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SANDS CAPITAL MANAGEMENT, LLC
CRD 137610File 801-64820
APPROVED
Retail clients
Custody
Filing as of Jul 28, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$44.30B
Top 10% of cohort (national)
Discretionary AUM
$44.30B
Clients
260
274 accounts
Employees
182
Top 10% of cohort in VA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- PLRO
- Registration date
- Nov 4, 2005
- Principal office
- 1000 WILSON BLVD., SUITE 3000, ARLINGTON, VA, 22209
- Phone
- (703) 562-4000
- Website
- HTTPS://WWW.SANDSCAPITAL.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $44.30B
- Discretionary AUM
- $44.30B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 274
- Non-discretionary accounts
- 0
- Total accounts
- 274
- AUM per client
- $170.4M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 47 | $844.6M |
| Non-U.S. persons | Fewer than 5 | $1.38B |
| Insurance companies | Fewer than 5 | $60.9M |
| Investment companies | 10 | $8.43B |
| Charitable organizations | 31 | $3.50B |
| Other investment advisers | Fewer than 5 | $0 |
| High net worth individuals | 37 | $484.1M |
| Pooled investment vehicles | 40 | $17.11B |
| Banking or thrift institutions | Fewer than 5 | $62.8M |
| Pension and profit sharing plans | 24 | $3.53B |
| State or municipal government entities | 16 | $5.87B |
| Individuals (other than high net worth individuals) | 55 | $102.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 17, 2026 | Clients | 269 | 260 | decreased by9 |
| Apr 1, 2026 | Employees | 177 | 182 | increased by5 |
| Apr 1, 2026 | Clients | 311 | 269 | decreased by42 |
| Apr 1, 2026 | AUM | $45,180,826,186 | $44,304,791,445 | decreased by$876,034,741 |
| Apr 1, 2026 | Accounts | 313 | 274 | decreased by39 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 162 | 177 | increased by15 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 440 | 311 | decreased by129 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $73,081,408,757 | $45,180,826,186 | decreased by$27,900,582,571 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 440 | 313 | decreased by127 |
| Apr 1, 2022 | Employees | 134 | 162 | increased by28 |
| Apr 1, 2022 | Clients | 423 | 440 | increased by17 |
| Apr 1, 2022 | AUM | $68,621,833,356 | $73,081,408,757 | increased by$4,459,575,401 |
| Apr 1, 2022 | Accounts | 423 | 440 | increased by17 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “SANDS CAPITAL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“SANDS CAPITAL” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.