Sandler Capital Management
Annual return '25
+30.5%
SPY '25
+17.7%
Alpha
+12.8ptsvs SPY
Invested
$193.1M
Holdings
118
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 93%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$TSM
TAIWAN SEMICONDUCTOR MANUFAC
Q4 2025: Exited (was 16.3k shares)
6.1%
02
$KEYS
KEYSIGHT TECHNOLOGIES INC
Q4 2025: Exited (was 36.0k shares)
4.8%
03
$NVDA
NVIDIA CORPORATION
Q4 2025: Exited (was 10.6k shares)
4.1%
04
$TKO
TKO GROUP HOLDINGS INC
Q4 2025: Exited (was 61.2k shares)
3.4%
05
$MSGS
MADISON SQUARE GRDN SPRT COR
Q4 2025: Exited (was 14.9k shares)
2.7%
06
$EGP
EASTGROUP PPTYS INC
Q4 2025: Exited (was 17.8k shares)
2.5%
07
$PLD
PROLOGIS INC.
Q1 2026: Increased +17.9% (325.2k → 383.5k shares)
2.3%
08
$MSGE
MADISON SQUARE GARDEN ENTMT
Q4 2025: Exited (was 29.3k shares)
2.2%
09
$DWD
MORGAN STANLEY
Q1 2025: Exited (was 20.0k shares)
2.1%
10
$CRWV
COREWEAVE INC
Held since at least Q1 2024
2.0%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 06:31 UTC.