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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 4  ·  67 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 KASPI KZ JSC 1,586,334.0 $117.5M 0.46% -362K -18.6% $74.07
42 TDG TRANSDIGM GROUP INC Industrials 94,341.0 $109.3M 0.43% -9K -8.6% $1158.96 +4.1%
43 WCN WASTE CONNECTIONS INC Industrials 634,903.0 $103.1M 0.41% -331K -34.3% $162.44 -5.4%
44 APH AMPHENOL CORP Technology 805,602.0 $101.8M 0.40% -73K -8.3% $126.35 +13.7%
45 RACE FERRARI N V Consumer Cyclical 287,709.0 $97.4M 0.38% -22K -7.2% $338.45 +3.9%
46 RARE ULTRAGENYX PHARMACEUTICAL IN Healthcare 3,214,533.0 $67.3M 0.26% -271K -7.8% $20.95 +3.1%
47 BSX BOSTON SCIENTIFIC CORP Healthcare 736,109.0 $46.2M 0.18% -69K -8.6% $62.75 -22.4%
48 YMM FULL TRUCK ALLIANCE CO LTD Technology 4,970,779.0 $41.3M 0.16% -1.2M -18.8% $8.30 +0.6%
49 GRAB GRAB HOLDINGS LIMITED Technology 9,122,432.0 $33.4M 0.13% -2.1M -18.9% $3.66 -9.0%
50 LLY ELI LILLY & CO Healthcare 32,887.0 $30.2M 0.12% NEW $919.77 +24.9%
51 LIN LINDE PLC Basic Materials 54,593.0 $27.1M 0.11% -5K -7.8% $495.76 +1.2%
52 PANW PALO ALTO NETWORKS INC Technology 161,078.0 $25.8M 0.10% -2K -1.2% $160.32 +66.1%
53 HDB HDFC BANK LTD Financial Services 907,652.0 $22.6M 0.09% -5.2M -85.2% $24.88 -7.5%
54 KVYO KLAVIYO INC Technology 595,160.0 $11.6M 0.04% -334K -35.9% $19.46 -21.8%
55 STVN STEVANATO GROUP S P A Healthcare 497,310.0 $6.8M 0.03% +4K +0.9% $13.75 +30.9%
56 FIG FIGMA INC Technology 187,577.0 $4.0M 0.02% -2K -1.2% $21.14 -0.2%
57 PLTR PALANTIR TECHNOLOGIES INC Technology 22,919.0 $3.4M 0.01% +3K +15.5% $146.28 -6.7%
58 NOW SERVICENOW INC Technology 31,521.0 $3.3M 0.01% -3.8M -99.2% $104.55 +9.2%
59 GTLB GITLAB INC Technology 127,475.0 $2.8M 0.01% $21.64 +43.6%
60 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 7,793.0 $978K 0.00% +282.0 +3.8% $125.46 -4.3%
Page 3 of 4  ·  67 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%