Sanders Capital, LLC Long-Term Concentrated

Name: Sanders Capital, LLC Q2 2026 13F Filing | 13F Explorer
Creator: Sanders Capital, LLC
Published: 2026-08-10

Location: West Palm Beach, FL

CIK: 0001508097 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 10, 2026

Total Value: $99.83B (100.0% shares, 0.0% debt)

Holdings (47)

New Positions (4)

AVGO BROADCOM INC 2.0%

Value $1.951B Shares 5,163,630 Est. Cost $377.75 Unrealized —

DIS DISNEY WALT CO 1.3%

Value $1.326B Shares 13,780,700 Est. Cost $96.25 Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.8%

Value $827M Shares 2,603,252 Est. Cost $317.53 Unrealized —

MKC MCCORMICK & CO INC 0.4%

Value $409M Shares 8,107,755 Est. Cost $50.42 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	5,163,630	$1.951B	2.0%	$377.75	—	COM	11135F101
DIS	DISNEY WALT CO	13,780,700	$1.326B	1.3%	$96.25	—	COM	254687106
RCL	ROYAL CARIBBEAN GROUP	2,603,252	$827M	0.8%	$317.53	—	COM	V7780T103
MKC	MCCORMICK & CO INC	8,107,755	$409M	0.4%	$50.42	—	COM NON VTG	579780206

Increased Positions (9)

NVDA NVIDIA CORPORATION 4.5%

Value $4.514B (+263.3%) Shares 22,560,894 (+216.6%) Est. Cost $195.84 Unrealized —

MSFT MICROSOFT CORP 6.0%

Value $6.006B (+30.9%) Shares 16,102,026 (+29.9%) Est. Cost $184.95 Unrealized —

BKNG BOOKING HOLDINGS INC 1.3%

Value $1.322B (+2520.5%) Shares 7,414,965 (+2376.0%) Est. Cost $262.26 Unrealized —

BAC BANK OF AMER CORP 2.6%

Value $2.641B (+19.9%) Shares 46,345,469 (+2.6%) Est. Cost $40.56 Unrealized —

LMT LOCKHEED MARTIN CORP 1.1%

Value $1.067B (+54.7%) Shares 2,093,533 (+83.5%) Est. Cost $484.56 Unrealized —

ULTA ULTA BEAUTY INC 1.1%

Value $1.11B (+11.3%) Shares 2,460,969 (+29.0%) Est. Cost $477.95 Unrealized —

CME CME GROUP INC 1.1%

Value $1.119B (-8.9%) Shares 5,067,740 (+21.8%) Est. Cost $261.17 Unrealized —

META META PLATFORMS INC 6.1%

Value $6.097B (+0.9%) Shares 10,823,070 (+2.4%) Est. Cost $268.43 Unrealized —

UL UNILEVER PLC 0.0%

Value $14.15M (+171.4%) Shares 235,435 (+157.2%) Est. Cost $62.17 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	22,560,894 (+216.6%)	$4.514B (+263.3%)	4.5%	$195.84	—	COM	67066G104
MSFT	MICROSOFT CORP	16,102,026 (+29.9%)	$6.006B (+30.9%)	6.0%	$184.95	—	COM	594918104
BKNG	BOOKING HOLDINGS INC	7,414,965 (+2376.0%)	$1.322B (+2520.5%)	1.3%	$262.26	—	COM	09857L108
BAC	BANK OF AMER CORP	46,345,469 (+2.6%)	$2.641B (+19.9%)	2.6%	$40.56	—	COM	060505104
LMT	LOCKHEED MARTIN CORP	2,093,533 (+83.5%)	$1.067B (+54.7%)	1.1%	$484.56	—	COM	539830109
ULTA	ULTA BEAUTY INC	2,460,969 (+29.0%)	$1.11B (+11.3%)	1.1%	$477.95	—	COM	90384S303
CME	CME GROUP INC	5,067,740 (+21.8%)	$1.119B (-8.9%)	1.1%	$261.17	—	COM	12572Q105
META	META PLATFORMS INC	10,823,070 (+2.4%)	$6.097B (+0.9%)	6.1%	$268.43	—	CL A	30303M102
UL	UNILEVER PLC	235,435 (+157.2%)	$14.15M (+171.4%)	0.0%	$62.17	—	SPON ADR NEW	904767803

