Frank Sands recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Frank M. Sands, Jr., CFA is the Chief Executive Officer and Chief Investment Officer of Sands Capital Management, an investment management firm focused on investing in quality growth businesses throughout the world. He spends most of his time on investment research and decision making, as well as business strategy.
Sands Capital Management was founded by his father, Frank M. Sands, Sr. in 1992. Frank Sands (Trades, Portfolio), Jr. joined the firm in 2000 after working for six years as a research analyst and portfolio manager for Fayez Sarofim & Co., an institutional investment management firm based in Houston, Texas. Since joining Sands Capital Management, working alongside his father, the firm has continued to produce strong investment results for its clients. Sands Jr. earned a BA from Washington & Lee University, an MS from Johns Hopkins University and an MBA from the Darden School at the University of Virginia.
As of the latest 13F report, the guru’s equity portfolio contained 67 stocks valued at a total of $26.47Bil. The top holdings were V(8.13%), DXCM(6.64%), and AMZN(5.11%).
According to GuruFocus data, these were Frank Sands (Trades, Portfolio)’s top five trades of the quarter.
Okta Inc
During the quarter, Frank Sands (Trades, Portfolio) bought 3,866,915 shares of NAS:OKTA for a total holding of 6,313,967. The trade had a 1% impact on the equity portfolio. During the quarter, the stock traded for an average price of $57.1.
On 02/13/2023, Okta Inc traded for a price of $75.56 per share and a market cap of $12.10Bil. The stock has returned -60.60% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Okta Inc has a price-book ratio of 2.24, a EV-to-Ebitda ratio of -16.43 and a price-sales ratio of 6.85.
The price-to-GF Value ratio is 0.20, earning the stock a GF Value rank of 2.
Sea Ltd
Frank Sands (Trades, Portfolio) reduced their investment in NYSE:SE by 4,518,580 shares. The trade had a 0.95% impact on the equity portfolio. During the quarter, the stock traded for an average price of $53.89.
On 02/13/2023, Sea Ltd traded for a price of $65.02 per share and a market cap of $36.52Bil. The stock has returned -59.13% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Sea Ltd has a price-book ratio of 7.46, a EV-to-Ebitda ratio of -16.13 and a price-sales ratio of 2.98.
The price-to-GF Value ratio is 0.18, earning the stock a GF Value rank of 2.
Edwards Lifesciences Corp
Frank Sands (Trades, Portfolio) reduced their investment in NYSE:EW by 2,889,817 shares. The trade had a 0.9% impact on the equity portfolio. During the quarter, the stock traded for an average price of $77.06999999999999.
On 02/13/2023, Edwards Lifesciences Corp traded for a price of $77.61 per share and a market cap of $47.98Bil. The stock has returned -28.85% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Edwards Lifesciences Corp has a price-earnings ratio of 31.81, a price-book ratio of 8.27, a price-earnings-to-growth (PEG) ratio of 2.37, a EV-to-Ebitda ratio of 24.93 and a price-sales ratio of 9.00.
The price-to-GF Value ratio is 0.72, earning the stock a GF Value rank of 10.
Meta Platforms Inc
The guru sold out of their 1,503,462-share investment in NAS:META. Previously, the stock had a 0.77% weight in the equity portfolio. Shares traded for an average price of $117.43 during the quarter.
On 02/13/2023, Meta Platforms Inc traded for a price of $179.43 per share and a market cap of $465.20Bil. The stock has returned -18.53% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Meta Platforms Inc has a price-earnings ratio of 20.91, a price-book ratio of 3.73, a price-earnings-to-growth (PEG) ratio of 1.36, a EV-to-Ebitda ratio of 11.62 and a price-sales ratio of 4.17.
The price-to-GF Value ratio is 0.48, earning the stock a GF Value rank of 4.
Coupang Inc
The guru established a new position worth 10,803,846 shares in NYSE:CPNG, giving the stock a 0.6% weight in the equity portfolio. Shares traded for an average price of $17.65 during the quarter.
On 02/13/2023, Coupang Inc traded for a price of $15.44 per share and a market cap of $27.33Bil. The stock has returned -31.62% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10. There is insufficient data to calculate the stock’s profitability rating.
In terms of valuation, Coupang Inc has a price-book ratio of 12.55, a EV-to-Ebitda ratio of -80.72 and a price-sales ratio of 1.34.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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