Ravenstone Capital Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed June 26, 2026), Ravenstone Capital Management Inc. reported 54 stock positions worth $200.2 million. Its top holding was Visa Class A (V) at 7.5% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Alphabet Class C (GOOG, 6.7%). Compared with Q4 2025, it opened 17 new positions, sold out of 3, added to 19 and reduced 8. The biggest buy was a new position in Becton Dickinson and (BDX) and the biggest sale Alphabet Class C (GOOG, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0002086041
- Portfolio Value
- $200.2M (Q1 2026)
- SEC Filing
- 0002086041-26-000020 ↗ filed Jun 26, 2026
Holdings Value
Holdings 54 stocks · $200.2M
| V Visa Inc. Class A | 7.55% | 50,006 | $15.1M | Add +0.5% |
| MSFT Microsoft Corp. | 6.80% | 36,773 | $13.6M | Add +4.7% |
| GOOG Alphabet Inc. Class C | 6.72% | 46,933 | $13.5M | Reduce -28.3% |
| RY Royal Bank of Canada | 5.98% | 74,328 | $12.0M | Add +0.8% |
| APH Amphenol Corp. Class A | 5.87% | 92,972 | $11.7M | Reduce -17.3% |
| TMO Thermo Fisher Scientific Inc. | 5.57% | 22,704 | $11.2M | Add +2.4% |
| BN Brookfield Corp. | 5.48% | 271,521 | $11.0M | Add +5.4% |
| FAST Fastenal Co. | 5.47% | 236,158 | $11.0M | Add +1.5% |
| SPGI S&P Global Inc. | 5.43% | 25,555 | $10.9M | Add +14.0% |
| DHR Danaher Corp. | 5.05% | 53,331 | $10.1M | Add +2.5% |
| CP Canadian Pacific Kansas City | 5.03% | 128,322 | $10.1M | Add +3.6% |
| SHW The Sherwin-Williams Co. | 4.84% | 30,264 | $9.7M | Add +8.1% |
| HD Home Depot Inc. | 4.54% | 27,633 | $9.1M | Add +4.8% |
| CNI Canadian Natl Railway Co. | 4.52% | 88,242 | $9.1M | Add +0.0% |
| WCN Waste Connections Inc. | 4.26% | 52,610 | $8.5M | Add +2.9% |
| FTNT Fortinet Inc. | 4.10% | 100,366 | $8.2M | Add +7.3% |
| BDX Becton Dickinson and Co. | 3.73% | 47,476 | $7.5M | New |
| ISRG Intuitive Surgical Inc. | 3.65% | 15,832 | $7.3M | Add +6.0% |
| ZTS Zoetis Inc. | 3.25% | 55,121 | $6.5M | Reduce -8.5% |
| TLT iShares 20+ Year Treasury BD | 0.79% | 18,186 | $1.6M | Add +7.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.37% | 10,705 | $740K | Add +12.9% |
| GOOGL Alphabet Inc. Class A | 0.36% | 2,478 | $713K | Reduce -21.1% |
| META Meta Platforms Inc. Class A | 0.11% | 400 | $229K | Reduce -33.3% |
| AMZN Amazon.com Inc. | 0.10% | 985 | $205K | Add +14.5% |
| COST Costco Wholesale Corp. | 0.10% | 200 | $199K | Reduce -7.4% |
| CECO Ceco Environmental Corp. | 0.08% | 2,750 | $164K | Reduce -50.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 238 | $114K | Add +526.3% |
| CCJ Cameco Corp. | 0.04% | 655 | $71K | Reduce -8.0% |
| NVDA Nvidia Corp. | 0.02% | 264 | $46K | No change |
| SNOW Snowflake Inc. | 0.02% | 277 | $42K | No change |
| VRT Vertiv Holdings Co. Class A | 0.02% | 160 | $40K | New |
| CEG Constellation Energy | 0.01% | 85 | $24K | New |
| AVGO Broadcom Inc. | 0.01% | 72 | $22K | New |
| TSLA Tesla Inc. | 0.01% | 55 | $20K | No change |
| VST Vistra Corp. | 0.01% | 115 | $17K | New |
| AMAT Applied Materials Inc. | 0.01% | 42 | $14K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.01% | 36 | $12K | New |
| LMT Lockheed Martin Corp. | 0.01% | 18 | $11K | New |
| IONQ Ionq Inc. | 0.01% | 370 | $11K | No change |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.01% | 8 | $11K | New |
| RTX RTX Corp. | 0.01% | 53 | $10K | New |
| ARM Arm Holdings PLC-ADR | 0.00% | 65 | $10K | New |
| ROK Rockwell Automation Inc. | 0.00% | 18 | $6K | New |
| LLY Eli Lilly & Co. | 0.00% | 7 | $6K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.00% | 60 | $6K | No change |
| ABBV Abbvie Inc. | 0.00% | 21 | $5K | New |
| KTOS Kratos Defense & Security | 0.00% | 55 | $4K | New |
| TD Toronto-Dominion Bank | 0.00% | 40 | $4K | New |
| IBIT iShares Bitcoin Trust ETF | 0.00% | 80 | $3K | No change |
| SNDL SNDL Inc. | 0.00% | 383 | $511 | No change |
| ROKU Roku Inc. | 0.00% | 4 | $378 | No change |
| SNAP Snap Inc. Class A | 0.00% | 35 | $161 | No change |
| CGC Canopy Growth Corp. | 0.00% | 10 | $9 | No change |
| HUB CYBER SECURITY LTD | 0.00% | 3 | $0 | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $0 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LFLYW Merida Merger Corp. I -CW26 | *W EXP 02/04/202 | 125 | $0 | No change |
Portfolio Sells Q4 2025 → Q1 2026
| GOOG Alphabet Inc. Class C | Reduce -28.3% | 6.72% | −2.65 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −2.56 |
| APH Amphenol Corp. Class A | Reduce -17.3% | 5.87% | −1.06 |
| ZTS Zoetis Inc. | Reduce -8.5% | 3.25% | −0.21 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -21.1% | 0.36% | −0.09 |
| CECO Ceco Environmental Corp. | Reduce -50.0% | 0.08% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -33.3% | 0.11% | −0.07 |
| ABVEF Above Food Ingredients Inc. | Sold out | 0.00% | −0.00 |
| CCJ Cameco Corp. | Reduce -8.0% | 0.04% | +0.01 |
| COST Costco Wholesale Corp. | Reduce -7.4% | 0.10% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| BDX Becton Dickinson and Co. | New | 3.73% | +3.73 |
| FAST Fastenal Co. | Add +1.5% | 5.47% | +1.21 |
| CP Canadian Pacific Kansas City | Add +3.6% | 5.03% | +0.86 |
| FTNT Fortinet Inc. | Add +7.3% | 4.10% | +0.71 |
| SHW The Sherwin-Williams Co. | Add +8.1% | 4.84% | +0.70 |
| CNI Canadian Natl Railway Co. | Add +0.0% | 4.52% | +0.54 |
| HD Home Depot Inc. | Add +4.8% | 4.54% | +0.40 |
| RY Royal Bank of Canada | Add +0.8% | 5.98% | +0.25 |
| WCN Waste Connections Inc. | Add +2.9% | 4.26% | +0.16 |
| TLT iShares 20+ Year Treasury BD | Add +7.7% | 0.79% | +0.12 |
| SPGI S&P Global Inc. | Add +14.0% | 5.43% | +0.09 |
| BN Brookfield Corp. | Add +5.4% | 5.48% | +0.08 |
| BNS Bank of Nova Scotia | Add +12.9% | 0.37% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +526.3% | 0.06% | +0.05 |
| VRT Vertiv Holdings Co. Class A | New | 0.02% | +0.02 |
| AMZN Amazon.com Inc. | Add +14.5% | 0.10% | +0.01 |
| CEG Constellation Energy | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | New | 0.01% | +0.01 |
| VST Vistra Corp. | New | 0.01% | +0.01 |
| AMAT Applied Materials Inc. | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| LMT Lockheed Martin Corp. | New | 0.01% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.01% | +0.01 |
| RTX RTX Corp. | New | 0.01% | +0.01 |
| ARM Arm Holdings PLC-ADR | New | 0.00% | +0.00 |
| LLY Eli Lilly & Co. | New | 0.00% | +0.00 |
| ROK Rockwell Automation Inc. | New | 0.00% | +0.00 |
| ABBV Abbvie Inc. | New | 0.00% | +0.00 |
| KTOS Kratos Defense & Security | New | 0.00% | +0.00 |
| TD Toronto-Dominion Bank | New | 0.00% | +0.00 |
| HUB CYBER SECURITY LTD | New | 0.00% | 0.00 |
| ISRG Intuitive Surgical Inc. | Add +6.0% | 3.65% | −0.21 |
| TMO Thermo Fisher Scientific Inc. | Add +2.4% | 5.57% | −0.29 |
| DHR Danaher Corp. | Add +2.5% | 5.05% | −0.39 |
| V Visa Inc. Class A | Add +0.5% | 7.55% | −0.41 |
| MSFT Microsoft Corp. | Add +4.7% | 6.80% | −0.95 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $244.4M | V, APH, GOOG, RY, FTNT |
| Q1 2026 | 54 | $200.2M | V, MSFT, GOOG, RY, APH |
| Q4 2025 | 40 | $219.2M | GOOG, V, MSFT, APH, TMO |
| Q3 2025 | 39 | $204.3M | MSFT, V, GOOG, APH, BN |
| Q2 2025 | 45 | $190.5M | MSFT, V, APH, GOOG, SPGI |
| Q1 2025 | 87 | $171.8M | V, MSFT, SPGI, APH, GOOG |
| Q4 2024 | 85 | $174.0M | V, MSFT, GOOG, AAPL, APH |
| Q3 2024 | 33 | $166.2M | MSFT, V, GOOG, DHR, TMO |
| Q2 2024 | 33 | $150.1M | MSFT, GOOG, V, APH, DHR |
| Q1 2024 | 34 | $150.2M | MSFT, V, GOOG, APH, TMO |