LongCATSep 2026
Caterpillar Inc.
Barometer increased its Caterpillar position as industrials assumed market leadership. The company is benefiting from construction and mining demand linked to the resource cycle…
Barometer Capital Management Inc.
Tactical multi-asset investing that identifies durable market trends and concentrates exposure in leading companies, sectors and asset classes while adjusting defensively when leadership weakens.11 published ideas
Barometer Capital Management applies a trend-oriented approach across equity, balanced and global macro portfolios. The strategy seeks to identify durable market leadership and maintain exposure while trends remain intact. During Q2 2026, the manager increasingly favored semiconductors, financials and industrials while reducing exposure to precious metals and energy.
Ideas from Barometer Capital Management Inc.
LongHWMSep 2026
Howmet Aerospace Inc.
Howmet Aerospace gives Barometer exposure to the strong commercial aerospace cycle. High utilization of the global aircraft fleet is supporting a robust aftermarket for engine…
LongBBD.BSep 2026
Bombardier Inc.
Bombardier is benefiting from healthy demand for business jets. Its growing services operation carries higher margins and improves the quality of the earnings mix. Continued…
LongCSXSep 2026
CSX Corporation
Barometer established a new CSX position as part of its industrial exposure. Freight rail is benefiting from steady shipment volumes and firm pricing. Ongoing…
LongGEVSep 2026
GE Vernova Inc.
GE Vernova is positioned at the center of a multi-year build-out in electricity generation and grid infrastructure. AI data centers, broader electrification and modernization of…
LongSITMSep 2026
SiTime Corporation
SiTime is a new technology position and a leader in precision timing devices. Its silicon-based products are increasingly replacing legacy quartz components. Rising data rates in…
LongLRCXSep 2026
Lam Research Corporation
Lam Research provides Barometer with exposure to the memory-semiconductor upcycle through the equipment used to manufacture memory chips. Memory producers are increasing capacity…
LongNVDASep 2026
NVIDIA Corporation
NVIDIA remains a core beneficiary of Barometer's renewed semiconductor exposure. The manager views NVIDIA as the dominant compute platform for artificial intelligence. Heavy…
LongCSep 2026
Citigroup Inc.
Citigroup anchors Barometer's newly established financials exposure and is viewed as a multi-year turnaround. Simplification of the franchise, exits from non-core consumer…
LongSep 2026
National Bank of Canada
National Bank of Canada is part of Barometer's increased allocation to financials as the sector emerged into market leadership. The bank benefits from strong capital-markets and…
LongHBMSep 2026
Hudbay Minerals Inc.
Hudbay gives Barometer direct exposure to copper and its structural demand drivers. The manager sees electrification, grid investment and data-center construction as compelling…
Letters covered
- Q2 2026 ReportSeptember 2, 2026
Source PDFs are not republished here; only extracted ideas and quotes.