undamentalytics Newsletter

Institution

Guardian Capital LP

13F for June 30, 2026, filed August 14, 2026 · SEC CIK 1224324 · Holdings history from December 31, 2010

Reported value
$4.1bn
85% in companies we cover
Positions we cover
134
Largest RY 8.0%
Copy, a year
+9.8%
S&P 500 +14.5%
Copy Sharpe ratio
0.54
S&P 500 0.82

Copy-performance statistics: August 10, 2012 to November 2, 2026. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

174 reported entries for June 30, 2026.

IssuerClass / typeReported valueQuantity
AFLAC INC001055102 · AFL COM $6.4m 54,389
AGNICO EAGLE MINES LTD008474108 · AEM COM $136.7m 880,414
AIR PRODUCTS AND CHEMICALS I009158106 · APD COM $12.4m 42,383
ALCON AGH01301128 · ALC ORD SHS $3.0m 44,000
ALGONQUIN POWER & UTILITIES015857105 · AQN COM $122,277 20,801
ALLEGION PLCG0176J109 · ALLE ORD SHS $2.8m 19,800
ALPHABET INC02079K305 · GOOGL CAP STK CL A $74.1m 207,482
ALPHABET INC02079K107 CAP STK CL C $6.9m 19,586
AMAZON COM INC023135106 · AMZN COM $17.0m 71,324
AMERICAN EXPRESS CO025816109 · AXP COM $2.5m 7,488
AMETEK INC031100100 · AME COM $2.2m 9,084
AMGEN INC031162100 · AMGN COM $12.2m 33,791
AMPHENOL CORP032095101 · APH CL A $24.1m 136,776
ANALOG DEVICES INC032654105 · ADI COM $5.7m 14,346
APPLE INC037833100 · AAPL COM $101.1m 349,387
APPLE INC037833950 PUTPut $16,634 600
APPLIED MATLS INC038222105 · AMAT COM $4.4m 6,125
ASML HLDG NVN07059210 · ASML N Y REGISTRY SHS $80.4m 40,414
ASTRAZENECA PLCG0593M107 · AZN ORD $33.6m 177,185
ATS CORPORATION00217Y104 · ATS COM $1.3m 46,433
AUTOMATIC DATA PROCESSING IN053015103 · ADP COM $1.8m 7,900
AUTOMATIC DATA PROCESSING IN053015953 PUTPut $64,289 2,800
AUTOZONE INC053332102 · AZO COM $885,275 277
BANCO SANTANDER SA05964H105 ADR $3.8m 273,035
BANK MONTREAL MEDIUM063671101 · BMO COM $108.6m 614,927
BANK NOVA SCOTIA B C064149107 · BNS COM $41.9m 483,249
BARRICK MNG CORP06849F108 · B COM SHS $32.9m 896,178
BERKSHIRE HATHAWAY INC DEL084670702 CL B NEW $1.6m 3,155
BOOKING HOLDINGS INC09857L108 · BKNG COM $7.8m 43,672
BOOKING HOLDINGS INC09857L958 PUTPut $239,308 7,500
BOYD GROUP SERVICES INC103310108 · BGSI COM $102.0m 1,077,236
BROADCOM INC11135F101 · AVGO COM $89.8m 237,790
BROOKFIELD ASSET MANAGMT LTD113004105 · BAM CL A LMT VTG SHS $23.0m 512,297
BROOKFIELD CORP11271J107 CL A LTD VT SH $142.2m 3,333,406
BROOKFIELD INFRASTRUCTURE CO11276H106 COM SUB VTG A $11.6m 300,687
BROOKFIELD INFRASTRUCTURE PAG16252101 LP INT UNIT $25.5m 699,776
BROOKFIELD RENEWABLE ENERGYG16258108 PARTNERSHIP UNIT $415,441 11,992
CADENCE DESIGN SYSTEM INC127387108 · CDNS COM $4.9m 13,020
CANADIAN IMPERIAL BANK OF CO136069101 · CM COM $90.6m 786,905
CANADIAN NAT RES LTD MED TER136385101 · CNQ COM $154.6m 3,909,304
CANADIAN NATL RY CO136375102 COM $50.4m 422,207
CANADIAN PACIFIC KANSAS CITY13646K108 · CP COM $102.4m 1,181,757
CENOVUS ENERGY INC15135U109 · CVE COM $5.9m 239,597
CGI INC12532H104 CL A SUB VTG $142.2m 2,201,421
CHEVRON CORPORATION166764100 · CVX COM $2.6m 15,954
CHUBB LIMITEDH1467J104 · CB COM $4.4m 12,996
CME GROUP INC12572Q105 · CME COM $5.1m 23,200
CME GROUP INC12572Q955 PUTPut $445,748 8,700
COLGATE PALMOLIVE CO194162103 · CL COM $3.6m 39,800
COLGATE PALMOLIVE CO194162953 PUTPut $27,169 14,700
COLLIERS INTL GROUP INC194693107 · CIGI SUB VTG SHS $221,481 2,361
COSTCO WHOLESALE CORPORATION22160K105 · COST COM $62.5m 66,758
DANAHER CORP DEL235851102 · DHR COM $2.2m 11,702
DARDEN RESTAURANTS INC237194105 · DRI COM $17.5m 84,820
DECKERS OUTDOOR CORP243537107 · DECK COM $579,258 5,834
DESCARTES SYS GROUP INC249906108 · DSGX COM $8.8m 127,360
DISNEY WALT CO254687106 · DIS COM $2.6m 27,226
DUKE ENERGY CORP NEW26441C204 · DUK COM NEW $3.4m 26,966
ELI LILLY & CO532457108 · LLY COM $20.3m 16,901
EMERA INC290876101 · EMA COM $474,261 8,944
EMERSON ELEC CO291011104 · EMR COM $4.7m 33,063
ENBRIDGE INC29250N105 · ENB COM $62.8m 1,158,110
EQUINIX INC29444U700 · EQIX COM $36.3m 34,813
EQUINOX GOLD CORP29446Y502 · EQX COM $3.5m 357,019
FORTIS INC349553107 · FTS COM $41.7m 728,917
GILDAN ACTIVEWEAR INC375916103 · GIL COM $67.6m 1,311,862
GREENBRIER COS INC393657101 · GBX COM $3.9m 79,339
HARTFORD INSURANCE GROUP INC416515104 · HIG COM $26.3m 198,454
HOME DEPOT INC437076102 · HD COM $21.3m 60,269
HSBC HLDGS PLC404280406 · HSBC SPON ADR NEW $342,229 3,599
HUDBAY MINERALS INC443628102 · HBM COM $10.7m 452,109
ICICI BANK LIMITED45104G104 ADR $16.0m 550,067
ILLINOIS TOOL WKS INC452308109 · ITW COM $12.5m 46,055
ILLUMINA INC452327109 · ILMN COM $3.8m 21,400
ILLUMINA INC452327959 PUTPut $307,087 8,000
IMPERIAL OIL LTD453038408 · IMO COM NEW $2.8m 24,653
ING GROEP N.V.456837103 SPONSORED ADR $1.4m 44,883
INTUIT461202103 · INTU COM $1.1m 4,314
INTUITIVE SURGICAL INC46120E602 · ISRG COM NEW $4.6m 11,576
INVESCO EXCHANGE TRADED FD T46137V142 WATER RES ETF $1.7m 23,900
ISHARES TR46438G737 ENERGY STRG & MA $1.7m 38,500
ISHARES TR46436E619 ESG ADVAN ETF $547,470 12,600
ISHARES TR464288224 GL CLEAN ENE ETF $1.7m 82,000
ISHARES TR464288711 GLOB UTILITS ETF $2.2m 26,100
ISHARES TR464288513 IBOXX HI YD ETF $2.9m 36,500
JOHNSON & JOHNSON478160104 · JNJ COM $40.0m 157,659
JPMORGAN CHASE & CO46625H100 · JPM COM $13.9m 42,546
LAM RESEARCH CORP512807306 · LRCX COM NEW $6.6m 15,311
MAGNA INTL INC559222401 · MGA COM $3.2m 47,945
MANULIFE FINL CORP56501R106 · MFC COM $56.0m 1,380,780
MARKETAXESS HLDGS INC57060D108 · MKTX COM $1.7m 15,300
MARKETAXESS HLDGS INC57060D958 PUTPut $121,413 5,600
MASTERCARD INCORPORATED57636Q104 · MA CL A $30.4m 59,129
MASTERCARD INCORPORATED57636Q954 PUTPut $196,689 2,800
MCDONALDS CORP580135101 · MCD COM $37.5m 138,896
MDA SPACE LTD55293N109 COM $78.6m 1,906,121
META PLATFORMS INC30303M102 · META CL A $31.1m 55,165
MICROSOFT CORP594918104 · MSFT COM $71.9m 192,668
MICROSOFT CORP594918954 PUTPut $209,861 2,800
MITSUBISHI UFJ FINANCIAL GRO606822104 SPONSORED ADS $1.8m 91,177

