SANDS CAPITAL MANAGEMENT, LLC Holdings - 3Q25

As of September 30, 2025, SANDS CAPITAL MANAGEMENT, LLC reported 64 positions comprising 64 stocks worth $36.2B. The top 5 holdings represented 30.8% of the portfolio. During the quarter, the fund entered 4 new positions and exited 6. Explore portfolio value and concentration trends, quarterly position counts, and a detailed breakdown of each holding below.