# Heathbridge Capital Management Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1503269. Source: https://holderbook.com/funds/1503269-heathbridge-capital-management-ltd/

- Reported value: $292.4M
- Positions: 28
- Weight of the ten largest: 60.0%
- Filed: 2026-07-28

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $25.8M | 212,550 | 8.8% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $20.3M | 480,050 | 7.0% | 31 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $19.4M | 293,225 | 6.6% | 29 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $18.5M | 456,800 | 6.3% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $18.0M | 131,600 | 6.2% | 14 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $15.6M | 190,743 | 5.3% | 1 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $15.5M | 1,466,100 | 5.3% | 31 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $15.4M | 74,500 | 5.3% | 31 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $14.4M | 92,910 | 4.9% | 11 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $12.6M | 56,475 | 4.3% | 31 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $11.9M | 476,800 | 4.1% | 10 |
| SOUTH BOW CORP | [SOBO](https://holderbook.com/stocks/SOBO/) | $11.9M | 338,000 | 4.1% | 5 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $11.7M | 65,275 | 4.0% | 3 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $11.6M | 105,600 | 4.0% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $11.2M | 31,335 | 3.8% | 7 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $11.1M | 281,325 | 3.8% | 16 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $10.8M | 150,725 | 3.7% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $10.5M | 28,140 | 3.6% | 15 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $10.1M | 117,025 | 3.5% | 13 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $9.8M | 165,450 | 3.4% | 29 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $3.3M | 139,250 | 1.1% | 31 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $721.6K | 8,300 | 0.2% | 3 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $659.5K | 11,700 | 0.2% | 31 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $499.7K | 5,350 | 0.2% | 30 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $352.1K | 2,575 | 0.1% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $330.9K | 660 | 0.1% | 4 |
| DENISON MINES CORP | [DNN](https://holderbook.com/stocks/DNN/) | $306.1K | 100,000 | 0.1% | 31 |
| GOLD ROYALTY CORP | [GROY](https://holderbook.com/stocks/GROY/) | $55.2K | 20,000 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +2.5% | +14.8% | -12.3% | 100% |
| Q1 2026 | +5.0% | -4.6% | +9.7% | 100% |
| Q4 2025 | +4.2% | +2.4% | +1.8% | 100% |
| Q3 2025 | +7.9% | +7.8% | +0.1% | 100% |
| Q2 2025 | +8.2% | +10.5% | -2.3% | 100% |
| Q1 2025 | +2.4% | -4.6% | +7.0% | 100% |
| Q4 2024 | -6.5% | +2.1% | -8.6% | 100% |
| Q3 2024 | +12.0% | +5.4% | +6.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $292.4M | 28 |
| Q1 2026 | $275.2M | 29 |
| Q4 2025 | $261.7M | 29 |
| Q3 2025 | $260.5M | 28 |
| Q2 2025 | $248.9M | 26 |
| Q1 2025 | $246.2M | 29 |
| Q4 2024 | $251.3M | 29 |
| Q3 2024 | $263.2M | 29 |
| Q2 2024 | $236.0M | 28 |
| Q1 2024 | $258.7M | 30 |
| Q4 2023 | $233.1M | 30 |
| Q3 2023 | $218.4M | 28 |