Q2 2026 13F · SEC CIK 1536890

Barometer Capital Management Inc.

Asset managerFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $359.8M
Reported positions: 136
Top holdings a year, 3 yrs: +30.1%
Assets under management: $737.0M

Barometer Capital Management Inc. is an asset manager that reported 136 positions worth $359.8M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Caterpillar Inc (CAT, 4.9%), Lam Research Corp (LRCX, 4.1%), Hudbay Minerals Inc (HBM, 3.7%). A portfolio copying its top holdings returned 30.1% a year over the last 3 years, against 20.4% for the S&P 500.

Barometer Capital Management Inc. holdings largest 50 of 136 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.

Barometer Capital Management Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
CATCaterpillar Inc	4.9%	4.0%	16,632	+0.6%	$17.7M
LRCXLam Research Corp	4.1%	—	33,690	—	$14.6M
HBMHudbay Minerals Inc	3.7%	—	398,050	—	$13.3M
HWMHowmet Aerospace Inc	3.7%	3.9%	49,331	-0.4%	$13.3M
RYRoyal Bk Cda	3.4%	—	41,580	—	$12.1M
CMCanadian Imperial Bank of Co	3.2%	3.3%	70,960	-2.3%	$11.6M
GEVGe Vernova Inc	3.1%	1.5%	9,400	+86.1%	$11.0M
IMOImperial Oil Ltd	3.0%	4.1%	68,070	+3.3%	$10.8M
MSMorgan Stanley	3.0%	—	51,720	—	$10.8M
CCitigroup Inc	2.9%	—	75,700	—	$10.6M
BMOBank of Montreal	2.9%	2.8%	42,500	-4.5%	$10.6M
NVDANvidia Corporation	2.9%	2.1%	52,800	+48.7%	$10.6M
SANBanco Santander SA	2.9%	0.8%	760,950	+251.3%	$10.5M
CSXCsx Corp	2.8%	—	213,400	—	$10.1M
GOOGLAlphabet Inc	2.4%	—	24,109	—	$8.6M
CPCanadian Pacific Kansas City	2.4%	4.3%	69,200	-39.8%	$8.5M
BHPBhp Billiton Limited	2.2%	—	93,800	—	$7.8M
IRMIron Mtn Inc Del	2.2%	—	61,400	—	$7.8M
ASXAse Technology Hldg Co Ltd	2.0%	1.0%	159,500	+15.2%	$7.1M
GSGoldman Sachs Group Inc	1.9%	—	6,600	—	$6.7M
LLYEli Lilly & Co	1.8%	—	5,350	—	$6.4M
GDSGds Hldgs Ltd	1.5%	2.2%	175,800	+10.9%	$5.3M
TLKTelekomunikasi Ind Sponsored ADR	1.4%	2.2%	382,000	+11.8%	$5.1M
STMStmicroelectronics N V Ny Registry	1.2%	0.6%	58,100	+15.3%	$4.4M
AMZNAmazon Com Inc	1.1%	—	16,900	—	$4.0M
YPFYpf Sociedad Anonima	1.1%	1.2%	86,200	+14.8%	$3.9M
SMFGSumitomo Mitsui Fin Grp Inc	0.9%	0.9%	143,600	+13.2%	$3.4M
BCSBarclays PLC	0.8%	0.6%	113,600	+31.3%	$3.1M
TEVATeva Pharmaceutical Inds Ltd	0.8%	0.8%	89,000	+14.4%	$3.0M
AAPLApple Inc	0.8%	—	9,870	—	$2.9M
BMABanco Macro S A	0.8%	0.7%	30,700	+12.9%	$2.8M
BVNCompania de Minas Buenaventura	0.7%	0.9%	84,600	+14.0%	$2.5M
NOKNokia Corp	0.7%	—	184,200	—	$2.4M
TSMTaiwan Semiconductor Manufac	0.6%	0.5%	4,790	+6.7%	$2.3M
SQMSociedad Quimica Y Minera de	0.6%	0.7%	29,000	+12.4%	$2.1M
BBDBanco Bradesco S A Sp	0.6%	0.7%	629,600	+12.2%	$2.1M
BBVXFBanco Bilbao Vizcaya Argenta	0.6%	0.6%	84,200	+7.1%	$2.1M
CIBGrupo Cibest SA Fsponsored ADR 1 ADR Rep	0.6%	0.6%	25,600	+7.1%	$2.0M
SITMSitime Corp	0.6%	—	2,700	—	$2.0M
NWGNatwest Group PLC	0.6%	—	114,000	—	$2.0M
HMYHarmony Gold Mng Ltd	0.5%	0.6%	125,400	+7.2%	$1.9M
ECEcopetrol SA	0.5%	0.5%	133,500	+22.5%	$1.9M
MITSFMitsubishi Ufj Financial Gro	0.5%	0.5%	95,000	+7.1%	$1.9M
MTArcelormittal	0.5%	—	30,900	—	$1.9M
ARGNFArgenx SE	0.5%	—	1,950	—	$1.8M
SHGShinhan Financial Group Co L	0.5%	—	28,200	—	$1.8M
XBISpdr Series Trust	0.5%	—	11,000	—	$1.7M
UBSUbs Group AG	0.5%	—	35,100	—	$1.7M
NVONovo-Nordisk A S	0.5%	—	34,700	—	$1.7M
BIDUBaidu Inc	0.5%	0.5%	14,525	+6.6%	$1.7M

What Barometer Capital Management Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

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

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: +23.6% /yr; S&P 500 +20.1%
3 years: +30.1% /yr; S&P 500 +20.4%
5 years: +17.1% /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	$359.8M	136
Q1 2026	$292.2M	114
Q4 2025	$415.3M	131
Q3 2025	$437.3M	173
Q2 2025	$361.8M	178
Q1 2025	$268.5M	146
Q4 2024	$249.7M	133
Q3 2024	$346.7M	161
Q2 2024	$259.3M	173
Q1 2024	$385.5M	173
Q4 2023	$352.7M	177
Q3 2023	$317.3M	104

Questions about Barometer Capital Management Inc.'s portfolio

What stocks does Barometer Capital Management Inc. own?

Barometer Capital Management Inc.'s latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 136 positions worth $359.8M. The largest are Caterpillar Inc (CAT) at 4.9%, Lam Research Corp (LRCX) at 4.1%, Hudbay Minerals Inc (HBM) at 3.7%, Howmet Aerospace Inc (HWM) at 3.7% and Royal Bk Cda (RY) at 3.4%.

What did Barometer Capital Management Inc. buy last quarter?

In Q2 2026, Barometer Capital Management Inc. added Banco Santander SA (SAN) (+251.3% shares), Ge Vernova Inc (GEV) (+86.1% shares) and Nvidia Corporation (NVDA) (+48.7% shares), compared with its Q1 2026 filing.

What did Barometer Capital Management Inc. sell last quarter?

In Q2 2026, Barometer Capital Management Inc. cut from its top 50 Suncor Energy Inc New (SU), cut from its top 50 Alamos Gold Inc (AGI), cut from its top 50 Nutrien Ltd (NTR), cut from its top 50 Agnico Eagle Mines Ltd (AEM), cut from its top 50 Bunge Global SA (BG) and Canadian Pacific Kansas City (CP) (-39.8% shares), compared with its Q1 2026 filing.

How has Barometer Capital Management Inc.'s portfolio performed?

A portfolio copying Barometer Capital Management Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +30.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +23.6% against +20.1%. Over 5 years: +17.1% a year against +11.6%.

When is Barometer Capital Management Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Barometer Capital Management Inc.'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 Barometer Capital Management Inc. manage?

Barometer Capital Management Inc. reported $737.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $359.8M.