— Know what they know.
Not Investment Advice
Private Equity ← All Institutions

Sands Capital Alternatives, LLC

1000 WILSON BOULEVARD, SUITE 3000, ARLINGTON, VA 22209 • 703-562-4000

Q2 2025 · Filed 2025-08-13
Market Value
$486M
+26.4%
Holdings
19
-1
New Purchases
0
Added To
10
Closed
1
Reduced
1
Top 10 Concentration
93.4%
Turnover
5.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DASH 19.32% 18.08% +1.24% $94M
NU 20.24% 19.06% +1.18% $98M
IOT 3.59% 2.52% +1.06% $17M
BBNX 10.69% 9.87% +0.82% $52M
MNDY 3.77% 3.15% +0.62% $18M
CPNG 5.23% 4.81% +0.42% $25M
DDOG 3.28% 3.04% +0.24% $16M
SNOW 1.24% 1.02% +0.22% $6M
CRWD 1.63% 1.43% +0.21% $8M
TSHA 0.34% 0.26% +0.08% $2M
TXG 1.15% 1.09% +0.05% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
KVYO 24.26% 27.07% -2.81% $118M
PATH 0.00% 1.06% -1.06% $0
TARS 1.42% 2.27% -0.85% $7M
ACRV 0.52% 1.12% -0.60% $3M
TOST 1.43% 1.81% -0.39% $7M
CADL 0.42% 0.60% -0.17% $2M
ABOS 0.81% 0.98% -0.16% $4M
BIOA 0.67% 0.77% -0.10% $3M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Healthcare 37.3%
Technology 30.2%
Financial Services 23.5%
Consumer Cyclical 4.8%
Communication Services 4.2%

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 8 $272M 55.9%
Mid Cap 5 $149M 30.6%
Small Cap 4 $59M 12.1%
Micro Cap 2 $6M 1.3%

Portfolio Analytics

Avg Market Cap
$27.5B
Median Market Cap
$4.5B
Avg P/E
36.1
Median P/E
31.8
Avg Dividend Yield
—%
Avg Beta
1.23
# Stocks
19
# ETFs / Funds
0

Top Holdings (19 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 KVYO 24.26% 3,515,065 $118M $33.58 $14M +71,550 +2.1%
2 NU 20.24% 7,175,434 $98M $13.72 $25M +11,079 +0.1%
3 DASH 19.32% 381,202 $94M $246.51 $24M +498 +0.1%
4 BBNX 10.69% 3,570,113 $52M $14.56 $14M +466,331 +15.0%
5 CPNG 5.23% 849,031 $25M $29.96 $7M +5,555 +0.7%
6 MNDY 3.77% 58,336 $18M $314.48 $6M +8,428 +16.9%
7 IOT 3.59% 438,485 $17M $39.78 $8M +185,053 +73.0%
8 DDOG 3.28% 118,707 $16M $134.33 $4M +777 +0.7%
9 CRWD 1.63% 15,615 $8M $509.31 $2M +55 +0.3%
10 TOST 1.43% 156,604 $7M $44.29 -$50K -54,007 -25.6%
11 TARS 1.42% 170,000 $7M $40.51 -$2M
12 SNOW 1.24% 27,005 $6M $223.77 $2M +177 +0.7%
13 TXG 1.15% 481,770 $6M $11.58 $1M
14 ABOS 0.81% 3,417,075 $4M $1.16 $205K
15 BIOA 0.67% 786,353 $3M $4.13 $291K
16 ACRV 0.52% 2,122,605 $3M $1.19 -$2M
17 CADL 0.42% 405,837 $2M $5.06 -$239K
18 TSHA 0.34% 724,873 $2M $2.31 $667K
19 PATH —% -$4M -395,855 -100.0% SOLD

Sold Out Positions

SymbolValue% Port
PATH —%
View SEC EDGAR Filings for Sands Capital Alternatives, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms