# BAROMETER CAPITAL MANAGEMENT INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1536890. Source: https://holderbook.com/funds/1536890-barometer-capital-management-inc/

- Reported value: $359.8M
- Positions: 136
- Weight of the ten largest: 35.0%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $17.7M | 16,632 | 4.9% | 4 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $14.6M | 33,690 | 4.1% | 5 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $13.3M | 398,050 | 3.7% | 5 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $13.3M | 49,331 | 3.7% | 14 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $12.1M | 41,580 | 3.4% | 1 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $11.6M | 70,960 | 3.2% | 6 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $11.0M | 9,400 | 3.1% | 5 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $10.8M | 68,070 | 3.0% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $10.8M | 51,720 | 3.0% | 1 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $10.6M | 75,700 | 2.9% | 1 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $10.6M | 42,500 | 2.9% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $10.6M | 52,800 | 2.9% | 5 |
| BANCO SANTANDER S.A. | [SAN](https://holderbook.com/stocks/SAN/) | $10.5M | 760,950 | 2.9% | 6 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $10.1M | 213,400 | 2.8% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $8.6M | 24,109 | 2.4% | 1 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $8.5M | 69,200 | 2.4% | 2 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $7.8M | 93,800 | 2.2% | 1 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $7.8M | 61,400 | 2.2% | 1 |
| ASE TECHNOLOGY HLDG CO LTD | [ASX](https://holderbook.com/stocks/ASX/) | $7.1M | 159,500 | 2.0% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $6.7M | 6,600 | 1.9% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $6.4M | 5,350 | 1.8% | 1 |
| GDS HLDGS LTD | [GDS](https://holderbook.com/stocks/GDS/) | $5.3M | 175,800 | 1.5% | 9 |
| TELEKOMUNIKASI IND | [TLK](https://holderbook.com/stocks/TLK/) | $5.1M | 382,000 | 1.4% | 2 |
| STMICROELECTRONICS N V | [STM](https://holderbook.com/stocks/STM/) | $4.4M | 58,100 | 1.2% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.0M | 16,900 | 1.1% | 1 |
| YPF SOCIEDAD ANONIMA | [YPF](https://holderbook.com/stocks/YPF/) | $3.9M | 86,200 | 1.1% | 2 |
| SUMITOMO MITSUI FIN GRP INC | [SMFG](https://holderbook.com/stocks/SMFG/) | $3.4M | 143,600 | 0.9% | 2 |
| BARCLAYS PLC | [BCS](https://holderbook.com/stocks/BCS/) | $3.1M | 113,600 | 0.8% | 6 |
| TEVA PHARMACEUTICAL INDS LTD | [TEVA](https://holderbook.com/stocks/TEVA/) | $3.0M | 89,000 | 0.8% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.9M | 9,870 | 0.8% | 1 |
| BANCO MACRO SA | [BMA](https://holderbook.com/stocks/BMA/) | $2.8M | 30,700 | 0.8% | 6 |
| COMPANIA DE MINAS BUENAVENTU | [BVN](https://holderbook.com/stocks/BVN/) | $2.5M | 84,600 | 0.7% | 6 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $2.4M | 184,200 | 0.7% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.3M | 4,790 | 0.6% | 2 |
| SOCIEDAD QUIMICA Y MINERA DE | [SQM](https://holderbook.com/stocks/SQM/) | $2.1M | 29,000 | 0.6% | 2 |
| BANCO BRADESCO S A | [BBD](https://holderbook.com/stocks/BBD/) | $2.1M | 629,600 | 0.6% | 4 |
| BANCO BILBAO VIZCAYA ARGENTA | [BBVA](https://holderbook.com/stocks/BBVA/) | $2.1M | 84,200 | 0.6% | 6 |
| GRUPO CIBEST SA | [CIB](https://holderbook.com/stocks/CIB/) | $2.0M | 25,600 | 0.6% | 5 |
| SITIME CORP | [SITM](https://holderbook.com/stocks/SITM/) | $2.0M | 2,700 | 0.6% | 1 |
| NATWEST GROUP PLC | [NWG](https://holderbook.com/stocks/NWG/) | $2.0M | 114,000 | 0.6% | 11 |
| HARMONY GOLD MNG LTD | [HMY](https://holderbook.com/stocks/HMY/) | $1.9M | 125,400 | 0.5% | 7 |
| ECOPETROL S A | [EC](https://holderbook.com/stocks/EC/) | $1.9M | 133,500 | 0.5% | 6 |
| MITSUBISHI UFJ FINANCIAL GRO | [MUFG](https://holderbook.com/stocks/MUFG/) | $1.9M | 95,000 | 0.5% | 9 |
| ARCELORMITTAL SA LUXEMBOURG | [MT](https://holderbook.com/stocks/MT/) | $1.9M | 30,900 | 0.5% | 1 |
| ARGENX SE | [ARGX](https://holderbook.com/stocks/ARGX/) | $1.8M | 1,950 | 0.5% | 2 |
| SHINHAN FINANCIAL GROUP CO L | [SHG](https://holderbook.com/stocks/SHG/) | $1.8M | 28,200 | 0.5% | 1 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $1.7M | 11,000 | 0.5% | 2 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $1.7M | 35,100 | 0.5% | 2 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $1.7M | 34,700 | 0.5% | 1 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $1.7M | 14,525 | 0.5% | 6 |
| VODAFONE GROUP PLC | [VOD](https://holderbook.com/stocks/VOD/) | $1.6M | 123,000 | 0.5% | 2 |
| COMPANHIA DE SANEAMENTO BASI | [SBS](https://holderbook.com/stocks/SBS/) | $1.6M | 278,250 | 0.4% | 4 |
| POSCO HOLDINGS INC | [PKX](https://holderbook.com/stocks/PKX/) | $1.6M | 30,600 | 0.4% | 2 |
| SPHERE ENTERTAINMENT CO | [SPHR](https://holderbook.com/stocks/SPHR/) | $1.5M | 8,900 | 0.4% | 1 |
| GRUPO TELEVISA S A B | [TV](https://holderbook.com/stocks/TV/) | $1.4M | 529,700 | 0.4% | 9 |
| ASCENDIS PHARMA A/S | [ASND](https://holderbook.com/stocks/ASND/) | $1.4M | 5,370 | 0.4% | 1 |
| ANGLOGOLD ASHANTI LIMITED | [AUXXXX](https://holderbook.com/stocks/AUXXXX/) | $1.4M | 17,600 | 0.4% | 1 |
| WOODSIDE ENERGY GROUP LTD | [WDS](https://holderbook.com/stocks/WDS/) | $1.4M | 71,600 | 0.4% | 2 |
| TELEFONICA BRASIL SA | [VIV](https://holderbook.com/stocks/VIV/) | $1.3M | 102,100 | 0.4% | 2 |
| GOLD FIELDS LTD | [GFI](https://holderbook.com/stocks/GFI/) | $1.3M | 39,200 | 0.4% | 11 |
| FRESENIUS MEDICAL CARE AG | [FMS](https://holderbook.com/stocks/FMS/) | $1.3M | 58,200 | 0.4% | 5 |
| KB FINL GROUP INC | [KB](https://holderbook.com/stocks/KB/) | $1.3M | 12,500 | 0.4% | 11 |
| EMBRAER S.A. | [EMBJ](https://holderbook.com/stocks/EMBJ/) | $1.3M | 20,300 | 0.4% | 6 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $1.3M | 11,750 | 0.3% | 6 |
| GENMAB A/S | [GMAB](https://holderbook.com/stocks/GMAB/) | $1.2M | 45,400 | 0.3% | 5 |
| NICE LTD | [NICE](https://holderbook.com/stocks/NICE/) | $1.2M | 13,500 | 0.3% | 1 |
| LAKEFRONT BIOTHERAPEUTICS NV | [LKFT](https://holderbook.com/stocks/LKFT/) | $1.2M | 40,800 | 0.3% | 11 |
| SASOL LTD | [SSL](https://holderbook.com/stocks/SSL/) | $1.2M | 124,200 | 0.3% | 7 |
| LI AUTO INC | [LI](https://holderbook.com/stocks/LI/) | $1.1M | 93,000 | 0.3% | 2 |
| WOORI FINL GROUP INC | [WF](https://holderbook.com/stocks/WF/) | $1.1M | 18,800 | 0.3% | 2 |
| MINISO GROUP HLDG LTD | [MNSO](https://holderbook.com/stocks/MNSO/) | $1.0M | 85,300 | 0.3% | 1 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $1.0M | 4,300 | 0.3% | 1 |
| FIRST TR EXCHANGE TRADED FD | [FXZ](https://holderbook.com/stocks/FXZ/) | $977.1K | 12,300 | 0.3% | 2 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $950.4K | 37,300 | 0.3% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $945.0K | 2,900 | 0.3% | 1 |
| KOREA ELEC PWR CORP | [KEP](https://holderbook.com/stocks/KEP/) | $928.1K | 76,700 | 0.3% | 6 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $891.8K | 5,590 | 0.2% | 1 |
| CRITEO S A | [CRTO](https://holderbook.com/stocks/CRTO/) | $879.3K | 48,100 | 0.2% | 6 |
| DAQO NEW ENERGY CORP | [DQ](https://holderbook.com/stocks/DQ/) | $861.0K | 64,300 | 0.2% | 6 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $806.2K | 8,400 | 0.2% | 6 |
| FUTU HLDGS LTD | [FUTU](https://holderbook.com/stocks/FUTU/) | $796.8K | 8,500 | 0.2% | 11 |
| ISHARES INC | [PICK](https://holderbook.com/stocks/PICK/) | $790.8K | 13,600 | 0.2% | 1 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $785.1K | 10,200 | 0.2% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $778.9K | 9,300 | 0.2% | 1 |
| LUFAX HOLDING LTD | [LU](https://holderbook.com/stocks/LU/) | $756.1K | 572,800 | 0.2% | 9 |
| INVESCO EXCH TRADED FD TR II | [KBWB](https://holderbook.com/stocks/KBWB/) | $678.8K | 7,300 | 0.2% | 1 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $664.9K | 19,800 | 0.2% | 6 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $648.7K | 1,800 | 0.2% | 2 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $630.9K | 2,100 | 0.2% | 1 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $624.6K | 10,600 | 0.2% | 1 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $617.0K | 32,700 | 0.2% | 2 |
| COSAN S A | [CSAN](https://holderbook.com/stocks/CSAN/) | $616.3K | 214,000 | 0.2% | 6 |
| ISHARES INC | [EWS](https://holderbook.com/stocks/EWS/) | $610.0K | 20,600 | 0.2% | 1 |
| ISHARES TR | [EUFN](https://holderbook.com/stocks/EUFN/) | $604.3K | 15,500 | 0.2% | 1 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $603.4K | 20,000 | 0.2% | 2 |
| RELX PLC | [RELX](https://holderbook.com/stocks/RELX/) | $598.6K | 18,900 | 0.2% | 4 |
| INVESCO EXCH TRADED FD TR II | [PSCI](https://holderbook.com/stocks/PSCI/) | $595.4K | 3,200 | 0.2% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $583.6K | 7,200 | 0.2% | 1 |
| ISHARES TR | [IYT](https://holderbook.com/stocks/IYT/) | $581.2K | 6,700 | 0.2% | 1 |
| VANECK ETF TRUST | [GDXJ](https://holderbook.com/stocks/GDXJ/) | $579.7K | 5,900 | 0.2% | 2 |

## 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 | +1.1% | +14.8% | -13.7% | 88% |
| Q1 2026 | +2.9% | -4.6% | +7.5% | 103% |
| Q4 2025 | +5.3% | +2.4% | +2.9% | 89% |
| Q3 2025 | +9.7% | +7.8% | +1.8% | 93% |
| Q2 2025 | +11.8% | +10.5% | +1.3% | 87% |
| Q1 2025 | +2.1% | -4.6% | +6.7% | 98% |
| Q4 2024 | -0.7% | +2.1% | -2.9% | 92% |
| Q3 2024 | +7.1% | +5.4% | +1.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $359.8M | 136 |
| Q1 2026 | $292.2M | 114 |
| Q4 2025 | $415.3M | 131 |
| Q3 2025 | $437.3M | 173 |
| Q2 2025 | $361.8M | 178 |
| Q1 2025 | $268.5M | 146 |
| Q4 2024 | $249.7M | 133 |
| Q3 2024 | $346.7M | 161 |
| Q2 2024 | $259.3M | 173 |
| Q1 2024 | $385.5M | 173 |
| Q4 2023 | $352.7M | 177 |
| Q3 2023 | $317.3M | 104 |