UNITED STATES
SECURITIES AND EXCHANGE COMMISSSION
WASHINGTON, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
Check here if Amendment: ( )
Institutional Investment Manager filing this Report:
Name: Sands Capital Management, Inc.
Address: 1100 North Glebe Road
Suite 1000
Arlington, VA 22201
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: Frank M. Sands
Title: President
Phone: 703-528-4000
Signature, Place and Date of Signing:
Frank M. Sands, Arlington, VA, February 10, 2000
Report Type: 13F HOLDING REPORT
List of other Managers Report for this Manager: NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Managers: 0
Form 13F Information Table Entry Total: 36
Form 13F Information Table Value Total: $665,284
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FORM 13F INFORMATION TABLE
Value Shares/ Sh/ Invstmt Other Voting Authority
Name of Issuer Title of Class CUSIP (x 1000) Prn Amt Prn Dscretn Managers Sole Shared None
Abbott Laboratories COM 002824100 11190 368015 SH SOLE 368015
American Power Conversion COM 029066107 18824 713700 SH SOLE 713700
Automatic Data Processing COM 053015103 17468 324238 SH SOLE 324238
BP Amoco SPONSERED ADR 055622104 373 6292 SH SOLE 6292
Bristol-Myers Squibb COM 110122108 566 8825 SH SOLE 8825
Cisco Systems COM 17275R102 110392 1030495 SH SOLE 1030495
Citigroup COM 172967101 716 12864 SH SOLE 12864
Coca-Cola Co COM 191216100 269 4630 SH SOLE 4630
EMC Corp COM 268648102 31718 290326 SH SOLE 290326
First Data Corp COM 319963104 19287 391125 SH SOLE 391125
Franklin Electric COM 353514102 381 5430 SH SOLE 5430
General Electric COM 369604103 34029 219903 SH SOLE 219903
Harley-Davidson COM 412822108 26410 412260 SH SOLE 412260
Home Depot COM 437076102 43212 628541 SH SOLE 628451
Hewlett-Packard COM 428236103 24815 218157 SH SOLE 218157
Intel Corp COM 458140100 56778 689788 SH SOLE 689788
Intl Business Machines COM 459200101 625 5800 SH SOLE 5800
Johnson & Johnson COM 478160104 18349 196773 SH SOLE 196773
Johnson Controls COM 478366107 233 4100 SH SOLE 4100
Leggett & Platt COM 524660107 8901 415206 SH SOLE 415206
McDonald's Corp COM 580135101 13845 343444 SH SOLE 343444
MCI Worldcom COM 55268B106 19092 359807 SH SOLE 359807
Merck & Company COM 589331107 22385 333166 SH SOLE 333166
Microsoft COM 594918104 78778 674760 SH SOLE 674760
Nike Inc COM 654106103 9996 201675 SH SOLE 201675
Nokia Corp SPONSORED ADR 654902204 229 1200 SH SOLE 1200
Pepsico Inc COM 713448108 411 11665 SH SOLE 11665
Pfizer COM 717081103 435 13404 SH SOLE 13404
Procter & Gamble COM 742718109 230 2100 SH SOLE 2100
T Rowe Price & Assocs COM 741477103 27791 752375 SH SOLE 752375
Reliastar Financial COM 75952U103 219 5600 SH SOLE 5600
SBC Communications COM 78387G103 257 5282 SH SOLE 5282
Schering-Plough COM 806605101 242 5720 SH SOLE 5720
Charles Schwab & Co COM 808512105 16897 441762 SH SOLE 441762
Staples COM 855030102 13687 659596 SH SOLE 659596
Wal-Mart COM 931142103 36254 524469 SH SOLE 501169
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