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LEHKQ Lehman Brothers Holdings Inc (CE)

0.0003
0.00 (0.00%)
06 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Lehman Brothers Holdings Inc (CE) USOTC:LEHKQ OTCMarkets Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.0003 0.00 01:00:00

Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (n-q)

01/04/2013 5:50pm

Edgar (US Regulatory)



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT COMPANY

 

Investment Company Act file number:    811-01530

 

Name of Registrant:     Vanguard Explorer Fund 

 

Address of Registrant:

P.O. Box 2600

Valley Forge, PA 19482

 

Name and address of agent for service:

Heidi Stam, Esquire
P.O. Box 876
Valley Forge, PA 19482

 

Date of fiscal year end:    October 31

 

Date of reporting period:    January 31, 2013

 

I tem 1: Schedule of Investments

 


 

Vanguard Explorer Fund

Schedule of Investments
As of January 31, 2013

      Market
      Value
    Shares ($000)
Common Stocks (98.1%) 1    
Consumer Discretionary (17.2%)    
* Life Time Fitness Inc. 1,346,145 68,290
* Urban Outfitters Inc. 1,480,960 63,370
* Hanesbrands Inc. 1,262,792 47,329
  Brunswick Corp. 1,260,325 45,573
* Fifth & Pacific Cos. Inc. 2,831,790 42,760
*,^ Pandora Media Inc. 3,486,600 40,166
  Cheesecake Factory Inc. 1,173,287 38,906
  GameStop Corp. Class A 1,556,792 36,118
  Dana Holding Corp. 2,225,300 35,783
* LKQ Corp. 1,555,390 34,825
* Crocs Inc. 2,327,300 34,584
* CarMax Inc. 868,830 34,249
  Texas Roadhouse Inc. Class A 1,927,975 33,913
  DSW Inc. Class A 485,652 32,505
  Tractor Supply Co. 297,915 30,885
* MGM Resorts International 2,348,630 29,992
  Service Corp. International 2,002,130 29,892
  Churchill Downs Inc. 448,750 29,016
* Steven Madden Ltd. 619,945 28,567
  Ulta Salon Cosmetics & Fragrance Inc. 289,625 28,331
* Tumi Holdings Inc. 1,253,639 28,194
* Buffalo Wild Wings Inc. 372,686 27,411
  Abercrombie & Fitch Co. 548,200 27,410
* TRW Automotive Holdings Corp. 463,365 26,704
  HSN Inc. 441,900 26,337
* Sally Beauty Holdings Inc. 987,522 26,209
*,^ Coinstar Inc. 511,721 26,036
* Tenneco Inc. 732,777 25,618
* AMC Networks Inc. Class A 445,700 25,392
* PulteGroup Inc. 1,221,100 25,326
  Aaron's Inc. 784,100 23,249
  Chico's FAS Inc. 1,284,100 23,024
* DreamWorks Animation SKG Inc. Class A 1,294,940 22,545
* ANN Inc. 730,571 22,531
* Live Nation Entertainment Inc. 2,179,380 22,360
  Cinemark Holdings Inc. 788,500 22,188
  Gentex Corp. 1,147,350 21,949
  Lennar Corp. Class A 500,925 20,808
* Hibbett Sports Inc. 385,411 20,296
* Deckers Outdoor Corp. 489,100 19,540
* Steiner Leisure Ltd. 410,396 18,488
* Denny's Corp. 3,495,200 17,686
  Group 1 Automotive Inc. 260,776 17,665
* Cabela's Inc. 336,600 17,375
  Oxford Industries Inc. 343,905 16,982
  Dunkin' Brands Group Inc. 463,825 16,934
* Carter's Inc. 277,100 16,690
  Domino's Pizza Inc. 342,647 15,957
  Tiffany & Co. 215,100 14,143

 


 

