ZEVENBERGEN CAPITAL INVESTMENTS LLC

CIK 1276918 · View on SEC EDGAR ↗

Portfolio value QoQ: -0.2% 13F does not disclose cash

Top 10 holdings weight46.65%

Top 25 holdings weight76.52%

Positions above 1%31

Effective number of positions30.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q3 2026: 7.47% Est. buys $410,530,365 · sells $326,745,800

Median holding: 6.0 quarters Tracked Q1 2025–Q3 2026 · 77.1% still held

New positions14

Increased42

Decreased48

Closed2

Portfolio value $4.4B #970 of 9,339 by 13F value · top 10.4%

Positions 118

As of Sept. 30, 2026

Sector breakdown

Technology 29.7%

Industrials 4.8%

Retail 3.6%

Healthcare 3.6%

Financials 1.4%

Communication Services 1.2%

Consumer Discretionary 0.2%

Materials 0.0%

Other/Unmapped 55.4%

Full portfolio 118 positions

Search positions by ticker or company name

					Streak
Unknown issuer (CUSIP: 67066g104)	$403,256,012	9.23%	1,765,724	$41,918,314	Down ×6
MSFT Microsoft Corporation - Common Stock	$265,225,418	6.07%	517,109	$148,695,899	Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock	$213,326,218	4.88%	348,709	$-25,767,624	Down ×2
Unknown issuer (CUSIP: 02079k107)	$186,236,899	4.26%	546,566	$-6,891,866	Down ×1
Unknown issuer (CUSIP: 88160r101)	$185,205,498	4.24%	521,985	$-39,446,215	Down ×6
AAPL Apple Inc. - Common Stock	$168,049,056	3.84%	504,622	$22,162,133	Up ×2
Unknown issuer (CUSIP: 82509l107)	$157,794,314	3.61%	1,064,021	$22,626,203	Down ×6
MU Micron Technology, Inc. - Common Stock	$153,908,395	3.52%	144,500	$-46,897,665	Down ×6
AMZN Amazon.com, Inc. - Common Stock	$153,866,320	3.52%	617,565	$6,492,594	Down ×6
Unknown issuer (CUSIP: 30303m102)	$152,333,487	3.48%	210,063	$28,171,415	Down ×6
Unknown issuer (CUSIP: 22788c105)	$126,613,776	2.90%	478,239	$20,457,186	Up ×1
SNOW Snowflake Inc. Common Stock	$122,756,373	2.81%	361,516	$29,016,642	Down ×3
Unknown issuer (CUSIP: 11135f101)	$112,029,610	2.56%	319,000	$-8,529,303	Down ×1
MPWR Monolithic Power Systems, Inc. - Common Stock	$100,685,834	2.30%	74,736	$-7,973,191	Down ×2
Unknown issuer (CUSIP: 58733r102)	$95,274,845	2.18%	55,119	$-19,071,530	Down ×6
NTRA Natera, Inc. - Common Stock	$94,004,880	2.15%	227,444	$24,907,554	Down ×6
Unknown issuer (CUSIP: 05464c101)	$92,056,968	2.11%	217,876	$-77,331,904	Down ×1
RKLB Rocket Lab Corporation - Common Stock	$84,463,309	1.93%	1,212,160	$-17,695,246	Up ×1
Unknown issuer (CUSIP: g25457105)	$81,615,257	1.87%	418,991	$-26,976,010	Up ×1
Unknown issuer (CUSIP: 84615q103)	$77,846,174	1.78%	516,016	$61,159,303	Up ×1
Unknown issuer (CUSIP: 02079k305)	$76,258,450	1.74%	221,630	$-3,507,249	Down ×3
Unknown issuer (CUSIP: 92537n108)	$65,951,954	1.51%	273,308	$-27,794,967	Down ×3
Unknown issuer (CUSIP: 74762e102)	$62,877,957	1.44%	97,863	$-8,831,547	Down ×5
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$57,250,933	1.31%	125,498	$5,355,788	Up ×2
TOST Toast, Inc. Class A Common Stock	$56,203,957	1.29%	1,938,736	$785,793	Down ×1
ANET Arista Networks, Inc. Common Stock	$51,731,201	1.18%	254,095	$8,598,669	Up ×1
FIX Comfort Systems USA, Inc. Common Stock	$50,474,557	1.15%	30,515	$21,906,730	Up ×1
Unknown issuer (CUSIP: 24703l202)	$47,893,689	1.10%	89,030	$2,939,872	Down ×1
MRVL Marvell Technology, Inc. - Common Stock	$47,442,869	1.09%	179,565	$20,734,945	Up ×1
AMAT Applied Materials, Inc. - Common Stock	$44,387,784	1.02%	86,800	$-12,584,616	Up ×1
Unknown issuer (CUSIP: 23804l103)	$43,976,202	1.01%	160,585	$2,292,566	Up ×1
PANW Palo Alto Networks, Inc. - Common Stock	$37,311,382	0.85%	93,910	$5,286,194
Unknown issuer (CUSIP: 808509756)	$36,707,630	0.84%	1,989,573	$-8,957,152	Down ×2
KLAC KLA Corporation - Common Stock	$31,986,064	0.73%	164,090	$-13,270,436	Up ×2
VEEV Veeva Systems Inc. Class A Common Stock	$31,322,714	0.72%	109,731	$11,530,017	Down ×6
Unknown issuer (CUSIP: 98423f109)	$30,603,223	0.70%	297,552	$17,252,094	Up ×3
APH Amphenol Corporation Common Stock	$29,690,039	0.68%	352,195	$-1,347,571	Up ×1
Unknown issuer (CUSIP: 19247g107)	$28,867,631	0.66%	100,301	$-2,602,002	Up ×2
Unknown issuer (CUSIP: 79589l106)	$27,996,457	0.64%	734,237	$1,007,789	Down ×1
Unknown issuer (CUSIP: 92826c839)	$27,452,093	0.63%	76,398	$1,257,858	Up ×6
Unknown issuer (CUSIP: g8068l108)	$26,168,194	0.60%	145,282	$4,892,268	Up ×2
Unknown issuer (CUSIP: 90353t100)	$24,963,879	0.57%	364,383	$-16,444,199	Down ×6
Unknown issuer (CUSIP: n07059210)	$23,953,901	0.55%	13,222	$-2,350,475
KRMN Karman Holdings Inc. Common Stock	$23,172,033	0.53%	714,745	$-20,486,701	Down ×1
Unknown issuer (CUSIP: 89377m109)	$22,304,683	0.51%	267,282	$1,821,353	Down ×1
CAI Caris Life Sciences, Inc. - Common Stock	$22,041,257	0.50%	719,597	$7,748,138	Down ×1
CDNS Cadence Design Systems, Inc. - Common Stock	$21,462,025	0.49%	65,000	$-2,933,775
Unknown issuer (CUSIP: n6596x109)	$20,451,333	0.47%	86,100	$-91,960	Up ×1
Unknown issuer (CUSIP: g7997r103)	$20,383,714	0.47%	22,100	$-942,786
ARM Arm Holdings plc - American Depositary Shares	$18,232,649	0.42%	62,945	$-3,383,711	Up ×3
Unknown issuer (CUSIP: 81762p102)	$16,112,022	0.37%	120,230	$4,162,185	Down ×3
Unknown issuer (CUSIP: l8681t102)	$15,360,755	0.35%	31,517	$-8,338,158	Down ×6
Unknown issuer (CUSIP: 60937p106)	$14,676,481	0.34%	42,100	$3,524,601	Up ×1
QCOM QUALCOMM Incorporated - Common Stock	$14,389,535	0.33%	78,187	$-7,041,855	Down ×3
