# EDGAR Filing Document

**Accession Number:** 0001927881
**File Stem:** 0001927881-25-000003
**Filing Date:** 2025-11
**Character Count:** 13015
**Document Hash:** 7313648c402bc2a167420400d45e240e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001927881-25-000003.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001927881-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EHP Funds Inc.
- **CENTRAL INDEX KEY:** 0001927881

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22509
- **FILM NUMBER:** 251476995

**BUSINESS ADDRESS:**
- **STREET 1:** 2300 YONGE STREET, UNIT 2002
- **CITY:** TORONTO
- **STATE:** Z4
- **ZIP:** M4P 1E4
- **BUSINESS PHONE:** 905-630-7424

**MAIL ADDRESS:**
- **STREET 1:** 2300 YONGE STREET, UNIT 2002
- **CITY:** TORONTO
- **STATE:** Z4
- **ZIP:** M4P 1E4

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** EHP Funds Inc.<br>**Address:** 2300 YONGE STREET UNIT 2002<br>TORONTO, Z4 M4P 1E4

**Form 13F File Number:** 028-22509

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:** Darryl DeMers<br>**Title:** CCO<br>**Phone:** 416-360-0310

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

/s/Darryl DeMers  Burlington, A6  11-13-2025<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:** 99

**Form 13F Information Table Value Total:** $113283072

      (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 |  | 215990 | 1335 | SH |  | SOLE |  | 1335 | 0 | 0 |
| AIRSCULPT TECHNOLOGIES INC | COM | 009496100 |  | 1223170 | 152515 | SH |  | SOLE |  | 152515 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1714842 | 7810 | SH |  | SOLE |  | 7810 | 0 | 0 |
| AMTECH SYS INC | COM PAR $0.01N | 032332504 |  | 233741 | 25242 | SH |  | SOLE |  | 25242 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 2664703 | 10465 | SH |  | SOLE |  | 10465 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1282992 | 24869 | SH |  | SOLE |  | 24869 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1365442 | 2716 | SH |  | SOLE |  | 2716 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 92459 | 10916 | SH |  | SOLE |  | 10916 | 0 | 0 |
| CVRX INC | COM | 126638105 |  | 273097 | 33841 | SH |  | SOLE |  | 33841 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 296293 | 2034 | SH |  | SOLE |  | 2034 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 287364 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 204665 | 2495 | SH |  | SOLE |  | 2495 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1311493 | 23110 | SH |  | SOLE |  | 23110 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 208621 | 946 | SH |  | SOLE |  | 946 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 176207 | 14733 | SH |  | SOLE |  | 14733 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 203078 | 5576 | SH |  | SOLE |  | 5576 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 658119 | 5929 | SH |  | SOLE |  | 5929 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 340533 | 10150 | SH |  | SOLE |  | 10150 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 478037 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 1273109 | 15894 | SH |  | SOLE |  | 15894 | 0 | 0 |
| ISHARES TR | CALL | 464287902 |  | 9249795 | 103500 | SH | Call | SOLE |  | 103500 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 4059500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 482040 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| LIGHTPATH TECHNOLOGIES INC | COM CL A | 532257805 |  | 142851 | 18014 | SH |  | SOLE |  | 18014 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 666099 | 873 | SH |  | SOLE |  | 873 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2227703 | 4301 | SH |  | SOLE |  | 4301 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 658253 | 4141 | SH |  | SOLE |  | 4141 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 249911 | 1934 | SH |  | SOLE |  | 1934 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 666856 | 3275 | SH |  | SOLE |  | 3275 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 296340 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 299448 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 240834 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 213998 | 630 | SH |  | SOLE |  | 630 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 526636 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 415535 | 3019 | SH |  | SOLE |  | 3019 | 0 | 0 |
| UNITED STS COMMODITY INDEX F | CM REP COPP FD | 911718104 |  | 3330000 | 111000 | SH |  | SOLE |  | 111000 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 360846 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| WERIDE INC | SPONSORED ADS | 950915108 |  | 116998 | 11818 | SH |  | SOLE |  | 11818 | 0 | 0 |
| NEXTRACKER INC | CLASS A COM | 65290E101 |  | 213313 | 2883 | SH |  | SOLE |  | 2883 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 8645328 | 14400 | SH |  | SOLE |  | 14400 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 500048 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| AMERESCO INC | CL A | 02361E108 |  | 215315 | 6412 | SH |  | SOLE |  | 6412 | 0 | 0 |
| ACUREN CORP | COM | 00510N102 |  | 872923 | 65584 | SH |  | SOLE |  | 65584 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 349238 | 1954 | SH |  | SOLE |  | 1954 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 263687 | 15111 | SH |  | SOLE |  | 15111 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 327575 | 1345 | SH |  | SOLE |  | 1345 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 964621 | 3968 | SH |  | SOLE |  | 3968 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 544999 | 88045 | SH |  | SOLE |  | 88045 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 365018 | 508 | SH |  | SOLE |  | 508 | 0 | 0 |
| ARTERIS INC | COM | 04302A104 |  | 176750 | 17500 | SH |  | SOLE |  | 17500 | 0 | 0 |
| BLEND LABS INC | CL A | 09352U108 |  | 50162 | 13743 | SH |  | SOLE |  | 13743 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 395892 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 296163 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1333833 | 1441 | SH |  | SOLE |  | 1441 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 424227 | 7794 | SH |  | SOLE |  | 7794 | 0 | 0 |
| ENERGY SVCS ACQUISITION CORP | COM | 29271Q103 |  | 206990 | 19999 | SH |  | SOLE |  | 19999 | 0 | 0 |
| EVOLUS INC | COM | 30052C107 |  | 74257 | 12094 | SH |  | SOLE |  | 12094 | 0 | 0 |
| EXAGEN INC | COM | 30068X103 |  | 997969 | 90807 | SH |  | SOLE |  | 90807 | 0 | 0 |
| FOSSIL GROUP INC | COM | 34988V106 |  | 28324 | 11021 | SH |  | SOLE |  | 11021 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 225300 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1150726 | 1445 | SH |  | SOLE |  | 1445 | 0 | 0 |
| INOTIV INC | COM | 45783Q100 |  | 215355 | 148521 | SH |  | SOLE |  | 148521 | 0 | 0 |
| INVESCO QQQ TR | PUT | 46090E953 |  | 6003700 | 10000 | SH | Put | SOLE |  | 0 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 HB ETF | 46138E370 |  | 2053260 | 18700 | SH |  | SOLE |  | 18700 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 386270 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| MICROBOT MED INC | COM NEW | 59503A204 |  | 77607 | 25445 | SH |  | SOLE |  | 25445 | 0 | 0 |
| MOBILICOM LTD | SPON ADS | 60742B102 |  | 184261 | 19813 | SH |  | SOLE |  | 19813 | 0 | 0 |
| NATURAL GROCERS BY VITAMIN C | COM | 63888U108 |  | 227360 | 5684 | SH |  | SOLE |  | 5684 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 1330801 | 1110 | SH |  | SOLE |  | 1110 | 0 | 0 |
| NEURONETICS INC | COM | 64131A105 |  | 571621 | 209385 | SH |  | SOLE |  | 209385 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1704595 | 9136 | SH |  | SOLE |  | 9136 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 93140 | 25173 | SH |  | SOLE |  | 25173 | 0 | 0 |
| ONDAS HLDGS INC | COM NEW | 68236H204 |  | 112403 | 14560 | SH |  | SOLE |  | 14560 | 0 | 0 |
| THE ONCOLOGY INSTITUTE INC | COM | 68236X100 |  | 851703 | 244041 | SH |  | SOLE |  | 244041 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 894624 | 3181 | SH |  | SOLE |  | 3181 | 0 | 0 |
| OUSTER INC | COM NEW | 68989M202 |  | 221296 | 8181 | SH |  | SOLE |  | 8181 | 0 | 0 |
| PROSHARES TR II | VIX SHT TERM FUT | 74347Y730 |  | 646000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 419276 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| REZOLUTE INC | COM NEW | 76200L309 |  | 131807 | 14022 | SH |  | SOLE |  | 14022 | 0 | 0 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 1873119 | 20100 | SH |  | SOLE |  | 20100 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 661116 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 883468 | 16400 | SH |  | SOLE |  | 16400 | 0 | 0 |
| SILENCE THERAPEUTICS PLC | ADS | 82686Q101 |  | 55393 | 10673 | SH |  | SOLE |  | 10673 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 |  | 106938 | 10060 | SH |  | SOLE |  | 10060 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 666784 | 6806 | SH |  | SOLE |  | 6806 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 498613 | 1444 | SH |  | SOLE |  | 1444 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 10051888 | 30800 | SH |  | SOLE |  | 30800 | 0 | 0 |
| VANECK ETF TRUST | PUT | 92189F951 |  | 2475750 | 25000 | SH | Put | SOLE |  | 0 | 0 | 0 |
| VANECK ETF TRUST | PUT | 92189F956 |  | 19581600 | 60000 | SH | Put | SOLE |  | 0 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 351813 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 546208 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| VOYAGER THERAPEUTICS INC | COM | 92915B106 |  | 57791 | 12375 | SH |  | SOLE |  | 12375 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 470346 | 17191 | SH |  | SOLE |  | 17191 | 0 | 0 |
| XPONENTIAL FITNESS INC | COM CL A | 98422X101 |  | 136021 | 17461 | SH |  | SOLE |  | 17461 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 |  | 228017 | 13895 | SH |  | SOLE |  | 13895 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 202607 | 2054 | SH |  | SOLE |  | 2054 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 646348 | 926 | SH |  | SOLE |  | 926 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 124754 | 61154 | SH |  | SOLE |  | 61154 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 209164 | 2893 | SH |  | SOLE |  | 2893 | 0 | 0 |

---