Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| CANADIAN NAT RES LTD MED TER(CNQ) | 0 | 124,812,950 | +124,812,950 | 0 | 6,082,134 | 1.15% | +6,082,134 |
| ASTRAZENECA PLC(AZN) | 0 | 10,386,455 | +10,386,455 | 0 | 2,048,417 | 0.39% | +2,048,417 |
| SUNCOR ENERGY INC NEW(SU) | 0 | 64,037,311 | +64,037,311 | 0 | 4,233,507 | 0.80% | +4,233,507 |
| STATE STR SPDR S&P 500 ETF T(SPY)(Call) | 0 | 9,500,000 | +9,500,000 | 0 | 6,178,231 | — | +6,178,231 |
| EXXON MOBIL CORP | 19,200,040 | 18,919,624 | -280,416 | 2,310,534 | 3,209,902 | 0.61% | +899,368 |
| CHEVRON CORPORATION(CVX) | 12,504,624 | 13,123,571 | +618,947 | 1,905,829 | 2,715,268 | 0.51% | +809,439 |
| CONOCOPHILLIPS(COP) | 0 | 8,741,643 | +8,741,643 | 0 | 1,153,895 | 0.22% | +1,153,895 |
| STATE STR SPDR S&P 500 ETF T(SPY)(Put) | 0 | 10,626,100 | +10,626,100 | 0 | 6,910,577 | — | +6,910,577 |
| BANK MONTREAL MEDIUM | 0 | 52,598,042 | +52,598,042 | 0 | 7,118,617 | 1.35% | +7,118,617 |
| META PLATFORMS INC(META)(Call) | 0 | 1,131,000 | +1,131,000 | 0 | 647,079 | — | +647,079 |
| WALMART INC(WMT) | 25,864,853 | 27,792,734 | +1,927,881 | 2,881,601 | 3,454,081 | 0.65% | +572,480 |
| AGNICO EAGLE MINES LTD(AEM) | 0 | 15,031,299 | +15,031,299 | 0 | 3,051,053 | 0.58% | +3,051,053 |
| WASTE MGMT INC DEL(WM) | 0 | 4,404,042 | +4,404,042 | 0 | 1,012,004 | 0.19% | +1,012,004 |
| SUNBELT RENTALS HOLDINGS INC(SUNB) | 0 | 7,144,038 | +7,144,038 | 0 | 465,005 | 0.09% | +465,005 |
| CORTEVA INC(CTVA) | 0 | 7,458,624 | +7,458,624 | 0 | 624,362 | 0.12% | +624,362 |
| ISHARES TR | 0 | 11,588,675 | +11,588,675 | 0 | 658,119 | 0.12% | +658,119 |
| CSX CORP(CSX) | 0 | 19,867,881 | +19,867,881 | 0 | 815,576 | 0.15% | +815,576 |
| NUTRIEN LTD(NTR) | 0 | 31,009,669 | +31,009,669 | 0 | 2,339,987 | 0.44% | +2,339,987 |
| VANGUARD TAX-MANAGED FDS | 42,271,448 | 47,313,421 | +5,041,973 | 2,640,699 | 3,031,844 | 0.57% | +391,145 |
| TC ENERGY CORP(TRP) | 0 | 89,106,183 | +89,106,183 | 0 | 5,578,047 | 1.06% | +5,578,047 |
| ISHARES INC | 5,545,969 | 11,862,280 | +6,316,311 | 355,497 | 743,052 | 0.14% | +387,555 |
| MONOLITHIC PWR SYS INC(MPWR) | 0 | 473,368 | +473,368 | 0 | 517,557 | 0.10% | +517,557 |
| MERCADOLIBRE INC(MELI) | 0 | 444,603 | +444,603 | 0 | 768,728 | 0.15% | +768,728 |
| SELECT SECTOR SPDR TR(Put) ST STR SVC ETF | 0 | 3,100,000 | +3,100,000 | 0 | 343,666 | — | +343,666 |
| COSTCO WHOLESALE CORPORATION(COST) | 0 | 3,758,850 | +3,758,850 | 0 | 3,745,432 | 0.71% | +3,745,432 |
| GE VERNOVA INC(GEV) | 1,176,456 | 1,244,440 | +67,984 | 768,896 | 1,086,271 | 0.21% | +317,375 |
| JOHNSON & JOHNSON(JNJ) | 14,287,561 | 13,387,402 | -900,159 | 2,956,810 | 3,272,417 | 0.62% | +315,607 |
| ANGLOGOLD ASHANTI PLC(AU) | 0 | 3,557,428 | +3,557,428 | 0 | 346,350 | 0.07% | +346,350 |
| LOCKHEED MARTIN CORP(LMT) | 0 | 1,806,952 | +1,806,952 | 0 | 1,092,103 | 0.21% | +1,092,103 |
| CENOVUS ENERGY INC(CVE) | 0 | 38,501,774 | +38,501,774 | 0 | 1,021,452 | 0.19% | +1,021,452 |
| CANADIAN IMPERIAL BANK OF CO(CM) | 0 | 66,241,847 | +66,241,847 | 0 | 6,276,413 | 1.19% | +6,276,413 |
| CANADIAN PACIFIC KANSAS CITY(CP) | 0 | 52,952,459 | +52,952,459 | 0 | 4,165,240 | 0.79% | +4,165,240 |
| SNOWFLAKE INC(SNOW) | 0 | 3,227,636 | +3,227,636 | 0 | 486,792 | 0.09% | +486,792 |
| CANADIAN NATL RY CO(CNI) | 0 | 27,509,225 | +27,509,225 | 0 | 2,827,122 | 0.54% | +2,827,122 |
| BROOKFIELD INFRASTRUCTURE PA LP INT UNIT | 44,647,806 | 49,713,434 | +5,065,628 | 1,551,064 | 1,795,649 | 0.34% | +244,585 |
| COCA COLA CO(KO) | 26,945,656 | 27,963,043 | +1,017,387 | 1,883,771 | 2,126,589 | 0.40% | +242,818 |
| ENBRIDGE INC(ENB) | 0 | 102,663,447 | +102,663,447 | 0 | 5,558,200 | 1.05% | +5,558,200 |
| ISHARES TR | 0 | 3,388,286 | +3,388,286 | 0 | 323,377 | 0.06% | +323,377 |
| INVESCO QQQ TR(Put) | 0 | 4,059,200 | +4,059,200 | 0 | 2,342,889 | — | +2,342,889 |
| SELECT SECTOR SPDR TR(Put) ST STR ENERG ETF | 15,167,200 | 14,740,000 | -427,200 | 678,126 | 902,973 | — | +224,847 |
| ISHARES TR(Put) | 0 | 3,059,100 | +3,059,100 | 0 | 243,382 | — | +243,382 |
| TOTALENERGIES SE(TTE) | 5,834,876 | 6,641,046 | +806,170 | 381,716 | 604,203 | 0.11% | +222,487 |
| ISHARES INC MSCI JAPAN ETF | 2,542,081 | 5,048,553 | +2,506,472 | 205,247 | 426,300 | 0.08% | +221,053 |
| CAMECO CORP(CCJ) | 0 | 9,598,933 | +9,598,933 | 0 | 1,042,540 | 0.20% | +1,042,540 |
| MERCK & CO INC(MRK) | 13,190,085 | 13,201,722 | +11,637 | 1,388,388 | 1,588,035 | 0.30% | +199,647 |
| IONIS PHARMACEUTICALS INC(IONS) | 0 | 3,801,815 | +3,801,815 | 0 | 285,477 | 0.05% | +285,477 |
| ISHARES TR(Put) | 0 | 6,100,000 | +6,100,000 | 0 | 218,990 | — | +218,990 |
| QUANTA SVCS INC | 0 | 1,264,827 | +1,264,827 | 0 | 694,415 | 0.13% | +694,415 |
| ISHARES TR | 0 | 6,744,642 | +6,744,642 | 0 | 669,542 | 0.13% | +669,542 |
| NEXTERA ENERGY INC(NEE) | 0 | 19,364,181 | +19,364,181 | 0 | 1,798,545 | 0.34% | +1,798,545 |
| PGIM ETF TR AAA CLO ETF | 0 | 3,868,028 | +3,868,028 | 0 | 197,966 | 0.04% | +197,966 |
| ISHARES TR(Put) | 0 | 4,261,000 | +4,261,000 | 0 | 241,982 | — | +241,982 |
| VERIZON COMMUNICATIONS INC(VZ) | 0 | 24,623,813 | +24,623,813 | 0 | 1,236,117 | 0.23% | +1,236,117 |
| DEERE & CO(DE) | 0 | 1,262,146 | +1,262,146 | 0 | 710,969 | 0.13% | +710,969 |
| CANADIAN NAT RES LTD MED TER(CNQ)(Put) | 0 | 10,741,000 | +10,741,000 | 0 | 523,409 | — | +523,409 |
| HONEYWELL INTL INC(HON) | 0 | 6,742,627 | +6,742,627 | 0 | 1,524,037 | 0.29% | +1,524,037 |
| BROOKFIELD BUSINESS CORP(BBUC) | 0 | 5,314,770 | +5,314,770 | 0 | 168,159 | 0.03% | +168,159 |
| SELECT SECTOR SPDR TR ST STR ENERG ETF | 7,420,456 | 8,119,363 | +698,907 | 331,769 | 497,392 | 0.09% | +165,623 |
| AIR PRODUCTS AND CHEMICALS I | 0 | 2,521,469 | +2,521,469 | 0 | 732,461 | 0.14% | +732,461 |
| LYONDELLBASELL INDUSTRIES NV SHS - A - | 0 | 3,534,647 | +3,534,647 | 0 | 284,750 | 0.05% | +284,750 |
| FRANCO NEV CORP(FNV) | 0 | 2,998,967 | +2,998,967 | 0 | 740,895 | 0.14% | +740,895 |
| WALMART INC(WMT)(Call) | 0 | 1,750,000 | +1,750,000 | 0 | 217,490 | — | +217,490 |
| CATERPILLAR INC(CAT) | 2,512,046 | 2,249,502 | -262,544 | 1,439,075 | 1,593,684 | 0.30% | +154,609 |
| SOUTHERN CO(SO) | 0 | 8,753,175 | +8,753,175 | 0 | 844,857 | 0.16% | +844,857 |
| BCE INC(BCE) | 0 | 59,242,080 | +59,242,080 | 0 | 1,494,990 | 0.28% | +1,494,990 |
| CHENIERE ENERGY INC(LNG) | 0 | 2,847,918 | +2,847,918 | 0 | 808,125 | 0.15% | +808,125 |
| TAIWAN SEMICONDUCTOR MANUFAC(TSM) | 6,523,794 | 6,293,285 | -230,509 | 1,982,518 | 2,126,814 | 0.40% | +144,296 |
| CARNIVAL CORP(Put) | 0 | 5,537,000 | +5,537,000 | 0 | 143,298 | — | +143,298 |
| VALERO ENERGY CORP(VLO) | 0 | 1,435,389 | +1,435,389 | 0 | 354,656 | 0.07% | +354,656 |
| VANECK ETF TRUST(Call) GOLD MINERS ETF | 0 | 1,797,300 | +1,797,300 | 0 | 164,939 | — | +164,939 |
| FORTIS INC(FTS) | 0 | 35,241,451 | +35,241,451 | 0 | 1,966,121 | 0.37% | +1,966,121 |
| TJX COS INC NEW(TJX) | 0 | 11,005,812 | +11,005,812 | 0 | 1,757,629 | 0.33% | +1,757,629 |
| ISHARES INC | 0 | 5,685,583 | +5,685,583 | 0 | 311,513 | 0.06% | +311,513 |
| ISHARES TR(Call) | 0 | 2,080,900 | +2,080,900 | 0 | 202,118 | — | +202,118 |
| VERTIV HOLDINGS CO(VRT) | 0 | 1,211,910 | +1,211,910 | 0 | 303,681 | 0.06% | +303,681 |
| ASML HLDG NV N Y REGISTRY SHS | 0 | 729,718 | +729,718 | 0 | 963,834 | 0.18% | +963,834 |
| TRANSFORCE INC(TFII) | 0 | 3,072,691 | +3,072,691 | 0 | 333,786 | 0.06% | +333,786 |
| SELECT SECTOR SPDR TR(Call) ST STR ENERG ETF | 0 | 2,785,000 | +2,785,000 | 0 | 170,609 | — | +170,609 |
| PEMBINA PIPELINE CORP(PBA) | 0 | 38,726,115 | +38,726,115 | 0 | 1,733,381 | 0.33% | +1,733,381 |
| KINROSS GOLD CORP(KGC) | 0 | 32,091,420 | +32,091,420 | 0 | 979,431 | 0.19% | +979,431 |
| WHEATON PRECIOUS METALS CORP(WPM) | 0 | 8,667,296 | +8,667,296 | 0 | 1,135,503 | 0.22% | +1,135,503 |
| AT&T INC(T) | 0 | 37,562,794 | +37,562,794 | 0 | 1,088,944 | 0.21% | +1,088,944 |
| ISHARES INC | 0 | 3,658,302 | +3,658,302 | 0 | 194,402 | 0.04% | +194,402 |
| ONEOK INC NEW(OKE) | 0 | 3,202,889 | +3,202,889 | 0 | 289,507 | 0.05% | +289,507 |
| ISHARES TR MSCI UK ETF NEW | 0 | 4,707,428 | +4,707,428 | 0 | 214,472 | 0.04% | +214,472 |
| PROLOGIS INC.(PLD) | 9,094,122 | 9,656,978 | +562,856 | 1,160,955 | 1,276,458 | 0.24% | +115,503 |
| EOG RES INC(EOG) | 0 | 3,774,748 | +3,774,748 | 0 | 545,715 | 0.10% | +545,715 |
| QNITY ELECTRONICS INC(Q) | 0 | 1,446,066 | +1,446,066 | 0 | 166,847 | 0.03% | +166,847 |
| SEAGATE TECHNOLOGY HLDNGS PL ORD SHS | 0 | 1,013,493 | +1,013,493 | 0 | 397,045 | 0.08% | +397,045 |
| KLA CORP(KLAC) | 548,235 | 528,521 | -19,714 | 666,149 | 778,197 | 0.15% | +112,048 |
| TARGET CORP(TGT) | 0 | 4,022,219 | +4,022,219 | 0 | 487,492 | 0.09% | +487,492 |
| PACKAGING CORP AMER(PKG) | 0 | 2,323,010 | +2,323,010 | 0 | 492,990 | 0.09% | +492,990 |
| LUMENTUM HLDGS INC(LITE) | 0 | 238,576 | +238,576 | 0 | 167,661 | 0.03% | +167,661 |
| CONOCOPHILLIPS(COP)(Call) | 0 | 820,000 | +820,000 | 0 | 108,240 | — | +108,240 |
| CARNIVAL CORP | 0 | 4,133,782 | +4,133,782 | 0 | 106,981 | 0.02% | +106,981 |
| FEDEX CORP(FDX) | 0 | 996,783 | +996,783 | 0 | 355,035 | 0.07% | +355,035 |
| CHUBB LTD SWITZ COM | 0 | 2,089,383 | +2,089,383 | 0 | 680,992 | 0.13% | +680,992 |
| ISHARES TR | 0 | 3,913,120 | +3,913,120 | 0 | 140,481 | 0.03% | +140,481 |
| ISHARES INC CORE MSCI EMKT | 0 | 8,868,236 | +8,868,236 | 0 | 618,560 | 0.12% | +618,560 |
| BROOKFIELD RENEWABLE ENERGY PARTNERSHIP UNIT | 0 | 17,590,382 | +17,590,382 | 0 | 574,150 | 0.11% | +574,150 |