Sands Capital Management 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
Sands Capital Management disclosed 71 US equity positions worth $33.8bn in its Q4 2024 13F filing. The largest position was NVDA at 8.8% of the reported book, followed by AMZN and NOW. Against the Q3 2024 filing, it opened 3 new positions, added to 12 and reduced 34 among the top 50 holdings.
What did Sands Capital Management own in Q4 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 8.8% | $3.0bn | 22,039,413 | -4% | reduced |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 7.7% | $2.6bn | 11,807,720 | -6% | reduced |
| 3 | NOW SERVICENOW INC | Technology | 4.6% | $1.5bn | 1,452,255 | 23% | added |
| 4 | SHOP SHOPIFY INC | Technology | 4.3% | $1.5bn | 13,778,939 | -9% | reduced |
| 5 | V VISA INC | Financial Services | 4.3% | $1.4bn | 4,548,250 | -8% | reduced |
| 6 | NFLX NETFLIX INC | Communication Services | 3.9% | $1.3bn | 1,482,174 | -5% | reduced |
| 7 | ASML ASML HOLDING N V | Technology | 3.7% | $1.2bn | 1,785,776 | -7% | reduced |
| 8 | MSFT MICROSOFT CORP | Technology | 3.5% | $1.2bn | 2,803,908 | -8% | reduced |
| 9 | AXON AXON ENTERPRISE INC | Industrials | 3.5% | $1.2bn | 1,977,236 | -6% | reduced |
| 10 | MELI MERCADOLIBRE INC | Consumer Cyclical | 3.4% | $1.1bn | 668,506 | -12% | reduced |
| 11 | TEAM ATLASSIAN CORPORATION | Technology | 3.3% | $1.1bn | 4,520,175 | 6% | added |
| 12 | DASH DOORDASH INC | Consumer Cyclical | 2.9% | $988.4m | 5,891,970 | -1% | reduced |
| 13 | XYZ BLOCK INC | Technology | 2.6% | $878.8m | 10,339,834 | -8% | reduced |
| 14 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.6% | $869.1m | 4,400,922 | -6% | reduced |
| 15 | DXCM DEXCOM INC | Healthcare | 2.6% | $864.0m | 11,109,501 | 8% | added |
| 16 | NET CLOUDFLARE INC | Technology | 2.5% | $836.2m | 7,766,054 | 22% | added |
| 17 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 2.5% | $831.8m | 1,859,330 | 86% | added |
| 18 | SE SEA LTD | Consumer Cyclical | 2.3% | $784.3m | 7,391,632 | -11% | reduced |
| 19 | META META PLATFORMS INC | Communication Services | 2.3% | $779.8m | 1,331,896 | -6% | reduced |
| 20 | ENTG ENTEGRIS INC | Technology | 2.1% | $714.6m | 7,214,073 | -7% | reduced |
| 21 | GOOGL ALPHABET INC | Communication Services | 2.0% | $685.2m | 3,619,415 | -4% | reduced |
| 22 | AAPL APPLE INC | Technology | 2.0% | $679.9m | 2,715,054 | -1% | reduced |
| 23 | NU NU HLDGS LTD | Financial Services | 1.8% | $600.8m | 57,989,285 | -9% | reduced |
| 24 | FLUTTER ENTMT PLC | 1.8% | $597.2m | 2,310,697 | 14% | added | |
| 25 | DDOG DATADOG INC | Technology | 1.5% | $503.9m | 3,526,424 | -17% | reduced |
| 26 | IOT SAMSARA INC | Technology | 1.3% | $453.1m | 10,369,764 | 26% | added |
| 27 | SNOW SNOWFLAKE INC | Technology | 1.3% | $450.5m | 2,917,641 | -4% | reduced |
| 28 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 1.2% | $408.9m | 2,744,278 | 24% | added |
| 29 | NKE NIKE INC | Consumer Cyclical | 0.9% | $299.4m | 3,957,012 | -4% | reduced |
| 30 | CPNG COUPANG INC | Consumer Cyclical | 0.8% | $286.9m | 13,052,550 | -0% | held |
| 31 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 0.8% | $286.4m | 3,176,702 | 50% | added |
| 32 | APP APPLOVIN CORP | Communication Services | 0.8% | $267.6m | 826,394 | – | new |
| 33 | RBLX ROBLOX CORP | Communication Services | 0.7% | $243.9m | 4,215,531 | -5% | reduced |
| 34 | UBER UBER TECHNOLOGIES INC | Technology | 0.7% | $242.7m | 4,023,173 | 50% | added |
| 35 | LIBERTY MEDIA CORP DEL | 0.7% | $232.0m | 2,504,064 | -1% | reduced | |
| 36 | GLOB GLOBANT S A | Technology | 0.6% | $212.6m | 991,370 | -3% | reduced |
| 37 | RGEN REPLIGEN CORP | Healthcare | 0.6% | $196.4m | 1,364,258 | -4% | reduced |
| 38 | HDB HDFC BANK LTD | Financial Services | 0.5% | $183.7m | 2,876,252 | -1% | reduced |
| 39 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 0.5% | $180.8m | 4,298,003 | -16% | reduced |
| 40 | TTEK TETRA TECH INC NEW | Industrials | 0.5% | $172.8m | 4,338,203 | – | new |
| 41 | ROP ROPER TECHNOLOGIES INC | Technology | 0.5% | $169.5m | 325,962 | -17% | reduced |
| 42 | KASPI KZ JSC | 0.4% | $136.5m | 1,441,486 | -2% | reduced | |
| 43 | ABNB AIRBNB INC | Consumer Cyclical | 0.4% | $131.7m | 1,002,322 | -4% | reduced |
| 44 | GOOG ALPHABET INC | Communication Services | 0.4% | $125.2m | 657,443 | -4% | reduced |
| 45 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 0.3% | $112.3m | 3,400,833 | – | new |
| 46 | TDG TRANSDIGM GROUP INC | Industrials | 0.3% | $109.5m | 86,405 | -25% | reduced |
| 47 | RACE FERRARI N V | Consumer Cyclical | 0.3% | $105.5m | 248,314 | 19% | added |
| 48 | WCN WASTE CONNECTIONS INC | Industrials | 0.3% | $102.4m | 596,885 | 34% | added |
| 49 | GRAB HOLDINGS LIMITED | 0.3% | $100.9m | 21,377,711 | -3% | reduced | |
| 50 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.3% | $88.9m | 175,714 | -24% | 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.