$32.9 Billion is the total value of Sands Capital Management's 74 reported holdings in Q4 2023. The portfolio turnover from Q3 2023 to Q4 2023 was 4.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AMZN | Sell | AMAZON COM INC | $2,009,628,029 | +11.8% | 13,226,458 | -6.5% | 6.11% | -0.2% |
| DXCM | Buy | DEXCOM INC | $1,868,647,237 | +46.6% | 15,058,806 | +10.2% | 5.68% | +30.9% |
| V | Sell | VISA INC | $1,685,439,614 | -5.9% | 6,473,745 | -16.9% | 5.12% | -16.0% |
| NVDA | Sell | NVIDIA CORPORATION | $1,533,923,646 | -3.5% | 3,097,459 | -15.3% | 4.66% | -13.9% |
| MELI | Sell | MERCADOLIBRE INC | $1,446,918,450 | +11.5% | 920,701 | -10.1% | 4.40% | -0.4% |
| LRCX | Sell | LAM RESEARCH CORP | $1,316,019,353 | +8.6% | 1,680,182 | -13.1% | 4.00% | -3.1% |
| MSFT | Sell | MICROSOFT CORP | $1,306,031,669 | +0.0% | 3,473,119 | -16.0% | 3.97% | -10.7% |
| ASML | Buy | ASML HOLDING N V | $1,224,002,464 | +39.1% | 1,617,083 | +8.1% | 3.72% | +24.2% |
| NOW | Sell | SERVICENOW INC | $1,198,629,521 | +2.5% | 1,696,598 | -18.9% | 3.64% | -8.5% |
| SHOP | Sell | SHOPIFY INCcl a | $1,153,383,583 | +34.1% | 14,805,951 | -6.0% | 3.51% | +19.8% |
| SNOW | Buy | SNOWFLAKE INCcl a | $1,083,237,794 | +46.7% | 5,443,406 | +12.6% | 3.29% | +31.0% |
| SQ | Sell | BLOCK INCcl a | $1,063,484,686 | +71.1% | 13,748,994 | -2.1% | 3.23% | +52.8% |
| Sell | ATLASSIAN CORPORATIONcl a | $1,056,863,358 | +5.2% | 4,443,216 | -10.9% | 3.21% | -6.1% | |
| ENTG | Sell | ENTEGRIS INC | $1,014,262,281 | +20.5% | 8,464,883 | -5.6% | 3.08% | +7.6% |
| NFLX | Sell | NETFLIX INC | $942,643,986 | -0.6% | 1,936,091 | -22.9% | 2.86% | -11.2% |
| NET | Sell | CLOUDFLARE INC | $882,026,633 | +27.1% | 10,593,642 | -3.8% | 2.68% | +13.5% |
| OKTA | Buy | OKTA INCcl a | $756,687,219 | +58.1% | 8,358,414 | +42.3% | 2.30% | +41.2% |
| Buy | NU HLDGS LTD | $709,888,106 | +121.4% | 85,220,661 | +92.7% | 2.16% | +97.8% | |
| DASH | Sell | DOORDASH INCcl a | $709,720,378 | +6.1% | 7,176,867 | -14.7% | 2.16% | -5.3% |
| FB | Sell | META PLATFORMS INCcl a | $705,286,538 | +16.9% | 1,992,560 | -0.8% | 2.14% | +4.4% |
| AXON | Buy | AXON ENTERPRISE INC | $679,059,671 | +30.6% | 2,628,652 | +0.6% | 2.06% | +16.7% |
| TSM | Sell | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $581,522,032 | +17.8% | 5,591,558 | -1.6% | 1.77% | +5.1% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $576,054,041 | +2.6% | 4,123,803 | -3.9% | 1.75% | -8.4% |
| DDOG | Buy | DATADOG INC | $554,072,511 | +38.2% | 4,564,776 | +3.7% | 1.68% | +23.4% |
| CSGP | Sell | COSTAR GROUP INC | $491,201,799 | -19.4% | 5,620,801 | -29.1% | 1.49% | -28.1% |
| NKE | Sell | NIKE INCcl b | $470,831,828 | +8.2% | 4,336,666 | -4.7% | 1.43% | -3.4% |
| EW | Buy | EDWARDS LIFESCIENCES CORP | $465,407,277 | +48.1% | 6,103,702 | +34.6% | 1.42% | +32.2% |
| UBER | Sell | UBER TECHNOLOGIES INC | $399,670,511 | -11.5% | 6,491,319 | -33.9% | 1.22% | -20.9% |
| ALGN | Sell | ALIGN TECHNOLOGY INC | $391,846,852 | -16.2% | 1,430,098 | -6.6% | 1.19% | -25.2% |
| ABNB | Sell | AIRBNB INC | $349,155,535 | -8.0% | 2,564,680 | -7.3% | 1.06% | -17.9% |
| GLOB | Sell | GLOBANT S A | $348,872,968 | +19.0% | 1,465,976 | -1.0% | 1.06% | +6.3% |
| SE | Sell | SEA LTDsponsord ads | $297,626,278 | -58.0% | 7,348,797 | -54.4% | 0.90% | -62.5% |
| XP | Sell | XP INCcl a | $281,115,756 | +10.7% | 10,783,113 | -2.1% | 0.85% | -1.2% |
| RGEN | Sell | REPLIGEN CORP | $268,861,593 | +7.7% | 1,495,337 | -4.8% | 0.82% | -3.9% |
| FND | Sell | FLOOR & DECOR HLDGS INCcl a | $249,890,495 | +12.1% | 2,239,965 | -9.1% | 0.76% | +0.1% |
| IRTC | Sell | IRHYTHM TECHNOLOGIES INC | $239,528,760 | +8.1% | 2,237,750 | -4.8% | 0.73% | -3.4% |
| CPNG | Buy | COUPANG INCcl a | $233,792,537 | -4.1% | 14,440,552 | +0.7% | 0.71% | -14.3% |
| ROP | Buy | ROPER TECHNOLOGIES INC | $207,267,637 | +21.1% | 380,189 | +7.6% | 0.63% | +8.2% |
| TXG | Sell | 10X GENOMICS INC | $200,904,514 | +22.2% | 3,590,145 | -9.9% | 0.61% | +9.1% |
| RARE | Buy | ULTRAGENYX PHARMACEUTICAL IN | $196,923,143 | +114.3% | 4,118,008 | +59.8% | 0.60% | +91.4% |
| MTCH | Sell | MATCH GROUP INC NEW | $179,070,569 | -17.3% | 4,906,043 | -11.3% | 0.54% | -26.2% |
| HDB | Buy | HDFC BANK LTDsponsored ads | $174,234,874 | +19.7% | 2,596,258 | +5.3% | 0.53% | +7.1% |
| Buy | LIBERTY MEDIA CORP DEL | $164,359,523 | +11.5% | 2,603,509 | +10.0% | 0.50% | -0.4% | |
| CHTR | Buy | CHARTER COMMUNICATIONS INC Ncl a | $124,323,185 | -6.6% | 319,860 | +5.7% | 0.38% | -16.6% |
| TDG | Buy | TRANSDIGM GROUP INC | $115,958,696 | +26.9% | 114,629 | +5.8% | 0.35% | +13.2% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $101,999,074 | +1.8% | 723,757 | -4.8% | 0.31% | -9.1% |
| IQV | Buy | IQVIA HLDGS INC | $91,700,753 | +24.7% | 396,321 | +6.1% | 0.28% | +11.6% |
| BZ | Sell | KANZHUN LIMITEDsponsored ads | $90,818,065 | +7.3% | 5,467,674 | -2.0% | 0.28% | -4.2% |
| TXN | Buy | TEXAS INSTRS INC | $88,674,826 | +13.3% | 520,209 | +5.6% | 0.27% | +1.5% |
| STE | Buy | STERIS PLC | $88,402,125 | +5.8% | 402,102 | +5.6% | 0.27% | -5.3% |
| ZTS | Buy | ZOETIS INCcl a | $88,165,574 | +19.8% | 446,702 | +5.6% | 0.27% | +7.2% |
| UNH | Buy | UNITEDHEALTH GROUP INC | $81,062,165 | +10.8% | 153,973 | +6.1% | 0.25% | -1.2% |
| RACE | Buy | FERRARI N V | $74,723,652 | +187.5% | 220,795 | +151.1% | 0.23% | +158.0% |
| ICE | Buy | INTERCONTINENTAL EXCHANGE IN | $74,466,283 | +23.1% | 579,820 | +5.5% | 0.23% | +9.7% |
| Buy | SAMSARA INC | $52,736,261 | +38.5% | 1,579,876 | +4.6% | 0.16% | +23.1% | |
| Buy | STEVANATO GROUP S P A | $51,423,366 | -6.7% | 1,884,330 | +1.6% | 0.16% | -17.0% | |
| SITE | Buy | SITEONE LANDSCAPE SUPPLY INC | $50,500,287 | +4.9% | 310,771 | +5.5% | 0.15% | -6.7% |
| Buy | KLAVIYO INC | $18,426,557 | -16.4% | 663,303 | +3.8% | 0.06% | -25.3% | |
| IWF | Buy | ISHARES TRrus 1000 grw etf | $17,762,124 | +14576.4% | 58,588 | +12776.5% | 0.05% | – |
| INDA | Buy | ISHARES TRmsci india etf | $11,055,221 | +14.8% | 226,495 | +4.0% | 0.03% | +3.0% |
| Buy | GITLAB INC | $6,385,781 | +60.4% | 101,426 | +15.2% | 0.02% | +35.7% | |
| TECH | Buy | BIO-TECHNE CORP | $968,667 | +49.3% | 12,554 | +31.7% | 0.00% | +50.0% |
| CDNS | Buy | CADENCE DESIGN SYSTEM INC | $873,763 | +53.1% | 3,208 | +31.7% | 0.00% | +50.0% |
| PATH | UIPATH INCcl a | $1,108,907 | +45.2% | 44,642 | 0.0% | 0.00% | 0.0% | |
| APTV | Sell | APTIV PLC | $765,042 | -99.8% | 8,527 | -99.8% | 0.00% | -99.9% |
| New | LINDE PLC | $40,660 | – | 99 | +100.0% | 0.00% | – | |
| WCN | Buy | WASTE CONNECTIONS INC | $56,424 | +96.3% | 378 | +76.6% | 0.00% | – |
| INTU | INTUIT | $121,881 | +22.3% | 195 | 0.0% | 0.00% | – | |
| ILMN | ILLUMINA INC | $14,342 | +1.4% | 103 | 0.0% | 0.00% | – | |
| COUR | COURSERA INC | $24,890 | +3.6% | 1,285 | 0.0% | 0.00% | – | |
| Sell | CANADIAN PACIFIC KANSAS CITY | $31,940 | +3.9% | 404 | -2.2% | 0.00% | – | |
| ADBE | ADOBE INC | $95,456 | +17.0% | 160 | 0.0% | 0.00% | – | |
| BILL | BILL HOLDINGS INC | $102,395 | -24.9% | 1,255 | 0.0% | 0.00% | – | |
| ZLAB | Exit | ZAI LAB LTDadr | $0 | – | -98 | -100.0% | 0.00% | – |
| ICLR | Sell | ICON PLC | $56,897 | -9.4% | 201 | -21.2% | 0.00% | – |
| CHGG | Exit | CHEGG INC | $0 | – | -4,782,211 | -100.0% | -0.14% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2024-02-13
Signatures
The EDGAR filing(s) were signed by:
About Sands Capital Management
Sands Capital Management is a well-known investment management firm that specializes in growth equity strategies. The company was founded in 1992 by Frank M. Sands Sr. and has since grown to manage over $50 billion in assets for a diverse range of clients, including individuals, institutions, and financial advisors.
At the helm of Sands Capital Management is CEO and Chief Investment Officer, Frank M. Sands Jr. He is responsible for overseeing the firm's investment strategies and ensuring that they align with the company's core values of innovation, collaboration, and excellence. Sands Jr. is supported by a team of experienced investment professionals, including COO and President, Christine L. Johnson, who oversees the firm's day-to-day operations.
Sands Capital Management's investment philosophy is centered around identifying high-quality growth companies that have the potential to generate significant long-term returns. The firm's investment process is rigorous and involves in-depth research and analysis of each potential investment opportunity. Sands Capital Management's portfolio is well-diversified across a range of sectors, including technology, healthcare, and consumer goods.
While past performance is not indicative of future results, Sands Capital Management has a strong track record of delivering consistent returns for its clients. However, it's important to note that investing always carries risks, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| VISA INC | 45 | Q2 2024 | 9.1% |
| ASML HOLDING NV ADR | 45 | Q2 2024 | 5.9% |
| NIKE INC | 45 | Q2 2024 | 4.1% |
| MERCADOLIBRE INC | 45 | Q2 2024 | 5.0% |
| AMAZON.COM INC | 43 | Q2 2024 | 8.5% |
| META PLATFORMS INC | 43 | Q2 2024 | 8.1% |
| COSTAR GROUP INC | 39 | Q2 2024 | 2.9% |
| ISHARES TR | 39 | Q2 2024 | 0.7% |
| EDWARDS LIFESCIENCES CORP | 36 | Q2 2024 | 5.2% |
| TAIWAN SEMICONDUCTOR-SP ADR | 36 | Q2 2024 | 2.6% |
View Sands Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Cloudflare, Inc. | February 13, 2024 | 10,593,642 | 3.6% |
| ENTEGRIS INC | February 13, 2024 | 8,464,883 | 5.6% |
| iRhythm Technologies, Inc. | February 13, 2024 | 2,237,750 | 7.3% |
| Okta, Inc. | February 13, 2024 | 8,358,414 | 5.3% |
| Stevanato Group S.p.A. | February 13, 2024 | 1,884,330 | 5.5% |
| Ultragenyx Pharmaceutical Inc. | February 13, 2024 | 4,118,008 | 5.0% |
| Warner Music Group Corp. | July 10, 2023 | ? | ? |
| Sarepta Therapeutics, Inc. | February 14, 2023 | 2,151,378 | 2.5% |
| Fiverr International Ltd. | February 14, 2022 | 1,607,982 | 4.4% |
| Floor & Decor Holdings, Inc. | February 14, 2022 | 4,133,258 | 3.9% |
View Sands Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| N-PX | 2024-08-29 |
| 13F-HR | 2024-08-13 |
| 13F-HR | 2024-05-14 |
| 13F-HR | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G | 2024-02-13 |
| SC 13G | 2024-02-13 |
| SC 13G | 2024-02-13 |
| SC 13G | 2024-02-13 |
View Sands Capital Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.