Sanders Capital LLC Investment Activity Analysis: Q3 Insights

Sanders Capital, Llc has reported significant investment activity for the period ending June 30, 2026. The fund manager's portfolio saw notable shifts in technology stocks and other sectors during this quarter.

The investor maintained a substantial Technology allocation with TSM remaining the largest position at approximately $12.5 billion (12.5% of total). However, there was a slight reduction in shares for TSM (-6.8%) compared to the previous period.

NVIDIA CORPORATION (NVDA) stands out as one of the most significant additions this quarter. The fund increased its stake by 21 million shares (+216% from prior), making it a major holding worth $4.5 billion, representing about 4.5% allocation.

MICROSOFT CORP (MSFT) also saw substantial buying interest with an increase of nearly 3.7 million shares (+29.9%) during the quarter. This position now accounts for approximately $6 billion in value, making it a significant Technology component.

In terms of new positions entered this period, Sanders Capital established several notable holdings including DISNEY WALT CO (DIS), acquiring shares equal to its entire prior position (+100% from previous quarter). Similarly, the fund took a position in BKNG and LMT with purchases that represented 100% of their respective previous holdings.

The investor also made percentage-based additions to other significant positions like GOOG, AMZN, and AAPL. Conversely, the fund significantly reduced its stake in STX (-73%) and sold out positions including PEP.

The overall portfolio allocation shows Technology as the dominant sector at 34.4%, followed by Communication Services (17.4%), Healthcare (11.3%), Consumer Cyclical (10.6%), Industrials (9.9%), and Financial Services (8.3%). The remaining allocation falls into Unknown sectors.