This is controlled by the Highlight Matches
button in the Find
and Find and Replace
panels, and causes Sublime to show you all of the matches, highlighting one of them and outlining the remainder in a region
to show you where they are.
The visual appearance of the button is controlled by the theme you use, but it's always in this position in the panel (and it should have the same icon in all other find panels as well); it also has a tooltip that tells you the name.
When the search term is modified and this option is turned on, Sublime jumps to a match, though this doesn't occur if the panel opens with an existing search term already in it; in that case matches are highlighted but the view doesn't change.
The option also exists in Incremental Find
panel as well, but turning it off there only stops other matches from being highlighted as by definition Incremental Find is for jumping to a search term incrementally as you modify it.
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