Fund detail
Sands Capital Management
large-active, growth, lo
Quarters
52
2025-09-30
$36.25B
Positions
64
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 | TAIWAN SEMICONDUCTOR MFG LTD TSM | $2.58B | 7.13% | 9,251,889 | +699,611 | +8.18% | 5.56% | 2015-09-30 | $279 | ~$133 | +109.50% | |
| 2 | ALPHABET INC GOOGL | $1.16B | 3.20% | 4,771,097 | +1,685,218 | +54.61% | 1.56% | 2015-12-31 | $243 | ~$105 | +132.08% | |
| 3 | SPOTIFY TECHNOLOGY S A | $1.08B | 2.98% | 1,547,640 | +192,837 | +14.23% | 2.98% | 2024-09-30 | $698 | ~$430 | +62.37% | |
| 4 | META PLATFORMS INC META | $1.02B | 2.81% | 1,388,064 | +82,023 | +6.28% | 2.77% | 2013-06-30 | $734 | ~$224 | +228.22% | |
| 5 | INTERCONTINENTAL EXCHANGE IN ICE | $956.5M | 2.64% | 5,677,266 | +364,227 | +6.86% | 2.80% | 2017-03-31 | $168 | ~$159 | +6.05% | |
| 6 | BLOCK INC XYZ | $838.6M | 2.31% | 11,603,057 | +1,262,317 | +12.21% | 2.02% | 2020-03-31 | $72 | ~$115 | -37.19% | |
| 7 | SAMSARA INC IOT | $764.3M | 2.11% | 20,518,332 | +1,242,122 | +6.44% | 2.20% | 2021-12-31 | $37 | ~$38 | -3.17% | |
| 8 | APPLOVIN CORP APP | $730.7M | 2.02% | 1,016,959 | +199,613 | +24.42% | 0.82% | 2024-12-31 | $719 | ~$351 | +104.72% | |
| 9 | BROADCOM INC AVGO | $679.8M | 1.88% | 2,060,624 | +217,297 | +11.79% | 1.46% | 2025-03-31 | $330 | ~$193 | +71.12% | |
| 10 | CARVANA CO CVNA | $638.1M | 1.76% | 1,691,515 | +790,288 | +87.69% | 0.87% | 2021-06-30 | $377 | ~$313 | +20.39% | |
| 11 | INTUITIVE SURGICAL INC ISRG | $599.8M | 1.65% | 1,341,109 | +583,539 | +77.03% | 1.18% | 2013-06-30 | $447 | ~$319 | +40.15% | |
| 12 | FLUTTER ENTMT PLC | $540.1M | 1.49% | 2,126,306 | +4,669 | +0.22% | 1.74% | 2024-03-31 | $254 | ~$204 | +24.73% | |
| 13 | ATLASSIAN CORPORATION TEAM | $421.9M | 1.16% | 2,641,730 | +53,007 | +2.05% | 1.51% | 2022-12-31 | $160 | ~$135 | +18.63% | |
| 14 | BUILDERS FIRSTSOURCE INC BLDR | $294.7M | 0.81% | 2,430,902 | +1,414,129 | +139.08% | 0.34% | 2025-03-31 | $121 | ~$121 | -0.18% | |
| 15 | ON HLDG AG | $286.7M | 0.79% | 6,769,430 | +2,155,083 | +46.70% | 0.69% | 2025-06-30 | $42 | ~$51 | -16.15% | |
| 16 | CARLISLE COS INC CSL | $279.5M | 0.77% | 849,501 | +423,141 | +99.25% | 0.46% | 2025-06-30 | $329 | ~$362 | -9.21% | |
| 17 | TETRA TECH INC NEW TTEK | $239.6M | 0.66% | 7,179,032 | +1,978,697 | +38.05% | 0.54% | 2024-12-31 | $33 | ~$37 | -10.55% | |
| 18 | HDFC BANK LTD HDB | $211.5M | 0.58% | 6,190,788 | +3,307,453 | +114.71% | 0.63% | 2017-03-31 | $34 | ~$30 | +14.24% | |
| 19 | LIBERTY MEDIA CORP DEL FWONK | $210.4M | 0.58% | 2,014,627 | +103,594 | +5.42% | 0.57% | 2023-09-30 | $104 | ~$65 | +61.44% | |
| 20 | WASTE CONNECTIONS INC WCN | $208.0M | 0.57% | 1,183,194 | +63,112 | +5.63% | 0.60% | 2021-06-30 | $176 | ~$179 | -1.72% | |
| 21 | ROPER TECHNOLOGIES INC ROP | $175.4M | 0.48% | 351,775 | +23,929 | +7.30% | 0.53% | 2019-06-30 | $499 | ~$427 | +16.71% | |
| 22 | TRANSDIGM GROUP INC TDG | $123.0M | 0.34% | 93,296 | +6,396 | +7.36% | 0.38% | 2017-03-31 | $1,318 | ~$621 | +112.13% | |
| 23 | FERRARI N V | $122.1M | 0.34% | 251,698 | +7,981 | +3.27% | 0.34% | 2023-03-31 | $485 | ~$333 | +45.66% | |
| 24 | MCKESSON CORP MCK | $121.4M | 0.33% | 157,146 | +11,279 | +7.73% | 0.31% | 2025-03-31 | $773 | ~$689 | +12.12% | |
| 25 | SAP SE SAP | $117.6M | 0.32% | 440,270 | +150,884 | +52.14% | 0.25% | 2013-06-30 | $267 | ~$214 | +24.96% | |
| 26 | CADENCE DESIGN SYSTEM INC CDNS | $116.6M | 0.32% | 331,887 | +23,696 | +7.69% | 0.27% | 2022-06-30 | $351 | ~$298 | +17.69% | |
| 27 | PALO ALTO NETWORKS INC PANW | $39.6M | 0.11% | 194,619 | +39,756 | +25.67% | 0.09% | 2015-06-30 | $204 | ~$64 | +220.28% | |
| 28 | STEVANATO GROUP S P A | $12.0M | 0.03% | 464,931 | +296 | +0.06% | 0.03% | 2023-06-30 | $26 | ~$32 | -19.28% |