-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BkQKFNVgnCOojPV/Cmc326IzuTW/finm3THeHQaljctIRg8+CwFKss5D8g7gOLoF bhasUBxCYVh2uKpH4RvdHg== 0000898432-11-000142.txt : 20110214 0000898432-11-000142.hdr.sgml : 20110214 20110214113852 ACCESSION NUMBER: 0000898432-11-000142 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 EFFECTIVENESS DATE: 20110214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SANDLER CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0001000742 IRS NUMBER: 112792496 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06285 FILM NUMBER: 11603500 BUSINESS ADDRESS: STREET 1: 711 FIFTH AVENUE STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127548100 MAIL ADDRESS: STREET 1: 711 FIFTH AVENUE STREET 2: 15TH FL CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 a13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2010 ------------------------- Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager filing this Report: Name: Sandler Capital Management ----------------------------------------- 711 Fifth Avenue, 15th Floor ----------------------------------------- New York, NY 10022 ----------------------------------------- Form 13F File Number: 28- 06285 ---------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Andrew Sandler ----------------------------------------- Title: Managing Director ----------------------------------------- Phone: (212) 754-8100 ----------------------------------------- Signature, Place, and Date of Signing: /s/ Andrew Sandler New York, NY February 14, 2011 - ---------------------- ------------------ ---------------------- [Signature] [City, State] [Date] [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) 1 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 ------------------- Form 13F Information Table Entry Total: 115 ------------------- Form 13F Information Table Value Total: 1,124,293 ------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-10539 Sandler Associates 13F REPORT: (12/31/10) SANDLER CAPITAL
VOTING VOTING VOTING VALUE SHARES SH/ PUT/ DISCRETION OTHER AUTHORITY AUTHORITY AUTHORITY ISSUER TYPE CUSIP X 1000 PRN AMT PRN CALL INVESTMENT MANAGERS SOLE SHARED NONE AGCO CORP COM 001084 10 2 4002 79000 SH SHARED-DEFINED 1 0 79000 0 AGILENT TECHNOLOGIES INC COM 00846U 10 1 13092 316000 SH CALL SHARED-DEFINED 1 0 316000 0 ALLERGAN INC COM 018490 10 2 7293 106200 SH SHARED-DEFINED 1 0 106200 0 AMAZON COM INC COM 023135 10 6 6480 36000 SH PUT SHARED-DEFINED 1 0 36000 0 ANSYS INC COM 03662Q 10 5 11148 214100 SH SHARED-DEFINED 1 0 214100 0 APPLE INC COM 037833 10 0 14031 43500 SH SHARED-DEFINED 1 0 43500 0 ARM HLDGS PLC SPONSORED ADR 042068 10 6 8808 424500 SH SHARED-DEFINED 1 0 424500 0 ART TECHNOLOGY GROUP INC COM 04289L 10 7 9238 1544780 SH SHARED-DEFINED 1 0 1544780 0 BANK OF AMERICA CORPORATION COM 060505 10 4 13340 1000000 SH CALL