DSM Capital Partners
Palm Beach Gardens, FLfiles as DSM CAPITAL PARTNERS LLC
$5.8bn in 70 US stocks at the end of 30 June 2026. The top 10 are 67.7% of the money. It changed about 17.1% of the portfolio this quarter.
Value
$5.8bn
Stocks
70
Top 10 share
67.7%
Turnover
17.1%
What changed this quarter
New
Bought for the first time this quarter.
- AmphenolAPH2.1% of the fund
- Keysight TechnologiesKEYS1.6% of the fund
- Dell TechnologiesDELL1.6% of the fund
- ATIATI1.5% of the fund
- CoherentCOHR1.2% of the fund
- NetAppNTAP0.7% of the fund
- Advanced Micro DevicesAMD<0.1% of the fund
- Astera LabsALAB<0.1% of the fund
- DatadogDDOG<0.1% of the fund
- Credo Technology Group HoldingCRDO<0.1% of the fund
- Lumentum HoldingsLITE<0.1% of the fund
- MongoDBMDB<0.1% of the fund
- CohuCOHU<0.1% of the fund
- MACOM Technology Solutions HoldingsMTSI<0.1% of the fund
- FormfactorFORM<0.1% of the fund
- BWX TechnologiesBWXT<0.1% of the fund
- Palo Alto NetworksPANW<0.1% of the fund
- SynopsysSNPS<0.1% of the fund
- SnowflakeSNOW<0.1% of the fund
- BillionToOneBLLN<0.1% of the fund
- CrowdStrike HoldingsCRWD<0.1% of the fund
- Guidewire SoftwareGWRE<0.1% of the fund
- QualcommQCOM<0.1% of the fund
- Figure Technology SolutionsFIGR<0.1% of the fund
- SailPointSAIL<0.1% of the fund
Added
Bought more of a stock they already held.
- Meta PlatformsMETA5.3% of the fund+9%
- EverpureP2.3% of the fund+44%
- TeradyneTER1.6% of the fund+86%
- EntegrisENTG1.5% of the fund+36%
- Taiwan Semiconductor ManufacturingTSM1.3% of the fund+275%
- Spotify TechnologySPOT1.3% of the fund+13%
- ServiceNowNOW1.0% of the fund+26%
- ASML Holding NVASML0.2% of the fund+36%
- Marvell TechnologyMRVL<0.1% of the fund+27%
- AlphabetGOOG<0.1% of the fund+113%
- Palantir TechnologiesPLTR<0.1% of the fund+30%
- ShopifySHOP<0.1% of the fund+24%
- HeicoHEI<0.1% of the fund+43%
Cut
Sold some of their stake.
- NvidiaNVDA16.1% of the fund-10%
- AlphabetGOOGL9.4% of the fund-13%
- BroadcomAVGO9.2% of the fund-12%
- Arista NetworksANET7.7% of the fund-2%
- MicrosoftMSFT5.4% of the fund-45%
- Amazon.comAMZN5.4% of the fund-32%
- GE VernovaGEV3.9% of the fund-19%
- Howmet AerospaceHWM3.0% of the fund-16%
- RedditRDDT2.5% of the fund-3%
- General ElectricGE2.1% of the fund-11%
- Uber TechnologiesUBER1.9% of the fund-27%
- OracleORCL1.8% of the fund-8%
- Cadence Design SystemsCDNS1.6% of the fund-8%
- Booking HoldingsBKNG1.6% of the fund-8%
- DexcomDXCM1.6% of the fund-29%
- NetflixNFLX1.5% of the fund-10%
- AutodeskADSK1.1% of the fund-24%
- Boston ScientificBSX0.4% of the fund-9%
- MastercardMA0.3% of the fund-84%
- StrykerSYK0.1% of the fund-12%
- VisaV<0.1% of the fund-97%
- IntelINTC<0.1% of the fund-14%
- ARM HoldingsARM<0.1% of the fund-29%
- Ishares TRIWF<0.1% of the fund-94%
Sold out
Sold their entire stake.
