Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
211 hedge funds and large institutions have $855M invested in Sandstorm Gold in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
62% more call options, than puts
Call options by funds: $9.54M | Put options by funds: $5.89M
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
21% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 52
3% more funds holding
Funds holding: 204 → 211 (+7)
4% more capital invested
Capital invested by funds: $824M → $855M (+$31M)
0.16% more ownership
Funds ownership: 52.53% → 52.69% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORP
Orion Resource Partners
New York
|
+$265M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$44.5M |
| 3 |
Morgan Stanley
New York
|
+$11.9M |
| 4 |
SC
Sagil Capital
London,
United Kingdom
|
+$8.18M |
| 5 |
JP Morgan Chase
New York
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$41.6M |
| 2 |
VanEck Associates
New York
|
-$21.7M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$6.54M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.86M |
| 5 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$2.45M |
SAND Hedge Fund Activity: Q2 2024 in Review
211 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q2 2024, worth a combined $855M — up 3.8% from $824M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SAND positions and 23 closed out — a net gain of 11 holders — while 63 added to existing stakes and 52 trimmed.
The largest buyer was Orion Resource Partners, opening a new position worth an estimated $265M. The largest seller was Phoenix Financial, exiting entirely with an estimated $41.6M sold.
- 211 institutional investors held Sandstorm Gold (SAND) as of Q2 2024, up from 204 in Q1 2024.
- Funds reported $855M of Sandstorm Gold stock for Q2 2024, up 3.8% quarter-over-quarter.
- 34 funds opened new Sandstorm Gold positions in Q2 2024 and 23 closed out, a net change of +11 holders.
- The largest Sandstorm Gold buyer in Q2 2024 was Orion Resource Partners, an estimated $265M added.
- The largest Sandstorm Gold seller in Q2 2024 was Phoenix Financial, an estimated $41.6M sold.
Based on aggregated 13F filings for Q2 2024.