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 |
MW
THE MENS WAREHOUSE INC
MW
|
+$218M |
| 2 |
Autodesk
ADSK
|
+$176M |
| 3 |
OPLN
Openlane
OPLN
|
+$114M |
| 4 |
Humana
HUM
|
+$105M |
| 5 |
Equinix
EQIX
|
+$85.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
P
Pandora Media Inc
P
|
+$117M |
| 2 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$89.3M |
| 3 |
JPMorgan Chase
JPM
|
+$85.9M |
| 4 |
Becton Dickinson
BDX
|
+$64.3M |
| 5 |
Fidelity National Financial
FNF
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 25.15% |
| 2 | Technology | 24.46% |
| 3 | Industrials | 11.58% |
| 4 | Healthcare | 7.9% |
| 5 | Financials | 7.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
S
51
DELISTED
Sprint Corporation
S
| $39M | 0.69% |
+3,627,317
| New | +$27.3M |
|
|
SWI
52
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $38.8M | 0.69% |
+1,025,000
| New | +$35.8M |
|
|
ARO
53
DELISTED
Aeropostale Inc
ARO
| $38.6M | 0.68% |
4,247,824
+35,196
| +0.8% | +$322K |
|
54
Aramark
ARMK
$15.8B
| $33.8M | 0.6% |
+1,785,703
| New | +$31.5M |
|
55
Owens Corning
OC
$11.7B
| $15.9M | 0.28% |
390,151
+78,151
| +25% | +$2.96M |
|
56
PVH
PVH
$3.62B
| $14.2M | 0.25% |
104,551
-39,236
| -27% | -$4.99M |
|
|
MHFI
57
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $8.84M | 0.16% |
+113,000
| New | +$8.11M |
|
58
T-Mobile US
TMUS
$196B
| $7.27M | 0.13% |
+216,000
| New | +$5.92M |
|
|
FDO
59
DELISTED
FAMILY DOLLAR STORES
FDO
| $4.66M | 0.08% |
+71,700
| New | +$4.91M |
|
|
60
Becton Dickinson
BDX
$52.3B
| – | – |
-659,033
| Closed | -$64.3M |
|
61
Coca-Cola Europacific Partners
CCEP
$47.7B
| – | – |
-344,957
| Closed | -$13.9M |
|
62
EXL Service
EXLS
$5.69B
| – | – |
-7,206,350
| Closed | -$41M |
|
|
63
JPMorgan Chase
JPM
$935B
| – | – |
-1,662,275
| Closed | -$85.9M |
|
64
Corpay
CPAY
$27.4B
| – | – |
-387,915
| Closed | -$42.7M |
|
|
P
65
DELISTED
Pandora Media Inc
P
| – | – |
-4,639,374
| Closed | -$117M |
|
|
ANN
66
DELISTED
ANN INC
ANN
| – | – |
-1,448,064
| Closed | -$52.4M |
|
|
TYC
67
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| – | – |
-2,439,146
| Closed | -$89.3M |
|
Similar funds
Ricky Sandler's Q4 2013 Portfolio in Review
As of Q4 2013, Ricky Sandler held 67 positions worth $5.64B, up 25% from $4.52B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Ricky Sandler deployed $625M of net new capital in Q4 2013, opening 15 new positions and adding to 21 existing holdings. Its largest new stake was THE MENS WAREHOUSE INC: 4,684,200 shares worth $239M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 25% of assets, up from 21% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Fidelity National Financial, an estimated $57.3M trimmed.
- Ricky Sandler's largest Q4 2013 buy was THE MENS WAREHOUSE INC: 4,684,200 shares worth $239M.
- Ricky Sandler added most to Autodesk in Q4 2013, an estimated $176M increase.
- Ricky Sandler's biggest Q4 2013 reduction was Fidelity National Financial, cutting an estimated $57.3M.
- Ricky Sandler fully exited Pandora Media Inc in Q4 2013, selling an estimated $117M.
- Ricky Sandler's ten largest holdings make up 36% of its $5.64B portfolio in Q4 2013.
- Ricky Sandler opened 15 new positions and closed 8 in Q4 2013.
- Ricky Sandler's portfolio value rose 25% quarter-over-quarter to $5.64B.
Based on Eminence Capital's 13F filing for Q4 2013, filed 14 Feb 2014.