Zevenbergen Capital Investments LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 9, 2026), Zevenbergen Capital Investments LLC reported 110 stock positions worth $3.5 billion. Its top holding was Nvidia (NVDA) at 9.9% of the portfolio, followed by Tesla (TSLA, 5.7%) and Alphabet Class C (GOOG, 4.5%). Compared with Q4 2025, it opened 10 new positions, sold out of 5, added to 39 and reduced 50. The biggest buy was a new position in Schwab Tot STK MRKT Indx (SWTSX) and the biggest sale Shopify Class A (SHOP, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- EDMONDS, WA
- CIK
- 0001276918
- Portfolio Value
- $3.5B (Q1 2026)
- SEC Filing
- 0001276918-26-000005 ↗ filed Apr 9, 2026
Holdings Value
Holdings 110 stocks · $3.5B
| NVDA Nvidia Corp. | 9.91% | 1,976,199 | $344.6M | Reduce -16.1% |
| TSLA Tesla Inc. | 5.74% | 537,194 | $199.7M | Reduce -22.6% |
| GOOG Alphabet Inc. Class C | 4.51% | 546,481 | $156.8M | Reduce -8.3% |
| SHOP Shopify Inc. Class A | 4.47% | 1,309,176 | $155.3M | Reduce -21.8% |
| AMZN Amazon.com Inc. | 3.79% | 633,290 | $131.9M | Reduce -25.1% |
| META Meta Platforms Inc. Class A | 3.70% | 225,013 | $128.7M | Reduce -32.3% |
| AAPL Apple Inc. | 3.66% | 501,815 | $127.4M | Reduce -0.0% |
| MELI MercadoLibre Inc. | 3.56% | 71,626 | $123.8M | Reduce -21.8% |
| AXON Axon Enterprise Inc. | 3.52% | 288,211 | $122.4M | Reduce -14.9% |
| MSFT Microsoft Corp. | 3.35% | 314,420 | $116.4M | Add +0.0% |
| AMD Advanced Micro Devices | 3.27% | 559,718 | $113.9M | Add +1.7% |
| AVGO Broadcom Inc. | 2.78% | 312,560 | $96.7M | No change |
| MPWR Monolithic Power Systems Inc. | 2.58% | 81,911 | $89.6M | Add +0.7% |
| VRT Vertiv Holdings Co. Class A | 2.16% | 299,962 | $75.2M | Reduce -13.4% |
| SWTSX Schwab Tot STK MRKT Indx | 1.91% | 4,229,104 | $66.5M | New |
| RKLB Rocket Lab Corp. | 1.89% | 1,024,998 | $65.8M | Reduce -6.0% |
| SNOW Snowflake Inc. | 1.88% | 433,142 | $65.3M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 1.88% | 226,780 | $65.2M | Reduce -9.9% |
| MU Micron Technology Inc. | 1.86% | 191,950 | $64.8M | Reduce -28.1% |
| NFLX Netflix Inc. | 1.68% | 608,320 | $58.5M | Reduce -21.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.65% | 147,088 | $57.4M | Reduce -27.6% |
| UBER Uber Technologies Inc. | 1.62% | 781,151 | $56.2M | Reduce -20.2% |
| PWR Quanta Services Inc. | 1.58% | 100,176 | $55.0M | Reduce -2.6% |
| NTRA Natera Inc. | 1.50% | 261,479 | $52.3M | Reduce -19.2% |
| KRMN Karman Holdings Inc. | 1.44% | 626,384 | $50.1M | Add +16.1% |
| TOST Toast Inc. Class A | 1.35% | 1,774,581 | $47.0M | Reduce -4.3% |
| CRDO Credo Technology Group Holdi | 1.09% | 402,961 | $37.8M | Add +106.4% |
| SPOT Spotify Technology SA | 1.08% | 77,421 | $37.5M | Reduce -18.6% |
| NOW ServiceNow Inc. | 1.07% | 356,014 | $37.2M | Reduce -41.7% |
| APP AppLovin Corp. Class A | 0.97% | 85,199 | $33.9M | Add +9.0% |
| ANET Arista Networks Inc. | 0.90% | 253,900 | $31.2M | Add +3.5% |
| PODD Insulet Corp. | 0.84% | 139,407 | $29.3M | Add +23.3% |
| TMDX Transmedics Group Inc. | 0.82% | 286,521 | $28.5M | Add +2.3% |
| CSHX Cashmere Valley Bank | 0.80% | 370,059 | $27.7M | New |
| AMAT Applied Materials Inc. | 0.77% | 78,800 | $26.9M | Add +12.6% |
| IOT Samsara Inc. Class A | 0.66% | 724,043 | $22.9M | Reduce -16.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.66% | 67,550 | $22.8M | New |
| APH Amphenol Corp. Class A | 0.65% | 177,935 | $22.5M | No change |
| KLAC KLA Corp. | 0.64% | 15,000 | $22.1M | No change |
| VEEV Veeva Systems Inc. Class A | 0.59% | 116,712 | $20.5M | Reduce -22.0% |
| V Visa Inc. Class A | 0.58% | 66,308 | $20.0M | Add +53.6% |
| DDOG Datadog Inc. Class A | 0.56% | 163,995 | $19.4M | Reduce -14.9% |
| CDNS Cadence Design SYS Inc. | 0.52% | 65,000 | $18.1M | Add +62.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.50% | 13,222 | $17.5M | No change |
| DELL Dell Technologies -C | 0.49% | 103,790 | $17.0M | Reduce -7.2% |
| LASR Nlight Inc. | 0.47% | 285,560 | $16.3M | New |
| QCOM Qualcomm Inc. | 0.46% | 125,512 | $16.2M | Reduce -0.1% |
| WING Wingstop Inc. | 0.45% | 99,865 | $15.5M | Reduce -22.6% |
| PANW Palo Alto Networks Inc. | 0.44% | 94,930 | $15.2M | Reduce -67.2% |
| NXPI NXP Semiconductors NV | 0.41% | 73,100 | $14.4M | Add +176.9% |
| ORCL Oracle Corp. | 0.40% | 95,020 | $14.0M | Reduce -39.8% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.39% | 403,109 | $13.7M | Reduce -16.5% |
| SN Sharkninja Inc. | 0.36% | 118,710 | $12.6M | New |
| INTU Intuit Inc. | 0.32% | 25,446 | $11.0M | Reduce -1.3% |
| CAI Caris Life Sciences Inc. | 0.31% | 610,233 | $10.9M | Add +12.3% |
| ARM Arm Holdings PLC-ADR | 0.25% | 57,100 | $8.6M | Add +2.5% |
| JPM JPMorgan Chase & Co. | 0.25% | 28,993 | $8.5M | Add +0.8% |
| ARQT Arcutis Biotherapeutics Inc. | 0.24% | 357,490 | $8.4M | Reduce -14.5% |
| COST Costco Wholesale Corp. | 0.24% | 8,248 | $8.2M | Add +1.0% |
| MDB Mongodb Inc. | 0.23% | 33,200 | $8.1M | Add +10.7% |
| STX Seagate Technology Holdings | 0.21% | 18,500 | $7.2M | New |
| MIR Mirion Technologies Inc. | 0.17% | 326,300 | $6.1M | Add +47.5% |
| APPF Appfolio Inc. Class A | 0.17% | 38,300 | $6.0M | Add +60.9% |
| Z Zillow Group Inc. Class C | 0.16% | 130,374 | $5.4M | Reduce -78.9% |
| BKNG Booking Holdings Inc. | 0.14% | 1,132 | $4.8M | Reduce -52.9% |
| BE Bloom Energy Corp. Class A | 0.14% | 35,075 | $4.8M | Reduce -53.5% |
| BLK BlackRock Inc. | 0.13% | 4,639 | $4.5M | Add +0.9% |
| AMPX Amprius Technologies Inc. | 0.11% | 236,875 | $4.0M | New |
| SRAD Sportradar Group AG-A | 0.11% | 228,600 | $3.8M | No change |
| HD Home Depot Inc. | 0.11% | 11,137 | $3.7M | Add +1.4% |
