Barometer Capital Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Barometer Capital Management Inc. reported 114 stock positions worth $292.2 million. Its top holding was Suncor Energy (SU) at 4.8% of the portfolio, followed by Alamos Gold Class A (AGI, 4.7%) and Nutrien (NTR, 4.5%). Compared with Q4 2025, it opened 54 new positions, sold out of 71, added to 35 and reduced 25. The biggest buy was a new position in Suncor Energy (SU) and the biggest sale an exit from ASML Holding NV-NY Reg SHS (ASML).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001536890
- Portfolio Value
- $292.2M (Q1 2026)
- SEC Filing
- 0001104659-26-058968 ↗ filed May 12, 2026
Holdings Value
Holdings 114 stocks · $292.2M
| SU Suncor Energy Inc. | 4.76% | 151,020 | $13.9M | New |
| AGI Alamos Gold Inc. Class A | 4.69% | 221,400 | $13.7M | Add +5403.4% |
| NTR Nutrien Ltd. | 4.50% | 125,300 | $13.2M | New |
| CP Canadian Pacific Kansas City | 4.31% | 115,000 | $12.6M | New |
| IMO Imperial Oil Ltd. | 4.11% | 65,870 | $12.0M | Add +14.8% |
| CAT Caterpillar Inc. | 4.00% | 16,532 | $11.7M | Reduce -76.2% |
| HWM Howmet Aerospace Inc. | 3.91% | 49,531 | $11.4M | Reduce -4.9% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 3.28% | 72,660 | $9.6M | Add +27.7% |
| AEM Agnico Eagle Mines Ltd. | 3.19% | 33,000 | $9.3M | Reduce -80.4% |
| BG Bunge Global SA | 3.08% | 70,700 | $9.0M | New |
| CNQ Canadian Natural Resources | 2.95% | 127,200 | $8.6M | New |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 2.85% | 44,500 | $8.3M | Add +3.4% |
| RTX RTX Corp. | 2.73% | 41,390 | $8.0M | Add +193.6% |
| ENB Enbridge Inc. | 2.52% | 97,800 | $7.4M | Add +1064.3% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 2.19% | 158,500 | $6.4M | Add +2338.5% |
| TLK Telkom Indonesia Persero-ADR filed as TELEKOMUNIKASI IND | 2.19% | 341,800 | $6.4M | New |
| NVDA Nvidia Corp. | 2.12% | 35,500 | $6.2M | Add +35.5% |
| KGC Kinross Gold Corp. | 1.93% | 132,600 | $5.6M | Add +2226.3% |
| GD General Dynamics Corp. | 1.58% | 13,497 | $4.6M | New |
| GEV GE Vernova Inc. | 1.51% | 5,050 | $4.4M | Reduce -65.2% |
| CDDRF Headwater Exploration Inc. | 1.44% | 328,200 | $4.2M | New |
| MFC Manulife Financial Corp. | 1.21% | 73,700 | $3.5M | New |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.19% | 75,100 | $3.5M | New |
| ASX Ase Technology Holding -ADR | 1.03% | 138,500 | $3.0M | New |
| BWXT BWX Technologies Inc. | 0.97% | 13,800 | $2.8M | New |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.89% | 74,200 | $2.6M | Add +211.8% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.86% | 126,900 | $2.5M | New |
| SAN Banco Santander SA-Spon ADR | 0.83% | 216,600 | $2.4M | Add +203.3% |
| AU Anglogold Ashanti PLC | 0.80% | 24,100 | $2.3M | Reduce -75.7% |
| TEVA Teva Pharmaceutical-SP ADR | 0.80% | 77,800 | $2.3M | New |
