We are live on ! Find out more
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
+38.05%
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
$26.9B
AUM Growth
+$1.44B
Cap. Flow
-$3.32B
Cap. Flow %
-12.32%
Top 10 Hldgs %
47.62%
Holding
80
New
13
Increased
14
Reduced
43
Closed
9

Top Buys

Rank Stock Value
1
MU icon
Micron Technology
MU
+$395M
2
SPCX
SpaceX
SPCX
+$387M
3
BE icon
Bloom Energy
BE
+$294M
4
AMD icon
Advanced Micro Devices
AMD
+$276M
5
SNDK
Sandisk
SNDK
+$219M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$828M
2
TSM icon
TSMC
TSM
+$786M
3
AMZN icon
Amazon
AMZN
+$466M
4
NFLX icon
Netflix
NFLX
+$359M
5
NU icon
Nu Holdings
NU
+$295M

Sector Composition

Rank Sector Weight
1 Technology 46.5%
2 Communication Services 15.94%
3 Industrials 14.54%
4 Consumer Discretionary 13.28%
5 Financials 5.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SNOW icon
76
Snowflake
SNOW
$117B
– –
-4,178
Closed -$630K
TEAM icon
77
Atlassian
TEAM
$48.8B
– –
-14,281
Closed -$975K
TTEK icon
78
Tetra Tech
TTEK
$9.4B
– –
-6,658,823
Closed -$201M
FLUT icon
79
Flutter Entertainment
FLUT
$17.5B
– –
-1,988,830
Closed -$203M
FIG
80
Figma
FIG
$12.7B
– –
-187,577
Closed -$3.97M
1 2 3
4

Similar funds

LP
LMR Partners London, United Kingdom $26.8B AUM 68.38% 1-Year Est. Return
RCMU
Rokos Capital Management (UK) London, United Kingdom $26.8B AUM 90.85% 1-Year Est. Return
SC
Scotia Capital Toronto, Ontario, Canada $26.8B AUM 33.07% 1-Year Est. Return
NIM
NEOS Investment Management Westport, Connecticut $27.1B AUM 57.21% 1-Year Est. Return
RG
Rathbones Group Liverpool, United Kingdom $27.1B AUM 20.2% 1-Year Est. Return
SO
STRS Ohio Columbus, Ohio $26.7B AUM 43.32% 1-Year Est. Return
Los Angeles Capital Management
Los Angeles Capital Management Los Angeles, California $27.2B AUM 43.16% 1-Year Est. Return
MCM
MAI Capital Management Independence, Ohio $26.6B AUM 22.97% 1-Year Est. Return

Sands Capital Management's Q2 2026 Portfolio in Review

As of Q2 2026, Sands Capital Management held 80 positions worth $26.9B, up 5.7% from $25.5B the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Sands Capital Management withdrew a net $3.32B in Q2 2026, closing 9 positions and reducing 43 holdings. Its most notable exit was Flutter Entertainment, an estimated $203M position sold in full.

By sector, the portfolio is most concentrated in Technology at 47% of assets, up from 41% a quarter earlier, followed by Communication Services and Industrials.

Against the trend, Sands Capital Management opened a new position in Micron Technology worth $608M.

  • Sands Capital Management's largest Q2 2026 buy was Micron Technology: 526,810 shares worth $608M.
  • Sands Capital Management added most to Bloom Energy in Q2 2026, an estimated $294M increase.
  • Sands Capital Management's biggest Q2 2026 reduction was NVIDIA, cutting an estimated $828M.
  • Sands Capital Management fully exited Flutter Entertainment in Q2 2026, selling an estimated $203M.
  • Sands Capital Management's ten largest holdings make up 48% of its $26.9B portfolio in Q2 2026.
  • Sands Capital Management opened 13 new positions and closed 9 in Q2 2026.
  • Sands Capital Management's portfolio value rose 5.7% quarter-over-quarter to $26.9B.

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