Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Sandisk Corp (SNDK)

1K + Investors. Track Smart Money conviction in SNDK. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +452
Streak
3Q ▲
Buyers last Q
70%

Smart Money Signals — SNDK

Based on 1175 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added SNDK than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,175 hedge funds hold SNDK right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +192% more funds vs a year ago

fund count last 6Q
+773 new funds entered over the past year (+192% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 70% buying

854 buying360 selling
Last quarter: 854 funds were net buyers (519 opened a brand new position + 335 added to an existing one). Only 360 were sellers (293 trimmed + 67 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+237 vs last Q)

new funds entering per quarter
Funds opening a new SNDK position: 93 → 181 → 282 → 519. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 60% entered in last year

■ 21% conviction (2yr+) ■ 20% medium ■ 60% new
Only 243 funds (21%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +179% but shares only +7% — price-driven

Value
+178%
Shares
+7%
Last quarter: the total dollar value of institutional holdings rose +179%, but actual share count only changed +7%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

402 → 93 → 181 → 282 → 519 new funds/Q
New funds entering each quarter: 93 → 181 → 282 → 519. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 70% of holders entered in last year

■ 30% veterans ■ 0% 1-2yr ■ 70% new
Of 1,261 current holders: 889 (70%) entered in the past year, only 372 (30%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
63 of 1168 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in SNDK. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.5
out of 10
Moderate Exit Risk
Exit risk score 6.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SNDK

In 2026 Q1, 854 hedge funds were net buyers of SNDK (519 opened a new position, 335 added to an existing one), while 360 reduced or exited (293 trimmed, 67 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 51% of total institutional value in SNDK is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +452 funds (more new holders than closures). Total institutional holders: 1175.

Hedge Fund Ownership: SNDK

How many hedge funds hold SNDK — quarterly history vs. share price
Quarterly hedge fund ownership of SNDK vs. share price

Market Analysis: SNDK

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SNDK

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Sandisk Corp (SNDK) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SNDK has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 81d ago
SNDK
+243.9%
XLK
+44.0%

SNDK outperformed XLK by +199.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
SNDK
+55.2%
XLK
+8.6%

Since the filing became public, SNDK outperformed XLK by +46.6% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

89 top-rated funds 58 high-conviction
Consensus
8.5
/ 10
breadth
×
Elite
8.2
/ 10
conviction
Hedge Fund Positioning: SNDK
1K + Investors

Track Smart Money conviction in SNDK. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1167 723 61.41%
13F Shares 141M 131M 7.24%
Total Value $86.71B $31.11B 178.75%
New Positions 516 282 +234
Increased Positions 323 205 +118
Closed Positions 72 69 +3
Reduced Positions 272 179 +93
Total Calls 44 26 69.23%
Total Puts 49 28 75.0%
PUT/CALL Ratio 1.11 1.08 Neutral

Statistics: SNDK

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SNDK. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SNDK holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Panoramic Hills Capital Ltd 49.86% 220,000 $139.8M
2 Ma Investment Partnership, LP 30.55% 100,000 $63.5M
3 Oxbow Capital Management (HK) Ltd 29.79% 173,969 $110.5M
4 Valliance Asset Management Ltd 24.14% 46,330 $29.4M
5 Central Asset Investments & Management Holdings (HK) Ltd 23.47% 39,734 $25.2M
6 Amanah Holdings Trust 17.49% 250,000 $158.8M
7 AIGH Capital Management LLC 17.33% 200,000 $127.1M
8 Madison Avenue Partners, LP 17.10% 619,010 $393.3M
9 Anatole Investment Management Ltd 17.10% 192,755 $122.5M
10 E20 Capital Ltd 15.30% 178,608 $42.4M
11 Anther Capital Ltd 14.77% 889,568 $565.2M
12 Maytree Asset Management Ltd 13.73% 30,564 $19.4M
13 KCM Capital Inc 13.28% 130,000 $82.6M
14 Sassicaia Capital Advisers LLC 12.53% 17,500 $11.1M
15 Grand Alliance Asset Management Ltd 12.31% 32,000 $20.3M
16 WT Asset Management Ltd 11.03% 828,778 $526.6M
17 AI-Squared Management Ltd 9.77% 21,140 $13.4M
18 Capelight Capital Asset Management LP 8.53% 18,000 $11.4M
19 Trybe Capital Management LP 7.50% 68,612 $43.6M
20 Q Fund Management (Hong Kong) Ltd 6.89% 30,900 $7.3M
21 Shade Tree Advisors LLC 6.60% 14,500 $9.2M
22 Whale Rock Capital Management LLC 6.56% 799,587 $508.0M
23 Alamar Capital Management, LLC 6.47% 16,683 $10.6M
24 Discovery Capital Management, LLC / Ct 6.06% 183,700 $116.7M
25 Talos Eurisko Asset Management LP 5.69% 52,394 $33.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Sandisk Corp (SNDK)

What does the Smart Money Trend signal show for SNDK?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added SNDK than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SNDK?

More buyers than sellers — 70% buying: Last quarter: 854 funds were net buyers (519 opened a brand new position + 335 added to an existing one). Only 360 were sellers (293 trimmed + 67 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SNDK holders?

Elite ownership — 51% AUM from top-100 funds: 63 of 1168 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in SNDK. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SNDK?

Mostly new holders — 60% entered in last year: Only 243 funds (21%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Sandisk Corp (SNDK) following the 2026 Q1 hedge fund 13F filings?

As of today, SNDK has moved +55.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.6% for the XLK sector ETF — an outperformance of +46.6%. Since the quarter end (March 31, 2026), SNDK has gained +243.9% vs +44.0% for XLK. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →