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 Q3	–	Sell	-354,800	Closed	-$3.34M	–	1998
2025 Q2	$3.34M	Buy	+354,800	New	+$3.04M	0.04%	535
2025 Q1	–	Sell	-200,000	Closed	-$1.12M	–	1977
2024 Q4	$1.12M	Hold	200,000	–	–	0.01%	881
2024 Q3	$1.2M	Hold	200,000	–	–	0.02%	723
2024 Q2	$1.09M	Buy	+200,000	New	+$1.11M	0.02%	643
2022 Q1	–	Sell	-696,500	Closed	-$4.32M	–	1887
2021 Q4	$4.32M	Hold	696,500	–	–	0.05%	502
2021 Q3	$4.01M	Hold	696,500	–	–	0.05%	535
2021 Q2	$5.5M	Hold	696,500	–	–	0.07%	351
2021 Q1	$4.74M	Buy	+696,500	New	+$4.67M	0.1%	255

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.