Sands Capital Management 13F holdings, Q3 2004
Holdings as of September 30, 2004 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 83 US equity positions worth $8.5bn in its Q3 2004 13F filing. The largest position was EBAY at 11.1% of the reported book, followed by Genentech and SBUX. Against the Q2 2004 filing, it opened 19 new positions, added to 27 and reduced 4 among the top 50 holdings.
What did Sands Capital Management own in Q3 2004? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2004 |
|---|---|---|---|---|---|---|---|
| 1 | EBAY Ebay, Inc | Consumer Cyclical | 11.1% | $947.6m | 10,307,133 | 5% | added |
| 2 | Genentech | 6.2% | $532.1m | 10,150,702 | 8% | added | |
| 3 | SBUX Starbucks | Consumer Cyclical | 6.2% | $531.7m | 11,695,886 | 7% | added |
| 4 | Apollo Group | 5.7% | $489.0m | 6,664,593 | 7% | added | |
| 5 | COF Capital One Financial | Financial Services | 5.7% | $485.4m | 6,568,292 | 7% | added |
| 6 | Dell Computer | 5.6% | $476.1m | 13,374,406 | 7% | added | |
| 7 | LOW Lowes Companies | Consumer Cyclical | 5.2% | $440.9m | 8,112,957 | 7% | added |
| 8 | QCOM Qualcomm | Technology | 5.1% | $434.2m | 11,123,090 | 110% | added |
| 9 | HOG Harley-Davidson | Consumer Cyclical | 4.9% | $417.0m | 7,016,041 | -22% | reduced |
| 10 | MDT Medtronic | Healthcare | 4.2% | $355.6m | 6,851,284 | 5% | added |
| 11 | CSCO Cisco Systems | Technology | 4.1% | $351.4m | 19,416,824 | 6% | added |
| 12 | Genzyme | 3.2% | $274.2m | 5,039,217 | 7% | added | |
| 13 | MSFT Microsoft | Technology | 3.2% | $269.3m | 9,738,840 | 6% | added |
| 14 | TEVA Teva Pharmaceutical SPON | Healthcare | 3.2% | $268.7m | 10,354,664 | 263% | added |
| 15 | AMGN Amgen | Healthcare | 3.1% | $264.6m | 4,658,462 | 7% | added |
| 16 | Allergan | 2.9% | $243.5m | 3,356,023 | -19% | reduced | |
| 17 | MCO Moody's Corp | Financial Services | 2.7% | $228.4m | 3,118,392 | 6% | added |
| 18 | Bed, Bath & Beyond | 2.6% | $219.2m | 5,907,061 | 9% | added | |
| 19 | KSS Kohls Corp | Consumer Cyclical | 2.5% | $209.4m | 4,344,300 | 7% | added |
| 20 | Walgreen | 2.4% | $206.3m | 5,758,388 | 6% | added | |
| 21 | SYK Stryker | Healthcare | 2.4% | $203.4m | 4,229,730 | 8% | added |
| 22 | WMT Wal-Mart | Consumer Defensive | 2.0% | $172.9m | 3,250,806 | 2% | added |
| 23 | Patterson Cos | 1.7% | $145.4m | 1,899,394 | – | new | |
| 24 | Tiffany & Co | 1.4% | $123.0m | 4,001,992 | 5% | added | |
| 25 | Red Hat, Inc | 1.4% | $121.0m | 9,894,316 | 7% | added | |
| 26 | Weight Watchers Intl | 0.7% | $61.9m | 1,595,026 | -32% | reduced | |
| 27 | INTC Intel Corp | Technology | 0.0% | $2.5m | 126,169 | -9% | reduced |
| 28 | JNJ Johnson & Johnson | Healthcare | 0.0% | $2.2m | 39,109 | 94% | added |
| 29 | MAR Marriott Intl | Consumer Cyclical | 0.0% | $2.1m | 55,500 | – | new |
| 30 | Univision | 0.0% | $2.0m | 53,500 | – | new | |
| 31 | Gillette | 0.0% | $1.9m | 27,500 | – | new | |
| 32 | PFE Pfizer | Healthcare | 0.0% | $1.9m | 61,928 | 523% | added |
| 33 | ADM ArcherDanielsMidland | Consumer Defensive | 0.0% | $1.4m | 80,000 | – | new |
| 34 | AMD AdvancedMicroDevices | Technology | 0.0% | $1.2m | 90,000 | – | new |
| 35 | PG Procter & Gamble | Consumer Defensive | 0.0% | $1.1m | 21,222 | 297% | added |
| 36 | ALL Allstate | Financial Services | 0.0% | $1.1m | 45,000 | – | new |
| 37 | TGT Target | Consumer Defensive | 0.0% | $1.1m | 24,260 | – | new |
| 38 | Linear Technology | 0.0% | $1.0m | 28,340 | – | new | |
| 39 | American Intl Gp | 0.0% | $1.0m | 15,065 | – | new | |
| 40 | Tellabs | 0.0% | $1.0m | 110,000 | – | new | |
| 41 | ZBH Zimmer Holdings | Healthcare | 0.0% | $982.0k | 12,430 | 438% | added |
| 42 | GE General Electric | Industrials | 0.0% | $963.0k | 28,679 | 2% | added |
| 43 | Sun Microsystems | 0.0% | $945.0k | 234,100 | – | new | |
| 44 | Meadwestvaco | 0.0% | $893.0k | 28,000 | – | new | |
| 45 | NSC Norfolk Southern | Industrials | 0.0% | $832.0k | 28,000 | – | new |
| 46 | AMAT Applied Materials | Technology | 0.0% | $816.0k | 49,545 | – | new |
| 47 | Storage Tech | 0.0% | $808.0k | 32,000 | – | new | |
| 48 | Caesars Entertainment | 0.0% | $801.0k | 48,000 | – | new | |
| 49 | Bunge Ltd | 0.0% | $759.0k | 19,000 | – | new | |
| 50 | Burlington Nthn | 0.0% | $747.0k | 19,500 | – | 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.