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Portfolio (Quarterly) Guide ↗

PICTON MAHONEY ASSET MANAGEMENT

· CIK 0001539041
13F Portfolio $13.5B AUM 1,238 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 300 New 337 Added 191 Reduced 260 Exited
Page 1 of 17  ·  337 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 HYG PUT ISHARES TR 17,805,000.0 $1.42B 10.46% +5.5M +44.5% $79.56 -0.1%
2 TD TORONTO DOMINION BK ONT Financial Services 3,746,718.0 $350.0M 2.58% +350K +10.3% $93.42 +15.9%
3 CNQ CANADIAN NAT RES LTD MED TER Energy 5,381,403.0 $262.5M 1.94% +715K +15.3% $48.79 -2.5%
4 SHOP SHOPIFY INC Technology 2,135,617.0 $253.5M 1.87% +203K +10.5% $118.69 -17.9%
5 AEM AGNICO EAGLE MINES LTD Basic Materials 968,916.0 $196.7M 1.45% +202K +26.3% $203.04 -11.2%
6 CANADIAN PACIFIC KANSAS CITY 2,479,436.0 $195.2M 1.44% +227K +10.1% $78.72
7 SU SUNCOR ENERGY INC NEW Energy 2,874,698.0 $190.2M 1.40% +1.9M +201.1% $66.16 +1.0%
8 FNV FRANCO NEV CORP Basic Materials 759,289.0 $188.1M 1.39% +129K +20.4% $247.68 -3.9%
9 NVDA NVIDIA CORPORATION Technology 889,790.0 $155.2M 1.15% +88K +10.9% $174.40 +35.2%
10 ENB ENBRIDGE INC Energy 2,780,513.0 $150.7M 1.11% +114K +4.3% $54.18 +3.8%
11 BN BROOKFIELD CORP Financial Services 3,655,199.0 $148.2M 1.09% +42K +1.1% $40.53 +12.4%
12 OR OR ROYALTIES INC Basic Materials 3,340,194.0 $127.2M 0.94% +180K +5.7% $38.09 +0.7%
13 GOOGL ALPHABET INC Communication Services 413,828.0 $119.0M 0.88% +31K +8.1% $287.56 +39.5%
14 RCI ROGERS COMMUNICATIONS INC Communication Services 2,992,163.0 $115.1M 0.85% +195K +7.0% $38.47 -7.2%
15 CLS CELESTICA INC Technology 330,699.0 $93.3M 0.69% +45K +15.8% $282.17 +27.1%
16 AMZN AMAZON COM INC Consumer Cyclical 362,073.0 $75.4M 0.56% +19K +5.7% $208.27 +26.8%
17 RSP INVESCO EXCHANGE TRADED FD T 381,604.0 $73.2M 0.54% +368K +2679.8% $191.92 +5.0%
18 BOYD GROUP SERVICES INC 550,447.0 $70.3M 0.52% +41K +8.0% $127.70
19 TECK TECK RESOURCES LTD Basic Materials 1,349,983.0 $69.9M 0.52% +354K +35.6% $51.75 +26.4%
20 SPLV INVESCO EXCH TRADED FD TR II 951,612.0 $69.6M 0.51% +790K +488.8% $73.14 -1.1%
Page 1 of 17  ·  337 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 24.8%
Technology 16.2%
Basic Materials 13.9%
Energy 12.9%
Industrials 8.0%
Consumer Cyclical 6.4%
Communication Services 5.7%
Healthcare 5.5%
Utilities 3.3%
Consumer Defensive 2.0%