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Disclosery

SNDL SNDL INC

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COM (common), issuer CIK 1766600

121 managers (122 13F filers) reported a position in SNDL shares at 2025-12-31, 56,738,417 shares in all. 17 filers opened a position and 24 filers sold out during the quarter.

Managers
121
13F filers
122
New
17
Added
36
Reduced
28
Sold out
24
Shares held by filers
56,738,417

Shares held by filers adds up every 13F filer's report, so a share reported by a parent and by its subsidiary counts twice (H9). Managers counts each filer group once.

13D and 13G filers

No 13D or 13G on this security in the data. Structured 13D/G data starts 2024-12-18.

Insider trades

No Form 4 transaction on this security in the data.

13F holders, Q4 2025

Filers in the available 13F reports with a share position at 2025-12-31, filer groups collapsed to one row (method), largest first. Options and principal amounts are left out. A group row states no % of portfolio, since each member reports its own portfolio: the members' percents are listed under it. A value about 1,000 times or 1/1,000 of the price other filers imply is shown as filed but neither ranks the row nor enters a sum.

HolderSharesValue% of portfolioChangeSource
MORGAN STANLEYin group MORGAN STANLEY12,417,045$20.6M<0.01%+70,90713F-HR/ATimelineGroup
CANNELL CAPITAL LLC8,761,155$14.5M9.28%-190,60013F-HRTimeline
Tidal Investments LLCin group Tidal Investments LLC5,173,898$8.59M0.04%-912,41913F-HRTimelineGroup
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPin group ARROWSTREET CAPITAL, LIMITED …4,087,827$6.77M<0.01%-534,95913F-HRTimelineGroup
AdvisorShares Investments LLC3,637,388$6.04M1.01%+344,89613F-HRTimeline
CITADEL ADVISORS LLCin group CITADEL ADVISORS LLC2,156,636$3.58M<0.01%-24,21813F-HRTimelineGroup
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.in group Mirae Asset Global Investment…1,912,386$3.17M<0.01%+266,38613F-HRTimelineGroup
JANE STREET GROUP, LLCin group JANE STREET GROUP, LLC1,806,100$3M<0.01%+271,78213F-HRTimelineGroup
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC1,365,158$2.27M<0.01%+395,58513F-HR/ATimelineGroup
SUSQUEHANNA INTERNATIONAL GROUP, LLPgroup of 3 filers holding1,299,386$2.16M+1,102,952Timeline
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO1,284,775$2.13M<0.01%-595,40713F-HRTimelineGroup
MILLENNIUM MANAGEMENT LLCin group MILLENNIUM MANAGEMENT LLC1,156,161$1.92M<0.01%+630,87013F-HRTimelineGroup
Ewing Morris & Co. Investment Partners …1,051,222$1.75M0.77%+100,00013F-HRTimeline
LAZARD ASSET MANAGEMENT LLCin group LAZARD ASSET MANAGEMENT LLC918,107$1.52M<0.01%+123,50813F-HRTimelineGroup
HRT FINANCIAL LP811,395$1.35M<0.01%new13F-HRTimeline
Qube Research & Technologies Ltd671,553$1.11M<0.01%+340,87813F-HRTimeline
Man Group plcin group Man Group plc530,328$880K<0.01%+66,74013F-HRTimelineGroup
WINTON GROUP Ltdin group WINTON GROUP Ltd467,009$775K0.03%+112,50113F-HRTimelineGroup
State of Wyoming434,150$721K0.08%+87,97013F-HRTimeline
STATE STREET CORPin group STATE STREET CORP432,441$718K<0.01%+11,15213F-HRTimelineGroup
Cambria Investment Management, L.P.400,682$665K0.04%-124,92413F-HRTimeline
Virtu Financial LLCin group Virtu Financial LLC361,260$600K0.02%+296,95313F-HRTimelineGroup
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/339,043$563K<0.01%-30,32613F-HRTimelineGroup
MACKENZIE FINANCIAL CORP336,271$554K<0.01%+84,38713F-HRTimeline
SIMPLEX TRADING, LLC332,781$552K0.02%-60,77513F-HRTimeline
DIMENSIONAL FUND ADVISORS LPin group DIMENSIONAL FUND ADVISORS LP328,065$545K<0.01%013F-HRTimelineGroup
Cable Car Capital, LP306,195$508K0.03%013F-HRTimeline
SkyView Investment Advisors, LLC297,828$494K0.06%+2,04713F-HRTimeline
Baader Bank Aktiengesellschaft250,269$415K0.03%-2,27313F-HRTimeline
RBF Capital, LLC250,000$415K0.02%-150,00013F-HR/ATimeline
OneDigital Investment Advisors LLC207,528$344K<0.01%-1,55113F-HRTimeline
Point72 Asset Management, L.P.in group Point72 Asset Management, L.P.188,449$313K<0.01%+112,35613F-HRTimelineGroup
GEODE CAPITAL MANAGEMENT, LLCin group GEODE CAPITAL MANAGEMENT, LLC164,900$274K<0.01%013F-HRTimelineGroup
GSA CAPITAL PARTNERS LLP160,320$266K0.02%-22,25513F-HRTimeline
Engineers Gate Manager LP152,499$253K<0.01%-26,61313F-HRTimeline
BlackRock, Inc.in group BlackRock, Inc.150,821$250K<0.01%+84,02813F-HRTimelineGroup
IMC-Chicago, LLC149,217$248K<0.01%new13F-HRTimeline
Magnus Financial Group LLC148,246$246K0.02%013F-HRTimeline
UBS Group AGin group UBS Group AG144,241$239K<0.01%+87,79913F-HRTimelineGroup
ALGERT GLOBAL LLC136,530$227K<0.01%+54,37013F-HR/ATimeline
Headlands Technologies LLC133,796$222K0.02%+25,14813F-HRTimeline
Graham Capital Management, L.P.133,694$222K0.01%new13F-HRTimeline
Federation des caisses Desjardins du Qu…102,550$170K<0.01%-5,47013F-HRTimeline
Leonteq Securities AG89,072$148K0.01%-9,60613F-HRTimeline
OXFORD ASSET MANAGEMENT LLP88,749$147K0.05%new13F-HRTimelineThe filing omitted confidential holdings, a later amendment may add them.
Brevan Howard Capital Management LPin group Brevan Howard Capital Managem…88,071$146K<0.01%new13F-HRTimelineGroup
XTX Topco Ltdin group XTX Topco Ltd83,988$139K<0.01%+62,75813F-HRTimelineGroup
Squarepoint Ops LLCin group Squarepoint Ops LLC82,323$137K<0.01%+24,71313F-HRTimelineGroup
TWO SIGMA SECURITIES, LLC76,196$126K0.02%-78513F-HRTimeline
R Squared Ltd74,322$123K0.06%-30,68313F-HRTimeline
TWO SIGMA ADVISERS, LPin group TWO SIGMA INVESTMENTS, LP53,400$88.6K<0.01%+70013F-HRTimelineGroup
Vontobel Holding Ltd.in group Vontobel Holding Ltd.42,223$70.1K<0.01%013F-HRTimelineGroup
SG Americas Securities, LLC41,768$69K<0.01%new13F-HRTimeline
COMMONWEALTH EQUITY SERVICES, LLC35,346$58.7K<0.01%-1,07513F-HRTimeline
Caprock Group, LLC35,000$58.1K<0.01%+10,00013F-HRTimeline
SBI Securities Co., Ltd.33,044$54.9K<0.01%-2,16913F-HRTimeline
Corient Private Wealth LPin group Corient Private Wealth LP30,114$50K<0.01%-11,00013F-HR/ATimelineGroup
SCOTIA CAPITAL INC.27,394$45.3K<0.01%-4,01913F-HRTimeline
CITIGROUP INCin group CITIGROUP INC25,563$42.4K<0.01%-3,92513F-HRTimelineGroup
LPL Financial LLC25,280$42K<0.01%-12,41813F-HRTimeline
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA24,645$41K<0.01%-2,199,86513F-HRTimelineGroup
Hilton Capital Management, LLC24,634$40.9K<0.01%013F-HRTimeline
JEPPSON WEALTH MANAGEMENT, LLC20,000$33.2K0.01%013F-HRTimeline
FSM Wealth Advisors, LLC20,000$33.2K<0.01%new13F-HRTimeline
PFG Investments, LLC20,000$33.2K<0.01%+7,00013F-HRTimeline
EntryPoint Capital, LLC18,271$30.3K0.01%013F-HRTimeline
RAYMOND JAMES FINANCIAL INCin group RAYMOND JAMES FINANCIAL INC14,526$24.1K<0.01%new13F-HRTimelineGroup
