Yarbrough Capital, LLC

Fundamental diversified ★Signal technology specialist (79%) CIK 1767686
League rank
#201
in Fundamental diversified · #836 overall
Long book
$2.85B
Q1 2026
Positions
85
Top-10 weight
74%
concentration
Last quarter
+18.0%
SPY +14.8%
Turnover
47%
of book per quarter

Strategy in plain words

auto-generated from filings

Yarbrough Capital, LLC is a diversified fundamental manager, specialised in technology (79% of the long book), running a $2.85B US long book across 85 positions.

The portfolio is concentrated: the top 10 names carry 74% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, ALPHABET INC-CL A, AMAZON.COM INC, META PLATFORMS INC-CLASS A.

Over the last 9 quarters its long book ran on average 1.9pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+12.5%
Q2 2024
+2.5%
Q3 2024
+7.8%
Q4 2024
-10.3%
Q1 2025
+17.4%
Q2 2025
+14.6%
Q3 2025
+3.0%
Q4 2025
-7.7%
Q1 2026
+18.0%

Sector allocation

Technology
82%
Consumer discretionary
8%
Financials
5%
Industrials
2%
Services media
2%
Communications
0%
Healthcare
0%

Long book by quarter

$2.30B
Q1 2024
$2.41B
Q2 2024
$2.45B
Q3 2024
$2.60B
Q4 2024
$2.33B
Q1 2025
$2.80B
Q2 2025
$3.21B
Q3 2025
$3.21B
Q4 2025
$2.85B
Q1 2026

What does Yarbrough Capital, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology3.3M$569.0M19.9%-0.1%
AAPL APPLE INCTechnology1.7M$442.8M15.5%-2.2%
GOOGL ALPHABET INC-CL ATechnology1.1M$304.5M10.7%-0.2%
AMZN AMAZON.COM INCConsumer discretionary861.8K$179.5M6.3%-0.6%
META META PLATFORMS INC-CLASS ATechnology283.8K$162.4M5.7%-0.3%
AVGO BROADCOM INCTechnology286.9K$88.8M3.1%Held
GOOG ALPHABET INC-CL CTechnology197.8K$56.7M2.0%-1.1%
MSFT MICROSOFT CORPTechnology128.0K$47.4M1.7%-1.4%
GRMN GARMIN LTDTechnology143.9K$33.4M1.2%Held
GS GOLDMAN SACHS GROUP INCFinancials37.2K$31.5M1.1%Held
JPM JPMORGAN CHASE & COFinancials97.9K$28.8M1.0%Held
HOOD ROBINHOOD MARKETS INC - AFinancials275.7K$19.1M0.7%Held
PLTR PALANTIR TECHNOLOGIES INC-ATechnology129.4K$18.9M0.7%+109.4%
QCOM QUALCOMM INCTechnology120.9K$15.6M0.5%-10.8%
BA BOEING CO/THEIndustrials77.5K$15.4M0.5%-2.7%
V VISA INC-CLASS A SHARESServices media45.4K$13.7M0.5%-3.9%
RTX RTX CORPIndustrials60.0K$11.6M0.4%Held
SHOP SHOPIFY INC - CLASS ATechnology97.5K$11.6M0.4%-13.1%
UBER UBER TECHNOLOGIES INCServices media154.1K$11.1M0.4%-2.9%
BX BLACKSTONE INCFinancials94.3K$10.8M0.4%Held
ASML ASML HOLDING NV-NY REG SHSIndustrials7.6K$10.0M0.3%Held
BAC BANK OF AMERICA CORPFinancials198.7K$9.7M0.3%Held
MELI MERCADOLIBRE INCServices media5.0K$8.7M0.3%Held
ASTS AST SPACEMOBILE INCCommunications99.4K$8.2M0.3%Held
NET CLOUDFLARE INC - CLASS ATechnology38.8K$8.0M0.3%New
MA MASTERCARD INC - AServices media13.7K$6.9M0.2%Held
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology17.4K$6.8M0.2%+42.2%
AMD ADVANCED MICRO DEVICESTechnology32.9K$6.7M0.2%Held
PINS PINTEREST INC- CLASS ATechnology350.5K$6.4M0.2%Held
STT STATE STREET CORPFinancials49.5K$6.3M0.2%Held
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology29.5K$5.8M0.2%Held
HCA HCA HEALTHCARE INCHealthcare11.9K$5.6M0.2%Held
LRCX LAM RESEARCH CORPIndustrials25.7K$5.5M0.2%Held
PANW PALO ALTO NETWORKS INCTechnology32.9K$5.3M0.2%+302.8%
NOW SERVICENOW INCTechnology41.7K$4.4M0.2%+155.1%
ANET ARISTA NETWORKS INCTechnology30.0K$3.7M0.1%-9.0%
MAR MARRIOTT INTERNATIONAL -CL AServices media10.9K$3.5M0.1%Held
GEV GE VERNOVA INCIndustrials4.0K$3.5M0.1%-47.3%
APP APPLOVIN CORP-CLASS ATechnology8.2K$3.3M0.1%Held
WFC WELLS FARGO & COFinancials37.5K$3.0M0.1%Held
ACHR ARCHER AVIATION INC-AIndustrials466.8K$2.4M0.1%Held
BSX BOSTON SCIENTIFIC CORPHealthcare38.5K$2.4M0.1%Held
HIG HARTFORD INSURANCE GROUP INCFinancials17.7K$2.4M0.1%Held
QBTS D-WAVE QUANTUM INCTechnology121.1K$1.7M0.1%Held
DKNG DRAFTKINGS INC-CL AServices media71.8K$1.6M0.1%Held
TOST TOAST INC-CLASS ATechnology53.8K$1.4M0.0%Held
JOBY JOBY AVIATION INCIndustrials167.5K$1.4M0.0%Held
RGTI RIGETTI COMPUTING INCTechnology69.4K$975K0.0%Held
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials28.6K$970K0.0%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials2.0K$947K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 14, 202685$2.85B canonicalSEC ↗
Q4 202513F-HRJan 14, 2026158$3.21B canonicalSEC ↗
Q3 202513F-HROct 20, 2025156$3.21B canonicalSEC ↗
Q2 202513F-HRJul 15, 2025152$2.80B canonicalSEC ↗
Q1 202513F-HRApr 14, 2025196$2.33B canonicalSEC ↗
Q4 202413F-HRJan 15, 2025190$2.60B canonicalSEC ↗
Q3 202413F-HROct 15, 2024200$2.45B canonicalSEC ↗
Q2 202413F-HRJul 17, 2024197$2.41B canonicalSEC ↗
Q1 202413F-HRApr 10, 2024196$2.30B canonicalSEC ↗