Sands Capital Management 13F holdings, Q2 2026
Holdings as of June 30, 2026 · filings on SEC EDGAR · this is the latest filing on record
Sands Capital Management disclosed 71 US equity positions worth $26.9bn in its Q2 2026 13F filing. The largest position was NVDA at 10.4% of the reported book, followed by TSM and GOOGL. Against the Q1 2026 filing, it opened 7 new positions, added to 7 and reduced 36 among the top 50 holdings.
What did Sands Capital Management own in Q2 2026? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2026 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 10.4% | $2.8bn | 14,059,454 | -22% | reduced |
| 2 | TSM TAIWAN SEMICONDUCTOR MANUFAC | Technology | 7.0% | $1.9bn | 3,925,440 | -33% | reduced |
| 3 | GOOGL ALPHABET INC | Communication Services | 6.5% | $1.7bn | 4,893,397 | -5% | reduced |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 4.3% | $1.2bn | 4,861,223 | -28% | reduced |
| 5 | ASML ASML HLDG NV | Technology | 3.9% | $1.1bn | 533,693 | -17% | reduced |
| 6 | BE BLOOM ENERGY CORP | Industrials | 3.3% | $885.9m | 2,926,558 | 65% | added |
| 7 | AXON AXON ENTERPRISE INC | Industrials | 3.1% | $830.2m | 1,480,817 | -5% | reduced |
| 8 | SHOP SHOPIFY INC | Technology | 3.1% | $826.9m | 7,242,079 | -19% | reduced |
| 9 | V VISA INC | Financial Services | 3.0% | $815.6m | 2,377,099 | -14% | reduced |
| 10 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 3.0% | $808.6m | 1,761,206 | -2% | reduced |
| 11 | NET CLOUDFLARE INC | Technology | 3.0% | $794.6m | 3,239,504 | -12% | reduced |
| 12 | STX SEAGATE TECHNOLOGY HLDNGS PL | Technology | 2.6% | $695.5m | 720,741 | 36% | added |
| 13 | MELI MERCADOLIBRE INC | Consumer Cyclical | 2.4% | $642.0m | 378,208 | -20% | reduced |
| 14 | MU MICRON TECHNOLOGY INC | Technology | 2.3% | $608.1m | 526,810 | – | new |
| 15 | CVNA CARVANA CO | Consumer Cyclical | 2.1% | $557.0m | 8,462,945 | 300% | added |
| 16 | META META PLATFORMS INC | Communication Services | 2.0% | $546.3m | 969,879 | -24% | reduced |
| 17 | PWR QUANTA SVCS INC | Industrials | 2.0% | $540.4m | 750,479 | 20% | added |
| 18 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 1.9% | $499.3m | 4,055,771 | -7% | reduced |
| 19 | ISRG INTUITIVE SURGICAL INC | Healthcare | 1.8% | $498.1m | 1,252,424 | -5% | reduced |
| 20 | LRCX LAM RESEARCH CORP | Technology | 1.8% | $491.4m | 1,133,965 | 50% | added |
| 21 | MSFT MICROSOFT CORP | Technology | 1.8% | $488.4m | 1,309,230 | -14% | reduced |
| 22 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 1.8% | $484.9m | 786,150 | -5% | reduced |
| 23 | DASH DOORDASH INC | Consumer Cyclical | 1.6% | $429.2m | 2,325,795 | -41% | reduced |
| 24 | APP APPLOVIN CORP | Communication Services | 1.6% | $428.5m | 831,697 | -14% | reduced |
| 25 | XYZ BLOCK INC | Technology | 1.6% | $428.1m | 5,632,505 | 2% | added |
| 26 | AVGO BROADCOM INC | Technology | 1.6% | $425.7m | 1,126,912 | -20% | reduced |
| 27 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.5% | $390.7m | 672,555 | – | new |
| 28 | SPACE EXPLORATION TECHN CORP | 1.4% | $389.0m | 2,276,744 | – | new | |
| 29 | NFLX NETFLIX INC. | Communication Services | 1.4% | $381.0m | 5,336,614 | -43% | reduced |
| 30 | IOT SAMSARA INC | Technology | 1.4% | $368.0m | 11,348,732 | -28% | reduced |
| 31 | SNDK SANDISK CORP | Technology | 1.3% | $348.1m | 153,093 | – | new |
| 32 | CSL CARLISLE COS INC | Industrials | 1.1% | $290.2m | 799,872 | -13% | reduced |
| 33 | SE SEA LTD | Consumer Cyclical | 1.1% | $287.3m | 2,998,337 | -37% | reduced |
| 34 | ARGX ARGENX SE | Healthcare | 1.0% | $277.0m | 298,599 | -12% | reduced |
| 35 | ON HLDG AG | 1.0% | $265.1m | 7,485,043 | 18% | added | |
| 36 | DDOG DATADOG INC | Technology | 1.0% | $260.3m | 999,799 | -29% | reduced |
| 37 | SPHR SPHERE ENTERTAINMENT CO | Communication Services | 0.9% | $235.0m | 1,358,321 | – | new |
| 38 | ARM ARM HOLDINGS PLC | Technology | 0.8% | $227.9m | 642,829 | – | new |
| 39 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 0.8% | $204.3m | 2,283,236 | -13% | reduced |
| 40 | NU NU HLDGS LTD | Financial Services | 0.6% | $166.7m | 12,475,806 | -64% | reduced |
| 41 | LIBERTY MEDIA CORP DEL | 0.5% | $143.6m | 1,509,193 | -3% | reduced | |
| 42 | MCK MCKESSON CORP | Healthcare | 0.5% | $138.7m | 183,535 | -9% | reduced |
| 43 | APH AMPHENOL CORP | Technology | 0.5% | $134.7m | 763,951 | -5% | reduced |
| 44 | KASPI KZ JSC | 0.5% | $132.6m | 1,531,017 | -3% | reduced | |
| 45 | CPNG COUPANG INC | Consumer Cyclical | 0.5% | $131.3m | 7,559,132 | -18% | reduced |
| 46 | TDG TRANSDIGM GROUP INC | Industrials | 0.4% | $119.4m | 89,669 | -5% | reduced |
| 47 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 0.4% | $105.5m | 3,158,368 | -2% | reduced |
| 48 | RACE FERRARI N V | Consumer Cyclical | 0.4% | $104.3m | 280,101 | -3% | reduced |
| 49 | WCN WASTE CONNECTIONS INC | Industrials | 0.4% | $101.6m | 609,721 | -4% | reduced |
| 50 | WWD WOODWARD INC | Industrials | 0.2% | $65.4m | 153,660 | – | new |
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.