Vault-13

CRONOS GROUP INC CRON

COM · Common Stock · CUSIP 22717L101 · ISIN CA22717L1013

188 institutional holders +9 vs Q2 2025
50,566,48350.6m shares reported held*
13.2% of all shares outstanding*
$140.4mreported value*
32 new 47 added 36 reduced 21 sold out net bought ≈ $3.9m (+1.4m 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 ($903.2k this quarter). Holder counts are more reliable. Shares outstanding: 382.9m as of 2025-11-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.78. Options: 14 managers hold calls ($8.0m notional), 13 hold puts ($14.2m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 203Q4 22: 195Q1 23: 181Q2 23: 153Q3 23: 161Q4 23: 171Q1 24: 179Q2 24: 182Q3 24: 179Q4 24: 186Q1 25: 167Q2 25: 179Q3 25: 188188Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022203
Q4 2022195
Q1 2023181
Q2 2023153
Q3 2023161
Q4 2023171
Q1 2024179
Q2 2024182
Q3 2024179
Q4 2024186
Q1 2025167
Q2 2025179
Q3 2025188

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 57 bought or addedQ4 23: 57 cut or sold outQ1 24: 65 bought or addedQ1 24: 60 cut or sold outQ1 24Q2 24: 71 bought or addedQ2 24: 55 cut or sold outQ3 24: 56 bought or addedQ3 24: 73 cut or sold outQ3 24Q4 24: 59 bought or addedQ4 24: 67 cut or sold outQ1 25: 50 bought or addedQ1 25: 68 cut or sold outQ1 25Q2 25: 72 bought or addedQ2 25: 51 cut or sold outQ3 25: 79 bought or addedQ3 25: 57 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20235757
Q1 20246560
Q2 20247155
Q3 20245673
Q4 20245967
Q1 20255068
Q2 20257251
Q3 20257957

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 24 calls: $8.4mQ4 24 puts: $4.1mQ4 24P/C 0.49Q1 25 calls: $5.6mQ1 25 puts: $3.8mQ1 25P/C 0.68Q2 25 calls: $4.3mQ2 25 puts: $2.8mQ2 25P/C 0.65Q3 25 calls: $8.0mQ3 25 puts: $14.2mQ3 25P/C 1.77
Numbers
QuarterCallsPutsP/C
Q4 2024$8.4m$4.1m0.49
Q1 2025$5.6m$3.8m0.68
Q2 2025$4.3m$2.8m0.65
Q3 2025$8.0m$14.2m1.77

Biggest buyers

D. E. Shaw & Co., Inc. Added +3,075,601+3.1m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +1,018,448+1.0m
CITADEL ADVISORS LLC Added +952,136+952.1k
TWO SIGMA INVESTMENTS, LP Added +912,773+912.8k
JANE STREET GROUP, LLC Added +879,388+879.4k
Caption Management, LLC Added +664,483+664.5k
SILVER OAK SECURITIES, INCORPORATED New +594,172+594.2k
Hillsdale Investment Management Inc. Added +462,294+462.3k
Janney Montgomery Scott LLC New +438,702+438.7k
MILLENNIUM MANAGEMENT LLC Added +379,250+379.2k

Biggest sellers

Quinn Opportunity Partners LLC Reduced -5,965,662-6.0m
ROYAL BANK OF CANADA Reduced -2,030,019-2.0m
CANNELL CAPITAL LLC Reduced -969,956-970.0k
MACKENZIE FINANCIAL CORP Sold out -728,257-728.3k
Tidal Investments LLC Reduced -695,596-695.6k
PRELUDE CAPITAL MANAGEMENT, LLC Reduced -562,591-562.6k
Bastion Asset Management Inc. Sold out -310,544-310.5k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -273,481-273.5k
Squarepoint Ops LLC Sold out -107,807-107.8k
TAM Capital Management Inc. Sold out -104,877-104.9k

Biggest calls

GROUP ONE TRADING LLC Added $3.0m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m582.5k shares
SIMPLEX TRADING, LLC Reduced $707.0k254.4k shares
IMC-Chicago, LLC Reduced $521.0k187.4k shares
Walleye Trading LLC Unchanged $444.8k160.0k shares
JANE STREET GROUP, LLC Added $408.5k147.7k shares
CITADEL ADVISORS LLC Added $352.5k126.8k shares
WOLVERINE TRADING, LLC Added $304.7k102.6k shares
SIG North Trading, ULC Added $288.3k103.7k shares
Caption Management, LLC Unchanged $278.0k100.0k shares

Biggest puts

Caption Management, LLC New $7.3m2.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.9m693.8k shares
SIMPLEX TRADING, LLC Added $1.6m568.8k shares
GROUP ONE TRADING LLC Reduced $1.3m452.5k shares
IMC-Chicago, LLC Added $770.1k277.0k shares
CITADEL ADVISORS LLC Added $501.2k180.3k shares
DRW Securities, LLC New $438.8k160.9k shares
Squarepoint Ops LLC Unchanged $156.0k56.1k shares
JANE STREET GROUP, LLC Added $106.7k38.6k shares
WOLVERINE TRADING, LLC Reduced $65.0k21.9k 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.

Insider purchases and sales in Q3 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 Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Chescapmanager LLC 3.53% of their portfolio BALTIMORE, MD 7,945,2377.9m $22.1m $22.1m 3.53% Reduced -5.0k -5,000
2 Tidal Investments LLC 0.06% of their portfolio Milwaukee, WI 4,957,4745.0m $13.8m $13.8m 0.06% Reduced -695.6k -695,596
3 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 3,871,7633.9m $10.8m $10.8m 0.01% Added +3.1m +3,075,601
4 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,474,0082.5m $6.9m $6.9m 0.00% Reduced -65.2k -65,247
5 CANNELL CAPITAL LLC 1.43% of their portfolio ALTA, WY 1,957,5042.0m $5.4m $5.4m 1.43% Reduced -970.0k -969,956
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,936,3871.9m $5.4m $5.4m 0.00% Reduced -2.0m -2,030,019
7 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,774,5491.8m $4.9m $4.9m 0.01% Added +292.8k +292,800
8 MMCAP International Inc. SPC 0.57% of their portfolio GRAND CAYMAN, E9 1,769,0821.8m $4.9m $4.9m 0.57% Added +82.7k +82,700
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,608,3521.6m $4.5m $4.5m 0.00% Added +952.1k +952,136
10 Quinn Opportunity Partners LLC 0.30% of their portfolio CHARLOTTESVILLE, VA 1,472,2821.5m $4.1m $4.1m 0.30% Reduced -6.0m -5,965,662
11 Hillsdale Investment Management Inc. 0.12% of their portfolio Toronto, A6 1,383,7761.4m $3.8m $3.8m 0.12% Added +462.3k +462,294
12 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 1,310,3861.3m $3.6m $3.6m 0.01% Added +912.8k +912,773
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,111,1861.1m $3.1m $3.1m 0.00% Added +879.4k +879,388
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 1,108,1311.1m $3.1m $3.1m 0.00% Added +1.0m +1,018,448
15 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,056,4451.1m $2.9m $2.9m 0.00% Added +379.2k +379,250
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 839,146839.1k $2.3m $2.3m 0.00% Added +101.7k +101,694
17 AdvisorShares Investments LLC 0.37% of their portfolio BETHESDA, MD 816,068816.1k $2.3m $2.3m 0.37% Added +225.0k +225,000
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 809,132809.1k $2.2m $2.2m 0.00% Added +276.4k +276,432
19 PRELUDE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio NEW YORK, NY 794,720794.7k $2.2m $2.2m 0.17% Reduced -562.6k -562,591
20 Caption Management, LLC 0.13% of their portfolio OKLAHOMA CITY, OK 794,568794.6k $2.2m $2.2m 0.13% Added +664.5k +664,483
21 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 654,459654.5k $1.8m $1.8m 0.00% Added +174.8k +174,834
22 SILVER OAK SECURITIES, INCORPORATED 0.12% of their portfolio JACKSON, TN 594,172594.2k $1.7m $1.7m 0.12% New
23 Kerrisdale Advisers, LLC 0.68% of their portfolio Miami, FL 468,786468.8k $1.3m $1.3m 0.68% Unchanged
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 467,410467.4k $1.3m $1.3m 0.00% Reduced -69.6k -69,601
25 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 438,702438.7k $1.2m $1.2m 0.00% New
26 Swiss National Bank 0.00% of their portfolio ZURICH, V8 404,800404.8k $1.1m $1.1m 0.00% Unchanged
27 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 385,196385.2k $1.1m $1.1m 0.00% Added +168.4k +168,366
28 Parallax Volatility Advisers, L.P. 0.03% of their portfolio San Francisco, CA 360,872360.9k $1.0m $1.0m 0.03% Added +7.3k +7,303
29 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 357,667357.7k $994.3k $994.3k 0.00% Reduced -2.4k -2,385
30 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 355,352355.4k $987.0k $987.0k 0.02% Added +330.1k +330,130
31 Cambria Investment Management, L.P. 0.05% of their portfolio Manhattan Beach, CA 324,502324.5k $902.1k $902.1k 0.05% Added +42.4k +42,412
32 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 299,372299.4k $832.3k $832.3k 0.02% New
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 293,242293.2k $815.2k $815.2k 0.00% Added +158.1k +158,062
34 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 275,009275.0k $760.6k $760.6k 0.00% Added +150.0k +150,009
35 WINTON GROUP Ltd 0.03% of their portfolio LONDON, X0 270,074270.1k $750.8k $750.8k 0.03% New
36 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 266,823266.8k $741.8k $741.8k 0.01% Added +109.2k +109,243
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 250,141250.1k $695.4k $695.4k 0.00% Reduced -42.7k -42,710
38 Formidable Asset Management, LLC 0.07% of their portfolio CINCINNATI, OH 241,205241.2k $460.7k $460.7k 0.07% Reduced -27.6k -27,595
39 Ewing Morris & Co. Investment Partners Ltd. 0.28% of their portfolio TORONTO, Z4 240,000240.0k $664.1k $664.1k 0.28% New
40 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 222,000222.0k $617.2k $617.2k 0.00% Added +159.3k +159,300
41 Baader Bank Aktiengesellschaft 0.05% of their portfolio Unterschleissheim, 2M 206,754206.8k $561.5k $561.5k 0.05% Added +3.6k +3,555
42 Freestone Capital Holdings, LLC 0.02% of their portfolio Seattle, WA 200,500200.5k $557.4k $557.4k 0.02% New
43 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 197,593197.6k $546.7k $546.7k 0.00% Added +189.3k +189,337
44 Legal & General Group Plc 0.00% of their portfolio London, X0 195,368195.4k $579.9k $579.9k 0.00% Unchanged
45 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 189,484189.5k $524.2k $524.2k 0.00% Unchanged
46 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 189,422189.4k $524.1k $524.1k 0.00% Unchanged
47 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 155,517155.5k $432.3k $432.3k 0.00% Added +19.6k +19,635
48 Shay Capital LLC 0.08% of their portfolio NEW YORK, NY 155,375155.4k $431.9k $431.9k 0.08% Added +100.0k +99,962
49 State of Wyoming 0.04% of their portfolio CHEYENNE, WY 122,709122.7k $341.1k $341.1k 0.04% New
50 Leonteq Securities AG 0.02% of their portfolio ZURICH, V8 117,613117.6k $452.8k $452.8k 0.02% Added +39.2k +39,237
51 Sunbelt Securities, Inc. 0.02% of their portfolio HOUSTON, TX 115,070115.1k $319.9k $319.9k 0.02% Reduced -53.5k -53,450
52 RBF Capital, LLC 0.01% of their portfolio RENO, NV 114,066114.1k $317.1k $317.1k 0.01% Added +13.5k +13,465
53 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 110,100110.1k $306.0k $306.0k 0.00% Added +98.8k +98,798
54 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 102,654102.7k $285.4k $285.4k 0.00% Reduced -10.5k -10,496
55 DRW Securities, LLC 0.01% of their portfolio CHICAGO, IL 90,00090.0k $245.4k $245.4k 0.01% New
56 SIG North Trading, ULC 0.04% of their portfolio Bala Cynwyd, PA 85,96886.0k $239.0k $239.0k 0.04% Added +17.0k +17,000
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 83,03183.0k $230.8k $230.8k 0.00% Reduced -1.6k -1,567
58 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 78,61678.6k $219.3k $219.3k 0.00% Added +42.3k +42,301
59 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 66,34466.3k $184.4k $184.4k 0.01% New
60 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 66,30066.3k $184.0k $184.0k 0.00% Reduced -16.3k -16,291
61 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 61,28361.3k $169.6k $169.6k 0.00% Unchanged
62 Headlands Technologies LLC 0.01% of their portfolio CHICAGO, IL 56,09956.1k $156.0k $156.0k 0.01% Added +48.3k +48,296
63 Main Street Financial Solutions, LLC 0.01% of their portfolio NEWTOWN, PA 50,47050.5k $140.3k $140.3k 0.01% New
64 Madrona Financial Services, LLC 0.03% of their portfolio EVERETT, WA 50,00050.0k $139.0k $139.0k 0.03% Unchanged
65 Kazazian Asset Management, LLC 0.17% of their portfolio FORT LAUDERDALE, FL 49,21449.2k $136.8k $136.8k 0.17% Reduced -13.4k -13,391
66 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 48,01648.0k $132.8k $132.8k 0.00% Unchanged
67 Virtu Financial LLC 0.01% of their portfolio New York, NY 47,86247.9k $133.0k $133.0k 0.01% New
68 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 43,20043.2k $120.1k $120.1k 0.00% New
69 Marathon Trading Investment Management LLC 0.05% of their portfolio RADNOR, PA 38,20038.2k $106.2k $106.2k 0.05% Reduced -19.8k -19,800
70 Cedar Wealth Management, LLC 0.03% of their portfolio LA JOLLA, CA 37,93537.9k $105.5k $105.5k 0.03% Unchanged
71 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 36,49336.5k $101.0k $101.0k 0.00% Unchanged
72 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 33,70933.7k $93.7k $93.7k 0.00% Reduced -5.3k -5,261
73 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 31,14631.1k $86.6k $86.6k 0.00% Added +6.2k +6,157
74 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 30,87630.9k $85.7k $85.7k 0.00% Unchanged
75 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 30,46630.5k $84.7k $84.7k 0.00% Reduced -500 -500
76 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 30,41130.4k $83.6k $83.6k 0.00% Reduced -494 -494
77 Mraz, Amerine & Associates, Inc. 0.01% of their portfolio Modesto, CA 29,82529.8k $82.9k $82.9k 0.01% Unchanged
78 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 29,03229.0k $76.4k $76.4k 0.00% Added +288 +288
79 Aigen Investment Management, LP 0.01% of their portfolio NEW YORK, NY 28,38528.4k $78.9k $78.9k 0.01% New
80 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 27,28227.3k $75.5k $75.5k 0.00% Reduced -4.8k -4,782
81 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 25,62625.6k $71.2k $71.2k 0.01% New
82 Empirical Asset Management, LLC 0.02% of their portfolio WELLESLEY, MA 25,00025.0k $69.5k $69.5k 0.02% New
83 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,30322.3k $62.0k $62.0k 0.00% Reduced -1.2k -1,223
84 Aquatic Capital Management LLC 0.00% of their portfolio CHICAGO, IL 20,86620.9k $58.0k $58.0k 0.00% First filing
85 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 19,19319.2k $53.4k $53.4k 0.00% Added +10.5k +10,465
86 SFMG, LLC 0.00% of their portfolio PLANO, TX 17,62217.6k $49.0k $49.0k 0.00% Unchanged
87 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 17,26517.3k $33.1k $33.1k 0.00% Unchanged
88 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 17,19417.2k $47.8k $47.8k 0.00% Added +16.5k +16,533
89 Sageworth Trust Co 0.00% of their portfolio LANCASTER, PA 15,00015.0k $41.7k $41.7k 0.00% Unchanged
90 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 14,29414.3k $39.7k $39.7k 0.00% New
91 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 14,00014.0k $38.7k $38.7k 0.00% Unchanged
92 Chicago Partners Investment Group LLC 0.00% of their portfolio CHICAGO, IL 13,80013.8k $34.4k $34.4k 0.00% Reduced -3.4k -3,400
93 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 13,22913.2k $36.8k $36.8k 0.00% Reduced -389 -389
94 Sender Co & Partners, Inc. 0.01% of their portfolio NEW YORK, NY 12,51212.5k $34.8k $34.8k 0.01% New
95 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 12,20012.2k $33.8k $33.8k 0.00% Reduced -375 -375
96 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,19812.2k $33.9k $33.9k 0.00% Reduced -3.7k -3,653
97 FOUNDERS FINANCIAL SECURITIES LLC 0.00% of their portfolio TOWSON, MD 12,00012.0k $33.4k $33.4k 0.00% Unchanged
98 Park Edge Advisors, LLC 0.01% of their portfolio Cleveland, OH 11,79711.8k $32.8k $32.8k 0.01% Reduced -34 -34
99 Scientech Research LLC 0.01% of their portfolio JERSEY CITY, NJ 11,58611.6k $32.2k $32.2k 0.01% New
100 Swiss Life Asset Management Ltd 0.00% of their portfolio Zurich, V8 11,10211.1k $30.8k $30.8k 0.00% New