Ranked by reported Q2 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 | L1 Capital Pty Ltd | 16.3M | $259.0M | +131.7% | 8.352% | 8.70% |
| 2 | DONALD SMITH & CO., INC. | 15.4M | $245.0M | -2.1% | 7.897% | 4.34% |
| 3 | VAN ECK ASSOCIATES CORP | 13.3M | $211.6M | -17.0% | 6.818% | 0.13% |
| 4 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 7.4M | $118.0M | -10.4% | 3.807% | 0.05% |
| 5 | AMERICAN CENTURY COMPANIES INC | 6.5M | $103.4M | +20.1% | 3.333% | 0.05% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 5.8M | $92.6M | +0.7% | 2.986% | 0.00% |
| 7 | GOLDMAN SACHS GROUP INC | 4.2M | $66.6M | -38.4% | 2.147% | 0.01% |
| 8 | FMR LLC | 3.8M | $60.8M | +41.2% | 1.960% | 0.00% |
| 9 | WESTWOOD HOLDINGS GROUP INC | 3.5M | $55.1M | +28.1% | 1.777% | 0.42% |
| 10 | Invesco Ltd. | 3.1M | $49.1M | -2.1% | 1.582% | 0.00% |
| 11 | BANK OF MONTREAL /CAN/ | 2.7M | $42.8M | -12.8% | 1.380% | 0.01% |
| 12 | NORGES BANK | 2.7M | $42.0M | — | 1.355% | 0.00% |
| 13 | Nuveen, LLC | 2.6M | $41.0M | +14.8% | 1.323% | 0.01% |
| 14 | Hillsdale Investment Management Inc. | 2.6M | $40.5M | -20.9% | 1.306% | 0.92% |
| 15 | Connor, Clark & Lunn Investment Management Ltd. | 2.3M | $37.1M | -30.9% | 1.199% | 0.07% |
| 16 | HEARTLAND ADVISORS INC | 2.1M | $34.1M | -3.0% | 1.099% | 1.52% |
| 17 | NEUMEIER POMA INVESTMENT COUNSEL LLC | 2.1M | $32.5M | +654.4% | 1.048% | 2.23% |
| 18 | MORGAN STANLEY | 1.9M | $29.7M | +10.3% | 0.958% | 0.00% |
| 19 | Merewether Investment Management, LP | 1.9M | $29.7M | -17.3% | 0.958% | 0.56% |
| 20 | BANK OF AMERICA CORP /DE/ | 1.8M | $28.0M | +29.6% | 0.904% | 0.00% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 1.8M | $28.0M | +0.0% | 0.901% | 0.01% |
| 22 | TORONTO DOMINION BANK | 1.6M | $24.9M | +319.5% | 0.805% | 0.03% |
| 23 | CAUSEWAY CAPITAL MANAGEMENT LLC | 1.3M | $20.4M | +3.2% | 0.657% | 0.22% |
| 24 | PICTON MAHONEY ASSET MANAGEMENT | 1.2M | $19.7M | +13.1% | 0.636% | 0.15% |
| 25 | Allianz Asset Management GmbH | 1.2M | $18.5M | +87.5% | 0.597% | 0.01% |
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 Q2 2026, grouped by how each filer changed its position.
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 |
|---|---|---|---|---|---|---|
| Q2 2026 | 219 | +7.4% | 74.63% | +2.06 pp | $2.19B | +4.7% |
| Q1 2026 | 204 | +9.7% | 72.57% | +3.32 pp | $2.09B | +22% |
| Q4 2025 | 186 | +12% | 69.25% | 2.02 pp | $1.72B | +29% |
| Q3 2025 | 166 | +7.8% | 71.27% | 3.29 pp | $1.34B | +52% |
| Q2 2025 | 154 | +11% | 74.56% | +4.94 pp | $876M | +22% |
| Q1 2025 | 139 | 2.8% | 69.62% | +3.34 pp | $717M | +23% |
| Q4 2024 | 143 | +5.9% | 66.28% | 1.26 pp | $582M | 22% |
| Q3 2024 | 135 | — | 67.54% | — | $743M | — |
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 Q2 2026 13F filings, institutional ownership of Centerra Gold Inc. stands at 74.6%, held across 219 reporting institutions.
L1 Capital Pty Ltd is the largest reported institutional holder of CGAU, with approximately 16,337,154 shares worth $0.26B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of CGAU.
Our composite Smart Money Score for CGAU is 51 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
33 institutions opened new positions in CGAU during Q2 2026, while 19 fully exited. 45 added to existing positions and 136 trimmed.
CGAU institutional ownership rose by 2.06 percentage points quarter-over-quarter, with a net change of +15 holders.
The top 10 institutions account for 57.5% of all reported 13F value in CGAU, and the top 25 account for 78.9%.
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