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Equinox Gold

247 hedge funds and large institutions have $4.43B invested in Equinox Gold in 2025 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 98 increasing their positions, 71 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more call options, than puts

Call options by funds: $152M | Put options by funds: $62M

103% more capital invested

Capital invested by funds: $2.18B → $4.43B (+$2.25B)

75% more funds holding in top 10

Funds holding in top 10: 814 (+6)

38% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 71

0.59% more ownership

Funds ownership: 49.79%50.38% (+0.59%)

3% less funds holding

Funds holding: 255247 (-8)

11% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 55

Holders
247
Holders Change
-8
Holders Change %
-3.14%
% of All Funds
3.24%
Holding in Top 10
14
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+75%
% of All Funds
0.18%
New
49
Increased
98
Reduced
71
Closed
55
Calls
$152M
Puts
$62M
Net Calls
+$89.6M
Net Calls Change
+$103M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$1.08B +$364M +45,820,861 +91%
Vanguard Group
2
Vanguard Group
Pennsylvania
$308M +$6.55M +822,981 +3%
DSC
3
Donald Smith & Co
New York
$225M -$51.5M -6,476,456 -24%
LC
4
L1 Capital
Australia
$204M -$51.8M -6,512,450 -27%
MRCP
5
Maple Rock Capital Partners
Ontario, Canada
$187M +$18.6M +2,336,100 +16%
EQF
6
Evergreen Quality Fund
Cayman Islands
$158M +$112M +14,118,129 New
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$144M +$9.45M +1,187,823 +10%
Franklin Resources
8
Franklin Resources
California
$133M +$11.8M +1,480,888 +14%
SI
9
Sprott Inc
Ontario, Canada
$119M +$9.68M +1,216,941 +13%
RL
10
Ruffer LLP
United Kingdom
$97M +$9.17M +1,152,288 +15%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$88.9M +$4.77M +599,813 +8%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$88.7M -$3.67M -460,900 -6%
Invesco
13
Invesco
Georgia
$82M -$28M -3,518,860 -33%
Two Sigma Investments
14
Two Sigma Investments
New York
$77.3M +$10.9M +1,371,356 +25%
GL
15
Gemsstock Ltd
United Kingdom
$61.1M +$942K +118,428 +2%
MI
16
Merk Investments
California
$54.9M
AF
17
Aegis Financial
Virginia
$54M -$83K -10,440 -0.2%
TD Asset Management
18
TD Asset Management
Ontario, Canada
$50M +$14.2M +1,779,148 +66%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$50M -$15.2M -1,911,830 -30%
Mackenzie Financial
20
Mackenzie Financial
Ontario, Canada
$49.1M +$13.3M +1,673,851 +62%
American Century Companies
21
American Century Companies
Missouri
$47.4M -$5.79M -727,855 -15%
PCM
22
PenderFund Capital Management
British Columbia, Canada
$43.1M +$30.6M +3,846,154 New
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$40.6M +$28.8M +3,625,134 New
Amundi
24
Amundi
France
$40.2M +$5.51M +692,222 +24%
WCA
25
Waratah Capital Advisors
Ontario, Canada
$39.6M +$24.6M +3,094,966 +718%

EQX Hedge Fund Activity: Q3 2025 in Review

247 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Equinox Gold (EQX) for Q3 2025, worth a combined $4.43B — up 103% from $2.18B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of EQX and 49 opened new positions — a net loss of 6 holders — while 71 trimmed existing stakes and 98 added.

The largest buyer was VanEck Associates, adding an estimated $364M. The largest seller was Orion Resource Partners, cutting an estimated $96.8M.

  • 247 institutional investors held Equinox Gold (EQX) as of Q3 2025, down from 255 in Q2 2025.
  • Funds reported $4.43B of Equinox Gold stock for Q3 2025, up 103% quarter-over-quarter.
  • 49 funds opened new Equinox Gold positions in Q3 2025 and 55 closed out, a net change of -6 holders.
  • The largest Equinox Gold buyer in Q3 2025 was VanEck Associates, an estimated $364M added.
  • The largest Equinox Gold seller in Q3 2025 was Orion Resource Partners, an estimated $96.8M sold.

Based on aggregated 13F filings for Q3 2025.