13F HOLDINGS REPORT
Waratah Capital Advisors Ltd.
Quarter ended Q3 2025 · Filed November 10, 2025 · Accession 0002060757-25-000005
Total Value
$5.66B
Positions
183
Other Managers
0
Confidential Omitted
No
Holdings (183)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INVESCO QQQ TR | IVZ | 2,279,300 | $1.37B | 24.17% |
| 2 | SPDR GOLD TR | GLD | 2,827,400 | $1.01B | 17.75% |
| 3 | ISHARES TR | 464288513 | 4,310,000 | $349.9M | 6.18% |
| 4 | VANECK ETF TRUST | 92189F106 | 3,832,700 | $292.8M | 5.17% |
| 5 | ISHARES TR | 464287432 | 3,100,200 | $277.1M | 4.89% |
| 6 | SPDR GOLD TR | GLD | 474,000 | $168.5M | 2.98% |
| 7 | SELECT SECTOR SPDR TR | 81369Y886 | 1,370,000 | $119.5M | 2.11% |
| 8 | INVESCO EXCHANGE TRADED FD T | IVZ | 550,000 | $104.3M | 1.84% |
| 9 | CENTERRA GOLD INC | CGAU | 6,954,407 | $74.6M | 1.32% |
| 10 | ISHARES TR | 464287655 | 279,200 | $67.6M | 1.19% |
| 11 | PAN AMERN SILVER CORP | 697900108 | 1,340,842 | $51.9M | 0.92% |
| 12 | ROGERS COMMUNICATIONS INC | RCIAF | 1,450,000 | $50.0M | 0.88% |
| 13 | TELEDYNE TECHNOLOGIES INC | TDY | 82,596 | $48.4M | 0.86% |
| 14 | KINROSS GOLD CORP | KGCRF | 1,869,033 | $46.4M | 0.82% |
| 15 | ISHARES SILVER TR | SLV | 1,042,500 | $44.2M | 0.78% |
| 16 | FLOOR & DECOR HLDGS INC | FND | 572,801 | $42.2M | 0.75% |
| 17 | DANAHER CORPORATION | 235851102 | 201,578 | $40.0M | 0.71% |
| 18 | EQUINOX GOLD CORP | EQX | 3,526,159 | $39.6M | 0.70% |
| 19 | VAIL RESORTS INC | MTN | 228,388 | $34.2M | 0.60% |
| 20 | SHARKNINJA INC | SN | 306,133 | $31.6M | 0.56% |
| 21 | NEXGEN ENERGY LTD | NXE | 3,453,329 | $30.9M | 0.55% |
| 22 | EQUITY LIFESTYLE PPTYS INC | 29472R108 | 480,572 | $29.2M | 0.52% |
| 23 | TRANE TECHNOLOGIES PLC | TT | 68,982 | $29.1M | 0.51% |
| 24 | CENOVUS ENERGY INC | CVE | 1,678,336 | $28.5M | 0.50% |
| 25 | VIZSLA SILVER CORP | VZLA | 6,554,415 | $28.3M | 0.50% |
| 26 | AGNICO EAGLE MINES LTD | AEM | 166,852 | $28.1M | 0.50% |
| 27 | IAMGOLD CORP | IAG | 2,113,558 | $27.3M | 0.48% |
| 28 | MARTIN MARIETTA MATLS INC | 573284106 | 38,681 | $24.4M | 0.43% |
| 29 | CANADIAN NAT RES LTD | 136385101 | 757,028 | $24.2M | 0.43% |
| 30 | COSTCO WHSL CORP NEW | 22160K105 | 25,900 | $24.0M | 0.42% |
| 31 | CHENIERE ENERGY INC | LNG | 99,468 | $23.4M | 0.41% |
| 32 | SKEENA RES LTD NEW | 83056P715 | 1,227,900 | $22.6M | 0.40% |
| 33 | POOL CORP | POOL | 71,891 | $22.3M | 0.39% |
| 34 | COMFORT SYS USA INC | 199908104 | 26,852 | $22.2M | 0.39% |
| 35 | ROGERS COMMUNICATIONS INC | RCIAF | 609,300 | $21.0M | 0.37% |
| 36 | MCCORMICK & CO INC | MKC-V | 313,439 | $21.0M | 0.37% |
| 37 | MICROSOFT CORP | MSFT | 40,000 | $20.7M | 0.37% |
| 38 | ENTERGY CORP NEW | ENO | 216,584 | $20.2M | 0.36% |
| 39 | ROPER TECHNOLOGIES INC | ROP | 38,892 | $19.4M | 0.34% |
| 40 | TORONTO DOMINION BK ONT | TORO | 241,926 | $19.3M | 0.34% |
| 41 | SPDR SERIES TRUST | 78464A698 | 300,000 | $19.0M | 0.34% |
| 42 | ARISTA NETWORKS INC | ANET | 126,492 | $18.4M | 0.33% |
| 43 | BROOKFIELD CORP | 11271J107 | 400,000 | $18.3M | 0.32% |
| 44 | CINTAS CORP | CTAS | 84,000 | $17.2M | 0.30% |
| 45 | VISTRA CORP | VST | 86,521 | $17.0M | 0.30% |
| 46 | ROYAL BK CDA | 780087102 | 107,588 | $15.8M | 0.28% |
| 47 | BROADCOM INC | AVGO | 47,807 | $15.8M | 0.28% |
| 48 | CHIPOTLE MEXICAN GRILL INC | CMG | 400,000 | $15.7M | 0.28% |
| 49 | CHIPOTLE MEXICAN GRILL INC | CMG | 398,934 | $15.6M | 0.28% |
| 50 | EXPAND ENERGY CORPORATION | EXE | 144,396 | $15.3M | 0.27% |
| 51 | PROLOGIS INC. | PLDGP | 133,259 | $15.3M | 0.27% |
| 52 | WELLTOWER INC | WELL | 84,837 | $15.1M | 0.27% |
| 53 | VERTIV HOLDINGS CO | VRT | 90,341 | $13.6M | 0.24% |
| 54 | XPO INC | XPO | 103,353 | $13.4M | 0.24% |
| 55 | SPDR SERIES TRUST | 78464A698 | 200,000 | $12.7M | 0.22% |
| 56 | ORLA MNG LTD NEW | 68634K106 | 1,170,554 | $12.6M | 0.22% |
| 57 | LENNAR CORP | LEN-B | 100,000 | $12.6M | 0.22% |
| 58 | KRANESHARES TRUST | 500767306 | 300,000 | $12.6M | 0.22% |
| 59 | CONSTELLATION ENERGY CORP | CEG | 38,143 | $12.6M | 0.22% |
| 60 | JPMORGAN CHASE & CO. | VYLD | 39,115 | $12.3M | 0.22% |
| 61 | CATERPILLAR INC | CAT | 25,584 | $12.2M | 0.22% |
| 62 | SUN CMNTYS INC | 866674104 | 94,028 | $12.1M | 0.21% |
| 63 | CUMMINS INC | CMI | 28,019 | $11.8M | 0.21% |
| 64 | BANK MONTREAL QUE | 063671101 | 90,548 | $11.8M | 0.21% |
| 65 | ISHARES BITCOIN TRUST ETF | IBIT | 180,500 | $11.7M | 0.21% |
| 66 | ISHARES TR | 464287515 | 100,000 | $11.5M | 0.20% |
| 67 | SPDR SERIES TRUST | 78464A714 | 130,000 | $11.2M | 0.20% |
| 68 | MAGNA INTL INC | 559222401 | 235,500 | $11.2M | 0.20% |
| 69 | B2GOLD CORP | BTG | 2,250,259 | $11.1M | 0.20% |
| 70 | ARISTA NETWORKS INC | ANET | 75,000 | $10.9M | 0.19% |
| 71 | FRANCO NEV CORP | FNV | 48,956 | $10.9M | 0.19% |
| 72 | DEVON ENERGY CORP NEW | 25179M103 | 308,207 | $10.8M | 0.19% |
| 73 | NVENT ELECTRIC PLC | NVT | 109,140 | $10.8M | 0.19% |
| 74 | TALEN ENERGY CORP | TLN | 25,294 | $10.8M | 0.19% |
| 75 | EXPAND ENERGY CORPORATION | EXE | 100,000 | $10.6M | 0.19% |
| 76 | MICRON TECHNOLOGY INC | MU | 60,000 | $10.0M | 0.18% |
| 77 | BROADCOM INC | AVGO | 30,000 | $9.9M | 0.17% |
| 78 | BANK AMERICA CORP | 060505104 | 191,681 | $9.9M | 0.17% |
| 79 | AMAZON COM INC | AMZN | 45,000 | $9.9M | 0.17% |
| 80 | COEUR MNG INC | 192108504 | 525,785 | $9.9M | 0.17% |
| 81 | SPDR S&P 500 ETF TR | SPY | 14,800 | $9.9M | 0.17% |
| 82 | EMCOR GROUP INC | EME | 14,822 | $9.6M | 0.17% |
| 83 | IMPERIAL OIL LTD | IMO | 100,000 | $9.1M | 0.16% |
| 84 | FOX CORP | FOX | 142,026 | $9.0M | 0.16% |
| 85 | HOME DEPOT INC | HD | 22,095 | $9.0M | 0.16% |
| 86 | CANADIAN IMPERIAL BANK OF CO | CNDIF | 111,809 | $8.9M | 0.16% |
| 87 | SPROTT INC | SII | 106,459 | $8.9M | 0.16% |
| 88 | BRP INC | DOO | 145,328 | $8.8M | 0.16% |
| 89 | AMPHENOL CORP NEW | 032095101 | 70,934 | $8.8M | 0.16% |
| 90 | SHERWIN WILLIAMS CO | SHW | 25,000 | $8.7M | 0.15% |
| 91 | PROLOGIS INC. | PLDGP | 75,000 | $8.6M | 0.15% |
| 92 | DT MIDSTREAM INC | DTM | 75,000 | $8.5M | 0.15% |
| 93 | AT&T INC | T-PC | 300,000 | $8.5M | 0.15% |
| 94 | AT&T INC | T-PC | 293,201 | $8.3M | 0.15% |
| 95 | CANADIAN PACIFIC KANSAS CITY | CP | 108,819 | $8.1M | 0.14% |
| 96 | COLLIERS INTL GROUP INC | 194693107 | 50,000 | $7.8M | 0.14% |
| 97 | ISHARES SILVER TR | SLV | 180,000 | $7.6M | 0.13% |
| 98 | SENSIENT TECHNOLOGIES CORP | SXT | 79,486 | $7.5M | 0.13% |
| 99 | UNITED STS OIL FD LP | UNTCW | 100,000 | $7.4M | 0.13% |
| 100 | SPOTIFY TECHNOLOGY S A | SPOT | 10,531 | $7.4M | 0.13% |
| 101 | STANTEC INC | STN | 66,092 | $7.1M | 0.13% |
| 102 | ORACLE CORP | ORCL-PD | 25,000 | $7.0M | 0.12% |
| 103 | CHEVRON CORP NEW | CVX | 45,000 | $7.0M | 0.12% |
| 104 | NVIDIA CORPORATION | NVDA | 36,000 | $6.7M | 0.12% |
| 105 | SPX TECHNOLOGIES INC | SPXC | 35,914 | $6.7M | 0.12% |
| 106 | CORNING INC | GLW | 78,034 | $6.4M | 0.11% |
| 107 | TELUS CORPORATION | TU | 396,669 | $6.3M | 0.11% |
| 108 | BWX TECHNOLOGIES INC | BWXT | 33,392 | $6.2M | 0.11% |
| 109 | PEMBINA PIPELINE CORP | PPLOF | 150,109 | $6.1M | 0.11% |
