Location: Calgary, Alberta, Canada
CIK: 0001908219 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Jan 14, 2026
Total Value: $7.362B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| TSM | TAIWAN SEMICONDUCTOR MANUFACTU | 1,198,170 | $364M | 4.9% | $303.89 | $172.11 | +76.6% | ADR | 874039100 |
| GOOGL | ALPHABET INC | 1,024,214 | $321M | 4.4% | $313.00 | $168.90 | +85.3% | Common Stock | 02079K305 |
| CNI | CANADIAN NATIONAL RAILWAY CO | 2,924,042 | $289M | 3.9% | $98.90 | $104.58 | -5.5% | Common Stock | 136375102 |
| WFC | WELLS FARGO & CO | 2,804,535 | $261M | 3.6% | $93.20 | $58.67 | +58.9% | Common Stock | 949746101 |
| MSFT | MICROSOFT CORP | 522,481 | $253M | 3.4% | $483.62 | $418.66 | +15.5% | Common Stock | 594918104 |
| OTIS | OTIS WORLDWIDE CORP | 2,787,870 | $244M | 3.3% | $87.35 | $93.58 | -6.7% | Common Stock | 68902V107 |
| MCO | MOODY'S CORP | 425,922 | $218M | 3.0% | $510.85 | $460.04 | +11.0% | Common Stock | 615369105 |
| CNQ | CANADIAN NATURAL RESOURCES LTD | 5,588,945 | $189M | 2.6% | $33.87 | $29.85 | +13.4% | Common Stock | 136385101 |
| MA | MASTERCARD INC | 312,481 | $178M | 2.4% | $570.88 | $507.05 | +12.6% | Common Stock | 57636Q104 |
| ICHGF | INTERCONTINENTAL HOTELS GROUP | 1,257,505 | $177M | 2.4% | $140.95 * | $126.12 | +8.8% | Common Stock | G4804L163 |
| ADI | ANALOG DEVICES INC | 639,062 | $173M | 2.4% | $271.20 | $195.08 | +39.0% | Common Stock | 032654105 |
| QSR | RESTAURANT BRANDS INTL INC | 2,489,553 | $170M | 2.3% | $68.24 | $65.52 | +4.1% | Common Stock | 76131D103 |
| AZO | AUTOZONE INC | 49,391 | $168M | 2.3% | $3391.50 | $3118.37 | +8.8% | Common Stock | 053332102 |
| LMT | LOCKHEED MARTIN CORP | 344,027 | $166M | 2.3% | $483.69 | $476.18 | +1.6% | Common Stock | 539830109 |
| TECK | TECK RESOURCES LTD | 3,332,589 | $160M | 2.2% | $47.88 | $36.18 | +32.4% | Common Stock | 878742204 |
| ICE | INTERCONTINENTAL EXCHANGE INC | 951,486 | $154M | 2.1% | $161.96 | $171.22 | -5.4% | Common Stock | 45866F104 |
| CVS | CVS HEALTH CORP | 1,899,163 | $151M | 2.0% | $79.36 | $61.32 | +29.4% | Common Stock | 126650100 |
| CME | CME GROUP INC | 540,122 | $147M | 2.0% | $273.08 | $219.24 | +24.6% | Common Stock | 12572Q105 |
| ROP | ROPER TECHNOLOGIES INC | 328,020 | $146M | 2.0% | $445.13 | $513.21 | -13.4% | Common Stock | 776696106 |
| ROST | ROSS STORES INC | 792,576 | $143M | 1.9% | $180.14 | $119.91 | +50.2% | Common Stock | 778296103 |
| V | VISA INC COM CL A | 386,604 | $136M | 1.8% | $350.71 | $268.74 | +30.5% | Common Stock | 92826C839 |
| MTB | M&T BANK CORP | 652,744 | $132M | 1.8% | $201.48 | $183.07 | +10.1% | Common Stock | 55261F104 |
| ELV | ELEVANCE HEALTH INC | 370,662 | $130M | 1.8% | $350.55 | $415.04 | -15.5% | Common Stock | 036752103 |
| TJX | TJX COS INC/THE | 825,317 | $127M | 1.7% | $153.61 | $116.97 | +31.3% | Common Stock | 872540109 |
