13F portfolio / Value
Sanders Capital
Lewis A. Sanders (founder, CEO, co-CIO)
Sanders Capital is a value-oriented investment manager for institutional and high-net-worth clients.
Its founder, Lewis A. Sanders, was formerly chairman and CEO of AllianceBernstein.
The firm is based in West Palm Beach, FL, according to its SEC filings.
Its earliest 13F holdings report on SEC EDGAR was filed in February 2011.
- Reported 13F value
- $99.8B
- Positions
- 47
- Est. 1-yearEstimate
- +29.3%SPY +15.7%
- Est. 3-year, annualizedEstimate
- +31.0%SPY +22.8%
As of Jun 30, 2026 · filed Aug 10, 2026
Holdings
4 new · 10 added · 33 trimmed · 0 unchanged · 1 sold out
| 1 | TSM on Yahoo Finance (opens in a new tab) | Taiwan Semiconductor ManufacSPONSORED ADS | 12.5% | $12.5B | 26,149,064 | Trimmed -6.8% | $85.95* | $413.04 | +380.6% |
| 2 | GOOG on Yahoo Finance (opens in a new tab) | Alphabet IncCAP STK CL C | 9.7% | $9.7B | 27,472,939 | Trimmed -4.4% | $141.13* | $337.82 | +139.4% |
| 3 | AMZN on Yahoo Finance (opens in a new tab) | Amazon Com IncCOM | 7.0% | $7.0B | 29,352,719 | Trimmed -1.6% | $206.43 | $249.20 | +20.7% |
| 4 | META on Yahoo Finance (opens in a new tab) | Meta Platforms IncCL A | 6.1% | $6.1B | 10,823,070 | Added +2.4% | $342.13* | $706.95 | +106.6% |
| 5 | MSFT on Yahoo Finance (opens in a new tab) | Microsoft CorpCOM | 6.0% | $6.0B | 16,102,026 | Added +29.9% | $342.23* | $526.88 | +54.0% |
| 6 | NVDA on Yahoo Finance (opens in a new tab) | Nvidia CorporationCOM | 4.5% | $4.5B | 22,560,894 | Added +216.6% | $198.20 | $215.30 | +8.6% |
| 7 | AMAT on Yahoo Finance (opens in a new tab) | Applied Matls IncCOM | 4.4% | $4.4B | 6,094,372 | Trimmed -1.3% | $163.84 | $416.19 | +154.0% |
| 8 | HCA on Yahoo Finance (opens in a new tab) | HCA Healthcare IncCOM | 3.4% | $3.4B | 8,828,287 | Trimmed -1.4% | $255.42* | $459.18 | +79.8% |
| 9 | STX on Yahoo Finance (opens in a new tab) | Seagate Technology Hldngs PlORD SHS | 3.4% | $3.4B | 3,487,219 | Trimmed -73.0% | $66.19* | $651.00 | +883.5% |
| 10 | AAPL on Yahoo Finance (opens in a new tab) | Apple IncCOM | 3.1% | $3.0B | 10,528,191 | Trimmed -3.1% | $175.08* | $342.77 | +95.8% |
| 11 | CI on Yahoo Finance (opens in a new tab) | The Cigna GroupCOM | 2.8% | $2.8B | 10,144,617 | Trimmed -1.4% | $271.35* | $300.23 | +10.6% |
| 12 | DAL on Yahoo Finance (opens in a new tab) | Delta Air Lines IncCOM NEW | 2.7% | $2.7B | 29,129,629 | Trimmed -1.1% | $43.24 | $75.66 | +75.0% |
| 13 | BAC on Yahoo Finance (opens in a new tab) | Bank Of Amer CorpCOM | 2.6% | $2.6B | 46,345,469 | Added +2.6% | $39.70* | $51.48 | +29.7% |
| 14 | UNH on Yahoo Finance (opens in a new tab) | Unitedhealth Group IncCOM | 2.5% | $2.5B | 5,898,634 | Trimmed -1.1% | $447.96* | $401.73 | -10.3% |
| 15 | ELV on Yahoo Finance (opens in a new tab) | Elevance Health Inc FormerlyCOM | 2.3% | $2.3B | 5,825,024 | Trimmed -1.2% | $417.19* | $428.93 | +2.8% |
| 16 | UAL on Yahoo Finance (opens in a new tab) | United Airls Hldgs IncCOM | 2.0% | $2.0B | 15,027,948 | Trimmed -1.2% | $64.17 | $96.99 | +51.1% |
| 17 | AVGO on Yahoo Finance (opens in a new tab) | Broadcom IncCOM | 2.0% | $2.0B | 5,163,630 | New | $399.66 | $332.05 | -16.9% |
| 18 | RTX on Yahoo Finance (opens in a new tab) | RTX CorporationCOM | 1.8% | $1.8B | 9,277,878 | Trimmed -1.4% | $72.79* | $192.71 | +164.7% |
| 19 | V on Yahoo Finance (opens in a new tab) | Visa IncCOM CL A | 1.6% | $1.6B | 4,796,303 | Trimmed -1.3% | $315.19 | $400.91 | +27.2% |
| 20 | SPY on Yahoo Finance (opens in a new tab) | State Str SPDR S&P 500 ETF TTR UNIT | 1.5% | $1.5B | 2,036,906 | Trimmed -30.3% | $615.91* | $762.97 | +23.9% |
| 21 | CRM on Yahoo Finance (opens in a new tab) | Salesforce IncCOM | 1.5% | $1.5B | 9,615,354 | Added +0.9% | $241.98 | $240.00 | -0.8% |
| 22 | DIS on Yahoo Finance (opens in a new tab) | Disney Walt CoCOM | 1.3% | $1.3B | 13,780,700 | New | $101.18 | $110.23 | +8.9% |
| 23 | AZN on Yahoo Finance (opens in a new tab) | Astrazeneca PLCORD | 1.3% | $1.3B | 6,986,830 | Trimmed -1.1% | $191.79 | $164.87 | -14.0% |
| 24 | BKNG on Yahoo Finance (opens in a new tab) | Booking Holdings IncCOM | 1.3% | $1.3B | 7,414,965 | Added +2376.0% | $168.28* | $163.09 | -3.1% |
| 25 | GD on Yahoo Finance (opens in a new tab) | General Dynamics CorpCOM | 1.3% | $1.3B | 3,546,156 | Trimmed -2.0% | $209.75* | $342.85 | +63.5% |
| 26 | JPM on Yahoo Finance (opens in a new tab) | JPMorgan Chase & CoCOM | 1.3% | $1.3B | 3,837,596 | Trimmed -1.5% | $138.26* | $337.82 | +144.3% |
| 27 | MA on Yahoo Finance (opens in a new tab) | Mastercard IncorporatedCL A | 1.2% | $1.2B | 2,330,359 | Trimmed -1.3% | $521.67 | $614.51 | +17.8% |
| 28 | CME on Yahoo Finance (opens in a new tab) | CME Group IncCOM | 1.1% | $1.1B | 5,067,740 | Added +21.8% | $263.42 | $292.27 | +10.9% |
| 29 | ULTA on Yahoo Finance (opens in a new tab) | Ulta Beauty IncCOM | 1.1% | $1.1B | 2,460,969 | Added +29.0% | $481.83 | $591.39 | +22.7% |
| 30 | LMT on Yahoo Finance (opens in a new tab) | Lockheed Martin CorpCOM | 1.1% | $1.1B | 2,093,533 | Added +83.5% | $491.65 | $547.50 | +11.4% |
| 31 | PG on Yahoo Finance (opens in a new tab) | Procter & Gamble CoCOM | 1.0% | $975M | 6,648,957 | Trimmed -1.5% | $141.08* | $158.64 | +12.4% |
| 32 | NOC on Yahoo Finance (opens in a new tab) | Northrop Grumman CorpCOM | 0.9% | $931M | 1,828,249 | Trimmed -2.1% | $412.36* | $515.74 | +25.1% |
| 33 | RCL on Yahoo Finance (opens in a new tab) | Royal Caribbean GroupCOM | 0.8% | $827M | 2,603,252 | New | $276.98 | $276.95 | -0.0% |
| 34 | VEU on Yahoo Finance (opens in a new tab) | Vanguard Intl Equity Index FALLWRLD EX US | 0.7% | $657M | 7,839,638 | Trimmed -21.4% | $66.29* | $81.53 | +23.0% |
| 35 | PDD on Yahoo Finance (opens in a new tab) | PDD Holdings IncSPONSORED ADS | 0.6% | $605M | 7,936,717 | Trimmed -1.9% | $113.98 | $81.18 | -28.8% |
| 36 | TCOM on Yahoo Finance (opens in a new tab) | Trip Com Group LtdADS | 0.4% | $421M | 10,560,564 | Trimmed -0.8% | $51.41 | $40.08 | -22.0% |
| 37 | MKC on Yahoo Finance (opens in a new tab) | Mccormick & Co IncCOM NON VTG | 0.4% | $409M | 8,107,755 | New | $48.02 | $45.86 | -4.5% |
| 38 | HSBC on Yahoo Finance (opens in a new tab) | HSBC Hldgs PLCSPON ADR NEW | 0.3% | $250M | 2,632,430 | Trimmed -6.2% | $32.62* | $94.64 | +190.1% |
| 39 | ABBV on Yahoo Finance (opens in a new tab) | Abbvie IncCOM | 0.1% | $122M | 483,963 | Trimmed -6.3% | $135.48* | $284.98 | +110.3% |
| 40 | ABT on Yahoo Finance (opens in a new tab) | Abbott LaboratoriesCOM | 0.1% | $95M | 1,050,405 | Trimmed -6.3% | $93.81 | $104.40 | +11.3% |
| 41 | TFC on Yahoo Finance (opens in a new tab) | Truist Finl CorpCOM | 0.1% | $95M | 1,909,022 | Trimmed -6.3% | $25.13* | $47.22 | +88.0% |
| 42 | PEP on Yahoo Finance (opens in a new tab) | Pepsico IncCOM | 0.1% | $72M | 530,401 | Trimmed -70.1% | $157.42* | $130.98 | -16.8% |
| 43 | UL on Yahoo Finance (opens in a new tab) | Unilever PLCSPON ADR NEW | 0.0% | $14M | 235,435 | Added +157.2% | $60.27 | $65.89 | +9.3% |
| 44 | SHG on Yahoo Finance (opens in a new tab) | Shinhan Financial Group Co LSPN ADR RESTRD | 0.0% | $8M | 119,936 | Trimmed -21.9% | $26.31* | $70.26 | +167.0% |
| 45 | ING on Yahoo Finance (opens in a new tab) | ING Groep N.V.SPONSORED ADR | 0.0% | $4M | 112,785 | Trimmed -2.7% | $11.54* | $33.38 | +189.3% |
| 46 | NWG on Yahoo Finance (opens in a new tab) | Natwest Group PLCSPONS ADR | 0.0% | $3M | 179,964 | Trimmed -2.8% | $4.80* | $17.51 | +265.1% |
| 47 | SYF on Yahoo Finance (opens in a new tab) | Synchrony FinancialCOM | 0.0% | $211K | 2,773 | Trimmed -85.3% | $29.89* | $74.11 | +147.9% |
Sold out since Q1 2026
- ACN on Yahoo Finance (opens in a new tab)Accenture PLC Ireland$2.2B at Q1 2026
Estimated, from reported holdings
Quarter by quarter
High-conviction buys (new positions at 3% or more of the portfolio) since Q3 2023: 2. Of 2 with six months of history, 50.0% beat the S&P 500 from the filing date.
Source: SEC Form 13F-HR 0001172661-26-003204, compared with the Q1 2026 report. 0 option rows are excluded from weights. Tickers map from CUSIP via OpenFIGI. Estimated returns weight each position’s next-quarter total return (Yahoo Finance adjusted closes) by its quarter-end value and assume no trades. Estimated cost averages daily adjusted closes in each quarter the share count rose, from Q3 2023 onward (* = held at the start of our data). Price is the latest close.
Important information
Form 13F data is delayed. Managers have up to 45 days after each calendar quarter to file, so holdings shown may have changed materially since the report date. 13F reports cover long positions in US-listed equities and certain other securities only; they exclude short positions, most non-US holdings, cash, bonds and private investments, and managers may request confidential treatment for some positions. Options rows are listed in filings but are not counted in the holdings and weights shown here.
Estimated holdings returns, estimated cost and high-conviction results are hypothetical calculations from quarter-end holdings and public prices, assuming no trades between reports. They are not the actual returns or costs of any fund or manager and do not reflect fees, trading, leverage, shorts or cash. Biographies are drawn from cited public sources. This page is for information only and is not individualized investment advice or a recommendation to buy or sell any security. Gulfstream Capital and its clients may hold positions in securities shown.