Addenda Capital
MONTREAL, A8files as Addenda Capital Inc.
$3.7bn in 128 US stocks at the end of 30 June 2026. The top 10 are 38.8% of the money. It changed about 12.3% of the portfolio this quarter.
Value
$3.7bn
Stocks
128
Top 10 share
38.8%
Turnover
12.3%
What changed this quarter
New
Bought for the first time this quarter.
- Thomson Reuters Corp /canTRI0.2% of the fund
- DuPont de NemoursDD<0.1% of the fund
- Aya Gold & SilverAYA<0.1% of the fund
- IamgoldIAG<0.1% of the fund
Added
Bought more of a stock they already held.
- ShopifySHOP3.5% of the fund+11%
- EnbridgeENB3.3% of the fund+11%
- CamecoCCJ2.8% of the fund+31%
- Canadian Pacific Kansas CityCP2.8% of the fund+19%
- Canadian National RailwayCNI2.5% of the fund+19%
- Hudbay MineralsHBM1.7% of the fund+203%
- Suncor EnergySU1.6% of the fund+5%
- Kinross GoldKGC1.5% of the fund+21%
- Manulife FinancialMFC1.5% of the fund+25%
- Amazon.comAMZN1.2% of the fund+9%
- CelesticaCLS1.0% of the fund+71%
- Booking HoldingsBKNG0.6% of the fund+6%
- Palo Alto NetworksPANW0.5% of the fund+95%
- Brookfield Asset ManagementBAM0.4% of the fund+4%
- SterisSTE0.4% of the fund+63%
- Gildan ActivewearGIL0.4% of the fund+3%
- CAECAE0.4% of the fund+3%
- Berkshire HathawayBRK-B0.3% of the fund+58%
- NutrienNTR0.3% of the fund+6%
- OR RoyaltiesOR<0.1% of the fund+14%
- BRPDOO<0.1% of the fund+11%
- Equinox GoldEQX<0.1% of the fund+41%
Cut
Sold some of their stake.
- Bank of Montreal /canBMO4.3% of the fund-7%
- Agnico Eagle MinesAEM2.4% of the fund-38%
- TC EnergyTRP2.2% of the fund-7%
- AppleAAPL1.7% of the fund-3%
- AlphabetGOOG1.7% of the fund-6%
- Wheaton Precious MetalsWPM1.6% of the fund-39%
- Canadian Imperial Bank of Commerce /canCM1.3% of the fund-6%
- Waste ConnectionsWCN1.2% of the fund-14%
- Franco NevadaFNV1.2% of the fund-35%
- Alamos GoldAGI0.9% of the fund-61%
- TFI InternationalTFII0.7% of the fund-12%
- Sunbelt Rentals HoldingsSUNB0.3% of the fund-9%
- Taiwan Semiconductor ManufacturingTSM0.3% of the fund-42%
- Cenovus EnergyCVE0.3% of the fund-56%
- CGIGIB0.2% of the fund-6%
- Broadridge Financial SolutionsBR0.2% of the fund-36%
- Ishares TRIWM0.2% of the fund-13%
- NikeNKE<0.1% of the fund-66%
- GracoGGG<0.1% of the fund-38%
- Imperial OilIMO<0.1% of the fund-5%
- Skeena ResourcesSKE<0.1% of the fund-11%
- Barrick MiningB<0.1% of the fund-78%
- Coca-Cola Europacific PartnersCCEP<0.1% of the fund-6%
Sold out
Sold their entire stake.