Exited Positions (1)

ACN ACCENTURE PLC IRELAND 2.2%

Value $2.22B Shares 11,197,806 Est. Cost $292.98 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ACN	ACCENTURE PLC IRELAND	11,197,806	$2.22B	2.2%	$292.98	—	—	G1151C101

Decreased Positions (32)

TSM TAIWAN SEMICONDUCTOR MANUFAC 12.5%

Value $12.49B (+31.7%) Shares 26,149,064 (-6.8%) Est. Cost $45.37 Unrealized —

AMAT APPLIED MATLS INC 4.4%

Value $4.406B (+108.8%) Shares 6,094,372 (-1.3%) Est. Cost $164.42 Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 3.4%

Value $3.365B (-33.4%) Shares 3,487,219 (-73.0%) Est. Cost $68.04 Unrealized —

GOOG ALPHABET INC 9.7%

Value $9.707B (+17.8%) Shares 27,472,939 (-4.4%) Est. Cost $121.15 Unrealized —

UNH UNITEDHEALTH GROUP INC 2.5%

Value $2.452B (+51.9%) Shares 5,898,634 (-1.1%) Est. Cost $246.77 Unrealized —

HCA HCA HEALTHCARE INC 3.4%

Value $3.442B (-18.8%) Shares 8,828,287 (-1.4%) Est. Cost $149.20 Unrealized —

AMZN AMAZON COM INC 7.0%

Value $6.996B (+12.6%) Shares 29,352,719 (-1.6%) Est. Cost $209.76 Unrealized —

DAL DELTA AIR LINES INC 2.7%

Value $2.728B (+39.3%) Shares 29,129,629 (-1.1%) Est. Cost $43.67 Unrealized —

UAL UNITED AIRLS HLDGS INC 2.0%

Value $2.044B (+46.0%) Shares 15,027,948 (-1.2%) Est. Cost $64.11 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 2.3%

Value $2.253B (+30.5%) Shares 5,825,024 (-1.2%) Est. Cost $278.60 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 1.5%

Value $1.521B (-20.0%) Shares 2,036,906 (-30.3%) Est. Cost $622.67 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.9%

Value $931M (-26.9%) Shares 1,828,249 (-2.1%) Est. Cost $355.84 Unrealized —

AAPL APPLE INC 3.1%

Value $3.046B (+10.4%) Shares 10,528,191 (-3.1%) Est. Cost $82.87 Unrealized —

PDD PDD HOLDINGS INC 0.6%

Value $605M (-26.8%) Shares 7,936,717 (-1.9%) Est. Cost $103.01 Unrealized —

PEP PEPSICO INC 0.1%

Value $71.82M (-73.9%) Shares 530,401 (-70.1%) Est. Cost $115.49 Unrealized —

V VISA INC 1.6%

Value $1.646B (+12.0%) Shares 4,796,303 (-1.3%) Est. Cost $319.39 Unrealized —

JPM JPMORGAN CHASE & CO 1.3%

Value $1.256B (+9.6%) Shares 3,837,596 (-1.5%) Est. Cost $93.65 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 0.7%

