Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
146 hedge funds and large institutions have $429M invested in Sandstorm Gold in 2019 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 36 increasing their positions, 41 reducing their positions, and 16 closing their positions.
119% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 16
15% more capital invested
Capital invested by funds: $372M → $429M (+$57.5M)
13% more funds holding
Funds holding: 129 → 146 (+17)
1% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $1.49M
0.07% more ownership
Funds ownership: 43.82% → 43.89% (+0.07%)
12% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 41
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$9.64M |
| 2 |
Jennison Associates
New York
|
+$8.49M |
| 3 |
Morgan Stanley
New York
|
+$7.75M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$5.56M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$13.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$11.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.29M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.8M |
| 5 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$3.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QSS
151
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$93K | -20,240 | Closed |
|
152
Comerica Bank
Dallas,
Texas
| – | -$54K | -10,775 | Closed |
|
153
SEI Investments
Oaks,
Pennsylvania
| – | -$23K | -6,120 | Closed |
|
|
IA
154
IFP Advisors
Tampa,
Florida
| – | -$23K | -5,000 | Closed |
|
|
CIAS
155
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$10K | -2,150 | Closed |
|
|
PG
156
Patten Group
Chattanooga,
Tennessee
| – | -$5K | -1,000 | Closed |
|
|
LPC
157
Loeb Partners Corp
New York
| – | -$3K | -700 | Closed |
|
|
MOS
158
MGO One Seven
Beachwood,
Ohio
| – | -$2K | -526 | Closed |
|
159
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.55K | -293 | -79% |
|
|
AWM
160
Aevitas Wealth Management
Wellesley Hills,
Massachusetts
| – | +$733 | +139 | New |
|
SAND Hedge Fund Activity: Q1 2019 in Review
146 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q1 2019, worth a combined $429M — up 15% from $372M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SAND positions and 16 closed out — a net gain of 19 holders — while 36 added to existing stakes and 41 trimmed.
The largest buyer was Waratah Capital Advisors, opening a new position worth an estimated $9.64M. The largest seller was VanEck Associates, cutting an estimated $13.8M.
- 146 institutional investors held Sandstorm Gold (SAND) as of Q1 2019, up from 129 in Q4 2018.
- Funds reported $429M of Sandstorm Gold stock for Q1 2019, up 15% quarter-over-quarter.
- 35 funds opened new Sandstorm Gold positions in Q1 2019 and 16 closed out, a net change of +19 holders.
- The largest Sandstorm Gold buyer in Q1 2019 was Waratah Capital Advisors, an estimated $9.64M added.
- The largest Sandstorm Gold seller in Q1 2019 was VanEck Associates, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2019.