Claret Asset Management Corp
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Claret Asset Management Corp reported 248 stock positions worth $559.6 million. Its top holding was Cgi (GIB) at 7.3% of the portfolio, followed by North American Construction (NOA, 6.9%) and Microsoft (MSFT, 5.6%). Compared with Q1 2024, it opened 87 new positions, sold out of 49, added to 51 and reduced 94. The biggest buy was Oaktree Specialty Lending (OCSL, shares +5%) and the biggest sale an exit from Alithya Class A (ALYAF).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001735513
- Portfolio Value
- $559.6M (Q2 2024)
- SEC Filing
- 0001735513-24-000004 ↗ filed Aug 14, 2024
Holdings Value
Holdings 248 stocks · $559.6M
| GIB Cgi Inc. | 7.28% | 408,204 | $40.7M | Add +0.2% |
| NOA North American Construction | 6.92% | 2,008,276 | $38.7M | Reduce -1.7% |
| MSFT Microsoft Corp. | 5.58% | 69,845 | $31.2M | Reduce -3.0% |
| GOOGL Alphabet Inc. Class A | 5.11% | 156,847 | $28.6M | Reduce -2.3% |
| META Meta Platforms Inc. Class A | 5.06% | 56,125 | $28.3M | Reduce -4.0% |
| OLLI Ollie's Bargain Outlet Holdi | 4.42% | 252,033 | $24.7M | Reduce -18.6% |
| OCSL Oaktree Specialty Lending Co. | 4.20% | 1,249,786 | $23.5M | Add +4.9% |
| ABBV Abbvie Inc. | 4.11% | 134,234 | $23.0M | Reduce -4.2% |
| ULTA Ulta Beauty Inc. | 3.50% | 50,734 | $19.6M | Add +35.5% |
| CVS CVS Health Corp. | 2.91% | 275,829 | $16.3M | Reduce -1.2% |
| CTSH Cognizant Tech Solutions-A | 2.79% | 229,372 | $15.6M | Reduce -1.2% |
| QIPT Quipt Home Medical Corp. | 2.63% | 4,564,194 | $14.7M | Add +1.6% |
| RY Royal Bank of Canada | 2.46% | 129,143 | $13.8M | Reduce -3.6% |
| CSCO Cisco Systems Inc. | 2.23% | 263,275 | $12.5M | Reduce -0.4% |
| JNJ Johnson & Johnson | 1.65% | 62,993 | $9.2M | Reduce -0.8% |
| C Citigroup Inc. | 1.47% | 129,359 | $8.2M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 1.38% | 41,986 | $7.7M | Reduce -1.9% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 1.34% | 158,292 | $7.5M | Reduce -2.3% |
| BMY Bristol-Myers Squibb Co. | 1.28% | 173,079 | $7.2M | Add +3.5% |
| SHEL Shell PLC-ADR | 1.22% | 94,284 | $6.8M | Reduce -2.4% |
| QCOM Qualcomm Inc. | 1.21% | 34,077 | $6.8M | Reduce -2.3% |
| PYPL PayPal Holdings Inc. | 1.19% | 114,665 | $6.7M | Reduce -0.8% |
| TSCO Tractor Supply Company | 1.15% | 23,860 | $6.4M | Reduce -6.0% |
| SAIC Science Applications Inte | 1.09% | 51,690 | $6.1M | Reduce -0.6% |
| PARAA Paramount Global Class B | 0.80% | 433,137 | $4.5M | Reduce -0.4% |
| WMT Walmart Inc. | 0.79% | 65,467 | $4.4M | Reduce -4.9% |
| ESI Element Solutions Inc. | 0.79% | 163,223 | $4.4M | Reduce -1.6% |
| UI Ubiquiti Inc. | 0.79% | 30,287 | $4.4M | Reduce -4.3% |
| COST Costco Wholesale Corp. | 0.78% | 5,111 | $4.3M | Reduce -0.6% |
| BCE Bce Inc. | 0.76% | 132,011 | $4.3M | Add +4.8% |
| NVDA Nvidia Corp. | 0.76% | 34,303 | $4.2M | Reduce -4.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.75% | 24,397 | $4.2M | Reduce -1.9% |
| WRN Western Copper and Gold Corp. | 0.75% | 3,698,800 | $4.2M | No change |
| DENN Denny's Corp. | 0.72% | 569,145 | $4.0M | Reduce -20.4% |
| PFE Pfizer Inc. | 0.61% | 121,508 | $3.4M | Reduce -1.4% |
| TD Toronto-Dominion Bank | 0.59% | 59,839 | $3.3M | Reduce -1.4% |
| GWRS Global Water Resources Inc. | 0.55% | 256,135 | $3.1M | Reduce -5.8% |
| MCK McKesson Corp. | 0.51% | 4,873 | $2.8M | Reduce -3.4% |
| AGRO Adecoagro SA | 0.49% | 281,942 | $2.7M | Reduce -5.2% |
| ISRG Intuitive Surgical Inc. | 0.48% | 6,017 | $2.7M | Reduce -3.7% |
| NVT Nvent Electric PLC | 0.45% | 33,238 | $2.5M | Reduce -7.1% |
| KVUE Kenvue Inc. | 0.44% | 136,030 | $2.5M | Reduce -0.2% |
| MFC Manulife Financial Corp. | 0.42% | 87,365 | $2.3M | Reduce -3.0% |
| CAH Cardinal Health Inc. | 0.39% | 22,201 | $2.2M | Add +1.7% |
| CP Canadian Pacific Kansas City | 0.37% | 26,279 | $2.1M | Add +9.6% |
| CAE Cae Inc. | 0.37% | 110,981 | $2.1M | Reduce -5.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 3,297 | $1.8M | Reduce -4.1% |
| MDT Medtronic PLC | 0.31% | 21,881 | $1.7M | Reduce -21.3% |
| SHW The Sherwin-Williams Co. | 0.29% | 5,441 | $1.6M | Reduce -21.6% |
| CNI Canadian Natl Railway Co. | 0.27% | 12,877 | $1.5M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.27% | 23,601 | $1.5M | Reduce -1.3% |
| STN Stantec Inc. | 0.26% | 17,506 | $1.5M | Reduce -4.7% |
| NEM Newmont Corp. | 0.26% | 34,681 | $1.5M | Reduce -6.5% |
| CCJ Cameco Corp. | 0.26% | 29,081 | $1.4M | Add +0.4% |
| CLS Celestica Inc. | 0.23% | 22,529 | $1.3M | Reduce -58.9% |
| ZBH Zimmer Biomet Holdings Inc. | 0.23% | 11,764 | $1.3M | Add +6.7% |
| TSLA Tesla Inc. | 0.22% | 6,131 | $1.2M | Add +9.7% |
| TU Telus Corp. | 0.21% | 79,379 | $1.2M | Add +137.5% |
| PBA Pembina Pipeline Corp. | 0.21% | 32,244 | $1.2M | Add +34.4% |
| PHYS Sprott Physical Gold Trust | 0.21% | 63,630 | $1.1M | Reduce -6.5% |
| SHOP Shopify Inc. Class A | 0.20% | 16,569 | $1.1M | Add +0.2% |
| NGD New Gold Inc. | 0.19% | 550,000 | $1.1M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.19% | 7,291 | $1.0M | Reduce -8.5% |
| TAP Molson Coors Beverage Co. Class B | 0.18% | 19,883 | $1.0M | Add +65.3% |
| MRK Merck & Co. Inc. | 0.18% | 8,045 | $996K | Add +2.6% |
| ICLN iShares Global Clean Energy | 0.17% | 72,000 | $959K | No change |
| TFII Tfi International Inc. | 0.17% | 6,590 | $957K | Reduce -1.7% |
| BKE The Buckle Inc. | 0.17% | 25,759 | $952K | Reduce -0.6% |
| TTWO Take-Two Interactive Softwre | 0.17% | 6,009 | $934K | Add +12.8% |
| V Visa Inc. Class A | 0.17% | 3,522 | $924K | Add +4.0% |
| MBC Masterbrand Inc. | 0.16% | 61,593 | $904K | Reduce -34.5% |
| NPK National Presto Inds Inc. | 0.16% | 11,913 | $895K | Reduce -8.3% |
| WCN Waste Connections Inc. | 0.16% | 4,962 | $871K | Reduce -3.3% |
| OTEX Open Text Corp. | 0.15% | 28,335 | $851K | Add +65.1% |
| DSGX The Descartes Systems Grp | 0.15% | 8,660 | $839K | Reduce -0.1% |
| NVEI Nuvei Corp.-Subordinate VTG | 0.15% | 25,136 | $814K | Add +10.5% |
| TIXT Telus International Cda Inc. | 0.14% | 139,832 | $808K | Add +219.3% |
| SANG Sangoma Technologies Corp. | 0.14% | 158,970 | $786K | Reduce -9.6% |
| PRMW Primo Water Corp. | 0.14% | 35,593 | $778K | Reduce -31.1% |
| GOOS Canada Goose Holdings Inc. | 0.14% | 60,048 | $777K | New |
| RBA RB Global Inc. | 0.14% | 9,971 | $761K | Reduce -25.8% |
| VREX Varex Imaging Corp. | 0.13% | 48,881 | $720K | Reduce -4.9% |
| LOW Lowe's Cos Inc. | 0.12% | 3,138 | $692K | Reduce -10.8% |
| ENB Enbridge Inc. | 0.12% | 19,404 | $690K | Reduce -8.4% |
| VGT Vanguard Info Tech ETF | 0.11% | 1,088 | $627K | No change |
| EMR Emerson Electric Co. | 0.10% | 5,273 | $581K | Reduce -21.7% |
| MA Mastercard Inc. Class A | 0.10% | 1,293 | $571K | Add +6.1% |
| JPM JPMorgan Chase & Co. | 0.10% | 2,755 | $557K | Add +0.4% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.10% | 9,390 | $556K | Add +16.8% |
| ROK Rockwell Automation Inc. | 0.10% | 1,933 | $532K | Reduce -17.9% |
| HD Home Depot Inc. | 0.09% | 1,460 | $503K | Reduce -23.4% |
| VVX V2X Inc. | 0.08% | 9,512 | $456K | Reduce -8.1% |
| GIL Gildan Activewear Inc. | 0.08% | 11,244 | $426K | Reduce -2.3% |
| OEC Orion SA | 0.07% | 18,044 | $396K | Reduce -6.2% |
| SYK Stryker Corp. | 0.07% | 1,148 | $391K | Reduce -33.6% |
| LLY Eli Lilly & Co. | 0.07% | 424 | $384K | Reduce -14.2% |
| SLF Sun Life Financial Inc. | 0.07% | 7,762 | $381K | Reduce -6.9% |
| OR Osisko Gold Royalties Ltd. | 0.06% | 22,745 | $354K | No change |
| SU Suncor Energy Inc. | 0.06% | 9,283 | $354K | Reduce -27.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 3,554 | $353K | Add +16.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $2.5M (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 | No change |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 1,000,000 | $825K | New |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 300,000 | $237K | No change |
Total filed on the 13F, all lines: $562.2M.
Portfolio Sells Q1 2024 → Q2 2024
| ALYAF Alithya Group Inc. Class A | Sold out | 0.00% | −1.38 |
| CVS CVS Health Corp. | Reduce -1.2% | 2.91% | −0.84 |
| NOA North American Construction | Reduce -1.7% | 6.92% | −0.74 |
| DENN Denny's Corp. | Reduce -20.4% | 0.72% | −0.36 |
| CLS Celestica Inc. | Reduce -58.9% | 0.23% | −0.18 |
| ABBV Abbvie Inc. | Reduce -4.2% | 4.11% | −0.18 |
| CIGI Colliers Intl GR-Subord Vot | Sold out | 0.00% | −0.14 |
| MBC Masterbrand Inc. | Reduce -34.5% | 0.16% | −0.14 |
| SHW The Sherwin-Williams Co. | Reduce -21.6% | 0.29% | −0.12 |
| PYPL PayPal Holdings Inc. | Reduce -0.8% | 1.19% | −0.12 |
| MDT Medtronic PLC | Reduce -21.3% | 0.31% | −0.10 |
| VMD Viemed Healthcare Inc. | Reduce -78.3% | 0.02% | −0.09 |
| CTSH Cognizant Tech Solutions-A | Reduce -1.2% | 2.79% | −0.08 |
| AGRO Adecoagro SA | Reduce -5.2% | 0.49% | −0.06 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.06 |
| SAIC Science Applications Inte | Reduce -0.6% | 1.09% | −0.06 |
| PARAA Paramount Global Class B | Reduce -0.4% | 0.80% | −0.06 |
| DOW Dow Inc. | Sold out | 0.00% | −0.05 |
| KVUE Kenvue Inc. | Reduce -0.2% | 0.44% | −0.05 |
| XPO Xpo Inc. | Sold out | 0.00% | −0.05 |
| JNJ Johnson & Johnson | Reduce -0.8% | 1.65% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -1.9% | 0.75% | −0.05 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.05 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.04 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.04 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.04 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.04 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.04 |
| XYZ Block Inc. | Sold out | 0.00% | −0.04 |
| CI The Cigna Group | Sold out | 0.00% | −0.04 |
| WBA Walgreens Boots Alliance Inc. | Reduce -26.4% | 0.03% | −0.04 |
| WRK Westrock Co. | Sold out | 0.00% | −0.04 |
| CAE Cae Inc. | Reduce -5.3% | 0.37% | −0.04 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.04 |
| AWI Armstrong World Industries | Sold out | 0.00% | −0.04 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.04 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.04 |
| CM Can Imperial BK of Commerce | Reduce -2.3% | 1.34% | −0.04 |
| PVH PVH Corp. | Sold out | 0.00% | −0.04 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.04 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.04 |
| AYI Acuity Inc. | Sold out | 0.00% | −0.04 |
| ORCL Oracle Corp. | Reduce -47.9% | 0.06% | −0.04 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.04 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.04 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.04 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.04 |
| PII Polaris Inc. | Sold out | 0.00% | −0.04 |
| RBA RB Global Inc. | Reduce -25.8% | 0.14% | −0.04 |
| XPEL Xpel Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| OCSL Oaktree Specialty Lending Co. | Add +4.9% | 4.20% | +0.25 |
| ULTA Ulta Beauty Inc. | Add +35.5% | 3.50% | +0.20 |
| GOOS Canada Goose Holdings Inc. | New | 0.14% | +0.14 |
| TU Telus Corp. | Add +137.5% | 0.21% | +0.12 |
| TIXT Telus International Cda Inc. | Add +219.3% | 0.14% | +0.08 |
| PBA Pembina Pipeline Corp. | Add +34.4% | 0.21% | +0.07 |
| ADBE Adobe Inc. | New | 0.05% | +0.05 |
| TSLA Tesla Inc. | Add +9.7% | 0.22% | +0.05 |
| FDX FedEx Corp. | New | 0.05% | +0.05 |
| CMCSA Comcast Corp. Class A | New | 0.05% | +0.05 |
| CCJ Cameco Corp. | Add +0.4% | 0.26% | +0.04 |
| TAP Molson Coors Beverage Co. Class B | Add +65.3% | 0.18% | +0.04 |
| CSX CSX Corp. | New | 0.04% | +0.04 |
| BCE Bce Inc. | Add +4.8% | 0.76% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| CABO Cable One Inc. | New | 0.04% | +0.04 |
| GE General Electric | New | 0.04% | +0.04 |
| BKNG Booking Holdings Inc. | New | 0.04% | +0.04 |
| LMT Lockheed Martin Corp. | New | 0.04% | +0.04 |
| GEN Gen Digital Inc. | New | 0.04% | +0.04 |
| SPGI S&P Global Inc. | New | 0.04% | +0.04 |
| APTV Aptiv Irish Holdings Ltd. | New | 0.04% | +0.04 |
| MOS The Mosaic Co. | New | 0.04% | +0.04 |
| OTEX Open Text Corp. | Add +65.1% | 0.15% | +0.04 |
| AXON Axon Enterprise Inc. | New | 0.04% | +0.04 |
| UTHR United Therapeutics Corp. | New | 0.04% | +0.04 |
| ACM Aecom | New | 0.04% | +0.04 |
| MGM MGM Resorts International | New | 0.04% | +0.04 |
| CHTR Charter Communications Inc. Class A | New | 0.04% | +0.04 |
| LSXMK Liberty Media Corp.-Liber-New | New | 0.04% | +0.04 |
| NVR NVR Inc. | New | 0.04% | +0.04 |
| NXST Nexstar Media Group Inc. | New | 0.04% | +0.04 |
| CNXC Concentrix Corp. | New | 0.04% | +0.04 |
| GO Grocery Outlet Holding Corp. | New | 0.04% | +0.04 |
| MANH Manhattan Associates Inc. | New | 0.04% | +0.04 |
| WDAY Workday Inc. Class A | New | 0.04% | +0.04 |
| DBX Dropbox Inc. Class A | New | 0.04% | +0.04 |
| FISV Fiserv Inc. | New | 0.04% | +0.04 |
| IT Gartner Inc. | New | 0.04% | +0.04 |
| SNOW Snowflake Inc. | New | 0.04% | +0.04 |
| LITE Lumentum Holdings Inc. | New | 0.04% | +0.04 |
| ORLY O'reilly Automotive Inc. | New | 0.04% | +0.04 |
| DV Doubleverify Holdings Inc. | New | 0.04% | +0.04 |
| LYV Live Nation Entertainment Inc. | New | 0.04% | +0.04 |
| ZS Zscaler Inc. | New | 0.04% | +0.04 |
| EPAM Epam Systems Inc. | New | 0.04% | +0.04 |
| TYL Tyler Technologies Inc. | New | 0.04% | +0.04 |
| BFAM Bright Horizons Family Solut | New | 0.04% | +0.04 |
| COHR Coherent Corp. | New | 0.04% | +0.04 |
| CPAY Corpay Inc. | New | 0.04% | +0.04 |
Notes & Other Activity Q1 2024 → Q2 2024
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | New | 1,000,000 | $825K |
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 |