Sands Capital Management

Sands Capital Management as of Dec. 31, 2012

Portfolio Holdings for Sands Capital Management

Sands Capital Management holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

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                                                     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   757289  8078606  SH		SOLE		   5944565	  0  2134041
ALLERGAN		       COM       	018490102  1091279 11896641  SH  	SOLE	   	   8690873	  0  3205768
AMAZON.COM		       COM	        023135106  1939354  7730515  SH		SOLE		   5655957	  0  2074558
ANSYS INC		       COM	        03662Q105    12629   187535  SH 	SOLE		    137035	  0    50500
APPLE			       COM		037833100  1919609  3607135  SH 	SOLE		   2641234	  0   965901
ARM HOLDINGS PLC - ADR	       SPONSORED ADR	042068106    20611   544845  SH 	SOLE		    414245	  0   130600
ASML HOLDING NV ADR	       N Y REGISTRY SHS	N07059210   954236 14819627  SH 	SOLE		  10777196	  0  4042431
ATHENAHEALTH, INC	       COM		04685W103   246807  3367535  SH 	SOLE		   2465250	  0   902285
BAIDU INC - ADR		       SPON ADR REP A	056752108     7393    73720  SH 	SOLE		     58720	  0    15000
BIOMARIN PHARMACEUTICAL INC.   COM		09061G101   485837  9874728  SH 	SOLE		   7164138	  0  2710590
CERNER CORP		       COM		156782104   726592  9374174  SH 	SOLE		   6830241	  0  2543933
CHIPOTLE MEXICAN GRILL INC     COM		169656105   686009  2306224  SH 	SOLE		   1690959	  0   615265
CISCO SYSTEMS		       COM		17275R102      275    14000  SH 	SOLE		      7500	  0     6500
COACH, INC.		       COM		189754104   596153 10739556  SH 	SOLE		   7886184	  0  2853372
CONCUR TECHNOLOGIES INC	       COM		206708109    12994   192444  SH 	SOLE		    148960	  0    43484
F5 NETWORKS INC		       COM		315616102   631531  6500573  SH 	SOLE		   4778397	  0  1722176
FACEBOOK INC - A	       CL A		30303M102   713350 26797536  SH 	SOLE		  19446219	  0  7351317
FMC TECHNOLOGIES	       COM		30249U101   554822 12954057  SH 	SOLE		   9465611	  0  3488446
GOOGLE			       CL A		38259P508  1761598  2490314  SH 	SOLE		   1825928	  0   664386
INTERCONTINENTAL EXCHANGE      COM		45865V100   497103  4015051  SH 	SOLE		   2949230	  0  1065821
INTUITIVE SURGICAL	       COM NEW		46120E602   554838  1131468  SH 	SOLE		    826088	  0   305380
IPG PHOTONICS CORP	       COM		44980X109    14454   216860  SH 	SOLE		    154660	  0    62200
ISHARES TRUST  		       RUSSELL1000GRW	464287614     3614    55186  SH 	SOLE		     54686	  0      500
LAS VEGAS SANDS		       COM		517834107   650267 14087237  SH 	SOLE		  10328742	  0  3758495
MERCADOLIBRE		       ADR		58733R102   118250  1505410  SH 	SOLE		   1024220	  0   481190
NATIONAL OILWELL VARCO	       COM		637071101   644054  9422878  SH 	SOLE		   6882018	  0  2540860
NETSUITE INC		       COM		64118Q107    21137   314065  SH 	SOLE		    250665	  0    63400
NIKE			       CL B		654106103   762347 14774160  SH 	SOLE		  10780954	  0  3993206
PRAXAIR, INC.		       COM		74005P104   746635  6821699  SH 	SOLE		   4977799	  0  1843900
PRICELINE.COM INC	       COM NEW		741503403   725768  1169858  SH 	SOLE		    857519	  0   312339
QUALCOMM		       COM		747525103   953626 15415875  SH 	SOLE		  11253610	  0  4162265
REGENERON PHARMACEUTICALS      COM		75886F107   551507  3223869  SH 	SOLE		   2369544	  0   854325
SALESFORCE.COM		       COM		79466L302  1801179 10714926  SH 	SOLE		   7844228	  0  2870698
SCHLUMBERGER		       COM		806857108   842616 12158962  SH 	SOLE		   8888661	  0  3270301
SOUTHWESTERN ENERGY COMPANY    COM		845467109   367871 11010809  SH 	SOLE		   8076644	  0  2934165
STARBUCKS		       COM		855244109   578522 10787280  SH 	SOLE		   7938875	  0  2848405
VISA INC		       COM CL A		92826C839  2013373 13282579  SH 	SOLE		   9717682	  0  3564897
YANDEX NV-A		       SHS CLASS A	N97284108     6116   283945  SH 	SOLE		    212445	  0    71500