STANTEC INC STN
COM · Common Stock · CUSIP 85472N109 · ISIN CA85472N1096
International professional services company in the design and consulting industry.
- SectorIndustrials
- IndustryServices-Engineering Services
- HeadquartersEdmonton, Canada
- Founded1954
- Websitestantec.com
- FilingsSEC EDGAR
* 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 ($64.4m this quarter). Holder counts are more reliable. Shares outstanding: 114.1m 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 ≈ $95.31. Options: 2 managers hold calls ($1.1m notional), 2 hold puts ($566.2k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 147 |
| Q4 2022 | 159 |
| Q1 2023 | 187 |
| Q2 2023 | 183 |
| Q3 2023 | 197 |
| Q4 2023 | 223 |
| Q1 2024 | 237 |
| Q2 2024 | 227 |
| Q3 2024 | 223 |
| Q4 2024 | 237 |
| Q1 2025 | 265 |
| Q2 2025 | 284 |
| Q3 2025 | 279 |
| Q4 2025 | 288 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 119 | 112 |
| Q2 2024 | 94 | 122 |
| Q3 2024 | 108 | 104 |
| Q4 2024 | 116 | 90 |
| Q1 2025 | 137 | 101 |
| Q2 2025 | 150 | 111 |
| Q3 2025 | 132 | 118 |
| Q4 2025 | 146 | 121 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $2.3m | $4.0m | 1.71 |
| Q2 2025 | $3.8m | $5.1m | 1.34 |
| Q3 2025 | $2.9m | $3.2m | 1.13 |
| Q4 2025 | $1.1m | $566.2k | 0.54 |
Biggest buyers
| 1832 Asset Management L.P. | Added | +3.9m |
| BANK OF MONTREAL /CAN/ | Added | +897.9k |
| Man Group plc | Added | +803.3k |
| MORGAN STANLEY | Added | +726.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +655.5k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +519.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +268.0k |
| Allianz Asset Management GmbH | Added | +261.2k |
| BARCLAYS PLC | Added | +229.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | New | +154.6k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -1.6m |
| Pictet Asset Management Holding SA | Reduced | -533.7k |
| Fiera Capital Corp | Reduced | -488.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -407.0k |
| JPMORGAN CHASE & CO | Reduced | -392.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -355.0k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -344.0k |
| Federation des caisses Desjardins du Quebec | Reduced | -264.5k |
| FIL Ltd | Sold out | -243.4k |
| QV Investors Inc. | Sold out | -161.0k |
Biggest calls
| SIG North Trading, ULC | Reduced | $811.5k8.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $245.3k2.6k shares |
Biggest puts
| SIG North Trading, ULC | Reduced | $471.8k5.0k shares |
| TORONTO DOMINION BANK | Unchanged | $94.4k1.0k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +0.7 pts · filed 2026-01-21 | 5.0% |
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
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 5.0m $468.6m | Added +92.6k |
| BANK OF MONTREAL /CAN/ 0.17% of their portfolio | 4.5m $421.3m | Added +897.9k |
| MACKENZIE FINANCIAL CORP 0.47% of their portfolio | 4.2m $396.8m | Reduced -1.6m |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 4.1m $389.9m | Added +117.6k |
| 1832 Asset Management L.P. 0.48% of their portfolio | 4.0m $375.1m | Added +3.9m |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 3.5m $328.8m | Added +9.1k |
| Pictet Asset Management Holding SA 0.27% of their portfolio | 2.9m $276.7m | Reduced -533.7k |
| Fiera Capital Corp 0.59% of their portfolio | 2.0m $187.0m | Reduced -488.6k |
| FMR LLC 0.01% of their portfolio | 1.9m $179.6m | Added +126.2k |
| Man Group plc 0.28% of their portfolio | 1.6m $149.2m | Added +803.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.11% of their portfolio | 1.5m $138.0m | Reduced -407.0k |
| MORGAN STANLEY 0.01% of their portfolio | 1.4m $129.5m | Added +726.3k |
| NORGES BANK 0.01% of their portfolio | 1.3m $124.2m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.3m $123.4m | Reduced -355.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $100.4m | Added +69.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.0m $95.6m | Added +143.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.25% of their portfolio | 992.6k $93.7m | Reduced -344.0k |
| BCV Asset Management Inc. 3.36% of their portfolio | 985.8k $132.9m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 932.0k $88.1m | Added +519.5k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 921.2k $87.0m | Added +261.2k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 906.5k $86.4m | Added +20.3k |
| NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio | 905.5k $85.3m | Added +28.5k |
| Legal & General Group Plc 0.02% of their portfolio | 892.1k $84.3m | Added +89.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 784.3k $74.0m | Reduced -392.2k |
| Amundi 0.02% of their portfolio | 762.8k $80.2m | Added +83.7k |
| TD Asset Management Inc 0.06% of their portfolio | 758.6k $71.7m | Added +52.9k |
| Invesco Ltd. 0.01% of their portfolio | 709.3k $66.9m | Added +57.0k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 691.4k $65.2m | Added +12.6k |
| DekaBank Deutsche Girozentrale 0.11% of their portfolio | 685.2k $60.9m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 670.1k $63.2m | Added +655.5k |
| Alberta Investment Management Corp 0.33% of their portfolio | 591.0k $55.8m | Added +96.1k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 570.2k $53.8m | Added +268.0k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 547.2k $51.8m | Added +107.4k |
| Federation des caisses Desjardins du Quebec 0.19% of their portfolio | 540.2k $50.9m | Reduced -264.5k |
| BlackRock, Inc. 0.00% of their portfolio | 508.2k $47.9m | Added +42.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 478.4k $45.1m | Added +7.2k |
| TD Waterhouse Canada Inc. 0.28% of their portfolio | 470.4k $44.3m | Added +29.7k |
| TORONTO DOMINION BANK 0.07% of their portfolio | 436.7k $41.2m | Added +141.7k |
| Vontobel Holding Ltd. 0.13% of their portfolio | 405.2k $38.2m | Reduced -62.4k |
| UBS Group AG 0.01% of their portfolio | 390.6k $36.9m | Added +73.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 370.6k $35.0m | Added +40.7k |
| BARCLAYS PLC 0.01% of their portfolio | 357.0k $33.7m | Added +229.7k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 318.7k $30.1m | Reduced -10.1k |
| Swiss National Bank 0.02% of their portfolio | 302.3k $28.6m | Reduced -26.0k |
| GUARDIAN CAPITAL LP 0.83% of their portfolio | 294.7k $27.8m | Added +7.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 288.3k $27.2m | Added +2.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 287.7k $27.1m | Added +40.3k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 283.7k $26.8m | Added +118.3k |
| JUPITER ASSET MANAGEMENT LTD 0.21% of their portfolio | 279.4k $26.4m | Added +189 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 268.4k $25.3m | Reduced -27.4k |
| CIBC WORLD MARKET INC. 0.05% of their portfolio | 268.3k $25.3m | Reduced -13.4k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 247.3k $23.3m | Added +135.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 238.3k $22.5m | Reduced -125.1k |
| Northwest & Ethical Investments L.P. 0.50% of their portfolio | 236.6k $22.3m | Added +43.4k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 221.0k $20.9m | Reduced -3.9k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 212.4k $20.0m | Added +100.4k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 207.1k $19.5m | Added +128.7k |
| SCOTIA CAPITAL INC. 0.07% of their portfolio | 193.9k $18.3m | Reduced -14.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 185.1k $17.5m | Reduced -162 |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 177.6k $16.8m | Added +113.9k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 163.8k $15.5m | Reduced -1.3k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 162.6k $15.4m | Reduced -110.6k |
| Swiss Life Asset Management Ltd 0.08% of their portfolio | 160.5k $15.2m | Reduced -4.9k |
| J. Safra Sarasin Holding AG 0.25% of their portfolio | 160.0k $15.1m | Reduced -100.9k |
| Cumberland Partners Ltd 0.92% of their portfolio | 159.5k $15.1m | Reduced -2.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 154.6k $20.0m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 152.7k $14.4m | Added +274 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 149.4k $14.1m | Reduced -118.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 147.6k $13.9m | Added +15.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 144.9k $13.7m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 125.8k $11.9m | Reduced -8.3k |
| Korea Investment CORP 0.02% of their portfolio | 118.7k $11.2m | Added +32.8k |
| NISSAY ASSET MANAGEMENT CORP /JAPAN 0.06% of their portfolio | 114.5k $10.8m | New |
| Grandeur Peak Global Advisors, LLC 1.45% of their portfolio | 114.2k $10.8m | Reduced -4.2k |
| CIBC Asset Management Inc 0.02% of their portfolio | 105.2k $9.9m | Reduced -4.3k |
| Varma Mutual Pension Insurance Co 0.06% of their portfolio | 98.3k $9.3m | New |
| AVIVA PLC 0.02% of their portfolio | 96.2k $9.1m | Added +5.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 94.5k $8.9m | Added +10.2k |
| INTECH INVESTMENT MANAGEMENT LLC 0.08% of their portfolio | 94.0k $8.9m | Added +88.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 85.0k $8.0m | Added +11.6k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 82.8k $7.8m | Added +77.5k |
| Andra AP-fonden 0.13% of their portfolio | 82.4k $10.7m | Added +30.3k |
| Sienna Gestion 0.47% of their portfolio | 82.4k $7.8m | Unchanged |
| UniSuper Management Pty Ltd 0.06% of their portfolio | 80.4k $10.4m | Added +1.7k |
| Nuveen, LLC 0.00% of their portfolio | 79.8k $7.5m | Unchanged |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 78.0k $7.4m | Reduced -7.3k |
| Addenda Capital Inc. 0.29% of their portfolio | 77.4k $10.0m | Reduced -8.4k |
| CITIGROUP INC 0.00% of their portfolio | 76.3k $7.2m | Reduced -4.7k |
| Canoe Financial LP 0.09% of their portfolio | 73.8k $7.0m | Reduced -1.4k |
| NIA IMPACT ADVISORS, LLC 2.28% of their portfolio | 72.0k $6.8m | Reduced -3.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 69.8k $6.6m | Added +8.0k |
| ECOFI INVESTISSEMENTS SA 4.45% of their portfolio | 68.2k $6.5m | Reduced -2.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.07% of their portfolio | 65.5k $6.2m | Reduced -27.2k |
| NICOLA WEALTH MANAGEMENT LTD. 0.55% of their portfolio | 64.6k $6.1m | Reduced -16.6k |
| Waratah Capital Advisors Ltd. 0.46% of their portfolio | 64.5k $6.1m | Reduced -1.6k |
| CIDEL ASSET MANAGEMENT INC 0.42% of their portfolio | 63.2k $6.0m | Reduced -92.3k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.03% of their portfolio | 60.6k $5.7m | Reduced -5.9k |
| Advisors Asset Management, Inc. 0.09% of their portfolio | 54.3k $5.1m | Added +3.0k |
| APG Asset Management N.V. 0.01% of their portfolio | 53.4k $4.3m | Reduced -4.2k |
| Aviso Financial Inc. 0.19% of their portfolio | 52.3k $4.9m | Added +15.9k |