Waratah Capital Advisors Ltd.
13F Reported Value
ⓘ$2.6B
incl. option notional
Equity Holdings
ⓘ$1.1B
Option Notional
ⓘ$1.5B
$926.2M puts / $582.3M calls
Holdings
127
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
Waratah Capital Advisors Ltd. disclosed 127 positions worth $2.6B in its Form 13F-HR for Q1 2026 — $1.1B in common stock plus $1.5B of put/call option positions (reported at underlying notional value, not premium at risk), followed by $SPY. During the quarter the fund opened 50 new positions and exited 78 — including a new stake in $SPY and a full exit from $SLV. The portfolio is most concentrated in Materials (30.0% of disclosed assets). All figures are sourced directly from Waratah Capital Advisors Ltd.’s Form 13F-HR filing with the SEC under CIK 1539919.
AI Fund Analysis
ConcentratingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
ISHARES TR CALL
—Quality
$348.2M4,016,100 sh- —
Quality
$265.2M407,800 sh ISHARES TR PUT
—Quality
$249.0M3,130,000 sh- $172.1M298,100 sh
ISHARES TR PUT
—Quality
$117.7M1,080,000 sh- —
Quality
$85.6M199,000 sh - —
Quality
$85.1M1,189,482 sh ISHARES TR CALL
—Quality
$81.8M330,000 sh- —
Quality
$61.2M1,377,338 sh - —
Quality
$43.0M100,000 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| ISHARES TR CALL | — | $348.2M | 4,016,100 |
 SPDR S&P 500 ETF TRUST$SPYPUT | — | $265.2M | 407,800 |
| ISHARES TR PUT | — | $249.0M | 3,130,000 |
 INVESCO QQQ TRUST, SERIES 1$QQQPUT | — | $172.1M | 298,100 |
| ISHARES TR PUT | — | $117.7M | 1,080,000 |
 SPDR GOLD TRUST$GLDPUT | — | $85.6M | 199,000 |
 DESCARTES SYSTEMS GROUP INC$DSGX | — | $85.1M | 1,189,482 |
| ISHARES TR CALL | — | $81.8M | 330,000 |
 ALAMOS GOLD INC$AGI | — | $61.2M | 1,377,338 |
| SPDR GOLD TRUST$GLDCALL | — | $43.0M | 100,000 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Waratah Capital Advisors Ltd.'s 127 positions.
Showing top 10 of 127 holdings.
Sector Allocation
Materials
$334.8M
Industrials
$218.1M
Technology
$208.4M
Energy
$113.8M
Financials
$72.3M
Consumer Discretionary
$70.9M
Utilities
$42.6M
Real Estate
$40.9M
Full Holdings — Waratah Capital Advisors Ltd. (Q1 2026)
All 127 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | ISHARES TR | $348.2M | — | +7176% | — |
| 2 | $SPYPUT | SPDR S&P 500 ETF TRUST | $265.2M | — | NEW | — |
| 3 | — | ISHARES TR | $249.0M | — | +62% | — |
| 4 | $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $172.1M | — | -35% | — |
| 5 | — | ISHARES TR | $117.7M | — | -44% | — |
| 6 | $GLDPUT | SPDR GOLD TRUST | $85.6M | — | -84% | — |
| 7 | $DSGX | DESCARTES SYSTEMS GROUP INC | $85.1M | 7.6% | +969% | — |
| 8 | — | ISHARES TR | $81.8M | — | +498% | — |
| 9 | $AGI | ALAMOS GOLD INC | $61.2M | 5.5% | +47% | — |
| 10 | $GLDCALL | SPDR GOLD TRUST | $43.0M | — | -78% | — |
| 11 |  $KGC | KINROSS GOLD CORP | $39.7M | 3.6% | -38% | — |
| 12 |  $CGAU | Centerra Gold Inc. | $39.2M | 3.5% | -40% | — |
| 13 |  $IAG | IAMGOLD CORP | $36.5M | 3.3% | -25% | — |
| 14 |  $SKE | Skeena Resources Ltd | $33.5M | 3.0% | -26% | — |
| 15 |  $SU | SUNCOR ENERGY INC | $33.3M | 3.0% | NEW | — |
| 16 |  $SPXC | SPX Technologies, Inc. | $31.1M | 2.8% | +337% | 66 |
| 17 |  $WELL | WELLTOWER INC. | $30.2M | 2.7% | +97% | 75.7 |
| 18 |  $BGSI | Boyd Group Services Inc. | $29.7M | 2.7% | -21% | — |
| 19 |  $CVE | CENOVUS ENERGY INC. | $28.4M | 2.5% | NEW | — |
| 20 |  $CNI | CANADIAN NATIONAL RAILWAY CO | $27.7M | 2.5% | +46% | — |
| 21 |  $CR | Crane Co | $27.6M | 2.5% | +8% | 64.8 |
| 22 |  $NVT | nVent Electric plc | $25.8M | 2.3% | +6503% | — |
| 23 |  $MLM | MARTIN MARIETTA MATERIALS INC | $25.7M | 2.3% | +96% | 67.6 |
| 24 |  $AEM | AGNICO EAGLE MINES LTD | $24.6M | 2.2% | -27% | — |
| 25 |  $CAE | CAE INC | $23.2M | 2.1% | +184% | — |
| 26 |  $SN | SharkNinja, Inc. | $22.7M | 2.0% | +37% | — |
| 27 |  $LULUCALL | lululemon athletica inc. | $20.7M | — | NEW | 62.9 |
| 28 |  $TDY | TELEDYNE TECHNOLOGIES INC | $20.3M | 1.8% | +64% | 70.2 |
| 29 |  $TD | TORONTO DOMINION BANK | $19.8M | 1.8% | -29% | — |
| 30 |  $LNG | Cheniere Energy, Inc. | $19.7M | 1.8% | NEW | 48.4 |
| 31 |  $NXE | NexGen Energy Ltd. | $19.6M | 1.8% | +10% | — |
| 32 |  $EAPUT | ELECTRONIC ARTS INC. | $18.3M | — | NEW | 71.1 |
| 33 |  $SII | SPROTT INC. | $18.3M | 1.6% | -15% | — |
| 34 |  $NI | NISOURCE INC. | $17.6M | 1.6% | NEW | 61.7 |
| 35 |  $AME | AMETEK INC/ | $16.5M | 1.5% | +65% | 74.2 |
| 36 |  $BEPC | Brookfield Renewable Corp | $15.9M | 1.4% | NEW | — |
| 37 | $LULU | lululemon athletica inc. | $14.9M | 1.3% | +56% | 62.9 |
| 38 |  $FIX | COMFORT SYSTEMS USA INC | $14.8M | 1.3% | -64% | 79.5 |
| 39 |  $FNV | FRANCO NEVADA Corp | $13.8M | 1.2% | +0% | — |
| 40 |  $DOO | BRP Inc. | $13.7M | 1.2% | -43% | — |
| 41 |  $RY | ROYAL BANK OF CANADA | $13.5M | 1.2% | -25% | — |
| 42 |  $SXT | SENSIENT TECHNOLOGIES CORP | $13.0M | 1.2% | +3% | 57.3 |
| 43 |  $IBITCALL | iShares Bitcoin Trust ETF | $11.5M | — | +253% | — |
| 44 | — | ISHARES TR | $10.8M | — | +443% | — |
| 45 |  $MOD | MODINE MANUFACTURING CO | $10.7M | 1.0% | NEW | 48.8 |
| 46 |  $AMAT | APPLIED MATERIALS INC /DE | $10.5M | 0.9% | NEW | 74.8 |
| 47 | — | SELECT SECTOR SPDR TR | $10.4M | — | NEW | — |
| 48 |  $RRX | REGAL REXNORD CORP | $10.3M | 0.9% | +2050% | 53.8 |
| 49 |  $AS | Amer Sports, Inc. | $10.3M | 0.9% | NEW | 71 |
| 50 |  $PWR | QUANTA SERVICES, INC. | $10.1M | 0.9% | -26% | 62.6 |
| 51 |  $COP | CONOCOPHILLIPS | $9.9M | 0.9% | NEW | 74.8 |
| 52 |  $ETR | ENTERGY CORP /DE/ | $9.1M | 0.8% | NEW | 65.1 |
| 53 |  $CW | CURTISS WRIGHT CORP | $9.1M | 0.8% | -66% | 70.7 |
| 54 |  $EQT | EQT Corp | $8.3M | 0.7% | NEW | 83.3 |
| 55 | — | ISHARES TR | $8.0M | — | +81% | — |
| 56 |  $WRN | Western Copper & Gold Corp | $7.9M | 0.7% | NEW | — |
| 57 |  $CPCALL | CANADIAN PACIFIC KANSAS CITY LTD/CN | $7.9M | — | NEW | — |
| 58 |  $NVDAPUT | NVIDIA CORP | $7.8M | — | NEW | 90.2 |
| 59 | $FNVCALL | FRANCO NEVADA Corp | $7.4M | — | NEW | — |
| 60 |  $MTN | VAIL RESORTS INC | $7.3M | 0.7% | -64% | 65 |
| 61 |  $BC | BRUNSWICK CORP | $7.1M | 0.6% | NEW | 39.4 |
| 62 |  $AAPL | Apple Inc. | $7.0M | 0.6% | NEW | 76.1 |
| 63 |  $GIL | Gildan Activewear Inc. | $6.9M | 0.6% | -68% | — |
| 64 | $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | $6.9M | 0.6% | -68% | — |
| 65 |  $KKRCALL | KKR & Co. Inc. | $6.7M | — | NEW | 49.8 |
| 66 |  $GLW | CORNING INC /NY | $6.6M | 0.6% | +132% | 72.7 |
| 67 |  $ATS | ATS Corp /ATS | $6.3M | 0.6% | NEW | — |
| 68 |  $PLD | Prologis, Inc. | $6.2M | 0.6% | +254% | 67.5 |
| 69 |  $OVV | Ovintiv Inc. | $5.9M | 0.5% | NEW | 46.5 |
| 70 | $KGCCALL | KINROSS GOLD CORP | $5.8M | — | NEW | — |
| 71 |  $STN | STANTEC INC | $5.6M | 0.5% | +0% | — |
| 72 |  $ALB | ALBEMARLE CORP | $5.6M | 0.5% | -16% | 50.2 |
| 73 |  $XPO | XPO, Inc. | $5.5M | 0.5% | +1053% | 55.3 |
| 74 |  $SLB | SLB LIMITED/NV | $5.1M | 0.5% | NEW | 63.2 |
| 75 | $AEMCALL | AGNICO EAGLE MINES LTD | $5.1M | — | NEW | — |
| 76 |  $EVR | Evercore Inc. | $4.9M | 0.4% | -39% | 76.1 |
| 77 |  $CMGCALL | CHIPOTLE MEXICAN GRILL INC | $4.8M | — | NEW | 72.9 |
| 78 |  $GD | GENERAL DYNAMICS CORP | $4.7M | 0.4% | -10% | 73 |
| 79 |  $FSV | FirstService Corp | $4.5M | 0.4% | +3% | — |
| 80 |  $TACCALL | TRANSALTA CORP | $4.5M | — | NEW | — |
| 81 |  $UALCALL | United Airlines Holdings, Inc. | $4.1M | — | NEW | 61.3 |
| 82 |  $BNO | United States Brent Oil Fund, LP | $4.1M | 0.4% | NEW | — |
| 83 |  $LGN | Legence Corp. | $3.9M | 0.3% | -20% | — |
| 84 |  $EME | EMCOR Group, Inc. | $3.9M | 0.3% | NEW | 71.7 |
| 85 |  $SGML | Sigma Lithium Corp | $3.3M | 0.3% | -9% | — |
| 86 |  $ATLX | Atlas Lithium Corp | $3.3M | 0.3% | +0% | — |
| 87 | $SPYCALL | SPDR S&P 500 ETF TRUST | $3.3M | — | NEW | — |
| 88 |  $META | Meta Platforms, Inc. | $3.2M | 0.3% | NEW | 80.9 |
| 89 |  $PR | Permian Resources Corp | $3.2M | 0.3% | NEW | 75.6 |
| 90 |  $TXN | TEXAS INSTRUMENTS INC | $3.2M | 0.3% | NEW | 70.4 |
| 91 |  $TER | TERADYNE, INC | $3.1M | 0.3% | +230% | 74.6 |
| 92 |  $ROPCALL | ROPER TECHNOLOGIES INC | $3.0M | — | -92% | 72.2 |
| 93 |  $VICR | VICOR CORP | $2.8M | 0.3% | -40% | 63.6 |
| 94 |  $TRICALL | THOMSON REUTERS CORP /CAN/ | $2.7M | — | NEW | — |
| 95 |  $CEPT | Cantor Equity Partners II, Inc. | $2.7M | 0.2% | -20% | — |
| 96 |  $GEV | GE Vernova Inc. | $2.7M | 0.2% | NEW | 70.1 |
| 97 | — | ISHARES TR | $2.6M | 0.2% | NEW | — |
| 98 |  $TGT | TARGET CORP | $2.4M | 0.2% | +18% | 53.1 |
| 99 |  $ASML | ASML HOLDING NV | $1.8M | 0.2% | NEW | — |
| 100 |  $LION | Lionsgate Studios Corp. | $1.7M | 0.1% | NEW | 46.5 |
| 101 |  $GFUZ | General Fusion Group Ltd. | $1.7M | 0.1% | NEW | — |
| 102 | $CVECALL | CENOVUS ENERGY INC. | $1.6M | — | NEW | — |
| 103 |  $TVA | Texas Ventures Acquisition III Corp | $1.6M | 0.1% | -50% | — |
| 104 |  $IEX | IDEX CORP /DE/ | $1.4M | 0.1% | -71% | 60.6 |
| 105 |  $CAT | CATERPILLAR INC | $1.4M | 0.1% | -93% | 67.8 |
| 106 |  $ESE | ESCO TECHNOLOGIES INC | $1.2M | 0.1% | NEW | 63 |
| 107 |  $USAS | Americas Gold & Silver Corp | $1.2M | 0.1% | -74% | — |
| 108 | — | SPDR SERIES TRUST | $1.2M | 0.1% | NEW | — |
| 109 |  $ADI | ANALOG DEVICES INC | $1.1M | 0.1% | +22% | 76.2 |
| 110 |  $VHCP | Vine Hill Capital Investment Corp. II | $1.0M | 0.1% | +0% | — |
| 111 | $CGAUCALL | Centerra Gold Inc. | $889,500 | — | NEW | — |
| 112 | — | CANTOR EQUITY PARTNERS VI IN | $873,499 | 0.1% | NEW | — |
| 113 |  $AEXA | American Exceptionalism Acquisition Corp. A | $867,071 | 0.1% | -50% | — |
| 114 |  $BEAG | Bold Eagle Acquisition Corp. | $741,710 | 0.1% | -50% | — |
| 115 |  $HCMA | HCM III ACQUISITION CORP. | $736,586 | 0.1% | -50% | — |
| 116 |  $DAAQ | Digital Asset Acquisition Corp. | $731,556 | 0.1% | -50% | — |
| 117 |  $CEPF | Cantor Equity Partners IV, Inc. | $730,837 | 0.1% | -50% | — |
| 118 |  $PSLV | Sprott Physical Silver Trust | $677,481 | 0.1% | +0% | — |
| 119 | $NXECALL | NexGen Energy Ltd. | $580,000 | — | -29% | — |
| 120 |  $FND | Floor & Decor Holdings, Inc. | $485,902 | 0.0% | -97% | 53.4 |
| 121 |  $WCC | WESCO INTERNATIONAL INC | $449,284 | 0.0% | -98% | 55.4 |
| 122 |  $SPOT | Spotify Technology S.A. | $422,357 | 0.0% | NEW | — |
| 123 |  $IDXX | IDEXX LABORATORIES INC /DE | $403,437 | 0.0% | -31% | 73.6 |
| 124 |  $SHW | SHERWIN WILLIAMS CO | $309,331 | 0.0% | -10% | 65.3 |
| 125 | — | ALDABRA 4 LQDTY OPP VEH INC | $249,000 | 0.0% | NEW | — |
| 126 |  $JPM | JPMORGAN CHASE & CO | $242,094 | 0.0% | -23% | 35.6 |
| 127 |  $NVTS | Navitas Semiconductor Corp | $194,571 | 0.0% | NEW | 10.5 |
New Positions (50)
$SPYPUT SPDR S&P 500 ETF TRUST$265.2M$SU SUNCOR ENERGY INC$33.3M$CVE CENOVUS ENERGY INC.$28.4M$LULUCALL lululemon athletica inc.$20.7M$LNG Cheniere Energy, Inc.$19.7M$EAPUT ELECTRONIC ARTS INC.$18.3M$NI NISOURCE INC.$17.6M$BEPC Brookfield Renewable Corp$15.9M$MOD MODINE MANUFACTURING CO$10.7M$AMAT APPLIED MATERIALS INC /DE$10.5M$AS Amer Sports, Inc.$10.3M$COP CONOCOPHILLIPS$9.9M$ETR ENTERGY CORP /DE/$9.1M$EQT EQT Corp$8.3MExited Positions (78)
$SLVPUT iShares Silver Trust
$B BARRICK MINING CORP
$EXK ENDEAVOUR SILVER CORP
$VZLA Vizsla Silver Corp.$RYCALL ROYAL BANK OF CANADA
$AMZN AMAZON COM INC
$DHR DANAHER CORP /DE/
$IVZCALL Invesco Ltd.$ROP ROPER TECHNOLOGIES INC$BCALL BARRICK MINING CORP
$EXE EXPAND ENERGY Corp
$APH AMPHENOL CORP /DE/
$USOPUT United States Oil Fund, LP
$AR ANTERO RESOURCES CorpBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for Waratah Capital Advisors Ltd. including:
Track Waratah Capital Advisors Ltd.'s Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for Waratah Capital Advisors Ltd. and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: Waratah Capital Advisors Ltd.
13F Pro is an AI hedge fund tracker and stock research platform. For Waratah Capital Advisors Ltd. (SEC CIK: 1539919), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Waratah Capital Advisors Ltd.'s portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.