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Asset Manager ← All Institutions

Triasima Portfolio Management inc.

900 DE MAISONNEUVE BLVD. WEST SUITE 2520, MONTREAL H3A0A8 • 514-906-0667

Q2 2025 · Filed 2025-07-23
Market Value
$513M
+5.6%
Holdings
158
-5
New Purchases
20
Added To
53
Closed
39
Reduced
39
Top 10 Concentration
28.6%
Turnover
37.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TD 1.65% 0.00% +1.65% $8M
SPOT 1.13% 0.00% +1.13% $6M
CLS 2.82% 1.73% +1.09% $14M
CAE 0.90% 0.00% +0.90% $5M
RELX 1.35% 0.45% +0.90% $7M
FTS 1.95% 1.06% +0.89% $10M
NVDA 1.99% 1.22% +0.77% $10M
AVGO 1.83% 1.07% +0.77% $9M
IAG 1.09% 0.34% +0.75% $6M
TOST 0.75% 0.00% +0.75% $4M
STN 0.73% 0.00% +0.73% $4M
TTAN 0.71% 0.00% +0.71% $4M
TIGO 0.67% 0.00% +0.67% $3M
GILD 0.75% 0.09% +0.66% $4M
MCK 0.63% 0.00% +0.63% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PBA 0.00% 2.20% -2.20% $0
MFC 1.34% 2.32% -0.98% $7M
AGI 2.25% 3.21% -0.96% $12M
TRP 0.99% 1.93% -0.94% $5M
MMC 0.34% 1.28% -0.93% $2M
GIL 0.00% 0.93% -0.93% $0
BNS 0.69% 1.54% -0.85% $4M
DSGX 0.58% 1.43% -0.85% $3M
BN 3.19% 3.99% -0.80% $16M
RY 5.55% 6.33% -0.78% $28M
IMO 0.00% 0.73% -0.73% $0
AVB 0.00% 0.72% -0.72% $0
PG 0.00% 0.70% -0.70% $0
ANET 0.15% 0.85% -0.70% $783K
KEY 0.00% 0.66% -0.66% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 28.9%
Technology 19.3%
Basic Materials 11.8%
Energy 8.7%
Industrials 7.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 21 $115M 22.3%
Large Cap 104 $349M 68.0%
Mid Cap 28 $45M 8.8%
Small Cap 5 $5M 0.9%

Portfolio Analytics

Avg Market Cap
$256.5B
Median Market Cap
$42.2B
Avg P/E
34.1
Median P/E
27.3
Avg Dividend Yield
0.01%
Avg Beta
1.00
# Stocks
154
# ETFs / Funds
4

Top Holdings (158 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 RY 5.55% 216,559 $28M $131.53 -$2M -56,638 -20.7%
2 BN 3.19% 264,943 $16M $61.77 -$3M -105,729 -28.5%
3 SHOP 3.01% 134,249 $15M $115.10 $538K -22,550 -14.4%
4 CLS 2.82% 92,775 $14M $155.93 $6M -14,005 -13.1%
5 CM 2.65% 192,086 $14M $70.84 $3M -3,750 -1.9%
6 KGC 2.61% 859,091 $13M $15.60 -$2M -354,541 -29.2%
7 ENB 2.31% 262,391 $12M $45.25 $2M +33,325 +14.6%
8 AGI 2.25% 435,364 $12M $26.54 -$4M -148,200 -25.4%
9 BMO 2.23% 103,567 $11M $110.60 -$2M -39,505 -27.6%
10 NVDA 1.99% 64,600 $10M $157.99 $4M +10,091 +18.5%
11 FTS 1.95% 209,745 $10M $47.65 $5M +96,685 +85.5%
12 AVGO 1.83% 34,122 $9M $275.65 $4M +3,153 +10.2%
13 MSFT 1.80% 18,575 $9M $497.41 $3M +1,818 +10.8%
14 NTR 1.75% 154,600 $9M $58.15 $1M +2,358 +1.6%
15 RACE 1.74% 18,223 $9M $490.74 -$304K -3,388 -15.7%
16 GOOGL 1.67% 48,588 $9M $176.23 -$142K -7,703 -13.7%
17 TD 1.65% 115,690 $8M $73.40 +115,690 NEW
18 MELI 1.63% 3,200 $8M $2,613.63 $3M +275 +9.4%
19 ARES 1.60% 47,287 $8M $173.20 $1M -1,092 -2.3%
20 JPM 1.53% 27,154 $8M $289.91 $2M +3,796 +16.2%
21 RELX 1.35% 127,720 $7M $54.34 $5M +84,010 +192.2%
22 MFC 1.34% 215,410 $7M $31.91 -$4M -146,893 -40.5%
23 WELL 1.27% 42,449 $7M $153.73 $840K +5,341 +14.4%
24 AXON 1.25% 7,765 $6M $827.94 $3M +317 +4.3%
25 TJX 1.23% 51,160 $6M $123.49 $508K +3,459 +7.2%
26 META 1.22% 8,456 $6M $738.09 $2M +1,156 +15.8%
27 V 1.19% 17,137 $6M $355.05 $1M +3,657 +27.1%
28 PAAS 1.16% 211,010 $6M $28.32 $2M +47,500 +29.1%
29 SPOT 1.13% 7,529 $6M $767.34 +7,529 NEW
30 NOW 1.10% 5,489 $6M $1,028.08 $1M +2 +0.0%
31 IAG 1.09% 759,188 $6M $7.35 $4M +496,686 +189.2%
32 GEV 1.07% 10,402 $6M $529.15 $3M +2,920 +39.0%
33 TRP 0.99% 104,481 $5M $48.72 -$4M -94,145 -47.4%
34 TSM 0.97% 22,089 $5M $226.49 $2M +6,817 +44.6%
35 BSX 0.97% 46,484 $5M $107.41 $497K +1,915 +4.3%
36 AER 0.97% 42,510 $5M $117.00 $763K +1,300 +3.1%
37 RSG 0.95% 19,846 $5M $246.61 $478K +1,611 +8.8%
38 AJG 0.94% 15,077 $5M $320.12 -$773K -1,142 -7.0%
39 CAE 0.90% 157,900 $5M $29.25 +157,900 NEW
40 IBN 0.89% 135,120 $5M $33.64 $294K +225 +0.2%
41 UNM 0.87% 55,290 $4M $80.76 $1M +17,805 +47.5%
42 WCN 0.85% 23,365 $4M $186.44 -$2M -9,364 -28.6%
43 XPEV 0.83% 236,865 $4M $17.88 $2M +106,795 +82.1%
44 AEM 0.82% 35,535 $4M $118.90 -$1M -16,065 -31.1%
45 SYK 0.80% 10,424 $4M $395.63 $3M +6,428 +160.9%
46 CNQ 0.76% 124,670 $4M $31.37 $1M +39,717 +46.8%
47 VOO 0.76% 6,835 $4M $568.03 $542K +335 +5.2%
48 HLI 0.75% 21,500 $4M $179.95 $210K -1,156 -5.1%
49 GILD 0.75% 34,666 $4M $110.87 $3M +30,971 +838.2%
50 TOST 0.75% 86,727 $4M $44.29 +86,727 NEW
51 COST 0.73% 3,805 $4M $989.94 $561K +416 +12.3%
52 WAB 0.73% 17,850 $4M $209.35 $2M +6,983 +64.3%
53 STN 0.73% 34,319 $4M $108.59 +34,319 NEW
54 GATX 0.72% 24,176 $4M $153.56 $1M +9,690 +66.9%
55 MMYT 0.72% 37,769 $4M $98.02 $1M +13,346 +54.6%
56 TTAN 0.71% 34,037 $4M $107.18 +34,037 NEW
57 SLF 0.71% 54,630 $4M $66.41 -$380K -15,400 -22.0%
58 BNS 0.69% 64,190 $4M $55.19 -$4M -93,981 -59.4%
59 BBU 0.69% 135,680 $4M $25.97 -$474K -35,005 -20.5%
60 NU 0.68% 254,379 $3M $13.72 $251K -61,977 -19.6%
61 ORLY 0.68% 38,685 $3M $90.13 $3M +38,395 +13239.7%
62 TIGO 0.67% 91,505 $3M $37.47 +91,505 NEW
63 KD 0.66% 80,565 $3M $41.96 $840K -335 -0.4%
64 ROP 0.64% 5,772 $3M $566.84 $3M +5,380 +1372.5%
65 MCK 0.63% 4,434 $3M $732.78 +4,434 NEW
66 PANW 0.62% 15,621 $3M $204.64 $490K -239 -1.5%
67 CHRW 0.61% 32,645 $3M $95.95 -$211K
68 SFM 0.60% 18,702 $3M $164.64 $817K +3,884 +26.2%
69 BOW 0.60% 81,720 $3M $37.53 $2M +61,845 +311.2%
70 NGD 0.58% 601,765 $3M $4.96 $1M +177,993 +42.0%
71 DSGX 0.58% 29,305 $3M $101.38 -$4M -39,655 -57.5%
72 BABA 0.56% 25,450 $3M $113.41 $148K +4,740 +22.9%
73 WPM 0.54% 30,600 $3M $89.75 -$939K -16,900 -35.6%
74 ROL 0.52% 47,465 $3M $56.42 $2M +42,980 +958.3%
75 CCJ 0.50% 34,350 $3M $74.12 $288K -20,500 -37.4%
76 AMZN 0.47% 11,012 $2M $219.39 $109K -1,114 -9.2%
77 BCH 0.46% 77,380 $2M $30.42 $2M +53,735 +227.3%
78 ABT 0.43% 16,285 $2M $136.01 +16,285 NEW
79 T 0.41% 73,389 $2M $28.94 $531K +17,079 +30.3%
80 NVS 0.41% 17,465 $2M $121.01 $166K
81 CSCO 0.35% 25,574 $2M $69.38 $832K +10,302 +67.5%
82 MMC 0.34% 8,018 $2M $218.64 -$4M -17,375 -68.4%
83 UBER 0.34% 18,463 $2M $93.30 $1M +11,232 +155.3%
84 EFA 0.29% 16,796 $2M $89.39 -$27K -1,903 -10.2%
85 AZO 0.28% 391 $1M $3,712.23 $1M +312 +394.9%
86 CARR 0.28% 19,420 $1M $73.19 +19,420 NEW
87 OTIS 0.27% 13,969 $1M $99.02 -$58K
88 ECL 0.27% 5,068 $1M $269.44 $199K +468 +10.2%
89 EZPW 0.26% 95,195 $1M $13.88 $585K +45,175 +90.3%
90 CTAS 0.24% 5,479 $1M $222.87 $397K +1,470 +36.7%
91 GFL 0.24% 24,196 $1M $50.38 -$2M -42,580 -63.8%
92 ARIS 0.23% 174,907 $1M $6.72 +174,907 NEW
93 MOS 0.23% 32,065 $1M $36.48 $609K +11,310 +54.5%
94 CEG 0.23% 3,595 $1M $322.76 -$920K -6,724 -65.2%
95 TTWO 0.20% 4,224 $1M $242.85 $254K +499 +13.4%
96 TDG 0.19% 625 $950K $1,520.64 $181K +69 +12.4%
97 VEEV 0.17% 2,958 $852K $287.98 $180K +56 +1.9%
98 ANET 0.15% 7,650 $783K $102.31 -$3M -45,502 -85.6%
99 OWL 0.13% 35,948 $691K $19.21 -$91K -3,045 -7.8%
100 ISRG 0.13% 1,212 $659K $543.41 -$77K -273 -18.4%

New Positions

SymbolValue% Port
TD $8M 1.65%
SPOT $6M 1.13%
CAE $5M 0.90%
TOST $4M 0.75%
STN $4M 0.73%
TTAN $4M 0.71%
TIGO $3M 0.67%
MCK $3M 0.63%
ABT $2M 0.43%
CARR $1M 0.28%
ARIS $1M 0.23%
TKO $609K 0.12%
PBI $530K 0.10%
KR $448K 0.09%
GSY $400K 0.08%

Sold Out Positions

SymbolValue% Port
AVB —%
NVT —%
ACN —%
CFG —%
NEE —%
AMT —%
AFL —%
CL —%
GIL —%
ONON —%
KEY —%
IRM —%
PG —%
RGA —%
MAA —%
View SEC EDGAR Filings for Triasima Portfolio Management inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms