13F-HR filed by Waratah Capital Advisors Ltd.
Waratah Capital Advisors Ltd. filed this 13F-HR for the quarter ended 2025-09-30, filed 2025-11-10, with 183 holding rows worth $5,661,304,085.
- Accession
- 0002060757-25-000005
- Filer
- CIK 1539919
- Filed
- 2025-11-10
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q3 2025
A holdings report, 183 entries on the cover page, a total value of $5,661,304,085 stated on the cover page (in dollars after the unit check, H1), rows summing to $5,661,304,085 with VALUE read as dollars as filed, 13F file number 028-15447. The quarter's positions are built on this report. The resolved quarter.
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| INVESCO QQQ TR | 46090E103 | COM | 2,279,300 | $1,368,423,341 | dollars as filed | put |
| SPDR GOLD TR | 78463V107 | GOLD SHS | 2,827,400 | $1,005,055,878 | dollars as filed | put |
| ISHARES TR | 464288513 | IBOXX HI YD ETF | 4,310,000 | $349,928,900 | dollars as filed | put |
| VANECK ETF TRUST | 92189F106 | GOLD MINERS ETF | 3,832,700 | $292,818,280 | dollars as filed | put |
| ISHARES TR | 464287432 | 20 YR TR BD ETF | 3,100,200 | $277,064,874 | dollars as filed | call |
| SPDR GOLD TR | 78463V107 | GOLD SHS | 474,000 | $168,492,780 | dollars as filed | call |
| Utilities Select Sector SPDR Fund | 81369Y886 | SHS | 1,370,000 | $119,477,700 | dollars as filed | call |
| INVESCO EXCHANGE-TRADED FD TR S&P 500 EQUAL WEIGHT ETF | 46137V357 | COM | 550,000 | $104,335,000 | dollars as filed | call |
| CENTERRA GOLD INC COM | 152006102 | Stock | 6,954,407 | $74,620,787 | dollars as filed | |
| iShares Russell 2000 ETF | 464287655 | SHS | 279,200 | $67,555,232 | dollars as filed | put |
| PAN AMERN SILVER CORP | 697900108 | COM | 1,340,842 | $51,930,811 | dollars as filed | |
| ROGERS COMMUNICATIONS INC CL B | 775109200 | Stock | 1,450,000 | $49,981,500 | dollars as filed | call |
| TELEDYNE TECHNOLOGIES INC COM | 879360105 | Stock | 82,596 | $48,404,560 | dollars as filed | |
| KINROSS GOLD CORP | 496902404 | COM | 1,869,033 | $46,445,470 | dollars as filed | |
| iShares Silver Trust | 46428Q109 | COM | 1,042,500 | $44,170,725 | dollars as filed | call |
| FLOOR & DECOR HLDGS INC CL A | 339750101 | Stock | 572,801 | $42,215,434 | dollars as filed | |
| Danaher Corporation | 235851102 | COM | 201,578 | $39,964,854 | dollars as filed | |
| EQUINOX GOLD CORP | 29446Y502 | COM | 3,526,159 | $39,563,504 | dollars as filed | |
| VAIL RESORTS INC COM | 91879Q109 | Stock | 228,388 | $34,159,993 | dollars as filed | |
| SHARKNINJA INC COM SHS | G8068L108 | Stock | 306,133 | $31,577,619 | dollars as filed | |
| NEXGEN ENERGY LTD COM | 65340P106 | Stock | 3,453,329 | $30,907,295 | dollars as filed | |
| EQUITY LIFESTYLE PROPERTIES COM | 29472R108 | REIT | 480,572 | $29,170,720 | dollars as filed | |
| TRANE TECHNOLOGIES PLC SHS | G8994E103 | Stock | 68,982 | $29,107,645 | dollars as filed | |
