Vault-13

GRANITE REAL ESTATE INVT TR

UNIT 99/99/9999 · REIT · CUSIP 387437114

94 institutional holders -5 vs Q4 2022
35,460,33235.5m shares reported held*
$2.2bnreported value*
7 new 35 added 40 reduced 12 sold out net sold ≈ $31.3m (-506.6k 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 ($13.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.31. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 105Q4 22: 99Q1 23: 9494Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022105
Q4 202299
Q1 202394

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 39 bought or addedQ4 22: 63 cut or sold outQ4 22Q1 23: 42 bought or addedQ1 23: 52 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223963
Q1 20234252

Biggest buyers

Connor, Clark & Lunn Investment Management Ltd. Added +458,857+458.9k
ROYAL BANK OF CANADA Added +269,325+269.3k
Vision Capital Corp New +256,123+256.1k
Balyasny Asset Management L.P. Added +114,535+114.5k
INTACT INVESTMENT MANAGEMENT INC. Added +103,000+103.0k
BAROMETER CAPITAL MANAGEMENT INC. New +93,400+93.4k
PRINCIPAL FINANCIAL GROUP INC Added +63,184+63.2k
CIBC WORLD MARKET INC. Added +53,874+53.9k
CIBC Asset Management Inc Added +53,839+53.8k
MACKENZIE FINANCIAL CORP Added +36,347+36.3k

Biggest sellers

MORGAN STANLEY Reduced -351,054-351.1k
JPMORGAN CHASE & CO Reduced -333,503-333.5k
AGF MANAGEMENT LTD Reduced -257,629-257.6k
CIDEL ASSET MANAGEMENT INC Reduced -189,512-189.5k
Alberta Investment Management Corp Reduced -163,095-163.1k
TWO SIGMA INVESTMENTS, LP Reduced -117,800-117.8k
D. E. Shaw & Co., Inc. Reduced -96,135-96.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -91,000-91.0k
TD Asset Management Inc Reduced -87,320-87.3k
DSM CAPITAL PARTNERS LLC Sold out -65,018-65.0k

Biggest calls

None

Biggest puts

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
1832 Asset Management L.P. 13G · institution -1.6 pts · filed 2026-05-01 6.9% -1.6 pts 4.2m 2026-05-01

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 4,346,7364.3m $269.3m $269.3m 0.08% Added +269.3k +269,325
2 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 3,542,7043.5m $219.9m $219.9m 0.09% Added +17.9k +17,908
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,597,6032.6m $160.9m $160.9m 0.00% Added +35.1k +35,090
4 CIBC Asset Management Inc 0.65% of their portfolio TORONTO, Z4 2,577,5502.6m $159.5m $159.5m 0.65% Added +53.8k +53,839
5 Connor, Clark & Lunn Investment Management Ltd. 0.78% of their portfolio VANCOUVER, A1 2,330,6492.3m $144.3m $144.3m 0.78% Added +458.9k +458,857
6 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 2,150,8762.2m $133.3m $133.3m 0.05% Reduced -48.5k -48,504
7 FIL Ltd 0.13% of their portfolio HAMILTON, D0 1,833,2461.8m $113.5m $113.5m 0.13% Reduced -59.2k -59,208
8 1832 Asset Management L.P. 0.20% of their portfolio TORONTO, A6 1,551,9141.6m $96.2m $96.2m 0.20% Reduced -22.4k -22,408
9 AGF MANAGEMENT LTD 0.62% of their portfolio TORONTO, A6 1,451,4271.5m $89.9m $89.9m 0.62% Reduced -257.6k -257,629
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,430,2141.4m $88.6m $88.6m 0.01% Reduced -333.5k -333,503
11 MACKENZIE FINANCIAL CORP 0.10% of their portfolio TORONTO ONTARIO, A6 1,001,8481.0m $62.0m $62.0m 0.10% Added +36.3k +36,347
12 MONTRUSCO BOLTON INVESTMENTS INC. 1.25% of their portfolio MONTREAL, A8 981,249981.2k $60.7m $60.7m 1.25% Reduced -24.6k -24,631
13 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 864,833864.8k $53.6m $53.6m 0.03% Reduced -15.0k -14,956
14 TD Asset Management Inc 0.06% of their portfolio Toronto, A6 818,588818.6k $50.6m $50.6m 0.06% Reduced -87.3k -87,320
15 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 692,980693.0k $42.9m $42.9m 0.03% Added +63.2k +63,184
16 NORGES BANK 0.01% of their portfolio OSLO, Q8 608,826608.8k $37.7m $37.7m 0.01% Unchanged
17 CIBC WORLD MARKET INC. 0.10% of their portfolio TORONTO, A6 453,843453.8k $28.1m $28.1m 0.10% Added +53.9k +53,874
18 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 429,235429.2k $26.6m $26.6m 0.01% Added +17.4k +17,416
19 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 413,135413.1k $25.5m $25.5m 0.05% Reduced -14.5k -14,524
20 Legal & General Group Plc 0.01% of their portfolio London, X0 396,784396.8k $24.5m $24.5m 0.01% Added +15.4k +15,373
21 Cardinal Capital Management, Inc. 1.10% of their portfolio WINNIPEG, A2 328,815328.8k $20.3m $20.3m 1.10% Reduced -2.4k -2,430
22 TD Waterhouse Canada Inc. 0.26% of their portfolio TORONTO, A6 308,770308.8k $25.5m $25.5m 0.26% Added +5.3k +5,277
23 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 286,790286.8k $17.8m $17.8m 0.06% Added +114.5k +114,535
24 Vision Capital Corp 7.79% of their portfolio TORONTO, A6 256,123256.1k $15.9m $15.9m 7.79% New
25 INTACT INVESTMENT MANAGEMENT INC. 0.61% of their portfolio MONTREAL, A8 240,020240.0k $14.9m $14.9m 0.61% Added +103.0k +103,000
26 Alberta Investment Management Corp 0.14% of their portfolio EDMONTON, A0 225,474225.5k $13.9m $13.9m 0.14% Reduced -163.1k -163,095
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 205,234205.2k $12.7m $12.7m 0.00% Reduced -2.7k -2,742
28 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 200,000200.0k $12.4m $12.4m 0.02% Unchanged
29 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 192,573192.6k $13.5m $13.5m 0.02% Reduced -38.7k -38,715
30 GUARDIAN CAPITAL LP 0.36% of their portfolio TORONTO, A6 182,159182.2k $11.3m $11.3m 0.36% Reduced -2.0k -1,965
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 153,342153.3k $9.5m $9.5m 0.00% Reduced -351.1k -351,054
32 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 1.03% of their portfolio MISSISSAUGA, A6 143,652143.7k $8.9m $8.9m 1.03% Added +13.2k +13,238
33 SCOTIA CAPITAL INC. 0.06% of their portfolio TORONTO, A6 143,211143.2k $8.8m $8.8m 0.06% Reduced -1.8k -1,834
34 CIDEL ASSET MANAGEMENT INC 0.39% of their portfolio TORONTO, A6 137,379137.4k $8.5m $8.5m 0.39% Reduced -189.5k -189,512
35 Public Sector Pension Investment Board 0.06% of their portfolio MONTREAL, A8 133,554133.6k $8.3m $8.3m 0.06% Added +10.0k +10,003
36 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.09% of their portfolio VICTORIA, A1 133,476133.5k $8.3m $8.3m 0.09% Reduced -14.6k -14,612
37 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 132,682132.7k $8.2m $8.2m 0.00% Reduced -740 -740
38 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 132,546132.5k $8.2m $8.2m 0.00% Reduced -5.9k -5,879
39 Baskin Financial Services Inc. 0.85% of their portfolio TORONTO, A6 131,140131.1k $8.1m $8.1m 0.85% Added +3.2k +3,197
40 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 118,989119.0k $7.3m $7.3m 0.00% Added +2.9k +2,917
41 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 97,37297.4k $6.0m $6.0m 0.02% Added +689 +689
42 BAROMETER CAPITAL MANAGEMENT INC. 2.00% of their portfolio TORONTO, A6 93,40093.4k $7.8m $7.8m 2.00% New
43 Federation des caisses Desjardins du Quebec 0.07% of their portfolio LEVIS, A8 90,70690.7k $6.4m $6.4m 0.07% Added +16.8k +16,810
44 Anson Funds Management LP 0.78% of their portfolio DALLAS, TX 89,19289.2k $5.5m $5.5m 0.78% Added +29.0k +28,996
45 Swiss National Bank 0.00% of their portfolio ZURICH, V8 77,80077.8k $4.8m $4.8m 0.00% Unchanged
46 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 76,23776.2k $4.7m $4.7m 0.01% Reduced -117.8k -117,800
47 Cumberland Partners Ltd 0.31% of their portfolio TORONTO, A6 51,55751.6k $3.2m $3.2m 0.31% Reduced -7.7k -7,723
48 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 51,00051.0k $3.2m $3.2m 0.00% Reduced -91.0k -91,000
49 Addenda Capital Inc. 0.17% of their portfolio MONTREAL, A8 48,47048.5k $4.1m $4.1m 0.17% Added +5.5k +5,500
50 Canoe Financial LP 0.04% of their portfolio CALGARY, A0 48,02348.0k $3.0m $3.0m 0.04% First filing
51 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 45,71445.7k $2.8m $2.8m 0.00% Reduced -2.2k -2,196
52 Huber Capital Management LLC 0.69% of their portfolio EL SEGUNDO, CA 45,08745.1k $2.8m $2.8m 0.69% Unchanged
53 Tacita Capital Inc 1.89% of their portfolio TORONTO, A6 40,49940.5k $2.5m $2.5m 1.89% Reduced -375 -375
54 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 39,66439.7k $2.5m $2.5m 0.01% Reduced -17.6k -17,600
55 Amundi 0.00% of their portfolio Paris, I0 38,98039.0k $2.3m $2.3m 0.00% Added +3.5k +3,545
56 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 35,23935.2k $2.2m $2.2m 0.00% Added +193 +193
57 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 28,54128.5k $1.8m $1.8m 0.00% Added +3.8k +3,758
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 27,17127.2k $1.7m $1.7m 0.00% Reduced -3.9k -3,851
59 AXA S.A. 0.01% of their portfolio PARIS, I0 26,70026.7k $1.7m $1.7m 0.01% New
60 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 23,91123.9k $1.5m $1.5m 0.00% Reduced -14.9k -14,945
61 Man Group plc 0.01% of their portfolio LONDON, X0 23,60023.6k $1.5m $1.5m 0.01% New
62 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 22,43322.4k $1.4m $1.4m 0.00% Reduced -96.1k -96,135
63 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio BALA CYNWYD, PA 20,40020.4k $1.3m $1.3m 0.03% Reduced -600 -600
64 ClariVest Asset Management LLC 0.05% of their portfolio SAN DIEGO, CA 19,91019.9k $1.2m $1.2m 0.05% Added +80 +80
65 Waratah Capital Advisors Ltd. 0.06% of their portfolio TORONTO, A6 18,63418.6k $1.2m $1.2m 0.06% Reduced -18.3k -18,325
66 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 18,58318.6k $1.2m $1.2m 0.00% Reduced -256 -256
67 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 17,49717.5k $1.5m $1.5m 0.00% Unchanged
68 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 15,10915.1k $934.3k $934.3k 0.00% Added +1.1k +1,111
69 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 15,05915.1k $931.2k $931.2k 0.00% Reduced -6.9k -6,941
70 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 14,60014.6k $903.0k $903.0k 0.01% Added +3.3k +3,300
71 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 13,81713.8k $851.0k $851.0k 0.00% Added +576 +576
72 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 13,48113.5k $798.0k $798.0k 0.00% Unchanged
73 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 10,89010.9k $674.7k $674.7k 0.00% Reduced -15.5k -15,519
74 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 10,88810.9k $675.0k $675.0k 0.01% New
75 Credential Qtrade Securities Inc. 0.04% of their portfolio VANCOUVER, A1 10,66810.7k $660.6k $660.6k 0.04% Reduced -216 -216
76 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,45810.5k $648.0k $648.0k 0.00% Added +1.5k +1,458
77 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 10,44610.4k $647.4k $647.4k 0.00% Reduced -92 -92
78 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 9,0739.1k $561.1k $561.1k 0.00% New
79 Mariner Managed Account Solutions, LLC 0.04% of their portfolio Boston, MA 7,2317.2k $448.1k $448.1k 0.04% Unchanged
80 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 7,0647.1k $437.4k $437.4k 0.00% Added +1.1k +1,122
81 Northwest & Ethical Investments L.P. 0.01% of their portfolio TORONTO, A6 6,9817.0k $432.3k $432.3k 0.01% Reduced -62 -62
82 Weil Company, Inc. 0.19% of their portfolio SAN DIEGO, CA 6,8696.9k $425.6k $425.6k 0.19% Added +51 +51
83 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 6,5736.6k $407.0k $407.0k 0.00% Added +341 +341
84 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,8005.8k $359.4k $359.4k 0.00% New
85 BANK OF NOVA SCOTIA TRUST CO 0.04% of their portfolio TORONTO, A6 5,7435.7k $355.8k $355.8k 0.04% Unchanged
86 Hillsdale Investment Management Inc. 0.03% of their portfolio Toronto, A6 4,9204.9k $304.4k $304.4k 0.03% Reduced -530 -530
87 Ninepoint Partners LP 0.03% of their portfolio TORONTO, A6 3,2033.2k $198.5k $198.5k 0.03% Reduced -294 -294
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,9162.9k $180.7k $180.7k 0.00% Added +1.2k +1,224
89 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,7372.7k $169.6k $169.6k 0.00% Added +2.0k +1,983
90 SHELL ASSET MANAGEMENT CO 0.01% of their portfolio THE HAGUE, P7 1,9972.0k $123.0k $123.0k 0.01% Reduced -100 -100
91 Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio TOKYO, M0 1,5471.5k $95.7k $95.7k 0.00% Unchanged
92 Pacifica Partners Inc. 0.05% of their portfolio SURREY, Z4 1,4901.5k $88.1k $88.1k 0.05% Added +800 +800
93 BlackRock Inc. 0.00% of their portfolio New York, NY 456456 $28.3k $28.3k 0.00% Unchanged
94 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged