Canoe Financial LP
CALGARY, A0
$8.1bn in 110 US stocks at the end of 30 June 2026. The top 10 are 33.4% of the money. It changed about 11.6% of the portfolio this quarter.
Value
$8.1bn
Stocks
110
Top 10 share
33.4%
Turnover
11.6%
What changed this quarter
New
Bought for the first time this quarter.
- DanaherDHR1.3% of the fund
- TransaltaTAC<0.1% of the fund
- Ishares TREFA<0.1% of the fund
- Spdr Index SHS FDSFEZ<0.1% of the fund
- SLMSLM<0.1% of the fund
Added
Bought more of a stock they already held.
- SLB LimitedSLB4.4% of the fund+82%
- Otis WorldwideOTIS2.7% of the fund+24%
- EQTEQT2.7% of the fund+34%
- HalliburtonHAL2.4% of the fund+42%
- Canadian Pacific Kansas CityCP2.4% of the fund+10%
- Philip Morris InternationalPM2.3% of the fund+3%
- RB GlobalRBA2.0% of the fund+3%
- CortevaCTVA2.0% of the fund+45%
- Thermo Fisher ScientificTMO1.9% of the fund+93%
- DeereDE1.9% of the fund+34%
- NutrienNTR1.7% of the fund+62%
- Wells Fargo & CompanyWFC1.6% of the fund+14%
- Range ResourcesRRC1.5% of the fund+45%
- Emerson ElectricEMR1.3% of the fund+196%
- Intercontinental ExchangeICE1.2% of the fund+77%
- Wheaton Precious MetalsWPM0.8% of the fund+31%
- Agnico Eagle MinesAEM0.8% of the fund+20%
- Amazon.comAMZN0.8% of the fund+196%
- Weatherford InternationalWFRD0.7% of the fund+29%
- FiservFISV0.6% of the fund+111%
- TransoceanRIG0.5% of the fund+143%
- KLAKLAC0.3% of the fund+62%
- UnitedHealth GroupUNH0.3% of the fund+12%
- Lowe's CompaniesLOW0.2% of the fund+29%
- RalliantRAL0.1% of the fund+3%
Cut
Sold some of their stake.
- Taiwan Semiconductor ManufacturingTSM4.3% of the fund-17%
- AlphabetGOOGL3.2% of the fund-16%
- VisaV2.8% of the fund-3%
- MicrosoftMSFT2.2% of the fund-9%
- Moody'sMCO2.1% of the fund-5%
- Intercontinental Hotels GroupICHGF1.9% of the fund-16%
- MastercardMA1.9% of the fund-3%
- AutozoneAZO1.6% of the fund-8%
- Sherwin-WilliamsSHW1.3% of the fund-8%
- MsciMSCI1.2% of the fund-3%
- TJX CompaniesTJX1.2% of the fund-8%
- Cenovus EnergyCVE1.2% of the fund-6%
- Canadian Natural ResourcesCNQ1.2% of the fund-29%
- Carrier GlobalCARR0.9% of the fund-8%
- Mettler Toledo InternationalMTD0.8% of the fund-3%
- Helmerich & PayneHP0.3% of the fund-11%
- Expand EnergyEXE0.3% of the fund-77%
- S&P GlobalSPGI0.2% of the fund-8%
- Boyd Group ServicesBGSI0.2% of the fund-24%
- AonAON0.2% of the fund-17%
- TidewaterTDW0.2% of the fund-23%
- SAP SESAPGF0.2% of the fund-25%
- LindeLIN0.2% of the fund-8%
- AlconALC0.1% of the fund-24%
- Hilton Worldwide HoldingsHLT0.1% of the fund-14%
Sold out
Sold their entire stake.
- MedtronicMDT-100%
- Brookfield Asset ManagementBAM-100%
- NikeNKE-100%
- Factset Research SystemsFDS-100%
- Granite Real Estate Invt TRGRTUF-100%
- AdobeADBE-100%
- Capital One FinancialCOF-100%
Holdings
- Canadian National RailwayCNI
- Share
- 5.0%
- Value
- $406m
- Shares
- 3,407,690
Held
- Intercontinental Hotels GroupICHGF
- Share
- 1.9%
- Value
- $155m
- Shares
- 902,654
-16%
- Royal Bank of CanadaRY
- Share
- 1.8%
- Value
- $145m
- Shares
- 698,838
Held
- NutrienNTR
- Share
- 1.7%
- Value
- $134m
- Shares
- 2,132,438
+62%
- EnerflexEFXT
- Share
- 1.4%
- Value
- $115m
- Shares
- 4,701,871
Held
- Teck ResourcesTECK
- Share
- 1.2%
- Value
- $101m
- Shares
- 1,693,501
Held
- Cenovus EnergyCVE
- Share
- 1.2%
- Value
- $98m
- Shares
- 3,959,392
-6%
- Canadian Natural ResourcesCNQ
- Share
- 1.2%
- Value
- $96m
- Shares
- 2,437,345
-29%
- Wheaton Precious MetalsWPM
- Share
- 0.8%
- Value
- $67m
- Shares
- 598,860
+31%
- Agnico Eagle MinesAEM
- Share
- 0.8%
- Value
- $66m
- Shares
- 427,922
+20%
- Boyd Group ServicesBGSI
- Share
- 0.2%
- Value
- $18m
- Shares
- 190,754
-24%
- SAP SESAPGF
- Share
- 0.2%
- Value
- $13m
- Shares
- 83,330
-25%
- DiageoDGEAF
- Share
- 0.1%
- Value
- $9m
- Shares
- 452,530
-28%
- Unilever
- Share
- 0.1%
- Value
- $9m
- Shares
- 146,048
-38%
- TransaltaTAC
- Share
- <0.1%
- Value
- $8m
- Shares
- 550,000
New
- Volution GroupVLUTF
- Share
- <0.1%
- Value
- $7m
- Shares
- 907,233
Held
- Vaneck ETF TrustGDXJ
- Share
- <0.1%
- Value
- $6m
- Shares
- 56,520
Held
- State STR Spdr S&P 500 ETF TSPY
- Share
- <0.1%
- Value
- $5m
- Shares
- 14,315
+118%
- CGIGIB
- Share
- <0.1%
- Value
- $4m
- Shares
- 65,000
Held
- FirstServiceFSV
- Share
- <0.1%
- Value
- $3m
- Shares
- 24,132
-3%
- Descartes Systems GroupDSGX
- Share
- <0.1%
- Value
- $3m
- Shares
- 48,632
-25%
- Alamos GoldAGI
- Share
- <0.1%
- Value
- $3m
- Shares
- 110,826
-4%
- Ishares TREFA
- Share
- <0.1%
- Value
- $3m
- Shares
- 26,620
New
- Kinross GoldKGC
- Share
- <0.1%
- Value
- $3m
- Shares
- 116,586
-16%
- OR RoyaltiesOR
- Share
- <0.1%
- Value
- $3m
- Shares
- 79,732
+52%
- StantecSTN
- Share
- <0.1%
- Value
- $2m
- Shares
- 34,796
-45%
- ATS Corp /ATSATS
- Share
- <0.1%
- Value
- $2m
- Shares
- 83,024
-5%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Canadian National RailwayCNI | 5.0% | $406m | 3,407,690 | Held |
| SLB LimitedSLB | 4.4% | $359m | 7,730,966 | +82% |
| Taiwan Semiconductor ManufacturingTSM | 4.3% | $344m | 720,570 | -17% |
| AlphabetGOOGL | 3.2% | $258m | 721,114 | -16% |
| Restaurant Brands InternationalQSR | 3.0% | $243m | 3,354,908 | Held |
| VisaV | 2.8% | $228m | 663,320 | -3% |
| CVS HealthCVS | 2.8% | $227m | 2,193,833 | Held |
| Otis WorldwideOTIS | 2.7% | $218m | 3,044,476 | +24% |
| EQTEQT | 2.7% | $215m | 4,020,858 | +34% |
| HalliburtonHAL | 2.4% | $197m | 5,789,518 | +42% |
| Canadian Pacific Kansas CityCP | 2.4% | $193m | 2,226,842 | +10% |
| Philip Morris InternationalPM | 2.3% | $184m | 1,016,158 | +3% |
| Johnson & JohnsonJNJ | 2.3% | $182m | 716,237 | Held |
| MicrosoftMSFT | 2.2% | $174m | 465,891 | -9% |
| Ross StoresROST | 2.1% | $170m | 800,488 | Held |
| Moody'sMCO | 2.1% | $169m | 373,122 | -5% |
| RB GlobalRBA | 2.0% | $163m | 1,400,855 | +3% |
| CortevaCTVA | 2.0% | $158m | 1,867,231 | +45% |
| Intercontinental Hotels GroupICHGF | 1.9% | $155m | 902,654 | -16% |
| Thermo Fisher ScientificTMO | 1.9% | $155m | 309,994 | +93% |
| DeereDE | 1.9% | $152m | 239,931 | +34% |
| MastercardMA | 1.9% | $152m | 295,001 | -3% |
| Texas InstrumentsTXN | 1.8% | $149m | 498,756 | Held |
| Royal Bank of CanadaRY | 1.8% | $145m | 698,838 | Held |
| Elevance HealthELV | 1.7% | $141m | 363,504 | Held |
| Analog DevicesADI | 1.7% | $140m | 353,188 | Held |
| NutrienNTR | 1.7% | $134m | 2,132,438 | +62% |
| Lockheed MartinLMT | 1.6% | $133m | 261,015 | Held |
| AutozoneAZO | 1.6% | $131m | 41,081 | -8% |
| Wells Fargo & CompanyWFC | 1.6% | $130m | 1,567,786 | +14% |
| Range ResourcesRRC | 1.5% | $123m | 3,313,891 | +45% |
| M&T BankMTB | 1.5% | $119m | 500,469 | Held |
| EnerflexEFXT | 1.4% | $115m | 4,701,871 | Held |
| CME GroupCME | 1.3% | $108m | 490,242 | Held |
| DanaherDHR | 1.3% | $106m | 558,214 | New |
| Emerson ElectricEMR | 1.3% | $104m | 726,462 | +196% |
| Sherwin-WilliamsSHW | 1.3% | $102m | 294,897 | -8% |
| Teck ResourcesTECK | 1.2% | $101m | 1,693,501 | Held |
| Intercontinental ExchangeICE | 1.2% | $101m | 817,651 | +77% |
| MsciMSCI | 1.2% | $101m | 179,551 | -3% |
| TJX CompaniesTJX | 1.2% | $100m | 661,117 | -8% |
| Cenovus EnergyCVE | 1.2% | $98m | 3,959,392 | -6% |
| Canadian Natural ResourcesCNQ | 1.2% | $96m | 2,437,345 | -29% |
| Carrier GlobalCARR | 0.9% | $73m | 998,100 | -8% |
| Wheaton Precious MetalsWPM | 0.8% | $67m | 598,860 | +31% |
| Agnico Eagle MinesAEM | 0.8% | $66m | 427,922 | +20% |
| Mettler Toledo InternationalMTD | 0.8% | $64m | 50,294 | -3% |
| Amazon.comAMZN | 0.8% | $64m | 269,200 | +196% |
| Weatherford InternationalWFRD | 0.7% | $56m | 682,100 | +29% |
| FiservFISV | 0.6% | $49m | 1,003,360 | +111% |
| TransoceanRIG | 0.5% | $42m | 8,682,600 | +143% |
| Northrop GrummanNOC | 0.3% | $27m | 53,939 | Held |
| Helmerich & PayneHP | 0.3% | $27m | 821,162 | -11% |
| Expand EnergyEXE | 0.3% | $25m | 254,892 | -77% |
| KLAKLAC | 0.3% | $22m | 73,000 | +62% |
| UnitedHealth GroupUNH | 0.3% | $21m | 50,838 | +12% |
