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
-1.65%
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
$971M
AUM Growth
-$244M
Cap. Flow
-$168M
Cap. Flow %
-17.26%
Top 10 Hldgs %
26.66%
Holding
134
New
39
Increased
29
Reduced
29
Closed
25

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$19.1M
2
CLH icon
Clean Harbors
CLH
+$18.9M
3
VRT icon
Vertiv
VRT
+$15.1M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$14.9M
5
MSFT icon
Microsoft
MSFT
+$13.3M

Top Sells

Rank Stock Value
1
FWONK icon
Liberty Media Series C
FWONK
+$40.1M
2
LYV icon
Live Nation Entertainment
LYV
+$35.4M
3
TTEK icon
Tetra Tech
TTEK
+$27M
4
WWE
World Wrestling Entertainment
WWE
+$22.3M
5
RTX icon
RTX Corp
RTX
+$22.1M

Sector Composition

Rank Sector Weight
1 Technology 17.35%
2 Industrials 16.73%
3 Healthcare 9.58%
4 Consumer Discretionary 5.9%
5 Communication Services 5.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NSC icon
76
PUT
Norfolk Southern
NSC
$75.1B
$4.92M 0.51%
+25,000
New +$5.4M
AMD icon
77
Advanced Micro Devices
AMD
$789B
$4.9M 0.5%
+47,688
New +$5.18M
MLM icon
78
Martin Marietta Materials
MLM
$33B
$4.83M 0.5%
11,760
-29,309
-71% -$13M
FICO icon
79
Fair Isaac
FICO
$22.5B
$4.33M 0.45%
4,988
-5,208
-51% -$4.47M
TECK icon
80
CALL
Teck Resources
TECK
$32.6B
$4.31M 0.44%
+100,000
New +$4.14M
F icon
81
PUT
Ford
F
$55.7B
$4.22M 0.43%
+340,000
New +$4.41M
TKO icon
82
TKO Group
TKO
$13.6B
$4.21M 0.43%
+50,082
New +$4.65M
SYK icon
83
Stryker
SYK
$130B
$4.06M 0.42%
14,854
+2,854
+24% +$818K
BWA icon
84
PUT
BorgWarner
BWA
$13.9B
$4.04M 0.42%
+100,000
New +$4.24M
ENTG icon
85
Entegris
ENTG
$23.2B
$3.9M 0.4%
41,484
+7,739
+23% +$775K
SPGI icon
86
S&P Global
SPGI
$120B
$3.75M 0.39%
10,266
+9,566
+1,367% +$3.76M
WSO icon
87
Watsco Inc
WSO
$13.6B
$3.73M 0.38%
9,879
-49,834
-83% -$18M
CRL icon
88
Charles River Laboratories
CRL
$12.8B
$3.65M 0.38%
18,606
-52,051
-74% -$10.7M
LMND icon
89
PUT
Lemonade
LMND
$4.1B
$3.49M 0.36%
+300,000
New +$4.81M
NXPI icon
90
NXP Semiconductors
NXPI
$60.4B
$3.14M 0.32%
15,720
-39,939
-72% -$8.27M
AMN icon
91
AMN Healthcare
AMN
$1.4B
$3.07M 0.32%
36,026
-39,234
-52% -$3.72M
RH icon
92
RH
RH
$3.71B
$2.88M 0.3%
+10,890
New +$3.79M
CYRX icon
93
PUT
CryoPort
CYRX
$762M
$2.69M 0.28%
+196,300
New +$2.89M
GM icon
94
PUT
General Motors
GM
$76.8B
$2.47M 0.25%
+75,000
New +$2.66M
HWM icon
95
Howmet Aerospace
HWM
$112B
$2.24M 0.23%
+48,410
New +$2.36M
ARCH
96
DELISTED
Arch Resources, Inc.
ARCH
$1.09M 0.11%
6,400
– –
ON icon
97
ON Semiconductor
ON
$31.6B
$657K 0.07%
7,066
-172,477
-96% -$16.8M
AVGO icon
98
Broadcom
AVGO
$2.04T
$348K 0.04%
4,190
– –
ELV icon
99
Elevance Health
ELV
$85.5B
$305K 0.03%
700
– –
FISV
100
Fiserv Inc
FISV
$27.9B
$299K 0.03%
2,650
– –
2 3
4
5 6

Similar funds

DF
Downshift Financial Boulder, Colorado $193M AUM
EAM
Exome Asset Management New York $193M AUM 208.51% 1-Year Est. Return
CA
Carson Advisory Athens, Georgia $193M AUM 14.52% 1-Year Est. Return
SCPM
Sea Cliff Partners Management San Francisco, California $194M AUM 8.22% 1-Year Est. Return
TVM
True Vision MN Woodbury, Minnesota $194M AUM 16.51% 1-Year Est. Return
GHI
Gross & Hartman Investments Leola, Pennsylvania $192M AUM
LAII
LM Asset (IM) Inc Vancouver, British Columbia, Canada $192M AUM 105.88% 1-Year Est. Return
IA
IFS Advisors Overland Park, Kansas $194M AUM 13.36% 1-Year Est. Return

Sandler Capital Management's Q3 2023 Portfolio in Review

As of Q3 2023, Sandler Capital Management held 134 positions worth $971M, down 20% from $1.21B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Sandler Capital Management withdrew a net $168M in Q3 2023, closing 25 positions and reducing 29 holdings. Its most notable exit was Live Nation Entertainment, an estimated $35.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Sandler Capital Management opened a new position in Vertiv worth $17M.

  • Sandler Capital Management's largest Q3 2023 buy was Vertiv: 456,810 shares worth $17M.
  • Sandler Capital Management added most to Meta Platforms (Facebook) in Q3 2023, an estimated $19.1M increase.
  • Sandler Capital Management's biggest Q3 2023 reduction was Liberty Media Series C, cutting an estimated $40.1M.
  • Sandler Capital Management fully exited Live Nation Entertainment in Q3 2023, selling an estimated $35.4M.
  • Sandler Capital Management's ten largest holdings make up 27% of its $971M portfolio in Q3 2023.
  • Sandler Capital Management opened 39 new positions and closed 25 in Q3 2023.
  • Sandler Capital Management's portfolio value fell 20% quarter-over-quarter to $971M.

Based on Sandler Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.