Addenda Capital Inc.
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| TORONTO DOMINION BK ONT | TD | $210.6M | 1,258,376 | -0.49pp | 32q | -2.8%-$6.0M | |
| ROYAL BK CDA | RY | $195.7M | 698,990 | -0.82pp | 32q | -6.9%-$14.5M | |
| SHOPIFY INC | SHOP | $167.9M | 795,929 | +0.92pp | 32q | HELD | |
| SUNCOR ENERGY INC NEW | SU | $150.7M | 1,561,258 | +2.36pp | 32q | +99.0%+$75.0M | |
| BANK NOVA SCOTIA B C | BNS | $139.3M | 1,076,098 | +0.06pp | 32q | HELD | |
| BANK OF MONTREAL | BMO | $127.3M | 534,853 | -0.89pp | 32q | -14.4%-$21.5M | |
| CANADIAN NAT RES LTD MED TER | CNQ | $125.1M | 1,851,854 | +0.50pp | 32q | +1.5%+$1.9M | |
| AGNICO EAGLE MINES LTD | AEM | $120.5M | 462,274 | +0.84pp | 32q | +17.8%+$18.2M | |
| BROOKFIELD CORP | BN | $112.6M | 2,169,417 | -0.60pp | 16q | HELD | |
| ENBRIDGE INC | ENB | $107.7M | 1,627,776 | -0.41pp | 32q | +4.4%+$4.5M | |
| CANADIAN PACIFIC KANSAS CITY | CP | $105.6M | 869,211 | +0.01pp | 14q | +4.4%+$4.4M | |
| CANADIAN NATL RY CO | CNI | $95.5M | 563,835 | flat | 32q | +2.7%+$2.5M | |
| WHEATON PRECIOUS METALS CORP | WPM | $91.2M | 479,688 | +0.78pp | 32q | +27.3%+$19.5M | |
| CAMECO CORP | CCJ | $89.0M | 721,562 | -0.48pp | 18q | HELD | |
| MICROSOFT CORP | MSFT | $78.7M | 153,377 | +0.77pp | 32q | +18.2%+$12.1M | |
| NVIDIA CORPORATION | NVDA | $76.1M | 333,029 | +0.58pp | 17q | +26.3%+$15.9M | |
| APPLE INC | AAPL | $70.9M | 212,988 | +0.14pp | 32q | -3.3%-$2.4M | |
| TC ENERGY CORP | TRP | $70.5M | 846,047 | -0.32pp | 30q | HELD | |
| ALPHABET INC | GOOG | $63.2M | 185,508 | flat | 32q | +6.7%+$4.0M | |
| FRANCO NEV CORP | FNV | $59.6M | 175,920 | +0.42pp | 32q | +22.2%+$10.8M | |
| MANULIFE FINL CORP | MFC | $59.1M | 974,111 | +0.07pp | 32q | +2.2%+$1.3M | |
| BROADCOM INC | AVGO | $51.6M | 146,998 | -0.34pp | 32q | -11.7%-$6.8M | |
| CELESTICA INC | CLS | $48.4M | 94,102 | +0.32pp | 3q | +37.3%+$13.2M | |
| AMAZON COM INC | AMZN | $47.3M | 189,574 | +0.09pp | 17q | +5.3%+$2.4M | |
| BROOKFIELD INFRASTRUCTURE PA | BIP | $39.5M | 779,772 | -0.05pp | 12q | HELD | |
| CANADIAN IMPERIAL BANK OF CO | CM | $39.2M | 248,299 | -0.29pp | 32q | -16.1%-$7.5M | |
| PEMBINA PIPELINE CORP | PBA | $38.6M | 608,147 | -0.06pp | 32q | HELD | |
| HUDBAY MINERALS INC | HBM | $37.7M | 991,648 | -0.71pp | 4q | -47.0%-$33.5M | |
| VISA INC | V | $36.6M | 101,936 | +0.06pp | 32q | +4.4%+$1.5M | |
| AMPHENOL CORP | APH | $34.6M | 410,011 | flat | 32q | +6.8%+$2.2M | |
| F5 INC | FFIV | $34.1M | 76,551 | +0.08pp | 32q | +5.7%+$1.8M | |
| WASTE CONNECTIONS INC | WCN | $33.3M | 151,990 | -0.33pp | 32q | -19.2%-$7.9M | |
| RESTAURANT BRANDS INTL INC | QSR | $31.7M | 310,113 | -0.04pp | 32q | -0.7%-$213.6K | |
| WABTEC | WAB | $28.3M | 98,682 | +0.03pp | 30q | +1.0%+$282.6K | |
| JPMORGAN CHASE & CO | JPM | $27.9M | 84,363 | -0.04pp | 32q | -3.2%-$934.9K | |
| THERMO FISHER SCIENTIFIC INC | TMO | $27.7M | 40,977 | +0.20pp | 32q | +4.9%+$1.3M | |
| PALO ALTO NETWORKS INC | PANW | $27.0M | 68,047 | +0.22pp | 3q | +26.7%+$5.7M | |
| TFI INTERNATIONAL INC | TFII | $24.6M | 143,431 | -0.01pp | 22q | +21.0%+$4.3M | |
| TJX COS INC NEW | TJX | $22.7M | 171,311 | -0.06pp | 32q | +6.8%+$1.4M | |
| BOOKING HOLDINGS INC | BKNG | $21.6M | 132,624 | -0.03pp | 32q | +7.4%+$1.5M | |
| COLLIERS INTL GROUP INC | CIGI | $21.1M | 165,458 | -0.05pp | 25q | -1.0%-$220.7K | |
| CHARLES SCHWAB CORP (THE) | SCHW | $20.9M | 213,798 | +0.04pp | 32q | +5.5%+$1.1M | |
| STERIS PLC | STE | $19.8M | 94,369 | +0.08pp | 5q | +20.8%+$3.4M | |
| LINDE PLC | LIN | $19.0M | 40,077 | -0.03pp | 15q | +5.8%+$1.0M | |
| S&P GLOBAL INC | SPGI | $18.1M | 45,884 | +0.06pp | 8q | +21.5%+$3.2M | |
| UNITED RENTALS INC | URI | $17.8M | 17,820 | -0.05pp | 6q | +5.8%+$972.8K | |
| COSTCO WHOLESALE CORPORATION | COST | $17.0M | 18,711 | +0.01pp | 32q | +6.8%+$1.1M | |
| BCE INC | BCE | $16.6M | 565,120 | +0.05pp | 32q | +21.4%+$2.9M | |
| BROOKFIELD ASSET MANAGMT LTD | BAM | $16.4M | 258,787 | -0.01pp | 16q | HELD | |
| CAE INC | CAE | $16.3M | 475,555 | +0.06pp | 24q | +25.4%+$3.3M | |
| GILDAN ACTIVEWEAR INC | GIL | $15.8M | 260,095 | +0.02pp | 22q | +30.9%+$3.7M | |
| TECK RESOURCES LTD | TECK | $15.6M | 166,172 | +0.03pp | 19q | -0.6%-$96.5K | |
| METHANEX CORP | MEOH | $15.3M | 183,000 | +0.08pp | 17q | HELD | |
| CATERPILLAR INC | CAT | $15.2M | 18,800 | -0.14pp | 17q | HELD | |
| MAGNA INTL INC | MGA | $14.8M | 163,404 | -0.02pp | 32q | HELD | |
| STRYKER CORPORATION | SYK | $14.4M | 52,052 | +0.11pp | 32q | +64.6%+$5.6M | |
| CGI INC | GIB | $14.0M | 145,039 | +0.13pp | 31q | +52.6%+$4.8M | |
| EMERA INC | EMA | $14.0M | 206,159 | -0.49pp | 6q | -51.1%-$14.7M | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $13.8M | 27,656 | +0.02pp | 3q | +7.9%+$1.0M | |
| PNC FINL SVCS GROUP INC | PNC | $13.1M | 58,833 | -0.09pp | 32q | -8.9%-$1.3M | |
| SUNBELT RENTALS HOLDINGS INC | SUNB | $12.9M | 196,722 | +0.04pp | 3q | +10.1%+$1.2M | |
| MERCK & CO INC | MRK | $12.8M | 87,800 | +0.03pp | 17q | HELD | |
| KINROSS GOLD CORP | KGC | $12.8M | 373,961 | -1.17pp | 4q | -77.4%-$43.9M | |
| Sun Life Financial, Inc. | SLF | $12.4M | 111,412 | -0.01pp | 32q | -0.9%-$110.7K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $12.3M | 26,816 | +0.04pp | 4q | +21.2%+$2.1M | |
| FORTIS INC | FTS | $12.2M | 162,920 | -0.05pp | 29q | -4.1%-$528.4K | |
| ALPHABET INC | GOOGL | $12.2M | 35,500 | -0.02pp | 17q | HELD | |
| ALAMOS GOLD INC | AGI | $12.1M | 263,001 | -0.57pp | 8q | -65.7%-$23.2M | |
| IDEXX LABS INC | IDXX | $11.7M | 22,431 | - | new | NEW | |
| SHERWIN WILLIAMS CO | SHW | $11.5M | 35,512 | -0.01pp | 6q | +6.1%+$659.5K | |
| CISCO SYS INC | CSCO | $11.4M | 105,400 | -0.04pp | 17q | HELD | |
| BHP BILLITON LIMITED | BHP | $11.0M | 129,200 | flat | 17q | HELD | |
| NUTRIEN LTD | NTR | $10.8M | 106,940 | +0.01pp | 32q | -4.9%-$556.0K | |
| MONDELEZ INTL INC | MDLZ | $10.6M | 182,141 | +0.01pp | 32q | +6.8%+$672.1K | |
| UNION PAC CORP | UNP | $10.2M | 37,535 | +0.01pp | 32q | +6.8%+$647.1K | |
| LOWES COS INC | LOW | $10.1M | 54,586 | -0.16pp | 32q | -22.9%-$3.0M | |
| JOHNSON & JOHNSON | JNJ | $9.9M | 37,400 | flat | 32q | HELD | |
| DEERE CO | DE | $9.6M | 14,300 | +0.01pp | 16q | HELD | |
| RESMED INC | RMD | $9.4M | 42,604 | -0.16pp | 13q | -45.2%-$7.8M | |
| COCA COLA CO | KO | $9.2M | 106,400 | +0.01pp | 17q | HELD | |
| EMERSON ELEC CO | EMR | $9.1M | 58,500 | +0.01pp | 17q | HELD | |
| RB GLOBAL INC | RBA | $8.9M | 77,000 | -0.11pp | 14q | HELD | |
| WALMART INC | WMT | $8.8M | 85,100 | -0.03pp | 17q | HELD | |
| CHURCH & DWIGHT CO INC | CHD | $8.8M | 92,907 | flat | 32q | +6.8%+$554.2K | |
| Rio Tinto PLC | RIO | $8.6M | 91,600 | -0.01pp | 17q | HELD | |
| FEDEX CORP | FDX | $8.6M | 30,000 | -0.03pp | 17q | HELD | |
| TRANSUNION | TRU | $8.4M | 137,942 | -0.03pp | 5q | +6.0%+$476.4K | |
| META PLATFORMS INC | META | $8.3M | 11,500 | +0.04pp | 17q | HELD | |
| PFIZER INC | PFE | $8.3M | 290,800 | +0.03pp | 17q | HELD | |
| Rogers Communications, Inc. | RCI | $7.5M | 169,900 | -0.02pp | 32q | HELD | |
| BOYD GROUP SERVICES INC | BGSI | $7.5M | 67,088 | -0.05pp | 4q | HELD | |
| STANTEC INC | STN | $7.4M | 77,400 | -0.01pp | 17q | HELD | |
| DOW HLDGS INC | DOW | $7.4M | 269,800 | flat | 17q | HELD | |
| UNITED PARCEL SVCS INC | UPS | $7.4M | 79,400 | -0.04pp | 32q | HELD | |
| MASTERCARD INCORPORATED | MA | $7.4M | 13,400 | +0.01pp | 17q | HELD | |
| AT&T INC | T | $7.1M | 291,700 | +0.02pp | 17q | HELD | |
| BROADRIDGE FINL SOLUTIONS IN | BR | $7.0M | 43,445 | +0.02pp | 19q | HELD | |
| INTERNATIONAL BUSINESS MACHS | IBM | $6.9M | 31,300 | -0.06pp | 17q | HELD | |
| STARBUCKS CORP | SBUX | $6.6M | 70,700 | -0.02pp | 17q | HELD | |
