VTSIX Holdings — Vanguard Tax-Managed Small-Cap Fund

All 500 reported holdings of Vanguard Tax-Managed Small-Cap Fund (VTSIX) by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assetsValue (USD)
Eastman Chemical Co0.62%$59.80M
FormFactor Inc0.53%$51.04M
Celanese Corp0.51%$49.43M
Element Solutions Inc0.50%$48.67M
Viavi Solutions Inc0.49%$47.50M
LKQ Corp0.49%$47.19M
ESCO Technologies Inc0.48%$46.08M
Armstrong World Industries Inc0.47%$45.81M
Sanmina Corp0.46%$44.77M
Air Lease Corp0.46%$44.27M
Primoris Services Corp0.46%$44.16M
Lumen Technologies Inc0.46%$44.13M
Argan Inc0.46%$43.96M
Federal Signal Corp0.46%$43.94M
Jackson Financial Inc0.45%$43.59M
Semtech Corp0.45%$43.20M
Krystal Biotech Inc0.44%$42.40M
Protagonist Therapeutics Inc0.44%$42.16M
DigitalOcean Holdings Inc0.43%$41.49M
Molina Healthcare Inc0.43%$41.03M
Match Group Inc0.42%$40.94M
John Bean Technologies Corp0.42%$40.87M
Terreno Realty Corp0.42%$40.54M
Installed Building Products Inc0.42%$40.53M
Zurn Elkay Water Solutions Corp0.42%$40.39M
Archrock Inc0.42%$40.38M
Sealed Air Corp0.42%$40.37M
Noble Corp PLC0.42%$40.19M
Glaukos Corp0.42%$40.16M
Lincoln National Corp0.41%$39.89M
CarMax Inc0.41%$39.83M
Brinker International Inc0.41%$39.32M
Everus Construction Group Inc0.41%$39.25M
Magnolia Oil & Gas Corp0.40%$39.03M
SM Energy Co0.40%$39.00M
MarketAxess Holdings Inc0.40%$38.94M
Viasat Inc0.40%$38.44M
Alkermes PLC0.39%$38.04M
Essential Properties Realty Trust Inc0.39%$37.79M
Qorvo Inc0.38%$37.08M
Ryman Hospitality Properties Inc0.38%$36.81M
Caesars Entertainment Inc0.37%$35.77M
Balchem Corp0.37%$35.77M
Enpro Inc0.37%$35.66M
Madison Square Garden Sports Corp0.37%$35.42M
Matson Inc0.37%$35.30M
Teleflex Inc0.36%$35.03M
Paycom Software Inc0.36%$35.02M
StoneX Group Inc0.36%$34.86M
PTC Therapeutics Inc0.36%$34.82M
CONSOL Energy Inc0.36%$34.44M
Arcosa Inc0.36%$34.42M
Etsy Inc0.36%$34.35M
Plexus Corp0.36%$34.31M
Gates Industrial Corp PLC0.36%$34.28M
Piper Sandler Cos0.35%$33.56M
Versant Media Group Inc0.35%$33.51M
Warrior Met Coal Inc0.34%$32.98M
Resideo Technologies Inc0.34%$32.83M
Powell Industries Inc0.34%$32.41M
Enphase Energy Inc0.34%$32.34M
California Resources Corp0.33%$32.10M
Lamb Weston Holdings Inc0.33%$31.99M
Atlantic Union Bankshares Corp0.33%$31.84M
BrightSpring Health Services Inc0.33%$31.77M
Granite Construction Inc0.33%$31.75M
Ameris Bancorp0.33%$31.67M
Phillips Edison & Co Inc0.33%$31.50M
Axos Financial Inc0.33%$31.44M
Radian Group Inc0.33%$31.42M
Kodiak Gas Services Inc0.32%$30.85M
Macerich Co/The0.32%$30.79M
Rithm Capital Corp0.32%$30.43M
Lyft Inc0.31%$30.38M
Ralliant Corp0.31%$30.29M
Liberty Energy Inc0.31%$29.81M
Mohawk Industries Inc0.31%$29.76M
Badger Meter Inc0.31%$29.74M
Clear Secure Inc0.30%$29.37M
HA Sustainable Infrastructure Capital Inc0.30%$29.26M
TG Therapeutics Inc0.30%$29.20M
MYR Group Inc0.30%$29.18M
VSE Corp0.30%$29.08M
Casella Waste Systems Inc0.29%$28.39M
ACI Worldwide Inc0.29%$28.24M
CSW Industrials Inc0.29%$28.24M
Boot Barn Holdings Inc0.29%$28.16M
Patterson-UTI Energy Inc0.29%$28.01M
Mirion Technologies Inc0.29%$27.85M
Mueller Water Products Inc0.29%$27.65M
Chemours Co/The0.29%$27.65M
AAR Corp0.29%$27.56M
Telephone and Data Systems Inc0.29%$27.56M
Merit Medical Systems Inc0.28%$27.43M
Millrose Properties Inc0.28%$27.33M
Champion Homes Inc0.28%$27.13M
Tanger Inc0.28%$26.85M
Clearway Energy Inc0.28%$26.84M
Assured Guaranty Ltd0.28%$26.82M
MDU Resources Group Inc0.28%$26.78M
Itron Inc0.28%$26.74M
Moelis & Co0.27%$26.45M
Meritage Homes Corp0.27%$26.13M
OSI Systems Inc0.27%$26.00M
Amentum Holdings Inc0.27%$25.99M
Rush Enterprises Inc0.27%$25.91M
Peabody Energy Corp0.27%$25.68M
Laureate Education Inc0.27%$25.68M
Frontdoor Inc0.27%$25.68M
Asbury Automotive Group Inc0.27%$25.64M
Franklin Electric Co Inc0.27%$25.61M
Patrick Industries Inc0.26%$25.57M
Covista Inc0.26%$25.15M
Stride Inc0.26%$25.00M
Ligand Pharmaceuticals Inc0.26%$24.98M
Tri Pointe Homes Inc0.26%$24.97M
Oceaneering International Inc0.26%$24.93M
Academy Sports & Outdoors Inc0.26%$24.90M
SkyWest Inc0.26%$24.86M
Corcept Therapeutics Inc0.26%$24.82M
Otter Tail Corp0.26%$24.71M
Group 1 Automotive Inc0.26%$24.67M
RadNet Inc0.26%$24.65M
WSFS Financial Corp0.25%$24.39M
AZZ Inc0.25%$24.34M
Fulton Financial Corp0.25%$24.33M
Cathay General Bancorp0.25%$24.30M
PriceSmart Inc0.25%$24.24M
Mercury Systems Inc0.25%$24.12M
Sensient Technologies Corp0.25%$24.03M
Outfront Media Inc0.25%$24.02M
Victoria's Secret & Co0.25%$23.95M
Dana Inc0.25%$23.90M
Helmerich & Payne Inc0.25%$23.90M
Virtu Financial Inc0.25%$23.86M
Cal-Maine Foods Inc0.25%$23.80M
BGC Group Inc0.25%$23.78M
Cavco Industries Inc0.25%$23.77M
United Community Banks Inc/GA0.25%$23.71M
Shake Shack Inc0.24%$23.56M
Genworth Financial Inc0.24%$23.22M
Kontoor Brands Inc0.24%$23.18M
ServisFirst Bancshares Inc0.24%$23.15M
UniFirst Corp/MA0.24%$23.11M
Indivior Pharmaceuticals Inc0.24%$22.91M
Apellis Pharmaceuticals Inc0.24%$22.77M
M/I Homes Inc0.23%$22.45M
Brady Corp0.23%$22.42M
HB Fuller Co0.23%$22.41M
Crescent Energy Co0.23%$22.13M
Box Inc0.23%$22.06M
Signet Jewelers Ltd0.23%$21.78M
Kulicke & Soffa Industries Inc0.23%$21.75M
Par Pacific Holdings Inc0.23%$21.71M
NCR Atleos Corp0.22%$21.60M
Independent Bank Corp0.22%$21.58M
Urban Outfitters Inc0.22%$21.56M
TransMedics Group Inc0.22%$21.45M
Blackstone Mortgage Trust Inc0.22%$21.35M
Renasant Corp0.22%$21.32M
First Hawaiian Inc0.22%$21.26M
Enova International Inc0.22%$21.23M
BankUnited Inc0.22%$21.17M
StepStone Group Inc0.22%$21.15M
Diodes Inc0.22%$21.09M
PJT Partners Inc0.22%$21.02M
First BanCorp/Puerto Rico0.22%$21.02M
Life Time Group Holdings Inc0.22%$20.96M
Cactus Inc0.22%$20.90M
Bread Financial Holdings Inc0.22%$20.89M
ICU Medical Inc0.22%$20.81M
Korn Ferry0.22%$20.78M
Integer Holdings Corp0.21%$20.68M
Century Aluminum Co0.21%$20.64M
Northern Oil & Gas Inc0.21%$20.53M
Sunrun Inc0.21%$20.47M
Palomar Holdings Inc0.21%$20.47M
California Water Service Group0.21%$20.31M
OPENLANE Inc0.21%$20.18M
LCI Industries0.21%$20.16M
Hawkins Inc0.21%$19.99M
Avista Corp0.21%$20.00M
Iridium Communications Inc0.21%$19.88M
Western Union Co/The0.20%$19.64M
First Interstate BancSystem Inc0.20%$19.63M
Life360 Inc0.20%$19.60M
Standex International Corp0.20%$19.53M
Cinemark Holdings Inc0.20%$19.46M
Kadant Inc0.20%$19.42M
Supernus Pharmaceuticals Inc0.20%$19.41M
Cargurus Inc0.20%$19.25M
Cushman & Wakefield Ltd0.20%$19.24M
Community Financial System Inc0.20%$19.24M
Ultra Clean Holdings Inc0.20%$19.17M
Chesapeake Utilities Corp0.20%$19.15M
International Seaways Inc0.20%$19.11M
Power Integrations Inc0.20%$19.10M
Materion Corp0.20%$18.97M
Tidewater Inc0.20%$18.96M
Boise Cascade Co0.20%$18.84M
American States Water Co0.19%$18.75M
Dorman Products Inc0.19%$18.74M
Freshpet Inc0.19%$18.58M
Catalyst Pharmaceuticals Inc0.19%$18.48M
Calix Inc0.19%$18.40M
MARA Holdings Inc0.19%$18.38M
MGE Energy Inc0.19%$18.35M
Medical Properties Trust Inc0.19%$18.20M
Bank of Hawaii Corp0.19%$18.15M
United Natural Foods Inc0.19%$18.08M
Axcelis Technologies Inc0.19%$18.07M
ACADIA Pharmaceuticals Inc0.19%$18.08M
NMI Holdings Inc0.19%$18.04M
Griffon Corp0.19%$17.98M
IAC Inc0.18%$17.81M
Prestige Consumer Healthcare Inc0.18%$17.74M
SL Green Realty Corp0.18%$17.60M
LXP Industrial Trust0.18%$17.54M
Waystar Holding Corp0.18%$17.51M
WD-40 Co0.18%$17.40M
Trustmark Corp0.18%$17.31M
SolarEdge Technologies Inc0.18%$17.24M
Urban Edge Properties0.18%$17.13M
ADT Inc0.18%$17.11M
Adeia Inc0.18%$17.08M
Cheesecake Factory Inc/The0.18%$17.06M
Q2 Holdings Inc0.18%$16.99M
Impinj Inc0.18%$16.96M
WaFd Inc0.18%$16.92M
Victory Capital Holdings Inc0.18%$16.92M
Apple Hospitality REIT Inc0.18%$16.91M
Trinity Industries Inc0.17%$16.89M
Provident Financial Services Inc0.17%$16.84M
St Joe Co/The0.17%$16.84M
Ingevity Corp0.17%$16.81M
Sphere Entertainment Co0.17%$16.73M
Acadia Healthcare Co Inc0.17%$16.73M
Advance Auto Parts Inc0.17%$16.67M
American Eagle Outfitters Inc0.17%$16.65M
RingCentral Inc0.17%$16.62M
Kennametal Inc0.17%$16.60M
Acushnet Holdings Corp0.17%$16.46M
Phinia Inc0.17%$16.41M
Veracyte Inc0.17%$16.37M
Park National Corp0.17%$16.34M
RXO Inc0.17%$16.23M
First Bancorp/Southern Pines NC0.17%$16.22M
Steven Madden Ltd0.17%$16.10M
Teradata Corp0.17%$15.99M
Seacoast Banking Corp of Florida0.16%$15.90M
Curbline Properties Corp0.16%$15.84M
First Financial Bancorp0.16%$15.79M
Mercury General Corp0.16%$15.78M
ABM Industries Inc0.16%$15.78M
Cleanspark Inc0.16%$15.76M
Concentra Group Holdings Parent Inc0.16%$15.59M
Perdoceo Education Corp0.16%$15.57M
CVB Financial Corp0.16%$15.56M
Artisan Partners Asset Management Inc0.16%$15.57M
Acadia Realty Trust0.16%$15.54M
Andersons Inc/The0.16%$15.52M
GEO Group Inc/The0.16%$15.41M
Highwoods Properties Inc0.16%$15.40M
Banc of California Inc0.16%$15.35M
WillScot Holdings Corp0.16%$15.29M
Verra Mobility Corp0.16%$15.27M
LeMaitre Vascular Inc0.16%$15.24M
Sarepta Therapeutics Inc0.16%$15.22M
Minerals Technologies Inc0.16%$15.12M
Photronics Inc0.16%$15.10M
Hub Group Inc0.16%$15.05M
Penn Entertainment Inc0.16%$14.99M
Beacon Financial Corp0.15%$14.96M
Customers Bancorp Inc0.15%$14.85M
Four Corners Property Trust Inc0.15%$14.78M
CSG Systems International Inc0.15%$14.73M
Knowles Corp0.15%$14.73M
Hawaiian Electric Industries Inc0.15%$14.44M
Vishay Intertechnology Inc0.15%$14.41M
Privia Health Group Inc0.15%$14.39M
Bancorp Inc/The0.15%$14.39M
SPS Commerce Inc0.15%$14.34M
NBT Bancorp Inc0.15%$14.17M
Hayward Holdings Inc0.15%$14.16M
Chefs' Warehouse Inc/The0.15%$14.15M
Neogen Corp0.15%$14.13M
ADMA Biologics Inc0.15%$14.11M
Banner Corp0.15%$14.06M
Red Rock Resorts Inc0.15%$14.03M
BancFirst Corp0.15%$14.00M
ArcBest Corp0.14%$13.90M
Alarm.com Holdings Inc0.14%$13.81M
Extreme Networks Inc0.14%$13.73M
Vanguard Cmt Funds-Vanguard Market Liquidity Fund0.14%$13.65M
Enerpac Tool Group Corp0.14%$13.43M
FB Financial Corp0.14%$13.34M
Benchmark Electronics Inc0.14%$13.33M
Global Net Lease Inc0.14%$13.29M
Callaway Golf Co0.14%$13.27M
SiriusPoint Ltd0.14%$13.23M
Kinetik Holdings Inc0.14%$13.22M
Strategic Education Inc0.14%$13.22M
ARMOUR Residential REIT Inc0.14%$13.12M
Veeco Instruments Inc0.13%$12.94M
Insight Enterprises Inc0.13%$12.89M
City Holding Co0.13%$12.86M
Simmons First National Corp0.13%$12.83M
DNOW Inc0.13%$12.64M
First Commonwealth Financial Corp0.13%$12.62M
Green Brick Partners Inc0.13%$12.57M
National Vision Holdings Inc0.13%$12.52M
DiamondRock Hospitality Co0.13%$12.52M
National HealthCare Corp0.13%$12.49M
Ichor Holdings Ltd0.13%$12.48M
EVERTEC Inc0.13%$12.48M
Comstock Resources Inc0.13%$12.46M
ManpowerGroup Inc0.13%$12.45M
ePlus Inc0.13%$12.44M
BlackLine Inc0.13%$12.34M
ACM Research Inc0.13%$12.31M
Pathward Financial Inc0.13%$12.28M
Innospec Inc0.13%$12.19M
Marriott Vacations Worldwide Corp0.13%$12.18M
Talos Energy Inc0.13%$12.15M
Digi International Inc0.13%$12.09M
Select Medical Holdings Corp0.12%$12.04M
Stewart Information Services Corp0.12%$11.96M
CoreCivic Inc0.12%$11.97M
Central Garden & Pet Co0.12%$11.95M
Werner Enterprises Inc0.12%$11.86M
Rogers Corp0.12%$11.82M
Alamo Group Inc0.12%$11.81M
Sunstone Hotel Investors Inc0.12%$11.78M
Kaiser Aluminum Corp0.12%$11.72M
HNI Corp0.12%$11.64M
Pediatrix Medical Group Inc0.12%$11.60M
OneSpaWorld Holdings Ltd0.12%$11.45M
Adient PLC0.12%$11.43M
Encore Capital Group Inc0.12%$11.43M
Robert Half Inc0.12%$11.42M
LiveRamp Holdings Inc0.12%$11.38M
Pitney Bowes Inc0.12%$11.34M
Greenbrier Cos Inc/The0.12%$11.31M
Uniti Group Inc0.12%$11.29M
Stellar Bancorp Inc0.12%$11.27M
Interparfums Inc0.12%$11.25M
Northwest Natural Holding Co0.12%$11.21M
Horace Mann Educators Corp0.12%$11.20M
Veris Residential Inc0.12%$11.19M
Perrigo Co PLC0.12%$11.19M
DXP Enterprises Inc/TX0.12%$11.18M
Addus HomeCare Corp0.12%$11.10M
OFG Bancorp0.11%$11.07M
Under Armour Inc0.11%$10.96M
Douglas Emmett Inc0.11%$10.83M
Yelp Inc0.11%$10.80M
Enviri Corp0.11%$10.79M
S&T Bancorp Inc0.11%$10.78M
LTC Properties Inc0.11%$10.75M
Albany International Corp0.11%$10.68M
Agilysys Inc0.11%$10.66M
John Wiley & Sons Inc0.11%$10.59M
WisdomTree Inc0.11%$10.58M
Cohen & Steers Inc0.11%$10.57M
A10 Networks Inc0.11%$10.56M
Walker & Dunlop Inc0.11%$10.51M
Brightsphere Investment Group Inc0.11%$10.49M
Arcus Biosciences Inc0.11%$10.44M
Worthington Enterprises Inc0.11%$10.42M
Xenia Hotels & Resorts Inc0.11%$10.30M
Pebblebrook Hotel Trust0.11%$10.31M
National Bank Holdings Corp0.11%$10.29M
DXC Technology Co0.11%$10.17M
CorVel Corp0.10%$10.10M
Vericel Corp0.10%$10.06M
Getty Realty Corp0.10%$9.99M
H2O America0.10%$9.99M
Carter's Inc0.10%$9.96M
CTS Corp0.10%$9.89M
Northwest Bancshares Inc0.10%$9.85M
Sylvamo Corp0.10%$9.75M
UFP Technologies Inc0.10%$9.72M
Triumph Financial Inc0.10%$9.73M
Quaker Chemical Corp0.10%$9.67M
Hilltop Holdings Inc0.10%$9.65M
Apollo Commercial Real Estate Finance Inc0.10%$9.51M
LGI Homes Inc0.10%$9.49M
Arlo Technologies Inc0.10%$9.49M
NetScout Systems Inc0.10%$9.48M
Interface Inc0.10%$9.39M
Innoviva Inc0.10%$9.39M
Artivion Inc0.10%$9.38M
Kohl's Corp0.10%$9.33M
Helix Energy Solutions Group Inc0.10%$9.33M
J & J Snack Foods Corp0.10%$9.31M
Cohu Inc0.10%$9.24M
JetBlue Airways Corp0.10%$9.22M
Century Communities Inc0.10%$9.17M
EZCORP Inc0.09%$9.08M
REX American Resources Corp0.09%$9.04M
Vita Coco Co Inc/The0.09%$9.04M
HCI Group Inc0.09%$9.03M
Amneal Pharmaceuticals Inc0.09%$8.98M
MaxLinear Inc0.09%$8.92M
Wendy's Co/The0.09%$8.92M
Two Harbors Investment Corp0.09%$8.92M
Proto Labs Inc0.09%$8.87M
Lindsay Corp0.09%$8.84M
Alpha Metallurgical Resources Inc0.09%$8.80M
JBG SMITH Properties0.09%$8.80M
Six Flags Entertainment Corp0.09%$8.77M
La-Z-Boy Inc0.09%$8.76M
Healthcare Services Group Inc0.09%$8.76M
ANI Pharmaceuticals Inc0.09%$8.74M
Tandem Diabetes Care Inc0.09%$8.72M
