Q1 2026 · 13F-HR
SANDLER CAPITAL MANAGEMENTholdings as filed
Filed 2026-05-15 · accession 0001140361-26-021674
$193.1M
Reported value
120
Positions
2026-03-31
Period end
The Brief · SANDLER CAPITAL MANAGEMENT · Q1 2026
AI · grounded in 13F
Sandler Capital Management closed its position in C for a reduction of $5.25M. The fund also exited positions in HO1 and NVDA, reducing its holdings by $5.13M and $4.47M respectively. On the buy side, the fund established new positions in CRWV for $3.79M and XYZ for $3.61M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $9.3M | 4.84% | 33,077 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $8.2M | 4.25% | 24,300 | PUT | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $6.5M | 3.38% | 32,419 | Common | SOLE |
| 55825T103 | MSGS | MADISON SQUARE GRDN SPRT COR | $5.2M | 2.72% | 16,325 | Common | SOLE |
| 277276101 | EGP | EASTGROUP PPTYS INC | $4.8M | 2.47% | 25,723 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $4.4M | 2.28% | 33,376 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $4.2M | 2.19% | 71,696 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $4.1M | 2.13% | 25,000 | PUT | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $3.8M | 1.96% | 48,900 | PUT | SOLE |
| 852234103 | XYZ | BLOCK INC | $3.6M | 1.87% | 60,000 | PUT | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $3.5M | 1.81% | 10,357 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $3.2M | 1.64% | 11,027 | Common | SOLE |
| 74834L100 | DGX | QUEST DIAGNOSTICS INC | $2.9M | 1.52% | 14,955 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $2.9M | 1.49% | 29,100 | CALL | SOLE |
| 751212101 | RL | RALPH LAUREN CORP | $2.8M | 1.45% | 8,168 | Common | SOLE |
| 053611109 | AVY | AVERY DENNISON CORP | $2.7M | 1.41% | 15,800 | CALL | SOLE |
| 219350105 | GLW | CORNING INC | $2.7M | 1.41% | 19,970 | Common | SOLE |
| 346232101 | FOR | FORESTAR GROUP INC | $2.7M | 1.40% | 110,965 | Common | SOLE |
| 77543R102 | ROKU | ROKU INC | $2.6M | 1.33% | 27,100 | CALL | SOLE |
| 037833100 | AAPL | APPLE INC | $2.5M | 1.27% | 9,700 | CALL | SOLE |
| 03990B101 | ARES | ARES MANAGEMENT CORPORATION | $2.5M | 1.27% | 22,500 | PUT | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $2.4M | 1.24% | 15,706 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $2.3M | 1.21% | 7,338 | Common | SOLE |
| 235851102 | DHR | DANAHER CORP DEL | $2.3M | 1.20% | 12,250 | Common | SOLE |
| 502431109 | LHX | L3HARRIS TECHNOLOGIES INC | $2.3M | 1.18% | 6,604 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $2.2M | 1.14% | 10,258 | Common | SOLE |
| 443510607 | HUBB | HUBBELL INC | $2.1M | 1.10% | 4,348 | Common | SOLE |
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $2.1M | 1.07% | 3,403 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $2.0M | 1.03% | 2,171 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $1.9M | 0.98% | 8,350 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $1.9M | 0.97% | 9,724 | Common | SOLE |
| 433313103 | HNGE | HINGE HEALTH INC | $1.9M | 0.97% | 48,400 | CALL | SOLE |
| 929740108 | WAB | WABTEC | $1.9M | 0.96% | 7,411 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $1.8M | 0.96% | 5,609 | Common | SOLE |
| 16935C109 | CHYM | CHIME FINL INC | $1.8M | 0.94% | 97,100 | PUT | SOLE |
| 097023105 | BA | BOEING CO | $1.7M | 0.88% | 8,500 | Common | SOLE |
| 896239100 | TRMB | TRIMBLE INC | $1.7M | 0.87% | 25,756 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $1.7M | 0.87% | 4,700 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $1.7M | 0.87% | 2,765 | Common | SOLE |
| Y2573F102 | FLEX | FLEXTRONICS INTL LTD | $1.7M | 0.86% | 25,358 | Common | SOLE |
| 980745103 | WWD | WOODWARD INC | $1.7M | 0.86% | 4,622 | Common | SOLE |
| 880770102 | TER | TERADYNE INC | $1.6M | 0.85% | 5,523 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.6M | 0.83% | 7,707 | Common | SOLE |
| 55405Y100 | MTSI | MACOM TECH SOLUTIONS HLDGS I | $1.5M | 0.79% | 6,857 | Common | SOLE |
| 654902204 | NOK | NOKIA CORP | $1.5M | 0.75% | 180,418 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $1.4M | 0.74% | 1,460 | Common | SOLE |
| 83406F102 | SOFI | SOFI TECHNOLOGIES INC | $1.4M | 0.74% | 90,000 | PUT | SOLE |
| G54950103 | LIN | LINDE PLC | $1.4M | 0.73% | 2,850 | Common | SOLE |
| 91680M107 | UPST | UPSTART HLDGS INC | $1.3M | 0.69% | 52,000 | PUT | SOLE |
| G1827P106 | CEPT | CANTOR EQUITY PARTNERS II IN | $1.3M | 0.68% | 121,000 | Common | SOLE |
| 75524B104 | RBC | RBC BEARINGS INC | $1.3M | 0.68% | 2,407 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $1.3M | 0.66% | 8,700 | PUT | SOLE |
| 00846U101 | A | AGILENT TECHNOLOGIES INC | $1.2M | 0.64% | 10,893 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $1.2M | 0.64% | 5,954 | Common | SOLE |
| 53626N102 | LION | LIONSGATE STUDIOS CORP | $1.2M | 0.63% | 127,100 | CALL | SOLE |
| 433313103 | HNGE | HINGE HEALTH INC | $1.2M | 0.63% | 31,341 | Common | SOLE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $1.2M | 0.61% | 4,188 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $1.2M | 0.61% | 6,508 | Common | SOLE |
