Shell Asset Management’s Seabridge Gold SA Stock Holding History

Shell Asset Management’s Portfolio SA Stock Details SA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	$29K	Sell	1,215 -3,197	-72%	-$55.3K	﹤0.01%	985
2025 Q2	$64K	Buy	4,412 +300	+7%	+$3.81K	﹤0.01%	1103
2025 Q1	$48K	Hold	4,112	–	–	﹤0.01%	1158
2024 Q4	$47K	Hold	4,112	–	–	﹤0.01%	1187
2024 Q3	$69K	Buy	+4,112	New	+$66.9K	﹤0.01%	1130
2024 Q1	$56K	Sell	4,112 -300	-7%	-$3.5K	﹤0.01%	1141
2023 Q4	$54K	Sell	4,412 -1,100	-20%	-$12.6K	﹤0.01%	1166
2023 Q3	$58K	Buy	5,512 +300	+6%	+$3.56K	﹤0.01%	1172
2023 Q2	$63K	Sell	5,212 -1,500	-22%	-$20.4K	﹤0.01%	1195
2023 Q1	$86K	Buy	6,712 +1,500	+29%	+$18.5K	﹤0.01%	1139
2022 Q4	$65K	Sell	5,212 -500	-9%	-$5.92K	﹤0.01%	1236
2022 Q3	$68K	Sell	5,712 -1,100	-16%	-$13.9K	﹤0.01%	1297
2022 Q2	$84K	Sell	6,812 -400	-6%	-$6.41K	﹤0.01%	1313
2022 Q1	$134K	Hold	7,212	–	–	﹤0.01%	1248
2021 Q4	$119K	Buy	7,212 +2,100	+41%	+$37.6K	﹤0.01%	1310
2021 Q3	$79K	Sell	5,112 -203	-4%	-$3.52K	﹤0.01%	1329
2021 Q2	$93K	Buy	5,315 +100	+2%	+$1.81K	﹤0.01%	1374
2021 Q1	$84K	Buy	5,215 +300	+6%	+$5.59K	﹤0.01%	1318
2020 Q4	$103K	Buy	4,915 +706	+17%	+$13.7K	﹤0.01%	1265
2020 Q3	$79K	Buy	4,209 +400	+11%	+$7.5K	﹤0.01%	1209
2020 Q2	$67K	Sell	3,809 -3,700	-49%	-$52.3K	﹤0.01%	1203
2020 Q1	$69K	Sell	7,509 -400	-5%	-$4.73K	﹤0.01%	1146
2019 Q4	$110K	Buy	7,909 +4,700	+146%	+$59.5K	﹤0.01%	1174
2019 Q3	$41K	Hold	3,209	–	–	﹤0.01%	1221
2019 Q2	$43K	Sell	3,209 -69	-2%	-$818	﹤0.01%	1197
2019 Q1	$41K	Hold	3,278	–	–	﹤0.01%	1174
2018 Q4	$43K	Sell	3,278 -800	-20%	-$10.1K	﹤0.01%	1118
2018 Q3	$53K	Hold	4,078	–	–	﹤0.01%	1139
2018 Q2	$46K	Hold	4,078	–	–	﹤0.01%	1089
2018 Q1	$44K	Sell	4,078 -100	-2%	-$1.11K	﹤0.01%	1102
2017 Q4	$48K	Hold	4,178	–	–	﹤0.01%	1094
2017 Q3	$64K	Hold	4,178	–	–	﹤0.01%	1079
2017 Q2	$58K	Hold	4,178	–	–	﹤0.01%	1073
2017 Q1	$61K	Hold	4,178	–	–	﹤0.01%	1067
2016 Q4	$46K	Sell	4,178 -100	-2%	-$984	﹤0.01%	1038
2016 Q3	$62K	Hold	4,278	–	–	﹤0.01%	1017
2016 Q2	$81K	Hold	4,278	–	–	﹤0.01%	870
2016 Q1	$61K	Hold	4,278	–	–	﹤0.01%	872
2015 Q4	$49K	Sell	4,278 -4,005	-48%	-$31.5K	﹤0.01%	869
2015 Q3	$75K	Buy	8,283 +1,605	+24%	+$8.75K	﹤0.01%	820
2015 Q2	$51K	Hold	6,678	–	–	﹤0.01%	871
2015 Q1	$46K	Sell	6,678 -1,605	-19%	-$12.5K	﹤0.01%	855
2014 Q4	$73K	Hold	8,283	–	–	﹤0.01%	852
2014 Q3	$75K	Hold	8,283	–	–	﹤0.01%	848
2014 Q2	$83K	Buy	8,283 +915	+12%	+$7.21K	﹤0.01%	857
2014 Q1	$58K	Hold	7,368	–	–	﹤0.01%	833
2013 Q4	$57K	Sell	7,368 -1,558	-17%	-$13.1K	﹤0.01%	817
2013 Q3	$97K	Sell	8,926 -1,573	-15%	-$19.4K	﹤0.01%	802
2013 Q2	$103K	Buy	+10,499	New	+$118K	﹤0.01%	795

Other funds holding SA

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

KGI

Kopernik Global Investors Tampa, Florida $1.43B AUM 63.57% 1-Year Est. Return

Tidal Investments Milwaukee, Wisconsin $47.4B AUM 59.58% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

OTPPB

Ontario Teachers' Pension Plan Board Toronto, Ontario, Canada $3.46B AUM 7.79% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Shell Asset Management's SA Position: Q3 2025 in Review

Shell Asset Management reduced its Seabridge Gold (SA) stake by 72% in Q3 2025, selling an estimated $55.3K and leaving 1,215 shares worth $29K. The position accounts for ﹤0.01% of the portfolio, ranked #985.

Shell Asset Management first reported a position in SA in Q2 2013 and has held it in 49 quarters since. The position peaked at $134K in Q1 2022. 160 funds tracked by Wall St. Rank hold SA as of Q3 2025.

Shell Asset Management held 1,215 shares of Seabridge Gold worth $29K as of Q3 2025.
Shell Asset Management sold 3,197 Seabridge Gold shares in Q3 2025, an estimated $55.3K.
Seabridge Gold made up ﹤0.01% of Shell Asset Management's portfolio in Q3 2025, its #985 holding.
Shell Asset Management first reported a position in Seabridge Gold in Q2 2013 and has held it in 49 quarters since.
Shell Asset Management's Seabridge Gold position peaked at $134K in Q1 2022.
160 funds tracked by Wall St. Rank held Seabridge Gold as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.