Latest NZS Capital, LLC Stock Portfolio
NZS Capital, LLC Performance:
2025 Q3: 5.8%YTD: 17.69%2024: 14.21%
Performance for 2025 Q3 is 5.8%, and YTD is 17.69%, and 2024 is 14.21%.
About NZS Capital, LLC and 13F Hedge Fund Stock Holdings
NZS Capital, LLC is a hedge fund based in DENVER, CO. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.3 Billions. In it's latest 13F Holdings report, NZS Capital, LLC reported an equity portfolio of $3.3 Billions as of 30 Sep, 2025.
The top stock holdings of NZS Capital, LLC are GOOG, CDNS, LRCX. The fund has invested 6.7% of it's portfolio in ALPHABET INC and 5.5% of portfolio in CADENCE DESIGN SYSTEM INC.
The fund managers got completely rid off MICROCHIP TECHNOLOGY INC. (MCHP), AUTODESK INC (ADSK) and CYBERARK SOFTWARE LTD stocks. They significantly reduced their stock positions in CLOUDFLARE INC (NET), NVIDIA CORPORATION (NVDA) and AMPHENOL CORP NEW (APH). NZS Capital, LLC opened new stock positions in WORKDAY INC (WDAY), GARTNER INC (IT) and SYNOPSYS INC (SNPS). The fund showed a lot of confidence in some stocks as they added substantially to SERVICENOW INC (NOW), MONDAY COM LTD and INGERSOLL RAND INC (IR).
The top stock holdings of NZS Capital, LLC are GOOG, CDNS, LRCX. The fund has invested 6.7% of it's portfolio in ALPHABET INC and 5.5% of portfolio in CADENCE DESIGN SYSTEM INC.
The fund managers got completely rid off MICROCHIP TECHNOLOGY INC. (MCHP), AUTODESK INC (ADSK) and CYBERARK SOFTWARE LTD stocks. They significantly reduced their stock positions in CLOUDFLARE INC (NET), NVIDIA CORPORATION (NVDA) and AMPHENOL CORP NEW (APH). NZS Capital, LLC opened new stock positions in WORKDAY INC (WDAY), GARTNER INC (IT) and SYNOPSYS INC (SNPS). The fund showed a lot of confidence in some stocks as they added substantially to SERVICENOW INC (NOW), MONDAY COM LTD and INGERSOLL RAND INC (IR).
NZS Capital, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that NZS Capital, LLC made a return of 5.8% in the last quarter. In trailing 12 months, it's portfolio return was 16.91%.
New Buys
| Ticker | $ Bought |
|---|---|
| workday inc | 97,619,400 |
| gartner inc | 67,830,400 |
| synopsys inc | 46,797,500 |
| monolithic pwr sys inc | 23,936,600 |
| analog devices inc | 12,018,200 |
| figma inc | 8,070,040 |
New stocks bought by NZS Capital, LLC
Additions
| Ticker | % Inc. |
|---|---|
| servicenow inc | 445 |
| monday com ltd | 415 |
| sailpoint inc | 186 |
| ingersoll rand inc | 94.00 |
| quanta svcs inc | 71.64 |
| intuitive surgical inc | 61.06 |
| floor & decor hldgs inc | 50.63 |
| roper technologies inc | 50.16 |
Additions to existing portfolio by NZS Capital, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| cloudflare inc | -64.81 |
| nvidia corporation | -62.25 |
| amphenol corp new | -33.32 |
| cognex corp | -28.71 |
| trane technologies plc | -25.54 |
| kla corp | -16.21 |
| coinbase global inc | -13.87 |
| united rentals inc | -13.83 |
NZS Capital, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| microchip technology inc. | -86,630,100 |
| on semiconductor corp | -23,342,300 |
| autodesk inc | -62,823,200 |
| cyberark software ltd | -47,485,700 |
| thor inds inc | -10,021,800 |
NZS Capital, LLC got rid off the above stocks
Sector Distribution
NZS Capital, LLC has about 47% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 47 |
| Others | 13 |
| Industrials | 11.3 |
| Communication Services | 7.8 |
| Healthcare | 6 |
| Financial Services | 4.9 |
| Real Estate | 4.3 |
| Consumer Cyclical | 2.9 |
| Basic Materials | 2.8 |
Market Cap. Distribution
NZS Capital, LLC has about 79.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 64.7 |
| MEGA-CAP | 14.6 |
| UNALLOCATED | 14.1 |
| MID-CAP | 6.4 |
Stocks belong to which Index?
About 62.2% of the stocks held by NZS Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 62.2 |
| Others | 37.6 |
NZS Capital, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of NZS Capital, LLC
NZS Capital, LLC has 61 stocks in it's portfolio. About 38.7% of the portfolio is in top 10 stocks. TXN proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for NZS Capital, LLC last quarter.
Last Reported on: 12 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 1.26 | 161,251 | 41,059,300 | added | 42.6 | ||
| ADI | analog devices inc | 0.37 | 48,914 | 12,018,200 | new | |||
| ADSK | autodesk inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AFRM | affirm hldgs inc | 0.80 | 356,926 | 26,084,200 | reduced | -5.66 | ||
| AMT | american tower corp new | 2.59 | 440,213 | 84,661,800 | added | 31.63 | ||
| APH | amphenol corp new | 3.34 | 882,126 | 109,163,000 | reduced | -33.32 | ||
| AXON | axon enterprise inc | 0.62 | 28,375 | 20,363,000 | added | 6.18 | ||
| CDNS | cadence design system inc | 5.52 | 512,744 | 180,106,000 | reduced | -3.04 | ||
| CGNX | cognex corp | 0.95 | 685,976 | 31,074,700 | reduced | -28.71 | ||
| CMG | chipotle mexican grill inc | 0.79 | 660,172 | 25,872,100 | added | 7.84 | ||
| COIN | coinbase global inc | 0.87 | 84,337 | 28,462,900 | reduced | -13.87 | ||
| CRM | salesforce inc | 0.59 | 80,846 | 19,160,500 | added | 25.82 | ||
| CRWD | crowdstrike hldgs inc | 0.15 | 10,111 | 4,958,230 | added | 48.43 | ||
| CSGP | costar group inc | 0.96 | 373,432 | 31,506,500 | added | 6.53 | ||
| DASH | doordash inc | 0.90 | 108,555 | 29,525,900 | added | 19.09 | ||
| DHR | danaher corporation | 2.98 | 490,795 | 97,305,000 | added | 27.93 | ||
| FND | floor & decor hldgs inc | 0.60 | 267,750 | 19,733,200 | added | 50.63 | ||
| GOOG | alphabet inc | 6.65 | 891,277 | 217,071,000 | reduced | -8.67 | ||
| HEI | heico corp new | 1.54 | 197,632 | 50,216,300 | added | 7.84 | ||
| HEI | heico corp new | 1.11 | 112,446 | 36,299,800 | reduced | -0.88 | ||