| BMA Banco Macro SA-ADR | 0.72% | 27,200 | $2.1M | Reduce -76.3% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.71% | 25,800 | $2.1M | New |
| RIO Rio Tinto PLC-Spon ADR | 0.69% | 21,600 | $2.0M | New |
| BBD Banco Bradesco-ADR | 0.69% | 560,900 | $2.0M | Add +4953.1% |
| GFI Gold Fields Ltd.-Spons ADR | 0.67% | 43,300 | $2.0M | Reduce -9.0% |
| CCJ Cameco Corp. | 0.66% | 12,800 | $1.9M | Reduce -96.8% |
| BCS Barclays PLC-Spons ADR | 0.63% | 86,500 | $1.8M | Add +2009.8% |
| HMY Harmony Gold MNG-Spon ADR | 0.60% | 117,000 | $1.8M | Add +1118.8% |
| STM Stmicroelectronics NV-NY SHS | 0.60% | 50,400 | $1.7M | New |
| CIB Grupo Cibest SA-ADR | 0.60% | 23,900 | $1.7M | Add +671.0% |
| VOD Vodafone Group PLC-SP ADR | 0.59% | 114,800 | $1.7M | New |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.57% | 78,600 | $1.7M | Add +13.2% |
| WDS Woodside Energy Group-ADR | 0.55% | 66,800 | $1.6M | New |
| EC Ecopetrol SA-Sponsored ADR | 0.53% | 109,000 | $1.6M | Add +2694.9% |
| LI Li Auto Inc. - ADR | 0.53% | 86,800 | $1.5M | New |
| VALE Vale SA-SP ADR | 0.53% | 97,200 | $1.5M | New |
| BIDU Baidu Inc. - Spon ADR | 0.52% | 13,625 | $1.5M | Reduce -80.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.52% | 4,490 | $1.5M | New |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.52% | 88,700 | $1.5M | Add +48.6% |
| SE Sea Ltd.-ADR | 0.51% | 18,100 | $1.5M | Add +302.2% |
| PKX Posco Holdings Inc. -Spon ADR | 0.48% | 23,800 | $1.4M | New |
| TV Grupo Televisa SA-Spon ADR | 0.45% | 451,900 | $1.3M | Add +5216.5% |
| NWG Natwest Group PLC -Spon ADR | 0.45% | 87,500 | $1.3M | Add +926.6% |
| SSL Sasol Ltd.-Sponsored ADR | 0.44% | 99,000 | $1.3M | Add +258.7% |
| VIV Telefonica Brasil-ADR | 0.44% | 80,500 | $1.3M | New |
| ZLAB Zai Lab Ltd.-ADR | 0.43% | 66,500 | $1.3M | New |
| UBS UBS Group AG-Reg | 0.43% | 32,800 | $1.2M | New |
| WF Woori Financial-Spon ADR | 0.40% | 17,600 | $1.2M | New |
| CRH CRH PLC | 0.40% | 11,050 | $1.2M | Reduce -69.3% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.40% | 11,600 | $1.2M | Add +46.8% |
| LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV | 0.39% | 38,100 | $1.1M | Add +2.7% |
| DQ Daqo New Energy Corp.-ADR | 0.39% | 53,500 | $1.1M | Reduce -37.3% |
| GMAB Genmab A/S -SP ADR | 0.39% | 42,400 | $1.1M | Add +842.2% |
| ARGX Argenx SE - ADR | 0.39% | 1,550 | $1.1M | New |
| EMBJ Embraer SA-Spon ADR | 0.38% | 18,900 | $1.1M | Add +4.4% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.37% | 8,000 | $1.1M | Reduce -8.1% |
| FMS Fresenius Medical Care-ADR | 0.36% | 46,200 | $1.0M | Add +569.6% |
| KEP Korea Elec Power Corp.-SP ADR | 0.35% | 71,600 | $1.0M | Add +313.9% |
| LU Lufax Holding Ltd.-ADR | 0.34% | 534,700 | $1000K | Add +7538.6% |
| BABA Alibaba Group Holding-SP ADR | 0.34% | 7,900 | $991K | Reduce -31.0% |
