Location: Winnipeg, Manitoba, Canada
CIK: 0001518235 · Show all filings
Period: Q3 2026 (← Previous)
Filing Date: Oct 16, 2026
Total Value: $4.406B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| CP | Canadian Pacific Kansas City L | 1,732,658 | $148M | 3.4% | $85.38 | $81.33 | +4.6% | COM | 13646K108 |
| STN | Stantec Inc. | 1,620,272 | $110M | 2.5% | $67.59 | $67.59 | — | COM | 85472N109 |
| GRTUF | Granite Real Estate Investment | 272,809 | $16.32M | 0.4% | $59.83 | $59.83 | — | COM | 387437205 |
| CNSWF | Constellation Software Inc. | 132 | $269K | 0.0% | $2039.34 | $2093.94 | -3.2% | COM | 21037X100 |
| GFTFF | Grafton Resources Inc. | 12,000 | $4,312 | 0.0% | $0.36 * | $0.40 | +46.0% | COM | 38447A108 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| SU | Suncor Energy Inc. | 6,331,336 (+101.0%) | $430M (+154.5%) | 9.8% | $67.98 | $42.95 | +58.0% | COM | 867224107 |
| PBA | Pembina Pipeline Corp. | 7,356,398 (+102.4%) | $329M (+96.2%) | 7.5% | $44.76 | $38.10 | +17.0% | COM | 706327103 |
| ELEEF | Element Fleet Management Corp. | 5,069,906 (+1.9%) | $80.9M (-21.1%) | 1.8% | $15.96 | $20.96 | -24.2% | COM | 286181201 |
| IFCZF | Intact Financial Corp | 748,038 (+2.9%) | $130M (-13.4%) | 2.9% | $173.19 | $192.35 | -10.0% | COM | 45823T106 |
| BN | Brookfield Corp. | 3,321,845 (+2.3%) | $122M (-12.1%) | 2.8% | $36.58 | $29.39 | +24.0% | COM | 11271J107 |
| GIL | Gildan Activewear Inc. | 3,309,542 (+9.3%) | $141M (-9.2%) | 3.2% | $42.71 | $34.71 | +22.8% | COM | 375916103 |
| NXPI | NXP Semiconductors NV | 242,298 (+51.8%) | $57.55M (+28.3%) | 1.3% | $237.53 | $229.05 | +3.7% | SPONSORED ADR | N6596X109 |
| CCDBF | CCL Industries Inc. | 2,162,426 (+2.7%) | $143M (+4.4%) | 3.2% | $66.10 | $63.35 | +4.1% | COM | 124900309 |
| TEL | TE Connectivity PLC | 176,320 (+12.9%) | $37.22M (+18.2%) | 0.8% | $211.08 | $212.36 | -0.6% | SPONSORED ADR | G87052109 |
| AVGO | Broadcom Inc. | 109,353 (+23.9%) | $38.4M (+15.2%) | 0.9% | $351.19 | $229.17 | +53.2% | COM | 11135F101 |
| CARR | Carrier Global Corp. | 686,997 (+19.4%) | $37.69M (-10.7%) | 0.9% | $54.86 | $64.28 | -14.6% | COM | 14448C104 |
| NTR | Nutrien Ltd. | 453,977 (+1.0%) | $31.96M (+13.1%) | 0.7% | $70.41 | $55.11 | +27.5% | COM | 67077M108 |
| NEE | NextEra Energy Inc. | 460,576 (+4.9%) | $34.88M (-9.5%) | 0.8% | $75.74 | $57.14 | +32.6% | COM | 65339F101 |
| MDT | Medtronic PLC | 340,500 (+3.4%) | $29.38M (+14.1%) | 0.7% | $86.29 | $81.16 | +6.3% | SPONSORED ADR | G5960L103 |
| COP | ConocoPhillips | 143,522 (+3.4%) | $17.96M (+24.4%) | 0.4% | $125.15 | $107.66 | +16.2% | COM | 20825C104 |
| EIFZF | Exchange Income Corp. | 551,247 (+13.1%) | $48.25M (+6.4%) | 1.1% | $87.52 | $82.40 | +6.1% | COM | 301283107 |
| ETR | Entergy Corp. | 347,670 (+7.5%) | $34.51M (-7.1%) | 0.8% | $99.26 | $96.53 | +2.8% | COM | 29364G103 |
| V | Visa Inc. | 120,294 (+1.7%) | $43.23M (+6.5%) | 1.0% | $359.33 | $321.78 | +11.7% | COM | 92826C839 |
| TSM | Taiwan Semiconductor Manufactu | 108,640 (+1.0%) | $49.56M (-3.5%) | 1.1% | $456.19 | $268.74 | +69.7% | SPONSORED ADR | 874039100 |
| AJG | Arthur J. Gallagher & Co. | 51,044 (+16.8%) | $11.64M (+16.0%) | 0.3% | $228.11 | $233.61 | -2.4% | COM | 363576109 |
| SAPIF | Saputo Inc. | 4,203,742 (+1.2%) | $118M (-1.3%) | 2.7% | $28.19 | $19.23 | +45.9% | COM | 802912105 |
| NNWWF | The North West Co Inc. | 245,430 (+2.2%) | $9.479M (+13.6%) | 0.2% | $38.62 | $37.02 | +3.7% | COM | 663278208 |
| UL | Unilever PLC - ADR | 450,494 (+2.0%) | $27.36M (+3.0%) | 0.6% | $60.73 | $66.61 | -8.8% | SPONSORED ADR | 904767803 |
| CNQ | Canadian Natural Resources Ltd | 11,566 (+33.2%) | $545K (+59.0%) | 0.0% | $47.15 | $40.50 | +16.2% | COM | 136385101 |
| BAM | Brookfield Asset Management Lt | 87,292 (+2.9%) | $3.906M (+2.9%) | 0.1% | $44.74 | $47.26 | -5.7% | COM | 113004105 |
| DLMAF | Dollarama Inc. | 3,905 (+1.0%) | $506K (-0.8%) | 0.0% | $129.63 | $104.74 | +23.2% | COM | 25675T107 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| CP | Fortis Inc./Canada | 1,693,055 | $146M | 3.3% | $86.53 | $81.33 | +4.6% | COM | 13646K108 |
| LVMUY | LVMH Moet Hennessy Louis Vuitton ADR | 205,448 | $22.72M | 0.5% | $110.60 * | $110.95 | -20.7% | — | 502441306 |
| CP | Canadian Pacific Kansas City Ltd. | 8,990 | $779K | 0.0% | $86.65 | $81.33 | +4.6% | COM | 13646K108 |
| TMUS | T-Mobile US Inc. | 1,937 | $325K | 0.0% | $167.73 * | $150.87 | +8.1% | — | 872590104 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| CDNAF | Canadian Tire Corp. Ltd. - Cla | 666,026 (-34.0%) | $90.54M (-34.8%) | 2.1% | $135.95 | $107.23 | +26.7% | COM | 136681202 |
| CM | Canadian Imperial Bank of Comm | 1,407,112 (-8.2%) | $155M (-11.8%) | 3.5% | $110.42 | $37.65 | +192.6% | COM | 136069101 |
| CMI | Cummins Inc. | 93,947 (-2.0%) | $48.53M (-29.0%) | 1.1% | $516.57 | $185.26 | +178.8% | COM | 231021106 |
| MFC | Manulife Financial Corp. | 4,099,098 (-12.4%) | $175M (-7.5%) | 4.0% | $42.72 | $18.27 | +133.2% | COM | 56501R106 |
| ENB | Enbridge Inc. | 219,173 (-47.7%) | $10.21M (-55.0%) | 0.2% | $46.60 | $24.97 | +86.2% | COM | 29250N105 |
| BMO | Bank of Montreal | 983,830 (-1.5%) | $165M (-6.4%) | 3.7% | $167.65 | $54.49 | +207.0% | COM | 063671101 |
| CNI | Canadian National Railway Co. | 1,190,268 (-5.1%) | $142M (-4.9%) | 3.2% | $119.34 | $92.83 | +28.1% | COM | 136375102 |
| BNS | Bank of Nova Scotia | 1,858,134 (-7.9%) | $169M (-3.3%) | 3.8% | $91.17 | $39.18 | +131.9% | COM | 064149107 |
| ENLAY | Enel SpA - ADR | 2,833,130 (-1.3%) | $27.96M (-14.8%) | 0.6% | $9.87 | $7.40 | +33.3% | SPONSORED ADR | 29265W207 |
| ABBV | AbbVie Inc. | 245,195 (-10.4%) | $64.14M (-6.9%) | 1.5% | $261.59 | $153.38 | +70.5% | COM | 00287Y109 |
| MRK | Merck & Co. Inc. | 204,106 (-1.1%) | $29.66M (+11.8%) | 0.7% | $145.31 | $70.35 | +106.5% | COM | 58933Y105 |
| EMA | Emera Inc. | 221,475 (-1.0%) | $10.61M (-10.4%) | 0.2% | $47.92 | $46.70 | +2.4% | COM | 290876101 |
| FTS | Fortis Inc./Canada | 12,575 (-3.3%) | $664K (-10.7%) | 0.0% | $52.82 | $35.73 | +47.8% | COM | 349553107 |
| TD | Toronto-Dominion Bank | 11,870 (-1.2%) | $1.399M (-4.1%) | 0.0% | $117.88 | $53.95 | +117.8% | COM | 891160509 |
| AMGN | Amgen Inc. | 650 (-23.5%) | $274K (-11.0%) | 0.0% | $421.51 | $160.01 | +163.4% | COM | 031162100 |
| AAPL | Apple Inc. | 997 (-7.1%) | $332K (+6.9%) | 0.0% | $333.02 | $158.04 | +110.7% | COM | 037833100 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| AMAT | Applied Materials Inc. | 101,516 | $51.91M | 1.2% | $511.38 | $101.38 | +404.4% | COM | 038222105 |
| TRP | TC Energy Corp. | 2,537,275 | $147M | 3.3% | $58.04 | $37.05 | +56.0% | COM | 87807B107 |
| NTIOF | National Bank of Canada | 741,834 | $106M | 2.4% | $143.09 | $128.25 | +11.2% | COM | 633067103 |
| MSFT | Microsoft Corp. | 80,427 | $41.25M | 0.9% | $512.90 | $471.92 | +8.7% | COM | 594918104 |
| RY | Royal Bank of Canada | 886,886 | $175M | 4.0% | $197.21 | $73.90 | +166.0% | COM | 780087102 |
| HD | Home Depot Inc./The | 121,238 | $34.49M | 0.8% | $284.49 | $319.68 | -11.0% | COM | 437076102 |
| URI | United Rentals Inc. | 49,221 | $49.26M | 1.1% | $1000.78 | $739.10 | +35.4% | COM | 911363109 |
| SAP | SAP SE - ADR | 90,908 | $18.95M | 0.4% | $208.48 | $132.21 | +57.7% | SPONSORED ADR | 803054204 |
| BDX | Becton Dickinson and Co. | 177,450 | $31.76M | 0.7% | $179.00 | $205.59 | -12.9% | COM | 075887109 |
| BKNG | Booking Holdings Inc. | 206,488 | $33.64M | 0.8% | $162.91 | $305.61 | -46.7% | COM | 09857L108 |
| APD | Air Products & Chemicals Inc. | 138,410 | $38.51M | 0.9% | $278.23 | $239.40 | +16.2% | COM | 009158106 |
| SIEGY | Siemens AG - ADR | 294,346 | $45.71M | 1.0% | $155.30 | $101.06 | +53.7% | SPONSORED ADR | 826197501 |
| BOWFF | Boardwalk Real Estate Investme | 710,780 | $30.81M | 0.7% | $43.35 | $44.77 | — | COM | 096631106 |
| HON | Honeywell International Inc. | 82,284 | $17.36M | 0.4% | $210.94 | $223.90 | — | COM | 438516205 |
| WFC | Wells Fargo & Co. | 471,833 | $37.77M | 0.9% | $80.05 | $37.98 | +110.8% | COM | 949746101 |
| USB | US Bancorp | 325,446 | $18.8M | 0.4% | $57.76 | $46.48 | +24.3% | COM | 902973304 |
| SBGSY | Schneider Electric SE - ADR | 627,927 | $41.29M | 0.9% | $65.75 | $51.56 | +27.5% | SPONSORED ADR | 80687P106 |
| EQIX | Equinix Inc. | 17,156 | $17.35M | 0.4% | $1011.58 | $741.94 | — | COM | 29444U700 |
| SLF | Sun Life Financial Inc. | 1,176,271 | $91.92M | 2.1% | $78.14 | $55.98 | +39.3% | COM | 866796105 |
| IBDRY | Iberdrola SA-Sponsored ADR | 20,605 | $1.921M | 0.0% | $93.22 | $58.36 | +59.7% | SPONSORED ADR | 450737101 |
| AEM | Agnico-Eagle Mines Ltd. | 1,455 | $267K | 0.0% | $183.59 | $139.01 | +31.8% | COM | 008474108 |
| TXN | Texas Instruments Inc. | 1,730 | $485K | 0.0% | $280.09 | $168.29 | +66.4% | COM | 882508104 |
| PNC | PNC Financial Services Group I | 1,000 | $222K | 0.0% | $222.26 | $195.75 | +13.5% | COM | 693475105 |
| BAC | Bank of America Corp. | 4,175 | $227K | 0.0% | $54.43 | $27.02 | +101.4% | COM | 060505104 |
| ADI | Analog Devices Inc. | 1,277 | $507K | 0.0% | $396.71 | $209.79 | +89.1% | COM | 032654105 |