# MUFG SECURITIES (CANADA), LTD.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1656187. Source: https://holderbook.com/funds/1656187-mufg-securities-canada-ltd/

- Reported value: $3.7B
- Positions: 43
- Weight of the ten largest: 59.6%
- 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 |
|---|---|---|---|---|---|
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $408.8M | 1,977,134 | 11.0% | 10 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $295.8M | 4,473,642 | 8.0% | 17 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $287.0M | 2,364,122 | 7.7% | 10 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $250.9M | 6,350,644 | 6.8% | 10 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $197.1M | 1,725,549 | 5.3% | 10 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $175.0M | 991,466 | 4.7% | 10 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $167.2M | 3,088,830 | 4.5% | 10 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $150.9M | 1,738,562 | 4.1% | 17 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $149.7M | 1,301,918 | 4.0% | 17 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $128.7M | 3,022,165 | 3.5% | 10 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $111.6M | 719,467 | 3.0% | 10 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $108.7M | 1,255,756 | 2.9% | 10 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $95.6M | 2,360,746 | 2.6% | 10 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $91.2M | 765,088 | 2.5% | 10 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $89.7M | 1,670,236 | 2.4% | 10 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $87.0M | 2,370,106 | 2.3% | 5 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $72.1M | 642,347 | 1.9% | 10 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $62.7M | 616,087 | 1.7% | 10 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $61.4M | 783,684 | 1.7% | 10 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $60.1M | 361,031 | 1.6% | 10 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $59.2M | 162,633 | 1.6% | 3 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $56.8M | 272,806 | 1.5% | 10 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $47.3M | 1,909,564 | 1.3% | 10 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $42.8M | 680,109 | 1.2% | 10 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $41.2M | 720,199 | 1.1% | 10 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $39.9M | 1,687,005 | 1.1% | 10 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $38.0M | 822,347 | 1.0% | 10 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $37.7M | 634,071 | 1.0% | 10 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $35.6M | 491,312 | 1.0% | 10 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $28.4M | 1,319,114 | 0.8% | 10 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $23.9M | 532,989 | 0.6% | 10 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $23.8M | 212,062 | 0.6% | 10 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $23.8M | 361,974 | 0.6% | 10 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $23.6M | 647,312 | 0.6% | 10 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $23.3M | 2,208,650 | 0.6% | 10 |
| EMERA INC | [EMA](https://holderbook.com/stocks/EMA/) | $22.9M | 432,773 | 0.6% | 5 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $17.7M | 546,260 | 0.5% | 10 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $17.1M | 264,997 | 0.5% | 10 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $15.1M | 185,253 | 0.4% | 1 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $13.5M | 261,950 | 0.4% | 10 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $11.4M | 454,829 | 0.3% | 10 |
| FIRSTSERVICE CORP NEW | [FSV](https://holderbook.com/stocks/FSV/) | $8.3M | 58,540 | 0.2% | 10 |
| OPEN TEXT CORP | [OTEX](https://holderbook.com/stocks/OTEX/) | $7.6M | 342,649 | 0.2% | 10 |

## 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 | +5.3% | +14.8% | -9.5% | 100% |
| Q1 2026 | +3.4% | -4.6% | +8.0% | 100% |
| Q4 2025 | +6.1% | +2.4% | +3.7% | 100% |
| Q3 2025 | +11.7% | +7.8% | +3.9% | 100% |
| Q2 2025 | +11.4% | +10.5% | +0.9% | 100% |
| Q1 2025 | +0.5% | -4.6% | +5.1% | 100% |
| Q4 2024 | -5.6% | +2.1% | -7.7% | 100% |
| Q3 2024 | +17.4% | +5.4% | +12.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.7B | 43 |
| Q1 2026 | $3.5B | 43 |
| Q4 2025 | $3.6B | 43 |
| Q3 2025 | $3.6B | 43 |
| Q2 2025 | $3.3B | 43 |
| Q1 2025 | $2.9B | 42 |
| Q4 2024 | $2.8B | 42 |
| Q3 2024 | $2.2B | 42 |
| Q2 2024 | $1.5B | 42 |
| Q1 2024 | $790.7M | 42 |
| Q4 2023 | $354.4M | 3 |
| Q1 2022 | $1.1B | 5 |