1y return+15.7%S&P 500 +20.9%
3y return+44.3%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2023: $144 against $168 in the S&P 500.2
Canoe Financial LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| CNICanadian National Railway Co | $406.3M | 5.0% | |
| SLBSchlumberger Ltd | $358.9M | 4.4% | +82.3% |
| TSMTaiwan Semiconductor Manufactu | $344.1M | 4.3% | −16.7% |
| GOOGLAlphabet Inc | $257.7M | 3.2% | −15.8% |
| QSRRestaurant Brands Intl Inc | $243.1M | 3.0% | |
| VVisa Inc Com Cl A | $227.6M | 2.8% | −2.7% |
| CVSCvs Health Corp | $227.0M | 2.8% | +1.1% |
| OTISOtis Worldwide Corp | $218.0M | 2.7% | +24.2% |
| EQTEqt Corp | $215.4M | 2.7% | +34.5% |
| HALHalliburton Co | $196.6M | 2.4% | +42.4% |
| CPCanadian Pacific Kansas City Ltd | $192.9M | 2.4% | +9.6% |
| PMPhilip Morris International In | $183.8M | 2.3% | +2.8% |
| JNJJohnson & Johnson | $181.9M | 2.3% | |
| MSFTMicrosoft Corp | $173.8M | 2.2% | −9.2% |
| ROSTRoss Stores Inc | $170.4M | 2.1% | |
| MCOMoody's Corp | $169.0M | 2.1% | −4.8% |
| RBARb Global Inc | $162.9M | 2.0% | +2.5% |
| CTVACorteva Inc | $158.1M | 2.0% | +45.3% |
| Intercontinental Hotels Group PLCCUSIP G4804L163 | $155.5M | 1.9% | −15.5% |
| TMOThermo Fisher Scientific Inc | $155.4M | 1.9% | +92.5% |
| DEDeere & Co | $152.2M | 1.9% | +34.3% |
| MAMastercard Inc | $151.5M | 1.9% | −2.6% |
| TXNTexas Instruments Inc | $148.7M | 1.8% | |
| RYRoyal Bank Of Canada | $144.6M | 1.8% | |
| ELVElevance Health Inc | $140.6M | 1.7% | −1.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| EFXTEnerflex Ltd | March 31, 2023 | +311.5% | $115.4M |
| TSMTaiwan Semiconductor Manufactu | March 31, 2024 | +251.0% | $344.1M |
| GOOGLAlphabet Inc | March 31, 2024 | +136.8% | $257.7M |
| RYRoyal Bank Of Canada | March 31, 2023 | +116.5% | $144.6M |
| ROSTRoss Stores Inc | March 31, 2023 | +100.6% | $170.4M |
| ADIAnalog Devices Inc | December 31, 2023 | +100.0% | $140.3M |
| RBARb Global Inc | September 30, 2023 | +86.3% | $162.9M |
| PMPhilip Morris International In | March 31, 2023 | +86.0% | $183.8M |
| TXNTexas Instruments Inc | December 31, 2025 | +71.8% | $148.7M |
| JNJJohnson & Johnson | March 31, 2023 | +63.9% | $181.9M |
Sold off last quarter
- Medtronic PLCCUSIP G5960L103 was $64.4M
- BAMBrookfield Asset Management Ltd was $7.2M
- NKENike Inc was $4.9M
- FDSFactset Research Systems Inc was $4.3M
- GRTUFGranite Real Estate Investment Trust was $3.6M
- ADBEAdobe Inc was $1.9M
- COFCapital One Financial Corp was $680K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +4.3% | +14.8% |
| March 31, 2026 | +1.1% | −4.6% |
| December 31, 2025 | +3.1% | +2.4% |
| September 30, 2025 | +6.4% | +7.8% |
| June 30, 2025 | +4.9% | +10.5% |
| March 31, 2025 | −0.8% | −4.6% |
| December 31, 2024 | +0.4% | +2.1% |
| September 30, 2024 | +7.7% | +5.4% |
| June 30, 2024 | −0.4% | +4.0% |
| March 31, 2024 | +5.9% | +10.0% |
| December 31, 2023 | +9.0% | +11.2% |
| September 30, 2023 | −3.5% | −3.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Canoe Financial LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1908219&type=13F-HR&dateb=&owner=include&count=40CIK 1908219
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1908219/000190821926000005/Filed July 16, 2026 · accession 0001908219-26-000005