- Thomson Reuters-100%
- AdobeADBE-100%
- DuPont de NemoursDD-100%
- ZoetisZTS-100%
- Orla MNG LTD NewORLA-100%
Holdings
- Toronto Dominion BankTD
- Share
- 6.1%
- Value
- $223m
- Shares
- 1,294,228
Held
- Royal Bank of CanadaRY
- Share
- 6.0%
- Value
- $221m
- Shares
- 750,840
Held
- Bank of Montreal /canBMO
- Share
- 4.3%
- Value
- $157m
- Shares
- 625,064
-7%
- Bank of Nova ScotiaBNS
- Share
- 3.6%
- Value
- $133m
- Shares
- 1,081,272
Held
- BrookfieldBN
- Share
- 3.6%
- Value
- $132m
- Shares
- 2,179,602
Held
- CamecoCCJ
- Share
- 2.8%
- Value
- $104m
- Shares
- 721,749
+31%
- Canadian Natural ResourcesCNQ
- Share
- 2.8%
- Value
- $104m
- Shares
- 1,823,954
Held
- Canadian National RailwayCNI
- Share
- 2.5%
- Value
- $93m
- Shares
- 548,874
+19%
- Agnico Eagle MinesAEM
- Share
- 2.4%
- Value
- $86m
- Shares
- 392,344
-38%
- TC EnergyTRP
- Share
- 2.2%
- Value
- $80m
- Shares
- 848,757
-7%
- Hudbay MineralsHBM
- Share
- 1.7%
- Value
- $63m
- Shares
- 1,872,488
+203%
- Wheaton Precious MetalsWPM
- Share
- 1.6%
- Value
- $60m
- Shares
- 376,957
-39%
- Suncor EnergySU
- Share
- 1.6%
- Value
- $60m
- Shares
- 784,418
+5%
- Kinross GoldKGC
- Share
- 1.5%
- Value
- $56m
- Shares
- 1,654,910
+21%
- Manulife FinancialMFC
- Share
- 1.5%
- Value
- $55m
- Shares
- 953,431
+25%
- Canadian Imperial Bank of Commerce /canCM
- Share
- 1.3%
- Value
- $49m
- Shares
- 295,989
-6%
- Franco NevadaFNV
- Share
- 1.2%
- Value
- $43m
- Shares
- 143,948
-35%
- Brookfield Infrastructure PABIP
- Share
- 1.1%
- Value
- $40m
- Shares
- 777,392
Held
- Pembina PipelinePBA
- Share
- 1.1%
- Value
- $40m
- Shares
- 606,697
Held
- Alamos GoldAGI
- Share
- 0.9%
- Value
- $33m
- Shares
- 765,971
-61%
- EmeraEMA
- Share
- 0.9%
- Value
- $32m
- Shares
- 421,793
Held
- TFI InternationalTFII
- Share
- 0.7%
- Value
- $24m
- Shares
- 118,534
-12%
- Colliers International GroupCIGI
- Share
- 0.6%
- Value
- $22m
- Shares
- 167,188
Held
- Magna InternationalMGA
- Share
- 0.4%
- Value
- $15m
- Shares
- 163,404
Held
- Gildan ActivewearGIL
- Share
- 0.4%
- Value
- $15m
- Shares
- 198,675
+3%
- BCEBCE
- Share
- 0.4%
- Value
- $14m
- Shares
- 465,393
Held
- Teck ResourcesTECK
- Share
- 0.4%
- Value
- $14m
- Shares
- 167,202
Held
- FortisFTS
- Share
- 0.4%
- Value
- $14m
- Shares
- 169,950
Held
- CAECAE
- Share
- 0.4%
- Value
- $13m
- Shares
- 379,218
+3%
- Sun Life FinancialSLF
- Share
- 0.3%
- Value
- $13m
- Shares
- 112,410
Held
- MethanexMEOH
- Share
- 0.3%
- Value
- $12m
- Shares
- 183,000
Held
- BHP Billiton LimitedBHP
- Share
- 0.3%
- Value
- $11m
- Shares
- 129,200
Held
- NutrienNTR
- Share
- 0.3%
- Value
- $10m
- Shares
- 112,460
+6%
- Cenovus EnergyCVE
- Share
- 0.3%
- Value
- $10m
- Shares
- 279,994
-56%
- Boyd Group ServicesBGSI
- Share
- 0.2%
- Value
- $9m
- Shares
- 67,378
Held
- CGIGIB
- Share
- 0.2%
- Value
- $9m
- Shares
- 95,051
-6%
- Rogers CommunicationsRCI
- Share
- 0.2%
- Value
- $8m
- Shares
- 169,900
Held
- StantecSTN
- Share
- 0.2%
- Value
- $8m
- Shares
- 77,400
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Toronto Dominion BankTD | 6.1% | $223m | 1,294,228 | Held |
| Royal Bank of CanadaRY | 6.0% | $221m | 750,840 | Held |
| Bank of Montreal /canBMO | 4.3% | $157m | 625,064 | -7% |
| Bank of Nova ScotiaBNS | 3.6% | $133m | 1,081,272 | Held |
| BrookfieldBN | 3.6% | $132m | 2,179,602 | Held |
| ShopifySHOP | 3.5% | $130m | 798,719 | +11% |
| EnbridgeENB | 3.3% | $120m | 1,559,468 | +11% |
| CamecoCCJ | 2.8% | $104m | 721,749 | +31% |
| Canadian Natural ResourcesCNQ | 2.8% | $104m | 1,823,954 | Held |
| Canadian Pacific Kansas CityCP | 2.8% | $103m | 832,895 | +19% |
| Canadian National RailwayCNI | 2.5% | $93m | 548,874 | +19% |
| Agnico Eagle MinesAEM | 2.4% | $86m | 392,344 | -38% |
| TC EnergyTRP | 2.2% | $80m | 848,757 | -7% |
| AppleAAPL | 1.7% | $64m | 220,303 | -3% |
| BroadcomAVGO | 1.7% | $63m | 166,431 | Held |
| Hudbay MineralsHBM | 1.7% | $63m | 1,872,488 | +203% |
| AlphabetGOOG | 1.7% | $61m | 173,791 | -6% |
| Wheaton Precious MetalsWPM | 1.6% | $60m | 376,957 | -39% |
| Suncor EnergySU | 1.6% | $60m | 784,418 | +5% |
| Kinross GoldKGC | 1.5% | $56m | 1,654,910 | +21% |
| Manulife FinancialMFC | 1.5% | $55m | 953,431 | +25% |
| NvidiaNVDA | 1.4% | $53m | 263,605 | Held |
| Canadian Imperial Bank of Commerce /canCM | 1.3% | $49m | 295,989 | -6% |
| MicrosoftMSFT | 1.3% | $48m | 129,812 | Held |
| Waste ConnectionsWCN | 1.2% | $44m | 188,040 | -14% |
| Amazon.comAMZN | 1.2% | $43m | 179,982 | +9% |
| Franco NevadaFNV | 1.2% | $43m | 143,948 | -35% |
| Brookfield Infrastructure PABIP | 1.1% | $40m | 777,392 | Held |
| Pembina PipelinePBA | 1.1% | $40m | 606,697 | Held |
| CelesticaCLS | 1.0% | $35m | 68,522 | +71% |
| AmphenolAPH | 0.9% | $34m | 191,875 | Held |
| VisaV | 0.9% | $34m | 97,680 | Held |
| Alamos GoldAGI | 0.9% | $33m | 765,971 | -61% |
| Restaurant Brands InternationalQSR | 0.9% | $32m | 312,203 | Held |
| EmeraEMA | 0.9% | $32m | 421,793 | Held |
| F5FFIV | 0.8% | $30m | 72,404 | Held |
| JPMorgan ChaseJPM | 0.8% | $29m | 87,189 | Held |
| Westinghouse Air Brake TechnologiesWAB | 0.7% | $26m | 97,698 | Held |
| TJX CompaniesTJX | 0.7% | $24m | 160,457 | Held |
| TFI InternationalTFII | 0.7% | $24m | 118,534 | -12% |
| Colliers International GroupCIGI | 0.6% | $22m | 167,188 | Held |
| Booking HoldingsBKNG | 0.6% | $22m | 123,540 | +6% |
| CaterpillarCAT | 0.5% | $20m | 18,800 | Held |
| LindeLIN | 0.5% | $20m | 37,868 | Held |
| Thermo Fisher ScientificTMO | 0.5% | $20m | 39,047 | Held |
| United RentalsURI | 0.5% | $19m | 16,848 | Held |
| Charles SchwabSCHW | 0.5% | $19m | 202,662 | Held |
| Palo Alto NetworksPANW | 0.5% | $18m | 53,708 | +95% |
| Brookfield Asset ManagementBAM | 0.4% | $17m | 259,947 | +4% |
| SterisSTE | 0.4% | $16m | 78,093 | +63% |
