SANDS CAPITAL MANAGEMENT, LLC

CIK: 0001020066SEC EDGAR →

Portfolio Value

$32.9B

Holdings

66

As of

Q4 2025

New Positions

64

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

NVIDIA CORPORATION

20,043,571$3.7B
11.37%
2

TAIWAN SEMICONDUCTOR MFG LTD

6,826,175$2.1B
6.31%
3

AMAZON COM INC

7,440,012$1.7B
5.22%
4

ALPHABET INC

4,939,049$1.5B
4.70%
5

SHOPIFY INC

9,506,036$1.5B
4.65%
6

MICROSOFT CORP

2,470,769$1.2B
3.63%
7

VISA INC

3,090,129$1.1B
3.30%
8

CARVANA CO

2,442,534$1.0B
3.14%
9

MERCADOLIBRE INC

509,645$1.0B
3.12%
10

DOORDASH INC

4,496,607$1.0B
3.10%

Quarterly Changes

Top Buys

NOW↑ Increased
$558.2M
SHOP↑ Increased
$499.2M
NFLX↑ Increased
$403.8M
CVNA↑ Increased
$392.7M
GOOGL↑ Increased
$386.1M

Top Sells

TSM↓ Decreased
$509.6M
XYZ↓ Decreased
$452.6M
TEAM↓ Decreased
$399.7M
DC4CLOSED
$332.0M
V↓ Decreased
$291.0M

New Positions (6)

$243.5M · 577K shares
$195.7M · 622K shares
$76.8M · 805K shares
$3.9M · 8K shares
$3.5M · 20K shares
$1.1M · 8K shares

Closed Positions (4)

$332.0M · 4.9M shares
$263.3M · 936K shares
$106.2M · 7.5M shares
$22.5M · 116K shares

Sector Breakdown

Sector# HoldingsValue%
Technology28$14.5B44.3%
Communication Services6$5.4B16.4%
Consumer Cyclical8$4.6B13.9%
Financial Services6$3.0B9.2%
Industrials8$2.5B7.5%
Healthcare7$1.7B5.1%
Unknown2$1.2B3.5%
Basic Materials1$25.2M0.1%