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SAND

Sandstorm Gold

Delisted

SAND was delisted on the 17th of October, 2025.

170 hedge funds and large institutions have $549M invested in Sandstorm Gold in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 51 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $22.9M | Put options by funds: $12.3M

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

4% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 51

2.11% less ownership

Funds ownership: 43.24%41.14% (-2.1%)

3% less funds holding

Funds holding: 176170 (-6)

9% less capital invested

Capital invested by funds: $600M → $549M (-$51.1M)

13% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 31

Holders
170
Holders Change
-6
Holders Change %
-3.41%
% of All Funds
2.99%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
27
Increased
49
Reduced
51
Closed
31
Calls
$22.9M
Puts
$12.3M
Net Calls
+$10.7M
Net Calls Change
-$2.33M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$141M -$10.2M -1,523,423 -7%
Canada Life
2
Canada Life
Manitoba, Canada
$40.2M -$2.45M -364,997 -6%
Renaissance Technologies
3
Renaissance Technologies
New York
$30.6M +$5.46M +813,840 +22%
Invesco
4
Invesco
Georgia
$28.3M +$1.32M +196,670 +5%
SI
5
Sprott Inc
Ontario, Canada
$21.8M +$1.95M +291,212 +10%
Morgan Stanley
6
Morgan Stanley
New York
$20M -$5.89M -878,822 -23%
HKAM
7
Horizon Kinetics Asset Management
New York
$19.4M +$2.01M +299,548 +12%
EPIM
8
Equinox Partners Investment Management
Connecticut
$18.8M +$450K +67,170 +2%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$17.6M +$302K +45,052 +2%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$13M +$941K +140,284 +9%
EPAM
11
Euro Pacific Asset Management
Puerto Rico
$11.9M -$8.27K -1,233 -0.1%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$11.2M +$1M +149,900 +10%
Capital International Investors
13
Capital International Investors
California
$9.26M
DZ Bank
14
DZ Bank
Germany
$8.83M
USGIU
15
U.S. Global Investors (USGI)
Texas
$8.71M -$156K -23,329 -2%
Two Sigma Investments
16
Two Sigma Investments
New York
$8.17M -$6.74M -1,006,022 -46%
CSC
17
Cove Street Capital
California
$8M +$7.89M +1,176,424 New
AP
18
Atlas Principals
North Carolina
$7.48M +$2.11M +315,000 +40%
BHTS
19
Bar Harbor Trust Services
Maine
$6.81M -$61K -9,105 -0.9%
CC
20
Carrhae Capital
United Kingdom
$6.13M +$6.05M +901,900 New
IIM
21
Intact Investment Management
Quebec, Canada
$5.66M +$331K +49,400 +8%
RA
22
Royce & Associates
New York
$5.51M
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.5M +$4.19M +625,500 +340%
BCM
24
Brightlight Capital Management
Connecticut
$4.75M
TD Asset Management
25
TD Asset Management
Ontario, Canada
$4.52M +$146K +21,847 +3%

SAND Hedge Fund Activity: Q1 2021 in Review

170 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Sandstorm Gold (SAND) for Q1 2021, worth a combined $549M — down 8.5% from $600M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of SAND and 27 opened new positions — a net loss of 4 holders — while 51 trimmed existing stakes and 49 added.

The largest buyer was Cove Street Capital, opening a new position worth an estimated $7.89M. The largest seller was Goldman Sachs, cutting an estimated $10.4M.

  • 170 institutional investors held Sandstorm Gold (SAND) as of Q1 2021, down from 176 in Q4 2020.
  • Funds reported $549M of Sandstorm Gold stock for Q1 2021, down 8.5% quarter-over-quarter.
  • 27 funds opened new Sandstorm Gold positions in Q1 2021 and 31 closed out, a net change of -4 holders.
  • The largest Sandstorm Gold buyer in Q1 2021 was Cove Street Capital, an estimated $7.89M added.
  • The largest Sandstorm Gold seller in Q1 2021 was Goldman Sachs, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2021.