SNDLSNDL

13F holders, Q3 2025 (September 30)
130holders +2
26new positions
22sold out
3famous investors
$2.68avg. 13F price*

At the end of Q3 2025, 130 institutions reported holding SNDL Inc. (SNDL) in their 13F filings, up 2 from Q2 2025. 26 opened new positions and 22 sold out. The largest holders were Morgan Stanley ($33.1M), Cannell Capital LLC ($24.0M) and Tidal Investments LLC ($16.3M). 3 famous investors held it, including Ken Griffin (0.0% of Citadel Advisors's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Steve Cohen (0.0% of Point72 Asset Management's portfolio).

Company
SNDL Inc.
CUSIP
83307B101
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150 Q1 2024: 114Q1 2024Q2 2024: 123Q2 2024Q3 2024: 119Q3 2024Q4 2024: 130Q4 2024Q1 2025: 122Q1 2025Q2 2025: 128Q2 2025Q3 2025: 130Q3 2025Q4 2025: 122Q4 2025Q1 2026: 111Q1 2026Q2 2026: 108Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions26$19.0M
Exits22$802K

All 13F filers, Q2 2025 → Q3 2025: 25,522,947 shares bought and 10,972,860 shares sold, net +14,550,087 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 130 holders

Morgan Stanley 0.00% Add +227.8% 12,346,138 $33.1M
Cannell Capital LLC 6.30% No change 8,951,755 $24.0M
Tidal Investments LLC 0.07% Reduce -16.3% 6,086,317 $16.3M
Arrowstreet Capital, Limited Partnership 0.01% Add +718.2% 4,622,786 $12.3M
AdvisorShares Investments LLC 1.44% Add +203.6% 3,292,492 $8.8M
Royal Bank of Canada 0.00% Reduce -7.4% 2,224,510 $6.0M
Citadel Advisors 0.00% New 2,180,854 $5.8M
JPMorgan Chase & Co. 0.00% New 1,880,182 $5.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% Reduce -14.3% 1,646,000 $4.4M
Jane Street Group, LLC 0.00% Add +638.0% 1,534,318 $4.1M
Goldman Sachs Group Inc. 0.00% Add +654.5% 969,573 $2.6M
Ewing Morris & Co. Investment Partners Ltd. 1.09% New 951,222 $2.5M
Lazard Asset Management LLC 0.00% New 794,599 $2.1M
Cambria Investment Management, L.P. 0.09% Add +41.9% 525,606 $1.4M
Millennium Management 0.00% Reduce -78.2% 525,291 $1.4M
Man Group plc 0.00% Add +1126.4% 463,588 $1.2M
State Street Corp. 0.00% Add +11.0% 421,289 $1.1M
RBF Capital, LLC 0.05% Reduce -5.9% 400,000 $1.1M
Simplex Trading, LLC 0.02% Add +40.8% 393,556 $1.1M
Bank of America Corp. 0.00% Add +6.0% 369,369 $990K
WINTON GROUP Ltd 0.04% Add +3112.3% 354,508 $950K
State of Wyoming 0.11% Reduce -17.9% 346,180 $928K
Qube Research & Technologies Ltd 0.00% Reduce -6.8% 330,675 $886K
Dimensional Fund Advisors LP 0.00% No change 328,065 $879K
Cable Car Capital, LP 0.62% No change 306,195 $821K
SkyView Investment Advisors, LLC 0.10% Add +2.6% 295,781 $793K
Mackenzie Financial Corp. 0.00% New 251,884 $675K
Baader Bank Aktiengesellschaft 0.06% Add +45.4% 252,542 $673K
OneDigital Investment Advisors LLC 0.01% Reduce -1.0% 209,079 $560K
Cubist Systematic Strategies, LLC 0.01% Add +63.0% 200,839 $538K
Invesco Ltd. 0.00% Reduce -50.5% 194,304 $521K
Gsa Capital Partners LLP 0.04% Reduce -17.4% 182,575 $489K
Engineers Gate Manager LP 0.01% New 179,112 $480K
Geode Capital Management, LLC 0.00% No change 164,900 $442K
Connective Capital Management, LLC 0.37% New 149,849 $402K
Magnus Financial Group LLC 0.03% No change 148,246 $397K
Centiva Capital, LP 0.03% New 120,576 $323K
Headlands Technologies LLC 0.02% New 108,648 $291K
R Squared Ltd 0.12% Reduce -25.4% 105,005 $281K
Federation des caisses Desjardins du Quebec 0.00% Add +15.7% 108,020 $273K
Leonteq Securities AG 0.01% Reduce -3.3% 98,678 $264K
Algert Global LLC 0.00% New 82,160 $220K
Kingsview Wealth Management, LLC 0.00% New 79,238 $212K
Susquehanna International Group, LLP 0.00% Reduce -94.6% 77,522 $208K
Two Sigma Securities, LLC 0.03% Reduce -17.5% 76,981 $206K
Point72 Asset Management 0.00% New 76,093 $204K
BlackRock, Inc. 0.00% Reduce -5.1% 66,793 $179K
Virtu Financial LLC 0.01% Add +52.0% 64,307 $172K
Susquehanna Portfolio Strategies, LLC 0.00% New 59,894 $161K
Susquehanna Advisors Group, Inc. 0.01% No change 59,018 $158K
Squarepoint Ops LLC 0.00% Reduce -48.7% 57,610 $154K
UBS Group AG 0.00% Add +154.6% 56,442 $151K
Connor, Clark & Lunn Investment Management Ltd. 0.00% Add +162.4% 55,762 $149K
