PICTON MAHONEY ASSET MANAGEMENT
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ISHARES TR(Call) | 10,000,000 | 15,000,000 | +5,000,000 | 806,500 | 1,217,846 | — | +411,346 |
| ISHARES TR(Put) | 10,000,000 | 15,000,000 | +5,000,000 | 806,500 | 1,217,846 | — | +411,346 |
| ISHARES TR(Put) | 0 | 640,000 | +640,000 | 0 | 164,127 | — | +164,127 |
| WASTE CONNECTIONS INC(WCN)(Call) | 0 | 600,000 | +600,000 | 0 | 105,480 | — | +105,480 |
| THOMSON REUTERS CORP(Call) | 0 | 500,000 | +500,000 | 0 | 77,622 | — | +77,622 |
| VANGUARD INDEX FDS | 72,165 | 406,324 | +334,159 | 11,868 | 70,937 | 0.90% | +59,069 |
| CANADIAN IMPERIAL BANK OF CO(CM) | 873,718 | 1,477,258 | +603,540 | 61,767 | 118,022 | 1.51% | +56,255 |
| SHOPIFY INC(SHOP) | 1,759,717 | 1,731,048 | -28,669 | 202,146 | 257,122 | 3.28% | +54,976 |
| FRANCO NEV CORP(FNV) | 493,035 | 591,206 | +98,171 | 80,621 | 131,567 | 1.68% | +50,946 |
| BARRICK MNG CORP(B) | 88,921 | 1,577,359 | +1,488,438 | 1,844 | 51,797 | 0.66% | +49,953 |
| CYBERARK SOFTWARE LTD | 58,155 | 152,257 | +94,102 | 23,663 | 73,561 | 0.94% | +49,898 |
| ROYAL BK CDA(RY) | 2,513,876 | 2,577,593 | +63,717 | 329,983 | 379,831 | 4.84% | +49,848 |
| SPOTIFY TECHNOLOGY S A(Call) | 0 | 60,000 | +60,000 | 0 | 41,880 | — | +41,880 |
| BROOKFIELD CORP(BN) | 2,280,199 | 2,629,023 | +348,824 | 140,555 | 180,351 | 2.30% | +39,796 |
| SSR MINING IN(SSRM) | 966,489 | 2,081,864 | +1,115,375 | 12,280 | 50,822 | 0.65% | +38,542 |
| AGNICO EAGLE MINES LTD(AEM) | 1,129,750 | 1,017,406 | -112,344 | 134,059 | 171,323 | 2.18% | +37,264 |
| IAMGOLD CORP(IAG) | 1,789,786 | 3,893,422 | +2,103,636 | 13,130 | 50,290 | 0.64% | +37,160 |
| HUDBAY MINERALS INC(HBM) | 5,812,518 | 6,350,482 | +537,964 | 61,432 | 96,171 | 1.23% | +34,739 |
| APPLE INC(AAPL) | 352,999 | 420,307 | +67,308 | 72,424 | 107,023 | 1.36% | +34,599 |
| CENOVUS ENERGY INC(CVE) | 5,526,056 | 6,389,703 | +863,647 | 74,895 | 108,472 | 1.38% | +33,577 |
| ALPHABET INC(GOOG) | 272,535 | 330,696 | +58,161 | 48,028 | 80,391 | 1.03% | +32,363 |
| MONGODB INC(MDB) | 3,732 | 103,255 | +99,523 | 785 | 32,048 | 0.41% | +31,263 |
| GE VERNOVA INC(GEV)(Put) | 0 | 50,000 | +50,000 | 0 | 30,744 | — | +30,744 |
| OR ROYALTIES INC(OR) | 3,774,310 | 3,109,636 | -664,674 | 96,617 | 124,609 | 1.59% | +27,992 |
| COREWEAVE INC(CRWV)(Call) | 0 | 200,000 | +200,000 | 0 | 27,370 | — | +27,370 |
| OPENDOOR TECHNOLOGIES INC(OPEN)(Put) | 0 | 3,400,000 | +3,400,000 | 0 | 27,097 | — | +27,097 |
| TECK RESOURCES LTD(TECK)(Call) | 0 | 600,000 | +600,000 | 0 | 26,315 | — | +26,315 |
| VERONA PHARMA PLC | 0 | 245,000 | +245,000 | 0 | 26,144 | 0.33% | +26,144 |
| SPDR SERIES TRUST | 210,785 | 590,874 | +380,089 | 12,519 | 37,401 | 0.48% | +24,882 |
| TPG INC(TPG) | 0 | 423,584 | +423,584 | 0 | 24,334 | 0.31% | +24,334 |
| CHART INDS INC(GTLS) | 48,511 | 160,323 | +111,812 | 7,988 | 32,089 | 0.41% | +24,101 |
| NORFOLK SOUTHN CORP(NSC) | 0 | 80,000 | +80,000 | 0 | 24,033 | 0.31% | +24,033 |
| INVESCO EXCH TRADED FD TR II | 3,440 | 328,793 | +325,353 | 251 | 24,159 | 0.31% | +23,908 |
| SNOWFLAKE INC(SNOW) | 0 | 100,052 | +100,052 | 0 | 22,566 | 0.29% | +22,566 |
| SUNCOR ENERGY INC NEW(SU) | 151,236 | 627,313 | +476,077 | 5,642 | 26,246 | 0.33% | +20,604 |
| CARTESIAN GROWTH CORP III | 0 | 2,000,000 | +2,000,000 | 0 | 20,090 | 0.26% | +20,090 |
| INTERNATIONAL BUSINESS MACHS(IBM) | 5 | 70,616 | +70,611 | 1 | 19,926 | 0.25% | +19,925 |
| BRP INC(DOO) | 0 | 323,147 | +323,147 | 0 | 19,643 | 0.25% | +19,643 |
| REINSURANCE GRP OF AMERICA I(Call) | 0 | 100,000 | +100,000 | 0 | 19,213 | — | +19,213 |
| COLLIERS INTL GROUP INC(CIGI) | 272,586 | 349,231 | +76,645 | 35,521 | 54,607 | 0.70% | +19,086 |
| THERMO FISHER SCIENTIFIC INC(TMO) | 0 | 35,077 | +35,077 | 0 | 17,014 | 0.22% | +17,014 |
| COEUR MNG INC(CDE) | 1,158,195 | 1,413,982 | +255,787 | 10,261 | 26,526 | 0.34% | +16,265 |
| LIVE NATION ENTERTAINMENT IN(LYV) | 0 | 0 | 0 | 0 | 16,156 | 0.21% | +16,156 |
| GOLD FIELDS LTD(GFI) | 0 | 378,713 | +378,713 | 0 | 15,891 | 0.20% | +15,891 |
| STIFEL FINL CORP(SF) | 0 | 137,454 | +137,454 | 0 | 15,598 | 0.20% | +15,598 |
| WNS HLDGS LTD | 2,883 | 204,640 | +201,757 | 182 | 15,608 | 0.20% | +15,426 |
| ELECTRONIC ARTS INC(EA) | 1,696 | 75,000 | +73,304 | 271 | 15,127 | 0.19% | +14,856 |
| CONFLUENT INC(Call) | 0 | 750,000 | +750,000 | 0 | 14,850 | — | +14,850 |
| SYNOPSYS INC(SNPS)(Call) | 0 | 29,500 | +29,500 | 0 | 14,554 | — | +14,554 |
| CITIGROUP INC(C) | 0 | 141,341 | +141,341 | 0 | 14,346 | 0.18% | +14,346 |
| LIBERTY BROADBAND CORP(LBRDA) | 0 | 225,000 | +225,000 | 0 | 14,297 | 0.18% | +14,297 |
| TEGNA INC | 0 | 700,000 | +700,000 | 0 | 14,231 | 0.18% | +14,231 |
| ROCKET COS INC(RKT) | 1,332,037 | 1,694,838 | +362,801 | 18,890 | 32,846 | 0.42% | +13,956 |
| BROOKFIELD RENEWABLE PARTNER | 547,376 | 1,070,639 | +523,263 | 13,899 | 27,589 | 0.35% | +13,690 |
| DIGITALOCEAN HLDGS INC(DOCN)(Call) | 0 | 400,000 | +400,000 | 0 | 13,664 | — | +13,664 |
| BANK NOVA SCOTIA HALIFAX | 0 | 210,620 | +210,620 | 0 | 13,615 | 0.17% | +13,615 |
| ROGERS COMMUNICATIONS INC(RCI) | 2,664,449 | 2,673,625 | +9,176 | 78,714 | 92,023 | 1.17% | +13,309 |
| BCE INC(BCE) | 24,604 | 587,488 | +562,884 | 543 | 13,727 | 0.18% | +13,184 |
| AIR LEASE CORP | 0 | 200,000 | +200,000 | 0 | 12,730 | 0.16% | +12,730 |
| ROBLOX CORP(RBLX) | 30,422 | 114,924 | +84,502 | 3,202 | 15,917 | 0.20% | +12,715 |
| ERO COPPER CORP(ERO) | 0 | 622,089 | +622,089 | 0 | 12,599 | 0.16% | +12,599 |
| BROOKFIELD BUSINESS PARTNERS | 399,499 | 696,679 | +297,180 | 10,352 | 22,849 | 0.29% | +12,497 |
| HUBSPOT INC(HUBS)(Put) | 20,000 | 50,000 | +30,000 | 11,132 | 23,391 | — | +12,259 |
| XPO INC(XPO) | 59,474 | 151,785 | +92,311 | 7,512 | 19,621 | 0.25% | +12,109 |
| BROOKFIELD INFRAST PARTNERS | 1,384,662 | 1,768,734 | +384,072 | 46,203 | 58,275 | 0.74% | +12,072 |
| SANDSTORM GOLD LTD | 0 | 953,560 | +953,560 | 0 | 11,938 | 0.15% | +11,938 |
| VERITEX HLDGS INC | 0 | 350,654 | +350,654 | 0 | 11,758 | 0.15% | +11,758 |
| OPEN TEXT CORP(OTEX) | 0 | 312,223 | +312,223 | 0 | 11,668 | 0.15% | +11,668 |
| ADMA BIOLOGICS INC(Call) | 0 | 780,000 | +780,000 | 0 | 11,435 | — | +11,435 |
| M3-BRIGADE ACQUISITION VI CO | 0 | 1,100,000 | +1,100,000 | 0 | 11,133 | 0.14% | +11,133 |
| SPRING VY ACQUISITION CORP I | 0 | 1,069,680 | +1,069,680 | 0 | 10,996 | 0.14% | +10,996 |
| NCINO INC(NCNO) | 0 | 403,006 | +403,006 | 0 | 10,925 | 0.14% | +10,925 |
| ABBVIE INC(ABBV) | 76,814 | 108,567 | +31,753 | 14,259 | 25,138 | 0.32% | +10,879 |
| SAIA INC(SAIA) | 0 | 35,989 | +35,989 | 0 | 10,774 | 0.14% | +10,774 |
| LEMONADE INC(LMND)(Put) | 0 | 200,000 | +200,000 | 0 | 10,705 | — | +10,705 |
| MICROSOFT CORP(MSFT) | 256,569 | 266,830 | +10,261 | 127,620 | 138,204 | 1.76% | +10,584 |
| SERVICETITAN INC(TTAN) | 7,372 | 111,746 | +104,374 | 790 | 11,268 | 0.14% | +10,478 |
| TC ENERGY CORP(TRP) | 2,064,835 | 2,037,010 | -27,825 | 100,398 | 110,733 | 1.41% | +10,335 |
| CAPITAL ONE FINL CORP(COF) | 117,443 | 165,686 | +48,243 | 24,985 | 35,220 | 0.45% | +10,235 |
| NEW PROVIDENCE ACQUISITION C | 0 | 999,999 | +999,999 | 0 | 10,170 | 0.13% | +10,170 |
| OYSTER ENTERPRISES II ACQUIS | 0 | 1,000,000 | +1,000,000 | 0 | 10,029 | 0.13% | +10,029 |
| FIGX CAP ACQUISITION CORP | 0 | 1,000,000 | +1,000,000 | 0 | 9,990 | 0.13% | +9,990 |
| CHENGHE ACQUISITION III CO | 0 | 1,000,000 | +1,000,000 | 0 | 9,981 | 0.13% | +9,981 |
| GALATA ACQUISITION CORP II | 0 | 1,000,000 | +1,000,000 | 0 | 9,981 | 0.13% | +9,981 |
| EQV VENTURES AC CORP. II | 0 | 999,996 | +999,996 | 0 | 9,949 | 0.13% | +9,949 |
| OXLEY BRIDGE ACQ LTD | 0 | 1,000,000 | +1,000,000 | 0 | 9,945 | 0.13% | +9,945 |
| SPROTT INC(SII) | 188,953 | 275,478 | +86,525 | 13,010 | 22,894 | 0.29% | +9,884 |
| OTG ACQUISITION CORP. I | 0 | 975,000 | +975,000 | 0 | 9,819 | 0.13% | +9,819 |
| SL GREEN RLTY CORP(SLG) | 75,109 | 239,012 | +163,903 | 4,649 | 14,296 | 0.18% | +9,647 |
| GRANITE CONSTR INC(GVA) | 0 | 0 | 0 | 0 | 9,644 | 0.12% | +9,644 |
| DIGITALOCEAN HLDGS INC(DOCN) | 0 | 0 | 0 | 0 | 9,447 | 0.12% | +9,447 |
| MERUS N V | 0 | 100,000 | +100,000 | 0 | 9,415 | 0.12% | +9,415 |
| AMERICAN EXCEPTIONALISM ACQU | 0 | 850,000 | +850,000 | 0 | 9,290 | 0.12% | +9,290 |
| D R HORTON INC(DHI) | 96,840 | 127,386 | +30,546 | 12,482 | 21,586 | 0.28% | +9,104 |
| IQVIA HLDGS INC(IQV) | 1,532 | 48,824 | +47,292 | 242 | 9,275 | 0.12% | +9,033 |
| GLOBE LIFE INC | 0 | 62,193 | +62,193 | 0 | 8,890 | 0.11% | +8,890 |
| UNITED RENTALS INC(URI) | 26,864 | 30,445 | +3,581 | 20,239 | 29,066 | 0.37% | +8,827 |
| DRUGS MADE IN AMER ACQ II CO | 0 | 875,000 | +875,000 | 0 | 8,702 | 0.11% | +8,702 |
| AVIDXCHANGE HOLDINGS INC | 1,250,000 | 2,100,000 | +850,000 | 12,237 | 20,895 | 0.27% | +8,658 |
| WHEATON PRECIOUS METALS CORP(WPM) | 479,566 | 461,195 | -18,371 | 42,953 | 51,599 | 0.66% | +8,646 |