Filed: 5/13/2025ACC: 0001539919-25-000002
📋 What this filing means
WARATAH CAPITAL ADVISORS LTD. filed this quarterly 13F‑HR report disclosing 154 equity positions with a total reported market value of $3.72B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
154
Positions
$3.72B
Total AUM (reported)
62.96M
Total Shares
Allocation by class
COM$1.27B34.2%
GOLD SHS$491.62M13.2%
20 YR TR BD ETF$320.78M8.6%
IBOXX HI YD ETF$304.15M8.2%
ISHARES$275.70M7.4%
TR UNIT$249.26M6.7%
GOLD MINERS ETF$114.92M3.1%
Portfolio Concentration
Top 3$1.12B30.0%
4–10$952.55M25.6%
11–25$581.91M15.6%
Rest$1.07B28.7%
Top 3 weight
30.0%
Top 10 weight
55.6%
Voting Authority Distribution
Total shares with voting rights: 62.96M
Sole
Full voting authority
62.96M
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)
Sole154
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings154
Rows:
SPDR GOLD TR
SOLEShares1.71M
TypeSH
Market value$491.62M
13.22%
Sole
1.71M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.52M
TypeSH
Market value$320.78M
8.62%
Sole
3.52M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.86M
TypeSH
Market value$304.15M
8.18%
Sole
3.86M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares8.90M
TypeSH
Market value$275.70M
7.41%
Sole
8.90M
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares445.60K
TypeSH
Market value$249.26M
6.70%
Sole
445.60K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares2.50M
TypeSH
Market value$114.92M
3.09%
Sole
2.50M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares189.20K
TypeSH
Market value$88.72M
2.38%
Sole
189.20K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares388.42K
TypeSH
Market value$77.49M
2.08%
Sole
388.42K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares800K
TypeSH
Market value$77.16M
2.07%
Sole
800K
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
SOLEShares400K
TypeSH
Market value$69.29M
1.86%
Sole
400K
Shared
0.00
None
0.00
MCCORMICK & CO INC
SOLEShares643.77K
TypeSH
Market value$52.99M
1.42%
Sole
643.77K
Shared
0.00
None
0.00
IDEXX LABS INC
SOLEShares125.79K
TypeSH
Market value$52.83M
1.42%
Sole
125.79K
Shared
0.00
None
0.00
CANADIAN NAT RES LTD
SOLEShares1.64M
TypeSH
Market value$50.38M
1.35%
Sole
1.64M
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares430.21K
TypeSH
Market value$46.64M
1.25%
Sole
430.21K
Shared
0.00
None
0.00
KINROSS GOLD CORP
SOLEShares3.43M
TypeSH
Market value$43.26M
1.16%
Sole
3.43M
Shared
0.00
None
0.00
HUDBAY MINERALS INC
SOLEShares4.85M
TypeSH
Market value$36.77M
0.99%
Sole
4.85M
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares176.94K
TypeSH
Market value$36.27M
0.98%
Sole
176.94K
Shared
0.00
None
0.00
TELEDYNE TECHNOLOGIES INC
SOLEShares71.87K
TypeSH
Market value$35.77M
0.96%
Sole
71.87K
Shared
0.00
None
0.00
CARRIER GLOBAL CORPORATION
SOLEShares563.34K
TypeSH
Market value$35.72M
0.96%
Sole
563.34K
Shared
0.00
None
0.00
THOMSON REUTERS CORP
SOLEShares200.97K
TypeSH
Market value$34.72M
0.93%
Sole
200.97K
Shared
0.00
None
0.00
CENTERRA GOLD INC
SOLEShares5.14M
TypeSH
Market value$32.65M
0.88%
Sole
5.14M
Shared
0.00
None
0.00
STANTEC INC
SOLEShares385.42K
TypeSH
Market value$31.93M
0.86%
Sole
385.42K
Shared
0.00
None
0.00
MANULIFE FINL CORP
SOLEShares1.01M
TypeSH
Market value$31.40M
0.84%
Sole
1.01M
Shared
0.00
None
0.00
GRAPHIC PACKAGING HLDG CO
SOLEShares1.21M
TypeSH
Market value$31.39M
0.84%
Sole
1.21M
Shared
0.00
None
0.00
CHIPOTLE MEXICAN GRILL INC
SOLEShares581.43K
TypeSH
Market value$29.19M
0.78%
Sole
581.43K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR GOLD TRSOLE | GOLD SHS | 1.71M | SH | $491.62M 13.22% | 1.71M | 0.00 | 0.00 |
ISHARES TRSOLE | 20 YR TR BD ETF | 3.52M | SH | $320.78M 8.62% | 3.52M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 3.86M | SH | $304.15M 8.18% | 3.86M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 8.90M | SH | $275.70M 7.41% | 8.90M | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 445.60K | SH | $249.26M 6.70% | 445.60K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 2.50M | SH | $114.92M 3.09% | 2.50M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 189.20K | SH | $88.72M 2.38% | 189.20K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 388.42K | SH | $77.49M 2.08% | 388.42K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | COMMUNICATION | 800K | SH | $77.16M 2.07% | 800K | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 400K | SH | $69.29M 1.86% | 400K | 0.00 | 0.00 |
MCCORMICK & CO INCSOLE | COM NON VTG | 643.77K | SH | $52.99M 1.42% | 643.77K | 0.00 | 0.00 |
IDEXX LABS INCSOLE | COM | 125.79K | SH | $52.83M 1.42% | 125.79K | 0.00 | 0.00 |
CANADIAN NAT RES LTDSOLE | COM | 1.64M | SH | $50.38M 1.35% | 1.64M | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 430.21K | SH | $46.64M 1.25% | 430.21K | 0.00 | 0.00 |
KINROSS GOLD CORPSOLE | COM | 3.43M | SH | $43.26M 1.16% | 3.43M | 0.00 | 0.00 |
HUDBAY MINERALS INCSOLE | COM | 4.85M | SH | $36.77M 0.99% | 4.85M | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 176.94K | SH | $36.27M 0.98% | 176.94K | 0.00 | 0.00 |
TELEDYNE TECHNOLOGIES INCSOLE | COM | 71.87K | SH | $35.77M 0.96% | 71.87K | 0.00 | 0.00 |
CARRIER GLOBAL CORPORATIONSOLE | COM | 563.34K | SH | $35.72M 0.96% | 563.34K | 0.00 | 0.00 |
THOMSON REUTERS CORPSOLE | COM | 200.97K | SH | $34.72M 0.93% | 200.97K | 0.00 | 0.00 |
CENTERRA GOLD INCSOLE | COM | 5.14M | SH | $32.65M 0.88% | 5.14M | 0.00 | 0.00 |
STANTEC INCSOLE | COM | 385.42K | SH | $31.93M 0.86% | 385.42K | 0.00 | 0.00 |
MANULIFE FINL CORPSOLE | COM | 1.01M | SH | $31.40M 0.84% | 1.01M | 0.00 | 0.00 |
GRAPHIC PACKAGING HLDG COSOLE | COM | 1.21M | SH | $31.39M 0.84% | 1.21M | 0.00 | 0.00 |
CHIPOTLE MEXICAN GRILL INCSOLE | COM | 581.43K | SH | $29.19M 0.78% | 581.43K | 0.00 | 0.00 |
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