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Top 5 1st Quarter Trades of ZEVENBERGEN CAPITAL INVESTMENTS LLC

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May 12, 2022
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ZEVENBERGEN CAPITAL INVESTMENTS LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

Zevenbergen Capital Investments LLC is an investment management firm based out of Seattle, Washington. The company was originally established in 1987 by founder Nancy Ann Zevenbergen, who is still with the company acting as its Director, President, and CIO, as a “responsive, research-focused investment firm.” Zevenbergen Capital Investments has grown from its inception to now operate with 16 employees of which 6 are investment professionals and currently operates as a subsidiary of RidgeWorth Capital Management, Inc. The company conducts its research internally, utilizing a fundamental methodology to invest in the public equity markets on a global scale. Zevenbergen Capital Investments utilizes a bottom up investment approach, allocating its assets in the growth stocks of companies in a variety of sectors. The company invests most heavily in the information technology and consumer discretionary sectors, each of which makes up approximately a third of the firm’s total asset allocations, and also invests in the health care and finance sectors, among other sectors to a lesser degree, in order of decreasing allocation. Zevenbergen Capital Investments holds its allocations an average of 12.22 quarters and holds its top 10 allocations an average of 7.6 quarters. In the most recent quarter, the company had a turnover rate of approximately 12.5%. Zevenbergen Capital Investments manages over $2.5 billion in total assets under management spread across 212 total accounts, all of which are discretionary. Although the company’s total number of accounts has been steadily growing in recent years, Zevenbergen Capital Investment’s total assets under management has been experiencing some volatility in its generally upward trajectory, increasing from under $1.5 billion back in 2010 to its current amount today. The company mainly caters to individuals and high net worth individuals, which each make up a third of its clientele. The company currently offers two funds: its Growth Fund and Genea Fund.

As of the latest 13F report, the guru’s equity portfolio contained 86 stocks valued at a total of $3,719,000,000. The top holdings were TSLA(12.11%), NVDA(7.59%), and TTD(6.11%).

According to GuruFocus data, these were ZEVENBERGEN CAPITAL INVESTMENTS LLC’s top five trades of the quarter.

Tesla Inc


ZEVENBERGEN CAPITAL INVESTMENTS LLC reduced their investment in NAS:TSLA by 69,518 shares. The trade had a 1.53% impact on the equity portfolio. During the quarter, the stock traded for an average price of $934.99.

On 05/12/2022, Tesla Inc traded for a price of $727.29 per share and a market cap of $755,593,960,000. The stock has returned 18.92% over the past year.

GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 5 out of 10.

In terms of valuation, Tesla Inc has a price-earnings ratio of 98.95, a price-book ratio of 22.17, a EV-to-Ebitda ratio of 57.32 and a price-sales ratio of 13.29.

The price-to-GF Value ratio is 0.76, earning the stock a GF Value rank of 7.

FuboTV Inc


ZEVENBERGEN CAPITAL INVESTMENTS LLC reduced their investment in NYSE:FUBO by 2,869,156 shares. The trade had a 0.93% impact on the equity portfolio. During the quarter, the stock traded for an average price of $9.76.

On 05/12/2022, FuboTV Inc traded for a price of $3.08 per share and a market cap of $655,488,000. The stock has returned -83.59% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 2 out of 10.

In terms of valuation, FuboTV Inc has a price-book ratio of 0.94, a EV-to-Ebitda ratio of -1.70 and a price-sales ratio of 0.69.

PayPal Holdings Inc


ZEVENBERGEN CAPITAL INVESTMENTS LLC reduced their investment in NAS:PYPL by 199,171 shares. The trade had a 0.78% impact on the equity portfolio. During the quarter, the stock traded for an average price of $133.33.

On 05/12/2022, PayPal Holdings Inc traded for a price of $73.52 per share and a market cap of $82,546,160,000. The stock has returned -69.76% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, PayPal Holdings Inc has a price-earnings ratio of 23.85, a price-book ratio of 4.08, a price-earnings-to-growth (PEG) ratio of 1.06, a EV-to-Ebitda ratio of 15.80 and a price-sales ratio of 3.31.

The price-to-GF Value ratio is 0.34, earning the stock a GF Value rank of 2.

NVIDIA Corp


ZEVENBERGEN CAPITAL INVESTMENTS LLC reduced their investment in NAS:NVDA by 102,006 shares. The trade had a 0.63% impact on the equity portfolio. During the quarter, the stock traded for an average price of $251.13.

On 05/12/2022, NVIDIA Corp traded for a price of $159.15 per share and a market cap of $430,138,393,000. The stock has returned 16.35% over the past year.

GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.

In terms of valuation, NVIDIA Corp has a price-earnings ratio of 38.36, a price-book ratio of 13.92, a price-earnings-to-growth (PEG) ratio of 1.20, a EV-to-Ebitda ratio of 37.22 and a price-sales ratio of 13.92.

The price-to-GF Value ratio is 0.63, earning the stock a GF Value rank of 10.

The Trade Desk Inc


ZEVENBERGEN CAPITAL INVESTMENTS LLC reduced their investment in NAS:TTD by 274,435 shares. The trade had a 0.52% impact on the equity portfolio. During the quarter, the stock traded for an average price of $72.37.

On 05/12/2022, The Trade Desk Inc traded for a price of $44.55 per share and a market cap of $23,686,641,000. The stock has returned -15.74% over the past year.

GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, The Trade Desk Inc has a price-earnings ratio of 182.35, a price-book ratio of 16.45, a price-earnings-to-growth (PEG) ratio of 19.40, a EV-to-Ebitda ratio of 146.71 and a price-sales ratio of 21.67.

The price-to-GF Value ratio is 0.54, earning the stock a GF Value rank of 4.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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