13F-HR filed by Waratah Capital Advisors Ltd.
Waratah Capital Advisors Ltd. filed this 13F-HR for the quarter ended 2025-12-31, filed 2026-02-09, with 151 holding rows worth $2,970,401,737.
- Accession
- 0002060757-26-000003
- Filer
- CIK 1539919
- Filed
- 2026-02-09
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q4 2025
A holdings report, 152 entries on the cover page, a total value of $2,970,401,737 stated on the cover page (in dollars after the unit check, H1), rows summing to $2,970,401,737 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 |
|---|---|---|---|---|---|---|
| SPDR GOLD TR | 78463V107 | GOLD SHS | 1,248,200 | $494,674,142 | dollars as filed | put |
| INVESCO QQQ TR | 46090E103 | COM | 461,200 | $283,319,772 | dollars as filed | put |
| SPDR GOLD TR | 78463V107 | GOLD SHS | 460,000 | $182,302,600 | dollars as filed | call |
| ISHARES TR | 464288513 | IBOXX HI YD ETF | 1,936,600 | $156,148,058 | dollars as filed | put |
| KINROSS GOLD CORP | 496902404 | COM | 2,114,712 | $59,550,290 | dollars as filed | |
| iShares Silver Trust | 46428Q109 | COM | 904,000 | $58,235,680 | dollars as filed | put |
| CENTERRA GOLD INC COM | 152006102 | Stock | 3,703,468 | $53,218,835 | dollars as filed | |
| ROPER TECHNOLOGIES INC COM | 776696106 | Stock | 107,300 | $47,762,449 | dollars as filed | call |
| BOYD GROUP SERVICES INC COM | 103310108 | Stock | 291,886 | $46,497,440 | dollars as filed | |
| BARRICK MNG CORP | 06849F108 | COM SHS | 1,022,153 | $44,514,763 | dollars as filed | |
| IAMGOLD CORP COM | 450913108 | Stock | 2,603,269 | $42,927,906 | dollars as filed | |
| ALAMOS GOLD INC COM CL A | 011532108 | Stock | 939,614 | $36,250,308 | dollars as filed | |
| SKEENA RES LTD NEW | 83056P715 | COM | 1,526,799 | $36,230,940 | dollars as filed | |
| ENDEAVOUR SILVER CORP | 29258Y103 | COM | 3,737,025 | $35,128,035 | dollars as filed | |
| VIZSLA SILVER CORP | 92859G608 | COM NEW | 6,343,121 | $34,696,872 | dollars as filed | |
| ROYAL BK CDA COM | 780087102 | Stock | 200,000 | $34,098,000 | dollars as filed | call |
| Amazon.com, Inc | 023135106 | COM | 144,186 | $33,281,013 | dollars as filed | |
| Danaher Corporation | 235851102 | COM | 141,082 | $32,296,491 | dollars as filed | |
| INVESCO EXCHANGE-TRADED FD TR S&P 500 EQUAL WEIGHT ETF | 46137V357 | COM | 150,000 | $28,734,000 | dollars as filed | call |
| ROPER TECHNOLOGIES INC COM | 776696106 | Stock | 64,540 | $28,728,690 | dollars as filed | |
| AGNICO EAGLE MINES LTD COM | 008474108 | Stock | 166,852 | $28,286,420 | dollars as filed | |
| COMFORT SYS USA INC COM | 199908104 | Stock | 30,161 | $28,148,960 | dollars as filed | |
| TORONTO DOMINION BK ONT COM NEW | 891160509 | Stock | 298,574 | $28,125,671 | dollars as filed | |
| BARRICK MNG CORP | 06849F108 | COM SHS | 644,500 | $28,067,975 | dollars as filed | call |
| CRANE COMPANY COMMON STOCK | 224408104 | Stock | 149,641 | $27,598,290 | dollars as filed | |
| EXPAND ENERGY CORPORATION COM | 165167735 | Stock | 237,000 | $26,155,320 | dollars as filed | |
| AMPHENOL CORP NEW | 032095101 | COM | 183,546 | $24,804,406 | dollars as filed | |
| GILDAN ACTIVEWEAR INC COM | 375916103 | Stock | 387,109 | $24,178,828 | dollars as filed | |
| BRP INC COM SUN VTG | 05577W200 | Stock | 332,953 | $23,559,754 | dollars as filed | |
| FLOOR & DECOR HLDGS INC CL A | 339750101 | Stock | 355,818 | $21,665,758 | dollars as filed | |
| United States Oil Fund LP | 91232N207 | COM | 310,000 | $21,439,600 | dollars as filed | put |
| CURTISS WRIGHT CORP COM | 231561101 | Stock | 38,688 | $21,327,534 | dollars as filed | |
| VAIL RESORTS INC COM | 91879Q109 | Stock | 156,622 | $20,799,402 | dollars as filed | |
| ANTERO RESOURCES CORP COM | 03674X106 | Stock | 590,000 | $20,331,400 | dollars as filed | |
| CANADIAN PACIFIC KANSAS CITY COM | 13646K108 | Stock | 270,599 | $19,924,204 | dollars as filed | |
| ROYAL BK CDA COM | 780087102 | Stock | 111,008 | $18,925,754 | dollars as filed | |
| WESCO INTL INC COM | 95082P105 | Stock | 77,040 | $18,847,066 | dollars as filed | |
| ALPS ETF TR | 00162Q452 | ALERIAN MLP | 400,000 | $18,808,000 | dollars as filed | call |
| CANADIANNATLRYCOF | 136375102 | STOK | 184,374 | $18,225,370 | dollars as filed | |
| CANADIAN IMPERIAL BANK OF COMM COM | 136069101 | Stock | 200,809 | $18,195,303 | dollars as filed | |
| SHARKNINJA INC COM SHS | G8068L108 | Stock | 156,016 | $17,458,190 | dollars as filed | |
| iShares Silver Trust | 46428Q109 | COM | 264,200 | $17,019,764 | dollars as filed | call |
| Caterpillar Inc. | 149123101 | COM | 28,811 | $16,504,958 | dollars as filed | |
| DUTCH BROS INC | 26701L100 | CL A | 262,741 | $16,085,004 | dollars as filed | |
| iShares Ethereum Trust | 46438R105 | COM | 700,000 | $15,701,000 | dollars as filed | call |
| Bank of America Corp | 060505104 | COM | 271,035 | $14,906,925 | dollars as filed | |
| SPROTT INC | 852066208 | COM NEW | 150,137 | $14,701,415 | dollars as filed | |
| WELLTOWER INC COM | 95040Q104 | REIT | 77,730 | $14,427,465 | dollars as filed | |
| NEXGEN ENERGY LTD COM | 65340P106 | Stock | 1,535,236 | $14,124,171 | dollars as filed | |
| MARTIN MARIETTA MATLS INC COM | 573284106 | Stock | 22,274 | $13,869,129 | dollars as filed | |
| United States Oil Fund LP | 91232N207 | COM | 200,000 | $13,832,000 | dollars as filed | call |
| SENSIENT TECHNOLOGIES CORP | 81725T100 | COM | 146,311 | $13,745,918 | dollars as filed | |
| CAMECO CORP COM | 13321L108 | Stock | 150,000 | $13,723,500 | dollars as filed | call |
| CANADIAN IMPERIAL BANK OF COMM COM | 136069101 | Stock | 150,000 | $13,591,500 | dollars as filed | call |
| iShares Russell 2000 ETF | 464287655 | SHS | 55,200 | $13,588,032 | dollars as filed | call |
| UNITED AIRLS HLDGS INC COM | 910047109 | Stock | 117,625 | $13,152,828 | dollars as filed | |
| COMFORT SYS USA INC COM | 199908104 | Stock | 14,000 | $13,066,060 | dollars as filed | put |
| CANADIAN NAT RES LTD MED TERM COM | 136385101 | Stock | 383,028 | $12,965,498 | dollars as filed | |
| SPDR SERIES TRUST | 78464A698 | ST STR SP REGBNK | 200,000 | $12,962,000 | dollars as filed | call |
| LULULEMON ATHLETICA INC | 550021109 | COM | 62,266 | $12,939,497 | dollars as filed | |
| ISHARES INC MSCI BRAZIL ETF | 464286400 | MSCI BRAZIL ETF | 400,000 | $12,708,000 | dollars as filed | call |
| Alphabet Inc. Reg. Shares A | 02079K305 | COM | 40,000 | $12,520,000 | dollars as filed | put |
| MAGNA INTL INC COM | 559222401 | Stock | 220,000 | $11,726,000 | dollars as filed | |
| FRANCO NEV CORP COM | 351858105 | Stock | 55,773 | $11,560,627 | dollars as filed | |
| MCCORMICK & CO INC COM NON VTG | 579780206 | Stock | 166,200 | $11,319,882 | dollars as filed | call |
| IDEX CORP COM | 45167R104 | Stock | 61,800 | $10,996,692 | dollars as filed | call |
| EQUITY LIFESTYLE PROPERTIES COM | 29472R108 | REIT | 180,000 | $10,909,800 | dollars as filed | call |
| VANECK ETF TRUST | 92189H607 | OIL SERVICES ETF | 37,000 | $10,536,490 | dollars as filed | |
| DIAMONDBACK ENERGY INC COM | 25278X109 | Stock | 70,000 | $10,523,100 | dollars as filed | |
| QUANTA SVCS INC | 74762E102 | COM | 24,846 | $10,486,503 | dollars as filed | |
| TELEDYNE TECHNOLOGIES INC COM | 879360105 | Stock | 20,471 | $10,455,154 | dollars as filed | |
| TFI INTERNATIONAL INC COM | 87241L109 | Stock | 100,600 | $10,397,010 | dollars as filed | call |
| GENERAC HLDGS INC | 368736104 | COM | 75,000 | $10,227,750 | dollars as filed | call |
| KRANESHARES TRUST CSI CHI INTERNET | 500767306 | CSI CHI INTERNET | 300,000 | $10,215,000 | dollars as filed | call |
| C H ROBINSON WORLDWIDE IN COM NEW | 12541W209 | Stock | 61,767 | $9,929,663 | dollars as filed | |
| DESCARTES SYS GROUP INC COM | 249906108 | Stock | 111,259 | $9,752,964 | dollars as filed | |
| POOL CORP COM | 73278L105 | Stock | 42,500 | $9,721,875 | dollars as filed | call |
| HUNT J B TRANS SVCS INC COM | 445658107 | Stock | 50,000 | $9,717,000 | dollars as filed | put |
| AMETEK INC COM | 031100100 | Stock | 46,771 | $9,602,554 | dollars as filed | |
| CAE INC COM | 124765108 | Stock | 312,748 | $9,513,794 | dollars as filed | |
| EQUITY LIFESTYLE PROPERTIES COM | 29472R108 | REIT | 156,639 | $9,493,890 | dollars as filed | |
| OLD DOMINION FREIGHT LINE INC COM | 679580100 | Stock | 58,736 | $9,209,805 | dollars as filed | |
| EVERCORE INC CLASS A | 29977A105 | Stock | 27,010 | $9,190,153 | dollars as filed | |
| VANECK ETF TRUST | 92189F106 | GOLD MINERS ETF | 100,000 | $8,577,000 | dollars as filed | put |
| STERIS PLC SHS USD | G8473T100 | Stock | 33,628 | $8,525,371 | dollars as filed | |
| PAN AMERN SILVER CORP | 697900108 | COM | 154,335 | $7,996,096 | dollars as filed | |
| VAIL RESORTS INC COM | 91879Q109 | Stock | 58,000 | $7,702,400 | dollars as filed | call |
| COSTAR GROUP INC COM | 22160N109 | Stock | 112,500 | $7,564,500 | dollars as filed | call |
| ROGERS COMMUNICATIONS INC CL B | 775109200 | Stock | 200,000 | $7,546,000 | dollars as filed | call |
| SPX TECHNOLOGIES INC | 78473E103 | COM | 35,649 | $7,131,939 | dollars as filed | |
| STANTEC INC COM | 85472N109 | Stock | 64,541 | $6,090,089 | dollars as filed | |
| COPART INC COM | 217204106 | Stock | 153,800 | $6,021,270 | dollars as filed | call |
| Berkshire Hathaway Inc | 084670702 | COM | 11,640 | $5,850,846 | dollars as filed | |
| ARISTA NETWORKS INC | 040413205 | COM | 44,500 | $5,830,835 | dollars as filed | |
| HERSHEY CO COM | 427866108 | Stock | 31,500 | $5,732,370 | dollars as filed | call |
| VANECK ETF TRUST | 92189F791 | JUNIOR GOLD MINE | 50,000 | $5,689,000 | dollars as filed | put |
| Broadcom Inc. | 11135F101 | COM | 15,911 | $5,506,797 | dollars as filed | |
| EQT CORP COM | 26884L109 | Stock | 100,000 | $5,360,000 | dollars as filed | call |
| ALBEMARLE CORP | 012653101 | COM | 37,011 | $5,234,836 | dollars as filed | |
| GENERAL DYNAMICS CORP COM | 369550108 | Stock | 15,254 | $5,135,412 | dollars as filed | |
| FLOOR & DECOR HLDGS INC CL A | 339750101 | Stock | 82,000 | $4,992,980 | dollars as filed | call |
| FIRSTSERVICE CORP NEW COM | 33767E202 | Stock | 31,677 | $4,926,724 | dollars as filed | |
| UL SOLUTIONS INC | 903731107 | CLASS A COM SHS | 61,827 | $4,875,677 | dollars as filed | |
| AMERICAS GOLD AND SILVER CORP COM NEW | 03062D803 | Stock | 888,715 | $4,541,334 | dollars as filed | |
| IDEX CORP COM | 45167R104 | Stock | 25,308 | $4,503,306 | dollars as filed | |
| IShares Bitcoin Trust Registered | 46438F101 | SHS | 85,100 | $4,225,215 | dollars as filed | call |
| SIGMA LITHIUM CORPORATION COM | 826599102 | Stock | 296,330 | $3,908,593 | dollars as filed | |
| LEGENCE CORP | 52476L109 | CL A | 85,602 | $3,684,310 | dollars as filed | |
| AMPLIFY ETF TR | 032108649 | AMPLIFY JUNIOR S | 131,400 | $3,635,838 | dollars as filed | |
| HOST HOTELS & RESORTS INC COM | 44107P104 | REIT | 196,133 | $3,477,438 | dollars as filed | |
| CANTOR EQUITY PARTNERS II IN | G1827P106 | CL A ORD SHS | 307,474 | $3,462,157 | dollars as filed | |
| BANK MONTREAL MEDIUM COM | 063671101 | Stock | 25,894 | $3,360,782 | dollars as filed | |
| TARGET CORP COM | 87612E106 | Stock | 33,500 | $3,274,625 | dollars as filed | call |
| TEXAS VENTURES ACQUISITION I | G8772L105 | USD CL A ORD SHS | 303,607 | $3,233,415 | dollars as filed | |
| ATLAS LITHIUM CORP | 105861306 | COM | 749,217 | $3,169,188 | dollars as filed | |
| VICOR CORP | 925815102 | COM | 28,798 | $3,156,261 | dollars as filed | |
| CAE INC COM | 124765108 | Stock | 100,000 | $3,042,000 | dollars as filed | call |
| COLLIERS INTL GROUP INC SUB VTG SHS | 194693107 | Stock | 20,108 | $2,956,077 | dollars as filed | |
| FISERV INC | 337738108 | COM | 43,300 | $2,908,461 | dollars as filed | call |
| WARRIOR MET COAL INC | 93627C101 | COM | 23,774 | $2,096,154 | dollars as filed | |
| CARRIER GLOBAL CORPORATION COM | 14448C104 | Stock | 35,200 | $1,859,968 | dollars as filed | call |
| CORNING INC | 219350105 | COM | 20,962 | $1,835,433 | dollars as filed | |
| AMERICAN EXCEPTIONALISM ACQU | G0273J101 | ORD CL A | 160,124 | $1,823,812 | dollars as filed | |
| BOOZ ALLEN HAMILTON HLDG CORP CL A | 099502106 | Stock | 20,700 | $1,746,252 | dollars as filed | call |
| Prologis,Inc. | 74340W103 | COM | 13,187 | $1,683,452 | dollars as filed | |
| CUMMINS INC COM | 231021106 | Stock | 3,279 | $1,673,766 | dollars as filed | |
| TARGET CORP COM | 87612E106 | Stock | 17,027 | $1,664,389 | dollars as filed | |
| BOLD EAGLE ACQUISITION CORP | G2003N105 | CL A | 140,541 | $1,486,924 | dollars as filed | |
| Hcm Iii Acquisition Corp Unit 07/23/2030 | G4365E129 | Unit | 143,724 | $1,478,201 | dollars as filed | |
| CANTOR EQUITY PARTNERS IV IN | G1828E100 | SHS CL A | 143,442 | $1,474,584 | dollars as filed | |
| CORE SCIENTIFIC INC NEW | 21874A106 | COM | 100,000 | $1,456,000 | dollars as filed | call |
| DIGITAL ASSET ACQUISITION CO | G2868C103 | SHS CL A | 142,881 | $1,451,671 | dollars as filed | |
| FOX CORP CL A COM | 35137L105 | Stock | 19,474 | $1,422,965 | dollars as filed | |
| SHAKE SHACK INC | 819047101 | CL A | 14,000 | $1,136,380 | dollars as filed | call |
| VINE HILL CAP INVTS CORP II | G9709D125 | UNIT 11/25/2030 | 100,000 | $1,002,100 | dollars as filed | |
| Analog Devices,Inc. | 032654105 | COM | 2,748 | $745,258 | dollars as filed | |
| IDEXX LABS INC COM | 45168D104 | Stock | 1,034 | $699,532 | dollars as filed | |
| SPROTT PHYSICAL SILVER TR | 85207K107 | TR UNIT | 27,777 | $656,926 | dollars as filed | |
| NEXGEN ENERGY LTD COM | 65340P106 | Stock | 70,000 | $644,000 | dollars as filed | call |
| TERADYNE INC COM | 880770102 | Stock | 3,135 | $606,811 | dollars as filed | |
| NVIDIA Corp | 67066G104 | COM | 2,302 | $429,323 | dollars as filed | |
| FLEX LTD ORD | Y2573F102 | Stock | 6,917 | $417,925 | dollars as filed | |
| RBC BEARINGS INC COM | 75524B104 | Stock | 924 | $414,349 | dollars as filed | |
| KRANESHARES TRUST | 500767751 | GBL HUMANOID ROB | 12,525 | $398,886 | dollars as filed | |
| REGAL REXNORD CORPORATION | 758750103 | COM | 2,565 | $359,921 | dollars as filed | |
| APPLIED INDL TECHNOLOGIES INC COM | 03820C105 | Stock | 1,385 | $355,626 | dollars as filed | |
| SHERWIN WILLIAMS CO | 824348106 | COM | 1,072 | $347,360 | dollars as filed | |
| JPMorgan Chase & Co | 46625H100 | COM | 1,071 | $345,098 | dollars as filed | |
| NVENT ELEC PLC SHS | G6700G107 | Stock | 3,300 | $336,501 | dollars as filed | |
| XPO INC COM | 983793100 | Stock | 2,433 | $330,669 | dollars as filed | |
| CANTOR EQUITY PARTNERS V INC | G1828S109 | SHS CL A S | 10,000 | $102,500 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0002060757-26-000003 | this filing | 2026-02-09 | acceptance time not in the bulk data set |