| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| FCMI Parent Co. | 16% | $199,549,152 | 16,184,035 | Albert Friedberg | 03 Mar 2025 | |||
| Kopernik Global Investors, LLC | 11% | $131,201,422 | 10,640,829 | Kopernik Global Investors, LLC | 28 Feb 2025 | |||
| VAN ECK ASSOCIATES CORP | 7% | -16% | $226,664,974 | -$31,983,089 | 7,264,903 | -12% | VAN ECK ASSOCIATES CORP | 31 Dec 2025 |
As of 31 Dec 2025, 185 institutional investors reported holding 42,726,342 shares of SEABRIDGE GOLD INC - Common Shares (SA). This represents 41% of the company’s total 104,530,978 outstanding shares.
The largest institutional shareholders of SEABRIDGE GOLD INC - Common Shares (SA) together control 35% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP | 6.8% | 7,153,563 | -13% | 0.17% | $211,677,000 |
| Kopernik Global Investors, LLC | 6.7% | 6,979,611 | +0.47% | 17% | $206,526,690 |
| Tidal Investments LLC | 4% | 4,146,489 | +35% | 0.52% | $122,694,610 |
| VANGUARD GROUP INC | 2.3% | 2,371,496 | +83% | 0% | $70,305,370 |
| CIBC WORLD MARKET INC. | 2.1% | 2,182,535 | +2.4% | 0.12% | $64,712,163 |
| ONTARIO TEACHERS PENSION PLAN BOARD | 1.6% | 1,664,634 | +12% | 1.1% | $49,349,998 |
| JANE STREET GROUP, LLC | 1.1% | 1,150,464 | +48% | 0.04% | $34,042,229 |
| TORONTO DOMINION BANK | 0.98% | 1,024,001 | +2.2% | 0.05% | $30,357,686 |
| CITADEL ADVISORS LLC | 0.94% | 978,868 | +60% | 0.02% | $28,964,704 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.82% | 858,826 | -29% | 0.03% | $25,412,662 |
| VAN DEN BERG MANAGEMENT I, INC | 0.68% | 707,390 | -4.8% | 4.8% | $20,931,669 |
| MORGAN STANLEY | 0.62% | 650,841 | +39% | 0% | $19,258,386 |
| D. E. Shaw & Co., Inc. | 0.55% | 577,928 | -29% | 0.01% | $17,103,100 |
| BANK OF MONTREAL /CAN/ | 0.54% | 565,531 | -0.34% | 0.01% | $16,765,819 |
| ALPS ADVISORS INC | 0.53% | 549,225 | +0.61% | 0.09% | $16,251,568 |
| TD Asset Management Inc | 0.52% | 539,446 | +109% | 0.01% | $16,013,174 |
| Amundi | 0.49% | 509,292 | -31% | 0% | $15,069,950 |
| DIMENSIONAL FUND ADVISORS LP | 0.46% | 484,494 | -11% | 0% | $14,339,608 |
| DEUTSCHE BANK AG\ | 0.46% | 482,410 | +6.8% | 0% | $14,274,511 |
| Russell Investments Group, Ltd. | 0.44% | 457,828 | -34% | 0.01% | $13,570,300 |
| MILLENNIUM MANAGEMENT LLC | 0.43% | 448,617 | +37% | 0.01% | $13,276,405 |
| FMR LLC | 0.42% | 433,900 | -26% | 0% | $12,839,100 |
| BANK OF AMERICA CORP /DE/ | 0.41% | 429,506 | -16% | 0% | $12,709,082 |
| Crawford Fund Management, LLC | 0.39% | 405,743 | -2.6% | 3.8% | $12,005,936 |
| BlackRock, Inc. | 0.36% | 377,710 | +6% | 0% | $11,176,439 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 42,726,342 | $1,266,467,849 | +$28,427,600 | $29.59 | 185 |
| 2025 Q3 | 43,273,566 | $1,045,149,894 | +$153,095,692 | $24.15 | 159 |
| 2025 Q2 | 38,194,938 | $555,087,762 | +$45,456,165 | $14.52 | 171 |
| 2025 Q1 | 35,142,973 | $409,621,214 | +$32,605,919 | $11.67 | 161 |
| 2024 Q4 | 32,461,825 | $370,651,496 | +$363,944 | $11.41 | 173 |
| 2024 Q3 | 32,078,735 | $547,944,055 | +$5,276,685 | $16.79 | 161 |
| 2024 Q2 | 31,855,606 | $434,942,080 | +$22,841,928 | $13.69 | 153 |
| 2024 Q1 | 30,111,523 | $455,931,959 | +$7,925,443 | $15.12 | 153 |
| 2023 Q4 | 30,202,125 | $364,487,479 | +$14,109,047 | $12.13 | 143 |
| 2023 Q3 | 28,873,388 | $303,406,845 | +$2,323,097 | $10.55 | 136 |
| 2023 Q2 | 28,646,044 | $346,909,500 | -$3,595,139 | $12.05 | 138 |
| 2023 Q1 | 28,892,918 | $374,319,518 | +$3,893,079 | $12.95 | 129 |
| 2022 Q4 | 28,490,652 | $359,537,894 | +$61,207,353 | $12.58 | 129 |
| 2022 Q3 | 23,497,127 | $279,765,818 | +$6,962,165 | $11.87 | 122 |
| 2022 Q2 | 22,888,971 | $285,220,340 | -$16,245,345 | $12.43 | 134 |
| 2022 Q1 | 23,862,900 | $441,679,507 | -$13,990,547 | $18.50 | 131 |
| 2021 Q4 | 24,695,238 | $407,489,679 | +$12,910,493 | $16.49 | 122 |
| 2021 Q3 | 23,733,106 | $366,603,262 | -$2,392,187 | $15.45 | 115 |
| 2021 Q2 | 23,871,009 | $418,616,095 | +$41,042,865 | $17.55 | 117 |
| 2021 Q1 | 21,530,864 | $348,326,781 | -$19,547,275 | $16.17 | 113 |
| 2020 Q4 | 22,482,748 | $473,249,994 | +$120,783,357 | $21.07 | 120 |
| 2020 Q3 | 16,789,054 | $315,213,345 | +$22,289,553 | $18.78 | 117 |
| 2020 Q2 | 16,263,420 | $286,881,130 | +$31,136,216 | $17.54 | 103 |
| 2020 Q1 | 13,940,489 | $130,124,935 | -$8,010,382 | $9.35 | 94 |
| 2019 Q4 | 15,244,736 | $211,729,995 | -$16,757,432 | $13.82 | 120 |
| 2019 Q3 | 16,404,587 | $208,627,184 | +$16,717,799 | $12.66 | 106 |
| 2019 Q2 | 15,032,572 | $204,484,965 | +$9,340,489 | $13.53 | 98 |
| 2019 Q1 | 14,364,132 | $179,183,080 | -$2,132,940 | $12.39 | 102 |
| 2018 Q4 | 14,539,916 | $193,443,945 | -$13,564,301 | $13.23 | 103 |
| 2018 Q3 | 15,576,594 | $201,502,873 | -$1,551,120 | $12.95 | 82 |
| 2018 Q2 | 15,767,594 | $175,837,903 | +$1,336,515 | $11.15 | 86 |
| 2018 Q1 | 15,675,736 | $169,461,688 | +$5,007,030 | $10.80 | 88 |
| 2017 Q4 | 15,203,601 | $172,000,621 | -$8,334,705 | $11.30 | 85 |
| 2017 Q3 | 15,845,011 | $193,399,641 | +$15,507,251 | $12.20 | 85 |
| 2017 Q2 | 14,679,162 | $158,460,760 | -$3,835,565 | $10.80 | 82 |
| 2017 Q1 | 15,032,912 | $165,395,131 | +$10,940,034 | $11.00 | 83 |
| 2016 Q4 | 14,115,930 | $115,911,779 | -$18,179,303 | $8.15 | 77 |
| 2016 Q3 | 15,973,057 | $176,083,780 | +$27,078,251 | $11.03 | 78 |
| 2016 Q2 | 13,106,354 | $192,402,107 | +$29,023,661 | $14.68 | 83 |
| 2016 Q1 | 11,318,066 | $124,027,000 | +$13,732,013 | $10.96 | 72 |
| 2015 Q4 | 10,088,207 | $83,610,000 | +$744,638 | $8.29 | 65 |
| 2015 Q3 | 9,741,665 | $56,527,642 | -$9,739,734 | $5.80 | 65 |
| 2015 Q2 | 11,520,094 | $70,442,516 | -$8,375,731 | $6.11 | 68 |
| 2015 Q1 | 12,904,006 | $70,888,709 | -$3,770,400 | $5.49 | 70 |
| 2014 Q4 | 13,358,748 | $100,924,718 | -$21,365,484 | $7.55 | 73 |
| 2014 Q3 | 16,421,878 | $132,078,406 | +$10,405,785 | $8.04 | 63 |
| 2014 Q2 | 15,004,804 | $140,758,884 | -$2,315,283 | $9.38 | 64 |
| 2014 Q1 | 15,607,267 | $110,559,744 | -$2,852,654 | $7.08 | 65 |