SAND β€” SANDSTORM GOLD LTD

Ownership history in Cannell & Spears LLC  Β·  7 quarters on record

AI Ownership Summary

Cannell & Spears LLC reported SANDSTORM GOLD LTD (SAND) in 7 quarterly 13F filings from 2024 Q1 through 2025 Q3. Peak portfolio weight reached 0.24% in 2025 Q3. The latest visible filing shows SAND at 0.24% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this SAND ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Cannell & Spears LLC's position in SANDSTORM GOLD LTD, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

SAND was reported at 0.24% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.24% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Cannell & Spears LLC held SAND β€” position size vs. price
% of Fund (quarterly)
πŸ“‹ Quarterly Holdings History 7 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED 1,020,996 -44 -0.0% 0.24% $12.8M 2025-11-14 β€”
2025 Q2 REDUCED 1,021,040 -865 -0.1% 0.19% $9.6M 2025-08-14 β€”
2025 Q1 ADDED 1,021,905 +12,800 +1.3% 0.17% $7.7M 2025-05-14 β€”
2024 Q4 UNCHANGED 1,009,105 β€” 0% 0.12% $5.6M 2025-02-12 β€”
2024 Q3 UNCHANGED 1,009,105 β€” 0% 0.12% $6.1M 2024-11-12 β€”
2024 Q2 REDUCED 1,009,105 -8,925 -0.9% 0.11% $5.5M 2024-08-12 β€”
2024 Q1 INITIATED 1,018,030 β€” β€” 0.11% $5.3M 2024-05-10 β€”

🏒 Other funds also holding SAND

As of 2025 Q4 β€” sorted by position size

Nebula Research & Development LLC 0.09% Quent Capital, LLC 3Y 0.01% IFP Advisors, Inc 3Y 7Y 0.0%

FAQ About Cannell & Spears LLC and SAND

These are the practical questions this page is built to answer before you even open the full history table.

How long has Cannell & Spears LLC reported owning SAND?

Cannell & Spears LLC reported SAND across 7 quarterly 13F filings, from 2024 Q1 through 2025 Q3.

What was the largest reported SAND position in Cannell & Spears LLC's portfolio?

The largest reported portfolio weight for SAND was 0.24% in 2025 Q3.

What is the latest reported SAND position on this page?

The most recent filing on this page is 2025 Q3, when Cannell & Spears LLC reported 1,020,996 shares, equal to 0.24% of portfolio, with an estimated market value of $12.8M.

What does the chart on this SAND ownership page compare?

The chart compares Cannell & Spears LLC's quarterly SAND portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

← Back to Cannell & Spears LLC Holdings