Addenda Capital Inc.

Q4 2025 13F-HR Holdings

Location
Montreal, A8
Holdings as of
12/31/2025
Date filed
1/22/2026
Form type
13F-HR
Num holdings
125
Total value ($000)
$3,407,788
Net value change ($000)
+27,717 (0.8%)
New positions
6
Sold out positions
7
Turnover %
2.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/9/2025 Next filing: 4/15/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AMZN 28,557 337.0%
FNV 24,409 72.8%
TD 21,100 14.3%
WPM 18,493 25.1%
RY 17,351 11.8%
CCJ 15,744 30.3%
BGSI 14,892 NEW
BNS 9,931 10.1%
AGI 7,658 6.9%
SHOP 7,107 4.9%
Top Reduces (Value $000, Stocks/ETFs)
TECK -22,375 -66.8%
GFL -15,109 -100.0%
AEM -14,450 -8.5%
FISV -11,093 -100.0%
CP -10,604 -12.7%
ENB -8,509 -8.4%
APH -8,021 -23.0%
CNQ -7,995 -8.2%
MIDD -7,552 -100.0%
LKQ -7,233 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type