| 55826T102 | SPHR | SPHERE ENTERTAINMENT CO | $1.2M | 0.60% | 9,822 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $1.1M | 0.59% | 25,700 | PUT | SOLE |
| G6700G107 | NVT | NVENT ELEC PLC | $1.1M | 0.59% | 9,553 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $1.1M | 0.57% | 12,143 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $1.1M | 0.57% | 1,965 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $1.1M | 0.57% | 12,300 | Common | SOLE |
| 67059N108 | NTNX | NUTANIX INC | $1.1M | 0.57% | 28,800 | CALL | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $1.1M | 0.56% | 9,188 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $1.1M | 0.56% | 3,800 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $1.1M | 0.55% | 18,806 | Common | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $1.0M | 0.54% | 7,134 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $1.0M | 0.54% | 2,382 | Common | SOLE |
| 861012102 | STM | STMICROELECTRONICS N V | $1.0M | 0.54% | 30,000 | CALL | SOLE |
| 00760J108 | AEHR | AEHR TEST SYS | $1.0M | 0.53% | 27,807 | Common | SOLE |
| 126408103 | CSX | CSX CORP | $1.0M | 0.53% | 25,007 | Common | SOLE |
| 231561101 | CW | CURTISS WRIGHT CORP | $995,797 | 0.52% | 1,462 | Common | SOLE |
| 22160K105 | COST | COSTCO WHOLESALE CORPORATION | $978,494 | 0.51% | 982 | Common | SOLE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $951,272 | 0.49% | 11,005 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP | $937,335 | 0.49% | 17,936 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP | $897,085 | 0.46% | 7,100 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $879,514 | 0.46% | 9,947 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $869,705 | 0.45% | 3,651 | Common | SOLE |
| 427866108 | HSY | HERSHEY CO | $866,486 | 0.45% | 4,168 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $861,143 | 0.45% | 8,192 | Common | SOLE |
| 088606108 | BHP | BHP BILLITON LIMITED | $859,059 | 0.44% | 11,810 | Common | SOLE |
| 78473E103 | SPXC | SPX TECHNOLOGIES INC | $858,742 | 0.44% | 4,295 | Common | SOLE |
| 920253101 | VMI | VALMONT INDS INC | $856,678 | 0.44% | 2,144 | Common | SOLE |
| 23204X103 | CTOS | CUSTOM TRUCK ONE SOURCE INC | $809,956 | 0.42% | 123,281 | Common | SOLE |
| 007973100 | AEIS | ADVANCED ENERGY INDS | $806,775 | 0.42% | 2,500 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $803,549 | 0.42% | 3,950 | Common | SOLE |
| 925550105 | VIAV | VIAVI SOLUTIONS INC | $782,912 | 0.41% | 23,525 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $770,064 | 0.40% | 2,153 | Common | SOLE |
| 148929102 | CAVA | CAVA GROUP INC | $740,235 | 0.38% | 9,150 | Common | SOLE |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $719,468 | 0.37% | 4,100 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $708,070 | 0.37% | 1,973 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $693,445 | 0.36% | 5,055 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $683,664 | 0.35% | 965 | Common | SOLE |
| 267475101 | DY | DYCOM INDS INC | $677,301 | 0.35% | 1,999 | Common | SOLE |
| 485924104 | KRMN | KARMAN HLDGS INC | $676,423 | 0.35% | 8,450 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $667,901 | 0.35% | 6,673 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $601,545 | 0.31% | 2,097 | Common | SOLE |
| 45676K103 | INFQ | INFLEQTION INC | $596,370 | 0.31% | 60,792 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $562,848 | 0.29% | 825 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $561,845 | 0.29% | 1,760 | Common | SOLE |
| 466313103 | JBL | JABIL INC | $538,698 | 0.28% | 2,028 | Common | SOLE |
| 343498101 | FLO | FLOWERS FOODS INC | $530,565 | 0.27% | 65,100 | PUT | SOLE |
| 12504L109 | CBRE | CBRE GROUP INC | $528,159 | 0.27% | 3,899 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $527,070 | 0.27% | 750 | Common | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $526,608 | 0.27% | 39,008 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $514,961 | 0.27% | 5,199 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $471,171 | 0.24% | 320 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $450,441 | 0.23% | 3,567 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $415,006 | 0.21% | 3,063 | Common | SOLE |
| 38046C109 | GOGO | GOGO INC | $384,312 | 0.20% | 95,600 | PUT | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $352,875 | 0.18% | 18,982 | Common | SOLE |
| 29362U104 | ENTG | ENTEGRIS INC | $340,230 | 0.18% | 2,902 | Common | SOLE |
| 15643U104 | LEU | CENTRUS ENERGY CORP | $337,112 | 0.17% | 1,942 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $310,024 | 0.16% | 730 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $297,846 | 0.15% | 2,212 | Common | SOLE |
| 83443Q103 | SOLS | SOLSTICE ADVANCED MATLS INC | $254,146 | 0.13% | 3,337 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SEC SOLUTIO | $228,241 | 0.12% | 3,237 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $200,138 | 0.10% | 2,888 | 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.