| HBM Hudbay Minerals Inc. | 0.34% | 33,750 | $983K | Add +259.0% |
| ASND Ascendis Pharma A/S | 0.33% | 4,170 | $954K | Reduce -95.4% |
| JD Jd.com Inc.-ADR | 0.30% | 30,500 | $871K | Reduce -22.4% |
| CRTO Criteo SA-Spon | 0.28% | 44,900 | $805K | Reduce -67.4% |
| TME Tencent Music Entertainm-ADR | 0.25% | 82,400 | $745K | New |
| CSANY Cosan SA -ADR | 0.24% | 171,600 | $707K | Add +1839.0% |
| PHYS Sprott Physical Gold Trust | 0.23% | 19,000 | $673K | New |
| SGDM Sprott Gold Miners ETF | 0.22% | 8,700 | $657K | New |
| GCOW Pacer Global Cash Cows Divid | 0.22% | 14,000 | $647K | New |
| OIH Vaneck Oil Services ETF | 0.22% | 1,600 | $647K | New |
| SILJ Amplify Junior Silver Miners | 0.22% | 21,300 | $633K | New |
| SIL Global X Silver Miners ETF | 0.22% | 7,000 | $631K | Reduce -74.7% |
| MOO Vaneck Agribusiness ETF | 0.21% | 7,400 | $625K | New |
| PSLV Sprott Physical Silver Trust | 0.21% | 25,400 | $620K | New |
| COPX Global X Copper Miners ETF | 0.21% | 8,100 | $618K | Reduce -75.6% |
| DXJ Wisdomtree Japan Hedged Eq | 0.21% | 3,800 | $603K | New |
| PIE Invesco Dorsey Wright Emergi | 0.21% | 23,100 | $601K | New |
| ICOW Pacer Developed Markets Inte | 0.20% | 14,100 | $598K | New |
| XES SS SPDR S&P Og Eqp & Serv | 0.20% | 5,100 | $593K | New |
| RELX Relx PLC - Spon ADR | 0.20% | 17,800 | $590K | Reduce -78.7% |
| WPP WPP PLC-Sponsored ADR | 0.18% | 34,400 | $535K | New |
| SAP Sap SE-Sponsored ADR | 0.18% | 3,050 | $513K | Reduce -98.3% |
| EWP iShares MSCI Spain ETF | 0.17% | 9,000 | $489K | Reduce -93.8% |
| WIT Wipro Ltd.-ADR | 0.17% | 227,800 | $483K | New |
| TAN Invesco Solar ETF | 0.16% | 8,600 | $479K | New |
| DAVA Endava PLC- Spon ADR | 0.16% | 106,300 | $470K | Add +32.5% |
| SID Cia Siderurgica Nacl-SP ADR filed as COMPANHIA SIDERURGICA NACION | 0.16% | 374,800 | $465K | Add +2415.4% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.16% | 13,900 | $454K | New |
| ILF iShares Latin America 40 ETF | 0.15% | 12,000 | $426K | Reduce -81.0% |
| EWZ iShares MSCI Brazil ETF | 0.15% | 11,100 | $426K | New |
Portfolio Sells Q4 2025 → Q1 2026
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −4.70 |
| ITA iShares U.S. Aerospace & Def | Sold out | 0.00% | −4.43 |
| DGRO iShares Core Dividend Growth | Sold out | 0.00% | −3.33 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −3.21 |
| MT Arcelormittal-NY Registered | Sold out | 0.00% | −3.16 |
| OMAB Grupo Aeroportuario Cen-ADR | Sold out | 0.00% | −3.12 |
| IDV iShares International Select | Sold out | 0.00% | −3.08 |
| AIA iShares Asia 50 ETF | Sold out | 0.00% | −3.04 |
| IHG Intercontinental Hotels-ADR | Sold out | 0.00% | −2.96 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -9.0% | 0.67% | −2.91 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −2.79 |
| EWP iShares MSCI Spain ETF | Reduce -93.8% | 0.17% | −2.63 |
