Sands Capital Alternatives, LLC

CIK: 0001846444Latest portfolio: $518.5M · Q4 2025

Holdings

20

Total Value

$518.5M

New Positions

1

Closed Positions

1

Top Holdings

#StockSharesValue% PortfolioChangeType
1
KVYOKLAVIYO INC
3,649,678$118.5M22.86%+135K
2
NUNU HLDGS LTD
6,861,399$114.9M22.15%-314,035
3
BBNXBETA BIONICS INC
3,570,113$108.8M20.98%
4
IKTINHIBIKASE THERAPEUTICS INC
13,018,965$26.7M5.15%+2.1M
5
DASHDOORDASH INC
95,618$21.7M4.18%+5K
6
CPNGCOUPANG INC
870,424$20.5M3.96%+75K
7
IOTSAMSARA INC
466,190$16.5M3.19%-132,724
8
DDOGDATADOG INC
85,793$11.7M2.25%-32,914
9
TOSTTOAST INC
301,647$10.7M2.07%+145K
10
BIOABIOAGE LABS INC
786,353$10.4M2.01%
11
MNDYMONDAY COM LTD
67,868$10.0M1.93%+10K
12
TTANSERVICETITAN INC
89,856$9.6M1.85%NEW
13
TXG10X GENOMICS INC
481,770$7.9M1.52%
14
ABOSACUMEN PHARMACEUTICALS INC
3,417,075$7.2M1.39%
15
TARSTARSUS PHARMACEUTICALS INC
85,000$7.0M1.34%-85,000
16
ACRVACRIVON THERAPEUTICS INC
2,122,605$5.1M0.99%
17
SNOWSNOWFLAKE INC
20,253$4.4M0.86%-6,752
18
TSHATAYSHA GENE THERAPIES INC
724,873$4.0M0.77%
19
CADLCANDEL THERAPEUTICS INC
405,837$2.3M0.44%
20
FIGFIGMA INC
18,286$683K0.13%

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
IKT13.0M+2.1M
TOST302K+145K
KVYO3.6M+135K
CPNG870K+75K
MNDY68K+10K
DASH96K+5K
DDOG86K+-32914
TARS85K+-85000

Decreased Positions

NameSharesChange
NU6.9M-314035
IOT466K-132724
SNOW20K-6752

Sector Breakdown

Healthcare0.0% ($1.0878126688104038e+30T)
Technology0.0% ($1.1850516526116661e+27T)
Financial Services0.0% ($114.9M)
Communication Services0.0% ($21.7M)
Consumer Cyclical0.0% ($20.5M)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 13, 2026$518.5M20
Q3 2025Nov 13, 2025$456.4B20
Q2 2025Aug 13, 2025$507.8B0
Q1 2025May 14, 2025$408.9B20
Q4 2024Feb 13, 2025$459.7B21

Fund Information

CIK0001846444
Most Recent FilingFeb 13, 2026
Number of Filings5

Sands Capital Alternatives, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $518.5M across 20 holdings. The largest position is KLAVIYO INC (KVYO), representing 22.9% of the portfolio. Compared to the previous quarter, the fund opened 1 new positions and closed 1 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.