| 110 | FIRSTSERVICE CORP NEW | FSV | 31,677 | $6.0M | 0.11% |
| 111 | CURTISS WRIGHT CORP | CW | 10,858 | $5.9M | 0.10% |
| 112 | SUN LIFE FINANCIAL INC. | SUNFF | 96,701 | $5.8M | 0.10% |
| 113 | ISHARES BITCOIN TRUST ETF | IBIT | 83,529 | $5.4M | 0.10% |
| 114 | DEVON ENERGY CORP NEW | 25179M103 | 150,000 | $5.3M | 0.09% |
| 115 | THOMSON REUTERS CORP | TMSOF | 32,130 | $5.0M | 0.09% |
| 116 | VANECK ETF TRUST | 92189F791 | 50,000 | $5.0M | 0.09% |
| 117 | UNITED PARKS & RESORTS INC | PRKS | 92,022 | $4.8M | 0.08% |
| 118 | TRANSALTA CORP | TACPF | 334,994 | $4.6M | 0.08% |
| 119 | GILDAN ACTIVEWEAR INC | GIL | 78,487 | $4.5M | 0.08% |
| 120 | ALIBABA GROUP HLDG LTD | BBAAY | 25,087 | $4.5M | 0.08% |
| 121 | NVIDIA CORPORATION | NVDA | 22,639 | $4.2M | 0.07% |
| 122 | INTEL CORP | INTC | 120,500 | $4.0M | 0.07% |
| 123 | JOHNSON CTLS INTL PLC | G51502105 | 35,238 | $3.9M | 0.07% |
| 124 | CITIGROUP INC | C-PR | 37,924 | $3.8M | 0.07% |
| 125 | LENNAR CORP | LEN-B | 30,230 | $3.8M | 0.07% |
| 126 | LIVE NATION ENTERTAINMENT IN | LYV | 23,106 | $3.8M | 0.07% |
| 127 | UNITED AIRLS HLDGS INC | UNTCW | 38,360 | $3.7M | 0.07% |
| 128 | EVERCORE INC | EVR | 10,901 | $3.7M | 0.06% |
| 129 | WARRIOR MET COAL INC | HCC | 57,362 | $3.7M | 0.06% |
| 130 | C H ROBINSON WORLDWIDE INC | CHRW | 27,512 | $3.6M | 0.06% |
| 131 | CRANE COMPANY | CR | 19,768 | $3.6M | 0.06% |
| 132 | EATON CORP PLC | ETN | 9,706 | $3.6M | 0.06% |
| 133 | MAGNA INTL INC | 559222401 | 70,000 | $3.3M | 0.06% |
| 134 | HCM II ACQUISITION CORP | G43658106 | 198,188 | $3.3M | 0.06% |
| 135 | RTX CORPORATION | RTX | 18,835 | $3.2M | 0.06% |
| 136 | COLLIERS INTL GROUP INC | 194693107 | 20,108 | $3.1M | 0.06% |
| 137 | BEST BUY INC | BBY | 40,090 | $3.0M | 0.05% |
| 138 | CHURCHILL CAP CORP X | G2130T108 | 233,975 | $3.0M | 0.05% |
| 139 | ISHARES BITCOIN TRUST ETF | IBIT | 40,000 | $2.6M | 0.05% |
| 140 | KKR & CO INC | KKRT | 20,000 | $2.6M | 0.05% |
| 141 | KKR & CO INC | KKRT | 20,000 | $2.6M | 0.05% |
| 142 | L3HARRIS TECHNOLOGIES INC | LHX | 7,114 | $2.2M | 0.04% |
| 143 | ATLAS LITHIUM CORP | ATLX | 449,217 | $2.1M | 0.04% |
| 144 | META PLATFORMS INC | META | 2,839 | $2.1M | 0.04% |
| 145 | SIGMA LITHIUM CORPORATION | SGML | 296,330 | $1.9M | 0.03% |
| 146 | FERRARI N V | RACE | 3,909 | $1.9M | 0.03% |
| 147 | CAMECO CORP | CCJ | 22,467 | $1.9M | 0.03% |
