-----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, IH1knfv4Im+2u83eYdOzoS/WqXHFjp6p8Xh5+C4sZRCZ+feYuh3+wemk59ILRLm+ Ic3VRkH5BmajBJ+VQYtBJA== 0000919574-08-003145.txt : 20080515 0000919574-08-003145.hdr.sgml : 20080515 20080514182338 ACCESSION NUMBER: 0000919574-08-003145 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080515 DATE AS OF CHANGE: 20080514 EFFECTIVENESS DATE: 20080515 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: 08833347 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 d880818_13f-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: March 31, 2008 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Sandler Capital Management Address: 711 Fifth Avenue 15th Floor New York, New York 10022 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, New York May 14, 2008 - ------------------------ -------------------------- ------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [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 managers(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).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 60 Form 13F Information Table Value Total: $440,788 (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 2. 28-10540 Sandler Offshore Fund, Inc. FORM 13F INFORMATION TABLE Sandler Capital Management March 31, 2008
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COL 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE - -------------- -------------- ----- -------- ------- --- ---- ---------- ---- ---- ------ ---- AMERICAN SUPERCONDUCTOR CORP COM 030111108 2,899 125,000 SH PUT SHARED-DEFINED 1,2 0 125,000 0 AMR CORP COM 001765106 1,221 1,270,645 SH SHARED-DEFINED 1,2 0 1,270,645 0 ANSYS INC COM 03662Q105 11,440 331,400 SH SHARED-DEFINED 1,2 0 331,400 0 APPLE INC COM 037833100 14,350 100,000 SH PUT SHARED-DEFINED 1,2 0 100,000 0 BE AEROSPACE INC COM 073302101 4,477 128,100 SH SHARED-DEFINED 1,2 0 128,100 0 BLOCK H & R INC COM 093671105 3,114 150,000 SH PUT SHARED-DEFINED 1,2 0 150,000 0 BOLT TECHNOLOGY CORP COM 097698104 8,294 450,000 SH SHARED-DEFINED 1,2 0 450,000 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 38,625 1,802,380 SH SHARED-DEFINED 1,2 0 1,802,380 0 CISCO SYS INC COM 17275R102 265 11,000 SH SHARED-DEFINED 1,2 0 11,000 0 CLEAN HARBORS INC COM 184496107 11,975 184,233 SH SHARED-DEFINED 1,2 0 184,233 0 CLEVELAND CLIFFS INC COM 185896107 7,189 60,000 SH SHARED-DEFINED 1,2 0 60,000 0 CME GROUP INC COM 12572Q105 5,254 11,200 SH SHARED-DEFINED 1,2 0 11,200 0 COLGATE PALMOLIVE CO COM 194162103 15,247 195,700 SH SHARED-DEFINED 1,2 0 195,700 0 COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 6,932 192,600 SH SHARED-DEFINED 1,2 0 192,600 0 DIAGEO P L C SPON ADR NEW 25243Q205 4,822 59,300 SH SHARED-DEFINED 1,2 0 59,300 0 DIONEX CORP COM 254546104 12,024 156,182 SH SHARED-DEFINED 1,2 0 156,182 0 ENTERGY CORP NEW COM 29364G103 5,323 48,800 SH SHARED-DEFINED 1,2 0 48,800 0 EQUIFAX INC COM 294429105 8,013 232,400 SH SHARED-DEFINED 1,2 0 232,400 0 EXELON CORP COM 30161N101 17,180 211,400 SH SHARED-DEFINED 1,2 0 211,400 0 FIRSTENERGY CORP COM 337932107 5,339 77,800 SH SHARED-DEFINED 1,2 0 77,800 0 GATEHOUSE MEDIA INC COM 367348109 3,810 652,400 SH SHARED-DEFINED 1,2 0 652,400 0 GENERAL ELECTRIC CO COM 369604103 3,512 94,900 SH SHARED-DEFINED 1,2 0 94,900 0 HAYES LEMMERZ INTL INC COM NEW 420781304 614 220,000 SH SHARED-DEFINED 1,2 0 220,000 0 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 9,466 214,900 SH SHARED-DEFINED 1,2 0 214,900 0 ISHARES TR DJ HOME CONSTN 464288752 2,901 144,400 SH SHARED-DEFINED 1,2 0 144,400 0 ISHARES TR RUSSELL 2000 464287655 294 4,300 SH SHARED-DEFINED 1,2 0 4,300 0 ISHARES TR S&P MC 400 GRW 464287606 25,488 312,700 SH SHARED-DEFINED 1,2 0 312,700 0 JEFFERIES GROUP INC NEW COM 472319102 1,613 100,000 SH PUT SHARED-DEFINED 1,2 0 100,000 0 LIBERTY MEDIA CORP NEW ENT COM SER B 53071M609 4,384 195,788 SH SHARED-DEFINED 1,2 0 195,788 0 MEDIS TECHNOLOGIES LTD COM 58500P107 6,149 678,000 SH PUT SHARED-DEFINED 1,2 0 678,000 0 MICROSOFT CORP COM 594918104 312 11,000 SH SHARED-DEFINED 1,2 0 11,000 0 MONSANTO CO NEW COM 61166W101 4,906 44,000 SH SHARED-DEFINED 1,2 0 44,000 0 NAVTEQ CORP COM 63936L100 16,782 246,800 SH SHARED-DEFINED 1,2 0 246,800 0 NAVTEQ CORP COM 63936L100 8,500 125,000 SH CALL SHARED-DEFINED 1,2 0 125,000 0 NDS GROUP PLC SPONSORED ADR 628891103 2,248 46,000 SH SHARED-DEFINED 1,2 0 46,000 0 NEOGEN CORP COM 640491106 8,481 337,874 SH SHARED-DEFINED 1,2 0 337,874 0 OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 9,724 55,000 SH SHARED-DEFINED 1,2 0 55,000 0 PERKINELMER INC COM 714046109 10,728 442,400 SH SHARED-DEFINED 1,2 0 442,400 0 RADIOSHACK CORP COM 750438103 2,600 160,000 SH PUT SHARED-DEFINED 1,2 0 160,000 0 RCN CORP COM NEW 749361200 676 60,500 SH SHARED-DEFINED 1,2 0 60,500 0 RESEARCH IN MOTION LTD COM 760975102 20,179 179,800 SH SHARED-DEFINED 1,2 0 179,800 0 RESMED INC COM 761152107 4,749 112,600 SH SHARED-DEFINED 1,2 0 112,600 0 RETAIL HOLDRS TR DEP RCPT 76127U101 5,957 65,000 SH SHARED-DEFINED 1,2 0 65,000 0 RPM INTL INC COM 749685103 4,094 195,500 SH SHARED-DEFINED 1,2 0 195,500 0 SPDR TR UNIT SER 1 78462F103 17,473 132,400 SH SHARED-DEFINED 1,2 0 132,400 0 STERIS CORP COM 859152100 11,027 411,000 SH SHARED-DEFINED 1,2 0 411,000 0 TRUE RELIGION APPAREL INC COM 89784N104 2,141 115,400 SH PUT SHARED-DEFINED 1,2 0 115,400 0 UNITED PARCEL SERVICE INC CL B 911312106 5,111 70,000 SH SHARED-DEFINED 1,2 0 70,000 0 UNITED STATES OIL FUND LP UNITS 91232N108 8,136 100,000 SH PUT SHARED-DEFINED 1,2 0 100,000 0 USANA HEALTH SCIENCES INC COM 90328M107 15,201 690,000 SH PUT SHARED-DEFINED 1,2 0 690,000 0 VAIL RESORTS INC COM 91879Q109 700 14,500 SH SHARED-DEFINED 1,2 0 14,500 0 VALMONT INDS INC COM 920253101 1,714 19,500 SH SHARED-DEFINED 1,2 0 19,500 0 VEOLIA ENVIRONNEMENT SPONSORED ADR 92334N103 5,776 82,600 SH SHARED-DEFINED 1,2 0 82,600 0 V F CORP COM 918204108 5,302 68,400 SH SHARED-DEFINED 1,2 0 68,400 0 VIACOM INC NEW CL B 92553P201 2,017 50,900 SH SHARED-DEFINED 1,2 0 50,900 0 VIMICRO INTL CORP ADR 92718N109 1,064 386,900 SH SHARED-DEFINED 1,2 0 386,900 0 VMWARE INC CL A COM 928563402 6,423 150,000 SH PUT SHARED-DEFINED 1,2 0 150,000 0 WAL MART STORES INC COM 931142103 4,636 88,000 SH SHARED-DEFINED 1,2 0 88,000 0 XTO ENERGY INC COM 98385X106 4,825 78,000 SH SHARED-DEFINED 1,2 0 78,000 0 YUM BRANDS INC COM 988498101 7,092 190,600 SH SHARED-DEFINED 1,2 0 190,600 0
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