Forge First Asset Management Inc.

All Holdings — 2025 Q3

AI Portfolio Summary
In 2025 Q3, Forge First Asset Management Inc. maintained a portfolio of 57 distinct positions. The most significant new addition to the portfolio was CASELLA WASTE SYS IN, which now represents 7.05% of the total fund value. They heavily accumulated shares in GFL ENVIRONMENTAL IN, increasing their position by 42.9%. Conversely, Forge First Asset Management Inc. completely exited their position in JPMORGAN CHASE & CO..
PCA Score Concentration Risk
Risk ENB
Total Positions
57
Quarter
2025 Q3
Top Holding
GFL (9.0%)
Top 10 Concentration
59.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 57
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
GFL
GFL ENVIRONMENT...
Industrials 9.05% 5.31% #1 5
Prev: #6
5.7 124,900 42.9%
P
S
416,100 $19,712,517 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
BKLN
INVESCO EXCH TR...
ETF 9.02% 7.29% #2 1
Prev: #3
3.6 -23,700 -2.5%
P
S
939,600 $19,661,130 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
CWST
CASELLA WASTE S...
Industrials 7.05% #3
Prev: #—
4.8 161,722 no change
NEW
161,722 $15,353,078 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
GIL
GILDAN ACTIVEWE...
Consumer Cyclical 6.72% 8.15% #4 2
Prev: #2
2.8 -204,800 -44.7%
P
S
253,500 $14,641,669 2023 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
HPE
HEWLETT PACKARD...
Technology 6.04% #5
Prev: #—
4.4 536,100 no change
NEW
536,100 $13,161,255 2024 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 5.66% 5.67% #6 2
Prev: #4
2.4 -25,100 -36.2%
P
S
44,170 $12,329,614 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 4.20% 2.70% #7 8
Prev: #15
3.7 7,600 22.3%
P
S
41,650 $9,144,674 2023 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
TTWO
TAKE-TWO INTERA...
Communication Services 3.92% 2.90% #8 5
Prev: #13
1.6 no change no change
P
S
33,076 $8,546,508 2025 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
DOOO
BRP INC
Consumer Cyclical 3.76% #9
Prev: #—
3.5 134,747 no change
NEW
134,747 $8,187,809 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
BTG
B2GOLD CORP
Basic Materials 3.75% #10
Prev: #—
3.5 1,652,400 no change
NEW
1,652,400 $8,166,448 2025 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
SKE
SKEENA RES LTD ...
Basic Materials 3.38% #11
Prev: #—
3.4 400,000 no change
NEW
400,000 $7,370,160 2025 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
BN
BROOKFIELD CORP
Financial Services 3.15% #12
Prev: #—
3.3 100,000 no change
NEW
100,000 $6,855,111 2023 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
ITRI
ITRON INC
Technology 3.07% 0.98% #13 14
Prev: #27
3.5 32,970 159.6%
P
S
53,625 $6,679,530 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
META
META PLATFORMS ...
Communication Services 2.96% 1.04% #14 12
Prev: #26
3.5 4,886 125.3%
P
S
8,786 $6,452,351 2023 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CAE
CAE INC
Industrials 2.60% #15
Prev: #—
3.0 191,700 no change
NEW
191,700 $5,673,472 2025 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
STN
STANTEC INC
Industrials 2.46% 3.40% #16 6
Prev: #10
1.1 -36,900 -42.6%
P
S
49,679 $5,357,595 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
AGI
ALAMOS GOLD INC...
Basic Materials 2.45% 3.29% #17 5
Prev: #12
1.1 -189,059 -55.2%
P
S
153,300 $5,343,090 2024 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
BLD
TOPBUILD CORP
Industrials 2.41% #18
Prev: #—
3.0 13,431 no change
NEW
13,431 $5,250,984 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 2.16% 4.70% #19 11
Prev: #8
1.1 -57,100 -69.3%
P
S
25,270 $4,714,877 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
UAL
UNITED AIRLS HL...
Industrials 2.10% 1.67% #20 2
Prev: #22
0.9 -10,600 -18.3%
P
S
47,400 $4,572,204 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
CP
CANADIAN PACIFI...
Industrials 1.86% 10.62% #21 20
Prev: #1
1.0 -316,500 -85.3%
P
S
54,411 $4,050,436 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CWAN
CLEARWATER ANAL...
Technology 1.78% #22
Prev: #—
2.7 215,400 no change
NEW
215,400 $3,881,508 2025 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
PANW
PALO ALTO NETWO...
Technology 1.54% 0.83% #23 9
Prev: #32
2.8 5,300 47.3%
P
S
16,500 $3,359,730 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
N/A
I-80 GOLD CORP
Unknown 1.45% #24
Prev: #—
2.6 7,000,000 no change
NEW
7,000,000 $3,150,000 13F Filing 2025-09-30 2025-11-14 (Est.)
FIX
COMFORT SYS USA...
Industrials 1.34% 1.67% #25 2
Prev: #23
0.7 -5,053 -58.8%
P
S
3,545 $2,925,582 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
JPM
JPMORGAN CHASE ...
Financial Services 0.00% 5.38%
Sold All 😨
(Was: #5)
0.3 -51,350 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
CNI
CANADIAN NATL R...
Industrials 0.00% 4.96%
Sold All 😨
(Was: #7)
0.3 -131,900 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
VZLA
VIZSLA SILVER C...
Basic Materials 0.00% 3.50%
Sold All 😨
(Was: #9)
0.3 -3,300,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
BBU
BROOKFIELD BUSI...
Industrials 0.00% 3.38%
Sold All 😨
(Was: #11)
0.3 -357,465 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
MRVL
MARVELL TECHNOL...
Technology 0.00% 2.90%
Sold All 😨
(Was: #14)
0.3 -103,800 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
XPO
XPO INC
Industrials 0.00% 2.20%
Sold All 😨
(Was: #17)
0.3 -48,100 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
CHKP
CHECK POINT SOF...
Technology 0.00% 2.07%
Sold All 😨
(Was: #18)
0.3 -25,900 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
AMD
ADVANCED MICRO ...
Technology 0.00% 1.95%
Sold All 😨
(Was: #19)
0.3 -38,000 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
IAUX
I-80 GOLD CORP
Basic Materials 0.00% 1.76%
Sold All 😨
(Was: #20)
0.3 -7,910,800 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
BAC
BANK AMERICA CO...
Financial Services 0.00% 1.76%
Sold All 😨
(Was: #21)
0.3 -103,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
GRND
GRINDR INC
Technology 0.00% 1.26%
Sold All 😨
(Was: #24)
0.3 -152,799 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
MSFT
MICROSOFT CORP
Technology 0.00% 1.18%
Sold All 😨
(Was: #25)
0.3 -6,540 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
BIP
BROOKFIELD INFR...
Bond/Debt 0.00% 0.97%
Sold All 😨
(Was: #28)
0.3 -80,398 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
SITM
SITIME CORP
Technology 0.00% 0.90%
Sold All 😨
(Was: #30)
0.3 -11,670 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
OR
OR ROYALTIES IN...
Basic Materials 0.00% 0.86%
Sold All 😨
(Was: #31)
0.3 -92,900 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
N/A
ISHARES TR
ETF 0.00% 0.66%
Sold All 😨
(Was: #33)
0.3 -8,000 -100.0%
CLOSED
$— 13F Filing 2025-09-30 2025-11-14 (Est.)
MYRG
MYR GROUP INC D...
Industrials 0.00% 0.38%
Sold All 😨
(Was: #34)
0.3 -5,815 -100.0%
CLOSED
$— 2023 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
CLS
CELESTICA INC
Technology 0.00% 0.33%
Sold All 😨
(Was: #35)
0.3 -5,906 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
N/A
META PLATFORMS ...
Unknown 0.00% 0.18%
Sold All 😨
(Was: #36)
0.3 -400 -100.0%
CLOSED
$— 13F Filing 2025-09-30 2025-11-14 (Est.)
Showing 1-25 of 57 holdings

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