管理人记录

Sanders Capital, LLC

West Palm Beach, FL · CIK 1508097 · EDGAR 文件 ↗

Q2 2026 Q1 2026 Q4 2025 差异 ⇄

$99.83B13F报告持仓市值

47持仓明细

60.2%前十大权重

19.40有效持仓

7.2%预计换手率

+4新增

−1清仓

13F报告持仓市值仅涵盖美国可报告的多头头寸——不含现金、债券、空头或非美国持仓，并非管理资产规模。

各季度报告持仓市值 Q4 2025 → Q2 2026

板块敞口

科技 37.3% (+2.5pp)

通信服务 17.2% (+0.2pp)

医疗保健 12.5% (-1.7pp)

可选消费 11.3% (+1.0pp)

金融服务 10.4% (-1.8pp)

工业 9.8% (-0.2pp)

必选消费 1.5% (+0.0pp)

占已申报普通股权益价值的比例；（±pp）较上一季度。

持仓组合 · Q2 2026

#	证券	权重	价值	股份	Δ股份		持有
1	TSM Taiwan Semiconductor…	12.5%	$12.49B	26.15M	-6.8%	▼ Trim	3+
2	GOOG Alphabet Inc.	9.7%	$9.71B	27.47M	-4.4%	▼ Trim	3+
3	AMZN Amazon.com, Inc.	7.0%	$7.00B	29.35M	-1.6%	▼ Trim	3+
4	META Meta Platforms, Inc.	6.1%	$6.10B	10.82M	+2.4%	▲ Add	3+
5	MSFT Microsoft Corporation	6.0%	$6.01B	16.10M	+29.9%	▲ Add	3+
6	NVDA NVIDIA Corporation	4.5%	$4.51B	22.56M	+216.6%	▲ Add	2
7	AMAT Applied Materials, Inc.	4.4%	$4.41B	6.09M	-1.3%	▼ Trim	3+
8	HCA HCA Healthcare, Inc.	3.4%	$3.44B	8.83M	-1.4%	▼ Trim	3+
9	STX Seagate Technology Holdings…	3.4%	$3.37B	3.49M	-73.0%	▼ Trim	3+
10	AAPL Apple Inc.	3.1%	$3.05B	10.53M	-3.1%	▼ Trim	3+
11	CI Cigna Corporation	2.8%	$2.80B	10.14M	-1.4%	▼ Trim	3+
12	DAL Delta Air Lines, Inc.	2.7%	$2.73B	29.13M	-1.1%	▼ Trim	3+
13	BAC Bank of America Corporation	2.6%	$2.64B	46.35M	+2.6%	▲ Add	3+
14	UNH UnitedHealth Group…	2.5%	$2.45B	5.90M	-1.1%	▼ Trim	3+
15	ELV Elevance Health Inc.	2.3%	$2.25B	5.83M	-1.2%	▼ Trim	3+
16	UAL United Airlines Holdings…	2.0%	$2.04B	15.03M	-1.2%	▼ Trim	3+
17	AVGO Broadcom Inc.	2.0%	$1.95B	5.16M	新增	New	1
18	RTX RTX Corporation	1.8%	$1.76B	9.28M	-1.4%	▼ Trim	3+
19	V Visa Inc.	1.6%	$1.65B	4.80M	-1.3%	▼ Trim	3+
20	SPY State Street SPDR S&P 500…	1.5%	$1.52B	2.04M	-30.3%	▼ Trim	3+
21	CRM Salesforce, Inc.	1.5%	$1.51B	9.62M	+0.9%	▲ Add	3+
22	DIS The Walt Disney Company	1.3%	$1.33B	13.78M	新增	New	1
23	AZN AstraZeneca PLC	1.3%	$1.32B	6.99M	-1.1%	▼ Trim	3+
24	BKNG Booking Holdings Inc.	1.3%	$1.32B	7.41M	-1.0% ✂	▼ Trim	3+
25	GD General Dynamics Corporation	1.3%	$1.26B	3.55M	-2.0%	▼ Trim	3+
26	JPM JPMorgan Chase & Co.	1.3%	$1.26B	3.84M	-1.5%	▼ Trim	3+
27	MA Mastercard Incorporated	1.2%	$1.20B	2.33M	-1.3%	▼ Trim	3+
28	CME CME Group Inc.	1.1%	$1.12B	5.07M	+21.8%	▲ Add	3+
29	ULTA Ulta Beauty, Inc.	1.1%	$1.11B	2.46M	+29.0%	▲ Add	3+
30	LMT Lockheed Martin Corporation	1.1%	$1.07B	2.09M	+83.5%	▲ Add	3+
31	PG The Procter & Gamble Company	1.0%	$975.00M	6.65M	-1.5%	▼ Trim	3+
32	NOC Northrop Grumman Corporation	0.9%	$931.15M	1.83M	-2.1%	▼ Trim	3+
33	RCL Royal Caribbean Cruises Ltd.	0.8%	$826.61M	2.60M	新增	New	1
34	VEU Vanguard FTSE All-World…	0.7%	$656.57M	7.84M	-21.4%	▼ Trim	3+
35	PDD PDD Holdings Inc.	0.6%	$605.41M	7.94M	-1.9%	▼ Trim	3+
36	TCOM Trip.com Group Limited	0.4%	$420.73M	10.56M	-0.8%	▼ Trim	3+
37	MKC McCormick & Company…	0.4%	$408.79M	8.11M	新增	New	1
38	HSBC HSBC Holdings plc	0.3%	$250.32M	2.63M	-6.2%	▼ Trim	3+
39	ABBV AbbVie Inc.	0.1%	$121.78M	483.96K	-6.3%	▼ Trim	3+
40	ABT Abbott Laboratories	0.1%	$95.31M	1.05M	-6.3%	▼ Trim	3+
41	TFC Truist Financial Corporation	0.1%	$95.11M	1.91M	-6.3%	▼ Trim	3+
42	PEP PepsiCo, Inc.	0.1%	$71.82M	530.40K	-70.1%	▼ Trim	3+
43	UL Unilever PLC	0.0%	$14.15M	235.44K	+157.2%	▲ Add	3+
44	SHG Shinhan Financial Group…	0.0%	$7.59M	119.94K	-21.9%	▼ Trim	3+
45	ING ING Groep N.V.	0.0%	$3.54M	112.78K	-2.7%	▼ Trim	3+
46	NWG NatWest Group plc	0.0%	$3.17M	179.96K	-2.8%	▼ Trim	3+
47	SYF Synchrony Financial	0.0%	$210,887	2.77K	-85.3%	▼ Trim	3+

仅含普通股（SH）持仓；期权行显示于"期权"标签页，且不作净额处理。✂ = 变动基于拆股调整后的前期持股数计算。"持有 N+ 季度"= 在我们的数据窗口内每季度均有持仓，实际持有时间可能更长。

证券	股份	上期	变动	价值	权重
AVGO Broadcom Inc.	5.16M	—	新增	$1.95B	2.0%
DIS The Walt Disney Company	13.78M	—	新增	$1.33B	1.3%
RCL Royal Caribbean Cruises…	2.60M	—	新增	$826.61M	0.8%
MKC McCormick & Company…	8.11M	—	新增	$408.79M	0.4%

证券	股份	上期	变动	价值	权重	连续记录
META Meta Platforms, Inc.	10.82M	10.56M	+2.4%	$6.10B	6.1%	●●○○○○
MSFT Microsoft Corporation	16.10M	12.39M	+29.9%	$6.01B	6.0%	●●○○○○
NVDA NVIDIA Corporation	22.56M	7.13M	+216.6%	$4.51B	4.5%	●●○○○○
BAC Bank of America…	46.35M	45.17M	+2.6%	$2.64B	2.6%
CRM Salesforce, Inc.	9.62M	9.53M	+0.9%	$1.51B	1.5%	●●○○○○
CME CME Group Inc.	5.07M	4.16M	+21.8%	$1.12B	1.1%
ULTA Ulta Beauty, Inc.	2.46M	1.91M	+29.0%	$1.11B	1.1%	●●○○○○
LMT Lockheed Martin…	2.09M	1.14M	+83.5%	$1.07B	1.1%
UL Unilever PLC	235.44K	91.53K	+157.2%	$14.15M	0.0%

