Fund detail
Sands Capital Management
large-active, growth, lo
Quarters
52
2025-03-31
$29.39B
Positions
75
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31
2019-12-31
2019-09-30
2019-06-30
2019-03-31
2018-12-31
2018-09-30
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30
2017-03-31
2016-12-31
2016-09-30
2016-06-30
2016-03-31
2015-12-31
2015-09-30
2015-06-30
2015-03-31
2014-12-31
2014-09-30
2014-06-30
2014-03-31
2013-12-31
2013-09-30
2013-06-30
Price is the latest implied close from the selected quarter's 13F (value ÷ shares). Est. Cost is a running average that assumes each quarter's trades cleared near the midpoint of consecutive 13F closes (or yfinance VWAP when available). Most accurate for slow accumulators, least accurate for activists who build positions in a few days.
| # | Issuer | Value ↓ | Weight | Shares | Share Δ | Share Δ % | Prev Weight | First Held | Price | Est. Cost | Unrealized % | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION NVDA | $2.16B | 7.35% | 19,926,183 | -2,113,230 | -9.59% | 8.76% | 2022-06-30 | $108 | ~$27 | +306.50% | |
| 2 | AMAZON COM INC AMZN | $2.11B | 7.18% | 11,094,543 | -713,177 | -6.04% | 7.67% | 2013-06-30 | $190 | ~$60 | +216.93% | |
| 3 | NETFLIX INC NFLX | $1.37B | 4.66% | 1,467,474 | -14,700 | -0.99% | 3.91% | 2015-12-31 | $933 | ~$202 | +361.04% | |
| 4 | VISA INC V | $1.34B | 4.55% | 3,813,042 | -735,208 | -16.16% | 4.25% | 2013-06-30 | $350 | ~$65 | +435.54% | |
| 5 | MERCADOLIBRE INC MELI | $1.19B | 4.06% | 611,999 | -56,507 | -8.45% | 3.36% | 2013-06-30 | $1,951 | ~$1,028 | +89.86% | |
| 6 | SHOPIFY INC SHOP | $1.16B | 3.95% | 12,145,821 | -1,633,118 | -11.85% | 4.34% | 2017-03-31 | $95 | ~$63 | +51.69% | |
| 7 | DOORDASH INC DASH | $1.01B | 3.42% | 5,507,021 | -384,949 | -6.53% | 2.92% | 2020-12-31 | $183 | ~$142 | +28.81% | |
| 8 | AXON ENTERPRISE INC AXON | $999.2M | 3.40% | 1,899,822 | -77,414 | -3.92% | 3.48% | 2023-03-31 | $526 | ~$214 | +146.12% | |
| 9 | MICROSOFT CORP MSFT | $994.1M | 3.38% | 2,648,248 | -155,660 | -5.55% | 3.50% | 2014-09-30 | $375 | ~$286 | +31.44% | |
| 10 | SPOTIFY TECHNOLOGY S A | $983.8M | 3.35% | 1,788,550 | -70,780 | -3.81% | 2.46% | 2024-09-30 | $550 | ~$387 | +42.21% | |
| 11 | SEA LTD SE | $889.7M | 3.03% | 6,817,994 | -573,638 | -7.76% | 2.32% | 2017-12-31 | $130 | ~$52 | +149.48% | |
| 12 | ATLASSIAN CORPORATION TEAM | $831.6M | 2.83% | 3,918,588 | -601,587 | -13.31% | 3.26% | 2022-12-31 | $212 | ~$134 | +58.76% | |
| 13 | CLOUDFLARE INC NET | $724.3M | 2.46% | 6,427,446 | -1,338,608 | -17.24% | 2.47% | 2021-03-31 | $113 | ~$105 | +7.40% | |
| 14 | DEXCOM INC DXCM | $711.2M | 2.42% | 10,414,156 | -695,345 | -6.26% | 2.56% | 2020-03-31 | $68 | ~$99 | -31.15% | |
| 15 | NU HLDGS LTD | $526.8M | 1.79% | 51,443,965 | -6,545,320 | -11.29% | 1.78% | 2021-12-31 | $10 | ~$7 | +44.78% | |
| 16 | ALPHABET INC GOOGL | $518.0M | 1.76% | 3,349,727 | -269,688 | -7.45% | 2.03% | 2015-12-31 | $155 | ~$47 | +225.89% | |
| 17 | FLUTTER ENTMT PLC | $486.4M | 1.65% | 2,195,271 | -115,426 | -5.00% | 1.77% | 2024-03-31 | $222 | ~$203 | +8.87% | |
| 18 | INTERCONTINENTAL EXCHANGE IN ICE | $464.5M | 1.58% | 2,692,729 | -51,549 | -1.88% | 1.21% | 2017-03-31 | $172 | ~$138 | +25.04% | |
| 19 | BLOCK INC XYZ | $463.5M | 1.58% | 8,531,831 | -1,808,003 | -17.49% | 2.60% | 2020-03-31 | $54 | ~$133 | -59.19% | |
| 20 | ASML HOLDING N V | $369.4M | 1.26% | 557,428 | -1,228,348 | -68.79% | 3.66% | 2013-06-30 | $663 | ~$354 | +87.26% | |
| 21 | IRHYTHM TECHNOLOGIES INC IRTC | $315.7M | 1.07% | 3,016,207 | -160,495 | -5.05% | 0.85% | 2020-09-30 | $105 | ~$178 | -41.34% | |
| 22 | DATADOG INC DDOG | $289.2M | 0.98% | 2,915,476 | -610,948 | -17.32% | 1.49% | 2022-06-30 | $99 | ~$92 | +8.35% | |
| 23 | UBER TECHNOLOGIES INC UBER | $285.1M | 0.97% | 3,913,222 | -109,951 | -2.73% | 0.72% | 2020-03-31 | $73 | ~$46 | +59.71% | |
| 24 | COUPANG INC CPNG | $264.9M | 0.90% | 12,080,484 | -972,066 | -7.45% | 0.85% | 2022-12-31 | $22 | ~$15 | +42.70% | |
| 25 | NIKE INC NKE | $238.3M | 0.81% | 3,754,580 | -202,432 | -5.12% | 0.89% | 2013-06-30 | $63 | ~$52 | +21.84% | |
| 26 | ROBLOX CORP RBLX | $233.5M | 0.79% | 4,006,330 | -209,201 | -4.96% | 0.72% | 2024-09-30 | $58 | ~$44 | +31.70% | |
| 27 | LIBERTY MEDIA CORP DEL FWONK | $172.7M | 0.59% | 1,919,229 | -584,835 | -23.36% | 0.69% | 2023-09-30 | $90 | ~$63 | +43.92% | |
| 28 | REPLIGEN CORP RGEN | $164.7M | 0.56% | 1,294,196 | -70,062 | -5.14% | 0.58% | 2022-09-30 | $127 | ~$186 | -31.74% | |
| 29 | ULTRAGENYX PHARMACEUTICAL IN RARE | $150.8M | 0.51% | 4,163,561 | -134,442 | -3.13% | 0.54% | 2023-06-30 | $36 | ~$44 | -18.30% | |
| 30 | KASPI KX JSC KSPI | $121.8M | 0.41% | 1,311,457 | -130,029 | -9.02% | 0.40% | 2024-03-31 | $93 | ~$129 | -27.82% |