CIK 1518235
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 23.53% | 13 |
| Banks | 16.76% | 9 |
| Oil, Gas & Consumable Fuels | 11.64% | 5 |
| Insurance | 8.33% | 3 |
| Road & Rail | 6.81% | 2 |
| Utilities | 6.58% | 5 |
| Semiconductors & Semiconductor Equipment | 4.15% | 6 |
| Textiles, Apparel & Luxury Goods | 3.87% | 1 |
| Real Estate Management & Development | 3.45% | 1 |
| Chemicals | 2.61% | 3 |
| Machinery | 2.21% | 2 |
| Pharmaceuticals & Biotechnology | 2.16% | 3 |
| Health Care Equipment & Supplies | 1.44% | 2 |
| Software | 1.18% | 2 |
| Diversified Telecommunication Services | 1.10% | 1 |
| Specialty Retail | 1.07% | 2 |
| Transportation Infrastructure | 0.91% | 1 |
| Commercial Services & Supplies | 0.87% | 1 |
| Aerospace & Defense | 0.86% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.45% | 1 |
| Metals & Mining | 0.01% | 1 |
| Technology Hardware & Equipment | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SU | SUNCOR ENERGY INC | Energy | 6.24% |
| 2 | SAPIF | SAPUTO INC | Unclassified | 4.69% |
| 3 | MFC | MANULIFE FINANCIAL CORP | Financials | 4.33% |
| 4 | PBA | PEMBINA PIPELINE CORP | Energy | 4.27% |
| 5 | TRP | TC ENERGY CORP | Utilities | 4.26% |
| 6 | CM | CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ | Financials | 3.96% |
| 7 | RY | ROYAL BANK OF CANADA | Financials | 3.89% |
| 8 | GIL | GILDAN ACTIVEWEAR INC | Consumer Discretionary | 3.87% |
| 9 | BNS | BANK OF NOVA SCOTIA | Financials | 3.77% |
| 10 | SLF | SUN LIFE FINANCIAL INC | Financials | 3.76% |
53/66 names classified · sector 76.5% of weight · industry 76.5% · mkt cap 34.7%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 76.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 20% of book weight classified — the grid is NOT representative of the whole book.
Classified: 20.2% of book weight (30/66 names) · unclassified 79.8%: SU, SAPIF, MFC, PBA, TRP, CM, RY, GIL, BNS, SLF +26 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | SUSUNCOR ENERGY INC NEW | 3,510,340 | $231M | 6.2% | HOLD |
| 2 | SAPIFSAPUTO INC | 5,587,163 | $174M | 4.7% | HOLD |
| 3 | MFCMANULIFE FINL CORP | 4,675,188 | $161M | 4.3% | ADD 2% |
| 4 | PBAPEMBINA PIPELINE CORP | 3,555,001 | $159M | 4.3% | ADD 9% |
| 5 | TRPTC ENERGY CORP | 2,534,676 | $158M | 4.3% | ADD 6% |
| 6 | CMCANADIAN IMPERIAL BANK OF CO | 1,557,036 | $147M | 4.0% | TRIM −10% |
| 7 | RYROYAL BK CDA | 895,739 | $144M | 3.9% | HOLD |
| 8 | GILGILDAN ACTIVEWEAR INC | 2,586,145 | $144M | 3.9% | HOLD |
| 9 | BNSBANK NOVA SCOTIA B C | 2,022,859 | $140M | 3.8% | HOLD |
