Sandstorm GoldSAND

13F holders, Q1 2025 (March 31)
224holders +8
32new positions
24sold out
7famous investors
$7.78avg. 13F price*

At the end of Q1 2025, 224 institutions reported holding Sandstorm Gold Ltd. (SAND) in their 13F filings, up 8 from Q4 2024. 32 opened new positions and 24 sold out. The largest holders were Capital International Investors ($188.8M), Van Eck Associates Corp. ($158.2M) and Orion Resource Partners LP ($157.1M). 7 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Sandstorm Gold Ltd.
CUSIP
80013R206
Latest filing quarter
Q4 2025

History

Number of 13F holders

0100200300 Q1 2024: 203Q1 2024Q2 2024: 211Q2 2024Q3 2024: 211Q3 2024Q4 2024: 216Q4 2024Q1 2025: 224Q1 2025Q2 2025: 242Q2 2025Q3 2025: 269Q3 2025Q4 2025: 2Q4 2025

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions32$68.4M
Exits24$8.1M

All 13F filers, Q4 2024 → Q1 2025: 21,823,135 shares bought and 22,876,624 shares sold, net −1,053,489 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 224 holders

Capital International Investors 0.04% Add +4.8% 25,010,849 $188.8M
Van Eck Associates Corp. 0.21% Reduce -11.5% 20,951,124 $158.2M
Orion Resource Partners LP 29.89% Reduce -29.2% 20,851,772 $157.1M
Boston Partners 0.15% Add +15.9% 11,374,157 $123.3M
Invesco Ltd. 0.01% Add +3.6% 6,760,201 $51.0M
Sprott Inc. 2.36% Add +18.3% 5,281,973 $39.9M
Dimensional Fund Advisors LP 0.01% Reduce -2.2% 4,866,386 $36.7M
Ontario Teachers Pension Plan Board 0.53% Reduce -33.4% 4,497,638 $34.0M
Horizon Kinetics Asset Management LLC 0.32% Reduce -3.1% 3,672,796 $27.7M
D. E. Shaw & Co. 0.03% Add +76.5% 3,508,774 $26.5M
Morgan Stanley 0.00% Add +91.9% 2,784,958 $21.0M
Two Sigma Advisers, LP 0.05% Add +20.1% 2,780,984 $21.0M
Bank of Montreal 0.01% Add +0.1% 2,360,981 $17.8M
Amundi 0.01% Reduce -18.9% 2,345,329 $17.7M
Kopernik Global Investors, LLC 1.63% Add +5.0% 2,080,780 $15.7M
Wellington Management Group LLP 0.00% New 2,072,727 $15.6M
Millennium Management 0.02% Add +731.7% 2,032,823 $15.3M
Renaissance Technologies 0.02% Add +37.9% 2,026,400 $15.3M
Two Sigma Investments, LP 0.03% Add +4.0% 2,008,068 $15.2M
Caisse de depot et placement du Quebec 0.03% New 1,690,018 $12.7M
Connor, Clark & Lunn Investment Management Ltd. 0.04% New 1,153,679 $8.7M
Bar Harbor Wealth Management 0.56% Reduce -0.3% 1,124,843 $8.5M
Goldman Sachs Group Inc. 0.00% Add +11.3% 1,120,393 $8.5M
Ruffer LLP 0.32% New 1,102,950 $8.3M
Cannell & Spears LLC 0.17% Add +1.3% 1,021,905 $7.7M
National Bank of Canada 0.01% Add +21.0% 1,022,886 $7.7M
Citadel Advisors 0.01% Reduce -7.7% 962,246 $7.3M
U S Global Investors Inc. 0.87% Reduce -3.9% 873,898 $6.6M
Capital International Sarl 0.15% Add +146.3% 867,413 $6.5M
Jane Street Group, LLC 0.01% Add +39.8% 787,596 $5.9M
Trexquant Investment LP 0.07% Add +18.1% 781,562 $5.9M
Royce & Associates LP 0.06% Reduce -1.3% 775,000 $5.9M
TD Asset Management Inc 0.01% Add +4.2% 717,284 $5.4M
Knoll Capital Management, LLC 3.44% New 700,000 $5.3M
Bank of America Corp. 0.00% Add +817.9% 666,578 $5.0M
SummitTX Capital, L.P. 0.22% — 649,036 $4.9M
Louisbourg Investments Inc. 1.23% Reduce -17.7% 599,282 $4.5M
Ancora Advisors LLC 0.10% Add +49.5% 597,250 $4.5M
Cubist Systematic Strategies, LLC 0.06% New 588,398 $4.4M
Clearbridge Investments, LLC 0.00% Add +11.1% 587,052 $4.4M
Arrowstreet Capital, Limited Partnership 0.00% Reduce -60.0% 532,818 $4.0M
Swiss National Bank 0.00% Add +3.8% 520,762 $3.9M
Russell Investments Group, Ltd. 0.00% Add +4.8% 437,521 $3.3M
Voloridge Investment Management, LLC 0.01% New 412,398 $3.1M
Federation des caisses Desjardins du Quebec 0.02% Reduce -25.4% 415,966 $3.1M
Jump Financial, LLC 0.05% New 408,087 $3.1M
C WorldWide Group Holding A/S 0.04% No change 398,069 $3.0M
Deutsche Bank AG 0.00% Reduce -31.9% 376,654 $2.8M
FMR LLC 0.00% Add +0.0% 339,612 $2.6M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +7.2% 339,284 $2.6M
Cercano Management LLC 0.07% Reduce -36.1% 317,098 $2.4M
Barclays PLC 0.00% Reduce -10.3% 316,140 $2.4M
Raymond James Financial Inc. 0.00% Reduce -39.3% 310,584 $2.3M
CIBC Asset Management Inc 0.01% Add +0.8% 305,203 $2.3M
Susquehanna International Group, LLP 0.00% Reduce -59.0% 303,247 $2.3M
JPMorgan Chase & Co. 0.00% Add +4069.0% 301,086 $2.3M
Intact Investment Management Inc. 0.08% Add +10.3% 298,000 $2.2M
UBS Group AG 0.00% Reduce -60.0% 290,895 $2.2M
Stifel Financial Corp. 0.00% Reduce -51.8% 280,737 $2.1M
Guggenheim Capital LLC 0.02% Add +0.3% 266,247 $2.0M
Legal & General Group Plc 0.00% Add +7.6% 259,321 $2.0M
Private Advisor Group, LLC 0.01% Add +4.0% 253,166 $1.9M
Prescott Group Capital Management, L.L.C. 0.25% No change 229,968 $1.7M
Nuveen, LLC 0.00% — 226,729 $1.7M
Vanguard Group Inc. 0.00% Add +9.6% 223,702 $1.7M
Manatuck Hill Partners, LLC 0.73% New 210,600 $1.6M
PKO Investment Management Joint-Stock Co 0.18% No change 210,400 $1.6M
Tudor Investment Corporation 0.01% Add +460.9% 200,965 $1.5M
Meixler Investment Management, Ltd. 1.05% Add +1588.1% 200,963 $1.5M
Manufacturers Life Insurance Company, The 0.00% Reduce -14.0% 199,243 $1.5M
Crewe Advisors LLC 0.21% No change 199,746 $1.5M
PDT Partners, LLC 0.10% No change 187,141 $1.4M
Money Concepts Capital Corp. 0.10% Add +0.9% 179,107 $1.4M
Group One Trading LLC 0.06% Reduce -48.0% 177,370 $1.3M
CANADA LIFE ASSURANCE Co 0.00% Add +6.2% 176,999 $1.3M
American Century Companies Inc. 0.00% Add +2.4% 170,389 $1.3M
Aquatic Capital Management LLC 0.03% New 160,200 $1.2M
Squarepoint Ops LLC 0.00% Reduce -31.1% 160,117 $1.2M
Eschler Asset Management LLP 2.80% No change 150,000 $1.1M
Alberta Investment Management Corp 0.01% No change 144,800 $1.1M
Geode Capital Management, LLC 0.00% Add +7.5% 139,502 $1.1M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% Reduce -95.5% 138,510 $1.0M
Mackenzie Financial Corp. 0.00% Add +7.5% 136,709 $1.0M
Vident Advisory, LLC 0.01% Reduce -12.1% 123,685 $934K
Moors & Cabot, Inc. 0.05% Reduce -44.8% 123,059 $929K
Nebula Research & Development LLC 0.08% Reduce -39.4% 112,342 $848K
SG Americas Securities, LLC 0.00% Add +2.1% 111,762 $844K
Qube Research & Technologies Ltd 0.00% Reduce -60.5% 105,697 $798K
Cibc World Market Inc. 0.00% Add +34.0% 105,263 $793K
LPL Financial LLC 0.00% Reduce -6.2% 95,796 $723K
Clear Harbor Asset Management, LLC 0.06% Add +0.8% 95,163 $718K
BNP Paribas Financial Markets 0.00% Add +51.8% 90,679 $685K
Parvin Asset Management, LLC 0.76% Add +2.0% 89,450 $675K
Public Employees Retirement System of Ohio 0.00% Add +14.1% 88,080 $663K
Alps Advisors Inc. 0.00% New 82,604 $624K
Mariner, LLC 0.00% Reduce -4.7% 80,513 $608K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +26.3% 80,295 $605K
TSP Capital Management Group, LLC 0.19% No change 77,500 $585K
XTX Topco Ltd 0.03% Add +107.9% 75,471 $570K
Zazove Associates LLC 1.04% New 75,000 $566K
