Addenda Capital Inc. recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
800, boul Montreal, A8 H3B 1X9
As of the latest 13F report, the guru’s equity portfolio contained 144 stocks valued at a total of $2.30Bil. The top holdings were TD(6.42%), RY(4.77%), and CNQ(4.21%).
According to GuruFocus data, these were Addenda Capital Inc.’s top five trades of the quarter.
Bank of Nova Scotia
Addenda Capital Inc. reduced their investment in NYSE:BNS by 359,739 shares. The trade had a 1.31% impact on the equity portfolio. During the quarter, the stock traded for an average price of $57.14.
On 01/12/2023, Bank of Nova Scotia traded for a price of $51.2401 per share and a market cap of $61.08Bil. The stock has returned -26.64% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Bank of Nova Scotia has a price-earnings ratio of 8.26, a price-book ratio of 1.26, a price-earnings-to-growth (PEG) ratio of 2.75 and a price-sales ratio of 2.66.
The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 7.
BCE Inc
During the quarter, Addenda Capital Inc. bought 398,448 shares of NYSE:BCE for a total holding of 547,121. The trade had a 1.06% impact on the equity portfolio. During the quarter, the stock traded for an average price of $48.6.
On 01/12/2023, BCE Inc traded for a price of $46.1 per share and a market cap of $42.01Bil. The stock has returned -7.30% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, BCE Inc has a price-earnings ratio of 19.23, a price-book ratio of 3.01, a price-earnings-to-growth (PEG) ratio of 21.37, a EV-to-Ebitda ratio of 8.82 and a price-sales ratio of 2.36.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 5.
The Toronto-Dominion Bank
Addenda Capital Inc. reduced their investment in NYSE:TD by 133,909 shares. The trade had a 0.54% impact on the equity portfolio. During the quarter, the stock traded for an average price of $64.77.
On 01/12/2023, The Toronto-Dominion Bank traded for a price of $65.68 per share and a market cap of $119.50Bil. The stock has returned -16.18% over the past year.
GuruFocus gives the company a financial strength rating of 2 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, The Toronto-Dominion Bank has a price-earnings ratio of 9.08, a price-book ratio of 1.60, a price-earnings-to-growth (PEG) ratio of 1.12 and a price-sales ratio of 3.49.
The price-to-GF Value ratio is 1.01, earning the stock a GF Value rank of 5.
Wheaton Precious Metals Corp
Addenda Capital Inc. reduced their investment in NYSE:WPM by 233,720 shares. The trade had a 0.52% impact on the equity portfolio. During the quarter, the stock traded for an average price of $32.88.
On 01/12/2023, Wheaton Precious Metals Corp traded for a price of $44.13 per share and a market cap of $19.87Bil. The stock has returned 10.23% over the past year.
GuruFocus gives the company a financial strength rating of 10 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Wheaton Precious Metals Corp has a price-earnings ratio of 25.00, a price-book ratio of 3.05, a price-earnings-to-growth (PEG) ratio of 1.84, a EV-to-Ebitda ratio of 18.17 and a price-sales ratio of 18.72.
The price-to-GF Value ratio is 1.22, earning the stock a GF Value rank of 3.
TC Energy Corp
During the quarter, Addenda Capital Inc. bought 182,880 shares of NYSE:TRP for a total holding of 1,021,228. The trade had a 0.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.61.
On 01/12/2023, TC Energy Corp traded for a price of $42.36 per share and a market cap of $42.34Bil. The stock has returned -11.38% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, TC Energy Corp has a price-earnings ratio of 16.89, a price-book ratio of 1.73, a price-earnings-to-growth (PEG) ratio of 2.77, a EV-to-Ebitda ratio of 12.15 and a price-sales ratio of 3.88.
The price-to-GF Value ratio is 0.94, earning the stock a GF Value rank of 7.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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