Ricky Sandler Eminence Capital
Ricky Sandler is the founder of Eminence Capital, a fundamental long/short equity firm. Eminence is known for research-driven positions across sectors and for an active approach to portfolio construction rather than passive cloning of indexes. Sandler’s firm is frequently listed among notable fundamental hedge funds followed through 13F disclosures.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
GNC
GNC Holdings, Inc.
GNC
|
+$154M |
| 2 |
Apple
AAPL
|
+$105M |
| 3 |
McDonald's
MCD
|
+$103M |
| 4 |
Outfront Media
OUT
|
+$97.3M |
| 5 |
Cognizant
CTSH
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NOV
NOV
|
+$156M |
| 2 |
Dollar General
DG
|
+$85.2M |
| 3 |
Ralph Lauren
RL
|
+$81.6M |
| 4 |
WOOF
VCA Inc.
WOOF
|
+$69.7M |
| 5 |
Cadence Design Systems
CDNS
|
+$67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 27.79% |
| 2 | Technology | 16.45% |
| 3 | Communication Services | 9.59% |
| 4 | Healthcare | 8.41% |
| 5 | Financials | 7.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OPLN
26
Openlane
OPLN
$4.08B
| $107M | 1.57% |
9,903,944
-4,528,869
| -31% | -$51.8M |
|
|
ZNGA
27
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $103M | 1.51% |
38,146,089
+11,614,616
| +44% | +$34.8M |
|
|
28
McDonald's
MCD
$192B
| $102M | 1.49% |
+1,076,598
| New | +$103M |
|
29
Charter Communications
CHTR
$17.9B
| $102M | 1.49% |
673,778
-98,783
| -13% | -$15.7M |
|
30
Copart
CPRT
$31.3B
| $94.6M | 1.38% |
24,157,240
+8,063,112
| +50% | +$34.4M |
|
31
Baidu
BIDU
$31.6B
| $94M | 1.38% |
430,805
-2,609
| -0.6% | -$552K |
|
|
MON
32
DELISTED
Monsanto Co
MON
| $89.1M | 1.3% |
791,649
+143,071
| +22% | +$16.7M |
|
33
Franklin Templeton
BEN
$17.4B
| $85.5M | 1.25% |
1,566,384
-9,547
| -0.6% | -$535K |
|
34
Sonic Automotive
SAH
$2.45B
| $85.1M | 1.25% |
3,470,818
+560,518
| +19% | +$14M |
|
35
Carnival Corporation Ltd
CCL
$35.2B
| $84.2M | 1.23% |
2,095,919
+149,333
| +8% | +$5.66M |
|
36
Bausch Health
BHC
$2.41B
| $83.7M | 1.23% |
638,212
-115,004
| -15% | -$13.7M |
|
37
AutoNation
AN
$6.6B
| $83.6M | 1.22% |
1,662,323
+238,481
| +17% | +$13.1M |
|
|
AGN
38
DELISTED
Allergan Inc
AGN
| $83M | 1.22% |
465,801
-2,854
| -0.6% | -$474K |
|
|
FISV
39
Fiserv Inc
FISV
$28B
| $82.7M | 1.21% |
2,558,338
-15,628
| -0.6% | -$494K |
|
40
FedEx
FDX
$76.9B
| $82.2M | 1.2% |
509,107
-43,537
| -8% | -$6.61M |
|
41
Alphabet (Google) Class C
GOOG
$4.18T
| $80.5M | 1.18% |
2,769,062
-16,846
| -0.6% | -$487K |
|
42
PVH
PVH
$3.62B
| $78.6M | 1.15% |
648,437
-20,483
| -3% | -$2.4M |
|
|
SIRO
43
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $77.4M | 1.13% |
1,009,767
-6,163
| -0.6% | -$495K |
|
|
44
Cognizant
CTSH
$27.9B
| $77M | 1.13% |
+1,720,000
| New | +$80.9M |
|
|
45
Cadence Design Systems
CDNS
$87.9B
| $76.4M | 1.12% |
4,439,135
-3,862,042
| -47% | -$67M |
|
|
ANN
46
DELISTED
ANN INC
ANN
| $75.8M | 1.11% |
1,842,000
+546,884
| +42% | +$21.6M |
|
47
Urban Outfitters
URBN
$6.36B
| $75M | 1.1% |
2,043,854
-277,453
| -12% | -$10.2M |
|
48
RTX Corp
RTX
$283B
| $74.5M | 1.09% |
1,120,663
+109,141
| +11% | +$7.48M |
|
49
Zimmer Biomet
ZBH
$19.3B
| $74.4M | 1.09% |
+762,200
| New | +$75M |
|
|
SNI
50
CALL
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $73.9M | 1.08% |
+946,000
| New | +$76.2M |
|
Similar funds
Ricky Sandler's Q3 2014 Portfolio in Review
As of Q3 2014, Ricky Sandler held 76 positions worth $6.83B, up 13% from $6.05B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ricky Sandler deployed $959M of net new capital in Q3 2014, opening 19 new positions and adding to 23 existing holdings. Its largest new stake was GNC Holdings, Inc.: 4,230,725 shares worth $164M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 28% of assets, down from 33% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was NOV, an estimated $156M trimmed.
- Ricky Sandler's largest Q3 2014 buy was GNC Holdings, Inc.: 4,230,725 shares worth $164M.
- Ricky Sandler added most to Outfront Media in Q3 2014, an estimated $97.3M increase.
- Ricky Sandler's biggest Q3 2014 reduction was NOV, cutting an estimated $156M.
- Ricky Sandler fully exited Ralph Lauren in Q3 2014, selling an estimated $81.6M.
- Ricky Sandler's ten largest holdings make up 31% of its $6.83B portfolio in Q3 2014.
- Ricky Sandler opened 19 new positions and closed 7 in Q3 2014.
- Ricky Sandler's portfolio value rose 13% quarter-over-quarter to $6.83B.
Based on Eminence Capital's 13F filing for Q3 2014, filed 14 Nov 2014.