Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
155 hedge funds and large institutions have $422M invested in Sandstorm Gold in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 36 reducing their positions, and 18 closing their positions.
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
36% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 36
6% more funds holding
Funds holding: 146 → 155 (+9)
5% less capital invested
Capital invested by funds: $443M → $422M (-$21.1M)
1.19% less ownership
Funds ownership: 43.89% → 42.7% (-1.2%)
48% less call options, than puts
Call options by funds: $1.05M | Put options by funds: $2.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.27M |
| 2 |
Morgan Stanley
New York
|
+$5.64M |
| 3 |
Two Sigma Investments
New York
|
+$5.24M |
| 4 |
Two Sigma Advisers
New York
|
+$4.32M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$15.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$14.6M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$9.97M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$6.5M |
| 5 |
VanEck Associates
New York
|
-$6.07M |
SAND Hedge Fund Activity: Q2 2019 in Review
155 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q2 2019, worth a combined $422M — down 4.8% from $443M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SAND positions and 18 closed out — a net gain of 10 holders — while 49 added to existing stakes and 36 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $6.27M. The largest seller was Equinox Partners Investment Management, cutting an estimated $15.8M.
- 155 institutional investors held Sandstorm Gold (SAND) as of Q2 2019, up from 146 in Q1 2019.
- Funds reported $422M of Sandstorm Gold stock for Q2 2019, down 4.8% quarter-over-quarter.
- 28 funds opened new Sandstorm Gold positions in Q2 2019 and 18 closed out, a net change of +10 holders.
- The largest Sandstorm Gold buyer in Q2 2019 was Arrowstreet Capital, an estimated $6.27M added.
- The largest Sandstorm Gold seller in Q2 2019 was Equinox Partners Investment Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2019.