Sanders Capital, LLC

Sanders Capital runs one of the most concentrated large books in the entire 13F universe — $83.9B in just 44 positions. Taiwan Semiconductor (11.3%), Alphabet (9.8%), Amazon (7.4%), Meta (7.2%) and Microsoft (5.5%) dominate, with hospital operator HCA (5.0%) a distinctive non-tech anchor. The Q1 activity reshaped those convictions: the firm added $2.8B to Amazon and $598M to Cigna, while trimming Alphabet (-$1.8B), Booking (-$1.5B), Microsoft (-$1.3B), Accenture, HCA and UnitedHealth. New positions in RTX, AstraZeneca and NVIDIA. Assets eased from $86.8B to $83.9B.