Timelo Investment Management Inc.

Fundamental concentrated ★Signal CIK 1851296
Long book
$73.0M
Q1 2026
Positions
48
Top-10 weight
49%
concentration
Last quarter
+6.4%
SPY +14.8%
Turnover
69%
of book per quarter

Strategy in plain words

auto-generated from filings

Timelo Investment Management Inc. is a concentrated fundamental stock-picker, running a $73.0M US long book across 48 positions.

The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: PROFOUND MEDICAL CORP, ISHARES 20+ YEAR TREASURY BD, WALMART INC, BROOKDALE SENIOR LIVING INC, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 3.4pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-5.7%
Q2 2024
-0.0%
Q3 2024
+1.7%
Q4 2024
-5.6%
Q1 2025
+3.9%
Q2 2025
+4.6%
Q3 2025
+5.6%
Q4 2025
-1.4%
Q1 2026
+6.4%

Sector allocation

Healthcare
19%
Consumer discretionary
18%
Financials
16%
Services media
10%
Technology
9%
Utilities
6%
Energy
5%
Industrials
5%

Long book by quarter

$64.5M
Q1 2024
$49.7M
Q2 2024
$40.5M
Q3 2024
$44.5M
Q4 2024
$22.8M
Q1 2025
$28.9M
Q2 2025
$60.3M
Q3 2025
$94.2M
Q4 2025
$73.0M
Q1 2026

What does Timelo Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PROF PROFOUND MEDICAL CORPHealthcare1.1M$7.2M9.9%+13.8%
WMT WALMART INCConsumer discretionary30.0K$3.7M5.1%New
BKD BROOKDALE SENIOR LIVING INCHealthcare257.0K$3.5M4.8%New
MSFT MICROSOFT CORPTechnology9.0K$3.3M4.6%+80.0%
GIB CGI INCServices media43.0K$3.1M4.3%+7.5%
BAM BROOKFIELD ASSET MGMT-AFinancials65.0K$2.9M4.0%New
EFXT ENERFLEX LTDIndustrials128.2K$2.7M3.7%-68.2%
BIPC BROOKFIELD INFRASTRUCTURE-AUtilities65.0K$2.6M3.5%New
TU TELUS CORPCommunications195.0K$2.5M3.4%-73.1%
BROS DUTCH BROS INC-CLASS AConsumer discretionary48.0K$2.4M3.3%+6.7%
EAT BRINKER INTERNATIONAL INCConsumer discretionary16.0K$2.3M3.1%-20.0%
GIL GILDAN ACTIVEWEAR INCOther39.0K$2.2M3.0%New
MOH MOLINA HEALTHCARE INCFinancials16.0K$2.1M2.9%-27.3%
ELV ELEVANCE HEALTH INCFinancials7.0K$2.0M2.8%-56.3%
ITRN ITURAN LOCATION AND CONTROLConsumer discretionary39.0K$1.9M2.6%-68.3%
CALM CAL-MAINE FOODS INCConsumer staples21.0K$1.7M2.3%-16.0%
BGSI THE BOYD GROUP INCServices media12.8K$1.6M2.2%+611.1%
DRVN DRIVEN BRANDS HOLDINGS INCServices media125.0K$1.6M2.2%New
IREN IREN LTDFinancials42.0K$1.4M2.0%-4.5%
POOL POOL CORPConsumer discretionary7.0K$1.4M1.9%New
CAE CAE INCTechnology54.1K$1.4M1.9%New
TAC TRANSALTA CORPUtilities105.0K$1.4M1.9%New
CVE CENOVUS ENERGY INCEnergy50.0K$1.3M1.8%New
FURY FURY GOLD MINES LTDMaterials1.8M$1.1M1.5%-15.0%
OVV OVINTIV INCEnergy15.0K$890K1.2%New
GRAL GRAIL INCHealthcare15.0K$775K1.1%New
WIX WIX.COM LTDTechnology8.0K$721K1.0%New
SOBO SOUTH BOW CORPEnergy20.0K$666K0.9%New
BAX BAXTER INTERNATIONAL INCHealthcare37.0K$622K0.9%-73.9%
PACH PIONEER ACQUISITION I-CL AFinancials60.0K$608K0.8%New
CIGI COLLIERS INTL GR-SUBORD VOTReal estate5.0K$534K0.7%New
OBA OXLEY BRIDGE ACQUISITIO-CL AFinancials50.0K$507K0.7%New
MINE MAYFAIR GOLD CORPMaterials158.8K$491K0.7%New
WFG WEST FRASER TIMBER CO LTDOther6.2K$405K0.6%-89.0%
VET VERMILION ENERGY INCEnergy25.0K$345K0.5%Held
CNH CNH INDUSTRIAL NVIndustrials25.0K$275K0.4%Held
FIGX FIGX CAPITAL ACQUISITION C-AFinancials25.0K$253K0.3%New
GDYN GRID DYNAMICS HOLDINGS INCTechnology25.0K$143K0.2%New
CAEP CANTOR EQUITY PARTNERS III-A10.0K$103K0.1%Held
FCRS FUTURECREST ACQUISITION-CL AFinancials10.0K$101K0.1%New
MBVI M3-BRIGADE ACQUISITION-CL AFinancials10.0K$101K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202651$126.8M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202646$281.9M canonicalSEC ↗
Q3 202513F-HRNov 13, 202540$266.8M canonicalSEC ↗
Q2 202513F-HRAug 6, 202522$74.2M canonicalSEC ↗
Q1 202513F-HRMay 13, 20257$34.0M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202516$142.4M canonicalSEC ↗
Q3 202413F-HRNov 12, 202413$159.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202424$176.0M canonicalSEC ↗
Q1 202413F-HRMay 13, 202434$263.2M canonicalSEC ↗