Canoe Financial portfolio

What changed this quarter

92 positions with a change (8 new, 25 added to, 48 trimmed, 11 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Ross Stores−2.1 ppof portfolioSold out
  2.1% → —
• Expand Energy+584%more sharesIncreased
  0.3% → 1.9%
• Equifax+4,373%more sharesIncreased
  under 0.1% → 1.4%
• Agnico Eagle Mines+131%more sharesIncreased
  0.8% → 2.2%
• Halliburton−54%fewer sharesReduced
  2.4% → 1.1%
• Wheaton Precious Metals+79%more sharesIncreased
  0.8% → 1.8%
• Microsoft−22%fewer sharesReduced
  2.2% → 2.3%
• Uber Technologies+0.6 ppof portfolioNew
  — → 0.6%
• Danaher+43%more sharesIncreased
  1.3% → 2.1%
• Texas Instruments−35%fewer sharesReduced
  1.8% → 1.1%
• Emerson Electric+41%more sharesIncreased
  1.3% → 2.0%
• Transocean−0.5 ppof portfolioSold out
  0.5% → —

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Canadian National RailwayCNI4.8%
• SLBSLB4.6%
• Taiwan Semiconductor ManufacturingTSM3.7%
• VisaV3.0%
• Restaurant Brands InternationalQSR2.9%
• AlphabetGOOGL2.8%
• EQTEQT2.6%
• Otis WorldwideOTIS2.6%
• Philip Morris InternationalPM2.4%
• Canadian Pacific Kansas CityCP2.4%
• Thermo Fisher ScientificTMO2.3%
• MicrosoftMSFT2.3%
• Johnson & JohnsonJNJ2.3%
• Agnico Eagle MinesAEM2.2%
• CVS HealthCVS2.1%
• DanaherDHR2.1%
• Emerson ElectricEMR2.0%
• NutrienNTR2.0%
• DeereDE2.0%
• MastercardMA2.0%
• Moody'sMCO1.9%
• Expand EnergyEXE1.9%
• Range ResourcesRRC1.8%
• Wheaton Precious MetalsWPM1.8%
• Elevance HealthELV1.7%
• Royal Bank of CanadaRY1.7%
• Lockheed MartinLMT1.6%
• InterContinental Hotels GroupICHGF1.6%
• Intercontinental ExchangeICE1.6%
• Wells FargoWFC1.6%
• Cenovus EnergyCVE1.6%
• Canadian Natural ResourcesCNQ1.6%
• EnerflexEFXT1.5%
• RB GlobalRBA1.5%
• CME GroupCME1.5%
• Analog DevicesADI1.4%
• EquifaxEFX1.4%
• TECK ResourcesTECK1.4%
• AutoZoneAZO1.4%
• M&t BankMTB1.4%
• Amazon.comAMZN1.2%
• TJXTJX1.2%
• Sherwin-williamsSHW1.1%
• MSCIMSCI1.1%
• Texas InstrumentsTXN1.1%
• HalliburtonHAL1.1%
• Mettler-Toledo InternationalMTD0.8%
• UBER TechnologiesUBER0.6%
• Carrier GlobalCARR0.6%
• FiservFISV0.6%
• LindeLIN0.5%
• Weatherford InternationalWFRD0.5%
• Northrop GrummanNOC0.3%
• CortevaCTVA0.3%
• Talen EnergyTLN0.3%
• TransaltaTAC0.3%
• UnitedHealth GroupUNH0.2%
• S&P GlobalSPGI0.2%
• Vermilion EnergyVET0.2%
• KLAKLAC0.2%
• SAPSAPGF0.2%
• Boyd Group ServicesBGSI0.2%
• AlconALC0.1%
• Lowe'sLOW0.1%
• AonAON0.1%
• Hilton Worldwide HoldingsHLT0.1%
• Public Policy HoldingPPHC0.1%
• RalliantRAL0.1%
• DiageoDGEAF0.1%
• SalesforceCRM0.1%
• Volution GroupVLUTF0.1%
• Vaneck ETF TrustGDXJ0.1%
• PepsicoPEP0.1%
• Hdfc BankHDB0.1%
• VerisignVRSN0.1%
• GracoGGG0.1%
• BroadcomAVGO0.1%
• Colgate-palmoliveCL0.1%
• AllegionALLE0.1%
• Vaneck ETF TrustGDX0.1%
• CGIGIB0.1%
• Descartes Systems GroupDSGX0.1%
• OR RoyaltiesOR0.1%
• CopartCPRTunder 0.1%
• VontierVNTunder 0.1%
• FirstServiceFSVunder 0.1%
• Marriott InternationalMARunder 0.1%
• Alamos GoldAGIunder 0.1%
• StantecSTNunder 0.1%
• Willis Towers WatsonWTWunder 0.1%
• Kinross GoldKGCunder 0.1%
• SLMSLMunder 0.1%
• American ExpressAXPunder 0.1%
• GFL EnvironmentalGFLunder 0.1%
• Synchrony FinancialSYFunder 0.1%
• Cigna GroupCIunder 0.1%
• Bank of N.T. Butterfield & SonNTBunder 0.1%
• Toronto Dominion BankTDunder 0.1%
• Roper TechnologiesROPunder 0.1%
• Sunbelt Rentals HoldingsSUNBunder 0.1%