Triasima Portfolio Management inc.
Reported holdings as of Q2 2026, from 23 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ROYAL BK CDA | RY | $52.8M | 255,069 | +0.97pp | 23q | +0.8%+$425.8K | |
| TORONTO DOMINION BK ONT | TD | $37.2M | 306,074 | +1.14pp | 5q | +10.9%+$3.6M | |
| CANADIAN IMPERIAL BANK OF CO | CM | $28.0M | 243,652 | +0.49pp | 11q | +5.4%+$1.4M | |
| BANK MONTREAL MEDIUM | BMO | $27.2M | 153,984 | +0.80pp | 7q | +9.4%+$2.3M | |
| MILLICOM INTL CELLULAR S A | TIGO | $18.6M | 204,624 | +0.20pp | 5q | HELD | |
| ALPHABET INC | GOOGL | $17.1M | 47,985 | +0.24pp | 12q | +0.5%+$89.7K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $16.0M | 33,457 | +0.50pp | 7q | +3.0%+$471.8K | |
| FORTIS INC | FTS | $15.1M | 263,190 | -0.12pp | 14q | +2.7%+$394.2K | |
| HUDBAY MINERALS INC | HBM | $13.3M | 563,547 | -0.01pp | 4q | -1.7%-$228.6K | |
| CANADIAN NATL RY CO | CNI | $12.8M | 107,420 | +0.80pp | 3q | +79.2%+$5.7M | |
| ELI LILLY & CO | LLY | $12.0M | 10,046 | +0.74pp | 3q | +58.2%+$4.4M | |
| CELESTICA INC | CLS | $11.7M | 32,199 | flat | 9q | -13.7%-$1.9M | |
| TJX COS INC NEW | TJX | $11.3M | 74,259 | -0.21pp | 14q | +3.8%+$412.8K | |
| BANK NOVA SCOTIA B C | BNS | $11.2M | 128,680 | +0.17pp | 23q | HELD | |
| WELLTOWER INC | WELL | $11.0M | 48,359 | +0.13pp | 7q | +7.0%+$715.6K | |
| LAM RESEARCH CORP | LRCX | $11.0M | 25,293 | +0.55pp | 3q | -12.4%-$1.5M | |
| APPLE INC | AAPL | $10.7M | 36,826 | +0.50pp | 4q | +50.5%+$3.6M | |
| MICROSOFT CORP | MSFT | $10.6M | 28,430 | -0.18pp | 23q | -1.3%-$138.8K | |
| TFI INTERNATIONAL INC | TFII | $10.5M | 72,751 | +0.29pp | 2q | +5.8%+$577.0K | |
| NVIDIA CORPORATION | NVDA | $10.3M | 51,649 | +0.03pp | 23q | HELD | |
| ROYALTY PHARMA PLC | RPRX | $10.1M | 180,710 | - | new | NEW | |
| GRUPO CIBEST SA | CIB | $9.8M | 123,151 | -0.26pp | 5q | -14.2%-$1.6M | |
| ENBRIDGE INC | ENB | $9.6M | 177,163 | +0.11pp | 23q | +21.8%+$1.7M | |
| SIMON PPTY GROUP INC NEW | SPG | $9.5M | 42,583 | +0.40pp | 2q | +35.6%+$2.5M | |
| KLA CORP | KLAC | $9.4M | 31,300 | +0.58pp | 4q | +900.0%+$8.5M | |
| INTERACTIVE BROKERS GROUP IN | IBKR | $8.9M | 102,684 | +0.76pp | 3q | +131.0%+$5.1M | |
| INTEL CORP | INTC | $8.6M | 61,940 | +0.39pp | 3q | -46.8%-$7.6M | |
| CAMECO CORP | CCJ | $8.6M | 84,052 | -0.63pp | 7q | -22.8%-$2.5M | |
