Waratah Capital Advisors Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Waratah Capital Advisors Ltd. reported 121 stock positions worth $1.5 billion. Its top holding was Nvidia (NVDA) at 4.0% of the portfolio, followed by Centerra Gold (CGAU, 3.3%) and Stantec (STN, 3.0%). Compared with Q1 2025, it opened 36 new positions, sold out of 52, added to 34 and reduced 50. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale McCormick & Co.-Non VTG SHRS (MKC, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001539919
- Portfolio Value
- $1.5B (Q2 2025)
- SEC Filing
- 0001539919-25-000003 ↗ filed Aug 11, 2025
Holdings Value
Holdings 121 stocks · $1.5B
| NVDA Nvidia Corp. | 4.03% | 374,017 | $59.1M | New |
| CGAU Centerra Gold Inc. | 3.28% | 6,678,897 | $48.2M | Add +35.5% |
| STN Stantec Inc. | 3.04% | 410,497 | $44.6M | Add +6.5% |
| CNQ Canadian Natural Resources | 2.99% | 1,397,570 | $43.9M | Reduce -14.6% |
| HBM Hudbay Minerals Inc. | 2.55% | 3,522,351 | $37.4M | Reduce -1.6% |
| LNG Cheniere Energy Inc. | 2.47% | 149,073 | $36.3M | Add +206.0% |
| MSFT Microsoft Corp. | 2.41% | 71,157 | $35.4M | Add +1200.2% |
| FND Floor & Decor Holdings Inc. Class A | 2.25% | 435,458 | $33.1M | New |
| AEM Agnico Eagle Mines Ltd. | 2.18% | 268,875 | $32.0M | Reduce -37.5% |
| KGC Kinross Gold Corp. | 2.18% | 2,045,851 | $32.0M | Reduce -35.7% |
| MTN Vail Resorts Inc. | 1.86% | 173,666 | $27.3M | Add +60.1% |
| CMG Chipotle Mexican Grill Inc. | 1.86% | 485,793 | $27.3M | Add +72.6% |
| TRI Thomson Reuters Corp. | 1.83% | 133,793 | $26.9M | Reduce -33.4% |
| META Meta Platforms Inc. Class A | 1.75% | 34,782 | $25.7M | Add +70.3% |
| DHR Danaher Corp. | 1.74% | 129,394 | $25.6M | Add +380.3% |
| NXE Nexgen Energy Ltd. | 1.67% | 3,539,978 | $24.6M | Reduce -5.9% |
| PG The Procter & Gamble Co. | 1.65% | 152,100 | $24.2M | Add +1490.7% |
| MLM Martin Marietta Materials | 1.65% | 44,017 | $24.2M | Add +50.1% |
| FIX Comfort Systems USA Inc. | 1.61% | 44,203 | $23.7M | Add +920.4% |
| CP Canadian Pacific Kansas City | 1.59% | 295,149 | $23.4M | Add +142.4% |
| JCI Johnson Controls Internation | 1.59% | 220,588 | $23.3M | Reduce -19.0% |
| EXE Expand Energy Corp. | 1.45% | 181,496 | $21.2M | Reduce -6.0% |
| WELL Welltower Inc. | 1.42% | 135,788 | $20.9M | New |
| IMO Imperial Oil Ltd. | 1.42% | 262,010 | $20.8M | Reduce -4.7% |
| BR Broadridge Financial Solutio | 1.32% | 79,692 | $19.4M | Add +40.7% |
| ROP Roper Technologies Inc. | 1.31% | 34,019 | $19.3M | Add +72.9% |
| SXT Sensient Technologies Corp. | 1.25% | 186,447 | $18.4M | Add +295.5% |
| PAAS Pan American Silver Corp. | 1.22% | 628,023 | $17.8M | Add +6882.7% |
| EVR Evercore Inc. Class A | 1.20% | 65,470 | $17.7M | Reduce -4.9% |
| FOXA Fox Corp. Class A | 1.19% | 311,143 | $17.4M | Reduce -20.9% |
| T AT&T Inc. | 1.19% | 602,277 | $17.4M | Add +52.1% |
| XPO Xpo Inc. | 1.18% | 137,115 | $17.3M | Reduce -25.7% |
| ELS Equity Lifestyle Properties | 1.16% | 277,027 | $17.1M | Add +166.5% |
| WCN Waste Connections Inc. | 1.14% | 89,983 | $16.8M | Reduce -12.1% |
| CEG Constellation Energy | 1.14% | 51,967 | $16.8M | New |
| CAVA Cava Group Inc. | 1.12% | 195,445 | $16.5M | Add +64.8% |
| SN Sharkninja Inc. | 1.12% | 166,275 | $16.5M | Reduce -41.1% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.10% | 127,955 | $16.2M | New |
| VZLA Vizsla Silver Corp. | 1.04% | 5,200,837 | $15.3M | New |
| IDXX Idexx Laboratories Inc. | 1.01% | 27,709 | $14.9M | Reduce -77.5% |
| TDG Transdigm Group Inc. | 0.97% | 9,381 | $14.3M | Reduce -25.4% |
| OVV Ovintiv Inc. | 0.91% | 350,622 | $13.3M | Add +15.0% |
| RRX Regal Rexnord Corp. | 0.88% | 89,559 | $13.0M | Add +36.0% |
| TRP TC Energy Corp. | 0.87% | 260,571 | $12.7M | Reduce -11.1% |
| VST Vistra Corp. | 0.85% | 64,655 | $12.5M | Reduce -32.9% |
| CNI Canadian Natl Railway Co. | 0.82% | 115,955 | $12.1M | Reduce -25.1% |
| EQT Eqt Corp. | 0.80% | 202,513 | $11.8M | New |
| RY Royal Bank of Canada | 0.80% | 89,199 | $11.7M | Reduce -25.7% |
| SLF Sun Life Financial Inc. | 0.79% | 174,679 | $11.6M | Add +14.0% |
| CNP Centerpoint Energy Inc. | 0.79% | 314,424 | $11.6M | New |
| SHW The Sherwin-Williams Co. | 0.78% | 33,126 | $11.4M | Reduce -19.2% |
| SII Sprott Inc. | 0.74% | 156,853 | $10.8M | Reduce -60.6% |
| JPM JPMorgan Chase & Co. | 0.72% | 36,603 | $10.6M | Reduce -31.1% |
| VNOM Viper Energy Inc. | 0.72% | 277,289 | $10.6M | Reduce -7.6% |
| DOO BRP Inc./Ca- Sub Voting | 0.69% | 207,877 | $10.1M | New |
| BC Brunswick Corp. | 0.67% | 177,768 | $9.8M | New |
| MKC McCormick & Co.-Non VTG SHRS | 0.65% | 126,706 | $9.6M | Reduce -80.3% |
| TD Toronto-Dominion Bank | 0.65% | 130,683 | $9.6M | Add +31.9% |
| MFC Manulife Financial Corp. | 0.62% | 285,252 | $9.1M | Reduce -71.7% |
| SKE Skeena Resources Ltd. | 0.62% | 571,429 | $9.1M | New |
| KKR KKR & Co. Inc. | 0.61% | 67,179 | $8.9M | New |
| ANF Abercrombie & Fitch Co. Class A | 0.58% | 102,043 | $8.5M | New |
| GPK Graphic Packaging Holding Co. | 0.57% | 396,003 | $8.3M | Reduce -67.3% |
| PR Permian Resources Corp. Class A | 0.57% | 612,392 | $8.3M | Add +16.6% |
| DTM DT Midstream Inc. | 0.55% | 74,067 | $8.1M | Add +94.9% |
| FNV Franco-Nevada Corp. | 0.55% | 48,956 | $8.0M | Reduce -68.3% |
| PLD Prologis Inc. | 0.53% | 74,292 | $7.8M | Reduce -51.7% |
| ESLT Elbit Systems Ltd. | 0.50% | 16,475 | $7.4M | Add +533.9% |
| NVR NVR Inc. | 0.50% | 992 | $7.3M | Add +190.9% |
| FSV Firstservice Corp. | 0.50% | 41,740 | $7.3M | Reduce -5.0% |
| TECK Teck Resources Ltd.-CLS B | 0.47% | 172,599 | $7.0M | New |
| TU Telus Corp. | 0.44% | 405,060 | $6.5M | Add +0.6% |
| CARR Carrier Global Corp. | 0.43% | 87,186 | $6.4M | Reduce -84.5% |
| PWR Quanta Services Inc. | 0.40% | 15,639 | $5.9M | Reduce -80.2% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.40% | 82,900 | $5.9M | Add +992.1% |
| IBIT iShares Bitcoin Trust ETF | 0.39% | 94,164 | $5.8M | Add +80.2% |
| ORCL Oracle Corp. | 0.39% | 25,892 | $5.7M | New |
| ULS Ul Solutions Inc. Class A | 0.36% | 71,972 | $5.2M | Reduce -59.5% |
| TAC Transalta Corp. | 0.35% | 477,972 | $5.2M | Reduce -17.3% |
| TDY Teledyne Technologies Inc. | 0.32% | 9,284 | $4.8M | Reduce -87.1% |
| BA The Boeing Co. | 0.32% | 22,181 | $4.6M | Add +113.1% |
| LYV Live Nation Entertainment Inc. | 0.27% | 26,653 | $4.0M | New |
| SPGI S&P Global Inc. | 0.27% | 7,586 | $4.0M | Reduce -79.7% |
| KTOS Kratos Defense & Security | 0.27% | 84,096 | $3.9M | New |
| EME Emcor Group Inc. | 0.27% | 7,273 | $3.9M | New |
| PH Parker Hannifin Corp. | 0.27% | 5,569 | $3.9M | Reduce -88.4% |
| TTEK Tetra Tech Inc. | 0.26% | 107,734 | $3.9M | New |
| ATS Ats Corp. | 0.26% | 118,480 | $3.8M | Add +10.6% |
| AMZN Amazon.com Inc. | 0.25% | 17,056 | $3.7M | New |
| POOL Pool Corp. | 0.25% | 12,821 | $3.7M | New |
| TT Trane Technologies PLC | 0.24% | 7,895 | $3.5M | Reduce -20.3% |
| SANM Sanmina Corp. | 0.22% | 33,570 | $3.3M | New |
| C Citigroup Inc. | 0.22% | 37,924 | $3.2M | New |
| FCX Freeport-McMoran Inc. | 0.21% | 70,283 | $3.0M | New |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 7,266 | $2.9M | Add +153.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.20% | 5,769 | $2.9M | Reduce -30.7% |
| EQX Equinox Gold Corp. | 0.17% | 431,193 | $2.5M | Reduce -78.1% |
| QXO Qxo Inc. | 0.16% | 109,410 | $2.4M | No change |
| GEV GE Vernova Inc. | 0.14% | 3,948 | $2.1M | New |
| IAG Iamgold Corp. | 0.13% | 254,095 | $1.9M | New |
| IEX Idex Corp. | 0.12% | 10,407 | $1.8M | New |
| ATLX Atlas Lithium Inc. | 0.12% | 449,217 | $1.7M | Reduce -21.0% |
| SPOT Spotify Technology SA | 0.11% | 2,127 | $1.6M | New |
| SHAK Shake Shack Inc. Class A | 0.11% | 11,038 | $1.6M | New |
| KRE SS SPDR S&P Regional Bank | 0.10% | 25,483 | $1.5M | New |
| BTG B2GOLD Corp. | 0.10% | 402,487 | $1.5M | New |
| STE Steris PLC | 0.10% | 5,856 | $1.4M | Reduce -13.0% |
| UNP Union Pacific Corp. | 0.09% | 5,482 | $1.3M | Reduce -60.5% |
| EWG iShares MSCI Germany ETF | 0.08% | 29,059 | $1.2M | Reduce -92.2% |
| SGML Sigma Lithium Corp. | 0.07% | 227,330 | $1.0M | Add +93.0% |
| BWXT BWX Technologies Inc. | 0.07% | 6,924 | $997K | New |
| RHP Ryman Hospitality Properties | 0.06% | 9,017 | $890K | Reduce -42.9% |
| LAMR Lamar Advertising Co. Class A | 0.06% | 6,819 | $828K | Reduce -94.2% |
| OBAWU Oxley Bridge Acquisition Ltd. | 0.05% | 78,000 | $781K | New |
| WEC WEC Energy Group Inc. | 0.05% | 7,364 | $767K | Reduce -93.4% |
| DRI Darden Restaurants Inc. | 0.05% | 3,466 | $755K | Reduce -94.4% |
| TEL Te Connectivity PLC | 0.04% | 3,488 | $588K | New |
| HWM Howmet Aerospace Inc. | 0.03% | 2,220 | $413K | Reduce -93.6% |
| EWZ iShares MSCI Brazil ETF | 0.03% | 13,944 | $402K | Reduce -12.5% |
| PSLV Sprott Physical Silver Trust | 0.02% | 27,777 | $340K | New |
| CAEP Cantor Equity Partners III-A | 0.01% | 10,000 | $106K | New |
Options reported separately and not counted above: SPY puts ($562.6M), QQQ puts ($449.9M), GLD puts ($257.9M), COST puts ($165.7M), IWM puts ($145.8M), HYG puts ($143.6M), SLV calls ($142.7M), CTAS puts ($93.2M), CVE calls ($68.0M), TLT puts ($58.5M), SPY calls ($32.9M), GDX puts ($25.2M), and 22 more.
Portfolio Sells Q1 2025 → Q2 2025
| MKC McCormick & Co.-Non VTG SHRS | Reduce -80.3% | 0.65% | −2.96 |
| IDXX Idexx Laboratories Inc. | Reduce -77.5% | 1.01% | −2.52 |
| TDY Teledyne Technologies Inc. | Reduce -87.1% | 0.32% | −2.11 |
| CARR Carrier Global Corp. | Reduce -84.5% | 0.43% | −2.00 |
| PH Parker Hannifin Corp. | Reduce -88.4% | 0.27% | −1.72 |
| ETR Entergy Corp. | Sold out | 0.00% | −1.64 |
| GPK Graphic Packaging Holding Co. | Reduce -67.3% | 0.57% | −1.57 |
| MFC Manulife Financial Corp. | Reduce -71.7% | 0.62% | −1.52 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −1.31 |
| FNV Franco-Nevada Corp. | Reduce -68.3% | 0.55% | −1.11 |
| SPGI S&P Global Inc. | Reduce -79.7% | 0.27% | −1.02 |
| AEM Agnico Eagle Mines Ltd. | Reduce -37.5% | 2.18% | −1.00 |
| AGI Alamos Gold Inc. Class A | Sold out | 0.00% | −0.99 |
| PWR Quanta Services Inc. | Reduce -80.2% | 0.40% | −0.97 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.89 |
| EWG iShares MSCI Germany ETF | Reduce -92.2% | 0.08% | −0.85 |
| LAMR Lamar Advertising Co. Class A | Reduce -94.2% | 0.06% | −0.85 |
| DRI Darden Restaurants Inc. | Reduce -94.4% | 0.05% | −0.83 |
| BURL Burlington Stores Inc. | Sold out | 0.00% | −0.81 |
| WEC WEC Energy Group Inc. | Reduce -93.4% | 0.05% | −0.78 |
| BCE Bce Inc. | Sold out | 0.00% | −0.77 |
| EQX Equinox Gold Corp. | Reduce -78.1% | 0.17% | −0.75 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.73 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.67 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.67 |
| PLD Prologis Inc. | Reduce -51.7% | 0.53% | −0.64 |
| KGC Kinross Gold Corp. | Reduce -35.7% | 2.18% | −0.55 |
| WFG West Fraser Timber Co. Ltd. | Sold out | 0.00% | −0.55 |
| TRI Thomson Reuters Corp. | Reduce -33.4% | 1.83% | −0.53 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.53 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.51 |
| SN Sharkninja Inc. | Reduce -41.1% | 1.12% | −0.48 |
| SII Sprott Inc. | Reduce -60.6% | 0.74% | −0.48 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.47 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.45 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.45 |
| CNQ Canadian Natural Resources | Reduce -14.6% | 2.99% | −0.44 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.36 |
| FOXA Fox Corp. Class A | Reduce -20.9% | 1.19% | −0.33 |
| ULS Ul Solutions Inc. Class A | Reduce -59.5% | 0.36% | −0.33 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.32 |
| HWM Howmet Aerospace Inc. | Reduce -93.6% | 0.03% | −0.28 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.27 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.27 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.23 |
| WCN Waste Connections Inc. | Reduce -12.1% | 1.14% | −0.22 |
| TDG Transdigm Group Inc. | Reduce -25.4% | 0.97% | −0.21 |
| CNI Canadian Natl Railway Co. | Reduce -25.1% | 0.82% | −0.21 |
| VNOM Viper Energy Inc. | Reduce -7.6% | 0.72% | −0.20 |
| SHW The Sherwin-Williams Co. | Reduce -19.2% | 0.78% | −0.20 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | New | 4.03% | +4.03 |
| MSFT Microsoft Corp. | Add +1200.2% | 2.41% | +2.27 |
| FND Floor & Decor Holdings Inc. Class A | New | 2.25% | +2.25 |
| LNG Cheniere Energy Inc. | Add +206.0% | 2.47% | +1.70 |
| PG The Procter & Gamble Co. | Add +1490.7% | 1.65% | +1.54 |
| FIX Comfort Systems USA Inc. | Add +920.4% | 1.61% | +1.52 |
| WELL Welltower Inc. | New | 1.42% | +1.42 |
| DHR Danaher Corp. | Add +380.3% | 1.74% | +1.36 |
| PAAS Pan American Silver Corp. | Add +6882.7% | 1.22% | +1.20 |
| CGAU Centerra Gold Inc. | Add +35.5% | 3.28% | +1.15 |
| CEG Constellation Energy | New | 1.14% | +1.14 |
| SUI Sun Communities Inc. | New | 1.10% | +1.10 |
| VZLA Vizsla Silver Corp. | New | 1.04% | +1.04 |
| SXT Sensient Technologies Corp. | Add +295.5% | 1.25% | +1.01 |
| CP Canadian Pacific Kansas City | Add +142.4% | 1.59% | +1.01 |
| META Meta Platforms Inc. Class A | Add +70.3% | 1.75% | +0.95 |
| CMG Chipotle Mexican Grill Inc. | Add +72.6% | 1.86% | +0.90 |
| STN Stantec Inc. | Add +6.5% | 3.04% | +0.86 |
| EQT Eqt Corp. | New | 0.80% | +0.80 |
| CNP Centerpoint Energy Inc. | New | 0.79% | +0.79 |
| ELS Equity Lifestyle Properties | Add +166.5% | 1.16% | +0.69 |
| MLM Martin Marietta Materials | Add +50.1% | 1.65% | +0.69 |
| DOO BRP Inc./Ca- Sub Voting | New | 0.69% | +0.69 |
| MTN Vail Resorts Inc. | Add +60.1% | 1.86% | +0.68 |
| BC Brunswick Corp. | New | 0.67% | +0.67 |
| SKE Skeena Resources Ltd. | New | 0.62% | +0.62 |
| KKR KKR & Co. Inc. | New | 0.61% | +0.61 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.58% | +0.58 |
| ROP Roper Technologies Inc. | Add +72.9% | 1.31% | +0.52 |
| TECK Teck Resources Ltd.-CLS B | New | 0.47% | +0.47 |
| ESLT Elbit Systems Ltd. | Add +533.9% | 0.50% | +0.44 |
| T AT&T Inc. | Add +52.1% | 1.19% | +0.42 |
| CAVA Cava Group Inc. | Add +64.8% | 1.12% | +0.42 |
| ORCL Oracle Corp. | New | 0.39% | +0.39 |
| BR Broadridge Financial Solutio | Add +40.7% | 1.32% | +0.38 |
| RRX Regal Rexnord Corp. | Add +36.0% | 0.88% | +0.37 |
| CM Can Imperial BK of Commerce | Add +992.1% | 0.40% | +0.37 |
| NVR NVR Inc. | Add +190.9% | 0.50% | +0.33 |
| DTM DT Midstream Inc. | Add +94.9% | 0.55% | +0.30 |
| LYV Live Nation Entertainment Inc. | New | 0.27% | +0.27 |
| KTOS Kratos Defense & Security | New | 0.27% | +0.27 |
| EME Emcor Group Inc. | New | 0.27% | +0.27 |
| TTEK Tetra Tech Inc. | New | 0.26% | +0.26 |
| AMZN Amazon.com Inc. | New | 0.25% | +0.25 |
| POOL Pool Corp. | New | 0.25% | +0.25 |
| TD Toronto-Dominion Bank | Add +31.9% | 0.65% | +0.25 |
| IBIT iShares Bitcoin Trust ETF | Add +80.2% | 0.39% | +0.23 |
| SANM Sanmina Corp. | New | 0.22% | +0.22 |
| C Citigroup Inc. | New | 0.22% | +0.22 |
| FCX Freeport-McMoran Inc. | New | 0.21% | +0.21 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +497.5% | 910,600 | $562.6M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +331.1% | 815,600 | $449.9M |
| GLD SPDR Gold Shares | put | Reduce -45.9% | 846,200 | $257.9M |
| COST Costco Wholesale Corp. | put | New | 167,400 | $165.7M |
| IWM iShares Russell 2000 ETF | put | New | 675,800 | $145.8M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -53.8% | 1,780,000 | $143.6M |
| SLV iShares Silver Trust | call | Reduce -51.1% | 4,350,000 | $142.7M |
| CTAS Cintas Corp. | put | New | 418,200 | $93.2M |
| XLC SS Comm Select Sector SPDR | call | Sold out | 800,000 | $77.2Mbefore exit |
| IWM iShares Russell 2000 ETF | call | Sold out | 351,100 | $70.0Mbefore exit |
| RSP Invesco S&P 500 Equal Weight | put | Sold out | 400,000 | $69.3Mbefore exit |
| CVE Cenovus Energy Inc. | call | New | 5,000,000 | $68.0M |
| TLT iShares 20+ Year Treasury BD | put | Add +449.0% | 663,200 | $58.5M |
| GLD SPDR Gold Shares | call | Sold out | 142,600 | $41.1Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -81.9% | 53,200 | $32.9M |
| DHR Danaher Corp. | call | Sold out | 150,000 | $30.8Mbefore exit |
| KKR KKR & Co. Inc. | call | Sold out | 250,000 | $28.9Mbefore exit |
| GDX Vaneck Gold Miners ETF | put | Reduce -80.6% | 485,000 | $25.2M |
| COP Conocophillips | put | Sold out | 200,000 | $21.0Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | Reduce -93.2% | 230,000 | $20.3M |
| CMG Chipotle Mexican Grill Inc. | call | Sold out | 300,000 | $15.1Mbefore exit |
| NTR Nutrien Ltd. | call | Sold out | 300,000 | $14.9Mbefore exit |
| SBUX Starbucks Corp. | call | Sold out | 150,000 | $14.7Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | call | Sold out | 100,000 | $13.2Mbefore exit |
| XOP SS SPDR S&P Og Exp & Prod | call | New | 100,000 | $12.6M |
| MTUM iShares MSCI USA Momentum Fa | put | New | 50,000 | $12.0M |
| MLM Martin Marietta Materials | call | Sold out | 25,000 | $12.0Mbefore exit |
| MGA Magna International Inc. | call | New | 300,000 | $11.6M |
| JETS US Global Jets ETF | put | New | 500,000 | $11.5M |
| USO United States Oil Fund LP | call | New | 150,000 | $11.0M |
| HBM Hudbay Minerals Inc. | call | Sold out | 1,264,200 | $9.6Mbefore exit |
| BA The Boeing Co. | call | New | 40,000 | $8.4M |
| MFC Manulife Financial Corp. | call | New | 250,000 | $8.0M |
| NEM Newmont Corp. | call | Sold out | 150,000 | $7.2Mbefore exit |
| ARKK ARK Innovation ETF | put | New | 100,000 | $7.0M |
| ASHR Xtrackers Harvest Csi 300 CH | call | New | 205,300 | $5.7M |
| WMT Walmart Inc. | put | New | 54,000 | $5.3M |
| SOXX iShares Semiconductor ETF | put | New | 21,100 | $5.0M |
| STZ Constellation Brands Inc. Class A | call | New | 30,500 | $5.0M |
| BLDR Builders Firstsource Inc. | call | Sold out | 36,300 | $4.5Mbefore exit |
| PCG P G & E Corp. | call | Sold out | 250,000 | $4.3Mbefore exit |
| FXI iShares China Large-Cap ETF | call | Add +11.9% | 111,900 | $4.1M |
| CM Can Imperial BK of Commerce | put | New | 57,900 | $4.1M |
| KGC Kinross Gold Corp. | call | Sold out | 250,000 | $3.2Mbefore exit |
| MU Micron Technology Inc. | call | New | 25,000 | $3.1M |
| C Citigroup Inc. | call | New | 35,000 | $3.0M |
| AAPL Apple Inc. | put | New | 11,900 | $2.4M |
| FCX Freeport-McMoran Inc. | call | Sold out | 50,400 | $1.9Mbefore exit |
| NVDA Nvidia Corp. | put | New | 11,800 | $1.9M |
| FUN Six Flags Entertainment Corp. | call | Sold out | 48,700 | $1.7Mbefore exit |
Showing the first 50 of 58.
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 | 107 | $1.3B | DSGX, TDY, FSS, AGI, STN |
| Q1 2026 | 98 | $1.1B | DSGX, AGI, KGC, CGAU, IAG |
| Q4 2025 | 104 | $1.3B | KGC, CGAU, BGSI, B, IAG |
| Q3 2025 | 138 | $1.5B | CGAU, PAAS, TDY, KGC, FND |
| Q2 2025 | 121 | $1.5B | NVDA, CGAU, STN, CNQ, HBM |
| Q1 2025 | 137 | $1.5B | MKC, IDXX, CNQ, AEM, KGC |
| Q4 2024 | 112 | $1.8B | TAC, AEM, KGC, MLM, GPK |
| Q3 2024 | 97 | $1.7B | GPK, KGC, CNQ, AEM, CP |
| Q2 2024 | 77 | $1.6B | CNQ, BROS, GPK, AEM, SUI |
| Q1 2024 | 128 | $1.9B | SUI, GPK, CEDAR FAIR LP, MSFT, CNQ |