13F HOLDINGS REPORT
Triasima Portfolio Management inc.
Quarter ended Q1 2025 · Filed May 2, 2025 · Accession 0001938757-25-000005
Total Value
$508.2M
Positions
144
Other Managers
0
Confidential Omitted
No
Holdings (144)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ROYAL BK CDA | 780087102 | 273,197 | $30.8M | 6.05% |
| 2 | BROOKFIELD CORP | 11271J107 | 370,672 | $19.4M | 3.82% |
| 3 | ALAMOS GOLD INC NEW | AGI | 583,564 | $15.6M | 3.07% |
| 4 | KINROSS GOLD CORP | KGCRF | 1,213,632 | $15.3M | 3.01% |
| 5 | SHOPIFY INC | SHOP | 156,799 | $14.9M | 2.93% |
| 6 | BANK MONTREAL QUE | 063671101 | 143,072 | $13.7M | 2.69% |
| 7 | MANULIFE FINL CORP | 56501R106 | 362,303 | $11.3M | 2.22% |
| 8 | CANADIAN IMPERIAL BK COMM | CNDIF | 195,836 | $11.0M | 2.17% |
| 9 | PEMBINA PIPELINE CORP | PPLOF | 266,919 | $10.7M | 2.10% |
| 10 | ENBRIDGE INC | ENNPF | 229,066 | $10.1M | 1.99% |
| 11 | TC ENERGY CORP | TRPRF | 198,626 | $9.4M | 1.85% |
| 12 | THOMSON REUTERS CORP | TMSOF | 54,205 | $9.4M | 1.84% |
| 13 | FERRARI N V | RACE | 21,611 | $9.2M | 1.82% |
| 14 | ALPHABET INC | GOOG | 56,291 | $8.7M | 1.71% |
| 15 | CELESTICA INC | CLS | 106,780 | $8.4M | 1.66% |
| 16 | RB GLOBAL INC | RBA | 77,250 | $7.8M | 1.53% |
| 17 | NUTRIEN LTD | NTR | 152,242 | $7.6M | 1.49% |
| 18 | BANK NOVA SCOTIA HALIFAX | 064149107 | 158,171 | $7.5M | 1.48% |
| 19 | ARES MANAGEMENT CORPORATION | ARES-PB | 48,379 | $7.1M | 1.40% |
| 20 | DESCARTES SYS GROUP INC | 249906108 | 68,960 | $6.9M | 1.37% |
| 21 | WASTE CONNECTIONS INC | WCN | 32,729 | $6.7M | 1.33% |
| 22 | MICROSOFT CORP | MSFT | 16,757 | $6.3M | 1.24% |
| 23 | MARSH & MCLENNAN COS INC | 571748102 | 25,393 | $6.2M | 1.22% |
| 24 | NVIDIA CORPORATION | NVDA | 54,509 | $5.9M | 1.16% |
| 25 | TJX COS INC NEW | 872540109 | 47,701 | $5.8M | 1.14% |
| 26 | JPMORGAN CHASE & CO. | VYLD | 23,358 | $5.7M | 1.13% |
| 27 | MERCADOLIBRE INC | MELI | 2,925 | $5.7M | 1.12% |
| 28 | WELLTOWER INC | WELL | 37,108 | $5.7M | 1.12% |
| 29 | GALLAGHER ARTHUR J & CO | 363576109 | 16,219 | $5.6M | 1.10% |
| 30 | AGNICO EAGLE MINES LTD | AEM | 51,600 | $5.6M | 1.10% |
| 31 | BROADCOM INC | AVGO | 30,969 | $5.2M | 1.02% |
| 32 | FORTIS INC | FTRSF | 113,060 | $5.1M | 1.01% |
| 33 | VISA INC | V | 13,480 | $4.7M | 0.93% |
| 34 | GILDAN ACTIVEWEAR INC | GIL | 101,765 | $4.5M | 0.89% |
| 35 | BOSTON SCIENTIFIC CORP | BSX | 44,569 | $4.5M | 0.88% |
| 36 | REPUBLIC SVCS INC | 760759100 | 18,235 | $4.4M | 0.87% |
| 37 | SERVICENOW INC | NOW | 5,487 | $4.4M | 0.86% |
| 38 | ICICI BANK LIMITED | IBN | 134,895 | $4.3M | 0.84% |
| 39 | PAN AMERN SILVER CORP | 697900108 | 163,510 | $4.2M | 0.83% |
| 40 | AERCAP HOLDINGS NV | AER | 41,210 | $4.2M | 0.83% |
| 41 | META PLATFORMS INC | META | 7,300 | $4.2M | 0.83% |
| 42 | ARISTA NETWORKS INC | ANET | 53,152 | $4.1M | 0.81% |
| 43 | SUN LIFE FINANCIAL INC. | SUNFF | 70,030 | $4.0M | 0.79% |
| 44 | BROOKFIELD BUSINESS PARTNERS | BBUC | 170,685 | $4.0M | 0.79% |
| 45 | AXON ENTERPRISE INC | AXON | 7,448 | $3.9M | 0.77% |
| 46 | WHEATON PRECIOUS METALS CORP | WPM | 47,500 | $3.7M | 0.73% |
