# EDGAR Filing Document

**Accession Number:** 0001816616
**File Stem:** 0001816616-25-000006
**Filing Date:** 2025-8
**Character Count:** 23092
**Document Hash:** ea95afd5731be8c704828840903946e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001816616-25-000006.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001816616-25-000006

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NZS Capital, LLC
- **CENTRAL INDEX KEY:** 0001816616

**ORGANIZATION NAME:**
- **EIN:** 841821721
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20310
- **FILM NUMBER:** 251270587

**BUSINESS ADDRESS:**
- **STREET 1:** 1756 PLATTE STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 7202829746

**MAIL ADDRESS:**
- **STREET 1:** 1756 PLATTE STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001816616

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** NZS Capital, LLC

**Address:** 1756 PLATTE STREET, DENVER, CO 80202

**Telephone number:** 646-295-6187

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-20310

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 54930081OUMEKXGNU940

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                    | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                              | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Linde Plc                         | G54950103 | 07/30/2024     | To approve, on an advisory and non-binding basis, the compensation of Linde plc's Named Executive Officers, as disclosed in the 2024 Proxy statement.                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          71326 |                0 | FOR         |                                    71326 | FOR                         |  |
| Microchip Technology Incorporated | 595017104 | 08/20/2024     | Proposal to approve, on an advisory (non-binding) basis, the compensation of our named executives.                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         263585 |                0 | FOR         |                                   263585 | FOR                         |  |
| Lam Research Corporation          | 512807306 | 11/05/2024     | Advisory vote to approve the compensation of the named executive officers of Lam Research, or "Say on Pay."                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          27706 |                0 | FOR         |                                    27706 | FOR                         |  |
| KLA Corporation                   | 482480100 | 11/06/2024     | To approve on a non-binding, advisory basis our named executive officer compensation.                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           2027 |                0 | FOR         |                                     2027 | FOR                         |  |
| Copart, Inc.                      | 217204106 | 12/06/2024     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers for the fiscal year ended July 31, 2024.                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         129951 |                0 | FOR         |                                   129951 | FOR                         |  |
| Affirm Holdings, Inc.             | 00827B106 | 12/09/2024     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         109395 |                0 | FOR         |                                   109395 | FOR                         |  |
| Microsoft Corporation             | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          72465 |                0 | FOR         |                                    72465 | FOR                         |  |
| Thor Industries, Inc.             | 885160101 | 12/20/2024     | Non-binding advisory vote to approve the compensation of our named executive officers (NEOs).                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          42488 |                0 | FOR         |                                    42488 | FOR                         |  |
| HEICO Corporation                 | 422806109 | 03/14/2025     | ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          65989 |                0 | FOR         |                                    65989 | FOR                         |  |
| HEICO Corporation                 | 422806208 | 03/14/2025     | ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          75864 |                0 | FOR         |                                    75864 | FOR                         |  |
| Texas Instruments Incorporated    | 882508104 | 04/17/2025     | Board proposal regarding advisory approval of the Company's executive compensation.                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         139663 |                0 | FOR         |                                   139663 | FOR                         |  |
| Cognex Corporation                | 192422103 | 04/30/2025     | To approve, on an advisory basis, the compensation of Cognex's named executive officers, as described in the proxy statement including the Compensation Discussion and Analysis, compensation tables and narrative discussion ("say-on-pay"). | SECTION 14A SAY-ON-PAY VOTES |         310801 |                0 | FOR         |                                   310801 | FOR                         |  |
| Intuitive Surgical, Inc.          | 46120E602 | 05/01/2025     | To approve, by advisory vote, the compensation of the Company's Named Executive Officers.                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          20206 |                0 | FOR         |                                    20206 | FOR                         |  |
| Lattice Semiconductor Corporation | 518415104 | 05/02/2025     | To approve on a non-binding, advisory basis, our Named Executive Officers' compensation.                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         173333 |                0 | FOR         |                                   173333 | FOR                         |  |
| Uber Technologies, Inc.           | 90353T100 | 05/05/2025     | Advisory vote to approve 2024 named executive officer compensation.                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         165849 |                0 | FOR         |                                   165849 | FOR                         |  |
| Danaher Corporation               | 235851102 | 05/06/2025     | To approve on an advisory basis the Company's named executive officer compensation.                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         125801 |                0 | FOR         |                                   125801 | FOR                         |  |
| Floor  Decor Holdings, Inc.       | 339750101 | 05/07/2025     | Approve, by non-binding vote, the compensation paid to the Company's named executive officers for the 2024 fiscal year.                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          82987 |                0 | FOR         |                                    82987 | FOR                         |  |
| Cadence Design Systems, Inc.      | 127387108 | 05/08/2025     | Advisory resolution to approve named executive officer compensation.                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         133148 |                0 | FOR         |                                   133148 | FOR                         |  |
| United Rentals, Inc.              | 911363109 | 05/08/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          37834 |                0 | FOR         |                                    37834 | FOR                         |  |
| The Progressive Corporation       | 743315103 | 05/09/2025     | Cast an advisory vote to approve our executive compensation program;                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         151199 |                0 | FOR         |                                   151199 | FOR                         |  |
| American Tower Corporation        | 03027X100 | 05/14/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         129204 |                0 | FOR         |                                   129204 | FOR                         |  |
| Fiserv, Inc.                      | 337738108 | 05/14/2025     | To approve, on an advisory basis, the compensation of the named executive officers of Fiserv, Inc.                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         158880 |                0 | FOR         |                                   158880 | FOR                         |  |
| Amphenol Corporation              | 032095101 | 05/15/2025     | Advisory vote to approve compensation of named executive officers                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         476564 |                0 | FOR         |                                   476564 | FOR                         |  |
| ON Semiconductor Corporation      | 682189105 | 05/15/2025     | Advisory vote to approve the compensation of our named executive officers (Say-on-Pay).                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         134648 |                0 | FOR         |                                   134648 | FOR                         |  |
| Repligen Corporation              | 759916109 | 05/15/2025     | Advisory vote to approve the compensation paid to Repligen Corporation's named executive officers.                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          60181 |                0 | FOR         |                                    60181 | FOR                         |  |
| Penumbra, Inc.                    | 70975L107 | 05/28/2025     | To approve, on an advisory basis, the compensation of Penumbra, Inc.'s named executive officers as disclosed in the proxy statement;                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          27023 |                0 | FOR         |                                    27023 | FOR                         |  |
| Axon Enterprise, Inc.             | 05464C101 | 05/29/2025     | Proposal No. 2 requests that shareholders vote to approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          13857 |                0 | FOR         |                                    13857 | FOR                         |  |
| Lemonade, Inc.                    | 52567D107 | 06/04/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers; and                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          41300 |                0 | FOR         |                                    41300 | FOR                         |  |
| Cloudflare, Inc.                  | 18915M107 | 06/05/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         115192 |                0 | FOR         |                                   115192 | FOR                         |  |
| Procore Technologies, Inc.        | 74275K108 | 06/05/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         232787 |                0 | FOR         |                                   232787 | FOR                         |  |
| Trane Technologies Plc            | G8994E103 | 06/05/2025     | Advisory approval of the compensation of the Company's named executive officers.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          76792 |                0 | FOR         |                                    76792 | FOR                         |  |
| Reddit, Inc.                      | 75734B100 | 06/09/2025     | Advisory vote on the compensation of our named executive officers.                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          32550 |                0 | FOR         |                                    32550 | FOR                         |  |
| Reddit, Inc.                      | 75734B100 | 06/09/2025     | Advisory vote on the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          32550 |                0 | ONE YEAR    |                                    32550 | FOR                         |  |
| Roper Technologies, Inc.          | 776696106 | 06/10/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          48270 |                0 | FOR         |                                    48270 | FOR                         |  |
| Chipotle Mexican Grill, Inc.      | 169656105 | 06/11/2025     | An advisory vote to approve the compensation of our executive officers as disclosed in the proxy statement ("say-on-pay").                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         223023 |                0 | FOR         |                                   223023 | FOR                         |  |
| Marvell Technology, Inc.          | 573874104 | 06/13/2025     | An advisory (non-binding) vote to approve compensation of our named executive officers.                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         118491 |                0 | FOR         |                                   118491 | FOR                         |  |
| Toast, Inc.                       | 888787108 | 06/13/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         334388 |                0 | FOR         |                                   334388 | FOR                         |  |
| MercadoLibre, Inc.                | 58733R102 | 06/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers for fiscal year 2024.                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           6964 |                0 | FOR         |                                     6964 | FOR                         |  |
| Autodesk, Inc.                    | 052769106 | 06/18/2025     | Approve, on an advisory (non-binding) basis, the compensation of Autodesk, Inc's named executive officers.                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          64445 |                0 | FOR         |                                    64445 | FOR                         |  |
| Coinbase Global, Inc.             | 19260Q107 | 06/18/2025     | Approval, on a non-binding advisory basis, of the compensation of our named executive officers.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          25061 |                0 | AGAINST     |                                    25061 | AGAINST                     |  |
| DoorDash, Inc.                    | 25809K105 | 06/24/2025     | The approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          34479 |                0 | FOR         |                                    34479 | FOR                         |  |
| NVIDIA Corporation                | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         190139 |                0 | FOR         |                                   190139 | FOR                         |  |
| CoStar Group, Inc.                | 22160N109 | 06/26/2025     | Proposal to approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         142145 |                0 | AGAINST     |                                   142145 | AGAINST                     |  |

## N-PX: Signature Block

**Reporting Person:** NZS Capital, LLC

**By (Signature):** Tracy Pike

**By (Printed Signature):** Tracy Pike

**By (Title):** CCO / COO

**Date:** 08/28/2025