EQUINOX GOLD CORP EQX
COM · Common Stock · CUSIP 29446Y502 · ISIN CA29446Y5020
- SectorMaterials
- IndustryGold and Silver Ores
- 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.76. Options: 15 managers hold calls ($12.1m notional), 13 hold puts ($24.6m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 136 |
| Q4 2022 | 156 |
| Q1 2023 | 153 |
| Q2 2023 | 162 |
| Q3 2023 | 161 |
| Q4 2023 | 161 |
| Q1 2024 | 166 |
| Q2 2024 | 180 |
| Q3 2024 | 190 |
| Q4 2024 | 209 |
| Q1 2025 | 228 |
| Q2 2025 | 255 |
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 | 65 | 72 |
| Q4 2023 | 74 | 67 |
| Q1 2024 | 81 | 69 |
| Q2 2024 | 103 | 48 |
| Q3 2024 | 85 | 78 |
| Q4 2024 | 101 | 74 |
| Q1 2025 | 128 | 82 |
| Q2 2025 | 172 | 84 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $7.8m | $18.6m | 2.38 |
| Q4 2024 | $8.2m | $16.8m | 2.05 |
| Q1 2025 | $14.5m | $19.5m | 1.34 |
| Q2 2025 | $12.1m | $24.6m | 2.03 |
Biggest buyers
| VAN ECK ASSOCIATES CORP | Added | +15.6m |
| L1 Capital Pty Ltd | Added | +13.1m |
| ROYAL BANK OF CANADA | Added | +12.2m |
| GOLDMAN SACHS GROUP INC | Added | +12.1m |
| VANGUARD GROUP INC | Added | +11.8m |
| FRANKLIN RESOURCES INC | Added | +10.3m |
| Maple Rock Capital Partners Inc. | Added | +7.2m |
| Ruffer LLP | Added | +5.7m |
| BANK OF MONTREAL /CAN/ | Added | +5.1m |
| SPROTT INC. | Added | +5.0m |
Biggest sellers
| Orion Resource Partners LP | Reduced | -20.8m |
| MACKENZIE FINANCIAL CORP | Reduced | -4.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -3.0m |
| Waratah Capital Advisors Ltd. | Reduced | -1.5m |
| COMPASS ROSE ASSET MANAGEMENT, LP | Sold out | -1.5m |
| ALPINE ASSOCIATES MANAGEMENT INC. | Sold out | -1.3m |
| Cubist Systematic Strategies, LLC | Sold out | -1.2m |
| UBS Group AG | Reduced | -1.1m |
| Sagil Capital LLP | Sold out | -1.0m |
| Jump Financial, LLC | Reduced | -851.9k |
Biggest calls
| Caption Management, LLC | New | $2.6m456.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.4m410.6k shares |
| PEAK6 LLC | Reduced | $1.2m208.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m201.3k shares |
| Parallax Volatility Advisers, L.P. | New | $926.9k161.2k shares |
| TORONTO DOMINION BANK | Reduced | $866.4k150.0k shares |
| WOLVERINE TRADING, LLC | Added | $739.5k130.2k shares |
| BANK OF MONTREAL /CAN/ | New | $577.6k100.0k shares |
| SIG North Trading, ULC | Added | $514.0k89.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $395.0k68.8k shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Unchanged | $9.5m1.7m shares |
| CITADEL ADVISORS LLC | Added | $6.0m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.2m382.3k shares |
| IMC-Chicago, LLC | Added | $1.4m242.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m237.1k shares |
| Caption Management, LLC | New | $1.1m190.0k shares |
| GROUP ONE TRADING LLC | Added | $805.6k140.1k shares |
| CIBC WORLD MARKETS CORP | New | $588.2k102.3k shares |
| CSS LLC/IL | Unchanged | $527.9k91.8k shares |
| WOLVERINE TRADING, LLC | Added | $512.3k90.2k 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 |
|---|---|
| VAN ECK ASSOCIATES CORP 13G · institution -1.9 pts · filed 2026-02-13 | 10.8% |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 13G · passive investor new · filed 2026-08-25 | 6.4% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-28 | 5.2% |
Fell to 5% or below in the last year: Beaty Ross J (3.5%, 2026-01-15)
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 |
|---|---|---|
| VAN ECK ASSOCIATES CORP 0.33% of their portfolio | 50.2m $289.3m | Added +15.6m |
| VANGUARD GROUP INC 0.00% of their portfolio | 26.6m $153.8m | Added +11.8m |
| DONALD SMITH & CO., INC. 3.59% of their portfolio | 26.5m $152.4m | Added +2.6m |
| L1 Capital Pty Ltd 8.31% of their portfolio | 23.9m $137.5m | Added +13.1m |
| Maple Rock Capital Partners Inc. 4.11% of their portfolio | 14.3m $82.4m | Added +7.2m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 14.0m $80.6m | Added +12.1m |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 12.7m $73.3m | Added +12.2m |
| Orion Resource Partners LP 13.09% of their portfolio | 12.2m $70.6m | Reduced -20.8m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 11.6m $66.9m | Added +1.6m |
| Invesco Ltd. 0.01% of their portfolio | 10.8m $62.2m | Added +1.7m |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 10.4m $59.8m | Added +10.3m |
| SPROTT INC. 2.72% of their portfolio | 9.4m $54.4m | Added +5.0m |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 8.4m $48.2m | Added +4.0m |
| Helikon Investments Ltd 2.74% of their portfolio | 7.7m $44.3m | Added +2.1m |
| Ruffer LLP 1.91% of their portfolio | 7.5m $43.3m | Added +5.7m |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 7.3m $42.3m | Added +5.1m |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 5.5m $31.7m | Added +1.7m |
| Gemsstock Ltd. 5.46% of their portfolio | 5.3m $30.6m | Added +1.1m |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 5.0m $28.6m | Added +1.3m |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 4.9m $28.4m | Added +3.4m |
| Merk Investments LLC 11.49% of their portfolio | 4.9m $28.3m | New |
| AEGIS FINANCIAL CORP 16.37% of their portfolio | 4.8m $27.8m | Added +2.3m |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 4.8m $27.6m | Added +1.5m |
| Woodline Partners LP 0.11% of their portfolio | 3.8m $21.7m | New |
| GLAZER CAPITAL, LLC 0.76% of their portfolio | 3.7m $21.3m | New |
| Invenomic Capital Management LP 1.18% of their portfolio | 3.6m $20.8m | Added +2.3m |
| Amundi 0.01% of their portfolio | 2.9m $17.1m | Added +158.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 2.8m $16.2m | Added +2.5m |
| CenterBook Partners LP 0.89% of their portfolio | 2.8m $15.9m | Reduced -477.4k |
| Euro Pacific Asset Management, LLC 1.45% of their portfolio | 2.7m $15.6m | Added +1.7m |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 2.7m $15.7m | Added +2.7m |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 2.7m $15.7m | Reduced -4.2m |
| TD Asset Management Inc 0.01% of their portfolio | 2.7m $15.5m | Added +1.3m |
| PAULSON & CO. INC. 0.71% of their portfolio | 2.5m $14.4m | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 2.3m $13.2m | Added +1.1m |
| Goehring & Rozencwajg Associates, LLC 1.99% of their portfolio | 2.2m $13.0m | Added +681.9k |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $12.7m | Added +333.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 2.2m $12.7m | Added +1.8m |
| Luxor Capital Group, LP 1.64% of their portfolio | 2.2m $12.6m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1m $12.3m | Added +953.1k |
| GABELLI FUNDS LLC 0.08% of their portfolio | 2.0m $11.7m | Added +1.6m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 2.0m $11.7m | Added +76.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 2.0m $11.6m | Reduced -72.0k |
| Legal & General Group Plc 0.00% of their portfolio | 1.8m $10.5m | Added +681.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.6m $9.4m | Added +631.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 1.5m $8.7m | Reduced -3.0m |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 1.4m $7.9m | Reduced -231.0k |
| SHELL ASSET MANAGEMENT CO 0.27% of their portfolio | 1.4m $7.9m | Added +224.9k |
| Swiss National Bank 0.00% of their portfolio | 1.3m $7.5m | Added +551.6k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 1.3m $7.2m | Added +882.6k |
| Aquatic Capital Management LLC 0.14% of their portfolio | 1.2m $6.7m | Added +914.1k |
| LPL Financial LLC 0.00% of their portfolio | 1.2m $6.6m | Added +506.4k |
