DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Fund

Sands Capital Coll Investment Trust

collective trust (Form 5500 Schedule D)

A direct filing entity on Form 5500. Each row is a plan’s interest in the vehicle at its plan year end as filed on Schedule D Part I, a holding value and never a commitment amount; the sponsor printed on the schedule is the manager when a node carries its EIN.

Public LPs

distinct allocators on the tape

Rows

across successive reports

Held, latest filings

$409M

one row per plan

Latest

Dec 31, 2025

effective date

Plans holding an interest

6 allocators

One line per allocator, folded across every filing, report and board record that names this vehicle, so an allocator that reported the same commitment in eight annual filings counts once. A line is closed only when a closing date exists; held means the allocator reports the position with no closing date on this graph. The dollars are what the allocators that print a number disclosed (0 of 6), never a fund size.

Allocator	Disclosed	State	Approved	Closed	Reported
Atmos Energy Corporation Pension Account Plan	n/a	held	-	-	Dec 31, 2023
Hsbc - North America (U.S.) Pension Plan	n/a	held	-	-	Dec 31, 2022
Intermountain Healthcare Pension Plan	n/a	held	-	-	Dec 31, 2024
Navy Federal Credit Union Employees' Retirement Plan	n/a	held	-	-	Dec 31, 2025
Southern Farm Bureau Life Insurance Company Retirement Plan	n/a	held	-	-	Jun 30, 2025
Unum Group Pension Plan	n/a	held	-	-	Dec 31, 2024

Every row

14 rows

Date	Allocator	Fund	Bucket	Amount	Status	Source
as of Dec 31, 2025	Navy Federal Credit Union Employees' Retirement Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$270M held	Disclosed holding	askebsa.dol.gov
as of Jun 30, 2025	Southern Farm Bureau Life Insurance Company Retirement Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$6.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Navy Federal Credit Union Employees' Retirement Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$220M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Unum Group Pension Plan	Sands Capital Coll Investment Trust103 12 ie	Pooled vehicles	$53.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Intermountain Healthcare Pension Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$17.8M held	Disclosed holding	askebsa.dol.gov
as of Jun 30, 2024	Southern Farm Bureau Life Insurance Company Retirement Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$5.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Intermountain Healthcare Pension Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$17.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Unum Group Pension Plan	Sands Capital Coll Investment Trust103 12 ie	Pooled vehicles	$55.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Atmos Energy Corporation Pension Account Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$20.9M held	Disclosed holding	askebsa.dol.gov
as of Jun 30, 2023	Southern Farm Bureau Life Insurance Company Retirement Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$11.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Hsbc - North America (U.S.) Pension Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$40.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Intermountain Healthcare Pension Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$25.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Atmos Energy Corporation Pension Account Plan	Sands Capital Coll Investment Trustcollective trust	Pooled vehicles	$18.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Unum Group Pension Plan	Sands Capital Coll Investment Trust103 12 ie	Pooled vehicles	$58.0M held	Disclosed holding	askebsa.dol.gov

What changed

Dec 31, 2024Holding startedNavy Federal Credit Union Employees' Retirement Plan
Navy Federal Credit Union Employees' Retirement Plan first reports an interest in Sands Capital Coll Investment Trust: $220M at 2024-12-31
with Sands Capital Coll Investment Trustaskebsa.dol.gov
Dec 31, 2024Holding endedinferenceAtmos Energy Corporation Pension Account Plan
Atmos Energy Corporation Pension Account Plan no longer reports Sands Capital Coll Investment Trust (last held $21M at 2023-12-31; absent from the 2024-12-31 filing)
with Sands Capital Coll Investment Trustaskebsa.dol.gov
Dec 31, 2023Holding endedinferenceHsbc - North America (U.S.) Pension Plan
Hsbc - North America (U.S.) Pension Plan no longer reports Sands Capital Coll Investment Trust (last held $41M at 2022-12-31; absent from the 2023-12-31 filing)
with Sands Capital Coll Investment Trustaskebsa.dol.gov