13F COMBINATION REPORT
ZEVENBERGEN CAPITAL INVESTMENTS LLC
Quarter ended Q3 2025 · Filed October 9, 2025 · Accession 0001276918-25-000017
Total Value
$5.14B
Positions
178
Other Managers
2
Confidential Omitted
No
Holdings (178)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA Corporation | NVDA | 1,611,831 | $300.7M | 5.85% |
| 2 | Tesla, Inc. | TSLA | 618,517 | $275.1M | 5.35% |
| 3 | Shopify Inc. | SHOP | 1,325,790 | $197.0M | 3.83% |
| 4 | Axon Enterprise, Inc. | AXON | 255,839 | $183.6M | 3.57% |
| 5 | MercadoLibre, Inc. | MELI | 76,867 | $179.6M | 3.49% |
| 6 | NVIDIA Corporation | NVDA | 885,770 | $165.3M | 3.21% |
| 7 | Alphabet Inc. Class C | GOOG | 628,100 | $153.0M | 2.97% |
| 8 | Amazon.com, Inc. | AMZN | 658,154 | $144.5M | 2.81% |
| 9 | Microsoft Corporation | MSFT | 274,400 | $142.1M | 2.76% |
| 10 | Meta Platforms, Inc. | META | 189,510 | $139.2M | 2.71% |
| 11 | Meta Platforms, Inc. | META | 161,338 | $118.5M | 2.30% |
| 12 | Apple Inc. | AAPL | 432,000 | $110.0M | 2.14% |
| 13 | Netflix, Inc. | NFLX | 87,980 | $105.5M | 2.05% |
| 14 | Broadcom Inc. | AVGO | 308,700 | $101.8M | 1.98% |
| 15 | Uber Technologies, Inc. | UBER | 1,022,095 | $100.1M | 1.95% |
| 16 | CrowdStrike Holdings, Inc. | CRWD | 157,555 | $77.3M | 1.50% |
| 17 | ServiceNow, Inc. | NOW | 82,416 | $75.8M | 1.47% |
| 18 | The Trade Desk, Inc. | 88339j105 | 1,509,466 | $74.0M | 1.44% |
| 19 | Spotify Technology S.A. | SPOT | 104,239 | $72.8M | 1.41% |
| 20 | Shopify Inc. | SHOP | 483,500 | $71.9M | 1.40% |
| 21 | Tesla, Inc. | TSLA | 144,700 | $64.4M | 1.25% |
| 22 | Snowflake Inc. | SNOW | 275,807 | $62.2M | 1.21% |
| 23 | NVIDIA Corporation | NVDA | 288,200 | $53.8M | 1.05% |
| 24 | Natera, Inc. | NTRA | 327,515 | $52.7M | 1.02% |
| 25 | Amazon.com, Inc. | AMZN | 239,500 | $52.6M | 1.02% |
| 26 | Toast, Inc. | TOST | 1,437,460 | $52.5M | 1.02% |
| 27 | Zillow Group, Inc. Class C | Z | 671,746 | $51.8M | 1.01% |
| 28 | e.l.f. Beauty, Inc. | ELF | 383,668 | $50.8M | 0.99% |
| 29 | Veeva Systems Inc. | VEEV | 161,875 | $48.2M | 0.94% |
| 30 | Micron Technology, Inc. | MU | 283,100 | $47.4M | 0.92% |
| 31 | Axon Enterprise, Inc. | AXON | 65,300 | $46.9M | 0.91% |
| 32 | Advanced Micro Devices, Inc. | AMD | 281,559 | $45.6M | 0.89% |
| 33 | Arm Holdings Plc | 042068205 | 316,472 | $44.8M | 0.87% |
| 34 | Tesla, Inc. | TSLA | 99,480 | $44.2M | 0.86% |
| 35 | Rocket Lab Corporation | RKLB | 889,061 | $42.6M | 0.83% |
| 36 | Advanced Micro Devices, Inc. | AMD | 262,500 | $42.5M | 0.83% |
| 37 | Palo Alto Networks, Inc. | PANW | 206,937 | $42.1M | 0.82% |
| 38 | Exact Sciences Corporation | 30063p105 | 766,271 | $41.9M | 0.81% |
| 39 | Oracle Corporation | ORCL-PD | 143,500 | $40.4M | 0.78% |
| 40 | Quanta Services, Inc. | PWR | 95,905 | $39.7M | 0.77% |
| 41 | Alphabet Inc. Class A | GOOG | 161,014 | $39.1M | 0.76% |
| 42 | DexCom, Inc. | DXCM | 556,483 | $37.4M | 0.73% |
| 43 | ServiceNow, Inc. | NOW | 40,100 | $36.9M | 0.72% |
| 44 | Shopify Inc. | SHOP | 242,650 | $36.1M | 0.70% |
| 45 | Arista Networks Inc | ANET | 245,400 | $35.8M | 0.70% |
| 46 | Monolithic Power Systems, Inc. | 609839105 | 38,218 | $35.2M | 0.68% |
| 47 | MercadoLibre, Inc. | MELI | 14,975 | $35.0M | 0.68% |
| 48 | Axon Enterprise, Inc. | AXON | 48,225 | $34.6M | 0.67% |
| 49 | MercadoLibre, Inc. | MELI | 14,400 | $33.7M | 0.65% |
| 50 | Wingstop Inc. | WING | 121,512 | $30.6M | 0.59% |
| 51 | Monolithic Power Systems, Inc. | 609839105 | 31,000 | $28.5M | 0.55% |
| 52 | Samsara Inc. | IOT | 765,929 | $28.5M | 0.55% |
| 53 | Vertiv Holdings Co | VRT | 179,450 | $27.1M | 0.53% |
| 54 | Meta Platforms, Inc. | META | 36,750 | $27.0M | 0.52% |
| 55 | CrowdStrike Holdings, Inc. | CRWD | 54,800 | $26.9M | 0.52% |
| 56 | Amazon.com, Inc. | AMZN | 109,800 | $24.1M | 0.47% |
| 57 | TransMedics Group, Inc. | TMDX | 211,323 | $23.7M | 0.46% |
| 58 | Palo Alto Networks, Inc. | PANW | 109,200 | $22.2M | 0.43% |
| 59 | Ares Management Corporation | ARES-PB | 138,068 | $22.1M | 0.43% |
| 60 | Microsoft Corporation | MSFT | 40,479 | $21.0M | 0.41% |
| 61 | On Holding AG | ONON | 477,169 | $20.2M | 0.39% |
| 62 | Uber Technologies, Inc. | UBER | 188,500 | $18.5M | 0.36% |
| 63 | Datadog, Inc. | DDOG | 125,000 | $17.8M | 0.35% |
| 64 | Netflix, Inc. | NFLX | 14,500 | $17.4M | 0.34% |
| 65 | Amphenol Corporation | 032095101 | 140,000 | $17.3M | 0.34% |
| 66 | Arm Holdings Plc | 042068205 | 115,000 | $16.3M | 0.32% |
| 67 | Toast, Inc. | TOST | 445,000 | $16.2M | 0.32% |
| 68 | KLA Corporation | KLAC | 15,000 | $16.2M | 0.31% |
| 69 | CrowdStrike Holdings, Inc. | CRWD | 31,000 | $15.2M | 0.30% |
| 70 | Dell Technologies Inc. | DELL | 102,500 | $14.5M | 0.28% |
| 71 | ServiceNow, Inc. | NOW | 15,750 | $14.5M | 0.28% |
| 72 | Applied Materials, Inc. | 038222105 | 70,000 | $14.3M | 0.28% |
| 73 | Cadence Design Systems, Inc. | CDNS | 40,000 | $14.1M | 0.27% |
| 74 | Vertiv Holdings Co | VRT | 90,000 | $13.6M | 0.26% |
| 75 | Intuit Inc. | INTU | 19,700 | $13.5M | 0.26% |
| 76 | The Trade Desk, Inc. | 88339j105 | 274,050 | $13.4M | 0.26% |
| 77 | QUALCOMM Incorporated | QCOM | 80,400 | $13.4M | 0.26% |
| 78 | The Trade Desk, Inc. | 88339j105 | 272,100 | $13.3M | 0.26% |
| 79 | Credo Technology Group Holding | CRDO | 88,100 | $12.8M | 0.25% |
| 80 | ASML Holding N.V. | ASMLF | 13,000 | $12.6M | 0.24% |
| 81 | HubSpot, Inc. | HUBS | 26,715 | $12.5M | 0.24% |
| 82 | Spotify Technology S.A. | SPOT | 17,400 | $12.1M | 0.24% |
| 83 | Spotify Technology S.A. | SPOT | 17,315 | $12.1M | 0.23% |
| 84 | Datadog, Inc. | DDOG | 81,265 | $11.6M | 0.22% |
| 85 | Apple Inc. | AAPL | 44,051 | $11.2M | 0.22% |
| 86 | Uber Technologies, Inc. | UBER | 113,400 | $11.1M | 0.22% |
| 87 | e.l.f. Beauty, Inc. | ELF | 83,300 | $11.0M | 0.21% |
| 88 | Exact Sciences Corporation | 30063p105 | 200,000 | $10.9M | 0.21% |
| 89 | Snowflake Inc. | SNOW | 48,100 | $10.8M | 0.21% |
| 90 | Veeva Systems Inc. | VEEV | 36,400 | $10.8M | 0.21% |
| 91 | Natera, Inc. | NTRA | 67,050 | $10.8M | 0.21% |
| 92 | Snowflake Inc. | SNOW | 44,300 | $10.0M | 0.19% |
| 93 | Arm Holdings Plc | 042068205 | 68,300 | $9.7M | 0.19% |
| 94 | Booking Holdings Inc. | BKNG | 1,780 | $9.6M | 0.19% |
| 95 | MongoDB, Inc. | MDB | 30,000 | $9.3M | 0.18% |
| 96 | Zillow Group, Inc. Class C | Z | 120,000 | $9.2M | 0.18% |
| 97 | JPMorgan Chase & Co. | VYLD | 29,098 | $9.2M | 0.18% |
| 98 | Palo Alto Networks, Inc. | PANW | 45,000 | $9.2M | 0.18% |
| 99 | Alphabet Inc. Class A | GOOG | 36,550 | $8.9M | 0.17% |
| 100 | Bloom Energy Corporation | BE | 104,750 | $8.9M | 0.17% |
| 101 | DexCom, Inc. | DXCM | 128,950 | $8.7M | 0.17% |
| 102 | Toast, Inc. | TOST | 234,850 | $8.6M | 0.17% |
| 103 | Pinterest, Inc. | PINS | 251,370 | $8.1M | 0.16% |
| 104 | DraftKings Inc. | DKNG | 205,590 | $7.7M | 0.15% |
| 105 | Wingstop Inc. | WING | 30,000 | $7.6M | 0.15% |
| 106 | Costco Wholesale Corporation | COST | 8,140 | $7.5M | 0.15% |
| 107 | Rocket Lab Corporation | RKLB | 155,900 | $7.5M | 0.15% |
| 108 | Advanced Micro Devices, Inc. | AMD | 45,970 | $7.4M | 0.14% |
| 109 | On Holding AG | ONON | 164,000 | $6.9M | 0.14% |
| 110 | Visa Inc. | V | 19,468 | $6.6M | 0.13% |
| 111 | AppFolio, Inc. | APPF | 23,800 | $6.6M | 0.13% |
| 112 | Booking Holdings Inc. | BKNG | 1,200 | $6.5M | 0.13% |
| 113 | AppLovin Corporation, Class A | APP | 9,000 | $6.5M | 0.13% |
| 114 | Sportradar Group Ag | SRAD | 228,600 | $6.1M | 0.12% |
| 115 | Symbotic Inc. | SYM | 113,050 | $6.1M | 0.12% |
| 116 | Nebius Group N.V. | NBIS | 51,925 | $5.8M | 0.11% |
| 117 | Quanta Services, Inc. | PWR | 13,500 | $5.6M | 0.11% |
| 118 | TransMedics Group, Inc. | TMDX | 47,200 | $5.3M | 0.10% |
| 119 | Mirion Technologies, Inc. | MIR | 221,300 | $5.1M | 0.10% |
| 120 | Monolithic Power Systems, Inc. | 609839105 | 5,450 | $5.0M | 0.10% |
| 121 | BlackRock, Inc. | BLK | 4,291 | $5.0M | 0.10% |
| 122 | Broadridge Financial Solutions | BR | 20,800 | $5.0M | 0.10% |
| 123 | Amphenol Corporation | 032095101 | 37,435 | $4.6M | 0.09% |
| 124 | Vertiv Holdings Co | VRT | 30,500 | $4.6M | 0.09% |
| 125 | Samsara Inc. | IOT | 123,300 | $4.6M | 0.09% |
| 126 | The Home Depot, Inc. | HD | 11,087 | $4.5M | 0.09% |
| 127 | The Progressive Corporation | 743315103 | 17,845 | $4.4M | 0.09% |
| 128 | Pinterest, Inc. | PINS | 135,500 | $4.4M | 0.08% |
| 129 | AppLovin Corporation, Class A | APP | 5,862 | $4.2M | 0.08% |
| 130 | NXP Semiconductors N.V. | NXPI | 18,400 | $4.2M | 0.08% |
| 131 | QUALCOMM Incorporated | QCOM | 24,927 | $4.1M | 0.08% |
| 132 | Salesforce, Inc. | CRM | 17,400 | $4.1M | 0.08% |