| CENOVUS ENERGY INC | 15135U109 | COM | 1,678,336 | $28,514,929 | dollars as filed | |
| VIZSLA SILVER CORP | 92859G608 | COM NEW | 6,554,415 | $28,315,073 | dollars as filed | |
| AGNICO EAGLE MINES LTD COM | 008474108 | Stock | 166,852 | $28,124,573 | dollars as filed | |
| IAMGOLD CORP COM | 450913108 | Stock | 2,113,558 | $27,328,305 | dollars as filed | |
| MARTIN MARIETTA MATLS INC COM | 573284106 | Stock | 38,681 | $24,379,861 | dollars as filed | |
| CANADIAN NAT RES LTD MED TERM COM | 136385101 | Stock | 757,028 | $24,194,615 | dollars as filed | |
| Costco Wholesale Corporation | 22160K105 | COM | 25,900 | $23,973,817 | dollars as filed | put |
| CHENIERE ENERGY INC COM NEW | 16411R208 | Stock | 99,468 | $23,372,991 | dollars as filed | |
| SKEENA RES LTD NEW | 83056P715 | COM | 1,227,900 | $22,630,197 | dollars as filed | |
| POOL CORP COM | 73278L105 | Stock | 71,891 | $22,291,242 | dollars as filed | |
| COMFORT SYS USA INC COM | 199908104 | Stock | 26,852 | $22,157,733 | dollars as filed | |
| ROGERS COMMUNICATIONS INC CL B | 775109200 | Stock | 609,300 | $21,002,571 | dollars as filed | |
| MCCORMICK & CO INC COM NON VTG | 579780206 | Stock | 313,439 | $20,972,203 | dollars as filed | |
| Microsoft Corp | 594918104 | COM | 40,000 | $20,718,000 | dollars as filed | call |
| ENTERGY CORP NEW COM | 29364G103 | Stock | 216,584 | $20,183,463 | dollars as filed | |
| ROPER TECHNOLOGIES INC COM | 776696106 | Stock | 38,892 | $19,395,051 | dollars as filed | |
| TORONTO DOMINION BK ONT COM NEW | 891160509 | Stock | 241,926 | $19,341,984 | dollars as filed | |
| SPDR SERIES TRUST | 78464A698 | ST STR SP REGBNK | 300,000 | $18,990,000 | dollars as filed | call |
| ARISTA NETWORKS INC | 040413205 | COM | 126,492 | $18,431,149 | dollars as filed | |
| BROOKFIELD CORP CL A LTD VT SH | 11271J107 | Stock | 400,000 | $18,288,010 | dollars as filed | call |
| CINTAS CORP COM | 172908105 | Stock | 84,000 | $17,241,840 | dollars as filed | put |
| VISTRA CORP COM | 92840M102 | Stock | 86,521 | $16,951,194 | dollars as filed | |
| ROYAL BK CDA COM | 780087102 | Stock | 107,588 | $15,849,864 | dollars as filed | |
| Broadcom Inc. | 11135F101 | COM | 47,807 | $15,772,007 | dollars as filed | |
| CHIPOTLEMEXICANGRILLI | 169656105 | STOK | 400,000 | $15,676,000 | dollars as filed | call |
| CHIPOTLEMEXICANGRILLI | 169656105 | STOK | 398,934 | $15,634,223 | dollars as filed | |
| EXPAND ENERGY CORPORATION COM | 165167735 | Stock | 144,396 | $15,340,631 | dollars as filed | |
| Prologis,Inc. | 74340W103 | COM | 133,259 | $15,260,821 | dollars as filed | |
| WELLTOWER INC COM | 95040Q104 | REIT | 84,837 | $15,112,863 | dollars as filed | |
| VERTIV HOLDINGS CO COM CL A | 92537N108 | Stock | 90,341 | $13,628,843 | dollars as filed | |
| XPO INC COM | 983793100 | Stock | 103,353 | $13,360,442 | dollars as filed | |
| SPDR SERIES TRUST | 78464A698 | ST STR SP REGBNK | 200,000 | $12,660,000 | dollars as filed | put |
| ORLA MNG LTD NEW | 68634K106 | COM | 1,170,554 | $12,641,983 | dollars as filed | |
| LENNAR CORP CL A | 526057104 | Stock | 100,000 | $12,604,000 | dollars as filed | call |
| KRANESHARES TRUST CSI CHI INTERNET | 500767306 | CSI CHI INTERNET | 300,000 | $12,603,000 | dollars as filed | call |
| CONSTELLATION ENERGY CORP COM | 21037T109 | Stock | 38,143 | $12,551,717 | dollars as filed | |
| JPMorgan Chase & Co | 46625H100 | COM | 39,115 | $12,338,044 | dollars as filed | |
| Caterpillar Inc. | 149123101 | COM | 25,584 | $12,207,406 | dollars as filed | |
| SUN CMNTYS INC COM | 866674104 | REIT | 94,028 | $12,129,612 | dollars as filed | |
| CUMMINS INC COM | 231021106 | Stock | 28,019 | $11,834,385 | dollars as filed | |
| BANK MONTREAL MEDIUM COM | 063671101 | Stock | 90,548 | $11,793,877 | dollars as filed | |
| IShares Bitcoin Trust Registered | 46438F101 | SHS | 180,500 | $11,732,500 | dollars as filed | call |
| iShares Expanded Tech-Software Sector ETF | 464287515 | SHS | 100,000 | $11,501,000 | dollars as filed | put |
| STATE STREET SPDR ETF S&P RETAIL | 78464A714 | ETF | 130,000 | $11,203,400 | dollars as filed | put |
| MAGNA INTL INC COM | 559222401 | Stock | 235,500 | $11,157,990 | dollars as filed | call |
| B2GOLD CORP COM | 11777Q209 | Stock | 2,250,259 | $11,138,782 | dollars as filed | |
| ARISTA NETWORKS INC | 040413205 | COM | 75,000 | $10,928,250 | dollars as filed | put |
| FRANCO NEV CORP COM | 351858105 | Stock | 48,956 | $10,912,782 | dollars as filed | |
| DEVON ENERGY CORP NEW COM | 25179M103 | Stock | 308,207 | $10,805,737 | dollars as filed | |
| NVENT ELEC PLC SHS | G6700G107 | Stock | 109,140 | $10,765,570 | dollars as filed | |
| TALEN ENERGY CORP COM | 87422Q109 | Stock | 25,294 | $10,759,562 | dollars as filed | |
| EXPAND ENERGY CORPORATION COM | 165167735 | Stock | 100,000 | $10,624,000 | dollars as filed | call |
| Micron Technology,Inc. | 595112103 | COM | 60,000 | $10,039,200 | dollars as filed | put |
| Broadcom Inc. | 11135F101 | COM | 30,000 | $9,897,300 | dollars as filed | put |
| Bank of America Corp | 060505104 | COM | 191,681 | $9,888,823 | dollars as filed | |
| Amazon.com, Inc | 023135106 | COM | 45,000 | $9,880,650 | dollars as filed | call |
| COEUR MNG INC COM NEW | 192108504 | Stock | 525,785 | $9,863,727 | dollars as filed | |
| SPY | 78462F103 | SHS | 14,800 | $9,859,464 | dollars as filed | put |
| EMCOR GROUP INC COM | 29084Q100 | Stock | 14,822 | $9,627,482 | dollars as filed | |
| IMPERIAL OIL LTD COM NEW | 453038408 | Stock | 100,000 | $9,074,000 | dollars as filed | |
| FOX CORP CL A COM | 35137L105 | Stock | 142,026 | $8,956,160 | dollars as filed | |
| Home Depot, Inc | 437076102 | COM | 22,095 | $8,952,673 | dollars as filed | |
| CANADIAN IMPERIAL BANK OF COMM COM | 136069101 | Stock | 111,809 | $8,932,421 | dollars as filed | |
| SPROTT INC | 852066208 | COM NEW | 106,459 | $8,856,324 | dollars as filed | |
| BRP INC COM SUN VTG | 05577W200 | Stock | 145,328 | $8,833,036 | dollars as filed | |
| AMPHENOL CORP NEW | 032095101 | COM | 70,934 | $8,778,083 | dollars as filed | |
| SHERWIN WILLIAMS CO | 824348106 | COM | 25,000 | $8,656,500 | dollars as filed | call |
| Prologis,Inc. | 74340W103 | COM | 75,000 | $8,589,000 | dollars as filed | call |
| DT MIDSTREAM INC COMMON STOCK | 23345M107 | Stock | 75,000 | $8,479,500 | dollars as filed | |
| AT&T Inc | 00206R102 | COM | 300,000 | $8,472,000 | dollars as filed | call |
| AT&T Inc | 00206R102 | COM | 293,201 | $8,279,996 | dollars as filed | |
| CANADIAN PACIFIC KANSAS CITY COM | 13646K108 | Stock | 108,819 | $8,105,927 | dollars as filed | |
| COLLIERS INTL GROUP INC SUB VTG SHS | 194693107 | Stock | 50,000 | $7,810,500 | dollars as filed | call |
| iShares Silver Trust | 46428Q109 | COM | 180,000 | $7,626,600 | dollars as filed | put |
| SENSIENT TECHNOLOGIES CORP | 81725T100 | COM | 79,486 | $7,459,761 | dollars as filed | |
| United States Oil Fund LP | 91232N207 | COM | 100,000 | $7,375,000 | dollars as filed | call |
| SPOTIFYTECHNOLOGYSAF | L8681T102 | STOK | 10,531 | $7,350,638 | dollars as filed | |
| STANTEC INC COM | 85472N109 | Stock | 66,092 | $7,124,718 | dollars as filed | |
| Oracle Corporation | 68389X105 | COM | 25,000 | $7,031,000 | dollars as filed | call |
| Chevron Corporation | 166764100 | COM | 45,000 | $6,988,050 | dollars as filed | |
| NVIDIA Corp | 67066G104 | COM | 36,000 | $6,716,880 | dollars as filed | put |
| SPX TECHNOLOGIES INC | 78473E103 | COM | 35,914 | $6,708,017 | dollars as filed | |
| CORNING INC | 219350105 | COM | 78,034 | $6,401,129 | dollars as filed | |
| TELUS CORPORATION COM | 87971M103 | Stock | 396,669 | $6,255,470 | dollars as filed | |
| BWX TECHNOLOGIES INC | 05605H100 | COM | 33,392 | $6,156,483 | dollars as filed | |
| PEMBINA PIPELINE CORP COM | 706327103 | Stock | 150,109 | $6,073,410 | dollars as filed | |
| FIRSTSERVICE CORP NEW COM | 33767E202 | Stock | 31,677 | $6,034,152 | dollars as filed | |
| CURTISS WRIGHT CORP COM | 231561101 | Stock | 10,858 | $5,895,243 | dollars as filed | |
| SUN LIFE FINANCIAL INC. COM | 866796105 | Stock | 96,701 | $5,804,961 | dollars as filed | |
| IShares Bitcoin Trust Registered | 46438F101 | SHS | 83,529 | $5,429,385 | dollars as filed | |
| DEVON ENERGY CORP NEW COM | 25179M103 | Stock | 150,000 | $5,259,000 | dollars as filed | call |
| THOMSON REUTERS CORP COM | 884903808 | Stock | 32,130 | $4,990,753 | dollars as filed | |
| VANECK ETF TRUST | 92189F791 | JUNIOR GOLD MINE | 50,000 | $4,951,500 | dollars as filed | put |
| UNITED PARKS & RESORTS INC | 81282V100 | COM | 92,022 | $4,757,537 | dollars as filed | |
| TRANSALTA CORP | 89346D107 | COM | 334,994 | $4,579,368 | dollars as filed | |
| GILDAN ACTIVEWEAR INC COM | 375916103 | Stock | 78,487 | $4,536,549 | dollars as filed | |
| ALIBABA GROUP HLDG LTD | 01609W102 | SPONSORED ADS | 25,087 | $4,483,800 | dollars as filed | |
| NVIDIA Corp | 67066G104 | COM | 22,639 | $4,223,985 | dollars as filed | |
| Intel Corp | 458140100 | COM | 120,500 | $4,042,775 | dollars as filed | call |
| JOHNSON CTLS INTL PLC SHS | G51502105 | Stock | 35,238 | $3,874,418 | dollars as filed | |
| Citigroup Inc. | 172967424 | COM | 37,924 | $3,849,286 | dollars as filed | |
| LENNAR CORP CL A | 526057104 | Stock | 30,230 | $3,810,189 | dollars as filed | |
| LIVE NATION ENTERTAINMENT INC COM | 538034109 | Stock | 23,106 | $3,775,520 | dollars as filed | |
| UNITED AIRLS HLDGS INC COM | 910047109 | Stock | 38,360 | $3,701,740 | dollars as filed | |
| EVERCORE INC CLASS A | 29977A105 | Stock | 10,901 | $3,677,125 | dollars as filed | |
| WARRIOR MET COAL INC | 93627C101 | COM | 57,362 | $3,650,518 | dollars as filed | |
| C H ROBINSON WORLDWIDE IN COM NEW | 12541W209 | Stock | 27,512 | $3,642,589 | dollars as filed | |
| CRANE COMPANY COMMON STOCK | 224408104 | Stock | 19,768 | $3,640,080 | dollars as filed | |
| Eaton Corp. Plc | G29183103 | COM | 9,706 | $3,632,471 | dollars as filed | |
| MAGNA INTL INC COM | 559222401 | Stock | 70,000 | $3,316,600 | dollars as filed | |
| HCM II ACQUISITION CORP | G43658106 | SHS CL A | 198,188 | $3,252,265 | dollars as filed | |
| Raytheon Technologies Corporation | 75513E101 | COM | 18,835 | $3,151,661 | dollars as filed | |
| COLLIERS INTL GROUP INC SUB VTG SHS | 194693107 | Stock | 20,108 | $3,141,071 | dollars as filed | |
| BEST BUY INC COM | 086516101 | Stock | 40,090 | $3,031,606 | dollars as filed | |
| CHURCHILL CAP CORP X | G2130T108 | SHS CL A | 233,975 | $3,008,919 | dollars as filed | |
| IShares Bitcoin Trust Registered | 46438F101 | SHS | 40,000 | $2,600,000 | dollars as filed | put |
| KKR & CO INC | 48251W104 | COM | 20,000 | $2,599,000 | dollars as filed | |
| KKR & CO INC | 48251W104 | COM | 20,000 | $2,599,000 | dollars as filed | call |
| L3HARRIS TECHNOLOGIES INC COM | 502431109 | Stock | 7,114 | $2,172,687 | dollars as filed | |
| ATLAS LITHIUM CORP | 105861306 | COM | 449,217 | $2,138,273 | dollars as filed | |
| META PLATFORMS INC CL A | 30303M102 | COM | 2,839 | $2,084,905 | dollars as filed | |
| SIGMA LITHIUM CORPORATION COM | 826599102 | Stock | 296,330 | $1,899,475 | dollars as filed | |
| FERRARI N V | N3167Y103 | COM | 3,909 | $1,896,725 | dollars as filed | |
| CAMECO CORP COM | 13321L108 | Stock | 22,467 | $1,884,083 | dollars as filed | |
| SHERWIN WILLIAMS CO | 824348106 | COM | 5,413 | $1,874,305 | dollars as filed | |
| CANTOR EQUITY PARTNERS III I | G1828A108 | SHS CL A | 177,756 | $1,834,442 | dollars as filed | |
| BARRICK MNG CORP | 06849F108 | COM SHS | 50,000 | $1,638,500 | dollars as filed | |
| Hcm Iii Acquisition Corp Unit 07/23/2030 | G4365E129 | Unit | 143,164 | $1,476,021 | dollars as filed | |
| BERTO ACQUISITION CORP | G1051H101 | ORD SHS | 141,907 | $1,475,833 | dollars as filed | |
| BOLD EAGLE ACQUISITION CORP | G2003N105 | CL A | 139,993 | $1,455,927 | dollars as filed | |
| CANTOR EQUITY PARTNERS IV IN | G1828E100 | SHS CL A | 142,884 | $1,455,274 | dollars as filed | |
| DIGITAL ASSET ACQUISITION CO | G2868C103 | SHS CL A | 142,324 | $1,450,282 | dollars as filed | |
| TRANSALTA CORP | 89346D107 | COM | 100,000 | $1,367,000 | dollars as filed | call |
| AMERICAN EXCEPTIONALISM ACQU | G0273J101 | ORD CL A | 107,520 | $1,175,194 | dollars as filed | |
| TOLL BROTHERS INC COM | 889478103 | Stock | 8,195 | $1,132,057 | dollars as filed | |
| QUANTA SVCS INC | 74762E102 | COM | 2,442 | $1,012,014 | dollars as filed | |
| Pyrophyte Acquisition Corp. Unit 99/99/9999 | G7309T128 | Unit | 96,670 | $979,267 | dollars as filed | |
| Microsoft Corp | 594918104 | COM | 1,554 | $804,894 | dollars as filed | |
| Tesla Motors, Inc | 88160R101 | COM | 1,700 | $756,024 | dollars as filed | put |
| COINBASE GLOBAL INC COM CL A | 19260Q107 | Stock | 2,240 | $755,978 | dollars as filed | |
| SPDR SERIES TRUST | 78464A698 | ST STR SP REGBNK | 11,624 | $735,799 | dollars as filed | |
| BUILDERS FIRSTSOURCE INC COM | 12008R107 | Stock | 6,027 | $730,774 | dollars as filed | |
| IDEXX LABS INC COM | 45168D104 | Stock | 1,034 | $660,612 | dollars as filed | |
| AMERICAS GOLD AND SILVER CORP COM NEW | 03062D803 | Stock | 173,509 | $645,453 | dollars as filed | |
| SPROTT PHYSICAL SILVER TR | 85207K107 | TR UNIT | 27,777 | $436,099 | dollars as filed | |
| TERADYNE INC COM | 880770102 | Stock | 3,135 | $431,501 | dollars as filed | |
| KRANESHARES TRUST | 500767751 | GBL HUMANOID ROB | 12,525 | $401,802 | dollars as filed | |
| FLEX LTD ORD | Y2573F102 | Stock | 6,917 | $400,978 | dollars as filed | |
| BRUNSWICK CORP | 117043109 | COM | 5,935 | $375,329 | dollars as filed | |
| ABERCROMBIE & FITCH CO CL A | 002896207 | Stock | 4,289 | $366,924 | dollars as filed | |
| APPLIED INDL TECHNOLOGIES INC COM | 03820C105 | Stock | 1,385 | $361,554 | dollars as filed | |
| RBC BEARINGS INC COM | 75524B104 | Stock | 924 | $360,628 | dollars as filed | |
| REGAL REXNORD CORPORATION | 758750103 | COM | 2,437 | $349,563 | dollars as filed | |
| SENSATA TECHNOLOGIES HLDG PL | g8060n102 | SHS | 11,158 | $340,877 | dollars as filed | |
| Micron Technology,Inc. | 595112103 | COM | 1,983 | $331,796 | dollars as filed | |
| GE Vernova Inc. | 36828A101 | COM | 360 | $221,364 | dollars as filed | |
| APPLOVIN CORP COM CL A | 03831W108 | Stock | 306 | $219,873 | dollars as filed | |
| NEBIUS GROUP N.V. | N97284108 | SHS CLASS A | 1,879 | $210,955 | dollars as filed | |
| Intel Corp | 458140100 | COM | 5,626 | $188,752 | dollars as filed | |
| Oracle Corporation | 68389X105 | COM | 250 | $70,310 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0002060757-25-000005 | this filing | 2025-11-10 | acceptance time not in the bulk data set |