Nzs Capital, LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1816616) · Explore on the interactive board
Nzs Capital, LLC disclosed 61 US equity positions worth $3.9bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is GOOG at 7.7% of the reported book, followed by LRCX, CDNS. The top ten holdings are 42.5% of the book, and the portfolio behaves like about 34 equal-weight positions. Versus the prior filing it opened 7 new positions, added to 28, reduced 24 and exited 4. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Nzs Capital, LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 7 new, 28 added, 24 reduced, 4 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | GOOG ALPHABET INC | Communication Services | 7.7% | $297.2m | 841,068 | 11% | added |
| 2 | LRCX LAM RESEARCH CORP | Technology | 6.0% | $231.8m | 535,030 | -7% | reduced |
| 3 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 4.9% | $189.5m | 504,782 | -4% | reduced |
| 4 | APH AMPHENOL CORP | Technology | 4.7% | $180.6m | 1,024,330 | 35% | added |
| 5 | NVDA NVIDIA CORPORATION | Technology | 4.2% | $162.3m | 811,031 | 136% | added |
| 6 | TXN TEXAS INSTRS INC | Technology | 3.8% | $147.7m | 495,364 | -7% | reduced |
| 7 | KLAC KLA CORP | Technology | 3.1% | $119.4m | 395,646 | 816% | added |
| 8 | ROP ROPER TECHNOLOGIES INC | Technology | 2.8% | $108.0m | 319,087 | 10% | added |
| 9 | PGR PROGRESSIVE CORP | Financial Services | 2.7% | $105.8m | 484,418 | 1% | added |
| 10 | TT TRANE TECHNOLOGIES PLC | Industrials | 2.5% | $97.8m | 199,063 | 1% | added |
| 11 | URI UNITED RENTALS INC | Industrials | 2.5% | $97.4m | 85,939 | -7% | reduced |
| 12 | LIN LINDE PLC | Basic Materials | 2.5% | $94.5m | 182,134 | -21% | reduced |
| 13 | DHR DANAHER CORP DEL | Healthcare | 2.4% | $91.0m | 477,506 | -14% | reduced |
| 14 | AJG GALLAGHER ARTHUR J & CO | Financial Services | 2.3% | $89.4m | 389,613 | 6% | added |
| 15 | ISRG INTUITIVE SURGICAL INC | Healthcare | 2.3% | $86.8m | 218,238 | 37% | added |
| 16 | PWR QUANTA SVCS INC | Industrials | 2.2% | $86.2m | 119,746 | 23% | added |
| 17 | SYK STRYKER CORPORATION | Healthcare | 2.1% | $81.4m | 258,631 | 11% | added |
| 18 | ARM ARM HOLDINGS PLC | Technology | 2.1% | $81.3m | 229,378 | -51% | reduced |
| 19 | SHOP SHOPIFY INC | Technology | 2.1% | $80.4m | 703,753 | 28% | added |
| 20 | SNOW SNOWFLAKE INC | Technology | 2.0% | $76.1m | 299,061 | -10% | reduced |
| 21 | MRVL MARVELL TECHNOLOGY INC | Technology | 1.9% | $72.8m | 244,432 | -47% | reduced |
| 22 | DASH DOORDASH INC | Consumer Cyclical | 1.7% | $67.2m | 364,078 | 53% | added |
| 23 | IR INGERSOLL RAND INC | Industrials | 1.7% | $64.9m | 791,359 | -13% | reduced |
| 24 | AXON AXON ENTERPRISE INC | Industrials | 1.7% | $64.1m | 114,386 | 54% | added |
| 25 | WDAY WORKDAY INC | Technology | 1.6% | $60.9m | 497,876 | -6% | reduced |
| 26 | MELI MERCADOLIBRE INC | Consumer Cyclical | 1.5% | $58.5m | 34,469 | 16% | added |
| 27 | LSCC LATTICE SEMICONDUCTOR CORP | Technology | 1.4% | $54.7m | 357,520 | -37% | reduced |
| 28 | HEI HEICO CORP NEW | Industrials | 1.4% | $54.5m | 153,023 | -6% | reduced |
| 29 | HEI/A HEICO CORP NEW | 1.4% | $53.1m | 205,928 | 1% | added | |
| 30 | AAPL APPLE INC | Technology | 1.3% | $48.9m | 168,904 | -8% | reduced |
| 31 | TYL TYLER TECHNOLOGIES INC | Technology | 1.2% | $47.7m | 163,214 | -18% | reduced |
| 32 | TOST TOAST INC | Technology | 1.2% | $44.8m | 1,610,331 | 9% | added |
| 33 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 1.0% | $39.8m | 1,146,508 | 17% | added |
| 34 | FROG JFROG LTD | Technology | 1.0% | $39.4m | 433,501 | -20% | reduced |
| 35 | NU NU HLDGS LTD | Financial Services | 1.0% | $38.8m | 2,902,887 | -8% | reduced |
| 36 | UBER UBER TECHNOLOGIES INC | Technology | 1.0% | $37.7m | 521,959 | -30% | reduced |
| 37 | SAIL SAILPOINT INC | Technology | 1.0% | $37.0m | 2,530,450 | 10% | added |
| 38 | CRWD CROWDSTRIKE HLDGS INC | Technology | 0.9% | $36.4m | 47,712 | 363% | added |
| 39 | MPWR MONOLITHIC PWR SYS INC | Technology | 0.9% | $35.3m | 25,529 | -4% | reduced |
| 40 | NET CLOUDFLARE INC | Technology | 0.9% | $33.5m | 136,583 | -0% | held |
| 41 | ON ON SEMICONDUCTOR CORP | Technology | 0.8% | $31.7m | 335,531 | – | new |
| 42 | TEAM ATLASSIAN CORPORATION | Technology | 0.8% | $31.6m | 405,847 | 11% | added |
| 43 | RGEN REPLIGEN CORP | Healthcare | 0.7% | $28.0m | 205,257 | 1% | added |
| 44 | DSGX DESCARTES SYS GROUP INC | Technology | 0.7% | $27.6m | 398,945 | – | new |
| 45 | DDOG DATADOG INC | Technology | 0.6% | $23.2m | 89,200 | – | new |
| 46 | ADI ANALOG DEVICES INC | Technology | 0.6% | $23.1m | 58,266 | -17% | reduced |
| 47 | RDDT REDDIT INC | Communication Services | 0.6% | $21.9m | 125,938 | 31% | added |
| 48 | LITE LUMENTUM HLDGS INC | Technology | 0.5% | $19.5m | 22,702 | – | new |
| 49 | HTFL HEARTFLOW INC | Healthcare | 0.5% | $19.2m | 656,014 | 126% | added |
| 50 | MSFT MICROSOFT CORP | Technology | 0.5% | $18.9m | 50,734 | -33% | reduced |
What did Nzs Capital, LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| PEN PENUMBRA INC | 37.3% | $22.7m |
| AFRM AFFIRM HLDGS INC | 27.6% | $16.8m |
| AMT AMERICAN TOWER CORP | 26.1% | $15.8m |
| CRM SALESFORCE INC | 9.0% | $5.5m |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 55.5% |
| Industrials | 12.1% |
| Communication Services | 8.8% |
| Healthcare | 8.3% |
| Financial Services | 6.5% |
| Consumer Cyclical | 4.7% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Nzs Capital, LLC's portfolio?
Across every quarter Nzs Capital, LLC has filed, its median largest position is 7.5% of the book and its median top-ten weight is 41.1%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 4.0 completed holding spells, the median lasted 1.0 quarters; 61.0 positions are still open and their final length is unknown.