Vault-13

ENERFLEX LTD EFXT

COM · Common Stock · CUSIP 29269R105

77 institutional holders -2 vs Q1 2023
54,947,11854.9m shares reported held*
$375.7mreported value*
7 new 30 added 21 reduced 9 sold out net sold ≈ $216.8k (-35.4k 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 ($442.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.84. Options: 1 managers hold calls ($0 notional), 2 hold puts ($3.0k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q4 22: 78Q1 23: 79Q2 23: 7777Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q4 202278
Q1 202379
Q2 202377

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 36 bought or addedQ1 23: 34 cut or sold outQ1 23Q2 23: 37 bought or addedQ2 23: 30 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q1 20233634
Q2 20233730

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $233.2kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $155.0kQ1 23 puts: $5.0kQ1 23P/C 0.03Q2 23 calls: $0Q2 23 puts: $3.0kQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$233.2k$00.00
Q1 2023$155.0k$5.0k0.03
Q2 2023$0$3.0k—

Biggest buyers

ROYAL BANK OF CANADA Added +651,978+652.0k
TD Waterhouse Canada Inc. Added +387,408+387.4k
TD Asset Management Inc Added +346,962+347.0k
Lynwood Capital Management Inc. New +225,000+225.0k
Clear Sky Carbon Solutions Investment Management, LLC Added +205,700+205.7k
1832 Asset Management L.P. Added +176,500+176.5k
Fiera Capital Corp Added +128,296+128.3k
Quadrature Capital Ltd Added +111,400+111.4k
TWO SIGMA INVESTMENTS, LP Added +110,300+110.3k
Legal & General Group Plc Added +61,595+61.6k

Biggest sellers

Hillsdale Investment Management Inc. Sold out -643,666-643.7k
Hartree Partners, LP Sold out -500,000-500.0k
Canoe Financial LP Reduced -354,187-354.2k
FMR LLC Sold out -258,600-258.6k
LETKO, BROSSEAU & ASSOCIATES INC Reduced -201,825-201.8k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Sold out -137,257-137.3k
GOLDMAN SACHS GROUP INC Reduced -135,754-135.8k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -89,552-89.6k
NATIONAL BANK OF CANADA /FI/ Reduced -67,126-67.1k
Burgundy Asset Management Ltd. Reduced -66,557-66.6k

Biggest calls

Biggest puts

SIMPLEX TRADING, LLC Unchanged $3.0k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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 in Q2 2023

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 in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Canoe Financial LP 1.43% of their portfolio CALGARY, A0 10,019,94110.0m $68.3m $68.3m 1.43% Reduced -354.2k -354,187
2 CHAI TRUST CO LLC 3.84% of their portfolio CHICAGO, IL 8,328,7178.3m $56.8m $56.8m 3.84% Unchanged
3 1832 Asset Management L.P. 0.10% of their portfolio TORONTO, A6 7,604,4007.6m $51.9m $51.9m 0.10% Added +176.5k +176,500
4 LETKO, BROSSEAU & ASSOCIATES INC 0.88% of their portfolio MONTREAL, A8 6,909,8116.9m $47.1m $47.1m 0.88% Reduced -201.8k -201,825
5 Moerus Capital Management LLC 6.81% of their portfolio NEW YORK, NY 3,417,8223.4m $23.3m $23.3m 6.81% Reduced -13.1k -13,088
6 Burgundy Asset Management Ltd. 0.17% of their portfolio Toronto, A6 2,173,3692.2m $14.8m $14.8m 0.17% Reduced -66.6k -66,557
7 Scheer, Rowlett & Associates Investment Management Ltd. 1.02% of their portfolio TORONTO, A6 1,880,0731.9m $12.8m $12.8m 1.02% Added +57.4k +57,445
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,598,1321.6m $10.9m $10.9m 0.00% Added +652.0k +651,978
9 Beutel, Goodman & Co Ltd. 0.05% of their portfolio TORONTO, A6 1,328,2461.3m $9.1m $9.1m 0.05% Reduced -28.7k -28,730
10 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,287,4261.3m $8.8m $8.8m 0.00% Added +41.0k +40,988
11 Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio Boston, MA 960,827960.8k $6.5m $6.5m 0.03% Reduced -23.9k -23,900
12 Clear Sky Carbon Solutions Investment Management, LLC 1.96% of their portfolio BELLAIRE, TX 900,000900.0k $6.1m $6.1m 1.96% Added +205.7k +205,700
13 T. Rowe Price Investment Management, Inc. 0.00% of their portfolio BALTIMORE, MD 864,847864.8k $5.9m $5.9m 0.00% Reduced -3.9k -3,901
14 Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio VANCOUVER, A1 850,600850.6k $5.8m $5.8m 0.03% Reduced -27.5k -27,500
15 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 712,091712.1k $4.9m $4.9m 0.01% Added +128.3k +128,296
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 649,439649.4k $4.4m $4.4m 0.00% Added +9.5k +9,507
17 AEGIS FINANCIAL CORP 2.62% of their portfolio MC LEAN, VA 551,598551.6k $3.8m $3.8m 2.62% Unchanged
18 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 472,647472.6k $3.2m $3.2m 0.00% Added +347.0k +346,962
19 TD Waterhouse Canada Inc. 0.04% of their portfolio TORONTO, A6 396,914396.9k $3.6m $3.6m 0.04% Added +387.4k +387,408
20 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 290,362290.4k $2.0m $2.0m 0.00% Unchanged
21 PCJ Investment Counsel Ltd. 0.76% of their portfolio TORONTO, A6 263,900263.9k $1.8m $1.8m 0.76% Added +1.3k +1,300
22 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 257,576257.6k $1.8m $1.8m 0.00% Reduced -2.3k -2,300
23 Swiss National Bank 0.00% of their portfolio ZURICH, V8 255,900255.9k $1.7m $1.7m 0.00% Unchanged
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 235,878235.9k $1.6m $1.6m 0.00% Added +110.3k +110,300
25 Lynwood Capital Management Inc. 1.94% of their portfolio TORONTO, A6 225,000225.0k $1.5m $1.5m 1.94% New
26 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 206,844206.8k $1.4m $1.4m 0.00% Unchanged
27 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 201,111201.1k $1.4m $1.4m 0.04% Reduced -12.0k -11,951
28 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 177,350177.3k $1.2m $1.2m 0.00% Reduced -1.4k -1,409
29 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 160,459160.5k $1.1m $1.1m 0.00% Added +2.4k +2,389
30 Quadrature Capital Ltd 0.02% of their portfolio LONDON, X0 130,600130.6k $890.0k $890.0k 0.02% Added +111.4k +111,400
31 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 127,700127.7k $870.0k $870.0k 0.00% Added +6.0k +6,000
32 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 119,100119.1k $1.1m $1.1m 0.00% Added +1.4k +1,405
33 Diametric Capital, LP 0.32% of their portfolio BOSTON, MA 104,697104.7k $713.9k $713.9k 0.32% Added +9.2k +9,186
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 98,37198.4k $670.9k $670.9k 0.00% Added +288 +288
35 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 97,27197.3k $662.3k $662.3k 0.00% Reduced -23.5k -23,500
36 Legal & General Group Plc 0.00% of their portfolio London, X0 87,06387.1k $593.5k $593.5k 0.00% Added +61.6k +61,595
37 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 86,45986.5k $588.7k $588.7k 0.00% Unchanged
38 SOUTHPORT MANAGEMENT, L.L.C. 3.06% of their portfolio Wilson, WY 81,78281.8k $557.8k $557.8k 3.06% Unchanged
39 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 78,50878.5k $535.4k $535.4k 0.00% Unchanged
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 65,06565.1k $443.7k $443.7k 0.00% Added +1 +1
41 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 65,00065.0k $442.0k $442.0k 0.00% Added +33.5k +33,478
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 64,96265.0k $443.0k $443.0k 0.00% Reduced -4.4k -4,376
43 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 64,14764.1k $437.5k $437.5k 0.00% Added +44.3k +44,333
44 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 55,62655.6k $378.9k $378.9k 0.00% Unchanged
45 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 50,46750.5k $343.6k $343.6k 0.00% Reduced -28.7k -28,710
46 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 48,98749.0k $333.5k $333.5k 0.00% Added +4.9k +4,870
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 48,23048.2k $328.9k $328.9k 0.00% Reduced -135.8k -135,754
48 K.J. Harrison & Partners Inc 0.04% of their portfolio TORONTO, A6 34,50034.5k $234.2k $234.2k 0.04% Reduced -5.0k -4,950
49 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 34,10334.1k $232.6k $232.6k 0.00% Added +3.9k +3,866
50 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 33,61033.6k $229.2k $229.2k 0.02% Added +2.3k +2,281
51 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 29,01029.0k $197.8k $197.8k 0.00% New
52 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 25,54725.5k $174.2k $174.2k 0.00% Added +19.0k +19,047
53 Forum Financial Management, LP 0.00% of their portfolio LOMBARD, IL 21,01221.0k $143.1k $143.1k 0.00% New
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 18,44418.4k $126.0k $126.0k 0.00% Unchanged
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,16018.2k $123.9k $123.9k 0.00% Reduced -65.6k -65,630
56 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 17,17017.2k $117.0k $117.0k 0.00% Added +3.2k +3,243
57 Versor Investments LP 0.02% of their portfolio New York, NY 16,91416.9k $115.2k $115.2k 0.02% New
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,93015.9k $108.6k $108.6k 0.00% Added +724 +724
59 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 13,91613.9k $94.9k $94.9k 0.00% Unchanged
60 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 12,59912.6k $161.5k $161.5k 0.02% New
61 Aigen Investment Management, LP 0.01% of their portfolio NEW YORK, NY 12,12912.1k $82.6k $82.6k 0.01% New
62 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 10,67910.7k $72.8k $72.8k 0.00% Unchanged
63 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 10,03610.0k $68.0k $68.0k 0.00% Added +2.7k +2,661
64 Soltis Investment Advisors LLC 0.01% of their portfolio ST. GEORGE, UT 10,00010.0k $68.2k $68.2k 0.01% Unchanged
65 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 9,1449.1k $62.0k $62.0k 0.00% Added +100 +100
66 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 5,1965.2k $35.0k $35.0k 0.00% Reduced -67.1k -67,126
67 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 3,6903.7k $24.9k $24.9k 0.00% Unchanged
68 Credential Qtrade Securities Inc. 0.00% of their portfolio VANCOUVER, A1 3,1783.2k $21.6k $21.6k 0.00% Reduced -519 -519
69 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 688688 $4.0k $4.0k 0.00% Unchanged
70 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 460460 $3.0k $3.0k 0.00% Reduced -3.0k -3,007
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 243243 $1.7k $1.7k 0.00% Added +1 +1
72 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 159159 $1.1k $1.1k 0.00% Reduced -20.6k -20,565
73 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 101101 $696 $696 0.00% New
74 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 8686 $0 $0 0.00% Unchanged
75 PIN OAK INVESTMENT ADVISORS INC 0.00% of their portfolio HOUSTON, TX 5151 $0 $0 0.00% Unchanged
76 BlackRock Inc. 0.00% of their portfolio New York, NY 4848 $327 $327 0.00% Unchanged
77 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged