Pet Valu Holdings Ltd

• BG Bristol Gate Capital Partners Canadian Equity Strategy Report to Investors ↗ Canadian Equity Strategy replaced Pet Valu and TerraVest with OR Royalties and Great-West Lifeco, seeking dividend growth, stronger credit quality and capital-light earnings. The portfolio lagged as index leadership concentrated in technology and gold-related shares, while the strategy’s holdings generally delivered earnings ahead of expectations. 3rd Quarter 2026 CVE $51BELEEF $5.4BGWO $60B +5
• BG Bristol Gate Capital Partners Canadian Equity Strategy Report to Investors ↗ Bristol Gate attributed the strategy’s relative shortfall to stock selection in TMX Group and Pet Valu, while underweights in Materials and Energy helped as commodity leadership reversed. The firm added Cenovus Energy and Cameco for their cash-flow, balance-sheet and dividend-growth prospects, and sold Thomson Reuters and Canadian National Railway to redeploy capital. 2nd Quarter 2026 CCO $32BCVE $51BJWEL $1.3B +4

All coverage of PET →