13F-HR filed by SANDS CAPITAL MANAGEMENT, LLC
SANDS CAPITAL MANAGEMENT, LLC filed this 13F-HR for the quarter ended 2025-12-31, filed 2026-02-13, with 66 holding rows worth $32,875,165,743.
- Accession
- 0001020066-26-000005
- Filer
- CIK 1020066
- Filed
- 2026-02-13
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q4 2025
A holdings report, 66 entries on the cover page, a total value of $32,875,165,743 stated on the cover page (in dollars after the unit check, H1), rows summing to $32,875,165,743 with VALUE read as dollars as filed, 13F file number 028-05734. The quarter's positions are built on this report. The resolved quarter.
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| NVIDIA Corp | 67066G104 | COM | 20,043,571 | $3,738,125,991 | dollars as filed | |
| TAIWAN SEMICONDUCTOR MFG | 874039100 | SPONSORED ADS | 6,826,175 | $2,074,406,321 | dollars as filed | |
| Amazon.com, Inc | 023135106 | COM | 7,440,012 | $1,717,303,570 | dollars as filed | |
| Alphabet Inc. Reg. Shares A | 02079K305 | COM | 4,939,049 | $1,545,922,337 | dollars as filed | |
| SHOPIFY INC | 82509L107 | CL A SUB VTG SHS | 9,506,036 | $1,530,186,615 | dollars as filed | |
| Microsoft Corp | 594918104 | COM | 2,470,769 | $1,194,913,304 | dollars as filed | |
| Visa Inc | 92826C839 | COM | 3,090,129 | $1,083,739,280 | dollars as filed | |
| CARVANA CO CL A | 146869102 | Stock | 2,442,534 | $1,030,798,199 | dollars as filed | |
| MERCADOLIBREINC | 58733R102 | STOK | 509,645 | $1,026,557,538 | dollars as filed | |
| DOORDASH INC CL A | 25809K105 | Stock | 4,496,607 | $1,018,391,553 | dollars as filed | |
| APPLOVIN CORP COM CL A | 03831W108 | Stock | 1,463,351 | $986,035,171 | dollars as filed | |
| Netflix, Inc | 64110L106 | COM | 10,023,088 | $939,764,731 | dollars as filed | |
| AXONENTERPRISEINC | 05464C101 | STOK | 1,609,436 | $914,046,987 | dollars as filed | |
| Intercontinental Exchange,Inc. | 45866F104 | COM | 5,502,896 | $891,249,036 | dollars as filed | |
| SPOTIFYTECHNOLOGYSAF | L8681T102 | STOK | 1,469,848 | $853,555,432 | dollars as filed | |
| META PLATFORMS INC CL A | 30303M102 | COM | 1,254,871 | $828,327,798 | dollars as filed | |
| Intuitive Surgical,Inc. | 46120E602 | COM | 1,376,958 | $779,853,933 | dollars as filed | |
| NU HLDGS LTD | G6683N103 | ORD SHS CL A | 44,423,895 | $743,656,002 | dollars as filed | |
| CLOUDFLARE INC CL A COM | 18915M107 | Stock | 3,731,287 | $735,623,232 | dollars as filed | |
| Broadcom Inc. | 11135F101 | COM | 2,114,521 | $731,835,718 | dollars as filed | |
| ASMLHLDGNVFSPONSOREDADR1ADRREPS1ORDSHS | N07059210 | STOK | 669,985 | $716,790,152 | dollars as filed | |
| SEA LTD | 81141R100 | SPONSORD ADS | 5,501,013 | $701,764,228 | dollars as filed | |
| SAMSARA INC COM CL A | 79589L106 | Stock | 19,123,318 | $677,921,623 | dollars as filed | |
| ServiceNow,Inc. | 81762P102 | COM | 3,842,914 | $588,695,996 | dollars as filed | |
| FLUTTER ENTMT PLC SHS | G3643J108 | Stock | 2,087,048 | $448,798,802 | dollars as filed | |
| BLOCK INC CL A | 852234103 | Stock | 5,929,883 | $385,976,084 | dollars as filed | |
| CARLISLE COS INC COM | 142339100 | Stock | 967,640 | $309,509,330 | dollars as filed | |
| ON HLDG AG NAMEN AKT A | H5919C104 | Stock | 6,635,050 | $308,397,124 | dollars as filed | |
| IRHYTHM HOLDINGS INC COM | 450056106 | Stock | 1,699,645 | $301,585,009 | dollars as filed | |
| ARGENX SE SPONSORED ADR | 04016X101 | ADR | 356,870 | $300,109,826 | dollars as filed | |
