Vault-13

SKEENA RES LTD NEW SKE

COM · Common Stock · CUSIP 83056P715 · ISIN CA83056P7157

130 institutional holders +25 vs Q3 2025
56,711,29556.7m shares reported held*
46.8% of all shares outstanding*
$1.3bnreported value*
40 new 44 added 30 reduced 13 sold out net sold ≈ $8.4m (-354.2k 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 ($9.6k this quarter). Holder counts are more reliable. Shares outstanding: 121.3m as of 2025-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $23.74. Options: 5 managers hold calls ($24.2m notional), 5 hold puts ($13.4m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 52Q4 22: 52Q1 23: 51Q2 23: 58Q3 23: 58Q4 23: 63Q1 24: 53Q2 24: 62Q3 24: 78Q4 24: 80Q1 25: 96Q2 25: 99Q3 25: 105Q4 25: 130130Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202252
Q4 202252
Q1 202351
Q2 202358
Q3 202358
Q4 202363
Q1 202453
Q2 202462
Q3 202478
Q4 202480
Q1 202596
Q2 202599
Q3 2025105
Q4 2025130

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 21 bought or addedQ1 24: 41 cut or sold outQ2 24: 34 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 45 bought or addedQ3 24: 33 cut or sold outQ4 24: 38 bought or addedQ4 24: 39 cut or sold outQ4 24Q1 25: 57 bought or addedQ1 25: 30 cut or sold outQ2 25: 51 bought or addedQ2 25: 51 cut or sold outQ2 25Q3 25: 63 bought or addedQ3 25: 39 cut or sold outQ4 25: 84 bought or addedQ4 25: 43 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242141
Q2 20243424
Q3 20244533
Q4 20243839
Q1 20255730
Q2 20255151
Q3 20256339
Q4 20258443

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 25 calls: $1.3mQ1 25 puts: $3.8mQ1 25P/C 2.82Q2 25 calls: $1.8mQ2 25 puts: $7.7mQ2 25P/C 4.19Q3 25 calls: $5.1mQ3 25 puts: $11.5mQ3 25P/C 2.27Q4 25 calls: $24.2mQ4 25 puts: $13.4mQ4 25P/C 0.55
Numbers
QuarterCallsPutsP/C
Q1 2025$1.3m$3.8m2.82
Q2 2025$1.8m$7.7m4.19
Q3 2025$5.1m$11.5m2.27
Q4 2025$24.2m$13.4m0.55

Biggest buyers

VANGUARD GROUP INC Added +1,364,835+1.4m
MILLENNIUM MANAGEMENT LLC Added +679,709+679.7k
FMR LLC Added +570,000+570.0k
Bornite Capital Management LP New +523,000+523.0k
BW Gestao de Investimentos Ltda. New +438,147+438.1k
Waratah Capital Advisors Ltd. Added +298,899+298.9k
UBS Group AG Added +260,954+261.0k
Alberta Investment Management Corp New +250,000+250.0k
Allspring Global Investments Holdings, LLC Added +220,000+220.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +208,524+208.5k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,725,626-1.7m
JUPITER ASSET MANAGEMENT LTD Sold out -1,616,139-1.6m
Helikon Investments Ltd Reduced -1,043,110-1.0m
Orion Resource Partners LP Reduced -672,200-672.2k
GOLDMAN SACHS GROUP INC Reduced -623,643-623.6k
Ruffer LLP Reduced -455,999-456.0k
Goehring & Rozencwajg Associates, LLC Reduced -311,847-311.8k
SPROTT INC. Reduced -256,193-256.2k
JANE STREET GROUP, LLC Reduced -232,769-232.8k
BANK OF AMERICA CORP /DE/ Reduced -200,588-200.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.8m540.7k shares
JANE STREET GROUP, LLC Added $6.6m277.5k shares
PEAK6 LLC New $3.9m166.4k shares
CITADEL ADVISORS LLC Added $844.8k35.6k shares
FNY Investment Advisers, LLC New $2.0k90 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $7.4m313.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.5m148.4k shares
JANE STREET GROUP, LLC Added $2.1m87.9k shares
SIMPLEX TRADING, LLC Reduced $365.4k15.4k shares
GROUP ONE TRADING LLC Reduced $14.2k600 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
Helikon Investments Ltd 13G · institution -1.6 pts · filed 2026-01-21 13.1% -1.6 pts 15.8m≈ $422.0m 2026-01-21
VAN ECK ASSOCIATES CORP 13G · institution filed 2026-08-14 7.2% 9.0m≈ $240.4m 2026-08-14
Jagwani Sunil 13G · passive investor new · filed 2026-04-16 5.3% new 6.4m≈ $170.8m 2026-04-16

Fell to 5% or below in the last year: GOLDMAN SACHS GROUP INC (4.9%, 2026-01-30)

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Helikon Investments Ltd 19.92% of their portfolio LONDON, X0 15,828,70915.8m $375.6m $375.6m 19.92% Reduced -1.0m -1,043,110
2 VAN ECK ASSOCIATES CORP 0.10% of their portfolio NEW YORK, NY 4,862,5164.9m $115.4m $115.4m 0.10% Added +120.9k +120,909
3 Orion Resource Partners LP 32.42% of their portfolio NEW YORK, NY 2,775,6402.8m $65.9m $65.9m 32.42% Reduced -672.2k -672,200
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,625,2772.6m $62.4m $62.4m 0.00% Added +1.4m +1,364,835
5 Amundi 0.02% of their portfolio Paris, I0 2,536,1382.5m $60.2m $60.2m 0.02% Added +47.5k +47,516
6 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 2,396,9702.4m $56.9m $56.9m 0.01% Added +168.9k +168,932
7 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 2,202,5102.2m $52.3m $52.3m 0.04% Added +679.7k +679,709
8 Waratah Capital Advisors Ltd. 2.75% of their portfolio TORONTO, A6 1,526,7991.5m $36.2m $36.2m 2.75% Added +298.9k +298,899
9 TD Asset Management Inc 0.03% of their portfolio Toronto, A6 1,510,3921.5m $35.9m $35.9m 0.03% Added +25.5k +25,483
10 FMR LLC 0.00% of their portfolio BOSTON, MA 1,480,4001.5m $35.2m $35.2m 0.00% Added +570.0k +570,000
11 Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio VANCOUVER, A1 1,408,5461.4m $33.5m $33.5m 0.09% Reduced -111.0k -111,010
12 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,290,0711.3m $30.6m $30.6m 0.01% Added +261.0k +260,954
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,236,4481.2m $29.3m $29.3m 0.01% Added +152.5k +152,518
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,210,1021.2m $28.7m $28.7m 0.00% Reduced -1.7m -1,725,626
15 SPROTT INC. 0.91% of their portfolio TORONTO, A6 1,074,3961.1m $25.5m $25.5m 0.91% Reduced -256.2k -256,193
16 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 977,000977.0k $23.2m $23.2m 0.04% Added +220.0k +220,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 888,954889.0k $21.1m $21.1m 0.00% Added +149.6k +149,630
18 Ruffer LLP 0.88% of their portfolio LONDON, X0 814,056814.1k $19.4m $19.4m 0.88% Reduced -456.0k -455,999
19 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 786,924786.9k $18.7m $18.7m 0.01% Added +110.3k +110,274
20 Goehring & Rozencwajg Associates, LLC 1.32% of their portfolio NEW YORK, NY 562,975563.0k $13.4m $13.4m 1.32% Reduced -311.8k -311,847
21 Bornite Capital Management LP 1.21% of their portfolio NEW YORK, NY 523,000523.0k $12.4m $12.4m 1.21% New
22 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 499,647499.6k $11.9m $11.9m 0.01% Reduced -232.8k -232,769
23 BW Gestao de Investimentos Ltda. 0.37% of their portfolio SAO PAULO, D5 438,147438.1k $10.4m $10.4m 0.37% New
24 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 348,873348.9k $8.3m $8.3m 0.01% Added +114.0k +113,956
25 Groupe la Francaise 0.11% of their portfolio PARIS, I0 325,000325.0k $7.7m $7.7m 0.11% Reduced -29.5k -29,500
26 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 300,000300.0k $7.1m $7.1m 0.01% Unchanged
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 293,455293.5k $7.0m $7.0m 0.01% Added +208.5k +208,524
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 273,882273.9k $6.5m $6.5m 0.00% Reduced -200.6k -200,588
29 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 253,452253.5k $6.1m $6.1m 0.01% Added +40.7k +40,671
30 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 250,000250.0k $5.9m $5.9m 0.04% New
31 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 246,400246.4k $5.8m $5.8m 0.01% Added +97.4k +97,391
32 Pekin Hardy Strauss, Inc. 0.49% of their portfolio CHICAGO, IL 224,073224.1k $5.3m $5.3m 0.49% Added +47.1k +47,150
33 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 217,110217.1k $5.1m $5.1m 0.02% Reduced -19.1k -19,110
34 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 208,256208.3k $4.9m $4.9m 0.00% Added +34.3k +34,271
35 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 181,382181.4k $4.3m $4.3m 0.00% Reduced -20.7k -20,683
36 Fiscal Wisdom Wealth Management, LLC 3.74% of their portfolio Canton, CT 166,806166.8k $4.0m $4.0m 3.74% Reduced -57.9k -57,931
37 INTACT INVESTMENT MANAGEMENT INC. 0.11% of their portfolio MONTREAL, A8 157,200157.2k $3.7m $3.7m 0.11% Added +70.5k +70,500
38 Swiss National Bank 0.00% of their portfolio ZURICH, V8 156,000156.0k $3.7m $3.7m 0.00% Added +10.1k +10,100
39 EDMOND DE ROTHSCHILD HOLDING S.A. 0.05% of their portfolio CHAMBESY, V8 149,656149.7k $3.6m $3.6m 0.05% Added +34 +34
40 PCJ Investment Counsel Ltd. 0.84% of their portfolio TORONTO, A6 142,470142.5k $3.4m $3.4m 0.84% Reduced -3.4k -3,410
41 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 137,735137.7k $3.3m $3.3m 0.00% Reduced -623.6k -623,643
42 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 134,788134.8k $3.2m $3.2m 0.00% Added +70.4k +70,445
43 PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio Toronto, A6 126,000126.0k $3.0m $3.0m 0.03% New
44 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 125,847125.8k $3.0m $3.0m 0.00% Reduced -17.8k -17,773
45 Caprock Group, LLC 0.06% of their portfolio BOISE, ID 124,566124.6k $3.0m $3.0m 0.06% New
46 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 122,899122.9k $2.9m $2.9m 0.01% Added +112.0k +112,041
47 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 121,400121.4k $2.9m $2.9m 0.02% Added +61.1k +61,105
48 Quantbot Technologies LP 0.10% of their portfolio NEW YORK, NY 121,303121.3k $2.9m $2.9m 0.10% Added +53.6k +53,625
49 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 106,111106.1k $2.5m $2.5m 0.01% Reduced -3 -3
50 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 101,729101.7k $2.4m $2.4m 0.00% Reduced -43.8k -43,803
51 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 92,82092.8k $2.2m $2.2m 0.01% New
52 ARMOR ADVISORS, L.L.C. 2.25% of their portfolio NEW YORK, NY 90,40090.4k $2.1m $2.1m 2.25% New
53 Purpose Unlimited Inc. 0.10% of their portfolio TORONTO, A6 89,17089.2k $2.1m $2.1m 0.10% First filing
54 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 85,22085.2k $2.0m $2.0m 0.01% New
55 SIMPLEX TRADING, LLC 0.06% of their portfolio CHICAGO, IL 84,09984.1k $2.0m $2.0m 0.06% Added +67.6k +67,582
56 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 81,34081.3k $1.9m $1.9m 0.00% Reduced -8.6k -8,612
57 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 79,11879.1k $1.9m $1.9m 0.00% Added +48.7k +48,718
58 Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio HONG KONG, K3 74,75774.8k $1.8m $1.8m 0.04% New
59 Legal & General Group Plc 0.00% of their portfolio London, X0 72,83372.8k $1.7m $1.7m 0.00% Added +4.7k +4,665
60 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 70,28370.3k $1.7m $1.7m 0.01% Added +19.0k +19,012
61 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 69,57269.6k $1.7m $1.7m 0.00% Added +6.2k +6,173
62 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 64,29664.3k $1.5m $1.5m 0.01% Reduced -2.7k -2,704
63 Corundum Trust Company, INC 3.44% of their portfolio SIOUX FALLS, SD 63,75063.8k $1.5m $1.5m 3.44% Unchanged
64 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 59,00559.0k $1.4m $1.4m 0.00% Added +12.4k +12,413
65 Fortitude Advisory Group L.L.C. 0.59% of their portfolio GIG HARBOR, WA 59,00059.0k $1.4m $1.4m 0.59% Added +4.4k +4,410
66 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 57,48357.5k $1.4m $1.4m 0.00% Added +19.5k +19,517
67 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 55,62855.6k $1.3m $1.3m 0.00% Unchanged
68 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 55,29055.3k $1.3m $1.3m 0.01% Added +3.3k +3,322
69 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 49,10049.1k $1.2m $1.2m 0.01% New
70 Public Sector Pension Investment Board 0.00% of their portfolio MONTREAL, A8 45,61745.6k $1.1m $1.1m 0.00% New
71 Pinnacle Wealth Management Group, Inc. 0.54% of their portfolio PLYMOUTH, MI 45,25745.3k $1.1m $1.1m 0.54% Added +25.7k +25,657
72 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 42,93642.9k $1.0m $1.0m 0.01% New
73 Aquatic Capital Management LLC 0.03% of their portfolio CHICAGO, IL 39,51739.5k $937.7k $937.7k 0.03% Added +4.2k +4,229
74 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 35,84435.8k $852.5k $852.5k 0.00% Reduced -3.8k -3,835
75 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 29,31529.3k $695.6k $695.6k 0.00% New
76 Erste Asset Management GmbH 0.01% of their portfolio VIENNA, C4 26,80026.8k $637.0k $637.0k 0.01% Unchanged
77 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 23,05323.1k $547.0k $547.0k 0.00% Reduced -6.6k -6,600
78 PDT Partners, LLC 0.03% of their portfolio New York, NY 22,48722.5k $533.6k $533.6k 0.03% Unchanged
79 HOWLAND CAPITAL MANAGEMENT LLC 0.02% of their portfolio BOSTON, MA 22,08022.1k $524.0k $524.0k 0.02% Unchanged
80 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 21,20021.2k $503.1k $503.1k 0.00% Reduced -15.4k -15,421
81 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 21,18221.2k $503.0k $503.0k 0.04% Unchanged
82 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 20,49120.5k $486.4k $486.4k 0.00% Added +7.8k +7,803
83 Marex Group Ltd 0.01% of their portfolio London, X0 20,00020.0k $474.6k $474.6k 0.01% Reduced -56.4k -56,364
84 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 18,01118.0k $427.8k $427.8k 0.00% New
85 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 17,24017.2k $410.0k $410.0k 0.00% Added +1.0k +1,019
86 Brooklyn Investment Group 0.02% of their portfolio NEW YORK, NY 16,69416.7k $396.8k $396.8k 0.02% New
87 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 15,27115.3k $363.2k $363.2k 0.00% Added +2.9k +2,852
88 Cardinal Point Capital Management ULC 0.02% of their portfolio TORONTO, A6 15,00015.0k $356.8k $356.8k 0.02% Unchanged
89 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 14,91014.9k $353.8k $353.8k 0.01% New
90 Investment Management Corp of Ontario 0.00% of their portfolio Toronto, Z4 14,85814.9k $352.6k $352.6k 0.00% New
91 FNY Investment Advisers, LLC 0.10% of their portfolio NEW YORK, NY 14,60014.6k $346.0k $346.0k 0.10% New
92 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 14,49814.5k $344.8k $344.8k 0.00% Unchanged
93 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 14,39114.4k $341.5k $341.5k 0.01% New
94 Virtu Financial LLC 0.01% of their portfolio New York, NY 13,83913.8k $328.0k $328.0k 0.01% New
95 Cutler Capital Management, LLC 0.10% of their portfolio WORCESTER, MA 13,80513.8k $327.6k $327.6k 0.10% Reduced -695 -695
96 Grand Central Investment Group 0.22% of their portfolio TAMPA, FL 12,59412.6k $298.9k $298.9k 0.22% First filing
97 PROFUND ADVISORS LLC 0.01% of their portfolio BETHESDA, MD 12,43812.4k $295.2k $295.2k 0.01% Reduced -1.7k -1,722
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,62611.6k $276.4k $276.4k 0.00% Reduced -4.3k -4,306
99 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 10,86010.9k $257.7k $257.7k 0.00% New
100 Northwest & Ethical Investments L.P. 0.01% of their portfolio TORONTO, A6 10,52410.5k $250.0k $250.0k 0.01% Added +2.5k +2,460