*,^ Vera Bradley Inc. 556,700 14,079
  Ryland Group Inc. 339,098 13,469
* Krispy Kreme Doughnuts Inc. 1,016,395 13,213
  Six Flags Entertainment Corp. 201,116 12,658
*,^ Francesca's Holdings Corp. 433,500 12,311
  Men's Wearhouse Inc. 372,904 11,318
  Pier 1 Imports Inc. 495,171 10,740
  PetSmart Inc. 159,292 10,419
* Bloomin' Brands Inc. 506,645 9,408
  Vail Resorts Inc. 177,273 9,369
* Lululemon Athletica Inc. 130,000 8,970
^ Sturm Ruger & Co. Inc. 175,474 8,909
* Select Comfort Corp. 379,358 8,354
* BJ's Restaurants Inc. 251,000 8,025
* Genesco Inc. 105,300 6,563
* Jos A Bank Clothiers Inc. 158,000 6,405
  Sotheby's 170,000 6,106
* American Public Education Inc. 155,197 5,980
* O'Reilly Automotive Inc. 62,000 5,744
*,^ SodaStream International Ltd. 100,000 4,809
  Polaris Industries Inc. 41,558 3,619
* Meritage Homes Corp. 80,100 3,544
  KB Home 177,100 3,377
* Goodyear Tire & Rubber Co. 210,000 2,890
* WMS Industries Inc. 114,500 2,834
  American Eagle Outfitters Inc. 134,800 2,724
  Brinker International Inc. 77,499 2,537
* Asbury Automotive Group Inc. 67,400 2,397
* Jarden Corp. 40,600 2,389
* Papa John's International Inc. 41,600 2,334
  Buckle Inc. 49,400 2,311
  Foot Locker Inc. 64,500 2,216
  bebe stores inc 522,724 2,185
  Guess? Inc. 75,100 2,034
  Sinclair Broadcast Group Inc. Class A 143,800 1,982
  Thor Industries Inc. 45,700 1,923
* Conn's Inc. 64,497 1,834
* Smith & Wesson Holding Corp. 199,100 1,712
  Regal Entertainment Group Class A 113,500 1,695
* Lamar Advertising Co. Class A 39,500 1,684
  Hot Topic Inc. 150,700 1,673
  PVH Corp. 13,300 1,581
* G-III Apparel Group Ltd. 33,400 1,199
* DineEquity Inc. 15,600 1,143
  Cracker Barrel Old Country Store Inc. 13,300 862
* Multimedia Games Holding Co. Inc. 48,600 823
*,^ Zagg Inc. 90,219 624
  Tupperware Brands Corp. 7,500 572
* Panera Bread Co. Class A 3,550 567
* Netflix Inc. 3,200 529
* Vitamin Shoppe Inc. 4,600 281
  GNC Holdings Inc. Class A 6,000 216
  Ameristar Casinos Inc. 7,300 193
  Movado Group Inc. 3,100 113
      1,645,547
Consumer Staples (2.1%)    
* Smithfield Foods Inc. 1,684,010 39,254

 


 

* United Natural Foods Inc. 598,194 32,291
^ Herbalife Ltd. 758,223 27,539
  Casey's General Stores Inc. 478,740 26,201
* Green Mountain Coffee Roasters Inc. 340,600 15,508
  McCormick & Co. Inc. 206,850 12,897
  PriceSmart Inc. 166,300 12,807
* Monster Beverage Corp. 234,600 11,237
* Boston Beer Co. Inc. Class A 49,000 6,877
* Susser Holdings Corp. 151,196 6,329
* Hain Celestial Group Inc. 76,285 4,347
* Dean Foods Co. 151,300 2,770
  Nu Skin Enterprises Inc. Class A 54,327 2,301
* Pilgrim's Pride Corp. 257,286 2,174
  Ingredion Inc. 32,600 2,154
* Rite Aid Corp. 816,000 1,306
      205,992
Energy (6.0%)    
* Superior Energy Services Inc. 1,575,951 39,352
* Atwood Oceanics Inc. 710,525 37,494
* SemGroup Corp. Class A 840,540 36,278
  Cabot Oil & Gas Corp. 675,915 35,675
  Core Laboratories NV 273,280 34,881
* Rosetta Resources Inc. 578,900 30,693
  Patterson-UTI Energy Inc. 1,439,300 29,275
* ION Geophysical Corp. 3,851,597 26,191
*,^ SandRidge Energy Inc. 3,338,565 23,637
* Comstock Resources Inc. 1,554,130 22,675
* Whiting Petroleum Corp. 453,889 21,596
  Trican Well Service Ltd. 1,432,300 19,602
  RPC Inc. 1,190,750 17,826
*,^ Clean Energy Fuels Corp. 1,224,520 15,686
* TETRA Technologies Inc. 1,843,216 15,667
  Oceaneering International Inc. 225,900 14,279
* Kodiak Oil & Gas Corp. 1,544,248 14,207
* Key Energy Services Inc. 1,722,700 14,006
* Southwestern Energy Co. 397,625 13,639
* Rex Energy Corp. 1,034,080 13,577
* McDermott International Inc. 1,068,590 13,005
* Carrizo Oil & Gas Inc. 589,527 12,663
* Pioneer Energy Services Corp. 1,669,949 12,658
* Gulfport Energy Corp. 281,525 11,619
* Approach Resources Inc. 423,050 11,249
* Basic Energy Services Inc. 513,700 6,642
  CONSOL Energy Inc. 132,000 4,137
* Alpha Natural Resources Inc. 426,200 3,776
* Oil States International Inc. 41,400 3,212
*,^ James River Coal Co. 979,200 2,947
  Western Refining Inc. 76,200 2,563
  HollyFrontier Corp. 44,346 2,316
  Energy XXI Bermuda Ltd. 70,700 2,214
* Oasis Petroleum Inc. 59,000 2,117
* Vaalco Energy Inc. 237,500 2,016
* CVR Energy Inc. 28,500 1,674
  Rentech Inc. 521,825 1,602
* Geospace Technologies Corp. 12,600 1,136
      573,782

 


 

Exchange-Traded Funds (1.8%)    
^,2 Vanguard Small-Cap ETF 865,083 74,432
^,2 Vanguard Small-Cap Growth ETF 713,200 67,369
^ iShares Russell 2000 Index Fund 308,890 27,682
      169,483
Financials (7.3%)    
* Financial Engines Inc. 1,099,800 36,579
3 HFF Inc. Class A 2,054,118 35,824
*,3 eHealth Inc. 1,460,025 35,581
  Zions Bancorporation 1,504,690 35,089
* Affiliated Managers Group Inc. 242,525 34,907
  NASDAQ OMX Group Inc. 1,228,577 34,793
  East West Bancorp Inc. 1,254,210 29,411
* WisdomTree Investments Inc. 3,239,384 28,021
  Protective Life Corp. 862,647 27,294
  MFA Financial Inc. 2,917,125 26,225
* Signature Bank 352,699 26,075
  National Penn Bancshares Inc. 2,671,593 26,048
  International Bancshares Corp. 1,320,655 25,819
  Och-Ziff Capital Management Group LLC Class A 2,510,379 24,853
* DFC Global Corp. 1,053,004 20,281
  Cathay General Bancorp 915,495 17,770
  Cash America International Inc. 358,600 17,181
*,^ Zillow Inc. Class A 441,600 16,710
  Primerica Inc. 500,000 16,440
  Jefferies Group Inc. 788,713 15,719
  Redwood Trust Inc. 765,100 14,613
* National Financial Partners Corp. 773,282 13,617
  Wintrust Financial Corp. 310,731 11,519
* Ocwen Financial Corp. 294,841 11,490
  First Horizon National Corp. 1,113,700 11,371
* Walter Investment Management Corp. 229,750 10,295
  Validus Holdings Ltd. 257,003 9,357
  Evercore Partners Inc. Class A 239,730 9,186
  Cardinal Financial Corp. 526,369 8,601
  Tanger Factory Outlet Centers 239,096 8,469
  TCF Financial Corp. 576,508 7,875
  OFS Capital Corp. 314,323 4,517
  Old National Bancorp 320,475 4,282
  Federated Investors Inc. Class B 108,500 2,567
  State Bank Financial Corp. 156,527 2,498
  Allied World Assurance Co. Holdings AG 27,400 2,324
* World Acceptance Corp. 29,376 2,278
  Nelnet Inc. Class A 68,376 2,081
* First Cash Financial Services Inc. 38,861 2,072
* Nationstar Mortgage Holdings Inc. 57,400 2,072
  Extra Space Storage Inc. 45,500 1,813
* Credit Acceptance Corp. 18,135 1,806
  Omega Healthcare Investors Inc. 69,600 1,779
  Regency Centers Corp. 34,800 1,734
  Montpelier Re Holdings Ltd. 71,100 1,733
  Apartment Investment & Management Co. Class A 63,200 1,724
  QC Holdings Inc. 476,180 1,586
  Sovran Self Storage Inc. 21,300 1,390
  Home Properties Inc. 22,400 1,377
* Realogy Holdings Corp. 25,500 1,142
  Inland Real Estate Corp. 115,400 1,048

 


 

* St. Joe Co. 44,500 1,046
  Bryn Mawr Bank Corp. 42,519 984
  Ryman Hospitality Properties 24,000 959
  CBL & Associates Properties Inc. 40,600 872
  Macerich Co. 14,200 848
  Federal Realty Investment Trust 6,300 667
  Essex Property Trust Inc. 4,200 646
  Rayonier Inc. 10,127 545
* FelCor Lodging Trust Inc. 98,200 528
* Portfolio Recovery Associates Inc. 4,200 449
  CBOE Holdings Inc. 12,700 430
  GAMCO Investors Inc. 6,800 383
* Alexander & Baldwin Inc. 8,200 275
  Camden Property Trust 3,600 250
  Coresite Realty Corp. 6,600 195
* Regional Management Corp. 10,200 171
  First American Financial Corp. 5,100 122
      698,206
Health Care (17.4%)    
  Cooper Cos. Inc. 945,008 95,777
* Covance Inc. 1,217,425 81,214
* Alkermes plc 3,416,235 78,744
  West Pharmaceutical Services Inc. 1,081,770 64,052
* Salix Pharmaceuticals Ltd. 1,211,870 58,049
* Onyx Pharmaceuticals Inc. 745,473 57,789
* Bruker Corp. 3,052,868 51,502
* Regeneron Pharmaceuticals Inc. 286,980 49,917
* BioMarin Pharmaceutical Inc. 820,200 45,021
* Catamaran Corp. 810,663 42,065
* Seattle Genetics Inc. 1,411,504 41,569
  ResMed Inc. 939,199 41,137
  Universal Health Services Inc. Class B 671,020 38,007
* Health Management Associates Inc. Class A 3,497,785 36,517
* Elan Corp. plc ADR 3,436,708 36,120
* Henry Schein Inc. 415,950 35,913
* ICON plc ADR 1,214,145 35,587
* Luminex Corp. 1,884,600 34,639
* Mettler-Toledo International Inc. 153,959 32,721
*,3 Kindred Healthcare Inc. 2,805,539 30,244
* WellCare Health Plans Inc. 576,700 29,244
* Insulet Corp. 1,259,215 29,050
  DENTSPLY International Inc. 688,950 28,770
* MedAssets Inc. 1,456,211 28,469
* Bio-Rad Laboratories Inc. Class A 242,640 27,610
* Actavis Inc. 306,835 26,507
* Vertex Pharmaceuticals Inc. 589,500 26,398
* Brookdale Senior Living Inc. Class A 949,972 25,659
* Allscripts Healthcare Solutions Inc. 2,189,600 24,261
* Volcano Corp. 917,054 22,963
* QIAGEN NV 1,016,700 21,351
* Edwards Lifesciences Corp. 219,400 19,731
* Thoratec Corp. 523,237 19,114
* Nektar Therapeutics 2,222,800 19,049
* Cubist Pharmaceuticals Inc. 433,680 18,666
* Optimer Pharmaceuticals Inc. 1,847,250 17,142
* Incyte Corp. Ltd. 926,920 17,037
* MWI Veterinary Supply Inc. 146,201 16,420

 


 

  Air Methods Corp. 366,578 16,027
* IPC The Hospitalist Co. Inc. 366,133 15,612
* WuXi PharmaTech Cayman Inc. ADR 951,475 15,395
* Jazz Pharmaceuticals plc 270,091 15,230
* ABIOMED Inc. 1,063,400 14,834
*,^ Exelixis Inc. 2,946,847 13,732
* Alexion Pharmaceuticals Inc. 145,689 13,693
* Cyberonics Inc. 286,476 12,422
* Isis Pharmaceuticals Inc. 842,639 12,243
* AVEO Pharmaceuticals Inc. 1,514,500 11,980
* ImmunoGen Inc. 786,800 11,267
  Coventry Health Care Inc. 240,700 11,031
* Akorn Inc. 790,820 10,352
* Align Technology Inc. 329,200 10,324
*,^ Globus Medical Inc. 473,790 6,055
  Invacare Corp. 363,550 5,719
* Aegerion Pharmaceuticals Inc. 165,575 4,687
* ViroPharma Inc. 169,600 4,521
* NPS Pharmaceuticals Inc. 498,625 4,408
  Meridian Bioscience Inc. 207,915 4,356
* HeartWare International Inc. 46,100 4,166
  Trinity Biotech plc ADR 229,550 3,703
* Pharmacyclics Inc. 46,500 3,224
* Tornier NV 182,278 3,142
* HealthSouth Corp. 107,600 2,567
  Chemed Corp. 33,106 2,501
* Charles River Laboratories International Inc. 57,500 2,376
* Sirona Dental Systems Inc. 31,500 2,094
* PAREXEL International Corp. 60,300 2,041
* Infinity Pharmaceuticals Inc. 55,300 1,905
* Orthofix International NV 47,700 1,820
* ICU Medical Inc. 25,600 1,547
  PDL BioPharma Inc. 214,300 1,474
* Affymax Inc. 78,226 1,471
* Auxilium Pharmaceuticals Inc. 79,300 1,459
  Select Medical Holdings Corp. 138,900 1,353
* Array BioPharma Inc. 353,145 1,331
  Questcor Pharmaceuticals Inc. 51,624 1,315
  Perrigo Co. 12,992 1,306
* Bio-Reference Labs Inc. 46,300 1,286
* Arena Pharmaceuticals Inc. 138,700 1,171
* Team Health Holdings Inc. 32,000 1,084
* Molina Healthcare Inc. 28,350 814
* LipoScience Inc. 69,767 733
* Genomic Health Inc. 24,392 684
* Anika Therapeutics Inc. 55,100 585
* Celldex Therapeutics Inc. 53,400 398
* Dyax Corp. 112,800 359
* United Therapeutics Corp. 5,400 291
* Medicines Co. 8,254 247
* IDEXX Laboratories Inc. 2,500 238
* Prothena Corp. plc 39,294 236
* Endocyte Inc. 14,550 146
* Agenus Inc. 21,925 100
      1,667,080
Industrials (16.5%)    
  MSC Industrial Direct Co. Inc. Class A 943,372 74,640

 


 

  Kennametal Inc. 1,796,395 73,670
  Pentair Ltd. 1,116,260 56,572
* Middleby Corp. 333,410 47,131
  Triumph Group Inc. 643,684 45,296
  Belden Inc. 922,290 44,408
* Genesee & Wyoming Inc. Class A 515,538 43,604
  Manpower Inc. 831,190 42,806
  Chicago Bridge & Iron Co. NV 784,951 39,883
* B/E Aerospace Inc. 760,907 39,179
* IHS Inc. Class A 374,220 38,507
  Flowserve Corp. 228,905 35,885
* WESCO International Inc. 490,850 35,798
* AerCap Holdings NV 2,308,116 33,722
*,^ Polypore International Inc. 819,434 31,622
* Mobile Mini Inc. 1,289,000 30,936
* EnerSys Inc. 726,315 29,728
  Waste Connections Inc. 824,400 29,695
* RBC Bearings Inc. 559,694 29,513
* Moog Inc. Class A 666,225 29,181
  Armstrong World Industries Inc. 523,635 28,795
* Clean Harbors Inc. 495,375 27,538
* Swift Transportation Co. 2,012,400 27,489
* Beacon Roofing Supply Inc. 735,919 26,596
* Huron Consulting Group Inc. 698,265 23,811
  Towers Watson & Co. Class A 376,870 23,019
  AMETEK Inc. 560,295 22,966
* Trimas Corp. 740,225 22,866
* Teledyne Technologies Inc. 333,567 22,769
  Landstar System Inc. 396,530 22,618
  Con-way Inc. 715,140 22,441
* Old Dominion Freight Line Inc. 580,569 21,644
  AO Smith Corp. 284,995 19,744
  Graco Inc. 326,620 18,683
  Lennox International Inc. 316,846 18,222
* Quanta Services Inc. 605,505 17,541
  UTi Worldwide Inc. 1,152,235 17,007
* United Rentals Inc. 331,026 16,757
* Avis Budget Group Inc. 778,079 16,752
* Stericycle Inc. 174,815 16,494
* American Woodmark Corp. 577,897 16,071
  TAL International Group Inc. 377,323 15,810
  Knight Transportation Inc. 988,480 15,766
  Kaman Corp. 431,327 15,674
*,^ Solarcity Corp. 954,200 13,950
* CAI International Inc. 553,873 13,891
* Hexcel Corp. 508,800 13,631
* Rush Enterprises Inc. Class A 570,526 13,499
  Snap-on Inc. 153,845 12,465
  Acuity Brands Inc. 169,770 11,680
  Actuant Corp. Class A 392,613 11,574
  Lindsay Corp. 119,432 11,112
  Nordson Corp. 141,121 9,543
* II-VI Inc. 482,100 8,205
* MasTec Inc. 262,428 7,427
* Team Inc. 168,583 7,386
* Exponent Inc. 147,522 7,212
* DigitalGlobe Inc. 253,200 7,082

 


 

  Primoris Services Corp. 368,300 7,064
  Herman Miller Inc. 281,712 6,958
* Greenbrier Cos. Inc. 337,800 6,732
  Woodward Inc. 167,114 6,419
* Dycom Industries Inc. 294,507 6,179
* Thermon Group Holdings Inc. 188,831 4,570
* Advisory Board Co. 72,100 3,910
* Copart Inc. 95,200 3,419
  Lincoln Electric Holdings Inc. 62,500 3,371
  Equifax Inc. 52,400 3,076
* Hertz Global Holdings Inc. 160,100 2,927
* Alaska Air Group Inc. 61,424 2,833
* USG Corp. 93,100 2,736
  Dun & Bradstreet Corp. 32,000 2,609
  Deluxe Corp. 68,509 2,520
* US Airways Group Inc. 168,200 2,402
* Atlas Air Worldwide Holdings Inc. 50,247 2,266
  Hubbell Inc. Class B 24,500 2,231
  Steelcase Inc. Class A 156,479 2,133
  Applied Industrial Technologies Inc. 47,797 2,101
  ITT Corp. 81,100 2,083
* JetBlue Airways Corp. 350,000 2,034
  Mueller Water Products Inc. Class A 342,800 2,026
* Taser International Inc. 213,200 1,784
  Standex International Corp. 26,200 1,484
  Cintas Corp. 34,600 1,462
  Copa Holdings SA Class A 11,900 1,304
  Mine Safety Appliances Co. 26,700 1,234
  Generac Holdings Inc. 26,900 1,000
* DXP Enterprises Inc. 16,800 956
  H&E Equipment Services Inc. 44,100 850
  Mueller Industries Inc. 13,700 731
  Robert Half International Inc. 18,800 663
  Argan Inc. 24,249 456
* Republic Airways Holdings Inc. 54,100 454
* WABCO Holdings Inc. 6,000 376
  Covanta Holding Corp. 13,600 268
  TransDigm Group Inc. 1,400 190
  Textainer Group Holdings Ltd. 4,474 185
* PGT Inc. 22,600 111
* Nortek Inc. 103 7
      1,573,620
Information Technology (23.1%)    
* Alliance Data Systems Corp. 668,293 105,323
*,3 TiVo Inc. 6,706,360 89,463
* Cadence Design Systems Inc. 5,171,360 72,037
* Sapient Corp. 5,513,687 66,771
* Aruba Networks Inc. 2,846,659 65,587
* Ultimate Software Group Inc. 580,399 58,934
* Microsemi Corp. 2,449,390 51,241
* VeriFone Systems Inc. 1,416,650 49,186
* Teradyne Inc. 2,806,720 45,357
* PTC Inc. 1,935,016 44,854
* Trimble Navigation Ltd. 696,220 43,514
* F5 Networks Inc. 409,273 42,925
* Silicon Laboratories Inc. 853,345 37,240
* Finisar Corp. 2,392,885 37,090

 


 

Convergys Corp. 2,174,885 37,017
FEI Co. 564,420 34,407
* MICROS Systems Inc. 724,512 33,349
* ValueClick Inc. 1,622,685 33,216
* NCR Corp. 1,180,874 32,793
j2 Global Inc. 1,009,461 32,121
* Euronet Worldwide Inc. 1,304,030 31,910
* Riverbed Technology Inc. 1,636,620 31,750
* Rovi Corp. 1,826,020 31,572
* QLIK Technologies Inc. 1,414,300 31,412
IPG Photonics Corp. 441,700 28,923
Cypress Semiconductor Corp. 2,663,040 27,349
* Dealertrack Technologies Inc. 865,637 27,337
* Informatica Corp. 724,330 26,807
* ON Semiconductor Corp. 3,397,540 26,671
IAC/InterActiveCorp 636,335 26,249
* RADWARE Ltd. 710,541 25,842
* JDS Uniphase Corp. 1,770,920 25,696
* First Solar Inc. 909,806 25,638
* Red Hat Inc. 450,400 25,024
MKS Instruments Inc. 890,000 24,742
FactSet Research Systems Inc. 252,400 23,352
* NICE Systems Ltd. ADR 631,945 23,312
* Acxiom Corp. 1,275,000 22,606
* Nuance Communications Inc. 882,280 21,219
* Concur Technologies Inc. 316,435 21,169
* Atmel Corp. 3,088,985 20,696
* BroadSoft Inc. 602,020 20,451
* Bankrate Inc. 1,644,830 20,347
* Salesforce.com Inc. 110,140 18,958
* Imperva Inc. 538,200 18,460
Heartland Payment Systems Inc. 563,919 17,910
* Sourcefire Inc. 412,400 17,568
* WEX Inc. 223,000 17,530
* Global Cash Access Holdings Inc. 2,090,360 15,782
Avago Technologies Ltd. Class A 422,630 15,117
* Infoblox Inc. 791,200 14,914
* Acme Packet Inc. 610,800 14,763
* Liquidity Services Inc. 462,075 14,726
* Akamai Technologies Inc. 357,206 14,542
* Ciena Corp. 925,320 14,491
Syntel Inc. 244,262 14,238
* Manhattan Associates Inc. 199,615 13,676
Fair Isaac Corp. 300,310 13,535
* CommVault Systems Inc. 174,867 13,418
* FleetCor Technologies Inc. 222,594 13,320
* Hittite Microwave Corp. 210,069 12,894
* Nanometrics Inc. 819,392 12,791
* NETGEAR Inc. 358,220 12,577
* LinkedIn Corp. Class A 101,100 12,515
MercadoLibre Inc. 141,091 12,472
* WNS Holdings Ltd. ADR 976,757 12,434
* Ultratech Inc. 305,129 12,428
* SolarWinds Inc. 226,391 12,320
* Ixia 646,411 12,275
* Entropic Communications Inc. 2,324,900 12,182
National Instruments Corp. 423,739 12,034

 


 