| 47 | HOULIHAN LOKEY INC | HLI | 22,656 | $3.7M | 0.72% |
| 48 | IMPERIAL OIL LTD | IMO | 49,330 | $3.6M | 0.70% |
| 49 | AVALONBAY CMNTYS INC | AWX | 16,379 | $3.5M | 0.69% |
| 50 | PROCTER AND GAMBLE CO | 742718109 | 19,991 | $3.4M | 0.67% |
| 51 | C H ROBINSON WORLDWIDE INC | CHRW | 32,645 | $3.3M | 0.66% |
| 52 | VANGUARD INDEX FDS | 922908363 | 6,500 | $3.3M | 0.66% |
| 53 | NU HLDGS LTD | NU | 316,356 | $3.2M | 0.64% |
| 54 | GFL ENVIRONMENTAL INC | GFL | 66,776 | $3.2M | 0.63% |
| 55 | KEYCORP | 493267108 | 201,580 | $3.2M | 0.63% |
| 56 | COSTCO WHSL CORP NEW | 22160K105 | 3,389 | $3.2M | 0.63% |
| 57 | UNUM GROUP | UNMA | 37,485 | $3.1M | 0.60% |
| 58 | VERTEX PHARMACEUTICALS INC | VRTX | 6,213 | $3.0M | 0.59% |
| 59 | SOUTH BOW CORP | SOBO | 116,885 | $3.0M | 0.59% |
| 60 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 36,665 | $3.0M | 0.58% |
| 61 | ALIBABA GROUP HLDG LTD | BBAAY | 20,710 | $2.7M | 0.54% |
| 62 | PALO ALTO NETWORKS INC | PANW | 15,860 | $2.7M | 0.53% |
| 63 | XPENG INC | XPNGF | 130,070 | $2.7M | 0.53% |
| 64 | CANADIAN NAT RES LTD | 136385101 | 84,953 | $2.6M | 0.51% |
| 65 | AFLAC INC | AFL | 23,136 | $2.6M | 0.51% |
| 66 | KYNDRYL HLDGS INC | KD | 80,900 | $2.5M | 0.50% |
| 67 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 15,272 | $2.5M | 0.50% |
| 68 | ON HLDG AG | H5919C104 | 55,905 | $2.5M | 0.48% |
| 69 | MR COOPER GROUP INC | 62482R107 | 20,450 | $2.4M | 0.48% |
| 70 | FIRSTSERVICE CORP NEW | FSV | 14,549 | $2.4M | 0.47% |
| 71 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | 24,423 | $2.4M | 0.47% |
| 72 | AMAZON COM INC | AMZN | 12,126 | $2.3M | 0.45% |
| 73 | GE VERNOVA INC | GEV | 7,482 | $2.3M | 0.45% |
| 74 | SPROUTS FMRS MKT INC | 85208M102 | 14,818 | $2.3M | 0.45% |
| 75 | CAMECO CORP | CCJ | 54,850 | $2.3M | 0.44% |
| 76 | AMERICAN TOWER CORP NEW | 03027X100 | 10,370 | $2.3M | 0.44% |
| 77 | GATX CORP | GATX | 14,486 | $2.2M | 0.44% |
| 78 | COLGATE PALMOLIVE CO | CL | 23,870 | $2.2M | 0.44% |
| 79 | RELX PLC | RLXXF | 43,710 | $2.2M | 0.43% |
| 80 | CRH PLC | CRH | 24,960 | $2.2M | 0.43% |
| 81 | CONSTELLATION ENERGY CORP | CEG | 10,319 | $2.1M | 0.41% |
| 82 | WABTEC | 929740108 | 10,867 | $2.0M | 0.39% |
| 83 | NOVARTIS AG | NVSEF | 17,465 | $1.9M | 0.38% |
| 84 | GARTNER INC | IT | 4,213 | $1.8M | 0.35% |
| 85 | BANCOLOMBIA S A | 05968L102 | 43,975 | $1.8M | 0.35% |
| 86 | MARVELL TECHNOLOGY INC | MRVL | 28,395 | $1.7M | 0.34% |
| 87 | VERTIV HOLDINGS CO | VRT | 22,825 | $1.6M | 0.32% |
| 88 | IAMGOLD CORP | IAG | 262,502 | $1.6M | 0.32% |
| 89 | BROOKFIELD WEALTH SOL LTD | BNT | 30,951 | $1.6M | 0.32% |
| 90 | AT&T INC | T-PC | 56,310 | $1.6M | 0.31% |
| 91 | NEW GOLD INC CDA | 644535106 | 423,772 | $1.6M | 0.31% |
| 92 | ISHARES TR | 464287465 | 18,699 | $1.5M | 0.30% |
| 93 | STRYKER CORPORATION | SYK | 3,996 | $1.5M | 0.29% |
| 94 | OTIS WORLDWIDE CORP | OTIS | 13,969 | $1.4M | 0.28% |
| 95 | ASML HOLDING N V | ASMLF | 1,963 | $1.3M | 0.26% |
| 96 | ECOLAB INC | ECL | 4,600 | $1.2M | 0.23% |
| 97 | BROOKFIELD INFRAST PARTNERS | G16252101 | 33,164 | $986,451 | 0.19% |
| 98 | ROSS STORES INC | ROST | 7,610 | $972,481 | 0.19% |
| 99 | CISCO SYS INC | CSCO | 15,272 | $942,435 | 0.19% |
| 100 | PERPETUA RESOURCES CORP | PPTA | 80,994 | $864,386 | 0.17% |
| 101 | CINTAS CORP | CTAS | 4,009 | $823,969 | 0.16% |
| 102 | MURPHY USA INC | MUSA | 1,727 | $811,361 | 0.16% |
| 103 | BOWHEAD SPECIALTY HLDGS INC | BOW | 19,875 | $807,918 | 0.16% |
| 104 | ACCENTURE PLC IRELAND | ACN | 2,587 | $807,247 | 0.16% |
| 105 | COLLIERS INTL GROUP INC | 194693107 | 6,660 | $805,863 | 0.16% |
| 106 | BLUE OWL CAPITAL INC | OWL | 38,993 | $781,419 | 0.15% |
| 107 | TAKE-TWO INTERACTIVE SOFTWAR | TTWO | 3,725 | $772,006 | 0.15% |
| 108 | TRANSDIGM GROUP INC | TDG | 556 | $769,109 | 0.15% |
| 109 | METHANEX CORP | MEOH | 21,064 | $738,502 | 0.15% |
| 110 | EZCORP INC | EZPW | 50,020 | $736,294 | 0.14% |
| 111 | INTUITIVE SURGICAL INC | ISRG | 1,485 | $735,475 | 0.14% |
| 112 | NEXTERA ENERGY INC | NEE-PW | 9,740 | $690,468 | 0.14% |
| 113 | VEEVA SYS INC | VEEV | 2,902 | $672,190 | 0.13% |
| 114 | DOCEBO INC | DCBO | 22,318 | $641,821 | 0.13% |
| 115 | BANCO DE CHILE | 059520106 | 23,645 | $626,356 | 0.12% |
| 116 | LINCOLN NATL CORP IND | 534187109 | 17,224 | $618,513 | 0.12% |
| 117 | WALMART INC | WMT | 6,445 | $565,806 | 0.11% |
| 118 | MOSAIC CO NEW | MOS | 20,755 | $560,592 | 0.11% |
| 119 | UBER TECHNOLOGIES INC | UBER | 7,231 | $526,850 | 0.10% |
| 120 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 9,728 | $470,837 | 0.09% |
| 121 | DENISON MINES CORP | DNN | 348,688 | $455,468 | 0.09% |
| 122 | MASTERCARD INCORPORATED | MA | 804 | $440,688 | 0.09% |
| 123 | OREILLY AUTOMOTIVE INC | 67103H107 | 290 | $415,448 | 0.08% |
| 124 | GILEAD SCIENCES INC | GILD | 3,695 | $414,024 | 0.08% |
| 125 | CITIZENS FINL GROUP INC | CIA | 10,004 | $409,863 | 0.08% |
| 126 | GRUPO FINANCIERO GALICIA S.A | GGAL | 7,320 | $398,720 | 0.08% |
| 127 | COHERENT CORP | COHR | 5,140 | $333,791 | 0.07% |
| 128 | MID-AMER APT CMNTYS INC | 59522J103 | 1,800 | $301,644 | 0.06% |
| 129 | AUTOZONE INC | AZO | 79 | $301,209 | 0.06% |
| 130 | NVENT ELECTRIC PLC | NVT | 5,622 | $294,705 | 0.06% |
| 131 | VNET GROUP INC | VNET | 35,825 | $293,765 | 0.06% |
| 132 | CURTISS WRIGHT CORP | CW | 850 | $269,679 | 0.05% |
| 133 | POWELL INDS INC | 739128106 | 1,554 | $264,692 | 0.05% |
| 134 | TECHNIPFMC PLC | FTI | 8,150 | $258,273 | 0.05% |
| 135 | ROLLINS INC | ROL | 4,485 | $242,324 | 0.05% |
| 136 | REINSURANCE GRP OF AMERICA I | 759351604 | 1,190 | $234,311 | 0.05% |
| 137 | ROPER TECHNOLOGIES INC | ROP | 392 | $231,115 | 0.05% |
| 138 | APPLE INC | AAPL | 970 | $215,466 | 0.04% |
| 139 | IRON MTN INC DEL | 46284V101 | 2,450 | $210,798 | 0.04% |
| 140 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 10,000 | $203,100 | 0.04% |
| 141 | THE REALREAL INC | 88339P101 | 33,400 | $180,026 | 0.04% |
| 142 | EASTMAN KODAK CO | KODK | 25,555 | $161,507 | 0.03% |
| 143 | SSR MINING IN | SSRGF | 11,700 | $117,223 | 0.02% |
| 144 | JAPAN SMALLER CAPITALIZATION | JOF | 11,900 | $99,841 | 0.02% |