Graham Capital Management’s Sandstorm Gold SAND Stock Holding History

Graham Capital 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	-13,025	Closed	-$163K	–	1550
2025 Q3	$163K	Buy	+13,025	New	+$138K	﹤0.01%	1098
2025 Q2	–	Sell	-11,944	Closed	-$90.2K	–	1577
2025 Q1	$90.2K	Sell	11,944 -68,304	-85%	-$427K	﹤0.01%	1217
2024 Q4	$448K	Buy	+80,248	New	+$465K	0.01%	777

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

Graham Capital Management's SAND Position: Q4 2025 in Review

Graham Capital Management sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 13,025 shares — an estimated $163K sold.

Graham Capital Management first reported a position in SAND in Q4 2024 and held it in 3 quarters. The position peaked at $448K in Q4 2024. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.

Graham Capital Management reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
Graham Capital Management sold 13,025 Sandstorm Gold shares in Q4 2025, an estimated $163K.
Graham Capital Management first reported a position in Sandstorm Gold in Q4 2024 and held it in 3 quarters.
Graham Capital Management's Sandstorm Gold position peaked at $448K in Q4 2024.
2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.

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