13F INSTITUTION · CIK 0001020066 · 2026-Q2 · filed Aug 13, 2026
Sands Capital Management
SANDS CAPITAL MANAGEMENT, LLC
$26.9B
13F long value · 2026-Q2 Positions71
CategoryAsset Manager
Quarters tracked8
● #257 of 556 by 13F long value
Size rank 6/10
7 NEW5 ADD4 2×+9 TRIM1 NEAR EXIT4 EXIT
Snapshot
Sands Capital Management's 13F portfolio at a glance — size, concentration and this quarter's activity.
13F long value
$26.9B
Positions
71
Top 71 long weight
99.8%
Quarters tracked
8
Latest 13F filed
Aug 13, 2026
New positions
7
Exits / near-exits
5
13F long value by quarter
Reported long equity value each quarter — fund flows plus market moves. Option notional is not included.
Top holdings — 2026-Q2
The fund's largest reported positions. The long positions shown cover 99.8% of the long value.
| Ticker | Issuer | Weight | Value | Shares | Since 2026-Q2 |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | NVIDIA CORP | 10.4% | $2.8B | 14.1M | +8.0% |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 7.0% | $1.9B | 3.9M | -11.1% |
| GOOGL Alphabet Inc. | Alphabet Inc. | 6.5% | $1.7B | 4.9M | -11.4% |
| AMZN AMAZON COM INC | AMAZON COM INC | 4.3% | $1.2B | 4.9M | +4.5% |
| ASML ASML HOLDING NV | ASML HOLDING NV | 3.9% | $1.1B | 533.7K | -20.0% |
| BE Bloom Energy Corp | Bloom Energy Corp | 3.3% | $885.9M | 2.9M | -32.6% |
| AXON AXON ENTERPRISE, INC. | AXON ENTERPRISE, INC. | 3.1% | $830.2M | 1.5M | -24.2% |
| SHOP SHOPIFY INC. | SHOPIFY INC. | 3.1% | $826.9M | 7.2M | +47.3% |
| V VISA INC. | VISA INC. | 3.0% | $815.6M | 2.4M | +17.8% |
| SPOT Spotify Technology S.A. | Spotify Technology S.A. | 3.0% | $808.6M | 1.8M | +24.7% |
| NET Cloudflare, Inc. | Cloudflare, Inc. | 3.0% | $794.6M | 3.2M | +35.3% |
| STX Seagate Technology Holdings plc | Seagate Technology Holdings plc | 2.6% | $695.5M | 720.7K | -33.2% |
| MELI MERCADOLIBRE INC | MERCADOLIBRE INC | 2.4% | $642.0M | 378.2K | -1.7% |
| MU MICRON TECHNOLOGY INC | MICRON TECHNOLOGY INC | 2.3% | $608.1M | 526.8K | -21.7% |
| CVNA CARVANA CO. | CARVANA CO. | 2.1% | $557.0M | 8.5M | -14.0% |
Quarterly changes — 2026-Q2
What Sands Capital Management opened, added, trimmed and exited this quarter, largest dollar moves first.
| Action | Ticker | Issuer | Prev shares | Curr shares | Change | Value Δ |
|---|---|---|---|---|---|---|
| ADD | BE ADD Bloom Energy Corp | Bloom Energy Corp | 1.8M | 2.9M | +64.5% | +$644.8M |
| NEW | MU NEW MICRON TECHNOLOGY INC | MICRON TECHNOLOGY INC | 0 | 526.8K | New | +$608.1M |
| TRIM | NFLX TRIM NETFLIX INC | NETFLIX INC | 9.4M | 5.3M | -43.3% | -$524.2M |
| ADD | STX ADD Seagate Technology Holdings plc | Seagate Technology Holdings plc | 531.9K | 720.7K | +35.5% | +$487.1M |
| NEW | AMD NEW ADVANCED MICRO DEVICES INC | ADVANCED MICRO DEVICES INC | 0 | 672.6K | New | +$390.7M |
| NEW | SPCX NEW SPACE EXPLORATION TECHNOLOGIES CORP | SPACE EXPLORATION TECHNOLOGIES CORP | 0 | 2.3M | New | +$389.0M |
| NEW | SNDK NEW Sandisk Corp | Sandisk Corp | 0 | 153.1K | New | +$348.1M |
| ADD | LRCX ADD LAM RESEARCH CORP | LAM RESEARCH CORP | 755.2K | 1.1M | +50.1% | +$330.0M |
| TRIM | NU TRIM Nu Holdings Ltd. | Nu Holdings Ltd. | 34.3M | 12.5M | -63.7% | -$326.8M |
| TRIM | AMZN TRIM AMAZON COM INC | AMAZON COM INC | 6.7M | 4.9M | -27.7% | -$240.8M |
Conviction over time
Portfolio weight of the current top long holdings, quarter by quarter — rising weight = growing conviction.