Mad River 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 |
-42,592
| Closed | -$533K | – | 39 |
|
|
2025
Q3 | $533K | Sell |
42,592
-6,082
| -12% | -$64.7K | 0.23% | 25 |
|
|
2025
Q2 | $458K | Sell |
48,674
-15,690
| -24% | -$134K | 0.2% | 20 |
|
|
2025
Q1 | $486K | Sell |
64,364
-118,735
| -65% | -$742K | 0.21% | 20 |
|
|
2024
Q4 | $1.02M | Sell |
183,099
-10,150
| -5% | -$58.9K | 0.47% | 20 |
|
|
2024
Q3 | $1.16M | Buy |
193,249
+1,180
| +0.6% | +$6.71K | 0.64% | 19 |
|
|
2024
Q2 | $1.04M | Buy |
192,069
+3,016
| +2% | +$16.7K | 0.7% | 18 |
|
|
2024
Q1 | $993K | Sell |
189,053
-9,981
| -5% | -$46.2K | 0.69% | 20 |
|
|
2023
Q4 | $1M | Sell |
199,034
-93,581
| -32% | -$446K | 0.93% | 18 |
|
|
2023
Q3 | $1.36M | Buy |
292,615
+17
| +0% | +$89 | 0.96% | 16 |
|
|
2023
Q2 | $1.62M | Buy |
292,598
+16,465
| +6% | +$91.7K | 1.2% | 14 |
|
|
2023
Q1 | $1.6M | Buy |
276,133
+102,415
| +59% | +$560K | 1.13% | 12 |
|
|
2022
Q4 | $914K | Sell |
173,718
-26,182
| -13% | -$134K | 0.53% | 16 |
|
|
2022
Q3 | $1.03M | Sell |
199,900
-5,000
| -2% | -$29.2K | 0.75% | 13 |
|
|
2022
Q2 | $1.22M | Buy |
204,900
+8,000
| +4% | +$56.8K | 0.95% | 12 |
|
|
2022
Q1 | $1.59M | Buy |
196,900
+21,000
| +12% | +$145K | 1.23% | 15 |
|
|
2021
Q4 | $1.09M | Sell |
175,900
-212,700
| -55% | -$1.33M | 0.83% | 19 |
|
|
2021
Q3 | $3.07M | Hold |
388,600
| – | – | 1.97% | 10 |
|
|
2021
Q2 | $3.07M | Buy |
+388,600
| New | +$3.15M | 1.97% | 10 |
|
Other funds holding SAND
Mad River Investors's SAND Position: Q4 2025 in Review
Mad River Investors sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 42,592 shares — an estimated $533K sold.
Mad River Investors first reported a position in SAND in Q2 2021 and held it in 18 quarters. The position peaked at $3.07M in Q3 2021. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.
- Mad River Investors reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
- Mad River Investors sold 42,592 Sandstorm Gold shares in Q4 2025, an estimated $533K.
- Mad River Investors first reported a position in Sandstorm Gold in Q2 2021 and held it in 18 quarters.
- Mad River Investors's Sandstorm Gold position peaked at $3.07M in Q3 2021.
- 2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.
Based on Mad River Investors's 13F filing for Q4 2025, filed 6 Feb 2026.