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OCAM
Onex Canada Asset Management Portfolio holdings
AUM
$601M
1-Year Est. Return
15.16%
This Fund
S&P 500
This Quarter
Est. Return
+8.45%
1 Year Est. Return
+15.16%
3 Year Est. Return
+65.86%
5 Year Est. Return
+86.5%
10 Year Est. Return
+314.47%
AUM
$1.65B
AUM Growth
-$184M
(-10%)
Cap. Flow
-$308M
Cap. Flow
% of AUM
-18.62%
Top 10 Holdings %
Top 10 Hldgs %
26.54%
Holding
149
New
3
Increased
10
Reduced
110
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
GSK
GSK
|
+$7.96M |
| 2 |
NRG Energy
NRG
|
+$6.35M |
| 3 |
RB Global
RBA
|
+$6.2M |
| 4 |
Dollar General
DG
|
+$3.51M |
| 5 |
Burford Capital
BUR
|
+$3.35M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Open Text
OTEX
|
+$19.4M |
| 2 |
Algonquin Power & Utilities
AQN
|
+$15M |
| 3 |
Shopify
SHOP
|
+$13.6M |
| 4 |
Bank of Montreal
BMO
|
+$13.5M |
| 5 |
Enbridge
ENB
|
+$13.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 29.62% |
| 2 | Technology | 16.84% |
| 3 | Industrials | 10.46% |
| 4 | Energy | 9.42% |
| 5 | Communication Services | 7.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Aon
AON
$77.8B
| $48.5M | 2.94% |
140,468
-12,241
| -8% | -$3.98M |
|
|
2
Enbridge
ENB
$121B
| $48.3M | 2.92% |
1,299,447
-351,549
| -21% | -$13.4M |
|
3
Toronto Dominion Bank
TD
$198B
| $47.7M | 2.89% |
769,415
-184,556
| -19% | -$11.1M |
|
4
Apollo Global Management
APO
$69.3B
| $45.3M | 2.74% |
589,549
-45,938
| -7% | -$3.07M |
|
5
Microsoft
MSFT
$3.35T
| $43.8M | 2.65% |
128,653
-24,431
| -16% | -$7.66M |
|
|
6
Open Text
OTEX
$6.15B
| $43.6M | 2.64% |
1,049,306
-484,249
| -32% | -$19.4M |
|
7
Royal Bank of Canada
RY
$292B
| $43.2M | 2.62% |
452,723
-57,193
| -11% | -$5.46M |
|
8
Apple
AAPL
$4.9T
| $42.5M | 2.57% |
218,851
-35,984
| -14% | -$6.27M |
|
|
9
Shopify
SHOP
$159B
| $38.7M | 2.34% |
598,162
-240,516
| -29% | -$13.6M |
|
10
Brookfield
BN
$103B
| $36.8M | 2.23% |
1,641,501
-396,539
| -19% | -$8.4M |
|
11
S&P Global
SPGI
$122B
| $32.9M | 1.99% |
82,050
-3,113
| -4% | -$1.14M |
|
|
MRSH
12
Marsh
MRSH
$91.4B
| $32.5M | 1.96% |
172,540
-27,085
| -14% | -$4.81M |
|
13
Meta Platforms (Facebook)
META
$1.37T
| $31M | 1.88% |
108,134
-12,960
| -11% | -$3.2M |
|
|
14
Bank of Montreal
BMO
$125B
| $31M | 1.87% |
342,847
-152,654
| -31% | -$13.5M |
|
15
Alight
ALIT
$481M
| $28.1M | 1.7% |
151,926
-1,964
| -1% | -$349K |
|
16
Suncor Energy
SU
$78.8B
| $27.8M | 1.68% |
947,616
-227,733
| -19% | -$6.81M |
|
17
Manulife Financial
MFC
$74B
| $27.7M | 1.68% |
1,464,310
-369,624
| -20% | -$7.06M |
|
18
BCE
BCE
$20.2B
| $26.5M | 1.61% |
582,255
-167,261
| -22% | -$7.79M |
|
19
Alphabet (Google) Class A
GOOGL
$4.08T
| $25.5M | 1.55% |
213,421
-42,685
| -17% | -$4.91M |
|
20
Brookfield Infrastructure Partners
BIP
$19.5B
| $24.3M | 1.47% |
664,428
-195,025
| -23% | -$6.95M |
|
|
21
Algonquin Power & Utilities
AQN
$4.6B
| $24M | 1.45% |
2,900,882
-1,765,871
| -38% | -$15M |
|
|
WCN
22
Waste Connections
WCN
$41.9B
| $23.7M | 1.43% |
165,575
-39,548
| -19% | -$5.52M |
|
23
Canadian Pacific Kansas City
CP
$77.5B
| $23.1M | 1.4% |
286,427
-67,401
| -19% | -$5.32M |
|
24
Amazon
AMZN
$2.53T
| $22.8M | 1.38% |
174,943
-25,399
| -13% | -$2.9M |
|
25
FirstService
FSV
$6.65B
| $21.5M | 1.3% |
139,879
-32,216
| -19% | -$4.68M |
|
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Onex Canada Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Onex Canada Asset Management held 149 positions worth $1.65B, down 10% from $1.84B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Onex Canada Asset Management withdrew a net $308M in Q2 2023, closing 9 positions and reducing 110 holdings. Its most notable exit was Cameco, an estimated $4.26M position sold in full.
By sector, the portfolio is most concentrated in Financials at 30% of assets, up from 29% a quarter earlier, followed by Technology and Industrials.
Against the trend, Onex Canada Asset Management opened a new position in GSK worth $3.92M.
- Onex Canada Asset Management's largest Q2 2023 buy was GSK: 222,000 shares worth $3.92M.
- Onex Canada Asset Management added most to RB Global in Q2 2023, an estimated $6.2M increase.
- Onex Canada Asset Management's biggest Q2 2023 reduction was Open Text, cutting an estimated $19.4M.
- Onex Canada Asset Management fully exited Cameco in Q2 2023, selling an estimated $4.26M.
- Onex Canada Asset Management's ten largest holdings make up 27% of its $1.65B portfolio in Q2 2023.
- Onex Canada Asset Management opened 3 new positions and closed 9 in Q2 2023.
- Onex Canada Asset Management's portfolio value fell 10% quarter-over-quarter to $1.65B.
Based on Onex Canada Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.