NZS Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), NZS Capital, LLC reported 58 stock positions worth $2.4 billion. Its top holding was Alphabet Class C (GOOG) at 7.3% of the portfolio, followed by Microsoft (MSFT, 7.0%) and Texas Instruments (TXN, 4.0%). Compared with Q1 2024, it opened 9 new positions, sold out of 5, added to 34 and reduced 15. The biggest buy was a new position in Roper Technologies (ROP) and the biggest sale an exit from Workday Class A (WDAY).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001816616
- Portfolio Value
- $2.4B (Q2 2024)
- SEC Filing
- 0001816616-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 58 stocks · $2.4B
| GOOG Alphabet Inc. Class C | 7.34% | 976,009 | $179.0M | Reduce -2.9% |
| MSFT Microsoft Corp. | 6.96% | 379,615 | $169.7M | Reduce -5.8% |
| TXN Texas Instruments Inc. | 3.96% | 495,942 | $96.5M | Add +8.9% |
| FISV Fiserv Inc. | 3.85% | 629,101 | $93.8M | Add +3.9% |
| CDNS Cadence Design SYS Inc. | 3.75% | 297,437 | $91.5M | Reduce -0.1% |
| LRCX Lam Research Corp. | 3.75% | 85,949 | $91.5M | Reduce -4.5% |
| KLAC KLA Corp. | 3.74% | 110,732 | $91.3M | Reduce -1.3% |
| MCHP Microchip Technology Inc. | 3.60% | 960,282 | $87.9M | Add +9.8% |
| LIN Linde PLC | 3.45% | 191,871 | $84.2M | Add +12.2% |
| PGR Progressive Corp. | 3.43% | 402,735 | $83.7M | Add +0.7% |
| DHR Danaher Corp. | 3.21% | 313,014 | $78.2M | Add +7.0% |
| NVDA Nvidia Corp. | 3.18% | 628,358 | $77.6M | Reduce -42.8% |
| NFLX Netflix Inc. | 2.68% | 96,952 | $65.4M | Add +11.2% |
| APH Amphenol Corp. Class A | 2.39% | 864,761 | $58.3M | Reduce -47.2% |
| TT Trane Technologies PLC | 2.29% | 169,786 | $55.8M | Reduce -19.1% |
| AAPL Apple Inc. | 2.20% | 254,285 | $53.6M | Add +36.3% |
| URI United Rentals Inc. | 2.16% | 81,466 | $52.7M | Add +5.7% |
| AMD Advanced Micro Devices | 1.70% | 255,594 | $41.5M | Reduce -11.5% |
| AMZN Amazon.com Inc. | 1.59% | 200,745 | $38.8M | Add +2.3% |
| SHOP Shopify Inc. Class A | 1.54% | 569,960 | $37.6M | Add +0.7% |
| MELI MercadoLibre Inc. | 1.42% | 21,118 | $34.7M | Add +2.7% |
| CGNX Cognex Corp. | 1.38% | 717,644 | $33.6M | Add +3.0% |
| ROP Roper Technologies Inc. | 1.37% | 59,291 | $33.4M | New |
| CSGP Costar Group Inc. | 1.36% | 445,795 | $33.1M | Add +2.3% |
| ISRG Intuitive Surgical Inc. | 1.27% | 69,710 | $31.0M | Reduce -6.8% |
| TOST Toast Inc. Class A | 1.26% | 1,191,444 | $30.7M | Add +1.6% |
| HEI Heico Corp. | 1.26% | 136,861 | $30.6M | New |
| UBER Uber Technologies Inc. | 1.25% | 418,725 | $30.4M | Add +2.3% |
| ON On Semiconductor | 1.20% | 425,491 | $29.2M | Add +0.9% |
| HEI.A Heico Corp. Class A | 1.14% | 156,865 | $27.8M | New |
| CYBR Cyberark Software Ltd./Israel | 1.14% | 101,342 | $27.7M | Reduce -9.4% |
| CRM Salesforce Inc. | 1.13% | 107,402 | $27.6M | Add +55.3% |
| MEDP Medpace Holdings Inc. | 1.08% | 63,760 | $26.3M | Add +99.2% |
| CMG Chipotle Mexican Grill Inc. | 1.07% | 418,350 | $26.2M | Reduce -16.3% |
