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Sandler Capital Management Portfolio holdings
AUM
$193M
1-Year Est. Return
77.14%
This Fund
S&P 500
This Quarter
Est. Return
-1.05%
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
$400M
AUM Growth
-$563M
(-59%)
Cap. Flow
-$549M
Cap. Flow
% of AUM
-137.44%
Top 10 Holdings %
Top 10 Hldgs %
24.07%
Holding
190
New
39
Increased
14
Reduced
56
Closed
72
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sensient Technologies
SXT
|
+$5.74M |
| 2 |
TLN
Talen Energy Corp
TLN
|
+$5.32M |
| 3 |
Zimmer Biomet
ZBH
|
+$4.47M |
| 4 |
Keysight
KEYS
|
+$4.44M |
| 5 |
Teledyne Technologies
TDY
|
+$3.99M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Shopify
SHOP
|
+$13.7M |
| 2 |
Cloudflare
NET
|
+$11M |
| 3 |
Charles River Laboratories
CRL
|
+$10.7M |
| 4 |
Marvell Technology
MRVL
|
+$10.4M |
| 5 |
Microsoft
MSFT
|
+$10M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 19.04% |
| 2 | Technology | 16.83% |
| 3 | Healthcare | 11.07% |
| 4 | Consumer Discretionary | 7.29% |
| 5 | Communication Services | 6.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
Capital One
COF
$127B
| $13.9M | 3.48% |
77,500
-122,500
| -61% | -$23.1M |
|
2
PUT
Gogo Inc
GOGO
$536M
| $12.4M | 3.09% |
+1,433,400
| New | +$11.2M |
|
3
PUT
Live Nation Entertainment
LYV
$41.6B
| $12.2M | 3.05% |
+93,300
| New | +$12.7M |
|
4
Verisk Analytics
VRSK
$27.3B
| $11.3M | 2.83% |
38,023
+2,723
| +8% | +$785K |
|
5
CALL
Franklin Resources
BEN
$17.3B
| $8.9M | 2.23% |
+462,300
| New | +$9.26M |
|
6
PUT
Upstart Holdings
UPST
$2.65B
| $8.74M | 2.19% |
189,800
-275,100
| -59% | -$17.1M |
|
7
RTX Corp
RTX
$294B
| $7.42M | 1.86% |
55,996
+7,807
| +16% | +$990K |
|
8
CALL
Alphabet (Google) Class C
GOOG
$4T
| $7.36M | 1.84% |
+47,100
| New | +$8.63M |
|
9
Amazon
AMZN
$2.5T
| $7.19M | 1.8% |
37,792
-12,641
| -25% | -$2.74M |
|
10
Eli Lilly
LLY
$1.07T
| $6.82M | 1.71% |
8,262
+700
| +9% | +$582K |
|
11
Corning
GLW
$119B
| $6.72M | 1.68% |
146,756
-46,118
| -24% | -$2.28M |
|
12
CALL
Okta
OKTA
$24.2B
| $6.66M | 1.67% |
+63,300
| New | +$6.18M |
|
13
Cboe Global Markets
CBOE
$29.4B
| $6.63M | 1.66% |
29,319
-17,228
| -37% | -$3.57M |
|
14
Intuitive Surgical
ISRG
$127B
| $6.59M | 1.65% |
13,315
+2,206
| +20% | +$1.22M |
|
15
TKO Group
TKO
$13.7B
| $6.32M | 1.58% |
41,364
-31,027
| -43% | -$4.74M |
|
16
Valmont Industries
VMI
$9.5B
| $6.31M | 1.58% |
22,099
+4,466
| +25% | +$1.46M |
|
17
Cheniere Energy
LNG
$54.6B
| $6.27M | 1.57% |
27,088
-6,198
| -19% | -$1.4M |
|
18
Stryker
SYK
$129B
| $6.18M | 1.55% |
16,591
-15,828
| -49% | -$6.02M |
|
19
Trimble
TRMB
$12.8B
| $5.91M | 1.48% |
90,045
-16,131
| -15% | -$1.16M |
|
|
20
Sensient Technologies
SXT
$5.4B
| $5.86M | 1.47% |
+78,796
| New | +$5.74M |
|
21
PUT
Kraft Heinz
KHC
$31.1B
| $5.84M | 1.46% |
191,900
-76,200
| -28% | -$2.28M |
|
22
Williams Companies
WMB
$87.5B
| $5.67M | 1.42% |
94,840
-94,224
| -50% | -$5.39M |
|
23
Fair Isaac
FICO
$29.9B
| $5.58M | 1.4% |
3,024
-518
| -15% | -$959K |
|
|
24
Keysight
KEYS
$52.4B
| $5.18M | 1.3% |
34,587
+26,892
| +349% | +$4.44M |
|
25
Sherwin-Williams
SHW
$80.3B
| $5.05M | 1.26% |
14,458
-12,597
| -47% | -$4.42M |
|
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Sandler Capital Management's Q1 2025 Portfolio in Review
As of Q1 2025, Sandler Capital Management held 190 positions worth $400M, down 59% from $963M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Sandler Capital Management withdrew a net $549M in Q1 2025, closing 72 positions and reducing 56 holdings. Its most notable exit was Charles River Laboratories, an estimated $10.7M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 19% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Sandler Capital Management opened a new position in Sensient Technologies worth $5.86M.
- Sandler Capital Management's largest Q1 2025 buy was Sensient Technologies: 78,796 shares worth $5.86M.
- Sandler Capital Management added most to Keysight in Q1 2025, an estimated $4.44M increase.
- Sandler Capital Management's biggest Q1 2025 reduction was Shopify, cutting an estimated $13.7M.
- Sandler Capital Management fully exited Charles River Laboratories in Q1 2025, selling an estimated $10.7M.
- Sandler Capital Management's ten largest holdings make up 24% of its $400M portfolio in Q1 2025.
- Sandler Capital Management opened 39 new positions and closed 72 in Q1 2025.
- Sandler Capital Management's portfolio value fell 59% quarter-over-quarter to $400M.
Based on Sandler Capital Management's 13F filing for Q1 2025, filed 15 May 2025.