Sands Capital Management 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 66 US equity positions worth $30.4bn in its Q1 2023 13F filing. The largest position was V at 6.7% of the reported book, followed by DXCM and AMZN. Against the Q4 2022 filing, it opened 1 new position, added to 15 and reduced 33 among the top 50 holdings.
What did Sands Capital Management own in Q1 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | V VISA INC | Financial Services | 6.7% | $2.0bn | 9,006,916 | -13% | reduced |
| 2 | DXCM DEXCOM INC | Healthcare | 5.3% | $1.6bn | 13,738,968 | -11% | reduced |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 5.2% | $1.6bn | 15,208,913 | -6% | reduced |
| 4 | MELI MERCADOLIBRE INC | Consumer Cyclical | 5.0% | $1.5bn | 1,150,140 | -8% | reduced |
| 5 | SE SEA LTD | Consumer Cyclical | 4.5% | $1.4bn | 15,709,367 | 4% | added |
| 6 | LRCX LAM RESEARCH CORPORATION | Technology | 3.9% | $1.2bn | 2,229,038 | -5% | reduced |
| 7 | SHOP SHOPIFY INC | Technology | 3.7% | $1.1bn | 23,648,206 | -5% | reduced |
| 8 | NOW SERVICENOW INC | Technology | 3.6% | $1.1bn | 2,372,846 | -7% | reduced |
| 9 | NFLX NETFLIX INC | Communication Services | 3.6% | $1.1bn | 3,167,755 | -11% | reduced |
| 10 | ASML ASML HOLDING NV ADR | Technology | 3.4% | $1.0bn | 1,526,048 | -12% | reduced |
| 11 | XYZ BLOCK INC | Technology | 3.4% | $1.0bn | 14,949,238 | -5% | reduced |
| 12 | TEAM ATLASSIAN CORPORATION | Technology | 3.0% | $908.4m | 5,307,262 | -5% | reduced |
| 13 | NET CLOUDFLARE INC | Technology | 3.0% | $904.1m | 14,663,001 | -5% | reduced |
| 14 | SNOW SNOWFLAKE INC | Technology | 2.6% | $793.8m | 5,144,541 | -1% | reduced |
| 15 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 2.5% | $767.3m | 2,296,401 | -14% | reduced |
| 16 | ENTG ENTEGRIS INC | Technology | 2.4% | $721.1m | 8,792,591 | 70% | added |
| 17 | CSGP COSTAR GROUP INC | Real Estate | 2.2% | $661.0m | 9,600,576 | -4% | reduced |
| 18 | NKE NIKE INC | Consumer Cyclical | 1.9% | $574.5m | 4,684,277 | -9% | reduced |
| 19 | DASH DOORDASH INC | Consumer Cyclical | 1.9% | $569.2m | 8,955,755 | -6% | reduced |
| 20 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.8% | $542.0m | 5,826,837 | -1% | reduced |
| 21 | NVDA NVIDIA CORPORATION | Technology | 1.7% | $520.1m | 1,872,252 | 23% | added |
| 22 | EW EDWARDS LIFESCIENCES CORP | Healthcare | 1.7% | $513.6m | 6,207,824 | -17% | reduced |
| 23 | OKTA OKTA INC | Technology | 1.7% | $501.0m | 5,809,857 | -8% | reduced |
| 24 | APTV APTIV PLC | Consumer Cyclical | 1.6% | $493.2m | 4,396,461 | -7% | reduced |
| 25 | MSFT MICROSOFT CORP | Technology | 1.6% | $475.3m | 1,648,482 | 226% | added |
| 26 | GOOGL ALPHABET INC | Communication Services | 1.5% | $457.5m | 4,410,777 | -11% | reduced |
| 27 | INTU INTUIT | Technology | 1.5% | $444.4m | 996,684 | -22% | reduced |
| 28 | ABNB AIRBNB INC | Consumer Cyclical | 1.2% | $367.4m | 2,952,989 | -6% | reduced |
| 29 | UBER UBER TECHNOLOGIES INC | Technology | 1.1% | $342.7m | 10,811,672 | -28% | reduced |
| 30 | WMG WARNER MUSIC GROUP CORP | Communication Services | 1.1% | $342.7m | 10,269,281 | -4% | reduced |
| 31 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 1.1% | $327.0m | 3,328,933 | -13% | reduced |
| 32 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 1.0% | $300.0m | 2,418,399 | -9% | reduced |
| 33 | DDOG DATADOG INC | Technology | 1.0% | $294.2m | 4,049,393 | -0% | held |
| 34 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 0.9% | $287.3m | 803,494 | -1% | reduced |
| 35 | RGEN REPLIGEN CORP | Healthcare | 0.9% | $271.9m | 1,614,851 | -9% | reduced |
| 36 | MTCH MATCH GROUP INC NEW | Communication Services | 0.8% | $232.9m | 6,066,344 | -9% | reduced |
| 37 | GLOB GLOBANT S A | Technology | 0.8% | $230.9m | 1,407,943 | 1% | added |
| 38 | AXON AXON ENTERPRISE INC | Industrials | 0.7% | $222.3m | 988,570 | – | new |
| 39 | TXG 10X GENOMICS INC | Healthcare | 0.7% | $208.5m | 3,737,768 | 17% | added |
| 40 | NU NU HLDGS LTD | Financial Services | 0.7% | $200.2m | 42,061,056 | 1% | added |
| 41 | LIBERTY MEDIA CORP DEL | 0.7% | $198.1m | 2,647,773 | 3% | added | |
| 42 | CPNG COUPANG INC | Consumer Cyclical | 0.6% | $189.7m | 11,855,460 | 10% | added |
| 43 | ROP ROPER TECHNOLOGIES INC | Technology | 0.6% | $188.1m | 426,795 | 20% | added |
| 44 | HDB HDFC BANK LTD | Financial Services | 0.6% | $180.5m | 2,707,181 | 2% | added |
| 45 | GOOG ALPHABET INC | Communication Services | 0.5% | $148.3m | 1,426,117 | -9% | reduced |
| 46 | TXN TEXAS INSTRS INC | Technology | 0.4% | $133.3m | 716,758 | 1% | added |
| 47 | XP XP INC | Financial Services | 0.4% | $132.9m | 11,199,858 | 29% | added |
| 48 | CHGG CHEGG INC | Consumer Defensive | 0.4% | $126.1m | 7,738,094 | 42% | added |
| 49 | SRPT SAREPTA THERAPEUTICS INC | Healthcare | 0.4% | $120.6m | 874,765 | -59% | reduced |
| 50 | TDG TRANSDIGM GROUP INC | Industrials | 0.4% | $115.1m | 156,186 | 1% | added |
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.