Sandler Capital Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Sandler Capital Management disclosed 104 US equity positions worth $307.5m in its Q1 2025 13F filing. The largest position was VRSK at 3.7% of the reported book, followed by RTX and AMZN. Against the Q4 2024 filing, it opened 13 new positions, added to 9 and reduced 28 among the top 50 holdings.
What did Sandler Capital Management own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | VRSK VERISK ANALYTICS INC | Industrials | 3.7% | $11.3m | 38,023 | 8% | added |
| 2 | RTX RTX CORPORATION | Industrials | 2.4% | $7.4m | 55,996 | 16% | added |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 2.3% | $7.2m | 37,792 | -25% | reduced |
| 4 | LLY ELI LILLY & CO | Healthcare | 2.2% | $6.8m | 8,262 | 9% | added |
| 5 | GLW CORNING INC | Technology | 2.2% | $6.7m | 146,756 | -24% | reduced |
| 6 | CBOE CBOE GLOBAL MKTS INC | Financial Services | 2.2% | $6.6m | 29,319 | -37% | reduced |
| 7 | ISRG INTUITIVE SURGICAL INC | Healthcare | 2.1% | $6.6m | 13,315 | 20% | added |
| 8 | TKO TKO GROUP HOLDINGS INC | Communication Services | 2.1% | $6.3m | 41,364 | -43% | reduced |
| 9 | VMI VALMONT INDS INC | Industrials | 2.1% | $6.3m | 22,099 | 25% | added |
| 10 | LNG CHENIERE ENERGY INC | Energy | 2.0% | $6.3m | 27,088 | -19% | reduced |
| 11 | SYK STRYKER CORPORATION | Healthcare | 2.0% | $6.2m | 16,591 | -49% | reduced |
| 12 | TRMB TRIMBLE INC | Technology | 1.9% | $5.9m | 90,045 | -15% | reduced |
| 13 | SXT SENSIENT TECHNOLOGIES CORP | Basic Materials | 1.9% | $5.9m | 78,796 | – | new |
| 14 | WMB WILLIAMS COS INC | Energy | 1.8% | $5.7m | 94,840 | -50% | reduced |
| 15 | FICO FAIR ISAAC CORP | Technology | 1.8% | $5.6m | 3,024 | -15% | reduced |
| 16 | KEYS KEYSIGHT TECHNOLOGIES INC | Technology | 1.7% | $5.2m | 34,587 | 349% | added |
| 17 | SHW SHERWIN WILLIAMS CO | Basic Materials | 1.6% | $5.0m | 14,458 | -47% | reduced |
| 18 | TLN TALEN ENERGY CORP | Utilities | 1.6% | $4.9m | 24,551 | – | new |
| 19 | ZBH ZIMMER BIOMET HOLDINGS INC | Healthcare | 1.5% | $4.7m | 41,804 | – | new |
| 20 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 1.5% | $4.6m | 35,579 | -17% | reduced |
| 21 | GDDY GODADDY INC | Technology | 1.5% | $4.6m | 25,582 | -50% | reduced |
| 22 | WCC WESCO INTL INC | Industrials | 1.5% | $4.6m | 29,482 | -26% | reduced |
| 23 | WM WASTE MGMT INC DEL | Industrials | 1.5% | $4.5m | 19,617 | -37% | reduced |
| 24 | GVA GRANITE CONSTR INC | Industrials | 1.5% | $4.5m | 59,517 | -44% | reduced |
| 25 | FISV FISERV INC | 1.4% | $4.3m | 19,460 | -41% | reduced | |
| 26 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 1.4% | $4.2m | 41,782 | 19% | added |
| 27 | TDY TELEDYNE TECHNOLOGIES INC | Technology | 1.3% | $4.0m | 8,063 | – | new |
| 28 | CCJ CAMECO CORP | Energy | 1.3% | $4.0m | 97,052 | -51% | reduced |
| 29 | UBER UBER TECHNOLOGIES INC | Technology | 1.3% | $4.0m | 54,222 | – | new |
| 30 | ETN EATON CORP PLC | Industrials | 1.2% | $3.8m | 14,108 | -51% | reduced |
| 31 | SPGI S&P GLOBAL INC | Financial Services | 1.2% | $3.7m | 7,349 | 950% | added |
| 32 | LLYVK LIBERTY MEDIA CORP DEL | 1.2% | $3.7m | 40,785 | -64% | reduced | |
| 33 | AERCAP HOLDINGS NV | 1.2% | $3.7m | 35,744 | -24% | reduced | |
| 34 | EGP EASTGROUP PPTYS INC | Real Estate | 1.2% | $3.6m | 20,564 | – | new |
| 35 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 1.2% | $3.6m | 72,080 | – | new |
| 36 | CW CURTISS WRIGHT CORP | Industrials | 1.2% | $3.6m | 11,312 | -50% | reduced |
| 37 | NFLX NETFLIX INC | Communication Services | 1.1% | $3.5m | 3,771 | -61% | reduced |
| 38 | ABNB AIRBNB INC | Consumer Cyclical | 1.1% | $3.5m | 29,321 | -42% | reduced |
| 39 | DGX QUEST DIAGNOSTICS INC | Healthcare | 1.1% | $3.4m | 19,993 | – | new |
| 40 | HD HOME DEPOT INC | Consumer Cyclical | 1.1% | $3.3m | 9,132 | – | new |
| 41 | HO1 HOLOGIC INC | 1.1% | $3.3m | 53,824 | 21% | added | |
| 42 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 1.1% | $3.2m | 5,899 | -72% | reduced |
| 43 | SG SWEETGREEN INC | Consumer Cyclical | 1.1% | $3.2m | 129,620 | – | new |
| 44 | META META PLATFORMS INC | Communication Services | 1.0% | $3.1m | 5,298 | -46% | reduced |
| 45 | LNN LINDSAY CORP | Industrials | 1.0% | $3.0m | 23,994 | – | new |
| 46 | HOOD ROBINHOOD MKTS INC | Financial Services | 0.9% | $2.7m | 64,348 | – | new |
| 47 | MIR MIRION TECHNOLOGIES INC | Industrials | 0.9% | $2.6m | 181,787 | -68% | reduced |
| 48 | TREX TREX CO INC | Industrials | 0.8% | $2.6m | 44,911 | -50% | reduced |
| 49 | GTLB GITLAB INC | Technology | 0.8% | $2.6m | 54,748 | -12% | reduced |
| 50 | SNOW SNOWFLAKE INC | Technology | 0.8% | $2.6m | 17,564 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.