Sands Capital Alternatives, LLC
CIK 1846444 · View on SEC EDGAR ↗
- Portfolio value
- $613.5M
- Positions
- 24
- As of
- June 30, 2026
Portfolio value QoQ: +45.7% 13F does not disclose cash
- Top 10 holdings weight
- 80.82%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 18
- Effective number of positions
- 10.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.53% Est. buys $163,963,430 · sells $2,734,018
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.7% still held
- New positions
- 3
- Increased
- 10
- Decreased
- 2
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: -7.6% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 24 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| Unknown issuer (CUSIP: 010911105) | $114,615,785 | 18.68% | 4,230,926 | Up ×1 | |||
| NU Nu Holdings Ltd. Class A Ordinary Shares | $94,788,559 | 15.45% | 7,094,952 | $840,818 | Up ×1 | ||
| KVYO Klaviyo, Inc. Series A Common Stock | $59,315,005 | 9.67% | 3,928,146 | $-11,707,729 | Up ×1 | ||
| BBNX Beta Bionics, Inc. - Common Stock | $58,105,034 | 9.47% | 3,708,043 | $20,950,443 | |||
| SGP SpyGlass Pharma, Inc. - Common Stock | $55,650,267 | 9.07% | 2,500,012 | $-9,125,044 | |||
| IKT Inhibikase Therapeutics, Inc. - Common Stock | $26,428,499 | 4.31% | 13,018,965 | $4,556,638 | |||
| DASH DoorDash, Inc. - Common Stock | $23,539,016 | 3.84% | 127,562 | $6,837,681 | Up ×3 | ||
| CPNG Coupang, Inc. Class A Common Stock | $23,090,184 | 3.76% | 1,329,314 | $3,981,906 | Up ×3 | ||
| DDOG Datadog, Inc. - Class A Common Stock | $21,050,366 | 3.43% | 80,851 | $10,922,502 | Down ×1 | ||
| BIOA BioAge Labs, Inc. - Common Stock | $19,273,512 | 3.14% | 786,353 | $5,520,198 | |||
| TXG 10x Genomics, Inc. - Common Stock | $18,471,062 | 3.01% | 481,770 | $8,243,085 | |||
| IOT Samsara Inc. Class A Common Stock | $16,722,789 | 2.73% | 515,658 | $-1,032,706 | Down ×1 | ||
| Unknown issuer (CUSIP: 67613T104) | $16,371,250 | 2.67% | 875,000 | Up ×1 | |||
| TOST Toast, Inc. Class A Common Stock | $10,150,934 | 1.65% | 364,879 | $2,154,272 | Up ×1 | ||
| ABOS Acumen Pharmaceuticals, Inc. - Common Stock | $9,932,680 | 1.62% | 3,720,105 | $1,153,232 | |||
| TTAN ServiceTitan, Inc. - Class A Common Stock | $7,675,217 | 1.25% | 108,545 | $1,972,955 | Up ×1 | ||
| Unknown issuer (CUSIP: 15675D103) | $7,254,325 | 1.18% | 32,825 | Up ×1 | |||
| SNOW Snowflake Inc. Common Stock | $6,234,741 | 1.02% | 24,498 | $3,180,184 | Up ×1 | ||
| MNDY monday.com Ltd. - Ordinary Shares | $5,934,677 | 0.97% | 81,982 | $1,244,320 | Up ×1 | ||
| TARS Tarsus Pharmaceuticals, Inc. - Common Stock | $5,349,900 | 0.87% | 85,000 | $-612,850 | |||
| TSHA Taysha Gene Therapies, Inc. - Common Stock | $4,936,385 | 0.80% | 724,873 | $1,696,203 | |||
| CADL Candel Therapeutics, Inc. - Common Stock | $4,180,121 | 0.68% | 405,837 | $2,191,520 | |||
| ACRV Acrivon Therapeutics, Inc. - Common Stock | $4,074,902 | 0.66% | 2,289,271 | $1,124,481 | Up ×1 | ||
| FIG Figma, Inc. Class A Common Stock | $400,965 | 0.07% | 22,165 | $14,399 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 010911105) | $114,615,785 | 4,230,926 | 18.68% |
| Unknown issuer (CUSIP: 67613T104) | $16,371,250 | 875,000 | 2.67% |
| Unknown issuer (CUSIP: 15675D103) | $7,254,325 | 32,825 | 1.18% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BBNX | Price move only | +0 | +$21.0M |
| KVYO | Bought more | +278K | -$11.7M |
| DDOG | Trimmed | -5K | +$10.9M |
| SGP | Price move only | +0 | -$9.1M |
| TXG | Price move only | +0 | +$8.2M |
| DASH | Bought more | +16K | +$6.8M |
| BIOA | Price move only | +0 | +$5.5M |
| IKT | Price move only | +0 | +$4.6M |
| CPNG | Bought more | +317K | +$4.0M |
| SNOW | Bought more | +4K | +$3.2M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.