DSM Capital Partners LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), DSM Capital Partners LLC reported 102 stock positions worth $6.9 billion. Its top holding was Nvidia (NVDA) at 12.3% of the portfolio, followed by Microsoft (MSFT, 11.9%) and Amazon.com (AMZN, 9.0%). Compared with Q1 2024, it opened 2 new positions, sold out of 15, added to 15 and reduced 34. The biggest buy was Apple (AAPL, shares +81631%) and the biggest sale Boston Scientific (BSX, shares −100%).

Most Recent 13F
Q2 2026
Location
Palm Beach Gardens, FL
CIK
0001214639
Portfolio Value
$6.9B (Q2 2024)
SEC Filing
0000950123-24-008379 ↗ filed Aug 14, 2024

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $7.3B Q1 2024 Q2 2024: $6.9B $6.9B Q2 2024 Q3 2024: $6.6B Q3 2024 Q4 2024: $6.5B Q4 2024 Q1 2025: $5.7B Q1 2025 Q2 2025: $6.8B Q2 2025 Q3 2025: $7.0B Q3 2025 Q4 2025: $6.7B Q4 2025 Q1 2026: $5.7B Q1 2026 Q2 2026: $5.8B Q2 2026

Holdings 102 stocks · $6.9B
NVDA Nvidia Corp. 12.28% 6,864,047 $848.0M Reduce -30.7%
MSFT Microsoft Corp. 11.90% 1,837,662 $821.3M Reduce -12.5%
AMZN Amazon.com Inc. 8.97% 3,203,416 $619.1M Reduce -12.2%
GOOGL Alphabet Inc. Class A 8.76% 3,319,832 $604.7M Reduce -11.3%
ANET Arista Networks Inc. 7.78% 1,533,224 $537.4M Reduce -10.4%
AAPL Apple Inc. 7.36% 2,412,689 $508.2M Add +81630.7%
META Meta Platforms Inc. Class A 5.23% 716,701 $361.4M Add +8.2%
INTU Intuit Inc. 4.34% 456,044 $299.7M Reduce -20.4%
NVO Novo-Nordisk A/S-Spons ADR 3.30% 1,593,921 $227.5M Add +257816.0%
AMD Advanced Micro Devices 3.23% 1,376,366 $223.3M Reduce -5.0%
ASML ASML Holding NV-NY Reg SHS 3.01% 203,427 $208.1M Reduce -27.6%
V Visa Inc. Class A 2.57% 676,034 $177.4M Reduce -38.4%
UBER Uber Technologies Inc. 2.37% 2,253,377 $163.8M Add +2.2%
FISV Fiserv Inc. 2.30% 1,066,828 $159.0M Reduce -17.8%
ADBE Adobe Inc. 2.27% 281,823 $156.6M Reduce -13.2%
ADSK Autodesk Inc. 2.13% 594,781 $147.2M Reduce -17.5%
NBIX Neurocrine Biosciences Inc. 1.99% 997,784 $137.4M Reduce -12.2%
ENTG Entegris Inc. 1.82% 926,773 $125.5M Reduce -6.2%
FTNT Fortinet Inc. 1.75% 2,004,027 $120.8M Reduce -8.6%
MNST Monster Beverage Corp. 1.61% 2,225,726 $111.2M Add +13.7%
MA Mastercard Inc. Class A 1.52% 237,804 $104.9M Reduce -20.7%
SCHW Schwab (charles) Corp. 1.42% 1,334,569 $98.3M Reduce -39.0%
DT Dynatrace Inc. 0.79% 1,218,191 $54.5M Add +101.8%
GE General Electric filed as GE AEROSPACE 0.36% 157,727 $25.1M New
ORCL Oracle Corp. 0.22% 106,388 $15.0M Add +711.9%
TSM Taiwan Semiconductor-SP ADR 0.12% 45,725 $7.9M Reduce -24.8%
