NZS Capital, LLC — 13F Holdings

2026 Q1  ·  66 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, NZS Capital, LLC maintained a portfolio of 66 distinct positions. The most significant new addition was STRYKER CORPORATION, now representing 2.55% of the total fund value. They heavily accumulated shares in TYLER TECHNOLOGIES INC, increasing the position by 508.4%. The fund also reduced its exposure to AMERICAN TOWER CORP NEW by 85.2%.
Position History hover any row below to update
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NZS Capital, LLC Boulder, CO Asset Manager / Hedge Fund AUM $2,998M
PCA Score Concentration Risk
Risk ENB
Total Positions
66
Quarter
2026 Q1
Top Holding
GOOG (7.3%)
Top 10 Concentration
39.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 66

NZS Capital, LLC Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
GOOG
ALPHABET INC
Communication Services 7.28% 7.85% #1
Prev: #1
5.4 -54,691 -6.7%
P
S
760,682 $218,209,239
$115.10 +155.8%
$286.86 +2.6%
2021 Q2 13F Filing 2026-03-31 2026-05-15
CDNS
CADENCE DESIGN ...
Technology 4.89% 4.50% #2
Prev: #2
5.5 57,566 12.3%
P
S
527,423 $146,555,029
$202.52 +37.6%
$277.87 +0.3%
2021 Q2 13F Filing 2026-03-31 2026-05-15
LRCX
LAM RESEARCH CO...
Technology 4.09% 3.88% #3 1
Prev: #4
2.6 -165,786 -22.4%
P
S
573,887 $122,616,696
$73.30 +198.0%
$213.66 +2.2%
2021 Q2 13F Filing 2026-03-31 2026-05-15
LIN
LINDE PLC
Basic Materials 3.81% 3.20% #4 4
Prev: #8
2.5 -14,170 -5.8%
P
S
230,175 $114,111,558 2022 Q3 13F Filing 2026-03-31 2026-05-15
DHR
DANAHER CORP DE...
Healthcare 3.53% 4.43% #5 2
Prev: #3
2.4 -72,257 -11.5%
P
S
558,409 $105,874,346 2022 Q2 13F Filing 2026-03-31 2026-05-15
TXN
TEXAS INSTRS IN...
Technology 3.46% 2.78% #6 4
Prev: #10
1.9 11,546 2.2%
P
S
533,805 $103,632,903 2021 Q2 13F Filing 2026-03-31 2026-05-15
ROP
ROPER TECHNOLOG...
Technology 3.41% 3.09% #7 2
Prev: #9
3.9 62,980 27.8%
P
S
289,295 $102,369,929 2024 Q2 13F Filing 2026-03-31 2026-05-15
APH
AMPHENOL CORP
Technology 3.20% 2.01% #8 7
Prev: #15
4.3 273,049 56.2%
P
S
758,975 $95,896,491 2021 Q2 13F Filing 2026-03-31 2026-05-15
PGR
PROGRESSIVE COR...
Financial Services 3.17% 3.27% #9 3
Prev: #6
1.8 11,391 2.4%
P
S
479,756 $95,106,829 2022 Q4 13F Filing 2026-03-31 2026-05-15
TT
TRANE TECHNOLOG...
Industrials 2.74% 2.30% #10 3
Prev: #13
1.6 4,423 2.3%
P
S
197,197 $82,179,878 2021 Q3 13F Filing 2026-03-31 2026-05-15
AJG
GALLAGHER ARTHU...
Financial Services 2.67% 1.82% #11 7
Prev: #18
4.1 139,261 60.6%
P
S
368,965 $79,910,440 2025 Q4 13F Filing 2026-03-31 2026-05-15
SYK
STRYKER CORPORA...
Healthcare 2.55% #12
Prev: #—
4.5 233,119
NEW
233,119 $76,600,572 2026 Q1 13F Filing 2026-03-31 2026-05-15
ISRG
INTUITIVE SURGI...
Healthcare 2.45% 1.93% #13 3
Prev: #16
3.5 48,100 43.3%
P
S
159,105 $73,345,814 2021 Q2 13F Filing 2026-03-31 2026-05-15
IR
INGERSOLL RAND ...
Industrials 2.43% 2.39% #14 3
Prev: #11
1.5 -74,610 -7.6%
P
S
907,881 $72,739,426 2025 Q2 13F Filing 2026-03-31 2026-05-15
ARM
ARM HOLDINGS PL...
