Vault-13

SANDY SPRING BANCORP INC SASR

COM · Common Stock · CUSIP 800363103

183 institutional holders -9 vs Q1 2023
30,975,12031.0m shares reported held*
$702.7mreported value*
16 new 68 added 60 reduced 26 sold out net bought ≈ $9.3m (+402.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.69. Options: 2 managers hold calls ($154.2k notional), 2 hold puts ($49.9k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 202Q4 22: 198Q1 23: 192Q2 23: 183183Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022202
Q4 2022198
Q1 2023192
Q2 2023183

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 93 bought or addedQ4 22: 85 cut or sold outQ4 22Q1 23: 103 bought or addedQ1 23: 78 cut or sold outQ1 23Q2 23: 84 bought or addedQ2 23: 86 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229385
Q1 202310378
Q2 20238486

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $59.9kQ4 22 puts: $35.2kQ4 22P/C 0.59Q1 23 calls: $119.5kQ1 23 puts: $31.2kQ1 23P/C 0.26Q2 23 calls: $154.2kQ2 23 puts: $49.9kQ2 23P/C 0.32
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$59.9k$35.2k0.59
Q1 2023$119.5k$31.2k0.26
Q2 2023$154.2k$49.9k0.32

Biggest buyers

T. Rowe Price Investment Management, Inc. Added +881,813+881.8k
Invesco Ltd. Added +434,145+434.1k
MORGAN STANLEY Added +224,590+224.6k
CITADEL ADVISORS LLC Added +210,358+210.4k
FIRST TRUST ADVISORS LP Added +178,743+178.7k
BlackRock Inc. Added +120,358+120.4k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +102,070+102.1k
Empowered Funds, LLC New +76,679+76.7k
GRACE & WHITE INC /NY Added +54,500+54.5k
FRANKLIN RESOURCES INC New +53,314+53.3k

Biggest sellers

WESTWOOD HOLDINGS GROUP INC Reduced -637,207-637.2k
ALLIANCEBERNSTEIN L.P. Reduced -447,070-447.1k
DIMENSIONAL FUND ADVISORS LP Reduced -275,453-275.5k
PRINCIPAL FINANCIAL GROUP INC Sold out -236,087-236.1k
AMERIPRISE FINANCIAL INC Reduced -118,172-118.2k
STATE STREET CORP Reduced -117,612-117.6k
DEPRINCE RACE & ZOLLO INC Reduced -76,682-76.7k
TRILLIUM ASSET MANAGEMENT, LLC Sold out -65,474-65.5k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -62,976-63.0k
WMS Partners, LLC Sold out -48,239-48.2k

Biggest calls

CITADEL ADVISORS LLC Added $154.2k6.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $49.9k2.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-17 7.9% 3.6m 2025-04-17

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 4,032,9494.0m $91.5m $91.5m 0.00% Added +120.4k +120,358
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,616,3612.6m $59.3m $59.3m 0.00% Reduced -36.4k -36,437
3 T. Rowe Price Investment Management, Inc. 0.04% of their portfolio BALTIMORE, MD 2,539,0122.5m $57.6m $57.6m 0.04% Added +881.8k +881,813
4 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 2,360,4912.4m $53.5m $53.5m 0.02% Reduced -275.5k -275,453
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,427,0661.4m $32.4m $32.4m 0.00% Reduced -117.6k -117,612
6 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,367,1541.4m $31.0m $31.0m 0.01% Added +434.1k +434,145
7 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 1,191,0921.2m $27.0m $27.0m 0.03% Reduced -42.1k -42,150
8 WESTWOOD HOLDINGS GROUP INC 0.21% of their portfolio DALLAS, TX 1,028,2481.0m $23.3m $23.3m 0.21% Reduced -637.2k -637,207
9 DEPRINCE RACE & ZOLLO INC 0.52% of their portfolio Winter Park, FL 987,927987.9k $22.4m $22.4m 0.52% Reduced -76.7k -76,682
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 918,102918.1k $20.8m $20.8m 0.00% Added +34.1k +34,140
11 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 839,703839.7k $19.0m $19.0m 0.01% Added +35.6k +35,570
12 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.47% of their portfolio TEANECK, NJ 662,512662.5k $15.0m $15.0m 0.47% Added +5.7k +5,725
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 520,577520.6k $11.8m $11.8m 0.00% Added +2.0k +1,961
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 492,089492.1k $11.2m $11.2m 0.00% Added +40.8k +40,770
15 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 451,840451.8k $10.2m $10.2m 0.04% Added +102.1k +102,070
16 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 445,809445.8k $10.1m $10.1m 0.01% Added +33.3k +33,301
17 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 425,786425.8k $9.7m $9.7m 0.02% Added +40.1k +40,074
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 413,987414.0k $9.4m $9.4m 0.00% Added +224.6k +224,590
19 NORGES BANK 0.00% of their portfolio OSLO, Q8 383,442383.4k $8.7m $8.7m 0.00% Unchanged
20 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 380,722380.7k $8.6m $8.6m 0.01% Added +37.5k +37,511
21 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 352,979353.0k $8.0m $8.0m 0.01% Added +178.7k +178,743
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 346,311346.3k $7.9m $7.9m 0.00% Added +15.3k +15,339
23 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 327,958328.0k $7.4m $7.4m 0.00% Reduced -447.1k -447,070
24 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 325,374325.4k $7.4m $7.4m 0.02% Added +32.1k +32,099
25 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 305,635305.6k $6.9m $6.9m 0.01% Added +210.4k +210,358
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 287,842287.8k $6.5m $6.5m 0.00% Reduced -30.0k -30,040
27 CHARTWELL INVESTMENT PARTNERS, LLC 0.23% of their portfolio BERYWN, PA 281,072281.1k $6.4m $6.4m 0.23% Reduced -9.5k -9,542
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 226,836226.8k $5.1m $5.1m 0.00% Added +31.3k +31,290
29 GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio GREENWICH, CT 218,596218.6k $5.0m $5.0m 0.05% Added +41.0k +40,965
30 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio HOUSTON, TX 213,079213.1k $4.8m $4.8m 0.12% Reduced -37.7k -37,711
31 CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio BOSTON, MA 186,192186.2k $4.2m $4.2m 0.04% Added +1.8k +1,756
32 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 177,372177.4k $4.0m $4.0m 0.00% Reduced -8.6k -8,580
33 NFJ INVESTMENT GROUP, LLC 0.10% of their portfolio DALLAS, TX 172,613172.6k $3.9m $3.9m 0.10% Added +17.9k +17,887
34 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 163,326163.3k $3.7m $3.7m 0.04% Reduced -664 -664
35 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 153,615153.6k $3.5m $3.5m 0.01% Reduced -4.9k -4,900
36 Foundry Partners, LLC 0.19% of their portfolio MINNEAPOLIS, MN 139,237139.2k $3.2m $3.2m 0.19% Added +43.0k +43,017
37 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 117,253117.3k $2.7m $2.7m 0.00% Reduced -1.4k -1,356
38 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 114,414114.4k $2.6m $2.6m 0.01% Added +46.9k +46,898
39 Chevy Chase Trust Holdings, LLC 0.01% of their portfolio BETHESDA, MD 103,562103.6k $2.3m $2.3m 0.01% Unchanged
40 Swiss National Bank 0.00% of their portfolio ZURICH, V8 97,53597.5k $2.2m $2.2m 0.00% Added +1.2k +1,200
41 WEDGE CAPITAL MANAGEMENT L L P/NC 0.03% of their portfolio CHARLOTTE, NC 87,85787.9k $2.0m $2.0m 0.03% Reduced -5.6k -5,600
42 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 87,03987.0k $2.0m $2.0m 0.01% Reduced -63.0k -62,976
43 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 86,05186.1k $2.0m $2.0m 0.00% Added +18.9k +18,929
44 GRACE & WHITE INC /NY 0.35% of their portfolio NY, NY 82,74582.7k $1.9m $1.9m 0.35% Added +54.5k +54,500
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 81,62281.6k $1.9m $1.9m 0.00% Added +4.7k +4,721
46 DENALI ADVISORS LLC 0.65% of their portfolio SAN DIEGO, CA 81,50081.5k $1.8m $1.8m 0.65% Added +30.1k +30,100
47 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 79,78579.8k $1.8m $1.8m 0.00% Reduced -13.6k -13,622
48 Empowered Funds, LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 76,67976.7k $1.7m $1.7m 0.06% New
49 EA Series Trust 0.06% of their portfolio HAVERTOWN, PA 76,67976.7k $1.7m $1.7m 0.06% First filing
