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.
AUM figures shown are calculated by summing the reported market value of all positions in SEC 13F-HR filings — not the fund's actual assets under management.
- Excludes cash, bonds, private equity, short positions, and foreign-listed stocks not required to be reported.
- For PUT and CALL options, the reported Value is the notional value of the underlying shares — not the option premium paid. This significantly overstates the actual capital at risk.
- Actual fund AUM is typically higher and includes strategies, instruments, and positions that never appear in a 13F.
- 13F filings cover institutional managers with ≥$100M in 13F securities. Positions reflect end-of-quarter holdings, disclosed up to 45 days after the period ends.
Data sourced from SEC EDGAR. This tracker is for informational purposes only and does not constitute investment advice.
Portfolio Holdings
Top 1 positions
| Ticker | Issuer | Notional | Port % | Allocation |
|---|---|---|---|---|
| $0.0M | — | — |
Quarter-on-Quarter Activity
Q2 2026 vs. Q1 2026
New Positions (1)
| Ticker | Issuer | Notional |
|---|---|---|
| $0.0M |
Exited Positions (8)
| Ticker | Issuer | Notional |
|---|---|---|
| SE | $336.7M | |
| AMZN | $321.5M | |
| PFGC | $318.6M | |
| CPNG | $292.8M | |
| AMD | $239.4M | |
| DT | $196.2M | |
| ABG | $186.8M | |
| LPX | $184.3M |
Increased
None this quarter
Trimmed
None this quarter
Quarter Activity
In the most recent quarter, Eminence Capital made significant adjustments to its portfolio, notably exiting positions in Sea Limited (SE), Amazon.com Inc. (AMZN), Performance Food Group Co. (PFGC), Coupang Inc. (CPNG), and Advanced Micro Devices Inc. (AMD). The fund did not initiate any new positions or increase any existing holdings during this period. These exits marked a major shift in the fund's investment strategy, as it moved away from several high-profile holdings.
AI Commentary
<p>The current portfolio of Eminence Capital, as of the latest reporting period ending June 30, 2026, shows a significant shift, with the fund holding no positions. Previously, the fund had substantial investments in companies like Sea Ltd (SE), Amazon.com Inc (AMZN), Performance Food Group Co (PFGC), Coupang Inc (CPNG), and Advanced Micro Devices Inc (AMD), indicating a diverse interest across technology and consumer goods sectors. However, all these positions have been closed, leaving the fund with no active investments.</p> <p>The recent strategic moves by Eminence Capital, including the closure of all its positions, signal a drastic change in its investment approach or possibly a winding down of operations. The closure of high-value positions in major tech and consumer stocks such as SE, AMZN, and AMD might suggest a bearish outlook on these sectors or a shift towards a more conservative, cash-holding strategy amidst market uncertainties. This complete divestment could be indicative of significant risk aversion or a reevaluation of the fund's long-term investment strategy.</p>