# SAPIENT CAPITAL LLC

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 1998653. Source: https://holderbook.com/funds/1998653-sapient-capital-llc/

- Reported value: $7.4B
- Positions: 392
- Weight of the ten largest: 65.0%
- Filed: 2026-10-08

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.7B | 1,478,787 | 23.0% | 12 |
| EA SERIES TRUST | [SQS](https://holderbook.com/stocks/SQS/) | $1.4B | 49,527,254 | 18.7% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $384.1M | 1,153,295 | 5.2% | 12 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $296.7M | 1,021,459 | 4.0% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $239.0M | 465,911 | 3.2% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $225.4M | 655,139 | 3.0% | 12 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $164.5M | 740,730 | 2.2% | 12 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $163.9M | 466,600 | 2.2% | 12 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $147.8M | 323,222 | 2.0% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $115.6M | 349,572 | 1.6% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $105.2M | 460,246 | 1.4% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $101.1M | 405,756 | 1.4% | 12 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $94.3M | 681,591 | 1.3% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $88.4M | 121,954 | 1.2% | 12 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $72.1M | 75,860 | 1.0% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $67.9M | 88,789 | 0.9% | 12 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $67.1M | 62,959 | 0.9% | 12 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $65.8M | 72,244 | 0.9% | 12 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $60.3M | 1,108,094 | 0.8% | 12 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $57.6M | 276,775 | 0.8% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $55.0M | 210,256 | 0.7% | 12 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $48.4M | 296,879 | 0.7% | 12 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $45.7M | 115,092 | 0.6% | 12 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $45.7M | 223,779 | 0.6% | 12 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $43.1M | 113,043 | 0.6% | 12 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $38.5M | 165,207 | 0.5% | 12 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $37.6M | 110,306 | 0.5% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $36.3M | 349,184 | 0.5% | 12 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $34.3M | 182,126 | 0.5% | 12 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $31.8M | 166,865 | 0.4% | 12 |
| BWX TECHNOLOGIES INC | [BWXT](https://holderbook.com/stocks/BWXT/) | $31.0M | 226,475 | 0.4% | 10 |
| CHURCHILL DOWNS INC | [CHDN](https://holderbook.com/stocks/CHDN/) | $30.9M | 408,095 | 0.4% | 12 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $28.6M | 51,879 | 0.4% | 12 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $28.4M | 75,971 | 0.4% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $26.8M | 101,237 | 0.4% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $25.0M | 50,190 | 0.3% | 12 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $24.5M | 113,475 | 0.3% | 12 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $24.5M | 164,171 | 0.3% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $24.4M | 270,533 | 0.3% | 12 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $23.4M | 107,423 | 0.3% | 12 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $23.0M | 32,861 | 0.3% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $22.8M | 263,037 | 0.3% | 12 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $22.1M | 110,277 | 0.3% | 12 |
| ASCENDIS PHARMA A/S | [ASND](https://holderbook.com/stocks/ASND/) | $21.8M | 95,721 | 0.3% | 2 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $20.2M | 106,022 | 0.3% | 2 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $20.1M | 56,541 | 0.3% | 12 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $20.0M | 82,860 | 0.3% | 7 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $19.9M | 209,444 | 0.3% | 12 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $19.8M | 232,124 | 0.3% | 12 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $18.6M | 136,726 | 0.3% | 12 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $18.4M | 27,320 | 0.2% | 12 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $18.0M | 23,556 | 0.2% | 12 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $17.4M | 64,110 | 0.2% | 12 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $16.7M | 63,587 | 0.2% | 6 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $16.3M | 207,932 | 0.2% | 12 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $16.1M | 49,522 | 0.2% | 12 |
