Waratah Capital Advisors Ltd. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Waratah Capital Advisors Ltd. disclosed 121 US equity positions worth $1.5bn in its Q2 2025 13F filing. The largest position was NVDA at 4.0% of the reported book, followed by CGAU and STN. Against the Q1 2025 filing, it opened 8 new positions, added to 22 and reduced 20 among the top 50 holdings.
What did Waratah Capital Advisors Ltd. own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 4.0% | $59.1m | 374,017 | – | new |
| 2 | CGAU CENTERRA GOLD INC | Basic Materials | 3.3% | $48.2m | 6,678,897 | 35% | added |
| 3 | STN STANTEC INC | Industrials | 3.0% | $44.6m | 410,497 | 7% | added |
| 4 | CNQ CANADIAN NAT RES LTD | Energy | 3.0% | $43.9m | 1,397,570 | -15% | reduced |
| 5 | HBM HUDBAY MINERALS INC | Basic Materials | 2.5% | $37.4m | 3,522,351 | -2% | reduced |
| 6 | LNG CHENIERE ENERGY INC | Energy | 2.5% | $36.3m | 149,073 | 206% | added |
| 7 | MSFT MICROSOFT CORP | Technology | 2.4% | $35.4m | 71,157 | 1200% | added |
| 8 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 2.3% | $33.1m | 435,458 | – | new |
| 9 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 2.2% | $32.0m | 268,875 | -38% | reduced |
| 10 | KGC KINROSS GOLD CORP | Basic Materials | 2.2% | $32.0m | 2,045,851 | -36% | reduced |
| 11 | MTN VAIL RESORTS INC | Consumer Cyclical | 1.9% | $27.3m | 173,666 | 60% | added |
| 12 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 1.9% | $27.3m | 485,793 | 73% | added |
| 13 | TRI4EUR THOMSON REUTERS CORP | 1.8% | $26.9m | 133,793 | -33% | reduced | |
| 14 | META META PLATFORMS INC | Communication Services | 1.7% | $25.7m | 34,782 | 70% | added |
| 15 | DHR DANAHER CORPORATION | Healthcare | 1.7% | $25.6m | 129,394 | 380% | added |
| 16 | NXE NEXGEN ENERGY LTD | Energy | 1.7% | $24.6m | 3,539,978 | -6% | reduced |
| 17 | PG PROCTER AND GAMBLE CO | Consumer Defensive | 1.7% | $24.2m | 152,100 | 1491% | added |
| 18 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 1.6% | $24.2m | 44,017 | 50% | added |
| 19 | FIX COMFORT SYS USA INC | Industrials | 1.6% | $23.7m | 44,203 | 920% | added |
| 20 | CP CANADIAN PACIFIC KANSAS CITY | Industrials | 1.6% | $23.4m | 295,149 | 142% | added |
| 21 | JCI JOHNSON CTLS INTL PLC | Industrials | 1.6% | $23.3m | 220,588 | -19% | reduced |
| 22 | EXE EXPAND ENERGY CORPORATION | Energy | 1.4% | $21.2m | 181,496 | -6% | reduced |
| 23 | WELL WELLTOWER INC | Real Estate | 1.4% | $20.9m | 135,788 | – | new |
| 24 | IMO IMPERIAL OIL LTD | Energy | 1.4% | $20.8m | 262,010 | -5% | reduced |
| 25 | BR BROADRIDGE FINL SOLUTIONS IN | Technology | 1.3% | $19.4m | 79,692 | 41% | added |
| 26 | ROP ROPER TECHNOLOGIES INC | Technology | 1.3% | $19.3m | 34,019 | 73% | added |
| 27 | SXT SENSIENT TECHNOLOGIES CORP | Basic Materials | 1.3% | $18.4m | 186,447 | 295% | added |
| 28 | PAAS PAN AMERN SILVER CORP | Basic Materials | 1.2% | $17.8m | 628,023 | 6883% | added |
| 29 | EVR EVERCORE INC | Financial Services | 1.2% | $17.7m | 65,470 | -5% | reduced |
| 30 | FOXA FOX CORP | Communication Services | 1.2% | $17.4m | 311,143 | -21% | reduced |
| 31 | T AT&T INC | Communication Services | 1.2% | $17.4m | 602,277 | 52% | added |
| 32 | XPO XPO INC | Industrials | 1.2% | $17.3m | 137,115 | -26% | reduced |
| 33 | ELS EQUITY LIFESTYLE PPTYS INC | Real Estate | 1.2% | $17.1m | 277,027 | 166% | added |
| 34 | WCN WASTE CONNECTIONS INC | Industrials | 1.1% | $16.8m | 89,983 | -12% | reduced |
| 35 | CEG CONSTELLATION ENERGY CORP | Utilities | 1.1% | $16.8m | 51,967 | – | new |
| 36 | CAVA CAVA GROUP INC | Consumer Cyclical | 1.1% | $16.5m | 195,445 | 65% | added |
| 37 | SN SHARKNINJA INC | Consumer Cyclical | 1.1% | $16.5m | 166,275 | -41% | reduced |
| 38 | SUI SUN CMNTYS INC | Real Estate | 1.1% | $16.2m | 127,955 | – | new |
| 39 | VZLA VIZSLA SILVER CORP | 1.0% | $15.3m | 5,200,837 | – | new | |
| 40 | IDXX IDEXX LABS INC | Healthcare | 1.0% | $14.9m | 27,709 | -78% | reduced |
| 41 | TDG TRANSDIGM GROUP INC | Industrials | 1.0% | $14.3m | 9,381 | -25% | reduced |
| 42 | OVV OVINTIV INC | Energy | 0.9% | $13.3m | 350,622 | 15% | added |
| 43 | RRX REGAL REXNORD CORPORATION | Industrials | 0.9% | $13.0m | 89,559 | 36% | added |
| 44 | TRP TC ENERGY CORP | Energy | 0.9% | $12.7m | 260,571 | -11% | reduced |
| 45 | VST VISTRA CORP | Utilities | 0.9% | $12.5m | 64,655 | -33% | reduced |
| 46 | CNI CANADIAN NATL RY CO | Industrials | 0.8% | $12.1m | 115,955 | -25% | reduced |
| 47 | EQT EQT CORP | Energy | 0.8% | $11.8m | 202,513 | – | new |
| 48 | RY ROYAL BK CDA | Financial Services | 0.8% | $11.7m | 89,199 | -26% | reduced |
| 49 | SLF SUN LIFE FINANCIAL INC. | Financial Services | 0.8% | $11.6m | 174,679 | 14% | added |
| 50 | CNP CENTERPOINT ENERGY INC | Utilities | 0.8% | $11.6m | 314,424 | – | 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.