Chuck Royce's SAND Position Overview
Chuck Royce (via Royce & Associates Lp) currently holds 507,500 shares of Sandstorm Gold Ltd. (SAND) worth $6.35 M, representing 0.06% of the portfolio. First purchased in 2016-Q2, this long-term strategic position has been held for 38 quarters.
Based on 13F filings, Chuck Royce has maintained a strategic position in SAND, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2019, adding 300,000 shares. Largest reduction occurred in Q3 2025, reducing 200,000 shares.
Analysis based on 13F filings available since 2013 Q2
Chuck Royce's Sandstorm Gold (SAND) Holding Value Over Time
Track share changes against reported price movement
Quarterly Sandstorm Gold (SAND) Trades by Chuck Royce
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2016 | +64,700 | New Buy | 64,700 | $4.47 |
| Q3 2016 | +1,100 | Add 1.70% | 65,800 | $5.03 |
| Q4 2016 | +193,100 | Add 293.47% | 258,900 | $3.90 |
| Q1 2017 | -114,200 | Reduce 44.11% | 144,700 | $4.27 |
| Q2 2017 | +161,800 | Add 111.82% | 306,500 | $3.87 |
| Q3 2017 | -36,900 | Reduce 12.04% | 269,600 | $4.54 |
| Q4 2017 | +400 | Add 0.15% | 270,000 | $4.99 |
| Q1 2018 | +41,400 | Add 15.33% | 311,400 | $4.76 |
| Q2 2018 | -41,400 | Reduce 13.29% | 270,000 | $4.50 |
| Q3 2018 | +240,000 | Add 88.89% | 510,000 | $3.73 |
| Q3 2019 | +300,000 | Add 58.82% | 810,000 | $5.64 |
| Q4 2024 | -25,000 | Reduce 3.09% | 785,000 | $5.58 |
| Q1 2025 | -10,000 | Reduce 1.27% | 775,000 | $7.55 |
| Q2 2025 | -67,500 | Reduce 8.71% | 707,500 | $9.40 |
| Q3 2025 | -200,000 | Reduce 28.27% | 507,500 | $12.52 |
Chuck Royce's Sandstorm Gold Investment FAQs
Chuck Royce first purchased Sandstorm Gold Ltd. (SAND) in Q2 2016, acquiring 64,700 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chuck Royce has held Sandstorm Gold Ltd. (SAND) for 38 quarters since Q2 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chuck Royce's largest addition to Sandstorm Gold Ltd. (SAND) was in Q3 2019, adding 810,000 shares worth $4.57 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Chuck Royce's firm, Royce & Associates Lp, owns 507,500 shares of Sandstorm Gold Ltd. (SAND), valued at approximately $6.35 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Sandstorm Gold Ltd. (SAND) represents approximately 0.06% of Chuck Royce's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chuck Royce's peak holding in Sandstorm Gold Ltd. (SAND) was 810,000 shares, as reported at the end of Q3 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.