Kopernik Global Investors’s Sandstorm Gold SAND Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2025
Q4
Sell
-1,586,602
Closed -$19.9M 29
2025
Q3
$19.9M Sell
1,586,602
-16,558
-1% -$176K 1.62% 16
2025
Q2
$15.1M Sell
1,603,160
-477,620
-23% -$4.09M 1.65% 14
2025
Q1
$15.7M Buy
2,080,780
+98,500
+5% +$615K 1.63% 17
2024
Q4
$11.1M Hold
1,982,280
1.18% 21
2024
Q3
$11.9M Sell
1,982,280
-2,531
-0.1% -$14.4K 1.19% 18
2024
Q2
$10.8M Sell
1,984,811
-435,210
-18% -$2.41M 1.22% 15
2024
Q1
$12.7M Hold
2,420,021
1.33% 14
2023
Q4
$12.2M Buy
2,420,021
+3,526
+0.1% +$16.8K 1.26% 14
2023
Q3
$11.3M Hold
2,416,495
1.31% 15
2023
Q2
$12.4M Buy
2,416,495
+1,090,455
+82% +$6.07M 1.27% 16
2023
Q1
$7.7M Buy
1,326,040
+1,076,497
+431% +$5.89M 0.8% 18
2022
Q4
$1.31M Buy
+249,543
New +$1.27M 0.13% 29
2018
Q4
Sell
-12,921
Closed -$48K 34
2018
Q3
$48K Sell
12,921
-194,164
-94% -$789K 0.01% 26
2018
Q2
$932K Sell
207,085
-253,242
-55% -$1.17M 0.14% 19
2018
Q1
$2.19M Buy
460,327
+189,561
+70% +$925K 0.34% 19
2017
Q4
$1.35M Buy
270,766
+64,338
+31% +$292K 0.25% 19
2017
Q3
$937K Buy
206,428
+101,849
+97% +$446K 0.18% 21
2017
Q2
$405K Buy
+104,579
New +$397K 0.09% 22

Other funds holding SAND

Kopernik Global Investors's SAND Position: Q4 2025 in Review

Kopernik Global Investors sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 1,586,602 shares — an estimated $19.9M sold.

Kopernik Global Investors first reported a position in SAND in Q2 2017 and held it in 18 quarters. The position peaked at $19.9M in Q3 2025. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.

  • Kopernik Global Investors reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
  • Kopernik Global Investors sold 1,586,602 Sandstorm Gold shares in Q4 2025, an estimated $19.9M.
  • Kopernik Global Investors first reported a position in Sandstorm Gold in Q2 2017 and held it in 18 quarters.
  • Kopernik Global Investors's Sandstorm Gold position peaked at $19.9M in Q3 2025.
  • 2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.

Based on Kopernik Global Investors's 13F filing for Q4 2025, filed 13 Feb 2026.