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 |
Sea Limited
SE
|
+$172M |
| 2 |
Valvoline
VVV
|
+$135M |
| 3 |
Performance Food Group
PFGC
|
+$96.4M |
| 4 |
Coupang
CPNG
|
+$91.3M |
| 5 |
Graphic Packaging
GPK
|
+$84.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Atmus Filtration Technologies
ATMU
|
+$131M |
| 2 |
Lennar Class A
LEN
|
+$125M |
| 3 |
Advanced Micro Devices
AMD
|
+$118M |
| 4 |
SGI
Somnigroup International
SGI
|
+$103M |
| 5 |
MongoDB
MDB
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 38.42% |
| 2 | Technology | 23.26% |
| 3 | Industrials | 9.79% |
| 4 | Communication Services | 8.32% |
| 5 | Healthcare | 7.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.79T
| $341M | 5.39% |
1,475,615
-73,281
| -5% | -$16.8M |
|
|
2
Sea Limited
SE
$72B
| $337M | 5.33% |
2,641,640
+1,162,825
| +79% | +$172M |
|
3
Louisiana-Pacific
LPX
$5.12B
| $327M | 5.17% |
4,048,136
+932,177
| +30% | +$78.8M |
|
4
Workiva
WK
$4.07B
| $320M | 5.05% |
3,706,152
-17,394
| -0.5% | -$1.54M |
|
|
5
Coupang
CPNG
$29.6B
| $298M | 4.72% |
12,644,042
+3,209,657
| +34% | +$91.3M |
|
6
DraftKings
DKNG
$13B
| $290M | 4.59% |
8,426,755
+2,151,892
| +34% | +$70.8M |
|
7
GitLab
GTLB
$7.04B
| $289M | 4.57% |
7,702,226
+494,497
| +7% | +$21.4M |
|
8
Salesforce
CRM
$171B
| $276M | 4.37% |
1,042,521
+211,985
| +26% | +$52.7M |
|
|
9
Performance Food Group
PFGC
$16.5B
| $238M | 3.76% |
2,647,353
+998,249
| +61% | +$96.4M |
|
10
Jefferies Financial Group
JEF
$12.1B
| $236M | 3.74% |
3,812,615
+454,054
| +14% | +$26M |
|
11
Asbury Automotive
ABG
$3.86B
| $215M | 3.41% |
926,392
-46,013
| -5% | -$10.9M |
|
|
12
Advanced Micro Devices
AMD
$773B
| $207M | 3.28% |
968,441
-525,114
| -35% | -$118M |
|
|
13
Atmus Filtration Technologies
ATMU
$4.06B
| $199M | 3.14% |
3,825,346
-2,697,058
| -41% | -$131M |
|
14
Dynatrace
DT
$14.2B
| $196M | 3.1% |
4,527,266
+1,122,855
| +33% | +$52.3M |
|
|
15
Graphic Packaging
GPK
$3.54B
| $193M | 3.05% |
12,811,941
+5,163,806
| +68% | +$84.9M |
|
16
Liberty Media Series C
FWONK
$26.3B
| $187M | 2.95% |
1,895,152
-94,097
| -5% | -$9.24M |
|
17
Elevance Health
ELV
$86.9B
| $171M | 2.7% |
487,147
+120,358
| +33% | +$40.7M |
|
18
LPL Financial
LPLA
$28.5B
| $158M | 2.5% |
441,845
-145,779
| -25% | -$51.6M |
|
19
Zillow
Z
$8.07B
| $143M | 2.26% |
2,093,890
-403,125
| -16% | -$29.2M |
|
20
UnitedHealth
UNH
$350B
| $125M | 1.97% |
378,260
-18,786
| -5% | -$6.37M |
|
|
21
Valvoline
VVV
$4.33B
| $122M | 1.94% |
+4,212,293
| New | +$135M |
|
22
Tenet Healthcare
THC
$22.6B
| $122M | 1.93% |
613,961
-495,489
| -45% | -$100M |
|
23
Alibaba
BABA
$286B
| $121M | 1.91% |
825,761
-39,776
| -5% | -$6.48M |
|
24
Pinterest
PINS
$13.3B
| $118M | 1.86% |
4,539,453
-2,175,555
| -32% | -$62.6M |
|
25
Synopsys
SNPS
$76.2B
| $117M | 1.85% |
249,247
+85,818
| +53% | +$38.1M |
|
Similar funds
Ricky Sandler's Q4 2025 Portfolio in Review
As of Q4 2025, Ricky Sandler held 49 positions worth $6.32B, down 23% from $8.25B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Ricky Sandler withdrew a net $1.49B in Q4 2025, closing 10 positions and reducing 19 holdings. Its most notable exit was Lennar Class A, an estimated $125M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 38% of assets, up from 33% a quarter earlier, followed by Technology and Industrials.
Against the trend, Ricky Sandler opened a new position in Valvoline worth $122M.
- Ricky Sandler's largest Q4 2025 buy was Valvoline: 4,212,293 shares worth $122M.
- Ricky Sandler added most to Sea Limited in Q4 2025, an estimated $172M increase.
- Ricky Sandler's biggest Q4 2025 reduction was Atmus Filtration Technologies, cutting an estimated $131M.
- Ricky Sandler fully exited Lennar Class A in Q4 2025, selling an estimated $125M.
- Ricky Sandler's ten largest holdings make up 47% of its $6.32B portfolio in Q4 2025.
- Ricky Sandler opened 3 new positions and closed 10 in Q4 2025.
- Ricky Sandler's portfolio value fell 23% quarter-over-quarter to $6.32B.
Based on Eminence Capital's 13F filing for Q4 2025, filed 17 Feb 2026.