Q3 2025 · 13F-HR
BAROMETER CAPITAL MANAGEMENT INC.holdings as filed
Filed 2025-11-13 · accession 0001104659-25-111067
$437.3M
Reported value
173
Positions
2025-09-30
Period end
The Brief · BAROMETER CAPITAL MANAGEMENT INC. · Q3 2025
AI · grounded in 13F
Barometer Capital Management Inc. established a new position in Agnico Eagle Mines Ltd AEM worth $19.3M. The fund also initiated new stakes in Bank of Montreal BMO for $17.9M and Cameco Corp CCJ for $17.4M. Additional new positions include Banco Santander SA SAN and Imperial Oil Ltd IMO.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 008474108 | AEM | Agnico Eagle Mines Ltd | $19.3M | 4.41% | 82,328 | Common | SOLE |
| 063671101 | BMO | Bank of Montreal | $17.9M | 4.08% | 99,522 | Common | SOLE |
| 13321L108 | CCJ | Cameco Corp | $17.4M | 3.97% | 148,700 | Common | SOLE |
| 05964H105 | SAN | Banco Santander SA | $17.3M | 3.95% | 1,671,913 | Common | SOLE |
| 453038408 | IMO | Imperial Oil Ltd | $15.9M | 3.63% | 125,892 | Common | SOLE |
| 011532108 | AGI | Alamos Gold Inc | $14.6M | 3.34% | 301,000 | Common | SOLE |
| 36828A101 | GEV | GE Vernova Inc | $14.1M | 3.22% | 22,887 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $13.9M | 3.19% | 74,722 | Common | SOLE |
| 443201108 | HWM | Howmet Aerospace Inc | $13.9M | 3.17% | 70,630 | Common | SOLE |
| 443628102 | HBM | Hudbay Minerals Inc | $13.6M | 3.10% | 642,850 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc | $13.2M | 3.01% | 54,115 | Common | SOLE |
| 962879102 | WPM | Wheaton Precious Metals Corp | $13.1M | 3.00% | 84,150 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co | $13.0M | 2.96% | 41,278 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc | $11.4M | 2.61% | 15,557 | Common | SOLE |
| 369604301 | GE | General Electric Co | $10.4M | 2.38% | 34,538 | Common | SOLE |
| 780087102 | RY | Royal Bank of Canada | $9.9M | 2.26% | 48,639 | Common | SOLE |
| 867224107 | SU | Suncor Energy Inc | $9.3M | 2.12% | 159,140 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $9.0M | 2.05% | 17,333 | Common | SOLE |
| 617446448 | MS | Morgan Stanley | $8.4M | 1.93% | 53,447 | Common | SOLE |
| 15101Q207 | CLS | Celestica Inc | $8.2M | 1.88% | 23,963 | Common | SOLE |
| 16411R208 | LNG | Cheniere Energy Inc | $7.1M | 1.63% | 30,330 | Common | SOLE |
| 75513E101 | RTX | RTX Corp | $7.1M | 1.63% | 42,478 | Common | SOLE |
| 697900108 | PAAS | Pan American Silver Corp | $7.1M | 1.62% | 131,300 | Common | SOLE |
| 85472N109 | STN | Stantec Inc | $7.1M | 1.61% | 46,990 | Common | SOLE |
| 149123101 | CAT | Caterpillar Inc | $5.9M | 1.35% | 12,400 | Common | SOLE |
| 81141R100 | SE | Sea Ltd | $5.7M | 1.31% | 31,990 | Common | SOLE |
| 91332U101 | U | Unity Software Inc | $5.3M | 1.21% | 131,722 | Common | SOLE |
| 512807306 | LRCX | Lam Research Corp | $4.7M | 1.08% | 35,210 | Common | SOLE |
| 29082A107 | EMBJ | Embraer SA | $4.7M | 1.07% | 77,230 | Common | SOLE |
| 285512109 | EA | Electronic Arts Inc | $4.5M | 1.03% | 22,326 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc | $4.3M | 0.99% | 13,063 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $4.3M | 0.97% | 62,650 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $4.2M | 0.97% | 60,280 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc | $4.2M | 0.96% | 3,507 | Common | SOLE |
| 715684106 | TLK | Telkom Indonesia Persero Tbk PT | $4.2M | 0.96% | 223,200 | Common | SOLE |
| 36165L108 | GDS | GDS Holdings Ltd | $3.6M | 0.83% | 93,600 | Common | SOLE |
| 874054109 | TTWO | Take-Two Interactive Software Inc | $3.3M | 0.75% | 12,623 | Common | SOLE |
| 496902404 | KGC | Kinross Gold Corp | $3.0M | 0.68% | 86,050 | Common | SOLE |
| 413216300 | HMY | Harmony Gold Mining Co Ltd | $2.2M | 0.51% | 122,519 | Common | SOLE |
| 925050106 | VRNA | Verona Pharma PLC | $2.1M | 0.48% | 19,500 | Common | SOLE |
| 05464C101 | AXON | Axon Enterprise Inc | $2.0M | 0.46% | 2,832 | Common | SOLE |
| 204448104 | BVN | Cia de Minas Buenaventura SAA | $2.0M | 0.45% | 80,922 | Common | SOLE |
| 980228308 | WDS | Woodside Energy Group Ltd | $1.9M | 0.44% | 129,306 | Common | SOLE |
| 98422D105 | XPEV | XPeng Inc | $1.9M | 0.44% | 82,800 | Common | SOLE |
| 06738E204 | BCS | Barclays PLC | $1.6M | 0.36% | 77,165 | Common | SOLE |
| 38059T106 | GFI | Gold Fields Ltd | $1.5M | 0.35% | 36,346 | Common | SOLE |
| 98887Q104 | ZLAB | Zai Lab Ltd | $1.4M | 0.32% | 41,900 | Common | SOLE |
| 36118L106 | FUTU | Futu Holdings Ltd | $1.3M | 0.31% | 7,708 | Common | SOLE |
| 82982T106 | SITM | SiTime Corp | $1.3M | 0.30% | 4,300 | Common | SOLE |
| 056752108 | BIDU | Baidu Inc | $1.3M | 0.29% | 9,665 | Common | SOLE |
| 093712107 | BE | Bloom Energy Corp | $1.3M | 0.29% | 15,000 | Common | SOLE |
| 85207H104 | PHYS | Sprott Physical Gold Trust | $1.2M | 0.28% | 36,200 | Common | SOLE |
| 88034P109 | TME | Tencent Music Entertainment Group | $1.2M | 0.28% | 52,700 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | $1.2M | 0.28% | 4,403 | Common | SOLE |
| 05946K101 | BBVA | Banco Bilbao Vizcaya Argentaria SA | $1.2M | 0.28% | 63,763 | Common | SOLE |
| 059460303 | BBD | Banco Bradesco SA | $1.2M | 0.27% | 357,600 | Common | SOLE |
| G0378L100 | AU | Anglogold Ashanti Plc | $1.1M | 0.26% | 15,900 | Common | SOLE |
| 639057207 | NWG | NatWest Group PLC | $1.1M | 0.25% | 77,724 | Common | SOLE |
| 45857P806 | IHG | InterContinental Hotels Group PLC | $1.1M | 0.25% | 8,848 | Common | SOLE |
| 23703Q203 | DQ | Daqo New Energy Corp | $1.1M | 0.24% | 37,900 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $1.0M | 0.23% | 16,125 | Common | SOLE |
| 404280406 | HSBC | HSBC Holdings PLC | $1.0M | 0.23% | 14,480 | Common | SOLE |
| 86562M209 | SMFG | Sumitomo Mitsui Financial Group Inc | $1.0M | 0.23% | 60,054 | Common | SOLE |
| 948596101 | WB | Weibo Corp | $978,360 | 0.22% | 78,900 | Common | SOLE |
| 36315X101 | LKFT | Galapagos NV | $956,653 | 0.22% | 27,617 | Common | SOLE |
| 29278D105 | ENIC | Enel Chile SA | $954,614 | 0.22% | 245,402 | Common | SOLE |
| 372303206 | GMAB | Genmab A/S | $948,838 | 0.22% | 30,937 | Common | SOLE |
| 48241A105 | KB | KB Financial Group Inc | $940,449 | 0.22% | 11,343 | Common | SOLE |
| H42097107 | UBS | UBS Group AG | $934,349 | 0.21% | 22,789 | Common | SOLE |
| 606822104 | MUFG | Mitsubishi UFJ Financial Group Inc | $932,490 | 0.21% | 58,500 | Common | SOLE |
| 46438F101 | IBIT | iShares Bitcoin Trust ETF | $903,500 | 0.21% | 13,900 | Common | SOLE |
| 500631106 | KEP | Korea Electric Power Corp | $883,681 | 0.20% | 67,715 | Common | SOLE |
| 358029106 | FMS | Fresenius Medical Care AG | $863,624 | 0.20% | 32,800 | Common | SOLE |
| 40049J206 | TV | Grupo Televisa SAB | $861,876 | 0.20% | 320,400 | Common | SOLE |
| 770700102 | HOOD | Robinhood Markets Inc | $859,080 | 0.20% | 6,000 | Common | SOLE |
| 92857W308 | VOD | Vodafone Group PLC | $853,760 | 0.20% | 73,600 | Common | SOLE |
| 647581206 | EDU | New Oriental Education & Technology Group Inc | $849,120 | 0.19% | 16,000 | Common | SOLE |
| 20441A102 | SBS | Cia de Saneamento Basico do Estado de Sao Paulo SABESP | $838,793 | 0.19% | 33,700 | Common | SOLE |
| 35671D857 | FCX | Freeport-McMoRan Inc | $830,055 | 0.19% | 21,240 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $797,335 | 0.18% | 6,650 | Common | SOLE |
| 04351P101 | ASNDUSD | Ascendis Pharma A/S | $776,155 | 0.18% | 3,904 | Common | SOLE |
| 47215P106 | JD | JD.com Inc | $755,568 | 0.17% | 21,600 | Common | SOLE |
| 88557W101 | QFIN | Qfin Holdings Inc | $752,252 | 0.17% | 26,138 | Common | SOLE |
| 91912E105 | VALE | Vale SA | $750,426 | 0.17% | 69,100 | Common | SOLE |
| 87936R205 | VIV | Telefonica Brasil SA | $725,564 | 0.17% | 57,100 | Common | SOLE |
| 833635105 | SQM | Sociedad Quimica y Minera de Chile SA | $713,468 | 0.16% | 16,600 | Common | SOLE |
| 279158109 | EC | Ecopetrol SA | $711,012 | 0.16% | 77,200 | Common | SOLE |
| 064149107 | BNS | Bank of Nova Scotia/The | $698,786 | 0.16% | 7,860 | Common | SOLE |
| 981064108 | WF | Woori Financial Group Inc | $696,260 | 0.16% | 12,400 | Common | SOLE |
| 316841105 | FIG | Figma Inc | $684,684 | 0.16% | 13,200 | Common | SOLE |
| 389638107 | ETHE | Grayscale Ethereum Trust ETF | $637,422 | 0.15% | 18,600 | Common | SOLE |
| 697660207 | PAM | Pampa Energia SA | $630,630 | 0.14% | 10,500 | Common | SOLE |
| 759530108 | RELX | RELX PLC | $601,776 | 0.14% | 12,600 | Common | SOLE |
| 92937A102 | WPP | WPP PLC | $598,208 | 0.14% | 24,400 | Common | SOLE |
| 58039P305 | MUX | McEwen Inc | $596,250 | 0.14% | 25,000 | Common | SOLE |
| 54975P201 | LU | Lufax Holding Ltd | $582,610 | 0.13% | 143,500 | Common | SOLE |
| 85207K107 | PSLV | Sprott Physical Silver Trust | $580,900 | 0.13% | 37,000 | Common | SOLE |
| 78464A755 | XME | State Street SPDR S&P Metals & Mining ETF | $577,778 | 0.13% | 6,200 | Common | SOLE |
| 803054204 | SAP | SAP SE | $574,502 | 0.13% | 2,150 | Common | SOLE |
| 22113B103 | CSAN | Cosan SA | $559,820 | 0.13% | 121,700 | Common | SOLE |
| 05961W105 | BMA | Banco Macro SA | $528,595 | 0.12% | 12,571 | Common | SOLE |
| 984245100 | YPF | YPF SA | $517,377 | 0.12% | 21,300 | Common | SOLE |
| 803866300 | SSL | Sasol Ltd | $513,903 | 0.12% | 82,621 | Common | SOLE |
| 37954Y848 | SIL | Global X Silver Miners ETF | $472,758 | 0.11% | 6,600 | Common | SOLE |
| 81369Y605 | XLF | Financial Select Sector SPDR Fund | $470,824 | 0.11% | 8,740 | Common | SOLE |
| 85210B102 | SGDM | Sprott Gold Miners ETF | $465,000 | 0.11% | 7,500 | Common | SOLE |
| 464286822 | EWW | iShares MSCI Mexico ETF | $463,828 | 0.11% | 6,800 | Common | SOLE |
| 20440W105 | SID | Cia Siderurgica Nacional SA | $447,689 | 0.10% | 298,459 | Common | SOLE |
| 47109U104 | JOF | Japan Smaller Capitalization Fund Inc | $444,032 | 0.10% | 42,500 | Common | SOLE |
| 46434V449 | IMTM | iShares MSCI Intl Momentum Factor ETF | $435,708 | 0.10% | 9,100 | Common | SOLE |
| 97651M109 | WIT | Wipro Ltd | $428,953 | 0.10% | 163,100 | Common | SOLE |
| 85208P501 | COPJ | Sprott Junior Copper Miners ETF | $420,156 | 0.10% | 13,200 | Common | SOLE |
| 26922A420 | QTUM | Defiance Quantum ETF | $398,658 | 0.09% | 3,800 | Common | SOLE |
| 464289180 | EUFN | iShares MSCI Europe Financials ETF | $393,193 | 0.09% | 11,450 | Common | SOLE |
| 92189F791 | GDXJ | VanEck Junior Gold Miners ETF | $386,217 | 0.09% | 3,900 | Common | SOLE |
| 46434G863 | ESGE | iShares ESG Aware MSCI EM ETF | $382,096 | 0.09% | 8,800 | Common | SOLE |
| 46429B671 | MCHI | iShares MSCI China ETF | $381,930 | 0.09% | 5,800 | Common | SOLE |
| 464287234 | EEM | iShares MSCI Emerging Markets ETF | $379,140 | 0.09% | 7,100 | Common | SOLE |
| 136069101 | CM | Canadian Imperial Bank of Commerce | $378,559 | 0.09% | 3,404 | Common | SOLE |
| 922042775 | VEU | Vanguard FTSE All-World ex-US ETF | $371,124 | 0.08% | 5,200 | Common | SOLE |
| 84858T772 | EUAD | Select STOXX Europe Aerospace & Defense ETF | $371,063 | 0.08% | 7,900 | Common | SOLE |
| 46434G780 | EWS | iShares MSCI Singapore ETF | $365,586 | 0.08% | 12,900 | Common | SOLE |
| 464286764 | EWP | iShares MSCI Spain ETF | $351,450 | 0.08% | 7,100 | Common | SOLE |
| 37954Y830 | COPX | Global X Copper Miners ETF | $350,487 | 0.08% | 5,860 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF Trust | $349,745 | 0.08% | 525 | Common | SOLE |
| 464286780 | EZA | iShares MSCI South Africa ETF | $320,500 | 0.07% | 5,000 | Common | SOLE |
| 46434G772 | EWT | iShares MSCI Taiwan ETF | $318,100 | 0.07% | 5,000 | Common | SOLE |
| 464288430 | AIA | iShares Asia 50 ETF | $312,180 | 0.07% | 3,300 | Common | SOLE |
| 92189F601 | NLR | VanEck Uranium and Nuclear ETF | $311,995 | 0.07% | 2,300 | Common | SOLE |
| 33738R506 | RDVY | First Trust Rising Dividend Achievers ETF | $295,272 | 0.07% | 4,390 | Common | SOLE |
| 33737J158 | FJP | First Trust Japan AlphaDEX Fund | $293,243 | 0.07% | 4,500 | Common | SOLE |
| 464289842 | EPU | iShares MSCI Peru and Global Exposure ETF | $289,050 | 0.07% | 4,700 | Common | SOLE |
| 01609W102 | BABA | Alibaba Group Holding Ltd | $286,683 | 0.07% | 1,604 | Common | SOLE |
| 37954Y871 | URA | Global X Uranium ETF | $277,917 | 0.06% | 5,830 | Common | SOLE |
| 89677Q107 | TCOM | Trip.com Group Ltd | $265,231 | 0.06% | 3,527 | Common | SOLE |
| 46434G822 | EWJ | iShares MSCI Japan ETF | $264,693 | 0.06% | 3,300 | Common | SOLE |
| 60687Y109 | MFG | Mizuho Financial Group Inc | $248,383 | 0.06% | 37,072 | Common | SOLE |
| 46434V621 | DGRO | iShares Core Dividend Growth ETF | $245,088 | 0.06% | 3,600 | Common | SOLE |
| 464287861 | IEV | iShares Europe ETF | $235,728 | 0.05% | 3,600 | Common | SOLE |
| 00768Y206 | AADR | AdvisorShares Dorsey Wright ADR ETF | $234,252 | 0.05% | 2,700 | Common | SOLE |
| 35969L108 | YMM | Full Truck Alliance Co Ltd | $231,932 | 0.05% | 18,017 | Common | SOLE |
| 464288448 | IDV | iShares International Select Dividend ETF | $230,265 | 0.05% | 6,300 | Common | SOLE |
| 464287390 | ILF | iShares Latin America 40 ETF | $228,231 | 0.05% | 7,900 | Common | SOLE |
| 40090E106 | CIB | Grupo Cibest SA | $213,682 | 0.05% | 4,114 | Common | SOLE |
| 37954Y855 | LIT | Global X Lithium & Battery Tech ETF | $193,290 | 0.04% | 3,400 | Common | SOLE |
| 82706C108 | SIMO | Silicon Motion Technology Corp | $193,034 | 0.04% | 2,036 | Common | SOLE |
| 464286608 | EZU | iShares MSCI Eurozone ETF | $192,014 | 0.04% | 3,100 | Common | SOLE |
| 399909100 | GGAL | Grupo Financiero Galicia SA | $189,291 | 0.04% | 6,884 | Common | SOLE |
| 29260V105 | DAVA | Endava PLC | $182,000 | 0.04% | 20,000 | Common | SOLE |
| 464288760 | ITA | iShares U.S. Aerospace & Defense ETF | $165,316 | 0.04% | 790 | Common | SOLE |
| 92204A702 | VGT | Vanguard Information Technology ETF | $156,793 | 0.04% | 210 | Common | SOLE |
| N07059210 | ASML | ASML Holding NV | $156,553 | 0.04% | 162 | Common | SOLE |
| 03938L203 | MT | ArcelorMittal SA | $154,325 | 0.04% | 4,269 | Common | SOLE |
| 78464A771 | KCE | State Street SPDR S&P Capital Markets ETF | $152,850 | 0.03% | 1,000 | Common | SOLE |
| 92189H805 | REMX | VanEck Rare Earth and Strategic Metals ETF | $151,386 | 0.03% | 2,300 | Common | SOLE |
| 400501102 | OMAB | Grupo Aeroportuario del Centro Norte SAB de CV | $150,612 | 0.03% | 1,450 | Common | SOLE |
| 900111204 | TKC | Turkcell Iletisim Hizmetleri AS | $149,995 | 0.03% | 24,916 | Common | SOLE |
| 482497104 | BEKE | KE Holdings Inc | $149,093 | 0.03% | 7,847 | Common | SOLE |
| 88706T108 | TIMB | TIM SA/Brazil | $146,796 | 0.03% | 6,634 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $143,421 | 0.03% | 3,323 | Common | SOLE |
| 15234Q207 | AXIA | Axia Energia | $142,104 | 0.03% | 14,325 | Common | SOLE |
| 705015105 | PSO | Pearson PLC | $141,756 | 0.03% | 10,011 | Common | SOLE |
| 92189F866 | AFK | VanEck Africa Index ETF | $138,909 | 0.03% | 5,700 | Common | SOLE |
| 423403104 | MOMO | Hello Group Inc | $128,396 | 0.03% | 17,304 | Common | SOLE |
| 26874R108 | E | Eni SpA | $127,673 | 0.03% | 3,653 | Common | SOLE |
| 81369Y704 | XLI | Industrial Select Sector SPDR Fund | $123,384 | 0.03% | 800 | Common | SOLE |
| 055622104 | BP | BP PLC | $118,887 | 0.03% | 3,450 | Common | SOLE |
| 98980A105 | ZTO | ZTO Express Cayman Inc | $117,389 | 0.03% | 6,114 | Common | SOLE |
| 910873405 | UMC | United Microelectronics Corp | $117,089 | 0.03% | 15,447 | Common | SOLE |
| 33738R704 | AIRR | First Trust RBA American Industrial Renaissance ETF | $116,016 | 0.03% | 1,200 | Common | SOLE |
| 204429104 | CCU | Cia Cervecerias Unidas SA | $115,662 | 0.03% | 9,543 | Common | SOLE |
| 226718104 | CRTO | Criteo SA | $110,017 | 0.03% | 4,868 | Common | SOLE |
| 89151E109 | TTEN | TotalEnergies SE | $106,786 | 0.02% | 1,789 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.