50 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 70,27170.3k $1.6m $1.6m 0.00% Reduced -1.8k -1,817
51 Forest Hill Capital, LLC 0.75% of their portfolio LITTLE ROCK, AR 70,11770.1k $1.6m $1.6m 0.75% Unchanged
52 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 66,83466.8k $1.5m $1.5m 0.00% Reduced -118.2k -118,172
53 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 64,62064.6k $1.5m $1.5m 0.01% Reduced -29.6k -29,630
54 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 63,72163.7k $1.4m $1.4m 0.00% Added +4.1k +4,085
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 60,01960.0k $1.4m $1.4m 0.00% Reduced -47.0k -47,034
56 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 59,03259.0k $1.3m $1.3m 0.00% Added +4.7k +4,719
57 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 57,86157.9k $1.3m $1.3m 0.01% Added +24.9k +24,883
58 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 56,86556.9k $1.3m $1.3m 0.00% Reduced -4.2k -4,150
59 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 56,43556.4k $1.3m $1.3m 0.00% Added +5.2k +5,168
60 Lafayette Investments, Inc. 0.32% of their portfolio ASHTON, MD 54,36754.4k $1.2m $1.2m 0.32% Reduced -23.8k -23,804
61 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 54,00054.0k $1.2m $1.2m 0.01% Added +7.0k +7,000
62 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 53,31453.3k $1.2m $1.2m 0.00% New
63 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 52,53452.5k $1.2m $1.2m 0.00% Reduced -2.9k -2,932
64 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 51,80851.8k $1.2m $1.2m 0.00% Added +43.5k +43,475
65 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 50,85750.9k $1.2m $1.2m 0.00% Reduced -595 -595
66 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 47,23547.2k $1.2m $1.2m 0.00% Unchanged
67 BONTEMPO OHLY CAPITAL MGMT LLC 0.48% of their portfolio BETHESDA, MD 43,52343.5k $987.1k $987.1k 0.48% Unchanged
68 FineMark National Bank & Trust 0.04% of their portfolio FORT MYERS, FL 43,15643.2k $978.8k $978.8k 0.04% Unchanged
69 Jackson Creek Investment Advisors LLC 0.37% of their portfolio CASTLE ROCK, CO 40,44140.4k $917.0k $917.0k 0.37% New
70 Legal & General Group Plc 0.00% of their portfolio London, X0 39,46739.5k $895.1k $895.1k 0.00% Unchanged
71 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 38,78838.8k $879.7k $879.7k 0.00% Reduced -9.4k -9,400
72 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 38,40038.4k $870.9k $870.9k 0.00% Added +4.9k +4,897
73 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 37,59537.6k $852.7k $852.7k 0.00% Added +674 +674
74 DARK FOREST CAPITAL MANAGEMENT LP 0.09% of their portfolio NEW YORK, NY 37,55037.5k $851.6k $851.6k 0.09% Added +34.4k +34,401
75 Rosenthal | Henry Capital Advisors, Inc. 1.05% of their portfolio MISHAWAKA, IN 36,90036.9k $836.9k $836.9k 1.05% Unchanged
76 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 36,43536.4k $826.3k $826.3k 0.00% Added +22.5k +22,521
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 36,37836.4k $825.0k $825.0k 0.00% Reduced -13.7k -13,722
78 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,92234.9k $792.0k $792.0k 0.00% Reduced -10.9k -10,852
79 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 34,68234.7k $788.0k $788.0k 0.00% Added +634 +634
80 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 34,08334.1k $773.0k $773.0k 0.02% New
81 Teton Advisors, Inc. 0.21% of their portfolio Rye, NY 33,50033.5k $759.8k $759.8k 0.21% Added +7.0k +7,000
82 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 32,74332.7k $742.6k $742.6k 0.00% Reduced -779 -779
83 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 31,78831.8k $721.0k $721.0k 0.01% Reduced -8.4k -8,450
84 Northwest Bancshares, Inc. 0.13% of their portfolio WARREN, PA 31,70431.7k $719.0k $719.0k 0.13% Unchanged
85 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 30,38030.4k $689.0k $689.0k 0.00% Added +18.7k +18,680
86 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 26,62926.6k $604.0k $604.0k 0.01% Added +938 +938
87 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 26,31226.3k $596.8k $596.8k 0.00% Reduced -1.3k -1,308
88 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 25,68225.7k $582.0k $582.0k 0.00% New
89 Capula Management Ltd 0.07% of their portfolio Grand Cayman, E9 25,04025.0k $567.9k $567.9k 0.07% Not comparable
90 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 24,22724.2k $549.5k $549.5k 0.00% Added +940 +940
91 UBS Group AG 0.00% of their portfolio ZURICH, V8 22,35422.4k $507.0k $507.0k 0.00% Reduced -8.0k -8,006
92 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 21,37621.4k $484.8k $484.8k 0.00% Reduced -32 -32
93 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 21,11921.1k $479.0k $479.0k 0.00% Added +29 +29
94 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,96821.0k $476.0k $476.0k 0.00% Reduced -48 -48
95 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 20,83220.8k $472.5k $472.5k 0.02% Reduced -1.6k -1,551
96 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio NEW YORK, NY 20,70720.7k $469.6k $469.6k 0.03% Unchanged
97 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio IRVING, TX 20,37820.4k $462.2k $462.2k 0.00% Reduced -2.0k -1,956
98 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 20,32620.3k $461.2k $461.2k 0.00% Reduced -23 -23
99 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 20,04120.0k $454.5k $454.5k 0.00% Added +4.3k +4,289
100 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 19,35519.4k $439.0k $439.0k 0.00% New