| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 14.2M | $2.20B | +3.3% | 2.801% | 0.05% |
| 5 | FMR LLC | 13.9M | $2.16B | -29.1% | 2.743% | 0.09% |
| 6 | MACKENZIE FINANCIAL CORP | 8.9M | $1.97B | +0.9% | 1.762% | 1.97% |
| 7 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 11.9M | $1.92B | +0.5% | 2.355% | 0.61% |
| 8 | BANK OF MONTREAL /CAN/ | 11.6M | $1.80B | +11.6% | 2.291% | 0.59% |
| 9 | DEUTSCHE BANK AG\ | 8.8M | $1.36B | +0.6% | 1.734% | 0.40% |
| 10 | NORGES BANK | 8.4M | $1.31B | — | 1.667% | 0.13% |
| 11 | FIL Ltd | 7.7M | $1.19B | -39.3% | 1.512% | 0.85% |
| 12 | TD ASSET MANAGEMENT INC | 6.6M | $1.02B | -32.6% | 1.300% | 0.89% |
| 13 | GEODE CAPITAL MANAGEMENT, LLC | 6.0M | $967.7M | +13.1% | 1.185% | 0.05% |
| 14 | Connor, Clark & Lunn Investment Management Ltd. | 6.0M | $927.6M | +4.3% | 1.184% | 1.76% |
| 15 | BANK OF AMERICA CORP /DE/ | 5.4M | $844.1M | +3.7% | 1.075% | 0.05% |
| 16 | First Eagle Investment Management, LLC | 5.2M | $806.0M | -0.0% | 1.026% | 0.67% |
| 17 | CIBC Asset Management Inc | 4.9M | $768.0M | +13.2% | 0.974% | 1.68% |
| 18 | CIBC WORLD MARKET INC. | 4.6M | $709.3M | +8.9% | 0.902% | 1.14% |
| 19 | VANGUARD FIDUCIARY TRUST CO | 4.5M | $701.6M | +2.9% | 0.892% | 0.15% |
| 20 | 1832 Asset Management L.P. | 4.0M | $623.7M | +2.6% | 0.794% | 0.31% |
| 21 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.9M | $608.1M | -4.2% | 0.774% | 0.24% |
| 22 | NATIONAL BANK OF CANADA /FI/ | 3.9M | $606.1M | +7.1% | 0.775% | 0.43% |
| 23 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt | 3.8M | $591.3M | -10.2% | 0.752% | 0.45% |
| 24 | TD Waterhouse Canada Inc. | 3.5M | $546.7M | -4.0% | 0.696% | 1.44% |
| 25 | GOLDMAN SACHS GROUP INC | 3.5M | $537.4M | +6.9% | 0.684% | 0.05% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in AEM — a direct measure of their conviction.
| 62.84% |
| +1.20 pp |
| $31.76B |
| +45% |
| Q4 2024 | 738 | +2.8% | 61.64% | +3.49 pp | $21.95B | +4.4% |
| Q3 2024 | 718 | — | 58.15% | — | $21.02B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
93 institutions opened new positions in AEM during Q2 2026, while 164 fully exited. 119 added to existing positions and 811 trimmed.
AEM institutional ownership fell by 0.33 percentage points quarter-over-quarter, with a net change of -58 holders.
The top 10 institutions account for 42.7% of all reported 13F value in AEM, and the top 25 account for 65.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.