VAUGHAN DAVID INVESTMENTS LLC/IL

PEORIA, IL · CIK 1063571 · 13F filing filed 2023-08-02

SEC-registered investment adviser since 1977 · limited liability company

Assets managed$5.3bn
Staff48 · 48 in investment roles
Main clients (by assets)High net worth individuals 69%, Banks 11%, Charities 7%
Form ADV · 2026-07-20SEC adviser record

$3.4bn reported value +3.6% vs Q1 2023

202positions

18.5%in top 10

8 new 107 added 55 reduced 5 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	331,054	$112.7m3.29%	3.29%	Reduced -1.7k	-1,727 -0.5%
2	ORACLE CORP COM ORCL	ORCL	584,485	$69.6m2.03%	2.03%	Reduced -908	-908 -0.2%
3	DEERE & CO COM DE	DE	170,218	$69.0m2.01%	2.01%	Reduced -287	-287 -0.2%
4	UNITEDHEALTH GROUP INC COM UNH	UNH	140,773	$67.7m1.98%	1.98%	Added +593	+593 0.4%
5	BROADCOM INC COM AVGO	AVGO	70,920	$61.5m1.80%	1.80%	Reduced -595	-595 -0.8%
6	JPMORGAN CHASE & CO COM JPM	JPM	370,236	$53.8m1.57%	1.57%	Added +1.3k	+1,311 0.4%
7	CONOCOPHILLIPS COM COP	COP	502,286	$52.0m1.52%	1.52%	Added +1.4k	+1,436 0.3%
8	TEXAS INSTRS INC COM TXN	TXN	275,307	$49.6m1.45%	1.45%	Added +181	+181 0.1%
9	JOHNSON & JOHNSON COM JNJ	JNJ	296,085	$49.0m1.43%	1.43%	Added +1.6k	+1,624 0.6%
10	CISCO SYS INC COM CSCO	CSCO	942,423	$48.8m1.42%	1.42%	Added +5.6k	+5,595 0.6%
11	PEPSICO INC COM PEP	PEP	263,010	$48.7m1.42%	1.42%	Added +720	+720 0.3%
12	HONEYWELL INTL INC COM COM		234,263	$48.6m1.42%	1.42%	Added +2.0k	+1,984 0.8%
13	MARSH & MCLENNAN COS INC COM MRSH	MRSH	254,895	$47.9m1.40%	1.40%	Added +712	+712 0.3%
14	ABBVIE INC COM ABBV	ABBV	350,622	$47.2m1.38%	1.38%	Added +1.5k	+1,511 0.4%
15	S&P GLOBAL INC COM SPGI	SPGI	116,650	$46.8m1.37%	1.37%	Added +547	+547 0.5%
16	CHEVRON CORP NEW COM CVX	CVX	294,874	$46.4m1.36%	1.36%	Added +2.9k	+2,907 1.0%
17	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	411,874	$46.0m1.34%	1.34%	Added +2.1k	+2,140 0.5%
18	NEXTERA ENERGY INC COM NEE	NEE	616,682	$45.8m1.34%	1.34%	Added +5.7k	+5,669 0.9%
19	ABBOTT LABS COM ABT	ABT	414,055	$45.1m1.32%	1.32%	Added +1.2k	+1,181 0.3%
20	AMERICAN EXPRESS CO COM AXP	AXP	258,511	$45.0m1.32%	1.32%	Added +2.3k	+2,349 0.9%
21	PROCTER AND GAMBLE CO COM PG	PG	296,670	$45.0m1.32%	1.32%	Added +2.7k	+2,704 0.9%
22	LINCOLN ELEC HLDGS INC COM LECO	LECO	223,655	$44.4m1.30%	1.30%	Added +1.1k	+1,070 0.5%
23	GENUINE PARTS CO COM GPC	GPC	262,068	$44.4m1.30%	1.30%	Added +2.2k	+2,173 0.8%
24	LAM RESEARCH CORP COM COM		66,623	$42.8m1.25%	1.25%	Added +574	+574 0.9%
25	EATON CORP PLC SHS ETN	ETN	209,349	$42.1m1.23%	1.23%	Added +2.9k	+2,872 1.4%
26	MERCK & CO INC COM MRK	MRK	364,604	$42.1m1.23%	1.23%	Added +1.4k	+1,394 0.4%
27	APOLLO GLOBAL MGMT INC COM APO	APO	545,910	$41.9m1.22%	1.22%	Added +5.8k	+5,755 1.1%
28	THE CIGNA GROUP COM CI	CI	140,042	$39.3m1.15%	1.15%	Added +1.6k	+1,635 1.2%
29	OMNICOM GROUP INC COM OMC	OMC	412,597	$39.3m1.15%	1.15%	Added +2.9k	+2,866 0.7%
30	AMGEN INC COM AMGN	AMGN	174,026	$38.6m1.13%	1.13%	Added +898	+898 0.5%
31	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	124,774	$38.5m1.12%	1.12%	Added +2.5k	+2,498 2.0%
32	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	595,294	$38.1m1.11%	1.11%	Added +9.3k	+9,316 1.6%
33	LOCKHEED MARTIN CORP COM LMT	LMT	82,045	$37.8m1.10%	1.10%	Added +764	+764 0.9%
34	HOME DEPOT INC COM HD	HD	120,795	$37.5m1.10%	1.10%	Added +1.8k	+1,772 1.5%
35	FIRSTENERGY CORP COM FE	FE	959,509	$37.3m1.09%	1.09%	Added +13.3k	+13,321 1.4%
36	MONDELEZ INTL INC CL A MDLZ	MDLZ	509,904	$37.2m1.09%	1.09%	Added +3.0k	+3,039 0.6%
37	SOUTHERN CO COM SO	SO	528,360	$37.1m1.08%	1.08%	Added +3.8k	+3,831 0.7%
38	BLACKROCK INC COM BLK	BLK	53,331	$36.9m1.08%	1.08%	Added +425	+425 0.8%
39	GENERAL MLS INC COM GIS	GIS	478,959	$36.7m1.07%	1.07%	Added +3.8k	+3,806 0.8%
40	XCEL ENERGY INC COM XEL	XEL	584,123	$36.3m1.06%	1.06%	Added +9.2k	+9,199 1.6%
41	COCA COLA CO COM KO	KO	596,786	$35.9m1.05%	1.05%	Added +7.3k	+7,257 1.2%
42	PPG INDS INC COM PPG	PPG	242,250	$35.9m1.05%	1.05%	Added +2.4k	+2,351 1.0%
43	TARGET CORP COM TGT	TGT	270,372	$35.7m1.04%	1.04%	Added +2.0k	+1,997 0.7%
44	AMERICAN ELEC PWR CO INC COM AEP	AEP	422,230	$35.6m1.04%	1.04%	Added +6.0k	+5,964 1.4%
45	AMDOCS LTD SHS DOX	DOX	353,274	$34.9m1.02%	1.02%	Added +6.8k	+6,815 2.0%
46	ALLIANT ENERGY CORP COM LNT	LNT	665,397	$34.9m1.02%	1.02%	Added +12.1k	+12,054 1.8%
47	EVERGY INC COM EVRG	EVRG	589,789	$34.5m1.01%	1.01%	Added +9.9k	+9,946 1.7%
48	KIMBERLY-CLARK CORP COM KMB	KMB	244,897	$33.8m0.99%	0.99%	Added +1.9k	+1,942 0.8%
49	BP PLC SPONSORED ADR BP	BP	952,283	$33.6m0.98%	0.98%	Added +4.6k	+4,575 0.5%
50	EXELON CORP COM EXC	EXC	806,436	$32.9m0.96%	0.96%	Added +17.5k	+17,539 2.2%
51	WILLIAMS COS INC COM WMB	WMB	997,240	$32.5m0.95%	0.95%	Added +13.6k	+13,622 1.4%
