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Smart Sand, Inc.

SND
Exchange
Nasdaq
Industry
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
SEC CIK
0001529628

In the last 90 days, Smart Sand, Inc. insiders filed 0 open-market purchases and 5 sales; 91 institutions reported holding it in 13F filings for Q2 2026, worth $97.7M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Smart Sand, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
64
+19 vs. Q3 2025
Shares held
14.0M
+2.36M (+20.2%) vs. Q3 2025
Total value
$56.0M
+$31.1M (+124.8%) vs. Q3 2025
New holders
24
22 more added
Sold out
5
13 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SND on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 64 institutions
Q1 2021: 52 institutionsQ2 2021: 53 institutionsQ3 2021: 49 institutionsQ4 2021: 47 institutionsQ1 2022: 53 institutionsQ2 2022: 60 institutionsQ3 2022: 50 institutionsQ4 2022: 51 institutionsQ1 2023: 49 institutionsQ2 2023: 44 institutionsQ3 2023: 48 institutionsQ4 2023: 51 institutionsQ1 2024: 46 institutionsQ2 2024: 44 institutionsQ3 2024: 42 institutionsQ4 2024: 51 institutionsQ1 2025: 59 institutionsQ2 2025: 53 institutionsQ3 2025: 45 institutionsQ4 2025: 64 institutionsQ1 2026: 84 institutionsQ2 2026: 91 institutions
Value heldQ4 2025: $56.0M
Q1 2021: $47.7MQ2 2021: $59.5MQ3 2021: $43.1MQ4 2021: $31.5MQ1 2022: $61.4MQ2 2022: $34.2MQ3 2022: $21.2MQ4 2022: $20.9MQ1 2023: $13.1MQ2 2023: $10.7MQ3 2023: $17.4MQ4 2023: $16.3MQ1 2024: $16.6MQ2 2024: $19.9MQ3 2024: $18.2MQ4 2024: $22.5MQ1 2025: $28.0MQ2 2025: $22.2MQ3 2025: $24.9MQ4 2025: $56.0MQ1 2026: $88.5MQ2 2026: $97.7M
Institutions holding SND and their total value by quarter
QuarterHoldersValue
Q2 202691$97.7M
Q1 202684$88.5M
Q4 202564$56.0M
Q3 202545$24.9M
Q2 202553$22.2M
Q1 202559$28.0M
Q4 202451$22.5M
Q3 202442$18.2M
Q2 202444$19.9M
Q1 202446$16.6M
Q4 202351$16.3M
Q3 202348$17.4M
Q2 202344$10.7M
Q1 202349$13.1M
Q4 202251$20.9M
Q3 202250$21.2M
Q2 202260$34.2M
Q1 202253$61.4M
Q4 202147$31.5M
Q3 202149$43.1M
Q2 202153$59.5M
Q1 202152$47.7M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Smart Sand, Inc.; share changes are against Q3 2025.

