Institutional
Waratah Capital Advisors Ltd.
CIK 0001539919
$2.63B
Reported AUM
117
Positions
Q1 2026
Period
2026-05-11
Filed
The Brief · Waratah Capital Advisors Ltd. · Q1 2026
AI · grounded in 13F
Waratah Capital Advisors Ltd. established a new position in TLT worth $348.16M. The fund also opened new stakes in SPY for $268.46M and LQD for $117.71M. On the sell side, the fund closed its positions in SLV and B, reducing holdings by $75.26M and $72.58M respectively.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TLT | ISHARES TR | $82.06 | -0.89% | -2.60% | -34.61% | $348.2M | 13.26% | — | HELD |
| 2 | SPY | STATE STR SPDR S&P 500 ETF T | $744.52 | 0.38% | 20.62% | 75.74% | $268.5M | 10.23% | — | HELD |
| 3 | HYG | ISHARES TR | $79.38 | -0.12% | 4.59% | 18.39% | $249.0M | 9.49% | — | HELD |
| 4 | QQQ | INVESCO QQQ TR | $687.04 | 0.51% | 24.01% | 85.38% | $172.1M | 6.55% | — | HELD |
| 5 | GLD | SPDR GOLD TR | $371.46 | -1.51% | 22.01% | 122.26% | $128.7M | 4.90% | — | HELD |
| 6 | LQD | ISHARES TR | $106.04 | -0.34% | 0.75% | -4.92% | $117.7M | 4.48% | — | HELD |
| 7 | DSGX | DESCARTES SYS GROUP INC | $74.73 | 0.24% | -28.63% | -4.91% | $85.1M | 3.24% | — | HELD |
| 8 | IWM | ISHARES TR | $291.04 | -0.53% | 37.55% | 37.83% | $81.8M | 3.12% | — | HELD |
| 9 | AGI | ALAMOS GOLD INC | $28.14 | -0.92% | 14.42% | 273.12% | $61.2M | 2.33% | — | HELD |
| 10 | KGC | KINROSS GOLD CORP | $23.19 | -1.80% | 46.32% | 326.63% | $45.5M | 1.73% | — | HELD |
| 11 | CGAU | CENTERRA GOLD INC | $17.37 | -5.19% | 165.52% | 180.04% | $40.1M | 1.53% | — | HELD |
| 12 | IAG | IAMGOLD CORP | $14.19 | -2.51% | 104.68% | 489.96% | $36.5M | 1.39% | — | HELD |
| 13 | LULU | LULULEMON ATHLETICA INC | $119.57 | 0.07% | -38.20% | -70.14% | $35.5M | 1.35% | — | HELD |
| 14 | SKE | SKEENA RES LTD NEW | $26.41 | -3.46% | 83.69% | 130.31% | $33.5M | 1.28% | — | HELD |
| 15 | SU | SUNCOR ENERGY INC NEW | $67.00 | 0.40% | 73.39% | 334.04% | $33.3M | 1.27% | — | HELD |
| 16 | SPXC | SPX TECHNOLOGIES INC | $227.21 | 14.00% | 15.01% | 261.46% | $31.1M | 1.19% | — | HELD |
| 17 | WELL | WELLTOWER INC | $236.87 | 0.52% | 43.92% | 202.31% | $30.2M | 1.15% | — | HELD |
| 18 | CVE | CENOVUS ENERGY INC | $30.13 | -0.63% | 105.38% | 305.79% | $30.0M | 1.14% | — | HELD |
| 19 | AEM | AGNICO EAGLE MINES LTD | $146.22 | -3.00% | 21.52% | 193.37% | $29.7M | 1.13% | — | HELD |
| 20 | BGSI | BOYD GROUP SERVICES INC | $104.07 | 0.69% | -30.80% | -34.54% | $29.7M | 1.13% | — | HELD |
| 21 | CNI | CANADIAN NATL RY CO | $127.45 | 0.25% | 38.94% | 18.76% | $27.7M | 1.05% | — | HELD |
| 22 | CR | CRANE COMPANY | $215.54 | 0.63% | 11.96% | 204.95% | $27.6M | 1.05% | — | HELD |
| 23 | NVT | NVENT ELEC PLC | $154.96 | 7.01% | 62.18% | 351.02% | $25.8M | 0.98% | — | HELD |
| 24 | MLM | MARTIN MARIETTA MATLS INC | $535.35 | -0.86% | -6.05% | 45.82% | $25.7M | 0.98% | — | HELD |
| 25 | CAE | CAE INC | $25.81 | -0.08% | -8.82% | -10.44% | $23.2M | 0.88% | — | HELD |
| 26 | SN | SHARKNINJA INC | $162.93 | -0.25% | 44.73% | 376.59% | $22.7M | 0.86% | — | HELD |
| 27 | FNV | FRANCO NEV CORP | $213.90 | -3.37% | 37.43% | 58.73% | $21.3M | 0.81% | — | HELD |
| 28 | TDY | TELEDYNE TECHNOLOGIES INC | $658.66 | 1.46% | 20.00% | 41.05% | $20.3M | 0.77% | — | HELD |
| 29 | NXE | NEXGEN ENERGY LTD | $9.12 | -2.15% | 41.67% | 94.90% | $20.2M | 0.77% | — | HELD |
| 30 | TD | TORONTO DOMINION BK ONT | $120.34 | 0.48% | 67.49% | 124.38% | $19.8M | 0.76% | — | HELD |
| 31 | LNG | CHENIERE ENERGY INC | $261.73 | 1.42% | — | — | $19.7M | 0.75% | — | HELD |
| 32 | EA | ELECTRONIC ARTS INC | $209.88 | 0.14% | — | — | $18.3M | 0.70% | — | HELD |
| 33 | SII | SPROTT INC | $104.42 | -2.11% | — | — | $18.3M | 0.70% | — | HELD |
| 34 | NI | NISOURCE INC | $44.73 | -0.75% | — | — | $17.6M | 0.67% | — | HELD |
| 35 | AME | AMETEK INC | $242.82 | 1.17% | — | — | $16.5M | 0.63% | — | HELD |
| 36 | BEP | BROOKFIELD RENEWABLE ENERGY | $32.85 | 0.57% | — | — | $15.9M | 0.61% | — | HELD |
| 37 | FIX | COMFORT SYS USA INC | $1749.81 | 3.06% | — | — | $14.8M | 0.56% | — | HELD |
| 38 | CP | CANADIAN PACIFIC KANSAS CITY | $89.09 | 1.05% | — | — | $14.8M | 0.56% | — | HELD |
| 39 | DOO | BRP INC | $62.03 | -0.58% | — | — | $13.7M | 0.52% | — | HELD |
| 40 | RY | ROYAL BK CDA | $210.65 | 0.25% | — | — | $13.5M | 0.51% | — | HELD |
| 41 | SXT | SENSIENT TECHNOLOGIES CORP | $123.15 | -0.65% | — | — | $13.0M | 0.50% | — | HELD |
| 42 | IBIT | ISHARES BITCOIN TRUST ETF | $35.55 | -3.13% | — | — | $11.5M | 0.44% | — | HELD |
| 43 | FXI | ISHARES TR | $36.38 | -0.40% | — | — | $10.8M | 0.41% | — | HELD |
| 44 | MOD | MODINE MFG CO | $202.54 | 4.45% | — | — | $10.7M | 0.41% | — | HELD |
| 45 | AMAT | APPLIED MATLS INC | $518.99 | 3.43% | — | — | $10.5M | 0.40% | — | HELD |
| 46 | XLE | SELECT SECTOR SPDR TR | $58.97 | 0.02% | — | — | $10.4M | 0.40% | — | HELD |
| 47 | RRX | REGAL REXNORD CORPORATION | $205.86 | 1.61% | — | — | $10.3M | 0.39% | — | HELD |
| 48 | AS | AMER SPORTS INC | $35.69 | -1.14% | — | — | $10.3M | 0.39% | — | HELD |
| 49 | QURE | QUANTA SVCS INC | $43.39 | 2.84% | — | — | $10.1M | 0.38% | — | HELD |
| 50 | COP | CONOCOPHILLIPS | $118.93 | -0.08% | — | — | $9.9M | 0.38% | — | HELD |
| 51 | ETR | ENTERGY CORP NEW | $108.34 | 0.29% | — | — | $9.1M | 0.35% | — | HELD |
| 52 | CW | CURTISS WRIGHT CORP | $726.83 | 1.42% | — | — | $9.1M | 0.35% | — | HELD |
| 53 | EQT | EQT CORP | $52.84 | 0.25% | — | — | $8.3M | 0.32% | — | HELD |
| 54 | IGV | ISHARES TR | $93.96 | 0.70% | — | — | $8.0M | 0.30% | — | HELD |
| 55 | WRN | WESTERN COPPER & GOLD CORP | $2.05 | -3.08% | — | — | $7.9M | 0.30% | — | HELD |
| 56 | NVDA | NVIDIA CORPORATION | $198.08 | 1.56% | — | — | $7.8M | 0.30% | — | HELD |
| 57 | MTN | VAIL RESORTS INC | $151.13 | -1.11% | — | — | $7.3M | 0.28% | — | HELD |
| 58 | BC | BRUNSWICK CORP | $79.03 | -0.91% | — | — | $7.1M | 0.27% | — | HELD |
| 59 | AAPL | APPLE INC | $300.58 | -9.85% | — | — | $7.0M | 0.27% | — | HELD |
| 60 | GIL | GILDAN ACTIVEWEAR INC | $56.03 | 6.71% | — | — | $6.9M | 0.26% | — | HELD |
| 61 | KKR | KKR & CO INC | $100.73 | -0.25% | — | — | $6.7M | 0.25% | — | HELD |
| 62 | GLW | CORNING INC | $140.13 | 3.63% | — | — | $6.6M | 0.25% | — | HELD |
| 63 | ATS | ATS CORPORATION | $27.17 | 1.40% | — | — | $6.3M | 0.24% | — | HELD |
| 64 | PLD | PROLOGIS INC. | $144.51 | -1.15% | — | — | $6.2M | 0.24% | — | HELD |
| 65 | OVV | OVINTIV INC | $61.84 | 0.36% | — | — | $5.9M | 0.23% | — | HELD |
| 66 | STN | STANTEC INC | $70.56 | 1.61% | — | — | $5.6M | 0.21% | — | HELD |
| 67 | ALB | ALBEMARLE CORP | $117.04 | -0.61% | — | — | $5.6M | 0.21% | — | HELD |
| 68 | XPO | XPO INC | $202.62 | 1.69% | — | — | $5.5M | 0.21% | — | HELD |
| 69 | SLB | SLB LIMITED | $49.42 | 1.03% | — | — | $5.1M | 0.20% | — | HELD |
| 70 | EVR | EVERCORE INC | $320.39 | 2.40% | — | — | $4.9M | 0.19% | — | HELD |
| 71 | CMG | CHIPOTLE MEXICAN GRILL INC | $37.64 | -2.28% | — | — | $4.8M | 0.18% | — | HELD |
| 72 | GD | GENERAL DYNAMICS CORP | $383.27 | 0.28% | — | — | $4.7M | 0.18% | — | HELD |
| 73 | FSV | FIRSTSERVICE CORP NEW | $141.10 | -2.40% | — | — | $4.5M | 0.17% | — | HELD |
| 74 | TAC | TRANSALTA CORP | $12.68 | -1.44% | — | — | $4.5M | 0.17% | — | HELD |
| 75 | UAL | UNITED AIRLS HLDGS INC | $122.32 | -1.00% | — | — | $4.1M | 0.16% | — | HELD |
| 76 | BNO | UNITED STS BRENT OIL FD LP | $50.38 | 1.44% | — | — | $4.1M | 0.16% | — | HELD |
| 77 | LGN | LEGENCE CORP | $64.79 | 8.33% | — | — | $3.9M | 0.15% | — | HELD |
| 78 | EME | EMCOR GROUP INC | $807.54 | 0.64% | — | — | $3.9M | 0.15% | — | HELD |
| 79 | SGML | SIGMA LITHIUM CORPORATION | $9.87 | -1.10% | — | — | $3.3M | 0.13% | — | HELD |
| 80 | ATLX | ATLAS LITHIUM CORP | $2.71 | -0.37% | — | — | $3.3M | 0.12% | — | HELD |
| 81 | META | META PLATFORMS INC | $549.42 | 1.93% | — | — | $3.2M | 0.12% | — | HELD |
| 82 | PR | PERMIAN RESOURCES CORP | $21.09 | 0.45% | — | — | $3.2M | 0.12% | — | HELD |
| 83 | TXN | TEXAS INSTRS INC | $276.90 | -0.67% | — | — | $3.2M | 0.12% | — | HELD |
| 84 | TER | TERADYNE INC | $374.94 | 2.59% | — | — | $3.1M | 0.12% | — | HELD |
| 85 | ROP | ROPER TECHNOLOGIES INC | $390.92 | 0.43% | — | — | $3.0M | 0.12% | — | HELD |
| 86 | VICR | VICOR CORP | $213.12 | 3.12% | — | — | $2.8M | 0.11% | — | HELD |
| 87 | TRI4EUR | THOMSON REUTERS CORP | — | — | — | — | $2.7M | 0.10% | — | HELD |
| 88 | CEPT | CANTOR EQUITY PARTNERS II IN | — | — | — | — | $2.7M | 0.10% | — | HELD |
| 89 | GEV | GE VERNOVA INC | $995.97 | 1.43% | — | — | $2.7M | 0.10% | — | HELD |
| 90 | ITA | ISHARES TR | $239.65 | 0.64% | — | — | $2.6M | 0.10% | — | HELD |
| 91 | TGT | TARGET CORP | $143.80 | -0.49% | — | — | $2.4M | 0.09% | — | HELD |
| 92 | ASML | ASML HLDG NV | $1654.44 | 0.18% | — | — | $1.8M | 0.07% | — | HELD |
| 93 | LION | LIONSGATE STUDIOS CORP | $13.26 | -0.93% | — | — | $1.7M | 0.07% | — | HELD |
| 94 | SVAC | SPRING VY ACQUISITION CORP I | — | — | — | — | $1.7M | 0.06% | — | HELD |
| 95 | TVA | TEXAS VENTURES ACQUISITION I | $10.52 | 0.19% | — | — | $1.6M | 0.06% | — | HELD |
| 96 | IEX | IDEX CORP | $230.70 | -1.32% | — | — | $1.4M | 0.05% | — | HELD |
| 97 | CAT | CATERPILLAR INC | $819.58 | 1.29% | — | — | $1.4M | 0.05% | — | HELD |
| 98 | ESE | ESCO TECHNOLOGIES INC | $314.79 | 1.05% | — | — | $1.2M | 0.05% | — | HELD |
| 99 | USAS | AMERICAS GOLD AND SILVER COR | $3.81 | -3.43% | — | — | $1.2M | 0.05% | — | HELD |
| 100 | KRE | SPDR SERIES TRUST | $76.12 | 0.30% | — | — | $1.2M | 0.04% | — | HELD |
| 101 | ADI | ANALOG DEVICES INC | — | — | — | — | $1.1M | 0.04% | — | HELD |
| 102 | VHCPU | VINE HILL CAP INVTS CORP II | — | — | — | — | $1.0M | 0.04% | — | HELD |
| 103 | CEPS | CANTOR EQUITY PARTNERS VI IN | — | — | — | — | $873K | 0.03% | — | HELD |
| 104 | AEXA | AMERICAN EXCEPTIONALISM ACQU | — | — | — | — | $867K | 0.03% | — | HELD |
| 105 | BEAG | BOLD EAGLE ACQUISITION CORP | — | — | — | — | $742K | 0.03% | — | HELD |
| 106 | HCMAU | HCM III ACQUISITION CORP | — | — | — | — | $737K | 0.03% | — | HELD |
| 107 | DAAQ | DIGITAL ASSET ACQUISITION CO | — | — | — | — | $732K | 0.03% | — | HELD |
| 108 | CEPF | CANTOR EQUITY PARTNERS IV IN | — | — | — | — | $731K | 0.03% | — | HELD |
| 109 | PSLV | SPROTT ASSET MANAGEMENT LP | — | — | — | — | $677K | 0.03% | — | HELD |
| 110 | FND | FLOOR & DECOR HLDGS INC | — | — | — | — | $486K | 0.02% | — | HELD |
| 111 | WCC | WESCO INTL INC | — | — | — | — | $449K | 0.02% | — | HELD |
| 112 | SPOT | SPOTIFY TECHNOLOGY S A | — | — | — | — | $422K | 0.02% | — | HELD |
| 113 | IDXX | IDEXX LABS INC | — | — | — | — | $403K | 0.02% | — | HELD |
| 114 | SHW | SHERWIN WILLIAMS CO | — | — | — | — | $309K | 0.01% | — | HELD |
| 115 | ALOVU | ALDABRA 4 LQDTY OPP VEH INC | — | — | — | — | $249K | 0.01% | — | HELD |
| 116 | JPM | JPMORGAN CHASE & CO | — | — | — | — | $242K | 0.01% | — | HELD |
| 117 | NVTS | NAVITAS SEMICONDUCTOR CORP | — | — | — | — | $195K | 0.01% | — | HELD |
Source: SEC EDGAR · accession 0002060757-26-000028. 13F discloses long positions only — shorts, foreign equities, and options are excluded.