- IntuitINTU-100%
- Fair IsaacFICO-100%
- MercadoLibreMELI-100%
- Grab HoldingsGRAB-100%
- SentinelOneS-100%
- AvePointAVPT-100%
Holdings
- ARM HoldingsARM
- Share
- <0.1%
- Value
- $687,866
- Shares
- 1,940
-29%
- Ishares TRIWF
- Share
- <0.1%
- Value
- $388,776
- Shares
- 3,131
-94%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 16.1% | $941m | 4,702,822 | -10% |
| AlphabetGOOGL | 9.4% | $546m | 1,528,522 | -13% |
| BroadcomAVGO | 9.2% | $534m | 1,414,647 | -12% |
| Arista NetworksANET | 7.7% | $447m | 2,632,116 | -2% |
| MicrosoftMSFT | 5.4% | $316m | 847,829 | -45% |
| Amazon.comAMZN | 5.4% | $316m | 1,324,786 | -32% |
| Meta PlatformsMETA | 5.3% | $309m | 548,698 | +9% |
| GE VernovaGEV | 3.9% | $226m | 191,962 | -19% |
| Howmet AerospaceHWM | 3.0% | $174m | 646,621 | -16% |
| RedditRDDT | 2.5% | $143m | 825,061 | -3% |
| EverpureP | 2.3% | $134m | 1,695,275 | +44% |
| AmphenolAPH | 2.1% | $125m | 710,204 | New |
| General ElectricGE | 2.1% | $125m | 333,572 | -11% |
| Uber TechnologiesUBER | 1.9% | $113m | 1,564,094 | -27% |
| OracleORCL | 1.8% | $105m | 715,341 | -8% |
| TeradyneTER | 1.6% | $95m | 196,967 | +86% |
| Cadence Design SystemsCDNS | 1.6% | $94m | 250,103 | -8% |
| Booking HoldingsBKNG | 1.6% | $93m | 523,243 | -8% |
| Keysight TechnologiesKEYS | 1.6% | $93m | 265,207 | New |
| DexcomDXCM | 1.6% | $92m | 1,359,135 | -29% |
| Dell TechnologiesDELL | 1.6% | $91m | 211,754 | New |
| NetflixNFLX | 1.5% | $88m | 1,239,364 | -10% |
| ATIATI | 1.5% | $87m | 441,048 | New |
| EntegrisENTG | 1.5% | $87m | 482,799 | +36% |
| Taiwan Semiconductor ManufacturingTSM | 1.3% | $76m | 158,437 | +275% |
| Spotify TechnologySPOT | 1.3% | $75m | 163,443 | +13% |
| CoherentCOHR | 1.2% | $71m | 179,782 | New |
| AutodeskADSK | 1.1% | $64m | 330,503 | -24% |
| ServiceNowNOW | 1.0% | $59m | 598,708 | +26% |
| NetAppNTAP | 0.7% | $41m | 262,656 | New |
| Boston ScientificBSX | 0.4% | $22m | 511,968 | -9% |
| MastercardMA | 0.3% | $18m | 34,237 | -84% |
| ASML Holding NVASML | 0.2% | $9m | 4,449 | +36% |
| StrykerSYK | 0.1% | $8m | 25,544 | -12% |
| Tower SemiconductorTSEM | <0.1% | $5m | 19,046 | Held |
| VisaV | <0.1% | $5m | 13,688 | -97% |
| Marvell TechnologyMRVL | <0.1% | $876,094 | 2,941 | +27% |
| Advanced Micro DevicesAMD | <0.1% | $733,689 | 1,263 | New |
| IntelINTC | <0.1% | $688,516 | 4,931 | -14% |
| ARM HoldingsARM | <0.1% | $687,866 | 1,940 | -29% |
| Astera LabsALAB | <0.1% | $593,632 | 1,229 | New |
| DatadogDDOG | <0.1% | $543,111 | 2,086 | New |
| AlphabetGOOG | <0.1% | $540,242 | 1,529 | +113% |
| Palantir TechnologiesPLTR | <0.1% | $520,582 | 4,462 | +30% |
| ShopifySHOP | <0.1% | $469,508 | 4,112 | +24% |
| Credo Technology Group HoldingCRDO | <0.1% | $428,593 | 1,576 | New |
| HeicoHEI | <0.1% | $411,399 | 1,155 | +43% |
| Lumentum HoldingsLITE | <0.1% | $403,288 | 470 | New |
| Ishares TRIWF | <0.1% | $388,776 | 3,131 | -94% |
| MongoDBMDB | <0.1% | $336,572 | 1,002 | New |
| CohuCOHU | <0.1% | $330,082 | 4,466 | New |
| MACOM Technology Solutions HoldingsMTSI | <0.1% | $306,959 | 807 | New |
| FormfactorFORM | <0.1% | $304,987 | 1,907 | New |
| BWX TechnologiesBWXT | <0.1% | $293,143 | 1,506 | New |
| Palo Alto NetworksPANW | <0.1% | $283,388 | 831 | New |
| SynopsysSNPS | <0.1% | $274,333 | 615 | New |
| SnowflakeSNOW | <0.1% | $268,752 | 1,056 | New |
| BillionToOneBLLN | <0.1% | $267,435 | 2,229 | New |
| CrowdStrike HoldingsCRWD | <0.1% | $258,704 | 339 | New |
| Guidewire SoftwareGWRE | <0.1% | $231,580 | 1,882 | New |
| QualcommQCOM | <0.1% | $226,737 | 1,227 | New |
| Figure Technology SolutionsFIGR | <0.1% | $218,993 | 7,131 | New |
| SailPointSAIL | <0.1% | $211,182 | 14,425 | New |
| Intuitive SurgicalISRG | <0.1% | $211,168 | 531 | New |
| FortinetFTNT | <0.1% | $211,074 | 1,374 | New |
| Applied OptoelectronicsAAOI | <0.1% | $209,646 | 1,415 | New |
| AeroVironmentAVAV | <0.1% | $208,648 | 1,264 | New |
| KlaviyoKVYO | <0.1% | $208,576 | 13,813 | New |
| SamsaraIOT | <0.1% | $204,244 | 6,298 | New |
| Joby AviationJOBY | <0.1% | $99,101 | 11,110 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 13.7% since 30 June 2025.
Where the money is
Technology58.0%
Media & telecom19.9%
Industrials12.6%
Retail & consumer7.0%
Health care2.1%
Financial services0.4%
Other0.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.