SANDS CAPITAL MANAGEMENT, LLC
Institutional investor · Portfolio as of Q4 2025
Top Holdings66 positions
NVIDIA Corp. | 20M | $3.7B | 11.4% | $39.27 | +373.75% | 15 qtrssince 2022-Q2 | Decreased 0 |
TAIWAN SEMICONDUCTOR MFG LTD | 6.8M | $2.1B | 6.3% | $134.05 | +124.92% | 29 qtrssince 2018-Q4 | Decreased 0 |
Amazon.com, Inc. | 7.4M | $1.7B | 5.2% | $123.17 | +87.40% | 29 qtrssince 2018-Q4 | Decreased 0 |
Alphabet Inc. | 4.9M | $1.5B | 4.7% | $129.82 | +140.63% | 29 qtrssince 2018-Q4 | Increased 61 |
Shopify Inc | 9.5M | $1.5B | 4.7% | $89.86 | +79.13% | 29 qtrssince 2018-Q4 | Increased 77 |
Microsoft Corp. | 2.5M | $1.2B | 3.6% | $316.27 | +51.95% | 28 qtrssince 2019-Q1 | Decreased 0 |
Visa Inc | 3.1M | $1.1B | 3.3% | $182.17 | +91.37% | 29 qtrssince 2018-Q4 | Decreased 0 |
CARVANA CO | 2.4M | $1B | 3.1% | $74.59 | +13.16% | 4 qtrssince 2025-Q1 | Increased 79 |
Mercadolibre Inc | 509,645 | $1B | 3.1% | $1,397.62 | +44.12% | 29 qtrssince 2018-Q4 | Decreased 0 |
DOORDASH INC CL A | 4.5M | $1B | 3.1% | $155.34 | +46.86% | 21 qtrssince 2020-Q4 | Increased 65 |
APPLOVIN CORP COM CL A | 1.5M | $986M | 3.0% | $464.76 | +44.98% | 5 qtrssince 2024-Q4 | Increased 74 |
Netflix, Inc. | 10M | $939.8M | 2.9% | $39.42 | +137.85% | 29 qtrssince 2018-Q4 | Increased 88 |
Axon Enterprise Inc | 1.6M | $914M | 2.8% | $245.91 | +130.95% | 12 qtrssince 2023-Q1 | Increased 61 |
Intercontinental Exchange Inc | 5.5M | $891.2M | 2.7% | $161.10 | -0.49% | 29 qtrssince 2018-Q4 | Decreased 0 |
SPOTIFY TECHNOLOGY S A | 1.5M | $853.6M | 2.6% | $441.54 | +31.52% | 6 qtrssince 2024-Q3 | Decreased 0 |
Meta Platforms Inc | 1.3M | $828.3M | 2.5% | $356.38 | +84.75% | 11 qtrssince 2023-Q2 | Decreased 0 |
Intuitive Surgical Inc. | 1.4M | $779.9M | 2.4% | $484.23 | +16.96% | 4 qtrssince 2025-Q1 | Increased 56 |
NU HLDGS LTD ORD SHS CL A | 44.4M | $743.7M | 2.3% | $7.69 | +119.44% | 17 qtrssince 2021-Q4 | Decreased 0 |
Cloudflare Inc | 3.7M | $735.6M | 2.2% | $104.92 | +90.26% | 20 qtrssince 2021-Q1 | Decreased 0 |
Broadcom Inc | 2.1M | $731.8M | 2.2% | $208.60 | +65.31% | 4 qtrssince 2025-Q1 | Increased 56 |
SANDS CAPITAL MANAGEMENT, LLC manages $32.9B across 66 positions as of Q4 2025. Top holdings: NVDA (11.4%), TSM (6.3%), AMZN (5.2%). Fund DNA: Balanced Allocator. HoldingsIntel Score: 3.5/5.0.
Active quarter - 6 new positions, 4 exits, 22 increased. Top move: NFLX (INCREASED, conviction 88). Portfolio: $32.9B across 66 positions.
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
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