Caption Management’s Sandstorm Gold SAND Stock Holding History

Caption Management’s Portfolio SAND Stock Details SAND Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-70,745	Closed	-$886K	–	2008
2025 Q3	$886K	Buy	+70,745	New	+$752K	0.01%	1143
2024 Q2	–	Sell	-10,400	Closed	-$57.5K	–	1461
2024 Q1	$54.6K	Buy	+10,400	New	+$48.1K	﹤0.01%	1085
2022 Q1	–	Sell	-121,100	Closed	-$751K	–	1888
2021 Q4	$751K	Hold	121,100	–	–	0.01%	1146
2021 Q3	$698K	Hold	121,100	–	–	0.01%	1133
2021 Q2	$956K	Buy	121,100 +91,100	+304%	+$738K	0.01%	912
2021 Q1	$204K	Buy	+30,000	New	+$201K	﹤0.01%	916

Other funds holding SAND

Quent Capital New York $1.41B AUM 22.9% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

Caption Management's SAND Position: Q4 2025 in Review

Caption Management sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 70,745 shares — an estimated $886K sold.

Caption Management first reported a position in SAND in Q1 2021 and held it in 6 quarters. The position peaked at $956K in Q2 2021. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.

Caption Management reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
Caption Management sold 70,745 Sandstorm Gold shares in Q4 2025, an estimated $886K.
Caption Management first reported a position in Sandstorm Gold in Q1 2021 and held it in 6 quarters.
Caption Management's Sandstorm Gold position peaked at $956K in Q2 2021.
2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.

Based on Caption Management's 13F filing for Q4 2025, filed 17 Feb 2026.