Filed: 5/14/2025ACC: 0001846444-25-000006
📋 What this filing means
SANDS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 75 equity positions with a total reported market value of $29.39B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
75
Positions
$29.39B
Total AUM (reported)
291.28M
Total Shares
Allocation by class
COM$13.69B46.6%
CL A$5.13B17.5%
COM CL A$2.71B9.2%
SPONSORED ADS$1.99B6.8%
SHS$1.57B5.4%
CL A COM$1.01B3.4%
SPONSORD ADS$889.68M3.0%
Portfolio Concentration
Top 3$5.64B19.2%
4–10$8.19B27.9%
11–25$10.01B34.0%
Rest$5.56B18.9%
Top 3 weight
19.2%
Top 10 weight
47.0%
Voting Authority Distribution
Total shares with voting rights: 291.28M
Sole
Full voting authority
207.41M
shares
% of voting shares71.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
83.86M
shares
% of voting shares28.8%
Investment Discretion (by position count)
Sole75
Shared0
Other0
Dominant voting typeSole · 71.2% of voting shares
Institutional Holdings75
Rows:
NVIDIA CORPORATION
SOLEShares19.93M
TypeSH
Market value$2.16B
7.35%
Sole
13.86M
Shared
0.00
None
6.06M
AMAZON COM INC
SOLEShares11.09M
TypeSH
Market value$2.11B
7.18%
Sole
7.71M
Shared
0.00
None
3.38M
NETFLIX INC
SOLEShares1.47M
TypeSH
Market value$1.37B
4.66%
Sole
1.01M
Shared
0.00
None
458.36K
VISA INC
SOLEShares3.81M
TypeSH
Market value$1.34B
4.55%
Sole
2.77M
Shared
0.00
None
1.04M
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares8.03M
TypeSH
Market value$1.33B
4.53%
Sole
5.87M
Shared
0.00
None
2.15M
MERCADOLIBRE INC
SOLEShares612K
TypeSH
Market value$1.19B
4.06%
Sole
422.03K
Shared
0.00
None
189.97K
SERVICENOW INC
SOLEShares1.46M
TypeSH
Market value$1.16B
3.95%
Sole
1.06M
Shared
0.00
None
401.74K
SHOPIFY INC
SOLEShares12.15M
TypeSH
Market value$1.16B
3.95%
Sole
8.83M
Shared
0.00
None
3.32M
DOORDASH INC
SOLEShares5.51M
TypeSH
Market value$1.01B
3.42%
Sole
3.80M
Shared
0.00
None
1.71M
AXON ENTERPRISE INC
SOLEShares1.90M
TypeSH
Market value$999.21M
3.40%
Sole
1.35M
Shared
0.00
None
548.15K
MICROSOFT CORP
SOLEShares2.65M
TypeSH
Market value$994.13M
3.38%
Sole
1.96M
Shared
0.00
None
690.56K
SPOTIFY TECHNOLOGY S A
SOLEShares1.79M
TypeSH
Market value$983.76M
3.35%
Sole
1.21M
Shared
0.00
None
577.02K
SEA LTD
SOLEShares6.82M
TypeSH
Market value$889.68M
3.03%
Sole
4.81M
Shared
0.00
None
2M
META PLATFORMS INC
SOLEShares1.51M
TypeSH
Market value$869.01M
2.96%
Sole
1.07M
Shared
0.00
None
433.39K
ATLASSIAN CORPORATION
SOLEShares3.92M
TypeSH
Market value$831.56M
2.83%
Sole
2.69M
Shared
0.00
None
1.23M
CLOUDFLARE INC
SOLEShares6.43M
TypeSH
Market value$724.31M
2.46%
Sole
4.56M
Shared
0.00
None
1.87M
DEXCOM INC
SOLEShares10.41M
TypeSH
Market value$711.18M
2.42%
Sole
6.96M
Shared
0.00
None
3.45M
SAMSARA INC
SOLEShares16.44M
TypeSH
Market value$630.27M
2.14%
Sole
11.41M
Shared
0.00
None
5.04M
APPLOVIN CORP
SOLEShares2.06M
TypeSH
Market value$545.36M
1.86%
Sole
1.42M
