Managers / Q3 2021 · view latest →

BAROMETER CAPITAL MANAGEMENT INC.

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

Reported Value

$518M

Q3 2021

Positions

136

Filings on Record

2019–present window

Filed

Nov 12, 2021

original filing

Summary

Barometer Capital Management Inc. reported $518M in U.S.-listed holdings across 136 positions for Q3 2021.

Its largest position, BMO, represents 4.5% of the portfolio.

Compared with Q2 2021, the fund opened 37 new positions and exited 39.

Portfolio Metrics

Turnover

+40.6%

vs prior filed quarter

Top-10 Concentration

+34.4%

share of reported value

Largest Position

+4.5%

Bank Of Montreal

New / Exited

37 / 39

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 · 74.9% · $388M
Other · 10.9% · $57M
ETP · 10.8% · $56M
REIT · 3.0% · $16M
ADR · 0.4% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
LSPD Lightspeed Commerce Inc	NEW	+118.0K	118.0K	+$14M	$14M
GXO GXO Logistics Inc	NEW	+126.6K	126.6K	+$10M	$10M
DCBO Docebo Inc	NEW	+91.8K	91.8K	+$8M	$8M
NOW ServiceNow Inc	NEW	+13.2K	13.2K	+$8M	$8M
EW Edwards Lifesciences Corp	NEW	+71.0K	71.0K	+$8M	$8M
CSCO Cisco Systems Inc/Delaware	NEW	+124.1K	124.1K	+$7M	$7M
LSCC Lattice Semiconductor Corp	NEW	+84.9K	84.9K	+$5M	$5M
Brookfield Asset Management Reinsurance Partners Ltd	NEW	+73.0K	73.0K	+$5M	$5M

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

Holdings — Q3 2021

127 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	BMO Bank of Montreal history →	Common	4.49%	$23M	185.4K
2	RY Royal Bank of Canada history →	Common	4.11%	$21M	170.7K
3	BCE BCE Inc history →	Common	3.76%	$20M	307.4K
4	Thomson Reuters Corp	Common	3.38%	$18M	125.2K
5	TU TELUS Corp history →	Common	3.35%	$17M	624.0K
6	CI Financial Corp	Common	3.29%	$17M	664.0K
7	MS Morgan Stanley history →	Common	3.25%	$17M	174.5K
8	MSFT Microsoft Corp history →	Common	3.18%	$16M	58.4K
9	Brookfield Asset Management Inc	Common	2.84%	$15M	216.7K
10	LSPD Lightspeed Commerce Inc history →	Common	2.78%	$14M	118.0K
11	CM Canadian Imperial Bank of Commerce history →	Common	2.77%	$14M	101.9K
12	AAPL Apple Inc history →	Common	2.51%	$13M	92.0K
13	Granite Real Estate Investment Trust	Common	2.36%	$12M	136.2K
14	CNQ Canadian Natural Resources Ltd history →	Common	2.32%	$12M	259.6K
15	ENB Enbridge Inc history →	Common	2.05%	$11M	210.2K
16	GOOGL Alphabet Inc history →	Common	2.00%	$10M	3.9K
17	TFI International Inc	Common	1.94%	$10M	77.6K
18	GXO GXO Logistics Inc history →	Common	1.92%	$10M	126.6K
19	NTR Nutrien Ltd history →	Common	1.80%	$9M	113.8K
20	BX Blackstone Inc history →	Common	1.65%	$9M	74.0K
21	DCBO Docebo Inc history →	Common	1.64%	$8M	91.8K
22	NOW ServiceNow Inc history →	Common	1.58%	$8M	13.2K
23	EW Edwards Lifesciences Corp history →	Common	1.55%	$8M	71.0K
24	FTS Fortis Inc/Canada history →	Common	1.52%	$8M	140.4K
25	CSCO Cisco Systems Inc/Delaware history →	Common	1.29%	$7M	124.1K
26	NVDA NVIDIA Corp history →	Common	1.20%	$6M	29.9K
27	XPO XPO Logistics Inc history →	Common	1.06%	$6M	69.2K
28	LSCC Lattice Semiconductor Corp history →	Common	1.06%	$5M	84.9K
29	SPGI S&P Global Inc history →	Common	1.05%	$5M	12.8K
30	XLF Financial Select Sector SPDR Fund history →	ETP	1.02%	$5M	141.5K
31	Brookfield Asset Management Reinsurance Partners Ltd	Common	0.99%	$5M	73.0K
32	DAY Ceridian HCM Holding Inc	Common	0.98%	$5M	35.8K
33	SVB Financial Group	Common	0.95%	$5M	7.6K
34	WCN Waste Connections Inc	Common	0.94%	$5M	30.7K
35	MSCI MSCI Inc	Common	0.94%	$5M	8.0K
36	CDNS Cadence Design Systems Inc	Common	0.89%	$5M	30.4K
37	PBA Pembina Pipeline Corp	Common	0.87%	$5M	112.8K
38	Confluent Inc	Common	0.86%	$4M	74.9K
39	CROX Crocs Inc	Common	0.83%	$4M	29.9K
40	U Unity Software Inc	Common	0.82%	$4M	33.5K
41	BNS Bank of Nova Scotia/The	Common	0.81%	$4M	54.6K
42	GS Goldman Sachs Group Inc/The	Common	0.77%	$4M	10.6K
43	GIB CGI Inc	Common	0.68%	$4M	32.9K
44	SPG Simon Property Group Inc	Common	0.68%	$4M	27.1K
45	ZTS Zoetis Inc	Common	0.68%	$4M	18.1K
46	TD Toronto-Dominion Bank/The	Common	0.67%	$3M	41.6K
47	SLF Sun Life Financial Inc	Common	0.65%	$3M	51.8K
48	NEE NextEra Energy Inc	Common	0.64%	$3M	42.2K
49	COST Costco Wholesale Corp	Common	0.62%	$3M	7.1K
50	TGT Target Corp	Common	0.59%	$3M	13.3K
51	FCX Freeport-McMoRan Inc	Common	0.57%	$3M	90.6K
52	XOP SPDR S&P Oil & Gas Exploration & Production ETF	ETP	0.51%	$3M	27.1K
53	URA Global X Uranium ETF	ETP	0.47%	$2M	102.7K
54	XLI Industrial Select Sector SPDR Fund	ETP	0.47%	$2M	24.9K
55	SNAP Snap Inc	Common	0.46%	$2M	32.4K
56	XME SPDR S&P Metals & Mining ETF	ETP	0.45%	$2M	55.3K
57	SE Sea Ltd	Common	0.40%	$2M	6.5K
58	RDVY First Trust Rising Dividend Achievers ETF	ETP	0.37%	$2M	40.6K
59	XLB Materials Select Sector SPDR Fund	ETP	0.33%	$2M	21.4K
60	LULU Lululemon Athletica Inc	Common	0.32%	$2M	4.2K
61	WOOD iShares Global Timber & Forestry ETF	ETP	0.31%	$2M	18.9K
62	FNV Franco-Nevada Corp	Common	0.30%	$2M	9.3K
63	EWW iShares MSCI Mexico ETF	ETP	0.29%	$2M	31.2K
64	KBE SPDR S&P Bank ETF	ETP	0.29%	$2M	28.4K
65	IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	ETP	0.29%	$1M	14.2K
66	MTUM iShares MSCI USA Momentum Factor ETF	ETP	0.28%	$1M	8.4K
67	TXT Textron Inc	Common	0.28%	$1M	20.9K
68	GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	ETP	0.28%	$1M	15.5K
69	KRE SPDR S&P Regional Banking ETF	ETP	0.27%	$1M	20.5K
70	XSD SPDR S&P Semiconductor ETF	ETP	0.27%	$1M	7.0K
71	iPath Bloomberg Commodity Index Total Return ETN	ETP	0.26%	$1M	46.5K
72	PIE Invesco DWA Emerging Markets Markets Momentum ETF	ETP	0.26%	$1M	55.1K
73	UNP Union Pacific Corp	Common	0.26%	$1M	6.8K
74	iShares MSCI Frontier and Select EM ETF	ETP	0.23%	$1M	35.8K
75	SPAC & New Issue ETF	ETP	0.23%	$1M	41.9K
76	PEJ Invesco Dynamic Leisure and Entertainment ETF	ETP	0.23%	$1M	23.5K
77	XES SPDR S&P Oil & Gas Equipment & Services ETF	ETP	0.23%	$1M	21.7K
78	ADBE Adobe Inc	Common	0.23%	$1M	2.0K
79	ELEMENTS Linked to the Rogers International Commodity Index - Total Return	ETP	0.22%	$1M	170.9K
80	EXMOC Exxon Mobil Corp	Common	0.22%	$1M	19.6K
81	META Meta Platforms Inc	Common	0.22%	$1M	3.3K
82	ETFMG Prime Junior Silver Miners ETF	ETP	0.22%	$1M	94.4K
83	SIL Global X Silver Miners ETF	ETP	0.21%	$1M	30.4K
84	AXP American Express Co	Common	0.20%	$1M	6.3K
85	XLK Technology Select Sector SPDR Fund	ETP	0.20%	$1M	7.0K
86	ROBO Global Robotics and Automation Index ETF	ETP	0.20%	$1M	15.9K
87	CMCSA Comcast Corp	Common	0.20%	$1M	18.2K
88	INDY iShares India 50 ETF	ETP	0.19%	$1M	19.5K
89	GDXJ VanEck Junior Gold Miners ETF	ETP	0.18%	$950,832	24.8K
90	CIBR First Trust NASDAQ Cybersecurity ETF	ETP	0.18%	$919,590	18.9K
91	LIT Global X Lithium & Battery Tech ETF	ETP	0.18%	$917,952	11.2K
92	TAC TransAlta Corp	Common	0.17%	$885,756	66.2K
93	DSI iShares Trust - iShares MSCI KLD 400 Social ETF	ETP	0.16%	$840,421	10.1K
94	KIE SPDR S&P Insurance ETF	ETP	0.16%	$827,382	21.9K
95	CHIQ Global X MSCI China Consumer Discretionary ETF	ETP	0.14%	$734,648	26.2K
96	FRCB First Republic Bank/CA	Common	0.14%	$729,114	3.8K
97	BOTZ Global X Robotics & Artificial Intelligence ETF	ETP	0.14%	$709,458	19.4K
98	COPX Global X Copper Miners ETF	ETP	0.14%	$704,520	20.6K
99	F Ford Motor Co	Common	0.13%	$666,950	47.1K
100	APA APA Corp	Common	0.13%	$660,444	30.9K

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 ↗.