Managers / Q3 2019 · view latest →
Sandell Asset Management Corp.
CIK 0001140474 · 540 MADISON AVENUE, 36TH FLOOR, NEW YORK, NY, 10022 · 2126035700
Summary
Sandell Asset Management Corp. reported $298M in U.S.-listed holdings across 40 positions for Q3 2019.
Its largest position, CELG, represents 12.3% of the portfolio.
Compared with Q2 2019, the fund opened 10 new positions and exited 15.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 72.4% · $215M
- ETP · 15.5% · $46M
- Other · 10.3% · $31M
- US DOMESTIC · 1.6% · $5M
- ADR · 0.3% · $896,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MEDIDATA SOLUTIONS INC | NEW | +331.0K | 331.0K | +$30M | $30M |
| GENESEE & WYO INC | NEW | +150.0K | 150.0K | +$17M | $17M |
| QQQINVESCO QQQ TR | NEW | +50.0K | 50.0K | +$9M | $9M |
| DISDISNEY WALT CO | NEW | +55.0K | 55.0K | +$7M | $7M |
| FISFIDELITY NATL INFORMATION SV | NEW | +10.3K | 10.3K | +$1M | $1M |
| VODVODAFONE GROUP PLC NEW | NEW | +45.0K | 45.0K | +$896,000 | $896,000 |
| DCHAMERICAN AXLE & MFG HLDGS IN | NEW | +95.0K | 95.0K | +$781,000 | $781,000 |
| DELPHI TECHNOLOGIES PLC | NEW | +40.0K | 40.0K | +$536,000 | $536,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2019
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2020 | $179M | 30 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $250M | 52 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $459M | 59 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $618M | 50 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $298M | 40 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $883M | 41 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $565M | 41 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $905M | 44 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.