SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Galibier Capital Management Ltd.

CIK 0001765768 · 80 RICHMOND STREET WEST, SUITE 1100, TORONTO, M5H 2A4 · 416.867.1234

Reported Value
$251M
Q3 2019
Positions
31
Filings on Record
28
2019–present window
Filed
Nov 8, 2019
original filing

Summary

Galibier Capital Management Ltd. reported $251M in U.S.-listed holdings across 31 positions for Q3 2019.

Its largest position, CM, represents 13.1% of the portfolio.

Compared with Q2 2019, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+6.3%
vs prior filed quarter
Top-10 Concentration
+80.7%
share of reported value
Largest Position
+13.1%
Cdn Imperial Bk Comm Toronto
New / Exited
1 / 1
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: $146MQ4 ’18Q1 ’19: $168MQ2 ’19: $220MQ3 ’19: $251MQ4 ’19: $315MQ4 ’19Q1 ’20: $230MQ2 ’20: $312MQ3 ’20: $425MQ4 ’20: $578MQ4 ’20Q1 ’21: $666MQ2 ’21: $744MQ3 ’21: $730MQ4 ’21: $697MQ4 ’21Q1 ’22: $744MQ2 ’22: $528MQ3 ’22: $496MQ4 ’22: $493MQ4 ’22Q1 ’23: $423MQ2 ’23: $436MQ3 ’23: $450MQ4 ’23: $386MQ4 ’23Q1 ’24: $418MQ2 ’24: $402MQ3 ’24: $443MQ4 ’24: $350MQ4 ’24Q1 ’25: $321MQ2 ’25: $333MQ3 ’25: $300Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 95.1%ADR: 3.7%NY Reg Shrs: 0.7%Other: 0.5%
  • Common Stock · 95.1% · $239M
  • ADR · 3.7% · $9M
  • NY Reg Shrs · 0.7% · $2M
  • Other · 0.5% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ABBVABBVIE INCNEW+190.2K190.2K+$14M$14M
AIGAMERICAN INT'L GROUPSOLD OUT−32.1K0−$2M$0
MEDTRONIC PLCTRIMMED−103.2K11.2K−$10M$1M
ENBENBRIDGE INCADDED+152.4K547.5K+$5M$19M
NTRNUTRIEN LTDADDED+152.8K607.2K+$6M$30M
BUDANHEUSER BUSCH INBEV SA/NVTRIMMED−8.6K18.9K−$638,000$2M
BNSBANK N S HALIFAXADDED+41.1K197.1K+$3M$11M
AZNNASTRAZENECA PLCADDED+11.4K57.2K+$658,000$3M

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

Holdings — Q3 2019

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CMCDN IMPERIAL BK COMM TORONTOhistory →COM13.10%$33M398.9K
2MFCMANULIFE FINL CORPhistory →COM12.75%$32M1.75M
3NTRNUTRIEN LTDhistory →COM12.04%$30M607.2K
4CVECENOVUS ENERGY INChistory →COM8.93%$22M2.39M
5ENBENBRIDGE INChistory →COM7.65%$19M547.5K
6EMREMERSON ELEC COhistory →COM6.25%$16M234.9K
7ABBVABBVIE INChistory →COM5.73%$14M190.2K
8GIB/ACGI INChistory →CL A SUB VTG5.59%$14M177.7K
9BNSBANK N S HALIFAXhistory →COM4.46%$11M197.1K
10WBAWALGREENS BOOTS ALLIANCE INChistory →COM4.24%$11M192.7K
11OSKOSHKOSH CORPhistory →COM2.28%$6M75.5K
12SRCLEURSTERICYCLE INChistory →COM1.59%$4M78.6K
13HSICHENRY SCHEIN INChistory →COM1.38%$3M54.6K
14MIDDMIDDLEBY CORPhistory →COM1.28%$3M27.5K
15STNSTANTEC INChistory →COM1.27%$3M144.1K
16RYAAYRYANAIR HLDGS PLChistory →SPONSORED ADS1.11%$3M42.1K
17AZNNASTRAZENECA PLChistory →SPONSORED ADR1.01%$3M57.2K
18GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.97%$2M2.0K
19JPMJPMORGAN CHASE & COCOM0.89%$2M18.9K
20BKNGBOOKING HLDGS INCCOM0.87%$2M1.1K
21INGING GROEP N VSPONSORED ADR0.81%$2M195.2K
22CTSHCOGNIZANT TECHNOLOGY SOLUTIOCL A0.77%$2M32.2K
23BBTUSDBB&T CORPCOM0.76%$2M35.6K
24PHGKONINKLIJKE PHILIPS N VNY REG SH NEW0.74%$2M40.1K
25BUDANHEUSER BUSCH INBEV SA/NVSPONSORED ADR0.71%$2M18.9K
26VOYAVOYA FINL INCCOM0.70%$2M32.1K
27CLCOLGATE PALMOLIVE COCOM0.67%$2M22.9K
28PTS1EURPOINTS INTL LTDCOM NEW0.67%$2M153.3K
29MEDTRONIC PLCSHS0.48%$1M11.2K
30TMOTHERMO FISHER SCIENTIFIC INCCOM0.30%$753,0002.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$300M38Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$333M38Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$321M37Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$350M37Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$443M43Oct 25, 202413F-HRchanges · EDGAR ↗
Q2 2024$402M42Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$418M40Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$386M36Jan 23, 202413F-HRchanges · EDGAR ↗
Q3 2023$450M38Oct 23, 202313F-HRchanges · EDGAR ↗
Q2 2023$436M36Jul 24, 202313F-HRchanges · EDGAR ↗
Q1 2023$423M39May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$493M43Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$496M41Oct 20, 202213F-HRchanges · EDGAR ↗
Q2 2022$528M40Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$744M42Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$697M42Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$730M42Oct 20, 202113F-HRchanges · EDGAR ↗
Q2 2021$744M42Jul 20, 202113F-HRchanges · EDGAR ↗
Q1 2021$666M39May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$578M38Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$425M39Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$312M36Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$230M39Apr 21, 202013F-HRchanges · EDGAR ↗
Q4 2019$315M35Jan 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$251M31Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$220M31Aug 2, 201913F-HRchanges · EDGAR ↗
Q1 2019$168M31May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$146M30Feb 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 ↗.