Desempenho vs S&P 500

03
Monitorado Q1 2025–Q2 2026 +33.1%
Retorno total do S&P 500 (mesma janela) +37.0%
Retorno excedente -3.9%

Anualizado: +25.7% · S&P 500: +28.7%

Aproxima um portfólio de compra e manutenção construído a partir de instantâneos trimestrais da SEC 13F. Exclui caixa, posições vendidas, opções/derivativos e títulos não 13(f) — reflete apenas o livro de ações longas divulgado, não o AUM total do fundo. O atraso na declaração da SEC é de até 45 dias; esta não é uma cópia em tempo real para fins de timing.

Cobertura precificável: 98,3% · Opções excluídas: 0,1%

Distribuição setorial

04
Financials 26,9%
Technology 19,0%
Energy 12,7%
Industrials 11,5%
Materials 7,1%
Consumer Discretionary 5,1%
Healthcare 4,0%
Communication Services 3,7%
Retail 3,2%
Utilities 2,8%
Real Estate 0,9%
Consumer products 0,6%
Outros/Não mapeado 2,4%

Portfólio completo 174 posições

05
Tipo Sequência Tendência de 8T
RY Royal Bank Of Canada Common Stock $330.433.521 8,03% 1.596.304 $55.348.503 Baixa ×2
CNQ Canadian Natural Resources Limited Common Stock $154.636.222 3,76% 3.909.304 $-13.269.908 Alta ×4
TD Toronto Dominion Bank (The) Common Stock $150.450.694 3,66% 1.237.833 $29.264.301 Baixa ×2
GIB CGI Inc. Common Stock $142.240.890 3,46% 2.201.421 $38.570.145 Alta ×5
BN Brookfield Corporation Class A Limited Voting Shares $142.170.500 3,46% 3.333.406 $31.017.649 Alta ×5
AEM Agnico Eagle Mines Limited Common Stock $136.745.747 3,32% 880.414 $-28.920.897 Alta ×1
SU Suncor Energy Inc. Common Stock $122.410.530 2,98% 2.276.146 $4.310.514 Alta ×1
OTEX Open Text Corporation - Common Shares $112.789.254 2,74% 5.097.794 $11.258.795 Alta ×2
BMO Bank Of Montreal Common Stock $108.647.578 2,64% 614.927 $16.746.602 Baixa ×4
CP Canadian Pacific Kansas City Limited Common Shares $102.420.328 2,49% 1.181.757 $6.492.588 Baixa ×1
BGSI Boyd Group Services Inc. Common Shares $101.964.421 2,48% 1.077.236 $23.494.087 Alta ×2
AAPL Apple Inc. - Common Stock $101.098.622 2,46% 349.387 $16.158.155 Alta ×2
CM Canadian Imperial Bank of Commerce Common Stock $90.584.898 2,20% 786.905 $12.823.813 Baixa ×4
AVGO Broadcom Inc. - Common Stock $89.825.173 2,18% 237.790 $20.204.613 Alta ×2
ASML ASML Holding N.V. - New York Registry Shares $80.401.228 1,95% 40.414 $30.047.226 Alta ×2
Emissor desconhecido (CUSIP: 55293N109) $78.649.743 1,91% 1.906.121 $-11.189.063 Baixa ×1
GOOGL Alphabet Inc. - Class A Common Stock $74.147.842 1,80% 207.482 $17.192.558 Alta ×5
MSFT Microsoft Corporation - Common Stock $71.869.017 1,75% 192.668 $6.895.668 Alta ×2
QSR Restaurant Brands International Inc. Common Shares $68.351.287 1,66% 942.679 $-3.901.522 Baixa ×1
GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock $67.611.171 1,64% 1.311.862 $1.050.033 Alta ×1
WMB Williams Companies, Inc. (The) Common Stock $65.575.983 1,59% 882.109 $5.129.864 Alta ×2
ENB Enbridge Inc Common Stock $62.780.786 1,53% 1.158.110 $-4.219.135 Baixa ×2
COST Costco Wholesale Corporation - Common Stock $62.450.106 1,52% 66.758 $-2.174.358 Alta ×2
SHOP Shopify Inc. - Class A Subordinate Voting Shares $61.128.131 1,49% 534.485 $-829.187 Alta ×2
MFC Manulife Financial Corporation Common Stock $55.980.592 1,36% 1.380.780 $5.659.493 Baixa ×2
CNI Canadian National Railway Company Common Stock $50.358.321 1,22% 422.207 $7.122.793 Alta ×5
TTE TotalEnergies SE Ordinary Shares $43.921.181 1,07% 564.830 $-6.221.263 Alta ×2
BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares $41.919.615 1,02% 483.249 $7.827.404 Baixa ×2
FTS Fortis Inc. Common Shares $41.744.145 1,01% 728.917 $319.686 Baixa ×1
SLF Sun Life Financial Inc. Common Stock $40.908.832 0,99% 521.234 $11.544.862 Alta ×5
JNJ Johnson & Johnson Common Stock $40.040.656 0,97% 157.659 $1.331.627 Baixa ×1
NVDA NVIDIA Corporation - Common Stock $39.369.708 0,96% 196.760 $19.760.521 Alta ×3
WPM Wheaton Precious Metals Corp Common Shares (Canada) $37.905.130 0,92% 337.081 $-6.525.465 Baixa ×1
MCD McDonald's Corporation Common Stock $37.544.978 0,91% 138.896 $-4.687.032 Alta ×5
EQIX Equinix, Inc. - Common Stock $36.288.723 0,88% 34.813 $3.979.032 Alta ×2
AZN AstraZeneca PLC - American Depositary Shares $33.597.820 0,82% 177.185 $20.721 Alta ×1
B Barrick Mining Corporation Common Shares $32.941.450 0,80% 896.178 $-1.737.396 Alta ×1
META Meta Platforms, Inc. - Class A Common Stock $31.073.892 0,76% 55.165 $764.161 Alta ×2
TECK Teck Resources Ltd Ordinary Shares $30.798.581 0,75% 517.290 $-12.087.814 Baixa ×3
MA Mastercard Incorporated Common Stock $30.368.654 0,74% 59.129 $703.340 Baixa ×1
PH Parker-Hannifin Corporation Common Stock $29.706.483 0,72% 30.371 $9.366.631 Alta ×2
RSG Republic Services, Inc. Common Stock $29.500.287 0,72% 138.447 $593.590 Alta ×2
TJX TJX Companies, Inc. (The) Common Stock $29.096.787 0,71% 192.058 $-29.140 Alta ×2
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $27.754.823 0,67% 357.942 $-3.592.408 Alta ×2
ABBV AbbVie Inc. Common Stock $26.640.120 0,65% 105.866 $5.204.306 Alta ×2
HIG The Hartford Insurance Group, Inc. Common Stock $26.299.124 0,64% 198.454 $762.967 Alta ×2
RCI Rogers Communication, Inc. Common Stock $25.696.183 0,62% 790.127 $-2.588.988 Alta ×5
BIP Brookfield Infrastructure Partners LP Limited Partnership Units $25.549.531 0,62% 699.776 $186.796 Baixa ×1
STN Stantec Inc Common Stock $25.266.487 0,61% 366.195 $-6.306.686 Baixa ×1
WM Waste Management, Inc. Common Stock $24.654.986 0,60% 110.620 $437.877 Alta ×2
NTR Nutrien Ltd. Common Shares $24.154.075 0,59% 384.134 $1.734.510 Alta ×1
APH Amphenol Corporation Common Stock $24.116.345 0,59% 136.776 $7.722.811 Alta ×4
BAM Brookfield Asset Management Inc Class A Limited Voting Shares $23.001.458 0,56% 512.297 $7.106.467 Alta ×3
HD Home Depot, Inc. (The) Common Stock $21.255.671 0,52% 60.269 $2.046.193 Alta ×2
GWW W.W. Grainger, Inc. Common Stock $21.000.495 0,51% 15.437 $6.776.332 Alta ×2
LLY Eli Lilly and Company Common Stock $20.271.567 0,49% 16.901 $5.573.642 Alta ×2
PBA Pembina Pipeline Corp. Ordinary Shares (Canada) $20.207.537 0,49% 436.901 $290.766 Baixa ×3
TRP TC Energy Corporation Common Stock $18.545.617 0,45% 280.149 $920.444 Baixa ×5
DRI Darden Restaurants, Inc. Common Stock $17.473.769 0,42% 84.820 $1.619.034 Alta ×2
WEC WEC Energy Group, Inc. Common Stock $17.120.467 0,42% 146.617 $1.220.730 Alta ×2
AMZN Amazon.com, Inc. - Common Stock $16.999.362 0,41% 71.324 $2.051.824 Baixa ×1
ORCL Oracle Corporation Common Stock $16.828.922 0,41% 114.834 $901.616 Alta ×2
IBN ICICI Bank Limited Common Stock $15.968.445 0,39% 550.067 $2.362.553 Alta ×4
VST Vistra Corp. Common Stock $14.994.818 0,36% 94.527 $4.082.664 Alta ×3
JPM JP Morgan Chase & Co. Common Stock $13.926.583 0,34% 42.546 $1.523.033 Alta ×4
ITW Illinois Tool Works Inc. Common Stock $12.456.496 0,30% 46.055 $886.085 Alta ×2
APD Air Products and Chemicals, Inc. Common Stock $12.425.848 0,30% 42.383 $573.565 Alta ×2
AMGN Amgen Inc. - Common Stock $12.236.397 0,30% 33.791 $871.994 Alta ×2
WCN Waste Connections, Inc. Common Shares $11.887.231 0,29% 71.344 $11.060.275 Alta ×2
BIPC Brookfield Infrastructure Corporation Brookfield Infrastructure Corporation $11.590.888 0,28% 300.687 $-256.446 Baixa ×2
PG Procter & Gamble Company (The) Common Stock $10.999.466 0,27% 75.010 $627.230 Alta ×1
HBM Hudbay Minerals Inc. Ordinary Shares (Canada) $10.672.226 0,26% 452.109 $1.200.632 Baixa ×2
UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) $9.137.098 0,22% 151.981 $873.827 Alta ×2
DSGX The Descartes Systems Group Inc. - Common Stock $8.818.025 0,21% 127.360 $-4.810.282 Baixa ×1
VRT Vertiv Holdings, LLC Class A Common Stock $8.316.594 0,20% 24.839 $2.043.574 Baixa ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $8.306.366 0,20% 19.985 $3.078.026 Alta ×1
BKNG Booking Holdings Inc. - Common Stock $7.784.097 0,19% 43.672 $112.894 Alta ×2
GOOG Alphabet Inc. - Class C Capital Stock $6.920.321 0,17% 19.586 $1.309.913 Alta ×2
LRCX Lam Research Corporation - Common Stock $6.634.716 0,16% 15.311 $1.380.176 Baixa ×1
AFL AFLAC Incorporated Common Stock $6.377.110 0,15% 54.389 $-303.132 Baixa ×1
V Visa Inc. $6.302.563 0,15% 18.370 $750.112 Baixa ×1
CVE Cenovus Energy Inc Common Stock $5.942.885 0,14% 239.597 $-395.748
OSK Oshkosh Corporation (Holding Company)Common Stock $5.713.600 0,14% 37.227 $233.413
ADI Analog Devices, Inc. - Common Stock $5.697.801 0,14% 14.346 $1.471.311 Alta ×1
SNY Sanofi - American Depositary Shares $5.647.245 0,14% 132.378 $-388.601 Alta ×2
TSAT Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares $5.426.323 0,13% 107.029 Alta ×1
AMD Advanced Micro Devices, Inc. - Common Stock $5.333.335 0,13% 9.181 Alta ×1
PANW Palo Alto Networks, Inc. - Common Stock $5.224.767 0,13% 15.321 $1.845.382 Baixa ×1
CME CME Group Inc. - Class A Common Stock $5.123.256 0,12% 23.200 $-2.910.264 Baixa ×3
MPWR Monolithic Power Systems, Inc. - Common Stock $5.069.114 0,12% 3.667 $1.116.654 Alta ×2
CDNS Cadence Design Systems, Inc. - Common Stock $4.886.666 0,12% 13.020 $1.271.855 Alta ×4
EMR Emerson Electric Company Common Stock $4.732.969 0,12% 33.063 $-423.978 Baixa ×1
ISRG Intuitive Surgical, Inc. - Common Stock $4.603.544 0,11% 11.576 $-804.791 Baixa ×1
AMAT Applied Materials, Inc. - Common Stock $4.428.375 0,11% 6.125 $1.446.257 Baixa ×3
CB Chubb Limited Common Stock $4.428.257 0,11% 12.996 $220.501 Alta ×2
YUMC Yum China Holdings, Inc. Common Stock $4.172.827 0,10% 102.100 $-1.905.893 Baixa ×3
GBX Greenbrier Companies, Inc. (The) Common Stock $3.888.404 0,09% 79.339 $1.817.206 Alta ×1
SHW Sherwin-Williams Company (The) Common Stock $3.870.845 0,09% 11.242 $259.528 Baixa ×1
SAN Banco Santander, S.A. Sponsored ADR (Spain) $3.767.883 0,09% 273.035 $669.989 Baixa ×1
ILMN Illumina, Inc. - Common Stock $3.762.762 0,09% 21.400 $533.350 Baixa ×3

Posições de convicção

08

Posições aumentadas por 3 ou mais trimestres consecutivos.

As contagens de ações são conforme relatado nos registros 13F (não ajustadas por desdobramento)

TítuloValor% do portfólioSequência
CNQ $154.636.222 3,76% acima ×4
GIB $142.240.890 3,46% acima ×5
BN $142.170.500 3,46% acima ×5
GOOGL $74.147.842 1,80% acima ×5
CNI $50.358.321 1,22% acima ×5
SLF $40.908.832 0,99% acima ×5
NVDA $39.369.708 0,96% acima ×3
MCD $37.544.978 0,91% acima ×5
RCI $25.696.183 0,62% acima ×5
APH $24.116.345 0,59% acima ×4
BAM $23.001.458 0,56% acima ×3
IBN $15.968.445 0,39% acima ×4
VST $14.994.818 0,36% acima ×3
JPM $13.926.583 0,34% acima ×4
CDNS $4.886.666 0,12% acima ×4

Maiores novas apostas

09

Novas posições abertas neste trimestre, maiores primeiro.

TítuloValorAções% do portfólio
TSAT $5.426.323 107.029 0,13%
AMD $5.333.335 9.181 0,13%
TER $3.237.858 6.692 0,08%
MKSI $3.103.370 6.977 0,08%
Emissor desconhecido (CUSIP: 884903881) $235.478 2.884 0,01%
PSKY $104.536 10.602 0,00%

Maiores variações (QoQ)

10
TítuloMovimentoAções ΔValor Δ
RY Reduziu -111K +$55.3M
GIB Comprou mais +779K +$38.6M
BN Comprou mais +582K +$31.0M
ASML Comprou mais +2K +$30.0M
TD Reduziu -64K +$29.3M
AEM Comprou mais +62K -$28.9M
BGSI Comprou mais +461K +$23.5M
AVGO Comprou mais +13K +$20.2M
NVDA Comprou mais +84K +$19.8M
GOOGL Comprou mais +9K +$17.2M

Posições encerradas

11

Inclui eventos corporativos (fusões, deslistagens) — nem todas as saídas são vendas

Posições fechadas refletem mudanças no reporte 13F; para gestores de índice, estas são frequentemente mecânicas (deslistagem, fusões e aquisições, rebalanceamento de índice), não decisões ativas.

TítuloTrimestreAções antesValor antesPreço desde a saída
BEPC 31 de Dezembro de 2025 613.814 $21.135.424 -22,7%
GRTUF 30 de Junho de 2026 268.462 $15.735.869 Não mais rastreado
MSI 30 de Junho de 2026 31.945 $13.863.172 9,9%
UL (registrado como ULXXXX) 31 de Dezembro de 2025 165.353 $9.802.126 -7,0%
GOLD 30 de Junho de 2025 420.680 $8.166.614 87,4%
KVUE 31 de Dezembro de 2025 469.900 $7.626.477 2,0%
EOG 31 de Dezembro de 2025 57.850 $6.486.142 37,4%
WAT 31 de Março de 2026 10.900 $4.140.147 46,6%
CCJ 31 de Março de 2026 36.892 $3.379.683 -14,4%
EWJV 30 de Junho de 2025 77.038 $2.563.054
ARM 31 de Março de 2026 19.906 $2.175.925 100,0%
IWTR 30 de Setembro de 2025 58.200 $1.967.160
NVO 31 de Dezembro de 2025 19.213 $1.066.129 -26,2%
CRH 30 de Junho de 2026 7.408 $778.729 -21,9%
FISV 31 de Dezembro de 2025 3.486 $449.450 -32,3%
TRI 30 de Junho de 2026 2.941 $264.670 20,1%
BYD 31 de Dezembro de 2025 2.898 $250.532 -17,4%
PEP 30 de Junho de 2026 1.595 $247.688 -7,2%
BCE 30 de Junho de 2026 9.039 $227.343 -8,2%
T 31 de Dezembro de 2025 7.612 $214.963 -1,7%
CNR 31 de Dezembro de 2025 2.471 $206.279 1,9%
PTEN 30 de Junho de 2026 13.922 $150.775 24,3%
GTM 30 de Setembro de 2025 12.378 $125.265 -66,5%
VLY 30 de Setembro de 2025 13.760 $122.877 19,5%
AMBP 31 de Março de 2026 19.983 $81.930 9,6%
RES 31 de Dezembro de 2025 13.589 $64.684 11,0%
PTEN 31 de Dezembro de 2025 11.605 $60.114 86,7%
PLTK 31 de Março de 2026 14.794 $58.436 -17,6%
OPTU 31 de Dezembro de 2025 21.408 $51.593 -41,8%
ALIT 31 de Março de 2026 11.594 $22.608 1454,0%
KOS 31 de Dezembro de 2025 12.164 $20.192 185,7%