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Livermore
Livermore
ZHEN

Sanders Capital, LLC

SEC CIK
0001508097
Latest filing
Aug 10, 2026

The latest 13F from Sanders Capital, LLC covers Q2 2026 (filed Aug 10, 2026): 47 long positions worth $99.8B. The top 10 holdings make up 60.2% of the portfolio, and the largest is Taiwan Semiconductor Manufacturing Co Ltd (TSM) at 12.5%. Livermore has 32 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
4
Est. +$4.51B
Added
9
Est. +$5.64B
Reduced
34
Est. −$12.1B
Sold out
1
Est. −$2.22B

Top 5 holdings

Share of this quarter's portfolio value

  1. TSMTaiwan Semiconductor Manufacturing Co Ltd
    12.5%$12.5BHistory
  2. GOOGAlphabet Inc.
    9.7%$9.71BHistory
  3. AMZNAmazon Com Inc
    7.0%$7.00BHistory
  4. METAMeta Platforms, Inc.
    6.1%$6.10BHistory
  5. MSFTMicrosoft Corp
    6.0%$6.01BHistory

Biggest buys

New and added positions, by estimated amount bought

  1. NVDANVIDIA Corp
    +$3.09BAddedHistory
  2. AVGOBroadcom Inc.
    +$1.95BNewHistory
  3. MSFTMicrosoft Corp
    +$1.38BAddedHistory
  4. DISWalt Disney Co
    +$1.33BNewHistory
  5. RCLRoyal Caribbean Cruises Ltd
    +$826.6MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. NVDANVIDIA Corp
    +3.04 pp1.5% → 4.5%History
  2. AVGOBroadcom Inc.
    +1.95 pp0.0% → 2.0%History
  3. DISWalt Disney Co
    +1.33 pp0.0% → 1.3%History
  4. RCLRoyal Caribbean Cruises Ltd
    +0.83 pp0.0% → 0.8%History
  5. MSFTMicrosoft Corp
    +0.55 pp5.5% → 6.0%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. STXSeagate Technology Holdings plc
    −$9.08BReducedHistory
  2. ACNAccenture plc
    −$2.22BSold outHistory
  3. TSMTaiwan Semiconductor Manufacturing Co Ltd
    −$912.6MReducedHistory
  4. SPYSPDR S&P 500 ETF Trust
    −$661.7MReducedHistory
  5. GOOGAlphabet Inc.
    −$445.2MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. STXSeagate Technology Holdings plc
    −2.65 pp6.0% → 3.4%History
  2. ACNAccenture plc
    −2.65 pp2.6% → 0.0%History
  3. HCAHCA Healthcare, Inc.
    −1.60 pp5.1% → 3.4%History
  4. SPYSPDR S&P 500 ETF Trust
    −0.74 pp2.3% → 1.5%History
  5. NOCNorthrop Grumman Corp
    −0.59 pp1.5% → 0.9%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$99.8B
+$15.9B (+18.9%) vs. prior quarter
Positions
47
+3 vs. prior quarter
Top 10 concentration
60.2%
Top 10 as share of value
Turnover
11.1%
Q2 2026, one quarter
Average holding period
15.8 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $99.8B (Q2 2026)

Q1 2021: $41.5BQ2 2021: $44.1BQ3 2021: $44.1BQ4 2021: $49.0BQ1 2022: $46.0BQ2 2022: $39.5BQ3 2022: $36.4BQ4 2022: $38.1BQ1 2023: $42.2BQ2 2023: $47.9BQ3 2023: $47.3BQ4 2023: $54.1BQ1 2024: $59.9BQ2 2024: $65.3BQ3 2024: $69.0BQ4 2024: $68.4BQ1 2025: $66.9BQ2 2025: $74.5BQ3 2025: $81.3BQ4 2025: $86.8BQ1 2026: $83.9BQ2 2026: $99.8B
Q1 2021Q2 2026
13F filings of Sanders Capital, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 10, 202647$99.8BTSMGOOGAMZNvs. Q1 2026SEC
Q1 2026May 14, 202644$83.9BTSMGOOGAMZNvs. Q4 2025SEC
Q4 2025Feb 13, 202644$86.8BGOOGTSMMETAvs. Q3 2025SEC
Q3 2025Nov 13, 202547$81.3BTSMGOOGMETAvs. Q2 2025SEC
Q2 2025Aug 8, 202547$74.5BTSMMETAMSFTvs. Q1 2025SEC
Q1 2025May 14, 202547$66.9BMETATSMGOOGvs. Q4 2024SEC
Q4 2024Feb 13, 202546$68.4BTSMMETAGOOGvs. Q3 2024SEC
Q3 2024Nov 13, 202445$69.0BMETATSMMSFTvs. Q2 2024SEC
Q2 2024Aug 9, 202445$65.3BTSMMETAMSFTvs. Q1 2024SEC
Q1 2024May 10, 202442$59.9BMETATSMMSFTvs. Q4 2023SEC
Q4 2023Feb 12, 202444$54.1BMETAMSFTTSMvs. Q3 2023SEC
Q3 2023Nov 9, 202344$47.3BMETAMSFTTSMvs. Q2 2023SEC
Q2 2023Aug 11, 202349$47.9BTSMMSFTMETAvs. Q1 2023SEC
Q1 2023May 10, 202348$42.2BTSMMSFTMETAvs. Q4 2022SEC
Q4 2022Feb 10, 202346$38.1BTSMGOOGUNHvs. Q3 2022SEC
Q3 2022Feb 17, 2023Amended42$36.4BUNHGOOGTSMvs. Q2 2022SEC
Q2 2022Aug 12, 202242$39.5BGOOGUNHTSMvs. Q1 2022SEC
Q1 2022Aug 24, 2022Amended44$46.0BGOOGTSMUNHvs. Q4 2021SEC
Q4 2021Aug 25, 2022Amended44$49.0BTSMGOOGMUvs. Q3 2021SEC
Q3 2021Aug 24, 2022Amended45$44.1BTSMGOOGMETAvs. Q2 2021SEC
Q2 2021Aug 24, 2022Amended46$44.1BTSMGOOGMETAvs. Q1 2021SEC
Q1 2021Aug 24, 2022Amended44$41.5BTSMGOOGMU–SEC

13D and 13G filings

Companies where Sanders Capital, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Sanders Capital, LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
ULTAUlta Beauty, Inc.13G5.74%2.47M sharesNewAug 4, 20261 filingAug 4, 2026SEC

Latest filings

6 filings on file made by Sanders Capital, LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Sanders Capital, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
STXSeagate Technology Holdings plcAug 5, 20263:12 PM ET13G/A1.56%3.50M shares−4.42 ppfrom 5.98%Below 5%Jun 30, 2026SEC
ULTAUlta Beauty, Inc.Aug 4, 202612:25 PM ET13G5.74%2.47M sharesNewJun 30, 2026SEC
STXSeagate Technology Holdings plcApr 16, 20267:17 AM ET13G/A5.98%13.0M shares−2.95 ppfrom 8.93%Mar 31, 2026SEC
STXSeagate Technology Holdings plcMay 14, 20255:33 PM ET13G/A8.93%18.9M shares–Mar 31, 2025SEC
STXSeagate Technology Holdings plcFeb 14, 202413G/AOld format–––SEC
STXSeagate Technology Holdings plcFeb 17, 202313GOld format–New–SEC