Sandstorm GoldSAND

13F holders, Q2 2025 (June 30)
242holders +18
40new positions
22sold out
6famous investors
$9.50avg. 13F price*

At the end of Q2 2025, 242 institutions reported holding Sandstorm Gold Ltd. (SAND) in their 13F filings, up 18 from Q1 2025. 40 opened new positions and 22 sold out. The largest holders were Capital International Investors ($235.1M), Orion Resource Partners LP ($196.3M) and Van Eck Associates Corp. ($175.0M). 6 famous investors held it, including Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and David E. Shaw (0.0% of D. E. Shaw & Co.'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 Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions40$70.5M
Exits22$37.8M

All 13F filers, Q1 2025 → Q2 2025: 33,518,718 shares bought and 20,697,781 shares sold, net +12,820,937 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 242 holders

Capital International Investors 0.04% No change 25,010,849 $235.1M
Orion Resource Partners LP 36.37% Reduce 0.0% 20,851,771 $196.3M
Van Eck Associates Corp. 0.20% Reduce -11.2% 18,612,479 $175.0M
Invesco Ltd. 0.02% Add +44.1% 9,740,857 $91.6M
Boston Partners 0.07% Reduce -57.8% 4,802,507 $61.5M
Arrowstreet Capital, Limited Partnership 0.03% Add +779.5% 4,686,377 $44.1M
Caisse de depot et placement du Quebec 0.09% Add +170.1% 4,565,100 $42.9M
Sprott Inc. 2.14% Reduce -14.0% 4,543,804 $42.7M
Two Sigma Advisers, LP 0.09% Add +63.0% 4,531,684 $42.6M
Dimensional Fund Advisors LP 0.01% Reduce -12.9% 4,238,291 $39.9M
Millennium Management 0.04% Add +101.3% 4,093,130 $38.5M
D. E. Shaw & Co. 0.04% Add +12.3% 3,941,796 $37.1M
Horizon Kinetics Asset Management LLC 0.41% Reduce -0.8% 3,644,651 $34.3M
Two Sigma Investments, LP 0.06% Add +69.6% 3,406,361 $32.0M
Renaissance Technologies 0.04% Add +65.6% 3,355,300 $31.5M
Morgan Stanley 0.00% Add +9.5% 3,049,535 $28.7M
Hillsdale Investment Management Inc. 0.74% New 2,131,235 $20.1M
Jane Street Group, LLC 0.03% Add +165.7% 2,092,969 $19.7M
Amundi 0.01% Reduce -13.2% 2,034,995 $19.2M
Citadel Advisors 0.02% Add +104.1% 1,963,854 $18.5M
Wellington Management Group LLP 0.00% Reduce -15.3% 1,755,815 $16.5M
Connor, Clark & Lunn Investment Management Ltd. 0.06% Add +45.1% 1,674,379 $15.8M
Bank of Montreal 0.01% Reduce -29.1% 1,673,878 $15.8M
Kopernik Global Investors, LLC 1.66% Reduce -22.9% 1,603,160 $15.1M
Tudor Investment Corporation 0.11% Add +654.0% 1,515,195 $14.2M
Montrusco Bolton Investments Inc. 0.14% New 1,296,000 $12.2M
Goldman Sachs Group Inc. 0.00% Add +13.4% 1,270,755 $11.9M
Trexquant Investment LP 0.12% Add +46.8% 1,147,295 $10.8M
Bar Harbor Wealth Management 0.67% Reduce -0.8% 1,116,255 $10.5M
Royal Bank of Canada 0.00% Add +1570.9% 1,094,861 $10.3M
Cannell & Spears LLC 0.19% Reduce -0.1% 1,021,040 $9.6M
NewGen Asset Management Ltd 6.15% New 1,000,000 $9.4M
Cubist Systematic Strategies, LLC 0.09% Add +50.4% 884,893 $8.3M
Capital International Sarl 0.16% No change 867,413 $8.2M
TD Asset Management Inc 0.01% Add +16.6% 836,348 $7.9M
Voloridge Investment Management, LLC 0.03% Add +90.8% 786,789 $7.4M
Man Group plc 0.02% New 737,577 $6.9M
Royce & Associates LP 0.07% Reduce -8.7% 707,500 $6.7M
Knoll Capital Management, LLC 4.68% No change 700,000 $6.6M
U S Global Investors Inc. 0.77% Reduce -19.9% 699,747 $6.6M
National Bank of Canada 0.01% Reduce -31.6% 700,097 $6.6M
Bank of America Corp. 0.00% Add +3.2% 687,643 $6.5M
Intact Investment Management Inc. 0.20% Add +111.1% 629,000 $5.9M
UBS Group AG 0.00% Add +112.8% 618,925 $5.8M
SummitTX Capital, L.P. 0.25% Reduce -5.7% 612,269 $5.8M
Clearbridge Investments, LLC 0.00% Reduce -7.9% 540,742 $5.1M
Swiss National Bank 0.00% Reduce -2.4% 508,262 $4.8M
PDT Partners, LLC 0.27% Add +167.9% 501,357 $4.7M
Susquehanna International Group, LLP 0.01% Add +52.4% 462,225 $4.3M
Russell Investments Group, Ltd. 0.01% Reduce -1.6% 430,397 $4.0M
Louisbourg Investments Inc. 0.93% Reduce -29.7% 421,282 $4.0M
Ancora Advisors LLC 0.08% Reduce -29.8% 419,340 $3.9M
C WorldWide Group Holding A/S 0.05% No change 398,069 $3.7M
Aquatic Capital Management LLC 0.08% Add +147.5% 396,559 $3.7M
Deutsche Bank AG 0.00% Add +0.2% 377,557 $3.5M
Jump Financial, LLC 0.04% Reduce -16.4% 341,293 $3.2M
FMR LLC 0.00% Reduce 0.0% 339,600 $3.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -11.4% 300,486 $2.8M
Federation des caisses Desjardins du Quebec 0.01% Reduce -30.1% 290,616 $2.7M
Mackenzie Financial Corp. 0.00% Add +106.1% 281,769 $2.7M
Cercano Management LLC 0.07% Reduce -16.0% 266,435 $2.5M
Raymond James Financial Inc. 0.00% Reduce -14.2% 266,403 $2.5M
Legal & General Group Plc 0.00% Add +2.4% 265,533 $2.5M
Guggenheim Capital LLC 0.02% Reduce -2.2% 260,501 $2.4M
Private Advisor Group, LLC 0.01% No change 253,166 $2.4M
Barclays PLC 0.00% Reduce -20.4% 251,572 $2.4M
Gabelli Funds LLC 0.02% New 250,000 $2.4M
Vanguard Group Inc. 0.00% Add +9.2% 244,204 $2.3M
Quantbot Technologies LP 0.06% Add +313.8% 238,699 $2.2M
CIBC Asset Management Inc 0.01% Reduce -22.9% 235,323 $2.2M
Prescott Group Capital Management, L.L.C. 0.26% No change 229,968 $2.2M
Susquehanna Advisors Group, Inc. 0.14% New 229,500 $2.2M
Ruffer LLP 0.09% Reduce -81.0% 210,090 $2.0M
PKO Investment Management Joint-Stock Co 0.21% No change 210,400 $2.0M
Crewe Advisors LLC 0.27% No change 199,746 $1.9M
Engineers Gate Manager LP 0.02% New 198,237 $1.9M
Nuveen, LLC 0.00% Reduce -12.5% 198,370 $1.9M
Alberta Investment Management Corp 0.02% No change 144,800 $1.9M
Manufacturers Life Insurance Company, The 0.00% Reduce -1.7% 195,898 $1.8M
Point72 Asia (Singapore) Pte. Ltd. 0.32% Add +6498.9% 190,642 $1.8M
Meixler Investment Management, Ltd. 1.21% Reduce -7.0% 186,925 $1.8M
First Trust Advisors LP 0.00% New 179,457 $1.7M
Money Concepts Capital Corp. 0.11% Add +0.0% 179,109 $1.7M
Acadian Asset Management LLC 0.00% New 179,200 $1.7M
CANADA LIFE ASSURANCE Co 0.00% No change 176,999 $1.7M
PCJ Investment Counsel Ltd. 0.56% New 174,750 $1.6M
American Century Companies Inc. 0.00% Add +1.2% 172,473 $1.6M
K2 Principal Fund, L.P. 0.69% New 170,000 $1.6M
Geode Capital Management, LLC 0.00% Add +9.2% 152,362 $1.4M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% Add +6.6% 147,651 $1.4M
Alps Advisors Inc. 0.01% Add +70.1% 140,504 $1.3M
JPMorgan Chase & Co. 0.00% Reduce -54.0% 138,627 $1.3M
Group One Trading LLC 0.04% Reduce -26.3% 130,654 $1.2M
Capula Management Ltd 0.01% New 93,100 $1.2M
Vident Advisory, LLC 0.01% Reduce -4.0% 118,740 $1.1M
Moors & Cabot, Inc. 0.05% Reduce -6.0% 115,655 $1.1M
Advisory Services Network, LLC 0.02% Add +129.2% 112,605 $1.1M
Spark Investment Management LLC 2.86% New 111,000 $1.0M
Nebula Research & Development LLC 0.09% Reduce -2.7% 109,294 $1.0M
LPL Financial LLC 0.00% Add +10.4% 105,776 $994K
Oxford Asset Management LLP 0.28% New 91,540 $860K
Clear Harbor Asset Management, LLC 0.06% Reduce -4.2% 91,160 $857K
Parvin Asset Management, LLC 0.88% Add +1.6% 90,900 $854K
Plancorp, LLC 0.03% Add +58.1% 90,364 $849K
SG Americas Securities, LLC 0.00% Reduce -22.8% 86,246 $811K
Eschler Asset Management LLP 0.60% Reduce -43.3% 85,000 $799K
Manatuck Hill Partners, LLC 0.30% Reduce -60.3% 83,600 $786K
Northwest & Ethical Investments L.P. 0.02% Add +282.4% 80,594 $758K
Mariner, LLC 0.00% Reduce -3.7% 77,531 $729K
Public Employees Retirement System of Ohio 0.00% Reduce -12.1% 77,408 $727K
Cibc World Market Inc. 0.00% Reduce -29.4% 74,287 $699K
Entropy Technologies, LP 0.05% New 70,891 $666K
Schonfeld Strategic Advisors LLC 0.01% New 70,526 $663K
O'shaughnessy Asset Management, LLC 0.00% New 68,036 $640K
Stansberry Asset Management, LLC 0.07% Add +8.4% 67,319 $633K
BNP Paribas Financial Markets 0.00% Reduce -25.8% 67,281 $632K
Squarepoint Ops LLC 0.00% Reduce -61.6% 61,403 $577K
Alliancebernstein L.P. 0.00% Add +34.9% 58,972 $554K
Gotham Asset Management 0.00% Add +70.2% 57,735 $543K
Mgo One Seven LLC 0.02% Reduce -0.9% 57,226 $538K
XTX Topco Ltd 0.02% Reduce -24.9% 56,694 $533K
Citigroup Inc. 0.00% Add +2.8% 56,458 $530K
BlackRock, Inc. 0.00% Add +7557.1% 55,973 $526K
Marex Group Ltd 0.01% Add +18.8% 55,000 $517K
Sei Investments Co. 0.00% Reduce -14.6% 54,629 $514K
Polar Asset Management Partners Inc. 0.02% New 52,699 $496K
Balyasny Asset Management L.P. 0.00% New 52,226 $491K
Aigen Investment Management, LP 0.07% New 51,733 $486K
Mad River Investors 0.20% Reduce -24.4% 48,674 $458K
Pictet Asset Management Holding SA 0.00% Add +3.6% 47,974 $450K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -42.5% 46,176 $434K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -25.9% 45,346 $426K
Ullmann Wealth Partners Group, LLC 0.04% No change 40,000 $376K
Tiemann Investment Advisors, LLC 0.15% No change 39,081 $367K
Walleye Capital LLC 0.00% New 38,817 $365K
