Shell Asset Management’s Sandstorm Gold SAND Stock Holding History

Shell Asset 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 Q3	$53K	Sell	4,200 -10,600	-72%	-$113K	0.01%	847
2025 Q2	$139K	Buy	14,800 +300	+2%	+$2.57K	﹤0.01%	889
2025 Q1	$109K	Hold	14,500	–	–	0.01%	989
2024 Q4	$81K	Hold	14,500	–	–	﹤0.01%	1084
2024 Q3	$87K	Buy	+14,500	New	+$82.4K	﹤0.01%	1078
2024 Q1	$79K	Sell	14,500 -1,500	-9%	-$6.94K	﹤0.01%	1079
2023 Q4	$81K	Sell	16,000 -4,100	-20%	-$19.5K	﹤0.01%	1110
2023 Q3	$94K	Buy	20,100 +2,400	+14%	+$12.6K	﹤0.01%	1102
2023 Q2	$91K	Hold	17,700	–	–	﹤0.01%	1141
2023 Q1	$102K	Buy	17,700 +1,300	+8%	+$7.11K	﹤0.01%	1102
2022 Q4	$86K	Sell	16,400 -1,500	-8%	-$7.66K	﹤0.01%	1189
2022 Q3	$93K	Sell	17,900 -2,500	-12%	-$14.6K	﹤0.01%	1256
2022 Q2	$121K	Sell	20,400 -1,400	-6%	-$9.95K	﹤0.01%	1242
2022 Q1	$176K	Hold	21,800	–	–	﹤0.01%	1191
2021 Q4	$135K	Buy	21,800 +5,200	+31%	+$32.5K	﹤0.01%	1291
2021 Q3	$96K	Sell	16,600 -700	-4%	-$4.83K	﹤0.01%	1310
2021 Q2	$137K	Hold	17,300	–	–	﹤0.01%	1310
2021 Q1	$117K	Hold	17,300	–	–	﹤0.01%	1258
2020 Q4	$124K	Buy	17,300 +14,400	+497%	+$111K	﹤0.01%	1240
2020 Q3	$24K	Buy	2,900 +400	+16%	+$3.7K	﹤0.01%	1372
2020 Q2	$24K	Sell	2,500 -5,972	-70%	-$46.9K	﹤0.01%	1365
2020 Q1	$42K	Hold	8,472	–	–	﹤0.01%	1178
2019 Q4	$63K	Sell	8,472 -7,368	-47%	-$47.9K	﹤0.01%	1201
2019 Q3	$90K	Hold	15,840	–	–	﹤0.01%	1199
2019 Q2	$88K	Sell	15,840 -464	-3%	-$2.49K	﹤0.01%	1175
2019 Q1	$89K	Hold	16,304	–	–	﹤0.01%	1159
2018 Q4	$75K	Hold	16,304	–	–	﹤0.01%	1106
2018 Q3	$61K	Hold	16,304	–	–	﹤0.01%	1133
2018 Q2	$73K	Hold	16,304	–	–	﹤0.01%	1082
2018 Q1	$78K	Buy	16,304 +200	+1%	+$976	﹤0.01%	1087
2017 Q4	$81K	Hold	16,104	–	–	﹤0.01%	1077
2017 Q3	$91K	Hold	16,104	–	–	﹤0.01%	1062
2017 Q2	$81K	Hold	16,104	–	–	﹤0.01%	1062
2017 Q1	$92K	Sell	16,104 -800	-5%	-$3.52K	﹤0.01%	1056
2016 Q4	$89K	Buy	16,904 +5,400	+47%	+$22.6K	﹤0.01%	1028
2016 Q3	$76K	Hold	11,504	–	–	﹤0.01%	1008
2016 Q2	$67K	Hold	11,504	–	–	﹤0.01%	875
2016 Q1	$49K	Hold	11,504	–	–	﹤0.01%	878
2015 Q4	$41K	Sell	11,504 -12,682	-52%	-$34.7K	﹤0.01%	874
2015 Q3	$116K	Buy	24,186 +3,282	+16%	+$8.99K	﹤0.01%	802
2015 Q2	$77K	Sell	20,904 -2,500	-11%	-$8.43K	﹤0.01%	860
2015 Q1	$96K	Sell	23,404 -782	-3%	-$2.79K	﹤0.01%	840
2014 Q4	$95K	Hold	24,186	–	–	﹤0.01%	844
2014 Q3	$116K	Hold	24,186	–	–	﹤0.01%	830
2014 Q2	$179K	Buy	24,186 +2,500	+12%	+$14.5K	﹤0.01%	836
2014 Q1	$134K	Hold	21,686	–	–	﹤0.01%	814
2013 Q4	$100K	Buy	21,686 +582	+3%	+$2.79K	﹤0.01%	804
2013 Q3	$118K	Sell	21,104 -2,845	-12%	-$17K	﹤0.01%	796
2013 Q2	$148K	Buy	+23,949	New	+$179K	﹤0.01%	780

Other funds holding SAND

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Balyasny Asset Management Chicago, Illinois $77.1B AUM 42.89% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

OAC

OMERS Administration Corp Toronto, Ontario, Canada $15.6B AUM 24.73% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Shell Asset Management's SAND Position: Q3 2025 in Review

Shell Asset Management reduced its Sandstorm Gold (SAND) stake by 72% in Q3 2025, selling an estimated $113K and leaving 4,200 shares worth $53K. The position accounts for 0.01% of the portfolio, ranked #847.

Shell Asset Management first reported a position in SAND in Q2 2013 and has held it in 49 quarters since. The position peaked at $179K in Q2 2014. 270 funds tracked by Wall St. Rank hold SAND as of Q3 2025.

Shell Asset Management held 4,200 shares of Sandstorm Gold worth $53K as of Q3 2025.
Shell Asset Management sold 10,600 Sandstorm Gold shares in Q3 2025, an estimated $113K.
Sandstorm Gold made up 0.01% of Shell Asset Management's portfolio in Q3 2025, its #847 holding.
Shell Asset Management first reported a position in Sandstorm Gold in Q2 2013 and has held it in 49 quarters since.
Shell Asset Management's Sandstorm Gold position peaked at $179K in Q2 2014.
270 funds tracked by Wall St. Rank held Sandstorm Gold as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.