Timelo Investment Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Timelo Investment Management Inc. reported 44 stock positions worth $80.0 million. Its top holding was Profound Medical (PROF) at 9.3% of the portfolio, followed by Colliers Intl GR-Subord Vot (CIGI, 7.0%) and Molina Healthcare (MOH, 6.0%). Compared with Q1 2026, it opened 13 new positions, sold out of 14, added to 11 and reduced 11. The biggest buy was Colliers Intl GR-Subord Vot (CIGI, shares +1100%) and the biggest sale an exit from iShares 20+ Year Treasury BD (TLT).

Most Recent 13F
Q2 2026
Location
Aurora, A6
CIK
0001851296
Portfolio Value
$80.0M (Q2 2026)
SEC Filing
0000919574-26-005127 ↗ filed Aug 13, 2026

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q1 2024: $64.5M Q1 2024 Q2 2024: $49.7M Q2 2024 Q3 2024: $40.5M Q3 2024 Q4 2024: $44.5M Q4 2024 Q1 2025: $22.8M Q1 2025 Q2 2025: $28.9M Q2 2025 Q3 2025: $60.3M Q3 2025 Q4 2025: $94.2M Q4 2025 Q1 2026: $73.0M Q1 2026 Q2 2026: $80.0M $80.0M Q2 2026

Holdings 44 stocks · $80.0M
PROF Profound Medical Corp. 9.27% 1,114,967 $7.4M No change
CIGI Colliers Intl GR-Subord Vot 7.03% 60,000 $5.6M Add +1100.0%
MOH Molina Healthcare Inc. 6.00% 21,000 $4.8M Add +31.3%
BAX Baxter International Inc. 4.45% 167,000 $3.6M Add +351.4%
CAE Cae Inc. 3.82% 122,100 $3.1M Add +125.7%
WIX Wix.com Ltd. 3.63% 64,000 $2.9M Add +700.0%
BKD Brookdale Senior Living Inc. 3.34% 166,000 $2.7M Reduce -35.4%
GRAL Grail Inc. 3.33% 39,000 $2.7M Add +160.0%
INTU Intuit Inc. 3.26% 10,000 $2.6M New
POOL Pool Corp. 3.22% 12,000 $2.6M Add +71.4%
CVE Cenovus Energy Inc. 3.10% 100,000 $2.5M Add +100.0%
BCE Bce Inc. 2.82% 105,000 $2.3M New
ACN Accenture PLC Class A 2.80% 18,000 $2.2M New
MSFT Microsoft Corp. 2.80% 6,000 $2.2M Reduce -33.3%
EAT Brinker International Inc. 2.73% 13,000 $2.2M Reduce -18.8%
TPB Turning Point Brands Inc. 2.54% 24,000 $2.0M New
MAN Manpowergroup Inc. 2.53% 60,000 $2.0M New
BROS Dutch Bros Inc. Class A 2.51% 28,000 $2.0M Reduce -41.7%
ELV Elevance Health Inc. 2.42% 5,000 $1.9M Reduce -28.6%
NTR Nutrien Ltd. 2.12% 27,000 $1.7M New
VFF Village Farms International 2.08% 832,165 $1.7M New
ADBE Adobe Inc. 2.05% 8,000 $1.6M New
YUM Yum! Brands Inc. 2.00% 10,000 $1.6M New
CNH CNH Industrial NV 1.96% 140,000 $1.6M Add +460.0%
GIB Cgi Inc. 1.94% 24,000 $1.5M Reduce -44.2%
BIPC Brookfield Infrastructure-A 1.92% 40,000 $1.5M Reduce -38.5%
EFXT Enerflex Ltd. 1.63% 53,200 $1.3M Reduce -58.5%
BGSI Boyd Group Services Inc. 1.51% 12,800 $1.2M No change
ITRN Ituran Location and Control 1.45% 19,000 $1.2M Reduce -51.3%
DRVN Driven Brands Holdings Inc. 1.45% 83,000 $1.2M Reduce -33.6%
FURY Fury Gold Mines Ltd. 1.36% 2,021,500 $1.1M Add +15.1%
DOCU Docusign Inc. 1.11% 20,000 $888K New
CVX Chevron Corp. 1.04% 5,000 $829K New
SOBO South Bow Corp. 0.88% 20,000 $705K No change
PACH Pioneer Acquisition I Class A 0.77% 60,000 $614K No change
OBA Oxley Bridge Acquisitio Class A 0.64% 50,000 $511K No change
VET Vermilion Energy Inc. 0.59% 50,000 $469K Add +100.0%
CNQ Canadian Natural Resources 0.49% 10,000 $395K New
ELVA Electrovaya Inc. 0.39% 30,000 $315K New
FIGX Figx Capital Acquisition C-A 0.32% 25,000 $256K No change
CALM Cal-Maine Foods Inc. 0.30% 3,000 $242K Reduce -85.7%
FCRS Futurecrest Acquisition Class A 0.13% 10,000 $103K No change
MESHU Meshflow Acquisition Corp. 0.13% 10,000 $102K No change
MBVI M3-Brigade Acquisition Class A 0.13% 10,000 $101K No change

Options reported separately and not counted above: SPY puts ($246.4M), QQQ puts ($22.1M).

Other holdings (3): bonds, preferreds, convertibles and warrants · $15K (not counted above)
SecurityClassShares / PrincipalValueChange
PACHW Pioneer Acquisition I Corp. *W EXP 06/16/203 30,000$6KNo change
OBAWW Oxley Bridge Acq Ltd. -30 *W EXP 06/17/203 25,000$5KNo change
FIGXW Figx Capital Acquisition Cor *W EXP 06/17/203 12,500$4KNo change

Total filed on the 13F, all lines: $80.0M.

Portfolio Sells Q1 2026 → Q2 2026
TLT iShares 20+ Year Treasury BD Sold out 0.00% −5.34
WMT Walmart Inc. Sold out 0.00% −5.11
BAM Brookfield Asset Mgmt-A Sold out 0.00% −3.96
TU Telus Corp. Sold out 0.00% −3.43
SHY iShares 1-3 Year Treasury Bo Sold out 0.00% −3.06
GIL Gildan Activewear Inc. Sold out 0.00% −2.97
BTI British American Tob-SP ADR Sold out 0.00% −2.40
GIB Cgi Inc. Reduce -44.2% 1.94% −2.37
EFXT Enerflex Ltd. Reduce -58.5% 1.63% −2.04
CALM Cal-Maine Foods Inc. Reduce -85.7% 0.30% −1.97
IREN Iren Ltd. Sold out 0.00% −1.97
TAC Transalta Corp. Sold out 0.00% −1.88
MSFT Microsoft Corp. Reduce -33.3% 2.80% −1.77
BIPC Brookfield Infrastructure-A Reduce -38.5% 1.92% −1.59
BKD Brookdale Senior Living Inc. Reduce -35.4% 3.34% −1.48
OVV Ovintiv Inc. Sold out 0.00% −1.22
ITRN Ituran Location and Control Reduce -51.3% 1.45% −1.17
BROS Dutch Bros Inc. Class A Reduce -41.7% 2.51% −0.82
DRVN Driven Brands Holdings Inc. Reduce -33.6% 1.45% −0.71
MINE Mayfair Gold Corp. Sold out 0.00% −0.67
WFG West Fraser Timber Co. Ltd. Sold out 0.00% −0.55
EAT Brinker International Inc. Reduce -18.8% 2.73% −0.40
ELV Elevance Health Inc. Reduce -28.6% 2.42% −0.39
GDYN Grid Dynamics Holdings Inc. Sold out 0.00% −0.20
CAEP Cantor Equity Partners III-A Sold out 0.00% −0.14

Portfolio Buys Q1 2026 → Q2 2026
CIGI Colliers Intl GR-Subord Vot Add +1100.0% 7.03% +6.30
BAX Baxter International Inc. Add +351.4% 4.45% +3.60
INTU Intuit Inc. New 3.26% +3.26
MOH Molina Healthcare Inc. Add +31.3% 6.00% +3.08
BCE Bce Inc. New 2.82% +2.82
ACN Accenture PLC Class A New 2.80% +2.80
WIX Wix.com Ltd. Add +700.0% 3.63% +2.64
TPB Turning Point Brands Inc. New 2.54% +2.54
MAN Manpowergroup Inc. New 2.53% +2.53
GRAL Grail Inc. Add +160.0% 3.33% +2.27
NTR Nutrien Ltd. New 2.12% +2.12
VFF Village Farms International New 2.08% +2.08
ADBE Adobe Inc. New 2.05% +2.05
YUM Yum! Brands Inc. New 2.00% +2.00
CAE Cae Inc. Add +125.7% 3.82% +1.89
CNH CNH Industrial NV Add +460.0% 1.96% +1.59
CVE Cenovus Energy Inc. Add +100.0% 3.10% +1.28
POOL Pool Corp. Add +71.4% 3.22% +1.28
DOCU Docusign Inc. New 1.11% +1.11
CVX Chevron Corp. New 1.04% +1.04
CNQ Canadian Natural Resources New 0.49% +0.49
ELVA Electrovaya Inc. New 0.39% +0.39
VET Vermilion Energy Inc. Add +100.0% 0.59% +0.11
FURY Fury Gold Mines Ltd. Add +15.1% 1.36% −0.10

Options Activity Q1 2026 → Q2 2026
SPY SS SPDR S&P 500 ETF Trust-US put Add +371.4% 330,000 $246.4M
QQQ Invesco QQQ Trust Series 1 put New 30,000 $22.1M
SLV iShares Silver Trust put Sold out 100,000 $6.8Mbefore exit
PLTR Palantir Technologies Inc. Class A put Sold out 10,000 $1.5Mbefore 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 44$80.0MPROF, CIGI, MOH, BAX, CAE
Q1 2026 45$73.0MPROF, TLT, WMT, BKD, MSFT
Q4 2025 44$94.2MTU, PROF, EFXT, ELV, ITRN
Q3 2025 39$60.3MIREN, ITRN, BTI, ELV, NOA
Q2 2025 19$28.9MTLT, PROF, SHY, EFXT, BCE
Q1 2025 6$22.8MTLT, PROF, SHY, UBER, INTC
Q4 2024 11$44.5MSHY, TLT, PROF, TAC, RCI
Q3 2024 10$40.5MSHY, TAC, PROF, CVE, CROX
Q2 2024 21$49.7MSHY, PROF, BTE, XPOF, RCI
Q1 2024 29$64.5MPROF, KDP, EFXT, RCI, BTE