# Cougar Global Investments Ltd

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1533119. Source: https://holderbook.com/funds/1533119-cougar-global-investments-ltd/

- Reported value: $110.9M
- Positions: 18
- Weight of the ten largest: 82.9%
- Filed: 2020-10-06

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $21.1M | 62,916 | 19.1% | 8 |
| ISHARES CANADIAN CORP BOND INDEX ETF | - | $12.7M | 752,500 | 11.5% | 8 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $11.5M | 97,634 | 10.4% | 8 |
| ISHARES GOLD TRUST | [IAUXXXX](https://holderbook.com/stocks/IAUXXXX/) | $9.3M | 515,280 | 8.4% | 6 |
| BMO SHORT CORP BOND INDEX TRUST ETF | - | $8.1M | 744,913 | 7.3% | 8 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $8.0M | 132,705 | 7.2% | 7 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $5.9M | 84,045 | 5.3% | 8 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $5.7M | 108,373 | 5.2% | 8 |
| ISHARES CDN SHORT TERM BOND INDEX ETF | - | $5.0M | 237,378 | 4.5% | 2 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $4.6M | 54,736 | 4.1% | 8 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $3.7M | 67,503 | 3.3% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.0M | 16,310 | 2.7% | 2 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $2.9M | 26,154 | 2.6% | 2 |
| ISHARES CORE S&P/TSX CAP COMP IND ETF | - | $2.5M | 132,583 | 2.3% | 2 |
| ISHARES INC | [EWG](https://holderbook.com/stocks/EWG/) | $2.2M | 74,293 | 2.0% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.7M | 6,229 | 1.6% | 7 |
| DBX ETF TR | [ASHR](https://holderbook.com/stocks/ASHR/) | $1.5M | 44,095 | 1.4% | 3 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $1.4M | 15,852 | 1.2% | 8 |

## 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 |
|---|---|---|---|---|
| Q3 2020 | +5.4% | +8.6% | -3.2% | 71% |
| Q2 2020 | +13.2% | +19.6% | -6.5% | 71% |
| Q1 2020 | -13.0% | -19.9% | +6.9% | 62% |
| Q2 2019 | +2.0% | +3.7% | -1.7% | 76% |
| Q1 2019 | +11.1% | +13.0% | -1.9% | 78% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $110.9M | 18 |
| Q2 2020 | $120.0M | 17 |
| Q1 2020 | $120.5M | 19 |
| Q4 2019 | $146.2M | 19 |
| Q3 2019 | $149.4M | 19 |
| Q2 2019 | $147.7M | 19 |
| Q1 2019 | $148.2M | 17 |
| Q4 2018 | $141.4M | 17 |