AI Portfolio Summary
In 2025 Q4, NZS Capital, LLC maintained a portfolio of 66 distinct positions. The most significant new addition to the portfolio was GALLAGHER ARTHUR J &, which now represents 1.82% of the total fund value. They heavily accumulated shares in DANAHER CORPORATION, increasing their position by 28.5%. Conversely, NZS Capital, LLC completely exited their position in FISERV INC.
Total Positions
66
Quarter
2025 Q4
Top Holding
GOOG (7.8%)
Top 10 Concentration
39.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 66
| 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 | 7.85% | 6.65% |
#1
Prev: #1
|
3.2 | -75,904 | -8.5% |
P
S
|
815,373 | $255,864,047 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CDNS
CADENCE DESIGN ...
|
Technology | 4.50% | 5.52% |
#2
Prev: #2
|
1.8 | -42,887 | -8.4% |
P
S
|
469,857 | $146,867,901 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DHR
DANAHER CORPORA...
|
Healthcare | 4.43% | 2.98% |
#3
5
Prev: #8
|
3.9 | 139,871 | 28.5% |
P
S
|
630,666 | $144,372,061 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LRCX
LAM RESEARCH CO...
|
Technology | 3.88% | 4.39% |
#4
1
Prev: #3
|
1.6 | -331,513 | -30.9% |
P
S
|
739,673 | $126,617,224 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMT
AMERICAN TOWER ...
|
Real Estate | 3.35% | 2.59% |
#5
8
Prev: #13
|
3.5 | 181,364 | 41.2% |
P
S
|
621,577 | $109,130,274 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PGR
PROGRESSIVE COR...
|
Financial Services | 3.27% | 3.79% |
#6
2
Prev: #4
|
1.3 | -32,232 | -6.4% |
P
S
|
468,365 | $106,656,078 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WDAY
WORKDAY INC
|
Technology | 3.22% | 2.99% |
#7
Prev: #7
|
3.3 | 83,062 | 20.5% |
P
S
|
488,576 | $104,936,353 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LIN
LINDE PLC
|
Basic Materials | 3.20% | 2.79% |
#8
3
Prev: #11
|
3.4 | 52,596 | 27.4% |
P
S
|
244,345 | $104,186,265 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROP
ROPER TECHNOLOG...
|
Technology | 3.09% | 3.34% |
#9
3
Prev: #6
|
3.2 | 7,433 | 3.4% |
P
S
|
226,315 | $100,739,596 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TXN
TEXAS INSTRS IN...
|
Technology | 2.78% | 2.81% |
#10
Prev: #10
|
3.1 | 23,097 | 4.6% |
P
S
|
522,259 | $90,606,714 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IR
INGERSOLL RAND ...
|
Industrials | 2.39% | 2.26% |
#11
3
Prev: #14
|
3.0 | 89,110 | 10.0% |
P
S
|
982,491 | $77,832,937 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IT
GARTNER INC
|
Technology | 2.33% | 2.08% |
#12
4
Prev: #16
|
3.0 | 43,246 | 16.8% |
P
S
|
301,284 | $76,007,928 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TT
TRANE TECHNOLOG...
|
Industrials | 2.30% | 1.68% |
#13
7
Prev: #20
|
3.1 | 62,652 | 48.1% |
P
S
|
192,774 | $75,027,641 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
URI
UNITED RENTALS ...
|
Industrials | 2.24% | 2.79% |
#14
2
Prev: #12
|
0.9 | -5,173 | -5.4% |
P
S
|
90,145 | $72,956,151 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
APH
AMPHENOL CORP N...
|
Technology | 2.01% | 3.34% |
#15
10
Prev: #5
|
0.9 | -396,200 | -44.9% |
P
S
|
485,926 | $65,668,040 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ISRG
INTUITIVE SURGI...
|
Healthcare | 1.93% | 1.51% |
#16
10
Prev: #26
|
2.8 | 991 | 0.9% |
P
S
|
111,005 | $62,868,792 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SHOP
SHOPIFY INC
|
Technology | 1.87% | 2.87% |
#17
8
Prev: #9
|
0.9 | -252,069 | -39.9% |
P
S
|
379,328 | $61,060,428 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AJG
GALLAGHER ARTHU...
|
Financial Services | 1.82% | — |
#18
Prev: #—
|
2.7 | 229,704 | no change |
NEW
|
229,704 | $59,445,098 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UBER
UBER TECHNOLOGI...
|
Technology | 1.82% | 1.49% |
#19
9
Prev: #28
|
2.9 | 228,487 | 46.1% |
P
S
|
724,254 | $59,178,794 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KLAC
KLA CORP
|
Technology | 1.74% | 1.57% |
#20
2
Prev: #22
|
0.7 | -696 | -1.5% |
P
S
|
46,815 | $56,883,970 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AAPL
APPLE INC
|
Technology | 1.74% | 1.26% |
#21
12
Prev: #33
|
2.8 | 47,683 | 29.6% |
P
S
|
208,934 | $56,800,797 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PCOR
PROCORE TECHNOL...
|
Technology | 1.72% | 1.68% |
#22
1
Prev: #21
|
2.7 | 22,389 | 3.0% |
P
S
|
773,108 | $56,235,876 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 1.68% | 1.92% |
#23
5
Prev: #18
|
0.7 | -42,393 | -12.6% |
P
S
|
294,117 | $54,852,821 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SNOW
SNOWFLAKE INC
|
Technology | 1.67% | 1.71% |
#24
5
Prev: #19
|
2.7 | 1,402 | 0.6% |
P
S
|
248,459 | $54,501,966 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NU
NU HLDGS LTD
|
Financial Services | 1.57% | 1.49% |
#25
2
Prev: #27
|
2.6 | 28,267 | 0.9% |
P
S
|
3,066,393 | $51,331,419 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FI
FISERV INC
|
Unknown | 0.00% | 2.15% |
Sold All 😨
(Was: #15) |
0.3 | -544,102 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CMG
CHIPOTLE MEXICA...
|
Consumer Cyclical | 0.00% | 0.79% |
Sold All 😨
(Was: #46) |
0.3 | -660,172 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRM
SALESFORCE INC
|
Technology | 0.00% | 0.59% |
Sold All 😨
(Was: #55) |
0.3 | -80,846 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 0.00% | 0.22% |
Sold All 😨
(Was: #59) |
0.3 | -6,107 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 66 holdings