Triasima Portfolio Management inc. — 13F Holdings & Portfolio
CIK 1938757 · latest 13F-HR filed 2026-07-21
Triasima Portfolio Management inc. manages $740.3M in 13F-reported U.S. long-equity assets across 127 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RY (7.13%), TD (5.02%), CM (3.79%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 19 new positions, exited 29, added to 71, and trimmed 32.
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.
SUITE 2520
MONTREAL H3A0A8
$740.3M
Long-equity book
127
Distinct positions
2026-06-30
Filed 2026-07-21
+19 / −29 / ↑71 / ↓32
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ROYAL BK CDA$12.0M +29.5%
- TORONTO DOMINION BK ONT$11.5M +44.8%
- BANK MONTREAL MEDIUM$8.2M +43.1%
- CANADIAN NATL RY CO$6.7M +108.3%
- ELI LILLY & CO$6.2M +106.3%
Top Trims
- SHOPIFY INC-$12.3M -67.0%
- KINROSS GOLD CORP-$7.0M -45.6%
- ALAMOS GOLD INC-$6.8M -97.0%
- PAN AMERN SILVER CORP-$5.2M -42.7%
- MCKESSON CORP-$4.8M -91.9%
New Positions
- ROYALTY PHARMA PLC$10.1M
- BORGWARNER INC$4.3M
- NOKIA CORP$3.5M
- CVS HEALTH CORP$3.4M
- RALPH LAUREN CORP$3.1M
Exited Positions
- GRANITE REAL ESTATE INVT TR$6.9M
- S&P GLOBAL INC$4.7M
- ALGONQUIN POWER & UTILITIES$3.8M
- ALBEMARLE CORP$3.6M
- MEDTRONIC PLC$2.9M
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 | ROYAL BK CDA | RY | 780087102 | $52.8M | 7.13% | 255,069 | SH |
| 2 | TORONTO DOMINION BK ONT | TD | 891160509 | $37.2M | 5.02% | 306,074 | SH |
| 3 | CANADIAN IMPERIAL BANK OF CO | CM | 136069101 | $28.0M | 3.79% | 243,652 | SH |
| 4 | BANK MONTREAL MEDIUM | BMO | 063671101 | $27.2M | 3.67% | 153,984 | SH |
| 5 | MILLICOM INTL CELLULAR S A | TIGO | L6388F110 | $18.6M | 2.51% | 204,624 | SH |
| 6 | ALPHABET INC | GOOGL | 02079K305 | $17.1M | 2.32% | 47,985 | SH |
| 7 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $16.0M | 2.16% | 33,457 | SH |
| 8 | FORTIS INC | FTS | 349553107 | $15.1M | 2.04% | 263,190 | SH |
| 9 | HUDBAY MINERALS INC | HBM | 443628102 | $13.3M | 1.80% | 563,547 | SH |
| 10 | CANADIAN NATL RY CO | CNI | 136375102 | $12.8M | 1.73% | 107,420 | SH |
| 11 | ELI LILLY & CO | LLY | 532457108 | $12.0M | 1.63% | 10,046 | SH |
| 12 | CELESTICA INC | CLS | 15101Q207 | $11.7M | 1.59% | 32,199 | SH |
| 13 | TJX COS INC NEW | TJX | 872540109 | $11.3M | 1.52% | 74,259 | SH |
| 14 | BANK NOVA SCOTIA B C | BNS | 064149107 | $11.2M | 1.51% | 128,680 | SH |
| 15 | WELLTOWER INC | WELL | 95040Q104 | $11.0M | 1.48% | 48,359 | SH |
| 16 | LAM RESEARCH CORP | LRCX | 512807306 | $11.0M | 1.48% | 25,293 | SH |
| 17 | APPLE INC | AAPL | 037833100 | $10.7M | 1.44% | 36,826 | SH |
| 18 | MICROSOFT CORP | MSFT | 594918104 | $10.6M | 1.43% | 28,430 | SH |