52	ACTIVISION BLIZZARD INC COM ATVI	ATVI	379,163	$32.0m0.93%	0.93%	Added +6.6k	+6,575 1.8%
53	EOG RES INC COM EOG	EOG	278,484	$31.9m0.93%	0.93%	Added +4.7k	+4,742 1.7%
54	REINSURANCE GRP OF AMERICA I COM NEW RGA	RGA	229,606	$31.8m0.93%	0.93%	Added +5.6k	+5,626 2.5%
55	VERIZON COMMUNICATIONS INC COM VZ	VZ	849,370	$31.6m0.92%	0.92%	Added +22.5k	+22,511 2.7%
56	ENTERGY CORP NEW COM ETR	ETR	323,848	$31.5m0.92%	0.92%	Added +10.9k	+10,925 3.5%
57	DUKE ENERGY CORP NEW COM NEW DUK	DUK	346,897	$31.1m0.91%	0.91%	Added +11.8k	+11,820 3.5%
58	ENBRIDGE INC COM ENB	ENB	832,399	$30.9m0.90%	0.90%	Added +10.5k	+10,468 1.3%
59	PHILIP MORRIS INTL INC COM PM	PM	314,505	$30.7m0.90%	0.90%	Added +6.4k	+6,423 2.1%
60	CONSTELLATION BRANDS INC CL A STZ	STZ	124,512	$30.6m0.90%	0.90%	Added +3.7k	+3,657 3.0%
61	SCHWAB CHARLES CORP COM SCHW	SCHW	538,544	$30.5m0.89%	0.89%	Added +17.5k	+17,523 3.4%
62	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	264,182	$29.9m0.87%	0.87%	Added +8.3k	+8,312 3.2%
63	PNC FINL SVCS GROUP INC COM PNC	PNC	235,787	$29.7m0.87%	0.87%	Added +6.6k	+6,642 2.9%
64	ALLSTATE CORP COM ALL	ALL	271,163	$29.6m0.86%	0.86%	Added +4.8k	+4,779 1.8%
65	DTE ENERGY CO COM DTE	DTE	268,279	$29.5m0.86%	0.86%	Added +6.9k	+6,911 2.6%
66	COMCAST CORP NEW CL A CMCSA	CMCSA	703,407	$29.2m0.85%	0.85%	Added +22.8k	+22,833 3.4%
67	REGIONS FINANCIAL CORP NEW COM RF	RF	1,635,182	$29.1m0.85%	0.85%	Added +47.0k	+46,960 3.0%
68	MEDTRONIC PLC SHS MDT	MDT	326,861	$28.8m0.84%	0.84%	Added +9.7k	+9,727 3.1%
69	EASTMAN CHEM CO COM EMN	EMN	343,238	$28.7m0.84%	0.84%	Added +4.8k	+4,796 1.4%
70	AT&T INC COM T	T	1,792,470	$28.6m0.84%	0.84%	Added +84.8k	+84,809 5.0%
71	SERVICE CORP INTL COM SCI	SCI	438,447	$28.3m0.83%	0.83%	New
72	DISNEY WALT CO COM DIS	DIS	302,795	$27.0m0.79%	0.79%	Added +6.6k	+6,556 2.2%
73	POLARIS INC COM PII	PII	218,152	$26.4m0.77%	0.77%	Added +4.6k	+4,599 2.1%
74	CVS HEALTH CORP COM CVS	CVS	369,602	$25.6m0.75%	0.75%	Added +8.8k	+8,830 2.5%
75	AMERICAN INTL GROUP INC COM NEW AIG	AIG	440,722	$25.4m0.74%	0.74%	Added +16.4k	+16,400 3.9%
76	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	339,351	$24.6m0.72%	0.72%	Added +10.8k	+10,792 3.3%
77	DOMINION ENERGY INC COM D	D	475,284	$24.6m0.72%	0.72%	Added +11.3k	+11,262 2.4%
78	CATERPILLAR INC COM CAT	CAT	97,084	$23.9m0.70%	0.70%	Added +22	+22 0.0%
