Sands Capital Management Buys MercadoLibre Inc, Uber Technologies Inc, Lam Research Corp, Sells Microsoft Corp, Alibaba Group Holding, Alphabet Inc

• New Purchases: LRCX, DASH, FVRR, ABNB, BFAM,
• Added Positions: MELI, UBER, TWLO, IRTC, V, CHTR, WMG, FB, INDA, XP, TSM, YNDX, CHGG, ROP, EDU, GO, PAGS, IQV, GLOB, TCOM, HCM, TXN, BSX, DG, UNH, ICE, EQIX,
• Reduced Positions: MSFT, BABA, AMZN, GOOGL, SE, MTCH, MRTX, NFLX, WDAY, SRPT, SNOW, ASML, NOW, ADBE, SQ, ZTS, INTU, ALGN, BGNE, TEAM, EW, FND, ILMN, Z, CSGP, GOOG, DXCM, TDG, COUP, NKE, ABMD, HDB,
• Sold Out: REGN, GLPG, MNST, BIDU, CRM, LYV, ROST, KRTX, TSHA, ANSS, CCI, ATVI,

For the details of Frank Sands's stock buys and sells, go to https://www.gurufocus.com/guru/frank+sands/current-portfolio/portfolio

1. Sea Ltd (SE) - 24,018,652 shares, 9.14% of the total portfolio. Shares reduced by 6.48%
2. Visa Inc (V) - 13,763,156 shares, 5.75% of the total portfolio. Shares added by 9.88%
3. Amazon.com Inc (AMZN) - 805,277 shares, 5.01% of the total portfolio. Shares reduced by 18.85%
4. Netflix Inc (NFLX) - 4,824,001 shares, 4.98% of the total portfolio. Shares reduced by 5.43%
5. MercadoLibre Inc (MELI) - 1,081,766 shares, 3.46% of the total portfolio. Shares added by 107.90%

Sands Capital Management initiated holding in Lam Research Corp. The purchase prices were between $328.71 and $511.66, with an estimated average price of $422.01. The stock is now traded at around $591.790000. The impact to a portfolio due to this purchase was 1.26%. The holding were 1,395,305 shares as of 2020-12-31.

Sands Capital Management initiated holding in DoorDash Inc. The purchase prices were between $140.2 and $189.51, with an estimated average price of $159.61. The stock is now traded at around $212.170000. The impact to a portfolio due to this purchase was 1.02%. The holding were 3,722,626 shares as of 2020-12-31.

Sands Capital Management initiated holding in Fiverr International Ltd. The purchase prices were between $136.58 and $223.38, with an estimated average price of $181.44. The stock is now traded at around $320.040000. The impact to a portfolio due to this purchase was 0.68%. The holding were 1,830,785 shares as of 2020-12-31.

Sands Capital Management initiated holding in Airbnb Inc. The purchase prices were between $124.8 and $163.19, with an estimated average price of $147.63. The stock is now traded at around $209.860000. The impact to a portfolio due to this purchase was 0.6%. The holding were 2,154,616 shares as of 2020-12-31.

Sands Capital Management initiated holding in Bright Horizons Family Solutions Inc. The purchase prices were between $149.92 and $173.02, with an estimated average price of $163.82. The stock is now traded at around $181.690000. The impact to a portfolio due to this purchase was 0.12%. The holding were 353,377 shares as of 2020-12-31.

Sands Capital Management added to a holding in MercadoLibre Inc by 107.90%. The purchase prices were between $1079.33 and $1732.39, with an estimated average price of $1414.87. The stock is now traded at around $1939.870000. The impact to a portfolio due to this purchase was 1.8%. The holding were 1,081,766 shares as of 2020-12-31.

Sands Capital Management added to a holding in Uber Technologies Inc by 73.26%. The purchase prices were between $33.41 and $54.86, with an estimated average price of $44.94. The stock is now traded at around $60.520000. The impact to a portfolio due to this purchase was 1.43%. The holding were 34,833,403 shares as of 2020-12-31.

Sands Capital Management added to a holding in Twilio Inc by 54.72%. The purchase prices were between $266.26 and $370.75, with an estimated average price of $313.36. The stock is now traded at around $421.260000. The impact to a portfolio due to this purchase was 0.99%. The holding were 4,314,464 shares as of 2020-12-31.

Sands Capital Management added to a holding in iRhythm Technologies Inc by 61.30%. The purchase prices were between $180.8 and $261.17, with an estimated average price of $227.87. The stock is now traded at around $172.800000. The impact to a portfolio due to this purchase was 0.53%. The holding were 3,074,149 shares as of 2020-12-31.

Sands Capital Management added to a holding in Charter Communications Inc by 23.02%. The purchase prices were between $572.58 and $680.76, with an estimated average price of $636.57. The stock is now traded at around $618.470000. The impact to a portfolio due to this purchase was 0.28%. The holding were 1,190,018 shares as of 2020-12-31.

Sands Capital Management added to a holding in Warner Music Group Corp by 26.28%. The purchase prices were between $26.24 and $38.02, with an estimated average price of $30.52. The stock is now traded at around $36.950000. The impact to a portfolio due to this purchase was 0.24%. The holding were 15,578,215 shares as of 2020-12-31.

Sands Capital Management sold out a holding in Regeneron Pharmaceuticals Inc. The sale prices were between $478.3 and $607.98, with an estimated average price of $539.35.

Sands Capital Management sold out a holding in Galapagos NV. The sale prices were between $96.85 and $148.25, with an estimated average price of $121.97.

Sands Capital Management sold out a holding in Monster Beverage Corp. The sale prices were between $76.57 and $92.48, with an estimated average price of $84.07.

Sands Capital Management sold out a holding in Baidu Inc. The sale prices were between $124.62 and $219.63, with an estimated average price of $148.88.

Sands Capital Management sold out a holding in Salesforce.com Inc. The sale prices were between $220.15 and $267.07, with an estimated average price of $243.02.

Sands Capital Management sold out a holding in Live Nation Entertainment Inc. The sale prices were between $48.8 and $74.68, with an estimated average price of $63.27.