Barometer Capital Management Inc 13F annual report

Barometer Capital Management Inc is an investment fund managing more than $259 billion ran by Ron Kelterborn. There are currently 173 companies in Mr. Kelterborn’s portfolio. The largest investments include Eli Lilly & Co and NVIDIA Corp, together worth $25.8 billion.

Limited to 30 biggest holdings

$259 billion Assets Under Management (AUM)

As of 2nd August 2024, Barometer Capital Management Inc’s top holding is 14,490 shares of Eli Lilly & Co currently worth over $13.1 billion and making up 5.1% of the portfolio value. In addition, the fund holds 102,780 shares of NVIDIA Corp worth $12.7 billion, whose value fell 85.4% in the past six months. The third-largest holding is Agnico Eagle Mines Ltd worth $12.4 billion and the next is Microsoft worth $12.3 billion, with 27,604 shares owned.

Currently, Barometer Capital Management Inc's portfolio is worth at least $259 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Barometer Capital Management Inc

The Barometer Capital Management Inc office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Ron Kelterborn serves as the Chief Compliance Officer at Barometer Capital Management Inc.

Recent trades

In the most recent 13F filing, Barometer Capital Management Inc revealed that it had opened a new position in TC and bought 162,440 shares worth $8.42 billion. This means they effectively own approximately 0.1% of the company. TC makes up 78.2% of the fund's Energy sector allocation and has grown its share price by 19.4% in the past year.

The investment fund also strengthened its position in NVIDIA Corp by buying 88,022 additional shares. This makes their stake in NVIDIA Corp total 102,780 shares worth $12.7 billion. NVIDIA Corp dropped 75.3% in the past year.

On the other hand, there are companies that Barometer Capital Management Inc is getting rid of from its portfolio. Barometer Capital Management Inc closed its position in Imperial Oil on 9th August 2024. It sold the previously owned 158,580 shares for $15 billion. Ron Kelterborn also disclosed a decreased stake in Eli Lilly & Co by 0.1%. This leaves the value of the investment at $13.1 billion and 14,490 shares.

One of the smaller hedge funds

The two most similar investment funds to Barometer Capital Management Inc are Pennsylvania Capital Management Inc adv and Millstreet Capital Management. They manage $259 billion and $259 billion respectively.


Ron Kelterborn investment strategy

Barometer Capital Management Inc’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 19.9% of the total portfolio value. The fund focuses on investments in the United States as 17.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 31% of the total holdings value. On the other hand, small-cap stocks make up only 4.0% of the portfolio. The average market cap of the portfolio companies is close to $96.2 billion.

The complete list of Barometer Capital Management Inc trades based on 13F SEC filings

