13FPulse
SN

SNDK SANDISK CORP

2026Q2 · CUSIP 80004C200 · Memory & Storage · Sector: Semiconductors

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,775
Institutions that reported holding it to the SEC
Net increase in holders
+602
Last quarter 1,173 → now 1,775
How unusual is that
Top 1% in the market
Stronger buying than 99.9% of US stocks
What the filings say, in one paragraph

1,775 funds held SNDK at the end of 2026Q2, up 602 from the quarter before. That is stronger buying than 99.9% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $20.2B(YoY +175.3%), the P/E is 21.1x, return on equity is 72.7%. SNDK has had 4 buying rushes in its history, and the price moved +128.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Semiconductors sector, tagged Memory & Storage.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2025Q2: holders=412 2025Q3: holders=518 2025Q4: holders=733 2026Q1: holders=1173 2026Q2: holders=1775 -602 -301 +0 +301 +602 37011171864 25Q225Q325Q426Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 4 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 1% in the market
2026Q1 Top 1% in the market +30.9%
2025Q4 Top 1% in the market +14.4% +124.2%
2025Q3 Top 5% +3.1% +133.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
357
Change in large funds
+58
Total value they hold
$246.1B
Funds buying for the first time
728
Funds that sold out entirely
126
Price change that quarter
+16.5%
Funds holding puts (bearish)
60
Funds holding calls (bullish)
61

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
21.1
EPS (TTM)
$73.76
EPS YoY
Revenue (TTM)
$20.2B
Revenue YoY
+175.3%
Net margin
56.5%
ROE
72.7%
Debt ratio
30.1%
FCF (TTM)
$11.5B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2024-03-29: EPS 0.19 2024-09-27: EPS 1.46 2024-12-27: EPS 0.72 2025-03-28: EPS -13.33 2025-06-27: EPS -0.17 2025-10-03: EPS 0.75 2026-01-02: EPS 5.15 2026-04-03: EPS 23.03 2026-07-03: EPS 44.83 0B 4.5B 9.0B $B -14.66 17.33 49.31 202320242025202607/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
19 35 51 2026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-198M1.4B3.0B 202420252026
Latest quarter $3.0B (2026-04-03)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-07-03 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.