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
+2%
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
$2.7B
AUM Growth
-$129M
Cap. Flow
-$83.3M
Cap. Flow %
-3.08%
Top 10 Hldgs %
38.7%
Holding
124
New
1
Increased
26
Reduced
95
Closed
1

Top Buys

Rank Stock Value
1
AEM icon
Agnico Eagle Mines
AEM
+$54.9M
2
NVDA icon
NVIDIA
NVDA
+$10M
3
CCJ icon
Cameco
CCJ
+$9.49M
4
WAB icon
Wabtec
WAB
+$5.12M
5
ADBE icon
Adobe
ADBE
+$2.09M

Top Sells

Rank Stock Value
1
WPM icon
Wheaton Precious Metals
WPM
+$27.1M
2
TECK icon
Teck Resources
TECK
+$11.1M
3
BNS icon
Scotiabank
BNS
+$9.44M
4
NTR icon
Nutrien
NTR
+$9.03M
5
AKAM icon
Akamai
AKAM
+$8.83M

Sector Composition

Rank Sector Weight
1 Financials 26.74%
2 Technology 15.19%
3 Energy 14.16%
4 Materials 13.39%
5 Industrials 12.72%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BN icon
1
Brookfield
BN
$104B
$126M 4.66%
2,507,547
-225,356
-8% -$8.52M
TD icon
2
Toronto Dominion Bank
TD
$198B
$115M 4.23%
1,328,052
-61,108
-4% -$3.56M
RY icon
3
Royal Bank of Canada
RY
$291B
$113M 4.2%
699,873
-60,117
-8% -$7.08M
AEM icon
4
Agnico Eagle Mines
AEM
$73.6B
$111M 4.11%
713,237
+574,420
+414% +$54.9M
SHOP icon
5
Shopify
SHOP
$152B
$109M 4.04%
798,607
-71,262
-8% -$7.77M
WPM icon
6
Wheaton Precious Metals
WPM
$49.5B
$102M 3.78%
915,735
-406,100
-31% -$27.1M
CNQ icon
7
Canadian Natural Resources
CNQ
$99.4B
$95.9M 3.55%
2,135,687
-191,800
-8% -$5.81M
BMO icon
8
Bank of Montreal
BMO
$126B
$95.2M 3.52%
692,967
-67,647
-9% -$6.69M
ENB icon
9
Enbridge
ENB
$119B
$93.9M 3.47%
1,475,038
-122,179
-8% -$5.32M
CP icon
10
Canadian Pacific Kansas City
CP
$78.1B
$84.8M 3.14%
838,197
-11,391
-1% -$867K
BNS icon
11
Scotiabank
BNS
$107B
$67.4M 2.49%
987,155
-188,091
-16% -$9.44M
AGI icon
12
Alamos Gold
AGI
$11.6B
$66.6M 2.46%
1,732,010
-158,920
-8% -$3.58M
TRP icon
13
TC Energy
TRP
$70.2B
$65.6M 2.43%
953,029
-81,468
-8% -$3.8M
CNI icon
14
Canadian National Railway
CNI
$76.9B
$60.4M 2.23%
430,968
-24,233
-5% -$2.45M
MFC icon
15
Manulife Financial
MFC
$73.9B
$60.2M 2.23%
1,343,263
-80,121
-6% -$2.42M
WCN
16
Waste Connections
WCN
$42.2B
$55.1M 2.04%
196,441
-12,537
-6% -$2.32M
GIB icon
17
CGI
GIB
$15.1B
$51.7M 1.91%
359,927
-21,510
-6% -$2.36M
SU icon
18
Suncor Energy
SU
$79.4B
$45.2M 1.67%
811,534
-65,012
-7% -$2.48M
CCJ icon
19
Cameco
CCJ
$37.6B
$43.2M 1.6%
729,527
+201,673
+38% +$9.49M
CM icon
20
Canadian Imperial Bank of Commerce
CM
$108B
$37.2M 1.38%
454,349
-90,661
-17% -$5.47M
MSFT icon
21
Microsoft
MSFT
$3.45T
$36.6M 1.35%
97,559
-572
-0.6% -$233K
AAPL icon
22
Apple
AAPL
$4.54T
$32.9M 1.22%
148,082
-2,464
-2% -$571K
QSR icon
23
Restaurant Brands International
QSR
$25.7B
$32M 1.18%
329,889
-35,913
-10% -$2.32M
PBA icon
24
Pembina Pipeline
PBA
$28.4B
$31.6M 1.17%
548,465
-55,954
-9% -$2.1M
AVGO icon
25
Broadcom
AVGO
$1.85T
$29.1M 1.08%
173,688
-37,692
-18% -$7.98M
1
2 3 4 5

Similar funds

SLG
Silver Lake Group Menlo Park, California $3.68B AUM 7.22% 1-Year Est. Return
TGA
TPG GP A Fort Worth, Texas $3.68B AUM 14.99% 1-Year Est. Return
EPIM
Evelyn Partners Investment Management London $3.68B AUM 21.15% 1-Year Est. Return
HIM
Hillsdale Investment Management Toronto, Ontario, Canada $3.68B AUM 62.12% 1-Year Est. Return
BB
Busey Bank Urbana, Illinois $3.68B AUM 26.6% 1-Year Est. Return
MTIM
Marathon Trading Investment Management Radnor, Pennsylvania $3.67B AUM 21.97% 1-Year Est. Return
CAM
Close Asset Management London, United Kingdom $3.69B AUM 21.62% 1-Year Est. Return
GCM
Gates Capital Management New York $3.66B AUM 12.63% 1-Year Est. Return

Addenda Capital's Q1 2025 Portfolio in Review

As of Q1 2025, Addenda Capital held 124 positions worth $2.7B, down 4.5% from $2.83B the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Addenda Capital withdrew a net $83.3M in Q1 2025, closing 1 position and reducing 95 holdings. Its most notable exit was Akamai, an estimated $8.83M position sold in full.

By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 28% a quarter earlier, followed by Technology and Energy.

Against the trend, Addenda Capital opened a new position in Kinross Gold worth $466K.

  • Addenda Capital's largest Q1 2025 buy was Kinross Gold: 25,730 shares worth $466K.
  • Addenda Capital added most to Agnico Eagle Mines in Q1 2025, an estimated $54.9M increase.
  • Addenda Capital's biggest Q1 2025 reduction was Wheaton Precious Metals, cutting an estimated $27.1M.
  • Addenda Capital fully exited Akamai in Q1 2025, selling an estimated $8.83M.
  • Addenda Capital's ten largest holdings make up 39% of its $2.7B portfolio in Q1 2025.
  • Addenda Capital opened 1 new position and closed 1 in Q1 2025.
  • Addenda Capital's portfolio value fell 4.5% quarter-over-quarter to $2.7B.

Based on Addenda Capital's 13F filing for Q1 2025, filed 9 Apr 2025.