Sandstorm Gold
SAND
SAND was delisted on the 17th of October, 2025.
172 hedge funds and large institutions have $743M invested in Sandstorm Gold in 2020 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 23 closing their positions.
136% more call options, than puts
Call options by funds: $27.7M | Put options by funds: $11.7M
92% more capital invested
Capital invested by funds: $387M → $743M (+$356M)
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
8% more funds holding
Funds holding: 159 → 172 (+13)
2.33% less ownership
Funds ownership: 44.44% → 42.11% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$18.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.29M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.27M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$6.07M |
| 5 |
BCM
Brightlight Capital Management
Westport,
Connecticut
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$18.9M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$11.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.11M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.63M |
| 5 |
VanEck Associates
New York
|
-$4.05M |
SAND Hedge Fund Activity: Q2 2020 in Review
172 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q2 2020, worth a combined $743M — up 92% from $387M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SAND positions and 23 closed out — a net gain of 13 holders — while 54 added to existing stakes and 48 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $18.1M. The largest seller was Canada Life, cutting an estimated $18.9M.
- 172 institutional investors held Sandstorm Gold (SAND) as of Q2 2020, up from 159 in Q1 2020.
- Funds reported $743M of Sandstorm Gold stock for Q2 2020, up 92% quarter-over-quarter.
- 36 funds opened new Sandstorm Gold positions in Q2 2020 and 23 closed out, a net change of +13 holders.
- The largest Sandstorm Gold buyer in Q2 2020 was Capital Growth Management, an estimated $18.1M added.
- The largest Sandstorm Gold seller in Q2 2020 was Canada Life, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2020.