| BUILDERS FIRSTSOURCE INC COM | 12008R107 | Stock | 2,757,969 | $283,767,430 | dollars as filed | |
| ROBLOX CORP CL A | 771049103 | Stock | 3,183,399 | $257,950,821 | dollars as filed | |
| QUANTA SVCS INC | 74762E102 | COM | 576,896 | $243,484,726 | dollars as filed | |
| COUPANG INC | 22266T109 | CL A | 10,319,665 | $243,440,897 | dollars as filed | |
| TETRA TECH INC NEW | 88162G103 | COM | 7,007,004 | $235,014,914 | dollars as filed | |
| HDFC BANK LTD SPONSORED ADS | 40415F101 | ADR | 6,117,362 | $223,528,407 | dollars as filed | |
| DATADOGINCCLASSA | 23804L103 | STOK | 1,513,800 | $205,861,662 | dollars as filed | |
| LIBERTY MEDIA CORP DEL COM LBTY ONE S C | 531229755 | Stock | 2,082,513 | $205,148,356 | dollars as filed | |
| CARPENTER TECHNOLOGY CORP | 144285103 | COM | 621,684 | $195,730,991 | dollars as filed | |
| WASTE CONNECTIONS INC COM | 94106B101 | Stock | 965,880 | $169,376,717 | dollars as filed | |
| KASPI KZ JSC | 48581R205 | SPONSORED ADS | 1,948,761 | $152,256,697 | dollars as filed | |
| MCKESSON CORP COM | 58155Q103 | Stock | 174,268 | $142,950,298 | dollars as filed | |
| TRANSDIGM GROUP INC COM | 893641100 | Stock | 103,179 | $137,212,593 | dollars as filed | |
| ROPER TECHNOLOGIES INC COM | 776696106 | Stock | 287,318 | $127,893,861 | dollars as filed | |
| AMPHENOL CORP NEW | 032095101 | COM | 879,004 | $118,788,601 | dollars as filed | |
| FERRARI N V | N3167Y103 | COM | 309,983 | $114,557,317 | dollars as filed | |
| SAP SE SPON ADR | 803054204 | ADR | 394,117 | $95,734,960 | dollars as filed | |
| ULTRAGENYX PHARMACEUTICAL IN | 90400D108 | COM | 3,485,724 | $80,171,652 | dollars as filed | |
| CADENCE DESIGN SYSTEM INC COM | 127387108 | Stock | 252,008 | $78,772,661 | dollars as filed | |
| Boston Scientific Corporation | 101137107 | COM | 805,164 | $76,772,387 | dollars as filed | |
| FULL TRUCK ALLIANCE CO LTD SPONSORED ADS | 35969L108 | ADR | 6,123,768 | $65,708,031 | dollars as filed | |
| GALLAGHER ARTHUR J & CO COM | 363576109 | Stock | 244,255 | $63,210,751 | dollars as filed | |
| GRABHLDGSLTDFCLASSCLASSA | G4124C109 | STOK | 11,244,055 | $56,107,834 | dollars as filed | |
| GLOBANT S A | L44385109 | COM | 770,560 | $50,371,507 | dollars as filed | |
| KLAVIYO INC COM SER A | 49845K101 | Stock | 928,755 | $30,156,675 | dollars as filed | |
| PALO ALTO NETWORKS INC | 697435105 | COM | 162,963 | $30,017,785 | dollars as filed | |
| Linde plc | G54950103 | COM | 59,214 | $25,248,257 | dollars as filed | |
| ATLASSIANCORPCLASSA | 049468101 | STOK | 136,534 | $22,137,623 | dollars as filed | |
| STEVANATO GROUP S P A ORD SHS | T9224W109 | Stock | 493,006 | $9,919,281 | dollars as filed | |
| FIGMA INC CL A | 316841105 | COM | 189,782 | $7,092,153 | dollars as filed | |
| DUOLINGO INC CL A COM | 26603R106 | Stock | 39,975 | $7,015,612 | dollars as filed | |
| GITLAB INC CLASS A COM | 37637K108 | Stock | 127,475 | $4,784,137 | dollars as filed | |
| ISHARESRUSSELL1000GROWTHETF | 464287614 | STOK | 8,215 | $3,888,159 | dollars as filed | |
| Palantir Technologies Inc. Class A | 69608A108 | COM | 19,840 | $3,526,560 | dollars as filed | |
| SNOWFLAKE INC COM SHS | 833445109 | Stock | 11,960 | $2,623,546 | dollars as filed | |
| ALIBABA GROUP HLDG LTD | 01609W102 | SPONSORED ADS | 7,511 | $1,100,962 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001020066-26-000005 | this filing | 2026-02-13 | acceptance time not in the bulk data set |