AI Portfolio Summary
In 2025 Q4, Canoe Financial LP maintained a portfolio of 117 distinct positions. The most significant new addition to the portfolio was INTERCONTINENTAL HOT, which now represents 2.41% of the total fund value. They heavily accumulated shares in CANADIAN NATIONAL RA, increasing their position by 5.6%. Conversely, Canoe Financial LP completely exited their position in SYSCO CORP.
Total Positions
117
Quarter
2025 Q4
Top Holding
TSM (4.9%)
Top 10 Concentration
33.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 117
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
TSM
TAIWAN SEMICOND...
|
Technology | 4.95% | 5.36% |
#1
Prev: #1
|
2.0 | -146,003 | -10.9% |
P
S
|
1,198,170 | $364,111,881 |
$137.02
+134.5%
|
2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
GOOGL
ALPHABET INC
|
Communication Services | 4.35% | 4.08% |
#2
Prev: #2
|
1.8 | -152,100 | -12.9% |
P
S
|
1,024,214 | $320,578,982 |
$146.23
+115.4%
|
2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
CNI
CANADIAN NATION...
|
Industrials | 3.93% | 3.73% |
#3
1
Prev: #4
|
3.6 | 155,760 | 5.6% |
P
S
|
2,924,042 | $289,196,346 |
$110.98
-11.1%
|
2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
WFC
WELLS FARGO & C...
|
Financial Services | 3.55% | 3.34% |
#4
1
Prev: #5
|
3.4 | 12,506 | 0.4% |
P
S
|
2,804,535 | $261,382,662 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 3.43% | 4.03% |
#5
2
Prev: #3
|
1.4 | -21,900 | -4.0% |
P
S
|
522,481 | $252,682,261 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OTIS
OTIS WORLDWIDE ...
|
Industrials | 3.31% | 3.15% |
#6
1
Prev: #7
|
3.4 | 375,914 | 15.6% |
P
S
|
2,787,870 | $243,520,445 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MCO
MOODY'S CORP
|
Financial Services | 2.96% | 2.80% |
#7
1
Prev: #8
|
3.2 | 13,780 | 3.3% |
P
S
|
425,922 | $217,582,254 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CNQ
CANADIAN NATURA...
|
Energy | 2.57% | 2.61% |
#8
2
Prev: #10
|
1.0 | -132,088 | -2.3% |
P
S
|
5,588,945 | $189,312,177 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MA
MASTERCARD INC
|
Financial Services | 2.42% | 2.47% |
#9
2
Prev: #11
|
3.0 | 8,800 | 2.9% |
P
S
|
312,481 | $178,389,153 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ICHGF
INTERCONTINENTA...
|
Consumer Cyclical | 2.41% | — |
#10
Prev: #—
|
3.0 | 1,257,505 | no change |
NEW
|
1,257,505 | $177,243,443 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ADI
ANALOG DEVICES ...
|
Technology | 2.35% | 2.26% |
#11
4
Prev: #15
|
0.9 | -5,303 | -0.8% |
P
S
|
639,062 | $173,313,614 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QSR
RESTAURANT BRAN...
|
Consumer Cyclical | 2.31% | 2.31% |
#12
2
Prev: #14
|
0.9 | -33,714 | -1.3% |
P
S
|
2,489,553 | $169,888,780 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AZO
AUTOZONE INC
|
Consumer Cyclical | 2.28% | 3.17% |
#13
7
Prev: #6
|
0.9 | -2,355 | -4.6% |
P
S
|
49,391 | $167,509,577 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LMT
LOCKHEED MARTIN...
|
Industrials | 2.26% | — |
#14
Prev: #—
|
2.9 | 344,027 | no change |
NEW
|
344,027 | $166,402,902 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TECK
TECK RESOURCES ...
|
Basic Materials | 2.17% | 2.10% |
#15
3
Prev: #18
|
0.9 | -16,147 | -0.5% |
P
S
|
3,332,589 | $159,552,051 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ICE
INTERCONTINENTA...
|
Financial Services | 2.09% | 1.60% |
#16
15
Prev: #31
|
3.0 | 287,729 | 43.3% |
P
S
|
951,486 | $154,102,673 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVS
CVS HEALTH CORP
|
Healthcare | 2.05% | 1.83% |
#17
6
Prev: #23
|
2.9 | 194,555 | 11.4% |
P
S
|
1,899,163 | $150,717,576 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CME
CME GROUP INC
|
Financial Services | 2.00% | 2.15% |
#18
1
Prev: #17
|
0.8 | -16,140 | -2.9% |
P
S
|
540,122 | $147,496,516 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROP
ROPER TECHNOLOG...
|
Technology | 1.98% | 1.70% |
#19
9
Prev: #28
|
2.9 | 89,436 | 37.5% |
P
S
|
328,020 | $146,011,543 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROST
ROSS STORES INC
|
Consumer Cyclical | 1.94% | 1.72% |
#20
6
Prev: #26
|
2.8 | 2,199 | 0.3% |
P
S
|
792,576 | $142,774,641 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
V
VISA INC COM CL...
|
Financial Services | 1.84% | 1.87% |
#21
1
Prev: #22
|
2.7 | 2,690 | 0.7% |
P
S
|
386,604 | $135,585,889 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MTB
M&T BANK CORP
|
Financial Services | 1.79% | 1.22% |
#22
13
Prev: #35
|
2.9 | 219,065 | 50.5% |
P
S
|
652,744 | $131,514,861 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ELV
ELEVANCE HEALTH...
|
Healthcare | 1.76% | 1.80% |
#23
1
Prev: #24
|
0.7 | -18,737 | -4.8% |
P
S
|
370,662 | $129,935,564 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TJX
TJX COS INC/THE
|
Consumer Cyclical | 1.72% | 1.77% |
#24
1
Prev: #25
|
0.7 | -33,000 | -3.8% |
P
S
|
825,317 | $126,776,944 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RBA
RB GLOBAL INC
|
Industrials | 1.70% | 1.88% |
#25
4
Prev: #21
|
0.7 | -5,079 | -0.4% |
P
S
|
1,212,695 | $124,857,217 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SYY
SYSCO CORP
|
Consumer Defensive | 0.00% | 1.68% |
Sold All 😨
(Was: #29) |
0.3 | -1,427,181 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRM
SALESFORCE INC
|
Technology | 0.00% | 0.83% |
Sold All 😨
(Was: #42) |
0.3 | -244,683 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTE
BAYTEX ENERGY C...
|
Energy | 0.00% | 0.28% |
Sold All 😨
(Was: #58) |
0.3 | -8,304,327 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SU
SUNCOR ENERGY I...
|
Energy | 0.00% | 0.10% |
Sold All 😨
(Was: #71) |
0.3 | -155,300 | -100.0% |
CLOSED
|
— | $— | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DEO
DIAGEO PLC
|
Consumer Defensive | 0.00% | 0.06% |
Sold All 😨
(Was: #81) |
0.3 | -45,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EFA
ISHARES MSCI EA...
|
ETF | 0.00% | 0.06% |
Sold All 😨
(Was: #82) |
0.3 | -45,701 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XOP
SPDR S&P OIL & ...
|
Unknown | 0.00% | 0.01% |
Sold All 😨
(Was: #95) |
0.3 | -4,488 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HII
HUNTINGTON INGA...
|
Industrials | 0.00% | 0.01% |
Sold All 😨
(Was: #96) |
0.3 | -2,639 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FERG
FERGUSON ENTERP...
|
Industrials | 0.00% | 0.01% |
Sold All 😨
(Was: #97) |
0.3 | -2,772 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ABNB
AIRBNB INC
|
Consumer Cyclical | 0.00% | 0.01% |
Sold All 😨
(Was: #98) |
0.3 | -4,866 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLE
ENERGY SELECT S...
|
Unknown | 0.00% | 0.01% |
Sold All 😨
(Was: #99) |
0.3 | -12,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QQQ
INVESCO QQQ TRU...
|
ETF | 0.00% | 0.00% |
Sold All 😨
(Was: #103) |
0.3 | -107 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
URA
GLOBAL X URANIU...
|
ETF | 0.00% | 0.00% |
Sold All 😨
(Was: #104) |
0.3 | -395 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IMO
IMPERIAL OIL LT...
|
Energy | 0.00% | 0.00% |
Sold All 😨
(Was: #105) |
0.3 | -2,900 | -100.0% |
CLOSED
|
— | $— | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 117 holdings