Waratah Capital Advisors 13F annual report
Waratah Capital Advisors is an investment fund managing more than $1.65 trillion ran by Dimitri Michalopoulos. There are currently 77 companies in Mr. Michalopoulos’s portfolio. The largest investments include Canadian Nat Res Ltd and Dutch Bros, together worth $174 billion.
$1.65 trillion Assets Under Management (AUM)
As of 5th August 2024, Waratah Capital Advisors’s top holding is 2,475,393 shares of Canadian Nat Res Ltd currently worth over $88.2 billion and making up 5.4% of the portfolio value.
In addition, the fund holds 2,061,875 shares of Dutch Bros worth $85.4 billion, whose value grew 36.9% in the past six months.
The third-largest holding is Graphic Packaging Hldg Co worth $81 billion and the next is Agnico Eagle Mines Ltd worth $80.4 billion, with 1,229,404 shares owned.
Currently, Waratah Capital Advisors's portfolio is worth at least $1.65 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Waratah Capital Advisors
The Waratah Capital Advisors office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Dimitri Michalopoulos serves as the CCO at Waratah Capital Advisors.
Recent trades
In the most recent 13F filing, Waratah Capital Advisors revealed that it had opened a new position in
Dutch Bros and bought 2,061,875 shares worth $85.4 billion.
This means they effectively own approximately 0.1% of the company.
Dutch Bros makes up
70.4%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Canadian Nat Res Ltd by buying
700,408 additional shares.
This makes their stake in Canadian Nat Res Ltd total 2,475,393 shares worth $88.2 billion.
On the other hand, there are companies that Waratah Capital Advisors is getting rid of from its portfolio.
Waratah Capital Advisors closed its position in Six Flags Entertainment on 12th August 2024.
It sold the previously owned 1,846,051 shares for $68.3 billion.
Dimitri Michalopoulos also disclosed a decreased stake in Graphic Packaging Hldg Co by 0.2%.
This leaves the value of the investment at $81 billion and 3,089,793 shares.
One of the largest hedge funds
The two most similar investment funds to Waratah Capital Advisors are Mantle Ridge L.P. and Smith Chas P & Associates Pa Cpas. They manage $1.65 trillion and $1.64 trillion respectively.
Dimitri Michalopoulos investment strategy
Waratah Capital Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Materials — making up 18.6% of
the total portfolio value.
The fund focuses on investments in the United States as
49.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
47% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $93.7 billion.
The complete list of Waratah Capital Advisors trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Canadian Nat Res Ltd |
39.46%
2,475,393
|
$88,151,697,000 | 5.35% |
| Dutch Bros Inc. |
Opened
2,061,875
|
$85,361,625,000 | 5.18% |
| Graphic Packaging Hldg Co |
24.14%
3,089,793
|
$80,983,475,000 | 4.92% |
| Agnico Eagle Mines Ltd |
Opened
1,229,404
|
$80,391,606,000 | 4.88% |
| Sun Cmntys Inc |
28.10%
653,180
|
$78,603,681,000 | 4.77% |
| Kinross Gold Corp. |
Opened
9,264,000
|
$77,110,298,000 | 4.68% |
| Six Flags Entertainment Corp. |
Closed
1,846,051
|
$68,303,887,000 | |
| Canadian Pacific Kansas City |
174.05%
821,545
|
$64,684,234,000 | 3.93% |
| Paycom Software Inc |
Closed
240,098
|
$62,250,208,000 | |
| Ats Corporation |
Closed
1,230,505
|
$52,479,165,000 | |
| Hudbay Minerals Inc. |
Opened
5,496,486
|
$49,727,414,000 | 3.02% |
| EQT Corp |
Closed
1,154,806
|
$46,862,027,000 | |
| Roper Technologies Inc |
42.07%
69,979
|
$39,444,363,000 | 2.40% |
| Equity Lifestyle Pptys Inc |
467.60%
597,869
|
$38,939,208,000 | 2.37% |
| Microsoft Corporation |
66.27%
83,645
|
$37,385,133,000 | 2.27% |
| Azek Co Inc |
82.88%
837,864
|
$35,299,210,000 | 2.14% |
| Antero Resources Corp |
Opened
1,044,241
|
$34,073,584,000 | 2.07% |
| Berkshire Hathaway Inc. |
Closed
94,839
|
$33,222,102,000 | |
| Martin Marietta Matls Inc |
35.30%
60,612
|
$32,839,582,000 | 1.99% |
| Chesapeake Energy Corp. |
Opened
396,180
|
$32,562,034,000 | 1.98% |
| Sprott Inc. |
29.44%
779,177
|
$32,302,714,000 | 1.96% |
| Hess Corporation |
Closed
205,000
|
$31,365,000,000 | |
| Carrier Global Corporation |
488.49%
471,608
|
$29,749,033,000 | 1.81% |
| Teck Resources Ltd |
74.80%
616,172
|
$29,520,996,000 | 1.79% |
| Lpl Finl Hldgs Inc |
57.18%
102,017
|
$28,493,348,000 | 1.73% |
| NexGen Energy Ltd |
17.18%
3,809,034
|
$26,555,430,000 | 1.61% |
| Thermo Fisher Scientific Inc. |
251.67%
47,447
|
$26,238,191,000 | 1.59% |
| Warrior Met Coal Inc |
64.91%
402,707
|
$25,277,918,000 | 1.54% |
| Stantec Inc |
6.07%
292,557
|
$24,486,114,000 | 1.49% |
| Amazon.com Inc. |
41.48%
124,471
|
$24,054,021,000 | 1.46% |
| Raymond James Finl Inc |
Closed
235,720
|
$23,673,360,000 | |
| Ovintiv Inc |
Opened
500,000
|
$23,435,000,000 | 1.42% |
| Tjx Cos Inc New |
Closed
259,825
|
$23,093,246,000 | |
| Transalta Corp. |
Closed
2,584,672
|
$22,522,425,000 | |
| Icon Plc |
Opened
70,669
|
$22,152,611,000 | 1.35% |
| Cheniere Energy Inc. |
241.06%
118,011
|
$20,631,863,000 | 1.25% |
| Chipotle Mexican Grill |
Closed
11,142
|
$20,410,250,000 | |
| SPX Technologies Inc |
Opened
141,574
|
$20,123,328,000 | 1.22% |
| Royal Gold, Inc. |
Opened
142,998
|
$17,897,630,000 | 1.09% |
| Permian Resources Corp |
90.34%
1,094,439
|
$17,675,190,000 | 1.07% |
| Waste Connections Inc |
68.11%
99,556
|
$17,463,170,000 | 1.06% |
| Cenovus Energy Inc |
79.40%
880,857
|
$17,309,572,000 | 1.05% |
| Netflix Inc. |
Closed
45,397
|
$17,141,907,000 | |
| Advanced Drain Sys Inc Del |
Closed
150,313
|
$17,110,129,000 | |
| KKR & Co. Inc |
Opened
152,053
|
$16,002,058,000 | 0.97% |
| XPO Inc |
199.71%
149,854
|
$15,907,002,000 | 0.97% |
| Manulife Finl Corp |
Opened
589,037
|
$15,681,654,000 | 0.95% |
| Church & Dwight Co., Inc. |
Closed
167,821
|
$15,377,438,000 | |
| Nutrien Ltd |
Closed
242,837
|
$15,003,696,000 | |
| FirstService Corp |
6.45%
97,856
|
$14,888,752,000 | 0.90% |
| Colliers Intl Group Inc |
57.51%
131,576
|
$14,690,460,000 | 0.89% |
| Steris Plc |
46.72%
66,388
|
$14,574,822,000 | 0.89% |
| Alphabet Inc |
83.76%
77,895
|
$14,188,574,000 | 0.86% |
| Sherwin-Williams Co. |
36.35%
46,131
|
$13,766,874,000 | 0.84% |
| Charles Riv Labs Intl Inc |
Closed
69,259
|
$13,573,379,000 | |
| Visa Inc |
63.09%
51,237
|
$13,448,175,000 | 0.82% |
| NextEra Energy Inc |
Opened
189,731
|
$13,434,852,000 | 0.82% |
| Constellation Energy Corp |
Opened
65,987
|
$13,215,216,000 | 0.80% |
| Diamondback Energy Inc |
Opened
64,673
|
$12,946,888,000 | 0.79% |
| Mdu Res Group Inc |
Opened
497,991
|
$12,499,574,000 | 0.76% |
| Restaurant Brands International Inc |
Closed
182,664
|
$12,169,076,000 | |
| Royal Bk Cda |
52.48%
112,221
|
$11,944,686,000 | 0.73% |
| Imperial Oil Ltd. |
78.96%
170,100
|
$11,595,326,000 | 0.70% |
| Bank Montreal Que |
56.18%
129,662
|
$10,880,734,000 | 0.66% |
| GMS Inc |
Opened
126,647
|
$10,209,015,000 | 0.62% |
| Parker-Hannifin Corp. |
Opened
20,074
|
$10,153,630,000 | 0.62% |
| Vulcan Matls Co |
13.79%
40,604
|
$10,097,403,000 | 0.61% |
| JPMorgan Chase & Co. |
Closed
69,445
|
$10,070,914,000 | |
| Enerplus Corporation |
Closed
555,355
|
$9,776,729,000 | |
| Vistra Corp |
Opened
113,132
|
$9,727,089,000 | 0.59% |
| Tetra Tech, Inc. |
Opened
46,875
|
$9,585,000,000 | 0.58% |
| Union Pac Corp |
465.10%
41,868
|
$9,473,054,000 | 0.58% |
| T-Mobile US, Inc. |
Closed
65,486
|
$9,171,314,000 | |
| Atlas Lithium Corp |
No change
661,158
|
$9,131,242,000 | 0.55% |
| Churchill Downs, Inc. |
Closed
76,187
|
$8,840,739,000 | |
| Sun Life Financial, Inc. |
24.40%
176,362
|
$8,645,461,000 | 0.53% |
| Abercrombie & Fitch Co. |
Closed
151,492
|
$8,539,604,000 | |
| Applied Indl Technologies In |
Opened
42,299
|
$8,206,006,000 | 0.50% |
| Dell Technologies Inc |
Opened
58,839
|
$8,114,486,000 | 0.49% |
| Dexcom Inc |
12.41%
70,149
|
$7,953,494,000 | 0.48% |
| Ingersoll Rand Inc. |
Opened
86,082
|
$7,819,689,000 | 0.47% |
| Texas Pacific Land Corporati |
Closed
4,254
|
$7,757,425,000 | |
| Aptargroup Inc. |
Closed
60,878
|
$7,612,185,000 | |
| Eaton Corp Plc |
Closed
34,410
|
$7,338,965,000 | |
| Rogers Communications Inc. |
Closed
187,108
|
$7,187,397,000 | |
| West Fraser Timber Co Ltd |
52.35%
90,670
|
$6,961,975,000 | 0.42% |
| Franco Nev Corp |
64.67%
53,695
|
$6,364,654,000 | 0.39% |
| Mcdonalds Corp |
Closed
24,089
|
$6,346,006,000 | |
| Brookfield Corp |
Opened
149,236
|
$6,205,488,000 | 0.38% |
| Lamar Advertising Co |
12.95%
50,096
|
$5,987,975,000 | 0.36% |
| Eog Res Inc |
Closed
46,914
|
$5,946,819,000 | |
| SiteOne Landscape Supply Inc |
Closed
35,276
|
$5,765,862,000 | |
| United Parks & Resorts Inc. |
93.55%
105,187
|
$5,712,706,000 | 0.35% |
| Telus Corp. |
Opened
368,044
|
$5,570,189,000 | 0.34% |
| Iron Mtn Inc Del |
Closed
93,286
|
$5,545,853,000 | |
| Procter And Gamble Co |
Closed
30,327
|
$4,423,496,000 | |
| Xylem Inc |
Closed
42,905
|
$3,905,642,000 | |
| Pentair plc |
Closed
55,600
|
$3,600,100,000 | |
| Pool Corporation |
82.81%
11,686
|
$3,591,458,000 | 0.22% |
| TREX Co., Inc. |
Closed
58,125
|
$3,582,244,000 | |
| Array Technologies, Inc. |
Closed
150,769
|
$3,345,564,000 | |
| Trane Technologies plc |
27.26%
9,948
|
$3,272,196,000 | 0.20% |
| Dominos Pizza Inc |
Closed
8,503
|
$3,220,851,000 | |
| Realty Income Corp. |
Closed
63,908
|
$3,191,566,000 | |
| Crowdstrike Holdings Inc |
15.87%
7,864
|
$3,013,406,000 | 0.18% |
| Five Below Inc |
Closed
18,109
|
$2,913,738,000 | |
| Bank Nova Scotia Halifax |
Closed
64,762
|
$2,904,156,000 | |
| Vestis Corporation |
Closed
144,300
|
$2,784,990,000 | |
| Humana Inc. |
Closed
5,711
|
$2,778,516,000 | |
| Agilent Technologies Inc. |
Closed
23,822
|
$2,663,776,000 | |
| NVR Inc. |
15.83%
335
|
$2,542,168,000 | 0.15% |
| PG&E Corp. |
Closed
156,843
|
$2,529,878,000 | |
| CSX Corp. |
Closed
81,673
|
$2,511,445,000 | |
| Stryker Corp. |
Closed
8,301
|
$2,268,414,000 | |
| Hilton Worldwide Holdings Inc |
Closed
14,298
|
$2,147,274,000 | |
| Fluence Energy Inc |
Closed
91,298
|
$2,098,941,000 | |
| Savers Value Vlg Inc |
Closed
111,299
|
$2,077,952,000 | |
| S&P Global Inc |
16.06%
4,574
|
$2,040,004,000 | 0.12% |
| Service Corp Intl |
Closed
35,125
|
$2,007,043,000 | |
| Mister Car Wash, Inc. |
Closed
342,129
|
$1,885,131,000 | |
| Envista Holdings Corp |
Closed
64,982
|
$1,811,698,000 | |
| Floor & Decor Holdings Inc |
Closed
19,480
|
$1,762,940,000 | |
| Chemed Corp. |
65.17%
3,024
|
$1,640,762,000 | 0.10% |
| Danaher Corp. |
78.57%
6,387
|
$1,595,792,000 | 0.10% |
| Prologis Inc |
21.58%
12,827
|
$1,440,600,000 | 0.09% |
| CMS Energy Corporation |
Closed
27,043
|
$1,436,254,000 | |
| TopBuild Corp |
Closed
5,625
|
$1,415,250,000 | |
| Teledyne Technologies Inc |
96.54%
3,552
|
$1,378,105,000 | 0.08% |
| Nike, Inc. |
Closed
14,189
|
$1,356,752,000 | |
| Quanta Svcs Inc |
Closed
7,242
|
$1,354,761,000 | |
| Disney Walt Co |
Closed
16,467
|
$1,334,650,000 | |
| First Solar Inc |
Closed
7,837
|
$1,266,381,000 | |
| Home Depot, Inc. |
Closed
4,045
|
$1,222,237,000 | |
| Emcor Group, Inc. |
Closed
5,757
|
$1,211,215,000 | |
| Alamos Gold Inc. |
Opened
75,386
|
$1,182,253,000 | 0.07% |
| Eli Lilly & Co |
Closed
1,904
|
$1,022,696,000 | |
| Builders Firstsource Inc |
Closed
7,443
|
$926,579,000 | |
| Darling Ingredients Inc |
Closed
16,645
|
$868,869,000 | |
| IQVIA Holdings Inc |
Closed
4,304
|
$846,812,000 | |
| Avery Dennison Corp. |
Closed
3,883
|
$709,308,000 | |
| NRG Energy Inc. |
Closed
14,993
|
$577,530,000 | |
| Koppers Holdings Inc |
Closed
13,225
|
$523,049,000 | |
| Itron Inc. |
Closed
8,442
|
$511,416,000 | |
| Shoals Technologies Group In |
Closed
24,968
|
$455,666,000 | |
| Idexx Labs Inc |
Closed
752
|
$328,827,000 | |
| Stem Inc |
Closed
71,698
|
$304,000,000 | |
| Mastercard Incorporated |
Closed
766
|
$303,267,000 | |
| Valero Energy Corp. |
Closed
1,833
|
$259,754,000 | |
| Albemarle Corp. |
Closed
1,476
|
$250,979,000 | |
| Sportradar Group Ag |
Closed
24,701
|
$247,257,000 | |
| Alcoa Corp |
Closed
7,440
|
$216,206,000 | |
| Mcewen Mng Inc |
Opened
23,304
|
$213,729,000 | 0.01% |
| BrightView Holdings Inc |
Closed
23,000
|
$178,250,000 | |
| No transactions found | |||
| Showing first 500 out of 153 holdings | |||
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