Omnicell Inc0.09%$8.68M
Fresh Del Monte Produce Inc0.09%$8.67M
Sally Beauty Holdings Inc0.09%$8.61M
Progyny Inc0.09%$8.59M
Wolverine World Wide Inc0.09%$8.53M
Universal Corp/VA0.09%$8.52M
Westamerica BanCorp0.09%$8.49M
Leggett & Platt Inc0.09%$8.47M
ASGN Inc0.09%$8.45M
Tennant Co0.09%$8.43M
Kemper Corp0.09%$8.41M
Dorian LPG Ltd0.09%$8.35M
Sonos Inc0.09%$8.29M
Upwork Inc0.09%$8.25M
Donnelley Financial Solutions Inc0.09%$8.24M
Dime Community Bancshares Inc0.08%$8.19M
CVR Energy Inc0.08%$8.16M
CONMED Corp0.08%$8.12M
Gibraltar Industries Inc0.08%$8.12M
TripAdvisor Inc0.08%$8.09M
DoubleVerify Holdings Inc0.08%$8.06M
World Kinect Corp0.08%$8.04M
Buckle Inc/The0.08%$7.98M
Ziff Davis Inc0.08%$7.97M
Schneider National Inc0.08%$7.91M
Monarch Casino & Resort Inc0.08%$7.87M
Preferred Bank/Los Angeles CA0.08%$7.80M
Enovis Corp0.08%$7.77M
Upbound Group Inc0.08%$7.65M
Allegiant Travel Co0.08%$7.62M
Astec Industries Inc0.08%$7.62M
Employers Holdings Inc0.08%$7.60M
FMC Corp0.08%$7.60M
Progress Software Corp0.08%$7.58M
US Physical Therapy Inc0.08%$7.58M
PROG Holdings Inc0.08%$7.54M
Bristow Group Inc0.08%$7.54M
Astrana Health Inc0.08%$7.45M
Collegium Pharmaceutical Inc0.08%$7.43M
Insperity Inc0.08%$7.36M
ZoomInfo Technologies Inc0.08%$7.35M
Hope Bancorp Inc0.08%$7.33M
Goosehead Insurance Inc0.08%$7.33M
Phibro Animal Health Corp0.08%$7.33M
PennyMac Mortgage Investment Trust0.07%$7.21M
QuidelOrtho Corp0.07%$7.18M
Redwood Trust Inc0.07%$7.15M
Harmonic Inc0.07%$7.12M
G-III Apparel Group Ltd0.07%$7.11M
AdaptHealth Corp0.07%$7.09M
Harmony Biosciences Holdings Inc0.07%$7.03M
MillerKnoll Inc0.07%$7.02M
Masterbrand Inc0.07%$6.99M
Safety Insurance Group Inc0.07%$6.83M
NeoGenomics Inc0.07%$6.77M
Sonic Automotive Inc0.07%$6.73M
Enact Holdings Inc0.07%$6.72M
Arbor Realty Trust Inc0.07%$6.68M
Centerspace0.07%$6.66M
Sezzle Inc0.07%$6.60M
Azenta Inc0.07%$6.57M
XPEL Inc0.07%$6.55M
Unitil Corp0.07%$6.42M
Worthington Steel Inc0.07%$6.38M
Ellington Financial Inc0.07%$6.37M
Vestis Corp0.07%$6.36M
PDF Solutions Inc0.07%$6.35M
Quanex Building Products Corp0.07%$6.30M
Lakeland Financial Corp0.07%$6.27M
American Assets Trust Inc0.06%$6.17M
Atlas Energy Solutions Inc0.06%$6.11M
Vir Biotechnology Inc0.06%$6.07M
Kennedy-Wilson Holdings Inc0.06%$6.07M
Deluxe Corp0.06%$6.06M
Cogent Communications Holdings Inc0.06%$6.04M
Oxford Industries Inc0.06%$5.93M
Winnebago Industries Inc0.06%$5.90M
Cracker Barrel Old Country Store Inc0.06%$5.86M
STAAR Surgical Co0.06%$5.84M
Penguin Solutions Inc0.06%$5.83M
Pacira BioSciences Inc0.06%$5.73M
BioLife Solutions Inc0.06%$5.70M
Scholastic Corp0.06%$5.70M
Virtus Investment Partners Inc0.06%$5.69M
Tompkins Financial Corp0.06%$5.64M

VTSIX overview: performance, fees, allocation and SEC filings