Institutional and Insider OwnershipSylogist has about 50% Institutional Ownership and a little less than 10% Insiders owning shares. Although it results in a low float and thin trading, but also provides a rock solid support and a strong vote of confidence.The two largest shareholders are Mawer Funds - 13.97% and Burgundy Asset Management - 10.07%, with Cambridge/Fidelity Groups owning about 10% at 3rd and 4th place.
Sylogist has been a long time favourite of Mawer in their Top fund - Mawer New Canada (closed to new subscribers for over 10 years) as well as with their Private Clients. Mawer increased their ownership by 1/3rd, ealy this year, in the month of Feb, 2020. For Burgundy, it's a new position- 2,385,616 shares, which they bought recently in the month of March, 2020.
We have owned Sylogist shares for over 10 years.
Love to be in Good Company !!! GLTA