| 148 | SHERWIN WILLIAMS CO | SHW | 5,413 | $1.9M | 0.03% |
| 149 | CANTOR EQUITY PARTNERS III I | G1828A108 | 177,756 | $1.8M | 0.03% |
| 150 | BARRICK MNG CORP | 06849F108 | 50,000 | $1.6M | 0.03% |
| 151 | HCM III ACQUISITION CORP | HCMAW | 143,164 | $1.5M | 0.03% |
| 152 | BERTO ACQUISITION CORP | TACOW | 141,907 | $1.5M | 0.03% |
| 153 | BOLD EAGLE ACQUISITION CORP | BEAGU | 139,993 | $1.5M | 0.03% |
| 154 | CANTOR EQUITY PARTNERS IV IN | G1828E100 | 142,884 | $1.5M | 0.03% |
| 155 | DIGITAL ASSET ACQUISITION CO | DAAQW | 142,324 | $1.5M | 0.03% |
| 156 | TRANSALTA CORP | TACPF | 100,000 | $1.4M | 0.02% |
| 157 | AMERICAN EXCEPTIONALISM ACQU ORD | AEXA | 107,520 | $1.2M | 0.02% |
| 158 | TOLL BROTHERS INC | TOL | 8,195 | $1.1M | 0.02% |
| 159 | QUANTA SVCS INC | 74762E102 | 2,442 | $1.0M | 0.02% |
| 160 | PYROPHYTE ACQUISITION CORP. | PAII-WT | 96,670 | $979,267 | 0.02% |
| 161 | MICROSOFT CORP | MSFT | 1,554 | $804,894 | 0.01% |
| 162 | TESLA INC | TSLA | 1,700 | $756,024 | 0.01% |
| 163 | COINBASE GLOBAL INC | COIN | 2,240 | $755,978 | 0.01% |
| 164 | SPDR SERIES TRUST | 78464A698 | 11,624 | $735,799 | 0.01% |
| 165 | BUILDERS FIRSTSOURCE INC | BLDR | 6,027 | $730,774 | 0.01% |
| 166 | IDEXX LABS INC | 45168D104 | 1,034 | $660,612 | 0.01% |
| 167 | AMERICAS GOLD AND SILVER COR | 03062D803 | 173,509 | $645,453 | 0.01% |
| 168 | SPROTT ASSET MANAGEMENT LP | SII | 27,777 | $436,099 | 0.01% |
| 169 | TERADYNE INC | TER | 3,135 | $431,501 | 0.01% |
| 170 | KRANESHARES TRUST | 500767751 | 12,525 | $401,802 | 0.01% |
| 171 | FLEX LTD | FLEX | 6,917 | $400,978 | 0.01% |
| 172 | BRUNSWICK CORP | BC-PC | 5,935 | $375,329 | 0.01% |
| 173 | ABERCROMBIE & FITCH CO | ANF | 4,289 | $366,924 | 0.01% |
| 174 | APPLIED INDL TECHNOLOGIES IN | 03820C105 | 1,385 | $361,554 | 0.01% |
| 175 | RBC BEARINGS INC | RBC | 924 | $360,628 | 0.01% |
| 176 | REGAL REXNORD CORPORATION | RRX | 2,437 | $349,563 | 0.01% |
| 177 | SENSATA TECHNOLOGIES HLDG PL | ST | 11,158 | $340,877 | 0.01% |
| 178 | MICRON TECHNOLOGY INC | MU | 1,983 | $331,796 | 0.01% |
| 179 | GE VERNOVA INC | GEV | 360 | $221,364 | 0.00% |
| 180 | APPLOVIN CORP | APP | 306 | $219,873 | 0.00% |
| 181 | NEBIUS GROUP N.V. | NBIS | 1,879 | $210,955 | 0.00% |
| 182 | INTEL CORP | INTC | 5,626 | $188,752 | 0.00% |
| 183 | ORACLE CORP | ORCL-PD | 250 | $70,310 | 0.00% |