Sands Capital Management

Sands Capital Management as of March 31, 2013

Portfolio Holdings for Sands Capital Management

Sands Capital Management holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing

                {C}             {C}
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER              VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ALEXION PHARMACEUTICALS INC    COM    		015351109   775850  8420336  SH 	SOLE 		   6214726        0  2205610
ALLERGAN		       COM	        018490102  1426062 12774895  SH  	SOLE		   9263795	  0  3511100
AMAZON.COM		       COM		023135106  2194684  8235520  SH 	SOLE		   5992283	  0  2243237
ANSYS INC		       COM		03662Q105    16816   206535  SH  	SOLE		    137035	  0    69500
APPLE			       COM		037833100   512810  1158474  SH 	SOLE		    855820	  0   302654
ARM HOLDINGS PLC - ADR	       SPONSORED ADR	042068106   753231 17777469  SH 	SOLE		  13117104	  0  4660365
ASML HOLDING NV ADR	       N Y REGISTRY SHS	N07059210  1101050 16194293  SH 	SOLE		  11620162	  0  4574131
ATHENAHEALTH, INC	       COM	  	04685W103   341857  3522847  SH 	SOLE		   2570762	  0   952085
BIOGEN IDEC, INC.	       COM		09062X103   689254  3578308  SH 	SOLE		   2584298	  0   994010
BIOMARIN PHARMACEUTICAL INC.   COM		09061G101   681828 10951298  SH 	SOLE		   7800818	  0  3150480
CERNER CORP		       COM		156782104   953369 10063003  SH 	SOLE               7272345	  0  2790658
CHIPOTLE MEXICAN GRILL INC     COM		169656105   919758  2822469  SH		SOLE		   2081423	  0   741046
CISCO SYSTEMS		       COM		17275R102      292    14000  SH 	SOLE		      7500	  0	6500
CONCUR TECHNOLOGIES INC	       COM		206708109    14313   208460  SH		SOLE		    148960	  0    59500
F5 NETWORKS INC		       COM		315616102   605864  6801346  SH		SOLE		   5006378	  0  1794968
FACEBOOK INC - A	       CL A		30303M102   896184 35034570  SH		SOLE		  25010908	  0 10023662
FMC TECHNOLOGIES	       COM		30249U101   755522 13890826  SH 	SOLE		  10084455	  0  3806371
GOOGLE			       CL A		38259P508  2290536  2884116  SH		SOLE		   2102939	  0   781177
GUIDEWIRE SOFTWARE INC	       COM		40171V100     5897   153400  SH		SOLE		     98586	  0    54814
INTUITIVE SURGICAL	       COM NEW		46120E602   602988  1227606  SH 	SOLE		    886338	  0   341268
IPG PHOTONICS CORP	       COM	    	44980X109    15936   239960  SH		SOLE		    154660	  0    85300
LAS VEGAS SANDS		       COM		517834107   858598 15236878  SH		SOLE		  10989493	  0  4247385
MERCADOLIBRE		       ADR		58733R102   188291  1949985  SH		SOLE		   1240895	  0   709090
NATIONAL OILWELL VARCO	       COM		637071101   721584 10199065  SH		SOLE		   7365955	  0  2833110
NETSUITE INC		       COM		64118Q107    27041   337765  SH		SOLE		    250665	  0    87100
NIKE			       CL B		654106103   937490 15886961  SH		SOLE		  11496201	  0  4390760
PRAXAIR, INC.		       COM		74005P104   815517  7311432  SH 	SOLE		   5302752	  0  2008680
PRICELINE.COM INC	       COM NEW		741503403  1023662  1487535  SH		SOLE		   1092513	  0   395022
QUALCOMM		       COM		747525103   677518 10121273  SH		SOLE		   7246343	  0  2874930
REGENERON PHARMACEUTICALS      COM		75886F107   305859  1733896  SH		SOLE		   1283251	  0   450645
SALESFORCE.COM		       COM		79466L302  2047352 11448596  SH 	SOLE		   8324909	  0  3123687
SAP AG - ADR		       SPON ADR		803054204    12958   160885  SH 	SOLE		    110385	  0    50500
SCHLUMBERGER		       COM		806857108  1100009 14688324  SH		SOLE		  10669158	  0  4019166
SOUTHWESTERN ENERGY COMPANY    COM		845467109   674257 18096000  SH 	SOLE		  13355240	  0  4740760
SPLUNK INC		       COM		848637104   134966  3371628  SH 	SOLE		   2439202	  0   932426
STARBUCKS		       COM		855244109   642516 11282099  SH 	SOLE		   8331704	  0  2950395
ULTA SALON COSMETICS & FRAG I  COM		90384S303    89840  1105181  SH 	SOLE		    808277	  0   296904
VISA INC		       COM CL A		92826C839  2415003 14219280  SH 	SOLE		  10338408	  0  3880872
YANDEX NV-A		       SHS CLASS A	N97284108     7191   310745  SH 	SOLE		    212445	  0    98300