Investor: Frank M. Sands
Number of Assets: 75
Reporting Period: Q1 - 2025
Holdings at Report: $238,368,714,739
Return Since Report: -$204,878,681,571
Return Since Report: -85.95%
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 | 0.30% | $68.29 | $72.47 | $711,182,713 | $754,713,885 | +$43,531,172 | +6.12% |
| Doordash Inc. (DASH) | Equity | -6.53% | 5,507,021 | 0.42% | $182.77 | $173.46 | $1,006,518,228 | $955,247,863 | -$51,270,365 | -5.09% |
| Edwards Lifesciences Corp. (EW) | Equity | +6.49% | 19,244 | 0.00% | $72.48 | $87.36 | $1,394,805 | $1,681,156 | +$286,351 | +20.53% |
| Entegris Inc. (ENTG) | Equity | -99.85% | 11,172 | 0.00% | $87.48 | $178.77 | $977,327 | $1,997,218 | +$1,019,891 | +104.36% |
| Ferrari N.V. (RACE) | Equity | -0.90% | 246,069 | 0.04% | $427.88 | $362.13 | $105,288,004 | $89,108,967 | -$16,179,037 | -15.37% |
| Flutter Entertainment PLC (FLUT) | Equity | -5.00% | 2,195,271 | 0.20% | $221.55 | $101.83 | $486,362,290 | $223,544,446 | -$262,817,844 | -54.04% |
| Full Truck Alliance Co. Ltd. (YMM) | Equity | +66.45% | 10,250,292 | 0.05% | $12.77 | $7.80 | $130,896,229 | $79,952,278 | -$50,943,951 | -38.92% |
| Arthur J. Gallagher & Co. (AJG) | Equity | +100% | 202,631 | 0.03% | $345.24 | $214.06 | $69,956,326 | $43,375,192 | -$26,581,134 | -38.00% |
| Gitlab Inc. (GTLB) | Equity | 0% | 127,475 | 0.00% | $47.00 | $26.56 | $5,991,325 | $3,385,736 | -$2,605,589 | -43.49% |
| Global-E Online Ltd. (GLBE) | Equity | -22.24% | 522,035 | 0.01% | $35.65 | $32.84 | $18,610,548 | $17,143,629 | -$1,466,919 | -7.88% |
| Globant S.A. (GLOB) | Equity | -8.96% | 902,535 | 0.04% | $117.72 | $30.74 | $106,246,420 | $27,743,926 | -$78,502,494 | -73.89% |
| Irhythm Technologies Inc. (IRTC) | Equity | -5.05% | 3,016,207 | 0.13% | $104.68 | $104.65 | $315,736,549 | $315,646,063 | -$90,486 | -0.03% |
| Ishares Russell 1000 Growth ETF (IWF) | Equity | +63.08% | 26,465 | 0.00% | $361.09 | $123.19 | $9,556,247 | $3,260,223 | -$6,296,024 | -65.88% |
| Klaviyo Inc. (KVYO) | Equity | -21.40% | 972,749 | 0.01% | $30.26 | $13.25 | $29,435,385 | $12,888,924 | -$16,546,461 | -56.21% |
| Formula One Group (FWONK) | Equity | -23.36% | 1,919,229 | 0.07% | $90.01 | $90.76 | $172,749,802 | $174,189,224 | +$1,439,422 | +0.83% |
| Linde PLC (LIN) | Equity | -0.40% | 89,288 | 0.02% | $465.64 | $512.15 | $41,576,064 | $45,728,849 | +$4,152,785 | +9.99% |
| Mckesson Corp. (MCK) | Equity | +100% | 91,750 | 0.03% | $672.99 | $750.63 | $61,746,832 | $68,870,303 | +$7,123,471 | +11.54% |
| Mercadolibre Inc. (MELI) | Equity | -8.45% | 611,999 | 0.50% | $1,950.87 | $1,635.15 | $1,193,930,489 | $1,000,710,165 | -$193,220,324 | -16.18% |
