Exploring the Strategic Moves in EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio)'s Latest N-PORT Filing

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EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) recently submitted its N-PORT filing for the fourth quarter of 2024, offering a glimpse into its strategic investment decisions during this period. The portfolio is dedicated to achieving long-term capital appreciation by focusing on Canadian companies that possess strong competitive positions, robust barriers to entry, promising growth prospects, and competent management teams. The investment team, known for its diverse experience and skills, collaborates to take ownership of their investment ideas, leveraging past experiences to fulfill various mandates. This team-based approach allows them the freedom to conduct thorough research, ensuring a deep understanding of the businesses they invest in.

Summary of New Buy

EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) added a total of 10 stocks, among them:

• The most significant addition was Applied Materials Inc (NASDAQ:AMAT), with 175,938 shares, accounting for 1.08% of the portfolio and a total value of $41.13 million.
• The second largest addition to the portfolio was AMETEK Inc (NYSE:AME), consisting of 104,227 shares, representing approximately 0.71% of the portfolio, with a total value of $27.01 million.
• The third largest addition was Roche Holding AG (XSWX:ROG), with 60,672 shares, accounting for 0.64% of the portfolio and a total value of CHF 24,553,000.

Key Position Increases

EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) also increased stakes in a total of 17 stocks, among them:

• The most notable increase was Altus Group Ltd (TSX:AIF), with an additional 618,227 shares, bringing the total to 1,308,147 shares. This adjustment represents a significant 89.61% increase in share count, a 0.91% impact on the current portfolio, with a total value of C$73.26 million.
• The second largest increase was Linamar Corp (TSX:LNR), with an additional 468,520 shares, bringing the total to 714,876. This adjustment represents a significant 190.18% increase in share count, with a total value of C$40.60 million.

Summary of Sold Out

EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) completely exited 4 holdings in the fourth quarter of 2024, as detailed below:

• CAE Inc (TSX:CAE): EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) sold all 2,765,496 shares, resulting in a -2.1% impact on the portfolio.
• Gentex Corp (NASDAQ:GNTX): EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) liquidated all 258,968 shares, causing a -0.36% impact on the portfolio.

Key Position Reduces

EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio) also reduced positions in 21 stocks. The most significant changes include:

• Reduced CES Energy Solutions Corp (TSX:CEU) by 3,406,710 shares, resulting in an -18.15% decrease in shares and a -0.78% impact on the portfolio. The stock traded at an average price of C$8.24 during the quarter and has returned -24.98% over the past 3 months and -24.98% year-to-date.
• Reduced Dayforce Inc (TSX:DAY) by 226,656 shares, resulting in a -42.29% reduction in shares and a -0.46% impact on the portfolio. The stock traded at an average price of C$88.57 during the quarter and has returned -19.65% over the past 3 months and -19.65% year-to-date.

Portfolio Overview

At the end of the fourth quarter of 2024, EDGEPOINT CANADIAN PORTFOLIO (Trades, Portfolio)'s portfolio included 70 stocks. The top holdings included 11.34% in Fairfax Financial Holdings Ltd (TSX:FFH), 6.54% in Osisko Gold Royalties Ltd (TSX:OR), 5.27% in Constellation Software Inc (TSX:CSU), 4.42% in Restaurant Brands International Inc (TSX:QSR), and 4% in CES Energy Solutions Corp (TSX:CEU).

The holdings are mainly concentrated in 10 of the 11 industries: Financial Services, Technology, Industrials, Energy, Basic Materials, Consumer Cyclical, Real Estate, Healthcare, Utilities, and Consumer Defensive.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.