Sandy Spring Bank

CIK 1457833 · View on SEC EDGAR ↗

Portfolio value
$541.8M
#3,588 of 9,443 by 13F value · top 38.0%
Positions
1,217
As of
March 31, 2025 Data as of Q1 2025

Portfolio value QoQ: -60.8% 13F does not disclose cash

Top 10 holdings weight
40.26%
Top 25 holdings weight
57.85%
Positions above 1%
25
Effective number of positions
41.1

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q1 2025: 20.64% Est. buys $198,524,014 · sells $959,457,210

New positions
120
Increased
291
Decreased
394
Closed
125
On this page

Sector breakdown

Financial Services
6.1%
Technology
5.3%
Industrials
3.7%
Energy
3.5%
Financials
3.3%
Healthcare
2.8%
Retail
1.5%
Utilities
1.0%
Consumer Discretionary
0.9%
Consumer products
0.7%
Real Estate
0.6%
Communication Services
0.6%
Materials
0.5%
Consumer Staples
0.4%
Communications
0.1%
Telecommunication
0.1%
Logistics & Transportation
0.1%
Packaging
0.0%
Diversified Consumer Services
0.0%
Other/Unmapped
68.9%

Full portfolio 1,217 positions

Type Streak 8Q trend
JEPI $42,764,397 7.89% 748,414 $41,423,948 Up ×1
BRKB $42,304,075 7.81% 79,432 $35,312,115 Up ×1
IVV $27,526,919 5.08% 48,989 $-76,351,271 Down ×1
DON $21,442,557 3.96% 433,008 $-5,335,363 Down ×1
MA Mastercard Incorporated Common Stock $16,036,604 2.96% 29,257 $15,930,221 Up ×1
VONG Vanguard Russell 1000 Growth ETF $15,594,195 2.88% 168,059 $87,728 Up ×1
DFAT $14,880,615 2.75% 289,000 $486,602 Up ×1
XMHQ $14,294,424 2.64% 156,172 $7,374,838 Up ×1
DFUV $12,686,158 2.34% 307,842 $-780,079 Down ×1
JPST $10,572,091 1.95% 208,811 $1,106,571 Up ×1
VUG $10,191,635 1.88% 27,484 $8,753,863 Up ×1
SHBI Shore Bancshares, Inc. - Common Stock $7,765,218 1.43% 573,502 $-1,324,789
LNG Cheniere Energy, Inc. Common Stock $7,405,060 1.37% 32,001 $649,091 Up ×1
DFUS $6,344,209 1.17% 104,898 $-296,147 Up ×1
IBDS $6,031,242 1.11% 249,431 $305,425 Up ×1
IBDT $6,006,095 1.11% 237,771 $361,614 Up ×1
IBDR $5,954,764 1.10% 245,963 $244,758 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $5,927,247 1.09% 10,850 $-3,449,294 Down ×1
MCHP Microchip Technology Incorporated - Common Stock $5,830,694 1.08% 120,444 $5,677,913 Up ×1
AAPL Apple Inc. - Common Stock $5,825,151 1.08% 26,224 $-63,682,712 Down ×1
IBDU $5,759,717 1.06% 249,015 $331,356 Up ×1
XLB XLB $5,704,085 1.05% 66,342 $4,660,328 Up ×1
IBDW $5,634,642 1.04% 271,549 $5,630,877 Up ×1
IBDV $5,547,049 1.02% 255,389 $316,818 Up ×1
IBDX $5,407,511 1.00% 216,387 $418,238 Up ×1
IBDQ $5,360,446 0.99% 213,139 $-98,425 Down ×1
LH Labcorp Holdings Inc. Common Stock $5,359,071 0.99% 23,026 $5,245,557 Up ×1
BN Brookfield Corporation Class A Limited Voting Shares $5,303,001 0.98% 101,183 $5,243,425 Up ×1
RDVY First Trust Rising Dividend Achievers ETF $5,221,403 0.96% 89,194 $2,486,312 Up ×1
IBDY $5,042,835 0.93% 197,294 $571,998 Up ×1
DFLV $4,440,933 0.82% 145,271 $353,877 Up ×1
IBDZ $4,391,718 0.81% 170,318 $793,139 Up ×1
EMLP $4,100,884 0.76% 109,386 $124,704 Down ×1
VCSH Vanguard Short-Term Corporate Bond ETF $3,805,303 0.70% 48,205 $3,798,984 Up ×1
VB $3,540,508 0.65% 15,966 $2,335,023 Up ×1
PWR Quanta Services, Inc. Common Stock $3,350,855 0.62% 13,183 $3,270,262 Up ×1
ZTS Zoetis Inc. Class A Common Stock $3,309,136 0.61% 20,098 $-4,903,145 Down ×1
FCF First Commonwealth Financial Corporation Common Stock $3,240,774 0.60% 208,544 $-287,790
BAH Booz Allen Hamilton Holding Corporation Common Stock $3,188,921 0.59% 30,493 $2,584,803 Up ×1
DFAS $3,044,571 0.56% 50,955 $-211,326 Up ×1
NVDA NVIDIA Corporation - Common Stock $2,951,309 0.54% 27,231 $-70,319,389 Down ×1
VGT $2,864,164 0.53% 5,281 $2,845,510 Up ×1
AZO AutoZone, Inc. Common Stock $2,783,330 0.51% 730 $1,297,602 Up ×1
ICE Intercontinental Exchange Inc. Common Stock $2,715,840 0.50% 15,744 $521,965 Up ×1
DDOG Datadog, Inc. - Class A Common Stock $2,586,901 0.48% 26,075 $-155,873 Up ×1
KBE KBE $2,575,498 0.48% 48,631 $-140,147 Down ×1
EQT EQT Corporation Common Stock $2,553,313 0.47% 47,788 $2,530,258 Up ×1
DBEF $2,522,331 0.47% 58,252 $1,202,826 Up ×1
JPM JP Morgan Chase & Co. Common Stock $2,370,999 0.44% 9,666 $-16,937,642 Down ×1
ROK Rockwell Automation, Inc. Common Stock $2,336,272 0.43% 9,042 $1,678,097 Up ×1
IBB IBB $2,250,273 0.42% 17,594 $2,198,711 Up ×1
ADBE Adobe Inc. - Common Stock $2,178,451 0.40% 5,680 $2,171,336 Up ×1
IXN $2,177,449 0.40% 28,749 $-294,878 Down ×1
AMZN Amazon.com, Inc. - Common Stock $2,125,977 0.39% 11,174 $-42,217,566 Down ×1
APH Amphenol Corporation Common Stock $2,037,488 0.38% 31,064 $-767,528 Down ×1
SPY SPY $2,013,141 0.37% 3,599 $-57,673,778 Down ×1
VGIT Vanguard Intermediate-Term Treasury ETF $2,009,621 0.37% 33,832 $106,293 Up ×1
VLO Valero Energy Corporation Common Stock $2,000,200 0.37% 15,145 $1,910,709 Up ×1
MSFT Microsoft Corporation - Common Stock $1,986,552 0.37% 5,292 $-41,056,252 Down ×1
IWD $1,939,381 0.36% 10,307 $886,361 Up ×1
DHI D.R. Horton, Inc. Common Stock $1,926,402 0.36% 15,153 $-33,438 Up ×1
CVX Chevron Corporation Common Stock $1,912,755 0.35% 11,434 $1,708,930 Up ×1
MUNI $1,727,242 0.32% 33,506 $668,931 Up ×1
XOM Exxon Mobil Corporation Common Stock $1,662,643 0.31% 13,980 $160,535 Up ×1
DFSV $1,661,175 0.31% 59,012 $-47,397 Up ×1
IBMQ $1,563,757 0.29% 61,833 $211,541 Up ×1
VEEV Veeva Systems Inc. Class A Common Stock $1,523,894 0.28% 6,579 $-2,311 Down ×1
TPYPXXXX $1,517,175 0.28% 41,715 $117,337 Up ×1
QUS $1,442,652 0.27% 9,207 $16,948
ORCL Oracle Corporation Common Stock $1,439,678 0.27% 10,297 $-112,956 Up ×1
IBMR $1,433,014 0.26% 57,229 $226,355 Up ×1
EFA $1,432,900 0.26% 17,532 $1,241,531 Up ×1
MAR Marriott International - Class A Common Stock $1,402,435 0.26% 5,888 $-699,213 Down ×1
AEM Agnico Eagle Mines Limited Common Stock $1,388,082 0.26% 12,804 $392,546 Up ×1
RDVI $1,336,620 0.25% 56,350 $-20,884 Up ×1
IBMS $1,314,704 0.24% 51,760 $223,273 Up ×1
CBRE CBRE Group Inc Common Stock Class A $1,252,873 0.23% 9,580 $1,054,362 Up ×1
QQQ Invesco QQQ Trust, Series 1 $1,225,484 0.23% 2,613 $-3,452,293 Down ×1
ATO Atmos Energy Corporation Common Stock $1,217,781 0.22% 7,878 $171,585 Up ×1
SRE DBA Sempra Common Stock $1,197,279 0.22% 16,778 $-338,172 Down ×1
FTV Fortive Corporation Common Stock $1,193,859 0.22% 16,314 $178,734 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $1,164,125 0.21% 7,451 $-31,114,932 Down ×1
IBMP $1,153,172 0.21% 45,616 $34,819 Up ×1
IWP $1,141,768 0.21% 9,718 $452,248 Up ×1
IWN $1,132,430 0.21% 7,501 $1,090,402 Up ×1
XBI XBI $1,123,235 0.21% 13,850 $-635,817 Down ×1
IBMO $1,121,292 0.21% 43,869 $16,634 Up ×1
PG Procter & Gamble Company (The) Common Stock $1,076,889 0.20% 6,319 $-1,883,470 Down ×1
SO Southern Company (The) Common Stock $1,067,908 0.20% 11,614 $921,271 Up ×1
LDOS Leidos Holdings, Inc. Common Stock $1,050,073 0.19% 7,782 $992,160 Up ×1
EOG EOG Resources, Inc. Common Stock $1,012,840 0.19% 7,898 $214,476 Up ×1
TSLA Tesla, Inc. - Common Stock $1,012,579 0.19% 3,907 $-471,937 Up ×1
FULT Fulton Financial Corporation - Common Stock $974,924 0.18% 53,893 $-64,133
CMI Cummins Inc. Common Stock $957,560 0.18% 3,055 $-164,754 Down ×1
ORLY O'Reilly Automotive, Inc. - Common Stock $939,773 0.17% 656 $161,888
GOOGL Alphabet Inc. - Class A Common Stock $931,379 0.17% 6,023 $-3,229,939 Down ×1
IBMN $925,390 0.17% 34,594 $-28,864 Down ×1
BAM Brookfield Asset Management Inc Class A Limited Voting Shares $891,286 0.16% 18,396 $880,664 Up ×1
VOO $861,717 0.16% 1,677 $-362,999 Down ×1
SNOW Snowflake Inc. Common Stock $836,182 0.15% 5,721 $138,094 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
BRKA $798,442 1 0.15%
BINC $538,187 10,275 0.10%
IHAK $117,310 2,497 0.02%
DMF $101,389 14,121 0.02%
FELG $96,107 3,051 0.02%
CYBR $50,700 150 0.01%
SPIP $44,475 1,686 0.01%
GIB $40,631 407 0.01%
FMDE $40,116 1,280 0.01%
NZF $36,409 2,977 0.01%
NXJ $34,981 2,972 0.01%
MUE $34,920 3,492 0.01%
SPIB $32,975 992 0.01%
ESML $32,611 849 0.01%
CRK $25,323 1,245 0.00%

Top movers (QoQ)

Security Action Shares Δ Value Δ
IVV Trimmed -127K -$76.4M
XMHQ Bought more +86K +$7.4M

38 positions hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
EBND March 31, 2025 6,400 $124,992 No longer tracked
AKAM March 31, 2025 534 $51,078 39.0%
BECN March 31, 2025 500 $50,790 No longer tracked
PMT March 31, 2025 3,907 $49,190 -34.4%
DGS March 31, 2025 974 $47,661 No longer tracked
PRF March 31, 2025 1,100 $44,374 No longer tracked
VT March 31, 2025 370 $43,468 No longer tracked
AVUV March 31, 2025 400 $38,612 No longer tracked
IVOV March 31, 2025 400 $38,222 No longer tracked
EVRG March 31, 2025 610 $37,546 22.0%
VIOG March 31, 2025 302 $35,086 No longer tracked
SLYG March 31, 2025 317 $28,665 No longer tracked
VALE March 31, 2025 3,100 $27,497 42.3%
XHE March 31, 2025 300 $26,553 No longer tracked
HAS March 31, 2025 402 $22,476 53.7%
SNY March 31, 2025 455 $21,945 -17.1%
AB March 31, 2025 586 $21,735 -5.1%
SF March 31, 2025 198 $21,004 34.5%
GEAR March 31, 2025 1,010 $19,422 No longer tracked
WFH March 31, 2025 264 $16,971 No longer tracked
EMXC March 31, 2025 304 $16,857
IWY March 31, 2025 70 $16,469 No longer tracked
PSCT March 31, 2025 342 $16,324
COMT March 31, 2025 588 $14,883
MTTR March 31, 2025 2,900 $13,746 No longer tracked
EIX March 31, 2025 150 $11,976 26.1%
PIO March 31, 2025 300 $11,718
EPAM March 31, 2025 46 $10,756 -38.2%
PFG March 31, 2025 130 $10,063 33.8%
SPG March 31, 2025 58 $9,988 34.1%
FANG March 31, 2025 60 $9,830 32.8%
HDB March 31, 2025 149 $9,516 -30.1%
ATMU March 31, 2025 240 $9,404 36.6%
TRU March 31, 2025 99 $9,179 -0.6%
UHT March 31, 2025 242 $9,005 -0.9%
GPC March 31, 2025 73 $8,523 13.0%
NIE March 31, 2025 325 $8,015 18.8%
XHB March 31, 2025 75 $7,838 No longer tracked
BTI March 31, 2025 200 $7,264 35.0%
RGTI March 31, 2025 468 $7,142 113.3%
OWL March 31, 2025 302 $7,025 -41.5%
ASGI March 31, 2025 380 $6,661 35.4%
EMNT March 31, 2025 66 $6,496 No longer tracked
IBUY March 31, 2025 100 $6,465 No longer tracked
AMP March 31, 2025 12 $6,389 17.3%
EXR March 31, 2025 41 $6,134 0.4%
DXYZ March 31, 2025 100 $5,886 -10.0%
IPG March 31, 2025 208 $5,828 No longer tracked
ALB March 31, 2025 57 $4,907 83.2%
DIEM March 31, 2025 174 $4,621 No longer tracked
ANSS March 31, 2025 13 $4,385 No longer tracked
CP March 31, 2025 60 $4,342 35.6%
APA March 31, 2025 182 $4,202 109.1%
MSCI March 31, 2025 7 $4,201 1.1%
MAS March 31, 2025 56 $4,064 9.2%
NTR March 31, 2025 90 $4,028 43.2%
WCN March 31, 2025 23 $3,946 -13.6%
TDY March 31, 2025 8 $3,713 31.3%
BUYZ March 31, 2025 100 $3,691 No longer tracked
ELF March 31, 2025 25 $3,139 55.3%
PMN March 31, 2025 3,300 $3,128 2032.9%
CFR March 31, 2025 23 $3,088 33.3%
MUFG March 31, 2025 263 $3,082 61.8%
GVI March 31, 2025 29 $3,023 No longer tracked
ULY March 31, 2025 5,736 $2,926 No longer tracked
ONON March 31, 2025 53 $2,903 -28.9%
TTE March 31, 2025 53 $2,889 40.9%
ELS March 31, 2025 43 $2,864 -2.2%
TNYA March 31, 2025 2,000 $2,860 26.2%
SU March 31, 2025 80 $2,854 77.9%
SHLD March 31, 2025 75 $2,806 No longer tracked
TPG March 31, 2025 41 $2,576 11.4%
WTW March 31, 2025 8 $2,506 -0.7%
GTO March 31, 2025 52 $2,413 No longer tracked
SOBO March 31, 2025 100 $2,357 50.6%
GEN March 31, 2025 83 $2,273 4.8%
WFG March 31, 2025 25 $2,164 -9.0%
OSK March 31, 2025 22 $2,092 58.5%
ACM March 31, 2025 19 $2,030 -32.6%
FTSL March 31, 2025 39 $1,804
ARCT March 31, 2025 100 $1,697 -6.1%
QSR March 31, 2025 26 $1,695 17.6%
UTZ March 31, 2025 100 $1,566 0.7%
XRX March 31, 2025 150 $1,265 -39.2%
FIXD March 31, 2025 29 $1,247
RRX March 31, 2025 8 $1,242 50.9%
MGA March 31, 2025 27 $1,128 110.2%
TD March 31, 2025 15 $799 103.3%
IQV March 31, 2025 4 $787 40.1%
MEHCQ March 31, 2025 234 $761 No longer tracked
VMBS March 31, 2025 15 $681
KLAC March 31, 2025 1 $631 -72.2%
OMGAQ March 31, 2025 750 $560 No longer tracked
SPR March 31, 2025 13 $444 No longer tracked
GERN March 31, 2025 100 $354 -0.9%
EDR March 31, 2025 10 $313 No longer tracked
G March 31, 2025 7 $301 -27.6%
GRAL March 31, 2025 16 $286 196.9%
RHI March 31, 2025 4 $282 -17.4%
HELP March 31, 2025 26 $229 85.6%
ACB March 31, 2025 35 $149 -14.6%
AMRNXXXX March 31, 2025 250 $122 No longer tracked
JETS March 31, 2025 4 $102 No longer tracked
OTLY March 31, 2025 100 $67 46.3%
VTR March 31, 2025 0 $19 33.1%
CORT March 31, 2025 0 $18 5.1%
ADEA March 31, 2025 1 $14 105.9%
CRBP March 31, 2025 1 $12 93.3%
SBRA March 31, 2025 1 $11 16.7%
DNLI March 31, 2025 0 $10 84.3%
OHI March 31, 2025 0 $10 22.0%
IONS March 31, 2025 0 $9 100.0%
NHI March 31, 2025 0 $9 0.0%
CTRE March 31, 2025 0 $8 37.9%
LTC March 31, 2025 0 $7 13.9%
BKD March 31, 2025 1 $6 97.4%
NAMS March 31, 2025 0 $6 35.9%
PNTG March 31, 2025 0 $6 58.1%
NHC March 31, 2025 0 $5 No longer tracked
DHC March 31, 2025 1 $4 242.1%
PRTA March 31, 2025 0 $4 -25.7%
VYGR March 31, 2025 0 $3 0.7%
ALEC March 31, 2025 1 $2 83.3%
MULN March 31, 2025 1 $2 No longer tracked
GRYP March 31, 2025 1 $1 No longer tracked