1y return+14.5%S&P 500 +20.9%
3y return+94.3%S&P 500 +68.5%
5y return+25.6%S&P 500 +74.5%
10y return+496.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $596 against $357 in the S&P 500.2
Zevenbergen Capital Investments LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANVIDIA Corporation | $361.3M | 8.3% | −8.6% |
| AMDAdvanced Micro Devices, Inc. | $239.1M | 5.5% | −26.5% |
| TSLATesla, Inc. | $224.7M | 5.1% | |
| MUMicron Technology, Inc. | $200.8M | 4.6% | −9.4% |
| GOOGAlphabet Inc. Class C | $193.1M | 4.4% | |
| AXONAxon Enterprise, Inc. | $169.4M | 3.9% | +4.8% |
| AMZNAmazon.com, Inc. | $147.4M | 3.4% | −2.4% |
| AAPLApple Inc. | $145.9M | 3.3% | |
| SHOPShopify Inc. | $135.2M | 3.1% | −9.6% |
| METAMeta Platforms, Inc. | $124.2M | 2.8% | −2.0% |
| AVGOBroadcom Inc. | $120.6M | 2.8% | +2.1% |
| MSFTMicrosoft Corporation | $116.5M | 2.7% | |
| MELIMercadoLibre, Inc. | $114.3M | 2.6% | −5.9% |
| MPWRMonolithic Power Systems, Inc. | $108.7M | 2.5% | −4.0% |
| Credo Technology Group HoldingCUSIP G25457105 | $108.6M | 2.5% | |
| CRWDCrowdStrike Holdings, Inc. | $106.2M | 2.4% | −5.4% |
| RKLBRocket Lab Corporation | $102.2M | 2.3% | −2.0% |
| VRTVertiv Holdings Co. | $93.7M | 2.1% | −6.7% |
| SNOWSnowflake Inc. | $93.7M | 2.1% | −15.0% |
| GOOGLAlphabet Inc. Class A | $79.8M | 1.8% | −1.6% |
| PWRQuanta Services, Inc. | $71.7M | 1.6% | |
| NTRANatera, Inc. | $69.1M | 1.6% | −2.7% |
| AMATApplied Materials, Inc. | $57.0M | 1.3% | |
| TOSTToast, Inc. | $55.4M | 1.3% | +12.3% |
| TSMTaiwan Semiconductor Mfg Ltd | $51.9M | 1.2% | +60.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANVIDIA Corporation | June 30, 2020 | +2006.7% | $361.3M |
| AMDAdvanced Micro Devices, Inc. | September 30, 2022 | +816.8% | $239.1M |
| AMATApplied Materials, Inc. | September 30, 2022 | +782.5% | $57.0M |
| Credo Technology Group HoldingCUSIP G25457105 | June 30, 2024 | +751.4% | $108.6M |
| APHAmphenol Corporation | June 30, 2020 | +636.1% | $31.0M |
| MPWRMonolithic Power Systems, Inc. | June 30, 2020 | +483.3% | $108.7M |
| AXONAxon Enterprise, Inc. | June 30, 2020 | +471.3% | $169.4M |
| NTRANatera, Inc. | March 31, 2023 | +388.9% | $69.1M |
| PANWPalo Alto Networks, Inc. | June 30, 2022 | +314.3% | $32.0M |
| VRTVertiv Holdings Co. | June 30, 2024 | +286.8% | $93.7M |
Sold off last quarter
- CSHXCashmere Valley Bank was $27.7M
- INTUIntuit Inc. was $11.0M
- ARQTArcutis Biotherapeutics, Inc. was $8.4M
- ZZillow Group, Inc. Class C was $5.4M
- Sportradar Group AgCUSIP H8088L103 was $3.8M
- ZTSZoetis Inc. was $1.5M
- Makemytrip LimitedCUSIP V5633W109 was $1.4M
- TTDThe Trade Desk, Inc. was $459K
- PLPlanet Labs PBC was $366K
- ARESAres Management Corporation was $239K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +26.8% | +14.8% |
| March 31, 2026 | −12.7% | −4.6% |
| December 31, 2025 | −1.2% | +2.4% |
| September 30, 2025 | +4.8% | +7.8% |
| June 30, 2025 | +30.8% | +10.5% |
| March 31, 2025 | −14.3% | −4.6% |
| December 31, 2024 | +9.3% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +5.2% | +4.0% |
| March 31, 2024 | +12.7% | +10.0% |
| December 31, 2023 | +15.9% | +11.2% |
| September 30, 2023 | −4.8% | −3.6% |
| June 30, 2023 | +17.0% | +8.3% |
| March 31, 2023 | +28.7% | +7.0% |
| December 31, 2022 | −9.3% | +7.1% |
| September 30, 2022 | +7.6% | −5.3% |
| June 30, 2022 | −40.7% | −16.5% |
| March 31, 2022 | −19.0% | −4.9% |
| December 31, 2021 | −4.8% | +10.7% |
| September 30, 2021 | −3.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Zevenbergen Capital Investments LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1276918&type=13F-HR&dateb=&owner=include&count=40CIK 1276918
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1276918/000127691826000007/Filed July 16, 2026 · accession 0001276918-26-000007