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720 hedge funds and large institutions have $12.1B invested in Cameco in 2025 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 298 increasing their positions, 208 reducing their positions, and 116 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 298 | Existing positions reduced: 208

0.67% more ownership

Funds ownership: 67.42%68.09% (+0.67%)

5% less funds holding

Funds holding: 754720 (-34)

17% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 116

27% less capital invested

Capital invested by funds: $16.6B → $12.1B (-$4.41B)

45% less call options, than puts

Call options by funds: $519M | Put options by funds: $944M

46% less funds holding in top 10

Funds holding in top 10: 3519 (-16)

Holders
720
Holders Change
-34
Holders Change %
-4.51%
% of All Funds
9.65%
Holding in Top 10
19
Holding in Top 10 Change
-16
Holding in Top 10 Change %
-45.71%
% of All Funds
0.25%
New
96
Increased
298
Reduced
208
Closed
116
Calls
$519M
Puts
$944M
Net Calls
-$426M
Net Calls Change
-$537M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$119M +$54.8M +1,164,990 +68%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$115M +$13M +275,830 +11%
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$112M +$104M +2,204,313 +425%
Citigroup
29
Citigroup
New York
$112M +$45.4M +964,065 +55%
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$111M -$37.9M -804,416 -23%
Invesco
31
Invesco
Georgia
$109M -$935K -19,855 -0.7%
Connor, Clark & Lunn Investment Management (CC&L)
32
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$105M -$10.7M -226,392 -8%
FDCDDQ
33
Federation des caisses Desjardins du Quebec
Quebec, Canada
$101M +$10.7M +228,148 +10%
Legal & General Group
34
Legal & General Group
United Kingdom
$100M +$137K +2,911 +0.1%
P3I
35
Progeny 3 Inc
Washington
$95.4M +$2.35M +50,000 +2%
Millennium Management
36
Millennium Management
New York
$91.8M +$104M +2,206,266 +8,853%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$91.2M +$2.66M +56,583 +3%
Manulife (Manufacturers Life Insurance)
38
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$88.9M +$1.23M +26,075 +1%
TD Asset Management
39
TD Asset Management
Ontario, Canada
$84.7M +$1.1M +23,321 +1%
Canada Pension Plan Investment Board
40
Canada Pension Plan Investment Board
Ontario, Canada
$83.6M +$65.3M +1,387,797 +216%
Amundi
41
Amundi
France
$82.6M -$6.53M -138,705 -6%
PIM
42
Platinum Investment Management
Australia
$81.3M +$43.9M +933,572 +90%
DCM
43
Driehaus Capital Management
Illinois
$81.2M -$12.8M -271,554 -12%
RPI
44
Railway Pension Investments
United Kingdom
$70.3M
WHRC
45
W.H. Reaves & Co
New Jersey
$66M +$7.71M +163,735 +11%
Bank of Nova Scotia
46
Bank of Nova Scotia
Ontario, Canada
$63.9M +$3.11M +66,162 +4%
Bank of New York Mellon
47
Bank of New York Mellon
New York
$62.4M -$18.4M -391,205 -21%
UBS Group
48
UBS Group
Switzerland
$58.5M -$16.3M -346,883 -20%
Temasek Holdings
49
Temasek Holdings
Singapore
$55.5M +$63.5M +1,348,702 New
Primecap Management
50
Primecap Management
California
$52.2M -$2.44M -51,820 -4%

CCJ Hedge Fund Activity: Q1 2025 in Review

720 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Cameco (CCJ) for Q1 2025, worth a combined $12.1B — down 27% from $16.6B a quarter earlier.

Sellers outnumbered buyers: 116 funds closed out of CCJ and 96 opened new positions — a net loss of 20 holders — while 208 trimmed existing stakes and 298 added.

The largest buyer was Caledonia Investments (Australia), opening a new position worth an estimated $213M. The largest seller was Fidelity Investments, cutting an estimated $367M.

  • 720 institutional investors held Cameco (CCJ) as of Q1 2025, down from 754 in Q4 2024.
  • Funds reported $12.1B of Cameco stock for Q1 2025, down 27% quarter-over-quarter.
  • 96 funds opened new Cameco positions in Q1 2025 and 116 closed out, a net change of -20 holders.
  • The largest Cameco buyer in Q1 2025 was Caledonia Investments (Australia), an estimated $213M added.
  • The largest Cameco seller in Q1 2025 was Fidelity Investments, an estimated $367M sold.

Based on aggregated 13F filings for Q1 2025.