COLLIERS INTL GROUP INC CIGI
SUB VTG SHS · Common Stock · CUSIP 194693107
Multinational real estate services company
- SectorReal estate
- IndustryReal Estate
- HeadquartersToronto, Canada
- Founded1976
- Websitecolliers.com
- FilingsSEC EDGAR
* 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 ($6.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $130.37. Options: 2 managers hold calls ($208.9k notional), 5 hold puts ($1.3m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 150 |
| Q4 2022 | 157 |
| Q1 2023 | 165 |
| Q2 2023 | 167 |
| Q3 2023 | 158 |
| Q4 2023 | 163 |
| Q1 2024 | 179 |
| Q2 2024 | 173 |
| Q3 2024 | 193 |
| Q4 2024 | 204 |
| Q1 2025 | 200 |
| Q2 2025 | 189 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 79 | 75 |
| Q4 2023 | 80 | 73 |
| Q1 2024 | 92 | 66 |
| Q2 2024 | 80 | 70 |
| Q3 2024 | 82 | 91 |
| Q4 2024 | 98 | 85 |
| Q1 2025 | 89 | 86 |
| Q2 2025 | 80 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $4.0m | $1.7m | 0.42 |
| Q4 2024 | $2.0m | $639.1k | 0.32 |
| Q1 2025 | $604.3k | $1.2m | 1.99 |
| Q2 2025 | $208.9k | $1.3m | 6.19 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +4.3m |
| Durable Capital Partners LP | Added | +652.7k |
| JARISLOWSKY, FRASER Ltd | Added | +530.3k |
| PICTON MAHONEY ASSET MANAGEMENT | New | +272.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +158.7k |
| AMERICAN CENTURY COMPANIES INC | Added | +148.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +71.3k |
| INTACT INVESTMENT MANAGEMENT INC. | New | +63.0k |
| Clearbridge Investments, LLC | Added | +62.0k |
| MACKENZIE FINANCIAL CORP | Added | +61.0k |
Biggest sellers
| Alberta Investment Management Corp | Reduced | -254.8k |
| HughesLittle Investment Management Ltd. | Reduced | -174.6k |
| CIBC Asset Management Inc | Reduced | -61.9k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Reduced | -53.4k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -49.9k |
| Fiera Capital Corp | Reduced | -42.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -38.7k |
| 1832 Asset Management L.P. | Reduced | -32.7k |
| COOPER INVESTORS PTY LTD | Reduced | -32.3k |
| LOOMIS SAYLES & CO L P | Reduced | -31.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $208.9k1.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| UBS Group AG | New | $548.3k4.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $443.8k3.4k shares |
| JANE STREET GROUP, LLC | New | $209.5k1.6k shares |
| GROUP ONE TRADING LLC | Added | $91.4k700 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.
