Vault-13

CENTERRA GOLD INC CGAU

COM · Common Stock · CUSIP 152006102 · ISIN CA1520061021

108 institutional holders -5 vs Q1 2023
114,284,240114.3m shares reported held*
$687.4mreported value*
7 new 44 added 28 reduced 13 sold out net bought ≈ $7.4m (+1.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($15.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.01. Options: 8 managers hold calls ($7.8m notional), 6 hold puts ($2.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 94Q4 22: 104Q1 23: 113Q2 23: 108108Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202294
Q4 2022104
Q1 2023113
Q2 2023108

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 41 bought or addedQ4 22: 43 cut or sold outQ4 22Q1 23: 54 bought or addedQ1 23: 42 cut or sold outQ1 23Q2 23: 51 bought or addedQ2 23: 41 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224143
Q1 20235442
Q2 20235141

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $326.0kQ3 22 puts: $615.0kQ3 22P/C 1.89Q4 22 calls: $237.0kQ4 22 puts: $437.6kQ4 22P/C 1.85Q1 23 calls: $556.1kQ1 23 puts: $270.5kQ1 23P/C 0.49Q2 23 calls: $7.8mQ2 23 puts: $2.7mQ2 23P/C 0.35
Numbers
QuarterCallsPutsP/C
Q3 2022$326.0k$615.0k1.89
Q4 2022$237.0k$437.6k1.85
Q1 2023$556.1k$270.5k0.49
Q2 2023$7.8m$2.7m0.35

Biggest buyers

INTACT INVESTMENT MANAGEMENT INC. Added +3,032,870+3.0m
TORONTO DOMINION BANK Added +2,442,948+2.4m
VAN ECK ASSOCIATES CORP Added +2,298,750+2.3m
MACKENZIE FINANCIAL CORP Added +1,122,854+1.1m
CITIGROUP INC Added +925,655+925.7k
NATIONAL BANK OF CANADA /FI/ Added +901,981+902.0k
FIRST SABREPOINT CAPITAL MANAGEMENT LP Added +843,200+843.2k
Ruffer LLP Added +698,300+698.3k
MORGAN STANLEY Added +618,454+618.5k
CANADA PENSION PLAN INVESTMENT BOARD New +420,000+420.0k

Biggest sellers

Helikon Investments Ltd Reduced -2,593,856-2.6m
HSBC HOLDINGS PLC Reduced -2,000,062-2.0m
ACADIAN ASSET MANAGEMENT LLC Reduced -1,794,157-1.8m
GOLDMAN SACHS GROUP INC Reduced -1,763,032-1.8m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -1,181,027-1.2m
ROYAL BANK OF CANADA Reduced -845,152-845.2k
MMCAP International Inc. SPC Sold out -795,550-795.5k
MILLENNIUM MANAGEMENT LLC Reduced -642,781-642.8k
CIBC WORLD MARKET INC. Reduced -590,087-590.1k
Connor, Clark & Lunn Investment Management Ltd. Reduced -574,500-574.5k

Biggest calls

BANK OF MONTREAL /CAN/ New $6.9m1.1m shares
CITADEL ADVISORS LLC Added $269.4k44.9k shares
SIG North Trading, ULC Reduced $251.4k41.9k shares
CIBC WORLD MARKET INC. New $115.0k19.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $95.4k15.9k shares
GROUP ONE TRADING LLC Added $88.8k14.8k shares
SIMPLEX TRADING, LLC Added $37.0k6.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CIBC WORLD MARKET INC. New $1.2m205.4k shares
CITADEL ADVISORS LLC Added $948.0k158.0k shares
BANK OF MONTREAL /CAN/ New $493.3k80.0k shares
GROUP ONE TRADING LLC Added $9.0k1.5k shares
SIMPLEX TRADING, LLC Reduced $7.0k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
DONALD SMITH & CO., INC. 13G · institution -0.1 pts · filed 2026-08-11 7.8% -0.1 pts 15.4m≈ $245.0m 2026-08-11
VAN ECK ASSOCIATES CORP 13G · institution -1.9 pts · filed 2025-08-14 6.6% -1.9 pts 13.6m≈ $215.3m 2025-08-14
DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2025-07-15 5.8% new 12.1m≈ $191.7m 2025-07-15

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VAN ECK ASSOCIATES CORP 0.26% of their portfolio NEW YORK, NY 20,181,96920.2m $121.0m $121.0m 0.26% Added +2.3m +2,298,750
2 Helikon Investments Ltd 7.95% of their portfolio LONDON, X0 10,859,40510.9m $65.2m $65.2m 7.95% Reduced -2.6m -2,593,856
3 Condire Management, LP 10.47% of their portfolio DALLAS, TX 8,660,1088.7m $51.9m $51.9m 10.47% Unchanged
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,811,6307.8m $46.9m $46.9m 0.00% Added +141.1k +141,082
5 Ruffer LLP 2.53% of their portfolio LONDON, X0 7,215,7507.2m $43.3m $43.3m 2.53% Added +698.3k +698,300
6 DONALD SMITH & CO., INC. 1.35% of their portfolio NEW YORK, NY 6,547,2496.5m $39.3m $39.3m 1.35% Added +332.9k +332,880
7 INTACT INVESTMENT MANAGEMENT INC. 0.88% of their portfolio MONTREAL, A8 3,614,6703.6m $21.7m $21.7m 0.88% Added +3.0m +3,032,870
8 Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio VANCOUVER, A1 3,322,8553.3m $19.9m $19.9m 0.10% Reduced -574.5k -574,500
9 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,288,0563.3m $19.7m $19.7m 0.01% Added +2.4m +2,442,948
10 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 3,071,5643.1m $18.4m $18.4m 0.02% Added +925.7k +925,655
11 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,913,8462.9m $17.5m $17.5m 0.00% Added +64.5k +64,463
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,682,9602.7m $16.1m $16.1m 0.00% Reduced -1.8m -1,763,032
13 HEARTLAND ADVISORS INC 0.73% of their portfolio MILWAUKEE, WI 2,136,1002.1m $12.8m $12.8m 0.73% Added +12.6k +12,600
14 Maple Rock Capital Partners Inc. 1.53% of their portfolio Toronto, A6 2,000,0002.0m $12.0m $12.0m 1.53% Unchanged
15 EDMOND DE ROTHSCHILD HOLDING S.A. 0.23% of their portfolio CHAMBESY, V8 1,980,0002.0m $11.9m $11.9m 0.23% Added +345.0k +345,000
16 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,891,4851.9m $11.7m $11.7m 0.00% Reduced -118.0k -118,045
17 MACKENZIE FINANCIAL CORP 0.02% of their portfolio TORONTO ONTARIO, A6 1,763,6761.8m $10.6m $10.6m 0.02% Added +1.1m +1,122,854
18 AEGIS FINANCIAL CORP 7.33% of their portfolio MC LEAN, VA 1,755,6761.8m $10.5m $10.5m 7.33% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,603,2061.6m $9.6m $9.6m 0.00% Added +618.5k +618,454
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,597,2531.6m $9.6m $9.6m 0.00% Added +104.3k +104,303
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,556,3361.6m $9.3m $9.3m 0.00% Added +371.9k +371,896
22 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 1,446,1271.4m $8.7m $8.7m 0.02% Added +902.0k +901,981
23 FIRST SABREPOINT CAPITAL MANAGEMENT LP 3.75% of their portfolio DALLAS, TX 1,428,0001.4m $8.6m $8.6m 3.75% Added +843.2k +843,200
24 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,187,8151.2m $7.1m $7.1m 0.00% Reduced -28.3k -28,269
25 Amundi 0.00% of their portfolio Paris, I0 1,151,7631.2m $7.1m $7.1m 0.00% Added +187.0k +187,000
26 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 990,202990.2k $5.9m $5.9m 0.01% Reduced -642.8k -642,781
27 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 709,549709.5k $4.3m $4.3m 0.02% Reduced -1.8m -1,794,157
28 Crestline Management, L.P. 0.42% of their portfolio FORT WORTH, TX 642,675642.7k $3.9m $3.9m 0.42% Added +191.1k +191,067
29 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 597,818597.8k $3.6m $3.6m 0.00% Added +92.6k +92,566
30 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 570,590570.6k $3.4m $3.4m 0.01% Added +253.4k +253,410
31 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 569,025569.0k $3.4m $3.4m 0.00% Reduced -516.5k -516,526
32 Polunin Capital Partners Ltd 0.91% of their portfolio LONDON, X0 561,015561.0k $4.5m $4.5m 0.91% Added +16.3k +16,300
33 Swiss National Bank 0.00% of their portfolio ZURICH, V8 482,200482.2k $2.9m $2.9m 0.00% Added +2.3k +2,300
34 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 468,889468.9k $2.8m $2.8m 0.02% Reduced -369.3k -369,277
35 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 420,000420.0k $2.5m $2.5m 0.00% New
36 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 403,065403.1k $2.4m $2.4m 0.00% Added +252.5k +252,494
37 Legal & General Group Plc 0.00% of their portfolio London, X0 395,520395.5k $2.4m $2.4m 0.00% Reduced -12.7k -12,692
38 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 350,081350.1k $2.1m $2.1m 0.01% Reduced -590.1k -590,087
39 CoreCommodity Management, LLC 0.60% of their portfolio STAMFORD, CT 339,100339.1k $2.0m $2.0m 0.60% Added +33.2k +33,200
40 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 304,660304.7k $1.8m $1.8m 0.00% Reduced -1.2m -1,181,027
41 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 304,401304.4k $1.8m $1.8m 0.00% Reduced -3.2k -3,200
42 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 303,500303.5k $1.8m $1.8m 0.02% Reduced -48.8k -48,800
43 Pale Fire Capital SE 0.18% of their portfolio Prague, 2N 296,149296.1k $1.8m $1.8m 0.18% Unchanged
44 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 266,835266.8k $1.6m $1.6m 0.00% Added +36.7k +36,700
45 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 255,304255.3k $1.5m $1.5m 0.01% Added +3.9k +3,869
46 CHARTWELL INVESTMENT PARTNERS, LLC 0.05% of their portfolio BERYWN, PA 236,700236.7k $1.4m $1.4m 0.05% Reduced -83.3k -83,300
47 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 213,120213.1k $1.7m $1.7m 0.00% Reduced -121.6k -121,639
48 K2 PRINCIPAL FUND, L.P. 0.40% of their portfolio TORONTO, A6 210,000210.0k $1.3m $1.3m 0.40% Added +94.8k +94,800
49 CIBC Asset Management Inc 0.00% of their portfolio TORONTO, Z4 203,558203.6k $1.2m $1.2m 0.00% Added +1.3k +1,279
50 U S GLOBAL INVESTORS INC 0.07% of their portfolio SAN ANTONIO, TX 185,000185.0k $1.1m $1.1m 0.07% Added +35.0k +35,000
51 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 182,085182.1k $1.1m $1.1m 0.00% Added +7.7k +7,659
52 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 160,838160.8k $963.7k $963.7k 0.00% Added +2.4k +2,402
53 Man Group plc 0.00% of their portfolio LONDON, X0 148,815148.8k $892.9k $892.9k 0.00% New
54 PKO Investment Management Joint-Stock Co 0.11% of their portfolio WARSAW, R9 145,000145.0k $868.3k $868.3k 0.11% Unchanged
55 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 125,000125.0k $750.0k $750.0k 0.01% Reduced -36.2k -36,247
56 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 110,863110.9k $665.2k $665.2k 0.00% Reduced -128.7k -128,712
57 Genus Capital Management Inc. 0.08% of their portfolio VANCOUVER, A1 90,30090.3k $541.8k $541.8k 0.08% First filing
58 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 83,52383.5k $500.8k $500.8k 0.00% Added +2.9k +2,920
59 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 81,54681.5k $489.3k $489.3k 0.00% Added +30.6k +30,629
60 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 79,01579.0k $473.6k $473.6k 0.00% Unchanged
61 WINMILL & CO. INC 0.16% of their portfolio WALPOLE, NH 74,50074.5k $447.0k $447.0k 0.16% Unchanged
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 66,04366.0k $396.0k $396.0k 0.00% Reduced -845.2k -845,152
63 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 62,25862.3k $373.5k $373.5k 0.00% Reduced -6.9k -6,943
64 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 52,30052.3k $314.2k $314.2k 0.01% New
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 50,03750.0k $300.2k $300.2k 0.00% Added +22.0k +22,044
