02-06-2025
NG Energy International Corp: A Significant Move by BMO Canadian Small Cap Equity Fund
BMO Canadian Small Cap Equity Fund (Trades, Portfolio) recently submitted its N-PORT filing for the first quarter of 2025, offering a glimpse into its strategic investment decisions. This fund aims to achieve above-average growth by investing in small and mid-sized Canadian companies, with the flexibility to allocate up to 30% of its assets in foreign securities. It is an attractive option for investors seeking exposure to high-growth potential in smaller Canadian companies, albeit with medium investment risk.
Warning! GuruFocus has detected 3 Warning Signs with TSX:NOA.
BMO Canadian Small Cap Equity Fund (Trades, Portfolio) added a total of four stocks to its portfolio. The most significant addition was Southern Cross Gold Consolidated Ltd (TSXV:SXGC), with 927,330 shares, accounting for 2.49% of the portfolio and a total value of C$4.13 million. The second largest addition was G Mining Ventures Corp (TSX:GMIN), consisting of 163,000 shares, representing approximately 1.85% of the portfolio, with a total value of C$3.06 million. The third largest addition was Dominion Lending Centres Inc (TSX:DLCG), with 325,300 shares, accounting for 1.47% of the portfolio and a total value of C$2.44 million.
BMO Canadian Small Cap Equity Fund (Trades, Portfolio) also increased stakes in a total of 20 stocks. The most notable increase was in NG Energy International Corp (TSXV:GASX), with an additional 4,466,900 shares, bringing the total to 4,930,400 shares. This adjustment represents a significant 963.73% increase in share count, a 2.56% impact on the current portfolio, and a total value of C$4.68 million. The second largest increase was in goeasy Ltd (TSX:GSY), with an additional 14,800 shares, bringing the total to 37,300. This adjustment represents a significant 65.78% increase in share count, with a total value of C$5.63 million.
BMO Canadian Small Cap Equity Fund (Trades, Portfolio) completely exited 11 holdings in the first quarter of 2025. Notable exits include Altius Renewable Royalties Corp (TSX:ARR), where the fund sold all 327,132 shares, resulting in a -2.08% impact on the portfolio. Another significant exit was Savaria Corp (TSX:SIS), with the liquidation of all 123,200 shares, causing a -1.44% impact on the portfolio.
BMO Canadian Small Cap Equity Fund (Trades, Portfolio) also reduced its position in 17 stocks. The most significant changes include a reduction in Andlauer Healthcare Group Inc (TSX:AND) by 79,600 shares, resulting in a -43.2% decrease in shares and a -1.67% impact on the portfolio. The stock traded at an average price of C$42.4 during the quarter and has returned 32.93% over the past three months and 27.04% year-to-date. Another notable reduction was in K92 Mining Inc (TSX:KNT) by 352,800 shares, resulting in a -43.43% reduction in shares and a -1.49% impact on the portfolio. The stock traded at an average price of C$9.59 during the quarter and has returned 48.44% over the past three months and 64.17% year-to-date.
As of the first quarter of 2025, BMO Canadian Small Cap Equity Fund (Trades, Portfolio)'s portfolio included 43 stocks. The top holdings were 5.74% in North American Construction Group Ltd (TSX:NOA), 5.55% in Trisura Group Ltd (TSX:TSU), 4.12% in Pet Valu Holdings Ltd (TSX:PET), 3.82% in Zedcor Inc (TSXV:ZDC), and 3.82% in Polaris Renewable Energy Inc (TSX:PIF).
The holdings are mainly concentrated in nine of the 11 industries: Basic Materials, Industrials, Energy, Financial Services, Real Estate, Technology, Consumer Cyclical, Utilities, and Healthcare.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
Erreur lors de la récupération des données
Connectez-vous pour accéder à votre portefeuille
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Erreur lors de la récupération des données
