Barometer Capital Management Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Barometer Capital Management Inc. reported 161 stock positions worth $346.7 million. Its top holding was Can Imperial BK of Commerce (CM) at 5.5% of the portfolio, followed by Agnico Eagle Mines (AEM, 5.0%) and Thomson Reuters (TRI, 4.2%). Compared with Q2 2024, it opened 37 new positions, sold out of 49, added to 30 and reduced 22. The biggest buy was a new position in Can Imperial BK of Commerce (CM) and the biggest sale an exit from Nvidia (NVDA).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001536890
Portfolio Value
$346.7M (Q3 2024)
SEC Filing
0001104659-24-118549 ↗ filed Nov 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $385.5M Q1 2024 Q2 2024: $259.3M Q2 2024 Q3 2024: $346.7M $346.7M Q3 2024 Q4 2024: $249.7M Q4 2024 Q1 2025: $268.5M Q1 2025 Q2 2025: $361.8M Q2 2025 Q3 2025: $437.3M Q3 2025 Q4 2025: $415.3M Q4 2025 Q1 2026: $292.2M Q1 2026 Q2 2026: $359.8M Q2 2026

Holdings 161 stocks · $346.7M
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 5.47% 228,567 $19.0M New
AEM Agnico Eagle Mines Ltd. 5.04% 160,283 $17.5M Add +15.8%
TRI Thomson Reuters Corp. 4.23% 63,530 $14.7M New
IMO Imperial Oil Ltd. 4.07% 148,315 $14.1M New
AVGO Broadcom Inc. 3.84% 77,194 $13.3M Add +1.8%
MSFT Microsoft Corp. 3.69% 29,711 $12.8M Add +7.6%
LLY Eli Lilly & Co. 3.65% 14,292 $12.7M Reduce -1.4%
COST Costco Wholesale Corp. 3.46% 13,550 $12.0M Add +5.1%
META Meta Platforms Inc. Class A 3.46% 20,953 $12.0M Add +5.0%
GE General Electric filed as GE AEROSPACE 3.33% 61,255 $11.6M New
PGR Progressive Corp. 3.30% 45,106 $11.4M Add +5.4%
KGC Kinross Gold Corp. 3.28% 897,900 $11.4M New
PBA Pembina Pipeline Corp. 3.26% 202,440 $11.3M New
JPM JPMorgan Chase & Co. 3.22% 53,347 $11.2M Add +4.8%
AAPL Apple Inc. 3.20% 47,608 $11.1M Add +7941.9%
RGA Reinsurance Group of America 2.69% 43,044 $9.3M Add +1.7%
NEE Nextera Energy Inc. 2.29% 94,040 $7.9M Reduce -0.1%
GD General Dynamics Corp. 2.09% 24,134 $7.3M Add +36.5%
SPG Simon Property Group Inc. 1.73% 35,450 $6.0M Add +4.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.62% 25,640 $5.6M New
MFC Manulife Financial Corp. 1.60% 138,676 $5.5M Add +10.3%
HWM Howmet Aerospace Inc. 1.53% 52,960 $5.3M Add +19.9%
ENB Enbridge Inc. 1.37% 86,504 $4.8M New
BWXT BWX Technologies Inc. 1.37% 43,583 $4.7M Add +7.3%
MSI Motorola Solutions Inc. 1.21% 9,346 $4.2M Add +18.4%
WCN Waste Connections Inc. 1.21% 17,391 $4.2M Add +317.1%
GS Goldman Sachs Group Inc. 1.15% 8,042 $4.0M Add +7.5%
ABBV Abbvie Inc. 1.13% 20,000 $3.9M New
TECK Teck Resources Ltd.-CLS B 1.13% 55,274 $3.9M New
U Unity Software Inc. 1.03% 158,022 $3.6M No change
SO The Southern Co. 1.01% 38,830 $3.5M Add +40.5%
T AT&T Inc. 0.87% 138,340 $3.0M New
V Visa Inc. Class A 0.82% 10,315 $2.8M New
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.70% 49,740 $2.4M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.69% 60,700 $2.4M Add +12.5%
AGI Alamos Gold Inc. Class A 0.63% 81,240 $2.2M Add +1112.5%
PM Philip Morris International 0.63% 17,970 $2.2M New
UBER Uber Technologies Inc. 0.59% 27,110 $2.0M New
ACGL Arch Capital Group Ltd. 0.57% 17,770 $2.0M New
EMBJ Embraer SA-Spon ADR 0.57% 55,800 $2.0M Add +624.7%
CR Crane Co. 0.53% 11,545 $1.8M Add +3.5%
REGN Regeneron Pharmaceuticals 0.47% 1,548 $1.6M New
FCX Freeport-McMoran Inc. 0.36% 25,200 $1.3M Reduce -83.2%
IBIT iShares Bitcoin Trust ETF 0.34% 32,800 $1.2M Add +15.9%
PHYS Sprott Physical Gold Trust 0.34% 58,050 $1.2M Add +12.0%
RACE Ferrari NV 0.30% 2,219 $1.0M New
NVS Novartis AG-Sponsored ADR 0.30% 9,000 $1.0M New
COPX Global X Copper Miners ETF 0.25% 18,300 $865K Add +33.6%
KCE SS SPDR S&P Cap MKTS ETF 0.24% 6,750 $843K Reduce -9.4%
KIE SS SPDR S&P Insurance ETF 0.23% 14,330 $813K Reduce -9.5%
PPA Invesco Aerospace & Defense 0.23% 7,070 $813K Reduce -6.6%
PSLV Sprott Physical Silver Trust 0.23% 77,100 $806K Reduce -9.2%
XLB SS Materials Select Sector 0.22% 8,000 $771K Add +8.1%
GDX Vaneck Gold Miners ETF 0.22% 19,250 $767K Reduce -27.2%
VIS Vanguard Industrials ETF 0.22% 2,895 $753K Reduce -12.1%
RDVY First Trust Rising Dividend 0.21% 12,420 $735K Reduce -18.4%
XMMO Invesco S&P Midcap Momentum 0.21% 6,100 $734K Add +32.6%
XME SS SPDR S&P Metals Mining 0.21% 11,500 $733K Reduce -10.8%
PAVE Global X US Infrastructure 0.21% 17,450 $718K New
GDXJ Vaneck Junior Gold Miners 0.21% 14,600 $713K Reduce -20.6%
EWJ iShares MSCI Japan ETF 0.20% 9,870 $706K New
SILJ Amplify Junior Silver Miners 0.20% 53,400 $688K Reduce -16.3%
EPI Wisdomtree India Earnings 0.20% 13,600 $686K Reduce -6.2%
SDVY First Trust Smid Cap Rising 0.19% 18,400 $669K Reduce -15.6%
FXR First Trust Indst/Producers 0.19% 8,700 $659K New
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.18% 29,800 $608K No change
GGAL Grupo Financiero Galicia-ADR 0.16% 13,584 $572K No change
ARGT Global X MSCI Argentina ETF 0.16% 8,300 $550K Add +23.9%
URA Global X Uranium ETF 0.15% 18,000 $515K Reduce -20.0%
BMA Banco Macro SA-ADR 0.15% 7,971 $506K No change
FIW First Trust Water ETF 0.15% 4,600 $503K Reduce -30.3%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.14% 6,515 $473K Reduce -64.1%
BABA Alibaba Group Holding-SP ADR 0.13% 4,304 $457K No change
EVX Vaneck Environmental Service 0.13% 2,500 $451K Reduce -19.4%
HARMONY GOLD MINING CO LTD 0.12% 39,819 $403K New
PKW Invesco Buyback Achievers Et 0.12% 3,500 $401K New
TCOM Trip.com Group Ltd.-ADR 0.12% 6,727 $400K Reduce -6.9%
BILI Bilibili Inc.-Sponsored ADR 0.11% 16,700 $390K No change
MOMO Hello Group Inc. -SPN ADR 0.11% 51,204 $390K No change
CP Canadian Pacific Kansas City 0.11% 3,230 $374K New
YMM Full Truck Alliance -SPN ADR 0.11% 41,417 $373K No change
SMFG Sumitomo Mitsui-Spons ADR 0.11% 29,054 $367K No change
MFG Mizuho Financial Group-ADR 0.10% 83,272 $348K No change
PSO Pearson PLC-Sponsored ADR 0.10% 24,811 $337K No change
UBS UBS Group AG-Reg 0.10% 10,889 $337K No change
VRNA Verona Pharma Ltd. 0.09% 11,400 $328K No change
BIDU Baidu Inc. - Spon ADR 0.09% 3,065 $323K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.09% 30,563 $321K No change
XPEV Xpeng Inc. - ADR 0.09% 25,600 $312K No change
SE Sea Ltd.-ADR 0.09% 3,300 $311K No change
PHG Koninklijke Philips NVR- NY 0.09% 9,486 $310K Add +3.1%
LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV 0.09% 10,717 $309K Add +13.8%
JKS Jinkosolar Holding Co.-ADR 0.09% 11,376 $305K No change
ZLAB Zai Lab Ltd.-ADR 0.09% 12,500 $302K No change
TIMB Tim SA-ADR 0.09% 17,434 $300K No change
JD Jd.com Inc.-ADR 0.08% 7,300 $292K No change
TTE Totalenergies SE -Spon ADR 0.08% 4,489 $290K No change
GFI Gold Fields Ltd.-Spons ADR 0.08% 18,146 $279K No change
SID Cia Siderurgica Nacl-SP ADR filed as COMPANHIA SIDERURGICA NACION 0.08% 114,259 $273K New
BNTX Biontech SE-ADR 0.08% 2,260 $268K No change
PAM Pampa Energia SA-Spon ADR 0.07% 4,300 $258K No change
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 0.07% 8,238 $246K No change
WB Weibo Corp.-Spon ADR 0.07% 24,000 $242K No change
BBD Banco Bradesco-ADR 0.07% 87,500 $229K New
WIT Wipro Ltd.-ADR 0.07% 34,900 $226K No change
VOD Vodafone Group PLC-SP ADR 0.06% 22,300 $223K No change
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.06% 2,308 $221K No change
SKM SK Telecom Co. Ltd.-Spon ADR 0.06% 9,200 $219K No change
KC Kingsoft Cloud Holdings-ADR 0.06% 70,700 $208K No change
TSM Taiwan Semiconductor-SP ADR 0.06% 1,193 $207K No change
NWG Natwest Group PLC -Spon ADR 0.06% 21,924 $205K No change
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 0.06% 12,100 $200K No change
HIMX Himax Technologies Inc.-ADR 0.06% 36,300 $200K No change
PUK Prudential PLC-ADR 0.06% 10,700 $198K No change
CRTO Criteo SA-Spon 0.06% 4,868 $196K No change
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA 0.06% 9,200 $195K No change
KOF Coca-Cola Femsa Sab-SP ADR 0.06% 2,200 $193K New
BCS Barclays PLC-Spons ADR 0.06% 15,765 $192K No change
MUFG Mitsubishi Ufj Finl-Spon ADR 0.06% 18,800 $191K No change
ELP Companhia Paranaense DE Ener 0.06% 26,100 $191K No change
BRFS BRF SA-ADR 0.05% 43,076 $188K No change
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 0.05% 3,043 $188K No change
DADA Dada Nexus Ltd.-ADR 0.05% 98,800 $188K No change
CSANY Cosan SA -ADR 0.05% 19,400 $185K New
RLX RLX Technology Inc.-ADR 0.05% 102,400 $185K No change
NVO Novo-Nordisk A/S-Spons ADR 0.05% 1,530 $182K No change
EDU New Oriental Educatio-SP ADR 0.05% 2,300 $174K No change
BZ Kanzhun Ltd. - ADR 0.05% 10,000 $174K No change
TEVA Teva Pharmaceutical-SP ADR 0.05% 9,400 $169K New
ASX Ase Technology Holding -ADR 0.05% 17,100 $167K No change
DQ Daqo New Energy Corp.-ADR 0.05% 7,700 $157K No change
LU Lufax Holding Ltd.-ADR 0.04% 44,600 $156K No change
TV Grupo Televisa SA-Spon ADR 0.04% 60,500 $155K No change
ZTO Zto Express Cayman Inc.-ADR 0.04% 6,114 $151K No change
MNSO Miniso Group Holding Ltd.-ADR 0.04% 8,600 $151K New
DAVA Endava PLC- Spon ADR 0.04% 5,900 $151K No change
ASND Ascendis Pharma A/S 0.04% 1,004 $150K No change
IHG Intercontinental Hotels-ADR 0.04% 1,348 $149K No change
PDD PDD Holdings Inc. 0.04% 1,100 $148K New
SAN Banco Santander SA-Spon ADR 0.04% 29,693 $148K No change
PHI PLDT Inc.-Spon ADR 0.04% 5,224 $140K No change
UGP Ultrapar Particpac-Spon ADR 0.04% 35,700 $139K No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.04% 3,080 $138K No change
GSK GSK PLC-Spon ADR 0.04% 3,323 $136K No change
ASML ASML Holding NV-NY Reg SHS 0.04% 162 $135K No change
KEP Korea Elec Power Corp.-SP ADR 0.04% 17,015 $132K New
JHX James Hardie Ord 0.04% 3,252 $131K No change
UMC United Microelectron-SP ADR 0.04% 15,447 $130K No change
BANCOLOMBIA S.A.-SPONS ADR 0.04% 4,114 $129K No change
TME Tencent Music Entertainm-ADR 0.04% 10,700 $129K New
IQ Iqiyi Inc.-ADR 0.04% 44,500 $127K No change
SIMO Silicon Motion Technol-ADR 0.04% 2,036 $124K No change
NG Novagold Resources Inc. 0.04% 21,905 $122K Reduce -52.8%
PBR Petroleo Brasileiro-Spon ADR 0.03% 7,862 $113K Reduce -59.8%
MT Arcelormittal-NY Registered 0.03% 4,269 $111K New
E Eni SPA-Sponsored ADR 0.03% 3,653 $111K No change
BP BP PLC-Spons ADR 0.03% 3,450 $107K No change
AXIAY Axia Energia-ADR filed as CENTRAIS ELETRICAS BRASILEIR 0.03% 14,325 $104K New
ENIC Enel Chile SA-ADR 0.03% 36,302 $101K No change
WDS Woodside Energy Group-ADR 0.03% 5,806 $100K No change
PKX Posco Holdings Inc. -Spon ADR 0.03% 1,295 $91K New

Portfolio Sells Q2 2024 → Q3 2024
NVDA Nvidia Corp. Sold out 0.00% −4.90
STN Stantec Inc. Sold out 0.00% −3.54
ETN Eaton Corp. PLC Sold out 0.00% −3.43
TRP TC Energy Corp. Sold out 0.00% −3.25
C Citigroup Inc. Sold out 0.00% −3.07
FCX Freeport-McMoran Inc. Reduce -83.2% 0.36% −2.44
SYK Stryker Corp. Sold out 0.00% −1.56
MCK McKesson Corp. Sold out 0.00% −1.52
LLY Eli Lilly & Co. Reduce -1.4% 3.65% −1.41
QCOM Qualcomm Inc. Sold out 0.00% −1.39
AMZN Amazon.com Inc. Sold out 0.00% −1.28
VMC Vulcan Materials Co. Sold out 0.00% −1.16
GOOGL Alphabet Inc. Class A Sold out 0.00% −1.11
BRBR Bellring Brands Inc. Sold out 0.00% −1.11
RIO Rio Tinto PLC-Spon ADR Sold out 0.00% −0.79
VLO Valero Energy Corp. Sold out 0.00% −0.56
CCJ Cameco Corp. Sold out 0.00% −0.45
BNS Bank of Nova Scotia Reduce -64.1% 0.14% −0.29
AIRR First Trust Rba American Ind Sold out 0.00% −0.29
NEE Nextera Energy Inc. Reduce -0.1% 2.29% −0.28
FEZ State Street SPDR Euro Stoxx Sold out 0.00% −0.27
OC Owens Corning Sold out 0.00% −0.27
TDIV FT Nasdaq Tech DVD Index FD Sold out 0.00% −0.26
PICK iShares MSCI Global Metals & Sold out 0.00% −0.23
XLF SS Financial Select Sector Sold out 0.00% −0.23
XES SS SPDR S&P Og Eqp & Serv Sold out 0.00% −0.21
FCG First Trust Natural Gas ETF Sold out 0.00% −0.20
PNQI Invesco Nasdaq Internet ETF Sold out 0.00% −0.19
XOP SS SPDR S&P Og Exp & Prod Sold out 0.00% −0.19
DXJ Wisdomtree Japan Hedged Eq Sold out 0.00% −0.18
BLOK Amplify Blockchain Tech ETF Sold out 0.00% −0.16
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.15
HMY Harmony Gold MNG-Spon ADR Sold out 0.00% −0.14
GDX Vaneck Gold Miners ETF Reduce -27.2% 0.22% −0.13
AMLP Alerian MLP ETF Sold out 0.00% −0.12
GUNR NT Mstar GLBL NR ETF Sold out 0.00% −0.11
FIW First Trust Water ETF Reduce -30.3% 0.15% −0.11
RDVY First Trust Rising Dividend Reduce -18.4% 0.21% −0.11
OMAB Grupo Aeroportuario Cen-ADR Sold out 0.00% −0.10
URA Global X Uranium ETF Reduce -20.0% 0.15% −0.10
MCHI iShares MSCI China ETF Sold out 0.00% −0.10
SSL Sasol Ltd.-Sponsored ADR Sold out 0.00% −0.10
GDXJ Vaneck Junior Gold Miners Reduce -20.6% 0.21% −0.09
PSLV Sprott Physical Silver Trust Reduce -9.2% 0.23% −0.09
SDVY First Trust Smid Cap Rising Reduce -15.6% 0.19% −0.09
XME SS SPDR S&P Metals Mining Reduce -10.8% 0.21% −0.08
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.08
VIS Vanguard Industrials ETF Reduce -12.1% 0.22% −0.08
NOK Nokia Corp.-Spon ADR Sold out 0.00% −0.08
SILJ Amplify Junior Silver Miners Reduce -16.3% 0.20% −0.08

Portfolio Buys Q2 2024 → Q3 2024
CM Can Imperial BK of Commerce New 5.47% +5.47
TRI Thomson Reuters Corp. New 4.23% +4.23
IMO Imperial Oil Ltd. New 4.07% +4.07
AVGO Broadcom Inc. Add +1.8% 3.84% +3.37
GE General Electric New 3.33% +3.33
KGC Kinross Gold Corp. New 3.28% +3.28
PBA Pembina Pipeline Corp. New 3.26% +3.26
AAPL Apple Inc. Add +7941.9% 3.20% +3.15
IBM Intl Business Machines Corp. New 1.62% +1.62
ENB Enbridge Inc. New 1.37% +1.37
ABBV Abbvie Inc. New 1.13% +1.13
TECK Teck Resources Ltd.-CLS B New 1.13% +1.13
T AT&T Inc. New 0.87% +0.87
WCN Waste Connections Inc. Add +317.1% 1.21% +0.83
V Visa Inc. Class A New 0.82% +0.82
CPB The Campbell's Company New 0.70% +0.70
PM Philip Morris International New 0.63% +0.63
UBER Uber Technologies Inc. New 0.59% +0.59
AGI Alamos Gold Inc. Class A Add +1112.5% 0.63% +0.58
ACGL Arch Capital Group Ltd. New 0.57% +0.57
EMBJ Embraer SA-Spon ADR Add +624.7% 0.57% +0.49
REGN Regeneron Pharmaceuticals New 0.47% +0.47
RACE Ferrari NV New 0.30% +0.30
NVS Novartis AG-Sponsored ADR New 0.30% +0.30
AEM Agnico Eagle Mines Ltd. Add +15.8% 5.04% +0.26
HWM Howmet Aerospace Inc. Add +19.9% 1.53% +0.21
PAVE Global X US Infrastructure New 0.21% +0.21
EWJ iShares MSCI Japan ETF New 0.20% +0.20
FXR First Trust Indst/Producers New 0.19% +0.19
SO The Southern Co. Add +40.5% 1.01% +0.18
GD General Dynamics Corp. Add +36.5% 2.09% +0.12
HARMONY GOLD MINING CO LTD New 0.12% +0.12
PKW Invesco Buyback Achievers Et New 0.12% +0.12
CP Canadian Pacific Kansas City New 0.11% +0.11
SID Cia Siderurgica Nacl-SP ADR New 0.08% +0.08
BBD Banco Bradesco-ADR New 0.07% +0.07
KOF Coca-Cola Femsa Sab-SP ADR New 0.06% +0.06
CSANY Cosan SA -ADR New 0.05% +0.05
TEVA Teva Pharmaceutical-SP ADR New 0.05% +0.05
MNSO Miniso Group Holding Ltd.-ADR New 0.04% +0.04
PDD PDD Holdings Inc. New 0.04% +0.04
KEP Korea Elec Power Corp.-SP ADR New 0.04% +0.04
TME Tencent Music Entertainm-ADR New 0.04% +0.04
MSI Motorola Solutions Inc. Add +18.4% 1.21% +0.04
MT Arcelormittal-NY Registered New 0.03% +0.03
AXIAY Axia Energia-ADR New 0.03% +0.03
PKX Posco Holdings Inc. -Spon ADR New 0.03% +0.03
ARGT Global X MSCI Argentina ETF Add +23.9% 0.16% +0.01
COPX Global X Copper Miners ETF Add +33.6% 0.25% +0.01
XMMO Invesco S&P Midcap Momentum Add +32.6% 0.21% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 136$359.8MCAT, LRCX, HBM, HWM, RY
Q1 2026 114$292.2MSU, AGI, NTR, CP, IMO
Q4 2025 131$415.3MASML, ITA, BBVA, GFI, DGRO
Q3 2025 173$437.3MAEM, BMO, CCJ, SAN, IMO
Q2 2025 178$361.8MBMO, HWM, SAN, GEV, JPM
Q1 2025 146$268.5MAEM, KGC, ENB, JPM, HWM
Q4 2024 133$249.7MWCN, PGR, NVDA, RY, MSFT
Q3 2024 161$346.7MCM, AEM, TRI, IMO, AVGO
Q2 2024 173$259.3MLLY, NVDA, AEM, MSFT, COST
Q1 2024 173$385.5MIMO, CNQ, TRI, LLY, CM