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Holdings, Q3 2026

Largest first. Common shares only; puts and calls are under All positions.

Latest 13F holdings
#The fund's own figures at the end of the quarter. A report can be up to 45 days old when it is filed. Options and bonds are not counted here.Filing
1SUNC
SunocoCorp LLC · Com Shs Llc
1.03M$75.2M5.5%-2.3%13F ↗
2CNI
Canadian National Railway Company
588,645$70.2M5.2%-0.5%13F ↗
3GIB
CGI Inc.
903,907$61.6M4.5%-0.5%13F ↗
4CP
Canadian Pacific Kansas City Limited
679,940$58.0M4.3%-0.5%13F ↗
5RY
Royal Bank of Canada
283,499$55.9M4.1%-13.2%13F ↗
6STN
Stantec Inc
759,645$51.3M3.8%+48.5%13F ↗
7FNV
Franco-Nevada Corporation
210,447$50.2M3.7%-0.5%13F ↗
8MGA
Magna International, Inc.
739,472$47.2M3.5%+33.3%13F ↗
9TD
Toronto Dominion Bank
392,465$46.3M3.4%-0.5%13F ↗
10GFL
GFL Environmental Inc. · Sub Vtg Shs
1.07M$44.9M3.3%New13F ↗
11FTS
Fortis Inc.
817,848$43.3M3.2%-0.5%13F ↗
12DOO
BRP Inc.
684,109$38.5M2.8%+22.5%13F ↗
13SLF
Sun Life Financial Inc.
484,718$37.9M2.8%-0.5%13F ↗
14EMA
Emera Incorporated
743,263$35.6M2.6%-0.5%13F ↗
15RCI
Rogers Communication, Inc.
1.08M$33.2M2.4%+31.4%13F ↗
16WFG
West Fraser Timber Co. Ltd
475,092$33.0M2.4%+33.5%13F ↗
17ENB
Enbridge Inc
692,419$32.3M2.4%-0.5%13F ↗
18RBA
RB Global, Inc.
390,069$31.8M2.3%+33.4%13F ↗
19BN
Brookfield Corporation
861,190$31.5M2.3%+32.6%13F ↗
20TFII
TFI International Inc.
251,232$30.2M2.2%-20.5%13F ↗
21CNQ
Canadian Natural Resources Limited
531,765$25.1M1.8%-0.5%13F ↗
22EOG
EOG Resources, Inc.
160,585$22.1M1.6%-1.5%13F ↗
23GIL
Gildan Activewear, Inc.
498,981$21.3M1.6%New13F ↗
24MSFT
Microsoft Corporation
37,910$19.4M1.4%-1.4%13F ↗
25DG
Dollar General Corporation
157,620$18.8M1.4%-1.4%13F ↗
26CNC
Centene Corporation
303,172$18.8M1.4%-1.5%13F ↗
27PEP
PepsiCo, Inc.
137,685$17.4M1.3%-1.5%13F ↗
28NFLX
Netflix, Inc.
227,400$15.8M1.2%-1.2%13F ↗
29AMZN
Amazon.com, Inc.
60,980$15.2M1.1%-1.5%13F ↗
30CVX
Chevron Corporation
69,407$14.2M1.0%-1.5%13F ↗
31NVO
Novo Nordisk A/S · ADR
363,958$13.8M1.0%-1.5%13F ↗
32SOLV
Solventum Corporation
154,502$13.6M1.0%-29.4%13F ↗
33THO
Thor Industries, Inc. · Common Stocks
195,366$13.5M1.0%-1.3%13F ↗
34BABA
Alibaba Group Holding Limited · ADR
123,617$13.3M1.0%+66.3%13F ↗
35LII
Lennox International, Inc. · Common Stocks
36,424$12.9M0.9%+84.7%13F ↗
36EL
Estee Lauder Companies, Inc.
134,480$12.5M0.9%-1.5%13F ↗
37UL
Unilever PLC · ADR
203,243$12.3M0.9%-1.5%13F ↗
38GOOGL
Alphabet Inc. Class A
31,920$11.0M0.8%-1.5%13F ↗
39XOM
ExxonMobil Holdings Corporation
62,201$10.1M0.7%-1.5%13F ↗
40UNP
Union Pacific Corporation
36,166$9.8M0.7%-42.4%13F ↗
41ODFL
Old Dominion Freight Line, Inc.
55,360$9.6M0.7%-1.3%13F ↗
42DRI
Darden Restaurants, Inc.
48,722$9.4M0.7%-1.5%13F ↗
43UNH
UnitedHealth Group Incorporated
24,494$9.0M0.7%-1.5%13F ↗
44SYK
Stryker Corporation
32,320$8.9M0.7%New13F ↗
45HAL
Halliburton Company
258,060$8.2M0.6%-1.5%13F ↗
46NRC
NRC Health
372,503$7.9M0.6%Unchanged13F ↗
47SBUX
Starbucks Corporation
74,790$7.0M0.5%-28.1%13F ↗
48HIMS
Hims & Hers Health, Inc.
224,130$6.7M0.5%Unchanged13F ↗
49OZK
Bank OZK
140,010$6.4M0.5%-1.4%13F ↗
50AZO
AutoZone, Inc.
2,072$5.9M0.4%-1.4%13F ↗

Changes since Q2 2026

4 new, 12 added to, 50 trimmed, 1 exited, 5 unchanged. By estimated dollars.

New positions (4)

New positions
GFL
GFL Environmental Inc. · Sub Vtg Shs
1.07MNew$44.9M
GIL
Gildan Activewear, Inc.
498,981New$21.3M
SYK
Stryker Corporation
32,320New$8.9M
NGVC
Natural Grocers by Vitamin Cottage, Inc.
50,280New$1.5M

Added to (12)

Added to
STN
Stantec Inc
759,645+48.5%$16.8M
MGA
Magna International, Inc.
739,472+33.3%$11.8M
WFG
West Fraser Timber Co. Ltd
475,092+33.5%$8.3M
RBA
RB Global, Inc.
390,069+33.4%$8.0M
RCI
Rogers Communication, Inc.
1.08M+31.4%$7.9M
BN
Brookfield Corporation
861,190+32.6%$7.7M
DOO
BRP Inc.
684,109+22.5%$7.1M
LII
Lennox International, Inc. · Common Stocks
36,424+84.7%$5.9M
BABA
Alibaba Group Holding Limited · ADR
123,617+66.3%$5.3M
DIS
Walt Disney Company
40,660+54.4%$1.5M

Trimmed (50)

Trimmed
RY
Royal Bank of Canada
283,499-13.2%-$8.5M
TFII
TFI International Inc.
251,232-20.5%-$7.8M
UNP
Union Pacific Corporation
36,166-42.4%-$7.2M
SOLV
Solventum Corporation
154,502-29.4%-$5.7M
SBUX
Starbucks Corporation
74,790-28.1%-$2.8M
HCC
Warrior Met Coal, Inc. · Common Stocks
56,785-32.5%-$2.4M
SUNC
SunocoCorp LLC · Com Shs Llc
1.03M-2.3%-$1.8M
AMAT
Applied Materials, Inc.
2,320-48.3%-$1.1M
JNJ
Johnson & Johnson
21,920-15.3%-$1.0M
CMI
Cummins Inc. · Equities
5,485-26.1%-$999.4K

Exited (1)

Exited
PositionSharesChangeEst. dollars
IMO
Imperial Oil Limited
156,597Exited-$17.6M

The 10 largest of each, by estimated dollars: shares changed times the later report's price. Index tracking, splits and mergers move positions too.

All positions

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Compare two quarters

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Reported value by quarter

Value and number of positions at the end of each quarter.

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Largest positions in earlier quarters

Pick a quarter to see what the fund's biggest positions were then.

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Ten largest positions

By value, Q3 2026.

$0$20.0M$40.0M$60.0M$80.0MSUNC · Value: $75,199,000SUNCCNI · Value: $70,235,000CNIGIB · Value: $61,598,000GIBCP · Value: $58,045,000CPRY · Value: $55,899,000RYSTN · Value: $51,333,000STNFNV · Value: $50,220,000FNVMGA · Value: $47,220,000MGATD · Value: $46,255,000TDGFL · Value: $44,887,000GFL

Filings

13F filings
Filing
Q3 2026Oct 20, 202613F-HR71$1.4B *CurrentSEC ↗
Q2 2026Jul 21, 202613F-HR68$1.3B *CurrentSEC ↗
Q1 2026Apr 23, 202613F-HR65$1.2B *CurrentSEC ↗
Q4 2025Jan 20, 202613F-HR64$1.2B *CurrentSEC ↗
Q3 2025Oct 30, 202513F-HR63$1.2B *CurrentSEC ↗
Q2 2025Jul 31, 202513F-HR63$1.0B *CurrentSEC ↗
Q1 2025Apr 9, 202513F-HR65$990.4M *CurrentSEC ↗

Most recent first, up to 80. An amendment can replace a report or add holdings to it. A * marks a report whose values we put in dollars; the adjusted figures are shown. All 13F filings

Information, not investment advice. Values are the fund's own figures at quarter end; a report can be up to 45 days old when filed. Disclaimer