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 |
Capri Holdings
CPRI
|
+$181M |
| 2 |
JPMorgan Chase
JPM
|
+$162M |
| 3 |
LNKD
LinkedIn Corporation
LNKD
|
+$123M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$113M |
| 5 |
WBS
Webster Financial
WBS
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INVX
Innovex International
INVX
|
+$125M |
| 2 |
Charter Communications
CHTR
|
+$118M |
| 3 |
BEAV
B/E Aerospace Inc
BEAV
|
+$97.3M |
| 4 |
Humana
HUM
|
+$95.5M |
| 5 |
Zimmer Biomet
ZBH
|
+$88.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 30.69% |
| 2 | Technology | 16.67% |
| 3 | Communication Services | 13.45% |
| 4 | Financials | 11.91% |
| 5 | Industrials | 10.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
J.M. Smucker
SJM
$13.3B
| $47.5M | 0.68% |
+438,267
| New | +$50.7M |
|
52
Outfront Media
OUT
$5.25B
| $43.5M | 0.62% |
1,751,886
-1,458,041
| -45% | -$40.1M |
|
53
Canadian Pacific Kansas City
CP
$85B
| $30M | 0.43% |
+935,850
| New | +$33.4M |
|
|
SAFM
54
DELISTED
Sanderson Farms Inc
SAFM
| $24.7M | 0.35% |
329,000
| – | – |
|
55
McDonald's
MCD
$192B
| $23.6M | 0.34% |
248,334
-82,867
| -25% | -$8.02M |
|
56
Graphic Packaging
GPK
$3.54B
| $22.5M | 0.32% |
1,614,903
-297,073
| -16% | -$4.26M |
|
57
TIM SA
TIMB
$8.52B
| $21.1M | 0.3% |
+1,289,051
| New | +$20.5M |
|
|
INVN
58
DELISTED
Invensense Inc
INVN
| $8.3M | 0.12% |
550,000
| – | – |
|
|
UNVR
59
DELISTED
Univar Solutions Inc.
UNVR
| $651K | 0.01% |
+25,000
| New | +$659K |
|
60
Allegion
ALLE
$13.8B
| – | – |
-1,449,236
| Closed | -$88.7M |
|
|
61
Charter Communications
CHTR
$17.9B
| – | – |
-609,427
| Closed | -$118M |
|
62
Cognizant
CTSH
$27.9B
| – | – |
-1,411,668
| Closed | -$88.1M |
|
63
Darling Ingredients
DAR
$10.4B
| – | – |
-6,245,000
| Closed | -$87.5M |
|
64
Dollar Tree
DLTR
$25.3B
| – | – |
-725,972
| Closed | -$58.9M |
|
65
Graham Holdings Company
GHC
$4.94B
| – | – |
-41,104
| Closed | -$26.1M |
|
66
GoPro
GPRO
$116M
| – | – |
-414,600
| Closed | -$18M |
|
|
67
Humana
HUM
$45.5B
| – | – |
-536,411
| Closed | -$95.5M |
|
68
NOV
NOV
$7.28B
| – | – |
-218,181
| Closed | -$10.9M |
|
|
69
Zimmer Biomet
ZBH
$19.3B
| – | – |
-778,503
| Closed | -$88.8M |
|
70
Zurn Elkay Water Solutions
ZWS
$8.13B
| – | – |
-4,643,636
| Closed | -$59.7M |
|
|
INVX
71
Innovex International
INVX
$2.05B
| – | – |
-1,835,055
| Closed | -$125M |
|
|
BEAV
72
DELISTED
B/E Aerospace Inc
BEAV
| – | – |
-1,528,899
| Closed | -$97.3M |
|
|
QLIK
73
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| – | – |
-1,404,786
| Closed | -$43.7M |
|
|
TWC
74
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| – | – |
-501,213
| Closed | -$75.1M |
|
Similar funds
Ricky Sandler's Q2 2015 Portfolio in Review
As of Q2 2015, Ricky Sandler held 74 positions worth $7.02B, up 8.7% from $6.46B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ricky Sandler deployed $663M of net new capital in Q2 2015, opening 15 new positions and adding to 25 existing holdings. Its largest new stake was JPMorgan Chase: 2,487,005 shares worth $169M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 31% of assets, up from 31% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was THE MENS WAREHOUSE INC, an estimated $63.5M trimmed.
- Ricky Sandler's largest Q2 2015 buy was JPMorgan Chase: 2,487,005 shares worth $169M.
- Ricky Sandler added most to Capri Holdings in Q2 2015, an estimated $181M increase.
- Ricky Sandler's biggest Q2 2015 reduction was THE MENS WAREHOUSE INC, cutting an estimated $63.5M.
- Ricky Sandler fully exited Innovex International in Q2 2015, selling an estimated $125M.
- Ricky Sandler's ten largest holdings make up 31% of its $7.02B portfolio in Q2 2015.
- Ricky Sandler opened 15 new positions and closed 15 in Q2 2015.
- Ricky Sandler's portfolio value rose 8.7% quarter-over-quarter to $7.02B.
Based on Eminence Capital's 13F filing for Q2 2015, filed 14 Aug 2015.