Filed: 5/8/2026ACC: 0001020066-26-000015
📋 What this filing means
SANDS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 67 equity positions with a total reported market value of $25.49B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
67
Positions
$25.49B
Total AUM (reported)
204.80M
Total Shares
Allocation by class
COM$10.69B41.9%
CL A$2.76B10.8%
SPONSORED ADS$2.16B8.5%
COM CL A$1.96B7.7%
CAP STK CL A$1.47B5.8%
SHS$1.10B4.3%
CL A SUB VTG SHS$1.06B4.2%
Portfolio Concentration
Top 3$6.61B25.9%
4–10$6.74B26.4%
11–25$8.15B32.0%
Rest$3.98B15.6%
Top 3 weight
25.9%
Top 10 weight
52.4%
Voting Authority Distribution
Total shares with voting rights: 204.80M
Sole
Full voting authority
152.65M
shares
% of voting shares74.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
52.15M
shares
% of voting shares25.5%
Investment Discretion (by position count)
Sole67
Shared0
Other0
Dominant voting typeSole · 74.5% of voting shares
Institutional Holdings67
Rows:
NVIDIA CORPORATION
SOLEShares18.09M
TypeSH
Market value$3.15B
12.38%
Sole
13.22M
Shared
0.00
None
4.86M
TAIWAN SEMICONDUCTOR MANUFAC
SOLEShares5.86M
TypeSH
Market value$1.98B
7.77%
Sole
4.22M
Shared
0.00
None
1.64M
ALPHABET INC
SOLEShares5.12M
TypeSH
Market value$1.47B
5.78%
Sole
3.66M
Shared
0.00
None
1.47M
AMAZON COM INC
SOLEShares6.72M
TypeSH
Market value$1.40B
5.49%
Sole
4.72M
Shared
0.00
None
2M
SHOPIFY INC
SOLEShares8.94M
TypeSH
Market value$1.06B
4.16%
Sole
6.51M
Shared
0.00
None
2.42M
NETFLIX INC.
SOLEShares9.41M
TypeSH
Market value$905.22M
3.55%
Sole
6.73M
Shared
0.00
None
2.68M
SPOTIFY TECHNOLOGY S A
SOLEShares1.79M
TypeSH
Market value$870.04M
3.41%
Sole
1.25M
Shared
0.00
None
546.22K
ASML HLDG NV
SOLEShares639.83K
TypeSH
Market value$845.11M
3.32%
Sole
479.83K
Shared
0.00
None
160K
VISA INC
SOLEShares2.77M
TypeSH
Market value$837.34M
3.29%
Sole
2.13M
Shared
0.00
None
642.79K
MERCADOLIBRE INC
SOLEShares475.45K
TypeSH
Market value$822.07M
3.23%
Sole
369.82K
Shared
0.00
None
105.63K
CLOUDFLARE INC
SOLEShares3.66M
TypeSH
Market value$755.57M
2.96%
Sole
2.78M
Shared
0.00
None
883.36K
META PLATFORMS INC
SOLEShares1.28M
TypeSH
Market value$731.82M
2.87%
Sole
910.48K
Shared
0.00
None
368.64K
INTERCONTINENTAL EXCHANGE IN
SOLEShares4.38M
TypeSH
Market value$689.56M
2.71%
Sole
3.25M
Shared
0.00
None
1.13M
CARVANA CO
SOLEShares2.12M
TypeSH
Market value$665.62M
2.61%
Sole
1.45M
Shared
0.00
None
662.52K
AXON ENTERPRISE INC
SOLEShares1.56M
TypeSH
Market value$664.43M
2.61%
Sole
1.17M
Shared
0.00
None
393.14K
INTUITIVE SURGICAL INC
SOLEShares1.32M
TypeSH
Market value$609.09M
2.39%
Sole
1.03M
Shared
0.00
None
292.51K
DOORDASH INC
SOLEShares3.96M
TypeSH
Market value$594.15M
2.33%
Sole
2.83M
Shared
0.00
None
1.13M
MICROSOFT CORP
SOLEShares1.53M
TypeSH
Market value$566.41M
2.22%
Sole
1.15M
Shared
0.00
None
380.87K
SAMSARA INC
SOLEShares15.66M
TypeSH
Market value$496.19M
1.95%
Sole
10.96M
Shared
0.00
None
4.70M
NU HLDGS LTD
SOLEShares34.34M
TypeSH
Market value$493.50M
1.94%
Sole
25.95M
Shared
0.00
None
8.40M
BROADCOM INC
SOLEShares1.40M
TypeSH
Market value$434.19M
1.70%
Sole
950.51K
Shared
0.00
None
452.32K
SEA LTD
SOLEShares4.73M
TypeSH
Market value$391.57M
1.54%
Sole
3.50M
Shared
0.00
None
1.23M
APPLOVIN CORP
SOLEShares971.56K
TypeSH
Market value$386.68M
1.52%
Sole
672.50K
Shared
0.00
None
299.06K
QUANTA SVCS INC
SOLEShares626.35K
TypeSH
Market value$343.88M
1.35%
Sole
479.65K
Shared
0.00
None
146.70K
BLOCK INC
SOLEShares5.51M
TypeSH
Market value$331.64M
1.30%
Sole
3.83M
Shared
0.00
None
1.68M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 18.09M | SH | $3.15B 12.38% | 13.22M | 0.00 | 4.86M |
TAIWAN SEMICONDUCTOR MANUFACSOLE | SPONSORED ADS | 5.86M | SH | $1.98B 7.77% | 4.22M | 0.00 | 1.64M |
ALPHABET INCSOLE | CAP STK CL A | 5.12M | SH | $1.47B 5.78% | 3.66M | 0.00 | 1.47M |
AMAZON COM INCSOLE | COM | 6.72M | SH | $1.40B 5.49% | 4.72M | 0.00 | 2M |
SHOPIFY INCSOLE | CL A SUB VTG SHS | 8.94M | SH | $1.06B 4.16% | 6.51M | 0.00 | 2.42M |
NETFLIX INC.SOLE | COM | 9.41M | SH | $905.22M 3.55% | 6.73M | 0.00 | 2.68M |
SPOTIFY TECHNOLOGY S ASOLE | SHS | 1.79M | SH | $870.04M 3.41% | 1.25M | 0.00 | 546.22K |
ASML HLDG NVSOLE | N Y REGISTRY SHS | 639.83K | SH | $845.11M 3.32% | 479.83K | 0.00 | 160K |
VISA INCSOLE | COM CL A | 2.77M | SH | $837.34M 3.29% | 2.13M | 0.00 | 642.79K |
MERCADOLIBRE INCSOLE | COM | 475.45K | SH | $822.07M 3.23% | 369.82K | 0.00 | 105.63K |
CLOUDFLARE INCSOLE | CL A COM | 3.66M | SH | $755.57M 2.96% | 2.78M | 0.00 | 883.36K |
META PLATFORMS INCSOLE | CL A | 1.28M | SH | $731.82M 2.87% | 910.48K | 0.00 | 368.64K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 4.38M | SH | $689.56M 2.71% | 3.25M | 0.00 | 1.13M |
CARVANA COSOLE | CL A | 2.12M | SH | $665.62M 2.61% | 1.45M | 0.00 | 662.52K |
AXON ENTERPRISE INCSOLE | COM | 1.56M | SH | $664.43M 2.61% | 1.17M | 0.00 | 393.14K |
INTUITIVE SURGICAL INCSOLE | COM NEW | 1.32M | SH | $609.09M 2.39% | 1.03M | 0.00 | 292.51K |
DOORDASH INCSOLE | CL A | 3.96M | SH | $594.15M 2.33% | 2.83M | 0.00 | 1.13M |
MICROSOFT CORPSOLE | COM | 1.53M | SH | $566.41M 2.22% | 1.15M | 0.00 | 380.87K |
SAMSARA INCSOLE | COM CL A | 15.66M | SH | $496.19M 1.95% | 10.96M | 0.00 | 4.70M |
NU HLDGS LTDSOLE | ORD SHS CL A | 34.34M | SH | $493.50M 1.94% | 25.95M | 0.00 | 8.40M |
BROADCOM INCSOLE | COM | 1.40M | SH | $434.19M 1.70% | 950.51K | 0.00 | 452.32K |
SEA LTDSOLE | SPONSORD ADS | 4.73M | SH | $391.57M 1.54% | 3.50M | 0.00 | 1.23M |
APPLOVIN CORPSOLE | COM CL A | 971.56K | SH | $386.68M 1.52% | 672.50K | 0.00 | 299.06K |
QUANTA SVCS INCSOLE | COM | 626.35K | SH | $343.88M 1.35% | 479.65K | 0.00 | 146.70K |
BLOCK INCSOLE | CL A | 5.51M | SH | $331.64M 1.30% | 3.83M | 0.00 | 1.68M |
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