Frank Sands Buys Monster Beverage, ServiceNow, Under Armour, Sells Facebook, Monsanto Co, Cerner

• New Purchases: MNST, UAA, MMYT, IWF, AMT,
• Added Positions: NOW, ALXN, SPLK, INDA, CTRP, MELI, TSM,
• Reduced Positions: FB, MON, CERN, CRM, V, AMZN, PCLN, ADBE, BABA, GOOGL,
• Sold Out: LNKD, N,

For the details of Frank Sands's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Frank+Sands

1. Visa Inc (V) - 31,759,809 shares, 8.64% of the total portfolio. Shares reduced by 8.92%
2. Facebook Inc (FB) - 16,847,494 shares, 6.75% of the total portfolio. Shares reduced by 21.08%
3. The Priceline Group Inc (PCLN) - 1,252,290 shares, 6.4% of the total portfolio. Shares reduced by 7.63%
4. Amazon.com Inc (AMZN) - 2,287,389 shares, 5.98% of the total portfolio. Shares reduced by 8.44%
5. Alibaba Group Holding Ltd (BABA) - 17,681,858 shares, 5.41% of the total portfolio. Shares reduced by 5.52%

Frank Sands initiated holdings in Monster Beverage Corp. The purchase prices were between $40.87 and $50.04, with an estimated average price of $45.79. The stock is now traded at around $43.42. The impact to the portfolio due to this purchase was 1.99%. The holdings were 12,848,216 shares as of 2016-12-31.

Frank Sands initiated holdings in Under Armour Inc. The purchase prices were between $29.05 and $38.82, with an estimated average price of $32.82. The stock is now traded at around $21.32. The impact to the portfolio due to this purchase was 0.72%. The holdings were 7,112,156 shares as of 2016-12-31.

Frank Sands initiated holdings in MakeMyTrip Ltd. The purchase prices were between $20.4 and $29.45, with an estimated average price of $24.9. The stock is now traded at around $33.85. The impact to the portfolio due to this purchase was 0.08%. The holdings were 1,022,275 shares as of 2016-12-31.

Frank Sands initiated holdings in iShares Russell 1000 Growth. The purchase prices were between $99.72 and $106.87, with an estimated average price of $103.86. The stock is now traded at around $111.05. The impact to the portfolio due to this purchase was 0.04%. The holdings were 97,635 shares as of 2016-12-31.

Frank Sands initiated holdings in American Tower Corp. The purchase prices were between $100.85 and $117.19, with an estimated average price of $108.65. The stock is now traded at around $107.55. The impact to the portfolio due to this purchase was 0.03%. The holdings were 91,937 shares as of 2016-12-31.

Frank Sands added to the holdings in ServiceNow Inc by 2208.07%. The purchase prices were between $74.34 and $87.91, with an estimated average price of $80.69. The stock is now traded at around $91.74. The impact to the portfolio due to this purchase was 0.99%. The holdings were 3,981,417 shares as of 2016-12-31.

Frank Sands sold out the holdings in LinkedIn Corp. The sale prices were between $187.6 and $195.96, with an estimated average price of $191.72.

Frank Sands sold out the holdings in NetSuite Inc. The sale prices were between $89.16 and $109.91, with an estimated average price of $100.42.

Frank Sands reduced to the holdings in Facebook Inc by 21.08%. The sale prices were between $115.05 and $133.28, with an estimated average price of $122.81. The stock is now traded at around $134.05. The impact to the portfolio due to this sale was -1.7%. Frank Sands still held 16,847,494 shares as of 2016-12-31.

Frank Sands reduced to the holdings in Monsanto Co by 60.13%. The sale prices were between $97.9 and $105.8, with an estimated average price of $102.51. The stock is now traded at around $107.67. The impact to the portfolio due to this sale was -1.66%. Frank Sands still held 3,655,602 shares as of 2016-12-31.