👉 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
👉 Alphabet Inc. (NASDAQ:GOOG) was sold due to concerns about the future of its internet search business
👉 The fund believes that certain AI stocks offer greater upside potential and carry less downside risk