SNDL · SNDL Inc.

$1.37 -0.01 (-0.72%)

Market Cap

$343.15M

248.66M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 106

Total Value: $70,862,989

Total Shares: 52,491,141

Institutional Ownership Trend

19 quarters

Holder Concentration

Across 106 13F filers · Δ vs Mar 31, 2026

Top Holder

19.5%

−0.4 pts

Top 5

60.2%

+2.8 pts

Top 10

78.0%

+1.8 pts

HHI

943

Broadly held+46

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -5

Institutional value: -6.8%

Shares held: -8.9%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega GOLDMAN SACHS GROUP INC	+788,392	1,970,467
Mega JANE STREET GROUP, LLC	+785,219	1,408,293
Large RENAISSANCE TECHNOLOGIES LLC	+449,567	1,051,792
Mid OneDigital Investment Advisors LLC	+369,642	585,135
Mega CITADEL ADVISORS LLC	+361,369	3,223,981

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Small AdvisorShares Investments LLC	−3,109,133	400,728
Mega MORGAN STANLEY	−1,197,108	10,214,013
Mega ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	−639,022	2,357,401
Mega Qube Research & Technologies Ltd	−635,984	164,535
Small State of Wyoming	−479,513	174,091

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Connective Capital Management, LLC	95,656	$129,135
Large CIBC WORLD MARKET INC.	55,140	$74,439
Small StoneX Group Inc.	33,464	$45,176
Large Mariner, LLC	27,755	$37,469
Small AXQ CAPITAL, LP	11,356	$15,330

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid Cambria Investment Management, L.P.	352,842	$465,751
Small SkyView Investment Advisors, LLC	310,158	$409,408
Large HRT FINANCIAL LP	231,812	$305,991
Mid Engineers Gate Manager LP	149,915	$197,887
Mid ALGERT GLOBAL LLC	136,530	$180,219

Filter: New 17 Increased 31 Reduced 28 Sold out 22 Unchanged 30

Showing 100 of 113

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

MORGAN STANLEY

$13,788,916

19.46%

10,214,013

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	10,210,430	$13,784,080	100.0%	Defined
MORGAN STANLEY SMITH BARNEY LLC	3,583	$4,836	0.0%	Defined

CANNELL CAPITAL LLC

$11,663,164

16.46%

8,639,381

Tidal Investments LLC

$7,201,399

10.16%

5,334,370

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Amplify Investments, LLC	5,334,370	$7,201,399	100.0%	Defined

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$3,182,491

4.49%

2,357,401

CITADEL ADVISORS LLC

$2,922,858

4.12%

2,165,081

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	2,161,853	$2,918,501	99.9%	Defined
Held directly	3,228	$4,357	0.1%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$2,857,275

4.03%

2,116,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	2,116,500	$2,857,275	100.0%	Other

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$2,853,867

4.03%

2,113,976

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Investments Canada Inc. joint	2,113,976	$2,853,867	100.0%	Defined

GOLDMAN SACHS GROUP INC

$2,660,130

3.75%

1,970,467

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	1,970,467	$2,660,130	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$2,583,113

3.65%

1,913,418

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	1,750,197	$2,362,765	91.5%	Other
G1 EXECUTION SERVICES, LLC	163,221	$220,348	8.5%	Other

Ewing Morris & Co. Investment Partners Ltd.

$1,999,649

2.82%

1,481,222

JPMORGAN CHASE & CO

$1,704,446

2.41%

1,262,553

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	1,262,553	$1,704,446	100.0%	Defined

JANE STREET GROUP, LLC

$1,572,874

2.22%

1,165,093

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	696,365	$940,092	59.8%	Defined
Jane Street Global Trading, LLC	468,728	$632,782	40.2%	Defined

RENAISSANCE TECHNOLOGIES LLC

$1,419,919

2.00%

1,051,792

Man Group plc

$1,227,784

1.73%

909,470

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Numeric Investors LLC	909,470	$1,227,784	100.0%	Defined

LAZARD ASSET MANAGEMENT LLC

$1,166,984

1.65%

864,433

CITADEL ADVISORS LLC

$1,092,555

1.54%

809,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	809,300	$1,092,555	100.0%	Defined

OneDigital Investment Advisors LLC

$789,932

1.11%

585,135

WINTON GROUP Ltd

$675,611

0.95%

500,453

STATE STREET CORP

$613,471

0.87%

454,423

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SSGA FUNDS MANAGEMENT, INC.	454,423	$613,471	100.0%	Defined

SIMPLEX TRADING, LLC

$597,613

0.84%

442,677

GROUP ONE TRADING LLC

$583,001

0.82%

431,853

AdvisorShares Investments LLC

$540,982

0.76%

400,728

DIMENSIONAL FUND ADVISORS LP

$442,887

0.62%

328,065

Cable Car Capital, LP

$413,363

0.58%

306,195

BlackRock, Inc.

$407,213

0.57%

301,640

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	212,614	$287,028	70.5%	Sole
BlackRock Institutional Trust Company, N.A.	89,026	$120,185	29.5%	Sole

GSA CAPITAL PARTNERS LLP

$384,961

0.54%

285,157

Baader Bank Aktiengesellschaft

$337,500

0.48%

250,000

RBF Capital, LLC

$337,500

0.48%

250,000

CITADEL ADVISORS LLC

$336,960

0.48%

249,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	249,600	$336,960	100.0%	Defined

UBS Group AG

$309,795

0.44%

229,480

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	734	$990	0.3%	Defined
UBS AG	86,725	$117,078	37.8%	Defined
UBS Switzerland AG	9,097	$12,280	4.0%	Defined
UBS Securities LLC	132,924	$179,447	57.9%	Defined

Magnus Financial Group LLC

$309,482

0.44%

229,246

State of Wyoming

$235,022

0.33%

174,091

MILLENNIUM MANAGEMENT LLC

$228,938

0.32%

169,584

GEODE CAPITAL MANAGEMENT, LLC

$222,615

0.31%

164,900

Qube Research & Technologies Ltd

$222,122

0.31%

164,535

BANK OF AMERICA CORP /DE/

$216,995

0.31%

160,738

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	137,056	$185,025	85.3%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	23,682	$31,970	14.7%	Defined

JANE STREET GROUP, LLC

$203,175

0.29%

150,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	150,500	$203,175	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$202,905

0.29%

150,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	150,300	$202,905	100.0%	Other

IMC-Chicago, LLC

$166,186

0.23%

123,101

Leonteq Securities AG

$165,346

0.23%

122,479

Quadrature Capital Ltd

$160,397

0.23%

118,813

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	118,813	$160,397	100.0%	Other

Aquatic Capital Management LLC

$152,088

0.21%

112,658

Federation des caisses Desjardins du Quebec

$146,143

0.21%

108,255

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Desjardins Securities inc.	79,810	$107,743	73.7%	Defined
Regime de rentes du Mouvement Desjardins	13,215	$17,840	12.2%	Defined
Held directly	15,230	$20,560	14.1%	Defined

Connective Capital Management, LLC

$129,135

0.18%

95,656

JANE STREET GROUP, LLC

$125,145

0.18%

92,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	92,700	$125,145	100.0%	Defined

XTX Topco Ltd

$120,509

0.17%

89,266

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	89,266	$120,509	100.0%	Defined

Headlands Technologies LLC

$105,293

0.15%

77,995

SUSQUEHANNA ADVISORS GROUP, INC.

$79,674

0.11%

59,018

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL VENTURES INTERNATIONAL	59,018	$79,674	100.0%	Other

CIBC WORLD MARKET INC.

$74,439

0.11%

55,140

R Squared Ltd

$70,503

0.10%

52,225

Point72 Asset Management, L.P.

$68,859

0.10%

51,007

TWO SIGMA INVESTMENTS, LP

$63,990

0.09%

47,400

CITIGROUP INC

$58,239

0.08%

43,140

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	43,140	$58,239	100.0%	Defined

SBI Securities Co., Ltd.

$49,917

0.07%

36,976

SG Americas Securities, LLC

$49,427

0.07%

36,613

Caprock Group, LLC

$47,250

0.07%

35,000

COMMONWEALTH EQUITY SERVICES, LLC

$46,390

0.07%

34,363

HSBC HOLDINGS PLC

$46,188

0.07%

34,214

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
HSBC BANK PLC	34,214	$46,188	100.0%	Defined

StoneX Group Inc.

$45,176

0.06%

33,464

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STONEX FINANCIAL INC.	33,464	$45,176	100.0%	Defined

Mariner, LLC

$37,469

0.05%

27,755

TWO SIGMA SECURITIES, LLC

$33,315

0.05%

24,678

Tower Research Capital LLC (TRC)

$30,987

0.04%

22,954

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	22,954	$30,987	100.0%	Defined

JEPPSON WEALTH MANAGEMENT, LLC

$27,000

0.04%

20,000

FSM Wealth Advisors, LLC

$27,000

0.04%

20,000

PFG Investments, LLC

$27,000

0.04%

20,000

ROYAL BANK OF CANADA

$25,031

0.04%

18,543

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	616	$831	3.3%	Defined
RBC Capital Markets, LLC	1,250	$1,687	6.7%	Defined
RBC Dominion Securities Inc.	11,677	$15,763	63.0%	Defined
RBC Phillips, Hager & North Investment Counsel Inc.	5,000	$6,750	27.0%	Defined

PFS Partners, LLC

$24,300

0.03%

18,000

RAYMOND JAMES FINANCIAL INC

$20,183

0.03%

14,951

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	13,620	$18,387	91.1%	Defined
Raymond James Financial Services Advisors, Inc.	1,331	$1,796	8.9%	Defined

LPL Financial LLC

$19,885

0.03%

14,730

AXQ CAPITAL, LP

$15,330

0.02%

11,356

CoreCap Advisors, LLC

$15,033

0.02%

11,136

HOEY INVESTMENTS, INC

$13,554

0.02%

10,040

NAPLES GLOBAL ADVISORS, LLC

$13,500

0.02%

10,000

OSAIC HOLDINGS, INC.

$10,835

0.02%

8,027

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	8,016	$10,821	99.9%	Defined
Osaic Advisory Services, LLC	11	$14	0.1%	Defined

TD Waterhouse Canada Inc.

$9,486

0.01%

7,027

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	7,027	$9,486	100.0%	Defined

LRI Investments, LLC

$8,645

0.01%

6,404

Caitong International Asset Management Co., Ltd

$6,393

0.01%

4,736

HighMark Wealth Management LLC

$4,050

0.01%

3,000

Farther Finance Advisors, LLC

$3,038

0.00%

2,251

FNY Investment Advisers, LLC

$2,025

0.00%

1,500

IFP Advisors, Inc

$1,795

0.00%

1,330

Allworth Financial LP

$1,350

0.00%

1,000

Quarry LP

$1,269

0.00%

940

Global Retirement Partners, LLC

$1,082

0.00%

802

WELLS FARGO & COMPANY/MN

$675

0.00%

500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO CLEARING SERVICES, LLC	500	$675	100.0%	Defined

Ravenstone Capital Management Inc.

$517

0.00%

383

Clean Yield Group

$299

0.00%

222

Activest Wealth Management

$270

0.00%

200

Ameritas Advisory Services, LLC

$243

0.00%

180

Rockefeller Capital Management L.P.

$202

0.00%

150

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER FINANCIAL LLC	150	$202	100.0%	Defined

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

$179

0.00%

133

Arax Advisory Partners

$175

0.00%

130

Aventura Private Wealth, LLC

$175

0.00%

130

Asset Dedication, LLC

$135

0.00%

100

Darwin Wealth Management, LLC

$135

0.00%

100

Cape Investment Advisory, Inc.

$124

0.00%

HARBOUR INVESTMENTS, INC.

$67

0.00%

Smallwood Wealth Investment Management, LLC

$67

0.00%

SHP Wealth Management

$63

0.00%

Integrated Wealth Concepts LLC

$63

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Tidal Investments LLC	352,842	$465,751	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	91,431	$120,688	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF NOVA SCOTIA	22,193	$29,294	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
National Bank Financial Inc.	4,400	$5,808	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ANCORA PRIVATE WEALTH ADVISORS, LLC	2	$2	100.0%	Sole

Key facts CIK 1766600 CUSIP 83307B101 13F (30d) 82 filings 82 filers Visit website Investor relations