SANDISK CORP (SNDK) — Hedge Fund Ownership Q1 2026
SNDK
- SANDISK CORP (SNDK) is held by 4 of 84 tracked hedge funds, with Situational Awareness LP (29%) and Appaloosa Management (3%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- New position in SNDK stock was initiated by Appaloosa Management (3%).
- The biggest increases in SNDK holdings came from Situational Awareness LP (+66%), highlighting conviction.
- The biggest decreases in SNDK holdings came from Polen Capital Management (-76%), suggesting profit-taking or de-risking.
- Overall, hedge funds increased exposure to SANDISK CORP (SNDK) by +66% vs the prior quarter.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Situational Awareness LP
|
28.87% | 1.8M | +66.19% | — | $1.11B | $635.34 | — |
| 2 |
Appaloosa Management
|
3.01% | 281K | NEW | — | $178.7M | $635.34 | — |
| 3 |
Duquesne Family Office
|
0.83% | 38K | NEW | — | $24.2M | $635.33 | — |
| 4 |
Polen Capital Management
|
0.00% | 453 | -75.65% | — | $287,809 | $635.34 | — |
| 4 | Total | — | 2.1M | +65.94% | — | $1.32B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.