Sands Capital Management Buys Sarepta Therapeutics Inc, Edwards Lifesciences Corp, Abiomed Inc, Sells Baidu Inc, Starbucks Corp, Medidata Solutions Inc

• New Purchases: SRPT, ABMD, BGNE, HCM, EB,
• Added Positions: EW, GLPG, BABA, ATVI, FND, CTRP, TSM, YNDX, HDB, MNST,
• Reduced Positions: AMZN, BIDU, SBUX, V, NFLX, ADBE, CRM, FB, GOOGL, MDSO,
• Sold Out: BAP, CSCO, MSFT,

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

1. Amazon.com Inc (AMZN) - 1,457,772 shares, 8.26% of the total portfolio. Shares reduced by 16.33%
2. Visa Inc (V) - 17,392,997 shares, 7.38% of the total portfolio. Shares reduced by 6.61%
3. Alibaba Group Holding Ltd (BABA) - 15,341,387 shares, 7.15% of the total portfolio. Shares added by 5.01%
4. Netflix Inc (NFLX) - 5,266,920 shares, 5.57% of the total portfolio. Shares reduced by 6.89%
5. Alphabet Inc (GOOGL) - 1,268,669 shares, 4.33% of the total portfolio. Shares reduced by 6.61%

Sands Capital Management initiated holding in Sarepta Therapeutics Inc. The purchase prices were between $115.31 and $161.51, with an estimated average price of $136.71. The stock is now traded at around $111.85. The impact to a portfolio due to this purchase was 0.87%. The holding were 1,901,564 shares as of 2018-09-30.

Sands Capital Management initiated holding in Abiomed Inc. The purchase prices were between $354.53 and $449.75, with an estimated average price of $394.63. The stock is now traded at around $321.93. The impact to a portfolio due to this purchase was 0.56%. The holding were 443,607 shares as of 2018-09-30.

Sands Capital Management initiated holding in Hutchison China Meditech Ltd. The purchase prices were between $26.55 and $34.38, with an estimated average price of $30.45. The stock is now traded at around $36.88. The impact to a portfolio due to this purchase was 0.05%. The holding were 508,275 shares as of 2018-09-30.

Sands Capital Management initiated holding in BeiGene Ltd. The purchase prices were between $152.62 and $189.66, with an estimated average price of $168.07. The stock is now traded at around $121.95. The impact to a portfolio due to this purchase was 0.05%. The holding were 93,843 shares as of 2018-09-30.

Sands Capital Management initiated holding in Eventbrite Inc. The purchase prices were between $34.21 and $37.97, with an estimated average price of $36.18. The stock is now traded at around $28.62. The impact to a portfolio due to this purchase was 0.03%. The holding were 251,880 shares as of 2018-09-30.

Sands Capital Management added to a holding in Edwards Lifesciences Corp by 21.06%. The purchase prices were between $137.11 and $174.1, with an estimated average price of $146.73. The stock is now traded at around $150.21. The impact to a portfolio due to this purchase was 0.72%. The holding were 8,373,966 shares as of 2018-09-30.

Sands Capital Management added to a holding in Galapagos NV by 62.70%. The purchase prices were between $90.63 and $120.22, with an estimated average price of $105.38. The stock is now traded at around $102.64. The impact to a portfolio due to this purchase was 0.37%. The holding were 2,999,339 shares as of 2018-09-30.

Sands Capital Management added to a holding in Floor & Decor Holdings Inc by 39.65%. The purchase prices were between $30.17 and $51.79, with an estimated average price of $40.79. The stock is now traded at around $32.51. The impact to a portfolio due to this purchase was 0.16%. The holding were 6,730,273 shares as of 2018-09-30.

Sands Capital Management added to a holding in HDFC Bank Ltd by 34.24%. The purchase prices were between $91.39 and $111.45, with an estimated average price of $101.96. The stock is now traded at around $93.23. The impact to a portfolio due to this purchase was 0.03%. The holding were 386,656 shares as of 2018-09-30.

Sands Capital Management added to a holding in Zoetis Inc by 33.94%. The purchase prices were between $83.5 and $93.23, with an estimated average price of $88.71. The stock is now traded at around $92.85. The impact to a portfolio due to this purchase was 0.02%. The holding were 239,935 shares as of 2018-09-30.

Sands Capital Management sold out a holding in Credicorp Ltd. The sale prices were between $208.44 and $232.42, with an estimated average price of $223.72.

Sands Capital Management sold out a holding in Cisco Systems Inc. The sale prices were between $41.78 and $48.65, with an estimated average price of $44.99.

Sands Capital Management sold out a holding in Microsoft Corp. The sale prices were between $99.05 and $114.67, with an estimated average price of $108.32.