# EDGAR Filing Document

**Accession Number:** 0001715635
**File Stem:** 0001715635-25-000004
**Filing Date:** 2025-8
**Character Count:** 12209
**Document Hash:** 204702100da9479f9a76f6e9134ea7f1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001715635-25-000004.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001715635-25-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**EFFECTIVENESS DATE**: 20250805

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ninepoint Partners LP
- **CENTRAL INDEX KEY:** 0001715635

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18158
- **FILM NUMBER:** 251183607

**BUSINESS ADDRESS:**
- **STREET 1:** 200 BAY STREET, SUITE 2700, PO BOX 27
- **STREET 2:** ROYAL BANK PLAZA, SOUTH TOWER
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5J 2J1
- **BUSINESS PHONE:** 416-362-7172

**MAIL ADDRESS:**
- **STREET 1:** 200 BAY STREET, SUITE 2700, PO BOX 27
- **STREET 2:** ROYAL BANK PLAZA, SOUTH TOWER
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5J 2J1

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPR & Co LP
- **DATE OF NAME CHANGE:** 20170825

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Ninepoint Partners LP<br>**Address:** 200 BAY STREET SUITE 2700 PO BOX 27<br>ROYAL BANK PLAZA SOUTH TOWER<br>TORONTO, A6 M5J 2J1

**Form 13F File Number:** 028-18158

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:** Kirstin McTaggart<br>**Title:** Partner CAO/CCO<br>**Phone:** 1-416-943-4065

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

Kirstin McTaggart  Toronto, A6  08-05-2025<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:** 87

