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

0$2.0B$4.0B$6.0B Q1 2024: $4.7B Q1 2024 Q2 2024: $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 $3.5B Q1 2026 Q2 2026: $4.4B Q2 2026

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%
AXP American Express Co. 0.01% 1,700 $514K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.01% 20,235 $459K Reduce -98.3%
ABBV Abbvie Inc. 0.01% 1,923 $418K No change
PL Planet Labs PBC 0.01% 13,100 $366K Reduce -41.8%
BR Broadridge Financial Solutio 0.01% 2,145 $349K Reduce -90.7%
XMTR Xometry Inc. Class A 0.01% 7,700 $314K Add +28.3%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.01% 650 $301K No change
LGIH Lgi Homes Inc. 0.01% 6,150 $243K No change
ARES Ares Management Corp. Class A 0.01% 2,193 $239K Reduce -98.0%
DHI D.R. Horton Inc. 0.01% 1,565 $215K No change

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

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