Filed: 11/12/2025ACC: 0001816616-25-000008
📋 What this filing means
NZS CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 61 equity positions with a total reported market value of $3.27B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
61
Positions
$3.27B
Total AUM (reported)
24.54M
Total Shares
Allocation by class
COM$1.79B54.9%
CL A$413.36M12.7%
COM NEW$243.88M7.5%
CAP STK CL C$217.07M6.6%
SHS$192.59M5.9%
CL A SUB VTG SHS$93.83M2.9%
SPONSORED ADS$63.38M1.9%
Portfolio Concentration
Top 3$540.61M16.6%
4–10$722.41M22.1%
11–25$970.78M29.7%
Rest$1.03B31.6%
Top 3 weight
16.6%
Top 10 weight
38.7%
Voting Authority Distribution
Total shares with voting rights: 24.54M
Sole
Full voting authority
24.54M
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)
Sole61
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings61
Rows:
ALPHABET INC
SOLEShares891.28K
TypeSH
Market value$217.07M
6.65%
Sole
891.28K
Shared
0.00
None
0.00
CADENCE DESIGN SYSTEM INC
SOLEShares512.74K
TypeSH
Market value$180.11M
5.52%
Sole
512.74K
Shared
0.00
None
0.00
LAM RESEARCH CORP
SOLEShares1.07M
TypeSH
Market value$143.43M
4.39%
Sole
1.07M
Shared
0.00
None
0.00
PROGRESSIVE CORP
SOLEShares500.60K
TypeSH
Market value$123.62M
3.79%
Sole
500.60K
Shared
0.00
None
0.00
AMPHENOL CORP NEW
SOLEShares882.13K
TypeSH
Market value$109.16M
3.34%
Sole
882.13K
Shared
0.00
None
0.00
ROPER TECHNOLOGIES INC
SOLEShares218.88K
TypeSH
Market value$109.15M
3.34%
Sole
218.88K
Shared
0.00
None
0.00
WORKDAY INC
SOLEShares405.51K
TypeSH
Market value$97.62M
2.99%
Sole
405.51K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares490.80K
TypeSH
Market value$97.31M
2.98%
Sole
490.80K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares631.40K
TypeSH
Market value$93.83M
2.87%
Sole
631.40K
Shared
0.00
None
0.00
TEXAS INSTRS INC
SOLEShares499.16K
TypeSH
Market value$91.71M
2.81%
Sole
499.16K
Shared
0.00
None
0.00
LINDE PLC
SOLEShares191.75K
TypeSH
Market value$91.08M
2.79%
Sole
191.75K
Shared
0.00
None
0.00
UNITED RENTALS INC
SOLEShares95.32K
TypeSH
Market value$91.00M
2.79%
Sole
95.32K
Shared
0.00
None
0.00
AMERICAN TOWER CORP NEW
SOLEShares440.21K
TypeSH
Market value$84.66M
2.59%
Sole
440.21K
Shared
0.00
None
0.00
INGERSOLL RAND INC
SOLEShares893.38K
TypeSH
Market value$73.81M
2.26%
Sole
893.38K
Shared
0.00
None
0.00
FISERV INC
SOLEShares544.10K
TypeSH
Market value$70.15M
2.15%
Sole
544.10K
Shared
0.00
None
0.00
GARTNER INC
SOLEShares258.04K
TypeSH
Market value$67.83M
2.08%
Sole
258.04K
Shared
0.00
None
0.00
ARM HOLDINGS PLC
SOLEShares447.95K
TypeSH
Market value$63.38M
1.94%
Sole
447.95K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares336.51K
TypeSH
Market value$62.79M
1.92%
Sole
336.51K
Shared
0.00
None
0.00
SNOWFLAKE INC
SOLEShares247.06K
TypeSH
Market value$55.72M
1.71%
Sole
247.06K
Shared
0.00
None
0.00
TRANE TECHNOLOGIES PLC
SOLEShares130.12K
TypeSH
Market value$54.91M
1.68%
Sole
130.12K
Shared
0.00
None
0.00
PROCORE TECHNOLOGIES INC
SOLEShares750.72K
TypeSH
Market value$54.74M
1.68%
Sole
750.72K
Shared
0.00
None
0.00
KLA CORP
SOLEShares47.51K
TypeSH
Market value$51.25M
1.57%
Sole
47.51K
Shared
0.00
None
0.00
HEICO CORP NEW
SOLEShares197.63K
TypeSH
Market value$50.22M
1.54%
Sole
197.63K
Shared
0.00
None
0.00
MERCADOLIBRE INC
SOLEShares21.41K
TypeSH
Market value$50.04M
1.53%
Sole
21.41K
Shared
0.00
None
0.00
LATTICE SEMICONDUCTOR CORP
SOLEShares671.15K
TypeSH
Market value$49.21M
1.51%
Sole
671.15K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALPHABET INCSOLE | CAP STK CL C | 891.28K | SH | $217.07M 6.65% | 891.28K | 0.00 | 0.00 |
CADENCE DESIGN SYSTEM INCSOLE | COM | 512.74K | SH | $180.11M 5.52% | 512.74K | 0.00 | 0.00 |
LAM RESEARCH CORPSOLE | COM NEW | 1.07M | SH | $143.43M 4.39% | 1.07M | 0.00 | 0.00 |
PROGRESSIVE CORPSOLE | COM | 500.60K | SH | $123.62M 3.79% | 500.60K | 0.00 | 0.00 |
AMPHENOL CORP NEWSOLE | CL A | 882.13K | SH | $109.16M 3.34% | 882.13K | 0.00 | 0.00 |
ROPER TECHNOLOGIES INCSOLE | COM | 218.88K | SH | $109.15M 3.34% | 218.88K | 0.00 | 0.00 |
WORKDAY INCSOLE | CL A | 405.51K | SH | $97.62M 2.99% | 405.51K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 490.80K | SH | $97.31M 2.98% | 490.80K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A SUB VTG SHS | 631.40K | SH | $93.83M 2.87% | 631.40K | 0.00 | 0.00 |
TEXAS INSTRS INCSOLE | COM | 499.16K | SH | $91.71M 2.81% | 499.16K | 0.00 | 0.00 |
LINDE PLCSOLE | SHS | 191.75K | SH | $91.08M 2.79% | 191.75K | 0.00 | 0.00 |
UNITED RENTALS INCSOLE | COM | 95.32K | SH | $91.00M 2.79% | 95.32K | 0.00 | 0.00 |
AMERICAN TOWER CORP NEWSOLE | COM | 440.21K | SH | $84.66M 2.59% | 440.21K | 0.00 | 0.00 |
INGERSOLL RAND INCSOLE | COM | 893.38K | SH | $73.81M 2.26% | 893.38K | 0.00 | 0.00 |
FISERV INCSOLE | COM | 544.10K | SH | $70.15M 2.15% | 544.10K | 0.00 | 0.00 |
GARTNER INCSOLE | COM | 258.04K | SH | $67.83M 2.08% | 258.04K | 0.00 | 0.00 |
ARM HOLDINGS PLCSOLE | SPONSORED ADS | 447.95K | SH | $63.38M 1.94% | 447.95K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 336.51K | SH | $62.79M 1.92% | 336.51K | 0.00 | 0.00 |
SNOWFLAKE INCSOLE | COM SHS | 247.06K | SH | $55.72M 1.71% | 247.06K | 0.00 | 0.00 |
TRANE TECHNOLOGIES PLCSOLE | SHS | 130.12K | SH | $54.91M 1.68% | 130.12K | 0.00 | 0.00 |
PROCORE TECHNOLOGIES INCSOLE | COM | 750.72K | SH | $54.74M 1.68% | 750.72K | 0.00 | 0.00 |
KLA CORPSOLE | COM NEW | 47.51K | SH | $51.25M 1.57% | 47.51K | 0.00 | 0.00 |
HEICO CORP NEWSOLE | CL A | 197.63K | SH | $50.22M 1.54% | 197.63K | 0.00 | 0.00 |
MERCADOLIBRE INCSOLE | COM | 21.41K | SH | $50.04M 1.53% | 21.41K | 0.00 | 0.00 |
LATTICE SEMICONDUCTOR CORPSOLE | COM | 671.15K | SH | $49.21M 1.51% | 671.15K | 0.00 | 0.00 |
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