Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in SND held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | GENDELL JEFFREY L | 3.1M | $16.0M | 0.0% | 7.274% | 0.22% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 1.2M | $6.1M | — | 2.754% | 0.00% |
| 3 | DIMENSIONAL FUND ADVISORS LP | 799K | $4.1M | +25.6% | 1.858% | 0.00% |
| 4 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 799K | $4.1M | +59.5% | 1.858% | 0.00% |
| 5 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 785K | $4.0M | +28.7% | 1.826% | 0.08% |
| 6 | SPROTT INC. | 750K | $3.8M | 0.0% | 1.745% | 0.12% |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 741K | $3.8M | +762.5% | 1.723% | 0.00% |
| 8 | Simcoe Capital LLC | 620K | $3.2M | — | 1.443% | 2.91% |
| 9 | MILLENNIUM MANAGEMENT LLC | 485K | $2.5M | +1339.9% | 1.129% | 0.00% |
| 10 | BlackRock, Inc. | 484K | $2.5M | +12.1% | 1.125% | 0.00% |
| 11 | MARSHALL WACE, LLP | 476K | $2.4M | +23.6% | 1.106% | 0.00% |
| 12 | JB CAPITAL PARTNERS LP | 460K | $2.3M | 0.0% | 1.070% | 0.40% |
| 13 | Truffle Hound Capital, LLC | 440K | $2.3M | +100.0% | 1.024% | 1.38% |
| 14 | GEODE CAPITAL MANAGEMENT, LLC | 433K | $2.2M | -0.4% | 1.007% | 0.00% |
| 15 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 350K | $1.8M | +13.0% | 0.815% | 0.01% |
| 16 | SEI INVESTMENTS CO | 333K | $1.7M | +78.5% | 0.774% | 0.00% |
| 17 | RITHOLTZ WEALTH MANAGEMENT | 277K | $1.4M | +33.5% | 0.645% | 0.02% |
| 18 | EAM Investors, LLC | 240K | $1.2M | 0.0% | 0.559% | 0.14% |
| 19 | Empowered Funds, LLC | 237K | $1.2M | +9.5% | 0.551% | 0.01% |
| 20 | AMERICAN CENTURY COMPANIES INC | 220K | $1.1M | +679.8% | 0.511% | 0.00% |
| 21 | BANK OF AMERICA CORP /DE/ | 203K | $1.0M | +52.3% | 0.472% | 0.00% |
| 22 | CWA Asset Management Group, LLC | 193K | $988K | +149.9% | 0.449% | 0.04% |
| 23 | TWO SIGMA INVESTMENTS, LP | 188K | $963K | — | 0.438% | 0.00% |
| 24 | VANGUARD FIDUCIARY TRUST CO | 171K | $877K | — | 0.399% | 0.00% |
| 25 | WINTON GROUP Ltd | 162K | $828K | — | 0.376% | 0.03% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SND — a direct measure of their conviction.
Filings activity in SND during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 79 | +23% | 36.85% | +13.97 pp | $84M | +61% |
| Q4 2025 | 64 | +42% | 22.88% | +12.84 pp | $52M | +128% |
| Q3 2025 | 45 | 15% | 10.04% | +1.10 pp | $23M | +12% |
| Q2 2025 | 53 | 10% | 8.94% | 2.50 pp | $20M | 22% |
| Q1 2025 | 59 | +18% | 11.44% | +2.66 pp | $26M | +30% |
| Q4 2024 | 50 | +19% | 8.78% | +1.47 pp | $20M | +20% |
| Q3 2024 | 42 | 2.3% | 7.31% | 0.57 pp | $17M | 7.3% |
| Q2 2024 | 43 | — | 7.88% | — | $18M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SND stock.
Based on Q1 2026 13F filings, institutional ownership of Smart Sand, Inc. stands at 36.9%, held across 79 reporting institutions.
GENDELL JEFFREY L is the largest reported institutional holder of SND, with approximately 3,126,915 shares worth $0.02B as of Q1 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of SND, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for SND is 77 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
27 institutions opened new positions in SND during Q1 2026, while 12 fully exited. 46 added to existing positions and 6 trimmed.
SND institutional ownership rose by 13.97 percentage points quarter-over-quarter, with a net change of +15 holders.
The top 10 institutions account for 59.4% of all reported 13F value in SND, and the top 25 account for 85.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Smart Sand, Inc. (SND) Institutional Ownership