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Galibier Capital Management Ltd.

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13F filer, CIK 1765768, TORONTO, Ontario, Canada

Galibier Capital Management Ltd. reported $350,272,260 across 37 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-01-15. Its ten largest share positions make up 71.51% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000945621-25-000060

Period
2024-12-31
Reported value
$350M
Holdings
37
Top 10 weight
71.51%
New
2
Sold out
8

Largest buys vs the previous quarter

SecurityShares changeApprox. value
BNSadded+475,479$25.5M
ATSadded+584,741$17.8M
ENBadded+167,181$7.09M
HBMadded+92,324$748K
CNQadded+17,370$536K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
TDexited-608,613-$38.5M
CAEexited-1,088,488-$20.5M
OTEXexited-404,175-$13.5M
CMreduced-136,399-$8.62M
NTRreduced-122,022-$5.46M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0000945621-25-000060, largest first. % of portfolio is the value over $350,272,260, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 351,364 shares; 2024Q1: 640,076 shares; 2024Q2: 639,285 shares; 2024Q3: 641,864 shares; 2024Q4: 809,045 shares 809,045$34.3M9.8%+167,181Timeline
AEMAGNICO EAGLE MINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 463,086 shares; 2024Q1: 489,610 shares; 2024Q2: 426,551 shares; 2024Q3: 429,912 shares; 2024Q4: 367,446 shares 367,446$28.7M8.2%-62,466Timeline
BNSBANK NOVA SCOTIA B CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: 1,462 shares; 2024Q2: 1,462 shares; 2024Q3: 1,242 shares; 2024Q4: 476,721 shares 476,721$25.6M7.3%+475,479Timeline
CNQCANADIAN NAT RES LTD MED TERQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 451,424 shares; 2024Q1: 382,328 shares; 2024Q2: 631,286 shares; 2024Q3: 777,962 shares; 2024Q4: 795,332 shares 795,332$24.5M7.01%+17,370Timeline
CMCANADIAN IMPERIAL BANK OF COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 512,922 shares; 2024Q1: 498,398 shares; 2024Q2: 475,645 shares; 2024Q3: 523,698 shares; 2024Q4: 387,299 shares 387,299$24.5M6.99%-136,399Timeline
NTRNUTRIEN LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 425,130 shares; 2024Q1: 445,941 shares; 2024Q2: 445,453 shares; 2024Q3: 663,346 shares; 2024Q4: 541,324 shares 541,324$24.2M6.91%-122,022Timeline
MFCMANULIFE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 1,343,779 shares; 2024Q1: 1,104,709 shares; 2024Q2: 884,276 shares; 2024Q3: 895,402 shares; 2024Q4: 781,573 shares 781,573$24M6.85%-113,829Timeline
ATSATS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: not reported; 2024Q2: 110,830 shares; 2024Q3: 132,830 shares; 2024Q4: 717,571 shares 717,571$21.9M6.24%+584,741Timeline
GIBCGI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 231,315 shares; 2024Q1: 222,836 shares; 2024Q2: 222,485 shares; 2024Q3: 225,387 shares; 2024Q4: 197,010 shares 197,010$21.5M6.15%-28,377Timeline
HBMHUDBAY MINERALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: 1,799,148 shares; 2024Q2: 2,046,150 shares; 2024Q3: 2,521,108 shares; 2024Q4: 2,613,432 shares 2,613,432$21.2M6.05%+92,324Timeline
CVECENOVUS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 1,518,975 shares; 2024Q1: 1,463,678 shares; 2024Q2: 1,461,388 shares; 2024Q3: 1,680,484 shares; 2024Q4: 1,389,304 shares 1,389,304$21M6.01%-291,180Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 455,067 shares; 2024Q1: 332,235 shares; 2024Q2: 331,647 shares; 2024Q3: 331,469 shares; 2024Q4: 284,791 shares 284,791$20.6M5.88%-46,678Timeline
QSRRESTAURANT BRANDS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 375,752 shares; 2024Q1: 326,013 shares; 2024Q2: 355,326 shares; 2024Q3: 359,989 shares; 2024Q4: 287,533 shares 287,533$18.7M5.35%-72,456Timeline
WFGWEST FRASER TIMBER CO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: 110,853 shares; 2024Q2: 279,655 shares; 2024Q3: 209,423 shares; 2024Q4: 158,544 shares 158,544$13.7M3.92%-50,879Timeline
OSKOSHKOSH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 48,509 shares; 2024Q1: 48,509 shares; 2024Q2: 36,527 shares; 2024Q3: 45,227 shares; 2024Q4: 45,227 shares 45,227$4.3M1.23%0Timeline
GBXGREENBRIER COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: not reported; 2024Q2: 104,448 shares; 2024Q3: 109,448 shares; 2024Q4: 60,179 shares 60,179$3.67M1.05%-49,269Timeline
HSICSCHEIN HENRY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 43,476 shares; 2024Q1: 51,476 shares; 2024Q2: 51,476 shares; 2024Q3: 51,476 shares; 2024Q4: 51,476 shares 51,476$3.56M1.02%0Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 3,590 shares; 2024Q1: 3,590 shares; 2024Q2: 3,990 shares; 2024Q3: 3,990 shares; 2024Q4: 3,990 shares 3,990$1.81M0.52%0Timeline
INGING GROEP N.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 58,208 shares; 2024Q1: 92,208 shares; 2024Q2: 92,208 shares; 2024Q3: 92,208 shares; 2024Q4: 106,208 shares 106,208$1.66M0.48%+14,000Timeline
CBCHUBB LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: not reported; 2024Q2: 5,297 shares; 2024Q3: 5,297 shares; 2024Q4: 5,297 shares 5,297$1.46M0.42%0Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 5,760 shares; 2024Q1: 5,760 shares; 2024Q2: 5,760 shares; 2024Q3: 5,260 shares; 2024Q4: 5,260 shares 5,260$1.26M0.36%0Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 12,647 shares; 2024Q1: 6,035 shares; 2024Q2: 6,035 shares; 2024Q3: 5,635 shares; 2024Q4: 4,235 shares 4,235$1.06M0.3%-1,400Timeline
ZBHZIMMER BIOMET HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: not reported; 2024Q2: not reported; 2024Q3: 9,200 shares; 2024Q4: 9,200 shares 9,200$972K0.28%0Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 2,058 shares; 2024Q1: 2,058 shares; 2024Q2: 2,058 shares; 2024Q3: 2,058 shares; 2024Q4: 2,058 shares 2,058$867K0.25%0Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 1,601 shares; 2024Q1: 1,601 shares; 2024Q2: 1,601 shares; 2024Q3: 1,601 shares; 2024Q4: 1,601 shares 1,601$833K0.24%0Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: 8,000 shares; 2024Q2: 7,000 shares; 2024Q3: 7,710 shares; 2024Q4: 4,210 shares 4,210$831K0.24%-3,500Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 4,200 shares; 2024Q1: 4,200 shares; 2024Q2: 4,200 shares; 2024Q3: 4,200 shares; 2024Q4: 4,200 shares 4,200$795K0.23%0Timeline
WABWABTECQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 6,658 shares; 2024Q1: 6,658 shares; 2024Q2: 5,658 shares; 2024Q3: 5,678 shares; 2024Q4: 3,678 shares 3,678$697K0.2%-2,000Timeline
RYROYAL BK CDAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 321,376 shares; 2024Q1: 256,254 shares; 2024Q2: 219,075 shares; 2024Q3: 3,910 shares; 2024Q4: 3,910 shares 3,910$471K0.13%0Timeline
CENOVUS ENERGY INCCENOVUS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 60,875 shares; 2024Q1: 20,875 shares; 2024Q2: 20,875 shares; 2024Q3: 34,402 shares; 2024Q4: 39,402 shares 39,402$418K0.12%+5,000
SQQQProShares UltraPro Short QQQQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: not reported; 2024Q2: not reported; 2024Q3: not reported; 2024Q4: 9,880 shares 9,880$308K0.09%newTimeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 2,225 shares; 2024Q1: 2,225 shares; 2024Q2: 1,225 shares; 2024Q3: 1,225 shares; 2024Q4: 1,225 shares 1,225$233K0.07%0Timeline
CNICANADIAN NATL RY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 2,200 shares; 2024Q1: 2,200 shares; 2024Q2: 2,200 shares; 2024Q3: 2,200 shares; 2024Q4: 2,200 shares 2,200$223K0.06%0Timeline
CLCOLGATE PALMOLIVE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 1,200 shares; 2024Q1: 1,200 shares; 2024Q2: 1,200 shares; 2024Q3: 1,200 shares; 2024Q4: 1,200 shares 1,200$109K0.03%0Timeline
TRPTC ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: 1,816 shares; 2024Q2: 1,816 shares; 2024Q3: 1,816 shares; 2024Q4: 1,816 shares 1,816$84.6K0.02%0Timeline
NKENIKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: 2,670 shares; 2024Q1: 400 shares; 2024Q2: 15,400 shares; 2024Q3: 16,900 shares; 2024Q4: 400 shares 400$30.3K0.01%-16,500Timeline
SOBOSOUTH BOW CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: not reported; 2024Q1: not reported; 2024Q2: not reported; 2024Q3: not reported; 2024Q4: 363 shares 363$8.56K<0.01%newTimeline

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
TDTORONTO DOMINION BK ONT608,613$38.5Mshares
CAECAE INC1,088,488$20.5Mshares
OTEXOPEN TEXT CORP404,175$13.5Mshares
VFCV F CORP126,759$2.53Mshares
GNRCGENERAC HLDGS INC10,611$1.69Mshares
DEODIAGEO PLC11,613$1.63Mshares
TGTTARGET CORP3,528$550Kshares
PROSHARES TRPROSHARES TR54,400$402Kshares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000945621-25-000060 base2025-01-15acceptance time not in the bulk data set