These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Imperial Oil Ltd.
Closed
158,580
$15,009,597,000
Canadian Natural Resources Ltd.
Closed
142,120
$14,825,958,000
Thomson-Reuters Corp
Closed
64,710
$13,455,150,000
Eli Lilly & Co
13.46%
14,490
$13,118,956,000 5.06%
Canadian Imperial Bank Of Commerce
Closed
199,211
$12,801,299,000
NVIDIA Corp
596.44%
102,780
$12,697,441,000 4.90%
Agnico Eagle Mines Ltd
13.30%
138,390
$12,383,137,000 4.77%
Microsoft Corporation
10.59%
27,604
$12,337,608,000 4.76%
Costco Wholesale Corp
8.78%
12,895
$10,945,031,000 4.22%
JPMorgan Chase & Co.
13.60%
50,905
$10,239,302,000 3.95%
Meta Platforms Inc
11.76%
19,945
$10,056,668,000 3.88%
Visa Inc
Closed
34,321
$9,218,964,000
Stantec Inc
15.90%
80,160
$9,180,725,000 3.54%
Eaton Corp Plc
10.52%
28,428
$8,883,705,000 3.43%
Progressive Corp/the
11.93%
42,788
$8,883,281,000 3.43%
Reinsurance Group Of America, Inc.
3.15%
42,335
$8,690,105,000 3.35%
TC Energy Corporation
Opened
162,440
$8,424,138,000 3.25%
Restaurant Brands International Inc
Closed
77,500
$8,094,100,000
Citigroup Inc
3.16%
126,800
$7,970,039,000 3.07%
Canadian Pacific Kansas City Ltd
Closed
72,790
$7,861,320,000
Allstate Corp/the
Closed
45,400
$7,720,724,000
Suncor Energy, Inc.
Closed
141,050
$7,409,357,000
Freeport-McMoRan Inc
16.82%
149,790
$7,258,494,000 2.80%
International Business Machines Corp.
Closed
41,751
$6,939,016,000
NextEra Energy Inc
Opened
94,110
$6,663,929,000 2.57%
Simon Property Group, Inc.
14.84%
33,850
$5,138,430,000 1.98%
General Dynamics Corp.
3.91%
17,686
$5,105,842,000 1.97%
Manulife Financial Corp.
201.38%
125,674
$4,578,304,000 1.77%
Axon Enterprise Inc
Closed
14,158
$4,440,798,000
Shopify Inc
Closed
43,530
$4,243,304,000
Teck Resources Ltd
Closed
59,730
$4,043,124,000
Stryker Corp.
19.37%
11,865
$4,037,066,000 1.56%
Mckesson Corporation
15.48%
6,757
$3,946,358,000 1.52%
Vertex Pharmaceuticals, Inc.
Closed
9,827
$3,860,144,000
BWX Technologies Inc
12.72%
40,620
$3,858,900,000 1.49%
Qualcomm, Inc.
Opened
18,090
$3,603,166,000 1.39%
Howmet Aerospace Inc.
11.34%
44,190
$3,430,470,000 1.32%
Goldman Sachs Group Inc/the
Opened
7,478
$3,382,449,000 1.30%
Amazon.com Inc.
9.98%
17,145
$3,313,271,000 1.28%
Motorola Solutions Inc
Opened
7,897
$3,048,637,000 1.18%
Vulcan Materials Co
26.20%
12,097
$3,008,282,000 1.16%
Alphabet Inc
Opened
15,870
$2,890,721,000 1.11%
Bellring Brands Inc
21.49%
50,590
$2,890,713,000 1.11%
Royal Bank Of Canada
Closed
20,301
$2,708,356,000
Unity Software Inc.
No change
158,022
$2,569,438,000 0.99%
Bank of Montreal
Closed
20,389
$2,514,371,000
Bank Of America Corp.
16.36%
53,950
$2,145,592,000 0.83%
Southern Co/the
Opened
27,640
$2,144,035,000 0.83%
Walt Disney Co/the
Closed
19,200
$2,133,120,000
ServiceNow Inc
Closed
3,034
$2,103,563,000
Rio Tinto plc
Opened
31,250
$2,060,313,000 0.79%
TFI International Inc
Closed
11,100
$1,990,008,000
Celestica, Inc.
Closed
29,800
$1,782,338,000
Uber Technologies Inc
Closed
26,280
$1,741,576,000
Crane Co
26.58%
11,160
$1,617,977,000 0.62%
Valero Energy Corp.
Opened
9,250
$1,440,437,000 0.56%
Elf Beauty Inc
Closed
8,059
$1,309,829,000
Broadcom Inc.
13.55%
7,582
$1,217,313,000 0.47%
Cameco Corp.
Opened
17,400
$1,172,586,000 0.45%
Bank Of Nova Scotia/the
187.84%
18,134
$1,115,596,000 0.43%
CGI Inc
Closed
7,300
$1,018,277,000
Waste Connections Inc
59.20%
4,170
$999,320,000 0.39%
Descartes Systems Group Inc/the
Closed
7,800
$996,060,000
Ishares Bitcoin Trust
15.98%
28,300
$966,162,000 0.37%
Sprott Physical Gold Trust
1.17%
51,850
$936,411,000 0.36%
Ishares S&p Mid-cap 400 Value Etf
Closed
8,400
$932,904,000
Vaneck Gold Miners Etf/usa
3.99%
26,450
$897,449,000 0.35%
Sprott Physical Silver Trust
22.33%
84,900
$843,057,000 0.33%
First Trust Rising Dividend Achievers ETF
3.40%
15,220
$833,295,000 0.32%
Spdr S&p Capital Markets Etf
10.78%
7,450
$821,661,000 0.32%
Dexcom Inc
Closed
6,350
$808,927,000
Spdr S&p Insurance Etf
23.38%
15,830
$788,809,000 0.30%
Invesco Aerospace & Defense Etf
Opened
7,570
$777,590,000 0.30%
Vanguard Industrials Etf
13.18%
3,295
$775,050,000 0.30%
Vaneck Junior Gold Miners Etf
14.02%
18,400
$775,008,000 0.30%
Spdr S&p Metals & Mining Etf
No change
12,900
$765,357,000 0.30%
Global X Us Infrastructure Development Etf
Closed
20,150
$755,424,000
First Trust Rba American Industrial Renaissance Etf
18.28%
11,000
$751,410,000 0.29%
Pacer Us Cash Cows 100 Etf
Closed
13,500
$740,340,000
First Trust Materials Alphadex Fund
Closed
11,000
$740,304,000
Ishares U.s. Home Construction Etf
Closed
7,050
$732,143,000
First Trust Smid Cap Rising Dividend Achievers Etf
7.23%
21,800
$727,684,000 0.28%
Amplify Junior Silver Miners Etf
Opened
63,800
$722,216,000 0.28%
Ishares Msci Mexico Etf
Closed
10,900
$713,732,000
First Trust Industrials/producer Durables Alphadex Fund
Closed
10,400
$712,608,000
iShares Global Timber & Forestry ETF
Closed
9,000
$712,080,000
Spdr Euro Stoxx 50 Etf
2.07%
14,200
$710,426,000 0.27%
Wisdomtree India Earnings Fund
7.05%
14,500
$700,060,000 0.27%
Owens Corning
38.46%
4,000
$692,531,000 0.27%
First Trust NASDAQ Technology Dividend Index Fund
Opened
8,800
$665,808,000 0.26%
First Trust Water Etf
Opened
6,600
$659,868,000 0.25%
Materials Select Sector Spdr Fund
9.76%
7,400
$653,494,000 0.25%
Global X Uranium Etf
15.38%
22,500
$651,375,000 0.25%
Vaneck Steel Etf
Closed
9,400
$647,089,000
Global X Copper Miners Etf
32.18%
13,700
$618,007,000 0.24%
Ishares Msci Global Metals & Mining Producers Etf
19.78%
14,600
$596,118,000 0.23%
Financial Select Sector Spdr Fund
17.34%
14,300
$587,873,000 0.23%
Ishares Msci Japan Etf
Closed
8,670
$583,231,000
Pacer Us Small Cap Cash Cows 100 Etf
Closed
12,400
$568,664,000
Ishares Global Industrials Etf
Closed
4,200
$566,328,000
Spdr S&p Oil & Gas Equipment & Services Etf
24.49%
6,100
$554,185,000 0.21%
Vanguard S&p 500 Value Etf
Closed
3,200
$553,248,000
Sun Life Financial, Inc.
Closed
7,604
$534,485,000
First Trust Natural Gas Etf
Opened
20,200
$530,856,000 0.20%
Vaneck Environmental Services Etf
106.67%
3,100
$528,711,000 0.20%
Invesco S&p Midcap Momentum Et
Opened
4,600
$524,354,000 0.20%
Invesco NASDAQ Internet ETF
Opened
12,100
$496,826,000 0.19%
Spdr S&p Oil & Gas Exploration & Production Etf
32.65%
3,300
$480,051,000 0.19%
Crowdstrike Holdings Inc
Closed
1,588
$464,554,000
Wisdomtree Japan Hedged Equity Fund
Opened
4,108
$463,465,000 0.18%
Invesco Exchange-traded Fund Trust Invesco Dorsey Wright Utilities Momentum Etf
Closed
13,500
$458,055,000
Banco Macro Sa
26.00%
7,971
$442,432,000 0.17%
Merck & Co Inc
Closed
3,200
$413,504,000
Amplify Transformational Data Sharing Etf
25.16%
11,600
$411,452,000 0.16%
Amplify Online Retail ETF
Closed
7,700
$410,469,000
Spdr S&p Biotech Etf
Closed
4,800
$406,176,000
Grupo Financiero Galicia Sa
22.75%
13,584
$405,507,000 0.16%
Utilities Select Sector Spdr Fund
Opened
5,800
$395,212,000 0.15%
Sumitomo Mitsui Financial Group Inc
13.41%
29,054
$389,614,000 0.15%
Global X Msci Argentina Etf
19.64%
6,700
$380,627,000 0.15%
Harmony Gold Mining Co Ltd
19.75%
39,819
$365,140,000 0.14%
Cia De Minas Buenaventura Saa
Closed
20,922
$361,951,000
Mizuho Financial Group, Inc.
11.95%
83,272
$352,241,000 0.14%
Ishares U.s. Transportation Etf
Closed
5,400
$347,274,000
Trip.com Group Ltd
21.68%
7,227
$339,669,000 0.13%
Full Truck Alliance Co. Ltd.
10.00%
41,417
$332,993,000 0.13%
Korea Electric Power
Closed
43,215
$330,595,000
UBS Group AG
Opened
10,889
$321,661,000 0.12%
Alerian Mlp Etf
549.02%
6,620
$317,628,000 0.12%
Hello Group Inc
16.36%
51,204
$313,368,000 0.12%
Alibaba Group Holding Ltd
2.38%
4,304
$309,888,000 0.12%
Pearson plc
3.12%
24,811
$309,641,000 0.12%
Banco Bilbao Vizcaya Argentaria Sa
11.83%
30,563
$306,547,000 0.12%
KE Holdings Inc.
Closed
20,047
$303,111,000
TotalEnergies SE
4.27%
4,489
$299,327,000 0.12%
Arista Networks Inc
Closed
1,161
$297,866,000
Vaneck Pharmaceutical Etf
Closed
3,400
$297,704,000
Himax Technologies
Opened
36,300
$288,222,000 0.11%
Genmab A/s
Closed
10,337
$286,232,000
Flexshares Morningstar Global Upstream Natural Resources Index Fund
Opened
7,100
$284,994,000 0.11%
Petroleo Brasileiro Sa
2.49%
19,562
$283,453,000 0.11%
Gds Holdings Ltd
Opened
29,800
$276,842,000 0.11%
Arcelormittal Sa
Closed
10,969
$274,335,000
Gold Fields Ltd
6.69%
18,146
$270,375,000 0.10%
Centrais Eletricas Brasileiras Sa
Closed
36,325
$267,352,000
Grupo Aeroportuario Del Centro Norte Sab De Cv
No change
3,950
$267,218,000 0.10%
Baidu Inc
2.39%
3,065
$265,061,000 0.10%
POSCO Holdings Inc
Closed
3,695
$264,377,000
Bilibili Inc
Opened
16,700
$257,848,000 0.10%
iShares MSCI China ETF
Opened
6,100
$257,237,000 0.10%
Li Auto Inc.
Closed
9,687
$254,574,000
Sasol Ltd
7.05%
33,421
$254,334,000 0.10%
Tim Sa/brazil
2.95%
17,434
$249,655,000 0.10%
JinkoSolar Holding Co. Ltd
23.98%
11,376
$235,711,000 0.09%
Sea Ltd
Opened
3,300
$235,686,000 0.09%
Galapagos NV
22.03%
9,417
$233,353,000 0.09%
Koninklijke Philips Nv
Opened
9,200
$231,840,000 0.09%
Legend Biotech Corp
Closed
5,238
$229,110,000
Novagold Resources Inc.
Opened
46,405
$222,280,000 0.09%
Cia Siderurgica Nacional Sa
Closed
81,259
$218,587,000
Novo Nordisk A/s
Opened
1,530
$218,392,000 0.08%
Zai Lab Ltd
Opened
12,500
$216,625,000 0.08%
Ishares Latin America 40 Etf
Closed
7,900
$216,302,000
Intuitive Surgical Inc
Opened
480
$213,528,000 0.08%
Wipro Ltd.
Opened
34,900
$212,890,000 0.08%
Nokia Oyj
Opened
55,500
$207,970,000 0.08%
Taiwan Semiconductor Manufacturing Co Ltd
65.85%
1,193
$207,355,000 0.08%
Mitsubishi UFJ Financial Group, Inc.
Opened
18,800
$203,040,000 0.08%
Embraer Sa
Opened
7,700
$198,660,000 0.08%
Vodafone Group plc
Opened
22,300
$197,801,000 0.08%
Prudential plc
Opened
10,700
$196,024,000 0.08%
SK Telecom Co Ltd
Opened
9,200
$192,556,000 0.07%
Pampa Energia SA
Opened
4,300
$190,318,000 0.07%
ASE Technology Holding Co.Ltd
Opened
17,100
$189,832,000 0.07%
Turkcell Iletisim Hizmetleri As
60.71%
24,916
$188,863,000 0.07%
JD.com Inc
Opened
7,300
$188,632,000 0.07%
Rlx Technology Inc
Opened
102,400
$188,416,000 0.07%
