We are live on ! Find out more
SNDL icon

Sundial Growers
SNDL

130 hedge funds and large institutions have $151M invested in Sundial Growers in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

198% more capital invested

Capital invested by funds: $50.8M → $151M (+$101M)

23% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 22

5.66% more ownership

Funds ownership: 16.31% → 21.97% (+5.7%)

2% more funds holding

Funds holding: 128 → 130 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 31

13% less call options, than puts

Call options by funds: $9.39M | Put options by funds: $10.8M

Holders
130
Holders Change
+2
Holders Change %
+1.56%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
27
Increased
29
Reduced
31
Closed
22
Calls
$9.39M
Puts
$10.8M
Net Calls
-$1.46M
Net Calls Change
+$1.4M

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$17.2M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$8.14M
3
AI
AdvisorShares Investments
Maryland
+$4.43M
4
Citadel Advisors
Citadel Advisors
Florida
+$4.38M
5
JP Morgan Chase
JP Morgan Chase
New York
+$3.77M

Top Sellers

Rank Fund Capital Flow
1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$9.74M
2
Millennium Management
Millennium Management
New York
-$3.79M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.73M
4
TI
Tidal Investments
Wisconsin
-$2.38M
5
Group One Trading
Group One Trading
Illinois
-$659K
Name Holding Trade Value Shares
Change 		Change in
Stake
SIA
26
SkyView Investment Advisors
New Jersey
$793K +$15K +7,480 +3%
Mackenzie Financial
27
Mackenzie Financial
Ontario, Canada
$675K +$506K +251,884 New
BBA
28
Baader Bank Aktiengesellschaft
Germany
$673K +$158K +78,892 +45%
OIA
29
OneDigital Investment Advisors
Kansas
$560K -$4.42K -2,205 -1%
CSS
30
Cubist Systematic Strategies
Connecticut
$538K +$156K +77,607 +63%
Invesco
31
Invesco
Georgia
$521K -$398K -198,485 -51%
GCP
32
GSA Capital Partners
United Kingdom
$489K -$77.3K -38,537 -17%
EGM
33
Engineers Gate Manager
New York
$480K +$359K +179,112 New
Geode Capital Management
34
Geode Capital Management
Massachusetts
$442K – – –
CCM
35
Connective Capital Management
California
$402K +$301K +149,849 New
MFG
36
Magnus Financial Group
New York
$397K – – –
CC
37
Centiva Capital
New York
$323K +$242K +120,576 New
HT
38
Headlands Technologies
Illinois
$291K +$218K +108,648 New
RS
39
R Squared
Hong Kong
$281K -$71.6K -35,676 -25%
FDCDDQ
40
Federation des caisses Desjardins du Quebec
Quebec, Canada
$273K +$29.5K +14,684 +16%
LSA
41
Leonteq Securities AG
Switzerland
$264K -$6.8K -3,388 -3%
AG
42
Algert Global
California
$220K +$165K +82,160 New
KWM
43
Kingsview Wealth Management
Oregon
$212K +$159K +79,238 New
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
$208K -$2.73M -1,358,101 -95%
TSS
45
Two Sigma Securities
New York
$206K -$32.7K -16,299 -17%
Point72 Asset Management
46
Point72 Asset Management
Connecticut
$204K +$153K +76,093 New
BlackRock
47
BlackRock
New York
$179K -$7.19K -3,583 -5%
VF
48
Virtu Financial
New York
$172K +$44.1K +21,985 +52%
SPS
49
Susquehanna Portfolio Strategies
Pennsylvania
$161K +$120K +59,894 New
SAG
50
Susquehanna Advisors Group
Pennsylvania
$158K – – –
1
2
3 4 5

SNDL Hedge Fund Activity: Q3 2025 in Review

130 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q3 2025, worth a combined $151M — up 198% from $50.8M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SNDL positions and 22 closed out — a net gain of 5 holders — while 29 added to existing stakes and 31 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $17.2M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $9.74M.

  • 130 institutional investors held Sundial Growers (SNDL) as of Q3 2025, up from 128 in Q2 2025.
  • Funds reported $151M of Sundial Growers stock for Q3 2025, up 198% quarter-over-quarter.
  • 27 funds opened new Sundial Growers positions in Q3 2025 and 22 closed out, a net change of +5 holders.
  • The largest Sundial Growers buyer in Q3 2025 was Morgan Stanley, an estimated $17.2M added.
  • The largest Sundial Growers seller in Q3 2025 was BNP Paribas Financial Markets, an estimated $9.74M sold.

Based on aggregated 13F filings for Q3 2025.