Institutional Manager · CIK 0001503269
Heathbridge Capital Management Ltd.
TORONTO, A6 · File #028-14006
Latest AUM
$261.7M
Positions
29
Top-10 Concentration
66.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | MAGNA INTL INC | 559222401 | -144,775 | -$6.9M | $0 |
| ADD | SOUTH BOW CORP | SOBO | +214,150 | +$5.9M | -$152,183 |
| ADD | TELUS CORPORATION | TU | +387,700 | +$5.1M | -$2.0M |
| REDUCE | AMERCIAN ELEC PWR CO INC | 025537101 | -44,250 | -$5.1M | +$618,340 |
| REDUCE | ALPHABET INC | GOOG | -14,375 | -$4.5M | +$3.6M |
| REDUCE | AGNICO EAGLE MINES LTD | AEM | -23,415 | -$4.0M | +$174,021 |
| ADD | VERIZON COMMUNICATIONS INC | VZ | +57,800 | +$2.4M | -$1.5M |
| REDUCE | HUDBAY MINERALS INC | HBM | -51,090 | -$1.0M | +$1.2M |
| REDUCE | TC ENERGY CORP | TRPRF | -18,300 | -$1.0M | +$323,019 |
| ADD | AUTOMATIC DATA PROCESSING IN | ADP | +2,715 | +$698,379 | -$992,891 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202529 pos · $261.7M
- 13F HOLDINGS REPORTQ/E Sep 202528 pos · $260.5M
- 13F HOLDINGS REPORTQ/E Jun 202526 pos · $248.9M
- 13F HOLDINGS REPORTQ/E Mar 202529 pos · $246.2M
- 13F HOLDINGS REPORTQ/E Dec 202429 pos · $251.3M
- 13F HOLDINGS REPORTQ/E Sep 202429 pos · $263.2M
- 13F HOLDINGS REPORTQ/E Jun 202428 pos · $236.0M
- 13F HOLDINGS REPORTQ/E Mar 202430 pos · $258.7M
- 13F HOLDINGS REPORTQ/E Dec 202328 pos · $218.4M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 245,100 | $23.1M | 8.84% |
| 2 | VERIZON COMMUNICATIONS INC | VZ | 531,800 | $21.7M | 8.28% |
| 3 | TC ENERGY CORP | TRPRF | 385,100 | $21.2M | 8.11% |
| 4 | AMERCIAN ELEC PWR CO INC | 025537101 | 175,800 | $20.3M | 7.74% |
| 5 | MANULIFE FINL CORP | 56501R106 | 459,350 | $16.7M | 6.38% |
| 6 | AGNICO EAGLE MINES LTD | AEM | 93,135 | $15.8M | 6.04% |
| 7 | TELUS CORPORATION | TU | 1,160,500 | $15.3M | 5.85% |
| 8 | ROYAL BK CDA | 780087102 | 82,500 | $14.1M | 5.38% |
| 9 | MICROSOFT CORP | MSFT | 28,380 | $13.7M | 5.24% |
| 10 | ALPHABET INC | GOOG | 37,400 | $11.7M | 4.47% |
| 11 | SOUTH BOW CORP | SOBO | 419,950 | $11.6M | 4.42% |
| 12 | CAE INC | CAE | 377,600 | $11.5M | 4.39% |
| 13 | CANADIAN NAT RES LTD | 136385101 | 338,100 | $11.5M | 4.38% |
| 14 | TECK RESOURCES LTD | TCKRF | 232,300 | $11.1M | 4.26% |
| 15 | HALEON PLC | HLNCF | 1,050,050 | $10.6M | 4.06% |
| 16 | CANADIAN PACIFIC KANSAS CITY | CP | 117,675 | $8.7M | 3.31% |
| 17 | AUTOMATIC DATA PROCESSING IN | ADP | 30,090 | $7.7M | 2.96% |
| 18 | ZOETIS INC | ZTS | 59,425 | $7.5M | 2.86% |
| 19 | HUDBAY MINERALS INC | HBM | 211,910 | $4.2M | 1.61% |
| 20 | NEWMONT CORP | NEMCL | 6,850 | $683,973 | 0.26% |