NZS Capital, LLC — 13F Holdings & Portfolio
CIK 1816616 · latest 13F-HR filed 2026-08-14
NZS Capital, LLC manages $3.86B in 13F-reported U.S. long-equity assets across 61 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GOOG (7.71%), LRCX (6.01%), CDNS (4.91%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions and exited 4; 39 existing positions rose in reported value and 11 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$3.86B
Long-equity book
Holdings
61
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+7 / −4 / ↑39 / ↓11
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26GOOG7.7% · +11%LRCX6.0% · -7%CDNS4.9% · -4%APH4.7% · +35%NVDA4.2% · +136%TXN3.8% · -7%KLAC3.1% · +816%ROP2.8% · +10%PGR2.7% · +1%TT2.5% · +1%URI2.5% · -7%LIN2.5% · -21%DHR2.4% · -14%AJG2.3% · +6%ISRG2.3% · +37%PWR2.2% · +23%SYK2.1% · +11%ARM2.1% · -51%SHOP2.1% · +28%SNOW2.0% · -10%MRVL1.9% · -47%DASH1.7% · +53%IR1.7% · -13%AXON1.7% · +54%WDAY1.6% · -6%MELI1.5% · +16%LSCC1.4% · -37%HEI1.4% · -6%HEI.A1.4% · +1%AAPL1.3% · -8%TYL1.2% · -18%TOST1.2% · +9%GLBE1.0% · +17%FROG1.0% · -20%NU1.0% · -8%UBER1.0% · -30%SAIL1.0% · +10%CRWD0.9% · +362%MPWR0.9% · -4%NET0.9% · -0%ON0.8% · newTEAM0.8% · +11%RGEN0.7% · +1%DSGX0.7% · newDDOG0.6% · newADI0.6% · -17%RDDT0.6% · +31%LITE0.5% · newHTFL0.5% · +126%MSFT0.5% · -33%COIN0.4% · +19%Z0.4% · -24%AMZN0.4% · newCSGP0.3% · -33%SNPS0.3% · -70%AXGN0.3% · newSABR0.3% · 0%FIG0.3% · +132%SPOT0.1% · +81%IOT0.1% · +114%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 42.5%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Apr 23, 2026.
Assets Under Management
$4.06B
Discretionary
$4.06B
Employees
9
Accounts
9
Address
1756 PLATTE STREET
DENVER, CO 80202
DENVER, CO 80202
Phone
(720) 282-9746
This firm reports 1 disclosure item on its registration.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| JOHNS, BRINTON, EUGENE Control | MANAGER, CO-FOUNDER, INVESTOR since Apr 2019 | 10–25% | Individual |
| JUPITER INVESTMENT MANAGEMENT HOLDINGS LLC Control | MEMBER since Feb 2020 | 25–50% | Domestic Entity |
| PIKE, TRACY, BETH Control | CHIEF OPERATING OFFICER, CHIEF COMPLIANCE OFFICER since Jan 2025 | Less than 5% | Individual |
| SLINGERLEND, JASON, BRADLEY Control | MANAGER, CO-FOUNDER, INVESTOR since Apr 2019 | 10–25% | Individual |
| BATHGATE, JONATHAN, WINDSOR | MEMBER since Feb 2020 | 5–10% | Individual |
| FURMANSKI, JOSEPH, MARTIN | MEMBER since Mar 2020 | 5–10% | Individual |
| JUPITER ASSET MANAGEMENT (N. AMERICA) INC Control Indirect owner via JUPITER INVESTMENT MANAGEMENT HOLDINGS LLC | SHAREHOLDER since Feb 2020 | 75% or more | Domestic Entity |
| JUPITER ASSET MANAGEMENT GROUP LIMITED Control Indirect owner via KNIGHTSBRIDGE ASSET MANAGEMENT LIMITED | SHAREHOLDER since Jun 2007 | 75% or more | Foreign Entity |
