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Livermore
Livermore
ZHEN

Canoe Financial LP

SEC CIK
0001908219
Latest filing
Jul 16, 2026

Holdings in Q1 2024

Holdings as of Mar 31, 2024, filed May 8, 2024. Long positions only; changes compare share counts with Q4 2023.

Institution overview
Positions
102
−37 vs. Q4 2023
Portfolio value
$6.07B
+$972.1M (+19.1%) vs. Q4 2023
Filed
May 8, 2024
AmendedSEC
Holdings of Canoe Financial LP in Q1 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock621,147$261.3M4.3%+621,147NewHistory
UNHUnitedHealth Group IncStock509,098$251.9M4.2%+345,959+212.1%AddedHistory
DGEAFDiageo PLCCOM6,802,658$251.2M4.1%+6,802,658NewHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR1,709,737$232.6M3.8%+1,709,737NewHistory
AXPAmerican Express CoStock879,800$200.3M3.3%−7,849−0.9%ReducedHistory
GOOGLAlphabet Inc.Stock1,314,715$198.4M3.3%+1,314,715NewHistory
AZOAutoZone IncCOM58,296$183.7M3.0%+58,296NewHistory
MAMastercard IncStock363,596$175.1M2.9%+363,596NewHistory
ELVElevance Health, Inc.Stock332,700$172.5M2.8%−3,422−1.0%ReducedHistory
WFCWells Fargo & CompanyStock2,946,348$170.8M2.8%−26,374−0.9%ReducedHistory
MCOMoodys CorpStock428,692$168.5M2.8%+428,692NewHistory
LOWLowes Companies IncStock602,230$153.4M2.5%+250,496+71.2%AddedHistory
QSRRestaurant Brands International Inc.COM1,889,014$150.1M2.5%−21,596−1.1%ReducedHistory
RYRoyal Bank of CanadaStock1,291,012$130.3M2.1%−19,591−1.5%ReducedHistory
ICHGFIntercontinental Hotels Group PLCCommon Stock1,217,045$126.6M2.1%+1,217,045NewHistory
AEMAgnico Eagle Mines LtdStock2,098,161$125.2M2.1%−29,840−1.4%ReducedHistory
PMPhilip Morris International Inc.Stock1,281,243$117.4M1.9%−304,852−19.2%ReducedHistory
TJXTJX Companies IncStock1,094,226$111.0M1.8%+1,089,226+21,784.5%AddedHistory
SHWSherwin Williams CoCOM319,018$110.8M1.8%+319,018NewHistory
CVSCVS Health CorpStock1,369,374$109.2M1.8%+555,745+68.3%AddedHistory
GEGeneral Electric CoStock599,693$105.3M1.7%−5,450−0.9%ReducedHistory
OTISOtis Worldwide CorpStock1,018,485$101.1M1.7%+1,018,485NewHistory
CMECME Group Inc.COM457,381$98.5M1.6%+457,381NewHistory
RBARB Global Inc.COM1,163,182$88.6M1.5%+119,611+11.5%AddedHistory
EMREmerson Electric CoStock759,828$86.2M1.4%−96,712−11.3%ReducedHistory
WPMWheaton Precious Metals Corp.COM1,815,369$85.5M1.4%−25,476−1.4%ReducedHistory
JNJJohnson & JohnsonStock532,714$84.3M1.4%+296,465+125.5%AddedHistory
