Sands Capital Management
NU icon

Sands Capital Management’s Nu Holdings NU Stock Holding History

Sands Capital Management’s Portfolio NU Stock Details NU Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$167M Sell
12,475,806
-21,866,415
-64% -$295M 0.62% 40
2026
Q1 		$493M Sell
34,342,221
-10,081,674
-23% -$163M 1.94% 20
2025
Q4 		$744M Sell
44,423,895
-6,138,267
-12% -$98.6M 2.26% 18
2025
Q3 		$810M Sell
50,562,162
-3,942,266
-7% -$55M 2.23% 19
2025
Q2 		$748M Buy
54,504,428
+3,060,463
+6% +$36.6M 2.15% 19
2025
Q1 		$527M Sell
51,443,965
-6,545,320
-11% -$77.4M 1.79% 20
2024
Q4 		$601M Sell
57,989,285
-5,817,516
-9% -$77.4M 1.78% 23
2024
Q3 		$871M Sell
63,806,801
-15,534,278
-20% -$209M 2.64% 11
2024
Q2 		$1.02B Sell
79,341,079
-9,223,965
-10% -$107M 3.01% 10
2024
Q1 		$1.06B Buy
88,565,044
+3,344,383
+4% +$34.2M 2.96% 11
2023
Q4 		$710M Buy
85,220,661
+40,992,413
+93% +$331M 2.16% 18
2023
Q3 		$321M Buy
44,228,248
+2,274,819
+5% +$17M 1.09% 31
2023
Q2 		$331M Sell
41,953,429
-107,627
-0.3% -$661K 1.03% 32
2023
Q1 		$200M Buy
42,061,056
+223,787
+0.5% +$997K 0.66% 40
2022
Q4 		$170M Sell
41,837,269
-2,351,773
-5% -$10.2M 0.64% 39
2022
Q3 		$194M Buy
44,189,042
+23,176,303
+110% +$106M 0.73% 37
2022
Q2 		$78.6M Buy
21,012,739
+5,838,805
+38% +$29.6M 0.27% 53
2022
Q1 		$117M Buy
15,173,934
+116,093
+0.8% +$932K 0.27% 50
2021
Q4 		$141M Buy
+15,057,841
New +$148M 0.26% 50

Other funds holding NU

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
WCM Investment Management
WCM Investment Management Laguna Beach, California $55.2B AUM 57.07% 1-Year Est. Return
LPC
Lone Pine Capital Greenwich, Connecticut $16.4B AUM 99.7% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $1T AUM

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

Sands Capital Management reduced its Nu Holdings (NU) stake by 64% in Q2 2026, selling an estimated $295M and leaving 12,475,806 shares worth $167M. The position accounts for 0.62% of the portfolio, ranked #40.

Sands Capital Management first reported a position in NU in Q4 2021 and has held it in 19 quarters since. The position peaked at $1.06B in Q1 2024. 855 funds tracked by Wall St. Rank hold NU as of Q2 2026.

  • Sands Capital Management held 12,475,806 shares of Nu Holdings worth $167M as of Q2 2026.
  • Sands Capital Management sold 21,866,415 Nu Holdings shares in Q2 2026, an estimated $295M.
  • Nu Holdings made up 0.62% of Sands Capital Management's portfolio in Q2 2026, its #40 holding.
  • Sands Capital Management first reported a position in Nu Holdings in Q4 2021 and has held it in 19 quarters since.
  • Sands Capital Management's Nu Holdings position peaked at $1.06B in Q1 2024.
  • 855 funds tracked by Wall St. Rank held Nu Holdings as of Q2 2026.

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