Investor: Frank M. Sands
Number of Assets: 75
Reporting Period: Q1 - 2025
Holdings at Report: $29,394,787,390
Return Since Report: +$8,210,601,399
Return Since Report: +27.93%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Dexcom Inc. (DXCM) | Equity | -6.26% | 10,414,156 | 2.42% | $68.29 | $88.70 | $711,182,713 | $923,735,637 | +$212,552,924 | +29.89% |
| Doordash Inc. (DASH) | Equity | -6.53% | 5,507,021 | 3.42% | $182.77 | $249.43 | $1,006,518,228 | $1,373,588,713 | +$367,070,485 | +36.47% |
| Edwards Lifesciences Corp. (EW) | Equity | +6.49% | 19,244 | 0.00% | $72.48 | $79.51 | $1,394,805 | $1,530,090 | +$135,285 | +9.70% |
| Entegris Inc. (ENTG) | Equity | -99.85% | 11,172 | 0.00% | $87.48 | $92.21 | $977,327 | $1,030,170 | +$52,843 | +5.41% |
| Ferrari N.V. (RACE) | Equity | -0.90% | 246,069 | 0.36% | $427.88 | $518.24 | $105,288,004 | $127,522,799 | +$22,234,795 | +21.12% |
| Flutter Entertainment PLC (FLUT) | Equity | -5.00% | 2,195,271 | 1.65% | $221.55 | $303.81 | $486,362,290 | $666,945,283 | +$180,582,993 | +37.13% |
| Full Truck Alliance Co. Ltd. (YMM) | Equity | +66.45% | 10,250,292 | 0.45% | $12.77 | $11.34 | $130,896,229 | $116,187,060 | -$14,709,169 | -11.24% |
| Arthur J. Gallagher & Co. (AJG) | Equity | +100% | 202,631 | 0.24% | $345.24 | $314.91 | $69,956,326 | $63,810,528 | -$6,145,798 | -8.79% |
| Gitlab Inc. (GTLB) | Equity | 0% | 127,475 | 0.02% | $47.00 | $47.98 | $5,991,325 | $6,116,251 | +$124,926 | +2.09% |
| Global-E Online Ltd. (GLBE) | Equity | -22.24% | 522,035 | 0.06% | $35.65 | $34.51 | $18,610,548 | $18,015,428 | -$595,120 | -3.20% |
| Globant S.A. (GLOB) | Equity | -8.96% | 902,535 | 0.36% | $117.72 | $93.50 | $106,246,420 | $84,387,023 | -$21,859,397 | -20.57% |
| Irhythm Technologies Inc. (IRTC) | Equity | -5.05% | 3,016,207 | 1.07% | $104.68 | $133.35 | $315,736,549 | $402,211,203 | +$86,474,654 | +27.39% |
| Ishares Russell 1000 Growth ETF (IWF) | Equity | +63.08% | 26,465 | 0.03% | $361.09 | $440.48 | $9,556,247 | $11,657,303 | +$2,101,056 | +21.99% |
| Klaviyo Inc. (KVYO) | Equity | -21.40% | 972,749 | 0.10% | $30.26 | $33.02 | $29,435,385 | $32,115,308 | +$2,679,923 | +9.10% |
| Formula One Group (FWONK) | Equity | -23.36% | 1,919,229 | 0.59% | $90.01 | $102.72 | $172,749,802 | $197,143,203 | +$24,393,401 | +14.12% |
| Linde PLC (LIN) | Equity | -0.40% | 89,288 | 0.14% | $465.64 | $472.70 | $41,576,064 | $42,206,438 | +$630,374 | +1.52% |
| Mckesson Corp. (MCK) | Equity | +100% | 91,750 | 0.21% | $672.99 | $712.35 | $61,746,832 | $65,357,654 | +$3,610,822 | +5.85% |
| Mercadolibre Inc. (MELI) | Equity | -8.45% | 611,999 | 4.06% | $1,950.87 | $2,361.08 | $1,193,930,489 | $1,444,978,599 | +$251,048,110 | +21.03% |
| Meta Platforms Inc. (META) | Equity | +13.20% | 1,507,762 | 2.96% | $576.36 | $715.15 | $869,013,706 | $1,078,275,994 | +$209,262,288 | +24.08% |
| Microsoft Corp. (MSFT) | Equity | -5.55% | 2,648,248 | 3.38% | $375.39 | $517.06 | $994,125,817 | $1,369,303,111 | +$375,177,294 | +37.74% |
| Monday.Com Ltd. (MNDY) | Equity | +31.54% | 115,041 | 0.10% | $243.16 | $292.26 | $27,973,370 | $33,621,883 | +$5,648,513 | +20.19% |
| Netflix Inc. (NFLX) | Equity | -0.99% | 1,467,474 | 4.66% | $932.53 | $1,179.81 | $1,368,463,529 | $1,731,333,163 | +$362,869,634 | +26.52% |
| Nike Inc. (NKE) | Equity | -5.12% | 3,754,580 | 0.81% | $63.48 | $76.41 | $238,340,738 | $286,887,458 | +$48,546,720 | +20.37% |
| Nu Holdings Ltd. (NU) | Equity | -11.29% | 51,443,965 | 1.79% | $10.24 | $12.78 | $526,786,202 | $657,196,653 | +$130,410,451 | +24.76% |
| Nvidia Corp. (NVDA) | Equity | -9.59% | 19,926,183 | 7.35% | $108.38 | $173.98 | $2,159,599,714 | $3,466,657,687 | +$1,307,057,973 | +60.52% |
| Okta Inc. (OKTA) | Equity | -21.62% | 358,721 | 0.13% | $105.22 | $102.91 | $37,744,624 | $36,915,619 | -$829,005 | -2.20% |
| Repligen Corp. (RGEN) | Equity | -5.14% | 1,294,196 | 0.56% | $127.24 | $122.59 | $164,673,499 | $158,655,488 | -$6,018,011 | -3.65% |
| Roblox Corp. (RBLX) | Equity | -4.96% | 4,006,330 | 0.79% | $58.29 | $119.35 | $233,528,976 | $478,155,486 | +$244,626,510 | +104.75% |
| Roper Technologies Inc. (ROP) | Equity | +0.05% | 326,112 | 0.65% | $589.58 | $562.40 | $192,269,113 | $183,403,758 | -$8,865,355 | -4.61% |
| Stevanato Group S.P.A. (STVN) | Equity | -3.04% | 485,476 | 0.03% | $20.42 | $26.85 | $9,913,420 | $13,035,031 | +$3,121,611 | +31.49% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | +82.40% | 8,027,318 | 4.53% | $166.00 | $246.08 | $1,332,534,788 | $1,975,322,277 | +$642,787,489 | +48.24% |
| Tetra Tech Inc. (TTEK) | Equity | -5.24% | 4,110,736 | 0.41% | $29.25 | $38.40 | $120,239,028 | $157,852,262 | +$37,613,234 | +31.28% |
| Transdigm Group Inc. (TDG) | Equity | -0.60% | 85,886 | 0.40% | $1,383.29 | $1,604.18 | $118,805,245 | $137,776,689 | +$18,971,444 | +15.97% |
| Uber Technologies Inc. (UBER) | Equity | -2.73% | 3,913,222 | 0.97% | $72.86 | $90.74 | $285,117,355 | $355,085,764 | +$69,968,409 | +24.54% |
| Uipath Inc. (PATH) | Equity | -39.38% | 44,642 | 0.00% | $10.30 | $12.25 | $459,813 | $546,865 | +$87,051 | +18.93% |
| Ultragenyx Pharmaceutical Inc. (RARE) | Equity | -3.13% | 4,163,561 | 0.51% | $36.21 | $27.44 | $150,762,544 | $114,248,114 | -$36,514,430 | -24.22% |
| UnitedHealth Group Inc. (UNH) | Equity | -0.53% | 174,787 | 0.31% | $523.75 | $282.19 | $91,544,691 | $49,323,144 | -$42,221,547 | -46.12% |
| Airbnb Inc. (ABNB) | Equity | -5.14% | 950,809 | 0.39% | $119.46 | $141.59 | $113,583,643 | $134,624,096 | +$21,040,453 | +18.52% |
| Alphabet Inc. (GOOG) | Equity | -5.06% | 624,184 | 0.33% | $156.23 | $194.23 | $97,516,266 | $121,235,258 | +$23,718,992 | +24.32% |
| Alphabet Inc. (GOOGL) | Equity | -7.45% | 3,349,727 | 1.76% | $154.64 | $193.25 | $518,001,783 | $647,331,393 | +$129,329,610 | +24.97% |
| Amazon.com Inc. (AMZN) | Equity | -6.04% | 11,094,543 | 7.18% | $190.26 | $231.86 | $2,110,847,751 | $2,572,380,740 | +$461,532,989 | +21.86% |
| Amphenol Corp. (APH) | Equity | +100% | 929,152 | 0.21% | $65.59 | $104.90 | $60,943,080 | $97,468,974 | +$36,525,894 | +59.93% |
| Apple Inc. (AAPL) | Equity | -86.90% | 355,649 | 0.27% | $222.13 | $213.72 | $79,000,312 | $76,007,526 | -$2,992,786 | -3.79% |
| Applovin Corp. (APP) | Equity | +149.06% | 2,058,193 | 1.86% | $264.97 | $364.18 | $545,359,399 | $749,556,843 | +$204,197,444 | +37.44% |
| ASML Holding N.V. (ASML) | Equity | -68.79% | 557,428 | 1.26% | $662.63 | $711.29 | $369,368,516 | $396,492,962 | +$27,124,446 | +7.34% |
| Atlassian Corp. (TEAM) | Equity | -13.31% | 3,918,588 | 2.83% | $212.21 | $203.02 | $831,563,559 | $795,532,143 | -$36,031,416 | -4.33% |
| Axon Enterprise Inc. (AXON) | Equity | -3.92% | 1,899,822 | 3.40% | $525.95 | $736.00 | $999,211,381 | $1,398,268,992 | +$399,057,611 | +39.94% |
| Block Inc. (XYZ) | Equity | -17.49% | 8,531,831 | 1.58% | $54.33 | $80.84 | $463,534,378 | $689,713,218 | +$226,178,840 | +48.79% |
| Broadcom Inc. (AVGO) | Equity | +100% | 1,420,870 | 0.81% | $167.43 | $291.20 | $237,896,264 | $413,750,240 | +$175,853,976 | +73.92% |
| Builders Firstsource Inc. (BLDR) | Equity | +100% | 1,051,544 | 0.45% | $124.94 | $136.25 | $131,379,907 | $143,272,870 | +$11,892,963 | +9.05% |
| Cadence Design Systems Inc. (CDNS) | Equity | +61.87% | 304,719 | 0.26% | $254.33 | $334.09 | $77,499,183 | $101,802,961 | +$24,303,778 | +31.36% |
| Carvana Co. (CVNA) | Equity | +100% | 61,131 | 0.04% | $209.08 | $330.58 | $12,781,269 | $20,208,686 | +$7,427,417 | +58.11% |
| Charter Communications Inc. (CHTR) | Equity | -0.60% | 239,604 | 0.30% | $368.53 | $312.00 | $88,301,262 | $74,755,250 | -$13,546,012 | -15.34% |
| Cloudflare Inc. (NET) | Equity | -17.24% | 6,427,446 | 2.46% | $112.69 | $198.92 | $724,308,890 | $1,278,547,558 | +$554,238,668 | +76.52% |
| Coupang Inc. (CPNG) | Equity | -7.45% | 12,080,484 | 0.90% | $21.93 | $30.31 | $264,925,014 | $366,099,068 | +$101,174,054 | +38.19% |
| CrowdStrike Holdings Inc. (CRWD) | Equity | -43.75% | 44,417 | 0.05% | $352.58 | $468.78 | $15,660,546 | $20,821,801 | +$5,161,255 | +32.96% |
| Datadog Inc. (DDOG) | Equity | -17.32% | 2,915,476 | 0.98% | $99.21 | $150.10 | $289,244,374 | $437,612,948 | +$148,368,574 | +51.30% |
| Grab Holdings Limited (GRAB) | Equity | -8.89% | 19,477,077 | 0.30% | $4.53 | $5.37 | $88,231,159 | $104,494,518 | +$16,263,359 | +18.43% |
| H World Group Limited (HTHT) | Equity | +5.48% | 3,587,089 | 0.45% | $37.01 | $33.17 | $132,758,164 | $118,983,742 | -$13,774,422 | -10.38% |
| HDFC Bank Limited (HDB) | Equity | +1.21% | 2,911,190 | 0.66% | $66.44 | $77.93 | $193,419,464 | $226,854,481 | +$33,435,017 | +17.29% |
| Icon Public Limited Company (ICLR) | Equity | -0.40% | 94,324 | 0.06% | $174.99 | $187.51 | $16,505,757 | $17,686,693 | +$1,180,936 | +7.15% |
| Intercontinental Exchange Inc. (ICE) | Equity | -1.88% | 2,692,729 | 1.58% | $172.50 | $184.80 | $464,495,752 | $497,616,319 | +$33,120,567 | +7.13% |
| Intuitive Surgical Inc. (ISRG) | Equity | +100% | 544,076 | 0.92% | $495.27 | $494.35 | $269,464,521 | $268,961,250 | -$503,271 | -0.19% |
| Kanzhun Limited (BZ) | Equity | -8.90% | 3,934,331 | 0.26% | $19.17 | $20.00 | $75,421,125 | $78,686,620 | +$3,265,495 | +4.33% |
| Joint Stock Company Kaspi.Kz (KSPI) | Equity | -9.02% | 1,311,457 | 0.41% | $92.85 | $85.33 | $121,768,782 | $111,906,626 | -$9,862,156 | -8.10% |
| Samsara Inc. (IOT) | Equity | +58.57% | 16,443,161 | 2.14% | $38.33 | $38.94 | $630,266,361 | $640,296,689 | +$10,030,328 | +1.59% |
| Sap Se (SAP) | Equity | +100% | 223,032 | 0.20% | $268.44 | $287.76 | $59,870,710 | $64,178,573 | +$4,307,863 | +7.20% |
| Sea Limited (SE) | Equity | -7.76% | 6,817,994 | 3.03% | $130.49 | $158.25 | $889,680,037 | $1,078,940,733 | +$189,260,696 | +21.27% |
| Servicenow Inc. (NOW) | Equity | +0.39% | 1,457,978 | 3.95% | $796.14 | $971.73 | $1,160,754,605 | $1,416,753,672 | +$255,999,067 | +22.05% |
| Shopify Inc. (SHOP) | Equity | -11.85% | 12,145,821 | 3.95% | $95.48 | $125.03 | $1,159,682,989 | $1,518,592,000 | +$358,909,011 | +30.95% |
| Snowflake Inc. (SNOW) | Equity | -79.56% | 596,443 | 0.30% | $146.16 | $220.21 | $87,176,109 | $131,342,713 | +$44,166,604 | +50.66% |
| Spotify Technology S.A. (SPOT) | Equity | -3.81% | 1,788,550 | 3.35% | $550.03 | $693.14 | $983,756,156 | $1,239,715,547 | +$255,959,391 | +26.02% |
| Venture Global Inc. (VG) | Equity | +100% | 8,532,908 | 0.30% | $10.30 | $14.49 | $87,888,952 | $123,641,837 | +$35,752,885 | +40.68% |
| Visa Inc. (V) | Equity | -16.16% | 3,813,042 | 4.55% | $350.46 | $357.12 | $1,336,318,838 | $1,361,713,559 | +$25,394,721 | +1.90% |
| Waste Connections Inc. (WCN) | Equity | +85.70% | 1,108,404 | 0.74% | $195.19 | $187.12 | $216,349,377 | $207,404,556 | -$8,944,821 | -4.13% |