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, Q3 2025
Institutional positions in SNDL Inc. as of Sep 30, 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
- 130
- +5 vs. Q2 2025
- Shares held
- 56.5M
- +14.6M (+34.7%) vs. Q2 2025
- Total value
- $151.4M
- +$100.6M (+198.3%) vs. Q2 2025
- New holders
- 27
- 29 more added
- Sold out
- 22
- 31 more reduced
3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: 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, Q3 2025
Shares, value and share of portfolio for each institution holding SNDL Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 12,346,138 | $33.1M | 0.00% | +8,579,914+227.8% | Added |
| Cannell Capital LLC | 8,951,755 | $24.0M | 6.30% | 00.0% | Unchanged |
| Toroso Investments, LLC | 6,086,317 | $16.3M | 0.07% | −1,186,351−16.3% | Reduced |
| Arrowstreet Capital, Limited Partnership | 4,622,786 | $12.3M | 0.01% | +4,057,790+718.2% | Added |
| AdvisorShares Investments LLC | 3,292,492 | $8.82M | 1.44% | +2,208,160+203.6% | Added |
| Royal Bank of Canada | 2,224,510 | $5.96M | 0.00% | −178,590−7.4% | Reduced |
| Citadel Advisors LLC | 2,180,854 | $5.84M | 0.00% | +2,180,854 | New |
| JPMorgan Chase & Co | 1,880,182 | $5.04M | 0.00% | +1,880,182 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 1,646,000 | $4.41M | 0.01% | −274,586−14.3% | Reduced |
| Jane Street Group, LLC | 1,534,318 | $4.11M | 0.00% | +1,326,425+638.0% | Added |
| Goldman Sachs Group Inc | 969,573 | $2.60M | 0.00% | +841,076+654.5% | Added |
| Ewing Morris & Co. Investment Partners Ltd. | 951,222 | $2.55M | 1.09% | +951,222 | New |
| Lazard Asset Management LLC | 794,599 | $2.13M | 0.00% | +794,599 | New |
| Cambria Investment Management, L.P. | 525,606 | $1.41M | 0.09% | +155,236+41.9% | Added |
| Millennium Management LLC | 525,291 | $1.41M | 0.00% | −1,888,267−78.2% | Reduced |
| Man Group plc | 463,588 | $1.24M | 0.00% | +425,788+1,126.4% | Added |
| State Street Corp | 421,289 | $1.13M | 0.00% | +41,857+11.0% | Added |
| RBF Capital, LLC | 400,000 | $1.07M | 0.05% | −25,000−5.9% | Reduced |
| Simplex Trading, LLC | 393,556 | $1.05M | 0.02% | +114,056+40.8% | Added |
| Bank of America Corp | 369,369 | $989.9K | 0.00% | +20,931+6.0% | Added |
| Winton Group Ltd | 354,508 | $950.1K | 0.04% | +343,472+3,112.3% | Added |
| State of Wyoming | 346,180 | $927.8K | 0.11% | −75,509−17.9% | Reduced |
| Qube Research & Technologies Ltd | 330,675 | $886.2K | 0.00% | −24,290−6.8% | Reduced |
| Dimensional Fund Advisors LP | 328,065 | $879.2K | 0.00% | 00.0% | Unchanged |
| Cable Car Capital LLC | 306,195 | $820.6K | 0.35% | 00.0% | Unchanged |
| SkyView Investment Advisors, LLC | 295,781 | $793.0K | 0.10% | +7,480+2.6% | Added |
| Mackenzie Financial Corp | 251,884 | $675.0K | 0.00% | +251,884 | New |
| Baader Bank INC | 252,542 | $673.0K | 0.06% | +78,892+45.4% | Added |
| Resources Investment Advisors, LLC. | 209,079 | $560.3K | 0.01% | −2,205−1.0% | Reduced |
| Cubist Systematic Strategies, LLC | 200,839 | $538.2K | 0.01% | +77,607+63.0% | Added |
| Invesco Ltd. | 194,304 | $520.7K | 0.00% | −198,485−50.5% | Reduced |
| Gsa Capital Partners LLP | 182,575 | $489.0K | 0.04% | −38,537−17.4% | Reduced |
| Engineers Gate Manager LP | 179,112 | $480.0K | 0.01% | +179,112 | New |
| Geode Capital Management, LLC | 164,900 | $441.9K | 0.00% | 00.0% | Unchanged |
| Connective Capital Management, LLC | 149,849 | $401.6K | 0.37% | +149,849 | New |
| Magnus Financial Group LLC | 148,246 | $397.3K | 0.03% | 00.0% | Unchanged |
| Centiva Capital, LP | 120,576 | $323.1K | 0.03% | +120,576 | New |
| Headlands Technologies LLC | 108,648 | $291.2K | 0.02% | +108,648 | New |
| R Squared Ltd | 105,005 | $281.4K | 0.12% | −35,676−25.4% | Reduced |
| Federation des caisses Desjardins du Quebec | 108,020 | $272.7K | 0.00% | +14,684+15.7% | Added |
| Leonteq Securities AG | 98,678 | $264.5K | 0.01% | −3,388−3.3% | Reduced |
| Algert Global LLC | 82,160 | $220.2K | 0.00% | +82,160 | New |
| Kingsview Wealth Management, LLC | 79,238 | $212.4K | 0.00% | +79,238 | New |
| Susquehanna International Group, LLP | 77,522 | $207.8K | 0.00% | −1,358,101−94.6% | Reduced |
