PICTON MAHONEY ASSET MANAGEMENT

PrivateCIK: 1539041
Location

TORONTO, A6

1207
Positions
$13.55B
Total AUM (reported)
359.95M
Total Shares

Allocation by class

TOTAL AUM$13.55B1207 positions
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 322.6%4–1012.5%11–2514.9%Rest50.0%TOP 1035.1%0%100%
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

SOLE
IBOXX HI YD ETF
Shares22.81M
TypeSH
Market value$1.81B
13.39%
Sole
22.81M
Shared
0.00
None
0.00

ISHARES TR

SOLE
IBOXX INV CP ETF
Shares7.50M
TypeSH
Market value$817.67M
6.04%
Sole
7.50M
Shared
0.00
None
0.00

ROYAL BK CDA

SOLE
COM
Shares2.65M
TypeSH
Market value$429.23M
3.17%
Sole
2.65M
Shared
0.00
None
0.00

TORONTO DOMINION BK ONT

SOLE
COM NEW
Shares3.75M
TypeSH
Market value$350.02M
2.58%
Sole
3.75M
Shared
0.00
None
0.00

SHOPIFY INC

SOLE
CL A SUB VTG SHS
Shares2.35M
TypeSH
Market value$278.38M
2.06%
Sole
2.35M
Shared
0.00
None
0.00

CANADIAN NAT RES LTD MED TER

SOLE
COM
Shares5.38M
TypeSH
Market value$262.55M
1.94%
Sole
5.38M
Shared
0.00
None
0.00

AGNICO EAGLE MINES LTD

SOLE
COM
Shares1.15M
TypeSH
Market value$233.27M
1.72%
Sole
1.15M
Shared
0.00
None
0.00

CANADIAN PACIFIC KANSAS CITY

SOLE
COM
Shares2.48M
TypeSH
Market value$195.17M
1.44%
Sole
2.48M
Shared
0.00
None
0.00

SUNCOR ENERGY INC NEW

SOLE
COM
Shares2.87M
TypeSH
Market value$190.19M
1.40%
Sole
2.87M
Shared
0.00
None
0.00

FRANCO NEV CORP

SOLE
COM
Shares759.29K
TypeSH
Market value$188.06M
1.39%
Sole
759.29K
Shared
0.00
None
0.00

ISHARES TR

SOLE
20 YR TR BD ETF
Shares2.01M
TypeSH
Market value$174.25M
1.29%
Sole
2.01M
Shared
0.00
None
0.00

TECK RESOURCES LTD

SOLE
CL B
Shares3.25M
TypeSH
Market value$168.19M
1.24%
Sole
3.25M
Shared
0.00
None
0.00

NVIDIA CORPORATION

SOLE
COM
Shares889.79K
TypeSH
Market value$155.18M
1.15%
Sole
889.79K
Shared
0.00
None
0.00

ENBRIDGE INC

SOLE
COM
Shares2.78M
TypeSH
Market value$150.65M
1.11%
Sole
2.78M
Shared
0.00
None
0.00

BROOKFIELD CORP

SOLE
CL A LTD VT SH
Shares3.66M
TypeSH
Market value$148.16M
1.09%
Sole
3.66M
Shared
0.00
None
0.00

OR ROYALTIES INC

SOLE
COM SHS
Shares3.84M
TypeSH
Market value$146.23M
1.08%
Sole
3.84M
Shared
0.00
None
0.00

ISHARES TR

SOLE
MSCI EMG MKT ETF
Shares2.40M
TypeSH
Market value$136.30M
1.01%
Sole
2.40M
Shared
0.00
None
0.00

TC ENERGY CORP

SOLE
COM
Shares2.06M
TypeSH
Market value$129.08M
0.95%
Sole
2.06M
Shared
0.00
None
0.00

CENOVUS ENERGY INC

SOLE
COM
Shares4.87M
TypeSH
Market value$128.80M
0.95%
Sole
4.87M
Shared
0.00
None
0.00

ISHARES TR

SOLE
MSCI USA MMENTM
Shares520K
TypeSH
Market value$124.79M
0.92%
Sole
520K
Shared
0.00
None
0.00

ALPHABET INC

SOLE
CAP STK CL A
Shares413.83K
TypeSH
Market value$119.00M
0.88%
Sole
413.83K
Shared
0.00
None
0.00

ROGERS COMMUNICATIONS INC

SOLE
CL B
Shares2.99M
TypeSH
Market value$115.11M
0.85%
Sole
2.99M
Shared
0.00
None
0.00

BARRICK MNG CORP

SOLE
COM SHS
Shares2.79M
TypeSH
Market value$114.07M
0.84%
Sole
2.79M
Shared
0.00
None
0.00

WHEATON PRECIOUS METALS CORP

SOLE
COM
Shares805.62K
TypeSH
Market value$105.78M
0.78%
Sole
805.62K
Shared
0.00
None
0.00

VANECK ETF TRUST

SOLE
GOLD MINERS ETF
Shares1.12M
TypeSH
Market value$102.88M
0.76%
Sole
1.12M
Shared
0.00
None
0.00
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