Ninepoint Partners LP

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Ninepoint Partners LP reported 94 stock positions worth $789.3 million. Its top holding was Crescent PT Energy at 19.7% of the portfolio, followed by Baytex Energy (BTE, 18.4%) and Cenovus Energy (CVE, 16.0%). Compared with Q4 2023, it opened 17 new positions, sold out of 9, added to 11 and reduced 24. The biggest buy was a new position in Devon Energy (DVN) and the biggest sale Cenovus Energy (CVE, shares −32%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001715635
Portfolio Value
$789.3M (Q1 2024)
SEC Filing
0001715635-24-000002 ↗ filed May 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $789.3M $789.3M Q1 2024 Q2 2024: $930.4M Q2 2024 Q3 2024: $761.8M Q3 2024 Q4 2024: $629.4M Q4 2024 Q1 2025: $569.5M Q1 2025 Q2 2025: $516.7M Q2 2025 Q3 2025: $724.5M Q3 2025 Q4 2025: $842.5M Q4 2025 Q1 2026: $845.8M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 94 stocks · $789.3M
CRESCENT PT ENERGY CORP 19.72% 19,000,000 $155.6M No change
BTE Baytex Energy Corp. 18.40% 40,000,000 $145.2M No change
CVE Cenovus Energy Inc. 15.96% 6,300,000 $125.9M Reduce -31.5%
PDS Precision Drilling Corp. 11.51% 1,350,000 $90.8M Reduce -1.8%
SU Suncor Energy Inc. 5.12% 1,095,866 $40.4M Add +9.6%
SPY SS SPDR S&P 500 ETF Trust-US 4.71% 71,000 $37.1M Reduce -8.4%
DVN Devon Energy Corp. 2.54% 400,000 $20.1M New
VNOM Viper Energy Inc. 2.44% 500,000 $19.2M Reduce -23.1%
NOG Northern Oil and Gas Inc. 2.26% 450,000 $17.9M No change
CHRD Chord Energy Corp. 1.70% 75,300 $13.4M Reduce -24.7%
CIVI Civitas Resources Inc. 1.64% 170,000 $12.9M New
PR Permian Resources Corp. Class A 1.23% 550,000 $9.7M Reduce -54.2%
OVV Ovintiv Inc. 0.99% 150,000 $7.8M New
CNQ Canadian Natural Resources 0.57% 59,460 $4.5M Add +442.9%
COIN Coinbase Global Inc. Class A 0.54% 16,110 $4.3M No change
TD Toronto-Dominion Bank 0.49% 64,123 $3.9M Add +507.4%
MSFT Microsoft Corp. 0.45% 8,460 $3.6M Add +4.5%
ENB Enbridge Inc. 0.42% 92,098 $3.3M Reduce -65.9%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.42% 33,921 $3.3M New
MFC Manulife Financial Corp. 0.42% 132,490 $3.3M New
RY Royal Bank of Canada 0.42% 32,767 $3.3M New
SLF Sun Life Financial Inc. 0.41% 58,717 $3.2M New
FTS Fortis Inc. 0.40% 80,562 $3.2M New
TU Telus Corp. 0.36% 178,031 $2.9M New
NVDA Nvidia Corp. 0.25% 2,175 $2.0M Reduce -1.6%
CP Canadian Pacific Kansas City 0.24% 21,809 $1.9M No change
WCN Waste Connections Inc. 0.23% 10,553 $1.8M Reduce -16.6%
AMT American Tower Corp. 0.23% 9,112 $1.8M Reduce -6.4%
MA Mastercard Inc. Class A 0.19% 3,066 $1.5M No change
UNP Union Pacific Corp. 0.18% 5,820 $1.4M Reduce -9.1%
PWR Quanta Services Inc. 0.18% 5,374 $1.4M Reduce -46.4%
TRGP Targa Resources Corp. 0.17% 11,998 $1.3M No change
CEG Constellation Energy 0.16% 6,906 $1.3M Reduce -38.3%
VST Vistra Corp. 0.16% 18,202 $1.3M New
EQIX Equinix Inc. 0.15% 1,463 $1.2M Reduce -27.5%
ET Energy Transfer LP 0.15% 76,215 $1.2M No change
AMZN Amazon.com Inc. 0.15% 6,634 $1.2M Reduce -8.9%
XYZ Block Inc. 0.15% 13,695 $1.2M No change
DLR Digital Realty Trust Inc. 0.15% 7,956 $1.1M Add +597.9%
SBAC SBA Communications Corp. 0.14% 5,230 $1.1M Reduce -5.6%
PYPL PayPal Holdings Inc. 0.14% 16,736 $1.1M No change
PPL PPL Corp. 0.14% 40,390 $1.1M No change
SHOP Shopify Inc. Class A 0.14% 14,138 $1.1M Add +36.8%
PBA Pembina Pipeline Corp. 0.14% 30,802 $1.1M No change
NI Nisource Inc. 0.14% 38,901 $1.1M No change
NEE Nextera Energy Inc. 0.14% 16,768 $1.1M Reduce -17.6%
CMS CMS Energy Corp. 0.13% 17,505 $1.1M New
GOOG Alphabet Inc. Class C 0.13% 6,909 $1.1M Add +11.3%
RSG Republic Services Inc. 0.13% 5,255 $1.0M New
SRE Sempra 0.13% 13,829 $993K Reduce -5.7%
LNG Cheniere Energy Inc. 0.13% 6,142 $991K Reduce -11.5%
CSX CSX Corp. 0.12% 25,768 $955K Reduce -19.0%
AAPL Apple Inc. 0.12% 5,529 $948K Reduce -0.4%
TDG Transdigm Group Inc. 0.12% 764 $941K No change
COST Costco Wholesale Corp. 0.11% 1,224 $897K No change
AVGO Broadcom Inc. 0.11% 632 $838K Reduce -15.5%
V Visa Inc. Class A 0.10% 2,899 $809K No change
HWM Howmet Aerospace Inc. 0.10% 11,819 $809K New
TMO Thermo Fisher Scientific Inc. 0.10% 1,327 $771K No change
WMT Walmart Inc. 0.10% 12,660 $762K No change
SPGI S&P Global Inc. 0.10% 1,777 $756K No change
MRK Merck & Co. Inc. 0.10% 5,726 $756K New
XOM Exxon Mobil Corp. 0.09% 6,434 $748K No change
CB Chubb Ltd. 0.09% 2,852 $739K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.09% 7,278 $738K No change
HAL Halliburton Co. 0.09% 18,478 $728K New
ICE Intercontinental Exchange Inc. 0.09% 5,279 $725K No change
AMD Advanced Micro Devices 0.09% 3,783 $683K No change
TMUS T-Mobile US Inc. 0.09% 4,177 $682K No change
MCD McDonald's Corp. 0.08% 2,376 $670K No change
UNH Unitedhealth Group Inc. 0.08% 1,271 $629K No change
ADBE Adobe Inc. 0.08% 1,214 $613K Add +12.1%
NKE Nike Inc. Class B 0.06% 5,046 $474K No change
CME Cme Group Inc. 0.06% 2,120 $456K No change
RBLX Roblox Corp. Class A 0.05% 9,356 $357K No change
PLD Prologis Inc. 0.04% 2,156 $281K Add +13.2%
WELL Welltower Inc. 0.02% 1,816 $170K No change
ARE Alexandria Real Estate Equit 0.02% 1,088 $140K No change
SPG Simon Property Group Inc. 0.02% 873 $137K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.02% 1,674 $134K No change
GRP.U Granite Real Estate Investme 0.02% 2,227 $127K No change
CTRE Caretrust REIT Inc. 0.02% 5,192 $127K No change
HST Host Hotels & Resorts Inc. 0.02% 6,019 $124K No change
TRNO Terreno Realty Corp. 0.02% 1,814 $120K No change
WY Weyerhaeuser Co. 0.02% 3,316 $119K No change
INVH Invitation Homes Inc. 0.01% 3,184 $113K No change
O Realty Income Corp. 0.01% 2,090 $113K No change
PSA Public Storage 0.01% 389 $113K New
STAG Stag Industrial Inc. 0.01% 2,929 $113K No change
GLPI Gaming and Leisure Propertie 0.01% 2,443 $113K Reduce -4.6%
AMH American Homes 4 Rent- A 0.01% 3,025 $111K No change
ADC Agree Realty Corp. 0.01% 1,947 $111K Add +1.1%
REXR Rexford Industrial Realty Inc. 0.01% 2,126 $107K Add +4.3%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.01% 3,563 $106K Reduce -13.3%

Options reported separately and not counted above: ISHARES TR puts ($81.1M), STATE STR SPDR S&P 500 ETF T puts ($36.3M), ISHARES TR calls ($30.8M), SPDR SERIES TRUST puts ($6.6M).

Portfolio Sells Q4 2023 → Q1 2024
CVE Cenovus Energy Inc. Reduce -31.5% 15.96% −5.51
FANG Diamondback Energy Inc. Sold out 0.00% −1.85
PR Permian Resources Corp. Class A Reduce -54.2% 1.23% −1.06
ENB Enbridge Inc. Reduce -65.9% 0.42% −0.94
CHRD Chord Energy Corp. Reduce -24.7% 1.70% −0.63
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.4% 4.71% −0.46
VNOM Viper Energy Inc. Reduce -23.1% 2.44% −0.42
MLM Martin Marietta Materials Sold out 0.00% −0.16
FSLR First Solar Inc. Sold out 0.00% −0.15
WMB Williams Cos Inc. Sold out 0.00% −0.14
PWR Quanta Services Inc. Reduce -46.4% 0.18% −0.13
MARA Mara Holdings Inc. Sold out 0.00% −0.11
ZTS Zoetis Inc. Sold out 0.00% −0.10
ORCL Oracle Corp. Sold out 0.00% −0.09
EQIX Equinix Inc. Reduce -27.5% 0.15% −0.07
AMT American Tower Corp. Reduce -6.4% 0.23% −0.07
SBAC SBA Communications Corp. Reduce -5.6% 0.14% −0.05
LNG Cheniere Energy Inc. Reduce -11.5% 0.13% −0.04
UNP Union Pacific Corp. Reduce -9.1% 0.18% −0.04
NEE Nextera Energy Inc. Reduce -17.6% 0.14% −0.04
WCN Waste Connections Inc. Reduce -16.6% 0.23% −0.03
CSX CSX Corp. Reduce -19.0% 0.12% −0.03
AAPL Apple Inc. Reduce -0.4% 0.12% −0.03
SRE Sempra Reduce -5.7% 0.13% −0.03
CEG Constellation Energy Reduce -38.3% 0.16% −0.02
AVB Avalonbay Communities Inc. Sold out 0.00% −0.02
TCN Tricon Residential Inc. Sold out 0.00% −0.02
AVGO Broadcom Inc. Reduce -15.5% 0.11% −0.01
VICI Vici Properties Inc. Reduce -13.3% 0.01% −0.00
AMZN Amazon.com Inc. Reduce -8.9% 0.15% −0.00
GLPI Gaming and Leisure Propertie Reduce -4.6% 0.01% −0.00
NVDA Nvidia Corp. Reduce -1.6% 0.25% +0.10
PDS Precision Drilling Corp. Reduce -1.8% 11.51% +1.05

Portfolio Buys Q4 2023 → Q1 2024
DVN Devon Energy Corp. New 2.54% +2.54
CIVI Civitas Resources Inc. New 1.64% +1.64
OVV Ovintiv Inc. New 0.99% +0.99
SU Suncor Energy Inc. Add +9.6% 5.12% +0.63
CNQ Canadian Natural Resources Add +442.9% 0.57% +0.47
BMO Bank of Montreal New 0.42% +0.42
MFC Manulife Financial Corp. New 0.42% +0.42
RY Royal Bank of Canada New 0.42% +0.42
SLF Sun Life Financial Inc. New 0.41% +0.41
FTS Fortis Inc. New 0.40% +0.40
TD Toronto-Dominion Bank Add +507.4% 0.49% +0.39
TU Telus Corp. New 0.36% +0.36
VST Vistra Corp. New 0.16% +0.16
CMS CMS Energy Corp. New 0.13% +0.13
RSG Republic Services Inc. New 0.13% +0.13
DLR Digital Realty Trust Inc. Add +597.9% 0.15% +0.12
HWM Howmet Aerospace Inc. New 0.10% +0.10
MRK Merck & Co. Inc. New 0.10% +0.10
CB Chubb Ltd. New 0.09% +0.09
HAL Halliburton Co. New 0.09% +0.09
SHOP Shopify Inc. Class A Add +36.8% 0.14% +0.03
MSFT Microsoft Corp. Add +4.5% 0.45% +0.02
PSA Public Storage New 0.01% +0.01
GOOG Alphabet Inc. Class C Add +11.3% 0.13% +0.01
PLD Prologis Inc. Add +13.2% 0.04% 0.00
REXR Rexford Industrial Realty Inc. Add +4.3% 0.01% −0.00
ADC Agree Realty Corp. Add +1.1% 0.01% −0.00
ADBE Adobe Inc. Add +12.1% 0.08% −0.01

Options Activity Q4 2023 → Q1 2024
ISHARES TR put Reduce -15.9% 857,500 $81.1M
STATE STR SPDR S&P 500 ETF T put Reduce -6.8% 69,400 $36.3M
ISHARES TR call Reduce -62.3% 325,000 $30.8M
SPDR SERIES TRUST put New 90,000 $6.6M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 162$1.1BSU, CVE, DVN, FANG, BTE
Q1 2026 147$845.8MSU, CVE, RIG, PARR, CCJ
Q4 2025 158$842.5MEXE, AR, CVE, EQT, VNOM
Q3 2025 132$724.5MEXE, AR, RRC, EQT, CVE
Q2 2025 85$516.7MEXE, EQT, RRC, AR, SPY
Q1 2025 90$569.5MCNQ, EXE, EQT, VRN, SPY
Q4 2024 87$629.4MVRN, BTE, CNQ, SU, EXE
Q3 2024 83$761.8MCVE, CNQ, BTE, VRN, PDS
Q2 2024 99$930.4MCVE, BTE, VRN, CNQ, PDS
Q1 2024 94$789.3MCRESCENT PT ENERGY CORP, BTE, CVE, PDS, SU