Murchinson Ltd.
Filing Date
Global Rank
#2,433
/ 8,517
▼ 261
Top Industry
Banks - Diversified
47.5%
3Y Alpha vs SPY
+10.4%
Period ended 46 days ago
Filed Aug 14, 2026 · 1d
21 quarters · since Jun 2021
Clone Performance
Aug 2023–Aug 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Not a measure of this manager's performance.
Most of Murchinson Ltd.'s reported book is option positions, which a stock-only clone
cannot replicate. The figures below are the return of the
63% that is ordinary stock — as little as
22% in one quarter — so a manager whose options
thesis lost money can still show a large gain here.
Cloned portfolio
+125.3%
SPY
+75.3%
Annualised alpha
+10.5%
Max drawdown
−28.4%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 63% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
71 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
15.0%
−19.8 pts
Top 5
51.0%
−19.9 pts
Top 10
67.7%
−17.2 pts
HHI
685
Diversified−976
Portfolio Trend
21 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 59.7% | $377,680,840 |
| Energy | 11.6% | $73,633,623 |
| Industrials | 8.9% | $56,374,572 |
| Technology | 6.2% | $38,934,089 |
| Basic Materials | 3.9% | $24,891,437 |
| Communication Services | 3.7% | $23,617,336 |
| Healthcare | 2.9% | $18,555,103 |
| Utilities | 2.2% | $13,877,695 |
| Consumer Cyclical | 0.4% | $2,473,058 |
| Unclassified | 0.3% | $2,001,784 |
| Real Estate | 0.0% | $210,970 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
15 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NNDM | Nano Dimension Ltd. | +3,286,276 | 18,836,276 | $27,312,600 | |
| CM | Canadian Imperial Bank Of Commerce /Can/ | +611,862 | 825,062 | $94,882,130 | |
| SU | Suncor Energy Inc | +232,476 | 458,076 | $24,589,519 | |
| BHF | Brighthouse Financial, Inc. | +200,000 | 203,740 | $12,896,742 | |
| CP | Canadian Pacific Kansas City Ltd/Cn | +180,957 | 296,357 | $25,679,334 | |
| BMO | Bank Of Montreal /Can/ | +149,354 | 469,400 | $82,942,980 | |
| CNQ | CANADIAN NATURAL RESOURCES Ltd | +133,435 | 343,435 | $13,565,682 | |
| CNI | Canadian National Railway Co | +131,700 | 198,135 | $23,625,617 | |
| FTS | Fortis Inc. | +107,933 | 136,933 | $7,836,675 | |
| IMO | Imperial Oil Ltd | +62,412 | 80,212 | $8,985,348 | |
| PCG | PG&E Corp | +50,000 | 200,000 | $3,364,000 | |
| WBD | Warner Bros. Discovery, Inc. | +30,000 | 330,000 | $8,797,800 | |
| ENB | Enbridge Inc | +16,141 | 106,141 | $5,753,903 | |
| PTHS | Pelthos Therapeutics Inc. | +7,988 | 304,302 | $8,599,574 | |
| TD | Toronto Dominion Bank | +1,200 | 511,200 | $62,075,016 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NTR | Nutrien Ltd. | −3,265,600 | 160,231 | $10,086,541 | |
| RY | Royal Bank Of Canada | −475,992 | 266,400 | $55,136,808 | |
| BNS | Bank Of Nova Scotia | −244,600 | 50,000 | $4,342,000 | |
| TDAY | USA TODAY Co., Inc. | −120,000 | 200,000 | $1,710,000 | |
| TRP | Tc Energy Corp | −96,833 | 254,367 | $16,861,988 | |
| XAIR | Beyond Air, Inc. | −55,779 | 274,208 | $122,296 | |
| ORMP | Oramed Pharmaceuticals Inc. | −25,000 | 1,290,294 | $6,206,314 | |
| LNSR | LENSAR, Inc. | −23,337 | 13,223 | $75,503 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| NWAX | New America Acquisition I Corp. | 1,475,000 | $14,971,250 | |
| BAM | Brookfield Asset Management Ltd. | 258,924 | $11,612,741 | |
| SLF | Sun Life Financial Inc | 130,000 | $10,194,600 | |
| BN | BROOKFIELD Corp /ON/ | 225,338 | $9,597,145 | |
| MRVL | Marvell Technology, Inc. | 20,000 | $5,957,800 | |
| TTWO | Take Two Interactive Software Inc | 20,000 | $4,999,600 | |
| WCN | Waste Connections, Inc. | 28,800 | $4,800,672 | |
| B | Barrick Mining Corp | 125,200 | $4,598,596 | |
| WPM | Wheaton Precious Metals Corp. | 40,000 | $4,492,800 | |
| TECK | Teck Resources Ltd | 70,000 | $4,162,200 | |
| TRLV | Trulieve Cannabis Corp. | 355,200 | $3,491,616 | |
| SKM | Sk Telecom Co Ltd | 100,000 | $3,216,000 | |
| MFC | Manulife Financial Corp | 76,000 | $3,078,760 | |
| CVE | Cenovus Energy Inc. | 109,600 | $2,719,176 | |
| RCI | Rogers Communications Inc | 65,000 | $2,112,500 | |
| NKE | NIKE, Inc. | 50,000 | $2,052,500 | |
| BRUN | Boost Run Inc. | 52,000 | $2,018,120 | |
| PPL | PPL Corp | 50,000 | $1,817,500 | |
| AEM | Agnico Eagle Mines Ltd | 10,000 | $1,551,300 | |
| PBA | Pembina Pipeline Corp | 25,038 | $1,158,007 | |
| SHOP | Shopify Inc. | 10,000 | $1,141,800 | |
| CAE | Cae Inc | 45,021 | $1,128,226 | |
| AIFF | Firefly Neuroscience, Inc. | 650,000 | $786,500 | |
| KEEL | Keel Infrastructure Corp. | 100,000 | $574,000 | |
| VIVO | VivoPower PLC | 100,000 | $517,000 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SOBO | South Bow Corp | 1,725,100 | $57,480,332 | |
| ORCL | Oracle Corp | 100,000 | $14,711,000 | |
| SUNC | SunocoCorp LLC | 58,527 | $3,608,189 | |
| NN | Nextnav Inc. | 200,000 | $3,204,000 | |
| FSLR | First Solar, Inc. | 15,000 | $2,958,900 | |
| KVUE | Kenvue Inc. | 150,000 | $2,586,000 | |
| SLV | iShares Silver Trust | 15,000 | $1,022,100 | |
| ATKR | Atkore Inc. | 15,000 | $883,650 | |
| UAA | Under Armour, Inc. | 150,000 | $868,500 | |
| FNV | FRANCO NEVADA Corp | 3,164 | $781,666 | |
| OGG | Osisko Gold Group Inc. | 200,000 | $650,000 | |
| IXHL | Incannex Healthcare Inc. | 104,113 | $312,339 | |
| VNDA | Vanda Pharmaceuticals Inc. | 30,000 | $207,300 | |
| GOSS | Gossamer Bio, Inc. | 530,000 | $174,370 | |
| NFE | New Fortress Energy Inc. | 31,500 | $18,585 | |
| GLDD | Great Lakes Dredge & Dock CORP | 14,200 | $0 | |
| SEMR | SEMrush Holdings, Inc. | 20,100 | $0 | |
| VRE | Veris Residential, Inc. | 12,700 | $0 | |
| HTBK | HERITAGE COMMERCE CORP | 18,600 | $0 | |
| BLFY | Blue Foundry Bancorp | 18,800 | $0 | |
| CTLP | Cantaloupe, Inc. | 22,100 | $0 | |
| AL | SUMISHO AIR LEASE CORP | 3,700 | $0 | |
| CSGS | Csg Systems International Inc | 3,060 | $0 | |
| ONTF | ON24 INC. | 30,100 | $0 | |
| FOLD | AMICUS THERAPEUTICS, INC. | 16,700 | $0 | |
| No positions match the current search. | ||||
71 tracked positions ·
$632,250,507 total
· filing declares
125 positions · $724,804,416
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 71 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CM |
Canadian Imperial Bank Of Commerce /Can/
PUT
CALL
+ SHARES
Financial Services
|
Added | 825,062 | $94,882,130 | 15.01% | |
| BMO |
Bank Of Montreal /Can/
PUT
CALL
Financial Services
|
Added | 469,400 | $82,942,980 | 13.12% | |
| TD |
Toronto Dominion Bank
PUT
CALL
Financial Services
|
Added | 511,200 | $62,075,016 | 9.82% | |
| RY |
Royal Bank Of Canada
PUT
CALL
Financial Services
|
Reduced | 266,400 | $55,136,808 | 8.72% | |
| NNDM |
Nano Dimension Ltd.
Technology
|
Added | 18,836,276 | $27,312,600 | 4.32% | |
| CP |
Canadian Pacific Kansas City Ltd/Cn
PUT
CALL
+ SHARES
Industrials
|
Added | 296,357 | $25,679,334 | 4.06% | |
| SU |
Suncor Energy Inc
PUT
CALL
+ SHARES
Energy
|
Added | 458,076 | $24,589,519 | 3.89% | |
| CNI |
Canadian National Railway Co
PUT
CALL
+ SHARES
Industrials
|
Added | 198,135 | $23,625,617 | 3.74% | |
| TRP |
Tc Energy Corp
PUT
CALL
+ SHARES
Energy
|
Reduced | 254,367 | $16,861,988 | 2.67% | |
| NWAX |
New America Acquisition I Corp.
Financial Services
|
NEW | 1,475,000 | $14,971,250 | 2.37% | |
| CNQ |
CANADIAN NATURAL RESOURCES Ltd
PUT
CALL
+ SHARES
Energy
|
Added | 343,435 | $13,565,682 | 2.15% | |
| BHF |
Brighthouse Financial, Inc.
PUT
+ SHARES
Financial Services
|
Added | 203,740 | $12,896,742 | 2.04% | |
| BAM |
Brookfield Asset Management Ltd.
PUT
CALL
+ SHARES
Financial Services
|
NEW | 258,924 | $11,612,741 | 1.84% | |
| MCGA |
Yorkville Acquisition Corp.
Financial Services
|
Held | 1,000,400 | $10,214,084 | 1.62% | |
| SLF |
Sun Life Financial Inc
PUT
CALL
Financial Services
|
NEW | 130,000 | $10,194,600 | 1.61% | |
| NTR |
Nutrien Ltd.
PUT
CALL
+ SHARES
Basic Materials
|
Reduced | 160,231 | $10,086,541 | 1.60% | |
| BN |
BROOKFIELD Corp /ON/
PUT
CALL
+ SHARES
Financial Services
|
NEW | 225,338 | $9,597,145 | 1.52% | |
| IMO |
Imperial Oil Ltd
PUT
CALL
+ SHARES
Energy
|
Added | 80,212 | $8,985,348 | 1.42% | |
| WBD |
Warner Bros. Discovery, Inc.
Communication Services
|
Added | 330,000 | $8,797,800 | 1.39% | |
| PTHS |
Pelthos Therapeutics Inc.
Healthcare
|
Added | 304,302 | $8,599,574 | 1.36% | |
| FTS |
Fortis Inc.
PUT
CALL
+ SHARES
Utilities
|
Added | 136,933 | $7,836,675 | 1.24% | |
| ORMP |
Oramed Pharmaceuticals Inc.
Healthcare
|
Reduced | 1,290,294 | $6,206,314 | 0.98% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
NEW | 20,000 | $5,957,800 | 0.94% | |
| ENB |
Enbridge Inc
PUT
CALL
+ SHARES
Energy
|
Added | 106,141 | $5,753,903 | 0.91% | |
| TTWO |
Take Two Interactive Software Inc
CALL
Communication Services
|
NEW | 20,000 | $4,999,600 | 0.79% | |
| WCN |
Waste Connections, Inc.
PUT
CALL
Industrials
|
NEW | 28,800 | $4,800,672 | 0.76% | |
| B |
Barrick Mining Corp
PUT
CALL
Basic Materials
|
NEW | 125,200 | $4,598,596 | 0.73% | |
| AUB |
Atlantic Union Bankshares Corp
Financial Services
|
Held | 106,874 | $4,521,838 | 0.72% | |
| WPM |
Wheaton Precious Metals Corp.
PUT
CALL
Basic Materials
|
NEW | 40,000 | $4,492,800 | 0.71% | |
| BNS |
Bank Of Nova Scotia
PUT
CALL
Financial Services
|
Reduced | 50,000 | $4,342,000 | 0.69% | |
| TECK |
Teck Resources Ltd
PUT
CALL
Basic Materials
|
NEW | 70,000 | $4,162,200 | 0.66% | |
| TRLV |
Trulieve Cannabis Corp.
Healthcare
|
NEW | 355,200 | $3,491,616 | 0.55% | |
| PCG |
PG&E Corp
CALL
Utilities
|
Added | 200,000 | $3,364,000 | 0.53% | |
| SKM |
Sk Telecom Co Ltd
Communication Services
|
NEW | 100,000 | $3,216,000 | 0.51% | |
| MFC |
Manulife Financial Corp
PUT
CALL
Financial Services
|
NEW | 76,000 | $3,078,760 | 0.49% | |
| CVE |
Cenovus Energy Inc.
PUT
CALL
Energy
|
NEW | 109,600 | $2,719,176 | 0.43% | |
| ECHO |
EchoStar CORP
CALL
Communication Services
|
Held | 25,000 | $2,537,500 | 0.40% | |
| RCI |
Rogers Communications Inc
CALL
Communication Services
|
NEW | 65,000 | $2,112,500 | 0.33% | |
| NKE |
NIKE, Inc.
CALL
Consumer Cyclical
|
NEW | 50,000 | $2,052,500 | 0.32% | |
| BRUN |
Boost Run Inc.
Technology
|
NEW | 52,000 | $2,018,120 | 0.32% | |
| BIL |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
|
Held | 21,844 | $2,001,784 | 0.32% | |
| PPL |
PPL Corp
PUT
CALL
Utilities
|
NEW | 50,000 | $1,817,500 | 0.29% | |
| TDAY |
USA TODAY Co., Inc.
Communication Services
|
Reduced | 200,000 | $1,710,000 | 0.27% | |
| AEM |
Agnico Eagle Mines Ltd
PUT
CALL
Basic Materials
|
NEW | 10,000 | $1,551,300 | 0.25% | |
| PBA |
Pembina Pipeline Corp
Energy
|
NEW | 25,038 | $1,158,007 | 0.18% | |
| SHOP |
Shopify Inc.
CALL
Technology
|
NEW | 10,000 | $1,141,800 | 0.18% | |
| CAE |
Cae Inc
PUT
CALL
+ SHARES
Industrials
|
NEW | 45,021 | $1,128,226 | 0.18% | |
| AIFF |
Firefly Neuroscience, Inc.
Technology
|
NEW | 650,000 | $786,500 | 0.12% | |
| KEEL |
Keel Infrastructure Corp.
CALL
Technology
|
NEW | 100,000 | $574,000 | 0.09% | |
| VIVO |
VivoPower PLC
CALL
Technology
|
NEW | 100,000 | $517,000 | 0.08% |
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.