Cibc World Market Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Cibc World Market Inc. reported 1,310 stock positions worth $48.3 billion. Its top holding was Toronto-Dominion Bank (TD) at 6.6% of the portfolio, followed by Royal Bank of Canada (RY, 6.6%) and Bank of Nova Scotia (BNS, 3.5%). Compared with Q2 2025, it opened 119 new positions, sold out of 83, added to 654 and reduced 468. The biggest buy was Shopify Class A (SHOP, shares +0%) and the biggest sale Canadian Natural Resources (CNQ, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001421224
- Portfolio Value
- $48.3B (Q3 2025)
- SEC Filing
- 0001421224-25-000012 ↗ filed Nov 6, 2025
Holdings Value
Holdings 1,310 stocks · $48.3B
| TD Toronto-Dominion Bank | 6.59% | 39,830,848 | $3.2B | Reduce -9.2% |
| RY Royal Bank of Canada | 6.56% | 21,492,918 | $3.2B | Reduce -9.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 3.53% | 26,342,169 | $1.7B | Reduce -7.0% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 3.36% | 12,444,855 | $1.6B | Reduce -8.2% |
| ENB Enbridge Inc. | 2.38% | 22,765,204 | $1.1B | Reduce -14.3% |
| SHOP Shopify Inc. Class A | 2.27% | 7,384,970 | $1.1B | Add +0.2% |
| TRP TC Energy Corp. | 2.19% | 19,448,334 | $1.1B | Reduce -10.1% |
| NVDA Nvidia Corp. | 2.07% | 5,361,093 | $1.0B | Add +3.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.96% | 11,851,549 | $946.8M | Add +0.1% |
| SU Suncor Energy Inc. | 1.89% | 21,787,459 | $911.6M | Reduce -9.4% |
| AAPL Apple Inc. | 1.68% | 3,185,383 | $811.1M | Reduce -22.3% |
| MSFT Microsoft Corp. | 1.57% | 1,465,637 | $759.1M | Add +1.1% |
| CNQ Canadian Natural Resources | 1.51% | 22,808,559 | $729.2M | Reduce -24.6% |
| AMZN Amazon.com Inc. | 1.47% | 3,241,475 | $711.7M | Add +3.9% |
| TU Telus Corp. | 1.22% | 37,457,915 | $589.9M | Reduce -12.8% |
| MFC Manulife Financial Corp. | 1.18% | 18,360,625 | $571.9M | Reduce -5.5% |
| AVGO Broadcom Inc. | 1.14% | 1,674,487 | $552.4M | Reduce -3.3% |
| AEM Agnico Eagle Mines Ltd. | 1.10% | 3,147,662 | $530.0M | Add +2.7% |
| BN Brookfield Corp. | 1.07% | 11,277,277 | $515.6M | Add +2.9% |
| CP Canadian Pacific Kansas City | 1.07% | 6,915,719 | $515.0M | Reduce -2.8% |
| EMA Emera Inc. | 1.02% | 10,300,805 | $494.1M | Reduce -5.0% |
| BCE Bce Inc. | 1.01% | 20,965,064 | $489.8M | Reduce -16.8% |
| GOOGL Alphabet Inc. Class A | 1.01% | 1,997,978 | $485.7M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 1.00% | 1,524,940 | $481.0M | Reduce -14.8% |
| RCI Rogers Communications Inc. Class B | 0.90% | 12,571,860 | $432.7M | Reduce -24.3% |
| B Barrick Mining Corp. | 0.89% | 13,127,159 | $431.1M | Reduce -5.6% |
| CLS Celestica Inc. | 0.88% | 1,735,145 | $426.9M | Reduce -6.8% |
| CNI Canadian Natl Railway Co. | 0.88% | 4,513,941 | $425.7M | Reduce -6.8% |
| FTS Fortis Inc. | 0.83% | 7,886,908 | $400.0M | Reduce -9.7% |
| GOOG Alphabet Inc. Class C | 0.82% | 1,623,358 | $395.4M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 0.81% | 530,145 | $389.3M | Reduce -1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 766,662 | $385.4M | Reduce -0.8% |
| PBA Pembina Pipeline Corp. | 0.79% | 9,468,295 | $382.7M | Reduce -14.2% |
| WPM Wheaton Precious Metals Corp. | 0.77% | 3,332,375 | $372.8M | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.76% | 547,724 | $364.9M | Reduce -10.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.73% | 587,718 | $352.8M | Add +4.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.70% | 1,218,532 | $340.3M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.69% | 1,370,202 | $331.5M | Add +0.4% |
| WCN Waste Connections Inc. | 0.65% | 1,790,593 | $314.7M | Add +3.6% |
| MA Mastercard Inc. Class A | 0.63% | 535,833 | $304.8M | Add +71.8% |
| V Visa Inc. Class A | 0.63% | 884,289 | $301.9M | Reduce -0.1% |
| SLF Sun Life Financial Inc. | 0.62% | 5,017,368 | $301.2M | Reduce -2.5% |
| NTR Nutrien Ltd. | 0.59% | 4,875,500 | $286.3M | Reduce -1.8% |
| COST Costco Wholesale Corp. | 0.58% | 302,430 | $279.9M | Reduce -0.8% |
| CCJ Cameco Corp. | 0.57% | 3,277,378 | $274.8M | Add +6.8% |
| XLI SS Industrial Select Sector | 0.52% | 1,613,487 | $248.8M | Reduce -0.0% |
| MGA Magna International Inc. | 0.50% | 5,124,812 | $242.8M | Reduce -20.3% |
| FNV Franco-Nevada Corp. | 0.50% | 1,075,402 | $239.3M | Reduce -9.0% |
| WMT Walmart Inc. | 0.46% | 2,137,987 | $220.3M | Reduce -5.1% |
| BIP Brookfield Infrastructure Pa | 0.45% | 6,663,634 | $219.2M | Reduce -6.8% |
| XOM Exxon Mobil Corp. | 0.43% | 1,846,219 | $208.2M | Add +41.8% |
| KGC Kinross Gold Corp. | 0.42% | 8,251,954 | $204.8M | Add +2.7% |
| GIB Cgi Inc. | 0.39% | 2,092,812 | $186.4M | Add +24.6% |
| XLY SS Consumer Disc Select Sect | 0.38% | 773,861 | $185.4M | Add +114.6% |
| CVE Cenovus Energy Inc. | 0.38% | 10,892,035 | $184.9M | Reduce -4.9% |
| XLE SS Energy Select Sector | 0.38% | 2,060,689 | $184.1M | Add +108.5% |
| BAM Brookfield Asset Mgmt-A | 0.38% | 3,220,088 | $183.4M | Reduce -33.2% |
| LLY Eli Lilly & Co. | 0.38% | 238,314 | $181.8M | Add +26.3% |
| QSR Restaurant Brands Intern | 0.37% | 2,806,242 | $180.0M | Add +3.6% |
| QCOM Qualcomm Inc. | 0.36% | 1,049,667 | $174.6M | Add +84.0% |
| HD Home Depot Inc. | 0.36% | 425,017 | $172.2M | Add +44.5% |
| XLC SS Comm Select Sector SPDR | 0.35% | 1,445,562 | $171.1M | Add +3427.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.35% | 1,949,741 | $170.0M | Add +136.2% |
| CTSH Cognizant Tech Solutions-A | 0.35% | 2,518,126 | $168.9M | Add +0.0% |
| TRI Thomson Reuters Corp. | 0.34% | 1,071,204 | $166.3M | Add +1.1% |
| ABBV Abbvie Inc. | 0.32% | 657,272 | $152.2M | Add +10.2% |
| XLV SS Health Care Select Sector | 0.31% | 1,078,200 | $150.1M | Add +2.4% |
| TECK Teck Resources Ltd.-CLS B | 0.31% | 3,365,081 | $147.7M | Reduce -16.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 2,832,241 | $146.1M | Reduce -17.6% |
| SCHD Schwab US DVD Equity ETF | 0.30% | 5,328,615 | $145.5M | Add +243.5% |
| TLT iShares 20+ Year Treasury BD | 0.28% | 1,490,621 | $133.2M | Add +429.3% |
| MCD McDonald's Corp. | 0.28% | 437,958 | $133.1M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.27% | 1,343,518 | $131.6M | Add +20.4% |
| NFLX Netflix Inc. | 0.27% | 109,088 | $130.8M | Add +1.8% |
| XLF SS Financial Select Sector | 0.27% | 2,393,929 | $129.0M | Reduce -6.5% |
| ORCL Oracle Corp. | 0.26% | 439,150 | $123.5M | Add +38.4% |
| TSLA Tesla Inc. | 0.25% | 269,400 | $119.8M | Reduce -0.7% |
| UNH Unitedhealth Group Inc. | 0.24% | 336,679 | $116.3M | Add +28.8% |
| KO The Coca-Cola Co. | 0.23% | 1,679,600 | $111.4M | Add +15.3% |
| PEP Pepsico Inc. | 0.22% | 759,590 | $106.7M | Add +191.8% |
| IMO Imperial Oil Ltd. | 0.22% | 1,147,044 | $104.0M | Reduce -20.2% |
| CVX Chevron Corp. | 0.21% | 663,931 | $103.1M | Add +14.8% |
| JNJ Johnson & Johnson | 0.19% | 505,487 | $93.7M | Add +2.0% |
| IVV iShares Core S&P 500 ETF | 0.19% | 139,148 | $93.1M | Add +22.9% |
| GLD SPDR Gold Shares | 0.19% | 257,140 | $91.4M | Add +9.2% |
| VZ Verizon Communications Inc. | 0.19% | 2,066,121 | $90.8M | Add +9.1% |
| SOBO South Bow Corp. | 0.19% | 3,194,578 | $90.4M | Add +1.5% |
| XLB SS Materials Select Sector | 0.19% | 1,000,520 | $89.7M | Reduce -41.9% |
| GS Goldman Sachs Group Inc. | 0.18% | 110,819 | $88.3M | Reduce -25.7% |
| FSV Firstservice Corp. | 0.18% | 453,889 | $86.5M | Add +0.9% |
| MS Morgan Stanley | 0.18% | 535,823 | $85.2M | Reduce -9.4% |
| OTEX Open Text Corp. | 0.17% | 2,225,009 | $83.2M | Add +14.6% |
| CSCO Cisco Systems Inc. | 0.17% | 1,206,519 | $82.6M | Add +22.9% |
| XLP SS Consumer Staples Sel Sect | 0.17% | 1,051,805 | $82.4M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 0.17% | 981,601 | $82.4M | Add +0.3% |
| BLK BlackRock Inc. | 0.16% | 67,548 | $78.8M | Add +0.3% |
| BEP Brookfield Renewable Partner | 0.15% | 2,862,172 | $73.8M | Reduce -5.6% |
| BOKF Bok Financial Corporation | 0.15% | 654,000 | $72.9M | No change |
| WFC Wells Fargo & Co. | 0.15% | 855,864 | $71.7M | Reduce -25.1% |
| CAT Caterpillar Inc. | 0.15% | 150,279 | $71.7M | Reduce -7.1% |
Options reported separately and not counted above: BRK.A calls ($1.8B), NVDA calls ($1.7B), SHOP calls ($1.3B), EWC puts ($490.3M), BRK.A puts ($301.7M), XLF puts ($269.5M), TSLA puts ($137.0M), TSLA calls ($134.4M), XLF calls ($110.4M), BCE puts ($85.4M), BMO puts ($84.7M), BNS calls ($77.9M), and 82 more.
Portfolio Sells Q2 2025 → Q3 2025
| CNQ Canadian Natural Resources | Reduce -24.6% | 1.51% | −0.59 |
| TD Toronto-Dominion Bank | Reduce -9.2% | 6.59% | −0.54 |
| RY Royal Bank of Canada | Reduce -9.1% | 6.56% | −0.33 |
| TU Telus Corp. | Reduce -12.8% | 1.22% | −0.31 |
| ENB Enbridge Inc. | Reduce -14.3% | 2.38% | −0.29 |
| CNI Canadian Natl Railway Co. | Reduce -6.8% | 0.88% | −0.23 |
| BCE Bce Inc. | Reduce -16.8% | 1.01% | −0.22 |
| BAM Brookfield Asset Mgmt-A | Reduce -33.2% | 0.38% | −0.21 |
| RCI Rogers Communications Inc. Class B | Reduce -24.3% | 0.90% | −0.20 |
| MFC Manulife Financial Corp. | Reduce -5.5% | 1.18% | −0.19 |
| CP Canadian Pacific Kansas City | Reduce -2.8% | 1.07% | −0.18 |
| AAPL Apple Inc. | Reduce -22.3% | 1.68% | −0.18 |
| JPM JPMorgan Chase & Co. | Reduce -14.8% | 1.00% | −0.15 |
| XLB SS Materials Select Sector | Reduce -41.9% | 0.19% | −0.15 |
| TRP TC Energy Corp. | Reduce -10.1% | 2.19% | −0.15 |
| SLF Sun Life Financial Inc. | Reduce -2.5% | 0.62% | −0.14 |
| PBA Pembina Pipeline Corp. | Reduce -14.2% | 0.79% | −0.13 |
| CCI Crown Castle Inc. | Reduce -65.7% | 0.05% | −0.12 |
| SU Suncor Energy Inc. | Reduce -9.4% | 1.89% | −0.10 |
| FTS Fortis Inc. | Reduce -9.7% | 0.83% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 0.58% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -36.3% | 0.12% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.9% | 0.76% | −0.09 |
| EMA Emera Inc. | Reduce -5.0% | 1.02% | −0.08 |
| BIP Brookfield Infrastructure Pa | Reduce -6.8% | 0.45% | −0.08 |
| CRM Salesforce Inc. | Reduce -41.5% | 0.07% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -1.3% | 0.81% | −0.07 |
| V Visa Inc. Class A | Reduce -0.1% | 0.63% | −0.07 |
| INTU Intuit Inc. | Reduce -69.7% | 0.02% | −0.07 |
| PLD Prologis Inc. | Reduce -41.0% | 0.10% | −0.07 |
| SBUX Starbucks Corp. | Reduce -56.0% | 0.04% | −0.06 |
| EWC iShares MSCI Canada ETF | Reduce -61.6% | 0.04% | −0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -22.5% | 0.13% | −0.06 |
| BAC Bank of America Corp. | Reduce -17.6% | 0.30% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -19.2% | 0.14% | −0.06 |
| TECK Teck Resources Ltd.-CLS B | Reduce -16.5% | 0.31% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -25.1% | 0.15% | −0.05 |
| XP XP Inc. Class A | Sold out | 0.00% | −0.05 |
| ABT Abbott Laboratories | Reduce -28.7% | 0.10% | −0.05 |
| GS Goldman Sachs Group Inc. | Reduce -25.7% | 0.18% | −0.05 |
| FTNT Fortinet Inc. | Reduce -73.9% | 0.01% | −0.05 |
| MGA Magna International Inc. | Reduce -20.3% | 0.50% | −0.05 |
| NTR Nutrien Ltd. | Reduce -1.8% | 0.59% | −0.05 |
| AEP American Electric Power | Reduce -61.8% | 0.03% | −0.05 |
| DECK Deckers Outdoor Corp. | Reduce -90.8% | 0.00% | −0.04 |
| SPGI S&P Global Inc. | Reduce -37.8% | 0.05% | −0.04 |
| ETSY Etsy Inc. | Reduce -92.3% | 0.00% | −0.04 |
| IMO Imperial Oil Ltd. | Reduce -20.2% | 0.22% | −0.04 |
| WBD Warner Bros Discovery Inc. | Reduce -98.2% | 0.00% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -15.2% | 0.06% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| SHOP Shopify Inc. Class A | Add +0.2% | 2.27% | +0.39 |
| XLC SS Comm Select Sector SPDR | Add +3427.3% | 0.35% | +0.34 |
| AEM Agnico Eagle Mines Ltd. | Add +2.7% | 1.10% | +0.29 |
