SNDL Inc. (SNDL) Ownership

NASDAQ: SNDLTop holders, insider trades and short interest.

SNDL ownership summary

as of October 18, 2026
Institutions
21.8%
of shares outstanding
Insiders
1.73%
of shares outstanding
Shares outstanding
246.1M
Float
213.4M
shares available to trade
Short interest
0.73%
1.8M shares short
Days to cover
1.38
short interest down 6.0% vs prior month
  • Institutions 21.76%
  • Insiders 1.73%
  • Other investors 76.52%

SNDL top institutional holders

20 largest
SNDL Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Morgan Stanley - Brokerage Accounts4.15%10.2M$12.8M−1.2M (−10.5%)June 30, 2026
2Cannell Capital LLC3.51%8.6M$10.8M−121,774 (−1.4%)June 30, 2026
3Tidal Investments LLC.2.17%5.3M$6.7M−176,305 (−3.2%)June 30, 2026
4Arrowstreet Capital Limited Partnership0.96%2.4M$2.9M−639,022 (−21.3%)June 30, 2026
5Citadel Advisors Llc0.88%2.2M$2.7M+286,969 (+15.3%)June 30, 2026
6MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.0.86%2.1M$2.6M−125,388 (−5.6%)June 30, 2026
7The Goldman Sachs Group Inc0.80%2.0M$2.5M+788,392 (+66.7%)June 30, 2026
8Susquehanna International Group, LLP0.78%1.9M$2.4M+351,097 (+22.5%)June 30, 2026
9Ewing Morris & Co Investment Partners Ltd0.60%1.5M$1.9M+180,000 (+13.8%)June 30, 2026
10JPMorgan Chase & Co0.51%1.3M$1.6M−135,767 (−9.7%)June 30, 2026
11Jane Street Group LLC0.47%1.2M$1.5M+841,619 (+260.2%)June 30, 2026
12Renaissance Technologies Corp0.43%1.1M$1.3M+449,567 (+74.7%)June 30, 2026
13Man Group PLC0.37%909K$1.1M+80,976 (+9.8%)June 30, 2026
14Lazard Asset Management LLC0.35%864K$1.1M−185,845 (−17.7%)June 30, 2026
15Resources Investment Advisors Inc0.24%585K$731,419+369,642 (+171.5%)June 30, 2026
16Winton Capital Group Ltd0.20%500K$625,566+2,020 (+0.4%)June 30, 2026
17State Street Corp0.18%454K$568,029+1,304 (+0.3%)June 30, 2026
18SIMPLEX TRADING, LLC0.18%443K$553,346+44,743 (+11.2%)June 30, 2026
19Group One Trading, LLC0.18%432K$539,816+161,926 (+60.0%)June 30, 2026
20AdvisorShares Investments, LLC0.16%401K$500,910−3.1M (−88.6%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 12 holders added 3.6M shares and 8 cut 5.7M.

SNDL top mutual fund and ETF holders

14 largest
SNDL Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1ETFMG Alternative Harvest ETF2.01%4.9M$6.2M+170,004 (+3.6%)September 30, 2026
2Global X Marijuana Life Sciences ETF0.86%2.1M$2.7M−27,219 (−1.3%)August 31, 2026
3AdvisorShares Pure Cannabis ETF0.32%789K$986,021—September 30, 2026
4Lazard Baylight US Sm Cap Eq WW Dist EUR0.30%729K$911,410−195,500 (−21.1%)June 30, 2026
5State Street® SPDR® Ptf Dev Wld exUS ETF0.12%304K$379,669—September 30, 2026
6CANSOUL Fonds Hanf Aktien Global EUR C0.10%250K$312,500—August 31, 2026
7State Street® SPDR® S&P® Intl Sm Cp ETF0.08%188K$234,935—September 30, 2026
8Amplify Seymour Cannabis ETF0.06%151K$188,895—September 30, 2026
9DFA International Small Cap Value I0.05%117K$146,338−55,368 (−32.1%)August 31, 2026
10Brighthouse/Dimensional Intl Sm Cm A<0.01%11K$14,005—June 30, 2026
11AZL® DFA International Core Equity<0.01%2,832$3,540—June 30, 2026
12Man Balanced Managed Retail Acc A<0.01%631$789−23 (−3.5%)March 31, 2026
13Man Stockmarket Managed Retail Acc A<0.01%315$394−12 (−3.7%)March 31, 2026
14Fidelity Nasdaq Composite Index0.00%122$152−164,778 (−99.9%)August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

SNDL shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns SNDL

Institutional investors own 21.8% of SNDL's shares and insiders 1.73%. The largest holder is Morgan Stanley - Brokerage Accounts with 4.15% of the shares (10.2M), as of June 30, 2026. Among the top 20 institutions, 12 added shares and 8 reduced their stake in the latest filings. Short interest is 0.73% of the float, or 1.38 days of average trading volume. The share count rose 3,254.4% since 2018.

Related: SNDL analyst forecast, SNDL key metrics. See the SNDL stock overview for the latest quote and news.

SNDL ownership FAQ

Who owns the most SNDL stock?

The largest shareholders of SNDL are Morgan Stanley - Brokerage Accounts (4.15%), Cannell Capital LLC (3.51%), Tidal Investments LLC. (2.17%), Arrowstreet Capital Limited Partnership (0.96%), Citadel Advisors Llc (0.88%).

What percentage of SNDL is owned by institutions?

Institutions hold 21.8% of SNDL's shares outstanding; insiders hold 1.73%.

Which funds own SNDL?

The largest fund holders of SNDL are ETFMG Alternative Harvest ETF (2.01%), Global X Marijuana Life Sciences ETF (0.86%), AdvisorShares Pure Cannabis ETF (0.32%), Lazard Baylight US Sm Cap Eq WW Dist EUR (0.30%), State Street® SPDR® Ptf Dev Wld exUS ETF (0.12%).

What is SNDL's short interest?

1.8M shares of SNDL were sold short, 0.73% of the float; at the average daily volume it would take 1.38 days to cover.

How many shares of SNDL are outstanding?

SNDL has 246.1M shares outstanding, of which 213.4M are in the public float.

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