Vault-13

GRANITE REAL ESTATE INVT TR

UNIT 99/99/9999 · REIT · CUSIP 387437114

95 institutional holders +3 vs Q1 2024
36,810,16436.8m shares reported held*
$1.8bnreported value*
8 new 39 added 32 reduced 4 sold out net sold ≈ $47.6m (-960.5k 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 ($626.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.73. Options: 1 managers hold calls ($967.2k notional), 2 hold puts ($2.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 105Q4 22: 99Q1 23: 94Q2 23: 97Q3 23: 93Q4 23: 98Q1 24: 92Q2 24: 9595Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022105
Q4 202299
Q1 202394
Q2 202397
Q3 202393
Q4 202398
Q1 202492
Q2 202495

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 outQ2 23: 50 bought or addedQ2 23: 42 cut or sold outQ2 23Q3 23: 47 bought or addedQ3 23: 39 cut or sold outQ4 23: 49 bought or addedQ4 23: 44 cut or sold outQ4 23Q1 24: 42 bought or addedQ1 24: 52 cut or sold outQ2 24: 47 bought or addedQ2 24: 36 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223963
Q1 20234252
Q2 20235042
Q3 20234739
Q4 20234944
Q1 20244252
Q2 20244736

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $7.6mQ4 23P/C —Q1 24 calls: $15.7mQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $967.2kQ2 24 puts: $2.0mQ2 24P/C 2.03
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$0$7.6m—
Q1 2024$15.7m$00.00
Q2 2024$967.2k$2.0m2.03

Biggest buyers

1832 Asset Management L.P. Added +533,918+533.9k
Balyasny Asset Management L.P. New +226,000+226.0k
Man Group plc Added +200,347+200.3k
MACKENZIE FINANCIAL CORP Added +172,376+172.4k
VANGUARD GROUP INC Added +163,055+163.1k
ROYAL BANK OF CANADA Added +156,236+156.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +148,285+148.3k
CIBC Asset Management Inc Added +142,024+142.0k
GOLDMAN SACHS GROUP INC Added +136,708+136.7k
D. E. Shaw & Co., Inc. Added +124,200+124.2k

Biggest sellers

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Reduced -1,469,582-1.5m
FIL Ltd Reduced -987,821-987.8k
PRINCIPAL FINANCIAL GROUP INC Reduced -287,560-287.6k
MORGAN STANLEY Reduced -218,807-218.8k
MONTRUSCO BOLTON INVESTMENTS INC. Reduced -116,181-116.2k
BANK OF MONTREAL /CAN/ Reduced -103,268-103.3k
Genus Capital Management Inc. Sold out -94,575-94.6k
TD Asset Management Inc Reduced -91,704-91.7k
Connor, Clark & Lunn Investment Management Ltd. Reduced -85,200-85.2k
Federation des caisses Desjardins du Quebec Reduced -71,016-71.0k

Biggest calls

SIG North Trading, ULC New $967.2k19.5k shares

Biggest puts

Genus Capital Management Inc. New $2.0m39.7k 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
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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 4,311,7714.3m $213.9m $213.9m 0.05% Added +156.2k +156,236
2 1832 Asset Management L.P. 0.37% of their portfolio TORONTO, A6 4,124,5074.1m $204.6m $204.6m 0.37% Added +533.9k +533,918
3 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 3,529,5593.5m $175.9m $175.9m 0.05% Reduced -103.3k -103,268
4 CIBC Asset Management Inc 0.53% of their portfolio TORONTO, Z4 3,016,5393.0m $149.4m $149.4m 0.53% Added +142.0k +142,024
5 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,851,6702.9m $141.4m $141.4m 0.01% Added +78.1k +78,066
6 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,797,5862.8m $138.8m $138.8m 0.00% Added +163.1k +163,055
7 FIL Ltd 0.10% of their portfolio HAMILTON, D0 1,960,3602.0m $97.1m $97.1m 0.10% Reduced -987.8k -987,821
8 MACKENZIE FINANCIAL CORP 0.12% of their portfolio TORONTO ONTARIO, A6 1,573,0271.6m $78.0m $78.0m 0.12% Added +172.4k +172,376
9 Connor, Clark & Lunn Investment Management Ltd. 0.31% of their portfolio VANCOUVER, A1 1,476,1751.5m $73.2m $73.2m 0.31% Reduced -85.2k -85,200
10 AGF MANAGEMENT LTD 0.40% of their portfolio TORONTO, A6 1,470,4381.5m $72.9m $72.9m 0.40% Added +61.0k +61,049
11 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 1,018,7441.0m $50.5m $50.5m 0.02% Reduced -1.5m -1,469,582
12 NORGES BANK 0.01% of their portfolio OSLO, Q8 803,560803.6k $39.8m $39.8m 0.01% Added +112.7k +112,687
13 MONTRUSCO BOLTON INVESTMENTS INC. 0.34% of their portfolio MONTREAL, A8 651,813651.8k $32.3m $32.3m 0.34% Reduced -116.2k -116,181
14 INTACT INVESTMENT MANAGEMENT INC. 0.93% of their portfolio MONTREAL, A8 500,020500.0k $24.8m $24.8m 0.93% Added +44.5k +44,500
15 CIBC WORLD MARKET INC. 0.06% of their portfolio TORONTO, A6 495,586495.6k $24.6m $24.6m 0.06% Added +92 +92
16 Legal & General Group Plc 0.01% of their portfolio London, X0 414,858414.9k $20.6m $20.6m 0.01% Reduced -27.2k -27,200
17 TD Waterhouse Canada Inc. 0.17% of their portfolio TORONTO, A6 380,323380.3k $18.7m $18.7m 0.17% Reduced -870 -870
18 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 376,030376.0k $18.6m $18.6m 0.02% Added +12.6k +12,639
19 Cardinal Capital Management, Inc. 0.65% of their portfolio WINNIPEG, A2 343,650343.6k $17.0m $17.0m 0.65% Added +1.5k +1,545
20 GUARDIAN CAPITAL LP 0.53% of their portfolio TORONTO, A6 284,749284.7k $14.1m $14.1m 0.53% Added +67.4k +67,366
21 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 274,565274.6k $13.6m $13.6m 0.01% Reduced -91.7k -91,704
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 228,155228.2k $11.3m $11.3m 0.00% Added +136.7k +136,708
23 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 226,000226.0k $11.2m $11.2m 0.03% New
24 Man Group plc 0.03% of their portfolio LONDON, X0 216,464216.5k $10.7m $10.7m 0.03% Added +200.3k +200,347
25 Alberta Investment Management Corp 0.11% of their portfolio EDMONTON, A0 212,215212.2k $10.5m $10.5m 0.11% Reduced -11.8k -11,778
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 189,832189.8k $9.4m $9.4m 0.00% Reduced -218.8k -218,807
27 CIDEL ASSET MANAGEMENT INC 0.65% of their portfolio TORONTO, A6 169,971170.0k $8.4m $8.4m 0.65% Added +5.7k +5,678
28 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 166,758166.8k $8.6m $8.6m 0.05% Reduced -71.0k -71,016
29 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 153,057153.1k $7.6m $7.6m 0.01% Added +63.7k +63,666
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 148,285148.3k $7.3m $7.3m 0.00% New
31 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 143,268143.3k $7.0m $7.0m 0.04% Reduced -3.5k -3,457
32 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 136,719136.7k $6.8m $6.8m 0.01% Added +5.1k +5,118
33 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 135,468135.5k $6.7m $6.7m 0.01% Added +124.2k +124,200
34 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.78% of their portfolio MISSISSAUGA, A6 129,492129.5k $6.4m $6.4m 0.78% Unchanged
35 NICOLA WEALTH MANAGEMENT LTD. 0.77% of their portfolio VANCOUVER, A1 127,400127.4k $8.6m $8.6m 0.77% Unchanged
36 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 111,511111.5k $5.5m $5.5m 0.00% Reduced -2.6k -2,610
37 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 101,592101.6k $5.0m $5.0m 0.01% Added +36.1k +36,131
38 Baskin Financial Services Inc. 0.42% of their portfolio TORONTO, A6 98,41498.4k $4.9m $4.9m 0.42% Reduced -8.5k -8,523
39 Aviso Financial Inc. 0.26% of their portfolio TORONTO, A6 97,18897.2k $4.7m $4.7m 0.26% First filing
40 Anson Funds Management LP 0.65% of their portfolio DALLAS, TX 91,92391.9k $4.6m $4.6m 0.65% Added +42.0k +42,000
41 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 90,56190.6k $4.4m $4.4m 0.01% Reduced -337 -337
42 Cumberland Partners Ltd 0.31% of their portfolio TORONTO, A6 86,08086.1k $4.3m $4.3m 0.31% Added +6.4k +6,423
43 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 83,19383.2k $4.1m $4.1m 0.00% Added +2.7k +2,659
44 Gold Investment Management Ltd. 1.69% of their portfolio EDMONTON, A0 80,72180.7k $4.0m $4.0m 1.69% Reduced -1.3k -1,328
45 Addenda Capital Inc. 0.20% of their portfolio MONTREAL, A8 76,03376.0k $5.2m $5.2m 0.20% Added +11.2k +11,150
46 Canoe Financial LP 0.07% of their portfolio CALGARY, A0 69,73569.7k $4.0m $4.0m 0.07% Unchanged
47 Swiss National Bank 0.00% of their portfolio ZURICH, V8 63,50063.5k $3.1m $3.1m 0.00% Unchanged
48 Quadrature Capital Ltd 0.05% of their portfolio LONDON, X0 62,80062.8k $3.1m $3.1m 0.05% New
49 Forge First Asset Management Inc. 1.12% of their portfolio TORONTO, Z4 52,50052.5k $2.6m $2.6m 1.12% New
50 Tacita Capital Inc 1.75% of their portfolio TORONTO, A6 49,89149.9k $2.5m $2.5m 1.75% Added +5.0k +5,018
51 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 43,30043.3k $2.1m $2.1m 0.00% Reduced -8.7k -8,700
52 Timelo Investment Management Inc. 3.95% of their portfolio Aurora, A6 39,59139.6k $2.0m $2.0m 3.95% Added +10.6k +10,600
53 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 35,46535.5k $1.8m $1.8m 0.01% Reduced -5.8k -5,777
54 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 30,76430.8k $1.5m $1.5m 0.00% Reduced -5.4k -5,400
55 Amundi 0.00% of their portfolio Paris, I0 30,48430.5k $1.5m $1.5m 0.00% Reduced -85 -85
56 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 27,04727.0k $1.3m $1.3m 0.00% Added +19.1k +19,108
57 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 25,43925.4k $1.3m $1.3m 0.00% Unchanged
58 Huber Capital Management LLC 0.28% of their portfolio EL SEGUNDO, CA 25,18025.2k $1.2m $1.2m 0.28% Added +102 +102
59 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 24,93724.9k $1.2m $1.2m 0.00% Reduced -28.0k -28,000
60 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 19,33919.3k $959.2k $959.2k 0.00% Added +581 +581
61 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 17,76017.8k $879.9k $879.9k 0.00% Added +587 +587
62 UniSuper Management Pty Ltd 0.01% of their portfolio Melbourne, Victoria, C3 17,50017.5k $1.2m $1.2m 0.01% Added +400 +400
63 PINEBRIDGE INVESTMENTS, L.P. 0.01% of their portfolio NEW YORK, NY 17,12717.1k $1.2m $1.2m 0.01% New
64 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 16,63616.6k $824.2k $824.2k 0.00% Reduced -4.0k -3,989
65 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 16,30416.3k $800.0k $800.0k 0.00% Reduced -1.4k -1,377
66 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 14,45614.5k $723.7k $723.7k 0.00% Added +1.2k +1,153
67 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,51313.5k $670.2k $670.2k 0.00% Added +4.9k +4,914
68 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 12,63712.6k $626.3k $626.3k 0.00% Added +5.6k +5,568
69 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 12,62212.6k $626.1k $626.1k 0.00% Reduced -876 -876
70 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 12,49012.5k $618.9k $618.9k 0.00% Added +1.8k +1,777
71 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 11,90011.9k $589.5k $589.5k 0.00% Reduced -287.6k -287,560
72 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 10,49310.5k $520.5k $520.5k 0.01% Reduced -125 -125
73 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,45810.5k $518.7k $518.7k 0.00% Unchanged
74 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 9,7359.7k $482.0k $482.0k 0.00% Added +1.1k +1,094
75 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 9,1599.2k $618.6k $618.6k 0.00% Unchanged
76 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 8,2588.3k $409.1k $409.1k 0.00% Reduced -1.3k -1,296
77 BANK OF NOVA SCOTIA TRUST CO 0.04% of their portfolio TORONTO, A6 7,2627.3k $360.2k $360.2k 0.04% Reduced -1.2k -1,200
78 Weil Company, Inc. 0.13% of their portfolio SAN DIEGO, CA 7,1587.2k $355.0k $355.0k 0.13% Added +64 +64
79 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,3776.4k $316.3k $316.3k 0.00% Added +4.1k +4,140
80 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,0436.0k $299.7k $299.7k 0.00% New
81 Cullen Capital Management, LLC 0.00% of their portfolio New York, NY 5,5985.6k $277.4k $277.4k 0.00% Unchanged
82 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 4,9905.0k $247.5k $247.5k 0.00% Reduced -1.0k -1,011
83 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,3904.4k $217.7k $217.7k 0.00% Reduced -555 -555
84 Northwest & Ethical Investments L.P. 0.01% of their portfolio TORONTO, A6 3,8863.9k $192.6k $192.6k 0.01% Unchanged
85 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,6322.6k $130.5k $130.5k 0.00% Reduced -204 -204
86 Ninepoint Partners LP 0.01% of their portfolio TORONTO, A6 2,2272.2k $110.5k $110.5k 0.01% Unchanged
87 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,6921.7k $83.9k $83.9k 0.00% Added +1 +1
88 FMR LLC 0.00% of their portfolio BOSTON, MA 1,4001.4k $69.4k $69.4k 0.00% New
89 Dixon Mitchell Investment Counsel Inc. 0.00% of their portfolio VANCOUVER, A1 1,0001.0k $49.9k $49.9k 0.00% Reduced -21 -21
90 Pacifica Partners Inc. 0.01% of their portfolio SURREY, Z4 590590 $29.4k $29.4k 0.01% Unchanged
91 BlackRock Inc. 0.00% of their portfolio New York, NY 456456 $22.6k $22.6k 0.00% Unchanged
92 NATIXIS 0.00% of their portfolio PARIS, I0 140140 $6.9k $6.9k 0.00% Unchanged
93 Hillsdale Investment Management Inc. 0.00% of their portfolio Toronto, A6 9090 $4.5k $4.5k 0.00% Unchanged
94 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 55 $248 $248 0.00% New
95 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged