Waratah Capital Advisors Ltd. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Waratah Capital Advisors Ltd. disclosed 137 US equity positions worth $1.5bn in its Q1 2025 13F filing. The largest position was MKC at 3.6% of the reported book, followed by IDXX and CNQ. Against the Q4 2024 filing, it opened 18 new positions, added to 13 and reduced 18 among the top 50 holdings.
What did Waratah Capital Advisors Ltd. own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | MKC MCCORMICK & CO INC | Consumer Defensive | 3.6% | $53.0m | 643,774 | – | new |
| 2 | IDXX IDEXX LABS INC | Healthcare | 3.5% | $51.8m | 123,393 | – | new |
| 3 | CNQ CANADIAN NAT RES LTD | Energy | 3.4% | $50.4m | 1,635,803 | -5% | reduced |
| 4 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 3.2% | $46.6m | 430,211 | -48% | reduced |
| 5 | KGC KINROSS GOLD CORP | Basic Materials | 2.7% | $40.1m | 3,180,236 | -49% | reduced |
| 6 | TDY TELEDYNE TECHNOLOGIES INC | Technology | 2.4% | $35.8m | 71,873 | 16% | added |
| 7 | CARR CARRIER GLOBAL CORPORATION | Industrials | 2.4% | $35.7m | 563,336 | 6% | added |
| 8 | TRI4EUR THOMSON REUTERS CORP | 2.4% | $34.7m | 200,972 | -16% | reduced | |
| 9 | STN STANTEC INC | Industrials | 2.2% | $31.9m | 385,424 | 57% | added |
| 10 | MFC MANULIFE FINL CORP | Financial Services | 2.1% | $31.4m | 1,008,066 | -41% | reduced |
| 11 | GPK GRAPHIC PACKAGING HLDG CO | Consumer Cyclical | 2.1% | $31.4m | 1,209,215 | -39% | reduced |
| 12 | CGAU CENTERRA GOLD INC | Basic Materials | 2.1% | $31.3m | 4,930,005 | – | new |
| 13 | PH PARKER-HANNIFIN CORP | Industrials | 2.0% | $29.1m | 47,952 | 53% | added |
| 14 | HBM HUDBAY MINERALS INC | Basic Materials | 1.9% | $27.2m | 3,580,871 | -8% | reduced |
| 15 | FNV FRANCO NEV CORP | Basic Materials | 1.7% | $24.4m | 154,622 | 202% | added |
| 16 | ETR ENTERGY CORP NEW | Utilities | 1.6% | $24.1m | 281,932 | 31% | added |
| 17 | SN SHARKNINJA INC | Consumer Cyclical | 1.6% | $23.5m | 282,158 | 67% | added |
| 18 | FOXA FOX CORP | Communication Services | 1.5% | $22.3m | 393,611 | – | new |
| 19 | JCI JOHNSON CTLS INTL PLC | Industrials | 1.5% | $21.8m | 272,227 | – | new |
| 20 | EXE EXPAND ENERGY CORPORATION | Energy | 1.5% | $21.5m | 193,000 | -63% | reduced |
| 21 | PWR QUANTA SVCS INC | Industrials | 1.4% | $20.1m | 79,038 | – | new |
| 22 | WCN WASTE CONNECTIONS INC | Industrials | 1.4% | $20.0m | 102,408 | -2% | reduced |
| 23 | IMO IMPERIAL OIL LTD | Energy | 1.4% | $19.9m | 275,000 | – | new |
| 24 | XPO XPO INC | Industrials | 1.4% | $19.9m | 184,635 | 34% | added |
| 25 | EOG EOG RES INC | Energy | 1.3% | $19.2m | 150,000 | -40% | reduced |
| 26 | SPGI S&P GLOBAL INC | Financial Services | 1.3% | $19.0m | 37,357 | 230% | added |
| 27 | SII SPROTT INC | Financial Services | 1.2% | $17.9m | 398,424 | -29% | reduced |
| 28 | TDG TRANSDIGM GROUP INC | Industrials | 1.2% | $17.4m | 12,575 | – | new |
| 29 | MTN VAIL RESORTS INC | Consumer Cyclical | 1.2% | $17.4m | 108,441 | – | new |
| 30 | PLD PROLOGIS INC. | Real Estate | 1.2% | $17.2m | 153,702 | -20% | reduced |
| 31 | NXE NEXGEN ENERGY LTD | Energy | 1.2% | $16.9m | 3,763,259 | -36% | reduced |
| 32 | CNI CANADIAN NATL RY CO | Industrials | 1.0% | $15.1m | 154,819 | 1% | added |
| 33 | AGI ALAMOS GOLD INC NEW | Basic Materials | 1.0% | $14.5m | 543,854 | -12% | reduced |
| 34 | SHW SHERWIN WILLIAMS CO | Basic Materials | 1.0% | $14.3m | 41,012 | -24% | reduced |
| 35 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 1.0% | $14.1m | 281,432 | – | new |
| 36 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 1.0% | $14.0m | 29,317 | -72% | reduced |
| 37 | TRP TC ENERGY CORP | Energy | 0.9% | $13.8m | 292,952 | -4% | reduced |
| 38 | EVR EVERCORE INC | Financial Services | 0.9% | $13.7m | 68,828 | – | new |
| 39 | BR BROADRIDGE FINL SOLUTIONS IN | Technology | 0.9% | $13.7m | 56,651 | – | new |
| 40 | EWG ISHARES INC | 0.9% | $13.7m | 370,130 | – | new | |
| 41 | VNOM VIPER ENERGY INC | 0.9% | $13.5m | 300,000 | 500% | added | |
| 42 | RY ROYAL BK CDA | Financial Services | 0.9% | $13.5m | 119,992 | 0% | held |
| 43 | EQX EQUINOX GOLD CORP | Basic Materials | 0.9% | $13.5m | 1,965,875 | -49% | reduced |
| 44 | LAMR LAMAR ADVERTISING CO NEW | Real Estate | 0.9% | $13.3m | 116,755 | – | new |
| 45 | OVV OVINTIV INC | Energy | 0.9% | $13.1m | 305,000 | 11% | added |
| 46 | JPM JPMORGAN CHASE & CO. | Financial Services | 0.9% | $13.0m | 53,142 | 2662% | added |
| 47 | WTW WILLIS TOWERS WATSON PLC LTD | Financial Services | 0.9% | $13.0m | 38,536 | – | new |
| 48 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 0.9% | $12.9m | 61,976 | – | new |
| 49 | WEC WEC ENERGY GROUP INC | Utilities | 0.8% | $12.2m | 112,011 | – | new |
| 50 | BURL BURLINGTON STORES INC | Consumer Cyclical | 0.8% | $11.9m | 49,743 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.