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

$10.0k$20.0k$40.0k 20122014201620182020202220242026 $68.6k$38.0k
CopyS&P 500 $10,000 copying Guardian Capital LP's usable filed holdings in companies we cover from August 10, 2012, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −40.2% (S&P 500 −31.8%); beta 0.88; alpha −2.4% a year (t = −0.96); last 12 months +21.0% against +12.1%.

Reported value by quarter

Guardian Capital LP: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.
$0 $2B $4B $6B $8B Reported value, 2012-06-30: $4.2B Reported value, 2012-09-30: $4.9B Reported value, 2012-12-31: $5.4B Reported value, 2013-03-31: $5.9B Reported value, 2013-06-30: $5.7B Reported value, 2013-09-30: $6.1B Reported value, 2013-12-31: $6.3B Reported value, 2014-03-31: $6.4B Reported value, 2014-06-30: $6.9B Reported value, 2014-09-30: $6.7B Reported value, 2014-12-31: $6.3B Reported value, 2015-03-31: $5.9B Reported value, 2015-06-30: $5.9B Reported value, 2015-09-30: $5.3B Reported value, 2015-12-31: $5.2B Reported value, 2016-03-31: $5.9B Reported value, 2016-06-30: $6.1B Reported value, 2016-09-30: $6.4B Reported value, 2016-12-31: $6.8B Reported value, 2017-03-31: $6.6B Reported value, 2017-06-30: $6.4B Reported value, 2017-09-30: $6.8B Reported value, 2017-12-31: $6.8B Reported value, 2018-03-31: $5.8B Reported value, 2018-06-30: $5.9B Reported value, 2018-09-30: $6B Reported value, 2018-12-31: $4.8B Reported value, 2019-03-31: $5.4B Reported value, 2019-06-30: $5.1B Reported value, 2019-09-30: $5B Reported value, 2019-12-31: $4.8B Reported value, 2020-03-31: $3.4B Reported value, 2020-06-30: $3.9B Reported value, 2020-09-30: $3.8B Reported value, 2020-12-31: $4.3B Reported value, 2021-03-31: $6B Reported value, 2021-06-30: $5.1B Reported value, 2021-09-30: $4.8B Reported value, 2021-12-31: $5.2B Reported value, 2022-03-31: $5.1B Reported value, 2022-06-30: $3.3B Reported value, 2022-09-30: $2.9B Reported value, 2022-12-31: $3B Reported value, 2023-03-31: $3.1B Reported value, 2023-06-30: $3.1B Reported value, 2023-09-30: $2.7B Reported value, 2023-12-31: $2.8B Reported value, 2024-03-31: $2.9B Reported value, 2024-06-30: $2.7B Reported value, 2024-09-30: $2.7B Reported value, 2024-12-31: $2.7B Reported value, 2025-03-31: $2.5B Reported value, 2025-06-30: $2.8B Reported value, 2025-09-30: $3.1B Reported value, 2025-12-31: $3.4B Reported value, 2026-03-31: $3.8B Reported value, 2026-06-30: $4.1B 2012-06-30 2015-06-30 2018-06-30 2021-06-30 2026-06-30 $4.1B
View chart data
Period Reported value
2012-06-30 $4.2B
2012-09-30 $4.9B
2012-12-31 $5.4B
2013-03-31 $5.9B
2013-06-30 $5.7B
2013-09-30 $6.1B
2013-12-31 $6.3B
2014-03-31 $6.4B
2014-06-30 $6.9B
2014-09-30 $6.7B
2014-12-31 $6.3B
2015-03-31 $5.9B
2015-06-30 $5.9B
2015-09-30 $5.3B
2015-12-31 $5.2B
2016-03-31 $5.9B
2016-06-30 $6.1B
2016-09-30 $6.4B
2016-12-31 $6.8B
2017-03-31 $6.6B
2017-06-30 $6.4B
2017-09-30 $6.8B
2017-12-31 $6.8B
2018-03-31 $5.8B
2018-06-30 $5.9B
2018-09-30 $6B
2018-12-31 $4.8B
2019-03-31 $5.4B
2019-06-30 $5.1B
2019-09-30 $5B
2019-12-31 $4.8B
2020-03-31 $3.4B
2020-06-30 $3.9B
2020-09-30 $3.8B
2020-12-31 $4.3B
2021-03-31 $6B
2021-06-30 $5.1B
2021-09-30 $4.8B
2021-12-31 $5.2B
2022-03-31 $5.1B
2022-06-30 $3.3B
2022-09-30 $2.9B
2022-12-31 $3B
2023-03-31 $3.1B
2023-06-30 $3.1B
2023-09-30 $2.7B
2023-12-31 $2.8B
2024-03-31 $2.9B
2024-06-30 $2.7B
2024-09-30 $2.7B
2024-12-31 $2.7B
2025-03-31 $2.5B
2025-06-30 $2.8B
2025-09-30 $3.1B
2025-12-31 $3.4B
2026-03-31 $3.8B
2026-06-30 $4.1B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

CompanyShare of portfolioValueSharesChange in shares
RYRoyal Bank Of Canada8.03%$330.4m1.60M−6.5% Reduced
CNQCanadian Natural Resources Ltd3.76%$154.6m3.91M+13.2% Added
TDToronto Dominion Bank3.66%$150.5m1.24M−4.9% Reduced
AEMAgnico Eagle Mines LTD3.32%$136.7m880.4K+7.5% Added
SUSuncor Energy Inc2.98%$122.4m2.28M+27.1% Added
OTEXOpen Text Corp2.74%$112.8m5.10M+11.5% Added
BMOBank Of Montreal2.64%$108.6m614.9K−9.7% Reduced
CPCanadian Pacific Kansas City LTD2.49%$102.4m1.18M−3.4% Reduced
BGSIBoyd Group Services Inc.2.48%$102.0m1.08M+74.7% Added
AAPLApple Inc.2.46%$101.1m349.4K+4.4% Added
CMCanadian Imperial Bank Of Commerce2.20%$90.6m786.9K−4.4% Reduced
AVGOBroadcom2.18%$89.8m237.8K+5.7% Added
ASMLAsml Holding NV1.95%$80.4m40.4K+6.0% Added
GOOGLAlphabet Inc. (Class A)1.80%$74.1m207.5K+4.8% Added
MSFTMicrosoft Corporation1.75%$71.9m192.7K+9.8% Added
QSRRestaurant Brands International Inc.1.66%$68.4m942.7K−3.8% Reduced
GILGildan Activewear Inc.1.64%$67.6m1.31M+9.4% Added
WMBWilliams Companies1.59%$65.6m882.1K+6.2% Added
ENBEnbridge Inc1.53%$62.8m1.16M−6.7% Reduced
COSTCostco1.52%$62.5m66.8K+2.9% Added
SHOPShopify Inc.1.49%$61.1m534.5K+2.0% Added
MFCManulife Financial Corp1.36%$56.0m1.38M−5.8% Reduced
BNSBank Of Nova Scotia1.02%$41.9m483.2K−2.0% Reduced
FTSFortis Inc.1.01%$41.7m728.9K−2.1% Reduced
SLFSUN Life Financial Inc0.99%$40.9m521.2K+10.9% Added
JNJJohnson & Johnson0.97%$40.0m157.7K−0.4%
NVDANVIDIA Corporation0.96%$39.4m196.8K+75.0% Added
WPMWheaton Precious Metals Corp.0.92%$37.9m337.1K−0.7% Reduced
MCDMcDonald's0.91%$37.5m138.9K+2.2% Added
EQIXEquinix0.88%$36.3m34.8K+5.6% Added
AZNAstrazeneca PLC0.82%$33.6m177.2K+4.1% Added
BBarrick Mining Corp0.80%$32.9m896.2K+5.3% Added
METAMeta Platforms0.76%$31.1m55.2K+4.1% Added
MAMastercard0.74%$30.4m59.1K−0.4%
PHParker Hannifin0.72%$29.7m30.4K+33.7% Added
RSGRepublic Services0.72%$29.5m138.4K+4.9% Added
TJXTJX Companies0.71%$29.1m192.1K+5.3% Added
SHELShell plc0.68%$27.8m357.9K+6.2% Added
ABBVAbbVie0.65%$26.6m105.9K+7.4% Added
HIGThe Hartford0.64%$26.3m198.5K+5.1% Added
STNStantec Inc0.61%$25.3m366.2K−0.1%
WMWaste Management0.60%$24.7m110.6K+5.0% Added
NTRNutrien Ltd.0.59%$24.2m384.1K+28.9% Added
APHAmphenol0.59%$24.1m136.8K+5.4% Added
BAMBrookfield Asset Management Ltd.0.56%$23.0m512.3K+42.8% Added
HDThe Home Depot0.52%$21.3m60.3K+3.2% Added
GWWW. W. Grainger0.51%$21.0m15.4K+18.4% Added
LLYLilly (Eli)0.49%$20.3m16.9K+5.8% Added
PBAPembina Pipeline Corp0.49%$20.2m436.9K−2.0% Reduced
TRPTC Energy Corp0.45%$18.5m280.1K−1.0% Reduced
DRIDarden Restaurants0.42%$17.5m84.8K+4.9% Added
WECWEC Energy Group0.42%$17.1m146.6K+6.8% Added
AMZNAmazon0.41%$17.0m71.3K−0.6% Reduced
ORCLOracle Corporation0.41%$16.8m114.8K+6.1% Added
VSTVistra Corp.0.36%$15.0m94.5K+30.2% Added
JPMJPMorgan Chase0.34%$13.9m42.5K+0.9% Added
ITWIllinois Tool Works0.30%$12.5m46.1K+3.6% Added
APDAir Products0.30%$12.4m42.4K+3.9% Added
AMGNAmgen0.30%$12.2m33.8K+4.6% Added
WCNWaste Connections, Inc.0.29%$11.9m71.3K+1297.3% Added
PGProcter & Gamble0.27%$11.0m75.0K+4.5% Added
HBMHudbay Minerals Inc.0.26%$10.7m452.1K−0.4%
ULUnilever PLC0.22%$9.1m152.0K+4.8% Added
DSGXDescartes Systems Group Inc0.21%$8.8m127.4K−33.3% Reduced
VRTVertiv0.20%$8.3m24.8K−0.8% Reduced
UNHUnitedHealth Group0.20%$8.3m20.0K+3.4% Added
BKNGBooking Holdings0.19%$7.8m43.7K+2296.9% Added
LRCXLam Research0.16%$6.6m15.3K−37.7% Reduced
AFLAflac0.15%$6.4m54.4K−10.7% Reduced
VVisa Inc.0.15%$6.3m18.4K0.0%
CVECenovus Energy Inc.0.14%$5.9m239.6K0.0%
OSKOshkosh Corp0.14%$5.7m37.2K0.0%
ADIAnalog Devices0.14%$5.7m14.3K+8.0% Added
TSATTelesat Corp0.13%$5.4m107.0KNew
AMDAdvanced Micro Devices0.13%$5.3m9.2KNew
PANWPalo Alto Networks0.13%$5.2m15.3K−27.3% Reduced
CMECME Group0.13%$5.1m23.2K−14.7% Reduced
MPWRMonolithic Power Systems, Inc.0.12%$5.1m3.7K+1.4% Added
CDNSCadence Design Systems Inc0.12%$4.9m13.0K+0.1%
EMREmerson Electric0.12%$4.7m33.1K−16.0% Reduced
ISRGIntuitive Surgical0.11%$4.6m11.6K−1.3% Reduced
AMATApplied Materials0.11%$4.4m6.1K−29.8% Reduced
CBChubb Limited0.11%$4.4m13.0K+0.7% Added
YUMCYum China Holdings, Inc.0.10%$4.2m102.1K−18.1% Reduced
GBXGreenbrier Companies Inc0.10%$3.9m79.3K+101.7% Added
SHWSherwin-Williams0.09%$3.9m11.2K−0.2%
