Zevenbergen Capital Investments Llc Portfolio Changes Q2 2026

During the second quarter of 2026, Zevenbergen Capital Investments Llc demonstrated active investor behavior in its portfolio management. The firm focused on Technology stocks while also making adjustments within other sectors.

Prominent Activity in the Technology Sector

Zevenbergen Capital Investments significantly bolstered its position in several high-profile technology companies during Q2 2026, reflecting confidence in this sector. The investor notably increased their stake in KLA Corporation (KLAC), acquiring an additional 135,000 shares representing a staggering 900% increase year-over-year.

Simultaneously, the firm showed strong interest in Taiwan Semiconductor Manufacturing Company Ltd (TSM), adding 41,115 shares which resulted in a nearly 60.87% increase. This substantial purchase suggests optimism about TSM's prospects.

Furthermore, Zevenbergen Capital purchased Marvell Technology (MRVL) shares at a significant premium, acquiring the entire position for 100% of its value. This indicates a strong conviction in MRVL's potential.

They also added to their existing positions in Advanced Micro Devices (AMD) and Amazon.com, Inc. (AMZN), acquiring shares at current market prices rather than through large percentage increases like some other holdings.

Mixed Signals on Tech Giants

The investor simultaneously reduced exposure across several technology stocks that form a core part of their portfolio. Snowflake Inc. (SNOW) saw its stake decrease by 14.96%, with the firm selling off approximately 64,813 shares.

Advanced Micro Devices (AMD) experienced a notable reduction in position size, down by 26.47% or roughly 148,133 shares. Despite this decrease, AMD remains one of the investor's largest holdings.

Consumer Cyclical Sector Adjustments

In the Consumer Cyclical sector, Zevenbergen Capital Investments made significant changes to its positions. The firm substantially reduced their stake in Wingstop Inc. (WING), cutting it by 98.05% or nearly all shares held previously.

Conversely, the investor increased their position in Rollins, Inc. (ROL) dramatically, acquiring all 14,620 shares for a 100% increase. This suggests renewed interest or confidence in ROL.

Additional Stock Activity and Unknown Allocations

Zevenbergen Capital also purchased shares of QUALCOMM Incorporated (QCOM), adding a new holding to their portfolio. The firm acquired 115,977 shares at the current market price.

In Healthcare, while reducing exposure slightly in Natera Inc. (NTRA) by about 2.65%, they also increased their position in Veeva Systems Inc. (VEEV).

Industrials saw a new addition with the purchase of Comfort Systems USA, Inc. (FIX) shares.

No Large-Scale Sectors Exited

The investor did not divest any major sector holdings during this period. Financial Services and Basic Materials allocations remained static at their previous levels, indicating no change or exit activity in these categories for Q2 2026.