Vault-13

DOCEBO INC DCBO

COM · Common Stock · CUSIP 25609L105 · ISIN CA25609L1058

84 institutional holders -5 vs Q1 2023
12,546,10412.5m shares reported held*
$492.3mreported value*
9 new 31 added 26 reduced 14 sold out net sold ≈ $7.3m (-186.2k 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 ($130.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.24. Options: 4 managers hold calls ($819.6k notional), 2 hold puts ($153.8k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 80Q4 22: 84Q1 23: 89Q2 23: 8484Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202280
Q4 202284
Q1 202389
Q2 202384

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 32 bought or addedQ4 22: 40 cut or sold outQ4 22Q1 23: 44 bought or addedQ1 23: 28 cut or sold outQ1 23Q2 23: 40 bought or addedQ2 23: 40 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223240
Q1 20234428
Q2 20234040

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 22 calls: $21.0kQ3 22 puts: $877.0kQ3 22P/C 41.76Q4 22 calls: $172.1kQ4 22 puts: $585.8kQ4 22P/C 3.40Q1 23 calls: $1.8mQ1 23 puts: $101.8kQ1 23P/C 0.06Q2 23 calls: $819.6kQ2 23 puts: $153.8kQ2 23P/C 0.19
Numbers
QuarterCallsPutsP/C
Q3 2022$21.0k$877.0k41.76
Q4 2022$172.1k$585.8k3.40
Q1 2023$1.8m$101.8k0.06
Q2 2023$819.6k$153.8k0.19

Biggest buyers

WARBURG PINCUS LLC New +2,896,738+2.9m
CIBC Asset Management Inc Added +132,111+132.1k
ACADIAN ASSET MANAGEMENT LLC Added +124,895+124.9k
Hillsdale Investment Management Inc. Added +83,480+83.5k
Fiera Capital Corp New +79,566+79.6k
BANK OF MONTREAL /CAN/ Added +55,819+55.8k
PCJ Investment Counsel Ltd. Added +47,135+47.1k
Quadrature Capital Ltd New +43,900+43.9k
BAILLIE GIFFORD & CO Added +35,452+35.5k
Triasima Portfolio Management inc. Added +27,772+27.8k

Biggest sellers

CAT ROCK CAPITAL MANAGEMENT LP Reduced -2,242,006-2.2m
FIL Ltd Reduced -858,802-858.8k
BRIGHTLIGHT CAPITAL MANAGEMENT LP Reduced -154,511-154.5k
SQN Investors LP Reduced -65,310-65.3k
Alberta Investment Management Corp Sold out -60,505-60.5k
MILLENNIUM MANAGEMENT LLC Sold out -60,341-60.3k
CREDIT SUISSE AG/ Reduced -46,409-46.4k
BANK OF AMERICA CORP /DE/ Reduced -46,194-46.2k
BAROMETER CAPITAL MANAGEMENT INC. Sold out -39,300-39.3k
MARSHALL WACE, LLP Reduced -32,788-32.8k

Biggest calls

CITADEL ADVISORS LLC Reduced $646.7k16.4k shares
SIMPLEX TRADING, LLC Unchanged $169.0k4.3k shares
GROUP ONE TRADING LLC New $3.9k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $153.8k3.9k 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
Chapnik Jason 13D · may seek influence +2.3 pts · filed 2026-07-20
Stated purposeItem 4 of the Statement is hereby amended and supplemented as follows: On July 17, 2026, the Issuer announced that its board of directors has approved a substantial issuer bid (the "Offer") under which the Company will offer to repurchase for cancellation up to US$70,000,000 of its outstanding Common Shares at a price of US$20.40 per Common Share. Intercap has informed the Company that it intends to participate in the Offer in a manner consistent with maintaining at least its current level of ownership on a percent of outstanding Common Shares basis. However, Intercap's decision to participate in the Offer is subject to market conditions and other factors and Intercap reserves the right to change its intentions at any time. Intercap's percentage ownership interest in the Company may incre… Full filing
64.0% +2.3 pts 16.0m≈ $285.6m 2026-07-20
Beutel, Goodman & Co Ltd. 13G · institution new · filed 2026-01-05 5.5% new 1.6m≈ $28.0m 2026-01-05

Fell to 5% or below in the last year: Warburg Pincus Partners II (Cayman), L.P. (0.0%, 2026-02-17)

