Sonida Senior Living

SNDA • NYSE

Sonida Senior Living is a medical - care facilities company in the healthcare sector on NYSE, led by Brandon M. Ribar, with a market cap of $582.2M. As of Q3 2025, 73% of shares are held by 64 institutional investors, with Conversant Capital LLC as the largest holder at 49.22%.

President and Chief Executive OfficerBrandon M. Ribar

Market Cap$582.2M

Medical - Care Facilities

Healthcare

Employees4.0K

Websitesonidaseniorliving.com

Country

United States of America

Overview

Overview of institutional ownership in SNDA as of Q3 2025 with a market cap of $521.8M

All Institutions

Institutions: 64
Value Held: $378.9M
Shares Held: 13.7M
Avg Position: $5.9M
Median Position: $116.1K

Hedge Funds

Hedge Funds: 10
Value Held: $51.7M
Shares Held: 1.9M
Avg Position: $5.2M
Median Position: $4.1M

Ownership Breakdown

Institutional (non-HF)

62.71%

$327.2M

Hedge Funds

9.91%

$51.7M

Retail & Other

27.38%

$142.9M

Based on market cap of $521.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SNDA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
C Conversant Capital LLC Real Assets	Bryant Daniels CFO	$256.8M 53.72% of portfolio	49.22% 9.3M shares	Q4 2021 Held for 3y 11m	$478.1M
Timbercreek Asset Management Ltd. Real Assets	Samuel Joshua Sahn Managing Partner	$24.7M 4.65% of portfolio	4.73% 890.0K shares	Q4 2024 Held for 11 months	$530.9M
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$14.1M 0.04% of portfolio	2.70% 508.9K shares	Q3 2024 Held for 1y 2m	$33.0B
S Solas Capital Management, LLC Hedge Fund•Long/Short	Frederick Tucker Golden CIO	$13.0M 7.91% of portfolio	2.48% 467.7K shares	Q3 2021 Held for 4y 2m	$163.8M
B BlackRock, Inc. Institution	-	$12.1M 0.00% of portfolio	2.32% 437.2K shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$11.9M 0.00% of portfolio	2.28% 429.6K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Clayton Partners LLC Hedge Fund•Long/Short	Alex Gates CCO	$8.7M 6.57% of portfolio	1.66% 312.7K shares	Q3 2024 Held for 1y 2m	$131.9M
F Fort Hoosac Management, LLC Hedge Fund•Multi-Strategy	Paul Jerome Isaac President	$6.1M 4.16% of portfolio	1.16% 218.8K shares	≤ Q2 2013 Held for 12y 5m+	$145.9M
Emmett Investment Management, LP Hedge Fund•Long/Short	Alexander M Rohr Managing Partner	$5.6M 3.92% of portfolio	1.07% 201.0K shares	Q4 2024 Held for 11 months	$141.7M
MAKENA CAPITAL MANAGEMENT LLC Fund of Funds	Jackson Jacob Garton CIO	$5.1M 0.51% of portfolio	0.98% 185.0K shares	Q3 2024 Held for 1y 2m	$997.6M

Net Capital Flow

Institutional buying and selling activity for SNDA in Q3 2025

Traded: −$14.3M
Buyers: 29
Sellers: 26
Total Bought: +$4.0M
Total Sold: −$18.3M
Avg Position: $5.3M

Biggest Buyers

Institution	Net Bought	Current Position
Clayton Partners LLC Hedge Fund•Long/Short	+$1.4M +51.8K shares	$8.7M 312.7K shares
GOLDMAN SACHS GROUP INC Institution	+$450.6K +16.3K shares	$450.6K 16.3K shares
J JANE STREET GROUP, LLC Institution	+$358.6K +12.9K shares	$358.6K 12.9K shares
MORGAN STANLEY RIA/Wealth	+$321.8K +11.6K shares	$752.7K 27.2K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$318.8K +11.5K shares	$2.6M 92.6K shares
CITIGROUP INC Institution	+$317.1K +11.4K shares	$386.1K 13.9K shares
R Squared Ltd Private Equity	+$308.0K +11.1K shares	$308.0K 11.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$203.8K +7.4K shares	$203.8K 7.4K shares
Emmett Investment Management, LP Hedge Fund•Long/Short	+$81.5K +2.9K shares	$5.6M 201.0K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$33.7K +1.2K shares	$124.2K 4.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
Gotham Asset Management, LLC Hedge Fund•Long/Short	−$10.8M −237.4K shares	Sold Off 0 shares
Timbercreek Asset Management Ltd. Real Assets	−$2.2M −80.1K shares	$24.7M 890.0K shares
N NICOLA WEALTH MANAGEMENT LTD. RIA/Wealth	−$1.4M −55.0K shares	Sold Off 0 shares
S State of Wyoming Institution	−$978.2K −39.2K shares	Sold Off 0 shares
CenterBook Partners LP Hedge Fund•Market Neutral	−$607.9K −24.4K shares	Sold Off 0 shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	−$464.3K −16.7K shares	$4.5M 160.9K shares
VANGUARD GROUP INC Institution	−$383.4K −13.8K shares	$11.9M 429.6K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$330.6K −11.9K shares	$204.2K 7.4K shares
Militia Capital Partners, LP Hedge Fund•Long/Short	−$252.3K −9.1K shares	$713.9K 25.8K shares
S Solas Capital Management, LLC Hedge Fund•Long/Short	−$194.1K −7.0K shares	$13.0M 467.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SNDA in Q3 2025

New Positions: 7
New Value: $35.3K
Exited Positions: 8
Exited Value: $13.8M

New Positions

Institution	Position Value
S State of Alaska, Department of Revenue Institution	$28.2K 1.0K shares
Global Retirement Partners, LLC RIA/Wealth	$2.8K 100.0 shares
O Optiver Holding B.V. Institution	$2.3K 82.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$859.0 31.0 shares
H Hilltop National Bank Institution	$859.0 31.0 shares
Transamerica Financial Advisors, Inc. Institution	$388.0 14.0 shares
Hanson McClain, Inc. RIA/Wealth	$28.0 1.0 shares

Exited Positions

Institution	Previous Position
Gotham Asset Management, LLC Hedge Fund•Long/Short	$10.8M 237.4K shares
N NICOLA WEALTH MANAGEMENT LTD. RIA/Wealth	$1.4M 55.0K shares
S State of Wyoming Institution	$978.2K 39.2K shares
CenterBook Partners LP Hedge Fund•Market Neutral	$607.9K 24.4K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$22.7K 909.0 shares
HARBOR CAPITAL ADVISORS, INC. ETF Provider	$2.7K 110.0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$524.0 21.0 shares
Koesten, Hirschmann & Crabtree, INC. RIA/Wealth	$75.0 3.0 shares

Options Activity

Institutions with the largest Call and Put options positions in SNDA as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with SNDA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C Conversant Capital LLC Real Assets	Bryant Daniels CFO	53.72% $256.8M	49.22% 9.3M shares	Q4 2021 Held for 3y 11m	$478.1M
S Solas Capital Management, LLC Hedge Fund•Long/Short	Frederick Tucker Golden CIO	7.91% $13.0M	2.48% 467.7K shares	Q3 2021 Held for 4y 2m	$163.8M
Clayton Partners LLC Hedge Fund•Long/Short	Alex Gates CCO	6.57% $8.7M	1.66% 312.7K shares	Q3 2024 Held for 1y 2m	$131.9M
Timbercreek Asset Management Ltd. Real Assets	Samuel Joshua Sahn Managing Partner	4.65% $24.7M	4.73% 890.0K shares	Q4 2024 Held for 11 months	$530.9M
F Fort Hoosac Management, LLC Hedge Fund•Multi-Strategy	Paul Jerome Isaac President	4.16% $6.1M	1.16% 218.8K shares	≤ Q2 2013 Held for 12y 5m+	$145.9M
Emmett Investment Management, LP Hedge Fund•Long/Short	Alexander M Rohr Managing Partner	3.92% $5.6M	1.07% 201.0K shares	Q4 2024 Held for 11 months	$141.7M
Sandia Investment Management LP Hedge Fund•Event Driven	Timothy Joel Sichler Founder	1.19% $349.6K	0.07% 12.6K shares	Q3 2024 Held for 1y 2m	$29.5M
MAKENA CAPITAL MANAGEMENT LLC Fund of Funds	Jackson Jacob Garton CIO	0.51% $5.1M	0.98% 185.0K shares	Q3 2024 Held for 1y 2m	$997.6M
Militia Capital Partners, LP Hedge Fund•Long/Short	-	0.36% $713.9K	0.14% 25.8K shares	Q4 2024 Held for 11 months	$195.8M
R Squared Ltd Private Equity	-	0.13% $308.0K	0.06% 11.1K shares	Q3 2025 Held for 2 months	$232.5M

Hedge Fund Spotlight

Discover hedge funds investing in SNDA

Emmett Investment Management, LP

Hedge Fund • Long/Short

Portfolio ManagerAlexander M Rohr

Portfolio Value: $141.7M
Positions: 25
Last Reported: Q3 2025

Sector Allocation

Position in Sonida Senior Living

Market Value: $5.6M
Shares Held: 201.0K
Portfolio Weight: 3.92%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
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3 Spotify Technology SPOT	Internet Content & Information Communication Services	$10.0M	7.06%