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Portfolio (Quarterly) Guide ↗

SANDS CAPITAL MANAGEMENT, LLC

· CIK 0001020066
13F Portfolio $25.5B AUM 67 positions Filed May 8, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 9 New 9 Added 48 Reduced 8 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GOOGL ALPHABET INC Communication Services 5,124,494.0 $1.47B 5.78% +185K +3.8% $287.56 +26.3%
2 SPOT SPOTIFY TECHNOLOGY S A Communication Services 1,794,226.0 $870.0M 3.41% +324K +22.1% $484.91 +3.8%
3 META META PLATFORMS INC Communication Services 1,279,121.0 $731.8M 2.87% +24K +1.9% $572.13 +2.3%
4 PWR QUANTA SVCS INC Industrials 626,348.0 $343.9M 1.35% +49K +8.6% $549.02 +26.4%
5 CRS CARPENTER TECHNOLOGY CORP Industrials 823,277.0 $324.5M 1.27% +202K +32.4% $394.15 +26.6%
6 MCK MCKESSON CORP Healthcare 201,283.0 $174.2M 0.68% +27K +15.5% $865.36 -11.4%
7 STVN STEVANATO GROUP S P A Healthcare 497,310.0 $6.8M 0.03% +4K +0.9% $13.75 +30.9%
8 PLTR PALANTIR TECHNOLOGIES INC Technology 22,919.0 $3.4M 0.01% +3K +15.5% $146.28 -6.7%
9 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 7,793.0 $978K 0.00% +282.0 +3.8% $125.46 -4.3%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 42.9%
Communication Services 18.5%
Consumer Cyclical 15.2%
Industrials 10.2%
Financial Services 8.3%
Healthcare 4.8%
Basic Materials 0.1%