Sands Capital Alternatives, LLC Long-Term Concentrated

Location: Arlington, VA

CIK: 0001846444 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 8, 2026

Total Value: $421M (100.0% shares, 0.0% debt)

Holdings (21)

NU NU HLDGS LTD 22.3%

Value $93.95M Shares 6,537,769 Est. Cost $10.60 Unrealized +63.6%

KVYO KLAVIYO INC 16.9%

Value $71.02M Shares 3,649,678 Est. Cost $27.82 Unrealized -18.0%

SGP SPYGLASS PHARMA INC 15.4%

Value $64.78M Shares 2,500,012 Est. Cost $25.91 Unrealized —

BBNX BETA BIONICS INC 8.8%

Value $37.15M Shares 3,708,043 Est. Cost $18.02 Unrealized -5.1%

IKT INHIBIKASE THERAPEUTICS INC 5.2%

Value $21.87M Shares 13,018,965 Est. Cost $2.35 Unrealized -26.2%

CPNG COUPANG INC 4.5%

Value $19.11M Shares 1,012,091 Est. Cost $24.11 Unrealized -17.6%

IOT SAMSARA INC 4.2%

Value $17.76M Shares 560,287 Est. Cost $40.89 Unrealized -27.2%

DASH DOORDASH INC 4.0%

Value $16.7M Shares 111,231 Est. Cost $194.17 Unrealized +1.3%

BIOA BIOAGE LABS INC 3.3%

Value $13.75M Shares 786,353 Est. Cost $20.04 Unrealized -4.2%

TXG 10X GENOMICS INC 2.4%

Value $10.23M Shares 481,770 Est. Cost $51.88 Unrealized -61.7%

DDOG DATADOG INC 2.4%

Value $10.13M Shares 85,793 Est. Cost $134.86 Unrealized -8.1%

ABOS ACUMEN PHARMACEUTICALS INC 2.1%

Value $8.779M Shares 3,720,105 Est. Cost $15.47 Unrealized -85.3%

TOST TOAST INC 1.9%

Value $7.997M Shares 301,647 Est. Cost $35.42 Unrealized -12.4%

TARS TARSUS PHARMACEUTICALS INC 1.4%

Value $5.963M Shares 85,000 Est. Cost $24.75 Unrealized +181.6%

TTAN SERVICETITAN INC 1.4%

Value $5.702M Shares 89,856 Est. Cost $97.68 Unrealized -17.3%

MNDY MONDAY COM LTD 1.1%

Value $4.69M Shares 67,868 Est. Cost $261.62 Unrealized -58.2%

TSHA TAYSHA GENE THERAPIES INC 0.8%

Value $3.24M Shares 724,873 Est. Cost $19.01 Unrealized -75.0%

SNOW SNOWFLAKE INC 0.7%

Value $3.055M Shares 20,253 Est. Cost $284.41 Unrealized -31.6%

ACRV ACRIVON THERAPEUTICS INC 0.7%

Value $2.95M Shares 2,122,605 Est. Cost $11.67 Unrealized -84.2%

CADL CANDEL THERAPEUTICS INC 0.5%

Value $1.989M Shares 405,837 Est. Cost $8.29 Unrealized -30.8%

FIG FIGMA INC 0.1%

Value $387K Shares 18,286 Est. Cost $68.66 Unrealized -58.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NU	NU HLDGS LTD	6,537,769	$93.95M	22.3%	$10.60	+63.6%	ORD SHS CL A	G6683N103
KVYO	KLAVIYO INC	3,649,678	$71.02M	16.9%	$27.82	-18.0%	COM SER A	49845K101
SGP	SPYGLASS PHARMA INC	2,500,012	$64.78M	15.4%	$25.91	—	COM SHS	85220G109
BBNX	BETA BIONICS INC	3,708,043	$37.15M	8.8%	$18.02	-5.1%	COM	08659B102
IKT	INHIBIKASE THERAPEUTICS INC	13,018,965	$21.87M	5.2%	$2.35	-26.2%	COM NEW	45719W205
CPNG	COUPANG INC	1,012,091	$19.11M	4.5%	$24.11	-17.6%	CL A	22266T109
IOT	SAMSARA INC	560,287	$17.76M	4.2%	$40.89	-27.2%	COM CL A	79589L106
DASH	DOORDASH INC	111,231	$16.7M	4.0%	$194.17	+1.3%	CL A	25809K105
BIOA	BIOAGE LABS INC	786,353	$13.75M	3.3%	$20.04	-4.2%	COM	09077V100
TXG	10X GENOMICS INC	481,770	$10.23M	2.4%	$51.88	-61.7%	CL A COM	88025U109
DDOG	DATADOG INC	85,793	$10.13M	2.4%	$134.86	-8.1%	CL A COM	23804L103
ABOS	ACUMEN PHARMACEUTICALS INC	3,720,105	$8.779M	2.1%	$15.47	-85.3%	COM	00509G209
TOST	TOAST INC	301,647	$7.997M	1.9%	$35.42	-12.4%	CL A	888787108
TARS	TARSUS PHARMACEUTICALS INC	85,000	$5.963M	1.4%	$24.75	+181.6%	COM	87650L103
TTAN	SERVICETITAN INC	89,856	$5.702M	1.4%	$97.68	-17.3%	SHS CL A	81764X103
MNDY	MONDAY COM LTD	67,868	$4.69M	1.1%	$261.62	-58.2%	SHS	M7S64H106
TSHA	TAYSHA GENE THERAPIES INC	724,873	$3.24M	0.8%	$19.01	-75.0%	COM SHS	877619106
SNOW	SNOWFLAKE INC	20,253	$3.055M	0.7%	$284.41	-31.6%	COM SHS	833445109
ACRV	ACRIVON THERAPEUTICS INC	2,122,605	$2.95M	0.7%	$11.67	-84.2%	COMMON STOCK	004890109
CADL	CANDEL THERAPEUTICS INC	405,837	$1.989M	0.5%	$8.29	-30.8%	COM	137404109
FIG	FIGMA INC	18,286	$387K	0.1%	$68.66	-58.6%	CLASS A COM STK	316841105