| THOMSON REUTERS CORP | TRI | $6.6M | 47,751 | +0.02pp | 2q | HELD | |
| DISNEY WALT CO | DIS | $6.4M | 60,900 | +0.01pp | 32q | HELD | |
| MEDTRONIC PLC | MDT | $6.4M | 73,000 | +0.01pp | 17q | HELD | |
| FORD MTR CO | F | $6.3M | 525,900 | -0.03pp | 17q | HELD | |
| DIAGEO PLC | DEO | $6.2M | 73,000 | +0.01pp | 17q | HELD | |
| PROCTER & GAMBLE CO | PG | $5.7M | 39,200 | -0.01pp | 17q | HELD | |
| HONDA MOTOR CO LTD | HMC | $5.7M | 179,400 | +0.02pp | 17q | HELD | |
| PEPSICO INC | PEP | $5.6M | 43,887 | -0.01pp | 32q | HELD | |
| ISHARES TR | IWM | $5.5M | 19,910 | -0.01pp | 32q | +5.3%+$278.0K | |
| ABBOTT LABORATORIES | ABT | $5.5M | 55,400 | +0.01pp | 17q | HELD | |
| QNITY ELECTRONICS INC | Q | $5.1M | 40,600 | -0.05pp | 4q | HELD | |
| MCDONALDS CORP | MCD | $4.6M | 20,000 | -0.02pp | 17q | HELD | |
| OR ROYALTIES INC. | OR | $4.6M | 94,010 | +0.07pp | 6q | +116.1%+$2.5M | |
| HOME DEPOT INC | HD | $4.5M | 15,800 | -0.03pp | 17q | HELD | |
| INTUIT | INTU | $4.1M | 14,729 | -0.13pp | 32q | -56.7%-$5.3M | |
| DUPONT DE NEMOURS INC | DD | $3.5M | 27,066 | -0.01pp | 2q | HELD | |
| NIKE INC | NKE | $3.0M | 84,300 | -0.02pp | 32q | HELD | |
| AYA GOLD & SILVER INC | AYA | $2.8M | 72,776 | +0.04pp | 2q | +78.2%+$1.2M | |
| COCA-COLA EUROPACIFIC PARTNE | CCEP | $1.8M | 17,491 | +0.04pp | 3q | +628.2%+$1.5M | |
| CENOVUS ENERGY INC | CVE | $1.7M | 37,537 | -0.22pp | 19q | -86.6%-$10.7M | |
| BRP INC | DOO | $1.5M | 18,348 | -0.01pp | 25q | -6.7%-$105.5K | |
| IMPERIAL OIL LTD | IMO | $1.5M | 8,300 | +0.03pp | 18q | +177.6%+$931.1K | |
| BARRICK MNG CORP | B | $1.2M | 19,930 | +0.02pp | 3q | +289.3%+$857.1K | |
| BAUSCH HEALTH COS INC | BHC | $1.1M | 131,582 | - | new | NEW | |
| BROOKFIELD INFRASTRUCTURE CO | BIPC | $987.4K | 19,480 | flat | 8q | HELD | |
| ISHARES TR | EFG | $975.8K | 8,143 | - | new | NEW | |
| LIGHTSPEED COMMERCE INC | LSPD | $730.7K | 52,570 | - | new | NEW | |
| IAMGOLD CORP | IAG | $721.1K | 27,490 | flat | 2q | -1.3%-$9.7K | |
| OCEANAGOLD CORP | OGC | $290.8K | 7,420 | - | new | NEW | |
| EQUINOX GOLD CORP | EQX | $268.6K | 17,000 | -0.01pp | 5q | -62.7%-$450.9K | |
| TELUS CORPORATION | TU | $235.5K | 19,400 | flat | 32q | HELD | |
| NOUVEAU MONDE GRAPHITE INC | NMG | $122.1K | 70,978 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Banks & Lending | $752.9M | 19.9% |
| Mining & Metals | $468.0M | 12.4% |
| Transport & Logistics | $420.7M | 11.1% |
| Energy | $388.9M | 10.3% |
| Software & IT Services | $335.1M | 8.9% |
| Semiconductors & Electronics | $253.4M | 6.7% |
