Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CGAU held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | DONALD SMITH & CO., INC. | 15.8M | $280.6M | +11.4% | 7.897% | 5.05% |
| 2 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 8.3M | $147.9M | +0.5% | 4.163% | 0.08% |
| 3 | L1 Capital Pty Ltd | 7.1M | $125.0M | — | 3.531% | 4.91% |
| 4 | GOLDMAN SACHS GROUP INC | 6.8M | $121.3M | -15.5% | 3.413% | 0.01% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 5.8M | $103.2M | — | 2.905% | 0.00% |
| 6 | AMERICAN CENTURY COMPANIES INC | 5.4M | $96.5M | +20.1% | 2.718% | 0.05% |
| 7 | Connor, Clark & Lunn Investment Management Ltd. | 3.4M | $60.2M | +61.7% | 1.698% | 0.14% |
| 8 | Hillsdale Investment Management Inc. | 3.2M | $57.4M | -8.1% | 1.616% | 1.56% |
| 9 | Invesco Ltd. | 3.2M | $56.3M | +6.1% | 1.584% | 0.01% |
| 10 | BANK OF MONTREAL /CAN/ | 3.1M | $55.1M | +8.2% | 1.550% | 0.02% |
| 11 | FMR LLC | 2.7M | $48.3M | — | 1.359% | 0.00% |
| 12 | WESTWOOD HOLDINGS GROUP INC | 2.7M | $48.3M | — | 1.359% | 0.35% |
| 13 | Merewether Investment Management, LP | 2.3M | $40.1M | +0.5% | 1.134% | 0.78% |
| 14 | Waratah Capital Advisors Ltd. | 2.3M | $40.1M | -39.1% | 1.129% | 3.44% |
| 15 | Nuveen, LLC | 2.3M | $40.0M | -16.8% | 1.129% | 0.01% |
| 16 | HEARTLAND ADVISORS INC | 2.2M | $39.4M | +0.7% | 1.110% | 2.01% |
| 17 | VANGUARD FIDUCIARY TRUST CO | 1.8M | $31.3M | — | 0.883% | 0.01% |
| 18 | MORGAN STANLEY | 1.7M | $30.2M | -57.8% | 0.851% | 0.00% |
| 19 | Amundi | 1.6M | $29.3M | -6.0% | 0.824% | 0.01% |
| 20 | TWO SIGMA INVESTMENTS, LP | 1.6M | $27.6M | +81.8% | 0.777% | 0.02% |
| 21 | BANK OF AMERICA CORP /DE/ | 1.4M | $24.3M | -45.1% | 0.683% | 0.00% |
| 22 | HATCH COVE CAPITAL, LLC | 1.3M | $22.2M | -0.2% | 0.626% | 8.49% |
| 23 | CAUSEWAY CAPITAL MANAGEMENT LLC | 1.2M | $22.1M | -0.4% | 0.623% | 0.27% |
| 24 | MACKENZIE FINANCIAL CORP | 1.2M | $20.6M | -8.3% | 0.580% | 0.02% |
| 25 | PICTON MAHONEY ASSET MANAGEMENT | 1.1M | $19.5M | — | 0.551% | 0.19% |
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 CGAU — a direct measure of their conviction.
Filings activity in CGAU during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new CGAU position in Q1 2026
Institutions that fully closed their CGAU position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 197 | +6.5% | 63.80% | +10.48 pp | $2.06B | +20% |
| Q4 2025 | 185 | +13% | 53.32% | +12.11 pp | $1.72B | +29% |
| Q3 2025 | 164 | +6.5% | 41.21% | +14.03 pp | $1.33B | +52% |
| Q2 2025 | 154 | +11% | 27.18% | +4.93 pp | $876M | +22% |
| Q1 2025 | 139 | 2.8% | 22.25% | +4.20 pp | $717M | +23% |
| Q4 2024 | 143 | +5.9% | 18.05% | 5.02 pp | $582M | 22% |
| Q3 2024 | 135 | +4.7% | 23.07% | 2.92 pp | $743M | 11% |
| Q2 2024 | 129 | — | 25.99% | — | $838M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CGAU stock.
Based on Q1 2026 13F filings, institutional ownership of Centerra Gold Inc. stands at 63.8%, held across 197 reporting institutions.
DONALD SMITH & CO., INC. is the largest reported institutional holder of CGAU, with approximately 15,771,236 shares worth $0.28B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of CGAU, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for CGAU is 61 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
47 institutions opened new positions in CGAU during Q1 2026, while 35 fully exited. 107 added to existing positions and 42 trimmed.
CGAU institutional ownership rose by 10.48 percentage points quarter-over-quarter, with a net change of +12 holders.
The top 10 institutions account for 53.6% of all reported 13F value in CGAU, and the top 25 account for 77.2%.
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.
Centerra Gold Inc. (CGAU) Institutional Ownership