| Holder | Stake |
|---|---|
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 13D · may seek influence +1.5 pts · filed 2026-09-28 | 6.6% |
| 1832 Asset Management L.P. 13G · institution +1.7 pts · filed 2026-05-01 | 6.5% |
Fell to 5% or below in the last year: Durable Capital Partners LP (1.7%, 2026-05-15)
Insider purchases and sales in Q2 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.10% of their portfolio | 8.1m $1.1bn | Added +4.3m |
| Durable Capital Partners LP 3.58% of their portfolio | 3.6m $473.3m | Added +652.7k |
| JARISLOWSKY, FRASER Ltd 1.89% of their portfolio | 2.5m $330.7m | Added +530.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.9m $252.9m | Added +27.4k |
| Beutel, Goodman & Co Ltd. 1.39% of their portfolio | 1.9m $243.3m | Added +38.6k |
| FIL Ltd 0.17% of their portfolio | 1.5m $195.9m | Added +60.8k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 6.29% of their portfolio | 1.3m $170.4m | Unchanged |
| TURTLE CREEK ASSET MANAGEMENT INC. 4.74% of their portfolio | 1.3m $163.2m | Reduced -53.4k |
| NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio | 1.1m $148.0m | Reduced -25.9k |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 1.0m $130.9m | Added +37.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.11% of their portfolio | 903.5k $117.6m | Added +158.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 698.9k $91.2m | Added +1.9k |
| FMR LLC 0.01% of their portfolio | 688.9k $90.1m | Reduced -13.8k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 686.1k $89.8m | Added +2.9k |
| BloombergSen Inc. 7.03% of their portfolio | 637.8k $83.3m | Reduced -7.9k |
| CDAM (UK) Ltd 12.82% of their portfolio | 590.5k $77.1m | Reduced -21.8k |
| NORGES BANK 0.01% of their portfolio | 571.7k $74.8m | Added +16.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 560.0k $73.1m | Added +71.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 513.8k $67.1m | Reduced -10.3k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 482.2k $62.9m | Added +6.8k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 468.3k $61.1m | Reduced -11.7k |
| MACKENZIE FINANCIAL CORP 0.08% of their portfolio | 454.5k $59.5m | Added +61.0k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 446.4k $58.3m | Reduced -22.9k |
| Burgundy Asset Management Ltd. 0.54% of their portfolio | 426.5k $55.7m | Reduced -1.7k |
| ROYCE & ASSOCIATES LP 0.51% of their portfolio | 379.2k $49.5m | Added +5.2k |
| 1832 Asset Management L.P. 0.08% of their portfolio | 372.0k $48.6m | Reduced -32.7k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 361.9k $47.2m | Added +148.8k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 345.1k $45.0m | Reduced -31.6k |
| Alberta Investment Management Corp 0.33% of their portfolio | 325.2k $42.6m | Reduced -254.8k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 310.3k $21.7m | Added +62.0k |
| Invesco Ltd. 0.01% of their portfolio | 285.2k $37.2m | Added +1.5k |
| PICTON MAHONEY ASSET MANAGEMENT 0.50% of their portfolio | 272.6k $35.5m | New |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 266.6k $34.9m | Added +21.7k |
| Vulcan Value Partners, LLC 0.59% of their portfolio | 257.2k $33.6m | Reduced -21.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 251.2k $32.8m | Added +24.1k |
| Fenimore Asset Management Inc 0.65% of their portfolio | 247.7k $32.3m | Added +7.6k |
| TD Asset Management Inc 0.03% of their portfolio | 237.8k $31.0m | Added +13.9k |
| CIBC WORLD MARKET INC. 0.06% of their portfolio | 220.7k $28.9m | Reduced -5.9k |
| CIBC Asset Management Inc 0.09% of their portfolio | 219.7k $28.7m | Reduced -61.9k |
| Capital International Investors 0.00% of their portfolio | 185.6k $24.3m | Unchanged |
| Addenda Capital Inc. 1.01% of their portfolio | 157.8k $28.1m | Reduced -2.6k |
| KIRR MARBACH & CO LLC /IN/ 3.66% of their portfolio | 141.8k $18.5m | Added +1.0k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.20% of their portfolio | 138.5k $18.1m | Added +40.2k |
| CIDEL ASSET MANAGEMENT INC 1.01% of their portfolio | 129.3k $16.9m | Added +1.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.10% of their portfolio | 128.8k $16.8m | Added +9.4k |
| MORGAN STANLEY 0.00% of their portfolio | 125.2k $16.3m | Reduced -9.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 117.7k $15.4m | Reduced -11.7k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 113.2k $14.5m | Added +16.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 110.1k $14.4m | Reduced -16.4k |
