Filed: 2/13/2025ACC: 0001020066-25-000014
📋 What this filing means
SANDS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 71 equity positions with a total reported market value of $33.80B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
71
Positions
$33.80B
Total AUM (reported)
305.75M
Total Shares
Allocation by class
COM$16.66B49.3%
CL A$6.40B18.9%
COM CL A$2.29B6.8%
SHS$1.54B4.6%
SPONSORED ADS$1.43B4.2%
CL A COM$1.34B4.0%
N Y REGISTRY SHS$1.24B3.7%
Portfolio Concentration
Top 3$7.09B21.0%
4–10$8.96B26.5%
11–25$11.71B34.7%
Rest$6.04B17.9%
Top 3 weight
21.0%
Top 10 weight
47.5%
Voting Authority Distribution
Total shares with voting rights: 305.75M
Sole
Full voting authority
220.04M
shares
% of voting shares72.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
85.72M
shares
% of voting shares28.0%
Investment Discretion (by position count)
Sole71
Shared0
Other0
Dominant voting typeSole · 72.0% of voting shares
Institutional Holdings71
Rows:
NVIDIA CORPORATION
SOLEShares22.04M
TypeSH
Market value$2.96B
8.76%
Sole
15.57M
Shared
0.00
None
6.47M
AMAZON COM INC
SOLEShares11.81M
TypeSH
Market value$2.59B
7.67%
Sole
8.43M
Shared
0.00
None
3.38M
SERVICENOW INC
SOLEShares1.45M
TypeSH
Market value$1.54B
4.56%
Sole
1.07M
Shared
0.00
None
380.19K
SHOPIFY INC
SOLEShares13.78M
TypeSH
Market value$1.47B
4.34%
Sole
10.15M
Shared
0.00
None
3.63M
VISA INC
SOLEShares4.55M
TypeSH
Market value$1.44B
4.25%
Sole
3.32M
Shared
0.00
None
1.22M
NETFLIX INC
SOLEShares1.48M
TypeSH
Market value$1.32B
3.91%
Sole
1.04M
Shared
0.00
None
444.43K
ASML HOLDING N V
SOLEShares1.79M
TypeSH
Market value$1.24B
3.66%
Sole
1.26M
Shared
0.00
None
526.01K
MICROSOFT CORP
SOLEShares2.80M
TypeSH
Market value$1.18B
3.50%
Sole
2.10M
Shared
0.00
None
706.99K
AXON ENTERPRISE INC
SOLEShares1.98M
TypeSH
Market value$1.18B
3.48%
Sole
1.43M
Shared
0.00
None
551.19K
MERCADOLIBRE INC
SOLEShares668.51K
TypeSH
Market value$1.14B
3.36%
Sole
467.98K
Shared
0.00
None
200.53K
ATLASSIAN CORPORATION
SOLEShares4.52M
TypeSH
Market value$1.10B
3.26%
Sole
3.17M
Shared
0.00
None
1.35M
DOORDASH INC
SOLEShares5.89M
TypeSH
Market value$988.38M
2.92%
Sole
4.15M
Shared
0.00
None
1.74M
BLOCK INC
SOLEShares10.34M
TypeSH
Market value$878.78M
2.60%
Sole
7.18M
Shared
0.00
None
3.16M
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares4.40M
TypeSH
Market value$869.14M
2.57%
Sole
3.26M
Shared
0.00
None
1.14M
DEXCOM INC
SOLEShares11.11M
TypeSH
Market value$863.99M
2.56%
Sole
7.63M
Shared
0.00
None
3.48M
CLOUDFLARE INC
SOLEShares7.77M
TypeSH
Market value$836.25M
2.47%
Sole
5.59M
Shared
0.00
None
2.18M
SPOTIFY TECHNOLOGY S A
SOLEShares1.86M
TypeSH
Market value$831.83M
2.46%
Sole
1.28M
Shared
0.00
None
583.61K
SEA LTD
SOLEShares7.39M
TypeSH
Market value$784.25M
2.32%
Sole
5.26M
Shared
0.00
None
2.13M
META PLATFORMS INC
SOLEShares1.33M
TypeSH
