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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 2 of 10  ·  191 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 HWM HOWMET AEROSPACE INC Industrials 130,545.0 $30.1M 0.22% -2K -1.6% $230.46 +18.2%
22 TJX TJX COS INC NEW Consumer Cyclical 181,324.0 $29.0M 0.21% -1K -0.8% $159.70 -7.7%
23 COF CAPITAL ONE FINL CORP Financial Services 150,492.0 $27.5M 0.20% -20K -11.7% $182.43 +1.8%
24 XPO XPO INC Industrials 132,878.0 $25.9M 0.19% -51K -27.6% $194.55 +5.7%
25 WMT WALMART INC Consumer Defensive 205,676.0 $25.6M 0.19% -69K -25.2% $124.28 +6.6%
26 SANDISK CORP 39,496.0 $25.1M 0.18% -3K -6.3% $635.34
27 CNI CANADIAN NATL RY CO Industrials 234,955.0 $24.2M 0.18% -109K -31.8% $102.96 +9.2%
28 RKT ROCKET COS INC Financial Services 1,578,770.0 $22.5M 0.17% -338K -17.6% $14.25 +0.2%
29 TMO THERMO FISHER SCIENTIFIC INC Healthcare 44,543.0 $21.9M 0.16% -916.0 -2.0% $491.53 -8.8%
30 SII SPROTT INC Financial Services 151,114.0 $21.6M 0.16% -123K -44.9% $142.75 -4.6%
31 NSC NORFOLK SOUTHN CORP Industrials 75,000.0 $21.5M 0.16% -15K -16.7% $287.00 +10.7%
32 ISRG INTUITIVE SURGICAL INC Healthcare 45,961.0 $21.2M 0.16% -3K -5.4% $460.99 -7.1%
33 THOMSON REUTERS CORP 215,779.0 $19.5M 0.14% -3K -1.4% $90.31
34 AME AMETEK INC Industrials 90,626.0 $19.4M 0.14% -2K -2.3% $214.36 +6.3%
35 C CITIGROUP INC Financial Services 167,450.0 $19.0M 0.14% -23K -11.9% $113.41 +8.8%
36 PDS PRECISION DRILLING CORP Energy 187,799.0 $18.5M 0.14% -74K -28.3% $98.44 -4.5%
37 NTRA NATERA INC Healthcare 90,161.0 $18.0M 0.13% -2K -2.1% $199.99 -1.5%
38 CM CANADIAN IMPERIAL BANK OF CO Financial Services 183,173.0 $17.4M 0.13% -812K -81.6% $94.80 +17.4%
39 NTR NUTRIEN LTD Basic Materials 223,150.0 $16.8M 0.12% -5K -2.3% $75.51 -6.1%
40 GP-ACT III ACQUISITION CORP 1,375,000.0 $14.9M 0.11% -500K -26.7% $10.84
Page 2 of 10  ·  191 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%