Asset Manager · CIK 0001020066

Sands Capital Management

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Sands Capital Management, an asset manager overseeing $32.88B in disclosed equity holdings (SEC CIK 0001020066). The latest portfolio (2025Q4) discloses 66 positions across 6 sectors, with the largest positions in NVDA, TSM and AMZN. On a mark-to-market basis the tracked portfolio has returned 27.4% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Sands's filingsView holdings
Portfolio
$32.88B
Positions
66
Quarter
2025Q4
Filings tracked
40
1Y+27.4%3Y+557.2%5Y+30.5%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1
Capital flow per quarter
BuysSellsNet
+$5.26B+$2.63B$0-$2.63B-$5.26B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$280M
Lifetime buys
$35.60B
Lifetime sells
$46.13B

Quarter activity

What changed in 2023Q1 — net new, added, trimmed, exited.
New positions2 names
  • AXONAXON ENTERPRISE INC
    +988,570
    $222.3M
  • N3167YFERRARI N V
    +51,442
    $13.9M
Added to24 names
  • MSFTMICROSOFT CORP
    +1,143,024
    $329.5M
  • ENTGENTEGRIS INC
    +3,607,040
    $295.8M
  • NVDANVIDIA CORPORATION
    +346,165
    $96.2M
  • SESEA LTD
    +673,845
    $58.3M
  • CHGGCHEGG INC
    +2,288,020
    $37.3M
  • BZKANZHUN LIMITED
    +1,723,570
    $32.8M
  • ROPROPER TECHNOLOGIES INC
    +71,085
    $31.3M
  • G98239XP INC
    +2,505,747
    $29.7M
  • TXG10X GENOMICS INC
    +530,985
    $29.6M
  • CPNGCOUPANG INC
    +1,051,614
    $16.8M
  • FWONKUSDLIBERTY MEDIA CORP DEL
    +78,756
    $5.9M
  • HDBHDFC BANK LTD
    +49,097
    $3.3M
  • + 12 more…
Trimmed40 names
  • VVISA INC
    −1,348,994
    $304.1M
  • DXCMDEXCOM INC
    −1,775,467
    $206.3M
  • SRPTSAREPTA THERAPEUTICS INC
    −1,276,613
    $176.0M
  • ASMLASML HOLDING N V
    −203,029
    $138.2M
  • UBERUBER TECHNOLOGIES INC
    −4,262,655
    $135.1M
  • NFLXNETFLIX INC
    −386,866
    $133.7M
  • MELIMERCADOLIBRE INC
    −99,267
    $130.8M
  • INTUINTUIT
    −287,316
    $128.1M
  • ALGNALIGN TECHNOLOGY INC
    −364,469
    $121.8M
  • EWEDWARDS LIFESCIENCES CORP
    −1,308,261
    $108.2M
  • AMZNAMAZON COM INC
    −887,025
    $91.6M
  • NOWSERVICENOW INC
    −168,807
    $78.4M
  • + 28 more…
Exited3 names
  • G68707PAGSEGURO DIGITAL LTD
    −5,532,915
    $48K
  • NIONIO INC
    −4,790,643
    $47K
  • VUGVANGUARD INDEX FDS
    −11,950
    $3K

Recent transactions

Last 20 moves
TRIM
Sands Capital Management trimmed DDOG
DATADOG INC
−380,880
~$135.99 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed RARE
ULTRAGENYX PHARMACEUTICAL IN
−284,129
~$23.00 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed META
META PLATFORMS INC
−133,193
~$660.09 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in IWF
ISHARES TR
+8,215
~$473.30 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in PWR
QUANTA SVCS INC
+576,896
~$422.06 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in PLTR
PALANTIR TECHNOLOGIES INC
+19,840
~$177.75 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in CRS
CARPENTER TECHNOLOGY CORP
+621,684
~$314.84 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in BSX
BOSTON SCIENTIFIC CORP
+805,164
~$95.35 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in BABA
ALIBABA GROUP HLDG LTD
+7,511
~$146.58 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed WCN
WASTE CONNECTIONS INC
−217,314
~$175.36 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed V
VISA INC
−936,904
~$350.71 · 2025Q4
2026-02-13
SOLD
Sands Capital Management exited VG
VENTURE GLOBAL INC
−7,484,070
~$14.19 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to TDG
TRANSDIGM GROUP INC
+9,883
~$1329.85 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed TTEK
TETRA TECH INC NEW
−172,028
~$33.54 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed TSM
TAIWAN SEMICONDUCTOR MFG LTD
−2,425,714
~$303.89 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to T9224W109
STEVANATO GROUP S P A
+28,075
~$20.12 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed SPOT
SPOTIFY TECHNOLOGY S A
−77,792
~$580.71 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to SHOP
SHOPIFY INC
+2,568,765
~$160.97 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to NOW
SERVICENOW INC
+2,596,637
~$153.19 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to SE
SEA LTD
+617,846
~$127.57 · 2025Q4
2026-02-13