Ninepoint Partners LP

CIK

1715635

Location

TORONTO, A6

Portfolio Value

Small $833,949,650

Diversification

Diversified

Filing Date

Global Rank

#1,824 / 8,420 ▲ 303

Top Industry

Oil & Gas E&P 37.9%

3Y Alpha vs SPY

-17.3%

Period ended 6 months ago

Filed Feb 17, 2026 · 4mo

24 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+10.8%

SPY

+76.3%

Annualised alpha

-17.3%

Max drawdown

−36.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

153 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

10.6%

−2.6 pts

Top 5

43.4%

−8.1 pts

Top 10

59.4%

−9.0 pts

HHI

489

Diversified−149

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Energy	59.2%	$494,037,185	23
Basic Materials	18.5%	$154,140,206	21
Unclassified	4.7%	$39,510,041	3
Financial Services	4.5%	$37,932,588	24
Technology	4.2%	$35,333,464	18
Industrials	2.9%	$24,020,338	16
Utilities	2.6%	$21,317,084	14
Communication Services	1.5%	$12,176,648	8
Healthcare	0.6%	$4,860,717	11
Consumer Cyclical	0.5%	$4,278,729	7
Real Estate	0.5%	$3,891,312	3
Consumer Defensive	0.3%	$2,451,338	5

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VZLA	Vizsla Silver Corp.	+2,008,075	3,410,000	$18,652,700
VNOM	Viper Energy, Inc.	+1,050,000	1,200,000	$46,356,000
CVE	Cenovus Energy Inc.	+960,000	4,500,000	$76,140,000
BCE	Bce Inc	+269,365	345,023	$8,218,447
AR	ANTERO RESOURCES Corp	+250,000	2,500,000	$86,150,000
KGC	Kinross Gold Corp	+148,100	614,920	$17,316,147
CNQ	Canadian Natural Resources Ltd	+142,357	228,553	$7,736,519
CCJ	Cameco Corp	+125,414	239,783	$21,937,746
WPM	Wheaton Precious Metals Corp.	+100,557	124,948	$14,683,888
TD	Toronto Dominion Bank	+74,148	102,340	$9,640,428
CNI	Canadian National Railway Co	+69,085	121,522	$12,012,449
PAAS	Pan American Silver Corp	+67,966	115,621	$5,990,324
SHOP	Shopify Inc.	+66,179	108,591	$17,479,893
ENB	Enbridge Inc	+60,290	322,950	$15,446,698
SU	Suncor Energy Inc	+59,224	200,098	$8,876,347
ORLA	Orla Mining Ltd.	+47,500	222,500	$2,997,075
NU	Nu Holdings Ltd.	+30,738	37,733	$631,650
NDAQ	Nasdaq, Inc.	+15,647	18,163	$1,764,172
PL	Planet Labs PBC	+12,460	21,807	$430,034
RY	Royal Bank Of Canada	+9,433	56,706	$9,667,805
HDB	Hdfc Bank Ltd	+7,048	15,219	$556,102
TRP	Tc Energy Corp	+5,680	90,005	$4,951,175
NVDA	Nvidia Corp	+5,622	28,192	$5,257,808
DOCN	DigitalOcean Holdings, Inc.	+5,346	7,596	$365,519
AMZN	Amazon Com Inc	+4,845	9,377	$2,164,399
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
FANG	Diamondback Energy, Inc.	−295,000	20,000	$3,006,600
EXE	EXPAND ENERGY Corp	−100,000	800,000	$88,288,000
ERO	Ero Copper Corp.	−50,000	25,000	$707,250
B	Barrick Mining Corp	−49,831	220,835	$9,617,364
SOBO	South Bow Corp	−25,600	250,000	$6,867,500
CP	Canadian Pacific Kansas City Ltd/Cn	−18,871	2,113	$155,580
MFC	Manulife Financial Corp	−16,838	103,597	$3,758,499
FCX	Freeport-Mcmoran Inc	−10,000	45,000	$2,285,550
CM	Canadian Imperial Bank Of Commerce /Can/	−4,365	37,017	$3,354,110
HOOD	Robinhood Markets, Inc.	−4,298	12,834	$1,451,525
ETR	Entergy Corp /De/	−3,601	14,516	$1,341,713
AEP	American Electric Power Co Inc	−2,971	11,636	$1,341,747
AEE	Ameren Corp	−2,655	13,696	$1,367,682
MA	Mastercard Inc	−2,236	337	$192,386
AMT	American Tower Corp /Ma/	−1,919	10,295	$1,807,493
SPY	Spdr S&P 500 ETF Trust	−1,700	48,800	$33,277,696
NI	Nisource Inc.	−1,548	37,720	$1,575,187
ABBV	AbbVie Inc.	−1,485	797	$182,106
COIN	Coinbase Global, Inc.	−1,430	5,181	$1,171,631
CEG	Constellation Energy Corp	−1,093	4,613	$1,629,634
MSFT	Microsoft Corp	−1,025	6,365	$3,078,241
PWR	Quanta Services, Inc.	−945	3,119	$1,316,405
VST	Vistra Corp.	−805	7,504	$1,210,620
TRGP	Targa Resources Corp.	−759	8,055	$1,486,147
FTS	Fortis Inc.	−687	59,008	$3,064,875
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GPOR	Gulfport Energy Corp	200,000	$41,598,000
HYMC	Hycroft Mining Holding Corp	757,100	$17,996,267
CDE	Coeur Mining, Inc.	654,243	$11,665,152
HL	Hecla Mining Co/De/	358,600	$6,881,534
EXK	Endeavour Silver Corp	434,783	$4,086,960
SLV	iShares Silver Trust	60,299	$3,884,461
BVN	Buenaventura Mining Co Inc	125,466	$3,491,718
BIPH	Brookfield Infrastructure Partners L.P.	85,637	$2,975,029
FBTC	Fidelity Wise Origin Bitcoin Fund	30,800	$2,347,884
CSX	Csx Corp	48,988	$1,775,815
WMB	Williams Companies, Inc.	27,815	$1,671,959
TLN	Talen Energy Corp	3,764	$1,410,897
CNP	Centerpoint Energy Inc	35,588	$1,364,443
DY	Dycom Industries Inc	4,029	$1,361,399
WEC	Wec Energy Group, Inc.	12,863	$1,356,531
SRE	Sempra	15,358	$1,355,957
NEE	Nextera Energy Inc	16,452	$1,320,766
FIGR	Figure Technology Solutions, Inc.	26,755	$1,092,674
RDDT	Reddit, Inc.	4,546	$1,044,989
GOOGL	Alphabet Inc.	2,672	$836,336
GLW	Corning Inc /Ny	8,663	$758,532
PANW	Palo Alto Networks Inc	4,000	$736,800
LRCX	Lam Research Corp	3,418	$585,093
ISRG	Intuitive Surgical Inc	995	$563,528
FER	Ferrovial N.V.	8,636	$557,971
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
RRC	Range Resources Corp	2,000,000	$75,280,000
RIG	Transocean Ltd.	6,000,000	$18,720,000
SLF	Sun Life Financial Inc	48,580	$2,916,257
TU	Telus Corp	183,906	$2,900,197
NSC	Norfolk Southern Corp	5,865	$1,761,904
PPL	PPL Corp	47,235	$1,755,252
DUK	Duke Energy CORP	13,248	$1,639,440
WTRG	Essential Utilities, Inc.	38,999	$1,556,060
DLR	Digital Realty Trust, Inc.	8,860	$1,531,716
ACM	Aecom	11,437	$1,492,185
HUT	Hut 8 Corp.	42,798	$1,489,798
LNG	Cheniere Energy, Inc.	6,291	$1,478,259
RBLX	Roblox Corp	9,356	$1,295,993
PYPL	PayPal Holdings, Inc.	16,658	$1,117,085
NEM	NEWMONT Corp /DE/	11,000	$927,410
GEMI	Gemini Space Station, Inc.	30,000	$718,800
ORCL	Oracle Corp	2,318	$651,914
CRCL	Circle Internet Group, Inc.	4,250	$563,465
BLK	BlackRock, Inc.	448	$522,309
SAP	Sap SE	1,825	$487,658
HD	Home Depot, Inc.	1,193	$483,391
DIS	Walt Disney Co	2,166	$248,007
GRAB	Grab Holdings Ltd	35,870	$215,937
ZG	Zillow Group, Inc.	2,556	$190,268
RDNT	RadNet, Inc.	2,134	$162,632
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

153 positions · $833,949,650 total · as of Dec 31, 2025

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

Showing 1–50 of 153 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EXE	EXPAND ENERGY Corp Energy	Reduced	800,000	-100,000	$88,288,000	−7.7%	10.59%
AR	ANTERO RESOURCES Corp Energy	Added	2,500,000	+250,000	$86,150,000	+14.1%	10.33%
CVE	Cenovus Energy Inc. Energy	Added	4,500,000	+960,000	$76,140,000	+26.6%	9.13%
EQT	EQT Corp Energy	Added	1,208,717	+4,327	$64,787,231	−1.2%	7.77%
VNOM	Viper Energy, Inc. Energy	Added	1,200,000	+1,050,000	$46,356,000	+708.6%	5.56%
GPOR	Gulfport Energy Corp Energy	NEW	200,000	NEW	$41,598,000	NEW	4.99%
SPY	Spdr S&P 500 ETF Trust	Reduced	48,800	-1,700	$33,277,696	−1.1%	3.99%
CCJ	Cameco Corp Energy	Added	239,783	+125,414	$21,937,746	+128.7%	2.63%
VZLA	Vizsla Silver Corp. Basic Materials	Added	3,410,000	+2,008,075	$18,652,700	+208.0%	2.24%
HYMC	Hycroft Mining Holding Corp Basic Materials	NEW	757,100	NEW	$17,996,267	NEW	2.16%
SHOP	Shopify Inc. Technology	Added	108,591	+66,179	$17,479,893	+177.3%	2.10%
KGC	Kinross Gold Corp Basic Materials	Added	614,920	+148,100	$17,316,147	+49.3%	2.08%
ENB	Enbridge Inc Energy	Added	322,950	+60,290	$15,446,698	+16.5%	1.85%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	124,948	+100,557	$14,683,888	+438.3%	1.76%
CNI	Canadian National Railway Co Industrials	Added	121,522	+69,085	$12,012,449	+142.9%	1.44%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	69,770	-4	$11,828,108	+0.6%	1.42%
AGI	Alamos Gold Inc Basic Materials	Held	305,000	0	$11,766,900	+10.7%	1.41%
CDE	Coeur Mining, Inc. Basic Materials	NEW	654,243	NEW	$11,665,152	NEW	1.40%
RY	Royal Bank Of Canada Financial Services	Added	56,706	+9,433	$9,667,805	+38.8%	1.16%
TD	Toronto Dominion Bank Financial Services	Added	102,340	+74,148	$9,640,428	+327.7%	1.16%
B	Barrick Mining Corp Basic Materials	Reduced	220,835	-49,831	$9,617,364	+8.4%	1.15%
SU	Suncor Energy Inc Energy	Added	200,098	+59,224	$8,876,347	+50.7%	1.06%
BCE	Bce Inc Communication Services	Added	345,023	+269,365	$8,218,447	+364.4%	0.99%
CNQ	Canadian Natural Resources Ltd Energy	Added	228,553	+142,357	$7,736,519	+180.8%	0.93%
IAG	Iamgold Corp Basic Materials	Held	418,900	0	$6,907,661	+27.5%	0.83%
HL	Hecla Mining Co/De/ Basic Materials	NEW	358,600	NEW	$6,881,534	NEW	0.83%
SOBO	South Bow Corp Energy	Reduced	250,000	-25,600	$6,867,500	−11.9%	0.82%
CNL	Collective Mining Ltd. Basic Materials	Held	470,000	0	$6,857,300	+1.0%	0.82%
PAAS	Pan American Silver Corp Basic Materials	Added	115,621	+67,966	$5,990,324	+224.6%	0.72%
NVDA	Nvidia Corp Technology	Added	28,192	+5,622	$5,257,808	+24.9%	0.63%
TRP	Tc Energy Corp Energy	Added	90,005	+5,680	$4,951,175	+7.9%	0.59%
PR	Permian Resources Corp Energy	Held	350,000	0	$4,910,500	+9.6%	0.59%
CHRD	Chord Energy Corp Energy	Held	50,000	0	$4,635,000	−6.7%	0.56%
EXK	Endeavour Silver Corp Basic Materials	NEW	434,783	NEW	$4,086,960	NEW	0.49%
SLV	iShares Silver Trust	NEW	60,299	NEW	$3,884,461	NEW	0.47%
MFC	Manulife Financial Corp Financial Services	Reduced	103,597	-16,838	$3,758,499	+0.2%	0.45%
NXE	NexGen Energy Ltd. Energy	Held	380,000	0	$3,496,000	+2.8%	0.42%
BVN	Buenaventura Mining Co Inc Basic Materials	NEW	125,466	NEW	$3,491,718	NEW	0.42%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	Reduced	37,017	-4,365	$3,354,110	+1.5%	0.40%
MSFT	Microsoft Corp Technology	Reduced	6,365	-1,025	$3,078,241	−19.6%	0.37%
FTS	Fortis Inc. Utilities	Reduced	59,008	-687	$3,064,875	+1.2%	0.37%
PTEN	Patterson Uti Energy Inc Energy	Held	500,000	0	$3,055,000	+18.0%	0.37%
FANG	Diamondback Energy, Inc. Energy	Reduced	20,000	-295,000	$3,006,600	−93.3%	0.36%
ORLA	Orla Mining Ltd. Basic Materials	Added	222,500	+47,500	$2,997,075	+58.6%	0.36%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	NEW	85,637	NEW	$2,975,029	NEW	0.36%
FBTC	Fidelity Wise Origin Bitcoin Fund	NEW	30,800	NEW	$2,347,884	NEW	0.28%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	45,000	-10,000	$2,285,550	+6.0%	0.27%
AMZN	Amazon Com Inc Consumer Cyclical	Added	9,377	+4,845	$2,164,399	+117.5%	0.26%
UNP	Union Pacific Corp Industrials	Reduced	9,027	-406	$2,088,125	−6.3%	0.25%
MTZ	Mastec Inc Industrials	Added	8,500	+139	$1,847,645	+3.8%	0.22%