Onex Canada Asset Management Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Onex Canada Asset Management Inc. reported 110 stock positions worth $854.6 million. Its top holding was Aon Class A (AON) at 5.7% of the portfolio, followed by Apollo Global Management (APO, 4.8%) and Microsoft (MSFT, 3.7%). Compared with Q2 2024, it opened 5 new positions, sold out of 5, added to 22 and reduced 62. The biggest buy was Aon Class A (AON, shares +45%) and the biggest sale an exit from Shell PLC-ADR (SHEL).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0000905790
Portfolio Value
$854.6M (Q3 2024)
SEC Filing
0001104659-24-118596 ↗ filed Nov 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B Q1 2024 Q2 2024: $877.7M Q2 2024 Q3 2024: $854.6M $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 110 stocks · $854.6M
AON Aon PLC Class A 5.73% 141,017 $49.0M Add +45.0%
APO Apollo Global Management Inc. 4.83% 330,219 $41.2M Reduce -8.1%
MSFT Microsoft Corp. 3.70% 73,465 $31.6M No change
AAPL Apple Inc. 3.40% 124,757 $29.1M Reduce -0.8%
META Meta Platforms Inc. Class A 3.15% 46,880 $26.9M Reduce -8.8%
SPGI S&P Global Inc. 3.13% 51,667 $26.8M Reduce -8.2%
ARMK Aramark 2.73% 600,339 $23.3M Reduce -12.5%
GOOGL Alphabet Inc. Class A 2.68% 138,124 $22.9M Add +2.3%
UBER Uber Technologies Inc. 2.56% 289,762 $21.9M Add +5.9%
AMZN Amazon.com Inc. 2.51% 115,265 $21.5M Add +3.2%
NVDA Nvidia Corp. 2.46% 172,985 $21.0M Reduce -0.8%
BRK.A Berkshire Hathaway Inc. Class A 2.35% 29 $20.0M Reduce -3.3%
UNH Unitedhealth Group Inc. 2.32% 33,450 $19.8M Reduce -16.2%
GOOG Alphabet Inc. Class C 2.15% 109,282 $18.3M Add +15.9%
MRSH Marsh & McLennan Cos 2.08% 79,614 $17.8M Reduce -26.3%
BUR Burford Capital Ltd. 2.00% 1,286,595 $17.1M Reduce -1.2%
KBR KBR Inc. 1.99% 261,202 $17.0M Reduce -7.1%
RBA RB Global Inc. 1.73% 182,848 $14.8M Reduce -21.8%
GIL Gildan Activewear Inc. 1.59% 286,657 $13.6M Add +9.7%
BN Brookfield Corp. 1.30% 209,963 $11.2M Reduce -14.9%
RY Royal Bank of Canada 1.28% 87,973 $11.0M Reduce -14.9%
AVGO Broadcom Inc. 1.21% 60,140 $10.4M Reduce -4.1%
JPM JPMorgan Chase & Co. 1.13% 45,625 $9.6M Reduce -11.2%
TD Toronto-Dominion Bank 1.11% 150,379 $9.5M Reduce -11.6%
UNP Union Pacific Corp. 1.04% 35,941 $8.9M Add +2.7%
SHOP Shopify Inc. Class A 1.01% 107,693 $8.6M Reduce -14.9%
XOM Exxon Mobil Corp. 0.98% 71,509 $8.4M Reduce -9.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.95% 204,846 $8.1M Reduce -8.9%
ENB Enbridge Inc. 0.94% 197,492 $8.0M Reduce -43.8%
MA Mastercard Inc. Class A 0.94% 16,208 $8.0M Reduce -2.9%
NOW ServiceNow Inc. 0.90% 8,580 $7.7M Reduce -8.2%
HLT Hilton Worldwide Holdings Inc. 0.87% 32,209 $7.4M Reduce -6.6%
TMO Thermo Fisher Scientific Inc. 0.85% 11,754 $7.3M No change
PH Parker Hannifin Corp. 0.85% 11,441 $7.2M Add +2.3%
BCE Bce Inc. 0.81% 199,876 $6.9M Reduce -25.5%
PG The Procter & Gamble Co. 0.78% 38,619 $6.7M Add +6.1%
MFC Manulife Financial Corp. 0.77% 223,364 $6.6M Reduce -41.3%
KO The Coca-Cola Co. 0.75% 89,381 $6.4M Add +21.4%
V Visa Inc. Class A 0.75% 23,223 $6.4M Reduce -3.8%
LLY Eli Lilly & Co. 0.74% 7,110 $6.3M Reduce -3.5%
SU Suncor Energy Inc. 0.72% 165,597 $6.1M Reduce -14.9%
BDX Becton Dickinson and Co. 0.71% 25,303 $6.1M Add +22.9%
SHW The Sherwin-Williams Co. 0.71% 15,920 $6.1M No change
CBRE CBRE Group Inc. Class A 0.70% 47,764 $5.9M No change
CME Cme Group Inc. 0.68% 26,249 $5.8M Add +10.0%
MCD McDonald's Corp. 0.65% 18,153 $5.5M Add +11.2%
ABT Abbott Laboratories 0.64% 47,967 $5.5M Add +41.2%
WCN Waste Connections Inc. 0.63% 30,262 $5.4M Reduce -14.9%
DHR Danaher Corp. 0.63% 19,222 $5.3M No change
OTEX Open Text Corp. 0.58% 149,360 $5.0M Reduce -14.9%
TXN Texas Instruments Inc. 0.58% 23,838 $4.9M Add +28.1%
CP Canadian Pacific Kansas City 0.57% 56,994 $4.9M Reduce -14.9%
FSV Firstservice Corp. 0.57% 26,458 $4.8M Reduce -15.0%
NFLX Netflix Inc. 0.57% 6,814 $4.8M Reduce -14.8%
ORLY O'reilly Automotive Inc. 0.56% 4,182 $4.8M No change
HD Home Depot Inc. 0.51% 10,843 $4.4M Add +12.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.51% 36,926 $4.3M Add +6.9%
NVS Novartis AG-Sponsored ADR 0.51% 37,733 $4.3M Add +5.6%
SLF Sun Life Financial Inc. 0.51% 74,551 $4.3M Reduce -14.9%
ADBE Adobe Inc. 0.51% 8,340 $4.3M No change
FER Ferrovial NV 0.50% 99,400 $4.3M No change
GE General Electric filed as GE AEROSPACE 0.49% 22,288 $4.2M Add +3.2%
CVX Chevron Corp. 0.49% 28,504 $4.2M Reduce -3.1%
BIP Brookfield Infrastructure Pa 0.49% 118,271 $4.2M Reduce -38.7%
CAT Caterpillar Inc. 0.47% 10,325 $4.0M No change
CIGI Colliers Intl GR-Subord Vot 0.47% 26,406 $4.0M Reduce -15.0%
ASML ASML Holding NV-NY Reg SHS 0.47% 4,808 $4.0M Add +32.5%
HCA HCA Healthcare Inc. 0.47% 9,839 $4.0M No change
B Barrick Gold Corp. 0.44% 187,374 $3.7M Reduce -14.9%
WSC Willscot Holdings Corp. 0.43% 97,680 $3.7M Add +0.2%
TMUS T-Mobile US Inc. 0.42% 17,504 $3.6M Reduce -11.5%
INTU Intuit Inc. 0.42% 5,772 $3.6M Reduce -5.9%
BTG B2GOLD Corp. 0.41% 1,143,310 $3.5M Reduce -14.9%
AMD Advanced Micro Devices 0.40% 20,756 $3.4M No change
QSR Restaurant Brands Intern 0.39% 46,532 $3.4M Reduce -14.9%
W Wayfair Inc. Class A 0.39% 59,064 $3.3M New
DOO BRP Inc./Ca- Sub Voting 0.38% 54,884 $3.3M Reduce -15.3%
MRK Merck & Co. Inc. 0.35% 26,652 $3.0M No change
ABBV Abbvie Inc. 0.35% 15,282 $3.0M No change
JNJ Johnson & Johnson 0.35% 18,556 $3.0M No change
CSX CSX Corp. 0.34% 85,146 $2.9M No change
CNI Canadian Natl Railway Co. 0.33% 24,098 $2.8M Reduce -14.9%
RYAAY Ryanair Holdings PLC-SP ADR 0.33% 62,055 $2.8M Add +248.2%
VET Vermilion Energy Inc. 0.32% 283,894 $2.8M Reduce -14.9%
ELV Elevance Health Inc. 0.28% 4,629 $2.4M Reduce -7.9%
AQN Algonquin Power & Utilities 0.28% 434,479 $2.4M Reduce -44.7%
REGN Regeneron Pharmaceuticals 0.27% 2,234 $2.3M No change
GPK Graphic Packaging Holding Co. 0.27% 78,566 $2.3M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.27% 23,574 $2.3M No change
SWIM Latham Group Inc. 0.26% 331,029 $2.3M New
MU Micron Technology Inc. 0.25% 20,321 $2.1M Reduce -16.6%
BAM Brookfield Asset Mgmt-A 0.24% 44,190 $2.1M Reduce -14.9%
PPG PPG Industries Inc. 0.24% 15,531 $2.1M No change
NTR Nutrien Ltd. 0.24% 41,812 $2.0M Reduce -14.9%
KOF Coca-Cola Femsa Sab-SP ADR 0.23% 22,145 $2.0M No change
ZTS Zoetis Inc. 0.23% 9,954 $1.9M No change
MASI Masimo Corp. 0.23% 14,425 $1.9M New
ATS Ats Corp. 0.22% 64,620 $1.9M New
VLRS Controladora Vuela Cia-ADR 0.21% 280,879 $1.8M Reduce -37.5%
FMX Fomento Economico Mex-SP ADR 0.20% 17,448 $1.7M No change
DHI D.R. Horton Inc. 0.19% 8,715 $1.7M Reduce -58.1%
MGA Magna International Inc. 0.18% 38,467 $1.6M Reduce -14.7%
EXPE Expedia Group Inc. 0.14% 8,267 $1.2M Reduce -36.0%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.14% 19,099 $1.2M Reduce -80.8%
TU Telus Corp. 0.10% 52,373 $879K Reduce -80.8%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.10% 16,060 $875K Reduce -80.8%
PBA Pembina Pipeline Corp. 0.10% 19,687 $811K Reduce -80.9%
TRP TC Energy Corp. 0.07% 12,620 $600K Reduce -84.2%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.05% 4,581 $413K Reduce -94.5%
BEP Brookfield Renewable Partner 0.03% 9,773 $276K Reduce -80.8%

Portfolio Sells Q2 2024 → Q3 2024
SHEL Shell PLC-ADR Sold out 0.00% −0.85
BMO Bank of Montreal Reduce -94.5% 0.05% −0.78
AZN Astrazeneca PLC-Spons ADR Sold out 0.00% −0.58
ENB Enbridge Inc. Reduce -43.8% 0.94% −0.54
MRSH Marsh & McLennan Cos Reduce -26.3% 2.08% −0.51
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.46
MFC Manulife Financial Corp. Reduce -41.3% 0.77% −0.43
CM Can Imperial BK of Commerce Reduce -80.8% 0.14% −0.41
TU Telus Corp. Reduce -80.8% 0.10% −0.38
PBA Pembina Pipeline Corp. Reduce -80.9% 0.10% −0.35
BNS Bank of Nova Scotia Reduce -80.8% 0.10% −0.34
ALIT Alight Inc. Class A Sold out 0.00% −0.31
RBA RB Global Inc. Reduce -21.8% 1.73% −0.30
GSK GSK PLC-Spon ADR Sold out 0.00% −0.30
TRP TC Energy Corp. Reduce -84.2% 0.07% −0.28
AQN Algonquin Power & Utilities Reduce -44.7% 0.28% −0.27
BCE Bce Inc. Reduce -25.5% 0.81% −0.22
SU Suncor Energy Inc. Reduce -14.9% 0.72% −0.18
BIP Brookfield Infrastructure Pa Reduce -38.7% 0.49% −0.14
DHI D.R. Horton Inc. Reduce -58.1% 0.19% −0.14
MU Micron Technology Inc. Reduce -16.6% 0.25% −0.12
VLRS Controladora Vuela Cia-ADR Reduce -37.5% 0.21% −0.12
VET Vermilion Energy Inc. Reduce -14.9% 0.32% −0.12
WCN Waste Connections Inc. Reduce -14.9% 0.63% −0.12
BEP Brookfield Renewable Partner Reduce -80.8% 0.03% −0.11
DOO BRP Inc./Ca- Sub Voting Reduce -15.3% 0.38% −0.11
CNI Canadian Natl Railway Co. Reduce -14.9% 0.33% −0.07
QSR Restaurant Brands Intern Reduce -14.9% 0.39% −0.07
BAC Bank of America Corp. Reduce -8.9% 0.95% −0.07
NTR Nutrien Ltd. Reduce -14.9% 0.24% −0.07
KBR KBR Inc. Reduce -7.1% 1.99% −0.06
CP Canadian Pacific Kansas City Reduce -14.9% 0.57% −0.06
JPM JPMorgan Chase & Co. Reduce -11.2% 1.13% −0.06
XOM Exxon Mobil Corp. Reduce -9.5% 0.98% −0.06
OTEX Open Text Corp. Reduce -14.9% 0.58% −0.05
NFLX Netflix Inc. Reduce -14.8% 0.57% −0.05
MGA Magna International Inc. Reduce -14.7% 0.18% −0.04
EXPE Expedia Group Inc. Reduce -36.0% 0.14% −0.04
INTU Intuit Inc. Reduce -5.9% 0.42% −0.04
RY Royal Bank of Canada Reduce -14.9% 1.28% −0.04
CVX Chevron Corp. Reduce -3.1% 0.49% −0.03
ELV Elevance Health Inc. Reduce -7.9% 0.28% −0.03
LLY Eli Lilly & Co. Reduce -3.5% 0.74% −0.02
BTG B2GOLD Corp. Reduce -14.9% 0.41% −0.02
TD Toronto-Dominion Bank Reduce -11.6% 1.11% −0.01
SLF Sun Life Financial Inc. Reduce -14.9% 0.51% −0.01
APO Apollo Global Management Inc. Reduce -8.1% 4.83% −0.01
B Barrick Gold Corp. Reduce -14.9% 0.44% −0.01
FSV Firstservice Corp. Reduce -15.0% 0.57% −0.00
SHOP Shopify Inc. Class A Reduce -14.9% 1.01% +0.00

Portfolio Buys Q2 2024 → Q3 2024
AON Aon PLC Class A Add +45.0% 5.73% +2.47
GIL Gildan Activewear Inc. Add +9.7% 1.59% +0.46
W Wayfair Inc. Class A New 0.39% +0.39
UBER Uber Technologies Inc. Add +5.9% 2.56% +0.29
GPK Graphic Packaging Holding Co. New 0.27% +0.27
SWIM Latham Group Inc. New 0.26% +0.26
ABT Abbott Laboratories Add +41.2% 0.64% +0.24
MASI Masimo Corp. New 0.23% +0.23
ATS Ats Corp. New 0.22% +0.22
KO The Coca-Cola Co. Add +21.4% 0.75% +0.22
PH Parker Hannifin Corp. Add +2.3% 0.85% +0.20
GOOG Alphabet Inc. Class C Add +15.9% 2.15% +0.18
MCD McDonald's Corp. Add +11.2% 0.65% +0.17
BDX Becton Dickinson and Co. Add +22.9% 0.71% +0.17
TXN Texas Instruments Inc. Add +28.1% 0.58% +0.16
CME Cme Group Inc. Add +10.0% 0.68% +0.14
HD Home Depot Inc. Add +12.1% 0.51% +0.13
UNP Union Pacific Corp. Add +2.7% 1.04% +0.13
GE General Electric Add +3.2% 0.49% +0.10
PG The Procter & Gamble Co. Add +6.1% 0.78% +0.10
RYAAY Ryanair Holdings PLC-SP ADR Add +248.2% 0.33% +0.09
NVS Novartis AG-Sponsored ADR Add +5.6% 0.51% +0.07
TJX TJX Companies Inc. Add +6.9% 0.51% +0.07
AMZN Amazon.com Inc. Add +3.2% 2.51% +0.05
ASML ASML Holding NV-NY Reg SHS Add +32.5% 0.47% +0.05
WSC Willscot Holdings Corp. Add +0.2% 0.43% +0.01
GOOGL Alphabet Inc. Class A Add +2.3% 2.68% −0.12

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