Fund HoldingsSANDS CAPITAL MANAGEMENT, LLC

Total Portfolio Value
$34.83B
Total Bought
$6.09B
Total Sold
$5.50B
Net Transaction
+$592.00M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
NVIDIA CORPORATION(NVDA)19,926,18321,557,208+1,631,0252,159,6003,405,8239.78%+1,246,224
SHOPIFY INC(SHOP)07,492,615+7,492,6150864,2732.48%+864,273
TAIWAN SEMICONDUCTOR MFG LTD(TSM)8,027,3188,552,278+524,9601,332,5351,937,0055.56%+604,471
INTERCONTINENTAL EXCHANGE IN(ICE)2,692,7295,313,039+2,620,310464,496974,7832.80%+510,288
MICROSOFT CORP(MSFT)2,648,2482,954,745+306,497994,1261,469,7204.22%+475,594
AXON ENTERPRISE INC(AXON)1,899,8221,611,295-288,527999,2111,334,0563.83%+334,844
CARVANA CO(CVNA)61,131901,227+840,09612,781303,6770.87%+290,896
GALLAGHER ARTHUR J & CO(AJG)202,6311,121,249+918,61869,956358,9341.03%+288,978
SERVICENOW INC(NOW)1,457,9781,408,333-49,6451,160,7551,447,8794.16%+287,124
BROADCOM INC(AVGO)1,420,8701,843,327+422,457237,896508,1131.46%+270,217
CLOUDFLARE INC(NET)6,427,4464,928,874-1,498,572724,309965,2212.77%+240,913
ON HLDG AG(ONON)04,614,347+4,614,3470240,1770.69%+240,177
BLOCK INC(XYZ)8,531,83110,340,740+1,808,909463,534702,4462.02%+238,912
NU HLDGS LTD(NU)51,443,96554,504,428+3,060,463526,786747,8012.15%+221,015
DOORDASH INC(DASH)5,507,0214,792,181-714,8401,006,5181,181,3213.39%+174,802
CARLISLE COS INC(CSL)0426,360+426,3600159,2030.46%+159,203
DEXCOM INC(DXCM)10,414,1569,947,944-466,212711,183868,3562.49%+157,173
MERCADOLIBRE INC(MELI)611,999513,532-98,4671,193,9301,342,1833.85%+148,252
NETFLIX INC(NFLX)1,467,4741,131,679-335,7951,368,4641,515,4654.35%+147,002
ROBLOX CORP(RBLX)4,006,3303,586,543-419,787233,529377,3041.08%+143,775
INTUITIVE SURGICAL INC544,076757,570+213,494269,465411,6711.18%+142,207
SAMSARA INC(IOT)16,443,16119,276,210+2,833,049630,266766,8082.20%+136,541
IRHYTHM TECHNOLOGIES INC(IRTC)3,016,2072,915,527-100,680315,737448,8751.29%+133,138
FLUTTER ENTMT PLC(FLUT)2,195,2712,121,637-73,634486,362606,2791.74%+119,917
META PLATFORMS INC(META)1,507,7621,306,041-201,721869,014963,9762.77%+94,962
COUPANG INC(CPNG)12,080,48411,999,721-80,763264,925359,5121.03%+94,587
VISA INC(V)3,813,0424,030,104+217,0621,336,3191,430,8894.11%+94,570
DATADOG INC(DDOG)2,915,4762,772,015-143,461289,244372,3651.07%+83,120
TETRA TECH INC NEW(TTEK)4,110,7365,200,335+1,089,599120,239187,0040.54%+66,765
SPOTIFY TECHNOLOGY S A(SPOT)1,788,5501,354,803-433,747983,7561,039,5952.98%+55,838
ASML HOLDING N V
N Y REGISTRY SHS
557,428530,562-26,866369,369425,1871.22%+55,819
MCKESSON CORP(MCK)91,750145,867+54,11761,747106,8880.31%+45,142
VENTURE GLOBAL INC(VG)8,532,9087,854,539-678,36987,889122,3740.35%+34,485
AMPHENOL CORP NEW929,152940,121+10,96960,94392,8370.27%+31,894
PALO ALTO NETWORKS INC(PANW)0154,863+154,863031,6910.09%+31,691
SAP SE(SAP)223,032289,386+66,35459,87188,0020.25%+28,132
