Canoe Financial LP Q2 2025 Filing

Filed July 10, 2025

Portfolio Value

$7.0T

Holdings

105

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (105 positions)

#StockSharesValue% PortfolioType
1
TSMTAIWAN SEMICONDUCTOR MANUFACTU
1,511,573$342.4B4.88%
2
MSFTMICROSOFT CORP
580,906$288.9B4.12%
3
CNRCANADIAN NATIONAL RAILWAY CO
2,612,255$272.3B3.88%
4
WFCWELLS FARGO & CO
3,394,260$271.9B3.87%
5
GOOGLALPHABET INC
1,328,814$234.2B3.34%
6
AXPAMERICAN EXPRESS CO
672,281$214.4B3.05%
7
MCOMOODY'S CORP
425,642$213.5B3.04%
8
AZOAUTOZONE INC
55,911$207.6B2.96%
9
ADIANALOG DEVICES INC
815,582$194.1B2.77%
10
CRCCANADIAN NATURAL RESOURCES LTD
6,109,602$192.2B2.74%
11
MAMASTERCARD INC
316,631$177.9B2.53%
12
QSRRESTAURANT BRANDS INTL INC
2,539,975$168.6B2.40%
13
CMECME GROUP INC
576,062$158.8B2.26%
14
IHGINTERCONTINENTAL HOTELS GROUP
1,349,305$153.9B2.19%
15
OTISOTIS WORLDWIDE CORP
1,471,094$145.7B2.08%
16
VVISA INC
388,408$137.9B1.96%
17
RYROYAL BANK OF CANADA
1,039,273$137.1B1.95%
18
RBARB GLOBAL INC
1,234,891$131.3B1.87%
19
COFCAPITAL ONE FINANCIAL CORP
606,238$129.0B1.84%
20
UNHUNITEDHEALTH GROUP INC
412,019$128.5B1.83%
21
ELVELEVANCE HEALTH INC
329,656$128.2B1.83%
22
SHWSHERWIN-WILLIAMS CO/THE
353,157$121.3B1.73%
23
TJXTJX COS INC/THE
965,017$119.2B1.70%
24
4I1PHILIP MORRIS INTERNATIONAL IN
645,939$117.6B1.68%
25
AEMAGNICO EAGLE MINES LIMITED
944,967$112.7B1.61%
26
SYYSYSCO CORP
1,477,348$111.9B1.59%
27
CVSCVS HEALTH CORP
1,612,178$111.2B1.58%
28
MSCIMSCI INC
186,331$107.5B1.53%
29
ORCLORACLE CORP
484,098$105.8B1.51%
30
ROSTROSS STORES INC
806,734$102.9B1.47%
31
TECK/BTECK RESOURCES LTD
2,410,034$97.5B1.39%
32
GIB/ACGI INC
900,271$94.6B1.35%
33
WPMWHEATON PRECIOUS METALS CORP
980,013$88.2B1.26%
34
EQTEQT CORP
1,510,095$88.1B1.25%
35
RRCRANGE RESOURCES CORP
2,045,709$83.2B1.19%
36
BRK/BBERKSHIRE HATHAWAY INC
166,176$80.7B1.15%
37
DEODIAGEO PLC
3,015,679$79.1B1.13%
38
WTWWILLIS TOWERS WATSON PLC
235,341$72.1B1.03%
39
MTDMETTLER-TOLEDO INTERNATIONAL I
58,224$68.4B0.97%
40
HCAHCA HEALTHCARE INC
164,896$63.2B0.90%
41
TDTORONTO DOMINION BANK
852,173$62.7B0.89%
42
CRMSALESFORCE INC
210,263$57.3B0.82%
43
MTBM&T BANK CORP
295,506$57.3B0.82%
44
ASML.ASASML HOLDING NV
71,714$57.3B0.82%
45
SAPSAP SE
183,630$55.9B0.80%
46
FISVFISERV INC
303,464$52.3B0.75%
47
GGGGRACO INC
600,774$51.6B0.74%
48
EFXENERFLEX LTD
6,231,212$49.2B0.70%
49
CBCHUBB LTD
146,885$42.6B0.61%
50
NVONOVO NORDISK A/S DKK0.1 B
609,460$42.3B0.60%
51
RCI/BROGERS COMMUNICATIONS INC
1,421,228$42.2B0.60%
52
SPGIS&P GLOBAL INC
79,184$41.8B0.59%
53
NOCNORTHROP GRUMMAN CORP
80,595$40.3B0.57%
54
EXEExpand Energy Corp
311,100$36.4B0.52%
55
MARMARRIOTT INTERNATIONAL INC/MD
124,506$34.0B0.48%
56
EMREMERSON ELECTRIC CO
245,834$32.8B0.47%
57
AONAON PLC
86,829$31.0B0.44%
58
ALCALCON INC
340,728$30.2B0.43%
59
ICLRICON PLC
193,851$28.2B0.40%
60
HDBHDFC BANK LTD
326,390$25.0B0.36%
61
ULUNILEVER PLC
407,417$24.9B0.35%
62
LOWLOWE'S COS INC
91,024$20.2B0.29%
63
FTVFORTIVE CORP
336,574$17.5B0.25%
64
HLTHILTON WORLDWIDE HOLDINGS INC
57,073$15.2B0.22%
65
LINLINDE PLC
30,838$14.5B0.21%
66
GPORGULFPORT ENERGY CORP
65,900$13.3B0.19%
67
PEPPEPSICO INC
99,040$13.1B0.19%
68
CARRCARRIER GLOBAL CORP
178,203$13.0B0.19%
69
ADBEADOBE INC
33,518$13.0B0.18%
70
CPRTCOPART INC
251,027$12.3B0.18%
71
JNJJOHNSON & JOHNSON
76,126$11.6B0.17%
72
FDSFACTSET RESEARCH SYSTEMS INC
24,555$11.0B0.16%
73
SUSUNCOR ENERGY INC
257,500$9.7B0.14%
74
STNSTANTEC INC
73,673$8.0B0.11%
75
NKENIKE INC
110,820$7.9B0.11%
76
CLCOLGATE-PALMOLIVE CO
80,846$7.3B0.10%
77
VOLUTION GROUP PLC
893,612$7.3B0.10%
78
DSGDESCARTES SYS GROUP INC
65,438$6.7B0.09%
79
AGIALAMOS GOLD INC NEW
220,222$5.9B0.08%
80
GDXJVANECK JUNIOR GOLD MINERS
85,833$5.8B0.08%
81
RALRALLIANT CORP
112,190$5.4B0.08%
82
PPLPEMBINA PIPELINE CORP
135,000$5.1B0.07%
83
FSVFIRSTSERVICE CORP
28,086$4.9B0.07%
84
CIGICOLLIERS INTL GROUP INC
36,279$4.8B0.07%
85
ROPROPER TECHNOLOGIES INC
7,704$4.4B0.06%
86
TMOTHERMO FISHER SCIENTIFIC INC
9,000$3.6B0.05%
87
RGLDROYAL GOLD INC
15,664$2.8B0.04%
88
ATSATS CORP
81,114$2.6B0.04%
89
SYFSYNCHRONY FINANCIAL
36,319$2.4B0.03%
90
WCNWASTE CONNECTIONS INC
12,000$2.2B0.03%
91
NTBBANK OF NT BUTTERFIELD & SON L
50,275$2.2B0.03%
92
KGCKINROSS GOLD CORP
134,406$2.1B0.03%
93
ZTSZOETIS INC
13,369$2.1B0.03%
94
EFXEQUIFAX INC
7,917$2.1B0.03%
95
GRT-UGRANITE REAL ESTATE INVESTMENT TRUST
39,310$2.0B0.03%
96
TFIITFI INTERNATIONAL INC
21,099$1.9B0.03%
97
REXRREXFORD INDUSTRIAL REALTY INC
34,505$1.2B0.02%
98
CICIGNA CORP
3,549$1.2B0.02%
99
FERGFERGUSON ENTERPRISES INC/DE
4,938$1.1B0.02%
100
HIIHUNTINGTON INGALLS INDUSTRIES
3,433$828.9M0.01%
Page 1 of 2Next