Sundial Growers
SNDL
129 hedge funds and large institutions have $50.8M invested in Sundial Growers in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 21 closing their positions.
69% more capital inflows, than outflows
Capital inflows: $8.77M | Capital outflows: $5.2M
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
5% more funds holding
Funds holding: 123 → 129 (+6)
1.04% more ownership
Funds ownership: 15.26% → 16.31% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
63% less call options, than puts
Call options by funds: $1.68M | Put options by funds: $4.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.16M |
| 2 |
Millennium Management
New York
|
+$2.53M |
| 3 |
Morgan Stanley
New York
|
+$770K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$451K |
| 5 |
GSA Capital Partners
London,
United Kingdom
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.54M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.45M |
| 3 |
Goldman Sachs
New York
|
-$394K |
| 4 |
State of Wyoming
Cheyenne,
Wyoming
|
-$305K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$299K |
SNDL Hedge Fund Activity: Q2 2025 in Review
129 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q2 2025, worth a combined $50.8M — down 8.4% from $55.4M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SNDL positions and 21 closed out — a net gain of 7 holders — while 31 added to existing stakes and 25 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $3.16M. The largest seller was Arrowstreet Capital, cutting an estimated $1.54M.
- 129 institutional investors held Sundial Growers (SNDL) as of Q2 2025, up from 123 in Q1 2025.
- Funds reported $50.8M of Sundial Growers stock for Q2 2025, down 8.4% quarter-over-quarter.
- 28 funds opened new Sundial Growers positions in Q2 2025 and 21 closed out, a net change of +7 holders.
- The largest Sundial Growers buyer in Q2 2025 was Royal Bank of Canada, an estimated $3.16M added.
- The largest Sundial Growers seller in Q2 2025 was Arrowstreet Capital, an estimated $1.54M sold.
Based on aggregated 13F filings for Q2 2025.