Sandstorm GoldSAND
13F holders, Q2 2025 (June 30)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
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 40 | $70.5M |
| Exits | 22 | $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.