Unknown issuer (CUSIP: 03783c100)	$11,489,796	0.26%	57,300	$2,301,741
Unknown issuer (CUSIP: 46625h100)	$9,681,078	0.22%	29,263	$311,911	Up ×1
Unknown issuer (CUSIP: 46222l108)	$9,588,015	0.22%	218,605	$-1,063,985	Up ×1
BE Bloom Energy Corporation Class A Common Stock	$9,525,342	0.22%	34,390	$-36,951	Up ×1
NAVN Navan, Inc. - Class A Common Stock	$8,138,621	0.19%	387,738	$7,756,692	Up ×1
Unknown issuer (CUSIP: 68389x105)	$7,948,297	0.18%	57,890	$-1,630,944	Down ×3
Unknown issuer (CUSIP: 22160k105)	$7,558,920	0.17%	8,303	$-114,825	Up ×1
Unknown issuer (CUSIP: 64110l106)	$7,412,705	0.17%	106,535	$-34,095,328	Down ×3
Unknown issuer (CUSIP: h5919c104)	$7,303,898	0.17%	246,670	$-6,066,125	Down ×4
Unknown issuer (CUSIP: n97284108)	$5,672,914	0.13%	24,050	$-540,911	Up ×1
Unknown issuer (CUSIP: 09290d101)	$5,343,306	0.12%	5,049	$794,166	Up ×6
AMGN Amgen Inc. - Common Stock	$4,409,744	0.10%	10,462	$792,527	Up ×1
CTAS Cintas Corporation - Common Stock	$4,037,742	0.09%	20,700	$598,724	Up ×1
Unknown issuer (CUSIP: 09857l108)	$3,900,065	0.09%	23,940	$-640,599	Down ×1
PGR Progressive Corporation (The) Common Stock	$3,596,829	0.08%	17,350	$-86,238	Up ×1
Unknown issuer (CUSIP: 65487k100)	$3,546,371	0.08%	91,061	$-19,848,386	Down ×1
RBRK Rubrik, Inc. Class A Common Stock	$3,505,644	0.08%	30,625	$1,016,964	Down ×1
Unknown issuer (CUSIP: 25809k105)	$3,375,301	0.08%	18,389		Up ×1
DE Deere & Company Common Stock	$3,233,513	0.07%	4,815	$401,230	Up ×3
PCAR PACCAR Inc. - Common Stock	$3,207,221	0.07%	29,207	$-325,148	Down ×1
HD Home Depot, Inc. (The) Common Stock	$3,125,694	0.07%	10,987	$-567,571	Up ×1
Unknown issuer (CUSIP: 78462f103)	$2,998,252	0.07%	3,931	$63,063
JNJ Johnson & Johnson Common Stock	$2,948,939	0.07%	11,139	$122,507	Up ×1
Unknown issuer (CUSIP: 74834l100)	$2,872,588	0.07%	12,325	$474,374	Up ×5
Unknown issuer (CUSIP: 94106l109)	$2,638,113	0.06%	12,937	$151,887	Up ×1
Unknown issuer (CUSIP: 03831w108)	$2,628,682	0.06%	9,051	$-38,883,914	Down ×2
CYATY CUSIP: 210919106	$2,364,269	0.05%	154,225	$207,547	Up ×1
Unknown issuer (CUSIP: 26142v105)	$2,199,060	0.05%	115,740	$-744,740	Down ×1
Unknown issuer (CUSIP: 75734b100)	$2,172,210	0.05%	15,250	$-473,149	Up ×1
Unknown issuer (CUSIP: 65339f101)	$2,003,323	0.05%	26,450	$-197,334	Up ×4
ABT Abbott Laboratories Common Stock	$1,882,613	0.04%	19,049	$152,746	Down ×2
Unknown issuer (CUSIP: 87151x101)	$1,857,811	0.04%	44,160	$-155,949	Down ×6
ECL Ecolab Inc. Common Stock	$1,819,093	0.04%	6,625	$77,780	Up ×6
ABNB Airbnb, Inc. - Class A Common Stock	$1,730,361	0.04%	10,771
Unknown issuer (CUSIP: 17275r102)	$1,711,855	0.04%	15,905	$-178,076	Down ×2
Unknown issuer (CUSIP: 09260d107)	$1,620,261	0.04%	14,455	$-124,785	Down ×5
VMC Vulcan Materials Company (Holding Company) Common Stock	$1,383,383	0.03%	5,655	$-277,523	Up ×1
Unknown issuer (CUSIP: 91332u101)	$1,334,400	0.03%	32,602		Up ×1
WMT Walmart Inc. - Common Stock	$1,247,040	0.03%	12,000		Up ×1
Unknown issuer (CUSIP: 76954a103)	$1,171,072	0.03%	78,385	$-499,386	Down ×5
Unknown issuer (CUSIP: 50077n102)	$1,084,155	0.02%	353,260	$-1,196,378	Down ×1
SBUX Starbucks Corporation - Common Stock	$980,191	0.02%	10,432	$-85,855
DSI iShares Trust	$888,044	0.02%	6,075	$23,025
Unknown issuer (CUSIP: 29765a101)	$720,144	0.02%	21,452		Up ×1
Unknown issuer (CUSIP: 92837q843)	$656,024	0.02%	4,553		Up ×1
DIS Walt Disney Company (The) Common Stock	$533,731	0.01%	5,088	$11,767	Down ×2
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
None	$30,603,223	0.70%	up ×3
None	$27,452,093	0.63%	up ×6
ARM	$18,232,649	0.42%	up ×3
None	$5,343,306	0.12%	up ×6
DE	$3,233,513	0.07%	up ×3
None	$2,872,588	0.07%	up ×5
None	$2,003,323	0.05%	up ×4
ECL	$1,819,093	0.04%	up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
Unknown issuer (CUSIP: 25809k105)	$3,375,301	18,389	0.08%
ABNB	$1,730,361	10,771	0.04%
Unknown issuer (CUSIP: 91332u101)	$1,334,400	32,602	0.03%
WMT	$1,247,040	12,000	0.03%
Unknown issuer (CUSIP: 29765a101)	$720,144	21,452	0.02%
Unknown issuer (CUSIP: 92837q843)	$656,024	4,553	0.02%
FIG	$482,619	22,960	0.01%
CART	$357,379	8,288	0.01%
Unknown issuer (CUSIP: g2r11m108)	$314,837	7,450	0.01%
LHX	$281,295	1,188	0.01%
Unknown issuer (CUSIP: 92343v104)	$235,144	5,126	0.01%
Unknown issuer (CUSIP: 14756k102)	$232,004	2,585	0.01%
FEIM	$222,314	2,630	0.01%
Unknown issuer (CUSIP: 68235c206)	$78,980	22,000	0.00%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
MSFT	Bought more	+205K	+$148.7M
·	Trimmed	-84K	-$77.3M
·	Bought more	+418K	+$61.2M
MU	Trimmed	-29K	-$46.9M
·	Trimmed	-40K	+$41.9M
·	Trimmed	-12K	-$39.4M
SNOW	Trimmed	-7K	+$29.0M
·	Trimmed	-10K	+$28.2M
·	Trimmed	-7K	-$27.8M
·	Bought more	+20K	-$27.0M

2 positions hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
DXCM	Dec. 31, 2025	685,433	$46,122,787	18.5%
CWAN	Sept. 30, 2025	1,366,580	$29,969,094	No longer tracked
HUBS	Dec. 31, 2025	38,715	$18,110,877	-38.0%
INTU	June 30, 2026	25,446	$11,002,341	25.7%
RGEN	Sept. 30, 2025	86,015	$10,698,546	38.2%
RKLB (filed as RKLBXXXX)	June 30, 2025	169,630	$3,032,984	63.8%
PAYX	March 31, 2026	21,173	$2,375,187	17.5%
BDX	June 30, 2025	4,835	$1,107,505
WING	Sept. 30, 2026	1,945	$337,282	31.5%
CAVA	Dec. 31, 2025	4,800	$289,968	-7.6%
TSCO	Sept. 30, 2026	8,415	$265,998	1.0%
ABNB	Dec. 31, 2025	1,725	$209,450	22.3%