Sands Capital Management’s PagSeguro Digital PAGS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-5,532,915	Closed	-$48.4M	–	68
2022 Q4	$48.4M	Sell	5,532,915 -457,629	-8%	-$5.38M	0.18%	57
2022 Q3	$79.3M	Sell	5,990,544 -247,446	-4%	-$3.3M	0.3%	53
2022 Q2	$63.9M	Sell	6,237,990 -159,437	-2%	-$2.28M	0.22%	57
2022 Q1	$128M	Sell	6,397,427 -66,493	-1%	-$1.24M	0.29%	46
2021 Q4	$169M	Buy	6,463,920 +76,938	+1%	+$2.5M	0.31%	45
2021 Q3	$330M	Buy	6,386,982 +210,020	+3%	+$11.8M	0.55%	42
2021 Q2	$345M	Buy	6,176,962 +130,493	+2%	+$6.28M	0.59%	45
2021 Q1	$280M	Buy	6,046,469 +720,242	+14%	+$38.6M	0.54%	45
2020 Q4	$303M	Buy	5,326,227 +380,824	+8%	+$17.1M	0.58%	47
2020 Q3	$186M	Buy	4,945,403 +1,157,899	+31%	+$45M	0.4%	49
2020 Q2	$134M	Buy	3,787,504 +538,562	+17%	+$15.2M	0.32%	49
2020 Q1	$62.8M	Buy	3,248,942 +859,623	+36%	+$26.1M	0.21%	52
2019 Q4	$81.6M	Buy	2,389,319 +723,682	+43%	+$26M	0.24%	48
2019 Q3	$77.1M	Buy	1,665,637 +513,455	+45%	+$23.8M	0.25%	51
2019 Q2	$44.9M	Buy	+1,152,182	New	+$35.7M	0.13%	54