| JUPITER FUND MANAGEMENT GROUP LIMITED Control Indirect owner via JUPITER ASSET MANAGEMENT GROUP LIMITED | SHAREHOLDER since Mar 2007 | 75% or more | Foreign Entity |
| JUPITER FUND MANAGEMENT PLC Control Indirect owner via JUPITER FUND MANAGEMENT GROUP LIMITED | SHAREHOLDER since Mar 2007 | 75% or more | Foreign Entity |
| JUPITER INVESTMENT MANAGEMENT GROUP LIMITED Control Indirect owner via JUPITER ASSET MANAGEMENT (N. AMERICA) INC | SHAREHOLDER since Feb 2020 | 75% or more | Foreign Entity |
| KNIGHTSBRIDGE ASSET MANAGEMENT LIMITED Control Indirect owner via JUPITER INVESTMENT MANAGEMENT GROUP LIMITED | SHAREHOLDER since Sep 2004 | 75% or more | Foreign Entity |
Ownership & leadership changes · 6 filings with changes since Jun 18, 2020
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Jan 30, 2025 filing
- No longer listedSCHOR, ADAM, DAVID · PRESIDENT, CHIEF COMPLIANCE OFFICER · 10–25% · control person · listed since Feb 2020
- ChangedPIKE, TRACY, BETH · title CHIEF OPERATING OFFICER → CHIEF OPERATING OFFICER, CHIEF COMPLIANCE OFFICER
Mar 28, 2024 filing
- ChangedJOHNS, BRINTON, EUGENE · ownership 25–50% → 10–25%
- ChangedSLINGERLEND, JASON, BRADLEY · ownership 25–50% → 10–25%
Apr 29, 2022 filing
- AddedJUPITER ASSET MANAGEMENT GROUP LIMITED · SHAREHOLDER · 75% or more · indirect via KNIGHTSBRIDGE ASSET MANAGEMENT LIMITED · control person
- AddedJUPITER FUND MANAGEMENT GROUP LIMITED · SHAREHOLDER · 75% or more · indirect via JUPITER ASSET MANAGEMENT GROUP LIMITED · control person
- AddedJUPITER FUND MANAGEMENT PLC · SHAREHOLDER · 75% or more · indirect via JUPITER FUND MANAGEMENT GROUP LIMITED · control person
- AddedKNIGHTSBRIDGE ASSET MANAGEMENT LIMITED · SHAREHOLDER · 75% or more · indirect via JUPITER INVESTMENT MANAGEMENT GROUP LIMITED · control person
- ChangedJUPITER ASSET MANAGEMENT (N. AMERICA) INC · indirect via JUPITER INVESTMENT MANAGEMENT HOLDINGS LLC: title OWNER → SHAREHOLDER
- ChangedJUPITER INVESTMENT MANAGEMENT GROUP LIMITED · indirect via JUPITER ASSET MANAGEMENT (N. AMERICA) INC: title OWNER → SHAREHOLDER
Apr 20, 2022 filing
- No longer listedPEREZ, NICHOLAS, PAUL · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Mar 2022
- ChangedSCHOR, ADAM, DAVID · title PRESIDENT → PRESIDENT, CHIEF COMPLIANCE OFFICER
Mar 31, 2022 filing
- AddedPEREZ, NICHOLAS, PAUL · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedPIKE, TRACY, BETH · CHIEF OPERATING OFFICER · Less than 5% · control person
- ChangedSCHOR, ADAM, DAVID · title PRESIDENT AND CHIEF COMPLIANCE OFFICER → PRESIDENT
Mar 31, 2021 filing
- AddedFURMANSKI, JOSEPH, MARTIN · MEMBER · 5–10%
Jun 18, 2020 filing (earliest on record)
- ListedBATHGATE, JONATHAN, WINDSOR · MEMBER · 5–10%
- ListedJOHNS, BRINTON, EUGENE · MANAGER, CO-FOUNDER, INVESTOR · 25–50% · control person
