Frank Sands's CPNG Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 9.17 M shares of Coupang, Inc. (CPNG) worth $173.17 M, representing 0.68% of the portfolio. First purchased in 2022-Q4, this medium-term investment has been held for 14 quarters.
Based on 13F filings, Frank Sands has maintained a strategic position in CPNG, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2023, adding 1.78 M shares. Largest reduction occurred in Q1 2024, reducing 1.28 M shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's Coupang (CPNG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Coupang (CPNG) Trades by Frank Sands
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -1.15 M | Reduce 11.12% | 9.17 M | $18.88 |
| Q4 2025 | -704,512 | Reduce 6.39% | 10.32 M | $23.59 |
| Q3 2025 | -975,544 | Reduce 8.13% | 11.02 M | $32.20 |
| Q2 2025 | -80,763 | Reduce 0.67% | 12 M | $29.96 |
| Q1 2025 | -972,066 | Reduce 7.45% | 12.08 M | $21.93 |
| Q4 2024 | -32,986 | Reduce 0.25% | 13.05 M | $21.98 |
| Q3 2024 | +395,994 | Add 3.12% | 13.09 M | $24.55 |
| Q2 2024 | -466,716 | Reduce 3.55% | 12.69 M | $20.95 |
| Q1 2024 | -1.28 M | Reduce 8.89% | 13.16 M | $17.79 |
| Q4 2023 | +98,043 | Add 0.68% | 14.44 M | $16.19 |
| Q3 2023 | +709,867 | Add 5.21% | 14.34 M | $17.00 |
| Q2 2023 | +1.78 M | Add 14.99% | 13.63 M | $17.40 |
| Q1 2023 | +1.05 M | Add 9.73% | 11.86 M | $16.00 |
| Q4 2022 | +10.8 M | New Buy | 10.8 M | $0.01 |
Frank Sands's Coupang Investment FAQs
Frank Sands first purchased Coupang, Inc. (CPNG) in Q4 2022, acquiring 10,803,846 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held Coupang, Inc. (CPNG) for 14 quarters since Q4 2022.
Frank Sands's largest addition to Coupang, Inc. (CPNG) was in Q4 2022, adding 10,803,846 shares worth $158,925.
According to the latest 13F filing for Q1 2026, Frank Sands's firm, Sands Capital Management, LLC, owns 9,172,187 shares of Coupang, Inc. (CPNG), valued at approximately $173.17 M.
As of the Q1 2026 filing, Coupang, Inc. (CPNG) represents approximately 0.68% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings.
Frank Sands's peak holding in Coupang, Inc. (CPNG) was 14,440,552 shares, as reported at the end of Q4 2023.