CAE INC

Ticker: CAE CUSIP: 124765108 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (33)

Global Alpha Capital Management Ltd.
Value ($000) $21,923 Shares 720,900
PICTON MAHONEY ASSET MANAGEMENT
Value ($000) $29,165 Shares 957,687
Waratah Capital Advisors Ltd.
Value ($000) $9,514 Shares 312,748
K.J. Harrison & Partners Inc
Value ($000) $1,222 Shares 40,131
Avanza Fonder AB
Value ($000) $5,406 Shares 129,526
AYAL Capital Advisors Ltd
Value ($000) $411 Shares 13,500
ASAHI LIFE ASSET MANAGEMENT CO., LTD.
Value ($000) $225 Shares 7,390
STATE OF WISCONSIN INVESTMENT BOARD
Value ($000) $15,855 Shares 520,684
Abacus Wealth Partners, LLC
Value ($000) $375 Shares 12,330
Callan Family Office, LLC
Value ($000) $1,190 Shares 39,115
Brooklyn Investment Group
Value ($000) $514 Shares 16,477
SIG North Trading, ULC
Value ($000) $1,202 Shares 39,498
Laird Norton Wetherby Trust Company, LLC
Value ($000) $489 Shares 16,076
SYON CAPITAL LLC
Value ($000) $246 Shares 8,102
Engineers Gate Manager LP
Value ($000) $429 Shares 14,136
OMERS ADMINISTRATION Corp
Value ($000) $431 Shares 14,160
XPONANCE, INC.
Value ($000) $377 Shares 12,370
OPPENHEIMER & CO INC
Value ($000) $228 Shares 7,500
SITTNER & NELSON, LLC
Value ($000) $16 Shares 500
Pacifica Partners Inc.
Value ($000) $13 Shares 439

Increased Positions (72)

PCJ Investment Counsel Ltd.
Value ($000) $23,131 (+46.4%) Shares 760,585 (+42.5%)
BRANDES INVESTMENT PARTNERS, LP
Value ($000) $461,107 (+3.8%) Shares 15,157,988 (+1.1%)
1832 Asset Management L.P.
Value ($000) $675,384 (+1381.8%) Shares 22,201,969 (+1343.8%)
Select Equity Group, L.P.
Value ($000) $231,018 (+12.5%) Shares 7,586,679 (+9.5%)
BANK OF NOVA SCOTIA TRUST CO
Value ($000) $3,577 (+214.4%) Shares 117,602 (+206.3%)
Fiera Capital Corp
Value ($000) $29,610 (+5172.9%) Shares 974,295 (+5035.7%)
Federation des caisses Desjardins du Quebec
Value ($000) $54,819 (+65.4%) Shares 1,804,400 (+58.4%)
INTACT INVESTMENT MANAGEMENT INC.
Value ($000) $36,563 (+5.4%) Shares 1,202,355 (+2.7%)
Stanley-Laman Group, Ltd.
Value ($000) $5,920 (+8.4%) Shares 194,624 (+5.6%)
CIBC Asset Management Inc
Value ($000) $34,376 (+260.8%) Shares 1,107,936 (+243.9%)
FIL Ltd
Value ($000) $316,955 (+25.2%) Shares 10,422,522 (+21.9%)
Northwest & Ethical Investments L.P.
Value ($000) $7,549 (+51.6%) Shares 248,024 (+47.5%)
Pembroke Management, LTD
Value ($000) $1,882 (+46.8%) Shares 61,864 (+43.0%)
Public Sector Pension Investment Board
Value ($000) $12,203 (+1111.9%) Shares 401,667 (+1081.4%)
TD Asset Management Inc
Value ($000) $82,364 (+87.6%) Shares 2,704,860 (+82.5%)
Hillsdale Investment Management Inc.
Value ($000) $3,174 (+54.0%) Shares 104,185 (+49.6%)
Cresset Asset Management, LLC
Value ($000) $21,837 (+20.9%) Shares 717,855 (+17.8%)
TD Waterhouse Canada Inc.
Value ($000) $5,849 (+69.2%) Shares 192,636 (+61.2%)
TORONTO DOMINION BANK
Value ($000) $26,331 (+34.9%) Shares 865,811 (+31.2%)
Investment Management Corp of Ontario
Value ($000) $1,199 (+238.9%) Shares 39,419 (+230.3%)

Decreased Positions (85)

RIT CAPITAL PARTNERS PLC
Value ($000) $924 (-95.8%) Shares 30,409 (-96.0%)
Sycale Advisors (NY) LLC
Value ($000) $37,726 (-18.2%) Shares 1,240,182 (-20.3%)
BROWNING WEST LP
Value ($000) $383,907 (-5.7%) Shares 12,620,233 (-8.1%)
Triasima Portfolio Management inc.
Value ($000) $688 (-88.2%) Shares 22,600 (-88.6%)
Heathbridge Capital Management Ltd.
Value ($000) $11,499 (+1.3%) Shares 377,600 (-1.5%)
Henry James International Management Inc.
Value ($000) $5,543 (-6.3%) Shares 182,218 (-8.7%)
Beutel, Goodman & Co Ltd.
Value ($000) $203 (-4.6%) Shares 6,679,818 (-7.2%)
Addenda Capital Inc.
Value ($000) $15,141 (-7.6%) Shares 362,752 (-8.8%)
MUFG SECURITIES (CANADA), LTD.
Value ($000) $14,892 (-5.2%) Shares 489,597 (-7.7%)
INTECH INVESTMENT MANAGEMENT LLC
Value ($000) $354 (-92.8%) Shares 11,636 (-93.0%)
Anson Funds Management LP
Value ($000) $4,406 (-4.0%) Shares 145,000 (-6.5%)
Plato Investment Management Ltd
Value ($000) $552 (-50.5%) Shares 18,052 (-52.4%)
CIBC WORLD MARKET INC.
Value ($000) $46,417 (-19.0%) Shares 1,526,360 (-21.2%)
Westerkirk Capital Inc.
Value ($000) $27 (-93.1%) Shares 900 (-93.3%)
BANK OF NOVA SCOTIA
Value ($000) $60,997 (-9.8%) Shares 2,005,841 (-12.1%)
NATIONAL BANK OF CANADA /FI/
Value ($000) $112,528 (-7.4%) Shares 3,706,305 (-10.4%)
STEPH & CO
Value ($000) $46 (-71.0%) Shares 1,511 (-71.8%)
JUPITER ASSET MANAGEMENT LTD
Value ($000) $5,380 (-28.7%) Shares 176,669 (-30.6%)
TWO SIGMA ADVISERS, LP
Value ($000) $1,051 (-85.7%) Shares 34,556 (-86.1%)
Artisan Partners Limited Partnership
Value ($000) $81,935 (-4.5%) Shares 2,694,232 (-7.1%)

Exited Positions (33)

SCOPIA CAPITAL MANAGEMENT LP
Value ($000) $5,728 Shares 198,077
J. Goldman & Co LP
Value ($000) $12,180 Shares 410,931
Militia Capital Partners, LP
Value ($000) $288 Shares 9,700
Numerai GP LLC
Value ($000) $742 Shares 25,031
Connor, Clark & Lunn Investment Management Ltd.
Value ($000) $12,129 Shares 409,700
INTRUST BANK NA
Value ($000) $623 Shares 21,023
Generali Asset Management SPA SGR
Value ($000) $1,388 Shares 33,690
Quantbot Technologies LP
Value ($000) $743 Shares 25,076
OSSIAM
Value ($000) $1,161 Shares 39,185
Caption Management, LLC
Value ($000) $1,927 Shares 65,000
Atom Investors LP
Value ($000) $232 Shares 7,827
MARSHALL WACE, LLP
Value ($000) $7,765 Shares 261,968
HSBC HOLDINGS PLC
Value ($000) $7,793 Shares 263,259
Holocene Advisors, LP
Value ($000) $2,184 Shares 73,670
VOLORIDGE INVESTMENT MANAGEMENT, LLC
Value ($000) $1,337 Shares 45,115
BOOTHBAY FUND MANAGEMENT, LLC
Value ($000) $455 Shares 15,361
Alberta Investment Management Corp
Value ($000) $722 Shares 24,400
Integrated Wealth Concepts LLC
Value ($000) $226 Shares 7,640
Bridgewater Associates, LP
Value ($000) $360 Shares 12,163
Gotham Asset Management, LLC
Value ($000) $306 Shares 10,314