ZEVENBERGEN CAPITAL INVESTMENTS LLC

Registered adviser

CIK

1276918

Location

EDMONDS, WA

Portfolio Value

Mid $4,332,655,563

Diversification

Diversified

Reports for

VIRTUS CAPITAL ADVISERS, LLC Virtus Investment Advisers, LLC

Files via

Virtus Investment Advisers, LLC VIRTUS CAPITAL ADVISERS, LLC

Filing Date

Global Rank

#978 / 8,820 ▲ 55 · as of Jun 2026

Top Industry

Semiconductors 28.3%

Period ended 30 days ago

Filed Oct 8, 2026 · 22d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 128990

Roster of Oct 1, 2026

Regulatory AUM

$4,565,697,000

Main clients

Registered funds and BDCs (51% of AUM)

Registered funds advised

2 series (0 index, 0 ETFs)

$203,893,249 net assets· N-CEN Jun 30, 2026

LEI

254900XRKKJ62HLMNX66

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$4,565,697,000	Registered funds and BDCs (51%)
Apr 2025 to Mar 2026	$4,990,660,000	Diversified
Apr 2024 to Mar 2025	$4,411,874,000	Diversified
May 2023 to Mar 2024	$3,029,345,000	Diversified
Apr 2023	$3,029,345,000	Diversified
Apr 2022 to Mar 2023	$4,901,584,000	Diversified

3 earlier changes not shown.

Stated strategy

Fundamental active, Growth, Income Form ADV Part 2A, Sep 4, 2026 · original

In the firm's words

Fundamental active: ZCI uses fundamental, bottom-up analysis (i.e. a focus on company-specific information) when making investment decisions.
Growth: ZCI offers several aggressive growth equity strategies.
Income: designed to provide moderate capital appreciation and income generation with anticipated lower volatility than the aggressive growth equity strategies described above.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 46.7%, 30.8 effective positions, active share 47.3% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

16.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 18.3 quarters (12+), a floor since 41.0% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 47.3%; sector active share 41.6% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

114 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

9.3%

+1.0 pts

Top 5

30.7%

+0.7 pts

Top 10

48.8%

+2.2 pts

HHI

345

Diversified+20

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	60.8%	$2,632,881,076	43
Industrials	11.9%	$515,410,150	18
Consumer Cyclical	11.2%	$485,542,440	16
Communication Services	10.4%	$448,844,958	10
Healthcare	4.2%	$182,848,783	12
Financial Services	1.1%	$48,900,268	7
Consumer Defensive	0.2%	$8,805,593	2
Unclassified	0.1%	$4,216,498	3
Basic Materials	0.1%	$3,202,474	2
Utilities	0.0%	$2,003,323	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPCX	Space Exploration Technologies Corp	+418,352	516,016	$77,846,173
NAVN	Navan, Inc.	+371,038	387,738	$8,138,620
CRWD	CrowdStrike Holdings, Inc.	+339,134	478,239	$126,613,774
RKLB	Rocket Lab Corp	+207,157	1,212,160	$84,463,308
MSFT	Microsoft Corp	+204,714	517,109	$265,225,205
APH	Amphenol Corp	+176,165	352,195	$29,690,038
XMTR	Xometry, Inc.	+159,227	297,552	$30,603,223
MRVL	Marvell Technology, Inc.	+89,908	179,565	$47,442,867
CYATY	Contemporary Amperex Technology Co., Limited	+58,200	154,225	$2,364,269
COHR	Coherent Corp.	+20,524	100,301	$28,867,630
CRDO	Credo Technology Group Holding Ltd	+19,685	418,991	$81,615,256
IONQ	IonQ, Inc.	+18,605	218,605	$9,588,015
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+16,833	125,498	$57,250,932
FIX	Comfort Systems USA Inc	+16,101	30,515	$50,474,555
KLAC	Kla Corp	+14,090	164,090	$31,986,063
NXPI	NXP Semiconductors N.V.	+13,000	86,100	$20,451,333
MDB	MongoDB, Inc.	+8,900	42,100	$14,676,481
AMAT	Applied Materials Inc	+8,000	86,800	$44,387,784
CARL	Carlsmed, Inc.	+6,000	17,900	$251,853
SN	SharkNinja, Inc.	+5,557	145,282	$26,168,193
BE	Bloom Energy Corp	+2,800	34,390	$9,525,342
ARM	Arm Holdings PLC	+1,980	62,945	$18,232,648
WM	Waste Management Inc	+1,782	12,937	$2,638,113
NBIS	Nebius Group N.V.	+1,550	24,050	$5,672,914
NEE	Nextera Energy Inc	+1,377	26,450	$2,003,323
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	−474,810	106,535	$7,412,705
AMPX	Amprius Technologies, Inc.	−329,370	52,050	$503,844
LASR	Nlight, Inc.	−244,974	91,061	$3,546,370
UBER	Uber Technologies, Inc	−209,454	364,383	$24,963,879
KRMN	Karman Holdings Inc.	−159,829	714,745	$23,172,032
ONON	On Holding AG	−130,801	246,670	$7,303,898
SHOP	Shopify Inc.	−119,795	1,064,021	$157,794,314
IOT	Samsara Inc.	−97,976	734,237	$27,996,456
AXON	Axon Enterprise, Inc.	−84,275	217,876	$92,056,967
CAI	Caris Life Sciences, Inc.	−82,486	719,597	$22,041,255
APP	AppLovin Corp	−71,520	9,051	$2,628,681
AMD	Advanced Micro Devices Inc	−62,876	348,709	$213,326,217
TOST	Toast, Inc.	−53,290	1,938,736	$56,203,955
TMDX	TransMedics Group, Inc.	−41,109	267,282	$22,304,682
NVDA	Nvidia Corp	−40,152	1,765,724	$403,256,046
QCOM	Qualcomm Inc	−37,790	78,187	$14,389,535
MU	Micron Technology Inc	−29,465	144,500	$153,908,395
NTRA	Natera, Inc.	−27,105	227,444	$94,004,879
SPOT	Spotify Technology S.A.	−20,100	31,517	$15,360,755
RIVN	Rivian Automotive, Inc.	−17,895	78,385	$1,171,071
DELL	Dell Technologies Inc.	−15,160	89,030	$47,893,688
MELI	Mercadolibre Inc	−12,247	55,119	$95,274,845
TSLA	Tesla, Inc.	−12,137	521,985	$185,205,497
META	Meta Platforms, Inc.	−10,360	210,063	$152,333,485
ORCL	Oracle Corp	−7,475	57,890	$7,948,297
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
DASH	DoorDash, Inc.	18,389	$3,375,300
ABNB	Airbnb, Inc.	10,771	$1,730,361
U	Unity Software Inc.	32,602	$1,334,399
WMT	Walmart Inc.	12,000	$1,247,040
LIFE	Ethos Technologies Inc.	21,452	$720,143
FIG	Figma, Inc.	22,960	$482,619
CART	Maplebear Inc.	8,288	$357,378
DPC	DPC Holdings PLC	7,450	$314,837
LHX	L3harris Technologies, Inc.	1,188	$281,294
VZ	Verizon Communications Inc	5,126	$235,129
FEIM	Frequency Electronics Inc	2,630	$222,313
IMDX	Insight Molecular Diagnostics Inc.	22,000	$78,980
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
PODD	Insulet Corp	88,606	$13,490,263
TTAN	ServiceTitan, Inc.	121,875	$8,617,781
MIR	Mirion Technologies, Inc.	400,300	$7,177,379
WING	Wingstop Inc.	1,945	$337,282
TSCO	Tractor Supply Co	8,415	$265,998
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

114 tracked positions · $4,332,655,563 total · filing declares 189 positions · $4,371,336,102 · as of Sep 30, 2026

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

Showing 1–50 of 114 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	1,765,724	-40,152	$403,256,046	+11.6%	9.31%
MSFT	Microsoft Corp Technology	Added	517,109	+204,714	$265,225,205	+127.6%	6.12%
AMD	Advanced Micro Devices Inc Technology	Reduced	348,709	-62,876	$213,326,217	−10.8%	4.92%
GOOG	Alphabet Inc. Communication Services	Reduced	546,566	-30	$186,236,898	−3.6%	4.30%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	521,985	-12,137	$185,205,497	−17.6%	4.27%
AAPL	Apple Inc. Technology	Added	504,622	+451	$168,049,218	+15.2%	3.88%
SHOP	Shopify Inc. Technology	Reduced	1,064,021	-119,795	$157,794,314	+16.7%	3.64%
MU	Micron Technology Inc Technology	Reduced	144,500	-29,465	$153,908,395	−23.4%	3.55%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	617,565	-769	$153,866,319	+4.4%	3.55%
META	Meta Platforms, Inc. Communication Services	Reduced	210,063	-10,360	$152,333,485	+22.7%	3.52%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	478,239	+339,134	$126,613,774	+19.3%	2.92%
SNOW	Snowflake Inc. Technology	Reduced	361,516	-6,813	$122,756,372	+31.0%	2.83%
AVGO	Broadcom Inc. Technology	Reduced	319,000	-150	$112,029,610	−7.1%	2.59%
MPWR	Monolithic Power Systems, Inc. Technology	Reduced	74,736	-3,868	$100,685,833	−7.3%	2.32%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	55,119	-12,247	$95,274,845	−16.7%	2.20%
NTRA	Natera, Inc. Healthcare	Reduced	227,444	-27,105	$94,004,879	+36.0%	2.17%
AXON	Axon Enterprise, Inc. Industrials	Reduced	217,876	-84,275	$92,056,967	−45.7%	2.12%
RKLB	Rocket Lab Corp Industrials	Added	1,212,160	+207,157	$84,463,308	−17.3%	1.95%
CRDO	Credo Technology Group Holding Ltd Technology	Added	418,991	+19,685	$81,615,256	−24.8%	1.88%
SPCX	Space Exploration Technologies Corp Industrials	Added	516,016	+418,352	$77,846,173	+366.5%	1.80%
GOOGL	Alphabet Inc. Communication Services	Reduced	221,630	-1,572	$76,258,450	−4.4%	1.76%
VRT	Vertiv Holdings Co Industrials	Reduced	273,308	-6,684	$65,951,952	−29.6%	1.52%
PWR	Quanta Services, Inc. Industrials	Reduced	97,863	-1,728	$62,877,955	−12.3%	1.45%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	125,498	+16,833	$57,250,932	+10.3%	1.32%
TOST	Toast, Inc. Technology	Reduced	1,938,736	-53,290	$56,203,955	+1.4%	1.30%
ANET	Arista Networks, Inc. Technology	Added	254,095	+195	$51,731,201	+19.9%	1.19%
FIX	Comfort Systems USA Inc Industrials	Added	30,515	+16,101	$50,474,555	+76.7%	1.16%
DELL	Dell Technologies Inc. Technology	Reduced	89,030	-15,160	$47,893,688	+6.5%	1.11%
MRVL	Marvell Technology, Inc. Technology	Added	179,565	+89,908	$47,442,867	+77.6%	1.10%
AMAT	Applied Materials Inc Technology	Added	86,800	+8,000	$44,387,784	−22.1%	1.02%
DDOG	Datadog, Inc. Technology	Added	160,585	+485	$43,976,202	+5.5%	1.01%
PANW	Palo Alto Networks Inc Technology	Held	93,910	0	$37,311,382	+16.5%	0.86%
KLAC	Kla Corp Technology	Added	164,090	+14,090	$31,986,063	−29.3%	0.74%
VEEV	Veeva Systems Inc Healthcare	Reduced	109,731	-1,796	$31,322,713	+58.3%	0.72%
XMTR	Xometry, Inc. Industrials	Added	297,552	+159,227	$30,603,223	+129.2%	0.71%
APH	Amphenol Corp Technology	Added	352,195	+176,165	$29,690,038	−4.3%	0.69%
COHR	Coherent Corp. Technology	Added	100,301	+20,524	$28,867,630	−8.3%	0.67%
IOT	Samsara Inc. Technology	Reduced	734,237	-97,976	$27,996,456	+3.7%	0.65%
V	Visa Inc. Financial Services	Added	76,398	+50	$27,452,093	+4.8%	0.63%
SN	SharkNinja, Inc. Consumer Cyclical	Added	145,282	+5,557	$26,168,193	+23.0%	0.60%
UBER	Uber Technologies, Inc Technology	Reduced	364,383	-209,454	$24,963,879	−39.7%	0.58%
ASML	Asml Holding NV Technology	Held	13,222	0	$23,953,900	−8.9%	0.55%
KRMN	Karman Holdings Inc. Industrials	Reduced	714,745	-159,829	$23,172,032	−46.9%	0.53%
TMDX	TransMedics Group, Inc. Healthcare	Reduced	267,282	-41,109	$22,304,682	+8.9%	0.51%
CAI	Caris Life Sciences, Inc. Healthcare	Reduced	719,597	-82,486	$22,041,255	+54.2%	0.51%
CDNS	Cadence Design Systems Inc Technology	Held	65,000	0	$21,462,025	−12.0%	0.50%
NXPI	NXP Semiconductors N.V. Technology	Added	86,100	+13,000	$20,451,333	−0.4%	0.47%
STX	Seagate Technology Holdings plc Technology	Held	22,100	0	$20,383,714	−4.4%	0.47%
ARM	Arm Holdings PLC Technology	Added	62,945	+1,980	$18,232,648	−15.7%	0.42%
NOW	ServiceNow, Inc. Technology	Reduced	120,230	-135	$16,112,022	+34.8%	0.37%

Showing the top 50 of 114 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.