PICTON MAHONEY ASSET MANAGEMENT

CIK

1539041

Location

Toronto, A6

Portfolio Value

Large $11,646,322,700

Diversification

Diversified

Filing Date

Global Rank

#435 / 8,710 ▲ 14

Top Industry

Banks - Diversified 13.9%

Period ended 3 months ago

Filed Aug 13, 2026 · 38d

26 quarters · since Mar 2020

Portfolio Concentration

1,143 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

5.9%

+1.6 pts

Top 5

17.0%

+1.5 pts

Top 10

24.8%

+0.3 pts

HHI

125

Diversified+21

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	28.2%	$3,282,315,656	342
Technology	21.4%	$2,493,968,629	159
Basic Materials	10.1%	$1,174,805,440	64
Industrials	9.4%	$1,098,219,921	149
Energy	9.0%	$1,046,160,726	77
Consumer Cyclical	5.8%	$677,944,853	92
Healthcare	4.9%	$569,514,871	86
Communication Services	4.3%	$501,708,420	41
Utilities	2.3%	$272,557,596	31
Unclassified	2.1%	$239,253,683	9
Consumer Defensive	1.3%	$152,738,378	39
Real Estate	1.2%	$137,134,527	54

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RKT	Rocket Companies, Inc.	+2,459,814	4,038,584	$63,607,698
CVE	Cenovus Energy Inc.	+2,320,504	7,187,906	$178,331,947
FSM	Fortuna Mining Corp.	+1,482,118	1,643,665	$13,888,969
GIL	Gildan Activewear Inc.	+1,209,327	2,200,891	$113,565,975
BN	BROOKFIELD Corp /ON/	+1,096,706	4,751,905	$202,383,633
HBM	Hudbay Minerals Inc.	+896,101	5,654,931	$133,512,920
TD	Toronto Dominion Bank	+831,878	4,578,596	$555,978,912
MGNI	Magnite, Inc.	+798,393	1,441,471	$27,359,119
BMO	Bank Of Montreal /Can/	+707,670	945,606	$167,088,580
BNS	Bank Of Nova Scotia	+696,888	735,921	$63,907,379
SLF	Sun Life Financial Inc	+686,356	2,061,273	$161,645,028
RY	Royal Bank Of Canada	+660,667	3,315,100	$686,126,247
WBD	Warner Bros. Discovery, Inc.	+625,000	1,352,800	$36,065,648
ENB	Enbridge Inc	+591,169	3,371,682	$182,778,881
OGN	Organon & Co.	+574,945	575,000	$7,785,500
SNOW	Snowflake Inc.	+500,336	607,756	$154,673,902
HBAN	Huntington Bancshares Inc /Md/	+433,817	1,042,935	$18,491,237
PAAS	Pan American Silver Corp	+397,290	1,207,847	$54,099,467
BCE	Bce Inc	+383,027	414,568	$8,917,357
CP	Canadian Pacific Kansas City Ltd/Cn	+350,443	2,829,879	$245,209,015
BEP	Brookfield Renewable Partners L.P.	+340,988	2,219,312	$77,076,705
AQN	Algonquin Power & Utilities Corp.	+309,317	5,190,063	$30,413,769
IPXG	Inflection Point Acquisition Corp. VII	+283,324	383,324	$3,548,929
ELAN	Elanco Animal Health Inc	+280,581	979,269	$24,099,810
—		+274,945	275,000	$0
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ALFUU	Centurion Acquisition Corp.	−1,875,000	912,500	$0
SIMAU	SIM Acquisition Corp. I	−1,650,600	349,400	$0
CUB	Lionheart Holdings	−1,300,000	950,000	$5,385,000
TECK	Teck Resources Ltd	−1,126,743	2,123,240	$126,247,850
GPAT	GP-Act III Acquisition Corp.	−1,125,000	1,187,500	$2,717,500
CNQ	CANADIAN NATURAL RESOURCES Ltd	−1,110,625	4,270,778	$168,695,731
BRZE	Braze, Inc.	−1,026,792	173,380	$3,760,612
MFC	Manulife Financial Corp	−989,774	68,773	$2,785,994
OR	OR Royalties Inc.	−749,098	3,091,096	$97,771,366
CCXI	Churchill Capital Corp XI	−725,000	100,000	$1,745,000
CDE	Coeur Mining, Inc.	−617,668	461,434	$7,530,602
CAE	Cae Inc	−610,396	944,020	$23,657,141
CGNX	Cognex Corp	−546,493	382,162	$27,676,172
FERA	Fifth Era Acquisition Corp I	−500,000	500,000	$5,210,000
—		−499,775	225	$3,714
KKR	KKR & Co. Inc.	−359,258	242,780	$22,282,348
NHIC	NewHold Investment Corp. III	−353,830	96,170	$1,047,291
GLXY	Galaxy Digital Inc.	−343,627	3,000	$82,020
MACI	Melar Acquisition Corp. I/Cayman	−325,000	162,088	$0
EU	enCore Energy Corp.	−321,155	583,355	$764,195
TEAM	Atlassian Corp	−303,394	19,966	$1,553,155
STGW	Stagwell Inc	−299,443	499	$3,707
TACH	Titan Acquisition Corp.	−285,000	1,215,000	$10,566,150
SJM	J M SMUCKER Co	−277,166	88,884	$9,999,450
SLSR	Solaris Resources Inc.	−268,908	1,888,614	$15,826,585
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	300,000	$220,920,000
—		365,000	$48,446,450
TFII	TFI International Inc.	182,513	$26,203,391
NVTS	Navitas Semiconductor Corp	1,320,000	$23,654,400
TAC	Transalta Corp	1,432,447	$19,810,742
BBUC	Brookfield Business Corp	573,121	$17,107,661
BAM	Brookfield Asset Management Ltd.	373,792	$16,764,571
—		45,810	$16,241,019
TPG	TPG Inc.	393,308	$15,948,639
TXN	Texas Instruments Inc	53,019	$15,803,373
VLO	Valero Energy Corp/Tx	59,730	$15,556,081
IEX	Idex Corp /De/	68,194	$15,476,628
SXT	Sensient Technologies Corp	117,326	$14,465,122
RRX	Regal Rexnord Corp	59,608	$14,198,029
CZR	Caesars Entertainment, Inc.	435,300	$13,137,354
CRWV	CoreWeave, Inc.	130,000	$12,940,200
SPCX	Space Exploration Technologies Corp	75,000	$12,814,500
OKTA	Okta, Inc.	90,517	$12,351,044
ARMK	Aramark	205,056	$11,667,686
BIIB	Biogen Inc.	46,536	$10,054,568
WSC	WillScot Holdings Corp	338,097	$9,757,479
DVN	Devon Energy Corp/De	202,125	$8,351,805
QURE	uniQure N.V.	181,215	$8,346,762
TRLV	Trulieve Cannabis Corp.	838,088	$8,238,405
CXII	Churchill Capital Corp XII	762,000	$8,115,300
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BKF	iShares MSCI BIC ETF	2,588,425	$146,513,619
AFK	VanEck Africa Index ETF	1,123,700	$103,108,297
ABI	VictoryShares Pioneer Asset-Based Income ETF	382,514	$73,388,226
BAB	Invesco Taxable Municipal Bond ETF	951,612	$69,600,901
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	800,600	$52,272,388
ARES	Ares Management Corp	393,255	$42,904,120
NET	Cloudflare, Inc.	119,286	$24,613,473
NOW	ServiceNow, Inc.	200,000	$20,910,000
IQV	Iqvia Holdings Inc.	120,005	$20,465,652
NFLX	Netflix Inc	184,915	$17,779,577
FAC	Factorial Energy Inc.	1,300,000	$13,331,500
EXE	EXPAND ENERGY Corp	112,742	$12,376,816
REGN	Regeneron Pharmaceuticals, Inc.	15,408	$11,904,837
AMPX	Amprius Technologies, Inc.	650,000	$10,959,000
TONT	Graf Global Corp.	1,004,280	$10,755,838
SF	Stifel Financial Corp	140,442	$10,381,472
OBA	Oxley Bridge Acquisition Ltd	1,500,000	$10,130,000
PEP	Pepsico Inc	59,316	$9,211,181
DIA	Spdr Dow Jones Industrial Average ETF Trust	19,500	$9,032,205
VSAT	Viasat Inc	172,089	$7,881,676
KVYO	Klaviyo, Inc.	401,068	$7,804,783
BJ	BJ's Wholesale Club Holdings, Inc.	78,769	$7,752,444
CME	Cme Group Inc.	25,899	$7,649,269
PUK	Prudential PLC	265,788	$7,556,352
UGI	Ugi Corp /Pa/	195,563	$7,122,404
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,143 tracked positions · $11,646,322,700 total · filing declares 1,378 positions · $13,521,210,171 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,143 positions by value · page 1 of 23

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RY	Royal Bank Of Canada Financial Services	Added	3,315,100	+660,667	$686,126,247	+59.8%	5.89%
TD	Toronto Dominion Bank Financial Services	Added	4,578,596	+831,878	$555,978,912	+59.0%	4.77%
SHOP	Shopify Inc. CALL + SHARES Technology	Added	2,413,787	+68,170	$275,606,199	−0.9%	2.37%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	2,829,879	+350,443	$245,209,015	+25.7%	2.11%
QQQ	Invesco Qqq Trust, Series 1 CALL	NEW	300,000	NEW	$220,920,000	NEW	1.90%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	4,751,905	+1,096,706	$202,383,633	+36.8%	1.74%
ENB	Enbridge Inc Energy	Added	3,371,682	+591,169	$182,778,881	+21.4%	1.57%
CVE	Cenovus Energy Inc. CALL + SHARES Energy	Added	7,187,906	+2,320,504	$178,331,947	+38.1%	1.53%
MU	Micron Technology Inc PUT + SHARES Technology	Reduced	147,110	-43,295	$169,807,601	+164.0%	1.46%
NVDA	Nvidia Corp Technology	Reduced	848,217	-41,573	$169,719,739	+9.4%	1.46%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	4,270,778	-1,110,625	$168,695,731	−35.7%	1.45%
BMO	Bank Of Montreal /Can/ Financial Services	Added	945,606	+707,670	$167,088,580	+418.9%	1.43%
CLS	Celestica Inc CALL + SHARES Technology	Added	457,938	+127,239	$167,055,782	+79.3%	1.43%
FNV	FRANCO NEVADA Corp Basic Materials	Added	796,135	+36,846	$165,946,379	−11.5%	1.42%
SU	Suncor Energy Inc Energy	Added	3,049,813	+175,115	$163,713,961	−13.9%	1.41%
SLF	Sun Life Financial Inc Financial Services	Added	2,061,273	+686,356	$161,645,028	+87.9%	1.39%
GOOGL	Alphabet Inc. CALL + SHARES Communication Services	Added	445,790	+30,576	$159,292,143	+33.4%	1.37%
SNOW	Snowflake Inc. CALL + SHARES Technology	Added	607,756	+500,336	$154,673,902	+854.7%	1.33%
CRWD	CrowdStrike Holdings, Inc. CALL + SHARES Technology	Added	199,227	+150,019	$152,038,092	+691.4%	1.31%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	975,936	-172,980	$151,396,951	−35.1%	1.30%
MDB	MongoDB, Inc. CALL + SHARES Technology	Added	442,570	+222,898	$148,659,263	+176.5%	1.28%
TRP	Tc Energy Corp Energy	Added	2,150,666	+86,298	$142,567,649	+10.3%	1.22%
HBM	Hudbay Minerals Inc. CALL + SHARES Basic Materials	Added	5,654,931	+896,101	$133,512,920	+34.2%	1.15%
TECK	Teck Resources Ltd CALL + SHARES Basic Materials	Reduced	2,123,240	-1,126,743	$126,247,850	−24.9%	1.08%
GIL	Gildan Activewear Inc. CALL + SHARES Consumer Cyclical	Added	2,200,891	+1,209,327	$113,565,975	+105.8%	0.98%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	971,176	+165,553	$109,082,488	+3.4%	0.94%
AAPL	Apple Inc. Technology	Reduced	358,892	-46,468	$103,848,989	+0.9%	0.89%
OR	OR Royalties Inc. Basic Materials	Reduced	3,091,096	-749,098	$97,771,366	−33.0%	0.84%
B	Barrick Mining Corp Basic Materials	Reduced	2,644,794	-145,568	$97,143,283	−14.7%	0.83%
WCN	Waste Connections, Inc. Industrials	Added	569,050	+129,936	$94,854,944	+33.0%	0.81%
RCI	Rogers Communications Inc Communication Services	Reduced	2,814,609	-177,554	$91,474,792	−20.5%	0.79%
AMZN	Amazon Com Inc Consumer Cyclical	Added	362,728	+655	$86,452,591	+14.6%	0.74%
AVGO	Broadcom Inc. CALL + SHARES Technology	Added	227,742	+35,590	$86,029,540	+44.7%	0.74%
IAG	Iamgold Corp Basic Materials	Added	5,016,085	+257,331	$79,454,786	−11.3%	0.68%
BEP	Brookfield Renewable Partners L.P. Utilities	Added	2,219,312	+340,988	$77,076,705	+25.7%	0.66%
MRVL	Marvell Technology, Inc. CALL + SHARES Technology	Reduced	251,195	-34,758	$74,828,478	+164.2%	0.64%
MSFT	Microsoft Corp Technology	Reduced	195,877	-3,483	$73,066,038	−1.0%	0.63%
TWLO	Twilio Inc CALL + SHARES Technology	Added	342,625	+254,735	$70,693,816	+539.3%	0.61%
TEVA	Teva Pharmaceutical Industries Ltd CALL + SHARES Healthcare	Added	1,925,408	+115,190	$65,232,823	+19.6%	0.56%
CCJ	Cameco Corp Energy	Added	629,127	+31,753	$64,082,876	−1.2%	0.55%
BNS	Bank Of Nova Scotia Financial Services	Added	735,921	+696,888	$63,907,379	+2262.2%	0.55%
RKT	Rocket Companies, Inc. CALL + SHARES Financial Services	Added	4,038,584	+2,459,814	$63,607,698	+182.7%	0.55%
AMD	Advanced Micro Devices Inc Technology	Added	108,198	+2,768	$62,853,300	+193.1%	0.54%
JPM	Jpmorgan Chase & Co Financial Services	Added	185,755	+58,380	$60,803,184	+62.3%	0.52%
DSGX	Descartes Systems Group Inc Technology	Added	822,771	+269,193	$56,968,664	+43.8%	0.49%
PAAS	Pan American Silver Corp Basic Materials	Added	1,207,847	+397,290	$54,099,467	+22.2%	0.46%
MGA	Magna International Inc Consumer Cyclical	Reduced	784,411	-173,605	$51,504,426	−3.7%	0.44%
AKAM	Akamai Technologies Inc CALL + SHARES Technology	Added	418,781	+211,299	$49,504,102	+107.7%	0.43%
	PUT + SHARES	NEW	365,000	NEW	$48,446,450	NEW	0.42%
FSV	FirstService Corp Real Estate	Added	330,064	+85,881	$46,905,395	+38.3%	0.40%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.