Ray Dalio’s Sandstorm Gold SAND Stock Holding History

Ray Dalio’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	-241,451	Closed	-$3.02M	–	1164
2025 Q3	$3.02M	Buy	+241,451	New	+$2.57M	0.01%	619

Other funds holding SAND

Quent Capital New York $1.63B AUM 27.42% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

Ray Dalio's SAND Position: Q4 2025 in Review

Ray Dalio sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 241,451 shares — an estimated $3.02M sold.

Ray Dalio first reported a position in SAND in Q3 2025 and held it in 1 quarter. The position peaked at $3.02M in Q3 2025. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.

Ray Dalio reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
Ray Dalio sold 241,451 Sandstorm Gold shares in Q4 2025, an estimated $3.02M.
Ray Dalio first reported a position in Sandstorm Gold in Q3 2025 and held it in 1 quarter.
Ray Dalio's Sandstorm Gold position peaked at $3.02M in Q3 2025.
2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.

Based on Bridgewater Associates's 13F filing for Q4 2025, filed 13 Feb 2026.