| S&P GlobalSPGI | 0.2% | $20m | 48,139 | -8% |
| Boyd Group ServicesBGSI | 0.2% | $18m | 190,754 | -24% |
| AonAON | 0.2% | $15m | 45,829 | -17% |
| TidewaterTDW | 0.2% | $14m | 210,456 | -23% |
| SAP SESAPGF | 0.2% | $13m | 83,330 | -25% |
| Lowe's CompaniesLOW | 0.2% | $13m | 57,044 | +29% |
| LindeLIN | 0.2% | $12m | 23,838 | -8% |
| AlconALC | 0.1% | $12m | 177,528 | -24% |
| Hilton Worldwide HoldingsHLT | 0.1% | $11m | 32,247 | -14% |
| DiageoDGEAF | 0.1% | $9m | 452,530 | -28% |
| RalliantRAL | 0.1% | $9m | 122,728 | +3% |
| Unilever | 0.1% | $9m | 146,048 | -38% |
| TransaltaTAC | <0.1% | $8m | 550,000 | New |
| Public Policy Holding CompanyPPHC | <0.1% | $8m | 1,017,732 | Held |
| Volution GroupVLUTF | <0.1% | $7m | 907,233 | Held |
| PepsiCoPEP | <0.1% | $7m | 53,440 | -18% |
| Colgate-PalmoliveCL | <0.1% | $7m | 73,246 | -8% |
| HDFC BankHDB | <0.1% | $6m | 248,680 | -28% |
| GracoGGG | <0.1% | $6m | 77,471 | -82% |
| CopartCPRT | <0.1% | $6m | 197,427 | -18% |
| Vaneck ETF TrustGDXJ | <0.1% | $6m | 56,520 | Held |
| State STR Spdr S&P 500 ETF TSPY | <0.1% | $5m | 14,315 | +118% |
| SalesforceCRM | <0.1% | $5m | 32,500 | Held |
| VerisignVRSN | <0.1% | $5m | 20,019 | +4% |
| CGIGIB | <0.1% | $4m | 65,000 | Held |
| Abbott LaboratoriesABT | <0.1% | $4m | 40,000 | Held |
| FirstServiceFSV | <0.1% | $3m | 24,132 | -3% |
| Descartes Systems GroupDSGX | <0.1% | $3m | 48,632 | -25% |
| Alamos GoldAGI | <0.1% | $3m | 110,826 | -4% |
| EquifaxEFX | <0.1% | $3m | 17,812 | Held |
| Bank of N.T. Butterfield & SonNTB | <0.1% | $3m | 51,860 | -12% |
| Ishares TREFA | <0.1% | $3m | 26,620 | New |
| Roper TechnologiesROP | <0.1% | $3m | 8,891 | -9% |
| Marriott InternationalMAR | <0.1% | $3m | 7,993 | -92% |
| Kinross GoldKGC | <0.1% | $3m | 116,586 | -16% |
| Willis Towers WatsonWTW | <0.1% | $3m | 10,225 | -28% |
| OR RoyaltiesOR | <0.1% | $3m | 79,732 | +52% |
| StantecSTN | <0.1% | $2m | 34,796 | -45% |
| ATS Corp /ATSATS | <0.1% | $2m | 83,024 | -5% |
| American ExpressAXP | <0.1% | $2m | 6,282 | -62% |
| Waste ConnectionsWCN | <0.1% | $2m | 12,000 | Held |
| Cigna GroupCI | <0.1% | $2m | 5,826 | -10% |
| Synchrony FinancialSYF | <0.1% | $2m | 21,094 | Held |
| Sunbelt Rentals HoldingsSUNB | <0.1% | $1m | 17,178 | -98% |
Showing the largest 100 of 110.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 15.0% since 30 June 2025.
Where the money is
Industrials20.3%
Financial services16.8%
Energy15.3%
Health care11.3%
Technology10.5%
Retail & consumer9.3%
Materials8.0%
Media & telecom3.2%
Everyday goods2.4%
Utilities0.1%
Real estate0.0%
Other2.6%
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.