Vault-13

STANTEC INC STN

COM · Common Stock · CUSIP 85472N109 · ISIN CA85472N1096

International professional services company in the design and consulting industry.

265 institutional holders +28 vs Q4 2024
68,916,17668.9m shares reported held*
60.4% of all shares outstanding*
$5.8bnreported value*
40 new 97 added 88 reduced 13 sold out net sold ≈ $2.4bn (-44.6m 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 ($54.7m this quarter). Holder counts are more reliable. Shares outstanding: 114.1m as of 2024-12-31, 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 ≈ $83.45. Options: 7 managers hold calls ($2.3m notional), 5 hold puts ($4.0m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 147Q4 22: 159Q1 23: 187Q2 23: 183Q3 23: 197Q4 23: 223Q1 24: 237Q2 24: 227Q3 24: 223Q4 24: 237Q1 25: 265265Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022147
Q4 2022159
Q1 2023187
Q2 2023183
Q3 2023197
Q4 2023223
Q1 2024237
Q2 2024227
Q3 2024223
Q4 2024237
Q1 2025265

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: 87 cut or sold outQ3 23: 95 bought or addedQ3 23: 96 cut or sold outQ3 23Q4 23: 115 bought or addedQ4 23: 89 cut or sold outQ1 24: 119 bought or addedQ1 24: 112 cut or sold outQ1 24Q2 24: 94 bought or addedQ2 24: 122 cut or sold outQ3 24: 108 bought or addedQ3 24: 104 cut or sold outQ3 24Q4 24: 116 bought or addedQ4 24: 90 cut or sold outQ1 25: 137 bought or addedQ1 25: 101 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20238987
Q3 20239596
Q4 202311589
Q1 2024119112
Q2 202494122
Q3 2024108104
Q4 202411690
Q1 2025137101

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ2 24 calls: $1.6mQ2 24 puts: $6.7mQ2 24P/C 4.17Q3 24 calls: $1.3mQ3 24 puts: $2.7mQ3 24P/C 2.08Q4 24 calls: $2.5mQ4 24 puts: $4.4mQ4 24P/C 1.75Q1 25 calls: $2.3mQ1 25 puts: $4.0mQ1 25P/C 1.71
Numbers
QuarterCallsPutsP/C
Q2 2024$1.6m$6.7m4.17
Q3 2024$1.3m$2.7m2.08
Q4 2024$2.5m$4.4m1.75
Q1 2025$2.3m$4.0m1.71

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +964,188+964.2k
JARISLOWSKY, FRASER Ltd Added +642,620+642.6k
BANK OF AMERICA CORP /DE/ Added +299,260+299.3k
JANUS HENDERSON GROUP PLC Added +223,524+223.5k
INTACT INVESTMENT MANAGEMENT INC. Added +164,998+165.0k
ACADIAN ASSET MANAGEMENT LLC Added +152,037+152.0k
Waratah Capital Advisors Ltd. Added +140,491+140.5k
BANK OF MONTREAL /CAN/ Added +120,105+120.1k
ALLIANCEBERNSTEIN L.P. Added +115,849+115.8k
Russell Investments Group, Ltd. Added +105,448+105.4k

Biggest sellers

MACKENZIE FINANCIAL CORP Reduced -44,888,436-44.9m
Pictet Asset Management Holding SA Reduced -1,003,604-1.0m
Allianz Asset Management GmbH Reduced -408,700-408.7k
FMR LLC Reduced -378,892-378.9k
GOLDMAN SACHS GROUP INC Reduced -377,785-377.8k
DekaBank Deutsche Girozentrale Reduced -194,000-194.0k
Vontobel Holding Ltd. Reduced -186,879-186.9k
Amundi Reduced -142,464-142.5k
DUFF & PHELPS INVESTMENT MANAGEMENT CO Reduced -97,483-97.5k
Federation des caisses Desjardins du Quebec Reduced -97,106-97.1k

Biggest calls

SIG North Trading, ULC Reduced $1.2m14.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $828.4k10.0k shares
CITADEL ADVISORS LLC Reduced $182.2k2.2k shares
BANK OF MONTREAL /CAN/ New $58.0k700 shares
SIMPLEX TRADING, LLC New $49.0k600 shares
SUMMIT SECURITIES GROUP LLC New $41.4k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.9m35.3k shares
SIG North Trading, ULC Added $853.3k10.3k shares
TORONTO DOMINION BANK Added $165.8k2.0k shares
BANK OF MONTREAL /CAN/ New $33.2k400 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
BlackRock, Inc. 13G · institution +0.7 pts · filed 2026-01-21 5.0% +0.7 pts 5.7m≈ $396.0m 2026-01-21

Insider purchases and sales in Q1 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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MACKENZIE FINANCIAL CORP 0.82% of their portfolio TORONTO ONTARIO, A6 6,936,6086.9m $574.9m $574.9m 0.82% Reduced -44.9m -44,888,436
2 JARISLOWSKY, FRASER Ltd 2.93% of their portfolio MONTREAL, A8 5,640,4665.6m $467.5m $467.5m 2.93% Added +642.6k +642,620
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 4,624,9354.6m $383.4m $383.4m 0.01% Added +49.9k +49,857
4 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.34% of their portfolio Toronto, A6 4,309,1824.3m $359.1m $359.1m 0.34% Added +964.2k +964,188
5 Pictet Asset Management Holding SA 0.39% of their portfolio CAROUGE, V8 4,222,3884.2m $349.9m $349.9m 0.39% Reduced -1.0m -1,003,604
6 BANK OF MONTREAL /CAN/ 0.16% of their portfolio TORONTO, A6 3,616,5133.6m $299.8m $299.8m 0.16% Added +120.1k +120,105
7 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 3,017,2303.0m $249.9m $249.9m 0.06% Added +8.3k +8,268
8 Fiera Capital Corp 0.70% of their portfolio MONTREAL, A8 2,342,5052.3m $194.4m $194.4m 0.70% Reduced -88.6k -88,573
9 Connor, Clark & Lunn Investment Management Ltd. 0.75% of their portfolio VANCOUVER, A1 2,081,1332.1m $172.5m $172.5m 0.75% Added +97.5k +97,496
10 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 1,890,6081.9m $156.6m $156.6m 0.06% Added +115.8k +115,849
11 FMR LLC 0.01% of their portfolio BOSTON, MA 1,610,7101.6m $133.5m $133.5m 0.01% Reduced -378.9k -378,892
12 NATIONAL BANK OF CANADA /FI/ 0.15% of their portfolio MONTREAL, A8 1,539,5411.5m $127.5m $127.5m 0.15% Added +59.8k +59,812
13 NORGES BANK 0.02% of their portfolio OSLO, Q8 1,419,6211.4m $117.7m $117.7m 0.02% Added +13.0k +12,975
14 Amundi 0.05% of their portfolio Paris, I0 1,260,8721.3m $135.4m $135.4m 0.05% Reduced -142.5k -142,464
15 TD Asset Management Inc 0.08% of their portfolio Toronto, A6 1,049,2481.0m $87.0m $87.0m 0.08% Added +25.8k +25,846
16 Burgundy Asset Management Ltd. 0.84% of their portfolio Toronto, A6 976,338976.3k $81.0m $81.0m 0.84% Reduced -37.8k -37,783
17 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 932,630932.6k $77.2m $77.2m 0.04% Added +223.5k +223,524
18 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 843,767843.8k $69.9m $69.9m 0.01% Added +299.3k +299,260
19 Alberta Investment Management Corp 0.44% of their portfolio EDMONTON, A0 781,609781.6k $64.8m $64.8m 0.44% Added +49.0k +48,954
20 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 759,185759.2k $64.1m $64.1m 0.01% Added +69.5k +69,541
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 747,022747.0k $61.9m $61.9m 0.00% Reduced -34.9k -34,887
22 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 676,325676.3k $56.0m $56.0m 0.05% Reduced -43.8k -43,818
23 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 629,421629.4k $52.1m $52.1m 0.01% Reduced -54.2k -54,232
24 CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio TORONTO ONTARIO, A6 614,353614.4k $50.9m $50.9m 0.05% Added +59.2k +59,203
25 Man Group plc 0.15% of their portfolio LONDON, X0 589,707589.7k $48.9m $48.9m 0.15% Reduced -5.9k -5,876
26 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 582,160582.2k $48.2m $48.2m 0.01% Reduced -377.8k -377,785
27 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 572,815572.8k $47.5m $47.5m 0.07% Reduced -408.7k -408,700
28 Legal & General Group Plc 0.01% of their portfolio London, X0 562,893562.9k $46.7m $46.7m 0.01% Added +20.1k +20,109
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 539,673539.7k $44.7m $44.7m 0.00% Reduced -41.1k -41,063
30 Vontobel Holding Ltd. 0.15% of their portfolio ZURICH, V8 506,244506.2k $42.0m $42.0m 0.15% Reduced -186.9k -186,879
31 DekaBank Deutsche Girozentrale 0.08% of their portfolio FRANKFURT, 2M 491,175491.2k $39.5m $39.5m 0.08% Reduced -194.0k -194,000
32 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 467,851467.9k $38.8m $38.8m 0.01% Added +60.2k +60,225
33 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 418,449418.4k $34.6m $34.6m 0.05% Added +105.4k +105,448
34 TD Waterhouse Canada Inc. 0.28% of their portfolio TORONTO, A6 408,628408.6k $33.7m $33.7m 0.28% Reduced -4.9k -4,937
35 JUPITER ASSET MANAGEMENT LTD 0.32% of their portfolio London, X0 399,115399.1k $33.1m $33.1m 0.32% Reduced -4.0k -3,984
36 BlackRock, Inc. 0.00% of their portfolio New York, NY 389,504389.5k $32.3m $32.3m 0.00% Reduced -38.3k -38,292
37 Waratah Capital Advisors Ltd. 2.18% of their portfolio TORONTO, A6 385,424385.4k $31.9m $31.9m 2.18% Added +140.5k +140,491
38 TORONTO DOMINION BANK 0.08% of their portfolio TORONTO, ONTARIO, A6 366,162366.2k $30.4m $30.4m 0.08% Added +327 +327
39 Clearbridge Investments, LLC 0.03% of their portfolio NEW YORK, NY 356,321356.3k $29.5m $29.5m 0.03% Reduced -17.7k -17,662
40 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 328,180328.2k $27.2m $27.2m 0.02% Reduced -21.4k -21,400
41 Swiss National Bank 0.02% of their portfolio ZURICH, V8 324,670324.7k $26.9m $26.9m 0.02% Reduced -6.6k -6,600
42 GUARDIAN CAPITAL LP 1.05% of their portfolio TORONTO, A6 322,804322.8k $26.8m $26.8m 1.05% Reduced -20.5k -20,529
43 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 313,596313.6k $26.0m $26.0m 0.01% Added +49.8k +49,751
44 Zurcher Kantonalbank (Zurich Cantonalbank) 0.07% of their portfolio ZURICH, V8 292,726292.7k $24.3m $24.3m 0.07% Reduced -37.2k -37,167
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 265,394265.4k $22.0m $22.0m 0.00% Reduced -6.4k -6,413
46 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 259,279259.3k $21.5m $21.5m 0.04% Reduced -5.2k -5,154
47 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 255,516255.5k $21.1m $21.1m 0.01% Added +41.2k +41,182
48 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 252,544252.5k $20.9m $20.9m 0.05% Added +85.2k +85,199
49 J. Safra Sarasin Holding AG 0.38% of their portfolio BASEL, V8 250,367250.4k $20.7m $20.7m 0.38% Reduced -25.1k -25,074
50 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 242,046242.0k $20.1m $20.1m 0.05% Added +13.6k +13,628
51 Candriam S.C.A. 0.12% of their portfolio STRASSEN, N4 238,091238.1k $19.7m $19.7m 0.12% Added +4.1k +4,096
52 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 236,351236.4k $19.6m $19.6m 0.02% Reduced -65.5k -65,482
53 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 222,506222.5k $18.4m $18.4m 0.01% Reduced -89.2k -89,207
54 Northwest & Ethical Investments L.P. 0.49% of their portfolio TORONTO, A6 216,924216.9k $18.0m $18.0m 0.49% Added +18.9k +18,920
55 Grandeur Peak Global Advisors, LLC 1.78% of their portfolio SALT LAKE CITY, UT 193,900193.9k $16.1m $16.1m 1.78% Reduced -12.9k -12,900
56 QV Investors Inc. 1.57% of their portfolio CALGARY, A0 187,035187.0k $15.5m $15.5m 1.57% Reduced -18.7k -18,690
57 INTACT INVESTMENT MANAGEMENT INC. 0.53% of their portfolio MONTREAL, A8 186,118186.1k $15.4m $15.4m 0.53% Added +165.0k +164,998
58 Cumberland Partners Ltd 1.11% of their portfolio TORONTO, A6 173,355173.4k $14.4m $14.4m 1.11% Added +48.1k +48,065
59 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 168,670168.7k $14.0m $14.0m 0.03% Reduced -378 -378
60 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 167,050167.1k $13.8m $13.8m 0.02% Reduced -6.7k -6,700
61 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 164,426164.4k $13.6m $13.6m 0.00% Added +22.5k +22,524
62 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 163,567163.6k $13.5m $13.5m 0.03% Added +32.6k +32,600
63 ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio Boston, MA 162,037162.0k $13.4m $13.4m 0.04% Added +152.0k +152,037
64 CIDEL ASSET MANAGEMENT INC 0.87% of their portfolio TORONTO, A6 159,922159.9k $13.3m $13.3m 0.87% Reduced -2.0k -1,977
65 SCOTIA CAPITAL INC. 0.07% of their portfolio TORONTO, A6 158,250158.2k $13.1m $13.1m 0.07% Added +3.4k +3,390
66 CIBC Asset Management Inc 0.04% of their portfolio TORONTO, Z4 141,553141.6k $11.7m $11.7m 0.04% Reduced -1.2k -1,228
67 UBS Group AG 0.00% of their portfolio ZURICH, V8 134,584134.6k $11.1m $11.1m 0.00% Reduced -35.6k -35,591
68 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 133,613133.6k $11.1m $11.1m 0.05% Reduced -97.1k -97,106
69 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 129,870129.9k $10.8m $10.8m 0.00% Reduced -17.0k -16,996
70 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.11% of their portfolio CHICAGO, IL 116,614116.6k $9.7m $9.7m 0.11% Reduced -97.5k -97,483
71 AXA S.A. 0.03% of their portfolio PARIS, I0 111,295111.3k $9.2m $9.2m 0.03% Reduced -11.9k -11,916
72 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 110,200110.2k $9.1m $9.1m 0.01% Reduced -38.6k -38,600
73 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 108,992109.0k $9.0m $9.0m 0.01% Added +5.7k +5,688
74 Korea Investment CORP 0.02% of their portfolio SEOUL, M5 108,745108.7k $9.0m $9.0m 0.02% Reduced -12.8k -12,800
75 Addenda Capital Inc. 0.48% of their portfolio MONTREAL, A8 108,023108.0k $12.9m $12.9m 0.48% Reduced -184 -184
76 Hillsdale Investment Management Inc. 0.44% of their portfolio Toronto, A6 103,790103.8k $8.6m $8.6m 0.44% Added +40.7k +40,700
77 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 95,65195.7k $7.9m $7.9m 0.02% Added +7.6k +7,564
78 ECOFI INVESTISSEMENTS SA 4.23% of their portfolio NANTERRE, I0 93,80093.8k $6.7m $6.7m 4.23% Unchanged
79 NIA IMPACT ADVISORS, LLC 2.70% of their portfolio OAKLAND, CA 87,66287.7k $7.3m $7.3m 2.70% Reduced -8.3k -8,268
80 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 86,12386.1k $7.1m $7.1m 0.01% Added +34.1k +34,085
81 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 81,81081.8k $6.8m $6.8m 0.01% Reduced -59.0k -59,010
82 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 80,25880.3k $6.7m $6.7m 0.00% First filing
83 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 77,13977.1k $6.4m $6.4m 0.02% Added +20.4k +20,388
84 Canoe Financial LP 0.10% of their portfolio CALGARY, A0 76,05976.1k $6.3m $6.3m 0.10% Reduced -7.7k -7,696
85 AVIVA PLC 0.01% of their portfolio LONDON, X0 74,04174.0k $6.1m $6.1m 0.01% Added +9.8k +9,813
86 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.03% of their portfolio VICTORIA, A1 64,31264.3k $5.3m $5.3m 0.03% Added +13.1k +13,115
87 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 63,81963.8k $5.3m $5.3m 0.01% Added +32.4k +32,405
88 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 59,85359.9k $5.0m $5.0m 0.00% Reduced -3.3k -3,306
89 LOUISBOURG INVESTMENTS INC. 1.34% of their portfolio DIEPPE, A3 59,36559.4k $4.9m $4.9m 1.34% Added +15.5k +15,546
90 NICOLA WEALTH MANAGEMENT LTD. 0.48% of their portfolio VANCOUVER, A1 59,10059.1k $4.9m $4.9m 0.48% New
91 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio Stamford, CT 58,89158.9k $4.9m $4.9m 0.04% Reduced -16.1k -16,077
92 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 56,59956.6k $4.7m $4.7m 0.00% Reduced -10.3k -10,296
93 APG Asset Management N.V. 0.01% of their portfolio Amsterdam, P7 55,20055.2k $4.2m $4.2m 0.01% Unchanged
94 BANK OF NOVA SCOTIA TRUST CO 0.48% of their portfolio TORONTO, A6 54,73854.7k $4.5m $4.5m 0.48% Reduced -2.3k -2,319
95 Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio STOCKHOLM, V7 52,12352.1k $4.3m $4.3m 0.02% Reduced -4.5k -4,468
96 Advisors Asset Management, Inc. 0.08% of their portfolio Monument, CO 50,01150.0k $4.1m $4.1m 0.08% Added +4.0k +3,975
97 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 49,80549.8k $4.1m $4.1m 0.00% Added +7.7k +7,671
98 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 49,06049.1k $4.1m $4.1m 0.00% Added +7.1k +7,129
99 LBP AM SA 0.06% of their portfolio Paris, I0 46,63846.6k $3.9m $3.9m 0.06% Added +3.4k +3,433
100 Forge First Asset Management Inc. 1.64% of their portfolio TORONTO, Z4 44,57944.6k $3.7m $3.7m 1.64% New