We are live on ! Find out more
NC

NZS Capital Portfolio holdings

AUM $3B
1-Year Est. Return 21.29%
This Fund
S&P 500
This Quarter Est. Return
+3.22%
1 Year Est. Return
+21.29%
3 Year Est. Return
+93.69%
5 Year Est. Return
+97.87%
10 Year Est. Return
–
AUM
$2.35B
AUM Growth
-$215M
Cap. Flow
-$220M
Cap. Flow %
-9.37%
Top 10 Hldgs %
40.31%
Holding
63
New
5
Increased
24
Reduced
30
Closed
4

Top Buys

Rank Stock Value
1
ANSS
Ansys
ANSS
+$30M
2
TEAM icon
Atlassian
TEAM
+$23.2M
3
CPRT icon
Copart
CPRT
+$20.7M
4
SNOW icon
Snowflake
SNOW
+$19.6M
5
TTAN
ServiceTitan Inc
TTAN
+$15.7M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$49.4M
2
KLAC icon
KLA
KLAC
+$32.4M
3
AAPL icon
Apple
AAPL
+$28.8M
4
AMD icon
Advanced Micro Devices
AMD
+$28.8M
5
CRM icon
Salesforce
CRM
+$28.2M

Sector Composition

Rank Sector Weight
1 Technology 54.55%
2 Industrials 10.18%
3 Communication Services 9.64%
4 Consumer Discretionary 6.48%
5 Healthcare 6.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GOOG icon
1
Alphabet (Google) Class C
GOOG
$4.29T
$176M 7.49%
924,120
-112,835
-11% -$19.9M
CDNS icon
2
Cadence Design Systems
CDNS
$90.4B
$107M 4.54%
355,087
+8,028
+2% +$2.33M
MSFT icon
3
Microsoft
MSFT
$3.72T
$102M 4.35%
242,302
-115,865
-32% -$49.4M
FISV
4
Fiserv Inc
FISV
$27.6B
$98.6M 4.2%
480,088
-50,729
-10% -$10.4M
PGR icon
5
Progressive
PGR
$124B
$95.9M 4.08%
400,351
+14,366
+4% +$3.62M
TXN icon
6
Texas Instruments
TXN
$260B
$79.4M 3.38%
423,500
-54,786
-11% -$11M
DHR icon
7
Danaher
DHR
$146B
$77.6M 3.3%
338,173
+16,001
+5% +$3.93M
LIN icon
8
Linde
LIN
$227B
$74.5M 3.17%
178,049
+6,521
+4% +$2.97M
LRCX icon
9
Lam Research
LRCX
$395B
$68.4M 2.91%
946,373
-3,117
-0.3% -$236K
ROP icon
10
Roper Technologies
ROP
$39.9B
$67.7M 2.88%
130,326
+16,477
+14% +$9.04M
APH icon
11
Amphenol
APH
$212B
$67.6M 2.88%
973,265
+62,212
+7% +$4.35M
MCHP icon
12
Microchip Technology
MCHP
$45B
$62.3M 2.65%
1,085,648
+134,913
+14% +$9.28M
URI icon
13
United Rentals
URI
$72.2B
$58.1M 2.47%
82,441
-1,386
-2% -$1.13M
SHOP icon
14
Shopify
SHOP
$197B
$57.5M 2.45%
540,465
-42,246
-7% -$4.11M
NVDA icon
15
NVIDIA
NVDA
$5.32T
$56.7M 2.41%
421,975
-116,299
-22% -$16M
ADSK icon
16
Autodesk
ADSK
$53.6B
$52.4M 2.23%
177,265
-13,711
-7% -$4.05M
AMT icon
17
American Tower
AMT
$79.5B
$45.1M 1.92%
245,704
+75,364
+44% +$15.6M
TOST icon
18
Toast
TOST
$20.7B
$41.4M 1.76%
1,136,908
-77,460
-6% -$2.72M
AAPL icon
19
Apple
AAPL
$4.47T
$40.5M 1.72%
161,829
-122,345
-43% -$28.8M
KLAC icon
20
KLA
KLAC
$263B
$39.6M 1.68%
628,280
-479,040
-43% -$32.4M
CPRT icon
21
Copart
CPRT
$27.3B
$38.5M 1.64%
670,449
+362,888
+118% +$20.7M
MELI icon
22
Mercado Libre
MELI
$95.5B
$37.8M 1.61%
22,205
+638
+3% +$1.24M
TT icon
23
Trane Technologies
TT
$108B
$35.9M 1.53%
97,155
-53,971
-36% -$21.4M
HEI icon
24
HEICO Corp
HEI
$51.4B
$34.9M 1.49%
146,902
+6,186
+4% +$1.6M
UBER icon
25
Uber
UBER
$160B
$34.7M 1.48%
575,582
+148,947
+35% +$10.6M
1
2 3

Similar funds

B
Braidwell Stamford, Connecticut $3B AUM 46.72% 1-Year Est. Return
SGI
Swan Global Investments Durango, Colorado $3B AUM 15.66% 1-Year Est. Return
SP
SurgoCap Partners New York $2.99B AUM 39.34% 1-Year Est. Return
DIG
Dragoneer Investment Group San Francisco, California $3B AUM 6.95% 1-Year Est. Return
PCM
Palisade Capital Management Fort Lee, New Jersey $3B AUM 14% 1-Year Est. Return
ROTUOC
Regents of the University of California Oakland, California $3.01B AUM 11.91% 1-Year Est. Return
PHAM
Pacific Heights Asset Management San Francisco, California $2.99B AUM 52.5% 1-Year Est. Return
BGDI
BW Gestao de Investimentos Sao Paulo, Brazil $3.01B AUM 27.43% 1-Year Est. Return

NZS Capital's Q4 2024 Portfolio in Review

As of Q4 2024, NZS Capital held 63 positions worth $2.35B, down 8.4% from $2.56B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

NZS Capital withdrew a net $220M in Q4 2024, closing 4 positions and reducing 30 holdings. Its most notable exit was Medpace, an estimated $23.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 55% of assets, down from 55% a quarter earlier, followed by Industrials and Communication Services.

Against the trend, NZS Capital opened a new position in Ansys worth $30.2M.

  • NZS Capital's largest Q4 2024 buy was Ansys: 89,543 shares worth $30.2M.
  • NZS Capital added most to Copart in Q4 2024, an estimated $20.7M increase.
  • NZS Capital's biggest Q4 2024 reduction was Microsoft, cutting an estimated $49.4M.
  • NZS Capital fully exited Medpace in Q4 2024, selling an estimated $23.7M.
  • NZS Capital's ten largest holdings make up 40% of its $2.35B portfolio in Q4 2024.
  • NZS Capital opened 5 new positions and closed 4 in Q4 2024.
  • NZS Capital's portfolio value fell 8.4% quarter-over-quarter to $2.35B.

Based on NZS Capital's 13F filing for Q4 2024, filed 14 Feb 2025.