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 | NVIDIA CORPORATION NVDA | $3.89B | 10.72% | 20,828,827 | -728,381 | -3.38% | 9.78% | 2022-06-30 | $187 | ~$35 | +437.36% | |
| 2 | AMAZON COM INC AMZN | $1.85B | 5.10% | 8,413,999 | -816,024 | -8.84% | 5.81% | 2013-06-30 | $220 | ~$60 | +265.75% | |
| 3 | MICROSOFT CORP MSFT | $1.48B | 4.09% | 2,865,638 | -89,107 | -3.02% | 4.22% | 2014-09-30 | $518 | ~$301 | +71.94% | |
| 4 | VISA INC V | $1.37B | 3.79% | 4,027,033 | -3,071 | -0.08% | 4.11% | 2013-06-30 | $341 | ~$81 | +321.90% | |
| 5 | NETFLIX INC NFLX | $1.34B | 3.71% | 1,120,658 | -11,021 | -0.97% | 4.35% | 2015-12-31 | $1,199 | ~$202 | +492.75% | |
| 6 | MERCADOLIBRE INC MELI | $1.19B | 3.29% | 509,845 | -3,687 | -0.72% | 3.85% | 2013-06-30 | $2,337 | ~$1,028 | +127.44% | |
| 7 | SERVICENOW INC NOW | $1.15B | 3.16% | 1,246,277 | -162,056 | -11.51% | 4.16% | 2016-06-30 | $920 | ~$271 | +240.03% | |
| 8 | DOORDASH INC DASH | $1.09B | 3.02% | 4,023,291 | -768,890 | -16.04% | 3.39% | 2020-12-31 | $272 | ~$142 | +91.69% | |
| 9 | AXON ENTERPRISE INC AXON | $1.04B | 2.86% | 1,442,341 | -168,954 | -10.49% | 3.83% | 2023-03-31 | $718 | ~$214 | +235.82% | |
| 10 | SHOPIFY INC SHOP | $1.03B | 2.84% | 6,937,271 | -555,344 | -7.41% | 2.48% | 2017-03-31 | $149 | ~$63 | +136.10% | |
| 11 | SEA LTD SE | $872.8M | 2.41% | 4,883,167 | -794,838 | -14.00% | 2.61% | 2017-12-31 | $179 | ~$52 | +241.71% | |
| 12 | CLOUDFLARE INC NET | $817.2M | 2.25% | 3,808,319 | -1,120,555 | -22.73% | 2.77% | 2021-03-31 | $215 | ~$105 | +104.52% | |
| 13 | NU HLDGS LTD | $809.5M | 2.23% | 50,562,162 | -3,942,266 | -7.23% | 2.15% | 2021-12-31 | $16 | ~$7 | +117.87% | |
| 14 | ASML HOLDING N V | $512.3M | 1.41% | 529,164 | -1,398 | -0.26% | 1.22% | 2013-06-30 | $968 | ~$354 | +173.58% | |
| 15 | ROBLOX CORP RBLX | $481.6M | 1.33% | 3,476,488 | -110,055 | -3.07% | 1.08% | 2024-09-30 | $139 | ~$44 | +212.97% | |
| 16 | IRHYTHM TECHNOLOGIES INC IRTC | $384.6M | 1.06% | 2,236,110 | -679,417 | -23.30% | 1.29% | 2020-09-30 | $172 | ~$178 | -3.62% | |
| 17 | COUPANG INC CPNG | $355.0M | 0.98% | 11,024,177 | -975,544 | -8.13% | 1.03% | 2022-12-31 | $32 | ~$15 | +109.53% | |
| 18 | GALLAGHER ARTHUR J & CO AJG | $338.9M | 0.93% | 1,094,070 | -27,179 | -2.42% | 1.03% | 2025-03-31 | $310 | ~$335 | -7.53% | |
| 19 | DEXCOM INC DXCM | $332.0M | 0.92% | 4,934,189 | -5,013,755 | -50.40% | 2.49% | 2020-03-31 | $67 | ~$99 | -32.16% | |
| 20 | DATADOG INC DDOG | $269.8M | 0.74% | 1,894,680 | -877,335 | -31.65% | 1.07% | 2022-06-30 | $142 | ~$92 | +55.53% | |
| 21 | KASPI KZ JSC KSPI | $134.3M | 0.37% | 1,644,240 | -37,773 | -2.25% | 0.41% | 2024-03-31 | $82 | ~$120 | -31.86% | |
| 22 | ULTRAGENYX PHARMACEUTICAL IN RARE | $113.4M | 0.31% | 3,769,853 | -173,632 | -4.40% | 0.41% | 2023-06-30 | $30 | ~$44 | -32.13% | |
| 23 | VENTURE GLOBAL INC VG | $106.2M | 0.29% | 7,484,070 | -370,469 | -4.72% | 0.35% | 2025-03-31 | $14 | ~$10 | +37.77% | |
| 24 | AMPHENOL CORP NEW APH | $98.4M | 0.27% | 795,234 | -144,887 | -15.41% | 0.27% | 2025-03-31 | $124 | ~$66 | +88.12% | |
| 25 | FULL TRUCK ALLIANCE CO LTD YMM | $87.8M | 0.24% | 6,766,855 | -159,741 | -2.31% | 0.23% | 2024-12-31 | $13 | ~$11 | +15.71% | |
| 26 | GRAB HOLDINGS LIMITED | $75.2M | 0.21% | 12,490,985 | -6,266,839 | -33.41% | 0.27% | 2024-09-30 | $6 | ~$4 | +58.42% | |
| 27 | GLOBANT S A | $48.7M | 0.13% | 848,262 | -21,114 | -2.43% | 0.23% | 2020-03-31 | $57 | ~$153 | -62.56% | |
| 28 | LINDE PLC | $40.1M | 0.11% | 84,367 | -2,295 | -2.65% | 0.12% | 2023-12-31 | $475 | ~$441 | +7.60% | |
| 29 | KLAVIYO INC KVYO | $30.6M | 0.08% | 1,105,559 | -3,510 | -0.32% | 0.11% | 2023-09-30 | $28 | ~$30 | -9.00% | |
| 30 | MONDAY COM LTD | $22.5M | 0.06% | 116,213 | -378 | -0.32% | 0.11% | 2024-12-31 | $194 | ~$237 | -18.25% |