FS
Frank Sands
SANDS CAPITAL MANAGEMENT, LLC · Investor
1Y performance ⓘ
+6%
AUM (13F)
$25.5B
# of Holdings
67
3Y performance ⓘ
+78%
vs S&P 500 ⓘ
+14%
Updated
Mar 31
Frank Sands's SANDS CAPITAL MANAGEMENT, LLC holds 67 U.S.-equity positions worth $25.5B (SEC 13F, Q1 2026). Top positions: NVIDIA CORP 12.4%, Taiwan Semiconductor Manufac 7.8%, Alphabet Inc. Class A Common Stock 5.8%. 13F-replication return is +78% over 3 years (+14 pts vs the S&P 500) — a replicated, non-audited figure.
Holdings
| Stock | % of portfolio | Shares | Value | Latest activity | Avg buy price | Current price | Date |
|---|---|---|---|---|---|---|---|
| NVDA NVIDIA CORP | 12.4% | 18.1M | $3.2B | ▼ 9.8% (−2.0M) | $44.36 | $200.75 (+353%) | 2026-03-31 |
| TSM Taiwan Semiconductor Manufac | 7.8% | 5.9M | $2.0B | ▼ 14% (−963K) | $143.28 | $404.25 (+182%) | 2026-03-31 |
| GOOGL Alphabet Inc. Class A Common Stock | 5.8% | 5.1M | $1.5B | ▲ 3.8% (+185K) | $163.07 | $356.13 (+118%) | 2026-03-31 |
| AMZN Amazon.Com Inc | 5.5% | 6.7M | $1.4B | ▼ 9.7% (−721K) | $106.64 | $271.58 (+155%) | 2026-03-31 |
| SHOP Shopify Inc. Class A subordinate voting shares | 4.2% | 8.9M | $1.1B | ▼ 6.0% (−570K) | $80.46 | $117.15 (+46%) | 2026-03-31 |
| NFLX NetFlix Inc | 3.5% | 9.4M | $905M | ▼ 6.1% (−608K) | $34.55 | $71.71 (+108%) | 2026-03-31 |
| SPOT Spotify Technology S.A. | 3.4% | 1.8M | $870M | ▲ 22% (+324K) | $449.38 | $499.94 (+11%) | 2026-03-31 |
| ASML Asml Hldg Nv | 3.3% | 640K | $845M | ▼ 4.5% (−30K) | $818.83 | $1,629.00 (+99%) | 2026-03-31 |
| V VISA Inc. | 3.3% | 2.8M | $837M | ▼ 10% (−320K) | $232.44 | $366.13 (+58%) | 2026-03-31 |
| MELI Mercado Libre, Inc | 3.2% | 475K | $822M | ▼ 6.7% (−34K) | $1,318.06 | $1,877.95 (+42%) | 2026-03-31 |
| NET Cloudflare, Inc. Class A common stock, par value $0.001 per share | 3.0% | 3.7M | $756M | ▼ 1.9% (−70K) | $70.09 | $278.98 (+298%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 2.9% | 1.3M | $732M | ▲ 1.9% (+24K) | $363.23 | $556.71 (+53%) | 2026-03-31 |
| ICE Intercontinental Exchange Inc. | 2.7% | 4.4M | $690M | ▼ 20% (−1.1M) | $164.94 | $152.48 (−8%) | 2026-03-31 |
| CVNA Carvana Co. | 2.6% | 2.1M | $666M | ▼ 13% (−325K) | $74.59 | $62.36 (−16%) | 2026-03-31 |
| AXON Axon Enterprise, Inc. Common Stock | 2.6% | 1.6M | $664M | ▼ 2.8% (−45K) | $245.91 | $527.76 (+115%) | 2026-03-31 |
| ISRG Intuitive Surgical Inc. | 2.4% | 1.3M | $609M | ▼ 4.0% (−56K) | $484.23 | $353.33 (−27%) | 2026-03-31 |
| DASH DoorDash, Inc. Class A Common Stock | 2.3% | 4.0M | $594M | ▼ 12% (−540K) | $80.71 | $196.16 (+143%) | 2026-03-31 |
| MSFT MICROSOFT CORP | 2.2% | 1.5M | $566M | ▼ 38% (−941K) | $336.39 | $464.72 (+38%) | 2026-03-31 |
| IOT Samsara Inc. | 1.9% | 15.7M | $496M | ▼ 18% (−3.5M) | $36.57 | $37.27 (+2%) | 2026-03-31 |
| NU Nu Holdings Ltd. | 1.9% | 34.3M | $493M | ▼ 23% (−10.1M) | $7.14 | $14.33 (+101%) | 2026-03-31 |
| AVGO Broadcom Inc. Common Stock | 1.7% | 1.4M | $434M | ▼ 34% (−712K) | $210.30 | $389.28 (+85%) | 2026-03-31 |
| SE Sea Ltd | 1.5% | 4.7M | $392M | ▼ 14% (−772K) | $83.97 | $106.74 (+27%) | 2026-03-31 |
| APP Applovin Corporation Class A Common Stock | 1.5% | 972K | $387M | ▼ 34% (−492K) | $464.76 | $395.90 (−15%) | 2026-03-31 |
| PWR Quanta Services, Inc. | 1.4% | 626K | $344M | ▲ 8.6% (+49K) | $432.08 | $667.36 (+54%) | 2026-03-31 |
| XYZ Block, Inc. | 1.3% | 5.5M | $332M | ▼ 7.1% (−419K) | $58.40 | $81.24 (+39%) | 2026-03-31 |
| CRS Carpenter Technology Corp | 1.3% | 823K | $324M | ▲ 32% (+202K) | $334.26 | $519.66 (+55%) | 2026-03-31 |
| CSL Carlisle Companies, Inc. | 1.2% | 920K | $307M | ▼ 5.0% (−48K) | $347.43 | $359.92 (+4%) | 2026-03-31 |