| CTAS Cintas Corp. | 0.10% | 21,120 | $3.6M | Add +1.3% |
| COHR Coherent Corp. | 0.10% | 14,800 | $3.5M | New |
| AMGN Amgen Inc. | 0.10% | 9,999 | $3.5M | Add +0.4% |
| PGR Progressive Corp. | 0.10% | 17,595 | $3.5M | Reduce -0.6% |
| PCAR Paccar Inc. | 0.10% | 29,031 | $3.4M | Add +1.5% |
| TTAN Servicetitan Inc. Class A | 0.08% | 45,800 | $2.9M | Add +13.9% |
| JNJ Johnson & Johnson | 0.08% | 11,164 | $2.7M | Add +1.8% |
| WM Waste Management Inc. | 0.07% | 11,155 | $2.6M | Add +2.5% |
| SYM Symbotic Inc. | 0.07% | 47,450 | $2.5M | Reduce -46.5% |
| DKNG Draftkings Inc. Class A | 0.07% | 116,540 | $2.5M | Reduce -38.8% |
| DE Deere & Co. | 0.07% | 4,390 | $2.5M | Add +16.0% |
| NBIS Nebius Group NV | 0.07% | 23,650 | $2.5M | Reduce -44.0% |
| KRKNF Kraken Robotics Inc. | 0.07% | 410,125 | $2.4M | Add +601.1% |
| ABT Abbott Laboratories | 0.06% | 21,779 | $2.2M | Add +1.9% |
| DGX Quest Diagnostics Inc. | 0.06% | 11,075 | $2.2M | Add +6.3% |
| RDDT Reddit Inc. Class A | 0.06% | 15,300 | $2.1M | Reduce -4.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 3,145 | $2.0M | Reduce -19.9% |
| BX Blackstone Inc. | 0.05% | 15,800 | $1.8M | Reduce -2.4% |
| VMC Vulcan Materials Co. | 0.05% | 6,315 | $1.7M | New |
| ECL Ecolab Inc. | 0.05% | 6,230 | $1.7M | Add +2.6% |
| RIVN Rivian Automotive Inc. Class A | 0.04% | 103,880 | $1.6M | Reduce -41.4% |
| RBRK Rubrik Inc. Class A | 0.04% | 30,875 | $1.5M | New |
| ZTS Zoetis Inc. | 0.04% | 12,420 | $1.5M | Reduce -14.6% |
| MMYT Makemytrip Ltd. | 0.04% | 36,685 | $1.4M | Reduce -42.5% |
| CSCO Cisco Systems Inc. | 0.04% | 16,415 | $1.3M | Add +0.6% |
| NEE Nextera Energy Inc. | 0.03% | 12,568 | $1.2M | Add +38.0% |
| SBUX Starbucks Corp. | 0.03% | 10,512 | $942K | Add +3.5% |
| TSCO Tractor Supply Company | 0.02% | 18,245 | $826K | Add +0.6% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.02% | 6,075 | $736K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.02% | 6,513 | $628K | Add +0.6% |
Portfolio Sells Q4 2025 → Q1 2026
| SHOP Shopify Inc. Class A | Reduce -21.8% | 4.47% | −1.53 |
| TSLA Tesla Inc. | Reduce -22.6% | 5.74% | −1.20 |
| META Meta Platforms Inc. Class A | Reduce -32.3% | 3.70% | −1.18 |
| TTD Trade Desk Inc./the Class A | Reduce -98.3% | 0.01% | −1.02 |
| NOW ServiceNow Inc. | Reduce -41.7% | 1.07% | −1.01 |
| Z Zillow Group Inc. Class C | Reduce -78.9% | 0.16% | −0.78 |
| AXON Axon Enterprise Inc. | Reduce -14.9% | 3.52% | −0.76 |
| PANW Palo Alto Networks Inc. | Reduce -67.2% | 0.44% | −0.75 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.68 |
| AMZN Amazon.com Inc. | Reduce -25.1% | 3.79% | −0.55 |
| MELI MercadoLibre Inc. | Reduce -21.8% | 3.56% | −0.54 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -27.6% | 1.65% | −0.47 |
| ARES Ares Management Corp. Class A | Reduce -98.0% | 0.01% | −0.40 |
| ORCL Oracle Corp. | Reduce -39.8% | 0.40% | −0.28 |
| SNOW Snowflake Inc. | Reduce -0.6% | 1.88% | −0.25 |
| WING Wingstop Inc. | Reduce -22.6% | 0.45% | −0.24 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.21 |
| UBER Uber Technologies Inc. | Reduce -20.2% | 1.62% | −0.16 |
| VEEV Veeva Systems Inc. Class A | Reduce -22.0% | 0.59% | −0.15 |
| BKNG Booking Holdings Inc. | Reduce -52.9% | 0.14% | −0.15 |
| SPOT Spotify Technology SA | Reduce -18.6% | 1.08% | −0.15 |
| NTRA Natera Inc. | Reduce -19.2% | 1.50% | −0.14 |
| TOST Toast Inc. Class A | Reduce -4.3% | 1.35% | −0.11 |
| ONON On Holding AG Class A | Reduce -16.5% | 0.39% | −0.10 |
| BR Broadridge Financial Solutio | Reduce -90.7% | 0.01% | −0.10 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.10 |
| MMYT Makemytrip Ltd. | Reduce -42.5% | 0.04% | −0.08 |
| DKNG Draftkings Inc. Class A | Reduce -38.8% | 0.07% | −0.07 |
| INTU Intuit Inc. | Reduce -1.3% | 0.32% | −0.06 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.05 |
| SYM Symbotic Inc. | Reduce -46.5% | 0.07% | −0.04 |
| RIVN Rivian Automotive Inc. Class A | Reduce -41.4% | 0.04% | −0.03 |
| ARQT Arcutis Biotherapeutics Inc. | Reduce -14.5% | 0.24% | −0.03 |
| DDOG Datadog Inc. Class A | Reduce -14.9% | 0.56% | −0.03 |
| RDDT Reddit Inc. Class A | Reduce -4.7% | 0.06% | −0.02 |
| IOT Samsara Inc. Class A | Reduce -16.2% | 0.66% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -0.1% | 0.46% | −0.01 |
| BBNX Beta Bionics Inc. | Sold out | 0.00% | −0.01 |
| BE Bloom Energy Corp. Class A | Reduce -53.5% | 0.14% | −0.01 |
| NBIS Nebius Group NV | Reduce -44.0% | 0.07% | −0.01 |
| BX Blackstone Inc. | Reduce -2.4% | 0.05% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -19.9% | 0.06% | −0.00 |
| PL Planet Labs PBC | Reduce -41.8% | 0.01% | +0.00 |
| ZTS Zoetis Inc. | Reduce -14.6% | 0.04% | +0.00 |
| PGR Progressive Corp. | Reduce -0.6% | 0.10% | +0.01 |
| NFLX Netflix Inc. | Reduce -21.3% | 1.68% | +0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -9.9% | 1.88% | +0.12 |
| NVDA Nvidia Corp. | Reduce -16.1% | 9.91% | +0.14 |
| MU Micron Technology Inc. | Reduce -28.1% | 1.86% | +0.17 |
| DELL Dell Technologies -C | Reduce -7.2% | 0.49% | +0.18 |
Portfolio Buys Q4 2025 → Q1 2026
| SWTSX Schwab Tot STK MRKT Indx | New | 1.91% | +1.91 |
| MPWR Monolithic Power Systems Inc. | Add +0.7% | 2.58% | +0.93 |
| CSHX Cashmere Valley Bank | New | 0.80% | +0.80 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.66% | +0.66 |
| AMD Advanced Micro Devices | Add +1.7% | 3.27% | +0.65 |
| KRMN Karman Holdings Inc. | Add +16.1% | 1.44% | +0.56 |
| LASR Nlight Inc. | New | 0.47% | +0.47 |
| CRDO Credo Technology Group Holdi | Add +106.4% | 1.09% | +0.46 |
| AMAT Applied Materials Inc. | Add +12.6% | 0.77% | +0.37 |
