DB
SAND

Dmitry Balyasny’s Sandstorm Gold SAND Stock Holding History

Dmitry Balyasny’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
-7,553,994
Closed -$94.6M – 3493
2025
Q3 		$94.6M Buy
7,553,994
+7,501,768
+14,364% +$79.8M 0.12% 186
2025
Q2 		$491K Buy
+52,226
New +$447K ﹤0.01% 2298
2024
Q4 		– Sell
-71,412
Closed -$428K – 3198
2024
Q3 		$428K Sell
71,412
-28,249
-28% -$161K ﹤0.01% 2329
2024
Q2 		$542K Buy
99,661
+78,939
+381% +$437K ﹤0.01% 2029
2024
Q1 		$109K Buy
+20,722
New +$95.9K ﹤0.01% 2487
2023
Q2 		– Sell
-70,931
Closed -$412K – 2732
2023
Q1 		$412K Sell
70,931
-6,732
-9% -$36.8K ﹤0.01% 2004
2022
Q4 		$409K Sell
77,663
-35,073
-31% -$179K ﹤0.01% 1906
2022
Q3 		$583K Buy
+112,736
New +$658K ﹤0.01% 1992

Other funds holding SAND

QC
Quent Capital New York $1.63B AUM 27.42% 1-Year Est. Return
IA
IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

Dmitry Balyasny's SAND Position: Q4 2025 in Review

Dmitry Balyasny sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 7,553,994 shares — an estimated $94.6M sold.

Dmitry Balyasny first reported a position in SAND in Q3 2022 and held it in 8 quarters. The position peaked at $94.6M in Q3 2025. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.

  • Dmitry Balyasny reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
  • Dmitry Balyasny sold 7,553,994 Sandstorm Gold shares in Q4 2025, an estimated $94.6M.
  • Dmitry Balyasny first reported a position in Sandstorm Gold in Q3 2022 and held it in 8 quarters.
  • Dmitry Balyasny's Sandstorm Gold position peaked at $94.6M in Q3 2025.
  • 2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.

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