Q4 2024 · 13F-HR
SANDLER CAPITAL MANAGEMENTholdings as filed
Filed 2025-02-14 · accession 0001140361-25-004741
$962.9M
Reported value
151
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $72.3M | 7.51% | 366,200 | PUT | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $35.7M | 3.70% | 200,000 | PUT | SOLE |
| 91680M107 | UPST | UPSTART HLDGS INC | $28.6M | 2.97% | 464,900 | PUT | SOLE |
| 36467W109 | GME | GAMESTOP CORP NEW | $17.7M | 1.84% | 564,600 | PUT | SOLE |
| 037833100 | AAPL | APPLE INC | $16.6M | 1.72% | 66,200 | PUT | SOLE |
| 30303M102 | META | META PLATFORMS INC | $15.6M | 1.62% | 26,700 | CALL | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $15.5M | 1.61% | 145,723 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $14.0M | 1.46% | 199,500 | PUT | SOLE |
| H11356104 | BG | BUNGE GLOBAL SA | $12.8M | 1.33% | 164,900 | PUT | SOLE |
| 556269108 | SHOO | MADDEN STEVEN LTD | $11.8M | 1.22% | 276,500 | PUT | SOLE |
| 09257W100 | BXMT | BLACKSTONE MTG TR INC | $11.7M | 1.21% | 670,900 | PUT | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $11.7M | 1.21% | 32,419 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $11.2M | 1.17% | 104,368 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $11.1M | 1.15% | 50,433 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $11.0M | 1.14% | 168,700 | PUT | SOLE |
| 038923108 | ABR | ARBOR REALTY TRUST INC | $10.9M | 1.13% | 786,100 | PUT | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $10.7M | 1.11% | 57,718 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $10.6M | 1.11% | 126,787 | Common | SOLE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $10.5M | 1.09% | 113,661 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $10.4M | 1.08% | 94,423 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $10.3M | 1.07% | 72,391 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $10.3M | 1.07% | 199,949 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $10.2M | 1.06% | 189,064 | Common | SOLE |
| 77543R102 | ROKU | ROKU INC | $10.2M | 1.06% | 137,100 | PUT | SOLE |
| 380237107 | GDDY | GODADDY INC | $10.2M | 1.06% | 51,633 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $10.0M | 1.04% | 23,754 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $10.0M | 1.04% | 572,451 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $9.7M | 1.01% | 35,300 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $9.6M | 1.00% | 29,017 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $9.5M | 0.99% | 21,315 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $9.5M | 0.99% | 44,439 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $9.5M | 0.98% | 18,308 | Common | SOLE |
| 387328107 | GVA | GRANITE CONSTR INC | $9.3M | 0.97% | 106,494 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $9.2M | 0.96% | 27,055 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $9.2M | 0.95% | 192,874 | Common | SOLE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $9.1M | 0.94% | 46,547 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $9.0M | 0.93% | 54,794 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $8.6M | 0.89% | 9,668 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $8.2M | 0.86% | 268,100 | PUT | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $8.2M | 0.85% | 219,900 | PUT | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $8.0M | 0.83% | 24,038 | Common | SOLE |
| 231561101 | CW | CURTISS WRIGHT CORP | $8.0M | 0.83% | 22,420 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $7.9M | 0.82% | 71,715 | Common | SOLE |
| 38046C109 | GOGO | GOGO INC | $7.6M | 0.78% | 934,300 | CALL | SOLE |
| 896239100 | TRMB | TRIMBLE INC | $7.5M | 0.78% | 106,176 | Common | SOLE |
| 95082P105 | WCC | WESCO INTL INC | $7.2M | 0.75% | 39,948 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $7.2M | 0.74% | 33,286 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $7.1M | 0.74% | 20,508 | Common | SOLE |
