Sands Capital Ventures, LLC logo

Sands Capital Ventures, LLC

Venture Capital

Sands Capital Ventures, LLC is a Venture Capital based in Arlington, VA led by Ian W Ratcliffe, reporting $3.2B in AUM as of Q3 2025 with 37% Technology concentration, 90% concentrated in top 10 holdings, and 25% allocation to NU.

Managing PartnerIan W Ratcliffe
Portfolio Value
$456.4M
Positions
20
Top Holding
NU at 25.17%
Last Reported
Q3 2025
Address1000 Wilson Boulevard, Suite 3000, Arlington, VA, 22209, United States

Top Holdings

Largest long holdings in Sands Capital Ventures, LLC's portfolio (90.2% of total portfolio)

See all holdings
HoldingSectorPositionWeightTradedOwnership
Banks - Diversified
Financial Services
$114.9M
25.17%
0.15%
7.2M shares
2
Klaviyo logo
Software - Infrastructure
Technology
$97.3M
21.33%
1.17%
3.5M shares
Unknown
Unknown
$70.9M
15.54%
8.21%
3.6M shares
4
Coupang logo
Specialty Retail
Consumer Cyclical
$25.6M
5.61%
-$1.7M
Sold
0.04%
795.0K shares
Internet Content & Information
Communication Services
$24.5M
5.37%
-$79.2M
Sold
0.02%
90.1K shares
Software - Infrastructure
Technology
$22.3M
4.89%
+$6.0M
Bought
0.10%
598.9K shares
Biotechnology
Healthcare
$17.7M
3.89%
14.69%
11.0M shares
Software - Application
Technology
$16.9M
3.70%
0.03%
118.7K shares
Software - Application
Technology
$11.3M
2.48%
0.11%
58.3K shares
Biotechnology
Healthcare
$10.1M
2.21%
0.40%
170.0K shares

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Sands Capital Ventures, LLC's latest filing

See all changes
Market Value
$456.4M
Prior: $507.8M
Q/Q Change
-10.12%
-$51.4M
Net Flows % of MV
-16.21%
Turnover Ratio
9.62%
New Purchases
1 stocks
$948.5K
Added To
1 stocks
+$6.0M
Sold Out Of
0 stocks
-
Reduced Holdings
2 stocks
-$80.9M

Increased Positions

PositionShares Δ
1
Figma
 logo
New
+36.59%

Decreased Positions

PositionShares Δ
-76.35%
2
Coupang logo
-6.36%

Analytics

Portfolio insights and performance metrics for Sands Capital Ventures, LLC

View analytics

Sector Allocation

Technology: 36.90%TechnologyFinancial Services: 25.20%Financial ServicesHealthcare: 10.40%HealthcareConsumer Cyclical: 5.60%Communication Services: 5.40%
Technology
36.90%
Financial Services
25.20%
Healthcare
10.40%
Consumer Cyclical
5.60%
Communication Services
5.40%

Market Cap Distribution

Large Cap ($10B - $200B): 49.21%Large Cap ($10B - $200B)Mid Cap ($2B - $10B): 26.01%Mid Cap ($2B - $10B)Small Cap ($300M - $2B): 17.30%Small Cap ($300M - $2B)Micro Cap ($50M - $300M): 7.48%
Large Cap ($10B - $200B)
49.21%
Mid Cap ($2B - $10B)
26.01%
Small Cap ($300M - $2B)
17.30%
Micro Cap ($50M - $300M)
7.48%

Portfolio Concentration

Top 10 Holdings %
90.19%
Top 20 Holdings %
100.0%
Top 50 Holdings %
100.0%
Top 100 Holdings %
100.0%

Cookie Preferences

We use cookies for analytics. See our Privacy and Cookie Policy.