Forge First Asset Management Inc.
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2025-09-30, active share 88.5%; sector active share 38.1% against the combined 13F book's sector weights.
Over time 12 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 backtestPortfolio Concentration
29 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Portfolio Trend
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 30.6% | $63,832,830 |
| Technology | 21.1% | $44,138,499 |
| Consumer Cyclical | 15.3% | $31,987,312 |
| Financial Services | 12.7% | $26,523,828 |
| Basic Materials | 11.6% | $24,165,418 |
| Communication Services | 8.7% | $18,153,710 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GFL | GFL Environmental Inc. | +124,900 | 416,100 | $19,714,818 | |
| ITRI | Itron, Inc. | +32,970 | 53,625 | $6,679,530 | |
| AMZN | Amazon Com Inc | +7,600 | 41,650 | $9,145,090 | |
| PANW | Palo Alto Networks Inc | +5,300 | 16,500 | $3,359,730 | |
| META | Meta Platforms, Inc. | +4,886 | 8,786 | $6,452,262 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CP | Canadian Pacific Kansas City Ltd | −316,500 | 54,411 | $4,053,075 | |
| GIL | Gildan Activewear Inc. | −204,800 | 253,500 | $14,652,300 | |
| AGI | Alamos Gold Inc | −189,059 | 153,300 | $5,344,038 | |
| NVDA | Nvidia Corp | −57,100 | 25,270 | $4,714,876 | |
| STN | Stantec Inc | −36,900 | 49,679 | $5,355,396 | |
| GOOG | Alphabet Inc. | −29,235 | 6,565 | $1,598,905 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | −25,100 | 44,170 | $12,336,239 | |
| BKLN | Invesco Ltd. | −23,700 | 939,600 | $19,665,828 | |
| UAL | United Airlines Holdings, Inc. | −10,600 | 47,400 | $4,574,100 | |
| FIX | Comfort Systems USA Inc | −5,053 | 3,545 | $2,925,263 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CWST | Casella Waste Systems Inc | 161,722 | $15,344,183 | |
| HPE | Hewlett Packard Enterprise Co | 536,100 | $13,166,616 | |
| DOO | BRP Inc. | 134,747 | $8,189,922 | |
| BTG | B2gold Corp | 1,652,400 | $8,179,380 | |
| SKE | Skeena Resources Ltd | 400,000 | $7,372,000 | |
| BN | BROOKFIELD Corp | 100,000 | $6,858,000 | |
| CAE | Cae Inc | 191,700 | $5,681,988 | |
| — | 13,431 | $5,250,984 | ||
| — | 215,400 | $3,881,508 | ||
| GAU | Galiano Gold Inc. | 1,000,000 | $2,190,000 | |
| PINS | Pinterest, Inc. | 48,400 | $1,557,028 | |
| — | 100,000 | $1,080,000 | ||
| POWL | Powell Industries Inc | 3,061 | $933,023 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| JPM | Jpmorgan Chase & Co | 51,350 | $14,886,878 | |
| CNI | Canadian National Railway Co | 131,900 | $13,722,876 | |
| VZLA | Vizsla Silver Corp. | 3,300,000 | $9,702,000 | |
| MRVL | Marvell Technology, Inc. | 103,800 | $8,034,120 | |
| XPO | XPO, Inc. | 48,100 | $6,074,549 | |
| CHKP | Check Point Software Technologies Ltd | 25,900 | $5,730,375 | |
| AMD | Advanced Micro Devices Inc | 38,000 | $5,392,200 | |
| BAC | Bank Of America Corp | 103,000 | $4,873,960 | |
| IAUX | i-80 Gold Corp. | 7,910,800 | $4,730,658 | |
| GRND | Grindr Inc. | 152,799 | $3,468,537 | |
| MSFT | Microsoft Corp | 6,540 | $3,253,061 | |
| BIP | Brookfield Infrastructure Partners L.P. | 80,398 | $2,693,333 | |
| SITM | SITIME Corp | 11,670 | $2,486,643 | |
| OR | OR Royalties Inc. | 92,900 | $2,388,459 | |
| MYRG | Myr Group Inc. | 5,815 | $1,055,131 | |
| CLS | Celestica Inc | 5,906 | $921,985 | |
| BBU | Brookfield Business Corp | 357,465 | $0 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GFL |
GFL Environmental Inc.
Industrials
|
Added | 416,100 | $19,714,818 | 9.44% | |
| BKLN |
Invesco Ltd.
Financial Services
|
Reduced | 939,600 | $19,665,828 | 9.42% | |
| CWST |
Casella Waste Systems Inc
Industrials
|
NEW | 161,722 | $15,344,183 | 7.35% | |
| GIL |
Gildan Activewear Inc.
Consumer Cyclical
|
Reduced | 253,500 | $14,652,300 | 7.02% | |
| HPE |
Hewlett Packard Enterprise Co
Technology
|
NEW | 536,100 | $13,166,616 | 6.31% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 44,170 | $12,336,239 | 5.91% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 41,650 | $9,145,090 | 4.38% | |
| TTWO |
Take Two Interactive Software Inc
Communication Services
|
Held | 33,076 | $8,545,515 | 4.09% | |
| DOO |
BRP Inc.
Consumer Cyclical
|
NEW | 134,747 | $8,189,922 | 3.92% | |
| BTG |
B2gold Corp
Basic Materials
|
NEW | 1,652,400 | $8,179,380 | 3.92% | |
| SKE |
Skeena Resources Ltd
Basic Materials
|
NEW | 400,000 | $7,372,000 | 3.53% | |
| BN |
BROOKFIELD Corp
Financial Services
|
NEW | 100,000 | $6,858,000 | 3.28% | |
| ITRI |
Itron, Inc.
Technology
|
Added | 53,625 | $6,679,530 | 3.20% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 8,786 | $6,452,262 | 3.09% | |
| CAE |
Cae Inc
Industrials
|
NEW | 191,700 | $5,681,988 | 2.72% | |
| STN |
Stantec Inc
Industrials
|
Reduced | 49,679 | $5,355,396 | 2.56% | |
| AGI |
Alamos Gold Inc
Basic Materials
|
Reduced | 153,300 | $5,344,038 | 2.56% | |
|
|
NEW | 13,431 | $5,250,984 | 2.51% | ||
| NVDA |
Nvidia Corp
Technology
|
Reduced | 25,270 | $4,714,876 | 2.26% | |
| UAL |
United Airlines Holdings, Inc.
Industrials
|
Reduced | 47,400 | $4,574,100 | 2.19% | |
| CP |
Canadian Pacific Kansas City Ltd
Industrials
|
Reduced | 54,411 | $4,053,075 | 1.94% | |
|
|
NEW | 215,400 | $3,881,508 | 1.86% | ||
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 16,500 | $3,359,730 | 1.61% | |
| FIX |
Comfort Systems USA Inc
Industrials
|
Reduced | 3,545 | $2,925,263 | 1.40% | |
| GAU |
Galiano Gold Inc.
Basic Materials
|
NEW | 1,000,000 | $2,190,000 | 1.05% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 6,565 | $1,598,905 | 0.77% | |
| PINS |
Pinterest, Inc.
Communication Services
|
NEW | 48,400 | $1,557,028 | 0.75% | |
|
|
NEW | 100,000 | $1,080,000 | 0.52% | ||
| POWL |
Powell Industries Inc
Industrials
|
NEW | 3,061 | $933,023 | 0.45% |
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.