Sundial Growers
SNDL
130 hedge funds and large institutions have $151M invested in Sundial Growers in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 22 closing their positions.
198% more capital invested
Capital invested by funds: $50.8M → $151M (+$101M)
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
5.66% more ownership
Funds ownership: 16.31% → 21.97% (+5.7%)
2% more funds holding
Funds holding: 128 → 130 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
13% less call options, than puts
Call options by funds: $9.39M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.14M |
| 3 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$4.43M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.38M |
| 5 |
JP Morgan Chase
New York
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.74M |
| 2 |
Millennium Management
New York
|
-$3.79M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.73M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$2.38M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$659K |
SNDL Hedge Fund Activity: Q3 2025 in Review
130 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q3 2025, worth a combined $151M — up 198% from $50.8M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SNDL positions and 22 closed out — a net gain of 5 holders — while 29 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $17.2M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $9.74M.
- 130 institutional investors held Sundial Growers (SNDL) as of Q3 2025, up from 128 in Q2 2025.
- Funds reported $151M of Sundial Growers stock for Q3 2025, up 198% quarter-over-quarter.
- 27 funds opened new Sundial Growers positions in Q3 2025 and 22 closed out, a net change of +5 holders.
- The largest Sundial Growers buyer in Q3 2025 was Morgan Stanley, an estimated $17.2M added.
- The largest Sundial Growers seller in Q3 2025 was BNP Paribas Financial Markets, an estimated $9.74M sold.
Based on aggregated 13F filings for Q3 2025.