HRT Financial LP 0.00% Reduce -7.8% 70,479 $532K
Royal Bank of Canada 0.00% Add +12.3% 65,526 $494K
Mad River Investors 0.21% Reduce -64.8% 64,364 $486K
Sei Investments Co. 0.00% Add +0.8% 63,948 $483K
Stansberry Asset Management, LLC 0.06% Add +6.3% 62,111 $469K
Cambridge Investment Research Advisors, Inc. 0.00% Add +14.7% 61,184 $462K
SIG North Trading, ULC 0.09% Add +177.9% 59,829 $452K
Mgo One Seven LLC 0.02% New 57,726 $436K
Quantbot Technologies LP 0.01% Reduce -50.1% 57,684 $436K
Plancorp, LLC 0.02% No change 57,142 $431K
D.A. Davidson & Co. 0.00% New 54,885 $414K
Citigroup Inc. 0.00% Reduce -1.9% 54,902 $414K
Advisory Services Network, LLC 0.01% New 49,131 $371K
Marex Group Ltd 0.01% New 46,286 $349K
Pictet Asset Management Holding SA 0.00% Add +10.0% 46,289 $349K
Alliancebernstein L.P. 0.00% No change 43,712 $330K
Centiva Capital, LP 0.02% New 42,177 $318K
Ullmann Wealth Partners Group, LLC 0.04% No change 40,000 $302K
Virtu Financial LLC 0.02% New 39,536 $298K
Tiemann Investment Advisors, LLC 0.13% No change 39,081 $295K
Moneta Group Investment Advisors LLC 0.00% No change 38,399 $290K
Toronto Dominion Bank 0.00% Add +16.9% 37,762 $284K
Spire Wealth Management 0.01% Add +0.2% 36,837 $278K
PFG Investments, LLC 0.02% Add +8.8% 34,979 $264K
Gotham Asset Management 0.00% Reduce -59.2% 33,920 $256K
Wolverine Trading, LLC 0.01% Add +12.7% 32,834 $249K
Eagle Global Advisors LLC 0.01% Reduce -10.8% 30,600 $231K
IMC-Chicago, LLC 0.01% Reduce -82.5% 30,479 $230K
Mayfair Advisory Group, LLC 0.13% No change 30,000 $227K
Simplicity Wealth,LLC 0.02% No change 30,000 $227K
TCFG Wealth Management, LLC 0.11% No change 27,675 $209K
HighTower Advisors, LLC 0.00% Reduce -9.9% 27,663 $209K
Oppenheimer Asset Management Inc. 0.00% Add +62.0% 26,916 $203K
Olympiad Research LP 0.23% Add +9.1% 26,042 $197K
Cetera Investment Advisers 0.00% Add +140.2% 25,590 $193K
Bard Associates Inc. 0.07% Reduce -52.6% 25,076 $189K
REDW Wealth LLC 0.07% New 25,049 $189K
Avalon Capital Management 0.05% No change 25,000 $189K
Creative Planning 0.00% Add +23.4% 24,025 $181K
Osaic Holdings, Inc. 0.00% Reduce -2.5% 23,506 $178K
Cherry Tree Wealth Management, LLC 0.04% Reduce -34.7% 23,500 $177K
Optimum Investment Advisors 0.08% Add +14.7% 23,400 $177K
Fiduciary Alliance LLC 0.02% No change 22,735 $172K
Commonwealth Equity Services, LLC 0.00% Add +0.1% 21,758 $164K
Investment Partners Asset Management, Inc. 0.13% Reduce -2.8% 21,347 $161K
Profund Advisors LLC 0.01% Add +28.9% 21,204 $160K
Northwest & Ethical Investments L.P. 0.00% Add +175.3% 21,074 $159K
Prelude Capital Management, LLC 0.02% Add +9.1% 20,833 $157K
Bank of New York Mellon Corp 0.00% Add +43.8% 19,989 $151K
OneDigital Investment Advisors LLC 0.00% Reduce -1.0% 19,850 $150K
Vanguard Personalized Indexing Management, LLC 0.00% Reduce -1.9% 19,785 $149K
FORA Capital, LLC 0.01% New 16,033 $121K
Investment Management Corp of Ontario 0.00% New 15,718 $119K
United Advisor Group, LLC 0.02% New 15,686 $118K
Fiduciary Trust Co 0.00% No change 15,410 $116K
Shell Asset Management Co. 0.01% No change 14,500 $109K
HSBC Holdings PLC 0.00% Add +9.3% 14,423 $109K
Rathbones Group PLC 0.00% Reduce -1.3% 13,957 $105K
Integrity Alliance, Llc. 0.00% Reduce -45.5% 13,657 $103K
Integrated Advisors Network LLC 0.01% Add +4.8% 13,100 $99K
JTC Employer Solutions Trustee Ltd 0.01% No change 12,998 $98K
