ENERFLEX LTD EFXT
COM · Common Stock · CUSIP 29269R105
- SectorIndustrials
- IndustryGeneral Industrial Machinery & Equipment
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($14.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.03. Options: 5 managers hold calls ($2.8m notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2022 | 78 |
| Q1 2023 | 79 |
| Q2 2023 | 77 |
| Q3 2023 | 83 |
| Q4 2023 | 75 |
| Q1 2024 | 81 |
| Q2 2024 | 83 |
| Q3 2024 | 84 |
| Q4 2024 | 96 |
| Q1 2025 | 123 |
| Q2 2025 | 124 |
| Q3 2025 | 138 |
| Q4 2025 | 156 |
| Q1 2026 | 161 |
| Q2 2026 | 167 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 40 | 40 |
| Q4 2024 | 53 | 38 |
| Q1 2025 | 83 | 36 |
| Q2 2025 | 61 | 64 |
| Q3 2025 | 69 | 58 |
| Q4 2025 | 90 | 57 |
| Q1 2026 | 86 | 70 |
| Q2 2026 | 83 | 80 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $21.3k | $2.1k | 0.10 |
| Q4 2025 | $1.5k | $1.5k | 1.00 |
| Q1 2026 | $2.8m | $420.1k | 0.15 |
| Q2 2026 | $2.8m | $0 | 0.00 |
Biggest buyers
| Connor, Clark & Lunn Investment Management Ltd. | Added | +2.3m |
| INTACT INVESTMENT MANAGEMENT INC. | Added | +1.3m |
| ROYAL BANK OF CANADA | Added | +641.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +490.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +443.0k |
| BANK OF MONTREAL /CAN/ | Added | +425.7k |
| HENNESSY ADVISORS INC | New | +346.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +321.2k |
| GOLDMAN SACHS GROUP INC | Added | +306.7k |
| TD Waterhouse Canada Inc. | Added | +238.6k |
Biggest sellers
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.9m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.5m |
| Alberta Investment Management Corp | Reduced | -776.7k |
| Man Group plc | Reduced | -698.0k |
| LETKO, BROSSEAU & ASSOCIATES INC | Reduced | -582.4k |
| MORGAN STANLEY | Reduced | -541.9k |
| 1832 Asset Management L.P. | Reduced | -471.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -363.2k |
| D. E. Shaw & Co., Inc. | Reduced | -356.6k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -238.1k |
Biggest calls
| ROYAL BANK OF CANADA | Added | $833.0k34.0k shares |
| SIG North Trading, ULC | Reduced | $826.0k33.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $732.8k29.9k shares |
| SIMPLEX TRADING, LLC | New | $264.7k10.8k shares |
| TORONTO DOMINION BANK | Added | $122.7k5.0k shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Connor, Clark & Lunn Investment Management Ltd. 13G · institution -1.3 pts · filed 2026-05-07 | 9.2% |
Fell to 5% or below in the last year: ROYAL BANK OF CANADA (4.9%, 2026-02-13)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Connor, Clark & Lunn Investment Management Ltd. 0.63% of their portfolio | 13.5m $330.5m | Added +2.3m |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 8.5m $209.1m | Added +641.5k |
| Canoe Financial LP 1.43% of their portfolio | 4.7m $115.4m | Added +72.3k |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 3.8m $133.0m | Reduced -1.5m |
| Hillsdale Investment Management Inc. 2.02% of their portfolio | 3.6m $88.7m | Reduced -216.3k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 3.6m $87.4m | Added +425.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.5m $86.4m | Added +32.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.9m $70.6m | Reduced -541.9k |
| TD Asset Management Inc 0.06% of their portfolio | 2.8m $67.8m | Reduced -38.2k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 2.3m $55.6m | Added +490.1k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.72% of their portfolio | 2.0m $49.0m | Reduced -582.4k |
| 1832 Asset Management L.P. 0.05% of their portfolio | 1.5m $37.9m | Reduced -471.8k |
| INTACT INVESTMENT MANAGEMENT INC. 1.07% of their portfolio | 1.5m $37.6m | Added +1.3m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $36.2m | Added +306.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.4m $34.6m | Added +203.3k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.4m $33.9m | Added +36.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 1.4m $33.2m | Reduced -1.9m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $30.6m | Reduced -46.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.1m $26.2m | Added +3.9k |
| UBS Group AG 0.00% of their portfolio | 899.4k $22.0m | Reduced -200.3k |
| TORONTO DOMINION BANK 0.03% of their portfolio | 832.2k $20.4m | Added +196.5k |
| CIBC WORLD MARKET INC. 0.03% of their portfolio | 646.0k $15.9m | Reduced -107.1k |
| NewGen Asset Management Ltd 8.56% of their portfolio | 636.7k $15.6m | Reduced -100.0k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 615.2k $14.7m | Reduced -204.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 608.8k $14.9m | Added +443.0k |
| PCJ Investment Counsel Ltd. 4.26% of their portfolio | 604.2k $14.8m | Reduced -57.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio | 584.0k $14.3m | Reduced -44.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 560.0k $13.9m | Reduced -36.4k |
| TD Waterhouse Canada Inc. 0.03% of their portfolio | 558.0k $13.2m | Added +238.6k |
| AEGIS FINANCIAL CORP 2.14% of their portfolio | 551.2k $13.5m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 493.0k $12.1m | Added +69.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 490.5k $12.0m | Added +141.3k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 479.3k $11.7m | Reduced -216.4k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 424.4k $10.4m | Added +128.2k |
| Caldwell Investment Management Ltd. 6.62% of their portfolio | 411.0k $10.1m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 408.4k $13.3m | Added +321.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 405.7k $10.0m | Added +24.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 396.6k $9.7m | Reduced -33.1k |
| HENNESSY ADVISORS INC 0.27% of their portfolio | 346.8k $8.5m | New |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 312.3k $7.5m | Added +211.6k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 305.3k $7.5m | Reduced -37.0k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 293.9k $7.2m | Reduced -167.3k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 280.1k $6.9m | Added +6.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 279.6k $6.9m | Added +67.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 267.8k $6.6m | Added +70.8k |
| Triasima Portfolio Management inc. 0.86% of their portfolio | 260.8k $6.4m | Added +97.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 251.2k $6.2m | Reduced -4.0k |
| JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio | 247.5k $6.1m | Added +145.9k |
| Swiss National Bank 0.00% of their portfolio | 245.7k $6.0m | Added +3.5k |
| Quadrature Capital Ltd 0.05% of their portfolio | 245.6k $6.0m | Added +234.7k |
| RITHOLTZ WEALTH MANAGEMENT 0.09% of their portfolio | 232.7k $5.7m | Reduced -20.3k |
| Informed Momentum Co LLC 0.48% of their portfolio | 221.0k $5.4m | Reduced -82.1k |
| Ewing Morris & Co. Investment Partners Ltd. 2.82% of their portfolio | 220.0k $5.4m | Reduced -30.0k |
| Aventail Capital Group, LP 0.28% of their portfolio | 201.7k $4.9m | Reduced -32.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 187.5k $4.6m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 183.6k $4.5m | Added +27.1k |
| CREDIT AGRICOLE S A 0.01% of their portfolio | 180.0k $4.4m | Added +80.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 171.9k $4.2m | Reduced -236.1k |
| Global IMC LLC 11.45% of their portfolio | 162.5k $4.0m | Reduced -75.8k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio | 150.4k $3.7m | Added +46.3k |
| Northwest & Ethical Investments L.P. 0.09% of their portfolio | 149.4k $3.7m | Reduced -4.2k |
| Legal & General Group Plc 0.00% of their portfolio | 148.4k $3.6m | Added +8.4k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 144.2k $3.5m | Reduced -238.1k |
| Man Group plc 0.01% of their portfolio | 143.6k $3.5m | Reduced -698.0k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 141.6k $3.0m | Added +849 |
| CIBC Asset Management Inc 0.01% of their portfolio | 134.6k $3.3m | Added +14.9k |
| Voleon Capital Management LP 0.06% of their portfolio | 129.6k $3.2m | Added +38.4k |
| Nuveen, LLC 0.00% of their portfolio | 128.2k $3.1m | Reduced -42.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 121.4k $3.0m | Reduced -9.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 109.5k $2.7m | Reduced -137.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 103.4k $2.5m | Reduced -363.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 98.1k $2.4m | Added +6.9k |
| LPL Financial LLC 0.00% of their portfolio | 97.6k $2.4m | Added +7.6k |
| FIL Ltd 0.00% of their portfolio | 79.0k $1.9m | New |
| CoreCommodity Management, LLC 0.36% of their portfolio | 73.7k $1.8m | Added +93 |
| RENAISSANCE GROUP LLC 0.07% of their portfolio | 73.6k $1.8m | Reduced -1.4k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 73.5k $1.8m | Reduced -14.7k |
| Spark Investment Management LLC 3.35% of their portfolio | 70.0k $1.7m | Reduced -8.0k |
| Genus Capital Management Inc. 0.16% of their portfolio | 65.2k $1.6m | Added +13.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 64.4k $1.6m | Added +8.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 54.0k $1.3m | Reduced -13.6k |
| Timelo Investment Management Inc. 1.63% of their portfolio | 53.2k $1.3m | Reduced -75.0k |
| Engineers Gate Manager LP 0.02% of their portfolio | 51.1k $1.3m | Reduced -25.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 50.7k $1.2m | Reduced -356.6k |
| Tacita Capital Inc 0.65% of their portfolio | 49.1k $1.2m | Reduced -1.7k |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 49.1k $1.2m | Added +3.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 48.0k $1.2m | Added +2.2k |
| K.J. Harrison & Partners Inc 0.17% of their portfolio | 47.9k $1.2m | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio | 47.9k $1.2m | Reduced -2.7k |
| Claret Asset Management Corp 0.11% of their portfolio | 40.1k $985.0k | New |
| BARCLAYS PLC 0.00% of their portfolio | 39.1k $957.7k | Added +7.5k |
| PDT Partners, LLC 0.05% of their portfolio | 36.5k $893.4k | Added +9.3k |
| Caprock Group, LLC 0.02% of their portfolio | 36.1k $885.3k | Reduced -1.3k |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 35.4k $870.0k | Reduced -9.3k |
| Campbell & CO Investment Adviser LLC 0.04% of their portfolio | 34.2k $838.2k | Added +4.6k |
| Alberta Investment Management Corp 0.00% of their portfolio | 32.7k $801.4k | Reduced -776.7k |
| LVW Advisors, LLC 0.07% of their portfolio | 32.6k $798.3k | Added +6.7k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 32.5k $798.3k | Unchanged |
| XTX Topco Ltd 0.01% of their portfolio | 32.3k $791.6k | Reduced -16.7k |
| Baron Wealth Management LLC 0.19% of their portfolio | 30.5k $748.3k | Added +751 |