Sandler Capital Management: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1000742) · Explore on the interactive board
Sandler Capital Management disclosed 112 US equity positions worth $169.3m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is KEYS at 5.1% of the reported book, followed by MSGS, EGP. The top ten holdings are 23.6% of the book, and the portfolio behaves like about 71 equal-weight positions. Versus the prior filing it opened 46 new positions, added to 21, reduced 44 and exited 25. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Sandler Capital Management own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 46 new, 21 added, 44 reduced, 25 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | KEYS KEYSIGHT TECHNOLOGIES INC | Technology | 5.1% | $8.7m | 24,752 | -25% | reduced |
| 2 | MSGS MADISON SQUARE GRDN SPRT COR | Communication Services | 2.7% | $4.5m | 11,297 | -31% | reduced |
| 3 | EGP EASTGROUP PPTYS INC | Real Estate | 2.5% | $4.2m | 20,906 | -19% | reduced |
| 4 | MSM MSC INDL DIRECT INC | Industrials | 2.3% | $3.8m | 32,085 | – | new |
| 5 | PLD PROLOGIS INC. | Real Estate | 2.2% | $3.7m | 27,249 | -18% | reduced |
| 6 | HNGE HINGE HEALTH INC | Healthcare | 1.9% | $3.3m | 39,673 | 27% | added |
| 7 | MSGE MADISON SQUARE GARDEN ENTMT | Communication Services | 1.8% | $3.1m | 37,839 | -47% | reduced |
| 8 | AME AMETEK INC | Industrials | 1.8% | $3.0m | 12,553 | 22% | added |
| 9 | LLYVK LIBERTY MEDIA CORP DEL | Communication Services | 1.7% | $2.8m | 29,692 | – | new |
| 10 | TKO TKO GROUP HOLDINGS INC | Communication Services | 1.7% | $2.8m | 13,996 | -57% | reduced |
| 11 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 1.7% | $2.8m | 7,542 | – | new |
| 12 | SXT SENSIENT TECHNOLOGIES CORP | Basic Materials | 1.6% | $2.8m | 22,588 | 105% | added |
| 13 | SBUX STARBUCKS CORP | Consumer Cyclical | 1.6% | $2.8m | 27,018 | 120% | added |
| 14 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 1.6% | $2.8m | 15,068 | -4% | reduced |
| 15 | DGX QUEST DIAGNOSTICS INC | Healthcare | 1.6% | $2.7m | 12,889 | -14% | reduced |
| 16 | XLV SELECT SECTOR SPDR TR | 1.6% | $2.7m | 17,034 | 139% | added | |
| 17 | CLH CLEAN HARBORS INC | Industrials | 1.6% | $2.7m | 8,985 | -19% | reduced |
| 18 | TSM TAIWAN SEMICONDUCTOR MANUFAC | Technology | 1.6% | $2.7m | 5,589 | -46% | reduced |
| 19 | PLXS PLEXUS CORP | Technology | 1.6% | $2.7m | 8,832 | – | new |
| 20 | AMAT APPLIED MATLS INC | Technology | 1.5% | $2.5m | 3,472 | – | new |
| 21 | FOR FORESTAR GROUP INC | Real Estate | 1.5% | $2.5m | 79,222 | -29% | reduced |
| 22 | RPM RPM INTL INC | Basic Materials | 1.5% | $2.5m | 22,270 | – | new |
| 23 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 1.4% | $2.4m | 5,281 | – | new |
| 24 | EBAY EBAY INC. | Consumer Cyclical | 1.4% | $2.3m | 20,710 | 71% | added |
| 25 | AMZN AMAZON COM INC | Consumer Cyclical | 1.4% | $2.3m | 9,667 | 25% | added |
| 26 | RTX RTX CORPORATION | Industrials | 1.3% | $2.3m | 12,031 | 24% | added |
| 27 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 1.3% | $2.1m | 6,405 | – | new |
| 28 | LEVI LEVI STRAUSS & CO NEW | Consumer Cyclical | 1.2% | $2.0m | 79,860 | – | new |
| 29 | TDY TELEDYNE TECHNOLOGIES INC | Technology | 1.2% | $2.0m | 2,941 | -14% | reduced |
| 30 | ROK ROCKWELL AUTOMATION INC | Industrials | 1.1% | $1.9m | 3,914 | 98% | added |
| 31 | RBC RBC BEARINGS INC | Industrials | 1.1% | $1.9m | 3,004 | 25% | added |
| 32 | EQIX EQUINIX INC | Real Estate | 1.1% | $1.8m | 1,774 | 22% | added |
| 33 | AIT APPLIED INDL TECHNOLOGIES IN | Industrials | 1.0% | $1.8m | 5,232 | – | new |
| 34 | CSX CSX CORP | Industrials | 1.0% | $1.7m | 36,259 | 45% | added |
| 35 | WWD WOODWARD INC | Industrials | 1.0% | $1.6m | 3,810 | -18% | reduced |
| 36 | ADI ANALOG DEVICES INC | Technology | 1.0% | $1.6m | 4,069 | -45% | reduced |
| 37 | GH GUARDANT HEALTH INC | Healthcare | 0.9% | $1.6m | 10,580 | – | new |
| 38 | IEX IDEX CORP | Industrials | 0.9% | $1.6m | 6,941 | – | new |
| 39 | AVY AVERY DENNISON CORP | Consumer Cyclical | 0.9% | $1.6m | 9,682 | – | new |
| 40 | RVMD REVOLUTION MEDICINES INC | Healthcare | 0.9% | $1.6m | 8,328 | – | new |
| 41 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 0.9% | $1.5m | 4,008 | – | new |
| 42 | MAS MASCO CORP | Industrials | 0.9% | $1.5m | 18,125 | – | new |
| 43 | BE BLOOM ENERGY CORP | Industrials | 0.9% | $1.5m | 4,869 | 59% | added |
| 44 | STM STMICROELECTRONICS N V | Technology | 0.9% | $1.5m | 19,539 | – | new |
| 45 | TLN TALEN ENERGY CORP | Utilities | 0.9% | $1.5m | 3,775 | 114% | added |
| 46 | SPHR SPHERE ENTERTAINMENT CO | Communication Services | 0.9% | $1.4m | 8,339 | -15% | reduced |
| 47 | LHX L3HARRIS TECHNOLOGIES INC | Industrials | 0.8% | $1.4m | 4,858 | -26% | reduced |
| 48 | CAVA CAVA GROUP INC | Consumer Cyclical | 0.8% | $1.4m | 17,874 | 95% | added |
| 49 | RSPH INVESCO EXCHANGE TRADED FD T | 0.8% | $1.4m | 41,000 | – | new | |
| 50 | RL RALPH LAUREN CORP | Consumer Cyclical | 0.8% | $1.4m | 3,389 | -59% | reduced |
What did Sandler Capital Management sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| HONGBP HONEYWELL INTL INC | 5.9% | $1.9m |
| WAB WABTEC | 5.8% | $1.9m |
| BA BOEING CO | 5.3% | $1.7m |
| FDX FEDEX CORP | 5.2% | $1.7m |
| LMT LOCKHEED MARTIN CORP | 5.2% | $1.7m |
| FLEX FLEXTRONICS INTL LTD | 5.2% | $1.7m |
| NET CLOUDFLARE INC | 3.8% | $1.2m |
| STLD STEEL DYNAMICS INC | 3.7% | $1.2m |
| IDXX IDEXX LABS INC | 3.5% | $1.1m |
| SHOP SHOPIFY INC | 3.4% | $1.1m |
| AMRZ AMRIZE LTD | 3.3% | $1.1m |
| MCO MOODYS CORP | 3.3% | $1.0m |
| AEHR AEHR TEST SYS | 3.2% | $1.0m |
| COST COSTCO WHOLESALE CORPORATION | 3.1% | $978.5k |
| TECH BIO-TECHNE CORP | 2.9% | $937.3k |
| VLTO VERALTO CORP | 2.8% | $879.5k |
| HSY HERSHEY CO | 2.7% | $866.5k |
| CRH CRH PLC | 2.7% | $861.1k |
| SPXC SPX TECHNOLOGIES INC | 2.7% | $858.7k |
| VMI VALMONT INDS INC | 2.7% | $856.7k |
| AEIS ADVANCED ENERGY INDS | 2.5% | $806.8k |
| AMD ADVANCED MICRO DEVICES INC | 2.5% | $803.5k |
| TSEM TOWER SEMICONDUCTOR LTD | 2.3% | $719.5k |
| CAT CATERPILLAR INC | 2.1% | $683.7k |
| DECK DECKERS OUTDOOR CORP | 2.1% | $667.9k |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 23.5% |
| Industrials | 21.4% |
| Consumer Cyclical | 13.1% |
| Communication Services | 12.6% |
| Healthcare | 7.6% |
| Real Estate | 7.3% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Sandler Capital Management's portfolio?
Across every quarter Sandler Capital Management has filed, its median largest position is 5.7% of the book and its median top-ten weight is 27.7%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 34.0 completed holding spells, the median lasted 1.0 quarters; 112.0 positions are still open and their final length is unknown.