Vault-13

OSISKO GOLD ROYALTIES LTD

COM · CUSIP 68827L101

202 institutional holders +32 vs Q4 2024
113,868,552113.9m shares reported held*
$2.4bnreported value*
45 new 64 added 60 reduced 12 sold out net sold ≈ $521.9m (-24.7m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.12. Options: 15 managers hold calls ($34.3m notional), 9 hold puts ($8.5m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 147Q4 22: 160Q1 23: 165Q2 23: 177Q3 23: 164Q4 23: 159Q1 24: 168Q2 24: 186Q3 24: 177Q4 24: 170Q1 25: 202202Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022147
Q4 2022160
Q1 2023165
Q2 2023177
Q3 2023164
Q4 2023159
Q1 2024168
Q2 2024186
Q3 2024177
Q4 2024170
Q1 2025202

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 89 bought or addedQ2 23: 74 cut or sold outQ3 23: 83 bought or addedQ3 23: 75 cut or sold outQ3 23Q4 23: 68 bought or addedQ4 23: 85 cut or sold outQ1 24: 77 bought or addedQ1 24: 68 cut or sold outQ1 24Q2 24: 84 bought or addedQ2 24: 73 cut or sold outQ3 24: 69 bought or addedQ3 24: 93 cut or sold outQ3 24Q4 24: 68 bought or addedQ4 24: 94 cut or sold outQ1 25: 109 bought or addedQ1 25: 72 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20238974
Q3 20238375
Q4 20236885
Q1 20247768
Q2 20248473
Q3 20246993
Q4 20246894
Q1 202510972

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 24 calls: $31.4mQ2 24 puts: $7.5mQ2 24P/C 0.24Q3 24 calls: $12.1mQ3 24 puts: $4.2mQ3 24P/C 0.35Q4 24 calls: $20.5mQ4 24 puts: $3.8mQ4 24P/C 0.18Q1 25 calls: $34.3mQ1 25 puts: $8.5mQ1 25P/C 0.25
Numbers
QuarterCallsPutsP/C
Q2 2024$31.4m$7.5m0.24
Q3 2024$12.1m$4.2m0.35
Q4 2024$20.5m$3.8m0.18
Q1 2025$34.3m$8.5m0.25

Biggest buyers

T. Rowe Price Investment Management, Inc. Added +2,574,458+2.6m
Elliott Investment Management L.P. New +2,180,151+2.2m
FMR LLC Added +2,162,197+2.2m
EdgePoint Investment Group Inc. Added +1,534,292+1.5m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +982,437+982.4k
BANK OF AMERICA CORP /DE/ Added +850,133+850.1k
GOLDMAN SACHS GROUP INC Added +758,815+758.8k
Alberta Investment Management Corp Added +694,161+694.2k
TWO SIGMA ADVISERS, LP Added +500,600+500.6k
TWO SIGMA INVESTMENTS, LP Added +469,354+469.4k

Biggest sellers

VAN ECK ASSOCIATES CORP Sold out -16,854,441-16.9m
MACKENZIE FINANCIAL CORP Reduced -4,895,644-4.9m
MILLENNIUM MANAGEMENT LLC Reduced -4,673,026-4.7m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -3,419,231-3.4m
CIBC Asset Management Inc Reduced -2,806,052-2.8m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -1,701,250-1.7m
Bornite Capital Management LP Reduced -1,000,000-1.0m
BANK OF MONTREAL /CAN/ Reduced -954,680-954.7k
Connor, Clark & Lunn Investment Management Ltd. Reduced -855,504-855.5k
Waratah Capital Advisors Ltd. Sold out -629,115-629.1k

Biggest calls

CIBC WORLD MARKET INC. Added $15.3m722.9k shares
BNP PARIBAS FINANCIAL MARKETS First filing $4.8m2.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.9m182.3k shares
TORONTO DOMINION BANK Added $3.4m161.6k shares
CITADEL ADVISORS LLC Added $1.6m77.4k shares
SIG North Trading, ULC Added $1.5m72.3k shares
WELLS FARGO & COMPANY/MN Unchanged $1.3m61.5k shares
PEAK6 LLC Reduced $785.7k37.2k shares
SIMPLEX TRADING, LLC Added $718.0k34.0k shares
Caption Management, LLC New $422.4k20.0k shares

Biggest puts

CIBC WORLD MARKET INC. New $5.1m240.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.7m78.8k shares
CITADEL ADVISORS LLC Added $1.6m74.6k shares
GROUP ONE TRADING LLC Added $122.5k5.8k shares
SIMPLEX TRADING, LLC Reduced $46.0k2.2k shares
Walleye Trading LLC New $31.7k1.5k shares
TORONTO DOMINION BANK Reduced $21.1k1.0k shares
NATIONAL BANK OF CANADA /FI/ New $4.2k2 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 EdgePoint Investment Group Inc. 4.11% of their portfolio TORONTO, A6 24,020,06724.0m $507.0m $507.0m 4.11% Added +1.5m +1,534,292
2 FMR LLC 0.01% of their portfolio BOSTON, MA 7,776,0957.8m $164.1m $164.1m 0.01% Added +2.2m +2,162,197
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,251,7637.3m $153.0m $153.0m 0.00% Added +43.4k +43,417
4 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio BOSTON, MA 5,081,9585.1m $107.3m $107.3m 0.09% Added +982.4k +982,437
5 MACKENZIE FINANCIAL CORP 0.15% of their portfolio TORONTO ONTARIO, A6 5,040,9625.0m $106.4m $106.4m 0.15% Reduced -4.9m -4,895,644
6 T. Rowe Price Investment Management, Inc. 0.07% of their portfolio BALTIMORE, MD 4,790,7324.8m $101.2m $101.2m 0.07% Added +2.6m +2,574,458
7 Caisse de depot et placement du Quebec 0.21% of their portfolio Montreal, A8 4,767,0744.8m $100.6m $100.6m 0.21% Unchanged
8 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.17% of their portfolio CAUSEWAY BAY, K3 3,770,6793.8m $79.6m $79.6m 0.17% Added +435.5k +435,467
9 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 3,616,2013.6m $76.4m $76.4m 0.01% Reduced -3.4m -3,419,231
10 SPROTT INC. 4.05% of their portfolio TORONTO, A6 3,240,7733.2m $68.4m $68.4m 4.05% Reduced -159.0k -159,043
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,313,8862.3m $48.9m $48.9m 0.01% Reduced -75.6k -75,556
12 Elliott Investment Management L.P. 0.42% of their portfolio WEST PALM BEACH, FL 2,180,1512.2m $46.0m $46.0m 0.42% New
13 Connor, Clark & Lunn Investment Management Ltd. 0.19% of their portfolio VANCOUVER, A1 2,013,7962.0m $42.5m $42.5m 0.19% Reduced -855.5k -855,504
14 Tidal Investments LLC 0.36% of their portfolio Milwaukee, WI 2,006,8972.0m $42.4m $42.4m 0.36% Added +116.9k +116,923
15 HORIZON KINETICS ASSET MANAGEMENT LLC 0.41% of their portfolio NEW YORK, NY 1,703,0371.7m $36.0m $36.0m 0.41% Added +43.1k +43,115
16 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 1,473,9661.5m $31.1m $31.1m 0.02% Reduced -954.7k -954,680
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,383,1541.4m $29.2m $29.2m 0.00% Added +850.1k +850,133
18 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,256,5831.3m $26.5m $26.5m 0.01% Added +758.8k +758,815
19 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,129,2571.1m $23.8m $23.8m 0.00% Reduced -186.3k -186,278
20 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 1,111,3101.1m $23.5m $23.5m 0.01% Reduced -161.4k -161,400
21 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 1,094,0101.1m $22.9m $22.9m 0.03% Added +27.0k +26,981
22 Euro Pacific Asset Management, LLC 4.17% of their portfolio DORADO, PR 1,088,0601.1m $23.0m $23.0m 4.17% Reduced -6.1k -6,073
23 Amundi 0.01% of their portfolio Paris, I0 1,083,4341.1m $22.7m $22.7m 0.01% Added +213.9k +213,939
24 Scheer, Rowlett & Associates Investment Management Ltd. 1.64% of their portfolio TORONTO, A6 1,050,5991.1m $22.2m $22.2m 1.64% Added +70.5k +70,466
25 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 981,980982.0k $20.7m $20.7m 0.02% Reduced -486.3k -486,333
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 851,247851.2k $18.0m $18.0m 0.00% Added +423.3k +423,316
27 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 803,502803.5k $17.0m $17.0m 0.03% Added +312.2k +312,200
28 Alberta Investment Management Corp 0.11% of their portfolio EDMONTON, A0 790,961791.0k $16.7m $16.7m 0.11% Added +694.2k +694,161
29 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 727,340727.3k $15.4m $15.4m 0.00% Reduced -145.2k -145,248
