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 |
NOV
NOV
|
+$173M |
| 2 |
FedEx
FDX
|
+$137M |
| 3 |
Qualcomm
QCOM
|
+$79.2M |
| 4 |
AutoNation
AN
|
+$67M |
| 5 |
Lennar Class A
LEN
|
+$63.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advance Auto Parts
AAP
|
+$118M |
| 2 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$63.1M |
| 3 |
Oracle
ORCL
|
+$60.6M |
| 4 |
Quest Diagnostics
DGX
|
+$58.5M |
| 5 |
State Street
STT
|
+$48.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.39% |
| 2 | Consumer Discretionary | 21.21% |
| 3 | Financials | 12.32% |
| 4 | Industrials | 11.51% |
| 5 | Communication Services | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Coca-Cola Europacific Partners
CCEP
$47.7B
| $13.9M | 0.31% |
344,957
-120,043
| -26% | -$4.57M |
|
52
Owens Corning
OC
$11.7B
| $11.8M | 0.26% |
+312,000
| New | +$12.2M |
|
53
Blackstone
BX
$108B
| – | – |
-263,050
| Closed | -$5.44M |
|
|
54
Quest Diagnostics
DGX
$27B
| – | – |
-965,488
| Closed | -$58.5M |
|
|
BRSL
55
Brightstar Lottery PLC
BRSL
$2.21B
| – | – |
-550,000
| Closed | -$9.19M |
|
56
CALL
NetApp
NTAP
$37.7B
| – | – |
-2,102,200
| Closed | -$79.4M |
|
|
57
Oracle
ORCL
$422B
| – | – |
-1,973,662
| Closed | -$60.6M |
|
|
58
State Street
STT
$51.4B
| – | – |
-738,194
| Closed | -$48.1M |
|
|
CBI
59
DELISTED
Chicago Bridge & Iron Nv
CBI
| – | – |
-1,057,075
| Closed | -$63.1M |
|
|
JOSB
60
DELISTED
JOS A BANK CLOTHIERS INC
JOSB
| – | – |
-318,245
| Closed | -$13.2M |
|
|
UN
61
DELISTED
Unilever NV New York Registry Shares
UN
| – | – |
-883,001
| Closed | -$34.7M |
|
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Ricky Sandler's Q3 2013 Portfolio in Review
As of Q3 2013, Ricky Sandler held 61 positions worth $4.52B, up 11% from $4.07B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Ricky Sandler's Q3 2013 filing shows 9 new, 25 increased, 18 reduced and 9 closed positions. Its largest new stake was NOV: 2,589,476 shares worth $182M. The largest sale was Advance Auto Parts, an estimated $118M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ricky Sandler's largest Q3 2013 buy was NOV: 2,589,476 shares worth $182M.
- Ricky Sandler added most to Qualcomm in Q3 2013, an estimated $79.2M increase.
- Ricky Sandler's biggest Q3 2013 reduction was Advance Auto Parts, cutting an estimated $118M.
- Ricky Sandler fully exited Chicago Bridge & Iron Nv in Q3 2013, selling an estimated $63.1M.
- Ricky Sandler's ten largest holdings make up 35% of its $4.52B portfolio in Q3 2013.
- Ricky Sandler opened 9 new positions and closed 9 in Q3 2013.
- Ricky Sandler's portfolio value rose 11% quarter-over-quarter to $4.52B.
Based on Eminence Capital's 13F filing for Q3 2013, filed 14 Nov 2013.