79	ISHARES TR CORE DIV GRWTH DGRO	DGRO	460,411	$23.7m0.69%	0.69%	Added +11.3k	+11,268 2.5%
80	STANLEY BLACK & DECKER INC COM SWK	SWK	250,856	$23.5m0.69%	0.69%	Added +10.3k	+10,273 4.3%
81	US BANCORP DEL COM NEW USB	USB	695,298	$23.0m0.67%	0.67%	Added +36.4k	+36,353 5.5%
82	TRUIST FINL CORP COM TFC	TFC	699,227	$21.2m0.62%	0.62%	Added +13.1k	+13,067 1.9%
83	RLI CORP COM RLI	RLI	147,804	$20.2m0.59%	0.59%	Reduced -15	-15 -0.0%
84	WEC ENERGY GROUP INC COM WEC	WEC	219,299	$19.4m0.57%	0.57%	Added +216.5k	+216,536 7837.0%
85	CONSTELLATION ENERGY CORP COM CEG	CEG	208,980	$19.1m0.56%	0.56%	Added +1.5k	+1,493 0.7%
86	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	92,915	$13.9m0.41%	0.41%	Reduced -120	-120 -0.1%
87	QUALCOMM INC COM QCOM	QCOM	109,623	$13.0m0.38%	0.38%	Reduced -240.4k	-240,366 -68.7%
88	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	147,072	$9.6m0.28%	0.28%	Added +2.0k	+2,028 1.4%
89	EVERSOURCE ENERGY COM ES	ES	133,383	$9.5m0.28%	0.28%	Reduced -12.2k	-12,153 -8.3%
90	INVESCO EXCH TRD SLF IDX FD BULSHS 2023 CB BULSHS 2023 CB		431,844	$9.1m0.27%	0.27%	Added +2.0k	+2,010 0.5%
91	INVESCO EXCH TRD SLF IDX FD BULSHS 2024 CB BSCO	BSCO	428,034	$8.8m0.26%	0.26%	Added +10.1k	+10,139 2.4%
92	GENERAL DYNAMICS CORP COM GD	GD	38,720	$8.3m0.24%	0.24%	Reduced -320	-320 -0.8%
93	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	31,343	$6.9m0.20%	0.20%	Added +140	+140 0.5%
94	BROWN & BROWN INC COM BRO	BRO	100,000	$6.9m0.20%	0.20%	Unchanged
95	APPLE INC COM AAPL	AAPL	35,323	$6.9m0.20%	0.20%	Reduced -2.0k	-2,018 -5.4%
96	INVESCO EXCH TRD SLF IDX FD BULSHS 2025 CB BSCP	BSCP	308,647	$6.2m0.18%	0.18%	Added +12.1k	+12,060 4.1%
97	DISCOVER FINL SVCS COM DFS	DFS	48,573	$5.7m0.17%	0.17%	Reduced -4.7k	-4,735 -8.9%
98	EXXON MOBIL CORP COM XOM	XOM	48,238	$5.2m0.15%	0.15%	Added +903	+903 1.9%
99	NORFOLK SOUTHN CORP COM NSC	NSC	21,554	$4.9m0.14%	0.14%	Reduced -448	-448 -2.0%
100	INVESCO EXCH TRD SLF IDX FD BULSHS 2026 CB BSCQ	BSCQ	246,826	$4.7m0.14%	0.14%	Added +15.0k	+14,954 6.5%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
BERKSHIRE HATHAWAY INC DEL BRK.A	BRK.A	1	$466.0k1 shares
VANGUARD INDEX FDS VUG	VUG	1,177	$294.0k1.2k shares
THERMO FISHER SCIENTIFIC INC TMO	TMO	509	$293.0k509 shares
ADOBE INC ADBE	ADBE	581	$224.0k581 shares
ATI PHYSICAL THERAPY INC		10,000	$3.0k10.0k shares