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Portfolio (Quarterly) Guide ↗

PICTON MAHONEY ASSET MANAGEMENT

· CIK 0001539041
13F Portfolio $12.9B AUM Filed Feb 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 1198 New
Page 1 of 60  ·  1,198 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 HYG PUT ISHARES TR 12,325,000.0 $993.8M 7.70% NEW $80.63 -1.5%
2 HYG CALL ISHARES TR 7,500,000.0 $604.7M 4.68% NEW $80.63 -1.5%
3 LQD CALL ISHARES TR 5,000,000.0 $551.0M 4.27% NEW $110.19 -2.1%
4 LQD PUT ISHARES TR 5,000,000.0 $551.0M 4.27% NEW $110.19 -2.1%
5 RY ROYAL BK CDA Financial Services 2,652,043.0 $452.8M 3.51% NEW $170.72 +5.4%
6 TD TORONTO DOMINION BK ONT Financial Services 3,396,972.0 $320.6M 2.48% NEW $94.38 +14.7%
7 SHOP SHOPIFY INC Technology 1,932,932.0 $311.7M 2.41% NEW $161.24 -39.6%
8 IWM PUT ISHARES TR 1,200,000.0 $295.4M 2.29% NEW $246.16 +12.8%
9 IEF PUT ISHARES TR 2,500,000.0 $240.4M 1.86% NEW $96.16 -2.8%
10 BN BROOKFIELD CORP Financial Services 3,613,638.0 $166.2M 1.29% NEW $45.98 -1.0%
11 CANADIAN PACIFIC KANSAS CITY 2,252,702.0 $166.1M 1.29% NEW $73.73
12 CNQ CANADIAN NAT RES LTD Energy 4,666,597.0 $158.3M 1.23% NEW $33.92 +40.2%
13 NVDA NVIDIA CORPORATION Technology 802,128.0 $149.6M 1.16% NEW $186.50 +26.4%
14 B BARRICK MNG CORP Basic Materials 3,423,022.0 $149.3M 1.16% NEW $43.62 -6.9%
15 FNV FRANCO NEV CORP Basic Materials 630,703.0 $130.9M 1.01% NEW $207.58 +14.7%
16 AEM AGNICO EAGLE MINES LTD Basic Materials 767,180.0 $130.3M 1.01% NEW $169.82 +6.2%
17 ENB ENBRIDGE INC Energy 2,666,336.0 $127.8M 0.99% NEW $47.92 +17.3%
18 GOOGL ALPHABET INC Communication Services 382,808.0 $119.8M 0.93% NEW $313.00 +28.1%
19 CVE CENOVUS ENERGY INC Energy 6,824,438.0 $115.6M 0.90% NEW $16.94 +78.0%
20 TRP TC ENERGY CORP Energy 2,055,963.0 $113.4M 0.88% NEW $55.14 +23.6%
Page 1 of 60  ·  1,198 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 26.3%
Technology 18.6%
Basic Materials 12.9%
Energy 9.0%
Industrials 8.0%
Communication Services 6.6%
Consumer Cyclical 6.6%
Healthcare 5.1%
Utilities 3.1%
Real Estate 2.2%