Kanzhun Ltd
Opened
10,000
$188,100,000 0.07%
Xpeng Inc.
Opened
25,600
$187,648,000 0.07%
CRH Plc
Opened
2,500
$187,450,000 0.07%
Fresenius Medical Care AG
Opened
9,800
$187,082,000 0.07%
Hutchmed China Ltd
Opened
10,900
$186,608,000 0.07%
Ypf Sa
Opened
9,200
$185,104,000 0.07%
Weibo Corp
Opened
24,000
$184,320,000 0.07%
Criteo Sa
59.99%
4,868
$183,621,000 0.07%
BioNTech SE
Opened
2,260
$181,614,000 0.07%
New Oriental Education & Technology Group Inc.
Opened
2,300
$178,779,000 0.07%
Kingsoft Cloud Holdings Ltd
Opened
70,700
$177,457,000 0.07%
NatWest Group plc
60.80%
21,924
$176,050,000 0.07%
Brf Sa
60.80%
43,076
$175,319,000 0.07%
Cia Paranaense De Energia - Copel
Opened
26,100
$174,609,000 0.07%
Grupo Aeroportuario Del Sureste Sab De Cv
Opened
580
$173,722,000 0.07%
Endava plc
Opened
5,900
$172,516,000 0.07%
KB Financial Group Inc
59.12%
3,043
$172,264,000 0.07%
Barclays plc
60.75%
15,765
$168,843,000 0.07%
Grupo Televisa SAB
Opened
60,500
$167,585,000 0.06%
ASML Holding NV
61.61%
162
$165,376,000 0.06%
Silicon Motion Technology Corp
61.12%
2,036
$164,896,000 0.06%
Verona Pharma Plc
Opened
11,400
$164,844,000 0.06%
Fomento Economico Mexicano Sab De Cv
Opened
1,535
$163,791,000 0.06%
iQIYI Inc
Opened
44,500
$163,315,000 0.06%
Cia De Saneamento Basico Do Estado De Sao Paulo Sabesp
Opened
12,100
$162,745,000 0.06%
Qifu Technology Inc.
61.03%
8,238
$162,536,000 0.06%
Futu Holdings Ltd
60.26%
2,308
$151,416,000 0.06%
Celestica, Inc.
Opened
1,900
$148,846,000 0.06%
Alamos Gold Inc.
63.41%
6,700
$143,782,000 0.06%
Tenaris Sa
Opened
4,700
$143,444,000 0.06%
Intercontinental Hotels Group Plc
64.03%
1,348
$142,821,000 0.06%
Ultrapar Participacoes Sa
Opened
35,700
$139,587,000 0.05%
Banco Santander Sa
60.72%
29,693
$137,479,000 0.05%
Ascendis Pharma A/S
67.65%
1,004
$136,926,000 0.05%
Bancolombia Sa
61.60%
4,114
$134,322,000 0.05%
HSBC Holdings plc
59.90%
3,080
$133,980,000 0.05%
PLDT Inc
60.20%
5,224
$128,301,000 0.05%
United Microelectronics Corp
60.74%
15,447
$128,283,000 0.05%
GSK Plc
59.59%
3,323
$127,936,000 0.05%
Zto Express Cayman Inc
61.34%
6,114
$126,866,000 0.05%
AeroVironment Inc.
Opened
693
$126,237,000 0.05%
Apple Inc
Opened
592
$124,687,000 0.05%
BP plc
61.02%
3,450
$124,545,000 0.05%
Dada Nexus Ltd
Opened
98,800
$124,488,000 0.05%
Olink Holding Ab
60.43%
4,714
$120,113,000 0.05%
Eni Spa
61.76%
3,653
$112,476,000 0.04%
Daqo New Energy Corp
Opened
7,700
$112,420,000 0.04%
Sony Group Corp
64.53%
1,319
$112,049,000 0.04%
Equinor ASA
61.94%
3,871
$110,556,000 0.04%
Woodside Energy Group Ltd
61.05%
5,806
$109,211,000 0.04%
Cia Cervecerias Unidas Sa
60.64%
9,543
$108,599,000 0.04%
Lufax Holding Ltd
Opened
44,600
$105,702,000 0.04%
James Hardie Industries plc
59.10%
3,252
$102,568,000 0.04%
Enel Chile Sa
60.88%
36,302
$101,646,000 0.04%
Technology Select Sector Spdr Fund
Closed
400
$78,508,000
Ishares Semiconductor Etf
Closed
282
$60,345,000
Industrial Select Sector Spdr Fund
Closed
430
$52,254,000
Jpmorgan Ultra-short Income Etf
Closed
890
$44,681,000
Ishares U.s. Aerospace & Defense Etf
Closed
330
$42,851,000
Alphabet Inc
Closed
240
$39,514,000
Mastercard Incorporated
Closed
80
$36,096,000
SmartRent Inc
Closed
11,800
$27,376,000
Franco-Nevada Corporation
Closed
130
$21,544,000
Shell Plc
Closed
149
$10,677,000
No transactions found
Showing first 500 out of 241 holdings