SNDLNasdaqMedicinal Chemicals & Botanical ProductsFiscal year ends December 31
SNDL Inc.
Financials through fiscal 2026, year ended Dec 31, 2025Last filing: 40-F on Mar 12, 2026
$1.25+0.00 (+0.40%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
18.6%
49M of 263M shares
Institutional holders
107
17 new, 19 sold out
Net institutional buying
-5M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SNDL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Morgan Stanley | 10,214,013 | 3.88% | $13.79M | −1,197,108 | 0.00% |
| Cannell Capital LLC | 8,639,381 | 3.28% | $11.66M | −121,774 | 7.82% |
| Toroso Investments, LLC | 5,334,370 | 2.03% | $7.20M | −176,305 | 0.01% |
| Arrowstreet Capital, Limited Partnership | 2,357,401 | 0.90% | $3.18M | −639,022 | 0.00% |
| Citadel Advisors LLC | 2,165,081 | 0.82% | $2.92M | +286,969 | 0.00% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2,113,976 | 0.80% | $2.85M | −125,388 | 0.00% |
| Goldman Sachs Group Inc | 1,970,467 | 0.75% | $2.66M | +788,392 | 0.00% |
| Susquehanna International Group, Llp | 1,913,418 | 0.73% | $2.58M | +351,097 | 0.00% |
| Ewing Morris & Co. Investment Partners Ltd. | 1,481,222 | 0.56% | $1.99M | +180,000 | 1.04% |
| JPMorgan Chase & Co | 1,262,553 | 0.48% | $1.74M | −135,767 | 0.00% |
| Jane Street Group, LLC | 1,165,093 | 0.44% | $1.57M | +841,619 | 0.00% |
| Renaissance Technologies LLC | 1,051,792 | 0.40% | $1.42M | +449,567 | 0.00% |
| Man Group plc | 909,470 | 0.35% | $1.23M | +80,976 | 0.00% |
| Lazard Asset Management LLC | 864,433 | 0.33% | $1.17M | −185,845 | 0.00% |
| OneDigital Investment Advisors LLC | 585,135 | 0.22% | $789.93K | +369,642 | 0.01% |
| WINTON GROUP Ltd | 500,453 | 0.19% | $675.61K | +2,020 | 0.02% |
| State Street Corp | 454,423 | 0.17% | $613.47K | +1,304 | 0.00% |
| Simplex Trading, LLC | 442,677 | 0.17% | $597.61K | +44,743 | 0.00% |
| Group One Trading, L.P. | 431,853 | 0.16% | $583.00K | +161,926 | 0.00% |
| AdvisorShares Investments LLC | 400,728 | 0.15% | $540.98K | −3,109,133 | 0.07% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 107 | 49M | 18.6% | 17 / 31 | 28 / 19 | 4M | 9M |
| Q1 2026 | 111 | 54M | 20.5% | 13 / 35 | 26 / 21 | 4M | 7M |
| Q4 2025 | 121 | 57M | 21.7% | 18 / 38 | 26 / 24 | 6M | 8M |
| Q3 2025 | 130 | 58M | 22.2% | 27 / 29 | 31 / 22 | 27M | 13M |
| Q2 2025 | 128 | 44M | 16.8% | 28 / 31 | 25 / 21 | 9M | 4M |
| Q1 2025 | 122 | 39M | 14.9% | 17 / 28 | 30 / 23 | 4M | 6M |
| Q4 2024 | 130 | 41M | 15.6% | 30 / 32 | 18 / 17 | 12M | 2M |
| Q3 2024 | 119 | 31M | 11.9% | 17 / 27 | 23 / 20 | 7M | 4M |
| Q2 2024 | 123 | 29M | 10.9% | 27 / 27 | 25 / 17 | 8M | 9M |
| Q1 2024 | 114 | 30M | 11.4% | 28 / 23 | 18 / 21 | 18M | 3M |
| Q4 2023 | 108 | 16M | 6.0% | 25 / 23 | 15 / 16 | 4M | 1M |
| Q3 2023 | 100 | 13M | 4.9% | 13 / 23 | 18 / 11 | 4M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SNDL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Amplify Alternative Harvest ETF | 5,177,734 | 1.97% | $6.99M | 6.31% | Jun 30, 2026 |
| AdvisorShares Pure Cannabis ETF | 400,728 | 0.15% | $540.98K | 1.58% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio Developed World ex-US ETF | 298,783 | 0.11% | $403.36K | 0.00% | Jun 30, 2026 |
| Dfa International Small Cap Value Portfolio | 172,438 | 0.07% | $151.30K | 0.00% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 164,900 | 0.06% | $244.05K | 0.00% | May 31, 2026 |
| Amplify Seymour Cannabis ETF | 156,636 | 0.06% | $211.46K | 0.25% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) International Small Cap ETF | 155,640 | 0.06% | $210.11K | 0.02% | Jun 30, 2026 |
| International Core Equity 2 Portfolio | 107,315 | 0.04% | $94.16K | 0.00% | Jul 31, 2026 |
| International Vector Equity Portfolio | 23,678 | 0.01% | $20.78K | 0.00% | Jul 31, 2026 |
| Brighthouse/Dimensional International Small Company Portfolio | 11,204 | 0.00% | $15.13K | 0.00% | Jun 30, 2026 |
| World ex U.S. Core Equity Portfolio | 5,618 | 0.00% | $4.93K | 0.00% | Jul 31, 2026 |
| International Sustainability Core 1 Portfolio | 4,981 | 0.00% | $4.37K | 0.00% | Jul 31, 2026 |
| AZL DFA International Core Equity Fund | 2,832 | 0.00% | $3.82K | 0.00% | Jun 30, 2026 |
| Blackstone Alternative Multi-Strategy Fund | -8,840 | -0.00% | -$11.93K | -0.00% | Jun 30, 2026 |
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Capital Llc Cannell on behalf of Cannell SMAs; Separately-managed | Dec 12, 2025 | 16,100 | $396.45K | Dec 12, 2025 | Open-market purchases |
| Capital Llc Cannell on behalf of Tristan Offshore Fund, Ltd. | Dec 12, 2025 | 26,279 | $396.45K | Dec 12, 2025 | Open-market purchases |
| Capital Llc Cannell on behalf of Pleiades Partners LLC | Dec 12, 2025 | 148,221 | $396.45K | Dec 12, 2025 | Open-market purchases |