Sandell Investment Services LLC

High-turnover traderSector-focusedContrarian

Total reported value

$23.2M

Reporting period: 2015-12-31 · Number of holdings: 18

Sandell Investment Services LLC disclosed 18 holdings in its latest 13F filing for the period ending 2015-12-31, with total reported value of $23.2M and a quarterly turnover rate of 173.3%.

Personality snowflake

Concentration: 31.18
Portfolio Stability: 100
Momentum/Contrarian: 0
Sector conviction: 100
Diversification: 36
Sizing Uniformity: 93.47

Recent moves

Add ETD
-32.4%　-$1.5M
Add CVCEUR
+10.2%　$171.0K
Add AKRXEUR
-49.3%　-$1.1M
Add BOBEUSD
-54.2%　-$3.1M
Add 852891100
-32.4%　-$461.0K
Add ALLY
-62.3%　-$2.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	ETD	Ethan Allen Interiors INC	Stock-Other	15.71%	+12.72%	-32.35%
2	CVCEUR	Cablevision Systems-ny Grp-a	Stock-Other	9.71%	+8.49%	+10.17%
3	AKRXEUR	Akorn INC	Stock-Other	9.61%	+7.65%	-49.31%
4	BOBEUSD	Bob Evans Farms	Stock-Other	9.21%	+6.17%	-54.19%
5	✓	Airgas INC	Stock-Other	7.90%	+7.90%	NEW
6	✓	Forest City Enterprises INC	Stock-Other	5.45%	+5.45%	NEW
7	✓	Pmc-sierra INC	Stock-Other	4.92%	+4.92%	NEW
8	✓		Stock-Other	4.85%	+4.85%	NEW
9	ALLY	Ally Financial INC	Stock-Financials	4.68%	+2.84%	-62.28%
10	ABG	Asbury Automotive Group	Stock-Consumer Disc	4.60%	+4.60%	NEW
11	CITUSD	Cit Group INC	Stock-Other	4.57%	+4.57%	NEW
12	✓		Stock-Other	4.34%	+4.34%	NEW
13	✓	Stancorp Finl Group INC Com	Stock-Other	4.11%	+3.28%	-32.35%
14	✓	Blount Intl INC New	Stock-Other	2.41%	+2.41%	NEW
15	✓	Media General INC	Stock-Other	2.24%	+2.24%	NEW
16	VSLR	Vivint Solar INC	Stock-Other	2.05%	+1.13%	-88.33%
17	XLF	Ss Financial Select Sector	ETF-Other	2.01%	+2.01%	NEW
18	VIAV	Viavi Solutions INC	Stock-Tech	1.63%	-0.10%	-88.79%

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2015-12-31	18	$23.2M	100	1ETD 2CVCEUR 3AKRXEUR Top holdings2015-12-31 1.ETD 2.CVCEUR 3.AKRXEUR 4.BOBEUSD 5.009363 6.345550 7.69344F 8.049513 9.ALLY 10.ABG
2015-09-30	18	$171.5M	100	178462F2BKD3096761 Top holdings2015-09-30 1.78462F 2.BKD 3.096761 4.BOBEUSD 5.ETD 6.925550 7.G52237 8.AKRXEUR 9.ALLY 10.VIAV
2015-06-30	25	$92.0M	78	1BOBEUSD 2BKD 3IWM Top holdings2015-06-30 1.BOBEUSD 2.BKD 3.IWM 4.AKRXEUR 5.SUNEQUSD 6.46612J 7.97382A 8.DK 9.205363 10.ETD
2015-03-31	21	$93.1M	100	1BOBEUSD 2BKD 3CITUSD Top holdings2015-03-31 1.BOBEUSD 2.BKD 3.CITUSD 4.768573 5.50420D 6.SUNEQUSD 7.46612J 8.IWM 9.716933 10.75971M
2014-12-31	17	$104.9M	100	1BOBEUSD 2GM 3BKD Top holdings2014-12-31 1.BOBEUSD 2.GM 3.BKD 4.MTOR 5.46612J 6.768573 7.SUNEQUSD 8.229678 9.231082 10.87425E
2014-09-30	15	$123.0M	97	1BOBEUSD246612J3SEMGUSD Top holdings2014-09-30 1.BOBEUSD 2.46612J 3.SEMGUSD 4.205638 5.MTOR 6.TCPA 7.VC 8.SUNEQUSD 9.587118 10.GLNG
2014-06-30	18	$125.6M	63	1MTOR 2BOBEUSD 3VC Top holdings2014-06-30 1.MTOR 2.BOBEUSD 3.VC 4.205638 5.SUNEQUSD 6.587118 7.OIS 8.AANUSD 9.HO1 10.GM
2014-03-31	21	$126.1M	78	12056382OIS 3VC Top holdings2014-03-31 1.205638 2.OIS 3.VC 4.BOBEUSD 5.MTOR 6.29444U 7.AANUSD 8.31620R 9.HO1 10.GM
2013-12-31	21	$105.1M	69	12056382BOBEUSD 3VC Top holdings2013-12-31 1.205638 2.BOBEUSD 3.VC 4.29444U 5.BERYEUR 6.GM 7.LAMR 8.TKR 9.52602E 10.OIS
2013-09-30	22	$114.4M	99	120563828475603BOBEUSD Top holdings2013-09-30 1.205638 2.847560 3.BOBEUSD 4.VC 5.TKR 6.PSX 7.OIS 8.LAMR 9.H5833N 10.BERYEUR
2013-06-30	26	$86.3M	0	184756022056383OPLN Top holdings2013-06-30 1.847560 2.205638 3.OPLN 4.BOBEUSD 5.270321 6.BERYEUR 7.080555 8.TKR 9.774415 10.H5833N

Holding changes this quarter

Sandell Investment Services LLC's most significant position changes for 2015-12-31: Sold out: Spdr S&p 500 ETF Tr; Sold out: Brookdale Senior Living INC (BKD); Sold out: Bob Evans Farms INC; Sold out: Viavi Solutions INC; Sold out: Avolon Holdings LTD.

Position changes disclosed by Sandell Investment Services LLC for the quarter ending 2015-12-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	ETD	Ethan Allen Interiors INC	+12.7%	-32.35%	Trim
2	CVCEUR	Cablevision Systems-ny Grp-a	+8.5%	+10.17%	Add
3	AKRXEUR	Akorn INC	+7.7%	-49.31%	Trim
4	BOBEUSD	Bob Evans Farms	+6.2%	-54.19%	Trim
5	✓	Stancorp Finl Group INC Com	+3.3%	-32.35%	Trim
6	ALLY	Ally Financial INC	+2.8%	-62.28%	Trim
7	VSLR	Vivint Solar INC	+1.1%	-88.33%	Trim
8	VIAV	Viavi Solutions INC	-0.1%	-88.79%	Trim
9	✓	Spdr S&p 500 ETF Tr	—	EXIT	Sold out
10	BKD	Brookdale Senior Living INC	—	EXIT	Sold out
11	✓	Bob Evans Farms INC	—	EXIT	Sold out
12	✓	Viavi Solutions INC	—	EXIT	Sold out
13	✓	Avolon Holdings LTD	—	EXIT	Sold out
14	✓	Jds Uniphase CORP	—	EXIT	Sold out
15	SUNEQUSD	Sunedison INC	—	EXIT	Sold out
16	✓	Airgas INC	—	NEW	New buy
17	✓	Ishares Tr	—	EXIT	Sold out
18	✓	Forest City Enterprises INC	—	NEW	New buy
19	QCOM	QUALCOMM Incorporated	—	EXIT	Sold out
20	✓	Pmc-sierra INC	—	NEW	New buy
21	✓		—	NEW	New buy
22	ABG	Asbury Automotive Group	—	NEW	New buy
23	CITUSD	Cit Group INC	—	NEW	New buy
24	✓		—	NEW	New buy
25	✓	Blount Intl INC New	—	NEW	New buy
26	✓	Media General INC	—	NEW	New buy
27	✓	Integrated Silicon Solution	—	EXIT	Sold out
28	XLF	Ss Financial Select Sector	—	NEW	New buy

FAQ

What is Sandell Investment Services LLC and what type of investor is it?

Sandell Investment Services LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2015-12-31), the firm manages a tracked equity portfolio valued at approximately $23.2M, spread across 18 disclosed positions.

What are Sandell Investment Services LLC's largest equity positions?

Based on the latest 13F filing, Sandell Investment Services LLC's top holdings by market value are: 1. Ethan Allen Interiors INC (ETD) — $3.6M (15.7%) 2. Cablevision Systems-ny Grp-a (CVCEUR) — $2.3M (9.7%) 3. Akorn INC (AKRXEUR) — $2.2M (9.6%) 4. Bob Evans Farms (BOBEUSD) — $2.1M (9.2%) 5. Airgas INC — $1.8M (7.9%)

What changes did Sandell Investment Services LLC make in its most recent portfolio filing?

In the latest reported quarter, Sandell Investment Services LLC made 28 notable position adjustments: 10 new positions were initiated, 1 existing holdings were added to, 7 positions were partially reduced, and 10 were completely exited. The largest of these moves: Sold out: Spdr S&p 500 ETF Tr; Sold out: Brookdale Senior Living INC (BKD); Sold out: Bob Evans Farms INC; Sold out: Viavi Solutions INC; Sold out: Avolon Holdings LTD

What sectors does Sandell Investment Services LLC focus on?

Sandell Investment Services LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 100.0%