| PCOR Procore Technologies Inc. | 1.07% | 393,516 | $26.1M | Add +10.1% |
| AXON Axon Enterprise Inc. | 1.02% | 84,414 | $24.8M | Add +1.5% |
| ADSK Autodesk Inc. | 0.95% | 93,592 | $23.2M | New |
| MRNA Moderna Inc. | 0.93% | 191,374 | $22.7M | Add +23.4% |
| LSCC Lattice Semiconductor Corp. | 0.92% | 386,568 | $22.4M | Add +2.7% |
| NET Cloudflare Inc. Class A | 0.87% | 256,110 | $21.2M | Add +4.8% |
| CCJ Cameco Corp. | 0.82% | 406,135 | $20.0M | Add +2.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.82% | 1,547,851 | $20.0M | Reduce -0.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.78% | 49,543 | $19.0M | Reduce -28.0% |
| DASH DoorDash Inc. Class A | 0.76% | 170,003 | $18.5M | Add +1.9% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.73% | 183,136 | $17.9M | Add +99.3% |
| ARM Arm Holdings PLC-ADR | 0.72% | 107,382 | $17.6M | New |
| FND Floor & Decor Holdings Inc. Class A | 0.69% | 169,052 | $16.8M | Add +1.5% |
| RGEN Repligen Corp. | 0.64% | 124,222 | $15.7M | Add +52.4% |
| CDW CDW Corp. | 0.64% | 69,596 | $15.6M | New |
| GTLS Chart Industries Inc. | 0.64% | 107,365 | $15.5M | Add +1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.56% | 78,650 | $13.7M | Reduce -5.4% |
| Z Zillow Group Inc. Class C | 0.45% | 238,164 | $11.0M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 92,045 | $9.1M | Add +96.3% |
| THO Thor Industries Inc. | 0.37% | 96,676 | $9.0M | Add +0.3% |
| SOLV Solventum Corp. | 0.34% | 156,639 | $8.3M | New |
| AFRM Affirm Holdings Inc. | 0.31% | 252,162 | $7.6M | New |
| NOW ServiceNow Inc. | 0.30% | 9,248 | $7.3M | Add +5.7% |
| GLBE Global-E Online Ltd. | 0.19% | 127,745 | $4.6M | Add +36.2% |
Portfolio Sells Q1 2024 → Q2 2024
| WDAY Workday Inc. Class A | Sold out | 0.00% | −3.66 |
| SUI Sun Communities Inc. | Sold out | 0.00% | −1.88 |
| APH Amphenol Corp. Class A | Reduce -47.2% | 2.39% | −1.53 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −1.12 |
| NVDA Nvidia Corp. | Reduce -42.8% | 3.18% | −0.93 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.62 |
| TDY Teledyne Technologies Inc. | Sold out | 0.00% | −0.48 |
| AMD Advanced Micro Devices | Reduce -11.5% | 1.70% | −0.46 |
| TT Trane Technologies PLC | Reduce -19.1% | 2.29% | −0.32 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -28.0% | 0.78% | −0.14 |
| CMG Chipotle Mexican Grill Inc. | Reduce -16.3% | 1.07% | −0.13 |
| CYBR Cyberark Software Ltd./Israel | Reduce -9.4% | 1.14% | −0.10 |
| CDNS Cadence Design SYS Inc. | Reduce -0.1% | 3.75% | −0.09 |
| MSFT Microsoft Corp. | Reduce -5.8% | 6.96% | −0.07 |
| ISRG Intuitive Surgical Inc. | Reduce -6.8% | 1.27% | +0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -0.6% | 0.82% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -5.4% | 0.56% | +0.09 |
| LRCX Lam Research Corp. | Reduce -4.5% | 3.75% | +0.13 |
| KLAC KLA Corp. | Reduce -1.3% | 3.74% | +0.49 |
| GOOG Alphabet Inc. Class C | Reduce -2.9% | 7.34% | +0.99 |
Portfolio Buys Q1 2024 → Q2 2024
| ROP Roper Technologies Inc. | New | 1.37% | +1.37 |
| HEI Heico Corp. | New | 1.26% | +1.26 |
| HEI.A Heico Corp. Class A | New | 1.14% | +1.14 |
| ADSK Autodesk Inc. | New | 0.95% | +0.95 |
| AAPL Apple Inc. | Add +36.3% | 2.20% | +0.87 |
| ARM Arm Holdings PLC-ADR | New | 0.72% | +0.72 |
| TXN Texas Instruments Inc. | Add +8.9% | 3.96% | +0.66 |
| CDW CDW Corp. | New | 0.64% | +0.64 |
| MEDP Medpace Holdings Inc. | Add +99.2% | 1.08% | +0.54 |
| NFLX Netflix Inc. | Add +11.2% | 2.68% | +0.49 |
| Z Zillow Group Inc. Class C | New | 0.45% | +0.45 |
| TTD Trade Desk Inc./the Class A | Add +99.3% | 0.73% | +0.40 |
| MCHP Microchip Technology Inc. | Add +9.8% | 3.60% | +0.35 |
| SOLV Solventum Corp. | New | 0.34% | +0.34 |
| AFRM Affirm Holdings Inc. | New | 0.31% | +0.31 |
| CRM Salesforce Inc. | Add +55.3% | 1.13% | +0.27 |
| MRNA Moderna Inc. | Add +23.4% | 0.93% | +0.25 |
| DHR Danaher Corp. | Add +7.0% | 3.21% | +0.17 |
| LIN Linde PLC | Add +12.2% | 3.45% | +0.16 |
| CGNX Cognex Corp. | Add +3.0% | 1.38% | +0.15 |
| DIS The Walt Disney Co. | Add +96.3% | 0.37% | +0.14 |
| MELI MercadoLibre Inc. | Add +2.7% | 1.42% | +0.13 |
| AMZN Amazon.com Inc. | Add +2.3% | 1.59% | +0.12 |
| CCJ Cameco Corp. | Add +2.1% | 0.82% | +0.10 |
| GLBE Global-E Online Ltd. | Add +36.2% | 0.19% | +0.05 |
| TOST Toast Inc. Class A | Add +1.6% | 1.26% | +0.05 |
| NOW ServiceNow Inc. | Add +5.7% | 0.30% | +0.02 |
| RGEN Repligen Corp. | Add +52.4% | 0.64% | +0.02 |
| PGR Progressive Corp. | Add +0.7% | 3.43% | −0.00 |
| UBER Uber Technologies Inc. | Add +2.3% | 1.25% | −0.06 |
| AXON Axon Enterprise Inc. | Add +1.5% | 1.02% | −0.06 |
| GTLS Chart Industries Inc. | Add +1.1% | 0.64% | −0.09 |
| ON On Semiconductor | Add +0.9% | 1.20% | −0.09 |
| THO Thor Industries Inc. | Add +0.3% | 0.37% | −0.10 |
| NET Cloudflare Inc. Class A | Add +4.8% | 0.87% | −0.11 |
| URI United Rentals Inc. | Add +5.7% | 2.16% | −0.14 |
| PCOR Procore Technologies Inc. | Add +10.1% | 1.07% | −0.15 |
| FISV Fiserv Inc. | Add +3.9% | 3.85% | −0.17 |
| DASH DoorDash Inc. Class A | Add +1.9% | 0.76% | −0.20 |
| FND Floor & Decor Holdings Inc. Class A | Add +1.5% | 0.69% | −0.21 |
| SHOP Shopify Inc. Class A | Add +0.7% | 1.54% | −0.27 |
| LSCC Lattice Semiconductor Corp. | Add +2.7% | 0.92% | −0.30 |
| CSGP Costar Group Inc. | Add +2.3% | 1.36% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 61 | $3.9B | GOOG, LRCX, CDNS, APH, NVDA |
| Q1 2026 | 58 | $3.0B | GOOG, CDNS, LRCX, LIN, DHR |
| Q4 2025 | 62 | $3.3B | GOOG, CDNS, DHR, LRCX, AMT |
| Q3 2025 | 61 | $3.3B | GOOG, CDNS, LRCX, PGR, APH |
| Q2 2025 | 60 | $2.9B | GOOG, CDNS, NVDA, APH, PGR |
| Q1 2025 | 59 | $2.2B | GOOG, CDNS, PGR, APH, ROP |
| Q4 2024 | 59 | $2.3B | GOOG, CDNS, MSFT, FISV, PGR |
| Q3 2024 | 58 | $2.6B | GOOG, MSFT, TXN, PGR, FISV |
| Q2 2024 | 58 | $2.4B | GOOG, MSFT, TXN, FISV, CDNS |
| Q1 2024 | 54 | $2.4B | MSFT, GOOG, NVDA, FISV, APH |