SEC 13F Intelligence

Managers / Q1 2026

BAROMETER CAPITAL MANAGEMENT INC.

CIK 0001536890 · 181 BAY STREET, SUITE 3220, TORONTO, M5J 2T3 · 416 601 1683

Reported Value
$292M
Q1 2026
Positions
114
Filings on Record
30
2019–present window
Filed
May 12, 2026
original filing

Summary

Barometer Capital Management Inc. reported $292M in U.S.-listed holdings across 114 positions for Q1 2026.

Its largest position, SU, represents 4.8% of the portfolio.

Compared with Q4 2025, the fund opened 54 new positions and exited 71.

Portfolio Metrics

Turnover
+62.6%
vs prior filed quarter
Top-10 Concentration
+39.8%
share of reported value
Largest Position
+4.8%
Suncor Energy
New / Exited
54 / 71
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: $491MQ4 ’18Q1 ’19: $878MQ2 ’19: $769MQ3 ’19: $929MQ4 ’19: $633MQ4 ’19Q2 ’20: $535.0BQ3 ’20: $492.2BQ4 ’20: $533.5BQ1 ’21: $602.9BQ1 ’21Q2 ’21: $522.8BQ3 ’21: $518.4BQ4 ’21: $595.3BQ1 ’22: $549.6BQ1 ’22Q2 ’22: $244.2BQ3 ’22: $242.4BQ1 ’23: $390MQ2 ’23: $375MQ2 ’23Q3 ’23: $317MQ4 ’23: $353MQ1 ’24: $386MQ2 ’24: $259MQ2 ’24Q3 ’24: $347MQ4 ’24: $250MQ1 ’25: $269MQ2 ’25: $362MQ2 ’25Q3 ’25: $437MQ4 ’25: $415MQ1 ’26: $292Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 59.6%ADR: 30.0%Other: 5.1%ETP: 4.2%NY Reg Shrs: 0.6%Other: 0.4%
  • Common Stock · 59.6% · $174M
  • ADR · 30.0% · $88M
  • Other · 5.1% · $15M
  • ETP · 4.2% · $12M
  • NY Reg Shrs · 0.6% · $2M
  • Other · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SUSuncor Energy IncNEW+151.0K151.0K+$14M$14M
NTRNutrien LtdNEW+125.3K125.3K+$13M$13M
CPCanadian Pacific Kansas City LtdNEW+115.0K115.0K+$13M$13M
Bunge Global SANEW+70.7K70.7K+$9M$9M
CRCCanadian Natural Resources LtdNEW+127.2K127.2K+$9M$9M
Telkom Indonesia Persero Tbk PTNEW+341.8K341.8K+$6M$6M
GDGeneral Dynamics CorpNEW+13.5K13.5K+$5M$5M
HWXHeadwater Exploration IncNEW+328.2K328.2K+$4M$4M

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

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SUSuncor Energy Inchistory →Common4.76%$14M151.0K
2AGIAlamos Gold Inchistory →Common4.69%$14M221.4K
3NTRNutrien Ltdhistory →Common4.50%$13M125.3K
4CPCanadian Pacific Kansas City Ltdhistory →Common4.31%$13M115.0K
5IMOImperial Oil Ltdhistory →Common4.11%$12M65.9K
6CATCaterpillar Inchistory →Common4.00%$12M16.5K
7HWMHowmet Aerospace Inchistory →Common3.91%$11M49.5K
8CMCanadian Imperial Bank of Commercehistory →Common3.28%$10M72.7K
9AEMAgnico Eagle Mines Ltdhistory →Common3.19%$9M33.0K
10Bunge Global SACommon3.08%$9M70.7K
11CRCCanadian Natural Resources Ltdhistory →Common2.95%$9M127.2K
12BMOBank of Montrealhistory →Common2.85%$8M44.5K
13RTXRTX Corphistory →Common2.73%$8M41.4K
14ENBEnbridge Inchistory →Common2.52%$7M97.8K
15GDSGDS Holdings Ltdhistory →Common2.19%$6M158.5K
16Telkom Indonesia Persero Tbk PTCommon2.19%$6M341.8K
17NVDANVIDIA Corphistory →Common2.12%$6M35.5K
18KGCKinross Gold Corphistory →Common1.93%$6M132.6K
19GDGeneral Dynamics Corphistory →Common1.58%$5M13.5K
20GEVGE Vernova Inchistory →Common1.51%$4M5.0K
21HWXHeadwater Exploration Inchistory →Common1.44%$4M328.2K
22MFCManulife Financial Corphistory →Common1.21%$4M73.7K
23YPF SACommon1.19%$3M75.1K
24ASXASE Technology Holding Co Ltdhistory →Common1.03%$3M138.5K
25BWXTBWX Technologies IncCommon0.97%$3M13.8K
26BVNCia de Minas Buenaventura SAACommon0.89%$3M74.2K
27SMFGSumitomo Mitsui Financial Group IncCommon0.86%$3M126.9K
28SANBanco Santander SACommon0.83%$2M216.6K
29Anglogold Ashanti PlcCommon0.80%$2M24.1K
30TEVATeva Pharmaceutical Industries LtdCommon0.80%$2M77.8K
31BMABanco Macro SACommon0.72%$2M27.2K
32SQMSociedad Quimica y Minera de Chile SACommon0.71%$2M25.8K
33RIORio Tinto PLCCommon0.69%$2M21.6K
34BBDBanco Bradesco SACommon0.69%$2M560.9K
35EDGGold Fields LtdCommon0.67%$2M43.3K
36CCOCameco CorpCommon0.66%$2M12.8K
37BCSBarclays PLCCommon0.63%$2M86.5K
38HAMHarmony Gold Mining Co LtdCommon0.60%$2M117.0K
39STMSTMicroelectronics NVCommon0.60%$2M50.4K
40CIB1NGrupo Cibest SACommon0.60%$2M23.9K
41VODVodafone Group PLCCommon0.59%$2M114.8K
42BBVABanco Bilbao Vizcaya Argentaria SACommon0.57%$2M78.6K
43WOPWoodside Energy Group LtdCommon0.55%$2M66.8K
44ECEcopetrol SACommon0.53%$2M109.0K
45LILi Auto IncCommon0.53%$2M86.8K
46Vale SACommon0.53%$2M97.2K
47BIDUNBaidu IncCommon0.52%$2M13.6K
48TSMTaiwan Semiconductor Manufacturing Co LtdCommon0.52%$2M4.5K
49Mitsubishi UFJ Financial Group IncCommon0.52%$2M88.7K
50SESea LtdCommon0.51%$1M18.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$292M114May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$415M131Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$437M174Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$362M180Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$269M147May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$250M182Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$347M161Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$259M173Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$386M173May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$353M177Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$317M104Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$375M125Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$390M107May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review123Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$242.4B64Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$244.2B70Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$549.6B115May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$595.3B121Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$518.4B136Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$522.8B129Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$602.9B161May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$533.5B149Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$492.2B126Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$535.0B126Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020Under review86May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$633M129Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$929M141Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$769M123Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$878M137Apr 18, 201913F-HRchanges · EDGAR ↗
Q4 2018$491M101Feb 12, 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 ↗.