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 WARBURG PINCUS LLC 3.57% of their portfolio New York, NY 2,896,7382.9m $114.2m $114.2m 3.57% New
2 CAT ROCK CAPITAL MANAGEMENT LP 15.76% of their portfolio GREENWICH, CT 2,887,8442.9m $114.3m $114.3m 15.76% Reduced -2.2m -2,242,006
3 Long Path Partners LP 10.24% of their portfolio Stamford, CT 590,340590.3k $23.3m $23.3m 10.24% Unchanged
4 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 587,908587.9k $23.3m $23.3m 0.01% Added +55.8k +55,819
5 FEDERATED HERMES, INC. 0.05% of their portfolio PITTSBURGH, PA 549,449549.4k $21.7m $21.7m 0.05% Unchanged
6 Hillsdale Investment Management Inc. 1.69% of their portfolio Toronto, A6 464,999465.0k $18.4m $18.4m 1.69% Added +83.5k +83,480
7 FIL Ltd 0.02% of their portfolio HAMILTON, D0 409,077409.1k $16.2m $16.2m 0.02% Reduced -858.8k -858,802
8 CIBC Asset Management Inc 0.06% of their portfolio TORONTO, Z4 376,274376.3k $14.9m $14.9m 0.06% Added +132.1k +132,111
9 Crow's Nest Holdings LP 3.33% of their portfolio RICHMOND, VA 355,926355.9k $14.0m $14.0m 3.33% Added +25.7k +25,747
10 SQN Investors LP 6.25% of their portfolio Menlo Park, CA 342,283342.3k $13.5m $13.5m 6.25% Reduced -65.3k -65,310
11 BRIGHTLIGHT CAPITAL MANAGEMENT LP 8.45% of their portfolio WESTPORT, CT 261,289261.3k $10.3m $10.3m 8.45% Reduced -154.5k -154,511
12 ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio Boston, MA 249,477249.5k $9.9m $9.9m 0.04% Added +124.9k +124,895
13 BAILLIE GIFFORD & CO 0.01% of their portfolio EDINBURGH, X0 238,813238.8k $9.5m $9.5m 0.01% Added +35.5k +35,452
14 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 224,617224.6k $8.9m $8.9m 0.01% Reduced -46.4k -46,409
15 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 213,442213.4k $8.4m $8.4m 0.01% Reduced -17.2k -17,223
16 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 204,689204.7k $8.1m $8.1m 0.00% Added +3.1k +3,104
17 PCJ Investment Counsel Ltd. 3.08% of their portfolio TORONTO, A6 183,452183.5k $7.3m $7.3m 3.08% Added +47.1k +47,135
18 BRIDGER MANAGEMENT, LLC 1.82% of their portfolio NEW YORK, NY 138,592138.6k $5.5m $5.5m 1.82% Reduced -16.6k -16,615
19 PenderFund Capital Management Ltd. 1.92% of their portfolio VANCOUVER, A1 117,820117.8k $6.2k $6.2k 1.92% Unchanged
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 104,888104.9k $4.1m $4.1m 0.00% Added +17.6k +17,572
21 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 97,96698.0k $3.9m $3.9m 0.00% Added +12.5k +12,459
22 ESSEX INVESTMENT MANAGEMENT CO LLC 0.52% of their portfolio BOSTON, MA 94,96795.0k $3.7m $3.7m 0.52% Added +8.9k +8,860
23 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 82,16582.2k $3.2m $3.2m 0.01% Reduced -132 -132
24 Triasima Portfolio Management inc. 0.27% of their portfolio MONTREAL, A8 81,33481.3k $4.3m $4.3m 0.27% Added +27.8k +27,772
25 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 79,56679.6k $3.2m $3.2m 0.01% New
26 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 55,30055.3k $2.2m $2.2m 0.00% Reduced -20.4k -20,400
27 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 46,90046.9k $1.8m $1.8m 0.00% Reduced -2.4k -2,437
28 Quadrature Capital Ltd 0.04% of their portfolio LONDON, X0 43,90043.9k $1.7m $1.7m 0.04% New
29 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 43,40043.4k $1.7m $1.7m 0.00% Added +1.4k +1,400
30 Swiss National Bank 0.00% of their portfolio ZURICH, V8 39,90039.9k $1.6m $1.6m 0.00% Added +500 +500
31 SYCOMORE ASSET MANAGEMENT 0.32% of their portfolio PARIS, I0 34,90034.9k $1.4m $1.4m 0.32% Added +16.0k +16,000
32 Stanley-Laman Group, Ltd. 0.19% of their portfolio Berwyn, PA 28,53828.5k $1.1m $1.1m 0.19% Reduced -2.2k -2,229
33 Legato Capital Management LLC 0.15% of their portfolio San Francisco, CA 28,45928.5k $1.1m $1.1m 0.15% Added +8.1k +8,069
34 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 28,00428.0k $1.1m $1.1m 0.00% Added +2.8k +2,831
35 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 26,58326.6k $1.0m $1.0m 0.00% Reduced -32.8k -32,788
36 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 24,89824.9k $986.0k $986.0k 0.00% Reduced -5.5k -5,550
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 24,88624.9k $981.3k $981.3k 0.00% Reduced -28.4k -28,427
38 ADVISORY RESEARCH INC 0.12% of their portfolio CHICAGO, IL 24,15924.2k $952.6k $952.6k 0.12% Reduced -8.6k -8,625
39 Grandeur Peak Global Advisors, LLC 0.06% of their portfolio SALT LAKE CITY, UT 22,42522.4k $887.7k $887.7k 0.06% Unchanged
40 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 22,03122.0k $873.1k $873.1k 0.00% Reduced -11.9k -11,932
41 Erste Asset Management GmbH 0.01% of their portfolio VIENNA, C4 20,90020.9k $804.1k $804.1k 0.01% Unchanged
42 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 18,69218.7k $740.8k $740.8k 0.02% Reduced -858 -858
43 CIDEL ASSET MANAGEMENT INC 0.03% of their portfolio TORONTO, A6 17,69217.7k $701.1k $701.1k 0.03% New
44 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 16,51216.5k $654.4k $654.4k 0.00% Added +1.5k +1,461
45 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 13,58013.6k $535.0k $535.0k 0.00% New
46 CEERA INVESTMENTS, LLC 0.30% of their portfolio BELLAIRE, TX 13,01513.0k $513.2k $513.2k 0.30% Added +2.1k +2,150
47 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 12,40012.4k $488.9k $488.9k 0.00% Reduced -100 -100
48 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 12,38812.4k $488.5k $488.5k 0.00% Added +1.4k +1,447
49 Legal & General Group Plc 0.00% of their portfolio London, X0 11,42311.4k $452.7k $452.7k 0.00% Added +8.2k +8,181
50 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 9,6909.7k $505.5k $505.5k 0.01% Added +3.6k +3,578
51 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 9,3529.4k $368.7k $368.7k 0.00% Reduced -175 -175
52 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 8,3528.4k $329.3k $329.3k 0.01% Added +1.2k +1,163
53 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,1277.1k $281.0k $281.0k 0.00% Reduced -46.2k -46,194
54 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 7,0447.0k $278.8k $278.8k 0.00% Added +958 +958
55 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,6436.6k $262.0k $262.0k 0.00% Reduced -2.8k -2,823
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,5545.6k $219.0k $219.0k 0.00% New
57 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,1605.2k $203.5k $203.5k 0.00% Added +2.0k +2,022
58 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 3,9063.9k $153.9k $153.9k 0.00% Reduced -12.5k -12,471
59 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 3,3163.3k $130.0k $130.0k 0.00% Added +1.8k +1,781
60 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,2803.3k $129.3k $129.3k 0.00% Added +3.3k +3,275
61 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,9252.9k $115.3k $115.3k 0.00% Added +111 +111
62 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 2,7102.7k $107.4k $107.4k 0.00% Unchanged
63 TURTLE CREEK ASSET MANAGEMENT INC. 0.00% of their portfolio TORONTO, A6 1,8001.8k $71.0k $71.0k 0.00% Added +900 +900
64 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 1,7601.8k $69.0k $69.0k 0.00% Reduced -225 -225
65 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 1,4301.4k $57.0k $57.0k 0.00% Unchanged
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0851.1k $42.5k $42.5k 0.00% Added +252 +252
67 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,0681.1k $42.3k $42.3k 0.00% Reduced -1.8k -1,808
68 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 800800 $31.5k $31.5k 0.00% Added +300 +300
69 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 690690 $27.0k $27.0k 0.00% Unchanged
70 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 294294 $15.4k $15.4k 0.00% New
71 ADIRONDACK TRUST CO 0.00% of their portfolio SARATOGA SPRINGS, NY 135135 $5.2k $5.2k 0.00% Unchanged
72 OGOREK ANTHONY JOSEPH /NY/ /ADV 0.00% of their portfolio WILLIAMSVILLE, NY 100100 $3.0k $3.0k 0.00% Unchanged
73 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 100100 $3.9k $3.9k 0.00% Unchanged
74 Amundi 0.00% of their portfolio Paris, I0 100100 $3.9k $3.9k 0.00% Unchanged
75 BlackRock Inc. 0.00% of their portfolio New York, NY 5454 $2.1k $2.1k 0.00% Reduced -2.3k -2,348
76 DIVIDEND ASSETS CAPITAL, LLC 0.00% of their portfolio Ridgeland, SC 3030 $1.0k $1.0k 0.00% Unchanged
77 Rise Advisors, LLC 0.00% of their portfolio ROCHESTER, NY 3030 $1.2k $1.2k 0.00% Unchanged
78 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 2525 $985 $985 0.00% New
79 Concord Wealth Partners 0.00% of their portfolio ABINGDON, VA 2323 $907 $907 0.00% Unchanged
80 Missouri Trust & Investment Co 0.00% of their portfolio SPRINGFIELD, MO 2121 $828 $828 0.00% Unchanged
81 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 77 $276 $276 0.00% Unchanged
82 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 77 $276 $276 0.00% Reduced -21 -21
83 Mariner Managed Account Solutions, LLC 0.00% of their portfolio Boston, MA 22 $79 $79 0.00% New
84 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged