GRANITE REAL ESTATE INVESMENT TRUST - REIT Units (GRPU) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2024 to Q4 2025

Type / Class
Equity / REIT Units
Symbol
GRPU
Shares outstanding
60,542,350
Price per share
$59.36
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
33,796,512
Total reported value
$1,820,279,390
% of total 13F portfolios
0%
Share change
-209,689
Value change
-$9,415,825
Number of holders
87
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of GRANITE REAL ESTATE INVESMENT TRUST - REIT Units (GRPU) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BANK OF MONTREAL /CAN/ 7.2% $216,342,202 4,527,882 Bank of Montreal 30 Jun 2025
ROYAL BANK OF CANADA 5.5% $183,372,667 3,323,775 Royal Bank of Canada 30 Sep 2025
CIBC Asset Management Inc 4.9% $174,357,370 3,077,800 CIBC Global Asset Management Inc. 30 Jun 2025
BlackRock, Inc. 5% -9% $166,788,141 -$21,054,873 3,002,276 -11% BlackRock, Inc. 30 Sep 2025

As of 30 Sep 2025, 87 institutional investors reported holding 33,796,512 shares of GRANITE REAL ESTATE INVESMENT TRUST - REIT Units (GRPU). This represents 56% of the company’s total 60,542,350 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of GRANITE REAL ESTATE INVESMENT TRUST - REIT Units (GRPU) together control 51% 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
ROYAL BANK OF CANADA 8% 4,857,714 +7.4% 0.05% $270,769,000
1832 Asset Management L.P. 7.9% 4,809,829 -9.1% 0.45% $268,099,868
BANK OF MONTREAL /CAN/ 6.7% 4,063,711 +2.5% 0.07% $162,722,533
CIBC Asset Management Inc 4.8% 2,910,082 -5.4% 0.47% $162,795,105
VANGUARD GROUP INC 4.7% 2,856,191 -1.3% 0% $158,704,252
Connor, Clark & Lunn Investment Management Ltd. 3.5% 2,137,483 +70% 0.37% $118,743,169
MACKENZIE FINANCIAL CORP 2.8% 1,668,239 -1.5% 0.11% $92,675,950
INTACT INVESTMENT MANAGEMENT INC. 1.9% 1,129,647 +31% 1.9% $62,775,755
AGF MANAGEMENT LTD 1.8% 1,115,980 -18% 0.27% $62,009,581
CIBC WORLD MARKET INC. 1.1% 664,175 -0.56% 0.08% $36,897,021
Man Group plc 0.73% 443,113 +42% 0.05% $24,626,943
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.7% 426,378 -5% 0.01% $23,745,202
TD Asset Management Inc 0.68% 413,433 +96% 0.02% $22,977,414
FIL Ltd 0.68% 411,002 -19% 0.02% $22,837,382
GOLDMAN SACHS GROUP INC 0.62% 378,131 +26% 0% $21,077,022
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.6% 363,873 -46% 0.01% $20,282,281
MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.59% 357,337 +6.4% 0.02% $19,859,658
TD Waterhouse Canada Inc. 0.53% 319,750 -11% 0.12% $17,761,650
Legal & General Group Plc 0.52% 316,916 -11% 0% $17,613,649
Cardinal Capital Management, Inc. 0.5% 304,235 -3.5% 0.49% $16,915,543
GUARDIAN CAPITAL LP 0.45% 271,986 -0.92% 0.49% $15,116,198
MONTRUSCO BOLTON INVESTMENTS INC. 0.42% 251,942 -1.1% 0.16% $14,002,210
APG Asset Management US Inc. 0.41% 250,000 0% 0.1% $14,006,526
Aviso Financial Inc. 0.28% 168,512 +89% 0.38% $9,364,738
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.28% 166,582 +15% 0% $9,258,043

Institutional Holders of GRANITE REAL ESTATE INVESMENT TRUST - REIT Units (GRPU) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 51,474 $3,061,984 +$306,957 $59.36 2
2025 Q3 33,796,512 $1,820,279,390 -$9,415,825 $55.58 87
2025 Q2 34,006,201 $1,729,567,497 -$16,466,781 $50.70 95
2025 Q1 34,357,908 $1,608,045,913 -$15,175,668 $46.61 98
2024 Q4 34,548,119 $1,676,582,880 +$1,675,398,397 $48.51 86
2024 Q3 24,426 $1,417,186 +$1,417,186 $57.75 2