Eminence Capital, L.P. 13F annual report
Eminence Capital, L.P. is an investment fund managing more than $5.12 trillion ran by Ricky Sandler. There are currently 55 companies in Mr. Sandler’s portfolio. The largest investments include Ashland Inc and Graphic Packaging Hldg Co, together worth $493 billion.
$5.12 trillion Assets Under Management (AUM)
As of 7th February 2024, Eminence Capital, L.P.’s top holding is 3,515,868 shares of Ashland Inc currently worth over $296 billion and making up 5.8% of the portfolio value.
Relative to the number of outstanding shares of Ashland Inc, Eminence Capital, L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 7,962,325 shares of Graphic Packaging Hldg Co worth $196 billion.
The third-largest holding is Lpl Finl Hldgs Inc worth $182 billion and the next is Corteva Inc worth $182 billion, with 3,796,403 shares owned.
Currently, Eminence Capital, L.P.'s portfolio is worth at least $5.12 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Eminence Capital, L.P.
The Eminence Capital, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Ricky Sandler serves as the Managing Member of Eminence Capital GP, LLC at Eminence Capital, L.P..
Recent trades
In the most recent 13F filing, Eminence Capital, L.P. revealed that it had opened a new position in
Liberty Media and bought 2,548,987 shares worth $161 billion.
This means they effectively own 0.1% of the company.
Liberty Media makes up
72.6%
of the fund's Communication Services sector allocation and has decreased its share price by 7.5% in the past year.
The investment fund also strengthened its position in Graphic Packaging Hldg Co by buying
2,046,732 additional shares.
This makes their stake in Graphic Packaging Hldg Co total 7,962,325 shares worth $196 billion.
On the other hand, there are companies that Eminence Capital, L.P. is getting rid of from its portfolio.
Eminence Capital, L.P. closed its position in New Relic Inc on 14th February 2024.
It sold the previously owned 3,807,116 shares for $249 billion.
Ricky Sandler also disclosed a decreased stake in Ashland Inc by approximately 0.1%.
This leaves the value of the investment at $296 billion and 3,515,868 shares.
One of the largest hedge funds
The two most similar investment funds to Eminence Capital, L.P. are Stephens Inc ar/ and Tpg Gp A. They manage $5.13 trillion and $5.1 trillion respectively.
Ricky Sandler investment strategy
Eminence Capital, L.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 19.8% of
the total portfolio value.
The fund focuses on investments in the United States as
58.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
33% of the total holdings value.
On the other hand, small-cap stocks make up only 1.8% of the portfolio.
The average market cap of the portfolio companies is close to $33.5 billion.
The complete list of Eminence Capital, L.P. trades based on 13F SEC filings
These positions were updated on February 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ashland Inc |
2.75%
3,515,868
|
$296,422,831,000 | 5.79% |
| New Relic Inc |
Closed
3,807,116
|
$249,137,671,000 | |
| Graphic Packaging Hldg Co |
34.60%
7,962,325
|
$196,271,311,000 | 3.83% |
| Lpl Finl Hldgs Inc |
1.98%
799,757
|
$182,040,688,000 | 3.55% |
| Corteva Inc |
157.28%
3,796,403
|
$181,923,632,000 | 3.55% |
| Okta Inc |
28.60%
1,910,621
|
$172,968,519,000 | 3.38% |
| Dave Busters Entmt Inc |
278.75%
3,191,559
|
$171,865,452,000 | 3.35% |
| Liberty Media Corp. |
Opened
2,548,987
|
$160,917,549,000 | 3.14% |
| Pinterest Inc |
28.06%
4,136,622
|
$153,220,479,000 | 2.99% |
| Tandem Diabetes Care Inc |
65.85%
5,170,451
|
$152,941,941,000 | 2.99% |
| Cf Inds Hldgs Inc |
20.93%
1,912,560
|
$152,048,520,000 | 2.97% |
| Smartsheet Inc |
50.90%
3,173,369
|
$151,750,506,000 | 2.96% |
| Sentinelone Inc |
Opened
5,434,754
|
$149,129,650,000 | 2.91% |
| Uber Technologies Inc |
48.87%
2,385,205
|
$146,857,072,000 | 2.87% |
| Louisiana-Pacific Corp. |
7.84%
2,056,991
|
$145,696,673,000 | 2.84% |
| Performance Food Group Company |
3.17%
1,994,730
|
$137,935,580,000 | 2.69% |
| Liberty Media Corp. |
Closed
1,803,743
|
$135,785,773,000 | |
| Salesforce Inc |
14.69%
489,400
|
$128,780,716,000 | 2.51% |
| Red Rock Resorts Inc |
28.44%
2,373,556
|
$126,581,741,000 | 2.47% |
| Amazon.com Inc. |
43.08%
782,941
|
$118,960,056,000 | 2.32% |
| Envista Holdings Corp |
Closed
3,494,982
|
$118,270,191,000 | |
| Alibaba Group Hldg Ltd |
34.04%
1,519,572
|
$117,782,026,000 | 2.30% |
| Schwab Charles Corp |
31.48%
1,685,840
|
$115,985,792,000 | 2.26% |
| Discover Finl Svcs |
3.89%
981,555
|
$110,326,782,000 | 2.15% |
| Bausch And Lomb Corp |
Closed
5,368,375
|
$107,743,286,000 | |
| Advanced Micro Devices Inc. |
Opened
711,486
|
$104,880,151,000 | 2.05% |
| Melco Resorts And Entmnt Ltd |
32.60%
11,559,041
|
$102,528,694,000 | 2.00% |
| Manchester Utd Plc |
22.87%
4,870,944
|
$99,269,839,000 | 1.94% |
| E2open Parent Holdings Inc |
Closed
16,880,763
|
$94,532,273,000 | |
| Spectrum Brands Holdings Inc. |
Closed
1,209,539
|
$94,404,519,000 | |
| Crown Holdings, Inc. |
32.91%
1,006,559
|
$92,694,018,000 | 1.81% |
| Lennar Corp. |
5.47%
612,298
|
$91,256,894,000 | 1.78% |
| Cbre Group Inc |
Opened
973,048
|
$90,581,038,000 | 1.77% |
| Zillow Group Inc |
43.52%
1,556,692
|
$90,070,199,000 | 1.76% |
| Tempur Sealy International Inc |
43.47%
1,739,290
|
$88,651,611,000 | 1.73% |
| Ferguson Plc |
31.08%
449,956
|
$86,873,005,000 | 1.70% |
| Morgan Stanley |
Closed
1,014,566
|
$86,643,936,000 | |
| Bio Rad Labs Inc |
Closed
225,881
|
$85,636,005,000 | |
| Willscot Mobile Mini Hldng Co |
Closed
1,724,657
|
$82,421,358,000 | |
| Signet Jewelers Limited |
Opened
759,439
|
$81,457,427,000 | 1.59% |
| Fomento Economico Mexicano |
Closed
726,222
|
$80,494,446,000 | |
| Intuit Inc |
32.42%
125,290
|
$78,310,009,000 | 1.53% |
| Elevance Health Inc |
2.16%
165,901
|
$78,232,276,000 | 1.53% |
| Kkr Co Inc |
60.06%
891,916
|
$73,895,241,000 | 1.44% |
| Asbury Automotive Group Inc |
17.74%
328,093
|
$73,811,082,000 | 1.44% |
| Progressive Corp. |
18.51%
439,848
|
$70,058,989,000 | 1.37% |
| Sea Ltd |
Opened
1,499,112
|
$60,714,036,000 | 1.19% |
| Peloton Interactive Inc |
Closed
7,677,228
|
$59,037,883,000 | |
| Group 1 Automotive, Inc. |
35.35%
164,681
|
$50,184,888,000 | 0.98% |
| Sherwin-Williams Co. |
49.70%
157,237
|
$49,042,220,000 | 0.96% |
| Sensata Technologies Hldg Plc |
Opened
1,245,512
|
$46,793,886,000 | 0.91% |
| Advisorshares Trust |
20.49%
6,496,078
|
$45,537,507,000 | 0.89% |
| Autonation Inc. |
47.97%
261,940
|
$39,338,149,000 | 0.77% |
| Berry Global Group Inc |
56.99%
562,154
|
$37,883,558,000 | 0.74% |
| Camping World Holdings Inc |
Opened
1,426,143
|
$37,450,515,000 | 0.73% |
| Keurig Dr Pepper Inc |
Closed
1,084,197
|
$33,902,840,000 | |
| Wix.com Ltd |
2.76%
243,893
|
$30,003,717,000 | 0.59% |
| XPO Inc |
Closed
501,854
|
$29,609,386,000 | |
| Haleon Plc |
10.75%
3,361,102
|
$27,661,869,000 | 0.54% |
| Baxter International Inc. |
Closed
596,869
|
$27,193,352,000 | |
| Mastercard Incorporated |
2.76%
60,431
|
$25,774,426,000 | 0.50% |
| Godaddy Inc |
71.35%
221,336
|
$23,497,030,000 | 0.46% |
| Natera Inc |
Closed
424,451
|
$20,653,786,000 | |
| Camden Property Trust |
Opened
188,708
|
$18,736,817,000 | 0.37% |
| American Express Co. |
Closed
97,992
|
$17,070,206,000 | |
| Universal Hlth Svcs Inc |
Closed
97,936
|
$15,451,363,000 | |
| Wynn Resorts Ltd. |
Opened
165,615
|
$15,089,183,000 | 0.29% |
| JFrog Ltd |
86.38%
430,130
|
$14,886,799,000 | 0.29% |
| Lennar Corp. |
Closed
119,057
|
$13,451,060,000 | |
| Six Flags Entmt Corp |
Opened
454,243
|
$11,392,414,000 | 0.22% |
| Match Group Inc. |
2.75%
244,898
|
$8,938,777,000 | 0.17% |
| Caremax Inc |
17.39%
10,424,657
|
$5,193,564,000 | 0.10% |
| Doma Holdings Inc |
No change
489,664
|
$2,267,144,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 73 holdings | |||
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