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SANDLER CAPITAL MANAGEMENT Historic Quarter Change: Foreign Stocks, Sold Out

SANDLER CAPITAL MANAGEMENT historic quarter change: Foreign Stocks, Sold out

In share positions in stocks (depositary receipts and foreign shares traded over the counter), over 23 quarters from 2013-06-30 to 2026-06-30, SANDLER CAPITAL MANAGEMENT opened 15 positions, added to 8, reduced 7 and sold out of 12.

  • Q1 2025: Stock TCOM; Country of operation —; Class ADS; Shares before 45,257.
  • Q4 2024: Stock ARM; Country of operation —; Class SPONSORED ADS; Shares before 30,000.
  • Q4 2024: Stock JD; Country of operation —; Class SPON ADS CL A; Shares before 70,000.
  • Q4 2024: Stock BIDU; Country of operation —; Class SPON ADR REP A; Shares before 22,000.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1000742), 23 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-08-14); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-05-15); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-02-17); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-14); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-14); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-05-15); Q4 2024 (2024-09-30 to 2024-12-31, filed 2025-02-14); Q3 2024 (2024-06-30 to 2024-09-30, filed 2024-11-14); Q2 2024 (2024-03-31 to 2024-06-30, filed 2024-08-14); Q1 2024 (2023-12-31 to 2024-03-31, filed 2024-05-15); Q3 2016 (2016-06-30 to 2016-09-30, filed 2016-11-14); Q2 2016 (2016-03-31 to 2016-06-30, filed 2016-08-15); Q1 2016 (2015-12-31 to 2016-03-31, filed 2016-05-16); Q4 2015 (2015-09-30 to 2015-12-31, filed 2016-02-16); Q3 2015 (2015-06-30 to 2015-09-30, filed 2015-11-16); Q2 2015 (2015-03-31 to 2015-06-30, filed 2015-08-14); Q1 2015 (2014-12-31 to 2015-03-31, filed 2015-05-15); Q4 2014 (2014-09-30 to 2014-12-31, filed 2015-02-17); Q3 2014 (2014-06-30 to 2014-09-30, filed 2014-11-14); Q2 2014 (2014-03-31 to 2014-06-30, filed 2014-08-14); Q1 2014 (2013-12-31 to 2014-03-31, filed 2014-05-15); Q4 2013 (2013-09-30 to 2013-12-31, filed 2014-02-13); Q3 2013 (2013-06-30 to 2013-09-30, filed 2013-11-14). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2000-12-31. Not compared, as a quarter between them is not held here yet: 2016-09-30 to 2023-12-31 (missing 2016-12-31, 2017-03-31, 2017-06-30, 2017-09-30, 2017-12-31, 2018-03-31, 2018-06-30, 2018-09-30, 2018-12-31, 2019-03-31, 2019-06-30, 2019-09-30, 2019-12-31, 2020-03-31, 2020-06-30, 2020-09-30, 2020-12-31, 2021-03-31, 2021-06-30, 2021-09-30, 2021-12-31, 2022-03-31, 2022-06-30, 2022-09-30, 2022-12-31, 2023-03-31, 2023-06-30, 2023-09-30).

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q1 2025TCOM
TRIP COM GROUP LTD
ADS45,2570-45,257$3,107,346$0-$3,107,3462025-05-15
Q4 2024ARM
ARM HOLDINGS PLC
SPONSORED ADS30,0000-30,000$4,290,300$0-$4,290,3002025-02-14
Q4 2024JD
JD.COM INC
SPON ADS CL A70,0000-70,000$2,800,000$0-$2,800,0002025-02-14
Q4 2024BIDU
BAIDU INC
SPON ADR REP A22,0000-22,000$2,316,380$0-$2,316,3802025-02-14
Q1 2024RIO
RIO TINTO PLC
SPONSORED ADR145,2680-145,268$10,816,655$0-$10,816,6552024-05-15
Q1 2016SAP
SAP SE
SPON ADR85,0000-85,000$6,724,000$0-$6,724,0002016-05-16
Q1 2015SNN
SMITH & NEPHEW PLC
SPDN ADR NEW108,5560-108,556$3,988,000$0-$3,988,0002015-05-15
Q4 2014BIDU
BAIDU INC
SPON ADR REP A40,0000-40,000$8,729,000$0-$8,729,0002015-02-17
Q3 2014JKS
JINKOSOLAR HLDG CO LTD
SPONSORED ADR339,6000-339,600$10,246,000$0-$10,246,0002014-11-14
Q1 2014BIDU
BAIDU INC
SPON ADR REP A239,8000-239,800$42,656,000$0-$42,656,0002014-05-15
Q1 2014VIPS
VIPSHOP HLDGS LTD
SPONSORED ADR50,4000-50,400$4,217,000$0-$4,217,0002014-05-15
Q4 2013ERIC
ERICSSON
ADR B SEK 101,437,8000-1,437,800$19,195,000$0-$19,195,0002014-02-13

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