Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
86 hedge funds and large institutions have $95.7M invested in Sandstorm Gold in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
29% more call options, than puts
Call options by funds: $508K | Put options by funds: $393K
16% more capital invested
Capital invested by funds: $82.3M → $95.7M (+$13.4M)
16% more funds holding
Funds holding: 74 → 86 (+12)
1.13% more ownership
Funds ownership: 34.13% → 35.26% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$4.97M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.89M |
| 3 |
VanEck Associates
New York
|
+$2.25M |
| 4 |
Renaissance Technologies
New York
|
+$1.03M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.07M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$871K |
| 3 |
HK
Horizon Kinetics
New York
|
-$748K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$357K |
| 5 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$307K |
SAND Hedge Fund Activity: Q4 2015 in Review
86 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q4 2015, worth a combined $95.7M — up 16% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SAND positions and 7 closed out — a net gain of 12 holders — while 21 added to existing stakes and 29 trimmed.
The largest buyer was Canada Life, adding an estimated $4.97M. The largest seller was Millennium Management, cutting an estimated $2.07M.
- 86 institutional investors held Sandstorm Gold (SAND) as of Q4 2015, up from 74 in Q3 2015.
- Funds reported $95.7M of Sandstorm Gold stock for Q4 2015, up 16% quarter-over-quarter.
- 19 funds opened new Sandstorm Gold positions in Q4 2015 and 7 closed out, a net change of +12 holders.
- The largest Sandstorm Gold buyer in Q4 2015 was Canada Life, an estimated $4.97M added.
- The largest Sandstorm Gold seller in Q4 2015 was Millennium Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2015.