Sands Capital Management 13F annual report
Sands Capital Management is an investment fund managing more than $34 trillion ran by Alexandra Fulk. There are currently 65 companies in Mrs. Fulk’s portfolio. The largest investments include NVIDIA Corp and Amazon.com, together worth $5.61 trillion.
$34 trillion Assets Under Management (AUM)
As of 6th August 2024, Sands Capital Management’s top holding is 25,116,421 shares of NVIDIA Corp currently worth over $3.1 trillion and making up 9.1% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Sands Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 12,993,065 shares of Amazon.com worth $2.51 trillion, whose value fell 1.1% in the past six months.
The third-largest holding is Asml Holding N V worth $2.02 trillion and the next is Microsoft worth $1.43 trillion, with 3,199,422 shares owned.
Currently, Sands Capital Management's portfolio is worth at least $34 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Sands Capital Management
The Sands Capital Management office and employees reside in Arlington, Virginia. According to the last 13-F report filed with the SEC, Alexandra Fulk serves as the Chief Compliance Officer, Senior Counsel at Sands Capital Management.
Recent trades
In the most recent 13F filing, Sands Capital Management revealed that it had opened a new position in
Ishares Tr and bought 6,500 shares worth $2.37 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
22,418,020 additional shares.
This makes their stake in NVIDIA Corp total 25,116,421 shares worth $3.1 trillion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Sands Capital Management is getting rid of from its portfolio.
Sands Capital Management closed its position in Steris Plc on 13th August 2024.
It sold the previously owned 409,845 shares for $92.1 billion.
Alexandra Fulk also disclosed a decreased stake in Asml Holding N V by approximately 0.1%.
This leaves the value of the investment at $2.02 trillion and 1,974,018 shares.
One of the largest hedge funds
The two most similar investment funds to Sands Capital Management are Fayez Sarofim & Co and Rockefeller Capital Management L.P.. They manage $33.5 trillion and $34.8 trillion respectively.
Alexandra Fulk investment strategy
Sands Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 44.6% of
the total portfolio value.
The fund focuses on investments in the United States as
58.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $174 billion.
The complete list of Sands Capital Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
830.79%
25,116,421
|
$3,102,882,650,000 | 9.12% |
| Amazon.com Inc. |
3.87%
12,993,065
|
$2,510,909,811,000 | 7.38% |
| Asml Holding N V |
8.05%
1,974,018
|
$2,018,887,429,000 | 5.93% |
| Microsoft Corporation |
5.15%
3,199,422
|
$1,429,981,663,000 | 4.20% |
| Visa Inc |
15.16%
5,281,359
|
$1,386,198,401,000 | 4.07% |
| MercadoLibre Inc |
8.58%
782,581
|
$1,286,093,615,000 | 3.78% |
| Lam Research Corp. |
18.73%
1,149,710
|
$1,224,268,693,000 | 3.60% |
| Dexcom Inc |
2.66%
10,606,503
|
$1,202,565,310,000 | 3.53% |
| Netflix Inc. |
5.12%
1,600,958
|
$1,080,454,535,000 | 3.17% |
| Nu Hldgs Ltd |
10.41%
79,341,079
|
$1,022,706,508,000 | 3.01% |
| Entegris Inc |
6.29%
7,551,714
|
$1,022,502,076,000 | 3.00% |
| Meta Platforms Inc |
8.42%
1,990,662
|
$1,003,731,594,000 | 2.95% |
| ServiceNow Inc |
11.62%
1,262,175
|
$992,915,207,000 | 2.92% |
| Shopify Inc |
11.31%
14,736,374
|
$973,337,503,000 | 2.86% |
| Taiwan Semiconductor Mfg Ltd |
8.41%
4,779,253
|
$830,681,964,000 | 2.44% |
| Okta Inc |
2.51%
8,812,081
|
$824,898,902,000 | 2.42% |
| Atlassian Corporation |
1.23%
4,262,719
|
$753,989,737,000 | 2.22% |
| Axon Enterprise Inc |
1.17%
2,559,692
|
$753,163,774,000 | 2.21% |
| Block Inc |
3.66%
11,510,438
|
$742,308,147,000 | 2.18% |
| DoorDash Inc |
6.64%
6,373,337
|
$693,291,599,000 | 2.04% |
| Alphabet Inc |
0.72%
4,443,615
|
$810,274,700,000 | 2.38% |
| Sea Ltd |
6.83%
8,691,528
|
$620,748,930,000 | 1.82% |
| Datadog Inc |
2.09%
4,203,680
|
$545,175,259,000 | 1.60% |
| Cloudflare Inc |
0.04%
6,469,002
|
$535,827,436,000 | 1.57% |
| Edwards Lifesciences Corp |
2.65%
5,648,655
|
$521,766,262,000 | 1.53% |
| Snowflake Inc. |
26.37%
3,785,371
|
$511,365,768,000 | 1.50% |
| Flutter Entmt Plc |
1.52%
2,040,665
|
$372,135,669,000 | 1.09% |
| Airbnb, Inc. |
6.98%
2,268,780
|
$344,015,111,000 | 1.01% |
| Align Technology, Inc. |
3.31%
1,311,368
|
$316,603,576,000 | 0.93% |
| Nike, Inc. |
0.78%
4,121,603
|
$310,645,218,000 | 0.91% |
| Apple Inc |
127,948.48%
1,307,375
|
$275,359,322,000 | 0.81% |
| Coupang, Inc. |
3.55%
12,689,542
|
$265,845,905,000 | 0.78% |
| Samsara Inc. |
383.84%
7,612,221
|
$256,531,848,000 | 0.75% |
| Roper Technologies Inc |
7.97%
406,490
|
$229,122,153,000 | 0.67% |
| iRhythm Technologies Inc |
0.79%
2,126,003
|
$228,842,963,000 | 0.67% |
| Globant S.A. |
5.92%
1,264,737
|
$225,452,018,000 | 0.66% |
| Ultragenyx Pharmaceutical In |
38.74%
5,354,750
|
$220,080,225,000 | 0.65% |
| Uber Technologies Inc |
43.88%
2,839,640
|
$206,385,035,000 | 0.61% |
| Kaspi Kz Jsc |
7.75%
1,520,341
|
$196,139,192,000 | 0.58% |
| Floor Decor Hldgs Inc |
6.88%
1,951,145
|
$193,963,324,000 | 0.57% |
| HDFC Bank Ltd. |
21.42%
2,954,101
|
$190,037,317,000 | 0.56% |
| Liberty Media Corp. |
3.33%
2,631,724
|
$189,063,052,000 | 0.56% |
| Repligen Corp. |
0.78%
1,421,532
|
$179,198,324,000 | 0.53% |
| XP Inc |
7.73%
8,955,234
|
$157,522,566,000 | 0.46% |
| Transdigm Group Incorporated |
3.31%
120,882
|
$154,440,052,000 | 0.45% |
| Unitedhealth Group Inc |
55.04%
243,363
|
$123,935,041,000 | 0.36% |
| Texas Instrs Inc |
3.42%
548,354
|
$106,671,304,000 | 0.31% |
| Charter Communications Inc N |
3.46%
337,305
|
$100,840,703,000 | 0.30% |
| Steris Plc |
Closed
409,845
|
$92,141,353,000 | |
| Ferrari N.V. |
1.08%
218,512
|
$89,233,745,000 | 0.26% |
| IQVIA Holdings Inc |
3.45%
417,892
|
$88,359,084,000 | 0.26% |
| Kanzhun Limited |
7.59%
4,556,908
|
$85,715,439,000 | 0.25% |
| Intercontinental Exchange In |
3.31%
612,078
|
$83,787,357,000 | 0.25% |
| Zoetis Inc |
3.42%
470,851
|
$81,626,729,000 | 0.24% |
| Cadence Design System Inc |
7,930.84%
261,404
|
$80,447,081,000 | 0.24% |
| Waste Connections Inc |
97,040.75%
362,335
|
$63,539,066,000 | 0.19% |
| SiteOne Landscape Supply Inc |
60.42%
508,140
|
$61,693,277,000 | 0.18% |
| 10x Genomics, Inc. |
30.98%
2,334,901
|
$45,413,824,000 | 0.13% |
| Klaviyo Inc |
0.16%
1,429,762
|
$35,586,776,000 | 0.10% |
| Stevanato Group S.p.A. |
3.46%
1,795,866
|
$32,936,182,000 | 0.10% |
| Global E Online Ltd |
51.83%
666,481
|
$24,173,266,000 | 0.07% |
| GitLab Inc. |
11.08%
127,475
|
$6,338,057,000 | 0.02% |
| Ishares Tr |
37.61%
111,999
|
$6,247,304,000 | 0.02% |
| Ishares Tr |
Opened
6,500
|
$2,369,315,000 | 0.01% |
| UiPath, Inc. |
64.96%
73,641
|
$933,768,000 | 0.00% |
| Bio-Techne Corp |
Closed
12,732
|
$896,205,000 | |
| Costar Group, Inc. |
99.90%
5,398
|
$400,208,000 | 0.00% |
| Intuit Inc |
Closed
195
|
$126,750,000 | |
| BILL Holdings Inc |
Closed
1,255
|
$86,244,000 | |
| Adobe Inc |
Closed
160
|
$80,736,000 | |
| Icon Plc |
Closed
199
|
$66,854,000 | |
| Linde Plc. |
Closed
97
|
$45,039,000 | |
| Canadian Pacific Kansas City |
Closed
499
|
$43,997,000 | |
| Match Group Inc. |
Closed
821
|
$29,786,000 | |
| Coursera, Inc. |
Closed
1,285
|
$18,016,000 | |
| Illumina Inc |
Closed
103
|
$14,144,000 | |
| No transactions found | |||
| Showing first 500 out of 76 holdings | |||
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