SNDL INC SNDL
COM · Common Stock · CUSIP 83307B101 · ISIN CA83307B1013
- SectorHealth care
- IndustryMedicinal Chemicals & Botanical Products
- FilingsSEC EDGAR
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $1.35. Options: 7 managers hold calls ($1.5m notional), 6 hold puts ($6.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 101 |
| Q1 2023 | 108 |
| Q2 2023 | 101 |
| Q3 2023 | 103 |
| Q4 2023 | 110 |
| Q1 2024 | 116 |
| Q2 2024 | 124 |
| Q3 2024 | 120 |
| Q4 2024 | 131 |
| Q1 2025 | 123 |
| Q2 2025 | 129 |
| Q3 2025 | 130 |
| Q4 2025 | 121 |
| Q1 2026 | 111 |
| Q2 2026 | 107 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 43 | 42 |
| Q4 2024 | 56 | 35 |
| Q1 2025 | 42 | 52 |
| Q2 2025 | 56 | 46 |
| Q3 2025 | 55 | 51 |
| Q4 2025 | 53 | 50 |
| Q1 2026 | 48 | 47 |
| Q2 2026 | 46 | 46 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $9.4m | $10.8m | 1.16 |
| Q4 2025 | $4.3m | $7.6m | 1.77 |
| Q1 2026 | $1.6m | $6.0m | 3.81 |
| Q2 2026 | $1.5m | $6.4m | 4.18 |
Biggest buyers
| JANE STREET GROUP, LLC | Added | +841.6k |
| GOLDMAN SACHS GROUP INC | Added | +788.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +449.6k |
| OneDigital Investment Advisors LLC | Added | +369.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +351.1k |
| CITADEL ADVISORS LLC | Added | +287.0k |
| Ewing Morris & Co. Investment Partners Ltd. | Added | +180.0k |
| GROUP ONE TRADING LLC | Added | +161.9k |
| Connective Capital Management, LLC | New | +95.7k |
| Aquatic Capital Management LLC | Added | +86.5k |
Biggest sellers
| AdvisorShares Investments LLC | Reduced | -3.1m |
| MORGAN STANLEY | Reduced | -1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -639.0k |
| Qube Research & Technologies Ltd | Reduced | -636.0k |
| State of Wyoming | Reduced | -479.5k |
| Cambria Investment Management, L.P. | Sold out | -352.8k |
| HRT FINANCIAL LP | Sold out | -231.8k |
| UBS Group AG | Reduced | -195.6k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -185.8k |
| Tidal Investments LLC | Reduced | -176.3k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $381.9k282.9k shares |
| CITADEL ADVISORS LLC | Added | $337.0k249.6k shares |
| IMC-Chicago, LLC | Added | $316.7k234.6k shares |
| JANE STREET GROUP, LLC | Reduced | $203.2k150.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $202.9k150.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $95.7k70.9k shares |
| FNY Investment Advisers, LLC | Unchanged | $015 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.9m2.1m shares |
| GROUP ONE TRADING LLC | Added | $1.5m1.1m shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m809.3k shares |
| SIMPLEX TRADING, LLC | Added | $680.7k504.2k shares |
| IMC-Chicago, LLC | Reduced | $184.0k136.3k shares |
| JANE STREET GROUP, LLC | Reduced | $125.1k92.7k 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 since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 10.2m $13.8m | Reduced -1.2m |
| CANNELL CAPITAL LLC 8.14% of their portfolio | 8.6m $11.7m | Reduced -121.8k |
| Tidal Investments LLC 0.02% of their portfolio | 5.3m $7.2m | Reduced -176.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 2.4m $3.2m | Reduced -639.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 2.2m $2.9m | Added +287.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 2.1m $2.9m | Reduced -125.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.0m $2.7m | Added +788.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 1.9m $2.6m | Added +351.1k |
| Ewing Morris & Co. Investment Partners Ltd. 1.04% of their portfolio | 1.5m $2.0m | Added +180.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3m $1.7m | Reduced -135.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 1.2m $1.6m | Added +841.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 1.1m $1.4m | Added +449.6k |
| Man Group plc 0.00% of their portfolio | 909.5k $1.2m | Added +81.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 864.4k $1.2m | Reduced -185.8k |
| OneDigital Investment Advisors LLC 0.01% of their portfolio | 585.1k $789.9k | Added +369.6k |
| WINTON GROUP Ltd 0.02% of their portfolio | 500.5k $675.6k | Added +2.0k |
| STATE STREET CORP 0.00% of their portfolio | 454.4k $613.5k | Added +1.3k |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 442.7k $597.6k | Added +44.7k |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 431.9k $583.0k | Added +161.9k |
| AdvisorShares Investments LLC 0.07% of their portfolio | 400.7k $541.0k | Reduced -3.1m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 328.1k $442.9k | Unchanged |
| Cable Car Capital, LP 0.02% of their portfolio | 306.2k $413.4k | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 301.6k $407.2k | Reduced -19.1k |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 285.2k $385.0k | Reduced -53.9k |
| RBF Capital, LLC 0.01% of their portfolio | 250.0k $337.5k | Unchanged |
| Baader Bank Aktiengesellschaft 0.03% of their portfolio | 250.0k $337.5k | Reduced -718 |
| UBS Group AG 0.00% of their portfolio | 229.5k $309.8k | Reduced -195.6k |
| Magnus Financial Group LLC 0.02% of their portfolio | 229.2k $309.5k | Added +61.0k |
| State of Wyoming 0.02% of their portfolio | 174.1k $235.0k | Reduced -479.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 169.6k $228.9k | Reduced -123.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 164.9k $222.6k | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 164.5k $222.1k | Reduced -636.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 160.7k $217.0k | Added +5.5k |
