Triasima Portfolio Management Inc 13F annual report

Triasima Portfolio Management Inc is an investment fund managing more than $1.19 trillion ran by Mathieu Tanguay. There are currently 137 companies in Mr. Tanguay’s portfolio. The largest investments include Royal Bk Cda and Shopify Inc, together worth $146 billion.

Limited to 30 biggest holdings

$1.19 trillion Assets Under Management (AUM)

As of 19th April 2024, Triasima Portfolio Management Inc’s top holding is 839,462 shares of Royal Bk Cda currently worth over $84.7 billion and making up 7.1% of the portfolio value. In addition, the fund holds 798,190 shares of Shopify Inc worth $61.6 billion, whose value grew 51.1% in the past six months. The third-largest holding is Canadian Nat Res Ltd worth $57.6 billion and the next is Bank Montreal Que worth $45.9 billion, with 469,700 shares owned.

Currently, Triasima Portfolio Management Inc's portfolio is worth at least $1.19 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Triasima Portfolio Management Inc

The Triasima Portfolio Management Inc office and employees reside in Montreal, Quebec, Canada. According to the last 13-F report filed with the SEC, Mathieu Tanguay serves as the Compliance Chief Officer at Triasima Portfolio Management Inc.

Recent trades

In the most recent 13F filing, Triasima Portfolio Management Inc revealed that it had opened a new position in Canadian Natl Ry Co and bought 166,925 shares worth $22 billion.

The investment fund also strengthened its position in Canadian Nat Res Ltd by buying 2,155 additional shares. This makes their stake in Canadian Nat Res Ltd total 755,202 shares worth $57.6 billion.

On the other hand, there are companies that Triasima Portfolio Management Inc is getting rid of from its portfolio. Triasima Portfolio Management Inc closed its position in Winmark on 26th April 2024. It sold the previously owned 8,963 shares for $3.74 billion. Mathieu Tanguay also disclosed a decreased stake in Royal Bk Cda by 0.1%. This leaves the value of the investment at $84.7 billion and 839,462 shares.

One of the largest hedge funds

The two most similar investment funds to Triasima Portfolio Management Inc are Mogy Joel R Investment Counsel Inc and Nations Financial Group Inc, ia adv. They manage $1.19 trillion and $1.19 trillion respectively.


Mathieu Tanguay investment strategy

Triasima Portfolio Management Inc’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Materials — making up 11.6% of the total portfolio value. The fund focuses on investments in the Canada as 23.4% of the portfolio companies are based in the Canada.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 37% of the total holdings value. On the other hand, small-cap stocks make up only 0.7% of the portfolio. The average market cap of the portfolio companies is close to $103 billion.

The complete list of Triasima Portfolio Management Inc trades based on 13F SEC filings

These positions were updated on April 26th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Royal Bk Cda
14.77%
839,462
$84,669,441,000 7.12%
Shopify Inc
11.45%
798,190
$61,579,186,000 5.18%
Canadian Nat Res Ltd
0.29%
755,202
$57,610,405,000 4.85%
Bank Montreal Que
3.44%
469,700
$45,859,320,000 3.86%
Toronto Dominion Bk Ont
44.67%
714,152
$43,101,242,000 3.63%
Canadian Pacific Kansas City
6.12%
424,740
$37,449,667,000 3.15%
Brookfield Corp
12.24%
885,814
$37,066,685,000 3.12%
Sun Life Financial, Inc.
10.15%
608,760
$33,217,021,000 2.79%
Cameco Corp.
17.02%
766,992
$33,204,440,000 2.79%
Stantec Inc
15.38%
362,656
$30,109,553,000 2.53%
Canadian Imperial Bk Comm To
21.19%
575,670
$29,184,483,000 2.46%
Manulife Finl Corp
2,430.34%
1,126,000
$28,122,359,000 2.37%
Thomson-Reuters Corp
5.24%
177,141
$27,567,734,000 2.32%
Waste Connections Inc
8.90%
159,309
$27,388,466,000 2.30%
FirstService Corp
8.29%
160,258
$26,531,606,000 2.23%
Kinross Gold Corp.
13.99%
4,202,450
$25,781,901,000 2.17%
Brookfield Asset Managmt Ltd
6.47%
591,518
$24,848,009,000 2.09%
Enbridge Inc
3,424.61%
631,610
$22,825,119,000 1.92%
Wheaton Precious Metals Corp
1,021.85%
477,460
$22,488,943,000 1.89%
Imperial Oil Ltd.
18.22%
319,300
$22,024,022,000 1.85%
Canadian Natl Ry Co
Opened
166,925
$21,981,360,000 1.85%
Eldorado Gold Corp.
0.12%
1,424,456
$20,022,917,000 1.68%
Pembina Pipeline Corporation
4.95%
525,941
$18,563,811,000 1.56%
Agnico Eagle Mines Ltd
20.02%
307,560
$18,339,661,000 1.54%
Cenovus Energy Inc
Opened
911,500
$18,222,866,000 1.53%
Restaurant Brands International Inc
7.66%
221,910
$17,622,982,000 1.48%
West Fraser Timber Co Ltd
Opened
175,435
$15,148,337,000 1.27%
RB Global Inc
6.58%
180,418
$13,741,833,000 1.16%
Celestica, Inc.
Opened
283,603
$12,742,485,000 1.07%
Descartes Sys Group Inc
4.42%
133,524
$12,213,552,000 1.03%
TFI International Inc
Opened
74,150
$11,824,322,000 0.99%
Brookfield Infrast Partners
4.09%
374,300
$11,688,844,000 0.98%
Rogers Communications Inc.
57.81%
239,645
$9,819,123,000 0.83%
Novo-nordisk A S
5.17%
62,841
$8,068,784,000 0.68%
North Amern Constr Group Ltd
10.02%
362,762
$8,066,555,000 0.68%
Ferrari N.V.
9.05%
18,501
$8,065,325,000 0.68%
NVIDIA Corp
37.40%
8,645
$7,811,276,000 0.66%
TC Energy Corporation
29.05%
192,600
$7,740,798,000 0.65%
Eli Lilly Co
24.24%
9,945
$7,736,812,000 0.65%
Ares Management Corp
19.77%
53,711
$7,142,488,000 0.60%
Microsoft Corporation
12.65%
14,449
$6,078,983,000 0.51%
Arista Networks Inc
34.47%
20,170
$5,848,896,000 0.49%
NexGen Energy Ltd
182.90%
703,809
$5,471,350,000 0.46%
Fomento Economico Mexicano S
7.38%
41,720
$5,434,864,000 0.46%
Mckesson Corporation
9.52%
10,023
$5,380,847,000 0.45%
Hubbell Inc.
24.66%
12,429
$5,158,656,000 0.43%
Vanguard Index Fds
1.89%
10,399
$4,998,799,000 0.42%
Vertex Pharmaceuticals, Inc.
10.18%
11,502
$4,807,951,000 0.40%
Alamos Gold Inc.
84.98%
324,398
$4,782,639,000 0.40%
Eaton Corp Plc
11.14%
15,106
$4,723,344,000 0.40%
Cencora Inc.
17.61%
18,547
$4,506,735,000 0.38%
Teck Resources Ltd
84.38%
95,510
$4,371,715,000 0.37%
CGI Inc
22.82%
38,760
$4,276,239,000 0.36%
Gallagher Arthur J Co
26.68%
16,942
$4,236,177,000 0.36%
Bank Nova Scotia Halifax
32.61%
80,592
$4,169,033,000 0.35%
Alphabet Inc
2.24%
27,597
$4,165,215,000 0.35%
Marsh Mclennan Cos Inc
31.08%
20,070
$4,134,018,000 0.35%
Jpmorgan Chase Co
12.11%
20,477
$4,101,543,000 0.35%
Visa Inc
12.91%
13,419
$3,744,974,000 0.32%
Winmark Corporation
Closed
8,963
$3,742,500,000
Roper Technologies Inc
15.10%
6,613
$3,708,834,000 0.31%
Tjx Cos Inc New
9.86%
36,400
$3,691,688,000 0.31%
Cboe Global Mkts Inc
12.53%
19,740
$3,626,830,000 0.31%
Super Micro Computer Inc
69.82%
3,383
$3,416,931,000 0.29%
Crowdstrike Holdings Inc
40.52%
10,574
$3,389,918,000 0.29%
Lincoln Natl Corp Ind
Opened
101,540
$3,242,172,000 0.27%
AMGEN Inc.
Opened
11,053
$3,142,588,000 0.26%
Synopsys, Inc.
13.14%
5,439
$3,108,388,000 0.26%
Martin Marietta Matls Inc
22.06%
4,946
$3,036,547,000 0.26%
Aflac Inc.
13.77%
35,221
$3,024,075,000 0.25%
Amazon.com Inc.
14.17%
15,776
$2,845,674,000 0.24%
Novartis AG
0.58%
29,335
$2,837,574,000 0.24%
Equinix Inc
51.89%
3,261
$2,691,401,000 0.23%
Green Brick Partners, Inc.
29.91%
44,285
$2,667,285,000 0.22%
Osisko Gold Royalties Ltd
8.47%
156,533
$2,568,956,000 0.22%
Asml Holding N V
0.79%
2,550
$2,474,698,000 0.21%
Palo Alto Networks Inc
12.79%
8,512
$2,418,514,000 0.20%
Nu Hldgs Ltd
1.55%
202,552
$2,416,445,000 0.20%
Gartner, Inc.
14.66%
5,028
$2,396,696,000 0.20%
Alibaba Group Hldg Ltd
Opened
32,965
$2,385,347,000 0.20%
Axon Enterprise Inc
19.32%
7,619
$2,383,832,000 0.20%
nVent Electric plc
12.47%
31,340
$2,363,036,000 0.20%
Costco Whsl Corp New
10.43%
3,186
$2,334,159,000 0.20%
MercadoLibre Inc
0.65%
1,526
$2,307,250,000 0.19%
Procter And Gamble Co
Opened
14,119
$2,290,807,000 0.19%
Constellation Energy Corp
196.37%
11,929
$2,205,075,000 0.19%
Republic Svcs Inc
16.77%
11,336
$2,170,163,000 0.18%
Motorola Solutions Inc
No change
5,935
$2,106,806,000 0.18%
Docebo Inc.
36.59%
41,723
$2,039,745,000 0.17%
KLA Corp.
14.47%
2,866
$2,002,101,000 0.17%
Ishares Tr
2.21%
24,920
$1,990,111,000 0.17%
Broadcom Inc.
2.04%
1,452
$1,924,495,000 0.16%
Badger Meter Inc.
Closed
12,425
$1,918,047,000
RELX Plc
3.11%
43,780
$1,895,236,000 0.16%
PDD Holdings Inc
27.19%
15,760
$1,832,100,000 0.15%
Houlihan Lokey Inc
603.96%
13,502
$1,730,821,000 0.15%
Watts Water Technologies, Inc.
4.56%
7,910
$1,681,270,000 0.14%
Mr. Cooper Group Inc
0.26%
20,845
$1,624,867,000 0.14%
KeyCorp
Opened
101,172
$1,599,529,000 0.13%
Autozone Inc.
Closed
601
$1,553,951,000
Transalta Corp.
Closed
185,964
$1,549,465,000
Orla Mng Ltd New
Closed
446,645
$1,458,873,000
Att Inc
No change
82,570
$1,453,232,000 0.12%
SilverCrest Metals Inc
Closed
219,224
$1,440,387,000
Murphy USA Inc
32.33%
3,431
$1,438,275,000 0.12%
Cnh Indl N V
Opened
106,120
$1,375,315,000 0.12%
Brookfield Reins Ltd
Opened
31,731
$1,334,804,000 0.11%
Marathon Pete Corp
34.50%
6,594
$1,328,691,000 0.11%
Fresenius Medical Care AG
Opened
67,070
$1,293,109,000 0.11%
Repligen Corp.
Opened
6,645
$1,222,148,000 0.10%
Fortis Inc.
62.55%
29,375
$1,160,660,000 0.10%
New Gold Inc Cda
Opened
669,487
$1,126,907,000 0.09%
BRP Inc.
Closed
14,189
$1,017,239,000
Cardinal Health, Inc.
No change
9,010
$1,008,219,000 0.08%
Lightspeed Commerce Inc
10.82%
70,077
$985,557,000 0.08%
Open Text Corp
94.29%
25,380
$984,823,000 0.08%
Triple Flag Precious Metal
Closed
70,512
$940,444,000
Transdigm Group Incorporated
41.62%
613
$754,970,000 0.06%
Kinsale Cap Group Inc
2.44%
1,437
$754,051,000 0.06%
Viemed Healthcare Inc
Closed
95,960
$753,286,000
Cintas Corporation
3.53%
1,092
$750,236,000 0.06%
Intuit Inc
10.80%
1,074
$698,100,000 0.06%
Ats Corporation
94.41%
19,812
$666,674,000 0.06%
Phillips 66
12.85%
3,595
$587,207,000 0.05%
Taiwan Semiconductor Mfg Ltd
8.47%
3,919
$533,179,000 0.04%
Ecolab, Inc.
10.26%
2,266
$523,219,000 0.04%
Booz Allen Hamilton Hldg Cor
52.25%
3,199
$474,859,000 0.04%
Mastercard Incorporated
14.00%
829
$399,221,000 0.03%
Reinsurance Grp Of America I
38.39%
1,910
$368,400,000 0.03%
Telus Corp.
97.09%
22,927
$366,790,000 0.03%
Teekay Tankers Ltd
No change
5,910
$345,203,000 0.03%
Unum Group
Closed
7,600
$343,672,000
Cemex Sab De Cv
23.30%
37,790
$340,487,000 0.03%
Grainger W W Inc
50.52%
334
$339,778,000 0.03%
Cf Inds Hldgs Inc
Closed
3,695
$293,752,000
Apple Inc
60.17%
1,633
$279,716,000 0.02%
APi Group Corporation
Opened
6,770
$265,857,000 0.02%
Shell Plc
31.12%
3,940
$264,137,000 0.02%
Iron Mtn Inc Del
20.27%
2,950
$236,619,000 0.02%
Powell Inds Inc
Opened
1,615
$229,814,000 0.02%
Mcdonalds Corp
Closed
752
$222,975,000
Sps Comm Inc
Opened
1,180
$218,182,000 0.02%
Curtiss-Wright Corp.
Opened
850
$217,549,000 0.02%
Bellring Brands Inc
55.86%
3,659
$215,990,000 0.02%
Citizens Finl Group Inc
Opened
5,928
$215,127,000 0.02%
Magna International Inc.
Closed
3,500
$207,179,000
Encore Wire Corp.
60.15%
781
$205,231,000 0.02%
TechnipFMC plc
Opened
8,150
$204,646,000 0.02%
Japan Smaller Capitalization
93.70%
24,600
$196,308,000 0.02%
Galiano Gold Inc.
No change
17,000
$23,594,000 0.00%
No transactions found
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