Dark
Light
System
Security
ADVANTAGE OIL & GAS LTD
ADVANTAGE OIL & GAS LTD. Institutional holdings reported to the SEC.

Institutional Holders (2016Q2)
Portfolio Summary: 107 Institutional holders with a total value of $597,481,180.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Burgundy Asset Management Ltd. 22,643,139 125,670,000 21.03%
2 MACKENZIE FINANCIAL CORP 9,856,870 55,100,000 9.22%
3 SailingStone Capital Partners LLC 8,674,191 48,528,000 8.12%
4 JVL Advisors, L.L.C. 6,706,865 37,491,000 6.27%
5 MONTRUSCO BOLTON INVESTMENTS INC. 5,774,532 32,103,000 5.37%
6 I.G. INVESTMENT MANAGEMENT, LTD. 5,701,088 31,863,000 5.33%
7 DONALD SMITH & CO., INC. 5,443,465 30,429,000 5.09%
8 BANK OF MONTREAL /CAN/ 4,960,444 27,728,000 4.64%
9 FRANKLIN RESOURCES INC 3,430,328 19,168,000 3.21%
10 TD ASSET MANAGEMENT INC 3,290,076 18,291,000 3.06%
11 VANGUARD GROUP INC 3,132,171 17,509,000 2.93%
12 Point72 Asset Management, L.P. 2,790,000 15,539,000 2.60%
13 Connor, Clark & Lunn Investment Management Ltd. 2,703,244 15,028,000 2.52%
14 Invesco Ltd. 2,381,781 13,314,000 2.23%
15 FMR LLC 1,721,000 9,618,000 1.61%
16 CIBC WORLD MARKET INC. 1,649,384 9,220,000 1.54%
17 Addenda Capital Inc. 1,445,110 8,035,000 1.34%
18 NORGES BANK 1,409,028 7,833,000 1.31%
19 PUBLIC SECTOR PENSION INVESTMENT BOARD 1,275,290 7,090,000 1.19%
20 Heathbridge Capital Management Ltd. 1,043,600 6,060,339 1.01%
21 Mizuho Trust & Banking Co., Ltd. 848,854 4,745,000 0.79%
22 EMERALD ACQUISITION LTD. 795,336 4,425,000 0.74%
23 AGF INVESTMENTS INC. 690,863 3,860,000 0.65%
24 Alberta Investment Management Corp 512,100 3,697,000 0.62%
25 MANUFACTURERS LIFE INSURANCE COMPANY, THE 647,989 3,622,000 0.61%
26 SCOTIA CAPITAL INC. 543,865 3,039,000 0.51%
27 CIBC Asset Management Inc 494,917 2,747,000 0.46%
28 TORONTO DOMINION BANK 477,000 2,666,000 0.45% Put
29 DEUTSCHE BANK AG\ 461,207 2,577,000 0.43%
30 MORGAN STANLEY 397,518 2,223,000 0.37%
31 TWO SIGMA INVESTMENTS, LP 372,435 2,074,000 0.35%
32 Swiss National Bank 313,300 1,742,000 0.29%
33 SIGNIA CAPITAL MANAGEMENT LLC 280,351 1,567,000 0.26%
34 CREDIT SUISSE AG/ 250,998 1,403,000 0.23%
35 Counsel Portfolio Services Inc. 226,557 1,260,000 0.21%
36 ROYAL BANK OF CANADA 218,439 1,221,000 0.20%
37 TORONTO DOMINION BANK 215,407 1,204,000 0.20%
38 HIGHBRIDGE CAPITAL MANAGEMENT LLC 200,700 1,122,000 0.19%
39 Pembroke Management, LTD 145,305 1,049,000 0.18%
40 D. E. Shaw & Co., Inc. 184,317 1,031,000 0.17%
41 BANK OF AMERICA CORP /DE/ 177,530 993,000 0.17%
42 RAFFLES ASSOCIATES LP 175,000 978,000 0.16%
43 CANADA LIFE ASSURANCE Co 174,886 971,000 0.16%
44 PCJ Investment Counsel Ltd. 170,503 948,000 0.16%
45 Fiera Capital Corp 154,600 860,000 0.14%
46 BANK OF NOVA SCOTIA 127,853 714,000 0.12%
47 RENAISSANCE TECHNOLOGIES LLC 110,000 615,000 0.10%
48 Aperio Group, LLC 109,638 613,000 0.10%
49 Lombard Odier Asset Management (USA) Corp 109,572 612,000 0.10%
50 SPROTT INC. 102,500 573,000 0.10%
Page 1 of 3

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.