* Super Micro Computer Inc. 945,402 11,704
* Mentor Graphics Corp. 679,480 11,639
* Aspen Technology Inc. 344,555 10,543
* SPS Commerce Inc. 270,900 10,541
* OSI Systems Inc. 184,792 10,064
* Semtech Corp. 286,660 8,646
* CACI International Inc. Class A 159,200 8,538
* Cardtronics Inc. 328,508 8,505
* Tyler Technologies Inc. 148,900 8,048
*,^ Ruckus Wireless Inc. 291,300 6,863
  Power Integrations Inc. 178,160 6,663
* Interactive Intelligence Group Inc. 155,257 6,244
^ Ubiquiti Networks Inc. 483,400 6,226
* Diodes Inc. 317,775 6,044
  Littelfuse Inc. 90,000 5,761
* Progress Software Corp. 196,800 4,619
* PROS Holdings Inc. 200,000 4,412
  Monolithic Power Systems Inc. 180,000 4,194
* Dropbox Private Placement 445,203 4,060
* Silicon Motion Technology Corp. ADR 220,100 3,550
* Gartner Inc. 66,938 3,448
* LSI Corp. 422,700 2,976
* Cavium Inc. 87,300 2,919
  MAXIMUS Inc. 41,324 2,834
  Total System Services Inc. 120,800 2,809
* Demandware Inc. 82,800 2,632
  Lender Processing Services Inc. 99,300 2,387
  Monotype Imaging Holdings Inc. 130,000 2,350
  Genpact Ltd. 138,700 2,323
  Anixter International Inc. 33,931 2,283
  DST Systems Inc. 33,496 2,242
* Integrated Device Technology Inc. 305,175 2,206
* Unisys Corp. 95,340 2,117
  AOL Inc. 67,100 2,057
* Arris Group Inc. 122,900 2,030
* Vantiv Inc. Class A 95,800 1,995
* Plexus Corp. 65,500 1,672
  Jack Henry & Associates Inc. 38,300 1,589
* CalAmp Corp. 180,461 1,545
  Intersil Corp. Class A 175,495 1,518
* Freescale Semiconductor Ltd. 100,400 1,451
  Booz Allen Hamilton Holding Corp. 103,141 1,430
  MTS Systems Corp. 20,500 1,165
* Nova Measuring Instruments Ltd. 120,000 1,080
* RF Micro Devices Inc. 197,030 985
* MEMC Electronic Materials Inc. 231,900 965
* Silicon Graphics International Corp. 52,900 769
* Websense Inc. 51,251 750
* Exar Corp. 71,200 747
* Cray Inc. 35,000 650
* Silicon Image Inc. 99,100 481
* CSG Systems International Inc. 24,000 452
* ATMI Inc. 17,200 351
* Extreme Networks 90,400 334
  Diebold Inc. 10,700 315
* MaxLinear Inc. 31,600 164
      2,207,254

 


 

Materials (5.5%)    
* WR Grace & Co. 560,760 40,263
* Graphic Packaging Holding Co. 5,597,464 39,238
  Smurfit Kappa Group plc (London Shares) 2,721,684 37,685
  KapStone Paper and Packaging Corp. 1,500,540 36,013
  Ashland Inc. 437,590 34,355
  PolyOne Corp. 1,517,260 33,137
  Albemarle Corp. 534,235 32,754
  Minerals Technologies Inc. 759,060 31,402
  Methanex Corp. 874,190 31,344
  Ball Corp. 642,185 28,590
  FMC Corp. 423,170 26,012
  Schweitzer-Mauduit International Inc. 587,600 23,939
  Silgan Holdings Inc. 541,370 23,225
  Carpenter Technology Corp. 413,430 21,635
* Ferro Corp. 3,803,855 19,400
  Allegheny Technologies Inc. 527,200 16,686
  Sensient Technologies Corp. 256,912 9,788
  Globe Specialty Metals Inc. 601,235 9,115
* LSB Industries Inc. 162,194 6,715
* OM Group Inc. 192,700 5,322
  Valspar Corp. 57,200 3,791
  Packaging Corp. of America 68,800 2,644
^ Axiall Corp. 46,500 2,612
  Walter Energy Inc. 68,900 2,587
  NewMarket Corp. 9,773 2,494
  Westlake Chemical Corp. 26,000 2,388
  Myers Industries Inc. 57,700 853
* OMNOVA Solutions Inc. 63,400 519
* Owens-Illinois Inc. 13,200 314
* Chemtura Corp. 6,700 159
      524,979
Telecommunication Services (1.2%)    
* tw telecom inc Class A 1,135,325 31,369
* SBA Communications Corp. Class A 445,045 31,002
* Vonage Holdings Corp. 10,005,390 26,114
  Cogent Communications Group Inc. 932,599 23,101
*,^ magicJack VocalTec Ltd. 111,400 1,465
  Primus Telecommunications Group Inc. 24,100 257
* Fairpoint Communications Inc. 20,700 192
      113,500
Utilities (0.0%)    
  American States Water Co. 16,200 819
 
Total Common Stocks (Cost $7,079,572)   9,380,262

 


 

  Coupon      
Temporary Cash Investments (3.4%) 1        
Money Market Fund (2.9%)        
4,5 Vanguard Market Liquidity Fund 0.143%   278,427,724 278,428
 
      Face  
    Maturity Amount  
    Date ($000)  
Repurchase Agreement (0.4%)        
Deutsche Bank Securities, Inc.        
(Dated 1/31/13, Repurchase Value        
$31,000,000, collateralized by Government        
National Mortgage Assn. 3.000%-6.000%,        
12/15/38-12/15/42) 0.170% 2/1/13 31,000 31,000
 
U.S. Government and Agency Obligations (0.1%)        
6,7 Fannie Mae Discount Notes 0.110% 3/13/13 200,000 200
6,7 Fannie Mae Discount Notes 0.095-0.097% 3/27/13 11,000,000 10,997
        11,197
Total Temporary Cash Investments (Cost $320,626)     320,625
Total Investments (101.5%) (Cost $7,400,198)       9,700,887
Other Assets and Liabilities-Net (-1.5%) 5       (140,914)
Net Assets (100%)       9,559,973

* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $113,492,000.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After
giving effect to futures investments, the fund's effective common stock and temporary cash investment positions
represent 98.8% and 2.7%, respectively, of net assets.
2 Considered an affiliated company of the fund as the issuer is another member of The Vanguard Group.
3 Considered an affiliated company of the fund as the fund owns more than 5% of the outstanding voting securities
of such company.
4 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
5 Includes $117,027,000 of collateral received for securities on loan.
6 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations
have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as
needed to maintain a positive net worth, in exchange for senior preferred stock.
7 Securities with a value of $3,399,000 have been segregated as initial margin for open futures contracts.
ADR—American Depositary Receipt.

A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund's pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund's pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard


 

Explorer Fund

Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

B. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund's pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).

C. Repurchase Agreements: The fund may enter into repurchase agreements. Securities pledged as collateral for repurchase agreements are held by a custodian bank until the agreements mature. Each agreement requires that the market value of the collateral be sufficient to cover payments of interest and principal. In the event of default or bankruptcy by the other party to the agreement, the fund may sell or retain the collateral; however, such action may be subject to legal proceedings.

D. Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1— Quoted prices in active markets for identical securities.
Level 2— Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3— Significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund's investments as of January 31, 2013, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Common Stocks 9,338,517 37,685 4,060
Temporary Cash Investments 278,428 42,197
Futures Contracts—Assets 1 560
Futures Contracts—Liabilities 1 (152)
Total 9,617,353 79,882 4,060
1 Represents variation margin on the last day of the reporting period.

 

E. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objective of maintaining full exposure to the stock market while maintaining liquidity. The fund may purchase or sell futures contracts to achieve a desired level of investment, whether to accommodate portfolio turnover or cash flows from capital share transactions. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market.


 

Explorer Fund

Futures contracts are valued at their quoted daily settlement prices. The aggregate principal amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Schedule of Investments as an asset (liability).

At January 31, 2013, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:

      ($000)
      Aggregate  
    Number of Settlement Unrealized
    Long (Short) Value Appreciation
Futures Contracts Expiration Contracts Long (Short) (Depreciation) 
E-mini Russell 2000 Index March 2013 379 34,114 1,997
E-mini S&P MidCap 400 Index March 2013 235 25,643 1,594

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized
gain (loss) for tax purposes.

F. Certain of the fund's investments are in companies that are considered to be affiliated companies
of the fund because the fund owns more than 5% of the outstanding voting securities of the company.
Transactions during the period in securities of these companies were as follows:

    Current Period Transactions  
      Proceeds    
  Oct. 31, 2012   from   Jan. 31, 2013
  Market Purchases Securities Dividend Market
  Value at Cost Sold Income Value
  ($000) ($000) ($000) ($000) ($000)
eHealth Inc. 32,368 776 35,581
HFF Inc. Class A 30,986 785 3,888 3,467 35,824
Kindred Healthcare Inc. 27,981 513 30,243
TiVo Inc. 63,219 6,409 937 89,463
  154,554       191,111

 

G. At January 31, 2013, the cost of investment securities for tax purposes was $7,400,198,000. Net unrealized appreciation of investment securities for tax purposes was $2,300,689,000, consisting of unrealized gains of $2,584,936,000 on securities that had risen in value since their purchase and $284,247,000 in unrealized losses on securities that had fallen in value since their purchase.


 

Item 2: Controls and Procedures

(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

(b) Internal Control Over Financial Reporting. During the last fiscal quarter, there was no significant change in the Registrant’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3: Exhibits

(a) Certifications

  VANGUARD EXPLORER FUND
 
By: /s/ F. WILLIAM MCNABB III*
  F. WILLIAM MCNABB III
  CHIEF EXECUTIVE OFFICER
 
Date: March 20, 2013  

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

  VANGUARD EXPLORER FUND

 

By:

/s/ F. WILLIAM MCNABB III*
  F. WILLIAM MCNABB III
  CHIEF EXECUTIVE OFFICER

 

Date: March 20, 2013

 

 

 

VANGUARD EXPLORER FUND

 

By:

/s/ THOMAS J. HIGGINS*
  THOMAS J. HIGGINS
  CHIEF FINANCIAL OFFICER

 

Date: March 20, 2013

 

 

* By:/s/ Heidi Stam

Heidi Stam, pursuant to a Power of Attorney filed on March 27, 2012 see file Number 2-11444 , Incorporated by Reference.


 

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