| Meta Platforms Inc. (META) | Equity | +13.20% | 1,507,762 | 0.36% | $576.36 | $577.22 | $869,013,706 | $870,310,382 | +$1,296,676 | +0.15% |
| Microsoft Corp. (MSFT) | Equity | -5.55% | 2,648,248 | 0.42% | $375.39 | $379.40 | $994,125,817 | $1,004,745,291 | +$10,619,474 | +1.07% |
| Monday.Com Ltd. (MNDY) | Equity | +31.54% | 115,041 | 0.01% | $243.16 | $71.53 | $27,973,370 | $8,228,883 | -$19,744,487 | -70.58% |
| Netflix Inc. (NFLX) | Equity | -0.99% | 1,467,474 | 0.57% | $932.53 | $77.38 | $1,368,463,529 | $113,553,138 | -$1,254,910,391 | -91.70% |
| Nike Inc. (NKE) | Equity | -5.12% | 3,754,580 | 0.10% | $63.48 | $45.20 | $238,340,738 | $169,707,016 | -$68,633,722 | -28.80% |
| Nu Holdings Ltd. (NU) | Equity | -11.29% | 51,443,965 | 0.22% | $10.24 | $12.71 | $526,786,202 | $653,852,795 | +$127,066,593 | +24.12% |
| Nvidia Corp. (NVDA) | Equity | -9.59% | 19,926,183 | 0.91% | $108.38 | $210.69 | $2,159,599,714 | $4,198,247,496 | +$2,038,647,782 | +94.40% |
| Okta Inc. (OKTA) | Equity | -21.62% | 358,721 | 0.02% | $105.22 | $117.81 | $37,744,624 | $42,260,921 | +$4,516,297 | +11.97% |
| Repligen Corp. (RGEN) | Equity | -5.14% | 1,294,196 | 0.07% | $127.24 | $132.02 | $164,673,499 | $170,859,756 | +$6,186,257 | +3.76% |
| Roblox Corp. (RBLX) | Equity | -4.96% | 4,006,330 | 0.10% | $58.29 | $51.53 | $233,528,976 | $206,446,185 | -$27,082,791 | -11.60% |
| Roper Technologies Inc. (ROP) | Equity | +0.05% | 326,112 | 0.08% | $589.58 | $330.26 | $192,269,113 | $107,701,749 | -$84,567,364 | -43.98% |
| Stevanato Group S.P.A. (STVN) | Equity | -3.04% | 485,476 | 0.00% | $20.42 | $17.54 | $9,913,420 | $8,515,249 | -$1,398,171 | -14.10% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | +82.40% | 8,027,318 | 0.56% | $166.00 | $462.12 | $1,332,534,788 | $3,709,584,194 | +$2,377,049,406 | +178.39% |
| Airbnb Inc. (ABNB) | Equity | -5.14% | 950,809 | 0.05% | $119.46 | $142.41 | $113,583,643 | $135,404,710 | +$21,821,067 | +19.21% |
| Alphabet Inc. (GOOG) | Equity | -5.06% | 624,184 | 0.04% | $156.23 | $367.46 | $97,516,266 | $229,362,653 | +$131,846,387 | +135.20% |
| Alphabet Inc. (GOOGL) | Equity | -7.45% | 3,349,727 | 0.22% | $154.64 | $368.03 | $518,001,783 | $1,232,800,028 | +$714,798,245 | +137.99% |
| Amazon.com Inc. (AMZN) | Equity | -6.04% | 11,094,543 | 88.55% | $19,026.00 | $244.39 | $211,084,775,100 | $2,711,395,364 | -$208,373,379,736 | -98.72% |
| Amphenol Corp. (APH) | Equity | +100% | 929,152 | 0.03% | $65.59 | $163.96 | $60,943,080 | $152,343,762 | +$91,400,682 | +149.98% |
| Apple Inc. (AAPL) | Equity | -86.90% | 355,649 | 0.03% | $222.13 | $298.01 | $79,000,312 | $105,986,958 | +$26,986,646 | +34.16% |
