👉 Sands Capital Technology Innovators Fund returned 26.0% (net) in Q2 2025 👉 The fund outperformed the benchmark MSCI ACWI Info Tech and Communication Services Index 👉 Netflix, Inc. (NASDAQ:NFLX) was highlighted as a key holding in the fund's Q2 2025 investor letter 👉 The fund cited Netflix's strong first quarter 2025 results, solid subscriber growth, and increasing ad revenue