Sundial Growers
SNDL
100 hedge funds and large institutions have $13.6M invested in Sundial Growers in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 22 closing their positions.
83% more call options, than puts
Call options by funds: $7.76M | Put options by funds: $4.24M
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
2.67% less ownership
Funds ownership: 6.49% → 3.82% (-2.7%)
6% less funds holding
Funds holding: 106 → 100 (-6)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
50% less capital invested
Capital invested by funds: $27.4M → $13.6M (-$13.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.07M |
| 2 |
Millennium Management
New York
|
+$1.06M |
| 3 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$607K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$189K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.26M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$945K |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$720K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$555K |
| 5 |
VF
Virtu Financial
New York
|
-$162K |
SNDL Hedge Fund Activity: Q2 2023 in Review
100 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q2 2023, worth a combined $13.6M — down 50% from $27.4M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SNDL and 17 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $1.07M. The largest seller was HRT Financial, exiting entirely with an estimated $1.26M sold.
- 100 institutional investors held Sundial Growers (SNDL) as of Q2 2023, down from 106 in Q1 2023.
- Funds reported $13.6M of Sundial Growers stock for Q2 2023, down 50% quarter-over-quarter.
- 17 funds opened new Sundial Growers positions in Q2 2023 and 22 closed out, a net change of -5 holders.
- The largest Sundial Growers buyer in Q2 2023 was Mirae Asset Global Investments, an estimated $1.07M added.
- The largest Sundial Growers seller in Q2 2023 was HRT Financial, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2023.