Sands Capital portfolio and 13F holdings: the top 10 positions reported for 2026-06-30
The 10 largest positions Sands Capital reported on Form 13F-HR for 2026-06-30, each at 0.5% or more of its portfolio and together 47.6% of everything it reported. Share, value and quarter-over-quarter change, straight from SEC EDGAR — no price data goes into the figures above.
Reported positions
Largest share first. Positions below 0.5% of the portfolio, and anything past the 10th, are not listed
| Ticker | Company | % of fund | Value | Change |
|---|---|---|---|---|
| Nvidia Corporation | 10.45% | $2.81 bn | reduced | |
| Taiwan Semiconductor Mfg Ltd | 6.96% | $1.87 bn | reduced | |
| Alphabet Inc | 6.49% | $1.75 bn | reduced | |
 AMZN | Amazon Com Inc | 4.30% | $1.16 bn | reduced |
| Asml Hldg Nv | 3.94% | $1.06 bn | reduced | |
| BE | Bloom Energy Corp | 3.29% | $886 m | increased |
| Axon Enterprise Inc | 3.08% | $830 m | reduced | |
 SHOP | Shopify Inc | 3.07% | $827 m | reduced |
| Visa Inc | 3.03% | $816 m | reduced | |
| Spotify Technology SA | 3.00% | $809 m | held |
Of the 10 positions above: increased 1 · held 1 · reduced 8. The reduced ones are NVDA, TSM, GOOGL, AMZN, ASML, AXON, SHOP, V. These labels come from comparing with the previous quarter's filing — Form 13F itself has no such column. Positions sold out during the quarter do not appear here at all.
Who else holds these names
Among the 59 funds we track, those reporting the same name as a top position. Not the total number of institutions holding it — funds we do not track, and smaller positions that miss the cut, do not appear. Each fund's as-of date is its own latest filing and is not necessarily the same quarter. Linked where we have a page for them
| Ticker | Funds | Also held by |
|---|---|---|
| 17 | Altimeter Capital, Appaloosa, Baillie Gifford, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Fisher Asset Management, Gotham Asset Management, Marshall Wace, Maverick Capital, Millennium Management, Polen Capital, Renaissance Technologies, Soros Fund Management, Tiger Global, Tudor Investment, Two Sigma Investments | |
| 14 | Altimeter Capital, Appaloosa, Coatue Management, Duquesne Family Office, First Eagle Investment, Fisher Asset Management, Point72, Ruane Cunniff & Goldfarb, Soros Fund Management, Third Point, Tiger Global, Tudor Investment, Viking Global, Wedgewood Partners | |
| 19 | Abrams Capital, Berkshire Hathaway, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Duquesne Family Office, Fisher Asset Management, Harris Associates, Himalaya Capital, Renaissance Technologies, Ruane Cunniff & Goldfarb, Soros Fund Management, TCI Fund Management, Third Point, Tiger Global, Tweedy Browne, Wedgewood Partners, Whale Rock Capital | |
| AMZN | 29 | Altimeter Capital, Appaloosa, ARK Investment Management, Baillie Gifford, Baupost Group, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Dragoneer Investment, Duquesne Family Office, Farallon Capital, Fisher Asset Management, Glenview Capital, Gotham Asset Management, Marshall Wace, Maverick Capital, Millennium Management, Pershing Square, Point72, Polen Capital, Soros Fund Management, Third Point, Tiger Global, Tudor Investment, Two Sigma Investments, ValueAct, Wedgewood Partners, Whale Rock Capital |
| 4 | Fisher Asset Management, Lone Pine Capital, Point72, Two Sigma Investments | |
| BE | 1 | Whale Rock Capital |
| SHOP | 2 | ARK Investment Management, Baillie Gifford |
| 7 | Akre Capital, Baupost Group, Polen Capital, TCI Fund Management, ValueAct, Viking Global, Wedgewood Partners | |
| 2 | Baillie Gifford, ValueAct |
Sands Capital portfolio value: what the 13F reports, and why it is not AUM
Sands Capital reported $26.93 bn of positions on its Form 13F-HR for the quarter ending 2026-06-30, filed with the SEC on 2026-08-13 — 44 days after the quarter closed. By reported 13F value that makes it the 20th largest of the 59 funds tracked here, between Pzena Investment ($34.07 bn) and Bridgewater Associates ($24.38 bn).
That $26.93 bn is the 13F portfolio value, not Sands Capital's assets under management (AUM). A Form 13F lists the long positions a manager held in US-listed securities on the last day of the quarter. Cash, bonds, positions listed outside the United States, private investments and anything held short are not on the form, and options are left out of the figures on this page. Sands Capital's total AUM can therefore be larger than $26.93 bn, and for a manager that also runs short positions the 13F shows only one side of the book. What the number does give you is exact: it is Sands Capital's own count of its long US equity holdings on 2026-06-30, as filed.
Sands Capital top holdings in Q2 2026: how concentrated the portfolio is
The largest position Sands Capital reported is Nvidia Corporation (NVDA), at 10.45% of the portfolio — $2.81 bn. The top three — NVDA, TSM and GOOGL — add up to 23.9%, and the top five to 32.1%. All 10 positions listed here come to 47.6% of what the fund reported, or $12.82 bn. At 47.6% in 10 names the portfolio is moderately concentrated: the table covers the core of the book, with the remainder in smaller positions that are not listed here.
Compared with the filing for the quarter before: BE was added to; NVDA, TSM, GOOGL, AMZN, ASML, AXON, SHOP and V were cut back; SPOT was left unchanged. A position sold in full during the quarter drops off the form altogether, so exits cannot be read from this list.
Funds whose top holdings overlap most with Sands Capital
Of the 10 positions above, Fisher Asset Management reports 5 of the same names (NVDA, TSM, GOOGL, AMZN, ASML); Baillie Gifford reports 4 of the same names (NVDA, AMZN, SHOP, SPOT); Soros Fund Management reports 4 of the same names (NVDA, TSM, GOOGL, AMZN); Tiger Global reports 4 of the same names (NVDA, TSM, GOOGL, AMZN); Wedgewood Partners reports 4 of the same names (TSM, GOOGL, AMZN, V). Overlap is counted against each fund's own largest reported positions, so a fund holding the same stock as a small position does not show up here.
Sands Capital 13F: questions and answers
What is Sands Capital's largest holding?
Nvidia Corporation (NVDA), at 10.45% of the reported portfolio ($2.81 bn) as of 2026-06-30. Taiwan Semiconductor Mfg Ltd (TSM) is second at 6.96%, followed by Alphabet Inc (GOOGL) at 6.49%.
What is Sands Capital's AUM?
Its latest Form 13F reports $26.93 bn of long positions in US-listed securities for 2026-06-30. That is the 13F portfolio value rather than total AUM: cash, bonds, non-US listings, private holdings and short positions are not included, so the firm-wide figure Sands Capital manages can differ from it.
What did Sands Capital buy and sell in Q2 2026?
Among its 10 largest positions, the Q2 2026 filing shows additions to BE; reductions in NVDA, TSM, GOOGL, AMZN, ASML, AXON, SHOP and V. The form compares share counts between two quarter ends, so it does not show the dates or prices of the trades, and positions sold out completely are absent rather than marked.
When does Sands Capital file its next 13F?
The filing shown here covers the quarter ending 2026-06-30 and was filed on 2026-08-13, 44 days after quarter end. Form 13F is due within 45 days of each quarter end, so the next one — for the quarter ending 2026-09-30 — is due by 2026-11-14.
How many stocks does Sands Capital hold?
This page lists its 10 largest reported positions, which cover 47.6% of the reported value. The full filing can contain more: positions below 0.5% of the portfolio, and anything past the top 10, are not listed here, so 10 is not the number of stocks Sands Capital owns.
Source: SEC EDGAR, Form 13F-HR — public domain, reproduced as filed. The table above is not the fund's entire portfolio. The list is capped at 10, so the 10 shown add up to 47.6% of what the fund reported — the rest does not appear here. 13F carries up to a 45-day reporting delay, covers long positions in US-listed securities only, and excludes options and short positions. Values are as reported in the filing, not current market value. No price data is involved in the figures above. Names are EDGAR's own spelling.
See the 13F filings for Sands Capital on SEC EDGAR
This page covers one fund in one quarter. Every fund, every quarter-over-quarter change and every insider purchase live in WhaleSignals.