Sands Capital Management 13F holdings, Q3 2003
Holdings as of September 30, 2003 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 38 US equity positions worth $4.1bn in its Q3 2003 13F filing. The largest position was EBAY at 8.6% of the reported book, followed by CSCO and HOG. Against the Q2 2003 filing, it opened 2 new positions, added to 30 and reduced 4 among the top 38 holdings.
What did Sands Capital Management own in Q3 2003? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2003 |
|---|---|---|---|---|---|---|---|
| 1 | EBAY Ebay, Inc | Consumer Cyclical | 8.6% | $355.6m | 6,629,339 | 204% | added |
| 2 | CSCO Cisco Systems | Technology | 6.6% | $270.8m | 13,824,664 | 48% | added |
| 3 | HOG Harley-Davidson | Consumer Cyclical | 6.5% | $267.4m | 5,548,445 | 51% | added |
| 4 | Dell Computer | 5.8% | $237.7m | 7,111,360 | 54% | added | |
| 5 | Genentech | 5.4% | $221.8m | 2,767,168 | 50% | added | |
| 6 | First Data Corp | 5.2% | $215.3m | 5,388,331 | 52% | added | |
| 7 | COF Capital One Financial | Financial Services | 4.9% | $200.3m | 3,511,527 | 53% | added |
| 8 | Apollo Group | 4.8% | $197.0m | 2,983,921 | 54% | added | |
| 9 | SBUX Starbucks | Consumer Cyclical | 4.5% | $184.8m | 6,415,967 | 53% | added |
| 10 | MDT Medtronic | Healthcare | 4.4% | $182.1m | 3,881,124 | 50% | added |
| 11 | MSFT Microsoft | Technology | 4.3% | $178.6m | 6,424,024 | 17% | added |
| 12 | Allergan | 3.4% | $140.8m | 1,788,847 | 57% | added | |
| 13 | AMGN Amgen | Healthcare | 3.4% | $138.4m | 2,144,314 | 61% | added |
| 14 | QCOM Qualcomm | Technology | 3.1% | $129.0m | 3,094,743 | 52% | added |
| 15 | KSS Kohls Corp | Consumer Cyclical | 3.1% | $128.8m | 2,407,516 | 52% | added |
| 16 | WMT Wal-Mart | Consumer Defensive | 3.1% | $128.6m | 2,302,444 | 46% | added |
| 17 | LOW Lowes Companies | Consumer Cyclical | 3.0% | $123.4m | 2,378,059 | 60% | added |
| 18 | Tiffany & Co | 3.0% | $122.9m | 3,293,183 | 50% | added | |
| 19 | Bed, Bath & Beyond | 2.8% | $116.2m | 3,035,358 | 63% | added | |
| 20 | JNJ Johnson & Johnson | Healthcare | 2.6% | $106.8m | 2,155,869 | 53% | added |
| 21 | MCO Moody's Corp | Financial Services | 2.2% | $92.2m | 1,677,659 | 55% | added |
| 22 | Walgreen | 2.2% | $90.4m | 2,949,422 | 55% | added | |
| 23 | SEIC SEI Investment | Financial Services | 1.9% | $79.2m | 2,433,922 | 53% | added |
| 24 | SYK Stryker | Healthcare | 1.7% | $69.6m | 924,016 | 63% | added |
| 25 | Krispy Kreme | 1.5% | $62.8m | 1,630,485 | 70% | added | |
| 26 | Weight Watchers Intl | 1.5% | $61.9m | 1,487,387 | 130% | added | |
| 27 | INTC Intel Corp | Technology | 0.1% | $4.0m | 144,358 | -3% | reduced |
| 28 | AMAT Applied Materials | Technology | 0.0% | $1.7m | 92,721 | 38% | added |
| 29 | TROW Price Group | Financial Services | 0.0% | $1.6m | 38,300 | -4% | reduced |
| 30 | Veritas Software | 0.0% | $1.2m | 37,150 | -9% | reduced | |
| 31 | GE General Electric | Industrials | 0.0% | $1.1m | 37,549 | 3% | added |
| 32 | PFE Pfizer | Healthcare | 0.0% | $1.0m | 33,569 | -46% | reduced |
| 33 | L-3 Comms Hldgs | 0.0% | $635.0k | 14,695 | 47% | added | |
| 34 | Xilinx | 0.0% | $488.0k | 17,170 | 0% | held | |
| 35 | EMC, Inc | 0.0% | $295.0k | 23,410 | 40% | added | |
| 36 | BP BP PLC SPON | Energy | 0.0% | $239.0k | 5,700 | 0% | held |
| 37 | PG Procter & Gamble | Consumer Defensive | 0.0% | $203.0k | 2,189 | – | new |
| 38 | Level 3 Comms | 0.0% | $54.0k | 10,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.