Onex Canada Asset Management Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Onex Canada Asset Management Inc. reported 114 stock positions worth $1.0 billion. Its top holding was Apollo Global Management (APO) at 4.7% of the portfolio, followed by Aon Class A (AON, 4.1%) and Microsoft (MSFT, 3.1%). Compared with Q4 2023, it opened 2 new positions, sold out of 11, added to 18 and reduced 90. The biggest buy was KBR (KBR, shares +49%) and the biggest sale Alight Class A (ALIT, shares −58%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0000905790
Portfolio Value
$1.0B (Q1 2024)
SEC Filing
0001104659-24-061639 ↗ filed May 15, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B $1.0B Q1 2024 Q2 2024: $877.7M Q2 2024 Q3 2024: $854.6M Q3 2024 Q4 2024: $834.2M Q4 2024 Q1 2025: $776.2M Q1 2025 Q2 2025: $820.0M Q2 2025 Q3 2025: $791.6M Q3 2025 Q4 2025: $720.5M Q4 2025 Q1 2026: $601.1M Q1 2026 Q2 2026: $649.3M Q2 2026

Holdings 114 stocks · $1.0B
APO Apollo Global Management Inc. 4.75% 422,702 $47.5M Reduce -2.2%
AON Aon PLC Class A 4.09% 122,648 $40.9M Add +6.5%
MSFT Microsoft Corp. 3.11% 73,971 $31.1M Reduce -9.4%
META Meta Platforms Inc. Class A 3.06% 63,154 $30.7M Reduce -21.5%
MRSH Marsh & McLennan Cos 2.44% 118,414 $24.4M Reduce -4.6%
SPGI S&P Global Inc. 2.28% 53,672 $22.8M Reduce -11.4%
RBA RB Global Inc. 2.24% 294,566 $22.4M Reduce -9.9%
AAPL Apple Inc. 2.23% 130,021 $22.3M Reduce -9.8%
ENB Enbridge Inc. 2.07% 574,154 $20.7M Reduce -11.5%
BRK.A Berkshire Hathaway Inc. Class A 2.03% 32 $20.3M Reduce -8.6%
GOOGL Alphabet Inc. Class A 2.02% 134,140 $20.2M Reduce -7.0%
AMZN Amazon.com Inc. 2.02% 111,829 $20.2M Reduce -8.0%
KBR KBR Inc. 2.01% 315,876 $20.1M Add +49.1%
BUR Burford Capital Ltd. 2.01% 1,258,175 $20.1M Add +4.7%
OTEX Open Text Corp. 1.92% 493,995 $19.2M Add +0.2%
UBER Uber Technologies Inc. 1.79% 232,214 $17.9M Add +7.3%
ARMK Aramark 1.76% 541,945 $17.6M Add +24.3%
UNH Unitedhealth Group Inc. 1.76% 35,516 $17.6M Add +47.5%
GOOG Alphabet Inc. Class C 1.73% 113,428 $17.3M Add +7.4%
NVDA Nvidia Corp. 1.62% 17,990 $16.3M Reduce -15.4%
BMO Bank of Montreal filed as BANK MONTREAL QUE 1.43% 146,581 $14.3M Reduce -11.3%
BCE Bce Inc. 1.42% 417,922 $14.2M Add +22.4%
MFC Manulife Financial Corp. 1.36% 544,048 $13.6M Reduce -13.4%
RY Royal Bank of Canada 1.24% 123,214 $12.4M Reduce -18.4%
BN Brookfield Corp. 1.23% 294,301 $12.3M Reduce -18.8%
TD Toronto-Dominion Bank 1.22% 202,636 $12.2M Reduce -18.1%
SHOP Shopify Inc. Class A 1.16% 150,800 $11.6M Reduce -17.9%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 1.11% 219,320 $11.1M Reduce -6.3%
JPM JPMorgan Chase & Co. 1.04% 51,988 $10.4M Reduce -8.0%
XOM Exxon Mobil Corp. 1.01% 87,313 $10.1M Reduce -10.2%
GE General Electric 0.96% 54,980 $9.7M Add +148.1%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.95% 184,289 $9.5M Reduce -7.0%
BIP Brookfield Infrastructure Pa 0.94% 300,447 $9.4M Reduce -12.5%
AVGO Broadcom Inc. 0.89% 6,745 $8.9M Reduce -24.6%
UNP Union Pacific Corp. 0.87% 35,373 $8.7M Reduce -5.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.86% 227,175 $8.6M Reduce -7.5%
SU Suncor Energy Inc. 0.86% 232,083 $8.6M Reduce -19.4%
AQN Algonquin Power & Utilities 0.82% 1,292,610 $8.2M Reduce -11.2%
GIL Gildan Activewear Inc. 0.81% 217,853 $8.1M Add +0.5%
MA Mastercard Inc. Class A 0.80% 16,707 $8.0M Reduce -8.2%
PBA Pembina Pipeline Corp. 0.80% 226,034 $8.0M Reduce -6.5%
SHEL Shell PLC-ADR 0.79% 237,293 $7.9M Add +1.0%
NOW ServiceNow Inc. 0.74% 9,736 $7.4M Reduce -8.4%
HLT Hilton Worldwide Holdings Inc. 0.74% 34,519 $7.4M Reduce -7.7%
WCN Waste Connections Inc. 0.73% 42,400 $7.3M Reduce -18.0%
TRP TC Energy Corp. 0.71% 176,095 $7.1M Reduce -6.3%
CP Canadian Pacific Kansas City 0.70% 79,879 $7.0M Reduce -18.0%
ALIT Alight Inc. Class A 0.68% 694,524 $6.8M Reduce -57.7%
V Visa Inc. Class A 0.68% 24,421 $6.8M Reduce -8.3%
TMO Thermo Fisher Scientific Inc. 0.68% 11,674 $6.8M Reduce -7.8%
LLY Eli Lilly & Co. 0.68% 8,701 $6.8M Reduce -11.4%
PH Parker Hannifin Corp. 0.63% 11,313 $6.3M Reduce -8.3%
FSV Firstservice Corp. 0.61% 37,141 $6.1M Reduce -18.1%
GSK GSK PLC-Spon ADR 0.58% 267,680 $5.8M Reduce -14.4%
SLF Sun Life Financial Inc. 0.57% 104,584 $5.7M Reduce -18.1%
PG The Procter & Gamble Co. 0.57% 34,881 $5.7M Add +0.5%
SHW The Sherwin-Williams Co. 0.56% 16,099 $5.6M Reduce -8.6%
VLRS Controladora Vuela Cia-ADR 0.56% 750,891 $5.6M Add +0.5%
ASML ASML Holding NV-NY Reg SHS 0.54% 5,528 $5.4M No change
CVX Chevron Corp. 0.52% 33,117 $5.2M Reduce -21.5%
DOO BRP Inc./Ca- Sub Voting 0.52% 77,745 $5.2M Reduce -18.6%
QSR Restaurant Brands Intern 0.52% 65,154 $5.2M Reduce -19.9%
CME Cme Group Inc. 0.51% 23,690 $5.1M Reduce -8.2%
VET Vermilion Energy Inc. 0.50% 399,545 $5.0M Add +43.5%
TU Telus Corp. 0.48% 300,708 $4.8M Reduce -6.5%
DHR Danaher Corp. 0.48% 19,096 $4.8M Reduce -7.3%
ORLY O'reilly Automotive Inc. 0.48% 4,224 $4.8M Reduce -7.7%
CBRE CBRE Group Inc. Class A 0.47% 48,315 $4.7M Reduce -7.3%
WSC Willscot Holdings Corp. 0.46% 99,500 $4.6M Reduce -55.5%
MCD McDonald's Corp. 0.46% 16,192 $4.6M Reduce -7.6%
CIGI Colliers Intl GR-Subord Vot 0.45% 37,048 $4.5M Reduce -18.3%
NFLX Netflix Inc. 0.45% 7,413 $4.5M Reduce -8.2%
KO The Coca-Cola Co. 0.45% 73,003 $4.5M Reduce -8.0%
CNI Canadian Natl Railway Co. 0.44% 33,761 $4.4M Reduce -18.2%
TFII Tfi International Inc. 0.44% 27,776 $4.4M Reduce -8.2%
BDX Becton Dickinson and Co. 0.44% 17,801 $4.4M Add +8.1%
INTU Intuit Inc. 0.43% 6,603 $4.3M Reduce -8.3%
NVS Novartis AG-Sponsored ADR 0.42% 43,733 $4.2M Reduce -21.5%
ADBE Adobe Inc. 0.42% 8,345 $4.2M Reduce -8.2%
AZN Astrazeneca PLC-Spons ADR 0.40% 29,840 $4.0M Add +46.7%
AMD Advanced Micro Devices 0.40% 22,197 $4.0M Reduce -7.5%
ABT Abbott Laboratories 0.38% 33,448 $3.8M Reduce -7.9%
CAT Caterpillar Inc. 0.38% 10,331 $3.8M Reduce -8.1%
HD Home Depot Inc. 0.37% 9,674 $3.7M Reduce -7.9%
TMUS T-Mobile US Inc. 0.37% 22,484 $3.7M Reduce -12.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.35% 34,945 $3.5M Reduce -8.1%
MRK Merck & Co. Inc. 0.35% 26,673 $3.5M Reduce -39.2%
HCA HCA Healthcare Inc. 0.35% 10,430 $3.5M Reduce -8.0%
DHI D.R. Horton Inc. 0.34% 20,830 $3.4M New
NVO Novo-Nordisk A/S-Spons ADR 0.34% 26,790 $3.4M No change
RYAAY Ryanair Holdings PLC-SP ADR 0.34% 23,422 $3.4M No change
MU Micron Technology Inc. 0.33% 28,324 $3.3M Reduce -9.4%
CSX CSX Corp. 0.32% 86,052 $3.2M Reduce -8.0%
NTR Nutrien Ltd. 0.32% 58,665 $3.2M Reduce -20.7%
B Barrick Gold Corp. 0.30% 178,530 $3.0M Reduce -17.9%
JNJ Johnson & Johnson 0.29% 18,568 $2.9M Reduce -8.1%
MGA Magna International Inc. 0.29% 53,798 $2.9M Reduce -17.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 23,851 $2.9M Reduce -8.1%
TXN Texas Instruments Inc. 0.28% 16,123 $2.8M Add +0.2%
ABBV Abbvie Inc. 0.28% 15,287 $2.8M Reduce -7.5%
ELV Elevance Health Inc. 0.26% 5,078 $2.6M Reduce -7.7%
BAM Brookfield Asset Mgmt-A 0.26% 62,011 $2.6M Reduce -18.9%
BEP Brookfield Renewable Partner 0.26% 111,991 $2.6M Reduce -6.1%
YUM Yum! Brands Inc. 0.25% 18,130 $2.5M Reduce -8.5%
BTG B2GOLD Corp. 0.25% 958,465 $2.5M Reduce -18.1%
FMX Fomento Economico Mex-SP ADR 0.25% 18,948 $2.5M New
BABA Alibaba Group Holding-SP ADR 0.23% 31,530 $2.3M No change
PPG PPG Industries Inc. 0.23% 15,550 $2.3M Reduce -7.8%
KOF Coca-Cola Femsa Sab-SP ADR 0.22% 23,145 $2.2M Reduce -36.0%
REGN Regeneron Pharmaceuticals 0.21% 2,230 $2.1M Reduce -8.3%
CMCSA Comcast Corp. Class A 0.19% 44,769 $1.9M Reduce -16.8%
EXPE Expedia Group Inc. 0.18% 13,256 $1.8M Reduce -8.0%
ZTS Zoetis Inc. 0.17% 10,061 $1.7M Reduce -16.3%
BA The Boeing Co. 0.16% 8,452 $1.6M Reduce -6.8%

Portfolio Sells Q4 2023 → Q1 2024
ALIT Alight Inc. Class A Reduce -57.7% 0.68% −0.70
WSC Willscot Holdings Corp. Reduce -55.5% 0.46% −0.52
AAPL Apple Inc. Reduce -9.8% 2.23% −0.51
FTAI Ftai Aviation Ltd. Sold out 0.00% −0.39
TCN Tricon Residential Inc. Sold out 0.00% −0.36
TD Toronto-Dominion Bank Reduce -18.1% 1.22% −0.35
SPGI S&P Global Inc. Reduce -11.4% 2.28% −0.35
CNQ Canadian Natural Resources Sold out 0.00% −0.30
ETR Entergy Corp. Sold out 0.00% −0.27
RY Royal Bank of Canada Reduce -18.4% 1.24% −0.26
SHOP Shopify Inc. Class A Reduce -17.9% 1.16% −0.25
ENB Enbridge Inc. Reduce -11.5% 2.07% −0.23
ESS Essex Property Trust Inc. Sold out 0.00% −0.22
BN Brookfield Corp. Reduce -18.8% 1.23% −0.20
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.19
BMO Bank of Montreal Reduce -11.3% 1.43% −0.18
GILD Gilead Sciences Inc. Sold out 0.00% −0.18
SLB SLB Ltd. Sold out 0.00% −0.16
DG Dollar General Corp. Sold out 0.00% −0.16
DOO BRP Inc./Ca- Sub Voting Reduce -18.6% 0.52% −0.15
NVS Novartis AG-Sponsored ADR Reduce -21.5% 0.42% −0.13
BIP Brookfield Infrastructure Pa Reduce -12.5% 0.94% −0.13
MRK Merck & Co. Inc. Reduce -39.2% 0.35% −0.12
ADBE Adobe Inc. Reduce -8.2% 0.42% −0.11
BTG B2GOLD Corp. Reduce -18.1% 0.25% −0.11
CIGI Colliers Intl GR-Subord Vot Reduce -18.3% 0.45% −0.11
KOF Coca-Cola Femsa Sab-SP ADR Reduce -36.0% 0.22% −0.11
FSV Firstservice Corp. Reduce -18.1% 0.61% −0.11
QSR Restaurant Brands Intern Reduce -19.9% 0.52% −0.11
CVX Chevron Corp. Reduce -21.5% 0.52% −0.10
PFE Pfizer Inc. Sold out 0.00% −0.09
NTR Nutrien Ltd. Reduce -20.7% 0.32% −0.09
AVGO Broadcom Inc. Reduce -24.6% 0.89% −0.09
B Barrick Gold Corp. Reduce -17.9% 0.30% −0.09
AQN Algonquin Power & Utilities Reduce -11.2% 0.82% −0.09
MGA Magna International Inc. Reduce -17.9% 0.29% −0.09
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.09
TU Telus Corp. Reduce -6.5% 0.48% −0.08
SLF Sun Life Financial Inc. Reduce -18.1% 0.57% −0.08
BA The Boeing Co. Reduce -6.8% 0.16% −0.07
CNI Canadian Natl Railway Co. Reduce -18.2% 0.44% −0.07
ZTS Zoetis Inc. Reduce -16.3% 0.17% −0.06
CP Canadian Pacific Kansas City Reduce -18.0% 0.70% −0.06
MCD McDonald's Corp. Reduce -7.6% 0.46% −0.06
SU Suncor Energy Inc. Reduce -19.4% 0.86% −0.05
BEP Brookfield Renewable Partner Reduce -6.1% 0.26% −0.05
BAM Brookfield Asset Mgmt-A Reduce -18.9% 0.26% −0.04
UNP Union Pacific Corp. Reduce -5.9% 0.87% −0.04
TMUS T-Mobile US Inc. Reduce -12.6% 0.37% −0.04
CMCSA Comcast Corp. Class A Reduce -16.8% 0.19% −0.04

Portfolio Buys Q4 2023 → Q1 2024
KBR KBR Inc. Add +49.1% 2.01% +0.85
AON Aon PLC Class A Add +6.5% 4.09% +0.78
GE General Electric Add +148.1% 0.96% +0.69
ARMK Aramark Add +24.3% 1.76% +0.55
UNH Unitedhealth Group Inc. Add +47.5% 1.76% +0.51
UBER Uber Technologies Inc. Add +7.3% 1.79% +0.47
DHI D.R. Horton Inc. New 0.34% +0.34
GOOG Alphabet Inc. Class C Add +7.4% 1.73% +0.26
FMX Fomento Economico Mex-SP ADR New 0.25% +0.25
VET Vermilion Energy Inc. Add +43.5% 0.50% +0.17
BUR Burford Capital Ltd. Add +4.7% 2.01% +0.16
AZN Astrazeneca PLC-Spons ADR Add +46.7% 0.40% +0.13
GIL Gildan Activewear Inc. Add +0.5% 0.81% +0.10
BCE Bce Inc. Add +22.4% 1.42% +0.09
PG The Procter & Gamble Co. Add +0.5% 0.57% +0.06
BDX Becton Dickinson and Co. Add +8.1% 0.44% +0.04
SHEL Shell PLC-ADR Add +1.0% 0.79% +0.03
TXN Texas Instruments Inc. Add +0.2% 0.28% +0.01
OTEX Open Text Corp. Add +0.2% 1.92% −0.13
VLRS Controladora Vuela Cia-ADR Add +0.5% 0.56% −0.13

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 80$649.3MNVDA, MSFT, GOOGL, AAPL, APO
Q1 2026 78$601.1MAPO, NVDA, AON, MSFT, GOOGL
Q4 2025 72$720.5MAPO, AON, GOOGL, MSFT, NVDA
Q3 2025 70$791.6MAON, APO, MSFT, NVDA, GOOGL
Q2 2025 118$820.0MAON, APO, MSFT, UBER, NVDA
Q1 2025 116$776.2MAON, APO, MSFT, SPGI, UBER
Q4 2024 111$834.2MAON, APO, MSFT, AAPL, SPGI
Q3 2024 110$854.6MAON, APO, MSFT, AAPL, META
Q2 2024 110$877.7MAPO, MSFT, AON, AAPL, META
Q1 2024 114$1.0BAPO, AON, MSFT, META, MRSH