NZS Capital, LLC — 13F Holdings

2026 Q2  ·  65 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, NZS Capital, LLC maintained a portfolio of 65 distinct positions. The most significant new addition was ON SEMICONDUCTOR CORP, now representing 0.82% of the total fund value. They heavily accumulated shares in NVIDIA CORPORATION, increasing the position by 135.6%. The fund also reduced its exposure to LINDE PLC by 20.9%.
Position History hover any row below to update
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NZS Capital, LLC Boulder, CO Asset Manager / Hedge Fund AUM $3,855M
PCA Score Concentration Risk
Risk ENB
Total Positions
65
Quarter
2026 Q2
Top Holding
GOOG (7.7%)
Top 10 Concentration
42.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 65

NZS Capital, LLC Full Holdings List — 2026 Q2

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
GOOG
ALPHABET INC
Communication Services 7.71% 7.28% #1
Prev: #1
7.1
80,386 10.6%
P
S
841,068 $297,174,556 2021 Q2 13F Filing 2026-06-30 2026-08-14
LRCX
LAM RESEARCH CO...
Technology 6.01% 4.09% #2 1
Prev: #3
4.4
-38,857 -6.8%
P
S
535,030 $231,844,550 2021 Q2 13F Filing 2026-06-30 2026-08-14
CDNS
CADENCE DESIGN ...
Technology 4.91% 4.89% #3 1
Prev: #2
3.5
-22,641 -4.3%
P
S
504,782 $189,454,780 2021 Q2 13F Filing 2026-06-30 2026-08-14
APH
AMPHENOL CORP
Technology 4.68% 3.20% #4 4
Prev: #8
4.9
265,355 35.0%
P
S
1,024,330 $180,609,866 2021 Q2 13F Filing 2026-06-30 2026-08-14
NVDA
NVIDIA CORPORAT...
Technology 4.21% 2.00% #5 16
Prev: #21
5.2
466,793 135.6%
P
S
811,031 $162,279,193 2021 Q2 13F Filing 2026-06-30 2026-08-14
TXN
TEXAS INSTRS IN...
Technology 3.83% 3.46% #6
Prev: #6
2.0
-38,441 -7.2%
P
S
495,364 $147,653,147 2021 Q2 13F Filing 2026-06-30 2026-08-14
KLAC
KLA CORP
Technology 3.10% 2.12% #7 13
Prev: #20
4.2
352,471 816.4%
P
S
395,646 $119,370,355 2021 Q2 13F Filing 2026-06-30 2026-08-14
ROP
ROPER TECHNOLOG...
Technology 2.80% 3.41% #8 1
Prev: #7
3.1
29,792 10.3%
P
S
319,087 $107,975,850 2024 Q2 13F Filing 2026-06-30 2026-08-14
PGR
PROGRESSIVE COR...
Financial Services 2.74% 3.17% #9
Prev: #9
1.6
4,662 1.0%
P
S
484,418 $105,821,112 2022 Q4 13F Filing 2026-06-30 2026-08-14
TT
TRANE TECHNOLOG...
Industrials 2.54% 2.74% #10
Prev: #10
1.5
1,866 0.9%
P
S
199,063 $97,771,783 2021 Q3 13F Filing 2026-06-30 2026-08-14
URI
UNITED RENTALS ...
Industrials 2.53% 2.24% #11 7
Prev: #18
1.5
-6,373 -6.9%
P
S
85,939 $97,359,434 2022 Q4 13F Filing 2026-06-30 2026-08-14
LIN
LINDE PLC
Basic Materials 2.45% 3.81% #12 8
Prev: #4
1.0
-48,041 -20.9%
P
S
182,134 $94,516,618 2022 Q3 13F Filing 2026-06-30 2026-08-14
DHR
DANAHER CORP DE...
Healthcare 2.36% 3.53% #13 8
Prev: #5
1.4
-80,903 -14.5%
P
S
477,506 $90,955,343 2022 Q2 13F Filing 2026-06-30 2026-08-14
AJG
GALLAGHER ARTHU...
Financial Services 2.32% 2.67% #14 3
Prev: #11
2.9
20,648 5.6%
P
S
389,613 $89,443,456 2025 Q4 13F Filing 2026-06-30 2026-08-14
ISRG
INTUITIVE SURGI...
