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SA

Seabridge Gold

160 hedge funds and large institutions have $1.05B invested in Seabridge Gold in 2025 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 60 increasing their positions, 40 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

88% more capital invested

Capital invested by funds: $557M → $1.05B (+$489M)

50% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 40

28% more call options, than puts

Call options by funds: $52.5M | Put options by funds: $41.1M

4.71% more ownership

Funds ownership: 37.66%42.37% (+4.7%)

8% less funds holding

Funds holding: 173160 (-13)

30% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 40

Holders
160
Holders Change
-13
Holders Change %
-7.51%
% of All Funds
2.1%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.07%
New
28
Increased
60
Reduced
40
Closed
40
Calls
$52.5M
Puts
$41.1M
Net Calls
+$11.4M
Net Calls Change
+$8.26M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$198M +$95.9M +5,543,170 +210%
KGI
2
Kopernik Global Investors
Florida
$168M -$7.54M -435,940 -6%
TI
3
Tidal Investments
Wisconsin
$74.2M +$5.88M +339,913 +12%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$51.4M +$5.23M +302,476 +17%
OTPPB
5
Ontario Teachers' Pension Plan Board
Ontario, Canada
$35.9M
Raymond James Financial
6
Raymond James Financial
Florida
$32.8M +$2.65M +153,021 +13%
Vanguard Group
7
Vanguard Group
Pennsylvania
$31.3M +$21.3M +1,231,002 +1,868%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$29M +$11.7M +674,465 +128%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$24.2M -$15K -869 -0.1%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$19.7M +$6.66M +384,899 +89%
Jane Street
11
Jane Street
New York
$18.8M -$370K -21,383 -3%
Amundi
12
Amundi
France
$18.3M +$638K +36,868 +5%
VDBMI
13
Van Den Berg Management I
Texas
$17.9M -$173K -10,020 -1%
Russell Investments Group
14
Russell Investments Group
United Kingdom
$16.8M -$4.98M -287,817 -29%
Group One Trading
15
Group One Trading
Illinois
$15.9M +$9.57M +552,923 +521%
Citadel Advisors
16
Citadel Advisors
Florida
$14.8M -$7.6M -439,125 -42%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$14.2M -$1.12M -64,800 -10%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$14M +$4.19M +242,194 +72%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$13.7M +$1.02M +59,219 +12%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$13.2M +$1.95M +112,797 +26%
AA
21
ALPS Advisors
Colorado
$13.2M +$560K +32,385 +6%
Bank of America
22
Bank of America
North Carolina
$12.4M +$3.53M +203,885 +66%
Morgan Stanley
23
Morgan Stanley
New York
$11.3M -$9.12M -527,095 -53%
Deutsche Bank
24
Deutsche Bank
Germany
$10.9M -$21.2K -1,223 -0.3%
CFM
25
Crawford Fund Management
Massachusetts
$10.1M -$1.04M -60,000 -13%

SA Hedge Fund Activity: Q3 2025 in Review

160 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q3 2025, worth a combined $1.05B — up 88% from $557M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of SA and 28 opened new positions — a net loss of 12 holders — while 40 trimmed existing stakes and 60 added.

The largest buyer was VanEck Associates, adding an estimated $95.9M. The largest seller was Paulson & Co, exiting entirely with an estimated $30.1M sold.

  • 160 institutional investors held Seabridge Gold (SA) as of Q3 2025, down from 173 in Q2 2025.
  • Funds reported $1.05B of Seabridge Gold stock for Q3 2025, up 88% quarter-over-quarter.
  • 28 funds opened new Seabridge Gold positions in Q3 2025 and 40 closed out, a net change of -12 holders.
  • The largest Seabridge Gold buyer in Q3 2025 was VanEck Associates, an estimated $95.9M added.
  • The largest Seabridge Gold seller in Q3 2025 was Paulson & Co, an estimated $30.1M sold.

Based on aggregated 13F filings for Q3 2025.