Asset Manager
← All Institutions
SANDS CAPITAL MANAGEMENT, LLC
SANDS CAPITAL MANAGEMENT, LLC 1000 WILSON BLVD, SUITE 3000, ARLINGTON, VA 22209 • 703-562-4000
Market Value
$26.9B
+5.7%
Holdings
80
+6
New Purchases
13
Added To
15
Closed
9
Reduced
42
Top 10 Concentration
47.6%
Turnover
27.5%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| BE | 3.29% | 0.95% | +2.34% | $886M |
| MU | 2.26% | 0.00% | +2.26% | $608M |
| STX | 2.58% | 0.82% | +1.77% | $696M |
| AMD | 1.45% | 0.00% | +1.45% | $391M |
| SPCX | 1.44% | 0.00% | +1.44% | $389M |
| SNDK | 1.29% | 0.00% | +1.29% | $348M |
| LRCX | 1.82% | 0.63% | +1.19% | $491M |
| SPHR | 0.87% | 0.00% | +0.87% | $235M |
| ARM | 0.85% | 0.00% | +0.85% | $228M |
| GOOGL | 6.49% | 5.78% | +0.71% | $1.7B |
| PWR | 2.01% | 1.35% | +0.66% | $540M |
| ASML | 3.94% | 3.32% | +0.63% | $1.1B |
| CRS | 1.80% | 1.27% | +0.53% | $485M |
| AXON | 3.08% | 2.61% | +0.48% | $830M |
| DDOG | 0.97% | 0.65% | +0.32% | $260M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| NFLX | 1.42% | 3.55% | -2.14% | $381M |
| NVDA | 10.45% | 12.38% | -1.93% | $2.8B |
| NU | 0.62% | 1.94% | -1.32% | $167M |
| AMZN | 4.30% | 5.49% | -1.19% | $1.2B |
| SHOP | 3.07% | 4.16% | -1.09% | $827M |
| ICE | 1.85% | 2.71% | -0.85% | $499M |
| META | 2.03% | 2.87% | -0.84% | $546M |
| MELI | 2.38% | 3.23% | -0.84% | $642M |
| TSM | 6.96% | 7.77% | -0.81% | $1.9B |
| FLTR.L | 0.00% | 0.80% | -0.80% | $0 |
| TTEK | 0.00% | 0.79% | -0.79% | $0 |
| DASH | 1.59% | 2.33% | -0.74% | $429M |
| RBLX | 0.00% | 0.61% | -0.61% | $0 |
| IOT | 1.37% | 1.95% | -0.58% | $368M |
| CVNA | 2.07% | 2.61% | -0.54% | $557M |
Sector Allocation Over Time
Industry Breakdown
| Industry | Weight |
|---|---|
| Technology | 43.9% |
| Communication Services | 18.2% |
| Consumer Cyclical | 15.0% |
| Industrials | 10.0% |
| Financial Services | 8.1% |
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Mega Cap | 26 | $14.0B | 52.1% |
| Large Cap | 44 | $12.3B | 45.7% |
| Mid Cap | 9 | $494M | 1.8% |
| Small Cap | 1 | $105M | 0.4% |
Portfolio Analytics
Avg Market Cap
$513.7B
Median Market Cap
$88.1B
Avg P/E
57.3
Median P/E
35.5
Avg Dividend Yield
0.00%
Avg Beta
1.37
# Stocks
79
# ETFs / Funds
1
Top Holdings (80 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA | 10.45% | 14,059,454 | $2.8B | $200.09 | -$341M | -4,026,288 | -22.3% | |
| 2 | TSM | 6.96% | 3,925,440 | $1.9B | $477.57 | -$107M | -1,937,245 | -33.0% | |
| 3 | GOOGL | 6.49% | 4,893,397 | $1.7B | $357.37 | $275M | -231,097 | -4.5% | |
| 4 | AMZN | 4.30% | 4,861,223 | $1.2B | $238.34 | -$241M | -1,857,832 | -27.6% | |
| 5 | ASML | 3.94% | 533,693 | $1.1B | $1,989.44 | $217M | -106,140 | -16.6% | |
| 6 | BE | 3.29% | 2,926,558 | $886M | $302.70 | $645M | +1,147,520 | +64.5% | |
| 7 | AXON | 3.08% | 1,480,817 | $830M | $560.61 | $166M | -83,687 | -5.3% | |
| 8 | SHOP | 3.07% | 7,242,079 | $827M | $114.18 | -$233M | -1,693,587 | -18.9% | |
| 9 | V | 3.03% | 2,377,099 | $816M | $343.09 | -$22M | -393,332 | -14.2% | |
| 10 | SPOT | 3.00% | 1,761,206 | $809M | $459.13 | -$61M | -33,020 | -1.8% | |
| 11 | NET | 2.95% | 3,239,504 | $795M | $245.28 | $39M | -422,245 | -11.5% | |
| 12 | STX | 2.58% | 720,741 | $696M | $965.00 | $487M | +188,849 | +35.5% | |
| 13 | MELI | 2.38% | 378,208 | $642M | $1,697.39 | -$180M | -97,247 | -20.4% | |
| 14 | MU | 2.26% | 526,810 | $608M | $1,154.29 | — | +526,810 | — | NEW |
| 15 | CVNA | 2.07% | 8,462,945 | $557M | $65.82 | -$109M | +6,345,697 | +299.7% | |
| 16 | META | 2.03% | 969,879 | $546M | $563.29 | -$186M | -309,242 | -24.2% | |
| 17 | PWR | 2.01% | 750,479 | $540M | $720.04 | $196M | +124,131 | +19.8% | |
| 18 | ICE | 1.85% | 4,055,771 | $499M | $123.11 | -$190M | -328,527 | -7.5% | |
| 19 | ISRG | 1.85% | 1,252,424 | $498M | $397.68 | -$111M | -68,850 | -5.2% | |
| 20 | LRCX | 1.82% | 1,133,965 | $491M | $433.33 | $330M | +378,743 | +50.1% | |
| 21 | MSFT | 1.81% | 1,309,230 | $488M | $373.02 | -$78M | -220,894 | -14.4% | |
| 22 | CRS | 1.80% | 786,150 | $485M | $616.84 | $160M | -37,127 | -4.5% | |
| 23 | DASH | 1.59% | 2,325,795 | $429M | $184.53 | -$165M | -1,631,265 | -41.2% | |
| 24 | APP | 1.59% | 831,697 | $429M | $515.23 | $42M | -139,864 | -14.4% | |
| 25 | SQ | 1.59% | 5,632,505 | $428M | $76.00 | $96M | +121,670 | +2.2% | |
| 26 | AVGO | 1.58% | 1,126,912 | $426M | $377.75 | -$9M | -275,923 | -19.7% | |
| 27 | AMD | 1.45% | 672,555 | $391M | $580.91 | — | +672,555 | — | NEW |
| 28 | SPCX | 1.44% | 2,276,744 | $389M | $170.86 | — | +2,276,744 | — | NEW |
| 29 | NFLX | 1.42% | 5,336,614 | $381M | $71.40 | -$524M | -4,078,054 | -43.3% | |
| 30 | IOT | 1.37% | 11,348,732 | $368M | $32.43 | -$128M | -4,309,012 | -27.5% | |
| 31 | SNDK | 1.29% | 153,093 | $348M | $2,273.73 | — | +153,093 | — | NEW |
| 32 | CSL | 1.08% | 799,872 | $290M | $362.75 | -$17M | -119,742 | -13.0% | |
| 33 | SE | 1.07% | 2,998,337 | $287M | $95.83 | -$104M | -1,730,213 | -36.6% | |
| 34 | ARGX | 1.03% | 298,599 | $277M | $927.77 | $29M | -41,686 | -12.2% | |
| 35 | ONON | 0.98% | 7,485,043 | $265M | $35.42 | $50M | +1,159,496 | +18.3% | |
| 36 | DDOG | 0.97% | 999,799 | $260M | $260.36 | $94M | -406,567 | -28.9% | |
| 37 | SPHR | 0.87% | 1,358,321 | $235M | $173.03 | — | +1,358,321 | — | NEW |
| 38 | ARM | 0.85% | 642,829 | $228M | $354.57 | — | +642,829 | — | NEW |
| 39 | BLDR | 0.76% | 2,283,236 | $204M | $89.48 | -$11M | -337,849 | -12.9% | |
| 40 | NU | 0.62% | 12,475,806 | $167M | $13.36 | -$327M | -21,866,415 | -63.7% | |
| 41 | FWONK | 0.53% | 1,509,193 | $144M | $95.14 | $11M | -50,567 | -3.2% | |
| 42 | MCK | 0.51% | 183,535 | $139M | $755.60 | -$36M | -17,748 | -8.8% | |
| 43 | APH | 0.50% | 763,951 | $135M | $176.32 | $33M | -41,651 | -5.2% | |
| 44 | KSPI | 0.49% | 1,531,017 | $133M | $86.64 | $15M | -55,317 | -3.5% | |
| 45 | CPNG | 0.49% | 7,559,132 | $131M | $17.37 | -$42M | -1,613,055 | -17.6% | |
| 46 | TDG | 0.44% | 89,669 | $119M | $1,332.04 | $10M | -4,672 | -5.0% | |
| 47 | RARE | 0.39% | 3,158,368 | $105M | $33.39 | $38M | -56,165 | -1.8% | |
| 48 | RACE | 0.39% | 280,101 | $104M | $372.29 | $7M | -7,608 | -2.6% | |
| 49 | WCN | 0.38% | 609,721 | $102M | $166.69 | -$1M | -25,182 | -4.0% | |
| 50 | WWD | 0.24% | 153,660 | $65M | $425.44 | — | +153,660 | — | NEW |
| 51 | GRAB | 0.23% | 16,385,578 | $62M | $3.77 | $28M | +7,263,146 | +79.6% | |
| 52 | LLY | 0.20% | 45,332 | $54M | $1,199.43 | $24M | +12,445 | +37.8% | |
| 53 | YMM | 0.13% | 4,294,886 | $35M | $8.12 | -$6M | -675,893 | -13.6% | |
| 54 | LIN | 0.11% | 54,778 | $28M | $518.94 | $1M | +185 | +0.3% | |
| 55 | HDB | 0.08% | 865,858 | $22M | $25.83 | -$217K | -41,794 | -4.6% | |
| 56 | AAPL | 0.05% | 45,598 | $13M | $289.36 | $12M | +42,379 | +1316.5% | |
| 57 | PANW | 0.04% | 31,312 | $11M | $341.02 | -$15M | -129,766 | -80.6% | |
| 58 | STVN | 0.04% | 524,481 | $9M | $18.07 | $3M | +27,171 | +5.5% | |
| 59 | CRWD | 0.03% | 10,020 | $8M | $763.14 | — | +10,020 | — | NEW |
| 60 | INTC | 0.02% | 39,132 | $5M | $139.63 | — | +39,132 | — | NEW |
| 61 | HOOD | 0.02% | 53,032 | $5M | $100.28 | $5M | +49,286 | +1315.7% | |
| 62 | TTMI | 0.02% | 23,625 | $4M | $187.02 | — | +23,625 | — | NEW |
| 63 | GTLB | 0.01% | 127,475 | $4M | $30.53 | $1M | — | — | |
| 64 | AVAV | 0.01% | 18,993 | $3M | $165.07 | $3M | +17,651 | +1315.3% | |
| 65 | KVYO | 0.01% | 198,806 | $3M | $15.10 | -$9M | -396,354 | -66.6% | |
| 66 | IWF | 0.01% | 22,200 | $3M | $124.17 | — | +22,200 | — | NEW |
| 67 | LITE | 0.01% | 2,961 | $3M | $858.06 | $2M | +2,649 | +849.0% | |
| 68 | CBRS | 0.01% | 11,419 | $3M | $221.00 | — | +11,419 | — | NEW |
| 69 | PLTR | 0.01% | 17,944 | $2M | $116.67 | -$1M | -4,975 | -21.7% | |
| 70 | BABA | —% | 6,950 | $667K | $95.98 | -$311K | -843 | -10.8% | |
| 71 | TBBB | —% | 6,281 | $262K | $41.67 | — | +6,281 | — | NEW |
| 72 | TEAM | —% | — | — | — | -$975K | -14,281 | -100.0% | SOLD |
| 73 | TTEK | —% | — | — | — | -$201M | -6,658,823 | -100.0% | SOLD |
| 74 | NOW | —% | — | — | — | -$3M | -31,521 | -100.0% | SOLD |
| 75 | FLTR.L | —% | — | — | — | -$203M | -1,988,830 | -100.0% | SOLD |
| 76 | ANET | —% | — | — | — | -$331K | -2,698 | -100.0% | SOLD |
| 77 | BSX | —% | — | — | — | -$46M | -736,109 | -100.0% | SOLD |
| 78 | SNOW | —% | — | — | — | -$630K | -4,178 | -100.0% | SOLD |
| 79 | FIG | —% | — | — | — | -$4M | -187,577 | -100.0% | SOLD |
| 80 | RBLX | —% | — | — | — | -$154M | -2,726,701 | -100.0% | SOLD |