Question 1

How many shares of SAND does ROYCE & ASSOCIATES LP own?

Accepted Answer

ROYCE & ASSOCIATES LP previously held 0 shares of SAND (SANDSTORM GOLD LTD) before exiting the position in 2025-Q4.

Question 2

What is ROYCE & ASSOCIATES LP's SAND position worth?

Accepted Answer

ROYCE & ASSOCIATES LP's SAND position was last reported at $0 in 2025-Q4 before the exit.

Question 3

Is ROYCE & ASSOCIATES LP buying or selling SAND?

Accepted Answer

In 2025-Q4, ROYCE & ASSOCIATES LP exited their SAND position entirely (-100.0% change in shares).

Question 4

When did ROYCE & ASSOCIATES LP first buy SAND?

Accepted Answer

Based on available 13F filings, ROYCE & ASSOCIATES LP first reported a position in SAND in 2019-Q1. They have held the position across 28 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q4 Latest	Exited	0	-100.0%	$0	0.0%	—	0
2025-Q3	Decreased	507,500	-28.3%	$6.4M	0.1%	—	0
2025-Q2	Decreased	707,500	-8.7%	$6.7M	0.1%	—	0
2025-Q1	Decreased	775,000	-1.3%	$5.9M	0.1%	—	0
2024-Q4	Decreased	785,000	-3.1%	$4.4M	0.0%	—	0
2024-Q3	Unchanged	810,000	0.0%	$4.9M	0.0%	—	0
2024-Q2	Unchanged	810,000	0.0%	$4.4M	0.0%	—	0
2024-Q1	Unchanged	810,000	0.0%	$4.3M	0.0%	—	0
2023-Q4	Unchanged	810,000	0.0%	$4.1M	0.0%	—	0
2023-Q3	Unchanged	810,000	0.0%	$3.8M	0.0%	—	0
2023-Q2	Unchanged	810,000	0.0%	$4.1M	0.0%	—	0
2023-Q1	Unchanged	810,000	0.0%	$4.7M	0.0%	—	0
2022-Q4	Unchanged	810,000	0.0%	$4.3M	0.0%	—	0
2022-Q3	Unchanged	810,000	0.0%	$4.2M	0.0%	—	0
2022-Q2	Unchanged	810,000	0.0%	$4.8M	0.0%	—	0
2022-Q1	Unchanged	810,000	0.0%	$6.5M	0.1%	—	0
2021-Q4	Unchanged	810,000	0.0%	$5M	0.0%	—	0
2021-Q3	Unchanged	810,000	0.0%	$4.7M	0.0%	—	0
2021-Q2	Unchanged	810,000	0.0%	$6.4M	0.0%	—	0
2021-Q1	Unchanged	810,000	0.0%	$5.5M	0.0%	—	0
2020-Q4	Unchanged	810,000	0.0%	$5.8M	0.0%	—	0
2020-Q3	Unchanged	810,000	0.0%	$6.8M	0.1%	—	0
2020-Q2	Unchanged	810,000	0.0%	$7.8M	0.1%	—	0
2020-Q1	Unchanged	810,000	0.0%	$4.1M	0.1%	—	0
2019-Q4	Unchanged	810,000	0.0%	$6M	0.1%	—	0
2019-Q3	Increased	810,000	+58.8%	$4.6M	0.0%	—	38
2019-Q2	Unchanged	510,000	0.0%	$2.8M	0.0%	—	0
2019-Q1	New	510,000	-	$2.8M	0.0%	—	36

SAND28 quarters

SAND
28 quarters