WhaleCreep

Sands Capital 13F holdings, Q4 2013

Long-only investorSEC filingsCompare with another fundHoldings as of 2013-12-31, filed 2014-02-12

Sands Capital disclosed 43 US equity positions worth $38.2bn in its Q4 2013 13F filing. Its largest position is V at 7.2% of the reported book, followed by GOOGLE INC and AMZN. Versus Q3 2013 it opened 3 new positions, added to 11, reduced 23 and exited 2.

$38.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.2%
Largest position
The largest single position as a share of the reported equity book.
53.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
106
Quarters on file since Q1 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2013: 3 new, 11 added, 23 reduced, 2 exited

43 rows
V VISA INCFinancial Services7.2%$2.8bn12.38m−9.7%reduced
GOOGLE INC no ticker–7.1%$2.7bn2.44m−5.7%reduced
AMZN AMAZON COM INCConsumer Cyclical6.7%$2.6bn6.43m−17%reduced
BIDU BAIDU INCCommunication Services6.1%$2.3bn13.10m−5.6%reduced
CRM SALESFORCE INCTechnology5.6%$2.2bn38.97m−13%reduced
PRICELINE GRP INC no ticker–4.9%$1.9bn1.62m−1.6%reduced
META META PLATFORMS INCCommunication Services4.8%$1.8bn33.60m−4.6%reduced
ASML ASML HLDG NVTechnology3.9%$1.5bn16.04m−3.7%reduced
SLB SLB LIMITEDEnergy3.5%$1.4bn14.99m−1.5%reduced
BIIB BIOGEN INCHealthcare3.5%$1.3bn4.75m+2.6%added
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical3.2%$1.2bn2.32m−16%reduced
NKE NIKE INCConsumer Cyclical3.2%$1.2bn15.68m−17%reduced
LVS LAS VEGAS SANDS CORPConsumer Cyclical3.2%$1.2bn15.34m−4.7%reduced
MONSANTO CO NEW no ticker–3.1%$1.2bn10.13m−0.7%reduced
SCHW SCHWAB CHARLES CORPFinancial Services2.9%$1.1bn42.62m+135%added
ARM HLDGS PLC no ticker–2.9%$1.1bn19.95m−2.1%reduced
REGN REGENERON PHARMACEUTICALSHealthcare2.7%$1.0bn3.73m−1.2%reduced
NOVEUR NATIONAL OILWELL VARCO INC–2.7%$1.0bn12.76m+26%added
CERNCHF CERNER CORP–2.6%$996m17.87m−1.2%reduced
ALXN ALEXION PHARMACEUTICALS INC–2.6%$979m7.37m−2.3%reduced
SWN1EUR SOUTHWESTERN ENERGY CO–2.2%$852m21.66m+21%added
FMC TECHNOLOGIES INC no ticker–2.2%$847m16.23m+14%added
ISRG INTUITIVE SURGICAL INCHealthcare2.1%$821m2.14m+30%added
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare1.9%$720m10.24m−0.3%held
ULTA ULTA BEAUTY INCConsumer Cyclical1.9%$710m7.35m−2.1%reduced
SPLKCHF SPLUNK INC–1.8%$698m10.17m+20%added
LINKEDIN CORP no ticker–1.8%$687m3.17m+173%added
SBUX STARBUCKS CORPConsumer Cyclical1.5%$561m7.16m−15%reduced
1885807D ATHENAHEALTH INC–1.2%$455m3.38m−2.7%reduced
MELI MERCADOLIBREConsumer Cyclical0.6%$248m2.30m+2.8%added
N2EUR NETSUITE INC–0.08%$29.2m283,360−0.5%held
IPGP IPG PHOTONICS CORPTechnology0.05%$18.4m236,440−0.3%held
E2OPEN INC no ticker–0.05%$18.2m761,070+70%added
GWRE GUIDEWIRE SOFTWARE INCTechnology0.04%$17.2m350,095−0.2%held
NBIS NEBIUS GROUP N.V.Communication Services0.04%$17.0m394,250+1.6%added
SAP SAP SETechnology0.04%$16.2m185,885−0.3%held
AKX ANSYS INC–0.03%$12.1m138,245−0.5%reduced
FFIV F5 INCTechnology0.02%$6.3m69,500−28%reduced
CONCUR TECHNOLOGIES INC no ticker–0.01%$4.9m47,800−64%reduced
IWF ISHARES TR–0.0%$1.6m18,890–new
TWTRUSD TWITTER INC–0.0%$1.5m24,250–new
CSCO CISCO SYS INCTechnology0.0%$314k14,0000.0%held
MINDRAY MEDICAL INTL LTD no ticker–0.0%$224k6,155–new

Exited since Q3 2013

2 rows
ALLERGAN INC no ticker1.9%$671m
QCOM QUALCOMM INC0.03%$10.4m

Sector mix

  • Unclassified35.2%
  • Consumer Cyclical20.3%
  • Communication Services10.9%
  • Healthcare10.2%
  • Financial Services10.1%
  • Technology9.7%
  • Energy3.5%