Value $657M (-12.4%) Shares 7,839,638 (-21.4%) Est. Cost $68.41 Unrealized —

AZN ASTRAZENECA PLC 1.3%

Value $1.325B (-4.9%) Shares 6,986,830 (-1.1%) Est. Cost $190.39 Unrealized —

RTX RTX CORPORATION 1.8%

Value $1.76B (-3.0%) Shares 9,277,878 (-1.4%) Est. Cost $89.43 Unrealized —

CI THE CIGNA GROUP 2.8%

Value $2.797B (+1.9%) Shares 10,144,617 (-1.4%) Est. Cost $215.22 Unrealized —

ABT ABBOTT LABORATORIES 0.1%

Value $95.31M (-17.2%) Shares 1,050,405 (-6.3%) Est. Cost $96.07 Unrealized —

HSBC HSBC HLDGS PLC 0.3%

Value $250M (+8.1%) Shares 2,632,430 (-6.2%) Est. Cost $39.37 Unrealized —

MA MASTERCARD INCORPORATED 1.2%

Value $1.197B (+1.5%) Shares 2,330,359 (-1.3%) Est. Cost $529.04 Unrealized —

GD GENERAL DYNAMICS CORP 1.3%

Value $1.256B (+1.2%) Shares 3,546,156 (-2.0%) Est. Cost $215.26 Unrealized —

ABBV ABBVIE INC 0.1%

Value $122M (+8.4%) Shares 483,963 (-6.3%) Est. Cost $28.95 Unrealized —

SHG SHINHAN FINANCIAL GROUP CO L 0.0%

Value $7.586M (-19.5%) Shares 119,936 (-21.9%) Est. Cost $36.91 Unrealized —

TFC TRUIST FINL CORP 0.1%

Value $95.11M (+1.5%) Shares 1,909,022 (-6.3%) Est. Cost $40.21 Unrealized —

SYF SYNCHRONY FINANCIAL 0.0%

Value $211K (-83.6%) Shares 2,773 (-85.3%) Est. Cost $26.81 Unrealized —

ING ING GROEP N.V. 0.0%

Value $3.539M (+17.2%) Shares 112,785 (-2.7%) Est. Cost $10.06 Unrealized —

NWG NATWEST GROUP PLC 0.0%

Value $3.173M (+15.1%) Shares 179,964 (-2.8%) Est. Cost $5.04 Unrealized —

PG PROCTER & GAMBLE CO 1.0%

Value $975M (-0.0%) Shares 6,648,957 (-1.5%) Est. Cost $125.84 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	26,149,064 (-6.8%)	$12.49B (+31.7%)	12.5%	$45.37	—	SPONSORED ADS	874039100
AMAT	APPLIED MATLS INC	6,094,372 (-1.3%)	$4.406B (+108.8%)	4.4%	$164.42	—	COM	038222105
STX	SEAGATE TECHNOLOGY HLDNGS PL	3,487,219 (-73.0%)	$3.365B (-33.4%)	3.4%	$68.04	—	ORD SHS	G7997R103
GOOG	ALPHABET INC	27,472,939 (-4.4%)	$9.707B (+17.8%)	9.7%	$121.15	—	CAP STK CL C	02079K107
UNH	UNITEDHEALTH GROUP INC	5,898,634 (-1.1%)	$2.452B (+51.9%)	2.5%	$246.77	—	COM	91324P102
HCA	HCA HEALTHCARE INC	8,828,287 (-1.4%)	$3.442B (-18.8%)	3.4%	$149.20	—	COM	40412C101
AMZN	AMAZON COM INC	29,352,719 (-1.6%)	$6.996B (+12.6%)	7.0%	$209.76	—	COM	023135106
DAL	DELTA AIR LINES INC	29,129,629 (-1.1%)	$2.728B (+39.3%)	2.7%	$43.67	—	COM NEW	247361702
UAL	UNITED AIRLS HLDGS INC	15,027,948 (-1.2%)	$2.044B (+46.0%)	2.0%	$64.11	—	COM	910047109
