Sundial Growers
SNDL
114 hedge funds and large institutions have $55.1M invested in Sundial Growers in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 22 closing their positions.
108% more capital invested
Capital invested by funds: $26.5M → $55.1M (+$28.6M)
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
5% more funds holding
Funds holding: 109 → 114 (+5)
4.39% more ownership
Funds ownership: 6.15% → 10.53% (+4.4%)
36% less call options, than puts
Call options by funds: $4.89M | Put options by funds: $7.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$13.3M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$4.25M |
| 3 |
Millennium Management
New York
|
+$933K |
| 4 |
PCM
Prelude Capital Management
New York
|
+$768K |
| 5 |
Goldman Sachs
New York
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.95M |
| 2 |
Morgan Stanley
New York
|
-$1.54M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.01M |
| 4 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$501K |
| 5 |
VF
Virtu Financial
New York
|
-$267K |
SNDL Hedge Fund Activity: Q1 2024 in Review
114 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q1 2024, worth a combined $55.1M — up 108% from $26.5M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SNDL positions and 22 closed out — a net gain of 6 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Tidal Investments, opening a new position worth an estimated $13.3M. The largest seller was Mirae Asset Global Investments, cutting an estimated $2.95M.
- 114 institutional investors held Sundial Growers (SNDL) as of Q1 2024, up from 109 in Q4 2023.
- Funds reported $55.1M of Sundial Growers stock for Q1 2024, up 108% quarter-over-quarter.
- 28 funds opened new Sundial Growers positions in Q1 2024 and 22 closed out, a net change of +6 holders.
- The largest Sundial Growers buyer in Q1 2024 was Tidal Investments, an estimated $13.3M added.
- The largest Sundial Growers seller in Q1 2024 was Mirae Asset Global Investments, an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2024.