New Positions
24 managers initiated
Top five by reported value
- JANE STREET GROUP, LLC$1.7M
- MARSHALL WACE, LLP$1.5M
- EAM Investors, LLC$960.6K
- Truffle Hound Capital, LLC$880.0K
- Verdad Advisers, LP$404.0K
Smart Sand Inc NASDAQ NMS - GLOBAL MARKET:SND
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
24 new22 added18 reduced5 exited
Total Institutional Holders
64
as of 2025-12-31
Top Holder
GENDELL JEFFREY L
$12.5M
Largest QoQ Increase
JANE STREET GROUP, LLC
+432,562 sh
Largest QoQ Decrease
CastleKnight Management LP
-475,500 sh
New Positions(24)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| JANE STREET GROUP, LLC | 432,562 | +432,562 | $1.7M | +$1.7M | — |
| MARSHALL WACE, LLP | 384,872 | +384,872 | $1.5M | +$1.5M | — |
| EAM Investors, LLC | 240,141 | +240,141 | $960.6K | +$960.6K | — |
| Truffle Hound Capital, LLC | 220,000 | +220,000 | $880.0K | +$880.0K | — |
| Verdad Advisers, LP | 100,989 | +100,989 | $404.0K | +$404.0K | — |
| Walleye Capital LLC | 81,193 | +81,193 | $324.8K | +$324.8K | — |
| CWA Asset Management Group, LLC | 77,238 | +77,238 | $309.0K | +$309.0K | — |
| Point72 Asset Management, L.P. | 47,501 | +47,501 | $190.0K | +$190.0K | — |
| Connor, Clark & Lunn Investment Management Ltd. | 46,849 | +46,849 | $187.4K | +$187.4K | — |
| Hudson Bay Capital Management LP | 43,304 | +43,304 | $173.2K | +$173.2K | — |
| Qube Research & Technologies Ltd | 36,719 | +36,719 | $146.9K | +$146.9K | — |
| OMERS ADMINISTRATION Corp | 36,500 | +36,500 | $146.0K | +$146.0K | — |
| MILLENNIUM MANAGEMENT LLC | 33,702 | +33,702 | $134.8K | +$134.8K | — |
| AMERICAN CENTURY COMPANIES INC | 28,150 | +28,150 | $112.6K | +$112.6K | — |
| Centiva Capital, LP | 24,389 | +24,389 | $97.6K | +$97.6K | — |
| XTX Topco Ltd | 23,409 | +23,409 | $93.6K | +$93.6K | — |
| Kathmere Capital Management, LLC | 19,321 | +19,321 | $77.3K | +$77.3K | — |
| OCCUDO QUANTITATIVE STRATEGIES LP | 17,755 | +17,755 | $71.0K | +$71.0K | — |
| Balyasny Asset Management LLC | 14,678 | +14,678 | $58.7K | +$58.7K | — |
| Squarepoint Ops LLC | 14,282 | +14,282 | $57.1K | +$57.1K | — |
| CITIGROUP INC | 8,347 | +8,347 | $33.4K | +$33.4K | — |
| GROUP ONE TRADING, L.P. | 6,319 | +6,319 | $25.3K | +$25.3K | — |
| State of Wyoming | 5,957 | +5,957 | $23.8K | +$23.8K | — |
| ALGERT GLOBAL LLC | 45,535 | +45,535 | $182 | +$182 | — |
Added To(22)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| GENDELL JEFFREY L | 3,126,915 | +430,507 | $12.5M | +$6.7M | 16.0% |
| DIMENSIONAL FUND ADVISORS LP | 635,986 | +17,278 | $2.5M | +$1.2M | 2.8% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 500,806 | +116,390 | $2.0M | +$1.2M | 30.3% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 610,034 | +20,213 | $2.4M | +$1.2M | 3.4% |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 309,952 | +153,238 | $1.2M | +$904.4K | 97.8% |
| SEI INVESTMENTS CO | 186,334 | +145,439 | $745.3K | +$657.9K | 355.6% |
| RITHOLTZ WEALTH MANAGEMENT | 207,723 | +126,848 | $830.9K | +$657.8K | 156.8% |
| GOLDMAN SACHS GROUP INC | 175,053 | +148,346 | $700.2K | +$643.1K | 555.5% |
| BANK OF AMERICA CORP /DE/ | 133,203 | +132,968 | $532.8K | +$532.3K | 56582.1% |
| CITADEL ADVISORS LLC | 196,840 | +58,829 | $787.4K | +$492.0K | 42.6% |
| Empowered Funds, LLC | 216,416 | +20,213 | $865.7K | +$445.8K | 10.3% |
| STATE STREET CORP | 161,597 | +10,200 | $646.4K | +$322.4K | 6.7% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 85,879 | +45,181 | $343.5K | +$256.4K | 111.0% |
| NORTHERN TRUST CORP | 74,028 | +1,225 | $296.1K | +$140.3K | 1.7% |
| PRELUDE CAPITAL MANAGEMENT, LLC | 39,307 | +27,200 | $157.2K | +$131.3K | 224.7% |
| UBS Group AG | 33,790 | +29,778 | $135.2K | +$126.6K | 742.2% |
| ADVISOR GROUP HOLDINGS, INC. | 19,294 | +18,991 | $77.2K | +$76.5K | 6267.6% |
