Sanders Capital held 85.7% more Royal Caribbean Group shares at Sept. 30, 2026, than at June 30, and Procter & Gamble was not listed, according to its latest 13F, the quarterly holdings report big investment managers file with the Securities and Exchange Commission. The West Palm Beach, Florida-based firm filed it on Nov. 2, 2026.
Key points
Largest listed holding: Taiwan Semiconductor Manufacturing, worth $11.16 billion at Sept. 30.
Among the increases: Royal Caribbean, Lockheed Martin and Mastercard.
Among the cuts: HSBC Holdings and Applied Materials.
Among holdings not listed at Sept. 30: Procter & Gamble.
How did Sanders Capital change its P&G and Royal Caribbean stakes?
Selected changes from June 30:
Procter & Gamble: 6,648,957 shares worth $975.0 million at June 30, not listed at Sept. 30.
Royal Caribbean Group: 4,835,116 shares worth $1.29 billion, up 85.7% from 2,603,252.
Lockheed Martin: 3,030,638 shares worth $1.54 billion, up 44.8% from 2,093,533.
Mastercard: 2,941,951 shares, up 26.2% from 2,330,359.
HSBC Holdings: 1,844,107 American depositary shares, down 29.9% from 2,632,430.
Applied Materials: 5,162,011 shares, down 15.3% from 6,094,372.
What is Sanders Capital's largest listed holding?
Taiwan Semiconductor Manufacturing was its largest listed holding at Sept. 30: 24,455,974 American depositary shares worth $11,156,570,779, down 6.5% from 26,149,064. Among new positions listed are 30,900 Lloyds Banking Group American depositary shares worth $173,967. The report's cover page lists 46 entries worth $103,178,374,149, compared with 47 entries worth $99,830,442,199 at June 30.
A 13F has limits. It shows long positions in U.S.-listed stocks and certain other securities, not short bets, and managers have up to 45 days after the quarter ends to file, according to SEC guidance. Sanders Capital's is a combination report: some holdings it manages are reported by another manager, Russell Investments Group. Its holdings may have changed since Sept. 30.
To weigh a fund's moves against your own stocks, research a holding in context with Silvia.
What to watch
Feb. 16, 2027: Sanders Capital's next 13F, covering holdings at Dec. 31, 2026, is due. The 45th day falls on a Sunday and Feb. 15 is a federal holiday, so the deadline moves to the next business day.
Sources: Sanders Capital, LLC, Form 13F information table, Sept. 30, 2026, Form 13F cover page, Sept. 30, 2026, filing index, Nov. 2, 2026, Form 13F information table, June 30, 2026, Form 13F cover page, June 30, 2026 and filing index, Aug. 10, 2026; SEC, Frequently Asked Questions About Form 13F; Office of Personnel Management, federal holidays, 2027. Percentage changes calculated by Silvia News.
Silvia News is for information only and is not investment advice.
