Sands Capital Alternatives, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Sands Capital Alternatives, LLC reported 24 stock positions worth $613.5 million. Its top holding was Alamar Biosciences (ALMR) at 18.7% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 15.4%) and Klaviyo Class A (KVYO, 9.7%). Compared with Q1 2026, it opened 3 new positions, added to 10 and reduced 2. The biggest buy was a new position in Alamar Biosciences (ALMR) and the biggest sale Samsara Class A (IOT, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- ARLINGTON, VA
- CIK
- 0001846444
- Portfolio Value
- $613.5M (Q2 2026)
- SEC Filing
- 0001846444-26-000009 ↗ filed Aug 13, 2026
Holdings Value
Holdings 24 stocks · $613.5M
| ALMR Alamar Biosciences Inc. | 18.68% | 4,230,926 | $114.6M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 15.45% | 7,094,952 | $94.8M | Add +8.5% |
| KVYO Klaviyo Inc. Class A | 9.67% | 3,928,146 | $59.3M | Add +7.6% |
| BBNX Beta Bionics Inc. | 9.47% | 3,708,043 | $58.1M | No change |
| SGP Spyglass Pharma Inc. | 9.07% | 2,500,012 | $55.7M | No change |
| IKT Inhibikase Therapeutics Inc. | 4.31% | 13,018,965 | $26.4M | No change |
| DASH DoorDash Inc. Class A | 3.84% | 127,562 | $23.5M | Add +14.7% |
| CPNG Coupang Inc. | 3.76% | 1,329,314 | $23.1M | Add +31.3% |
| DDOG Datadog Inc. Class A | 3.43% | 80,851 | $21.1M | Reduce -5.8% |
| BIOA Bioage Labs Inc. | 3.14% | 786,353 | $19.3M | No change |
| TXG 10X Genomics Inc. Class A | 3.01% | 481,770 | $18.5M | No change |
| IOT Samsara Inc. Class A | 2.73% | 515,658 | $16.7M | Reduce -8.0% |
| ODTX Odyssey Therapeutics Inc. | 2.67% | 875,000 | $16.4M | New |
| TOST Toast Inc. Class A | 1.65% | 364,879 | $10.2M | Add +21.0% |
| ABOS Acumen Pharmaceuticals Inc. | 1.62% | 3,720,105 | $9.9M | No change |
| TTAN Servicetitan Inc. Class A | 1.25% | 108,545 | $7.7M | Add +20.8% |
| CBRS Cerebras Systems Inc. Class A | 1.18% | 32,825 | $7.3M | New |
| SNOW Snowflake Inc. | 1.02% | 24,498 | $6.2M | Add +21.0% |
| MNDY Monday.com Ltd. | 0.97% | 81,982 | $5.9M | Add +20.8% |
| TARS Tarsus Pharmaceuticals Inc. | 0.87% | 85,000 | $5.3M | No change |
| TSHA Taysha Gene Therapies Inc. | 0.80% | 724,873 | $4.9M | No change |
| CADL Candel Therapeutics Inc. | 0.68% | 405,837 | $4.2M | No change |
| ACRV Acrivon Therapeutics Inc. | 0.66% | 2,289,271 | $4.1M | Add +7.8% |
| FIG Figma Inc. Class A | 0.07% | 22,165 | $401K | Add +21.2% |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
| ALMR Alamar Biosciences Inc. | New | 18.68% | +18.68 |
| ODTX Odyssey Therapeutics Inc. | New | 2.67% | +2.67 |
| CBRS Cerebras Systems Inc. Class A | New | 1.18% | +1.18 |
| SNOW Snowflake Inc. | Add +21.0% | 1.02% | +0.29 |
| FIG Figma Inc. Class A | Add +21.2% | 0.07% | −0.03 |
| ACRV Acrivon Therapeutics Inc. | Add +7.8% | 0.66% | −0.04 |
| TTAN Servicetitan Inc. Class A | Add +20.8% | 1.25% | −0.10 |
| DASH DoorDash Inc. Class A | Add +14.7% | 3.84% | −0.13 |
| MNDY Monday.com Ltd. | Add +20.8% | 0.97% | −0.15 |
| TOST Toast Inc. Class A | Add +21.0% | 1.65% | −0.24 |
| CPNG Coupang Inc. | Add +31.3% | 3.76% | −0.77 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +8.5% | 15.45% | −6.86 |
| KVYO Klaviyo Inc. Class A | Add +7.6% | 9.67% | −7.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $613.5M | ALMR, NU, KVYO, BBNX, SGP |
| Q1 2026 | 21 | $421.2M | NU, KVYO, SGP, BBNX, IKT |
| Q4 2025 | 20 | $518.5M | KVYO, NU, BBNX, IKT, DASH |
| Q3 2025 | 20 | $456.4M | NU, KVYO, BBNX, CPNG, DASH |
| Q2 2025 | 19 | $507.8M | KVYO, NU, DASH, BBNX, CPNG |
| Q1 2025 | 20 | $408.9M | KVYO, NU, DASH, BBNX, IKT |
| Q4 2024 | 21 | $459.7M | KVYO, NU, DASH, IKT, CPNG |
| Q3 2024 | 20 | $355.8M | KVYO, NU, DASH, BIOA, ACRV |
| Q2 2024 | 20 | $298.6M | NU, KVYO, DASH, PATH, SNOW |
| Q1 2024 | 20 | $414.7M | NU, KVYO, DASH, PATH, SNOW |