30 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 655,787655.8k $13.9m $13.9m 0.01% Reduced -4.7m -4,673,026
31 Yaupon Capital Management LP 0.98% of their portfolio NEW YORK, NY 629,871629.9k $13.3m $13.3m 0.98% Reduced -175.7k -175,684
32 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 622,902622.9k $13.1m $13.1m 0.03% Added +267.2k +267,246
33 Fiera Capital Corp 0.05% of their portfolio MONTREAL, A8 616,765616.8k $13.0m $13.0m 0.05% Added +52.4k +52,380
34 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 606,958607.0k $12.9m $12.9m 0.01% Reduced -237.9k -237,939
35 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 605,300605.3k $12.8m $12.8m 0.03% Added +500.6k +500,600
36 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 568,168568.2k $12.0m $12.0m 0.02% Added +24.5k +24,503
37 U S GLOBAL INVESTORS INC 1.51% of their portfolio SAN ANTONIO, TX 540,977541.0k $11.4m $11.4m 1.51% Added +133.0k +132,964
38 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 536,761536.8k $11.3m $11.3m 0.02% Added +469.4k +469,354
39 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 536,087536.1k $11.3m $11.3m 0.01% Added +377.4k +377,412
40 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 533,156533.2k $11.3m $11.3m 0.01% Reduced -4.3k -4,284
41 Bornite Capital Management LP 2.72% of their portfolio NEW YORK, NY 500,000500.0k $10.6m $10.6m 2.72% Reduced -1.0m -1,000,000
42 MONTRUSCO BOLTON INVESTMENTS INC. 0.13% of their portfolio MONTREAL, A8 471,211471.2k $9.9m $9.9m 0.13% Reduced -103.5k -103,493
43 Global Alpha Capital Management Ltd. 0.61% of their portfolio MONTREAL, A8 395,422395.4k $8.3m $8.3m 0.61% Reduced -551.8k -551,800
44 NORGES BANK 0.00% of their portfolio OSLO, Q8 392,556392.6k $8.3m $8.3m 0.00% Reduced -253.5k -253,456
45 Federation des caisses Desjardins du Quebec 0.04% of their portfolio LEVIS, A8 384,633384.6k $7.9m $7.9m 0.04% Reduced -26.6k -26,602
46 STANSBERRY ASSET MANAGEMENT, LLC 0.97% of their portfolio Westlake, TX 382,157382.2k $8.1m $8.1m 0.97% Added +14.8k +14,798
47 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 376,460376.5k $8.0m $8.0m 0.02% Added +216.0k +216,000
48 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 352,255352.3k $7.4m $7.4m 0.00% Added +4.2k +4,212
49 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 345,741345.7k $7.3m $7.3m 0.04% Reduced -73.4k -73,401
50 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 333,396333.4k $7.0m $7.0m 0.00% Added +32.2k +32,226
51 Swiss National Bank 0.00% of their portfolio ZURICH, V8 327,430327.4k $6.9m $6.9m 0.00% Reduced -3.7k -3,700
52 CIBC Asset Management Inc 0.02% of their portfolio TORONTO, Z4 305,346305.3k $6.4m $6.4m 0.02% Reduced -2.8m -2,806,052
53 Lane Generational LLC 7.23% of their portfolio Palm Beach, FL 301,756301.8k $6.4m $6.4m 7.23% Reduced -1.6k -1,645
54 Prescott Group Capital Management, L.L.C. 0.88% of their portfolio Tulsa, OK 288,000288.0k $6.1m $6.1m 0.88% Unchanged
55 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 282,000282.0k $6.0m $6.0m 0.01% Reduced -400 -400
56 LOUISBOURG INVESTMENTS INC. 1.60% of their portfolio DIEPPE, A3 279,555279.6k $5.9m $5.9m 1.60% Added +122.9k +122,918
57 State of Tennessee, Department of Treasury 0.02% of their portfolio NASHVILLE, TN 268,660268.7k $5.7m $5.7m 0.02% Added +61.6k +61,580
58 Keeley-Teton Advisors, LLC 0.67% of their portfolio Chicago, IL 262,552262.6k $5.5m $5.5m 0.67% Added +45.2k +45,242
59 GABELLI FUNDS LLC 0.04% of their portfolio Rye, NY 261,115261.1k $5.5m $5.5m 0.04% Reduced -180.0k -180,000
60 Cannell & Spears LLC 0.11% of their portfolio NEW YORK, NY 244,238244.2k $5.2m $5.2m 0.11% Reduced -1.5k -1,519
61 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 230,511230.5k $4.9m $4.9m 0.00% Reduced -347.9k -347,894
62 BARD ASSOCIATES INC 1.70% of their portfolio CHICAGO, IL 214,786214.8k $4.5m $4.5m 1.70% Reduced -2.4k -2,375
63 TD Waterhouse Canada Inc. 0.04% of their portfolio TORONTO, A6 207,529207.5k $4.3m $4.3m 0.04% Added +5.7k +5,698
64 PCJ Investment Counsel Ltd. 1.66% of their portfolio TORONTO, A6 201,220201.2k $4.2m $4.2m 1.66% Added +45.9k +45,940
65 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 182,985183.0k $3.9m $3.9m 0.00% Reduced -471.5k -471,486
66 Legal & General Group Plc 0.00% of their portfolio London, X0 176,452176.5k $3.7m $3.7m 0.00% Added +13.1k +13,078
67 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 174,975175.0k $3.7m $3.7m 0.01% Added +16.4k +16,396
68 RICE HALL JAMES & ASSOCIATES, LLC 0.21% of their portfolio San Diego, CA 170,120170.1k $3.6m $3.6m 0.21% Reduced -306 -306
69 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 155,883155.9k $3.3m $3.3m 0.01% Added +5.9k +5,883
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 149,151149.2k $3.2m $3.2m 0.00% Reduced -238.6k -238,641
71 Oppenheimer & Close, LLC 2.59% of their portfolio NEW YORK, NY 148,775148.8k $3.1m $3.1m 2.59% Unchanged
72 Jump Financial, LLC 0.05% of their portfolio Chicago, IL 142,511142.5k $3.0m $3.0m 0.05% New
73 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 136,986137.0k $2.9m $2.9m 0.00% Reduced -5.9k -5,947
74 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 136,155136.2k $2.9m $2.9m 0.00% First filing
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 129,580129.6k $2.7m $2.7m 0.00% Added +109.2k +109,178
76 Campbell & CO Investment Adviser LLC 0.21% of their portfolio BALTIMORE, MD 127,060127.1k $2.7m $2.7m 0.21% New
77 Quantbot Technologies LP 0.08% of their portfolio NEW YORK, NY 126,059126.1k $2.7m $2.7m 0.08% New
78 Man Group plc 0.01% of their portfolio LONDON, X0 122,895122.9k $2.6m $2.6m 0.01% New
79 Lighthouse Investment Partners, LLC 0.12% of their portfolio Palm Beach Gardens, FL 122,863122.9k $2.6m $2.6m 0.12% New
80 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 120,085120.1k $2.5m $2.5m 0.02% Added +4.8k +4,799
81 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 108,395108.4k $2.3m $2.3m 0.00% Reduced -164.8k -164,826
82 Genus Capital Management Inc. 0.32% of their portfolio VANCOUVER, A1 105,800105.8k $2.2m $2.2m 0.32% New
83 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 105,158105.2k $2.2m $2.2m 0.01% Reduced -1.7m -1,701,250
84 Acuitas Investments, LLC 1.88% of their portfolio Seattle, WA 104,441104.4k $2.2m $2.2m 1.88% Unchanged
85 EDMOND DE ROTHSCHILD HOLDING S.A. 0.04% of their portfolio CHAMBESY, V8 104,001104.0k $2.2m $2.2m 0.04% Added +15.0k +14,981
86 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 97,64197.6k $2.1m $2.1m 0.00% New
87 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 96,00096.0k $2.0m $2.0m 0.03% Added +78.6k +78,572
88 DJE Kapital AG 0.06% of their portfolio 82049 PULLACH, 2M 93,90093.9k $1.9m $1.9m 0.06% Unchanged
89 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 90,45490.5k $1.9m $1.9m 0.03% New
90 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 89,80889.8k $1.9m $1.9m 0.00% Added +6.4k +6,362
91 Parvin Asset Management, LLC 2.02% of their portfolio SIOUX FALLS, SD 85,25085.2k $1.8m $1.8m 2.02% Reduced -5.5k -5,475
92 Anson Funds Management LP 0.39% of their portfolio DALLAS, TX 78,50078.5k $1.7m $1.7m 0.39% New
93 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 78,30378.3k $1.7m $1.7m 0.00% Reduced -5.5k -5,467
94 C WorldWide Group Holding A/S 0.02% of their portfolio COPENHAGEN, G7 78,03278.0k $1.6m $1.6m 0.02% Unchanged
95 PKO Investment Management Joint-Stock Co 0.19% of their portfolio WARSAW, R9 77,80077.8k $1.6m $1.6m 0.19% Unchanged
96 Meixler Investment Management, Ltd. 1.14% of their portfolio SHOW LOW, AZ 77,79977.8k $1.6m $1.6m 1.14% Reduced -5.2k -5,175
97 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 77,79877.8k $1.6m $1.6m 0.00% Added +19.7k +19,675
98 INTACT INVESTMENT MANAGEMENT INC. 0.05% of their portfolio MONTREAL, A8 73,00073.0k $1.5m $1.5m 0.05% New
99 Quadrature Capital Ltd 0.03% of their portfolio LONDON, X0 61,70061.7k $1.3m $1.3m 0.03% New
100 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 55,10055.1k $1.2m $1.2m 0.00% Added +33.5k +33,500