13F HOLDINGS REPORT
SANDLER CAPITAL MANAGEMENT
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001140361-26-005786
Total Value
$305.3M
Positions
141
Other Managers
0
Confidential Omitted
No
Holdings (141)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | KEYSIGHT TECHNOLOGIES INC | KEYS | 49,571 | $10.1M | 3.30% |
| 2 | CORNING INC | GLW | 113,038 | $9.9M | 3.24% |
| 3 | TKO GROUP HOLDINGS INC | TKO | 45,478 | $9.5M | 3.11% |
| 4 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 25,000 | $7.6M | 2.49% |
| 5 | CORNING INC | GLW | 75,000 | $6.6M | 2.15% |
| 6 | PROLOGIS INC. | PLDGP | 45,863 | $5.9M | 1.92% |
| 7 | RTX CORPORATION | RTX | 30,600 | $5.6M | 1.84% |
| 8 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 17,737 | $5.4M | 1.77% |
| 9 | CITIGROUP INC | C-PR | 45,000 | $5.3M | 1.72% |
| 10 | HOLOGIC INC | HOLX | 68,864 | $5.1M | 1.68% |
| 11 | MADISON SQUARE GRDN SPRT COR | 55825T103 | 19,786 | $5.1M | 1.68% |
| 12 | AVERY DENNISON CORP | AVY | 24,200 | $4.4M | 1.44% |
| 13 | ALPHABET INC | GOOG | 13,948 | $4.4M | 1.43% |
| 14 | EASTGROUP PPTYS INC | 277276101 | 24,175 | $4.3M | 1.41% |
| 15 | APPLE INC | AAPL | 15,000 | $4.1M | 1.34% |
| 16 | AMPHENOL CORP NEW | 032095101 | 30,071 | $4.1M | 1.33% |
| 17 | TE CONNECTIVITY PLC | TEL | 16,737 | $3.8M | 1.25% |
| 18 | LIVE NATION ENTERTAINMENT IN | LYV | 26,500 | $3.8M | 1.24% |
| 19 | NVIDIA CORPORATION | NVDA | 20,000 | $3.7M | 1.22% |
| 20 | MORGAN STANLEY | MS-PQ | 19,400 | $3.4M | 1.13% |
| 21 | COINBASE GLOBAL INC | COIN | 15,000 | $3.4M | 1.11% |
| 22 | LIBERTY MEDIA CORP DEL | FWONB | 34,036 | $3.4M | 1.10% |
| 23 | CAMECO CORP | CCJ | 36,185 | $3.3M | 1.08% |
| 24 | DANAHER CORPORATION | 235851102 | 14,300 | $3.3M | 1.07% |
| 25 | MADISON SQUARE GARDEN ENTMT | 558256103 | 59,748 | $3.2M | 1.05% |
| 26 | INFOSYS LTD | INFY | 180,000 | $3.2M | 1.05% |
| 27 | HONEYWELL INTL INC | 438516106 | 15,650 | $3.1M | 1.00% |
| 28 | AMAZON COM INC | AMZN | 12,838 | $3.0M | 0.97% |
| 29 | MERCK & CO INC | MRK | 27,900 | $2.9M | 0.96% |
| 30 | SPHERE ENTERTAINMENT CO | SPHR | 30,377 | $2.9M | 0.95% |
| 31 | DYCOM INDS INC | 267475101 | 8,405 | $2.8M | 0.93% |
| 32 | BHP GROUP LTD | BHPLF | 46,732 | $2.8M | 0.92% |
| 33 | CAESARS ENTERTAINMENT INC NE | 12769G100 | 120,000 | $2.8M | 0.92% |
| 34 | UNITED AIRLS HLDGS INC | UNTCW | 24,200 | $2.7M | 0.89% |
| 35 | AMPHENOL CORP NEW | 032095101 | 20,000 | $2.7M | 0.89% |
| 36 | CRH PLC | CRH | 21,246 | $2.7M | 0.87% |
| 37 | FORESTAR GROUP INC | FOR | 105,354 | $2.6M | 0.85% |
| 38 | AVERY DENNISON CORP | AVY | 14,200 | $2.6M | 0.85% |
| 39 | SYSCO CORP | SYY | 35,000 | $2.6M | 0.84% |
| 40 | BANK AMERICA CORP | 060505104 | 46,664 | $2.6M | 0.84% |
| 41 | RALPH LAUREN CORP | RL | 7,006 | $2.5M | 0.81% |
| 42 | TELEDYNE TECHNOLOGIES INC | TDY | 4,848 | $2.5M | 0.81% |
| 43 | AGILENT TECHNOLOGIES INC | A | 18,113 | $2.5M | 0.81% |
| 44 | TRIMBLE INC | TRMB | 31,350 | $2.5M | 0.80% |
| 45 | CBOE GLOBAL MKTS INC | 12503M108 | 9,630 | $2.4M | 0.79% |
| 46 | MARTIN MARIETTA MATLS INC | 573284106 | 3,799 | $2.4M | 0.77% |
| 47 | HINGE HEALTH INC | HNGE | 50,179 | $2.3M | 0.76% |
| 48 | SPDR SERIES TRUST | 78464A714 | 27,300 | $2.3M | 0.76% |
| 49 | ELI LILLY & CO | LLY | 2,152 | $2.3M | 0.76% |
| 50 | TALEN ENERGY CORP | TLN | 5,928 | $2.2M | 0.73% |
| 51 | ULTA BEAUTY INC | ULTA | 3,633 | $2.2M | 0.72% |
| 52 | SOFI TECHNOLOGIES INC | SOFI | 82,500 | $2.2M | 0.71% |
| 53 | LIVE NATION ENTERTAINMENT IN | LYV | 15,109 | $2.2M | 0.71% |
| 54 | MACYS INC | 55616P104 | 97,100 | $2.1M | 0.70% |
| 55 | CBRE GROUP INC | CBRE | 13,193 | $2.1M | 0.69% |
| 56 | L3HARRIS TECHNOLOGIES INC | LHX | 7,217 | $2.1M | 0.69% |
| 57 | UPSTART HLDGS INC | UPST | 48,400 | $2.1M | 0.69% |
| 58 | MADDEN STEVEN LTD | 556269108 | 50,000 | $2.1M | 0.68% |
| 59 | APPLE INC | AAPL | 7,554 | $2.1M | 0.67% |
| 60 | SENSIENT TECHNOLOGIES CORP | SXT | 21,521 | $2.0M | 0.66% |
| 61 | LAUDER ESTEE COS INC | 518439104 | 18,900 | $2.0M | 0.65% |
| 62 | HIMS & HERS HEALTH INC | HIMS | 60,000 | $1.9M | 0.64% |
| 63 | BLACKROCK INC | BLK | 1,800 | $1.9M | 0.63% |
| 64 | STARBUCKS CORP | SBUX | 22,200 | $1.9M | 0.61% |
| 65 | MADDEN STEVEN LTD | 556269108 | 44,599 | $1.9M | 0.61% |
| 66 | FLOWERS FOODS INC | FLO | 169,500 | $1.8M | 0.60% |
| 67 | QUIDELORTHO CORP | QDEL | 64,313 | $1.8M | 0.60% |
| 68 | STEEL DYNAMICS INC | STLD | 10,790 | $1.8M | 0.60% |
| 69 | LIONSGATE STUDIOS CORP | LION | 185,300 | $1.7M | 0.55% |
| 70 | AXON ENTERPRISE INC | AXON | 2,930 | $1.7M | 0.55% |
| 71 | VALMONT INDS INC | 920253101 | 4,047 | $1.6M | 0.53% |
| 72 | GENERAL DYNAMICS CORP | GD | 4,830 | $1.6M | 0.53% |
| 73 | MICROSOFT CORP | MSFT | 3,333 | $1.6M | 0.53% |
| 74 | SALESFORCE INC | CRM | 6,000 | $1.6M | 0.52% |
| 75 | ROCKWELL AUTOMATION INC | ROK | 4,020 | $1.6M | 0.51% |
| 76 | ATMUS FILTRATION TECHNOLOGIE | ATMU | 29,327 | $1.5M | 0.50% |
| 77 | STRATEGY INC | STRK | 10,000 | $1.5M | 0.50% |
| 78 | SNOWFLAKE INC | SNOW | 6,805 | $1.5M | 0.49% |
| 79 | CROWDSTRIKE HLDGS INC | CRWD | 3,183 | $1.5M | 0.49% |
| 80 | FORMFACTOR INC | FORM | 26,019 | $1.5M | 0.48% |
| 81 | JABIL INC | JBL | 6,200 | $1.4M | 0.46% |
| 82 | COHERENT CORP | COHR | 7,638 | $1.4M | 0.46% |
| 83 | PEDIATRIX MEDICAL GROUP INC | MD | 63,000 | $1.3M | 0.44% |
| 84 | SPX TECHNOLOGIES INC | SPXC | 6,615 | $1.3M | 0.43% |
| 85 | MERCURY SYS INC | MRCY | 17,800 | $1.3M | 0.43% |
| 86 | COSTCO WHSL CORP NEW | 22160K105 | 1,500 | $1.3M | 0.42% |
| 87 | AIRBNB INC | ABNB | 9,397 | $1.3M | 0.42% |
| 88 | CHURCHILL CAP CORP X | G2130T108 | 55,000 | $1.3M | 0.41% |
| 89 | CHIME FINL INC | 16935C109 | 50,000 | $1.3M | 0.41% |
| 90 | CIENA CORP | CIEN | 5,255 | $1.2M | 0.40% |
| 91 | VISTRA CORP | VST | 7,463 | $1.2M | 0.39% |
| 92 | TERADYNE INC | TER | 6,123 | $1.2M | 0.39% |
| 93 | PLANET LABS PBC | PL-WT | 59,690 | $1.2M | 0.39% |
| 94 | EATON CORP PLC | ETN | 3,666 | $1.2M | 0.38% |
| 95 | NVENT ELECTRIC PLC | NVT | 11,385 | $1.2M | 0.38% |
| 96 | URANIUM ENERGY CORP | UEC | 97,000 | $1.1M | 0.37% |
| 97 | VICTORIAS SECRET AND CO | 926400102 | 20,911 | $1.1M | 0.37% |
| 98 | CYBERARK SOFTWARE LTD | M2682V108 | 2,534 | $1.1M | 0.37% |
| 99 | KRATOS DEFENSE & SEC SOLUTIO | 50077B207 | 14,800 | $1.1M | 0.37% |
| 100 | META PLATFORMS INC | META | 1,700 | $1.1M | 0.37% |
| 101 | LAM RESEARCH CORP | LRCX | 6,500 | $1.1M | 0.36% |
| 102 | ROBERT HALF INC. | RHI | 40,000 | $1.1M | 0.36% |
| 103 | CUSTOM TRUCK ONE SOURCE INC | CTOS | 187,296 | $1.1M | 0.35% |
| 104 | VERALTO CORP | VLTO | 10,717 | $1.1M | 0.35% |
| 105 | IDEXX LABS INC | 45168D104 | 1,552 | $1.0M | 0.34% |
| 106 | AERCAP HOLDINGS NV | AER | 7,270 | $1.0M | 0.34% |
| 107 | WESCO INTL INC | 95082P105 | 4,251 | $1.0M | 0.34% |
| 108 | CURTISS WRIGHT CORP | CW | 1,886 | $1.0M | 0.34% |
| 109 | ASTRONICS CORP | ATROB | 19,094 | $1.0M | 0.34% |
| 110 | SHOPIFY INC | SHOP | 6,228 | $1.0M | 0.33% |
| 111 | WOODWARD INC | WWD | 3,173 | $959,261 | 0.31% |
| 112 | BIO-TECHNE CORP | TECH | 15,443 | $908,203 | 0.30% |
| 113 | APPLIED MATLS INC | 038222105 | 3,426 | $880,448 | 0.29% |
| 114 | CENTRUS ENERGY CORP | LEU | 3,569 | $866,410 | 0.28% |
| 115 | MOELIS & CO | MC | 11,988 | $824,055 | 0.27% |
| 116 | CATERPILLAR INC | CAT | 1,438 | $823,787 | 0.27% |
| 117 | CONSTELLATION ENERGY CORP | CEG | 2,291 | $809,342 | 0.27% |
| 118 | HURON CONSULTING GROUP INC | HURN | 4,677 | $808,700 | 0.26% |
| 119 | GE VERNOVA INC | GEV | 1,200 | $784,284 | 0.26% |
| 120 | GROUPON INC | GRPN | 44,400 | $781,884 | 0.26% |
| 121 | BIOLIFE SOLUTIONS INC | BLFS | 31,637 | $764,983 | 0.25% |
| 122 | NVIDIA CORPORATION | NVDA | 3,943 | $735,370 | 0.24% |
| 123 | FOX CORP | FOX | 9,883 | $722,151 | 0.24% |
| 124 | DATADOG INC | DDOG | 5,149 | $700,213 | 0.23% |
| 125 | XPENG INC | XPNGF | 33,900 | $687,492 | 0.23% |
| 126 | NORTHROP GRUMMAN CORP | NOC | 1,205 | $687,103 | 0.23% |
| 127 | CHURCHILL CAP CORP X | G2130T108 | 43,500 | $678,600 | 0.22% |
| 128 | GOGO INC | GOGO | 145,400 | $677,564 | 0.22% |
| 129 | HUBBELL INC | HUBB | 1,521 | $675,491 | 0.22% |
| 130 | CIRCLE INTERNET GROUP INC | CRCL | 8,500 | $674,050 | 0.22% |
| 131 | SELECT SECTOR SPDR TR | 81369Y209 | 4,134 | $639,943 | 0.21% |
| 132 | URANIUM ENERGY CORP | UEC | 49,980 | $583,766 | 0.19% |
| 133 | SHERWIN WILLIAMS CO | SHW | 1,801 | $583,578 | 0.19% |
| 134 | D-WAVE QUANTUM INC | QBTS | 20,000 | $523,000 | 0.17% |
| 135 | AMRIZE LTD | AMRZ | 9,500 | $513,760 | 0.17% |
| 136 | NETFLIX INC | NFLX | 5,220 | $489,427 | 0.16% |
| 137 | BLOCK H & R INC | BSQKZ | 9,800 | $427,084 | 0.14% |
| 138 | MONGODB INC | MDB | 969 | $406,680 | 0.13% |
| 139 | MICRON TECHNOLOGY INC | MU | 1,400 | $399,574 | 0.13% |
| 140 | MIRION TECHNOLOGIES INC | MIR | 15,194 | $355,843 | 0.12% |
| 141 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 2,267 | $326,199 | 0.11% |