Frank Sands was the CEO and CIO at Sands Capital, an investment company he helped create with his father, Frank Sands Sr., in 1992. He rejoined Sands Capital in 2000 as director of research after completing his tenure. study and work for six years at Fayez Sarofim & Co., an institutional investment management firm. Sands has an MS from Johns Hopkins University (1993) and an MBA from the Darden School at the University of Virginia (1994). Let’s take a look at Frank Sands ’top properties.
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Top Ten Holdings Of Frank Sands
We used Sands Capital Management’s latest available 13F filing (as of Dec. 31, 2021) to generate Frank Sands ’top holdings. The following are the top ten Frank Sands properties:
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DexCom
Founded in 1999 and headquartered in San Diego, it is a medical device manufacturing company. Sands owns more than 3.1 million shares of DexCom, Inc. (NASDAQ: DXCM) at an estimated average price of $ 390.31. These shares have a market value of more than $ 1.6 billion and account for 3.12% of Sands ’portfolio. Sands first bought DexCom shares in Q1 2020 and recently sold some of its shares. DexCom shares fell more than 12% YTD.
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Service Today
Founded in 2004 and headquartered in Santa Clara, Calif., This company offers cloud computing solutions. Sands owns more than 2.6 million shares of ServiceNow Inc (NYSE: NOW) at an estimated average price of $ 92.90. These shares have a market value of more than $ 1.7 billion and account for 3.19% of Sands ’portfolio. Sands first bought parts of ServiceNow in Q2 2016 and recently sold some parts of it. ServiceNow shares dropped more than 24% YTD.
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Meta Platforms
Founded in 2004 and headquartered in Menlo Park, Calif., This company has developed social media apps. Sands owns more than 5.3 million shares of Meta Platforms Inc (NASDAQ: FB) at an estimated average price of $ 84.37. These shares have a market value of more than $ 1.8 billion and account for 3.36% of Sands ’portfolio. Sands first bought parts of Meta Platforms in Q2 2012 and recently sold some parts of it. Meta Platforms share dropped more than 44% YTD.
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Block
Founded in 2009 and headquartered in San Francisco, it is a technology company focused on financial services. Sands owns more than 11 million shares of Block Inc (NYSE: SQ) at an estimated average price of $ 134.68. These shares have a market value of more than $ 1.8 billion and account for 3.38% of Sands ’portfolio. Sands first bought Block shares in Q1 2020 and recently bought several shares of it. Block shares dropped more than 33% YTD.
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Shopify
Founded in 2004 and headquartered in Ottawa, Canada, it is a cloud-based commerce platform. Sands owns over 1.4 million shares of Shopify Inc (NYSE: SHOP) at an estimated average price of $ 477.39. These shares have a market value of more than $ 1.9 billion and account for 3.59% of Sands ’portfolio. Sands first bought shares in Shopify in Q1 2017 and recently bought some shares of it. Shopify shares dropped by over 65% YTD.
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Atlassian
Founded in 2002 and headquartered in Sydney, Australia, this company offers software and software hosting services. Sands owns more than 5 million shares of Atlassian Corporation PLC (NASDAQ: TEAM) at an estimated average price of $ 93.40. These shares have a market value of more than $ 2 billion and account for 3.81% of Sands ’portfolio. Sands first bought Atlassian shares in Q2 2018 and recently sold some of its shares. Atlassian shares dropped more than 33% YTD.
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Netflix
Founded in 1997 and headquartered in Los Gatos, Calif., It is a streaming entertainment service company. Sands owns more than 4.5 million shares of Netflix Inc (NASDAQ: NFLX) at an estimated average price of $ 207.32. These shares have a market value of more than $ 2.75 billion and account for 5.12% of Sands ’portfolio. Sands first bought shares in Netflix in Q4 2015 and recently sold some of it. Netflix shares dropped nearly 64% YTD.
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Amazon
Founded in 1994 and headquartered in Seattle, this company offers online retail shopping services. Sands owns 843,212 shares of Amazon.com, Inc. (NASDAQ: AMZN) at an estimated average price of $ 1105.14. These shares have a market value of more than $ 2.8 billion and account for 5.22% of Sands ’portfolio. Sands first bought shares in Amazon in Q3 2015 and recently bought some parts of it. Amazon’s shares dropped more than 11% YTD.
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Visa
Founded in 1958 and headquartered in San Francisco, this company offers digital payment services. Sands owns more than 13 million shares of Visa Inc (NYSE: V) at an estimated average price of $ 30.77. These shares have a market value of more than $ 2.8 billion and account for 5.30% of Sands ’portfolio. Sands first bought Visa shares in Q2 2008 and recently sold some of it. Visa shares dropped nearly 1% YTD.
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sea
Founded in 2009 and headquartered in Singapore, it is an internet and mobile platform company offering online gaming services. Sands owns more than 18 million shares of Sea Ltd (NYSE: SE) at an estimated average price of $ 45.93. These shares have a market value of more than $ 4 billion and account for 7.54% of Sands ’portfolio. Sands recently sold some parts of Sea ltd. Sea ltd. shares dropped by nearly 60% YTD.
7 Tech Stocks to Lead the Way in 2022
The end of 2021 and the first trading days of 2022 have been difficult for tech stocks. The prospect of multiple interest rate increases has investors fleeing risk-free assets, including stocks. And that means some of the biggest tech stocks could fall even further.
But for growth investors, tech remains the sector to enter. Some enticing stocks have dropped 50% or more from their highest in 2021. That means some savvy buyers will inevitably move on to buy their favorite names at a discounted price.
However, the price is not always worth it. Some stocks have sold out and may not be able to regain their previous level. That’s a tough lesson for investors to learn.
However, in this presentation, we look at seven tech stocks with strong business cases to support recovery even though other tech stocks may be struggling. We think all of these stocks are strong buying candidates. However, we encourage you to make your due effort to decide if the price is right for you.
See “7 Tech Stocks to Lead the Way to 2022”.
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