LLY Eli Lilly & Co. 0.10% 7,721 $7.0M Add +7544.6%
NICE Nice Ltd. - Spon ADR 0.10% 39,014 $6.7M Reduce -25.3%
IBN Icici Bank Ltd.-Spon ADR 0.08% 181,619 $5.2M Reduce -33.1%
HDB HDFC Bank Ltd.-ADR 0.07% 72,249 $4.6M Reduce -27.1%
HWM Howmet Aerospace Inc. 0.06% 49,327 $3.8M Add +337.1%
GLOB Globant SA 0.05% 19,042 $3.4M Reduce -59.3%
LAMR Lamar Advertising Co. Class A 0.03% 16,565 $2.0M No change
ARES Ares Management Corp. Class A 0.03% 13,398 $1.8M No change
APO Apollo Global Management Inc. 0.02% 9,664 $1.1M Add +53.5%
ABT Abbott Laboratories 0.01% 9,131 $949K Add +6.7%
ADP Automatic Data Processing 0.01% 3,892 $929K Reduce -99.2%
AVGO Broadcom Inc. 0.00% 134 $215K Add +59.5%
GOOG Alphabet Inc. Class C 0.00% 914 $168K Add +407.8%
NFLX Netflix Inc. 0.00% 218 $147K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 342 $131K No change
PANW Palo Alto Networks Inc. 0.00% 377 $128K No change
ISRG Intuitive Surgical Inc. 0.00% 249 $111K No change
ARM Arm Holdings PLC-ADR 0.00% 670 $110K No change
BSX Boston Scientific Corp. 0.00% 1,324 $102K Reduce -99.9%
AON Aon PLC Class A 0.00% 341 $100K Add +88.4%
AMAT Applied Materials Inc. 0.00% 381 $90K Add +35.1%
NOW ServiceNow Inc. 0.00% 112 $88K No change
SNPS Synopsys Inc. 0.00% 142 $84K No change
DDOG Datadog Inc. Class A 0.00% 646 $84K No change
TMO Thermo Fisher Scientific Inc. 0.00% 142 $79K No change
CDNS Cadence Design SYS Inc. 0.00% 254 $78K No change
ACN Accenture PLC Class A 0.00% 255 $77K Reduce -99.9%
CRM Salesforce Inc. 0.00% 299 $77K No change
DHR Danaher Corp. 0.00% 305 $76K No change
CMG Chipotle Mexican Grill Inc. 0.00% 1,200 $75K Reduce -99.9%
WDAY Workday Inc. Class A 0.00% 288 $64K No change
SYK Stryker Corp. 0.00% 172 $59K No change
MRSH Marsh & McLennan Cos 0.00% 274 $58K No change
ZTS Zoetis Inc. 0.00% 329 $57K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.00% 206 $53K No change
BKNG Booking Holdings Inc. 0.00% 13 $52K No change
KLAC KLA Corp. 0.00% 61 $50K No change
LIN Linde PLC 0.00% 113 $50K No change
ABNB Airbnb Inc. Class A 0.00% 311 $47K Reduce -36.0%
LRCX Lam Research Corp. 0.00% 44 $47K No change
COST Costco Wholesale Corp. 0.00% 55 $47K No change
WM Waste Management Inc. 0.00% 211 $45K No change
ECL Ecolab Inc. 0.00% 189 $45K No change
TOELY Tokyo Electron Ltd.-Unsp ADR 0.00% 378 $41K Reduce -11.3%
SNOW Snowflake Inc. 0.00% 304 $41K No change
ORLY O'reilly Automotive Inc. 0.00% 38 $40K Reduce -99.5%
PLTR Palantir Technologies Inc. Class A 0.00% 1,537 $39K No change
ALC Alcon Inc. filed as ALCON AG 0.00% 431 $38K Reduce -42.2%
