Vault-13

SANDY SPRING BANCORP INC SASR

COM · Common Stock · CUSIP 800363103

202 institutional holders -14 vs Q1 2024
31,879,85731.9m shares reported held*
$776.7mreported value*
25 new 78 added 60 reduced 40 sold out net bought ≈ $30.7m (+1.3m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.36. Options: 2 managers hold calls ($43.8k notional), 3 hold puts ($1.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 202Q4 22: 198Q1 23: 192Q2 23: 183Q3 23: 192Q4 23: 201Q1 24: 216Q2 24: 202202Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022202
Q4 2022198
Q1 2023192
Q2 2023183
Q3 2023192
Q4 2023201
Q1 2024216
Q2 2024202

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 outQ2 23: 84 bought or addedQ2 23: 86 cut or sold outQ2 23Q3 23: 91 bought or addedQ3 23: 74 cut or sold outQ4 23: 92 bought or addedQ4 23: 81 cut or sold outQ4 23Q1 24: 109 bought or addedQ1 24: 80 cut or sold outQ2 24: 103 bought or addedQ2 24: 100 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229385
Q1 202310378
Q2 20238486
Q3 20239174
Q4 20239281
Q1 202410980
Q2 2024103100

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 23 calls: $154.3kQ3 23 puts: $34.3kQ3 23P/C 0.22Q4 23 calls: $0Q4 23 puts: $572.0kQ4 23P/C —Q1 24 calls: $23.2kQ1 24 puts: $683.8kQ1 24P/C 29.50Q2 24 calls: $43.8kQ2 24 puts: $1.0mQ2 24P/C 23.39
Numbers
QuarterCallsPutsP/C
Q3 2023$154.3k$34.3k0.22
Q4 2023$0$572.0k—
Q1 2024$23.2k$683.8k29.50
Q2 2024$43.8k$1.0m23.39

Biggest buyers

VICTORY CAPITAL MANAGEMENT INC Added +641,402+641.4k
FRANKLIN RESOURCES INC Added +635,510+635.5k
North Reef Capital Management LP Added +550,000+550.0k
WELLINGTON MANAGEMENT GROUP LLP Added +364,809+364.8k
Balyasny Asset Management L.P. New +208,450+208.4k
Elizabeth Park Capital Advisors, Ltd. New +196,138+196.1k
GOLDMAN SACHS GROUP INC Added +161,993+162.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +159,959+160.0k
GREAT LAKES ADVISORS, LLC Added +156,377+156.4k
FIRST TRUST ADVISORS LP Added +142,015+142.0k

Biggest sellers

T. Rowe Price Investment Management, Inc. Sold out -660,533-660.5k
MORGAN STANLEY Reduced -587,192-587.2k
MILLENNIUM MANAGEMENT LLC Reduced -233,563-233.6k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -189,896-189.9k
Cubist Systematic Strategies, LLC Sold out -172,532-172.5k
DENALI ADVISORS LLC Sold out -133,544-133.5k
HRT FINANCIAL LP Reduced -128,391-128.4k
PMC FIG Opportunities LLC Sold out -111,862-111.9k
Empowered Funds, LLC Reduced -91,661-91.7k
NORGES BANK Reduced -83,082-83.1k

Biggest calls

CITADEL ADVISORS LLC Added $43.8k1.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

MKP Capital Management, L.L.C. New $1.0m41.5k shares
CITADEL ADVISORS LLC Added $14.6k600 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 4,536,8924.5m $110.5m $110.5m 0.00% Added +102.3k +102,347
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,696,1912.7m $65.7m $65.7m 0.00% Added +29.1k +29,089
3 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 2,470,6212.5m $60.2m $60.2m 0.02% Added +108.7k +108,703
4 North Reef Capital Management LP 2.37% of their portfolio LAGUNA BEACH, CA 2,100,0002.1m $51.2m $51.2m 2.37% Added +550.0k +550,000
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,471,3771.5m $35.8m $35.8m 0.00% Added +100.8k +100,803
6 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 1,239,7141.2m $30.2m $30.2m 0.03% Reduced -36.5k -36,517
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,037,3481.0m $25.3m $25.3m 0.00% Added +40.5k +40,531
8 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.67% of their portfolio TEANECK, NJ 904,434904.4k $22.0m $22.0m 0.67% Added +97.3k +97,262
9 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 775,252775.3k $18.9m $18.9m 0.01% Added +121.0k +120,996
10 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 732,344732.3k $17.8m $17.8m 0.01% Reduced -13.2k -13,197
11 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 697,901697.9k $17.0m $17.0m 0.00% Added +364.8k +364,809
12 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 694,867694.9k $16.9m $16.9m 0.02% Added +641.4k +641,402
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 668,807668.8k $16.3m $16.3m 0.00% Added +35.3k +35,256
14 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 655,907655.9k $16.0m $16.0m 0.00% Added +635.5k +635,510
15 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio Los Angeles, CA 571,750571.8k $13.9m $13.9m 0.05% Added +48.6k +48,620
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 550,624550.6k $13.4m $13.4m 0.00% Reduced -587.2k -587,192
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 515,011515.0k $12.5m $12.5m 0.00% Added +8.0k +8,020
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 508,913508.9k $12.4m $12.4m 0.00% Added +162.0k +161,993
19 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 473,241473.2k $11.5m $11.5m 0.02% Added +25.5k +25,546
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 384,726384.7k $9.4m $9.4m 0.00% Added +5.3k +5,324
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 379,181379.2k $9.2m $9.2m 0.00% Added +7.0k +6,962
22 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 294,984295.0k $7.2m $7.2m 0.02% Reduced -54.1k -54,052
23 Foundry Partners, LLC 0.37% of their portfolio MINNEAPOLIS, MN 282,026282.0k $6.9m $6.9m 0.37% Added +14.2k +14,197
24 GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio GREENWICH, CT 253,790253.8k $6.2m $6.2m 0.07% Added +18.9k +18,930
25 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 242,303242.3k $5.9m $5.9m 0.02% Added +160.0k +159,959
26 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 240,894240.9k $5.9m $5.9m 0.01% Added +57.2k +57,204
27 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 219,102219.1k $5.3m $5.3m 0.01% Reduced -13.2k -13,156
28 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 208,450208.4k $5.1m $5.1m 0.01% New
29 NORGES BANK 0.00% of their portfolio OSLO, Q8 196,912196.9k $4.8m $4.8m 0.00% Reduced -83.1k -83,082
30 Elizabeth Park Capital Advisors, Ltd. 4.14% of their portfolio PEPPER PIKE, OH 196,138196.1k $4.8m $4.8m 4.14% New
31 GREAT LAKES ADVISORS, LLC 0.04% of their portfolio CHICAGO, IL 192,533192.5k $4.7m $4.7m 0.04% Added +156.4k +156,377
32 CHARTWELL INVESTMENT PARTNERS, LLC 0.16% of their portfolio BERYWN, PA 181,833181.8k $4.4m $4.4m 0.16% Reduced -31.9k -31,904
33 CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio BOSTON, MA 180,367180.4k $4.4m $4.4m 0.03% Added +6.6k +6,585
34 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.10% of their portfolio HOUSTON, TX 179,231179.2k $4.4m $4.4m 0.10% Reduced -16.4k -16,390
35 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 177,388177.4k $4.3m $4.3m 0.01% Added +28.5k +28,500
36 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 172,187172.2k $4.2m $4.2m 0.00% Added +142.0k +142,015
37 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 166,085166.1k $4.0m $4.0m 0.00% Added +45.0k +45,039
38 EJF Capital LP 2.85% of their portfolio Arlington, VA 157,760157.8k $3.8m $3.8m 2.85% Added +78.5k +78,501
39 WEDGE CAPITAL MANAGEMENT L L P/NC 0.06% of their portfolio CHARLOTTE, NC 148,921148.9k $3.6m $3.6m 0.06% Added +60.9k +60,850
40 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 148,280148.3k $3.6m $3.6m 0.02% Reduced -665 -665
41 NFJ INVESTMENT GROUP, LLC 0.11% of their portfolio DALLAS, TX 145,019145.0k $3.5m $3.5m 0.11% Reduced -9.0k -9,036
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 137,665137.7k $3.4m $3.4m 0.00% Reduced -2.6k -2,626
43 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 135,615135.6k $3.3m $3.3m 0.01% Reduced -8.8k -8,800
44 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 124,990125.0k $3.0m $3.0m 0.05% Added +45.4k +45,355
45 Chevy Chase Trust Holdings, LLC 0.01% of their portfolio BETHESDA, MD 107,195107.2k $2.6m $2.6m 0.01% Added +3.6k +3,633
46 Empowered Funds, LLC 0.05% of their portfolio NEWTOWN SQUARE, PA 106,781106.8k $2.6m $2.6m 0.05% Reduced -91.7k -91,661
47 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 99,10099.1k $2.4m $2.4m 0.00% Added +41.0k +41,031
48 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 97,83697.8k $2.4m $2.4m 0.00% Added +24.8k +24,802
