SANDS CAPITAL MANAGEMENT, LLC portfolio
Managed by . 67 reported positions worth $25.5B as of 2026-03-31, filed with the SEC on 2026-05-08. Parsed from the filing itself, not a reseller.
Every position on this page is a snapshot of 2026-03-31. It was already 38 days old on 2026-05-08, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| BE | BLOOM ENERGY CORP | $241.0M | 1,779,038 | 0.95% |
| STX | SEAGATE TECHNOLOGY HLDNGS PL | $208.4M | 531,892 | 0.82% |
| LRCX | LAM RESEARCH CORP | $161.4M | 755,222 | 0.63% |
| LLY | ELI LILLY & CO | $30.2M | 32,887 | 0.12% |
| AAPL | APPLE INC | $816,950 | 3,219 | 0.00% |
| ANET | ARISTA NETWORKS INC | $331,260 | 2,698 | 0.00% |
| HOOD | ROBINHOOD MKTS INC | $259,598 | 3,746 | 0.00% |
| AVAV | AEROVIRONMENT INC | $245,653 | 1,342 | 0.00% |
| LITE | LUMENTUM HLDGS INC | $219,261 | 312 | 0.00% |
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| IRTC | IRHYTHM TECHNOLOGIES INC | $301.6M | 1,699,645 | 0.00% |
| ROP | ROPER TECHNOLOGIES INC | $127.9M | 287,318 | 0.00% |
| SAP | SAP SE | $95.7M | 394,117 | 0.00% |
| CDNS | CADENCE DESIGN SYSTEM INC | $78.8M | 252,008 | 0.00% |
| AJG | GALLAGHER ARTHUR J & CO | $63.2M | 244,255 | 0.00% |
| GLOB | GLOBANT S A | $50.4M | 770,560 | 0.00% |
| DUOL | DUOLINGO INC | $7.0M | 39,975 | 0.00% |
| IWF | ISHARES TR | $3.9M | 8,215 | 0.00% |
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| GOOGL | ALPHABET INC | $1.5B | 5,124,494 | 5.78% | +4% |
| SPOT | SPOTIFY TECHNOLOGY S A | $870.0M | 1,794,226 | 3.41% | +22% |
| META | META PLATFORMS INC | $731.8M | 1,279,121 | 2.87% | +2% |
| PWR | QUANTA SVCS INC | $343.9M | 626,348 | 1.35% | +9% |
| CRS | CARPENTER TECHNOLOGY CORP | $324.5M | 823,277 | 1.27% | +32% |
| MCK | MCKESSON CORP | $174.2M | 201,283 | 0.68% | +16% |
| PLTR | PALANTIR TECHNOLOGIES INC | $3.4M | 22,919 | 0.01% | +16% |
| BABA | ALIBABA GROUP HLDG LTD | $977,710 | 7,793 | 0.00% | +4% |
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| NOW | SERVICENOW INC | $3.3M | 31,521 | 0.01% | -99% |
| TEAM | ATLASSIAN CORPORATION | $974,678 | 14,281 | 0.00% | -90% |
| HDB | HDFC BANK LTD | $22.6M | 907,652 | 0.09% | -85% |
| SNOW | SNOWFLAKE INC | $630,126 | 4,178 | 0.00% | -65% |
| MSFT | MICROSOFT CORP | $566.4M | 1,530,124 | 2.22% | -38% |
| KVYO | KLAVIYO INC | $11.6M | 595,160 | 0.05% | -36% |
| WCN | WASTE CONNECTIONS INC | $103.1M | 634,903 | 0.40% | -34% |
| AVGO | BROADCOM INC | $434.2M | 1,402,835 | 1.70% | -34% |
| APP | APPLOVIN CORP | $386.7M | 971,561 | 1.52% | -34% |
| FWONK | LIBERTY MEDIA CORP DEL | $132.6M | 1,559,760 | 0.52% | -25% |
| NU | NU HLDGS LTD | $493.5M | 34,342,221 | 1.94% | -23% |
| ICE | INTERCONTINENTAL EXCHANGE IN | $689.6M | 4,384,298 | 2.71% | -20% |
| GRAB | GRAB HOLDINGS LIMITED | $33.4M | 9,122,432 | 0.13% | -19% |
| YMM | FULL TRUCK ALLIANCE CO LTD | $41.3M | 4,970,779 | 0.16% | -19% |
| KSPI | KASPI KZ JSC | $117.5M | 1,586,334 | 0.46% | -19% |
All reported holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPORATION | $3.2B | 18,085,742 | 12.38% | — |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | $2.0B | 5,862,685 | 7.77% | — |
| GOOGL | ALPHABET INC | $1.5B | 5,124,494 | 5.78% | — |
| AMZN | AMAZON COM INC | $1.4B | 6,719,055 | 5.49% | — |
| SHOP | SHOPIFY INC | $1.1B | 8,935,666 | 4.16% | — |
| NFLX | NETFLIX INC. | $905.2M | 9,414,668 | 3.55% | — |
| SPOT | SPOTIFY TECHNOLOGY S A | $870.0M | 1,794,226 | 3.41% | — |
| ASML | ASML HLDG NV | $845.1M | 639,833 | 3.32% | — |
| V | VISA INC | $837.3M | 2,770,431 | 3.29% | — |
| MELI | MERCADOLIBRE INC | $822.1M | 475,455 | 3.23% | — |
| NET | CLOUDFLARE INC | $755.6M | 3,661,749 | 2.96% | — |
| META | META PLATFORMS INC | $731.8M | 1,279,121 | 2.87% | — |
| ICE | INTERCONTINENTAL EXCHANGE IN | $689.6M | 4,384,298 | 2.71% | — |
| CVNA | CARVANA CO | $665.6M | 2,117,248 | 2.61% | — |
| AXON | AXON ENTERPRISE INC | $664.4M | 1,564,504 | 2.61% | — |
| ISRG | INTUITIVE SURGICAL INC | $609.1M | 1,321,274 | 2.39% | — |
| DASH | DOORDASH INC | $594.2M | 3,957,060 | 2.33% | — |
| MSFT | MICROSOFT CORP | $566.4M | 1,530,124 | 2.22% | — |
| IOT | SAMSARA INC | $496.2M | 15,657,744 | 1.95% | — |
| NU | NU HLDGS LTD | $493.5M | 34,342,221 | 1.94% | — |
| AVGO | BROADCOM INC | $434.2M | 1,402,835 | 1.70% | — |
| SE | SEA LTD | $391.6M | 4,728,550 | 1.54% | — |
| APP | APPLOVIN CORP | $386.7M | 971,561 | 1.52% | — |
| PWR | QUANTA SVCS INC | $343.9M | 626,348 | 1.35% | — |
| XYZ | BLOCK INC | $331.6M | 5,510,835 | 1.30% | — |
| CRS | CARPENTER TECHNOLOGY CORP | $324.5M | 823,277 | 1.27% | — |
| CSL | CARLISLE COS INC | $306.8M | 919,614 | 1.20% | — |
| ARGX | ARGENX SE | $248.5M | 340,285 | 0.97% | — |
| BE | BLOOM ENERGY CORP | $241.0M | 1,779,038 | 0.95% | — |
| BLDR | BUILDERS FIRSTSOURCE INC | $215.8M | 2,621,085 | 0.85% | — |
| ONON | ON HLDG AG | $215.2M | 6,325,547 | 0.84% | — |
| STX | SEAGATE TECHNOLOGY HLDNGS PL | $208.4M | 531,892 | 0.82% | — |
| FLUT | FLUTTER ENTMT PLC | $202.8M | 1,988,830 | 0.80% | — |
| TTEK | TETRA TECH INC NEW | $200.6M | 6,658,823 | 0.79% | — |
| MCK | MCKESSON CORP | $174.2M | 201,283 | 0.68% | — |
| CPNG | COUPANG INC | $173.2M | 9,172,187 | 0.68% | — |
| DDOG | DATADOG INC | $166.0M | 1,406,366 | 0.65% | — |
| LRCX | LAM RESEARCH CORP | $161.4M | 755,222 | 0.63% | — |
| RBLX | ROBLOX CORP | $154.2M | 2,726,701 | 0.61% | — |
| FWONK | LIBERTY MEDIA CORP DEL | $132.6M | 1,559,760 | 0.52% | — |
| KSPI | KASPI KZ JSC | $117.5M | 1,586,334 | 0.46% | — |
| TDG | TRANSDIGM GROUP INC | $109.3M | 94,341 | 0.43% | — |
| WCN | WASTE CONNECTIONS INC | $103.1M | 634,903 | 0.40% | — |
| APH | AMPHENOL CORP | $101.8M | 805,602 | 0.40% | — |
| RACE | FERRARI N V | $97.4M | 287,709 | 0.38% | — |
| RARE | ULTRAGENYX PHARMACEUTICAL IN | $67.3M | 3,214,533 | 0.26% | — |
| BSX | BOSTON SCIENTIFIC CORP | $46.2M | 736,109 | 0.18% | — |
| YMM | FULL TRUCK ALLIANCE CO LTD | $41.3M | 4,970,779 | 0.16% | — |
| GRAB | GRAB HOLDINGS LIMITED | $33.4M | 9,122,432 | 0.13% | — |
| LLY | ELI LILLY & CO | $30.2M | 32,887 | 0.12% | — |
| LIN | LINDE PLC | $27.1M | 54,593 | 0.11% | — |
| PANW | PALO ALTO NETWORKS INC | $25.8M | 161,078 | 0.10% | — |
| HDB | HDFC BANK LTD | $22.6M | 907,652 | 0.09% | — |
| KVYO | KLAVIYO INC | $11.6M | 595,160 | 0.05% | — |
| STEVANATO GROUP S P A | STEVANATO GROUP S P A | $6.8M | 497,310 | 0.03% | — |
| FIG | FIGMA INC | $4.0M | 187,577 | 0.02% | — |
| PLTR | PALANTIR TECHNOLOGIES INC | $3.4M | 22,919 | 0.01% | — |
| NOW | SERVICENOW INC | $3.3M | 31,521 | 0.01% | — |
| GTLB | GITLAB INC | $2.8M | 127,475 | 0.01% | — |
| BABA | ALIBABA GROUP HLDG LTD | $977,710 | 7,793 | 0.00% | — |
| TEAM | ATLASSIAN CORPORATION | $974,678 | 14,281 | 0.00% | — |
| AAPL | APPLE INC | $816,950 | 3,219 | 0.00% | — |
| SNOW | SNOWFLAKE INC | $630,126 | 4,178 | 0.00% | — |
| ANET | ARISTA NETWORKS INC | $331,260 | 2,698 | 0.00% | — |
| HOOD | ROBINHOOD MKTS INC | $259,598 | 3,746 | 0.00% | — |
| AVAV | AEROVIRONMENT INC | $245,653 | 1,342 | 0.00% | — |
| LITE | LUMENTUM HLDGS INC | $219,261 | 312 | 0.00% | — |
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
This page was built from one document: the 2026-03-31 Form 13F info table filed by SANDS CAPITAL MANAGEMENT, LLC (CIK 1020066, accession 0001020066-26-000015). Every other 13F site is reading the same file.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test
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