Colliers International Group Inc.

CIGI • NASDAQ

Colliers International Group Inc. is a real estate - services company in the real estate sector on NASDAQ, led by John Doe, with a market cap of $7.4B. As of Q3 2025, 71% of shares are held by 210 institutional investors, with ROYAL BANK OF CANADA as the largest holder at 8.01%.

Chief Executive OfficerJohn Doe

Market Cap$7.4B

Real Estate - Services

Real Estate

Employees19.2K

Websitecolliers.com

Country

United States of America

Overview

Overview of institutional ownership in CIGI as of Q3 2025 with a market cap of $7.9B

All Institutions

Institutions: 210
Value Held: $5.6B
Shares Held: 35.9M
Avg Position: $26.8M
Median Position: $2.0M

Hedge Funds

Hedge Funds: 26
Value Held: $969.9M
Shares Held: 6.2M
Avg Position: $37.3M
Median Position: $1.8M

Ownership Breakdown

Institutional (non-HF)

58.58%

$4.7B

Hedge Funds

12.22%

$969.9M

Retail & Other

29.2%

$2.3B

Based on market cap of $7.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CIGI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
R ROYAL BANK OF CANADA Institution	-	$635.9M 0.12% of portfolio	8.01% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
Durable Capital Partners LP Hedge Fund•Long/Short	Henry Martin Ellenbogen CIO	$577.8M 4.28% of portfolio	7.28% 3.7M shares	Q1 2023 Held for 2y 8m	$13.5B
Jarislowsky, Fraser Ltd Long Only Manager	Marc Jeffrey Rowan CEO	$331.0M 1.82% of portfolio	4.16% 2.1M shares	Q4 2017 Held for 7y 11m	$18.2B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$308.5M 0.00% of portfolio	3.88% 2.0M shares	Q1 2015 Held for 10y 8m	$6.69T
Beutel, Goodman & Co Ltd. Long Only Manager	Jackie Corneil Managing Partner	$270.6M 1.63% of portfolio	3.41% 1.7M shares	Q4 2017 Held for 7y 11m	$16.6B
F FIL Ltd Institution	-	$265.2M 0.21% of portfolio	3.34% 1.7M shares	Q4 2018 Held for 6y 11m	$127.75B
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	Keith Robert Cozza President	$203.4M 5.26% of portfolio	2.56% 1.3M shares	Q4 2014 Held for 10y 11m	$3.9B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$175.2M 0.02% of portfolio	2.21% 1.1M shares	Q2 2024 Held for 1y 5m	$912.31B
N Neuberger Berman Group LLC Institution	-	$171.6M 0.13% of portfolio	2.16% 1.1M shares	Q4 2017 Held for 7y 11m	$136.94B
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$156.5M 0.13% of portfolio	1.97% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$120.17B

Net Capital Flow

Institutional buying and selling activity for CIGI in Q3 2025

Traded: +$36.1M
Buyers: 103
Sellers: 77
Total Bought: +$420.5M
Total Sold: −$384.5M
Avg Position: $25.4M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$87.7M +561.3K shares	$175.2M 1.1M shares
JPMORGAN CHASE & CO Institution	+$53.7M +343.9K shares	$53.8M 344.2K shares
F FIL Ltd Institution	+$31.1M +198.9K shares	$265.2M 1.7M shares
B BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP RIA/Wealth	+$29.5M +188.5K shares	$33.5M 214.2K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	+$19.2M +122.6K shares	$19.2M 122.6K shares
M MANUFACTURERES LIFE INSURANCE CO Institution	+$15.2M +97.1K shares	$156.5M 1.0M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$14.3M +91.5K shares	$14.8M 94.8K shares
FRANKLIN RESOURCES INC Institution	+$13.6M +87.2K shares	$55.3M 353.8K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$12.5M +80.3K shares	$51.8M 331.5K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	+$12.0M +76.6K shares	$54.6M 349.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
T Turtle Creek Asset Management Inc. Institution	−$67.9M −434.4K shares	$127.5M 816.1K shares
Jarislowsky, Fraser Ltd Long Only Manager	−$65.2M −417.0K shares	$331.0M 2.1M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$48.9M −313.3K shares	$60.2M 385.6K shares
CDAM Ltd Hedge Fund•Value	−$26.9M −172.1K shares	$65.4M 418.4K shares
AMERIPRISE FINANCIAL INC Institution	−$22.6M −144.5K shares	$50.6M 323.8K shares
Beutel, Goodman & Co Ltd. Long Only Manager	−$20.4M −130.8K shares	$270.6M 1.7M shares
CIBC Global Asset Management Inc Long Only Manager	−$12.2M −78.2K shares	$22.1M 141.5K shares
Vulcan Value Partners, LLC Long Only Manager	−$11.1M −71.1K shares	$29.1M 186.1K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$10.6M −68.0K shares	$146.1M 935.1K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$7.9M −50.5K shares	$72.4M 463.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CIGI in Q3 2025

New Positions: 16
New Value: $5.0M
Exited Positions: 11
Exited Value: $13.1M

New Positions

Institution	Position Value
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$1.1M 7.3K shares
B Brummer Multi-Strategy AB Institution	$691.4K 4.4K shares
B Brevan Howard Capital Management LP Institution	$550.5K 3.5K shares
F First Eagle Investment Management, LLC Long Only Manager	$532.4K 3.4K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$518.3K 3.3K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$385.6K 2.5K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$328.2K 2.1K shares
THORNBURG INVESTMENT MANAGEMENT INC Long Only Manager	$260.8K 1.7K shares
Aaron Wealth Advisors LLC RIA/Wealth	$227.0K 1.5K shares
Mariner Wealth Advisors, LLC RIA/Wealth	$209.9K 1.3K shares

Exited Positions

Institution	Previous Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$5.8M 44.1K shares
G Greenland Capital Management LP Hedge Fund•Multi-Strategy	$2.9M 22.1K shares
GLUSKIN SHEFF & ASSOC INC Long Only Manager	$1.0M 8.0K shares
X XTX Topco Ltd Institution	$848.9K 6.5K shares
WHITTIER TRUST CO RIA/Wealth	$703.3K 5.4K shares
SUSQUEHANNA ADVISORS GROUP, INC. Private Equity	$522.2K 4.0K shares
M MQS Management LLC Hedge Fund•Global Macro	$468.9K 3.6K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$445.8K 3.4K shares
WHITTIER TRUST CO OF NEVADA INC RIA/Wealth	$304.8K 2.3K shares
T Tower Research Capital LLC Institution	$96.3K 738.0 shares

Options Activity

Institutions with the largest Call and Put options positions in CIGI as of Q3 2025

Call Positions: 3
Call Value: $10.0M
Put Positions: 3
Put Value: -

Call Positions

Institution	Position Value
W Waratah Capital Advisors Ltd. Hedge Fund•Multi-Strategy	$7.8M 500.0 contracts
P PEAK6 LLC Institution	$1.8M 116.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$328.0K 21.0 contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	- - contracts
UBS Group AG Institution	- - contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Most Committed Institutions

Institutions with CIGI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B Brummer Multi-Strategy AB Institution	-	12.60% $691.4K	0.01% 4.4K shares	Q3 2025 Held for 2 months	$5.5M
CDAM Ltd Hedge Fund•Value	Adam Chamberlain CEO	11.79% $65.4M	0.82% 418.4K shares	Q1 2020 Held for 5y 8m	$554.4M
BloombergSen Inc. Institution	Jack "Nmn" Tabacinic CEO	8.37% $98.6M	1.24% 631.2K shares	Q2 2015 Held for 10y 5m	$1.2B
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	Keith Robert Cozza President	5.26% $203.4M	2.56% 1.3M shares	Q4 2014 Held for 10y 11m	$3.9B
Durable Capital Partners LP Hedge Fund•Long/Short	Henry Martin Ellenbogen CIO	4.28% $577.8M	7.28% 3.7M shares	Q1 2023 Held for 2y 8m	$13.5B
KIRR MARBACH & CO LLC /IN/ Long Only Manager	Mark David Foster Member	4.00% $22.1M	0.28% 141.7K shares	Q2 2015 Held for 10y 5m	$553.9M
T Turtle Creek Asset Management Inc. Institution	-	3.85% $127.5M	1.61% 816.1K shares	Q3 2021 Held for 4y 2m	$3.3B
L LRT Capital Management, LLC Institution	-	2.15% $3.2M	0.04% 20.8K shares	Q4 2021 Held for 3y 11m	$150.9M
Jarislowsky, Fraser Ltd Long Only Manager	Marc Jeffrey Rowan CEO	1.82% $331.0M	4.16% 2.1M shares	Q4 2017 Held for 7y 11m	$18.2B
Beutel, Goodman & Co Ltd. Long Only Manager	Jackie Corneil Managing Partner	1.63% $270.6M	3.41% 1.7M shares	Q4 2017 Held for 7y 11m	$16.6B

Hedge Fund Spotlight

Discover hedge funds investing in CIGI

SPRUCE HOUSE INVESTMENT MANAGEMENT LLC

Hedge Fund • Long/Short

Portfolio ManagerKeith Robert Cozza

Portfolio Value: $3.9B
Positions: 10
Last Reported: Q3 2025

Sector Allocation

Position in Colliers International Group Inc.

Market Value: $203.4M
Shares Held: 1.3M
Portfolio Weight: 5.26%
Owned Since: 2014-Q4

Top Holding	Sector	Market Value	Weight
1 Applovin Corporation APP	Software - Application Technology	$1.5B	38.18%
2 Carvana CVNA	Specialty Retail Consumer Cyclical	$1.4B	35.18%
3 Wayfair W	Specialty Retail Consumer Cyclical	$261.2M	6.75%