| AADR Advisorshares Dorsey Wright | Sold out | 0.00% | −2.42 |
| ASND Ascendis Pharma A/S | Reduce -95.4% | 0.33% | −2.28 |
| COPX Global X Copper Miners ETF | Reduce -75.6% | 0.21% | −2.25 |
| AU Anglogold Ashanti PLC | Reduce -75.7% | 0.80% | −2.17 |
| EWT iShares MSCI Taiwan ETF | Reduce -94.9% | 0.06% | −2.09 |
| CCU Cia Cervecerias Uni-Spon ADR | Sold out | 0.00% | −1.78 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.73 |
| EDU New Oriental Educatio-SP ADR | Sold out | 0.00% | −1.29 |
| MFG Mizuho Financial Group-ADR | Sold out | 0.00% | −1.20 |
| GE General Electric | Sold out | 0.00% | −1.07 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.00 |
| BMA Banco Macro SA-ADR | Reduce -76.3% | 0.72% | −0.97 |
| BIDU Baidu Inc. - Spon ADR | Reduce -80.7% | 0.52% | −0.69 |
| ETHE Grayscale Ethereum Staking E | Sold out | 0.00% | −0.63 |
| RY Royal Bank of Canada | Sold out | 0.00% | −0.52 |
| EUAD Select Stoxx Eur Aer DE ETF | Sold out | 0.00% | −0.50 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.45 |
| LIT Global X Lithium & Battery T | Sold out | 0.00% | −0.34 |
| MUX McEwen Inc. | Sold out | 0.00% | −0.31 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.31 |
| QTUM Defiance Quantum ETF | Sold out | 0.00% | −0.30 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.29 |
| ESGE iShares Inc. iShares ESG Awar | Sold out | 0.00% | −0.27 |
| MS Morgan Stanley | Sold out | 0.00% | −0.26 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.25 |
| PAAS Pan American Silver Corp. | Sold out | 0.00% | −0.25 |
| AXIAY Axia Energia-ADR | Sold out | 0.00% | −0.24 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.23 |
| BN Brookfield Corp. | Sold out | 0.00% | −0.23 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.22 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.21 |
| SIMO Silicon Motion Technol-ADR | Sold out | 0.00% | −0.21 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.21 |
| SITM Sitime Corp. | Sold out | 0.00% | −0.20 |
| PSO Pearson PLC-Sponsored ADR | Sold out | 0.00% | −0.18 |
| EEM iShares MSCI Emerging Market | Reduce -65.5% | 0.08% | −0.17 |
| MOMO Hello Group Inc. -SPN ADR | Sold out | 0.00% | −0.17 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.17 |
Portfolio Buys Q4 2025 → Q1 2026
| SU Suncor Energy Inc. | New | 4.76% | +4.76 |
| AGI Alamos Gold Inc. Class A | Add +5403.4% | 4.69% | +4.52 |
| NTR Nutrien Ltd. | New | 4.50% | +4.50 |
| CP Canadian Pacific Kansas City | New | 4.31% | +4.31 |
| IMO Imperial Oil Ltd. | Add +14.8% | 4.11% | +3.88 |
| BG Bunge Global SA | New | 3.08% | +3.08 |
| CM Can Imperial BK of Commerce | Add +27.7% | 3.28% | +2.96 |
| CNQ Canadian Natural Resources | New | 2.95% | +2.95 |
| RTX RTX Corp. | Add +193.6% | 2.73% | +2.53 |
| ENB Enbridge Inc. | Add +1064.3% | 2.52% | +2.41 |
| TLK Telkom Indonesia Persero-ADR | New | 2.19% | +2.19 |
| GDS GDS Holdings Ltd. - ADR | Add +2338.5% | 2.19% | +1.93 |
| NVDA Nvidia Corp. | Add +35.5% | 2.12% | +1.83 |
| KGC Kinross Gold Corp. | Add +2226.3% | 1.93% | +1.82 |
| GD General Dynamics Corp. | New | 1.58% | +1.58 |
| CDDRF Headwater Exploration Inc. | New | 1.44% | +1.44 |
| MFC Manulife Financial Corp. | New | 1.21% | +1.21 |
| YPF YPF S.A.-Sponsored ADR | New | 1.19% | +1.19 |
| ASX Ase Technology Holding -ADR | New | 1.03% | +1.03 |
| BWXT BWX Technologies Inc. | New | 0.97% | +0.97 |
| SMFG Sumitomo Mitsui-Spons ADR | New | 0.86% | +0.86 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.80% | +0.80 |
| SQM Quimica Y Minera Chil-SP ADR | New | 0.71% | +0.71 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.69% | +0.69 |
| STM Stmicroelectronics NV-NY SHS | New | 0.60% | +0.60 |
| VOD Vodafone Group PLC-SP ADR | New | 0.59% | +0.59 |
| BBD Banco Bradesco-ADR | Add +4953.1% | 0.69% | +0.59 |
| WDS Woodside Energy Group-ADR | New | 0.55% | +0.55 |
| BCS Barclays PLC-Spons ADR | Add +2009.8% | 0.63% | +0.54 |
| LI Li Auto Inc. - ADR | New | 0.53% | +0.53 |
| VALE Vale SA-SP ADR | New | 0.53% | +0.53 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.52% | +0.52 |
| HMY Harmony Gold MNG-Spon ADR | Add +1118.8% | 0.60% | +0.49 |
| PKX Posco Holdings Inc. -Spon ADR | New | 0.48% | +0.48 |
| CIB Grupo Cibest SA-ADR | Add +671.0% | 0.60% | +0.46 |
| VIV Telefonica Brasil-ADR | New | 0.44% | +0.44 |
| ZLAB Zai Lab Ltd.-ADR | New | 0.43% | +0.43 |
| UBS UBS Group AG-Reg | New | 0.43% | +0.43 |
| WF Woori Financial-Spon ADR | New | 0.40% | +0.40 |
| SE Sea Ltd.-ADR | Add +302.2% | 0.51% | +0.40 |
| EC Ecopetrol SA-Sponsored ADR | Add +2694.9% | 0.53% | +0.40 |
| ARGX Argenx SE - ADR | New | 0.39% | +0.39 |
| SSL Sasol Ltd.-Sponsored ADR | Add +258.7% | 0.44% | +0.29 |
| GMAB Genmab A/S -SP ADR | Add +842.2% | 0.39% | +0.27 |
| KB KB Financial Group Inc.-ADR | Add +46.8% | 0.40% | +0.26 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +48.6% | 0.52% | +0.26 |
| TME Tencent Music Entertainm-ADR | New | 0.25% | +0.25 |
| FMS Fresenius Medical Care-ADR | Add +569.6% | 0.36% | +0.25 |
| KEP Korea Elec Power Corp.-SP ADR | Add +313.9% | 0.35% | +0.23 |
| PHYS Sprott Physical Gold Trust | New | 0.23% | +0.23 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 136 | $359.8M | CAT, LRCX, HBM, HWM, RY |
| Q1 2026 | 114 | $292.2M | SU, AGI, NTR, CP, IMO |
| Q4 2025 | 131 | $415.3M | ASML, ITA, BBVA, GFI, DGRO |
| Q3 2025 | 173 | $437.3M | AEM, BMO, CCJ, SAN, IMO |
| Q2 2025 | 178 | $361.8M | BMO, HWM, SAN, GEV, JPM |
| Q1 2025 | 146 | $268.5M | AEM, KGC, ENB, JPM, HWM |
| Q4 2024 | 133 | $249.7M | WCN, PGR, NVDA, RY, MSFT |
| Q3 2024 | 161 | $346.7M | CM, AEM, TRI, IMO, AVGO |
| Q2 2024 | 173 | $259.3M | LLY, NVDA, AEM, MSFT, COST |
| Q1 2024 | 173 | $385.5M | IMO, CNQ, TRI, LLY, CM |