Two Sigma Advisers, LP 0.00% Reduce -9.4% 52,700 $141K
OMERS ADMINISTRATION Corp 0.00% New 51,100 $137K
Vontobel Holding Ltd. 0.00% New 42,223 $113K
Corient Private Wealth LP 0.00% Add +36.5% 41,114 $110K
LPL Financial LLC 0.00% Add +31.0% 37,698 $101K
Commonwealth Equity Services, LLC 0.00% Reduce -14.6% 36,421 $98K
SBI Securities Co., Ltd. 0.00% Reduce -3.9% 35,213 $94K
Scotia Capital Inc. 0.00% Add +14.9% 31,413 $79K
Citigroup Inc. 0.00% New 29,488 $79K
Caprock Group, LLC 0.00% — 25,000 $67K
Hilton Capital Management, LLC 0.01% No change 24,634 $66K
Bayesian Capital Management, LP 0.01% New 22,600 $61K
XTX Topco Ltd 0.00% Reduce -69.8% 21,230 $57K
Jeppson Wealth Management, LLC 0.02% No change 20,000 $54K
EntryPoint Capital, LLC 0.02% Add +8.4% 18,271 $49K
Bank of Montreal 0.00% Add +48.6% 17,814 $48K
Northwestern Mutual Wealth Management Co. 0.00% Add +3.8% 17,671 $47K
Wolverine Trading, LLC 0.00% Reduce -10.3% 15,996 $44K
Equitable Holdings, Inc. 0.00% Reduce -38.1% 14,140 $38K
Mariner, LLC 0.00% New 13,323 $36K
PFG Investments, LLC 0.00% No change 13,000 $35K
Revisor Wealth Management LLC 0.01% No change 11,909 $34K
Tower Research Capital LLC (TRC) 0.00% Add +1200.0% 12,441 $33K
CoreCap Advisors, LLC 0.00% No change 11,136 $30K
HighTower Advisors, LLC 0.00% Reduce -0.6% 10,863 $29K
Hoey Investments, Inc. 0.00% No change 10,040 $27K
Traynor Capital Management, Inc. 0.00% New 10,013 $27K
Naples Global Advisors, LLC 0.00% No change 10,000 $27K
Osaic Holdings, Inc. 0.00% Add +21.6% 6,701 $18K
PFS Partners, LLC 0.01% No change 6,000 $16K
MAI Capital Management 0.00% New 5,374 $14K
TD Waterhouse Canada Inc. 0.00% Reduce -1.9% 4,674 $12K
HighMark Wealth Management LLC 0.00% No change 3,000 $8K
Louisbourg Investments Inc. 0.00% No change 2,900 $8K
BNP Paribas Financial Markets 0.00% Reduce -99.9% 2,684 $7K
NewEdge Advisors, LLC 0.00% Add +9222.2% 2,517 $7K
Horrell Capital Management, Inc. 0.00% New 2,000 $5K
LRI Investments, LLC 0.00% No change 1,900 $5K
IFP Advisors, Inc 0.00% No change 1,050 $3K
Allworth Financial LP 0.00% Reduce -0.1% 1,000 $3K
Arax Advisory Partners 0.00% No change 859 $2K
Global Retirement Partners, LLC 0.00% Reduce -12.1% 802 $2K
FNY Investment Advisers, LLC 0.00% No change 1,000 $2K
Farther Finance Advisors, LLC 0.00% Reduce -87.5% 600 $2K
Security National Bank 0.00% No change 575 $2K
Harbour Investments, Inc. 0.00% Add +187.5% 460 $1K
Larson Financial Group LLC 0.00% New 400 $1K
Ravenstone Capital Management Inc. 0.00% No change 383 $1K
Cwm, LLC 0.00% Add +21.3% 194 $1K
CIBC Private Wealth Group LLC 0.00% No change 290 $777
Clean Yield Group 0.00% No change 222 $595
Hilltop National Bank 0.00% No change 200 $536
Advisory Services Network, LLC 0.00% New 200 $536
N.E.W. Advisory Services LLC 0.00% New 200 $536
Prestige Wealth Management Group LLC 0.00% Reduce -26.5% 183 $491
Assetmark, Inc. 0.00% New 135 $362
Aventura Private Wealth, LLC 0.00% No change 130 $348
Darwin Wealth Management, LLC 0.00% No change 100 $268
Pineridge Advisors LLC 0.00% No change 100 $268
Asset Dedication, LLC 0.00% No change 100 $268
National Bank of Canada 0.00% Reduce -98.8% 210 $263
Cape Investment Advisory, Inc. 0.00% No change 92 $247
Plante Moran Financial Advisors, LLC 0.00% No change 60 $161
Smallwood Wealth Investment Management, LLC 0.00% No change 50 $134
Wealthspire Advisors, LLC 0.00% New 50 $134
Friedenthal Financial 0.00% No change 30 $81
Private Trust Co. NA 0.00% No change 26 $70
Quaker Wealth Management, LLC 0.00% No change 20 $54
Versant Capital Management, Inc 0.00% No change 20 $54
Game Plan Financial Advisors, LLC 0.00% No change 20 $54
Addison Advisors LLC 0.00% No change 20 $54
Financial Perspectives, Inc 0.00% No change 16 $43
Abound Wealth Management 0.00% No change 15 $41
Sound Income Strategies, LLC 0.00% Reduce -98.6% 10 $28
Hollencrest Capital Management 0.00% No change 5 $13
Ancora Advisors LLC 0.00% No change 2 $5
Coston, McIsaac & Partners 0.00% No change 5 $0

"% of holder's portfolio" is SNDL's weight in each manager's 13F, not the share of SNDL Inc. the manager owns.