证券	股份	上期	变动	价值	权重	连续记录
TSM Taiwan Semiconductor…	26.15M	28.06M	-6.8%	$12.49B	12.5%	●●○○○○
GOOG Alphabet Inc.	27.47M	28.73M	-4.4%	$9.71B	9.7%	●●○○○○
AMZN Amazon.com, Inc.	29.35M	29.82M	-1.6%	$7.00B	7.0%
STX Seagate Technology…	3.49M	12.90M	-73.0%	$3.37B	3.4%	●●○○○○
AMAT Applied Materials, Inc.	6.09M	6.18M	-1.3%	$4.41B	4.4%	●●○○○○
HCA HCA Healthcare, Inc.	8.83M	8.96M	-1.4%	$3.44B	3.4%	●●○○○○
AAPL Apple Inc.	10.53M	10.87M	-3.1%	$3.05B	3.1%	●●○○○○
CI Cigna Corporation	10.14M	10.29M	-1.4%	$2.80B	2.8%
DAL Delta Air Lines, Inc.	29.13M	29.47M	-1.1%	$2.73B	2.7%	●●○○○○
UNH UnitedHealth Group…	5.90M	5.96M	-1.1%	$2.45B	2.5%	●●○○○○
ELV Elevance Health Inc.	5.83M	5.89M	-1.2%	$2.25B	2.3%
UAL United Airlines…	15.03M	15.20M	-1.2%	$2.04B	2.0%
SPY State Street SPDR S&P…	2.04M	2.92M	-30.3%	$1.52B	1.5%
RTX RTX Corporation	9.28M	9.41M	-1.4%	$1.76B	1.8%
V Visa Inc.	4.80M	4.86M	-1.3%	$1.65B	1.6%
AZN AstraZeneca PLC	6.99M	7.07M	-1.1%	$1.32B	1.3%	●●○○○○
BKNG Booking Holdings Inc.	7.41M	299.47K	-1.0% ✂	$1.32B	1.3%
NOC Northrop Grumman…	1.83M	1.87M	-2.1%	$931.15M	0.9%	●●○○○○
GD General Dynamics…	3.55M	3.62M	-2.0%	$1.26B	1.3%	●●○○○○
JPM JPMorgan Chase & Co.	3.84M	3.90M	-1.5%	$1.26B	1.3%	●●○○○○
MA Mastercard Incorporated	2.33M	2.36M	-1.3%	$1.20B	1.2%
PG The Procter & Gamble…	6.65M	6.75M	-1.5%	$975.00M	1.0%	●●○○○○
PDD PDD Holdings Inc.	7.94M	8.09M	-1.9%	$605.41M	0.6%	●●○○○○
VEU Vanguard FTSE All-World…	7.84M	9.98M	-21.4%	$656.57M	0.7%
TCOM Trip.com Group Limited	10.56M	10.64M	-0.8%	$420.73M	0.4%
PEP PepsiCo, Inc.	530.40K	1.77M	-70.1%	$71.82M	0.1%	●●○○○○
HSBC HSBC Holdings plc	2.63M	2.81M	-6.2%	$250.32M	0.3%	●●○○○○
ABBV AbbVie Inc.	483.96K	516.59K	-6.3%	$121.78M	0.1%	●●○○○○
ABT Abbott Laboratories	1.05M	1.12M	-6.3%	$95.31M	0.1%	●●○○○○
TFC Truist Financial…	1.91M	2.04M	-6.3%	$95.11M	0.1%	●●○○○○
SHG Shinhan Financial Group…	119.94K	153.63K	-21.9%	$7.59M	0.0%	●●○○○○
ING ING Groep N.V.	112.78K	115.89K	-2.7%	$3.54M	0.0%	●●○○○○
NWG NatWest Group plc	179.96K	185.06K	-2.8%	$3.17M	0.0%	●●○○○○
SYF Synchrony Financial	2.77K	18.87K	-85.3%	$210,887	0.0%	●●○○○○

持仓持有时长

40–1 季度

432–4 季度

当前各持仓在我们数据窗口内已连续报告的季度数。

相似管理人

管理人	共同持仓	名称重叠	加权相似度
Brown Advisory Inc	42	3.0%	0.6801	对比 ⇄
Russell Investments Group, Ltd.	47	1.1%	0.641	对比 ⇄
Fayez Sarofim & Co	28	8.8%	0.6156	对比 ⇄
Tiger Global Management	10	12.0%	0.6061	对比 ⇄
Alliancebernstein L.P.	43	1.3%	0.5895	对比 ⇄
Soroban Capital Partners LP	7	11.1%	0.573	对比 ⇄
Jennison Associates Llc	23	4.0%	0.5677	对比 ⇄
Appaloosa	6	9.1%	0.5654	对比 ⇄

仅反映已申报多头仓位的相似度——对冲头寸及非 13F 资产不可见。方法论

申报记录

Aug 10 2026 13F-HR · 期间 Q2 2026

$99.83B · 47 持仓 · 查看 SEC 原始申报文件 ↗

May 14 2026 13F-HR · 期间 Q1 2026

$83.93B · 44 持仓 · 查看 SEC 原始申报文件 ↗

Feb 13 2026 13F-HR · 期间 Q4 2025

$86.82B · 44 持仓 · 查看 SEC 原始申报文件 ↗

Nov 13 2025 13F-HR · 期间 Q3 2025

$81.29B · 47 持仓 · 查看 SEC 原始申报文件 ↗

Aug 08 2025 13F-HR · 期间 Q2 2025

$74.49B · 47 持仓 · 查看 SEC 原始申报文件 ↗

数据来源: 本管理人 13F 信息表（SEC EDGAR）中解析的全部持仓；数值按申报原值列示，单位为美元整数。变动比较各季度最新已接受版本（含修正案），股份数量已按拆股调整。报告期: Q2 2026 · 最新申报文件 Aug 10, 2026 · 变动方法论

☆ Sanders Capital, LLC

Sanders Capital, LLC