| Two Sigma Securities, LLC | 76,981 | $206.3K | 0.03% | −16,299−17.5% | Reduced |
| Point72 Asset Management, L.P. | 76,093 | $203.9K | 0.00% | +76,093 | New |
| BlackRock, Inc. | 66,793 | $179.0K | 0.00% | −3,583−5.1% | Reduced |
| Virtu Financial LLC | 64,307 | $172.0K | 0.01% | +21,985+51.9% | Added |
| Susquehanna Portfolio Strategies, LLC | 59,894 | $160.5K | 0.00% | +59,894 | New |
| Susquehanna Advisors Group, Inc. | 59,018 | $158.2K | 0.00% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 57,610 | $154.4K | 0.00% | −54,779−48.7% | Reduced |
| UBS Group AG | 56,442 | $151.3K | 0.00% | +34,271+154.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 55,762 | $149.4K | 0.00% | +34,515+162.4% | Added |
| Two Sigma Advisers, LP | 52,700 | $141.2K | 0.00% | −5,500−9.5% | Reduced |
| Omers Administration Corp | 51,100 | $136.9K | 0.00% | +51,100 | New |
| Vontobel Holding Ltd. | 42,223 | $113.2K | 0.00% | +42,223 | New |
| CI Private Wealth, LLC | 41,114 | $110.2K | 0.00% | +11,000+36.5% | Added |
| LPL Financial LLC | 37,698 | $101.0K | 0.00% | +8,915+31.0% | Added |
| Commonwealth Equity Services, LLC | 36,421 | $98.0K | 0.00% | −6,238−14.6% | Reduced |
| SBI Securities Co., Ltd. | 35,213 | $94.4K | 0.00% | −1,433−3.9% | Reduced |
| Scotia Capital Inc. | 31,413 | $79.4K | 0.00% | +4,078+14.9% | Added |
| Citigroup Inc | 29,488 | $79.0K | 0.00% | +29,488 | New |
| CAPROCK Group, Inc. | 25,000 | $67.0K | 0.00% | +25,000 | New |
| Hilton Capital Management, LLC | 24,634 | $66.0K | 0.01% | 00.0% | Unchanged |
| Bayesian Capital Management, LP | 22,600 | $60.6K | 0.01% | +22,600 | New |
| XTX Topco Ltd | 21,230 | $56.9K | 0.00% | −48,984−69.8% | Reduced |
| Jeppson Wealth Management, LLC | 20,000 | $53.6K | 0.02% | 00.0% | Unchanged |
| EntryPoint Capital, LLC | 18,271 | $49.0K | 0.02% | +1,420+8.4% | Added |
| Bank of Montreal | 17,814 | $47.7K | 0.00% | +5,825+48.6% | Added |
| Northwestern Mutual Wealth Management Co | 17,671 | $47.4K | 0.00% | +654+3.8% | Added |
| Wolverine Trading, LLC | 15,996 | $43.8K | 0.00% | −1,833−10.3% | Reduced |
| Equitable Holdings, Inc. | 14,140 | $37.9K | 0.00% | −8,700−38.1% | Reduced |
| Mariner, LLC | 13,323 | $35.7K | 0.00% | +13,323 | New |
| PFG Investments, LLC | 13,000 | $34.8K | 0.00% | 00.0% | Unchanged |
| Revisor Wealth Management LLC | 11,909 | $33.5K | 0.01% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 12,441 | $33.3K | 0.00% | +11,484+1,200.0% | Added |
| CoreCap Advisors, LLC | 11,136 | $29.8K | 0.00% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 10,863 | $29.1K | 0.00% | −61−0.6% | Reduced |
| Hoey Investments, Inc | 10,040 | $26.9K | 0.00% | 00.0% | Unchanged |
| Traynor Capital Management, Inc. | 10,013 | $26.8K | 0.00% | +10,013 | New |
| Naples Global Advisors, LLC | 10,000 | $26.8K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 6,701 | $18.0K | 0.00% | +1,191+21.6% | Added |
| PFS Partners, LLC | 6,000 | $16.1K | 0.01% | 00.0% | Unchanged |
| MAI Capital Management | 5,374 | $14.4K | 0.00% | +5,374 | New |
| TD Waterhouse Canada Inc. | 4,674 | $11.9K | 0.00% | −88−1.8% | Reduced |
| HighMark Wealth Management LLC | 3,000 | $8.04K | 0.00% | 00.0% | Unchanged |
| Louisbourg Investments Inc. | 2,900 | $7.77K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 2,684 | $7.19K | 0.00% | −4,850,833−99.9% | Reduced |
| GWM Advisors LLC | 2,517 | $6.75K | 0.00% | +2,490+9,222.2% | Added |
| Horrell Capital Management, Inc. | 2,000 | $5.36K | 0.00% | +2,000 | New |
| LRI Investments, LLC | 1,900 | $5.09K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 1,050 | $2.81K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 1,000 | $2.68K | 0.00% | −1−0.1% | Reduced |
| SRS Capital Advisors, Inc. | 859 | $2.30K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 802 | $2.15K | 0.00% | −110−12.1% | Reduced |
| FNY Investment Advisers, LLC | 1,000 | $2.00K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 600 | $1.61K | 0.00% | −4,200−87.5% | Reduced |
| Security National Bank | 575 | $1.54K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 460 | $1.23K | 0.00% | +300+187.5% | Added |
| Larson Financial Group LLC | 400 | $1.07K | 0.00% | +400 | New |