| BUILDER INVESTMENT GROUP INC /ADV 1.53% of their portfolio | 1.1m $6.2m | Added +12.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 1.0m $5.8m | Added +648.8k |
| Merewether Investment Management, LP 0.16% of their portfolio | 996.2k $5.7m | New |
| Quantbot Technologies LP 0.13% of their portfolio | 857.5k $4.9m | Added +417.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 810.0k $4.7m | Added +546.7k |
| UBS Group AG 0.00% of their portfolio | 795.6k $4.6m | Reduced -1.1m |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 795.4k $4.6m | Added +216.2k |
| Squarepoint Ops LLC 0.01% of their portfolio | 723.0k $4.2m | Added +578.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 709.7k $4.1m | Reduced -70.4k |
| CIBC Asset Management Inc 0.01% of their portfolio | 699.9k $4.0m | Added +157.4k |
| BlackRock, Inc. 0.00% of their portfolio | 699.9k $4.0m | Added +535.2k |
| Man Group plc 0.01% of their portfolio | 692.9k $4.0m | New |
| HRT FINANCIAL LP 0.02% of their portfolio | 681.7k $3.9m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 681.4k $3.9m | New |
| Trium Capital LLP 0.94% of their portfolio | 655.9k $3.8m | Not comparable |
| Jump Financial, LLC 0.04% of their portfolio | 591.9k $3.4m | Reduced -851.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 568.6k $3.3m | Reduced -203.0k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 552.0k $3.2m | New |
| Groupe la Francaise 0.05% of their portfolio | 550.0k $3.2m | Reduced -120.0k |
| GROUP ONE TRADING LLC 0.10% of their portfolio | 534.3k $3.1m | Added +348.7k |
| Galibier Capital Management Ltd. 0.91% of their portfolio | 527.0k $3.0m | Reduced -43.0k |
| LEUTHOLD GROUP, LLC 0.35% of their portfolio | 505.5k $2.9m | Reduced -7.9k |
| Nuveen, LLC 0.00% of their portfolio | 505.2k $2.9m | Added +190.7k |
| PARSONS CAPITAL MANAGEMENT INC/RI 0.17% of their portfolio | 470.4k $2.7m | Added +339.4k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 466.8k $2.7m | Added +36.8k |
| BARCLAYS PLC 0.00% of their portfolio | 449.3k $2.6m | Added +106.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 444.9k $2.6m | Added +232.9k |
| PCJ Investment Counsel Ltd. 0.88% of their portfolio | 444.4k $2.6m | Added +13.0k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 439.5k $2.5m | Added +200.9k |
| Waratah Capital Advisors Ltd. 0.17% of their portfolio | 431.2k $2.5m | Reduced -1.5m |
| BARD ASSOCIATES INC 0.79% of their portfolio | 428.5k $2.5m | Reduced -33.4k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 427.6k $2.5m | Added +79.9k |
| NORGES BANK 0.00% of their portfolio | 372.5k $2.1m | Reduced -317.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 356.1k $2.1m | Added +155.5k |
| Hartree Partners, LP 0.53% of their portfolio | 322.2k $1.9m | Added +172.2k |
| SIG North Trading, ULC 0.40% of their portfolio | 314.1k $1.8m | Reduced -106.8k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.03% of their portfolio | 289.4k $1.7m | Added +67.8k |
| PKO Investment Management Joint-Stock Co 0.17% of their portfolio | 281.4k $1.6m | Added +94.5k |
| IMC-Chicago, LLC 0.04% of their portfolio | 271.2k $1.6m | Added +133.7k |
| Acuitas Investments, LLC 1.23% of their portfolio | 269.5k $1.5m | Reduced -177.1k |
| NewEdge Advisors, LLC 0.01% of their portfolio | 268.7k $1.5m | Added +63.4k |
| Erste Asset Management GmbH 0.02% of their portfolio | 265.2k $2.8m | New |
| Quadrature Capital Ltd 0.03% of their portfolio | 257.5k $1.5m | Reduced -301.4k |
| SG Americas Securities, LLC 0.01% of their portfolio | 243.9k $1.4m | Reduced -93.0k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 242.1k $1.4m | Added +102.5k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 241.5k $1.4m | New |
| Moran Wealth Management, LLC 0.04% of their portfolio | 237.9k $1.4m | Added +1.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 235.2k $1.4m | Reduced -295.1k |