Sangoma Technologies
SANG
19 hedge funds and large institutions have $29.8M invested in Sangoma Technologies in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 4 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
1.42% less ownership
Funds ownership: 19.44% → 18.02% (-1.4%)
10% less funds holding
Funds holding: 21 → 19 (-2)
25% less capital invested
Capital invested by funds: $39.8M → $29.8M (-$9.99M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$194K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$126K |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$104K |
| 4 |
CAM
Claret Asset Management
Montreal,
Quebec, Canada
|
+$74.3K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$70.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$2.37M |
| 2 |
EMCIP
Ewing Morris & Co Investment Partners
Toronto,
Ontario, Canada
|
-$505K |
| 3 |
UW
Unique Wealth
Clearwater,
Florida
|
-$404K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$75.7K |
| 5 |
Morgan Stanley
New York
|
-$23.4K |
SANG Hedge Fund Activity: Q3 2025 in Review
19 of the 7,631 institutional investors tracked by Wall St. Rank reported a position in Sangoma Technologies (SANG) for Q3 2025, worth a combined $29.8M — down 25% from $39.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SANG and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Intact Investment Management, adding an estimated $194K. The largest seller was PenderFund Capital Management, cutting an estimated $2.37M.
- 19 institutional investors held Sangoma Technologies (SANG) as of Q3 2025, down from 21 in Q2 2025.
- Funds reported $29.8M of Sangoma Technologies stock for Q3 2025, down 25% quarter-over-quarter.
- 2 funds opened new Sangoma Technologies positions in Q3 2025 and 4 closed out, a net change of -2 holders.
- The largest Sangoma Technologies buyer in Q3 2025 was Intact Investment Management, an estimated $194K added.
- The largest Sangoma Technologies seller in Q3 2025 was PenderFund Capital Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2025.