CIK 1569411
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 |
|---|---|---|
| Metals & Mining | 18.94% | 14 |
| Banks | 18.26% | 7 |
| Oil, Gas & Consumable Fuels | 10.16% | 6 |
| Software | 5.28% | 4 |
| Road & Rail | 5.06% | 5 |
| Commercial Services & Supplies | 4.68% | 10 |
| Semiconductors & Semiconductor Equipment | 4.39% | 6 |
| Real Estate Management & Development | 4.14% | 2 |
| Technology Hardware & Equipment | 3.71% | 7 |
| Utilities | 3.51% | 4 |
| Specialty Retail | 3.40% | 7 |
| Chemicals | 2.45% | 8 |
| Software & IT Services | 1.96% | 3 |
| Unclassified | 1.78% | 5 |
| Insurance | 1.31% | 2 |
| Health Care Equipment & Supplies | 1.27% | 4 |
| Hotels, Restaurants & Leisure | 1.26% | 3 |
| Pharmaceuticals & Biotechnology | 1.05% | 5 |
| Capital Markets | 0.98% | 2 |
| Machinery | 0.74% | 3 |
| Diversified Telecommunication Services | 0.72% | 3 |
| Aerospace & Defense | 0.70% | 1 |
| Automobiles & Components | 0.65% | 3 |
| Beverages | 0.60% | 5 |
| Professional Services | 0.55% | 2 |
| Transportation Infrastructure | 0.55% | 1 |
| Textiles, Apparel & Luxury Goods | 0.42% | 1 |
| Construction Materials | 0.34% | 1 |
| Airlines | 0.30% | 1 |
| Food Products | 0.28% | 1 |
| Electrical Equipment & Components | 0.22% | 1 |
| Media & Publishing | 0.17% | 1 |
| Entertainment | 0.17% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AEM | AGNICO EAGLE MINES LTD | Materials | 5.00% |
| 2 | TD | TORONTO DOMINION BANK | Financials | 4.76% |
| 3 | RY | ROYAL BANK OF CANADA | Financials | 4.72% |
| 4 | BMO | BANK OF MONTREAL /CAN/ | Financials | 3.58% |
| 5 | CNQ | CANADIAN NATURAL RESOURCES LTD | Energy | 3.49% |
| 6 | AGI | ALAMOS GOLD INC CLASS A | Materials | 3.46% |
| 7 | BN | BROOKFIELD Corp /ON/ | Real Estate | 3.44% |
| 8 | SHOP | SHOPIFY INC. | Information Technology | 3.33% |
| 9 | WPM | WHEATON PRECIOUS METALS CORP | Materials | 3.18% |
| 10 | ENB | ENBRIDGE INC | Energy | 2.99% |
125/129 names classified · sector 98.4% of weight · industry 98.2% · mkt cap 49.4%; 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: 98.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 33% of book weight classified — the grid is NOT representative of the whole book.
Classified: 33.4% of book weight (69/129 names) · unclassified 66.6%: AEM, TD, RY, BMO, CNQ, AGI, BN, WPM, ENB, BNS +50 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 | AEMAGNICO EAGLE MINES LTD | 628,844 | $178M | 5.0% | TRIM −6% |
| 2 | TDTORONTO DOMINION BK ONT | 1,300,447 | $169M | 4.8% | HOLD |
| 3 | RYROYAL BK CDA | 745,760 | $168M | 4.7% | ADD 6% |
| 4 | BMOBANK MONTREAL MEDIUM | 674,068 | $127M | 3.6% | TRIM −7% |
| 5 | CNQCANADIAN NAT RES LTD | 1,812,408 | $124M | 3.5% | TRIM −5% |
| 6 | AGIALAMOS GOLD INC NEW | 1,987,059 | $123M | 3.5% | TRIM −11% |
| 7 | BNBROOKFIELD CORP | 2,168,691 | $122M | 3.4% | HOLD |
| 8 | SHOPSHOPIFY INC | 717,191 | $118M | 3.3% | ADD 5% |
| 9 | WPMWHEATON PRECIOUS METALS CORP | 617,307 | $113M | 3.2% | ADD 8% |
| 10 | ENBENBRIDGE INC | 1,406,938 | $106M | 3.0% | HOLD |
| 11 | BNSBANK NOVA SCOTIA B C | 1,073,598 | $104M | 2.9% | HOLD |
| 12 | CCJCAMECO CORP | 550,763 | $83M | 2.3% | ADD 2% |
| 13 | TRPTC ENERGY CORP | 908,833 | $80M | 2.3% | HOLD |
| 14 | CPCANADIAN PACIFIC KANSAS CITY | 699,650 | $77M | 2.2% | TRIM −3% |
| 15 | FNVFRANCO NEV CORP | 221,821 | $76M | 2.2% | ADD 9% |
| 16 | SUSUNCOR ENERGY INC NEW | 747,066 | $69M | 1.9% | HOLD |
| 17 | CNICANADIAN NATL RY CO | 460,005 | $66M | 1.9% | HOLD |
| 18 | KGCKINROSS GOLD CORP | 1,367,420 | $58M | 1.6% | ADD 3856% |
| 19 | AAPLAPPLE INC | 227,617 | $58M | 1.6% | ADD 5% |
| 20 | GOOGALPHABET INC | 184,479 | $53M | 1.5% | ADD 3% |
| 21 | AVGOBROADCOM INC | 167,214 | $52M | 1.5% | HOLD |
| 22 | WCNWASTE CONNECTIONS INC | 218,580 | $49M | 1.4% | HOLD |
| 23 | MSFTMICROSOFT CORP | 130,541 | $48M | 1.4% | ADD 2% |
| 24 | NVDANVIDIA CORPORATION | 265,591 | $46M | 1.3% | ADD 8% |
| 25 | CMCANADIAN IMPERIAL BANK OF CO | 315,186 | $42M | 1.2% | TRIM −26% |
| 26 | BIPBROOKFIELD INFRAST PARTNERS | 771,858 | $39M | 1.1% | TRIM −3% |
| 27 | PBAPEMBINA PIPELINE CORP | 605,547 | $38M | 1.1% | TRIM −2% |
| 28 | MFCMANULIFE FINL CORP | 764,467 | $37M | 1.0% | HOLD |
| 29 | AMZNAMAZON COM INC | 164,656 | $34M | 1.0% | ADD 3% |
| 30 | QSRRESTAURANT BRANDS INTL INC | 310,216 | $32M | 0.9% | TRIM −3% |
| 31 | EMAEMERA INC | 421,545 | $30M | 0.9% | TRIM −9% |
| 32 | VVISA INC | 98,427 | $30M | 0.8% | ADD 2% |
| 33 | JPMJPMORGAN CHASE & CO | 88,510 | $26M | 0.7% | ADD 3% |
| 34 | TJXTJX COS INC NEW | 160,221 | $26M | 0.7% | ADD 3% |
| 35 | WABWABTEC | 99,535 | $25M | 0.7% | ADD 3% |
| 36 | CIGICOLLIERS INTL GROUP INC | 166,288 | $25M | 0.7% | HOLD |
| 37 | APHAMPHENOL CORP | 193,786 | $25M | 0.7% | TRIM −2% |
| 38 | CVECENOVUS ENERGY INC | 642,604 | $24M | 0.7% | TRIM −2% |
| 39 | FFIVF5 INC | 72,999 | $21M | 0.6% | TRIM −4% |
| 40 | TFIITFI INTL INC | 135,340 | $21M | 0.6% | TRIM −3% |
| 41 | BKNGBOOKING HOLDINGS INC | 4,644 | $20M | 0.6% | ADD 3% |
| 42 | TMOTHERMO FISHER SCIENTIFIC INC | 39,454 | $19M | 0.5% | ADD 34% |
| 43 | SCHWSCHWAB CHARLES CORP | 204,698 | $19M | 0.5% | ADD 3% |
| 44 | LINLINDE PLC | 38,263 | $19M | 0.5% | ADD 3% |
| 45 | HBMHUDBAY MINERALS INC | 617,158 | $18M | 0.5% | ADD 4299% |
| 46 | RMDRESMED INC | 78,355 | $18M | 0.5% | ADD 3% |
| 47 | COSTCOSTCO WHSL CORP NEW | 17,500 | $17M | 0.5% | ADD 3% |
| 48 | LOWLOWES COS INC | 71,421 | $17M | 0.5% | ADD 3% |
| 49 | BCEBCE INC | 471,327 | $17M | 0.5% | HOLD |
| 50 | SPGIS&P GLOBAL INC | 38,159 | $16M | 0.5% | ADD 3% |
| 51 | CLSCELESTICA INC | 40,090 | $16M | 0.4% | NEW |
| 52 | BAMBROOKFIELD ASSET MANAGMT LTD | 251,127 | $16M | 0.4% | TRIM −10% |
| 53 | MEOHMETHANEX CORP | 183,000 | $15M | 0.4% | HOLD |
| 54 | GILGILDAN ACTIVEWEAR INC | 193,737 | $15M | 0.4% | HOLD |
| 55 | INTUINTUIT | 34,310 | $15M | 0.4% | ADD 3% |
| 56 | PNCPNC FINL SVCS GROUP INC | 64,482 | $13M | 0.4% | ADD 3% |
| 57 | CATCATERPILLAR INC | 18,800 | $13M | 0.4% | HOLD |
| 58 | CAECAE INC | 366,816 | $13M | 0.4% | HOLD |
| 59 | FTSFORTIS INC | 169,950 | $13M | 0.4% | HOLD |
| 60 | NKENIKE INC | 245,255 | $13M | 0.4% | HOLD |
| 61 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 38,230 | $13M | 0.4% | ADD 112% |
| 62 | MGAMAGNA INTL INC | 163,585 | $13M | 0.4% | HOLD |
| 63 | URIUNITED RENTALS INC | 17,094 | $12M | 0.4% | ADD 2% |
| 64 | TECKTECK RESOURCES LTD | 168,202 | $12M | 0.3% | HOLD |
| 65 | BGSIBOYD GROUP SERVICES INC | 66,417 | $12M | 0.3% | TRIM −2% |
| 66 | DOWDOW HLDGS INC | 269,800 | $11M | 0.3% | HOLD |
| 67 | NTRNUTRIEN LTD | 105,900 | $11M | 0.3% | HOLD |
| 68 | BRBROADRIDGE FINL SOLUTIONS IN | 67,918 | $11M | 0.3% | ADD 3% |
| 69 | SHWSHERWIN WILLIAMS CO | 33,760 | $11M | 0.3% | ADD 29% |
| 70 | FDXFEDEX CORP | 30,000 | $11M | 0.3% | HOLD |
| 71 | MRKMERCK & CO INC | 87,800 | $11M | 0.3% | HOLD |
| 72 | STESTERIS PLC | 48,003 | $11M | 0.3% | ADD 159% |
| 73 | WMTWALMART INC | 85,100 | $11M | 0.3% | HOLD |
| 74 | SYKSTRYKER CORPORATION | 31,575 | $10M | 0.3% | ADD 3% |
| 75 | RBARB GLOBAL INC | 77,000 | $10M | 0.3% | HOLD |
| 76 | GIBCGI INC | 100,959 | $10M | 0.3% | TRIM −66% |
| 77 | GOOGLALPHABET INC | 35,500 | $10M | 0.3% | HOLD |
| 78 | MDLZMONDELEZ INTL INC | 170,356 | $10M | 0.3% | ADD 3% |
| 79 | SLFSUN LIFE FINANCIAL INC. | 112,410 | $10M | 0.3% | HOLD |
| 80 | BHPBHP BILLITON LIMITED | 129,200 | $9M | 0.3% | HOLD |
| 81 | RCIROGERS COMMUNICATIONS INC | 173,038 | $9M | 0.3% | HOLD |
| 82 | STNSTANTEC INC | 77,400 | $9M | 0.3% | HOLD |
| 83 | SUNBSUNBELT RENTALS HOLDINGS INC | 195,858 | $9M | 0.3% | NEW |
| 84 | JNJJOHNSON & JOHNSON | 37,400 | $9M | 0.3% | HOLD |
| 85 | TRUTRANSUNION | 131,113 | $9M | 0.3% | ADD 6% |
| 86 | RIORIO TINTO PLC | 91,600 | $9M | 0.2% | HOLD |
| 87 | UNPUNION PAC CORP | 35,105 | $9M | 0.2% | ADD 3% |
| 88 | TAT&T INC | 291,700 | $8M | 0.2% | HOLD |
| 89 | CSCOCISCO SYS INC | 105,400 | $8M | 0.2% | HOLD |
| 90 | PFEPFIZER INC | 290,800 | $8M | 0.2% | HOLD |
| 91 | KOCOCA COLA CO | 106,400 | $8M | 0.2% | HOLD |
| 92 | CHDCHURCH & DWIGHT CO INC | 86,898 | $8M | 0.2% | ADD 3% |
| 93 | DEDEERE & CO | 14,300 | $8M | 0.2% | HOLD |
| 94 | UPSUNITED PARCEL SERVICE INC | 79,400 | $8M | 0.2% | HOLD |
| 95 | BRK.BBERKSHIRE HATHAWAY INC DEL | 16,264 | $8M | 0.2% | NEW |
| 96 | EMREMERSON ELEC CO | 58,500 | $8M | 0.2% | HOLD |
| 97 | IBMINTERNATIONAL BUSINESS MACHS | 31,300 | $8M | 0.2% | HOLD |
| 98 | PEPPEPSICO INC | 43,939 | $7M | 0.2% | TRIM −58% |
| 99 | MAMASTERCARD INCORPORATED | 13,400 | $7M | 0.2% | HOLD |
| 100 | METAMETA PLATFORMS INC | 11,500 | $7M | 0.2% | HOLD |
| 101 | MDTMEDTRONIC PLC | 73,000 | $6M | 0.2% | HOLD |
| 102 | SBUXSTARBUCKS CORP | 70,700 | $6M | 0.2% | HOLD |
| 103 | MCDMCDONALDS CORP | 20,000 | $6M | 0.2% | HOLD |
| 104 | TRITHOMSON REUTERS CORP | 48,500 | $6M | 0.2% | HOLD |
| 105 | FFORD MTR CO | 525,900 | $6M | 0.2% | HOLD |
| 106 | DISDISNEY WALT CO | 60,900 | $6M | 0.2% | HOLD |
| 107 | ADBEADOBE INC | 24,122 | $6M | 0.2% | TRIM −15% |
| 108 | ABTABBOTT LABS | 55,400 | $6M | 0.2% | HOLD |
| 109 | PGPROCTER AND GAMBLE CO | 39,200 | $6M | 0.2% | HOLD |
| 110 | DEODIAGEO PLC | 73,000 | $5M | 0.2% | HOLD |
| 111 | IWMISHARES TR | 21,760 | $5M | 0.2% | HOLD |
| 112 | HDHOME DEPOT INC | 15,800 | $5M | 0.1% | HOLD |
| 113 | GGGGRACO INC | 57,633 | $5M | 0.1% | ADD 3% |
| 114 | QQNITY ELECTRONICS INC | 40,600 | $5M | 0.1% | HOLD |
| 115 | PANWPALO ALTO NETWORKS INC | 27,602 | $4M | 0.1% | NEW |
| 116 | HMCHONDA MOTOR LTD | 179,400 | $4M | 0.1% | HOLD |
| 117 | DDDUPONT DE NEMOURS INC | 81,200 | $4M | 0.1% | HOLD |
| 118 | ZTSZOETIS INC | 29,737 | $4M | 0.1% | ADD 3% |
| 119 | OROR ROYALTIES INC. | 38,004 | $2M | 0.1% | ADD 7% |
| 120 | DOOBRP INC | 17,731 | $2M | 0.0% | ADD 7% |
| 121 | BBARRICK MNG CORP | 23,590 | $1M | 0.0% | NEW |
| 122 | BIPCBROOKFIELD INFRASTRUCTURE CO | 19,480 | $1M | 0.0% | TRIM −4% |
| 123 | TAPMOLSON COORS BEVERAGE CO | 16,988 | $731,503 | 0.0% | ADD 6% |
| 124 | EQXEQUINOX GOLD CORP | 32,360 | $650,112 | 0.0% | ADD 68% |
| 125 | ORLAORLA MNG LTD NEW | 28,440 | $636,203 | 0.0% | NEW |
| 126 | IMOIMPERIAL OIL LTD | 3,160 | $578,533 | 0.0% | TRIM −31% |
| 127 | SKESKEENA RES LTD NEW | 11,840 | $490,531 | 0.0% | NEW |
| 128 | TUTELUS CORPORATION | 19,400 | $354,989 | 0.0% | ADD 56% |
| 129 | CCEPCOCA-COLA EUROPACIFIC PARTNE | 2,543 | $230,523 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AEMAGNICO EAGLE MINES LTD | 139K | 713K | 708K | 724K | 667K | 629K | $178M |
| TDTORONTO DOMINION BK ONT | 1.4M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | $169M |
| RYROYAL BK CDA | 760K | 700K | 684K | 717K | 703K | 746K | $168M |
| BMOBANK MONTREAL MEDIUM | 761K | 693K | 671K | 735K | 725K | 674K | $127M |
| CNQCANADIAN NAT RES LTD | 2.3M | 2.1M | 2.4M | 2.2M | 1.9M | 1.8M | $124M |
| AGIALAMOS GOLD INC NEW | 1.9M | 1.7M | 1.9M | 2.3M | 2.2M | 2.0M | $123M |
| BNBROOKFIELD CORP | 1.8M | 1.7M | 1.4M | 1.4M | 2.2M | 2.2M | $122M |
| SHOPSHOPIFY INC | 870K | 799K | 716K | 696K | 683K | 717K | $118M |
| WPMWHEATON PRECIOUS METALS CORP | 1.3M | 916K | 289K | 472K | 570K | 617K | $113M |
| ENBENBRIDGE INC | 1.6M | 1.5M | 1.4M | 1.4M | 1.4M | 1.4M | $106M |
| BNSBANK NOVA SCOTIA B C | 1.2M | 987K | 968K | 1.1M | 1.1M | 1.1M | $104M |
| CCJCAMECO CORP | 528K | 730K | 509K | 444K | 538K | 551K | $83M |
| TRPTC ENERGY CORP | 1.0M | 953K | 944K | 939K | 919K | 909K | $80M |
| CPCANADIAN PACIFIC KANSAS CITY | 850K | 838K | 883K | 803K | 719K | 700K | $77M |
| FNVFRANCO NEV CORP | 16K | 7K | 123K | 108K | 204K | 222K | $76M |
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.
Where this firm's principals came from and which firms its alumni went on to found.
