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, Q4 2025
Institutional positions in SNDL 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
- 122
- −5 vs. Q3 2025
- Shares held
- 56.7M
- +423.4K (+0.8%) vs. Q3 2025
- Total value
- $94.2M
- −$56.7M (−37.6%) vs. Q3 2025
- New holders
- 19
- 36 more added
- Sold out
- 24
- 28 more reduced
3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding SNDL Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 12,417,045 | $20.6M | 0.00% | +70,907+0.6% | Added |
| Cannell Capital LLC | 8,761,155 | $14.5M | 9.28% | −190,600−2.1% | Reduced |
| Toroso Investments, LLC | 5,173,898 | $8.59M | 0.04% | −912,419−15.0% | Reduced |
| Arrowstreet Capital, Limited Partnership | 4,087,827 | $6.77M | 0.00% | −534,959−11.6% | Reduced |
| AdvisorShares Investments LLC | 3,637,388 | $6.04M | 1.01% | +344,896+10.5% | Added |
| Citadel Advisors LLC | 2,156,636 | $3.58M | 0.00% | −24,218−1.1% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,912,386 | $3.17M | 0.00% | +266,386+16.2% | Added |
| Jane Street Group, LLC | 1,806,100 | $3.00M | 0.00% | +271,782+17.7% | Added |
| Goldman Sachs Group Inc | 1,365,158 | $2.27M | 0.00% | +395,585+40.8% | Added |
| JPMorgan Chase & Co | 1,284,775 | $2.13M | 0.00% | −595,407−31.7% | Reduced |
| Susquehanna International Group, LLP | 1,240,368 | $2.06M | 0.00% | +1,162,846+1,500.0% | Added |
| Millennium Management LLC | 1,156,161 | $1.92M | 0.00% | +630,870+120.1% | Added |
| Ewing Morris & Co. Investment Partners Ltd. | 1,051,222 | $1.75M | 0.77% | +100,000+10.5% | Added |
| Lazard Asset Management LLC | 918,107 | $1.52M | 0.00% | +123,508+15.5% | Added |
| HRT Financial LP | 811,395 | $1.35M | 0.00% | +811,395 | New |
| Qube Research & Technologies Ltd | 671,553 | $1.11M | 0.00% | +340,878+103.1% | Added |
| Man Group plc | 530,328 | $880.3K | 0.00% | +66,740+14.4% | Added |
| Winton Group Ltd | 467,009 | $775.2K | 0.03% | +112,501+31.7% | Added |
| State of Wyoming | 434,150 | $720.7K | 0.08% | +87,970+25.4% | Added |
| State Street Corp | 432,441 | $717.9K | 0.00% | +11,152+2.6% | Added |
| Cambria Investment Management, L.P. | 400,682 | $665.1K | 0.04% | −124,924−23.8% | Reduced |
| Virtu Financial LLC | 361,260 | $600.0K | 0.02% | +296,953+461.8% | Added |
| Bank of America Corp | 339,043 | $562.8K | 0.00% | −30,326−8.2% | Reduced |
| Mackenzie Financial Corp | 336,271 | $553.8K | 0.00% | +84,387+33.5% | Added |
| Simplex Trading, LLC | 332,781 | $552.4K | 0.02% | −60,775−15.4% | Reduced |
| Dimensional Fund Advisors LP | 328,065 | $544.6K | 0.00% | 00.0% | Unchanged |
| Cable Car Capital LLC | 306,195 | $508.3K | 0.03% | 00.0% | Unchanged |
| SkyView Investment Advisors, LLC | 297,828 | $494.0K | 0.06% | +2,047+0.7% | Added |
| Baader Bank INC | 250,269 | $415.2K | 0.03% | −2,273−0.9% | Reduced |
| RBF Capital, LLC | 250,000 | $415.0K | 0.02% | −150,000−37.5% | Reduced |
| Resources Investment Advisors, LLC. | 207,528 | $344.5K | 0.00% | −1,551−0.7% | Reduced |
| Point72 Asset Management, L.P. | 188,449 | $312.8K | 0.00% | +112,356+147.7% | Added |
| Geode Capital Management, LLC | 164,900 | $273.7K | 0.00% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 160,320 | $266.0K | 0.02% | −22,255−12.2% | Reduced |
| Engineers Gate Manager LP | 152,499 | $253.1K | 0.00% | −26,613−14.9% | Reduced |
| BlackRock, Inc. | 150,821 | $250.4K | 0.00% | +84,028+125.8% | Added |
| IMC-Chicago, LLC | 149,217 | $247.7K | 0.00% | +149,217 | New |
| Magnus Financial Group LLC | 148,246 | $246.1K | 0.02% | 00.0% | Unchanged |
| UBS Group AG | 144,241 | $239.4K | 0.00% | +87,799+155.6% | Added |
| Algert Global LLC | 136,530 | $226.6K | 0.00% | +54,370+66.2% | Added |
| Headlands Technologies LLC | 133,796 | $222.1K | 0.02% | +25,148+23.1% | Added |
| Graham Capital Management, L.P. | 133,694 | $221.9K | 0.01% | +133,694 | New |
| Federation des caisses Desjardins du Quebec | 102,550 | $169.7K | 0.00% | −5,470−5.1% | Reduced |
| Leonteq Securities AG | 89,072 | $147.9K | 0.01% | −9,606−9.7% | Reduced |
| Oxford Asset Management LLP | 88,749 | $147.3K | 0.05% | +88,749 | New |
| Brevan Howard Capital Management LP | 88,071 | $146.2K | 0.00% | +88,071 | New |
| XTX Topco Ltd | 83,988 | $139.4K | 0.00% | +62,758+295.6% | Added |
| Squarepoint Ops LLC | 82,323 | $136.7K | 0.00% | +24,713+42.9% | Added |
| Two Sigma Securities, LLC | 76,196 | $126.5K | 0.02% | −785−1.0% | Reduced |
| R Squared Ltd | 74,322 | $123.4K | 0.06% | −30,683−29.2% | Reduced |
| Susquehanna Advisors Group, Inc. | 59,018 | $98.0K | 0.00% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 53,400 | $88.6K | 0.00% | +700+1.3% | Added |
| Vontobel Holding Ltd. | 42,223 | $70.1K | 0.00% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 41,768 | $69.0K | 0.00% | +41,768 | New |
| Commonwealth Equity Services, LLC | 35,346 | $58.7K | 0.00% | −1,075−3.0% | Reduced |
| CAPROCK Group, Inc. | 35,000 | $58.1K | 0.00% | +10,000+40.0% | Added |
| SBI Securities Co., Ltd. | 33,044 | $54.9K | 0.00% | −2,169−6.2% | Reduced |
| CI Private Wealth, LLC | 30,114 | $50.0K | 0.00% | −11,000−26.8% | Reduced |
| Scotia Capital Inc. | 27,394 | $45.3K | 0.00% | −4,019−12.8% | Reduced |
| Citigroup Inc | 25,563 | $42.4K | 0.00% | −3,925−13.3% | Reduced |
| LPL Financial LLC | 25,280 | $42.0K | 0.00% | −12,418−32.9% | Reduced |
| Royal Bank of Canada | 24,645 | $41.0K | 0.00% | −2,199,865−98.9% | Reduced |
| Hilton Capital Management, LLC | 24,634 | $40.9K | 0.00% | 00.0% | Unchanged |
| Jeppson Wealth Management, LLC | 20,000 | $33.2K | 0.01% | 00.0% | Unchanged |
| PFG Investments, LLC | 20,000 | $33.2K | 0.00% | +7,000+53.8% | Added |
| FSM Wealth Advisors, LLC | 20,000 | $33.2K | 0.00% | +20,000 | New |
| EntryPoint Capital, LLC | 18,271 | $30.3K | 0.01% | 00.0% | Unchanged |
| Raymond James Financial Inc | 14,526 | $24.1K | 0.00% | +14,526 | New |
| StoneX Group Inc. | 13,376 | $22.2K | 0.00% | +13,376 | New |
| CoreCap Advisors, LLC | 11,136 | $18.5K | 0.00% | 00.0% | Unchanged |
| Revisor Wealth Management LLC | 10,630 | $17.3K | 0.00% | −1,279−10.7% | Reduced |
| Hoey Investments, Inc | 10,040 | $16.7K | 0.00% | 00.0% | Unchanged |
| Naples Global Advisors, LLC | 10,000 | $16.6K | 0.00% | 00.0% | Unchanged |
| PFS Partners, LLC | 9,000 | $14.9K | 0.01% | +3,000+50.0% | Added |
| Advisor Group Holdings, Inc. | 7,821 | $13.0K | 0.00% | +1,120+16.7% | Added |
| Security National Bank | 6,445 | $10.7K | 0.00% | +5,870+1,020.9% | Added |
| TD Waterhouse Canada Inc. | 6,459 | $10.7K | 0.00% | +1,785+38.2% | Added |
| Caitong International Asset Management Co., Ltd | 5,218 | $8.66K | 0.00% | +5,218 | New |
| GWM Advisors LLC | 3,263 | $5.42K | 0.00% | +746+29.6% | Added |
| HighMark Wealth Management LLC | 3,000 | $4.98K | 0.00% | 00.0% | Unchanged |
| Louisbourg Investments Inc. | 2,900 | $4.81K | 0.00% | 00.0% | Unchanged |
| Quantbot Technologies LP | 2,544 | $4.22K | 0.00% | +2,544 | New |
| LRI Investments, LLC | 1,900 | $3.15K | 0.00% | 00.0% | Unchanged |
| DV Trading LLC | 1,400 | $2.32K | 0.00% | +1,400 | New |
| CWM, LLC | 1,260 | $2.00K | 0.00% | +1,066+549.5% | Added |
| IFP Advisors, Inc | 1,180 | $1.96K | 0.00% | +130+12.4% | Added |
| Allworth Financial LP | 1,000 | $1.66K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 989 | $1.64K | 0.00% | +130+15.1% | Added |
| National Bank of Canada | 880 | $1.40K | 0.00% | +670+319.0% | Added |
| Global Retirement Partners, LLC | 802 | $1.33K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 1,000 | $1.00K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 600 | $996 | 0.00% | 00.0% | Unchanged |
| Ravenstone Capital Management Inc. | 383 | $630 | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 290 | $481 | 0.00% | 00.0% | Unchanged |
| Clean Yield Group | 222 | $369 | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 200 | $332 | 0.00% | −260−56.5% | Reduced |
| Prestige Wealth Management Group LLC | 183 | $304 | 0.00% | 00.0% | Unchanged |
| Aventura Private Wealth, LLC | 130 | $216 | 0.00% | 00.0% | Unchanged |
| Asset Dedication, LLC | 100 | $166 | 0.00% | 00.0% | Unchanged |
| Darwin Advisors, LLC | 100 | $166 | 0.00% | 00.0% | Unchanged |