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Sands Capital Management

Sands Capital Management Portfolio holdings

AUM $26.9B
1-Year Est. Return 34.44%
This Fund
S&P 500
This Quarter Est. Return
+22.66%
1 Year Est. Return
+34.44%
3 Year Est. Return
+179.01%
5 Year Est. Return
+146.44%
10 Year Est. Return
+1,235.63%
AUM
$32.9B
AUM Growth
+$3.52B
Cap. Flow
-$2.29B
Cap. Flow %
-6.95%
Top 10 Hldgs %
44.81%
Holding
76
New
1
Increased
32
Reduced
35
Closed
2

Top Buys

Rank Stock Value
1
NU icon
Nu Holdings
NU
+$331M
2
OKTA icon
Okta
OKTA
+$190M
3
DXCM icon
DexCom
DXCM
+$143M
4
EW icon
Edwards Lifesciences
EW
+$109M
5
SNOW icon
Snowflake
SNOW
+$103M

Top Sells

Rank Stock Value
1
APTV icon
Aptiv
APTV
+$363M
2
SE icon
Sea Limited
SE
+$358M
3
V icon
Visa
V
+$324M
4
NVDA icon
NVIDIA
NVDA
+$259M
5
NFLX icon
Netflix
NFLX
+$251M

Sector Composition

Rank Sector Weight
1 Technology 48.17%
2 Consumer Discretionary 17.76%
3 Healthcare 12.26%
4 Financials 8.89%
5 Communication Services 8.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ZTS icon
51
Zoetis
ZTS
$30.4B
$88.2M 0.27%
446,702
+23,796
+6% +$4.21M
UNH icon
52
UnitedHealth
UNH
$344B
$81.1M 0.25%
153,973
+8,841
+6% +$4.72M
RACE icon
53
Ferrari
RACE
$71.9B
$74.7M 0.23%
220,795
+132,851
+151% +$44.4M
ICE icon
54
Intercontinental Exchange
ICE
$88.6B
$74.5M 0.23%
579,820
+30,194
+5% +$3.42M
IOT icon
55
Samsara
IOT
$25.1B
$52.7M 0.16%
1,579,876
+69,171
+5% +$1.92M
STVN icon
56
Stevanato
STVN
$5.82B
$51.4M 0.16%
1,884,330
+29,450
+2% +$849K
SITE icon
57
SiteOne Landscape Supply
SITE
$3.9B
$50.5M 0.15%
310,771
+16,219
+6% +$2.36M
KVYO icon
58
Klaviyo
KVYO
$4.95B
$18.4M 0.06%
663,303
+24,329
+4% +$720K
IWF icon
59
iShares Russell 1000 Growth ETF
IWF
$124B
$17.8M 0.05%
234,352
+232,532
+12,776% +$16.4M
INDA icon
60
iShares MSCI India ETF
INDA
$6.57B
$11.1M 0.03%
226,495
+8,680
+4% +$395K
GTLB icon
61
GitLab
GTLB
$8.21B
$6.39M 0.02%
101,426
+13,394
+15% +$677K
PATH icon
62
UiPath
PATH
$7.64B
$1.11M ﹤0.01%
44,642
– –
TECH icon
63
Bio-Techne
TECH
$11.3B
$969K ﹤0.01%
12,554
+3,024
+32% +$199K
CDNS icon
64
Cadence Design Systems
CDNS
$76.9B
$874K ﹤0.01%
3,208
+772
+32% +$199K
APTV icon
65
Aptiv
APTV
$9.3B
$765K ﹤0.01%
8,527
-4,217,206
-100% -$363M
INTU icon
66
Intuit
INTU
$90.6B
$122K ﹤0.01%
195
– –
BILL icon
67
BILL Holdings
BILL
$4.24B
$102K ﹤0.01%
1,255
– –
ADBE icon
68
Adobe
ADBE
$106B
$95.5K ﹤0.01%
160
– –
ICLR icon
69
Icon
ICLR
$13B
$56.9K ﹤0.01%
201
-54
-21% -$14K
WCN
70
Waste Connections
WCN
$40.5B
$56.4K ﹤0.01%
378
+164
+77% +$22.5K
LIN icon
71
Linde
LIN
$214B
$40.7K ﹤0.01%
+99
New +$39K
CP icon
72
Canadian Pacific Kansas City
CP
$78.9B
$31.9K ﹤0.01%
404
-9
-2% -$659
COUR icon
73
Coursera
COUR
$1.43B
$24.9K ﹤0.01%
1,285
– –
ILMN icon
74
Illumina
ILMN
$31.4B
$14.3K ﹤0.01%
106
– –
CHGG icon
75
Chegg
CHGG
$84.7M
– –
-4,782,211
Closed -$42.7M
1 2
3
4

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RCMU
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SC
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NIM
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RG
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Los Angeles Capital Management
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MCM
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Sands Capital Management's Q4 2023 Portfolio in Review

As of Q4 2023, Sands Capital Management held 76 positions worth $32.9B, up 12% from $29.4B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Sands Capital Management withdrew a net $2.29B in Q4 2023, closing 2 positions and reducing 35 holdings. Its most notable exit was Chegg, an estimated $42.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 48% of assets, up from 45% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Sands Capital Management opened a new position in Linde worth $40.7K.

  • Sands Capital Management's largest Q4 2023 buy was Linde: 99 shares worth $40.7K.
  • Sands Capital Management added most to Nu Holdings in Q4 2023, an estimated $331M increase.
  • Sands Capital Management's biggest Q4 2023 reduction was Aptiv, cutting an estimated $363M.
  • Sands Capital Management fully exited Chegg in Q4 2023, selling an estimated $42.7M.
  • Sands Capital Management's ten largest holdings make up 45% of its $32.9B portfolio in Q4 2023.
  • Sands Capital Management opened 1 new position and closed 2 in Q4 2023.
  • Sands Capital Management's portfolio value rose 12% quarter-over-quarter to $32.9B.

Based on Sands Capital Management's 13F filing for Q4 2023, filed 13 Feb 2024.