MAG Silver Corp. - Common Shares, without par value (MAG) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q3 2025

Type / Class: Equity / Common Shares, without par value
Symbol: MAG
Shares outstanding: 103,254,478
Price per share: $24.52
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares: 133,467
Total reported value: $3,230,889
% of total 13F portfolios: 0%
Share change: -65,323,405
Value change: -$1,408,081,085
Number of holders: 5

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of MAG Silver Corp. - Common Shares, without par value (MAG) based on Schedule 13D/G filings

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
First Eagle Investment Management, LLC	7.6%		$109,208,316		7,839,793		First Eagle Investment Management, LLC	31 Dec 2024
VAN ECK ASSOCIATES CORP	7.3%		$180,577,276		7,533,470		VAN ECK ASSOCIATES CORP	30 Jun 2025
BlackRock Portfolio Management LLC	6.6%	-19%	$122,429,250	-$28,968,264	6,801,625	-19%	BlackRock Portfolio Management LLC	30 Jun 2025
BlackRock, Inc.	2.7%	-80%	$38,183,244	-$138,809,650	2,741,080	-78%	BlackRock, Inc.	31 Jan 2025
Fresnillo PLC	2.3%		$56,925,226		2,374,853		Industrias Penoles, S.A.B. de C.V.	12 May 2025

As of 30 Sep 2025, 5 institutional investors reported holding 133,467 shares of MAG Silver Corp. - Common Shares, without par value (MAG). This represents 0.13% of the company’s total 103,254,478 outstanding shares.

Institutional Holders of MAG Silver Corp. - Common Shares, without par value (MAG) across Reporting Periods

Period	Reported Shares, Excl. Options	Value, Excl. Options	Value Change	Puts Notional Value	Calls Notional Value	Price (Median)	Investors
2025 Q3	133,467	$3,230,889	-$1,408,081,085	$0	$0	$24.52	5
2025 Q2	65,438,193	$1,385,754,868	+$412,984,112	$9,380,063	$19,938,151	$21.13	173
2025 Q1	46,521,965	$709,599,939	+$273,759	$7,848,278	$26,610,962	$15.28	156
2024 Q4	46,504,372	$632,760,831	+$36,998,881	$6,161,693	$20,633,227	$13.60	134
2024 Q3	43,690,482	$653,766,637	+$586,453	$6,857,266	$14,492,183	$14.04	133
2024 Q2	44,183,791	$516,179,450	-$19,439,027	$6,407,647	$11,296,101	$11.67	140
2024 Q1	43,308,831	$461,720,563	+$45,627,285	$3,093,692	$12,455,076	$10.58	140
2023 Q4	70,107	$729,748	+$460,007			$10.41	2
2023 Q3	39,668,488	$414,616,512	-$46,201,374	$6,451,460	$8,999,311	$10.37	118
2023 Q2	43,934,222	$489,719,901	+$80,321,810	$6,775,200	$5,320,068	$11.14	118
2023 Q1	36,764,160	$465,129,194	-$52,278,039	$7,387,009	$10,625,745	$12.67	128
2022 Q4	40,197,924	$627,859,501	-$11,581,844	$4,954,756	$12,622,536	$15.63	116
2022 Q3	40,979,308	$512,234,368	-$26,275,093	$6,075,000	$18,116,960	$12.48	119
2022 Q2	43,080,524	$526,112,646	+$13,319,861	$5,850,860	$9,795,622	$12.17	119
2022 Q1	41,877,657	$677,555,346	-$7,880,799	$9,960,000	$11,659,000	$16.17	126
2021 Q4	42,415,219	$663,749,420	+$6,854,789	$30,060,000	$24,384,000	$15.67	127
2021 Q3	41,866,612	$677,671,136	-$25,452,465	$17,611,000	$13,655,000	$16.20	119
2021 Q2	43,495,540	$908,262,521	+$104,161,678	$18,383,000	$14,127,000	$20.92	120
2021 Q1	38,646,113	$580,825,746	-$12,394,409	$16,237,000	$12,985,000	$15.01	123
2020 Q4	38,155,824	$782,138,760	-$15,952,713	$17,122,000	$28,241,000	$20.52	112
2020 Q3	39,475,644	$639,737,071	+$62,768,418	$12,234,000	$26,255,000	$16.26	102
2020 Q2	36,587,980	$516,178,488	-$17,386,191	$5,435,000	$11,510,000	$14.10	97
2020 Q1	38,950,753	$300,807,020	-$24,856,905	$3,076,000	$4,221,000	$7.68	85
2019 Q4	40,611,589	$478,202,930	+$28,989,145	$2,899,000	$4,069,000	$11.84	87
2019 Q3	39,165,995	$418,222,078	-$691,569	$2,142,000	$5,769,000	$10.61	86
2019 Q2	39,256,097	$415,864,761	-$23,131,246	$1,546,000	$5,023,000	$10.54	72
2019 Q1	40,003,281	$428,879,890	+$1,951,537	$1,369,000	$6,814,000	$10.66	74
2018 Q4	37,883,518	$277,613,459	-$16,917,362	$919,000	$5,817,000	$7.30	79
2018 Q3	40,463,016	$327,397,740	+$22,695,821	$2,147,000	$4,808,000	$8.10	80
2018 Q2	38,616,635	$416,961,150	+$9,109,266	$1,616,000	$8,989,000	$10.81	86
2018 Q1	39,021,470	$381,277,106	+$658,759	$1,931,000	$9,772,000	$9.76	82
2017 Q4	40,001,262	$493,860,497	+$56,450,810	$1,454,000	$9,029,000	$12.36	85
2017 Q3	33,770,611	$378,362,878	-$18,610,824	$2,439,000	$8,945,000	$11.22	85
2017 Q2	34,450,813	$449,200,952	-$10,264,846	$3,137,000	$10,366,000	$13.04	88
2017 Q1	35,251,228	$461,938,884	+$646,352	$1,955,000	$3,306,000	$13.12	81
2016 Q4	35,758,648	$394,095,000	-$23,740,380	$1,337,000	$39,000	$11.02	76
2016 Q3	37,393,991	$560,773,000	+$22,063,558	$1,046,000	$157,000	$15.07	69
2016 Q2	35,411,623	$446,038,000	+$18,392,326	$1,101,000	$1,830,000	$12.61	69
2016 Q1	33,516,703	$316,330,000	+$56,159,281	$946,000	$1,702,000	$9.44	63
2015 Q4	28,561,666	$201,612,000	-$5,810,572	$626,000	$4,061,000	$7.06	65
2015 Q3	29,491,366	$210,118,000	+$1,172,754	$908,000	$661,000	$7.12	54
2015 Q2	29,287,364	$229,480,068	-$6,502,639	$1,116,000	$459,000	$7.84	58
2015 Q1	29,752,859	$183,608,760	-$22,082	$580,000	$107,000	$6.18	57
2014 Q4	29,930,261	$244,761,308	-$22,403,933	$775,000		$8.19	66
2014 Q3	32,988,980	$245,438,271	+$10,436,663	$407,000	$19,000	$7.44	64
2014 Q2	31,341,015	$296,567,307	+$122,846,219	$733,000	$549,000	$9.46	67
2014 Q1	18,374,603	$127,364,000	-$15,838,045	$828,000	$310,000	$6.93	51