MELI MercadoLibre Inc. 0.00% 23 $38K No change
MDB Mongodb Inc. 0.00% 148 $37K No change
CTAS Cintas Corp. 0.00% 50 $35K Reduce -24.2%
EW Edwards Lifesciences Corp. 0.00% 371 $34K No change
FICO Fair Isaac Corp. 0.00% 23 $34K No change
HESAY Hermes Intl-Unsponsored ADR 0.00% 148 $34K No change
VEEV Veeva Systems Inc. Class A 0.00% 184 $34K No change
IDXX Idexx Laboratories Inc. 0.00% 68 $33K No change
ANSS Ansys Inc. 0.00% 93 $30K No change
BRO Brown & Brown Inc. 0.00% 299 $27K No change
DXCM Dexcom Inc. 0.00% 226 $26K No change
ZS Zscaler Inc. 0.00% 127 $24K No change
SHOP Shopify Inc. Class A 0.00% 357 $24K No change
HEI Heico Corp. 0.00% 101 $23K No change
RACE Ferrari NV 0.00% 54 $22K No change
ASMIY Asm International-NY Reg SHS 0.00% 27 $21K No change
MSCI MSCI Inc. 0.00% 42 $20K No change
MCO Moody's Corp. 0.00% 48 $20K No change
YUM Yum! Brands Inc. 0.00% 143 $19K No change
SPGI S&P Global Inc. 0.00% 42 $19K No change
HLT Hilton Worldwide Holdings Inc. 0.00% 77 $17K No change
PODD Insulet Corp. 0.00% 76 $15K New
MAR Marriott International Class A 0.00% 63 $15K No change
SAUHY Straumann Holding AG-Uns ADR 0.00% 1,177 $15K Reduce -38.0%
ULTA Ulta Beauty Inc. 0.00% 29 $11K Reduce -99.8%
PINS Pinterest Inc. Class A 0.00% 245 $11K No change

Show all 102 holdings

Portfolio Sells Q1 2024 → Q2 2024
BSX Boston Scientific Corp. Reduce -99.9% 0.00% −2.03
ADP Automatic Data Processing Reduce -99.2% 0.01% −1.68
V Visa Inc. Class A Reduce -38.4% 2.57% −1.62
EPAM Epam Systems Inc. Sold out 0.00% −1.34
CMG Chipotle Mexican Grill Inc. Reduce -99.9% 0.00% −1.28
ACN Accenture PLC Class A Reduce -99.9% 0.00% −1.11
INTU Intuit Inc. Reduce -20.4% 4.34% −0.75
SCHW Schwab (charles) Corp. Reduce -39.0% 1.42% −0.74
ASML ASML Holding NV-NY Reg SHS Reduce -27.6% 3.01% −0.71
FISV Fiserv Inc. Reduce -17.8% 2.30% −0.53
PAYC Paycom Software Inc. Reduce -100.0% 0.00% −0.49
MA Mastercard Inc. Class A Reduce -20.7% 1.52% −0.45
ADSK Autodesk Inc. Reduce -17.5% 2.13% −0.43
AMD Advanced Micro Devices Reduce -5.0% 3.23% −0.34
FTNT Fortinet Inc. Reduce -8.6% 1.75% −0.30
MSFT Microsoft Corp. Reduce -12.5% 11.90% −0.17
NBIX Neurocrine Biosciences Inc. Reduce -12.2% 1.99% −0.15
ORLY O'reilly Automotive Inc. Reduce -99.5% 0.00% −0.11
EVVTY Evolution AB-ADR Sold out 0.00% −0.11
ULTA Ulta Beauty Inc. Reduce -99.8% 0.00% −0.10
NICE Nice Ltd. - Spon ADR Reduce -25.3% 0.10% −0.09
ENTG Entegris Inc. Reduce -6.2% 1.82% −0.08
GLOB Globant SA Reduce -59.3% 0.05% −0.08
CAE Cae Inc. Sold out 0.00% −0.03
AMZN Amazon.com Inc. Reduce -12.2% 8.97% −0.03
IBN Icici Bank Ltd.-Spon ADR Reduce -33.1% 0.08% −0.02
CP Canadian Pacific Kansas City Sold out 0.00% −0.01
HDB HDFC Bank Ltd.-ADR Reduce -27.1% 0.07% −0.01
PLD Prologis Inc. Sold out 0.00% −0.01
CGEMY Capgemini SE - Unsponsor ADR Sold out 0.00% −0.00
ABNB Airbnb Inc. Class A Reduce -36.0% 0.00% −0.00
SAP Sap SE-Sponsored ADR Sold out 0.00% −0.00
AZN Astrazeneca PLC-Spons ADR Sold out 0.00% −0.00
GIKLY Grifols SA-Spon ADR Sold out 0.00% −0.00
PPERY Bank Mandiri TBK-Unspon ADR Sold out 0.00% −0.00
ALC Alcon Inc. Reduce -42.2% 0.00% −0.00
AMADY Amadeus IT Group-Unsp ADR Sold out 0.00% −0.00
CCHGY Coca-Cola HBC AG-Unsp ADR Sold out 0.00% −0.00
SBUX Starbucks Corp. Sold out 0.00% −0.00
SAUHY Straumann Holding AG-Uns ADR Reduce -38.0% 0.00% −0.00
TOELY Tokyo Electron Ltd.-Unsp ADR Reduce -11.3% 0.00% −0.00
CTAS Cintas Corp. Reduce -24.2% 0.00% −0.00
DNOPY Dino Polska SA Unsp- ADR Sold out 0.00% −0.00
RCRUY Recruit Holdings Co. Ltd.-ADR Sold out 0.00% −0.00
TSM Taiwan Semiconductor-SP ADR Reduce -24.8% 0.12% +0.00
ADBE Adobe Inc. Reduce -13.2% 2.27% +0.03
NVDA Nvidia Corp. Reduce -30.7% 12.28% +0.05
ANET Arista Networks Inc. Reduce -10.4% 7.78% +1.00
GOOGL Alphabet Inc. Class A Reduce -11.3% 8.76% +1.04

Portfolio Buys Q1 2024 → Q2 2024
AAPL Apple Inc. Add +81630.7% 7.36% +7.35
NVO Novo-Nordisk A/S-Spons ADR Add +257816.0% 3.30% +3.29
META Meta Platforms Inc. Class A Add +8.2% 5.23% +0.84
DT Dynatrace Inc. Add +101.8% 0.79% +0.41
GE General Electric New 0.36% +0.36
ORCL Oracle Corp. Add +711.9% 0.22% +0.20
LLY Eli Lilly & Co. Add +7544.6% 0.10% +0.10
UBER Uber Technologies Inc. Add +2.2% 2.37% +0.05
HWM Howmet Aerospace Inc. Add +337.1% 0.06% +0.04
MNST Monster Beverage Corp. Add +13.7% 1.61% +0.02
APO Apollo Global Management Inc. Add +53.5% 0.02% +0.01
GOOG Alphabet Inc. Class C Add +407.8% 0.00% +0.00
AVGO Broadcom Inc. Add +59.5% 0.00% +0.00
AON Aon PLC Class A Add +88.4% 0.00% +0.00
AMAT Applied Materials Inc. Add +35.1% 0.00% +0.00
ABT Abbott Laboratories Add +6.7% 0.01% +0.00
PODD Insulet Corp. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 70$5.8BNVDA, GOOGL, AVGO, ANET, MSFT
Q1 2026 44$5.7BNVDA, MSFT, GOOGL, AVGO, AMZN
Q4 2025 47$6.7BNVDA, MSFT, GOOGL, AVGO, AMZN
Q3 2025 41$7.0BNVDA, MSFT, AMZN, AVGO, META
Q2 2025 39$6.8BNVDA, MSFT, AMZN, META, ANET
Q1 2025 39$5.7BNVDA, MSFT, AMZN, META, ANET
Q4 2024 40$6.5BNVDA, MSFT, AMZN, ANET, GOOGL
Q3 2024 99$6.6BNVDA, MSFT, AMZN, ANET, AAPL
Q2 2024 102$6.9BNVDA, MSFT, AMZN, GOOGL, ANET
Q1 2024 115$7.3BNVDA, MSFT, AMZN, GOOGL, ANET