NZS Capital, LLC Q3 2025 Filing

Filed November 12, 2025

Portfolio Value

$3.3T

Holdings

61

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (61 positions)

#StockSharesValue% PortfolioType
1
GOOGALPHABET INC
891,277$217.1B6.65%
2
CDNSCADENCE DESIGN SYSTEM INC
512,744$180.1B5.52%
3
LRCXLAM RESEARCH CORP
1,071,186$143.4B4.39%
4
PGRPROGRESSIVE CORP
500,597$123.6B3.79%
5
APHAMPHENOL CORP NEW
882,126$109.2B3.34%
6
ROPROPER TECHNOLOGIES INC
218,882$109.2B3.34%
7
WDAYWORKDAY INC
405,514$97.6B2.99%
8
DHRDANAHER CORPORATION
490,795$97.3B2.98%
9
SHOPSHOPIFY INC
631,397$93.8B2.87%
10
TXNTEXAS INSTRS INC
499,162$91.7B2.81%
11
LINLINDE PLC
191,749$91.1B2.79%
12
URIUNITED RENTALS INC
95,318$91.0B2.79%
13
AMTAMERICAN TOWER CORP NEW
440,213$84.7B2.59%
14
IRINGERSOLL RAND INC
893,381$73.8B2.26%
15
FISVFISERV INC
544,102$70.2B2.15%
16
ITGARTNER INC
258,038$67.8B2.08%
17
ARMARM HOLDINGS PLC
447,955$63.4B1.94%
18
NVDANVIDIA CORPORATION
336,510$62.8B1.92%
19
SNOWSNOWFLAKE INC
247,057$55.7B1.71%
20
TTTRANE TECHNOLOGIES PLC
130,122$54.9B1.68%
21
PCORPROCORE TECHNOLOGIES INC
750,719$54.7B1.68%
22
KLACKLA CORP
47,511$51.2B1.57%
23
HEIHEICO CORP NEW
197,632$50.2B1.54%
24
MLB1MERCADOLIBRE INC
21,413$50.0B1.53%
25
LSCCLATTICE SEMICONDUCTOR CORP
671,146$49.2B1.51%
26
ISRGINTUITIVE SURGICAL INC
110,014$49.2B1.51%
27
NUNU HLDGS LTD
3,038,126$48.6B1.49%
28
UBERUBER TECHNOLOGIES INC
495,767$48.6B1.49%
29
TOSTTOAST INC
1,286,284$47.0B1.44%
30
SNPSSYNOPSYS INC
94,849$46.8B1.43%
31
MRVLMARVELL TECHNOLOGY INC
517,331$43.5B1.33%
32
PWRQUANTA SVCS INC
102,073$42.3B1.30%
33
AAPLAPPLE INC
161,251$41.1B1.26%
34
SAILSAILPOINT INC
1,747,161$38.6B1.18%
35
MSFTMICROSOFT CORP
74,048$38.4B1.17%
36
HEIHEICO CORP NEW
112,446$36.3B1.11%
37
TTANSERVICETITAN INC
341,747$34.5B1.06%
38
GLBEGLOBAL E ONLINE LTD
950,631$34.0B1.04%
39
TEAMATLASSIAN CORPORATION
211,180$33.7B1.03%
40
CSGPCOSTAR GROUP INC
373,432$31.5B0.96%
41
CGNXCOGNEX CORP
685,976$31.1B0.95%
42
DASHDOORDASH INC
108,555$29.5B0.90%
43
COINCOINBASE GLOBAL INC
84,337$28.5B0.87%
44
RGENREPLIGEN CORP
196,777$26.3B0.81%
45
AFRMAFFIRM HLDGS INC
356,926$26.1B0.80%
46
CMGCHIPOTLE MEXICAN GRILL INC
660,172$25.9B0.79%
47
ZZILLOW GROUP INC
322,803$24.9B0.76%
48
NOWSERVICENOW INC
26,485$24.4B0.75%
49
MPWRMONOLITHIC PWR SYS INC
26,000$23.9B0.73%
50
NETCLOUDFLARE INC
105,753$22.7B0.69%
51
PENPENUMBRA INC
86,984$22.0B0.67%
52
RDDTREDDIT INC
93,295$21.5B0.66%
53
AXONAXON ENTERPRISE INC
28,375$20.4B0.62%
54
FNDFLOOR & DECOR HLDGS INC
267,750$19.7B0.60%
55
CRMSALESFORCE INC
80,846$19.2B0.59%
56
MNDYMONDAY COM LTD
65,087$12.6B0.39%
57
ADIANALOG DEVICES INC
48,914$12.0B0.37%
58
FIGFIGMA INC
155,582$8.1B0.25%
59
NFLXNETFLIX INC
6,107$7.3B0.22%
60
LMNDLEMONADE INC
129,084$6.9B0.21%
61
CRWDCROWDSTRIKE HLDGS INC
10,111$5.0B0.15%