Vault-13

COLLIERS INTL GROUP INC CIGI

SUB VTG SHS · Common Stock · CUSIP 194693107

Multinational real estate services company

167 institutional holders +2 vs Q1 2023
30,177,76830.2m shares reported held*
$3.0bnreported value*
20 new 74 added 47 reduced 19 sold out net bought ≈ $185.3m (+1.9m 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 ($7.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $98.60. Options: 4 managers hold calls ($8.5m notional), 4 hold puts ($972.1k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 150Q4 22: 157Q1 23: 165Q2 23: 167167Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022150
Q4 2022157
Q1 2023165
Q2 2023167

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 75 bought or addedQ4 22: 72 cut or sold outQ4 22Q1 23: 78 bought or addedQ1 23: 78 cut or sold outQ1 23Q2 23: 94 bought or addedQ2 23: 66 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227572
Q1 20237878
Q2 20239466

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $541.0kQ3 22 puts: $321.0kQ3 22P/C 0.59Q4 22 calls: $368.2kQ4 22 puts: $616.7kQ4 22P/C 1.68Q1 23 calls: $570.0kQ1 23 puts: $1.4mQ1 23P/C 2.39Q2 23 calls: $8.5mQ2 23 puts: $972.1kQ2 23P/C 0.11
Numbers
QuarterCallsPutsP/C
Q3 2022$541.0k$321.0k0.59
Q4 2022$368.2k$616.7k1.68
Q1 2023$570.0k$1.4m2.39
Q2 2023$8.5m$972.1k0.11

Biggest buyers

ROYAL BANK OF CANADA Added +706,895+706.9k
Durable Capital Partners LP Added +393,686+393.7k
JARISLOWSKY, FRASER Ltd Added +305,066+305.1k
FMR LLC Added +298,758+298.8k
TURTLE CREEK ASSET MANAGEMENT INC. Added +248,050+248.1k
HARRIS ASSOCIATES L P Added +191,840+191.8k
Burgundy Asset Management Ltd. Added +171,574+171.6k
Waratah Capital Advisors Ltd. Added +144,299+144.3k
WELLINGTON MANAGEMENT GROUP LLP Added +92,434+92.4k
1832 Asset Management L.P. Added +89,292+89.3k

Biggest sellers

FIL Ltd Reduced -659,854-659.9k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -157,809-157.8k
Canoe Financial LP Reduced -124,830-124.8k
CITADEL ADVISORS LLC Reduced -121,796-121.8k
Vision Capital Corp Sold out -72,433-72.4k
BloombergSen Inc. Reduced -49,961-50.0k
D. E. Shaw & Co., Inc. Reduced -48,900-48.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -43,100-43.1k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -38,616-38.6k
PCJ Investment Counsel Ltd. Sold out -36,695-36.7k

Biggest calls

ROYAL BANK OF CANADA New $7.9m80.0k shares
CITADEL ADVISORS LLC Added $432.0k4.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $245.5k2.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $569.5k5.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $206.2k2.1k shares
PEAK6 Investments LLC Reduced $196.4k2.0k 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
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 13D · may seek influence +1.5 pts · filed 2026-09-28 6.6% +1.5 pts 3.3m≈ $307.8m 2026-09-28
1832 Asset Management L.P. 13G · institution +1.7 pts · filed 2026-05-01 6.5% +1.7 pts 3.2m≈ $301.9m 2026-05-01

Fell to 5% or below in the last year: Durable Capital Partners LP (1.7%, 2026-05-15)

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 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 3,409,2753.4m $334.8m $334.8m 0.09% Added +706.9k +706,895
2 FIL Ltd 0.33% of their portfolio HAMILTON, D0 2,978,1823.0m $292.3m $292.3m 0.33% Reduced -659.9k -659,854
3 JARISLOWSKY, FRASER Ltd 1.40% of their portfolio MONTREAL, A8 2,398,1782.4m $235.6m $235.6m 1.40% Added +305.1k +305,066
4 BloombergSen Inc. 11.98% of their portfolio TORONTO, A6 1,376,6491.4m $135.2m $135.2m 11.98% Reduced -50.0k -49,961
5 TURTLE CREEK ASSET MANAGEMENT INC. 3.72% of their portfolio TORONTO, A6 1,323,0401.3m $129.9m $129.9m 3.72% Added +248.1k +248,050
6 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,270,2731.3m $124.7m $124.7m 0.00% Added +11.5k +11,505
7 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio Toronto, A6 1,253,3601.3m $123.0m $123.0m 0.07% Reduced -157.8k -157,809
8 SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 11.21% of their portfolio NEW YORK, NY 1,000,0001.0m $98.1m $98.1m 11.21% Unchanged
9 Durable Capital Partners LP 0.80% of their portfolio Bethesda, MD 929,736929.7k $91.3m $91.3m 0.80% Added +393.7k +393,686
10 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 659,380659.4k $65.1m $65.1m 0.02% Added +3.4k +3,435
11 RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio NEW YORK, NY 657,400657.4k $64.5m $64.5m 0.09% Reduced -43.1k -43,100
12 VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio San Antonio, TX 655,605655.6k $64.4m $64.4m 0.07% Added +64.0k +64,020
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 652,989653.0k $64.1m $64.1m 0.02% Reduced -256 -256
14 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 633,672633.7k $62.2m $62.2m 0.02% Added +16.7k +16,656
15 CDAM (UK) Ltd 8.69% of their portfolio LONDON, X0 622,728622.7k $61.1m $61.1m 8.69% Unchanged
16 Vulcan Value Partners, LLC 0.75% of their portfolio BIRMINGHAM, AL 604,817604.8k $59.4m $59.4m 0.75% Added +45.6k +45,552
17 Alberta Investment Management Corp 0.51% of their portfolio EDMONTON, A0 536,698536.7k $52.7m $52.7m 0.51% Added +38.5k +38,502
18 Burgundy Asset Management Ltd. 0.54% of their portfolio Toronto, A6 463,600463.6k $45.5m $45.5m 0.54% Added +171.6k +171,574
19 ROYCE & ASSOCIATES LP 0.38% of their portfolio New York, NY 395,788395.8k $38.9m $38.9m 0.38% Added +33.2k +33,223
20 CIBC Asset Management Inc 0.15% of their portfolio TORONTO, Z4 393,706393.7k $38.7m $38.7m 0.15% Added +42.5k +42,508
21 NORGES BANK 0.01% of their portfolio OSLO, Q8 363,293363.3k $35.6m $35.6m 0.01% Added +10.2k +10,249
22 Beutel, Goodman & Co Ltd. 0.19% of their portfolio TORONTO, A6 350,473350.5k $34.4m $34.4m 0.19% Reduced -7.1k -7,060
23 MACKENZIE FINANCIAL CORP 0.05% of their portfolio TORONTO ONTARIO, A6 312,221312.2k $30.6m $30.6m 0.05% Reduced -24.1k -24,106
24 FMR LLC 0.00% of their portfolio BOSTON, MA 301,008301.0k $29.5m $29.5m 0.00% Added +298.8k +298,758
25 Waratah Capital Advisors Ltd. 1.34% of their portfolio TORONTO, A6 270,122270.1k $26.5m $26.5m 1.34% Added +144.3k +144,299
26 CIBC WORLD MARKET INC. 0.09% of their portfolio TORONTO, A6 260,273260.3k $25.6m $25.6m 0.09% Reduced -23.9k -23,872
27 HARRIS ASSOCIATES L P 0.05% of their portfolio CHICAGO, IL 251,140251.1k $24.6m $24.6m 0.05% Added +191.8k +191,840
28 LOOMIS SAYLES & CO L P 0.04% of their portfolio BOSTON, MA 249,366249.4k $24.5m $24.5m 0.04% Added +78.0k +78,014
29 Pembroke Management, LTD 3.39% of their portfolio Montreal, A8 241,948241.9k $31.5m $31.5m 3.39% Reduced -14.8k -14,751
30 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 234,146234.1k $23.0m $23.0m 0.01% Added +51.5k +51,521
31 Fiera Capital Corp 0.06% of their portfolio MONTREAL, A8 215,133215.1k $21.1m $21.1m 0.06% Reduced -28.7k -28,731
32 Fenimore Asset Management Inc 0.48% of their portfolio Cobleskill, NY 193,997194.0k $19.0m $19.0m 0.48% Added +14.1k +14,098
33 HughesLittle Investment Management Ltd. 5.65% of their portfolio Vancouver, A1 191,490191.5k $18.8m $18.8m 5.65% Added +18.9k +18,900
34 1832 Asset Management L.P. 0.04% of their portfolio TORONTO, A6 185,749185.7k $18.2m $18.2m 0.04% Added +89.3k +89,292
35 AGF MANAGEMENT LTD 0.13% of their portfolio TORONTO, A6 181,260181.3k $17.8m $17.8m 0.13% Added +61.1k +61,088
36 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 175,421175.4k $17.2m $17.2m 0.00% Added +92.4k +92,434
37 Ceredex Value Advisors LLC 0.27% of their portfolio WINTER PARK, FL 173,240173.2k $17.0m $17.0m 0.27% Reduced -24.4k -24,400
38 MONTRUSCO BOLTON INVESTMENTS INC. 0.24% of their portfolio MONTREAL, A8 157,892157.9k $15.5m $15.5m 0.24% Added +3.5k +3,548
39 CIDEL ASSET MANAGEMENT INC 0.69% of their portfolio TORONTO, A6 155,267155.3k $15.3m $15.3m 0.69% Reduced -14.0k -14,046
40 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.11% of their portfolio Cincinnati, OH 154,689154.7k $15.2m $15.2m 0.11% Added +49.1k +49,130
41 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.14% of their portfolio VICTORIA, A1 152,574152.6k $15.0m $15.0m 0.14% Reduced -9.1k -9,130
42 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio CHICAGO, IL 147,634147.6k $14.5m $14.5m 0.05% Reduced -38.6k -38,616
43 KIRR MARBACH & CO LLC /IN/ 3.96% of their portfolio COLUMBUS, IN 146,008146.0k $14.3m $14.3m 3.96% Added +755 +755
44 Onex Canada Asset Management Inc. 0.79% of their portfolio TORONTO, A6 132,506132.5k $13.0m $13.0m 0.79% Reduced -31.6k -31,610
45 Epoch Investment Partners, Inc. 0.07% of their portfolio New York, NY 128,775128.8k $12.6m $12.6m 0.07% Added +23.1k +23,111
46 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 125,891125.9k $12.4m $12.4m 0.01% Added +6.0k +6,038
47 Van Berkom & Associates Inc. 0.44% of their portfolio MONTREAL, A8 124,018124.0k $12.2m $12.2m 0.44% Reduced -1.4k -1,447
48 Federation des caisses Desjardins du Quebec 0.12% of their portfolio LEVIS, A8 121,989122.0k $12.4m $12.4m 0.12% Added +46.4k +46,377
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 119,442119.4k $11.7m $11.7m 0.00% Reduced -25.5k -25,504
50 Addenda Capital Inc. 0.64% of their portfolio MONTREAL, A8 117,092117.1k $15.2m $15.2m 0.64% Added +10.1k +10,110
51 Northwest & Ethical Investments L.P. 0.36% of their portfolio TORONTO, A6 115,677115.7k $11.4m $11.4m 0.36% Reduced -2.7k -2,680
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 114,972115.0k $11.3m $11.3m 0.00% Reduced -33.9k -33,910
53 GUARDIAN CAPITAL LP 0.31% of their portfolio TORONTO, A6 97,50897.5k $9.6m $9.6m 0.31% Reduced -16.3k -16,302
54 Dixon Mitchell Investment Counsel Inc. 0.48% of their portfolio VANCOUVER, A1 85,21185.2k $8.4m $8.4m 0.48% Unchanged
55 Swiss National Bank 0.01% of their portfolio ZURICH, V8 82,60082.6k $8.1m $8.1m 0.01% Added +10.2k +10,200
56 Public Sector Pension Investment Board 0.06% of their portfolio MONTREAL, A8 78,25078.2k $7.7m $7.7m 0.06% Added +3.5k +3,506
57 INTACT INVESTMENT MANAGEMENT INC. 0.30% of their portfolio MONTREAL, A8 75,64475.6k $7.4m $7.4m 0.30% Added +28.7k +28,690
58 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio NEW YORK, NY 72,65372.7k $7.1m $7.1m 0.05% Added +2.6k +2,604
59 Canoe Financial LP 0.14% of their portfolio CALGARY, A0 69,98670.0k $6.9m $6.9m 0.14% Reduced -124.8k -124,830
60 Desjardins Global Asset Management Inc. 0.79% of their portfolio MONTREAL, A8 69,43069.4k $6.8m $6.8m 0.79% New
61 CI INVESTMENTS INC. 0.03% of their portfolio TORONTO, Z4 68,88268.9k $6.8m $6.8m 0.03% Added +23.9k +23,899
62 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 55,01555.0k $5.4m $5.4m 0.00% Added +50.3k +50,271
63 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 54,86354.9k $5.4m $5.4m 0.01% Reduced -1.8k -1,814
64 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 49,63649.6k $4.9m $4.9m 0.00% Added +3.1k +3,056
65 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 43,66643.7k $4.3m $4.3m 0.00% Added +22.1k +22,090
66 First Pacific Advisors, LP 0.06% of their portfolio EL SEGUNDO, CA 42,91342.9k $4.2m $4.2m 0.06% New
67 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 41,60041.6k $4.1m $4.1m 0.01% New
68 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 39,52839.5k $3.9m $3.9m 0.00% Reduced -8.1k -8,100
69 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 39,41539.4k $3.9m $3.9m 0.00% Added +8.3k +8,297
70 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 35,83135.8k $3.5m $3.5m 0.02% Reduced -35.6k -35,593
71 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.40% of their portfolio MISSISSAUGA, A6 35,48935.5k $3.5m $3.5m 0.40% Added +9.2k +9,205
72 Legal & General Group Plc 0.00% of their portfolio London, X0 32,98533.0k $3.2m $3.2m 0.00% Added +10.5k +10,498
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 32,63332.6k $3.2m $3.2m 0.00% Added +9.0k +9,007
74 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 31,54231.5k $3.1m $3.1m 0.01% Added +173 +173
75 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 30,79630.8k $3.0m $3.0m 0.00% Reduced -24.9k -24,911
76 JB CAPITAL PARTNERS LP 0.64% of their portfolio Armonk, NY 30,10430.1k $3.0m $3.0m 0.64% Unchanged
77 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 29,79129.8k $2.9m $2.9m 0.00% Unchanged
78 ARGENT CAPITAL MANAGEMENT LLC 0.09% of their portfolio ST LOUIS, MO 29,52429.5k $2.9m $2.9m 0.09% Added +750 +750
79 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 26,83826.8k $2.6m $2.6m 0.00% Added +1.7k +1,716
80 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 26,19626.2k $2.6m $2.6m 0.01% Added +8.9k +8,897
81 FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 0.13% of their portfolio TORONTO, A6 25,00025.0k $2.4m $2.4m 0.13% Unchanged
82 Timelo Investment Management Inc. 5.20% of their portfolio Aurora, A6 24,31024.3k $2.4m $2.4m 5.20% Reduced -23.0k -23,000
83 SIT INVESTMENT ASSOCIATES INC 0.06% of their portfolio Minneapolis, MN 23,67523.7k $2.3m $2.3m 0.06% Reduced -1.8k -1,840
84 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 21,88221.9k $2.1m $2.1m 0.03% Unchanged
85 Credential Qtrade Securities Inc. 0.13% of their portfolio VANCOUVER, A1 20,38520.4k $2.0m $2.0m 0.13% Added +310 +310
86 THOMPSON INVESTMENT MANAGEMENT, INC. 0.30% of their portfolio MADISON, WI 18,77518.8k $1.8m $1.8m 0.30% Added +1.8k +1,800
87 BlackRock Inc. 0.00% of their portfolio New York, NY 15,24715.2k $1.5m $1.5m 0.00% Added +4.1k +4,098
88 Greenland Capital Management LP 0.18% of their portfolio NEW YORK, NY 12,50012.5k $1.2m $1.2m 0.18% New
89 KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio FORT WORTH, TX 12,46312.5k $1.2m $1.2m 0.01% Added +282 +282
90 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 12,42312.4k $1.6m $1.6m 0.02% Added +630 +630
91 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 12,41112.4k $1.2m $1.2m 0.00% New
92 PDT Partners, LLC 0.16% of their portfolio New York, NY 11,50411.5k $1.1m $1.1m 0.16% Added +1.9k +1,908
93 K.J. Harrison & Partners Inc 0.19% of their portfolio TORONTO, A6 10,58510.6k $1.0m $1.0m 0.19% Added +1.0k +1,000
94 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 10,20010.2k $1.0m $1.0m 0.00% Reduced -48.9k -48,900
95 Chevy Chase Trust Holdings, LLC 0.00% of their portfolio BETHESDA, MD 10,07510.1k $989.3k $989.3k 0.00% Unchanged
96 AUXIER ASSET MANAGEMENT LLC 0.15% of their portfolio AURORA, OR 9,4609.5k $928.9k $928.9k 0.15% Added +2.3k +2,300
97 Forge First Asset Management Inc. 0.43% of their portfolio TORONTO, Z4 8,6008.6k $843.8k $843.8k 0.43% New
98 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 7,5867.6k $744.4k $744.4k 0.00% Added +4.0k +4,022
99 BANK OF NOVA SCOTIA TRUST CO 0.08% of their portfolio TORONTO, A6 7,5777.6k $744.0k $744.0k 0.08% Added +1.6k +1,603
100 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 7,3567.4k $724.0k $724.0k 0.00% Added +435 +435