Canoe Financial LP

CIK

1908219

Location

CALGARY, A0

Portfolio Value

Mid $7,871,847,548

Diversification

Diversified

Filing Date

Global Rank

#74 / 3,203 ▲ 447

Top Industry

Oil & Gas Equipment & Services 9.5%

3Y Alpha vs SPY

-2.6%

Period ended 30 days ago

Filed Jul 16, 2026 · 14d

14 quarters · since Mar 2023

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical 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.

Cloned portfolio

+56.6%

SPY

+65.3%

Annualised alpha

-2.1%

Max drawdown

−10.4%

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. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

5.2%

+0.2 pts

Top 5

20.5%

+1.4 pts

Top 10

34.2%

+1.9 pts

HHI

229

Diversified+14

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	19.1%	$1,500,733,201	18
Energy	17.3%	$1,364,950,059	12
Financial Services	16.6%	$1,303,230,409	20
Healthcare	11.6%	$914,256,841	11
Technology	10.9%	$858,610,826	11
Consumer Cyclical	9.6%	$753,506,251	9
Basic Materials	8.2%	$649,263,398	10
Communication Services	3.3%	$257,704,510	1
Consumer Defensive	2.5%	$197,784,112	3
Unclassified	0.8%	$59,904,819	2
Utilities	0.1%	$7,972,886	2
Real Estate	0.0%	$3,930,236	2

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
RIG	Transocean Ltd.	+5,111,200	8,682,600	$42,457,914
SLB	Slb Limited/Nv	+3,489,344	7,730,966	$359,412,608
HAL	Halliburton Co	+1,723,741	5,789,518	$196,554,136
EQT	EQT Corp	+1,030,676	4,020,858	$213,789,018
RRC	Range Resources Corp	+1,023,582	3,313,891	$123,243,606
NTR	Nutrien Ltd.	+812,491	2,132,438	$134,236,972
OTIS	Otis Worldwide Corp	+594,140	3,044,476	$217,984,481
CTVA	Corteva, Inc.	+582,038	1,867,231	$158,135,793
FISV	Fiserv Inc	+527,910	1,003,360	$49,214,807
EMR	Emerson Electric Co	+481,037	726,462	$103,993,035
ICE	Intercontinental Exchange, Inc.	+356,171	817,651	$100,661,014
WFC	Wells Fargo & Company/Mn	+196,905	1,567,786	$129,561,835
CP	Canadian Pacific Kansas City Ltd/Cn	+194,364	2,226,842	$192,955,859
AMZN	Amazon Com Inc	+178,400	269,200	$64,161,128
WFRD	Weatherford International plc	+152,900	682,100	$55,591,150
TMO	Thermo Fisher Scientific Inc.	+148,999	309,994	$155,418,591
WPM	Wheaton Precious Metals Corp.	+143,159	598,860	$67,263,955
EFXT	Enerflex Ltd.	+72,312	4,701,871	$115,242,858
AEM	Agnico Eagle Mines Ltd	+71,092	427,922	$66,383,539
KLAC	Kla Corp	+68,480	73,000	$22,024,830
DE	Deere & Co	+61,314	239,931	$152,195,431
RBA	Rb Global Inc.	+34,545	1,400,855	$163,129,564
PM	Philip Morris International Inc.	+27,950	1,016,158	$183,833,143
OR	OR Royalties Inc.	+27,160	79,732	$2,521,923
CVS	CVS HEALTH Corp	+23,872	2,193,833	$226,952,023
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SUNB	Sunbelt Rentals Holdings, Inc.	−1,110,004	17,178	$1,285,086
CNQ	CANADIAN NATURAL RESOURCES Ltd	−996,162	2,437,345	$96,275,127
EXE	EXPAND ENERGY Corp	−838,544	254,892	$23,243,601
GGG	Graco Inc	−364,303	77,471	$5,857,582
CVE	Cenovus Energy Inc.	−251,789	3,959,392	$98,232,515
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−144,200	720,570	$344,122,614
GOOGL	Alphabet Inc.	−135,800	721,114	$257,704,510
HP	Helmerich & Payne, Inc.	−98,338	821,162	$26,884,843
HDB	Hdfc Bank Ltd	−94,400	248,680	$6,423,404
MAR	Marriott International Inc /Md/	−93,599	7,993	$2,962,125
CARR	CARRIER GLOBAL Corp	−82,050	998,100	$73,210,635
TDW	Tidewater Inc	−64,344	210,456	$14,022,683
BGSI	Boyd Group Services Inc.	−59,376	190,754	$18,049,143
TJX	Tjx Companies Inc /De/	−57,400	661,117	$100,159,225
ALC	Alcon Inc	−54,700	177,528	$11,912,128
MSFT	Microsoft Corp	−47,440	465,891	$173,786,660
CPRT	Copart Inc	−43,400	197,427	$5,565,467
STN	Stantec Inc	−28,360	34,796	$2,397,792
SHW	Sherwin Williams Co	−24,520	294,897	$101,538,935
KGC	Kinross Gold Corp	−21,600	116,586	$2,753,761
CNI	Canadian National Railway Co	−18,776	3,407,690	$406,332,955
MCO	Moodys Corp /De/	−18,760	373,122	$168,994,416
V	Visa Inc.	−18,677	663,320	$227,578,458
DSGX	Descartes Systems Group Inc	−16,334	48,632	$3,367,279
PEP	Pepsico Inc	−12,000	53,440	$7,235,776
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
DHR	Danaher Corp /De/	558,214	$106,328,602
TAC	Transalta Corp	550,000	$7,606,500
SLM	SLM Corp	34,270	$888,963
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
MDT	Medtronic plc	743,236	$64,401,399
BAM	Brookfield Asset Management Ltd.	162,000	$7,200,900
NKE	NIKE, Inc.	91,920	$4,855,214
FDS	Factset Research Systems Inc	19,915	$4,321,355
GRTUF	Granite Real Estate Investment Trust	60,729	$3,561,755
ADBE	Adobe Inc.	8,000	$1,944,640
COF	Capital One Financial Corp	3,727	$679,916
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

101 tracked positions · $7,871,847,548 total · 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 101 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CNI	Canadian National Railway Co Industrials	Reduced	3,407,690	-18,776	$406,332,955	+15.4%	5.16%
SLB	Slb Limited/Nv Energy	Added	7,730,966	+3,489,344	$359,412,608	+64.9%	4.57%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	720,570	-144,200	$344,122,614	+17.7%	4.37%
GOOGL	Alphabet Inc. Communication Services	Reduced	721,114	-135,800	$257,704,510	+4.6%	3.27%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Added	3,354,908	+6,865	$243,264,379	−1.7%	3.09%
V	Visa Inc. Financial Services	Reduced	663,320	-18,677	$227,578,458	+10.4%	2.89%
CVS	CVS HEALTH Corp Healthcare	Added	2,193,833	+23,872	$226,952,023	+45.6%	2.88%
OTIS	Otis Worldwide Corp Industrials	Added	3,044,476	+594,140	$217,984,481	+15.4%	2.77%
EQT	EQT Corp Energy	Added	4,020,858	+1,030,676	$213,789,018	+12.3%	2.72%
HAL	Halliburton Co Energy	Added	5,789,518	+1,723,741	$196,554,136	+24.0%	2.50%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	2,226,842	+194,364	$192,955,859	+20.7%	2.45%
PM	Philip Morris International Inc. Consumer Defensive	Added	1,016,158	+27,950	$183,833,143	+12.5%	2.34%
JNJ	Johnson & Johnson Healthcare	Added	716,237	+1,219	$181,902,710	+4.1%	2.31%
MSFT	Microsoft Corp Technology	Reduced	465,891	-47,440	$173,786,660	−8.5%	2.21%
ROST	Ross Stores, Inc. Consumer Cyclical	Added	800,488	+6,577	$170,383,870	−0.9%	2.16%
MCO	Moodys Corp /De/ Financial Services	Reduced	373,122	-18,760	$168,994,416	−1.1%	2.15%
RBA	Rb Global Inc. Industrials	Added	1,400,855	+34,545	$163,129,564	+24.6%	2.07%
CTVA	Corteva, Inc. Basic Materials	Added	1,867,231	+582,038	$158,135,793	+47.0%	2.01%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	309,994	+148,999	$155,418,591	+96.4%	1.97%
DE	Deere & Co Industrials	Added	239,931	+61,314	$152,195,431	+51.3%	1.93%
MA	Mastercard Inc Financial Services	Reduced	295,001	-7,780	$151,512,513	+0.1%	1.92%
TXN	Texas Instruments Inc Technology	Added	498,756	+3,870	$148,664,200	+54.7%	1.89%
RY	Royal Bank Of Canada Financial Services	Added	698,838	+5,267	$144,638,500	+28.9%	1.84%
ELV	Elevance Health, Inc. Healthcare	Reduced	363,504	-3,783	$140,577,901	+30.7%	1.79%
ADI	Analog Devices Inc Technology	Added	353,188	+3,703	$140,275,677	+26.2%	1.78%
NTR	Nutrien Ltd. Basic Materials	Added	2,132,438	+812,491	$134,236,972	+34.8%	1.71%
LMT	Lockheed Martin Corp Industrials	Added	261,015	+2,939	$132,976,701	−14.7%	1.69%
AZO	Autozone Inc Consumer Cyclical	Reduced	41,081	-3,380	$131,292,407	−12.6%	1.67%
WFC	Wells Fargo & Company/Mn Financial Services	Added	1,567,786	+196,905	$129,561,835	+18.7%	1.65%
RRC	Range Resources Corp Energy	Added	3,313,891	+1,023,582	$123,243,606	+19.1%	1.57%
MTB	M&T Bank Corp Financial Services	Added	500,469	+7,165	$119,116,626	+16.8%	1.51%
EFXT	Enerflex Ltd. Energy	Added	4,701,871	+72,312	$115,242,858	+19.0%	1.46%
CME	Cme Group Inc. Financial Services	Reduced	490,242	-6,160	$108,260,140	−26.2%	1.38%
DHR	Danaher Corp /De/ Healthcare	NEW	558,214	NEW	$106,328,602	NEW	1.35%
EMR	Emerson Electric Co Industrials	Added	726,462	+481,037	$103,993,035	+223.4%	1.32%
SHW	Sherwin Williams Co Basic Materials	Reduced	294,897	-24,520	$101,538,935	−0.8%	1.29%
TECK	Teck Resources Ltd Basic Materials	Added	1,693,501	+12,760	$100,695,569	+15.8%	1.28%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	817,651	+356,171	$100,661,014	+38.7%	1.28%
MSCI	MSCI Inc. Financial Services	Reduced	179,551	-5,200	$100,555,742	+1.0%	1.28%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	661,117	-57,400	$100,159,225	−12.7%	1.27%
CVE	Cenovus Energy Inc. Energy	Reduced	3,959,392	-251,789	$98,232,515	−12.1%	1.25%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	2,437,345	-996,162	$96,275,127	−42.5%	1.22%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	998,100	-82,050	$73,210,635	+20.4%	0.93%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	598,860	+143,159	$67,263,955	+12.7%	0.85%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	427,922	+71,092	$66,383,539	−8.3%	0.84%
MTD	Mettler Toledo International Inc/ Healthcare	Reduced	50,294	-1,530	$64,251,087	−1.7%	0.82%
AMZN	Amazon Com Inc Consumer Cyclical	Added	269,200	+178,400	$64,161,128	+239.3%	0.82%
WFRD	Weatherford International plc Energy	Added	682,100	+152,900	$55,591,150	+11.1%	0.71%
FISV	Fiserv Inc	Added	1,003,360	+527,910	$49,214,807	+85.5%	0.63%
RIG	Transocean Ltd. Energy	Added	8,682,600	+5,111,200	$42,457,914	+79.3%	0.54%

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.