Q2 2026 13F · SEC CIK 1276918

Zevenbergen Capital Investments LLC

Mutual fund managerFiled 2026-07-16 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $4.4B
Reported positions: 109
Top holdings a year, 3 yrs: +24.9%
Assets under management: $4.6B

Zevenbergen Capital Investments LLC is a mutual fund manager that reported 109 positions worth $4.4B in its Q2 2026 13F, filed 2026-07-16. Its largest holdings were Nvidia Corporation Com (NVDA, 8.3%), Advanced Micro Devices Inc (AMD, 5.5%), Tesla Inc Com (TSLA, 5.1%). A portfolio copying its top holdings returned 24.9% a year over the last 3 years, against 20.4% for the S&P 500.

Zevenbergen Capital Investments LLC holdings largest 50 of 109 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Zevenbergen Capital Investments LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	8.3%	9.9%	1,805,876	-8.6%	$361.3M
AMDAdvanced Micro Devices Inc	5.5%	3.3%	411,585	-26.5%	$239.1M
TSLATesla Inc Com	5.1%	5.7%	534,122	-0.6%	$224.7M
MUMicron Technology Inc	4.6%	1.9%	173,965	-9.4%	$200.8M
GOOGAlphabet Inc	4.4%	4.5%	546,596	+0.0%	$193.1M
AXONAxon Enterprise Inc	3.9%	3.5%	302,151	+4.8%	$169.4M
AMZNAmazon Com Inc Com	3.4%	3.8%	618,334	-2.4%	$147.4M
AAPLApple Inc	3.3%	3.7%	504,171	+0.5%	$145.9M
SHOPShopify Inc	3.1%	4.5%	1,183,816	-9.6%	$135.2M
METAMeta Platforms Inc Class A	2.8%	3.7%	220,423	-2.0%	$124.2M
AVGOBroadcom Inc	2.8%	2.8%	319,150	+2.1%	$120.6M
MSFTMicrosoft Corp	2.7%	3.3%	312,395	-0.6%	$116.5M
MELIMercadolibre Inc	2.6%	3.6%	67,366	-5.9%	$114.3M
MPWRMonolithic Power Systms Inc	2.5%	2.6%	78,604	-4.0%	$108.7M
CRDOCredo Technology Group Holdi	2.5%	1.1%	399,306	-0.9%	$108.6M
CRWDCrowdstrike Hldgs Inc Class A	2.4%	1.7%	139,105	-5.4%	$106.2M
RKLBRocket Lab Corp Com	2.3%	1.9%	1,005,003	-2.0%	$102.2M
VRTVertiv Holdings Co	2.1%	2.2%	279,992	-6.7%	$93.7M
SNOWSnowflake Inc	2.1%	1.9%	368,329	-15.0%	$93.7M
GOOGLAlphabet Inc	1.8%	1.9%	223,202	-1.6%	$79.8M
PWRQuanta Svcs Inc Com	1.6%	1.6%	99,591	-0.6%	$71.7M
NTRANatera Inc Com	1.6%	1.5%	254,549	-2.7%	$69.1M
AMATApplied Matls Inc	1.3%	0.8%	78,800	+0.0%	$57.0M
TOSTToast Inc	1.3%	1.4%	1,992,026	+12.3%	$55.4M
TSMTaiwan Semiconductor Manufac	1.2%	0.7%	108,665	+60.9%	$51.9M
SWTSXSchwab Capital Trust Total Sto	1.0%	1.9%	2,509,054	-40.7%	$45.7M
KLACKla Corp	1.0%	0.6%	150,000	+900.0%	$45.3M
DELLDell Technologies Inc	1.0%	0.5%	104,190	+0.4%	$45.0M
KRMNKarman Hldgs Inc	1.0%	1.4%	874,574	+39.6%	$43.7M
ANETArista Networks Inc	1.0%	0.9%	253,900	+0.0%	$43.1M
DDOGDatadog Inc	1.0%	0.6%	160,100	-2.4%	$41.7M
APPApplovin Corp	0.9%	1.0%	80,571	-5.4%	$41.5M
NFLXNetflix Inc Total	0.9%	1.7%	581,345	-4.4%	$41.5M
UBERUber Technologies Inc	0.9%	1.6%	573,837	-26.5%	$41.4M
PANWPalo Alto Networks Inc	0.7%	0.4%	93,910	-1.1%	$32.0M
COHRCoherent Corp	0.7%	—	79,777	—	$31.5M
APHAmphenol Corp	0.7%	0.6%	176,030	-1.1%	$31.0M
FIXComfort Sys USA Inc	0.7%	—	14,414	—	$28.6M
IOTSamsara, Inc.	0.6%	0.7%	832,213	+14.9%	$27.0M
MRVLMarvell Technology Inc	0.6%	—	89,657	—	$26.7M
ASMLAsml Hldg NV	0.6%	0.5%	13,222	+0.0%	$26.3M
VVisa Inc Com Cl A	0.6%	0.6%	76,348	+15.1%	$26.2M
CDNSCadence Design System Inc	0.6%	0.5%	65,000	+0.0%	$24.4M
SPOTSpotify Technology S A	0.5%	1.1%	51,617	-33.3%	$23.7M
LASRNlight Inc	0.5%	0.5%	336,035	+17.7%	$23.4M
ARMArm Hldgs PLC Equity A Funsponsored ADR	0.5%	—	60,965	—	$21.6M
QCOMQualcomm Inc	0.5%	0.5%	115,977	-7.6%	$21.4M
STXSeagate Technology Hldngs Pl	0.5%	—	22,100	—	$21.3M
SNSharkninja Inc Com Shs	0.5%	—	139,725	—	$21.3M
NXPINxp Semiconductors N V	0.5%	0.4%	73,100	+0.0%	$20.5M

What Zevenbergen Capital Investments LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

KLAC Kla Corp+900.0% shares
TSM Taiwan Semiconductor Manufac+60.9% shares
KRMN Karman Hldgs Inc+39.6% shares
LASR Nlight Inc+17.7% shares
V Visa Inc Com Cl A+15.1% shares
IOT Samsara, Inc.+14.9% shares
TOST Toast Inc+12.3% shares

Reduced

SWTSX Schwab Capital Trust Total Sto-40.7% shares
SPOT Spotify Technology S A-33.3% shares
UBER Uber Technologies Inc-26.5% shares
AMD Advanced Micro Devices Inc-26.5% shares
SNOW Snowflake Inc-15.0% shares
SHOP Shopify Inc-9.6% shares
MU Micron Technology Inc-9.4% shares
NVDA Nvidia Corporation Com-8.6% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +7.2% /yr; S&P 500 +20.1%
3 years: +24.9% /yr; S&P 500 +20.4%
5 years: +4.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$4.4B	109
Q1 2026	$3.5B	110
Q4 2025	$4.5B	105
Q3 2025	$5.1B	103
Q2 2025	$5.1B	105
Q1 2025	$4.1B	101
Q4 2024	$4.9B	101
Q3 2024	$4.8B	103
Q2 2024	$4.7B	102
Q1 2024	$4.7B	104
Q4 2023	$4.3B	98
Q3 2023	$3.9B	101

Questions about Zevenbergen Capital Investments LLC's portfolio

What stocks does Zevenbergen Capital Investments LLC own?

Zevenbergen Capital Investments LLC's latest 13F, for Q2 2026 and filed Jul 16, 2026, lists 109 positions worth $4.4B. The largest are Nvidia Corporation Com (NVDA) at 8.3%, Advanced Micro Devices Inc (AMD) at 5.5%, Tesla Inc Com (TSLA) at 5.1%, Micron Technology Inc (MU) at 4.6% and Alphabet Inc (GOOG) at 4.4%.

What did Zevenbergen Capital Investments LLC buy last quarter?

In Q2 2026, Zevenbergen Capital Investments LLC added Kla Corp (KLAC) (+900.0% shares), Taiwan Semiconductor Manufac (TSM) (+60.9% shares) and Karman Hldgs Inc (KRMN) (+39.6% shares), compared with its Q1 2026 filing.

What did Zevenbergen Capital Investments LLC sell last quarter?

In Q2 2026, Zevenbergen Capital Investments LLC cut from its top 50 Servicenow Inc Com (NOW), cut from its top 50 Insulet Corp (PODD), cut from its top 50 Transmedics Group Inc (TMDX), cut from its top 50 Cashmere Valley Bank (CSHX), cut from its top 50 Veeva Sys Inc (VEEV), Schwab Capital Trust Total Sto (SWTSX) (-40.7% shares), Spotify Technology S A (SPOT) (-33.3% shares) and Uber Technologies Inc (UBER) (-26.5% shares), compared with its Q1 2026 filing.

How has Zevenbergen Capital Investments LLC's portfolio performed?

A portfolio copying Zevenbergen Capital Investments LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +7.2% against +20.1%. Over 5 years: +4.4% a year against +11.6%.

When is Zevenbergen Capital Investments LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Zevenbergen Capital Investments LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Zevenbergen Capital Investments LLC manage?

Zevenbergen Capital Investments LLC reported $4.6B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $4.4B.