Sapphire Ventures, L.P.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Sapphire Ventures, L.P. reported 4 stock positions worth $99.4 million. Its top holding was Netskope Class A (NTSK) at 48.4% of the portfolio, followed by Braze Class A (BRZE, 39.5%) and Kaltura (KLTR, 9.8%). Compared with Q4 2025, it opened 1 new position and sold out of 1. The biggest buy was a new position in Netskope Class A (NTSK) and the biggest sale an exit from ON24 (ONTF).

Most Recent 13F
Q2 2026
Location
Austin, TX
CIK
0001697665
Portfolio Value
$99.4M (Q1 2026)
SEC Filing
0001172661-26-001667 ↗ filed May 12, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $134.3M Q1 2024 Q2 2024: $117.5M Q2 2024 Q3 2024: $95.8M Q3 2024 Q4 2024: $124.7M Q4 2024 Q1 2025: $105.1M Q1 2025 Q2 2025: $90.5M Q2 2025 Q3 2025: $84.6M Q3 2025 Q4 2025: $74.3M Q4 2025 Q1 2026: $99.4M $99.4M Q1 2026 Q2 2026: $103.8M Q2 2026

Holdings 4 stocks · $99.4M

NTSK Netskope Inc. Class A 48.43% 5,672,579 $48.2M New
BRZE Braze Inc. Class A 39.55% 1,665,798 $39.3M No change
KLTR Kaltura Inc. 9.79% 7,980,295 $9.7M No change
PATH Uipath Inc. Class A 2.23% 200,000 $2.2M No change

Portfolio Sells Q4 2025 → Q1 2026

ONTF ON24 Inc. Sold out 0.00% −1.07

Portfolio Buys Q4 2025 → Q1 2026

NTSK Netskope Inc. Class A New 48.43% +48.43

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$103.8MNTSK, BRZE, KLTR, PATH
Q1 2026 4$99.4MNTSK, BRZE, KLTR, PATH
Q4 2025 4$74.3MBRZE, KLTR, PATH, ONTF
Q3 2025 6$84.6MBRZE, AVDX, KLTR, CRWV, PATH
Q2 2025 6$90.5MBRZE, AVDX, KLTR, CRWV, PATH
Q1 2025 5$105.1MBRZE, AVDX, KLTR, PATH, ONTF
Q4 2024 6$124.7MBRZE, AVDX, KLTR, PATH, 23ANDME HOLDING CO
Q3 2024 6$95.8MBRZE, AVDX, KLTR, PATH, 23ANDME HOLDING CO
Q2 2024 6$117.5MBRZE, AVDX, KLTR, PATH, 23ANDME HOLDING CO
Q1 2024 6$134.3MBRZE, AVDX, KLTR, PATH, 23ANDME HOLDING CO