Vault-13

GALIANO GOLD INC GAU

COM · Common Stock · CUSIP 36352H100

52 institutional holders +2 vs Q2 2024
128,140,006128.1m shares reported held*
49.8% of all shares outstanding*
$184.5mreported value*
8 new 18 added 14 reduced 6 sold out net bought ≈ $14.0m (+9.9m 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. Shares outstanding: 257.1m as of 2024-12-31, 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 ≈ $1.44. Options: 3 managers hold calls ($29.0k notional), 2 hold puts ($1.4k).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 26Q4 22: 30Q1 23: 31Q2 23: 32Q3 23: 33Q4 23: 33Q1 24: 42Q2 24: 50Q3 24: 5252Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202226
Q4 202230
Q1 202331
Q2 202332
Q3 202333
Q4 202333
Q1 202442
Q2 202450
Q3 202452

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 5 cut or sold outQ1 23: 11 bought or addedQ1 23: 9 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 13 cut or sold outQ3 23: 11 bought or addedQ3 23: 12 cut or sold outQ3 23Q4 23: 9 bought or addedQ4 23: 13 cut or sold outQ1 24: 23 bought or addedQ1 24: 13 cut or sold outQ1 24Q2 24: 27 bought or addedQ2 24: 15 cut or sold outQ3 24: 26 bought or addedQ3 24: 20 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022145
Q1 2023119
Q2 20231513
Q3 20231112
Q4 2023913
Q1 20242313
Q2 20242715
Q3 20242620

Calls vs puts

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

CallsPuts
$0$20k$40k$60k$80kQ4 23 calls: $752Q4 23 puts: $1.9kQ4 23P/C 2.50Q1 24 calls: $5.3kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $75.6kQ2 24 puts: $16.0kQ2 24P/C 0.21Q3 24 calls: $29.0kQ3 24 puts: $1.4kQ3 24P/C 0.05
Numbers
QuarterCallsPutsP/C
Q4 2023$752$1.9k2.50
Q1 2024$5.3k$00.00
Q2 2024$75.6k$16.0k0.21
Q3 2024$29.0k$1.4k0.05

Biggest buyers

DONALD SMITH & CO., INC. Added +5,961,685+6.0m
Invesco Ltd. Added +4,135,100+4.1m
VAN ECK ASSOCIATES CORP Added +2,070,000+2.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE New +447,296+447.3k
BANK OF AMERICA CORP /DE/ Added +434,541+434.5k
TWO SIGMA INVESTMENTS, LP New +336,157+336.2k
RENAISSANCE TECHNOLOGIES LLC Added +323,923+323.9k
Ruffer LLP Added +259,000+259.0k
GOLDMAN SACHS GROUP INC Added +254,000+254.0k
JPMORGAN CHASE & CO New +206,400+206.4k

Biggest sellers

Equinox Partners Investment Management LLC Reduced -3,345,173-3.3m
ACADIAN ASSET MANAGEMENT LLC Reduced -714,288-714.3k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -490,727-490.7k
Hillsdale Investment Management Inc. Sold out -300,178-300.2k
FRANKLIN RESOURCES INC Reduced -110,000-110.0k
JANE STREET GROUP, LLC Reduced -91,924-91.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -67,007-67.0k
SUN VALLEY GOLD LLC Reduced -56,795-56.8k
Cubist Systematic Strategies, LLC Sold out -54,163-54.2k
CIBC WORLD MARKET INC. Sold out -50,000-50.0k

Biggest calls

SIMPLEX TRADING, LLC Reduced $24.0k17.0k shares
CITADEL ADVISORS LLC Added $5.0k3.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.4k1.0k 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
DONALD SMITH & CO., INC. 13G · institution +1.2 pts · filed 2026-08-11 10.1% +1.2 pts 26.3m≈ $49.3m 2026-08-11
Equinox Partners Investment Management LLC 13G · passive investor filed 2025-11-14 6.1% 15.7m≈ $29.4m 2025-11-14
BlackRock Portfolio Management LLC 13G · institution -2.2 pts · filed 2026-10-27 5.9% -2.2 pts 15.6m≈ $29.1m 2026-10-27

Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (1.7%, 2026-02-12)

Insider purchases and sales in Q3 2024

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 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Equinox Partners Investment Management LLC 32.23% of their portfolio STAMFORD, CT 32,880,76332.9m $46.9m $46.9m 32.23% Reduced -3.3m -3,345,173
2 DONALD SMITH & CO., INC. 0.80% of their portfolio NEW YORK, NY 23,881,32323.9m $33.9m $33.9m 0.80% Added +6.0m +5,961,685
3 Ruffer LLP 0.78% of their portfolio LONDON, X0 17,599,96217.6m $24.8m $24.8m 0.78% Added +259.0k +259,000
4 SUN VALLEY GOLD LLC 31.41% of their portfolio Sun Valley, ID 13,900,51713.9m $19.8m $19.8m 31.41% Reduced -56.8k -56,795
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 10,970,30011.0m $15.6m $15.6m 0.00% Added +4.1m +4,135,100
6 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 7,947,2627.9m $11.5m $11.5m 0.00% Reduced -110.0k -110,000
7 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 6,854,0006.9m $11.9m $11.9m 0.01% Added +2.1m +2,070,000
8 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,500,0003.5m $5.0m $5.0m 0.01% Unchanged
9 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 2,724,5762.7m $3.9m $3.9m 0.01% Added +323.9k +323,923
10 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,506,0331.5m $2.1m $2.1m 0.00% Added +7.7k +7,674
11 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 1,285,3241.3m $1.8m $1.8m 0.01% Reduced -16.7k -16,700
12 De Lisle Partners LLP 0.19% of their portfolio POOLE, X0 815,416815.4k $1.2m $1.2m 0.19% Added +100.0k +100,000
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 585,757585.8k $831.8k $831.8k 0.00% Added +434.5k +434,541
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 526,866526.9k $748.1k $748.1k 0.00% Added +254.0k +254,000
15 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 447,296447.3k $638.7k $638.7k 0.00% New
16 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 336,157336.2k $477.3k $477.3k 0.00% New
17 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 270,618270.6k $386.1k $386.1k 0.00% Reduced -490.7k -490,727
18 SAPIENT CAPITAL LLC 0.01% of their portfolio INDIANAPOLIS, IN 247,694247.7k $353.9k $353.9k 0.01% Added +15.4k +15,450
19 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 229,902229.9k $325.0k $325.0k 0.00% Reduced -714.3k -714,288
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 212,521212.5k $301.8k $301.8k 0.00% Added +195.0k +194,953
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 206,400206.4k $293.1k $293.1k 0.00% New
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 180,207180.2k $255.9k $255.9k 0.00% Added +79.9k +79,943
23 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 160,450160.4k $231.3k $231.3k 0.00% Added +149.7k +149,666
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 156,933156.9k $223.9k $223.9k 0.00% Reduced -31.3k -31,265
25 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 139,800139.8k $198.5k $198.5k 0.00% Added +109.8k +109,800
26 AEGIS FINANCIAL CORP 0.13% of their portfolio MC LEAN, VA 106,100106.1k $151.6k $151.6k 0.13% New
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 57,30657.3k $81.4k $81.4k 0.00% Reduced -91.9k -91,924
28 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 44,87344.9k $63.7k $63.7k 0.00% New
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 43,09743.1k $61.2k $61.2k 0.00% Reduced -37.9k -37,925
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 37,89937.9k $53.0k $53.0k 0.00% Added +4.5k +4,504
31 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 31,70131.7k $45.2k $45.2k 0.00% Unchanged
32 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 30,29530.3k $43.2k $43.2k 0.00% Reduced -4.5k -4,505
33 Artisan Partners Limited Partnership 0.00% of their portfolio Milwaukee, WI 30,00030.0k $31.5k $31.5k 0.00% New
34 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 30,00030.0k $42.6k $42.6k 0.00% Unchanged
35 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 27,82727.8k $39.0k $39.0k 0.00% Added +4.6k +4,602
36 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 25,00025.0k $36.0k $36.0k 0.00% New
37 Banque Cantonale Vaudoise 0.00% of their portfolio LAUSANNE, V8 22,91822.9k $33.0k $33.0k 0.00% New
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 22,33722.3k $31.7k $31.7k 0.00% Reduced -67.0k -67,007
39 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 20,87420.9k $29.6k $29.6k 0.00% Reduced -20.4k -20,359
40 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 12,09512.1k $17.2k $17.2k 0.00% Added +1.5k +1,500
41 Triasima Portfolio Management inc. 0.00% of their portfolio MONTREAL, A8 11,00011.0k $15.7k $15.7k 0.00% Reduced -6.0k -6,000
42 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,3005.3k $7.6k $7.6k 0.00% Added +1.5k +1,500
43 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 5,0005.0k $6.9k $6.9k 0.00% Unchanged
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,5002.5k $3.5k $3.5k 0.00% Unchanged
45 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,2002.2k $3.1k $3.1k 0.00% Unchanged
46 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 2,0002.0k $2.8k $2.8k 0.00% Unchanged
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,5001.5k $2.1k $2.1k 0.00% Unchanged
48 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1,0001.0k $1.4k $1.4k 0.00% Unchanged
49 JAMISON PRIVATE WEALTH MANAGEMENT, INC. 0.00% of their portfolio MILTON, GA 1,0001.0k $1.4k $1.4k 0.00% Unchanged
50 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 100100 $142 $142 0.00% Reduced -319 -319
51 Catalyst Funds Management Pty Ltd 0.00% of their portfolio SYDNEY NSW, C3 77 $10 $10 0.00% Unchanged
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged