ZEVENBERGEN CAPITAL INVESTMENTS LLC

CIK

1276918

Location

EDMONDS, WA

Portfolio Value

Mid $3,218,494,100

Diversification

Diversified

Filing Date

Global Rank

#706 / 8,232 ▼ 56

Top Industry

Semiconductors 25.7%

3Y Alpha vs SPY

-2.4%

Period ended 2 months ago

Filed Apr 9, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+66.4%

SPY

+76.5%

Annualised alpha

-2.4%

Max drawdown

−30.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

104 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.7%

+0.4 pts

Top 5

29.8%

−3.8 pts

Top 10

48.6%

−3.4 pts

HHI

353

Diversified−27

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	54.7%	$1,760,582,950	40
Consumer Cyclical	15.9%	$513,307,223	15
Industrials	12.4%	$398,509,246	15
Communication Services	10.2%	$329,491,851	9
Healthcare	5.0%	$162,404,464	12
Financial Services	1.2%	$39,089,227	7
Consumer Defensive	0.3%	$8,218,554	1
Basic Materials	0.1%	$3,376,878	2
Unclassified	0.1%	$2,346,392	2
Utilities	0.0%	$1,167,315	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CRDO	Credo Technology Group Holding Ltd	+207,714	402,961	$37,825,949
MIR	Mirion Technologies, Inc.	+105,000	326,300	$6,065,917
KRMN	Karman Holdings Inc.	+86,784	626,384	$50,142,039
CAI	Caris Life Sciences, Inc.	+67,048	610,233	$10,910,966
NXPI	NXP Semiconductors N.V.	+46,700	73,100	$14,390,466
PODD	Insulet Corp	+26,324	139,407	$29,253,164
CDNS	Cadence Design Systems Inc	+24,940	65,000	$18,061,550
V	Visa Inc.	+23,145	66,308	$20,040,929
APPF	Appfolio Inc	+14,500	38,300	$6,044,506
AMD	Advanced Micro Devices Inc	+9,235	559,718	$113,863,432
AMAT	Applied Materials Inc /De	+8,800	78,800	$26,933,052
ANET	Arista Networks, Inc.	+8,500	253,900	$31,173,842
APP	AppLovin Corp	+7,039	85,199	$33,909,202
TMDX	TransMedics Group, Inc.	+6,343	286,521	$28,483,052
TTAN	ServiceTitan, Inc.	+5,600	45,800	$2,906,468
NEE	Nextera Energy Inc	+3,460	12,568	$1,167,315
MDB	MongoDB, Inc.	+3,200	33,200	$8,126,364
XMTR	Xometry, Inc.	+1,700	7,700	$314,468
ARM	Arm Holdings PLC /Uk	+1,410	57,100	$8,638,088
DGX	Quest Diagnostics Inc	+655	11,075	$2,170,478
DE	Deere & Co	+605	4,390	$2,472,887
MPWR	Monolithic Power Systems Inc	+533	81,911	$89,557,391
PCAR	Paccar Inc	+425	29,031	$3,353,080
ABT	Abbott Laboratories	+415	21,779	$2,236,049
SBUX	Starbucks Corp	+360	10,512	$941,770
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TTD	Trade Desk, Inc.	−1,200,230	20,235	$459,132
NVDA	Nvidia Corp	−380,047	1,976,199	$344,649,105
SHOP	Shopify Inc.	−365,561	1,309,176	$155,294,457
NOW	ServiceNow, Inc.	−254,871	356,014	$37,221,263
AMZN	Amazon Com Inc	−212,128	633,290	$131,895,307
UBER	Uber Technologies, Inc	−198,226	781,151	$56,188,191
PANW	Palo Alto Networks Inc	−194,298	94,930	$15,219,177
NFLX	Netflix Inc	−164,955	608,320	$58,489,967
TSLA	Tesla, Inc.	−156,920	537,194	$199,701,869
IOT	Samsara Inc.	−139,508	724,043	$22,944,922
ARES	Ares Management Corp	−110,238	2,193	$239,256
META	Meta Platforms, Inc.	−107,271	225,013	$128,736,687
TOST	Toast, Inc.	−80,415	1,774,581	$47,044,142
ONON	On Holding AG	−79,539	403,109	$13,713,767
MU	Micron Technology Inc	−74,900	191,950	$64,848,388
DKNG	DraftKings Inc.	−73,750	116,540	$2,519,594
RIVN	Rivian Automotive, Inc. / DE	−73,325	103,880	$1,563,394
RKLB	Rocket Lab Corp	−65,800	1,024,998	$65,825,371
ORCL	Oracle Corp	−62,685	95,020	$13,978,392
NTRA	Natera, Inc.	−62,092	261,479	$52,293,185
ARQT	Arcutis Biotherapeutics, Inc.	−60,545	357,490	$8,422,464
CRWD	CrowdStrike Holdings, Inc.	−56,025	147,088	$57,424,626
AXON	Axon Enterprise, Inc.	−50,455	288,211	$122,400,329
VRT	Vertiv Holdings Co	−46,613	299,962	$75,164,477
SYM	Symbotic Inc.	−41,300	47,450	$2,524,340
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	67,550	$22,828,522
LASR	Nlight, Inc.	285,560	$16,282,631
SN	SharkNinja, Inc.	118,710	$12,571,389
STX	Seagate Technology Holdings plc	18,500	$7,247,560
AMPX	Amprius Technologies, Inc.	236,875	$3,993,712
COHR	Coherent Corp.	14,800	$3,525,508
VMC	Vulcan Materials CO	6,315	$1,719,574
RBRK	Rubrik, Inc.	30,875	$1,511,948
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	302,777	$30,750,032
PINS	Pinterest, Inc.	370,905	$9,602,730
CRM	Salesforce, Inc.	17,400	$4,609,434
PAYX	Paychex Inc	21,173	$2,375,187
BBNX	Beta Bionics, Inc.	13,350	$406,774
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

104 positions · $3,218,494,100 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 104 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	1,976,199	-380,047	$344,649,105	−21.6%	10.71%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	537,194	-156,920	$199,701,869	−36.0%	6.20%
SHOP	Shopify Inc. Technology	Reduced	1,309,176	-365,561	$155,294,457	−42.4%	4.83%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	633,290	-212,128	$131,895,307	−32.4%	4.10%
META	Meta Platforms, Inc. Communication Services	Reduced	225,013	-107,271	$128,736,687	−41.3%	4.00%
AAPL	Apple Inc. Technology	Reduced	501,815	-102	$127,355,628	−6.7%	3.96%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	71,626	-19,914	$123,842,786	−32.8%	3.85%
AXON	Axon Enterprise, Inc. Industrials	Reduced	288,211	-50,455	$122,400,329	−36.4%	3.80%
MSFT	Microsoft Corp Technology	Added	314,420	+53	$116,388,851	−23.4%	3.62%
AMD	Advanced Micro Devices Inc Technology	Added	559,718	+9,235	$113,863,432	−3.4%	3.54%
AVGO	Broadcom Inc. Technology	Held	312,560	0	$96,740,445	−10.6%	3.01%
MPWR	Monolithic Power Systems Inc Technology	Added	81,911	+533	$89,557,391	+21.4%	2.78%
VRT	Vertiv Holdings Co Industrials	Reduced	299,962	-46,613	$75,164,477	+33.9%	2.34%
RKLB	Rocket Lab Corp Industrials	Reduced	1,024,998	-65,800	$65,825,371	−13.5%	2.05%
SNOW	Snowflake Inc. Technology	Reduced	433,142	-2,491	$65,326,476	−31.6%	2.03%
GOOGL	Alphabet Inc. Communication Services	Reduced	226,780	-24,857	$65,212,856	−17.2%	2.03%
MU	Micron Technology Inc Technology	Reduced	191,950	-74,900	$64,848,388	−14.9%	2.01%
NFLX	Netflix Inc Communication Services	Reduced	608,320	-164,955	$58,489,967	−19.3%	1.82%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	147,088	-56,025	$57,424,626	−39.7%	1.78%
UBER	Uber Technologies, Inc Technology	Reduced	781,151	-198,226	$56,188,191	−29.8%	1.75%
PWR	Quanta Services, Inc. Industrials	Reduced	100,176	-2,732	$54,998,627	+26.6%	1.71%
NTRA	Natera, Inc. Healthcare	Reduced	261,479	-62,092	$52,293,185	−29.5%	1.62%
KRMN	Karman Holdings Inc. Industrials	Added	626,384	+86,784	$50,142,039	+27.0%	1.56%
TOST	Toast, Inc. Technology	Reduced	1,774,581	-80,415	$47,044,142	−28.6%	1.46%
CRDO	Credo Technology Group Holding Ltd Technology	Added	402,961	+207,714	$37,825,949	+34.6%	1.18%
SPOT	Spotify Technology S.A. Communication Services	Reduced	77,421	-17,631	$37,542,216	−32.0%	1.17%
NOW	ServiceNow, Inc. Technology	Reduced	356,014	-254,871	$37,221,263	−60.2%	1.16%
APP	AppLovin Corp Communication Services	Added	85,199	+7,039	$33,909,202	−35.6%	1.05%
ANET	Arista Networks, Inc. Technology	Added	253,900	+8,500	$31,173,842	−3.1%	0.97%
PODD	Insulet Corp Healthcare	Added	139,407	+26,324	$29,253,164	−9.0%	0.91%
TMDX	TransMedics Group, Inc. Healthcare	Added	286,521	+6,343	$28,483,052	−16.4%	0.88%
AMAT	Applied Materials Inc /De Technology	Added	78,800	+8,800	$26,933,052	+49.7%	0.84%
IOT	Samsara Inc. Technology	Reduced	724,043	-139,508	$22,944,922	−25.0%	0.71%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	67,550	NEW	$22,828,522	NEW	0.71%
APH	Amphenol Corp /De/ Technology	Held	177,935	0	$22,482,087	−6.5%	0.70%
KLAC	Kla Corp Technology	Held	15,000	0	$22,086,150	+21.2%	0.69%
VEEV	Veeva Systems Inc Healthcare	Reduced	116,712	-32,942	$20,501,629	−38.6%	0.64%
V	Visa Inc. Financial Services	Added	66,308	+23,145	$20,040,929	+32.4%	0.62%
DDOG	Datadog, Inc. Technology	Reduced	163,995	-28,720	$19,359,609	−26.1%	0.60%
CDNS	Cadence Design Systems Inc Technology	Added	65,000	+24,940	$18,061,550	+44.2%	0.56%
ASML	Asml Holding NV Technology	Held	13,222	0	$17,464,014	+23.5%	0.54%
DELL	Dell Technologies Inc. Technology	Reduced	103,790	-8,080	$17,035,052	+21.0%	0.53%
LASR	Nlight, Inc. Technology	NEW	285,560	NEW	$16,282,631	NEW	0.51%
QCOM	Qualcomm Inc/De Technology	Reduced	125,512	-135	$16,163,435	−24.8%	0.50%
WING	Wingstop Inc. Consumer Cyclical	Reduced	99,865	-29,190	$15,476,079	−49.7%	0.48%
PANW	Palo Alto Networks Inc Technology	Reduced	94,930	-194,298	$15,219,177	−71.4%	0.47%
NXPI	NXP Semiconductors N.V. Technology	Added	73,100	+46,700	$14,390,466	+151.1%	0.45%
ORCL	Oracle Corp Technology	Reduced	95,020	-62,685	$13,978,392	−54.5%	0.43%
ONON	On Holding AG Consumer Cyclical	Reduced	403,109	-79,539	$13,713,767	−38.9%	0.43%
SN	SharkNinja, Inc. Consumer Cyclical	NEW	118,710	NEW	$12,571,389	NEW	0.39%