Waratah Capital Advisors
TORONTO, A6files as Waratah Capital Advisors Ltd.
$1.3bn in 107 US stocks at the end of 30 June 2026. The top 10 are 31.1% of the money. It changed about 44.5% of the portfolio this quarter.
Value
$1.3bn
Stocks
107
Top 10 share
31.1%
Turnover
44.5%
What changed this quarter
New
Bought for the first time this quarter.
- Federal SignalFSS3.6% of the fund
- BroadcomAVGO2.2% of the fund
- Chipotle Mexican GrillCMG2.0% of the fund
- Amazon.comAMZN2.0% of the fund
- AramarkARMK1.6% of the fund
- NvidiaNVDA1.6% of the fund
- C. H. Robinson WorldwideCHRW1.5% of the fund
- Sterling InfrastructureSTRL1.2% of the fund
- MicrosoftMSFT1.2% of the fund
- Imperial OilIMO1.2% of the fund
- Monster BeverageMNST1.2% of the fund
- TFI InternationalTFII1.1% of the fund
- ProPetro HoldingPUMP1.1% of the fund
- PaychexPAYX1.0% of the fund
- ARM HoldingsARM0.8% of the fund
- Louisiana-PacificLPX0.8% of the fund
- Equity Lifestyle PropertiesELS0.6% of the fund
- Waste ConnectionsWCN0.6% of the fund
- Thomson Reuters Corp /canTRI0.5% of the fund
- Carrier GlobalCARR0.5% of the fund
- Vulcan MaterialsVMC0.5% of the fund
- ProgressivePGR0.4% of the fund
- ElasticESTC0.4% of the fund
- Brown & BrownBRO0.4% of the fund
- StarbucksSBUX0.4% of the fund
Added
Bought more of a stock they already held.
- Descartes Systems GroupDSGX7.7% of the fund+22%
- Teledyne TechnologiesTDY3.6% of the fund+111%
- StantecSTN2.3% of the fund+582%
- Sensient TechnologiesSXT2.3% of the fund+60%
- NisourceNI2.3% of the fund+64%
- Cenovus EnergyCVE2.1% of the fund+4%
- AmetekAME2.0% of the fund+42%
- ASML Holding NVASML2.0% of the fund+900%
- Cheniere EnergyLNG1.7% of the fund+30%
- Quanta ServicesPWR1.6% of the fund+61%
- Modine ManufacturingMOD1.5% of the fund+52%
- Texas InstrumentsTXN1.2% of the fund+206%
- Regal RexnordRRX1.1% of the fund+11%
- Floor & Decor HoldingsFND0.9% of the fund+1892%
- Amer SportsAS0.9% of the fund+7%
- Curtiss WrightCW0.8% of the fund+8%
- ATS Corp /ATSATS0.7% of the fund+50%
- PrologisPLD0.6% of the fund+31%
- EvercoreEVR0.6% of the fund+41%
- OvintivOVV0.6% of the fund+49%
- Idexx LaboratoriesIDXX0.5% of the fund+1637%
- FirstServiceFSV0.5% of the fund+38%
- SLB LimitedSLB0.4% of the fund+15%
- Sigma LithiumSGML0.4% of the fund+37%
Cut
Sold some of their stake.
- Alamos GoldAGI3.0% of the fund-7%
- WelltowerWELL1.9% of the fund-28%
- Toronto Dominion BankTD1.9% of the fund-4%
- Martin Marietta MaterialsMLM1.8% of the fund-8%
- Skeena ResourcesSKE1.7% of the fund-27%
- CraneCR1.5% of the fund-44%
- SPX TechnologiesSPXC1.5% of the fund-50%
- nVent ElectricNVT1.3% of the fund-53%
- Suncor EnergySU1.3% of the fund-37%
- Royal Bank of CanadaRY1.3% of the fund-5%
- NexGen EnergyNXE1.1% of the fund-13%
- Brookfield Renewable EnergyBEP1.0% of the fund-20%
- IamgoldIAG1.0% of the fund-56%
- Kinross GoldKGC1.0% of the fund-59%
- CAECAE0.9% of the fund-46%
- Centerra GoldCGAU0.9% of the fund-66%
- Canadian National RailwayCNI0.8% of the fund-66%
- SprottSII0.8% of the fund-28%
- Comfort Systems USAFIX0.8% of the fund-52%
- SharkNinjaSN0.6% of the fund-76%
- Franco NevadaFNV0.6% of the fund-36%
- Western Copper & GoldWRN0.4% of the fund-17%
- EQTEQT0.4% of the fund-23%
- AlbemarleALB0.1% of the fund-69%
- Vail ResortsMTN<0.1% of the fund-92%
Sold out
Sold their entire stake.
- Boyd Group ServicesBGSI-100%
- lululemon athleticaLULU-100%
- BRPDOO-100%
- Applied MaterialsAMAT-100%
- ConocoPhillipsCOP-100%
- EntergyETR-100%
- BrunswickBC-100%
- AppleAAPL-100%
- Gildan ActivewearGIL-100%
- Canadian Pacific Kansas CityCP-100%
- XPOXPO-100%
- General DynamicsGD-100%
- United STS Brent Oil FD LPBNO-100%
- LegenceLGN-100%
- EMCOR GroupEME-100%
- Meta PlatformsMETA-100%
- Permian ResourcesPR-100%
- TeradyneTER-100%
- VicorVICR-100%
- Cantor Equity Partners II IN-100%
- GE VernovaGEV-100%
- Ishares TRITA-100%
- TargetTGT-100%
- General Fusion GroupGFUZ-100%
- Texas Ventures Acquisition IIITVA-100%
Holdings
- Descartes Systems GroupDSGX
- Share
- 7.7%
- Value
- $100m
- Shares
- 1,447,678
+22%
- Alamos GoldAGI
- Share
- 3.0%
- Value
- $39m
- Shares
- 1,274,296
-7%
- StantecSTN
- Share
- 2.3%
- Value
- $30m
- Shares
- 441,245
+582%
- Cenovus EnergyCVE
- Share
- 2.1%
- Value
- $28m
- Shares
- 1,110,707
+4%
- Toronto Dominion BankTD
- Share
- 1.9%
- Value
- $25m
- Shares
- 203,254
-4%
- Skeena ResourcesSKE
- Share
- 1.7%
- Value
- $22m
- Shares
- 820,459
-27%
- Agnico Eagle MinesAEM
- Share
- 1.4%
- Value
- $19m
- Shares
- 120,423
Held
- Suncor EnergySU
- Share
- 1.3%
- Value
- $17m
- Shares
- 315,916
-37%
- Royal Bank of CanadaRY
- Share
- 1.3%
- Value
- $16m
- Shares
- 79,399
-5%
- TFI InternationalTFII
- Share
- 1.1%
- Value
- $15m
- Shares
- 103,433
New
- NexGen EnergyNXE
- Share
- 1.1%
- Value
- $14m
- Shares
- 1,464,523
-13%
- Brookfield Renewable EnergyBEP
- Share
- 1.0%
- Value
- $13m
- Shares
- 388,000
-20%
- IamgoldIAG
- Share
- 1.0%
- Value
- $13m
- Shares
- 849,801
-56%
- Kinross GoldKGC
- Share
- 1.0%
- Value
- $13m
- Shares
- 539,646
-59%
- CAECAE
- Share
- 0.9%
- Value
- $12m
- Shares
- 476,531
-46%
- Centerra GoldCGAU
- Share
- 0.9%
- Value
- $12m
- Shares
- 752,615
-66%
- Canadian National RailwayCNI
- Share
- 0.8%
- Value
- $11m
- Shares
- 90,425
-66%
- ARM HoldingsARM
- Share
- 0.8%
- Value
- $11m
- Shares
- 30,070
New
- SprottSII
- Share
- 0.8%
- Value
- $10m
- Shares
- 92,015
-28%
- ATS Corp /ATSATS
- Share
- 0.7%
- Value
- $10m
- Shares
- 334,923
+50%
- Franco NevadaFNV
- Share
- 0.6%
- Value
- $7m
- Shares
- 35,858
-36%
- Thomson Reuters Corp /canTRI
- Share
- 0.5%
- Value
- $7m
- Shares
- 85,099
New
- FirstServiceFSV
- Share
- 0.5%
- Value
- $6m
- Shares
- 45,179
+38%
- Western Copper & GoldWRN
- Share
- 0.4%
- Value
- $6m
- Shares
- 2,588,763
-17%
- Sigma LithiumSGML
- Share
- 0.4%
- Value
- $5m
- Shares
- 367,775
+37%
- PAN American SilverPAAS
- Share
- 0.3%
- Value
- $4m
- Shares
- 78,962
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Descartes Systems GroupDSGX | 7.7% | $100m | 1,447,678 | +22% |
| Teledyne TechnologiesTDY | 3.6% | $47m | 70,874 | +111% |
| Federal SignalFSS | 3.6% | $46m | 360,200 | New |
| Alamos GoldAGI | 3.0% | $39m | 1,274,296 | -7% |
| StantecSTN | 2.3% | $30m | 441,245 | +582% |
| Sensient TechnologiesSXT | 2.3% | $30m | 241,237 | +60% |
| NisourceNI | 2.3% | $29m | 616,779 | +64% |
| BroadcomAVGO | 2.2% | $29m | 77,197 | New |
| Cenovus EnergyCVE | 2.1% | $28m | 1,110,707 | +4% |
| AmetekAME | 2.0% | $27m | 109,913 | +42% |
| Chipotle Mexican GrillCMG | 2.0% | $27m | 779,976 | New |
| ASML Holding NVASML | 2.0% | $26m | 13,292 | +900% |
| Amazon.comAMZN | 2.0% | $26m | 107,937 | New |
| WelltowerWELL | 1.9% | $25m | 110,586 | -28% |
| Toronto Dominion BankTD | 1.9% | $25m | 203,254 | -4% |
| Martin Marietta MaterialsMLM | 1.8% | $23m | 40,094 | -8% |
| Skeena ResourcesSKE | 1.7% | $22m | 820,459 | -27% |
| Cheniere EnergyLNG | 1.7% | $22m | 90,018 | +30% |
| Quanta ServicesPWR | 1.6% | $21m | 29,599 | +61% |
| AramarkARMK | 1.6% | $21m | 370,785 | New |
| NvidiaNVDA | 1.6% | $21m | 103,208 | New |
| Modine ManufacturingMOD | 1.5% | $20m | 75,084 | +52% |
| CraneCR | 1.5% | $20m | 89,767 | -44% |
| C. H. Robinson WorldwideCHRW | 1.5% | $19m | 102,215 | New |
| SPX TechnologiesSPXC | 1.5% | $19m | 78,488 | -50% |
| Agnico Eagle MinesAEM | 1.4% | $19m | 120,423 | Held |
| nVent ElectricNVT | 1.3% | $17m | 103,121 | -53% |
| Suncor EnergySU | 1.3% | $17m | 315,916 | -37% |
| Royal Bank of CanadaRY | 1.3% | $16m | 79,399 | -5% |
| Sterling InfrastructureSTRL | 1.2% | $16m | 19,370 | New |
| MicrosoftMSFT | 1.2% | $16m | 43,433 | New |
| Imperial OilIMO | 1.2% | $16m | 138,623 | New |
| Monster BeverageMNST | 1.2% | $15m | 157,783 | New |
| Texas InstrumentsTXN | 1.2% | $15m | 50,303 | +206% |
| TFI InternationalTFII | 1.1% | $15m | 103,433 | New |
| Regal RexnordRRX | 1.1% | $15m | 61,469 | +11% |
| ProPetro HoldingPUMP | 1.1% | $14m | 963,358 | New |
| NexGen EnergyNXE | 1.1% | $14m | 1,464,523 | -13% |
| Brookfield Renewable EnergyBEP | 1.0% | $13m | 388,000 | -20% |
| IamgoldIAG | 1.0% | $13m | 849,801 | -56% |
| PaychexPAYX | 1.0% | $13m | 134,023 | New |
| Kinross GoldKGC | 1.0% | $13m | 539,646 | -59% |
| CAECAE | 0.9% | $12m | 476,531 | -46% |
| Centerra GoldCGAU | 0.9% | $12m | 752,615 | -66% |
| Floor & Decor HoldingsFND | 0.9% | $11m | 190,568 | +1892% |
| Amer SportsAS | 0.9% | $11m | 334,093 | +7% |
| Curtiss WrightCW | 0.8% | $11m | 14,316 | +8% |
| Canadian National RailwayCNI | 0.8% | $11m | 90,425 | -66% |
| ARM HoldingsARM | 0.8% | $11m | 30,070 | New |
| SprottSII | 0.8% | $10m | 92,015 | -28% |
| Louisiana-PacificLPX | 0.8% | $10m | 130,743 | New |
| Comfort Systems USAFIX | 0.8% | $10m | 5,136 | -52% |
| ATS Corp /ATSATS | 0.7% | $10m | 334,923 | +50% |
| Equity Lifestyle PropertiesELS | 0.6% | $8m | 130,438 | New |
| PrologisPLD | 0.6% | $8m | 60,944 | +31% |
| EvercoreEVR | 0.6% | $8m | 23,408 | +41% |
| OvintivOVV | 0.6% | $8m | 148,671 | +49% |
| SharkNinjaSN | 0.6% | $8m | 51,247 | -76% |
| Franco NevadaFNV | 0.6% | $7m | 35,858 | -36% |
| Waste ConnectionsWCN | 0.6% | $7m | 44,122 | New |
| Thomson Reuters Corp /canTRI | 0.5% | $7m | 85,099 | New |
| Idexx LaboratoriesIDXX | 0.5% | $7m | 12,474 | +1637% |
| FirstServiceFSV | 0.5% | $6m | 45,179 | +38% |
| Carrier GlobalCARR | 0.5% | $6m | 81,468 | New |
| Vulcan MaterialsVMC | 0.5% | $6m | 20,203 | New |
| Western Copper & GoldWRN | 0.4% | $6m | 2,588,763 | -17% |
| SLB LimitedSLB | 0.4% | $5m | 115,000 | +15% |
| ProgressivePGR | 0.4% | $5m | 24,367 | New |
| EQTEQT | 0.4% | $5m | 100,057 | -23% |
| ElasticESTC | 0.4% | $5m | 92,053 | New |
| Brown & BrownBRO | 0.4% | $5m | 77,951 | New |
| StarbucksSBUX | 0.4% | $5m | 47,853 | New |
| Sirius XM HoldingsSIRI | 0.4% | $5m | 160,836 | New |
| Sigma LithiumSGML | 0.4% | $5m | 367,775 | +37% |
| Coca-ColaKO | 0.3% | $4m | 45,765 | New |
| PAN American SilverPAAS | 0.3% | $4m | 78,962 | New |
| Apollo Global ManagementAPO | 0.2% | $3m | 26,443 | New |
| APAAPA | 0.2% | $3m | 95,000 | New |
| Atlas LithiumATLX | 0.2% | $3m | 749,217 | Held |
| Lionsgate StudiosLION | 0.2% | $3m | 178,624 | Held |
| Home DepotHD | 0.2% | $3m | 7,373 | New |
| Toll BrothersTOL | 0.2% | $3m | 15,668 | New |
| Park AerospacePKE | 0.2% | $2m | 60,416 | New |
| Sun CommunitiesSUI | 0.2% | $2m | 16,279 | New |
| BWX TechnologiesBWXT | 0.1% | $2m | 9,310 | New |
| Karman HoldingsKRMN | 0.1% | $2m | 35,413 | New |
| EchoStarECHO | 0.1% | $1m | 14,751 | New |
| Mercury SystemsMRCY | 0.1% | $1m | 12,222 | New |
| Builders FirstSourceBLDR | 0.1% | $1m | 14,970 | New |
| AlbemarleALB | 0.1% | $1m | 9,732 | -69% |
| RTXRTX | <0.1% | $1m | 6,640 | New |
| S&P GlobalSPGI | <0.1% | $1m | 2,951 | New |
| Verisk AnalyticsVRSK | <0.1% | $1m | 6,664 | New |
| Eagle MaterialsEXP | <0.1% | $1m | 5,064 | New |
| DucommunDCO | <0.1% | $1m | 5,687 | New |
| Huntington Ingalls IndustriesHII | <0.1% | $1m | 3,721 | New |
| IES HoldingsIESC | <0.1% | $864,695 | 1,177 | New |
| Automatic Data ProcessingADP | <0.1% | $739,259 | 3,301 | New |
| Vail ResortsMTN | <0.1% | $608,863 | 4,472 | -92% |
| AmphenolAPH | <0.1% | $449,792 | 2,551 | New |
Showing the largest 100 of 107.
Options (35)
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $514m
- Contracts
- 698,100
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $282m
- Contracts
- 377,700
- Ishares TRHYG
- Type
- Put
- Value
- $241m
- Contracts
- 3,007,700
- Ishares TRLQD
- Type
- Put
- Value
- $164m
- Contracts
- 1,500,000
- Ishares TRTLT
- Type
- Call
- Value
- $57m
- Contracts
- 660,000
- Bank of Montreal /canBMO
- Type
- Call
- Value
- $57m
- Contracts
- 320,000
- State STR Spdr S&P 500 ETF TSPY
- Type
- Call
- Value
- $27m
- Contracts
- 36,600
- Ishares TRTLT
- Type
- Put
- Value
- $26m
- Contracts
- 300,000
- Ishares TRMTUM
- Type
- Put
- Value
- $26m
- Contracts
- 75,000
- ASML Holding NVASML
- Type
- Put
- Value
- $23m
- Contracts
- 11,400
- Ishares TRSOXX
- Type
- Put
- Value
- $22m
- Contracts
- 34,300
- Magna InternationalMGA
- Type
- Call
- Value
- $20m
- Contracts
- 300,000
- nVent ElectricNVT
- Type
- Put
- Value
- $17m
- Contracts
- 102,500
- Amazon.comAMZN
- Type
- Call
- Value
- $17m
- Contracts
- 70,000
- TransaltaTAC
- Type
- Call
- Value
- $17m
- Contracts
- 1,200,000
- Ishares TRITB
- Type
- Call
- Value
- $16m
- Contracts
- 150,000
- ServiceNowNOW
- Type
- Call
- Value
- $13m
- Contracts
- 130,000
- BroadcomAVGO
- Type
- Call
- Value
- $9m
- Contracts
- 25,000
- Kilroy RealtyKRC
- Type
- Call
- Value
- $9m
- Contracts
- 250,000
- NvidiaNVDA
- Type
- Put
- Value
- $9m
- Contracts
- 45,000
- Builders FirstSourceBLDR
- Type
- Call
- Value
- $9m
- Contracts
- 100,000
- Canadian Pacific Kansas CityCP
- Type
- Call
- Value
- $8m
- Contracts
- 90,000
- Texas InstrumentsTXN
- Type
- Put
- Value
- $7m
- Contracts
- 25,000
- Kraneshares TrustKWEB
- Type
- Call
- Value
- $7m
- Contracts
- 300,000
- Canadian National RailwayCNI
- Type
- Call
- Value
- $7m
- Contracts
- 60,000
- FirstServiceFSV
- Type
- Call
- Value
- $7m
- Contracts
- 50,000
- Invesco DB Multi-Sector CommDBB
- Type
- Call
- Value
- $6m
- Contracts
- 250,000
- CorningGLW
- Type
- Put
- Value
- $5m
- Contracts
- 20,000
- Spdr Gold TRGLD
- Type
- Call
- Value
- $5m
- Contracts
- 12,500
- Ishares TRICLN
- Type
- Call
- Value
- $3m
- Contracts
- 165,000
- Apollo Global ManagementAPO
- Type
- Call
- Value
- $3m
- Contracts
- 26,400
- Agnico Eagle MinesAEM
- Type
- Call
- Value
- $3m
- Contracts
- 20,000
- Centerra GoldCGAU
- Type
- Call
- Value
- $2m
- Contracts
- 150,000
- Kinross GoldKGC
- Type
- Call
- Value
- $2m
- Contracts
- 80,000
- NexGen EnergyNXE
- Type
- Call
- Value
- $469,500
- Contracts
- 50,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Invesco QQQ TRQQQ | Put | $514m | 698,100 |
| State STR Spdr S&P 500 ETF TSPY | Put | $282m | 377,700 |
| Ishares TRHYG | Put | $241m | 3,007,700 |
| Ishares TRLQD | Put | $164m | 1,500,000 |
| Ishares TRTLT | Call | $57m | 660,000 |
| Bank of Montreal /canBMO | Call | $57m | 320,000 |
| State STR Spdr S&P 500 ETF TSPY | Call | $27m | 36,600 |
| Ishares TRTLT | Put | $26m | 300,000 |
| Ishares TRMTUM | Put | $26m | 75,000 |
| ASML Holding NVASML | Put | $23m | 11,400 |
| Ishares TRSOXX | Put | $22m | 34,300 |
| Magna InternationalMGA | Call | $20m | 300,000 |
| nVent ElectricNVT | Put | $17m | 102,500 |
| Amazon.comAMZN | Call | $17m | 70,000 |
| TransaltaTAC | Call | $17m | 1,200,000 |
| Ishares TRITB | Call | $16m | 150,000 |
| ServiceNowNOW | Call | $13m | 130,000 |
| BroadcomAVGO | Call | $9m | 25,000 |
| Kilroy RealtyKRC | Call | $9m | 250,000 |
| NvidiaNVDA | Put | $9m | 45,000 |
| Builders FirstSourceBLDR | Call | $9m | 100,000 |
| Canadian Pacific Kansas CityCP | Call | $8m | 90,000 |
| Texas InstrumentsTXN | Put | $7m | 25,000 |
| Kraneshares TrustKWEB | Call | $7m | 300,000 |
| Canadian National RailwayCNI | Call | $7m | 60,000 |
| FirstServiceFSV | Call | $7m | 50,000 |
| Invesco DB Multi-Sector CommDBB | Call | $6m | 250,000 |
| CorningGLW | Put | $5m | 20,000 |
| Spdr Gold TRGLD | Call | $5m | 12,500 |
| Ishares TRICLN | Call | $3m | 165,000 |
| Apollo Global ManagementAPO | Call | $3m | 26,400 |
| Agnico Eagle MinesAEM | Call | $3m | 20,000 |
| Centerra GoldCGAU | Call | $2m | 150,000 |
| Kinross GoldKGC | Call | $2m | 80,000 |
| NexGen EnergyNXE | Call | $469,500 | 50,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 11.3% since 30 June 2025.
Where the money is
Industrials23.8%
Technology19.9%
Materials16.6%
Retail & consumer14.0%
Energy9.0%
Financial services5.7%
Real estate3.9%
Utilities2.8%
Everyday goods1.5%
Media & telecom1.2%
Health care0.5%
Other1.1%
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.