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
+4.01%
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
$1.14B
AUM Growth
-$355M
(-24%)
Cap. Flow
-$327M
Cap. Flow
% of AUM
-28.6%
Top 10 Holdings %
Top 10 Hldgs %
27.17%
Holding
164
New
28
Increased
30
Reduced
31
Closed
55
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Abbott
ABT
|
+$10.8M |
| 2 |
TransUnion
TRU
|
+$10.3M |
| 3 |
Mastercard
MA
|
+$9.97M |
| 4 |
Verisk Analytics
VRSK
|
+$8.53M |
| 5 |
Vail Resorts
MTN
|
+$8.29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPDR Gold Trust
GLD
|
+$38.5M |
| 2 |
Blackstone
BX
|
+$25.9M |
| 3 |
Live Nation Entertainment
LYV
|
+$22.2M |
| 4 |
IQVIA
IQV
|
+$17.2M |
| 5 |
Microsoft
MSFT
|
+$15.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.82% |
| 2 | Industrials | 8.89% |
| 3 | Financials | 6.18% |
| 4 | Technology | 4.34% |
| 5 | Consumer Discretionary | 3.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Zoom
ZM
$30.6B
| – | – |
-62,500
| Closed | -$5.55M |
|
|
AYX
152
DELISTED
Alteryx Inc
AYX
| – | – |
-55,000
| Closed | -$6M |
|
|
DHR.PRA
153
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| – | – |
-250
| Closed | -$276K |
|
|
CLGX
154
DELISTED
Corelogic, Inc.
CLGX
| – | – |
-200,000
| Closed | -$8.37M |
|
|
IPHI
155
DELISTED
INPHI CORPORATION
IPHI
| – | – |
-73,342
| Closed | -$3.67M |
|
|
S
156
PUT
DELISTED
Sprint Corporation
S
| – | – |
-1,022,900
| Closed | -$6.72M |
|
|
AKS
157
PUT
DELISTED
AK Steel Holding Corp
AKS
| – | – |
-3,700,000
| Closed | -$8.77M |
|
|
BID
158
PUT
DELISTED
Sotheby's
BID
| – | – |
-109,900
| Closed | -$6.39M |
|
|
CRAY
159
CALL
DELISTED
Cray, Inc.
CRAY
| – | – |
-103,800
| Closed | -$3.61M |
|
|
LLL
160
DELISTED
L3 Technologies, Inc.
LLL
| – | – |
-29,807
| Closed | -$7.31M |
|
|
ESV
161
PUT
DELISTED
Ensco Rowan plc
ESV
| – | – |
-500,000
| Closed | -$4.26M |
|
Similar funds
DF
EAM
CA
SCPM
TVM
GHI
LAII
IA
Sandler Capital Management's Q3 2019 Portfolio in Review
As of Q3 2019, Sandler Capital Management held 164 positions worth $1.14B, down 24% from $1.5B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Sandler Capital Management withdrew a net $327M in Q3 2019, closing 55 positions and reducing 31 holdings. Its most notable exit was SPDR Gold Trust, an estimated $38.5M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 9.8% of assets, up from 9.2% a quarter earlier, followed by Industrials and Financials.
Against the trend, Sandler Capital Management opened a new position in Verisk Analytics worth $8.7M.
- Sandler Capital Management's largest Q3 2019 buy was Verisk Analytics: 55,000 shares worth $8.7M.
- Sandler Capital Management added most to Abbott in Q3 2019, an estimated $10.8M increase.
- Sandler Capital Management's biggest Q3 2019 reduction was Microsoft, cutting an estimated $15.5M.
- Sandler Capital Management fully exited SPDR Gold Trust in Q3 2019, selling an estimated $38.5M.
- Sandler Capital Management's ten largest holdings make up 27% of its $1.14B portfolio in Q3 2019.
- Sandler Capital Management opened 28 new positions and closed 55 in Q3 2019.
- Sandler Capital Management's portfolio value fell 24% quarter-over-quarter to $1.14B.
Based on Sandler Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.