Marsico Capital Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Marsico Capital Management LLC reported 76 stock positions worth $3.9 billion. Its top holding was Microsoft (MSFT) at 7.0% of the portfolio, followed by Nvidia (NVDA, 6.9%) and Meta Platforms Class A (META, 6.8%). Compared with Q2 2025, it opened 23 new positions, sold out of 15, added to 22 and reduced 22. The biggest buy was AppLovin Class A (APP, shares +281%) and the biggest sale Chipotle Mexican Grill (CMG, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001055966
- Portfolio Value
- $3.9B (Q3 2025)
- SEC Filing
- 0001398344-25-020776 ↗ filed Nov 12, 2025
Holdings Value
Holdings 76 stocks · $3.9B
| MSFT Microsoft Corp. | 6.96% | 523,996 | $271.4M | Reduce -5.6% |
| NVDA Nvidia Corp. | 6.88% | 1,437,292 | $268.2M | Add +5.9% |
| META Meta Platforms Inc. Class A | 6.83% | 362,402 | $266.1M | Reduce -3.3% |
| TSM Taiwan Semiconductor-SP ADR | 5.47% | 763,384 | $213.2M | Reduce -1.7% |
| AMZN Amazon.com Inc. | 5.03% | 892,233 | $195.9M | Reduce -12.5% |
| GE General Electric filed as GE AEROSPACE | 4.94% | 639,732 | $192.4M | Reduce -4.3% |
| GEV GE Vernova Inc. | 4.77% | 302,492 | $186.0M | Reduce -3.7% |
| AAPL Apple Inc. | 4.68% | 716,498 | $182.4M | Add +65.9% |
| NFLX Netflix Inc. | 4.28% | 139,265 | $167.0M | Reduce -1.0% |
| BA The Boeing Co. | 3.10% | 560,466 | $121.0M | Add +11.9% |
| COST Costco Wholesale Corp. | 3.10% | 130,533 | $120.8M | Reduce -5.0% |
| APP AppLovin Corp. Class A | 3.06% | 166,155 | $119.4M | Add +280.6% |
| GOOGL Alphabet Inc. Class A | 2.84% | 455,322 | $110.7M | Add +558.9% |
| SPOT Spotify Technology SA | 2.80% | 156,533 | $109.3M | Add +25.5% |
| GS Goldman Sachs Group Inc. | 2.58% | 126,213 | $100.5M | Add +125.5% |
| ASML ASML Holding NV-NY Reg SHS | 2.22% | 89,579 | $86.7M | Add +2.5% |
| C Citigroup Inc. | 1.87% | 716,894 | $72.8M | New |
| JPM JPMorgan Chase & Co. | 1.67% | 206,116 | $65.0M | Add +4.7% |
| BKNG Booking Holdings Inc. | 1.50% | 10,824 | $58.4M | Reduce -0.7% |
| V Visa Inc. Class A | 1.33% | 151,827 | $51.8M | Reduce -23.2% |
| HOOD Robinhood Markets Inc. Class A | 1.24% | 338,773 | $48.5M | Reduce -4.3% |
| KLAC KLA Corp. | 1.03% | 37,298 | $40.2M | Add +73.7% |
| SHW The Sherwin-Williams Co. | 1.02% | 114,667 | $39.7M | Reduce -27.2% |
| TSLA Tesla Inc. | 1.00% | 87,648 | $39.0M | New |
| MA Mastercard Inc. Class A | 0.97% | 66,369 | $37.8M | Add +98.7% |
| HEI Heico Corp. | 0.97% | 116,726 | $37.7M | Add +17.6% |
| RBLX Roblox Corp. Class A | 0.88% | 248,313 | $34.4M | Add +24.8% |
| SAP Sap SE-Sponsored ADR | 0.81% | 118,834 | $31.8M | Reduce -33.1% |
| NBIS Nebius Group NV | 0.71% | 246,679 | $27.7M | New |
| APH Amphenol Corp. Class A | 0.63% | 198,781 | $24.6M | Add +24.5% |
| CCEP Coca-Cola Europacific Partne | 0.61% | 263,344 | $23.8M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.59% | 126,948 | $23.2M | Reduce -22.9% |
| ORLY O'reilly Automotive Inc. | 0.56% | 201,385 | $21.7M | Reduce -28.8% |
| U Unity Software Inc. | 0.55% | 534,108 | $21.4M | New |
| AIR Aar Corp. | 0.55% | 237,840 | $21.3M | Add +240.8% |
| VIK Viking Holdings Ltd. | 0.54% | 339,205 | $21.1M | New |
| TKO Tko Group Holdings Inc. | 0.52% | 99,947 | $20.2M | Reduce -82.3% |
| CRWV Coreweave Inc. Class A | 0.51% | 146,415 | $20.0M | New |
| CTAS Cintas Corp. | 0.48% | 91,200 | $18.7M | Reduce -2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 162,601 | $18.6M | Reduce -75.7% |
| RACE Ferrari NV | 0.47% | 37,826 | $18.4M | Reduce -38.3% |
| AVGO Broadcom Inc. | 0.47% | 55,617 | $18.3M | No change |
| TLN Talen Energy Corp. | 0.47% | 42,928 | $18.3M | New |
| VSEC Vse Corp. | 0.45% | 105,733 | $17.6M | New |
| EVR Evercore Inc. Class A | 0.44% | 50,839 | $17.1M | New |
| UAL United Airlines Holdings Inc. | 0.43% | 172,692 | $16.7M | Add +985.4% |
| CBRE CBRE Group Inc. Class A | 0.42% | 103,850 | $16.4M | Add +0.0% |
| RYAN Ryan Specialty Holdings Inc. | 0.39% | 271,230 | $15.3M | New |
| SHOP Shopify Inc. Class A | 0.35% | 91,627 | $13.6M | New |
| ORCL Oracle Corp. | 0.33% | 46,258 | $13.0M | New |
| LEU Centrus Energy Corp. Class A | 0.32% | 40,327 | $12.5M | New |
| ALHC Alignment Healthcare Inc. | 0.32% | 713,341 | $12.4M | New |
| SONY Sony Group Corp. - SP ADR | 0.32% | 428,403 | $12.3M | Add +30.3% |
| KKR KKR & Co. Inc. | 0.29% | 86,975 | $11.3M | Add +1260.3% |
| YOU Clear Secure Inc. Class A | 0.28% | 324,241 | $10.8M | New |
| ARM Arm Holdings PLC-ADR | 0.27% | 74,378 | $10.5M | Add +10.6% |
| SE Sea Ltd.-ADR | 0.26% | 56,713 | $10.1M | New |
| UBER Uber Technologies Inc. | 0.25% | 99,630 | $9.8M | No change |
| CELH Celsius Holdings Inc. | 0.24% | 162,907 | $9.4M | No change |
| URI United Rentals Inc. | 0.24% | 9,690 | $9.3M | No change |
| AME Ametek Inc. | 0.23% | 48,635 | $9.1M | No change |
| ROL Rollins Inc. | 0.23% | 153,997 | $9.0M | New |
| MCO Moody's Corp. | 0.21% | 17,177 | $8.2M | Reduce -55.5% |
| GOLF Acushnet Holdings Corp. | 0.20% | 100,319 | $7.9M | No change |
| TTWO Take-Two Interactive Softwre | 0.20% | 29,582 | $7.6M | Reduce -0.7% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.17% | 112,521 | $6.8M | New |
| LYFT LYFT Inc. Class A | 0.17% | 296,849 | $6.5M | New |
| TXRH Texas Roadhouse Inc. | 0.16% | 36,584 | $6.1M | New |
| WIX Wix.com Ltd. | 0.15% | 33,441 | $5.9M | New |
| WSO Watsco Inc. | 0.15% | 14,415 | $5.8M | No change |
| MTSI Macom Technology Solutions H | 0.14% | 43,726 | $5.4M | New |
| CMG Chipotle Mexican Grill Inc. | 0.11% | 113,842 | $4.5M | Reduce -94.3% |
| LIN Linde PLC | 0.11% | 8,978 | $4.3M | No change |
| AXP American Express Co. | 0.10% | 12,251 | $4.1M | Add +60.1% |
| ECG Everus Construction Group | 0.07% | 30,906 | $2.7M | New |
| DASH DoorDash Inc. Class A | 0.01% | 1,368 | $372K | Add +66.0% |
Portfolio Sells Q2 2025 → Q3 2025
| CMG Chipotle Mexican Grill Inc. | Reduce -94.3% | 0.11% | −2.90 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −2.77 |
| PGR Progressive Corp. | Sold out | 0.00% | −2.30 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −2.29 |
| TKO Tko Group Holdings Inc. | Reduce -82.3% | 0.52% | −2.27 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.87 |
| DIS The Walt Disney Co. | Reduce -75.7% | 0.48% | −1.78 |
| AMZN Amazon.com Inc. | Reduce -12.5% | 5.03% | −1.04 |
| NFLX Netflix Inc. | Reduce -1.0% | 4.28% | −0.83 |
| META Meta Platforms Inc. Class A | Reduce -3.3% | 6.83% | −0.68 |
| SAP Sap SE-Sponsored ADR | Reduce -33.1% | 0.81% | −0.65 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.60 |
| COST Costco Wholesale Corp. | Reduce -5.0% | 3.10% | −0.59 |
| V Visa Inc. Class A | Reduce -23.2% | 1.33% | −0.57 |
| MSFT Microsoft Corp. | Reduce -5.6% | 6.96% | −0.53 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.49 |
| SHW The Sherwin-Williams Co. | Reduce -27.2% | 1.02% | −0.45 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.38 |
| RACE Ferrari NV | Reduce -38.3% | 0.47% | −0.34 |
| MCO Moody's Corp. | Reduce -55.5% | 0.21% | −0.32 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.26 |
| BKNG Booking Holdings Inc. | Reduce -0.7% | 1.50% | −0.21 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.19 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.19 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.17 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.14 |
| ORLY O'reilly Automotive Inc. | Reduce -28.8% | 0.56% | −0.13 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.10 |
| CTAS Cintas Corp. | Reduce -2.6% | 0.48% | −0.09 |
| CEG Constellation Energy | Sold out | 0.00% | −0.04 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -22.9% | 0.59% | −0.02 |
| TTWO Take-Two Interactive Softwre | Reduce -0.7% | 0.20% | −0.00 |
| GEV GE Vernova Inc. | Reduce -3.7% | 4.77% | +0.26 |
| GE General Electric | Reduce -4.3% | 4.94% | +0.27 |
| HOOD Robinhood Markets Inc. Class A | Reduce -4.3% | 1.24% | +0.35 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.7% | 5.47% | +0.70 |
Portfolio Buys Q2 2025 → Q3 2025
| APP AppLovin Corp. Class A | Add +280.6% | 3.06% | +2.65 |
| GOOGL Alphabet Inc. Class A | Add +558.9% | 2.84% | +2.51 |
| AAPL Apple Inc. | Add +65.9% | 4.68% | +2.28 |
| C Citigroup Inc. | New | 1.87% | +1.87 |
| GS Goldman Sachs Group Inc. | Add +125.5% | 2.58% | +1.50 |
| NVDA Nvidia Corp. | Add +5.9% | 6.88% | +1.06 |
| TSLA Tesla Inc. | New | 1.00% | +1.00 |
| NBIS Nebius Group NV | New | 0.71% | +0.71 |
| U Unity Software Inc. | New | 0.55% | +0.55 |
| VIK Viking Holdings Ltd. | New | 0.54% | +0.54 |
| CRWV Coreweave Inc. Class A | New | 0.51% | +0.51 |
| KLAC KLA Corp. | Add +73.7% | 1.03% | +0.51 |
| TLN Talen Energy Corp. | New | 0.47% | +0.47 |
| MA Mastercard Inc. Class A | Add +98.7% | 0.97% | +0.46 |
| VSEC Vse Corp. | New | 0.45% | +0.45 |
| EVR Evercore Inc. Class A | New | 0.44% | +0.44 |
| AIR Aar Corp. | Add +240.8% | 0.55% | +0.42 |
| UAL United Airlines Holdings Inc. | Add +985.4% | 0.43% | +0.39 |
| RYAN Ryan Specialty Holdings Inc. | New | 0.39% | +0.39 |
| SHOP Shopify Inc. Class A | New | 0.35% | +0.35 |
| ORCL Oracle Corp. | New | 0.33% | +0.33 |
| ASML ASML Holding NV-NY Reg SHS | Add +2.5% | 2.22% | +0.32 |
| LEU Centrus Energy Corp. Class A | New | 0.32% | +0.32 |
| ALHC Alignment Healthcare Inc. | New | 0.32% | +0.32 |
| RBLX Roblox Corp. Class A | Add +24.8% | 0.88% | +0.31 |
| YOU Clear Secure Inc. Class A | New | 0.28% | +0.28 |
| KKR KKR & Co. Inc. | Add +1260.3% | 0.29% | +0.27 |
| SE Sea Ltd.-ADR | New | 0.26% | +0.26 |
| BA The Boeing Co. | Add +11.9% | 3.10% | +0.26 |
| ROL Rollins Inc. | New | 0.23% | +0.23 |
| SPOT Spotify Technology SA | Add +25.5% | 2.80% | +0.21 |
| APH Amphenol Corp. Class A | Add +24.5% | 0.63% | +0.20 |
| RYAAY Ryanair Holdings PLC-SP ADR | New | 0.17% | +0.17 |
| LYFT LYFT Inc. Class A | New | 0.17% | +0.17 |
| TXRH Texas Roadhouse Inc. | New | 0.16% | +0.16 |
| WIX Wix.com Ltd. | New | 0.15% | +0.15 |
| MTSI Macom Technology Solutions H | New | 0.14% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +4.7% | 1.67% | +0.12 |
| SONY Sony Group Corp. - SP ADR | Add +30.3% | 0.32% | +0.08 |
| HEI Heico Corp. | Add +17.6% | 0.97% | +0.08 |
| ECG Everus Construction Group | New | 0.07% | +0.07 |
| AXP American Express Co. | Add +60.1% | 0.10% | +0.04 |
| CBRE CBRE Group Inc. Class A | Add +0.0% | 0.42% | +0.03 |
| DASH DoorDash Inc. Class A | Add +66.0% | 0.01% | +0.00 |
| ARM Arm Holdings PLC-ADR | Add +10.6% | 0.27% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 69 | $3.8B | TSM, NVDA, GE, AMZN, AAPL |
| Q1 2026 | 65 | $3.4B | GEV, NVDA, TSM, AMZN, AAPL |
| Q4 2025 | 75 | $3.6B | MSFT, NVDA, AMZN, TSM, AAPL |
| Q3 2025 | 76 | $3.9B | MSFT, NVDA, META, TSM, AMZN |
| Q2 2025 | 68 | $3.7B | META, MSFT, AMZN, NVDA, NFLX |
| Q1 2025 | 63 | $2.9B | AMZN, META, MSFT, GE, NFLX |
| Q4 2024 | 66 | $3.7B | AMZN, MSFT, AAPL, NVDA, META |
| Q3 2024 | 61 | $3.6B | MSFT, META, AAPL, NVDA, AMZN |
| Q2 2024 | 60 | $3.3B | MSFT, META, AAPL, NVDA, AMZN |
| Q1 2024 | 67 | $3.0B | MSFT, META, NVDA, AMZN, LLY |