Addenda Capital in the news

Addenda Capital Inc. reduced its Apple Inc. holdings by 3.2% in Q2, while Apple reported strong earnings and received mixed analyst sentiment amidst product launches and patent disputes.

Addenda Capital Inc. increased its holdings in Amazon.com by 9.3% in the second quarter, bringing its total investment to nearly 43 million dollars.

Addenda Capital Inc. placed DOV (495 Richmond) Limited into receivership over an unpaid $25.8 million loan and unauthorized demolition of their Ottawa office building.

Addenda Capital Inc. significantly reduced its holdings in Graco Inc. during the second quarter.

Addenda Capital Inc. significantly reduced its holdings in Cenovus Energy Inc. by over 56% in the second quarter.

Addenda Capital Inc. boosted its holdings in Suncor Energy Inc. by 5% in the second quarter, now owning 784,418 shares valued at over $42 million.

Addenda Capital Inc. decreased its holdings in NIKE, Inc. by 65.6% in the second quarter, while other institutional investors adjusted their stakes, and NIKE reported Q2 earnings, announced a dividend, and faced mixed news regarding its market performance and strategic changes.

Addenda Capital Inc. significantly increased its holdings in STERIS plc, a medical equipment provider, while STERIS reported strong earnings, raised its dividend, and maintained a "Moderate Buy" analyst rating.

Addenda Capital Inc. increased its stake in Royal Bank of Canada, which recently announced strong quarterly earnings and a dividend.

Addenda Capital Inc. trimmed its stake in Canadian Imperial Bank of Commerce while other institutional investors adjusted their positions, amidst positive earnings and a dividend announcement for the bank.

Addenda Capital Inc. significantly increased its stake in Cameco Corporation, a uranium producer, making it one of their top holdings, while other institutional investors also adjusted their positions.

Addenda Capital Inc. increased its holdings in Enbridge Inc. by 10.8% in the second quarter, making Enbridge its seventh-largest portfolio position.

Addenda Capital Inc. increased its holdings in Manulife Financial Corp by 24.7% in the second quarter, now owning 953,431 shares worth $38,623,000.

Addenda Capital Inc. significantly increased its stake in Kinross Gold Corporation, which reported strong quarterly earnings and declared a dividend.

Addenda Capital Inc. boosted its stake in Royal Bank of Canada by 0.7% to 750,840 shares, making it their second-largest holding, amid other institutional investor activity and strong Q3 earnings from the bank.

Addenda Capital Inc. reduced its stake in DuPont de Nemours by two-thirds, while other institutional investors increased their holdings, and DuPont de Nemours reported strong earnings and announced a dividend.

Addenda Capital Inc. decreased its holding in TC Energy Corporation by 6.6% in the second quarter, valuing its remaining stake at $56.26 million.

Addenda Capital Inc. significantly reduced its holding in Alamos Gold Inc. during the second quarter, now owning 765,971 shares worth $23.24 million.

Addenda Capital Inc. significantly decreased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. during the second quarter.

Addenda Capital highlights the difficulty in attracting institutional capital to affordable housing due to market limitations and fiduciary duties, while actively seeking solutions through various investment strategies and advocating for blended finance models.