13F HOLDINGS REPORT

SIG North Trading, ULC

Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001868643-25-000007

Total Value

$5.11B

Positions

266

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (266)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	BANK MONTREAL QUE	063671101	2,118,700	$276.0M	5.40%
2	ROGERS COMMUNICATIONS INC	RCIAF	7,548,500	$260.2M	5.09%
3	ROYAL BK CDA	780087102	1,299,500	$191.4M	3.74%
4	TC ENERGY CORP	TRPRF	3,341,000	$181.8M	3.55%
5	ROYAL BK CDA	780087102	1,231,000	$181.4M	3.55%
6	TELUS CORPORATION	TU	11,241,600	$177.3M	3.47%
7	BANK NOVA SCOTIA HALIFAX	064149107	2,705,100	$174.9M	3.42%
8	CANADIAN IMPERIAL BANK OF CO	CNDIF	2,148,300	$171.6M	3.36%
9	BCE INC	BCPPF	6,728,200	$157.4M	3.08%
10	ENBRIDGE INC	ENNPF	2,929,200	$147.8M	2.89%
11	CANADIAN IMPERIAL BANK OF CO	CNDIF	1,797,900	$143.6M	2.81%
12	SUNCOR ENERGY INC NEW	SU	3,378,700	$141.3M	2.76%
13	CANADIAN NAT RES LTD	136385101	4,409,700	$140.9M	2.76%
14	TORONTO DOMINION BK ONT	TORO	1,736,000	$138.8M	2.71%
15	BANK NOVA SCOTIA HALIFAX	064149107	1,917,900	$124.0M	2.42%
16	BANK NOVA SCOTIA HALIFAX	064149107	1,716,022	$110.9M	2.17%
17	ROGERS COMMUNICATIONS INC	RCIAF	2,833,868	$97.7M	1.91%
18	BCE INC	BCPPF	4,153,800	$97.2M	1.90%
19	SUN LIFE FINANCIAL INC.	SUNFF	1,603,900	$96.3M	1.88%
20	PEMBINA PIPELINE CORP	PPLOF	2,347,100	$95.0M	1.86%
21	ENBRIDGE INC	ENNPF	1,666,200	$84.1M	1.64%
22	TELUS CORPORATION	TU	5,169,300	$81.5M	1.59%
23	BROOKFIELD CORP	11271J107	1,138,100	$78.1M	1.53%
24	BANK MONTREAL QUE	063671101	560,000	$72.9M	1.43%
25	MANULIFE FINL CORP	56501R106	2,332,700	$72.7M	1.42%
26	CAMECO CORP	CCJ	832,500	$69.8M	1.37%
27	TORONTO DOMINION BK ONT	TORO	868,400	$69.4M	1.36%
28	ROGERS COMMUNICATIONS INC	RCIAF	1,923,900	$66.3M	1.30%
29	CANADIAN NAT RES LTD	136385101	1,631,300	$52.1M	1.02%
30	TELUS CORPORATION	TU	3,248,482	$51.2M	1.00%
31	CANADIAN NAT RES LTD	136385101	1,331,735	$42.6M	0.83%
32	AGNICO EAGLE MINES LTD	AEM	240,900	$40.6M	0.79%
33	AGNICO EAGLE MINES LTD	AEM	230,200	$38.8M	0.76%
34	CENOVUS ENERGY INC	CVE	2,166,300	$36.8M	0.72%
35	SUN LIFE FINANCIAL INC.	SUNFF	582,800	$35.0M	0.68%
36	BARRICK MNG CORP	06849F108	922,900	$30.2M	0.59%
37	BCE INC	BCPPF	1,268,850	$29.7M	0.58%
38	ENBRIDGE INC	ENNPF	570,529	$28.8M	0.56%
39	TORONTO DOMINION BK ONT	TORO	358,488	$28.7M	0.56%
40	SUN LIFE FINANCIAL INC.	SUNFF	476,312	$28.6M	0.56%
41	CANADIAN NATL RY CO	136375102	294,500	$27.8M	0.54%
42	PEMBINA PIPELINE CORP	PPLOF	675,369	$27.3M	0.53%
43	BROOKFIELD INFRAST PARTNERS	G16252101	824,300	$27.1M	0.53%
44	PEMBINA PIPELINE CORP	PPLOF	642,400	$26.0M	0.51%
45	CELESTICA INC	CLS	95,200	$23.5M	0.46%
46	SHOPIFY INC	SHOP	157,500	$23.4M	0.46%
47	SUNCOR ENERGY INC NEW	SU	538,900	$22.5M	0.44%
48	NUTRIEN LTD	NTR	382,900	$22.5M	0.44%
49	TC ENERGY CORP	TRPRF	411,700	$22.4M	0.44%
50	CELESTICA INC	CLS	88,700	$21.9M	0.43%
51	MANULIFE FINL CORP	56501R106	673,298	$21.0M	0.41%
52	CAMECO CORP	CCJ	237,400	$19.9M	0.39%
53	FRANCO NEV CORP	FNV	84,800	$18.9M	0.37%
54	EQUINOX GOLD CORP	EQX	1,576,024	$17.7M	0.35%
55	TC ENERGY CORP	TRPRF	306,753	$16.7M	0.33%
56	CENOVUS ENERGY INC	CVE	961,300	$16.3M	0.32%
57	EMERA INC	EMRJF	314,500	$15.1M	0.29%
58	CANADIAN NATL RY CO	136375102	156,470	$14.8M	0.29%
59	CANADIAN PACIFIC KANSAS CITY	CP	195,100	$14.5M	0.28%
60	SUNCOR ENERGY INC NEW	SU	344,993	$14.4M	0.28%
61	TECK RESOURCES LTD	TCKRF	322,600	$14.2M	0.28%
62	MANULIFE FINL CORP	56501R106	450,300	$14.0M	0.27%
63	CENOVUS ENERGY INC	CVE	810,350	$13.8M	0.27%
64	SHOPIFY INC	SHOP	91,100	$13.5M	0.26%
65	EMERA INC	EMRJF	281,300	$13.5M	0.26%
66	FORTIS INC	FTRSF	257,600	$13.1M	0.26%
67	BROOKFIELD INFRAST PARTNERS	G16252101	380,900	$12.5M	0.24%
68	CANADIAN NATL RY CO	136375102	127,600	$12.0M	0.24%
69	GALAXY DIGITAL INC.	GLXY	352,300	$11.9M	0.23%
70	MAGNA INTL INC	559222401	243,200	$11.5M	0.23%
71	WHEATON PRECIOUS METALS CORP	WPM	102,000	$11.4M	0.22%
72	FRANCO NEV CORP	FNV	50,000	$11.1M	0.22%
73	NEWMONT CORP	NEMCL	117,464	$9.9M	0.19%
74	OPEN TEXT CORP	OTEX	255,600	$9.6M	0.19%
75	BROOKFIELD INFRAST PARTNERS	G16252101	265,442	$8.7M	0.17%
76	TECK RESOURCES LTD	TCKRF	194,200	$8.5M	0.17%
77	FORTIS INC	FTRSF	161,600	$8.2M	0.16%
78	KINROSS GOLD CORP	KGCRF	326,700	$8.1M	0.16%
79	HUT 8 CORP	HUT	229,600	$8.0M	0.16%
80	BARRICK MNG CORP	06849F108	242,500	$7.9M	0.16%
81	TRANSALTA CORP	TACPF	532,900	$7.3M	0.14%
82	BARRICK MNG CORP	06849F108	217,701	$7.1M	0.14%
83	PAN AMERN SILVER CORP	697900108	181,300	$7.0M	0.14%
84	BROOKFIELD ASSET MANAGMT LTD	113004105	122,200	$7.0M	0.14%
85	NUTRIEN LTD	NTR	117,800	$6.9M	0.14%
86	TFI INTL INC	87241L109	72,900	$6.4M	0.13%
87	BROOKFIELD CORP	11271J107	93,200	$6.4M	0.12%
88	NEWMONT CORP	NEMCL	72,300	$6.1M	0.12%
89	CANADIAN PACIFIC KANSAS CITY	CP	80,500	$6.0M	0.12%
90	KINROSS GOLD CORP	KGCRF	236,300	$5.9M	0.11%
91	IMPERIAL OIL LTD	IMO	63,705	$5.8M	0.11%
92	NUTRIEN LTD	NTR	96,184	$5.6M	0.11%
93	SOUTH BOW CORP	SOBO	199,600	$5.6M	0.11%
94	BRP INC	DOO	92,600	$5.6M	0.11%
95	FIRST MAJESTIC SILVER CORP	AG	425,639	$5.2M	0.10%
96	HUDBAY MINERALS INC	HBM	343,900	$5.2M	0.10%
97	PAN AMERN SILVER CORP	697900108	126,700	$4.9M	0.10%
98	WHEATON PRECIOUS METALS CORP	WPM	42,500	$4.8M	0.09%
99	PRECISION DRILLING CORP	PDS	81,500	$4.6M	0.09%
100	IMPERIAL OIL LTD	IMO	47,800	$4.3M	0.08%
101	IAMGOLD CORP	IAG	311,300	$4.0M	0.08%
102	NEWMONT CORP	NEMCL	47,200	$4.0M	0.08%
103	VERMILION ENERGY INC	VET	508,297	$4.0M	0.08%
104	VERMILION ENERGY INC	VET	499,100	$3.9M	0.08%
105	PRECISION DRILLING CORP	PDS	69,000	$3.9M	0.08%
106	HUT 8 CORP	HUT	110,500	$3.8M	0.08%
107	RESTAURANT BRANDS INTL INC	76131D103	59,000	$3.8M	0.07%
108	GALAXY DIGITAL INC.	GLXY	111,400	$3.8M	0.07%
109	RB GLOBAL INC	RBA	34,500	$3.7M	0.07%
110	BROOKFIELD ASSET MANAGMT LTD	113004105	65,500	$3.7M	0.07%
111	TRANSALTA CORP	TACPF	271,000	$3.7M	0.07%
112	NEXGEN ENERGY LTD	NXE	407,800	$3.6M	0.07%
113	B2GOLD CORP	BTG	733,500	$3.6M	0.07%
114	OVINTIV INC	OVV	88,900	$3.6M	0.07%
115	THOMSON REUTERS CORP	TMSOF	22,777	$3.5M	0.07%
116	NEXGEN ENERGY LTD	NXE	365,560	$3.3M	0.06%
117	ENERGY FUELS INC	UUUU	203,593	$3.1M	0.06%
118	PAN AMERN SILVER CORP	697900108	74,185	$2.9M	0.06%
119	THOMSON REUTERS CORP	TMSOF	18,300	$2.8M	0.06%
120	CENTERRA GOLD INC	CGAU	263,567	$2.8M	0.06%
121	IMPERIAL OIL LTD	IMO	31,000	$2.8M	0.06%
122	MAGNA INTL INC	559222401	58,400	$2.8M	0.05%
123	THOMSON REUTERS CORP	TMSOF	17,300	$2.7M	0.05%
124	ENERGY FUELS INC	UUUU	174,400	$2.7M	0.05%
125	BRP INC	DOO	43,600	$2.7M	0.05%
126	WASTE CONNECTIONS INC	WCN	14,230	$2.5M	0.05%
127	BLACKBERRY LTD	BB	505,000	$2.5M	0.05%
128	WASTE CONNECTIONS INC	WCN	13,700	$2.4M	0.05%
129	FIRST MAJESTIC SILVER CORP	AG	191,000	$2.3M	0.05%
130	TFI INTL INC	87241L109	26,200	$2.3M	0.05%
131	FIRST MAJESTIC SILVER CORP	AG	185,400	$2.3M	0.04%
132	WASTE CONNECTIONS INC	WCN	12,900	$2.3M	0.04%
133	ORLA MNG LTD NEW	68634K106	197,400	$2.1M	0.04%
134	GILDAN ACTIVEWEAR INC	GIL	36,404	$2.1M	0.04%
135	RESTAURANT BRANDS INTL INC	76131D103	32,700	$2.1M	0.04%
136	HUDBAY MINERALS INC	HBM	135,300	$2.1M	0.04%
137	BRP INC	DOO	32,602	$2.0M	0.04%
138	ELDORADO GOLD CORP NEW	284902509	68,388	$2.0M	0.04%
139	SSR MINING IN	SSRGF	77,200	$1.9M	0.04%
140	WEST FRASER TIMBER CO LTD	WFG	27,303	$1.9M	0.04%
141	B2GOLD CORP	BTG	365,287	$1.8M	0.04%
142	DESCARTES SYS GROUP INC	249906108	19,000	$1.8M	0.04%
143	EQUINOX GOLD CORP	EQX	157,800	$1.8M	0.03%
144	OVINTIV INC	OVV	41,763	$1.7M	0.03%
145	BROOKFIELD RENEWABLE PARTNER	G16258108	65,000	$1.7M	0.03%
146	SOUTH BOW CORP	SOBO	57,300	$1.6M	0.03%
147	CANADA GOOSE HLDGS INC	GOOS	115,600	$1.6M	0.03%
148	B2GOLD CORP	BTG	320,100	$1.6M	0.03%
149	TRANSALTA CORP	TACPF	115,523	$1.6M	0.03%
150	SEABRIDGE GOLD INC	SA	65,000	$1.6M	0.03%
151	ALAMOS GOLD INC NEW	AGI	43,685	$1.5M	0.03%
152	BAYTEX ENERGY CORP	BTE	643,152	$1.5M	0.03%
153	GILDAN ACTIVEWEAR INC	GIL	26,000	$1.5M	0.03%
154	TILRAY BRANDS INC	TLRY	856,800	$1.5M	0.03%
155	CGI INC	GIB	16,302	$1.5M	0.03%
156	ALAMOS GOLD INC NEW	AGI	41,600	$1.5M	0.03%
157	NEXGEN ENERGY LTD	NXE	161,400	$1.4M	0.03%
158	ROYAL BK CDA	780087102	9,586	$1.4M	0.03%
159	BROOKFIELD RENEWABLE PARTNER	G16258108	54,600	$1.4M	0.03%
160	COEUR MNG INC	192108504	73,597	$1.4M	0.03%
161	STANTEC INC	STN	12,800	$1.4M	0.03%
162	GRANITE REAL ESTATE INVT TR	387437205	24,700	$1.4M	0.03%
163	WEST FRASER TIMBER CO LTD	WFG	20,100	$1.4M	0.03%
164	EQUINOX GOLD CORP	EQX	121,600	$1.4M	0.03%
165	CGI INC	GIB	15,300	$1.4M	0.03%
166	METHANEX CORP	MEOH	33,200	$1.3M	0.03%
167	BLACKBERRY LTD	BB	257,738	$1.3M	0.02%
168	BAUSCH HEALTH COS INC	071734107	187,800	$1.2M	0.02%
169	CANADIAN PACIFIC KANSAS CITY	CP	15,814	$1.2M	0.02%
170	FORTUNA MNG CORP	349942102	130,400	$1.2M	0.02%
171	SILVERCORP METALS INC	SVM	181,500	$1.1M	0.02%
172	ELDORADO GOLD CORP NEW	284902509	39,100	$1.1M	0.02%
173	METHANEX CORP	MEOH	28,200	$1.1M	0.02%
174	OPEN TEXT CORP	OTEX	29,500	$1.1M	0.02%
175	PRIMO BRANDS CORPORATION	PRMB	49,257	$1.1M	0.02%
176	OVINTIV INC	OVV	26,700	$1.1M	0.02%
177	ALGONQUIN PWR UTILS CORP	015857105	200,600	$1.1M	0.02%
178	GRANITE REAL ESTATE INVT TR	387437205	19,200	$1.1M	0.02%
179	LIGHTSPEED COMMERCE INC	LSPD	92,000	$1.1M	0.02%
180	STANTEC INC	STN	9,600	$1.0M	0.02%
181	ENDEAVOUR SILVER CORP	EXK	129,665	$1.0M	0.02%
182	LITHIUM AMERS CORP NEW	LTUM	170,109	$971,322	0.02%
183	SEABRIDGE GOLD INC	SA	39,917	$963,996	0.02%
184	ALGONQUIN PWR UTILS CORP	015857105	177,400	$952,638	0.02%
185	BROOKFIELD RENEWABLE CORP	BEPC	27,500	$946,550	0.02%
186	ATS CORPORATION	ATS	36,000	$943,200	0.02%
187	AURORA CANNABIS INC	ACB	156,300	$931,548	0.02%
188	CGI INC	GIB	10,400	$926,952	0.02%
189	GFL ENVIRONMENTAL INC	GFL	19,500	$923,910	0.02%
190	CAE INC	CAE	30,900	$915,876	0.02%
191	GFL ENVIRONMENTAL INC	GFL	19,277	$913,344	0.02%
192	DESCARTES SYS GROUP INC	249906108	9,600	$904,608	0.02%
193	OR ROYALTIES INC.	OR	22,100	$885,768	0.02%
194	GFL ENVIRONMENTAL INC	GFL	18,300	$867,054	0.02%
195	CANOPY GROWTH CORP	CGC	563,540	$822,768	0.02%
196	FORTUNA MNG CORP	349942102	91,276	$817,833	0.02%
197	DESCARTES SYS GROUP INC	249906108	8,421	$793,511	0.02%
198	GALAXY DIGITAL INC.	GLXY	23,191	$784,088	0.02%
199	BAUSCH HEALTH COS INC	071734107	120,600	$777,870	0.02%
200	ERO COPPER CORP	ERO	37,900	$766,717	0.01%
201	ENDEAVOUR SILVER CORP	EXK	97,500	$764,400	0.01%
202	BROOKFIELD RENEWABLE CORP	BEPC	21,892	$753,523	0.01%
203	FORTUNA MNG CORP	349942102	83,800	$750,848	0.01%
204	SANDSTORM GOLD LTD	80013R206	58,600	$733,672	0.01%
205	ALGONQUIN PWR UTILS CORP	015857105	133,363	$716,159	0.01%
206	LIGHTSPEED COMMERCE INC	LSPD	59,100	$682,605	0.01%
207	CANOPY GROWTH CORP	CGC	461,890	$674,359	0.01%
208	VERMILION ENERGY INC	VET	85,200	$666,264	0.01%
209	ENERGY FUELS INC	UUUU	43,200	$663,120	0.01%
210	CELESTICA INC	CLS	2,654	$653,893	0.01%
211	SSR MINING IN	SSRGF	25,887	$632,161	0.01%
212	CENTERRA GOLD INC	CGAU	55,700	$597,661	0.01%
213	WEST FRASER TIMBER CO LTD	WFG	8,500	$577,830	0.01%
214	OR ROYALTIES INC.	OR	14,395	$576,952	0.01%
215	ALGOMA STL GROUP INC	015658107	156,800	$558,208	0.01%
216	LIGHTSPEED COMMERCE INC	LSPD	46,345	$535,285	0.01%
217	SANDSTORM GOLD LTD	80013R206	42,129	$527,455	0.01%
218	CANOPY GROWTH CORP	CGC	354,052	$516,916	0.01%
219	BAYTEX ENERGY CORP	BTE	215,800	$504,972	0.01%
220	ALGOMA STL GROUP INC	015658107	141,917	$504,515	0.01%
221	LITHIUM AMERS CORP NEW	LTUM	88,200	$503,622	0.01%
222	GILDAN ACTIVEWEAR INC	GIL	8,400	$485,520	0.01%
223	ORLA MNG LTD NEW	68634K106	43,400	$468,720	0.01%
224	AURORA CANNABIS INC	ACB	77,634	$462,699	0.01%
225	ALGOMA STL GROUP INC	015658107	127,600	$454,256	0.01%
226	SANDSTORM GOLD LTD	80013R206	35,700	$446,964	0.01%
227	SILVERCORP METALS INC	SVM	66,939	$423,054	0.01%
228	STANTEC INC	STN	3,897	$420,097	0.01%
229	KINROSS GOLD CORP	KGCRF	16,676	$414,399	0.01%
230	BROOKFIELD ASSET MANAGMT LTD	113004105	7,223	$411,278	0.01%
231	BALLARD PWR SYS INC NEW	BALL	150,800	$410,176	0.01%
232	RESTAURANT BRANDS INTL INC	76131D103	6,155	$394,782	0.01%
233	CAE INC	CAE	13,000	$385,320	0.01%
234	SUNOPTA INC	STKL	64,922	$380,443	0.01%
235	ALAMOS GOLD INC NEW	AGI	10,800	$376,488	0.01%
236	LITHIUM AMERS CORP NEW	LTUM	65,000	$371,150	0.01%
237	TILRAY BRANDS INC	TLRY	211,176	$365,334	0.01%
238	BAYTEX ENERGY CORP	BTE	153,100	$358,254	0.01%
239	TFI INTL INC	87241L109	4,066	$358,052	0.01%
240	ERO COPPER CORP	ERO	16,900	$341,887	0.01%
241	BLACKBERRY LTD	BB	69,600	$339,648	0.01%
242	BROOKFIELD RENEWABLE PARTNER	G16258108	13,027	$335,966	0.01%
243	BROOKFIELD RENEWABLE CORP	BEPC	9,400	$323,548	0.01%
244	BITFARMS LTD	BITF	113,700	$320,634	0.01%
245	OBSIDIAN ENERGY LTD	OBE	47,991	$313,861	0.01%
246	SILVERCORP METALS INC	SVM	48,100	$303,992	0.01%
247	AURORA CANNABIS INC	ACB	50,700	$302,172	0.01%
248	CRONOS GROUP INC	CRON	103,700	$288,286	0.01%
249	SEABRIDGE GOLD INC	SA	11,800	$284,970	0.01%
250	ENDEAVOUR SILVER CORP	EXK	36,300	$284,592	0.01%
251	NOVAGOLD RES INC	66987E206	29,500	$259,600	0.01%
252	ORLA MNG LTD NEW	68634K106	23,394	$252,655	0.00%
253	CRONOS GROUP INC	CRON	85,968	$238,991	0.00%
254	IAMGOLD CORP	IAG	18,394	$237,834	0.00%
255	ELDORADO GOLD CORP NEW	284902509	7,200	$208,008	0.00%
256	TILRAY BRANDS INC	TLRY	114,400	$197,912	0.00%
257	IAMGOLD CORP	IAG	13,800	$178,434	0.00%
258	BAUSCH HEALTH COS INC	071734107	27,482	$177,259	0.00%
259	BALLARD PWR SYS INC NEW	BALL	59,627	$162,185	0.00%
260	BALLARD PWR SYS INC NEW	BALL	59,100	$160,752	0.00%
261	CANADA GOOSE HLDGS INC	GOOS	11,400	$157,206	0.00%
262	NOVAGOLD RES INC	66987E206	17,300	$152,240	0.00%
263	NOVAGOLD RES INC	66987E206	15,885	$139,788	0.00%
264	SUNOPTA INC	STKL	16,700	$97,862	0.00%
265	SUNOPTA INC	STKL	11,700	$68,562	0.00%
266	VILLAGE FARMS INTL INC	92707Y108	16,189	$50,672	0.00%