Latest Addenda Capital Inc. Stock Portfolio

Addenda Capital Inc. Performance:

2026 Q1: 2.37%YTD: 2.37%2025: 18.61%

Performance for 2026 Q1 is 2.37%, and YTD is 2.37%, and 2025 is 18.61%.

About Addenda Capital Inc. and 13F Hedge Fund Stock Holdings

Addenda Capital Inc. is a hedge fund based in Canada. On 2026-04-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Addenda Capital Inc. reported an equity portfolio of $3.6 Billions as of 31 Mar, 2026.

The top stock holdings of Addenda Capital Inc. are AEM, TD, RY. The fund has invested 5% of it's portfolio in AGNICO EAGLE MINES LTD and 4.8% of portfolio in TORONTO DOMINION BK ONT.

The fund managers got completely rid off IQVIA HLDGS INC (IQV), GRANITE REAL ESTATE INVT TR and MCCORMICK & CO INC (MKC) stocks. They significantly reduced their stock positions in CGI INC (GIB), PEPSICO INC (PEP) and IMPERIAL OIL LTD (IMO). Addenda Capital Inc. opened new stock positions in CELESTICA INC (CLS), SUNBELT RENTALS HOLDINGS INC and PALO ALTO NETWORKS INC (PANW). The fund showed a lot of confidence in some stocks as they added substantially to HUDBAY MINERALS INC (HBM), KINROSS GOLD CORP (KGC) and STERIS PLC (STE).

Addenda Capital Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Addenda Capital Inc. made a return of 2.37% in the last quarter. In trailing 12 months, it's portfolio return was 21.81%.

Performance
S&P 500

New Buys

Ticker	$ Bought
celestica inc	15,732,100
sunbelt rentals holdings inc	9,303,260
berkshire hathaway inc del	7,793,710
palo alto networks inc	4,425,430
barrick mng corp	1,341,090
orla mng ltd new	636,203
skeena res ltd new	490,531
coca-cola europacific partne	230,523

New stocks bought by Addenda Capital Inc.

Additions

Ticker	% Inc.
hudbay minerals inc	4,298
kinross gold corp	3,855
steris plc	158
taiwan semiconductor manufac	112
equinox gold corp	68.37
telus corporation	56.45
thermo fisher scientific inc	33.82
sherwin williams co	28.59

Additions to existing portfolio by Addenda Capital Inc.

Reductions

Ticker	% Reduced
cgi inc	-66.23
pepsico inc	-57.81
imperial oil ltd	-31.3
canadian imperial bank of co	-26.08
adobe inc	-14.7
alamos gold inc	-10.76
brookfield asset managmt ltd	-10.00
emera inc	-8.75

Addenda Capital Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
granite real estate invt tr	-6,193,820
iqvia hldgs inc	-13,587,500
mccormick & co inc	-3,172,320
spdr s&p 500 etf tr	-1,729,540

Addenda Capital Inc. got rid off the above stocks

Sector Distribution

Addenda Capital Inc. has about 65.5% of it's holdings in Others sector.

Sector	%
Others	65.5
Technology	8.5
Industrials	6.9
Consumer Cyclical	4.7
Financial Services	3.1
Energy	3
Healthcare	2.9
Communication Services	2.4
Consumer Defensive	1.9
Basic Materials	1.3

Market Cap. Distribution

Addenda Capital Inc. has about 34.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	65.5
LARGE-CAP	20.3
MEGA-CAP	14.3

Stocks belong to which Index?

About 26.4% of the stocks held by Addenda Capital Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	73.6
S&P 500	26.4

Top 5 Winners (%)		%
DOW	dow hldgs inc	78.1 %
CVE	cenovus energy inc	58.4 %
MEOH	methanex corp	52.3 %
SU	suncor energy inc new	50.6 %
IMO	imperial oil ltd	45.1 %

Top 5 Winners ($)		$
CNQ	canadian nat res ltd med ter	39.8 M
AEM	agnico eagle mines ltd	32.1 M
SU	suncor energy inc new	23.4 M
AGI	alamos gold inc	18.7 M
CCJ	cameco corp	13.9 M

Top 5 Losers (%)		%
INTU	intuit	-34.4 %
TRI	thomson reuters corp	-30.7 %
ADBE	adobe inc	-28.3 %
BR	broadridge finl solutions in	-26.8 %
CIGI	colliers intl group inc	-26.1 %

Top 5 Losers ($)		$
SHOP	shopify inc	-39.2 M
MSFT	microsoft corp	-14.6 M
	brookfield corp	-14.4 M
CIGI	colliers intl group inc	-8.9 M
INTU	intuit	-7.8 M

Addenda Capital Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Addenda Capital Inc.

Addenda Capital Inc. has 129 stocks in it's portfolio. About 38% of the portfolio is in top 10 stocks. SHOP proved to be the most loss making stock for the portfolio. CNQ was the most profitable stock for Addenda Capital Inc. last quarter.

Last Reported on: 15 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.63	227,617	57,766,900	added	4.99

ABT	abbott laboratories	0.16	55,400	5,687,920	unchanged	0.00

ADBE	adobe inc	0.16	24,122	5,863,580	reduced	-14.7

AEM	agnico eagle mines ltd	5.00	628,844	177,567,000	reduced	-5.76

AGI	alamos gold inc	3.46	1,987,060	122,979,000	reduced	-10.76

AMZN	amazon com inc	0.97	164,656	34,289,600	added	2.67

APH	amphenol corp	0.69	193,786	24,526,600	reduced	-2.49

AVGO	broadcom inc	1.46	167,214	51,754,400	reduced	-0.35

BAM	brookfield asset managmt ltd	0.44	251,127	15,532,200	reduced	-10.00

BCE	bce inc	0.47	471,327	16,748,200	added	1.7

BHP	bhp billiton limited	0.26	129,200	9,398,010	unchanged	0.00

BIP	brookfield infrastructure pa	1.09	771,858	38,731,800	reduced	-3.00

BKNG	booking holdings inc	0.55	116,100	19,552,700	added	2.58

BMO	bank montreal medium	3.58	674,068	127,008,000	reduced	-7.07

BNS	bank nova scotia b c	2.92	1,073,600	103,570,000	added	0.25

BR	broadridge finl solutions in	0.31	67,918	11,092,300	added	2.55

CAE	cae inc	0.37	366,816	13,286,100	added	1.12

CAT	caterpillar inc	0.38	18,800	13,319,000	unchanged	0.00

CCEP	coca-cola europacific partne	0.01	2,543	230,523	new

CCJ	cameco corp	2.35	550,763	83,319,400	added	2.36