Sands Capital Alternatives, LLC
CIK 0001846444
Annualised vol
9.46164%
Beta
0.188747
HHI
958.369685
Top-10 weight
80.818078%
VaR 95%
0.871476%
VaR 99%
1.787455%
Max drawdown
21.202029%
Matched value
84.550705%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| ALMR | NEW | 4,230,926 | - | - | 114,615,785 |
| KVYO | ADDED | 3,928,146 | 3,649,678 | 7.63% | 59,315,005 |
| BBNX | UNCHANGED | 3,708,043 | 3,708,043 | 0.0% | 58,105,034 |
| SGP | UNCHANGED | 2,500,012 | 2,500,012 | 0.0% | 55,650,267 |
| IKT | UNCHANGED | 13,018,965 | 13,018,965 | 0.0% | 26,428,499 |
| DASH | ADDED | 127,562 | 111,231 | 14.68% | 23,539,016 |
| CPNG | ADDED | 1,329,314 | 1,012,091 | 31.34% | 23,090,184 |
| DDOG | REDUCED | 80,851 | 85,793 | -5.76% | 21,050,366 |
| BIOA | UNCHANGED | 786,353 | 786,353 | 0.0% | 19,273,512 |
| TXG | UNCHANGED | 481,770 | 481,770 | 0.0% | 18,471,062 |
| IOT | REDUCED | 515,658 | 560,287 | -7.97% | 16,722,789 |
| ODTX | NEW | 875,000 | - | - | 16,371,250 |
| TOST | ADDED | 364,879 | 301,647 | 20.96% | 10,150,934 |
| ABOS | UNCHANGED | 3,720,105 | 3,720,105 | 0.0% | 9,932,680 |
| TTAN | ADDED | 108,545 | 89,856 | 20.8% | 7,675,217 |
| CBRS | NEW | 32,825 | - | - | 7,254,325 |
| SNOW | ADDED | 24,498 | 20,253 | 20.96% | 6,234,741 |
| MNDY | ADDED | 81,982 | 67,868 | 20.8% | 5,934,677 |
| TARS | UNCHANGED | 85,000 | 85,000 | 0.0% | 5,349,900 |
| TSHA | UNCHANGED | 724,873 | 724,873 | 0.0% | 4,936,385 |
| CADL | UNCHANGED | 405,837 | 405,837 | 0.0% | 4,180,121 |
| ACRV | ADDED | 2,289,271 | 2,122,605 | 7.85% | 4,074,902 |
| FIG | ADDED | 22,165 | 18,286 | 21.21% | 400,965 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| ALMR | NEW | ALAMAR BIOSCIENCES INC | COMMON STOCK | 010911105 | 114,615,785 | 18.68 | 4230926.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 94,788,559 | 15.45 | 7094952.0 | |
| KVYO | ADDED | KLAVIYO INC | COM SER A | 49845K101 | 59,315,005 | 9.67 | 3928146.0 |
| BBNX | UNCHANGED | BETA BIONICS INC | COM | 08659B102 | 58,105,034 | 9.47 | 3708043.0 |
| SGP | UNCHANGED | SPYGLASS PHARMA INC | COM SHS | 85220G109 | 55,650,267 | 9.07 | 2500012.0 |
| IKT | UNCHANGED | INHIBIKASE THERAPEUTICS INC | COM NEW | 45719W205 | 26,428,499 | 4.31 | 1.3018965E7 |
| DASH | ADDED | DOORDASH INC | CL A | 25809K105 | 23,539,016 | 3.84 | 127562.0 |
| CPNG | ADDED | COUPANG INC | CL A | 22266T109 | 23,090,184 | 3.76 | 1329314.0 |
| DDOG | REDUCED | DATADOG INC | CL A COM | 23804L103 | 21,050,366 | 3.43 | 80851.0 |
| BIOA | UNCHANGED | BIOAGE LABS INC | COM | 09077V100 | 19,273,512 | 3.14 | 786353.0 |
| TXG | UNCHANGED | 10X GENOMICS INC | CL A COM | 88025U109 | 18,471,062 | 3.01 | 481770.0 |
| IOT | REDUCED | SAMSARA INC | COM CL A | 79589L106 | 16,722,789 | 2.73 | 515658.0 |
| ODTX | NEW | ODYSSEY THERAPEUTICS INC | COMMON STOCK | 67613T104 | 16,371,250 | 2.67 | 875000.0 |
| TOST | ADDED | TOAST INC | CL A | 888787108 | 10,150,934 | 1.65 | 364879.0 |
| ABOS | UNCHANGED | ACUMEN PHARMACEUTICALS INC | COM | 00509G209 | 9,932,680 | 1.62 | 3720105.0 |
| TTAN | ADDED | SERVICETITAN INC | SHS CL A | 81764X103 | 7,675,217 | 1.25 | 108545.0 |
| CBRS | NEW | CEREBRAS SYSTEMS INC | COM CL A | 15675D103 | 7,254,325 | 1.18 | 32825.0 |
| SNOW | ADDED | SNOWFLAKE INC | COM SHS | 833445109 | 6,234,741 | 1.02 | 24498.0 |
| MNDY | ADDED | MONDAY COM LTD | SHS | M7S64H106 | 5,934,677 | 0.97 | 81982.0 |
| TARS | UNCHANGED | TARSUS PHARMACEUTICALS INC | COM | 87650L103 | 5,349,900 | 0.87 | 85000.0 |
| TSHA | UNCHANGED | TAYSHA GENE THERAPIES INC | COM SHS | 877619106 | 4,936,385 | 0.8 | 724873.0 |
| CADL | UNCHANGED | CANDEL THERAPEUTICS INC | COM | 137404109 | 4,180,121 | 0.68 | 405837.0 |
| ACRV | ADDED | ACRIVON THERAPEUTICS INC | COMMON STOCK | 004890109 | 4,074,902 | 0.66 | 2289271.0 |
| FIG | ADDED | FIGMA INC | CLASS A COM STK | 316841105 | 400,965 | 0.07 | 22165.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 613,546,175 | 24 | 9.46164 | 0.188747 | 21.202029 |
| 2026-03-31 | 2026-05-08 | 421,198,307 | 21 | 11.072186 | 0.21023 | 23.997363 |
| 2025-12-31 | 2026-02-13 | 518,465,381 | 20 | 13.767804 | 0.230922 | 33.797963 |
| 2025-09-30 | 2025-11-13 | 456,415,766 | 20 | 13.164951 | 0.254263 | 29.530655 |
| 2025-03-31 | 2025-05-14 | 408,897,024 | 20 | 15.450846 | 0.318426 | 29.464187 |
| 2024-12-31 | 2025-02-13 | 459,728,730 | 21 | 16.671501 | 0.330349 | 29.397982 |