Zevenbergen Capital Investments LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Zevenbergen Capital Investments LLC reported 102 stock positions worth $4.7 billion. Its top holding was Nvidia (NVDA) at 9.6% of the portfolio, followed by Amazon.com (AMZN, 6.2%) and Tesla (TSLA, 5.2%). Compared with Q1 2024, it opened 8 new positions, sold out of 10, added to 23 and reduced 61. The biggest buy was a new position in Spotify Technology (SPOT) and the biggest sale an exit from Doubleverify (DV).

Most Recent 13F
Q2 2026
Location
EDMONDS, WA
CIK
0001276918
Portfolio Value
$4.7B (Q2 2024)
SEC Filing
0001276918-24-000006 ↗ filed Aug 13, 2024

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $4.7B Q1 2024 Q2 2024: $4.7B $4.7B Q2 2024 Q3 2024: $4.8B Q3 2024 Q4 2024: $4.9B Q4 2024 Q1 2025: $4.1B Q1 2025 Q2 2025: $5.1B Q2 2025 Q3 2025: $5.1B Q3 2025 Q4 2025: $4.5B Q4 2025 Q1 2026: $3.5B Q1 2026 Q2 2026: $4.4B Q2 2026

Holdings 102 stocks · $4.7B
NVDA Nvidia Corp. 9.64% 3,644,419 $450.2M Reduce -29.3%
AMZN Amazon.com Inc. 6.17% 1,491,843 $288.3M Reduce -5.9%
TSLA Tesla Inc. 5.19% 1,224,074 $242.2M Add +0.9%
MELI MercadoLibre Inc. 4.96% 141,002 $231.7M Reduce -0.2%
META Meta Platforms Inc. Class A 4.87% 450,762 $227.3M Reduce -0.6%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 4.70% 2,246,397 $219.4M Reduce -6.1%
SHOP Shopify Inc. Class A 4.01% 2,838,839 $187.5M Add +11.5%
AMD Advanced Micro Devices 3.64% 1,046,859 $169.8M Reduce -4.0%
MSFT Microsoft Corp. 3.17% 330,948 $147.9M Reduce -1.0%
UBER Uber Technologies Inc. 3.14% 2,014,946 $146.4M Reduce -6.2%
AXON Axon Enterprise Inc. 3.12% 495,346 $145.8M Reduce -0.1%
GOOG Alphabet Inc. Class C 2.95% 752,450 $138.0M Reduce -6.3%
NOW ServiceNow Inc. 2.71% 161,133 $126.8M Add +0.4%
NFLX Netflix Inc. 2.39% 165,647 $111.8M Reduce -3.7%
AAPL Apple Inc. 2.23% 495,312 $104.3M Add +10.6%
CRWD CrowdStrike Holdings Inc. Class A 2.12% 258,260 $99.0M Reduce -2.2%
PANW Palo Alto Networks Inc. 2.11% 290,589 $98.5M Reduce -16.6%
SNOW Snowflake Inc. 1.91% 661,520 $89.4M Reduce -2.7%
ASML ASML Holding NV-NY Reg SHS 1.89% 86,160 $88.1M Add +3.0%
ELF Elf Beauty Inc. 1.72% 380,944 $80.3M Reduce -3.0%
FSLR First Solar Inc. 1.58% 326,756 $73.7M Reduce -11.5%
WING Wingstop Inc. 1.55% 171,546 $72.5M Reduce -6.3%
ABNB Airbnb Inc. Class A 1.50% 463,258 $70.2M Reduce -5.7%
EXAS Exact Sciences Corp. 1.32% 1,462,915 $61.8M Add +7.5%
AVGO Broadcom Inc. 1.28% 37,235 $59.8M Add +17.5%
ARM Arm Holdings PLC-ADR 1.24% 354,025 $57.9M Add +86.7%
CDNS Cadence Design SYS Inc. 1.17% 177,202 $54.5M Reduce -0.9%
NTRA Natera Inc. 1.13% 485,772 $52.6M Reduce -0.4%
TOST Toast Inc. Class A 1.04% 1,884,387 $48.6M Add +26.6%
SPOT Spotify Technology SA 1.01% 149,872 $47.0M New
Z Zillow Group Inc. Class C 0.98% 986,968 $45.8M Reduce -14.4%
VEEV Veeva Systems Inc. Class A 0.95% 241,635 $44.2M Reduce -3.9%
MPWR Monolithic Power Systems Inc. 0.91% 51,978 $42.7M Reduce -1.7%
MU Micron Technology Inc. 0.86% 305,800 $40.2M Reduce -1.4%
HUBS HubSpot Inc. 0.70% 55,655 $32.8M Add +58.8%
DDOG Datadog Inc. Class A 0.62% 223,765 $29.0M Add +2.6%
ONON On Holding AG Class A filed as ON HLDG AG 0.60% 720,263 $27.9M Reduce -8.9%
MDB Mongodb Inc. 0.51% 94,385 $23.6M Reduce -1.1%
V Visa Inc. Class A 0.50% 88,953 $23.3M Add +21.1%
ORCL Oracle Corp. 0.50% 164,530 $23.2M Reduce -0.1%
QCOM Qualcomm Inc. 0.50% 116,517 $23.2M Add +25.8%
SYM Symbotic Inc. 0.49% 653,609 $23.0M Add +81.0%
ANET Arista Networks Inc. 0.48% 63,350 $22.2M Add +0.6%
DELL Dell Technologies -C 0.44% 150,000 $20.7M Add +275.0%
ADBE Adobe Inc. 0.36% 30,000 $16.7M Reduce -33.6%
AMAT Applied Materials Inc. 0.35% 70,000 $16.5M No change
RGEN Repligen Corp. 0.35% 128,647 $16.2M Reduce -1.5%
INTU Intuit Inc. 0.34% 24,001 $15.8M Reduce -0.3%
KLAC KLA Corp. 0.32% 18,000 $14.8M No change
EVH Evolent Health Inc. Class A 0.32% 773,382 $14.8M Add +36.7%
PCOR Procore Technologies Inc. 0.31% 217,160 $14.4M New
BKNG Booking Holdings Inc. 0.27% 3,142 $12.4M Reduce -11.3%
APH Amphenol Corp. Class A 0.25% 170,100 $11.5M Reduce -26.3%
DLO Dlocal Ltd. 0.21% 1,203,321 $9.7M Reduce -8.6%
VRT Vertiv Holdings Co. Class A 0.17% 90,000 $7.8M New
PCTY Paylocity Holding Corp. 0.16% 57,740 $7.6M Reduce -29.5%
DKNG Draftkings Inc. Class A 0.15% 182,865 $7.0M Add +207.2%
COST Costco Wholesale Corp. 0.15% 8,185 $7.0M Reduce -2.9%
NXPI NXP Semiconductors NV 0.14% 25,000 $6.7M Reduce -70.6%
BR Broadridge Financial Solutio 0.14% 33,940 $6.7M Reduce -15.2%
JPM JPMorgan Chase & Co. 0.13% 29,943 $6.1M Reduce -1.2%
APPF Appfolio Inc. Class A 0.12% 22,450 $5.5M New
PGR Progressive Corp. 0.08% 18,905 $3.9M Reduce -2.1%
HD Home Depot Inc. 0.08% 11,192 $3.9M Reduce -1.4%
BLK BlackRock Finance Inc. 0.08% 4,563 $3.6M Reduce -1.4%
CTAS Cintas Corp. 0.08% 5,050 $3.5M Reduce -1.4%
RIVN Rivian Automotive Inc. Class A 0.07% 250,517 $3.4M Reduce -1.6%
AMGN Amgen Inc. 0.07% 9,874 $3.1M Add +5.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 5,092 $2.8M Reduce -4.3%
ZTS Zoetis Inc. 0.06% 15,360 $2.7M Reduce -0.5%
PAYX Paychex Inc. 0.06% 22,125 $2.6M Reduce -1.2%
PCAR Paccar Inc. 0.05% 23,065 $2.4M Reduce -2.0%
ABT Abbott Laboratories 0.05% 22,834 $2.4M Reduce -4.7%
JNJ Johnson & Johnson 0.04% 13,879 $2.0M Reduce -6.8%
GLBE Global-E Online Ltd. 0.04% 54,330 $2.0M Reduce -96.8%
BE Bloom Energy Corp. Class A 0.04% 141,150 $1.7M New
BX Blackstone Inc. 0.04% 13,885 $1.7M Reduce -2.4%
STZ Constellation Brands Inc. Class A 0.04% 6,660 $1.7M Reduce -3.1%
CDW CDW Corp. 0.04% 7,630 $1.7M Reduce -67.3%
DBRG Digitalbridge Group Inc. 0.03% 100,000 $1.4M Reduce -53.0%
ECL Ecolab Inc. 0.03% 5,605 $1.3M Add +1.1%
BDX Becton Dickinson and Co. 0.03% 5,060 $1.2M Reduce -14.7%
NEE Nextera Energy Inc. 0.02% 14,628 $1.0M New
TSCO Tractor Supply Company 0.02% 3,615 $976K Add +5.9%
SBUX Starbucks Corp. 0.02% 11,857 $923K Reduce -38.1%
CAVA Cava Group Inc. 0.02% 8,730 $810K Add +7.1%
GOOGL Alphabet Inc. Class A 0.02% 4,445 $810K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 8,139 $808K Reduce -3.7%
CSCO Cisco Systems Inc. 0.02% 16,345 $777K Reduce -87.3%
DSI iShares ESG MSCI KLD 400 ETF 0.01% 6,750 $701K Add +202.0%
ACN Accenture PLC Class A 0.01% 1,908 $579K Reduce -91.6%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 5,303 $564K Reduce -17.8%
TDW Tidewater Inc. 0.01% 5,900 $562K No change
CRDO Credo Technology Group Holdi 0.01% 16,200 $517K New
INDI Indie Semiconductor Inc. Class A 0.01% 74,000 $457K No change
XMTR Xometry Inc. Class A 0.01% 34,200 $395K Reduce -80.7%
AXP American Express Co. 0.01% 1,700 $394K No change
ABBV Abbvie Inc. 0.01% 1,923 $330K No change
ODD Oddity Tech Ltd. Class A 0.01% 7,400 $291K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 650 $254K No change

Show all 102 holdings

Portfolio Sells Q1 2024 → Q2 2024
DV Doubleverify Holdings Inc. Sold out 0.00% −1.56
GLBE Global-E Online Ltd. Reduce -96.8% 0.04% −1.25
AMD Advanced Micro Devices Reduce -4.0% 3.64% −0.54
SNOW Snowflake Inc. Reduce -2.7% 1.91% −0.42
UBER Uber Technologies Inc. Reduce -6.2% 3.14% −0.38
CRM Salesforce Inc. Sold out 0.00% −0.37
NXPI NXP Semiconductors NV Reduce -70.6% 0.14% −0.30
VEEV Veeva Systems Inc. Class A Reduce -3.9% 0.95% −0.29
MA Mastercard Inc. Class A Sold out 0.00% −0.26
NVDA Nvidia Corp. Reduce -29.3% 9.64% −0.24
MDB Mongodb Inc. Reduce -1.1% 0.51% −0.22
ABNB Airbnb Inc. Class A Reduce -5.7% 1.50% −0.22
Z Zillow Group Inc. Class C Reduce -14.4% 0.98% −0.21
DLO Dlocal Ltd. Reduce -8.6% 0.21% −0.20
ZS Zscaler Inc. Sold out 0.00% −0.19
AXON Axon Enterprise Inc. Reduce -0.1% 3.12% −0.17
RGEN Repligen Corp. Reduce -1.5% 0.35% −0.16
ACN Accenture PLC Class A Reduce -91.6% 0.01% −0.15
PCTY Paylocity Holding Corp. Reduce -29.5% 0.16% −0.14
ADBE Adobe Inc. Reduce -33.6% 0.36% −0.13
CSCO Cisco Systems Inc. Reduce -87.3% 0.02% −0.12
CDW CDW Corp. Reduce -67.3% 0.04% −0.09
DBRG Digitalbridge Group Inc. Reduce -53.0% 0.03% −0.06
SPT Sprout Social Inc. Class A Sold out 0.00% −0.06
XMTR Xometry Inc. Class A Reduce -80.7% 0.01% −0.06
APH Amphenol Corp. Class A Reduce -26.3% 0.25% −0.04
BR Broadridge Financial Solutio Reduce -15.2% 0.14% −0.03
SBUX Starbucks Corp. Reduce -38.1% 0.02% −0.02
NKE Nike Inc. Class B Sold out 0.00% −0.01
CDNS Cadence Design SYS Inc. Reduce -0.9% 1.17% −0.01
PCAR Paccar Inc. Reduce -2.0% 0.05% −0.01
HD Home Depot Inc. Reduce -1.4% 0.08% −0.01
EL Estee Lauder Companies Class A Reduce -17.8% 0.01% −0.01
ABT Abbott Laboratories Reduce -4.7% 0.05% −0.01
JNJ Johnson & Johnson Reduce -6.8% 0.04% −0.01
BKNG Booking Holdings Inc. Reduce -11.3% 0.27% −0.01
BDX Becton Dickinson and Co. Reduce -14.7% 0.03% −0.01
BLK BlackRock Finance Inc. Reduce -1.4% 0.08% −0.01
BILL Bill Holdings Inc. Sold out 0.00% −0.00
LEN Lennar Corp. Class A Sold out 0.00% −0.00
DIS The Walt Disney Co. Reduce -3.7% 0.02% −0.00
SVV Savers Value Village Inc. Sold out 0.00% −0.00
MRK Merck & Co. Inc. Sold out 0.00% −0.00
STZ Constellation Brands Inc. Class A Reduce -3.1% 0.04% −0.00
BX Blackstone Inc. Reduce -2.4% 0.04% −0.00
PAYX Paychex Inc. Reduce -1.2% 0.06% −0.00
PGR Progressive Corp. Reduce -2.1% 0.08% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.3% 0.06% +0.00
JPM JPMorgan Chase & Co. Reduce -1.2% 0.13% +0.00
CTAS Cintas Corp. Reduce -1.4% 0.08% +0.00

Portfolio Buys Q1 2024 → Q2 2024
SPOT Spotify Technology SA New 1.01% +1.01
ARM Arm Holdings PLC-ADR Add +86.7% 1.24% +0.74
TSLA Tesla Inc. Add +0.9% 5.19% +0.66
AAPL Apple Inc. Add +10.6% 2.23% +0.60
AVGO Broadcom Inc. Add +17.5% 1.28% +0.39
DELL Dell Technologies -C Add +275.0% 0.44% +0.35
PCOR Procore Technologies Inc. New 0.31% +0.31
TOST Toast Inc. Class A Add +26.6% 1.04% +0.25
HUBS HubSpot Inc. Add +58.8% 0.70% +0.24
VRT Vertiv Holdings Co. Class A New 0.17% +0.17
QCOM Qualcomm Inc. Add +25.8% 0.50% +0.16
ASML ASML Holding NV-NY Reg SHS Add +3.0% 1.89% +0.16
SYM Symbotic Inc. Add +81.0% 0.49% +0.15
APPF Appfolio Inc. Class A New 0.12% +0.12
NOW ServiceNow Inc. Add +0.4% 2.71% +0.12
DKNG Draftkings Inc. Class A Add +207.2% 0.15% +0.09
ANET Arista Networks Inc. Add +0.6% 0.48% +0.09
V Visa Inc. Class A Add +21.1% 0.50% +0.06
DDOG Datadog Inc. Class A Add +2.6% 0.62% +0.05
BE Bloom Energy Corp. Class A New 0.04% +0.04
NEE Nextera Energy Inc. New 0.02% +0.02
CRDO Credo Technology Group Holdi New 0.01% +0.01
DSI iShares ESG MSCI KLD 400 ETF Add +202.0% 0.01% +0.01
AMGN Amgen Inc. Add +5.0% 0.07% +0.01
ODD Oddity Tech Ltd. Class A New 0.01% +0.01
CAVA Cava Group Inc. Add +7.1% 0.02% +0.01
TSCO Tractor Supply Company Add +5.9% 0.02% +0.00
ECL Ecolab Inc. Add +1.1% 0.03% +0.00
EVH Evolent Health Inc. Class A Add +36.7% 0.32% −0.08
SHOP Shopify Inc. Class A Add +11.5% 4.01% −0.16
EXAS Exact Sciences Corp. Add +7.5% 1.32% −0.67

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$4.4BNVDA, AMD, TSLA, MU, GOOG
Q1 2026 110$3.5BNVDA, TSLA, GOOG, SHOP, AMZN
Q4 2025 105$4.5BNVDA, TSLA, SHOP, META, AMZN
Q3 2025 103$5.1BNVDA, TSLA, SHOP, META, AXON
Q2 2025 105$5.1BNVDA, AXON, TSLA, META, MELI
Q1 2025 101$4.1BNVDA, TSLA, MELI, META, SHOP
Q4 2024 101$4.9BNVDA, TSLA, SHOP, AMZN, AXON
Q3 2024 103$4.8BNVDA, TSLA, MELI, META, AMZN
Q2 2024 102$4.7BNVDA, AMZN, TSLA, MELI, META
Q1 2024 104$4.7BNVDA, AMZN, META, MELI, TSLA