Filed: 8/13/2025ACC: 0001816616-25-000005
📋 What this filing means
NZS CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 60 equity positions with a total reported market value of $2.94B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
60
Positions
$2.94B
Total AUM (reported)
23.29M
Total Shares
Allocation by class
COM$1.65B56.2%
CL A$449.52M15.3%
SHS$222.69M7.6%
COM NEW$190.59M6.5%
CAP STK CL C$173.11M5.9%
COM CL A$60.48M2.1%
CL A COM$58.85M2.0%
Portfolio Concentration
Top 3$476.89M16.2%
4–10$685.45M23.3%
11–25$928.80M31.6%
Rest$851.30M28.9%
Top 3 weight
16.2%
Top 10 weight
39.5%
Voting Authority Distribution
Total shares with voting rights: 23.29M
Sole
Full voting authority
23.29M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole60
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings60
Rows:
ALPHABET INC
SOLEShares975.86K
TypeSH
Market value$173.11M
5.88%
Sole
975.86K
Shared
0.00
None
0.00
CADENCE DESIGN SYSTEM INC
SOLEShares528.84K
TypeSH
Market value$162.96M
5.54%
Sole
528.84K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares891.33K
TypeSH
Market value$140.82M
4.79%
Sole
891.33K
Shared
0.00
None
0.00
AMPHENOL CORP NEW
SOLEShares1.32M
TypeSH
Market value$130.64M
4.44%
Sole
1.32M
Shared
0.00
None
0.00
PROGRESSIVE CORP
SOLEShares408.37K
TypeSH
Market value$108.98M
3.70%
Sole
408.37K
Shared
0.00
None
0.00
LAM RESEARCH CORP
SOLEShares1.05M
TypeSH
Market value$102.68M
3.49%
Sole
1.05M
Shared
0.00
None
0.00
TEXAS INSTRS INC
SOLEShares436.14K
TypeSH
Market value$90.55M
3.08%
Sole
436.14K
Shared
0.00
None
0.00
MICROCHIP TECHNOLOGY INC.
SOLEShares1.23M
TypeSH
Market value$86.63M
2.94%
Sole
1.23M
Shared
0.00
None
0.00
UNITED RENTALS INC
SOLEShares110.62K
TypeSH
Market value$83.34M
2.83%
Sole
110.62K
Shared
0.00
None
0.00
ROPER TECHNOLOGIES INC
SOLEShares145.77K
TypeSH
Market value$82.63M
2.81%
Sole
145.77K
Shared
0.00
None
0.00
TRANE TECHNOLOGIES PLC
SOLEShares174.76K
TypeSH
Market value$76.44M
2.60%
Sole
174.76K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares383.63K
TypeSH
Market value$75.78M
2.58%
Sole
383.63K
Shared
0.00
None
0.00
AMERICAN TOWER CORP NEW
SOLEShares334.42K
TypeSH
Market value$73.91M
2.51%
Sole
334.42K
Shared
0.00
None
0.00
FISERV INC
SOLEShares426.05K
TypeSH
Market value$73.46M
2.50%
Sole
426.05K
Shared
0.00
None
0.00
LINDE PLC
SOLEShares153.26K
TypeSH
Market value$71.91M
2.44%
Sole
153.26K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares608.68K
TypeSH
Market value$70.21M
2.39%
Sole
608.68K
Shared
0.00
None
0.00
AUTODESK INC
SOLEShares202.94K
TypeSH
Market value$62.82M
2.14%
Sole
202.94K
Shared
0.00
None
0.00
CLOUDFLARE INC
SOLEShares300.50K
TypeSH
Market value$58.85M
2.00%
Sole
300.50K
Shared
0.00
None
0.00
MERCADOLIBRE INC
SOLEShares21.23K
TypeSH
Market value$55.48M
1.89%
Sole
21.23K
Shared
0.00
None
0.00
ARM HOLDINGS PLC
SOLEShares337.19K
TypeSH
Market value$54.54M
1.85%
Sole
337.19K
Shared
0.00
None
0.00
TOAST INC
SOLEShares1.21M
TypeSH
Market value$53.69M
1.82%
Sole
1.21M
Shared
0.00
None
0.00
SNOWFLAKE INC
SOLEShares233.45K
TypeSH
Market value$52.24M
1.78%
Sole
233.45K
Shared
0.00
None
0.00
PROCORE TECHNOLOGIES INC
SOLEShares748.20K
TypeSH
Market value$51.19M
1.74%
Sole
748.20K
Shared
0.00
None
0.00
KLA CORP
SOLEShares56.70K
TypeSH
Market value$50.79M
1.73%
Sole
56.70K
Shared
0.00
None
0.00
CYBERARK SOFTWARE LTD
SOLEShares116.71K
TypeSH
Market value$47.49M
1.61%
Sole
116.71K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALPHABET INCSOLE | CAP STK CL C | 975.86K | SH | $173.11M 5.88% | 975.86K | 0.00 | 0.00 |
CADENCE DESIGN SYSTEM INCSOLE | COM | 528.84K | SH | $162.96M 5.54% | 528.84K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 891.33K | SH | $140.82M 4.79% | 891.33K | 0.00 | 0.00 |
AMPHENOL CORP NEWSOLE | CL A | 1.32M | SH | $130.64M 4.44% | 1.32M | 0.00 | 0.00 |
PROGRESSIVE CORPSOLE | COM | 408.37K | SH | $108.98M 3.70% | 408.37K | 0.00 | 0.00 |
LAM RESEARCH CORPSOLE | COM NEW | 1.05M | SH | $102.68M 3.49% | 1.05M | 0.00 | 0.00 |
TEXAS INSTRS INCSOLE | COM | 436.14K | SH | $90.55M 3.08% | 436.14K | 0.00 | 0.00 |
MICROCHIP TECHNOLOGY INC.SOLE | COM | 1.23M | SH | $86.63M 2.94% | 1.23M | 0.00 | 0.00 |
UNITED RENTALS INCSOLE | COM | 110.62K | SH | $83.34M 2.83% | 110.62K | 0.00 | 0.00 |
ROPER TECHNOLOGIES INCSOLE | COM | 145.77K | SH | $82.63M 2.81% | 145.77K | 0.00 | 0.00 |
TRANE TECHNOLOGIES PLCSOLE | SHS | 174.76K | SH | $76.44M 2.60% | 174.76K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 383.63K | SH | $75.78M 2.58% | 383.63K | 0.00 | 0.00 |
AMERICAN TOWER CORP NEWSOLE | COM | 334.42K | SH | $73.91M 2.51% | 334.42K | 0.00 | 0.00 |
FISERV INCSOLE | COM | 426.05K | SH | $73.46M 2.50% | 426.05K | 0.00 | 0.00 |
LINDE PLCSOLE | SHS | 153.26K | SH | $71.91M 2.44% | 153.26K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A | 608.68K | SH | $70.21M 2.39% | 608.68K | 0.00 | 0.00 |
AUTODESK INCSOLE | COM | 202.94K | SH | $62.82M 2.14% | 202.94K | 0.00 | 0.00 |
CLOUDFLARE INCSOLE | CL A COM | 300.50K | SH | $58.85M 2.00% | 300.50K | 0.00 | 0.00 |
MERCADOLIBRE INCSOLE | COM | 21.23K | SH | $55.48M 1.89% | 21.23K | 0.00 | 0.00 |
ARM HOLDINGS PLCSOLE | SPONSORED ADS | 337.19K | SH | $54.54M 1.85% | 337.19K | 0.00 | 0.00 |
TOAST INCSOLE | CL A | 1.21M | SH | $53.69M 1.82% | 1.21M | 0.00 | 0.00 |
SNOWFLAKE INCSOLE | CL A | 233.45K | SH | $52.24M 1.78% | 233.45K | 0.00 | 0.00 |
PROCORE TECHNOLOGIES INCSOLE | COM | 748.20K | SH | $51.19M 1.74% | 748.20K | 0.00 | 0.00 |
KLA CORPSOLE | COM NEW | 56.70K | SH | $50.79M 1.73% | 56.70K | 0.00 | 0.00 |
CYBERARK SOFTWARE LTDSOLE | SHS | 116.71K | SH | $47.49M 1.61% | 116.71K | 0.00 | 0.00 |
Page 1 of 3