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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 2026

Institutional positions in SNDL Inc. as of Mar 31, 2026. 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
111
−9 vs. Q4 2025
Shares held
54.0M
−2.71M (−4.8%) vs. Q4 2025
Total value
$71.3M
−$22.9M (−24.3%) vs. Q4 2025
New holders
13
35 more added
Sold out
22
25 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 111 institutions
Q1 2021: 142 institutionsQ2 2021: 170 institutionsQ3 2021: 150 institutionsQ4 2021: 159 institutionsQ1 2022: 160 institutionsQ2 2022: 160 institutionsQ3 2022: 90 institutionsQ4 2022: 99 institutionsQ1 2023: 107 institutionsQ2 2023: 100 institutionsQ3 2023: 100 institutionsQ4 2023: 109 institutionsQ1 2024: 114 institutionsQ2 2024: 123 institutionsQ3 2024: 119 institutionsQ4 2024: 130 institutionsQ1 2025: 122 institutionsQ2 2025: 128 institutionsQ3 2025: 130 institutionsQ4 2025: 122 institutionsQ1 2026: 111 institutionsQ2 2026: 108 institutions
Value heldQ1 2026: $71.3M
Q1 2021: $78.9MQ2 2021: $147.0MQ3 2021: $58.2MQ4 2021: $63.1MQ1 2022: $123.0MQ2 2022: $42.4MQ3 2022: $38.9MQ4 2022: $11.8MQ1 2023: $27.4MQ2 2023: $13.6MQ3 2023: $24.7MQ4 2023: $24.4MQ1 2024: $55.1MQ2 2024: $54.5MQ3 2024: $64.8MQ4 2024: $73.5MQ1 2025: $55.4MQ2 2025: $50.8MQ3 2025: $151.4MQ4 2025: $94.2MQ1 2026: $71.3MQ2 2026: $66.4M
Institutions holding SNDL and their total value by quarter
QuarterHoldersValue
Q2 2026108$66.4M
Q1 2026111$71.3M
Q4 2025122$94.2M
Q3 2025130$151.4M
Q2 2025128$50.8M
Q1 2025122$55.4M
Q4 2024130$73.5M
Q3 2024119$64.8M
Q2 2024123$54.5M
Q1 2024114$55.1M
Q4 2023109$24.4M
Q3 2023100$24.7M
Q2 2023100$13.6M
Q1 2023107$27.4M
Q4 202299$11.8M
Q3 202290$38.9M
Q2 2022160$42.4M
Q1 2022160$123.0M
Q4 2021159$63.1M
Q3 2021150$58.2M
Q2 2021170$147.0M
Q1 2021142$78.9M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding SNDL Inc.; share changes are against Q4 2025.

Institutions holding SNDL in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley11,411,121$15.1M0.00%−1,005,924−8.1%Reduced
Cannell Capital LLC8,761,155$11.6M7.51%00.0%Unchanged
Toroso Investments, LLC5,510,675$7.27M0.02%+336,777+6.5%Added
AdvisorShares Investments LLC3,509,861$4.63M0.84%−127,527−3.5%Reduced
Arrowstreet Capital, Limited Partnership2,996,423$3.98M0.00%−1,091,404−26.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.2,239,364$2.96M0.00%+326,978+17.1%Added
Citadel Advisors LLC1,878,112$2.48M0.00%−278,524−12.9%Reduced
Susquehanna International Group, LLP1,562,321$2.06M0.00%+321,953+26.0%Added
JPMorgan Chase & Co1,398,320$1.80M0.00%+113,545+8.8%Added
Ewing Morris & Co. Investment Partners Ltd.1,301,222$1.73M0.78%+250,000+23.8%Added
Goldman Sachs Group Inc1,182,075$1.56M0.00%−183,083−13.4%Reduced
Lazard Asset Management LLC1,050,278$1.39M0.00%+132,171+14.4%Added
Man Group plc828,494$1.09M0.00%+298,166+56.2%Added
Qube Research & Technologies Ltd800,519$1.06M0.00%+128,966+19.2%Added
State of Wyoming653,604$862.8K0.10%+219,454+50.5%Added
Renaissance Technologies LLC602,225$794.9K0.00%+602,225New
Winton Group Ltd498,433$657.9K0.02%+31,424+6.7%Added
State Street Corp453,119$598.1K0.00%+20,678+4.8%Added
UBS Group AG425,100$561.1K0.00%+280,859+194.7%Added
Simplex Trading, LLC397,934$525.3K0.02%+65,153+19.6%Added
Cambria Investment Management, L.P.352,842$465.8K0.03%−47,840−11.9%Reduced
Gsa Capital Partners LLP339,068$448.0K0.03%+178,748+111.5%Added
Dimensional Fund Advisors LP328,065$433.0K0.00%00.0%Unchanged
Jane Street Group, LLC323,474$427.0K0.00%−1,482,626−82.1%Reduced
BlackRock, Inc.320,755$423.4K0.00%+169,934+112.7%Added
SkyView Investment Advisors, LLC310,158$409.0K0.06%+12,330+4.1%Added
Cable Car Capital LLC306,195$404.2K0.14%00.0%Unchanged
Millennium Management LLC293,469$387.4K0.00%−862,692−74.6%Reduced
Group One Trading, L.P.269,927$356.3K0.01%+269,927New
XTX Topco Ltd260,597$344.0K0.01%+176,609+210.3%Added
Baader Bank INC250,718$330.5K0.03%+449+0.2%Added
RBF Capital, LLC250,000$330.0K0.02%00.0%Unchanged
Quadrature Capital Ltd246,815$325.8K0.00%+246,815New
HRT Financial LP231,812$305.0K0.00%−579,583−71.4%Reduced
Resources Investment Advisors, LLC.215,493$284.5K0.00%+7,965+3.8%Added
Magnus Financial Group LLC168,246$222.1K0.02%+20,000+13.5%Added
IMC-Chicago, LLC165,332$218.2K0.00%+16,115+10.8%Added
Geode Capital Management, LLC164,900$217.7K0.00%00.0%Unchanged
Bank of America Corp155,251$204.9K0.00%−183,792−54.2%Reduced
Engineers Gate Manager LP149,915$197.9K0.00%−2,584−1.7%Reduced
Algert Global LLC136,530$180.2K0.00%00.0%Unchanged
Headlands Technologies LLC107,649$142.1K0.02%−26,147−19.5%Reduced
Federation des caisses Desjardins du Quebec102,435$131.6K0.00%−115−0.1%Reduced
Leonteq Securities AG98,629$130.2K0.01%+9,557+10.7%Added
Point72 Asset Management, L.P.94,064$124.2K0.00%−94,385−50.1%Reduced
R Squared Ltd92,503$122.1K0.07%+18,181+24.5%Added
Virtu Financial LLC91,431$121.0K0.01%−269,829−74.7%Reduced
Susquehanna Advisors Group, Inc.59,018$77.9K0.00%00.0%Unchanged
Two Sigma Investments, LP53,700$70.9K0.00%+53,700New
SG Americas Securities, LLC50,667$67.0K0.00%+8,899+21.3%Added
CAPROCK Group, Inc.35,000$46.2K0.00%00.0%Unchanged
AlphaCore Capital LLC34,900$46.1K0.00%+34,900New
HSBC Holdings PLC34,214$45.3K0.00%+34,214New
Commonwealth Equity Services, LLC34,090$45.0K0.00%−1,256−3.6%Reduced
SBI Securities Co., Ltd.33,376$44.1K0.00%+332+1.0%Added
CI Private Wealth, LLC30,014$39.6K0.00%−100−0.3%Reduced
Two Sigma Securities, LLC29,598$39.1K0.00%−46,598−61.2%Reduced
Royal Bank of Canada26,762$36.0K0.00%+2,117+8.6%Added
Aquatic Capital Management LLC26,175$34.6K0.00%+26,175New
Scotia Capital Inc.22,193$28.6K0.00%−5,201−19.0%Reduced
Tower Research Capital LLC (TRC)21,391$28.2K0.00%+21,391New
Private Advisor Group, LLC20,969$27.7K0.00%+20,969New
Jeppson Wealth Management, LLC20,000$26.4K0.01%00.0%Unchanged
FSM Wealth Advisors, LLC20,000$26.4K0.00%00.0%Unchanged
PFG Investments, LLC20,000$26.4K0.00%00.0%Unchanged
EntryPoint Capital, LLC18,271$24.1K0.01%00.0%Unchanged
LPL Financial LLC14,819$19.6K0.00%−10,461−41.4%Reduced
Raymond James Financial Inc14,682$19.4K0.00%+156+1.1%Added
Oxford Asset Management LLP13,568$17.9K0.01%−75,181−84.7%Reduced
CWM, LLC12,248$16.2K0.00%+10,988+872.1%Added
CoreCap Advisors, LLC11,136$14.7K0.00%00.0%Unchanged
Revisor Wealth Management LLC10,630$14.0K0.00%00.0%Unchanged
Hoey Investments, Inc10,040$13.3K0.00%00.0%Unchanged
Naples Global Advisors, LLC10,000$13.2K0.00%00.0%Unchanged
PFS Partners, LLC9,000$11.9K0.01%00.0%Unchanged
Advisor Group Holdings, Inc.7,962$10.5K0.00%+141+1.8%Added
TD Waterhouse Canada Inc.7,269$9.38K0.00%+810+12.5%Added
Security National Bank6,445$8.51K0.00%00.0%Unchanged
National Bank of Canada4,400$5.64K0.00%+3,520+400.0%Added
HighMark Wealth Management LLC3,000$3.96K0.00%00.0%Unchanged
LRI Investments, LLC2,300$3.04K0.00%+400+21.1%Added
Farther Finance Advisors, LLC2,245$2.99K0.00%+1,645+274.2%Added
Caitong International Asset Management Co., Ltd2,246$2.96K0.00%−2,972−57.0%Reduced
IFP Advisors, Inc1,180$1.56K0.00%00.0%Unchanged
Allworth Financial LP1,000$1.32K0.00%00.0%Unchanged
FNY Investment Advisers, LLC1,000$1.00K0.00%00.0%Unchanged
Ravenstone Capital Management Inc.383$5110.00%00.0%Unchanged
Clean Yield Group222$2930.00%00.0%Unchanged
Advisory Services Network, LLC163$2150.00%+163New
Rockefeller Capital Management L.P.150$1980.00%+150New
SRS Capital Advisors, Inc.83$1720.00%−906−91.6%Reduced
Aventura Private Wealth, LLC130$1720.00%00.0%Unchanged
Asset Dedication, LLC100$1320.00%00.0%Unchanged
Darwin Advisors, LLC100$1320.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co90$1180.00%+30+50.0%Added
Quaker Wealth Management, LLC71$940.00%+51+255.0%Added
Merkkuri Wealth Advisors LLC70$920.00%+70New
Robinswood Financial LLC65$850.00%00.0%Unchanged
Harbour Investments, Inc.50$660.00%−150−75.0%Reduced
Smallwood Wealth Investment Management, LLC50$660.00%00.0%Unchanged