Sandstorm Gold
SAND
About: Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, Platreef, Greenstone, and Cerro Moro.
Employees: 29
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
104% more call options, than puts
Call options by funds: $26.1M | Put options by funds: $12.8M
87% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 23
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
33% more capital invested
Capital invested by funds: $1.25B [Q1] → $1.66B (+$408M) [Q2]
9% more funds holding
Funds holding: 223 [Q1] → 242 (+19) [Q2]
5.24% more ownership
Funds ownership: 54.38% [Q1] → 59.62% (+5.24%) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 80
Financial journalist opinion