| Applovin Corp. (APP) | Equity | +149.06% | 2,058,193 | 0.23% | $264.97 | $469.71 | $545,359,399 | $966,753,834 | +$421,394,435 | +77.27% |
| ASML Holding N.V. (ASML) | Equity | -68.79% | 557,428 | 0.15% | $662.63 | $1,929.68 | $369,368,516 | $1,075,657,663 | +$706,289,147 | +191.22% |
| Atlassian Corp. (TEAM) | Equity | -13.31% | 3,918,588 | 0.35% | $212.21 | $82.72 | $831,563,559 | $324,145,599 | -$507,417,960 | -61.02% |
| Axon Enterprise Inc. (AXON) | Equity | -3.92% | 1,899,822 | 0.42% | $525.95 | $423.40 | $999,211,381 | $804,384,635 | -$194,826,746 | -19.50% |
| Block Inc. (XYZ) | Equity | -17.49% | 8,531,831 | 0.19% | $54.33 | $74.78 | $463,534,378 | $638,010,322 | +$174,475,944 | +37.64% |
| Broadcom Inc. (AVGO) | Equity | +100% | 1,420,870 | 0.10% | $167.43 | $411.35 | $237,896,264 | $584,474,875 | +$346,578,611 | +145.68% |
| Builders Firstsource Inc. (BLDR) | Equity | +100% | 1,051,544 | 0.06% | $124.94 | $80.59 | $131,379,907 | $84,743,931 | -$46,635,976 | -35.50% |
| Cadence Design Systems Inc. (CDNS) | Equity | +61.87% | 304,719 | 0.03% | $254.33 | $387.39 | $77,499,183 | $118,045,093 | +$40,545,910 | +52.32% |
| Carvana Co. (CVNA) | Equity | +100% | 61,131 | 0.01% | $209.08 | $66.56 | $12,781,269 | $4,068,879 | -$8,712,390 | -68.17% |
| Charter Communications Inc. (CHTR) | Equity | -0.60% | 239,604 | 0.04% | $368.53 | $126.23 | $88,301,262 | $30,245,213 | -$58,056,049 | -65.75% |
| Cloudflare Inc. (NET) | Equity | -17.24% | 6,427,446 | 0.30% | $112.69 | $224.06 | $724,308,890 | $1,440,133,551 | +$715,824,661 | +98.83% |
| Coupang Inc. (CPNG) | Equity | -7.45% | 12,080,484 | 0.11% | $21.93 | $18.00 | $264,925,014 | $217,448,712 | -$47,476,302 | -17.92% |
| CrowdStrike Holdings Inc. (CRWD) | Equity | -43.75% | 44,417 | 0.01% | $352.58 | $684.86 | $15,660,546 | $30,419,427 | +$14,758,881 | +94.24% |
| Datadog Inc. (DDOG) | Equity | -17.32% | 2,915,476 | 0.12% | $99.21 | $223.00 | $289,244,374 | $650,151,148 | +$360,906,774 | +124.78% |
| Grab Holdings Limited (GRAB) | Equity | -8.89% | 19,477,077 | 0.04% | $4.53 | $3.57 | $88,231,159 | $69,533,165 | -$18,697,994 | -21.19% |
| H World Group Limited (HTHT) | Equity | +5.48% | 3,587,089 | 0.06% | $37.01 | $42.51 | $132,758,164 | $152,487,153 | +$19,728,989 | +14.86% |
| HDFC Bank Limited (HDB) | Equity | +1.21% | 2,911,190 | 0.08% | $66.44 | $25.06 | $193,419,464 | $72,954,421 | -$120,465,043 | -62.28% |
| Icon Public Limited Company (ICLR) | Equity | -0.40% | 94,324 | 0.01% | $174.99 | $146.00 | $16,505,757 | $13,771,304 | -$2,734,453 | -16.57% |
| Intercontinental Exchange Inc. (ICE) | Equity | -1.88% | 2,692,729 | 0.19% | $172.50 | $133.88 | $464,495,752 | $360,502,559 | -$103,993,193 | -22.39% |
| Intuitive Surgical Inc. (ISRG) | Equity | +100% | 544,076 | 0.11% | $495.27 | $406.78 | $269,464,521 | $221,319,235 | -$48,145,286 | -17.87% |
| Kanzhun Limited (BZ) | Equity | -8.90% | 3,934,331 | 0.03% | $19.17 | $13.70 | $75,421,125 | $53,900,335 | -$21,520,790 | -28.53% |
| Joint Stock Company Kaspi.Kz (KSPI) | Equity | -9.02% | 1,311,457 | 0.05% | $92.85 | $82.21 | $121,768,782 | $107,808,323 | -$13,960,459 | -11.46% |
| Samsara Inc. (IOT) | Equity | +58.57% | 16,443,161 | 0.26% | $38.33 | $31.69 | $630,266,361 | $521,083,772 | -$109,182,589 | -17.32% |
| Sap Se (SAP) | Equity | +100% | 223,032 | 0.03% | $268.44 | $155.22 | $59,870,710 | $34,619,027 | -$25,251,683 | -42.18% |
| Sea Limited (SE) | Equity | -7.76% | 6,817,994 | 0.37% | $130.49 | $91.28 | $889,680,037 | $622,346,492 | -$267,333,545 | -30.05% |
| Servicenow Inc. (NOW) | Equity | +0.39% | 1,457,978 | 0.49% | $796.14 | $95.04 | $1,160,754,605 | $138,566,229 | -$1,022,188,376 | -88.06% |
| Shopify Inc. (SHOP) | Equity | -11.85% | 12,145,821 | 0.49% | $95.48 | $108.85 | $1,159,682,989 | $1,322,072,616 | +$162,389,627 | +14.00% |
| Snowflake Inc. (SNOW) | Equity | -79.56% | 596,443 | 0.04% | $146.16 | $232.29 | $87,176,109 | $138,547,744 | +$51,371,635 | +58.93% |
| Spotify Technology S.A. (SPOT) | Equity | -3.81% | 1,788,550 | 0.41% | $550.03 | $468.08 | $983,756,156 | $837,184,484 | -$146,571,672 | -14.90% |
| Tetra Tech Inc. (TTEK) | Equity | -5.24% | 4,110,736 | 0.05% | $29.25 | $27.36 | $120,239,028 | $112,469,737 | -$7,769,291 | -6.46% |
| Transdigm Group Inc. (TDG) | Equity | -0.60% | 85,886 | 0.05% | $1,383.29 | $1,328.31 | $118,805,245 | $114,083,233 | -$4,722,012 | -3.97% |
| Uber Technologies Inc. (UBER) | Equity | -2.73% | 3,913,222 | 0.12% | $72.86 | $71.64 | $285,117,355 | $280,343,224 | -$4,774,131 | -1.67% |
| Uipath Inc. (PATH) | Equity | -39.38% | 44,642 | 0.00% | $10.30 | $10.27 | $459,813 | $458,473 | -$1,340 | -0.29% |
| Ultragenyx Pharmaceutical Inc. (RARE) | Equity | -3.13% | 4,163,561 | 0.06% | $36.21 | $27.44 | $150,762,544 | $114,248,114 | -$36,514,430 | -24.22% |
| UnitedHealth Group Inc. (UNH) | Equity | -0.53% | 174,787 | 0.04% | $523.75 | $400.96 | $91,544,691 | $70,082,596 | -$21,462,095 | -23.44% |
| Venture Global Inc. (VG) | Equity | +100% | 8,532,908 | 0.04% | $10.30 | $11.02 | $87,888,952 | $94,032,646 | +$6,143,694 | +6.99% |
| Visa Inc. (V) | Equity | -16.16% | 3,813,042 | 0.56% | $350.46 | $327.24 | $1,336,318,838 | $1,247,779,864 | -$88,538,974 | -6.63% |
| Waste Connections Inc. (WCN) | Equity | +85.70% | 1,108,404 | 0.09% | $195.19 | $153.97 | $216,349,377 | $170,660,964 | -$45,688,413 | -21.12% |