§ 13F · FUND PROFILE
Sanders Capital, LLC.
Deep value, concentrated equity
AUM · $99.8B (13F)Positions · 47Turnover · 100% · Q2Filed · Aug 10, 2026
CONCENTRATION
60%
Top 10 holdings
NEW BUYS
+4
+$4.5B deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → SEMICONDUCTORS
-6pp · +8pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 10, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 26.15M | $12.5B | 12.5% | −7% |
| 2 | GOOG | ALPHABET INC | 27.47M | $9.7B | 9.7% | −4% |
| 3 | AMZN | AMAZON COM INC | 29.35M | $7.0B | 7.0% | −2% |
| 4 | META | META PLATFORMS INC | 10.82M | $6.1B | 6.1% | +2% |
| 5 | MSFT | MICROSOFT CORP | 16.10M | $6.0B | 6.0% | +30% |
| 6 | NVDA | NVIDIA CORPORATION | 22.56M | $4.5B | 4.5% | +217% |
| 7 | AMAT | APPLIED MATLS INC | 6.09M | $4.4B | 4.4% | −1% |
| 8 | HCA | HCA HEALTHCARE INC | 8.83M | $3.4B | 3.4% | −1% |
| 9 | STX | SEAGATE TECHNOLOGY HLDNGS PL | 3.49M | $3.4B | 3.4% | −73% |
| 10 | AAPL | APPLE INC | 10.53M | $3.0B | 3.1% | −3% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other23.5% (±0)
Semiconductors23.4% (+8pp)
Media17.2% (±0)
Technology13.9% (−6pp)
Health Care11.1% (−1pp)
Retail8.7% (−1pp)
§ 03 · THE SANDERS SIGNAL
AC read
Sanders Capital, LLC is a Deep Value fund managing $99.8 billion in assets. The fund runs a portfolio of 47 positions, moderate concentration, with the top 10 positions making up 60% of the portfolio. Trading activity is aggressive at 100% quarterly turnover, with 4 new positions and 0 exits last quarter. Top sector allocations: Other (24%), Semiconductors (23%), Media (17%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Active book
+4 buys · −0 exits · 43 changed
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