Managers / Q1 2019 · view latest →

BAROMETER CAPITAL MANAGEMENT INC.

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

Reported Value

$878M

Q1 2019

Positions

137

Filings on Record

2019–present window

Filed

Apr 18, 2019

original filing

Summary

Barometer Capital Management Inc. reported $878M in U.S.-listed holdings across 137 positions for Q1 2019.

Its largest position, WCN, represents 4.0% of the portfolio.

Compared with Q4 2018, the fund opened 79 new positions and exited 43.

Portfolio Metrics

Turnover

+35.8%

vs prior filed quarter

Top-10 Concentration

+27.5%

share of reported value

Largest Position

+4.0%

Waste Connections

New / Exited

79 / 43

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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

Portfolio Composition

By security type

Common Stock · 75.2% · $661M
ETP · 14.3% · $126M
Other · 6.4% · $56M
REIT · 4.0% · $35M
ADR · 0.0% · $328,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
SU Suncor Energy Inc	NEW	+598.1K	598.1K	+$26M	$26M
TransCanada Corp	NEW	+408.0K	408.0K	+$24M	$24M
CNI Canadian National Railway Co	NEW	+164.1K	164.1K	+$20M	$20M
BCE BCE Inc	NEW	+328.9K	328.9K	+$20M	$20M
BMO Bank of Montreal	NEW	+187.6K	187.6K	+$19M	$19M
RY Royal Bank of Canada	NEW	+160.0K	160.0K	+$16M	$16M
GIB CGI Inc	NEW	+175.6K	175.6K	+$16M	$16M
AMT American Tower Corp	NEW	+81.1K	81.1K	+$16M	$16M

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

Holdings — Q1 2019

137 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	WCN Waste Connections Inc history →	Common	3.99%	$35M	296.1K
2	ENB Enbridge Inc history →	Common	3.48%	$31M	632.1K
3	PBA Pembina Pipeline Corp history →	Common	3.04%	$27M	544.8K
4	SU Suncor Energy Inc history →	Common	2.95%	$26M	598.1K
5	TransCanada Corp	Common	2.79%	$24M	408.0K
6	FNV Franco-Nevada Corp history →	Common	2.43%	$21M	213.5K
7	CNI Canadian National Railway Co history →	Common	2.23%	$20M	164.1K
8	BCE BCE Inc history →	Common	2.22%	$20M	328.9K
9	Granite Real Estate Investment Trust	Common	2.21%	$19M	304.2K
10	BMO Bank of Montreal history →	Common	2.14%	$19M	187.6K
11	V Visa Inc history →	Common	2.01%	$18M	113.1K
12	RY Royal Bank of Canada history →	Common	1.84%	$16M	160.0K
13	GIB CGI Inc history →	Common	1.84%	$16M	175.6K
14	FISV Fiserv Inc history →	Common	1.81%	$16M	180.3K
15	AMT American Tower Corp history →	Common	1.81%	$16M	81.1K
16	NEE NextEra Energy Inc history →	Common	1.79%	$16M	81.5K
17	SBUX Starbucks Corp history →	Common	1.77%	$16M	209.3K
18	HON Honeywell International Inc history →	Common	1.72%	$15M	94.9K
19	KMI Kinder Morgan Inc/DE history →	Common	1.71%	$15M	749.8K
20	DG Dollar General Corp history →	Common	1.57%	$14M	116.1K
21	MA Mastercard Inc history →	Common	1.57%	$14M	58.5K
22	MSFT Microsoft Corp history →	Common	1.49%	$13M	111.0K
23	TD Toronto-Dominion Bank/The history →	Common	1.47%	$13M	179.5K
24	MRK Merck & Co Inc history →	Common	1.45%	$13M	153.1K
25	CNQ Canadian Natural Resources Ltd history →	Common	1.30%	$11M	310.8K
26	CSCO Cisco Systems Inc history →	Common	1.23%	$11M	201.1K
27	HBM Hudbay Minerals Inc history →	Common	1.08%	$10M	995.3K
28	AES AES Corp/VA history →	Common	1.07%	$9M	518.4K
29	VLO Valero Energy Corp	Common	0.99%	$9M	102.5K
30	NYT New York Times Co/The	Common	0.99%	$9M	265.1K
31	FTS Fortis Inc/Canada	Common	0.98%	$9M	174.9K
32	COST Costco Wholesale Corp	Common	0.96%	$8M	34.7K
33	Thomson Reuters Corp	Common	0.88%	$8M	97.4K
34	Brookfield Asset Management Inc	Common	0.87%	$8M	122.6K
35	ABT Abbott Laboratories	Common	0.87%	$8M	95.5K
36	TDG TransDigm Group Inc	Common	0.84%	$7M	16.3K
37	AEM Agnico Eagle Mines Ltd	Common	0.83%	$7M	125.9K
38	ECL Ecolab Inc	Common	0.80%	$7M	40.0K
39	ADP Automatic Data Processing Inc	Common	0.79%	$7M	43.5K
40	NTR Nutrien Ltd	Common	0.72%	$6M	90.2K
41	VZ Verizon Communications Inc	Common	0.71%	$6M	106.1K
42	Canadian Pacific Railway Ltd	Common	0.68%	$6M	21.8K
43	SHOP Shopify Inc	Common	0.68%	$6M	21.7K
44	BSX Boston Scientific Corp	Common	0.68%	$6M	155.7K
45	KEYS Keysight Technologies Inc	Common	0.68%	$6M	68.0K
46	Marathon Oil Corp	Common	0.67%	$6M	353.8K
47	AWK American Water Works Co Inc	Common	0.67%	$6M	56.6K
48	FCX Freeport-McMoRan Inc	Common	0.67%	$6M	459.0K
49	SPGI S&P Global Inc	Common	0.67%	$6M	27.8K
50	GOOG Alphabet Inc	Common	0.64%	$6M	4.8K
51	AAPL Apple Inc	Common	0.60%	$5M	27.6K
52	UNP Union Pacific Corp	Common	0.58%	$5M	30.5K
53	NFLX Netflix Inc	Common	0.58%	$5M	14.2K
54	LLY Eli Lilly & Co	Common	0.58%	$5M	39.0K
55	PYPL PayPal Holdings Inc	Common	0.56%	$5M	47.0K
56	HES Hess Corp	Common	0.55%	$5M	80.8K
57	LOW Lowe's Cos Inc	Common	0.54%	$5M	43.6K
58	QQQ Invesco QQQ Trust Series 1	ETP	0.53%	$5M	26.0K
59	NOW ServiceNow Inc	Common	0.53%	$5M	18.7K
60	SKYY First Trust Cloud Computing ETF	ETP	0.52%	$5M	78.9K
61	EW Edwards Lifesciences Corp	Common	0.51%	$5M	23.5K
62	XSD SPDR S&P Semiconductor ETF	ETP	0.51%	$4M	57.0K
63	SSNC SS&C Technologies Holdings Inc	Common	0.50%	$4M	68.5K
64	FDN First Trust Dow Jones Internet Index Fund	ETP	0.49%	$4M	31.3K
65	FBT First Trust NYSE Arca Biotechnology Index Fund	ETP	0.49%	$4M	28.6K
66	ORLY O'Reilly Automotive Inc	Common	0.49%	$4M	11.1K
67	IHI iShares U.S. Medical Devices ETF	ETP	0.49%	$4M	18.6K
68	SOXX iShares PHLX Semiconductor ETF	ETP	0.49%	$4M	22.5K
69	PLNT Planet Fitness Inc	Common	0.48%	$4M	61.7K
70	ETFMG Prime Mobile Payments ETF	ETP	0.48%	$4M	98.5K
71	MOAT VanEck Vectors Morningstar Wide Moat ETF	ETP	0.48%	$4M	90.6K
72	XHB SPDR S&P Homebuilders ETF	ETP	0.48%	$4M	109.0K
73	CRM salesforce.com Inc	Common	0.48%	$4M	26.4K
74	LNG Cheniere Energy Inc	Common	0.48%	$4M	61.1K
75	WDAY Workday Inc	Common	0.47%	$4M	21.5K
76	QUAL iShares Edge MSCI USA Quality Factor ETF	ETP	0.47%	$4M	46.8K
77	RPD Rapid7 Inc	Common	0.46%	$4M	80.1K
78	Marvell Technology Group Ltd	Common	0.43%	$4M	191.6K
79	SPDR S&P Oil & Gas Exploration & Production ETF	ETP	0.43%	$4M	122.7K
80	XBI SPDR S&P Biotech ETF	ETP	0.42%	$4M	40.6K
81	VBK Vanguard Small-Cap Growth ETF	ETP	0.41%	$4M	20.1K
82	ARKK ARK Innovation ETF	ETP	0.40%	$4M	75.0K
83	INCY Incyte Corp	Common	0.38%	$3M	38.6K
84	FXI iShares China Large-Cap ETF	ETP	0.38%	$3M	74.7K
85	ITB iShares U.S. Home Construction ETF	ETP	0.38%	$3M	93.7K
86	IGV iShares Expanded Tech-Software Sector ETF	ETP	0.37%	$3M	15.5K
87	CIBR First Trust NASDAQ Cybersecurity ETF	ETP	0.36%	$3M	112.8K
88	AMD Advanced Micro Devices Inc	Common	0.36%	$3M	123.0K
89	KraneShares CSI China Internet ETF	ETP	0.35%	$3M	65.2K
90	SPDR S&P Oil & Gas Equipment & Services ETF	ETP	0.35%	$3M	264.9K
91	ILF iShares Latin America 40 ETF	ETP	0.34%	$3M	90.0K
92	ARKG ARK Genomic Revolution Multi-Sector ETF	ETP	0.34%	$3M	90.0K
93	CRGY Crescent Point Energy Corp	Common	0.33%	$3M	672.8K
94	ARKW ARK Web x.0 ETF	ETP	0.33%	$3M	55.9K
95	INDY iShares India 50 ETF	ETP	0.30%	$3M	70.3K
96	PANW Palo Alto Networks Inc	Common	0.30%	$3M	10.9K
97	Innovator IBD 50 ETF	ETP	0.30%	$3M	77.9K
98	COPX Global X Copper Miners ETF	ETP	0.29%	$3M	118.3K
99	IGM iShares Expanded Tech Sector ETF	ETP	0.29%	$3M	12.4K
100	FXL First Trust Technology AlphaDEX Fund	ETP	0.29%	$3M	40.0K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$292M	114	May 12, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$415M	131	Feb 12, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$437M	174	Nov 13, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$362M	180	Aug 14, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$269M	147	May 14, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$250M	182	Feb 13, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$347M	161	Nov 14, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$259M	173	Aug 9, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$386M	173	May 8, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$353M	177	Feb 14, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$317M	104	Nov 8, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$375M	125	Aug 11, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$390M	107	May 11, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	Under review	123	Feb 13, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$242M	64	Nov 14, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$244M	70	Aug 15, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$550M	115	May 13, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$595M	121	Feb 14, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$518M	136	Nov 12, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$523M	129	Aug 13, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$603M	161	May 10, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$534M	149	Feb 9, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$492M	126	Nov 12, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$535M	126	Aug 12, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	Under review	86	May 13, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$633M	129	Feb 10, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$929M	141	Nov 12, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$769M	123	Aug 13, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$878M	137	Apr 18, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$491M	101	Feb 12, 2019	13F-HR	changes · 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 ↗.