ZEVENBERGEN CAPITAL INVESTMENTS LLC
Long book
$3.48B
Q1 2026
Positions
110
Top-10 weight
46%
concentration
Last quarter
+28.2%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsZEVENBERGEN CAPITAL INVESTMENTS LLC is a diversified fundamental manager, specialised in technology (64% of the long book), running a $3.48B US long book across 110 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, TESLA INC, ALPHABET INC-CL C, SHOPIFY INC - CLASS A, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 2pp per quarter ahead of the S&P 500, beating the index in 4 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
+7.0%
Q2 2024
+5.3%
Q3 2024
+9.5%
Q4 2024
-13.7%
Q1 2025
+31.0%
Q2 2025
+5.6%
Q3 2025
-1.8%
Q4 2025
-12.7%
Q1 2026
+28.2%
Sector allocation
Technology 63%
Industrials 16%
Services media 8%
Consumer discretionary 5%
Healthcare 4%
Other 3%
Communications 1%
Financials 1%
Long book by quarter
What does ZEVENBERGEN CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 2.0M | $344.6M | 9.9% | -16.1% |
| TSLA TESLA INC | Industrials | 537.2K | $199.7M | 5.7% | -22.6% |
| GOOG ALPHABET INC-CL C | Technology | 546.5K | $156.8M | 4.5% | -8.3% |
| SHOP SHOPIFY INC - CLASS A | Technology | 1.3M | $155.3M | 4.5% | -21.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 633.3K | $131.9M | 3.8% | -25.1% |
| META META PLATFORMS INC-CLASS A | Technology | 225.0K | $128.7M | 3.7% | -32.3% |
| AAPL APPLE INC | Technology | 501.8K | $127.4M | 3.7% | 0.0% |
| MELI MERCADOLIBRE INC | Services media | 71.6K | $123.8M | 3.6% | -21.8% |
| AXON AXON ENTERPRISE INC | Industrials | 288.2K | $122.4M | 3.5% | -14.9% |
| MSFT MICROSOFT CORP | Technology | 314.4K | $116.4M | 3.3% | 0.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 559.7K | $113.9M | 3.3% | +1.7% |
| AVGO BROADCOM INC | Technology | 312.6K | $96.7M | 2.8% | Held |
| MPWR MONOLITHIC POWER SYSTEMS INC | Technology | 81.9K | $89.6M | 2.6% | +0.7% |
| VRT VERTIV HOLDINGS CO-A | Technology | 300.0K | $75.2M | 2.2% | -13.4% |
| RKLB ROCKET LAB CORP | Industrials | 1.0M | $65.8M | 1.9% | -6.0% |
| SNOW SNOWFLAKE INC | Technology | 433.1K | $65.3M | 1.9% | -0.6% |
| GOOGL ALPHABET INC-CL A | Technology | 226.8K | $65.2M | 1.9% | -9.9% |
| MU MICRON TECHNOLOGY INC | Technology | 191.9K | $64.8M | 1.9% | -28.1% |
| NFLX NETFLIX INC | Services media | 608.3K | $58.5M | 1.7% | -21.3% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 147.1K | $57.4M | 1.7% | -27.6% |
| UBER UBER TECHNOLOGIES INC | Services media | 781.2K | $56.2M | 1.6% | -20.2% |
| PWR QUANTA SERVICES INC | Industrials | 100.2K | $55.0M | 1.6% | -2.7% |
| NTRA NATERA INC | Healthcare | 261.5K | $52.3M | 1.5% | -19.2% |
| KRMN KARMAN HOLDINGS INC | Industrials | 626.4K | $50.1M | 1.4% | +16.1% |
| TOST TOAST INC-CLASS A | Technology | 1.8M | $47.0M | 1.4% | -4.3% |
| CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 403.0K | $37.8M | 1.1% | +106.4% |
| SPOT SPOTIFY TECHNOLOGY SA | Communications | 77.4K | $37.5M | 1.1% | -18.5% |
| NOW SERVICENOW INC | Technology | 356.0K | $37.2M | 1.1% | -41.7% |
| APP APPLOVIN CORP-CLASS A | Technology | 85.2K | $33.9M | 1.0% | +9.0% |
| ANET ARISTA NETWORKS INC | Technology | 253.9K | $31.2M | 0.9% | +3.5% |
| PODD INSULET CORP | Healthcare | 139.4K | $29.3M | 0.8% | +23.3% |
| TMDX TRANSMEDICS GROUP INC | Healthcare | 286.5K | $28.5M | 0.8% | +2.3% |
| CSHX CASHMERE VALLEY BANK | — | 370.1K | $27.7M | 0.8% | New |
| AMAT APPLIED MATERIALS INC | Technology | 78.8K | $26.9M | 0.8% | +12.6% |
| IOT SAMSARA INC-CL A | Technology | 724.0K | $22.9M | 0.7% | -16.2% |
| APH AMPHENOL CORP-CL A | Technology | 177.9K | $22.5M | 0.6% | Held |
| KLAC KLA CORP | Other | 15.0K | $22.1M | 0.6% | Held |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 116.7K | $20.5M | 0.6% | -22.0% |
| V VISA INC-CLASS A SHARES | Services media | 66.3K | $20.0M | 0.6% | +53.6% |
| DDOG DATADOG INC - CLASS A | Technology | 164.0K | $19.4M | 0.6% | -14.9% |
| CDNS CADENCE DESIGN SYS INC | Technology | 65.0K | $18.1M | 0.5% | +62.3% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 13.2K | $17.5M | 0.5% | Held |
| DELL DELL TECHNOLOGIES -C | Technology | 103.8K | $17.0M | 0.5% | -7.2% |
| LASR NLIGHT INC | Technology | 285.6K | $16.3M | 0.5% | New |
| QCOM QUALCOMM INC | Technology | 125.5K | $16.2M | 0.5% | -0.1% |
| WING WINGSTOP INC | Consumer discretionary | 99.9K | $15.5M | 0.4% | -22.6% |
| PANW PALO ALTO NETWORKS INC | Technology | 94.9K | $15.2M | 0.4% | -67.2% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 73.1K | $14.4M | 0.4% | +176.9% |
| ORCL ORACLE CORP | Technology | 95.0K | $14.0M | 0.4% | -39.7% |
| ONON ON HOLDING AG-CLASS A | Other | 403.1K | $13.7M | 0.4% | -16.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 9, 2026 | 182 | $3.48B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 179 | $4.50B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 9, 2025 | 178 | $5.14B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 7, 2025 | 177 | $5.13B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 173 | $4.10B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 175 | $4.91B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 175 | $4.77B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 177 | $4.67B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 180 | $4.71B | canonical | SEC ↗ |