Q2 2025 · 13F-HR
Waratah Capital Advisors Ltd.holdings as filed
Filed 2025-08-11 · accession 0001539919-25-000003
$3.76B
Reported value
155
Positions
2025-06-30
Period end
The Brief · Waratah Capital Advisors Ltd. · Q2 2025
AI · grounded in 13F
Waratah Capital Advisors Ltd. established a new position in SPY valued at $595.5M. The fund also initiated new stakes in QQQ for $449.9M and GLD for $257.9M. Additional new positions include COST at $165.7M and IWM at $145.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $562.6M | 15.0% | 910,600 | PUT | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $449.9M | 12.0% | 815,600 | PUT | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $257.9M | 6.86% | 846,200 | PUT | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $165.7M | 4.41% | 167,400 | PUT | SOLE |
| 464287655 | IWM | ISHARES TR | $145.8M | 3.88% | 675,800 | PUT | SOLE |
| 464288513 | HYG | ISHARES TR | $143.6M | 3.82% | 1,780,000 | PUT | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $142.7M | 3.80% | 4,350,000 | CALL | SOLE |
| 172908105 | CTAS | CINTAS CORP | $93.2M | 2.48% | 418,200 | PUT | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $68.0M | 1.81% | 5,000,000 | CALL | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $59.1M | 1.57% | 374,017 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $58.5M | 1.56% | 663,200 | PUT | SOLE |
| 152006102 | CGAU | CENTERRA GOLD INC | $48.2M | 1.28% | 6,678,897 | Common | SOLE |
| 85472N109 | STN | STANTEC INC | $44.6M | 1.19% | 410,497 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $43.9M | 1.17% | 1,397,570 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $37.4M | 0.99% | 3,522,351 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $36.3M | 0.97% | 149,073 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $35.4M | 0.94% | 71,157 | Common | SOLE |
| 339750101 | FND | FLOOR & DECOR HLDGS INC | $33.1M | 0.88% | 435,458 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $32.9M | 0.87% | 53,200 | CALL | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $32.0M | 0.85% | 268,875 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $32.0M | 0.85% | 2,045,851 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC | $27.3M | 0.73% | 173,666 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $27.3M | 0.73% | 485,793 | Common | SOLE |
| 884903808 | TRI4EUR | THOMSON REUTERS CORP | $26.9M | 0.72% | 133,793 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $25.7M | 0.68% | 34,782 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $25.6M | 0.68% | 129,394 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $25.2M | 0.67% | 485,000 | PUT | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $24.6M | 0.65% | 3,539,978 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $24.2M | 0.64% | 152,100 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $24.2M | 0.64% | 44,017 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $23.7M | 0.63% | 44,203 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $23.4M | 0.62% | 295,149 | Common | SOLE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $23.3M | 0.62% | 220,588 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $21.2M | 0.56% | 181,496 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC | $20.9M | 0.56% | 135,788 | Common | SOLE |
| 453038408 | IMO | IMPERIAL OIL LTD | $20.8M | 0.55% | 262,010 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $20.3M | 0.54% | 230,000 | CALL | SOLE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS IN | $19.4M | 0.52% | 79,692 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $19.3M | 0.51% | 34,019 | Common | SOLE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $18.4M | 0.49% | 186,447 | Common | SOLE |
| 697900108 | PAAS | PAN AMERN SILVER CORP | $17.8M | 0.47% | 628,023 | Common | SOLE |
| 29977A105 | EVR | EVERCORE INC | $17.7M | 0.47% | 65,470 | Common | SOLE |
| 35137L105 | FOXA | FOX CORP | $17.4M | 0.46% | 311,143 | Common | SOLE |
| 00206R102 | T | AT&T INC | $17.4M | 0.46% | 602,277 | Common | SOLE |
| 983793100 | XPO | XPO INC | $17.3M | 0.46% | 137,115 | Common | SOLE |
| 29472R108 | ELS | EQUITY LIFESTYLE PPTYS INC | $17.1M | 0.45% | 277,027 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $16.8M | 0.45% | 89,983 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $16.8M | 0.45% | 51,967 | Common | SOLE |