Wells Fargo & Company 0.00% Reduce -4.9% 12,605 $95K
Northern Trust Corp. 0.00% No change 12,054 $91K
Venture Visionary Partners LLC 0.00% New 12,000 $91K
Graham Capital Management, L.P. 0.00% Reduce -85.1% 11,944 $90K
Ameriprise Financial Inc. 0.00% Reduce -18.6% 11,654 $88K
Fisher Asset Management 0.00% New 10,925 $82K
Captrust Financial Advisors 0.00% Reduce -61.6% 10,548 $80K
Equitable Holdings, Inc. 0.00% No change 10,030 $76K
Greatmark Investment Partners, Inc. 0.01% No change 10,000 $76K
Cantor Fitzgerald, L. P. 0.00% No change 10,000 $76K
Evergreen Capital Management LLC 0.00% No change 10,000 $76K
Credit Agricole S A 0.00% New 7,260 $55K
Kiker Wealth Management, LLC 0.04% New 6,983 $53K
Tower Research Capital LLC (TRC) 0.00% New 6,104 $46K
CoreCap Advisors, LLC 0.00% No change 5,541 $42K
Principal Securities, Inc. 0.00% No change 5,711 $32K
Evelyn Partners Investment Management (Europe) Ltd 0.01% No change 4,200 $32K
Hollencrest Capital Management 0.00% No change 3,630 $27K
Huntington National Bank 0.00% No change 3,550 $27K
SVB Wealth LLC 0.00% New 3,000 $23K
Point72 Asia (Singapore) Pte. Ltd. 0.01% New 2,889 $22K
IFP Advisors, Inc 0.00% Add +28.8% 2,507 $19K
Caitong International Asset Management Co., Ltd 0.01% Add +305.8% 2,370 $18K
Manchester Capital Management LLC 0.00% Reduce -31.0% 2,208 $17K
Steward Partners Investment Advisory, LLC 0.00% Reduce -41.8% 2,161 $16K
Arax Advisory Partners 0.00% New 2,122 $16K
Glass Jacobson Investment Advisors llc 0.01% No change 2,800 $16K
Point72 (DIFC) Ltd 0.00% New 2,035 $15K
Bank & Trust Co 0.01% No change 1,943 $15K
TD Waterhouse Canada Inc. 0.00% No change 1,860 $14K
MAI Capital Management 0.00% No change 1,800 $14K
NewEdge Advisors, LLC 0.00% Add +7.1% 1,736 $13K
Wealth Preservation Advisors, LLC 0.01% — 1,468 $11K
Allworth Financial LP 0.00% No change 1,000 $9K
Farther Finance Advisors, LLC 0.00% Add +266.7% 1,100 $8K
Graney & King, LLC 0.01% No change 1,000 $8K
AdvisorNet Financial, Inc 0.00% Add +53.9% 1,000 $8K
Tradewinds Capital Management, LLC 0.00% No change 900 $7K
Jones Financial Companies LLLP 0.00% No change 849 $6K
Perritt Capital Management Inc 0.00% No change 800 $6K
Tidemark, LLC 0.00% No change 800 $6K
BlackRock, Inc. 0.00% Add +0.1% 731 $6K
Gen-Wealth Partners Inc 0.00% No change 700 $5K
Quadrant Capital Group LLC 0.00% No change 700 $5K
Godsey & Gibb, Inc. 0.00% No change 650 $5K
Horizon Bancorp Inc. 0.00% No change 478 $4K
Vermillion & White Wealth Management Group, LLC 0.00% No change 500 $4K
Geneos Wealth Management Inc. 0.00% No change 500 $4K
US Bancorp \de 0.00% No change 500 $4K
SWAN Capital LLC 0.00% Reduce -34.3% 480 $4K
Northwestern Mutual Wealth Management Co. 0.00% Add +468.8% 455 $3K
Signaturefd, LLC 0.00% No change 412 $3K
Oakworth Capital, Inc. 0.00% No change 400 $3K
Clearstead Advisors, LLC 0.00% Add +0.3% 355 $3K
Physician Wealth Advisors, Inc. 0.00% No change 250 $2K
Hexagon Capital Partners LLC 0.00% Reduce -5.1% 223 $2K
SBI Securities Co., Ltd. 0.00% Reduce -3.9% 196 $1K
EverSource Wealth Advisors, LLC 0.00% Add +71.8% 146 $1K
City State Bank 0.00% No change 100 $755
REAP Financial Group, LLC 0.00% New 50 $378
Transce3nd, LLC 0.00% No change 47 $355
Creekmur Asset Management LLC 0.00% No change 2 $18
Rhumbline Advisers 0.00% No change 2 $15

"% of holder's portfolio" is SAND's weight in each manager's 13F, not the share of Sandstorm Gold Ltd. the manager owns.