COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
Algonquin Power & Utilities Corp | Common | 015857105 | 2,647 | 145,900 | SH | | SOLE | | 145,900 | 0 | 0 |
Allstate Corp/The | Common | 020002101 | 13,612 | 125,250 | SH | | SOLE | | 125,250 | 0 | 0 |
Altice USA Inc | Common | 02156K103 | 6,835 | 238,306 | SH | | SOLE | | 238,306 | 0 | 0 |
American Tower Corp | Common | 03027X100 | 13,990 | 63,264 | SH | | SOLE | | 63,264 | 0 | 0 |
American Water Works Co Inc | Common | 030420103 | 11,863 | 95,900 | SH | | SOLE | | 95,900 | 0 | 0 |
Apple Inc | Common | 037833100 | 13,264 | 59,400 | SH | | SOLE | | 59,400 | 0 | 0 |
Arch Capital Group Ltd | Common | G0450A105 | 9,872 | 235,150 | SH | | SOLE | | 235,150 | 0 | 0 |
AT&T Inc | Common | 00206R102 | 11,455 | 306,905 | SH | | SOLE | | 306,905 | 0 | 0 |
Barrick Gold Corp | Common | 067901108 | 5,556 | 242,400 | SH | | SOLE | | 242,400 | 0 | 0 |
BCE Inc | Common | 05534B760 | 22,598 | 352,650 | SH | | SOLE | | 352,650 | 0 | 0 |
Boston Scientific Corp | Common | 101137107 | 3,569 | 87,700 | SH | | SOLE | | 87,700 | 0 | 0 |
Brookfield Asset Management Inc | Common | 112585104 | 26,438 | 375,800 | SH | | SOLE | | 375,800 | 0 | 0 |
Burlington Stores Inc | Common | 122017106 | 420 | 2,100 | SH | | SOLE | | 2,100 | 0 | 0 |
Canadian Imperial Bank of Commerce | Common | 136069101 | 13,172 | 120,500 | SH | | SOLE | | 120,500 | 0 | 0 |
Canadian Natural Resources Ltd | Common | 136385101 | 11,336 | 321,600 | SH | | SOLE | | 321,600 | 0 | 0 |
CGI Inc | Common | 12532H104 | 16,830 | 160,650 | SH | | SOLE | | 160,650 | 0 | 0 |
Clarivate Analytics PLC | Common | G21810109 | 8,796 | 521,400 | SH | | SOLE | | 521,400 | 0 | 0 |
Conagra Brands Inc | Common | 205887102 | 4,147 | 136,200 | SH | | SOLE | | 136,200 | 0 | 0 |
Costco Wholesale Corp | Common | 22160K105 | 11,945 | 41,550 | SH | | SOLE | | 41,550 | 0 | 0 |
Crown Castle International Corp | Common | 22822V101 | 12,797 | 92,055 | SH | | SOLE | | 92,055 | 0 | 0 |
DR Horton Inc | Common | 23331A109 | 9,425 | 178,800 | SH | | SOLE | | 178,800 | 0 | 0 |
Ecolab Inc | Common | 278865100 | 3,406 | 17,200 | SH | | SOLE | | 17,200 | 0 | 0 |
Edwards Lifesciences Corp | Common | 28176E108 | 3,738 | 17,000 | SH | | SOLE | | 17,000 | 0 | 0 |
Enbridge Inc | Common | 29250N105 | 5,031 | 108,200 | SH | | SOLE | | 108,200 | 0 | 0 |
Estee Lauder Cos Inc/The | Common | 518439104 | 5,212 | 26,200 | SH | | SOLE | | 26,200 | 0 | 0 |
Financial Select Sector SPDR Fund | ETP | 81369Y605 | 2,444 | 87,300 | SH | | SOLE | | 87,300 | 0 | 0 |
First Trust Technology AlphaDEX Fund | ETP | 33734X176 | 938 | 14,400 | SH | | SOLE | | 14,400 | 0 | 0 |
FirstService Corp | Common | 33767E202 | 2,975 | 21,900 | SH | | SOLE | | 21,900 | 0 | 0 |
Fiserv Inc | Common | 337738108 | 13,089 | 126,350 | SH | | SOLE | | 126,350 | 0 | 0 |
Fortis Inc/Canada | Common | 349553107 | 12,238 | 218,500 | SH | | SOLE | | 218,500 | 0 | 0 |
Franco-Nevada Corp | Common | 351858105 | 21,074 | 174,570 | SH | | SOLE | | 174,570 | 0 | 0 |
Global X MSCI China Consumer Discretionary ETF | ETP | 37950E408 | 2,488 | 155,100 | SH | | SOLE | | 155,100 | 0 | 0 |
Granite Real Estate Investment Trust | Common | 387437114 | 22,016 | 344,440 | SH | | SOLE | | 344,440 | 0 | 0 |
HEICO Corp | Common | 422806208 | 389 | 4,000 | SH | | SOLE | | 4,000 | 0 | 0 |
Hess Corp | Common | 42809H107 | 4,681 | 77,400 | SH | | SOLE | | 77,400 | 0 | 0 |
Home Depot Inc/The | Common | 437076102 | 7,216 | 31,100 | SH | | SOLE | | 31,100 | 0 | 0 |
Honeywell International Inc | Common | 438516106 | 354 | 2,095 | SH | | SOLE | | 2,095 | 0 | 0 |
IHS Markit Ltd | Common | G47567105 | 4,274 | 63,900 | SH | | SOLE | | 63,900 | 0 | 0 |
Invesco Aerospace & Defense ETF | ETP | 46137V100 | 2,302 | 34,000 | SH | | SOLE | | 34,000 | 0 | 0 |
Invesco China Technology ETF | ETP | 46138E800 | 1,025 | 22,400 | SH | | SOLE | | 22,400 | 0 | 0 |
Invesco DWA Momentum ETF | ETP | 46137V837 | 1,912 | 31,400 | SH | | SOLE | | 31,400 | 0 | 0 |
Invesco Dynamic Building & Construction ETF | ETP | 46137V779 | 2,138 | 65,500 | SH | | SOLE | | 65,500 | 0 | 0 |
Invesco QQQ Trust Series 1 | ETP | 46090E103 | 642 | 3,400 | SH | | SOLE | | 3,400 | 0 | 0 |
Invesco S&P 500 GARP ETF | ETP | 46137V431 | 3,176 | 56,300 | SH | | SOLE | | 56,300 | 0 | 0 |
Invesco S&P MidCap Momentum ET | ETP | 46137V464 | 2,255 | 38,700 | SH | | SOLE | | 38,700 | 0 | 0 |
Invesco S&P SmallCap Industrials ETF | ETP | 46138E123 | 1,350 | 20,100 | SH | | SOLE | | 20,100 | 0 | 0 |
Invesco S&P SmallCap Information Technology ETF | ETP | 46138E115 | 1,184 | 13,800 | SH | | SOLE | | 13,800 | 0 | 0 |
Invesco Solar ETF | ETP | 46138G706 | 2,144 | 73,000 | SH | | SOLE | | 73,000 | 0 | 0 |
Invesco Water Resources ETF | ETP | 46137V142 | 1,889 | 51,600 | SH | | SOLE | | 51,600 | 0 | 0 |
IQVIA Holdings Inc | ETP | 46266C105 | 3,085 | 20,655 | SH | | SOLE | | 20,655 | 0 | 0 |
Invesco Water Resources ETF | ETP | 46137V142 | 1,889 | 51,600 | SH | | SOLE | | 51,600 | 0 | 0 |
IQVIA Holdings Inc | ETP | 46266C105 | 3,085 | 20,655 | SH | | SOLE | | 20,655 | 0 | 0 |
iShares MSCI Taiwan ETF | ETP | 46434G772 | 1,927 | 53,000 | SH | | SOLE | | 53,000 | 0 | 0 |
iShares PHLX Semiconductor ETF | ETP | 464287523 | 6,955 | 32,900 | SH | | SOLE | | 32,900 | 0 | 0 |
iShares Russell 2000 ETF | ETP | 464287655 | 2,694 | 17,800 | SH | | SOLE | | 17,800 | 0 | 0 |
iShares Russell Top 200 Growth ETF | ETP | 464289438 | 1,436 | 16,500 | SH | | SOLE | | 16,500 | 0 | 0 |
iShares Transportation Average ETF | ETP | 464287192 | 2,383 | 12,800 | SH | | SOLE | | 12,800 | 0 | 0 |
iShares U.S. Basic Materials ETF | ETP | 464287838 | 960 | 10,400 | SH | | SOLE | | 10,400 | 0 | 0 |
iShares U.S. Broker-Dealers & Securities Exchanges ETF | ETP | 464288794 | 2,180 | 33,900 | SH | | SOLE | | 33,900 | 0 | 0 |
iShares U.S. Consumer Services ETF | ETP | 464287580 | 1,804 | 8,300 | SH | | SOLE | | 8,300 | 0 | 0 |
iShares U.S. Financial Services ETF | ETP | 464287770 | 2,524 | 18,500 | SH | | SOLE | | 18,500 | 0 | 0 |
iShares U.S. Home Construction ETF | ETP | 464288752 | 3,053 | 70,500 | SH | | SOLE | | 70,500 | 0 | 0 |
iShares U.S. Industrials ETF | ETP | 464287754 | 2,652 | 16,700 | SH | | SOLE | | 16,700 | 0 | 0 |
iShares U.S. Medical Devices ETF | ETP | 464288810 | 2,423 | 9,800 | SH | | SOLE | | 9,800 | 0 | 0 |
Jacobs Engineering Group Inc | Common | 469814107 | 12,967 | 141,990 | SH | | SOLE | | 141,990 | 0 | 0 |
JPMorgan Chase & Co | Common | 46625H100 | 409 | 3,500 | SH | | SOLE | | 3,500 | 0 | 0 |
Kaleido Biosciences Inc | Common | 483347100 | 226 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
Kansas City Southern | Common | 485170302 | 6,025 | 45,300 | SH | | SOLE | | 45,300 | 0 | 0 |
Keysight Technologies Inc | Common | 49338L103 | 3,423 | 35,200 | SH | | SOLE | | 35,200 | 0 | 0 |
Kinder Morgan Inc/DE | Common | 49456B101 | 3,943 | 193,700 | SH | | SOLE | | 193,700 | 0 | 0 |
KraneShares CSI China Internet ETF | ETP | 500767306 | 897 | 21,700 | SH | | SOLE | | 21,700 | 0 | 0 |
Lam Research Corp | Common | 512807108 | 2,681 | 11,600 | SH | | SOLE | | 11,600 | 0 | 0 |
Lockheed Martin Corp | Common | 539830109 | 11,009 | 28,225 | SH | | SOLE | | 28,225 | 0 | 0 |
Lululemon Athletica Inc | Common | 550021109 | 270 | 1,400 | SH | | SOLE | | 1,400 | 0 | 0 |
Mastercard Inc | Common | 57636Q104 | 12,661 | 46,679 | SH | | SOLE | | 46,679 | 0 | 0 |
McDonald's Corp | Common | 580135101 | 7,952 | 37,035 | SH | | SOLE | | 37,035 | 0 | 0 |
Microsoft Corp | Common | 594918104 | 16,379 | 117,810 | SH | | SOLE | | 117,810 | 0 | 0 |
Mondelez International Inc | Common | 609207105 | 11,728 | 212,000 | SH | | SOLE | | 212,000 | 0 | 0 |
Motorola Solutions Inc | Common | 620076307 | 13,927 | 81,725 | SH | | SOLE | | 81,725 | 0 | 0 |
NextEra Energy Inc | Common | 65339F101 | 13,265 | 56,935 | SH | | SOLE | | 56,935 | 0 | 0 |
OGE Energy Corp | Common | 670837103 | 2,672 | 59,400 | SH | | SOLE | | 59,400 | 0 | 0 |
Pembina Pipeline Corp | Common | 706327103 | 6,168 | 126,144 | SH | | SOLE | | 126,144 | 0 | 0 |
Procter & Gamble Co/The | Common | 742718109 | 13,508 | 109,300 | SH | | SOLE | | 109,300 | 0 | 0 |
Restaurant Brands International Inc | Common | 76131D103 | 9 | 130 | SH | | SOLE | | 130 | 0 | 0 |
Roper Technologies Inc | Common | 776696106 | 427 | 1,200 | SH | | SOLE | | 1,200 | 0 | 0 |
Royal Bank of Canada | Common | 780087102 | 1,458 | 13,700 | SH | | SOLE | | 13,700 | 0 | 0 |
S&P Global Inc | Common | 78409V104 | 19,261 | 78,623 | SH | | SOLE | | 78,623 | 0 | 0 |
Schwab US Dividend Equity ETF | ETP | 808524797 | 1,424 | 26,000 | SH | | SOLE | | 26,000 | 0 | 0 |
SPDR S&P 500 ETF Trust | ETP | 78462F103 | 5,683 | 19,150 | SH | | SOLE | | 19,150 | 0 | 0 |
SPDR S&P Aerospace & Defense ETF | ETP | 78464A631 | 1,763 | 16,500 | SH | | SOLE | | 16,500 | 0 | 0 |
SPDR S&P Homebuilders ETF | ETP | 78464A888 | 2,574 | 58,400 | SH | | SOLE | | 58,400 | 0 | 0 |
SPDR S&P Insurance ETF | ETP | 78464A789 | 3,150 | 89,400 | SH | | SOLE | | 89,400 | 0 | 0 |
SPDR S&P Oil & Gas Equipment & Services ETF | ETP | 78464A748 | 477 | 65,900 | SH | | SOLE | | 65,900 | 0 | 0 |
SPDR S&P Oil & Gas Exploration & Production ETF | ETP | 78464A730 | 809 | 36,200 | SH | | SOLE | | 36,200 | 0 | 0 |
SPDR S&P Semiconductor ETF | ETP | 78464A862 | 2,865 | 31,900 | SH | | SOLE | | 31,900 | 0 | 0 |
Sprott Physical Platinum & Palladium Trust | ETP | 85207Q104 | 1,751 | 136,800 | SH | | SOLE | | 136,800 | 0 | 0 |
Starbucks Corp | Common | 855244109 | 4,624 | 52,300 | SH | | SOLE | | 52,300 | 0 | 0 |
Sun Life Financial Inc | Common | 866796105 | 15,450 | 260,800 | SH | | SOLE | | 260,800 | 0 | 0 |
T Rowe Price Group Inc | Common | 74144T108 | 11,745 | 102,800 | SH | | SOLE | | 102,800 | 0 | 0 |
TC Energy Corp | Common | 87807B107 | 18,335 | 267,268 | SH | | SOLE | | 267,268 | 0 | 0 |
Technology Select Sector SPDR Fund | ETP | 81369Y803 | 2,432 | 30,200 | SH | | SOLE | | 30,200 | 0 | 0 |
Tempur Sealy International Inc | Common | 88023U101 | 463 | 6,000 | SH | | SOLE | | 6,000 | 0 | 0 |
Teradyne Inc | Common | 880770102 | 3,156 | 54,500 | SH | | SOLE | | 54,500 | 0 | 0 |
Texas Instruments Inc | ETP | 882508104 | 423 | 3,300 | SH | | SOLE | | 3,300 | 0 | 0 |
Thomson Reuters Corp | Common | 884903709 | 11,123 | 125,617 | SH | | SOLE | | 125,617 | 0 | 0 |
TransDigm Group Inc | Common | 893641100 | 364 | 700 | SH | | SOLE | | 700 | 0 | 0 |
Travelers Cos Inc/The | Common | 89417E109 | 4,238 | 28,500 | SH | | SOLE | | 28,500 | 0 | 0 |
United States Oil Fund LP | ETP | 91232N108 | 1,610 | 142,000 | SH | | SOLE | | 142,000 | 0 | 0 |
VanEck Vectors Gold Miners ETF | ETP | 92189F106 | 1,293 | 48,400 | SH | | SOLE | | 48,400 | 0 | 0 |
VanEck Vectors Russia ETF | ETP | 92189F403 | 1,761 | 77,200 | SH | | SOLE | | 77,200 | 0 | 0 |
Vanguard Consumer Discretionary ETF | ETP | 92204A108 | 1,945 | 10,800 | SH | | SOLE | | 10,800 | 0 | 0 |
Vanguard Dividend Appreciation ETF | ETP | 921908844 | 2,535 | 21,200 | SH | | SOLE | | 21,200 | 0 | 0 |
Verisk Analytics Inc | Common | 92345Y106 | 6,088 | 38,500 | SH | | SOLE | | 38,500 | 0 | 0 |
Visa Inc | Common | 92826C839 | 16,479 | 95,800 | SH | | SOLE | | 95,800 | 0 | 0 |
Waste Connections Inc | Common | 94106B101 | 14,335 | 118,020 | SH | | SOLE | | 118,020 | 0 | 0 |
Xtrackers Harvest CSI 300 China A-Shares ETF | ETP | 233051879 | 2,238 | 82,600 | SH | | SOLE | | 82,600 | 0 | 0 |
Zoetis Inc | Common | 98978V103 | 8,088 | 65,000 | SH | | SOLE | | 65,000 | 0 | 0 |
SPDR S&P Regional Banking ETF | ETP | 78464A698 | 2,954 | 54,100 | SH | | SOLE | | 54,100 | 0 | 0 |
SPDR S&P Semiconductor ETF | ETP | 78464A862 | 3,131 | 51,900 | SH | | SOLE | | 51,900 | 0 | 0 |
Starbucks Corp | Common | 855244109 | 257 | 4,400 | SH | | SOLE | | 4,400 | 0 | 0 |
Suncor Energy Inc | Common | 867224107 | 15 | 480 | SH | | SOLE | | 480 | 0 | 0 |
Take Two Interactive Software Inc | Common | 874054109 | 7,444 | 125,600 | SH | | SOLE | | 125,600 | 0 | 0 |
Teleflex Inc | Common | 879369106 | 7,638 | 39,425 | SH | | SOLE | | 39,425 | 0 | 0 |
Texas Instruments Inc | Common | 882508104 | 27,225 | 337,950 | SH | | SOLE | | 337,950 | 0 | 0 |
TherapeuticsMD Inc | Common | 88338N107 | 539 | 74,900 | SH | | SOLE | | 74,900 | 0 | 0 |
T-Mobile US Inc | Common | 872590104 | 8,185 | 126,725 | SH | | SOLE | | 126,725 | 0 | 0 |
Toronto-Dominion Bank | Common | 891160509 | 26,040 | 519,864 | SH | | SOLE | | 519,864 | 0 | 0 |
TransCanada Corp | Common | 89353D107 | 6,867 | 148,800 | SH | | SOLE | | 148,800 | 0 | 0 |
UnitedHealth Group Inc | Common | 91324P102 | 25,077 | 152,900 | SH | | SOLE | | 152,900 | 0 | 0 |
Unum Group | Common | 91529Y106 | 22,095 | 471,200 | SH | | SOLE | | 471,200 | 0 | 0 |
VanEck Vectors Coal ETF | ETP | 92189F809 | 1,147 | 82,900 | SH | | SOLE | | 82,900 | 0 | 0 |
Vanguard Consumer Discretionary Index Fund;ETF | ETP | 92204A108 | 2,340 | 16,900 | SH | | SOLE | | 16,900 | 0 | 0 |
Vanguard Industrials Index Fund;ETF | ETP | 92204A603 | 1,943 | 15,700 | SH | | SOLE | | 15,700 | 0 | 0 |
Vanguard S&P Mid-Cap 400 Value Index Fund;ETF | ETP | 921932844 | 1,943 | 17,200 | SH | | SOLE | | 17,200 | 0 | 0 |
Visa Inc | Common | 92826C839 | 27,034 | 304,200 | SH | | SOLE | | 304,200 | 0 | 0 |
Walt Disney Co | Common | 254687106 | 14,004 | 123,500 | SH | | SOLE | | 123,500 | 0 | 0 |
Waste Connections Inc | Common | 94106B101 | 21,551 | 244,287 | SH | | SOLE | | 244,287 | 0 | 0 |
Wells Fargo & Co | Common | 949746101 | 223 | 4,000 | SH | | SOLE | | 4,000 | 0 | 0 |
Western Digital Corp | Common | 958102105 | 1,329 | 16,100 | SH | | SOLE | | 16,100 | 0 | 0 |
WisdomTree Europe Hedged Equity Fund | ETP | 97717X701 | 4,880 | 77,700 | SH | | SOLE | | 77,700 | 0 | 0 |
WisdomTree Japan Hedged Equity ETF | ETP | 97717W851 | 3,088 | 61,000 | SH | | SOLE | | 61,000 | 0 | 0 |