Filed: 10/21/2025ACC: 0000945621-25-000978
📋 What this filing means
GALIBIER CAPITAL MANAGEMENT LTD. filed this quarterly 13F‑HR report disclosing 38 equity positions with a total reported market value of $300.12M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
38
Positions
$300.12M
Total AUM (reported)
6.22M
Total Shares
Allocation by class
COM$282.48M94.1%
CL A SUB VTG$13.83M4.6%
CL B NEW$1.59M0.5%
SPONSORED ADR$1.17M0.4%
CAP STK CL A$1.02M0.3%
CL B$27.9K0.0%
Portfolio Concentration
Top 3$95.82M31.9%
4–10$117.59M39.2%
11–25$78.49M26.2%
Rest$8.22M2.7%
Top 3 weight
31.9%
Top 10 weight
71.1%
Voting Authority Distribution
Total shares with voting rights: 6.22M
Sole
Full voting authority
6.04M
shares
% of voting shares97.2%
Shared
Joint voting authority
175.98K
shares
% of voting shares2.8%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole26
Shared0
Other12
Dominant voting typeSole · 97.2% of voting shares
Institutional Holdings38
Rows:
AGNICO EAGLE MINES LTD
OTRShares226.20K
TypeSH
Market value$38.11M
12.70%
Sole
218.60K
Shared
7.59K
None
0.00
ROYAL BANK OF CANADA
OTRShares220.46K
TypeSH
Market value$32.50M
10.83%
Sole
212.79K
Shared
7.67K
None
0.00
ENBRIDGE INC
OTRShares499.60K
TypeSH
Market value$25.21M
8.40%
Sole
477.59K
Shared
22K
None
0.00
CANADIAN NATURAL RESOURCES LTD
OTRShares633.54K
TypeSH
Market value$20.26M
6.75%
Sole
606.79K
Shared
26.76K
None
0.00
MANULIFE FINANCIAL CORP
OTRShares635.32K
TypeSH
Market value$19.80M
6.60%
Sole
607.60K
Shared
27.72K
None
0.00
CANADIAN PACIFIC KANSAS CITY LTD
OTRShares240.01K
TypeSH
Market value$17.88M
5.96%
Sole
229.43K
Shared
10.59K
None
0.00
CANADIAN IMPERIAL BANK OF COMMERCE
OTRShares212.02K
TypeSH
Market value$16.95M
5.65%
Sole
202.97K
Shared
9.05K
None
0.00
NUTRIEN LTD
OTRShares280.63K
TypeSH
Market value$16.48M
5.49%
Sole
268.15K
Shared
12.48K
None
0.00
CGI INC
OTRShares155.23K
TypeSH
Market value$13.83M
4.61%
Sole
148.47K
Shared
6.77K
None
0.00
TELUS CORP
OTRShares786.68K
TypeSH
Market value$12.39M
4.13%
Sole
751.91K
Shared
34.77K
None
0.00
RESTAURANT BRANDS INTERNATIONAL INC.
OTRShares188.14K
TypeSH
Market value$12.07M
4.02%
Sole
179.80K
Shared
8.34K
None
0.00
ATS CORPORATION
SOLEShares447.45K
TypeSH
Market value$11.71M
3.90%
Sole
447.45K
Shared
0.00
None
0.00
HUDBAY MINERALS INC
SOLEShares687.01K
TypeSH
Market value$10.41M
3.47%
Sole
687.01K
Shared
0.00
None
0.00
GILDAN ACTIVEWEAR INC
SOLEShares172.77K
TypeSH
Market value$9.98M
3.33%
Sole
172.77K
Shared
0.00
None
0.00
WEST FRASER TIMBER CO LTD
SOLEShares135.55K
TypeSH
Market value$9.22M
3.07%
Sole
135.55K
Shared
0.00
None
0.00
OSHKOSH CORP.
SOLEShares37.23K
TypeSH
Market value$4.83M
1.61%
Sole
37.23K
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares417.02K
TypeSH
Market value$4.67M
1.56%
Sole
417.02K
Shared
0.00
None
0.00
CAMECO CORP
OTRShares49.90K
TypeSH
Market value$4.19M
1.40%
Sole
47.65K
Shared
2.25K
None
0.00
HENRY SCHEIN INC.
