Sands Capital Management 13F holdings, Q1 2004
Holdings as of March 31, 2004 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 45 US equity positions worth $6.7bn in its Q1 2004 13F filing. The largest position was EBAY at 10.0% of the reported book, followed by Apollo Group and Genentech. Against the Q4 2003 filing, it opened 3 new positions, added to 28 and reduced 11 among the top 45 holdings.
What did Sands Capital Management own in Q1 2004? Top 45 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2003 |
|---|---|---|---|---|---|---|---|
| 1 | EBAY Ebay, Inc | Consumer Cyclical | 10.0% | $671.8m | 9,697,078 | 21% | added |
| 2 | Apollo Group | 6.4% | $431.9m | 5,012,237 | 33% | added | |
| 3 | Genentech | 6.1% | $412.7m | 3,899,616 | 16% | added | |
| 4 | HOG Harley-Davidson | Consumer Cyclical | 6.1% | $410.9m | 7,703,441 | 16% | added |
| 5 | COF Capital One Financial | Financial Services | 5.6% | $379.4m | 5,030,107 | 19% | added |
| 6 | CSCO Cisco Systems | Technology | 5.4% | $366.7m | 15,558,097 | 3% | added |
| 7 | SBUX Starbucks | Consumer Cyclical | 5.1% | $342.9m | 9,054,825 | 16% | added |
| 8 | Dell Computer | 5.1% | $340.7m | 10,133,222 | 17% | added | |
| 9 | QCOM Qualcomm | Technology | 4.3% | $293.1m | 4,421,745 | 18% | added |
| 10 | LOW Lowes Companies | Consumer Cyclical | 4.0% | $272.6m | 4,856,948 | 24% | added |
| 11 | MDT Medtronic | Healthcare | 3.9% | $261.5m | 5,476,118 | 18% | added |
| 12 | First Data Corp | 3.5% | $239.2m | 5,673,178 | 3% | added | |
| 13 | Allergan | 3.3% | $220.2m | 2,616,805 | 20% | added | |
| 14 | MSFT Microsoft | Technology | 2.9% | $196.9m | 7,898,431 | 9% | added |
| 15 | AMGN Amgen | Healthcare | 2.8% | $188.3m | 3,237,654 | 18% | added |
| 16 | Bed, Bath & Beyond | 2.8% | $185.5m | 4,427,997 | 20% | added | |
| 17 | MCO Moody's Corp | Financial Services | 2.5% | $170.9m | 2,414,371 | 19% | added |
| 18 | Red Hat, Inc | 2.5% | $170.9m | 7,414,416 | 24% | added | |
| 19 | KSS Kohls Corp | Consumer Cyclical | 2.4% | $165.1m | 3,415,472 | 17% | added |
| 20 | JNJ Johnson & Johnson | Healthcare | 2.3% | $155.7m | 3,070,162 | 17% | added |
| 21 | WMT Wal-Mart | Consumer Defensive | 2.3% | $154.0m | 2,580,063 | -6% | reduced |
| 22 | Walgreen | 2.1% | $143.0m | 4,340,407 | 20% | added | |
| 23 | SYK Stryker | Healthcare | 2.0% | $136.6m | 1,542,754 | 22% | added |
| 24 | Genzyme | 1.8% | $122.4m | 2,615,527 | – | new | |
| 25 | Tiffany & Co | 1.8% | $120.4m | 3,153,590 | 19% | added | |
| 26 | Weight Watchers Intl | 1.4% | $94.4m | 2,233,933 | 19% | added | |
| 27 | Krispy Kreme | 1.2% | $82.2m | 2,393,597 | 19% | added | |
| 28 | INTC Intel Corp | Technology | 0.1% | $3.7m | 135,283 | -10% | reduced |
| 29 | AMAT Applied Materials | Technology | 0.0% | $1.9m | 86,796 | -0% | held |
| 30 | Veritas Software | 0.0% | $971.0k | 36,070 | -2% | reduced | |
| 31 | IBM IBM Corp | Technology | 0.0% | $922.0k | 10,050 | -26% | reduced |
| 32 | GE General Electric | Industrials | 0.0% | $833.0k | 27,300 | -13% | reduced |
| 33 | TROW Price Group | Financial Services | 0.0% | $447.0k | 8,300 | -78% | reduced |
| 34 | Symantec | 0.0% | $421.0k | 9,100 | – | new | |
| 35 | Xilinx | 0.0% | $416.0k | 11,020 | -36% | reduced | |
| 36 | L-3 Comms Hldgs | 0.0% | $394.0k | 6,635 | -42% | reduced | |
| 37 | PFE Pfizer | Healthcare | 0.0% | $379.0k | 10,823 | -63% | reduced |
| 38 | EMC, Inc | 0.0% | $328.0k | 24,132 | 82% | added | |
| 39 | TEVA Teva Pharmaceutical SPON | Healthcare | 0.0% | $320.0k | 5,060 | 14% | added |
| 40 | AXP American Express | Financial Services | 0.0% | $306.0k | 5,910 | – | new |
| 41 | BP BP PLC SPON | Energy | 0.0% | $291.0k | 5,700 | 0% | held |
| 42 | PG Procter & Gamble | Consumer Defensive | 0.0% | $261.0k | 2,489 | -2% | reduced |
| 43 | Yahoo!, Inc | 0.0% | $254.0k | 5,250 | -58% | reduced | |
| 44 | OMC Omnicom Group | Communication Services | 0.0% | $220.0k | 2,750 | 17% | added |
| 45 | ROK Rockwell Automation | Industrials | 0.0% | $208.0k | 6,000 | 0% | held |
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.