SEC 13F Intelligence

Managers / Q1 2023 · view latest →

BAROMETER CAPITAL MANAGEMENT INC.

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

Reported Value
$390M
Q1 2023
Positions
107
Filings on Record
30
2019–present window
Filed
May 11, 2023
original filing

Summary

Barometer Capital Management Inc. reported $390M in U.S.-listed holdings across 107 positions for Q1 2023.

Its largest position, Thomson Reuters, represents 5.8% of the portfolio.

Compared with Q4 2022, the fund opened 49 new positions and exited 64.

Portfolio Metrics

Turnover
+59.7%
vs prior filed quarter
Top-10 Concentration
+35.4%
share of reported value
Largest Position
+5.8%
Thomson Reuters
New / Exited
49 / 64
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
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: 80.7%Other: 9.5%ETP: 6.5%REIT: 2.0%ADR: 0.6%Closed-End Fund: 0.6%
  • Common Stock · 80.7% · $315M
  • Other · 9.5% · $37M
  • ETP · 6.5% · $25M
  • REIT · 2.0% · $8M
  • ADR · 0.6% · $3M
  • Closed-End Fund · 0.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CorpNEW+54.3K54.3K+$15M$15M
CMCanadian Imperial Bank of CommerceNEW+236.8K236.8K+$14M$14M
ORCLOracle CorpNEW+130.6K130.6K+$12M$12M
RCI/BRogers Communications IncNEW+182.0K182.0K+$11M$11M
LIESun Life Financial IncNEW+157.6K157.6K+$10M$10M
AAPLApple IncNEW+57.9K57.9K+$10M$10M
OTXOpen Text CorpNEW+180.3K180.3K+$9M$9M
Granite Real Estate Investment TrustNEW+93.4K93.4K+$8M$8M

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

Holdings — Q1 2023

107 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Thomson Reuters CorpCommon5.78%$23M124.5K
2NVDANVIDIA Corphistory →Common3.87%$15M54.3K
3BNSBank of Nova Scotia/Thehistory →Common3.75%$15M218.2K
4RYRoyal Bank of Canadahistory →Common3.74%$15M113.2K
5CMCanadian Imperial Bank of Commercehistory →Common3.47%$14M236.8K
6ORCLOracle Corphistory →Common3.10%$12M130.6K
7MSFTMicrosoft Corphistory →Common3.05%$12M41.2K
8WPMWheaton Precious Metals Corphistory →Common3.00%$12M179.7K
9RCI/BRogers Communications Inchistory →Common2.92%$11M182.0K
10AVGOBroadcom Inchistory →Common2.71%$11M16.5K
11LIESun Life Financial Inchistory →Common2.55%$10M157.6K
12PGRProgressive Corp/Thehistory →Common2.53%$10M69.1K
13AAPLApple Inchistory →Common2.45%$10M57.9K
14OTXOpen Text Corphistory →Common2.41%$9M180.3K
15JPMJPMorgan Chase & Cohistory →Common2.04%$8M61.6K
16Granite Real Estate Investment TrustCommon2.00%$8M93.4K
17IMOImperial Oil Ltdhistory →Common1.96%$8M110.9K
18BNYBank of New York Mellon Corp/Thehistory →Common1.83%$7M158.0K
19FNVFranco-Nevada Corphistory →Common1.79%$7M35.4K
20TDToronto-Dominion Bank/Thehistory →Common1.78%$7M86.6K
21TFIITFI International Inchistory →Common1.66%$6M40.2K
22LWLamb Weston Holdings Inchistory →Common1.63%$6M61.0K
23ENBEnbridge Inchistory →Common1.48%$6M112.0K
24ASML Holding NVCommon1.45%$6M8.4K
25STNStantec Inchistory →Common1.41%$5M69.5K
26PPLPembina Pipeline Corphistory →Common1.34%$5M119.3K
27GFLGFL Environmental Inchistory →Common1.31%$5M109.6K
28RGAReinsurance Group of America Inchistory →Common1.23%$5M36.3K
29AXONAxon Enterprise Inchistory →Common1.23%$5M21.3K
30IRDMIridium Communications Inchistory →Common1.14%$4M71.6K
31METAMeta Platforms Inchistory →Common1.12%$4M20.6K
32CROXCrocs Inchistory →Common1.07%$4M33.1K
33IRIngersoll Rand Inchistory →Common1.04%$4M69.7K
34ABXBarrick Gold Corphistory →Common1.03%$4M159.9K
35FCXFreeport-McMoRan IncCommon0.95%$4M90.4K
36HWMHowmet Aerospace IncCommon0.89%$3M81.8K
37GIB/ACGI IncCommon0.89%$3M26.5K
38Nuvei CorpCommon0.85%$3M56.4K
39AMDAdvanced Micro Devices IncCommon0.85%$3M33.8K
40CRMSalesforce IncCommon0.84%$3M16.4K
41DSGDescartes Systems Group Inc/TheCommon0.82%$3M29.4K
42Arch Capital Group LtdCommon0.77%$3M44.3K
43NEMNewmont CorpCommon0.77%$3M45.1K
44MRKMerck & Co IncCommon0.75%$3M27.6K
45DHIDR Horton IncCommon0.74%$3M29.7K
46NEENextEra Energy IncCommon0.72%$3M36.4K
47LLYEli Lilly & CoCommon0.65%$3M7.4K
48AZNNAstraZeneca PLCCommon0.64%$3M36.2K
49DOOBRP IncCommon0.63%$2M23.2K
50ELEstee Lauder Cos Inc/TheCommon0.63%$2M9.9K
51SITMSiTime CorpCommon0.58%$2M15.9K
52DCBODocebo IncCommon0.55%$2M39.3K
53VVisa IncCommon0.48%$2M8.3K
54FOURShift4 Payments IncCommon0.43%$2M22.2K
55Crescent Point Energy CorpCommon0.40%$2M164.3K
56HESHess CorpCommon0.40%$2M11.7K
57CMICummins IncCommon0.39%$2M6.3K
58PANWPalo Alto Networks IncCommon0.37%$1M7.2K
59CRCCanadian Natural Resources LtdCommon0.35%$1M18.3K
60MNSTMonster Beverage CorpCommon0.34%$1M24.6K
61Global X Copper Miners ETFETP0.31%$1M31.7K
62Sprott Physical Gold TrustETP0.30%$1M74.6K
63SBUXStarbucks CorpCommon0.29%$1M11.0K
64Sprott Physical Silver TrustETP0.29%$1M135.1K
65AEMAgnico Eagle Mines LtdCommon0.29%$1M16.3K
66iShares US Aerospace & Defense ETFETP0.27%$1M9.2K
67ETFMG Prime Junior Silver Miners ETFETP0.27%$1M93.3K
68Global X US Infrastructure Development ETFETP0.26%$1M35.4K
69SPDR EURO STOXX 50 ETFETP0.26%$996,33122.2K
70VanEck Steel ETFETP0.25%$981,59615.4K
71VanEck Junior Gold Miners ETFETP0.25%$979,60024.8K
72FlexShares Morningstar Global Upstream Natural Resources Index FundETP0.25%$972,67023.0K
73iShares MSCI EAFE ETFETP0.25%$959,08413.4K
74iShares MSCI Japan ETFETP0.23%$886,21915.1K
75Invesco DB Base Metals FundETP0.23%$880,72043.6K
76SPDR S&P Oil & Gas Equipment & Services ETFETP0.23%$877,70111.7K
77Invesco DB Agriculture FundETP0.22%$874,40442.8K
78SPDR S&P Metals & Mining ETFETP0.21%$808,03215.2K
79First Trust Materials AlphaDEX FundETP0.21%$803,43612.3K
80iShares U.S. Home Construction ETFETP0.20%$779,51711.1K
81Invesco Water Resources ETFETP0.20%$775,70914.5K
82First Trust RBA American Industrial Renaissance ETFETP0.19%$729,83315.2K
83XLEEnergy Select Sector SPDR FundETP0.19%$728,9048.8K
84Industrial Select Sector SPDR FundETP0.18%$720,9087.1K
85First Trust Industrials/Producer Durables AlphaDEX FundETP0.18%$699,93012.6K
86SPDR S&P Semiconductor ETFETP0.16%$636,9173.1K
87EXMOCExxon Mobil CorpCommon0.16%$625,0625.7K
88iShares MSCI China ETFETP0.16%$613,64712.3K
89PPLTUSDabrdn Physical Platinum Shares ETFETP0.15%$588,4166.4K
90LMTLockheed Martin CorpCommon0.15%$576,7311.2K
91RDVYFirst Trust Rising Dividend Achievers ETFETP0.15%$576,13112.8K
92ARK Innovation ETFETP0.14%$552,65813.7K
93Technology Select Sector SPDR FundETP0.14%$543,6363.6K
94First Trust Exchange-Traded Fund-First Trust Nasdaq-100 Equal Weighted Index SMETP0.14%$533,4455.3K
95First Trust SMID Cap Rising Dividend Achievers ETFETP0.13%$525,01919.7K
96Consumer Staples Select Sector SPDR FundETP0.12%$485,6156.5K
97iShares MSCI Global Metals & Mining Producers ETFETP0.12%$452,83210.6K
98Global X Uranium ETFETP0.11%$438,46022.0K
99AGYSAgilysys IncCommon0.11%$429,0525.2K
100SPDR S&P Capital Markets ETFETP0.09%$357,2014.3K

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 ↗.