Sandler Capital Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Sandler Capital Management reported 119 stock positions worth $272.1 million. Its top holding was Corning (GLW) at 5.1% of the portfolio, followed by Tko (TKO, 4.5%) and Meta Platforms Class A (META, 3.8%). Compared with Q2 2025, it opened 46 new positions, sold out of 50, added to 22 and reduced 51. The biggest buy was Tko (TKO, shares +52%) and the biggest sale an exit from eBay (EBAY).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001000742
- Portfolio Value
- $272.1M (Q3 2025)
- SEC Filing
- 0001140361-25-042347 ↗ filed Nov 14, 2025
Holdings Value
Holdings 119 stocks · $272.1M
| GLW Corning Inc. | 5.05% | 167,621 | $13.7M | Reduce -6.3% |
| TKO Tko Group Holdings Inc. | 4.54% | 61,176 | $12.4M | Add +52.2% |
| META Meta Platforms Inc. Class A | 3.81% | 14,120 | $10.4M | Add +51.3% |
| KEYS Keysight Technologies Inc. | 2.31% | 35,962 | $6.3M | Add +20.4% |
| HOLX Hologic Inc. | 2.05% | 82,638 | $5.6M | Reduce -22.8% |
| LITE Lumentum Holdings Inc. | 2.03% | 33,994 | $5.5M | Reduce -31.6% |
| RTX RTX Corp. | 1.81% | 29,414 | $4.9M | Reduce -2.3% |
| TSM Taiwan Semiconductor-SP ADR | 1.68% | 16,332 | $4.6M | Add +112.1% |
| APH Amphenol Corp. Class A | 1.66% | 36,508 | $4.5M | New |
| AAPL Apple Inc. | 1.60% | 17,052 | $4.3M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.45% | 27,325 | $3.9M | Add +356.3% |
| CLH Clean Harbors Inc. | 1.41% | 16,540 | $3.8M | Reduce -2.7% |
| SNOW Snowflake Inc. | 1.41% | 16,998 | $3.8M | Reduce -1.1% |
| BX Blackstone Inc. | 1.32% | 21,063 | $3.6M | Add +86.5% |
| CW Curtiss-Wright Corp. | 1.28% | 6,400 | $3.5M | Reduce -4.6% |
| VMI Valmont Industries | 1.27% | 8,936 | $3.5M | Reduce -57.3% |
| CBOE Cboe Global Markets Inc. | 1.24% | 13,796 | $3.4M | Add +32.6% |
| MSGS Madison Square Garden Sports | 1.24% | 14,888 | $3.4M | Reduce -16.8% |
| DY Dycom Industries Inc. | 1.20% | 11,184 | $3.3M | New |
| TRMB Trimble Inc. | 1.20% | 39,895 | $3.3M | Reduce -31.7% |
| AMZN Amazon.com Inc. | 1.19% | 14,684 | $3.2M | Reduce -8.1% |
| BHP BHP Group Ltd.-Spon ADR | 1.17% | 57,068 | $3.2M | New |
| PLD Prologis Inc. | 1.15% | 27,389 | $3.1M | Add +18.5% |
| TDY Teledyne Technologies Inc. | 1.14% | 5,300 | $3.1M | Reduce -26.9% |
| SPOT Spotify Technology SA | 1.13% | 4,407 | $3.1M | Add +20.5% |
| EGP Eastgroup Properties Inc. | 1.11% | 17,816 | $3.0M | Reduce -18.2% |
| SPXC SPX Technologies Inc. | 1.10% | 16,005 | $3.0M | Add +41.0% |
| GVA Granite Construction Inc. | 1.08% | 26,750 | $2.9M | Reduce -47.5% |
| MLM Martin Marietta Materials | 1.08% | 4,644 | $2.9M | New |
| CRH CRH PLC | 1.03% | 23,481 | $2.8M | Add +20.9% |
| CAT Caterpillar Inc. | 1.02% | 5,835 | $2.8M | New |
| A Agilent Technologies Inc. | 1.02% | 21,589 | $2.8M | Add +36.3% |
| SPHR Sphere Entertainment Co. | 1.01% | 44,428 | $2.8M | Reduce -36.6% |
| GLD SPDR Gold Shares | 1.01% | 7,700 | $2.7M | New |
| CCJ Cameco Corp. | 1.00% | 32,379 | $2.7M | Reduce -32.3% |
| SHOP Shopify Inc. Class A | 0.99% | 18,195 | $2.7M | Reduce -44.1% |
| MSFT Microsoft Corp. | 0.99% | 5,206 | $2.7M | Reduce -14.4% |
| NFLX Netflix Inc. | 0.98% | 2,229 | $2.7M | Add +20.6% |
| NVT Nvent Electric PLC | 0.96% | 26,512 | $2.6M | New |
| CBRE CBRE Group Inc. Class A | 0.96% | 16,564 | $2.6M | Add +52.8% |
| HNGE Hinge Health Inc. Class A | 0.95% | 52,728 | $2.6M | Add +1.4% |
| GDX Vaneck Gold Miners ETF | 0.95% | 33,700 | $2.6M | New |
| SLV iShares Silver Trust | 0.92% | 59,000 | $2.5M | New |
| HD Home Depot Inc. | 0.91% | 6,104 | $2.5M | New |
| CYBR Cyberark Software Ltd./Israel | 0.85% | 4,806 | $2.3M | Reduce -33.6% |
| VRT Vertiv Holdings Co. Class A | 0.82% | 14,831 | $2.2M | Reduce -3.5% |
| HURN Huron Consulting Group Inc. | 0.81% | 15,028 | $2.2M | New |
| AVGO Broadcom Inc. | 0.79% | 6,474 | $2.1M | Add +661.6% |
| TLN Talen Energy Corp. | 0.78% | 5,013 | $2.1M | Reduce -62.3% |
| MC Moelis & Co. Class A | 0.74% | 28,120 | $2.0M | New |
| NOC Northrop Grumman Corp. | 0.73% | 3,270 | $2.0M | Add +92.3% |
| FERG Ferguson Enterprises Inc. | 0.73% | 8,844 | $2.0M | New |
| GRPN Groupon Inc. | 0.73% | 84,986 | $2.0M | Add +123.7% |
| NVDA Nvidia Corp. | 0.72% | 10,570 | $2.0M | Reduce -36.2% |
| PH Parker Hannifin Corp. | 0.71% | 2,533 | $1.9M | New |
| ETN Eaton Corp. PLC | 0.69% | 4,986 | $1.9M | Reduce -42.1% |
| AXON Axon Enterprise Inc. | 0.68% | 2,573 | $1.8M | Add +458.1% |
| ZS Zscaler Inc. | 0.67% | 6,061 | $1.8M | Reduce -34.0% |
| AER Aercap Holdings NV | 0.66% | 14,775 | $1.8M | Reduce -53.8% |
| MIR Mirion Technologies Inc. | 0.65% | 76,526 | $1.8M | Reduce -14.4% |
| BSX Boston Scientific Corp. | 0.65% | 18,004 | $1.8M | Add +13.1% |
| PAAS Pan American Silver Corp. | 0.62% | 43,681 | $1.7M | New |
| AROC Archrock Inc. | 0.59% | 61,164 | $1.6M | Reduce -16.9% |
| TXT Textron Inc. | 0.59% | 18,900 | $1.6M | New |
| PL Planet Labs PBC | 0.56% | 116,439 | $1.5M | New |
| RGEN Repligen Corp. | 0.56% | 11,304 | $1.5M | New |
| IDXX Idexx Laboratories Inc. | 0.55% | 2,360 | $1.5M | New |
| LLY Eli Lilly & Co. | 0.54% | 1,941 | $1.5M | Reduce -31.3% |
| LNG Cheniere Energy Inc. | 0.54% | 6,221 | $1.5M | Reduce -40.0% |
| ELF Elf Beauty Inc. | 0.54% | 11,014 | $1.5M | New |
| MRCY Mercury Systems Inc. | 0.53% | 18,628 | $1.4M | New |
| CTOS Custom Truck One Source Inc. | 0.52% | 221,289 | $1.4M | New |
| ATMU Atmus Filtration Technologie | 0.52% | 31,135 | $1.4M | New |
| GOOG Alphabet Inc. Class C | 0.51% | 5,699 | $1.4M | Reduce -27.6% |
| EVR Evercore Inc. Class A | 0.51% | 4,088 | $1.4M | Reduce -11.1% |
| FWONK Liberty Media Corp. Class C | 0.50% | 12,966 | $1.4M | Add +139.8% |
| MSGE Madison Square Garden Entert | 0.49% | 29,280 | $1.3M | Reduce -36.7% |
| FOR Forestar Group Inc. | 0.49% | 49,765 | $1.3M | New |
| URI United Rentals Inc. | 0.48% | 1,381 | $1.3M | New |
| LYV Live Nation Entertainment Inc. | 0.47% | 7,828 | $1.3M | Reduce -63.0% |
| GNRC Generac Holdings Inc. | 0.47% | 7,583 | $1.3M | New |
| ACM Aecom | 0.46% | 9,652 | $1.3M | New |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 0.46% | 97,500 | $1.3M | New |
| HUBB Hubbell Inc. | 0.44% | 2,810 | $1.2M | Reduce -49.9% |
| VLTO Veralto Corp. | 0.44% | 11,264 | $1.2M | Reduce -55.9% |
| LMT Lockheed Martin Corp. | 0.44% | 2,394 | $1.2M | New |
| CEG Constellation Energy | 0.43% | 3,555 | $1.2M | Reduce -25.9% |
| WCC Wesco International Inc. | 0.43% | 5,519 | $1.2M | Reduce -21.3% |
| GE General Electric filed as GE AEROSPACE | 0.42% | 3,802 | $1.1M | New |
| LHX L3HARRIS Technologies Inc. | 0.41% | 3,652 | $1.1M | New |
| LEU Centrus Energy Corp. Class A | 0.41% | 3,554 | $1.1M | New |
| BABA Alibaba Group Holding-SP ADR | 0.40% | 6,136 | $1.1M | New |
| ROK Rockwell Automation Inc. | 0.40% | 3,093 | $1.1M | Reduce -53.3% |
| AIT Applied Industrial Tech Inc. | 0.39% | 4,099 | $1.1M | New |
| UEC Uranium Energy Corp. | 0.38% | 77,663 | $1.0M | New |
| DHR Danaher Corp. | 0.38% | 5,220 | $1.0M | New |
| FIS Fidelity National Info Serv | 0.37% | 15,401 | $1.0M | Reduce -68.3% |
| SHW The Sherwin-Williams Co. | 0.37% | 2,895 | $1.0M | Reduce -44.1% |
| SXT Sensient Technologies Corp. | 0.36% | 10,320 | $969K | Reduce -70.5% |
| NTNX Nutanix Inc. Class A | 0.35% | 12,875 | $958K | Reduce -45.2% |
| VST Vistra Corp. | 0.35% | 4,875 | $955K | Reduce -81.1% |
| CELH Celsius Holdings Inc. | 0.35% | 16,591 | $954K | New |
| ULTA Ulta Beauty Inc. | 0.34% | 1,672 | $914K | New |
| LNN Lindsay Corp. | 0.31% | 5,943 | $835K | Reduce -14.5% |
| CRDO Credo Technology Group Holdi | 0.30% | 5,696 | $829K | New |
| WBD Warner Bros Discovery Inc. | 0.30% | 41,744 | $815K | New |
| STLD Steel Dynamics Inc. | 0.30% | 5,842 | $815K | Reduce -16.9% |
| CERT Certara Inc. | 0.29% | 64,672 | $790K | Reduce -56.3% |
| FND Floor & Decor Holdings Inc. Class A | 0.28% | 10,418 | $768K | New |
| MCHP Microchip Technology Inc. | 0.25% | 10,545 | $677K | New |
| FOXA Fox Corp. Class A | 0.24% | 10,384 | $655K | Reduce -69.4% |
| ABNB Airbnb Inc. Class A | 0.23% | 5,145 | $625K | Reduce -71.7% |
| MD Pediatrix Medical Group Inc. | 0.21% | 33,752 | $565K | Reduce -51.7% |
| COHR Coherent Corp. | 0.20% | 5,119 | $551K | Reduce -82.4% |
| AEIS Advanced Energy Industries | 0.20% | 3,227 | $549K | Reduce -88.7% |
| CGNX Cognex Corp. | 0.20% | 12,053 | $546K | New |
| GD General Dynamics Corp. | 0.19% | 1,500 | $512K | New |
| ZG Zillow Group Inc. Class A | 0.18% | 6,523 | $486K | New |
| FICO Fair Isaac Corp. | 0.15% | 281 | $421K | Add +14.7% |
Options reported separately and not counted above: ROKU puts ($10.0M), GOGO puts ($7.9M), GOOG calls ($6.1M), TSLA puts ($4.3M), G puts ($4.1M), OKTA calls ($3.6M), FLO puts ($3.2M), GM calls ($3.0M), EBAY calls ($2.7M), EL puts ($2.6M), DHI calls ($2.3M), CORZ calls ($2.2M), and 13 more.
Portfolio Sells Q2 2025 → Q3 2025
| EBAY eBay Inc. | Sold out | 0.00% | −2.19 |
| BLK BlackRock Inc. | Sold out | 0.00% | −1.93 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −1.77 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −1.44 |
| VST Vistra Corp. | Reduce -81.1% | 0.35% | −1.39 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −1.32 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −1.12 |
| AEIS Advanced Energy Industries | Reduce -88.7% | 0.20% | −1.12 |
| VMI Valmont Industries | Reduce -57.3% | 1.27% | −1.10 |
| JBL Jabil Inc. | Sold out | 0.00% | −1.08 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −1.01 |
| FIS Fidelity National Info Serv | Reduce -68.3% | 0.37% | −1.00 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −1.00 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.86 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.85 |
| SXT Sensient Technologies Corp. | Reduce -70.5% | 0.36% | −0.84 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.81 |
| XSD SS SPDR S&P Semiconductor | Sold out | 0.00% | −0.80 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.79 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.76 |
| COHR Coherent Corp. | Reduce -82.4% | 0.20% | −0.70 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.68 |
| AER Aercap Holdings NV | Reduce -53.8% | 0.66% | −0.64 |
| LYV Live Nation Entertainment Inc. | Reduce -63.0% | 0.47% | −0.64 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.62 |
| PKG Packaging Corp. of America | Sold out | 0.00% | −0.61 |
| ABNB Airbnb Inc. Class A | Reduce -71.7% | 0.23% | −0.61 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.60 |
| GVA Granite Construction Inc. | Reduce -47.5% | 1.08% | −0.58 |
| TLN Talen Energy Corp. | Reduce -62.3% | 0.78% | −0.56 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.52 |
| PRCT Procept Biorobotics Corp. | Sold out | 0.00% | −0.51 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.49 |
| VLTO Veralto Corp. | Reduce -55.9% | 0.44% | −0.46 |
| GAP The Gap Inc. | Sold out | 0.00% | −0.45 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.45 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.44 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.44 |
| FOXA Fox Corp. Class A | Reduce -69.4% | 0.24% | −0.42 |
| HEI Heico Corp. | Sold out | 0.00% | −0.41 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.39 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.38 |
| ETN Eaton Corp. PLC | Reduce -42.1% | 0.69% | −0.38 |
| HOLX Hologic Inc. | Reduce -22.8% | 2.05% | −0.37 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.37 |
| ROK Rockwell Automation Inc. | Reduce -53.3% | 0.40% | −0.37 |
| HUBB Hubbell Inc. | Reduce -49.9% | 0.44% | −0.35 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.35 |
| TRMB Trimble Inc. | Reduce -31.7% | 1.20% | −0.34 |
| LNG Cheniere Energy Inc. | Reduce -40.0% | 0.54% | −0.34 |
Portfolio Buys Q2 2025 → Q3 2025
| TKO Tko Group Holdings Inc. | Add +52.2% | 4.54% | +2.00 |
