Sapient Capital LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Sapient Capital LLC reported 373 stock positions worth $5.6 billion. Its top holding was Eli Lilly (LLY) at 17.0% of the portfolio, followed by AppLovin Class A (APP, 8.0%) and Microsoft (MSFT, 5.6%). Compared with Q1 2025, it opened 22 new positions, sold out of 13, added to 83 and reduced 196. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Unitedhealth (UNH, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- INDIANAPOLIS, IN
- CIK
- 0001998653
- Portfolio Value
- $5.6B (Q2 2025)
- SEC Filing
- 0001951757-25-000601 ↗ filed Jul 9, 2025
Holdings Value
Holdings 373 stocks · $5.6B
| LLY Eli Lilly & Co. | 17.01% | 1,218,487 | $949.8M | Add +0.8% |
| APP AppLovin Corp. Class A | 8.03% | 1,280,491 | $448.3M | Reduce -0.3% |
| MSFT Microsoft Corp. | 5.55% | 623,368 | $310.1M | Reduce -1.1% |
| AAPL Apple Inc. | 5.09% | 1,385,768 | $284.3M | Reduce -1.0% |
| VST Vistra Corp. | 3.66% | 1,055,564 | $204.6M | Reduce -1.2% |
| AVGO Broadcom Inc. | 3.38% | 684,302 | $188.6M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 2.69% | 851,960 | $150.1M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 2.45% | 472,376 | $136.9M | Reduce -0.8% |
| NVDA Nvidia Corp. | 2.31% | 814,965 | $128.8M | Add +0.4% |
| META Meta Platforms Inc. Class A | 2.30% | 173,937 | $128.4M | Add +12.2% |
| AMZN Amazon.com Inc. | 2.08% | 528,824 | $116.0M | Reduce -1.6% |
| NFLX Netflix Inc. | 2.07% | 86,465 | $115.8M | Reduce -1.6% |
| COST Costco Wholesale Corp. | 1.77% | 99,661 | $98.7M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.36% | 1,610,422 | $76.2M | Reduce -1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.09% | 98,213 | $60.9M | Add +1.6% |
| BKNG Booking Holdings Inc. | 1.07% | 10,311 | $59.7M | Add +39.2% |
| MELI MercadoLibre Inc. | 1.02% | 21,789 | $56.9M | Reduce -1.7% |
| GEV GE Vernova Inc. | 1.00% | 106,015 | $56.1M | Add +4.7% |
| MA Mastercard Inc. Class A | 0.95% | 94,083 | $52.9M | Reduce -2.3% |
| ISRG Intuitive Surgical Inc. | 0.94% | 96,977 | $52.7M | Reduce -1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.90% | 401,947 | $50.1M | Add +82.8% |
| KKR KKR & Co. Inc. | 0.86% | 362,204 | $48.2M | Reduce -0.5% |
| BWXT BWX Technologies Inc. | 0.80% | 310,670 | $44.8M | Reduce -2.0% |
| CVX Chevron Corp. | 0.78% | 302,621 | $43.3M | Reduce -2.0% |
| STLD Steel Dynamics Inc. | 0.77% | 332,570 | $42.7M | Reduce 0.0% |
| GE General Electric filed as GE AEROSPACE | 0.76% | 165,308 | $42.5M | Reduce -2.0% |
| ABBV Abbvie Inc. | 0.76% | 228,494 | $42.4M | Reduce -0.7% |
| V Visa Inc. Class A | 0.74% | 116,279 | $41.3M | Add +0.4% |
| RSP Invesco S&P 500 Equal Weight | 0.73% | 222,850 | $40.5M | Reduce -6.0% |
| WMT Walmart Inc. | 0.70% | 401,117 | $39.2M | Reduce -0.8% |
| ORLY O'reilly Automotive Inc. | 0.68% | 420,797 | $37.9M | Reduce -1.4% |
| EQT Eqt Corp. | 0.66% | 629,440 | $36.7M | Add +1.6% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.62% | 178,685 | $34.7M | Reduce -3.4% |
| SPG Simon Property Group Inc. | 0.59% | 204,503 | $32.9M | Add +0.0% |
| RACE Ferrari NV | 0.58% | 65,746 | $32.1M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 66,028 | $32.1M | Reduce -0.2% |
| HBNC Horizon Bancorp Inc. | 0.57% | 2,080,012 | $32.0M | Add +0.0% |
| GLD SPDR Gold Shares | 0.57% | 103,632 | $31.6M | Reduce -10.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.54% | 133,836 | $30.4M | Add +1.3% |
| WFC Wells Fargo & Co. | 0.49% | 344,236 | $27.6M | Add +0.4% |
| HD Home Depot Inc. | 0.49% | 75,002 | $27.5M | Reduce -0.1% |
| MPWR Monolithic Power Systems Inc. | 0.48% | 36,924 | $27.1M | Reduce -2.4% |
| PANW Palo Alto Networks Inc. | 0.48% | 130,945 | $26.8M | Add +0.0% |
| VRT Vertiv Holdings Co. Class A | 0.48% | 207,999 | $26.7M | Add +97.3% |
| GOOG Alphabet Inc. Class C | 0.47% | 148,301 | $26.3M | Reduce -3.8% |
| PM Philip Morris International | 0.46% | 140,879 | $25.8M | Reduce -1.5% |
| LEN Lennar Corp. Class A | 0.46% | 232,414 | $25.7M | Add +114.9% |
| UNP Union Pacific Corp. | 0.45% | 108,555 | $25.0M | Reduce -3.1% |
| KO The Coca-Cola Co. | 0.40% | 312,589 | $22.3M | Reduce -0.8% |
| KMI Kinder Morgan Inc. | 0.39% | 739,860 | $21.8M | Reduce -1.5% |
| WM Waste Management Inc. | 0.38% | 92,717 | $21.2M | Reduce -0.1% |
| GILD Gilead Sciences Inc. | 0.36% | 183,155 | $20.3M | Reduce -1.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.34% | 43,122 | $18.9M | Add +18.8% |
| KEY Keycorp | 0.34% | 1,084,114 | $18.9M | Reduce -7.4% |
| WDAY Workday Inc. Class A | 0.33% | 77,804 | $18.7M | Add +0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.33% | 25 | $18.2M | No change |
| MAR Marriott International Class A | 0.31% | 64,182 | $17.5M | Reduce -0.7% |
| SHEL Shell PLC-ADR | 0.31% | 242,786 | $17.1M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.30% | 157,017 | $16.9M | Reduce -8.0% |
| UBER Uber Technologies Inc. | 0.30% | 177,965 | $16.6M | Add +408.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 133,690 | $16.5M | Add +0.9% |
| EOG EOG Resources Inc. | 0.29% | 137,213 | $16.4M | Reduce -4.1% |
| INTU Intuit Inc. | 0.29% | 20,811 | $16.4M | Reduce -7.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.29% | 36,310 | $16.2M | Add +0.9% |
| ICE Intercontinental Exchange Inc. | 0.29% | 87,146 | $16.0M | Reduce -9.3% |
| MLM Martin Marietta Materials | 0.28% | 28,023 | $15.4M | Reduce -5.4% |
| TPL Texas Pacific Land Corp. | 0.27% | 14,514 | $15.3M | Reduce -18.8% |
| PLTR Palantir Technologies Inc. Class A | 0.26% | 104,980 | $14.3M | Reduce -3.4% |
| QCOM Qualcomm Inc. | 0.25% | 87,905 | $14.0M | Reduce -1.5% |
| BSX Boston Scientific Corp. | 0.25% | 128,038 | $13.8M | Reduce -5.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 76,693 | $13.6M | Add +48.4% |
| VOO Vanguard S&P 500 ETF | 0.23% | 22,923 | $13.1M | Reduce -2.8% |
| DE Deere & Co. | 0.23% | 24,958 | $12.7M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.22% | 506,874 | $12.3M | Reduce -1.9% |
| EXPE Expedia Group Inc. | 0.22% | 72,544 | $12.2M | New |
| PG The Procter & Gamble Co. | 0.20% | 71,574 | $11.4M | Reduce -0.3% |
| IJR iShares Core S&P Small-Cap E | 0.20% | 103,635 | $11.3M | Add +1.3% |
| FITB Fifth Third Bancorp | 0.20% | 268,796 | $11.2M | Reduce -9.7% |
| AGX Argan Inc. | 0.19% | 49,160 | $10.8M | Reduce -4.4% |
| IWF iShares Russell 1000 Growth | 0.18% | 24,176 | $10.3M | Reduce -3.9% |
| HWM Howmet Aerospace Inc. | 0.18% | 54,636 | $10.2M | Reduce -6.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 31,816 | $9.7M | Reduce -0.4% |
| IVV iShares Core S&P 500 ETF | 0.17% | 15,223 | $9.5M | Add +2.1% |
| RTX RTX Corp. | 0.17% | 64,592 | $9.4M | Reduce -5.2% |
| IAU iShares Gold Trust | 0.17% | 150,287 | $9.4M | Reduce -19.1% |
| IBIT iShares Bitcoin Trust ETF | 0.16% | 149,315 | $9.1M | Add +10.3% |
| IUSV iShares Core S&P U.S. Value | 0.16% | 95,643 | $9.1M | Add +0.2% |
| JNJ Johnson & Johnson | 0.15% | 55,190 | $8.4M | Reduce -6.9% |
| GPC Genuine Parts Co. | 0.15% | 66,745 | $8.2M | Reduce -0.3% |
| CHDN Churchill Downs Inc. | 0.14% | 79,494 | $8.0M | Reduce -0.8% |
| DHI D.R. Horton Inc. | 0.14% | 61,718 | $8.0M | Reduce -6.2% |
| MSI Motorola Solutions Inc. | 0.14% | 18,581 | $7.8M | Reduce -6.0% |
| LECO Lincoln Electric Holdings | 0.14% | 37,578 | $7.8M | Reduce -57.0% |
| PCYO Pure Cycle Corp. | 0.14% | 703,082 | $7.5M | Reduce -0.2% |
| IVW iShares S&P 500 Growth ETF | 0.13% | 66,539 | $7.3M | Reduce -0.1% |
| CEF Sprott Physical Gold and Sil | 0.13% | 237,789 | $7.2M | No change |
| KE Kimball Electronics Inc. | 0.11% | 322,505 | $6.2M | No change |
| IVE iShares S&P 500 Value ETF | 0.11% | 31,023 | $6.1M | No change |
| TSLA Tesla Inc. | 0.10% | 17,937 | $5.7M | Reduce -0.5% |
| VONG Vanguard Russell 1000 Growth | 0.09% | 47,309 | $5.2M | Add +3.4% |
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -97.0% | 0.03% | −1.78 |
| AAPL Apple Inc. | Reduce -1.0% | 5.09% | −1.04 |
| MRK Merck & Co. Inc. | Reduce -96.4% | 0.02% | −0.57 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.29 |
| CVX Chevron Corp. | Reduce -2.0% | 0.78% | −0.24 |
| TPL Texas Pacific Land Corp. | Reduce -18.8% | 0.27% | −0.19 |
| ABBV Abbvie Inc. | Reduce -0.7% | 0.76% | −0.19 |
| LECO Lincoln Electric Holdings | Reduce -57.0% | 0.14% | −0.19 |
| ORLY O'reilly Automotive Inc. | Reduce -1.4% | 0.68% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 0.57% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 1.77% | −0.12 |
| OC Owens Corning | Sold out | 0.00% | −0.11 |
| IT Gartner Inc. | Reduce -93.4% | 0.01% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -8.0% | 0.30% | −0.10 |
| GLD SPDR Gold Shares | Reduce -10.8% | 0.57% | −0.09 |
| MA Mastercard Inc. Class A | Reduce -2.3% | 0.95% | −0.09 |
| RSP Invesco S&P 500 Equal Weight | Reduce -6.0% | 0.73% | −0.08 |
| UNP Union Pacific Corp. | Reduce -3.1% | 0.45% | −0.07 |
| EOG EOG Resources Inc. | Reduce -4.1% | 0.29% | −0.07 |
| STLD Steel Dynamics Inc. | Reduce 0.0% | 0.77% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -66.6% | 0.02% | −0.05 |
| HD Home Depot Inc. | Reduce -0.1% | 0.49% | −0.05 |
| KO The Coca-Cola Co. | Reduce -0.8% | 0.40% | −0.05 |
| IAU iShares Gold Trust | Reduce -19.1% | 0.17% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -0.8% | 0.31% | −0.05 |
| GILD Gilead Sciences Inc. | Reduce -1.2% | 0.36% | −0.05 |
| WM Waste Management Inc. | Reduce -0.1% | 0.38% | −0.04 |
| JNJ Johnson & Johnson | Reduce -6.9% | 0.15% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -9.3% | 0.29% | −0.04 |
| B Barrick Mining Corp. | Reduce -88.9% | 0.00% | −0.04 |
| PFE Pfizer Inc. | Reduce -1.9% | 0.22% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 0.20% | −0.04 |
| GDX Vaneck Gold Miners ETF | Reduce -77.8% | 0.01% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -1.5% | 0.39% | −0.03 |
| FITB Fifth Third Bancorp | Reduce -9.7% | 0.20% | −0.03 |
| MTB M & T Bank Corp. | Reduce -3.4% | 0.62% | −0.03 |
| CHDN Churchill Downs Inc. | Reduce -0.8% | 0.14% | −0.03 |
| KEY Keycorp | Reduce -7.4% | 0.34% | −0.03 |
| MSI Motorola Solutions Inc. | Reduce -6.0% | 0.14% | −0.03 |
| GDXJ Vaneck Junior Gold Miners | Reduce -89.2% | 0.00% | −0.03 |
| ADBE Adobe Inc. | Reduce -80.1% | 0.01% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -5.6% | 0.25% | −0.02 |
| DHI D.R. Horton Inc. | Reduce -6.2% | 0.14% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -1.5% | 0.25% | −0.02 |
| LQDA Liquidia Corp. | Reduce -38.0% | 0.02% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.2% | 0.04% | −0.02 |
| MP MP Materials Corp. | Reduce -44.6% | 0.04% | −0.02 |
| LNG Cheniere Energy Inc. | Reduce -43.1% | 0.02% | −0.02 |
| SLV iShares Silver Trust | Reduce -39.4% | 0.02% | −0.02 |
| CTRA Coterra Energy Inc. | Reduce -46.7% | 0.01% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +0.4% | 2.31% | +0.57 |
| META Meta Platforms Inc. Class A | Add +12.2% | 2.30% | +0.54 |
| DIS The Walt Disney Co. | Add +82.8% | 0.90% | +0.47 |
| BKNG Booking Holdings Inc. | Add +39.2% | 1.07% | +0.40 |
| GEV GE Vernova Inc. | Add +4.7% | 1.00% | +0.39 |
| VRT Vertiv Holdings Co. Class A | Add +97.3% | 0.48% | +0.33 |
| UBER Uber Technologies Inc. | Add +408.2% | 0.30% | +0.25 |
| EXPE Expedia Group Inc. | New | 0.22% | +0.22 |
| LEN Lennar Corp. Class A | Add +114.9% | 0.46% | +0.22 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.3% | 0.54% | +0.11 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +18.8% | 0.34% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +48.4% | 0.24% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +0.0% | 0.48% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | Add +10.3% | 0.16% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +239.8% | 0.05% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +27.6% | 0.09% | +0.02 |
| IJS iShares S&P Small-Cap 600 Va | Add +60.9% | 0.07% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.6% | 1.09% | +0.02 |
| VIDI Vident Intl Eqty Strat ETF | New | 0.02% | +0.02 |
| FDVV Fidelity High Dividend ETF | New | 0.02% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.02% | +0.02 |
| VUSE Vident US Eqty Strat ETF | New | 0.01% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +32.4% | 0.06% | +0.01 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.01% | +0.01 |
| CEG Constellation Energy | Add +58.2% | 0.02% | +0.01 |
| KRMN Karman Holdings Inc. | New | 0.01% | +0.01 |
| IPAC iShares Core MSCI Pacific Et | New | 0.01% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +23.8% | 0.06% | +0.01 |
| NOW ServiceNow Inc. | Add +50.8% | 0.02% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +158.5% | 0.02% | +0.01 |
| CNC Centene Corp. | New | 0.01% | +0.01 |
| VGIT Vanguard Intermediate-Term T | New | 0.01% | +0.01 |
| VONG Vanguard Russell 1000 Growth | Add +3.4% | 0.09% | +0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +15.2% | 0.06% | +0.01 |
| WFC Wells Fargo & Co. | Add +0.4% | 0.49% | +0.01 |
| AMT American Tower Corp. | New | 0.01% | +0.01 |
| XLF SS Financial Select Sector | Add +97.2% | 0.02% | +0.01 |
| MU Micron Technology Inc. | Add +39.3% | 0.01% | +0.01 |
| SPOT Spotify Technology SA | New | 0.01% | +0.01 |
| DXJ Wisdomtree Japan Hedged Eq | New | 0.00% | +0.00 |
| ETN Eaton Corp. PLC | New | 0.00% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +26.3% | 0.02% | +0.00 |
| AXP American Express Co. | Add +8.2% | 0.03% | +0.00 |
| DKNG Draftkings Inc. Class A | Add +15.5% | 0.02% | +0.00 |
| SUB iShares Short-Term National | New | 0.00% | +0.00 |
| ROK Rockwell Automation Inc. | New | 0.00% | +0.00 |
| EQT Eqt Corp. | Add +1.6% | 0.66% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +2.1% | 0.17% | +0.00 |
| MSTR Strategy Inc. | Add +0.0% | 0.02% | +0.00 |
| NVS Novartis AG-Sponsored ADR | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 396 | $7.6B | LLY, SQS, APP, AAPL, GOOGL |
| Q1 2026Amended | 443 | $6.6B | LLY, SQS, APP, AAPL, GOOGL |
| Q4 2025 | 417 | $7.1B | LLY, APP, AAPL, MSFT, GOOGL |
| Q3 2025 | 388 | $6.5B | LLY, APP, AAPL, MSFT, AVGO |
| Q2 2025 | 373 | $5.6B | LLY, APP, MSFT, AAPL, VST |
| Q1 2025 | 364 | $5.1B | LLY, APP, AAPL, MSFT, GOOGL |
| Q4 2024 | 367 | $5.2B | LLY, APP, AAPL, MSFT, GOOGL |
| Q3 2024 | 389 | $5.0B | LLY, AAPL, MSFT, APP, GOOGL |
| Q2 2024 | 364 | $4.8B | LLY, MSFT, AAPL, APP, GOOGL |
| Q1 2024 | 369 | $4.5B | LLY, APP, MSFT, AAPL, GOOGL |