| MORGAN STANLEY | 27,980 | +6,258 | $111.9K | +$65.4K | 28.8% |
| LPL Financial LLC | 14,900 | +4,000 | $59.6K | +$36.3K | 36.7% |
| PRUDENTIAL FINANCIAL INC | 14,900 | +1,000 | $59.6K | +$29.9K | 7.2% |
| JPMORGAN CHASE & CO | 2,074 | +2,049 | $8.3K | +$8.2K | 8196.0% |
| NewEdge Advisors, LLC | 2,639 | +140 | $10.6K | +$5.2K | 5.6% |
Reduced(18)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 1,355,094 | -35,618 | $5.4M | +$2.4M | -2.6% |
| SPROTT INC. | 750,000 | 0 | $3.0M | +$1.4M | 0.0% |
| JB CAPITAL PARTNERS LP | 460,000 | 0 | $1.8M | +$855.6K | 0.0% |
| GEODE CAPITAL MANAGEMENT, LLC | 434,634 | -9,614 | $1.7M | +$788.4K | -2.2% |
| BlackRock, Inc. | 431,459 | -44,091 | $1.7M | +$708.2K | -9.3% |
| First Eagle Investment Management, LLC | 225,476 | -61,007 | $901.9K | +$288.8K | -21.3% |
| Main Street Financial Solutions, LLC | 28,120 | -134,380 | $112.5K | -$235.3K | -82.7% |
| CastleKnight Management LP | 448,673 | -475,500 | $1.8M | -$183.0K | -51.5% |
| RENAISSANCE TECHNOLOGIES LLC | 80,800 | -149,700 | $323.2K | -$170.1K | -64.9% |
| STIFEL FINANCIAL CORP | 85,949 | -122,346 | $343.8K | -$102.0K | -58.7% |
| Quartz Partners, LLC | 28,769 | -537 | $115.1K | +$52.4K | -1.8% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 17,439 | 0 | $69.8K | +$32.4K | 0.0% |
| TWO SIGMA SECURITIES, LLC | 10,675 | -997 | $42.7K | +$17.7K | -8.5% |
| FMR LLC | 1,448 | -148 | $5.8K | +$2.4K | -9.3% |
| ACADIAN ASSET MANAGEMENT LLC | 870,866 | -8,841 | $3.5K | +$1.6K | -1.0% |
| JONES FINANCIAL COMPANIES LLLP | 800 | 0 | $3.2K | +$1.5K | 0.0% |
| GSA CAPITAL PARTNERS LLP | 100,451 | -15,186 | $402 | +$155 | -13.1% |
| SBI Securities Co., Ltd. | 6 | 0 | $24 | +$11 | 0.0% |
Sold Out(5)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Royal Bank of Canada | 0 | -96,800 | $0 | -$222.0K | — |
| Man Group plc | 0 | -68,695 | $0 | -$147.0K | — |
| HIGHLINE WEALTH PARTNERS LLC | 0 | -5,000 | $0 | -$10.7K | — |
| Tower Research Capital LLC (TRC) | 0 | -1,149 | $0 | -$2.5K | — |
| BARCLAYS PLC | 0 | -37 | $0 | -$79 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| GENDELL JEFFREY L | 3,126,915 | $12.5M | +430,507 | 16.0% |
| VANGUARD GROUP INC | 1,355,094 | $5.4M | -35,618 | -2.6% |
| SPROTT INC. | 750,000 | $3.0M | 0 | 0.0% |
| DIMENSIONAL FUND ADVISORS LP | 635,986 | $2.5M | +17,278 | 2.8% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 610,034 | $2.4M | +20,213 | 3.4% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 500,806 | $2.0M | +116,390 | 30.3% |
| JB CAPITAL PARTNERS LP | 460,000 | $1.8M | 0 | 0.0% |
| CastleKnight Management LP | 448,673 | $1.8M | -475,500 | -51.5% |
| GEODE CAPITAL MANAGEMENT, LLC | 434,634 | $1.7M | -9,614 | -2.2% |
| JANE STREET GROUP, LLC | 432,562 | $1.7M | +432,562 | — |
| BlackRock, Inc. | 431,459 | $1.7M | -44,091 | -9.3% |
| MARSHALL WACE, LLP | 384,872 | $1.5M | +384,872 | — |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 309,952 | $1.2M | +153,238 | 97.8% |
| EAM Investors, LLC | 240,141 | $960.6K | +240,141 | — |
| First Eagle Investment Management, LLC | 225,476 | $901.9K | -61,007 | -21.3% |
| Truffle Hound Capital, LLC | 220,000 | $880.0K | +220,000 | — |
| Empowered Funds, LLC | 216,416 | $865.7K | +20,213 | 10.3% |
| RITHOLTZ WEALTH MANAGEMENT | 207,723 | $830.9K | +126,848 | 156.8% |
| CITADEL ADVISORS LLC | 196,840 | $787.4K | +58,829 | 42.6% |
| SEI INVESTMENTS CO | 186,334 | $745.3K | +145,439 | 355.6% |
New & Closed Positions this quarter
Closed Positions
5 managers exited
Top five by prior-quarter value
- Royal Bank of Canada$222.0K
- Man Group plc$147.0K
- HIGHLINE WEALTH PARTNERS LLC$10.7K
- Tower Research Capital LLC (TRC)$2.5K
- BARCLAYS PLC$79
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for SND against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.