Sandler Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$46.5M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$11.4M |
| 4 |
Clorox
CLX
|
+$8.41M |
| 5 |
PayPal
PYPL
|
+$8.22M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P Mid-Cap 400 Growth ETF
IJK
|
+$21.4M |
| 2 |
Labcorp
LH
|
+$20.4M |
| 3 |
Visa
V
|
+$17.6M |
| 4 |
Lazard
LAZ
|
+$13.5M |
| 5 |
Agilent Technologies
A
|
+$12.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 8.16% |
| 2 | Healthcare | 7.62% |
| 3 | Communication Services | 7.54% |
| 4 | Industrials | 6.18% |
| 5 | Technology | 3.36% |
Similar funds
Sandler Capital Management's Q3 2015 Portfolio in Review
As of Q3 2015, Sandler Capital Management held 223 positions worth $861M, down 23% from $1.12B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Sandler Capital Management withdrew a net $189M in Q3 2015, closing 95 positions and reducing 41 holdings. Its most notable exit was iShares S&P Mid-Cap 400 Growth ETF, an estimated $21.4M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 8.2% of assets, down from 11% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Sandler Capital Management opened a new position in State Street SPDR S&P 500 ETF Trust worth $44M.
- Sandler Capital Management's largest Q3 2015 buy was State Street SPDR S&P 500 ETF Trust: 229,400 shares worth $44M.
- Sandler Capital Management added most to Interface in Q3 2015, an estimated $7.88M increase.
- Sandler Capital Management's biggest Q3 2015 reduction was Labcorp, cutting an estimated $20.4M.
- Sandler Capital Management fully exited iShares S&P Mid-Cap 400 Growth ETF in Q3 2015, selling an estimated $21.4M.
- Sandler Capital Management's ten largest holdings make up 33% of its $861M portfolio in Q3 2015.
- Sandler Capital Management opened 61 new positions and closed 95 in Q3 2015.
- Sandler Capital Management's portfolio value fell 23% quarter-over-quarter to $861M.
Based on Sandler Capital Management's 13F filing for Q3 2015, filed 16 Nov 2015.