| APH Amphenol Corp. Class A | New | 1.66% | +1.66 |
| AAPL Apple Inc. | New | 1.60% | +1.60 |
| META Meta Platforms Inc. Class A | Add +51.3% | 3.81% | +1.42 |
| DY Dycom Industries Inc. | New | 1.20% | +1.20 |
| TJX TJX Companies Inc. | Add +356.3% | 1.45% | +1.19 |
| BHP BHP Group Ltd.-Spon ADR | New | 1.17% | +1.17 |
| MLM Martin Marietta Materials | New | 1.08% | +1.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +112.1% | 1.68% | +1.07 |
| CAT Caterpillar Inc. | New | 1.02% | +1.02 |
| GLD SPDR Gold Shares | New | 1.01% | +1.01 |
| NVT Nvent Electric PLC | New | 0.96% | +0.96 |
| GDX Vaneck Gold Miners ETF | New | 0.95% | +0.95 |
| SLV iShares Silver Trust | New | 0.92% | +0.92 |
| HD Home Depot Inc. | New | 0.91% | +0.91 |
| HURN Huron Consulting Group Inc. | New | 0.81% | +0.81 |
| MC Moelis & Co. Class A | New | 0.74% | +0.74 |
| BX Blackstone Inc. | Add +86.5% | 1.32% | +0.74 |
| FERG Ferguson Enterprises Inc. | New | 0.73% | +0.73 |
| PH Parker Hannifin Corp. | New | 0.71% | +0.71 |
| AVGO Broadcom Inc. | Add +661.6% | 0.79% | +0.70 |
| PAAS Pan American Silver Corp. | New | 0.62% | +0.62 |
| KEYS Keysight Technologies Inc. | Add +20.4% | 2.31% | +0.61 |
| TXT Textron Inc. | New | 0.59% | +0.59 |
| PL Planet Labs PBC | New | 0.56% | +0.56 |
| RGEN Repligen Corp. | New | 0.56% | +0.56 |
| IDXX Idexx Laboratories Inc. | New | 0.55% | +0.55 |
| AXON Axon Enterprise Inc. | Add +458.1% | 0.68% | +0.55 |
| ELF Elf Beauty Inc. | New | 0.54% | +0.54 |
| MRCY Mercury Systems Inc. | New | 0.53% | +0.53 |
| CTOS Custom Truck One Source Inc. | New | 0.52% | +0.52 |
| ATMU Atmus Filtration Technologie | New | 0.52% | +0.52 |
| FOR Forestar Group Inc. | New | 0.49% | +0.49 |
| URI United Rentals Inc. | New | 0.48% | +0.48 |
| GNRC Generac Holdings Inc. | New | 0.47% | +0.47 |
| ACM Aecom | New | 0.46% | +0.46 |
| INFQ Infleqtion Inc. | New | 0.46% | +0.46 |
| LMT Lockheed Martin Corp. | New | 0.44% | +0.44 |
| SPXC SPX Technologies Inc. | Add +41.0% | 1.10% | +0.44 |
| NOC Northrop Grumman Corp. | Add +92.3% | 0.73% | +0.44 |
| CBRE CBRE Group Inc. Class A | Add +52.8% | 0.96% | +0.43 |
| GE General Electric | New | 0.42% | +0.42 |
| CRH CRH PLC | Add +20.9% | 1.03% | +0.42 |
| LHX L3HARRIS Technologies Inc. | New | 0.41% | +0.41 |
| LEU Centrus Energy Corp. Class A | New | 0.41% | +0.41 |
| BABA Alibaba Group Holding-SP ADR | New | 0.40% | +0.40 |
| CBOE Cboe Global Markets Inc. | Add +32.6% | 1.24% | +0.40 |
| AIT Applied Industrial Tech Inc. | New | 0.39% | +0.39 |
| UEC Uranium Energy Corp. | New | 0.38% | +0.38 |
| DHR Danaher Corp. | New | 0.38% | +0.38 |
Options Activity Q2 2025 → Q3 2025
| ROKU Roku Inc. | put | New | 100,000 | $10.0M |
| GOGO Gogo Inc. | put | Reduce -20.6% | 919,200 | $7.9M |
| META Meta Platforms Inc. Class A | call | Sold out | 10,000 | $7.4Mbefore exit |
| TXN Texas Instruments Inc. | call | Sold out | 33,900 | $7.0Mbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 39,900 | $6.3Mbefore exit |
| GOOG Alphabet Inc. Class C | call | New | 24,900 | $6.1M |
| LYV Live Nation Entertainment Inc. | put | Sold out | 34,900 | $5.3Mbefore exit |
| RDDT Reddit Inc. Class A | put | Sold out | 32,600 | $4.9Mbefore exit |
| PRKS United Parks & Resorts Inc. | put | Sold out | 97,400 | $4.6Mbefore exit |
| TSLA Tesla Inc. | put | New | 9,700 | $4.3M |
| G Genpact Ltd. | put | New | 98,200 | $4.1M |
| OKTA Okta Inc. | call | Add +13.7% | 39,000 | $3.6M |
| FLO Flowers Foods Inc. | put | Add +240.3% | 247,400 | $3.2M |
| GM General Motors Co. | call | New | 49,000 | $3.0M |
| EBAY eBay Inc. | call | New | 29,300 | $2.7M |
| EL Estee Lauder Companies Class A | put | Add +1.4% | 29,100 | $2.6M |
| DHI D.R. Horton Inc. | call | New | 13,400 | $2.3M |
| CORZ Core Scientific Inc. | call | New | 123,400 | $2.2M |
| TECH Bio-Techne Corp. | call | Reduce -16.5% | 39,500 | $2.2M |
| FCX Freeport-McMoran Inc. | call | Sold out | 50,000 | $2.2Mbefore exit |
| NKE Nike Inc. Class B | put | New | 29,600 | $2.1M |
| COIN Coinbase Global Inc. Class A | put | Sold out | 5,600 | $2.0Mbefore exit |
| KHC The Kraft Heinz Co. | put | Sold out | 70,000 | $1.8Mbefore exit |
| M Macy's Inc. | put | New | 100,000 | $1.8M |
| OKLO Oklo Inc. | put | Sold out | 28,400 | $1.6Mbefore exit |
| UPST Upstart Holdings Inc. | put | Reduce -41.2% | 29,400 | $1.5M |
| KLG WK Kellogg Co. | put | Sold out | 93,000 | $1.5Mbefore exit |
| UAL United Airlines Holdings Inc. | call | Reduce -61.2% | 14,500 | $1.4M |
| SYM Symbotic Inc. | call | Sold out | 35,000 | $1.4Mbefore exit |
| TOL Toll Brothers Inc. | call | New | 9,700 | $1.3M |
| UEC Uranium Energy Corp. | call | New | 98,800 | $1.3M |
| LION Lionsgate Studios Corp. | call | New | 170,400 | $1.2M |
| MP MP Materials Corp. | call | Sold out | 35,000 | $1.2Mbefore exit |
| CZR Caesars Entertainment Inc. | put | New | 39,000 | $1.1M |
| PTON Peloton Interactive Inc. Class A | call | Reduce -50.0% | 116,400 | $1.0M |
| NOK Nokia Corp.-Spon ADR | call | New | 150,000 | $722K |
| INFY Infosys Ltd.-SP ADR | put | New | 32,800 | $534K |
| FDS Factset Research Systems Inc. | put | New | 1,100 | $315K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 3,000 | $204Kbefore exit |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Sold out | 150,000 | $199Kbefore exit |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 125,000 | $192Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 112 | $169.3M | KEYS, MSGS, EGP, MSM, PLD |
| Q1 2026 | 100 | $147.2M | KEYS, TKO, MSGS, EGP, PLD |
| Q4 2025 | 108 | $222.2M | KEYS, GLW, TKO, PLD, RTX |
| Q3 2025 | 119 | $272.1M | GLW, TKO, META, KEYS, HOLX |
| Q2 2025 | 123 | $287.8M | GLW, TKO, HOLX, META, VMI |
| Q1 2025 | 100 | $306.0M | VRSK, RTX, AMZN, LLY, GLW |
| Q4 2024 | 119 | $610.4M | SHOP, SYK, NET, AMZN, CRL |
| Q3 2024 | 113 | $517.0M | TKO, META, LYV, ETN, GLW |
| Q2 2024 | 88 | $507.4M | CLH, XYL, LYV, META, TKO |
| Q1 2024 | 102 | $820.4M | CLH, XYL, LYV, CAE, MLM |