Timelo Investment Management Inc. In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Timelo Investment Management Inc. reported 11 stock positions worth $44.5 million . Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 25.6% of the portfolio, followed by iShares 20+ Year Treasury BD (TLT, 20.6% ) and Profound Medical (PROF, 15.4% ). Compared with Q3 2024, it opened 4 new positions, sold out of 3, added to 2 and reduced 5. The biggest buy was a new position in iShares 20+ Year Treasury BD (TLT) and the biggest sale an exit from Cenovus Energy (CVE).
Location Aurora, A6
CIK 0001851296
Portfolio Value $44.5M (Q4 2024) Holdings 11 stocks · $44.5M 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 Q3 2024 SHY iShares 1-3 Year Treasury Bo 138,800 $11.4M Add +2.8% TLT iShares 20+ Year Treasury BD 105,000 $9.2M New PROF Profound Medical Corp. 911,761 $6.8M Add +21.3% TAC Transalta Corp. 333,900 $4.7M Reduce -52.9% RCI Rogers Communications Inc. Class B 110,000 $3.4M New NTR Nutrien Ltd. 63,000 $2.8M Reduce -19.2% PEP Pepsico Inc. 15,000 $2.3M New UBER Uber Technologies Inc. 25,000 $1.5M New CRON Cronos Group Inc. 641,803 $1.3M Reduce -15.0% CROX Crocs Inc. 6,000 $657K Reduce -76.9% ATS Ats Corp. 8,000 $426K Reduce -46.7%
Options reported separately and not counted above: SPY puts ($58.6M), AAPL puts ($22.5M), WMT puts ($8.1M), BAC puts ($4.8M), PLTR puts ($3.8M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ CVE Cenovus Energy Inc. Sold out 0.00% −11.76 CROX Crocs Inc. Reduce -76.9% 1.48% −7.81 TAC Transalta Corp. Reduce -52.9% 10.62% −7.50 NTR Nutrien Ltd. Reduce -19.2% 6.34% −2.91 TRP TC Energy Corp. Sold out 0.00% −2.14 VET Vermilion Energy Inc. Sold out 0.00% −1.84 CRON Cronos Group Inc. Reduce -15.0% 2.91% −1.16 ATS Ats Corp. Reduce -46.7% 0.96% −0.12
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ TLT iShares 20+ Year Treasury BD New 20.61% +20.61 RCI Rogers Communications Inc. Class B New 7.60% +7.60 PEP Pepsico Inc. New 5.13% +5.13 UBER Uber Technologies Inc. New 3.39% +3.39 PROF Profound Medical Corp. Add +21.3% 15.39% +0.63 SHY iShares 1-3 Year Treasury Bo Add +2.8% 25.58% −2.11
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -47.4% 100,000 $58.6M AAPL Apple Inc. put Add +350.0% 90,000 $22.5M WMT Walmart Inc. put Add +28.6% 90,000 $8.1M BAC Bank of America Corp. put New 110,000 $4.8M PLTR Palantir Technologies Inc. Class A put New 50,000 $3.8M
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