Triasima Portfolio Management inc.

Registered adviser

CIK

1938757

Location

MONTREAL, A8

Portfolio Value

Small $756,511,510

Diversification

Diversified

Filing Date

Global Rank

#3,052 / 8,827 ▼ 31 · as of Jun 2026

Top Industry

Banks - Diversified 23.2%

Period ended 38 days ago

Filed Oct 15, 2026 · 23d

24 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 304577

Roster of Nov 1, 2026

Regulatory AUM

$1,105,259,278

Main clients

Diversified

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$1,105,259,278	Diversified
Apr 2025 to Mar 2026	$1,032,804,274	Diversified
Apr 2024 to Mar 2025	$2,069,571,459	Diversified
May 2023 to Mar 2024	$2,516,772,419	Diversified
Apr 2023	$2,516,772,419	Diversified
Apr 2022 to Mar 2023	$3,732,976,462	Other investment advisers (52%)

2 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 32.3%, 50.7 effective positions, active share 79.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

68.7% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 8.4 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 79.8%; sector active share 31.6% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

137 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

6.9%

−0.2 pts

Top 5

21.1%

−1.0 pts

Top 10

31.8%

−0.5 pts

HHI

192

Diversified−5

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	30.7%	$231,978,574	22
Technology	20.4%	$154,598,828	29
Healthcare	9.0%	$67,956,452	16
Industrials	8.9%	$67,509,430	20
Energy	7.6%	$57,201,866	12
Basic Materials	5.9%	$44,503,695	11
Consumer Cyclical	5.3%	$39,849,492	10
Communication Services	4.6%	$34,773,723	7
Real Estate	2.7%	$20,063,509	2
Consumer Defensive	2.4%	$17,925,872	2
Utilities	2.0%	$14,836,421	3
Unclassified	0.7%	$5,313,648	3

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
MFC	Manulife Financial Corp	+188,218	373,076	$15,889,306
CNQ	CANADIAN NATURAL RESOURCES Ltd	+104,362	270,462	$12,730,646
IAG	Iamgold Corp	+101,430	292,163	$5,378,720
HSLV	Highlander Silver Corp.	+99,281	527,874	$2,755,502
MGA	Magna International Inc	+66,500	194,740	$12,399,095
CVE	Cenovus Energy Inc.	+64,959	388,841	$12,085,178
PBA	Pembina Pipeline Corp	+62,075	128,125	$5,711,812
SHOP	Shopify Inc.	+48,988	101,965	$15,121,409
QSR	Restaurant Brands International Inc.	+47,518	74,318	$5,282,523
RPRX	Royalty Pharma plc	+42,817	223,527	$13,045,035
CVS	CVS HEALTH Corp	+39,202	71,917	$6,162,567
CNI	Canadian National Railway Co	+38,233	145,653	$17,318,141
BWA	Borgwarner Inc	+30,325	94,515	$5,681,296
MEOH	Methanex Corp	+23,889	70,741	$4,151,081
TGT	Target Corp	+23,564	46,644	$7,308,648
HBM	Hudbay Minerals Inc.	+23,556	587,103	$15,663,908
CIB	Grupo Cibest S.A.	+18,050	141,201	$13,110,512
SU	Suncor Energy Inc	+17,681	58,466	$3,968,087
TD	Toronto Dominion Bank	+15,541	321,615	$37,799,410
APH	Amphenol Corp	+12,239	24,478	$2,063,495
CP	Canadian Pacific Kansas City Ltd	+12,133	25,048	$2,131,584
TECK	Teck Resources Ltd	+11,900	39,350	$2,588,836
RY	Royal Bank Of Canada	+10,694	265,763	$52,246,348
IMO	Imperial Oil Ltd	+10,520	61,265	$7,538,658
WSM	Williams Sonoma Inc	+8,440	20,715	$4,721,777
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ELVA	Electrovaya Inc.	−255,210	21,566	$140,610
KGC	Kinross Gold Corp	−167,083	187,900	$4,524,632
ENB	Enbridge Inc	−126,602	50,561	$2,350,580
EFXT	Enerflex Ltd.	−126,313	134,511	$3,065,505
TJX	Tjx Companies Inc	−60,411	13,848	$1,832,228
TIGO	Millicom International Cellular SA	−57,920	146,704	$12,783,786
EZPW	Ezcorp Inc	−30,857	147,293	$4,383,439
WPM	Wheaton Precious Metals Corp.	−30,656	12,092	$1,616,942
NTR	Nutrien Ltd.	−22,532	4,460	$313,315
BCS	Barclays PLC	−19,865	162,380	$3,940,962
CM	Canadian Imperial Bank Of Commerce	−19,594	224,058	$24,686,710
UBS	UBS Group AG	−19,076	135,373	$6,515,502
CLS	Celestica Inc	−16,516	15,683	$5,668,306
IBKR	Interactive Brokers Group, Inc.	−15,470	87,214	$7,449,819
KLAC	Kla Corp	−15,355	15,945	$3,108,158
INTC	Intel Corp	−13,658	48,282	$5,804,944
AVGO	Broadcom Inc.	−12,828	9,789	$3,437,798
NVS	Novartis AG	−12,480	32,275	$4,601,446
CSCO	Cisco Systems, Inc.	−9,470	51,919	$5,588,041
AER	AerCap Holdings N.V.	−7,890	40,526	$5,816,291
POWL	Powell Industries Inc	−6,590	1,129	$208,266
AEP	American Electric Power Co Inc	−6,369	2,730	$323,887
LRCX	Lam Research Corp	−6,304	18,989	$6,238,076
BELFA	Bel Fuse Inc	−5,772	1,130	$223,434
GS	Goldman Sachs Group Inc	−3,080	5,367	$4,832,232
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TBBB	Bbb Foods Inc	201,695	$10,617,224
GH	Guardant Health, Inc.	34,139	$6,089,032
BMY	Bristol Myers Squibb Co	91,290	$5,696,496
TWLO	Twilio Inc	16,465	$4,815,353
SMFG	Sumitomo Mitsui Financial Group, Inc.	176,975	$4,585,422
NTRA	Natera, Inc.	10,991	$4,542,690
DDOG	Datadog, Inc.	16,364	$4,481,281
SSRM	Ssr Mining Inc.	113,352	$3,776,888
BOX	Box Inc	98,086	$3,283,919
EXPE	Expedia Group, Inc.	12,377	$3,259,606
STX	Seagate Technology Holdings plc	3,411	$3,146,101
AMD	Advanced Micro Devices Inc	5,024	$3,073,482
RACE	Ferrari N.V.	7,655	$3,007,266
TGB	Trekor Metals Ltd	314,852	$2,805,331
TRI	Thomson Reuters Corp	26,794	$2,607,860
UNH	Unitedhealth Group Inc	6,495	$2,384,184
BIIB	Biogen Inc.	9,308	$2,102,491
BTE	Baytex Energy Corp.	386,100	$1,749,033
VBNK	VersaBank	64,440	$1,431,856
AMGN	Amgen Inc	3,280	$1,382,552
WCN	Waste Connections, Inc.	8,460	$1,302,247
HCSG	Healthcare Services Group Inc	61,590	$1,259,515
CLH	Clean Harbors Inc	3,640	$1,129,237
EQX	Equinox Gold Corp.	83,577	$928,540
BB	BLACKBERRY Ltd	90,000	$813,600
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
CCJ	Cameco Corp	84,052	$8,561,536
FER	Ferrovial N.V.	105,043	$7,207,000
PAAS	Pan American Silver Corp	155,520	$6,965,740
CHRW	C. H. Robinson Worldwide, Inc.	31,305	$5,895,983
NXT	Nextpower Inc.	37,123	$4,422,834
RL	Ralph Lauren Corp	7,775	$3,120,962
HBAN	Huntington Bancshares Inc	167,905	$2,976,955
BCE	Bce Inc	130,932	$2,816,347
DNN	Denison Mines Corp.	741,091	$2,267,738
—		191,800	$1,877,722
BWXT	BWX Technologies, Inc.	7,744	$1,507,369
ARIS	Aris Mining Corp	92,410	$1,377,833
AEM	Agnico Eagle Mines Ltd	8,384	$1,300,609
WMT	Walmart Inc.	9,665	$1,094,657
BN	BROOKFIELD Corp	21,642	$921,732
COR	Cencora, Inc.	3,129	$885,444
CME	Cme Group Inc.	3,420	$755,238
GIL	Gildan Activewear Inc.	9,760	$503,616
PL	Planet Labs PBC	10,995	$364,264
UBER	Uber Technologies, Inc	4,554	$328,616
COST	Costco Wholesale Corp	332	$310,576
TKO	TKO Group Holdings, Inc.	1,183	$238,149
AGI	Alamos Gold Inc	7,033	$213,381
FIGS	FIGS, Inc.	13,665	$139,792
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

137 tracked positions · $756,511,510 total · filing declares 137 positions · $757,882,606 · as of Sep 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 137 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RY	Royal Bank Of Canada Financial Services	Added	265,763	+10,694	$52,246,348	−1.0%	6.91%
TD	Toronto Dominion Bank Financial Services	Added	321,615	+15,541	$37,799,410	+1.7%	5.00%
BMO	Bank Of Montreal Financial Services	Added	161,565	+7,581	$27,021,746	−0.7%	3.57%
CM	Canadian Imperial Bank Of Commerce Financial Services	Reduced	224,058	-19,594	$24,686,710	−11.9%	3.26%
MSFT	Microsoft Corp Technology	Added	34,634	+6,204	$17,763,778	+67.5%	2.35%
CNI	Canadian National Railway Co Industrials	Added	145,653	+38,233	$17,318,141	+35.2%	2.29%
GOOGL	Alphabet Inc. Communication Services	Reduced	46,906	-1,079	$16,139,416	−5.9%	2.13%
MFC	Manulife Financial Corp Financial Services	Added	373,076	+188,218	$15,889,306	+112.2%	2.10%
HBM	Hudbay Minerals Inc. Basic Materials	Added	587,103	+23,556	$15,663,908	+17.7%	2.07%
SHOP	Shopify Inc. Technology	Added	101,965	+48,988	$15,121,409	+150.0%	2.00%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	32,917	-540	$15,016,406	−6.0%	1.98%
FTS	Fortis Inc. Utilities	Added	268,825	+5,635	$14,199,336	−5.7%	1.88%
NVDA	Nvidia Corp Technology	Added	59,171	+7,522	$13,513,472	+30.8%	1.79%
CIB	Grupo Cibest S.A. Financial Services	Added	141,201	+18,050	$13,110,512	+34.0%	1.73%
RPRX	Royalty Pharma plc Healthcare	Added	223,527	+42,817	$13,045,035	+28.7%	1.72%
TIGO	Millicom International Cellular SA Communication Services	Reduced	146,704	-57,920	$12,783,786	−31.2%	1.69%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Added	270,462	+104,362	$12,730,646	+94.0%	1.68%
MGA	Magna International Inc Consumer Cyclical	Added	194,740	+66,500	$12,399,095	+47.3%	1.64%
AAPL	Apple Inc. Technology	Added	37,151	+325	$12,372,026	+16.1%	1.64%
CVE	Cenovus Energy Inc. Energy	Added	388,841	+64,959	$12,085,178	+50.4%	1.60%
LLY	ELI LILLY & Co Healthcare	Added	10,376	+330	$12,005,862	−0.4%	1.59%
BNS	Bank Of Nova Scotia Financial Services	Added	129,745	+1,065	$11,786,035	+5.5%	1.56%
WELL	Welltower Inc. Real Estate	Added	49,419	+1,060	$11,378,230	+3.7%	1.50%
TBBB	Bbb Foods Inc Consumer Defensive	NEW	201,695	NEW	$10,617,224	NEW	1.40%
TFII	TFI International Inc. Industrials	Added	80,742	+7,991	$9,677,736	−7.3%	1.28%
SPG	Simon Property Group Inc. Real Estate	Added	43,262	+679	$8,685,279	−8.8%	1.15%
PWR	Quanta Services, Inc. Industrials	Added	11,759	+3,401	$7,555,275	+25.5%	1.00%
IMO	Imperial Oil Ltd Energy	Added	61,265	+10,520	$7,538,658	+32.6%	1.00%
IBKR	Interactive Brokers Group, Inc. Financial Services	Reduced	87,214	-15,470	$7,449,819	−16.6%	0.98%
TGT	Target Corp Consumer Defensive	Added	46,644	+23,564	$7,308,648	+142.5%	0.97%
TXN	Texas Instruments Inc Technology	Added	24,546	+6,480	$6,875,089	+27.7%	0.91%
GILD	Gilead Sciences, Inc. Healthcare	Held	45,238	0	$6,742,723	+18.0%	0.89%
UBS	UBS Group AG Financial Services	Reduced	135,373	-19,076	$6,515,502	−14.9%	0.86%
LRCX	Lam Research Corp Technology	Reduced	18,989	-6,304	$6,238,076	−43.1%	0.82%
CVS	CVS HEALTH Corp Healthcare	Added	71,917	+39,202	$6,162,567	+82.1%	0.81%
GH	Guardant Health, Inc. Healthcare	NEW	34,139	NEW	$6,089,032	NEW	0.80%
CFG	Citizens Financial Group Inc Financial Services	Added	93,464	+1,035	$5,959,264	−8.0%	0.79%
MDA	MDA Space Ltd. Industrials	Added	198,062	+5,143	$5,868,577	−26.3%	0.78%
AER	AerCap Holdings N.V. Industrials	Reduced	40,526	-7,890	$5,816,291	−17.6%	0.77%
INTC	Intel Corp Technology	Reduced	48,282	-13,658	$5,804,944	−32.9%	0.77%
JPM	Jpmorgan Chase & Co Financial Services	Added	17,529	+110	$5,799,119	+1.7%	0.77%
PBA	Pembina Pipeline Corp Energy	Added	128,125	+62,075	$5,711,812	+87.0%	0.76%
BMY	Bristol Myers Squibb Co Healthcare	NEW	91,290	NEW	$5,696,496	NEW	0.75%
BWA	Borgwarner Inc Consumer Cyclical	Added	94,515	+30,325	$5,681,296	+33.3%	0.75%
CLS	Celestica Inc Technology	Reduced	15,683	-16,516	$5,668,306	−51.7%	0.75%
CSCO	Cisco Systems, Inc. Technology	Reduced	51,919	-9,470	$5,588,041	−22.5%	0.74%
FIX	Comfort Systems USA Inc Industrials	Reduced	3,300	-569	$5,458,497	−28.8%	0.72%
IAG	Iamgold Corp Basic Materials	Added	292,163	+101,430	$5,378,720	+78.0%	0.71%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Added	74,318	+47,518	$5,282,523	+171.8%	0.70%
GS	Goldman Sachs Group Inc Financial Services	Reduced	5,367	-3,080	$4,832,232	−43.4%	0.64%

Showing the top 50 of 137 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.