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Canoe Financial LP — 13F Holdings & Portfolio

CIK 1908219 · latest 13F-HR filed 2026-07-16

Backtest portfolio

Canoe Financial LP manages $8.07B in 13F-reported U.S. long-equity assets across 119 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CNI (5.03%), SLB (4.45%), TSM (4.26%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions, exited 7, added to 44, and trimmed 45.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
421 7 AVENUE SW, SUITE 2750
CALGARY, A0 T2P4K9
Phone
(403) 571-5550
Filing Manager
Canoe Financial LP
CALGARY, A0
Signatory
Albert Luong
Director, Legal & Compliance
Loading holdings…
AUM

$8.07B

Long-equity book

Holdings

119

Distinct positions

Period

2026-06-30

Filed 2026-07-16

Q/Q Activity

+5 / −7 / ↑44 / ↓45

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SCHLUMBERGER LTD$138.5M +62.9%
  • THERMO FISHER SCIENTIFIC INC$76.3M +96.4%
  • EMERSON ELECTRIC CO$71.8M +223.4%
  • CVS HEALTH CORP$71.1M +45.6%
  • CANADIAN NATIONAL RAILWAY CO$53.7M +15.2%
Show all 44 →

Top Trims

  • Expand Energy Corp-$96.0M -79.2%
  • SUNBELT RENTALS HOLDINGS INC-$71.9M -98.3%
  • CANADIAN NATURAL RESOURCES LTD-$71.1M -42.5%
  • CME GROUP INC-$38.4M -26.2%
  • GRACO INC-$31.5M -84.3%
Show all 45 →

New Positions

  • DANAHER CORP$106.3M
  • TRANSALTA CORP$7.6M
  • ISHARES MSCI EAFE ETF$3.0M
  • STATE STREET SPDR EURO STOXX$1.1M
  • SLM CORP$889.0K
Show all 5 →

Exited Positions

  • MEDTRONIC PLC$64.4M
  • Brookfield Asset Management Ltd$7.2M
  • NIKE INC$4.9M
  • FACTSET RESEARCH SYSTEMS INC$4.3M
  • GRANITE REAL ESTATE INVESTMENT TRUST$3.6M
Show all 7 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 CANADIAN NATIONAL RAILWAY CO CNI 136375102 $406.3M 5.03% 3,407,690 SH
2 SCHLUMBERGER LTD SLB 806857108 $358.9M 4.45% 7,720,416 SH
3 TAIWAN SEMICONDUCTOR MANUFACTU TSM 874039100 $344.1M 4.26% 720,570 SH
4 ALPHABET INC GOOGL 02079K305 $257.7M 3.19% 721,114 SH
5 RESTAURANT BRANDS INTL INC QSR 76131D103 $243.1M 3.01% 3,354,908 SH
6 VISA INC COM CL A V 92826C839 $227.6M 2.82% 663,320 SH
7 CVS HEALTH CORP CVS 126650100 $227.0M 2.81% 2,193,833 SH
8 OTIS WORLDWIDE CORP OTIS 68902V107 $218.0M 2.70% 3,044,286 SH
9 EQT CORP EQT 26884L109 $213.4M 2.64% 4,013,241 SH
10 HALLIBURTON CO HAL 406216101 $196.6M 2.43% 5,789,518 SH
11 CANADIAN PACIFIC KANSAS CITY LTD CP 13646K108 $192.9M 2.39% 2,226,842 SH
12 PHILIP MORRIS INTERNATIONAL IN PM 718172109 $183.8M 2.28% 1,016,158 SH
13 JOHNSON & JOHNSON JNJ 478160104 $181.9M 2.25% 716,237 SH
14 MICROSOFT CORP MSFT 594918104 $173.8M 2.15% 465,891 SH
15 ROSS STORES INC ROST 778296103 $170.4M 2.11% 800,488 SH
16 MOODY'S CORP MCO 615369105 $169.0M 2.09% 373,122 SH
17 RB GLOBAL INC RBA 74935Q107 $162.9M 2.02% 1,400,855 SH
18 CORTEVA INC CTVA 22052L104 $158.1M 1.96% 1,867,231 SH
19 INTERCONTINENTAL HOTELS GROUP PLC IHG G4804L163 $155.5M 1.93% 902,654 SH
20 THERMO FISHER SCIENTIFIC INC TMO 883556102 $155.4M 1.92% 309,994 SH
21 DEERE & CO DE 244199105 $152.2M 1.88% 239,931 SH
22 MASTERCARD INC MA 57636Q104 $151.5M 1.88% 295,001 SH
23 TEXAS INSTRUMENTS INC TXN 882508104 $148.7M 1.84% 498,756 SH
24 ROYAL BANK OF CANADA RY 780087102 $144.6M 1.79% 698,838 SH
25 ELEVANCE HEALTH INC ELV 036752103 $140.6M 1.74% 363,504 SH
26 ANALOG DEVICES INC ADI 032654105 $140.3M 1.74% 353,188 SH
27 NUTRIEN LTD NTR 67077M108 $134.2M 1.66% 2,132,438 SH
28 LOCKHEED MARTIN CORP LMT 539830109 $133.0M 1.65% 261,015 SH
29 AUTOZONE INC AZO 053332102 $131.3M 1.63% 41,081 SH
30 WELLS FARGO & CO WFC 949746101 $129.6M 1.60% 1,567,786 SH
31 RANGE RESOURCES CORP RRC 75281A109 $123.0M 1.52% 3,307,991 SH
32 M&T BANK CORP MTB 55261F104 $119.1M 1.48% 500,469 SH
33 ENERFLEX LTD EFXT 29269R105 $115.4M 1.43% 4,701,871 SH
34 CME GROUP INC CME 12572Q105 $108.3M 1.34% 490,242 SH
35 DANAHER CORP DHR 235851102 $106.3M 1.32% 558,214 SH
36 EMERSON ELECTRIC CO EMR 291011104 $104.0M 1.29% 726,462 SH
37 SHERWIN-WILLIAMS CO/THE SHW 824348106 $101.5M 1.26% 294,897 SH
38 TECK RESOURCES LTD TECK 878742204 $100.8M 1.25% 1,693,501 SH
39 INTERCONTINENTAL EXCHANGE INC ICE 45866F104 $100.7M 1.25% 817,586 SH
40 MSCI INC MSCI 55354G100 $100.6M 1.25% 179,551 SH
41 TJX COS INC/THE TJX 872540109 $100.2M 1.24% 661,117 SH
42 CENOVUS ENERGY INC CVE 15135U109 $98.1M 1.22% 3,959,392 SH
43 CANADIAN NATURAL RESOURCES LTD CNQ 136385101 $96.4M 1.19% 2,437,345 SH
44 CARRIER GLOBAL CORP CARR 14448C104 $73.2M 0.91% 998,100 SH
45 WHEATON PRECIOUS METALS CORP WPM 962879102 $67.3M 0.83% 598,860 SH
46 AGNICO EAGLE MINES LIMITED AEM 008474108 $66.4M 0.82% 427,922 SH
47 METTLER-TOLEDO INTERNATIONAL I MTD 592688105 $64.3M 0.80% 50,294 SH
48 AMAZON.COM INC AMZN 023135106 $64.2M 0.79% 269,200 SH
49 WEATHERFORD INTERNATIONAL PLC WFRD G48833118 $55.6M 0.69% 682,100 SH
50 FISERV INC FISV 337738108 $49.2M 0.61% 1,002,755 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-16 $8.07B 119 0001908219-26-000005
2026-03-31 2026-04-22 $7.34B 119 0001908219-26-000004
2025-12-31 2026-01-14 $7.36B 110 0001908219-26-000003