Bristol Gate Capital Partners
TORONTO, A6files as Bristol Gate Capital Partners Inc.
$1.4bn in 33 US stocks at the end of 30 June 2026. The top 10 are 48.8% of the money. It changed about 27.4% of the portfolio this quarter.
Value
$1.4bn
Stocks
33
Top 10 share
48.8%
Turnover
27.4%
What changed this quarter
New
Bought for the first time this quarter.
- KLAKLAC5.4% of the fund
- Berkley W RWRB4.5% of the fund
- Howmet AerospaceHWM4.4% of the fund
- EMCOR GroupEME4.4% of the fund
- Costco WholesaleCOST4.2% of the fund
- Cenovus EnergyCVE<0.1% of the fund
- CamecoCCJ<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT4.4% of the fund+16%
- CintasCTAS4.3% of the fund+3%
Cut
Sold some of their stake.
- Applied MaterialsAMAT5.5% of the fund-52%
- Eli LillyLLY5.2% of the fund-18%
- General ElectricGE5.1% of the fund-17%
- Targa ResourcesTRGP4.9% of the fund-32%
- AmphenolAPH4.7% of the fund-17%
- Interactive Brokers GroupIBKR4.6% of the fund-33%
- VisaV4.5% of the fund-17%
- Trane TechnologiesTT4.4% of the fund-32%
- Westinghouse Air Brake TechnologiesWAB4.4% of the fund-34%
- WalmartWMT4.2% of the fund-18%
- Verisk AnalyticsVRSK4.2% of the fund-3%
- MastercardMA4.2% of the fund-17%
- MckessonMCK4.0% of the fund-18%
- BroadcomAVGO3.9% of the fund-35%
- MsciMSCI3.9% of the fund-17%
- State STR Spdr S&P 500 ETF TSPY0.2% of the fund-36%
- Royal Bank of CanadaRY<0.1% of the fund-11%
- Canadian Pacific Kansas CityCP<0.1% of the fund-11%
- Waste ConnectionsWCN<0.1% of the fund-11%
- Canadian Imperial Bank of Commerce /canCM<0.1% of the fund-27%
- Moody'sMCO<0.1% of the fund-100%
- Sherwin-WilliamsSHW<0.1% of the fund-100%
Sold out
Sold their entire stake.
- Thermo Fisher ScientificTMO-100%
- IntuitINTU-100%
- AccentureACN-100%
- Thomson Reuters-100%
- Canadian National RailwayCNI-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $3m
- Shares
- 4,399
-36%
- Royal Bank of CanadaRY
- Share
- <0.1%
- Value
- $703,176
- Shares
- 3,397
-11%
- BrookfieldBN
- Share
- <0.1%
- Value
- $598,639
- Shares
- 14,036
Held
- FirstServiceFSV
- Share
- <0.1%
- Value
- $597,725
- Shares
- 4,205
Held
- Canadian Imperial Bank of Commerce /canCM
- Share
- <0.1%
- Value
- $579,146
- Shares
- 5,031
-27%
- Cenovus EnergyCVE
- Share
- <0.1%
- Value
- $485,678
- Shares
- 19,581
New
- CamecoCCJ
- Share
- <0.1%
- Value
- $483,990
- Shares
- 4,750
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Applied MaterialsAMAT | 5.5% | $79m | 109,202 | -52% |
| KLAKLAC | 5.4% | $78m | 258,228 | New |
| Eli LillyLLY | 5.2% | $75m | 62,345 | -18% |
| General ElectricGE | 5.1% | $73m | 194,423 | -17% |
| Targa ResourcesTRGP | 4.9% | $71m | 263,694 | -32% |
| AmphenolAPH | 4.7% | $68m | 384,825 | -17% |
| Interactive Brokers GroupIBKR | 4.6% | $66m | 756,747 | -33% |
| Berkley W RWRB | 4.5% | $65m | 918,030 | New |
| VisaV | 4.5% | $64m | 187,072 | -17% |
| Trane TechnologiesTT | 4.4% | $64m | 129,674 | -32% |
| Howmet AerospaceHWM | 4.4% | $64m | 236,753 | New |
| Westinghouse Air Brake TechnologiesWAB | 4.4% | $63m | 234,949 | -34% |
| MicrosoftMSFT | 4.4% | $63m | 168,886 | +16% |
| EMCOR GroupEME | 4.4% | $63m | 75,639 | New |
| CintasCTAS | 4.3% | $62m | 362,750 | +3% |
| WalmartWMT | 4.2% | $61m | 536,487 | -18% |
| Costco WholesaleCOST | 4.2% | $61m | 64,911 | New |
| Verisk AnalyticsVRSK | 4.2% | $61m | 338,078 | -3% |
| MastercardMA | 4.2% | $60m | 117,240 | -17% |
| MckessonMCK | 4.0% | $58m | 76,979 | -18% |
| BroadcomAVGO | 3.9% | $56m | 148,085 | -35% |
| MsciMSCI | 3.9% | $56m | 99,434 | -17% |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $3m | 4,399 | -36% |
| Royal Bank of CanadaRY | <0.1% | $703,176 | 3,397 | -11% |
| BrookfieldBN | <0.1% | $598,639 | 14,036 | Held |
| FirstServiceFSV | <0.1% | $597,725 | 4,205 | Held |
| Canadian Pacific Kansas CityCP | <0.1% | $594,975 | 6,865 | -11% |
| Waste ConnectionsWCN | <0.1% | $591,996 | 3,553 | -11% |
| Canadian Imperial Bank of Commerce /canCM | <0.1% | $579,146 | 5,031 | -27% |
| Cenovus EnergyCVE | <0.1% | $485,678 | 19,581 | New |
| CamecoCCJ | <0.1% | $483,990 | 4,750 | New |
| Moody'sMCO | <0.1% | $263,599 | 582 | -100% |
| Sherwin-WilliamsSHW | <0.1% | $260,994 | 758 | -100% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 18.3% since 30 June 2025.
Where the money is
Industrials31.3%
Technology23.9%
Financial services21.7%
Health care9.3%
Everyday goods8.5%
Energy5.0%
Real estate0.1%
Materials0.1%
Utilities0.0%
Other0.2%
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.