Filed: 5/13/2026ACC: 0001539041-26-000013
📋 What this filing means
PICTON MAHONEY ASSET MANAGEMENT filed this quarterly 13F‑HR report disclosing 1207 equity positions with a total reported market value of $13.55B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1207
Positions
$13.55B
Total AUM (reported)
359.95M
Total Shares
Allocation by class
COM$6.29B46.4%
IBOXX HI YD ETF$1.81B13.4%
IBOXX INV CP ETF$817.67M6.0%
COM NEW$628.82M4.6%
CL A$377.92M2.8%
COM SHS$324.81M2.4%
CL B$285.44M2.1%
Portfolio Concentration
Top 3$3.06B22.6%
4–10$1.70B12.5%
11–25$2.02B14.9%
Rest$6.77B50.0%
Top 3 weight
22.6%
Top 10 weight
35.1%
Voting Authority Distribution
Total shares with voting rights: 359.95M
Sole
Full voting authority
359.95M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole1207
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1207
Rows:
ISHARES TR
SOLEShares22.81M
TypeSH
Market value$1.81B
13.39%
Sole
22.81M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares7.50M
TypeSH
Market value$817.67M
6.04%
Sole
7.50M
Shared
0.00
None
0.00
ROYAL BK CDA
SOLEShares2.65M
TypeSH
Market value$429.23M
3.17%
Sole
2.65M
Shared
0.00
None
0.00
TORONTO DOMINION BK ONT
SOLEShares3.75M
TypeSH
Market value$350.02M
2.58%
Sole
3.75M
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares2.35M
TypeSH
Market value$278.38M
2.06%
Sole
2.35M
Shared
0.00
None
0.00
CANADIAN NAT RES LTD MED TER
SOLEShares5.38M
TypeSH
Market value$262.55M
1.94%
Sole
5.38M
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares1.15M
TypeSH
Market value$233.27M
1.72%
Sole
1.15M
Shared
0.00
None
0.00
CANADIAN PACIFIC KANSAS CITY
SOLEShares2.48M
TypeSH
Market value$195.17M
1.44%
Sole
2.48M
Shared
0.00
None
0.00
SUNCOR ENERGY INC NEW
SOLEShares2.87M
TypeSH
Market value$190.19M
1.40%
Sole
2.87M
Shared
0.00
None
0.00
FRANCO NEV CORP
SOLEShares759.29K
TypeSH
Market value$188.06M
1.39%
Sole
759.29K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.01M
TypeSH
Market value$174.25M
1.29%
Sole
2.01M
Shared
0.00
None
0.00
TECK RESOURCES LTD
SOLEShares3.25M
TypeSH
Market value$168.19M
1.24%
Sole
3.25M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares889.79K
TypeSH
Market value$155.18M
1.15%
Sole
889.79K
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares2.78M
TypeSH
Market value$150.65M
1.11%
Sole
2.78M
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares3.66M
TypeSH
Market value$148.16M
1.09%
Sole
3.66M
Shared
0.00
None
0.00
OR ROYALTIES INC
SOLEShares3.84M
TypeSH
Market value$146.23M
1.08%
Sole
3.84M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.40M
TypeSH
Market value$136.30M
1.01%
Sole
2.40M
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares2.06M
TypeSH
Market value$129.08M
0.95%
Sole
2.06M
Shared
0.00
None
0.00
CENOVUS ENERGY INC
SOLEShares4.87M
TypeSH
Market value$128.80M
0.95%
Sole
4.87M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares520K
TypeSH
Market value$124.79M
0.92%
Sole
520K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares413.83K
TypeSH
Market value$119.00M
0.88%
Sole
413.83K
Shared
0.00
None
0.00
ROGERS COMMUNICATIONS INC
SOLEShares2.99M
TypeSH
Market value$115.11M
0.85%
Sole
2.99M
Shared
0.00
None
0.00
BARRICK MNG CORP
SOLEShares2.79M
TypeSH
Market value$114.07M
0.84%
Sole
2.79M
Shared
0.00
None
0.00
WHEATON PRECIOUS METALS CORP
SOLEShares805.62K
TypeSH
Market value$105.78M
0.78%
Sole
805.62K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares1.12M
TypeSH
Market value$102.88M
0.76%
Sole
1.12M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | IBOXX HI YD ETF | 22.81M | SH | $1.81B 13.39% | 22.81M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 7.50M | SH | $817.67M 6.04% | 7.50M | 0.00 | 0.00 |
ROYAL BK CDASOLE | COM | 2.65M | SH | $429.23M 3.17% | 2.65M | 0.00 | 0.00 |
TORONTO DOMINION BK ONTSOLE | COM NEW | 3.75M | SH | $350.02M 2.58% | 3.75M | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A SUB VTG SHS | 2.35M | SH | $278.38M 2.06% | 2.35M | 0.00 | 0.00 |
CANADIAN NAT RES LTD MED TERSOLE | COM | 5.38M | SH | $262.55M 1.94% | 5.38M | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 1.15M | SH | $233.27M 1.72% | 1.15M | 0.00 | 0.00 |
CANADIAN PACIFIC KANSAS CITYSOLE | COM | 2.48M | SH | $195.17M 1.44% | 2.48M | 0.00 | 0.00 |
SUNCOR ENERGY INC NEWSOLE | COM | 2.87M | SH | $190.19M 1.40% | 2.87M | 0.00 | 0.00 |
FRANCO NEV CORPSOLE | COM | 759.29K | SH | $188.06M 1.39% | 759.29K | 0.00 | 0.00 |
ISHARES TRSOLE | 20 YR TR BD ETF | 2.01M | SH | $174.25M 1.29% | 2.01M | 0.00 | 0.00 |
TECK RESOURCES LTDSOLE | CL B | 3.25M | SH | $168.19M 1.24% | 3.25M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 889.79K | SH | $155.18M 1.15% | 889.79K | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 2.78M | SH | $150.65M 1.11% | 2.78M | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 3.66M | SH | $148.16M 1.09% | 3.66M | 0.00 | 0.00 |
OR ROYALTIES INCSOLE | COM SHS | 3.84M | SH | $146.23M 1.08% | 3.84M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 2.40M | SH | $136.30M 1.01% | 2.40M | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 2.06M | SH | $129.08M 0.95% | 2.06M | 0.00 | 0.00 |
CENOVUS ENERGY INCSOLE | COM | 4.87M | SH | $128.80M 0.95% | 4.87M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 520K | SH | $124.79M 0.92% | 520K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 413.83K | SH | $119.00M 0.88% | 413.83K | 0.00 | 0.00 |
ROGERS COMMUNICATIONS INCSOLE | CL B | 2.99M | SH | $115.11M 0.85% | 2.99M | 0.00 | 0.00 |
BARRICK MNG CORPSOLE | COM SHS | 2.79M | SH | $114.07M 0.84% | 2.79M | 0.00 | 0.00 |
WHEATON PRECIOUS METALS CORPSOLE | COM | 805.62K | SH | $105.78M 0.78% | 805.62K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 1.12M | SH | $102.88M 0.76% | 1.12M | 0.00 | 0.00 |
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