Sands Capital Management
APP icon

Sands Capital Management’s Applovin APP Stock Holding History

Sands Capital Management’s Portfolio APP Stock Details APP Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$429M Sell
831,697
-139,864
-14% -$67.5M 1.59% 24
2026
Q1 		$387M Sell
971,561
-491,790
-34% -$238M 1.52% 23
2025
Q4 		$986M Buy
1,463,351
+446,392
+44% +$281M 3% 11
2025
Q3 		$731M Buy
1,016,959
+199,613
+24% +$92M 2.02% 21
2025
Q2 		$286M Sell
817,346
-1,240,847
-60% -$402M 0.82% 33
2025
Q1 		$545M Buy
2,058,193
+1,231,799
+149% +$424M 1.86% 19
2024
Q4 		$268M Buy
+826,394
New +$209M 0.79% 32

Other funds holding APP

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Sands Capital Management's APP Position: Q2 2026 in Review

Sands Capital Management reduced its Applovin (APP) stake by 14% in Q2 2026, selling an estimated $67.5M and leaving 831,697 shares worth $429M. The position accounts for 1.59% of the portfolio, ranked #24.

Sands Capital Management first reported a position in APP in Q4 2024 and has held it in 7 quarters since. The position peaked at $986M in Q4 2025. 1,457 funds tracked by Wall St. Rank hold APP as of Q2 2026.

  • Sands Capital Management held 831,697 shares of Applovin worth $429M as of Q2 2026.
  • Sands Capital Management sold 139,864 Applovin shares in Q2 2026, an estimated $67.5M.
  • Applovin made up 1.59% of Sands Capital Management's portfolio in Q2 2026, its #24 holding.
  • Sands Capital Management first reported a position in Applovin in Q4 2024 and has held it in 7 quarters since.
  • Sands Capital Management's Applovin position peaked at $986M in Q4 2025.
  • 1,457 funds tracked by Wall St. Rank held Applovin as of Q2 2026.

Based on Sands Capital Management's 13F filing for Q2 2026, filed 13 Aug 2026.