We are live on
!
Find out more
AC
Addenda Capital Portfolio holdings
AUM
$3.68B
1-Year Est. Return
32.88%
This Fund
S&P 500
This Quarter
Est. Return
+5.77%
1 Year Est. Return
+32.88%
3 Year Est. Return
+86.03%
5 Year Est. Return
+93.17%
10 Year Est. Return
+288.23%
AUM
$1.23B
AUM Growth
-$101M
(-7.6%)
Cap. Flow
-$163M
Cap. Flow
% of AUM
-13.27%
Top 10 Holdings %
Top 10 Hldgs %
50.18%
Holding
127
New
6
Increased
29
Reduced
68
Closed
18
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$7.32M |
| 2 |
Restaurant Brands International
QSR
|
+$6.77M |
| 3 |
BCE
BCE
|
+$5.96M |
| 4 |
Nutrien
NTR
|
+$4.22M |
| 5 |
Teck Resources
TECK
|
+$3.23M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Scotiabank
BNS
|
+$89.8M |
| 2 |
Agnico Eagle Mines
AEM
|
+$20.3M |
| 3 |
Apple
AAPL
|
+$13.6M |
| 4 |
Wheaton Precious Metals
WPM
|
+$8.18M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$6.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 30.99% |
| 2 | Energy | 22.27% |
| 3 | Technology | 11.14% |
| 4 | Industrials | 9.74% |
| 5 | Consumer Discretionary | 5.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Toronto Dominion Bank
TD
$198B
| $118M | 9.62% |
2,045,677
-71,286
| -3% | -$4.08M |
|
2
Royal Bank of Canada
RY
$291B
| $94.9M | 7.72% |
1,261,654
-45,210
| -3% | -$3.46M |
|
3
Suncor Energy
SU
$77.7B
| $62.5M | 5.08% |
1,536,736
-47,585
| -3% | -$1.85M |
|
|
4
Canadian Natural Resources
CNQ
$96.9B
| $59.8M | 4.87% |
3,363,770
+432,399
| +15% | +$7.32M |
|
5
Manulife Financial
MFC
$72.6B
| $58.4M | 4.75% |
3,253,890
+52,654
| +2% | +$992K |
|
6
Enbridge
ENB
$124B
| $52.7M | 4.28% |
1,473,774
-46,998
| -3% | -$1.49M |
|
7
Brookfield
BN
$102B
| $52.1M | 4.23% |
3,598,642
-114,996
| -3% | -$1.64M |
|
8
Canadian National Railway
CNI
$78.3B
| $47.2M | 3.84% |
577,847
-18,861
| -3% | -$1.5M |
|
9
TC Energy
TRP
$73.5B
| $39.6M | 3.22% |
905,286
-33,470
| -4% | -$1.42M |
|
10
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $31.7M | 2.58% |
116,549
+4,788
| +4% | +$1.29M |
|
11
Pembina Pipeline
PBA
$29.9B
| $29.8M | 2.42% |
856,336
-34,330
| -4% | -$1.15M |
|
12
CGI
GIB
$13.9B
| $24.6M | 2% |
389,075
-12,533
| -3% | -$754K |
|
13
Rogers Communications
RCI
$17.7B
| $21M | 1.71% |
439,687
-17,236
| -4% | -$810K |
|
14
Canadian Pacific Kansas City
CP
$82B
| $20.7M | 1.69% |
564,885
-18,700
| -3% | -$688K |
|
|
15
Restaurant Brands International
QSR
$25.1B
| $20.5M | 1.67% |
337,194
+118,154
| +54% | +$6.77M |
|
|
WCN
16
Waste Connections
WCN
$42.8B
| $20.2M | 1.64% |
268,602
-8,674
| -3% | -$648K |
|
|
17
Nutrien
NTR
$32.7B
| $17.3M | 1.4% |
315,019
+85,080
| +37% | +$4.22M |
|
18
Franco-Nevada
FNV
$41.4B
| $16M | 1.3% |
219,636
+21,518
| +11% | +$1.52M |
|
19
Ovintiv
OVV
$17.5B
| $14.8M | 1.2% |
226,930
+29,299
| +15% | +$1.84M |
|
20
Methanex
MEOH
$4.32B
| $14.8M | 1.2% |
209,236
-58,866
| -22% | -$3.95M |
|
21
Open Text
OTEX
$5.43B
| $14.7M | 1.2% |
418,938
-12,170
| -3% | -$427K |
|
|
22
Teck Resources
TECK
$29.5B
| $14.7M | 1.2% |
578,694
+120,630
| +26% | +$3.23M |
|
23
Descartes Systems
DSGX
$5.84B
| $14.6M | 1.19% |
448,258
-14,910
| -3% | -$450K |
|
24
Microsoft
MSFT
$2.84T
| $14.6M | 1.18% |
147,669
-9,451
| -6% | -$916K |
|
25
Thermo Fisher Scientific
TMO
$211B
| $13.4M | 1.09% |
65,633
-4,174
| -6% | -$886K |
|
Similar funds
SLG
TGA
EPIM
HIM
BB
MTIM
CAM
GCM
Addenda Capital's Q2 2018 Portfolio in Review
As of Q2 2018, Addenda Capital held 127 positions worth $1.23B, down 7.6% from $1.33B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Addenda Capital withdrew a net $163M in Q2 2018, closing 18 positions and reducing 68 holdings. Its most notable exit was Scotiabank, an estimated $89.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 31% of assets, down from 37% a quarter earlier, followed by Energy and Technology.
Against the trend, Addenda Capital opened a new position in Royal Caribbean worth $2.79M.
- Addenda Capital's largest Q2 2018 buy was Royal Caribbean: 27,618 shares worth $2.79M.
- Addenda Capital added most to Canadian Natural Resources in Q2 2018, an estimated $7.32M increase.
- Addenda Capital's biggest Q2 2018 reduction was Toronto Dominion Bank, cutting an estimated $4.08M.
- Addenda Capital fully exited Scotiabank in Q2 2018, selling an estimated $89.8M.
- Addenda Capital's ten largest holdings make up 50% of its $1.23B portfolio in Q2 2018.
- Addenda Capital opened 6 new positions and closed 18 in Q2 2018.
- Addenda Capital's portfolio value fell 7.6% quarter-over-quarter to $1.23B.
Based on Addenda Capital's 13F filing for Q2 2018, filed 12 Jul 2018.