Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
158 hedge funds and large institutions have $568M invested in Sandstorm Gold in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 58 increasing their positions, 37 reducing their positions, and 21 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 37
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
31% more capital invested
Capital invested by funds: $435M → $568M (+$133M)
6% more funds holding
Funds holding: 149 → 158 (+9)
1.66% more ownership
Funds ownership: 43.38% → 45.04% (+1.7%)
26% less call options, than puts
Call options by funds: $7.94M | Put options by funds: $10.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.7M |
| 2 |
VanEck Associates
New York
|
+$5.18M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$3.25M |
| 4 |
Two Sigma Investments
New York
|
+$2.8M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$6.16M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.67M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.36M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.64M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$2.6M |
SAND Hedge Fund Activity: Q4 2019 in Review
158 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q4 2019, worth a combined $568M — up 31% from $435M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SAND positions and 21 closed out — a net gain of 10 holders — while 58 added to existing stakes and 37 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.7M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $6.16M.
- 158 institutional investors held Sandstorm Gold (SAND) as of Q4 2019, up from 149 in Q3 2019.
- Funds reported $568M of Sandstorm Gold stock for Q4 2019, up 31% quarter-over-quarter.
- 31 funds opened new Sandstorm Gold positions in Q4 2019 and 21 closed out, a net change of +10 holders.
- The largest Sandstorm Gold buyer in Q4 2019 was Morgan Stanley, an estimated $10.7M added.
- The largest Sandstorm Gold seller in Q4 2019 was Schonfeld Strategic Advisors, an estimated $6.16M sold.
Based on aggregated 13F filings for Q4 2019.