Triasima Portfolio Management inc.

13F filer · CIK 0001938757

Reported Jul 21, 2026

Net seller this quarter

13F portfolio value$740MU.S. long equity reported on 13F

Positions12319 new · 29 closed

Net flow last quarter-$15.2MBuys minus sells

Top 10 positions weight32.2%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 21, 2026123 positions
RYRoyal Bank of Canada	$52.8M	7.13%	0.02%	+0.8%	Q4 2020
TDToronto Dominion Bank	$37.2M	5.02%	0.02%	+10.9%	Q4 2020
CMCanadian Imperial Bank of Commerce	$28M	3.79%	0.03%	+5.4%	Q4 2020
BMOBank of Montreal	$27.2M	3.67%	0.02%	+9.4%	Q4 2020
TIGOMillicom International Cellular SA	$18.6M	2.51%	0.12%	+0.4%	Q2 2025
GOOGLAlphabet Inc.	$17.1M	2.32%	0.00%	+0.5%	Q4 2020
TSMTaiwan Semiconductor Manufacturing Co Ltd	$16M	2.16%	0.00%	+3.0%	Q4 2023
FTSFortis Inc.	$15.1M	2.04%	0.05%	+2.7%	Q2 2022
HBMHudbay Minerals Inc.	$13.3M	1.80%	0.14%	-1.7%	Q4 2022
CNICanadian National Railway Co	$12.8M	1.73%	0.02%	+79.2%	Q4 2020
LLYELI LILLY & Co	$12M	1.63%	0.00%	+58.2%	Q4 2020
CLSCelestica Inc	$11.7M	1.59%	0.03%	-13.7%	Q1 2022
TJXTJX Companies Inc	$11.3M	1.52%	0.01%	+3.8%	Q1 2023
BNSBank of Nova Scotia	$11.2M	1.51%	0.01%	Not reported	Q4 2020
WELLWelltower Inc.	$11M	1.48%	0.01%	+7.0%	Q4 2024
LRCXLam Research Corp	$11M	1.48%	0.00%	-12.4%	Q4 2020
AAPLApple Inc.	$10.7M	1.44%	0.00%	+50.5%	Q4 2020
MSFTMicrosoft Corp	$10.6M	1.43%	0.00%	-1.3%	Q4 2020
TFIITFI International Inc.	$10.5M	1.41%	0.09%	+5.8%	Q4 2020
NVDANvidia Corp	$10.3M	1.40%	0.00%	-0.1%	Q4 2020
RPRXRoyalty Pharma plc	$10.1M	1.37%	0.05%	New	Q2 2026
CIBGrupo Cibest S.A.	$9.78M	1.32%	0.02%	-14.2%	Q2 2025
ENBEnbridge Inc	$9.6M	1.30%	0.01%	+21.8%	Q4 2020
SPGSimon Property Group Inc.	$9.52M	1.29%	532.29%	+35.6%	Q1 2026
KLACKla Corp	$9.44M	1.28%	0.00%	Not reported	Q3 2023
IBKRInteractive Brokers Group, Inc.	$8.94M	1.21%	0.04%	+131.0%	Q4 2025
INTCIntel Corp	$8.65M	1.17%	0.00%	-46.8%	Q4 2025
CCJCameco Corp	$8.56M	1.16%	0.02%	-22.8%	Q1 2021
AVGOBroadcom Inc.	$8.54M	1.15%	0.00%	+1.1%	Q4 2020
GSGoldman Sachs Group Inc	$8.54M	1.15%	0.00%	+14.0%	Q4 2020
MGAMagna International Inc	$8.43M	1.14%	0.05%	+20.5%	Q4 2020
KGCKinross Gold Corp	$8.4M	1.13%	0.03%	-30.0%	Q4 2020
CVECenovus Energy Inc.	$8.03M	1.09%	0.02%	-6.2%	Q1 2022
MDAMDA Space Ltd.	$7.97M	1.08%	Not reported	+24.4%	Q1 2026
FIXComfort Systems USA Inc	$7.67M	1.04%	0.01%	-16.6%	Q3 2025
UBSUBS Group AG	$7.65M	1.03%	0.00%	+4.2%	Q3 2025
MFCManulife Financial Corp	$7.49M	1.01%	Not reported	+9.8%	Q1 2021
GEVGE Vernova Inc.	$7.4M	1.00%	0.00%	-16.6%	Q2 2024
CSCOCisco Systems, Inc.	$7.21M	0.97%	0.00%	+9.0%	Q4 2024
FERFerrovial N.V.	$7.21M	0.97%	0.01%	-25.5%	Q2 2025
AERAerCap Holdings N.V.	$7.06M	0.95%	0.03%	+0.2%	Q4 2024
NVSNovartis AG	$7.01M	0.95%	0.00%	-14.7%	Q3 2023
PAASPan American Silver Corp	$6.97M	0.94%	0.04%	-30.3%	Q4 2020
CNQCANADIAN NATURAL RESOURCES Ltd	$6.57M	0.89%	0.01%	+405.1%	Q4 2020
CFGCitizens Financial Group Inc	$6.48M	0.87%	0.02%	+48.1%	Q1 2024
EFXTEnerflex Ltd.	$6.4M	0.86%	0.21%	+59.6%	Q4 2025
EZPWEzcorp Inc	$6.16M	0.83%	Not reported	-0.5%	Q1 2025
SHOPShopify Inc.	$6.06M	0.82%	0.01%	-65.9%	Q4 2020
PWRQuanta Services, Inc.	$6.02M	0.81%	0.01%	+52.0%	Q2 2024
CHRWC. H. Robinson Worldwide, Inc.	$5.9M	0.80%	0.03%	Not reported	Q4 2024

