Sands Capital's top holdings (May 2026) include NVIDIA Corp (NVDA), a leading designer of graphics processing units (GPUs) and artificial intelligence technology.

Sands Capital is an investment management firm that focuses on identifying and investing in innovative, high-quality growth businesses globally. The firm employs a rigorous, research-intensive approach to construct portfolios for its clients, concentrating on companies it believes are well-positioned for long-term growth.

NVIDIA Corp (NVDA)

NVIDIA is at the forefront of designing graphics processing units (GPUs) for gaming, professional visualization, and data centers. The company's technology is crucial for advancements in artificial intelligence, high-performance computing, and autonomous vehicles, establishing a significant presence across various high-growth sectors.
NVIDIA commands a market capitalization of $5.06T. This holding in Sands Capital's portfolio is currently worth $4.0B. Analysts have set a price target of $282.2 for NVIDIA, while its discounted cash flow analysis suggests a value of $248.42 per share.
Here's an overview of Sands Capital's trades in NVIDIA Corp:

Taiwan Semiconductor Manufacturing - ADR (TSM)

Taiwan Semiconductor Manufacturing Co. (TSMC) operates as the world's largest dedicated independent semiconductor foundry. It manufactures integrated circuits for a wide range of customers, powering devices from smartphones and computers to automotive electronics and AI applications.
The company's market cap stands at $2.09T. The current value of Sands Capital's position in TSMC is $2.7B. Its discounted cash flow valuation is $191.25 per share, and analysts provide a price target of $447.5.
Here's an overview of Sands Capital's trades in Taiwan Semiconductor Manufacturing - ADR:

Amazon.com Inc. (AMZN)

Amazon.com Inc. is a multinational technology company known for its e-commerce platform, cloud computing services through Amazon Web Services (AWS), and digital streaming. It holds a dominant position in online retail and is a major player in the cloud infrastructure market globally.
Amazon has a market capitalization of $2.84T, with Sands Capital's position currently valued at $1.97B. For Amazon, the average analyst price target is $284.28, and a discounted cash flow assessment indicates $142.45 per share.
Here's an overview of Sands Capital's trades in Amazon.com Inc.:

Alphabet Inc - Ordinary Shares - Class A (GOOGL)

Alphabet Inc. is the parent company of Google, encompassing its diverse portfolio including search engine, advertising technologies, Android operating system, YouTube, and various other services. It maintains a leading position in digital advertising and internet services worldwide.
The market capitalization for Alphabet is $4.17T. Sands Capital's holding in Alphabet is currently worth $1.9B. The discounted cash flow value for the company is $199.52 per share, and analysts forecast a price target of $379.58.
Here's an overview of Sands Capital's trades in Alphabet Inc:

Shopify Inc - Ordinary Shares - Class A (SHOP)

Shopify provides a leading e-commerce platform for businesses of all sizes, enabling them to build online stores and manage sales across multiple channels. Its comprehensive suite of tools supports merchants from initial setup to marketing and order fulfillment.
With a market cap of $163.7B, Shopify sees Sands Capital's position valued at $1.15B. Analysts project a price target of $157.59 for Shopify, and its discounted cash flow suggests a value of $16.5 per share.
Here's an overview of Sands Capital's trades in Shopify Inc: