Latest Canoe Financial LP Stock Portfolio

Canoe Financial LP Performance:

2025 Q3: 2.65%YTD: 6.15%2024: 9%

Performance for 2025 Q3 is 2.65%, and YTD is 6.15%, and 2024 is 9%.

About Canoe Financial LP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Canoe Financial LP reported an equity portfolio of $7 Billions as of 30 Sep, 2025.

The top stock holdings of Canoe Financial LP are TSM, GOOG, MSFT. The fund has invested 5.4% of it's portfolio in TAIWAN SEMICONDUCTOR MANUFACTU and 4.1% of portfolio in ALPHABET INC.

The fund managers got completely rid off INTERCONTINENTAL HOTELS GROUP, HCA HEALTHCARE INC (HCA) and FORTIVE CORP (FTV) stocks. They significantly reduced their stock positions in CGI INC, ADOBE INC (ADBE) and CAPITAL ONE FINANCIAL CORP (COF). Canoe Financial LP opened new stock positions in INTERCONTINENTAL EXCHANGE INC (ICE), BAYTEX ENERGY CORP and SPDR S&P 500 ETF TRUST (SPY). The fund showed a lot of confidence in some stocks as they added substantially to ROPER TECHNOLOGIES INC (ROP), HDFC BANK LTD (HDB) and OTIS WORLDWIDE CORP (OTIS).

Canoe Financial LP Annual Return Estimates Vs S&P 500

Our best estimate is that Canoe Financial LP made a return of 2.65% in the last quarter. In trailing 12 months, it's portfolio return was 6.89%.

New Buys

Ticker	$ Bought
intercontinental exchange inc	111,830,000
baytex energy corp	19,483,500
spdr s&p 500 etf trust	6,507,250
diageo plc	4,294,350
ishares msci eafe etf	4,158,790
jack henry & associates inc	2,153,680
spdr s&p oil & gas exp & pr	869,632
energy select sector spdr	570,000

New stocks bought by Canoe Financial LP

Additions

Ticker	% Inc.
roper technologies inc	2,996
hdfc bank ltd	94.91
otis worldwide corp	63.96
eqt corp	63.42
equifax inc	60.78
philip morris international in	57.23
cigna corp	53.09
ero copper corp	50.38

Additions to existing portfolio by Canoe Financial LP

Reductions

Ticker	% Reduced
cgi inc	-92.56
ferguson enterprises inc/de	-43.86
suncor energy inc	-39.69
adobe inc	-39.54
capital one financial corp	-37.5
range resources corp	-31.99
expand energy corp	-29.62
vaneck junior gold miners	-27.1

Canoe Financial LP reduced stake in above stock

Sold off

Ticker	$ Sold
diageo plc	-79,108,100
intercontinental hotels group	-153,862,000
volution group plc	-7,252,210
novo nordisk a/s dkk0.1 b	-42,331,100
unilever plc	-24,856,300
fortive corp	-17,545,600
sap se	-55,875,200
hca healthcare inc	-63,171,700

Canoe Financial LP got rid off the above stocks

Sector Distribution

Canoe Financial LP has about 28.4% of it's holdings in Others sector.

Sector	%
Others	28.4
Financial Services	23.5
Technology	11
Consumer Cyclical	10
Industrials	7.3
Healthcare	6.5
Consumer Defensive	4.3
Communication Services	4.1
Energy	3
Basic Materials	1.9

Market Cap. Distribution

Canoe Financial LP has about 70.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.8
UNALLOCATED	28.4
MEGA-CAP	17.7
MID-CAP	1.1

Stocks belong to which Index?

About 65.6% of the stocks held by Canoe Financial LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	65.6
Others	34.4

Top 5 Winners (%)		%
GOOG	alphabet inc	37.9 %
ORCL	oracle corp	26.5 %
NOC	northrop grumman corp	21.9 %
JNJ	johnson & johnson	21.4 %
TMO	thermo fisher scientific inc	19.6 %

Top 5 Winners ($)		$
GOOG	alphabet inc	88.7 M
AZO	autozone inc	32.3 M
ORCL	oracle corp	30.3 M
TJX	tjx cos inc/the	20.3 M
ROST	ross stores inc	20.0 M

Top 5 Losers (%)		%
FDS	factset research systems inc	-35.8 %
CARR	carrier global corp	-18.4 %
ELV	elevance health inc	-14.7 %
CRM	salesforce inc	-11.5 %
CL	colgate-palmolive co	-10.0 %

Top 5 Losers ($)		$
ELV	elevance health inc	-21.7 M
PM	philip morris international in	-12.9 M
OTIS	otis worldwide corp	-11.2 M
MCO	moody's corp	-10.7 M
CRM	salesforce inc	-7.5 M

Canoe Financial LP Holdings Map

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

Current Stock Holdings of Canoe Financial LP

Canoe Financial LP has 105 stocks in it's portfolio. About 35% of the portfolio is in top 10 stocks. ELV proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Canoe Financial LP last quarter.

Last Reported on: 15 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABNB	airbnb inc	0.01	4,866	590,830	added	34.16

ADBE	adobe inc	0.10	20,266	7,148,830	reduced	-39.54

ADI	analog devices inc	2.26	644,365	158,320,000	reduced	-20.99

AFK	vaneck junior gold miners	0.09	62,571	6,196,410	reduced	-27.1

AGNG	global x uranium etf	0.00	395	47,400	new

AON	aon plc	0.40	79,229	28,251,500	reduced	-8.75

AXP	american express co	2.34	492,943	163,736,000	reduced	-26.68

AZO	autozone inc	3.17	51,746	222,003,000	reduced	-7.45

BIL	spdr s&p oil & gas exp & pr	0.01	4,488	869,632	new

CARR	carrier global corp	0.14	168,903	10,083,500	reduced	-5.22

CB	chubb ltd	0.57	142,451	40,206,800	reduced	-3.02

CHK	expand energy corp	0.32	218,937	22,685,200	reduced	-29.62

CI	cigna corp	0.02	5,433	1,566,060	added	53.09

CL	colgate-palmolive co	0.11	99,646	7,965,700	added	23.25

CME	cme group inc	2.15	556,262	150,296,000	reduced	-3.44

COF	capital one financial corp	1.15	378,889	80,544,200	reduced	-37.5

CP	canadian pacific kansas city ltd	0.00	4,601	342,600	added	2.36

CPRT	copart inc	0.18	279,327	12,561,300	added	11.27

CRM	salesforce inc	0.83	244,683	57,989,900	added	16.37

CVS	cvs health corp	1.83	1,704,610	128,510,000	added	5.73