| 10 | SLFSUN LIFE FINANCIAL INC. | 2,231,424 | $139M | 3.8% | ADD 108% |
| 11 | BMOBANK MONTREAL MEDIUM | 1,004,527 | $136M | 3.7% | HOLD |
| 12 | CDNAFCanadian Tire Corp Ltd | 1,003,524 | $135M | 3.6% | HOLD |
| 13 | CPCANADIAN PACIFIC KANSAS CITY | 1,669,924 | $131M | 3.5% | ADD 8% |
| 14 | BNBROOKFIELD CORP | 3,166,889 | $128M | 3.4% | ADD 3% |
| 15 | CNICANADIAN NATL RY CO | 1,185,461 | $122M | 3.3% | ADD 22% |
| 16 | CCDBFCCL Industries Inc. | 1,902,215 | $119M | 3.2% | NEW |
| 17 | IFCZFINTACT FINANCIAL | 631,157 | $114M | 3.1% | ADD 18% |
| 18 | NTIOFNATL BANK OF CANADA | 758,948 | $98M | 2.6% | NEW |
| 19 | ELEEFELEMENT FLEET MANAGEMENT CORP | 3,988,477 | $86M | 2.3% | ADD 12% |
| 20 | AMATAPPLIED MATLS INC | 187,682 | $64M | 1.7% | TRIM −7% |
| 21 | ABBVABBVIE INC | 252,513 | $55M | 1.5% | ADD 32% |
| 22 | CMICUMMINS INC | 96,047 | $52M | 1.4% | HOLD |
| 23 | TMUST-MOBILE US INC | 194,603 | $41M | 1.1% | ADD 10% |
| 24 | NEENEXTERA ENERGY INC | 434,614 | $40M | 1.1% | HOLD |
| 25 | APDAIR PRODS & CHEMS INC | 128,753 | $37M | 1.0% | ADD 4% |
| 26 | WFCWELLS FARGO CO NEW | 462,710 | $37M | 1.0% | ADD 3% |
| 27 | NTRNUTRIEN LTD | 473,902 | $36M | 1.0% | TRIM −10% |
| 28 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 104,741 | $35M | 1.0% | ADD 6% |
| 29 | SIEGYSiemens AG ADR | 288,065 | $35M | 0.9% | ADD 4% |
| 30 | BKNGBOOKING HOLDINGS INC | 8,044 | $34M | 0.9% | ADD 13% |
| 31 | ETRENTERGY CORP NEW | 299,000 | $34M | 0.9% | ADD 102% |
| 32 | SBGSYSCHNEIDER ELECTRIC SE UNSPONSORD ADR | 604,121 | $33M | 0.9% | ADD 7% |
| 33 | URIUNITED RENTALS INC | 44,502 | $32M | 0.9% | ADD 7% |
| 34 | HONHONEYWELL INTL INC | 141,392 | $32M | 0.9% | HOLD |
| 35 | HDHOME DEPOT INC | 95,061 | $31M | 0.8% | ADD 8% |
| 36 | ENLAYEnel SpA | 2,845,262 | $31M | 0.8% | HOLD |
| 37 | NXPINXP SEMICONDUCTORS N V | 156,109 | $31M | 0.8% | ADD 8% |
| 38 | BOWFFBoardwalk Real Estate Investment trust | 680,865 | $31M | 0.8% | ADD 4% |
| 39 | CARRCARRIER GLOBAL CORPORATION | 537,401 | $30M | 0.8% | ADD 31% |
| 40 | MSFTMICROSOFT CORP | 76,652 | $28M | 0.8% | ADD 39% |
| 41 | MDTMEDTRONIC PLC | 310,911 | $27M | 0.7% | ADD 5% |
| 42 | BDXBECTON DICKINSON & CO | 167,382 | $26M | 0.7% | ADD 36% |
| 43 | MRKMERCK & CO INC | 207,470 | $25M | 0.7% | TRIM −32% |
| 44 | ULUNILEVER PLC | 415,717 | $24M | 0.6% | ADD 9% |
| 45 | ENBENBRIDGE INC | 433,145 | $23M | 0.6% | TRIM −51% |
| 46 | AVGOBROADCOM INC | 74,593 | $23M | 0.6% | ADD 6% |
| 47 | COPCONOCOPHILLIPS | 137,868 | $18M | 0.5% | ADD 35% |
| 48 | EQIXEQUINIX INC | 17,213 | $17M | 0.5% | ADD 6% |
| 49 | USBUS BANCORP | 309,751 | $16M | 0.4% | ADD 9% |
| 50 | GRTUFGRANITE REAL ESTATE INVT TR | 269,724 | $16M | 0.4% | TRIM −4% |
| 51 | SAPSAP SE | 90,046 | $15M | 0.4% | ADD 7% |
| 52 | EMAEMERA INC | 221,785 | $11M | 0.3% | HOLD |
| 53 | AJGGALLAGHER ARTHUR J & CO | 43,167 | $9M | 0.3% | NEW |
| 54 | CDWCDW CORP | 70,347 | $9M | 0.2% | ADD 41% |
| 55 | IBDRYIBERDROLA S A SPONSORED ADR REPSTG 1 ORD SHS ISIN US4507371015 | 20,348 | $2M | 0.1% | TRIM −5% |
| 56 | TDTORONTO DOMINION BK ONT | 15,723 | $1M | 0.0% | TRIM −10% |
| 57 | FTSFORTIS INC | 13,000 | $725,270 | 0.0% | ADD 11% |
| 58 | DLMAFDOLLARAMA INC | 3,710 | $453,894 | 0.0% | HOLD |
| 59 | ADIANALOG DEVICES INC | 1,265 | $402,447 | 0.0% | ADD 2% |
| 60 | TXNTEXAS INSTRS INC | 1,825 | $354,306 | 0.0% | ADD 11% |
| 61 | AMGNAMGEN INC | 850 | $299,073 | 0.0% | HOLD |
| 62 | AEMAGNICO EAGLE MINES LTD | 1,455 | $294,410 | 0.0% | TRIM −7% |
| 63 | BACBANK AMERICA CORP | 5,335 | $260,081 | 0.0% | TRIM −28% |
| 64 | AAPLAPPLE INC | 997 | $253,029 | 0.0% | HOLD |
| 65 | CNQCANADIAN NAT RES LTD | 4,765 | $231,711 | 0.0% | TRIM −45% |
| 66 | PNCPNC FINL SVCS GROUP INC | 1,000 | $208,090 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SUSUNCOR ENERGY INC NEW | 3.7M | 3.6M | 3.6M | 3.6M | 3.5M | 3.5M | $231M |
| SAPIFSAPUTO INC | 4.1M | 5.1M | 5.6M | 5.8M | 5.5M | 5.6M | $174M |
| MFCMANULIFE FINL CORP | 4.9M | 4.8M | 4.8M | 4.8M | 4.6M | 4.7M | $161M |
| PBAPEMBINA PIPELINE CORP | 2.9M | 2.9M | 2.9M | 3.0M | 3.3M | 3.6M | $159M |
| TRPTC ENERGY CORP | 2.5M | 2.5M | 2.5M | 2.5M | 2.4M | 2.5M | $158M |
| CMCANADIAN IMPERIAL BANK OF CO | 1.9M | 1.9M | 1.8M | 1.8M | 1.7M | 1.6M | $147M |
| RYROYAL BK CDA | 1.0M | 919K | 916K | 917K | 879K | 896K | $144M |
| GILGILDAN ACTIVEWEAR INC | 2.8M | 2.7M | 2.7M | 2.7M | 2.5M | 2.6M | $144M |
| BNSBANK NOVA SCOTIA B C | 2.1M | 2.1M | 2.1M | 2.1M | 2.0M | 2.0M | $140M |
| SLFSUN LIFE FINANCIAL INC. | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 2.2M | $139M |
| BMOBANK MONTREAL MEDIUM | 1.3M | 1.1M | 1.1M | 1.1M | 988K | 1.0M | $136M |
| CDNAFCanadian Tire Corp Ltd | 1.2M | 1.2M | 1.1M | 1.0M | 986K | 1.0M | $135M |
| CPCANADIAN PACIFIC KANSAS CITY | 1.2M | 1.3M | 1.3M | 1.5M | 1.5M | 1.7M | $131M |
| BNBROOKFIELD CORP | 2.3M | 2.2M | 2.2M | 2.2M | 3.1M | 3.2M | $128M |
| CNICANADIAN NATL RY CO | 678K | 709K | 731K | 742K | 974K | 1.2M | $122M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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