66 Campbell & CO Investment Adviser LLC 0.05% of their portfolio BALTIMORE, MD 49,79149.8k $298.7k $298.7k 0.05% New
67 Northwest & Ethical Investments L.P. 0.01% of their portfolio TORONTO, A6 48,70348.7k $291.9k $291.9k 0.01% Added +17.9k +17,900
68 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 46,28046.3k $277.7k $277.7k 0.00% Reduced -21.7k -21,712
69 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 43,33543.3k $260.0k $260.0k 0.00% Added +39.5k +39,535
70 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 43,17243.2k $259.0k $259.0k 0.00% Reduced -146.3k -146,345
71 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 40,38240.4k $242.3k $242.3k 0.00% Unchanged
72 ROYCE & ASSOCIATES LP 0.00% of their portfolio New York, NY 39,00039.0k $233.8k $233.8k 0.00% Unchanged
73 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 36,00036.0k $216.0k $216.0k 0.00% Unchanged
74 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 33,66233.7k $201.7k $201.7k 0.00% Added +22.0k +21,962
75 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 33,54333.5k $201.0k $201.0k 0.00% Unchanged
76 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 30,28430.3k $181.5k $181.5k 0.01% Added +30.1k +30,076
77 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 28,33828.3k $170.0k $170.0k 0.00% Unchanged
78 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 27,10027.1k $162.6k $162.6k 0.00% Unchanged
79 PDT Partners, LLC 0.02% of their portfolio New York, NY 27,04227.0k $162.3k $162.3k 0.02% Added +7.3k +7,297
80 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 26,80026.8k $160.8k $160.8k 0.01% Unchanged
81 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 23,16023.2k $138.8k $138.8k 0.01% New
82 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 20,26620.3k $121.5k $121.5k 0.00% Added +41 +41
83 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 18,48418.5k $110.9k $110.9k 0.00% Unchanged
84 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 17,57717.6k $105.0k $105.0k 0.00% Reduced -700 -700
85 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 17,37317.4k $104.0k $104.0k 0.00% Added +3.2k +3,223
86 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 15,68715.7k $93.6k $93.6k 0.00% Reduced -6.5k -6,535
87 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 15,63515.6k $93.9k $93.9k 0.00% New
88 Banque Cantonale Vaudoise 0.00% of their portfolio LAUSANNE, V8 15,42215.4k $93.0k $93.0k 0.00% Reduced -18.4k -18,382
89 Pine Valley Investments Ltd Liability Co 0.01% of their portfolio MARLTON, NJ 15,40015.4k $92.4k $92.4k 0.01% Unchanged
90 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 15,19815.2k $91.4k $91.4k 0.00% Reduced -2.0m -2,000,062
91 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 14,99015.0k $89.9k $89.9k 0.00% Unchanged
92 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 14,40314.4k $86.4k $86.4k 0.00% Added +1.1k +1,144
93 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 14,00014.0k $84.0k $84.0k 0.00% New
94 Leonteq Securities AG 0.01% of their portfolio ZURICH, V8 13,21913.2k $105.0k $105.0k 0.01% Added +10.6k +10,615
95 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 11,37811.4k $68.3k $68.3k 0.00% Reduced -3.1k -3,115
96 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 11,37811.4k $68.3k $68.3k 0.00% Reduced -3.1k -3,115
97 Edge Wealth Management LLC 0.01% of their portfolio NEW YORK, NY 10,20010.2k $61.2k $61.2k 0.01% Unchanged
98 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 7,0477.0k $42.3k $42.3k 0.00% Unchanged
99 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 1,9542.0k $15.7k $15.7k 0.00% Added +988 +988
100 1832 Asset Management L.P. 0.00% of their portfolio TORONTO, A6 398398 $2.4k $2.4k 0.00% Unchanged