Bristol Gate Capital Partners Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Bristol Gate Capital Partners Inc. reported 31 stock positions worth $1.6 billion. Its top holding was Targa Resources (TRGP) at 6.3% of the portfolio, followed by Wabtec (WAB, 5.7%) and McKesson (MCK, 5.2%). Compared with Q4 2025, it opened 5 new positions, sold out of 7, added to 8 and reduced 18. The biggest buy was a new position in Targa Resources (TRGP) and the biggest sale an exit from Old Dominion Freight Line (ODFL).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001650142
- Portfolio Value
- $1.6B (Q1 2026)
- SEC Filing
- 0001062993-26-002524 ↗ filed May 12, 2026
Holdings Value
Holdings 31 stocks · $1.6B
| TRGP Targa Resources Corp. | 6.30% | 389,655 | $97.7M | New |
| WAB Wabtec Corp. | 5.74% | 356,661 | $89.1M | Reduce -6.4% |
| MCK McKesson Corp. | 5.25% | 94,067 | $81.4M | Reduce -6.1% |
| WMT Walmart Inc. | 5.22% | 652,030 | $81.0M | New |
| TT Trane Technologies PLC | 5.13% | 191,026 | $79.6M | New |
| AMAT Applied Materials Inc. | 4.97% | 225,829 | $77.2M | Reduce -30.3% |
| IBKR Interactive Brokers Gro Class A | 4.91% | 1,135,210 | $76.1M | Reduce -6.3% |
| MA Mastercard Inc. Class A | 4.56% | 141,616 | $70.8M | Reduce -6.9% |
| AVGO Broadcom Inc. | 4.53% | 227,097 | $70.3M | Add +7.8% |
| LLY Eli Lilly & Co. | 4.48% | 75,612 | $69.5M | Reduce -6.2% |
| V Visa Inc. Class A | 4.40% | 226,102 | $68.3M | Reduce -6.2% |
| SHW The Sherwin-Williams Co. | 4.34% | 210,062 | $67.3M | Reduce -6.0% |
| GE General Electric filed as GE AEROSPACE | 4.31% | 235,546 | $66.8M | Reduce -6.2% |
| VRSK Verisk Analytics Inc. | 4.26% | 348,635 | $66.2M | New |
| MSCI MSCI Inc. | 4.17% | 120,209 | $64.8M | Reduce -0.6% |
| TMO Thermo Fisher Scientific Inc. | 4.09% | 129,062 | $63.4M | Reduce -6.5% |
| MCO Moody's Corp. | 4.06% | 144,288 | $62.9M | Reduce -6.9% |
| INTU Intuit Inc. | 3.87% | 138,884 | $60.1M | Add +25.6% |
| CTAS Cintas Corp. | 3.84% | 352,067 | $59.5M | Reduce -6.0% |
| APH Amphenol Corp. Class A | 3.77% | 463,289 | $58.5M | Reduce -24.2% |
| ACN Accenture PLC Class A | 3.73% | 292,167 | $57.9M | Reduce -3.3% |
| MSFT Microsoft Corp. | 3.47% | 145,506 | $53.9M | Reduce -6.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 6,850 | $4.5M | Reduce -69.7% |
| TRI Thomson Reuters Corp. | 0.04% | 7,491 | $674K | Add +87.6% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.04% | 6,934 | $655K | Add +0.0% |
| WCN Waste Connections Inc. | 0.04% | 3,979 | $644K | Add +30.0% |
| RY Royal Bank of Canada | 0.04% | 3,804 | $613K | Reduce -6.1% |
| CP Canadian Pacific Kansas City | 0.04% | 7,690 | $603K | New |
| CNI Canadian Natl Railway Co. | 0.04% | 5,700 | $585K | Add +0.0% |
| BN Brookfield Corp. | 0.04% | 14,290 | $577K | Add +0.3% |
| FSV Firstservice Corp. | 0.04% | 4,134 | $573K | Add +24.8% |
Portfolio Sells Q4 2025 → Q1 2026
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −4.97 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −4.64 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −3.98 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −3.53 |
| APH Amphenol Corp. Class A | Reduce -24.2% | 3.77% | −0.99 |
| ACN Accenture PLC Class A | Reduce -3.3% | 3.73% | −0.94 |
| MSFT Microsoft Corp. | Reduce -6.1% | 3.47% | −0.85 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -69.7% | 0.29% | −0.60 |
| TMO Thermo Fisher Scientific Inc. | Reduce -6.5% | 4.09% | −0.53 |
| LLY Eli Lilly & Co. | Reduce -6.2% | 4.48% | −0.51 |
| MCO Moody's Corp. | Reduce -6.9% | 4.06% | −0.51 |
| V Visa Inc. Class A | Reduce -6.2% | 4.40% | −0.47 |
| MA Mastercard Inc. Class A | Reduce -6.9% | 4.56% | −0.45 |
| CTAS Cintas Corp. | Reduce -6.0% | 3.84% | −0.22 |
| GE General Electric | Reduce -6.2% | 4.31% | −0.15 |
| TFII Tfi International Inc. | Sold out | 0.00% | −0.04 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.02 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.02 |
| RY Royal Bank of Canada | Reduce -6.1% | 0.04% | −0.00 |
| SHW The Sherwin-Williams Co. | Reduce -6.0% | 4.34% | +0.16 |
| AMAT Applied Materials Inc. | Reduce -30.3% | 4.97% | +0.17 |
| MSCI MSCI Inc. | Reduce -0.6% | 4.17% | +0.17 |
| IBKR Interactive Brokers Gro Class A | Reduce -6.3% | 4.91% | +0.41 |
| MCK McKesson Corp. | Reduce -6.1% | 5.25% | +0.51 |
| WAB Wabtec Corp. | Reduce -6.4% | 5.74% | +1.05 |
Portfolio Buys Q4 2025 → Q1 2026
| TRGP Targa Resources Corp. | New | 6.30% | +6.30 |
| WMT Walmart Inc. | New | 5.22% | +5.22 |
| TT Trane Technologies PLC | New | 5.13% | +5.13 |
| VRSK Verisk Analytics Inc. | New | 4.26% | +4.26 |
| AVGO Broadcom Inc. | Add +7.8% | 4.53% | +0.32 |
| CP Canadian Pacific Kansas City | New | 0.04% | +0.04 |
| TRI Thomson Reuters Corp. | Add +87.6% | 0.04% | +0.01 |
| WCN Waste Connections Inc. | Add +30.0% | 0.04% | +0.01 |
| FSV Firstservice Corp. | Add +24.8% | 0.04% | +0.01 |
| CM Can Imperial BK of Commerce | Add +0.0% | 0.04% | +0.01 |
| CNI Canadian Natl Railway Co. | Add +0.0% | 0.04% | +0.01 |
| BN Brookfield Corp. | Add +0.3% | 0.04% | −0.00 |
| INTU Intuit Inc. | Add +25.6% | 3.87% | −0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 33 | $1.4B | AMAT, KLAC, LLY, GE, TRGP |
| Q1 2026 | 31 | $1.6B | TRGP, WAB, MCK, WMT, TT |
| Q4 2025 | 33 | $1.7B | MA, LLY, ODFL, V, AMAT |
| Q3 2025 | 31 | $1.7B | AVGO, GE, MSFT, UNH, MA |
| Q2 2025 | 31 | $1.8B | GE, AVGO, INTU, MSFT, V |
| Q1 2025 | 32 | $2.0B | MCK, V, MRSH, MA, CTAS |
| Q4 2024 | 33 | $2.1B | AVGO, MSCI, MCO, MA, V |
| Q3 2024 | 31 | $2.2B | CARR, SHW, MCO, MSCI, UNH |
| Q2 2024 | 31 | $2.0B | MSFT, MCK, MCO, CARR, CTVA |
| Q1 2024 | 30 | $2.1B | CTAS, SHW, MA, AMAT, TMO |