Technology 2.36% 1.38% #15 15
Prev: #30
2.9 55,555 13.5%
P
S
467,303 $70,693,598 2024 Q2 13F Filing 2026-03-31 2026-05-15
WDAY
WORKDAY INC
Technology 2.31% 3.22% #16 9
Prev: #7
2.9 43,566 8.9%
P
S
532,142 $69,135,889 2021 Q2 13F Filing 2026-03-31 2026-05-15
TYL
TYLER TECHNOLOG...
Technology 2.27% 0.45% #17 38
Prev: #55
3.9 165,844 508.4%
P
S
198,464 $67,950,104 2021 Q2 13F Filing 2026-03-31 2026-05-15
URI
UNITED RENTALS ...
Industrials 2.24% 2.24% #18 4
Prev: #14
1.4 2,167 2.4%
P
S
92,312 $67,254,831 2022 Q4 13F Filing 2026-03-31 2026-05-15
SHOP
SHOPIFY INC
Technology 2.18% 1.87% #19 2
Prev: #17
3.4 171,061 45.1%
P
S
550,389 $65,287,143 2021 Q2 13F Filing 2026-03-31 2026-05-15
KLAC
KLA CORP
Technology 2.12% 1.74% #20
Prev: #20
1.3 -3,640 -7.8%
P
S
43,175 $63,571,302 2021 Q2 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
Technology 2.00% 1.68% #21 2
Prev: #23
2.8 50,121 17.0%
P
S
344,238 $60,035,107 2021 Q2 13F Filing 2026-03-31 2026-05-15
PWR
QUANTA SVCS INC
Industrials 1.78% 1.34% #22 10
Prev: #32
1.2 -5,851 -5.7%
P
S
97,407 $53,478,391 2025 Q2 13F Filing 2026-03-31 2026-05-15
UBER
UBER TECHNOLOGI...
Technology 1.78% 1.82% #23 4
Prev: #19
1.2 19,158 2.6%
P
S
743,412 $53,473,625 2023 Q4 13F Filing 2026-03-31 2026-05-15
LSCC
LATTICE SEMICON...
Technology 1.75% 1.24% #24 9
Prev: #33
1.2 12,716 2.3%
P
S
564,039 $52,320,258 2022 Q2 13F Filing 2026-03-31 2026-05-15
MELI
MERCADOLIBRE I...
Consumer Cyclical 1.72% 1.44% #25 2
Prev: #27
3.2 6,515 28.0%
P
S
29,754 $51,445,261 2021 Q2 13F Filing 2026-03-31 2026-05-15
SNOW
SNOWFLAKE INC
Technology 1.67% 1.67% #26 2
Prev: #24
3.2 83,325 33.5%
P
S
331,784 $50,039,663 2024 Q4 13F Filing 2026-03-31 2026-05-15
AAPL
APPLE INC
Technology 1.56% 1.74% #27 6
Prev: #21
1.1 -24,396 -11.7%
P
S
184,538 $46,833,899 2021 Q2 13F Filing 2026-03-31 2026-05-15
MRVL
MARVELL TECHNOL...
Technology 1.53% 1.10% #28 11
Prev: #39
2.6 42,911 10.2%
P
S
463,268 $45,886,695 2025 Q1 13F Filing 2026-03-31 2026-05-15
NU
NU HLDGS LTD
Financial Services 1.51% 1.57% #29 4
Prev: #25
1.1 74,097 2.4%
P
S
3,140,490 $45,128,841 2023 Q3 13F Filing 2026-03-31 2026-05-15
HEI
HEICO CORP NEW
Industrials 1.49% 1.13% #30 7
Prev: #37
3.1 48,896 43.1%
P
S
162,462 $44,547,080 2024 Q2 13F Filing 2026-03-31 2026-05-15
HEI/A
HEICO CORP NEW
Industrials 1.44% 1.55% #31 5
Prev: #26
1.1 4,307 2.2%
P
S
203,943 $43,050,328 2024 Q2 13F Filing 2026-03-31 2026-05-15
TOST
TOAST INC
Technology 1.30% 1.41% #32 4
Prev: #28
2.5 178,995 13.8%
P
S
1,475,513 $39,115,850 2022 Q3 13F Filing 2026-03-31 2026-05-15
SNPS
SYNOPSYS INC
Technology 1.29% 1.38% #33 2
Prev: #31
1.0 1,933 2.0%
P
S
97,464 $38,642,527 2025 Q3 13F Filing 2026-03-31 2026-05-15
DASH
DOORDASH INC
Consumer Cyclical 1.19% 0.98% #34 8
Prev: #42
3.5 97,060 68.8%
P
S
238,051 $35,743,358 2023 Q1 13F Filing 2026-03-31 2026-05-15
AXON
AXON ENTERPRISE...
Industrials 1.05% 0.95% #35 8
Prev: #43
2.9 19,332 35.3%
P
S
74,069 $31,456,364 2023 Q2 13F Filing 2026-03-31 2026-05-15
SAIL
SAILPOINT INC
Technology 1.02% 1.22% #36 2
Prev: #34
2.4 349,426 17.8%
P
S
2,309,076 $30,572,166 2021 Q2 13F Filing 2026-03-31 2026-05-15
GLBE
GLOBAL E ONLINE...
Consumer Cyclical 1.01% 1.16% #37 1
Prev: #36
0.9 20,757 2.2%
P
S
979,308 $30,211,652 2024 Q1 13F Filing 2026-03-31 2026-05-15
MPWR
MONOLITHIC PWR ...
Technology 0.97% 0.73% #38 10
Prev: #48
0.9 470 1.8%
P
S
26,679 $29,169,485 2025 Q3 13F Filing 2026-03-31 2026-05-15
CSGP
COSTAR GROUP IN...
Real Estate 0.95% 0.91% #39 5
Prev: #44
3.4 268,064 60.7%
P
S
709,426 $28,618,245 2021 Q4 13F Filing 2026-03-31 2026-05-15
NET
CLOUDFLARE INC
Technology 0.94% 0.64% #40 11
Prev: #51
2.9 30,566 28.7%
P
S
137,103 $28,289,833 2021 Q2 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
Technology 0.93% 1.10% #41 3
Prev: #38
0.9 1,500 2.0%
P
S
75,548 $27,965,603 2021 Q2 13F Filing 2026-03-31 2026-05-15
FROG
JFROG LTD
Technology 0.85% 0.45% #42 14
Prev: #56
3.3 304,362 128.8%
P
S
540,609 $25,370,780 2025 Q4 13F Filing 2026-03-31 2026-05-15
TEAM
ATLASSIAN CORPO...
Technology 0.83% 1.41% #43 14
Prev: #29
2.8 82,695 29.2%
P
S
366,298 $24,999,839 2024 Q4 13F Filing 2026-03-31 2026-05-15
Z
ZILLOW GROUP IN...
Communication Services 0.81% 0.81% #44 2
Prev: #46
3.3 198,150 51.2%
P
S
584,883 $24,202,459 2021 Q2 13F Filing 2026-03-31 2026-05-15
RGEN
REPLIGEN CORP
Healthcare 0.80% 1.00% #45 4
Prev: #41
0.8 4,422 2.2%
P
S
203,225 $23,943,970 2023 Q2 13F Filing 2026-03-31 2026-05-15
PEN
PENUMBRA INC
Healthcare 0.76% 1.04% #46 6
Prev: #40
0.3 -39,600 -36.5%
P
S
68,986 $22,652,933 2024 Q3 13F Filing 2026-03-31 2026-05-15
ADI
ANALOG DEVICES ...
Technology 0.75% 0.57% #47 6
Prev: #53
0.8 1,396 2.0%
P
S
70,275 $22,357,289 2025 Q3 13F Filing 2026-03-31 2026-05-15
AFRM
AFFIRM HLDGS IN...
Financial Services 0.56% 0.82% #48 3
Prev: #45
0.7 6,288 1.7%
P
S
366,379 $16,787,486 2021 Q2 13F Filing 2026-03-31 2026-05-15
AMT
AMERICAN TOWER ...
Real Estate 0.53% 3.35% #49 44
Prev: #5
0.2 -529,738 -85.2%
P
S
91,839 $15,849,575 2024 Q3 13F Filing 2026-03-31 2026-05-15
COIN
COINBASE GLOBAL...
Financial Services 0.51% 0.59% #50 2
Prev: #52
0.7 1,692 2.0%
P
S
86,743 $15,146,195 2024 Q4 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 66 holdings

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