Location: Winnipeg, Manitoba, Canada
CIK: 0001518235 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Jan 22, 2026
Total Value: $4.454B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| SAPIF | Saputo Inc. | 5,525,855 | $228M | 5.1% | $41.31 * | $18.99 | +58.3% | COM | 802912105 |
| MFC | Manulife Financial Corp. | 4,569,808 | $228M | 5.1% | $49.84 * | $17.86 | +103.2% | COM | 56501R106 |
| GIL | Gildan Activewear Inc. | 2,543,896 | $218M | 4.9% | $85.79 * | $28.38 | +120.1% | COM | 375916103 |
| CM | Canadian Imperial Bank of Commerce | 1,736,864 | $216M | 4.9% | $124.43 * | $37.65 | +140.7% | COM | 136069101 |
| SU | Suncor Energy Inc. | 3,500,373 | $213M | 4.8% | $60.92 * | $20.61 | +115.2% | COM | 867224107 |
| RY | Royal Bank of Canada | 879,128 | $206M | 4.6% | $233.99 * | $72.14 | +136.3% | COM | 780087102 |
| BNS | Bank of Nova Scotia | 1,997,649 | $202M | 4.5% | $101.23 * | $38.74 | +90.2% | COM | 064149107 |
| BN | Brookfield Corp. | 3,077,748 | $194M | 4.4% | $63.02 * | $28.27 | +62.3% | COM | 11271J107 |
| TRP | TC Energy Corp. | 2,396,890 | $181M | 4.1% | $75.58 * | $35.71 | +54.1% | COM | 87807B107 |
| BMO | Bank of Montreal | 988,492 | $176M | 4.0% | $178.25 * | $53.12 | +144.4% | COM | 063671101 |
| CDNAF | Canadian Tire Corp. Ltd. - Cla | 985,701 | $171M | 3.8% | $173.94 * | $106.77 | +18.6% | COM | 136681202 |
| PBA | Pembina Pipeline Corp. | 3,274,336 | $171M | 3.8% | $52.29 * | $25.90 | +47.0% | COM | 706327103 |
| CP | Canadian Pacific Kansas City Ltd. | 1,549,556 | $157M | 3.5% | $101.05 * | $81.23 | -9.4% | COM | 13646K108 |
| IFCZF | Intact Financial Corp | 534,672 | $153M | 3.4% | $285.73 * | $192.66 | +7.9% | COM | 45823T106 |
| CNI | Canadian National Railway Co. | 974,350 | $132M | 3.0% | $135.75 * | $89.11 | +10.9% | COM | 136375102 |
| ELEEF | Element Fleet Management Corp. | 3,566,874 | $129M | 2.9% | $36.05 * | $20.51 | +27.7% | COM | 286181201 |
| SLF | Sun Life Financial Inc. | 1,074,314 | $92.05M | 2.1% | $85.68 * | $47.40 | +31.6% | COM | 866796105 |
| AMAT | Applied Materials Inc. | 202,845 | $71.51M | 1.6% | $352.52 * | $101.38 | +153.5% | COM | 038222105 |
| CMI | Cummins Inc. | 95,871 | $67.13M | 1.5% | $700.21 * | $185.26 | +175.5% | COM | 231021106 |
| ABBV | AbbVie Inc. | 191,836 | $60.13M | 1.4% | $313.43 * | $124.99 | +82.8% | COM | 00287Y109 |
| ENB | Enbridge Inc. | 884,856 | $58.12M | 1.3% | $65.68 * | $24.97 | +89.0% | COM | 29250N105 |
| WFC | Wells Fargo & Co. | 450,511 | $57.6M | 1.3% | $127.85 * | $36.16 | +157.7% | COM | 949746101 |
| SIEGY | Siemens AG - ADR | 277,659 | $53.3M | 1.2% | $191.98 * | $98.65 | +41.9% | SPONSORED ADR | 826197501 |
| BKNG | Booking Holdings Inc. | 7,107 | $52.21M | 1.2% | $7346.13 * | $3705.95 | +44.5% | COM | 09857L108 |
| TMUS | T-Mobile US Inc. | 176,744 | $49.23M | 1.1% | $278.52 * | $145.35 | +39.7% | COM | 872590104 |
| NEE | NextEra Energy Inc. | 432,636 | $47.64M | 1.1% | $110.12 * | $55.44 | +44.8% | COM | 65339F101 |
| URI | United Rentals Inc. | 41,773 | $46.38M | 1.0% | $1110.18 * | $706.44 | +14.6% | COM | 911363109 |
| NTR | Nutrien Ltd. | 526,307 | $44.59M | 1.0% | $84.72 * | $54.95 | +12.3% | COM | 67077M108 |
| MRK | Merck & Co. Inc. | 304,534 | $43.97M | 1.0% | $144.39 * | $70.35 | +49.6% | COM | 58933Y105 |
| NXPI | NXP Semiconductors NV | 144,019 | $42.88M | 1.0% | $297.75 * | $220.13 | -1.4% | SPONSORED ADR | N6596X109 |
| SBGSY | Schneider Electric SE - ADR | 566,826 | $42.71M | 1.0% | $75.36 * | $50.76 | +8.2% | SPONSORED ADR | 80687P106 |
| BOWFF | Boardwalk Real Estate Investment | 656,695 | $42.34M | 1.0% | $64.48 | $44.73 | — | COM | 096631106 |
| APD | Air Products & Chemicals Inc. | 124,278 | $42.11M | 0.9% | $338.85 * | $234.22 | +4.7% | COM | 009158106 |
| HD | Home Depot Inc./The | 87,850 | $41.47M | 0.9% | $472.02 * | $314.39 | +9.4% | COM | 437076102 |
| TSM | Taiwan Semiconductor Manufacturing Co. Ltd. | 98,806 | $41.19M | 0.9% | $416.86 * | $258.61 | +17.5% | SPONSORED ADR | 874039100 |
| ENLAY | Enel SpA - ADR | 2,806,452 | $39.96M | 0.9% | $14.24 * | $7.35 | +41.1% | SPONSORED ADR | 29265W207 |
| MDT | Medtronic PLC | 295,210 | $38.9M | 0.9% | $131.77 * | $80.15 | +19.9% | SPONSORED ADR | G5960L103 |
| HON | Honeywell International Inc. | 138,726 | $37.12M | 0.8% | $267.61 * | $115.60 | +68.8% | COM | 438516106 |
| MSFT | Microsoft Corp. | 55,217 | $36.63M | 0.8% | $663.40 * | $496.74 | -2.6% | COM | 594918104 |
| ORCL | Oracle Corp. | 133,990 | $35.82M | 0.8% | $267.37 * | $44.33 | +339.7% | COM | 68389X105 |
| UL | Unilever PLC - ADR | 383,058 | $34.36M | 0.8% | $89.71 * | $67.26 | -2.8% | SPONSORED ADR | 904767803 |
| AVGO | Broadcom Inc. | 70,413 | $33.43M | 0.8% | $474.76 * | $145.76 | +137.4% | COM | 11135F101 |
| BDX | Becton Dickinson and Co. | 123,084 | $32.77M | 0.7% | $266.21 * | $224.97 | -13.7% | COM | 075887109 |
| CARR | Carrier Global Corp. | 410,196 | $29.73M | 0.7% | $72.48 * | $66.40 | -20.4% | COM | 14448C104 |
| SAP | SAP SE - ADR | 83,841 | $27.94M | 0.6% | $333.21 * | $126.30 | +92.3% | SPONSORED ADR | 803054204 |
| GRTUF | Granite Real Estate Investment Trust | 280,215 | $22.9M | 0.5% | $81.71 | $48.42 | — | COM | 387437205 |
| USB | US Bancorp | 285,196 | $20.88M | 0.5% | $73.20 * | $45.19 | +18.1% | COM | 902973304 |
| ETR | Entergy Corp. | 148,190 | $18.79M | 0.4% | $126.79 * | $88.08 | +4.9% | COM | 29364G103 |
| EQIX | Equinix Inc. | 16,275 | $17.1M | 0.4% | $1050.97 * | $740.66 | +3.4% | COM | 29444U700 |
| EMA | Emera Inc. | 217,825 | $14.73M | 0.3% | $67.64 * | $46.62 | +5.6% | COM | 290876101 |
| COP | ConocoPhillips | 101,793 | $13.07M | 0.3% | $128.41 * | $105.98 | -11.7% | COM | 20825C104 |
| CDW | CDW Corp/DE | 50,050 | $9.351M | 0.2% | $186.83 * | $203.06 | -32.9% | COM | 12514G108 |
| GPN | Global Payments Inc. | 63,631 | $6.756M | 0.2% | $106.17 * | $126.00 | -38.6% | COM | 37940X102 |
| IBDRY | Iberdrola SA-Sponsored ADR | 21,323 | $2.527M | 0.1% | $118.52 * | $57.73 | +49.7% | SPONSORED ADR | 450737101 |
| TD | Toronto-Dominion Bank | 17,509 | $2.265M | 0.1% | $129.36 * | $53.95 | +74.6% | COM | 891160509 |
| FTS | Fortis Inc./Canada | 11,715 | $835K | 0.0% | $71.25 * | $33.65 | +53.1% | COM | 349553107 |
| DLMAF | Dollarama Inc. | 3,710 | $761K | 0.0% | $205.14 * | $103.46 | +44.7% | COM | 25675T107 |
| BAC | Bank of America Corp. | 7,370 | $556K | 0.0% | $75.45 * | $27.02 | +103.5% | COM | 060505104 |
| SONY | Sony Group Corp. - ADR | 15,180 | $533K | 0.0% | $35.12 * | $22.68 | +12.9% | SPONSORED ADR | 835699307 |
| ADI | Analog Devices Inc. | 1,240 | $461K | 0.0% | $372.02 * | $207.60 | +30.6% | COM | 032654105 |
| CNQ | Canadian Natural Resources Ltd. | 8,658 | $403K | 0.0% | $46.49 * | $32.42 | +4.4% | COM | 136385101 |
| TXN | Texas Instruments Inc. | 1,645 | $391K | 0.0% | $237.98 * | $164.59 | +5.4% | COM | 882508104 |
| AMGN | Amgen Inc. | 850 | $382K | 0.0% | $448.98 * | $160.01 | +104.6% | COM | 031162100 |
| AAPL | Apple Inc. | 997 | $372K | 0.0% | $372.92 * | $148.29 | +83.3% | COM | 037833100 |
| AEM | Agnico-Eagle Mines Ltd. | 1,565 | $364K | 0.0% | $232.76 * | $139.01 | +22.0% | COM | 008474108 |
| JPM | JPMorgan Chase & Co. | 745 | $329K | 0.0% | $442.00 * | $103.72 | +210.7% | COM | 46625H100 |
| PNC | PNC Financial Services Group Inc. | 1,000 | $286K | 0.0% | $286.32 * | $195.75 | +6.6% | COM | 693475105 |
| TU | TELUS Corp. | 15,435 | $279K | 0.0% | $18.09 * | $20.12 | -34.5% | COM | 87971M103 |
| APYRF | Allied Properties Real Estate | 18,295 | $245K | 0.0% | $13.37 | $11.88 | — | COM | 019456102 |
| CMCSA | Comcast Corp. Class A | 4,970 | $204K | 0.0% | $41.00 * | $33.41 | -10.5% | COM | 20030N101 |