Claret Asset Management Corp
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Claret Asset Management Corp reported 378 stock positions worth $855.5 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 5.7% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Cgi (GIB, 5.0%). Compared with Q3 2025, it opened 11 new positions, sold out of 35, added to 53 and reduced 298. The biggest buy was a new position in Sunococorp (SUNC) and the biggest sale an exit from Indivior (INDV).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001735513
- Portfolio Value
- $855.5M (Q4 2025)
- SEC Filing
- 0001735513-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 378 stocks · $855.5M
| BRK.B Berkshire Hathaway Inc. Class B | 5.66% | 96,306 | $48.4M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 5.45% | 149,040 | $46.6M | Reduce -1.9% |
| GIB Cgi Inc. | 5.01% | 464,003 | $42.9M | Add +3.3% |
| META Meta Platforms Inc. Class A | 3.86% | 49,990 | $33.0M | Reduce -1.5% |
| MSFT Microsoft Corp. | 3.82% | 67,534 | $32.7M | Add +0.0% |
| ULTA Ulta Beauty Inc. | 3.78% | 53,470 | $32.4M | Reduce -1.0% |
| AAPL Apple Inc. | 3.61% | 113,642 | $30.9M | Reduce -0.7% |
| NOA North American Construction | 3.43% | 2,037,652 | $29.3M | Reduce -0.2% |
| ABBV Abbvie Inc. | 3.12% | 116,895 | $26.7M | Reduce -1.7% |
| OLLI Ollie's Bargain Outlet Holdi | 3.10% | 242,042 | $26.5M | Add +0.4% |
| CVS CVS Health Corp. | 2.67% | 287,893 | $22.8M | Reduce -1.5% |
| RY Royal Bank of Canada | 2.48% | 124,241 | $21.2M | Reduce -0.2% |
| OCSL Oaktree Specialty Lending Co. | 2.47% | 1,660,588 | $21.2M | Reduce -1.9% |
| CTSH Cognizant Tech Solutions-A | 1.71% | 176,308 | $14.6M | Reduce -0.2% |
| UI Ubiquiti Inc. | 1.63% | 25,157 | $13.9M | Reduce -1.4% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.56% | 147,521 | $13.4M | Reduce -1.3% |
| GOOG Alphabet Inc. Class C | 1.56% | 42,408 | $13.3M | Reduce -3.2% |
| CSCO Cisco Systems Inc. | 1.52% | 168,690 | $13.0M | Reduce -0.8% |
| JNJ Johnson & Johnson | 1.43% | 59,240 | $12.3M | Reduce -1.0% |
| CNI Canadian Natl Railway Co. | 1.39% | 120,355 | $11.9M | Add +54.5% |
| MRK Merck & Co. Inc. | 1.39% | 112,955 | $11.9M | Reduce -0.5% |
| TD Toronto-Dominion Bank | 1.36% | 122,998 | $11.6M | Reduce -1.0% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.35% | 89,014 | $11.6M | Add +0.5% |
| QIPT Quipt Home Medical Corp. | 1.33% | 3,225,309 | $11.4M | Reduce -18.5% |
| C Citigroup Inc. | 1.20% | 87,953 | $10.3M | Reduce -0.6% |
| BMY Bristol-Myers Squibb Co. | 1.18% | 186,516 | $10.1M | Reduce -1.4% |
| WRN Western Copper and Gold Corp. | 1.16% | 3,698,800 | $9.9M | No change |
| SUNC Sunococorp LLC | 1.15% | 200,081 | $9.9M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.91% | 152,610 | $7.8M | Add +5.3% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.89% | 103,236 | $7.6M | Reduce -1.8% |
| PFE Pfizer Inc. | 0.83% | 285,970 | $7.1M | Add +0.7% |
| NVDA Nvidia Corp. | 0.75% | 34,518 | $6.4M | Reduce -2.1% |
| WMT Walmart Inc. | 0.74% | 56,631 | $6.3M | Reduce -2.0% |
| PYPL PayPal Holdings Inc. | 0.71% | 104,441 | $6.1M | Reduce -0.8% |
| BA The Boeing Co. | 0.71% | 27,813 | $6.0M | Reduce -0.3% |
| ARIS Aris Mining Corp. filed as ARIS MNG CORP | 0.70% | 368,398 | $6.0M | Reduce -4.4% |
| SHEL Shell PLC-ADR | 0.69% | 80,609 | $5.9M | Reduce -0.4% |
| QCOM Qualcomm Inc. | 0.67% | 33,484 | $5.7M | Reduce -1.7% |
| BCE Bce Inc. | 0.64% | 229,992 | $5.5M | Reduce -6.4% |
| DLTR Dollar Tree Inc. | 0.60% | 41,988 | $5.2M | Reduce -1.3% |
| TSCO Tractor Supply Company | 0.58% | 99,937 | $5.0M | Reduce -2.2% |
| COST Costco Wholesale Corp. | 0.58% | 5,723 | $4.9M | Add +0.8% |
| NGD New Gold Inc. | 0.56% | 550,000 | $4.8M | No change |
| CAH Cardinal Health Inc. | 0.50% | 20,630 | $4.2M | Reduce -2.4% |
| SAIC Science Applications Inte | 0.48% | 40,843 | $4.1M | Reduce -0.6% |
| ISRG Intuitive Surgical Inc. | 0.44% | 6,594 | $3.7M | Reduce -0.2% |
| ESI Element Solutions Inc. | 0.42% | 143,580 | $3.6M | Reduce -4.2% |
| MCK McKesson Corp. | 0.42% | 4,339 | $3.6M | Reduce -2.1% |
| TU Telus Corp. | 0.41% | 268,560 | $3.5M | Reduce -7.5% |
| MFC Manulife Financial Corp. | 0.37% | 86,649 | $3.1M | Reduce -1.6% |
| NVT Nvent Electric PLC | 0.34% | 28,505 | $2.9M | Reduce -4.1% |
| BGSI Boyd Group Services Inc. | 0.33% | 17,936 | $2.9M | New |
| CLS Celestica Inc. | 0.33% | 9,467 | $2.8M | Reduce -0.2% |
| CCJ Cameco Corp. | 0.31% | 28,988 | $2.7M | Reduce -0.2% |
| CAE Cae Inc. | 0.29% | 81,305 | $2.5M | Reduce -0.4% |
| KVUE Kenvue Inc. | 0.26% | 130,727 | $2.3M | Reduce -2.1% |
| NEM Newmont Corp. | 0.26% | 22,394 | $2.2M | Reduce -2.6% |
| PHYS Sprott Physical Gold Trust | 0.23% | 60,280 | $2.0M | Reduce -1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 2,843 | $1.9M | Add +4.6% |
| CP Canadian Pacific Kansas City | 0.22% | 26,110 | $1.9M | Add +8.6% |
| ICLN iShares Global Clean Energy | 0.22% | 115,800 | $1.9M | No change |
| GWRS Global Water Resources Inc. | 0.22% | 221,178 | $1.9M | Reduce -3.0% |
| AEM Agnico Eagle Mines Ltd. | 0.21% | 10,739 | $1.8M | Reduce -0.2% |
| MDT Medtronic PLC | 0.19% | 17,333 | $1.7M | Reduce -1.5% |
| STN Stantec Inc. | 0.19% | 17,304 | $1.6M | Reduce -0.1% |
| AMGN Amgen Inc. | 0.19% | 4,900 | $1.6M | Reduce -2.0% |
| TTWO Take-Two Interactive Softwre | 0.18% | 6,087 | $1.6M | Reduce -0.0% |
| KO The Coca-Cola Co. | 0.17% | 20,972 | $1.5M | Add +0.0% |
| PSKY Paramount Skydance Class B | 0.16% | 105,239 | $1.4M | Reduce -22.6% |
| SHW The Sherwin-Williams Co. | 0.16% | 4,156 | $1.3M | Reduce -23.9% |
| V Visa Inc. Class A | 0.15% | 3,756 | $1.3M | Add +1.5% |
| TFII Tfi International Inc. | 0.15% | 12,329 | $1.3M | Add +0.1% |
| TAP Molson Coors Beverage Co. Class B | 0.14% | 25,751 | $1.2M | Add +0.0% |
| PBA Pembina Pipeline Corp. | 0.14% | 31,192 | $1.2M | Reduce -0.1% |
| OTEX Open Text Corp. | 0.13% | 35,369 | $1.2M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 0.13% | 4,922 | $1.1M | Add +47.2% |
| GOOS Canada Goose Holdings Inc. | 0.13% | 86,704 | $1.1M | Add +0.1% |
| DENN Denny's Corp. | 0.12% | 170,723 | $1.1M | Reduce -8.4% |
| IQV Iqvia Holdings Inc. | 0.12% | 4,524 | $1.0M | Reduce -0.1% |
| WCN Waste Connections Inc. | 0.12% | 5,686 | $997K | Add +0.4% |
| IAG Iamgold Corp. | 0.12% | 60,350 | $996K | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.11% | 10,845 | $975K | Reduce -0.9% |
| RBA RB Global Inc. | 0.11% | 9,430 | $970K | Add +0.1% |
| TSLA Tesla Inc. | 0.11% | 2,124 | $955K | Reduce -12.4% |
| NPK National Presto Inds Inc. | 0.10% | 8,230 | $879K | Reduce -19.2% |
| JPM JPMorgan Chase & Co. | 0.10% | 2,676 | $862K | Reduce -2.0% |
| DSGX The Descartes Systems Grp | 0.10% | 9,794 | $859K | Add +0.9% |
| SANG Sangoma Technologies Corp. | 0.10% | 167,150 | $839K | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.10% | 1,094 | $825K | Add +0.6% |
| OR Or Royalties Inc. | 0.09% | 22,867 | $810K | No change |
| AMD Advanced Micro Devices | 0.09% | 3,777 | $809K | Reduce -1.0% |
| LOW Lowe's Cos Inc. | 0.09% | 3,316 | $800K | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.09% | 1,368 | $781K | Add +3.2% |
| DCBO Docebo Inc. | 0.09% | 35,099 | $780K | Add +0.1% |
| ZM Zoom Communications Inc. | 0.09% | 8,885 | $767K | Reduce -0.6% |
| SHOP Shopify Inc. Class A | 0.08% | 4,508 | $726K | No change |
| ORCL Oracle Corp. | 0.08% | 3,512 | $685K | Add +1.8% |
| ENB Enbridge Inc. | 0.08% | 14,254 | $682K | Reduce -2.4% |
| WBD Warner Bros Discovery Inc. | 0.08% | 22,494 | $648K | Reduce -0.2% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.07% | 14,690 | $640K | Reduce -0.2% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $6.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 3,000,000 | $2.4M | No change |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 1,500,000 | $1.9M | No change |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 985,000 | $1.2M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 1,000,000 | $668K | New |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 102,000 | $8K | No change |
Total filed on the 13F, all lines: $861.7M.
Portfolio Sells Q3 2025 → Q4 2025
| INDV Indivior Ltd. | Sold out | 0.00% | −2.27 |
| META Meta Platforms Inc. Class A | Reduce -1.5% | 3.86% | −0.61 |
| UI Ubiquiti Inc. | Reduce -1.4% | 1.63% | −0.40 |
| ABBV Abbvie Inc. | Reduce -1.7% | 3.12% | −0.18 |
| OCSL Oaktree Specialty Lending Co. | Reduce -1.9% | 2.47% | −0.18 |
| TIXT Telus International Cda Inc. | Sold out | 0.00% | −0.15 |
| PSKY Paramount Skydance Class B | Reduce -22.6% | 0.16% | −0.14 |
| TU Telus Corp. | Reduce -7.5% | 0.41% | −0.13 |
| PYPL PayPal Holdings Inc. | Reduce -0.8% | 0.71% | −0.13 |
| TSCO Tractor Supply Company | Reduce -2.2% | 0.58% | −0.11 |
| SHW The Sherwin-Williams Co. | Reduce -23.9% | 0.16% | −0.07 |
| GWRS Global Water Resources Inc. | Reduce -3.0% | 0.22% | −0.06 |
| NOA North American Construction | Reduce -0.2% | 3.43% | −0.05 |
| BCE Bce Inc. | Reduce -6.4% | 0.64% | −0.05 |
| NVDA Nvidia Corp. | Reduce -2.1% | 0.75% | −0.04 |
| NPK National Presto Inds Inc. | Reduce -19.2% | 0.10% | −0.03 |
| STN Stantec Inc. | Reduce -0.1% | 0.19% | −0.03 |
| ESI Element Solutions Inc. | Reduce -4.2% | 0.42% | −0.03 |
| DOCS Doximity Inc. Class A | Sold out | 0.00% | −0.03 |
| CORT Corcept Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| HOG Harley-Davidson Inc. | Sold out | 0.00% | −0.03 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.03 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.03 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.03 |
| POOL Pool Corp. | Sold out | 0.00% | −0.03 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.03 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.03 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.03 |
| OC Owens Corning | Sold out | 0.00% | −0.03 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.03 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.03 |
| T AT&T Inc. | Sold out | 0.00% | −0.03 |
| KBR KBR Inc. | Sold out | 0.00% | −0.03 |
| BSY Bentley Systems Inc. Class B | Sold out | 0.00% | −0.03 |
| DLB Dolby Laboratories Inc. Class A | Sold out | 0.00% | −0.03 |
| VRSN Verisign Inc. | Sold out | 0.00% | −0.03 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.03 |
| DVA Davita Inc. | Sold out | 0.00% | −0.03 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.03 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.03 |
| PAYC Paycom Software Inc. | Sold out | 0.00% | −0.03 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.02 |
| CDW CDW Corp. | Sold out | 0.00% | −0.02 |
| CNXC Concentrix Corp. | Sold out | 0.00% | −0.02 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.02 |
| BFAM Bright Horizons Family Solut | Sold out | 0.00% | −0.02 |
| OTEX Open Text Corp. | Reduce -0.2% | 0.13% | −0.02 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.02 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.02 |
| CSL Carlisle Cos Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| SUNC Sunococorp LLC | New | 1.15% | +1.15 |
| CNI Canadian Natl Railway Co. | Add +54.5% | 1.39% | +0.51 |
| BGSI Boyd Group Services Inc. | New | 0.33% | +0.33 |
| GIB Cgi Inc. | Add +3.3% | 5.01% | +0.21 |
| AMZN Amazon.com Inc. | Add +47.2% | 0.13% | +0.04 |
| CHEGG INC (CHGG 0 09/01/26) | New | 0.03% | +0.03 |
| VDE Vanguard Energy ETF | New | 0.03% | +0.03 |
| LULU Lululemon Athletica Inc. | New | 0.03% | +0.03 |
| KEX Kirby Corp. | New | 0.03% | +0.03 |
| ODFL Old Dominion Freight Line | New | 0.03% | +0.03 |
| DAR Darling Ingredients Inc. | New | 0.03% | +0.03 |
| COF Capital One Financial Corp. | New | 0.02% | +0.02 |
| MKTX Marketaxess Holdings Inc. | New | 0.02% | +0.02 |
| EFA iShares MSCI Eafe ETF | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | Add +67.6% | 0.05% | +0.02 |
| TFII Tfi International Inc. | Add +0.1% | 0.15% | +0.02 |
| ANET Arista Networks Inc. | Add +42.3% | 0.05% | +0.01 |
| CP Canadian Pacific Kansas City | Add +8.6% | 0.22% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.6% | 0.23% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +5.0% | 0.04% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +11.6% | 0.07% | +0.01 |
| CRM Salesforce Inc. | Add +3.3% | 0.05% | +0.01 |
| AVGO Broadcom Inc. | Add +7.9% | 0.05% | +0.00 |
| KO The Coca-Cola Co. | Add +0.0% | 0.17% | +0.00 |
| SPGI S&P Global Inc. | Add +10.9% | 0.03% | +0.00 |
| KLAC KLA Corp. | Add +2.7% | 0.04% | +0.00 |
| AME Ametek Inc. | Add +4.0% | 0.04% | +0.00 |
| EW Edwards Lifesciences Corp. | Add +6.1% | 0.03% | +0.00 |
| ACN Accenture PLC Class A | Add +4.6% | 0.04% | +0.00 |
| APH Amphenol Corp. Class A | Add +3.6% | 0.04% | +0.00 |
| V Visa Inc. Class A | Add +1.5% | 0.15% | +0.00 |
| HCA HCA Healthcare Inc. | Add +0.3% | 0.03% | +0.00 |
| PEP Pepsico Inc. | Add +6.8% | 0.03% | +0.00 |
| IDXX Idexx Laboratories Inc. | Add +2.1% | 0.03% | +0.00 |
| NBIX Neurocrine Biosciences Inc. | Add +5.6% | 0.03% | +0.00 |
| MA Mastercard Inc. Class A | Add +3.2% | 0.09% | +0.00 |
| TAP Molson Coors Beverage Co. Class B | Add +0.0% | 0.14% | +0.00 |
| MCD McDonald's Corp. | Add +0.5% | 0.04% | −0.00 |
| INTU Intuit Inc. | Add +3.0% | 0.03% | −0.00 |
| SYK Stryker Corp. | Add +5.7% | 0.03% | −0.00 |
| FTNT Fortinet Inc. | Add +5.0% | 0.03% | −0.00 |
| VGT Vanguard Info Tech ETF | Add +0.6% | 0.10% | −0.00 |
| SANG Sangoma Technologies Corp. | Add +0.1% | 0.10% | −0.00 |
| CDNS Cadence Design SYS Inc. | Add +6.9% | 0.03% | −0.00 |
| ADSK Autodesk Inc. | Add +0.9% | 0.03% | −0.00 |
| NKE Nike Inc. Class B | Add +1.6% | 0.03% | −0.00 |
| FNV Franco-Nevada Corp. | Add +3.4% | 0.04% | −0.00 |
| WCN Waste Connections Inc. | Add +0.4% | 0.12% | −0.00 |
| CPRT Copart Inc. | Add +5.1% | 0.03% | −0.00 |
| ORLY O'reilly Automotive Inc. | Add +6.7% | 0.03% | −0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | New | 1,000,000 | $668K |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | Sold out | 300,000 | $234Kbefore 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 |