| 133 | Intuit Inc. | INTU | 6,026 | $4.1M | 0.08% |
| 134 | Cintas Corporation | CTAS | 20,020 | $4.1M | 0.08% |
| 135 | Samsara Inc. | IOT | 108,800 | $4.1M | 0.08% |
| 136 | Oracle Corporation | ORCL-PD | 13,985 | $3.9M | 0.08% |
| 137 | Visa Inc. | V | 11,400 | $3.9M | 0.08% |
| 138 | Makemytrip Limited | MMYT | 41,560 | $3.9M | 0.08% |
| 139 | Ares Management Corporation | ARES-PB | 21,830 | $3.5M | 0.07% |
| 140 | HubSpot, Inc. | HUBS | 7,000 | $3.3M | 0.06% |
| 141 | SPDR S&P 500 ETF Trust | SPY | 4,835 | $3.2M | 0.06% |
| 142 | Rivian Automotive, Inc. | RIVN | 203,305 | $3.0M | 0.06% |
| 143 | Paychex, Inc. | PAYX | 22,515 | $2.9M | 0.06% |
| 144 | Abbott Laboratories | ABLZF | 21,124 | $2.8M | 0.06% |
| 145 | Blackstone Inc. | BX | 16,375 | $2.8M | 0.05% |
| 146 | Amgen Inc. | AMGN | 9,909 | $2.8M | 0.05% |
| 147 | PACCAR Inc | PCAR | 26,566 | $2.6M | 0.05% |
| 148 | Zoetis Inc. | ZTS | 16,440 | $2.4M | 0.05% |
| 149 | HubSpot, Inc. | HUBS | 5,000 | $2.3M | 0.05% |
| 150 | Waste Management, Inc. | WM | 10,170 | $2.2M | 0.04% |
| 151 | Johnson & Johnson | JNJ | 10,779 | $2.0M | 0.04% |
| 152 | Alphabet Inc. Class C | GOOG | 8,155 | $2.0M | 0.04% |
| 153 | Micron Technology, Inc. | MU | 10,550 | $1.8M | 0.03% |
| 154 | Quest Diagnostics Incorporated | DGX | 9,235 | $1.8M | 0.03% |
| 155 | Deere & Company | DE | 3,805 | $1.7M | 0.03% |
| 156 | Ecolab Inc. | ECL | 5,760 | $1.6M | 0.03% |
| 157 | Dell Technologies Inc. | DELL | 9,120 | $1.3M | 0.03% |
| 158 | Broadcom Inc. | AVGO | 3,600 | $1.2M | 0.02% |
| 159 | Cisco Systems, Inc. | CSCO | 15,645 | $1.1M | 0.02% |
| 160 | Tractor Supply Company | TSCO | 18,490 | $1.1M | 0.02% |
| 161 | Starbucks Corporation | SBUX | 10,142 | $858,013 | 0.02% |
| 162 | iShares MSCI KLD 400 Social | 464288570 | 6,075 | $765,146 | 0.01% |
| 163 | The Walt Disney Company | 254687106 | 6,183 | $707,954 | 0.01% |
| 164 | Nextera Energy, Inc. | NEE-PW | 8,628 | $651,328 | 0.01% |
| 165 | Planet Labs PBC | PL-WT | 44,000 | $571,120 | 0.01% |
| 166 | American Express Company | AXP | 1,700 | $564,672 | 0.01% |
| 167 | Broadridge Financial Solutions | BR | 2,310 | $550,173 | 0.01% |
| 168 | AbbVie Inc. | ABBV | 1,923 | $445,251 | 0.01% |
| 169 | ASML Holding N.V. | ASMLF | 447 | $432,736 | 0.01% |
| 170 | Xometry, Inc. | XMTR | 7,500 | $408,525 | 0.01% |
| 171 | Spdr Dow Jones Industrial Avrg | DIA | 650 | $301,431 | 0.01% |
| 172 | Cava Group Inc | CAVA | 4,800 | $289,968 | 0.01% |
| 173 | LGI HOMES, INC. | LGIH | 5,450 | $281,820 | 0.01% |
| 174 | D. R. Horton, Inc. | 23331a109 | 1,565 | $265,221 | 0.01% |
| 175 | Mirion Technologies, Inc. | MIR | 10,200 | $237,252 | 0.00% |
| 176 | Oddity Tech Ltd | ODD | 3,750 | $233,625 | 0.00% |
| 177 | Airbnb, Inc. | ABNB | 1,725 | $209,450 | 0.00% |
| 178 | Cadence Design Systems, Inc. | CDNS | 60 | $21,076 | 0.00% |