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
+15.03%
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
$3.09B
AUM Growth
-$68M
(-2.2%)
Cap. Flow
-$383M
Cap. Flow
% of AUM
-12.43%
Top 10 Holdings %
Top 10 Hldgs %
20.85%
Holding
257
New
91
Increased
29
Reduced
41
Closed
84
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TripAdvisor
TRIP
|
+$52.2M |
| 2 |
Nike
NKE
|
+$45.6M |
| 3 |
State Street SPDR S&P Regional Banking ETF
KRE
|
+$44.1M |
| 4 |
Helmerich & Payne
HP
|
+$40.4M |
| 5 |
Baidu
BIDU
|
+$38.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$85.1M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$45.7M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$38.3M |
| 4 |
ANSS
Ansys
ANSS
|
+$37.2M |
| 5 |
Verisk Analytics
VRSK
|
+$36.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 16.87% |
| 2 | Materials | 7.78% |
| 3 | Consumer Discretionary | 7.64% |
| 4 | Financials | 7.45% |
| 5 | Healthcare | 6.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
NOV
NOV
$7.15B
| – | – |
-521,230
| Closed | -$36.7M |
|
202
CALL
Nu Skin
NUS
$251M
| – | – |
-249,000
| Closed | -$23.8M |
|
|
203
Nu Skin
NUS
$251M
| – | – |
-152,400
| Closed | -$17.9M |
|
204
Penske Automotive Group
PAG
$14.2B
| – | – |
-247,700
| Closed | -$10.6M |
|
205
Polaris
PII
$4B
| – | – |
-77,000
| Closed | -$9.95M |
|
206
PUT
RH
RH
$3.55B
| – | – |
-200,000
| Closed | -$12.7M |
|
207
Ryman Hospitality Properties
RHP
$7.86B
| – | – |
-60,000
| Closed | -$2.07M |
|
208
RTX Corp
RTX
$300B
| – | – |
-380,248
| Closed | -$25.8M |
|
209
Starbucks
SBUX
$120B
| – | – |
-293,288
| Closed | -$11.3M |
|
210
Service Corp International
SCI
$11.4B
| – | – |
-339,700
| Closed | -$6.33M |
|
211
Synopsys
SNPS
$78.1B
| – | – |
-607,406
| Closed | -$22.9M |
|
212
Stratasys
SSYS
$763M
| – | – |
-151,450
| Closed | -$15.3M |
|
213
PUT
Target
TGT
$66.8B
| – | – |
-650,300
| Closed | -$41.6M |
|
214
PUT
Tapestry
TPR
$32.6B
| – | – |
-300,000
| Closed | -$16.4M |
|
215
PUT
Thomson Reuters
TRI
$43.5B
| – | – |
-258,509
| Closed | -$10.5M |
|
216
Tesla
TSLA
$1.26T
| – | – |
-465,000
| Closed | -$5.99M |
|
217
United States Natural Gas Fund
UNG
$451M
| – | – |
-80,306
| Closed | -$23.5M |
|
218
INNOVATE Corp
VATE
$101M
| – | – |
-34,000
| Closed | -$1.15M |
|
219
Viavi Solutions
VIAV
$9.96B
| – | – |
-1,734,091
| Closed | -$14.5M |
|
|
220
Verisk Analytics
VRSK
$24.3B
| – | – |
-559,824
| Closed | -$36.4M |
|
221
Waters Corp
WAT
$38.7B
| – | – |
-61,400
| Closed | -$6.19M |
|
222
Wells Fargo
WFC
$266B
| – | – |
-26,000
| Closed | -$1.07M |
|
223
Waste Management
WM
$91.3B
| – | – |
-28,500
| Closed | -$1.18M |
|
224
CALL
Yelp
YELP
$1.38B
| – | – |
-1,043,100
| Closed | -$69M |
|
225
CALL
Yum! Brands
YUM
$41.5B
| – | – |
-584,220
| Closed | -$30M |
|
Similar funds
DF
EAM
CA
TDWM
SCPM
TVM
GHI
LAII
Sandler Capital Management's Q4 2013 Portfolio in Review
As of Q4 2013, Sandler Capital Management held 257 positions worth $3.09B, down 2.2% from $3.15B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Sandler Capital Management withdrew a net $383M in Q4 2013, closing 84 positions and reducing 41 holdings. Its most notable exit was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $85.1M 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 Materials and Consumer Discretionary.
Against the trend, Sandler Capital Management opened a new position in TripAdvisor worth $52.9M.
- Sandler Capital Management's largest Q4 2013 buy was TripAdvisor: 638,300 shares worth $52.9M.
- Sandler Capital Management added most to State Street SPDR S&P Regional Banking ETF in Q4 2013, an estimated $44.1M increase.
- Sandler Capital Management's biggest Q4 2013 reduction was Alphabet (Google) Class C, cutting an estimated $45.7M.
- Sandler Capital Management fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2013, selling an estimated $85.1M.
- Sandler Capital Management's ten largest holdings make up 21% of its $3.09B portfolio in Q4 2013.
- Sandler Capital Management opened 91 new positions and closed 84 in Q4 2013.
- Sandler Capital Management's portfolio value fell 2.2% quarter-over-quarter to $3.09B.
Based on Sandler Capital Management's 13F filing for Q4 2013, filed 13 Feb 2014.