Eminence Capital
Eminence Capital, led by Ricky Sandler, is a hedge fund known for its fundamental, research-driven investment approach focusing on long-term capital growth. Sandler, who has a reputable track record in the investment community, emphasizes a blend of both value and growth investing strategies. The fund manages approximately $4.36 billion in assets, maintaining a relatively concentrated portfolio.
I dati AUM mostrati sono calcolati sommando il valore di mercato dichiarato di tutte le posizioni nei depositi SEC 13F-HR — non rappresentano il patrimonio effettivo gestito dal fondo.
- Escluse liquidità, obbligazioni, private equity, posizioni corte e azioni estere non soggette all'obbligo di dichiarazione.
- Per le opzioni PUT e CALL, il Valore dichiarato è il valore nozionale delle azioni sottostanti — non il premio pagato. Ciò sovrastima significativamente il capitale effettivamente a rischio.
- Il patrimonio reale del fondo è tipicamente superiore e include strategie, strumenti e posizioni che non compaiono mai in un 13F.
- I depositi 13F riguardano i gestori istituzionali con ≥$100M in titoli 13F. Le posizioni riflettono le partecipazioni a fine trimestre, divulgate entro 45 giorni dalla fine del periodo.
Dati provenienti da SEC EDGAR. Questo tracker è a scopo puramente informativo e non costituisce consulenza finanziaria.
Partecipazioni in Portafoglio
Prime 30 posizioni
| Ticker | Emittente | Nozionale | Portafoglio % | Al Deposito | Ora (Fine Giornata) | Dal Deposito | Allocazione |
|---|---|---|---|---|---|---|---|
| SE | $336.7M | 7.72% | $82.81 | $103.06 | +24.4% | 7.7% | |
| AMZN | $321.5M | 7.37% | $208.27 | $242.93 | +16.6% | 7.4% | |
| PFGC | $318.6M | 7.31% | $85.66 | $112.40 | +31.2% | 7.3% | |
| CPNG | $292.8M | 6.71% | $18.88 | $19.12 | +1.3% | 6.7% | |
| AMD | $239.4M | 5.49% | $203.43 | $569.36 | +179.9% | 5.5% | |
| DT | $196.2M | 4.50% | $36.98 | $45.23 | +22.3% | 4.5% | |
| ABG | $186.8M | 4.28% | $195.41 | $200.91 | +2.8% | 4.3% | |
| LPX | $184.3M | 4.23% | $72.44 | $77.03 | +6.3% | 4.2% | |
| SNPS | $178.1M | 4.08% | $396.48 | $439.70 | +10.9% | 4.1% | |
| FWONK | $168.6M | 3.87% | $85.02 | $99.58 | +17.1% | 3.9% | |
| FERG | $150.6M | 3.45% | $232.37 | $226.50 | -2.5% | 3.5% | |
| WK | $150.3M | 3.45% | $59.63 | $50.87 | -14.7% | 3.5% | |
| THC | $149.1M | 3.42% | $188.71 | $204.73 | +8.5% | 3.4% | |
| VVV | $149.0M | 3.42% | $33.68 | $38.01 | +12.9% | 3.4% | |
| Z | $142.6M | 3.27% | $41.38 | $33.03 | -20.2% | 3.3% | |
| TSM | $142.5M | 3.27% | $337.16 | $456.97 | +35.5% | 3.3% | |
| SGI | $111.8M | 2.56% | $73.73 | $77.01 | +4.5% | 2.6% | |
| BABA | $108.1M | 2.48% | $124.32 | $96.64 | -22.3% | 2.5% | |
| DHR | $106.4M | 2.44% | $189.21 | $190.90 | +0.9% | 2.4% | |
| MDLN | $101.4M | 2.33% | $44.50 | $42.33 | -4.9% | 2.3% | |
| MTN | $91.6M | 2.10% | $126.35 | $138.42 | +9.6% | 2.1% | |
| MGRC | $88.9M | 2.04% | $109.81 | $115.99 | +5.6% | 2.0% | |
| ATMU | $72.8M | 1.67% | $56.71 | $50.13 | -11.6% | 1.7% | |
| AON | $57.8M | 1.32% | $321.93 | $353.38 | +9.8% | 1.3% | |
| MRSH | $55.6M | 1.27% | $172.56 | $173.40 | +0.5% | 1.3% | |
| EL | $50.1M | 1.15% | $71.49 | $83.03 | +16.1% | 1.1% | |
| FLUT | $49.3M | 1.13% | $101.95 | $104.49 | +2.5% | 1.1% | |
| MDB | $39.9M | 0.91% | $244.77 | $351.20 | +43.5% | 0.9% | |
| CWH | $39.8M | 0.91% | $6.83 | $6.96 | +1.9% | 0.9% | |
| PLAY | $25.4M | 0.58% | $10.83 | $10.35 | -4.4% | 0.6% |
Attività Trimestre su Trimestre
Q1 2026 vs. Q4 2025
Nuove Posizioni (8)
| Ticker | Emittente | Nozionale | Dal Deposito |
|---|---|---|---|
| TSM | $142.5M | +35.5% | |
| DHR | $106.4M | +0.9% | |
| MTN | $91.6M | +9.6% | |
| AON | $57.8M | +9.8% | |
| MRSH | $55.6M | +0.5% | |
| EL | $50.1M | +16.1% | |
| MNDY | $17.1M | ||
| U | $15.9M |
Posizioni Chiuse (8)
| Ticker | Emittente | Nozionale |
|---|---|---|
| DKNG | $290.4M | |
| GTLB | $289.1M | |
| CRM | $276.2M | |
| JEF | $236.3M | |
| GPK | $192.9M | |
| ELV | $170.8M | |
| LPLA | $157.8M | |
| UNH | $124.9M |
Aumentate (8)
| Ticker | Emittente | Nozionale | Var. Azioni | Dal Deposito |
|---|---|---|---|---|
| FLUT | $32.3M | +511.4% | +2.5% | |
| SGI | $83.8M | +382.2% | +4.5% | |
| SNPS | $61.0M | +80.2% | +10.9% | |
| Z | $-0.3M | +64.6% | -20.2% | |
| SE | $-0.3M | +53.9% | +24.4% | |
| MDLN | $38.2M | +51.4% | -4.9% | |
| PFGC | $80.5M | +40.5% | +31.2% | |
| FERG | $39.4M | +29.2% | -2.5% |
Ridotte (5)
| Ticker | Emittente | Nozionale | Var. Azioni | Dal Deposito |
|---|---|---|---|---|
| RRR | $-77.9M | -74.3% | ||
| ATMU | $-125.8M | -66.5% | -11.6% | |
| LPX | $-142.6M | -37.4% | +6.3% | |
| WK | $-169.4M | -32.0% | -14.7% | |
| MGRC | $-10.8M | -15.1% | +5.6% |
Attività Trimestrale
During the quarter, Eminence Capital initiated significant new positions in Taiwan Semiconductor Manufacturing Company (TSM), Danaher Corporation (DHR), and Vail Resorts (MTN), reflecting a strategic diversification in their portfolio. The fund also exited substantial stakes in DraftKings (DKNG), GitLab (GTLB), and Salesforce (CRM), indicating a major reallocation of resources. Additionally, there was a notable increase in their position in Flutter Entertainment (FLUT) and a decrease in Red Rock Resorts (RRR), suggesting shifts in sector focus and risk management strategies.
Commento AI
<p>Eminence Capital's portfolio, with an AUM of $4.36 billion, shows a strong concentration in technology and consumer services. The top holdings include SEA LTD (SE) at 7.7% of the portfolio, AMAZON COM INC (AMZN) at 7.4%, and PERFORMANCE FOOD GROUP CO (PFGC) at 7.3%. Other significant positions are in COUPANG INC (CPNG), ADVANCED MICRO DEVICES INC (AMD), and DYNATRACE INC (DT), indicating a strategic focus on e-commerce, semiconductor, and software sectors. This sector concentration suggests a bullish stance on digital and tech-driven markets, alongside consumer distribution networks.</p> <p>The recent quarter's activity signals a strategic shift in Eminence Capital's investment thesis. The fund initiated substantial new positions in TSM, DHR, MTN, AON, and MRSH, diversifying into sectors like semiconductor manufacturing and insurance. Conversely, the closure of large positions in DKNG, GTLB, CRM, JEF, and GPK might indicate a move away from certain tech and consumer discretionary stocks, possibly due to market saturation or anticipated sector downturns. Notably, the fund increased its stake in SNPS by 80% and SE by 54%, reinforcing its confidence in these companies, while significant reductions in RRR and ATMU suggest a strategic pullback from these areas.</p>