Galibier Capital Management Ltd.
CIK 1765768 · View on SEC EDGAR ↗
- Portfolio value
- $300.1M
- Positions
- 38
- As of
- Sept. 30, 2025 Data as of Q3 2025
#5,171 of 9,443 by 13F value · top 54.8%
Portfolio value QoQ: -9.8% 13F does not disclose cash
- Top 10 holdings weight
- 71.11%
- Top 25 holdings weight
- 97.26%
- Positions above 1%
- 18
- Effective number of positions
- 15.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q3 2025: 0.15% Est. buys $471,926 · sells $62,056,111
Median holding: 4.0 quarters Tracked Q4 2024–Q3 2025 · 86.4% still held
- New positions
- 0
- Increased
- 1
- Decreased
- 22
- Closed
- 3
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +33.9% · S&P 500: +18.3%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.7% · Options excluded: 0.0%
Sector breakdown
Financials
24.2%
Materials
21.7%
Energy
16.6%
Industrials
12.5%
Consumer Discretionary
7.5%
Technology
5.4%
Telecommunication
4.1%
Paper & Forest
3.1%
Health Care
1.7%
Retail
0.4%
Consumer products
0.4%
Communication Services
0.3%
Other/Unmapped
2.1%
Full portfolio 38 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AEM Agnico Eagle Mines Limited Common Stock | $38,105,889 | 12.70% | 226,197 | $4,978,929 | Down ×3 | ||
| RY Royal Bank Of Canada Common Stock | $32,499,862 | 10.83% | 220,458 | $-1,104,009 | Down ×1 | ||
| ENB Enbridge Inc Common Stock | $25,209,628 | 8.40% | 499,597 | $-88,531 | Down ×3 | ||
| CNQ Canadian Natural Resources Limited Common Stock | $20,262,131 | 6.75% | 633,545 | $-986,171 | Down ×3 | ||
| MFC Manulife Financial Corporation Common Stock | $19,798,308 | 6.60% | 635,318 | $-2,859,397 | Down ×1 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $17,879,424 | 5.96% | 240,014 | $-3,360,825 | Down ×1 | ||
| CM Canadian Imperial Bank of Commerce Common Stock | $16,946,203 | 5.65% | 212,022 | $-3,262,312 | Down ×3 | ||
| NTR Nutrien Ltd. Common Shares | $16,484,200 | 5.49% | 280,633 | $-1,721,077 | Down ×3 | ||
| GIB CGI Inc. Common Stock | $13,829,627 | 4.61% | 155,232 | $-4,230,633 | Down ×1 | ||
| TU Telus Corporation Ordinary Shares | $12,393,250 | 4.13% | 786,678 | $-2,069,848 | Down ×1 | ||
| QSR Restaurant Brands International Inc. Common Shares | $12,071,911 | 4.02% | 188,137 | $-1,764,913 | Down ×1 | ||
| ATS ATS Corporation Common Shares | $11,708,707 | 3.90% | 447,446 | $-3,771,901 | Down ×2 | ||
| HBM Hudbay Minerals Inc. Ordinary Shares (Canada) | $10,408,306 | 3.47% | 687,008 | $-1,719,742 | Down ×3 | ||
| GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock | $9,983,425 | 3.33% | 172,773 | $-3,437,475 | Down ×1 | ||
| WFG West Fraser Timber Co. Ltd Common stock | $9,217,022 | 3.07% | 135,552 | $-1,782,447 | Down ×3 | ||
| OSK Oshkosh Corporation (Holding Company)Common Stock | $4,828,342 | 1.61% | 37,227 | $601,588 | |||
| EQX | $4,672,503 | 1.56% | 417,019 | $1,636,685 | Down ×2 | ||
| CCJ Cameco Corporation Common Stock | $4,188,730 | 1.40% | 49,899 | $-7,963,263 | Down ×2 | ||
| HSIC Henry Schein, Inc. - Common Stock | $2,752,762 | 0.92% | 41,476 | $-277,060 | |||
| GBX Greenbrier Companies, Inc. (The) Common Stock | $2,206,880 | 0.74% | 47,799 | $-408,714 | Down ×1 | ||
| BRKB | $1,586,145 | 0.53% | 3,155 | $53,541 | |||
| AZO AutoZone, Inc. Common Stock | $1,329,974 | 0.44% | 310 | $587,528 | Up ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $1,186,017 | 0.40% | 3,760 | $95,955 | |||
| TMO Thermo Fisher Scientific Inc Common Stock | $1,179,569 | 0.39% | 2,432 | $193,490 | |||
| ING ING Group, N.V. Common Stock | $1,170,549 | 0.39% | 44,883 | $72,500 | Down ×3 | ||
| CL Colgate-Palmolive Company Common Stock | $1,169,602 | 0.39% | 14,631 | $-160,356 | |||
| CB Chubb Limited Common Stock | $1,099,928 | 0.37% | 3,897 | $-29,111 | |||
| ZBH Zimmer Biomet Holdings, Inc. Common Stock | $1,032,674 | 0.34% | 10,484 | $76,428 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,021,020 | 0.34% | 4,200 | $280,854 | |||
| AAPL Apple Inc. - Common Stock | $1,008,589 | 0.34% | 3,961 | $-134,823 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $750,510 | 0.25% | 1,449 | $-148,807 | Down ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $677,663 | 0.23% | 700 | $116,690 | |||
| WAB Westinghouse Air Brake Technologies Corporation Common Stock | $597,000 | 0.20% | 2,978 | $-26,444 | |||
| DECK Deckers Outdoor Corporation Common Stock | $516,987 | 0.17% | 5,100 | $-111,740 | Down ×1 | ||
| CNI Canadian National Railway Company Common Stock | $207,509 | 0.07% | 2,200 | $-21,262 | |||
| TRP TC Energy Corporation Common Stock | $98,761 | 0.03% | 1,816 | $10,283 | |||
| NKE Nike, Inc. Common Stock | $27,892 | 0.01% | 400 | $-524 | |||
| SOBO South Bow Corporation Common Shares | $10,274 | 0.00% | 363 | $864 | |||
| No matches | |||||||
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| BNS | March 31, 2025 | 476,721 | $25,586,083 | 85.7% |
| CVE | June 30, 2025 | 1,331,784 | $18,506,737 | 140.6% |
| TSM | June 30, 2025 | 4,210 | $698,860 | 85.5% |
| CVEWS | June 30, 2025 | 39,402 | $369,588 | No longer tracked |
| SQQQ | March 31, 2025 | 9,880 | $307,663 | |
| GOOG | March 31, 2025 | 1,225 | $233,289 | 117.0% |