ZEVENBERGEN CAPITAL INVESTMENTS LLC

Q3 2025 13F-HR Detailed Holdings

Location

Edmonds, WA

Holdings as of

9/30/2025

Date filed

10/9/2025

Form type

13F-HR

Num holdings

178

Total value ($000)

$5,144,247

Net value change ($000)

+18,686 (0.4%)

New positions

Sold out positions

Turnover %

1.8%

Sector allocation + QoQ delta (equities-only)

Holdings broken out by other managers reported in the original SEC filing. View aggregated holdings

You are on the SEC detailed breakdown page. Rows are shown as reported in the filing (including other manager, discretion, and voting authority fields), and are not merged like the standard holdings view. Switch to aggregated holdings.

Snapshot: Change Analysis

Compared to Q2 2025

Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.

Top Adds (Value $000, Stocks/ETFs)

TSLA	77,570	25.3%
NVDA	48,929	10.4%
GOOGL	47,302	6515.4%
GOOGL	42,098	37.3%
SHOP	38,365	14.4%
MPWR	37,711	121.5%
VRT	33,693	291.5%
AAPL	23,574	24.1%
AVGO	17,001	19.8%
SNOW	15,739	23.4%

Top Reduces (Value $000, Stocks/ETFs)

AXON	-59,019	-18.2%
TTD	-55,378	-35.5%
MELI	-42,890	-14.7%
NFLX	-36,133	-22.7%
ABNB	-34,672	-99.4%
CWAN	-29,969	-100.0%
CYBR	-27,121	-100.0%
NOW	-25,123	-16.5%
AMZN	-23,550	-9.6%
SPOT	-20,595	-17.5%

Instrument mix + QoQ Δ (ex-options)

How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.

Filter:

Instrument:

Issuer Name	Ticker	Sector	Industry	Class	History	Value ($000)	%	Shares	Shares Δ	Shares Δ%	Value Δ ($000)	Value Δ%	Principal	Option Type	Discretion	Other Manager	Sole	Shared	None

Other Managers

Num	Name	File Number
2	Virtus Investment Advisers, LLC	028-00085
1	VIRTUS CAPITAL ADVISERS, LLC	028-11308