Investor: Tye Bousada & Geoff MacDonald
Number of Assets: 41
Reporting Period: Q1 - 2025
Holdings at Report: $12,346,032,013
Return Since Report: +$4,821,526,309
Return Since Report: +39.05%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Algonquin Power & Utilities Corp. (AQN) | Equity | +84.94% | 42,223,594 | 1.76% | $5.14 | $5.89 | $216,868,356 | $248,696,969 | +$31,828,613 | +14.68% |
| Ametek Inc. (AME) | Equity | +4.56% | 2,353,339 | 3.29% | $172.14 | $237.42 | $405,103,775 | $558,729,745 | +$153,625,970 | +37.92% |
| Applied Materials Inc. (AMAT) | Equity | +23.12% | 4,818,904 | 5.67% | $145.12 | $617.11 | $699,319,348 | $2,973,793,847 | +$2,274,474,499 | +325.24% |
| Ats Corp. (ATS) | Equity | +41.73% | 5,017,996 | 1.01% | $24.93 | $28.03 | $125,100,268 | $140,654,428 | +$15,554,160 | +12.43% |
| Barrick Gold Corp. (GOLD) | Equity | -39.14% | 6,950,668 | 1.09% | $19.42 | N/A | $134,973,807 | N/A | N/A | N/A |
| Berry Global Group Inc. (BERY) | Equity | -71.13% | 3,355,322 | 1.90% | $69.81 | N/A | $234,235,029 | N/A | N/A | N/A |
| Blend Labs Inc. (BLND) | Equity | +28.17% | 3,318,924 | 0.09% | $3.35 | N/A | $11,118,395 | N/A | N/A | N/A |
| Brookfield Asset Management Ltd. (BAM) | Equity | +9.48% | 159,255 | 0.06% | $48.42 | $47.44 | $7,710,332 | $7,555,057 | -$155,275 | -2.01% |
| Brookfield Corp. (BN) | Equity | -33.47% | 5,431,759 | 2.31% | $52.34 | $44.44 | $284,308,401 | $241,387,370 | -$42,921,031 | -15.10% |
| Cogent Communications Holdings Inc. (CCOI) | Equity | +30.39% | 2,012,297 | 1.00% | $61.31 | $14.19 | $123,373,929 | $28,554,494 | -$94,819,435 | -76.86% |
| Dayforce Inc. (DAY) | Equity | +55.01% | 13,860,521 | 6.56% | $58.33 | $69.86 | $808,484,190 | $968,295,997 | +$159,811,807 | +19.77% |
| Dollar Tree Inc. (DLTR) | Equity | +21.43% | 9,641,507 | 5.87% | $75.07 | $111.65 | $723,787,930 | $1,076,474,257 | +$352,686,327 | +48.73% |
| Elevance Health Inc. (ELV) | Equity | -19.17% | 1,294,560 | 4.57% | $434.96 | $388.50 | $563,081,818 | $502,936,560 | -$60,145,258 | -10.68% |
| Franco-Nevada Corp. (FNV) | Equity | -25.44% | 3,697,962 | 4.72% | $157.30 | $219.26 | $581,702,754 | $810,815,148 | +$229,112,394 | +39.39% |
| Gentex Corp. (GNTX) | Equity | -1.83% | 7,221,460 | 1.37% | $23.30 | $25.95 | $168,260,018 | $187,396,887 | +$19,136,869 | +11.37% |
| Gildan Activewear Inc. (GIL) | Equity | -12.81% | 1,495,165 | 0.54% | $44.22 | $51.89 | $66,111,854 | $77,584,112 | +$11,472,258 | +17.35% |
| Hudbay Minerals Inc. (HBM) | Equity | +50.55% | 7,628,971 | 0.47% | $7.58 | $27.59 | $57,847,856 | $210,483,310 | +$152,635,454 | +263.86% |
| International Flavors & Fragrances Inc. (IFF) | Equity | 0% | 54,295 | 0.03% | $77.61 | $76.72 | $4,213,835 | $4,165,512 | -$48,323 | -1.15% |
| Ivanhoe Electric Inc. (IE) | Equity | +100% | 737,289 | 0.03% | $5.81 | $11.40 | $4,283,649 | $8,405,095 | +$4,121,446 | +96.21% |
| Jones Lang Lasalle Inc. (JLL) | Equity | +11.94% | 1,835,344 | 3.69% | $247.91 | $297.29 | $455,000,131 | $545,629,418 | +$90,629,287 | +19.92% |
| Linc.Oln Electric Holdings Inc. (LECO) | Equity | -20.01% | 2,057,581 | 3.16% | $189.16 | $275.23 | $389,212,022 | $566,308,019 | +$177,095,997 | +45.50% |
| LKQ Corp. (LKQ) | Equity | +12.11% | 4,891,329 | 1.69% | $42.54 | $25.80 | $208,077,136 | $126,196,288 | -$81,880,848 | -39.35% |
| Lyft Inc. (LYFT) | Equity | +100% | 14,222 | 0.00% | $11.87 | $14.28 | $168,815 | $203,090 | +$34,275 | +20.30% |
| Mattel Inc. (MAT) | Equity | -21.69% | 36,158,043 | 5.70% | $19.43 | $14.04 | $702,550,775 | $507,658,924 | -$194,891,851 | -27.74% |
| National Energy Services Reu | Warrant | +100% | 1,000,000 | N/A | $0.35 | N/A | $350,000 | N/A | N/A | N/A |
| Norfolk Southern Corp. (NSC) | Equity | +0.75% | 3,998,335 | 7.68% | $236.85 | $300.08 | $947,005,645 | $1,199,820,367 | +$252,814,722 | +26.70% |
| Osisko Gold Royalties Ltd (OR) | Equity | +6.82% | 24,020,067 | 4.11% | $21.11 | N/A | $507,008,872 | N/A | N/A | N/A |
| PG&E Corp. (PCG) | Equity | +100% | 14,043 | 0.00% | $17.18 | $16.48 | $241,259 | $231,429 | -$9,830 | -4.07% |
| Rambus Inc. (RMBS) | Equity | +100% | 1,169,194 | 0.49% | $51.77 | $141.17 | $60,535,019 | $165,055,117 | +$104,520,098 | +172.66% |
| Rb Global Inc. (RBA) | Equity | -6.98% | 7,599,404 | 6.19% | $100.38 | $110.57 | $762,840,069 | $840,266,100 | +$77,426,031 | +10.15% |
| Restaurant Brands International Inc. (QSR) | Equity | +6.99% | 13,715,604 | 7.42% | $66.67 | $73.44 | $914,462,571 | $1,007,273,958 | +$92,811,387 | +10.15% |
| Revvity Inc. (RVTY) | Equity | +32.10% | 5,360,847 | 4.60% | $105.80 | $100.00 | $567,177,613 | $536,084,700 | -$31,092,913 | -5.48% |
| Ross Stores Inc. (ROST) | Equity | +59.32% | 4,055,088 | 4.20% | $127.79 | $232.80 | $518,199,696 | $944,024,486 | +$425,824,790 | +82.17% |
| Sealed Air Corp. (SEE) | Equity | +100% | 19,654 | 0.00% | $28.90 | $42.15 | $568,001 | $828,416 | +$260,415 | +45.85% |
| Solitario Resources Corp. (XPL) | Equity | 0% | 7,272,727 | 0.04% | $0.60 | $0.81 | $4,363,636 | $5,890,909 | +$1,527,273 | +35.00% |
| Te Connectivity PLC (TEL) | Equity | +5.78% | 4,108,472 | 4.71% | $141.32 | $217.64 | $580,609,263 | $894,167,846 | +$313,558,583 | +54.01% |
| Thermo Fisher Scientific Inc. (TMO) | Equity | +100% | 345,938 | 1.40% | $497.60 | $464.61 | $172,138,749 | $160,726,254 | -$11,412,495 | -6.63% |
| Tucows Inc. (TCX) | Equity | 0% | 2,106,165 | 0.29% | $16.94 | $18.14 | $35,688,036 | $38,205,833 | +$2,517,797 | +7.06% |
| Twist Bioscience Corp. (TWST) | Equity | +100% | 1,113,210 | 0.35% | $39.26 | $87.56 | $43,704,625 | $97,472,668 | +$53,768,043 | +123.03% |
| Warner Bros. Discovery Inc. (WBD) | Equity | +2.55% | 22,085,008 | 1.92% | $10.73 | $26.20 | $236,972,136 | $578,627,210 | +$341,655,074 | +144.18% |
| Echostar Corp. | Bond | +100% | 17,230,099 | N/A | $1.12 | N/A | $19,272,400 | N/A | N/A | N/A |