Triasima Portfolio Management inc.

13F filer, CIK 1938757, MONTREAL, Quebec, Canada

Triasima Portfolio Management inc. reported $444,900,894 across 85 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-12. Its ten largest share positions make up 38.88% of the portfolio.

Filed 2024-11-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001938757-24-000012

Period: 2024-09-30
Reported value: $445M
Holdings: 85
Top 10 weight: 38.88%
New: 12
Sold out: 66

Largest buys vs the previous quarter

Security	Shares change	Approx. value
TDadded	+126,922	$8.03M
TRPadded	+104,175	$4.95M
ENBadded	+118,250	$4.8M
AVGOadded	+24,633	$4.25M
AMTnew	+17,255	$4.01M

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

Security	Shares change	Approx. value
RYreduced	-558,205	-$69.7M
BNreduced	-769,700	-$40.9M
CMreduced	-632,200	-$38.8M
CNQreduced	-1,105,550	-$36.7M
CCJexited	-742,668	-$36.5M

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, Q3 2024

Share positions as resolved from 13F-HR 0001938757-24-000012, largest first. % of portfolio is the value over $444,900,894, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
RYROYAL BK CDA	312,914	$39.1M	8.78%	-558,205	Timeline
BNBROOKFIELD CORP	429,550	$22.8M	5.13%	-769,700	Timeline
CMCANADIAN IMPERIAL BANK OF CO	281,916	$17.3M	3.89%	-632,200	Timeline
KGCKINROSS GOLD CORP	1,708,450	$16M	3.6%	-2,520,700	Timeline
PBAPEMBINA PIPELINE CORP	349,538	$14.4M	3.24%	-434,978	Timeline
TRPTC ENERGY CORP	296,692	$14.1M	3.17%	+104,175	Timeline
CNQCANADIAN NAT RES LTD MED TER	376,814	$12.5M	2.81%	-1,105,550	Timeline
MFCMANULIFE FINL CORP	421,408	$12.5M	2.8%	-1,159,680	Timeline
AGIALAMOS GOLD INC	616,727	$12.3M	2.76%	-772,300	Timeline
TRITHOMSON REUTERS CORP	70,407	$12M	2.7%	-136,760	Timeline
NVDANVIDIA CORPORATION	81,467	$9.89M	2.22%	-275	Timeline
RACEFERRARI N V	20,071	$9.44M	2.12%	0	Timeline
EGOELDORADO GOLD CORP NEW	523,117	$9.09M	2.04%	-752,735	Timeline
TDTORONTO DOMINION BK ONT	132,522	$8.38M	1.88%	+126,922	Timeline
DSGXDESCARTES SYS GROUP INC	79,528	$8.18M	1.84%	-174,321	Timeline
MSFTMICROSOFT CORP	18,611	$8.01M	1.8%	+1,403	Timeline
GOOGLALPHABET INC	46,969	$7.79M	1.75%	+10,861	Timeline
IMOIMPERIAL OIL LTD	109,750	$7.72M	1.74%	-269,300	Timeline
BNSBANK NOVA SCOTIA B C	126,789	$6.91M	1.55%	-800	Timeline
WCNWASTE CONNECTIONS INC	38,227	$6.83M	1.54%	-115,310	Timeline
ARESARES MANAGEMENT CORPORATION	42,350	$6.6M	1.48%	-10,781	Timeline
ARISTA NETWORKS INCARISTA NETWORKS INC	16,654	$6.39M	1.44%	-3,536
HUBBHUBBELL INC	13,436	$5.76M	1.29%	-413	Timeline
CLSCELESTICA INC	111,485	$5.7M	1.28%	-231,615	Timeline
ENBENBRIDGE INC	133,640	$5.43M	1.22%	+118,250	Timeline
VRTXVERTEX PHARMACEUTICALS INC	11,533	$5.36M	1.21%	+28	Timeline
VOOVANGUARD INDEX FDS	10,089	$5.32M	1.2%	-231	Timeline
TJXTJX COS INC NEW	42,747	$5.02M	1.13%	+6,347	Timeline
AJGGALLAGHER ARTHUR J & CO	17,154	$4.83M	1.08%	+212	Timeline
PRIMO WATER CORPORATIONPRIMO WATER CORPORATION	189,251	$4.77M	1.07%	-393,549
JPMJPMORGAN CHASE & CO	22,288	$4.7M	1.06%	+1,511	Timeline
MRSHMARSH & MCLENNAN COS INC	20,496	$4.57M	1.03%	+66	Timeline
RBARB GLOBAL INC	56,408	$4.54M	1.02%	-181,010	Timeline
AVGOBROADCOM INC	26,085	$4.5M	1.01%	+24,633	Timeline
AFLAFLAC INC	39,926	$4.46M	1%	+2,575	Timeline
GEVGE VERNOVA INC	15,935	$4.06M	0.91%	+7,670	Timeline
AMTAMERICAN TOWER CORP	17,255	$4.01M	0.9%	new	Timeline
AEMAGNICO EAGLE MINES LTD	48,850	$3.94M	0.88%	-271,450	Timeline
NUNU HLDGS LTD	288,224	$3.93M	0.88%	+8,770	Timeline
NVONOVO-NORDISK A S	32,974	$3.93M	0.88%	-29,798	Timeline
CORCENCORA INC	17,246	$3.88M	0.87%	-1,321	Timeline
NVSNOVARTIS AG	32,275	$3.71M	0.83%	+19,875	Timeline
AMGNAMGEN INC	11,382	$3.67M	0.82%	+174	Timeline
BABAALIBABA GROUP HLDG LTD	33,510	$3.56M	0.8%	+545	Timeline
CEGCONSTELLATION ENERGY CORP	13,441	$3.49M	0.79%	+102	Timeline
PGPROCTER & GAMBLE CO	19,991	$3.46M	0.78%	+457	Timeline
GRBKGREEN BRICK PARTNERS INC	40,735	$3.4M	0.76%	-3,250	Timeline
AQNALGONQUIN POWER & UTILITIES	538,700	$2.94M	0.66%	0	Timeline
RSGREPUBLIC SVCS INC	14,565	$2.93M	0.66%	+3,159	Timeline
BCEBCE INC	82,730	$2.88M	0.65%	+49,850	Timeline
BNTBROOKFIELD WEALTH SOL LTD	54,054	$2.88M	0.65%	new	Timeline
SLFSUN LIFE FINANCIAL INC.	47,650	$2.76M	0.62%	+5,310	Timeline
AMZNAMAZON COM INC	14,441	$2.69M	0.6%	-5,849	Timeline
ONONON HLDG AG	51,920	$2.6M	0.59%	new	Timeline
SUSUNCOR ENERGY INC NEW	70,200	$2.59M	0.58%	-599,800	Timeline
WFGWEST FRASER TIMBER CO LTD	26,087	$2.54M	0.57%	-600	Timeline
BSXBOSTON SCIENTIFIC CORP	30,210	$2.53M	0.57%	new	Timeline
CLCOLGATE PALMOLIVE CO	24,232	$2.52M	0.57%	+10,232	Timeline
GEHCGE HEALTHCARE TECHNOLOGIES I	26,619	$2.5M	0.56%	new	Timeline
WPMWHEATON PRECIOUS METALS CORP	40,500	$2.47M	0.56%	-386,500	Timeline
BARRICK GOLD CORPBARRICK GOLD CORP	123,700	$2.46M	0.55%	new
HLIHOULIHAN LOKEY INC	13,952	$2.2M	0.5%	+450	Timeline
EFAISHARES TR	25,427	$2.13M	0.48%	+292	Timeline
CIGICOLLIERS INTL GROUP INC	13,858	$2.1M	0.47%	new	Timeline
RELXRELX PLC	44,045	$2.09M	0.47%	+265	Timeline
GILGILDAN ACTIVEWEAR INC	43,500	$2.05M	0.46%	new	Timeline
MR COOPER GROUP INCMR COOPER GROUP INC	20,845	$1.92M	0.43%	0
NGDNEW GOLD INC	653,401	$1.89M	0.43%	-12,131	Timeline
TAT&T INC	82,570	$1.82M	0.41%	0	Timeline
TFIITFI INTERNATIONAL INC	12,999	$1.78M	0.4%	-56,301	Timeline
KEYKEYCORP	97,074	$1.63M	0.37%	-4,098	Timeline
EROERO COPPER CORP	67,897	$1.51M	0.34%	new	Timeline
FTSFORTIS INC	28,975	$1.32M	0.3%	0	Timeline
DCBODOCEBO INC	29,346	$1.3M	0.29%	-11,375	Timeline
IAGIAMGOLD CORP	243,791	$1.28M	0.29%	+12,495	Timeline
BIPBROOKFIELD INFRASTRUCTURE PA	32,980	$1.16M	0.26%	new	Timeline
OWLBLUE OWL CAPITAL INC	30,499	$590K	0.13%	0	Timeline
LNCLINCOLN NATL CORP IND	16,525	$521K	0.12%	-87,410	Timeline
BAMBROOKFIELD ASSET MANAGMT LTD	10,828	$512K	0.12%	-544,700	Timeline
FMSFRESENIUS MEDICAL CARE AG	20,560	$438K	0.1%	-64,870	Timeline
CFGCITIZENS FINL GROUP INC	10,004	$411K	0.09%	+656	Timeline
BCHBANCO DE CHILE	11,490	$291K	0.07%	new	Timeline
CMRECOSTAMARE INC	14,500	$228K	0.05%	new	Timeline
JOFJAPAN SMALLER CAPITALIZATION	24,600	$203K	0.05%	0	Timeline
GAUGALIANO GOLD INC	11,000	$15.7K	<0.01%	-6,000	Timeline

