Ninepoint Partners LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 15, 2024), Ninepoint Partners LP reported 99 stock positions worth $930.4 million. Its top holding was Cenovus Energy (CVE) at 15.8% of the portfolio, followed by Baytex Energy (BTE, 15.1%) and Veren (VRN, 13.5%). Compared with Q1 2024, it opened 14 new positions, sold out of 9, added to 28 and reduced 27. The biggest buy was Canadian Natural Resources (CNQ, shares +2512%) and the biggest sale Veren (VRN, shares −16%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001715635
Portfolio Value
$930.4M (Q2 2024)
SEC Filing
0001715635-24-000003 ↗ filed Aug 15, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $789.3M Q1 2024 Q2 2024: $930.4M $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 99 stocks · $930.4M
CVE Cenovus Energy Inc. 15.85% 7,500,000 $147.4M Add +19.1%
BTE Baytex Energy Corp. 15.15% 40,500,000 $140.9M Add +1.3%
VRN Veren Inc. 13.53% 16,000,000 $125.9M Reduce -15.8%
CNQ Canadian Natural Resources 11.89% 3,106,292 $110.6M Add +2512.1%
PDS Precision Drilling Corp. 9.83% 1,300,000 $91.4M Reduce -3.7%
PTEN Patterson-Uti Energy Inc. 5.57% 5,000,000 $51.8M New
CHRD Chord Energy Corp. 5.23% 290,000 $48.6M Add +285.1%
SPY SS SPDR S&P 500 ETF Trust-US 3.85% 65,800 $35.8M Reduce -7.3%
DVN Devon Energy Corp. 2.04% 400,000 $19.0M No change
VNOM Viper Energy Inc. 2.02% 500,400 $18.8M Add +0.1%
GFR Greenfire Resources Ltd. 2.00% 2,750,000 $18.6M New
CIVI Civitas Resources Inc. 1.26% 170,000 $11.7M No change
PR Permian Resources Corp. Class A 1.04% 600,000 $9.7M Add +9.1%
OVV Ovintiv Inc. 1.01% 200,000 $9.4M Add +33.3%
MSFT Microsoft Corp. 0.45% 9,429 $4.2M Add +11.4%
MFC Manulife Financial Corp. 0.37% 127,928 $3.4M Reduce -3.4%
RY Royal Bank of Canada 0.37% 31,967 $3.4M Reduce -2.4%
TD Toronto-Dominion Bank 0.34% 57,055 $3.1M Reduce -11.0%
SU Suncor Energy Inc. 0.34% 82,148 $3.1M Reduce -92.5%
ENB Enbridge Inc. 0.34% 87,687 $3.1M Reduce -4.8%
FTS Fortis Inc. 0.33% 78,859 $3.1M Reduce -2.1%
TU Telus Corp. 0.32% 195,895 $3.0M Add +10.0%
SLF Sun Life Financial Inc. 0.31% 58,717 $2.9M No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.31% 33,921 $2.8M No change
NVDA Nvidia Corp. 0.28% 20,999 $2.6M Reduce -3.5%
COIN Coinbase Global Inc. Class A 0.27% 11,110 $2.5M Reduce -31.0%
WCN Waste Connections Inc. 0.21% 11,350 $2.0M Add +7.5%
AMT American Tower Corp. 0.19% 9,112 $1.8M No change
TRGP Targa Resources Corp. 0.17% 11,998 $1.5M No change
EQIX Equinix Inc. 0.16% 2,006 $1.5M Add +37.1%
AMZN Amazon.com Inc. 0.16% 7,844 $1.5M Add +18.2%
MA Mastercard Inc. Class A 0.16% 3,290 $1.5M Add +7.3%