SBUXStarbucks CorpStock919,876$84.1M1.4%+919,876NewHistory
DFSDiscover Financial ServicesCOM637,241$83.5M1.4%−5,689−0.9%ReducedHistory
CVECenovus Energy Inc.COM3,901,150$80.3M1.3%+3,529,699+950.2%AddedHistory
MSCIMSCI Inc.Stock142,757$80.0M1.3%+142,757NewHistory
ROSTRoss Stores, Inc.COM538,749$79.1M1.3%−23,331−4.2%ReducedHistory
ADIAnalog Devices IncStock393,503$77.8M1.3%+62,780+19.0%AddedHistory
MTDMettler Toledo International IncCOM56,644$75.4M1.2%+56,644NewHistory
Barrick Gold Corp067901108COM4,509,830$75.0M1.2%−40,067−0.9%Reduced–
BRK.BBerkshire Hathaway IncStock176,173$74.1M1.2%−2,496−1.4%ReducedHistory
FDXFedEx CorpStock246,224$71.3M1.2%−152,807−38.3%ReducedHistory
LBRTLiberty Energy Inc.COM CL A3,425,195$71.0M1.2%+3,425,195NewHistory
MGAMagna International IncCOM1,257,326$68.5M1.1%−13,409−1.1%ReducedHistory
MTBM&T Bank CorpCOM454,554$66.1M1.1%+454,554NewHistory
NOCNorthrop Grumman CorpStock135,423$64.8M1.1%+135,423NewHistory
CPCanadian Pacific Kansas City LtdCOM695,312$61.3M1.0%−190,170−21.5%ReducedHistory
GGGGraco IncCOM642,152$60.0M1.0%+642,152NewHistory
EFXTEnerflex Ltd.COM7,854,175$45.7M0.8%−39,639−0.5%ReducedHistory
RRCRange Resources CorpCOM1,238,109$42.6M0.7%−464,791−27.3%ReducedHistory
FITBFifth Third BancorpCOM1,106,670$41.2M0.7%−9,728−0.9%ReducedHistory
RCIRogers Communications IncCL B990,863$40.6M0.7%+87,601+9.7%AddedHistory
CBChubb LtdStock156,424$40.5M0.7%−2,196−1.4%ReducedHistory
FISVFiserv IncStock253,011$40.4M0.7%+22,169+9.6%AddedHistory
UNPUnion Pacific CorpStock162,385$39.9M0.7%−468,299−74.3%ReducedHistory
ASMLFASML Holding NVCOM38,011$36.6M0.6%+38,011NewHistory
CNQCanadian Natural Resources LtdCOM475,411$36.3M0.6%+28,756+6.4%AddedHistory
FNVFranco Nevada CorpStock262,130$31.2M0.5%−2,177−0.8%ReducedHistory
SAPGFSAP SECOM156,355$30.4M0.5%+156,355NewHistory
FTVFortive CorpStock348,340$30.0M0.5%−8,869−2.5%ReducedHistory
SLFSun Life Financial IncCOM535,487$29.2M0.5%−9,303−1.7%ReducedHistory
SPGIS&P Global Inc.Stock66,784$28.4M0.5%+66,784NewHistory
SLBSLB LimitedStock442,800$24.3M0.4%+442,800NewHistory
ATSATS CorpCOM686,879$23.1M0.4%−12,676−1.8%ReducedHistory
LINLinde PLCStock40,836$19.0M0.3%+40,836NewHistory
PEPPepsiCo IncStock98,467$17.2M0.3%+98,467NewHistory
AONAon plcCL A51,509$17.2M0.3%+51,509NewHistory
SPDR Series Trust78468R549SP O&G EQP SERV182,500$17.0M0.3%+182,500New–
CCJCameco CorpStock362,458$15.7M0.3%−827,727−69.5%ReducedHistory
HDBHDFC Bank LtdSPONSORED ADS279,398$15.6M0.3%+279,398NewHistory
ORCLOracle CorpStock124,409$15.6M0.3%+124,409NewHistory
ADBEAdobe Inc.Stock23,206$11.7M0.2%+23,206NewHistory
CARRCarrier Global CorpStock201,350$11.7M0.2%+201,350NewHistory
FDSFactset Research Systems IncStock23,944$10.9M0.2%+23,944NewHistory
MIDDMIDDLEBY CorpCOM67,039$10.8M0.2%+67,039NewHistory
BDXBecton Dickinson & CoStock42,778$10.6M0.2%+42,778NewHistory
NKENIKE, Inc.Stock90,415$8.50M0.1%+90,415NewHistory
CNCCentene CorpStock102,466$8.04M0.1%−303,516−74.8%ReducedHistory
STNStantec IncCOM95,381$7.92M0.1%−14,227−13.0%ReducedHistory
CLColgate Palmolive CoStock82,042$7.39M0.1%+82,042NewHistory
CNICanadian National Railway CoStock55,379$7.29M0.1%+48,193+670.7%AddedHistory
FSLRFirst Solar, Inc.Stock40,300$6.80M0.1%+40,300NewHistory
ENPHEnphase Energy, Inc.Stock56,100$6.79M0.1%+56,100NewHistory
DSGXDescartes Systems Group IncCOM66,838$6.12M0.1%−541−0.8%ReducedHistory
CIGIColliers International Group Inc.SUB VTG SHS43,577$5.33M0.1%−728−1.6%ReducedHistory
FSVFirstService CorpCOM30,045$4.98M0.1%+533+1.8%AddedHistory
KVUEKenvue Inc.Stock187,444$4.02M0.1%−1,743,916−90.3%ReducedHistory
Granite Real Estate Invt Tr387437114UNIT 99/99/999969,735$3.98M0.1%−3,507−4.8%Reduced–
TFIITFI International Inc.COM22,119$3.53M0.1%−2,430−9.9%ReducedHistory
TDToronto Dominion BankStock57,571$3.48M0.1%−1,880,054−97.0%ReducedHistory
VanEck ETF Trust92189F791JUNIOR GOLD MINE81,945$3.17M0.1%+32,830+66.8%Added–
AGIAlamos Gold IncStock196,855$2.90M<0.1%−15,219−7.2%ReducedHistory
RGLDRoyal Gold IncStock21,004$2.56M<0.1%−2,511−10.7%ReducedHistory
WCNWaste Connections, Inc.COM13,500$2.32M<0.1%−2,300−14.6%ReducedHistory
NTRNutrien Ltd.COM36,500$1.98M<0.1%00.0%UnchangedHistory
Volution Group PLCG93824103Common Stock360,500$1.98M<0.1%+360,500New–
OTEXOpen Text CorpCOM49,415$1.92M<0.1%−10,700−17.8%ReducedHistory
BNBROOKFIELD CorpCL A LTD VT SH38,145$1.60M<0.1%−40,400−51.4%ReducedHistory
TRPTC Energy CorpCOM39,360$1.58M<0.1%−40,500−50.7%ReducedHistory
ENBEnbridge IncStock41,447$1.50M<0.1%00.0%UnchangedHistory
SUSuncor Energy IncStock40,211$1.48M<0.1%−25,000−38.3%ReducedHistory
VanEck ETF Trust92189F106GOLD MINERS ETF43,715$1.38M<0.1%−48,069−52.4%Reduced–
SPYSPDR S&P 500 ETF TrustETF15,440$1.35M<0.1%+9,090+143.1%AddedHistory
EROEro Copper Corp.COM36,933$712.4K<0.1%−7,630−17.1%ReducedHistory
KGCKinross Gold CorpCOM98,517$604.6K<0.1%−4,673−4.5%ReducedHistory

Sold out since Q4 2023 (76)

Positions held at the end of Q4 2023 that are gone from this filing.

Positions of Canoe Financial LP sold out since Q4 2023
SecurityClassShares in Q4 2023Value in Q4 2023% of portfolio in Q4 2023History
TRMLFTourmaline Oil CorpCOM5,763,856$259.2M5.1%History
Arc Resources Ltd00208D408COM15,075,420$223.8M4.4%–
PREKFPrairieSky Royalty LtdCOM9,330,880$163.4M3.2%History
Secure Energy Services, Inc.81373C102COM21,222,586$153.4M3.0%–
Paramount Resources Ltd Cl A699320206COM5,974,039$116.8M2.3%–
MDLZMondelez International, Inc.Stock1,449,918$105.0M2.1%History
Intact Financial45823T106Common/Ordinary606,984$93.4M1.8%–
Headwater Exploration Inc422096107Common Stock18,936,270$89.3M1.8%–
TPZEFTopaz Energy Corp.Common Stock5,623,554$82.2M1.6%History
Trican Well Service Ltd895945103Common Stock24,902,928$77.4M1.5%–
WSP Global Inc92938W202Common/Ordinary460,964$64.6M1.3%–
Meg Energy552704108COM3,379,588$60.4M1.2%–
Crew Energy226533107COM15,988,100$54.8M1.1%–
PARXFParex Resources Inc.COMMON2,853,500$53.7M1.1%History
Definity Financial Corp24477T100SN1,772,103$50.2M1.0%–
Empirecoltd291843407Common/Ordinary1,389,272$36.7M0.7%–
VLOValero Energy CorpStock266,000$34.6M0.7%History
TMTNFToromont Industries Ltd.Common/Ordinary387,229$33.9M0.7%History
MPCMarathon Petroleum CorpStock226,500$33.6M0.7%History
Altius Renewable Royalties CRP02156G102Foreign Ordinary Shares4,197,000$25.0M0.5%–
Kelt Exploration Ltd488295106Common Stock4,963,100$21.4M0.4%–
WCPRFWhitecap Resources Inc.COM2,712,693$18.2M0.4%History
DLMAFDollarama Inc.Common/Ordinary241,405$17.4M0.3%History
PHX Energy Services Corp69338U101Common Stock2,074,200$12.7M0.2%–
EQTEQT CorpStock212,700$8.22M0.2%History
Iafinancialcorp45075E104COMMON115,997$7.91M0.2%–
BGSIBoyd Group Services Inc.Common Stock37,016$7.78M0.2%History
Eqb Inc26886R104Common Stock87,801$5.78M0.1%–
Andlauer Healthcare Group Inc034223107Common Stock176,155$5.45M0.1%–
Richelieu Hardware Ltd76329W103Common Stock145,226$5.26M0.1%–
Quebecorincb748193208Common/Ordinary218,065$5.19M0.1%–
ELEEFElement Fleet Management Corp.CORP COM299,442$4.87M0.1%History
SWNSouthwestern Energy CoCOM730,000$4.78M0.1%History
SNC-Lavalin Group Inc78460T105Common Stock148,064$4.77M0.1%–
Altagas Ltd021361100COM224,527$4.71M0.1%–
SVAUFStorageVault Canada Inc.Common Stock1,108,894$4.38M0.1%History
STLJFStella-Jones Inc.Common Stock74,944$4.36M0.1%History
FINGFFinning International Inc.SN137,225$3.97M0.1%History
BMO Laddered PFD SH Index ETF05581T102ETP541,700$3.73M0.1%–
Savaria Corp805112109Common Stock298,240$3.41M0.1%–
Sleep Country Cda Holdings Inc83125J104Common Stock171,232$3.31M0.1%–
Canadian Western Bank13677F101Common Stock140,174$3.27M0.1%–
Mullen Group Ltd625284104Common Stock307,107$3.25M0.1%–
BMOBank of MontrealCOM32,605$3.23M0.1%History
Canadianapartmen134921105Equities86,800$3.20M0.1%–
TWC Enterprises Ltd87310A109Common Stock254,383$3.16M0.1%–
National Bank of Canada633067103COM38,615$2.94M0.1%–
Cclindustriesinc124900309Common/Ordinary60,361$2.71M0.1%–
Keyera Corp493271100Common/Ordinary112,000$2.71M0.1%–
Calian Group Ltd12989J108Common Stock54,507$2.36M<0.1%–
Spin Master Corp848510103Common Stock87,023$2.29M<0.1%–
HONHoneywell International IncCOM10,000$2.10M<0.1%History
Gdi Integrated Facil361569205COM70,789$1.95M<0.1%–
Superior Plus Corp86828P103COMM262,400$1.91M<0.1%–
Lycos Energy Inc55082H206Common Stock738,767$1.84M<0.1%–
Constellation Software Inc21037X100COM720$1.79M<0.1%–
Ag Growth International Inc001181106COM38,500$1.47M<0.1%–
Linamar Corp F53278L107COM30,029$1.45M<0.1%–
CMCanadian Imperial Bank of CommerceCOM29,000$1.40M<0.1%History
Cargojet Inc14179V503COM VARIABLE VTG15,493$1.39M<0.1%–
ATZAFAritzia Inc.COMMON65,609$1.36M<0.1%History
Enerplus Corp292766102COM88,130$1.35M<0.1%–
Boralex Inc09950M300Common Stock52,000$1.32M<0.1%–
K-Bro Linen Inc48243M107Common Stock47,575$1.18M<0.1%–
VanEck ETF Trust92189H607OIL SERVICES ETF2,525$1.09M<0.1%–
Lundin Mining Corp550372106COM118,311$967.9K<0.1%–
Park Lawn Corp700563208Common Stock60,354$899.1K<0.1%–
Tricon Residential Inc Com NPV89612W102COM98,550$897.0K<0.1%–
PRBZFPremium Brands Holdings CorpCommon Stock10,233$726.2K<0.1%History
Jamieson Wellness Inc470748104COMMON26,562$636.1K<0.1%–
Shawcor Ltd820439107Common Stock54,079$618.7K<0.1%–
iShares S&P/TSX CDN46431G205PRF COM75,000$609.0K<0.1%–
Trisura Group Ltd89679A209COM23,239$596.3K<0.1%–
ASHAshland Inc.COM6,003$506.1K<0.1%History
Parkland Corporation70137W108Foreign Ordinary Shares13,859$446.7K<0.1%–
Rubellite Energy Inc78111B206Common Stock75,000$113.8K<0.1%–