Here’s Why Sands Capital Technology Innovators Fund Sold CrowdStrike Holdings (CRWD)

28 minutes ago 1

Soumya Eswaran

Mon, December 1, 2025 astatine 7:21 AM CST 3 min read

Sands Capital, an concern absorption company, released its Q3 2025 capitalist missive for the “Sands Capital Technology Innovators Fund.” A transcript of the missive tin beryllium downloaded here. Technology Innovators absorption connected pioneering businesses worldwide that service arsenic cardinal drivers oregon beneficiaries of significant, semipermanent technological changes. The money returned 8.4% (net) successful the 3rd 4th compared to a 12.5% instrumentality for the benchmark, MSCI ACWI Info Tech and Communication Services Index. Despite concentrated leadership, planetary equities appreciated successful the 3rd quarter, arsenic measured by the MSCI ACWI. The United States accounted for astir 70 percent of the index's increase, portion developed markets extracurricular the U.S. and emerging markets besides provided affirmative returns. You tin cheque the fund’s apical 5 holdings to cognize much astir its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Sands Capital Technology Innovators Fund highlighted stocks specified arsenic CrowdStrike Holdings, Inc. (NASDAQ:CRWD). CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is simply a planetary cybersecurity solutions provider. The one-month instrumentality of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was -7.75%, and its shares gained 46.82% of their worth implicit the past 52 weeks. On November 28, 2025, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) banal closed astatine $509.16 per share, with a marketplace capitalization of $127.776 billion.

Sands Capital Technology Innovators Fund stated the pursuing regarding CrowdStrike Holdings, Inc. (NASDAQ:CRWD) successful its 3rd 4th 2025 capitalist letter:

"We exited our presumption successful CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to money additions to different high-growth, high-valuation businesses that we estimation connection greater instrumentality potential. While we proceed to presumption CrowdStrike arsenic 1 of the starring cybersecurity companies, beardown stock terms appreciation since our archetypal concern accrued its valuation and lowered our expected returns. We redeployed the superior into Figma and Duolingo, which we judge contiguous a much charismatic equilibrium of maturation and valuation."

I Sold Some For My Trust, Says Jim Cramer

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 66 hedge money portfolios held CrowdStrike Holdings, Inc. (NASDAQ:CRWD) astatine the extremity of the 3rd quarter, the aforesaid arsenic successful the erstwhile quarter. While we admit the imaginable of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.