Marsico Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Marsico Capital Management LLC reported 75 stock positions worth $3.6 billion. Its top holding was Microsoft (MSFT) at 7.0% of the portfolio, followed by Nvidia (NVDA, 6.1%) and Amazon.com (AMZN, 5.6%). Compared with Q3 2025, it opened 14 new positions, sold out of 15, added to 16 and reduced 29. The biggest buy was a new position in Intuitive Surgical (ISRG) and the biggest sale Spotify Technology (SPOT, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001055966
- Portfolio Value
- $3.6B (Q4 2025)
- SEC Filing
- 0001398344-26-002815 ↗ filed Feb 12, 2026
Holdings Value
Holdings 75 stocks · $3.6B
| MSFT Microsoft Corp. | 7.00% | 519,709 | $251.3M | Reduce -0.8% |
| NVDA Nvidia Corp. | 6.09% | 1,172,494 | $218.7M | Reduce -18.4% |
| AMZN Amazon.com Inc. | 5.62% | 874,730 | $201.9M | Reduce -2.0% |
| TSM Taiwan Semiconductor-SP ADR | 5.48% | 648,181 | $197.0M | Reduce -15.1% |
| AAPL Apple Inc. | 5.37% | 710,035 | $193.0M | Reduce -0.9% |
| GEV GE Vernova Inc. | 5.29% | 290,724 | $190.0M | Reduce -3.9% |
| GE General Electric filed as GE AEROSPACE | 5.19% | 604,907 | $186.3M | Reduce -5.4% |
| META Meta Platforms Inc. Class A | 4.65% | 253,002 | $167.0M | Reduce -30.2% |
| GOOGL Alphabet Inc. Class A | 4.27% | 490,547 | $153.5M | Add +7.7% |
| GS Goldman Sachs Group Inc. | 3.46% | 141,287 | $124.2M | Add +11.9% |
| NFLX Netflix Inc. | 3.31% | 1,268,446 | $118.9M | Reduce -8.9% |
| APP AppLovin Corp. Class A | 3.30% | 175,938 | $118.6M | Add +5.9% |
| BA The Boeing Co. | 3.30% | 545,258 | $118.4M | Reduce -2.7% |
| COST Costco Wholesale Corp. | 3.07% | 127,710 | $110.1M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 2.72% | 303,588 | $97.8M | Add +47.3% |
| C Citigroup Inc. | 2.72% | 836,729 | $97.6M | Add +16.7% |
| TSLA Tesla Inc. | 2.62% | 209,449 | $94.2M | Add +139.0% |
| ASML ASML Holding NV-NY Reg SHS | 2.58% | 86,591 | $92.6M | Reduce -3.3% |
| ISRG Intuitive Surgical Inc. | 1.81% | 114,937 | $65.1M | New |
| V Visa Inc. Class A | 1.49% | 152,121 | $53.4M | Add +0.2% |
| KLAC KLA Corp. | 1.26% | 37,298 | $45.3M | No change |
| MA Mastercard Inc. Class A | 1.05% | 66,369 | $37.9M | No change |
| HEI Heico Corp. | 0.89% | 99,287 | $32.1M | Reduce -14.9% |
| CBRE CBRE Group Inc. Class A | 0.87% | 193,503 | $31.1M | Add +86.3% |
| SAP Sap SE-Sponsored ADR | 0.80% | 118,834 | $28.9M | No change |
| APH Amphenol Corp. Class A | 0.75% | 198,781 | $26.9M | No change |
| TKO Tko Group Holdings Inc. | 0.74% | 127,337 | $26.6M | Add +27.4% |
| U Unity Software Inc. | 0.65% | 530,693 | $23.4M | Reduce -0.6% |
| UAL United Airlines Holdings Inc. | 0.54% | 172,692 | $19.3M | No change |
| AVGO Broadcom Inc. | 0.54% | 55,617 | $19.2M | No change |
| VSEC Vse Corp. | 0.51% | 105,733 | $18.3M | No change |
| IMAX Imax Corp. | 0.51% | 491,048 | $18.1M | New |
| ROL Rollins Inc. | 0.50% | 298,075 | $17.9M | Add +93.6% |
| RVMD Revolution Medicines Inc. | 0.49% | 219,460 | $17.5M | New |
| EVR Evercore Inc. Class A | 0.48% | 50,839 | $17.3M | No change |
| RBLX Roblox Corp. Class A | 0.42% | 188,150 | $15.2M | Reduce -24.2% |
| CTAS Cintas Corp. | 0.42% | 79,932 | $15.0M | Reduce -12.4% |
| AIR Aar Corp. | 0.42% | 180,458 | $14.9M | Reduce -24.1% |
| CCEP Coca-Cola Europacific Partne | 0.41% | 163,837 | $14.9M | Reduce -37.8% |
| ALHC Alignment Healthcare Inc. | 0.39% | 713,341 | $14.1M | No change |
| CMG Chipotle Mexican Grill Inc. | 0.39% | 380,677 | $14.1M | Add +234.4% |
| SPOT Spotify Technology SA | 0.39% | 23,879 | $13.9M | Reduce -84.8% |
| LEU Centrus Energy Corp. Class A | 0.37% | 55,057 | $13.4M | Add +36.5% |
| BURL Burlington Stores Inc. | 0.36% | 44,242 | $12.8M | New |
| ORLY O'reilly Automotive Inc. | 0.35% | 136,140 | $12.4M | Reduce -32.4% |
| MLM Martin Marietta Materials | 0.34% | 19,533 | $12.2M | New |
| YOU Clear Secure Inc. Class A | 0.32% | 324,241 | $11.4M | No change |
| URI United Rentals Inc. | 0.32% | 13,994 | $11.3M | Add +44.4% |
| DASH DoorDash Inc. Class A | 0.32% | 49,953 | $11.3M | Add +3551.5% |
| SHW The Sherwin-Williams Co. | 0.31% | 34,558 | $11.2M | Reduce -69.9% |
| TXRH Texas Roadhouse Inc. | 0.31% | 66,462 | $11.0M | Add +81.7% |
| FERG Ferguson Enterprises Inc. | 0.31% | 49,487 | $11.0M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.28% | 88,607 | $10.1M | Reduce -45.5% |
| PLTR Palantir Technologies Inc. Class A | 0.28% | 56,222 | $10.0M | Reduce -55.7% |
| AME Ametek Inc. | 0.28% | 48,635 | $10.0M | No change |
| LLY Eli Lilly & Co. | 0.26% | 8,685 | $9.3M | New |
| ULTA Ulta Beauty Inc. | 0.25% | 14,862 | $9.0M | New |
| MCO Moody's Corp. | 0.24% | 17,177 | $8.8M | No change |
| GOLF Acushnet Holdings Corp. | 0.22% | 100,319 | $8.0M | No change |
| TTWO Take-Two Interactive Softwre | 0.21% | 29,582 | $7.6M | No change |
| MTSI Macom Technology Solutions H | 0.21% | 43,726 | $7.5M | No change |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.20% | 97,164 | $7.0M | Reduce -13.7% |
| SHOP Shopify Inc. Class A | 0.19% | 42,818 | $6.9M | Reduce -53.3% |
| FIVE Five Below | 0.18% | 34,158 | $6.4M | New |
| TTAN Servicetitan Inc. Class A | 0.16% | 54,979 | $5.9M | New |
| SNAP Snap Inc. Class A | 0.16% | 696,442 | $5.6M | New |
| TEVA Teva Pharmaceutical-SP ADR | 0.15% | 173,075 | $5.4M | New |
| WSO Watsco Inc. | 0.14% | 14,415 | $4.9M | No change |
| ECG Everus Construction Group | 0.13% | 53,142 | $4.5M | Add +72.0% |
| SONY Sony Group Corp. - SP ADR | 0.10% | 144,018 | $3.7M | Reduce -66.4% |
| CHRW C.H. Robinson Worldwide Inc. | 0.09% | 19,000 | $3.1M | New |
| RYAN Ryan Specialty Holdings Inc. | 0.08% | 58,302 | $3.0M | Reduce -78.5% |
| AXP American Express Co. | 0.08% | 7,652 | $2.8M | Reduce -37.5% |
| LIN Linde PLC | 0.08% | 6,342 | $2.7M | Reduce -29.4% |
| WMT Walmart Inc. | 0.01% | 1,899 | $212K | New |
Portfolio Sells Q3 2025 → Q4 2025
| SPOT Spotify Technology SA | Reduce -84.8% | 0.39% | −2.42 |
| META Meta Platforms Inc. Class A | Reduce -30.2% | 4.65% | −2.18 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.50 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −1.24 |
| NFLX Netflix Inc. | Reduce -8.9% | 3.31% | −0.97 |
| NVDA Nvidia Corp. | Reduce -18.4% | 6.09% | −0.79 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.71 |
| SHW The Sherwin-Williams Co. | Reduce -69.9% | 0.31% | −0.71 |
| VIK Viking Holdings Ltd. | Sold out | 0.00% | −0.54 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.51 |
| RACE Ferrari NV | Sold out | 0.00% | −0.47 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.47 |
| RBLX Roblox Corp. Class A | Reduce -24.2% | 0.42% | −0.46 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.33 |
| PLTR Palantir Technologies Inc. Class A | Reduce -55.7% | 0.28% | −0.32 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -78.5% | 0.08% | −0.31 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.29 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −0.27 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.26 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.25 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.24 |
| SONY Sony Group Corp. - SP ADR | Reduce -66.4% | 0.10% | −0.21 |
| ORLY O'reilly Automotive Inc. | Reduce -32.4% | 0.35% | −0.21 |
| CCEP Coca-Cola Europacific Partne | Reduce -37.8% | 0.41% | −0.20 |
| DIS The Walt Disney Co. | Reduce -45.5% | 0.28% | −0.20 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.17 |
| SHOP Shopify Inc. Class A | Reduce -53.3% | 0.19% | −0.16 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.15 |
| AIR Aar Corp. | Reduce -24.1% | 0.42% | −0.13 |
| HEI Heico Corp. | Reduce -14.9% | 0.89% | −0.07 |
| CTAS Cintas Corp. | Reduce -12.4% | 0.42% | −0.06 |
| LIN Linde PLC | Reduce -29.4% | 0.08% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -2.2% | 3.07% | −0.03 |
| AXP American Express Co. | Reduce -37.5% | 0.08% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -15.1% | 5.48% | +0.01 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -13.7% | 0.20% | +0.02 |
| MSFT Microsoft Corp. | Reduce -0.8% | 7.00% | +0.03 |
| U Unity Software Inc. | Reduce -0.6% | 0.65% | +0.10 |
| BA The Boeing Co. | Reduce -2.7% | 3.30% | +0.19 |
| GE General Electric | Reduce -5.4% | 5.19% | +0.25 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -3.3% | 2.58% | +0.35 |
| GEV GE Vernova Inc. | Reduce -3.9% | 5.29% | +0.52 |
| AMZN Amazon.com Inc. | Reduce -2.0% | 5.62% | +0.59 |
| AAPL Apple Inc. | Reduce -0.9% | 5.37% | +0.69 |
Portfolio Buys Q3 2025 → Q4 2025
| ISRG Intuitive Surgical Inc. | New | 1.81% | +1.81 |
| TSLA Tesla Inc. | Add +139.0% | 2.62% | +1.62 |
| GOOGL Alphabet Inc. Class A | Add +7.7% | 4.27% | +1.43 |
| JPM JPMorgan Chase & Co. | Add +47.3% | 2.72% | +1.06 |
| GS Goldman Sachs Group Inc. | Add +11.9% | 3.46% | +0.88 |
| C Citigroup Inc. | Add +16.7% | 2.72% | +0.85 |
| IMAX Imax Corp. | New | 0.51% | +0.51 |
| RVMD Revolution Medicines Inc. | New | 0.49% | +0.49 |
| CBRE CBRE Group Inc. Class A | Add +86.3% | 0.87% | +0.45 |
| BURL Burlington Stores Inc. | New | 0.36% | +0.36 |
| MLM Martin Marietta Materials | New | 0.34% | +0.34 |
| FERG Ferguson Enterprises Inc. | New | 0.31% | +0.31 |
| DASH DoorDash Inc. Class A | Add +3551.5% | 0.32% | +0.31 |
| CMG Chipotle Mexican Grill Inc. | Add +234.4% | 0.39% | +0.28 |
| ROL Rollins Inc. | Add +93.6% | 0.50% | +0.27 |
| LLY Eli Lilly & Co. | New | 0.26% | +0.26 |
| ULTA Ulta Beauty Inc. | New | 0.25% | +0.25 |
| APP AppLovin Corp. Class A | Add +5.9% | 3.30% | +0.24 |
| TKO Tko Group Holdings Inc. | Add +27.4% | 0.74% | +0.22 |
| FIVE Five Below | New | 0.18% | +0.18 |
| TTAN Servicetitan Inc. Class A | New | 0.16% | +0.16 |
| SNAP Snap Inc. Class A | New | 0.16% | +0.16 |
| V Visa Inc. Class A | Add +0.2% | 1.49% | +0.16 |
| TXRH Texas Roadhouse Inc. | Add +81.7% | 0.31% | +0.15 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.15% | +0.15 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.09% | +0.09 |
| URI United Rentals Inc. | Add +44.4% | 0.32% | +0.08 |
| ECG Everus Construction Group | Add +72.0% | 0.13% | +0.06 |
| LEU Centrus Energy Corp. Class A | Add +36.5% | 0.37% | +0.05 |
| WMT Walmart Inc. | New | 0.01% | +0.01 |
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 |