# EDGAR Filing Document

**Accession Number:** 0000889519
**File Stem:** 0000889519-25-000024
**Filing Date:** 2025-8
**Character Count:** 16922
**Document Hash:** 493c4db4f1b45a55a4e665704933fd2f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000889519-25-000024.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0000889519-25-000024

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VANGUARD VALLEY FORGE FUNDS
- **CENTRAL INDEX KEY:** 0000889519

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-58431
- **FILM NUMBER:** 251264984

**BUSINESS ADDRESS:**
- **STREET 1:** P O BOX 2600
- **STREET 2:** V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482
- **BUSINESS PHONE:** 6106691000

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 2600
- **STREET 2:** V26
- **CITY:** VALLEY FORGE
- **STATE:** PA
- **ZIP:** 19482

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VANGUARD BALANCED INDEX FUNDS
- **DATE OF NAME CHANGE:** 20070223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VANGUARD BALANCED INDEX FUND
- **DATE OF NAME CHANGE:** 20011121

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VANGUARD BALANCED INDEX FUND INC
- **DATE OF NAME CHANGE:** 19920715

## Series and Classes Contracts Data

### Vanguard Baillie Gifford Global Positive Impact Stock Fund (Series ID: S000075775)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000235057 | Investor Shares | VBPIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** VANGUARD VALLEY FORGE FUNDS

- **b. Investment Company Act file number:** 811-58431

- **c. CIK number of Registrant:** 0000889519

- **d. LEI of Registrant:** 549300FUTH8HHBEZCJ03

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Vanguard Boulevard

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

  - **Telephone number:** 610-669-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** VANGUARD BAILLIE GIFFORD GLOBAL POSITIVE IMPACT STOCK FUND

- **b. EDGAR series identifier (if any):** S000075775

- **c. LEI of Series:** 549300H2IF21UEITQ770

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $230110306.49

**Total Liabilities:** $2227531.14

**Net Assets:** $227882775.35

**Cash Not Reported:** $1196800.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235057 | 5.75%                | 9.79%                | 2.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1779126.84             | $11755984.33                               |
| Month 2  | $1766853.78              | $18040009.99                               |
| Month 3  | $-4217058.68             | $10053319.43                               |

### Schedule of Portfolio Investments

| Name                                              | Title                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABIOMED Inc                                       | ABIOMED INC-CVR                | CUSIP: N/A<br>LEI: 5493001EZN4ZTB4Z5887       | Long             | EC               | CORP              | US        |     16638 | NS      | $16970.76     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Rivian Automotive Inc                             | RIVIAN AUTOMOT-A               | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |     79683 | NS      | $1094844.42   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                                      | DUOLINGO                       | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22788 | NS      | $9343535.76   | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandoz Group AG                                   | SANDOZ GROUP AG                | CUSIP: N/A<br>LEI: 5493000JWK6XWFEUD320       | Long             | EC               | CORP              | CH        |     97214 | NS      | $5327655.55   | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Coursera Inc                                      | COURSERA                       | CUSIP: 22266M104<br>LEI: 984500573CA1QB7DAC30 | Long             | EC               | CORP              | US        |    279812 | NS      | $2451153.12   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                    | MICROSOFT CORP                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     22625 | NS      | $11253901.25  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SOITEC                                            | SOITEC                         | CUSIP: N/A<br>LEI: 969500ZR92SQCU9TST26       | Long             | EC               | CORP              | FR        |     20584 | NS      | $1135039.91   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd         | TSMC                           | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |    413000 | NS      | $15103140.25  | 6.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Deere & Co                                        | DEERE & CO                     | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     19882 | NS      | $10109798.18  | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCEPT BioRobotics Corp                          | PROCEPT BIOROBOT               | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19924 | NS      | $1147622.40   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                      | XYLEM INC                      | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     22460 | NS      | $2905425.60   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                      | ILLUMINA INC                   | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     46446 | NS      | $4431412.86   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                    | NU HOLDINGS LT-A               | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | US        |    535253 | NS      | $7343671.16   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                      | AUTODESK INC                   | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     28049 | NS      | $8683128.93   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Grab Holdings Ltd                                 | GRAB HOLDINGS LTD - CL A       | CUSIP: G4124C109<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               | CORP              | US        |   1539442 | NS      | $7743393.26   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                                      | JSC KASPI.KZ                   | CUSIP: N/A<br>LEI: 2549003YU6FARG8OAZ13       | Long             | EC               | CORP              | US        |     20308 | NS      | $1723946.12   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Prysmian SpA                                      | PRYSMIAN SPA                   | CUSIP: N/A<br>LEI: 529900X0H1IO3RS1A464       | Long             | EC               | CORP              | IT        |     37082 | NS      | $2625375.74   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Joby Aviation Inc                                 | JOBY AVIATION IN               | CUSIP: G65163100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174376 | NS      | $1839666.80   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                             | SCHNEIDER ELECTR               | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |     20542 | NS      | $5515217.59   | 2.42%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                     | HDFC BANK LTD                  | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |    355561 | NS      | $8300734.29   | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | Vanguard Market Liquidity Fund | CUSIP: N/A<br>LEI: 1I6HV0TLSTR3A4XQ6L78       | Long             | STIV             | CORP              | US        |   3150798 | NS      | $3150482.42   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global Inc                                | REMIT GLOBAL INC               | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    302826 | NS      | $5684044.02   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                                 | ASHTEAD GROUP                  | CUSIP: G05320109<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |     71743 | NS      | $4600591.10   | 2.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AbCellera Biologics Inc                           | ABCELLERA BIOLOG               | CUSIP: 00288U106<br>LEI: 9845000861BC95FF9F73 | Long             | EC               | CORP              | US        |    401306 | NS      | $1376479.58   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                        | DEXCOM                         | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     83211 | NS      | $7263488.19   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Epiroc AB                                         | EPIROC AB-B                    | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |    244737 | NS      | $4692230.65   | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis (Novozymes) B                           | NOVONESIS (NOVOZ               | CUSIP: K7317J133<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |    102029 | NS      | $7325363.39   | 3.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Savers Value Village Inc                          | SAVERS VALUE VIL               | CUSIP: 80517M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    319912 | NS      | $3263102.40   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential PLC                                    | PRUDENTIAL PLC                 | CUSIP: G72899100<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |    386171 | NS      | $4833408.85   | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc                        | VERTEX PHARM                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      8041 | NS      | $3579853.20   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                           | SEA LTD-ADR                    | CUSIP: N/A<br>LEI: 529900OM6JLLW44YKI15       | Long             | EC               | CORP              | US        |     48971 | NS      | $7832421.74   | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk PT              | BANK RAKYAT INDO               | CUSIP: Y0697U112<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |  30670217 | NS      | $7071332.30   | 3.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                  | MERCADOLIBRE INC               | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      5647 | NS      | $14759168.61  | 6.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                       | SHOPIFY INC - A                | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | US        |     56473 | NS      | $6514160.55   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                       | ALNYLAM PHARMACE               | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     27414 | NS      | $8939431.26   | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                        | ECOLAB INC                     | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     27198 | NS      | $7328229.12   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                   | ASML HOLDING NV                | CUSIP: N07059202<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     14366 | NS      | $11512006.71  | 5.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Insulet Corp                                      | INSULET CORP                   | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |     17213 | NS      | $5407980.34   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co/The                             | NEW YORK TIMES-A               | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |     96080 | NS      | $5378558.40   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** VANGUARD VALLEY FORGE FUNDS

**Signature:** Ashley Grim

**Name of Signer:** Ashley Grim

**Title:** Treasurer