Sandbar Asset Management LLP

CIK

1756870

Location

LONDON, X0

Portfolio Value

Micro $27,596,960

Diversification

Diversified

Filing Date

Global Rank

#6,833 / 7,036 ▼ 18 · as of Sep 2023

Top Industry

Specialty Industrial Machinery 21.8%

3Y Alpha vs SPY

+21.3%

Period ended 3 years ago

Filed Nov 9, 2023 · 2y

15 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 Sep 30, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 49.6%, 27.5 effective positions, active share 94.5% against the Dow Jones Industrial Average as of 2023-10-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

115.0% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 3.6 quarters (under 4)

Closest benchmark: the Dow Jones Industrial Average as of 2023-10-31, active share 94.5%; sector active share 66.2% against the combined 13F book's sector weights.

Over time 15 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.

View clone backtest

Portfolio Concentration

39 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

5.8%

+1.0 pts

Top 5

27.3%

+4.7 pts

Top 10

49.6%

+7.8 pts

HHI

364

Diversified+52

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Industrials	66.3%	$18,294,316	17
Consumer Cyclical	10.7%	$2,948,876	5
Technology	9.5%	$2,631,577	7
Basic Materials	9.4%	$2,603,590	7
Energy	2.1%	$583,357	2
Consumer Defensive	1.9%	$535,244	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
XPO	XPO, Inc.	+4,705	17,490	$1,305,803
HON	Honeywell International Inc	+3,367	8,379	$1,547,936
GT	Goodyear Tire & Rubber Co	+2,666	45,393	$564,234
AME	Ametek Inc	+1,971	9,990	$1,476,122
KNX	Knight-Swift Transportation Holdings Inc.	+1,807	21,105	$1,058,415
UNP	Union Pacific Corp	+1,506	5,184	$1,055,617
PNR	PENTAIR plc	+1,151	20,803	$1,346,994
ORCL	Oracle Corp	+1,112	2,352	$249,123
CL	Colgate Palmolive Co	+956	7,527	$535,244
FTV	Fortive Corp	+859	14,908	$1,105,578
LHX	L3harris Technologies, Inc.	+843	6,180	$1,076,061
IFF	International Flavors & Fragrances Inc	+624	3,783	$257,887
AMD	Advanced Micro Devices Inc	+326	2,564	$263,630
PH	Parker-Hannifin Corp	+111	3,409	$1,327,873
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
FCX	Freeport-Mcmoran Inc	−12,309	6,952	$259,240
VRT	Vertiv Holdings Co	−9,110	14,014	$521,320
OC	Owens Corning	−6,088	3,751	$511,673
HWM	Howmet Aerospace Inc.	−4,887	16,491	$762,708
SHW	Sherwin Williams Co	−3,673	2,380	$607,019
VC	Visteon Corp	−2,280	7,546	$1,041,876
IR	Ingersoll Rand Inc.	−2,017	20,912	$1,332,512
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−1,979	3,016	$262,090
LNG	Cheniere Energy, Inc.	−1,726	1,671	$277,319
ALV	Autoliv Inc	−1,073	8,301	$800,880
TECK	Teck Resources Ltd	−1,021	12,945	$557,800
CACI	Caci International Inc	−744	820	$257,422
PCAR	Paccar Inc	−446	18,536	$1,575,930
ALB	Albemarle Corp	−363	827	$140,623
TDG	TransDigm Group INC	−314	898	$757,130
LII	Lennox International Inc	−285	4,241	$1,588,000
CF	CF Industries Holdings, Inc.	−184	3,431	$294,173
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
FLS	Flowserve Corp	13,502	$536,974
CSX	Csx Corp	16,691	$513,248
DD	DuPont de Nemours, Inc.	6,527	$486,848
OXY	Occidental Petroleum Corp	4,717	$306,038
IP	International Paper Co	7,845	$278,262
NKE	NIKE, Inc.	2,757	$263,624
PANW	Palo Alto Networks Inc	1,073	$251,554
MSFT	Microsoft Corp	767	$242,180
No positions match the current search.

Sold Out

Positions the filer fully exited

11 positions

Ticker	Company	Shares	Value
ETN	Eaton Corp plc	8,092	$1,627,301
LIN	Linde PLC	3,430	$1,307,104
JCI	Johnson Controls International plc	15,386	$1,048,402
MTZ	Mastec Inc	6,750	$796,297
NSC	Norfolk Southern Corp	3,369	$763,954
HAYW	Hayward Holdings, Inc.	44,902	$576,990
KO	Coca Cola Co	8,260	$497,417
DOW	Dow Inc.	4,901	$261,027
CNH	CNH Industrial N.V.	10,607	$152,740
GOOGL	Alphabet Inc.	1,254	$150,103
GIS	General Mills Inc	1,867	$143,198
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

39 tracked positions · $27,596,960 total · filing declares 41 positions · $30,505 · as of Sep 30, 2023

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LII	Lennox International Inc Industrials	Reduced	4,241	-285	$1,588,000	+7.6%	5	$272.60	5.75%
PCAR	Paccar Inc Industrials	Reduced	18,536	-446	$1,575,930	−0.8%	3	unpriced	5.71%
HON	Honeywell International Inc Industrials	Added	8,379	+3,367	$1,547,936	+48.8%	2	unpriced	5.61%
AME	Ametek Inc Industrials	Added	9,990	+1,971	$1,476,122	+13.7%	6	$129.70	5.35%
PNR	PENTAIR plc Industrials	Added	20,803	+1,151	$1,346,994	+6.1%	3	$54.25	4.88%
IR	Ingersoll Rand Inc. Industrials	Reduced	20,912	-2,017	$1,332,512	−11.1%	6	$52.19	4.83%
PH	Parker-Hannifin Corp Industrials	Added	3,409	+111	$1,327,873	+3.2%	5	$281.37	4.81%
XPO	XPO, Inc. Industrials	Added	17,490	+4,705	$1,305,803	+73.1%	2	$51.67	4.73%
FTV	Fortive Corp Technology	Added	14,908	+859	$1,105,578	+5.2%	2	$67.55	4.01%
LHX	L3harris Technologies, Inc. Industrials	Added	6,180	+843	$1,076,061	+3.0%	3	$195.80	3.90%
KNX	Knight-Swift Transportation Holdings Inc. Industrials	Added	21,105	+1,807	$1,058,415	−1.3%	4	$54.89	3.84%
UNP	Union Pacific Corp Industrials	Added	5,184	+1,506	$1,055,617	+40.3%	3	$207.06	3.83%
VC	Visteon Corp Consumer Cyclical	Reduced	7,546	-2,280	$1,041,876	−26.2%	8	$125.38	3.78%
ALV	Autoliv Inc Consumer Cyclical	Reduced	8,301	-1,073	$800,880	+0.5%	5	$83.44	2.90%
HWM	Howmet Aerospace Inc. Industrials	Reduced	16,491	-4,887	$762,708	−28.0%	12	$31.18	2.76%
TDG	TransDigm Group INC Industrials	Reduced	898	-314	$757,130	−30.1%	2	$790.91	2.74%
SHW	Sherwin Williams Co Basic Materials	Reduced	2,380	-3,673	$607,019	−62.2%	2	$235.43	2.20%
GT	Goodyear Tire & Rubber Co Consumer Cyclical	Added	45,393	+2,666	$564,234	−3.5%	2	$12.55	2.04%
TECK	Teck Resources Ltd Basic Materials	Reduced	12,945	-1,021	$557,800	−5.1%	2	$42.97	2.02%
FLS	Flowserve Corp Industrials	NEW	13,502	NEW	$536,974	NEW	1	$38.61	1.95%
CL	Colgate Palmolive Co Consumer Defensive	Added	7,527	+956	$535,244	+5.7%	3	$74.41	1.94%
VRT	Vertiv Holdings Co Industrials	Reduced	14,014	-9,110	$521,320	−9.0%	2	$17.17	1.89%
CSX	Csx Corp Industrials	NEW	16,691	NEW	$513,248	NEW	1	$31.68	1.86%
OC	Owens Corning Industrials	Reduced	3,751	-6,088	$511,673	−60.1%	6	$96.21	1.85%
DD	DuPont de Nemours, Inc. Basic Materials	NEW	6,527	NEW	$486,848	NEW	1	$74.85	1.76%
OXY	Occidental Petroleum Corp Energy	NEW	4,717	NEW	$306,038	NEW	1	$62.92	1.11%
CF	CF Industries Holdings, Inc. Basic Materials	Reduced	3,431	-184	$294,173	+17.2%	4	$91.42	1.07%
IP	International Paper Co Consumer Cyclical	NEW	7,845	NEW	$278,262	NEW	1	$34.00	1.01%
LNG	Cheniere Energy, Inc. Energy	Reduced	1,671	-1,726	$277,319	−46.4%	3	$150.99	1.00%
AMD	Advanced Micro Devices Inc Technology	Added	2,564	+326	$263,630	+3.4%	2	$104.58	0.96%
NKE	NIKE, Inc. Consumer Cyclical	NEW	2,757	NEW	$263,624	NEW	1	$102.86	0.96%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	3,016	-1,979	$262,090	−48.0%	2	$93.07	0.95%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	6,952	-12,309	$259,240	−66.4%	4	$36.65	0.94%
IFF	International Flavors & Fragrances Inc Basic Materials	Added	3,783	+624	$257,887	+2.6%	2	$83.91	0.93%
CACI	Caci International Inc Technology	Reduced	820	-744	$257,422	−51.7%	3	$301.99	0.93%
PANW	Palo Alto Networks Inc Technology	NEW	1,073	NEW	$251,554	NEW	1	$236.67	0.91%
ORCL	Oracle Corp Technology	Added	2,352	+1,112	$249,123	+68.7%	2	$109.24	0.90%
MSFT	Microsoft Corp Technology	NEW	767	NEW	$242,180	NEW	1	$330.44	0.88%
ALB	Albemarle Corp Basic Materials	Reduced	827	-363	$140,623	−47.0%	6	unpriced	0.51%

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.