HDFC BANK LTD(HDB)2,911,1902,883,335-27,855193,419221,0650.63%+27,646
LIBERTY MEDIA CORP DEL(FWONA)1,919,2291,911,033-8,196172,750199,7030.57%+26,953
ALPHABET INC(GOOG)3,349,7273,085,879-263,848518,002543,8241.56%+25,823
KASPI KZ JSC(KSPI)1,311,4571,682,013+370,556121,769142,7860.41%+21,017
SEA LTD(SE)6,817,9945,678,005-1,139,989889,680908,1402.61%+18,460
CADENCE DESIGN SYSTEM INC(CDNS)304,719308,191+3,47277,49994,9690.27%+17,470
FERRARI N V
COM
246,069243,717-2,352105,288119,6020.34%+14,314
TRANSDIGM GROUP INC(TDG)85,88686,900+1,014118,805132,1440.38%+13,338
CHARTER COMMUNICATIONS INC N(CHTR)239,604242,432+2,82888,30199,1090.28%+10,807
ALPHABET INC(GOOG)624,184603,385-20,79997,516107,0340.31%+9,518
MONDAY COM LTD
SHS
115,041116,591+1,55027,97336,6660.11%+8,692
KLAVIYO INC(KVYO)972,7491,109,069+136,32029,43537,2430.11%+7,807
CROWDSTRIKE HLDGS INC(CRWD)44,41745,021+60415,66122,9300.07%+7,269
GRAB HOLDINGS LIMITED
CLASS A ORD
19,477,07718,757,824-719,25388,23194,3520.27%+6,121
STEVANATO GROUP S P A
ORD SHS
485,476464,635-20,8419,91311,3510.03%+1,438
GITLAB INC(GTLB)127,475127,47505,9915,7500.02%-241
UIPATH INC(PATH)44,6420-44,6424600-460
LINDE PLC(LIN)89,28886,662-2,62641,57640,6600.12%-916
ENTEGRIS INC(ENTG)11,1720-11,1729770-977
EDWARDS LIFESCIENCES CORP19,2440-19,2441,3950-1,395
ICON PLC(ICLR)94,32491,550-2,77416,50613,3160.04%-3,190
ROPER TECHNOLOGIES INC(ROP)326,112327,846+1,734192,269185,8360.53%-6,433
WASTE CONNECTIONS INC(WCN)1,108,4041,120,082+11,678216,349209,1420.60%-7,208
ULTRAGENYX PHARMACEUTICAL IN(RARE)4,163,5613,943,485-220,076150,763143,3850.41%-7,377
OKTA INC(OKTA)358,721300,517-58,20437,74530,0430.09%-7,702
REPLIGEN CORP(RGEN)1,294,1961,251,088-43,108164,673155,6100.45%-9,063
ISHARES TR26,4650-26,4659,5560-9,556
BUILDERS FIRSTSOURCE INC(BLDR)1,051,5441,016,773-34,771131,380118,6470.34%-12,733
GLOBAL E ONLINE LTD
SHS
522,0350-522,03518,6110-18,611
GLOBANT S A
COM
902,535869,376-33,159106,24678,9740.23%-27,272
FULL TRUCK ALLIANCE CO LTD(YMM)10,250,2926,926,596-3,323,696130,89681,8030.23%-49,093
KANZHUN LIMITED(BZ)3,934,3310-3,934,33175,4210-75,421
APPLE INC(AAPL)355,6490-355,64979,0000-79,000
SNOWFLAKE INC(SNOW)596,44311,960-584,48387,1762,6760.01%-84,500
AMAZON COM INC(AMZN)11,094,5439,230,023-1,864,5202,110,8482,024,9755.81%-85,873
UNITEDHEALTH GROUP INC(UNH)174,7870-174,78791,5450-91,545
AIRBNB INC950,8090-950,809113,5840-113,584
H WORLD GROUP LTD(HTHT)3,587,0890-3,587,089132,7580-132,758
NIKE INC(NKE)3,754,5800-3,754,580238,3410-238,341
APPLOVIN CORP(APP)2,058,193817,346-1,240,847545,359286,1360.82%-259,223
UBER TECHNOLOGIES INC(UBER)3,913,2220-3,913,222285,1170-285,117
ATLASSIAN CORPORATION3,918,5882,588,723-1,329,865831,564525,7441.51%-305,820
SHOPIFY INC(SHOP)12,145,8210-12,145,8211,159,6830-1,159,683
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