| RBA | RB GLOBAL INC | 1,212,695 | $125M | 1.7% | $102.96 | $66.08 | +55.7% | Common Stock | 74935Q107 |
| AEM | AGNICO EAGLE MINES LIMITED | 711,604 | $121M | 1.6% | $169.59 | $62.56 | +171.0% | Common Stock | 008474108 |
| EQT | EQT CORP | 2,211,775 | $119M | 1.6% | $53.60 | $45.79 | +17.1% | Common Stock | 26884L109 |
| AXP | AMERICAN EXPRESS CO | 319,744 | $118M | 1.6% | $369.95 | $196.24 | +88.1% | Common Stock | 025816109 |
| RY | ROYAL BANK OF CANADA | 691,320 | $118M | 1.6% | $170.49 | $99.10 | +72.0% | Common Stock | 780087102 |
| MSCI | MSCI INC | 200,031 | $115M | 1.6% | $573.73 | $583.43 | -1.7% | Common Stock | 55354G100 |
| SHW | SHERWIN-WILLIAMS CO/THE | 346,537 | $112M | 1.5% | $324.03 | $359.61 | -9.9% | Common Stock | 824348106 |
| JNJ | JOHNSON & JOHNSON | 505,569 | $105M | 1.4% | $206.95 | $190.32 | +8.7% | Common Stock | 478160104 |
| WPM | WHEATON PRECIOUS METALS CORP | 887,936 | $104M | 1.4% | $117.57 | $59.01 | +99.2% | Common Stock | 962879102 |
| CVE | CENOVUS ENERGY INC | 6,068,200 | $103M | 1.4% | $16.92 | $17.37 | -2.6% | Common Stock | 15135U109 |
| PM | PHILIP MORRIS INTERNATIONAL IN | 621,238 | $99.65M | 1.4% | $160.40 | $115.38 | +39.0% | Common Stock | 718172109 |
| EFXT | ENERFLEX LTD | 6,157,845 | $94.94M | 1.3% | $15.42 | $6.49 | +137.9% | Common Stock | 29269R105 |
| WTW | WILLIS TOWERS WATSON PLC | 260,128 | $85.48M | 1.2% | $328.60 | $310.08 | +6.0% | Common Stock | G96629103 |
| BRK/B | BERKSHIRE HATHAWAY INC | 162,228 | $81.54M | 1.1% | $502.65 | $308.18 | +63.1% | Common Stock | 084670702 |
| MTD | METTLER-TOLEDO INTERNATIONAL I | 53,864 | $75.1M | 1.0% | $1394.19 | $1275.33 | +9.3% | Common Stock | 592688105 |
| TD | TORONTO DOMINION BANK | 721,113 | $67.97M | 0.9% | $94.25 | $58.22 | +61.8% | Common Stock | 891160509 |
| ASMLF | ASML HOLDING NV | 60,890 | $65.9M | 0.9% | $1082.28 | $713.58 | +49.2% | Common Stock | N07059202 |
| COF | CAPITAL ONE FINANCIAL CORP | 270,753 | $65.62M | 0.9% | $242.36 | $185.05 | +31.0% | Common Stock | 14040H105 |
| CARR | CARRIER GLOBAL CORP | 1,195,050 | $63.15M | 0.9% | $52.84 | $55.45 | -4.7% | Common Stock | 14448C104 |
| DGEAF | DIAGEO PLC | 2,828,894 | $61.12M | 0.8% | $21.61 | $23.05 | -6.9% | Common Stock | G42089113 |
| TXN | TEXAS INSTRUMENTS INC | 339,674 | $58.93M | 0.8% | $173.49 | $170.73 | +1.6% | Common Stock | 882508104 |
| RRC | RANGE RESOURCES CORP | 1,573,309 | $56.26M | 0.8% | $35.76 | $31.56 | +11.7% | Common Stock | 75281A109 |
| SLB | SCHLUMBERGER LTD | 1,138,154 | $45.03M | 0.6% | $39.57 * | $36.06 | +6.4% | Common Stock | 806857108 |
| CB | CHUBB LTD | 143,043 | $44.65M | 0.6% | $312.12 | $202.74 | +53.9% | Common Stock | H1467J104 |
| BGSI | BOYD GROUP SERVICES INC | 271,102 | $43.18M | 0.6% | $159.29 | $160.25 | -0.6% | Common Stock | 103310108 |
| RCI | ROGERS COMMUNICATIONS INC | 1,138,837 | $42.99M | 0.6% | $37.75 | $29.07 | +29.8% | Common Stock | 775109200 |
