OWN THE FEW

Own the Best

Through our singular focus on investing in what we believe are the best growth businesses, in public and private markets, we strive to fulfill our mission to add value and enhance the wealth of our clients with prudence over time.

OWN THE FEW

Own the Best

Through our singular focus on investing in what we believe are the best growth businesses, in public and private markets, we strive to fulfill our mission to add value and enhance the wealth of our clients with prudence over time.

Exceptional businesses are rare

Their innovations often transform industries and create new ones.
Their products and services solve problems and improve people’s lives.

Significant
Wealth

Significant Wealth

Exceptional businesses create the future and in doing so can generate significant wealth for their owners. Research indicates that these special businesses, while few, create most wealth for long-term investors.

Long Term
Growth Equity

Long Term
Growth Equity

As fundamental, business-focused investors, we look for exceptional businesses that can drive long-term equity returns. We seek to own them in a highly concentrated fashion for the long term. Identifying and owning these companies through their formative stages of growth is challenging.

Singular
Focus

Singular Focus

Through our singular focus on investing in what we believe are the best growth businesses, in public and private markets, we strive to fulfill our mission to add value and enhance the wealth of our clients with prudence over time.
How we invest

Why Partner With Us?

Our core strength lies in applying proprietary, fundamental research to identify what we believe are leading growth businesses that are innovative and offer products and services for which there are few substitutes.

Long-run Focus

Exceptional businesses take years, not quarters, to build. Commercializing innovations and establishing durable competitive advantages take time and patience. As long-term owners of businesses and not short-term traders of stocks, we focus on the potential that businesses have to grow exponentially in five years or more. However, the path to this growth is often not a straight one. To benefit from the long-term wealth creation opportunity that comes with rapid growth, we accept the inevitable variability in the short term.
Philosophy & Approach
1

Business-focused Research

Innovation and industry transformation drives growth. Identifying opportunities created by new trends requires differentiated thinking. Our global research platform comprises more than 60 investment professionals who have developed substantial domain knowledge in innovative business spaces. Our collective experience enables our analysts to recognize patterns, identify relationships, and understand business models and ecosystems. They develop intimate knowledge on a small number of companies and share insights across an integrated, tightly knit investment team.
What Matters Most Podcast
2

Concentrated Ownership​

Businesses that meet our six criteria are far and few between. When we choose to invest in a company, we want to own it in high concentration. This strategy magnifies the impact of our stock selection and has the potential to be a powerful way to build wealth for our clients. Some investors perceive that a concentrated strategy runs the risk of higher short-term volatility. In our view, a portfolio diluted with many holdings may introduce the risk of not knowing the businesses well enough.
What We Think
3

Collaborative Culture​

Predicting the future is challenging. Doing so requires a culture that values, promotes, and rewards teamwork. We embrace radical honesty and have created an environment that fosters the trust needed to have open and unfettered debate. We challenge one another to see the world clearly and think creatively to build long-term wealth for our clients.
Our Culture
4

To invest differently, we first have to think differently.

Learn more

What We Do

With a singular focus on growth investing, we offer clients strategies that actively target leading public and private businesses across the growth spectrum.

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Moving from Disruption to Opportunity
As we approach the end of 2024, we are excited about the transformative trends that are opening new opportunities for our portfolio businesses and the markets they serve.
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Assessing Power Constraints for AI
Power constraints represent a notable but addressable challenge for the continued growth of artificial intelligence. While deficits are likely to emerge, our research indicates they should remain manageable through 2027.
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International Equities: The Elephant in The Room
As allocators increasingly overweight U.S. equities, we remind them that some of the best growth businesses lie outside the United States. These businesses provide differentiated growth potential, and can also help mitigate downside risk within a diversified portfolio.
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Disclosures:
Venture Capital and Private Growth Equity investment strategies are managed by Sands Capital Ventures, LLC are only available to qualified investors. As of October 1, 2021, the firm was redefined to be the combination of Sands Capital Management, LLC and Sands Capital Ventures, LLC. Both firms are registered investment advisers with the United States Securities and Exchange Commission in accordance with the Investment Advisers Act of 1940. The two registered investment advisers are combined to be one firm and are doing business as Sands Capital. Sands Capital operates as a distinct business organization, retains discretion over the assets between the two registered investment advisers, and has autonomy over the total investment decision making process. The views expressed are the opinion of Sands Capital and are not intended as a forecast, a guarantee of future results, investment recommendations, or an offer to buy or sell any securities. There is no guarantee that Sands Capital will meet its stated goals. You should not assume that any investment is or will be profitable. Past performance is not indicative of future results.