| 303250104 | FICO | FAIR ISAAC CORP | $7.1M | 0.73% | 3,542 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $7.0M | 0.72% | 131,000 | CALL | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $7.0M | 0.72% | 20,798 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $6.8M | 0.71% | 33,215 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $6.8M | 0.71% | 181,300 | PUT | SOLE |
| 443510607 | HUBB | HUBBELL INC | $6.7M | 0.70% | 16,107 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $6.7M | 0.69% | 50,906 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $6.4M | 0.66% | 27,613 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $6.3M | 0.66% | 31,283 | Common | SOLE |
| 89531P105 | TREX | TREX CO INC | $6.2M | 0.64% | 89,729 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $6.1M | 0.64% | 100,000 | PUT | SOLE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $6.1M | 0.63% | 199,800 | PUT | SOLE |
| 919794107 | VLY | VALLEY NATL BANCORP | $6.1M | 0.63% | 672,000 | PUT | SOLE |
| 256163106 | DOCU | DOCUSIGN INC | $6.0M | 0.62% | 66,509 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $5.9M | 0.62% | 96,736 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $5.9M | 0.61% | 33,285 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $5.8M | 0.61% | 7,562 | Common | SOLE |
| 02209S103 | MO | ALTRIA GROUP INC | $5.8M | 0.61% | 111,600 | PUT | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $5.8M | 0.60% | 11,109 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $5.8M | 0.60% | 9,860 | Common | SOLE |
| 443573100 | HUBS | HUBSPOT INC | $5.6M | 0.59% | 8,087 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $5.6M | 0.58% | 17,033 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $5.6M | 0.58% | 48,189 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $5.6M | 0.58% | 24,669 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $5.5M | 0.57% | 42,745 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $5.4M | 0.56% | 53,294 | Common | SOLE |
| 920253101 | VMI | VALMONT INDS INC | $5.4M | 0.56% | 17,633 | Common | SOLE |
| 366651107 | IT | GARTNER INC | $5.2M | 0.54% | 10,648 | Common | SOLE |
| 760759100 | RSG | REPUBLIC SVCS INC | $5.1M | 0.53% | 25,415 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $5.1M | 0.53% | 53,800 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $5.1M | 0.53% | 15,389 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $5.0M | 0.51% | 216,500 | CALL | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $4.9M | 0.51% | 42,991 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $4.7M | 0.49% | 33,996 | Common | SOLE |
| 980745103 | WWD | WOODWARD INC | $4.7M | 0.48% | 27,967 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $4.6M | 0.48% | 7,806 | Common | SOLE |
| V7780T103 | RCL | ROYAL CARIBBEAN GROUP | $4.6M | 0.48% | 19,895 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $4.6M | 0.48% | 22,589 | Common | SOLE |
| 364760108 | GAP | GAP INC | $4.6M | 0.48% | 193,619 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $4.5M | 0.47% | 37,439 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $4.5M | 0.47% | 47,227 | Common | SOLE |
| 880770102 | TER | TERADYNE INC | $4.4M | 0.46% | 35,175 | Common | SOLE |
| 896288107 | TNET | TRINET GROUP INC | $4.4M | 0.45% | 48,100 | CALL | SOLE |
| 148929102 | CAVA | CAVA GROUP INC | $4.2M | 0.44% | 37,501 | Common | SOLE |
| 74276L105 | PRCT | PROCEPT BIOROBOTICS CORP | $4.2M | 0.44% | 52,223 | Common | SOLE |
| 127203107 | WHD | CACTUS INC | $4.0M | 0.42% | 68,569 | Common | SOLE |
| 000360206 | AAON | AAON INC | $4.0M | 0.41% | 33,904 | Common | SOLE |
| 23355L106 | DXC | DXC TECHNOLOGY CO | $4.0M | 0.41% | 197,900 | PUT | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $3.7M | 0.39% | 22,270 | Common | SOLE |
| 04956D107 | ATMU | ATMUS FILTRATION TECHNOLOGIE | $3.7M | 0.38% | 94,285 | Common | SOLE |
| 759916109 | RGEN | REPLIGEN CORP | $3.7M | 0.38% | 25,393 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $3.5M | 0.36% | 62,372 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $3.3M | 0.34% | 22,974 | Common | SOLE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $3.3M | 0.34% | 13,476 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM COMMUNICATIONS INC | $3.2M | 0.34% | 39,700 | CALL | SOLE |
| 436440101 | HO1 | HOLOGIC INC | $3.2M | 0.33% | 44,534 | Common | SOLE |
| 74967X103 | RH | RH | $3.1M | 0.33% | 7,995 | Common | SOLE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $3.1M | 0.33% | 35,177 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $3.1M | 0.32% | 18,138 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $3.1M | 0.32% | 45,257 | Common | SOLE |
| 30214U102 | EXPO | EXPONENT INC | $3.1M | 0.32% | 34,861 | Common | SOLE |
| 98954M200 | Z | ZILLOW GROUP INC | $3.1M | 0.32% | 41,419 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $2.9M | 0.30% | 73,433 | Common | SOLE |
| 413160102 | HLIT | HARMONIC INC | $2.9M | 0.30% | 219,900 | CALL | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $2.6M | 0.27% | 12,093 | Common | SOLE |
| 03820C105 | AIT | APPLIED INDL TECHNOLOGIES IN | $2.6M | 0.27% | 10,690 | Common | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $2.5M | 0.26% | 38,695 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $2.5M | 0.26% | 19,954 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $2.5M | 0.26% | 46,596 | Common | SOLE |
| 98980G102 | ZS | ZSCALER INC | $2.5M | 0.26% | 13,697 | Common | SOLE |
| 311900104 | FAST | FASTENAL CO | $2.4M | 0.25% | 33,295 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $2.3M | 0.24% | 19,971 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $2.1M | 0.22% | 56,822 | Common | SOLE |
| 12504L109 | CBRE | CBRE GROUP INC | $2.0M | 0.21% | 15,122 | Common | SOLE |
| 097023105 | BA | BOEING CO | $2.0M | 0.21% | 11,161 | Common | SOLE |
| 26969P108 | EXP | EAGLE MATLS INC | $1.8M | 0.19% | 7,322 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $1.7M | 0.17% | 21,986 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $1.7M | 0.17% | 14,510 | Common | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $1.6M | 0.17% | 239,765 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $1.6M | 0.16% | 6,837 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.6M | 0.16% | 11,543 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $1.4M | 0.15% | 3,379 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $1.3M | 0.14% | 9,118 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $1.2M | 0.13% | 7,695 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $1.1M | 0.12% | 6,655 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $984,880 | 0.10% | 4,360 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $971,410 | 0.10% | 4,190 | Common | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $922,350 | 0.10% | 55,000 | PUT | SOLE |
| 03940R107 | ARCH1USD | ARCH RESOURCES INC | $494,270 | 0.05% | 3,500 | Common | SOLE |
| 29260Y109 | 0C3 | ENDEAVOR GROUP HLDGS INC | $469,350 | 0.05% | 15,000 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $445,511 | 0.05% | 7,066 | Common | SOLE |
| 958102AT2 | WDC 3 11/15/28 | WESTERN DIGITAL CORP | $397,500 | 0.04% | 300,000 | Common | SOLE |
| 37940X102 | GPN | GLOBAL PMTS INC | $392,210 | 0.04% | 3,500 | Common | SOLE |
| 097023204 | BA 6 10/15/27 | BOEING CO | $365,340 | 0.04% | 6,000 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $348,621 | 0.04% | 700 | Common | SOLE |
| 538034BA6 | LYV 3.125 01/15/29 | LIVE NATION ENTERTAINMENT IN | $340,150 | 0.04% | 250,000 | Common | SOLE |
| 531229AQ5 | FWONK 2.25 08/15/27 | LIBERTY MEDIA CORP DEL | $305,125 | 0.03% | 250,000 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $303,975 | 0.03% | 7,500 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $291,878 | 0.03% | 1,900 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $262,080 | 0.03% | 4,000 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $252,966 | 0.03% | 1,150 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $221,536 | 0.02% | 4,600 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $200,830 | 0.02% | 1,900 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.