Caldwell Investment Management Ltd.
Sector Allocation
- Financials76.3%$116.1M
- Industrials9.1%$13.8M
- Technology7.5%$11.5M
- Consumer Discretionary2.0%$3.1M
- Utilities1.3%$2.0M
- Materials1.2%$1.9M
- Energy1.2%$1.9M
- Other0.7%$1.1M
- Real Estate0.6%$912,024
AUM History
13fpro.ai/research/fund/caldwell-investment-management-ltd-1904373
Conviction and streaks
Concentrating · top 10 = 84.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
CBOE
$26.7MMIAX
$22.3MBAC
$21.1MKKR
$18.3MICE
$12.3MEFXT
$10.1MMFC
$9.9MELVA
$4.2MAMZN
$2.2MCVE
$1.9MATS
$1.7MV
$1.7MAMAT
$1.6MVRT
$1.5MJPM
$1.3MAAMI
$1.3MIBKR
$1.2MBEPC
$1.2MRBA
$1.2M- SPDR$1.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/caldwell-investment-management-ltd-1904373
Caldwell Investment Management Ltd. 13F holdings — Q2 2026
$152.3M portfolio (-40.3% QoQ) · 33 holdings · Q2 2026 13F · top 10 are 85% of the stock portfolio
$26.7M
17.5% of stocks
-7%This quarter+18.6%Since filed10+ qtrsHeld$22.3M
14.6% of stocks
-10%This quarter-21.6%Since filed4 qtrsHeldAIQuality65.8#455Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$21.1M
13.8% of stocks
+6%This quarter-21.1%Since filed2 qtrsHeld$18.3M
12.1% of stocks
No changeThis quarter-17.4%Since filed3 qtrsHeld$12.3M
8.1% of stocks
No changeThis quarter+5.8%Since filed10+ qtrsHeld$10.1M
6.6% of stocks
No changeThis quarter+12.5%Since filed3 qtrsHeld$9.9M
6.5% of stocks
NewThis quarter+1.9%Since filedNew this quarterHeld$4.2M
2.7% of stocks
No changeThis quarter-30.0%Since filed4 qtrsHeld$2.2M
1.4% of stocks
No changeThis quarter-8.5%Since filed10+ qtrsHeld$1.9M
1.2% of stocks
-74%This quarter+11.2%Since filed4 qtrsHeld
All holdings — Caldwell Investment Management Ltd. (Q2 2026)
33 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | ATS Corp /ATS | Industrials | $1.7M | 1.1% | 61K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | VISA INC. | Financials | $1.7M | 1.1% | 5,100 | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | APPLIED MATERIALS INC /DE | Technology | $1.6M | 1.0% | 2,200 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Vertiv Holdings Co | Technology | $1.5M | 1.0% | 4,400 | +22% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | JPMORGAN CHASE & CO | Financials | $1.3M | 0.9% | 4,100 | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Acadian Asset Management Inc. | Financials | $1.3M | 0.8% | 18K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Interactive Brokers Group, Inc. | Financials | $1.2M | 0.8% | 14K | — | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Brookfield Renewable Corp | Utilities | $1.2M | 0.8% | 31K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | RB GLOBAL INC. | Industrials | $1.2M | 0.8% | 9,900 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | — | SPDR SERIES TST ST SP REGBNK - COMetf/fund | — | $1.1M | 0.7% | 14K | New | — | — | 13F |
| 21 | Ryman Hospitality Properties, Inc. | Real Estate | $912K | 0.6% | 7,100 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | LINDE PLC | Materials | $882K | 0.6% | 1,700 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | NVIDIA CORP | Technology | $880K | 0.6% | 4,400 | — | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | APPLIED INDUSTRIAL TECHNOLOGIES INC | Consumer Discretionary | $879K | 0.6% | 2,600 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | JACOBS SOLUTIONS INC. | Industrials | $869K | 0.6% | 6,900 | -37% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $WCN | Waste Connections, Inc. | Utilities | $849K | 0.6% | 5,100 | — | |||
| 27 | $GIB | CGI INC | Technology | $833K | 0.6% | 13K | — | |||
| 28 | $DRS | Leonardo DRS, Inc. | Technology | $810K | 0.5% | 19K | New | |||
| 29 | $NOW | ServiceNow, Inc. | Technology | $694K | 0.5% | 7,000 | — | |||
| 30 | $STN | STANTEC INC | Technology | $647K | 0.4% | 9,400 | -47% | |||
| 31 | $EQX | Equinox Gold Corp. | Materials | $545K | 0.4% | 56K | New | |||
| 32 | $AEM | AGNICO EAGLE MINES LTD | Materials | $465K | 0.3% | 3,000 | -92% | |||
| 33 | $ACN | Accenture plc | Technology | $398K | 0.3% | 3,200 | — |
What changed in Q2 2026
Against the previous quarter's 13F: 11 new, 2 added to, 6 trimmed, 35 sold out. Share-count changes; largest moves by dollar size first.
New positions (11)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
- SPDR SERIES TST ST SP REGBNK - COM$1.1M
first bought this quarter
+5 more in the Excel export
Added to (2)
Trimmed (6)
now $1.9M · held 4 qtrs
$AEMAGNICO EAGLE MINES LTD-92%
now $465K · held 9 qtrs, 3 trims in a row
now $22.3M · held 4 qtrs, 2 trims in a row
now $26.7M · held 10+ qtrs
$STNSTANTEC INC-47%
now $647K · held 2 qtrs
$JJACOBS SOLUTIONS INC.-37%
now $869K · held 3 qtrs
Holdings by quarter
Every 13F Caldwell Investment Management Ltd. has filed, 18 earlier quarters. Pick one to see what it held then.
Is it too late to follow Caldwell Investment Management Ltd.?
Q2 2026 13F filed with the SEC on Aug 11, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Caldwell Investment Management Ltd.'s top 20 holdings: 68/100 (our AI quality score, weighted by position size; 16 of the 20 are scored)
Top 10 since filing
-5.1%
Value-weighted move of the 10 largest stock positions
Turnover
11%
Last quarter; 73% over the last 4
Top 10 weight
85%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
52%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Caldwell Investment Management Ltd. disclosed 33 positions worth $152.3M in its Form 13F-HR for Q2 2026, led by $CBOE (Cboe Global Markets, Inc.) at 17.5% of the equity portfolio, followed by $MIAX and $BAC. During the quarter the fund opened 11 new positions and exited 35 — including a new stake in $MFC and a full exit from $MS. The portfolio is most concentrated in Financials (76.3% of disclosed assets). All figures are sourced directly from Caldwell Investment Management Ltd.’s Form 13F-HR filing with the SEC under CIK 1904373.
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AI-Powered Hedge Fund Analysis: Caldwell Investment Management Ltd.
13F Pro is an AI hedge fund tracker and stock research platform. For Caldwell Investment Management Ltd. (SEC CIK: 1904373), 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 Caldwell Investment Management Ltd.'s portfolio is scored on an AI quality ranking built from its SEC filings (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.