| ARGX Argenx Se | 1.0% | 340K | $248M | ▼ 4.6% (−17K) | $836.13 | $853.82 (+2%) | 2026-03-31 |
| BE Bloom Energy Corporation | 0.9% | 1.8M | $241M | NEW (+1.8M) | $135.49 | $205.81 (+52%) | 2026-03-31 |
| BLDR Builders FirstSource, Inc. | 0.8% | 2.6M | $216M | ▼ 5.0% (−137K) | $120.43 | $66.44 (−45%) | 2026-03-31 |
| ONON On Holding AG | 0.8% | 6.3M | $215M | ▼ 4.7% (−310K) | $48.96 | $36.24 (−26%) | 2026-03-31 |
| STX Seagate Technology Holdings PLC Ordinary Shares (Ireland) | 0.8% | 532K | $208M | NEW (+532K) | $391.76 | $856.13 (+119%) | 2026-03-31 |
| FLUT Flutter Entertainment plc | 0.8% | 2.0M | $203M | ▼ 4.7% (−98K) | $204.87 | $104.47 (−49%) | 2026-03-31 |
| TTEK Tetra Tech Inc | 0.8% | 6.7M | $201M | ▼ 5.0% (−348K) | $37.47 | $33.16 (−12%) | 2026-03-31 |
| MCK McKesson Corporation | 0.7% | 201K | $174M | ▲ 16% (+27K) | $732.99 | $856.19 (+17%) | 2026-03-31 |
| CPNG Coupang, Inc. | 0.7% | 9.2M | $173M | ▼ 11% (−1.1M) | $16.47 | $16.35 (−1%) | 2026-03-31 |
| DDOG Datadog, Inc. Class A Common Stock | 0.7% | 1.4M | $166M | ▼ 7.1% (−107K) | $77.74 | $267.97 (+245%) | 2026-03-31 |
| LRCX Lam Research Corp | 0.6% | 755K | $161M | NEW (+755K) | $213.66 | $293.02 (+37%) | 2026-03-31 |
| RBLX Roblox Corporation | 0.6% | 2.7M | $154M | ▼ 14% (−457K) | $44.26 | $35.60 (−20%) | 2026-03-31 |
| FWONK Liberty Media Corporation Series C Liberty Formula One Common Stock | 0.5% | 1.6M | $133M | ▼ 25% (−523K) | $65.93 | $98.13 (+49%) | 2026-03-31 |
| KSPI Kaspi Kz Jsc | 0.5% | 1.6M | $117M | ▼ 19% (−362K) | $112.61 | $88.78 (−21%) | 2026-03-31 |
| TDG TransDigm Group Incorporated | 0.4% | 94K | $109M | ▼ 8.6% (−9K) | $871.87 | $1,254.38 (+44%) | 2026-03-31 |
| WCN Waste Connections, Inc. | 0.4% | 635K | $103M | ▼ 34% (−331K) | $183.81 | $167.38 (−9%) | 2026-03-31 |
| APH Amphenol Corporation | 0.4% | 806K | $102M | ▼ 8.4% (−73K) | $72.57 | $160.70 (+121%) | 2026-03-31 |
| RACE Ferrari N.V. | 0.4% | 288K | $97M | ▼ 7.2% (−22K) | $343.94 | $393.87 (+15%) | 2026-03-31 |
| RARE Ultragenyx Pharmaceutical Inc. | 0.3% | 3.2M | $67M | ▼ 7.8% (−271K) | $45.18 | $24.91 (−45%) | 2026-03-31 |
| BSX Boston Scientific Corp. | 0.2% | 736K | $46M | ▼ 8.6% (−69K) | $95.35 | $46.73 (−51%) | 2026-03-31 |
| YMM Full Truck Alliance Co Ltd | 0.2% | 5.0M | $41M | ▼ 19% (−1.2M) | $11.60 | $9.49 (−18%) | 2026-03-31 |
| GRAB Grab Holdings Limited Class A Ordinary Shares | 0.1% | 9.1M | $33M | ▼ 19% (−2.1M) | $3.80 | $3.50 (−8%) | 2026-03-31 |
| LLY Eli Lilly & Co. | 0.1% | 33K | $30M | NEW (+33K) | $919.77 | $1,148.84 (+25%) | 2026-03-31 |
Showing top 50 of 67 holdings by value.
FAQ ▾
What are Frank Sands's largest holdings?
As of the latest 13F: NVIDIA CORP 12.4%, Taiwan Semiconductor Manufac 7.8%, Alphabet Inc. Class A Common Stock 5.8%, Amazon.Com Inc 5.5%, Shopify Inc. Class A subordinate voting shares 4.2%.
How big is SANDS CAPITAL MANAGEMENT, LLC's 13F portfolio?
$25.5B across 67 disclosed U.S.-equity positions.
What is Frank Sands's 3-year performance?
+78% (13F-replication, price return), +14 pts vs the S&P 500. Not an audited fund return.
Where does this data come from?
U.S. SEC Form 13F-HR institutional holdings filings.
Sourced from SEC Form 13F-HR filings · Not investment advice ▾
Data as of 2026-03-31 · Methodology
13F-replication (price return, filing-date based) — not an audited fund return.
Published by WealthFile · Not investment advice.
Latest activity = change vs. the prior 13F. Avg buy price = est. entry over the trailing 3 years (gain = vs. latest price). Returns are 13F-replication, not audited fund returns. Sourced from SEC 13F filings.