Sands Capital Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 76 US equity positions worth $35.8bn in its Q1 2024 13F filing. The largest position was NVDA at 6.8% of the reported book, followed by AMZN and ASML. Against the Q4 2023 filing, it opened 2 new positions, added to 9 and reduced 38 among the top 50 holdings.
What did Sands Capital Management own in Q1 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 6.8% | $2.4bn | 2,698,401 | -13% | reduced |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 6.3% | $2.3bn | 12,508,711 | -5% | reduced |
| 3 | ASML ASML HOLDING N V | Technology | 5.8% | $2.1bn | 2,146,867 | 33% | added |
| 4 | V VISA INC | Financial Services | 4.9% | $1.7bn | 6,225,388 | -4% | reduced |
| 5 | DXCM DEXCOM INC | Healthcare | 4.2% | $1.5bn | 10,896,764 | -28% | reduced |
| 6 | MSFT MICROSOFT CORP | Technology | 4.0% | $1.4bn | 3,373,000 | -3% | reduced |
| 7 | LRCX LAM RESEARCH CORP | Technology | 3.8% | $1.4bn | 1,414,612 | -16% | reduced |
| 8 | MELI MERCADOLIBRE INC | Consumer Cyclical | 3.6% | $1.3bn | 856,065 | -7% | reduced |
| 9 | ENTG ENTEGRIS INC | Technology | 3.2% | $1.1bn | 8,058,899 | -5% | reduced |
| 10 | NOW SERVICENOW INC | Technology | 3.0% | $1.1bn | 1,428,149 | -16% | reduced |
| 11 | NU NU HLDGS LTD | Financial Services | 3.0% | $1.1bn | 88,565,044 | 4% | added |
| 12 | META META PLATFORMS INC | Communication Services | 3.0% | $1.1bn | 2,173,637 | 9% | added |
| 13 | NFLX NETFLIX INC | Communication Services | 2.9% | $1.0bn | 1,687,387 | -13% | reduced |
| 14 | SHOP SHOPIFY INC | Technology | 2.9% | $1.0bn | 13,239,020 | -11% | reduced |
| 15 | XYZ BLOCK INC | Technology | 2.8% | $1.0bn | 11,947,814 | -13% | reduced |
| 16 | OKTA OKTA INC | Technology | 2.6% | $945.6m | 9,038,677 | 8% | added |
| 17 | DASH DOORDASH INC | Consumer Cyclical | 2.6% | $940.2m | 6,826,736 | -5% | reduced |
| 18 | SNOW SNOWFLAKE INC | Technology | 2.3% | $830.8m | 5,140,945 | -6% | reduced |
| 19 | TEAM ATLASSIAN CORPORATION | Technology | 2.3% | $821.6m | 4,210,974 | -5% | reduced |
| 20 | AXON AXON ENTERPRISE INC | Industrials | 2.2% | $791.6m | 2,530,094 | -4% | reduced |
| 21 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.0% | $709.9m | 5,217,894 | -7% | reduced |
| 22 | NET CLOUDFLARE INC | Technology | 1.8% | $626.1m | 6,466,122 | -39% | reduced |
| 23 | GOOGL ALPHABET INC | Communication Services | 1.6% | $571.3m | 3,785,236 | -8% | reduced |
| 24 | EW EDWARDS LIFESCIENCES CORP | Healthcare | 1.6% | $554.5m | 5,802,552 | -5% | reduced |
| 25 | DDOG DATADOG INC | Technology | 1.5% | $530.7m | 4,293,387 | -6% | reduced |
| 26 | CSGP COSTAR GROUP INC | Real Estate | 1.5% | $519.3m | 5,375,482 | -4% | reduced |
| 27 | SE SEA LTD | Consumer Cyclical | 1.4% | $501.0m | 9,328,229 | 27% | added |
| 28 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 1.2% | $444.8m | 1,356,310 | -5% | reduced |
| 29 | FLUTTER ENTMT PLC | 1.1% | $409.2m | 2,072,134 | – | new | |
| 30 | ABNB AIRBNB INC | Consumer Cyclical | 1.1% | $402.3m | 2,439,061 | -5% | reduced |
| 31 | NKE NIKE INC | Consumer Cyclical | 1.1% | $390.4m | 4,154,199 | -4% | reduced |
| 32 | UBER UBER TECHNOLOGIES INC | Technology | 1.1% | $389.6m | 5,060,223 | -22% | reduced |
| 33 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.8% | $271.6m | 2,095,384 | -6% | reduced |
| 34 | GLOB GLOBANT S A | Technology | 0.8% | $271.4m | 1,344,335 | -8% | reduced |
| 35 | RGEN REPLIGEN CORP | Healthcare | 0.7% | $263.5m | 1,432,737 | -4% | reduced |
| 36 | XP XP INC | Financial Services | 0.7% | $249.0m | 9,705,411 | -10% | reduced |
| 37 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 0.7% | $248.6m | 2,143,026 | -4% | reduced |
| 38 | CPNG COUPANG INC | Consumer Cyclical | 0.7% | $234.0m | 13,156,258 | -9% | reduced |
| 39 | KASPI KZ JSC | 0.6% | $212.0m | 1,648,137 | – | new | |
| 40 | ROP ROPER TECHNOLOGIES INC | Technology | 0.6% | $211.1m | 376,488 | -1% | reduced |
| 41 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 0.5% | $180.2m | 3,859,447 | -6% | reduced |
| 42 | LIBERTY MEDIA CORP DEL | 0.5% | $167.1m | 2,546,921 | -2% | reduced | |
| 43 | TDG TRANSDIGM GROUP INC | Industrials | 0.4% | $144.1m | 117,010 | 2% | added |
| 44 | HDB HDFC BANK LTD | Financial Services | 0.4% | $136.2m | 2,432,967 | -6% | reduced |
| 45 | TXG 10X GENOMICS INC | Healthcare | 0.4% | $127.0m | 3,383,141 | -6% | reduced |
| 46 | GOOG ALPHABET INC | Communication Services | 0.3% | $105.1m | 690,488 | -5% | reduced |
| 47 | IQV IQVIA HLDGS INC | Healthcare | 0.3% | $102.2m | 403,956 | 2% | added |
| 48 | RACE FERRARI N V | Consumer Cyclical | 0.3% | $96.3m | 220,901 | 0% | held |
| 49 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 0.3% | $94.8m | 326,022 | 2% | added |
| 50 | TXN TEXAS INSTRS INC | Technology | 0.3% | $92.4m | 530,226 | 2% | 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.