Sagard Holdings Management Inc. — 13F Holdings & Portfolio
CIK 1941151 · latest 13F-HR filed 2025-11-14
Sagard Holdings Management Inc. manages $20.0M in 13F-reported U.S. long-equity assets across 107 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are IVV (33.22%), USMV (17.97%), EFA (13.08%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 1 new position and exited 7; 54 existing positions rose in reported value and 20 fell.
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.
Long-equity book
Distinct positions
Filed 2025-11-14
vs 2025-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 25Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 25 → Q3 25Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
2 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 81.8%Cumulative share of the portfolio held in the largest N positions.
| Name | Title / Status | Ownership | Type |
|---|
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- ISHARES TR$479.7K +7.8%
- Royal Bank of Canada$42.6K +11.8%
- Alphabet Inc.$37.4K +37.9%
- Apple Inc.$29.1K +24.1%
- Toronto Dominion Bank$28.0K +8.6%
Top Trims
- Harbor ETF Trust-$2.9M -81.1%
- Sun Life Financial Inc.-$21.0K -9.8%
- Canadian Pacific Kansas City-$6.8K -6.3%
- Waste Connections Inc.-$6.7K -6.0%
- S&P Global Inc.-$4.6K -7.7%
Exited Positions
- VANGUARD BD INDEX FDS$3.5M
- VANGUARD SCOTTSDALE FUNDS$3.4M
- SPDR SERIES TRUST$3.4M
- SPDR SERIES TRUST$3.4M
- FirstService Corporation$72.6K
Sagard Holdings Management Inc. Holdings (2025-09-30)
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 | ISHARES TR | IVV | 464287200 | $6.6M | 33.22% | 9,911 | SH |
| 2 | ISHARES TR | USMV | 46429B697 | $3.6M | 17.97% | 37,714 | SH |
| 3 | ISHARES TR | EFA | 464287465 | $2.6M | 13.08% | 27,979 | SH |
| 4 | Nutrien Limited | NTR | 67077M108 | $1.5M | 7.62% | 25,930 | SH |
| 5 | Harbor ETF Trust | HGER | 41151J505 | $677.0K | 3.39% | 26,242 | SH |
| 6 | Royal Bank of Canada | RY | 780087102 | $405.3K | 2.03% | 2,752 | SH |
| 7 | Toronto Dominion Bank | TD | 891160509 | $352.3K | 1.76% | 4,409 | SH |
| 8 | Sun Life Financial Inc. | SLF | 866796105 | $193.3K | 0.97% | 3,221 | SH |
| 9 | Brookfield Corp | BN | 11271J107 | $191.8K | 0.96% | 2,797 | SH |
| 10 | Microsoft Corporation | MSFT | 594918104 | $163.2K | 0.82% | 315 | SH |
| 11 | Enbridge Inc. | ENB | 29250N105 | $156.3K | 0.78% | 3,101 | SH |
| 12 | Apple Inc. | AAPL | 037833100 | $149.7K | 0.75% | 588 | SH |
| 13 | Alphabet Inc. | GOOGL | 02079K305 | $136.1K | 0.68% | 560 | SH |
| 14 | Suncor Energy Inc. | SU | 867224107 | $125.6K | 0.63% | 3,004 | SH |
| 15 | NVIDIA Corporation | NVDA | 67066G104 | $119.4K | 0.60% | 640 | SH |
| 16 | BCE Inc. | BCE | 05534B760 | $113.6K | 0.57% | 4,866 | SH |
| 17 | Citigroup Inc. | C | 172967424 | $111.7K | 0.56% | 1,100 | SH |
| 18 | Meta Platforms Inc. | META | 30303M102 | $105.8K | 0.53% | 144 | SH |
| 19 | Waste Connections Inc. | WCN | 94106B101 | $105.2K | 0.53% | 599 | SH |
| 20 | Canadian Pacific Kansas City | CP | 13646K108 | $100.8K | 0.50% | 1,355 | SH |
| 21 | Manulife Financial Corp. | MFC | 56501R106 | $95.9K | 0.48% | 3,081 | SH |
| 22 | TELUS Corporation | TU | 87971M103 | $95.1K | 0.48% | 6,044 | SH |
| 23 | Broadcom Inc. | AVGO | 11135F101 | $92.4K | 0.46% | 280 | SH |
| 24 | ISHARES TR | EFAV | 46429B689 | $89.1K | 0.45% | 1,050 | SH |
| 25 | Colliers International Group Inc. | CIGI | 194693107 | $86.7K | 0.43% | 555 | SH |
| 26 | Berkshire Hathaway Inc. | BRK.B | 084670702 | $85.5K | 0.43% | 170 | SH |
| 27 | FirstService Corporation | FSV | 33767E202 | $79.2K | 0.40% | 416 | SH |
| 28 | Amazon.Com Inc. | AMZN | 023135106 | $79.0K | 0.40% | 360 | SH |
| 29 | Exxon Mobil Corporation | XOM | 30231G102 | $71.1K | 0.36% | 631 | SH |
| 30 | JP Morgan Chase & Company | JPM | 46625H100 | $70.0K | 0.35% | 222 | SH |
| 31 | Canadian Natural Resources Ltd. | CNQ | 136385101 | $62.5K | 0.31% | 1,956 | SH |
| 32 | O'Reilly Automotive Inc. | ORLY | 67103H107 | $56.6K | 0.28% | 525 | SH |
| 33 | S&P Global Inc. | SPGI | 78409V104 | $55.5K | 0.28% | 114 | SH |
| 34 | B2Gold Corporation | BTG | 11777Q209 | $52.8K | 0.26% | 10,680 | SH |
| 35 | The TJX Companies Inc. | TJX | 872540109 | $52.3K | 0.26% | 362 | SH |
| 36 | BRP Inc. | DOO | 05577W200 | $51.3K | 0.26% | 845 | SH |
| 37 | TC Energy Corporation | TRP | 87807B107 | $51.2K | 0.26% | 942 | SH |
| 38 | Aon PLC | AON | G0403H108 | $50.6K | 0.25% | 142 | SH |
| 39 | Parker-Hannifin Corporation | PH | 701094104 | $50.0K | 0.25% | 66 | SH |
| 40 | Bank of America Corp. | BAC | 060505104 | $46.3K | 0.23% | 897 | SH |
| 41 | Brookfield Asset Management Inc. | BAM | 113004105 | $40.0K | 0.20% | 703 | SH |
| 42 | Open Text Corporation | OTEX | 683715106 | $37.9K | 0.19% | 1,015 | SH |
| 43 | Pfizer Inc. | PFE | 717081103 | $37.5K | 0.19% | 1,472 | SH |
| 44 | Mastercard Incorporated | MA | 57636Q104 | $37.0K | 0.19% | 65 | SH |
| 45 | ISHARES TR | ACWI | 464288257 | $34.6K | 0.17% | 250 | SH |
| 46 | Union Pacific Corporation | UNP | 907818108 | $34.3K | 0.17% | 145 | SH |
| 47 | UnitedHealth Group Inc. | UNH | 91324P102 | $32.5K | 0.16% | 94 | SH |
| 48 | Home Depot Inc | HD | 437076102 | $32.4K | 0.16% | 80 | SH |
| 49 | Visa Inc. | V | 92826C839 | $29.7K | 0.15% | 87 | SH |
| 50 | Hilton Worldwide Holdings Inc. | HLT | 43300A203 | $29.6K | 0.15% | 114 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-11-14 | $20.0M | 107 | 0001193125-25-281580 |
| 2025-06-30 | 2025-08-14 | $35.7M | 113 | 0000950123-25-007990 |