# Canoe Financial LP: Form 13F holdings

An institutional investment manager in CALGARY. SEC CIK 1908219.

- Quarter ended: 2026-06-30
- Filed: 2026-07-16
- Reported value: $8.07bn
- Positions: 110 (119 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1908219/000190821926000005/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [CANADIAN NATIONAL RAILWAY CO (CNI)](/companies/cni.md) | Common Stock | $406.3m | 5.0% | 3,407,690 |  | Reduced −18,776 |
| [SCHLUMBERGER LTD (SLB)](/companies/slb.md) | Common Stock | $358.9m | 4.4% | 7,730,966 |  | Added +3,489,344 |
| [TAIWAN SEMICONDUCTOR MANUFACTU (TSM)](/companies/tsm.md) | ADR | $344.1m | 4.3% | 720,570 |  | Reduced −144,200 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | Common Stock | $257.7m | 3.2% | 721,114 |  | Reduced −135,800 |
| [RESTAURANT BRANDS INTL INC (QSR)](/companies/qsr.md) | Common Stock | $243.1m | 3.0% | 3,354,908 |  | Added +6,865 |
| [VISA INC COM CL A (V)](/companies/v.md) | Common Stock | $227.6m | 2.8% | 663,320 |  | Reduced −18,677 |
| [CVS HEALTH CORP (CVS)](/companies/cvs.md) | Common Stock | $227.0m | 2.8% | 2,193,833 |  | Added +23,872 |
| [OTIS WORLDWIDE CORP (OTIS)](/companies/otis.md) | Common Stock | $218.0m | 2.7% | 3,044,476 |  | Added +594,140 |
| [EQT CORP (EQT)](/companies/eqt.md) | Common Stock | $215.4m | 2.7% | 4,020,858 |  | Added +1,030,676 |
| [HALLIBURTON CO (HAL)](/companies/hal.md) | Common Stock | $196.6m | 2.4% | 5,789,518 |  | Added +1,723,741 |
| [CANADIAN PACIFIC KANSAS CITY LTD (CP)](/companies/cp.md) | Common Stock | $192.9m | 2.4% | 2,226,842 |  | Added +194,364 |
| [PHILIP MORRIS INTERNATIONAL IN (PM)](/companies/pm.md) | Common Stock | $183.8m | 2.3% | 1,016,158 |  | Added +27,950 |
| [JOHNSON & JOHNSON (JNJ)](/companies/jnj.md) | Common Stock | $181.9m | 2.3% | 716,237 |  | Added +1,219 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | Common Stock | $173.8m | 2.2% | 465,891 |  | Reduced −47,440 |
| [ROSS STORES INC (ROST)](/companies/rost.md) | Common Stock | $170.4m | 2.1% | 800,488 |  | Added +6,577 |
| [MOODY'S CORP (MCO)](/companies/mco.md) | Common Stock | $169.0m | 2.1% | 373,122 |  | Reduced −18,760 |
| [RB GLOBAL INC (RBA)](/companies/rba.md) | Common Stock | $162.9m | 2.0% | 1,400,855 |  | Added +34,545 |
| [CORTEVA INC (CTVA)](/companies/ctva.md) | Common Stock | $158.1m | 2.0% | 1,867,231 |  | Added +582,038 |
| INTERCONTINENTAL HOTELS GROUP PLC | Common Stock | $155.5m | 1.9% | 902,654 |  | Reduced −165,951 |
| [THERMO FISHER SCIENTIFIC INC (TMO)](/companies/tmo.md) | Common Stock | $155.4m | 1.9% | 309,994 |  | Added +148,999 |
| [DEERE & CO (DE)](/companies/de.md) | Common Stock | $152.2m | 1.9% | 239,931 |  | Added +61,314 |
| [MASTERCARD INC (MA)](/companies/ma.md) | Common Stock | $151.5m | 1.9% | 295,001 |  | Reduced −7,780 |
| [TEXAS INSTRUMENTS INC (TXN)](/companies/txn.md) | Common Stock | $148.7m | 1.8% | 498,756 |  | Added +3,870 |
| [ROYAL BANK OF CANADA (RY)](/companies/ry.md) | Common Stock | $144.6m | 1.8% | 698,838 |  | Added +5,267 |
| [ELEVANCE HEALTH INC (ELV)](/companies/elv.md) | Common Stock | $140.6m | 1.7% | 363,504 |  | Reduced −3,783 |
| [ANALOG DEVICES INC (ADI)](/companies/adi.md) | Common Stock | $140.3m | 1.7% | 353,188 |  | Added +3,703 |
| [NUTRIEN LTD (NTR)](/companies/ntr.md) | Common Stock | $134.2m | 1.7% | 2,132,438 |  | Added +812,491 |
| [LOCKHEED MARTIN CORP (LMT)](/companies/lmt.md) | Common Stock | $133.0m | 1.6% | 261,015 |  | Added +2,939 |
| [AUTOZONE INC (AZO)](/companies/azo.md) | Common Stock | $131.3m | 1.6% | 41,081 |  | Reduced −3,380 |
| [WELLS FARGO & CO (WFC)](/companies/wfc.md) | Common Stock | $129.6m | 1.6% | 1,567,786 |  | Added +196,905 |
| [RANGE RESOURCES CORP (RRC)](/companies/rrc.md) | Common Stock | $123.3m | 1.5% | 3,313,891 |  | Added +1,023,582 |
| [M&T BANK CORP (MTB)](/companies/mtb.md) | Common Stock | $119.1m | 1.5% | 500,469 |  | Added +7,165 |
| [ENERFLEX LTD (EFXT)](/companies/efxt.md) | Common Stock | $115.4m | 1.4% | 4,701,871 |  | Added +72,312 |
| [CME GROUP INC (CME)](/companies/cme.md) | Common Stock | $108.3m | 1.3% | 490,242 |  | Reduced −6,160 |
| [DANAHER CORP (DHR)](/companies/dhr.md) | Common Stock | $106.3m | 1.3% | 558,214 |  | New +558,214 |
| [EMERSON ELECTRIC CO (EMR)](/companies/emr.md) | Common Stock | $104.0m | 1.3% | 726,462 |  | Added +481,037 |
| [SHERWIN-WILLIAMS CO/THE (SHW)](/companies/shw.md) | Common Stock | $101.5m | 1.3% | 294,897 |  | Reduced −24,520 |
| [TECK RESOURCES LTD (TECK)](/companies/teck.md) | Common Stock | $100.8m | 1.2% | 1,693,501 |  | Added +12,760 |
| [INTERCONTINENTAL EXCHANGE INC (ICE)](/companies/ice.md) | Common Stock | $100.7m | 1.2% | 817,651 |  | Added +356,171 |
| [MSCI INC (MSCI)](/companies/msci.md) | Common Stock | $100.6m | 1.2% | 179,551 |  | Reduced −5,200 |
| [TJX COS INC/THE (TJX)](/companies/tjx.md) | Common Stock | $100.2m | 1.2% | 661,117 |  | Reduced −57,400 |
| [CENOVUS ENERGY INC (CVE)](/companies/cve.md) | Common Stock | $98.1m | 1.2% | 3,959,392 |  | Reduced −251,789 |
| [CANADIAN NATURAL RESOURCES LTD (CNQ)](/companies/cnq.md) | Common Stock | $96.4m | 1.2% | 2,437,345 |  | Reduced −996,162 |
| [CARRIER GLOBAL CORP (CARR)](/companies/carr.md) | Common Stock | $73.2m | 0.9% | 998,100 |  | Reduced −82,050 |
| [WHEATON PRECIOUS METALS CORP (WPM)](/companies/wpm.md) | Common Stock | $67.3m | 0.8% | 598,860 |  | Added +143,159 |
| [AGNICO EAGLE MINES LIMITED (AEM)](/companies/aem.md) | Common Stock | $66.4m | 0.8% | 427,922 |  | Added +71,092 |
| [METTLER-TOLEDO INTERNATIONAL I (MTD)](/companies/mtd.md) | Common Stock | $64.3m | 0.8% | 50,294 |  | Reduced −1,530 |
| [AMAZON.COM INC (AMZN)](/companies/amzn.md) | Common Stock | $64.2m | 0.8% | 269,200 |  | Added +178,400 |
| WEATHERFORD INTERNATIONAL PLC | Common Stock | $55.6m | 0.7% | 682,100 |  | Added +152,900 |
| [FISERV INC (FISV)](/companies/fisv.md) | Common Stock | $49.3m | 0.6% | 1,003,360 |  | Added +527,910 |
| TRANSOCEAN LTD | Common Stock | $42.5m | 0.5% | 8,682,600 |  | Added +5,111,200 |
| [NORTHROP GRUMMAN CORP (NOC)](/companies/noc.md) | Common Stock | $27.5m | 0.3% | 53,939 |  | Added +586 |
| [HELMERICH & PAYNE INC (HP)](/companies/hp.md) | Common Stock | $26.9m | 0.3% | 821,162 |  | Reduced −98,338 |
| [Expand Energy Corp (EXE)](/companies/exe.md) | Common Stock | $25.2m | 0.3% | 254,892 |  | Reduced −838,544 |
| [KLA CORP (KLAC)](/companies/klac.md) | Common Stock | $22.0m | 0.3% | 73,000 |  | Added +68,480 |
| [UNITEDHEALTH GROUP INC (UNH)](/companies/unh.md) | Common Stock | $21.1m | 0.3% | 50,838 |  | Added +5,399 |
| [S&P GLOBAL INC (SPGI)](/companies/spgi.md) | Common Stock | $19.6m | 0.2% | 48,139 |  | Reduced −4,437 |
| [BOYD GROUP SERVICES INC (BGSI)](/companies/bgsi.md) | Common Stock | $18.0m | 0.2% | 190,754 |  | Reduced −59,376 |
| AON PLC | Common Stock | $15.2m | 0.2% | 45,829 |  | Reduced −9,360 |
| [TIDEWATER INC (TDW)](/companies/tdw.md) | Common Stock | $14.0m | 0.2% | 210,456 |  | Reduced −64,344 |
| SAP SE | Common Stock | $12.8m | 0.2% | 83,330 |  | Reduced −28,100 |
| [LOWE'S COS INC (LOW)](/companies/low.md) | Common Stock | $12.6m | 0.2% | 57,044 |  | Added +12,760 |
| LINDE PLC | Common Stock | $12.4m | 0.2% | 23,838 |  | Reduced −2,200 |
| ALCON INC | Common Stock | $12.0m | 0.1% | 177,528 |  | Reduced −54,700 |
| [HILTON WORLDWIDE HOLDINGS INC (HLT)](/companies/hlt.md) | Common Stock | $10.7m | 0.1% | 32,247 |  | Reduced −5,080 |
| DIAGEO PLC | Common Stock | $9.1m | 0.1% | 452,530 |  | Reduced −180,300 |
| [RALLIANT CORP (RAL)](/companies/ral.md) | Common Stock | $9.0m | 0.1% | 122,728 |  | Added +4,106 |
| UNILEVER PLC | Common Stock | $8.8m | 0.1% | 146,048 |  | Reduced −88,500 |
| [TRANSALTA CORP (TAC)](/companies/tac.md) | Common Stock | $7.6m | <0.1% | 550,000 |  | New +550,000 |
| [PUBLIC POLICY HOLDING CO INC (PPHC)](/companies/pphc.md) | Common Stock | $7.5m | <0.1% | 1,017,732 |  | Reduced −1,386 |
| VOLUTION GROUP PLC | Common Stock | $7.4m | <0.1% | 907,233 |  | Reduced −17,120 |
| [PEPSICO INC (PEP)](/companies/pep.md) | Common Stock | $7.2m | <0.1% | 53,440 |  | Reduced −12,000 |
| [COLGATE-PALMOLIVE CO (CL)](/companies/cl.md) | Common Stock | $6.7m | <0.1% | 73,246 |  | Reduced −6,000 |
| [HDFC BANK LTD (HDB)](/companies/hdb.md) | ADR | $6.4m | <0.1% | 248,680 |  | Reduced −94,400 |
| [GRACO INC (GGG)](/companies/ggg.md) | Common Stock | $5.9m | <0.1% | 77,471 |  | Reduced −364,303 |
| [COPART INC (CPRT)](/companies/cprt.md) | Common Stock | $5.6m | <0.1% | 197,427 |  | Reduced −43,400 |
| VANECK JUNIOR GOLD MINERS | ETP | $5.6m | <0.1% | 56,520 |  | Reduced −1,026 |
| [SS SPDR S&P 500 ETF TRUST-US (SPY)](/companies/spy.md) | OPTIONS | $5.5m | <0.1% | 14,315 |  | Added +7,760 |
| [SALESFORCE INC (CRM)](/companies/crm.md) | Common Stock | $5.1m | <0.1% | 32,500 |  | Unchanged |
| [VERISIGN INC (VRSN)](/companies/vrsn.md) | Common Stock | $5.0m | <0.1% | 20,019 |  | Added +694 |
| [CGI INC (GIB)](/companies/gib.md) | Common Stock | $4.2m | <0.1% | 65,000 |  | Unchanged |
| [ABBOTT LABORATORIES (ABT)](/companies/abt.md) | Common Stock | $3.6m | <0.1% | 40,000 |  | Unchanged |
| [FIRSTSERVICE CORP (FSV)](/companies/fsv.md) | Common Stock | $3.4m | <0.1% | 24,132 |  | Reduced −827 |
| [DESCARTES SYS GROUP INC (DSGX)](/companies/dsgx.md) | Common Stock | $3.4m | <0.1% | 48,632 |  | Reduced −16,334 |
| [ALAMOS GOLD INC NEW (AGI)](/companies/agi.md) | Common Stock | $3.4m | <0.1% | 110,826 |  | Reduced −4,958 |
| [EQUIFAX INC (EFX)](/companies/efx.md) | Common Stock | $3.3m | <0.1% | 17,812 |  | Unchanged |
| BANK OF NT BUTTERFIELD & SON L | Common Stock | $3.1m | <0.1% | 51,860 |  | Reduced −7,106 |
| ISHARES MSCI EAFE ETF | OPTIONS | $3.0m | <0.1% | 26,620 |  | New +26,620 |
| [ROPER TECHNOLOGIES INC (ROP)](/companies/rop.md) | Common Stock | $3.0m | <0.1% | 8,891 |  | Reduced −826 |
| [MARRIOTT INTERNATIONAL INC/MD (MAR)](/companies/mar.md) | Common Stock | $3.0m | <0.1% | 7,993 |  | Reduced −93,599 |
| [KINROSS GOLD CORP (KGC)](/companies/kgc.md) | Common Stock | $2.8m | <0.1% | 116,586 |  | Reduced −21,600 |
| WILLIS TOWERS WATSON PLC | Common Stock | $2.7m | <0.1% | 10,225 |  | Reduced −3,891 |
| [OR ROYALTIES INC (OR)](/companies/or.md) | Common Stock | $2.5m | <0.1% | 79,732 |  | Added +27,160 |
| [STANTEC INC (STN)](/companies/stn.md) | Common Stock | $2.4m | <0.1% | 34,796 |  | Reduced −28,360 |
| [ATS CORP (ATS)](/companies/ats.md) | Common Stock | $2.4m | <0.1% | 83,024 |  | Reduced −4,406 |
| [AMERICAN EXPRESS CO (AXP)](/companies/axp.md) | Common Stock | $2.1m | <0.1% | 6,282 |  | Reduced −10,218 |
| [WASTE CONNECTIONS INC (WCN)](/companies/wcn.md) | Common Stock | $2.0m | <0.1% | 12,000 |  | Unchanged |
| [CIGNA CORP (CI)](/companies/ci.md) | Common Stock | $1.6m | <0.1% | 5,826 |  | Reduced −629 |
| [SYNCHRONY FINANCIAL (SYF)](/companies/syf.md) | Common Stock | $1.6m | <0.1% | 21,094 |  | Unchanged |
| [SUNBELT RENTALS HOLDINGS INC (SUNB)](/companies/sunb.md) | Common Stock | $1.3m | <0.1% | 17,178 |  | Reduced −1,110,004 |
| [TORONTO DOMINION BANK (TD)](/companies/td.md) | Common Stock | $1.2m | <0.1% | 9,944 |  | Reduced −803 |
| STATE STREET SPDR EURO STOXX | OPTIONS | $1.1m | <0.1% | 20,800 |  | New +20,800 |
| [SLM CORP (SLM)](/companies/slm.md) | Common Stock | $889.0k | <0.1% | 34,270 |  | New +34,270 |
| ALLEGION PLC | Common Stock | $618.7k | <0.1% | 4,404 |  | Added +807 |
| [ZOETIS INC (ZTS)](/companies/zts.md) | Common Stock | $548.3k | <0.1% | 7,630 |  | Reduced −3,733 |
| [COLLIERS INTL GROUP INC (CIGI)](/companies/cigi.md) | Common Stock | $500.6k | <0.1% | 5,340 |  | Reduced −8,187 |
| [FORTIS INC (FTS)](/companies/fts.md) | Common Stock | $366.4k | <0.1% | 6,402 |  | Reduced −517 |
| [SUN LIFE FINANCIAL INC (SLF)](/companies/slf.md) | Common Stock | $359.2k | <0.1% | 4,579 |  | Reduced −367 |
| ISHARES EXPANDED TECH-SOFTWA | OPTIONS | $285.0k | <0.1% | 750 |  | Unchanged |
| [BANK OF MONTREAL (BMO)](/companies/bmo.md) | Common Stock | $235.9k | <0.1% | 1,336 |  | Reduced −106 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ADOBE INC (ADBE)](/companies/adbe.md) | Common Stock | $0 | 0.0% | 0 |  | Sold out −8,000 |
| [Brookfield Asset Management Ltd (BAM)](/companies/bam.md) | Common Stock | $0 | 0.0% | 0 |  | Sold out −162,000 |
| [CAPITAL ONE FINANCIAL CORP (COF)](/companies/cof.md) | Common Stock | $0 | 0.0% | 0 |  | Sold out −3,727 |
| [FACTSET RESEARCH SYSTEMS INC (FDS)](/companies/fds.md) | Common Stock | $0 | 0.0% | 0 |  | Sold out −19,915 |
| [GRANITE REAL ESTATE INVESTMENT TRUST (GRTUF)](/companies/grtuf.md) | REIT | $0 | 0.0% | 0 |  | Sold out −60,729 |
| MEDTRONIC PLC | Common Stock | $0 | 0.0% | 0 |  | Sold out −743,236 |
| [NIKE INC (NKE)](/companies/nke.md) | Common Stock | $0 | 0.0% | 0 |  | Sold out −91,920 |

Source: SEC EDGAR, Form 13F-HR, accession 0001908219-26-000005. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.