SEC 13F Intelligence

Managers / Q1 2026

Heathbridge Capital Management Ltd.

CIK 0001503269 · 141 ADELAIDE ST WEST, SUITE 260, TORONTO, M5H 3L5 · 416 360-3900

Reported Value
$275M
Q1 2026
Positions
29
Filings on Record
30
2019–present window
Filed
May 14, 2026
original filing

Summary

Heathbridge Capital Management Ltd. reported $275M in U.S.-listed holdings across 29 positions for Q1 2026.

Its largest position, BAC, represents 8.8% of the portfolio.

Compared with Q4 2025, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+8.9%
vs prior filed quarter
Top-10 Concentration
+64.0%
share of reported value
Largest Position
+8.8%
Verizon Communications
New / Exited
2 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $446MQ4 ’18Q1 ’19: $500MQ2 ’19: $491MQ3 ’19: $464MQ4 ’19: $490MQ4 ’19Q1 ’20: $373MQ2 ’20: $293MQ3 ’20: $256MQ4 ’20: $296MQ4 ’20Q1 ’21: $364MQ2 ’21: $372MQ3 ’21: $333MQ4 ’21: $349MQ4 ’21Q1 ’22: $314MQ2 ’22: $243MQ3 ’22: $221MQ4 ’22: $261MQ4 ’22Q1 ’23: $237MQ2 ’23: $230MQ3 ’23: $218MQ4 ’23: $233MQ4 ’23Q1 ’24: $259MQ2 ’24: $236MQ3 ’24: $263MQ4 ’24: $251MQ4 ’24Q1 ’25: $246MQ2 ’25: $249MQ3 ’25: $261MQ4 ’25: $262MQ4 ’25Q1 ’26: $275Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%Other: 0.0%
  • Common Stock · 100.0% · $275M
  • Other · 0.0% · $42

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRI4EURTHOMSON REUTERS CORPNEW+131.2K131.2K+$12M$12M
KMBKIMBERLY-CLARK CORPNEW+105.5K105.5K+$10M$10M
HLNHALEON PLCSOLD OUT−1.05M0−$11M$0
MAMASTERCARD INCORPORATEDSOLD OUT−4000−$228,352$0
ADPAUTOMATIC DATA PROCESSING INADDED+26.4K56.5K+$4M$11M
VRSKVERISK ANALYTICS INCADDED+7403.0K+$65,408$559,763
TRPTC ENERGY CORPTRIMMED−92.3K292.8K−$3M$18M
NEMNEWMONT CORPTRIMMED−1.5K5.3K−$104,835$579,138

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BACVERIZON COMMUNICATIONS INChistory →COM8.75%$24M479.9K
2AEPAMERCIAN ELEC PWR CO INChistory →COM8.32%$23M174.8K
3TDTORONTO DOMINION BK ONThistory →COM NEW8.24%$23M243.3K
4AEMAGNICO EAGLE MINES LTDhistory →COM6.84%$19M93.0K
5TRPTC ENERGY CORPhistory →COM6.65%$18M292.8K
6MFCMANULIFE FINL CORPhistory →COM5.70%$16M456.5K
7TTELUS CORPORATIONhistory →COM5.39%$15M1.16M
8CRCCANADIAN NAT RES LTDhistory →COM4.97%$14M281.1K
9RYROYAL BK CDAhistory →COM4.84%$13M82.5K
10TRI4EURTHOMSON REUTERS CORPhistory →COM4.29%$12M131.2K
11TECK/BTECK RESOURCES LTDhistory →CL B4.24%$12M225.7K
12ADPAUTOMATIC DATA PROCESSING INhistory →COM4.17%$11M56.5K
13SOBOSOUTH BOW CORPhistory →COM4.07%$11M337.2K
14GOOGLALPHABET INChistory →CAP STK CL A3.88%$11M37.1K
15MSFTMICROSOFT CORPhistory →COM3.79%$10M28.2K
16KMBKIMBERLY-CLARK CORPhistory →COM3.70%$10M105.5K
17CAECAE INChistory →COM3.55%$10M376.4K
18CPCANADIAN PACIFIC KANSAS CITYhistory →COM3.33%$9M116.8K
19ZTSZOETIS INChistory →CL A2.54%$7M59.2K
20HBMHUDBAY MINERALS INChistory →COM1.39%$4M183.1K
21OKEONEOK INC NEWCOM0.27%$750,2378.3K
22NEMNEWMONT CORPCOM0.21%$579,1385.3K
23VRSKVERISK ANALYTICS INCCOM0.20%$559,7633.0K
24FITBFIFTH THIRD BANCORPCOM0.20%$543,58211.7K
25EXMOCEXXON MOBIL CORPCOM0.16%$436,8752.6K
26DMLDENISON MINES CORPCOM0.13%$353,684100.0K
27UNPUNION PAC CORPCOM0.09%$236,555975
28TMOTHERMO FISHER SCIENTIFIC INCCOM0.08%$221,189450
29ORIGIN MATERIALS INC*W EXP 06/25/2020.00%$4216.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$275M29May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$262M29Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$261M28Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$249M26Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$246M29May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$251M29Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$263M29Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$236M28Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$259M30Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$233M30Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$218M28Oct 26, 202313F-HRchanges · EDGAR ↗
Q2 2023$230M30Aug 16, 202313F-HRchanges · EDGAR ↗
Q1 2023$237M30May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$261M30Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$221M26Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$243M25Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$314M28Apr 18, 202213F-HRchanges · EDGAR ↗
Q4 2021$349M27Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$333M26Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$372M27Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$364M24May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$296M24Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$256M24Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$293M28Jul 31, 202013F-HRchanges · EDGAR ↗
Q1 2020$373M29May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$490M30Jan 23, 202013F-HRchanges · EDGAR ↗
Q3 2019$464M29Nov 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$491M30Jul 26, 201913F-HRchanges · EDGAR ↗
Q1 2019$500M27Apr 22, 201913F-HRchanges · EDGAR ↗
Q4 2018$446M28Jan 29, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.