Moneta Group Investment Advisors LLC 0.00% No change 38,399 $361K
Spire Wealth Management 0.01% Add +0.1% 36,887 $347K
PFG Investments, LLC 0.02% Add +0.9% 35,310 $332K
Global Retirement Partners, LLC 0.01% — 35,029 $329K
Stifel Financial Corp. 0.00% Reduce -87.8% 34,190 $321K
Mayfair Advisory Group, LLC 0.15% No change 30,000 $313K
Neuberger Berman Group LLC 0.00% New 32,630 $306K
SIG North Trading, ULC 0.07% Reduce -46.3% 32,129 $302K
Eagle Global Advisors LLC 0.01% No change 30,600 $288K
Simplicity Wealth,LLC 0.01% No change 30,000 $282K
Qube Research & Technologies Ltd 0.00% Reduce -71.8% 29,811 $280K
Catalyst Funds Management Pty Ltd 0.08% New 29,200 $274K
Walleye Trading LLC 0.01% New 26,700 $251K
Bank of New York Mellon Corp 0.00% Add +32.6% 26,502 $249K
Commonwealth Equity Services, LLC 0.00% Add +20.3% 26,173 $246K
Creative Planning 0.00% Add +6.8% 25,671 $241K
Osaic Holdings, Inc. 0.00% Add +7.5% 25,275 $238K
Bard Associates Inc. 0.08% No change 25,076 $236K
REDW Wealth LLC 0.09% No change 25,049 $235K
Avalon Capital Management 0.06% No change 25,000 $235K
Morling Financial Advisors, LLC 0.08% New 24,500 $230K
Vanguard Personalized Indexing Management, LLC 0.00% Add +22.8% 24,302 $228K
Benjamin Edwards Inc. 0.00% New 23,427 $220K
Cetera Investment Advisers 0.00% Reduce -9.8% 23,090 $217K
Fiduciary Alliance LLC 0.02% No change 22,735 $214K
HighTower Advisors, LLC 0.00% Reduce -18.8% 22,476 $211K
Cherry Tree Wealth Management, LLC 0.05% Reduce -8.5% 21,500 $202K
Ritholtz Wealth Management 0.00% New 21,433 $201K
Optimum Investment Advisors 0.09% Reduce -8.6% 21,400 $201K
Profund Advisors LLC 0.01% Reduce -3.7% 20,420 $192K
Oppenheimer Asset Management Inc. 0.00% Reduce -26.1% 19,889 $187K
OneDigital Investment Advisors LLC 0.00% No change 19,850 $187K
Wells Fargo & Company 0.00% Add +57.4% 19,840 $186K
Investment Partners Asset Management, Inc. 0.13% Reduce -9.4% 19,347 $182K
United Advisor Group, LLC 0.03% No change 15,686 $147K
Fiduciary Trust Co 0.00% No change 15,410 $145K
Olympiad Research LP 0.23% Reduce -42.6% 14,957 $141K
Investment Management Corp of Ontario 0.00% Reduce -5.7% 14,818 $139K
Shell Asset Management Co. 0.00% Add +2.1% 14,800 $139K
HSBC Holdings PLC 0.00% Reduce -0.7% 14,316 $134K
Wolverine Trading, LLC 0.00% Reduce -54.8% 14,858 $134K
Y-Intercept (Hong Kong) Ltd 0.00% New 14,078 $132K
Integrated Advisors Network LLC 0.01% No change 13,100 $123K
JTC Employer Solutions Trustee Ltd 0.01% No change 12,998 $122K
Toronto Dominion Bank 0.00% Reduce -66.4% 12,687 $119K
Nations Financial Group Inc, /Ia/ 0.01% New 12,501 $118K
Burford Brothers, Inc. 0.05% New 12,449 $117K
Rathbones Group PLC 0.00% Reduce -10.8% 12,457 $117K
Northern Trust Corp. 0.00% No change 12,054 $113K
Prelude Capital Management, LLC 0.01% Reduce -42.6% 11,965 $112K
Ameriprise Financial Inc. 0.00% Reduce -5.7% 10,995 $103K
Keybank National Association 0.00% New 10,881 $102K
