Claret Asset Management Corp
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 29, 2024), Claret Asset Management Corp reported 210 stock positions worth $593.6 million. Its top holding was North American Construction (NOA) at 7.7% of the portfolio, followed by Cgi (GIB, 7.6%) and Microsoft (MSFT, 5.1%). Compared with Q4 2023, it opened 34 new positions, sold out of 13, added to 29 and reduced 126. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Denny's (DENN, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001735513
- Portfolio Value
- $593.6M (Q1 2024)
- SEC Filing
- 0001735513-24-000003 ↗ filed Apr 29, 2024
Holdings Value
Holdings 210 stocks · $593.6M
| NOA North American Construction | 7.66% | 2,043,610 | $45.5M | Reduce -1.0% |
| GIB Cgi Inc. | 7.58% | 407,420 | $45.0M | Reduce -0.3% |
| MSFT Microsoft Corp. | 5.10% | 71,968 | $30.3M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 4.78% | 58,442 | $28.4M | Reduce -12.2% |
| ABBV Abbvie Inc. | 4.30% | 140,109 | $25.5M | Reduce -1.5% |
| OLLI Ollie's Bargain Outlet Holdi | 4.15% | 309,462 | $24.6M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 4.08% | 160,495 | $24.2M | Add +0.3% |
| OCSL Oaktree Specialty Lending Co. | 3.95% | 1,191,891 | $23.4M | Add +2.9% |
| CVS CVS Health Corp. | 3.75% | 279,266 | $22.3M | Reduce -0.4% |
| QIPT Quipt Home Medical Corp. | 3.31% | 4,490,857 | $19.6M | Add +4.2% |
| ULTA Ulta Beauty Inc. | 3.30% | 37,452 | $19.6M | Add +0.0% |
| CTSH Cognizant Tech Solutions-A | 2.87% | 232,067 | $17.0M | Reduce -0.6% |
| RY Royal Bank of Canada | 2.28% | 133,960 | $13.5M | Add +1.3% |
| CSCO Cisco Systems Inc. | 2.22% | 264,242 | $13.2M | Add +0.2% |
| JNJ Johnson & Johnson | 1.69% | 63,491 | $10.0M | Add +0.4% |
| BMY Bristol-Myers Squibb Co. | 1.53% | 167,247 | $9.1M | Add +14.5% |
| C Citigroup Inc. | 1.39% | 130,132 | $8.2M | Reduce -0.9% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 1.38% | 161,958 | $8.2M | Add +3.0% |
| ALYAF Alithya Group Inc. Class A | 1.38% | 5,320,438 | $8.2M | Reduce -1.2% |
| PYPL PayPal Holdings Inc. | 1.30% | 115,600 | $7.7M | Add +3.8% |
| SAIC Science Applications Inte | 1.14% | 52,000 | $6.8M | Reduce -0.3% |
| TSCO Tractor Supply Company | 1.12% | 25,394 | $6.6M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 1.10% | 42,816 | $6.5M | Reduce -1.4% |
| SHEL Shell PLC-ADR | 1.09% | 96,605 | $6.5M | Reduce -0.8% |
| DENN Denny's Corp. | 1.08% | 714,687 | $6.4M | Reduce -15.3% |
| QCOM Qualcomm Inc. | 0.99% | 34,875 | $5.9M | Reduce -1.7% |
| WRN Western Copper and Gold Corp. | 0.95% | 3,698,800 | $5.7M | No change |
| PARAA Paramount Global Class B | 0.86% | 434,835 | $5.1M | Add +10.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.80% | 24,870 | $4.7M | Reduce -1.0% |
| BCE Bce Inc. | 0.72% | 125,903 | $4.3M | Add +41.1% |
| ESI Element Solutions Inc. | 0.70% | 165,921 | $4.1M | Reduce -0.6% |
| WMT Walmart Inc. | 0.70% | 68,857 | $4.1M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.63% | 5,144 | $3.8M | Reduce -0.5% |
| UI Ubiquiti Inc. | 0.62% | 31,645 | $3.7M | Reduce -0.7% |
| TD Toronto-Dominion Bank | 0.62% | 60,656 | $3.7M | Reduce -3.4% |
| GWRS Global Water Resources Inc. | 0.59% | 271,820 | $3.5M | Reduce -0.5% |
| PFE Pfizer Inc. | 0.58% | 123,253 | $3.4M | Add +31.3% |
| AGRO Adecoagro SA | 0.55% | 297,547 | $3.3M | Reduce -1.0% |
| NVDA Nvidia Corp. | 0.55% | 3,599 | $3.3M | Add +0.5% |
| KVUE Kenvue Inc. | 0.49% | 136,253 | $2.9M | Add +0.2% |
| MCK McKesson Corp. | 0.46% | 5,045 | $2.7M | Reduce -0.8% |
| NVT Nvent Electric PLC | 0.45% | 35,786 | $2.7M | Reduce -4.1% |
| ISRG Intuitive Surgical Inc. | 0.42% | 6,249 | $2.5M | Reduce -1.1% |
| CLS Celestica Inc. | 0.42% | 54,846 | $2.5M | Reduce -4.5% |
| CAH Cardinal Health Inc. | 0.41% | 21,837 | $2.4M | Reduce -0.7% |
| MDT Medtronic PLC | 0.41% | 27,806 | $2.4M | Reduce -6.4% |
| CAE Cae Inc. | 0.41% | 117,221 | $2.4M | Reduce -2.6% |
| SHW The Sherwin-Williams Co. | 0.41% | 6,937 | $2.4M | Reduce -0.6% |
| MFC Manulife Financial Corp. | 0.38% | 90,042 | $2.3M | Add +0.2% |
| CP Canadian Pacific Kansas City | 0.36% | 23,969 | $2.1M | Reduce -1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 3,437 | $1.8M | Reduce -6.4% |
| MBC Masterbrand Inc. | 0.30% | 94,094 | $1.8M | Reduce -24.1% |
| CNI Canadian Natl Railway Co. | 0.29% | 13,004 | $1.7M | Add +1.4% |
| STN Stantec Inc. | 0.26% | 18,362 | $1.5M | Reduce -3.0% |
| KO The Coca-Cola Co. | 0.25% | 23,915 | $1.5M | Reduce -1.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.25% | 11,030 | $1.5M | Reduce -0.7% |
| NEM Newmont Corp. | 0.22% | 37,071 | $1.3M | Reduce -18.1% |
| SHOP Shopify Inc. Class A | 0.22% | 16,542 | $1.3M | No change |
| CCJ Cameco Corp. | 0.21% | 28,960 | $1.3M | No change |
| PHYS Sprott Physical Gold Trust | 0.20% | 68,082 | $1.2M | Reduce -0.3% |
| NPK National Presto Inds Inc. | 0.18% | 12,997 | $1.1M | Reduce -0.4% |
| TFII Tfi International Inc. | 0.18% | 6,706 | $1.1M | Reduce -4.5% |
| BKE The Buckle Inc. | 0.18% | 25,915 | $1.0M | Reduce -1.6% |
| MRK Merck & Co. Inc. | 0.17% | 7,838 | $1.0M | No change |
| RBA RB Global Inc. | 0.17% | 13,438 | $1.0M | Reduce -5.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.17% | 7,966 | $1.0M | Add +8.9% |
| ICLN iShares Global Clean Energy | 0.17% | 72,000 | $1.0M | Add +356.3% |
| TSLA Tesla Inc. | 0.17% | 5,590 | $983K | Reduce -0.8% |
| V Visa Inc. Class A | 0.16% | 3,385 | $945K | Add +1.6% |
| PRMW Primo Water Corp. | 0.16% | 51,640 | $940K | Reduce -5.3% |
| VREX Varex Imaging Corp. | 0.16% | 51,390 | $930K | Reduce -7.0% |
| NGD New Gold Inc. | 0.16% | 550,000 | $926K | No change |
| LOW Lowe's Cos Inc. | 0.15% | 3,519 | $896K | Reduce -3.4% |
| WCN Waste Connections Inc. | 0.15% | 5,129 | $882K | Reduce -3.4% |
| SANG Sangoma Technologies Corp. | 0.14% | 175,760 | $850K | Reduce -5.3% |
| PBA Pembina Pipeline Corp. | 0.14% | 23,999 | $847K | Reduce -2.2% |
| CIGI Colliers Intl GR-Subord Vot | 0.14% | 6,756 | $826K | Reduce -5.3% |
| TAP Molson Coors Beverage Co. Class B | 0.14% | 12,030 | $809K | Reduce -5.7% |
| DSGX The Descartes Systems Grp | 0.13% | 8,664 | $793K | Reduce -5.2% |
| TTWO Take-Two Interactive Softwre | 0.13% | 5,325 | $791K | Add +2.1% |
| ENB Enbridge Inc. | 0.13% | 21,177 | $766K | Add +10.9% |
| EMR Emerson Electric Co. | 0.13% | 6,734 | $764K | Reduce -1.8% |
| HD Home Depot Inc. | 0.12% | 1,906 | $731K | Reduce -0.6% |
| NVEI Nuvei Corp.-Subordinate VTG | 0.12% | 22,742 | $719K | Reduce -5.3% |
| ROK Rockwell Automation Inc. | 0.12% | 2,356 | $686K | Reduce -2.0% |
| OTEX Open Text Corp. | 0.11% | 17,165 | $667K | Reduce -5.0% |
| VMD Viemed Healthcare Inc. | 0.11% | 69,188 | $652K | Reduce -7.7% |
| SYK Stryker Corp. | 0.10% | 1,728 | $618K | Reduce -2.6% |
| ORCL Oracle Corp. | 0.10% | 4,769 | $599K | Reduce -5.8% |
| MA Mastercard Inc. Class A | 0.10% | 1,219 | $587K | Add +1.7% |
| VGT Vanguard Info Tech ETF | 0.10% | 1,088 | $570K | No change |
| JPM JPMorgan Chase & Co. | 0.09% | 2,743 | $549K | Add +8.0% |
| TU Telus Corp. | 0.09% | 33,418 | $535K | Add +0.1% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.09% | 8,042 | $526K | Reduce -1.9% |
| TRP TC Energy Corp. | 0.09% | 12,608 | $507K | Reduce -0.0% |
| VVX V2X Inc. | 0.08% | 10,347 | $483K | Reduce -0.6% |
| SU Suncor Energy Inc. | 0.08% | 12,847 | $474K | Add +0.5% |
| GTLS Chart Industries Inc. | 0.08% | 2,855 | $470K | No change |
| SLF Sun Life Financial Inc. | 0.08% | 8,334 | $455K | Add +3.4% |
| OEC Orion SA | 0.08% | 19,228 | $452K | Reduce -0.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) | NOTE 9.000% 8/0 · principal | 1,500,000 | $1.5M | New |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 300,000 | $250K | No change |
Total filed on the 13F, all lines: $595.4M.
Portfolio Sells Q4 2023 → Q1 2024
| DENN Denny's Corp. | Reduce -15.3% | 1.08% | −0.56 |
| CTSH Cognizant Tech Solutions-A | Reduce -0.6% | 2.87% | −0.29 |
| GIB Cgi Inc. | Reduce -0.3% | 7.58% | −0.26 |
| CVS CVS Health Corp. | Reduce -0.4% | 3.75% | −0.21 |
| UI Ubiquiti Inc. | Reduce -0.7% | 0.62% | −0.18 |
| NEM Newmont Corp. | Reduce -18.1% | 0.22% | −0.11 |
| TD Toronto-Dominion Bank | Reduce -3.4% | 0.62% | −0.11 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -0.8% | 4.15% | −0.09 |
| TSLA Tesla Inc. | Reduce -0.8% | 0.17% | −0.08 |
| CAE Cae Inc. | Reduce -2.6% | 0.41% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -0.8% | 1.09% | −0.06 |
| NOA North American Construction | Reduce -1.0% | 7.66% | −0.05 |
| GWRS Global Water Resources Inc. | Reduce -0.5% | 0.59% | −0.05 |
| BKE The Buckle Inc. | Reduce -1.6% | 0.18% | −0.05 |
| VREX Varex Imaging Corp. | Reduce -7.0% | 0.16% | −0.05 |
| AGRO Adecoagro SA | Reduce -1.0% | 0.55% | −0.04 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.04 |
| GE General Electric | Sold out | 0.00% | −0.04 |
| VSXY Victoria's Secret & Co. | Sold out | 0.00% | −0.04 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.04 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.04 |
| HUM Humana Inc. | Sold out | 0.00% | −0.04 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.04 |
| RCI Rogers Communications Inc. Class B | Sold out | 0.00% | −0.04 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.04 |
| IT Gartner Inc. | Sold out | 0.00% | −0.04 |
| R Ryder System Inc. | Sold out | 0.00% | −0.04 |
| CABO Cable One Inc. | Sold out | 0.00% | −0.04 |
| MBC Masterbrand Inc. | Reduce -24.1% | 0.30% | −0.03 |
| MDT Medtronic PLC | Reduce -6.4% | 0.41% | −0.03 |
| OTEX Open Text Corp. | Reduce -5.0% | 0.11% | −0.02 |
| WBA Walgreens Boots Alliance Inc. | Reduce -4.0% | 0.07% | −0.02 |
| DISH Dish Network Corp. Class A | Sold out | 0.00% | −0.02 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -5.3% | 0.14% | −0.02 |
| OEC Orion SA | Reduce -0.5% | 0.08% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -2.0% | 0.12% | −0.02 |
| ZM Zoom Communications Inc. | Reduce -1.9% | 0.09% | −0.02 |
| SAIC Science Applications Inte | Reduce -0.3% | 1.14% | −0.02 |
| STN Stantec Inc. | Reduce -3.0% | 0.26% | −0.02 |
| PEP Pepsico Inc. | Reduce -15.6% | 0.05% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.4% | 0.30% | −0.01 |
| WBD Warner Bros Discovery Inc. | Reduce -6.5% | 0.02% | −0.01 |
| EWZ iShares MSCI Brazil ETF | Reduce -0.5% | 0.06% | −0.01 |
| PBA Pembina Pipeline Corp. | Reduce -2.2% | 0.14% | −0.01 |
| TIXT Telus International Cda Inc. | Reduce -5.3% | 0.06% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.0% | 0.25% | −0.01 |
| DLTR Dollar Tree Inc. | Reduce -3.6% | 0.04% | −0.01 |
| CLVT Clarivate PLC | Reduce -7.3% | 0.02% | −0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -9.5% | 0.04% | −0.01 |
| MMM 3M Co. | Reduce -0.3% | 0.07% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +0.5% | 0.55% | +0.23 |
| BMY Bristol-Myers Squibb Co. | Add +14.5% | 1.53% | +0.19 |
| ICLN iShares Global Clean Energy | Add +356.3% | 0.17% | +0.13 |
| PFE Pfizer Inc. | Add +31.3% | 0.58% | +0.09 |
| BCE Bce Inc. | Add +41.1% | 0.72% | +0.09 |
| PYPL PayPal Holdings Inc. | Add +3.8% | 1.30% | +0.08 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 4.08% | +0.08 |
| EME Emcor Group Inc. | New | 0.04% | +0.04 |
| WAB Wabtec Corp. | New | 0.04% | +0.04 |
| MU Micron Technology Inc. | New | 0.04% | +0.04 |
| DECK Deckers Outdoor Corp. | New | 0.04% | +0.04 |
| DASH DoorDash Inc. Class A | New | 0.04% | +0.04 |
| MEDP Medpace Holdings Inc. | New | 0.04% | +0.04 |
| AWI Armstrong World Industries | New | 0.04% | +0.04 |
| DKS Dick's Sporting Goods Inc. | New | 0.04% | +0.04 |
| SAIA Saia Inc. | New | 0.04% | +0.04 |
| AZEK The Azek Co. Inc. | New | 0.04% | +0.04 |
| CELH Celsius Holdings Inc. | New | 0.04% | +0.04 |
| AYI Acuity Inc. | New | 0.04% | +0.04 |
| TOL Toll Brothers Inc. | New | 0.04% | +0.04 |
| URI United Rentals Inc. | New | 0.04% | +0.04 |
| CL Colgate-Palmolive Co. | New | 0.04% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +8.9% | 0.17% | +0.04 |
| TT Trane Technologies PLC | New | 0.04% | +0.04 |
| PHM Pultegroup Inc. | New | 0.04% | +0.04 |
| BLDR Builders Firstsource Inc. | New | 0.04% | +0.04 |
| CSL Carlisle Cos Inc. | New | 0.04% | +0.04 |
| HII Huntington Ingalls Industrie | New | 0.04% | +0.04 |
| TREX Trex Company Inc. | New | 0.04% | +0.04 |
| DPZ Domino's Pizza Inc. | New | 0.04% | +0.04 |
| RL Ralph Lauren Corp. | New | 0.04% | +0.04 |
| LRCX Lam Research Corp. | New | 0.04% | +0.04 |
| OKTA Okta Inc. | New | 0.03% | +0.03 |
| WMS Advanced Drainage Systems Inc. | New | 0.03% | +0.03 |
| LDOS Leidos Holdings Inc. | New | 0.03% | +0.03 |
| CPRT Copart Inc. | New | 0.03% | +0.03 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.03% | +0.03 |
| CIEN Ciena Corp. | New | 0.03% | +0.03 |
| ITT Itt Inc. | New | 0.03% | +0.03 |
| IR Ingersoll-Rand Inc. | New | 0.03% | +0.03 |
| OSK Oshkosh Corp. | New | 0.03% | +0.03 |
| EXP Eagle Materials Inc. | New | 0.03% | +0.03 |
| CM Can Imperial BK of Commerce | Add +3.0% | 1.38% | +0.03 |
| MFC Manulife Financial Corp. | Add +0.2% | 0.38% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +0.0% | 3.30% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +8.0% | 0.09% | +0.02 |
| MA Mastercard Inc. Class A | Add +1.7% | 0.10% | +0.01 |
| CRM Salesforce Inc. | Add +8.2% | 0.05% | +0.01 |
| SU Suncor Energy Inc. | Add +0.5% | 0.08% | +0.01 |
| ENB Enbridge Inc. | Add +10.9% | 0.13% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) | NOTE 9.000% 8/0 · principal | New | 1,500,000 | $1.5M |
| DISH NETWORK CORP (DISH 2.375 03/15/24) | NOTE 2.375% 3/1 · principal | Sold out | 150,000 | $148Kbefore 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 | 492 | $919.2M | GOOGL, BRK.B, GIB, AAPL, CVS |
| Q1 2026 | 349 | $831.0M | BRK.B, GOOGL, GIB, AAPL, META |
| Q4 2025 | 378 | $855.5M | BRK.B, GOOGL, GIB, META, MSFT |
| Q3 2025 | 402 | $833.3M | BRK.B, GIB, META, GOOGL, MSFT |
| Q2 2025 | 431 | $768.0M | BRK.B, GIB, META, MSFT, NOA |
| Q1 2025 | 210 | $503.7M | BRK.B, NOA, OLLI, AAPL, ABBV |
| Q4 2024 | 303 | $631.3M | NOA, GIB, META, GOOGL, MSFT |
| Q3 2024 | 333 | $609.7M | GIB, NOA, META, MSFT, ABBV |
| Q2 2024 | 248 | $559.6M | GIB, NOA, MSFT, GOOGL, META |
| Q1 2024 | 210 | $593.6M | NOA, GIB, MSFT, META, ABBV |