Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-3.83%
trims when stocks drop
when a holding falls −10%+
Middle response
+3.18%
steady accumulation
Rally response
+3.74%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| TDThe Toronto-Dominion Ban | $1.94B | 5.8% | +60.9% | 4.5 yr |
| RYRoyal Bank of Canada | $1.93B | 5.7% | +48.2% | 4.5 yr |
| AAPLApple Inc. | $1.07B | 3.2% | +14.7% | 2.3 yr |
| ENBEnbridge Inc. | $854M | 2.5% | +29.3% | 4.5 yr |
| BMOBank of Montreal | $849M | 2.5% | +47.5% | 2.3 yr |
| NVDANVIDIA Corporation | $822M | 2.4% | +60.9% | 4.5 yr |
| MSFTMicrosoft Corporation | $795M | 2.4% | -0.6% | 4.5 yr |
| CMCanadian Imperial Bank o | $777M | 2.3% | +73.0% | 4.5 yr |
| AEMAgnico Eagle Mines Limit | $767M | 2.3% | +89.2% | 2.3 yr |
| CNQCanadian Natural Resourc | $740M | 2.2% | +66.0% | 4.5 yr |
| SUSuncor Energy Inc. | $727M | 2.2% | +77.6% | 4.5 yr |
| BNSThe Bank of Nova Scotia | $676M | 2.0% | +52.4% | 2.3 yr |
| TRPTC Energy Corporation | $635M | 1.9% | +37.4% | 4.5 yr |
| MFCManulife Financial Corpo | $580M | 1.7% | +15.0% | 4.5 yr |
| BNBrookfield Corporation | $552M | 1.6% | +16.5% | 3.5 yr |
Portfolio composition (YoY)
Industry mix
Banks - Diversified20.7%+3.3pp$6.98B
Asset Management9.1%-2.3pp$3.06B
Semiconductors5.2%+2.5pp$1.74B
Oil & Gas Midstream5.1%+0.3pp$1.71B
Gold4.6%+2.5pp$1.55B
Oil & Gas Integrated3.9%+1.4pp$1.30B
Internet Content & Information3.3%+0.5pp$1.12B
Consumer Electronics3.2%+0.5pp$1.09B
Unknown3.1%+0.1pp$1.04B
Software - Infrastructure3.1%-1.5pp$1.03B
Country
CA47.4%+8.2pp
US46.9%-8.0pp
Unknown3.1%+0.1pp
IE0.6%-0.0pp
GB0.5%+0.1pp
BM0.3%-0.4pp
TW0.2%+0.1pp
NL0.2%+0.1pp
Top 5: 19.7% · Top 10: 31.3% · Top 25: 54.1%
Top buys this quarter · 15
| TD The Toronto-Dominion Bank | +$1.05B |
| RY Royal Bank of Canada | +$1.04B |
| AAPL Apple Inc. | +$683M |
| NVDA NVIDIA Corporation | +$567M |
| AEM Agnico Eagle Mines Limited | +$529M |
| BMO Bank of Montreal | +$529M |
| ENB Enbridge Inc. | +$470M |
| SU Suncor Energy Inc. | +$468M |
| CNQ Canadian Natural Resources Lim | +$458M |
| CM Canadian Imperial Bank of Comm | +$452M |
Top sells this quarter · 15
| BBU Brookfield Business Partners Lexit | −$33M |
| PLTR Palantir Technologies Inc. | −$24M |
| INTC Intel Corporation | −$14M |
| PLD Prologis, Inc. | −$8M |
| BCS Barclays PLC | −$7M |
| HOOD Robinhood Markets, Inc. | −$7M |
| TFII TFI International Inc. | −$6M |
| NDAQ Nasdaq, Inc. | −$6M |
| SAN Banco Santander, S.A. | −$6M |
| F-PD Ford Motor Company 6.500% Note | −$6M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $33.70B | 2298 | +29.37% | +17.59% | +11.77% | +17.53B |
| 2025-12-31 | $16.07B | 2033 | +26.37% | +17.72% | +8.65% | +0.01B |
| 2025-09-30 | $15.34B | 2058 | +19.94% | +17.52% | +2.42% | +0.10B |
| 2025-06-30 | $13.94B | 1985 | +19.56% | +14.94% | +4.62% | +0.24B |
| 2025-03-31 | $12.20B | 1940 | +6.23% | +8.30% | -2.08% | +0.03B |
| 2024-12-31 | $12.38B | 1959 | +13.75% | +24.89% | -11.14% | +0.16B |
| 2024-09-30 | $12.30B | 1904 | +27.61% | +36.04% | -8.43% | +0.16B |
| 2024-06-30 | $11.14B | 2030 | +12.26% | +24.49% | -12.23% | -2.15B |
| 2024-03-31 | $13.32B | 1762 | +16.86% | +29.62% | -12.76% | +2.05B |
| 2023-12-31 | $10.71B | 1711 | +14.57% | +26.18% | -11.61% | -0.00B |
| 2023-09-30 | $9.61B | 1710 | +10.78% | +21.57% | -10.79% | -0.00B |
| 2023-06-30 | $10.03B | 1750 | +7.39% | +19.42% | -12.04% | -0.01B |
| 2023-03-31 | $9.66B | 1735 | -10.52% | -7.82% | -2.70% | +0.26B |
| 2022-12-31 | $9.11B | 1695 | -17.28% | -18.17% | +0.90% | -0.38B |
| 2022-09-30 | $8.80B | 1702 | -7.07% | -4.93% | -2.14% | +0.55B |
| 2022-06-30 | $8.88B | 1738 | -13.43% | -16.11% | +2.68% | +0.02B |