Sanders Capital
Lew SandersWest Palm Beach, FLfiles as Sanders Capital, LLC
$99.8bn in 47 US stocks at the end of 30 June 2026. The top 10 are 60.2% of the money. It changed about 14.3% of the portfolio this quarter.
Value
$99.8bn
Stocks
47
Top 10 share
60.2%
Turnover
14.3%
What changed this quarter
New
Bought for the first time this quarter.
- BroadcomAVGO2.0% of the fund
- Walt DisneyDIS1.3% of the fund
- Royal Caribbean CruisesRCL0.8% of the fund
- McCormickMKC0.4% of the fund
Added
Bought more of a stock they already held.
- Meta PlatformsMETA6.1% of the fund+2%
- MicrosoftMSFT6.0% of the fund+30%
- NvidiaNVDA4.5% of the fund+217%
- Bank of AmericaBAC2.6% of the fund+3%
- CME GroupCME1.1% of the fund+22%
- Ulta BeautyULTA1.1% of the fund+29%
- Lockheed MartinLMT1.1% of the fund+83%
- UnileverUL<0.1% of the fund+157%
Cut
Sold some of their stake.
- Taiwan Semiconductor ManufacturingTSM12.5% of the fund-7%
- AlphabetGOOG9.7% of the fund-4%
- Seagate Technology HoldingsSTX3.4% of the fund-73%
- AppleAAPL3.1% of the fund-3%
- State STR Spdr S&P 500 ETF TSPY1.5% of the fund-30%
- Northrop GrummanNOC0.9% of the fund-2%
- Vanguard Intl Equity Index FVEU0.7% of the fund-21%
- HSBC HoldingsHSBC0.3% of the fund-6%
- AbbVieABBV0.1% of the fund-6%
- Abbott LaboratoriesABT<0.1% of the fund-6%
- Truist FinancialTFC<0.1% of the fund-6%
- PepsiCoPEP<0.1% of the fund-70%
- Shinhan Financial Group CO LSHG<0.1% of the fund-22%
- ING Groep NVING<0.1% of the fund-3%
- Natwest GroupNWG<0.1% of the fund-3%
- Synchrony FinancialSYF<0.1% of the fund-85%
Sold out
Sold their entire stake.
- AccentureACN-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 1.5%
- Value
- $1.5bn
- Shares
- 2,036,906
-30%
- Vanguard Intl Equity Index FVEU
- Share
- 0.7%
- Value
- $657m
- Shares
- 7,839,638
-21%
- PDD HoldingsPDD
- Share
- 0.6%
- Value
- $605m
- Shares
- 7,936,717
Held
- Trip COM GroupTCOM
- Share
- 0.4%
- Value
- $421m
- Shares
- 10,560,564
Held
- UnileverUL
- Share
- <0.1%
- Value
- $14m
- Shares
- 235,435
+157%
- Shinhan Financial Group CO LSHG
- Share
- <0.1%
- Value
- $8m
- Shares
- 119,936
-22%
- Natwest GroupNWG
- Share
- <0.1%
- Value
- $3m
- Shares
- 179,964
-3%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 12.5% | $12.5bn | 26,149,064 | -7% |
| AlphabetGOOG | 9.7% | $9.7bn | 27,472,939 | -4% |
| Amazon.comAMZN | 7.0% | $7.0bn | 29,352,719 | Held |
| Meta PlatformsMETA | 6.1% | $6.1bn | 10,823,070 | +2% |
| MicrosoftMSFT | 6.0% | $6.0bn | 16,102,026 | +30% |
| NvidiaNVDA | 4.5% | $4.5bn | 22,560,894 | +217% |
| Applied MaterialsAMAT | 4.4% | $4.4bn | 6,094,372 | Held |
| HCA HealthcareHCA | 3.4% | $3.4bn | 8,828,287 | Held |
| Seagate Technology HoldingsSTX | 3.4% | $3.4bn | 3,487,219 | -73% |
| AppleAAPL | 3.1% | $3.0bn | 10,528,191 | -3% |
| Cigna GroupCI | 2.8% | $2.8bn | 10,144,617 | Held |
| Delta Air LinesDAL | 2.7% | $2.7bn | 29,129,629 | Held |
| Bank of AmericaBAC | 2.6% | $2.6bn | 46,345,469 | +3% |
| UnitedHealth GroupUNH | 2.5% | $2.5bn | 5,898,634 | Held |
| Elevance HealthELV | 2.3% | $2.3bn | 5,825,024 | Held |
| United Airlines HoldingsUAL | 2.0% | $2.0bn | 15,027,948 | Held |
| BroadcomAVGO | 2.0% | $2.0bn | 5,163,630 | New |
| RTXRTX | 1.8% | $1.8bn | 9,277,878 | Held |
| VisaV | 1.6% | $1.6bn | 4,796,303 | Held |
| State STR Spdr S&P 500 ETF TSPY | 1.5% | $1.5bn | 2,036,906 | -30% |
| SalesforceCRM | 1.5% | $1.5bn | 9,615,354 | Held |
| Walt DisneyDIS | 1.3% | $1.3bn | 13,780,700 | New |
| AstrazenecaAZN | 1.3% | $1.3bn | 6,986,830 | Held |
| Booking HoldingsBKNG | 1.3% | $1.3bn | 7,414,965 | Held |
| General DynamicsGD | 1.3% | $1.3bn | 3,546,156 | Held |
| JPMorgan ChaseJPM | 1.3% | $1.3bn | 3,837,596 | Held |
| MastercardMA | 1.2% | $1.2bn | 2,330,359 | Held |
| CME GroupCME | 1.1% | $1.1bn | 5,067,740 | +22% |
| Ulta BeautyULTA | 1.1% | $1.1bn | 2,460,969 | +29% |
| Lockheed MartinLMT | 1.1% | $1.1bn | 2,093,533 | +83% |
| Procter & GamblePG | 1.0% | $975m | 6,648,957 | Held |
| Northrop GrummanNOC | 0.9% | $931m | 1,828,249 | -2% |
| Royal Caribbean CruisesRCL | 0.8% | $827m | 2,603,252 | New |
| Vanguard Intl Equity Index FVEU | 0.7% | $657m | 7,839,638 | -21% |
| PDD HoldingsPDD | 0.6% | $605m | 7,936,717 | Held |
| Trip COM GroupTCOM | 0.4% | $421m | 10,560,564 | Held |
| McCormickMKC | 0.4% | $409m | 8,107,755 | New |
| HSBC HoldingsHSBC | 0.3% | $250m | 2,632,430 | -6% |
| AbbVieABBV | 0.1% | $122m | 483,963 | -6% |
| Abbott LaboratoriesABT | <0.1% | $95m | 1,050,405 | -6% |
| Truist FinancialTFC | <0.1% | $95m | 1,909,022 | -6% |
| PepsiCoPEP | <0.1% | $72m | 530,401 | -70% |
| UnileverUL | <0.1% | $14m | 235,435 | +157% |
| Shinhan Financial Group CO LSHG | <0.1% | $8m | 119,936 | -22% |
| ING Groep NVING | <0.1% | $4m | 112,785 | -3% |
| Natwest GroupNWG | <0.1% | $3m | 179,964 | -3% |
| Synchrony FinancialSYF | <0.1% | $210,887 | 2,773 | -85% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 34.0% since 30 June 2025.
Where the money is
Technology37.3%
Media & telecom17.2%
Health care12.5%
Retail & consumer10.3%
Industrials9.8%
Financial services8.2%
Everyday goods1.5%
Other3.2%
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.