Vault-13

EQUINOX GOLD CORP EQXCN 4.75 10.15.28

NOTE 4.750%10/1 · GLOBAL · CUSIP 29446YAC0

20 institutional holders +0 vs Q4 2025
11,182,22511.2m shares reported held*
$373.9mreported value*
5 new 4 added 6 reduced 5 sold out net sold ≈ $50.7m (-1.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $33.44.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01020Q3 24: 16Q4 24: 19Q1 25: 19Q2 25: 17Q3 25: 17Q4 25: 20Q1 26: 2020Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202416
Q4 202419
Q1 202519
Q2 202517
Q3 202517
Q4 202520
Q1 202620

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 24: 8 bought or addedQ4 24: 6 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 9 cut or sold outQ1 25Q2 25: 8 bought or addedQ2 25: 8 cut or sold outQ2 25Q3 25: 9 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 10 bought or addedQ4 25: 9 cut or sold outQ4 25Q1 26: 9 bought or addedQ1 26: 11 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 202486
Q1 202589
Q2 202588
Q3 202598
Q4 2025109
Q1 2026911

Biggest buyers

D. E. Shaw & Co., Inc. Added +17,920,000+17.9m
BNP PARIBAS FINANCIAL MARKETS Added +13,592,000+13.6m
PenderFund Capital Management Ltd. New +12,077,000+12.1m
LAZARD ASSET MANAGEMENT LLC Added +8,914,000+8.9m
SSI INVESTMENT MANAGEMENT LLC New +5,911,000+5.9m
Parallax Volatility Advisers, L.P. New +5,000,000+5.0m
PICTON MAHONEY ASSET MANAGEMENT New +5,000,000+5.0m
SG Americas Securities, LLC New +18,490+18.5k
Boussard & Gavaudan Investment Management LLP Added +11,900+11.9k

Biggest sellers

Point72 Asset Management, L.P. Reduced -15,410,000-15.4m
Context Capital Management, LLC Reduced -13,300,000-13.3m
PenderFund Capital Management Ltd. Sold out -12,077,000-12.1m
TWO SIGMA INVESTMENTS, LP Sold out -11,905,000-11.9m
CSS LLC/IL Reduced -11,000,000-11.0m
SSI INVESTMENT MANAGEMENT LLC Sold out -5,677,000-5.7m
Isabella Capital Management LLP Sold out -5,000,000-5.0m
WELLS FARGO & COMPANY/MN Reduced -3,184,000-3.2m
BANK OF NOVA SCOTIA Reduced -1,500,000-1.5m
AGF MANAGEMENT LTD Reduced -1,050,000-1.1m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 33,820,00033.8m $81.8m $81.8m 0.06% Added +17.9m +17,920,000
2 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 18,325,00018.3m $44.2m $44.2m 0.03% Added +13.6m +13,592,000
3 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 12,500,00012.5m $30.3m $30.3m 0.05% Reduced -15.4m -15,410,000
4 PenderFund Capital Management Ltd. 4.61% of their portfolio VANCOUVER, A1 12,077,00012.1m $29.4m $29.4m 4.61% New
5 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 11,681,00011.7m $282.2k $282.2k 0.00% Added +8.9m +8,914,000
6 Alberta Investment Management Corp 0.15% of their portfolio EDMONTON, A0 10,000,00010.0m $24.2m $24.2m 0.15% Unchanged
7 Context Capital Management, LLC 0.45% of their portfolio LAJOLLA, CA 8,050,0008.1m $19.4m $19.4m 0.45% Reduced -13.3m -13,300,000
8 CSS LLC/IL 1.06% of their portfolio CHICAGO, IL 7,936,0007.9m $19.1m $19.1m 1.06% Reduced -11.0m -11,000,000
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,690,0006.7m $13.6m $13.6m 0.00% Reduced -3.2m -3,184,000
10 SSI INVESTMENT MANAGEMENT LLC 0.98% of their portfolio Los Angeles, CA 5,911,0005.9m $14.2m $14.2m 0.98% New
11 Parallax Volatility Advisers, L.P. 0.52% of their portfolio San Francisco, CA 5,000,0005.0m $11.8m $11.8m 0.52% New
12 PICTON MAHONEY ASSET MANAGEMENT 0.13% of their portfolio Toronto, A6 5,000,0005.0m $12.1m $12.1m 0.13% New
13 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 2,500,0002.5m $6.1m $6.1m 0.01% Reduced -1.5m -1,500,000
14 Periscope Capital Inc. 1.05% of their portfolio Toronto, A6 2,500,0002.5m $6.0m $6.0m 1.05% Unchanged
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,428,0001.4m $3.4m $3.4m 0.00% Unchanged
16 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,200,0001.2m $2.9m $2.9m 0.01% Reduced -1.1m -1,050,000
17 MIZUHO SECURITIES USA LLC 0.01% of their portfolio NEW YORK, NY 250,000250.0k $604.3k $604.3k 0.01% Unchanged
18 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 87,00087.0k $209.7k $209.7k 0.03% Unchanged
19 Boussard & Gavaudan Investment Management LLP 4.82% of their portfolio London, X0 21,22521.2k $50.2m $50.2m 4.82% Added +11.9k +11,900
20 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 18,49018.5k $4.0m $4.0m 0.00% New