Sanders Capital, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Sanders Capital, LLC reported 44 stock positions worth $83.9 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 11.3% of the portfolio, followed by Alphabet Class C (GOOG, 9.8%) and Amazon.com (AMZN, 7.4%). Compared with Q4 2025, it opened 1 new position, sold out of 1, added to 16 and reduced 26. The biggest buy was Amazon.com (AMZN, shares +100%) and the biggest sale Alphabet Class C (GOOG, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- West Palm Beach, FL
- CIK
- 0001508097
- Portfolio Value
- $83.9B (Q1 2026)
- SEC Filing
- 0001172661-26-001934 ↗ filed May 14, 2026
Holdings Value
Holdings 44 stocks · $83.9B
| TSM Taiwan Semiconductor-SP ADR | 11.30% | 28,060,092 | $9.5B | Reduce -12.2% |
| GOOG Alphabet Inc. Class C | 9.82% | 28,733,083 | $8.2B | Reduce -10.0% |
| AMZN Amazon.com Inc. | 7.40% | 29,818,675 | $6.2B | Add +100.1% |
| META Meta Platforms Inc. Class A | 7.20% | 10,564,799 | $6.0B | Add +5.3% |
| STX Seagate Technology Holdings | 6.02% | 12,897,201 | $5.1B | Reduce -24.9% |
| MSFT Microsoft Corp. | 5.47% | 12,393,692 | $4.6B | Add +2.0% |
| HCA HCA Healthcare Inc. | 5.05% | 8,957,145 | $4.2B | Reduce -14.4% |
| AAPL Apple Inc. | 3.29% | 10,869,641 | $2.8B | Reduce -0.4% |
| CI The Cigna Group | 3.27% | 10,290,382 | $2.7B | Add +31.9% |
| ACN Accenture PLC Class A | 2.65% | 11,197,806 | $2.2B | Add +2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.62% | 45,167,159 | $2.2B | Reduce -0.2% |
| AMAT Applied Materials Inc. | 2.51% | 6,175,172 | $2.1B | Reduce -30.1% |
| DAL Delta Air Lines Inc. | 2.33% | 29,467,155 | $2.0B | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.26% | 2,923,008 | $1.9B | Add +42.5% |
| RTX RTX Corp. | 2.16% | 9,407,278 | $1.8B | Add +0.1% |
| CRM Salesforce Inc. | 2.12% | 9,532,303 | $1.8B | Add +10.6% |
| ELV Elevance Health Inc. | 2.06% | 5,894,303 | $1.7B | Add +2.5% |
| UNH Unitedhealth Group Inc. | 1.92% | 5,964,685 | $1.6B | Reduce -0.5% |
| V Visa Inc. Class A | 1.75% | 4,861,653 | $1.5B | Add +46.6% |
| UAL United Airlines Holdings Inc. | 1.67% | 15,204,551 | $1.4B | Add +0.1% |
| AZN Astrazeneca PLC | 1.66% | 7,065,628 | $1.4B | No change |
| NOC Northrop Grumman Corp. | 1.52% | 1,867,227 | $1.3B | Reduce -1.9% |
| NVDA Nvidia Corp. | 1.48% | 7,125,506 | $1.2B | New |
| GD General Dynamics Corp. | 1.48% | 3,617,244 | $1.2B | Reduce -1.6% |
| CME Cme Group Inc. | 1.46% | 4,161,190 | $1.2B | Reduce -0.4% |
| MA Mastercard Inc. Class A | 1.41% | 2,360,429 | $1.2B | Add +52.4% |
| JPM JPMorgan Chase & Co. | 1.37% | 3,896,565 | $1.1B | Reduce -9.5% |
| ULTA Ulta Beauty Inc. | 1.19% | 1,908,139 | $997.4M | Add +51.0% |
| PG The Procter & Gamble Co. | 1.16% | 6,751,488 | $975.2M | Reduce -0.4% |
| PDD PDD Holdings Inc. | 0.99% | 8,091,801 | $826.8M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.89% | 9,979,709 | $749.5M | Add +54.4% |
| LMT Lockheed Martin Corp. | 0.82% | 1,141,023 | $689.6M | Reduce -0.2% |
| TCOM Trip.com Group Ltd.-ADR | 0.63% | 10,640,774 | $529.8M | Add +7.6% |
| PEP Pepsico Inc. | 0.33% | 1,773,582 | $275.4M | Reduce -58.2% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.28% | 2,807,030 | $231.6M | Reduce -2.8% |
| ABT Abbott Laboratories | 0.14% | 1,121,205 | $115.1M | Reduce -2.6% |
| ABBV Abbvie Inc. | 0.13% | 516,593 | $112.4M | Reduce -2.9% |
| TFC Truist Financial Corp. | 0.11% | 2,037,822 | $93.7M | Reduce -3.1% |
| BKNG Booking Holdings Inc. | 0.06% | 299,473 | $50.4M | Add +0.7% |
| SHG Shinhan Financial Group-ADR | 0.01% | 153,626 | $9.4M | Reduce -2.5% |
| UL Unilever PLC-Sponsored ADR | 0.01% | 91,535 | $5.2M | Reduce -6.9% |
| ING ING Groep N.V.-Sponsored ADR | 0.00% | 115,885 | $3.0M | Reduce -9.7% |
| NWG Natwest Group PLC -Spon ADR | 0.00% | 185,064 | $2.8M | Reduce -9.9% |
| SYF Synchrony Financial | 0.00% | 18,867 | $1.3M | Reduce -4.9% |
Portfolio Sells Q4 2025 → Q1 2026
| GOOG Alphabet Inc. Class C | Reduce -10.0% | 9.82% | −1.71 |
| HCA HCA Healthcare Inc. | Reduce -14.4% | 5.05% | −0.58 |
| PEP Pepsico Inc. | Reduce -58.2% | 0.33% | −0.37 |
| UNH Unitedhealth Group Inc. | Reduce -0.5% | 1.92% | −0.36 |
| BAC Bank of America Corp. | Reduce -0.2% | 2.62% | −0.24 |
| JPM JPMorgan Chase & Co. | Reduce -9.5% | 1.37% | −0.23 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.18 |
| AAPL Apple Inc. | Reduce -0.4% | 3.29% | −0.13 |
| AMAT Applied Materials Inc. | Reduce -30.1% | 2.51% | −0.10 |
| PDD PDD Holdings Inc. | Reduce -0.3% | 0.99% | −0.07 |
| DAL Delta Air Lines Inc. | Reduce -0.4% | 2.33% | −0.03 |
| ABT Abbott Laboratories | Reduce -2.6% | 0.14% | −0.03 |
| TFC Truist Financial Corp. | Reduce -3.1% | 0.11% | −0.01 |
| ABBV Abbvie Inc. | Reduce -2.9% | 0.13% | −0.01 |
| UL Unilever PLC-Sponsored ADR | Reduce -6.9% | 0.01% | −0.00 |
| NWG Natwest Group PLC -Spon ADR | Reduce -9.9% | 0.00% | −0.00 |
| ING ING Groep N.V.-Sponsored ADR | Reduce -9.7% | 0.00% | −0.00 |
| SYF Synchrony Financial | Reduce -4.9% | 0.00% | −0.00 |
| SHG Shinhan Financial Group-ADR | Reduce -2.5% | 0.01% | +0.00 |
| HSBC HSBC Holdings PLC-Spons ADR | Reduce -2.8% | 0.28% | +0.01 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 1.16% | +0.04 |
| GD General Dynamics Corp. | Reduce -1.6% | 1.48% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -12.2% | 11.30% | +0.11 |
| CME Cme Group Inc. | Reduce -0.4% | 1.46% | +0.15 |
| LMT Lockheed Martin Corp. | Reduce -0.2% | 0.82% | +0.18 |
| NOC Northrop Grumman Corp. | Reduce -1.9% | 1.52% | +0.27 |
| STX Seagate Technology Holdings | Reduce -24.9% | 6.02% | +0.57 |
Portfolio Buys Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Add +100.1% | 7.40% | +3.44 |
| NVDA Nvidia Corp. | New | 1.48% | +1.48 |
| CI The Cigna Group | Add +31.9% | 3.27% | +0.80 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +42.5% | 2.26% | +0.65 |
| V Visa Inc. Class A | Add +46.6% | 1.75% | +0.41 |
| MA Mastercard Inc. Class A | Add +52.4% | 1.41% | +0.39 |
| VEU Vanguard Ftse All-World Ex-U | Add +54.4% | 0.89% | +0.35 |
| ULTA Ulta Beauty Inc. | Add +51.0% | 1.19% | +0.31 |
| RTX RTX Corp. | Add +0.1% | 2.16% | +0.18 |
| TCOM Trip.com Group Ltd.-ADR | Add +7.6% | 0.63% | −0.19 |
| ELV Elevance Health Inc. | Add +2.5% | 2.06% | −0.27 |
| UAL United Airlines Holdings Inc. | Add +0.1% | 1.67% | −0.29 |
| META Meta Platforms Inc. Class A | Add +5.3% | 7.20% | −0.43 |
| CRM Salesforce Inc. | Add +10.6% | 2.12% | −0.51 |
| ACN Accenture PLC Class A | Add +2.1% | 2.65% | −0.74 |
| MSFT Microsoft Corp. | Add +2.0% | 5.47% | −1.30 |
| BKNG Booking Holdings Inc. | Add +0.7% | 0.06% | −1.77 |
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 |