Rokos Capital Management 13F: Cuts Sandisk (SNDK) Stake by $45M

Rokos Capital Management Reduces Sandisk Stake

Rokos Capital Management trimmed its holdings in Sandisk Corporation SNDK, cutting its position by 28.1% during the quarter ended May 15, 2026, according to a Form 13F filing with the SEC. The fund sold 22,335 shares during the period, leaving it with 57,063 shares. Based on the filing values, the remaining stake carried an estimated worth of $114.6 million. Institutional filings look backward and may not reflect current positions today.

Sandisk Stock Trades Near Higher Ranges

Sandisk Corporation shares changed hands around $2,008.57. The hardware company has seen wide swings over the past year, trading within a 52-week band stretching from a low of $136.29 up to a high of $2,354.39. Its price sits comfortably above its 200-day moving average of $1,199.66 and near its 50-day moving average of $1,591.35.

Wall Street Analyst Updates

Analyst firms have actively updated their outlooks on Sandisk as market conditions shift. On October 6, 2026, Mizuho maintained an outperform rating and lifted its target to $2,050.0 from $1,875.0. Earlier, on September 22, 2026, Rosenblatt initiated coverage with a buy rating and a $2,400.0 target. Mizuho also kept an outperform rating on August 25, 2026, with an $1,875.0 target. RBC Capital maintained a sector perform rating with a $1,600.0 target on August 14, 2026, while Wells Fargo kept an equal-weight rating with a $1,550.0 target. Wedbush reiterated its outperform rating at $2,000.0 on the same day, and Cantor Fitzgerald kept an overweight rating with a $2,900.0 target. Argus Research upgraded the stock to a buy on August 10, 2026. Overall, the company holds a consensus buy recommendation with 24 analyst opinions and a mean price target of $2,173.0.

Inside Sandisk Corporation

Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology. Its product lines include solid-state drives for personal computers, gaming consoles, and enterprise datacenters, alongside embedded flash storage for mobile phones and automotive applications. The Milpitas, California-based firm operates in the computer hardware sector and employs 11,100 people under the leadership of CEO David V. Goeckeler.

Watching Future Filings

Investors tracking Rokos Capital Management will need to wait for subsequent quarterly disclosures to see whether the fund continues to pare back its technology holdings or shifts strategy. Meanwhile, Sandisk is scheduled to release its next round of earnings results on October 29, 2026, which will offer fresh insight into the company's revenue growth and profit margins.