SNDL Inc.
SNDL- Exchange
- Nasdaq
- Industry
- Medicinal Chemicals & Botanical Products
- SEC CIK
- 0001766600
No open-market purchases or sales by SNDL Inc. insiders were filed in the last 90 days; 108 institutions reported holding it in 13F filings for Q2 2026, worth $66.4M in total; no superinvestor holds it.
13F holders, Q1 2025
Institutional positions in SNDL Inc. as of Mar 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
- 122
- −6 vs. Q4 2024
- Shares held
- 39.3M
- −1.77M (−4.3%) vs. Q4 2024
- Total value
- $55.4M
- −$18.1M (−24.6%) vs. Q4 2024
- New holders
- 17
- 28 more added
- Sold out
- 23
- 30 more reduced
2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting SNDL 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 108 | $66.4M |
| Q1 2026 | 111 | $71.3M |
| Q4 2025 | 122 | $94.2M |
| Q3 2025 | 130 | $151.4M |
| Q2 2025 | 128 | $50.8M |
| Q1 2025 | 122 | $55.4M |
| Q4 2024 | 130 | $73.5M |
| Q3 2024 | 119 | $64.8M |
| Q2 2024 | 123 | $54.5M |
| Q1 2024 | 114 | $55.1M |
| Q4 2023 | 109 | $24.4M |
| Q3 2023 | 100 | $24.7M |
| Q2 2023 | 100 | $13.6M |
| Q1 2023 | 107 | $27.4M |
| Q4 2022 | 99 | $11.8M |
| Q3 2022 | 90 | $38.9M |
| Q2 2022 | 160 | $42.4M |
| Q1 2022 | 160 | $123.0M |
| Q4 2021 | 159 | $63.1M |
| Q3 2021 | 150 | $58.2M |
| Q2 2021 | 170 | $147.0M |
| Q1 2021 | 142 | $78.9M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding SNDL Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Cannell Capital LLC | 8,994,424 | $12.7M | 4.28% | −1,181,881−11.6% | Reduced |
| Toroso Investments, LLC | 7,094,046 | $10.0M | 0.08% | +735,281+11.6% | Added |
| BNP Paribas Arbitrage, SA | 4,515,239 | $6.37M | 0.00% | +404,951+9.9% | Added |
| Morgan Stanley | 3,188,099 | $4.50M | 0.00% | +733,813+29.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,971,511 | $2.78M | 0.01% | −123,694−5.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,720,984 | $2.43M | 0.00% | +472,062+37.8% | Added |
| Susquehanna International Group, LLP | 1,390,688 | $1.96M | 0.00% | +67,882+5.1% | Added |
| AdvisorShares Investments LLC | 1,165,992 | $1.68M | 0.33% | 00.0% | Unchanged |
| Citadel Advisors LLC | 1,087,674 | $1.53M | 0.00% | −5,373−0.5% | Reduced |
| State of Wyoming | 650,510 | $917.2K | 0.12% | +82,326+14.5% | Added |
| Invesco Ltd. | 617,296 | $870.4K | 0.00% | −189,516−23.5% | Reduced |
| Millennium Management LLC | 515,823 | $727.3K | 0.00% | +324,908+170.2% | Added |
| RBF Capital, LLC | 425,000 | $599.3K | 0.04% | +175,000+70.0% | Added |
| Goldman Sachs Group Inc | 424,317 | $598.3K | 0.00% | +62,004+17.1% | Added |
| State Street Corp | 374,675 | $528.3K | 0.00% | +18,684+5.2% | Added |
| Bank of America Corp | 358,681 | $505.7K | 0.00% | +94,575+35.8% | Added |
| Group One Trading, L.P. | 357,585 | $504.2K | 0.02% | −340,694−48.8% | Reduced |
| Dimensional Fund Advisors LP | 339,754 | $479.1K | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 325,975 | $459.0K | 0.02% | −110,938−25.4% | Reduced |
| Cambria Investment Management, L.P. | 323,414 | $456.0K | 0.03% | −88,038−21.4% | Reduced |
