Sanders Capital, LLC
$99.8B
46
60.2%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 TSM | $12.5B | 12.51% | 0.10% | -6.8% | Q3 2014 |
 GOOG | $9.71B | 9.72% | Not reported | -4.4% | Q3 2016 |
 AMZN | $7B | 7.01% | 0.27% | -1.6% | Q2 2024 |
 META | $6.1B | 6.11% | Not reported | +2.4% | Q3 2018 |
 MSFT | $6.01B | 6.02% | 0.22% | +29.9% | Q4 2010 |
 NVDA | $4.51B | 4.52% | 0.09% | +216.6% | Q4 2022 |
 AMAT | $4.41B | 4.41% | 0.77% | -1.3% | Q4 2022 |
 HCA | $3.44B | 3.45% | 4.05% | -1.4% | Q1 2016 |
 STX | $3.37B | 3.37% | 1.56% | -73.0% | Q3 2021 |
 AAPL | $3.05B | 3.05% | 0.07% | -3.1% | Q3 2013 |
 CI | $2.8B | 2.80% | 3.83% | -1.4% | Q4 2012 |
 DAL | $2.73B | 2.73% | 4.43% | -1.2% | Q1 2024 |
 BAC | $2.64B | 2.65% | 0.66% | +2.6% | Q4 2012 |
 UNH | $2.45B | 2.46% | 0.65% | -1.1% | Q4 2010 |
 ELV | $2.25B | 2.26% | 2.69% | -1.2% | Q4 2014 |
 UAL | $2.04B | 2.05% | 4.63% | -1.2% | Q2 2024 |
 AVGO | $1.95B | 1.95% | 0.11% | New | Q2 2026 |
 RTX | $1.76B | 1.76% | 0.69% | -1.4% | Q1 2023 |
 V | $1.65B | 1.65% | 0.26% | -1.3% | Q4 2024 |
 SPY | $1.52B | 1.52% | Not reported | -30.3% | Q4 2010 |
 CRM | $1.51B | 1.51% | 1.17% | +0.9% | Q4 2025 |
 DIS | $1.33B | 1.33% | 0.79% | New | Q2 2026 |
 AZN | $1.32B | 1.33% | Not reported | -1.1% | Q3 2023 |
 BKNG | $1.32B | 1.32% | 0.96% | -1.0% | Q3 2020 |
 GD | $1.26B | 1.26% | 1.31% | -2.0% | Q4 2010 |
 JPM | $1.26B | 1.26% | 0.14% | -1.5% | Q4 2010 |
 MA | $1.2B | 1.20% | 0.19% | -1.3% | Q4 2024 |
 CME | $1.12B | 1.12% | 1.52% | +21.8% | Q3 2025 |
 ULTA | $1.11B | 1.11% | 5.72% | +29.0% | Q1 2025 |
 LMT | $1.07B | 1.07% | 0.91% | +83.5% | Q4 2010 |
 PG | $975M | 0.98% | 0.29% | -1.5% | Q2 2021 |
 NOC | $931M | 0.93% | 1.29% | -2.1% | Q3 2021 |
 RCL | $827M | 0.83% | 0.97% | New | Q2 2026 |
 PDD | $605M | 0.61% | 0.14% | -1.9% | Q4 2024 |
 TCOM | $421M | 0.42% | 1.63% | -0.8% | Q2 2024 |
 MKC | $409M | 0.41% | Not reported | New | Q2 2026 |
 HSBC | $250M | 0.25% | 0.02% | -6.2% | Q2 2023 |
 ABBV | $122M | 0.12% | 0.03% | -6.3% | Q1 2013 |
 ABT | $95.3M | 0.10% | 0.06% | -6.3% | Q4 2010 |
 TFC | $95.1M | 0.10% | 0.16% | -6.3% | Q4 2019 |
 PEP | $71.8M | 0.07% | 0.04% | -70.1% | Q1 2017 |
 UL | $14.2M | 0.01% | 0.01% | +157.2% | Q1 2021 |
 SHG | $7.59M | 0.01% | 0.03% | -21.9% | Q4 2012 |
 ING | $3.54M | 0.00% | 0.00% | -2.7% | Q3 2020 |
 NWG | $3.17M | 0.00% | Not reported | -2.8% | Q3 2020 |
 SYF | $211K | 0.00% | 0.00% | -85.3% | Q4 2015 |
| Q1 2026 | |||||
| TSM | $9.48B | 11.30% | 0.11% | -12.2% | Q3 2014 |
| GOOG | $8.24B | 9.82% | Not reported | -10.0% | Q3 2016 |
| AMZN | $6.21B | 7.40% | 0.28% | +100.1% | Q2 2024 |
| META | $6.04B | 7.20% | Not reported | +5.3% | Q3 2018 |
| STX | $5.05B | 6.02% | 5.91% | -24.9% | Q3 2021 |
| MSFT | $4.59B | 5.47% | 0.17% | +2.0% | Q4 2010 |
| HCA | $4.24B | 5.05% | 4.03% | -14.4% | Q1 2016 |
| AAPL | $2.76B | 3.29% | 0.07% | -0.4% | Q3 2013 |
| CI | $2.74B | 3.27% | 3.90% | +31.9% | Q4 2012 |
 ACN | $2.22B | 2.65% | 1.76% | +2.1% | Q2 2025 |
| BAC | $2.2B | 2.62% | 0.63% | -0.2% | Q4 2012 |
| AMAT | $2.11B | 2.51% | 0.78% | -30.1% | Q4 2022 |
| DAL | $1.96B | 2.33% | 4.49% | -0.4% | Q1 2024 |
| SPY | $1.9B | 2.26% | Not reported | +42.5% | Q4 2010 |
| RTX | $1.81B | 2.16% | 0.70% | +0.1% | Q1 2023 |
| CRM | $1.78B | 2.12% | 1.03% | +10.6% | Q4 2025 |
| ELV | $1.73B | 2.06% | 2.71% | +2.5% | Q4 2014 |
| UNH | $1.61B | 1.92% | 0.66% | -0.5% | Q4 2010 |
| V | $1.47B | 1.75% | 0.26% | +46.6% | Q4 2024 |
| UAL | $1.4B | 1.67% | 4.68% | +0.1% | Q2 2024 |
| AZN | $1.39B | 1.66% | Not reported | -0.1% | Q3 2023 |
| NOC | $1.27B | 1.52% | 1.31% | -1.9% | Q3 2021 |
| NVDA | $1.24B | 1.48% | 0.03% | Not reported | Q4 2022 |
| GD | $1.24B | 1.48% | 1.34% | -1.6% | Q4 2010 |
| CME | $1.23B | 1.46% | 1.25% | -0.4% | Q3 2025 |
| MA | $1.18B | 1.41% | 0.19% | +52.4% | Q4 2024 |
| JPM | $1.15B | 1.37% | 0.15% | -9.5% | Q4 2010 |
| ULTA | $997M | 1.19% | 4.36% | +51.0% | Q1 2025 |
| PG | $975M | 1.16% | 0.29% | -0.4% | Q2 2021 |
| PDD | $827M | 0.99% | 0.14% | -0.3% | Q4 2024 |
| LMT | $690M | 0.82% | 0.50% | -0.2% | Q4 2010 |
| TCOM | $530M | 0.63% | 1.64% | +7.6% | Q2 2024 |
| PEP | $275M | 0.33% | 0.13% | -58.2% | Q1 2017 |
| HSBC | $232M | 0.28% | 0.02% | -2.8% | Q2 2023 |
| ABT | $115M | 0.14% | 0.06% | -2.6% | Q4 2010 |
| ABBV | $112M | 0.13% | 0.03% | -2.9% | Q1 2013 |
| TFC | $93.7M | 0.11% | 0.16% | -3.1% | Q4 2019 |
| BKNG | $50.4M | 0.06% | 0.95% | +0.7% | Q3 2020 |
| SHG | $9.42M | 0.01% | 0.03% | -2.5% | Q4 2012 |
| UL | $5.21M | 0.01% | 0.00% | -6.9% | Q1 2021 |
| ING | $3.02M | 0.00% | 0.00% | -9.7% | Q3 2020 |
| NWG | $2.76M | 0.00% | Not reported | -9.9% | Q3 2020 |
| SYF | $1.28M | 0.00% | 0.01% | -4.9% | Q4 2015 |
| Q4 2025 | |||||
| GOOG | $10B | 11.53% | Not reported | -5.2% | Q3 2016 |
| TSM | $9.71B | 11.19% | 0.12% | -1.0% | Q3 2014 |
| META | $6.63B | 7.63% | Not reported | +5.7% | Q3 2018 |
| MSFT | $5.88B | 6.77% | 0.16% | -1.1% | Q4 2010 |
| HCA | $4.89B | 5.63% | 4.66% | -2.0% | Q1 2016 |
| STX | $4.73B | 5.45% | 8.05% | -2.1% | Q3 2021 |
| AMZN | $3.44B | 3.96% | 0.14% | -0.2% | Q2 2024 |
| AAPL | $2.97B | 3.42% | 0.07% | -0.5% | Q3 2013 |
| ACN | $2.94B | 3.39% | 1.72% | +14.0% | Q2 2025 |
| BAC | $2.49B | 2.87% | 0.63% | -0.2% | Q4 2012 |
| CRM | $2.28B | 2.63% | 0.92% | New | Q4 2025 |
| AMAT | $2.27B | 2.62% | 1.11% | -19.5% | Q4 2022 |
| CI | $2.15B | 2.47% | 2.96% | -0.4% | Q4 2012 |
| DAL | $2.05B | 2.36% | 4.53% | +0.2% | Q1 2024 |
| ELV | $2.02B | 2.32% | 2.61% | -0.3% | Q4 2014 |
| UNH | $1.98B | 2.28% | 0.66% | -0.6% | Q4 2010 |
| RTX | $1.72B | 1.98% | 0.70% | 0.0% | Q1 2023 |
| UAL | $1.7B | 1.96% | 4.69% | +2.8% | Q2 2024 |
| BKNG | $1.59B | 1.83% | 0.92% | +3.7% | Q3 2020 |
| SPY | $1.4B | 1.61% | Not reported | +20.4% | Q4 2010 |
| JPM | $1.39B | 1.60% | 0.16% | -0.7% | Q4 2010 |
| AZN | $1.3B | 1.50% | Not reported | +0.6% | Q3 2023 |
| GD | $1.24B | 1.43% | 1.36% | -1.5% | Q4 2010 |
| V | $1.16B | 1.34% | 0.18% | +6.5% | Q4 2024 |
| CME | $1.14B | 1.31% | 1.25% | +12.1% | Q3 2025 |
| NOC | $1.09B | 1.25% | 1.34% | -1.2% | Q3 2021 |
| PG | $971M | 1.12% | 0.29% | -0.5% | Q2 2021 |
| PDD | $920M | 1.06% | 0.14% | -0.3% | Q4 2024 |
| MA | $884M | 1.02% | 0.13% | +9.4% | Q4 2024 |
| ULTA | $765M | 0.88% | 2.85% | 0.0% | Q1 2025 |
| TCOM | $711M | 0.82% | 1.52% | +0.2% | Q2 2024 |
| PEP | $609M | 0.70% | 0.31% | -12.4% | Q1 2017 |
| LMT | $553M | 0.64% | 0.50% | +125.9% | Q4 2010 |
| HSBC | $227M | 0.26% | 0.02% | -2.8% | Q2 2023 |
 FISV | $154M | 0.18% | 0.43% | -0.4% | Q3 2024 |
| ABT | $144M | 0.17% | 0.07% | -2.9% | Q4 2010 |
| ABBV | $122M | 0.14% | 0.03% | -3.0% | Q1 2013 |
| TFC | $103M | 0.12% | 0.17% | -3.1% | Q4 2019 |
| SHG | $8.45M | 0.01% | 0.03% | -2.7% | Q4 2012 |
| UL | $6.43M | 0.01% | 0.00% | -4.2% | Q1 2021 |
| NWG | $3.6M | 0.00% | Not reported | -6.5% | Q3 2020 |
| ING | $3.57M | 0.00% | 0.00% | -6.4% | Q3 2020 |
| SYF | $1.66M | 0.00% | 0.01% | -7.6% | Q4 2015 |
| Q3 2025 | |||||
| TSM | $9.02B | 11.09% | 0.12% | -15.7% | Q3 2014 |
| GOOG | $8.2B | 10.09% | Not reported | -4.8% | Q3 2016 |
| META | $6.97B | 8.58% | Not reported | -6.6% | Q3 2018 |
| MSFT | $6.36B | 7.83% | 0.17% | -3.8% | Q4 2010 |
| HCA | $4.55B | 5.60% | 4.64% | -3.9% | Q1 2016 |
| STX | $4.14B | 5.09% | 8.25% | -3.0% | Q3 2021 |
| AMZN | $3.28B | 4.03% | 0.14% | +11.3% | Q2 2024 |
| AAPL | $2.79B | 3.43% | 0.07% | -15.5% | Q3 2013 |
| ACN | $2.37B | 2.92% | 1.51% | +9.0% | Q2 2025 |
| BAC | $2.34B | 2.88% | 0.62% | -3.8% | Q4 2012 |
| CI | $2.26B | 2.78% | 2.93% | +0.5% | Q4 2012 |
| AMAT | $2.25B | 2.77% | 1.38% | +42.6% | Q4 2022 |
| UNH | $2.08B | 2.56% | 0.67% | +1.4% | Q4 2010 |
| ELV | $1.86B | 2.29% | 2.60% | -1.0% | Q4 2014 |
| DAL | $1.68B | 2.06% | 4.52% | -2.8% | Q1 2024 |
| RTX | $1.57B | 1.93% | 0.70% | -0.1% | Q1 2023 |
| BKNG | $1.55B | 1.91% | 0.89% | +4.7% | Q3 2020 |
| UAL | $1.43B | 1.75% | 4.56% | +1.8% | Q2 2024 |
| JPM | $1.37B | 1.68% | 0.16% | -4.6% | Q4 2010 |
| GD | $1.27B | 1.57% | 1.38% | -5.3% | Q4 2010 |
| NOC | $1.17B | 1.44% | 1.35% | -2.7% | Q3 2021 |
| SPY | $1.14B | 1.40% | Not reported | +205.5% | Q4 2010 |
| AZN | $1.08B | 1.33% | Not reported | -3.2% | Q3 2023 |
| PDD | $1.07B | 1.32% | 0.15% | -4.6% | Q4 2024 |
| V | $1.06B | 1.31% | 0.17% | +1.2% | Q4 2024 |
| PG | $1.05B | 1.29% | 0.29% | -3.6% | Q2 2021 |
| CME | $1.01B | 1.24% | 1.12% | New | Q3 2025 |
| MA | $805M | 0.99% | 0.12% | -1.6% | Q4 2024 |
| TCOM | $742M | 0.91% | 1.51% | +7.2% | Q2 2024 |
| ULTA | $691M | 0.85% | 2.82% | +8.9% | Q1 2025 |
| PEP | $680M | 0.84% | 0.35% | -3.2% | Q1 2017 |
 BABA | $645M | 0.79% | 0.02% | -57.7% | Q4 2019 |
 HAL | $640M | 0.79% | 3.05% | +9.4% | Q4 2017 |
| FISV | $297M | 0.36% | 0.42% | +1.0% | Q3 2024 |
 SLB | $261M | 0.32% | 0.51% | -22.7% | Q2 2023 |
| LMT | $253M | 0.31% | 0.22% | Not reported | Q4 2010 |
| HSBC | $211M | 0.26% | 0.02% | -0.1% | Q2 2023 |
| ABT | $159M | 0.20% | 0.07% | -0.1% | Q4 2010 |
| ABBV | $127M | 0.16% | 0.03% | -0.2% | Q1 2013 |
| TFC | $99.2M | 0.12% | 0.17% | -0.2% | Q4 2019 |
 C | $95.8M | 0.12% | 0.05% | -92.0% | Q3 2012 |
| SHG | $8.15M | 0.01% | 0.03% | -0.1% | Q4 2012 |
| UL | $6.85M | 0.01% | 0.00% | -3.0% | Q1 2021 |
| ING | $3.58M | 0.00% | 0.00% | -4.6% | Q3 2020 |
| NWG | $3.11M | 0.00% | Not reported | -4.5% | Q3 2020 |
| SYF | $1.53M | 0.00% | 0.01% | -6.2% | Q4 2015 |