Healthcare 2.25% 2.45% #15 2
Prev: #13
3.4
59,133 37.2%
P
S
218,238 $86,788,888 2021 Q2 13F Filing 2026-06-30 2026-08-14
PWR
QUANTA SVCS INC
Industrials 2.24% 1.78% #16 6
Prev: #22
3.4
22,339 22.9%
P
S
119,746 $86,221,910 2025 Q2 13F Filing 2026-06-30 2026-08-14
SYK
STRYKER CORPORA...
Healthcare 2.11% 2.55% #17 5
Prev: #12
2.8
25,512 10.9%
P
S
258,631 $81,427,384 2026 Q1 13F Filing 2026-06-30 2026-08-14
ARM
ARM HOLDINGS PL...
Technology 2.11% 2.36% #18 3
Prev: #15
0.8
-237,925 -50.9%
P
S
229,378 $81,330,557 2024 Q2 13F Filing 2026-06-30 2026-08-14
SHOP
SHOPIFY INC
Technology 2.08% 2.18% #19
Prev: #19
3.3
153,364 27.9%
P
S
703,753 $80,354,518 2021 Q2 13F Filing 2026-06-30 2026-08-14
SNOW
SNOWFLAKE INC
Technology 1.97% 1.67% #20 6
Prev: #26
1.3
-32,723 -9.9%
P
S
299,061 $76,111,025 2024 Q4 13F Filing 2026-06-30 2026-08-14
MRVL
MARVELL TECHNOL...
Technology 1.89% 1.53% #21 7
Prev: #28
0.8
-218,836 -47.2%
P
S
244,432 $72,813,848 2025 Q1 13F Filing 2026-06-30 2026-08-14
DASH
DOORDASH INC
Consumer Cyclical 1.74% 1.19% #22 12
Prev: #34
3.7
126,027 52.9%
P
S
364,078 $67,183,313 2023 Q1 13F Filing 2026-06-30 2026-08-14
IR
INGERSOLL RAND ...
Industrials 1.68% 2.43% #23 9
Prev: #14
1.2
-116,522 -12.8%
P
S
791,359 $64,883,524 2025 Q2 13F Filing 2026-06-30 2026-08-14
AXON
AXON ENTERPRISE...
Industrials 1.66% 1.05% #24 11
Prev: #35
3.7
40,317 54.4%
P
S
114,386 $64,125,935 2023 Q2 13F Filing 2026-06-30 2026-08-14
WDAY
WORKDAY INC
Technology 1.58% 2.31% #25 9
Prev: #16
1.1
-34,266 -6.4%
P
S
497,876 $60,949,980 2021 Q2 13F Filing 2026-06-30 2026-08-14
MELI
MERCADOLIBRE I...
Consumer Cyclical 1.52% 1.72% #26 1
Prev: #25
2.6
4,715 15.8%
P
S
34,469 $58,507,336 2021 Q2 13F Filing 2026-06-30 2026-08-14
LSCC
LATTICE SEMICON...
Technology 1.42% 1.75% #27 3
Prev: #24
0.6
-206,519 -36.6%
P
S
357,520 $54,686,259 2022 Q2 13F Filing 2026-06-30 2026-08-14
HEI
HEICO CORP NEW
Industrials 1.41% 1.49% #28 2
Prev: #30
1.1
-9,439 -5.8%
P
S
153,023 $54,505,262 2024 Q2 13F Filing 2026-06-30 2026-08-14
HEI/A
HEICO CORP NEW
Industrials 1.38% 1.44% #29 2
Prev: #31
1.1
1,985 1.0%
P
S
205,928 $53,110,890 2024 Q2 13F Filing 2026-06-30 2026-08-14
AAPL
APPLE INC
Technology 1.27% 1.56% #30 3
Prev: #27
1.0
-15,634 -8.5%
P
S
168,904 $48,874,061 2021 Q2 13F Filing 2026-06-30 2026-08-14
TYL
TYLER TECHNOLOG...
Technology 1.24% 2.27% #31 14
Prev: #17
1.0
-35,250 -17.8%
P
S
163,214 $47,733,566 2021 Q2 13F Filing 2026-06-30 2026-08-14
TOST
TOAST INC
Technology 1.16% 1.30% #32
Prev: #32
2.5
134,818 9.1%
P
S
1,610,331 $44,799,408 2022 Q3 13F Filing 2026-06-30 2026-08-14
GLBE
GLOBAL E ONLINE...
Consumer Cyclical 1.03% 1.01% #33 4
Prev: #37
2.4
167,200 17.1%
P
S
1,146,508 $39,818,223 2024 Q1 13F Filing 2026-06-30 2026-08-14
FROG
JFROG LTD
Technology 1.02% 0.85% #34 8
Prev: #42
0.9
-107,108 -19.8%
P
S
433,501 $39,396,571 2025 Q4 13F Filing 2026-06-30 2026-08-14
NU
NU HLDGS LTD
Financial Services 1.01% 1.51% #35 6
Prev: #29
0.9
-237,603 -7.6%
P
S
2,902,887 $38,782,570 2023 Q3 13F Filing 2026-06-30 2026-08-14
UBER
UBER TECHNOLOGI...
Technology 0.98% 1.78% #36 13
Prev: #23
0.4
-221,453 -29.8%
P
S
521,959 $37,664,561 2023 Q4 13F Filing 2026-06-30 2026-08-14
SAIL
SAILPOINT INC
Technology 0.96% 1.02% #37 1
Prev: #36
2.4
221,374 9.6%
P
S
2,530,450 $37,045,788 2021 Q2 13F Filing 2026-06-30 2026-08-14
CRWD
CROWDSTRIKE HLD...
Technology 0.94% 0.13% #38 18
Prev: #56
3.4
37,396 362.5%
P
S
47,712 $36,410,936 2021 Q3 13F Filing 2026-06-30 2026-08-14
MPWR
MONOLITHIC PWR ...
Technology 0.92% 0.97% #39 1
Prev: #38
0.9
-1,150 -4.3%
P
S
25,529 $35,290,268 2025 Q3 13F Filing 2026-06-30 2026-08-14
NET
CLOUDFLARE INC
Technology 0.87% 0.94% #40
Prev: #40
0.8
-520 -0.4%
P
S
136,583 $33,501,078 2021 Q2 13F Filing 2026-06-30 2026-08-14
ON
ON SEMICONDUCTO...
Technology 0.82% #41
Prev: #—
3.8
335,531
NEW
335,531 $31,721,101 2021 Q2 13F Filing 2026-06-30 2026-08-14
TEAM
ATLASSIAN CORPO...
Technology 0.82% 0.83% #42 1
Prev: #43
2.3
39,549 10.8%
P
S
405,847 $31,570,838 2024 Q4 13F Filing 2026-06-30 2026-08-14
RGEN
REPLIGEN CORP
Healthcare 0.73% 0.80% #43 2
Prev: #45
0.8
2,032 1.0%
P
S
205,257 $28,005,265 2023 Q2 13F Filing 2026-06-30 2026-08-14
DSGX
DESCARTES SYS G...
Technology 0.72% #44
Prev: #—
3.8
398,945
NEW
398,945 $27,622,952 2026 Q2 13F Filing 2026-06-30 2026-08-14
DDOG
DATADOG INC
Technology 0.60% #45
Prev: #—
3.7
89,200
NEW
89,200 $23,224,112 2026 Q2 13F Filing 2026-06-30 2026-08-14
ADI
ANALOG DEVICES ...
Technology 0.60% 0.75% #46 1
Prev: #47
0.7
-12,009 -17.1%
P
S
58,266 $23,141,507 2025 Q3 13F Filing 2026-06-30 2026-08-14
RDDT
REDDIT INC
Communication Services 0.57% 0.43% #47 4
Prev: #51
2.7
29,918 31.2%
P
S
125,938 $21,860,318 2025 Q1 13F Filing 2026-06-30 2026-08-14
LITE
LUMENTUM HLDGS ...
Technology 0.51% #48
Prev: #—
3.7
22,702
NEW
22,702 $19,479,678 2026 Q2 13F Filing 2026-06-30 2026-08-14
HTFL
HEARTFLOW INC
Healthcare 0.50% 0.24% #49 4
Prev: #53
3.2
365,881 126.1%
P
S
656,014 $19,247,451 2025 Q4 13F Filing 2026-06-30 2026-08-14
MSFT
MICROSOFT CORP
Technology 0.49% 0.93% #50 9
Prev: #41
0.2
-24,814 -32.8%
P
S
50,734 $18,924,797 2021 Q2 13F Filing 2026-06-30 2026-08-14
Showing 1-50 of 65 holdings

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