13F HOLDINGS REPORT

SIG North Trading, ULC

Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001868643-26-000001

Total Value

$5.48B

Positions

274

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (274)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ROGERS COMMUNICATIONS INC	RCIAF	8,078,800	$304.8M	5.56%
2	BANK MONTREAL QUE	063671101	2,214,400	$287.4M	5.24%
3	ROYAL BK CDA	780087102	1,401,100	$238.9M	4.36%
4	ROYAL BK CDA	780087102	1,280,300	$218.3M	3.98%
5	CANADIAN IMPERIAL BANK OF CO	CNDIF	2,195,900	$199.0M	3.63%
6	BANK NOVA SCOTIA HALIFAX	064149107	2,618,500	$193.0M	3.52%
7	TC ENERGY CORP	TRPRF	3,412,600	$187.7M	3.43%
8	TORONTO DOMINION BK ONT	TORO	1,925,000	$181.3M	3.31%
9	ENBRIDGE INC	ENNPF	3,194,900	$152.8M	2.79%
10	BANK NOVA SCOTIA HALIFAX	064149107	2,042,800	$150.5M	2.75%
11	TELUS CORPORATION	TU	11,409,100	$150.3M	2.74%
12	CANADIAN IMPERIAL BANK OF CO	CNDIF	1,653,400	$149.8M	2.73%
13	SUNCOR ENERGY INC NEW	SU	3,330,700	$147.7M	2.70%
14	BCE INC	BCPPF	5,898,100	$140.5M	2.56%
15	BCE INC	BCPPF	5,091,600	$121.3M	2.21%
16	BANK MONTREAL QUE	063671101	925,300	$120.1M	2.19%
17	CANADIAN NAT RES LTD	136385101	3,280,100	$111.0M	2.03%
18	MANULIFE FINL CORP	56501R106	2,752,000	$99.8M	1.82%
19	SUN LIFE FINANCIAL INC.	SUNFF	1,597,400	$99.7M	1.82%
20	TORONTO DOMINION BK ONT	TORO	965,000	$90.9M	1.66%
21	ENBRIDGE INC	ENNPF	1,832,900	$87.7M	1.60%
22	TELUS CORPORATION	TU	6,046,656	$79.6M	1.45%
23	PEMBINA PIPELINE CORP	PPLOF	2,060,300	$78.4M	1.43%
24	TELUS CORPORATION	TU	5,787,900	$76.2M	1.39%
25	ROGERS COMMUNICATIONS INC	RCIAF	1,996,500	$75.3M	1.37%
26	AGNICO EAGLE MINES LTD	AEM	363,600	$61.6M	1.12%
27	ROGERS COMMUNICATIONS INC	RCIAF	1,633,547	$61.6M	1.12%
28	BANK NOVA SCOTIA HALIFAX	064149107	765,785	$56.4M	1.03%
29	TC ENERGY CORP	TRPRF	915,700	$50.4M	0.92%
30	ENBRIDGE INC	ENNPF	1,046,587	$50.1M	0.91%
31	AGNICO EAGLE MINES LTD	AEM	289,300	$49.0M	0.89%
32	CENOVUS ENERGY INC	CVE	2,763,300	$46.8M	0.85%
33	CANADIAN IMPERIAL BANK OF CO	CNDIF	503,924	$45.7M	0.83%
34	CAMECO CORP	CCJ	495,000	$45.3M	0.83%
35	BARRICK MNG CORP	06849F108	930,500	$40.5M	0.74%
36	CANADIAN NAT RES LTD	136385101	1,188,900	$40.2M	0.73%
37	CANADIAN NATL RY CO	136375102	392,800	$38.8M	0.71%
38	CANADIAN NAT RES LTD	136385101	1,059,826	$35.9M	0.65%
39	BROOKFIELD CORP	11271J107	766,500	$35.2M	0.64%
40	SUN LIFE FINANCIAL INC.	SUNFF	557,300	$34.8M	0.63%
41	CENOVUS ENERGY INC	CVE	1,657,700	$28.0M	0.51%
42	BROOKFIELD INFRAST PARTNERS	G16252101	797,100	$27.7M	0.51%
43	PEMBINA PIPELINE CORP	PPLOF	705,432	$26.8M	0.49%
44	FRANCO NEV CORP	FNV	118,700	$24.6M	0.45%
45	BROOKFIELD INFRAST PARTNERS	G16252101	705,400	$24.5M	0.45%
46	VERMILION ENERGY INC	VET	2,898,000	$24.2M	0.44%
47	NUTRIEN LTD	NTR	364,300	$22.5M	0.41%
48	CAMECO CORP	CCJ	239,700	$21.9M	0.40%
49	BARRICK MNG CORP	06849F108	487,300	$21.2M	0.39%
50	SHOPIFY INC	SHOP	130,400	$21.0M	0.38%
51	CELESTICA INC	CLS	70,300	$20.8M	0.38%
52	FORTIS INC	FTRSF	376,100	$19.5M	0.36%
53	BROOKFIELD RENEWABLE PARTNER	G16258108	714,900	$19.3M	0.35%
54	SUNCOR ENERGY INC NEW	SU	424,900	$18.8M	0.34%
55	CANADIAN PACIFIC KANSAS CITY	CP	251,000	$18.5M	0.34%
56	EMERA INC	EMRJF	359,600	$17.7M	0.32%
57	KINROSS GOLD CORP	KGCRF	620,100	$17.5M	0.32%
58	WHEATON PRECIOUS METALS CORP	WPM	144,700	$17.0M	0.31%
59	CELESTICA INC	CLS	56,200	$16.6M	0.30%
60	PAN AMERN SILVER CORP	697900108	317,900	$16.5M	0.30%
61	TECK RESOURCES LTD	TCKRF	340,900	$16.3M	0.30%
62	SUN LIFE FINANCIAL INC.	SUNFF	259,942	$16.2M	0.30%
63	CANADIAN NATL RY CO	136375102	152,700	$15.1M	0.28%
64	TECK RESOURCES LTD	TCKRF	308,500	$14.8M	0.27%
65	MANULIFE FINL CORP	56501R106	378,243	$13.7M	0.25%
66	BARRICK MNG CORP	06849F108	308,795	$13.4M	0.25%
67	WASTE CONNECTIONS INC	WCN	71,200	$12.5M	0.23%
68	WHEATON PRECIOUS METALS CORP	WPM	105,900	$12.4M	0.23%
69	HUT 8 CORP	HUT	263,500	$12.1M	0.22%
70	PEMBINA PIPELINE CORP	PPLOF	307,000	$11.7M	0.21%
71	MAGNA INTL INC	559222401	215,400	$11.5M	0.21%
72	PAN AMERN SILVER CORP	697900108	220,295	$11.4M	0.21%
73	EQUINOX GOLD CORP	EQX	780,029	$11.0M	0.20%
74	TRANSALTA CORP	TACPF	865,700	$10.9M	0.20%
75	MANULIFE FINL CORP	56501R106	295,700	$10.7M	0.20%
76	SHOPIFY INC	SHOP	63,000	$10.1M	0.19%
77	TORONTO DOMINION BK ONT	TORO	106,306	$10.0M	0.18%
78	SUNCOR ENERGY INC NEW	SU	218,043	$9.7M	0.18%
79	IMPERIAL OIL LTD	IMO	105,300	$9.1M	0.17%
80	FIRST MAJESTIC SILVER CORP	AG	541,959	$9.0M	0.16%
81	FORTIS INC	FTRSF	163,900	$8.5M	0.16%
82	VERMILION ENERGY INC	VET	922,829	$7.7M	0.14%
83	BROOKFIELD RENEWABLE PARTNER	G16258108	256,429	$6.9M	0.13%
84	HUDBAY MINERALS INC	HBM	331,400	$6.6M	0.12%
85	CANADIAN PACIFIC KANSAS CITY	CP	89,300	$6.6M	0.12%
86	CANADIAN NATL RY CO	136375102	66,301	$6.6M	0.12%
87	KINROSS GOLD CORP	KGCRF	230,200	$6.5M	0.12%
88	NUTRIEN LTD	NTR	104,800	$6.5M	0.12%
89	BROOKFIELD CORP	11271J107	138,850	$6.4M	0.12%
90	KINROSS GOLD CORP	KGCRF	211,745	$6.0M	0.11%
91	WEST FRASER TIMBER CO LTD	WFG	97,400	$6.0M	0.11%
92	RB GLOBAL INC	RBA	57,700	$5.9M	0.11%
93	MAGNA INTL INC	559222401	108,200	$5.8M	0.11%
94	HUT 8 CORP	HUT	124,000	$5.7M	0.10%
95	TRANSALTA CORP	TACPF	448,600	$5.7M	0.10%
96	BROOKFIELD ASSET MANAGMT LTD	113004105	104,800	$5.5M	0.10%
97	FIRST MAJESTIC SILVER CORP	AG	328,100	$5.5M	0.10%
98	NEWMONT CORP	NEMCL	52,664	$5.3M	0.10%
99	FIRST MAJESTIC SILVER CORP	AG	310,000	$5.2M	0.09%
100	TC ENERGY CORP	TRPRF	93,396	$5.1M	0.09%
101	ALAMOS GOLD INC NEW	AGI	128,600	$5.0M	0.09%
102	BROOKFIELD ASSET MANAGMT LTD	113004105	86,900	$4.6M	0.08%
103	ROYAL BK CDA	780087102	26,634	$4.5M	0.08%
104	TFI INTL INC	87241L109	43,720	$4.5M	0.08%
105	SELECT SECTOR SPDR TR	81369Y506	100,000	$4.5M	0.08%
106	IAMGOLD CORP	IAG	265,800	$4.4M	0.08%
107	B2GOLD CORP	BTG	967,100	$4.4M	0.08%
108	SOUTH BOW CORP	SOBO	157,800	$4.3M	0.08%
109	GALAXY DIGITAL INC.	GLXY	189,600	$4.2M	0.08%
110	RESTAURANT BRANDS INTL INC	76131D103	61,700	$4.2M	0.08%
111	SPROTT ASSET MANAGEMENT LP	SII	176,300	$4.2M	0.08%
112	OPEN TEXT CORP	OTEX	124,500	$4.1M	0.07%
113	ORLA MNG LTD NEW	68634K106	291,600	$3.9M	0.07%
114	PAN AMERN SILVER CORP	697900108	75,800	$3.9M	0.07%
115	RESTAURANT BRANDS INTL INC	76131D103	51,600	$3.5M	0.06%
116	TFI INTL INC	87241L109	33,800	$3.5M	0.06%
117	PRECISION DRILLING CORP	PDS	48,300	$3.5M	0.06%
118	EQUINOX GOLD CORP	EQX	245,300	$3.4M	0.06%
119	FRANCO NEV CORP	FNV	16,200	$3.4M	0.06%
120	OVINTIV INC	OVV	81,600	$3.2M	0.06%
121	NUTRIEN LTD	NTR	51,628	$3.2M	0.06%
122	BROOKFIELD ASSET MANAGMT LTD	113004105	60,071	$3.1M	0.06%
123	WEST FRASER TIMBER CO LTD	WFG	48,900	$3.0M	0.05%
124	ELDORADO GOLD CORP NEW	284902509	83,064	$3.0M	0.05%
125	WEST FRASER TIMBER CO LTD	WFG	45,277	$2.8M	0.05%
126	BCE INC	BCPPF	115,745	$2.8M	0.05%
127	BROOKFIELD RENEWABLE CORP	BEPC	71,629	$2.7M	0.05%
128	THOMSON REUTERS CORP	TMSOF	20,600	$2.7M	0.05%
129	BROOKFIELD RENEWABLE PARTNER	G16258108	100,100	$2.7M	0.05%
130	NEXGEN ENERGY LTD	NXE	291,672	$2.7M	0.05%
131	NEXGEN ENERGY LTD	NXE	280,000	$2.6M	0.05%
132	PRECISION DRILLING CORP	PDS	35,600	$2.6M	0.05%