49 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 96,51496.5k $2.4m $2.4m 0.00% Added +300 +300
50 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 96,10296.1k $2.3m $2.3m 0.01% Added +42.9k +42,938
51 Swiss National Bank 0.00% of their portfolio ZURICH, V8 88,33588.3k $2.2m $2.2m 0.00% Unchanged
52 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 87,98188.0k $2.1m $2.1m 0.01% Reduced -42.1k -42,122
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 87,57687.6k $2.1m $2.1m 0.00% Reduced -26.0k -26,035
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 81,86181.9k $2.0m $2.0m 0.00% Added +7.2k +7,195
55 GRACE & WHITE INC /NY 0.37% of their portfolio NY, NY 81,84581.8k $2.0m $2.0m 0.37% Unchanged
56 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 74,90674.9k $1.8m $1.8m 0.00% Added +2.3k +2,325
57 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 71,72871.7k $1.7m $1.7m 0.00% Reduced -14.6k -14,558
58 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 67,72767.7k $1.6m $1.6m 0.00% Added +20.0k +20,002
59 Forest Hill Capital, LLC 1.31% of their portfolio LITTLE ROCK, AR 65,06365.1k $1.6m $1.6m 1.31% Unchanged
60 ALGERT GLOBAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 64,41964.4k $1.6m $1.6m 0.05% Added +50.7k +50,659
61 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 63,57463.6k $1.5m $1.5m 0.00% Added +42.3k +42,290
62 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 59,18459.2k $1.4m $1.4m 0.00% Added +2.7k +2,701
63 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 57,50757.5k $1.4m $1.4m 0.00% Reduced -59.8k -59,776
64 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 57,01357.0k $1.4m $1.4m 0.00% Reduced -6.8k -6,754
65 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 55,50055.5k $1.4m $1.4m 0.01% Added +1.5k +1,500
66 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 52,61052.6k $1.3m $1.3m 0.00% Added +1.0k +1,016
67 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 51,64951.6k $1.3m $1.3m 0.00% Reduced -64.9k -64,918
68 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 49,13449.1k $1.2m $1.2m 0.00% Reduced -38 -38
69 FineMark National Bank & Trust 0.04% of their portfolio FORT MYERS, FL 48,15648.2k $1.2m $1.2m 0.04% Added +5.0k +5,000
70 COMERICA BANK 0.00% of their portfolio DALLAS, TX 47,41947.4k $1.2m $1.2m 0.00% Added +9.1k +9,091
71 UBS Group AG 0.00% of their portfolio ZURICH, V8 45,99746.0k $1.1m $1.1m 0.00% Reduced -22.5k -22,538
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 45,26545.3k $1.1m $1.1m 0.00% Added +4.0k +3,968
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 43,78443.8k $1.1m $1.1m 0.00% Reduced -1.0k -1,018
74 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 43,71343.7k $1.1m $1.1m 0.00% Added +1.1k +1,104
75 BONTEMPO OHLY CAPITAL MGMT LLC 0.53% of their portfolio BETHESDA, MD 43,52343.5k $1.1m $1.1m 0.53% Unchanged
76 Lafayette Investments, Inc. 0.24% of their portfolio ASHTON, MD 43,50343.5k $1.1m $1.1m 0.24% Reduced -1.3k -1,282
77 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 41,36541.4k $1.0m $1.0m 0.00% Added +3.5k +3,482
78 Legal & General Group Plc 0.00% of their portfolio London, X0 41,18741.2k $1.0m $1.0m 0.00% Added +201 +201
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 40,86740.9k $995.5k $995.5k 0.00% Added +6.0k +6,011
80 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 40,76640.8k $993.1k $993.1k 0.02% Reduced -30.6k -30,623
81 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 35,14735.1k $856.2k $856.2k 0.00% Reduced -469 -469
82 Northwest Bancshares, Inc. 0.13% of their portfolio WARREN, PA 31,70431.7k $772.3k $772.3k 0.13% Unchanged
83 Teton Advisors, Inc. 0.32% of their portfolio Rye, NY 31,30031.3k $762.5k $762.5k 0.32% Unchanged
84 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 27,60027.6k $672.3k $672.3k 0.00% Reduced -1.0k -1,000
85 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 27,53127.5k $670.7k $670.7k 0.01% New
86 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 26,87226.9k $654.6k $654.6k 0.01% Reduced -281 -281
87 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 25,45625.5k $620.1k $620.1k 0.00% Added +723 +723
88 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 25,37725.4k $618.2k $618.2k 0.00% New
89 FIDELIS CAPITAL PARTNERS, LLC 0.10% of their portfolio TAMPA, FL 25,24225.2k $698.4k $698.4k 0.10% Reduced -392 -392
90 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 24,80724.8k $604.3k $604.3k 0.00% Added +3.1k +3,099
91 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 23,63923.6k $575.8k $575.8k 0.00% First filing
92 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 23,43823.4k $571.0k $571.0k 0.00% Added +1.8k +1,774
93 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 22,77822.8k $554.9k $554.9k 0.00% First filing
94 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 21,59121.6k $526.0k $526.0k 0.00% Reduced -2.5k -2,544
95 Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio Parsippany, NJ 21,05021.1k $512.8k $512.8k 0.03% Added +5.6k +5,600
96 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 21,03621.0k $512.0k $512.0k 0.00% Added +68 +68
97 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio NEW YORK, NY 20,70720.7k $504.4k $504.4k 0.03% Unchanged
98 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 20,60620.6k $502.0k $502.0k 0.00% Reduced -233.6k -233,563
99 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 20,07020.1k $488.8k $488.8k 0.00% Reduced -224 -224
100 TRITONPOINT WEALTH, LLC 0.05% of their portfolio CHEVY CHASE, MD 19,80019.8k $482.3k $482.3k 0.05% Reduced -259 -259