Cibc World Market Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Cibc World Market Inc. reported 1,274 stock positions worth $45.2 billion. Its top holding was Toronto-Dominion Bank (TD) at 7.1% of the portfolio, followed by Royal Bank of Canada (RY, 6.9%) and Bank of Nova Scotia (BNS, 3.5%). Compared with Q1 2025, it opened 126 new positions, sold out of 119, added to 547 and reduced 551. The biggest buy was a new position in Emera (EMA) and the biggest sale iShares Russell 2000 ETF (IWM, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001421224
- Portfolio Value
- $45.2B (Q2 2025)
- SEC Filing
- 0001421224-25-000010 ↗ filed Aug 14, 2025
Holdings Value
Holdings 1,274 stocks · $45.2B
| TD Toronto-Dominion Bank | 7.13% | 43,872,464 | $3.2B | Reduce -11.2% |
| RY Royal Bank of Canada | 6.88% | 23,646,375 | $3.1B | Reduce -11.8% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 3.46% | 28,324,364 | $1.6B | Reduce -8.4% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 3.32% | 13,551,901 | $1.5B | Reduce -20.7% |
| ENB Enbridge Inc. | 2.66% | 26,567,072 | $1.2B | Reduce -10.1% |
| TRP TC Energy Corp. | 2.34% | 21,640,354 | $1.1B | Reduce -10.4% |
| CNQ Canadian Natural Resources | 2.10% | 30,247,105 | $949.8M | Reduce -8.1% |
| SU Suncor Energy Inc. | 1.99% | 24,036,604 | $900.2M | Reduce -10.7% |
| SHOP Shopify Inc. Class A | 1.88% | 7,367,819 | $849.9M | Reduce -8.2% |
| AAPL Apple Inc. | 1.86% | 4,097,059 | $840.6M | Reduce -3.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.86% | 11,834,931 | $838.3M | Reduce -7.0% |
| NVDA Nvidia Corp. | 1.81% | 5,171,057 | $817.0M | Reduce -2.5% |
| MSFT Microsoft Corp. | 1.60% | 1,449,474 | $721.0M | Reduce -22.5% |
| TU Telus Corp. | 1.53% | 42,953,407 | $689.8M | Reduce -7.5% |
| AMZN Amazon.com Inc. | 1.51% | 3,118,816 | $684.2M | Reduce -1.9% |
| BN Brookfield Corp. | 1.50% | 10,955,279 | $677.6M | Reduce -5.7% |
| MFC Manulife Financial Corp. | 1.37% | 19,426,733 | $620.9M | Reduce -11.1% |
| CP Canadian Pacific Kansas City | 1.25% | 7,113,930 | $563.9M | Reduce -6.1% |
| BCE Bce Inc. | 1.24% | 25,200,178 | $558.7M | Reduce -4.1% |
| JPM JPMorgan Chase & Co. | 1.15% | 1,789,997 | $518.9M | Reduce -22.0% |
| CNI Canadian Natl Railway Co. | 1.12% | 4,844,477 | $504.0M | Reduce -26.0% |
| EMA Emera Inc. | 1.10% | 10,845,968 | $497.2M | New |
| RCI Rogers Communications Inc. Class B | 1.09% | 16,604,237 | $492.9M | Add +2.9% |
| AVGO Broadcom Inc. | 1.06% | 1,731,701 | $477.3M | Add +11.4% |
| FTS Fortis Inc. | 0.92% | 8,735,909 | $417.4M | Add +11.0% |
| PBA Pembina Pipeline Corp. | 0.92% | 11,035,262 | $414.7M | Reduce -16.7% |
| META Meta Platforms Inc. Class A | 0.88% | 537,009 | $396.4M | Reduce -3.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.84% | 614,682 | $379.8M | Add +55.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.83% | 772,887 | $375.4M | Add +2.3% |
| AEM Agnico Eagle Mines Ltd. | 0.81% | 3,064,733 | $365.4M | Reduce -13.6% |
| GOOGL Alphabet Inc. Class A | 0.77% | 1,981,767 | $349.2M | Reduce -35.6% |
| SLF Sun Life Financial Inc. | 0.76% | 5,147,796 | $342.8M | Reduce -15.0% |
| WCN Waste Connections Inc. | 0.72% | 1,728,894 | $323.2M | Reduce -1.9% |
| V Visa Inc. Class A | 0.70% | 884,926 | $314.2M | Reduce -3.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.69% | 562,113 | $310.1M | Reduce -16.3% |
| COST Costco Wholesale Corp. | 0.67% | 304,835 | $301.8M | Reduce -24.3% |
| WPM Wheaton Precious Metals Corp. | 0.66% | 3,311,890 | $298.1M | Reduce -10.0% |
| IWM iShares Russell 2000 ETF | 0.65% | 1,365,276 | $294.6M | Reduce -43.5% |
| CLS Celestica Inc. | 0.64% | 1,861,107 | $291.0M | Add +2.9% |
| B Barrick Mining Corp. | 0.64% | 13,902,187 | $289.7M | Reduce -14.5% |
| NTR Nutrien Ltd. | 0.64% | 4,962,319 | $289.4M | Reduce -7.7% |
| GOOG Alphabet Inc. Class C | 0.64% | 1,628,143 | $288.8M | Reduce -8.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.61% | 1,221,153 | $276.6M | Add +2.9% |
| BAM Brookfield Asset Mgmt-A | 0.59% | 4,821,341 | $266.5M | Add +29.4% |
| MGA Magna International Inc. | 0.55% | 6,429,904 | $248.7M | Add +11.3% |
| BIP Brookfield Infrastructure Pa | 0.53% | 7,151,292 | $239.6M | Reduce -0.8% |
| XLI SS Industrial Select Sector | 0.53% | 1,613,731 | $238.1M | Reduce -0.7% |
| CCJ Cameco Corp. | 0.50% | 3,068,462 | $227.8M | Reduce -9.4% |
| WMT Walmart Inc. | 0.49% | 2,253,703 | $220.4M | Reduce -20.0% |
| TRI Thomson Reuters Corp. | 0.47% | 1,059,834 | $213.3M | Reduce -1.4% |
| CTSH Cognizant Tech Solutions-A | 0.43% | 2,517,259 | $196.4M | Reduce -9.1% |
| FNV Franco-Nevada Corp. | 0.43% | 1,181,889 | $194.2M | Reduce -11.2% |
| QSR Restaurant Brands Intern | 0.40% | 2,708,154 | $179.5M | Reduce -25.3% |
| GIB Cgi Inc. | 0.39% | 1,680,284 | $176.6M | Reduce -11.7% |
| MA Mastercard Inc. Class A | 0.39% | 311,818 | $175.2M | Add +3.3% |
| TECK Teck Resources Ltd.-CLS B | 0.36% | 4,031,170 | $162.8M | Reduce -4.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 3,437,953 | $162.7M | Reduce -21.5% |
| CVE Cenovus Energy Inc. | 0.35% | 11,450,756 | $155.9M | Reduce -5.2% |
| XLB SS Materials Select Sector | 0.33% | 1,722,214 | $151.2M | Add +72.1% |
| LLY Eli Lilly & Co. | 0.33% | 188,680 | $147.1M | Add +2.5% |
| NFLX Netflix Inc. | 0.32% | 107,137 | $143.5M | Add +18.5% |
| XLV SS Health Care Select Sector | 0.31% | 1,052,932 | $141.9M | Add +1.9% |
| XOM Exxon Mobil Corp. | 0.31% | 1,301,771 | $140.3M | Add +30.9% |
| XLF SS Financial Select Sector | 0.30% | 2,559,481 | $134.0M | Add +2160.2% |
| MCD McDonald's Corp. | 0.29% | 447,585 | $130.8M | Add +25.7% |
| KGC Kinross Gold Corp. | 0.28% | 8,036,501 | $125.7M | Reduce -6.0% |
| IMO Imperial Oil Ltd. | 0.25% | 1,436,763 | $114.2M | Add +15.0% |
| ABBV Abbvie Inc. | 0.25% | 596,637 | $110.7M | Add +2.3% |
| HD Home Depot Inc. | 0.24% | 294,179 | $107.9M | Reduce -28.4% |
| GS Goldman Sachs Group Inc. | 0.23% | 149,099 | $105.5M | Reduce -35.3% |
| UBER Uber Technologies Inc. | 0.23% | 1,116,358 | $104.2M | Add +33.2% |
| KO The Coca-Cola Co. | 0.23% | 1,456,192 | $103.0M | Reduce -10.3% |
| WFC Wells Fargo & Co. | 0.20% | 1,142,592 | $91.5M | Reduce -35.8% |
| PG The Procter & Gamble Co. | 0.20% | 571,902 | $91.1M | Add +0.3% |
| QCOM Qualcomm Inc. | 0.20% | 570,577 | $90.9M | Reduce -15.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 306,450 | $90.3M | Add +3.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 169,773 | $86.5M | Add +30.6% |
| TSLA Tesla Inc. | 0.19% | 271,391 | $86.2M | Add +40.5% |
| XLP SS Consumer Staples Sel Sect | 0.19% | 1,052,836 | $85.2M | Add +2385.2% |
| XLE SS Energy Select Sector | 0.19% | 988,181 | $83.8M | Reduce -66.5% |
| MS Morgan Stanley | 0.18% | 591,147 | $83.3M | Reduce -24.9% |
| CVX Chevron Corp. | 0.18% | 578,378 | $82.8M | Add +50.4% |
| VZ Verizon Communications Inc. | 0.18% | 1,893,381 | $81.9M | Reduce -7.4% |
| SOBO South Bow Corp. | 0.18% | 3,147,016 | $81.8M | Reduce -2.1% |
| UNH Unitedhealth Group Inc. | 0.18% | 261,396 | $81.5M | Reduce -16.1% |
| FSV Firstservice Corp. | 0.17% | 449,735 | $78.5M | Reduce -4.8% |
| XLY SS Consumer Disc Select Sect | 0.17% | 360,678 | $78.4M | Reduce -64.7% |
| MRK Merck & Co. Inc. | 0.17% | 978,816 | $77.5M | Add +10.4% |
| BEP Brookfield Renewable Partner | 0.17% | 3,032,264 | $77.4M | Add +3.7% |
| JNJ Johnson & Johnson | 0.17% | 495,464 | $75.7M | Reduce -49.0% |
| PLD Prologis Inc. | 0.17% | 713,817 | $75.0M | Add +123.4% |
| CCI Crown Castle Inc. | 0.16% | 725,435 | $74.5M | Add +242.2% |
| GLD SPDR Gold Shares | 0.16% | 235,527 | $71.8M | Reduce -2.6% |
| BLK BlackRock Inc. | 0.16% | 67,378 | $70.7M | Reduce -20.1% |
| T AT&T Inc. | 0.16% | 2,430,059 | $70.3M | Add +22.5% |
| IVV iShares Core S&P 500 ETF | 0.16% | 113,208 | $70.3M | Reduce -8.4% |
| RSP Invesco S&P 500 Equal Weight | 0.15% | 384,939 | $70.0M | Reduce -0.5% |
| ABT Abbott Laboratories | 0.15% | 511,466 | $69.6M | Add +137.7% |
| ORCL Oracle Corp. | 0.15% | 317,377 | $69.4M | Reduce -2.5% |
| CSCO Cisco Systems Inc. | 0.15% | 981,771 | $68.1M | Add +5.4% |
Options reported separately and not counted above: NVDA calls ($1.5B), SHOP calls ($983.4M), EWC puts ($559.0M), XLF puts ($518.9M), RY calls ($202.2M), TD calls ($152.1M), TSLA calls ($144.9M), XLE puts ($135.7M), XLF calls ($120.5M), BCE puts ($76.1M), TSLA puts ($73.8M), BMO puts ($71.9M), and 67 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $301K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NESRW National Energy Service-CW23 | *W EXP 06/06/202 | 50,000 | $301K | New |
Total filed on the 13F, all lines: $45.2B.
Portfolio Sells Q1 2025 → Q2 2025
| IWM iShares Russell 2000 ETF | Reduce -43.5% | 0.65% | −0.45 |
| XLE SS Energy Select Sector | Reduce -66.5% | 0.19% | −0.44 |
| XLC SS Comm Select Sector SPDR | Reduce -98.0% | 0.01% | −0.44 |
| NVS Novartis AG-Sponsored ADR | Reduce -91.5% | 0.04% | −0.43 |
| BMO Bank of Montreal | Reduce -20.7% | 3.32% | −0.41 |
| SU Suncor Energy Inc. | Reduce -10.7% | 1.99% | −0.39 |
| CNI Canadian Natl Railway Co. | Reduce -26.0% | 1.12% | −0.34 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -68.7% | 0.15% | −0.33 |
| ENB Enbridge Inc. | Reduce -10.1% | 2.66% | −0.32 |
| GOOGL Alphabet Inc. Class A | Reduce -35.6% | 0.77% | −0.31 |
| AAPL Apple Inc. | Reduce -3.7% | 1.86% | −0.30 |
| PBA Pembina Pipeline Corp. | Reduce -16.7% | 0.92% | −0.29 |
| XLY SS Consumer Disc Select Sect | Reduce -64.7% | 0.17% | −0.29 |
| TRP TC Energy Corp. | Reduce -10.4% | 2.34% | −0.27 |
| CNQ Canadian Natural Resources | Reduce -8.1% | 2.10% | −0.21 |
| COST Costco Wholesale Corp. | Reduce -24.3% | 0.67% | −0.20 |
| JNJ Johnson & Johnson | Reduce -49.0% | 0.17% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -16.1% | 0.18% | −0.19 |
| MFC Manulife Financial Corp. | Reduce -11.1% | 1.37% | −0.18 |
| QSR Restaurant Brands Intern | Reduce -25.3% | 0.40% | −0.15 |
| BCE Bce Inc. | Reduce -4.1% | 1.24% | −0.14 |
| JPM JPMorgan Chase & Co. | Reduce -22.0% | 1.15% | −0.14 |
| HON Honeywell International Inc. | Reduce -56.6% | 0.11% | −0.13 |
| HD Home Depot Inc. | Reduce -28.4% | 0.24% | −0.11 |
| WFC Wells Fargo & Co. | Reduce -35.8% | 0.20% | −0.09 |
| PEP Pepsico Inc. | Reduce -45.2% | 0.08% | −0.09 |
| B Barrick Mining Corp. | Reduce -14.5% | 0.64% | −0.08 |
| WMT Walmart Inc. | Reduce -20.0% | 0.49% | −0.08 |
| WCN Waste Connections Inc. | Reduce -1.9% | 0.72% | −0.07 |
| AEM Agnico Eagle Mines Ltd. | Reduce -13.6% | 0.81% | −0.07 |
| MO Altria Group Inc. | Reduce -57.8% | 0.04% | −0.07 |
| BABA Alibaba Group Holding-SP ADR | Reduce -32.2% | 0.08% | −0.07 |
| BAC Bank of America Corp. | Reduce -21.5% | 0.36% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -35.3% | 0.23% | −0.05 |
| BOKF Bok Financial Corporation | Reduce -19.9% | 0.14% | −0.05 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -55.6% | 0.04% | −0.05 |
| CTSH Cognizant Tech Solutions-A | Reduce -9.1% | 0.43% | −0.05 |
| FNV Franco-Nevada Corp. | Reduce -11.2% | 0.43% | −0.05 |
| GIB Cgi Inc. | Reduce -11.7% | 0.39% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -42.6% | 0.08% | −0.04 |
| V Visa Inc. Class A | Reduce -3.8% | 0.70% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -90.6% | 0.00% | −0.04 |
| FISV Fiserv Inc. | Reduce -27.6% | 0.05% | −0.04 |
| ACN Accenture PLC Class A | Reduce -49.7% | 0.03% | −0.04 |
| CVE Cenovus Energy Inc. | Reduce -5.2% | 0.35% | −0.04 |
| CB Chubb Ltd. | Reduce -84.3% | 0.01% | −0.04 |
| KO The Coca-Cola Co. | Reduce -10.3% | 0.23% | −0.04 |
| NOW ServiceNow Inc. | Reduce -43.8% | 0.09% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -15.8% | 0.20% | −0.04 |
| TRGP Targa Resources Corp. | Reduce -23.2% | 0.07% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| EMA Emera Inc. | New | 1.10% | +1.10 |
| AVGO Broadcom Inc. | Add +11.4% | 1.06% | +0.46 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +55.5% | 0.84% | +0.34 |
| CLS Celestica Inc. | Add +2.9% | 0.64% | +0.32 |
| XLF SS Financial Select Sector | Add +2160.2% | 0.30% | +0.28 |
| XLP SS Consumer Staples Sel Sect | Add +2385.2% | 0.19% | +0.18 |
| BAM Brookfield Asset Mgmt-A | Add +29.4% | 0.59% | +0.18 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.9% | 0.61% | +0.16 |
| XLB SS Materials Select Sector | Add +72.1% | 0.33% | +0.14 |
| NFLX Netflix Inc. | Add +18.5% | 0.32% | +0.13 |
| LUV Southwest Airlines Co. | New | 0.12% | +0.12 |
| CCI Crown Castle Inc. | Add +242.2% | 0.16% | +0.11 |
| RCI Rogers Communications Inc. Class B | Add +2.9% | 1.09% | +0.11 |
| FTS Fortis Inc. | Add +11.0% | 0.92% | +0.11 |
| MGA Magna International Inc. | Add +11.3% | 0.55% | +0.10 |
| UBER Uber Technologies Inc. | Add +33.2% | 0.23% | +0.09 |
| ABT Abbott Laboratories | Add +137.7% | 0.15% | +0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +30.6% | 0.19% | +0.09 |
| PLD Prologis Inc. | Add +123.4% | 0.17% | +0.08 |
| EWC iShares MSCI Canada ETF | Add +482.7% | 0.10% | +0.08 |
| TSLA Tesla Inc. | Add +40.5% | 0.19% | +0.08 |
| WELL Welltower Inc. | Add +414.2% | 0.09% | +0.07 |
| AMT American Tower Corp. | Add +186.4% | 0.11% | +0.07 |
| ANET Arista Networks Inc. | Add +377.2% | 0.07% | +0.06 |
| TFII Tfi International Inc. | Add +41.2% | 0.14% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +135.2% | 0.09% | +0.05 |
| DLR Digital Realty Trust Inc. | Add +761.7% | 0.05% | +0.05 |
| DECK Deckers Outdoor Corp. | Add +4006.3% | 0.05% | +0.05 |
| IMO Imperial Oil Ltd. | Add +15.0% | 0.25% | +0.05 |
| FWRD Forward Air Corp. | New | 0.05% | +0.05 |
| PANW Palo Alto Networks Inc. | Add +25.3% | 0.15% | +0.05 |
| SBUX Starbucks Corp. | Add +93.0% | 0.10% | +0.04 |
| ETSY Etsy Inc. | Add +1355.0% | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +30.9% | 0.31% | +0.04 |
| GEV GE Vernova Inc. | Add +0.5% | 0.10% | +0.04 |
| CVX Chevron Corp. | Add +50.4% | 0.18% | +0.04 |
| NKE Nike Inc. Class B | Add +47.9% | 0.10% | +0.04 |
| MCD McDonald's Corp. | Add +25.7% | 0.29% | +0.04 |
| LYV Live Nation Entertainment Inc. | Add +323.6% | 0.04% | +0.04 |
| CTVA Corteva Inc. | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | Add +10.1% | 0.11% | +0.03 |
| DOO BRP Inc./Ca- Sub Voting | Add +1680.7% | 0.03% | +0.03 |
| APP AppLovin Corp. Class A | Add +54.9% | 0.07% | +0.03 |
| NEE Nextera Energy Inc. | Add +91.3% | 0.07% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +453.0% | 0.04% | +0.03 |
| IBM Intl Business Machines Corp. | Add +3.2% | 0.20% | +0.03 |
| APD Air Products & Chemicals Inc. | Add +512.0% | 0.04% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | Add +139.1% | 0.05% | +0.03 |
| APH Amphenol Corp. Class A | Add +53.9% | 0.05% | +0.03 |
| HTZ Hertz Global Hldgs Inc. | New | 0.03% | +0.03 |
Options Activity Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | call | Add +3027.8% | 9,292,600 | $1.5B |
| SHOP Shopify Inc. Class A | call | Add +2589.3% | 8,525,000 | $983.4M |
| EWC iShares MSCI Canada ETF | put | Reduce -13.9% | 12,100,000 | $559.0M |
| XLF SS Financial Select Sector | put | Add +22.2% | 9,907,800 | $518.9M |
| RY Royal Bank of Canada | call | Add +6.3% | 1,536,900 | $202.2M |
| TD Toronto-Dominion Bank | call | Add +77.0% | 2,071,000 | $152.1M |
| TSLA Tesla Inc. | call | Reduce -50.1% | 456,000 | $144.9M |
| XLE SS Energy Select Sector | put | Add +6.7% | 1,600,000 | $135.7M |
| XLF SS Financial Select Sector | call | Reduce -2.1% | 2,300,000 | $120.5M |
| BCE Bce Inc. | put | Reduce -5.5% | 3,432,000 | $76.1M |
| TSLA Tesla Inc. | put | Reduce -40.7% | 232,300 | $73.8M |
| TU Telus Corp. | put | Reduce -8.3% | 4,450,000 | $71.5M |
| BNS Bank of Nova Scotia | call | Reduce -30.2% | 1,172,100 | $64.8M |
| BNS Bank of Nova Scotia | put | Reduce -50.8% | 971,800 | $53.7M |
| RY Royal Bank of Canada | put | Reduce -48.4% | 321,600 | $42.3M |
| CCJ Cameco Corp. | call | New | 488,700 | $36.3M |
| TD Toronto-Dominion Bank | put | Reduce -51.7% | 446,500 | $32.8M |
| EWC iShares MSCI Canada ETF | call | Reduce -19.5% | 650,000 | $30.0M |
| SLF Sun Life Financial Inc. | put | Reduce -25.8% | 431,400 | $28.7M |
| SLF Sun Life Financial Inc. | call | Reduce -27.7% | 391,100 | $26.0M |
| ENB Enbridge Inc. | call | Add +2116.8% | 450,000 | $20.4M |
| TRI Thomson Reuters Corp. | call | New | 100,000 | $20.1M |
| DELL Dell Technologies -C | call | New | 160,000 | $19.6M |
| SCHD Schwab US DVD Equity ETF | put | New | 680,000 | $18.0M |
| SCHD Schwab US DVD Equity ETF | call | New | 680,000 | $18.0M |
| SHOP Shopify Inc. Class A | put | Add +2.1% | 145,000 | $16.7M |
| NTR Nutrien Ltd. | put | Add +39.0% | 285,000 | $16.6M |
| OR Or Royalties Inc. | call | Sold out | 722,900 | $15.3Mbefore exit |
| GEV GE Vernova Inc. | put | New | 25,000 | $13.2M |
| SU Suncor Energy Inc. | call | Reduce -62.2% | 317,700 | $11.9M |
| CLS Celestica Inc. | call | Sold out | 149,000 | $11.8Mbefore exit |
| BCE Bce Inc. | call | Reduce -31.2% | 441,500 | $9.8M |
| BMO Bank of Montreal | call | Reduce -76.9% | 75,000 | $8.3M |
| B Barrick Mining Corp. | call | Add +1.4% | 393,600 | $8.2M |
| LSPD Lightspeed Commerce Inc. | call | Sold out | 900,000 | $7.9Mbefore exit |
| CNQ Canadian Natural Resources | put | Reduce -55.2% | 243,600 | $7.6M |
| SU Suncor Energy Inc. | put | New | 200,000 | $7.5M |
| NTR Nutrien Ltd. | call | Reduce -75.3% | 125,000 | $7.3M |
| BAM Brookfield Asset Mgmt-A | put | Sold out | 150,000 | $7.3Mbefore exit |
| NBHC National Bank Hold Class A | call | New | 190,000 | $7.1M |
| BEP Brookfield Renewable Partner | call | Sold out | 300,700 | $6.7Mbefore exit |
| F Ford Motor Co. | put | Reduce -47.8% | 600,000 | $6.5M |
| MFC Manulife Financial Corp. | call | Add +100.0% | 200,000 | $6.4M |
| SMH Vaneck Semiconductor ETF | put | Sold out | 30,000 | $6.3Mbefore exit |
| CNI Canadian Natl Railway Co. | put | Sold out | 60,000 | $5.8Mbefore exit |
| TU Telus Corp. | call | Reduce -53.3% | 350,000 | $5.6M |
| OR Or Royalties Inc. | put | Sold out | 240,000 | $5.1Mbefore exit |
| META Meta Platforms Inc. Class A | put | Sold out | 7,000 | $4.0Mbefore exit |
| NUE Nucor Corp. | call | Sold out | 30,000 | $3.6Mbefore exit |
| LSPD Lightspeed Commerce Inc. | put | Sold out | 400,000 | $3.5Mbefore exit |
Showing the first 50 of 82.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| NESRW National Energy Service-CW23 | *W EXP 06/06/202 | New | 50,000 | $301K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,469 | $59.4B | TD, RY, BMO, BNS, ENB |
| Q1 2026 | 1,397 | $56.9B | TD, RY, CNQ, BNS, BMO |
| Q4 2025 | 1,348 | $55.9B | TD, RY, BNS, BMO, CNQ |
| Q3 2025 | 1,310 | $48.3B | TD, RY, BNS, BMO, ENB |
| Q2 2025 | 1,274 | $45.2B | TD, RY, BNS, BMO, ENB |
| Q1 2025 | 1,267 | $43.8B | RY, TD, BMO, BNS, ENB |
| Q4 2024 | 1,265 | $43.5B | RY, TD, BNS, BMO, ENB |
| Q3 2024 | 1,217 | $44.4B | RY, TD, BNS, BMO, CM |
| Q2 2024 | 1,186 | $40.3B | RY, TD, BMO, BNS, ENB |
| Q1 2024 | 1,208 | $39.0B | RY, TD, BMO, BNS, TRP |