Sold out in Q3 2024

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

Security	Shares before	Value before	Type
CCJCAMECO CORP	742,668	$36.5M	shares
CPCANADIAN PACIFIC KANSAS CITY	438,500	$34.5M	shares
STNSTANTEC INC	341,615	$28.6M	shares
SHOPSHOPIFY INC	363,975	$24M	shares
NTRNUTRIEN LTD	363,900	$18.5M	shares
BEPBROOKFIELD RENEWABLE ENERGY	684,800	$16.9M	shares
TECKTECK RESOURCES LTD	299,920	$14.4M	shares
LLYELI LILLY & CO	9,914	$8.98M	shares
BMOBANK OF MONTREAL	95,516	$8.01M	shares
MCKMCKESSON CORP	10,023	$5.85M	shares
ETNEATON CORP PLC	15,106	$4.74M	shares
COSTCOSTCO WHOLESALE CORPORATION	5,165	$4.39M	shares
CRWDCROWDSTRIKE HLDGS INC	10,593	$4.06M	shares
VVISA INC	13,369	$3.51M	shares
SNPSSYNOPSYS INC	5,444	$3.24M	shares
MELIMERCADOLIBRE INC	1,882	$3.09M	shares
MLMMARTIN MARIETTA MATLS INC	5,562	$3.01M	shares
PDDPDD HOLDINGS INC	21,007	$2.79M	shares
SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC	3,383	$2.77M	shares
NVTNVENT ELEC PLC	34,810	$2.67M	shares
ASMLASML HLDG NV	2,590	$2.65M	shares
ROPROPER TECHNOLOGIES INC	4,557	$2.57M	shares
KLACKLA CORP	2,870	$2.37M	shares
BROOKFIELD REINSURANCE FCLA…BROOKFIELD REINSURANCE FCLASS …	55,219	$2.3M	shares
AXONAXON ENTERPRISE INC	7,567	$2.23M	shares
ITGARTNER INC	4,614	$2.07M	shares
PANWPALO ALTO NETWORKS INC	5,598	$1.9M	shares
NXENEXGEN ENERGY LTD	269,013	$1.88M	shares
REGNREGENERON PHARMACEUTICALS	1,694	$1.78M	shares
DELLDELL TECHNOLOGIES INC	12,300	$1.7M	shares
MUSAMURPHY USA INC	3,431	$1.61M	shares
PWRQUANTA SVCS INC	6,120	$1.56M	shares
MSIMOTOROLA SOLUTIONS INC	3,494	$1.35M	shares
NOANORTH AMERN CONSTR GROUP LTD	61,744	$1.19M	shares
RCIROGERS COMMUNICATIONS INC	29,585	$1.09M	shares
MPCMARATHON PETE CORP	6,294	$1.09M	shares
CBOECBOE GLOBAL MKTS INC	6,120	$1.04M	shares
LSPDLIGHTSPEED COMMERCE INC	69,664	$952K	shares
ECLECOLAB INC	3,726	$887K	shares
CAHCARDINAL HEALTH INC	9,010	$886K	shares
BAHBOOZ ALLEN HAMILTON HLDG COR	5,704	$878K	shares
RGENREPLIGEN CORP	6,645	$838K	shares
TDGTRANSDIGM GROUP INC	615	$786K	shares
CTASCINTAS CORP	1,092	$765K	shares
SLSRSOLARIS RES INC	251,525	$702K	shares
TSMTAIWAN SEMICONDUCTOR MANUFAC	4,004	$696K	shares
FMXFOMENTO ECONOMICO MEXICANO S	5,315	$572K	shares
PSXPHILLIPS 66	3,595	$508K	shares
RGAREINSURANCE GROUP AMER INC	2,218	$455K	shares
FSVFIRSTSERVICE CORP NEW	2,949	$449K	shares
TEEKAY TANKERS LTDTEEKAY TANKERS LTD	5,910	$407K	shares
MAMASTERCARD INCORPORATED	837	$369K	shares
GWWWW GRAINGER INC	334	$301K	shares
SHELSHELL PLC	4,055	$293K	shares
ONTOONTO INNOVATION INC	1,315	$289K	shares
INTUINTUIT	403	$265K	shares
APGAPI GROUP CORP	6,905	$260K	shares
IRMIRON MTN INC DEL	2,750	$246K	shares
POWLPOWELL INDS INC	1,635	$234K	shares
VMCVULCAN MATLS CO	935	$233K	shares
CWCURTISS WRIGHT CORP	850	$230K	shares
DGSWISDOMTREE TR	4,305	$221K	shares
FTITECHNIPFMC PLC	8,150	$213K	shares
AAPLAPPLE INC	970	$204K	shares
NOWSERVICENOW INC	256	$201K	shares
CXCEMEX SAB DE CV	15,535	$99.3K	shares

How Q3 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).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001938757-24-000012	base		2024-11-12	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC