Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
200 hedge funds and large institutions have $758M invested in Sandstorm Gold in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 50 increasing their positions, 55 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
3% more funds holding
Funds holding: 194 → 200 (+6)
0.62% less ownership
Funds ownership: 53.8% → 53.18% (-0.62%)
9% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 55
8% less capital invested
Capital invested by funds: $827M → $758M (-$68.4M)
33% less call options, than puts
Call options by funds: $2.63M | Put options by funds: $3.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$5.22M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$3.21M |
| 3 |
CM
CoreCommodity Management
Stamford,
Connecticut
|
+$1.03M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.01M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$746K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$13.7M |
| 2 |
Millennium Management
New York
|
-$4.17M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$2.65M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$2.03M |
| 5 |
Renaissance Technologies
New York
|
-$1.73M |
SAND Hedge Fund Activity: Q3 2023 in Review
200 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q3 2023, worth a combined $758M — down 8.3% from $827M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SAND positions and 20 closed out — a net gain of 7 holders — while 50 added to existing stakes and 55 trimmed.
The largest buyer was American Century Companies, adding an estimated $5.22M. The largest seller was EdgePoint Investment Group, exiting entirely with an estimated $13.7M sold.
- 200 institutional investors held Sandstorm Gold (SAND) as of Q3 2023, up from 194 in Q2 2023.
- Funds reported $758M of Sandstorm Gold stock for Q3 2023, down 8.3% quarter-over-quarter.
- 27 funds opened new Sandstorm Gold positions in Q3 2023 and 20 closed out, a net change of +7 holders.
- The largest Sandstorm Gold buyer in Q3 2023 was American Century Companies, an estimated $5.22M added.
- The largest Sandstorm Gold seller in Q3 2023 was EdgePoint Investment Group, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2023.