SANDS CAPITAL MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 1020066 · latest 13F-HR filed 2026-08-13
SANDS CAPITAL MANAGEMENT, LLC manages $26.93B in 13F-reported U.S. long-equity assets across 71 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (10.45%), TSM (6.96%), GOOGL (6.49%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 13 new positions and exited 9; 29 existing positions rose in reported value and 25 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-13
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
| Name | Title / Status | Ownership | Type |
|---|
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- BLOOM ENERGY CORP$644.8M +267.5%
- SEAGATE TECHNOLOGY HLDNGS PL$487.1M +233.8%
- LAM RESEARCH CORP$330.0M +204.5%
- ALPHABET INC$275.2M +18.7%
- ASML HLDG NV$216.6M +25.6%
Top Trims
- NETFLIX INC.-$524.2M -57.9%
- NVIDIA CORPORATION-$341.0M -10.8%
- NU HLDGS LTD-$326.8M -66.2%
- AMAZON COM INC-$240.8M -17.2%
- SHOPIFY INC-$233.0M -22.0%
New Positions
- MICRON TECHNOLOGY INC$608.1M
- ADVANCED MICRO DEVICES INC$390.7M
- SPACE EXPLORATION TECHN CORP$389.0M
- SANDISK CORP$348.1M
- SPHERE ENTERTAINMENT CO$235.0M
Exited Positions
- FLUTTER ENTMT PLC$202.8M
- TETRA TECH INC NEW$200.6M
- ROBLOX CORP$154.2M
- BOSTON SCIENTIFIC CORP$46.2M
- FIGMA INC$4.0M
SANDS CAPITAL MANAGEMENT, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $2.81B | 10.45% | 14,059,454 | SH |
| 2 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $1.87B | 6.96% | 3,925,440 | SH |
| 3 | ALPHABET INC | GOOGL | 02079K305 | $1.75B | 6.49% | 4,893,397 | SH |
| 4 | AMAZON COM INC | AMZN | 023135106 | $1.16B | 4.30% | 4,861,223 | SH |
| 5 | ASML HLDG NV | ASML | N07059210 | $1.06B | 3.94% | 533,693 | SH |
| 6 | BLOOM ENERGY CORP | BE | 093712107 | $885.9M | 3.29% | 2,926,558 | SH |
| 7 | AXON ENTERPRISE INC | AXON | 05464C101 | $830.2M | 3.08% | 1,480,817 | SH |
| 8 | SHOPIFY INC | SHOP | 82509L107 | $826.9M | 3.07% | 7,242,079 | SH |
| 9 | VISA INC | V | 92826C839 | $815.6M | 3.03% | 2,377,099 | SH |
| 10 | SPOTIFY TECHNOLOGY S A | SPOT | L8681T102 | $808.6M | 3.00% | 1,761,206 | SH |
| 11 | CLOUDFLARE INC | NET | 18915M107 | $794.6M | 2.95% | 3,239,504 | SH |
| 12 | SEAGATE TECHNOLOGY HLDNGS PL | STX | G7997R103 | $695.5M | 2.58% | 720,741 | SH |
| 13 | MERCADOLIBRE INC | MELI | 58733R102 | $642.0M | 2.38% | 378,208 | SH |
| 14 | MICRON TECHNOLOGY INC | MU | 595112103 | $608.1M | 2.26% | 526,810 | SH |
| 15 | CARVANA CO | CVNA | 146869102 | $557.0M | 2.07% | 8,462,945 | SH |
| 16 | META PLATFORMS INC | META | 30303M102 | $546.3M | 2.03% | 969,879 | SH |
| 17 | QUANTA SVCS INC | PWR | 74762E102 | $540.4M | 2.01% | 750,479 | SH |
| 18 | INTERCONTINENTAL EXCHANGE IN | ICE | 45866F104 | $499.3M | 1.85% | 4,055,771 | SH |
| 19 | INTUITIVE SURGICAL INC | ISRG | 46120E602 | $498.1M | 1.85% | 1,252,424 | SH |
| 20 | LAM RESEARCH CORP | LRCX | 512807306 | $491.4M | 1.82% | 1,133,965 | SH |
| 21 | MICROSOFT CORP | MSFT | 594918104 | $488.4M | 1.81% | 1,309,230 | SH |
| 22 | CARPENTER TECHNOLOGY CORP | CRS | 144285103 | $484.9M | 1.80% | 786,150 | SH |
| 23 | DOORDASH INC | DASH | 25809K105 | $429.2M | 1.59% | 2,325,795 | SH |
| 24 | APPLOVIN CORP | APP | 03831W108 | $428.5M | 1.59% | 831,697 | SH |
| 25 | BLOCK INC | XYZ | 852234103 | $428.1M | 1.59% | 5,632,505 | SH |
| 26 | BROADCOM INC | AVGO | 11135F101 | $425.7M | 1.58% | 1,126,912 | SH |
| 27 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $390.7M | 1.45% | 672,555 | SH |
| 28 | SPACE EXPLORATION TECHN CORP | SPCX | 84615Q103 | $389.0M | 1.44% | 2,276,744 | SH |
| 29 | NETFLIX INC. | NFLX | 64110L106 | $381.0M | 1.42% | 5,336,614 | SH |
| 30 | SAMSARA INC | IOT | 79589L106 | $368.0M | 1.37% | 11,348,732 | SH |
| 31 | SANDISK CORP | SNDK | 80004C200 | $348.1M | 1.29% | 153,093 | SH |
| 32 | CARLISLE COS INC | CSL | 142339100 | $290.2M | 1.08% | 799,872 | SH |
| 33 | SEA LTD | SE | 81141R100 | $287.3M | 1.07% | 2,998,337 | SH |
| 34 | ARGENX SE | ARGX | 04016X101 | $277.0M | 1.03% | 298,599 | SH |
| 35 | ON HLDG AG | ONON | H5919C104 | $265.1M | 0.98% | 7,485,043 | SH |
| 36 | DATADOG INC | DDOG | 23804L103 | $260.3M | 0.97% | 999,799 | SH |
| 37 | SPHERE ENTERTAINMENT CO | SPHR | 55826T102 | $235.0M | 0.87% | 1,358,321 | SH |
| 38 | ARM HOLDINGS PLC | ARM | 042068205 | $227.9M | 0.85% | 642,829 | SH |
| 39 | BUILDERS FIRSTSOURCE INC | BLDR | 12008R107 | $204.3M | 0.76% | 2,283,236 | SH |
| 40 | NU HLDGS LTD | NU | G6683N103 | $166.7M | 0.62% | 12,475,806 | SH |
| 41 | LIBERTY MEDIA CORP DEL | FWONK | 531229755 | $143.6M | 0.53% | 1,509,193 | SH |
| 42 | MCKESSON CORP | MCK | 58155Q103 | $138.7M | 0.51% | 183,535 | SH |
| 43 | AMPHENOL CORP | APH | 032095101 | $134.7M | 0.50% | 763,951 | SH |
| 44 | KASPI KZ JSC | KSPI | 48581R205 | $132.6M | 0.49% | 1,531,017 | SH |
| 45 | COUPANG INC | CPNG | 22266T109 | $131.3M | 0.49% | 7,559,132 | SH |
| 46 | TRANSDIGM GROUP INC | TDG | 893641100 | $119.4M | 0.44% | 89,669 | SH |
| 47 | ULTRAGENYX PHARMACEUTICAL IN | RARE | 90400D108 | $105.5M | 0.39% | 3,158,368 | SH |
| 48 | FERRARI N V | RACE | N3167Y103 | $104.3M | 0.39% | 280,101 | SH |
| 49 | WASTE CONNECTIONS INC | WCN | 94106B101 | $101.6M | 0.38% | 609,721 | SH |
| 50 | WOODWARD INC | WWD | 980745103 | $65.4M | 0.24% | 153,660 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $26.93B | 71 | 0001020066-26-000018 |
| 2026-03-31 | 2026-05-08 | $25.49B | 67 | 0001020066-26-000015 |
| 2025-12-31 | 2026-02-13 | $32.88B | 66 | 0001020066-26-000005 |
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