ILMNIllumina, Inc.0.09%$3.8m21.4K−18.3% Reduced
CLColgate-Palmolive0.09%$3.6m39.8K−15.1% Reduced
HSICHenry Schein0.09%$3.6m42.5K+2.5% Added
EQXEquinox Gold Corp.0.09%$3.5m357.0K0.0%
TXNTexas Instruments0.08%$3.4m11.5K−39.6% Reduced
DUKDuke Energy0.08%$3.4m27.0K−12.9% Reduced
TERTeradyne0.08%$3.2m6.7KNew
NFLXNetflix0.08%$3.2m44.6K+2.5% Added
MGAMagna International Inc0.08%$3.2m47.9K−10.5% Reduced
MKSIMKS Inc0.07%$3.1m7.0KNew
PLTRPalantir Technologies Inc.0.07%$3.0m25.9K+16.6% Added
ALCAlcon Inc0.07%$3.0m44.0K+44.7% Added
NOWServiceNow0.07%$2.9m29.6K−3.4% Reduced
TFIITFI International Inc.0.07%$2.8m19.8K−7.8% Reduced
SBUXStarbucks0.07%$2.8m27.4K−23.0% Reduced
ALLEAllegion0.07%$2.8m19.8K−3.9% Reduced
IMOImperial OIL LTD0.07%$2.8m24.7K−6.8% Reduced
CVXChevron Corporation0.06%$2.6m16.0K−32.0% Reduced
DISThe Walt Disney Company0.06%$2.6m27.2K−26.3% Reduced
WMTWalmart0.06%$2.5m22.5K+0.8% Added
AXPAmerican Express0.06%$2.5m7.5K−16.7% Reduced
RTXRTX Corporation0.06%$2.3m12.1K−38.8% Reduced
VRSKVerisk Analytics, Inc.0.06%$2.2m12.5K−15.5% Reduced
DHRDanaher Corporation0.05%$2.2m11.7K−25.0% Reduced
AMEAmetek0.05%$2.2m9.1K−3.8% Reduced
ADBEAdobe Inc.0.04%$1.8m8.9K−9.2% Reduced
ADPAutomatic Data Processing0.04%$1.8m7.9K−15.1% Reduced
NKENike, Inc.0.04%$1.7m42.3K−56.0% Reduced
MKTXMarketaxess Holdings Inc0.04%$1.7m15.3K−16.4% Reduced
TUTelus Corp0.03%$1.4m127.1K−0.4%
ATSATS Corp0.03%$1.3m46.4K−1.1% Reduced
TMOThermo Fisher Scientific0.03%$1.2m2.4K0.0%
WFGWest Fraser Timber Co., LTD0.03%$1.2m17.7K−1.1% Reduced
INTUIntuit0.03%$1.1m4.3K+12.4% Added
ACNAccenture0.03%$1.1m9.0K−16.7% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD0.03%$1.1m2.3K−2.9% Reduced
ROPRoper Technologies0.03%$1.1m3.2K0.0%
WABWabtec0.02%$905,0473.4K+12.7% Added
AZOAutoZone0.02%$885,275277−27.5% Reduced
MCOMoody's Corporation0.02%$737,8071.6K−74.1% Reduced
DECKDeckers Brands0.01%$579,2585.8K−7.1% Reduced
ZBHZimmer Biomet0.01%$534,7916.2K0.0%
EMAEmera Inc0.01%$474,2618.9K+8.3% Added
HSBCHsbc Holdings PLC0.01%$342,2293.6K+34.2% Added
TRIThomson Reuters Corp0.01%$235,4782.9KNew
CIGIColliers International Group Inc.0.01%$221,4812.4K−0.2%
