SAPPHIRE VENTURES, L.P. — 13F Holdings & Portfolio

CIK 1697665 · latest 13F-HR filed 2026-08-14

SAPPHIRE VENTURES, L.P. manages $103.8M in 13F-reported U.S. long-equity assets across 4 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NTSK (53.10%), BRZE (34.81%), KLTR (9.99%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 0; 2 existing positions rose in reported value and 1 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$103.8M

Long-equity book

Holdings
4

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+0 / −0 / ↑2 / ↓1

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

6 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 100%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 30, 2026.

Assets Under Management
$10.44B
Discretionary
$10.44B
Employees
72
Accounts
18
Address
801 W. 5TH ST.
STE 100
AUSTIN, TX 78703
Phone
(650) 382-1110
Name Title / Status Ownership Type
DAS, JAYENDRA, [NMN] ControlPARTNER, PRESIDENT
since Jan 2019
Less than 5%Individual
HOHLMAN, CRISTINA, MARIE ControlCHIEF FINANCIAL OFFICER, PARTNER
since Oct 2021
Less than 5%Individual
JOHNSON, ABIGAIL, CATHERINE ControlPARTNER, CHIEF OPERATING OFFICER
since Jan 2020
Less than 5%Individual
MARAKOVIC, NINO, NIKOLA ControlMANAGING MEMBER, PARTNER, CHIEF EXECUTIVE OFFICER
since Aug 2010
Less than 5%Individual
SEVERO, ROBERT, F. ControlCHIEF COMPLIANCE OFFICER, PARTNER
since Jan 2019
Less than 5%Individual
THE MARAKOVIC FAMILY TRUST DATED OCTOBER 26, 2010, AS RESTATED NOVEMBER 2, 2024 ControlMANAGING MEMBER
since Jun 2026
75% or moreDomestic Entity
MARAKOVIC, NINO, NIKOLA Control
Indirect owner via THE MARAKOVIC FAMILY TRUST DATED OCTOBER 26, 2010, AS RESTATED NOVEMBER 2, 2024
TRUSTEE
since Jun 2026
75% or moreIndividual
MARAKOVIC, ALLISON, MCCLOSKEY
Indirect owner via THE MARAKOVIC FAMILY TRUST DATED OCTOBER 26, 2010, AS RESTATED NOVEMBER 2, 2024
TRUSTEE
since Jun 2026
General partner, trustee or managerIndividual
Ownership & leadership changes · 13 filings with changes since Mar 15, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Jul 1, 2026 filing
  • AddedMARAKOVIC, ALLISON, MCCLOSKEY · TRUSTEE · General partner, trustee or manager · indirect via THE MARAKOVIC FAMILY TRUST DATED OCTOBER 26, 2010, AS RESTATED NOVEMBER 2, 2024
  • AddedMARAKOVIC, NINO, NIKOLA · TRUSTEE · 75% or more · indirect via THE MARAKOVIC FAMILY TRUST DATED OCTOBER 26, 2010, AS RESTATED NOVEMBER 2, 2024 · control person
  • AddedTHE MARAKOVIC FAMILY TRUST DATED OCTOBER 26, 2010, AS RESTATED NOVEMBER 2, 2024 · MANAGING MEMBER · 75% or more · control person
  • ChangedHOHLMAN, CRISTINA, MARIE · title CHIEF FINANCIAL OFFICER → CHIEF FINANCIAL OFFICER, PARTNER
  • ChangedMARAKOVIC, NINO, NIKOLA · ownership 75% or more → Less than 5%
Mar 29, 2024 filing
  • ChangedSEVERO, ROBERT, F. · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER, PARTNER
Mar 30, 2022 filing
  • No longer listedMATUSICH, ANTHONY, MARK · CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Apr 2013
  • AddedHOHLMAN, CRISTINA, MARIE · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Mar 31, 2021 filing
  • ChangedDAS, JAYENDRA, [NMN] · title MANAGING DIRECTOR, PRESIDENT → PARTNER, PRESIDENT
  • ChangedJOHNSON, ABIGAIL, CATHERINE · title MANAGING DIRECTOR, CHIEF OPERATING OFFICER → PARTNER, CHIEF OPERATING OFFICER
  • ChangedMARAKOVIC, NINO, NIKOLA · title MANAGING MEMBER, MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER → MANAGING MEMBER, PARTNER, CHIEF EXECUTIVE OFFICER
Mar 30, 2020 filing
  • No longer listedABBOTT, STEVEN, DWIGHT · MANAGING MEMBER AND CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jan 2015
  • No longer listedBRANITZKY, AVIRAM, [NMN] · MANAGING MEMBER · Less than 5% · control person · listed since Feb 2014
  • No longer listedCLARKSON, ELIZABETH, A E · MANAGING DIRECTOR · Less than 5% · control person · listed since Jun 2012
  • No longer listedHARTWIG, DAVID, ARMIN · MANAGING DIRECTOR · Less than 5% · control person · listed since Jan 2011
  • No longer listedHIGGINS, RICHARD, DOUGLAS · MANAGING DIRECTOR · Less than 5% · control person · listed since Jan 2011
  • No longer listedWEISKAM, ANDREAS, MARKUS · MANAGING DIRECTOR · Less than 5% · control person · listed since Jan 2011
  • AddedJOHNSON, ABIGAIL, CATHERINE · MANAGING DIRECTOR, CHIEF OPERATING OFFICER · Less than 5% · control person
  • ChangedDAS, JAYENDRA, [NMN] · title MANAGING DIRECTOR → MANAGING DIRECTOR, PRESIDENT
  • ChangedMARAKOVIC, NINO, NIKOLA · title MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, MANAGING DIRECTOR → MANAGING MEMBER, MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER
Jan 15, 2019 filing
  • No longer listedTRIPP, JASON, LYNN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Sep 2017
  • AddedSEVERO, ROBERT, F. · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Sep 29, 2017 filing
  • AddedTRIPP, JASON, LYNN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedMATUSICH, ANTHONY, MARK · title CHIEF FINANCIAL OFFICER AND CHIEF COMPLIANCE OFFICER → CHIEF FINANCIAL OFFICER
Mar 29, 2016 filing
  • AddedABBOTT, STEVEN, DWIGHT · MANAGING MEMBER AND CHIEF OPERATING OFFICER · Less than 5% · control person
  • AddedBRANITZKY, AVIRAM, [NMN] · MANAGING MEMBER · Less than 5% · control person
  • ChangedCLARKSON, ELIZABETH, A E · title MANAGING DIRECTOR AND CHIEF OPERATING OFFICER → MANAGING DIRECTOR
Mar 31, 2015 filing
  • No longer listedTEWARI, GAURAV, [NMN] · DIRECTOR · Less than 5% · control person · listed since Oct 2011
May 2, 2013 filing
  • AddedMATUSICH, ANTHONY, MARK · CHIEF FINANCIAL OFFICER AND CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedMARAKOVIC, NINO, NIKOLA · title MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, MANAGING DIRECTOR → MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, MANAGING DIRECTOR
Older changes (4 more filings)
Apr 1, 2013 filing
  • AddedCLARKSON, ELIZABETH, A E · MANAGING DIRECTOR AND CHIEF OPERATING OFFICER · Less than 5% · control person
Jun 8, 2012 filing
  • ChangedMARAKOVIC, NINO, NIKOLA · title CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER → MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, MANAGING DIRECTOR
May 29, 2012 filing
  • AddedDAS, JAYENDRA, [NMN] · MANAGING DIRECTOR · Less than 5% · control person
  • AddedHARTWIG, DAVID, ARMIN · MANAGING DIRECTOR · Less than 5% · control person
  • AddedHIGGINS, RICHARD, DOUGLAS · MANAGING DIRECTOR · Less than 5% · control person
  • AddedTEWARI, GAURAV, [NMN] · DIRECTOR · Less than 5% · control person
  • AddedWEISKAM, ANDREAS, MARKUS · MANAGING DIRECTOR · Less than 5% · control person
  • ChangedMARAKOVIC, NINO, NIKOLA · title LLC MEMBER → CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER
Mar 15, 2012 filing (earliest on record)
  • ListedMARAKOVIC, NINO, NIKOLA · LLC MEMBER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 2 →

Top Trims

Show all 1 →

New Positions

  • No new positions this quarter.
Show all 0 →

Exited Positions

  • No exits this quarter.
Show all 0 →

SAPPHIRE VENTURES, L.P. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 NETSKOPE INC NTSK 64119N608 $55.1M 53.10% 5,038,679 SH
2 BRAZE INC BRZE 10576N102 $36.1M 34.81% 1,665,798 SH
3 KALTURA INC KLTR 483467106 $10.4M 9.99% 7,980,295 SH
4 UIPATH INC PATH 90364P105 $2.2M 2.09% 200,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $103.8M 4 0001172661-26-003451
2026-03-31 2026-05-12 $99.4M 4 0001172661-26-001667
2025-12-31 2026-02-11 $74.3M 4 0001172661-26-000609
2025-09-30 2025-11-13 $84.6M 6 0001172661-25-004749
2024-09-30 2024-11-04 $95.8M 7 0001172661-24-004453
2024-06-30 2024-08-09 $117.5M 7 0001172661-24-003177
Filer Information
Address
801 W. 5TH STREET
STE 100
AUSTIN, TX 78703
Phone
(650) 849-3958
Filing Manager
SAPPHIRE VENTURES, L.P.
Austin, TX
Signatory
Robert Severo
CCO