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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 BE BLOOM ENERGY CORP Industrials 1,779,038.0 $241.0M 0.95% NEW $135.49 +88.3%
2 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 531,892.0 $208.4M 0.82% NEW $391.76 +125.3%
3 LRCX LAM RESEARCH CORP Technology 755,222.0 $161.4M 0.63% NEW $213.66 +54.1%
4 LLY ELI LILLY & CO Healthcare 32,887.0 $30.2M 0.12% NEW $919.77 +25.8%
5 AAPL APPLE INC Technology 3,219.0 $817K 0.00% NEW $253.79 +23.5%
6 ANET ARISTA NETWORKS INC Technology 2,698.0 $331K 0.00% NEW $122.78 +28.2%
7 HOOD ROBINHOOD MKTS INC Financial Services 3,746.0 $260K 0.00% NEW $69.30 +22.7%
8 AVAV AEROVIRONMENT INC Industrials 1,342.0 $246K 0.00% NEW $183.05 +1.6%
9 LITE LUMENTUM HLDGS INC Technology 312.0 $219K 0.00% NEW $702.76 +27.2%

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%