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 ($67.6m 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 ≈ $86.60. Options: 5 managers hold calls ($2.0m notional), 2 hold puts ($1.6m).
Trends to Q1 2026
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 |
| Q1 2026 | 308 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2026 | 148 | 121 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $3.8m | $5.1m | 1.34 |
| Q3 2025 | $2.9m | $3.2m | 1.13 |
| Q4 2025 | $1.1m | $566.2k | 0.54 |
| Q1 2026 | $2.0m | $1.6m | 0.77 |
Biggest buyers
| Pictet Asset Management Holding SA | Added | +557.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +433.4k |
| BANK OF MONTREAL /CAN/ | Added | +278.8k |
| TD Waterhouse Canada Inc. | Added | +274.0k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +238.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +193.4k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +187.1k |
| Martin Investment Management, LLC | New | +184.3k |
| CITADEL ADVISORS LLC | Added | +162.1k |
| QV Investors Inc. | New | +160.3k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -1.1m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -392.7k |
| ROYAL BANK OF CANADA | Reduced | -371.8k |
| TWO SIGMA ADVISERS, LP | Sold out | -247.3k |
| Cumberland Partners Ltd | Reduced | -147.5k |
| Grandeur Peak Global Advisors, LLC | Sold out | -114.2k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -100.4k |
| Allianz Asset Management GmbH | Reduced | -93.4k |
| NISSAY ASSET MANAGEMENT CORP /JAPAN | Reduced | -84.5k |
| UBS Group AG | Reduced | -83.3k |
Biggest calls
| SIG North Trading, ULC | Added | $1.3m14.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $371.5k4.3k shares |
| TORONTO DOMINION BANK | New | $207.5k2.4k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $121.0k14 shares |
| SIMPLEX TRADING, LLC | New | $51.8k600 shares |
Biggest puts
| SIG North Trading, ULC | Added | $1.3m15.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $224.6k2.6k 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 Q1 2026
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 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BANK OF MONTREAL /CAN/ 0.17% of their portfolio | 4.7m $410.2m | Added +278.8k |
| 1832 Asset Management L.P. 0.45% of their portfolio | 3.9m $339.3m | Reduced -47.5k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 3.8m $324.9m | Reduced -371.8k |
| Pictet Asset Management Holding SA 0.32% of their portfolio | 3.5m $300.3m | Added +557.4k |
| ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio | 3.5m $326.9m | Reduced -20.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 3.3m $286.6m | First filing |
| MACKENZIE FINANCIAL CORP 0.32% of their portfolio | 3.1m $268.4m | Reduced -1.1m |
| Fiera Capital Corp 0.60% of their portfolio | 2.0m $174.0m | Added +35.1k |
| FMR LLC 0.01% of their portfolio | 1.9m $164.5m | Reduced -151 |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $131.6m | Added +151.0k |
| Man Group plc 0.27% of their portfolio | 1.5m $131.1m | Reduced -58.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 1.4m $120.5m | Reduced -64.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $110.3m | Reduced -30.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $98.6m | Added +127.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $98.1m | Added +60.8k |
| BCV Asset Management Inc. 3.05% of their portfolio | 1.0m $88.7m | Added +43.7k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 1.0m $86.7m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 983.6k $84.8m | Added +51.6k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 903.9k $77.3m | Reduced -2.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 880.5k $74.5m | Added +96.2k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 875.7k $75.0m | Reduced -29.8k |
| Invesco Ltd. 0.01% of their portfolio | 842.2k $72.8m | Added +132.9k |
| Legal & General Group Plc 0.02% of their portfolio | 840.8k $72.5m | Reduced -51.3k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 827.8k $71.3m | Reduced -93.4k |
| Amundi 0.02% of their portfolio | 825.6k $80.9m | Added +62.8k |
| TD Asset Management Inc 0.06% of their portfolio | 801.2k $69.0m | Added +42.6k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 763.6k $66.0m | Added +193.4k |
| TD Waterhouse Canada Inc. 0.19% of their portfolio | 744.4k $64.2m | Added +274.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 717.3k $62.0m | Added +238.8k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 696.3k $60.2m | Added +5.0k |
| DekaBank Deutsche Girozentrale 0.10% of their portfolio | 685.2k $59.5m | Unchanged |
| Alberta Investment Management Corp 0.36% of their portfolio | 668.6k $57.8m | Added +77.6k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 640.5k $55.3m | Added +433.4k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 629.2k $53.8m | Reduced -40.9k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 611.6k $52.5m | Added +64.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio | 599.9k $51.9m | Reduced -392.7k |
| TORONTO DOMINION BANK 0.09% of their portfolio | 550.2k $47.6m | Added +113.6k |
| Federation des caisses Desjardins du Quebec 0.17% of their portfolio | 546.1k $46.1m | Added +5.9k |
| BlackRock, Inc. 0.00% of their portfolio | 515.6k $44.5m | Added +7.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 459.0k $39.7m | Added +88.4k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 456.6k $39.5m | First filing |
| Vontobel Holding Ltd. 0.13% of their portfolio | 433.0k $37.4m | Added +27.8k |
| Swiss National Bank 0.02% of their portfolio | 384.0k $33.1m | Added +81.7k |
| GUARDIAN CAPITAL LP 0.84% of their portfolio | 366.4k $31.6m | Added +71.7k |
| BARCLAYS PLC 0.01% of their portfolio | 365.8k $31.6m | Added +8.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 364.7k $31.4m | Added +187.1k |
| CIBC WORLD MARKET INC. 0.06% of their portfolio | 364.0k $31.5m | Added +95.7k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 308.3k $854.6k | Reduced -10.4k |
| UBS Group AG 0.00% of their portfolio | 307.4k $26.6m | Reduced -83.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 307.1k $26.5m | Added +162.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 304.6k $26.3m | Added +20.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 298.7k $25.7m | Added +10.4k |
| JUPITER ASSET MANAGEMENT LTD 0.13% of their portfolio | 279.4k $24.1m | Unchanged |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 277.8k $24.0m | Added +65.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 251.3k $21.7m | Reduced -36.4k |
| SCOTIA CAPITAL INC. 0.08% of their portfolio | 240.7k $20.4m | Added +46.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 235.2k $20.3m | Reduced -33.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 235.2k $20.3m | Added +50.0k |
| Northwest & Ethical Investments L.P. 0.44% of their portfolio | 220.5k $19.0m | Reduced -16.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 209.0k $18.0m | Reduced -29.3k |
| NICOLA WEALTH MANAGEMENT LTD. 2.10% of their portfolio | 202.8k $17.5m | Added +138.2k |
| Martin Investment Management, LLC 4.77% of their portfolio | 184.3k $15.9m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 182.9k $15.8m | Added +35.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 182.9k $15.8m | Added +28.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 178.4k $15.4m | First filing |
| Swiss Life Asset Management Ltd 0.07% of their portfolio | 172.2k $14.9m | Added +11.6k |
| Korea Investment CORP 0.03% of their portfolio | 165.1k $14.2m | Added +46.4k |
| CIDEL ASSET MANAGEMENT INC 0.77% of their portfolio | 163.7k $14.1m | Added +100.5k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 163.1k $13.8m | Added +493 |
| QV Investors Inc. 1.12% of their portfolio | 160.3k $13.8m | New |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 153.4k $13.3m | Reduced -10.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 136.0k $11.7m | Reduced -16.7k |
| J. Safra Sarasin Holding AG 0.20% of their portfolio | 135.1k $11.6m | Reduced -24.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 128.0k $11.1m | Added +103.5k |
| Nuveen, LLC 0.00% of their portfolio | 120.9k $10.4m | Added +41.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 120.5k $10.3m | Reduced -100.4k |
| Quadrature Capital Ltd 0.12% of their portfolio | 115.5k $10.0m | New |
| CIBC Asset Management Inc 0.02% of their portfolio | 108.8k $9.4m | Added +3.7k |
| AVIVA PLC 0.01% of their portfolio | 98.4k $8.5m | Added +2.1k |
| Varma Mutual Pension Insurance Co 0.05% of their portfolio | 98.3k $8.5m | Unchanged |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio | 97.5k $8.4m | Added +36.9k |
| Sienna Gestion 0.46% of their portfolio | 82.4k $7.0m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 80.8k $7.0m | Reduced -4.2k |
| UniSuper Management Pty Ltd 0.06% of their portfolio | 80.4k $9.7m | Unchanged |
| LOUISBOURG INVESTMENTS INC. 1.28% of their portfolio | 78.6k $6.8m | Added +36.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 77.8k $6.7m | Reduced -48.0k |
| Addenda Capital Inc. 0.26% of their portfolio | 77.4k $9.3m | Unchanged |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 74.4k $6.4m | Reduced -3.7k |
| CITIGROUP INC 0.00% of their portfolio | 70.7k $6.1m | Reduced -5.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 69.5k $6.0m | Reduced -79.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 67.8k $5.9m | Reduced -26.7k |
| NIA IMPACT ADVISORS, LLC 2.60% of their portfolio | 67.6k $5.8m | Reduced -4.4k |
| Waratah Capital Advisors Ltd. 0.50% of their portfolio | 64.7k $5.6m | Added +159 |
| Canoe Financial LP 0.07% of their portfolio | 63.2k $5.5m | Reduced -10.7k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 62.0k $5.4m | Added +48.6k |
| Advisors Asset Management, Inc. 0.08% of their portfolio | 59.0k $5.1m | Added +4.7k |
| Quantinno Capital Management LP 0.01% of their portfolio | 58.9k $5.1m | Added +22.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 58.8k $5.1m | Added +25.5k |
| SEB Asset Management AB 0.02% of their portfolio | 54.7k $4.7m | First filing |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 54.5k $4.7m | Reduced -15.3k |