Trans-Canada Capital Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Trans-Canada Capital Inc. reported 7 stock positions worth $1.7 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 88.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 6.7%) and Vanguard S/T Corp. Bond ETF (VCSH, 2.8%). Compared with Q3 2025, it opened 1 new position, sold out of 5, added to 1 and reduced 3. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +21%) and the biggest sale iShares Bitcoin Trust ETF (IBIT, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001896476
- Portfolio Value
- $1.7B (Q4 2025)
- SEC Filing
- 0001896476-26-000001 ↗ filed Feb 9, 2026
Holdings Value
Holdings 7 stocks · $1.7B
| VOO Vanguard S&P 500 ETF | 88.64% | 2,456,382 | $1.5B | Add +20.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.71% | 170,572 | $116.7M | Reduce 0.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.77% | 603,024 | $48.1M | No change |
| IBIT iShares Bitcoin Trust ETF | 1.51% | 528,900 | $26.3M | Reduce -72.0% |
| KBE SS SPDR S&P Bank ETF | 0.24% | 70,000 | $4.2M | No change |
| GDX Vaneck Gold Miners ETF | 0.11% | 22,450 | $1.9M | New |
| EFA iShares MSCI Eafe ETF | 0.02% | 2,863 | $275K | Reduce -1.1% |
Portfolio Sells Q3 2025 → Q4 2025
| IBIT iShares Bitcoin Trust ETF | Reduce -72.0% | 1.51% | −5.96 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −4.69 |
| BN Brookfield Corp. | Sold out | 0.00% | −0.73 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.50 |
| RIVN Rivian Automotive Inc. Class A | Sold out | 0.00% | −0.39 |
| PICK iShares MSCI Global Metals & | Sold out | 0.00% | −0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce 0.0% | 6.71% | −0.21 |
| EFA iShares MSCI Eafe ETF | Reduce -1.1% | 0.02% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $1.8B | VOO, SPY, AMAT, MU, ASML |
| Q1 2026 | 6 | $1.4B | VOO, SPY, KBE, ICLN, GDX |
| Q4 2025 | 7 | $1.7B | VOO, SPY, VCSH, IBIT, KBE |
| Q3 2025 | 11 | $1.6B | VOO, IBIT, SPY, FBTC, VCSH |
| Q2 2025 | 13 | $1.5B | VOO, VCSH, SPY, IBIT, FBTC |
| Q1 2025 | 17 | $1.2B | VOO, VCSH, SPY, FBTC, TIDAL TRUST II |
| Q4 2024 | 16 | $993.7M | VOO, SPY, TIDAL TRUST II, EMB, EWJ |