Vault-13

SNDL INC SNDL

COM · Common Stock · CUSIP 83307B101 · ISIN CA83307B1013

131 institutional holders +11 vs Q3 2024
40,638,67340.6m shares reported held*
$72.7mreported value*
24 new 32 added 18 reduced 17 sold out net bought ≈ $16.8m (+9.4m 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 ($787.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.79. Options: 10 managers hold calls ($3.3m notional), 7 hold puts ($8.4m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 90Q4 22: 101Q1 23: 108Q2 23: 101Q3 23: 103Q4 23: 110Q1 24: 116Q2 24: 124Q3 24: 120Q4 24: 131131Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202290
Q4 2022101
Q1 2023108
Q2 2023101
Q3 2023103
Q4 2023110
Q1 2024116
Q2 2024124
Q3 2024120
Q4 2024131

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 23: 47 bought or addedQ1 23: 39 cut or sold outQ2 23: 36 bought or addedQ2 23: 40 cut or sold outQ2 23Q3 23: 37 bought or addedQ3 23: 29 cut or sold outQ4 23: 39 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 51 bought or addedQ1 24: 40 cut or sold outQ2 24: 50 bought or addedQ2 24: 43 cut or sold outQ2 24Q3 24: 43 bought or addedQ3 24: 42 cut or sold outQ4 24: 56 bought or addedQ4 24: 35 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20234739
Q2 20233640
Q3 20233729
Q4 20233933
Q1 20245140
Q2 20245043
Q3 20244342
Q4 20245635

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 24 calls: $4.9mQ1 24 puts: $7.6mQ1 24P/C 1.56Q2 24 calls: $5.1mQ2 24 puts: $7.8mQ2 24P/C 1.52Q3 24 calls: $4.3mQ3 24 puts: $8.7mQ3 24P/C 2.03Q4 24 calls: $3.3mQ4 24 puts: $8.4mQ4 24P/C 2.53
Numbers
QuarterCallsPutsP/C
Q1 2024$4.9m$7.6m1.56
Q2 2024$5.1m$7.8m1.52
Q3 2024$4.3m$8.7m2.03
Q4 2024$3.3m$8.4m2.53

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS New +4,110,288+4.1m
CANNELL CAPITAL LLC Added +1,945,045+1.9m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +1,248,922+1.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +683,942+683.9k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +612,495+612.5k
OMERS ADMINISTRATION Corp New +326,400+326.4k
HRT FINANCIAL LP New +289,532+289.5k
GOLDMAN SACHS GROUP INC Added +262,350+262.4k
SkyView Investment Advisors, LLC New +257,602+257.6k
BOOTHBAY FUND MANAGEMENT, LLC New +225,605+225.6k

Biggest sellers

MORGAN STANLEY Reduced -370,437-370.4k
JANE STREET GROUP, LLC Reduced -187,731-187.7k
GTS SECURITIES LLC Sold out -174,871-174.9k
WINTON GROUP Ltd Reduced -159,301-159.3k
Tidal Investments LLC Reduced -152,196-152.2k
ExodusPoint Capital Management, LP Sold out -143,018-143.0k
TWO SIGMA INVESTMENTS, LP Reduced -123,661-123.7k
Kestra Advisory Services, LLC Sold out -123,054-123.1k
Vontobel Holding Ltd. Reduced -117,735-117.7k
MILLENNIUM MANAGEMENT LLC Reduced -113,883-113.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $890.5k497.5k shares
CITADEL ADVISORS LLC Added $866.7k484.2k shares
SIMPLEX TRADING, LLC Added $426.0k238.1k shares
WOLVERINE TRADING, LLC Added $407.7k234.3k shares
GROUP ONE TRADING LLC Added $394.5k220.4k shares
JANE STREET GROUP, LLC Added $241.3k134.8k shares
Squarepoint Ops LLC New $41.0k22.9k shares
Kestra Advisory Services, LLC New $39.4k22.0k shares
Parallax Volatility Advisers, L.P. Unchanged $18.6k10.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.2m1.8m shares
CITADEL ADVISORS LLC Added $1.9m1.1m shares
SIMPLEX TRADING, LLC Added $1.5m824.9k shares
GROUP ONE TRADING LLC Added $970.9k542.4k shares
Squarepoint Ops LLC New $714.4k399.1k shares
WOLVERINE TRADING, LLC Reduced $111.7k64.2k 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.

Insider purchases and sales in Q4 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CANNELL CAPITAL LLC 3.74% of their portfolio ALTA, WY 10,176,30510.2m $18.2m $18.2m 3.74% Added +1.9m +1,945,045
2 Tidal Investments LLC 0.09% of their portfolio Milwaukee, WI 6,358,7656.4m $11.4m $11.4m 0.09% Reduced -152.2k -152,196
3 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 4,110,2884.1m $7.4m $7.4m 0.01% New
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,454,2862.5m $4.4m $4.4m 0.00% Reduced -370.4k -370,437
5 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 2,095,2052.1m $3.8m $3.8m 0.01% Added +612.5k +612,495
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 1,322,8061.3m $2.4m $2.4m 0.00% Added +683.9k +683,942
7 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 1,248,9221.2m $2.2m $2.2m 0.00% New
8 AdvisorShares Investments LLC 0.40% of their portfolio BETHESDA, MD 1,165,9921.2m $2.1m $2.1m 0.40% Reduced -93.2k -93,220
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,093,0471.1m $2.0m $2.0m 0.00% Added +141.8k +141,830
10 PRELUDE CAPITAL MANAGEMENT, LLC 0.16% of their portfolio NEW YORK, NY 1,077,4901.1m $1.9m $1.9m 0.16% Added +39.7k +39,693
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 806,812806.8k $1.4m $1.4m 0.00% Added +10.1k +10,134
12 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 698,279698.3k $1.2m $1.2m 0.04% Added +43.7k +43,749
13 State of Wyoming 0.13% of their portfolio CHEYENNE, WY 568,184568.2k $1.0m $1.0m 0.13% Added +173.4k +173,409
14 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 436,913436.9k $782.0k $782.0k 0.02% Added +52.1k +52,092
15 Cambria Investment Management, L.P. 0.04% of their portfolio Manhattan Beach, CA 411,452411.5k $736.5k $736.5k 0.04% Unchanged
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 362,313362.3k $648.5k $648.5k 0.00% Added +262.4k +262,350
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 355,991356.0k $637.2k $637.2k 0.00% Added +2.9k +2,884
18 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 339,754339.8k $608.2k $608.2k 0.00% Reduced -1.6k -1,565
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 333,452333.5k $596.9k $596.9k 0.00% Reduced -187.7k -187,731
20 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 326,400326.4k $584.3k $584.3k 0.01% New
21 Cable Car Capital, LP 0.04% of their portfolio SAN FRANCISCO, CA 306,195306.2k $548.1k $548.1k 0.04% Unchanged
22 WINTON GROUP Ltd 0.04% of their portfolio LONDON, X0 299,080299.1k $535.4k $535.4k 0.04% Reduced -159.3k -159,301
23 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 289,532289.5k $518.0k $518.0k 0.00% New
24 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 289,526289.5k $518.0k $518.0k 0.01% Unchanged
25 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 287,816287.8k $515.2k $515.2k 0.00% Reduced -123.7k -123,661
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 264,106264.1k $472.8k $472.8k 0.00% Added +69.9k +69,919
27 SkyView Investment Advisors, LLC 0.07% of their portfolio SHREWSBURY, NJ 257,602257.6k $461.0k $461.0k 0.07% New
28 RBF Capital, LLC 0.02% of their portfolio RENO, NV 250,000250.0k $447.5k $447.5k 0.02% Reduced -50.0k -50,000
29 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 225,605225.6k $403.8k $403.8k 0.01% New
30 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 206,273206.3k $369.2k $369.2k 0.00% Added +25.8k +25,756
31 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 203,130203.1k $363.6k $363.6k 0.00% New
32 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 190,915190.9k $341.7k $341.7k 0.00% Reduced -113.9k -113,883
33 Baader Bank Aktiengesellschaft 0.03% of their portfolio Unterschleissheim, 2M 173,350173.3k $310.3k $310.3k 0.03% Reduced -3.0k -3,017
34 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 169,519169.5k $303.4k $303.4k 0.00% New
35 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 138,827138.8k $248.5k $248.5k 0.01% Added +14.5k +14,461
36 Magnus Financial Group LLC 0.02% of their portfolio NEW YORK, NY 124,246124.2k $222.4k $222.4k 0.02% Added +4.0k +4,000
37 OLD MISSION CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 112,085112.1k $200.6k $200.6k 0.00% Added +20.4k +20,385
38 Virtu Financial LLC 0.01% of their portfolio New York, NY 104,586104.6k $187.0k $187.0k 0.01% New
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 95,75995.8k $171.4k $171.4k 0.00% Added +53.2k +53,219
40 OXFORD ASSET MANAGEMENT LLP 0.07% of their portfolio OXFORD, X0 90,33690.3k $161.7k $161.7k 0.07% Not comparable
41 Leonteq Securities AG 0.02% of their portfolio ZURICH, V8 87,62087.6k $156.8k $156.8k 0.02% Reduced -3.9k -3,903
42 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 66,30666.3k $118.7k $118.7k 0.00% Added +51.2k +51,218
43 BlackRock, Inc. 0.00% of their portfolio New York, NY 65,55365.6k $117.3k $117.3k 0.00% Reduced -576 -576
44 Newman Dignan & Sheerar, Inc. 0.03% of their portfolio PROVIDENCE, RI 64,42064.4k $115.3k $115.3k 0.03% Added +10.0k +10,000
45 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 59,01859.0k $105.6k $105.6k 0.00% First filing
46 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 58,44358.4k $103.4k $103.4k 0.00% New
47 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 57,75557.8k $103.4k $103.4k 0.02% Added +24.6k +24,565
48 Transform Wealth, LLC 0.00% of their portfolio GREENWOOD VILLAGE, CO 48,80648.8k $87.4k $87.4k 0.00% New
49 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 43,33743.3k $78.0k $78.0k 0.00% Added +170 +170
50 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 42,80442.8k $76.6k $76.6k 0.00% New
51 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 42,17942.2k $75.5k $75.5k 0.00% Reduced -117.7k -117,735
52 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 40,76540.8k $73.0k $73.0k 0.00% Added +2.6k +2,606
53 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 39,31439.3k $70.4k $70.4k 0.00% Reduced -50 -50
54 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 38,35438.4k $68.7k $68.7k 0.00% First filing
55 Man Group plc 0.00% of their portfolio LONDON, X0 37,80037.8k $67.7k $67.7k 0.00% Unchanged
56 Headlands Technologies LLC 0.01% of their portfolio CHICAGO, IL 34,80634.8k $62.3k $62.3k 0.01% Added +29.1k +29,133
57 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 32,36432.4k $58.0k $58.0k 0.00% Reduced -4.5k -4,456
58 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 31,31331.3k $56.0k $56.0k 0.00% New
59 STRAIGHTLINE GROUP LLC 0.03% of their portfolio TROY, MI 28,27128.3k $50.6k $50.6k 0.03% First filing
60 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 27,99628.0k $50.0k $50.0k 0.00% Added +3.7k +3,653
61 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 26,10026.1k $46.7k $46.7k 0.00% New
62 Hilton Capital Management, LLC 0.00% of their portfolio Garden City, NY 24,63424.6k $44.1k $44.1k 0.00% Unchanged
63 Olympiad Research LP 0.04% of their portfolio Stamford, CT 23,86523.9k $42.7k $42.7k 0.04% Unchanged
64 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 23,70523.7k $42.4k $42.4k 0.00% Reduced -7.7k -7,672
65 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 23,04523.0k $41.3k $41.3k 0.00% Added +6.8k +6,775
66 JEPPSON WEALTH MANAGEMENT, LLC 0.01% of their portfolio MANHATTAN BEACH, CA 20,00020.0k $35.8k $35.8k 0.01% Unchanged
67 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 18,36718.4k $32.9k $32.9k 0.00% New
68 EntryPoint Capital, LLC 0.01% of their portfolio NEW YORK, NY 18,13618.1k $32.5k $32.5k 0.01% New
69 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 15,90115.9k $28.5k $28.5k 0.00% Added +5.5k +5,521
70 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 12,57112.6k $22.5k $22.5k 0.00% Added +1.1k +1,053
71 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 11,13611.1k $19.9k $19.9k 0.00% Unchanged
72 1832 Asset Management L.P. 0.00% of their portfolio TORONTO, A6 10,49710.5k $18.8k $18.8k 0.00% Unchanged
73 First Affirmative Financial Network 0.01% of their portfolio COLORADO SPRINGS, CO 10,39610.4k $18.6k $18.6k 0.01% New
74 Traynor Capital Management, Inc. 0.00% of their portfolio MALVERN, PA 10,12610.1k $18.1k $18.1k 0.00% Added +30 +30
75 NAPLES GLOBAL ADVISORS, LLC 0.00% of their portfolio NAPLES, FL 10,00010.0k $17.9k $17.9k 0.00% Unchanged
76 Caprock Group, LLC 0.00% of their portfolio BOISE, ID 10,00010.0k $17.9k $17.9k 0.00% Reduced -86.0k -86,000
77 PFS Partners, LLC 0.01% of their portfolio MINE HILL, NJ 6,0006.0k $10.7k $10.7k 0.01% Unchanged
78 Estabrook Capital Management 0.00% of their portfolio NEW YORK, NY 5,0005.0k $8.9k $8.9k 0.00% Unchanged
79 R Squared Ltd 0.01% of their portfolio HONG KONG, K3 4,3204.3k $7.7k $7.7k 0.01% First filing
80 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,9674.0k $7.1k $7.1k 0.00% New
81 HOEY INVESTMENTS, INC 0.00% of their portfolio COATESVILLE, PA 3,6253.6k $6.5k $6.5k 0.00% Added +1.2k +1,231
82 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 3,0973.1k $5.5k $5.5k 0.00% Added +311 +311
83 LOUISBOURG INVESTMENTS INC. 0.00% of their portfolio DIEPPE, A3 2,9002.9k $5.2k $5.2k 0.00% Unchanged
84 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 2,3682.4k $4.2k $4.2k 0.00% New
85 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,2752.3k $4.1k $4.1k 0.00% Reduced -112 -112
86 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 1,5731.6k $2.8k $2.8k 0.00% New
87 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 700700 $1.3k $1.3k 0.00% Unchanged
88 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 700700 $1.0k $1.0k 0.00% Unchanged
89 Security National Bank 0.00% of their portfolio OMAHA, NE 575575 $1.0k $1.0k 0.00% Unchanged
90 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 410410 $734 $734 0.00% Unchanged
91 Ravenstone Capital Management Inc. 0.00% of their portfolio TORONTO, A6 383383 $685 $685 0.00% Unchanged
92 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 290290 $545 $545 0.00% Unchanged
93 Kessler Investment Group, LLC 0.00% of their portfolio COLUMBUS, IN 268268 $480 $480 0.00% Unchanged
94 Aviso Financial Inc. 0.00% of their portfolio TORONTO, A6 265265 $474 $474 0.00% Unchanged
95 Prestige Wealth Management Group LLC 0.00% of their portfolio FLEMINGTON, NJ 249249 $446 $446 0.00% Unchanged
96 Clean Yield Group 0.00% of their portfolio NORWICH, VT 222222 $397 $397 0.00% Unchanged
97 Hilltop National Bank 0.00% of their portfolio CASPER, WY 200200 $358 $358 0.00% Unchanged
98 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 160160 $286 $286 0.00% New
99 CWM, LLC 0.00% of their portfolio OMAHA, NE 160160 $0 $0 0.00% Unchanged
100 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 152152 $273 $273 0.00% Unchanged