| IMC-Chicago, LLC 0.00% of their portfolio | 123.1k $166.2k | Reduced -42.2k |
| Leonteq Securities AG 0.01% of their portfolio | 122.5k $165.3k | Added +23.9k |
| Quadrature Capital Ltd 0.00% of their portfolio | 118.8k $160.4k | Reduced -128.0k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 112.7k $152.1k | Added +86.5k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 108.3k $145.6k | Added +5.8k |
| Connective Capital Management, LLC 0.09% of their portfolio | 95.7k $129.1k | New |
| XTX Topco Ltd 0.00% of their portfolio | 89.3k $120.5k | Reduced -171.3k |
| Headlands Technologies LLC 0.01% of their portfolio | 78.0k $105.3k | Reduced -29.7k |
| SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio | 59.0k $79.7k | Unchanged |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 55.1k $74.4k | New |
| R Squared Ltd 0.04% of their portfolio | 52.2k $70.5k | Reduced -40.3k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 51.0k $68.9k | Reduced -43.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 47.4k $64.0k | Reduced -6.3k |
| CITIGROUP INC 0.00% of their portfolio | 43.1k $58.2k | Added +43.1k |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 37.0k $49.9k | Added +3.6k |
| SG Americas Securities, LLC 0.00% of their portfolio | 36.6k $49.0k | Reduced -14.1k |
| Caprock Group, LLC 0.00% of their portfolio | 35.0k $47.2k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 34.4k $46.4k | Added +273 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 34.2k $46.7k | Unchanged |
| StoneX Group Inc. 0.00% of their portfolio | 33.5k $46.2k | New |
| Mariner, LLC 0.00% of their portfolio | 27.8k $37.5k | New |
| TWO SIGMA SECURITIES, LLC 0.00% of their portfolio | 24.7k $33.3k | Reduced -4.9k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 23.0k $31.0k | Added +1.6k |
| JEPPSON WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 20.0k $27.0k | Unchanged |
| FSM Wealth Advisors, LLC 0.00% of their portfolio | 20.0k $27.0k | Unchanged |
| PFG Investments, LLC 0.00% of their portfolio | 20.0k $27.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 18.5k $26.0k | Reduced -8.2k |
| PFS Partners, LLC 0.01% of their portfolio | 18.0k $24.3k | Added +9.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 15.0k $20.2k | Added +269 |
| LPL Financial LLC 0.00% of their portfolio | 14.7k $19.9k | Reduced -89 |
| AXQ CAPITAL, LP 0.00% of their portfolio | 11.4k $15.3k | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 11.1k $15.0k | Unchanged |
| HOEY INVESTMENTS, INC 0.00% of their portfolio | 10.0k $13.6k | Unchanged |
| NAPLES GLOBAL ADVISORS, LLC 0.00% of their portfolio | 10.0k $13.5k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.0k $10.8k | Added +65 |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 7.0k $9.6k | Reduced -242 |
| LRI Investments, LLC 0.00% of their portfolio | 6.4k $8.6k | Added +4.1k |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 4.7k $6.4k | Added +2.5k |
| HighMark Wealth Management LLC 0.00% of their portfolio | 3.0k $4.0k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 2.3k $3.0k | Added +6 |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 1.5k $2.0k | Added +500 |
| IFP Advisors, Inc 0.00% of their portfolio | 1.3k $1.8k | Added +150 |
| Allworth Financial LP 0.00% of their portfolio | 1.0k $1.4k | Unchanged |
| Quarry LP 0.00% of their portfolio | 940 $1.3k | New |
| Global Retirement Partners, LLC 0.00% of their portfolio | 802 $1.1k | First filing |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 500 $675 | New |
| Ravenstone Capital Management Inc. 0.00% of their portfolio | 383 $514 | Unchanged |
| Clean Yield Group 0.00% of their portfolio | 222 $300 | Unchanged |
| Activest Wealth Management 0.00% of their portfolio | 200 $270 | New |
| Ameritas Advisory Services, LLC 0.00% of their portfolio | 180 $243 | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 150 $203 | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 133 $179 | Added +43 |
| Arax Advisory Partners 0.00% of their portfolio | 130 $176 | Added +47 |
| Aventura Private Wealth, LLC 0.00% of their portfolio | 130 $176 | Unchanged |
| Asset Dedication, LLC 0.00% of their portfolio | 100 $135 | Unchanged |
| Darwin Wealth Management, LLC 0.00% of their portfolio | 100 $135 | Unchanged |
| Cape Investment Advisory, Inc. 0.00% of their portfolio | 92 $124 | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 50 $68 | Unchanged |
| Smallwood Wealth Investment Management, LLC 0.00% of their portfolio | 50 $67 | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 47 $63 | New |
| SHP Wealth Management 0.00% of their portfolio | 47 $63 | Unchanged |
| Montgomery Financial Services LLC 0.00% of their portfolio | 30 $41 | First filing |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 26 $35 | Unchanged |
| Center for Financial Planning, Inc. 0.00% of their portfolio | 25 $34 | New |
| Quaker Wealth Management, LLC 0.00% of their portfolio | 20 $27 | Reduced -51 |
| Game Plan Financial Advisors, LLC 0.00% of their portfolio | 20 $27 | Unchanged |
| Addison Advisors LLC 0.00% of their portfolio | 20 $27 | Unchanged |