Vault-13

OSISKO GOLD ROYALTIES LTD

COM · CUSIP 68827L101

159 institutional holders -5 vs Q3 2023
113,703,591113.7m shares reported held*
$1.6bnreported value*
21 new 47 added 55 reduced 30 sold out net sold ≈ $37.2m (-2.9m 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 ($50.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.29. Options: 8 managers hold calls ($18.8m notional), 6 hold puts ($4.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 147Q4 22: 160Q1 23: 165Q2 23: 177Q3 23: 164Q4 23: 159159Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022147
Q4 2022160
Q1 2023165
Q2 2023177
Q3 2023164
Q4 2023159

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 78 bought or addedQ4 22: 56 cut or sold outQ4 22Q1 23: 82 bought or addedQ1 23: 69 cut or sold outQ1 23Q2 23: 89 bought or addedQ2 23: 74 cut or sold outQ2 23Q3 23: 83 bought or addedQ3 23: 75 cut or sold outQ3 23Q4 23: 68 bought or addedQ4 23: 85 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227856
Q1 20238269
Q2 20238974
Q3 20238375
Q4 20236885

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 23 calls: $21.5mQ1 23 puts: $3.1mQ1 23P/C 0.15Q2 23 calls: $26.2mQ2 23 puts: $3.8mQ2 23P/C 0.14Q3 23 calls: $14.2mQ3 23 puts: $1.9mQ3 23P/C 0.13Q4 23 calls: $18.8mQ4 23 puts: $4.4mQ4 23P/C 0.23
Numbers
QuarterCallsPutsP/C
Q1 2023$21.5m$3.1m0.15
Q2 2023$26.2m$3.8m0.14
Q3 2023$14.2m$1.9m0.13
Q4 2023$18.8m$4.4m0.23

Biggest buyers

Connor, Clark & Lunn Investment Management Ltd. Added +1,525,545+1.5m
GOLDMAN SACHS GROUP INC Added +568,861+568.9k
Fiera Capital Corp Added +540,915+540.9k
ROYAL BANK OF CANADA Added +472,035+472.0k
TD Asset Management Inc Added +404,297+404.3k
JANE STREET GROUP, LLC Added +378,754+378.8k
SPROTT INC. Added +361,372+361.4k
BARCLAYS PLC Added +251,842+251.8k
BANK OF AMERICA CORP /DE/ Added +222,276+222.3k
VAN ECK ASSOCIATES CORP Added +202,007+202.0k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -2,857,060-2.9m
Bornite Capital Management LP Sold out -1,015,000-1.0m
TWO SIGMA INVESTMENTS, LP Reduced -616,164-616.2k
Verition Fund Management LLC Reduced -557,283-557.3k
Knoll Capital Management, LLC Sold out -400,000-400.0k
Public Sector Pension Investment Board Sold out -399,966-400.0k
HORIZON KINETICS ASSET MANAGEMENT LLC Reduced -371,787-371.8k
TWO SIGMA ADVISERS, LP Sold out -341,300-341.3k
Qube Research & Technologies Ltd Reduced -222,934-222.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -191,074-191.1k

Biggest calls

ROYAL BANK OF CANADA Added $8.2m575.6k shares
JANE STREET GROUP, LLC Added $7.7m538.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.3m159.3k shares
SIMPLEX TRADING, LLC Reduced $244.0k17.1k shares
CITADEL ADVISORS LLC Added $198.5k13.9k shares
Walleye Capital LLC New $154.2k10.8k shares
GROUP ONE TRADING LLC Reduced $1.4k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.7m186.6k shares
CITADEL ADVISORS LLC Added $1.3m92.6k shares
WOLVERINE TRADING, LLC Reduced $181.4k12.7k shares
SIMPLEX TRADING, LLC Added $104.0k7.3k shares
GROUP ONE TRADING LLC Added $98.5k6.9k 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
EdgePoint Investment Group Inc. 13G · institution filed 2025-02-14 12.0% 22.5m 2025-02-14
VAN ECK ASSOCIATES CORP 13G · institution filed 2025-05-12 8.1% 15.2m 2025-05-12
BlackRock Portfolio Management LLC 13G · institution new · filed 2025-04-15 5.6% new 10.5m 2025-04-15

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 EdgePoint Investment Group Inc. 2.99% of their portfolio TORONTO, A6 24,226,64924.2m $345.8m $345.8m 2.99% Added +196.2k +196,200
2 VAN ECK ASSOCIATES CORP 0.53% of their portfolio NEW YORK, NY 20,266,31320.3m $289.4m $289.4m 0.53% Added +202.0k +202,007
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 6,736,1976.7m $96.2m $96.2m 0.00% Added +41.4k +41,380
4 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 5,995,1036.0m $85.6m $85.6m 0.08% Reduced -2.9m -2,857,060
5 Caisse de depot et placement du Quebec 0.17% of their portfolio Montreal, A8 4,767,0744.8m $68.4m $68.4m 0.17% Unchanged
6 SPROTT INC. 4.91% of their portfolio TORONTO, A6 3,820,7103.8m $54.6m $54.6m 4.91% Added +361.4k +361,372
7 FMR LLC 0.00% of their portfolio BOSTON, MA 3,788,9293.8m $54.1m $54.1m 0.00% Reduced -107.4k -107,359
8 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 2,532,7942.5m $38.0m $38.0m 0.01% Reduced -56.2k -56,249
9 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,431,4732.4m $34.7m $34.7m 0.01% Added +11.9k +11,923
10 Connor, Clark & Lunn Investment Management Ltd. 0.15% of their portfolio VANCOUVER, A1 2,320,3452.3m $33.1m $33.1m 0.15% Added +1.5m +1,525,545
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,312,8472.3m $33.0m $33.0m 0.01% Added +472.0k +472,035
12 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.26% of their portfolio VICTORIA, A1 2,207,9602.2m $31.5m $31.5m 0.26% Added +111.3k +111,298
13 Amundi 0.01% of their portfolio Paris, I0 1,484,6551.5m $20.5m $20.5m 0.01% Added +84.9k +84,934
14 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 1,452,5581.5m $20.8m $20.8m 0.02% Added +404.3k +404,297
15 NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio MONTREAL, A8 1,427,5831.4m $20.1m $20.1m 0.04% Added +75.3k +75,287
16 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 1,412,7501.4m $20.3m $20.3m 0.01% Reduced -37.8k -37,750
17 HORIZON KINETICS ASSET MANAGEMENT LLC 0.40% of their portfolio NEW YORK, NY 1,344,4131.3m $19.2m $19.2m 0.40% Reduced -371.8k -371,787
18 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,312,2561.3m $18.7m $18.7m 0.00% Reduced -147.5k -147,545
19 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,294,7611.3m $18.5m $18.5m 0.01% Added +18.0k +17,968
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,219,1941.2m $17.4m $17.4m 0.00% Added +4.9k +4,904
21 Global Alpha Capital Management Ltd. 1.37% of their portfolio MONTREAL, A8 1,197,5221.2m $17.1m $17.1m 1.37% Reduced -18.2k -18,250
22 Euro Pacific Asset Management, LLC 3.57% of their portfolio DORADO, PR 1,171,2041.2m $16.7m $16.7m 3.57% Reduced -65.3k -65,285
23 Fiera Capital Corp 0.05% of their portfolio MONTREAL, A8 1,068,7691.1m $15.3m $15.3m 0.05% Added +540.9k +540,915
24 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 990,820990.8k $14.1m $14.1m 0.00% Reduced -142.2k -142,201
25 GABELLI FUNDS LLC 0.10% of their portfolio Rye, NY 920,115920.1k $13.1m $13.1m 0.10% Reduced -19.1k -19,100
26 MONTRUSCO BOLTON INVESTMENTS INC. 0.15% of their portfolio MONTREAL, A8 855,371855.4k $12.3m $12.3m 0.15% Added +115.0k +114,983
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 853,862853.9k $12.2m $12.2m 0.00% Added +568.9k +568,861
28 Verition Fund Management LLC 0.12% of their portfolio GREENWICH, CT 844,870844.9k $12.1m $12.1m 0.12% Reduced -557.3k -557,283
29 INTACT INVESTMENT MANAGEMENT INC. 0.43% of their portfolio MONTREAL, A8 745,040745.0k $10.6m $10.6m 0.43% Added +95.6k +95,600
30 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 678,575678.6k $9.7m $9.7m 0.01% Added +143.0k +142,970
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 648,392648.4k $9.3m $9.3m 0.00% Added +222.3k +222,276
32 PCJ Investment Counsel Ltd. 3.01% of their portfolio TORONTO, A6 547,872547.9k $7.8m $7.8m 3.01% Added +132.0k +131,980
33 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 515,939515.9k $7.4m $7.4m 0.01% Added +378.8k +378,754
34 HEARTLAND ADVISORS INC 0.36% of their portfolio MILWAUKEE, WI 486,200486.2k $6.9m $6.9m 0.36% Added +8.0k +8,000
35 U S GLOBAL INVESTORS INC 0.45% of their portfolio SAN ANTONIO, TX 469,455469.5k $6.7m $6.7m 0.45% Added +173.9k +173,909
36 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 399,100399.1k $5.7m $5.7m 0.01% Reduced -191.1k -191,074
37 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 396,611396.6k $5.7m $5.7m 0.02% Added +25.7k +25,710
38 Lane Generational LLC 6.11% of their portfolio Palm Beach, FL 344,154344.2k $4.9m $4.9m 6.11% Added +42.1k +42,093
39 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 342,146342.1k $4.9m $4.9m 0.00% Added +884 +884
40 Swiss National Bank 0.00% of their portfolio ZURICH, V8 330,130330.1k $4.7m $4.7m 0.00% Reduced -38.6k -38,600
41 State of Tennessee, Department of Treasury 0.02% of their portfolio NASHVILLE, TN 319,600319.6k $4.6m $4.6m 0.02% Added +200.7k +200,700
42 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 309,574309.6k $4.4m $4.4m 0.00% Reduced -8.9k -8,881
43 Cannell & Co. 0.14% of their portfolio New York, NY 304,743304.7k $4.4m $4.4m 0.14% Reduced -72.5k -72,514
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 294,845294.8k $4.2m $4.2m 0.00% Added +251.8k +251,842
45 RICE HALL JAMES & ASSOCIATES, LLC 0.23% of their portfolio San Diego, CA 282,720282.7k $4.0m $4.0m 0.23% Reduced -3.4k -3,406
46 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 273,833273.8k $3.9m $3.9m 0.01% Added +18.7k +18,668
47 Vident Advisory, LLC 0.10% of their portfolio Alpharetta, GA 264,748264.7k $3.8m $3.8m 0.10% Added +163.3k +163,307
48 Acuitas Investments, LLC 1.88% of their portfolio Seattle, WA 251,390251.4k $3.6m $3.6m 1.88% Added +33.2k +33,198
49 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 236,003236.0k $3.6m $3.6m 0.03% Reduced -10.6k -10,585
50 Prescott Group Capital Management, L.L.C. 0.58% of their portfolio Tulsa, OK 232,000232.0k $3.3m $3.3m 0.58% Unchanged
51 LOUISBOURG INVESTMENTS INC. 0.96% of their portfolio DIEPPE, A3 221,664221.7k $3.2m $3.2m 0.96% First filing
52 BARD ASSOCIATES INC 1.20% of their portfolio CHICAGO, IL 221,305221.3k $3.2m $3.2m 1.20% Reduced -3.5k -3,510
53 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 188,055188.1k $2.7m $2.7m 0.01% Reduced -20.6k -20,555
54 Triasima Portfolio Management inc. 0.20% of their portfolio MONTREAL, A8 171,015171.0k $2.4m $2.4m 0.20% Reduced -6.7k -6,692
55 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 168,177168.2k $2.4m $2.4m 0.00% Reduced -5.7k -5,737
56 C WorldWide Group Holding A/S 0.03% of their portfolio COPENHAGEN, G7 166,674166.7k $2.4m $2.4m 0.03% Reduced -29.8k -29,824
57 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 165,251165.3k $2.4m $2.4m 0.01% Added +7.4k +7,402
58 FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 0.16% of their portfolio TORONTO, A6 160,000160.0k $2.3m $2.3m 0.16% Unchanged
59 Oppenheimer & Close, LLC 2.05% of their portfolio NEW YORK, NY 156,395156.4k $2.2m $2.2m 2.05% Unchanged
60 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 144,800144.8k $2.1m $2.1m 0.02% Unchanged
61 Legal & General Group Plc 0.00% of their portfolio London, X0 142,425142.4k $2.0m $2.0m 0.00% Added +7.0k +7,000
62 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 140,487140.5k $2.0m $2.0m 0.02% Added +30.6k +30,637
63 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 136,346136.3k $1.9m $1.9m 0.00% Added +1.9k +1,896
64 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 133,205133.2k $1.9m $1.9m 0.00% New
65 PKO Investment Management Joint-Stock Co 0.22% of their portfolio WARSAW, R9 122,800122.8k $1.8m $1.8m 0.22% Added +11.0k +11,000
66 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 118,982119.0k $1.7m $1.7m 0.00% Reduced -85.5k -85,460
67 RAFFLES ASSOCIATES LP 1.99% of their portfolio NEW YORK, NY 110,000110.0k $1.6m $1.6m 1.99% Reduced -70.0k -70,022
68 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 107,337107.3k $1.5m $1.5m 0.00% Reduced -616.2k -616,164
69 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 101,449101.4k $1.4m $1.4m 0.00% Added +3.5k +3,524
70 CQS (US), LLC 0.16% of their portfolio NEW YORK, NY 100,000100.0k $1.4m $1.4m 0.16% Unchanged
71 Meixler Investment Management, Ltd. 1.12% of their portfolio SHOW LOW, AZ 93,68693.7k $1.3m $1.3m 1.12% Reduced -6.8k -6,797
72 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 83,60083.6k $1.2m $1.2m 0.00% Reduced -135.7k -135,726
73 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 77,63877.6k $1.1m $1.1m 0.00% Reduced -222.9k -222,934
74 CenterBook Partners LP 0.12% of their portfolio GREENWICH, CT 67,72867.7k $967.2k $967.2k 0.12% Reduced -15.1k -15,134
75 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 67,24767.2k $960.0k $960.0k 0.00% Reduced -696 -696
76 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 60,00060.0k $856.3k $856.3k 0.02% Reduced -20.0k -20,000
77 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 59,89759.9k $855.3k $855.3k 0.00% Reduced -2.3k -2,276
78 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 58,94158.9k $841.7k $841.7k 0.00% New
79 CoreCommodity Management, LLC 0.23% of their portfolio STAMFORD, CT 55,25955.3k $789.1k $789.1k 0.23% New
80 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 54,54654.5k $781.4k $781.4k 0.02% Reduced -5.0k -4,982
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 51,24851.2k $731.8k $731.8k 0.00% Reduced -20.1k -20,095
82 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 49,77349.8k $711.0k $711.0k 0.01% Added +3.5k +3,497
83 PRELUDE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 47,92947.9k $684.4k $684.4k 0.06% Reduced -90 -90
84 BlackRock Inc. 0.00% of their portfolio New York, NY 44,24744.2k $631.8k $631.8k 0.00% Reduced -7.6k -7,590
85 FCA CORP /TX 0.20% of their portfolio HOUSTON, TX 41,24141.2k $588.9k $588.9k 0.20% Reduced -110 -110
86 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 40,05040.0k $571.9k $571.9k 0.01% Reduced -5.0k -4,985
87 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 38,74738.7k $553.3k $553.3k 0.00% New
88 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 37,84737.8k $542.8k $542.8k 0.00% Reduced -1.1k -1,128
89 Addenda Capital Inc. 0.03% of their portfolio MONTREAL, A8 34,74334.7k $659.1k $659.1k 0.03% Added +2.6k +2,646
90 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 33,50433.5k $478.0k $478.0k 0.00% Reduced -2.5k -2,486
91 Principle Wealth Partners LLC 0.04% of their portfolio MADISON, CT 31,22531.2k $445.9k $445.9k 0.04% Unchanged
92 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 30,75030.8k $439.2k $439.2k 0.01% New
93 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 27,10427.1k $386.8k $386.8k 0.00% Reduced -68.5k -68,452
94 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 24,95024.9k $357.8k $357.8k 0.00% Reduced -21.7k -21,682
95 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 24,34924.3k $347.5k $347.5k 0.00% Reduced -4.5k -4,455
96 Laird Norton Wetherby Trust Company, LLC 0.04% of their portfolio Seattle, WA 24,06424.1k $344.7k $344.7k 0.04% New
97 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 24,03524.0k $343.2k $343.2k 0.00% Added +1.2k +1,155
98 Hara Capital LLC 0.24% of their portfolio BELLEVUE, WA 23,43623.4k $334.7k $334.7k 0.24% First filing
99 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 23,20323.2k $332.8k $332.8k 0.00% Unchanged
100 Claret Asset Management Corp 0.06% of their portfolio MONTREAL, A8 22,74522.7k $325.0k $325.0k 0.06% Unchanged