Sundial Growers
SNDL
124 hedge funds and large institutions have $54.9M invested in Sundial Growers in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
18% more capital inflows, than outflows
Capital inflows: $20.2M | Capital outflows: $17.1M
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
8% more funds holding
Funds holding: 115 → 124 (+9)
0.33% more ownership
Funds ownership: 10.54% → 10.86% (+0.33%)
34% less call options, than puts
Call options by funds: $5.1M | Put options by funds: $7.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cannell Capital
Alta,
Wyoming
|
+$3.85M |
| 2 |
Morgan Stanley
New York
|
+$3.22M |
| 3 |
Millennium Management
New York
|
+$2.59M |
| 4 |
Two Sigma Investments
New York
|
+$1.27M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tidal Investments
Milwaukee,
Wisconsin
|
-$6.21M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.54M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| 4 |
Jane Street
New York
|
-$839K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$709K |
SNDL Hedge Fund Activity: Q2 2024 in Review
124 of the 6,944 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q2 2024, worth a combined $54.9M — down 0.3% from $55.1M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SNDL positions and 17 closed out — a net gain of 10 holders — while 28 added to existing stakes and 25 trimmed.
The largest buyer was Cannell Capital, adding an estimated $3.85M. The largest seller was Tidal Investments, cutting an estimated $6.21M.
- 124 institutional investors held Sundial Growers (SNDL) as of Q2 2024, up from 115 in Q1 2024.
- Funds reported $54.9M of Sundial Growers stock for Q2 2024, down 0.3% quarter-over-quarter.
- 27 funds opened new Sundial Growers positions in Q2 2024 and 17 closed out, a net change of +10 holders.
- The largest Sundial Growers buyer in Q2 2024 was Cannell Capital, an estimated $3.85M added.
- The largest Sundial Growers seller in Q2 2024 was Tidal Investments, an estimated $6.21M sold.
Based on aggregated 13F filings for Q2 2024.