| Cable Car Capital LLC | 306,195 | $431.7K | 0.49% | 00.0% | Unchanged |
| SkyView Investment Advisors, LLC | 275,834 | $389.0K | 0.06% | +18,232+7.1% | Added |
| Resources Investment Advisors, LLC. | 210,688 | $297.1K | 0.00% | +7,558+3.7% | Added |
| Qube Research & Technologies Ltd | 199,111 | $280.7K | 0.00% | −7,162−3.5% | Reduced |
| Graham Capital Management, L.P. | 178,514 | $251.7K | 0.01% | +39,687+28.6% | Added |
| Baader Bank INC | 174,244 | $245.4K | 0.02% | +894+0.5% | Added |
| Geode Capital Management, LLC | 164,227 | $231.6K | 0.00% | +164,227 | New |
| Mackenzie Financial Corp | 162,793 | $229.5K | 0.00% | +143,312+735.7% | Added |
| Magnus Financial Group LLC | 120,246 | $169.5K | 0.02% | −4,000−3.2% | Reduced |
| Two Sigma Investments, LP | 119,950 | $169.1K | 0.00% | −167,866−58.3% | Reduced |
| Leonteq Securities AG | 99,175 | $139.8K | 0.01% | +11,555+13.2% | Added |
| Jane Street Group, LLC | 95,223 | $134.3K | 0.00% | −238,229−71.4% | Reduced |
| Squarepoint Ops LLC | 94,667 | $133.5K | 0.00% | −74,852−44.2% | Reduced |
| Cubist Systematic Strategies, LLC | 92,026 | $129.8K | 0.00% | +92,026 | New |
| Virtu Financial LLC | 82,916 | $117.0K | 0.01% | −21,670−20.7% | Reduced |
| LPL Financial LLC | 66,661 | $94.0K | 0.00% | +355+0.5% | Added |
| BlackRock, Inc. | 64,803 | $91.4K | 0.00% | −750−1.1% | Reduced |
| Newman Dignan & Sheerar, Inc. | 64,420 | $90.8K | 0.02% | 00.0% | Unchanged |
| Susquehanna Advisors Group, Inc. | 59,018 | $83.2K | 0.01% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 42,737 | $60.0K | 0.00% | −600−1.4% | Reduced |
| Two Sigma Securities, LLC | 42,411 | $59.8K | 0.01% | −15,344−26.6% | Reduced |
| Federation des caisses Desjardins du Quebec | 39,795 | $56.1K | 0.00% | −970−2.4% | Reduced |
| CI Private Wealth, LLC | 39,314 | $55.4K | 0.00% | 00.0% | Unchanged |
| Man Group plc | 37,800 | $53.3K | 0.00% | 00.0% | Unchanged |
| National Bank of Canada | 37,231 | $52.5K | 0.00% | +18,864+102.7% | Added |
| SBI Securities Co., Ltd. | 36,576 | $51.6K | 0.00% | −1,778−4.6% | Reduced |
| R Squared Ltd | 35,520 | $50.1K | 0.05% | +31,200+722.2% | Added |
| Two Sigma Advisers, LP | 35,500 | $50.1K | 0.00% | +9,400+36.0% | Added |
| UBS Group AG | 35,465 | $50.0K | 0.00% | −60,294−63.0% | Reduced |
| Royal Bank of Canada | 32,094 | $45.0K | 0.00% | +4,098+14.6% | Added |
| Scotia Capital Inc. | 29,307 | $41.3K | 0.00% | −3,057−9.4% | Reduced |
| Prelude Capital Management, LLC | 23,865 | $33.6K | 0.00% | −1,053,625−97.8% | Reduced |
| Keebeck Alpha, LP | 23,865 | $33.6K | 0.04% | 00.0% | Unchanged |
| Equitable Holdings, Inc. | 22,843 | $32.2K | 0.00% | −202−0.9% | Reduced |
| Quantbot Technologies LP | 21,667 | $30.6K | 0.00% | +19,299+815.0% | Added |
| Wolverine Trading, LLC | 21,005 | $30.5K | 0.00% | +21,005 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 21,247 | $30.0K | 0.00% | +21,247 | New |
| Jeppson Wealth Management, LLC | 20,000 | $28.2K | 0.01% | 00.0% | Unchanged |
| Gotham Asset Management, LLC | 19,194 | $27.1K | 0.00% | −4,511−19.0% | Reduced |
| EntryPoint Capital, LLC | 17,500 | $24.7K | 0.01% | −636−3.5% | Reduced |
| Caliber Wealth Management, LLC | 16,204 | $22.8K | 0.00% | +16,204 | New |
| Kestra Private Wealth Services, LLC | 14,694 | $20.7K | 0.00% | +14,694 | New |
| PFG Investments, LLC | 13,000 | $18.3K | 0.00% | +13,000 | New |
| Bank of Montreal | 11,576 | $16.3K | 0.00% | −995−7.9% | Reduced |
| CoreCap Advisors, LLC | 11,136 | $15.7K | 0.00% | 00.0% | Unchanged |
| 1832 Asset Management L.P. | 10,497 | $14.8K | 0.00% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 10,374 | $14.6K | 0.00% | +10,374 | New |
| Traynor Capital Management, Inc. | 10,108 | $14.3K | 0.00% | −18−0.2% | Reduced |
| Naples Global Advisors, LLC | 10,000 | $14.1K | 0.00% | 00.0% | Unchanged |
| CAPROCK Group, Inc. | 10,000 | $14.1K | 0.00% | 00.0% | Unchanged |
| Optiver Holding B.V. | 7,502 | $10.6K | 0.00% | +5,929+376.9% | Added |
| PFS Partners, LLC | 6,000 | $8.46K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 4,800 | $6.91K | 0.00% | +4,800 | New |
| Hoey Investments, Inc | 4,040 | $5.70K | 0.00% | +415+11.4% | Added |
| Advisor Group Holdings, Inc. | 3,450 | $4.86K | 0.00% | +1,175+51.6% | Added |
| Louisbourg Investments Inc. | 2,900 | $4.09K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 2,174 | $3.06K | 0.00% | −40,630−94.9% | Reduced |
| Caitong International Asset Management Co., Ltd | 1,947 | $2.75K | 0.00% | +1,947 | New |
| TD Waterhouse Canada Inc. | 1,252 | $1.78K | 0.00% | −1,845−59.6% | Reduced |
| SRS Capital Advisors, Inc. | 859 | $1.21K | 0.00% | +859 | New |
| Sound Income Strategies, LLC | 710 | $1.00K | 0.00% | +10+1.4% | Added |
| Security National Bank | 575 | $811 | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 457 | $644 | 0.00% | −3,510−88.5% | Reduced |
| Ravenstone Capital Management Inc. | 383 | $540 | 0.00% | 00.0% | Unchanged |
| Kessler Investment Group, LLC | 268 | $378 | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 290 | $368 | 0.00% | 00.0% | Unchanged |
| Prestige Wealth Management Group LLC | 249 | $352 | 0.00% | 00.0% | Unchanged |
| Clean Yield Group | 222 | $313 | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 160 | $226 | 0.00% | 00.0% | Unchanged |
| Clear Street Markets LLC | 158 | $223 | 0.00% | +158 | New |
| JFS Wealth Advisors, LLC | 152 | $215 | 0.00% | 00.0% | Unchanged |
| Aventura Private Wealth, LLC | 130 | $183 | 0.00% | 00.0% | Unchanged |
| Darwin Advisors, LLC | 100 | $179 | 0.00% | 00.0% | Unchanged |
| Raelipskie Partnership | 111 | $157 | 0.00% | 00.0% | Unchanged |
| Asset Dedication, LLC | 100 | $141 | 0.00% | 00.0% | Unchanged |
| Pineridge Advisors LLC | 100 | $141 | 0.00% | 00.0% | Unchanged |
| Coldstream Capital Management Inc | 100 | $141 | 0.00% | +100 | New |
| Peoples Financial Services Corp. | 100 | $140 | 0.00% | 00.0% | Unchanged |
| Newbridge Financial Services Group, Inc. | 96 | $135 | 0.00% | 00.0% | Unchanged |
| Cape Investment Advisory, Inc. | 92 | $130 | 0.00% | 00.0% | Unchanged |