13F HOLDINGS REPORT
SANDS CAPITAL MANAGEMENT, LLC
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001846444-25-000006
Total Value
$29.39B
Positions
75
Other Managers
0
Confidential Omitted
No
Holdings (75)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 19,926,183 | $2.16B | 7.35% |
| 2 | AMAZON COM INC | AMZN | 11,094,543 | $2.11B | 7.18% |
| 3 | NETFLIX INC | NFLX | 1,467,474 | $1.37B | 4.66% |
| 4 | VISA INC | V | 3,813,042 | $1.34B | 4.55% |
| 5 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 8,027,318 | $1.33B | 4.53% |
| 6 | MERCADOLIBRE INC | MELI | 611,999 | $1.19B | 4.06% |
| 7 | SERVICENOW INC | NOW | 1,457,978 | $1.16B | 3.95% |
| 8 | SHOPIFY INC | SHOP | 12,145,821 | $1.16B | 3.95% |
| 9 | DOORDASH INC | DASH | 5,507,021 | $1.01B | 3.42% |
| 10 | AXON ENTERPRISE INC | AXON | 1,899,822 | $999.2M | 3.40% |
| 11 | MICROSOFT CORP | MSFT | 2,648,248 | $994.1M | 3.38% |
| 12 | SPOTIFY TECHNOLOGY S A | SPOT | 1,788,550 | $983.8M | 3.35% |
| 13 | SEA LTD | SE | 6,817,994 | $889.7M | 3.03% |
| 14 | META PLATFORMS INC | META | 1,507,762 | $869.0M | 2.96% |
| 15 | ATLASSIAN CORPORATION | TEAM | 3,918,588 | $831.6M | 2.83% |
| 16 | CLOUDFLARE INC | NET | 6,427,446 | $724.3M | 2.46% |
| 17 | DEXCOM INC | DXCM | 10,414,156 | $711.2M | 2.42% |
| 18 | SAMSARA INC | IOT | 16,443,161 | $630.3M | 2.14% |
| 19 | APPLOVIN CORP | APP | 2,058,193 | $545.4M | 1.86% |
| 20 | NU HLDGS LTD | NU | 51,443,965 | $526.8M | 1.79% |
| 21 | ALPHABET INC | GOOG | 3,349,727 | $518.0M | 1.76% |
| 22 | FLUTTER ENTMT PLC | G3643J108 | 2,195,271 | $486.4M | 1.65% |
| 23 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 2,692,729 | $464.5M | 1.58% |
| 24 | BLOCK INC | BSQKZ | 8,531,831 | $463.5M | 1.58% |
| 25 | ASML HOLDING N V | ASMLF | 557,428 | $369.4M | 1.26% |
| 26 | IRHYTHM TECHNOLOGIES INC | IRTC | 3,016,207 | $315.7M | 1.07% |
| 27 | DATADOG INC | DDOG | 2,915,476 | $289.2M | 0.98% |
| 28 | UBER TECHNOLOGIES INC | UBER | 3,913,222 | $285.1M | 0.97% |
| 29 | INTUITIVE SURGICAL INC | ISRG | 544,076 | $269.5M | 0.92% |
| 30 | COUPANG INC | CPNG | 12,080,484 | $264.9M | 0.90% |
| 31 | NIKE INC | NKE | 3,754,580 | $238.3M | 0.81% |
| 32 | BROADCOM INC | AVGO | 1,420,870 | $237.9M | 0.81% |
| 33 | ROBLOX CORP | RBLX | 4,006,330 | $233.5M | 0.79% |
| 34 | WASTE CONNECTIONS INC | WCN | 1,108,404 | $216.3M | 0.74% |
| 35 | HDFC BANK LTD | HDB | 2,911,190 | $193.4M | 0.66% |
| 36 | ROPER TECHNOLOGIES INC | ROP | 326,112 | $192.3M | 0.65% |
| 37 | LIBERTY MEDIA CORP DEL | FWONB | 1,919,229 | $172.7M | 0.59% |
| 38 | REPLIGEN CORP | RGEN | 1,294,196 | $164.7M | 0.56% |
| 39 | ULTRAGENYX PHARMACEUTICAL IN | RARE | 4,163,561 | $150.8M | 0.51% |
| 40 | H WORLD GROUP LTD | HWLDF | 3,587,089 | $132.8M | 0.45% |
| 41 | BUILDERS FIRSTSOURCE INC | BLDR | 1,051,544 | $131.4M | 0.45% |
| 42 | FULL TRUCK ALLIANCE CO LTD | YMM | 10,250,292 | $130.9M | 0.45% |
| 43 | KASPI KX JSC | 48581R205 | 1,311,457 | $121.8M | 0.41% |
| 44 | TETRA TECH INC NEW | TTEK | 4,110,736 | $120.2M | 0.41% |
| 45 | TRANSDIGM GROUP INC | TDG | 85,886 | $118.8M | 0.40% |
| 46 | AIRBNB INC | ABNB | 950,809 | $113.6M | 0.39% |
| 47 | GLOBANT S A | GLOB | 902,535 | $106.2M | 0.36% |
| 48 | FERRARI N V | RACE | 246,069 | $105.3M | 0.36% |
| 49 | ALPHABET INC | GOOG | 624,184 | $97.5M | 0.33% |
| 50 | UNITEDHEALTH GROUP INC | UNH | 174,787 | $91.5M | 0.31% |
| 51 | CHARTER COMMUNICATIONS INC N | 16119P108 | 239,604 | $88.3M | 0.30% |
| 52 | GRAB HOLDINGS LIMITED | GRABW | 19,477,077 | $88.2M | 0.30% |
| 53 | VENTURE GLOBAL INC | VG | 8,532,908 | $87.9M | 0.30% |
| 54 | SNOWFLAKE INC | SNOW | 596,443 | $87.2M | 0.30% |
| 55 | APPLE INC | AAPL | 355,649 | $79.0M | 0.27% |
| 56 | CADENCE DESIGN SYSTEM INC | CDNS | 304,719 | $77.5M | 0.26% |
| 57 | KANZHUN LIMITED | BZ | 3,934,331 | $75.4M | 0.26% |
| 58 | GALLAGHER ARTHUR J & CO | 363576109 | 202,631 | $70.0M | 0.24% |
| 59 | MCKESSON CORP | MCK | 91,750 | $61.7M | 0.21% |
| 60 | AMPHENOL CORP NEW | 032095101 | 929,152 | $60.9M | 0.21% |
| 61 | SAP SE | SAPGF | 223,032 | $59.9M | 0.20% |
| 62 | LINDE PLC | LIN | 89,288 | $41.6M | 0.14% |
| 63 | OKTA INC | OKTA | 358,721 | $37.7M | 0.13% |
| 64 | KLAVIYO INC | KVYO | 972,749 | $29.4M | 0.10% |
| 65 | MONDAY COM LTD | MNDY | 115,041 | $28.0M | 0.10% |
| 66 | GLOBAL E ONLINE LTD | GLBE | 522,035 | $18.6M | 0.06% |
| 67 | ICON PLC | ICLR | 94,324 | $16.5M | 0.06% |
| 68 | CROWDSTRIKE HLDGS INC | CRWD | 44,417 | $15.7M | 0.05% |
| 69 | CARVANA CO | CVNA | 61,131 | $12.8M | 0.04% |
| 70 | STEVANATO GROUP S P A | STVN | 485,476 | $9.9M | 0.03% |
| 71 | ISHARES TR | 464287614 | 26,465 | $9.6M | 0.03% |
| 72 | GITLAB INC | GTLB | 127,475 | $6.0M | 0.02% |
| 73 | EDWARDS LIFESCIENCES CORP | EW | 19,244 | $1.4M | 0.00% |
| 74 | ENTEGRIS INC | ENTG | 11,172 | $977,327 | 0.00% |
| 75 | UIPATH INC | PATH | 44,642 | $459,813 | 0.00% |