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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
Page 3 of 3  ·  48 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 LIN LINDE PLC Basic Materials 54,593.0 $27.1M 0.11% -5K -7.8% $495.76 +1.2%
42 PANW PALO ALTO NETWORKS INC Technology 161,078.0 $25.8M 0.10% -2K -1.2% $160.32 +66.1%
43 HDB HDFC BANK LTD Financial Services 907,652.0 $22.6M 0.09% -5.2M -85.2% $24.88 -7.5%
44 KVYO KLAVIYO INC Technology 595,160.0 $11.6M 0.04% -334K -35.9% $19.46 -21.8%
45 FIG FIGMA INC Technology 187,577.0 $4.0M 0.02% -2K -1.2% $21.14 -0.2%
46 NOW SERVICENOW INC Technology 31,521.0 $3.3M 0.01% -3.8M -99.2% $104.55 +9.2%
47 TEAM ATLASSIAN CORPORATION Technology 14,281.0 $975K 0.00% -122K -89.5% $68.25 +43.4%
48 SNOW SNOWFLAKE INC Technology 4,178.0 $630K 0.00% -8K -65.1% $150.82 +59.4%
Page 3 of 3  ·  48 positions

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%