| NVDA Nvidia Corp. | Add +3.7% | 2.07% | +0.26 |
| MA Mastercard Inc. Class A | Add +71.8% | 0.63% | +0.24 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 1.01% | +0.23 |
| TLT iShares 20+ Year Treasury BD | Add +429.3% | 0.28% | +0.22 |
| XLY SS Consumer Disc Select Sect | Add +114.6% | 0.38% | +0.21 |
| SCHD Schwab US DVD Equity ETF | Add +243.5% | 0.30% | +0.21 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +136.2% | 0.35% | +0.20 |
| XLE SS Energy Select Sector | Add +108.5% | 0.38% | +0.20 |
| QCOM Qualcomm Inc. | Add +84.0% | 0.36% | +0.16 |
| KGC Kinross Gold Corp. | Add +2.7% | 0.42% | +0.15 |
| PEP Pepsico Inc. | Add +191.8% | 0.22% | +0.14 |
| CAR Avis Budget Group Inc. | New | 0.13% | +0.13 |
| XOM Exxon Mobil Corp. | Add +41.8% | 0.43% | +0.12 |
| HD Home Depot Inc. | Add +44.5% | 0.36% | +0.12 |
| WPM Wheaton Precious Metals Corp. | Add +0.6% | 0.77% | +0.11 |
| CM Can Imperial BK of Commerce | Add +0.1% | 1.96% | +0.10 |
| ORCL Oracle Corp. | Add +38.4% | 0.26% | +0.10 |
| REXR Rexford Industrial Realty Inc. | New | 0.09% | +0.09 |
| ABBV Abbvie Inc. | Add +10.2% | 0.32% | +0.07 |
| CCJ Cameco Corp. | Add +6.8% | 0.57% | +0.06 |
| DASH DoorDash Inc. Class A | Add +1312.0% | 0.07% | +0.06 |
| UNH Unitedhealth Group Inc. | Add +28.8% | 0.24% | +0.06 |
| IYR iShares US Real Estate ETF | Add +1235.6% | 0.06% | +0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Add +139.9% | 0.10% | +0.06 |
| LLY Eli Lilly & Co. | Add +26.3% | 0.38% | +0.05 |
| SA Seabridge Gold Inc. | Add +16.5% | 0.11% | +0.05 |
| OTEX Open Text Corp. | Add +14.6% | 0.17% | +0.05 |
| LRCX Lam Research Corp. | Add +39.4% | 0.10% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.6% | 0.73% | +0.04 |
| HOOD Robinhood Markets Inc. Class A | Add +150.4% | 0.06% | +0.04 |
| UBER Uber Technologies Inc. | Add +20.4% | 0.27% | +0.04 |
| TGT Target Corp. | Add +816.4% | 0.05% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +38.6% | 0.12% | +0.04 |
| HTZ Hertz Global Hldgs Inc. | Add +150.8% | 0.07% | +0.04 |
| GDX Vaneck Gold Miners ETF | Add +49.9% | 0.08% | +0.04 |
| COF Capital One Financial Corp. | Add +184.7% | 0.06% | +0.04 |
| MU Micron Technology Inc. | Add +21.2% | 0.11% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +22.9% | 0.19% | +0.04 |
| MDLZ Mondelez International Inc. Class A | Add +99.5% | 0.09% | +0.04 |
| SPMO Invesco S&P 500 Momentum ETF | Add +546.5% | 0.04% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +0.4% | 0.69% | +0.03 |
| SPG Simon Property Group Inc. | Add +191.9% | 0.05% | +0.03 |
| MO Altria Group Inc. | Add +62.3% | 0.08% | +0.03 |
| LEN Lennar Corp. Class A | Add +993.0% | 0.03% | +0.03 |
| GLD SPDR Gold Shares | Add +9.2% | 0.19% | +0.03 |
| CVX Chevron Corp. | Add +14.8% | 0.21% | +0.03 |
| LULU Lululemon Athletica Inc. | Add +143.2% | 0.07% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| BRK.A Berkshire Hathaway Inc. Class A | call | New | 2,400 | $1.8B |
| NVDA Nvidia Corp. | call | Reduce -1.1% | 9,192,716 | $1.7B |
| SHOP Shopify Inc. Class A | call | Add +1.0% | 8,610,000 | $1.3B |
| EWC iShares MSCI Canada ETF | put | Reduce -19.8% | 9,700,000 | $490.3M |
| BRK.A Berkshire Hathaway Inc. Class A | put | New | 400 | $301.7M |
| XLF SS Financial Select Sector | put | Reduce -49.5% | 5,003,700 | $269.5M |
| TSLA Tesla Inc. | put | Add +32.7% | 308,166 | $137.0M |
| XLE SS Energy Select Sector | put | Sold out | 1,600,000 | $135.7Mbefore exit |
| TSLA Tesla Inc. | call | Reduce -33.7% | 302,264 | $134.4M |
| XLF SS Financial Select Sector | call | Reduce -10.9% | 2,050,000 | $110.4M |
| BCE Bce Inc. | put | Add +6.6% | 3,657,000 | $85.4M |
| BNS Bank of Nova Scotia | call | Add +2.9% | 1,205,600 | $77.9M |
| TU Telus Corp. | put | Reduce -2.8% | 4,325,000 | $68.1M |
| RY Royal Bank of Canada | call | Reduce -71.4% | 440,000 | $64.8M |
| MFC Manulife Financial Corp. | put | Add +12.3% | 1,825,000 | $56.8M |
| RY Royal Bank of Canada | put | Add +10.1% | 354,100 | $52.2M |
| DELL Dell Technologies -C | call | Add +81.3% | 290,000 | $41.1M |
| SHOP Shopify Inc. Class A | put | Add +69.0% | 245,000 | $36.4M |
| TD Toronto-Dominion Bank | put | Add +0.5% | 448,500 | $35.9M |
| SLF Sun Life Financial Inc. | call | Add +32.0% | 516,100 | $31.0M |
| RCI Rogers Communications Inc. Class B | call | New | 654,100 | $22.5M |
| NBHC National Bank Hold Class A | call | Add +194.7% | 560,000 | $21.6M |
| TECK Teck Resources Ltd.-CLS B | put | New | 480,000 | $21.1M |
| TD Toronto-Dominion Bank | call | Reduce -87.6% | 256,700 | $20.5M |
| AEM Agnico Eagle Mines Ltd. | call | Add +1384.0% | 120,200 | $20.2M |
| TRI Thomson Reuters Corp. | call | Sold out | 100,000 | $20.1Mbefore exit |
| SCHD Schwab US DVD Equity ETF | put | Sold out | 680,000 | $18.0Mbefore exit |
| SCHD Schwab US DVD Equity ETF | call | Sold out | 680,000 | $18.0Mbefore exit |
| ENB Enbridge Inc. | put | Add +235.0% | 335,000 | $16.9M |
| B Barrick Mining Corp. | call | Add +27.9% | 503,200 | $16.5M |
| RCI Rogers Communications Inc. Class B | put | Add +200.0% | 450,000 | $15.5M |
| BCE Bce Inc. | call | Add +34.0% | 591,500 | $13.8M |
| BMO Bank of Montreal | call | Add +33.3% | 100,000 | $13.0M |
| ENB Enbridge Inc. | call | Reduce -44.4% | 250,000 | $12.6M |
| SU Suncor Energy Inc. | call | Sold out | 317,700 | $11.9Mbefore exit |
| META Meta Platforms Inc. Class A | put | New | 14,700 | $10.8M |
| WCN Waste Connections Inc. | call | New | 60,000 | $10.5M |
| NTR Nutrien Ltd. | call | Add +36.0% | 170,000 | $10.0M |
| TRP TC Energy Corp. | put | Add +125.0% | 180,000 | $9.8M |
| UAL United Airlines Holdings Inc. | put | New | 100,000 | $9.7M |
| SPG Simon Property Group Inc. | call | Sold out | 60,000 | $9.6Mbefore exit |
| CCJ Cameco Corp. | call | Reduce -77.1% | 112,100 | $9.4M |
| COST Costco Wholesale Corp. | put | New | 9,400 | $8.7M |
| CNI Canadian Natl Railway Co. | put | New | 88,000 | $8.3M |
| WFG West Fraser Timber Co. Ltd. | call | Add +368.5% | 121,800 | $8.3M |
| HBM Hudbay Minerals Inc. | call | New | 470,000 | $7.1M |
| TU Telus Corp. | call | Add +21.4% | 425,000 | $6.7M |
| AMZN Amazon.com Inc. | put | Add +709.5% | 29,950 | $6.6M |
| MFC Manulife Financial Corp. | call | Sold out | 200,000 | $6.4Mbefore exit |
| CNQ Canadian Natural Resources | put | Reduce -38.4% | 150,000 | $4.8M |
Showing the first 50 of 89.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| NESRW National Energy Service-CW23 | *W EXP 06/06/202 | Sold out | 50,000 | $301Kbefore exit |
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 |