Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
132 hedge funds and large institutions have $389M invested in Sandstorm Gold in 2018 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 40 increasing their positions, 43 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
48% more call options, than puts
Call options by funds: $4.91M | Put options by funds: $3.33M
8% more funds holding
Funds holding: 122 → 132 (+10)
0.14% less ownership
Funds ownership: 44.15% → 44% (-0.14%)
7% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 43
6% less capital invested
Capital invested by funds: $412M → $389M (-$23M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.2M |
| 2 |
HK
Horizon Kinetics
New York
|
+$5.44M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.68M |
| 4 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$2.3M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$9.34M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$6.23M |
| 3 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$3.57M |
| 4 |
Two Sigma Investments
New York
|
-$1.91M |
| 5 |
Morgan Stanley
New York
|
-$1.85M |
SAND Hedge Fund Activity: Q1 2018 in Review
132 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q1 2018, worth a combined $389M — down 5.6% from $412M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SAND positions and 14 closed out — a net gain of 12 holders — while 40 added to existing stakes and 43 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $10.2M. The largest seller was Ninety One (UK), cutting an estimated $9.34M.
- 132 institutional investors held Sandstorm Gold (SAND) as of Q1 2018, up from 122 in Q4 2017.
- Funds reported $389M of Sandstorm Gold stock for Q1 2018, down 5.6% quarter-over-quarter.
- 26 funds opened new Sandstorm Gold positions in Q1 2018 and 14 closed out, a net change of +12 holders.
- The largest Sandstorm Gold buyer in Q1 2018 was Deutsche Bank, an estimated $10.2M added.
- The largest Sandstorm Gold seller in Q1 2018 was Ninety One (UK), an estimated $9.34M sold.
Based on aggregated 13F filings for Q1 2018.