Yarbrough Capital, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Yarbrough Capital, LLC reported 195 stock positions worth $2.3 billion. Its top holding was Apple (AAPL) at 17.2% of the portfolio, followed by Nvidia (NVDA, 15.4%) and Amazon.com (AMZN, 7.1%). Compared with Q4 2024, it opened 24 new positions, sold out of 18, added to 28 and reduced 18. The biggest buy was Meta Platforms Class A (META, shares +2%) and the biggest sale Apple (AAPL, shares −6%).

Most Recent 13F
Q2 2026
Location
FRANKLIN, TN
CIK
0001767686
Portfolio Value
$2.3B (Q1 2025)
SEC Filing
0001754960-25-000177 ↗ filed Apr 14, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.3B Q1 2024 Q2 2024: $2.4B Q2 2024 Q3 2024: $2.5B Q3 2024 Q4 2024: $2.6B Q4 2024 Q1 2025: $2.3B $2.3B Q1 2025 Q2 2025: $2.8B Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.2B Q4 2025 Q1 2026: $2.9B Q1 2026 Q2 2026: $3.3B Q2 2026

Holdings 195 stocks · $2.3B
AAPL Apple Inc. 17.16% 1,797,645 $399.3M Reduce -6.3%
NVDA Nvidia Corp. 15.39% 3,304,972 $358.2M Add +4.3%
AMZN Amazon.com Inc. 7.09% 867,680 $165.1M Add +0.3%
GOOGL Alphabet Inc. Class A 7.03% 1,057,680 $163.6M Add +0.1%
META Meta Platforms Inc. Class A 6.44% 260,034 $149.9M Add +2.1%
VOO Vanguard S&P 500 ETF 4.78% 216,447 $111.2M No change
VTI VG Morningstar TS MKT ETF-US 3.67% 310,912 $85.5M No change
QQQ Invesco QQQ Trust Series 1 2.82% 139,882 $65.6M No change
AVGO Broadcom Inc. 2.13% 295,503 $49.5M Add +3.6%
MSFT Microsoft Corp. 2.09% 129,794 $48.7M No change
VGT Vanguard Info Tech ETF 2.08% 89,058 $48.3M No change
VT Vanguard Tot World STK ETF 1.94% 390,377 $45.3M No change
GOOG Alphabet Inc. Class C 1.34% 199,960 $31.2M No change
GRMN Garmin Ltd. 1.34% 143,870 $31.2M No change
FANG Diamondback Energy Inc. 1.15% 167,047 $26.7M No change
QCOM Qualcomm Inc. 1.09% 164,826 $25.3M No change
XLK SS Technology Select Sector 1.08% 122,040 $25.2M No change
JPM JPMorgan Chase & Co. 1.03% 97,875 $24.0M No change
GS Goldman Sachs Group Inc. 0.87% 37,230 $20.3M No change
CRM Salesforce Inc. 0.84% 72,522 $19.5M No change
FENY Fidelity MSCI Energy Index 0.78% 711,695 $18.2M No change
SMH Vaneck Semiconductor ETF 0.74% 81,148 $17.2M Add +40.4%
IBIT iShares Bitcoin Trust ETF 0.72% 360,149 $16.9M Add +15.7%
V Visa Inc. Class A 0.71% 47,264 $16.6M No change
SOXX iShares Semiconductor ETF 0.67% 82,383 $15.5M No change
BABA Alibaba Group Holding-SP ADR 0.63% 111,581 $14.8M No change
BA The Boeing Co. 0.58% 79,645 $13.6M Reduce -4.2%
BX Blackstone Inc. 0.57% 94,255 $13.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.53% 295,081 $12.3M No change
PINS Pinterest Inc. Class A 0.47% 350,470 $10.9M No change
SHOP Shopify Inc. Class A 0.45% 110,020 $10.5M Add +12.9%
XLF SS Financial Select Sector 0.43% 200,000 $10.0M No change
MPC Marathon Petroleum Corp. 0.41% 65,706 $9.6M No change
BP BP PLC-Spons ADR 0.41% 283,148 $9.6M No change
ADBE Adobe Inc. 0.35% 21,395 $8.2M Reduce -19.9%
RTX RTX Corp. 0.34% 59,996 $7.9M Add +14.8%
ARKF ARK Blockchain & Fintech Inn 0.34% 238,709 $7.9M No change
MA Mastercard Inc. Class A 0.33% 13,878 $7.6M No change
HD Home Depot Inc. 0.29% 18,538 $6.8M No change
IHI iShares U.S. Medical Devices 0.27% 104,660 $6.3M No change
TTWO Take-Two Interactive Softwre 0.26% 29,548 $6.1M No change
MELI MercadoLibre Inc. 0.26% 3,132 $6.1M Add +20.9%
ALLY Ally Financial Inc. 0.26% 167,087 $6.1M No change
WCLD Wisdomtree Cloud Computing 0.23% 165,470 $5.4M No change
FBT First Trust Nyse Arca Biotec 0.23% 31,160 $5.3M No change
XOM Exxon Mobil Corp. 0.23% 44,400 $5.3M No change
PDD PDD Holdings Inc. 0.22% 42,881 $5.1M Add +114.1%
PLTR Palantir Technologies Inc. Class A 0.21% 58,562 $4.9M Reduce -46.0%
CVX Chevron Corp. 0.21% 29,107 $4.9M No change
ITA iShares U.S. Aerospace & Def 0.20% 30,393 $4.7M No change
OXY Occidental Petroleum Corp. 0.19% 91,448 $4.5M No change
STT State Street Corp. 0.19% 49,518 $4.4M No change
SHEL Shell PLC-ADR 0.18% 57,590 $4.2M No change
HCA HCA Healthcare Inc. 0.18% 11,898 $4.1M No change
XSD SS SPDR S&P Semiconductor 0.17% 20,263 $4.1M No change
ASML ASML Holding NV-NY Reg SHS 0.17% 6,082 $4.0M Add +38.2%
BSX Boston Scientific Corp. 0.17% 38,456 $3.9M No change
SPG Simon Property Group Inc. 0.15% 21,500 $3.6M No change
CRWD CrowdStrike Holdings Inc. Class A 0.15% 9,845 $3.5M Add +34.3%
AMD Advanced Micro Devices 0.15% 32,864 $3.4M Add +121.1%
VEEV Veeva Systems Inc. Class A 0.12% 12,048 $2.8M Reduce -38.0%
WFC Wells Fargo & Co. 0.12% 37,485 $2.7M No change
ARKK ARK Innovation ETF 0.11% 56,176 $2.7M No change
UBER Uber Technologies Inc. 0.11% 35,543 $2.6M Add +69.3%
MAR Marriott International Class A 0.11% 10,853 $2.6M No change
RSPT Invesco S&P 500 Equal Weight 0.11% 74,180 $2.5M No change
KRE SS SPDR S&P Regional Bank 0.11% 43,363 $2.5M No change
DKNG Draftkings Inc. Class A 0.10% 71,800 $2.4M No change
ADSK Autodesk Inc. 0.10% 8,770 $2.3M Reduce -55.8%
ANET Arista Networks Inc. 0.10% 29,380 $2.3M Add +183.3%
TSM Taiwan Semiconductor-SP ADR 0.10% 13,657 $2.3M No change
WDAY Workday Inc. Class A 0.10% 9,665 $2.3M No change
HIG Hartford Insurance Group Inc. 0.09% 17,690 $2.2M No change
TOST Toast Inc. Class A 0.09% 64,215 $2.1M Add +208.9%
PYPL PayPal Holdings Inc. 0.08% 29,111 $1.9M No change
HOOD Robinhood Markets Inc. Class A 0.08% 45,000 $1.9M New
LRCX Lam Research Corp. 0.08% 25,732 $1.9M Add +104.7%
ACHR Archer Aviation Inc. Class A 0.07% 237,253 $1.7M Reduce -61.7%
FISV Fiserv Inc. 0.06% 6,499 $1.4M Reduce -33.4%
NOW ServiceNow Inc. 0.06% 1,680 $1.3M Add +128.9%
SOUN Soundhound AI Inc. Class A 0.05% 154,936 $1.3M New
GEV GE Vernova Inc. 0.05% 4,076 $1.2M Add +41.2%
SPXC SPX Technologies Inc. 0.05% 9,495 $1.2M Add +34.3%
PANW Palo Alto Networks Inc. 0.05% 7,162 $1.2M No change
ALL Allstate Corp. 0.05% 5,798 $1.2M No change
ROL Rollins Inc. 0.05% 22,071 $1.2M Add +46.9%
IVV iShares Core S&P 500 ETF 0.05% 2,098 $1.2M No change
LPLA LPL Financial Holdings Inc. 0.05% 3,361 $1.1M No change
CBZ Cbiz Inc. 0.05% 14,346 $1.1M No change
PODD Insulet Corp. 0.05% 4,062 $1.1M No change
VMI Valmont Industries 0.05% 3,730 $1.1M Add +42.4%
CSGP Costar Group Inc. 0.04% 12,810 $1.0M Reduce -66.3%
LRN Stride Inc. 0.04% 8,022 $1.0M No change
JOBY Joby Aviation Inc. 0.04% 167,483 $1.0M No change
LLY Eli Lilly & Co. 0.04% 1,213 $1.0M New
APP AppLovin Corp. Class A 0.04% 3,708 $983K New
ASTS Ast Spacemobile Inc. 0.04% 42,633 $969K New
QBTS D-Wave Quantum Inc. 0.04% 121,060 $920K New
XBI SS SPDR S&P Biotech ETF 0.04% 11,100 $900K Reduce -70.3%
RYAN Ryan Specialty Holdings Inc. 0.04% 11,999 $886K No change

Show all 195 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $663K (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 23,959$663KNo change

Total filed on the 13F, all lines: $2.3B.

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -6.3% 17.16% −1.31
XYZ Block Inc. Reduce -78.5% 0.03% −0.16
ACHR Archer Aviation Inc. Class A Reduce -61.7% 0.07% −0.16
EA Electronic Arts Inc. Sold out 0.00% −0.15
ADSK Autodesk Inc. Reduce -55.8% 0.10% −0.13
ADBE Adobe Inc. Reduce -19.9% 0.35% −0.10
PLTR Palantir Technologies Inc. Class A Reduce -46.0% 0.21% −0.10
XBI SS SPDR S&P Biotech ETF Reduce -70.3% 0.04% −0.09
CSGP Costar Group Inc. Reduce -66.3% 0.04% −0.06
UNH Unitedhealth Group Inc. Sold out 0.00% −0.06
VEEV Veeva Systems Inc. Class A Reduce -38.0% 0.12% −0.04
GWRE Guidewire Software Inc. Reduce -64.0% 0.02% −0.03
INTU Intuit Inc. Sold out 0.00% −0.03
AXP American Express Co. Sold out 0.00% −0.02
TREX Trex Company Inc. Reduce -62.1% 0.01% −0.02
PLNT Planet Fitness Inc. Class A Sold out 0.00% −0.02
MEC Mayville Engineering Co. Inc. Sold out 0.00% −0.02
PGR Progressive Corp. Reduce -51.0% 0.03% −0.02
FISV Fiserv Inc. Reduce -33.4% 0.06% −0.02
TCMD Tactile Systems Technology I Sold out 0.00% −0.02
ORCL Oracle Corp. Reduce -42.1% 0.02% −0.02
SMG Scotts Miracle-Gro Co. Reduce -28.8% 0.03% −0.01
POOL Pool Corp. Sold out 0.00% −0.01
SRPT Sarepta Therapeutics Inc. Sold out 0.00% −0.01
CRSP Crispr Therapeutics AG Sold out 0.00% −0.01
DHR Danaher Corp. Sold out 0.00% −0.01
MDB Mongodb Inc. Sold out 0.00% −0.01
NEOG Neogen Corp. Sold out 0.00% −0.01
VKTX Viking Therapeutics Inc. Sold out 0.00% −0.01
THS Treehouse Foods Inc. Sold out 0.00% −0.01
BJ Bj's Wholesale Club Holdings Reduce -47.0% 0.03% −0.01
DXCM Dexcom Inc. Sold out 0.00% −0.01
SPT Sprout Social Inc. Class A Sold out 0.00% −0.01
RVNC Revance Therapeutics Inc. Sold out 0.00% −0.00
AGL Agilon Health Inc. Reduce -43.0% 0.00% +0.00
BA The Boeing Co. Reduce -4.2% 0.58% +0.02

Portfolio Buys Q4 2024 → Q1 2025
META Meta Platforms Inc. Class A Add +2.1% 6.44% +0.71
SMH Vaneck Semiconductor ETF Add +40.4% 0.74% +0.20
PDD PDD Holdings Inc. Add +114.1% 0.22% +0.14
RTX RTX Corp. Add +14.8% 0.34% +0.11
MELI MercadoLibre Inc. Add +20.9% 0.26% +0.09
IBIT iShares Bitcoin Trust ETF Add +15.7% 0.72% +0.09
HOOD Robinhood Markets Inc. Class A New 0.08% +0.08
AMD Advanced Micro Devices Add +121.1% 0.15% +0.08
UBER Uber Technologies Inc. Add +69.3% 0.11% +0.06
TOST Toast Inc. Class A Add +208.9% 0.09% +0.06
ASML ASML Holding NV-NY Reg SHS Add +38.2% 0.17% +0.06
SOUN Soundhound AI Inc. Class A New 0.05% +0.05
ANET Arista Networks Inc. Add +183.3% 0.10% +0.05
SHOP Shopify Inc. Class A Add +12.9% 0.45% +0.05
CRWD CrowdStrike Holdings Inc. Class A Add +34.3% 0.15% +0.05
LRCX Lam Research Corp. Add +104.7% 0.08% +0.05
LLY Eli Lilly & Co. New 0.04% +0.04
APP AppLovin Corp. Class A New 0.04% +0.04
ASTS Ast Spacemobile Inc. New 0.04% +0.04
QBTS D-Wave Quantum Inc. New 0.04% +0.04
NOW ServiceNow Inc. Add +128.9% 0.06% +0.03
ROL Rollins Inc. Add +46.9% 0.05% +0.02
IRTC Irhythm Holdings Inc. New 0.02% +0.02
CRWV Coreweave Inc. Class A New 0.02% +0.02
CWST Casella Waste Systems Inc. Class A Add +102.7% 0.03% +0.02
WM Waste Management Inc. New 0.02% +0.02
GEV GE Vernova Inc. Add +41.2% 0.05% +0.02
RGTI Rigetti Computing Inc. New 0.02% +0.02
NTNX Nutanix Inc. Class A New 0.02% +0.02
IONQ Ionq Inc. New 0.02% +0.02
GCMG GCM Grosvenor Inc. Class A New 0.02% +0.02
WSO Watsco Inc. New 0.02% +0.02
AYI Acuity Inc. New 0.02% +0.02
ARM Arm Holdings PLC-ADR New 0.02% +0.02
CHWY Chewy Inc. Class A Add +55.0% 0.04% +0.02
CCC CCC Intelligent Solutions Ho New 0.02% +0.02
JLL Jones Lang Lasalle Inc. New 0.01% +0.01
VMI Valmont Industries Add +42.4% 0.05% +0.01
STVN Stevanato Group SPA New 0.01% +0.01
PTLO Portillo's Inc. Class A New 0.01% +0.01
SPXC SPX Technologies Inc. Add +34.3% 0.05% +0.01
AIOT Powerfleet Inc. Add +105.3% 0.03% +0.01
FA First Advantage Corp. New 0.01% +0.01
CRDF Cardiff Oncology Inc. New 0.01% +0.01
QTUM Defiance Quantum ETF New 0.01% +0.01
AXON Axon Enterprise Inc. Add +100.0% 0.02% +0.01
QUBT Quantum Computing Inc. New 0.01% +0.01
PONY Pony AI Inc. Add +38.0% 0.04% −0.00
AMZN Amazon.com Inc. Add +0.3% 7.09% −0.20
AVGO Broadcom Inc. Add +3.6% 2.13% −0.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 88$3.3BNVDA, AAPL, GOOGL, AMZN, META
Q1 2026 85$2.9BNVDA, AAPL, GOOGL, AMZN, META
Q4 2025 158$3.2BNVDA, AAPL, GOOGL, AMZN, META
Q3 2025 155$3.2BNVDA, AAPL, GOOGL, META, AMZN
Q2 2025 151$2.8BNVDA, AAPL, META, AMZN, GOOGL
Q1 2025 195$2.3BAAPL, NVDA, AMZN, GOOGL, META
Q4 2024 189$2.6BAAPL, NVDA, GOOGL, AMZN, META
Q3 2024 199$2.5BAAPL, NVDA, GOOGL, AMZN, META
Q2 2024 196$2.4BAAPL, NVDA, GOOGL, AMZN, META
Q1 2024 194$2.3BAAPL, AMZN, NVDA, GOOGL, META