| Retail & Consumer | $180.6M | 4.8% |
| Computer Hardware | $150.3M | 4.0% |
| Business Services | $146.3M | 3.9% |
| Real Estate | $133.7M | 3.5% |
| Insurance | $85.2M | 2.3% |
| Chemicals | $73.5M | 1.9% |
| Other sectors | $383.3M | 10.1% |
| Not classified | $6.5M | 0.2% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | +1.3% | +2.1% | -0.8% | 79% |
| Q2 2026 | +4.3% | +14.8% | -10.5% | 80% |
| Q1 2026 | +0.7% | -4.6% | +5.3% | 81% |
| Q4 2025 | +3.7% | +2.4% | +1.4% | 81% |
| Q3 2025 | +9.2% | +7.8% | +1.4% | 81% |
| Q2 2025 | +10.8% | +10.5% | +0.3% | 77% |
| Q1 2025 | -1.0% | -4.6% | +3.6% | 77% |
| Q4 2024 | -1.5% | +2.1% | -3.6% | 80% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $3.8B | 131 | 6 | 48 | 26 | 3 | 38.6% | 13 |
| Q2 2026 | $3.7B | 128 | 4 | 30 | 43 | 5 | 38.8% | 14 |
| Q1 2026 | $3.6B | 129 | 8 | 49 | 31 | 4 | 38.0% | 15 |
| Q4 2025 | $3.4B | 125 | 6 | 15 | 101 | 7 | 38.6% | 22 |
| Q3 2025 | $3.4B | 126 | 7 | 65 | 18 | 1 | 37.9% | 9 |
| Q2 2025 | $2.8B | 120 | 4 | 50 | 64 | 7 | 38.0% | 17 |
| Q1 2025 | $2.7B | 123 | 1 | 25 | 62 | 1 | 38.7% | 9 |
| Q4 2024 | $2.8B | 123 | 5 | 47 | 33 | 7 | 39.4% | 16 |
| Q3 2024 | $2.8B | 125 | 0 | 34 | 25 | 3 | 38.2% | 15 |
| Q2 2024 | $2.6B | 128 | 2 | 54 | 38 | 5 | 37.2% | 16 |
| Q1 2024 | $2.6B | 131 | 2 | 30 | 68 | 1 | 38.6% | 16 |
| Q4 2023 | $2.6B | 130 | 1 | 40 | 35 | 2 | 38.0% | 23 |
| Q3 2023 | $2.3B | 131 | 2 | 29 | 67 | 3 | 37.8% | 12 |
| Q2 2023 | $2.4B | 132 | 5 | 20 | 78 | 9 | 37.5% | 21 |
| Q1 2023 | $2.4B | 136 | 2 | 31 | 100 | 10 | 37.2% | 11 |
| Q4 2022 | $2.3B | 144 | 10 | 29 | 99 | 4 | 40.6% | 12 |
| Q3 2022 | $2.2B | 138 | 38 | 35 | 62 | 2 | 43.8% | 11 |
| Q2 2022 | $2.1B | 102 | 7 | 27 | 50 | 3 | 49.4% | 13 |
| Q1 2022 | $2.4B | 98 | 5 | 66 | 25 | 3 | 48.9% | 14 |
| Q4 2021 | $2.3B | 96 | 3 | 40 | 29 | 3 | 46.9% | 14 |
| Q3 2021 | $2.1B | 96 | 1 | 41 | 44 | 4 | 47.6% | 8 |
| Q2 2021 | $2.1B | 99 | 3 | 57 | 39 | 2 | 48.7% | 19 |
| Q1 2021 | $2.0B | 98 | 1 | 0 | 1 | 6 | 47.2% | 13 |
| Q4 2020 | $1.6B | 103 | 7 | 33 | 57 | 1 | 45.7% | 19 |
| Q3 2020 | $1.4B | 97 | 5 | 25 | 54 | 4 | 45.4% | 15 |
| Q2 2020 | $1.4B | 96 | 4 | 24 | 61 | 3 | 47.3% | 9 |
| Q1 2020 | $1.2B | 95 | 2 | 76 | 13 | 11 | 49.0% | 13 |
| Q4 2019 | $1.5B | 104 | 1 | 81 | 14 | 5 | 48.1% | 31 |
| Q3 2019 | $1.4B | 108 | 2 | 24 | 45 | 7 | 47.9% | 8 |
| Q2 2019 | $1.4B | 113 | 6 | 30 | 69 | 6 | 47.4% | 12 |
| Q1 2019 | $1.4B | 113 | 5 | 66 | 22 | 12 | 46.5% | 9 |
| Q4 2018 | $1.1B | 120 | 0 | 0 | 0 | 0 | 49.1% | 14 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.