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Institutional Ownership · SEC Form 13F

Who owns MDA


Which tracked institutional funds hold MDA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MDA company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

138
Institutional holders
81M
Shares held (tracked funds)

Conviction spread

MDA’s largest tracked holder by dollar value, Connor, Clark & Lunn Investment Management Ltd., sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in MDA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Only one quarter (2026-Q1) of 13F history is available — a quarter-over-quarter accumulation delta needs two.

We do not publish a positioning read for a window we cannot measure honestly. A starting question, not a verdict.

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
Connor, Clark & Lunn Investment Management Ltd. new9,708,152$246M12.1%2026-Q1
Senvest Management, LLC new4,761,887$121M5.9%2026-Q1
FMR LLC new3,878,100$98M4.8%2026-Q1
GUARDIAN CAPITAL LP new3,557,734$90M4.4%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new3,510,624$89M4.4%2026-Q1
ROYAL BANK OF CANADA new3,441,129$87M4.3%2026-Q1
Federation des caisses Desjardins du Quebec new2,701,809$68M3.3%2026-Q1
MACKENZIE FINANCIAL CORP new2,685,152$68M3.3%2026-Q1
Capital International Investors new2,607,522$66M3.2%2026-Q1
GILDER GAGNON HOWE & CO LLC new1,932,161$49M2.4%2026-Q1
Beutel, Goodman & Co Ltd. new1,930,691$49M2.4%2026-Q1
BANK OF MONTREAL /CAN/ new1,863,016$47M2.3%2026-Q1
TD Asset Management Inc new1,854,508$47M2.3%2026-Q1
VAN ECK ASSOCIATES CORP new1,815,690$46M2.3%2026-Q1
BANK OF AMERICA CORP /DE/ new1,675,053$42M2.1%2026-Q1
Capital World Investors new1,638,297$42M2.0%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC new1,391,292$35M1.7%2026-Q1
AMERICAN CENTURY COMPANIES INC new1,310,663$33M1.6%2026-Q1
Artisan Partners Limited Partnership new1,293,000$33M1.6%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP new1,118,547$28M1.4%2026-Q1
VANGUARD FIDUCIARY TRUST CO new1,071,837$27M1.3%2026-Q1
Pembroke Management, LTD new974,090$25M1.2%2026-Q1
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC new963,494$24M1.2%2026-Q1
Nuveen, LLC new953,398$24M1.2%2026-Q1
CITADEL ADVISORS LLC new863,824$22M1.1%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp new851,467$22M1.1%2026-Q1
COOPER CREEK PARTNERS MANAGEMENT LLC new816,838$21M1.0%2026-Q1
GOLDMAN SACHS GROUP INC new794,059$20M1.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ new750,815$19M0.9%2026-Q1
MORGAN STANLEY new724,923$18M0.9%2026-Q1
TD Waterhouse Canada Inc. new708,895$18M0.9%2026-Q1
Caisse de depot et placement du Quebec new691,000$17M0.9%2026-Q1
Point72 Asset Management, L.P. new659,723$17M0.8%2026-Q1
NATIONAL BANK OF CANADA /FI/ new644,509$16M0.8%2026-Q1
NewGen Asset Management Ltd new625,000$16M0.8%2026-Q1
WCM INVESTMENT MANAGEMENT, LLC new661,720$16M0.8%2026-Q1
Holocene Advisors, LP new593,223$15M0.7%2026-Q1
UBS Group AG new543,682$14M0.7%2026-Q1
NEUBERGER BERMAN GROUP LLC new502,610$13M0.6%2026-Q1
1832 Asset Management L.P. new489,599$12M0.6%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND new486,600$12M0.6%2026-Q1
T. Rowe Price Investment Management, Inc. new457,838$12M0.6%2026-Q1
FIL Ltd new450,000$11M0.6%2026-Q1
Ghisallo Capital Management LLC new450,000$11M0.6%2026-Q1
PenderFund Capital Management Ltd. new436,232$11M0.5%2026-Q1
Vanguard Global Advisers, LLC new383,494$10M0.5%2026-Q1
Alyeska Investment Group, L.P. new375,000$9M0.5%2026-Q1
MONTRUSCO BOLTON INVESTMENTS INC. new333,096$8M0.4%2026-Q1
Covea Finance new319,000$8M0.4%2026-Q1
SCOTIA CAPITAL INC. new290,724$7M0.4%2026-Q1
Bridgewater Associates, LP new279,580$7M0.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC new255,275$6M0.3%2026-Q1
SEVEN GRAND MANAGERS, LLC new250,000$6M0.3%2026-Q1
Swiss National Bank new250,173$6M0.3%2026-Q1
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC new241,800$6M0.3%2026-Q1
Man Group plc new238,024$6M0.3%2026-Q1
Congruence Capital, LLC new236,275$6M0.3%2026-Q1
CITIGROUP INC new233,176$6M0.3%2026-Q1
Alberta Investment Management Corp new225,905$6M0.3%2026-Q1
Van Berkom & Associates Inc. new223,532$6M0.3%2026-Q1
SOROS FUND MANAGEMENT LLC new200,000$5M0.2%2026-Q1
Cumberland Partners Ltd new185,700$5M0.2%2026-Q1
Erste Asset Management GmbH new185,000$5M0.2%2026-Q1
K.J. Harrison & Partners Inc new178,800$5M0.2%2026-Q1
CIBC WORLD MARKET INC. new174,928$4M0.2%2026-Q1
Allianz Asset Management GmbH new170,480$4M0.2%2026-Q1
D. E. Shaw & Co., Inc. new156,017$4M0.2%2026-Q1
Triasima Portfolio Management inc. new155,065$4M0.2%2026-Q1
Investment Management Corp of Ontario new152,085$4M0.2%2026-Q1
Anson Funds Management LP new151,848$4M0.2%2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXAS new150,000$4M0.2%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. new144,656$4M0.2%2026-Q1
Montanaro Asset Management Ltd new134,100$3M0.2%2026-Q1
TORONTO DOMINION BANK new133,809$3M0.2%2026-Q1
CIBC Asset Management Inc new129,882$3M0.2%2026-Q1
JANE STREET GROUP, LLC new121,937$3M0.2%2026-Q1
Legal & General Group Plc new121,004$3M0.2%2026-Q1
MILLENNIUM MANAGEMENT LLC new118,989$3M0.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE new113,694$3M0.1%2026-Q1
State of Tennessee, Department of Treasury new109,132$3M0.1%2026-Q1
Guardian Partners Inc. new106,123$3M0.1%2026-Q1
Invesco Ltd. new101,754$3M0.1%2026-Q1
Vestcor Inc new100,000$3M0.1%2026-Q1
Russell Investments Group, Ltd. new97,260$2M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new95,744$2M0.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC new90,737$2M0.1%2026-Q1
SIG North Trading, ULC new86,769$2M0.1%2026-Q1
Hood River Capital Management LLC new84,687$2M0.1%2026-Q1
Polar Asset Management Partners Inc. new76,486$2M0.1%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH new73,780$2M0.1%2026-Q1
ELEMENT CAPITAL MANAGEMENT LLC new72,276$2M0.1%2026-Q1
Qube Research & Technologies Ltd new69,364$2M0.1%2026-Q1
Bastion Asset Management Inc. new68,527$2M0.1%2026-Q1
BARCLAYS PLC new59,885$2M0.1%2026-Q1
Themes Management Co LLC new54,335$1M0.1%2026-Q1
Aviso Financial Inc. new52,122$1M0.1%2026-Q1
Amundi new49,756$1M0.1%2026-Q1
Brevan Howard Capital Management LP new48,028$1M0.1%2026-Q1
Police & Firemen's Retirement System of New Jersey new47,221$1M0.1%2026-Q1
Woodline Partners LP new46,093$1M0.1%2026-Q1

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership