SEC 13F Intelligence

Managers / Q1 2024 · view latest →

M.D. Sass, LLC

CIK 0000922940 · 55 WEST 46TH STREET, SUITE 2801, NEW YORK, NY, 10036 · 2127302000

Reported Value
$887M
Q1 2024
Positions
34
Filings on Record
37
2019–present window
Filed
May 15, 2024
original filing

Summary

M.d. Sass, LLC reported $887M in U.S.-listed holdings across 34 positions for Q1 2024.

Its largest position, Vanguard Index Fds, represents 10.2% of the portfolio.

Compared with Q4 2023, the fund opened 5 new positions and exited 3.

Portfolio Metrics

Turnover
+20.1%
vs prior filed quarter
Top-10 Concentration
+55.6%
share of reported value
Largest Position
+10.2%
Vanguard Index Fds
New / Exited
5 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $589MQ4 ’18Q1 ’19: $628MQ2 ’19: $432MQ3 ’19: $424MQ4 ’19: $859MQ4 ’19Q1 ’20: $275MQ2 ’20: $377MQ4 ’20: $467MQ1 ’21: $568MQ1 ’21Q2 ’21: $605MQ3 ’21: $588MQ4 ’21: $644MQ1 ’22: $584MQ1 ’22Q2 ’22: $529MQ3 ’22: $545MQ4 ’22: $681MQ1 ’23: $802MQ1 ’23Q2 ’23: $754MQ3 ’23: $744MQ4 ’23: $832MQ1 ’24: $887MQ1 ’24Q2 ’24: $1.4BQ3 ’24: $1.4BQ4 ’24: $1.3BQ1 ’25: $1.1BQ1 ’25Q2 ’25: $1.2BQ3 ’25: $1.2BQ4 ’25: $1.3BQ1 ’26: $1.3BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 72.1%ETP: 16.9%Tracking Stk: 6.0%REIT: 4.9%Other: 0.1%
  • Common Stock · 72.1% · $639M
  • ETP · 16.9% · $150M
  • Tracking Stk · 6.0% · $53M
  • REIT · 4.9% · $43M
  • Other · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CCKCROWN HLDGS INCNEW+521.3K521.3K+$41M$41M
DGDOLLAR GEN CORP NEWNEW+154.8K154.8K+$24M$24M
DYHTARGET CORPNEW+106.4K106.4K+$19M$19M
APDAIR PRODS & CHEMS INCNEW+74.1K74.1K+$18M$18M
PROSHARES TRNEW+115.0K115.0K+$1M$1M
SPDR S&P 500 ETF TRADDED+50.0K59.5K+$27M$31M
SBACSBA COMMUNICATIONS CORP NEWADDED+144.5K198.5K+$29M$43M
TKOTKO GROUP HOLDINGS INCSOLD OUT−587.2K0−$48M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD INDEX FDSS&P 500 ETF SHS10.20%$90M188.1K
2FWONKLIBERTY MEDIA CORP DELhistory →COM LBTY ONE S C6.02%$53M813.0K
3APGAPI GROUP CORPhistory →COM STK5.93%$53M1.34M
4CA8ACACI INTL INChistory →CL A5.13%$45M120.1K
5CLHCLEAN HARBORS INChistory →COM5.11%$45M225.2K
6LWLAMB WESTON HLDGS INChistory →COM4.87%$43M405.0K
7SBACSBA COMMUNICATIONS CORP NEWhistory →CL A4.85%$43M198.5K
8CCKCROWN HLDGS INChistory →COM4.66%$41M521.3K
9CHARLES RIV LABS INTL INCCOM4.57%$40M149.5K
10JBLJABIL INChistory →COM4.27%$38M282.9K
11CBRECBRE GROUP INChistory →CL A3.75%$33M342.1K
12CHECHEMED CORP NEWhistory →COM3.70%$33M51.1K
13DHRDANAHER CORPORATIONhistory →COM3.48%$31M123.5K
14ONON SEMICONDUCTOR CORPhistory →COM2.82%$25M340.0K
15DGDOLLAR GEN CORP NEWhistory →COM2.72%$24M154.8K
16OWLBLUE OWL CAPITAL INChistory →COM CL A2.66%$24M1.25M
17WMGWARNER MUSIC GROUP CORPhistory →COM CL A2.66%$24M714.2K
18WABWABTEChistory →COM2.58%$23M156.7K
19ABGCENCORA INChistory →COM2.42%$21M88.2K
20DYHTARGET CORPhistory →COM2.13%$19M106.4K
21APDAIR PRODS & CHEMS INChistory →COM2.03%$18M74.1K
22RTXRTX CORPORATIONhistory →COM1.99%$18M180.8K
23WDWALKER & DUNLOP INChistory →COM1.64%$15M143.5K
24PANWPALO ALTO NETWORKS INChistory →COM1.56%$14M48.8K
25ISHARES TRIBOXX HI YD ETF · MSCI ACWI EX US1.46%$13M180.4K
26AMZNAMAZON COM INCCOM0.82%$7M40.2K
27SPDR S&P 500 ETF TRTR UNIT0.56%$5M9.5K
28MSFTMICROSOFT CORPCOM0.31%$3M6.6K
29OPCHOPTION CARE HEALTH INCCOM NEW0.14%$1M36.9K
30PROSHARES TRULTRAPRO SHT QQQ0.14%$1M115.0K
31NVDANVIDIA CORPORATIONCOM0.14%$1M1.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B36May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B35Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B35Nov 5, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B35Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.1B32May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.3B34Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.4B36Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.4B33Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$887M34May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$832M31Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$744M32Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$754M30Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$802M33May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$681M46Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$545M51Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$529M49Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$584M50May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$644M53Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$588M55Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$605M58Aug 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$568M59May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$467M55Feb 16, 202113F-HRchanges · EDGAR ↗
Q2 2020$377M58Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$275M60May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$859M100Jan 30, 2020RESTATEMENTchanges · EDGAR ↗
Q3 2019$424M92Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$432M108Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$628M108May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$589M105Feb 11, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.