Sands Capital Alternatives, LLC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $5,405,373,296 | Pooled investment vehicles (97%) |
| Apr 2025 to Mar 2026 | $3,210,736,244 | Pooled investment vehicles (97%) |
| Apr 2024 to Mar 2025 | $2,876,429,874 | Pooled investment vehicles (100%) |
| May 2023 to Mar 2024 | $2,697,019,354 | Pooled investment vehicles (100%) |
| Apr 2023 | $2,697,019,354 | Pooled investment vehicles (100%) |
| Apr 2022 to Mar 2023 | $3,359,391,173 | Pooled investment vehicles (100%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 99.3%; sector active share 49.3% against the combined 13F book's sector weights.
Over time 20 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
24 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 55.0% | $337,389,394 |
| Technology | 22.0% | $134,739,013 |
| Financial Services | 15.4% | $94,788,558 |
| Consumer Cyclical | 7.6% | $46,629,199 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NU | Nu Holdings Ltd. | +557,183 | 7,094,952 | $94,788,558 | |
| CPNG | Coupang, Inc. | +317,223 | 1,329,314 | $23,090,184 | |
| KVYO | Klaviyo, Inc. | +278,468 | 3,928,146 | $59,315,004 | |
| ACRV | Acrivon Therapeutics, Inc. | +166,666 | 2,289,271 | $4,074,902 | |
| TOST | Toast, Inc. | +63,232 | 364,879 | $10,150,933 | |
| TTAN | ServiceTitan, Inc. | +18,689 | 108,545 | $7,675,216 | |
| DASH | DoorDash, Inc. | +16,331 | 127,562 | $23,539,015 | |
| MNDY | monday.com Ltd. | +14,114 | 81,982 | $5,934,676 | |
| SNOW | Snowflake Inc. | +4,245 | 24,498 | $6,234,741 | |
| FIG | Figma, Inc. | +3,879 | 22,165 | $400,964 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ALMR |
Alamar Biosciences, Inc.
Healthcare
|
NEW | 4,230,926 | $114,615,785 | 18.68% | |
| NU |
Nu Holdings Ltd.
Financial Services
|
Added | 7,094,952 | $94,788,558 | 15.45% | |
| KVYO |
Klaviyo, Inc.
Technology
|
Added | 3,928,146 | $59,315,004 | 9.67% | |
| BBNX |
Beta Bionics, Inc.
Healthcare
|
Held | 3,708,043 | $58,105,033 | 9.47% | |
| SGP |
SpyGlass Pharma, Inc.
Healthcare
|
Held | 2,500,012 | $55,650,267 | 9.07% | |
| IKT |
Inhibikase Therapeutics, Inc.
Healthcare
|
Held | 13,018,965 | $26,428,498 | 4.31% | |
| DASH |
DoorDash, Inc.
Consumer Cyclical
|
Added | 127,562 | $23,539,015 | 3.84% | |
| CPNG |
Coupang, Inc.
Consumer Cyclical
|
Added | 1,329,314 | $23,090,184 | 3.76% | |
| DDOG |
Datadog, Inc.
Technology
|
Reduced | 80,851 | $21,050,366 | 3.43% | |
| BIOA |
BioAge Labs, Inc.
Healthcare
|
Held | 786,353 | $19,273,512 | 3.14% | |
| TXG |
10x Genomics, Inc.
Healthcare
|
Held | 481,770 | $18,471,061 | 3.01% | |
| IOT |
Samsara Inc.
Technology
|
Reduced | 515,658 | $16,722,788 | 2.73% | |
| ODTX |
Odyssey Therapeutics, Inc.
Healthcare
|
NEW | 875,000 | $16,371,250 | 2.67% | |
| TOST |
Toast, Inc.
Technology
|
Added | 364,879 | $10,150,933 | 1.65% | |
| ABOS |
Acumen Pharmaceuticals, Inc.
Healthcare
|
Held | 3,720,105 | $9,932,680 | 1.62% | |
| TTAN |
ServiceTitan, Inc.
Technology
|
Added | 108,545 | $7,675,216 | 1.25% | |
| CBRS |
Cerebras Systems Inc.
Technology
|
NEW | 32,825 | $7,254,325 | 1.18% | |
| SNOW |
Snowflake Inc.
Technology
|
Added | 24,498 | $6,234,741 | 1.02% | |
| MNDY |
monday.com Ltd.
Technology
|
Added | 81,982 | $5,934,676 | 0.97% | |
| TARS |
Tarsus Pharmaceuticals, Inc.
Healthcare
|
Held | 85,000 | $5,349,900 | 0.87% | |
| TSHA |
Taysha Gene Therapies, Inc.
Healthcare
|
Held | 724,873 | $4,936,385 | 0.80% | |
| CADL |
Candel Therapeutics, Inc.
Healthcare
|
Held | 405,837 | $4,180,121 | 0.68% | |
| ACRV |
Acrivon Therapeutics, Inc.
Healthcare
|
Added | 2,289,271 | $4,074,902 | 0.66% | |
| FIG |
Figma, Inc.
Technology
|
Added | 22,165 | $400,964 | 0.07% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.