13F HOLDINGS REPORT
Canoe Financial LP
Quarter ended Q1 2025 · Filed April 22, 2025 · Accession 0001908219-25-000005
Total Value
$6.24B
Positions
102
Other Managers
0
Confidential Omitted
No
Holdings (102)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | UNITEDHEALTH GROUP INC | UNH | 562,759 | $294.7M | 4.72% |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTU | 874039100 | 1,630,812 | $270.7M | 4.34% |
| 3 | CANADIAN NATIONAL RAILWAY CO | 136375102 | 2,431,661 | $236.7M | 3.79% |
| 4 | AUTOZONE INC | AZO | 60,621 | $231.1M | 3.70% |
| 5 | MICROSOFT CORP | MSFT | 606,406 | $227.6M | 3.65% |
| 6 | ALPHABET INC | GOOG | 1,432,014 | $221.4M | 3.55% |
| 7 | MOODY'S CORP | MCO | 449,042 | $209.1M | 3.35% |
| 8 | WELLS FARGO & CO | 949746101 | 2,789,330 | $200.2M | 3.21% |
| 9 | MASTERCARD INC | MA | 332,231 | $182.1M | 2.92% |
| 10 | PHILIP MORRIS INTERNATIONAL IN | 718172109 | 1,135,513 | $180.2M | 2.89% |
| 11 | CME GROUP INC | CME | 600,419 | $159.3M | 2.55% |
| 12 | OTIS WORLDWIDE CORP | OTIS | 1,503,369 | $155.1M | 2.49% |
| 13 | AGNICO EAGLE MINES LIMITED | AEM | 1,421,094 | $154.0M | 2.47% |
| 14 | RESTAURANT BRANDS INTL INC | 76131D103 | 2,307,351 | $153.8M | 2.46% |
| 15 | AMERICAN EXPRESS CO | AXP | 549,319 | $147.8M | 2.37% |
| 16 | CANADIAN NATURAL RESOURCES LTD | 136385101 | 4,738,577 | $145.8M | 2.34% |
| 17 | ELEVANCE HEALTH INC | ELV | 323,638 | $140.8M | 2.26% |
| 18 | WHEATON PRECIOUS METALS CORP | WPM | 1,772,043 | $137.5M | 2.20% |
| 19 | VISA INC | V | 383,355 | $134.4M | 2.15% |
| 20 | ANALOG DEVICES INC | ADI | 656,496 | $132.4M | 2.12% |
| 21 | TJX COS INC/THE | 872540109 | 1,052,117 | $128.1M | 2.05% |
| 22 | RB GLOBAL INC | RBA | 1,242,141 | $124.7M | 2.00% |
| 23 | SHERWIN-WILLIAMS CO/THE | SHW | 354,107 | $123.7M | 1.98% |
| 24 | ROYAL BANK OF CANADA | 780087102 | 1,055,670 | $118.9M | 1.91% |
| 25 | MSCI INC | MSCI | 192,731 | $109.0M | 1.75% |
| 26 | SYSCO CORP | SYY | 1,431,149 | $107.4M | 1.72% |
| 27 | DISCOVER FINANCIAL SERVICES | 254709108 | 594,385 | $101.5M | 1.63% |
| 28 | RANGE RESOURCES CORP | RRC | 2,405,009 | $94.5M | 1.51% |
| 29 | CVS HEALTH CORP | CVS | 1,388,195 | $94.1M | 1.51% |
| 30 | ADOBE INC | ADBE | 242,925 | $93.2M | 1.49% |
| 31 | CGI INC | GIB | 904,153 | $90.3M | 1.45% |
| 32 | BERKSHIRE HATHAWAY INC | BRK-A | 167,004 | $88.9M | 1.42% |
| 33 | ROSS STORES INC | ROST | 680,994 | $87.0M | 1.39% |
| 34 | Expand Energy Corp | EXE | 731,000 | $79.0M | 1.27% |
| 35 | WILLIS TOWERS WATSON PLC | WTW | 227,621 | $76.9M | 1.23% |
| 36 | METTLER-TOLEDO INTERNATIONAL I | MTD | 52,018 | $61.4M | 0.98% |
| 37 | HCA HEALTHCARE INC | HCA | 164,123 | $56.7M | 0.91% |
| 38 | GRACO INC | GGG | 624,874 | $52.2M | 0.84% |
| 39 | TORONTO DOMINION BANK | TORO | 854,767 | $51.2M | 0.82% |
| 40 | ENERFLEX LTD | EFXT | 6,294,108 | $48.6M | 0.78% |
| 41 | EQT CORP | EQT | 912,200 | $47.6M | 0.76% |
| 42 | S&P GLOBAL INC | SPGI | 92,379 | $46.9M | 0.75% |
| 43 | CHUBB LTD | CB | 147,769 | $44.6M | 0.71% |
| 44 | NORTHROP GRUMMAN CORP | NOC | 80,992 | $41.5M | 0.66% |
| 45 | FISERV INC | FISV | 165,207 | $36.5M | 0.58% |
| 46 | ALCON INC | ALC | 381,929 | $35.9M | 0.58% |
| 47 | DOLLAR TREE INC | DLTR | 475,221 | $35.7M | 0.57% |
| 48 | AON PLC | AON | 83,679 | $33.4M | 0.54% |
| 49 | ICON PLC | ICLR | 175,677 | $30.7M | 0.49% |
| 50 | EMERSON ELECTRIC CO | EMR | 247,263 | $27.1M | 0.43% |
| 51 | MARRIOTT INTERNATIONAL INC/MD | 571903202 | 105,206 | $25.1M | 0.40% |
| 52 | HDFC BANK LTD | HDB | 376,702 | $25.0M | 0.40% |
| 53 | COTERRA ENERGY INC | CTRA | 837,200 | $24.2M | 0.39% |
| 54 | VERISIGN INC | VRSN | 92,261 | $23.4M | 0.38% |
| 55 | FORTIVE CORP | FTV | 287,785 | $21.1M | 0.34% |
| 56 | ORACLE CORP | ORCL-PD | 116,698 | $16.3M | 0.26% |
| 57 | LOWE'S COS INC | 548661107 | 69,124 | $16.1M | 0.26% |
| 58 | PEPSICO INC | PEP | 106,440 | $16.0M | 0.26% |
| 59 | LINDE PLC | LIN | 33,438 | $15.6M | 0.25% |
| 60 | ATS CORP | ATS | 613,299 | $15.3M | 0.24% |
| 61 | JOHNSON & JOHNSON | JNJ | 86,826 | $14.4M | 0.23% |
| 62 | COPART INC | CPRT | 216,327 | $12.2M | 0.20% |
| 63 | FACTSET RESEARCH SYSTEMS INC | 303075105 | 26,155 | $11.9M | 0.19% |
| 64 | CARRIER GLOBAL CORP | CARR | 185,303 | $11.7M | 0.19% |
| 65 | HILTON WORLDWIDE HOLDINGS INC | HLT | 47,935 | $10.9M | 0.17% |
| 66 | COLGATE-PALMOLIVE CO | CL | 84,646 | $7.9M | 0.13% |
| 67 | NIKE INC | NKE | 105,720 | $6.7M | 0.11% |
| 68 | DESCARTES SYS GROUP INC | 249906108 | 65,998 | $6.6M | 0.11% |
| 69 | BECTON DICKINSON AND CO. | BDX | 28,741 | $6.6M | 0.11% |
| 70 | STANTEC INC | STN | 76,059 | $6.3M | 0.10% |
| 71 | ALAMOS GOLD INC NEW | AGI | 229,412 | $6.1M | 0.10% |
| 72 | LIBERTY ENERGY INC | LBRT | 381,139 | $6.0M | 0.10% |
| 73 | ROGERS COMMUNICATIONS INC | RCIAF | 218,649 | $5.8M | 0.09% |
| 74 | VANECK JUNIOR GOLD MINERS | 92189F791 | 95,215 | $5.4M | 0.09% |
| 75 | FIRSTSERVICE CORP | FSV | 28,565 | $4.7M | 0.08% |
| 76 | DIAGEO PLC | DGEAF | 45,000 | $4.7M | 0.08% |
| 77 | COLLIERS INTL GROUP INC | 194693107 | 37,953 | $4.6M | 0.07% |
| 78 | THERMO FISHER SCIENTIFIC INC | TMO | 8,000 | $4.0M | 0.06% |
| 79 | FORTIS INC | FTRSF | 186,492 | $3.2M | 0.05% |
| 80 | TFI INTERNATIONAL INC | 87241L109 | 36,857 | $2.9M | 0.05% |
| 81 | ROYAL GOLD INC | RGLD | 16,482 | $2.7M | 0.04% |
| 82 | WASTE CONNECTIONS INC | WCN | 12,000 | $2.3M | 0.04% |
| 83 | GRANITE REAL ESTATE INVESTMENT TRUST | 387437205 | 43,595 | $2.0M | 0.03% |
| 84 | VANECK SEMICONDUCTOR ETF | 92189F676 | 1,665 | $1.9M | 0.03% |
| 85 | KINROSS GOLD CORP | KGCRF | 134,085 | $1.7M | 0.03% |
| 86 | CENOVUS ENERGY INC | CVE | 120,000 | $1.7M | 0.03% |
| 87 | SPDR S&P 500 ETF TRUST | SPY | 1,250 | $1.6M | 0.02% |
| 88 | FRANCO-NEVADA CORP | FNV | 4,177 | $657,039 | 0.01% |
| 89 | ROPER TECHNOLOGIES INC | ROP | 874 | $515,293 | 0.01% |
| 90 | BANK OF NT BUTTERFIELD & SON L | G0772R208 | 12,916 | $502,691 | 0.01% |
| 91 | CANADIAN PACIFIC KANSAS CITY LTD | CP | 5,979 | $419,654 | 0.01% |
| 92 | ERO COPPER CORP | ERO | 31,656 | $383,476 | 0.01% |
| 93 | EQUIFAX INC | EFX | 1,478 | $359,982 | 0.01% |
| 94 | CIGNA CORP | 125523100 | 1,086 | $357,294 | 0.01% |
| 95 | FERGUSON ENTERPRISES INC/DE | FERG | 2,049 | $328,311 | 0.01% |
| 96 | New Linde PLC | LIN | 700 | $325,948 | 0.01% |
| 97 | SYNCHRONY FINANCIAL | SYF-PB | 4,888 | $258,771 | 0.00% |
| 98 | ZOETIS INC | ZTS | 1,394 | $229,522 | 0.00% |
| 99 | M&T BANK CORP | 55261F104 | 1,204 | $215,215 | 0.00% |
| 100 | HUNTINGTON INGALLS INDUSTRIES | 446413106 | 1,025 | $209,141 | 0.00% |
| 101 | HUMANA INC | HUM | 562 | $148,705 | 0.00% |
| 102 | AIRBNB INC | ABNB | 790 | $94,373 | 0.00% |