Sanders Capital, LLC

CIK

1508097

Location

West Palm Beach, FL

Portfolio Value

Large $74,941,521,186

Diversification

Diversified

Filing Date

Global Rank

#96 / 8,609 ▲ 4 · as of Mar 2026

Top Industry

Semiconductors 14.7%

3Y Alpha vs SPY

+6.8%

Period ended 4 months ago

Filed May 14, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+102.9%

SPY

+72.6%

Annualised alpha

+6.6%

Max drawdown

−18.1%

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

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

Top Position

12.7%

−0.6 pts

Top 5

41.9%

−1.4 pts

Top 10

60.8%

−1.7 pts

HHI

529

Diversified−29

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	39.0%	$29,235,002,945	8
Healthcare	15.9%	$11,944,331,096	7
Consumer Cyclical	11.5%	$8,614,798,227	5
Industrials	11.2%	$8,378,553,723	6
Financial Services	10.1%	$7,567,628,500	11
Communication Services	8.1%	$6,044,438,451	1
Unclassified	2.5%	$1,900,949,022	1
Consumer Defensive	1.7%	$1,255,819,222	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+14,918,245	29,818,675	$6,210,335,442
CI	Cigna Group	+2,489,293	10,290,382	$2,744,959,398
V	Visa Inc.	+1,546,350	4,861,653	$1,469,386,002
CRM	Salesforce, Inc.	+916,484	9,532,303	$1,779,395,001
SPY	Spdr S&P 500 ETF Trust	+872,370	2,923,008	$1,900,949,022
MA	Mastercard Inc	+811,841	2,360,429	$1,179,411,954
TCOM	Trip.com Group Ltd	+750,137	10,640,774	$529,804,137
ULTA	Ulta Beauty, Inc.	+644,403	1,908,139	$997,403,336
META	Meta Platforms, Inc.	+526,625	10,564,799	$6,044,438,451
MSFT	Microsoft Corp	+243,477	12,393,692	$4,587,772,967
ACN	Accenture plc	+234,191	11,197,806	$2,220,412,951
ELV	Elevance Health, Inc.	+143,438	5,894,303	$1,725,557,203
UAL	United Airlines Holdings, Inc.	+21,732	15,204,551	$1,399,883,010
RTX	RTX Corp	+11,407	9,407,278	$1,814,663,926
BKNG	Booking Holdings Inc.	+2,017	299,473	$50,435,086
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
STX	Seagate Technology Holdings plc	−4,283,691	12,897,201	$5,052,607,463
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−3,898,268	28,060,092	$9,482,908,091
AMAT	Applied Materials Inc /De	−2,660,789	6,175,172	$2,110,612,037
PEP	Pepsico Inc	−2,471,840	1,773,582	$275,419,548
HCA	HCA Healthcare, Inc.	−1,507,023	8,957,145	$4,238,879,299
JPM	Jpmorgan Chase & Co	−408,928	3,896,565	$1,146,213,560
DAL	Delta Air Lines, Inc.	−110,659	29,467,155	$1,958,976,464
BAC	Bank Of America Corp /De/	−103,869	45,167,159	$2,201,899,001
HSBC	Hsbc Holdings PLC	−80,440	2,807,030	$231,551,904
TFC	Truist Financial Corp	−64,800	2,037,822	$93,678,677
GD	General Dynamics Corp	−60,380	3,617,244	$1,241,510,485
AAPL	Apple Inc.	−40,614	10,869,641	$2,758,606,189
NOC	Northrop Grumman Corp /De/	−36,176	1,867,227	$1,273,896,948
UNH	Unitedhealth Group Inc	−32,457	5,964,685	$1,613,984,114
ABT	Abbott Laboratories	−30,380	1,121,205	$115,114,117
PG	PROCTER & GAMBLE Co	−24,198	6,751,488	$975,184,926
PDD	PDD Holdings Inc.	−20,526	8,091,801	$826,820,226
NWG	NatWest Group plc	−20,400	185,064	$2,757,453
CME	Cme Group Inc.	−16,325	4,161,190	$1,229,007,466
ABBV	AbbVie Inc.	−15,570	516,593	$112,353,811
ING	Ing Groep NV	−12,500	115,885	$3,018,804
UL	Unilever PLC	−6,800	91,535	$5,214,748
SHG	Shinhan Financial Group Co Ltd	−3,860	153,626	$9,420,346
LMT	Lockheed Martin Corp	−2,204	1,141,023	$689,622,890
SYF	Synchrony Financial	−970	18,867	$1,283,333
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	7,065,628	$1,393,483,154
NVDA	Nvidia Corp	7,125,506	$1,242,688,246
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
FISV	Fiserv Inc	2,292,304	$153,974,059
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

42 positions · $74,941,521,186 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	28,060,092	-3,898,268	$9,482,908,091	−2.4%	12.65%
AMZN	Amazon Com Inc Consumer Cyclical	Added	29,818,675	+14,918,245	$6,210,335,442	+80.6%	8.29%
META	Meta Platforms, Inc. Communication Services	Added	10,564,799	+526,625	$6,044,438,451	−8.8%	8.07%
STX	Seagate Technology Holdings plc Technology	Reduced	12,897,201	-4,283,691	$5,052,607,463	+6.8%	6.74%
MSFT	Microsoft Corp Technology	Added	12,393,692	+243,477	$4,587,772,967	−21.9%	6.12%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	8,957,145	-1,507,023	$4,238,879,299	−13.2%	5.66%
AAPL	Apple Inc. Technology	Reduced	10,869,641	-40,614	$2,758,606,189	−7.0%	3.68%
CI	Cigna Group Healthcare	Added	10,290,382	+2,489,293	$2,744,959,398	+27.8%	3.66%
ACN	Accenture plc Technology	Added	11,197,806	+234,191	$2,220,412,951	−24.5%	2.96%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	45,167,159	-103,869	$2,201,899,001	−11.6%	2.94%
AMAT	Applied Materials Inc /De Technology	Reduced	6,175,172	-2,660,789	$2,110,612,037	−7.1%	2.82%
DAL	Delta Air Lines, Inc. Industrials	Reduced	29,467,155	-110,659	$1,958,976,464	−4.6%	2.61%
SPY	Spdr S&P 500 ETF Trust	Added	2,923,008	+872,370	$1,900,949,022	+35.9%	2.54%
RTX	RTX Corp Industrials	Added	9,407,278	+11,407	$1,814,663,926	+5.3%	2.42%
CRM	Salesforce, Inc. Technology	Added	9,532,303	+916,484	$1,779,395,001	−22.0%	2.37%
ELV	Elevance Health, Inc. Healthcare	Added	5,894,303	+143,438	$1,725,557,203	−14.4%	2.30%
UNH	Unitedhealth Group Inc Healthcare	Reduced	5,964,685	-32,457	$1,613,984,114	−18.5%	2.15%
V	Visa Inc. Financial Services	Added	4,861,653	+1,546,350	$1,469,386,002	+26.4%	1.96%
UAL	United Airlines Holdings, Inc. Industrials	Added	15,204,551	+21,732	$1,399,883,010	−17.5%	1.87%
AZN	Astrazeneca PLC Healthcare	NEW	7,065,628	NEW	$1,393,483,154	NEW	1.86%
NOC	Northrop Grumman Corp /De/ Industrials	Reduced	1,867,227	-36,176	$1,273,896,948	+17.4%	1.70%
NVDA	Nvidia Corp Technology	NEW	7,125,506	NEW	$1,242,688,246	NEW	1.66%
GD	General Dynamics Corp Industrials	Reduced	3,617,244	-60,380	$1,241,510,485	+0.3%	1.66%
CME	Cme Group Inc. Financial Services	Reduced	4,161,190	-16,325	$1,229,007,466	+7.7%	1.64%
MA	Mastercard Inc Financial Services	Added	2,360,429	+811,841	$1,179,411,954	+33.4%	1.57%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	3,896,565	-408,928	$1,146,213,560	−17.4%	1.53%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Added	1,908,139	+644,403	$997,403,336	+30.5%	1.33%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	6,751,488	-24,198	$975,184,926	+0.4%	1.30%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	8,091,801	-20,526	$826,820,226	−10.1%	1.10%
LMT	Lockheed Martin Corp Industrials	Reduced	1,141,023	-2,204	$689,622,890	+24.7%	0.92%
TCOM	Trip.com Group Ltd Consumer Cyclical	Added	10,640,774	+750,137	$529,804,137	−25.5%	0.71%
PEP	Pepsico Inc Consumer Defensive	Reduced	1,773,582	-2,471,840	$275,419,548	−54.8%	0.37%
HSBC	Hsbc Holdings PLC Financial Services	Reduced	2,807,030	-80,440	$231,551,904	+1.9%	0.31%
ABT	Abbott Laboratories Healthcare	Reduced	1,121,205	-30,380	$115,114,117	−20.2%	0.15%
ABBV	AbbVie Inc. Healthcare	Reduced	516,593	-15,570	$112,353,811	−7.6%	0.15%
TFC	Truist Financial Corp Financial Services	Reduced	2,037,822	-64,800	$93,678,677	−9.5%	0.13%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	299,473	+2,017	$50,435,086	−20.8%	0.07%
SHG	Shinhan Financial Group Co Ltd Financial Services	Reduced	153,626	-3,860	$9,420,346	+11.5%	0.01%
UL	Unilever PLC Consumer Defensive	Reduced	91,535	-6,800	$5,214,748	−18.9%	0.01%
ING	Ing Groep NV Financial Services	Reduced	115,885	-12,500	$3,018,804	−16.0%	0.00%
NWG	NatWest Group plc Financial Services	Reduced	185,064	-20,400	$2,757,453	−23.3%	0.00%
SYF	Synchrony Financial Financial Services	Reduced	18,867	-970	$1,283,333	−22.5%	0.00%