Canoe Financial LP
- SEC CIK
- 0001908219
- Latest filing
- Jul 16, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Jan 14, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 103
- −2 vs. Q3 2025
- Portfolio value
- $7.36B
- +$359.0M (+5.1%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 1,198,170 | $364.1M | 4.9% | −146,003−10.9% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 1,024,214 | $320.6M | 4.4% | −152,100−12.9% | Reduced | History |
| CNICanadian National Railway Co | Stock | 2,924,042 | $289.2M | 3.9% | +155,760+5.6% | Added | History |
| WFCWells Fargo & Company | Stock | 2,804,535 | $261.4M | 3.6% | +12,506+0.4% | Added | History |
| MSFTMicrosoft Corp | Stock | 522,481 | $252.7M | 3.4% | −21,900−4.0% | Reduced | History |
| OTISOtis Worldwide Corp | Stock | 2,787,870 | $243.5M | 3.3% | +375,914+15.6% | Added | History |
| MCOMoodys Corp | Stock | 425,922 | $217.6M | 3.0% | +13,780+3.3% | Added | History |
| CNQCanadian Natural Resources Ltd | COM | 5,588,945 | $189.3M | 2.6% | −132,088−2.3% | Reduced | History |
| MAMastercard Inc | Stock | 312,481 | $178.4M | 2.4% | +8,800+2.9% | Added | History |
| ICHGFIntercontinental Hotels Group PLC | Common Stock | 1,257,505 | $177.2M | 2.4% | +1,257,505 | New | History |
| ADIAnalog Devices Inc | Stock | 639,062 | $173.3M | 2.4% | −5,303−0.8% | Reduced | History |
| QSRRestaurant Brands International Inc. | COM | 2,489,553 | $169.9M | 2.3% | −33,714−1.3% | Reduced | History |
| AZOAutoZone Inc | COM | 49,391 | $167.5M | 2.3% | −2,355−4.6% | Reduced | History |
| LMTLockheed Martin Corp | Stock | 344,027 | $166.4M | 2.3% | +344,027 | New | History |
| TECKTeck Resources Ltd | CL B | 3,332,589 | $159.6M | 2.2% | −16,147−0.5% | Reduced | History |
| ICEIntercontinental Exchange, Inc. | Stock | 951,486 | $154.1M | 2.1% | +287,729+43.3% | Added | History |
| CVSCVS Health Corp | Stock | 1,899,163 | $150.7M | 2.0% | +194,555+11.4% | Added | History |
| CMECME Group Inc. | COM | 540,122 | $147.5M | 2.0% | −16,140−2.9% | Reduced | History |
| ROPRoper Technologies Inc | Stock | 328,020 | $146.0M | 2.0% | +89,436+37.5% | Added | History |
| ROSTRoss Stores, Inc. | COM | 792,576 | $142.8M | 1.9% | +2,199+0.3% | Added | History |
| VVisa Inc. | Stock | 386,604 | $135.6M | 1.8% | +2,690+0.7% | Added | History |
| MTBM&T Bank Corp | COM | 652,744 | $131.5M | 1.8% | +219,065+50.5% | Added | History |
| ELVElevance Health, Inc. | Stock | 370,662 | $129.9M | 1.8% | −18,737−4.8% | Reduced | History |
| TJXTJX Companies Inc | Stock | 825,317 | $126.8M | 1.7% | −33,000−3.8% | Reduced | History |
| RBARB Global Inc. | COM | 1,212,695 | $124.9M | 1.7% | −5,079−0.4% | Reduced | History |
| AEMAgnico Eagle Mines Ltd | Stock | 711,604 | $120.7M | 1.6% | −417,540−37.0% | Reduced | History |
| EQTEQT Corp | Stock | 2,211,775 | $118.6M | 1.6% | −255,950−10.4% | Reduced | History |
| AXPAmerican Express Co | Stock | 319,744 | $118.3M | 1.6% | −173,199−35.1% | Reduced | History |
| RYRoyal Bank of Canada | Stock | 691,320 | $117.9M | 1.6% | −334,797−32.6% | Reduced | History |
| MSCIMSCI Inc. | Stock | 200,031 | $114.8M | 1.6% | −9,800−4.7% | Reduced | History |
| SHWSherwin Williams Co | COM | 346,537 | $112.3M | 1.5% | +9,480+2.8% | Added | History |
| JNJJohnson & Johnson | Stock | 505,569 | $104.6M | 1.4% | +434,743+613.8% | Added | History |
| WPMWheaton Precious Metals Corp. | COM | 887,936 | $104.4M | 1.4% | −84,596−8.7% | Reduced | History |
| CVECenovus Energy Inc. | COM | 6,068,200 | $102.7M | 1.4% | +6,068,200 | New | History |
| PMPhilip Morris International Inc. | Stock | 621,238 | $99.6M | 1.4% | −394,353−38.8% | Reduced | History |
| EFXTEnerflex Ltd. | COM | 6,157,845 | $94.9M | 1.3% | −5,369−0.1% | Reduced | History |
| WTWWillis Towers Watson PLC | SHS | 260,128 | $85.5M | 1.2% | +2,539+1.0% | Added | History |
| BRK.BBerkshire Hathaway Inc | Stock | 162,228 | $81.5M | 1.1% | +889+0.6% | Added | History |
| MTDMettler Toledo International Inc | COM | 53,864 | $75.1M | 1.0% | −2,260−4.0% | Reduced | History |
| TDToronto Dominion Bank | Stock | 721,113 | $68.0M | 0.9% | −122,833−14.6% | Reduced | History |
| ASMLFASML Holding NV | COM | 60,890 | $65.9M | 0.9% | −7,400−10.8% | Reduced | History |
| COFCapital One Financial Corp | Stock | 270,753 | $65.6M | 0.9% | −108,136−28.5% | Reduced | History |
| CARRCarrier Global Corp | Stock | 1,195,050 | $63.1M | 0.9% | +1,026,147+607.5% | Added | History |
| DGEAFDiageo PLC | COM | 2,828,894 | $61.1M | 0.8% | +2,828,894 | New | History |
| TXNTexas Instruments Inc | Stock | 339,674 | $58.9M | 0.8% | +339,674 | New | History |
| RRCRange Resources Corp | COM | 1,573,309 | $56.3M | 0.8% | +182,000+13.1% | Added | History |
| SLBSLB Limited | Stock | 1,138,154 | $45.0M | 0.6% | +1,138,154 | New | History |
| CBChubb Ltd | Stock | 143,043 | $44.6M | 0.6% | +592+0.4% | Added | History |
| BGSIBoyd Group Services Inc. | Common Stock | 271,102 | $43.2M | 0.6% | +271,102 | New | History |
| RCIRogers Communications Inc | CL B | 1,138,837 | $43.0M | 0.6% | −258,074−18.5% | Reduced | History |
| GGGGraco Inc | COM | 486,374 | $39.9M | 0.5% | −68,000−12.3% | Reduced | History |
| SPGIS&P Global Inc. | Stock | 72,704 | $38.0M | 0.5% | −1,680−2.3% | Reduced | History |
| ICLRIcon PLC | COM | 193,917 | $35.3M | 0.5% | −4,053−2.0% | Reduced | History |
| FISVFiserv Inc | Stock | 490,985 | $33.0M | 0.4% | +72,566+17.3% | Added | History |
| EMREmerson Electric Co | Stock | 239,846 | $31.8M | 0.4% | +1,259+0.5% | Added | History |
| MARMarriott International Inc | Stock | 101,755 | $31.6M | 0.4% | −3,786−3.6% | Reduced | History |
| NOCNorthrop Grumman Corp | Stock | 52,222 | $29.8M | 0.4% | −26,042−33.3% | Reduced | History |
| AONAon plc | CL A | 77,749 | $27.4M | 0.4% | −1,480−1.9% | Reduced | History |
| ALCAlcon Inc | Stock | 332,828 | $26.6M | 0.4% | −7,900−2.3% | Reduced | History |
| Unilever PLCG92087165 | COM | 336,148 | $22.0M | 0.3% | +336,148 | New | – |
| HDBHDFC Bank Ltd | SPONSORED ADS | 586,480 | $21.4M | 0.3% | −49,700−7.8% | Reduced | History |
| UNHUnitedHealth Group Inc | Stock | 47,217 | $15.6M | 0.2% | −273,834−85.3% | Reduced | History |
| LINLinde PLC | Stock | 32,838 | $14.0M | 0.2% | +2,000+6.5% | Added | History |
| HLTHilton Worldwide Holdings Inc. | COM | 46,807 | $13.4M | 0.2% | −4,180−8.2% | Reduced | History |
| LOWLowes Companies Inc | Stock | 55,044 | $13.3M | 0.2% | −31,180−36.2% | Reduced | History |
| PEPPepsiCo Inc | Stock | 86,240 | $12.4M | 0.2% | −2,900−3.3% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 52,700 | $12.2M | 0.2% | +52,700 | New | History |
| CPRTCopart Inc | COM | 291,627 | $11.4M | 0.2% | +12,300+4.4% | Added | History |
| ORCLOracle Corp | Stock | 57,678 | $11.2M | 0.2% | −457,320−88.8% | Reduced | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 11,999 | $10.1M | 0.1% | −1,127−8.6% | Reduced | History |
| EXEExpand Energy Corp | COM | 82,004 | $8.82M | 0.1% | −136,933−62.5% | Reduced | History |
| Volution Group PLCG93824103 | Common Stock | 949,746 | $8.25M | 0.1% | +949,746 | New | – |
| CLColgate Palmolive Co | Stock | 96,046 | $7.59M | 0.1% | −3,600−3.6% | Reduced | History |
| FDSFactset Research Systems Inc | Stock | 24,755 | $7.18M | 0.1% | 00.0% | Unchanged | History |
| STNStantec Inc | COM | 73,848 | $6.97M | 0.1% | −1,357−1.8% | Reduced | History |
| AGIAlamos Gold Inc | Stock | 180,127 | $6.96M | 0.1% | −60,373−25.1% | Reduced | History |
| NKENIKE, Inc. | Stock | 108,620 | $6.92M | 0.1% | +7,000+6.9% | Added | History |
| VanEck ETF Trust92189F791 | JUNIOR GOLD MINE | 54,201 | $6.17M | 0.1% | −8,370−13.4% | Reduced | – |
| GIBCgi Inc | CL A | 66,272 | $6.12M | 0.1% | −675−1.0% | Reduced | History |
| DSGXDescartes Systems Group Inc | COM | 69,455 | $6.09M | 0.1% | +9,400+15.7% | Added | History |
| RALRalliant Corp | Stock | 111,303 | $5.67M | 0.1% | 00.0% | Unchanged | History |
| CIGIColliers International Group Inc. | SUB VTG SHS | 38,370 | $5.64M | 0.1% | −1,810−4.5% | Reduced | History |
| KGCKinross Gold Corp | COM | 161,759 | $4.56M | 0.1% | −36,612−18.5% | Reduced | History |
| FSVFirstService Corp | COM | 28,344 | $4.41M | 0.1% | −1,972−6.5% | Reduced | History |
| EFXEquifax Inc | COM | 20,094 | $4.36M | 0.1% | +7,365+57.9% | Added | History |
| NTBBank of N.T. Butterfield & Son Ltd | SHS NEW | 64,395 | $3.21M | <0.1% | −3,363−5.0% | Reduced | History |
| SYFSynchrony Financial | COM | 34,784 | $2.90M | <0.1% | −1,043−2.9% | Reduced | History |
| JKHYJack Henry & Associates Inc | Stock | 15,457 | $2.82M | <0.1% | +996+6.9% | Added | History |
| ADBEAdobe Inc. | Stock | 8,000 | $2.80M | <0.1% | −12,266−60.5% | Reduced | History |
| GRTUFGranite Real Estate Investment Trust | TR UNIT NEW | 44,256 | $2.63M | <0.1% | +5,156+13.2% | Added | History |
| ATSATS Corp | COM | 80,600 | $2.22M | <0.1% | +1,723+2.2% | Added | History |
| WCNWaste Connections, Inc. | COM | 12,000 | $2.10M | <0.1% | 00.0% | Unchanged | History |
| CICigna Group | Stock | 7,550 | $2.08M | <0.1% | +2,117+39.0% | Added | History |
| EROEro Copper Corp. | COM | 64,358 | $1.82M | <0.1% | +13,596+26.8% | Added | History |
| ZTSZoetis Inc. | Stock | 13,676 | $1.72M | <0.1% | +1,546+12.7% | Added | History |
| TFIITFI International Inc. | COM | 16,200 | $1.67M | <0.1% | 00.0% | Unchanged | History |
| RGLDRoyal Gold Inc | Stock | 6,210 | $1.38M | <0.1% | −6,031−49.3% | Reduced | History |
| VNOMViper Energy, Inc. | CL A | 25,000 | $965.8K | <0.1% | +25,000 | New | History |
| UNPUnion Pacific Corp | Stock | 1,873 | $433.3K | <0.1% | +977+109.0% | Added | History |
| TMOThermo Fisher Scientific Inc. | Stock | 732 | $424.2K | <0.1% | −8,268−91.9% | Reduced | History |
Sold out since Q3 2025 (14)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| SYYSysco Corp | Stock | 1,427,181 | $117.5M | 1.7% | History |
| CRMSalesforce, Inc. | Stock | 244,683 | $58.0M | 0.8% | History |
| BTEBaytex Energy Corp. | COM | 8,304,327 | $19.5M | 0.3% | History |
| SUSuncor Energy Inc | Stock | 155,300 | $7.06M | 0.1% | History |
| DEODiageo PLC | SPON ADR NEW | 45,000 | $4.29M | 0.1% | History |
| iShares MSCI Eafe ETF464287465 | ETF | 45,701 | $4.16M | 0.1% | – |
| SPDR Series Trust78468R556 | SP O&G EXPL PRO | 4,488 | $869.6K | <0.1% | – |
| HIIHuntington Ingalls Industries, Inc. | COM | 2,639 | $759.8K | <0.1% | History |
| FERGFerguson Enterprises Inc. | COMMON STOCK NEW | 2,772 | $622.5K | <0.1% | History |
| ABNBAirbnb, Inc. | Stock | 4,866 | $590.8K | <0.1% | History |
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | 12,000 | $570.0K | <0.1% | – |
| Invesco QQQ Trust Series I46090E103 | ETF | 107 | $79.4K | <0.1% | – |
| Global X Uranium ETF37954Y871 | ETF | 395 | $47.4K | <0.1% | – |
| IMOImperial Oil Ltd | COM NEW | 2,900 | $45.4K | <0.1% | History |