**Form 13F Information Table Value Total:** $607364625

      (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 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 756043 | 5328 | SH |  | SOLE |  | 5328 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 7573106 | 63677 | SH |  | SOLE |  | 63677 | 0 | 0 |
| ALAMOS GOLD INC CLASS A | COM | 011311107 |  | 8764800 | 330000 | SH |  | SOLE |  | 330000 | 0 | 0 |
| ALPHABET INC CLASS C | COM | 02079K107 |  | 988949 | 5575 | SH |  | SOLE |  | 5575 | 0 | 0 |
| AMAZON INC | COM | 023135106 |  | 994275 | 4532 | SH |  | SOLE |  | 4532 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 1342159 | 13975 | SH |  | SOLE |  | 13975 | 0 | 0 |
| AMERICAN ELECTRIC POWER INC | COM | 025537101 |  | 1482523 | 14288 | SH |  | SOLE |  | 14288 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 2595217 | 11742 | SH |  | SOLE |  | 11742 | 0 | 0 |
| AMPHENOL CORP CLASS A | COM | 032095101 |  | 851423 | 8622 | SH |  | SOLE |  | 8622 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 56392000 | 1400000 | SH |  | SOLE |  | 1400000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 150595 | 734 | SH |  | SOLE |  | 734 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 764903 | 729 | SH |  | SOLE |  | 729 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 805790 | 7502 | SH |  | SOLE |  | 7502 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1666029 | 6044 | SH |  | SOLE |  | 6044 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 3711500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF COMMERCE | COM | 136069101 |  | 3460400 | 48855 | SH |  | SOLE |  | 48855 | 0 | 0 |
| CANADIAN NATURAL RESOURCES LTD | COM | 136385101 |  | 2836488 | 90334 | SH |  | SOLE |  | 90334 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY LTD | COM | 13646K108 |  | 1519210 | 19165 | SH |  | SOLE |  | 19165 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 8160000 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| CHENIERE ENERGY INC | COM | 16411R208 |  | 1531984 | 6291 | SH |  | SOLE |  | 6291 | 0 | 0 |
| CHORD ENERGY CORP | COM | 674215207 |  | 4842500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC CLASS A | COM | 172573107 |  | 271935 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| CME GROUP INC CLASS A | COM | 12572Q105 |  | 584314 | 2120 | SH |  | SOLE |  | 2120 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 1437421 | 20748 | SH |  | SOLE |  | 20748 | 0 | 0 |
| COINBASE GLOBAL INC CLASS A | COM | 19260Q107 |  | 2162523 | 6170 | SH |  | SOLE |  | 6170 | 0 | 0 |
| COLLECTIVE MINING LTD | COM | 19425C100 |  | 4211900 | 385000 | SH |  | SOLE |  | 385000 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 1752587 | 5430 | SH |  | SOLE |  | 5430 | 0 | 0 |
| COSTCO WHOLESALE CORP | COM | 22160K105 |  | 898866 | 908 | SH |  | SOLE |  | 908 | 0 | 0 |
| DELL TECHNOLOGIES INC CLASS C | COM | 24703L202 |  | 708260 | 5777 | SH |  | SOLE |  | 5777 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 427700 | 235000 | SH |  | SOLE |  | 235000 | 0 | 0 |
| DUKE ENERGY CORP | COM | 26441C204 |  | 1483614 | 12573 | SH |  | SOLE |  | 12573 | 0 | 0 |
| EATON CORP PLC | COM | G29183103 |  | 743253 | 2082 | SH |  | SOLE |  | 2082 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 4684230 | 103359 | SH |  | SOLE |  | 103359 | 0 | 0 |
| ENERGY TRANSFER | COM | 29273V100 |  | 1429224 | 78832 | SH |  | SOLE |  | 78832 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 93312000 | 1600000 | SH |  | SOLE |  | 1600000 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 1415141 | 1779 | SH |  | SOLE |  | 1779 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 376848 | 47945 | SH |  | SOLE |  | 47945 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 1432250 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| EXPAND ENERGY CORP | COM | 165167735 |  | 93552000 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 2913153 | 61034 | SH |  | SOLE |  | 61034 | 0 | 0 |
| FREEPORT MCMORAN INC | COM | 35671D857 |  | 2601000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 764093 | 1444 | SH |  | SOLE |  | 1444 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 852131 | 1204 | SH |  | SOLE |  | 1204 | 0 | 0 |
| HUT 8 CORP | COM | 44812J104 |  | 796043 | 42798 | SH |  | SOLE |  | 42798 | 0 | 0 |
| IAMGOLD CORP | COM | 450913108 |  | 3078915 | 418900 | SH |  | SOLE |  | 418900 | 0 | 0 |
| ISHARES 20 YR TR BD ETF | PUT | 464287952 |  | 52950000 | 600000 | SH | Put | SOLE |  | 600000 | 0 | 0 |
| JPMORGAN CHASE | COM | 46625H100 |  | 1143985 | 3946 | SH |  | SOLE |  | 3946 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 8312347 | 531820 | SH |  | SOLE |  | 531820 | 0 | 0 |
| MAG SILVER CORP | COM | 55903Q104 |  | 380340 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| MANULIFE FINANCIAL CORP | COM | 56501R106 |  | 4020248 | 125790 | SH |  | SOLE |  | 125790 | 0 | 0 |
| MASTERCARD INC CLASS A | COM | 57636Q104 |  | 779973 | 1388 | SH |  | SOLE |  | 1388 | 0 | 0 |
| META PLATFORMS INC CLASS A | COM | 30303M102 |  | 1091635 | 1479 | SH |  | SOLE |  | 1479 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 3181434 | 6396 | SH |  | SOLE |  | 6396 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 2637200 | 380000 | SH |  | SOLE |  | 380000 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 1454902 | 36066 | SH |  | SOLE |  | 36066 | 0 | 0 |
| NORTHERN OIL AND GAS INC | COM | 665531307 |  | 4252500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| NVIDIA CORP | COM | 67066G104 |  | 3334537 | 21106 | SH |  | SOLE |  | 21106 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1135346 | 5193 | SH |  | SOLE |  | 5193 | 0 | 0 |
| PAN AMERICAN SILVER CORP | COM | 697900108 |  | 1353402 | 47655 | SH |  | SOLE |  | 47655 | 0 | 0 |
| PAYPAL HOLDINGS INC | COM | 70450Y103 |  | 1238023 | 16658 | SH |  | SOLE |  | 16658 | 0 | 0 |
| PERMIAN RESOURCES CORP CLASS A | COM | 71424F105 |  | 4767000 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 1462828 | 43164 | SH |  | SOLE |  | 43164 | 0 | 0 |
| RANGE RESOURCES CORP | COM | 75281A109 |  | 61005000 | 1500000 | SH |  | SOLE |  | 1500000 | 0 | 0 |
| ROBINHOOD MARKETS INC CLASS A | COM | 770700102 |  | 1453980 | 15529 | SH |  | SOLE |  | 15529 | 0 | 0 |
| ROBLOX CORP CLASS A | COM | 771049103 |  | 984251 | 9356 | SH |  | SOLE |  | 9356 | 0 | 0 |
| ROYAL BANK OF CANADA | COM | 780087102 |  | 3428325 | 26061 | SH |  | SOLE |  | 26061 | 0 | 0 |
| SAP | COM | 803054204 |  | 732881 | 2410 | SH |  | SOLE |  | 2410 | 0 | 0 |
| SBA COMMUNICATIONS | COM | 78410G104 |  | 1993557 | 8489 | SH |  | SOLE |  | 8489 | 0 | 0 |
| SOUTH BOW CORP | COM | 83671M105 |  | 7773000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| SPDR S 500 | COM | 78462F103 |  | 32251770 | 52200 | SH |  | SOLE |  | 52200 | 0 | 0 |
| SPDR S 500 | PUT | 78462F953 |  | 37688850 | 61000 | SH | Put | SOLE |  | 61000 | 0 | 0 |
| SUN LIFE FINANCIAL INC | COM | 866796105 |  | 3232992 | 48653 | SH |  | SOLE |  | 48653 | 0 | 0 |
| SUNCOR ENERGY INC | COM | 867224107 |  | 3033263 | 80995 | SH |  | SOLE |  | 80995 | 0 | 0 |
| T MOBILE US INC | COM | 872590104 |  | 679756 | 2853 | SH |  | SOLE |  | 2853 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 1933330 | 6649 | SH |  | SOLE |  | 6649 | 0 | 0 |
| TARGA RESOURCES CORP | COM | 87612G101 |  | 1534341 | 8814 | SH |  | SOLE |  | 8814 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 2182767 | 44738 | SH |  | SOLE |  | 44738 | 0 | 0 |
| TELUS CORP | COM | 87971M103 |  | 3081609 | 191881 | SH |  | SOLE |  | 191881 | 0 | 0 |
| TJX INC | COM | 872540109 |  | 743410 | 6020 | SH |  | SOLE |  | 6020 | 0 | 0 |
| UNION PACIFIC CORP | COM | 907818108 |  | 1997324 | 8681 | SH |  | SOLE |  | 8681 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 765850 | 112625 | SH |  | SOLE |  | 112625 | 0 | 0 |
| VIPER ENERGY INC CLASS A | COM | 927959106 |  | 3813000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VISA INC CLASS A | COM | 92826C839 |  | 985974 | 2777 | SH |  | SOLE |  | 2777 | 0 | 0 |
| VIZSLA SILVER CORP | COM | 92859G608 |  | 4121660 | 1401925 | SH |  | SOLE |  | 1401925 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 947390 | 9689 | SH |  | SOLE |  | 9689 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 2235038 | 11970 | SH |  | SOLE |  | 11970 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 2190312 | 24391 | SH |  | SOLE |  | 24391 | 0 | 0 |

---