| SN Sharkninja Inc. | New | 0.36% | +0.36 |
| NXPI NXP Semiconductors NV | Add +176.9% | 0.41% | +0.29 |
| CDNS Cadence Design SYS Inc. | Add +62.3% | 0.52% | +0.24 |
| V Visa Inc. Class A | Add +53.6% | 0.58% | +0.24 |
| STX Seagate Technology Holdings | New | 0.21% | +0.21 |
| ANET Arista Networks Inc. | Add +3.5% | 0.90% | +0.18 |
| PODD Insulet Corp. | Add +23.3% | 0.84% | +0.13 |
| AMPX Amprius Technologies Inc. | New | 0.11% | +0.11 |
| ARM Arm Holdings PLC-ADR | Add +2.5% | 0.25% | +0.11 |
| COHR Coherent Corp. | New | 0.10% | +0.10 |
| COST Costco Wholesale Corp. | Add +1.0% | 0.24% | +0.08 |
| KRKNF Kraken Robotics Inc. | Add +601.1% | 0.07% | +0.06 |
| TMDX Transmedics Group Inc. | Add +2.3% | 0.82% | +0.06 |
| MIR Mirion Technologies Inc. | Add +47.5% | 0.17% | +0.06 |
| APPF Appfolio Inc. Class A | Add +60.9% | 0.17% | +0.05 |
| VMC Vulcan Materials Co. | New | 0.05% | +0.05 |
| RBRK Rubrik Inc. Class A | New | 0.04% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 0.25% | +0.04 |
| DE Deere & Co. | Add +16.0% | 0.07% | +0.03 |
| AMGN Amgen Inc. | Add +0.4% | 0.10% | +0.03 |
| JNJ Johnson & Johnson | Add +1.8% | 0.08% | +0.03 |
| PCAR Paccar Inc. | Add +1.5% | 0.10% | +0.03 |
| DGX Quest Diagnostics Inc. | Add +6.3% | 0.06% | +0.02 |
| HD Home Depot Inc. | Add +1.4% | 0.11% | +0.02 |
| WM Waste Management Inc. | Add +2.5% | 0.07% | +0.02 |
| BLK BlackRock Inc. | Add +0.9% | 0.13% | +0.02 |
| NEE Nextera Energy Inc. | Add +38.0% | 0.03% | +0.02 |
| CTAS Cintas Corp. | Add +1.3% | 0.10% | +0.02 |
| ECL Ecolab Inc. | Add +2.6% | 0.05% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.6% | 0.04% | +0.01 |
| SBUX Starbucks Corp. | Add +3.5% | 0.03% | +0.01 |
| ABT Abbott Laboratories | Add +1.9% | 0.06% | +0.00 |
| TSCO Tractor Supply Company | Add +0.6% | 0.02% | +0.00 |
| DIS The Walt Disney Co. | Add +0.6% | 0.02% | +0.00 |
| XMTR Xometry Inc. Class A | Add +28.3% | 0.01% | +0.00 |
| TTAN Servicetitan Inc. Class A | Add +13.9% | 0.08% | −0.01 |
| CAI Caris Life Sciences Inc. | Add +12.3% | 0.31% | −0.01 |
| MSFT Microsoft Corp. | Add +0.0% | 3.35% | −0.03 |
| MDB Mongodb Inc. | Add +10.7% | 0.23% | −0.05 |
| APP AppLovin Corp. Class A | Add +9.0% | 0.97% | −0.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 109 | $4.4B | NVDA, AMD, TSLA, MU, GOOG |
| Q1 2026 | 110 | $3.5B | NVDA, TSLA, GOOG, SHOP, AMZN |
| Q4 2025 | 105 | $4.5B | NVDA, TSLA, SHOP, META, AMZN |
| Q3 2025 | 103 | $5.1B | NVDA, TSLA, SHOP, META, AXON |
| Q2 2025 | 105 | $5.1B | NVDA, AXON, TSLA, META, MELI |
| Q1 2025 | 101 | $4.1B | NVDA, TSLA, MELI, META, SHOP |
| Q4 2024 | 101 | $4.9B | NVDA, TSLA, SHOP, AMZN, AXON |
| Q3 2024 | 103 | $4.8B | NVDA, TSLA, MELI, META, AMZN |
| Q2 2024 | 102 | $4.7B | NVDA, AMZN, TSLA, MELI, META |
| Q1 2024 | 104 | $4.7B | NVDA, AMZN, META, MELI, TSLA |