- ListedJUPITER ASSET MANAGEMENT (N. AMERICA) INC · OWNER · 75% or more · indirect via JUPITER INVESTMENT MANAGEMENT HOLDINGS LLC · control person
- ListedJUPITER INVESTMENT MANAGEMENT GROUP LIMITED · OWNER · 75% or more · indirect via JUPITER ASSET MANAGEMENT (N. AMERICA) INC · control person
- ListedJUPITER INVESTMENT MANAGEMENT HOLDINGS LLC · MEMBER · 25–50% · control person
- ListedSCHOR, ADAM, DAVID · PRESIDENT AND CHIEF COMPLIANCE OFFICER · 10–25% · control person
- ListedSLINGERLEND, JASON, BRADLEY · MANAGER, CO-FOUNDER, INVESTOR · 25–50% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- LAM RESEARCH CORP$109.2M +89.1%
- NVIDIA CORPORATION$102.2M +170.3%
- AMPHENOL CORP$84.7M +88.3%
- ALPHABET INC$79.0M +36.2%
- KLA CORP$55.8M +87.8%
Top Trims
- SYNOPSYS INC-$25.7M -66.6%
- TYLER TECHNOLOGIES INC-$20.2M -29.8%
- LINDE PLC-$19.6M -17.2%
- UBER TECHNOLOGIES INC-$15.8M -29.6%
- COSTAR GROUP INC-$15.2M -52.9%
New Positions
- ON SEMICONDUCTOR CORP$31.7M
- DESCARTES SYS GROUP INC$27.6M
- DATADOG INC$23.2M
- LUMENTUM HLDGS INC$19.5M
- AMAZON COM INC$13.8M
Exited Positions
- PENUMBRA INC$22.7M
- AFFIRM HLDGS INC$16.8M
- AMERICAN TOWER CORP$15.8M
- SALESFORCE INC$5.5M
NZS Capital, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 02079K107 | $297.2M | 7.71% | 841,068 | SH |
| 2 | LAM RESEARCH CORP | LRCX | 512807306 | $231.8M | 6.01% | 535,030 | SH |
| 3 | CADENCE DESIGN SYSTEM INC | CDNS | 127387108 | $189.5M | 4.91% | 504,782 | SH |
| 4 | AMPHENOL CORP | APH | 032095101 | $180.6M | 4.68% | 1,024,330 | SH |
| 5 | NVIDIA CORPORATION | NVDA | 67066G104 | $162.3M | 4.21% | 811,031 | SH |
| 6 | TEXAS INSTRS INC | TXN | 882508104 | $147.7M | 3.83% | 495,364 | SH |
| 7 | KLA CORP | KLAC | 482480100 | $119.4M | 3.10% | 395,646 | SH |
| 8 | ROPER TECHNOLOGIES INC | ROP | 776696106 | $108.0M | 2.80% | 319,087 | SH |
| 9 | PROGRESSIVE CORP | PGR | 743315103 | $105.8M | 2.74% | 484,418 | SH |
| 10 | TRANE TECHNOLOGIES PLC | TT | G8994E103 | $97.8M | 2.54% | 199,063 | SH |
| 11 | UNITED RENTALS INC | URI | 911363109 | $97.4M | 2.53% | 85,939 | SH |
| 12 | LINDE PLC | LIN | G54950103 | $94.5M | 2.45% | 182,134 | SH |
| 13 | DANAHER CORP DEL | DHR | 235851102 | $91.0M | 2.36% | 477,506 | SH |
| 14 | GALLAGHER ARTHUR J & CO | AJG | 363576109 | $89.4M | 2.32% | 389,613 | SH |
| 15 | INTUITIVE SURGICAL INC | ISRG | 46120E602 | $86.8M | 2.25% | 218,238 | SH |
| 16 | QUANTA SVCS INC | PWR | 74762E102 | $86.2M | 2.24% | 119,746 | SH |
| 17 | STRYKER CORPORATION | SYK | 863667101 | $81.4M | 2.11% | 258,631 | SH |
| 18 | ARM HOLDINGS PLC | ARM | 042068205 | $81.3M | 2.11% | 229,378 | SH |
| 19 | SHOPIFY INC | SHOP | 82509L107 | $80.4M | 2.08% | 703,753 | SH |
| 20 | SNOWFLAKE INC | SNOW | 833445109 | $76.1M | 1.97% | 299,061 | SH |
| 21 | MARVELL TECHNOLOGY INC | MRVL | 573874104 | $72.8M | 1.89% | 244,432 | SH |
| 22 | DOORDASH INC | DASH | 25809K105 | $67.2M | 1.74% | 364,078 | SH |
| 23 | INGERSOLL RAND INC | IR | 45687V106 | $64.9M | 1.68% | 791,359 | SH |
| 24 | AXON ENTERPRISE INC | AXON | 05464C101 | $64.1M | 1.66% | 114,386 | SH |
| 25 | WORKDAY INC | WDAY | 98138H101 | $60.9M | 1.58% | 497,876 | SH |
| 26 | MERCADOLIBRE INC | MELI | 58733R102 | $58.5M | 1.52% | 34,469 | SH |
| 27 | LATTICE SEMICONDUCTOR CORP | LSCC | 518415104 | $54.7M | 1.42% | 357,520 | SH |
| 28 | HEICO CORP NEW | HEI | 422806109 | $54.5M | 1.41% | 153,023 | SH |
| 29 | HEICO CORP NEW | HEI.A | 422806208 | $53.1M | 1.38% | 205,928 | SH |
| 30 | APPLE INC | AAPL | 037833100 | $48.9M | 1.27% | 168,904 | SH |
| 31 | TYLER TECHNOLOGIES INC | TYL | 902252105 | $47.7M | 1.24% | 163,214 | SH |
| 32 | TOAST INC | TOST | 888787108 | $44.8M | 1.16% | 1,610,331 | SH |
| 33 | GLOBAL E ONLINE LTD | GLBE | M5216V106 | $39.8M | 1.03% | 1,146,508 | SH |
| 34 | JFROG LTD | FROG | M6191J100 | $39.4M | 1.02% | 433,501 | SH |
| 35 | NU HLDGS LTD | NU | G6683N103 | $38.8M | 1.01% | 2,902,887 | SH |
| 36 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $37.7M | 0.98% | 521,959 | SH |
| 37 | SAILPOINT INC | SAIL | 78781J109 | $37.0M | 0.96% | 2,530,450 | SH |
| 38 | CROWDSTRIKE HLDGS INC | CRWD | 22788C105 | $36.4M | 0.94% | 47,712 | SH |
| 39 | MONOLITHIC PWR SYS INC | MPWR | 609839105 | $35.3M | 0.92% | 25,529 | SH |
| 40 | CLOUDFLARE INC | NET | 18915M107 | $33.5M | 0.87% | 136,583 | SH |
| 41 | ON SEMICONDUCTOR CORP | ON | 682189105 | $31.7M | 0.82% | 335,531 | SH |
| 42 | ATLASSIAN CORPORATION | TEAM | 049468101 | $31.6M | 0.82% | 405,847 | SH |
| 43 | REPLIGEN CORP | RGEN | 759916109 | $28.0M | 0.73% | 205,257 | SH |
| 44 | DESCARTES SYS GROUP INC | DSGX | 249906108 | $27.6M | 0.72% | 398,945 | SH |
| 45 | DATADOG INC | DDOG | 23804L103 | $23.2M | 0.60% | 89,200 | SH |
| 46 | ANALOG DEVICES INC | ADI | 032654105 | $23.1M | 0.60% | 58,266 | SH |
| 47 | REDDIT INC | RDDT | 75734B100 | $21.9M | 0.57% | 125,938 | SH |
| 48 | LUMENTUM HLDGS INC | LITE | 55024U109 | $19.5M | 0.51% | 22,702 | SH |
| 49 | HEARTFLOW INC | HTFL | 42238D107 | $19.2M | 0.50% | 656,014 | SH |
| 50 | MICROSOFT CORP | MSFT | 594918104 | $18.9M | 0.49% | 50,734 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $3.86B | 61 | 0001816616-26-000004 |
| 2026-03-31 | 2026-05-15 | $3.00B | 58 | 0001816616-26-000003 |
| 2025-12-31 | 2026-02-12 | $3.26B | 62 | 0001816616-26-000002 |
| 2025-09-30 | 2025-11-12 | $3.27B | 61 | 0001816616-25-000008 |
Filer Information
Address
1756 PLATTE STREETDENVER, CO 80202
Phone
(720) 282-9746
Filing Manager
NZS Capital, LLC
DENVER, CO
Signatory
Tracy Pike
CCO / COO