133	BANK MONTREAL QUE	063671101	19,448	$2.5M	0.05%
134	CGI INC	GIB	27,000	$2.5M	0.05%
135	IMPERIAL OIL LTD	IMO	28,500	$2.5M	0.04%
136	SHOPIFY INC	SHOP	15,163	$2.4M	0.04%
137	NEWMONT CORP	NEMCL	23,800	$2.4M	0.04%
138	TFI INTL INC	87241L109	22,800	$2.4M	0.04%
139	BAYTEX ENERGY CORP	BTE	709,150	$2.3M	0.04%
140	OR ROYALTIES INC.	OR	63,300	$2.2M	0.04%
141	ENDEAVOUR SILVER CORP	EXK	237,673	$2.2M	0.04%
142	METHANEX CORP	MEOH	55,800	$2.2M	0.04%
143	GILDAN ACTIVEWEAR INC	GIL	35,200	$2.2M	0.04%
144	THOMSON REUTERS CORP	TMSOF	15,900	$2.1M	0.04%
145	SPROTT ASSET MANAGEMENT LP	SII	87,186	$2.1M	0.04%
146	CGI INC	GIB	21,981	$2.0M	0.04%
147	EQUINOX GOLD CORP	EQX	143,100	$2.0M	0.04%
148	CENTERRA GOLD INC	CGAU	139,016	$2.0M	0.04%
149	LIGHTSPEED COMMERCE INC	LSPD	160,500	$1.9M	0.04%
150	BAUSCH HEALTH COS INC	071734107	277,900	$1.9M	0.04%
151	TRANSALTA CORP	TACPF	149,915	$1.9M	0.03%
152	SILVERCORP METALS INC	SVM	227,139	$1.9M	0.03%
153	FORTUNA MNG CORP	349942102	192,842	$1.9M	0.03%
154	HUDBAY MINERALS INC	HBM	94,800	$1.9M	0.03%
155	CENOVUS ENERGY INC	CVE	109,916	$1.9M	0.03%
156	SPROTT ASSET MANAGEMENT LP	SII	76,800	$1.8M	0.03%
157	DESCARTES SYS GROUP INC	249906108	20,453	$1.8M	0.03%
158	CGI INC	GIB	18,800	$1.7M	0.03%
159	B2GOLD CORP	BTG	383,800	$1.7M	0.03%
160	IMPERIAL OIL LTD	IMO	19,736	$1.7M	0.03%
161	DESCARTES SYS GROUP INC	249906108	19,100	$1.7M	0.03%
162	OR ROYALTIES INC.	OR	47,200	$1.7M	0.03%
163	EMERA INC	EMRJF	33,800	$1.7M	0.03%
164	SOUTH BOW CORP	SOBO	59,900	$1.6M	0.03%
165	ALGONQUIN PWR UTILS CORP	015857105	260,663	$1.6M	0.03%
166	BROOKFIELD INFRAST PARTNERS	G16252101	45,864	$1.6M	0.03%
167	GILDAN ACTIVEWEAR INC	GIL	25,442	$1.6M	0.03%
168	B2GOLD CORP	BTG	342,812	$1.5M	0.03%
169	SEABRIDGE GOLD INC	SA	51,700	$1.5M	0.03%
170	WASTE CONNECTIONS INC	WCN	8,700	$1.5M	0.03%
171	BLACKBERRY LTD	BB	396,300	$1.5M	0.03%
172	SOUTH BOW CORP	SOBO	53,498	$1.5M	0.03%
173	BRP INC	DOO	20,400	$1.4M	0.03%
174	SEABRIDGE GOLD INC	SA	47,678	$1.4M	0.03%
175	CANADA GOOSE HLDGS INC	GOOS	103,900	$1.3M	0.02%
176	ENERGY FUELS INC	UUUU	92,209	$1.3M	0.02%
177	SEABRIDGE GOLD INC	SA	44,700	$1.3M	0.02%
178	IAMGOLD CORP	IAG	78,889	$1.3M	0.02%
179	DESCARTES SYS GROUP INC	249906108	14,700	$1.3M	0.02%
180	COEUR MNG INC	192108504	71,837	$1.3M	0.02%
181	ENERGY FUELS INC	UUUU	85,800	$1.2M	0.02%
182	METHANEX CORP	MEOH	30,600	$1.2M	0.02%
183	GRANITE REAL ESTATE INVT TR	387437205	20,500	$1.2M	0.02%
184	ORLA MNG LTD NEW	68634K106	90,000	$1.2M	0.02%
185	CAE INC	CAE	39,498	$1.2M	0.02%
186	GILDAN ACTIVEWEAR INC	GIL	19,100	$1.2M	0.02%
187	NEWMONT CORP	NEMCL	11,300	$1.1M	0.02%
188	BAUSCH HEALTH COS INC	071734107	160,400	$1.1M	0.02%
189	ORLA MNG LTD NEW	68634K106	79,947	$1.1M	0.02%
190	RB GLOBAL INC	RBA	10,300	$1.1M	0.02%
191	ERO COPPER CORP	ERO	36,600	$1.0M	0.02%
192	CANADIAN PACIFIC KANSAS CITY	CP	13,962	$1.0M	0.02%
193	ENERGY FUELS INC	UUUU	69,700	$1.0M	0.02%
194	GFL ENVIRONMENTAL INC	GFL	21,767	$934,893	0.02%
195	FORTUNA MNG CORP	349942102	91,000	$892,710	0.02%
196	ELDORADO GOLD CORP NEW	284902509	24,500	$880,040	0.02%
197	ALGONQUIN PWR UTILS CORP	015857105	138,600	$852,390	0.02%
198	SELECT SECTOR SPDR TR	81369Y506	18,546	$829,192	0.02%
199	STANTEC INC	STN	8,600	$811,496	0.01%
200	OVINTIV INC	OVV	20,700	$811,233	0.01%
201	ATS CORPORATION	ATS	29,342	$808,079	0.01%
202	PRIMO BRANDS CORPORATION	PRMB	49,257	$805,352	0.01%
203	BROOKFIELD RENEWABLE CORP	BEPC	20,800	$797,472	0.01%
204	IAMGOLD CORP	IAG	47,800	$788,222	0.01%
205	NEXGEN ENERGY LTD	NXE	82,700	$760,840	0.01%
206	CENTERRA GOLD INC	CGAU	52,000	$747,240	0.01%
207	VERMILION ENERGY INC	VET	88,800	$740,592	0.01%
208	CANOPY GROWTH CORP	CGC	637,040	$726,226	0.01%
209	ATS CORPORATION	ATS	26,300	$724,302	0.01%
210	TILRAY BRANDS INC	TLRY	79,790	$720,504	0.01%
211	PRECISION DRILLING CORP	PDS	9,948	$715,062	0.01%
212	CAE INC	CAE	22,800	$693,576	0.01%
213	GALAXY DIGITAL INC.	GLXY	28,400	$635,024	0.01%
214	ALGOMA STL GROUP INC	015658107	154,400	$633,040	0.01%
215	GFL ENVIRONMENTAL INC	GFL	14,500	$622,775	0.01%
216	CANOPY GROWTH CORP	CGC	537,290	$612,511	0.01%
217	LIGHTSPEED COMMERCE INC	LSPD	50,700	$612,456	0.01%
218	ALAMOS GOLD INC NEW	AGI	15,769	$608,368	0.01%
219	ENDEAVOUR SILVER CORP	EXK	63,800	$599,720	0.01%
220	BAYTEX ENERGY CORP	BTE	184,100	$594,643	0.01%
221	ENDEAVOUR SILVER CORP	EXK	63,100	$593,140	0.01%
222	CANADA GOOSE HLDGS INC	GOOS	44,600	$577,570	0.01%
223	SILVERCORP METALS INC	SVM	67,700	$564,618	0.01%
224	CANOPY GROWTH CORP	CGC	465,493	$530,662	0.01%
225	GFL ENVIRONMENTAL INC	GFL	11,700	$502,515	0.01%
226	BROOKFIELD RENEWABLE CORP	BEPC	13,100	$502,254	0.01%
227	ALAMOS GOLD INC NEW	AGI	12,900	$497,682	0.01%
228	BRP INC	DOO	6,900	$488,244	0.01%
229	SSR MINING IN	SSRGF	22,195	$486,514	0.01%
230	ELDORADO GOLD CORP NEW	284902509	13,400	$481,328	0.01%
231	BAYTEX ENERGY CORP	BTE	147,700	$477,071	0.01%
232	LIGHTSPEED COMMERCE INC	LSPD	39,215	$473,717	0.01%
233	STANTEC INC	STN	5,000	$471,800	0.01%
234	LITHIUM AMERS CORP NEW	LTUM	107,900	$470,444	0.01%
235	SSR MINING IN	SSRGF	20,700	$453,744	0.01%
236	AURORA CANNABIS INC	ACB	104,400	$440,568	0.01%
237	TILRAY BRANDS INC	TLRY	47,477	$428,717	0.01%
238	ALLIED GOLD CORP	AAUC	18,600	$425,568	0.01%
239	NOVAGOLD RES INC	66987E206	45,100	$420,332	0.01%
240	ALGOMA STL GROUP INC	015658107	101,917	$417,860	0.01%
241	MAGNA INTL INC	559222401	7,696	$410,197	0.01%
242	ALGONQUIN PWR UTILS CORP	015857105	66,400	$408,360	0.01%
243	ALGOMA STL GROUP INC	015658107	99,400	$407,540	0.01%
244	OR ROYALTIES INC.	OR	11,197	$396,262	0.01%
245	FORTUNA MNG CORP	349942102	38,600	$378,666	0.01%
246	NOVAGOLD RES INC	66987E206	40,400	$376,528	0.01%
247	LITHIUM AMERS CORP NEW	LTUM	81,300	$354,468	0.01%
248	SSR MINING IN	SSRGF	14,200	$311,264	0.01%
249	CAE INC	CAE	10,100	$307,242	0.01%
250	SILVERCORP METALS INC	SVM	36,600	$305,244	0.01%
251	STANTEC INC	STN	3,150	$297,234	0.01%
252	HUT 8 CORP	HUT	6,202	$284,920	0.01%
253	ERO COPPER CORP	ERO	9,800	$277,242	0.01%
254	ERO COPPER CORP	ERO	9,705	$274,554	0.01%
255	CRONOS GROUP INC	CRON	103,068	$271,069	0.00%
256	BLACKBERRY LTD	BB	70,200	$266,058	0.00%
257	AURORA CANNABIS INC	ACB	61,734	$260,517	0.00%
258	BALLARD PWR SYS INC NEW	BALL	100,800	$256,032	0.00%
259	TILRAY BRANDS INC	TLRY	27,780	$250,853	0.00%
260	TRIPLE FLAG PRECIOUS METAL	TFPM	7,500	$249,150	0.00%
261	OBSIDIAN ENERGY LTD	OBE	39,948	$244,881	0.00%
262	SUNOCOCORP LLC	SUNC	4,766	$234,868	0.00%
263	METHANEX CORP	MEOH	5,662	$224,895	0.00%
264	CRONOS GROUP INC	CRON	75,800	$199,354	0.00%
265	LITHIUM AMERS CORP NEW	LTUM	39,977	$174,300	0.00%
266	SUNOPTA INC	STKL	39,122	$148,664	0.00%
267	COLLECTIVE MINING LTD	CNL	10,100	$147,359	0.00%
268	BALLARD PWR SYS INC NEW	BALL	53,000	$134,620	0.00%
269	BITFARMS LTD	BITF	54,700	$128,545	0.00%
270	NOVAGOLD RES INC	66987E206	13,494	$125,764	0.00%
271	AURORA CANNABIS INC	ACB	29,000	$122,380	0.00%
272	BALLARD PWR SYS INC NEW	BALL	46,338	$117,699	0.00%
273	OBSIDIAN ENERGY LTD	OBE	16,500	$101,145	0.00%
274	VILLAGE FARMS INTL INC	92707Y108	16,189	$59,090	0.00%