Diversified Royalty Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:DIV Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
23 Feb 24	BuyCA$266,000	Johnny Ciampi	Individual		100,000	CA$2.66
23 Jun 23	BuyCA$5,510	Bryan Elwin	Individual		2,000	CA$2.76

Insider Buying: DIV insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.2%.

Top 22 shareholders own 16.86% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.99%	FMR LLC	16,444,300	CA$45.9m	0%	no data
1.43%	Industrielle Alliance, Gestion de placements inc.	2,355,001	CA$6.6m	0%	0.07%
1.12%	Sean Morrison	1,837,866	CA$5.1m	0%	no data
0.8%	Wutherich & Company Investment Counsel Inc.	1,310,900	CA$3.7m	0%	3.01%
0.73%	Johnny Ciampi	1,204,360	CA$3.4m	9.06%	no data
0.71%	Timelo Investment Management Inc.	1,174,443	CA$3.3m	20.8%	4.73%
0.7%	AGF Management Limited	1,150,000	CA$3.2m	-51.9%	0.01%
0.36%	Maxam Capital Management Ltd.	600,000	CA$1.7m	0%	1.99%
0.27%	Mackenzie Financial Corporation	449,800	CA$1.3m	0%	no data
0.19%	Greg Gutmanis	318,966	CA$889.9k	1.5%	no data
0.11%	Paula Rogers	188,609	CA$526.2k	22.5%	no data
0.085%	Lance Tracey	140,000	CA$390.6k	0%	no data
0.08%	Vestcor Inc.	131,250	CA$366.2k	0%	no data
0.06%	StoneCastle Investment Management Inc.	99,400	CA$277.3k	-41.8%	2.14%
0.054%	BlackRock, Inc.	89,358	CA$249.3k	-13.5%	no data
0.051%	Garry Herdler	83,292	CA$232.4k	0%	no data
0.037%	State Street Global Advisors, Inc.	61,163	CA$170.7k	-12.5%	no data
0.035%	Connor, Clark & Lunn Investment Management Ltd.	57,810	CA$161.3k	1.81%	no data
0.029%	Roger Chouinard	47,209	CA$131.7k	165%	no data
0.0061%	Bryan Elwin	10,000	CA$27.9k	0%	no data
0.0027%	Embark Student Corp.	4,400	CA$12.3k	1,000%	no data
0.0012%	Tralucent Asset Management Inc	2,000	CA$5.6k	0%	0.01%