EHP Funds
TORONTO, Z4files as EHP Funds Inc.
$44m in 25 US stocks at the end of 31 December 2025. The top 10 are 70.8% of the money. It changed about 65.8% of the portfolio this quarter.
Value
$44m
Stocks
25
Top 10 share
70.8%
Turnover
65.8%
What changed this quarter
New
Bought for the first time this quarter.
- Select Sector Spdr TRXLB9.2% of the fund
- Select Sector Spdr TRXLY9.1% of the fund
- Select Sector Spdr TRXLI9.0% of the fund
- Honeywell InternationalHON2.5% of the fund
- LyftLYFT1.8% of the fund
- Jazz PharmaceuticalsJAZZ1.3% of the fund
- AmgenAMGN1.3% of the fund
- Expedia GroupEXPE1.0% of the fund
- Hyperliquid StrategiesPURR0.7% of the fund
Added
Bought more of a stock they already held.
- Select Sector Spdr TRXLF10.9% of the fund+430%
- NvidiaNVDA5.2% of the fund+34%
- Amazon.comAMZN5.1% of the fund+23%
- First SolarFSLR4.3% of the fund+657%
- AlphabetGOOGL3.8% of the fund+34%
- NetflixNFLX2.5% of the fund+4%
- Constellation EnergyCEG0.8% of the fund+11%
Cut
Sold some of their stake.
- Ishares TRHYG8.3% of the fund-10%
- Vaneck ETF TrustSMH5.6% of the fund-78%
- Invesco Exch Traded FD TR IISPHB4.2% of the fund-17%
- Spdr Series TrustXME3.7% of the fund-23%
- Invesco QQQ TRQQQ3.2% of the fund-84%
- MicrosoftMSFT2.4% of the fund-49%
- IsharesEWY1.9% of the fund-47%
- Select Sector Spdr TRXLE1.4% of the fund-7%
- TeradyneTER0.9% of the fund-34%
Sold out
Sold their entire stake.
- United STS Commodity Index FCPER-100%
- AppleAAPL-100%
- Berkshire HathawayBRK-B-100%
- Costco WholesaleCOST-100%
- Delta Air LinesDAL-100%
- Bank of AmericaBAC-100%
- Airsculpt TechnologiesAIRS-100%
- Goldman Sachs GroupGS-100%
- ExagenXGN-100%
- OracleORCL-100%
- TIC SolutionsTIC-100%
- Starling OncologySTLN-100%
- Palo Alto NetworksPANW-100%
- Uber TechnologiesUBER-100%
- Eli LillyLLY-100%
- Morgan StanleyMS-100%
- Gilead SciencesGILD-100%
- Spotify TechnologySPOT-100%
- Proshares TR IIVIXY-100%
- NeuroneticsSTIM-100%
- VisaV-100%
- Alpha TeknovaTKNO-100%
- T-Mobile USTMUS-100%
- CencoraCOR-100%
- UnitedHealth GroupUNH-100%
Holdings
- Select Sector Spdr TRXLF
- Share
- 10.9%
- Value
- $5m
- Shares
- 86,900
+430%
- Select Sector Spdr TRXLB
- Share
- 9.2%
- Value
- $4m
- Shares
- 88,400
New
- Select Sector Spdr TRXLY
- Share
- 9.1%
- Value
- $4m
- Shares
- 33,200
New
- Select Sector Spdr TRXLI
- Share
- 9.0%
- Value
- $4m
- Shares
- 25,300
New
- Ishares TRHYG
- Share
- 8.3%
- Value
- $4m
- Shares
- 45,000
-10%
- Vaneck ETF TrustSMH
- Share
- 5.6%
- Value
- $2m
- Shares
- 6,800
-78%
- Invesco Exch Traded FD TR IISPHB
- Share
- 4.2%
- Value
- $2m
- Shares
- 15,500
-17%
- Spdr Series TrustXME
- Share
- 3.7%
- Value
- $2m
- Shares
- 15,400
-23%
- Invesco QQQ TRQQQ
- Share
- 3.2%
- Value
- $1m
- Shares
- 2,300
-84%
- IsharesEWY
- Share
- 1.9%
- Value
- $821,509
- Shares
- 8,450
-47%
- Select Sector Spdr TRXLE
- Share
- 1.4%
- Value
- $616,998
- Shares
- 13,800
-7%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Select Sector Spdr TRXLF | 10.9% | $5m | 86,900 | +430% |
| Select Sector Spdr TRXLB | 9.2% | $4m | 88,400 | New |
| Select Sector Spdr TRXLY | 9.1% | $4m | 33,200 | New |
| Select Sector Spdr TRXLI | 9.0% | $4m | 25,300 | New |
| Ishares TRHYG | 8.3% | $4m | 45,000 | -10% |
| Vaneck ETF TrustSMH | 5.6% | $2m | 6,800 | -78% |
| NvidiaNVDA | 5.2% | $2m | 12,272 | +34% |
| Amazon.comAMZN | 5.1% | $2m | 9,585 | +23% |
| First SolarFSLR | 4.3% | $2m | 7,164 | +657% |
| Invesco Exch Traded FD TR IISPHB | 4.2% | $2m | 15,500 | -17% |
| AlphabetGOOGL | 3.8% | $2m | 5,300 | +34% |
| Spdr Series TrustXME | 3.7% | $2m | 15,400 | -23% |
| Invesco QQQ TRQQQ | 3.2% | $1m | 2,300 | -84% |
| Honeywell InternationalHON | 2.5% | $1m | 5,589 | New |
| NetflixNFLX | 2.5% | $1m | 11,578 | +4% |
| MicrosoftMSFT | 2.4% | $1m | 2,173 | -49% |
| IsharesEWY | 1.9% | $821,509 | 8,450 | -47% |
| LyftLYFT | 1.8% | $798,877 | 41,243 | New |
| Select Sector Spdr TRXLE | 1.4% | $616,998 | 13,800 | -7% |
| Jazz PharmaceuticalsJAZZ | 1.3% | $569,500 | 3,350 | New |
| AmgenAMGN | 1.3% | $557,409 | 1,703 | New |
| Expedia GroupEXPE | 1.0% | $424,965 | 1,500 | New |
| TeradyneTER | 0.9% | $387,120 | 2,000 | -34% |
| Constellation EnergyCEG | 0.8% | $353,270 | 1,000 | +11% |
| Hyperliquid StrategiesPURR | 0.7% | $302,329 | 84,924 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Value is down 49.9% since 30 June 2025.
Where the money is
Technology14.7%
Media & telecom6.3%
Retail & consumer6.0%
Health care2.6%
Industrials2.5%
Utilities0.8%
Financial services0.7%
Other66.4%
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.