Sundial Growers
SNDL
121 hedge funds and large institutions have $94.2M invested in Sundial Growers in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 24 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 28
0.08% more ownership
Funds ownership: 21.97% → 22.05% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 130 → 121 (-9)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
38% less capital invested
Capital invested by funds: $151M → $94.2M (-$57.2M)
44% less call options, than puts
Call options by funds: $4.3M | Put options by funds: $7.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.33M |
| 2 |
HF
HRT Financial
New York
|
+$1.63M |
| 3 |
Millennium Management
New York
|
+$1.27M |
| 4 |
Goldman Sachs
New York
|
+$794K |
| 5 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.41M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$1.83M |
| 3 |
JP Morgan Chase
New York
|
-$1.19M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.07M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$521K |
SNDL Hedge Fund Activity: Q4 2025 in Review
121 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Sundial Growers (SNDL) for Q4 2025, worth a combined $94.2M — down 38% from $151M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SNDL and 18 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 36 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.33M. The largest seller was Royal Bank of Canada, cutting an estimated $4.41M.
- 121 institutional investors held Sundial Growers (SNDL) as of Q4 2025, down from 130 in Q3 2025.
- Funds reported $94.2M of Sundial Growers stock for Q4 2025, down 38% quarter-over-quarter.
- 18 funds opened new Sundial Growers positions in Q4 2025 and 24 closed out, a net change of -6 holders.
- The largest Sundial Growers buyer in Q4 2025 was Susquehanna International Group, an estimated $2.33M added.
- The largest Sundial Growers seller in Q4 2025 was Royal Bank of Canada, an estimated $4.41M sold.
Based on aggregated 13F filings for Q4 2025.