| BROADCOM INC | AVGO | $8.5M | 22,617 | +0.11pp | 11q | +1.1%+$91.0K | |
| GOLDMAN SACHS GROUP INC | GS | $8.5M | 8,447 | +0.21pp | 4q | +14.0%+$1.0M | |
| MAGNA INTL INC | MGA | $8.4M | 128,240 | +0.24pp | 4q | +20.5%+$1.4M | |
| KINROSS GOLD CORP | KGC | $8.4M | 354,983 | -1.20pp | 12q | -30.0%-$3.6M | |
| CENOVUS ENERGY INC | CVE | $8.0M | 323,882 | -0.30pp | 4q | -6.2%-$532.5K | |
| MDA SPACE LTD | MDA | $8.0M | 192,919 | +0.48pp | 2q | +24.4%+$1.6M | |
| COMFORT SYS USA INC | FIX | $7.7M | 3,869 | +0.07pp | 4q | -16.6%-$1.5M | |
| UBS GROUP AG | UBS | $7.7M | 154,449 | +0.16pp | 4q | +4.2%+$306.7K | |
| MANULIFE FINL CORP | MFC | $7.5M | 184,858 | +0.14pp | 11q | +9.8%+$670.1K | |
| GE VERNOVA INC | GEV | $7.4M | 6,302 | flat | 9q | -16.6%-$1.5M | |
| CISCO SYS INC | CSCO | $7.2M | 61,389 | +0.31pp | 7q | +9.0%+$596.7K | |
| FERROVIAL NV | FER | $7.2M | 105,043 | -0.41pp | 5q | -25.5%-$2.5M | |
| AERCAP HOLDINGS NV | AER | $7.1M | 48,416 | -0.05pp | 7q | HELD | |
| NOVARTIS AG | NVS | $7.0M | 44,755 | -0.26pp | 12q | -14.7%-$1.2M | |
| PAN AMERN SILVER CORP | PAAS | $7.0M | 155,520 | -0.90pp | 7q | -30.3%-$3.0M | |
| CANADIAN NAT RES LTD MED TER | CNQ | $6.6M | 166,100 | +0.65pp | 23q | +405.1%+$5.3M | |
| CITIZENS FINL GROUP INC | CFG | $6.5M | 92,429 | +0.31pp | 2q | +48.1%+$2.1M | |
| ENERFLEX LTD | EFXT | $6.4M | 260,824 | +0.35pp | 3q | +59.6%+$2.4M | |
| EZCORP INC | EZPW | $6.2M | 178,150 | +0.15pp | 6q | HELD | |
| SHOPIFY INC | SHOP | $6.1M | 52,977 | -1.96pp | 7q | -65.9%-$11.7M | |
| QUANTA SVCS INC | PWR | $6.0M | 8,358 | +0.36pp | 3q | +52.0%+$2.1M | |
| C H ROBINSON WORLDWIDE IN | CHRW | $5.9M | 31,305 | +0.01pp | 7q | HELD | |
| GILEAD SCIENCES INC | GILD | $5.7M | 45,238 | -0.24pp | 6q | -6.0%-$363.1K | |
| JPMORGAN CHASE & CO | JPM | $5.7M | 17,419 | -0.15pp | 23q | -16.1%-$1.1M | |
| IMPERIAL OIL LTD | IMO | $5.7M | 50,745 | -0.67pp | 4q | -30.2%-$2.5M | |
| TEXAS INSTRS INC | TXN | $5.4M | 18,066 | +0.37pp | 2q | +48.2%+$1.8M | |
| MONOLITHIC PWR SYS INC | MPWR | $5.1M | 3,707 | +0.08pp | 4q | HELD | |
| ASML HLDG NV | ASML | $5.1M | 2,571 | +0.29pp | 3q | +28.8%+$1.1M | |
| BARCLAYS PLC | BCS | $4.9M | 182,245 | +0.06pp | 4q | -3.7%-$185.9K | |
| WHEATON PRECIOUS METALS CORP | WPM | $4.8M | 42,748 | -0.20pp | 14q | -0.7%-$34.9K | |
| SOUTH BOW CORP | SOBO | $4.5M | 127,160 | +0.04pp | 7q | +12.1%+$482.4K | |
| NEXTPOWER INC | NXT | $4.4M | 37,123 | -0.03pp | 3q | +7.8%+$319.4K | |
| BORGWARNER INC | BWA | $4.3M | 64,190 | - | new | NEW | |
| VANGUARD INDEX FDS | VOO | $4.2M | 6,102 | flat | 23q | -3.0%-$130.5K | |
| JABIL INC | JBL | $4.1M | 10,515 | +0.13pp | 2q | HELD | |
| NOKIA CORP | NOK | $3.5M | 266,135 | - | new | NEW | |
| CVS HEALTH CORP | CVS | $3.4M | 32,715 | - | new | NEW | |
| RALPH LAUREN CORP | RL | $3.1M | 7,775 | - | new | NEW | |
| TC ENERGY CORP | TRP | $3.1M | 46,770 | - | new | NEW | |
| PEMBINA PIPELINE CORP | PBA | $3.1M | 66,050 | - | new | NEW | |
| IAMGOLD CORP | IAG | $3.0M | 190,733 | -0.13pp | 9q | HELD | |
| TARGET CORP | TGT | $3.0M | 23,080 | - | new | NEW | |
| HUNTINGTON BANCSHARES INC | HBAN | $3.0M | 167,905 | +0.05pp | 2q | +12.3%+$326.2K | |
| ELECTROVAYA INC | ELVA | $2.9M | 276,776 | +0.07pp | 3q | +2.3%+$64.7K | |
| WILLIAMS SONOMA INC | WSM | $2.9M | 12,275 | +0.05pp | 2q | HELD | |
| BCE INC | BCE | $2.8M | 130,932 | -0.75pp | 2q | -55.8%-$3.6M | |
| COGNEX CORP | CGNX | $2.4M | 33,583 | - | new | NEW | |
| DENISON MINES CORP | DNN | $2.3M | 741,091 | -0.08pp | 4q | +1.7%+$38.6K | |
| POWELL INDS INC | POWL | $2.2M | 7,719 | +0.08pp | 4q | +190.7%+$1.5M | |
| SUNCOR ENERGY INC NEW | SU | $2.2M | 40,785 | -0.32pp | 4q | -34.3%-$1.1M | |
| METHANEX CORP | MEOH | $2.2M | 46,852 | - | new | NEW | |
| AMPHENOL CORP | APH | $2.2M | 12,239 | +0.06pp | 4q | +2.0%+$42.0K | |
| ROGERS COMMUNICATIONS INC | RCI | $2.1M | 65,751 | -0.31pp | 4q | -36.2%-$1.2M | |
| AMAZON COM INC | AMZN | $2.1M | 8,608 | +0.11pp | 11q | +57.9%+$752.0K | |
| HIGHLANDER SILVER CORP | HSLV | $2.0M | 428,593 | -0.10pp | 2q | +1.4%+$27.2K | |
| BEL FUSE INC | BELFA | $2.0M | 6,902 | +0.22pp | 3q | +296.2%+$1.5M | |
| RESTAURANT BRANDS INTL INC | QSR | $1.9M | 26,800 | -0.04pp | 2q | HELD | |
| ORLA MNG LTD NEW | ORLA | $1.9M | 191,800 | -0.35pp | 4q | -23.2%-$567.8K | |
| ARISTA NETWORKS INC | ANET | $1.7M | 10,143 | +0.05pp | 7q | +3.3%+$54.9K | |
| NUTRIEN LTD | NTR | $1.7M | 26,992 | +0.04pp | 2q | +60.4%+$640.2K | |
| ISHARES TR | EFA | $1.7M | 16,023 | -0.01pp | 23q | +1.9%+$31.7K | |
| TECK RESOURCES LTD | TECK | $1.6M | 27,450 | - | new | NEW | |
| BANCO DE CHILE | BCH | $1.5M | 38,915 | -0.40pp | 8q | -64.0%-$2.7M | |
| BWX TECHNOLOGIES INC | BWXT | $1.5M | 7,744 | +0.12pp | 4q | +194.0%+$994.7K | |
| ARIS MINING CORPORATION | ARIS | $1.4M | 92,410 | -0.18pp | 5q | -29.0%-$563.9K | |
| ALPHABET INC | GOOG | $1.3M | 3,787 | +0.02pp | 4q | HELD | |
| AGNICO EAGLE MINES LTD | AEM | $1.3M | 8,384 | -0.46pp | 18q | -59.8%-$1.9M | |
| CSX CORP | CSX | $1.3M | 26,440 | +0.10pp | 2q | +138.2%+$729.1K | |
| AMERICAN ELEC PWR CO INC | AEP | $1.2M | 9,099 | - | new | NEW | |
| SPHERE ENTERTAINMENT CO | SPHR | $1.2M | 6,850 | +0.12pp | 2q | +224.8%+$820.3K | |
| APPLIED MATLS INC | AMAT | $1.1M | 1,577 | - | new | NEW | |
| CANADIAN PACIFIC KANSAS CITY | CP | $1.1M | 12,915 | +0.06pp | 5q | +76.0%+$483.2K | |
| WALMART INC | WMT | $1.1M | 9,665 | -0.03pp | 6q | +4.2%+$44.2K | |
| FIFTH THIRD BANCORP | FITB | $1.1M | 18,915 | +0.08pp | 2q | +105.4%+$547.1K | |
| CASEYS GEN STORES INC | CASY | $1.0M | 1,303 | - | new | NEW | |
| NVENT ELEC PLC | NVT | $959.3K | 5,656 | +0.03pp | 2q | +4.9%+$44.9K | |
| BROOKFIELD CORP | BN | $923.0K | 21,642 | -0.26pp | 15q | -65.3%-$1.7M | |
| CENCORA INC | COR | $885.4K | 3,129 | -0.07pp | 4q | -19.9%-$219.6K | |
| NICOLET BANKSHARES INC | NIC | $846.3K | 5,117 | +0.03pp | 4q | +35.5%+$221.6K | |
| MICRON TECHNOLOGY INC | MU | $811.5K | 703 | +0.07pp | 3q | -5.5%-$47.3K | |
| VODAFONE GROUP PLC | VOD | $780.6K | 59,025 | - | new | NEW | |
| CME GROUP INC | CME | $755.2K | 3,420 | -0.02pp | 4q | +29.5%+$172.2K | |
| CURTISS WRIGHT CORP | CW | $655.5K | 865 | flat | 7q | HELD | |
| TECHNIPFMC PLC | FTI | $552.9K | 8,340 | -0.01pp | 7q | HELD | |
| ITT INC | ITT | $519.9K | 2,629 | - | new | NEW | |
| JFROG LTD | FROG | $513.9K | 5,655 | - | new | NEW | |
| GILDAN ACTIVEWEAR INC | GIL | $503.0K | 9,760 | -0.21pp | 3q | -70.3%-$1.2M | |
| META PLATFORMS INC | META | $451.2K | 801 | -0.14pp | 7q | -65.8%-$869.2K | |
| MCKESSON CORP | MCK | $424.6K | 562 | -0.74pp | 5q | -90.8%-$4.2M | |
| WISDOMTREE TR | DGS | $386.3K | 5,970 | flat | 4q | HELD | |
| PLANET LABS PBC | PL | $364.3K | 10,995 | flat | 2q | +2.3%+$8.3K | |
| UBER TECHNOLOGIES INC | UBER | $328.6K | 4,554 | -0.02pp | 7q | -18.8%-$76.2K | |
| COSTCO WHOLESALE CORPORATION | COST | $310.6K | 332 | -0.03pp | 7q | -29.7%-$131.0K | |
| JAPAN SMALLER CAPITALIZATION | JOF | $256.8K | 21,800 | flat | 13q | HELD | |
| TKO GROUP HOLDINGS INC | TKO | $238.1K | 1,183 | -0.36pp | 5q | -90.9%-$2.4M | |
| 10X GENOMICS INC | TXG | $235.4K | 6,140 | - | new | NEW | |
| ALAMOS GOLD INC | AGI | $213.2K | 7,033 | -1.03pp | 15q | -95.6%-$4.6M | |
| FIGS INC | FIGS | $139.8K | 13,665 | - | new | NEW | |
| KOPIN CORP | KOPN | $68.4K | 15,265 | +0.01pp | 3q | +41.3%+$20.0K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Banks & Lending | $197.4M | 26.7% |
| Semiconductors & Electronics | $96.8M | 13.1% |
| Mining & Metals | $55.8M | 7.5% |
| Transport & Logistics | $45.6M | 6.2% |
| Software & IT Services | $36.1M | 4.9% |
| Biotech & Pharma | $35.1M | 4.7% |
| Retail & Consumer | $33.5M | 4.5% |
| Energy | $28.6M | 3.9% |
| Industrials | $26.7M | 3.6% |
| Telecom & Media | $25.7M | 3.5% |
| Real Estate | $21.4M | 2.9% |
| Construction & Building | $20.9M | 2.8% |
| Other sectors | $109.1M | 14.7% |
| Not classified | $7.5M | 1.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $740.3M | 127 | 19 | 54 | 38 | 29 | 32.2% | 21 |
| Q1 2026 | $661.5M | 137 | 24 | 60 | 38 | 30 | 29.7% | 24 |
| Q4 2025 | $667.7M | 143 | 22 | 58 | 47 | 28 | 31.7% | 33 |
| Q3 2025 | $662.6M | 149 | 52 | 54 | 29 | 31 | 29.3% | 29 |
| Q2 2025 | $547.2M | 128 | 24 | 51 | 41 | 40 | 26.8% | 23 |
| Q1 2025 | $508.2M | 144 | 26 | 40 | 50 | 26 | 30.1% | 32 |
| Q4 2024 | $515.3M | 144 | 68 | 31 | 39 | 9 | 30.7% | 28 |
| Q3 2024 | $444.9M | 85 | 12 | 26 | 37 | 66 | 38.9% | 43 |
| Q2 2024 | $1.1B | 139 | 19 | 49 | 37 | 18 | 41.3% | 37 |
| Q1 2024 | $1.2B | 138 | 22 | 22 | 86 | 13 | 39.0% | 26 |
| Q4 2023 | $1.2B | 129 | 25 | 33 | 56 | 23 | 43.9% | 29 |
| Q3 2023 | $1.1B | 127 | 23 | 35 | 45 | 33 | 43.3% | 45 |
| Q2 2023 | $1.6B | 137 | 31 | 34 | 59 | 25 | 40.2% | 39 |
| Q1 2023 | $1.2B | 131 | 30 | 39 | 48 | 28 | 39.2% | 28 |
| Q4 2022 | $1.3B | 129 | 30 | 31 | 50 | 25 | 43.4% | 52 |
| Q3 2022 | $1.2B | 124 | 18 | 28 | 56 | 29 | 47.4% | 161 |
| Q2 2022 | $1.4B | 135 | 29 | 31 | 62 | 42 | 50.0% | 253 |
| Q1 2022 | $2.1B | 148 | 37 | 41 | 60 | 42 | 47.6% | 344 |
| Q4 2021 | $2.1B | 153 | 20 | 54 | 47 | 22 | 48.4% | 434 |
| Q3 2021 | $1.9B | 155 | 8 | 54 | 35 | 29 | 50.7% | 526 |
| Q2 2021 | $2.1B | 176 | 27 | 55 | 52 | 25 | 52.8% | 618 |
| Q1 2021 | $2.0B | 174 | 30 | 50 | 55 | 13 | 51.8% | 709 |
| Q4 2020 | $1.8B | 157 | 0 | 0 | 0 | 0 | 51.2% | 799 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.