# SIG North Trading, ULC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1868643. Source: https://holderbook.com/funds/1868643-sig-north-trading-ulc/

- Reported value: $5.4B
- Positions: 115
- Weight of the ten largest: 62.0%
- Filed: 2026-08-14

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/) | $557.9M | 0 | 10.3% | 18 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $496.5M | 899,155 | 9.2% | 18 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $469.4M | 1,284,517 | 8.7% | 18 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $349.1M | 48,961 | 6.4% | 18 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $338.7M | 217,667 | 6.2% | 18 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $263.0M | 1,459,384 | 4.8% | 18 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $258.4M | 97,348 | 4.8% | 18 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $221.4M | 6,627,536 | 4.1% | 18 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $218.8M | 297,615 | 4.0% | 18 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $191.3M | 2,280,098 | 3.5% | 18 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $167.2M | 0 | 3.1% | 18 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $143.9M | 119,875 | 2.7% | 18 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $136.3M | 0 | 2.5% | 18 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $132.1M | 0 | 2.4% | 18 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $119.1M | 0 | 2.2% | 18 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $102.4M | 0 | 1.9% | 18 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $94.5M | 0 | 1.7% | 18 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $94.0M | 0 | 1.7% | 18 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $71.6M | 412,239 | 1.3% | 5 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $71.6M | 43,546 | 1.3% | 18 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $47.6M | 0 | 0.9% | 18 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $47.2M | 0 | 0.9% | 9 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $37.9M | 0 | 0.7% | 8 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $37.9M | 0 | 0.7% | 14 |
| BROOKFIELD RENEWABLE ENERGY | [BEP](https://holderbook.com/stocks/BEP/) | $31.6M | 38,878 | 0.6% | 5 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $31.4M | 17,344 | 0.6% | 18 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $31.2M | 65,082 | 0.6% | 18 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $30.4M | 30,415 | 0.6% | 18 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $26.7M | 0 | 0.5% | 12 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $26.2M | 0 | 0.5% | 13 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $25.4M | 0 | 0.5% | 18 |
| EMERA INC | [EMA](https://holderbook.com/stocks/EMA/) | $23.3M | 0 | 0.4% | 5 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $23.0M | 1,219 | 0.4% | 18 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $22.8M | 8,115 | 0.4% | 18 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $22.3M | 49,633 | 0.4% | 1 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $21.3M | 0 | 0.4% | 18 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $21.3M | 15,566 | 0.4% | 18 |
| TRANSALTA CORP | [TAC](https://holderbook.com/stocks/TAC/) | $19.7M | 90,847 | 0.4% | 16 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $18.9M | 102,740 | 0.3% | 18 |
| HUT 8 CORP | [HUT](https://holderbook.com/stocks/HUT/) | $17.2M | 0 | 0.3% | 10 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $14.8M | 0 | 0.3% | 18 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $14.6M | 16,058 | 0.3% | 18 |
| MDA SPACE LTD | [MDA](https://holderbook.com/stocks/MDA/) | $14.6M | 0 | 0.3% | 2 |
| ALLIED GOLD CORP | [AAUC](https://holderbook.com/stocks/AAUC/) | $14.6M | 71,177 | 0.3% | 3 |
| FIRST MAJESTIC SILVER CORP | [AG](https://holderbook.com/stocks/AG/) | $13.4M | 214,459 | 0.2% | 18 |
| BLACKBERRY LTD | [BB](https://holderbook.com/stocks/BB/) | $13.3M | 0 | 0.2% | 18 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $13.2M | 20,340 | 0.2% | 18 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $11.9M | 30,306 | 0.2% | 18 |
| OVINTIV INC | [OVV](https://holderbook.com/stocks/OVV/) | $10.0M | 0 | 0.2% | 18 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $9.8M | 0 | 0.2% | 12 |
| SOUTH BOW CORP | [SOBO](https://holderbook.com/stocks/SOBO/) | $9.7M | 61,171 | 0.2% | 7 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $9.6M | 0 | 0.2% | 3 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $9.4M | 14,881 | 0.2% | 18 |
| B2GOLD CORP | [BTG](https://holderbook.com/stocks/BTG/) | $8.7M | 1,171,530 | 0.2% | 18 |
| AYA GOLD & SILVER INC | [AYA](https://holderbook.com/stocks/AYA/) | $8.2M | 69,627 | 0.2% | 1 |
| BOYD GROUP SERVICES INC | [BGSI](https://holderbook.com/stocks/BGSI/) | $8.2M | 0 | 0.2% | 1 |
| VERMILION ENERGY INC | [VET](https://holderbook.com/stocks/VET/) | $7.9M | 406,820 | 0.1% | 18 |
| OPEN TEXT CORP | [OTEX](https://holderbook.com/stocks/OTEX/) | $7.7M | 10,939 | 0.1% | 18 |
| ELDORADO GOLD CORP NEW | [EGO](https://holderbook.com/stocks/EGO/) | $7.5M | 40,826 | 0.1% | 18 |
| PRECISION DRILLING CORP | [PDS](https://holderbook.com/stocks/PDS/) | $7.4M | 0 | 0.1% | 18 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $7.3M | 0 | 0.1% | 18 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $6.8M | 45,334 | 0.1% | 18 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $6.7M | 161,678 | 0.1% | 3 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $6.6M | 17,906 | 0.1% | 18 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $6.2M | 0 | 0.1% | 18 |
| EQUINOX GOLD CORP | [EQX](https://holderbook.com/stocks/EQX/) | $6.2M | 200,599 | 0.1% | 18 |
| METHANEX CORP | [MEOH](https://holderbook.com/stocks/MEOH/) | $6.1M | 13,133 | 0.1% | 18 |
| ATS CORPORATION | [ATS](https://holderbook.com/stocks/ATS/) | $6.1M | 22,575 | 0.1% | 10 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $5.9M | 22,806 | 0.1% | 18 |
| GFL ENVIRONMENTAL INC | [GFL](https://holderbook.com/stocks/GFL/) | $5.8M | 52,867 | 0.1% | 18 |
| BAUSCH HEALTH COS INC | [BHC](https://holderbook.com/stocks/BHC/) | $5.2M | 56,225 | 0.1% | 18 |
| ENERGY FUELS INC | [UUUU](https://holderbook.com/stocks/UUUU/) | $5.1M | 45,710 | 0.1% | 18 |
| BROOKFIELD RENEWABLE CORP | [BEPC](https://holderbook.com/stocks/BEPC/) | $4.8M | 53,628 | 0.1% | 7 |
| BRP INC | [DOO](https://holderbook.com/stocks/DOO/) | $4.3M | 9,911 | 0.1% | 18 |
| BAYTEX ENERGY CORP | [BTE](https://holderbook.com/stocks/BTE/) | $4.2M | 758,706 | 0.1% | 13 |
| OR ROYALTIES INC. | [OR](https://holderbook.com/stocks/OR/) | $4.2M | 34,308 | 0.1% | 5 |
| NEXGEN ENERGY LTD | [NXE](https://holderbook.com/stocks/NXE/) | $3.9M | 14,158 | 0.1% | 18 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $3.8M | 0 | 0.1% | 1 |
| ENDEAVOUR SILVER CORP | [EXK](https://holderbook.com/stocks/EXK/) | $3.4M | 132,506 | 0.1% | 18 |
| ALGONQUIN POWER & UTILITIES | [AQN](https://holderbook.com/stocks/AQN/) | $3.4M | 102,322 | 0.1% | 18 |
| IAMGOLD CORP | [IAG](https://holderbook.com/stocks/IAG/) | $3.3M | 63,537 | 0.1% | 18 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $3.2M | 16,766 | 0.1% | 13 |
| ERO COPPER CORP | [ERO](https://holderbook.com/stocks/ERO/) | $2.5M | 0 | 0.0% | 4 |
| LIGHTSPEED COMMERCE INC | [LSPD](https://holderbook.com/stocks/LSPD/) | $2.5M | 31,698 | 0.0% | 18 |
| SILVERCORP METALS INC | [SVM](https://holderbook.com/stocks/SVM/) | $2.4M | 135,632 | 0.0% | 18 |
| GALAXY DIGITAL INC. | [GLXY](https://holderbook.com/stocks/GLXY/) | $2.1M | 0 | 0.0% | 5 |
| SEABRIDGE GOLD INC | - | $1.9M | 21,337 | 0.0% | 1 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $1.8M | 25,177 | 0.0% | 2 |
| SSR MINING IN | [SSRM](https://holderbook.com/stocks/SSRM/) | $1.4M | 0 | 0.0% | 18 |
| BALLARD PWR SYS INC NEW | [BLDP](https://holderbook.com/stocks/BLDP/) | $1.4M | 24,316 | 0.0% | 18 |
| ORLA MNG LTD NEW | [ORLA](https://holderbook.com/stocks/ORLA/) | $1.4M | 63,832 | 0.0% | 6 |
| CANOPY GROWTH CORPORATION | [CGC](https://holderbook.com/stocks/CGC/) | $1.3M | 465,493 | 0.0% | 10 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $1.2M | 74,058 | 0.0% | 6 |
| SKEENA RES LTD NEW | [SKE](https://holderbook.com/stocks/SKE/) | $1.2M | 15,756 | 0.0% | 1 |
| PRIMO BRANDS CORPORATION | [PRMB](https://holderbook.com/stocks/PRMB/) | $1.2M | 49,257 | 0.0% | 7 |
| TRIPLE FLAG PRECIOUS METAL | [TFPM](https://holderbook.com/stocks/TFPM/) | $1.2M | 10,185 | 0.0% | 3 |
| CENTERRA GOLD INC | [CGAU](https://holderbook.com/stocks/CGAU/) | $1.1M | 21,781 | 0.0% | 15 |
| ALGOMA STL GROUP INC | [ASTL](https://holderbook.com/stocks/ASTL/) | $1.1M | 96,117 | 0.0% | 13 |
| FORTUNA MNG CORP | [FSM](https://holderbook.com/stocks/FSM/) | $1.1M | 84,230 | 0.0% | 9 |
| TILRAY BRANDS INC | [TLRY](https://holderbook.com/stocks/TLRY/) | $1.1M | 100,407 | 0.0% | 3 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.4B | 115 |
| Q1 2026 | $5.0B | 111 |
| Q4 2025 | $5.5B | 107 |
| Q3 2025 | $5.1B | 102 |
| Q2 2025 | $4.1B | 102 |
| Q1 2025 | $3.2B | 99 |
| Q4 2024 | $3.0B | 98 |
| Q3 2024 | $2.7B | 98 |
| Q2 2024 | $2.4B | 101 |
| Q1 2024 | $1.9B | 100 |
| Q3 2023 | $2.1B | 101 |
| Q2 2023 | $2.0B | 101 |