Trans-Canada Capital Inc.
Long book
$1.39B
Q1 2026
Positions
6
Top-10 weight
100%
concentration
Last quarter
+14.9%
SPY +14.8%
Turnover
38%
of book per quarter
Strategy in plain words
auto-generated from filingsTrans-Canada Capital Inc. is a wealth-management firm allocating client money, running a $1.39B US long book across 6 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD S&P 500 ETF, SS SPDR S&P 500 ETF TRUST-US, SS SPDR S&P BANK ETF, ISHARES GLOBAL CLEAN ENERGY, VANECK GOLD MINERS ETF.
Over the last 6 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 2 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-4.0%
Q1 2025
+10.2%
Q2 2025
+7.3%
Q3 2025
-0.4%
Q4 2025
-4.5%
Q1 2026
+14.9%
Sector allocation
Real estate 65%
Industrials 35%
Long book by quarter
What does Trans-Canada Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 6 | $1.39B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 7 | $1.74B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 11 | $1.65B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 13 | $1.47B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 17 | $1.25B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 16 | $993.7M | canonical | SEC ↗ |