Shared
0.00
None
641.96K
NU HLDGS LTD
SOLEShares51.44M
TypeSH
Market value$526.79M
1.79%
Sole
36.58M
Shared
0.00
None
14.86M
ALPHABET INC
SOLEShares3.35M
TypeSH
Market value$518.00M
1.76%
Sole
2.23M
Shared
0.00
None
1.12M
FLUTTER ENTMT PLC
SOLEShares2.20M
TypeSH
Market value$486.36M
1.65%
Sole
1.45M
Shared
0.00
None
746.82K
INTERCONTINENTAL EXCHANGE IN
SOLEShares2.69M
TypeSH
Market value$464.50M
1.58%
Sole
1.98M
Shared
0.00
None
709.68K
BLOCK INC
SOLEShares8.53M
TypeSH
Market value$463.53M
1.58%
Sole
5.81M
Shared
0.00
None
2.73M
ASML HOLDING N V
SOLEShares557.43K
TypeSH
Market value$369.37M
1.26%
Sole
388.57K
Shared
0.00
None
168.85K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 19.93M | SH | $2.16B 7.35% | 13.86M | 0.00 | 6.06M |
AMAZON COM INCSOLE | COM | 11.09M | SH | $2.11B 7.18% | 7.71M | 0.00 | 3.38M |
NETFLIX INCSOLE | COM | 1.47M | SH | $1.37B 4.66% | 1.01M | 0.00 | 458.36K |
VISA INCSOLE | COM CL A | 3.81M | SH | $1.34B 4.55% | 2.77M | 0.00 | 1.04M |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 8.03M | SH | $1.33B 4.53% | 5.87M | 0.00 | 2.15M |
MERCADOLIBRE INCSOLE | COM | 612K | SH | $1.19B 4.06% | 422.03K | 0.00 | 189.97K |
SERVICENOW INCSOLE | COM | 1.46M | SH | $1.16B 3.95% | 1.06M | 0.00 | 401.74K |
SHOPIFY INCSOLE | CL A | 12.15M | SH | $1.16B 3.95% | 8.83M | 0.00 | 3.32M |
DOORDASH INCSOLE | CL A | 5.51M | SH | $1.01B 3.42% | 3.80M | 0.00 | 1.71M |
AXON ENTERPRISE INCSOLE | COM | 1.90M | SH | $999.21M 3.40% | 1.35M | 0.00 | 548.15K |
MICROSOFT CORPSOLE | COM | 2.65M | SH | $994.13M 3.38% | 1.96M | 0.00 | 690.56K |
SPOTIFY TECHNOLOGY S ASOLE | SHS | 1.79M | SH | $983.76M 3.35% | 1.21M | 0.00 | 577.02K |
SEA LTDSOLE | SPONSORD ADS | 6.82M | SH | $889.68M 3.03% | 4.81M | 0.00 | 2M |
META PLATFORMS INCSOLE | CL A | 1.51M | SH | $869.01M 2.96% | 1.07M | 0.00 | 433.39K |
ATLASSIAN CORPORATIONSOLE | CL A | 3.92M | SH | $831.56M 2.83% | 2.69M | 0.00 | 1.23M |
CLOUDFLARE INCSOLE | CL A COM | 6.43M | SH | $724.31M 2.46% | 4.56M | 0.00 | 1.87M |
DEXCOM INCSOLE | COM | 10.41M | SH | $711.18M 2.42% | 6.96M | 0.00 | 3.45M |
SAMSARA INCSOLE | COM CL A | 16.44M | SH | $630.27M 2.14% | 11.41M | 0.00 | 5.04M |
APPLOVIN CORPSOLE | COM CL A | 2.06M | SH | $545.36M 1.86% | 1.42M | 0.00 | 641.96K |
NU HLDGS LTDSOLE | ORD SHS CL A | 51.44M | SH | $526.79M 1.79% | 36.58M | 0.00 | 14.86M |
ALPHABET INCSOLE | CAP STK CL A | 3.35M | SH | $518.00M 1.76% | 2.23M | 0.00 | 1.12M |
FLUTTER ENTMT PLCSOLE | SHS | 2.20M | SH | $486.36M 1.65% | 1.45M | 0.00 | 746.82K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 2.69M | SH | $464.50M 1.58% | 1.98M | 0.00 | 709.68K |
BLOCK INCSOLE | CL A | 8.53M | SH | $463.53M 1.58% | 5.81M | 0.00 | 2.73M |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 557.43K | SH | $369.37M 1.26% | 388.57K | 0.00 | 168.85K |
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