Sands Capital Management 13F holdings, Q4 2003
Holdings as of December 31, 2003 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 42 US equity positions worth $5.3bn in its Q4 2003 13F filing. The largest position was EBAY at 9.7% of the reported book, followed by CSCO and HOG. Against the Q3 2003 filing, it opened 6 new positions, added to 26 and reduced 7 among the top 42 holdings.
What did Sands Capital Management own in Q4 2003? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2003 |
|---|---|---|---|---|---|---|---|
| 1 | EBAY Ebay, Inc | Consumer Cyclical | 9.7% | $517.8m | 8,014,586 | 21% | added |
| 2 | CSCO Cisco Systems | Technology | 6.9% | $367.2m | 15,152,884 | 10% | added |
| 3 | HOG Harley-Davidson | Consumer Cyclical | 5.9% | $315.9m | 6,647,202 | 20% | added |
| 4 | Genentech | 5.9% | $315.6m | 3,372,572 | 22% | added | |
| 5 | Dell Computer | 5.4% | $289.6m | 8,664,641 | 22% | added | |
| 6 | COF Capital One Financial | Financial Services | 4.9% | $259.8m | 4,239,187 | 21% | added |
| 7 | SBUX Starbucks | Consumer Cyclical | 4.9% | $258.5m | 7,795,036 | 21% | added |
| 8 | Apollo Group | 4.8% | $256.5m | 3,781,935 | 27% | added | |
| 9 | First Data Corp | 4.3% | $226.4m | 5,510,843 | 2% | added | |
| 10 | MDT Medtronic | Healthcare | 4.3% | $226.3m | 4,656,455 | 20% | added |
| 11 | LOW Lowes Companies | Consumer Cyclical | 4.1% | $216.9m | 3,915,919 | 65% | added |
| 12 | QCOM Qualcomm | Technology | 3.8% | $202.1m | 3,748,133 | 21% | added |
| 13 | MSFT Microsoft | Technology | 3.7% | $199.2m | 7,276,241 | 13% | added |
| 14 | AMGN Amgen | Healthcare | 3.2% | $169.0m | 2,735,829 | 28% | added |
| 15 | Allergan | 3.2% | $168.1m | 2,188,860 | 22% | added | |
| 16 | Bed, Bath & Beyond | 3.0% | $160.4m | 3,701,241 | 22% | added | |
| 17 | WMT Wal-Mart | Consumer Defensive | 2.7% | $146.0m | 2,751,718 | 20% | added |
| 18 | JNJ Johnson & Johnson | Healthcare | 2.6% | $135.9m | 2,630,833 | 22% | added |
| 19 | Walgreen | 2.5% | $131.7m | 3,619,141 | 23% | added | |
| 20 | KSS Kohls Corp | Consumer Cyclical | 2.5% | $130.7m | 2,907,825 | 21% | added |
| 21 | MCO Moody's Corp | Financial Services | 2.3% | $123.3m | 2,036,988 | 21% | added |
| 22 | Tiffany & Co | 2.3% | $120.3m | 2,660,661 | -19% | reduced | |
| 23 | Red Hat, Inc | 2.1% | $112.6m | 5,997,378 | – | new | |
| 24 | SYK Stryker | Healthcare | 2.0% | $107.5m | 1,264,227 | 37% | added |
| 25 | Krispy Kreme | 1.4% | $73.4m | 2,004,766 | 23% | added | |
| 26 | Weight Watchers Intl | 1.4% | $72.0m | 1,875,614 | 26% | added | |
| 27 | INTC Intel Corp | Technology | 0.1% | $4.8m | 150,078 | 4% | added |
| 28 | AMAT Applied Materials | Technology | 0.0% | $2.0m | 87,101 | -6% | reduced |
| 29 | TROW Price Group | Financial Services | 0.0% | $1.8m | 38,300 | 0% | held |
| 30 | Veritas Software | 0.0% | $1.4m | 36,750 | -1% | reduced | |
| 31 | IBM IBM Corp | Technology | 0.0% | $1.3m | 13,630 | – | new |
| 32 | PFE Pfizer | Healthcare | 0.0% | $1.0m | 29,623 | -12% | reduced |
| 33 | GE General Electric | Industrials | 0.0% | $976.0k | 31,500 | -16% | reduced |
| 34 | Xilinx | 0.0% | $663.0k | 17,170 | 0% | held | |
| 35 | L-3 Comms Hldgs | 0.0% | $591.0k | 11,510 | -22% | reduced | |
| 36 | Yahoo!, Inc | 0.0% | $565.0k | 12,550 | – | new | |
| 37 | BP BP PLC SPON | Energy | 0.0% | $281.0k | 5,700 | 0% | held |
| 38 | PG Procter & Gamble | Consumer Defensive | 0.0% | $254.0k | 2,539 | 16% | added |
| 39 | TEVA Teva Pharmaceutical SPON | Healthcare | 0.0% | $252.0k | 4,450 | – | new |
| 40 | ROK Rockwell Automation | Industrials | 0.0% | $214.0k | 6,000 | – | new |
| 41 | OMC Omnicom Group | Communication Services | 0.0% | $205.0k | 2,350 | – | new |
| 42 | EMC, Inc | 0.0% | $172.0k | 13,282 | -43% | reduced |
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.