VANGUARD TAX-MANAGED FDS

Ticker: VEA CUSIP: 921943858 Class: Exchange Traded Fund

FELL CAPITAL MANAGEMENT /ADV's Holding History (CIK: 0000850601)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 7,438 Value ($000) $465 Avg Close — Range —