Vault-13

STANTEC INC STN

COM · Common Stock · CUSIP 85472N109 · ISIN CA85472N1096

International professional services company in the design and consulting industry.

284 institutional holders +19 vs Q1 2025
71,286,49471.3m shares reported held*
$7.8bnreported value*
42 new 108 added 90 reduced 21 sold out net bought ≈ $252.5m (+2.4m 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 ($72.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $108.94. Options: 5 managers hold calls ($3.8m notional), 4 hold puts ($5.1m).

Trends to Q2 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: 265Q2 25: 284284Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025284

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 95 bought or addedQ3 23: 96 cut or sold outQ4 23: 115 bought or addedQ4 23: 89 cut or sold outQ4 23Q1 24: 119 bought or addedQ1 24: 112 cut or sold outQ2 24: 94 bought or addedQ2 24: 122 cut or sold outQ2 24Q3 24: 108 bought or addedQ3 24: 104 cut or sold outQ4 24: 116 bought or addedQ4 24: 90 cut or sold outQ4 24Q1 25: 137 bought or addedQ1 25: 101 cut or sold outQ2 25: 150 bought or addedQ2 25: 111 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20239596
Q4 202311589
Q1 2024119112
Q2 202494122
Q3 2024108104
Q4 202411690
Q1 2025137101
Q2 2025150111

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 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 1.71Q2 25 calls: $3.8mQ2 25 puts: $5.1mQ2 25P/C 1.34
Numbers
QuarterCallsPutsP/C
Q3 2024$1.3m$2.7m2.08
Q4 2024$2.5m$4.4m1.75
Q1 2025$2.3m$4.0m1.71
Q2 2025$3.8m$5.1m1.34

Biggest buyers

ROYAL BANK OF CANADA Added +3,583,086+3.6m
ALLIANCEBERNSTEIN L.P. Added +1,558,703+1.6m
GOLDMAN SACHS GROUP INC Added +702,230+702.2k
FIL Ltd New +317,734+317.7k
DekaBank Deutsche Girozentrale Added +194,000+194.0k
D. E. Shaw & Co., Inc. Added +180,600+180.6k
GEODE CAPITAL MANAGEMENT, LLC Added +163,578+163.6k
AXA S.A. Added +154,884+154.9k
Allianz Asset Management GmbH Added +139,120+139.1k
NEUBERGER BERMAN GROUP LLC Added +138,867+138.9k