SOLEShares41.48K
TypeSH
Market value$2.75M
0.92%
Sole
41.48K
Shared
0.00
None
0.00
GREENBRIER COMPANIES INC
SOLEShares47.80K
TypeSH
Market value$2.21M
0.74%
Sole
47.80K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC. - CL B
SOLEShares3.15K
TypeSH
Market value$1.59M
0.53%
Sole
3.15K
Shared
0.00
None
0.00
AUTOZONE INC.
SOLEShares310.00
TypeSH
Market value$1.33M
0.44%
Sole
310.00
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares3.76K
TypeSH
Market value$1.19M
0.40%
Sole
3.76K
Shared
0.00
None
0.00
THERMO FISHER SCIENTIFIC INC
SOLEShares2.43K
TypeSH
Market value$1.18M
0.39%
Sole
2.43K
Shared
0.00
None
0.00
ING GROEP NV - ADR
SOLEShares44.88K
TypeSH
Market value$1.17M
0.39%
Sole
44.88K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AGNICO EAGLE MINES LTDOTR | COM | 226.20K | SH | $38.11M 12.70% | 218.60K | 7.59K | 0.00 |
ROYAL BANK OF CANADAOTR | COM | 220.46K | SH | $32.50M 10.83% | 212.79K | 7.67K | 0.00 |
ENBRIDGE INCOTR | COM | 499.60K | SH | $25.21M 8.40% | 477.59K | 22K | 0.00 |
CANADIAN NATURAL RESOURCES LTDOTR | COM | 633.54K | SH | $20.26M 6.75% | 606.79K | 26.76K | 0.00 |
MANULIFE FINANCIAL CORPOTR | COM | 635.32K | SH | $19.80M 6.60% | 607.60K | 27.72K | 0.00 |
CANADIAN PACIFIC KANSAS CITY LTDOTR | COM | 240.01K | SH | $17.88M 5.96% | 229.43K | 10.59K | 0.00 |
CANADIAN IMPERIAL BANK OF COMMERCEOTR | COM | 212.02K | SH | $16.95M 5.65% | 202.97K | 9.05K | 0.00 |
NUTRIEN LTDOTR | COM | 280.63K | SH | $16.48M 5.49% | 268.15K | 12.48K | 0.00 |
CGI INCOTR | CL A SUB VTG | 155.23K | SH | $13.83M 4.61% | 148.47K | 6.77K | 0.00 |
TELUS CORPOTR | COM | 786.68K | SH | $12.39M 4.13% | 751.91K | 34.77K | 0.00 |
RESTAURANT BRANDS INTERNATIONAL INC.OTR | COM | 188.14K | SH | $12.07M 4.02% | 179.80K | 8.34K | 0.00 |
ATS CORPORATIONSOLE | COM | 447.45K | SH | $11.71M 3.90% | 447.45K | 0.00 | 0.00 |
HUDBAY MINERALS INCSOLE | COM | 687.01K | SH | $10.41M 3.47% | 687.01K | 0.00 | 0.00 |
GILDAN ACTIVEWEAR INCSOLE | COM | 172.77K | SH | $9.98M 3.33% | 172.77K | 0.00 | 0.00 |
WEST FRASER TIMBER CO LTDSOLE | COM | 135.55K | SH | $9.22M 3.07% | 135.55K | 0.00 | 0.00 |
OSHKOSH CORP.SOLE | COM | 37.23K | SH | $4.83M 1.61% | 37.23K | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | COM | 417.02K | SH | $4.67M 1.56% | 417.02K | 0.00 | 0.00 |
CAMECO CORPOTR | COM | 49.90K | SH | $4.19M 1.40% | 47.65K | 2.25K | 0.00 |
HENRY SCHEIN INC.SOLE | COM | 41.48K | SH | $2.75M 0.92% | 41.48K | 0.00 | 0.00 |
GREENBRIER COMPANIES INCSOLE | COM | 47.80K | SH | $2.21M 0.74% | 47.80K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC. - CL BSOLE | CL B NEW | 3.15K | SH | $1.59M 0.53% | 3.15K | 0.00 | 0.00 |
AUTOZONE INC.SOLE | COM | 310.00 | SH | $1.33M 0.44% | 310.00 | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 3.76K | SH | $1.19M 0.40% | 3.76K | 0.00 | 0.00 |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 2.43K | SH | $1.18M 0.39% | 2.43K | 0.00 | 0.00 |
ING GROEP NV - ADRSOLE | SPONSORED ADR | 44.88K | SH | $1.17M 0.39% | 44.88K | 0.00 | 0.00 |
Page 1 of 2