PICTON MAHONEY ASSET MANAGEMENT
CIK: 0001539041Latest portfolio: $12.9B · Q4 2025
Holdings
1,180
Total Value
$12.9B
New Positions
274
Closed Positions
168
Top Holdings
View All 1,180 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | HYGISHARES TR | 19,829,290 | $1.6B | 12.37% | NEW | Put |
| 2 | LQDISHARES TR | 10,003,220 | $1.1B | 8.52% | NEW | Put |
| 3 | RYROYAL BK CDA | 2,652,043 | $452.0M | 3.50% | +74K | |
| 4 | TDTORONTO DOMINION BK ONT | 3,396,972 | $320.0M | 2.48% | +145K | |
| 5 | SHOPSHOPIFY INC | 1,932,932 | $311.0M | 2.41% | +202K | |
| 6 | IWMISHARES TR | 1,200,700 | $295.0M | 2.28% | NEW | Put |
| 7 | IEFISHARES TR | 2,517,370 | $241.0M | 1.87% | NEW | Put |
| 8 | BNBROOKFIELD CORP | 3,613,638 | $166.0M | 1.29% | +985K | |
| 9 | CPCANADIAN PACIFIC KANSAS CITY | 2,252,702 | $166.0M | 1.29% | +106K | |
| 10 | CRCCANADIAN NAT RES LTD | 4,666,597 | $158.0M | 1.22% | -503,457 | |
| 11 | CLSCELESTICA INC | 525,710 | $154.0M | 1.19% | NEW | Call |
| 12 | BBARRICK MNG CORP | 3,423,022 | $149.0M | 1.15% | +1.8M | |
| 13 | NVDANVIDIA CORPORATION | 802,128 | $149.0M | 1.15% | +65K | |
| 14 | FNVFRANCO NEV CORP | 630,703 | $130.0M | 1.01% | +39K | |
| 15 | AEMAGNICO EAGLE MINES LTD | 767,180 | $130.0M | 1.01% | -250,226 | |
| 16 | ENBENBRIDGE INC | 2,666,336 | $127.0M | 0.98% | -38,162 | |
| 17 | GOOGLALPHABET INC | 382,808 | $119.0M | 0.92% | +52K | |
| 18 | CVECENOVUS ENERGY INC | 6,824,438 | $115.0M | 0.89% | +435K | |
| 19 | TRPTC ENERGY CORP | 2,055,963 | $113.0M | 0.88% | +19K | |
| 20 | OROR ROYALTIES INC | 3,160,518 | $112.0M | 0.87% | +51K | |
| 21 | AAPLAPPLE INC | 413,092 | $112.0M | 0.87% | -7,215 | |
| 22 | WCNWASTE CONNECTIONS INC | 641,243 | $112.0M | 0.87% | +101K | |
| 23 | MSFTMICROSOFT CORP | 227,053 | $109.0M | 0.84% | -39,777 | |
| 24 | RCI/BROGERS COMMUNICATIONS INC | 2,797,253 | $105.0M | 0.81% | +124K | |
| 25 | HBMHUDBAY MINERALS INC | 5,034,287 | $100.0M | 0.77% | -1,316,195 |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
Financial ServicesNaN% ($InfinityT)
TechnologyNaN% ($InfinityT)
Industrials0.0% ($1.6600011200041001e+292T)
Unknown0.0% ($1.0500063000470002e+284T)
Consumer Cyclical0.0% ($8.100079000700005e+218T)
Healthcare0.0% ($9.200070000590004e+197T)
Communication Services0.0% ($1.1900057000570005e+105T)
Energy0.0% ($1.58000127000115e+97T)
Real Estate0.0% ($5.500047000330009e+94T)
Consumer Defensive0.0% ($8.300030000200002e+87T)
Basic Materials0.0% ($1.4900013000013001e+82T)
Utilities0.0% ($6.400045000190002e+79T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 11, 2026 | $12.9B | 1,198 |
| Q3 2025 | Nov 12, 2025 | $11.1B | 1,069 |
| Q2 2025 | Aug 12, 2025 | $9.7B | 963 |
| Q1 2025 | May 7, 2025 | $5.8B | 931 |
| Q4 2024 | Feb 10, 2025 | $3.4B | 852 |
| Q3 2024 | Nov 4, 2024 | $3.1T | 840 |
| Q2 2024 | Jul 31, 2024 | $2.6T | 598 |
| Q1 2024 | May 9, 2024 | $3.3T | 375 |
| Q4 2023 | Feb 6, 2024 | $3.7T | 440 |
| Q3 2023 | Nov 6, 2023 | $3.3T | 424 |
| Q2 2023 | Aug 3, 2023 | $2.3T | 437 |
| Q1 2023 | May 8, 2023 | $2.3T | 501 |
| Q4 2022 | Feb 13, 2023 | $2.1T | 680 |
| Q3 2022 | Nov 9, 2022 | $2.8T | 752 |
| Q2 2022 | Aug 8, 2022 | $2.6T | 860 |
| Q1 2022 | May 11, 2022 | $2.8T | 956 |
| Q4 2021 | Feb 10, 2022 | $3.4T | 786 |
| Q3 2021 | Nov 9, 2021 | $2.7T | 897 |
| Q2 2021 | Aug 11, 2021 | $3.4T | 885 |
| Q1 2021 | May 4, 2021 | $2.0T | 339 |
| Q4 2020 | Feb 12, 2021 | $2.1T | 339 |
| Q3 2020 | Nov 2, 2020 | $1.8T | 339 |
| Q2 2020 | Aug 5, 2020 | $1.7T | 315 |
| Q1 2020 | May 6, 2020 | $1.8T | 290 |
| Q4 2019 | Feb 10, 2020 | $1.5T | 288 |
| Q3 2019 | Nov 1, 2019 | $1.4T | 194 |
| Q2 2019 | Aug 6, 2019 | $1.5T | 192 |
| Q1 2019 | May 2, 2019 | $1.3T | 186 |
| Q4 2018 | Feb 5, 2019 | $1.1T | 173 |
| Q3 2018 | Nov 5, 2018 | $1.4T | 180 |
| Q2 2018 | Aug 1, 2018 | $1.4T | 182 |
| Q1 2018 | May 4, 2018 | $1.4T | 194 |
| Q4 2017 | Feb 1, 2018 | $3.7T | 258 |
| Q3 2017 | Nov 9, 2017 | $1.3T | 183 |
| Q2 2017 | Aug 14, 2017 | $1.4T | 192 |
| Q1 2017 | May 15, 2017 | $1.5T | 187 |
| Q4 2016 | Feb 15, 2017 | $1.2T | 184 |
| Q3 2016 | Nov 15, 2016 | $1.5T | 302 |
| Q2 2016 | Aug 11, 2016 | $1.6T | 315 |
| Q1 2016 | May 11, 2016 | $1.6T | 303 |
Fund Information
PICTON MAHONEY ASSET MANAGEMENT is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $12.9B across 1,180 holdings. The largest position is ISHARES TR (HYG), representing 12.4% of the portfolio. Compared to the previous quarter, the fund opened 349 new positions and closed 238 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.