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Sanders Capital, LLC

Q3 2025 · Filed 2025-11-13
Market Value
$80.2B
+9.3%
Holdings
46
New Purchases
2
Added To
14
Closed
1
Reduced
29
Top 10 Concentration
62.4%
Turnover
6.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOG 10.22% 8.54% +1.68% $8.2B
STX 5.16% 3.56% +1.61% $4.1B
CME 1.26% 0.00% +1.26% $1.0B
SPY 1.42% 0.47% +0.95% $1.1B
AMAT 2.80% 1.92% +0.88% $2.2B
VEU 0.80% 0.29% +0.51% $645M
LMT 0.32% 0.00% +0.32% $253M
UAL 1.78% 1.57% +0.20% $1.4B
TCOM 0.93% 0.74% +0.19% $742M
HAL 0.80% 0.66% +0.14% $640M
PDD 1.34% 1.22% +0.12% $1.1B
ULTA 0.86% 0.74% +0.12% $691M
NOC 1.46% 1.35% +0.11% $1.2B
RTX 1.96% 1.87% +0.09% $1.6B
AMZN 4.09% 4.01% +0.08% $3.3B

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
META 8.69% 10.22% -1.53% $7.0B
C 0.12% 1.37% -1.25% $96M
ANTM 2.32% 3.09% -0.76% $1.9B
MSFT 7.93% 8.65% -0.72% $6.4B
CI 2.81% 3.51% -0.70% $2.3B
ACN 2.96% 3.59% -0.64% $2.4B
TSM 11.24% 11.81% -0.57% $9.0B
BABA 0.80% 1.32% -0.51% $645M
BKNG 1.93% 2.16% -0.23% $1.5B
PG 1.30% 1.53% -0.23% $1.0B
SU 0.00% 0.20% -0.20% $0
FI 0.37% 0.54% -0.17% $297M
V 1.32% 1.49% -0.16% $1.1B
AAPL 3.48% 3.63% -0.15% $2.8B
SLB 0.33% 0.45% -0.13% $261M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 20 $52.0B 64.9%
Large Cap 26 $28.2B 35.1%

Portfolio Analytics

Avg Market Cap
$579.0B
Median Market Cap
$129.7B
Avg P/E
22.7
Median P/E
20.8
Avg Dividend Yield
0.02%
Avg Beta
0.81
# Stocks
44
# ETFs / Funds
2

Top Holdings (46 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TSM 11.24% 32,280,404 $9.0B $279.29 $346M -5,999,140 -15.7%
2 GOOG 10.22% 33,666,706 $8.2B $243.55 $1.9B -1,691,237 -4.8%
3 META 8.69% 9,494,819 $7.0B $734.38 -$530M -670,770 -6.6%
4 MSFT 7.93% 12,284,995 $6.4B $517.95 $12M -482,580 -3.8%
5 HCA 5.67% 10,675,663 $4.5B $426.20 $297M -426,920 -3.9%
6 STX 5.16% 17,541,266 $4.1B $236.06 $1.5B -541,040 -3.0%
7 AMZN 4.09% 14,932,624 $3.3B $219.57 $336M +1,518,620 +11.3%
8 AAPL 3.48% 10,964,047 $2.8B $254.63 $130M -2,010,840 -15.5%
9 ACN 2.96% 9,615,366 $2.4B $246.60 -$266M +790,580 +9.0%
10 BAC 2.92% 45,372,160 $2.3B $51.59 $109M -1,790,260 -3.8%
11 CI 2.81% 7,828,168 $2.3B $288.25 -$320M +35,150 +0.5%
12 AMAT 2.80% 10,978,990 $2.2B $204.74 $839M +3,280,730 +42.6%
13 UNH 2.60% 6,030,588 $2.1B $345.30 $227M +81,760 +1.4%
14 ANTM 2.32% 5,768,918 $1.9B $323.12 -$402M -56,290 -1.0%
15 DAL 2.09% 29,525,241 $1.7B $56.75 $182M -843,610 -2.8%
16 RTX 1.96% 9,396,659 $1.6B $167.33 $199M -6,330 -0.1%
17 BKNG 1.93% 286,928 $1.5B $5,399.27 -$37M +12,897 +4.7%
18 UAL 1.78% 14,773,585 $1.4B $96.50 $270M +258,670 +1.8%
19 JPM 1.71% 4,337,030 $1.4B $315.43 $51M -207,010 -4.6%
20 GD 1.59% 3,732,044 $1.3B $341.00 $123M -208,920 -5.3%
21 NOC 1.46% 1,926,438 $1.2B $609.32 $184M -53,911 -2.7%
22 SPY 1.42% 1,703,900 $1.1B $666.18 $790M +1,146,111 +205.5%
23 PDD 1.34% 8,133,290 $1.1B $132.17 $183M -393,320 -4.6%
24 V 1.32% 3,112,880 $1.1B $341.38 -$30M +36,120 +1.2%
25 PG 1.30% 6,809,969 $1.0B $153.65 -$79M -253,890 -3.6%
26 CME 1.26% 3,726,755 $1.0B $270.19 +3,726,755 NEW
27 MA 1.00% 1,415,000 $805M $568.81 -$3M -22,970 -1.6%
28 TCOM 0.93% 9,868,196 $742M $75.20 $202M +662,230 +7.2%
29 ULTA 0.86% 1,263,820 $691M $546.75 $148M +103,540 +8.9%
30 PEP 0.85% 4,844,312 $680M $140.44 $20M -158,430 -3.2%
31 VEU 0.80% 9,042,229 $645M $71.37 $432M +5,866,945 +184.8%
32 BABA 0.80% 3,607,811 $645M $178.73 -$323M -4,925,348 -57.7%
33 HAL 0.80% 26,004,682 $640M $24.60 $155M +2,238,983 +9.4%
34 FI 0.37% 2,300,971 $297M $128.93 -$96M +21,620 +0.9%
35 SLB 0.33% 7,590,519 $261M $34.37 -$71M -2,234,218 -22.7%
36 LMT 0.32% 506,197 $253M $499.21 +506,197 NEW
37 HSBC 0.26% 2,970,010 $211M $70.98 $30M -1,620 -0.1%
38 ABT 0.20% 1,186,245 $159M $133.94 -$3M -1,450 -0.1%
39 ABBV 0.16% 548,323 $127M $231.54 $25M -820 -0.1%
40 TFC 0.12% 2,168,782 $99M $45.72 $6M -4,260 -0.2%
41 C 0.12% 943,584 $96M $101.50 -$907M -10,831,813 -92.0%
42 SHG 0.01% 161,786 $8M $50.37 $836K -80 -0.1%
43 UL 0.01% 115,530 $7M $59.28 -$435K -3,540 -3.0%
44 ING —% 137,185 $4M $26.08 $433K -6,600 -4.6%
45 SYF —% 21,477 $2M $71.05 -$2K -1,420 -6.2%
46 SU —% -$150M -3,993,467 -100.0% SOLD

New Positions

SymbolValue% Port
CME $1.0B 1.26%
LMT $253M 0.32%

Sold Out Positions

SymbolValue% Port
SU —%
View SEC EDGAR Filings for Sanders Capital, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms