Swiss National Bank’s Sandstorm Gold SAND Stock Holding History

Swiss National Bank’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	-544,662	Closed	-$6.82M	–	2363
2025 Q3	$6.82M	Buy	544,662 +36,400	+7%	+$387K	﹤0.01%	1162
2025 Q2	$4.76M	Sell	508,262 -12,500	-2%	-$107K	﹤0.01%	1327
2025 Q1	$3.93M	Buy	520,762 +19,000	+4%	+$119K	﹤0.01%	1397
2024 Q4	$2.81M	Buy	501,762 +3,000	+0.6%	+$17.4K	﹤0.01%	1665
2024 Q3	$3M	Hold	498,762	–	–	﹤0.01%	1631
2024 Q2	$2.71M	Hold	498,762	–	–	﹤0.01%	1652
2024 Q1	$2.61M	Hold	498,762	–	–	﹤0.01%	1694
2023 Q4	$2.51M	Sell	498,762 -61,100	-11%	-$291K	﹤0.01%	1710
2023 Q3	$2.64M	Hold	559,862	–	–	﹤0.01%	1667
2023 Q2	$2.87M	Buy	559,862 +72,800	+15%	+$405K	﹤0.01%	1657
2023 Q1	$2.83M	Sell	487,062 -22,600	-4%	-$124K	﹤0.01%	1621
2022 Q4	$2.68M	Buy	509,662 +7,500	+1%	+$38.3K	﹤0.01%	1704
2022 Q3	$2.62M	Buy	502,162 +48,000	+11%	+$280K	﹤0.01%	1695
2022 Q2	$2.69M	Sell	454,162 -1,400	-0.3%	-$9.95K	﹤0.01%	1710
2022 Q1	$3.67M	Buy	455,562 +23,700	+5%	+$163K	﹤0.01%	1651
2021 Q4	$2.67M	Hold	431,862	–	–	﹤0.01%	1868
2021 Q3	$2.47M	Hold	431,862	–	–	﹤0.01%	1907
2021 Q2	$3.42M	Sell	431,862 -9,800	-2%	-$79.4K	﹤0.01%	1753
2021 Q1	$3M	Buy	441,662 +6,100	+1%	+$40.9K	﹤0.01%	1759
2020 Q4	$3.12M	Buy	435,562 +2,400	+0.6%	+$18.5K	﹤0.01%	1657
2020 Q3	$3.64M	Buy	433,162 +34,500	+9%	+$319K	﹤0.01%	1370
2020 Q2	$3.8M	Buy	398,662 +58,600	+17%	+$460K	﹤0.01%	1312
2020 Q1	$1.67M	Hold	340,062	–	–	﹤0.01%	1560
2019 Q4	$2.53M	Buy	340,062 +5,000	+1%	+$32.5K	﹤0.01%	1584
2019 Q3	$1.9M	Hold	335,062	–	–	﹤0.01%	1689
2019 Q2	$1.86M	Buy	335,062 +3,100	+0.9%	+$16.7K	﹤0.01%	1742
2019 Q1	$1.81M	Hold	331,962	–	–	﹤0.01%	1723
2018 Q4	$1.54M	Buy	331,962 +10,800	+3%	+$43.9K	﹤0.01%	1739
2018 Q3	$1.19M	Hold	321,162	–	–	﹤0.01%	2042
2018 Q2	$1.44M	Hold	321,162	–	–	﹤0.01%	1934
2018 Q1	$1.53M	Buy	321,162 +17,100	+6%	+$83.4K	﹤0.01%	1813
2017 Q4	$1.52M	Hold	304,062	–	–	﹤0.01%	1819
2017 Q3	$1.38M	Hold	304,062	–	–	﹤0.01%	1860
2017 Q2	$1.18M	Buy	304,062 +55,000	+22%	+$209K	﹤0.01%	1946
2017 Q1	$1.07M	Hold	249,062	–	–	﹤0.01%	1982
2016 Q4	$977K	Buy	249,062 +9,400	+4%	+$39.4K	﹤0.01%	2050
2016 Q3	$1.21M	Buy	239,662 +32,682	+16%	+$183K	﹤0.01%	1852
2016 Q2	$926K	Buy	206,980 +10,000	+5%	+$40.3K	﹤0.01%	2013
2016 Q1	$625K	Buy	196,980 +40,800	+26%	+$112K	﹤0.01%	2183
2015 Q4	$405K	Buy	156,180 +15,600	+11%	+$42.7K	﹤0.01%	2377
2015 Q3	$373K	Buy	140,580 +20,100	+17%	+$55K	﹤0.01%	2321
2015 Q2	$358K	Buy	120,480 +2,000	+2%	+$6.74K	﹤0.01%	2380
2015 Q1	$382K	Buy	118,480 +4,900	+4%	+$17.5K	﹤0.01%	2313
2014 Q4	$386K	Hold	113,580	–	–	﹤0.01%	2310
2014 Q3	$488K	Hold	113,580	–	–	﹤0.01%	2121
2014 Q2	$788K	Buy	113,580 +12,700	+13%	+$73.7K	﹤0.01%	1860
2014 Q1	$568K	Buy	100,880 +23,900	+31%	+$128K	﹤0.01%	2060
2013 Q4	$333K	Buy	76,980 +5,880	+8%	+$28.1K	﹤0.01%	2218
2013 Q3	$385K	Sell	71,100 -3,900	-5%	-$23.4K	﹤0.01%	2089
2013 Q2	$440K	Buy	+75,000	New	+$560K	﹤0.01%	2002

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

Swiss National Bank's SAND Position: Q4 2025 in Review

Swiss National Bank sold out of Sandstorm Gold (SAND) in Q4 2025, closing a stake of 544,662 shares — an estimated $6.82M sold.

Swiss National Bank first reported a position in SAND in Q2 2013 and held it in 50 quarters. The position peaked at $6.82M in Q3 2025. 2 funds tracked by Wall St. Rank hold SAND as of Q4 2025.

Swiss National Bank reported no remaining Sandstorm Gold position as of Q4 2025 after selling out during the quarter.
Swiss National Bank sold 544,662 Sandstorm Gold shares in Q4 2025, an estimated $6.82M.
Swiss National Bank first reported a position in Sandstorm Gold in Q2 2013 and held it in 50 quarters.
Swiss National Bank's Sandstorm Gold position peaked at $6.82M in Q3 2025.
2 funds tracked by Wall St. Rank held Sandstorm Gold as of Q4 2025.

Based on Swiss National Bank's 13F filing for Q4 2025, filed 12 Feb 2026.