Addenda Capital Inc.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Addenda Capital Inc. maintained a portfolio of 132 distinct positions. They heavily accumulated shares in BROOKFIELD CORP, increasing their position by 55.6%. Conversely, Addenda Capital Inc. completely exited their position in GFL ENVIRONMENTAL IN.
PCA Score Concentration Risk
Risk ENB
Total Positions
132
Quarter
2025 Q4
Top Holding
TD (4.9%)
Top 10 Concentration
38.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 132
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TD
TORONTO DOMINIO...
Financial Services 4.95% 4.36% #1 1
Prev: #2
4.5 -22,115 -1.7%
P
S
1,303,135 $168,573,538 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
RY
ROYAL BK CDA
Financial Services 4.83% 4.35% #2 1
Prev: #3
3.9 -14,327 -2.0%
P
S
702,804 $164,449,108 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AEM
AGNICO EAGLE MI...
Basic Materials 4.56% 5.02% #3 2
Prev: #1
3.3 -56,977 -7.9%
P
S
667,254 $155,310,041 2014 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SHOP
SHOPIFY INC
Technology 4.43% 4.26% #4
Prev: #4
2.8 -12,694 -1.8%
P
S
683,436 $151,039,356 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BN
BROOKFIELD CORP
Financial Services 3.99% 3.92% #5 1
Prev: #6
5.1 771,512 55.6%
P
S
2,158,161 $136,007,306 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BMO
BANK MONTREAL Q...
Financial Services 3.79% 3.94% #6 1
Prev: #5
2.0 -9,283 -1.3%
P
S
725,333 $129,290,607 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AGI
ALAMOS GOLD INC...
Basic Materials 3.46% 3.26% #7
Prev: #7
1.9 -48,214 -2.1%
P
S
2,226,649 $118,012,397 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BNS
BANK NOVA SCOTI...
Financial Services 3.18% 2.91% #8 1
Prev: #9
1.8 -23,402 -2.1%
P
S
1,070,928 $108,410,041 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ENB
ENBRIDGE INC
Energy 2.73% 3.00% #9 1
Prev: #8
1.6 -29,959 -2.1%
P
S
1,414,046 $92,874,541 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WPM
WHEATON PRECIOU...
Basic Materials 2.70% 2.18% #10 2
Prev: #12
3.6 98,152 20.8%
P
S
570,442 $92,046,521 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CNQ
CANADIAN NAT RE...
Energy 2.64% 2.90% #11 1
Prev: #10
1.6 -261,897 -12.0%
P
S
1,913,178 $90,071,773 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CP
CANADIAN PACIFI...
Industrials 2.14% 2.47% #12 1
Prev: #11
1.4 -84,098 -10.5%
P
S
718,820 $72,800,652 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TRP
TC ENERGY CORP
Energy 2.06% 2.13% #13
Prev: #13
1.3 -20,460 -2.2%
P
S
918,924 $70,233,361 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CCJ
CAMECO CORP
Energy 1.98% 1.53% #14 4
Prev: #18
3.3 93,887 21.1%
P
S
538,043 $67,621,244 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 1.81% 2.01% #15 1
Prev: #14
1.2 -3,291 -2.5%
P
S
127,649 $61,733,609 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CNI
CANADIAN NATL R...
Industrials 1.81% 1.82% #16
Prev: #16
1.2 -14,312 -3.1%
P
S
454,002 $61,630,772 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 1.73% 1.62% #17
Prev: #17
1.2 1,902 0.9%
P
S
216,803 $58,940,064 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 1.70% 1.84% #18 3
Prev: #15
1.2 -21,156 -11.2%
P
S
167,800 $58,075,580 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FNV
FRANCO NEV CORP
Basic Materials 1.70% 0.99% #19 12
Prev: #31
3.7 95,405 88.1%
P
S
203,643 $57,938,470 2014 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 1.66% 1.49% #20
Prev: #20
1.2 -26,958 -13.0%
P
S
179,798 $56,420,612 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CM
CANADIAN IMPERI...
Financial Services 1.57% 1.47% #21
Prev: #21
1.1 -15,463 -3.5%
P
S
426,376 $53,512,114 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WCN
WASTE CONNECTIO...
Industrials 1.56% 1.52% #22 3
Prev: #19
1.1 10,377 4.9%
P
S
220,427 $53,061,187 2016 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SU
SUNCOR ENERGY I...
Energy 1.36% 1.35% #23 1
Prev: #22
1.0 -25,514 -3.2%
P
S
760,866 $46,351,957 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 1.35% 1.23% #24
Prev: #24
2.5 23,093 10.4%
P
S
246,183 $45,920,515 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MFC
MANULIFE FINL C...
Financial Services 1.13% 1.03% #25 3
Prev: #28
1.0 -33,916 -4.2%
P
S
770,657 $38,409,545 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GFL
GFL ENVIRONMENT...
Industrials 0.00% 0.45%
Sold All 😨
(Was: #56)
0.0 -229,065 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FISV
FISERV INC
Unknown 0.00% 0.33%
Sold All 😨
(Was: #69)
0.0 -86,042 -100.0%
CLOSED
$— 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MIDD
MIDDLEBY CORP
Industrials 0.00% 0.22%
Sold All 😨
(Was: #95)
0.0 -56,815 -100.0%
CLOSED
$— 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LKQ
LKQ CORP
Consumer Cyclical 0.00% 0.21%
Sold All 😨
(Was: #99)
0.0 -236,843 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BALL
BALL CORP
Consumer Cyclical 0.00% 0.12%
Sold All 😨
(Was: #115)
0.0 -79,427 -100.0%
CLOSED
$— 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DSGX
DESCARTES SYS G...
Technology 0.00% 0.08%
Sold All 😨
(Was: #118)
0.0 -21,183 -100.0%
CLOSED
$— 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LSPD
LIGHTSPEED COMM...
Technology 0.00% 0.02%
Sold All 😨
(Was: #122)
0.0 -50,485 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 132 holdings

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