TPM

Triasima Portfolio Management Portfolio holdings

AUM $740M Turnover 30.77%
1-Year Est. Return 69.74%
This Fund
S&P 500
This Quarter Est. Return
+6.5%
1 Year Est. Return
+69.74%
3 Year Est. Return
+210.44%
5 Year Est. Return
+289.05%
10 Year Est. Return
–
AUM
$661M
AUM Growth
-$6.22M
Cap. Flow
-$24.7M
Cap. Flow %
-3.73%
Top 10 Hldgs %
29.71%
Holding
167
New
24
Increased
64
Reduced
40
Closed
30
Avg Time Held
1.2 years
Top 10 Avg Time Held
1.1 years
Top 20 Avg Time Held
0.9 years

Top Buys

Rank Stock Value
1
TFII icon
TFI International
TFII
+$7.68M
2
BCE icon
BCE
BCE
+$7.51M
3
GRP.U
Granite Real Estate Investment Trust
GRP.U
+$6.89M
4
SPG icon
Simon Property Group
SPG
+$5.99M
5
MFC icon
Manulife Financial
MFC
+$5.52M

Top Sells

Rank Stock Value
1
BN icon
Brookfield
BN
+$14.9M
2
KGC icon
Kinross Gold
KGC
+$8.76M
3
IAG icon
IAMGOLD
IAG
+$8.53M
4
BABA icon
Alibaba
BABA
+$7.57M
5
AVGO icon
Broadcom
AVGO
+$5.73M

Sector Composition

Rank Sector Weight
1 Financials 27.93%
2 Technology 17.61%
3 Materials 11.56%
4 Industrials 10.72%
5 Energy 8.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
RY icon
1
Royal Bank of Canada
RY
$268B
$40.8M 6.16%
253,012
+12,553
+5% +$2.1M
2020 Q4
21 quarters
TD icon
2
Toronto Dominion Bank
TD
$192B
$25.7M 3.89%
276,049
+24,879
+10% +$2.37M
2025 Q2
3 quarters
CM icon
3
Canadian Imperial Bank of Commerce
CM
$100B
$21.8M 3.3%
231,237
+8,548
+4% +$817K
2023 Q4
9 quarters
BMO icon
4
Bank of Montreal
BMO
$114B
$19M 2.87%
140,804
+24,638
+21% +$3.42M
2024 Q4
5 quarters
SHOP icon
5
Shopify
SHOP
$222B
$18.4M 2.78%
155,216
-27,122
-15% -$3.56M
2024 Q4
5 quarters
KGC icon
6
Kinross Gold
KGC
$26.4B
$15.4M 2.34%
506,825
-267,432
-35% -$8.76M
2023 Q3
10 quarters
TIGO icon
7
Millicom
TIGO
$13.5B
$15.3M 2.31%
203,790
+370
+0.2% +$24.3K
2025 Q2
3 quarters
FTS icon
8
Fortis
FTS
$27.9B
$14.3M 2.15%
256,307
+6,216
+2% +$342K
2023 Q1
12 quarters
GOOGL icon
9
Alphabet (Google) Class A
GOOGL
$4.25T
$13.7M 2.08%
47,734
+1,418
+3% +$446K
2023 Q3
10 quarters
PAAS icon
10
Pan American Silver
PAAS
$17.6B
$12.2M 1.84%
223,230
-29,720
-12% -$1.71M
2024 Q4
5 quarters
HBM icon
11
Hudbay
HBM
$10.8B
$12M 1.81%
573,232
-11,736
-2% -$274K
2025 Q3
2 quarters
CCJ icon
12
Cameco
CCJ
$35.5B
$11.8M 1.78%
108,916
+2,152
+2% +$246K
2024 Q4
5 quarters
TJX icon
13
TJX Companies
TJX
$157B
$11.4M 1.73%
71,534
+1,855
+3% +$289K
2023 Q1
12 quarters
TSM icon
14
TSMC
TSM
$2.23T
$11M 1.66%
32,469
-3,741
-10% -$1.29M
2024 Q4
5 quarters
MSFT icon
15
Microsoft
MSFT
$3.96T
$10.7M 1.61%
28,802
+231
+0.8% +$96.7K
2020 Q4
21 quarters
CLS icon
16
Celestica
CLS
$40.8B
$10.5M 1.59%
37,317
-2,589
-6% -$751K
2024 Q1
8 quarters
CIB icon
17
Grupo Cibest SA
CIB
$22.9B
$10.4M 1.58%
143,502
+3,605
+3% +$265K
2025 Q1
4 quarters
IMO icon
18
Imperial Oil
IMO
$62.7B
$9.5M 1.44%
72,745
-11,230
-13% -$1.26M
2025 Q3
2 quarters
FER icon
19
Ferrovial N.V. Ordinary Shares
FER
$36.1B
$9.17M 1.39%
142,355
+13,632
+11% +$918K
2025 Q2
3 quarters
CVE icon
20
Cenovus Energy
CVE
$60.2B
$9.14M 1.38%
345,352
-110,205
-24% -$2.35M
2025 Q3
2 quarters
NVDA icon
21
NVIDIA
NVDA
$5.34T
$9.02M 1.36%
51,705
-18,993
-27% -$3.48M
2020 Q4
21 quarters
WELL icon
22
Welltower
WELL
$167B
$8.94M 1.35%
45,206
+547
+1% +$108K
2024 Q4
5 quarters
BNS icon
23
Scotiabank
BNS
$110B
$8.9M 1.34%
128,680
-1,127
-0.9% -$82.7K
2020 Q4
21 quarters
NVS icon
24
Novartis
NVS
$279B
$8.01M 1.21%
52,470
+2,295
+5% +$352K
2023 Q3
10 quarters
ENB icon
25
Enbridge
ENB
$106B
$7.86M 1.19%
145,470
-84,739
-37% -$4.32M
2020 Q4
21 quarters
1
2 3 4 5

Similar funds

BPC
Bearing Point Capital Bloomington, Minnesota $740M AUM 36.41% 1-Year Est. Return
NCA
Newbrook Capital Advisors New York $741M AUM 78.82% 1-Year Est. Return
CC
Copos Capital Luxembourg $740M AUM
TIP
Torray Investment Partners Bethesda, Maryland $741M AUM 26.16% 1-Year Est. Return
LGA
Lebenthal Global Advisors Hauppauge, New York $741M AUM 22.36% 1-Year Est. Return
SIC
SFE Investment Counsel Los Angeles, California $742M AUM 39.38% 1-Year Est. Return
CPC
Consolidated Planning Corp Atlanta, Georgia $742M AUM 25.54% 1-Year Est. Return
TWM
Tolleson Wealth Management Dallas, Texas $742M AUM 17.39% 1-Year Est. Return

Triasima Portfolio Management's Q1 2026 Portfolio in Review

As of Q1 2026, Triasima Portfolio Management held 167 positions worth $661M, down 0.93% from $668M the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Triasima Portfolio Management withdrew a net $24.7M in Q1 2026, closing 30 positions and reducing 40 holdings. Its most notable exit was Alibaba, an estimated $7.57M position sold in full.

By sector, the portfolio is most concentrated in Financials at 28% of assets, down from 29% a quarter earlier, followed by Technology and Materials.

Against the trend, Triasima Portfolio Management opened a new position in TFI International worth $7.46M.

  • Triasima Portfolio Management's largest Q1 2026 buy was TFI International: 68,741 shares worth $7.46M.
  • Triasima Portfolio Management added most to Manulife Financial in Q1 2026, an estimated $5.52M increase.
  • Triasima Portfolio Management's biggest Q1 2026 reduction was Brookfield, cutting an estimated $14.9M.
  • Triasima Portfolio Management fully exited Alibaba in Q1 2026, selling an estimated $7.57M.
  • Triasima Portfolio Management's ten largest holdings make up 30% of its $661M portfolio in Q1 2026.
  • Triasima Portfolio Management opened 24 new positions and closed 30 in Q1 2026.
  • Triasima Portfolio Management's portfolio value fell 0.93% quarter-over-quarter to $661M.

Based on Triasima Portfolio Management's 13F filing for Q1 2026, filed 24 Apr 2026.