Sandler Capital Management’s Cheniere Energy LNG Stock Holding History

Sandler Capital Management’s Portfolio LNG Stock Details LNG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-6,221	Closed	-$1.46M	–	177
2025 Q3	$1.46M	Sell	6,221 -4,141	-40%	-$973K	0.43%	85
2025 Q2	$2.52M	Sell	10,362 -16,726	-62%	-$3.87M	0.68%	56
2025 Q1	$6.27M	Sell	27,088 -6,198	-19%	-$1.4M	1.57%	17
2024 Q4	$7.15M	Buy	+33,286	New	+$6.76M	0.74%	47
2019 Q3	–	Sell	-146,822	Closed	-$10.1M	–	134
2019 Q2	$10.1M	Sell	146,822 -34,378	-19%	-$2.28M	0.67%	61
2019 Q1	$12.4M	Buy	+181,200	New	+$11.9M	0.96%	43
2018 Q1	–	Sell	-114,000	Closed	-$6.14M	–	140
2017 Q4	$6.14M	Buy	+114,000	New	+$5.5M	0.86%	42
2017 Q2	–	Sell	-90,000	Closed	-$4.25M	–	175
2017 Q1	$4.25M	Buy	+90,000	New	+$4.15M	0.29%	117

Other funds holding LNG

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $181B AUM 41.77% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Blackstone Inc New York $32.9B AUM 23.66% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

Sandler Capital Management's LNG Position: Q4 2025 in Review

Sandler Capital Management sold out of Cheniere Energy (LNG) in Q4 2025, closing a stake of 6,221 shares — an estimated $1.46M sold.

Sandler Capital Management first reported a position in LNG in Q1 2017 and held it in 8 quarters. The position peaked at $12.4M in Q1 2019. 1,228 funds tracked by Wall St. Rank hold LNG as of Q4 2025.

Sandler Capital Management reported no remaining Cheniere Energy position as of Q4 2025 after selling out during the quarter.
Sandler Capital Management sold 6,221 Cheniere Energy shares in Q4 2025, an estimated $1.46M.
Sandler Capital Management first reported a position in Cheniere Energy in Q1 2017 and held it in 8 quarters.
Sandler Capital Management's Cheniere Energy position peaked at $12.4M in Q1 2019.
1,228 funds tracked by Wall St. Rank held Cheniere Energy as of Q4 2025.

Based on Sandler Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.