# EDGAR Filing Document

**Accession Number:** 0001569411
**File Stem:** 0001085146-23-000091
**Filing Date:** 2023-1
**Character Count:** 17732
**Document Hash:** 8bdf8dcf483748099f3e9083fc0d7022
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000091.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001085146-23-000091

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**EFFECTIVENESS DATE**: 20230112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Addenda Capital Inc.
- **CENTRAL INDEX KEY:** 0001569411
- **IRS NUMBER:** 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:** 23525164

**BUSINESS ADDRESS:**
- **STREET 1:** 800, BOUL
- **STREET 2:** RENE-LEVESQUE OUEST BUREAU 2750
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3B 1X9
- **BUSINESS PHONE:** 514-287-7373

**MAIL ADDRESS:**
- **STREET 1:** 800, BOUL
- **STREET 2:** RENE-LEVESQUE OUEST BUREAU 2750
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H3B 1X9

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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 2750<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  01-12-2023<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:** 144

**Form 13F Information Table Value Total:** $2303527113

      (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 |
| ABB LTD | SPONSORED ADR | 000375204 |  | 5067630 | 166370 | SH |  | SOLE |  | 166370 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 5461064 | 49741 | SH |  | SOLE |  | 49741 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 8552237 | 25413 | SH |  | SOLE |  | 25413 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 258714 | 3677 | SH |  | SOLE |  | 3677 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 7289758 | 86474 | SH |  | SOLE |  | 86474 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4408677 | 49968 | SH |  | SOLE |  | 49968 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 13925380 | 156941 | SH |  | SOLE |  | 156941 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 4637784 | 55192 | SH |  | SOLE |  | 55192 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 7611534 | 99731 | SH |  | SOLE |  | 99731 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 21504450 | 165508 | SH |  | SOLE |  | 165508 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 4676876 | 254040 | SH |  | SOLE |  | 254040 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 7143542 | 139686 | SH |  | SOLE |  | 139686 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 92793890 | 756513 | SH |  | SOLE |  | 756513 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 2067245 | 45414 | SH |  | SOLE |  | 45414 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 80730410 | 1216919 | SH |  | SOLE |  | 1216919 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 833935 | 35930 | SH |  | SOLE |  | 35930 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 36655100 | 606505 | SH |  | SOLE |  | 606505 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 7612471 | 29935 | SH |  | SOLE |  | 29935 | 0 | 0 |
| BELLUS HEALTH INC NEW | COM NEW | 07987C204 |  | 627316 | 56617 | SH |  | SOLE |  | 56617 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 5552730 | 89488 | SH |  | SOLE |  | 89488 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 8371473 | 4154 | SH |  | SOLE |  | 4154 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 16214770 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 6627977 | 49217 | SH |  | SOLE |  | 49217 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 15401620 | 397256 | SH |  | SOLE |  | 397256 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 82117320 | 1928542 | SH |  | SOLE |  | 1928542 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 1129075 | 10921 | SH |  | SOLE |  | 10921 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 13855820 | 529050 | SH |  | SOLE |  | 529050 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 27824010 | 906615 | SH |  | SOLE |  | 906615 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM TO | COM | 136069101 |  | 12461830 | 224041 | SH |  | SOLE |  | 224041 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 96898220 | 1274090 | SH |  | SOLE |  | 1274090 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 75335530 | 468388 | SH |  | SOLE |  | 468388 | 0 | 0 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 76641390 | 757774 | SH |  | SOLE |  | 757774 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 6366067 | 26574 | SH |  | SOLE |  | 26574 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 12995510 | 494690 | SH |  | SOLE |  | 494690 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 53215210 | 455961 | SH |  | SOLE |  | 455961 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 4766872 | 59135 | SH |  | SOLE |  | 59135 | 0 | 0 |
| CI FINL CORP | COM | 125491100 |  | 562385 | 41080 | SH |  | SOLE |  | 41080 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 5703467 | 119695 | SH |  | SOLE |  | 119695 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 6082388 | 95620 | SH |  | SOLE |  | 95620 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 3078709 | 53833 | SH |  | SOLE |  | 53833 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 17496720 | 140442 | SH |  | SOLE |  | 140442 | 0 | 0 |
