Canoe Financial LP

CALGARY, A0 · CIK 1908219 · 13F filing filed 2026-07-16

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityCanoe Financial LP (CA)

Others nearbyCalgary

$8.1bn reported value +10.1% vs Q1 2026

110positions

33.4%in top 10

5 new 41 added 57 reduced 7 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	CANADIAN NATL RY CO COM CNI	CNI	3,407,690	$406.3m5.03%	5.03%	Reduced -18.8k	-18,776 -0.6%
2	SCHLUMBERGER LTD COM STK SLB	SLB	7,730,966	$358.9m4.45%	4.45%	Added +3.5m	+3,489,344 82.3%
3	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	720,570	$344.1m4.26%	4.26%	Reduced -144.2k	-144,200 -16.7%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	721,114	$257.7m3.19%	3.19%	Reduced -135.8k	-135,800 -15.8%
5	RESTAURANT BRANDS INTL INC COM QSR	QSR	3,354,908	$243.1m3.01%	3.01%	Added +6.9k	+6,865 0.2%
6	VISA INC COM CL A V	V	663,320	$227.6m2.82%	2.82%	Reduced -18.7k	-18,677 -2.7%
7	CVS HEALTH CORP COM CVS	CVS	2,193,833	$227.0m2.81%	2.81%	Added +23.9k	+23,872 1.1%
8	OTIS WORLDWIDE CORP COM OTIS	OTIS	3,044,476	$218.0m2.70%	2.70%	Added +594.1k	+594,140 24.2%
9	EQT CORP COM EQT	EQT	4,020,858	$215.4m2.67%	2.67%	Added +1.0m	+1,030,676 34.5%
10	HALLIBURTON CO COM HAL	HAL	5,789,518	$196.6m2.43%	2.43%	Added +1.7m	+1,723,741 42.4%
11	CANADIAN PACIFIC KANSAS CITY COM CP	CP	2,226,842	$192.9m2.39%	2.39%	Added +194.4k	+194,364 9.6%
12	PHILIP MORRIS INTL INC COM PM	PM	1,016,158	$183.8m2.28%	2.28%	Added +27.9k	+27,950 2.8%
13	JOHNSON & JOHNSON COM JNJ	JNJ	716,237	$181.9m2.25%	2.25%	Added +1.2k	+1,219 0.2%
14	MICROSOFT CORP COM MSFT	MSFT	465,891	$173.8m2.15%	2.15%	Reduced -47.4k	-47,440 -9.2%
15	ROSS STORES INC COM ROST	ROST	800,488	$170.4m2.11%	2.11%	Added +6.6k	+6,577 0.8%
16	MOODYS CORP COM MCO	MCO	373,122	$169.0m2.09%	2.09%	Reduced -18.8k	-18,760 -4.8%
17	RB GLOBAL INC COM RBA	RBA	1,400,855	$162.9m2.02%	2.02%	Added +34.5k	+34,545 2.5%
18	CORTEVA INC COM CTVA	CTVA	1,867,231	$158.1m1.96%	1.96%	Added +582.0k	+582,038 45.3%
19	INTERCONTINENTAL HOTELS GROUP COMMON STOCK ICHGF	ICHGF	902,654	$155.5m1.93%	1.93%	Reduced -166.0k	-165,951 -15.5%
20	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	309,994	$155.4m1.92%	1.92%	Added +149.0k	+148,999 92.5%
21	DEERE & CO COM DE	DE	239,931	$152.2m1.88%	1.88%	Added +61.3k	+61,314 34.3%
22	MASTERCARD INCORPORATED CL A MA	MA	295,001	$151.5m1.88%	1.88%	Reduced -7.8k	-7,780 -2.6%
23	TEXAS INSTRS INC COM TXN	TXN	498,756	$148.7m1.84%	1.84%	Added +3.9k	+3,870 0.8%
24	ROYAL BK CDA COM RY	RY	698,838	$144.6m1.79%	1.79%	Added +5.3k	+5,267 0.8%
25	ELEVANCE HEALTH INC COM ELV	ELV	363,504	$140.6m1.74%	1.74%	Reduced -3.8k	-3,783 -1.0%
26	ANALOG DEVICES INC COM ADI	ADI	353,188	$140.3m1.74%	1.74%	Added +3.7k	+3,703 1.1%
27	NUTRIEN LTD COM NTR	NTR	2,132,438	$134.2m1.66%	1.66%	Added +812.5k	+812,491 61.5%
28	LOCKHEED MARTIN CORP COM LMT	LMT	261,015	$133.0m1.65%	1.65%	Added +2.9k	+2,939 1.1%
29	AUTOZONE INC COM AZO	AZO	41,081	$131.3m1.63%	1.63%	Reduced -3.4k	-3,380 -7.6%
30	WELLS FARGO CO NEW COM WFC	WFC	1,567,786	$129.6m1.60%	1.60%	Added +196.9k	+196,905 14.4%
31	RANGE RES CORP COM RRC	RRC	3,313,891	$123.3m1.53%	1.53%	Added +1.0m	+1,023,582 44.7%
32	M & T BK CORP COM MTB	MTB	500,469	$119.1m1.48%	1.48%	Added +7.2k	+7,165 1.4%
33	ENERFLEX LTD COM EFXT	EFXT	4,701,871	$115.4m1.43%	1.43%	Added +72.3k	+72,312 1.6%
34	CME GROUP INC COM CME	CME	490,242	$108.3m1.34%	1.34%	Reduced -6.2k	-6,160 -1.2%
35	DANAHER CORPORATION COM DHR	DHR	558,214	$106.3m1.32%	1.32%	New
36	EMERSON ELEC CO COM EMR	EMR	726,462	$104.0m1.29%	1.29%	Added +481.0k	+481,037 196.0%
37	SHERWIN WILLIAMS CO COM SHW	SHW	294,897	$101.5m1.26%	1.26%	Reduced -24.5k	-24,520 -7.7%
38	TECK RESOURCES LTD CL B TECK	TECK	1,693,501	$100.8m1.25%	1.25%	Added +12.8k	+12,760 0.8%
39	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	817,651	$100.7m1.25%	1.25%	Added +356.2k	+356,171 77.2%
40	MSCI INC COM MSCI	MSCI	179,551	$100.6m1.25%	1.25%	Reduced -5.2k	-5,200 -2.8%
41	TJX COS INC NEW COM TJX	TJX	661,117	$100.2m1.24%	1.24%	Reduced -57.4k	-57,400 -8.0%
42	CENOVUS ENERGY INC COM CVE	CVE	3,959,392	$98.1m1.22%	1.22%	Reduced -251.8k	-251,789 -6.0%
43	CANADIAN NAT RES LTD COM CNQ	CNQ	2,437,345	$96.4m1.19%	1.19%	Reduced -996.2k	-996,162 -29.0%
44	CARRIER GLOBAL CORPORATION COM CARR	CARR	998,100	$73.2m0.91%	0.91%	Reduced -82.0k	-82,050 -7.6%
45	WHEATON PRECIOUS METALS CORP COM WPM	WPM	598,860	$67.3m0.83%	0.83%	Added +143.2k	+143,159 31.4%
46	AGNICO EAGLE MINES LTD COM AEM	AEM	427,922	$66.4m0.82%	0.82%	Added +71.1k	+71,092 19.9%
47	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	50,294	$64.3m0.80%	0.80%	Reduced -1.5k	-1,530 -3.0%
48	AMAZON COM INC COM AMZN	AMZN	269,200	$64.2m0.79%	0.79%	Added +178.4k	+178,400 196.5%
49	WEATHERFORD INTL PLC ORD SHS WFRD	WFRD	682,100	$55.6m0.69%	0.69%	Added +152.9k	+152,900 28.9%
50	FISERV INC COM FISV	FISV	1,003,360	$49.3m0.61%	0.61%	Added +527.9k	+527,910 111.0%
51	TRANSOCEAN LTD REGISTERED SHS RIG	RIG	8,682,600	$42.5m0.53%	0.53%	Added +5.1m	+5,111,200 143.1%
52	NORTHROP GRUMMAN CORP COM NOC	NOC	53,939	$27.5m0.34%	0.34%	Added +586	+586 1.1%
53	HELMERICH & PAYNE INC COM HP	HP	821,162	$26.9m0.33%	0.33%	Reduced -98.3k	-98,338 -10.7%
54	EXPAND ENERGY CORPORATION COM EXE	EXE	254,892	$25.2m0.31%	0.31%	Reduced -838.5k	-838,544 -76.7%
55	KLA CORP COM NEW KLAC	KLAC	73,000	$22.0m0.27%	0.27%	Added +27.8k	+27,800 61.5%
56	UNITEDHEALTH GROUP INC COM UNH	UNH	50,838	$21.1m0.26%	0.26%	Added +5.4k	+5,399 11.9%
57	S&P GLOBAL INC COM SPGI	SPGI	48,139	$19.6m0.24%	0.24%	Reduced -4.4k	-4,437 -8.4%
58	BOYD GROUP SERVICES INC COM BGSI	BGSI	190,754	$18.0m0.22%	0.22%	Reduced -59.4k	-59,376 -23.7%
59	AON PLC SHS CL A AON	AON	45,829	$15.2m0.19%	0.19%	Reduced -9.4k	-9,360 -17.0%
60	TIDEWATER INC NEW COM TDW	TDW	210,456	$14.0m0.17%	0.17%	Reduced -64.3k	-64,344 -23.4%
61	SAP SE COM SAPGF	SAPGF	83,330	$12.8m0.16%	0.16%	Reduced -28.1k	-28,100 -25.2%
62	LOWES COS INC COM LOW	LOW	57,044	$12.6m0.16%	0.16%	Added +12.8k	+12,760 28.8%
63	LINDE PLC SHS LIN	LIN	23,838	$12.4m0.15%	0.15%	Reduced -2.2k	-2,200 -8.4%
64	ALCON AG ORD SHS ALC	ALC	177,528	$12.0m0.15%	0.15%	Reduced -54.7k	-54,700 -23.6%
65	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	32,247	$10.7m0.13%	0.13%	Reduced -5.1k	-5,080 -13.6%
66	DIAGEO PLC COM DGEAF	DGEAF	452,530	$9.1m0.11%	0.11%	Reduced -180.3k	-180,300 -28.5%
67	RALLIANT CORP COM RAL	RAL	122,728	$9.0m0.11%	0.11%	Added +4.1k	+4,106 3.5%
68	UNILEVER PLC COM UNLYF	UNLYF	146,048	$8.8m0.11%	0.11%	Reduced -88.5k	-88,500 -37.7%
69	TRANSALTA CORP COM TAC	TAC	550,000	$7.6m0.09%	0.09%	New
70	PUBLIC POL HLDG CO INC ORD SHS PPHC	PPHC	1,017,732	$7.5m0.09%	0.09%	Reduced -1.4k	-1,386 -0.1%
71	VOLUTION GROUP PLC COMMON STOCK VLUTF	VLUTF	907,233	$7.4m0.09%	0.09%	Reduced -17.1k	-17,120 -1.9%
72	PEPSICO INC COM PEP	PEP	53,440	$7.2m0.09%	0.09%	Reduced -12.0k	-12,000 -18.3%
73	COLGATE PALMOLIVE CO COM CL	CL	73,246	$6.7m0.08%	0.08%	Reduced -6.0k	-6,000 -7.6%
74	HDFC BANK LTD SPONSORED ADS HDB	HDB	248,680	$6.4m0.08%	0.08%	Reduced -94.4k	-94,400 -27.5%
75	GRACO INC COM GGG	GGG	77,471	$5.9m0.07%	0.07%	Reduced -364.3k	-364,303 -82.5%
76	COPART INC COM CPRT	CPRT	197,427	$5.6m0.07%	0.07%	Reduced -43.4k	-43,400 -18.0%
77	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	56,520	$5.6m0.07%	0.07%	Reduced -1.0k	-1,026 -1.8%
78	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	14,315	$5.5m0.07%	0.07%	Added +7.8k	+7,760 118.4%
79	SALESFORCE INC COM CRM	CRM	32,500	$5.1m0.06%	0.06%	Unchanged
80	VERISIGN INC COM VRSN	VRSN	20,019	$5.0m0.06%	0.06%	Added +694	+694 3.6%
81	CGI INC CL A SUB VTG GIB	GIB	65,000	$4.2m0.05%	0.05%	Unchanged
82	ABBOTT LABS COM ABT	ABT	40,000	$3.6m0.04%	0.04%	Unchanged
83	FIRSTSERVICE CORP NEW COM FSV	FSV	24,132	$3.4m0.04%	0.04%	Reduced -827	-827 -3.3%
84	DESCARTES SYS GROUP INC COM DSGX	DSGX	48,632	$3.4m0.04%	0.04%	Reduced -16.3k	-16,334 -25.1%
85	ALAMOS GOLD INC NEW COM CL A AGI	AGI	110,826	$3.4m0.04%	0.04%	Reduced -5.0k	-4,958 -4.3%
86	EQUIFAX INC COM EFX	EFX	17,812	$3.3m0.04%	0.04%	Unchanged
87	BANK OF NT BUTTERFIELD&SON L SHS NEW NTB	NTB	51,860	$3.1m0.04%	0.04%	Reduced -7.1k	-7,106 -12.1%
88	ISHARES TR MSCI EAFE ETF EFA	EFA	26,620	$3.0m0.04%	0.04%	New
89	ROPER TECHNOLOGIES INC COM ROP	ROP	8,891	$3.0m0.04%	0.04%	Reduced -826	-826 -8.5%
90	MARRIOTT INTL INC NEW CL A MAR	MAR	7,993	$3.0m0.04%	0.04%	Reduced -93.6k	-93,599 -92.1%
91	KINROSS GOLD CORP COM KGC	KGC	116,586	$2.8m0.03%	0.03%	Reduced -21.6k	-21,600 -15.6%
92	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	10,225	$2.7m0.03%	0.03%	Reduced -3.9k	-3,891 -27.6%
93	OR ROYALTIES INC. COM SHS OR	OR	79,732	$2.5m0.03%	0.03%	Added +27.2k	+27,160 51.7%
94	STANTEC INC COM STN	STN	34,796	$2.4m0.03%	0.03%	Reduced -28.4k	-28,360 -44.9%
95	ATS CORPORATION COM ATS	ATS	83,024	$2.4m0.03%	0.03%	Reduced -4.4k	-4,406 -5.0%
96	AMERICAN EXPRESS CO COM AXP	AXP	6,282	$2.1m0.03%	0.03%	Reduced -10.2k	-10,218 -61.9%
97	WASTE CONNECTIONS INC COM WCN	WCN	12,000	$2.0m0.02%	0.02%	Unchanged
98	THE CIGNA GROUP COM CI	CI	5,826	$1.6m0.02%	0.02%	Reduced -629	-629 -9.7%
99	SYNCHRONY FINANCIAL COM SYF	SYF	21,094	$1.6m0.02%	0.02%	Unchanged
100	SUNBELT RENTALS HOLDINGS INC SHS SUNB	SUNB	17,178	$1.3m0.02%	0.02%	Reduced -1.1m	-1,110,004 -98.5%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MEDTRONIC PLC MDT	MDT	743,236	$64.4m743.2k shares
BROOKFIELD ASSET MANAGMT LTD BAM	BAM	162,000	$7.2m162.0k shares
NIKE INC NKE	NKE	91,920	$4.9m91.9k shares
FACTSET RESH SYS INC FDS	FDS	19,915	$4.3m19.9k shares
GRANITE REAL ESTATE INVT TR GRTUF	GRTUF	60,729	$3.6m60.7k shares
ADOBE INC ADBE	ADBE	8,000	$1.9m8.0k shares
CAPITAL ONE FINL CORP COF	COF	3,727	$679.9k3.7k shares