Arkolith/Funds/Sands Capital Alternatives, LLC

Sands Capital Alternatives, LLC

CIK 1846444Hedge fund
Holdings as of Jun 30, 2026·disclosed Aug 13, 2026·~44-day 13F lag·13F-HR
Active Filer

Sands Capital Alternatives, LLC holds a concentrated book of 24 stocks worth $613.5M as of Q2 2026 (disclosed Aug 13, 2026, a ~44-day 13F lag). This quarter they opened Alamar Biosciences Inc and trimmed Datadog Inc - Class A. Their largest long position is Alamar Biosciences Inc at 19% of the equity book. Cloning the disclosed picks since 2021 would be -51% (-13.7%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
3
bought for the first time
Added to
10
already held, bought more
Trimmed
2
sold some, still holds it
Sold out
0
exited the position entirely
nothing exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
-50.9%
-13.7%/yr · since Nov '21
Their reported book
-20.8%
held from quarter-end
S&P 500
+74.5%
same window
$3K$6K$10K$14K$18KNov '21Oct '22Oct '23Sep '24Sep '25Aug '26
Sands Capital Alternatives, LLC (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned -20.8%, a 30.1-point gap that is the cost of the ~44-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Sands Capital Alternatives, LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~44 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: concentrated book

Top 5 holdings
62%
Top 10 holdings
81%
Top 20 holdings
98%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

97% mapped to company sectors

Health Care
52%
Information Technology
22%
Financials
15%
Industrials
4%
Consumer Discretionary
4%
ETF / fund or unclassified
3%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Sands Capital Alternatives, LLC

Manager / fundShared namesTheir $ in those
GEODE CAPITAL MANAGEMENT, LLC24 / 24$7.7B
BlackRock, Inc.21 / 24$20.9B
STATE STREET CORP21 / 24$11.7B
VANGUARD CAPITAL MANAGEMENT LLC21 / 24$10.5B
MORGAN STANLEY21 / 24$8.2B
JPMORGAN CHASE & CO21 / 24$6.1B
GOLDMAN SACHS GROUP INC21 / 24$3.3B
BANK OF AMERICA CORP /DE/21 / 24$2.6B

Ranked by how many of Sands Capital Alternatives, LLC's top 24 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

24 positions
#SecurityValueShares% PortLast moveHistory
1Alamar Biosciences Inc
COMMON STOCK
$114.6M4.23M
18.7%
New
New position
2Nu Hldgs Ltd
ORD SHS CL A
$94.8M7.09M
15.4%
+8.5%
Added · +557K sh
3Klaviyo Inc
COM SER A
$59.3M3.93M
9.7%
+7.6%
Added · +278K sh
4Beta Bionics Inc
COM
$58.1M3.71M
9.5%
Held
5Spyglass Pharma Inc
COM SHS
$55.7M2.50M
9.1%
Held
6Inhibikase Therapeutics Inc
COM NEW
$26.4M13.02M
4.3%
Held
7Doordash Inc
CL A
$23.5M127.6K
3.8%
+15%
Added · +16K sh
8Coupang Inc
CL A
$23.1M1.33M
3.8%
+31%
Added · +317K sh
9Datadog Inc
CL A COM
$21.1M80.9K
3.4%
−5.8%
Reduced · −5K sh
10Bioage Labs Inc
COM
$19.3M786.4K
3.1%
Held
1110X Genomics Inc
CL A COM
$18.5M481.8K
3.0%
Held
12Samsara Inc
COM CL A
$16.7M515.7K
2.7%
−8.0%
Reduced · −45K sh
13Odyssey Therapeutics Inc
COMMON STOCK
$16.4M875.0K
2.7%
New
New position
14Toast Inc
CL A
$10.2M364.9K
1.7%
+21%
Added · +63K sh
15Acumen Pharmaceuticals Inc
COM
$9.9M3.72M
1.6%
Held
16Servicetitan Inc
SHS CL A
$7.7M108.5K
1.3%
+21%
Added · +19K sh
17Cerebras Systems Inc
COM CL A
$7.3M32.8K
1.2%
New
New position
18Snowflake Inc
COM SHS
$6.2M24.5K
1.0%
+21%
Added · +4K sh
19Monday Com Ltd
SHS
$5.9M82.0K
1.0%
+21%
Added · +14K sh
20Tarsus Pharmaceuticals Inc
COM
$5.3M85.0K
0.9%
Held
21Taysha Gene Therapies Inc
COM SHS
$4.9M724.9K
0.8%
Held
22Candel Therapeutics Inc
COM
$4.2M405.8K
0.7%
Held
23Acrivon Therapeutics Inc
COMMON STOCK
$4.1M2.29M
0.7%
+7.8%
Added · +167K sh
24Figma Inc
CLASS A COM STK
$401K22.2K
0.1%
+21%
Added · +4K sh
Showing all 24 positions
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Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 13, 202624$613.5M13F-HR
Q1 2026Mar 31, 2026May 8, 202621$421.2M13F-HR
Q4 2025Dec 31, 2025Feb 13, 202620$518.5M13F-HR
Q3 2025Sep 30, 2025Nov 13, 202520$456.4M13F-HR
Q2 2025Jun 30, 2025Aug 13, 202519$507.8M13F-HR
Q1 2025Mar 31, 2025May 14, 202520$408.9M13F-HR
Q4 2024Dec 31, 2024Feb 13, 202521$459.7M13F-HR
Q3 2024Sep 30, 2024Nov 13, 202420$355.8M13F-HR
Q2 2024Jun 30, 2024Aug 13, 202420$298.6M13F-HR
Q1 2024Mar 31, 2024May 14, 202420$414.7M13F-HR
Q4 2023Dec 31, 2023Feb 13, 202421$359.5M13F-HR
Q3 2023Sep 30, 2023Nov 14, 202323$338.0M13F-HR
Q2 2023Jun 30, 2023Aug 15, 202321$338.1M13F-HR
Q1 2023Mar 31, 2023May 12, 202323$404.6M13F-HR
Q4 2022Dec 31, 2022Feb 13, 202324$365.1M13F-HR
Q3 2022Sep 30, 2022Nov 9, 202218$344.1M13F-HR
Q2 2022Jun 30, 2022Aug 12, 202219$364.2M13F-HR
Q1 2022Mar 31, 2022May 13, 202218$478.7M13F-HR
Q4 2021Dec 31, 2021Jan 21, 202216$674.7M13F-HR
Q3 2021Sep 30, 2021Nov 12, 202113$663.2M13F-HR/A
Amended / restated
  • Q3 2021 · filed Nov 4, 202113F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.