Addenda Capital Inc.
•CIK: 1569411•Filing: Q4 2025
Addenda Capital Inc., managed by the seasoned duo of John Hempton and Andrew Brown, maintains a concentrated portfolio with a focus on high-conviction bets, currently holding 125 positions with a $3.4 billion AUM. Notably, the fund has recently added significant positions in AMZN and TRU, while reducing exposure to TECK/B and DD, reflecting a strategic shift towards tech and consumer staples amid market volatility.
Total AUM
$3.4B
QoQ Performance
+0.8%
Positions
124
Top 10 Concentration
38.6%
Latest Filing
Q4 2025
Top Holdings Allocation
TD4.9%
RY4.8%
AEM4.6%
SHOP4.4%
BN4.0%
BMO3.8%
AGI3.5%
BNS3.2%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other73.3%
Technology10.2%
Financial6.6%
Consumer4.9%
Healthcare1.6%
Industrial1.2%
Consumer Staples0.9%
Materials0.7%
🚪 Exited Positionssold since Q3 2025
+2 more exited positions
Changes from Q3 2025
NEW6 new positions
↑15 increased
↓102 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023