Sagard Holdings Management Inc.

Toronto, A6 · CIK 1941151 · 13F filing filed 2025-11-14

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 entitySagard Holdings Management Inc. (CA)

Others nearbyToronto

$20.0m reported value -44.1% vs Q2 2025

107positions

81.8%in top 10

1 new 0 added 4 reduced 7 sold out vs Q2 2025

This report includes the holdings of 2 other managers that share the investment decisions:

Power Corp of Canada – files its own report too
Grayhawk Investment Strategies Inc. – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q3 2025

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	ISHARES TR CORE S&P500 ETF IVV	IVV	9,911	$6.6m33.22%	33.22%	Unchanged
2	ISHARES TR MSCI USA MIN VOL USMV	USMV	37,714	$3.6m17.97%	17.97%	Unchanged
3	ISHARES TR MSCI EAFE ETF EFA	EFA	27,979	$2.6m13.08%	13.08%	Unchanged
4	NUTRIEN LTD COM NTR	NTR	25,930	$1.5m7.62%	7.62%	Unchanged
5	HARBOR ETF TRUST HARBOR COMMODITY HGER	HGER	26,242	$677.0k3.39%	3.39%	Reduced -121.2k	-121,220 -82.2%
6	ROYAL BK CDA COM RY	RY	2,752	$405.3k2.03%	2.03%	Unchanged
7	TORONTO DOMINION BK ONT COM NEW TD	TD	4,409	$352.3k1.76%	1.76%	Unchanged
8	SUN LIFE FINANCIAL INC. COM SLF	SLF	3,221	$193.3k0.97%	0.97%	Unchanged
9	BROOKFIELD CORP CL A LTD VT SH BN	BN	2,797	$191.8k0.96%	0.96%	Unchanged
10	MICROSOFT CORP COM MSFT	MSFT	315	$163.2k0.82%	0.82%	Unchanged
11	ENBRIDGE INC COM ENB	ENB	3,101	$156.3k0.78%	0.78%	Unchanged
12	APPLE INC COM AAPL	AAPL	588	$149.7k0.75%	0.75%	Unchanged
13	ALPHABET INC CAP STK CL A GOOGL	GOOGL	560	$136.1k0.68%	0.68%	Unchanged
14	SUNCOR ENERGY INC NEW COM SU	SU	3,004	$125.6k0.63%	0.63%	Unchanged
15	NVIDIA CORPORATION COM NVDA	NVDA	640	$119.4k0.60%	0.60%	Unchanged
16	BCE INC COM NEW BCE	BCE	4,866	$113.6k0.57%	0.57%	Unchanged
17	CITIGROUP INC COM NEW C	C	1,100	$111.7k0.56%	0.56%	Unchanged
18	META PLATFORMS INC CL A META	META	144	$105.8k0.53%	0.53%	Unchanged
19	WASTE CONNECTIONS INC COM WCN	WCN	599	$105.2k0.53%	0.53%	Unchanged
20	CANADIAN PACIFIC KANSAS CITY COM CP	CP	1,355	$100.8k0.50%	0.50%	Unchanged
21	MANULIFE FINL CORP COM MFC	MFC	3,081	$95.9k0.48%	0.48%	Unchanged
22	TELUS CORPORATION COM TU	TU	6,044	$95.1k0.48%	0.48%	Unchanged
23	BROADCOM INC COM AVGO	AVGO	280	$92.4k0.46%	0.46%	Unchanged
24	ISHARES TR MSCI EAFE MIN VL EFAV	EFAV	1,050	$89.1k0.45%	0.45%	Unchanged
25	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	555	$86.7k0.43%	0.43%	Reduced -5	-5 -0.9%
26	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	170	$85.5k0.43%	0.43%	Unchanged
27	FIRSTSERVICE CORP NEW COM FSV	FSV	416	$79.2k0.40%	0.40%	New
28	AMAZON COM INC COM AMZN	AMZN	360	$79.0k0.40%	0.40%	Unchanged
29	EXXON MOBIL CORP COM XOM	XOM	631	$71.1k0.36%	0.36%	Unchanged
30	JPMORGAN CHASE & CO COM JPM	JPM	222	$70.0k0.35%	0.35%	Unchanged
31	CANADIAN NAT RES LTD COM CNQ	CNQ	1,956	$62.5k0.31%	0.31%	Unchanged
32	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	525	$56.6k0.28%	0.28%	Unchanged
33	S&P GLOBAL INC COM SPGI	SPGI	114	$55.5k0.28%	0.28%	Unchanged
34	B2GOLD CORP COM BTG	BTG	10,680	$52.8k0.26%	0.26%	Unchanged
35	TJX COS INC NEW COM TJX	TJX	362	$52.3k0.26%	0.26%	Unchanged
36	BRP INC COM SUN VTG DOO	DOO	845	$51.3k0.26%	0.26%	Unchanged
37	TC ENERGY CORP COM TRP	TRP	942	$51.2k0.26%	0.26%	Unchanged
38	AON PLC SHS CL A AON	AON	142	$50.6k0.25%	0.25%	Unchanged
39	PARKER-HANNIFIN CORP COM PH	PH	66	$50.0k0.25%	0.25%	Unchanged
40	BANK AMERICA CORP COM BAC	BAC	897	$46.3k0.23%	0.23%	Unchanged
41	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	703	$40.0k0.20%	0.20%	Reduced -7	-7 -1.0%
42	OPEN TEXT CORP COM OTEX	OTEX	1,015	$37.9k0.19%	0.19%	Unchanged
43	PFIZER INC COM PFE	PFE	1,472	$37.5k0.19%	0.19%	Unchanged
44	MASTERCARD INCORPORATED CL A MA	MA	65	$37.0k0.19%	0.19%	Unchanged
45	ISHARES TR MSCI ACWI ETF ACWI	ACWI	250	$34.6k0.17%	0.17%	Unchanged
46	UNION PAC CORP COM UNP	UNP	145	$34.3k0.17%	0.17%	Unchanged
47	UNITEDHEALTH GROUP INC COM UNH	UNH	94	$32.5k0.16%	0.16%	Unchanged
48	HOME DEPOT INC COM HD	HD	80	$32.4k0.16%	0.16%	Unchanged
49	VISA INC COM CL A V	V	87	$29.7k0.15%	0.15%	Unchanged
50	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	114	$29.6k0.15%	0.15%	Unchanged
51	CME GROUP INC COM CME	CME	109	$29.5k0.15%	0.15%	Unchanged
52	CATERPILLAR INC COM CAT	CAT	61	$29.1k0.15%	0.15%	Unchanged
53	MICRON TECHNOLOGY INC COM MU	MU	171	$28.6k0.14%	0.14%	Unchanged
54	ULTA BEAUTY INC COM ULTA	ULTA	46	$25.2k0.13%	0.13%	Unchanged
55	NORTHROP GRUMMAN CORP COM NOC	NOC	41	$25.0k0.13%	0.13%	Unchanged
56	INTUIT COM INTU	INTU	36	$24.6k0.12%	0.12%	Unchanged
57	GE AEROSPACE COM NEW GE	GE	81	$24.4k0.12%	0.12%	Unchanged
58	SHERWIN WILLIAMS CO COM SHW	SHW	69	$23.9k0.12%	0.12%	Unchanged
59	COSTCO WHSL CORP NEW COM COST	COST	24	$22.2k0.11%	0.11%	Unchanged
60	MAGNA INTL INC COM MGA	MGA	423	$20.0k0.10%	0.10%	Unchanged
61	CAPITAL ONE FINL CORP COM COF	COF	93	$19.8k0.10%	0.10%	Unchanged
62	SIMON PPTY GROUP INC NEW COM SPG	SPG	105	$19.7k0.10%	0.10%	Unchanged
63	ADOBE INC COM ADBE	ADBE	54	$19.0k0.10%	0.10%	Unchanged
64	TEXAS INSTRS INC COM TXN	TXN	103	$18.9k0.09%	0.09%	Unchanged
65	PROCTER AND GAMBLE CO COM PG	PG	122	$18.7k0.09%	0.09%	Unchanged
66	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	37	$17.9k0.09%	0.09%	Unchanged
67	DIAMONDBACK ENERGY INC COM FANG	FANG	122	$17.5k0.09%	0.09%	Unchanged
68	TESLA INC COM TSLA	TSLA	39	$17.3k0.09%	0.09%	Unchanged
69	QUALCOMM INC COM QCOM	QCOM	98	$16.3k0.08%	0.08%	Unchanged
70	MCDONALDS CORP COM MCD	MCD	53	$16.1k0.08%	0.08%	Unchanged
71	ENTERGY CORP NEW COM ETR	ETR	144	$13.4k0.07%	0.07%	Unchanged
72	YUM BRANDS INC COM YUM	YUM	82	$12.5k0.06%	0.06%	Unchanged
73	GILEAD SCIENCES INC COM GILD	GILD	111	$12.3k0.06%	0.06%	Unchanged
74	GE VERNOVA INC COM GEV	GEV	20	$12.3k0.06%	0.06%	Unchanged
75	ABBOTT LABS COM ABT	ABT	91	$12.2k0.06%	0.06%	Unchanged
76	MEDTRONIC PLC SHS MDT	MDT	127	$12.1k0.06%	0.06%	Unchanged
77	FIDELITY NATL INFORMATION SV COM FIS	FIS	181	$11.9k0.06%	0.06%	Unchanged
78	MERCK & CO INC COM MRK	MRK	134	$11.2k0.06%	0.06%	Unchanged
79	COCA COLA CO COM KO	KO	154	$10.2k0.05%	0.05%	Unchanged
80	PPG INDS INC COM PPG	PPG	95	$10.0k0.05%	0.05%	Unchanged
81	DISNEY WALT CO COM DIS	DIS	87	$10.0k0.05%	0.05%	Unchanged
82	JOHNSON & JOHNSON COM JNJ	JNJ	49	$9.1k0.05%	0.05%	Unchanged
83	DANAHER CORPORATION COM DHR	DHR	43	$8.5k0.04%	0.04%	Unchanged
84	GENERAL MTRS CO COM GM	GM	134	$8.2k0.04%	0.04%	Unchanged
85	ESSEX PPTY TR INC COM ESS	ESS	30	$8.0k0.04%	0.04%	Unchanged
86	BECTON DICKINSON & CO COM BDX	BDX	42	$7.9k0.04%	0.04%	Unchanged
87	NEXTERA ENERGY INC COM NEE	NEE	102	$7.7k0.04%	0.04%	Unchanged
88	PAYPAL HLDGS INC COM PYPL	PYPL	101	$6.8k0.03%	0.03%	Unchanged
89	ZOETIS INC CL A ZTS	ZTS	46	$6.7k0.03%	0.03%	Unchanged
90	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	85	$6.5k0.03%	0.03%	Unchanged
91	GLOBAL X FDS GLOBAL X SILVER SIL	SIL	90	$6.4k0.03%	0.03%	Unchanged
92	COMCAST CORP NEW CL A CMCSA	CMCSA	199	$6.3k0.03%	0.03%	Unchanged
93	FORD MTR CO COM F	F	468	$5.6k0.03%	0.03%	Unchanged
94	AMPLIFY ETF TR AMPLIFY JUNIOR S SILJ	SILJ	235	$5.4k0.03%	0.03%	Unchanged
95	INTEL CORP COM INTC	INTC	155	$5.2k0.03%	0.03%	Unchanged
96	STANLEY BLACK & DECKER INC COM SWK	SWK	68	$5.1k0.03%	0.03%	Unchanged
97	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	45	$4.5k0.02%	0.02%	Unchanged
98	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	15	$4.1k0.02%	0.02%	Unchanged
99	DOW INC COM DOW	DOW	144	$3.3k0.02%	0.02%	Unchanged
100	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	27	$2.0k0.01%	0.01%	Unchanged

Sold out since Q2 2025

Security	Ticker	Shares held before	Value then
VANGUARD BD INDEX FDS VUSB	VUSB	70,180	$3.5m70.2k shares
VANGUARD SCOTTSDALE FDS VGSH	VGSH	58,692	$3.4m58.7k shares
SPDR SER TR SPTS	SPTS	117,745	$3.4m117.7k shares
SPDR SER TR BIL	BIL	37,458	$3.4m37.5k shares
AGNICO EAGLE MINES LTD AEM	AEM	416	$72.6k416 shares
IGM Financial Inc IGIFF	IGIFF	977	$30.9k977 shares
BROOKFIELD PROPERTY PREFERRED BPY 6.25 07.26.81	BPY 6.25 07.26.81	2	$302 shares