We are live on
!
Find out more
SCM
Sandler Capital Management Portfolio holdings
AUM
$193M
1-Year Est. Return
77.14%
This Fund
S&P 500
This Quarter
Est. Return
+5.95%
1 Year Est. Return
+77.14%
3 Year Est. Return
+287.77%
5 Year Est. Return
+477.32%
10 Year Est. Return
+5,217.56%
AUM
$922M
AUM Growth
-$534M
(-37%)
Cap. Flow
-$575M
Cap. Flow
% of AUM
-62.37%
Top 10 Holdings %
Top 10 Hldgs %
30.17%
Holding
220
New
48
Increased
37
Reduced
41
Closed
86
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$27M |
| 2 |
Blackrock
BLK
|
+$19.9M |
| 3 |
MSCC
Microsemi Corp
MSCC
|
+$11.5M |
| 4 |
Service Corp International
SCI
|
+$8.49M |
| 5 |
Repligen
RGEN
|
+$8.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Home Construction ETF
ITB
|
+$14.1M |
| 2 |
Keurig Dr Pepper
KDP
|
+$13M |
| 3 |
Meta Platforms (Facebook)
META
|
+$12.6M |
| 4 |
Walt Disney
DIS
|
+$12.5M |
| 5 |
Vail Resorts
MTN
|
+$12.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 16.51% |
| 2 | Financials | 13.23% |
| 3 | Technology | 11.84% |
| 4 | Healthcare | 6.93% |
| 5 | Materials | 6.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MIME
26
DELISTED
Mimecast Limited
MIME
| $9.52M | 1.03% |
355,453
-141,970
| -29% | -$3.56M |
|
|
MSCC
27
CALL
DELISTED
Microsemi Corp
MSCC
| $9.36M | 1.02% |
+200,000
| New | +$9.79M |
|
28
PUT
Snap
SNAP
$7.96B
| $9.24M | 1% |
+520,000
| New | +$10.5M |
|
29
Exponent
EXPO
$3.19B
| $9.22M | 1% |
316,220
-37,226
| -11% | -$1.11M |
|
|
30
Repligen
RGEN
$6.91B
| $9.16M | 0.99% |
+221,070
| New | +$8.4M |
|
|
FLIR
31
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $8.84M | 0.96% |
254,893
+3,450
| +1% | +$126K |
|
|
BID
32
DELISTED
Sotheby's
BID
| $8.68M | 0.94% |
161,780
-19,870
| -11% | -$990K |
|
33
Bio-Techne
TECH
$11.2B
| $8.58M | 0.93% |
+292,040
| New | +$7.98M |
|
34
Qiagen
QGEN
$8.62B
| $8.57M | 0.93% |
241,102
+61,176
| +34% | +$2.07M |
|
35
CALL
Live Nation Entertainment
LYV
$42.9B
| $8.22M | 0.89% |
236,000
+6,000
| +3% | +$201K |
|
36
PUT
Community Health Systems
CYH
$382M
| $7.97M | 0.86% |
800,000
+400,000
| +100% | +$3.66M |
|
37
CALL
Bank of America
BAC
$429B
| $7.88M | 0.86% |
+325,000
| New | +$7.58M |
|
38
Sensient Technologies
SXT
$5.22B
| $7.86M | 0.85% |
97,655
+15,590
| +19% | +$1.26M |
|
39
PUT
Tenet Healthcare
THC
$22.2B
| $7.74M | 0.84% |
+400,000
| New | +$6.98M |
|
|
AJRD
40
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $7.71M | 0.84% |
+370,582
| New | +$7.95M |
|
41
Microsoft
MSFT
$2.9T
| $7.56M | 0.82% |
109,700
-39,788
| -27% | -$2.73M |
|
42
Parker-Hannifin
PH
$120B
| $7.42M | 0.81% |
46,416
-22,120
| -32% | -$3.51M |
|
43
Vulcan Materials
VMC
$36.8B
| $7.37M | 0.8% |
58,140
+23,140
| +66% | +$2.91M |
|
|
QVCGA
44
PUT
DELISTED
QVC Group Inc Series A
QVCGA
| $7.36M | 0.8% |
+6,180
| New | +$6.84M |
|
45
CALL
Citigroup
C
$213B
| $7.36M | 0.8% |
+110,000
| New | +$6.75M |
|
46
Ulta Beauty
ULTA
$21.8B
| $7.18M | 0.78% |
+25,000
| New | +$7.3M |
|
47
PayPal
PYPL
$50.3B
| $7.15M | 0.78% |
133,200
-87,748
| -40% | -$4.31M |
|
48
TransUnion
TRU
$16B
| $7.11M | 0.77% |
164,121
-17,030
| -9% | -$706K |
|
49
Revvity
RVTY
$12.6B
| $7.1M | 0.77% |
104,220
-21,750
| -17% | -$1.35M |
|
50
PUT
Cognizant
CTSH
$26.5B
| $6.64M | 0.72% |
+100,000
| New | +$6.35M |
|
Similar funds
DF
PA
GIO
EAM
WWC
CA
JHA
TDWM
Sandler Capital Management's Q2 2017 Portfolio in Review
As of Q2 2017, Sandler Capital Management held 220 positions worth $922M, down 37% from $1.46B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Sandler Capital Management withdrew a net $575M in Q2 2017, closing 86 positions and reducing 41 holdings. Its most notable exit was iShares US Home Construction ETF, an estimated $14.1M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 17% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
Against the trend, Sandler Capital Management opened a new position in Blackrock worth $21.1M.
- Sandler Capital Management's largest Q2 2017 buy was Blackrock: 49,860 shares worth $21.1M.
- Sandler Capital Management added most to Visa in Q2 2017, an estimated $27M increase.
- Sandler Capital Management's biggest Q2 2017 reduction was Stanley Black & Decker, cutting an estimated $12.1M.
- Sandler Capital Management fully exited iShares US Home Construction ETF in Q2 2017, selling an estimated $14.1M.
- Sandler Capital Management's ten largest holdings make up 30% of its $922M portfolio in Q2 2017.
- Sandler Capital Management opened 48 new positions and closed 86 in Q2 2017.
- Sandler Capital Management's portfolio value fell 37% quarter-over-quarter to $922M.
Based on Sandler Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.