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,021,487-1.0m
MACKENZIE FINANCIAL CORP Reduced -770,112-770.1k
JARISLOWSKY, FRASER Ltd Reduced -676,400-676.4k
NATIONAL BANK OF CANADA /FI/ Reduced -608,901-608.9k
Pictet Asset Management Holding SA Reduced -597,515-597.5k
BANK OF AMERICA CORP /DE/ Reduced -361,342-361.3k
BANK OF MONTREAL /CAN/ Reduced -269,425-269.4k
Alberta Investment Management Corp Reduced -250,909-250.9k
Connor, Clark & Lunn Investment Management Ltd. Reduced -189,790-189.8k
WELLINGTON MANAGEMENT GROUP LLP Reduced -153,387-153.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m16.5k shares
SIG North Trading, ULC Reduced $1.0m9.3k shares
CITADEL ADVISORS LLC Added $923.8k8.5k shares
NATIONAL BANK OF CANADA /FI/ New $97.9k9 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.6m32.9k shares
SIG North Trading, ULC Added $1.4m13.3k shares
TORONTO DOMINION BANK Reduced $108.9k1.0k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 6,600,3166.6m $717.3m $717.3m 0.07% Added +3.6m +3,583,086
2 MACKENZIE FINANCIAL CORP 0.87% of their portfolio TORONTO ONTARIO, A6 6,166,4966.2m $671.4m $671.4m 0.87% Reduced -770.1k -770,112
3 JARISLOWSKY, FRASER Ltd 3.08% of their portfolio MONTREAL, A8 4,964,0665.0m $539.0m $539.0m 3.08% Reduced -676.4k -676,400
4 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 4,721,2514.7m $513.7m $513.7m 0.01% Added +96.3k +96,316
5 Pictet Asset Management Holding SA 0.40% of their portfolio CAROUGE, V8 3,624,8733.6m $393.6m $393.6m 0.40% Reduced -597.5k -597,515
6 ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio NASHVILLE, TN 3,449,3113.4m $374.9m $374.9m 0.12% Added +1.6m +1,558,703
7 BANK OF MONTREAL /CAN/ 0.18% of their portfolio TORONTO, A6 3,347,0883.3m $364.4m $364.4m 0.18% Reduced -269.4k -269,425
8 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.32% of their portfolio Toronto, A6 3,287,6953.3m $355.9m $355.9m 0.32% Reduced -1.0m -1,021,487
9 Fiera Capital Corp 0.88% of their portfolio MONTREAL, A8 2,385,2942.4m $259.4m $259.4m 0.88% Added +42.8k +42,789
10 Connor, Clark & Lunn Investment Management Ltd. 0.73% of their portfolio VANCOUVER, A1 1,891,3431.9m $205.9m $205.9m 0.73% Reduced -189.8k -189,790
11 FMR LLC 0.01% of their portfolio BOSTON, MA 1,717,6961.7m $186.9m $186.9m 0.01% Added +107.0k +106,986
12 NORGES BANK 0.02% of their portfolio OSLO, Q8 1,450,5411.5m $157.9m $157.9m 0.02% Added +30.9k +30,920
13 Amundi 0.05% of their portfolio Paris, I0 1,316,4681.3m $152.2m $152.2m 0.05% Added +55.6k +55,596
14 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,284,3901.3m $139.6m $139.6m 0.02% Added +702.2k +702,230
15 TD Asset Management Inc 0.09% of their portfolio Toronto, A6 961,600961.6k $104.4m $104.4m 0.09% Reduced -87.6k -87,648
16 NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio MONTREAL, A8 930,640930.6k $101.1m $101.1m 0.11% Reduced -608.9k -608,901
17 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 922,763922.8k $102.2m $102.2m 0.01% Added +163.6k +163,578
18 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 890,975891.0k $97.5m $97.5m 0.05% Reduced -41.7k -41,655
19 Burgundy Asset Management Ltd. 0.91% of their portfolio Toronto, A6 860,737860.7k $93.5m $93.5m 0.91% Reduced -115.6k -115,601
20 Allianz Asset Management GmbH 0.10% of their portfolio MUNICH, 2M 711,935711.9k $77.3m $77.3m 0.10% Added +139.1k +139,120
21 DekaBank Deutsche Girozentrale 0.13% of their portfolio FRANKFURT, 2M 685,175685.2k $74.4m $74.4m 0.13% Added +194.0k +194,000
22 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 683,018683.0k $74.2m $74.2m 0.06% Added +6.7k +6,693
23 Man Group plc 0.15% of their portfolio LONDON, X0 640,911640.9k $69.6m $69.6m 0.15% Added +51.2k +51,204
24 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 631,850631.9k $68.7m $68.7m 0.01% Added +2.4k +2,429
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 620,585620.6k $67.4m $67.4m 0.00% Reduced -126.4k -126,437
26 CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio TORONTO ONTARIO, A6 616,253616.3k $67.1m $67.1m 0.06% Added +1.9k +1,900
27 Legal & General Group Plc 0.01% of their portfolio London, X0 555,810555.8k $60.4m $60.4m 0.01% Reduced -7.1k -7,083
28 Alberta Investment Management Corp 0.45% of their portfolio EDMONTON, A0 530,700530.7k $57.8m $57.8m 0.45% Reduced -250.9k -250,909
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 513,134513.1k $55.8m $55.8m 0.00% Reduced -26.5k -26,539
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 482,425482.4k $52.4m $52.4m 0.00% Reduced -361.3k -361,342
31 Vontobel Holding Ltd. 0.17% of their portfolio ZURICH, V8 464,243464.2k $50.5m $50.5m 0.17% Reduced -42.0k -42,001
32 TD Waterhouse Canada Inc. 0.32% of their portfolio TORONTO, A6 413,541413.5k $44.8m $44.8m 0.32% Added +4.9k +4,913
33 Waratah Capital Advisors Ltd. 3.04% of their portfolio TORONTO, A6 410,497410.5k $44.6m $44.6m 3.04% Added +25.1k +25,073
34 BlackRock, Inc. 0.00% of their portfolio New York, NY 408,151408.2k $44.4m $44.4m 0.00% Added +18.6k +18,647
35 Russell Investments Group, Ltd. 0.06% of their portfolio Seattle, WA 402,252402.3k $43.7m $43.7m 0.06% Reduced -16.2k -16,197
36 Zurcher Kantonalbank (Zurich Cantonalbank) 0.11% of their portfolio ZURICH, V8 398,920398.9k $43.3m $43.3m 0.11% Added +106.2k +106,194
37 Swiss National Bank 0.02% of their portfolio ZURICH, V8 346,870346.9k $37.6m $37.6m 0.02% Added +22.2k +22,200
38 JUPITER ASSET MANAGEMENT LTD 0.31% of their portfolio London, X0 340,323340.3k $37.0m $37.0m 0.31% Reduced -58.8k -58,792
39 Clearbridge Investments, LLC 0.03% of their portfolio NEW YORK, NY 336,029336.0k $36.5m $36.5m 0.03% Reduced -20.3k -20,292
40 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 319,452319.5k $34.7m $34.7m 0.01% Added +5.9k +5,856
41 FIL Ltd 0.03% of their portfolio HAMILTON, D0 317,734317.7k $34.6m $34.6m 0.03% New
42 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 314,464314.5k $34.1m $34.1m 0.01% Reduced -153.4k -153,387
43 TORONTO DOMINION BANK 0.07% of their portfolio TORONTO, ONTARIO, A6 294,446294.4k $32.1m $32.1m 0.07% Reduced -71.7k -71,716
44 GUARDIAN CAPITAL LP 1.13% of their portfolio TORONTO, A6 293,774293.8k $31.9m $31.9m 1.13% Reduced -29.0k -29,030
45 AXA S.A. 0.08% of their portfolio PARIS, I0 266,179266.2k $28.9m $28.9m 0.08% Added +154.9k +154,884
46 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 262,803262.8k $28.6m $28.6m 0.01% Added +40.3k +40,297
47 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 255,564255.6k $27.8m $27.8m 0.00% Reduced -9.8k -9,830
48 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 255,551255.6k $27.7m $27.7m 0.04% Reduced -3.7k -3,728
49 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 251,080251.1k $27.3m $27.3m 0.01% Reduced -77.1k -77,100
50 CIBC WORLD MARKET INC. 0.06% of their portfolio TORONTO, A6 250,363250.4k $27.3m $27.3m 0.06% Added +8.3k +8,317
51 ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio Boston, MA 249,937249.9k $27.1m $27.1m 0.06% Added +87.9k +87,900
52 J. Safra Sarasin Holding AG 0.40% of their portfolio BASEL, V8 214,753214.8k $23.3m $23.3m 0.40% Reduced -35.6k -35,614
53 Northwest & Ethical Investments L.P. 0.57% of their portfolio TORONTO, A6 209,828209.8k $22.8m $22.8m 0.57% Reduced -7.1k -7,096
54 SCOTIA CAPITAL INC. 0.11% of their portfolio TORONTO, A6 207,519207.5k $22.5m $22.5m 0.11% Added +49.3k +49,269
55 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 198,800198.8k $21.6m $21.6m 0.02% Added +180.6k +180,600
56 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 190,276190.3k $20.7m $20.7m 0.01% Reduced -65.2k -65,240
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 185,767185.8k $20.2m $20.2m 0.00% Added +51.2k +51,183
58 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 181,971182.0k $19.8m $19.8m 0.01% Added +122.1k +122,118
59 QV Investors Inc. 1.92% of their portfolio CALGARY, A0 180,085180.1k $19.6m $19.6m 1.92% Reduced -7.0k -6,950
60 Cumberland Partners Ltd 1.30% of their portfolio TORONTO, A6 172,163172.2k $18.7m $18.7m 1.30% Reduced -1.2k -1,192
61 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 171,638171.6k $18.6m $18.6m 0.02% Added +4.6k +4,588
62 Candriam S.C.A. 0.10% of their portfolio STRASSEN, N4 165,676165.7k $18.0m $18.0m 0.10% Reduced -72.4k -72,415
63 BANK OF NOVA SCOTIA 0.04% of their portfolio TORONTO, A6 165,607165.6k $18.0m $18.0m 0.04% Reduced -3.1k -3,063
64 Swiss Life Asset Management Ltd 0.10% of their portfolio Zurich, V8 163,104163.1k $17.7m $17.7m 0.10% Added +125.2k +125,177