Market value$779.84M
2.31%
Sole
966.76K
Shared
0.00
None
365.14K
ENTEGRIS INC
SOLEShares7.21M
TypeSH
Market value$714.63M
2.11%
Sole
5.22M
Shared
0.00
None
1.99M
ALPHABET INC
SOLEShares3.62M
TypeSH
Market value$685.16M
2.03%
Sole
2.49M
Shared
0.00
None
1.13M
APPLE INC
SOLEShares2.72M
TypeSH
Market value$679.90M
2.01%
Sole
2.01M
Shared
0.00
None
704.52K
NU HLDGS LTD
SOLEShares57.99M
TypeSH
Market value$600.77M
1.78%
Sole
41.32M
Shared
0.00
None
16.67M
FLUTTER ENTMT PLC
SOLEShares2.31M
TypeSH
Market value$597.20M
1.77%
Sole
1.56M
Shared
0.00
None
748.88K
DATADOG INC
SOLEShares3.53M
TypeSH
Market value$503.89M
1.49%
Sole
2.50M
Shared
0.00
None
1.02M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 22.04M | SH | $2.96B 8.76% | 15.57M | 0.00 | 6.47M |
AMAZON COM INCSOLE | COM | 11.81M | SH | $2.59B 7.67% | 8.43M | 0.00 | 3.38M |
SERVICENOW INCSOLE | COM | 1.45M | SH | $1.54B 4.56% | 1.07M | 0.00 | 380.19K |
SHOPIFY INCSOLE | CL A | 13.78M | SH | $1.47B 4.34% | 10.15M | 0.00 | 3.63M |
VISA INCSOLE | COM CL A | 4.55M | SH | $1.44B 4.25% | 3.32M | 0.00 | 1.22M |
NETFLIX INCSOLE | COM | 1.48M | SH | $1.32B 3.91% | 1.04M | 0.00 | 444.43K |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 1.79M | SH | $1.24B 3.66% | 1.26M | 0.00 | 526.01K |
MICROSOFT CORPSOLE | COM | 2.80M | SH | $1.18B 3.50% | 2.10M | 0.00 | 706.99K |
AXON ENTERPRISE INCSOLE | COM | 1.98M | SH | $1.18B 3.48% | 1.43M | 0.00 | 551.19K |
MERCADOLIBRE INCSOLE | COM | 668.51K | SH | $1.14B 3.36% | 467.98K | 0.00 | 200.53K |
ATLASSIAN CORPORATIONSOLE | CL A | 4.52M | SH | $1.10B 3.26% | 3.17M | 0.00 | 1.35M |
DOORDASH INCSOLE | CL A | 5.89M | SH | $988.38M 2.92% | 4.15M | 0.00 | 1.74M |
BLOCK INCSOLE | CL A | 10.34M | SH | $878.78M 2.60% | 7.18M | 0.00 | 3.16M |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 4.40M | SH | $869.14M 2.57% | 3.26M | 0.00 | 1.14M |
DEXCOM INCSOLE | COM | 11.11M | SH | $863.99M 2.56% | 7.63M | 0.00 | 3.48M |
CLOUDFLARE INCSOLE | CL A COM | 7.77M | SH | $836.25M 2.47% | 5.59M | 0.00 | 2.18M |
SPOTIFY TECHNOLOGY S ASOLE | SHS | 1.86M | SH | $831.83M 2.46% | 1.28M | 0.00 | 583.61K |
SEA LTDSOLE | SPONSORD ADS | 7.39M | SH | $784.25M 2.32% | 5.26M | 0.00 | 2.13M |
META PLATFORMS INCSOLE | CL A | 1.33M | SH | $779.84M 2.31% | 966.76K | 0.00 | 365.14K |
ENTEGRIS INCSOLE | COM | 7.21M | SH | $714.63M 2.11% | 5.22M | 0.00 | 1.99M |
ALPHABET INCSOLE | CAP STK CL A | 3.62M | SH | $685.16M 2.03% | 2.49M | 0.00 | 1.13M |
APPLE INCSOLE | COM | 2.72M | SH | $679.90M 2.01% | 2.01M | 0.00 | 704.52K |
NU HLDGS LTDSOLE | ORD SHS CL A | 57.99M | SH | $600.77M 1.78% | 41.32M | 0.00 | 16.67M |
FLUTTER ENTMT PLCSOLE | SHS | 2.31M | SH | $597.20M 1.77% | 1.56M | 0.00 | 748.88K |
DATADOG INCSOLE | CL A COM | 3.53M | SH | $503.89M 1.49% | 2.50M | 0.00 | 1.02M |
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