Q2 2026 13F · SEC CIK 1539919

Waratah Capital Advisors Ltd.

Hedge fundFiled 2026-08-11 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.3B
Reported positions: 107
Top holdings a year, 3 yrs: +23.1%
Assets under management: $2.3B

Waratah Capital Advisors Ltd. is a hedge fund that reported 107 positions worth $1.3B in its Q2 2026 13F, filed 2026-08-11. Its largest holdings were Descartes Systems Group (DSGX, 7.7%), Teledyne Technologies Inc (TDY, 3.6%), Federal Signal Corp (FSS, 3.6%). A portfolio copying its top holdings returned 23.1% a year over the last 3 years, against 20.4% for the S&P 500.

Waratah Capital Advisors Ltd. holdings largest 50 of 107 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Waratah Capital Advisors Ltd. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
DSGXDescartes Systems Group	7.7%	7.6%	1,447,678	+21.7%	$100.2M
TDYTeledyne Technologies Inc	3.6%	1.8%	70,874	+111.1%	$47.3M
FSSFederal Signal Corp	3.6%	—	360,200	—	$46.3M
AGIAlamos Gold Inc	3.0%	5.5%	1,274,296	-7.5%	$38.7M
STNStantec Inc	2.3%	—	441,245	—	$30.4M
SXTSensient Technologies Corp	2.3%	1.2%	241,237	+60.0%	$29.7M
NINiSource Inc	2.3%	1.6%	616,779	+63.9%	$29.3M
AVGOBroadcom Inc	2.2%	—	77,197	—	$29.2M
CVECenovus Energy Inc	2.1%	2.5%	1,110,707	+3.6%	$27.6M
AMEAmetek Inc	2.0%	1.5%	109,913	+42.4%	$26.6M
CMGChipotle Mexican Grill Inc	2.0%	—	779,976	—	$26.5M
ASMLAsml Hldg NV	2.0%	—	13,292	—	$26.4M
AMZNAmazon Com Inc	2.0%	—	107,937	—	$25.7M
WELLWelltower Inc	1.9%	2.7%	110,586	-27.7%	$25.1M
TDToronto Dominion Bk Ont	1.9%	1.8%	203,254	-4.3%	$24.7M
MLMMartin Marietta Matls Inc	1.8%	2.3%	40,094	-8.1%	$23.1M
SKESkeena Res Ltd New	1.7%	3.0%	820,459	-27.2%	$21.9M
LNGCheniere Energy Inc	1.7%	1.8%	90,018	+29.9%	$21.5M
PWRQuanta Svcs Inc	1.6%	0.9%	29,599	+61.3%	$21.3M
ARMKAramark	1.6%	—	370,785	—	$21.1M
NVDANvidia Corporation	1.6%	—	103,208	—	$20.7M
MODModine Manufacturing Co	1.5%	1.0%	75,084	+51.9%	$20.0M
CRCrane Company	1.5%	2.5%	89,767	-44.3%	$20.0M
CHRWC H Robinson Worldwide in	1.5%	—	102,215	—	$19.3M
SPXCSpx Technologies Inc	1.5%	2.8%	78,488	-49.6%	$19.2M
AEMAgnico Eagle Mines Ltd	1.4%	2.2%	120,423	-0.6%	$18.7M
NVTNvent Elec PLC	1.3%	2.3%	103,121	-52.7%	$17.5M
SUSuncor Energy Inc New	1.3%	3.0%	315,916	-37.2%	$17.0M
RYRoyal Bk Cda	1.3%	1.2%	79,399	-4.5%	$16.4M
STRLSterling Infrastructure Inc	1.3%	—	19,370	—	$16.3M
MSFTMicrosoft Corp	1.2%	—	43,433	—	$16.2M
IMOImperial Oil Ltd	1.2%	—	138,623	—	$15.5M
MNSTMonster Beverage Corp New	1.2%	—	157,783	—	$15.2M
TXNTexas Instrs Inc	1.2%	—	50,303	—	$15.0M
TFIITfi International Inc	1.1%	—	103,433	—	$14.8M
RRXRegal Rexnord Corporation	1.1%	0.9%	61,469	+11.5%	$14.6M
PUMPPropetro Hldg Corp	1.1%	—	963,358	—	$13.8M
NXENexgen Energy Limited (canada)	1.1%	1.8%	1,464,523	-13.5%	$13.8M
BEPBrookfield Renewable Energy	1.0%	1.4%	388,000	-20.5%	$13.5M
IAGIamgold Corp	1.0%	3.3%	849,801	-56.2%	$13.5M
PAYXPaychex Inc	1.0%	—	134,023	—	$13.2M
KGCKinross Gold Corp	1.0%	3.6%	539,646	-58.5%	$12.7M
CAECae Inc	0.9%	2.1%	476,531	-46.4%	$11.9M
CGAUCenterra Gold Incorporated (canada)	0.9%	3.5%	752,615	-65.9%	$11.9M
FNDFloor & Decor Hldgs Inc	0.9%	—	190,568	—	$11.3M
ASAmer Sports Inc	0.9%	0.9%	334,093	+6.9%	$11.3M
CWCurtiss Wright Corp	0.8%	0.8%	14,316	+7.6%	$10.8M
CNICanadian Natl Ry Co	0.8%	2.5%	90,425	-66.4%	$10.8M
ARMArm Holdings PLC	0.8%	—	30,070	—	$10.7M
SIISprott Inc	0.8%	1.6%	92,015	-28.1%	$10.3M

What Waratah Capital Advisors Ltd. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

TDY Teledyne Technologies Inc+111.1% shares
NI NiSource Inc+63.9% shares
PWR Quanta Svcs Inc+61.3% shares
SXT Sensient Technologies Corp+60.0% shares
MOD Modine Manufacturing Co+51.9% shares
AME Ametek Inc+42.4% shares
LNG Cheniere Energy Inc+29.9% shares
DSGX Descartes Systems Group+21.7% shares

Reduced

CNI Canadian Natl Ry Co-66.4% shares
CGAU Centerra Gold Incorporated (canada)-65.9% shares
KGC Kinross Gold Corp-58.5% shares
IAG Iamgold Corp-56.2% shares
NVT Nvent Elec PLC-52.7% shares
SPXC Spx Technologies Inc-49.6% shares
CAE Cae Inc-46.4% shares
CR Crane Company-44.3% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +33.4% /yr; S&P 500 +20.1%
3 years: +23.1% /yr; S&P 500 +20.4%
5 years: +14.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.3B	107
Q1 2026	$1.1B	98
Q4 2025	$1.3B	104
Q3 2025	$1.5B	138
Q2 2025	$1.5B	121
Q1 2025	$1.5B	137
Q4 2024	$1.8B	112
Q3 2024	$1.7B	98
Q2 2024	$1.7B	78
Q1 2024	$2.0B	129
Q4 2023	$1.8B	132
Q3 2023	$2.2B	126

Questions about Waratah Capital Advisors Ltd.'s portfolio

What stocks does Waratah Capital Advisors Ltd. own?

Waratah Capital Advisors Ltd.'s latest 13F, for Q2 2026 and filed Aug 11, 2026, lists 107 positions worth $1.3B. The largest are Descartes Systems Group (DSGX) at 7.7%, Teledyne Technologies Inc (TDY) at 3.6%, Federal Signal Corp (FSS) at 3.6%, Alamos Gold Inc (AGI) at 3.0% and Stantec Inc (STN) at 2.3%.

What did Waratah Capital Advisors Ltd. buy last quarter?

In Q2 2026, Waratah Capital Advisors Ltd. added Teledyne Technologies Inc (TDY) (+111.1% shares), NiSource Inc (NI) (+63.9% shares) and Quanta Svcs Inc (PWR) (+61.3% shares), compared with its Q1 2026 filing.

What did Waratah Capital Advisors Ltd. sell last quarter?

In Q2 2026, Waratah Capital Advisors Ltd. cut from its top 50 Boyd Group Services Inc (BGSI), cut from its top 50 Sharkninja Inc (SN), cut from its top 50 Lululemon Athletica Inc (LULU), cut from its top 50 Comfort Sys USA Inc (FIX), cut from its top 50 Franco Nev Corp (FNV), Canadian Natl Ry Co (CNI) (-66.4% shares), Centerra Gold Incorporated (canada) (CGAU) (-65.9% shares) and Kinross Gold Corp (KGC) (-58.5% shares), compared with its Q1 2026 filing.

How has Waratah Capital Advisors Ltd.'s portfolio performed?

A portfolio copying Waratah Capital Advisors Ltd.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +33.4% against +20.1%. Over 5 years: +14.9% a year against +11.6%.

When is Waratah Capital Advisors Ltd.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Waratah Capital Advisors Ltd.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Waratah Capital Advisors Ltd. manage?

Waratah Capital Advisors Ltd. reported $2.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.3B.