# Sands Capital Horizons, LLC

> Sands Capital Horizons, LLC is an SEC-registered investment advisory firm in Arlington, VA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 25, 2026.

- CRD: 335568
- Filed as: SANDS CAPITAL HORIZONS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Arlington, VA
- Filing period: October 2026
- Form ADV filing dated: August 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/335568
- AdvisorCensus page: https://advisorcensus.com/firm/sands-capital-horizons-llc-arlington-va-335568

## Quick answers

**How is Sands Capital Horizons, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Sands Capital Horizons, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Sands Capital Horizons, LLC located?**
Sands Capital Horizons, LLC's principal office is in Arlington, VA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Sands Capital Horizons, LLC registered with the SEC or a state?**
Sands Capital Horizons, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335568.

**How much does Sands Capital Horizons, LLC manage?**
Sands Capital Horizons, LLC reports $466,939,172 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (3% discretionary).

**How have Sands Capital Horizons, LLC's assets and staff changed since 2025?**
In the Form ADV data for Sands Capital Horizons, LLC: Regulatory assets under management: $428,005,403 in the October 2025 data and $466,939,172 in the October 2026 data, up 9%. Total employees: 2 in October 2025 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sands Capital Horizons, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Sands Capital Horizons, LLC use?**
Sands Capital Horizons, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon Corporation as a custodian holding 10% or more of its separately managed account assets.

**Does Sands Capital Horizons, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/335568

**Does Sands Capital Horizons, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated August 25, 2026 says: "Horizons generally imposes a minimum portfolio size of USD 100,000,000 for Advisory Clients, but may, in its sole discretion, lower or waive the minimum requirement."

**What changed in Sands Capital Horizons, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 4. Added an office in Fitzrovia London. Registered or notice-filed in DE.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated August 25, 2026)

- Account minimum: $100,000,000 (the brochure says it may be waived or negotiated)

> Horizons generally imposes a minimum portfolio size of USD 100,000,000 for Advisory Clients, but may, in its sole discretion, lower or waive the minimum requirement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- The Bank of New York Mellon Corporation

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $466,939,172
- Discretionary: $15,644,790
- Non-discretionary: $451,294,382

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | Fewer than 5 | $443,084,053 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $15,057,400 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | Fewer than 5 | $8,797,719 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Charlottesville, VA
- Fitzrovia London

### Websites listed on Form ADV (Item 1.I)
- sandscapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $428,005,403 | 2 | July 28, 2025 |
| October 2026 | $466,939,172 | 4 | August 25, 2026 |

Regulatory assets under management: $428,005,403 in the October 2025 data and $466,939,172 in the October 2026 data, up 9%.
Total employees: 2 in October 2025 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 4.
- Added an office in Fitzrovia London.
- Registered or notice-filed in DE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sands Capital Horizons, LLC (CRD 335568): Form ADV filing data as of October 2026.