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 |
P
Pandora Media Inc
P
|
+$169M |
| 2 |
Darling Ingredients
DAR
|
+$149M |
| 3 |
Herc Holdings
HRI
|
+$88.8M |
| 4 |
BEAV
B/E Aerospace Inc
BEAV
|
+$88.6M |
| 5 |
Intercontinental Exchange
ICE
|
+$85.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TIBX
TIBCO SOFTWARE INC
TIBX
|
+$210M |
| 2 |
Autodesk
ADSK
|
+$167M |
| 3 |
WOOF
VCA Inc.
WOOF
|
+$133M |
| 4 |
Madison Square Garden
MSGS
|
+$121M |
| 5 |
Lennar Class A
LEN
|
+$119M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 27.56% |
| 2 | Technology | 16.77% |
| 3 | Industrials | 12.52% |
| 4 | Communication Services | 11.64% |
| 5 | Financials | 8.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
Madison Square Garden
MSGS
$9.78B
| – | – |
-2,567,141
| Closed | -$121M |
|
77
RTX Corp
RTX
$283B
| – | – |
-1,120,663
| Closed | -$74.5M |
|
78
Urban Outfitters
URBN
$6.36B
| – | – |
-2,043,854
| Closed | -$75M |
|
|
QVCGA
79
DELISTED
QVC Group Inc Series A
QVCGA
| – | – |
-30,755
| Closed | -$36M |
|
|
TPCO
80
DELISTED
Tribune Publishing Company Common Stock
TPCO
| – | – |
-186,813
| Closed | -$3.77M |
|
|
P
81
CALL
DELISTED
Pandora Media Inc
P
| – | – |
-2,786,000
| Closed | -$67.3M |
|
|
SNI
82
CALL
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| – | – |
-946,000
| Closed | -$73.9M |
|
|
JNS
83
DELISTED
Janus Capital Group Inc
JNS
| – | – |
-3,550,000
| Closed | -$51.6M |
|
|
SIRO
84
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| – | – |
-1,009,767
| Closed | -$77.4M |
|
|
TIBX
85
DELISTED
TIBCO SOFTWARE INC
TIBX
| – | – |
-8,899,702
| Closed | -$210M |
|
|
WOOF
86
DELISTED
VCA Inc.
WOOF
| – | – |
-3,392,009
| Closed | -$133M |
|
|
AGN
87
DELISTED
Allergan Inc
AGN
| – | – |
-465,801
| Closed | -$83M |
|
Similar funds
Ricky Sandler's Q4 2014 Portfolio in Review
As of Q4 2014, Ricky Sandler held 87 positions worth $6.88B, up 0.79% from $6.83B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Ricky Sandler withdrew a net $322M in Q4 2014, closing 19 positions and reducing 21 holdings. Its most notable exit was TIBCO SOFTWARE INC, an estimated $210M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 28% of assets, down from 28% a quarter earlier, followed by Technology and Industrials.
Against the trend, Ricky Sandler opened a new position in Pandora Media Inc worth $153M.
- Ricky Sandler's largest Q4 2014 buy was Pandora Media Inc: 8,569,012 shares worth $153M.
- Ricky Sandler added most to Herc Holdings in Q4 2014, an estimated $88.8M increase.
- Ricky Sandler's biggest Q4 2014 reduction was Autodesk, cutting an estimated $167M.
- Ricky Sandler fully exited TIBCO SOFTWARE INC in Q4 2014, selling an estimated $210M.
- Ricky Sandler's ten largest holdings make up 29% of its $6.88B portfolio in Q4 2014.
- Ricky Sandler opened 18 new positions and closed 19 in Q4 2014.
- Ricky Sandler's portfolio value rose 0.79% quarter-over-quarter to $6.88B.
Based on Eminence Capital's 13F filing for Q4 2014, filed 17 Feb 2015.