SANDS CAPITAL MANAGEMENT, LLC Diversified Active

Location: Arlington, VA

CIK: 0001020066 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $32.88B (100.0% shares, 0.0% debt)

Holdings (66)

NVDA NVIDIA CORPORATION 11.4%
Value $3.738B Shares 20,043,571 Share Price $186.50 Est. Cost/Share $95.66 Unrealized @ Report Date +94.6%
TSM TAIWAN SEMICONDUCTOR MFG LTD 6.3%
Value $2.074B Shares 6,826,175 Share Price $303.89 Est. Cost/Share $132.88 Unrealized @ Report Date —
AMZN AMAZON COM INC 5.2%
Value $1.717B Shares 7,440,012 Share Price $230.82 Est. Cost/Share $124.09 Unrealized @ Report Date +84.4%
GOOGL ALPHABET INC 4.7%
Value $1.546B Shares 4,939,049 Share Price $313.00 * Est. Cost/Share $147.63 Unrealized @ Report Date +93.5%
SHOP SHOPIFY INC 4.7%
Value $1.53B Shares 9,506,036 Share Price $160.97 Est. Cost/Share $77.26 Unrealized @ Report Date +107.8%
MSFT MICROSOFT CORP 3.6%
Value $1.195B Shares 2,470,769 Share Price $483.62 * Est. Cost/Share $292.80 Unrealized @ Report Date +71.0%
V VISA INC 3.3%
Value $1.084B Shares 3,090,129 Share Price $350.71 * Est. Cost/Share $87.98 Unrealized @ Report Date +286.9%
CVNA CARVANA CO 3.1%
Value $1.031B Shares 2,442,534 Share Price $422.02 * Est. Cost/Share $329.84 Unrealized @ Report Date +12.7%
MELI MERCADOLIBRE INC 3.1%
Value $1.027B Shares 509,645 Share Price $2014.26 * Est. Cost/Share $1038.70 Unrealized @ Report Date +102.2%
DASH DOORDASH INC 3.1%
Value $1.018B Shares 4,496,607 Share Price $226.48 * Est. Cost/Share $154.33 Unrealized @ Report Date +52.0%
APP APPLOVIN CORP 3.0%
Value $986M Shares 1,463,351 Share Price $673.82 * Est. Cost/Share $427.04 Unrealized @ Report Date +47.5%
NFLX NETFLIX INC 2.9%
Value $940M Shares 10,023,088 Share Price $93.76 * Est. Cost/Share $98.04 Unrealized @ Report Date +10.0%
AXON AXON ENTERPRISE INC 2.8%
Value $914M Shares 1,609,436 Share Price $567.93 * Est. Cost/Share $246.02 Unrealized @ Report Date +152.2%
ICE INTERCONTINENTAL EXCHANGE IN 2.7%
Value $891M Shares 5,502,896 Share Price $161.96 * Est. Cost/Share $155.87 Unrealized @ Report Date +0.2%
SPOT SPOTIFY TECHNOLOGY S A 2.6%
Value $854M Shares 1,469,848 Share Price $580.71 * Est. Cost/Share $416.99 Unrealized @ Report Date +49.9%
META META PLATFORMS INC 2.5%
Value $828M Shares 1,254,871 Share Price $660.09 Est. Cost/Share $332.98 Unrealized @ Report Date +100.4%
ISRG INTUITIVE SURGICAL INC 2.4%
Value $780M Shares 1,376,958 Share Price $566.36 * Est. Cost/Share $516.81 Unrealized @ Report Date +3.0%
NU NU HLDGS LTD 2.3%
Value $744M Shares 44,423,895 Share Price $16.74 * Est. Cost/Share $7.63 Unrealized @ Report Date +110.6%
NET CLOUDFLARE INC 2.2%
Value $736M Shares 3,731,287 Share Price $197.15 * Est. Cost/Share $104.77 Unrealized @ Report Date +101.9%
AVGO BROADCOM INC 2.2%
Value $732M Shares 2,114,521 Share Price $346.10 * Est. Cost/Share $224.65 Unrealized @ Report Date +58.9%
ASML ASML HOLDING N V 2.2%
Value $717M Shares 669,985 Share Price $1069.86 Est. Cost/Share $526.51 Unrealized @ Report Date —
SE SEA LTD 2.1%
Value $702M Shares 5,501,013 Share Price $127.57 Est. Cost/Share $62.47 Unrealized @ Report Date —
IOT SAMSARA INC 2.1%
Value $678M Shares 19,123,318 Share Price $35.45 * Est. Cost/Share $40.14 Unrealized @ Report Date -3.6%
NOW SERVICENOW INC 1.8%
Value $589M Shares 3,842,914 Share Price $153.19 * Est. Cost/Share $133.79 Unrealized @ Report Date +28.2%
FLUT FLUTTER ENTMT PLC 1.4%
Value $449M Shares 2,087,048 Share Price $215.04 * Est. Cost/Share $209.19 Unrealized @ Report Date +7.5%
XYZ BLOCK INC 1.2%
Value $386M Shares 5,929,883 Share Price $65.09 * Est. Cost/Share $116.40 Unrealized @ Report Date -40.7%
CSL CARLISLE COS INC 0.9%
Value $310M Shares 967,640 Share Price $319.86 Est. Cost/Share $366.72 Unrealized @ Report Date -12.0%
ONON ON HLDG AG 0.9%
Value $308M Shares 6,635,050 Share Price $46.48 * Est. Cost/Share $49.89 Unrealized @ Report Date -13.6%
IRTC IRHYTHM TECHNOLOGIES INC 0.9%
Value $302M Shares 1,699,645 Share Price $177.44 Est. Cost/Share $151.06 Unrealized @ Report Date +17.3%
ARGX ARGENX SE 0.9%
Value $300M Shares 356,870 Share Price $840.95 Est. Cost/Share $836.13 Unrealized @ Report Date —
BLDR BUILDERS FIRSTSOURCE INC 0.9%
Value $284M Shares 2,757,969 Share Price $102.89 * Est. Cost/Share $134.99 Unrealized @ Report Date -16.8%
RBLX ROBLOX CORP 0.8%
Value $258M Shares 3,183,399 Share Price $81.03 * Est. Cost/Share $41.71 Unrealized @ Report Date +154.5%
PWR QUANTA SVCS INC 0.7%
Value $243M Shares 576,896 Share Price $422.06 * Est. Cost/Share $439.27 Unrealized @ Report Date 0.0%
CPNG COUPANG INC 0.7%
Value $243M Shares 10,319,665 Share Price $23.59 * Est. Cost/Share $17.49 Unrealized @ Report Date +62.7%
TTEK TETRA TECH INC NEW 0.7%
Value $235M Shares 7,007,004 Share Price $33.54 Est. Cost/Share $40.78 Unrealized @ Report Date -17.1%
HDB HDFC BANK LTD 0.7%
Value $224M Shares 6,117,362 Share Price $36.54 Est. Cost/Share $49.19 Unrealized @ Report Date —
DDOG DATADOG INC 0.6%
Value $206M Shares 1,513,800 Share Price $135.99 * Est. Cost/Share $98.81 Unrealized @ Report Date +59.9%
FWONK LIBERTY MEDIA CORP DEL 0.6%
Value $205M Shares 2,082,513 Share Price $98.51 Est. Cost/Share $65.93 Unrealized @ Report Date —
CRS CARPENTER TECHNOLOGY CORP 0.6%
Value $196M Shares 621,684 Share Price $314.84 * Est. Cost/Share $300.56 Unrealized @ Report Date 0.0%
WCN WASTE CONNECTIONS INC 0.5%
Value $169M Shares 965,880 Share Price $175.36 Est. Cost/Share $177.72 Unrealized @ Report Date -2.8%
KSPI KASPI KZ JSC 0.5%
Value $152M Shares 1,948,761 Share Price $78.13 Est. Cost/Share $112.61 Unrealized @ Report Date —
MCK MCKESSON CORP 0.4%
Value $143M Shares 174,268 Share Price $820.29 Est. Cost/Share $668.43 Unrealized @ Report Date +22.0%
TDG TRANSDIGM GROUP INC 0.4%
Value $137M Shares 103,179 Share Price $1329.85 Est. Cost/Share $601.20 Unrealized @ Report Date +118.0%
ROP ROPER TECHNOLOGIES INC 0.4%
Value $128M Shares 287,318 Share Price $445.13 * Est. Cost/Share $412.09 Unrealized @ Report Date +12.2%
APH AMPHENOL CORP NEW 0.4%
Value $119M Shares 879,004 Share Price $135.14 Est. Cost/Share $74.15 Unrealized @ Report Date +80.1%
RACE FERRARI N V 0.3%
Value $115M Shares 309,983 Share Price $369.56 * Est. Cost/Share $350.30 Unrealized @ Report Date +14.2%
SAP SAP SE 0.3%
Value $95.73M Shares 394,117 Share Price $242.91 Est. Cost/Share $273.39 Unrealized @ Report Date —
RARE ULTRAGENYX PHARMACEUTICAL IN 0.2%
Value $80.17M Shares 3,485,724 Share Price $23.00 * Est. Cost/Share $43.30 Unrealized @ Report Date -24.1%
CDNS CADENCE DESIGN SYSTEM INC 0.2%
Value $78.77M Shares 252,008 Share Price $312.58 * Est. Cost/Share $292.30 Unrealized @ Report Date +11.6%
BSX BOSTON SCIENTIFIC CORP 0.2%
Value $76.77M Shares 805,164 Share Price $95.35 * Est. Cost/Share $98.04 Unrealized @ Report Date 0.0%
YMM FULL TRUCK ALLIANCE CO LTD 0.2%
Value $65.71M Shares 6,123,768 Share Price $10.73 Est. Cost/Share $11.60 Unrealized @ Report Date —
AJG GALLAGHER ARTHUR J & CO 0.2%
Value $63.21M Shares 244,255 Share Price $258.79 * Est. Cost/Share $324.99 Unrealized @ Report Date -18.7%
GRAB GRAB HOLDINGS LIMITED 0.2%
Value $56.11M Shares 11,244,055 Share Price $4.99 * Est. Cost/Share $3.41 Unrealized @ Report Date +62.1%
GLOB GLOBANT S A 0.2%
Value $50.37M Shares 770,560 Share Price $65.37 * Est. Cost/Share $159.47 Unrealized @ Report Date -60.6%
KVYO KLAVIYO INC 0.1%
Value $30.16M Shares 928,755 Share Price $32.47 * Est. Cost/Share $30.34 Unrealized @ Report Date -7.7%
PANW PALO ALTO NETWORKS INC 0.1%
Value $30.02M Shares 162,963 Share Price $184.20 * Est. Cost/Share $186.87 Unrealized @ Report Date +8.0%
LIN LINDE PLC 0.1%
Value $25.25M Shares 59,214 Share Price $426.39 Est. Cost/Share $448.71 Unrealized @ Report Date -4.8%
TEAM ATLASSIAN CORPORATION 0.1%
Value $22.14M Shares 136,534 Share Price $162.14 * Est. Cost/Share $163.93 Unrealized @ Report Date -4.3%
STVN STEVANATO GROUP S P A 0.0%
Value $9.919M Shares 493,006 Share Price $20.12 * Est. Cost/Share $28.58 Unrealized @ Report Date -18.7%
FIG FIGMA INC 0.0%
Value $7.092M Shares 189,782 Share Price $37.37 * Est. Cost/Share $68.66 Unrealized @ Report Date -34.2%
DUOL DUOLINGO INC 0.0%
Value $7.016M Shares 39,975 Share Price $175.50 * Est. Cost/Share $334.45 Unrealized @ Report Date -29.5%
GTLB GITLAB INC 0.0%
Value $4.784M Shares 127,475 Share Price $37.53 * Est. Cost/Share $49.24 Unrealized @ Report Date -12.1%
IWF ISHARES TR 0.0%
Value $3.888M Shares 8,215 Share Price $473.30 Est. Cost/Share $473.30 Unrealized @ Report Date —
PLTR PALANTIR TECHNOLOGIES INC 0.0%
Value $3.527M Shares 19,840 Share Price $177.75 Est. Cost/Share $181.03 Unrealized @ Report Date 0.0%
SNOW SNOWFLAKE INC 0.0%
Value $2.624M Shares 11,960 Share Price $219.36 * Est. Cost/Share $239.65 Unrealized @ Report Date +1.9%
BABA ALIBABA GROUP HLDG LTD 0.0%
Value $1.101M Shares 7,511 Share Price $146.58 Est. Cost/Share $146.58 Unrealized @ Report Date —