65 CIDEL ASSET MANAGEMENT INC 1.06% of their portfolio TORONTO, A6 161,848161.8k $17.6m $17.6m 1.06% Added +1.9k +1,926
66 Grandeur Peak Global Advisors, LLC 2.03% of their portfolio SALT LAKE CITY, UT 154,500154.5k $16.8m $16.8m 2.03% Reduced -39.4k -39,400
67 Federation des caisses Desjardins du Quebec 0.07% of their portfolio LEVIS, A8 152,979153.0k $16.6m $16.6m 0.07% Added +19.4k +19,366
68 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 145,454145.5k $15.8m $15.8m 0.01% Added +138.9k +138,867
69 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 142,220142.2k $15.5m $15.5m 0.00% Reduced -22.2k -22,206
70 Hillsdale Investment Management Inc. 0.55% of their portfolio Toronto, A6 135,710135.7k $14.8m $14.8m 0.55% Added +31.9k +31,920
71 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 127,517127.5k $13.9m $13.9m 0.00% Reduced -2.4k -2,353
72 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 121,420121.4k $13.2m $13.2m 0.01% Reduced -114.9k -114,931
73 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 115,228115.2k $12.5m $12.5m 0.02% Reduced -137.3k -137,316
74 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 115,135115.1k $12.5m $12.5m 0.01% Added +6.1k +6,143
75 ECOFI INVESTISSEMENTS SA 9.09% of their portfolio NANTERRE, I0 110,500110.5k $8.2m $8.2m 9.09% Added +16.7k +16,700
76 CIBC Asset Management Inc 0.04% of their portfolio TORONTO, Z4 109,118109.1k $11.9m $11.9m 0.04% Reduced -32.4k -32,435
77 INTACT INVESTMENT MANAGEMENT INC. 0.38% of their portfolio MONTREAL, A8 102,658102.7k $11.2m $11.2m 0.38% Reduced -83.5k -83,460
78 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.12% of their portfolio CHICAGO, IL 93,55993.6k $10.2m $10.2m 0.12% Reduced -23.1k -23,055
79 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 88,91888.9k $9.7m $9.7m 0.00% Added +39.9k +39,858
80 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 87,89987.9k $9.6m $9.6m 0.02% Reduced -7.8k -7,752
81 NIA IMPACT ADVISORS, LLC 3.26% of their portfolio OAKLAND, CA 86,69886.7k $9.4m $9.4m 3.26% Reduced -964 -964
82 Forge First Asset Management Inc. 3.46% of their portfolio TORONTO, Z4 86,57986.6k $9.4m $9.4m 3.46% Added +42.0k +42,000
83 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 86,23386.2k $9.4m $9.4m 0.01% New
84 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 86,00086.0k $9.3m $9.3m 0.01% Reduced -24.2k -24,200
85 Addenda Capital Inc. 0.46% of their portfolio MONTREAL, A8 85,86185.9k $12.7m $12.7m 0.46% Reduced -22.2k -22,162
86 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 84,89384.9k $9.2m $9.2m 0.01% Added +35.1k +35,088
87 UniSuper Management Pty Ltd 0.08% of their portfolio Melbourne, Victoria, C3 83,92183.9k $12.4m $12.4m 0.08% Added +56.8k +56,825
88 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 83,76783.8k $9.1m $9.1m 0.02% Reduced -79.8k -79,800
89 AVIVA PLC 0.02% of their portfolio LONDON, X0 80,50980.5k $8.8m $8.8m 0.02% Added +6.5k +6,468
90 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 79,78679.8k $8.7m $8.7m 0.00% Reduced -472 -472
91 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 78,91778.9k $8.6m $8.6m 0.01% Reduced -7.2k -7,206
92 Skandinaviska Enskilda Banken AB (publ) 0.04% of their portfolio STOCKHOLM, V7 78,35878.4k $8.5m $8.5m 0.04% Added +26.2k +26,235
93 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 78,20078.2k $8.5m $8.5m 0.01% Added +21.6k +21,601
94 Canoe Financial LP 0.11% of their portfolio CALGARY, A0 73,67373.7k $8.0m $8.0m 0.11% Reduced -2.4k -2,386
95 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 71,15471.2k $7.7m $7.7m 0.01% Reduced -10.7k -10,656
96 Global IMC LLC 1.95% of their portfolio SOLANA BEACH, CA 69,38869.4k $7.5m $7.5m 1.95% New
97 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.04% of their portfolio VICTORIA, A1 69,32069.3k $7.5m $7.5m 0.04% Added +5.0k +5,008
98 Genus Capital Management Inc. 0.89% of their portfolio VANCOUVER, A1 64,45464.5k $7.0m $7.0m 0.89% Added +56.5k +56,505
99 NICOLA WEALTH MANAGEMENT LTD. 0.60% of their portfolio VANCOUVER, A1 59,10059.1k $6.4m $6.4m 0.60% Unchanged
100 Caldwell Investment Management Ltd. 5.45% of their portfolio TORONTO, A6 57,90057.9k $6.3m $6.3m 5.45% Added +37.0k +37,000