Greatmark Investment Partners, Inc. 0.01% No change 10,000 $94K
Evergreen Capital Management LLC 0.00% No change 10,000 $94K
Cantor Fitzgerald, L. P. 0.00% No change 10,000 $94K
Principal Securities, Inc. 0.00% No change 5,711 $54K
CoreCap Advisors, LLC 0.00% No change 5,541 $52K
Point72 (DIFC) Ltd 0.00% Add +137.6% 4,835 $45K
Banque Cantonale Vaudoise 0.00% New 4,474 $42K
Evelyn Partners Investment Management (Europe) Ltd 0.01% No change 4,200 $40K
Perritt Capital Management Inc 0.02% Add +375.0% 3,800 $36K
Hollencrest Capital Management 0.00% No change 3,630 $34K
Macquarie Group Ltd. 0.00% New 3,599 $34K
Huntington National Bank 0.00% No change 3,550 $33K
Farther Finance Advisors, LLC 0.00% Add +181.8% 3,100 $29K
Kiker Wealth Management, LLC 0.02% Reduce -57.9% 2,941 $28K
IFP Advisors, Inc 0.00% Add +2.6% 2,573 $24K
Manchester Capital Management LLC 0.00% No change 2,208 $21K
Trust Co. of Toledo NA 0.00% New 2,150 $20K
Arax Advisory Partners 0.00% Reduce -5.8% 2,000 $19K
Steward Partners Investment Advisory, LLC 0.00% Reduce -9.9% 1,946 $18K
Bank & Trust Co 0.01% No change 1,943 $18K
Wealth Preservation Advisors, LLC 0.01% Add +30.3% 1,913 $18K
TD Waterhouse Canada Inc. 0.00% No change 1,860 $17K
Elevation Point Wealth Partners, LLC 0.00% New 1,833 $17K
MAI Capital Management 0.00% No change 1,800 $17K
NewEdge Advisors, LLC 0.00% No change 1,736 $16K
Allworth Financial LP 0.00% Add +50.8% 1,508 $14K
Dunhill Financial, LLC 0.00% New 1,250 $12K
Graney & King, LLC 0.01% No change 1,000 $9K
AdvisorNet Financial, Inc 0.00% No change 1,000 $9K
Geneos Wealth Management Inc. 0.00% Add +100.0% 1,000 $9K
Caitong International Asset Management Co., Ltd 0.01% Reduce -58.5% 983 $9K
Tradewinds Capital Management, LLC 0.00% No change 900 $8K
Jones Financial Companies LLLP 0.00% Add +2.9% 874 $8K
Tidemark, LLC 0.00% No change 800 $8K
Tower Research Capital LLC (TRC) 0.00% Reduce -87.8% 747 $7K
Gen-Wealth Partners Inc 0.00% No change 700 $7K
Godsey & Gibb, Inc. 0.00% No change 650 $6K
Vermillion & White Wealth Management Group, LLC 0.00% No change 500 $5K
US Bancorp \de 0.00% No change 500 $5K
SWAN Capital LLC 0.00% No change 480 $5K
Horizon Bancorp Inc. 0.00% No change 478 $4K
Signaturefd, LLC 0.00% No change 412 $4K
Oakworth Capital, Inc. 0.00% No change 400 $4K
Physician Wealth Advisors, Inc. 0.00% No change 250 $2K
SBI Securities Co., Ltd. 0.00% Add +18.4% 232 $2K
EverSource Wealth Advisors, LLC 0.00% Add +13.0% 165 $2K
Headlands Technologies LLC 0.00% New 112 $1K
Larson Financial Group LLC 0.00% New 110 $1K
City State Bank 0.00% No change 100 $940
Northwestern Mutual Wealth Management Co. 0.00% Reduce -82.4% 80 $757
Brooklyn Investment Group 0.00% New 69 $649
Transce3nd, LLC 0.00% No change 47 $442
Assetmark, Inc. 0.00% New 30 $282
Creekmur Asset Management LLC 0.00% No change 2 $23
Rhumbline Advisers 0.00% No change 2 $18

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