NZS Capital, LLC reported 60 positions worth $3.83B for the quarter ended Jun 30, 2026, up 27.7% on the prior quarter. It opened 6 new positions, added to 28, trimmed 26 and exited 4. Its largest holding is Alphabet Inc. at 7.8% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| NVDA Nvidia Corp | +466.8K | +135.6% | $93.40M | 4.24% |
| APH Amphenol Corp | +530.7K | +35.0% | $46.79M | 4.72% |
| ON On Semiconductor Corp | +335.5K | – | $31.72M | 0.829% |
| CRWD CrowdStrike Holdings, Inc. | +149.6K | +362.5% | $28.54M | 0.951% |
| GOOG Alphabet Inc. | +80.4K | +10.6% | $28.40M | 7.76% |
| ISRG Intuitive Surgical Inc | +59.1K | +37.2% | $23.52M | 2.27% |
| DASH DoorDash, Inc. | +126.0K | +52.9% | $23.26M | 1.76% |
| DDOG Datadog, Inc. | +89.2K | – | $23.22M | 0.607% |
| AXON Axon Enterprise, Inc. | +40.3K | +54.4% | $22.60M | 1.68% |
| LITE Lumentum Holdings Inc. | +22.7K | – | $19.48M | 0.509% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ARM Arm Holdings Plc | -237.9K | -50.9% | $84.36M | 2.12% |
| MRVL Marvell Technology, Inc. | -218.8K | -47.2% | $65.19M | 1.9% |
| LSCC Lattice Semiconductor Corp | -206.5K | -36.6% | $31.59M | 1.43% |
| SNPS Synopsys Inc | -68.5K | -70.3% | $30.55M | 0.338% |
| LIN Linde Plc | -48.0K | -20.9% | $24.93M | 2.47% |
| PEN Penumbra Inc | -69.0K | -100.0% | $22.65M | Exited |
| LRCX Lam Research Corp | -38.9K | -6.8% | $16.84M | 6.06% |
| AFRM Affirm Holdings, Inc. | -366.4K | -100.0% | $16.79M | Exited |
| UBER Uber Technologies, Inc | -221.5K | -29.8% | $15.98M | 0.984% |
| AMT American Tower Corp | -91.8K | -100.0% | $15.85M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| ON On Semiconductor Corp | +335.5K | $31.72M | 0.829% |
| DDOG Datadog, Inc. | +89.2K | $23.22M | 0.607% |
| LITE Lumentum Holdings Inc. | +22.7K | $19.48M | 0.509% |
| AMZN Amazon Com Inc | +57.9K | $13.79M | 0.36% |
| AXGN Axogen, Inc. | +278.2K | $12.85M | 0.336% |
| SPCX Space Exploration Technologies Corp | +14.1K | $2.40M | 0.063% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | GOOG Alphabet Inc. | Technology | 841.1K | $297.17M | 7.76% | +80.4K | +10.6% | Added | 0.01% |
| 2 | LRCX Lam Research Corp | Technology | 535.0K | $231.84M | 6.06% | -38.9K | -6.8% | Reduced | 0.04% |
| 3 | CDNS Cadence Design Systems Inc | Technology | 504.8K | $189.45M | 4.95% | -22.6K | -4.3% | Reduced | 0.18% |
| 4 | APH Amphenol Corp | Industrials | 2.05M | $180.61M | 4.72% | +530.7K | +35.0% | Added | 0.08% |
| 5 | NVDA Nvidia Corp | Technology | 811.0K | $162.28M | 4.24% | +466.8K | +135.6% | Added | 0% |
| 6 | TXN Texas Instruments Inc | Technology | 495.4K | $147.65M | 3.86% | -38.4K | -7.2% | Reduced | 0.05% |
| 7 | KLAC Kla Corp | Technology | 395.6K | $119.37M | 3.12% | -36.1K | -8.4% | Reduced | 0.03% |
| 8 | ROP Roper Technologies Inc | Technology | 319.1K | $107.98M | 2.82% | +29.8K | +10.3% | Added | 0.32% |
| 9 | PGR Progressive Corp | Financial Services | 484.4K | $105.82M | 2.76% | +4,662 | +1.0% | Added | 0.08% |
| 10 | TT Trane Technologies plc | Industrials | 199.1K | $97.77M | 2.55% | +1,866 | +0.9% | Added | 0.09% |
| 11 | URI United Rentals, Inc. | Industrials | 85.9K | $97.36M | 2.54% | -6,373 | -6.9% | Reduced | 0.14% |
| 12 | LIN Linde Plc | Basic Materials | 182.1K | $94.52M | 2.47% | -48.0K | -20.9% | Reduced | 0.04% |
| 13 | DHR Danaher Corp | Healthcare | 477.5K | $90.96M | 2.38% | -80.9K | -14.5% | Reduced | 0.07% |
| 14 | AJG Arthur J. Gallagher & Co. | Financial Services | 389.6K | $89.44M | 2.34% | +20.6K | +5.6% | Added | 0.15% |
| 15 | ISRG Intuitive Surgical Inc | Healthcare | 218.2K | $86.79M | 2.27% | +59.1K | +37.2% | Added | 0.06% |
Tip. Select a row to see that position’s full history at NZS Capital.
As of its Q2 2026 13F filing, NZS Capital, LLC’s five largest positions were Alphabet Inc. (GOOG) at 7.8%, Lam Research Corp (LRCX) at 6.1%, Cadence Design Systems Inc (CDNS) at 4.9%, Amphenol Corp (APH) at 4.7%, Nvidia Corp (NVDA) at 4.2% of the reported portfolio.
NZS Capital, LLC reported a 13F portfolio worth $3.83B across 60 positions for Q2 2026. That is up 27.7% from the previous quarter.
Its largest purchases by value were Nvidia Corp ($93.40M), Amphenol Corp ($46.79M), On Semiconductor Corp ($31.72M). It opened 6 new positions.
Its largest sales by value were Arm Holdings Plc ($84.36M), Marvell Technology, Inc. ($65.19M), Lattice Semiconductor Corp ($31.59M). It exited 4 positions entirely.
From the Form 13F-HR reports NZS Capital, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.