| HARRIS ASSOCIATES L P 0.02% of their portfolio | 106.2k $13.9m | Added +21.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 99.7k $13.1m | Reduced -49.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 94.0k $12.3m | Reduced -960 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 91.8k $12.0m | Reduced -14.3k |
| CI INVESTMENTS INC. 0.04% of their portfolio | 89.9k $11.7m | Added +459 |
| Dixon Mitchell Investment Counsel Inc. 0.45% of their portfolio | 89.0k $11.6m | Reduced -2.0k |
| Fiera Capital Corp 0.04% of their portfolio | 86.9k $11.4m | Reduced -42.4k |
| Ceredex Value Advisors LLC 0.24% of their portfolio | 84.0k $11.0m | Added +2.4k |
| Swiss National Bank 0.01% of their portfolio | 80.6k $10.5m | Reduced -1.1k |
| AGF MANAGEMENT LTD 0.05% of their portfolio | 76.5k $10.0m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 74.1k $9.7m | Reduced -25.8k |
| INTACT INVESTMENT MANAGEMENT INC. 0.28% of their portfolio | 63.0k $8.2m | New |
| LOUISBOURG INVESTMENTS INC. 1.86% of their portfolio | 60.5k $7.9m | Added +29.7k |
| Federation des caisses Desjardins du Quebec 0.03% of their portfolio | 58.8k $7.6m | Added +42.9k |
| UBS Group AG 0.00% of their portfolio | 54.7k $7.1m | Added +16.7k |
| COOPER INVESTORS PTY LTD 1.19% of their portfolio | 50.3k $6.6m | Reduced -32.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 49.1k $6.4m | Reduced -22.9k |
| Legal & General Group Plc 0.00% of their portfolio | 47.1k $6.2m | Added +2.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 46.1k $6.0m | Added +11.6k |
| ARGENT CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 45.2k $5.9m | Added +3.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 44.1k $5.8m | Reduced -1.4k |
| LRT Capital Management, LLC 3.40% of their portfolio | 43.9k $5.7m | Added +14.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 43.9k $5.7m | Added +1.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 38.5k $5.0m | Reduced -38.7k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.67% of their portfolio | 38.4k $6.0m | Reduced -13.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 37.0k $4.8m | Reduced -1.0k |
| Canoe Financial LP 0.07% of their portfolio | 36.3k $4.8m | Reduced -1.7k |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 32.9k $4.3m | Added +553 |
| TD Waterhouse Canada Inc. 0.03% of their portfolio | 31.8k $4.2m | Added +1.3k |
| Nuveen, LLC 0.00% of their portfolio | 31.5k $4.1m | Reduced -4.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 30.4k $4.0m | Added +13.4k |
| JB CAPITAL PARTNERS LP 0.73% of their portfolio | 30.1k $3.9m | Unchanged |
| Aviso Financial Inc. 0.18% of their portfolio | 29.8k $3.9m | Reduced -4.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 27.2k $3.6m | Reduced -1.0k |
| Northwest & Ethical Investments L.P. 0.09% of their portfolio | 26.2k $3.4m | Added +3.8k |
| SIT INVESTMENT ASSOCIATES INC 0.07% of their portfolio | 26.2k $3.4m | Unchanged |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio | 25.7k $3.4m | Added +1.9k |
| Greenland Capital Management LP 0.37% of their portfolio | 22.1k $2.9m | New |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 0.15% of their portfolio | 22.0k $2.8m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 21.6k $2.8m | Added +5.0k |
| Empowered Funds, LLC 0.03% of their portfolio | 21.5k $2.8m | Added +5.7k |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 20.4k $2.7m | Reduced -40 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 19.2k $2.5m | Reduced -439 |
| TORONTO DOMINION BANK 0.00% of their portfolio | 16.4k $2.1m | Reduced -171 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 15.0k $1.9m | Reduced -101 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 14.5k $1.9m | Added +10.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 14.2k $1.8m | Added +2.2k |
| HughesLittle Investment Management Ltd. 0.38% of their portfolio | 14.0k $1.8m | Reduced -174.6k |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.26% of their portfolio | 13.9k $1.8m | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 13.8k $1.8m | Added +64 |
| Epoch Investment Partners, Inc. 0.01% of their portfolio | 13.2k $1.7m | Unchanged |