DOSSIER · 13F-HR · Q2 2026

Sands Capital Alternatives, LLC

$614M in tracked AUM across 24 positions as of Q2 2026.

SC
CIK 0001846444 · last filed Jun 30, 2026
Total AUM
$614M
as of Q2 2026
Holdings
24
positions
Whale Score
73
73
strong
Activity
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Sands Capital Alternatives, LLC reported a significant contraction in portfolio value for the period ending September 30, 2025. The total assets under management (AUM) decreased by 14.3%, falling from $507.82M to $435.38M. This decline was driven not only by potential market depreciation but also by substantial capital reallocation, evidenced by a major reduction in the DoorDash position. The portfolio is highly concentrated, containing only *14 holdings...

Key Holdings

The portfolio is dominated by a few large, conviction bets, particularly in the technology and growth sectors.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
ALMR
ALAMAR BIOSCIENCES INC
$115M4.2M18.7%
02
G6683N103
NU HLDGS LTD
$95M7.1M15.4%
03
KVYO
KLAVIYO INC
$59M3.9M9.7%
04
BBNX
BETA BIONICS INC
$58M3.7M9.5%
05
SGP
SPYGLASS PHARMA INC
$56M2.5M9.1%
06
IKT
INHIBIKASE THERAPEUTICS INC
$26M13.0M4.3%
07
DASH
DOORDASH INC
$24M128K3.8%
08
CPNG
COUPANG INC
$23M1.3M3.8%
09
DDOG
DATADOG INC
$21M81K3.4%
10
BIOA
BIOAGE LABS INC
$19M786K3.1%

Filing history

2026Q2Jun 30
$614M 45.7%
24 positionsView →
2026Q1Mar 31
$421M 18.8%
21 positionsView →
2025Q4Dec 31
$518M 19.1%
20 positionsView →
2025Q3Sep 30
$435M 14.3%
14 positionsView →
2025Q2Jun 30
$508M 30.1%
19 positionsLocked
2025Q1Mar 31
$390M 15.1%
15 positionsLocked
2024Q4Dec 31
$460M 29.2%
21 positionsLocked
2024Q3Sep 30
$356M 19.2%
20 positionsLocked
2024Q2Jun 30
$299M 28.0%
20 positionsLocked
2024Q1Mar 31
$415M 15.4%
20 positionsLocked
2023Q4Dec 31
$359M 6.3%
21 positionsLocked
2023Q3Sep 30
$338M 0.0%
23 positionsLocked
Showing 12 of 20