| COOPER COS INC | COM NEW | 216648402 |  | 1073355 | 3246 | SH |  | SOLE |  | 3246 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 9635346 | 21107 | SH |  | SOLE |  | 21107 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 10787950 | 115763 | SH |  | SOLE |  | 115763 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 7327738 | 27586 | SH |  | SOLE |  | 27586 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 4285027 | 9994 | SH |  | SOLE |  | 9994 | 0 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 23661590 | 250679 | SH |  | SOLE |  | 250679 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 5526563 | 31015 | SH |  | SOLE |  | 31015 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 10569650 | 121658 | SH |  | SOLE |  | 121658 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 5384827 | 106863 | SH |  | SOLE |  | 106863 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 6328578 | 92213 | SH |  | SOLE |  | 92213 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 2733858 | 223720 | SH |  | SOLE |  | 223720 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 6381650 | 66434 | SH |  | SOLE |  | 66434 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 89350760 | 1688412 | SH |  | SOLE |  | 1688412 | 0 | 0 |
| ENERPLUS CORP | COM | 292766102 |  | 264334 | 11060 | SH |  | SOLE |  | 11060 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 4881206 | 34013 | SH |  | SOLE |  | 34013 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 5543902 | 31796 | SH |  | SOLE |  | 31796 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 9461769 | 93616 | SH |  | SOLE |  | 93616 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 5317283 | 457204 | SH |  | SOLE |  | 457204 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 8924150 | 164713 | SH |  | SOLE |  | 164713 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 7464180 | 116174 | SH |  | SOLE |  | 116174 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 16762650 | 90820 | SH |  | SOLE |  | 90820 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 26164 | 312 | SH |  | SOLE |  | 312 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 12321280 | 332289 | SH |  | SOLE |  | 332289 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 7803175 | 78566 | SH |  | SOLE |  | 78566 | 0 | 0 |
| GRANITE REAL ESTATE INVT TR | UNIT 99/99/9999 | 387437114 |  | 2979828 | 42970 | SH |  | SOLE |  | 42970 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 891589 | 11163 | SH |  | SOLE |  | 11163 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5667476 | 17943 | SH |  | SOLE |  | 17943 | 0 | 0 |
| HONDA MOTOR LTD | AMERN SHS | 438128308 |  | 4657314 | 203732 | SH |  | SOLE |  | 203732 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 12135380 | 56628 | SH |  | SOLE |  | 56628 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 3713783 | 81532 | SH |  | SOLE |  | 81532 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 748879 | 11280 | SH |  | SOLE |  | 11280 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 4370148 | 165348 | SH |  | SOLE |  | 165348 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 5919916 | 42018 | SH |  | SOLE |  | 42018 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 3863500 | 36612 | SH |  | SOLE |  | 36612 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 6427968 | 16515 | SH |  | SOLE |  | 16515 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 8159539 | 39824 | SH |  | SOLE |  | 39824 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 5375519 | 30830 | SH |  | SOLE |  | 30830 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 13422400 | 75983 | SH |  | SOLE |  | 75983 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 13221590 | 98595 | SH |  | SOLE |  | 98595 | 0 | 0 |
| LIGHTSPEED COMMERCE INC | SUB VTG SHS | 53229C107 |  | 569916 | 29453 | SH |  | SOLE |  | 29453 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 2795036 | 8569 | SH |  | SOLE |  | 8569 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 7713975 | 38717 | SH |  | SOLE |  | 38717 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 31608480 | 415573 | SH |  | SOLE |  | 415573 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 42092870 | 1742976 | SH |  | SOLE |  | 1742976 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 5291407 | 15217 | SH |  | SOLE |  | 15217 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 5985557 | 22713 | SH |  | SOLE |  | 22713 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 4024294 | 51327 | SH |  | SOLE |  | 51327 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 6538822 | 58481 | SH |  | SOLE |  | 58481 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 4634004 | 38498 | SH |  | SOLE |  | 38498 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 |  | 8318268 | 162276 | SH |  | SOLE |  | 162276 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 30963160 | 129110 | SH |  | SOLE |  | 129110 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 8024359 | 59928 | SH |  | SOLE |  | 59928 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 474139 | 9203 | SH |  | SOLE |  | 9203 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 5830905 | 87058 | SH |  | SOLE |  | 87058 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 2950029 | 10588 | SH |  | SOLE |  | 10588 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 16965980 | 144996 | SH |  | SOLE |  | 144996 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 84478760 | 849026 | SH |  | SOLE |  | 849026 | 0 | 0 |
| NUVEI CORPORATION | SUB VTG SHS | 67079A102 |  | 663528 | 19283 | SH |  | SOLE |  | 19283 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4747455 | 32479 | SH |  | SOLE |  | 32479 | 0 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 22170830 | 552613 | SH |  | SOLE |  | 552613 | 0 | 0 |
| OSISKO GOLD ROYALTIES LTD | COM | 68827L101 |  | 633786 | 38708 | SH |  | SOLE |  | 38708 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 4531144 | 63595 | SH |  | SOLE |  | 63595 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 32376060 | 704440 | SH |  | SOLE |  | 704440 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 14940330 | 82212 | SH |  | SOLE |  | 82212 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 6191380 | 120831 | SH |  | SOLE |  | 120831 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 5830987 | 36919 | SH |  | SOLE |  | 36919 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 5232306 | 34523 | SH |  | SOLE |  | 34523 | 0 | 0 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 23193 | 844 | SH |  | SOLE |  | 844 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 27019910 | 305992 | SH |  | SOLE |  | 305992 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 5393115 | 75746 | SH |  | SOLE |  | 75746 | 0 | 0 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 8313332 | 106295 | SH |  | SOLE |  | 106295 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 53574950 | 838666 | SH |  | SOLE |  | 838666 | 0 | 0 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 109993100 | 864046 | SH |  | SOLE |  | 864046 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 32608 | 316 | SH |  | SOLE |  | 316 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 9838668 | 118168 | SH |  | SOLE |  | 118168 | 0 | 0 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 21030840 | 539114 | SH |  | SOLE |  | 539114 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 23730180 | 504790 | SH |  | SOLE |  | 504790 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 3282 | 5 | SH |  | SOLE |  | 5 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 8555759 | 131503 | SH |  | SOLE |  | 131503 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 6230388 | 62800 | SH |  | SOLE |  | 62800 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 5601408 | 22851 | SH |  | SOLE |  | 22851 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 7687938 | 122322 | SH |  | SOLE |  | 122322 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 47396700 | 1103532 | SH |  | SOLE |  | 1103532 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 54442220 | 992010 | SH |  | SOLE |  | 992010 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 9643294 | 188456 | SH |  | SOLE |  | 188456 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 6458391 | 243865 | SH |  | SOLE |  | 243865 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 1152932 | 8473 | SH |  | SOLE |  | 8473 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 16474330 | 29901 | SH |  | SOLE |  | 29901 | 0 | 0 |
| THOMSON REUTERS CORP. | COM NEW | 884903709 |  | 8507348 | 55078 | SH |  | SOLE |  | 55078 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 11348170 | 142565 | SH |  | SOLE |  | 142565 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 147810600 | 1685988 | SH |  | SOLE |  | 1685988 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 30413 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 10168 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 4684752 | 22624 | SH |  | SOLE |  | 22624 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 13561430 | 78011 | SH |  | SOLE |  | 78011 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 13589040 | 25631 | SH |  | SOLE |  | 25631 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 18906780 | 91003 | SH |  | SOLE |  | 91003 | 0 | 0 |
| VMWARE INC | CL A COM | 928563402 |  | 6982221 | 56877 | SH |  | SOLE |  | 56877 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 2180700 | 21849 | SH |  | SOLE |  | 21849 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5965206 | 41904 | SH |  | SOLE |  | 41904 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 4083140 | 430711 | SH |  | SOLE |  | 430711 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 38119400 | 212388 | SH |  | SOLE |  | 212388 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 24644520 | 465870 | SH |  | SOLE |  | 465870 | 0 | 0 |

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