We are live on ! Find out more
CF

Canoe Financial Portfolio holdings

AUM $8.07B
1-Year Est. Return 25.47%
This Fund
S&P 500
This Quarter Est. Return
+4.97%
1 Year Est. Return
+25.47%
3 Year Est. Return
+76.47%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$4.78B
AUM Growth
-$2.38B
Cap. Flow
-$2.57B
Cap. Flow %
-53.86%
Top 10 Hldgs %
34.03%
Holding
215
New
12
Increased
40
Reduced
43
Closed
112

Top Buys

Rank Stock Value
1
EMR icon
Emerson Electric
EMR
+$60.9M
2
CL icon
Colgate-Palmolive
CL
+$54.4M
3
UNP icon
Union Pacific
UNP
+$49.8M
4
ATS icon
ATS Corp
ATS
+$33.5M
5
CVE icon
Cenovus Energy
CVE
+$19.7M

Top Sells

Rank Stock Value
1
IEF icon
iShares 7-10 Year Treasury Bond ETF
IEF
+$131M
2
CNQ icon
Canadian Natural Resources
CNQ
+$79.7M
3
NXE icon
NexGen Energy
NXE
+$77.4M
4
JCI icon
Johnson Controls International
JCI
+$52M
5
SLB icon
SLB Ltd
SLB
+$37.4M

Sector Composition

Rank Sector Weight
1 Financials 21.78%
2 Healthcare 16.01%
3 Industrials 13.96%
4 Consumer Discretionary 11.96%
5 Materials 9.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DSGX icon
76
Descartes Systems
DSGX
$6.65B
$4.77M 0.1%
59,577
+11,386
+24% +$887K
TFII icon
77
TFI International
TFII
$11.6B
$4.37M 0.09%
38,382
+11,301
+42% +$1.24M
GDX icon
78
VanEck Gold Miners ETF
GDX
$22.5B
$4.35M 0.09%
144,555
-4,117
-3% -$134K
ENB icon
79
Enbridge
ENB
$121B
$3.62M 0.08%
97,447
– –
GRP.U
80
DELISTED
Granite Real Estate Investment Trust
GRP.U
$3.3M 0.07%
55,709
+7,686
+16% +$464K
TRP icon
81
TC Energy
TRP
$70.2B
$3.23M 0.07%
+79,860
New +$3.26M
OTEX icon
82
Open Text
OTEX
$6.22B
$3.21M 0.07%
77,215
-30,600
-28% -$1.23M
BMO icon
83
Bank of Montreal
BMO
$124B
$3.17M 0.07%
35,105
-2,700
-7% -$239K
FSV icon
84
FirstService
FSV
$6.62B
$3.04M 0.06%
19,742
+3,409
+21% +$496K
BN icon
85
Brookfield
BN
$102B
$2.76M 0.06%
+122,768
New +$2.6M
NTR icon
86
Nutrien
NTR
$33.7B
$2.72M 0.06%
+46,126
New +$2.94M
FTS icon
87
Fortis
FTS
$29.4B
$2.7M 0.06%
62,536
– –
AGI icon
88
Alamos Gold
AGI
$12B
$2.63M 0.06%
220,592
-33,401
-13% -$425K
RGLD icon
89
Royal Gold
RGLD
$16.5B
$2.51M 0.05%
21,825
+4,269
+24% +$549K
WCN
90
Waste Connections
WCN
$43.5B
$2.37M 0.05%
16,600
– –
SU icon
91
Suncor Energy
SU
$77.5B
$2.03M 0.04%
69,211
-437,300
-86% -$13.1M
CM icon
92
Canadian Imperial Bank of Commerce
CM
$107B
$1.9M 0.04%
44,600
+1,800
+4% +$76K
ERF
93
DELISTED
Enerplus Corporation
ERF
$1.65M 0.03%
113,643
-36,307
-24% -$529K
ERO icon
94
Ero Copper
ERO
$2.65B
$1.39M 0.03%
68,561
-15,533
-18% -$294K
IMO icon
95
Imperial Oil
IMO
$62.1B
$1.31M 0.03%
+25,500
New +$1.27M
AQN icon
96
Algonquin Power & Utilities
AQN
$4.61B
$1.27M 0.03%
153,043
– –
TECK icon
97
Teck Resources
TECK
$28.4B
$931K 0.02%
22,120
– –
SPY icon
98
State Street SPDR S&P 500 ETF Trust
SPY
$779B
$919K 0.02%
+10,125
New +$4.25M
BAM icon
99
Brookfield Asset Management
BAM
$75.3B
$668K 0.01%
20,461
– –
KGC icon
100
Kinross Gold
KGC
$27.7B
$421K 0.01%
+88,141
New +$440K
1 2 3
4
5

Similar funds

FIA
Foundations Investment Advisors Phoenix, Arizona $8.07B AUM 24.97% 1-Year Est. Return
VIM
Vinva Investment Management Sydney, Australia $8.07B AUM 29.46% 1-Year Est. Return
MAM
Madison Asset Management Madison, Wisconsin $8.06B AUM 11.81% 1-Year Est. Return
AIM
Allen Investment Management New York $8.09B AUM 16.78% 1-Year Est. Return
FMI
Fiduciary Management Inc Milwaukee, Wisconsin $8.06B AUM 6.78% 1-Year Est. Return
CCM
Coldstream Capital Management Bellevue, Washington $8.12B AUM 17.95% 1-Year Est. Return
WA
Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.85% 1-Year Est. Return
MT
Midwest Trust Overland Park, Kansas $8.02B AUM 23.54% 1-Year Est. Return

Canoe Financial's Q2 2023 Portfolio in Review

As of Q2 2023, Canoe Financial held 215 positions worth $4.78B, down 33% from $7.16B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Canoe Financial withdrew a net $2.57B in Q2 2023, closing 112 positions and reducing 43 holdings. Its most notable exit was iShares 7-10 Year Treasury Bond ETF, an estimated $131M position sold in full.

By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 14% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Canoe Financial opened a new position in Emerson Electric worth $65.4M.

  • Canoe Financial's largest Q2 2023 buy was Emerson Electric: 723,491 shares worth $65.4M.
  • Canoe Financial added most to Colgate-Palmolive in Q2 2023, an estimated $54.4M increase.
  • Canoe Financial's biggest Q2 2023 reduction was Canadian Natural Resources, cutting an estimated $79.7M.
  • Canoe Financial fully exited iShares 7-10 Year Treasury Bond ETF in Q2 2023, selling an estimated $131M.
  • Canoe Financial's ten largest holdings make up 34% of its $4.78B portfolio in Q2 2023.
  • Canoe Financial opened 12 new positions and closed 112 in Q2 2023.
  • Canoe Financial's portfolio value fell 33% quarter-over-quarter to $4.78B.

Based on Canoe Financial's 13F filing for Q2 2023, filed 10 Aug 2023.