SNDL Ownership | Who Owns SNDL?

SNDL Ownership Summary

SNDL is owned by 15.99% institutional investors, 4.32% insiders, and 79.69% retail investors. Cannell capital is the largest institutional shareholder, holding 3.45% of SNDL shares. ETFMG Alternative Harvest ETF is the top mutual fund, with 2.70% of its assets in SNDL shares.

SNDL Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	SNDL	15.99%	4.32%	79.69%
Sector	Healthcare Stocks	488.17%	11.08%	-399.26%
Industry	Specialty & Generic Drug Manufacturers Stocks	43.51%	11.55%	44.95%
Idea	Cannabis Stocks List	18.72%	11.24%	70.04%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Cannell capital	8.95M	3.45%	$10.83M
Advisorshares investments	1.08M	0.42%	$1.31M
Arrowstreet capital, limited partnership	565.00K	0.22%	$683.64K
Rbf capital	425.00K	0.16%	$514.25K
Cambria investment management	370.37K	0.14%	$448.15K
Qube research	354.96K	0.14%	$429.51K
Resources investment advisors, llc.	211.28K	0.08%	$255.65K
Graham capital management	96.45K	0.04%	$116.71K
Two sigma securities	93.28K	0.04%	$112.87K
Blackrock funding, inc. /de	70.38K	0.03%	$85.16K

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Cannell capital	8.95M	3.24%	$10.83M
Advisorshares investments	1.08M	0.24%	$1.31M
Cambria investment management	370.37K	0.03%	$448.15K
Rbf capital	425.00K	0.02%	$514.25K
Newman dignan & sheerar	64.42K	0.02%	$77.95K
Oxford asset management llp	36.08K	0.02%	$43.66K
Two sigma securities	93.28K	0.01%	$112.87K
Entrypoint capital	16.85K	0.01%	$20.39K
Jeppson wealth management	20.00K	0.01%	$24.20K
Revisor wealth management	11.91K	0.01%	$16.91K

Top Buyers

Holder	Shares	% Assets	Change
Qube research	354.96K	0.00%	155.85K
Xtx topco	70.21K	0.00%	70.21K
Two sigma securities	93.28K	0.01%	50.87K
Cambria investment management	370.37K	0.03%	46.96K
Dark forest capital management lp	45.42K	0.00%	45.42K

Top Sellers

Holder	Shares	% Assets	Change
Arrowstreet capital, limited partnership	565.00K	0.00%	-1.16M
Omers administration	-	-	-326.40K
Hrt financial lp	-	-	-289.53K
Penserra capital management	-	-	-289.53K
Boothbay fund management	-	-	-225.60K

New Positions

Holder	Shares	% Assets	Change	Value
Xtx topco	70.21K	0.00%	70.21K	$84.96K
Dark forest capital management lp	45.42K	0.00%	45.42K	$54.95K
Aquatic capital management	43.68K	0.00%	43.68K	$52.85K
Stonex group	13.62K	0.00%	13.62K	$16.48K
Revisor wealth management	11.91K	0.01%	11.91K	$16.91K

Sold Out

Holder	Change
Larson financial group	-2.00
Godsey & gibb	-5.00
City	-7.00
Nelson, van denburg & campbell wealth management group	-7.00
Bartlett & co. wealth management	-27.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2025	123	-0.81%	41,441,547	5.81%	15	7.00%	57	29.55%	24	-25.00%
Mar 31, 2025	122	-7.58%	38,889,588	-4.46%	15	6.37%	43	-28.33%	31	72.22%
Dec 31, 2024	132	5.60%	40,706,613	29.33%	15	10.89%	60	46.34%	18	-28.00%
Sep 30, 2024	125	-1.57%	31,475,162	9.97%	11	10.09%	41	-22.64%	25	4.17%
Jun 30, 2024	127	9.48%	28,621,651	3.70%	10	9.85%	53	6.00%	24	26.32%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
ETFMG Alternative Harvest ETF	6.95M	2.70%	-
Global X Marijuana Life Sciences ETF	1.90M	0.74%	-21.82K
AdvisorShares Pure Cannabis ETF	1.08M	0.42%	-
Invesco FTSE RAFI US 1500 Small-Mid ETF	807.34K	0.30%	-
Cambria Cannabis ETF	442.62K	0.17%	-
Invesco RAFI US 1500 Small-Mid ETF	387.28K	0.15%	-
SPDR® Portfolio Developed Wld ex-US ETF	254.17K	0.10%	-
Amplify Seymour Cannabis ETF	200.80K	0.08%	-
CANSOUL Fonds Hanf Aktien Global EUR C	173.35K	0.07%	-
DFA International Small Cap Value I	172.44K	0.07%	-

SNDL Ownership FAQ

Who Owns SNDL?

SNDL shareholders are primarily institutional investors at 15.99%, followed by 4.32% insiders and 79.69% retail investors. The average institutional ownership in SNDL's industry, Specialty & Generic Drug Manufacturers Stocks, is 43.51%, which SNDL falls below.

Who owns the most shares of SNDL?

SNDL’s largest shareholders are Cannell capital (8.95M shares, 3.45%), Advisorshares investments (1.08M shares, 0.42%), and Arrowstreet capital, limited partnership (565K shares, 0.22%). Together, they hold 4.09% of SNDL’s total shares outstanding.

Does Blackrock own SNDL?

BlackRock is not among the top 10 institutional shareholders of SNDL.

Who is SNDL’s biggest shareholder by percentage of total assets invested?

Cannell capital is SNDL’s biggest shareholder by percentage of total assets invested, with 3.24% of its assets in 8.95M SNDL shares, valued at 10.83M$.

Who is the top mutual fund holder of SNDL shares?

ETFMG Alternative Harvest ETF is the top mutual fund holder of SNDL shares, with 2.70% of its total shares outstanding invested in 6.95M SNDL shares.

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