Timelo Investment Management Inc. In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Timelo Investment Management Inc. reported 21 stock positions worth $49.7 million . Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 29.5% of the portfolio, followed by Profound Medical (PROF, 12.2% ) and Baytex Energy (BTE, 7.6% ). Compared with Q1 2024, it opened 7 new positions, sold out of 15, added to 3 and reduced 11. The biggest buy was a new position in iShares 1-3 Year Treasury Bo (SHY) and the biggest sale Keurig Dr Pepper (KDP, shares −88% ).
Location Aurora, A6
CIK 0001851296
Portfolio Value $49.7M (Q2 2024) Holdings 21 stocks · $49.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 SHY iShares 1-3 Year Treasury Bo 180,000 $14.7M New PROF Profound Medical Corp. 725,895 $6.1M Reduce -15.2% BTE Baytex Energy Corp. 1,080,000 $3.8M Add +24.1% XPOF Xponential Fitness Inc. Class A 175,000 $2.7M New RCI Rogers Communications Inc. Class B 62,000 $2.3M Reduce -38.0% NTR Nutrien Ltd. 45,000 $2.3M Reduce -18.2% QSR Restaurant Brands Intern 29,000 $2.0M New GRP.U Granite Real Estate Investme 39,591 $2.0M Add +36.6% VET Vermilion Energy Inc. 156,400 $1.7M Reduce -35.2% EFXT Enerflex Ltd. 311,090 $1.7M Reduce -63.6% CRON Cronos Group Inc. 618,587 $1.4M Add +16.7% JBHT Hunt (jb) Transprt SVCS Inc. 8,311 $1.3M Reduce -7.7% XPO Xpo Inc. 12,000 $1.3M New TRP TC Energy Corp. 30,000 $1.1M Reduce -60.0% CNC Centene Corp. 17,000 $1.1M Reduce -32.0% LAD Lithia Motors Inc. 4,000 $1.0M New CROX Crocs Inc. 6,000 $876K Reduce -60.0% GANX Gain Therapeutics Inc. 605,288 $775K New KDP Keurig Dr Pepper Inc. 23,000 $768K Reduce -87.9% CGTX Cognition Therapeutics Inc. 361,397 $600K Reduce -24.8% TAC Transalta Corp. 20,000 $142K New
Options reported separately and not counted above: SPY puts ($81.6M), WMT puts ($27.8M), AAPL puts ($16.8M).
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ KDP Keurig Dr Pepper Inc. Reduce -87.9% 1.54% −7.48 ALT Altimmune Inc. Sold out 0.00% −4.64 CVE Cenovus Energy Inc. Sold out 0.00% −4.34 EFXT Enerflex Ltd. Reduce -63.6% 3.38% −4.34 TD Toronto-Dominion Bank Sold out 0.00% −4.21 TU Telus Corp. Sold out 0.00% −2.98 ADM Archer-Daniels-Midland Co. Sold out 0.00% −2.92 CTVA Corteva Inc. Sold out 0.00% −2.77 TRP TC Energy Corp. Reduce -60.0% 2.29% −2.39 RCI Rogers Communications Inc. Class B Reduce -38.0% 4.61% −1.74 BBUC Brookfield Business Class A Sold out 0.00% −1.60 CROX Crocs Inc. Reduce -60.0% 1.76% −1.58 ERF Enerplus Corp. Sold out 0.00% −1.52 IPWR Ideal Power Inc. Sold out 0.00% −1.38 MO Altria Group Inc. Sold out 0.00% −1.35 VET Vermilion Energy Inc. Reduce -35.2% 3.46% −1.19 BCE Bce Inc. Sold out 0.00% −1.05 ZETA Zeta Global Holdings Corp. Class A Sold out 0.00% −0.85 ALB Albemarle Corp. Sold out 0.00% −0.82 CNC Centene Corp. Reduce -32.0% 2.27% −0.77 MIDD Middleby Corp. Sold out 0.00% −0.75 MODULAR MED INC Sold out 0.00% −0.36 CGTX Cognition Therapeutics Inc. Reduce -24.8% 1.21% −0.15 JBHT Hunt (jb) Transprt SVCS Inc. Reduce -7.7% 2.67% −0.11 NTR Nutrien Ltd. Reduce -18.2% 4.61% −0.02 PROF Profound Medical Corp. Reduce -15.2% 12.24% +0.93
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ SHY iShares 1-3 Year Treasury Bo New 29.54% +29.54 XPOF Xponential Fitness Inc. Class A New 5.49% +5.49 QSR Restaurant Brands Intern New 4.10% +4.10 BTE Baytex Energy Corp. Add +24.1% 7.56% +2.66 XPO Xpo Inc. New 2.56% +2.56 LAD Lithia Motors Inc. New 2.03% +2.03 GANX Gain Therapeutics Inc. New 1.56% +1.56 GRP.U Granite Real Estate Investme Add +36.6% 3.95% +1.38 CRON Cronos Group Inc. Add +16.7% 2.90% +0.75 TAC Transalta Corp. New 0.28% +0.28
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -44.4% 150,000 $81.6M WMT Walmart Inc. put Add +10.8% 410,000 $27.8M QQQ Invesco QQQ Trust Series 1 put Sold out 60,000 $26.6Mbefore exit AAPL Apple Inc. put Add +300.0% 80,000 $16.8M NVO Novo-Nordisk A/S-Spons ADR put Sold out 40,000 $5.1Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 44 $80.0M PROF, CIGI, MOH, BAX, CAE Q1 2026 45 $73.0M PROF, TLT, WMT, BKD, MSFT Q4 2025 44 $94.2M TU, PROF, EFXT, ELV, ITRN Q3 2025 39 $60.3M IREN, ITRN, BTI, ELV, NOA Q2 2025 19 $28.9M TLT, PROF, SHY, EFXT, BCE Q1 2025 6 $22.8M TLT, PROF, SHY, UBER, INTC Q4 2024 11 $44.5M SHY, TLT, PROF, TAC, RCI Q3 2024 10 $40.5M SHY, TAC, PROF, CVE, CROX Q2 2024 21 $49.7M SHY, PROF, BTE, XPOF, RCI Q1 2024 29 $64.5M PROF, KDP, EFXT, RCI, BTE