Sands Capital Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 74 US equity positions worth $32.9bn in its Q4 2023 13F filing. The largest position was AMZN at 6.1% of the reported book, followed by DXCM and V. Against the Q3 2023 filing, it opened 0 new positions, added to 18 and reduced 32 among the top 50 holdings.
What did Sands Capital Management own in Q4 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 6.1% | $2.0bn | 13,226,458 | -6% | reduced |
| 2 | DXCM DEXCOM INC | Healthcare | 5.7% | $1.9bn | 15,058,806 | 10% | added |
| 3 | V VISA INC | Financial Services | 5.1% | $1.7bn | 6,473,745 | -17% | reduced |
| 4 | NVDA NVIDIA CORPORATION | Technology | 4.7% | $1.5bn | 3,097,459 | -15% | reduced |
| 5 | MELI MERCADOLIBRE INC | Consumer Cyclical | 4.4% | $1.4bn | 920,701 | -10% | reduced |
| 6 | LRCX LAM RESEARCH CORP | Technology | 4.0% | $1.3bn | 1,680,182 | -13% | reduced |
| 7 | MSFT MICROSOFT CORP | Technology | 4.0% | $1.3bn | 3,473,119 | -16% | reduced |
| 8 | ASML ASML HOLDING N V | Technology | 3.7% | $1.2bn | 1,617,083 | 8% | added |
| 9 | NOW SERVICENOW INC | Technology | 3.6% | $1.2bn | 1,696,598 | -19% | reduced |
| 10 | SHOP SHOPIFY INC | Technology | 3.5% | $1.2bn | 14,805,951 | -6% | reduced |
| 11 | SNOW SNOWFLAKE INC | Technology | 3.3% | $1.1bn | 5,443,406 | 13% | added |
| 12 | XYZ BLOCK INC | Technology | 3.2% | $1.1bn | 13,748,994 | -2% | reduced |
| 13 | TEAM ATLASSIAN CORPORATION | Technology | 3.2% | $1.1bn | 4,443,216 | -11% | reduced |
| 14 | ENTG ENTEGRIS INC | Technology | 3.1% | $1.0bn | 8,464,883 | -6% | reduced |
| 15 | NFLX NETFLIX INC | Communication Services | 2.9% | $942.6m | 1,936,091 | -23% | reduced |
| 16 | NET CLOUDFLARE INC | Technology | 2.7% | $882.0m | 10,593,642 | -4% | reduced |
| 17 | OKTA OKTA INC | Technology | 2.3% | $756.7m | 8,358,414 | 42% | added |
| 18 | NU NU HLDGS LTD | Financial Services | 2.2% | $709.9m | 85,220,661 | 93% | added |
| 19 | DASH DOORDASH INC | Consumer Cyclical | 2.2% | $709.7m | 7,176,867 | -15% | reduced |
| 20 | META META PLATFORMS INC | Communication Services | 2.1% | $705.3m | 1,992,560 | -1% | reduced |
| 21 | AXON AXON ENTERPRISE INC | Industrials | 2.1% | $679.1m | 2,628,652 | 1% | added |
| 22 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.8% | $581.5m | 5,591,558 | -2% | reduced |
| 23 | GOOGL ALPHABET INC | Communication Services | 1.8% | $576.1m | 4,123,803 | -4% | reduced |
| 24 | DDOG DATADOG INC | Technology | 1.7% | $554.1m | 4,564,776 | 4% | added |
| 25 | CSGP COSTAR GROUP INC | Real Estate | 1.5% | $491.2m | 5,620,801 | -29% | reduced |
| 26 | NKE NIKE INC | Consumer Cyclical | 1.4% | $470.8m | 4,336,666 | -5% | reduced |
| 27 | EW EDWARDS LIFESCIENCES CORP | Healthcare | 1.4% | $465.4m | 6,103,702 | 35% | added |
| 28 | UBER UBER TECHNOLOGIES INC | Technology | 1.2% | $399.7m | 6,491,319 | -34% | reduced |
| 29 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 1.2% | $391.8m | 1,430,098 | -7% | reduced |
| 30 | ABNB AIRBNB INC | Consumer Cyclical | 1.1% | $349.2m | 2,564,680 | -7% | reduced |
| 31 | GLOB GLOBANT S A | Technology | 1.1% | $348.9m | 1,465,976 | -1% | reduced |
| 32 | SE SEA LTD | Consumer Cyclical | 0.9% | $297.6m | 7,348,797 | -54% | reduced |
| 33 | XP XP INC | Financial Services | 0.9% | $281.1m | 10,783,113 | -2% | reduced |
| 34 | RGEN REPLIGEN CORP | Healthcare | 0.8% | $268.9m | 1,495,337 | -5% | reduced |
| 35 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.8% | $249.9m | 2,239,965 | -9% | reduced |
| 36 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 0.7% | $239.5m | 2,237,750 | -5% | reduced |
| 37 | CPNG COUPANG INC | Consumer Cyclical | 0.7% | $233.8m | 14,440,552 | 1% | added |
| 38 | ROP ROPER TECHNOLOGIES INC | Technology | 0.6% | $207.3m | 380,189 | 8% | added |
| 39 | TXG 10X GENOMICS INC | Healthcare | 0.6% | $200.9m | 3,590,145 | -10% | reduced |
| 40 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 0.6% | $196.9m | 4,118,008 | 60% | added |
| 41 | MTCH MATCH GROUP INC NEW | Communication Services | 0.5% | $179.1m | 4,906,043 | -11% | reduced |
| 42 | HDB HDFC BANK LTD | Financial Services | 0.5% | $174.2m | 2,596,258 | 5% | added |
| 43 | LIBERTY MEDIA CORP DEL | 0.5% | $164.4m | 2,603,509 | 10% | added | |
| 44 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 0.4% | $124.3m | 319,860 | 6% | added |
| 45 | TDG TRANSDIGM GROUP INC | Industrials | 0.4% | $116.0m | 114,629 | 6% | added |
| 46 | GOOG ALPHABET INC | Communication Services | 0.3% | $102.0m | 723,757 | -5% | reduced |
| 47 | IQV IQVIA HLDGS INC | Healthcare | 0.3% | $91.7m | 396,321 | 6% | added |
| 48 | BZ KANZHUN LIMITED | Communication Services | 0.3% | $90.8m | 5,467,674 | -2% | reduced |
| 49 | TXN TEXAS INSTRS INC | Technology | 0.3% | $88.7m | 520,209 | 6% | added |
| 50 | STE STERIS PLC | Healthcare | 0.3% | $88.4m | 402,102 | 6% | 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.