Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
176 hedge funds and large institutions have $600M invested in Sandstorm Gold in 2020 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 51 increasing their positions, 49 reducing their positions, and 24 closing their positions.
159% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $8.18M
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
2% more funds holding
Funds holding: 172 → 176 (+4)
2.01% more ownership
Funds ownership: 41.23% → 43.24% (+2%)
4% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 49
10% less capital invested
Capital invested by funds: $666M → $600M (-$65.9M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$14.7M |
| 2 |
VanEck Associates
New York
|
+$13.2M |
| 3 |
Morgan Stanley
New York
|
+$11.6M |
| 4 |
Two Sigma Advisers
New York
|
+$9.42M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$11.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$6.35M |
| 3 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$6.29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.63M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.59M |
SAND Hedge Fund Activity: Q4 2020 in Review
176 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q4 2020, worth a combined $600M — down 9.9% from $666M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SAND positions and 24 closed out — a net gain of 6 holders — while 51 added to existing stakes and 49 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $14.7M. The largest seller was Canada Life, cutting an estimated $11.2M.
- 176 institutional investors held Sandstorm Gold (SAND) as of Q4 2020, up from 172 in Q3 2020.
- Funds reported $600M of Sandstorm Gold stock for Q4 2020, down 9.9% quarter-over-quarter.
- 30 funds opened new Sandstorm Gold positions in Q4 2020 and 24 closed out, a net change of +6 holders.
- The largest Sandstorm Gold buyer in Q4 2020 was Two Sigma Investments, an estimated $14.7M added.
- The largest Sandstorm Gold seller in Q4 2020 was Canada Life, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2020.