Latest Sandy Spring Bank Stock Portfolio
Sandy Spring Bank Performance:
2024 Q3: 4.85%YTD: 6.93%2023: 17.41%
Performance for 2024 Q3 is 4.85%, and YTD is 6.93%, and 2023 is 17.41%.
About Sandy Spring Bank and 13F Hedge Fund Stock Holdings
Sandy Spring Bank is a hedge fund based in MCLEAN, VA. On 11-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.9 Billions. In it's latest 13F Holdings report, Sandy Spring Bank reported an equity portfolio of $2.4 Billions as of 30 Sep, 2024.
The top stock holdings of Sandy Spring Bank are IJR, IJR, AAPL. The fund has invested 6.3% of it's portfolio in ISHARES S&P MIDCAP 400 INDEX and 5.5% of portfolio in ISHARES S&P 500 INDEX FUND.
The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), ISHARES TR (IBCE) and BLACKSKY TECHNOLOGY INC (BKSY) stocks. They significantly reduced their stock positions in LUMEN TECHNOLOGIES INC (LUMN), ISHARES TR (AAXJ) and SYNCHRONY FINANCIAL (SYF). Sandy Spring Bank opened new stock positions in ISHARES IBONDS DEC 2034 CORP ETF, CHECK POINT SOFTWARE TECH LT (CHKP) and BLACKSKY TECHNOLOGY INC (BKSY). The fund showed a lot of confidence in some stocks as they added substantially to ATMOS ENERGY CORPORATION (ATO), E L F BEAUTY INC (ELF) and VANGUARD SCOTTSDALE FDS (BNDW).
The top stock holdings of Sandy Spring Bank are IJR, IJR, AAPL. The fund has invested 6.3% of it's portfolio in ISHARES S&P MIDCAP 400 INDEX and 5.5% of portfolio in ISHARES S&P 500 INDEX FUND.
The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), ISHARES TR (IBCE) and BLACKSKY TECHNOLOGY INC (BKSY) stocks. They significantly reduced their stock positions in LUMEN TECHNOLOGIES INC (LUMN), ISHARES TR (AAXJ) and SYNCHRONY FINANCIAL (SYF). Sandy Spring Bank opened new stock positions in ISHARES IBONDS DEC 2034 CORP ETF, CHECK POINT SOFTWARE TECH LT (CHKP) and BLACKSKY TECHNOLOGY INC (BKSY). The fund showed a lot of confidence in some stocks as they added substantially to ATMOS ENERGY CORPORATION (ATO), E L F BEAUTY INC (ELF) and VANGUARD SCOTTSDALE FDS (BNDW).
Sandy Spring Bank Annual Return Estimates Vs S&P 500
Our best estimate is that Sandy Spring Bank made a return of 4.85% in the last quarter. In trailing 12 months, it's portfolio return was 16.57%.
New Buys
| Ticker | $ Bought |
|---|---|
| ishares ibonds dec 2034 corp etf | 746,384 |
| ishares ibonds dec 2030 muni etf | 616,544 |
| amentum holdings inc | 317,857 |
| check point software tech lt | 149,428 |
| te connectivity plc | 97,889 |
| bgc group inc | 91,991 |
New stocks bought by Sandy Spring Bank
Additions
| Ticker | % Inc. |
|---|---|
| atmos energy corporation | 1,110 |
| davita inc | 430 |
| vertiv holdings co | 360 |
| baker hughes company | 314 |
| cintas corp | 300 |
| vertex pharmaceuticals inc | 239 |
| synopsys, inc | 202 |
| dbx etf tr | 145 |
Additions to existing portfolio by Sandy Spring Bank
Reductions
| Ticker | % Reduced |
|---|---|
| lamb weston hldgs inc | -78.13 |
| agco corporation | -55.82 |
| utilities select sector spdr fund | -48.24 |
| cable one inc | -43.78 |
| 3m company | -34.79 |
| netflix, inc | -34.48 |
| intuit inc | -31.01 |
| intel corporation | -29.73 |
Sandy Spring Bank reduced stake in above stock
Sold off
Sector Distribution
Sandy Spring Bank has about 44.8% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 44.8 |
| Technology | 17.8 |
| Financial Services | 7.5 |
| Healthcare | 6.9 |
| Consumer Cyclical | 6.2 |
| Industrials | 4.6 |
| Communication Services | 4.4 |
| Consumer Defensive | 3.7 |
| Energy | 1.6 |
| Utilities | 1.1 |
Market Cap. Distribution
Sandy Spring Bank has about 54.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 44.8 |
| MEGA-CAP | 30.2 |
| LARGE-CAP | 23.9 |
Stocks belong to which Index?
About 53.5% of the stocks held by Sandy Spring Bank either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 53.5 |
| Others | 45.8 |
Sandy Spring Bank Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Sandy Spring Bank
Sandy Spring Bank has 1191 stocks in it's portfolio. About 35.3% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Sandy Spring Bank last quarter.
Last Reported on: 25 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.00 | 727 | 107,945 | added | 0.83 | ||
| AAPL | apple, inc. | 4.52 | 470,914 | 109,723,000 | reduced | -0.65 | ||
| AAXJ | ishares tr | 0.01 | 4,392 | 235,938 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.01 | 2,158 | 146,064 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.01 | 1,473 | 134,707 | added | 7.28 | ||
| AAXJ | ishares tr | 0.00 | 1,483 | 119,090 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.00 | 7,825 | 114,950 | reduced | -24.98 | ||
| AAXJ | ishares tr | 0.00 | 830 | 99,908 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.00 | 1,524 | 90,279 | unchanged | 0.00 | ||
| AAXJ | ishares tr msci eafe growth fd etf | 0.00 | 817 | 87,951 | unchanged | 0.00 | ||
| ABBV | abbvie inc | 0.31 | 37,599 | 7,425,150 | reduced | -0.02 | ||
| ABT | abbott laboratories | 0.52 | 110,003 | 12,541,400 | reduced | -8.17 | ||
| ACN | accenture plc cl a | 0.64 | 43,631 | 15,422,700 | reduced | -1.58 | ||
| ACSG | dbx etf tr | 0.03 | 15,857 | 666,331 | added | 145 | ||
| ACWF | ishares tr | 0.73 | 426,966 | 17,714,800 | added | 19.49 | ||
| ACWF | ishares ibonds dec 2025 corp etf | 0.23 | 223,812 | 5,617,680 | reduced | -0.2 | ||
| ACWF | ishares ibonds dec 2024 corp etf | 0.14 | 136,019 | 3,429,040 | reduced | -17.76 | ||
| ACWF | ishares exponential technology etf | 0.02 | 7,634 | 464,773 | reduced | -6.46 | ||
| ADBE | adobe systems inc | 0.47 | 22,257 | 11,524,200 | added | 1.27 | ||
| ADI | analog devices inc | 0.01 | 1,370 | 315,334 | reduced | -0.36 | ||