Q1 2026Reported Apr 24, 2026133 positions
RYRoyal Bank of Canada	$40.8M	6.16%	0.02%	+5.2%	Q4 2020
TDToronto Dominion Bank	$25.7M	3.89%	0.02%	+9.9%	Q4 2020
CMCanadian Imperial Bank of Commerce	$21.8M	3.30%	0.03%	+3.8%	Q4 2020
BMOBank of Montreal	$19M	2.87%	0.02%	+21.2%	Q4 2020
SHOPShopify Inc.	$18.4M	2.78%	0.04%	-14.9%	Q4 2020
KGCKinross Gold Corp	$15.4M	2.34%	0.04%	-34.5%	Q4 2020
TIGOMillicom International Cellular SA	$15.3M	2.31%	0.12%	+0.2%	Q2 2025
FTSFortis Inc.	$14.3M	2.15%	0.05%	+2.5%	Q2 2022
GOOGLAlphabet Inc.	$13.7M	2.08%	0.00%	+3.1%	Q4 2020
PAASPan American Silver Corp	$12.2M	1.84%	0.05%	-11.8%	Q4 2020
HBMHudbay Minerals Inc.	$12M	1.81%	0.14%	-2.0%	Q4 2022
CCJCameco Corp	$11.8M	1.78%	0.03%	+2.0%	Q1 2021
TJXTJX Companies Inc	$11.4M	1.73%	0.01%	+2.7%	Q1 2023
TSMTaiwan Semiconductor Manufacturing Co Ltd	$11M	1.66%	0.00%	-10.3%	Q4 2023
MSFTMicrosoft Corp	$10.7M	1.61%	0.00%	+0.8%	Q4 2020
CLSCelestica Inc	$10.5M	1.59%	0.03%	-6.5%	Q1 2022
CIBGrupo Cibest S.A.	$10.4M	1.58%	0.03%	+2.6%	Q2 2025
IMOImperial Oil Ltd	$9.5M	1.44%	0.02%	-13.4%	Q2 2021
FERFerrovial N.V.	$9.17M	1.39%	0.02%	+10.6%	Q2 2025
CVECenovus Energy Inc.	$9.14M	1.38%	0.02%	-24.2%	Q1 2022
NVDANvidia Corp	$9.02M	1.36%	0.00%	-26.9%	Q4 2020
WELLWelltower Inc.	$8.94M	1.35%	0.01%	+1.2%	Q4 2024
BNSBank of Nova Scotia	$8.9M	1.34%	0.01%	-0.9%	Q4 2020
NVSNovartis AG	$8.01M	1.21%	0.00%	+4.6%	Q3 2023
ENBEnbridge Inc	$7.86M	1.19%	0.01%	-36.8%	Q4 2020
TFIITFI International Inc.	$7.46M	1.13%	0.08%	Not reported	Q4 2020
BCEBce Inc	$7.46M	1.13%	0.03%	Not reported	Q2 2021
AGIAlamos Gold Inc	$7.03M	1.06%	0.04%	+1.3%	Q4 2020
AVGOBroadcom Inc.	$6.93M	1.05%	0.00%	-43.8%	Q4 2020
GRTUFGranite Real Estate Investment Trust	$6.89M	1.04%	0.19%	New	Q1 2026
GILDGilead Sciences, Inc.	$6.71M	1.01%	0.00%	+2.0%	Q4 2022
AERAerCap Holdings N.V.	$6.63M	1.00%	0.03%	+11.7%	Q4 2024
GEVGE Vernova Inc.	$6.6M	1.00%	0.00%	-20.4%	Q2 2024
FIXComfort Systems USA Inc	$6.4M	0.97%	0.01%	+12.6%	Q3 2025
GSGoldman Sachs Group Inc	$6.27M	0.95%	0.00%	+1.7%	Q4 2020
AAPLApple Inc.	$6.21M	0.94%	0.00%	+32.7%	Q4 2020
LRCXLam Research Corp	$6.17M	0.93%	0.00%	+12.1%	Q4 2020
CNICanadian National Railway Co	$6.15M	0.93%	0.01%	+54.5%	Q4 2020
JPMJPMorgan Chase & Co	$6.11M	0.92%	0.00%	-34.5%	Q4 2020
MGAMagna International Inc	$5.93M	0.90%	0.04%	+3.6%	Q4 2020
SPGSimon Property Group Inc.	$5.86M	0.89%	392.41%	New	Q1 2026
LLYELI LILLY & Co	$5.84M	0.88%	0.00%	+6.4%	Q4 2020
UBSUBS Group AG	$5.79M	0.88%	0.00%	+2.7%	Q3 2025
MFCManulife Financial Corp	$5.78M	0.87%	Not reported	+1015.3%	Q1 2021
WPMWheaton Precious Metals Corp.	$5.63M	0.85%	0.01%	+154.8%	Q1 2023
MCKMckesson Corp	$5.26M	0.80%	0.01%	+12.7%	Q1 2022
CHRWC. H. Robinson Worldwide, Inc.	$5.2M	0.79%	0.03%	Not reported	Q4 2024
INTCIntel Corp	$5.14M	0.78%	0.00%	+84.8%	Q4 2025
SPGIS&P Global Inc.	$4.66M	0.71%	0.00%	Not reported	Q4 2020
KLACKla Corp	$4.61M	0.70%	0.00%	-21.1%	Q3 2023

Q4 2025Reported Feb 2, 2026137 positions
RYRoyal Bank of Canada	$41M	6.15%	0.02%	+7.0%	Q4 2020
SHOPShopify Inc.	$29.4M	4.40%	0.05%	+11.0%	Q4 2020
TDToronto Dominion Bank	$23.7M	3.55%	0.01%	+10.2%	Q4 2020
KGCKinross Gold Corp	$21.8M	3.27%	0.06%	-5.0%	Q4 2020
CMCanadian Imperial Bank of Commerce	$20.2M	3.03%	0.02%	-2.4%	Q4 2020
BNBROOKFIELD Corp	$18.3M	2.74%	Not reported	-8.2%	Q1 2022
BMOBank of Montreal	$15.1M	2.26%	0.02%	+16.3%	Q4 2020
GOOGLAlphabet Inc.	$14.5M	2.17%	0.00%	-4.8%	Q4 2020
MSFTMicrosoft Corp	$13.8M	2.07%	0.00%	+4.1%	Q4 2020
AVGOBroadcom Inc.	$13.8M	2.06%	0.00%	-3.7%	Q4 2020
NVDANvidia Corp	$13.2M	1.97%	0.00%	-1.6%	Q4 2020
PAASPan American Silver Corp	$13.1M	1.97%	0.06%	+4.5%	Q4 2020
FTSFortis Inc.	$13M	1.95%	0.05%	+7.3%	Q2 2022
CLSCelestica Inc	$11.8M	1.77%	0.03%	-47.2%	Q1 2022
HBMHudbay Minerals Inc.	$11.6M	1.74%	0.15%	+10.0%	Q4 2022
TIGOMillicom International Cellular SA	$11.3M	1.69%	0.12%	Not reported	Q2 2025
ENBEnbridge Inc	$11M	1.65%	0.01%	+18.5%	Q4 2020
TSMTaiwan Semiconductor Manufacturing Co Ltd	$11M	1.65%	0.00%	+26.5%	Q4 2023
TJXTJX Companies Inc	$10.7M	1.60%	0.01%	+102.2%	Q1 2023
IAGIamgold Corp	$10.3M	1.54%	0.11%	-10.5%	Q2 2024
JPMJPMorgan Chase & Co	$10.2M	1.53%	0.00%	+11.3%	Q4 2020
CCJCameco Corp	$9.79M	1.47%	0.02%	+168.9%	Q1 2021
BNSBank of Nova Scotia	$9.59M	1.44%	0.01%	+22.6%	Q4 2020
CIBGrupo Cibest S.A.	$8.9M	1.33%	0.03%	+32.5%	Q2 2025
WELLWelltower Inc.	$8.29M	1.24%	0.01%	-3.4%	Q4 2024
FERFerrovial N.V.	$8.24M	1.23%	0.02%	+4.9%	Q2 2025
CVECenovus Energy Inc.	$7.72M	1.16%	0.02%	+179.9%	Q1 2022
BABAAlibaba Group Holding Ltd	$7.57M	1.13%	0.00%	+102.9%	Q4 2020
IMOImperial Oil Ltd	$7.26M	1.09%	0.02%	+17.6%	Q2 2021
NVSNovartis AG	$6.92M	1.04%	0.00%	+185.8%	Q3 2023
UBSUBS Group AG	$6.69M	1.00%	0.00%	-0.4%	Q3 2025
LLYELI LILLY & Co	$6.42M	0.96%	0.00%	Not reported	Q4 2020
GSGoldman Sachs Group Inc	$6.41M	0.96%	0.00%	+39.1%	Q4 2020
MDTMedtronic plc	$6.4M	0.96%	0.01%	+135.8%	Q3 2025
AERAerCap Holdings N.V.	$6.22M	0.93%	0.03%	+1.6%	Q4 2024
GEVGE Vernova Inc.	$6.21M	0.93%	0.00%	-8.7%	Q2 2024
AGIAlamos Gold Inc	$6.05M	0.91%	0.04%	-31.3%	Q4 2020
GILDGilead Sciences, Inc.	$5.79M	0.87%	0.00%	+20.7%	Q4 2022
DOOBRP Inc.	$5.55M	0.83%	Not reported	+15.9%	Q4 2020
MGAMagna International Inc	$5.48M	0.82%	0.04%	+38.7%	Q4 2020
BCSBarclays PLC	$5.15M	0.77%	0.00%	-0.5%	Q3 2025
CHRWC. H. Robinson Worldwide, Inc.	$5.03M	0.75%	0.03%	-4.1%	Q4 2024
AAPLApple Inc.	$5.02M	0.75%	0.00%	+1802.2%	Q4 2020
METAMeta Platforms, Inc.	$4.99M	0.75%	Not reported	-29.1%	Q4 2021
KLACKla Corp	$4.82M	0.72%	0.00%	-3.3%	Q3 2023
EVREvercore Inc.	$4.46M	0.67%	Not reported	+38.9%	Q3 2025
MCKMckesson Corp	$4.43M	0.66%	0.00%	+21.8%	Q1 2022
LRCXLam Research Corp	$4.41M	0.66%	0.00%	Not reported	Q4 2020
GILGildan Activewear Inc.	$4.35M	0.65%	0.04%	Not reported	Q4 2020
CSCOCisco Systems, Inc.	$4.34M	0.65%	0.00%	-5.4%	Q4 2024

Q3 2025Reported Oct 29, 2025143 positions
RYRoyal Bank of Canada	$33.1M	5.00%	0.02%	+3.8%	Q4 2020
SHOPShopify Inc.	$24.4M	3.69%	0.04%	+22.4%	Q4 2020
KGCKinross Gold Corp	$20.2M	3.05%	0.07%	-5.1%	Q4 2020
BNBROOKFIELD Corp	$19.8M	2.99%	Not reported	+9.0%	Q1 2022
CLSCelestica Inc	$18.6M	2.81%	0.07%	-18.5%	Q1 2022
TDToronto Dominion Bank	$18.2M	2.75%	0.01%	+97.1%	Q4 2020
CMCanadian Imperial Bank of Commerce	$18.2M	2.75%	0.02%	+18.7%	Q4 2020
MSFTMicrosoft Corp	$14.2M	2.15%	0.00%	+47.8%	Q4 2020
AVGOBroadcom Inc.	$13.6M	2.06%	0.00%	+21.2%	Q4 2020
NVDANvidia Corp	$13.4M	2.02%	0.00%	+11.2%	Q4 2020
BMOBank of Montreal	$13M	1.96%	0.01%	-3.6%	Q4 2020
RBARB Global Inc.	$12.1M	1.82%	0.06%	+47.1%	Q2 2023
GOOGLAlphabet Inc.	$11.8M	1.78%	0.00%	+0.1%	Q4 2020
FTSFortis Inc.	$11.8M	1.78%	0.05%	+11.1%	Q2 2022
TIGOMillicom International Cellular SA	$9.87M	1.49%	0.12%	+122.3%	Q2 2025
ENBEnbridge Inc	$9.8M	1.48%	0.01%	-26.0%	Q4 2020
PAASPan American Silver Corp	$9.38M	1.42%	0.07%	+14.7%	Q4 2020
JPMJPMorgan Chase & Co	$8.99M	1.36%	0.00%	+4.9%	Q4 2020
IAGIamgold Corp	$8.97M	1.35%	0.12%	-8.6%	Q2 2024
NTRNutrien Ltd.	$8.55M	1.29%	0.03%	-5.9%	Q4 2020
WELLWelltower Inc.	$8.23M	1.24%	0.01%	+8.9%	Q4 2024
MELIMercadolibre Inc	$8.11M	1.22%	0.01%	+8.4%	Q4 2020
HBMHudbay Minerals Inc.	$8.06M	1.22%	0.13%	Not reported	Q4 2022
TSMTaiwan Semiconductor Manufacturing Co Ltd	$8M	1.21%	0.00%	+29.6%	Q4 2023
AGIAlamos Gold Inc	$7.94M	1.20%	0.05%	-47.7%	Q4 2020
METAMeta Platforms, Inc.	$7.82M	1.18%	Not reported	+26.0%	Q4 2021
ARESAres Management Corp	$7.79M	1.18%	0.02%	+3.1%	Q3 2023
SPOTSpotify Technology S.A.	$7.13M	1.08%	0.01%	+35.8%	Q2 2025
FERFerrovial N.V.	$7.12M	1.08%	0.02%	+178.9%	Q2 2025
BNSBank of Nova Scotia	$6.85M	1.03%	0.01%	+65.0%	Q4 2020
AXONAxon Enterprise, Inc.	$6.7M	1.01%	0.01%	+20.3%	Q4 2022
IMOImperial Oil Ltd	$6.48M	0.98%	0.01%	Not reported	Q2 2021
GEVGE Vernova Inc.	$6.39M	0.97%	0.00%	0.0%	Q2 2024
UBSUBS Group AG	$5.94M	0.90%	0.00%	New	Q3 2025
CAECae Inc	$5.85M	0.88%	0.06%	+25.1%	Q1 2021
AEMAgnico Eagle Mines Ltd	$5.62M	0.85%	0.01%	-6.1%	Q4 2020
HLIHoulihan Lokey, Inc.	$5.5M	0.83%	4.56%	+24.6%	Q4 2020
CIBGrupo Cibest S.A.	$5.49M	0.83%	Not reported	+0.9%	Q2 2025
XPEVXpeng Inc.	$5.43M	0.82%	Not reported	-2.1%	Q1 2025
AERAerCap Holdings N.V.	$5.15M	0.78%	0.02%	+0.2%	Q4 2024
TJXTJX Companies Inc	$4.98M	0.75%	0.00%	-32.6%	Q1 2023
BSXBoston Scientific Corp	$4.75M	0.72%	0.00%	+4.7%	Q3 2024
VVisa Inc.	$4.72M	0.71%	0.00%	-19.3%	Q4 2020
RSGRepublic Services, Inc.	$4.68M	0.71%	0.01%	+2.9%	Q4 2021
TRIThomson Reuters Corp	$4.62M	0.70%	0.01%	-36.7%	Q4 2020
BABAAlibaba Group Holding Ltd	$4.55M	0.69%	0.00%	Not reported	Q4 2020
COSTCostco Wholesale Corp	$4.43M	0.67%	0.00%	+25.9%	Q4 2020
KLACKla Corp	$4.42M	0.67%	0.00%	Not reported	Q3 2023
GILDGilead Sciences, Inc.	$4.34M	0.66%	0.00%	+12.8%	Q4 2022
CHRWC. H. Robinson Worldwide, Inc.	$4.32M	0.65%	0.03%	Not reported	Q4 2024

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