| KEYCORP | [KEY](https://holderbook.com/stocks/KEY/) | $15.9M | 793,231 | 0.2% | 12 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $15.6M | 113,354 | 0.2% | 12 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $15.6M | 76,445 | 0.2% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $14.9M | 20 | 0.2% | 12 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $14.8M | 111,625 | 0.2% | 12 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $14.6M | 8,089 | 0.2% | 5 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $14.2M | 15,759 | 0.2% | 4 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $14.2M | 36,511 | 0.2% | 12 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $14.0M | 111,792 | 0.2% | 12 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $14.0M | 174,833 | 0.2% | 12 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $13.0M | 41,650 | 0.2% | 12 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $12.9M | 164,792 | 0.2% | 12 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $12.6M | 67,614 | 0.2% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $12.2M | 176,024 | 0.2% | 12 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $12.1M | 401,351 | 0.2% | 7 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $11.8M | 230,744 | 0.2% | 12 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.7M | 80,573 | 0.2% | 12 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $11.4M | 42,934 | 0.2% | 2 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $11.3M | 47,672 | 0.2% | 1 |
|  | - | $11.1M | 60,319 | 0.1% | 1 |
| FIDELITY COVINGTON TRUST | [FDVV](https://holderbook.com/stocks/FDVV/) | $11.1M | 182,812 | 0.1% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $11.0M | 30,611 | 0.1% | 12 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $10.2M | 80,122 | 0.1% | 12 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $10.0M | 13,536 | 0.1% | 12 |
| MARTIN MARIETTA MATLS INC | [MLM](https://holderbook.com/stocks/MLM/) | $10.0M | 20,780 | 0.1% | 12 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $9.9M | 237,789 | 0.1% | 12 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $9.4M | 33,028 | 0.1% | 12 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $9.4M | 17,891 | 0.1% | 12 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $9.2M | 11,325 | 0.1% | 12 |
| URANIUM ENERGY CORP | [UEC](https://holderbook.com/stocks/UEC/) | $9.2M | 969,240 | 0.1% | 5 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $9.1M | 67,916 | 0.1% | 12 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $8.7M | 6,457 | 0.1% | 12 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $8.5M | 52,435 | 0.1% | 1 |
| ARGAN INC | [AGX](https://holderbook.com/stocks/AGX/) | $8.5M | 22,544 | 0.1% | 9 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $8.1M | 170,192 | 0.1% | 11 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $8.0M | 114,766 | 0.1% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $8.0M | 42,907 | 0.1% | 12 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $8.0M | 55,941 | 0.1% | 12 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $7.7M | 95,373 | 0.1% | 12 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $7.6M | 7,644 | 0.1% | 5 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $7.6M | 32,609 | 0.1% | 1 |
| PURE CYCLE CORP | [PCYO](https://holderbook.com/stocks/PCYO/) | $7.6M | 684,001 | 0.1% | 12 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $7.3M | 20,705 | 0.1% | 12 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $7.2M | 65,412 | 0.1% | 9 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +17.3% | +14.8% | +2.4% | 82% |
| Q1 2026 | -10.4% | -4.6% | -5.8% | 99% |
| Q4 2025 | +6.6% | +2.4% | +4.2% | 101% |
| Q3 2025 | +14.1% | +7.8% | +6.3% | 100% |
| Q2 2025 | +11.2% | +10.5% | +0.7% | 100% |
| Q1 2025 | -3.9% | -4.6% | +0.7% | 100% |
| Q4 2024 | +5.5% | +2.1% | +3.3% | 100% |
| Q3 2024 | +6.2% | +5.4% | +0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $7.4B | 392 |
| Q2 2026 | $15.3B | 396 |
| Q1 2026 | $6.6B | 443 |
| Q4 2025 | $7.1B | 417 |
| Q3 2025 | $6.5B | 388 |
| Q2 2025 | $5.6B | 373 |
| Q1 2025 | $5.1B | 364 |
| Q4 2024 | $5.2B | 368 |
| Q3 2024 | $5.0B | 389 |
| Q2 2024 | $4.8B | 364 |
| Q1 2024 | $4.5B | 369 |
| Q4 2023 | $3.9B | 383 |