Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
163 hedge funds and large institutions have $462M invested in Sandstorm Gold in 2021 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 41 reducing their positions, and 26 closing their positions.
88% more call options, than puts
Call options by funds: $16M | Put options by funds: $8.54M
27% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 41
2.08% less ownership
Funds ownership: 42.97% → 40.89% (-2.1%)
6% less funds holding
Funds holding: 173 → 163 (-10)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
30% less capital invested
Capital invested by funds: $663M → $462M (-$202M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$7.47M |
| 2 |
Millennium Management
New York
|
+$3.94M |
| 3 |
Goldman Sachs
New York
|
+$3.01M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.8M |
| 2 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$15.9M |
| 3 |
CC
Carrhae Capital
London,
United Kingdom
|
-$7.32M |
| 4 |
Two Sigma Advisers
New York
|
-$4.55M |
| 5 |
VanEck Associates
New York
|
-$4.17M |
SAND Hedge Fund Activity: Q3 2021 in Review
163 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q3 2021, worth a combined $462M — down 30% from $663M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SAND and 20 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 52 added.
The largest buyer was Capital International Investors, adding an estimated $7.47M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $27.8M sold.
- 163 institutional investors held Sandstorm Gold (SAND) as of Q3 2021, down from 173 in Q2 2021.
- Funds reported $462M of Sandstorm Gold stock for Q3 2021, down 30% quarter-over-quarter.
- 20 funds opened new Sandstorm Gold positions in Q3 2021 and 26 closed out, a net change of -6 holders.
- The largest Sandstorm Gold buyer in Q3 2021 was Capital International Investors, an estimated $7.47M added.
- The largest Sandstorm Gold seller in Q3 2021 was T. Rowe Price Associates, an estimated $27.8M sold.
Based on aggregated 13F filings for Q3 2021.