Sands Capital Alternatives, LLC
Sands Capital Alternatives, LLC reported 24 US-listed holdings worth $613.5 million in its 13F for the quarter ended 30 June 2026, filed 13 August 2026. Its largest: Alamar Biosciences Inc. (18.7%), Nu Holdings Ltd. (15.4%) and Klaviyo Inc. (9.7%). Against the quarter before, it opened 3 positions, added to 10, trimmed 2 and sold out of 0.
Filed before as Sands Capital Ventures, LLC.
The 14 largest of its 24 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned -12.1% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 3
- Alamar Biosciences Inc. ALMR$114.6 million
- Odyssey Therapeutics, Inc. ODTX$16.4 million
- Cerebras Systems Inc. Com Class A CBRS$7.3 million
Added to 10
- Nu Holdings Ltd. NU+557,183 shares · +9%
- Coupang Inc. Class A CPNG+317,223 shares · +31%
- Klaviyo Inc. KVYO+278,468 shares · +8%
- DoorDash, Inc. DASH+16,331 shares · +15%
- Toast, Inc. TOST+63,232 shares · +21%
- Servicetitan TTAN+18,689 shares · +21%
- Snowflake Inc. SNOW+4,245 shares · +21%
- monday.com Ltd. MNDY+14,114 shares · +21%
and 2 more in the table below
Trimmed 2
- Samsara Inc. IOT-44,629 shares · -8%
- Datadog, Inc. DDOG-4,942 shares · -6%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Alamar Biosciences Inc. ALMR | 4.2M | $114.6 million | 18.68% | new |
| Nu Holdings Ltd. NU | 7.1M | $94.8 million | 15.45% | +557.2K |
| Klaviyo Inc. KVYO | 3.9M | $59.3 million | 9.67% | +278.5K |
| Beta Bionics Inc BBNX | 3.7M | $58.1 million | 9.47% | no change |
| Spyglass Pharma Inc. SGP | 2.5M | $55.7 million | 9.07% | no change |
| Inhibikase Therapeutics Inc. IKT | 13.0M | $26.4 million | 4.31% | no change |
| DoorDash, Inc. DASH | 127.6K | $23.5 million | 3.84% | +16.3K |
| Coupang Inc. Class A CPNG | 1.3M | $23.1 million | 3.76% | +317.2K |
| Datadog, Inc. DDOG | 80.9K | $21.1 million | 3.43% | -4.9K |
| Bioage Labs Inc. BIOA | 786.4K | $19.3 million | 3.14% | no change |
| 10X Genomics Inc. TXG | 481.8K | $18.5 million | 3.01% | no change |
| Samsara Inc. IOT | 515.7K | $16.7 million | 2.73% | -44.6K |
| Odyssey Therapeutics, Inc. ODTX | 875.0K | $16.4 million | 2.67% | new |
| Toast, Inc. TOST | 364.9K | $10.2 million | 1.65% | +63.2K |
| Acumen Pharmaceuticals Inc. ABOS | 3.7M | $9.9 million | 1.62% | no change |
| Servicetitan TTAN | 108.5K | $7.7 million | 1.25% | +18.7K |
| Cerebras Systems Inc. Com Class A CBRS | 32.8K | $7.3 million | 1.18% | new |
| Snowflake Inc. SNOW | 24.5K | $6.2 million | 1.02% | +4.2K |
| monday.com Ltd. MNDY | 82.0K | $5.9 million | 0.97% | +14.1K |
| Tarsus Pharmaceuticals Inc. TARS | 85.0K | $5.3 million | 0.87% | no change |
| Taysha Gene Therapies Inc. TSHA | 724.9K | $4.9 million | 0.80% | no change |
| Candel Therapeutics Inc. CADL | 405.8K | $4.2 million | 0.68% | no change |
| Acrivon Therapeutics Inc. ACRV | 2.3M | $4.1 million | 0.66% | +166.7K |
| Figma Inc. FIG | 22.2K | $400,965 | 0.07% | +3.9K |