| Costco WholesaleCOST | 0.4% | $16m | 17,526 | Held |
| PNC Financial Services GroupPNC | 0.4% | $16m | 64,576 | Held |
| Lowe's CompaniesLOW | 0.4% | $16m | 70,790 | Held |
| S&P GlobalSPGI | 0.4% | $15m | 37,752 | Held |
| Magna InternationalMGA | 0.4% | $15m | 163,404 | Held |
| ResmedRMD | 0.4% | $15m | 77,707 | Held |
| Gildan ActivewearGIL | 0.4% | $15m | 198,675 | +3% |
| BCEBCE | 0.4% | $14m | 465,393 | Held |
| Teck ResourcesTECK | 0.4% | $14m | 167,202 | Held |
| FortisFTS | 0.4% | $14m | 169,950 | Held |
| CAECAE | 0.4% | $13m | 379,218 | +3% |
| Berkshire HathawayBRK-B | 0.3% | $13m | 25,629 | +58% |
| RB GlobalRBA | 0.3% | $13m | 77,000 | Held |
| AlphabetGOOGL | 0.3% | $13m | 35,500 | Held |
| Sun Life FinancialSLF | 0.3% | $13m | 112,410 | Held |
| Cisco SystemsCSCO | 0.3% | $12m | 105,400 | Held |
| MethanexMEOH | 0.3% | $12m | 183,000 | Held |
| Sherwin-WilliamsSHW | 0.3% | $12m | 33,472 | Held |
| MerckMRK | 0.3% | $11m | 87,800 | Held |
| Sunbelt Rentals HoldingsSUNB | 0.3% | $11m | 178,754 | -9% |
| BHP Billiton LimitedBHP | 0.3% | $11m | 129,200 | Held |
| Taiwan Semiconductor ManufacturingTSM | 0.3% | $11m | 22,125 | -42% |
| NutrienNTR | 0.3% | $10m | 112,460 | +6% |
| StrykerSYK | 0.3% | $10m | 31,621 | Held |
| Mondelez InternationalMDLZ | 0.3% | $10m | 170,606 | Held |
| Cenovus EnergyCVE | 0.3% | $10m | 279,994 | -56% |
| WalmartWMT | 0.3% | $10m | 85,100 | Held |
| Union PacificUNP | 0.3% | $10m | 35,157 | Held |
| Johnson & JohnsonJNJ | 0.3% | $9m | 37,400 | Held |
| FedExFDX | 0.3% | $9m | 30,000 | Held |
| TransUnionTRU | 0.3% | $9m | 130,148 | Held |
| DeereDE | 0.2% | $9m | 14,300 | Held |
| Boyd Group ServicesBGSI | 0.2% | $9m | 67,378 | Held |
| IntuitINTU | 0.2% | $9m | 34,039 | Held |
| International Business MachinesIBM | 0.2% | $9m | 31,300 | Held |
| CGIGIB | 0.2% | $9m | 95,051 | -6% |
| Coca-ColaKO | 0.2% | $9m | 106,400 | Held |
| Rio TintoRIO | 0.2% | $9m | 91,600 | Held |
| United Parcel ServiceUPS | 0.2% | $9m | 79,400 | Held |
| Church & DwightCHD | 0.2% | $8m | 87,025 | Held |
| Emerson ElectricEMR | 0.2% | $8m | 58,500 | Held |
| Rogers CommunicationsRCI | 0.2% | $8m | 169,900 | Held |
| StantecSTN | 0.2% | $8m | 77,400 | Held |
| DOWDOW | 0.2% | $7m | 269,800 | Held |
| Ford MotorF | 0.2% | $7m | 525,900 | Held |
| StarbucksSBUX | 0.2% | $7m | 70,700 | Held |
| PfizerPFE | 0.2% | $7m | 290,800 | Held |
| MastercardMA | 0.2% | $7m | 13,400 | Held |
| Qnity ElectronicsQ | 0.2% | $7m | 40,600 | Held |
| Meta PlatformsMETA | 0.2% | $6m | 11,500 | Held |
Showing the largest 100 of 128.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 32.0% since 30 June 2025.
Where the money is
Financial services27.1%
Technology14.9%
Materials14.5%
Industrials10.4%
Energy9.1%
Retail & consumer5.7%
Utilities4.7%
Real estate4.2%
Media & telecom3.3%
Health care2.7%
Everyday goods1.9%
Other1.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.