M.D. SASS, LLC

Filed: 11/14/2023ACC: 0001172661-23-003922

📋 What this filing means

M.D. SASS, LLC filed this quarterly 13F‑HR report disclosing 31 equity positions with a total reported market value of $743.86M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$743.86M

Total AUM (reported)

11.34M

Total Shares

Allocation by class

COM$285.70M38.4%

IBOXX INV CP ETF$84.78M11.4%

CL A$83.54M11.2%

COM CL A$66.31M8.9%

S&P 500 ETF SHS$54.20M7.3%

COM LBTY ONE S C$43.44M5.8%

TR UNIT$41.47M5.6%

Portfolio Concentration

Top 3$182.41M24.5%

4–10$255.32M34.3%

11–25$300.90M40.5%

Rest$5.23M0.7%

Top 3 weight

24.5%

Top 10 weight

58.8%

Voting Authority Distribution

Total shares with voting rights: 11.34M

Sole

Full voting authority

9.70M

% of voting shares85.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.64M

% of voting shares14.5%

Investment Discretion (by position count)

Sole31

Shared0

Other0

Dominant voting typeSole · 85.5% of voting shares

Institutional Holdings31

Rows:

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares831.01K

TypeSH

Market value$84.78M

11.40%

Sole

831.01K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares138.01K

TypeSH

Market value$54.20M

7.29%

Sole

138.01K

Shared

0.00

None

0.00

LIBERTY MEDIA CORP DEL

SOLE

COM LBTY ONE S C

Shares697.21K

TypeSH

Market value$43.44M

5.84%

Sole

612.38K

Shared

0.00

None

84.83K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares97.02K

TypeSH

Market value$41.47M

5.58%

Sole

97.02K

Shared

0.00

None

0.00

API GROUP CORP

SOLE

COM STK

Shares1.57M

TypeSH

Market value$40.84M

5.49%

Sole

1.35M

Shared

0.00

None

226.78K

CHARLES RIV LABS INTL INC

SOLE

COM

Shares184.45K

TypeSH

Market value$36.15M

4.86%

Sole

159.68K

Shared

0.00

None

24.77K

BLUE OWL CAPITAL INC

SOLE

COM CL A

Shares2.73M

TypeSH

Market value$35.41M

4.76%

Sole

2.13M

Shared

0.00

None

604.41K

CHEMED CORP NEW

SOLE

COM

Shares67.27K

TypeSH

Market value$34.96M

4.70%

Sole

63.08K

Shared

0.00

None

4.18K

TKO GROUP HOLDINGS INC

SOLE

CL A

Shares412.37K

TypeSH

Market value$34.66M

4.66%

Sole

356.40K

Shared

0.00

None

55.97K

FLEX LTD

SOLE

ORD

Shares1.18M

TypeSH

Market value$31.82M

4.28%

Sole

1.01M

Shared

0.00

None

172.81K

CACI INTL INC

SOLE

CL A

Shares101.22K

TypeSH

Market value$31.78M

4.27%

Sole

86.85K

Shared

0.00

None

14.38K

WABTEC

SOLE

COM

Shares292.02K

TypeSH

Market value$31.03M

4.17%

Sole

261.82K

Shared

0.00

None

30.20K

WARNER MUSIC GROUP CORP

SOLE

COM CL A

Shares984.13K

TypeSH

Market value$30.90M

4.15%

Sole

858.76K

Shared

0.00

None

125.37K

ON SEMICONDUCTOR CORP

SOLE

COM

Shares317.25K

TypeSH

Market value$29.49M

3.96%

Sole

249.74K

Shared

0.00

None

67.52K

CENCORA INC

SOLE

COM

Shares163.14K

TypeSH

Market value$29.36M

3.95%

Sole

147.54K

Shared

0.00

None

15.59K

CLEAN HARBORS INC

SOLE

COM

Shares174.76K

TypeSH

Market value$29.25M

3.93%

Sole

166.41K

Shared

0.00

None

8.35K

WALKER & DUNLOP INC

SOLE

COM

Shares319.58K

TypeSH

Market value$23.73M

3.19%

Sole

299.32K

Shared

0.00

None

20.25K

DANAHER CORPORATION

SOLE

COM

Shares88.84K

TypeSH

Market value$22.04M

2.96%

Sole

85.67K

Shared

0.00

None

3.18K

CBRE GROUP INC

SOLE

CL A

Shares231.52K

TypeSH

Market value$17.10M

2.30%

Sole

200.52K

Shared

0.00

None

31K

RTX CORPORATION

SOLE

COM

Shares230.40K

TypeSH

Market value$16.58M

2.23%

Sole

208.79K

Shared

0.00

None

21.61K

PALO ALTO NETWORKS INC

SOLE

COM

Shares55.47K

TypeSH

Market value$13.00M

1.75%

Sole

55.47K

Shared

0.00

None

0.00

SCHWAB CHARLES CORP

SOLE

COM

Shares202.99K

TypeSH

Market value$11.14M

1.50%

Sole

180.36K

Shared

0.00

None

22.63K

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares107K

TypeSH

Market value$7.89M

1.06%

Sole

107K

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares39.06K

TypeSH

Market value$4.97M

0.67%

Sole

0.00

Shared

0.00

None

39.06K

MICROSOFT CORP

SOLE

COM

Shares8.37K

TypeSH

Market value$2.64M

0.36%

Sole

0.00

Shared

0.00

None

8.37K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	IBOXX INV CP ETF	831.01K	SH	$84.78M 11.40%	831.01K	0.00
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	138.01K	SH	$54.20M 7.29%	138.01K	0.00
LIBERTY MEDIA CORP DELSOLE	COM LBTY ONE S C	697.21K	SH	$43.44M 5.84%	612.38K	84.83K
SPDR S&P 500 ETF TRSOLE	TR UNIT	97.02K	SH	$41.47M 5.58%	97.02K	0.00
API GROUP CORPSOLE	COM STK	1.57M	SH	$40.84M 5.49%	1.35M	226.78K
CHARLES RIV LABS INTL INCSOLE	COM	184.45K	SH	$36.15M 4.86%	159.68K	24.77K
BLUE OWL CAPITAL INCSOLE	COM CL A	2.73M	SH	$35.41M 4.76%	2.13M	604.41K
CHEMED CORP NEWSOLE	COM	67.27K	SH	$34.96M 4.70%	63.08K	4.18K
TKO GROUP HOLDINGS INCSOLE	CL A	412.37K	SH	$34.66M 4.66%	356.40K	55.97K
FLEX LTDSOLE	ORD	1.18M	SH	$31.82M 4.28%	1.01M	172.81K
CACI INTL INCSOLE	CL A	101.22K	SH	$31.78M 4.27%	86.85K	14.38K
WABTECSOLE	COM	292.02K	SH	$31.03M 4.17%	261.82K	30.20K
WARNER MUSIC GROUP CORPSOLE	COM CL A	984.13K	SH	$30.90M 4.15%	858.76K	125.37K
ON SEMICONDUCTOR CORPSOLE	COM	317.25K	SH	$29.49M 3.96%	249.74K	67.52K
CENCORA INCSOLE	COM	163.14K	SH	$29.36M 3.95%	147.54K	15.59K
CLEAN HARBORS INCSOLE	COM	174.76K	SH	$29.25M 3.93%	166.41K	8.35K
WALKER & DUNLOP INCSOLE	COM	319.58K	SH	$23.73M 3.19%	299.32K	20.25K
DANAHER CORPORATIONSOLE	COM	88.84K	SH	$22.04M 2.96%	85.67K	3.18K
CBRE GROUP INCSOLE	CL A	231.52K	SH	$17.10M 2.30%	200.52K	31K
RTX CORPORATIONSOLE	COM	230.40K	SH	$16.58M 2.23%	208.79K	21.61K
PALO ALTO NETWORKS INCSOLE	COM	55.47K	SH	$13.00M 1.75%	55.47K	0.00
SCHWAB CHARLES CORPSOLE	COM	202.99K	SH	$11.14M 1.50%	180.36K	22.63K
ISHARES TRSOLE	IBOXX HI YD ETF	107K	SH	$7.89M 1.06%	107K	0.00
AMAZON COM INCSOLE	COM	39.06K	SH	$4.97M 0.67%	0.00	39.06K
MICROSOFT CORPSOLE	COM	8.37K	SH	$2.64M 0.36%	0.00	8.37K

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