| 148929102 | CAVA | CAVA GROUP INC | $16.5M | 0.44% | 195,445 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $16.5M | 0.44% | 166,275 | Common | SOLE |
| 866674104 | SUI | SUN CMNTYS INC | $16.2M | 0.43% | 127,955 | Common | SOLE |
| 92859G608 | VZLA | VIZSLA SILVER CORP | $15.3M | 0.41% | 5,200,837 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $14.9M | 0.40% | 27,709 | Common | SOLE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $14.3M | 0.38% | 9,381 | Common | SOLE |
| 69047Q102 | OVV | OVINTIV INC | $13.3M | 0.35% | 350,622 | Common | SOLE |
| 758750103 | RRX | REGAL REXNORD CORPORATION | $13.0M | 0.35% | 89,559 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $12.7M | 0.34% | 260,571 | Common | SOLE |
| 78468R556 | XOP | SPDR SERIES TRUST | $12.6M | 0.33% | 100,000 | CALL | SOLE |
| 92840M102 | VST | VISTRA CORP | $12.5M | 0.33% | 64,655 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $12.1M | 0.32% | 115,955 | Common | SOLE |
| 46432F396 | MTUM | ISHARES TR | $12.0M | 0.32% | 50,000 | PUT | SOLE |
| 26884L109 | EQT | EQT CORP | $11.8M | 0.31% | 202,513 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $11.7M | 0.31% | 89,199 | Common | SOLE |
| 866796105 | SLF | SUN LIFE FINANCIAL INC. | $11.6M | 0.31% | 174,679 | Common | SOLE |
| 559222401 | MGA | MAGNA INTL INC | $11.6M | 0.31% | 300,000 | CALL | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $11.6M | 0.31% | 314,424 | Common | SOLE |
| 26922A842 | JETS | ETF SER SOLUTIONS | $11.5M | 0.31% | 500,000 | PUT | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $11.4M | 0.30% | 33,126 | Common | SOLE |
| 91232N207 | USO | UNITED STS OIL FD LP | $11.0M | 0.29% | 150,000 | CALL | SOLE |
| 852066208 | SII | SPROTT INC | $10.8M | 0.29% | 156,853 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $10.6M | 0.28% | 36,603 | Common | SOLE |
| 927959106 | VNOMUSD | VIPER ENERGY INC | $10.6M | 0.28% | 277,289 | Common | SOLE |
| 05577W200 | DOO | BRP INC | $10.1M | 0.27% | 207,877 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $9.8M | 0.26% | 177,768 | Common | SOLE |
| 579780206 | MKC | MCCORMICK & CO INC | $9.6M | 0.26% | 126,706 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $9.6M | 0.26% | 130,683 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $9.1M | 0.24% | 285,252 | Common | SOLE |
| 83056P715 | SKE | SKEENA RES LTD NEW | $9.1M | 0.24% | 571,429 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $8.9M | 0.24% | 67,179 | Common | SOLE |
| 002896207 | ANF | ABERCROMBIE & FITCH CO | $8.5M | 0.22% | 102,043 | Common | SOLE |
| 097023105 | BA | BOEING CO | $8.4M | 0.22% | 40,000 | CALL | SOLE |
| 388689101 | GPK | GRAPHIC PACKAGING HLDG CO | $8.3M | 0.22% | 396,003 | Common | SOLE |
| 71424F105 | PR | PERMIAN RESOURCES CORP | $8.3M | 0.22% | 612,392 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $8.1M | 0.22% | 74,067 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $8.0M | 0.21% | 48,956 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $8.0M | 0.21% | 250,000 | CALL | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $7.8M | 0.21% | 74,292 | Common | SOLE |
| M3760D101 | ESLT | ELBIT SYS LTD | $7.4M | 0.20% | 16,475 | Common | SOLE |
| 62944T105 | NVR | NVR INC | $7.3M | 0.19% | 992 | Common | SOLE |
| 33767E202 | FSV | FIRSTSERVICE CORP NEW | $7.3M | 0.19% | 41,740 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $7.0M | 0.19% | 100,000 | PUT | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $7.0M | 0.19% | 172,599 | Common | SOLE |
| 87971M103 | TU | TELUS CORPORATION | $6.5M | 0.17% | 405,060 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $6.4M | 0.17% | 87,186 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $5.9M | 0.16% | 15,639 | Common | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BK COMM | $5.9M | 0.16% | 82,900 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $5.8M | 0.15% | 94,164 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $5.7M | 0.15% | 25,892 | Common | SOLE |
| 233051879 | ASHR | DBX ETF TR | $5.7M | 0.15% | 205,300 | CALL | SOLE |
| 931142103 | WMT | WALMART INC | $5.3M | 0.14% | 54,000 | PUT | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $5.2M | 0.14% | 71,972 | Common | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $5.2M | 0.14% | 477,972 | Common | SOLE |
