Sands Capital Management 13F holdings, Q2 2023
Holdings as of June 30, 2023 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 66 US equity positions worth $32.2bn in its Q2 2023 13F filing. The largest position was V at 6.1% of the reported book, followed by AMZN and DXCM. Against the Q1 2023 filing, it opened 2 new positions, added to 8 and reduced 37 among the top 50 holdings.
What did Sands Capital Management own in Q2 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2023 |
|---|---|---|---|---|---|---|---|
| 1 | V VISA INC | Financial Services | 6.1% | $2.0bn | 8,231,252 | -9% | reduced |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 5.9% | $1.9bn | 14,622,704 | -4% | reduced |
| 3 | DXCM DEXCOM INC | Healthcare | 5.2% | $1.7bn | 13,103,127 | -5% | reduced |
| 4 | LRCX LAM RESEARCH CORP | Technology | 4.2% | $1.4bn | 2,105,046 | -6% | reduced |
| 5 | MELI MERCADOLIBRE INC | Consumer Cyclical | 4.1% | $1.3bn | 1,109,415 | -4% | reduced |
| 6 | MSFT MICROSOFT CORP | Technology | 4.0% | $1.3bn | 3,808,703 | 131% | added |
| 7 | NVDA NVIDIA CORPORATION | Technology | 4.0% | $1.3bn | 3,057,672 | 63% | added |
| 8 | NOW SERVICENOW INC | Technology | 3.8% | $1.2bn | 2,204,473 | -7% | reduced |
| 9 | NFLX NETFLIX INC | Communication Services | 3.8% | $1.2bn | 2,803,822 | -11% | reduced |
| 10 | SHOP SHOPIFY INC | Technology | 3.3% | $1.1bn | 16,353,904 | -31% | reduced |
| 11 | ENTG ENTEGRIS INC | Technology | 3.2% | $1.0bn | 9,329,123 | 6% | added |
| 12 | ASML ASML HOLDING N V | Technology | 3.1% | $1.0bn | 1,389,897 | -9% | reduced |
| 13 | XYZ BLOCK INC | Technology | 3.0% | $963.5m | 14,473,603 | -3% | reduced |
| 14 | SE SEA LTD | Consumer Cyclical | 2.8% | $904.1m | 15,576,947 | -1% | reduced |
| 15 | SNOW SNOWFLAKE INC | Technology | 2.7% | $874.8m | 4,971,043 | -3% | reduced |
| 16 | TEAM ATLASSIAN CORPORATION | Technology | 2.7% | $859.4m | 5,121,260 | -4% | reduced |
| 17 | NET CLOUDFLARE INC | Technology | 2.3% | $745.5m | 11,404,544 | -22% | reduced |
| 18 | CSGP COSTAR GROUP INC | Real Estate | 2.3% | $741.0m | 8,325,696 | -13% | reduced |
| 19 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 2.3% | $728.7m | 2,060,518 | -10% | reduced |
| 20 | DASH DOORDASH INC | Consumer Cyclical | 2.1% | $661.1m | 8,650,798 | -3% | reduced |
| 21 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.8% | $587.0m | 5,816,094 | -0% | held |
| 22 | META META PLATFORMS INC | Communication Services | 1.7% | $561.5m | 1,956,686 | – | new |
| 23 | GOOGL ALPHABET INC | Communication Services | 1.6% | $520.5m | 4,348,749 | -1% | reduced |
| 24 | NKE NIKE INC | Consumer Cyclical | 1.6% | $510.0m | 4,621,271 | -1% | reduced |
| 25 | DDOG DATADOG INC | Technology | 1.4% | $448.1m | 4,554,589 | 12% | added |
| 26 | APTV APTIV PLC | Consumer Cyclical | 1.4% | $442.6m | 4,335,799 | -1% | reduced |
| 27 | EW EDWARDS LIFESCIENCES CORP | Healthcare | 1.4% | $439.9m | 4,663,213 | -25% | reduced |
| 28 | UBER UBER TECHNOLOGIES INC | Technology | 1.4% | $439.8m | 10,186,630 | -6% | reduced |
| 29 | OKTA OKTA INC | Technology | 1.2% | $397.8m | 5,735,691 | -1% | reduced |
| 30 | AXON AXON ENTERPRISE INC | Industrials | 1.2% | $388.9m | 1,993,126 | 102% | added |
| 31 | ABNB AIRBNB INC | Consumer Cyclical | 1.1% | $364.3m | 2,842,641 | -4% | reduced |
| 32 | NU NU HLDGS LTD | Financial Services | 1.0% | $331.0m | 41,953,429 | -0% | held |
| 33 | GLOB GLOBANT S A | Technology | 0.8% | $273.5m | 1,522,069 | 8% | added |
| 34 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.8% | $265.7m | 2,555,728 | -23% | reduced |
| 35 | XP XP INC | Financial Services | 0.8% | $262.4m | 11,186,052 | -0% | held |
| 36 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 0.8% | $249.0m | 2,386,585 | -1% | reduced |
| 37 | MTCH MATCH GROUP INC NEW | Communication Services | 0.7% | $240.1m | 5,737,364 | -5% | reduced |
| 38 | CPNG COUPANG INC | Consumer Cyclical | 0.7% | $237.2m | 13,632,642 | 15% | added |
| 39 | TXG 10X GENOMICS INC | Healthcare | 0.7% | $230.1m | 4,120,269 | 10% | added |
| 40 | RGEN REPLIGEN CORP | Healthcare | 0.7% | $225.5m | 1,594,179 | -1% | reduced |
| 41 | ROP ROPER TECHNOLOGIES INC | Technology | 0.6% | $200.2m | 416,363 | -2% | reduced |
| 42 | LIBERTY MEDIA CORP DEL | 0.6% | $194.8m | 2,587,437 | -2% | reduced | |
| 43 | HDB HDFC BANK LTD | Financial Services | 0.6% | $184.8m | 2,652,077 | -2% | reduced |
| 44 | TDG TRANSDIGM GROUP INC | Industrials | 0.4% | $136.8m | 152,980 | -2% | reduced |
| 45 | CHTR CHARTER COMMUNICATIONS INC n | Communication Services | 0.4% | $123.9m | 337,316 | -58% | reduced |
| 46 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 0.4% | $123.3m | 2,673,638 | – | new |
| 47 | IQV IQVIA HLDGS INC | Healthcare | 0.4% | $121.5m | 540,585 | -2% | reduced |
| 48 | TXN TEXAS INSTRS INC | Technology | 0.4% | $121.3m | 673,819 | -6% | reduced |
| 49 | STE STERIS PLC | Healthcare | 0.3% | $95.5m | 424,260 | -2% | reduced |
| 50 | GOOG ALPHABET INC | Communication Services | 0.3% | $93.0m | 768,940 | -46% | 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.