ELV	ELEVANCE HEALTH INC FORMERLY	5,825,024 (-1.2%)	$2.253B (+30.5%)	2.3%	$278.60	—	COM	036752103
SPY	STATE STR SPDR S&P 500 ETF T	2,036,906 (-30.3%)	$1.521B (-20.0%)	1.5%	$622.67	—	TR UNIT	78462F103
NOC	NORTHROP GRUMMAN CORP	1,828,249 (-2.1%)	$931M (-26.9%)	0.9%	$355.84	—	COM	666807102
AAPL	APPLE INC	10,528,191 (-3.1%)	$3.046B (+10.4%)	3.1%	$82.87	—	COM	037833100
PDD	PDD HOLDINGS INC	7,936,717 (-1.9%)	$605M (-26.8%)	0.6%	$103.01	—	SPONSORED ADS	722304102
PEP	PEPSICO INC	530,401 (-70.1%)	$71.82M (-73.9%)	0.1%	$115.49	—	COM	713448108
V	VISA INC	4,796,303 (-1.3%)	$1.646B (+12.0%)	1.6%	$319.39	—	COM CL A	92826C839
JPM	JPMORGAN CHASE & CO	3,837,596 (-1.5%)	$1.256B (+9.6%)	1.3%	$93.65	—	COM	46625H100
VEU	VANGUARD INTL EQUITY INDEX F	7,839,638 (-21.4%)	$657M (-12.4%)	0.7%	$68.41	—	ALLWRLD EX US	922042775
AZN	ASTRAZENECA PLC	6,986,830 (-1.1%)	$1.325B (-4.9%)	1.3%	$190.39	—	ORD	G0593M107
RTX	RTX CORPORATION	9,277,878 (-1.4%)	$1.76B (-3.0%)	1.8%	$89.43	—	COM	75513E101
CI	THE CIGNA GROUP	10,144,617 (-1.4%)	$2.797B (+1.9%)	2.8%	$215.22	—	COM	125523100
ABT	ABBOTT LABORATORIES	1,050,405 (-6.3%)	$95.31M (-17.2%)	0.1%	$96.07	—	COM	002824100
HSBC	HSBC HLDGS PLC	2,632,430 (-6.2%)	$250M (+8.1%)	0.3%	$39.37	—	SPON ADR NEW	404280406
MA	MASTERCARD INCORPORATED	2,330,359 (-1.3%)	$1.197B (+1.5%)	1.2%	$529.04	—	CL A	57636Q104
GD	GENERAL DYNAMICS CORP	3,546,156 (-2.0%)	$1.256B (+1.2%)	1.3%	$215.26	—	COM	369550108
ABBV	ABBVIE INC	483,963 (-6.3%)	$122M (+8.4%)	0.1%	$28.95	—	COM	00287Y109
SHG	SHINHAN FINANCIAL GROUP CO L	119,936 (-21.9%)	$7.586M (-19.5%)	0.0%	$36.91	—	SPN ADR RESTRD	824596100
TFC	TRUIST FINL CORP	1,909,022 (-6.3%)	$95.11M (+1.5%)	0.1%	$40.21	—	COM	89832Q109
SYF	SYNCHRONY FINANCIAL	2,773 (-85.3%)	$211K (-83.6%)	0.0%	$26.81	—	COM	87165B103
ING	ING GROEP N.V.	112,785 (-2.7%)	$3.539M (+17.2%)	0.0%	$10.06	—	SPONSORED ADR	456837103
NWG	NATWEST GROUP PLC	179,964 (-2.8%)	$3.173M (+15.1%)	0.0%	$5.04	—	SPONS ADR	639057207
PG	PROCTER & GAMBLE CO	6,648,957 (-1.5%)	$975M (-0.0%)	1.0%	$125.84	—	COM	742718109

Unchanged Positions (2)

CRM SALESFORCE INC 1.5%

Value $1.506B Shares 9,615,354 Est. Cost $245.05 Unrealized —

TCOM TRIP COM GROUP LTD 0.4%

Value $421M Shares 10,560,564 Est. Cost $51.95 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	9,615,354	$1.506B	1.5%	$245.05	—	COM	79466L302
TCOM	TRIP COM GROUP LTD	10,560,564	$421M	0.4%	$51.95	—	ADS	89677Q107