# EDGAR Filing Document

**Accession Number:** 0001569411
**File Stem:** 0001569411-26-000001
**Filing Date:** 2026-1
**Character Count:** 16009
**Document Hash:** 731b2347cc5e5c48e0cb3ff571611747
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001569411-26-000001.hdr.sgml**: 20260122

**ACCESSION NUMBER**: 0001569411-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260122

**DATE AS OF CHANGE**: 20260121

**EFFECTIVENESS DATE**: 20260122

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Addenda Capital Inc.
- **CENTRAL INDEX KEY:** 0001569411

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15211
- **FILM NUMBER:** 26549214

**BUSINESS ADDRESS:**
- **STREET 1:** 800, BOUL
- **STREET 2:** RENE-LEVESQUE OUEST BUREAU 2800
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3B 1X9
- **BUSINESS PHONE:** 514-287-7373

**MAIL ADDRESS:**
- **STREET 1:** 800, BOUL
- **STREET 2:** RENE-LEVESQUE OUEST BUREAU 2800
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3B 1X9

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Addenda Capital Inc.<br>**Address:** 800 BOUL<br>RENE-LEVESQUE OUEST BUREAU 2800<br>MONTREAL, A8 H3B 1X9

**Form 13F File Number:** 028-15211

**CRD Number (if applicable):** 000137034

**SEC File Number (if applicable):** 801-64799

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Francois Cardin<br>**Title:** Corporate Secretary General Counsel<br>**Phone:** 514 287 7373

**Signature, Place, and Date of Signing:**

/s/ Francois Cardin  Montreal, A8  01-21-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 125

**Form 13F Information Table Value Total:** $3407787876

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 6941066 | 55400 | SH |  | SOLE |  | 55400 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 9897717 | 28280 | SH |  | SOLE |  | 28280 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 155310041 | 667254 | SH |  | SOLE |  | 667254 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 118012397 | 2226649 | SH |  | SOLE |  | 2226649 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 11116115 | 35500 | SH |  | SOLE |  | 35500 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 56420612 | 179798 | SH |  | SOLE |  | 179798 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 37030588 | 160375 | SH |  | SOLE |  | 160375 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 26901794 | 198728 | SH |  | SOLE |  | 198728 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 58940064 | 216803 | SH |  | SOLE |  | 216803 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 7245828 | 291700 | SH |  | SOLE |  | 291700 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 129290607 | 725333 | SH |  | SOLE |  | 725333 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 108410041 | 1070928 | SH |  | SOLE |  | 1070928 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 15378604 | 463466 | SH |  | SOLE |  | 463466 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 7799804 | 129200 | SH |  | SOLE |  | 129200 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 24243579 | 4527 | SH |  | SOLE |  | 4527 | 0 | 0 |
| BOYD GROUP SERVICES INC | COM | 103310108 |  | 14892107 | 68067 | SH |  | SOLE |  | 68067 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 58075580 | 167800 | SH |  | SOLE |  | 167800 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 14835213 | 66229 | SH |  | SOLE |  | 66229 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 20062041 | 279027 | SH |  | SOLE |  | 279027 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 136007306 | 2158161 | SH |  | SOLE |  | 2158161 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 37965471 | 795755 | SH |  | SOLE |  | 795755 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 1268632 | 20360 | SH |  | SOLE |  | 20360 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 1608374 | 16536 | SH |  | SOLE |  | 16536 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 15141268 | 362752 | SH |  | SOLE |  | 362752 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 67621244 | 538043 | SH |  | SOLE |  | 538043 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 53512114 | 426376 | SH |  | SOLE |  | 426376 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 90071773 | 1913178 | SH |  | SOLE |  | 1913178 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 61630772 | 454002 | SH |  | SOLE |  | 454002 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 72800652 | 718820 | SH |  | SOLE |  | 718820 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 10769956 | 18800 | SH |  | SOLE |  | 18800 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 15233806 | 656064 | SH |  | SOLE |  | 656064 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 37900374 | 298946 | SH |  | SOLE |  | 298946 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 7090943 | 84567 | SH |  | SOLE |  | 84567 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 8120016 | 105400 | SH |  | SOLE |  | 105400 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 7438424 | 106400 | SH |  | SOLE |  | 106400 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 34258054 | 169640 | SH |  | SOLE |  | 169640 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 14686513 | 17031 | SH |  | SOLE |  | 17031 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 6680817 | 14300 | SH |  | SOLE |  | 14300 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 6297710 | 73000 | SH |  | SOLE |  | 73000 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 6974268 | 60900 | SH |  | SOLE |  | 60900 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 6307924 | 269800 | SH |  | SOLE |  | 269800 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 3264240 | 81200 | SH |  | SOLE |  | 81200 | 0 | 0 |
| EMERA INC | COM | 290876101 |  | 31246636 | 461955 | SH |  | SOLE |  | 461955 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 7764120 | 58500 | SH |  | SOLE |  | 58500 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 92874541 | 1414046 | SH |  | SOLE |  | 1414046 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 370754 | 19220 | SH |  | SOLE |  | 19220 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 19388273 | 75955 | SH |  | SOLE |  | 75955 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 8709300 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 6899808 | 525900 | SH |  | SOLE |  | 525900 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 12215405 | 171180 | SH |  | SOLE |  | 171180 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 57938470 | 203643 | SH |  | SOLE |  | 203643 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 16470222 | 191983 | SH |  | SOLE |  | 191983 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 4597533 | 56088 | SH |  | SOLE |  | 56088 | 0 | 0 |
| GRANITE REAL ESTATE INVT TR | TR UNIT NEW | 387437205 |  | 6193816 | 75529 | SH |  | SOLE |  | 75529 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5436780 | 15800 | SH |  | SOLE |  | 15800 | 0 | 0 |
| HONDA MOTOR LTD | ADR ECH CNV IN 3 | 438128308 |  | 5288712 | 179400 | SH |  | SOLE |  | 179400 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 382318 | 14030 | SH |  | SOLE |  | 14030 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 548780 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 9271373 | 31300 | SH |  | SOLE |  | 31300 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 22151987 | 33441 | SH |  | SOLE |  | 33441 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 13587489 | 60279 | SH |  | SOLE |  | 60279 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 5330014 | 21650 | SH |  | SOLE |  | 21650 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 7739930 | 37400 | SH |  | SOLE |  | 37400 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 27811775 | 86313 | SH |  | SOLE |  | 86313 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 1336476 | 34570 | SH |  | SOLE |  | 34570 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 15908611 | 37310 | SH |  | SOLE |  | 37310 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 16790765 | 69625 | SH |  | SOLE |  | 69625 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 11969514 | 163585 | SH |  | SOLE |  | 163585 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 38409545 | 770657 | SH |  | SOLE |  | 770657 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7649792 | 13400 | SH |  | SOLE |  | 13400 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 3172315 | 46299 | SH |  | SOLE |  | 46299 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 6112600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 7064210 | 73000 | SH |  | SOLE |  | 73000 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 9316458 | 87800 | SH |  | SOLE |  | 87800 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 7590805 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 |  | 9962520 | 183000 | SH |  | SOLE |  | 183000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 61733609 | 127649 | SH |  | SOLE |  | 127649 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 745620 | 15973 | SH |  | SOLE |  | 15973 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 8994991 | 165791 | SH |  | SOLE |  | 165791 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 15460563 | 241308 | SH |  | SOLE |  | 241308 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 9050962 | 105900 | SH |  | SOLE |  | 105900 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 45920515 | 246183 | SH |  | SOLE |  | 246183 | 0 | 0 |
| OR ROYALTIES INC. | COM SHS | 68390D106 |  | 1725959 | 35444 | SH |  | SOLE |  | 35444 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 32365784 | 618967 | SH |  | SOLE |  | 618967 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 15080569 | 104134 | SH |  | SOLE |  | 104134 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 7240920 | 290800 | SH |  | SOLE |  | 290800 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 13097808 | 62750 | SH |  | SOLE |  | 62750 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 5617752 | 39200 | SH |  | SOLE |  | 39200 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 3314990 | 40600 | SH |  | SOLE |  | 40600 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 10880870 | 77000 | SH |  | SOLE |  | 77000 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 18397410 | 76379 | SH |  | SOLE |  | 76379 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 30074265 | 318202 | SH |  | SOLE |  | 318202 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 7330748 | 91600 | SH |  | SOLE |  | 91600 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 9101365 | 173989 | SH |  | SOLE |  | 173989 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 164449108 | 702804 | SH |  | SOLE |  | 702804 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 19324856 | 36979 | SH |  | SOLE |  | 36979 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 19937440 | 199554 | SH |  | SOLE |  | 199554 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 8507084 | 26254 | SH |  | SOLE |  | 26254 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 151039356 | 683436 | SH |  | SOLE |  | 683436 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1729544 | 2530 | SH |  | SOLE |  | 2530 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 10042263 | 77400 | SH |  | SOLE |  | 77400 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 5955061 | 70700 | SH |  | SOLE |  | 70700 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 4704317 | 18556 | SH |  | SOLE |  | 18556 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 10822955 | 30728 | SH |  | SOLE |  | 30728 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 9701546 | 113230 | SH |  | SOLE |  | 113230 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 46351957 | 760866 | SH |  | SOLE |  | 760866 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 5483976 | 18013 | SH |  | SOLE |  | 18013 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 70233361 | 918924 | SH |  | SOLE |  | 918924 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 11111692 | 169102 | SH |  | SOLE |  | 169102 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 229504 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 19926770 | 139823 | SH |  | SOLE |  | 139823 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 17094700 | 29483 | SH |  | SOLE |  | 29483 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 8784805 | 48500 | SH |  | SOLE |  | 48500 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 23950564 | 155918 | SH |  | SOLE |  | 155918 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 168573538 | 1303135 | SH |  | SOLE |  | 1303135 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 10606589 | 123692 | SH |  | SOLE |  | 123692 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 7902354 | 34162 | SH |  | SOLE |  | 34162 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 7875686 | 79400 | SH |  | SOLE |  | 79400 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 13547207 | 16739 | SH |  | SOLE |  | 16739 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 33837553 | 96483 | SH |  | SOLE |  | 96483 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 20723647 | 97089 | SH |  | SOLE |  | 97089 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 9501841 | 85100 | SH |  | SOLE |  | 85100 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 53061187 | 220427 | SH |  | SOLE |  | 220427 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 92046521 | 570442 | SH |  | SOLE |  | 570442 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 3640098 | 28931 | SH |  | SOLE |  | 28931 | 0 | 0 |

---