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Portfolio (Quarterly) Guide ↗

SANDS CAPITAL MANAGEMENT, LLC

· CIK 0001020066
13F Portfolio $32.9B AUM Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 66 New
Page 4 of 4  ·  66 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 DUOL DUOLINGO INC Technology 39,975.0 $7.0M 0.02% NEW $175.50 -30.9%
62 GTLB GITLAB INC Technology 127,475.0 $4.8M 0.01% NEW $37.53 -16.0%
63 IWF ISHARES TR 8,215.0 $3.9M 0.01% NEW $473.30 -74.0%
64 PLTR PALANTIR TECHNOLOGIES INC Technology 19,840.0 $3.5M 0.01% NEW $177.75 -29.3%
65 SNOW SNOWFLAKE INC Technology 11,960.0 $2.6M 0.01% NEW $219.36 +19.1%
66 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 7,511.0 $1.1M 0.00% NEW $146.58 -33.1%
Page 4 of 4  ·  66 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 44.2%
Communication Services 16.4%
Consumer Cyclical 16.2%
Financial Services 9.5%
Industrials 8.3%
Healthcare 5.3%
Basic Materials 0.1%