Vault-13

ENERFLEX LTD EFXT

COM · Common Stock · CUSIP 29269R105

167 institutional holders +6 vs Q1 2026
81,104,21181.1m shares reported held*
$2.0bnreported value*
22 new 61 added 63 reduced 17 sold out net bought ≈ $14.0m (-900.8k shares)

* 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

0100200Q4 22: 78Q1 23: 79Q2 23: 77Q3 23: 83Q4 23: 75Q1 24: 81Q2 24: 83Q3 24: 84Q4 24: 96Q1 25: 123Q2 25: 124Q3 25: 138Q4 25: 156Q1 26: 161Q2 26: 167167Q4 22Q4 23Q4 24Q4 25Q2 26
Numbers
QuarterHolders
Q4 202278
Q1 202379
Q2 202377
Q3 202383
Q4 202375
Q1 202481
Q2 202483
Q3 202484
Q4 202496
Q1 2025123
Q2 2025124
Q3 2025138
Q4 2025156
Q1 2026161
Q2 2026167

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 40 bought or addedQ3 24: 40 cut or sold outQ4 24: 53 bought or addedQ4 24: 38 cut or sold outQ4 24Q1 25: 83 bought or addedQ1 25: 36 cut or sold outQ2 25: 61 bought or addedQ2 25: 64 cut or sold outQ2 25Q3 25: 69 bought or addedQ3 25: 58 cut or sold outQ4 25: 90 bought or addedQ4 25: 57 cut or sold outQ4 25Q1 26: 86 bought or addedQ1 26: 70 cut or sold outQ2 26: 83 bought or addedQ2 26: 80 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244040
Q4 20245338
Q1 20258336
Q2 20256164
Q3 20256958
Q4 20259057
Q1 20268670
Q2 20268380

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 25 calls: $21.3kQ3 25 puts: $2.1kQ3 25P/C 0.10Q4 25 calls: $1.5kQ4 25 puts: $1.5kQ4 25P/C 1.00Q1 26 calls: $2.8mQ1 26 puts: $420.1kQ1 26P/C 0.15Q2 26 calls: $2.8mQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$21.3k$2.1k0.10
Q4 2025$1.5k$1.5k1.00
Q1 2026$2.8m$420.1k0.15
Q2 2026$2.8m$00.00

Biggest buyers

Connor, Clark & Lunn Investment Management Ltd. Added +2,278,761+2.3m
INTACT INVESTMENT MANAGEMENT INC. Added +1,291,980+1.3m
ROYAL BANK OF CANADA Added +641,490+641.5k
AMERICAN CENTURY COMPANIES INC Added +490,132+490.1k
MILLENNIUM MANAGEMENT LLC Added +442,957+443.0k
BANK OF MONTREAL /CAN/ Added +425,723+425.7k
HENNESSY ADVISORS INC New +346,800+346.8k
GEODE CAPITAL MANAGEMENT, LLC Added +321,173+321.2k
GOLDMAN SACHS GROUP INC Added +306,685+306.7k
TD Waterhouse Canada Inc. Added +238,574+238.6k

Biggest sellers

ACADIAN ASSET MANAGEMENT LLC Reduced -1,899,057-1.9m
MACKENZIE FINANCIAL CORP Reduced -1,470,845-1.5m
Alberta Investment Management Corp Reduced -776,717-776.7k
Man Group plc Reduced -698,044-698.0k
LETKO, BROSSEAU & ASSOCIATES INC Reduced -582,425-582.4k
MORGAN STANLEY Reduced -541,890-541.9k
1832 Asset Management L.P. Reduced -471,800-471.8k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -363,214-363.2k
D. E. Shaw & Co., Inc. Reduced -356,571-356.6k
LAZARD ASSET MANAGEMENT LLC Reduced -238,119-238.1k

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.

HolderStakeChangeShares Last filed
Connor, Clark & Lunn Investment Management Ltd. 13G · institution -1.3 pts · filed 2026-05-07 9.2% -1.3 pts 11.2m≈ $274.3m 2026-05-07

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Connor, Clark & Lunn Investment Management Ltd. 0.63% of their portfolio VANCOUVER, A1 13,471,78613.5m $330.5m $330.5m 0.63% Added +2.3m +2,278,761
2 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 8,531,1618.5m $209.1m $209.1m 0.04% Added +641.5k +641,490
3 Canoe Financial LP 1.43% of their portfolio CALGARY, A0 4,701,8714.7m $115.4m $115.4m 1.43% Added +72.3k +72,312
4 MACKENZIE FINANCIAL CORP 0.13% of their portfolio TORONTO ONTARIO, A6 3,817,3893.8m $133.0m $133.0m 0.13% Reduced -1.5m -1,470,845
5 Hillsdale Investment Management Inc. 2.02% of their portfolio Toronto, A6 3,615,3793.6m $88.7m $88.7m 2.02% Reduced -216.3k -216,280
6 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 3,561,6213.6m $87.4m $87.4m 0.03% Added +425.7k +425,723
7 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 3,517,8143.5m $86.4m $86.4m 0.00% Added +32.6k +32,608
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,879,7912.9m $70.6m $70.6m 0.00% Reduced -541.9k -541,890
9 TD Asset Management Inc 0.06% of their portfolio Toronto, A6 2,761,2672.8m $67.8m $67.8m 0.06% Reduced -38.2k -38,241
10 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 2,264,5602.3m $55.6m $55.6m 0.02% Added +490.1k +490,132
11 LETKO, BROSSEAU & ASSOCIATES INC 0.72% of their portfolio MONTREAL, A8 1,997,7882.0m $49.0m $49.0m 0.72% Reduced -582.4k -582,425
12 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 1,546,4901.5m $37.9m $37.9m 0.05% Reduced -471.8k -471,800
13 INTACT INVESTMENT MANAGEMENT INC. 1.07% of their portfolio MONTREAL, A8 1,530,7801.5m $37.6m $37.6m 1.07% Added +1.3m +1,291,980
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,477,5031.5m $36.2m $36.2m 0.00% Added +306.7k +306,685
15 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,411,2781.4m $34.6m $34.6m 0.01% Added +203.3k +203,267
16 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 1,383,9281.4m $33.9m $33.9m 0.03% Added +36.3k +36,278
17 ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio Boston, MA 1,355,0941.4m $33.2m $33.2m 0.04% Reduced -1.9m -1,899,057
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,247,2011.2m $30.6m $30.6m 0.00% Reduced -46.3k -46,271
19 VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio MALVERN, PA 1,068,0781.1m $26.2m $26.2m 0.01% Added +3.9k +3,931
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 899,416899.4k $22.0m $22.0m 0.00% Reduced -200.3k -200,293
21 TORONTO DOMINION BANK 0.03% of their portfolio TORONTO, ONTARIO, A6 832,232832.2k $20.4m $20.4m 0.03% Added +196.5k +196,521
22 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 645,992646.0k $15.9m $15.9m 0.03% Reduced -107.1k -107,062
23 NewGen Asset Management Ltd 8.56% of their portfolio TORONTO, A6 636,744636.7k $15.6m $15.6m 8.56% Reduced -100.0k -100,000
24 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 615,177615.2k $14.7m $14.7m 0.01% Reduced -204.6k -204,573
25 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 608,844608.8k $14.9m $14.9m 0.01% Added +443.0k +442,957
26 PCJ Investment Counsel Ltd. 4.26% of their portfolio TORONTO, A6 604,197604.2k $14.8m $14.8m 4.26% Reduced -57.1k -57,055
27 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio Stamford, CT 583,981584.0k $14.3m $14.3m 0.07% Reduced -44.0k -43,995
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 559,974560.0k $13.9m $13.9m 0.00% Reduced -36.4k -36,418
29 TD Waterhouse Canada Inc. 0.03% of their portfolio TORONTO, A6 558,010558.0k $13.2m $13.2m 0.03% Added +238.6k +238,574
30 AEGIS FINANCIAL CORP 2.14% of their portfolio MC LEAN, VA 551,151551.2k $13.5m $13.5m 2.14% Unchanged
31 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 492,959493.0k $12.1m $12.1m 0.01% Added +69.6k +69,598
32 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 490,455490.5k $12.0m $12.0m 0.01% Added +141.3k +141,324
33 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 479,288479.3k $11.7m $11.7m 0.01% Reduced -216.4k -216,430
34 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 424,441424.4k $10.4m $10.4m 0.01% Added +128.2k +128,226
35 Caldwell Investment Management Ltd. 6.62% of their portfolio TORONTO, A6 411,000411.0k $10.1m $10.1m 6.62% Unchanged
36 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 408,421408.4k $13.3m $13.3m 0.00% Added +321.2k +321,173
37 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 405,714405.7k $10.0m $10.0m 0.00% Added +24.0k +23,992
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 396,595396.6k $9.7m $9.7m 0.00% Reduced -33.1k -33,100
39 HENNESSY ADVISORS INC 0.27% of their portfolio NOVATO, CA 346,800346.8k $8.5m $8.5m 0.27% New
40 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 312,290312.3k $7.5m $7.5m 0.02% Added +211.6k +211,556
41 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 305,339305.3k $7.5m $7.5m 0.01% Reduced -37.0k -37,048
42 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 293,927293.9k $7.2m $7.2m 0.01% Reduced -167.3k -167,332
43 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 280,097280.1k $6.9m $6.9m 0.01% Added +6.1k +6,117
44 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 279,561279.6k $6.9m $6.9m 0.01% Added +67.4k +67,361
45 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 267,841267.8k $6.6m $6.6m 0.00% Added +70.8k +70,815
46 Triasima Portfolio Management inc. 0.86% of their portfolio MONTREAL, A8 260,824260.8k $6.4m $6.4m 0.86% Added +97.4k +97,418
47 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 251,210251.2k $6.2m $6.2m 0.01% Reduced -4.0k -3,990
48 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 247,516247.5k $6.1m $6.1m 0.03% Added +145.9k +145,860
49 Swiss National Bank 0.00% of their portfolio ZURICH, V8 245,700245.7k $6.0m $6.0m 0.00% Added +3.5k +3,500
50 Quadrature Capital Ltd 0.05% of their portfolio LONDON, X0 245,615245.6k $6.0m $6.0m 0.05% Added +234.7k +234,701
51 RITHOLTZ WEALTH MANAGEMENT 0.09% of their portfolio NEW YORK, NY 232,699232.7k $5.7m $5.7m 0.09% Reduced -20.3k -20,313
52 Informed Momentum Co LLC 0.48% of their portfolio SOLANA BEACH, CA 220,963221.0k $5.4m $5.4m 0.48% Reduced -82.1k -82,102
53 Ewing Morris & Co. Investment Partners Ltd. 2.82% of their portfolio TORONTO, Z4 220,000220.0k $5.4m $5.4m 2.82% Reduced -30.0k -30,000
54 Aventail Capital Group, LP 0.28% of their portfolio NEW YORK, NY 201,734201.7k $4.9m $4.9m 0.28% Reduced -32.5k -32,458
55 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 187,459187.5k $4.6m $4.6m 0.00% New
56 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 183,553183.6k $4.5m $4.5m 0.00% Added +27.1k +27,137
57 CREDIT AGRICOLE S A 0.01% of their portfolio Montrouge Cedex, I0 180,000180.0k $4.4m $4.4m 0.01% Added +80.0k +80,000
58 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 171,880171.9k $4.2m $4.2m 0.01% Reduced -236.1k -236,135
59 Global IMC LLC 11.45% of their portfolio SOLANA BEACH, CA 162,457162.5k $4.0m $4.0m 11.45% Reduced -75.8k -75,751
60 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio VICTORIA, A1 150,412150.4k $3.7m $3.7m 0.02% Added +46.3k +46,279
61 Northwest & Ethical Investments L.P. 0.09% of their portfolio TORONTO, A6 149,353149.4k $3.7m $3.7m 0.09% Reduced -4.2k -4,175
62 Legal & General Group Plc 0.00% of their portfolio London, X0 148,444148.4k $3.6m $3.6m 0.00% Added +8.4k +8,408
63 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 144,214144.2k $3.5m $3.5m 0.01% Reduced -238.1k -238,119
64 Man Group plc 0.01% of their portfolio LONDON, X0 143,646143.6k $3.5m $3.5m 0.01% Reduced -698.0k -698,044
65 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 141,560141.6k $3.0m $3.0m 0.00% Added +849 +849
66 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 134,607134.6k $3.3m $3.3m 0.01% Added +14.9k +14,870
67 Voleon Capital Management LP 0.06% of their portfolio BERKELEY, CA 129,628129.6k $3.2m $3.2m 0.06% Added +38.4k +38,431
68 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 128,201128.2k $3.1m $3.1m 0.00% Reduced -42.2k -42,197
69 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 121,372121.4k $3.0m $3.0m 0.00% Reduced -9.2k -9,214
70 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 109,486109.5k $2.7m $2.7m 0.00% Reduced -137.7k -137,739
71 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 103,413103.4k $2.5m $2.5m 0.00% Reduced -363.2k -363,214
72 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 98,07798.1k $2.4m $2.4m 0.00% Added +6.9k +6,910
73 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 97,55897.6k $2.4m $2.4m 0.00% Added +7.6k +7,572
74 FIL Ltd 0.00% of their portfolio HAMILTON, D0 79,00079.0k $1.9m $1.9m 0.00% New
75 CoreCommodity Management, LLC 0.36% of their portfolio STAMFORD, CT 73,73173.7k $1.8m $1.8m 0.36% Added +93 +93
76 RENAISSANCE GROUP LLC 0.07% of their portfolio Covington, KY 73,61573.6k $1.8m $1.8m 0.07% Reduced -1.4k -1,428
77 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 73,55073.5k $1.8m $1.8m 0.00% Reduced -14.7k -14,704
78 Spark Investment Management LLC 3.35% of their portfolio NEW YORK, NY 70,00070.0k $1.7m $1.7m 3.35% Reduced -8.0k -8,000
79 Genus Capital Management Inc. 0.16% of their portfolio VANCOUVER, A1 65,22065.2k $1.6m $1.6m 0.16% Added +13.0k +13,000
80 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 64,39964.4k $1.6m $1.6m 0.00% Added +8.9k +8,944
81 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 53,98454.0k $1.3m $1.3m 0.00% Reduced -13.6k -13,590
82 Timelo Investment Management Inc. 1.63% of their portfolio Aurora, A6 53,20053.2k $1.3m $1.3m 1.63% Reduced -75.0k -75,000
83 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 51,11551.1k $1.3m $1.3m 0.02% Reduced -25.4k -25,445
84 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,70050.7k $1.2m $1.2m 0.00% Reduced -356.6k -356,571
85 Tacita Capital Inc 0.65% of their portfolio TORONTO, A6 49,10449.1k $1.2m $1.2m 0.65% Reduced -1.7k -1,736
86 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 49,06849.1k $1.2m $1.2m 0.00% Added +3.6k +3,638
87 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 48,03548.0k $1.2m $1.2m 0.00% Added +2.2k +2,184
88 K.J. Harrison & Partners Inc 0.17% of their portfolio TORONTO, A6 47,91947.9k $1.2m $1.2m 0.17% Unchanged
89 PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio Toronto, A6 47,88747.9k $1.2m $1.2m 0.01% Reduced -2.7k -2,724
90 Claret Asset Management Corp 0.11% of their portfolio MONTREAL, A8 40,08940.1k $985.0k $985.0k 0.11% New
91 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 39,07339.1k $957.7k $957.7k 0.00% Added +7.5k +7,462
92 PDT Partners, LLC 0.05% of their portfolio New York, NY 36,45236.5k $893.4k $893.4k 0.05% Added +9.3k +9,271
93 Caprock Group, LLC 0.02% of their portfolio BOISE, ID 36,11936.1k $885.3k $885.3k 0.02% Reduced -1.3k -1,263
94 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 35,43035.4k $870.0k $870.0k 0.00% Reduced -9.3k -9,257
95 Campbell & CO Investment Adviser LLC 0.04% of their portfolio BALTIMORE, MD 34,19834.2k $838.2k $838.2k 0.04% Added +4.6k +4,599
96 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 32,66632.7k $801.4k $801.4k 0.00% Reduced -776.7k -776,717
97 LVW Advisors, LLC 0.07% of their portfolio PITTSFORD, NY 32,56932.6k $798.3k $798.3k 0.07% Added +6.7k +6,678
98 Vanguard Investments Australia, Ltd. 0.00% of their portfolio Victoria, C3 32,50832.5k $798.3k $798.3k 0.00% Unchanged
99 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 32,29632.3k $791.6k $791.6k 0.01% Reduced -16.7k -16,670
100 Baron Wealth Management LLC 0.19% of their portfolio TROY, MI 30,53030.5k $748.3k $748.3k 0.19% Added +751 +751