Timelo Investment Management Inc. In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Timelo Investment Management Inc. reported 10 stock positions worth $40.5 million . Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 27.7% of the portfolio, followed by Transalta (TAC, 18.1% ) and Profound Medical (PROF, 14.8% ). Compared with Q2 2024, it opened 2 new positions, sold out of 13, added to 5 and reduced 3. The biggest buy was Transalta (TAC, shares +3445% ) and the biggest sale an exit from Baytex Energy (BTE).
Location Aurora, A6
CIK 0001851296
Portfolio Value $40.5M (Q3 2024) Holdings 10 stocks · $40.5M 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 Q2 2024 SHY iShares 1-3 Year Treasury Bo 135,000 $11.2M Reduce -25.0% TAC Transalta Corp. 708,900 $7.3M Add +3444.5% PROF Profound Medical Corp. 751,807 $6.0M Add +3.6% CVE Cenovus Energy Inc. 285,000 $4.8M New CROX Crocs Inc. 26,000 $3.8M Add +333.3% NTR Nutrien Ltd. 78,000 $3.7M Add +73.3% CRON Cronos Group Inc. 754,803 $1.7M Add +22.0% TRP TC Energy Corp. 20,000 $866K Reduce -33.3% VET Vermilion Energy Inc. 76,400 $746K Reduce -51.1% ATS Ats Corp. 15,000 $436K New
Options reported separately and not counted above: SPY puts ($109.0M), WMT puts ($5.7M), AAPL puts ($4.7M).
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ BTE Baytex Energy Corp. Sold out 0.00% −7.56 XPOF Xponential Fitness Inc. Class A Sold out 0.00% −5.49 RCI Rogers Communications Inc. Class B Sold out 0.00% −4.61 QSR Restaurant Brands Intern Sold out 0.00% −4.10 GRP.U Granite Real Estate Investme Sold out 0.00% −3.95 EFXT Enerflex Ltd. Sold out 0.00% −3.38 JBHT Hunt (jb) Transprt SVCS Inc. Sold out 0.00% −2.67 XPO Xpo Inc. Sold out 0.00% −2.56 CNC Centene Corp. Sold out 0.00% −2.27 LAD Lithia Motors Inc. Sold out 0.00% −2.03 SHY iShares 1-3 Year Treasury Bo Reduce -25.0% 27.69% −1.85 VET Vermilion Energy Inc. Reduce -51.1% 1.84% −1.62 GANX Gain Therapeutics Inc. Sold out 0.00% −1.56 KDP Keurig Dr Pepper Inc. Sold out 0.00% −1.54 CGTX Cognition Therapeutics Inc. Sold out 0.00% −1.21 TRP TC Energy Corp. Reduce -33.3% 2.14% −0.15
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ TAC Transalta Corp. Add +3444.5% 18.12% +17.83 CVE Cenovus Energy Inc. New 11.76% +11.76 CROX Crocs Inc. Add +333.3% 9.29% +7.53 NTR Nutrien Ltd. Add +73.3% 9.25% +4.64 PROF Profound Medical Corp. Add +3.6% 14.76% +2.52 CRON Cronos Group Inc. Add +22.0% 4.08% +1.18 ATS Ats Corp. New 1.07% +1.07
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +26.7% 190,000 $109.0M WMT Walmart Inc. put Reduce -82.9% 70,000 $5.7M AAPL Apple Inc. put Reduce -75.0% 20,000 $4.7M
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