Latest Addenda Capital Inc. Stock Portfolio

$2.55Billion– No. of Holdings #128

Addenda Capital Inc. Performance:

2024 Q2: -1.22%YTD: 1.46%2023: 5.65%

Performance for 2024 Q2 is -1.22%, and YTD is 1.46%, and 2023 is 5.65%.

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

Addenda Capital Inc. is a hedge fund based in Canada. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $24.2 Billions. In it's latest 13F Holdings report, Addenda Capital Inc. reported an equity portfolio of $2.6 Billions as of 30 Jun, 2024.

The top stock holdings of Addenda Capital Inc. are RY, TD, CNQ. The fund has invested 4.6% of it's portfolio in ROYAL BK CDA and 4.5% of portfolio in TORONTO DOMINION BK ONT.

The fund managers got completely rid off PAYPAL HLDGS INC (PYPL), DANAHER CORPORATION (DHR) and MOODYS CORP (MCO) stocks. They significantly reduced their stock positions in TELUS CORPORATION (TU), JOHNSON & JOHNSON (JNJ) and WEST FRASER TIMBER CO LTD (WFG). Addenda Capital Inc. opened new stock positions in LKQ CORP (LKQ) and MAG SILVER CORP (MAG). The fund showed a lot of confidence in some stocks as they added substantially to AMPHENOL CORP NEW (APH), CANADIAN NAT RES LTD (CNQ) and FRANCO NEV CORP (FNV).

Addenda Capital Inc. Equity Portfolio Value

Last Reported on: 16 Jul, 2024

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

Our best estimate is that Addenda Capital Inc. made a return of -1.22% in the last quarter. In trailing 12 months, it's portfolio return was 3.23%.

New Buys

Ticker	$ Bought
lkq corp	6,419,300
mag silver corp	167,950

New stocks bought by Addenda Capital Inc.

Additions

Ticker	% Inc.
amphenol corp new	115
canadian nat res ltd	93.3
franco nev corp	85.68
canadian imperial bk comm to	57.68
agnico eagle mines ltd	49.69
wheaton precious metals corp	42.77
brookfield infrast partners	36.97
linde plc	28.27

Additions to existing portfolio by Addenda Capital Inc.

Reductions

Ticker	% Reduced
telus corporation	-91.88
johnson & johnson	-38.22
west fraser timber co ltd	-26.65
nvidia corporation	-26.47
costco whsl corp new	-19.71
nutrien ltd	-18.39
tfi intl inc	-18.08
cvs health corp	-15.96

Addenda Capital Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
warner bros discovery inc	-3,055,410
paypal hldgs inc	-6,674,970
danaher corporation	-6,560,920
moodys corp	-3,543,560
spdr s&p 500 etf tr	-903,378

Addenda Capital Inc. got rid off the above stocks

Sector Distribution

Addenda Capital Inc. has about 63.7% of it's holdings in Others sector.

Sector	%
Others	63.7
Technology	8.6
Industrials	8.2
Consumer Cyclical	5.1
Healthcare	3.7
Energy	3
Communication Services	2.5
Consumer Defensive	2.3
Financial Services	2.1

Market Cap. Distribution

Addenda Capital Inc. has about 35.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	63.7
LARGE-CAP	23.4
MEGA-CAP	11.7
MID-CAP	1.2

Stocks belong to which Index?

About 25.4% of the stocks held by Addenda Capital Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	74.6
S&P 500	25.4

Top 5 Winners (%)		%
NVDA	nvidia corporation	26.1 %
AAPL	apple inc	21.9 %
GOOG	alphabet inc	20.8 %
GOOG	alphabet inc	20.3 %
AVGO	broadcom inc	18.6 %

Top 5 Winners ($)		$
AVGO	broadcom inc	6.2 M
AAPL	apple inc	5.4 M
GOOG	alphabet inc	4.3 M
MSFT	microsoft corp	2.5 M
NVDA	nvidia corporation	2.1 M

Top 5 Losers (%)		%
APH	amphenol corp new	-43.0 %
GPN	global pmts inc	-26.6 %
CVS	cvs health corp	-25.6 %
INTC	intel corp	-25.1 %
TAP	molson coors beverage co	-24.0 %

Top 5 Losers ($)		$
CP	canadian pacific kansas city	-9.4 M
APH	amphenol corp new	-8.5 M
OTEX	open text corp	-5.7 M
QSR	restaurant brands intl inc	-4.3 M
DIS	disney walt co	-3.2 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 128 stocks in it's portfolio. About 37.2% of the portfolio is in top 10 stocks. CP proved to be the most loss making stock for the portfolio. AVGO was the most profitable stock for Addenda Capital Inc. last quarter.

Last Reported on: 16 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.19	143,716	30,269,500	added	9.82

ABT	abbott labs	0.25	62,102	6,453,020	added	26.46

ADBE	adobe inc	0.57	26,042	14,467,400	added	27.76

AEM	agnico eagle mines ltd	0.04	11,417	1,021,590	added	49.69

AGG	ishares tr	0.18	23,000	4,666,930	added	1.32

AKAM	akamai technologies inc	0.30	85,789	7,727,870	added	17.87

AMZN	amazon com inc	0.35	46,184	8,926,900	reduced	-0.02

APH	amphenol corp new	0.44	166,059	11,202,500	added	115

AVGO	broadcom inc	1.38	21,924	35,198,800	reduced	-12.66

BALL	ball corp	0.36	153,464	9,210,910	added	7.29

BAM	brookfield asset managmt ltd	0.62	301,956	15,725,900	reduced	-4.29

BCE	bce inc	1.25	700,910	31,751,200	reduced	-0.02

BDX	becton dickinson & co	0.32	35,363	8,264,690	added	17.4

BHP	bhp group ltd	0.25	112,545	6,425,190	reduced	-0.02

BIP	brookfield infrast partners	0.06	43,063	1,618,310	added	36.97

BIPC	brookfield infrastructure co	0.01	6,300	290,115	unchanged	0.00

BKNG	booking holdings inc	0.52	3,321	13,156,100	added	6.24

BMO	bank montreal que	3.88	861,287	98,901,600	reduced	-4.01

BNS	bank nova scotia halifax	2.88	1,172,760	73,391,100	reduced	-0.32

BR	broadridge finl solutions in	0.36	46,361	9,163,780	added	16.67