CIK 1663490
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-Q3. 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 | 17.25% | 18 |
| Utilities | 16.31% | 11 |
| Banks | 15.15% | 9 |
| Oil, Gas & Consumable Fuels | 9.92% | 8 |
| Diversified Telecommunication Services | 7.72% | 3 |
| Commercial Services & Supplies | 6.03% | 2 |
| Insurance | 5.94% | 5 |
| Metals & Mining | 2.94% | 2 |
| Road & Rail | 2.75% | 1 |
| Hotels, Restaurants & Leisure | 2.48% | 1 |
| Specialty Retail | 1.84% | 1 |
| Aerospace & Defense | 1.77% | 1 |
| Professional Services | 1.21% | 1 |
| Construction & Engineering | 1.18% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 1.11% | 1 |
| Food Products | 1.11% | 1 |
| Chemicals | 1.11% | 1 |
| Software | 1.11% | 1 |
| Health Care Providers & Services | 1.07% | 1 |
| Software & IT Services | 0.74% | 1 |
| Semiconductors & Semiconductor Equipment | 0.72% | 1 |
| Media & Entertainment | 0.52% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BMO | BANK OF MONTREAL /CAN/ | Financials | 5.14% |
| 2 | BCE | BCE INC | Communication Services | 4.93% |
| 3 | V | VISA INC. | Financials | 4.67% |
| 4 | WEC | WEC ENERGY GROUP, INC. | Utilities | 3.05% |
| 5 | BTE | BAYTEX ENERGY CORP. | Energy | 2.86% |
| 6 | CNI | CANADIAN NATIONAL RAILWAY CO | Industrials | 2.75% |
| 7 | QSR | Restaurant Brands International Inc. | Consumer Discretionary | 2.48% |
| 8 | CANADIAN PAC RY LTD | Unclassified | 2.42% | |
| 9 | CINF | CINCINNATI FINANCIAL CORP | Financials | 2.34% |
| 10 | FNV | FRANCO NEVADA CORP | Materials | 2.32% |
54/72 names classified · sector 82.7% of weight · industry 82.7% · mkt cap 65.7%; 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: 82.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 49% of book weight classified — the grid is NOT representative of the whole book.
Classified: 49.4% of book weight (36/57 names) · unclassified 50.6%: , BMO, BCE, BTE, CNI, FNV, PBA, BEP, TRP, TU +11 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 | BMOBANK MONTREAL MEDIUM | 13,300 | $1M | 5.1% | NEW |
| 2 | BCEBCE INC | 21,300 | $987,000 | 4.9% | NEW |
| 3 | VVISA INC | 4,974 | $935,000 | 4.7% | NEW |
| 4 | WECWEC ENERGY GROUP INC | 6,621 | $611,000 | 3.0% | NEW |
| 5 | BTEBAYTEX ENERGY CORP | 396,108 | $574,000 | 2.9% | HOLD |
| 6 | CNICANADIAN NATL RY CO | 6,100 | $552,000 | 2.8% | ADD 27% |
| 7 | QSRRESTAURANT BRANDS INTL INC | 7,800 | $497,000 | 2.5% | TRIM −50% |
| 8 | CANADIAN PAC RY LTD | 1,900 | $484,000 | 2.4% | TRIM −62% |
| 9 | CINFCINCINNATI FINL CORP | 4,449 | $468,000 | 2.3% | ADD 80% |
| 10 | FNVFRANCO NEV CORP | 4,500 | $465,000 | 2.3% | ADD 32% |
| 11 | PBAPEMBINA PIPELINE CORP | 12,200 | $452,000 | 2.3% | NEW |
| 12 | NEENEXTERA ENERGY INC | 1,842 | $446,000 | 2.2% | NEW |
| 13 | CBSHCOMMERCE BANCSHARES INC | 6,065 | $412,000 | 2.1% | ADD 72% |
| 14 | BEPBROOKFIELD RENEWABLE PARTNER | 8,800 | $410,000 | 2.0% | TRIM −59% |
| 15 | AQNALGONQUIN PWR UTILS CORP | 26,300 | $372,000 | 1.9% | TRIM −22% |
| 16 | AMZNAMAZON COM INC | 199 | $368,000 | 1.8% | HOLD |
| 17 | TRPTC ENERGY CORP | 6,800 | $363,000 | 1.8% | NEW |
| 18 | TFCTRUIST FINL CORP | 6,435 | $362,000 | 1.8% | NEW |
| 19 | LMTLOCKHEED MARTIN CORP | 912 | $355,000 | 1.8% | NEW |
| 20 | TUTELUS CORPORATION | 8,700 | $337,000 | 1.7% | NEW |
| 21 | VETVERMILION ENERGY INC | 19,088 | $312,000 | 1.6% | TRIM −46% |
| 22 | AEEAMEREN CORP | 3,918 | $301,000 | 1.5% | NEW |
| 23 | AUDENTES THERAPEUTICS INC. | 4,762 | $285,000 | 1.4% | NEW |
| 24 | MAMASTERCARD INCORPORATED | 915 | $273,000 | 1.4% | NEW |
| 25 | L BRANDS INC | 14,686 | $266,000 | 1.3% | NEW |
| 26 | SHAW COMMUNICATIONS INC | 13,000 | $264,000 | 1.3% | TRIM −39% |
| 27 | ESEVERSOURCE ENERGY | 3,082 | $262,000 | 1.3% | NEW |
| 28 | HEHAWAIIAN ELEC INDS INC MTN B | 5,491 | $257,000 | 1.3% | NEW |
| 29 | CMCANADIAN IMPERIAL BANK OF CO | 3,056 | $254,000 | 1.3% | TRIM −60% |
| 30 | GIBCGI INC | 2,900 | $243,000 | 1.2% | NEW |
| 31 | LENLENNAR CORP | 4,227 | $236,000 | 1.2% | NEW |
| 32 | DDOMINION ENERGY INC | 2,808 | $233,000 | 1.2% | NEW |
| 33 | AWKAMERICAN WTR WKS CO INC NEW | 1,876 | $230,000 | 1.1% | NEW |
| 34 | BOHBANK HAWAII CORP | 2,418 | $230,000 | 1.1% | NEW |
| 35 | UBSIUNITED BANKSHARES INC WEST V | 5,962 | $230,000 | 1.1% | NEW |
| 36 | SPIRIT AEROSYSTEMS HLDGS INC | 3,143 | $229,000 | 1.1% | NEW |
| 37 | ANAPLAN INC | 4,316 | $226,000 | 1.1% | NEW |
| 38 | PRETIUM RESOURCES INC | 20,300 | $226,000 | 1.1% | TRIM −40% |
| 39 | AMTAMERICAN TOWER CORP | 971 | $223,000 | 1.1% | NEW |
| 40 | SMPLSIMPLY GOOD FOODS CO | 7,803 | $223,000 | 1.1% | NEW |
| 41 | TMUST-MOBILE US INC | 2,850 | $223,000 | 1.1% | NEW |
| 42 | WTMWHITE MTNS INS GROUP LTD | 200 | $223,000 | 1.1% | HOLD |
| 43 | CLXCLOROX CO DEL | 1,449 | $222,000 | 1.1% | NEW |
| 44 | DSGXDESCARTES SYS GROUP INC | 5,200 | $222,000 | 1.1% | NEW |
| 45 | LLOEWS CORP | 4,227 | $222,000 | 1.1% | NEW |
| 46 | MRSHMARSH & MCLENNAN COS INC | 1,970 | $219,000 | 1.1% | NEW |
| 47 | KIRKLAND LAKE GOLD LTD | 4,878 | $215,000 | 1.1% | NEW |
| 48 | NTRANATERA INC | 6,375 | $215,000 | 1.1% | NEW |
| 49 | SUSUNCOR ENERGY INC NEW | 6,400 | $210,000 | 1.0% | NEW |
| 50 | ZIONZIONS BANCORPORATION N A | 3,916 | $203,000 | 1.0% | NEW |
| 51 | HOMBHOME BANCSHARES INC | 10,024 | $197,000 | 1.0% | NEW |
| 52 | SANDSTORM GOLD LTD | 21,200 | $158,000 | 0.8% | TRIM −52% |
| 53 | TURQUOISE HILL RESOURCES LTD | 203,400 | $150,000 | 0.7% | TRIM −37% |
| 54 | UPWKUPWORK INC | 13,948 | $149,000 | 0.7% | NEW |
| 55 | CVECENOVUS ENERGY INC | 14,500 | $147,000 | 0.7% | TRIM −71% |
| 56 | YAMANA GOLD INC | 37,000 | $146,000 | 0.7% | TRIM −18% |
| 57 | AMKRAMKOR TECHNOLOGY INC | 11,153 | $145,000 | 0.7% | NEW |
| 58 | PTENPATTERSON-UTI ENERGY INC | 12,153 | $128,000 | 0.6% | NEW |
| 59 | AGFIRST MAJESTIC SILVER CORP | 10,200 | $125,000 | 0.6% | NEW |
| 60 | VLYVALLEY NATL BANCORP | 10,291 | $118,000 | 0.6% | TRIM −5% |
| 61 | KOSKOSMOS ENERGY LTD | 20,223 | $115,000 | 0.6% | NEW |
| 62 | CISION LTD | 10,717 | $107,000 | 0.5% | NEW |
| 63 | Intelsat | 15,163 | $107,000 | 0.5% | NEW |
| 64 | AROCARCHROCK INC | 10,443 | $105,000 | 0.5% | NEW |
| 65 | GRPNGROUPON INC | 44,126 | $105,000 | 0.5% | NEW |
| 66 | TACTRANSALTA CORP | 12,300 | $88,000 | 0.4% | NEW |
| 67 | FSKFS KKR Capital Corp. | 12,790 | $78,000 | 0.4% | HOLD |
| 68 | GNWGENWORTH FINL INC | 13,382 | $59,000 | 0.3% | NEW |
| 69 | COLONY CAP INC NEW | 10,851 | $52,000 | 0.3% | NEW |
| 70 | ARANTERO RESOURCES CORP | 17,100 | $49,000 | 0.2% | NEW |
| 71 | NEW GOLD INC CDA | 48,100 | $42,000 | 0.2% | TRIM −31% |
| 72 | CHESAPEAKE ENERGY CORP | 14,900 | $12,000 | 0.1% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
