Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| ALMRAlamar Biosciences Inc | $114.6M | 18.7% | New |
| Nu Hldgs LtdCUSIP G6683N103 | $94.8M | 15.4% | +8.5% |
| KVYOKlaviyo Inc | $59.3M | 9.7% | +7.6% |
| BBNXBeta Bionics Inc | $58.1M | 9.5% | |
| SGPSpyglass Pharma Inc | $55.7M | 9.1% | |
| IKTInhibikase Therapeutics Inc | $26.4M | 4.3% | |
| DASHDoordash Inc | $23.5M | 3.8% | +14.7% |
| CPNGCoupang Inc | $23.1M | 3.8% | +31.3% |
| DDOGDatadog Inc | $21.1M | 3.4% | −5.8% |
| BIOABioage Labs Inc | $19.3M | 3.1% | |
| TXG10x Genomics Inc | $18.5M | 3.0% | |
| IOTSamsara Inc | $16.7M | 2.7% | −8.0% |
| ODTXOdyssey Therapeutics Inc | $16.4M | 2.7% | New |
| TOSTToast Inc | $10.2M | 1.7% | +21.0% |
| ABOSAcumen Pharmaceuticals Inc | $9.9M | 1.6% | |
| TTANServicetitan Inc | $7.7M | 1.3% | +20.8% |
| CBRSCerebras Systems Inc | $7.3M | 1.2% | New |
| SNOWSnowflake Inc | $6.2M | 1.0% | +21.0% |
| Monday Com LtdCUSIP M7S64H106 | $5.9M | 1.0% | +20.8% |
| TARSTarsus Pharmaceuticals Inc | $5.3M | 0.9% | |
| TSHATaysha Gene Therapies Inc | $4.9M | 0.8% | |
| CADLCandel Therapeutics Inc | $4.2M | 0.7% | |
| ACRVAcrivon Therapeutics Inc | $4.1M | 0.7% | +7.9% |
| FIGFigma Inc | $401K | 0.1% | +21.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| DDOGDatadog Inc | December 31, 2022 | +254.2% | $21.1M |
| TARSTarsus Pharmaceuticals Inc | September 30, 2021 | +192.1% | $5.3M |
| TOSTToast Inc | December 31, 2022 | +54.3% | $10.2M |
| Nu Hldgs LtdCUSIP G6683N103 | December 31, 2021 | +42.4% | $94.8M |
| CPNGCoupang Inc | December 31, 2022 | +18.1% | $23.1M |
| IOTSamsara Inc | December 31, 2021 | +15.4% | $16.7M |
| DASHDoordash Inc | September 30, 2021 | −10.4% | $23.5M |
| SGPSpyglass Pharma Inc | March 31, 2026 | −14.1% | $55.7M |
| TXG10x Genomics Inc | June 30, 2022 | −15.3% | $18.5M |
| SNOWSnowflake Inc | September 30, 2021 | −15.8% | $6.2M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.4% | +14.8% |
| December 31, 2025 | +14.1% | +2.4% |
| September 30, 2025 | +4.4% | +7.8% |
| June 30, 2025 | +21.2% | +10.5% |
| March 31, 2025 | −15.4% | −4.6% |
| December 31, 2024 | +3.8% | +2.1% |
| September 30, 2024 | +20.0% | +5.4% |
| June 30, 2024 | −13.7% | +4.0% |
| March 31, 2024 | +13.7% | +10.0% |
| December 31, 2023 | +34.0% | +11.2% |
| September 30, 2023 | −8.7% | −3.6% |
| June 30, 2023 | +26.6% | +8.3% |
| March 31, 2023 | +10.4% | +7.0% |
| December 31, 2022 | +5.3% | +7.1% |
| September 30, 2022 | +10.3% | −5.3% |
| June 30, 2022 | −26.5% | −16.5% |
| March 31, 2022 | −31.3% | −4.9% |
| December 31, 2021 | −18.2% | +10.7% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Sands Capital Alternatives, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1846444&type=13F-HR&dateb=&owner=include&count=40CIK 1846444
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1846444/000184644426000009/Filed August 13, 2026 · accession 0001846444-26-000009