# Sandbar Asset Management LLP

> Institutional holdings reported to the SEC as of Q3 2023 on Form 13F. CIK 1756870. Source: https://holderbook.com/funds/1756870-sandbar-asset-management-llp/

- Reported value: $30.5M
- Positions: 41
- Weight of the ten largest: 47.3%
- Filed: 2023-11-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CRH PLC | [CRHXXXX](https://holderbook.com/stocks/CRHXXXX/) | $1.8M | 33,217 | 6.0% | 1 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $1.6M | 4,241 | 5.2% | 5 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $1.6M | 18,536 | 5.2% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.5M | 8,379 | 5.1% | 2 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $1.5M | 9,990 | 4.8% | 6 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $1.3M | 20,803 | 4.4% | 3 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $1.3M | 20,912 | 4.4% | 6 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $1.3M | 3,409 | 4.4% | 5 |
| XPO INC | [XPO](https://holderbook.com/stocks/XPO/) | $1.3M | 17,490 | 4.3% | 2 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $1.1M | 14,908 | 3.6% | 2 |
| APTIV PLC | [APTVXXXX](https://holderbook.com/stocks/APTVXXXX/) | $1.1M | 11,043 | 3.6% | 12 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $1.1M | 6,180 | 3.5% | 3 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $1.1M | 21,105 | 3.5% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.1M | 5,184 | 3.5% | 3 |
| VISTEON CORP | [VC](https://holderbook.com/stocks/VC/) | $1.0M | 7,546 | 3.4% | 8 |
| AUTOLIV INC | [ALV](https://holderbook.com/stocks/ALV/) | $801.0K | 8,301 | 2.6% | 5 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $763.0K | 16,491 | 2.5% | 12 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $757.0K | 898 | 2.5% | 2 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $607.0K | 2,380 | 2.0% | 2 |
| GOODYEAR TIRE & RUBR CO | [GT](https://holderbook.com/stocks/GT/) | $564.0K | 45,393 | 1.8% | 2 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $558.0K | 12,945 | 1.8% | 2 |
| FLOWSERVE CORP | [FLS](https://holderbook.com/stocks/FLS/) | $537.0K | 13,502 | 1.8% | 1 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $535.0K | 7,527 | 1.8% | 3 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $521.0K | 14,014 | 1.7% | 2 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $513.0K | 16,691 | 1.7% | 1 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $512.0K | 3,751 | 1.7% | 6 |
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $487.0K | 6,527 | 1.6% | 1 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $306.0K | 4,717 | 1.0% | 1 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $294.0K | 3,431 | 1.0% | 4 |
| INTERNATIONAL PAPER CO | [IP](https://holderbook.com/stocks/IP/) | $278.0K | 7,845 | 0.9% | 1 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $277.0K | 1,671 | 0.9% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $264.0K | 2,564 | 0.9% | 2 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $264.0K | 2,757 | 0.9% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $262.0K | 3,016 | 0.9% | 2 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $259.0K | 6,952 | 0.8% | 4 |
| INTERNATIONAL FLAVORS&FRAGRA | [IFF](https://holderbook.com/stocks/IFF/) | $258.0K | 3,783 | 0.8% | 2 |
| CACI INTL INC | [CACI](https://holderbook.com/stocks/CACI/) | $257.0K | 820 | 0.8% | 3 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $252.0K | 1,073 | 0.8% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $249.0K | 2,352 | 0.8% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $242.0K | 767 | 0.8% | 1 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $141.0K | 827 | 0.5% | 6 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2023 | -1.9% | -3.6% | +1.7% | 100% |
| Q2 2023 | +5.0% | +8.3% | -3.3% | 102% |
| Q1 2023 | +6.6% | +7.0% | -0.4% | 100% |
| Q4 2022 | +10.9% | +7.1% | +3.8% | 100% |
| Q3 2022 | -4.9% | -5.3% | +0.4% | 101% |
| Q2 2022 | -13.2% | -16.5% | +3.2% | 100% |
| Q1 2022 | -3.0% | -4.9% | +1.9% | 101% |
| Q4 2021 | +7.6% | +10.7% | -3.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2023 | $30.5M | 41 |
| Q2 2023 | $36.5M | 44 |
| Q1 2023 | $33.3M | 46 |
| Q4 2022 | $34.4M | 45 |
| Q3 2022 | $164.8M | 57 |
| Q2 2022 | $217.9M | 58 |
| Q1 2022 | $166.6M | 47 |
| Q4 2021 | $200.2M | 57 |
| Q3 2021 | $919.5M | 55 |
| Q2 2021 | $924.9M | 54 |
| Q1 2021 | $754.4M | 53 |
| Q4 2020 | $625.0M | 47 |