Sands Capital – Sands Capital Management LLC

Period:
Q1 2026
Portfolio date:
Mar 31, 2026
No. of stocks:
67
Portfolio value:
$25,486,826,000
Filed:
May 8, 2026
Style:
Concentrated Large-Cap Growth
HistStockActivityShare change% change to portfolio
Q1 2026filed May 8, 269 new5 added36 reduced8 exited
BEBLOOM ENERGY CORPBuy1,779,0380.95
STXSEAGATE TECHNOLOGY HLDNGS PLBuy531,8920.82
SPOTSPOTIFY TECHNOLOGY S AAdd 22.00%324,3780.82
CRSCARPENTER TECHNOLOGY CORPAdd 32.00%201,5930.68
LRCXLAM RESEARCH CORPBuy755,2220.63
PWRQUANTA SVCS INCAdd 9.00%49,4520.61
MCKMCKESSON CORPAdd 16.00%27,0150.25
LLYELI LILLY & COBuy32,8870.12
AAPLAPPLE INCBuy3,2190.00
PLTRPALANTIR TECHNOLOGIES INCAdd 16.00%3,0790.00
ANETARISTA NETWORKS INCBuy2,6980.00
HOODROBINHOOD MKTS INCBuy3,7460.00
AVAVAEROVIRONMENT INCBuy1,3420.00
LITELUMENTUM HLDGS INCBuy3120.00
Q4 2025filed Feb 13, 266 new18 added27 reduced4 exited
SHOPSHOPIFY INCAdd 37.00%2,568,7651.81
CVNACARVANA COAdd 44.00%751,0191.38
NOWSERVICENOW INCAdd 208.00%2,596,6371.37
APPAPPLOVIN CORPAdd 44.00%446,3920.98
ARGXARGENX SEAdd 2047.00%340,2450.88
NFLXNETFLIX INCAdd 794.00%8,902,4300.85
ASMLASML HOLDING N VAdd 27.00%140,8210.77
PWRQUANTA SVCS INCBuy576,8960.74
CRSCARPENTER TECHNOLOGY CORPBuy621,6840.60
SESEA LTDAdd 13.00%617,8460.27
BSXBOSTON SCIENTIFIC CORPBuy805,1640.23
CSLCARLISLE COS INCAdd 14.00%118,1390.17
MCKMCKESSON CORPAdd 11.00%17,1220.10
KSPIKASPI KZ JSCAdd 19.00%304,5210.09
APHAMPHENOL CORP NEWAdd 11.00%83,7700.09
DASHDOORDASH INCAdd 12.00%473,3160.08
TDGTRANSDIGM GROUP INCAdd 11.00%9,8830.08
AXONAXON ENTERPRISE INCAdd 12.00%167,0950.08
BLDRBUILDERS FIRSTSOURCE INCAdd 13.00%327,0670.05
ETHBISHARES TRBuy8,2150.01
RACEFERRARI N VAdd 23.00%58,2850.01
PLTRPALANTIR TECHNOLOGIES INCBuy19,8400.01
BABAALIBABA GROUP HLDG LTDBuy7,5110.00
STVNSTEVANATO GROUP S P AAdd 6.00%28,0750.00
Q3 2025filed Nov 13, 254 new23 added14 reduced6 exited
GOOGLALPHABET INCAdd 55.00%1,685,2181.64
TSMTAIWAN SEMICONDUCTOR MFG LTDAdd 8.00%699,6111.57
APPAPPLOVIN CORPAdd 24.00%199,6131.19
CVNACARVANA COAdd 88.00%790,2880.89
ORCLORACLE CORPBuy936,0430.73
ISRGINTUITIVE SURGICAL INCAdd 77.00%583,5390.47
BLDRBUILDERS FIRSTSOURCE INCAdd 139.00%1,414,1290.47
AVGOBROADCOM INCAdd 12.00%217,2970.42
CSLCARLISLE COS INCAdd 99.00%423,1410.31
XYZBLOCK INCAdd 12.00%1,262,3170.30
ICEINTERCONTINENTAL EXCHANGE INAdd 7.00%364,2270.16
TTEKTETRA TECH INC NEWAdd 38.00%1,978,6970.12
ONONON HLDG AGAdd 47.00%2,155,0830.10
IOTSAMSARA INCAdd 6.00%1,242,1220.09
SAPSAP SEAdd 52.00%150,8840.07
HDBHDFC BANK LTDAdd 115.00%3,307,4530.05
ROPROPER TECHNOLOGIES INCAdd 7.00%23,9290.05
CDNSCADENCE DESIGN SYSTEM INCAdd 8.00%23,6960.05
METAMETA PLATFORMS INCAdd 6.00%82,0230.04
DUOLDUOLINGO INCBuy47,6720.04
TDGTRANSDIGM GROUP INCAdd 7.00%6,3960.04
ARGXARGENX SEBuy16,6250.03
FIGFIGMA INCBuy226,7520.03
MCKMCKESSON CORPAdd 8.00%11,2790.03
WCNWASTE CONNECTIONS INCAdd 6.00%63,1120.03
PANWPALO ALTO NETWORKS INCAdd 26.00%39,7560.02
SPOTSPOTIFY TECHNOLOGY S AAdd 14.00%192,8370.00
Q2 2025filed Aug 13, 253 new17 added18 reduced12 exited
NVDANVIDIA CORPORATIONAdd 8.00%1,631,0252.43
ICEINTERCONTINENTAL EXCHANGE INAdd 97.00%2,620,3101.22
TSMTAIWAN SEMICONDUCTOR MFG LTDAdd 7.00%524,9601.03
MSFTMICROSOFT CORPAdd 12.00%306,4970.84
CVNACARVANA COAdd 1374.00%840,0960.83
AJGGALLAGHER ARTHUR J & COAdd 453.00%918,6180.79
ONONON HLDG AGBuy4,614,3470.69
AVGOBROADCOM INCAdd 30.00%422,4570.65
CSLCARLISLE COS INCBuy426,3600.46
XYZBLOCK INCAdd 21.00%1,808,9090.44
VVISA INCAdd 6.00%217,0620.44
NUNU HLDGS LTDAdd 6.00%3,060,4630.35
ISRGINTUITIVE SURGICAL INCAdd 39.00%213,4940.27
TTEKTETRA TECH INC NEWAdd 27.00%1,089,5990.13
MCKMCKESSON CORPAdd 59.00%54,1170.10
PANWPALO ALTO NETWORKS INCBuy154,8630.09
IOTSAMSARA INCAdd 17.00%2,833,0490.06
SAPSAP SEAdd 30.00%66,3540.05
KVYOKLAVIYO INCAdd 14.00%136,3200.01
KSPIKASPI KZ JSCAdd 28.00%370,5560.00
Q1 2025filed May 14, 259 new10 added30 reduced5 exited
TSMTAIWAN SEMICONDUCTOR MFG LTDAdd 82.00%3,626,3961.96
APPAPPLOVIN CORPAdd 149.00%1,231,7991.06
ISRGINTUITIVE SURGICAL INCBuy544,0760.92
AVGOBROADCOM INCBuy1,420,8700.81
IOTSAMSARA INCAdd 59.00%6,073,3970.80
METAMETA PLATFORMS INCAdd 13.00%175,8660.65
BLDRBUILDERS FIRSTSOURCE INCBuy1,051,5440.45
WCNWASTE CONNECTIONS INCAdd 86.00%511,5190.43
VGVENTURE GLOBAL INCBuy8,532,9080.30
YMMFULL TRUCK ALLIANCE CO LTDAdd 66.00%4,092,2530.25
AJGGALLAGHER ARTHUR J & COBuy202,6310.24
MCKMCKESSON CORPBuy91,7500.21
APHAMPHENOL CORP NEWBuy929,1520.21
SAPSAP SEBuy223,0320.20
CDNSCADENCE DESIGN SYSTEM INCAdd 62.00%116,4750.10
CVNACARVANA COBuy61,1310.04
MNDYMONDAY COM LTDAdd 32.00%27,5830.03
ETHBISHARES TRAdd 63.00%10,2370.01
EWEDWARDS LIFESCIENCES CORPAdd 6.00%1,1730.00