| GGG | GRACO INC | 486,374 | $39.87M | 0.5% | $81.97 | $85.43 | -4.4% | Common Stock | 384109104 |
| SPGI | S&P GLOBAL INC | 72,704 | $37.99M | 0.5% | $522.59 | $448.33 | +16.6% | Common Stock | 78409V104 |
| ICLR | ICON PLC | 193,917 | $35.34M | 0.5% | $182.22 | $217.37 | -16.2% | Common Stock | G4705A100 |
| FISV | FISERV INC | 490,985 | $32.98M | 0.4% | $67.17 | $139.11 | -51.7% | Common Stock | 337738108 |
| EMR | EMERSON ELECTRIC CO | 239,846 | $31.83M | 0.4% | $132.72 | $82.06 | +61.7% | Common Stock | 291011104 |
| MAR | MARRIOTT INTERNATIONAL INC/MD | 101,755 | $31.57M | 0.4% | $310.24 | $235.71 | +31.6% | Common Stock | 571903202 |
| NOC | NORTHROP GRUMMAN CORP | 52,222 | $29.78M | 0.4% | $570.21 | $445.90 | +27.9% | Common Stock | 666807102 |
| AON | AON PLC | 77,749 | $27.44M | 0.4% | $352.88 | $334.04 | +5.6% | Common Stock | G0403H108 |
| ALC | ALCON INC | 332,828 | $26.57M | 0.4% | $79.83 | $93.02 | -15.3% | Common Stock | H01301128 |
| — | UNILEVER PLC | 336,148 | $21.99M | 0.3% | $65.43 | $65.43 | — | Common Stock | G92087165 |
| HDB | HDFC BANK LTD | 586,480 | $21.43M | 0.3% | $36.54 | $29.11 | +25.5% | ADR | 40415F101 |
| UNH | UNITEDHEALTH GROUP INC | 47,217 | $15.59M | 0.2% | $330.11 | $540.31 | -38.9% | Common Stock | 91324P102 |
| LIN | LINDE PLC | 32,838 | $14M | 0.2% | $426.39 | $422.66 | +0.9% | Common Stock | G54950103 |
| HLT | HILTON WORLDWIDE HOLDINGS INC | 46,807 | $13.45M | 0.2% | $287.25 | $222.36 | +29.2% | Common Stock | 43300A203 |
| LOW | LOWE'S COS INC | 55,044 | $13.27M | 0.2% | $241.16 | $209.58 | +15.1% | Common Stock | 548661107 |
| PEP | PEPSICO INC | 86,240 | $12.38M | 0.2% | $143.52 | $157.15 | -8.7% | Common Stock | 713448108 |
| AMZN | AMAZON.COM INC | 52,700 | $12.16M | 0.2% | $230.82 | $228.79 | +0.9% | Common Stock | 023135106 |
| CPRT | COPART INC | 291,627 | $11.42M | 0.2% | $39.15 | $55.05 | -28.9% | Common Stock | 217204106 |
| ORCL | ORACLE CORP | 57,678 | $11.24M | 0.2% | $194.91 | $155.43 | +25.4% | Common Stock | 68389X105 |
| SPY | SPDR S&P 500 ETF TRUST | 11,999 | $10.14M | 0.1% | $845.41 * | $641.03 | +6.4% | OPTIONS | 78462F103 |
| EXE | Expand Energy Corp | 82,004 | $8.823M | 0.1% | $107.60 * | $91.35 | +20.8% | Common Stock | 165167735 |
| VLUTF | VOLUTION GROUP PLC | 949,746 | $8.255M | 0.1% | $8.69 * | $4.60 | 0.0% | Common Stock | G93824103 |
| CL | COLGATE-PALMOLIVE CO | 96,046 | $7.59M | 0.1% | $79.02 | $82.80 | -4.6% | Common Stock | 194162103 |
| FDS | FACTSET RESEARCH SYSTEMS INC | 24,755 | $7.184M | 0.1% | $290.19 | $457.61 | -36.6% | Common Stock | 303075105 |
| STN | STANTEC INC | 73,848 | $6.969M | 0.1% | $94.37 | $77.26 | — | Common Stock | 85472N109 |
| AGI | ALAMOS GOLD INC NEW | 180,127 | $6.956M | 0.1% | $38.62 | $20.18 | +91.2% | Common Stock | 011532108 |
| NKE | NIKE INC | 108,620 | $6.92M | 0.1% | $63.71 | $90.33 | -29.5% | Common Stock | 654106103 |
| GDXJ | VANECK JUNIOR GOLD MINERS | 54,201 | $6.167M | 0.1% | $113.78 | $48.46 | +134.8% | ETP | 92189F791 |
| GIB | CGI INC | 66,272 | $6.122M | 0.1% | $92.37 | $111.68 | -17.5% | Common Stock | 12532H104 |
| DSGX | DESCARTES SYS GROUP INC | 69,455 | $6.093M | 0.1% | $87.73 | $108.51 | -19.2% | Common Stock | 249906108 |
| RAL | RALLIANT CORP | 111,303 | $5.666M | 0.1% | $50.91 | $49.24 | +3.4% | Common Stock | 750940108 |
| CIGI | COLLIERS INTL GROUP INC | 38,370 | $5.64M | 0.1% | $146.99 | $142.12 | +3.4% | Common Stock | 194693107 |
| KGC | KINROSS GOLD CORP | 161,759 | $4.556M | 0.1% | $28.17 | $12.97 | +117.1% | Common Stock | 496902404 |
| FSV | FIRSTSERVICE CORP | 28,344 | $4.408M | 0.1% | $155.52 | $183.39 | -15.2% | Common Stock | 33767E202 |
| EFX | EQUIFAX INC | 20,094 | $4.36M | 0.1% | $216.98 | $239.53 | -9.4% | Common Stock | 294429105 |
| NTB | BANK OF NT BUTTERFIELD & SON L | 64,395 | $3.208M | 0.0% | $49.82 | $40.71 | +22.4% | Common Stock | G0772R208 |
| SYF | SYNCHRONY FINANCIAL | 34,784 | $2.902M | 0.0% | $83.43 | $56.09 | +48.8% | Common Stock | 87165B103 |
| JKHY | JACK HENRY & ASSOCIATES INC | 15,457 | $2.821M | 0.0% | $182.48 | $165.10 | +10.5% | Common Stock | 426281101 |
| ADBE | ADOBE INC | 8,000 | $2.8M | 0.0% | $349.99 | $442.74 | -20.9% | Common Stock | 00724F101 |
| GRTUF | GRANITE REAL ESTATE INVESTMENT TRUST | 44,256 | $2.635M | 0.0% | $59.53 | $49.78 | — | REIT | 387437205 |
| ATS | ATS CORP | 80,600 | $2.22M | 0.0% | $27.55 | $38.73 | -28.9% | Common Stock | 00217Y104 |
| WCN | WASTE CONNECTIONS INC | 12,000 | $2.105M | 0.0% | $175.39 | $179.61 | -2.4% | Common Stock | 94106B101 |
| CI | CIGNA CORP | 7,550 | $2.078M | 0.0% | $275.23 | $298.85 | -7.9% | Common Stock | 125523100 |
| ERO | ERO COPPER CORP | 64,358 | $1.821M | 0.0% | $28.29 | $17.72 | +59.7% | Common Stock | 296006109 |
| ZTS | ZOETIS INC | 13,676 | $1.721M | 0.0% | $125.82 | $154.98 | -18.8% | Common Stock | 98978V103 |
| TFII | TFI INTERNATIONAL INC | 16,200 | $1.675M | 0.0% | $103.37 | $122.46 | -15.6% | Common Stock | 87241L109 |
| RGLD | ROYAL GOLD INC | 6,210 | $1.38M | 0.0% | $222.29 | $144.33 | +54.0% | Common Stock | 780287108 |
| VNOM | VIPER ENERGY INC/OLD | 25,000 | $966K | 0.0% | $38.63 | $37.86 | +2.0% | Common Stock | 64361Q101 |
| UNP | UNION PACIFIC CORP | 1,873 | $433K | 0.0% | $231.32 | $225.32 | +2.7% | Common Stock | 907818108 |
| TMO | THERMO FISHER SCIENTIFIC INC | 732 | $424K | 0.0% | $579.45 | $526.14 | +10.1% | Common Stock | 883556102 |
| FTS | FORTIS INC | 7,596 | $395K | 0.0% | $51.99 | $46.59 | +10.6% | Common Stock | 349553107 |
| CP | CANADIAN PACIFIC KANSAS CITY LTD | 4,468 | $329K | 0.0% | $73.63 | $77.48 | -5.0% | Common Stock | 13646K108 |
| MDT | MEDTRONIC PLC | 3,319 | $319K | 0.0% | $96.06 | $97.14 | -1.1% | Common Stock | G5960L103 |