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 |
|---|---|---|---|---|---|
| Cubist Systematic Strategies, LLC | 200,839 | $538.2K | 0.01% | +77,607+63.0% | Added |
| Resources Investment Advisors, LLC. | 209,079 | $560.3K | 0.01% | −2,205−1.0% | Reduced |
| Baader Bank INC | 252,542 | $673.0K | 0.06% | +78,892+45.4% | Added |
| Mackenzie Financial Corp | 251,884 | $675.0K | 0.00% | +251,884 | New |
| SkyView Investment Advisors, LLC | 295,781 | $793.0K | 0.10% | +7,480+2.6% | Added |
| Cable Car Capital LLC | 306,195 | $820.6K | 0.35% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 328,065 | $879.2K | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 330,675 | $886.2K | 0.00% | −24,290−6.8% | Reduced |
| State of Wyoming | 346,180 | $927.8K | 0.11% | −75,509−17.9% | Reduced |
| Winton Group Ltd | 354,508 | $950.1K | 0.04% | +343,472+3,112.3% | Added |
| Bank of America Corp | 369,369 | $989.9K | 0.00% | +20,931+6.0% | Added |
| Simplex Trading, LLC | 393,556 | $1.05M | 0.02% | +114,056+40.8% | Added |
| RBF Capital, LLC | 400,000 | $1.07M | 0.05% | −25,000−5.9% | Reduced |
| State Street Corp | 421,289 | $1.13M | 0.00% | +41,857+11.0% | Added |
| Man Group plc | 463,588 | $1.24M | 0.00% | +425,788+1,126.4% | Added |
| Millennium Management LLC | 525,291 | $1.41M | 0.00% | −1,888,267−78.2% | Reduced |
| Cambria Investment Management, L.P. | 525,606 | $1.41M | 0.09% | +155,236+41.9% | Added |
| Lazard Asset Management LLC | 794,599 | $2.13M | 0.00% | +794,599 | New |
| Ewing Morris & Co. Investment Partners Ltd. | 951,222 | $2.55M | 1.09% | +951,222 | New |
| Goldman Sachs Group Inc | 969,573 | $2.60M | 0.00% | +841,076+654.5% | Added |
| Jane Street Group, LLC | 1,534,318 | $4.11M | 0.00% | +1,326,425+638.0% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,646,000 | $4.41M | 0.01% | −274,586−14.3% | Reduced |
| JPMorgan Chase & Co | 1,880,182 | $5.04M | 0.00% | +1,880,182 | New |
| Citadel Advisors LLC | 2,180,854 | $5.84M | 0.00% | +2,180,854 | New |
| Royal Bank of Canada | 2,224,510 | $5.96M | 0.00% | −178,590−7.4% | Reduced |
| AdvisorShares Investments LLC | 3,292,492 | $8.82M | 1.44% | +2,208,160+203.6% | Added |
| Arrowstreet Capital, Limited Partnership | 4,622,786 | $12.3M | 0.01% | +4,057,790+718.2% | Added |
| Toroso Investments, LLC | 6,086,317 | $16.3M | 0.07% | −1,186,351−16.3% | Reduced |
| Cannell Capital LLC | 8,951,755 | $24.0M | 6.30% | 00.0% | Unchanged |
| Morgan Stanley | 12,346,138 | $33.1M | 0.00% | +8,579,914+227.8% | Added |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −328,262−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −96,453−100.0% | Sold out |
| Newman Dignan & Sheerar, Inc. | 0 | $0 | 0.00% | −64,420−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −45,416−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −43,676−100.0% | Sold out |
| Oxford Asset Management LLP | 0 | $0 | 0.00% | −36,083−100.0% | Sold out |
| Caliber Wealth Management, LLC | 0 | $0 | 0.00% | −16,204−100.0% | Sold out |
| StoneX Group Inc. | 0 | $0 | 0.00% | −13,620−100.0% | Sold out |
| 1832 Asset Management L.P. | 0 | $0 | 0.00% | −10,497−100.0% | Sold out |
| Caitong International Asset Management Co., Ltd | 0 | $0 | 0.00% | −4,936−100.0% | Sold out |
| Raymond James Financial Inc | 0 | $0 | 0.00% | −1,775−100.0% | Sold out |
| Mount Yale Investment Advisors, LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Kessler Investment Group, LLC | 0 | $0 | 0.00% | −268−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −247−100.0% | Sold out |
| Peoples Financial Services Corp. | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| Jones Financial Companies LLLP | 0 | $0 | 0.00% | −60−100.0% | Sold out |
| Pandora Wealth, Inc. | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Sunbelt Securities, Inc. | 0 | $0 | 0.00% | −13−100.0% | Sold out |
| BFSG, LLC | 0 | $0 | 0.00% | −18−100.0% | Sold out |
| Olistico Wealth, LLC | 0 | $0 | 0.00% | −12−100.0% | Sold out |
| Fifth Third Bancorp | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Parallel Advisors, LLC | 0 | $0 | 0.00% | −3−100.0% | Sold out |
| Iron Horse Wealth Management, LLC | – | – | – | – | Not filed |
| Moser Wealth Advisors, LLC | – | – | – | – | Not filed |
| Semmax Financial Advisors Inc. | – | – | – | – | Not filed |