Sands Capital Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 75 US equity positions worth $29.4bn in its Q3 2023 13F filing. The largest position was AMZN at 6.1% of the reported book, followed by V and NVDA. Against the Q2 2023 filing, it opened 1 new position, added to 10 and reduced 39 among the top 50 holdings.
What did Sands Capital Management own in Q3 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 6.1% | $1.8bn | 14,144,779 | -3% | reduced |
| 2 | V VISA INC | Financial Services | 6.1% | $1.8bn | 7,786,704 | -5% | reduced |
| 3 | NVDA NVIDIA CORPORATION | Technology | 5.4% | $1.6bn | 3,655,727 | 20% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 4.4% | $1.3bn | 4,135,800 | 9% | added |
| 5 | MELI MERCADOLIBRE INC | Consumer Cyclical | 4.4% | $1.3bn | 1,023,648 | -8% | reduced |
| 6 | DXCM DEXCOM INC | Healthcare | 4.3% | $1.3bn | 13,660,670 | 4% | added |
| 7 | LRCX LAM RESEARCH CORP | Technology | 4.1% | $1.2bn | 1,933,993 | -8% | reduced |
| 8 | NOW SERVICENOW INC | Technology | 4.0% | $1.2bn | 2,091,997 | -5% | reduced |
| 9 | TEAM ATLASSIAN CORPORATION | Technology | 3.4% | $1.0bn | 4,985,915 | -3% | reduced |
| 10 | NFLX NETFLIX INC | Communication Services | 3.2% | $948.0m | 2,510,522 | -10% | reduced |
| 11 | ASML ASML HOLDING N V | Technology | 3.0% | $880.2m | 1,495,236 | 8% | added |
| 12 | SHOP SHOPIFY INC | Technology | 2.9% | $859.8m | 15,756,715 | -4% | reduced |
| 13 | ENTG ENTEGRIS INC | Technology | 2.9% | $841.9m | 8,965,192 | -4% | reduced |
| 14 | SNOW SNOWFLAKE INC | Technology | 2.5% | $738.3m | 4,832,436 | -3% | reduced |
| 15 | SE SEA LTD | Consumer Cyclical | 2.4% | $708.5m | 16,119,943 | 3% | added |
| 16 | NET CLOUDFLARE INC | Technology | 2.4% | $693.9m | 11,007,391 | -3% | reduced |
| 17 | DASH DOORDASH INC | Consumer Cyclical | 2.3% | $668.9m | 8,417,197 | -3% | reduced |
| 18 | XYZ BLOCK INC | Technology | 2.1% | $621.5m | 14,042,649 | -3% | reduced |
| 19 | CSGP COSTAR GROUP INC | Real Estate | 2.1% | $609.8m | 7,930,840 | -5% | reduced |
| 20 | META META PLATFORMS INC | Communication Services | 2.1% | $603.1m | 2,009,033 | 3% | added |
| 21 | GOOGL ALPHABET INC | Communication Services | 1.9% | $561.5m | 4,290,753 | -1% | reduced |
| 22 | AXON AXON ENTERPRISE INC | Industrials | 1.8% | $519.8m | 2,612,305 | 31% | added |
| 23 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.7% | $493.8m | 5,682,915 | -2% | reduced |
| 24 | OKTA OKTA INC | Technology | 1.6% | $478.6m | 5,871,958 | 2% | added |
| 25 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 1.6% | $467.6m | 1,531,666 | -26% | reduced |
| 26 | UBER UBER TECHNOLOGIES INC | Technology | 1.5% | $451.5m | 9,816,864 | -4% | reduced |
| 27 | NKE NIKE INC | Consumer Cyclical | 1.5% | $435.2m | 4,551,637 | -2% | reduced |
| 28 | APTV APTIV PLC | Consumer Cyclical | 1.4% | $416.6m | 4,225,733 | -3% | reduced |
| 29 | DDOG DATADOG INC | Technology | 1.4% | $401.0m | 4,402,668 | -3% | reduced |
| 30 | ABNB AIRBNB INC | Consumer Cyclical | 1.3% | $379.7m | 2,767,415 | -3% | reduced |
| 31 | NU NU HLDGS LTD | Financial Services | 1.1% | $320.7m | 44,228,248 | 5% | added |
| 32 | EW EDWARDS LIFESCIENCES CORP | Healthcare | 1.1% | $314.3m | 4,536,176 | -3% | reduced |
| 33 | GLOB GLOBANT S A | Technology | 1.0% | $293.1m | 1,481,250 | -3% | reduced |
| 34 | XP XP INC | Financial Services | 0.9% | $254.0m | 11,018,007 | -2% | reduced |
| 35 | RGEN REPLIGEN CORP | Healthcare | 0.8% | $249.7m | 1,570,363 | -1% | reduced |
| 36 | CPNG COUPANG INC | Consumer Cyclical | 0.8% | $243.8m | 14,342,509 | 5% | added |
| 37 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.8% | $222.9m | 2,462,861 | -4% | reduced |
| 38 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 0.8% | $221.5m | 2,349,720 | -2% | reduced |
| 39 | MTCH MATCH GROUP INC NEW | Communication Services | 0.7% | $216.6m | 5,528,424 | -4% | reduced |
| 40 | ROP ROPER TECHNOLOGIES INC | Technology | 0.6% | $171.1m | 353,277 | -15% | reduced |
| 41 | TXG 10X GENOMICS INC | Healthcare | 0.6% | $164.4m | 3,985,470 | -3% | reduced |
| 42 | LIBERTY MEDIA CORP DEL | 0.5% | $147.4m | 2,366,583 | – | new | |
| 43 | HDB HDFC BANK LTD | Financial Services | 0.5% | $145.5m | 2,466,258 | -7% | reduced |
| 44 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 0.5% | $133.2m | 302,748 | -10% | reduced |
| 45 | GOOG ALPHABET INC | Communication Services | 0.3% | $100.2m | 760,193 | -1% | reduced |
| 46 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 0.3% | $91.9m | 2,577,217 | -4% | reduced |
| 47 | TDG TRANSDIGM GROUP INC | Industrials | 0.3% | $91.4m | 108,388 | -29% | reduced |
| 48 | BZ KANZHUN LIMITED | Communication Services | 0.3% | $84.7m | 5,580,361 | -1% | reduced |
| 49 | STE STERIS PLC | Healthcare | 0.3% | $83.5m | 380,655 | -10% | reduced |
| 50 | TXN TEXAS INSTRS INC | Technology | 0.3% | $78.3m | 492,402 | -27% | 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.