Asset Manager · CIK 0001020066

Sands Capital Management

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Sands Capital Management, an asset manager overseeing $32.88B in disclosed equity holdings (SEC CIK 0001020066). The latest portfolio (2025Q4) discloses 66 positions across 6 sectors, with the largest positions in NVDA, TSM and AMZN. On a mark-to-market basis the tracked portfolio has returned 27.4% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Sands's filingsView holdings
Portfolio
$32.88B
Positions
66
Quarter
2025Q4
Filings tracked
40
1Y+27.4%Since filing+116.1%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1
Capital flow per quarter
BuysSellsNet
+$5.26B+$2.63B$0-$2.63B-$5.26B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$280M
Lifetime buys
$38.79B
Lifetime sells
$50.86B

Quarter activity

What changed in 2023Q4 - net new, added, trimmed, exited.
New positions1 name
  • G54950LINDE PLC
    +99
    $41K
Added to32 names
  • NUNU HLDGS LTD
    +40,992,413
    $341.5M
  • OKTAOKTA INC
    +2,486,456
    $225.1M
  • DXCMDEXCOM INC
    +1,398,136
    $173.5M
  • SNOWSNOWFLAKE INC
    +610,970
    $121.6M
  • EWEDWARDS LIFESCIENCES CORP
    +1,567,526
    $119.5M
  • ASMLASML HOLDING N V
    +121,847
    $92.2M
  • RAREULTRAGENYX PHARMACEUTICAL IN
    +1,540,791
    $73.7M
  • N3167YFERRARI N V
    +132,851
    $45.0M
  • DDOGDATADOG INC
    +162,108
    $19.7M
  • IWFISHARES TR
    +58,133
    $17.6M
  • FWONKLIBERTY MEDIA CORP DEL
    +236,926
    $15.0M
  • ROPROPER TECHNOLOGIES INC
    +26,912
    $14.7M
  • + 20 more…
Trimmed35 names
  • G6095LAPTIV PLC
    −4,217,206
    $378.4M
  • SESEA LTD
    −8,771,146
    $355.2M
  • VVISA INC
    −1,312,959
    $341.8M
  • NFLXNETFLIX INC
    −574,431
    $279.7M
  • NOWSERVICENOW INC
    −395,399
    $279.3M
  • NVDANVIDIA CORPORATION
    −558,268
    $276.5M
  • MSFTMICROSOFT CORP
    −662,681
    $249.2M
  • UBERUBER TECHNOLOGIES INC
    −3,325,545
    $204.8M
  • CSGPCOSTAR GROUP INC
    −2,310,039
    $201.9M
  • LRCXEURLAM RESEARCH CORP
    −253,811
    $198.8M
  • MELIMERCADOLIBRE INC
    −102,947
    $161.8M
  • AMZNAMAZON COM INC
    −918,321
    $139.5M
  • + 23 more…
Exited2 names
  • CHGGCHEGG INC
    −4,782,211
    $42.7M
  • ZLABZAI LAB LTD
    −98
    $2K

Recent transactions

Last 20 moves
TRIM
Sands Capital Management trimmed DDOG
DATADOG INC
−380,880
~$135.99 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed RARE
ULTRAGENYX PHARMACEUTICAL IN
−284,129
~$23.00 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed META
META PLATFORMS INC
−133,193
~$660.09 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in IWF
ISHARES TR
+8,215
~$473.30 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in PWR
QUANTA SVCS INC
+576,896
~$422.06 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in PLTR
PALANTIR TECHNOLOGIES INC
+19,840
~$177.75 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in CRS
CARPENTER TECHNOLOGY CORP
+621,684
~$314.84 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in BSX
BOSTON SCIENTIFIC CORP
+805,164
~$95.35 · 2025Q4
2026-02-13
NEW
Sands Capital Management opened a new position in BABA
ALIBABA GROUP HLDG LTD
+7,511
~$146.58 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed WCN
WASTE CONNECTIONS INC
−217,314
~$175.36 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed V
VISA INC
−936,904
~$350.71 · 2025Q4
2026-02-13
SOLD
Sands Capital Management exited VG
VENTURE GLOBAL INC
−7,484,070
~$14.19 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to TDG
TRANSDIGM GROUP INC
+9,883
~$1329.85 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed TTEK
TETRA TECH INC NEW
−172,028
~$33.54 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed TSM
TAIWAN SEMICONDUCTOR MFG LTD
−2,425,714
~$303.89 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to T9224W109
STEVANATO GROUP S P A
+28,075
~$20.12 · 2025Q4
2026-02-13
TRIM
Sands Capital Management trimmed SPOT
SPOTIFY TECHNOLOGY S A
−77,792
~$580.71 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to SHOP
SHOPIFY INC
+2,568,765
~$160.97 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to NOW
SERVICENOW INC
+2,596,637
~$153.19 · 2025Q4
2026-02-13
ADD
Sands Capital Management added to SE
SEA LTD
+617,846
~$127.57 · 2025Q4
2026-02-13