Institutional Manager · CIK 0001508097
Sanders Capital, LLC
West Palm Beach, FL · File #028-14100
Latest AUM
$86.82B
Positions
44
Top-10 Concentration
61.8%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | SALESFORCE INC | CRM | +8,615,819 | +$2.28B | $0 |
| EXITED | ALIBABA GROUP HLDG LTD | 01609W102 | -3,607,811 | -$644.8M | $0 |
| EXITED | HALLIBURTON CO | 406216101 | -26,004,682 | -$639.7M | $0 |
| REDUCE | APPLIED MATLS INC | 038222105 | -2,143,029 | -$550.7M | +$573.7M |
| REDUCE | ALPHABET INC | GOOG | -1,752,685 | -$550.0M | +$2.37B |
| ADD | ACCENTURE PLC IRELAND | ACN | +1,348,249 | +$361.7M | +$208.7M |
| ADD | META PLATFORMS INC | META | +543,355 | +$358.7M | -$705.4M |
| ADD | LOCKHEED MARTIN CORP | LMT | +637,030 | +$308.1M | -$7.9M |
| EXITED | SCHLUMBERGER LTD | 806857108 | -7,590,519 | -$260.9M | $0 |
| ADD | SPDR S&P 500 ETF TR | SPY | +346,738 | +$236.4M | +$26.8M |
Sector Allocation
Filing History
- 13F COMBINATION REPORTQ/E Dec 202544 pos · $86.82B
- 13F COMBINATION REPORTQ/E Sep 202547 pos · $81.29B
- 13F COMBINATION REPORTQ/E Jun 202547 pos · $74.49B
- 13F COMBINATION REPORTQ/E Mar 202547 pos · $66.91B
- 13F COMBINATION REPORTQ/E Dec 202446 pos · $68.39B
- 13F COMBINATION REPORTQ/E Sep 202445 pos · $69.03B
- 13F COMBINATION REPORTQ/E Jun 202445 pos · $65.28B
- 13F COMBINATION REPORTQ/E Mar 202442 pos · $59.90B
- 13F COMBINATION REPORTQ/E Dec 202344 pos · $47.32B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 31,914,021 | $10.01B | 11.53% |
| 2 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 31,958,360 | $9.71B | 11.19% |
| 3 | META PLATFORMS INC | META | 10,038,174 | $6.63B | 7.63% |
| 4 | MICROSOFT CORP | MSFT | 12,150,215 | $5.88B | 6.77% |
| 5 | HCA HEALTHCARE INC | HCA | 10,464,168 | $4.89B | 5.63% |
| 6 | SEAGATE TECHNOLOGY HLDNGS PL | SE | 17,180,892 | $4.73B | 5.45% |
| 7 | AMAZON COM INC | AMZN | 14,900,430 | $3.44B | 3.96% |
| 8 | APPLE INC | AAPL | 10,910,255 | $2.97B | 3.42% |
| 9 | ACCENTURE PLC IRELAND | ACN | 10,963,615 | $2.94B | 3.39% |
| 10 | BANK AMERICA CORP | 060505104 | 45,271,028 | $2.49B | 2.87% |
| 11 | SALESFORCE INC | CRM | 8,615,819 | $2.28B | 2.63% |
| 12 | APPLIED MATLS INC | 038222105 | 8,835,961 | $2.27B | 2.62% |
| 13 | THE CIGNA GROUP | 125523100 | 7,801,089 | $2.15B | 2.47% |
| 14 | DELTA AIR LINES INC DEL | DAL | 29,577,814 | $2.05B | 2.36% |
| 15 | ELEVANCE HEALTH INC FORMERLY | ELV | 5,750,865 | $2.02B | 2.32% |
| 16 | UNITEDHEALTH GROUP INC | UNH | 5,997,142 | $1.98B | 2.28% |
| 17 | RTX CORPORATION | RTX | 9,395,871 | $1.72B | 1.98% |
| 18 | UNITED AIRLS HLDGS INC | UNTCW | 15,182,819 | $1.70B | 1.96% |
| 19 | BOOKING HOLDINGS INC | BKNG | 297,456 | $1.59B | 1.83% |
| 20 | SPDR S&P 500 ETF TR | SPY | 2,050,638 | $1.40B | 1.61% |