Osisko Gold Royalties

OR • NYSE

Osisko Gold Royalties is a gold company in the basic materials sector on NYSE, led by Jason Attew, with a market cap of $6.8B. As of Q3 2025, 75% of shares are held by 205 institutional investors, with EdgePoint Investment Group Inc. as the largest holder at 12.56%.

CEOJason Attew

Market Cap$6.8B

Gold

Basic Materials

Employees25.0

Websiteosiskogr.com

Overview

Overview of institutional ownership in OR as of Q3 2025 with a market cap of $7.5B

All Institutions

Institutions: 205
Value Held: $5.7B
Shares Held: 142.1M
Avg Position: $27.8M
Median Position: $1.6M

Hedge Funds

Hedge Funds: 17
Value Held: $447.7M
Shares Held: 11.2M
Avg Position: $26.3M
Median Position: $7.8M

Ownership Breakdown

Institutional (non-HF)

69.54%

$5.2B

Hedge Funds

5.94%

$447.7M

Retail & Other

24.52%

$1.8B

Based on market cap of $7.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in OR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
EdgePoint Investment Group Inc. Long Only Manager	Clifford Tye Bousada CEO	$947.1M 7.08% of portfolio	12.56% 23.6M shares	Q3 2016 Held for 9y 2m	$13.4B
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$623.7M 0.65% of portfolio	8.27% 15.6M shares	Q3 2016 Held for 9y 2m	$96.6B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$439.0M 0.05% of portfolio	5.82% 11.0M shares	Q1 2024 Held for 1y 8m	$912.31B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$380.7M 0.24% of portfolio	5.05% 9.5M shares	Q3 2024 Held for 1y 2m	$161.58B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$307.8M 0.00% of portfolio	4.08% 7.7M shares	Q3 2016 Held for 9y 2m	$6.69T
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$302.4M 0.49% of portfolio	4.01% 7.5M shares	Q4 2024 Held for 11 months	$61.8B
FMR LLC Institution	-	$270.1M 0.01% of portfolio	3.58% 6.7M shares	Q1 2020 Held for 5y 8m	$1.92T
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	Anthony Ryan CEO	$196.7M 0.12% of portfolio	2.61% 4.9M shares	Q2 2024 Held for 1y 5m	$158.92B
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	Neil David Blundell CIO	$191.1M 0.34% of portfolio	2.53% 4.8M shares	Q3 2016 Held for 9y 2m	$55.5B
MACKENZIE FINANCIAL CORP Long Only Manager	Joseph Luke Gregoire Gould CEO	$154.4M 0.19% of portfolio	2.05% 3.9M shares	Q4 2017 Held for 7y 11m	$82.7B

Net Capital Flow

Institutional buying and selling activity for OR in Q3 2025

Traded: +$371.6M
Buyers: 106
Sellers: 92
Total Bought: +$737.0M
Total Sold: −$365.4M
Avg Position: $25.0M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$304.8M +7.6M shares	$439.0M 11.0M shares
VAN ECK ASSOCIATES CORP ETF Provider	+$106.2M +2.7M shares	$623.7M 15.6M shares
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	+$85.2M +2.1M shares	$302.4M 7.5M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$41.2M +1.0M shares	$41.2M 1.0M shares
Invesco Ltd. ETF Provider	+$28.5M +710.7K shares	$61.9M 1.5M shares
Toroso Investments, LLC ETF Provider	+$19.0M +474.8K shares	$94.1M 2.3M shares
MANNING & NAPIER ADVISORS LLC RIA/Wealth	+$15.0M +374.1K shares	$15.0M 374.1K shares
U U S GLOBAL INVESTORS INC Institution	+$14.3M +356.2K shares	$37.3M 931.1K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$12.4M +310.6K shares	$40.7M 1.0M shares
UBS Group AG Institution	+$10.4M +259.1K shares	$21.8M 543.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$60.3M −1.5M shares	$270.1M 6.7M shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	−$26.6M −664.7K shares	$124.6M 3.1M shares
S SPROTT INC. Institution	−$24.3M −606.8K shares	$114.6M 2.9M shares
GOLDMAN SACHS GROUP INC Institution	−$24.1M −601.9K shares	$49.8M 1.2M shares
Q Qube Research & Technologies Ltd Institution	−$23.9M −595.2K shares	$9.3M 232.3K shares
MACKENZIE FINANCIAL CORP Long Only Manager	−$18.6M −464.2K shares	$154.4M 3.9M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$17.6M −438.7K shares	$7.0M 175.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$14.8M −370.0K shares	$23.3M 580.7K shares
J JANE STREET GROUP, LLC Institution	−$14.3M −355.9K shares	$4.6M 114.6K shares
R ROYAL BANK OF CANADA Institution	−$13.6M −340.5K shares	$110.1M 2.7M shares

Entry and Exit Activity

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

New Positions: 21
New Value: $71.7M
Exited Positions: 23
Exited Value: $36.9M

New Positions

Institution	Position Value
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	$41.2M 1.0M shares
MANNING & NAPIER ADVISORS LLC RIA/Wealth	$15.0M 374.1K shares
PRUDENTIAL FINANCIAL INC Institution	$3.9M 97.4K shares
A ALPS ADVISORS INC ETF Provider	$2.6M 66.1K shares
W Winton Capital Group Ltd Institution	$2.5M 61.3K shares
Precision Wealth Strategies, LLC RIA/Wealth	$1.7M 43.2K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	$1.5M 36.2K shares
VGI PARTNERS PTY Ltd Hedge Fund•Long/Short	$761.5K 19.0K shares
Virtus ETF Advisers LLC Long Only Manager	$309.4K 7.7K shares
K Keebeck Alpha, LP Hedge Fund	$306.5K 7.6K shares

Exited Positions

Institution	Previous Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$9.9M 386.6K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$5.4M 210.6K shares
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	$3.5M 135.5K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$3.3M 127.4K shares
H HRT FINANCIAL LLC Institution	$2.8M 107.0K shares
F Forge First Asset Management Inc. Institution	$2.4M 92.9K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.6M 62.9K shares
S SG Americas Securities, LLC Institution	$1.2M 45.8K shares
AIGEN INVESTMENT MANAGEMENT, LP Hedge Fund•Long/Short	$1.1M 33.7K shares
Q Quadrature Capital Ltd Institution	$982.9K 38.4K shares

Options Activity

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

Call Positions: 14
Call Value: $33.7M
Put Positions: 9
Put Value: $8.6M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$10.1M 2.5K contracts
D D. E. Shaw & Co., Inc. Institution	$5.0M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.0M 1.2K contracts
TORONTO DOMINION BANK Institution	$4.2M 1.1K contracts
R ROYAL BANK OF CANADA Institution	$4.0M 1.0K contracts
Frigate Ventures LP RIA/Wealth	$2.0M 500.0 contracts
P PEAK6 LLC Institution	$1.5M 374.0 contracts
S SIG North Trading, ULC Institution	$885.8K 221.0 contracts
J JANE STREET GROUP, LLC Institution	$412.8K 103.0 contracts
W WOLVERINE TRADING, LLC Institution	$243.7K 62.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.5M 632.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.0M 497.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$1.9M 465.0 contracts
R ROYAL BANK OF CANADA Institution	$1.0M 250.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$769.5K 192.0 contracts
W WOLVERINE TRADING, LLC Institution	$318.3K 81.0 contracts
Walleye Trading LLC RIA/Wealth	$88.2K 22.0 contracts
TORONTO DOMINION BANK Institution	$80.1K 20.0 contracts
S SIG North Trading, ULC Institution	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Lane Generational LLC RIA/Wealth	Frederick Carpenter Lane CEO	8.63% $10.4M	0.14% 259.3K shares	Q1 2022 Held for 3y 8m	$120.4M
EdgePoint Investment Group Inc. Long Only Manager	Clifford Tye Bousada CEO	7.08% $947.1M	12.56% 23.6M shares	Q3 2016 Held for 9y 2m	$13.4B
Euro Pacific Asset Management, LLC Long Only Manager	James Ryan Nelson Managing Partner	6.10% $40.9M	0.54% 1.0M shares	Q4 2019 Held for 5y 11m	$670.2M
S SPROTT INC. Institution	-	4.31% $114.6M	1.52% 2.9M shares	Q3 2016 Held for 9y 2m	$2.7B
U U S GLOBAL INVESTORS INC Institution	Frank Edward Holmes CEO	4.22% $37.3M	0.49% 931.1K shares	Q3 2020 Held for 5y 2m	$883.9M
Parvin Asset Management, LLC RIA/Wealth	James Steven Smith CIO	2.97% $3.4M	0.04% 83.7K shares	Q4 2024 Held for 11 months	$113.0M
LOUISBOURG INVESTMENTS INC. Long Only Manager	Luc Jospeh Gaudet CEO	2.56% $11.7M	0.16% 292.9K shares	Q4 2023 Held for 1y 11m	$458.4M
S Scheer, Rowlett & Associates Investment Management Ltd. Institution	-	2.41% $40.5M	0.54% 1.0M shares	Q2 2024 Held for 1y 5m	$1.7B
A Acuitas Investments, LLC Fund of Funds	Lisa Marie Thenell COO	2.39% $3.7M	0.05% 92.7K shares	Q4 2022 Held for 2y 11m	$155.8M
BARD ASSOCIATES INC RIA/Wealth	Timothy Bard Johnson Founder	1.89% $7.1M	0.09% 177.6K shares	Q1 2018 Held for 7y 8m	$376.6M

Hedge Fund Spotlight

Discover hedge funds investing in OR

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Osisko Gold Royalties

Market Value: $27.6M
Shares Held: 689.4K
Portfolio Weight: 0.04%
Owned Since: 2019-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%