Spruce House Investment Management’s Colliers International CIGI Stock Holding History

Spruce House Investment Management’s Portfolio CIGI Stock Details CIGI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$268M	Buy	2,511,000 +1,209,867	+93%	+$151M	9.58%	3
2025 Q4	$191M	Hold	1,301,133	–	–	5.55%	5
2025 Q3	$203M	Hold	1,301,133	–	–	5.26%	4
2025 Q2	$170M	Hold	1,301,133	–	–	6.29%	4
2025 Q1	$157M	Hold	1,301,133	–	–	8.18%	4
2024 Q4	$177M	Buy	1,301,133 +1	+0%	+$148	6.5%	3
2024 Q3	$197M	Hold	1,301,132	–	–	9.68%	3
2024 Q2	$145M	Hold	1,301,132	–	–	9.57%	4
2024 Q1	$159M	Buy	1,301,132 +301,132	+30%	+$35.7M	11.44%	5
2023 Q4	$127M	Hold	1,000,000	–	–	9.96%	5
2023 Q3	$95.3M	Hold	1,000,000	–	–	8.47%	5
2023 Q2	$98.1M	Hold	1,000,000	–	–	11.21%	5
2023 Q1	$106M	Hold	1,000,000	–	–	20.66%	2
2022 Q4	$91.8M	Hold	1,000,000	–	–	24.35%	2
2022 Q3	$91.5M	Hold	1,000,000	–	–	16.5%	3
2022 Q2	$110M	Hold	1,000,000	–	–	15.81%	4
2022 Q1	$130M	Sell	1,000,000 -1,475,143	-60%	-$204M	7.53%	5
2021 Q4	$369M	Hold	2,475,143	–	–	11.57%	4
2021 Q3	$316M	Sell	2,475,143 -1,750,000	-41%	-$222M	8.2%	4
2021 Q2	$473M	Sell	4,225,143 -1,500,000	-26%	-$165M	11.26%	3
2021 Q1	$563M	Hold	5,725,143	–	–	16.14%	3
2020 Q4	$509M	Hold	5,725,143	–	–	15.59%	3
2020 Q3	$381M	Hold	5,725,143	–	–	9.36%	4
2020 Q2	$329M	Hold	5,725,143	–	–	11.18%	5
2020 Q1	$274M	Sell	5,725,143 -260,100	-4%	-$19.5M	17.31%	3
2019 Q4	$466M	Buy	5,985,243 +1	+0%	+$72	15.21%	4
2019 Q3	$450M	Hold	5,985,242	–	–	16.27%	3
2019 Q2	$428M	Hold	5,985,242	–	–	16.08%	3
2019 Q1	$400M	Hold	5,985,242	–	–	14.71%	4
2018 Q4	$330M	Hold	5,985,242	–	–	15.22%	3
2018 Q3	$464M	Hold	5,985,242	–	–	15.27%	3
2018 Q2	$456M	Hold	5,985,242	–	–	16.68%	2
2018 Q1	$415M	Hold	5,985,242	–	–	18.21%	2
2017 Q4	$361M	Hold	5,985,242	–	–	17.62%	2
2017 Q3	$297M	Hold	5,985,242	–	–	19.19%	2
2017 Q2	$338M	Hold	5,985,242	–	–	22.9%	2
2017 Q1	$283M	Buy	5,985,242 +117,823	+2%	+$5.03M	24.28%	2
2016 Q4	$216M	Buy	5,867,419 +1,615,068	+38%	+$60.9M	21.71%	2
2016 Q3	$178M	Buy	4,252,351 +786,011	+23%	+$32M	20.29%	3
2016 Q2	$118M	Buy	3,466,340 +130,700	+4%	+$4.99M	16.49%	3
2016 Q1	$126M	Buy	3,335,640 +882,604	+36%	+$32.5M	17.15%	3
2015 Q4	$109M	Hold	2,453,036	–	–	17.19%	3
2015 Q3	$99.9M	Hold	2,453,036	–	–	18.51%	3
2015 Q2	$93.8M	Sell	2,453,036 -1,739,203	-41%	-$67.2M	18.51%	3
2015 Q1	$159M	Buy	4,192,239 +770,267	+23%	+$25.7M	33.24%	1
2014 Q4	$102M	Buy	+3,421,972	New	+$105M	25.48%	2