SHARED-DEFINED 1 0 1000000 0 BECKMAN COULTER INC COM 075811 10 9 15543 206600 SH SHARED-DEFINED 1 0 206600 0 BED BATH & BEYOND INC COM 075896 10 0 10179 207100 SH SHARED-DEFINED 1 0 207100 0 BJS WHOLESALE CLUB INC COM 05548J 10 6 10284 214700 SH SHARED-DEFINED 1 0 214700 0 BUCYRUS INTL INC NEW COM 118759 10 9 19909 222700 SH CALL SHARED-DEFINED 1 0 222700 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C 10 9 21882 646623 SH SHARED-DEFINED 1 0 646623 0 CAMERON INTERNATIONAL CORP COM 13342B 10 5 3835 75600 SH SHARED-DEFINED 1 0 75600 0 CARBO CERAMICS INC COM 140781 10 5 17436 168400 SH SHARED-DEFINED 1 0 168400 0 CEMEX SAB DE CV SPON ADR NEW 151290 88 9 1810 169000 SH PUT SHARED-DEFINED 1 0 169000 0 CITIGROUP INC COM 172967 10 1 7255 1533800 SH SHARED-DEFINED 1 0 1533800 0 CLEAN HARBORS INC COM 184496 10 7 36381 432700 SH SHARED-DEFINED 1 0 432700 0 CME GROUP INC COM 12572Q 10 5 7175 22300 SH SHARED-DEFINED 1 0 22300 0 CNH GLOBAL N V SHS NEW N20935 20 6 4020 84200 SH SHARED-DEFINED 1 0 84200 0 COMPELLENT TECHNOLOGIES INC COM 20452A 10 8 5904 214000 SH CALL SHARED-DEFINED 1 0 214000 0 COMSCORE INC COM 20564W 10 5 9405 421000 SH SHARED-DEFINED 1 0 421000 0 COOPER INDUSTRIES PLC SHS G24140 10 8 10912 187200 SH SHARED-DEFINED 1 0 187200 0 CORE LABORATORIES N V COM N22717 10 7 12681 142400 SH SHARED-DEFINED 1 0 142400 0 COSTCO WHSL CORP NEW COM 22160K 10 5 11185 154900 SH SHARED-DEFINED 1 0 154900 0 DANA HLDG CORP COM 235825 20 5 3409 198100 SH SHARED-DEFINED 1 0 198100 0 DANAHER CORP DEL COM 235851 10 2 8269 175300 SH SHARED-DEFINED 1 0 175300 0 DECKERS OUTDOOR CORP COM 243537 10 7 2416 30300 SH SHARED-DEFINED 1 0 30300 0 DEERE & CO COM 244199 10 5 8670 104400 SH SHARED-DEFINED 1 0 104400 0 DEMANDTEC INC COM NEW 24802R 50 6 11887 1096600 SH SHARED-DEFINED 1 0 1096600 0 DIAMOND OFFSHORE DRILLING IN COM 25271C 10 2 3323 49700 SH SHARED-DEFINED 1 0 49700 0 DIONEX CORP COM 254546 10 4 16887 143100 SH SHARED-DEFINED 1 0 143100 0 DISCOVERY COMMUNICATNS NEW COM SER C 25470F 30 2 10259 279600 SH SHARED-DEFINED 1 0 279600 0 DISCOVERY COMMUNICATNS NEW COM SER A 25470F 10 4 3653 87600 SH SHARED-DEFINED 1 0 87600 0 DR PEPPER SNAPPLE GROUP INC COM 26138E 10 9 4493 127800 SH SHARED-DEFINED 1 0 127800 0 DRIL-QUIP INC COM 262037 10 4 3746 48200 SH SHARED-DEFINED 1 0 48200 0 EATON CORP COM 278058 10 2 6608 65100 SH SHARED-DEFINED 1 0 65100 0 EBAY INC COM 278642 10 3 6963 250200 SH SHARED-DEFINED 1 0 250200 0 EXPRESS SCRIPTS INC COM 302182 10 0 7837 145000 SH SHARED-DEFINED 1 0 145000 0 FLUOR CORP NEW COM 343412 10 2 4883 73700 SH SHARED-DEFINED 1 0 73700 0 FOSSIL INC COM 349882 10 0 11326 160700 SH SHARED-DEFINED 1 0 160700 0 FREEPORT-MCMORAN COPPER & GO COM 35671D 85 7 7506 62500 SH SHARED-DEFINED 1 0 62500 0 GATX CORP COM 361448 10 3 5144 145800 SH SHARED-DEFINED 1 0 145800 0 GENERAL MLS INC COM 370334 10 4 7047 198000 SH CALL SHARED-DEFINED 1 0 198000 0 GILDAN ACTIVEWEAR INC COM 375916 10 3 3570 125300 SH SHARED-DEFINED 1 0 125300 0 GOODRICH CORP COM 382388 10 6 10031 113900 SH SHARED-DEFINED 1 0 113900 0 GOOGLE INC CL A 38259P 50 8 6237 10500 SH SHARED-DEFINED 1 0 10500 0 HANSEN NAT CORP COM 411310 10 5 4642 88800 SH SHARED-DEFINED 1 0 88800 0 HANSEN NAT CORP COM 411310 10 5 18037 345000 SH CALL SHARED-DEFINED 1 0 345000 0 HARMAN INTL INDS INC COM 413086 10 9 9677 209000 SH SHARED-DEFINED 1 0 209000 0 HELEN OF TROY CORP LTD COM G4388N 10 6 34653 1165193 SH SHARED-DEFINED 1 0 1165193 0 HELMERICH & PAYNE INC COM 423452 10 1 11689 241100 SH SHARED-DEFINED 1 0 241100 0 HOME DEPOT INC COM 437076 10 2 5259 150000 SH SHARED-DEFINED 1 0 150000 0 HUNT J B TRANS SVCS INC COM 445658 10 7 13165 322600 SH SHARED-DEFINED 1 0 322600 0 ILLUMINA INC COM 452327 10 9 6233 98400 SH SHARED-DEFINED 1 0 98400 0 ISHARES TR DJ MED DEVICES 464288 81 0 12736 216200 SH SHARED-DEFINED 1 0 216200 0 KANSAS CITY SOUTHN COM STK COM NEW 485170 30 2 17770 371300 SH SHARED-DEFINED 1 0 371300 0 SPDR SERIES TRUST SPDR KBW INS ETF 78464A 78 9 7543 175300 SH SHARED-DEFINED 1 0 175300 0 LABORATORY CORP AMER HLDGS COM NEW 50540R 40 9 7473 85000 SH SHARED-DEFINED 1 0 85000 0 LAS VEGAS SANDS CORP COM 517834 10 7 2941 64000 SH SHARED-DEFINED 1 0 64000 0 LIBERTY MEDIA CORP NEW CAP COM SER A 53071M 30 2 10723 171400 SH SHARED-DEFINED 1 0 171400 0 LIFE TECHNOLOGIES CORP COM 53217V 10 9 8580 154600 SH SHARED-DEFINED 1 0 154600 0 LOGMEIN INC COM 54142L 10 9 5183 116900 SH SHARED-DEFINED 1 0 116900 0 LORAL SPACE & COMMUNICATNS I COM 543881 10 6 2394 31300 SH SHARED-DEFINED 1 0 31300 0 MACYS INC COM 55616P 10 4 3388 133900 SH SHARED-DEFINED 1 0 133900 0 MADISON SQUARE GARDEN INC CL A 55826P 10 0 12902 500455 SH SHARED-DEFINED 1 0 500455 0 MARKET VECTORS ETF TR AGRIBUS ETF 57060U 60 5 10237 191200 SH SHARED-DEFINED 1 0 191200 0 MASSEY ENERGY COMPANY COM 576206 10 6 11642 217000 SH PUT SHARED-DEFINED 1 0 217000 0 MEAD JOHNSON NUTRITION CO COM 582839 10 6 17368 279000 SH CALL SHARED-DEFINED 1 0 279000 0 MGM RESORTS INTERNATIONAL COM 552953 10 1 5463 367900 SH SHARED-DEFINED 1 0 367900 0 MOLYCORP INC DEL COM 608753 10 9 4202 84200 SH SHARED-DEFINED 1 0 84200 0 MOSAIC CO COM 61945A 10 7 6185 81000 SH SHARED-DEFINED 1 0 81000 0 NATIONAL TECHNICAL SYS INC COM 638104 10 9 6462 800689 SH SHARED-DEFINED 1 0 800689 0 NATIONAL OILWELL VARCO INC COM 637071 10 1 7465 111000 SH SHARED-DEFINED 1 0 111000 0 NORTH AMERN ENERGY PARTNERS COM 656844 10 7 5204 424500 SH SHARED-DEFINED 1 0 424500 0 NXSTAGE MEDICAL INC COM 67072V 10 3 2601 104551 SH SHARED-DEFINED 1 0 104551 0 OCEANEERING INTL INC COM 675232 10 2 14881 202100 SH SHARED-DEFINED 1 0 202100 0 OIL STS INTL INC COM 678026 10 5 19573 305400 SH SHARED-DEFINED 1 0 305400 0 OSI SYSTEMS INC COM 671044 10 5 4534 124700 SH SHARED-DEFINED 1 0 124700 0 P F CHANGS CHINA BISTRO INC COM 69333Y 10 8 2331 48100 SH SHARED-DEFINED 1 0 48100 0 PALL CORP COM 696429 30 7 10684 215500 SH SHARED-DEFINED 1 0 215500 0 PETSMART INC COM 716768 10 6 4042 101500 SH SHARED-DEFINED 1 0 101500 0 POTASH CORP SASK INC COM 73755L 10 7 8686 56100 SH SHARED-DEFINED 1 0 56100 0 POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D 10 7 27238 1199400 SH SHARED-DEFINED 1 0 1199400 0 RETAIL VENTURES INC COM 76128Y 10 2 30113 1847400 SH SHARED-DEFINED 1 0 1847400 0 ROBBINS & MYERS INC COM 770196 10 3 5671 158500 SH SHARED-DEFINED 1 0 158500 0 ROSS STORES INC COM 778296 10 3 2758 43600 SH SHARED-DEFINED 1 0 43600 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T 10 3 13724 292000 SH CALL SHARED-DEFINED 1 0 292000 0 SALESFORCE COM INC COM 79466L 30 2 3234 24500 SH SHARED-DEFINED 1 0 24500 0 SANDISK CORP COM 80004C 10 1 3974 79700 SH SHARED-DEFINED 1 0 79700 0 SCRIPPS NETWORKS INTERACT IN CL A COM 811065 10 1 18514 357760 SH SHARED-DEFINED 1 0 357760 0 SEALED AIR CORP NEW COM 81211K 10 0 4947 194400 SH SHARED-DEFINED 1 0 194400 0 SEARS HLDGS CORP COM 812350 10 6 12169 165000 SH PUT SHARED-DEFINED 1 0 165000 0 SIGMA ALDRICH CORP COM 826552 10 1 9804 147300 SH SHARED-DEFINED 1 0 147300 0 SPDR SERIES TRUST KBW REGN BK ETF 78464A 69 8 15317 579100 SH SHARED-DEFINED 1 0 579100 0 SPDR SERIES TRUST KBW REGN BK ETF 78464A 69 8 4232 160000 SH CALL SHARED-DEFINED 1 0 160000 0 STRYKER CORP COM 863667 10 1 7346 136800 SH SHARED-DEFINED 1 0 136800 0 SUCCESSFACTORS INC COM 864596 10 1 9102 314300 SH SHARED-DEFINED 1 0 314300 0 SUNCOR ENERGY INC NEW COM 867224 10 7 10442 272700 SH SHARED-DEFINED 1 0 272700 0 TANGER FACTORY OUTLET CTRS I COM 875465 10 6 17138 334800 SH SHARED-DEFINED 1 0 334800 0 TIMKEN CO COM 887389 10 4 16133 338000 SH SHARED-DEFINED 1 0 338000 0 TRIUMPH GROUP INC NEW COM 896818 10 1 5427 60700 SH SHARED-DEFINED 1 0 60700 0 TRUE RELIGION APPAREL INC COM 89784N 10 4 9371 421000 SH PUT SHARED-DEFINED 1 0 421000 0 UNION PAC CORP COM 907818 10 8 11379 122800 SH SHARED-DEFINED 1 0 122800 0 UNITED PARCEL SERVICE INC CL B 911312 10 6 19024 262110 SH SHARED-DEFINED 1 0 262110 0 USANA HEALTH SCIENCES INC COM 90328M 10 7 3875 89000 SH SHARED-DEFINED 1 0 89000 0 VAIL RESORTS INC COM 91879Q 10 9 10939 210200 SH SHARED-DEFINED 1 0 210200 0 VALERO ENERGY CORP NEW COM 91913Y 10 0 8369 362000 SH CALL SHARED-DEFINED 1 0 362000 0 VALMONT INDS INC COM 920253 10 1 6921 78000 SH SHARED-DEFINED 1 0 78000 0 VERISIGN INC COM 92343E 10 2 4522 138400 SH SHARED-DEFINED 1 0 138400 0 VERIZON COMMUNICATIONS INC COM 92343V 10 4 9983 279000 SH SHARED-DEFINED 1 0 279000 0 VIACOM INC NEW CL B 92553P 20 1 18759 473600 SH SHARED-DEFINED 1 0 473600 0 WALTER ENERGY INC COM 93317Q 10 5 17706 138500 SH SHARED-DEFINED 1 0 138500 0 WYNN RESORTS LTD COM 983134 10 7 2222 21400 SH SHARED-DEFINED 1 0 21400 0
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