| 464287523 | SOXX | ISHARES TR | $5.0M | 0.13% | 21,100 | PUT | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $5.0M | 0.13% | 30,500 | CALL | SOLE |
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $4.8M | 0.13% | 9,284 | Common | SOLE |
| 097023105 | BA | BOEING CO | $4.6M | 0.12% | 22,181 | Common | SOLE |
| 464287184 | FXI | ISHARES TR | $4.1M | 0.11% | 111,900 | CALL | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BK COMM | $4.1M | 0.11% | 57,900 | PUT | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $4.0M | 0.11% | 26,653 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $4.0M | 0.11% | 7,586 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SEC SOLUTIO | $3.9M | 0.10% | 84,096 | Common | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $3.9M | 0.10% | 7,273 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $3.9M | 0.10% | 5,569 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $3.9M | 0.10% | 107,734 | Common | SOLE |
| 00217Y104 | ATS | ATS CORPORATION | $3.8M | 0.10% | 118,480 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $3.7M | 0.10% | 17,056 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $3.7M | 0.10% | 12,821 | Common | SOLE |
| G8994E103 | TT | TRANE TECHNOLOGIES PLC | $3.5M | 0.09% | 7,895 | Common | SOLE |
| 801056102 | SANM | SANMINA CORPORATION | $3.3M | 0.09% | 33,570 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $3.2M | 0.09% | 37,924 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $3.1M | 0.08% | 25,000 | CALL | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $3.0M | 0.08% | 70,283 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $3.0M | 0.08% | 35,000 | CALL | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $2.9M | 0.08% | 7,266 | Common | SOLE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $2.9M | 0.08% | 5,769 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $2.5M | 0.07% | 431,193 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $2.4M | 0.06% | 11,900 | PUT | SOLE |
| 82846H405 | QXO | QXO INC | $2.4M | 0.06% | 109,410 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $2.1M | 0.06% | 3,948 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $1.9M | 0.05% | 254,095 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.9M | 0.05% | 11,800 | PUT | SOLE |
| 45167R104 | IEX | IDEX CORP | $1.8M | 0.05% | 10,407 | Common | SOLE |
| 105861306 | ATLX | ATLAS LITHIUM CORP | $1.7M | 0.05% | 449,217 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $1.6M | 0.04% | 2,127 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $1.6M | 0.04% | 4,900 | PUT | SOLE |
| 819047101 | SHAK | SHAKE SHACK INC | $1.6M | 0.04% | 11,038 | Common | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $1.5M | 0.04% | 25,483 | Common | SOLE |
| 11777Q209 | BTG | B2GOLD CORP | $1.5M | 0.04% | 402,487 | Common | SOLE |
| G8473T100 | STE | STERIS PLC | $1.4M | 0.04% | 5,856 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $1.3M | 0.03% | 5,482 | Common | SOLE |
| 464286806 | EWG | ISHARES INC | $1.2M | 0.03% | 29,059 | Common | SOLE |
| 826599102 | SGML | SIGMA LITHIUM CORPORATION | $1.0M | 0.03% | 227,330 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $997,471 | 0.03% | 6,924 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $908,550 | 0.02% | 22,500 | CALL | SOLE |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $889,707 | 0.02% | 9,017 | Common | SOLE |
| 512816109 | LAMR | LAMAR ADVERTISING CO NEW | $827,554 | 0.02% | 6,819 | Common | SOLE |
| G6858G123 | OBAWU | OXLEY BRIDGE ACQ LTD | $780,780 | 0.02% | 78,000 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $767,329 | 0.02% | 7,364 | Common | SOLE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $755,484 | 0.02% | 3,466 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $588,321 | 0.02% | 3,488 | Common | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $539,500 | 0.01% | 50,000 | CALL | SOLE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $413,209 | 0.01% | 2,220 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $402,284 | 0.01% | 13,944 | Common | SOLE |
| 85207K107 | PSLV | SPROTT PHYSICAL SILVER TR | $339,990 | 0.01% | 27,777 | Common | SOLE |
| G1828A108 | CAEP | CANTOR EQUITY PARTNERS III I | $105,500 | 0.00% | 10,000 | 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.