| 19 | TFI INTERNATIONAL INC | TFII | 87241L109 | $10.5M | 1.41% | 72,751 | SH |
| 20 | NVIDIA CORPORATION | NVDA | 67066G104 | $10.3M | 1.40% | 51,649 | SH |
| 21 | ROYALTY PHARMA PLC | RPRX | G7709Q104 | $10.1M | 1.37% | 180,710 | SH |
| 22 | GRUPO CIBEST SA | CIB | 40090E106 | $9.8M | 1.32% | 123,151 | SH |
| 23 | ENBRIDGE INC | ENB | 29250N105 | $9.6M | 1.30% | 177,163 | SH |
| 24 | SIMON PPTY GROUP INC NEW | SPG | 828806109 | $9.5M | 1.29% | 42,583 | SH |
| 25 | KLA CORP | KLAC | 482480100 | $9.4M | 1.28% | 31,300 | SH |
| 26 | INTERACTIVE BROKERS GROUP IN | IBKR | 45841N107 | $8.9M | 1.21% | 102,684 | SH |
| 27 | INTEL CORP | INTC | 458140100 | $8.6M | 1.17% | 61,940 | SH |
| 28 | CAMECO CORP | CCJ | 13321L108 | $8.6M | 1.16% | 84,052 | SH |
| 29 | BROADCOM INC | AVGO | 11135F101 | $8.5M | 1.15% | 22,617 | SH |
| 30 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $8.5M | 1.15% | 8,447 | SH |
| 31 | MAGNA INTL INC | MGA | 559222401 | $8.4M | 1.14% | 128,240 | SH |
| 32 | KINROSS GOLD CORP | KGC | 496902404 | $8.4M | 1.13% | 354,983 | SH |
| 33 | CENOVUS ENERGY INC | CVE | 15135U109 | $8.0M | 1.09% | 323,882 | SH |
| 34 | MDA SPACE LTD | MDA | 55293N109 | $8.0M | 1.08% | 192,919 | SH |
| 35 | COMFORT SYS USA INC | FIX | 199908104 | $7.7M | 1.04% | 3,869 | SH |
| 36 | UBS GROUP AG | UBS | H42097107 | $7.7M | 1.03% | 154,449 | SH |
| 37 | MANULIFE FINL CORP | MFC | 56501R106 | $7.5M | 1.01% | 184,858 | SH |
| 38 | GE VERNOVA INC | GEV | 36828A101 | $7.4M | 1.00% | 6,302 | SH |
| 39 | CISCO SYS INC | CSCO | 17275R102 | $7.2M | 0.97% | 61,389 | SH |
| 40 | FERROVIAL NV | FER | N3168P101 | $7.2M | 0.97% | 105,043 | SH |
| 41 | AERCAP HOLDINGS NV | AER | N00985106 | $7.1M | 0.95% | 48,416 | SH |
| 42 | NOVARTIS AG | NVS | 66987V109 | $7.0M | 0.95% | 44,755 | SH |
| 43 | PAN AMERN SILVER CORP | PAAS | 697900108 | $7.0M | 0.94% | 155,520 | SH |
| 44 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $6.6M | 0.89% | 166,100 | SH |
| 45 | CITIZENS FINL GROUP INC | CFG | 174610105 | $6.5M | 0.87% | 92,429 | SH |
| 46 | ENERFLEX LTD | EFXT | 29269R105 | $6.4M | 0.86% | 260,824 | SH |
| 47 | EZCORP INC | EZPW | 302301106 | $6.2M | 0.83% | 178,150 | SH |
| 48 | SHOPIFY INC | SHOP | 82509L107 | $6.1M | 0.82% | 52,977 | SH |
| 49 | QUANTA SVCS INC | PWR | 74762E102 | $6.0M | 0.81% | 8,358 | SH |
| 50 | C H ROBINSON WORLDWIDE IN | CHRW | 12541W209 | $5.9M | 0.80% | 31,305 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-21 | $740.3M | 127 | 0001938757-26-000008 |
| 2026-03-31 | 2026-04-24 | $661.5M | 137 | 0001938757-26-000005 |
| 2025-12-31 | 2026-02-02 | $667.7M | 143 | 0001938757-26-000002 |