AQNAlgonquin Power & Utilities Corp.0.00%$122,27720.8K0.0%
SKYDSkydance Corporation0.00%$104,53610.6KNew
CompanyBought (value)Shares
BGSIBoyd Group Services Inc.$43.6m460.6K
SUSuncor Energy Inc$26.1m484.9K
CNQCanadian Natural Resources Ltd$18.0m455.8K
NVDANVIDIA Corporation$16.9m84.3K
OTEXOpen Text Corp$11.7m527.1K
WCNWaste Connections, Inc.$11.0m66.2K
AEMAgnico Eagle Mines LTD$9.6m61.6K
PHParker Hannifin$7.5m7.7K
BKNGBooking Holdings$7.5m41.9K
BAMBrookfield Asset Management Ltd.$6.9m153.7K
MSFTMicrosoft Corporation$6.4m17.1K
GILGildan Activewear Inc.$5.8m112.8K
TSATTelesat Corp$5.4m107.0K
NTRNutrien Ltd.$5.4m86.2K
AMDAdvanced Micro Devices$5.3m9.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
RYRoyal Bank Of Canada−$22.9m−110.8K
MSIMotorola Solutions−$13.9m−31.9K
BMOBank Of Montreal−$11.6m−65.7K
TDToronto Dominion Bank−$7.8m−63.9K
ENBEnbridge Inc−$4.5m−82.8K
DSGXDescartes Systems Group Inc−$4.4m−63.5K
CMCanadian Imperial Bank Of Commerce−$4.2m−36.2K
LRCXLam Research−$4.0m−9.3K
CPCanadian Pacific Kansas City LTD−$3.6m−41.2K
MFCManulife Financial Corp−$3.4m−84.7K
QSRRestaurant Brands International Inc.−$2.7m−36.8K
TXNTexas Instruments−$2.2m−7.5K
NKENike, Inc.−$2.2m−53.9K
MCOMoody's Corporation−$2.1m−4.7K
PANWPalo Alto Networks−$2.0m−5.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
MSIMotorola Solutions$13.9m31.9K
CRHCRH plc$778,7297.4K
PEPPepsiCo$247,6881.6K
BCEBCE Inc$227,3439.0K
PTENPatterson UTI Energy Inc$150,77513.9K
  • Financials26.8%
  • Technology19.1%
  • Energy13.8%
  • Consumer Discretionary10.9%
  • Industrials8.4%
  • Materials7.5%
  • Health Care4.6%
  • Communication Services3.2%
  • Consumer Staples2.5%
  • Utilities2.2%
  • Real Estate1.0%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 10, 2012 to November 2, 2026+9.8%+14.5%0.540.82−40.2%0.88
2018 onwardsJanuary 5, 2018 to November 2, 2026+10.3%+13.9%0.490.66−40.2%0.84
Last three yearsNovember 3, 2023 to November 2, 2026+22.4%+21.8%1.491.16−9.5%0.59
Last yearNovember 7, 2025 to November 2, 2026+22.3%+14.2%1.650.84−7.4%0.53

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.