UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
09-30-2019
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
SANDS CAPITAL MANAGEMENT, LLC
Address:
SANDS CAPITAL MANAGEMENT, LLC
1000 WILSON BLVD, SUITE 3000
ARLINGTON, VA 22209
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Lisa Grozio
Title:
Chief Compliance Officer
Phone:
703-562-4000


Signature, Place, and Date of Signing:

/s/ Lisa Grozio
                         [Signature]
Arlington, VIRGINIA
                 [City, State]
11-14-2019
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
79
Form 13F Information table Value Total:
31108996
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABIOMED INCCOM003654100345,2541,940,830SHSOLE1,466,187 0 474,643
ACTIVISION BLIZZARD INCCOM00507V109285,4615,394,203SHSOLE3,789,049 0 1,605,154
ADOBE INCCOM00724F101941,2743,407,327SHSOLE2,364,045 0 1,043,282
ALIBABA GROUP HLDG LTDSPONSORED ADS01609W1021,897,95111,349,346SHSOLE8,198,054 0 3,151,292
ALIGN TECHNOLOGY INCCOM016255101513,2222,836,732SHSOLE2,136,525 0 700,207
ALPHABET INCCAP STK CL C02079K107362,368297,267SHSOLE207,987 0 89,280
ALPHABET INCCAP STK CL A02079K3051,315,9871,077,671SHSOLE764,812 0 312,859
AMAZON COM INCCOM0231351062,163,6901,246,430SHSOLE873,752 0 372,678
ANAPLAN INCCOM03272L1087,454158,596SHDFND158,596 0 0
ANSYS INCCOM03662Q10511,04549,898SHSOLE49,898 0 0
APTIV PLCSHSG6095L109441,4045,049,239SHSOLE3,703,282 0 1,345,957
ASML HOLDING N VN Y REGISTRY SHSN07059210757,2103,048,103SHSOLE2,238,051 0 810,052
ATLASSIAN CORP PLCCL AG06242104665,0465,301,705SHSOLE3,780,020 0 1,521,685
BAIDU INCSPON ADR REP A05675210854,537530,723SHSOLE416,659 0 114,064
BEIGENE LTDSPONSORED ADR07725L10232,358264,232SHSOLE207,650 0 56,582
BIOMARIN PHARMACEUTICAL INCCOM09061G101375,1235,565,620SHSOLE3,921,780 0 1,643,840
BLUEBIRD BIO INCCOM09609G100200,1832,180,163SHSOLE1,566,691 0 613,472
BOSTON SCIENTIFIC CORPCOM10113710732,555800,084SHSOLE737,539 0 62,545
COSTAR GROUP INCCOM22160N109838,9341,414,252SHSOLE992,516 0 421,736
CTRIP COM INTL LTDSPONSORED ADS22943F100112,5453,842,437SHSOLE3,073,597 0 768,840
CROWN CASTLE INTL CORPCOM22822V10111,08579,741SHSOLE79,741 0 0
DOLLAR GEN CORPCOM25667710540,961257,713SHSOLE237,557 0 20,156
EDWARDS LIFESCIENCES CORPCOM28176E1081,627,3527,400,084SHSOLE5,249,307 0 2,150,777
EQUINIX INCCOM29444U70042,99474,538SHSOLE74,538 0 0
EVENTBRITE INCCOM CL A29975E1094,263240,735SHSOLE240,735 0 0
FACEBOOK INCCL A30303M1021,012,0995,683,393SHSOLE4,044,549 0 1,638,844
FLOOR & DECOR HLDGS INCCL A339750101406,4997,947,186SHSOLE5,498,195 0 2,448,991
GALAPAGOS NVSPON ADR36315X101420,5112,754,560SHSOLE1,978,520 0 776,040
GRUPO AEROPORTUARIO DEL SURESPON ADR SER B40051E20276,638502,545SHSOLE394,127 0 108,418
GUIDEWIRE SOFTWARE INCCOM40171V10012,768121,160SHSOLE121,160 0 0
HDFC BANK LTDSPONSORED ADS40415F101115,3662,022,184SHSOLE1,960,942 0 61,242
HEALTH CATALYST INC RESTRICTEDCOM42225T10723,500889,146SHDFND889,146 0 0
HUTCHISON CHINA MEDITECH LTDSPONSORED ADR44842L10315,991896,370SHSOLE703,557 0 192,813
ILLUMINA INCCOM4523271091,074,5763,532,234SHSOLE2,502,538 0 1,029,696
INCYTE CORPCOM45337C102308,0304,149,675SHSOLE2,980,746 0 1,168,929
INTERCONTINENTAL EXCHANGE INCOM45866F10434,772376,853SHSOLE347,405 0 29,448
INTUITCOM461202103589,9392,218,316SHSOLE1,534,111 0 684,205
IQVIA HLDGS INCCOM46266C10529,602198,163SHSOLE182,512 0 15,651
ISHARES TRMSCI INDIA ETF46429B59884,8742,528,267SHSOLE2,528,267 0 0
KARUNA THERAPEUTICS INC RESTRICTEDCOM48576A1005,829428,895SHDFND428,895 0 0
KARUNA THERAPEUTICS INCCOM48576A1002,448150,000SHDFND150,000 0 0
LIVE NATION ENTERTAINMENT INCOM53803410926,732402,957SHSOLE371,487 0 31,470
MAKEMYTRIP LIMITED MAURITIUSSHSV5633W10965,9882,908,239SHSOLE2,283,964 0 624,275
MATCH GROUP INCCOM57665R106675,4989,455,463SHSOLE6,582,119 0 2,873,344
MERCADOLIBRE INCCOM58733R102185,033335,673SHSOLE263,438 0 72,235
MICROSOFT CORPCOM594918104502,2343,612,413SHSOLE2,534,083 0 1,078,330
MIRATI THERAPEUTICS INCCOM60468T105103,6971,330,983SHSOLE914,135 0 416,848
MONSTER BEVERAGE CORPCOM61174X109574,1639,889,136SHSOLE6,927,360 0 2,961,776
MOODYS CORPCOM61536910517,46285,249SHSOLE78,592 0 6,657
NETFLIX INCCOM64110L1061,292,2184,828,556SHSOLE3,388,315 0 1,440,241
NEW ORIENTAL ED & TECH GRP ISPON ADR647581107118,2561,067,677SHSOLE837,967 0 229,710
NIKE INCCL B654106103669,4937,128,332SHSOLE5,120,864 0 2,007,468
OKTA INCCL A679295105187,0421,899,679SHSOLE1,365,025 0 534,654
PAGSEGURO DIGITAL LTDCOM CL AG6870710177,1361,665,637SHSOLE1,307,597 0 358,040
PALO ALTO NETWORKS INCCOM697435105265,1091,300,636SHSOLE872,803 0 427,833
REGENERON PHARMACEUTICALSCOM75886F107246,744889,488SHSOLE638,752 0 250,736
REVOLVE GROUP INCCL A76156B1074,946211,650SHSOLE211,650 0 0
ROPER TECHNOLOGIES INCCOM77669610642,272118,542SHSOLE109,289 0 9,253
ROSS STORES INCCOM77829610325,361230,871SHSOLE212,857 0 18,014
SALESFORCE COM INCCOM79466L302807,1175,437,329SHSOLE3,763,156 0 1,674,173
SAREPTA THERAPEUTICS INCCOM803607100297,6713,952,090SHSOLE3,016,234 0 935,856
SEA LTDSPONSORED ADS81141R100162,3465,245,414SHSOLE4,117,714 0 1,127,700
SERVICENOW INCCOM81762P1021,326,7565,226,536SHSOLE3,675,176 0 1,551,360
SHOPIFY INCCL A82509L107506,6831,625,756SHSOLE1,182,120 0 443,636
SLACK TECHNOLOGIES INCCOM CL A83088V1028,740368,305SHDFND368,305 0 0
SPDR S&P 500 ETF TRTR UNIT78462F10380,128270,000SHSOLE 0 0 270,000
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS874039100199,3724,289,423SHSOLE3,572,136 0 717,287
TEXAS INSTRS INCCOM882508104351,3942,718,924SHSOLE1,992,511 0 726,413
THE CHARLES SCHWAB CORPORATICOM808513105283,9096,787,220SHSOLE4,876,063 0 1,911,157
TRANSDIGM GROUP INCCOM89364110049,60995,280SHSOLE87,831 0 7,449
TWILIO INCCL A90138F102215,2091,957,158SHSOLE1,353,377 0 603,781
UNION PACIFIC CORPCOM90781810817,233106,391SHSOLE98,089 0 8,302
UNITEDHEALTH GROUP INCCOM91324P10223,256107,012SHSOLE98,647 0 8,365
VERISK ANALYTICS INCCOM92345Y10628,917182,854SHSOLE168,562 0 14,292
VISA INCCOM CL A92826C8392,625,44015,263,299SHSOLE10,820,617 0 4,442,682
WORKDAY INCCL A98138H101978,4515,756,948SHSOLE4,115,064 0 1,641,884
YANDEX N VSHS CLASS AN97284108191,9925,483,906SHSOLE4,364,156 0 1,119,750
ZOETIS INCCL A98978V103468,5713,760,901SHSOLE2,712,954 0 1,047,947
ZOOM VIDEO COMMUNICATIONS INCL A98980L101113,1201,484,512SHSOLE1,093,976 0 390,536