Sandstorm Gold Ltd.
US ˙ NYSE ˙ CA80013R2063
DETTE SYMBOL ER IKKE LÆNGERE AKTIVT

SecuritySAND / Sandstorm Gold Ltd.
InstitutionVan Eck Associates Corp
Latest Disclosed Ownership18,613,017 shares
Ownership 6.35%
Van Eck Associates Corp ownership in SAND / Sandstorm Gold Ltd.

2025-08-14 - Van Eck Associates Corp has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 18,613,017 shares of Sandstorm Gold Ltd. (US:SAND). This represents 6.35 percent ownership of the company. In their previous filing dated 2025-03-07 , Van Eck Associates Corp had reported owning 23,766,253 shares, indicating a decrease of -21.68 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2025-08-14 2025-08-14 13G/A 23,766,253 18,613,017 -21.68 6.35 -20.63
2025-03-07 2025-03-07 13G/A 28,894,417 23,766,253 -17.75 8.00 -17.44
2023-02-14 2023-02-14 13G/A 19,043,566 28,894,417 51.73 9.69 -2.61
2022-02-10 2022-02-10 13G/A 22,282,858 19,043,566 -14.54 9.95 -14.08
2021-02-11 2021-02-11 13G/A 20,917,114 22,282,858 6.53 11.58 -2.93
2020-02-11 2020-02-11 13G/A 24,548,823 20,917,114 -14.79 11.93 -11.24
2019-02-11 2019-02-11 13G/A 21,348,841 24,548,823 14.99 13.44 14.97
2018-02-12 2018-02-12 13G/A 15,411,226 21,348,841 38.53 11.69 15.29
2017-07-07 2017-07-07 13G/A 25,933,076 15,411,226 -40.57 10.14 -40.46
2017-02-13 2017-02-13 13G/A 26,810,079 25,933,076 -3.27 17.03 -4.49
2016-10-07 2016-10-07 13G/A 15,172,380 26,810,079 76.70 17.83 76.53
2016-09-08 2016-09-08 13G/A 8,472,757 15,172,380 79.07 10.10 53.03
2016-02-11 2016-02-11 13G/A 8,472,757 6.60
2015-02-12 2015-02-12 13G/A 7,363,589 6.26
2014-07-10 2014-07-10 13G/A 11,742,626 10.56
2014-02-12 2014-02-12 13G 6,848,613 6.86

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F Sandstorm Gold COM NEW 80013R206 0 -100.00 0
2025-11-13 2025-09-30 13F Sandstorm Gold COM NEW 80013R206 23,816,449 5,203,970 27.96 298 71.26 0.2770
2025-08-14 2025-06-30 13F Sandstorm Gold COM NEW 80013R206 18,612,479 -2,338,645 -11.16 175 10.13 0.1980
2025-05-15 2025-03-31 13F Sandstorm Gold COM NEW 80013R206 20,951,124 -2,727,997 -11.52 158 19.70 0.2045
2025-01-29 2024-12-31 13F Sandstorm Gold COM NEW 80013R206 23,679,121 -3,006,497 -11.27 132 -22.35 0.1692
2024-10-29 2024-09-30 13F Sandstorm Gold COM NEW 80013R206 26,685,618 59,144 0.22 171 18.06 0.2133
2024-07-31 2024-06-30 13F Sandstorm Gold COM NEW 80013R206 26,626,474 -3,916,200 -12.82 145 -10.00 0.2058
2024-04-30 2024-03-31 13F Sandstorm Gold COM NEW 80013R206 30,542,674 1,703,874 5.91 160 10.34 0.2424
2024-02-05 2023-12-31 13F Sandstorm Gold COM NEW 80013R206 28,838,800 657,177 2.33 145 10.69 0.2639
2023-11-08 2023-09-30 13F Sandstorm Gold COM NEW 80013R206 28,181,623 -312,173 -1.10 131 -9.66 0.2882
2023-08-03 2023-06-30 13F Sandstorm Gold COM NEW 80013R206 28,493,796 -2,886,854 -9.20 146 -20.33 0.3193
2023-05-03 2023-03-31 13F Sandstorm Gold COM NEW 80013R206 31,380,650 2,478,664 8.58 182 19.74 0.4151
2023-02-08 2022-12-31 13F Sandstorm Gold COM NEW 80013R206 28,901,986 159,721 0.56 152 -99.90 0.3928
2022-10-27 2022-09-30 13F Sandstorm Gold COM NEW 80013R206 28,742,265 8,319,993 40.74 148,598 22.29 0.4422
2022-08-03 2022-06-30 13F Sandstorm Gold COM NEW 80013R206 20,422,272 132,237 0.65 121,513 -25.88 0.3222
2022-05-10 2022-03-31 13F Sandstorm Gold COM NEW 80013R206 20,290,035 1,246,469 6.55 163,943 38.85 0.3384
2022-01-26 2021-12-31 13F Sandstorm Gold COM NEW 80013R206 19,043,566 -1,790,020 -8.59 118,070 -1.61 0.2732
2021-11-03 2021-09-30 13F Sandstorm Gold COM NEW 80013R206 20,833,586 -604,050 -2.82 120,002 -29.05 0.3017
2021-08-10 2021-06-30 13F Sandstorm Gold COM NEW 80013R206 21,437,636 678,201 3.27 169,143 19.82 0.4002
2021-05-13 2021-03-31 13F Sandstorm Gold COM NEW 80013R206 20,759,435 -1,523,423 -6.84 141,164 -11.64 0.3840
2021-02-09 2020-12-31 13F Sandstorm Gold COM NEW 80013R206 22,282,858 1,713,075 8.33 159,768 -7.97 0.4653
2020-12-04 2020-09-30 13F/A-1 Sandstorm Gold COM NEW 80013R206 20,569,783 1,572,123 8.28 173,609 -5.01 0.5525
2020-11-12 2020-09-30 13F Sandstorm Gold COM NEW 80013R206 20,569,783 1,572,123 173,609 538,249.3455
2020-08-14 2020-06-30 13F/A-1 Sandstorm Gold COM NEW 80013R206 18,997,660 -515,963 -2.64 182,757 86.94 0.6366
2020-08-10 2020-06-30 13F Sandstorm Gold COM NEW 80013R206 18,997,660 -515,963 182,757 620,871.4690
2020-05-12 2020-03-31 13F Sandstorm Gold COM NEW 80013R206 19,513,623 -1,403,491 -6.71 97,763 -37.26 0.4965
2020-02-13 2019-12-31 13F Sandstorm Gold COM NEW 80013R206 20,917,114 795,297 3.95 155,832 37.31 0.6020
2019-11-08 2019-09-30 13F Sandstorm Gold COM NEW 80013R206 20,121,817 -684,710 -3.29 113,487 -1.55 0.5318
2019-08-07 2019-06-30 13F Sandstorm Gold COM NEW 80013R206 20,806,527 -1,129,570 -5.15 115,268 -4.11 0.5553
2019-05-13 2019-03-31 13F Sandstorm Gold COM NEW 80013R206 21,936,097 -2,612,726 -10.64 120,210 6.22 0.5905
2019-02-12 2018-12-31 13F Sandstorm Gold COM NEW 80013R206 24,548,823 -726,997 -2.88 113,170 20.04 0.5676
2018-11-13 2018-09-30 13F Sandstorm Gold COM NEW 80013R206 25,275,820 2,699,962 11.96 94,279 -7.20 0.4598
2018-08-13 2018-06-30 13F Sandstorm Gold COM NEW 80013R206 22,575,858 1,578,431 7.52 101,591 1.64 0.4750
2018-05-11 2018-03-31 13F Sandstorm Gold COM NEW 80013R206 20,997,427 -351,414 -1.65 99,948 -6.18 0.4968
2018-02-12 2017-12-31 13F Sandstorm Gold COM NEW 80013R206 21,348,841 1,232,061 6.12 106,531 16.64 0.5254
2017-11-09 2017-09-30 13F Sandstorm Gold COM NEW 80013R206 20,116,780 4,091,456 25.53 91,330 47.26 0.4665
2017-08-11 2017-06-30 13F Sandstorm Gold COM NEW 80013R206 16,025,324 -12,946,969 -44.69 62,018 -49.87 0.3391
2017-05-11 2017-03-31 13F Sandstorm Gold COM NEW 80013R206 28,972,293 3,039,217 11.72 123,712 22.32 0.5454
2017-02-09 2016-12-31 13F Sandstorm Gold COM NEW 80013R206 25,933,076 -1,456,660 -5.32 101,139 -26.59 0.5039
2016-11-14 2016-09-30 13F Sandstorm Gold COM NEW 80013R206 27,389,736 13,852,339 102.33 137,770 128.18 0.6412
2016-08-12 2016-06-30 13F Sandstorm Gold COM NEW 80013R206 13,537,397 3,188,647 30.81 60,377 77.33 0.3094
2016-05-13 2016-03-31 13F Sandstorm Gold COM NEW 80013R206 10,348,750 1,875,993 22.14 34,047 52.79 0.2293
2016-02-12 2015-12-31 13F Sandstorm Gold COM NEW 80013R206 8,472,757 820,811 10.73 22,283 9.06 0.1768
2015-11-12 2015-09-30 13F Sandstorm Gold COM NEW 80013R206 7,651,946 50,696 0.67 20,431 -8.58 0.1570
2015-08-12 2015-06-30 13F Sandstorm Gold COM NEW 80013R206 7,601,250 -1,002,414 -11.65 22,348 -20.81 0.1322
2015-05-14 2015-03-31 13F Sandstorm Gold COM NEW 80013R206 8,603,664 1,240,075 16.84 28,220 12.72 0.1629
2015-02-13 2014-12-31 13F Sandstorm Gold COM NEW 80013R206 7,363,589 -8,726,965 -54.24 25,036 -63.82 0.1556
2014-11-14 2014-09-30 13F Sandstorm Gold COM NEW 80013R206 16,090,554 4,422,773 37.91 69,189 -14.31 0.3665
2014-08-14 2014-06-30 13F SANDSTORM GOLD COM NEW 80013R206 11,667,781 2,160,929 22.73 80,741 52.48 0.3726
2014-05-08 2014-03-31 13F SANDSTORM GOLD COM NEW 80013R206 9,506,852 2,658,239 38.81 52,953 81.07 0.2628
2014-02-12 2013-12-31 13F SANDSTORM GOLD COM NEW 80013R206 6,848,613 407,487 6.33 29,244 -15.61 0.1477
2013-11-14 2013-09-30 13F SANDSTORM GOLD COM NEW 80013R206 6,441,126 626,111 10.77 34,653 1.87 0.1764
2013-08-14 2013-06-30 13F SANDSTORM GOLD COM NEW 80013R206 5,815,015 5,815,015 34,018 0.1853
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.