StoneX Group Inc.in group StoneX Group Inc.13,376$22.2K<0.01%new13F-HRTimelineGroup
CoreCap Advisors, LLC11,136$18.5K<0.01%013F-HRTimeline
Revisor Wealth Management LLC10,630$17.3K<0.01%-1,27913F-HRTimeline
HOEY INVESTMENTS, INC10,040$16.7K<0.01%013F-HRTimeline
NAPLES GLOBAL ADVISORS, LLC10,000$16.6K<0.01%013F-HRTimeline
PFS Partners, LLC9,000$14.9K0.01%+3,00013F-HRTimeline
OSAIC HOLDINGS, INC.in group OSAIC HOLDINGS, INC.7,821$13K<0.01%+1,12013F-HRTimelineGroup
Security National Bank6,445$10.7K<0.01%+5,87013F-HRTimeline
TD Waterhouse Canada Inc.6,459$10.7K<0.01%+1,78513F-HRTimeline
Caitong International Asset Management …5,218$8.66K<0.01%new13F-HR/ATimeline
NewEdge Advisors, LLC3,263$5.42K<0.01%+74613F-HRTimeline
HighMark Wealth Management LLC3,000$4.98K<0.01%013F-HRTimeline
LOUISBOURG INVESTMENTS INC.2,900$4.81K<0.01%013F-HRTimeline
Quantbot Technologies LP2,544$4.22K<0.01%new13F-HRTimeline
LRI Investments, LLC1,900$3.15K<0.01%013F-HRTimeline
DV Trading LLC1,400$2.32K<0.01%13F-HRTimeline
CWM, LLCin group CWM, LLC1,260$2K<0.01%+1,06613F-HRTimelineGroup
IFP Advisors, Inc1,180$1.96K<0.01%+13013F-HRTimeline
Allworth Financial LP1,000$1.66K<0.01%013F-HRTimeline
Arax Advisory Partners989$1.64K<0.01%+13013F-HRTimeline
NATIONAL BANK OF CANADA /FI/in group NATIONAL BANK OF CANADA /FI/880$1.4K<0.01%+67013F-HRTimelineGroup
Global Retirement Partners, LLC802$1.33K<0.01%013F-HRTimeline
FNY Investment Advisers, LLC1,000$1K<0.01%013F-HRTimeline
Farther Finance Advisors, LLC600$996<0.01%013F-HRTimeline
Ravenstone Capital Management Inc.383$630<0.01%013F-HRTimeline
CIBC Private Wealth Group LLCin group CIBC Bancorp USA Inc.290$481<0.01%013F-HRTimelineGroup
Clean Yield Group222$369<0.01%013F-HRTimeline
HARBOUR INVESTMENTS, INC.200$332<0.01%-26013F-HRTimeline
Prestige Wealth Management Group LLC183$304<0.01%013F-HRTimeline
Aventura Private Wealth, LLC130$216<0.01%013F-HRTimeline
Asset Dedication, LLC100$166<0.01%013F-HRTimeline
Darwin Wealth Management, LLC100$166<0.01%013F-HRTimeline
FLAGSHIP HARBOR ADVISORS, LLC95$158<0.01%new13F-HRTimeline
Cape Investment Advisory, Inc.92$153<0.01%013F-HRTimeline
Robinswood Financial LLC65$107<0.01%new13F-HRTimeline
NORTHWESTERN MUTUAL WEALTH MANAGEMENT COin group NORTHWESTERN MUTUAL INVESTMEN…60$100<0.01%-17,61113F-HR/ATimelineGroup
Plante Moran Financial Advisors, LLC60$100<0.01%013F-HRTimeline
Smallwood Wealth Investment Management,…50$83<0.01%013F-HRTimeline
SHP Wealth Management47$78<0.01%13F-HRTimeline
SageView Advisory Group, LLC34$57<0.01%new13F-HRTimeline
Friedenthal Financial30$50<0.01%013F-HRTimeline
TUCKER ASSET MANAGEMENT LLC30$50<0.01%new13F-HRTimeline
PRIVATE TRUST CO NA26$43<0.01%013F-HRTimeline
ASSETMARK, INCin group ASSETMARK, INC24$40<0.01%-11113F-HRTimelineGroup
Quaker Wealth Management, LLC20$34<0.01%013F-HRTimeline
Addison Advisors LLC20$34<0.01%013F-HRTimeline
Game Plan Financial Advisors, LLC20$33<0.01%013F-HRTimeline
Abound Wealth Management15$25<0.01%013F-HRTimeline
Olistico Wealth, LLC12$20<0.01%new13F-HRTimeline
Bullseye Investment Management, LLC10$17<0.01%new13F-HRTimeline
Sound Income Strategies, LLC10$16<0.01%013F-HRTimeline
HOLLENCREST CAPITAL MANAGEMENT5$8<0.01%013F-HRTimeline
Ancora Advisors LLCin group Ancora Advisors LLC2$3<0.01%013F-HRTimelineGroup
Coston, McIsaac & Partners5$00%013F-HRTimelineValue filed as zero, left out of ratios.