SANDLER CAPITAL MANAGEMENT

CIK

1000742

Location

NEW YORK, NY

Portfolio Value

Small $200,551,974

Diversification

Diversified

Filing Date

Global Rank

#6,484 / 8,816 ▼ 332

Top Industry

Entertainment 12.3%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 23.7%, 70.3 effective positions, active share 87.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

134.7% over the last four quarters (100%+)

Horizon

Medium horizon

Value-weighted holding period 4.1 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 87.0%; sector active share 31.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

124 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

4.3%

−1.8 pts

Top 5

14.7%

−4.9 pts

Top 10

24.0%

−6.1 pts

HHI

131

Diversified−39

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	25.7%	$51,552,380	32
Industrials	21.9%	$43,891,334	30
Communication Services	13.9%	$27,847,294	10
Consumer Cyclical	12.0%	$24,016,894	15
Healthcare	6.4%	$12,849,835	8
Real Estate	6.1%	$12,282,089	4
Basic Materials	4.7%	$9,395,702	7
Financial Services	3.9%	$7,758,242	8
Unclassified	3.2%	$6,459,593	4
Energy	1.5%	$3,048,030	5
Utilities	0.7%	$1,450,581	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
SBUX	Starbucks Corp	+14,718	27,018	$2,760,969
SXT	Sensient Technologies Corp	+11,583	22,588	$2,784,874
CSX	Csx Corp	+11,252	36,259	$1,723,390
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	+9,900	17,034	$2,702,614
CAVA	Cava Group, Inc.	+8,724	17,874	$1,402,751
EBAY	Ebay Inc	+8,567	20,710	$2,314,342
HNGE	Hinge Health, Inc.	+8,332	39,673	$3,292,859
RTX	RTX Corp	+2,307	12,031	$2,282,641
AME	Ametek Inc	+2,295	12,553	$3,037,072
BHP	BHP Group Ltd	+2,100	13,910	$1,158,842
TLN	Talen Energy Corp	+2,015	3,775	$1,450,581
AMZN	Amazon Com Inc	+1,960	9,667	$2,304,032
ROK	Rockwell Automation, Inc	+1,941	3,914	$1,937,743
BE	Bloom Energy Corp	+1,806	4,869	$1,473,846
KRMN	Karman Holdings Inc.	+750	9,200	$459,264
RBC	RBC Bearings INC	+597	3,004	$1,934,756
AXON	Axon Enterprise, Inc.	+510	1,240	$695,156
DY	Dycom Industries Inc	+467	2,466	$1,246,784
EQIX	Equinix Inc	+314	1,774	$1,849,199
GOOG	Alphabet Inc.	+287	2,384	$842,338
HOOD	Robinhood Markets, Inc.	+229	3,117	$312,572
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NOK	Nokia Corp	−120,056	60,362	$801,607
—		−54,000	67,000	$0
CTOS	Custom Truck One Source, Inc.	−36,204	87,077	$1,028,379
MSGE	Madison Square Garden Entertainment Corp.	−33,857	37,839	$3,060,796
FOR	Forestar Group Inc.	−31,743	79,222	$2,507,376
TKO	TKO Group Holdings, Inc.	−18,423	13,996	$2,817,534
GLW	Corning Inc	−16,671	3,299	$842,663
INFQ	Infleqtion, Inc.	−13,818	46,974	$625,693
TRMB	Trimble Inc.	−9,954	15,802	$808,746
DHR	Danaher Corp	−8,533	3,717	$708,014
KEYS	Keysight Technologies, Inc.	−8,325	24,752	$8,664,932
PLD	Prologis, Inc.	−6,127	27,249	$3,691,422
VIAV	Viavi Solutions Inc.	−5,701	17,824	$851,096
MSGS	Madison Square Garden Sports Corp.	−5,028	11,297	$4,539,586
NVT	nVent Electric plc	−4,927	4,626	$784,615
EGP	Eastgroup Properties Inc	−4,817	20,906	$4,234,092
RL	Ralph Lauren Corp	−4,779	3,389	$1,360,378
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−4,768	5,589	$2,669,138
MTSI	MACOM Technology Solutions Holdings, Inc.	−3,410	3,447	$1,311,135
ADI	Analog Devices Inc	−3,269	4,069	$1,616,084
TER	Teradyne, Inc	−2,978	2,545	$1,231,372
COHR	Coherent Corp.	−2,480	1,171	$461,924
MRVL	Marvell Technology, Inc.	−2,399	2,800	$834,092
HD	Home Depot, Inc.	−2,225	3,384	$1,193,469
HUBB	Hubbell Inc	−2,187	2,161	$1,130,635
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MSM	Msc Industrial Direct Co Inc	32,085	$3,816,510
FWONK	Liberty Media Corp	29,692	$2,824,896
MAR	Marriott International Inc	7,542	$2,794,989
PLXS	Plexus Corp	8,832	$2,655,517
AMAT	Applied Materials Inc	3,472	$2,510,256
RPM	Rpm International Inc	22,270	$2,475,310
SPOT	Spotify Technology S.A.	5,281	$2,424,665
HLT	Hilton Worldwide Holdings Inc.	6,405	$2,116,596
LEVI	Levi Strauss & Co	79,860	$1,982,923
AIT	Applied Industrial Technologies Inc	5,232	$1,769,200
GH	Guardant Health, Inc.	10,580	$1,587,317
IEX	Idex Corp	6,941	$1,575,259
AVY	Avery Dennison Corp	9,682	$1,571,872
RVMD	Revolution Medicines, Inc.	8,328	$1,559,667
CDNS	Cadence Design Systems Inc	4,008	$1,504,282
MAS	Masco Corp	18,125	$1,474,831
STM	STMicroelectronics N.V.	19,539	$1,463,275
RSPH	Victory Portfolios II	41,000	$1,360,790
Q	Qnity Electronics, Inc.	8,316	$1,358,085
TOL	Toll Brothers, Inc.	8,172	$1,346,337
CGNX	Cognex Corp	17,340	$1,255,762
AROC	Archrock, Inc.	28,663	$1,166,870
DELL	Dell Technologies Inc.	2,703	$1,166,236
LRCX	Lam Research Corp	2,349	$1,017,892
IVZ	Invesco Ltd.	37,987	$1,002,476
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HON	Honeywell International Inc	8,350	$1,887,350
WAB	Westinghouse Air Brake Technologies Corp	7,411	$1,852,083
BA	Boeing Co	8,500	$1,691,755
FDX	Fedex Corp	4,700	$1,674,046
LMT	Lockheed Martin Corp	2,765	$1,671,138
FLEX	Flex Ltd.	25,358	$1,659,934
NET	Cloudflare, Inc.	5,954	$1,228,548
STLD	Steel Dynamics Inc	6,508	$1,171,440
IDXX	Idexx Laboratories Inc	1,965	$1,104,113
SHOP	Shopify Inc.	9,188	$1,089,880
AMRZ	Amrize Ltd	18,806	$1,053,512
MCO	Moodys Corp	2,382	$1,039,147
AEHR	Aehr Test Systems	27,807	$1,031,083
COST	Costco Wholesale Corp	982	$978,494
TECH	BIO-TECHNE Corp	17,936	$937,335
VLTO	Veralto Corp	9,947	$879,513
HSY	Hershey Co	4,168	$866,485
CRH	Crh Public Ltd Co	8,192	$861,143
SPXC	SPX Technologies, Inc.	4,295	$858,742
VMI	Valmont Industries Inc	2,144	$856,678
AEIS	Advanced Energy Industries Inc	2,500	$806,775
AMD	Advanced Micro Devices Inc	3,950	$803,548
TSEM	Tower Semiconductor Ltd	4,100	$719,468
CAT	Caterpillar Inc	965	$683,663
DECK	Deckers Outdoor Corp	6,673	$667,900
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

124 tracked positions · $200,551,974 total · filing declares 126 positions · $201,451,169 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 124 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
KEYS	Keysight Technologies, Inc. Technology	Reduced	24,752	-8,325	$8,664,932	−7.2%	7	$170.39	4.32%
ROKU	Roku, Inc PUT Communication Services	Added	46,600	+19,500	$6,437,324	+151.0%	—	—	3.21%
BE	Bloom Energy Corp CALL + SHARES Industrials	Added	18,169	+15,106	$5,499,756	+1225.2%	2	$187.36	2.74%
MSGS	Madison Square Garden Sports Corp. Communication Services	Reduced	11,297	-5,028	$4,539,586	−13.5%	5	$201.28	2.26%
CBRS	Cerebras Systems Inc. PUT Technology	NEW	20,000	NEW	$4,420,000	NEW	—	—	2.20%
EGP	Eastgroup Properties Inc Real Estate	Reduced	20,906	-4,817	$4,234,092	−11.1%	6	$175.41	2.11%
MSM	Msc Industrial Direct Co Inc Industrials	NEW	32,085	NEW	$3,816,510	NEW	1	$106.22	1.90%
PLD	Prologis, Inc. Real Estate	Reduced	27,249	-6,127	$3,691,422	−16.3%	24	$114.07	1.84%
ORCL	Oracle Corp PUT Technology	Added	23,600	+14,900	$3,458,580	+170.2%	—	—	1.72%
HNGE	Hinge Health, Inc. Healthcare	Reduced	39,673	-40,068	$3,292,859	+7.1%	5	$43.47	1.64%
MSGE	Madison Square Garden Entertainment Corp. Communication Services	Reduced	37,839	-33,857	$3,060,796	−27.5%	5	$44.73	1.53%
AME	Ametek Inc Industrials	Added	12,553	+2,295	$3,037,072	+38.1%	2	$223.71	1.51%
FWONK	Liberty Media Corp Communication Services	NEW	29,692	NEW	$2,824,896	NEW	1	$89.41	1.41%
TKO	TKO Group Holdings, Inc. Communication Services	Reduced	13,996	-18,423	$2,817,534	−56.9%	12	$121.12	1.40%
MAR	Marriott International Inc Consumer Cyclical	NEW	7,542	NEW	$2,794,989	NEW	1	$368.78	1.39%
SXT	Sensient Technologies Corp Basic Materials	Added	22,588	+11,583	$2,784,874	+192.8%	6	$97.99	1.39%
SBUX	Starbucks Corp Consumer Cyclical	Added	27,018	+14,718	$2,760,969	+150.6%	3	$93.26	1.38%
LYV	Live Nation Entertainment, Inc. Communication Services	Reduced	15,068	-638	$2,759,101	+15.2%	10	$119.50	1.38%
DGX	Quest Diagnostics Inc Healthcare	Reduced	12,889	-2,066	$2,731,823	−6.8%	2	$194.29	1.36%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Added	17,034	+9,900	$2,702,614	+158.4%	3	unpriced	1.35%
CLH	Clean Harbors Inc Industrials	Reduced	8,985	-2,042	$2,684,268	−15.1%	2	$272.92	1.34%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	5,589	-29,068	$2,669,138	−77.2%	6	$226.27	1.33%
PLXS	Plexus Corp Technology	NEW	8,832	NEW	$2,655,517	NEW	1	$260.80	1.32%
AMAT	Applied Materials Inc Technology	NEW	3,472	NEW	$2,510,256	NEW	1	$461.39	1.25%
FOR	Forestar Group Inc. Real Estate	Reduced	79,222	-31,743	$2,507,376	−7.5%	4	$25.62	1.25%
RPM	Rpm International Inc Basic Materials	NEW	22,270	NEW	$2,475,310	NEW	1	$104.31	1.23%
SPOT	Spotify Technology S.A. Communication Services	NEW	5,281	NEW	$2,424,665	NEW	1	$476.71	1.21%
EBAY	Ebay Inc Consumer Cyclical	Added	20,710	+8,567	$2,314,342	+109.4%	2	$96.81	1.15%
AMZN	Amazon Com Inc Consumer Cyclical	Added	9,667	+1,960	$2,304,032	+43.5%	12	$175.53	1.15%
RTX	RTX Corp Industrials	Added	12,031	+2,307	$2,282,641	+21.7%	8	$131.53	1.14%
CMC	COMMERCIAL METALS Co CALL + SHARES Industrials	NEW	35,706	NEW	$2,240,551	NEW	1	$70.32	1.12%
UPST	Upstart Holdings, Inc. PUT Financial Services	Added	61,900	+9,900	$2,193,117	+64.4%	—	—	1.09%
CHYM	Chime Financial, Inc. PUT Technology	Added	106,000	+8,900	$2,170,880	+19.4%	—	—	1.08%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	NEW	6,405	NEW	$2,116,596	NEW	1	$328.65	1.06%
LEVI	Levi Strauss & Co Consumer Cyclical	NEW	79,860	NEW	$1,982,923	NEW	1	$22.54	0.99%
TDY	Teledyne Technologies Inc Technology	Reduced	2,941	-462	$1,961,352	−4.7%	6	$494.63	0.98%
ROK	Rockwell Automation, Inc Industrials	Added	3,914	+1,941	$1,937,743	+173.7%	5	$369.92	0.97%
RBC	RBC Bearings INC Industrials	Added	3,004	+597	$1,934,756	+48.0%	2	$543.64	0.96%
EQIX	Equinix Inc Real Estate	Added	1,774	+314	$1,849,199	+29.2%	2	$921.16	0.92%
AIT	Applied Industrial Technologies Inc Industrials	NEW	5,232	NEW	$1,769,200	NEW	1	$306.79	0.88%
CSX	Csx Corp Industrials	Added	36,259	+11,252	$1,723,390	+67.9%	2	$41.04	0.86%
WWD	Woodward, Inc. Industrials	Reduced	3,810	-812	$1,620,926	−2.0%	3	$301.79	0.81%
ADI	Analog Devices Inc Technology	Reduced	4,069	-3,269	$1,616,084	−30.8%	2	$318.18	0.81%
GH	Guardant Health, Inc. Healthcare	NEW	10,580	NEW	$1,587,317	NEW	1	$108.76	0.79%
IEX	Idex Corp Industrials	NEW	6,941	NEW	$1,575,259	NEW	1	$211.56	0.79%
AVY	Avery Dennison Corp Consumer Cyclical	Reduced	9,682	-6,118	$1,571,872	−42.4%	1	$162.83	0.78%
RVMD	Revolution Medicines, Inc. Healthcare	NEW	8,328	NEW	$1,559,667	NEW	1	$146.07	0.78%
CDNS	Cadence Design Systems Inc Technology	NEW	4,008	NEW	$1,504,282	NEW	1	$350.44	0.75%
MAS	Masco Corp Industrials	NEW	18,125	NEW	$1,474,831	NEW	1	$69.77	0.74%
STM	STMicroelectronics N.V. Technology	Reduced	19,539	-10,461	$1,463,275	+41.2%	1	$60.14	0.73%

Showing the top 50 of 124 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.