1y return+21.6%S&P 500 +20.9%
3y return+51.4%S&P 500 +68.5%
5y return+55.5%S&P 500 +74.5%
10y return+228.3%S&P 500 +256.5%
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, 2016: $328 against $357 in the S&P 500.2
Waratah Capital Advisors Ltd.S&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 |
|---|---|---|---|
| DSGXDescartes Sys Group Inc | $100.2M | 7.7% | +21.7% |
| TDYTeledyne Technologies Inc | $47.3M | 3.6% | +111.1% |
| FSSFederal Signal Corp | $46.3M | 3.6% | New |
| AGIAlamos Gold Inc | $38.7M | 3.0% | −7.5% |
| STNStantec Inc | $30.4M | 2.3% | +582.0% |
| SXTSensient Technologies Corp | $29.7M | 2.3% | +60.0% |
| NINisource Inc | $29.3M | 2.3% | +63.9% |
| AVGOBroadcom Inc | $29.2M | 2.2% | New |
| CVECenovus Energy Inc | $27.6M | 2.1% | +3.6% |
| AMEAmetek Inc | $26.6M | 2.0% | +42.4% |
| CMGChipotle Mexican Grill Inc | $26.5M | 2.0% | New |
| Asml Hldg NvCUSIP N07059210 | $26.4M | 2.0% | +900.2% |
| AMZNAmazon Com Inc | $25.7M | 2.0% | New |
| WELLWelltower Inc | $25.1M | 1.9% | −27.7% |
| TDToronto Dominion Bk Ont | $24.7M | 1.9% | −4.3% |
| MLMMartin Marietta Matls Inc | $23.1M | 1.8% | −8.1% |
| SKESkeena Res Ltd New | $21.9M | 1.7% | −27.2% |
| LNGCheniere Energy Inc | $21.5M | 1.7% | +29.9% |
| PWRQuanta Svcs Inc | $21.3M | 1.6% | +61.3% |
| ARMKAramark | $21.1M | 1.6% | New |
| NVDANvidia Corporation | $20.7M | 1.6% | New |
| MODModine Mfg Co | $20.0M | 1.5% | +51.9% |
| CRCrane Company | $20.0M | 1.5% | −44.3% |
| CHRWC H Robinson Worldwide In | $19.3M | 1.5% | New |
| SPXCSpx Technologies Inc | $19.2M | 1.5% | −49.6% |
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 |
|---|---|---|---|
| NXENexgen Energy Ltd | December 31, 2020 | +240.3% | $13.8M |
| PWRQuanta Svcs Inc | March 31, 2025 | +183.3% | $21.3M |
| AEMAgnico Eagle Mines Ltd | December 31, 2023 | +182.8% | $18.7M |
| RYRoyal Bk Cda | March 31, 2023 | +116.5% | $16.4M |
| IAGIamgold Corp | June 30, 2025 | +115.5% | $13.5M |
| TDToronto Dominion Bk Ont | March 31, 2025 | +102.6% | $24.7M |
| MLMMartin Marietta Matls Inc | June 30, 2022 | +92.7% | $23.1M |
| Nvent Elec PLCCUSIP G6700G107 | September 30, 2025 | +71.9% | $17.5M |
| TDYTeledyne Technologies Inc | December 31, 2020 | +70.1% | $47.3M |
| SKESkeena Res Ltd New | June 30, 2025 | +67.5% | $21.9M |
Sold off last quarter
- BGSIBoyd Group Services Inc was $29.7M
- LULULululemon Athletica Inc was $14.9M
- DOOBrp Inc was $13.7M
- AMATApplied Matls Inc was $10.5M
- COPConocophillips was $9.9M
- ETREntergy Corp New was $9.1M
- BCBrunswick Corp was $7.1M
- AAPLApple Inc was $7.0M
- GILGildan Activewear Inc was $6.9M
- CPCanadian Pacific Kansas City was $6.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +2.2% | +14.8% |
| March 31, 2026 | +3.5% | −4.6% |
| December 31, 2025 | +5.3% | +2.4% |
| September 30, 2025 | +9.2% | +7.8% |
| June 30, 2025 | +10.3% | +10.5% |
| March 31, 2025 | −0.4% | −4.6% |
| December 31, 2024 | −2.5% | +2.1% |
| September 30, 2024 | +4.3% | +5.4% |
| June 30, 2024 | −1.6% | +4.0% |
| March 31, 2024 | +8.3% | +10.0% |
| December 31, 2023 | +7.0% | +11.2% |
| September 30, 2023 | −2.4% | −3.6% |
| June 30, 2023 | +2.5% | +8.3% |
| March 31, 2023 | +3.6% | +7.0% |
| December 31, 2022 | +7.0% | +7.1% |
| September 30, 2022 | −5.0% | −5.3% |
| June 30, 2022 | −15.5% | −16.5% |
| March 31, 2022 | +0.7% | −4.9% |
| December 31, 2021 | +10.5% | +10.7% |
| September 30, 2021 | +1.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Waratah Capital Advisors Ltd. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1539919&type=13F-HR&dateb=&owner=include&count=40CIK 1539919
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1539919/000206075726000046/Filed August 11, 2026 · accession 0002060757-26-000046