Vault-13

ORLA MNG LTD NEW OLA

COM · Common Stock · CUSIP 68634K106 · ISIN CA68634K1066

103 institutional holders +18 vs Q2 2024
139,985,816140.0m shares reported held*
$571.8mreported value*
27 new 34 added 19 reduced 10 sold out net bought ≈ $19.2m (+4.3m 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 ($14.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.08. Options: 6 managers hold calls ($2.0m notional), 4 hold puts ($95.6k).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 68Q4 22: 70Q1 23: 84Q2 23: 77Q3 23: 84Q4 23: 82Q1 24: 74Q2 24: 85Q3 24: 103103Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202268
Q4 202270
Q1 202384
Q2 202377
Q3 202384
Q4 202382
Q1 202474
Q2 202485
Q3 2024103

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 30 bought or addedQ4 22: 22 cut or sold outQ1 23: 52 bought or addedQ1 23: 14 cut or sold outQ1 23Q2 23: 38 bought or addedQ2 23: 36 cut or sold outQ3 23: 37 bought or addedQ3 23: 35 cut or sold outQ3 23Q4 23: 55 bought or addedQ4 23: 40 cut or sold outQ1 24: 31 bought or addedQ1 24: 46 cut or sold outQ1 24Q2 24: 43 bought or addedQ2 24: 29 cut or sold outQ3 24: 61 bought or addedQ3 24: 29 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223022
Q1 20235214
Q2 20233836
Q3 20233735
Q4 20235540
Q1 20243146
Q2 20244329
Q3 20246129

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 23 calls: $320.6kQ4 23 puts: $5.2kQ4 23P/C 0.02Q1 24 calls: $1.7mQ1 24 puts: $581.4kQ1 24P/C 0.35Q2 24 calls: $1.6mQ2 24 puts: $359.8kQ2 24P/C 0.22Q3 24 calls: $2.0mQ3 24 puts: $95.6kQ3 24P/C 0.05
Numbers
QuarterCallsPutsP/C
Q4 2023$320.6k$5.2k0.02
Q1 2024$1.7m$581.4k0.35
Q2 2024$1.6m$359.8k0.22
Q3 2024$2.0m$95.6k0.05

Biggest buyers

FAIRFAX FINANCIAL HOLDINGS LTD/ CAN Added +1,162,000+1.2m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +814,401+814.4k
MILLENNIUM MANAGEMENT LLC Added +574,607+574.6k
JPMORGAN CHASE & CO Added +411,822+411.8k
D.A. DAVIDSON & CO. New +384,697+384.7k
MORGAN STANLEY Added +377,894+377.9k
D. E. Shaw & Co., Inc. Added +278,900+278.9k
BANK OF AMERICA CORP /DE/ Added +244,889+244.9k
CITADEL ADVISORS LLC Added +238,731+238.7k
Allspring Global Investments Holdings, LLC Added +150,000+150.0k

Biggest sellers

VAN ECK ASSOCIATES CORP Reduced -370,777-370.8k
ROYAL BANK OF CANADA Reduced -333,387-333.4k
U S GLOBAL INVESTORS INC Sold out -301,660-301.7k
FMR LLC Reduced -284,900-284.9k
FRANKLIN RESOURCES INC Reduced -172,000-172.0k
Y-Intercept (Hong Kong) Ltd Reduced -54,625-54.6k
PCJ Investment Counsel Ltd. Sold out -50,190-50.2k
Alberta Investment Management Corp Reduced -34,900-34.9k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -24,250-24.2k
HOLDERNESS INVESTMENTS CO Reduced -19,420-19.4k

Biggest calls

ROYAL BANK OF CANADA Unchanged $1.0m259.0k shares
SIG North Trading, ULC Added $496.0k124.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $449.2k112.3k shares
CITADEL ADVISORS LLC Added $33.2k8.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 shares

Biggest puts

SIG North Trading, ULC Reduced $95.2k23.8k shares
CITADEL ADVISORS LLC Reduced $400100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 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
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 13G · passive investor -0.5 pts · filed 2025-12-11 19.8% -0.5 pts 76.0m≈ $743.6m 2025-12-11
VAN ECK ASSOCIATES CORP 13G · institution new · filed 2026-02-13 5.7% new 19.4m≈ $189.7m 2026-02-13

Fell to 5% or below in the last year: FMR LLC (0.0%, 2026-09-08)

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 20.54% of their portfolio TORONTO, A6 56,817,22956.8m $225.8m $225.8m 20.54% Added +1.2m +1,162,000
2 FMR LLC 0.01% of their portfolio BOSTON, MA 20,511,81120.5m $82.5m $82.5m 0.01% Reduced -284.9k -284,900
3 First Eagle Investment Management, LLC 0.07% of their portfolio NEW YORK, NY 8,098,8428.1m $32.6m $32.6m 0.07% Unchanged
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 7,547,1127.5m $34.5m $34.5m 0.01% Reduced -172.0k -172,000
5 VAN ECK ASSOCIATES CORP 0.05% of their portfolio NEW YORK, NY 7,412,4647.4m $37.3m $37.3m 0.05% Reduced -370.8k -370,777
6 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 6,446,3416.4m $25.8m $25.8m 0.00% Added +73.9k +73,922
7 Merk Investments LLC 23.48% of their portfolio PALO ALTO, CA 6,200,0006.2m $24.8m $24.8m 23.48% Unchanged
8 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 3,152,8803.2m $12.4m $12.4m 0.01% Reduced -17.2k -17,153
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,370,0812.4m $9.5m $9.5m 0.00% Reduced -333.4k -333,387
10 Amundi 0.00% of their portfolio Paris, I0 2,320,4892.3m $9.6m $9.6m 0.00% Added +149.6k +149,610
11 CWA Asset Management Group, LLC 0.32% of their portfolio NAPLES, FL 1,481,6671.5m $5.9m $5.9m 0.32% First filing
12 Goehring & Rozencwajg Associates, LLC 1.14% of their portfolio NEW YORK, NY 1,393,9711.4m $5.6m $5.6m 1.14% Added +98.8k +98,757
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,300,0001.3m $5.2m $5.2m 0.01% Unchanged
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 947,244947.2k $3.8m $3.8m 0.00% Added +814.4k +814,401
15 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 900,035900.0k $3.6m $3.6m 0.00% Added +574.6k +574,607
16 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 892,197892.2k $3.6m $3.6m 0.00% Reduced -18.7k -18,660
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 859,355859.4k $3.4m $3.4m 0.00% Added +29.2k +29,161
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 855,577855.6k $3.4m $3.4m 0.00% Added +244.9k +244,889
19 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 784,304784.3k $3.1m $3.1m 0.00% Reduced -10.7k -10,660
20 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 681,866681.9k $2.7m $2.7m 0.01% Added +23.6k +23,600
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 620,838620.8k $2.5m $2.5m 0.00% Added +377.9k +377,894
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 568,816568.8k $2.3m $2.3m 0.00% Added +411.8k +411,822
23 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 566,337566.3k $2.6m $2.6m 0.02% Unchanged
24 Legal & General Group Plc 0.00% of their portfolio London, X0 474,755474.8k $1.9m $1.9m 0.00% Added +6.1k +6,051
25 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 450,000450.0k $1.8m $1.8m 0.00% Added +150.0k +150,000
26 Swiss National Bank 0.00% of their portfolio ZURICH, V8 438,000438.0k $1.8m $1.8m 0.00% Added +3.1k +3,100
27 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 421,108421.1k $1.7m $1.7m 0.00% Added +74.3k +74,293
28 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 413,286413.3k $1.7m $1.7m 0.00% Added +886 +886
29 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 384,697384.7k $1.5m $1.5m 0.01% New
30 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 328,200328.2k $1.3m $1.3m 0.00% Added +278.9k +278,900
31 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 302,232302.2k $1.2m $1.2m 0.00% Added +238.7k +238,731
32 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 296,097296.1k $1.2m $1.2m 0.00% Added +119.0k +118,961
33 CIBC Asset Management Inc 0.00% of their portfolio TORONTO, Z4 288,612288.6k $1.2m $1.2m 0.00% Reduced -4.7k -4,656
34 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 237,908237.9k $957.5k $957.5k 0.02% Added +5.4k +5,429
35 SPROTT INC. 0.06% of their portfolio TORONTO, A6 228,250228.2k $916.4k $916.4k 0.06% Added +23.0k +23,000
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 212,002212.0k $852.7k $852.7k 0.00% Added +15.4k +15,404
37 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 185,528185.5k $742.1k $742.1k 0.01% Added +5.9k +5,932
38 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 184,329184.3k $742.3k $742.3k 0.00% Unchanged
39 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 174,610174.6k $702.3k $702.3k 0.00% Unchanged
40 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 159,953160.0k $639.8k $639.8k 0.00% Reduced -24.2k -24,250
41 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 133,766133.8k $538.6k $538.6k 0.00% Reduced -5.1k -5,115
42 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 124,412124.4k $500.4k $500.4k 0.00% Added +1.6k +1,576
43 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 114,628114.6k $462.9k $462.9k 0.00% Added +12.2k +12,159
44 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 109,994110.0k $442.0k $442.0k 0.00% Added +2.5k +2,455
45 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.00% of their portfolio VICTORIA, A1 100,860100.9k $405.6k $405.6k 0.00% Reduced -19.2k -19,162
46 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 87,80087.8k $351.2k $351.2k 0.00% Added +61.2k +61,200
47 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 81,17281.2k $324.7k $324.7k 0.02% New
48 PDT Partners, LLC 0.02% of their portfolio New York, NY 70,37970.4k $281.5k $281.5k 0.02% Added +24.5k +24,545
49 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 70,30070.3k $283.1k $283.1k 0.00% Reduced -34.9k -34,900
50 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 65,03765.0k $260.1k $260.1k 0.00% New
51 Dynamic Technology Lab Private Ltd 0.03% of their portfolio SINGAPORE, U0 60,45960.5k $242.0k $242.0k 0.03% New
52 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 59,94159.9k $241.4k $241.4k 0.00% New
53 Man Group plc 0.00% of their portfolio LONDON, X0 58,90058.9k $237.2k $237.2k 0.00% New
54 QUATTRO FINANCIAL ADVISORS LLC 0.07% of their portfolio The Woodlands, TX 57,33557.3k $262.3k $262.3k 0.07% Unchanged
55 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 56,88356.9k $229.1k $229.1k 0.00% Unchanged
56 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 56,82856.8k $227.3k $227.3k 0.00% New
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 47,17747.2k $188.7k $188.7k 0.00% Added +21.9k +21,877
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 45,87545.9k $183.5k $183.5k 0.00% Reduced -3.9k -3,876
59 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 44,30044.3k $177.2k $177.2k 0.00% Added +5.8k +5,800
60 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 40,46140.5k $163.3k $163.3k 0.00% Unchanged
61 Stratos Wealth Advisors, LLC 0.01% of their portfolio BEACHWOOD, OH 36,00036.0k $144.0k $144.0k 0.01% Reduced -4.2k -4,204
62 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 30,12930.1k $121.2k $121.2k 0.00% New
63 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 29,19129.2k $116.8k $116.8k 0.00% Added +3.8k +3,775
64 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 27,15127.2k $109.2k $109.2k 0.00% Reduced -7.6k -7,649
65 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 26,54726.5k $106.2k $106.2k 0.00% New
66 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 24,60024.6k $98.4k $98.4k 0.00% Unchanged
67 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 23,92523.9k $95.0k $95.0k 0.00% Unchanged
68 SIG North Trading, ULC 0.03% of their portfolio Bala Cynwyd, PA 23,66023.7k $94.6k $94.6k 0.03% New
69 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 22,62322.6k $103.9k $103.9k 0.00% New
70 Artisan Partners Limited Partnership 0.00% of their portfolio Milwaukee, WI 21,50021.5k $63.6k $63.6k 0.00% New
71 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 20,95020.9k $84.4k $84.4k 0.00% Unchanged
72 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 20,22420.2k $81.0k $81.0k 0.00% New
73 DF DENT & CO INC 0.00% of their portfolio BALTIMORE, MD 20,00020.0k $80.0k $80.0k 0.00% New
74 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 19,69219.7k $78.8k $78.8k 0.00% New
75 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 17,36417.4k $69.5k $69.5k 0.00% New
76 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 17,34517.3k $69.4k $69.4k 0.00% Reduced -6.9k -6,858
77 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 17,16517.2k $68.7k $68.7k 0.00% Reduced -10.4k -10,398
78 HOLDERNESS INVESTMENTS CO 0.01% of their portfolio GREENSBORO, NC 16,42016.4k $65.7k $65.7k 0.01% Reduced -19.4k -19,420
79 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 14,54914.5k $58.2k $58.2k 0.01% New
80 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 14,45714.5k $57.0k $57.0k 0.00% Added +880 +880
81 BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio Marion, MA 14,00014.0k $56.4k $56.4k 0.00% New
82 Marex Group Ltd 0.00% of their portfolio London, X0 13,99514.0k $56.0k $56.0k 0.00% New
83 Numerai GP LLC 0.01% of their portfolio SAN FRANCISCO, CA 13,97314.0k $55.9k $55.9k 0.01% New
84 Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio HONG KONG, K3 13,58213.6k $54.3k $54.3k 0.00% Reduced -54.6k -54,625
85 BROGAN FINANCIAL, INC. 0.03% of their portfolio KNOXVILLE, TN 12,62612.6k $50.5k $50.5k 0.03% New
86 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,52112.5k $50.1k $50.1k 0.00% New
87 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 12,51412.5k $50.0k $50.0k 0.00% First filing
88 KITCHING PARTNERS, LLC 0.06% of their portfolio CONSHOHOCKEN, PA 12,01812.0k $48.1k $48.1k 0.06% New
89 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 10,70010.7k $2.7k $2.7k 0.01% New
90 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,4418.4k $33.8k $33.8k 0.00% Unchanged
91 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 7,1547.2k $28.0k $28.0k 0.00% Added +3.3k +3,318
92 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 3,5793.6k $14.4k $14.4k 0.00% Unchanged
93 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 3,1803.2k $12.7k $12.7k 0.00% Unchanged
94 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,8782.9k $11.5k $11.5k 0.00% First filing
95 American Capital Advisory, LLC 0.01% of their portfolio KETCHUM, ID 2,5002.5k $10.0k $10.0k 0.01% New
96 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 2,0002.0k $8.0k $8.0k 0.00% Unchanged
97 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,3651.4k $5.5k $5.5k 0.00% New
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,1921.2k $4.8k $4.8k 0.00% Unchanged
99 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,0731.1k $4.3k $4.3k 0.00% New
100 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 627627 $2.5k $2.5k 0.00% Added +82 +82