GOOG Alphabet Inc. Class C 0.15% 7,423 $1.4M Add +7.4%
UNP Union Pacific Corp. 0.14% 5,820 $1.3M No change
PWR Quanta Services Inc. 0.14% 5,004 $1.3M Reduce -6.9%
AAPL Apple Inc. 0.14% 6,023 $1.3M Add +8.9%
NEE Nextera Energy Inc. 0.14% 17,807 $1.3M Add +6.2%
DLR Digital Realty Trust Inc. 0.13% 8,156 $1.2M Add +2.5%
ET Energy Transfer LP 0.13% 76,215 $1.2M No change
PYPL PayPal Holdings Inc. 0.13% 20,961 $1.2M Add +25.2%
PBA Pembina Pipeline Corp. 0.12% 30,802 $1.1M No change
NI Nisource Inc. 0.12% 38,901 $1.1M No change
PPL PPL Corp. 0.12% 40,390 $1.1M No change
CP Canadian Pacific Kansas City 0.12% 13,730 $1.1M Reduce -37.0%
SRE Sempra 0.11% 13,829 $1.1M No change
CMS CMS Energy Corp. 0.11% 17,505 $1.0M No change
LNG Cheniere Energy Inc. 0.11% 5,903 $1.0M Reduce -3.9%
COST Costco Wholesale Corp. 0.11% 1,213 $1.0M Reduce -0.9%
RSG Republic Services Inc. 0.11% 5,255 $1.0M No change
CSX CSX Corp. 0.11% 29,654 $992K Add +15.1%
VST Vistra Corp. 0.11% 11,422 $982K Reduce -37.3%
SBAC SBA Communications Corp. 0.10% 4,909 $964K Reduce -6.1%
ROAD Construction Partners Inc. Class A 0.10% 17,280 $954K New
CEG Constellation Energy 0.10% 4,545 $910K Reduce -34.2%
AES AES Corp. 0.10% 50,545 $888K New
XYZ Block Inc. 0.09% 13,695 $883K No change
WMT Walmart Inc. 0.09% 12,660 $857K No change
TDG Transdigm Group Inc. 0.09% 636 $813K Reduce -16.8%
HWM Howmet Aerospace Inc. 0.09% 10,439 $810K Reduce -11.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.09% 7,278 $801K No change
AVGO Broadcom Inc. 0.08% 490 $787K Reduce -22.5%
NOW ServiceNow Inc. 0.08% 978 $769K New
V Visa Inc. Class A 0.08% 2,899 $761K No change
XOM Exxon Mobil Corp. 0.08% 6,389 $736K Reduce -0.7%
ADBE Adobe Inc. 0.08% 1,306 $726K Add +7.6%
ICE Intercontinental Exchange Inc. 0.08% 5,279 $723K No change
HUT Hut 8 Corp. 0.08% 48,000 $720K New
BLK BlackRock Finance Inc. 0.08% 909 $716K New
AMD Advanced Micro Devices 0.08% 4,406 $715K Add +16.5%
SPGI S&P Global Inc. 0.08% 1,600 $714K Reduce -10.0%
MCK McKesson Corp. 0.08% 1,201 $701K New
TMUS T-Mobile US Inc. 0.07% 3,912 $689K Reduce -6.3%
TMO Thermo Fisher Scientific Inc. 0.07% 1,199 $663K Reduce -9.7%
MRK Merck & Co. Inc. 0.07% 5,327 $659K Reduce -7.0%
CME Cme Group Inc. 0.04% 2,120 $417K No change
NKE Nike Inc. Class B 0.04% 5,046 $380K No change
RBLX Roblox Corp. Class A 0.04% 9,356 $348K No change
PLD Prologis Inc. 0.02% 2,037 $229K Reduce -5.5%
WELL Welltower Inc. 0.02% 1,816 $189K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.02% 1,674 $150K No change
INVH Invitation Homes Inc. 0.02% 4,161 $149K Add +30.7%
AMH American Homes 4 Rent- A 0.02% 3,968 $147K Add +31.2%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 0.01% 2,047 $133K New
SPG Simon Property Group Inc. 0.01% 873 $133K No change
CTRE Caretrust REIT Inc. 0.01% 5,192 $130K No change
ARE Alexandria Real Estate Equit 0.01% 1,088 $127K No change
ADC Agree Realty Corp. 0.01% 1,947 $121K No change
PSA Public Storage 0.01% 413 $119K Add +6.2%
TRNO Terreno Realty Corp. 0.01% 1,958 $116K Add +7.9%
GLPI Gaming and Leisure Propertie 0.01% 2,513 $114K Add +2.9%
DOC Healthpeak Properties Inc. 0.01% 5,758 $113K New
STAG Stag Industrial Inc. 0.01% 3,080 $111K Add +5.2%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.01% 3,857 $110K Add +8.3%
GRP.U Granite Real Estate Investme 0.01% 2,227 $110K No change
O Realty Income Corp. 0.01% 2,090 $110K No change
PHM Pultegroup Inc. 0.01% 947 $104K New
JPM JPMorgan Chase & Co. 0.01% 499 $101K New
LLY Eli Lilly & Co. 0.01% 109 $99K New
META Meta Platforms Inc. Class A 0.01% 185 $93K New

Options reported separately and not counted above: ISHARES TR puts ($78.9M), STATE STR SPDR S&P 500 ETF T puts ($35.7M), ISHARES TR puts ($7.7M).

Portfolio Sells Q1 2024 → Q2 2024
VRN Veren Inc. Reduce -15.8% 13.53% −6.18
SU Suncor Energy Inc. Reduce -92.5% 0.34% −4.79
NOG Northern Oil and Gas Inc. Sold out 0.00% −2.26
PDS Precision Drilling Corp. Reduce -3.7% 9.83% −1.68
SPY SS SPDR S&P 500 ETF Trust-US Reduce -7.3% 3.85% −0.86
COIN Coinbase Global Inc. Class A Reduce -31.0% 0.27% −0.28
TD Toronto-Dominion Bank Reduce -11.0% 0.34% −0.15
SHOP Shopify Inc. Class A Sold out 0.00% −0.14
CP Canadian Pacific Kansas City Reduce -37.0% 0.12% −0.13
CB Chubb Ltd. Sold out 0.00% −0.09
HAL Halliburton Co. Sold out 0.00% −0.09
ENB Enbridge Inc. Reduce -4.8% 0.34% −0.09
MCD McDonald's Corp. Sold out 0.00% −0.08
UNH Unitedhealth Group Inc. Sold out 0.00% −0.08
FTS Fortis Inc. Reduce -2.1% 0.33% −0.07
CEG Constellation Energy Reduce -34.2% 0.10% −0.06
VST Vistra Corp. Reduce -37.3% 0.11% −0.06
MFC Manulife Financial Corp. Reduce -3.4% 0.37% −0.05
RY Royal Bank of Canada Reduce -2.4% 0.37% −0.05
PWR Quanta Services Inc. Reduce -6.9% 0.14% −0.04
SBAC SBA Communications Corp. Reduce -6.1% 0.10% −0.04
TDG Transdigm Group Inc. Reduce -16.8% 0.09% −0.03
TMO Thermo Fisher Scientific Inc. Reduce -9.7% 0.07% −0.03
MRK Merck & Co. Inc. Reduce -7.0% 0.07% −0.02
AVGO Broadcom Inc. Reduce -22.5% 0.08% −0.02
SPGI S&P Global Inc. Reduce -10.0% 0.08% −0.02
HST Host Hotels & Resorts Inc. Sold out 0.00% −0.02
XOM Exxon Mobil Corp. Reduce -0.7% 0.08% −0.02
HWM Howmet Aerospace Inc. Reduce -11.7% 0.09% −0.02
WY Weyerhaeuser Co. Sold out 0.00% −0.02
LNG Cheniere Energy Inc. Reduce -3.9% 0.11% −0.01
REXR Rexford Industrial Realty Inc. Sold out 0.00% −0.01
TMUS T-Mobile US Inc. Reduce -6.3% 0.07% −0.01
PLD Prologis Inc. Reduce -5.5% 0.02% −0.01
COST Costco Wholesale Corp. Reduce -0.9% 0.11% −0.00
NVDA Nvidia Corp. Reduce -3.5% 0.28% +0.03

Portfolio Buys Q1 2024 → Q2 2024
CNQ Canadian Natural Resources Add +2512.1% 11.89% +11.31
PTEN Patterson-Uti Energy Inc. New 5.57% +5.57
CHRD Chord Energy Corp. Add +285.1% 5.23% +3.53
GFR Greenfire Resources Ltd. New 2.00% +2.00
ROAD Construction Partners Inc. Class A New 0.10% +0.10
AES AES Corp. New 0.10% +0.10
NOW ServiceNow Inc. New 0.08% +0.08
HUT Hut 8 Corp. New 0.08% +0.08
BLK BlackRock Finance Inc. New 0.08% +0.08
MCK McKesson Corp. New 0.08% +0.08
OVV Ovintiv Inc. Add +33.3% 1.01% +0.02
AAPL Apple Inc. Add +8.9% 0.14% +0.02
CM Can Imperial BK of Commerce New 0.01% +0.01
GOOG Alphabet Inc. Class C Add +7.4% 0.15% +0.01
DOC Healthpeak Properties Inc. New 0.01% +0.01
AMZN Amazon.com Inc. Add +18.2% 0.16% +0.01
PHM Pultegroup Inc. New 0.01% +0.01
JPM JPMorgan Chase & Co. New 0.01% +0.01
LLY Eli Lilly & Co. New 0.01% +0.01
EQIX Equinix Inc. Add +37.1% 0.16% +0.01
META Meta Platforms Inc. Class A New 0.01% +0.01
MSFT Microsoft Corp. Add +11.4% 0.45% +0.00
AMH American Homes 4 Rent- A Add +31.2% 0.02% +0.00
INVH Invitation Homes Inc. Add +30.7% 0.02% +0.00
ADBE Adobe Inc. Add +7.6% 0.08% +0.00
NEE Nextera Energy Inc. Add +6.2% 0.14% −0.00
PSA Public Storage Add +6.2% 0.01% −0.00
VICI Vici Properties Inc. Add +8.3% 0.01% −0.00
GLPI Gaming and Leisure Propertie Add +2.9% 0.01% −0.00
STAG Stag Industrial Inc. Add +5.2% 0.01% −0.00
TRNO Terreno Realty Corp. Add +7.9% 0.01% −0.00
AMD Advanced Micro Devices Add +16.5% 0.08% −0.01
PYPL PayPal Holdings Inc. Add +25.2% 0.13% −0.01
DLR Digital Realty Trust Inc. Add +2.5% 0.13% −0.01
CSX CSX Corp. Add +15.1% 0.11% −0.01
WCN Waste Connections Inc. Add +7.5% 0.21% −0.02
MA Mastercard Inc. Class A Add +7.3% 0.16% −0.03
TU Telus Corp. Add +10.0% 0.32% −0.04
CVE Cenovus Energy Inc. Add +19.1% 15.85% −0.11
PR Permian Resources Corp. Class A Add +9.1% 1.04% −0.19
VNOM Viper Energy Inc. Add +0.1% 2.02% −0.42
BTE Baytex Energy Corp. Add +1.3% 15.15% −3.25

Options Activity Q1 2024 → Q2 2024
ISHARES TR put Add +0.2% 859,600 $78.9M
STATE STR SPDR S&P 500 ETF T put Reduce -5.5% 65,600 $35.7M
ISHARES TR call Sold out 325,000 $30.8Mbefore exit
ISHARES TR put New 100,000 $7.7M
SPDR SERIES TRUST put Sold out 90,000 $6.6Mbefore exit

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