Book over time

Every quarter on file (106)
QuarterPositionsEquity book
Q2 202671$26.9bn
Q1 202667$25.5bn
Q4 202566$32.9bn
Q3 202564$36.2bn
Q2 202566$34.8bn
Q1 202575$29.4bn
Q4 202471$33.8bn
Q3 202467$32.9bn
Q2 202466$34.0bn
Q1 202476$35.8bn
Q4 202374$32.9bn
Q3 202375$29.4bn
Q2 202366$32.2bn
Q1 202366$30.4bn
Q4 202267$26.5bn
Q3 202267$26.6bn
Q2 202269$28.9bn
Q1 202268$43.5bn
Q4 202171$53.9bn
Q3 202171$60.0bn
Q2 202177$59.0bn
Q1 202175$51.7bn
Q4 202076$52.7bn
Q3 202077$46.2bn
Q2 202077$41.3bn
Q1 202076$30.0bn
Q4 201975$34.4bn
Q3 201978$31.1bn
Q2 201979$33.6bn
Q1 201971$32.4bn
Q4 201871$28.0bn
Q3 201868$35.4bn
Q2 201866$34.9bn
Q1 201867$33.8bn
Q4 201768$33.0bn
Q3 201770$33.4bn
Q2 201769$33.3bn
Q1 201767$31.8bn
Q4 201653$28.7bn
Q3 201651$34.0bn
Q2 201652$32.4bn
Q1 201651$33.9bn
Q4 201553$38.8bn
Q3 201553$35.8bn
Q2 201551$40.7bn
Q1 201549$42.0bn
Q4 201454$42.0bn
Q3 201451$40.2bn
Q2 201449$39.7bn
Q1 201444$38.4bn
Q4 201343$38.2bn
Q3 201342$35.8bn
Q2 201339$29.7bn
Q1 201329$24.7bn
Q4 201231$22.5bn
Q3 201233$21.9bn
Q2 201233$19.3bn
Q1 201235$19.4bn
Q4 201148$15.1bn
Q3 201150$13.0bn
Q2 201149$14.9bn
Q1 201152$14.4bn
Q4 201051$14.0bn
Q3 201045$11.9bn
Q2 201045$10.1bn
Q1 201045$11.5bn
Q4 200947$11.8bn
Q3 200945$11.0bn
Q2 200942$9.5bn
Q1 200940$8.1bn
Q4 200836$6.2bn
Q3 200836$9.3bn
Q2 200838$12.6bn
Q1 200838$11.4bn
Q4 200749$15.1bn
Q1 200751$13.6bn
Q2 200635$11.5bn
Q1 200637$12.7bn
Q4 200543$12.8bn
Q3 200543$11.4bn
Q2 200544$9.2bn
Q1 200540$8.2bn
Q4 200444$11.0bn
Q3 200483$8.5bn
Q2 200440$8.3bn
Q1 200445$6.7bn
Q4 200342$5.3bn
Q3 200338$4.1bn
Q2 200341$2.5bn
Q1 200337$2.0bn
Q4 200238$1.8bn
Q3 200240$1.4bn
Q2 200239$1.3bn
Q1 200235$1.4bn
Q4 200139$1.4bn
Q3 200136$1.0bn
Q2 200137$1.3bn
Q1 200135$1.1bn
Q4 200039$878m
Q3 200042$962m
Q2 200033$917m
Q1 200035$919m
Q4 199933$648m
Q3 199929$533m
Q2 199930$440m
Q1 199925$342m

Where Sands Capital was early

67 rows
ADP Auto Data ProcessingQ2 19991 of 1482.2%5.1%14Exited by Q4 2002−21%
PFE PfizerQ2 19991 of 2080.09%7.2%22Exited by Q4 2004−16%
MDT MedtronicQ1 20001 of 1730.04%5.6%20Exited by Q1 2005−3.4%
TXN TEXAS INSTRS INCQ1 200017 of 2020.03%1.6%36Exited by Q1 2025+134%
NOK Nokia Corp SPONQ3 20001 of 1673.9%5.4%10Exited by Q1 2003−62%
EBAY EBAY INCQ4 20002 of 1861.1%12.4%24Exited by Q4 2007+302%
TROW PRICE T ROWE GROUP INCQ1 20011 of 1201.8%1.9%27Exited by Q4 2008+243%
KSS KOHLS CORPQ2 20011 of 1660.3%4.4%19Exited by Q1 2006−23%
COF CAPITAL ONE FINL CORPQ2 20012 of 2270.1%8.7%20Exited by Q2 2006+34%
SBUX STARBUCKS CORPQ3 20011 of 2170.02%7.8%28Exited by Q2 2019+1890%
AMGN AMGEN INCQ3 20012 of 1660.02%5.4%19Exited by Q2 2006+24%
LOW LOWES COS INCQ4 20011 of 2090.1%7.7%21Exited by Q1 2008−2.5%
QCOM QUALCOMM INCQ4 20013 of 2461.8%7.9%40Exited by Q4 2013+167%
SEIC SEI InvestmentQ2 20021 of 881.6%2.0%6Exited by Q4 2003+16%
MCO MOODY'S CORPQ2 20025 of 1761.6%6.3%39Exited by Q3 2020+1004%
SYK STRYKERQ1 20032 of 1501.5%3.8%26Exited by Q3 2010+46%
TEVA TEVA PHARMACEUTICAL INDS LTDQ4 20033 of 1820.01%7.0%13Exited by Q1 2008+64%
ZBH ZIMMER HLDGS INCQ2 20042 of 1440.0%3.5%11Exited by Q1 2008−25%
GWW WW GRAINGER INCQ3 20042 of 1200.01%3.2%12Exited by Q4 2012+261%
AMZN AMAZON COM INCQ3 20044 of 3780.01%10.3%69Held at last filing, Q2 2026+11566%
AAPL APPLE INCQ1 20056 of 2750.0%11.0%36Held at last filing, Q2 2026+19343%
EXPD EXPEDITORS INTL WASH INCQ1 20063 of 1200.0%3.4%6Exited by Q4 2008−19%
ADBE ADOBE INCQ1 200616 of 2750.0%3.3%38Exited by Q2 2024+1344%
SLB SCHLUMBERGER LTDQ2 20063 of 2114.4%9.0%40Exited by Q2 2017+20%
V VISA INCQ2 20087 of 2846.0%9.8%73Held at last filing, Q2 2026+1588%
FLIR FLIR SYSTEMS INCQ3 20093 of 801.7%1.8%11Exited by Q2 2012−9.5%
ILMN ILLUMINA INCQ3 20093 of 2150.7%4.8%39Exited by Q2 2024+223%
SCHW SCHWAB CHARLES CORPQ3 20095 of 2211.1%4.2%39Exited by Q3 2020+76%
EW EDWARDS LIFESCIENCES CORPQ3 20096 of 1490.02%5.2%49Exited by Q2 2025+1144%
TSM TAIWAN SEMICONDUCTOR MANUFACQ4 200930 of 3290.01%7.8%50Held at last filing, Q2 2026+4075%
1885807D ATHENAHEALTH INCQ1 20103 of 810.0%1.8%31Exited by Q4 2017+665%
ALXN ALEXION PHARMACEUTICALS INCQ2 20103 of 1470.0%5.0%35Exited by Q1 2019+154%
FFIV F5 NETWORKS INCQ3 20102 of 1411.4%3.7%14Exited by Q1 2014−12%
PXGBX PRAXAIR INCQ3 20105 of 682.3%3.6%12Exited by Q3 2013+28%
INCY INCYTE CORPQ4 20104 of 1560.01%3.0%20Exited by Q4 2019+348%
NFLX NETFLIX INC.Q4 20105 of 3011.8%6.9%50Held at last filing, Q2 2026+2745%
BIIB BIOGEN INCQ3 20118 of 1830.01%5.0%22Exited by Q1 2018+242%
BIDU BAIDU INCQ1 201215 of 2310.05%6.1%34Exited by Q4 2020−13%
META META PLATFORMS INCQ2 20122 of 3841.9%8.1%55Held at last filing, Q2 2026+1711%
ASML ASML HLDG NVQ4 20122 of 2344.2%5.9%55Held at last filing, Q2 2026+2990%
CMG CHIPOTLE MEXICAN GRILL INCQ4 20128 of 1853.0%3.7%21Exited by Q1 2018−2.8%
REGN REGENERON PHARMACEUTICALSQ2 20131 of 1712.4%5.4%30Exited by Q4 2020+149%
ULTA ULTA SALON COSMETCS AND FRAG IQ2 20133 of 1782.4%2.5%4Exited by Q2 2014−2.7%
ISRG INTUITIVE SURGICAL INCQ2 20135 of 1892.1%2.5%11Held at last filing, Q2 2026+607%
WDAY WORKDAY INCQ1 201411 of 2630.8%3.6%31Exited by Q4 2021+173%
BABA ALIBABA GROUP HLDG LTDQ3 201417 of 3771.5%8.2%33Held at last filing, Q2 2026+8.0%
CSGP COSTAR GROUP INCQ4 20145 of 1890.01%2.9%39Exited by Q3 2024+304%
PANW PALO ALTO NETWORKS INCQ2 201513 of 2421.0%2.1%23Held at last filing, Q2 2026+1071%
UAA UNDER ARMOUR INCQ3 20154 of 1400.3%2.2%9Exited by Q4 2017−66%
NOW SERVICENOW INCQ2 201611 of 2880.02%5.0%40Exited by Q2 2026+687%

Concentration and tenure

8.6%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
55.5%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
5
Median completed holding, quarters