§ 13F · FUND PROFILE
Sanders Capital, LLC.
Deep value, concentrated equity
AUM · $81.3B (13F)Positions · 47Turnover · 100% · Q1Filed · May 14, 2026
CONCENTRATION
61%
Top 10 holdings
NEW BUYS
+2
+$2.6B deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → RETAIL
-2pp · +4pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 28.06M | $9.5B | 11.3% | −12% |
| 2 | GOOG | ALPHABET INC | 28.73M | $8.2B | 9.8% | −10% |
| 3 | AMZN | AMAZON COM INC | 29.82M | $6.2B | 7.4% | +100% |
| 4 | META | META PLATFORMS INC | 10.56M | $6.0B | 7.2% | +5% |
| 5 | STX | SEAGATE TECHNOLOGY HLDNGS PL | 12.90M | $5.1B | 6.0% | −25% |
| 6 | MSFT | MICROSOFT CORP | 12.39M | $4.6B | 5.5% | +2% |
| 7 | HCA | HCA HEALTHCARE INC | 8.96M | $4.2B | 5.1% | −14% |
| 8 | AAPL | APPLE INC | 10.87M | $2.8B | 3.3% | ±0% |
| 9 | CI | THE CIGNA GROUP | 10.29M | $2.7B | 3.3% | +32% |
| 10 | ACN | ACCENTURE PLC IRELAND | 11.20M | $2.2B | 2.6% | +2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other23.0% (−1pp)
Technology19.5% (−2pp)
Media17.0% (−2pp)
Semiconductors15.3% (+2pp)
Health Care12.4% (±0)
Retail9.6% (+4pp)
§ 03 · THE SANDERS SIGNAL
AC read
Sanders Capital, LLC is a Deep Value fund managing $81.3 billion in assets. The fund runs a portfolio of 47 positions, moderate concentration, with the top 10 positions making up 61% of the portfolio. Trading activity is aggressive at 100% quarterly turnover, with 2 new positions and 0 exits last quarter. Top sector allocations: Other (23%), Technology (20%), Media (17%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Active book
+2 buys · −0 exits · 42 changed
Q4 2025
Active book
+2 buys · −0 exits · 42 changed
Q3 2025
Active book
+2 buys · −0 exits · 45 changed
Q2 2025
Active book
+2 buys · −0 exits · 45 changed