Latest Galibier Capital Management Ltd. Stock Portfolio

$300Million | No. of Holdings #38

Galibier Capital Management Ltd. Performance

2025 Q3+0.71%

YTD+1.81%

2024-0.21%

About Galibier Capital Management Ltd. and 13F Hedge Fund Stock Holdings

On 2025-10-21, the fund reported it's updated stock portfolio. In the 13F Holdings report, Galibier Capital Management Ltd. reported an equity portfolio of $300.1 Millions as of 30 Sep, 2025. <br><br> The top stock holdings of Galibier Capital Management Ltd. are , , ENB. The fund has invested 12.7% of it's portfolio in AGNICO EAGLE MINES LTD and 10.8% of portfolio in ROYAL BANK OF CANADA. <br><br> They significantly reduced their stock positions in CAMECO CORP, APPLE INC. (AAPL) and MICROSOFT CORP (MSFT). The fund showed a lot of confidence in some stocks as they added substantially to AUTOZONE INC. (AZO).

Galibier Capital Management Ltd. Equity Portfolio Value

Last Reported on: 21 Oct, 2025

$300Million

as of Oct 21, 2025

Galibier Capital Management Ltd. Annual Return Estimates Vs S&P 500

Our best estimate is that Galibier Capital Management Ltd. made a return of 0.71% in the last quarter. In trailing 12 months, it's portfolio return was 0.38%.

Performance
S&P 500

New Buys

No new stocks were added by Galibier Capital Management Ltd.

Additions

Ticker	% Inc.
autozone inc.	55.00

Additions to existing portfolio by Galibier Capital Management Ltd.

Reductions

Ticker	% Reduced
cameco corp	-69.57
hudbay minerals inc	-40.01
gildan activewear inc	-36.69
apple inc.	-28.93
canadian imperial bank of commerce	-25.68
equinox gold corp	-20.87
microsoft corp	-19.86
agnico eagle mines ltd	-18.81

Galibier Capital Management Ltd. reduced stake in above stock

Sold off

None of the stocks were completely sold off by Galibier Capital Management Ltd.

Sector Distribution

Galibier Capital Management Ltd. has about 74.7% of it's holdings in Others sector.

Others
Industrials
Energy
Consumer Cyclical
Healthcare

Sector	%
Others	74.7
Industrials	8.5
Energy	8.4
Consumer Cyclical	4.6
Healthcare	1.7

Market Cap. Distribution

Galibier Capital Management Ltd. has about 22% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
LARGE-CAP
MID-CAP
MEGA-CAP

Category	%
UNALLOCATED	74.7
LARGE-CAP	20.3
MID-CAP	2.5
MEGA-CAP	1.7

Stocks belong to which Index?

About 4.4% of the stocks held by Galibier Capital Management Ltd. either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500

Index	%
Others	94.9
S&P 500	4.4

Top 5 Winners (%)		%
GOOG	alphabet inc class a	37.9 %
AAPL	apple inc.	24.1 %
TMO	thermo fisher scientific inc	19.6 %
OSK	oshkosh corp.	14.2 %
ENB	enbridge inc	11.5 %

Top 5 Winners ($)		$
ENB	enbridge inc	2.9 M
OSK	oshkosh corp.	0.6 M
GOOG	alphabet inc class a	0.3 M
AAPL	apple inc.	0.3 M
TMO	thermo fisher scientific inc	0.2 M

Top 5 Losers (%)		%
CL	colgate palmolive co	-12.1 %
HSIC	henry schein inc.	-9.1 %
CP	canadian pacific kansas city ltd	-6.0 %
WAB	wabtec corp	-4.2 %
QSR	restaurant brands international inc.	-3.1 %

Top 5 Losers ($)		$
CP	canadian pacific kansas city ltd	-1.3 M
QSR	restaurant brands international inc.	-0.4 M
HSIC	henry schein inc.	-0.3 M
CL	colgate palmolive co	-0.2 M
CB	chubb ltd	0.0 M

Galibier Capital Management Ltd. Holdings Map

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

Current Stock Holdings of Galibier Capital Management Ltd.

Galibier Capital Management Ltd. has 38 stocks in it's portfolio. About 71.1% of the portfolio is in top 10 stocks. CP proved to be the most loss making stock for the portfolio. ENB was the most profitable stock for Galibier Capital Management Ltd. last quarter.

$300.12MTotal Value

38.00Positions

21 Oct, 2025Last Reported

Current holdings of Current Stock Holdings of Galibier Capital Management Ltd., last reported on 21 Oct, 2025. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
AAPL Apple Inc. Apple Inc.AAPL Galibier Capital Management Ltd.'s holding in Apple Inc. over time	0.34%	3,961	$1.01M 0.34%	decreased 28.93 percentreduced

AZO Autozone Inc. Autozone Inc.AZO Galibier Capital Management Ltd.'s holding in Autozone Inc. over time	0.44%	310	$1.33M 0.44%	increased 55 percentadded

CB Chubb Ltd Chubb LtdCB Galibier Capital Management Ltd.'s holding in Chubb Ltd over time	0.37%	3,897	$1.10M 0.37%	unchanged 0 percentunchanged

CL Colgate Palmolive Co Colgate Palmolive CoCL Galibier Capital Management Ltd.'s holding in Colgate Palmolive Co over time	0.39%	14,631	$1.17M 0.39%	unchanged 0 percentunchanged

CP Canadian Pacific Kansas City Ltd Canadian Pacific Kansas City LtdCP Galibier Capital Management Ltd.'s holding in Canadian Pacific Kansas City Ltd over time	5.96%	240,014	$17.88M 5.96%	decreased 10.41 percentreduced

DECK Deckers Outdoor Corp Deckers Outdoor CorpDECK Galibier Capital Management Ltd.'s holding in Deckers Outdoor Corp over time	0.17%	5,100	$517.0K 0.17%	decreased 16.39 percentreduced

ENB Enbridge Inc Enbridge IncENB Galibier Capital Management Ltd.'s holding in Enbridge Inc over time	8.4%	499,597	$25.21M 8.4%	decreased 10.63 percentreduced

GBX Greenbrier Companies Inc Greenbrier Companies IncGBX Galibier Capital Management Ltd.'s holding in Greenbrier Companies Inc over time	0.74%	47,799	$2.21M 0.74%	decreased 15.85 percentreduced

GOOG Alphabet Inc Class A Alphabet Inc Class AGOOG Galibier Capital Management Ltd.'s holding in Alphabet Inc Class A over time	0.34%	4,200	$1.02M 0.34%	unchanged 0 percentunchanged

HSIC Henry Schein Inc. Henry Schein Inc.HSIC Galibier Capital Management Ltd.'s holding in Henry Schein Inc. over time	0.92%	41,476	$2.75M 0.92%	unchanged 0 percentunchanged

JPM Jpmorgan Chase & Co Jpmorgan Chase & CoJPM Galibier Capital Management Ltd.'s holding in Jpmorgan Chase & Co over time	0.4%	3,760	$1.19M 0.4%	unchanged 0 percentunchanged

MSFT Microsoft Corp Microsoft CorpMSFT Galibier Capital Management Ltd.'s holding in Microsoft Corp over time	0.25%	1,449	$750.5K 0.25%	decreased 19.86 percentreduced

NKE Nike Inc Nike IncNKE Galibier Capital Management Ltd.'s holding in Nike Inc over time	0.01%	400	$27.9K 0.01%	unchanged 0 percentunchanged

OSK Oshkosh Corp. Oshkosh Corp.OSK Galibier Capital Management Ltd.'s holding in Oshkosh Corp. over time	1.61%	37,227	$4.83M 1.61%	unchanged 0 percentunchanged

QSR Restaurant Brands International Inc. Restaurant Brands International Inc.QSR Galibier Capital Management Ltd.'s holding in Restaurant Brands International Inc. over time	4.02%	188,137	$12.07M 4.02%	decreased 9.99 percentreduced

TMO Thermo Fisher Scientific Inc Thermo Fisher Scientific IncTMO Galibier Capital Management Ltd.'s holding in Thermo Fisher Scientific Inc over time	0.39%	2,432	$1.18M 0.39%	unchanged 0 percentunchanged

WAB Wabtec Corp Wabtec CorpWAB Galibier Capital Management Ltd.'s holding in Wabtec Corp over time	0.2%	2,978	$597.0K 0.2%	unchanged 0 percentunchanged

ZBH Zimmer Biomet Holdings Inc Zimmer Biomet Holdings IncZBH Galibier Capital Management Ltd.'s holding in Zimmer Biomet Holdings Inc over time	0.34%	10,484	$1.03M 0.34%	unchanged 0 percentunchanged

Com Agnico Eagle Mines Ltd Agnico Eagle Mines Ltd Galibier Capital Management Ltd.'s holding in Agnico Eagle Mines Ltd over time	12.7%	226,197	$38.11M 12.7%	decreased 18.81 percentreduced

Com Royal Bank Of Canada Royal Bank Of Canada Galibier Capital Management Ltd.'s holding in Royal Bank Of Canada over time	10.83%	220,458	$32.50M 10.83%	decreased 13.71 percentreduced