Ewing Morris & Co. Investment Partners Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Ewing Morris & Co. Investment Partners Ltd. reported 98 stock positions worth $316.8 million. Its top holding was Bandwidth Inc. (band 0.5 04/01/28) at 6.0% of the portfolio, followed by Unity Software Inc. (u 0 11/15/26) (5.8%) and RAPID7 Inc. (rpd 0.25 03/15/27) (5.1%). Compared with Q4 2024, it opened 26 new positions, sold out of 17, added to 25 and reduced 23. The biggest buy was RAPID7 Inc. (rpd 0.25 03/15/27) (shares +184%) and the biggest sale Amazon.com (AMZN, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001846838
- Portfolio Value
- $316.8M (Q1 2025)
- SEC Filing
- 0001405086-25-000143 ↗ filed May 15, 2025
Holdings Value
Holdings 98 stocks · $316.8M
| BANDWIDTH INC (BAND 0.5 04/01/28) | 6.02% | 16,350,000 | $19.1M | Reduce -4.9% |
| UNITY SOFTWARE INC (U 0 11/15/26) | 5.76% | 13,700,000 | $18.3M | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | 5.14% | 12,302,000 | $16.3M | Add +184.4% |
| BLACKLINE INC (BL 0 03/15/26) | 5.07% | 11,612,000 | $16.1M | No change |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | 4.05% | 9,650,000 | $12.8M | Reduce -3.5% |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | 3.73% | 8,543,000 | $11.8M | No change |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | 3.24% | 7,520,000 | $10.3M | No change |
| SWIM Latham Group Inc. | 3.11% | 1,065,408 | $9.9M | Reduce -8.2% |
| GOGO Gogo Inc. | 2.99% | 764,199 | $9.5M | Reduce -11.6% |
| GSHD Goosehead Insurance Inc. Class A | 2.92% | 54,396 | $9.2M | Reduce -9.9% |
| UPWORK INC (UPWK 0.25 08/15/26) | 2.77% | 6,500,000 | $8.8M | No change |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) filed as Q2 HLDGS INC | 2.39% | 5,375,000 | $7.6M | No change |
| SNAP INC (SNAP 0.125 03/01/28) | 2.31% | 6,000,000 | $7.3M | No change |
| QQQ Invesco QQQ Trust Series 1 | 2.21% | 10,375 | $7.0M | Add +49.6% |
| CABLE ONE INC (CABO 1.125 03/15/28) | 2.17% | 6,000,000 | $6.9M | No change |
| SRI Stoneridge Inc. | 2.04% | 1,224,273 | $6.5M | No change |
| RAPID7 INC (RPD 1.25 03/15/29) | 1.82% | 4,600,000 | $5.8M | Add +76.9% |
| XOMETRY INC (XMTR 1 02/01/27) | 1.81% | 4,100,000 | $5.7M | No change |
| CMP Compass Minerals Internation | 1.79% | 424,499 | $5.7M | New |
| IVV iShares Core S&P 500 ETF | 1.72% | 6,737 | $5.4M | Add +30.4% |
| DRVN Driven Brands Holdings Inc. | 1.70% | 218,867 | $5.4M | Add +22.0% |
| WMS Advanced Drainage Systems Inc. | 1.69% | 34,204 | $5.3M | Add +11.4% |
| IQLT iShares MSCI International Q | 1.63% | 92,665 | $5.2M | Add +25.5% |
| TD Toronto-Dominion Bank | 1.51% | 55,602 | $4.8M | Add +0.7% |
| RY Royal Bank of Canada | 1.51% | 29,538 | $4.8M | Reduce -7.4% |
| FTS Fortis Inc. | 1.32% | 63,843 | $4.2M | Add +3.4% |
| FIVE9 INC (FIVN 1 03/15/29) | 1.16% | 3,000,000 | $3.7M | New |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.16% | 26,647 | $3.7M | Add +3.5% |
| STIP iShares 0-5 Year Tips Bond E | 1.10% | 23,347 | $3.5M | Add +124.8% |
| JBTM JBT Marel Corp. | 1.05% | 19,000 | $3.3M | Add +35.7% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.97% | 7,441 | $3.1M | Reduce -7.9% |
| IBIT iShares Bitcoin Trust ETF | 0.96% | 46,694 | $3.0M | Add +1.8% |
| SANG Sangoma Technologies Corp. | 0.95% | 458,157 | $3.0M | Reduce -4.3% |
| TRP TC Energy Corp. | 0.82% | 37,728 | $2.6M | Add +7.9% |
| GLD SPDR Gold Shares | 0.78% | 6,545 | $2.5M | No change |
| MTCH Match Group Inc. | 0.77% | 54,186 | $2.4M | New |
| SPGI S&P Global Inc. | 0.72% | 3,125 | $2.3M | Reduce -6.0% |
| FSV Firstservice Corp. | 0.72% | 9,486 | $2.3M | No change |
| AEM Agnico Eagle Mines Ltd. | 0.68% | 13,755 | $2.1M | New |
| ZD Ziff Davis Inc. | 0.67% | 39,136 | $2.1M | No change |
| GT Goodyear Tire & Rubber Co. | 0.66% | 157,282 | $2.1M | Add +4.9% |
| MSFT Microsoft Corp. | 0.65% | 3,831 | $2.1M | Add +5.1% |
| ENB Enbridge Inc. | 0.64% | 31,840 | $2.0M | Add +20.3% |
| EFXT Enerflex Ltd. | 0.63% | 180,000 | $2.0M | New |
| SPXC SPX Technologies Inc. | 0.60% | 10,312 | $1.9M | New |
| CNQ Canadian Natural Resources | 0.54% | 38,128 | $1.7M | Add +46.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.54% | 24,995 | $1.7M | Add +13.3% |
| NFG National Fuel Gas Co. | 0.53% | 14,509 | $1.7M | New |
| ASTL Algoma Steel Group Inc. | 0.52% | 210,000 | $1.7M | Add +31.3% |
| ZTS Zoetis Inc. | 0.52% | 6,950 | $1.6M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 26,879 | $1.6M | Reduce -4.6% |
| BRO Brown & Brown Inc. | 0.50% | 8,932 | $1.6M | New |
| OKTA INC (OKTA 0.125 09/01/25) | 0.45% | 1,000,000 | $1.4M | No change |
| OKTA INC (OKTA 0.375 06/15/26) | 0.44% | 1,000,000 | $1.4M | No change |
| ACWI iShares MSCI Acwi ETF | 0.42% | 8,000 | $1.3M | Reduce -5.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 1,714 | $1.2M | No change |
| HD Home Depot Inc. | 0.36% | 2,155 | $1.1M | Reduce -21.8% |
| ATS Ats Corp. | 0.32% | 28,280 | $1.0M | No change |
| PFO Flaherty & Crumrine P&I Opp | 0.32% | 75,690 | $1.0M | No change |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 0.31% | 73,000 | $981K | No change |
| IEF iShares 7-10 Year Treasury B | 0.29% | 6,615 | $908K | New |
| WPM Wheaton Precious Metals Corp. | 0.27% | 7,600 | $843K | Add +24.4% |
| GOOG Alphabet Inc. Class C | 0.26% | 3,672 | $826K | No change |
| GS Goldman Sachs Group Inc. | 0.25% | 1,007 | $792K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 950 | $728K | New |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 5,000 | $674K | No change |
| CNI Canadian Natl Railway Co. | 0.19% | 4,381 | $614K | Add +89.1% |
| JPM JPMorgan Chase & Co. | 0.18% | 1,607 | $567K | Reduce -11.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.17% | 6,586 | $540K | Add +46.6% |
| AMZN Amazon.com Inc. | 0.17% | 1,956 | $536K | Reduce -87.0% |
| CP Canadian Pacific Kansas City | 0.17% | 5,266 | $533K | New |
| PAR Par Technology Corp. | 0.17% | 6,000 | $530K | Reduce -55.6% |
| IBN Icici Bank Ltd.-Spon ADR | 0.16% | 15,000 | $504K | New |
| NFLX Netflix Inc. | 0.16% | 408 | $501K | New |
| V Visa Inc. Class A | 0.15% | 967 | $488K | Reduce -78.3% |
| AAPL Apple Inc. | 0.15% | 1,480 | $473K | Reduce -88.2% |
| MFC Manulife Financial Corp. | 0.15% | 10,476 | $470K | New |
| LIN Linde PLC | 0.15% | 1,022 | $468K | Reduce -74.2% |
| CLS Celestica Inc. | 0.14% | 4,045 | $459K | No change |
| BIP Brookfield Infrastructure Pa | 0.14% | 11,676 | $433K | Reduce -80.0% |
| SLSR Solaris Resources Inc. | 0.13% | 87,100 | $422K | Add +35.9% |
| SU Suncor Energy Inc. | 0.13% | 7,133 | $397K | New |
| SLF Sun Life Financial Inc. | 0.11% | 4,061 | $334K | New |
| SOBO South Bow Corp. | 0.10% | 8,297 | $311K | Add +20.6% |
| EWG iShares MSCI Germany ETF | 0.10% | 5,670 | $303K | New |
| BCE Bce Inc. | 0.09% | 8,226 | $280K | Reduce -27.5% |
| TSLA Tesla Inc. | 0.09% | 727 | $271K | Reduce -62.7% |
| SHY iShares 1-3 Year Treasury Bo | 0.09% | 2,274 | $271K | Reduce -11.7% |
| CYBR Cyberark Software Ltd./Israel | 0.08% | 500 | $243K | Reduce -44.4% |
| PBA Pembina Pipeline Corp. | 0.07% | 4,000 | $230K | New |
| GE General Electric filed as GE AEROSPACE | 0.07% | 1,050 | $230K | New |
| LRN Stride Inc. | 0.07% | 1,520 | $227K | New |
| AXS Axis Capital Holdings Ltd. | 0.07% | 2,200 | $221K | New |
| TBIL F/M US Treasury 3 Month Bill | 0.07% | 3,000 | $216K | New |
| GFL GFL Environmental Inc.-Sub VT | 0.07% | 4,420 | $215K | New |
| NTR Nutrien Ltd. | 0.07% | 2,850 | $206K | New |
| SA Seabridge Gold Inc. | 0.06% | 12,100 | $203K | No change |
| FLORA GROWTH CORP | 0.01% | 18,665 | $16K | New |
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Reduce -87.0% | 0.17% | −0.97 |
| AAPL Apple Inc. | Reduce -88.2% | 0.15% | −0.93 |
| SWIM Latham Group Inc. | Reduce -8.2% | 3.11% | −0.89 |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | Sold out | 0.00% | −0.86 |
| BANDWIDTH INC (BAND 0.5 04/01/28) | Reduce -4.9% | 6.02% | −0.83 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.78 |
| CTAS Cintas Corp. | Sold out | 0.00% | −0.71 |
| SANG Sangoma Technologies Corp. | Reduce -4.3% | 0.95% | −0.71 |
| BIP Brookfield Infrastructure Pa | Reduce -80.0% | 0.14% | −0.53 |
| GIB Cgi Inc. | Sold out | 0.00% | −0.49 |
| GOGO Gogo Inc. | Reduce -11.6% | 2.99% | −0.47 |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | Reduce -3.5% | 4.05% | −0.44 |
| LIN Linde PLC | Reduce -74.2% | 0.15% | −0.42 |
| FNGS Microsectors Fang+ Etns | Sold out | 0.00% | −0.42 |
| RY Royal Bank of Canada | Reduce -7.4% | 1.51% | −0.40 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.37 |
| V Visa Inc. Class A | Reduce -78.3% | 0.15% | −0.33 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.33 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.33 |
| GSHD Goosehead Insurance Inc. Class A | Reduce -9.9% | 2.92% | −0.29 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.26 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.23 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.21 |
| TSLA Tesla Inc. | Reduce -62.7% | 0.09% | −0.19 |
| PAR Par Technology Corp. | Reduce -55.6% | 0.17% | −0.17 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.17 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.16 |
| RAND Rand Capital Corp. | Sold out | 0.00% | −0.16 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.16 |
| CCSI Consensus Cloud Solution | Sold out | 0.00% | −0.07 |
| BCE Bce Inc. | Reduce -27.5% | 0.09% | −0.04 |
| ETF OPPORTUNITIES TRUST | Sold out | 0.00% | −0.04 |
| CYBR Cyberark Software Ltd./Israel | Reduce -44.4% | 0.08% | −0.03 |
| HD Home Depot Inc. | Reduce -21.8% | 0.36% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -11.7% | 0.09% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -11.1% | 0.18% | +0.03 |
| ACWI iShares MSCI Acwi ETF | Reduce -5.9% | 0.42% | +0.08 |
| BAC Bank of America Corp. | Reduce -4.6% | 0.51% | +0.08 |
| SPGI S&P Global Inc. | Reduce -6.0% | 0.72% | +0.15 |
| MSTR Strategy Inc. | Reduce -7.9% | 0.97% | +0.16 |
Portfolio Buys Q4 2024 → Q1 2025
| RAPID7 INC (RPD 0.25 03/15/27) | Add +184.4% | 5.14% | +3.15 |
| CMP Compass Minerals Internation | New | 1.79% | +1.79 |
| FIVE9 INC (FIVN 1 03/15/29) | New | 1.16% | +1.16 |
| QQQ Invesco QQQ Trust Series 1 | Add +49.6% | 2.21% | +0.99 |
| MTCH Match Group Inc. | New | 0.77% | +0.77 |
| STIP iShares 0-5 Year Tips Bond E | Add +124.8% | 1.10% | +0.74 |
| IQLT iShares MSCI International Q | Add +25.5% | 1.63% | +0.69 |
| AEM Agnico Eagle Mines Ltd. | New | 0.68% | +0.68 |
| IVV iShares Core S&P 500 ETF | Add +30.4% | 1.72% | +0.67 |
| EFXT Enerflex Ltd. | New | 0.63% | +0.63 |
| SPXC SPX Technologies Inc. | New | 0.60% | +0.60 |
| RAPID7 INC (RPD 1.25 03/15/29) | Add +76.9% | 1.82% | +0.58 |
| NFG National Fuel Gas Co. | New | 0.53% | +0.53 |
| BRO Brown & Brown Inc. | New | 0.50% | +0.50 |
| IEF iShares 7-10 Year Treasury B | New | 0.29% | +0.29 |
| DRVN Driven Brands Holdings Inc. | Add +22.0% | 1.70% | +0.27 |
| GS Goldman Sachs Group Inc. | New | 0.25% | +0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.23% | +0.23 |
| JBTM JBT Marel Corp. | Add +35.7% | 1.05% | +0.17 |
| CP Canadian Pacific Kansas City | New | 0.17% | +0.17 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.16% | +0.16 |
| NFLX Netflix Inc. | New | 0.16% | +0.16 |
| MFC Manulife Financial Corp. | New | 0.15% | +0.15 |
| CNQ Canadian Natural Resources | Add +46.1% | 0.54% | +0.14 |
| SU Suncor Energy Inc. | New | 0.13% | +0.13 |
| MSFT Microsoft Corp. | Add +5.1% | 0.65% | +0.12 |
| IBIT iShares Bitcoin Trust ETF | Add +1.8% | 0.96% | +0.12 |
| SLF Sun Life Financial Inc. | New | 0.11% | +0.11 |
| WPM Wheaton Precious Metals Corp. | Add +24.4% | 0.27% | +0.10 |
| EWG iShares MSCI Germany ETF | New | 0.10% | +0.10 |
| ENB Enbridge Inc. | Add +20.3% | 0.64% | +0.08 |
| CNI Canadian Natl Railway Co. | Add +89.1% | 0.19% | +0.08 |
| PBA Pembina Pipeline Corp. | New | 0.07% | +0.07 |
| GE General Electric | New | 0.07% | +0.07 |
| LRN Stride Inc. | New | 0.07% | +0.07 |
| AXS Axis Capital Holdings Ltd. | New | 0.07% | +0.07 |
| TBIL F/M US Treasury 3 Month Bill | New | 0.07% | +0.07 |
| GFL GFL Environmental Inc.-Sub VT | New | 0.07% | +0.07 |
| NTR Nutrien Ltd. | New | 0.07% | +0.07 |
| TD Toronto-Dominion Bank | Add +0.7% | 1.51% | +0.06 |
| FTS Fortis Inc. | Add +3.4% | 1.32% | +0.05 |
| SLSR Solaris Resources Inc. | Add +35.9% | 0.13% | +0.03 |
| CM Can Imperial BK of Commerce | Add +46.6% | 0.17% | +0.03 |
| SOBO South Bow Corp. | Add +20.6% | 0.10% | +0.02 |
| TRP TC Energy Corp. | Add +7.9% | 0.82% | +0.01 |
| FLORA GROWTH CORP | New | 0.01% | +0.01 |
| GT Goodyear Tire & Rubber Co. | Add +4.9% | 0.66% | −0.01 |
| BNS Bank of Nova Scotia | Add +13.3% | 0.54% | −0.05 |
| WMS Advanced Drainage Systems Inc. | Add +11.4% | 1.69% | −0.07 |
| BMO Bank of Montreal | Add +3.5% | 1.16% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 88 | $191.0M | CMP, IVV, IQLT, SRI, EVOLENT HEALTH INC (EVH 3.5 12/01/29) |
| Q1 2026 | 85 | $221.3M | CMP, IVV, BANDWIDTH INC (BAND 0.5 04/01/28), IQLT, GLD |
| Q4 2025 | 90 | $228.5M | CMP, BANDWIDTH INC (BAND 0.5 04/01/28), IVV, RAPID7 INC (RPD 1.25 03/15/29), IQLT |
| Q3 2025 | 93 | $233.2M | CMP, BANDWIDTH INC (BAND 0.5 04/01/28), SRI, EVOLENT HEALTH INC (EVH 3.5 12/01/29), IVV |
| Q2 2025 | 93 | $221.8M | CMP, BANDWIDTH INC (BAND 0.5 04/01/28), RAPID7 INC (RPD 0.25 03/15/27), EVOLENT HEALTH INC (EVH 3.5 12/01/29), SRI |
| Q1 2025 | 98 | $316.8M | BANDWIDTH INC (BAND 0.5 04/01/28), UNITY SOFTWARE INC (U 0 11/15/26), RAPID7 INC (RPD 0.25 03/15/27), BLACKLINE INC (BL 0 03/15/26), AFFIRM HOLDINGS INC (AFRM 0 11/15/26) |
| Q4 2024 | 89 | $289.9M | BANDWIDTH INC (BAND 0.5 04/01/28), UNITY SOFTWARE INC (U 0 11/15/26), BLACKLINE INC (BL 0 03/15/26), AFFIRM HOLDINGS INC (AFRM 0 11/15/26), SWIM |
| Q3 2024 | 31 | $206.8M | BANDWIDTH INC (BAND 0.5 04/01/28), UNITY SOFTWARE INC (U 0 11/15/26), SRI, SWIM, BLACKLINE INC (BL 0 03/15/26) |
| Q2 2024 | 33 | $157.3M | SRI, BANDWIDTH INC (BAND 0.5 04/01/28), UNITY SOFTWARE INC (U 0 11/15/26), BLACKLINE INC (BL 0 03/15/26), GOGO |
| Q1 2024 | 33 | $220.1M | SRI, BANDWIDTH INC (BAND 0.5 04/01/28), UNITY SOFTWARE INC (U 0 11/15/26), PELOTON INTERACTIVE INC (PTON 0 02/15/26), BLACKLINE INC (BL 0 03/15/26) |