Sands Capital Alternatives, LLC
•CIK: 1846444•Filing: Q4 2025
**Sands Capital Ventures, LLC** manages $518M across a concentrated portfolio of 20 positions. The fund exhibits significant conviction in key technology and financial names, with top holdings including KVYO at $118.5M and AIG at $114.9M. Further substantial allocations are maintained in BBNX ($108.8M) and IKT ($26.7M). This structure suggests a highly focused, large-cap tilt within its current investment mandate.
Total AUM
$518.5M
QoQ Performance
+13.6%
Positions
20
Top 10 Concentration
88.8%
Latest Filing
Q4 2025
Top Holdings Allocation
KVYO
NU
BBNX
IKT
KVYO22.9%
NU22.2%
BBNX21.0%
IKT5.1%
DASH4.2%
CPNG4.0%
IOT3.2%
DDOG2.3%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other100.0%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW1 new position
↑6 increased
↓5 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022