Sundial Growers
SNDL
35 hedge funds and large institutions have $36M invested in Sundial Growers in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more call options, than puts
Call options by funds: $143K | Put options by funds: $81K
0.06% more ownership
Funds ownership: 1.1% → 1.16% (+0.06%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
10% less funds holding
Funds holding: 39 → 35 (-4)
28% less capital invested
Capital invested by funds: $49.8M → $36M (-$13.8M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$10.6M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.56M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.25M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$910K |
| 5 |
Morgan Stanley
New York
|
+$861K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.04M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$3.5M |
| 3 |
Goldman Sachs
New York
|
-$2.17M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.48M |
| 5 |
MCM
Moore Capital Management
New York
|
-$1.05M |
SNDL Hedge Fund Activity: Q4 2019 in Review
35 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q4 2019, worth a combined $36M — down 28% from $49.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SNDL and 9 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was ETF Managers Group, opening a new position worth an estimated $10.6M. The largest seller was BlackRock, cutting an estimated $6.04M.
- 35 institutional investors held Sundial Growers (SNDL) as of Q4 2019, down from 39 in Q3 2019.
- Funds reported $36M of Sundial Growers stock for Q4 2019, down 28% quarter-over-quarter.
- 9 funds opened new Sundial Growers positions in Q4 2019 and 13 closed out, a net change of -4 holders.
- The largest Sundial Growers buyer in Q4 2019 was ETF Managers Group, an estimated $10.6M added.
- The largest Sundial Growers seller in Q4 2019 was BlackRock, an estimated $6.04M sold.
Based on aggregated 13F filings for Q4 2019.