Institutions holding SND in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Gendell Jeffrey L3,126,915$12.5M0.22%+430,507+16.0%Added
Vanguard Group Inc1,355,094$5.42M0.00%−35,618−2.6%Reduced
Acadian Asset Management LLC870,866$3.48M0.01%−8,841−1.0%Reduced
Sprott Inc.750,000$3.00M0.11%00.0%Unchanged
Dimensional Fund Advisors LP635,986$2.54M0.00%+17,278+2.8%Added
Bridgeway Capital Management, LLC610,034$2.44M0.05%+20,213+3.4%Added
Arrowstreet Capital, Limited Partnership500,806$2.00M0.00%+116,390+30.3%Added
JB Capital Partners LP460,000$1.84M0.32%00.0%Unchanged
CastleKnight Management LP448,673$1.79M0.10%−475,500−51.5%Reduced
Geode Capital Management, LLC434,634$1.74M0.00%−9,614−2.2%Reduced
BlackRock, Inc.431,459$1.73M0.00%−44,091−9.3%Reduced
Jane Street Group, LLC408,762$1.64M0.00%+408,762New
Marshall Wace, LLP384,872$1.54M0.00%+384,872New
O'Shaughnessy Asset Management, LLC309,952$1.24M0.01%+153,238+97.8%Added
EAM Investors, LLC240,141$960.6K0.11%+240,141New
First Eagle Investment Management, LLC225,476$901.9K0.00%−61,007−21.3%Reduced
Truffle Hound Capital, LLC220,000$880.0K0.52%+220,000New
Empowered Funds, LLC216,416$865.7K0.01%+20,213+10.3%Added
Ritholtz Wealth Management207,723$830.9K0.02%+126,848+156.8%Added
SEI Investments Co186,334$745.3K0.00%+145,439+355.6%Added
Goldman Sachs Group Inc175,053$700.2K0.00%+148,346+555.5%Added
State Street Corp161,597$646.4K0.00%+10,200+6.7%Added
Bank of America Corp133,203$532.8K0.00%+132,968+56,582.1%Added
Citadel Advisors LLC132,540$530.2K0.00%+49,929+60.4%Added
Verdad Advisers, LP100,989$404.0K0.46%+100,989New
Gsa Capital Partners LLP100,451$402.0K0.03%−15,186−13.1%Reduced
Stifel Financial Corp85,949$343.8K0.00%−122,346−58.7%Reduced
Walleye Capital LLC81,193$324.8K0.00%+81,193New
Renaissance Technologies LLC80,800$323.2K0.00%−149,700−64.9%Reduced
CWA Asset Management Group, LLC77,238$309.0K0.01%+77,238New
Susquehanna International Group, LLP74,479$297.9K0.00%+60,881+447.7%Added
Northern Trust Corp74,028$296.1K0.00%+1,225+1.7%Added
Point72 Asset Management, L.P.47,501$190.0K0.00%+47,501New
Connor, Clark & Lunn Investment Management Ltd.46,849$187.4K0.00%+46,849New
Algert Global LLC45,535$182.1K0.00%+45,535New
Hudson Bay Capital Management LP43,304$173.2K0.00%+43,304New
Prelude Capital Management, LLC39,307$157.2K0.01%+27,200+224.7%Added
Qube Research & Technologies Ltd36,719$146.9K0.00%+36,719New
Omers Administration Corp36,500$146.0K0.00%+36,500New
UBS Group AG33,790$135.2K0.00%+29,778+742.2%Added
Millennium Management LLC33,702$134.8K0.00%+33,702New
Quartz Partners, LLC28,769$115.1K0.04%−537−1.8%Reduced
American Century Companies Inc28,150$112.6K0.00%+28,150New
Main Street Financial Solutions, LLC28,120$112.5K0.01%−134,380−82.7%Reduced
Morgan Stanley27,980$111.9K0.00%+6,258+28.8%Added
Centiva Capital, LP24,389$97.6K0.01%+24,389New
XTX Topco Ltd23,409$93.6K0.00%+23,409New
Kathmere Capital Management, LLC19,321$77.3K0.01%+19,321New
Advisor Group Holdings, Inc.19,294$77.2K0.00%+18,991+6,267.7%Added
Occudo Quantitative Strategies LP17,755$71.0K0.00%+17,755New
Charles Schwab Investment Management Inc17,439$69.8K0.00%00.0%Unchanged
Prudential Financial Inc14,900$59.6K0.00%+1,000+7.2%Added
LPL Financial LLC14,900$59.6K0.00%+4,000+36.7%Added
Balyasny Asset Management LLC14,678$58.7K0.00%+14,678New
Squarepoint Ops LLC14,282$57.1K0.00%+14,282New
Two Sigma Securities, LLC10,675$42.7K0.01%−997−8.5%Reduced
Citigroup Inc8,347$33.4K0.00%+8,347New
Group One Trading, L.P.6,319$25.3K0.00%+6,319New
State of Wyoming5,957$23.8K0.00%+5,957New
GWM Advisors LLC2,639$10.6K0.00%+140+5.6%Added
JPMorgan Chase & Co2,074$8.30K0.00%+2,049+8,196.0%Added
FMR LLC1,448$5.79K0.00%−148−9.3%Reduced
Jones Financial Companies LLLP800$3.20K0.00%00.0%Unchanged
SBI Securities Co., Ltd.6$240.00%00.0%Unchanged
Man Group plc0$00.00%−68,695−100.0%Sold out
Highline Wealth Partners LLC0$00.00%−5,000−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−1,149−100.0%Sold out
Barclays PLC0$00.00%−37−100.0%Sold out
Royal Bank of Canada0$00.00%−54−100.0%Sold out