Sanders Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Sanders Capital, LLC reported 47 stock positions worth $66.9 billion. Its top holding was Meta Platforms Class A (META) at 10.3% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 10.3%) and Alphabet Class C (GOOG, 7.8%). Compared with Q4 2024, it opened 1 new position, added to 11 and reduced 34. The biggest buy was Bank of America (BAC, shares +117%) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- West Palm Beach, FL
- CIK
- 0001508097
- Portfolio Value
- $66.9B (Q1 2025)
- SEC Filing
- 0001172661-25-001867 ↗ filed May 14, 2025
Holdings Value
Holdings 47 stocks · $66.9B
| META Meta Platforms Inc. Class A | 10.31% | 11,967,872 | $6.9B | Reduce -1.0% |
| TSM Taiwan Semiconductor-SP ADR | 10.30% | 41,523,782 | $6.9B | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 7.76% | 33,239,953 | $5.2B | Reduce -0.8% |
| MSFT Microsoft Corp. | 7.42% | 13,222,215 | $5.0B | Reduce -0.8% |
| HCA HCA Healthcare Inc. | 5.97% | 11,565,147 | $4.0B | Reduce -0.8% |
| AAPL Apple Inc. | 4.76% | 14,342,174 | $3.2B | Reduce -18.3% |
| UNH Unitedhealth Group Inc. | 4.08% | 5,217,526 | $2.7B | Reduce -0.8% |
| CI The Cigna Group | 3.93% | 7,989,436 | $2.6B | Reduce -0.8% |
| AMZN Amazon.com Inc. | 3.91% | 13,759,910 | $2.6B | Add +7.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.05% | 48,850,690 | $2.0B | Add +117.0% |
| ELV Elevance Health Inc. | 3.04% | 4,672,768 | $2.0B | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 2.85% | 7,765,918 | $1.9B | Reduce -5.9% |
| STX Seagate Technology Holdings | 2.33% | 18,315,348 | $1.6B | Add +10.8% |
| DAL Delta Air Lines Inc. | 2.00% | 30,691,939 | $1.3B | Add +3.1% |
| BKNG Booking Holdings Inc. | 1.95% | 283,119 | $1.3B | Reduce -0.7% |
| RTX RTX Corp. | 1.87% | 9,432,979 | $1.2B | Reduce -0.9% |
| PG The Procter & Gamble Co. | 1.86% | 7,297,102 | $1.2B | Reduce -0.8% |
| BABA Alibaba Group Holding-SP ADR | 1.73% | 8,757,019 | $1.2B | Reduce -1.6% |
| GD General Dynamics Corp. | 1.70% | 4,182,036 | $1.1B | Reduce -0.7% |
| V Visa Inc. Class A | 1.67% | 3,182,370 | $1.1B | Add +61.4% |
| AZN Astrazeneca PLC-Spons ADR | 1.66% | 15,068,986 | $1.1B | Reduce -0.8% |
| NOC Northrop Grumman Corp. | 1.54% | 2,018,834 | $1.0B | Add +0.1% |
| UAL United Airlines Holdings Inc. | 1.50% | 14,553,975 | $1.0B | Add +5.1% |
| SU Suncor Energy Inc. | 1.47% | 25,429,950 | $984.6M | Reduce -0.9% |
| C Citigroup Inc. | 1.29% | 12,146,885 | $862.3M | Reduce -0.7% |
| PDD PDD Holdings Inc. | 1.24% | 7,018,165 | $830.6M | Add +36.1% |
| MA Mastercard Inc. Class A | 1.22% | 1,487,810 | $815.5M | Add +26.9% |
| PEP Pepsico Inc. | 1.14% | 5,103,217 | $765.2M | Reduce -0.7% |
| HAL Halliburton Co. | 0.92% | 24,163,891 | $613.0M | Reduce -0.9% |
| TCOM Trip.com Group Ltd.-ADR | 0.90% | 9,460,414 | $601.5M | Reduce -2.5% |
| FISV Fiserv Inc. | 0.76% | 2,303,588 | $508.7M | Reduce -50.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.69% | 821,392 | $459.5M | Add +1.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.67% | 10,683,260 | $446.6M | Reduce -0.1% |
| ULTA Ulta Beauty Inc. | 0.65% | 1,190,170 | $436.2M | New |
| VEU Vanguard Ftse All-World Ex-U | 0.48% | 5,328,719 | $323.2M | Add +1.0% |
| HUM Humana Inc. | 0.47% | 1,191,951 | $315.4M | Reduce -0.2% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.25% | 2,968,720 | $170.5M | Reduce -0.4% |
| ABT Abbott Laboratories | 0.24% | 1,186,535 | $157.4M | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.17% | 548,763 | $115.0M | Reduce -0.7% |
| TFC Truist Financial Corp. | 0.13% | 2,165,462 | $89.1M | Reduce -0.9% |
| APTV Aptiv PLC | 0.07% | 834,862 | $49.7M | Reduce -0.7% |
| WFC Wells Fargo & Co. | 0.02% | 152,720 | $11.0M | No change |
| UL Unilever PLC | 0.01% | 118,880 | $7.1M | Reduce -10.9% |
| SHG Shinhan Financial Group-ADR | 0.01% | 173,706 | $5.6M | Reduce -0.7% |
| ING ING Groep N.V.-Sponsored ADR | 0.01% | 179,135 | $3.5M | Reduce -18.2% |
| NWG Natwest Group PLC -Spon ADR | 0.00% | 231,024 | $2.8M | Reduce -20.8% |
| SYF Synchrony Financial | 0.00% | 23,307 | $1.2M | Reduce -24.5% |
Portfolio Sells Q4 2024 → Q1 2025
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.8% | 10.30% | −1.79 |
| AAPL Apple Inc. | Reduce -18.3% | 4.76% | −1.66 |
| GOOG Alphabet Inc. Class C | Reduce -0.8% | 7.76% | −1.57 |
| MSFT Microsoft Corp. | Reduce -0.8% | 7.42% | −0.79 |
| FISV Fiserv Inc. | Reduce -50.6% | 0.76% | −0.64 |
| BKNG Booking Holdings Inc. | Reduce -0.7% | 1.95% | −0.12 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -2.5% | 0.90% | −0.07 |
| HAL Halliburton Co. | Reduce -0.9% | 0.92% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -5.9% | 2.85% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -1.0% | 10.31% | −0.04 |
| TFC Truist Financial Corp. | Reduce -0.9% | 0.13% | −0.01 |
| SYF Synchrony Financial | Reduce -24.5% | 0.00% | −0.00 |
| UL Unilever PLC | Reduce -10.9% | 0.01% | −0.00 |
| NWG Natwest Group PLC -Spon ADR | Reduce -20.8% | 0.00% | −0.00 |
| SHG Shinhan Financial Group-ADR | Reduce -0.7% | 0.01% | −0.00 |
| APTV Aptiv PLC | Reduce -0.7% | 0.07% | −0.00 |
| ING ING Groep N.V.-Sponsored ADR | Reduce -18.2% | 0.01% | +0.00 |
| PEP Pepsico Inc. | Reduce -0.7% | 1.14% | +0.00 |
| HUM Humana Inc. | Reduce -0.2% | 0.47% | +0.03 |
| ABBV Abbvie Inc. | Reduce -0.7% | 0.17% | +0.03 |
| C Citigroup Inc. | Reduce -0.7% | 1.29% | +0.03 |
| ABT Abbott Laboratories | Reduce -0.6% | 0.24% | +0.04 |
| HSBC HSBC Holdings PLC-Spons ADR | Reduce -0.4% | 0.25% | +0.04 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 1.86% | +0.06 |
| SLB SLB Ltd. | Reduce -0.1% | 0.67% | +0.07 |
| GD General Dynamics Corp. | Reduce -0.7% | 1.70% | +0.08 |
| SU Suncor Energy Inc. | Reduce -0.9% | 1.47% | +0.13 |
| UNH Unitedhealth Group Inc. | Reduce -0.8% | 4.08% | +0.19 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -0.8% | 1.66% | +0.20 |
| RTX RTX Corp. | Reduce -0.9% | 1.87% | +0.26 |
| ELV Elevance Health Inc. | Reduce -0.3% | 3.04% | +0.51 |
| BABA Alibaba Group Holding-SP ADR | Reduce -1.6% | 1.73% | +0.63 |
| CI The Cigna Group | Reduce -0.8% | 3.93% | +0.68 |
| HCA HCA Healthcare Inc. | Reduce -0.8% | 5.97% | +0.86 |
Portfolio Buys Q4 2024 → Q1 2025
| BAC Bank of America Corp. | Add +117.0% | 3.05% | +1.60 |
| V Visa Inc. Class A | Add +61.4% | 1.67% | +0.76 |
| ULTA Ulta Beauty Inc. | New | 0.65% | +0.65 |
| PDD PDD Holdings Inc. | Add +36.1% | 1.24% | +0.51 |
| MA Mastercard Inc. Class A | Add +26.9% | 1.22% | +0.32 |
| STX Seagate Technology Holdings | Add +10.8% | 2.33% | +0.24 |
| NOC Northrop Grumman Corp. | Add +0.1% | 1.54% | +0.16 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.0% | 0.48% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.2% | 0.69% | −0.01 |
| AMZN Amazon.com Inc. | Add +7.5% | 3.91% | −0.19 |
| UAL United Airlines Holdings Inc. | Add +5.1% | 1.50% | −0.46 |
| DAL Delta Air Lines Inc. | Add +3.1% | 2.00% | −0.63 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $99.8B | TSM, GOOG, AMZN, META, MSFT |
| Q1 2026 | 44 | $83.9B | TSM, GOOG, AMZN, META, STX |
| Q4 2025 | 44 | $86.8B | GOOG, TSM, META, MSFT, HCA |
| Q3 2025 | 47 | $81.3B | TSM, GOOG, META, MSFT, HCA |
| Q2 2025 | 47 | $74.5B | TSM, META, MSFT, GOOG, HCA |
| Q1 2025 | 47 | $66.9B | META, TSM, GOOG, MSFT, HCA |
| Q4 2024 | 46 | $68.4B | TSM, META, GOOG, MSFT, AAPL |
| Q3 2024 | 45 | $69.0B | META, TSM, MSFT, GOOG, HCA |
| Q2 2024 | 45 | $65.3B | TSM, META, MSFT, GOOG, AAPL |
| Q1 2024 | 42 | $59.9B | META, TSM, MSFT, GOOG, HCA |