1832 Asset Management L.P.

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$78.9B

Total Positions

674

New This Quarter

112

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

TD2.32%

RY2.19%

MSFT2.08%

BN1.59%

CNI1.41%

AMZN1.37%

GOOGL1.32%

ENB1.11%

BNS1.05%

BMO1.03%

Other11.42%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

APP8Q held

AppLovin Corp

Avg $91.26 · $199.8M est. P&L

Est. P&L

+660.17%

KGC29Q held

KINROSS GOLD CORP

Avg $8.42 · $141.1M est. P&L

Est. P&L

+239.60%

NXE29Q held

NEXGEN ENERGY LTD

Avg $2.99 · $12.8M est. P&L

Est. P&L

+205.52%

Top Losers

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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 674 — sorted by value)

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Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
TD TORONTO DOMINION BK ONT	32.3M	$3B	2.3%	—	$58.02	+63.23%	29 qtrs	Increased 75
RY ROYAL BK CDA	16.9M	$2.9B	2.2%	—	$68.83	+149.29%	29 qtrs	Increased 59
MSFT Microsoft Corp	5.6M	$2.7B	2.1%	—	$259.43	+87.90%	29 qtrs	Increased 66
BN BROOKFIELD CORP	45.5M	$2.1B	1.6%	—	$37.41	+23.75%	13 qtrs	Increased 81
CNI CANADIAN NATL RY CO	18.7M	$1.9B	1.4%	—	$89.94	+10.42%	29 qtrs	Increased 81
AMZN Amazon.com Inc	7.8M	$1.8B	1.4%	—	$149.31	+55.74%	29 qtrs	Increased 63
GOOGL Alphabet Inc	5.6M	$1.7B	1.3%	—	$213.24	+47.18%	29 qtrs	Increased 58
ENB ENBRIDGE INC C	30.6M	$1.5B	1.1%	—	$27.24	+76.37%	29 qtrs	Increased 52
BNS BANK NOVA SCOTIA HALIFAX	18.8M	$1.4B	1.1%	—	$41.36	+78.86%	29 qtrs	Increased 53
BMO BANK MONTREAL QUE	10.4M	$1.4B	1.0%	—	$99.91	+30.62%	29 qtrs	Increased 73
TRP TC ENERGY CORP	24.5M	$1.3B	1.0%	—	$44.58	+25.89%	27 qtrs	Increased 76
NVDA NVIDIA Corp	7.1M	$1.3B	1.0%	—	$132.82	+41.20%	29 qtrs	Decreased 0
SHOP Shopify Inc	7.8M	$1.3B	1.0%	—	$133.61	+22.55%	29 qtrs	Increased 73
AAPL Apple Inc	4.4M	$1.2B	0.9%	—	$214.23	+27.35%	29 qtrs	Decreased 0
CNQ CANADIAN NAT RES LTD	31.5M	$1.1B	0.8%	—	$23.59	+43.78%	29 qtrs	Increased 46
CP CANADIAN PACIFIC KANSAS CITY	14.3M	$1.1B	0.8%	—	$78.05	-4.82%	11 qtrs	Increased 45
MFC MANULIFE FINL CORP	28.6M	$1B	0.8%	—	$23.99	+52.27%	29 qtrs	Increased 51
WCN WASTE CONNECTIONS INC	5.7M	$991.1M	0.8%	—	$123.47	+44.28%	29 qtrs	Increased 57
V Visa Inc	2.7M	$953.4M	0.7%	—	$171.82	+105.38%	29 qtrs	Decreased 0
TSM TAIWAN SEMICONDUCTOR MFG LTD	2.8M	$856.3M	0.7%	—	$211.77	+41.46%	29 qtrs	Increased 48
TJX TJX Cos Inc/The	5.4M	$825.6M	0.6%	—	$91.58	+69.14%	29 qtrs	Increased 52
GOOG Alphabet Inc	2.5M	$793.7M	0.6%	—	$187.49	+67.76%	29 qtrs	Increased 64
SU SUNCOR ENERGY INC NEW	17.8M	$789.2M	0.6%	—	$22.27	+99.85%	29 qtrs	Decreased 0
OTEX OPEN TEXT CORP	23.6M	$768.7M	0.6%	—	$33.31	-0.93%	29 qtrs	Increased 72
TMO Thermo Fisher Scientific Inc	1.2M	$721.1M	0.5%	—	$460.55	+26.68%	29 qtrs	Increased 45
Showing 25 of 674 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

ASHAshland Inc

Q1 2024 → Q4 2025+785,780 shares+$29.9M

MKCMcCormick & Co Inc/MD

Q3 2024 → Q4 2025+147,864 shares+$9.6M

ICLRICON PLC

Q3 2024 → Q4 2025+1.2M shares+$218.1M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer