Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Danaher Corp.(DHR) | 0 | 1,963,129 | +1,963,129 | 0 | 449,399 | 1.95% | +449,399 |
| Valero Energy Corp.(VLO) | 0 | 1,656,718 | +1,656,718 | 0 | 269,697 | 1.17% | +269,697 |
| AbbVie Inc.(ABBV) | 1,007,152 | 1,986,753 | +979,601 | 233,196 | 453,953 | 1.97% | +220,757 |
| Applied Materials Inc. | 0 | 845,271 | +845,271 | 0 | 217,226 | 0.94% | +217,226 |
| Ulta Beauty Inc.(ULTA) | 0 | 356,318 | +356,318 | 0 | 215,576 | 0.94% | +215,576 |
| Amazon.com Inc.(AMZN) | 0 | 2,876,345 | +2,876,345 | 0 | 663,918 | 2.88% | +663,918 |
| Capital One Financial Corp.(COF) | 0 | 841,648 | +841,648 | 0 | 203,982 | 0.88% | +203,982 |
| Corning Inc.(GLW) | 0 | 2,222,198 | +2,222,198 | 0 | 194,576 | 0.84% | +194,576 |
| Alphabet Inc.(GOOG) | 2,780,541 | 2,685,042 | -95,499 | 675,950 | 840,418 | 3.65% | +164,469 |
| Hilton Worldwide Holdings Inc.(HLT) | 0 | 790,906 | +790,906 | 0 | 227,188 | 0.99% | +227,188 |
| Northrop Grumman Corp.(NOC) | 171,043 | 418,304 | +247,261 | 104,220 | 238,521 | 1.03% | +134,301 |
| Natera Inc.(NTRA) | 0 | 474,130 | +474,130 | 0 | 108,618 | 0.47% | +108,618 |
| Argenx SE ADR(ARGX) | 0 | 124,691 | +124,691 | 0 | 104,859 | 0.45% | +104,859 |
| Advanced Micro Devices Inc.(AMD) | 0 | 443,721 | +443,721 | 0 | 95,027 | 0.41% | +95,027 |
| Bank of America Corp. | 6,800,314 | 8,057,993 | +1,257,679 | 350,828 | 443,190 | 1.92% | +92,361 |
| Rockwell Automation Inc.(ROK) | 0 | 229,868 | +229,868 | 0 | 89,435 | 0.39% | +89,435 |
| Broadcom Inc.(AVGO) | 0 | 1,990,771 | +1,990,771 | 0 | 689,006 | 2.99% | +689,006 |
| Apple Inc.(AAPL) | 2,994,700 | 3,037,988 | +43,288 | 762,540 | 825,907 | 3.58% | +63,367 |
| Royal Bank of Canada(RY) | 0 | 2,396,579 | +2,396,579 | 0 | 456,382 | 1.98% | +456,382 |
| NVIDIA Corp.(NVDA) | 5,280,251 | 5,571,664 | +291,413 | 985,189 | 1,039,115 | 4.51% | +53,926 |
| Intuitive Surgical Inc. | 0 | 455,320 | +455,320 | 0 | 251,489 | 1.09% | +251,489 |
| Goldman Sachs Group Common(GS) | 596,524 | 585,121 | -11,403 | 475,042 | 514,321 | 2.23% | +39,279 |
| Costco Wholesale Corp.(COST) | 96,849 | 146,527 | +49,678 | 89,646 | 126,356 | 0.55% | +36,710 |
| Thermo Fisher Scientific Inc.(TMO) | 0 | 136,511 | +136,511 | 0 | 79,101 | 0.34% | +79,101 |
| Canadian Pacific Kansas City Ltd.(CP) | 2,001,292 | 2,500,911 | +499,619 | 149,215 | 184,287 | 0.80% | +35,072 |
| Bank of Montreal | 0 | 637,754 | +637,754 | 0 | 94,286 | 0.41% | +94,286 |
| M&T Bank Corp.(MTB) | 0 | 338,881 | +338,881 | 0 | 68,278 | 0.30% | +68,278 |
| Canadian Natural Resources Ltd.(CNQ) | 0 | 4,879,368 | +4,879,368 | 0 | 173,383 | 0.75% | +173,383 |
| Brookfield Asset Management Ltd.(BAM) | 0 | 1,480,469 | +1,480,469 | 0 | 77,656 | 0.34% | +77,656 |
| Fidelity MSCI Industrials Index ETF | 0 | 499,003 | +499,003 | 0 | 41,158 | 0.18% | +41,158 |
| State Street Industrial Select Sector SPDR ETF ST STR INDL ETF | 406,153 | 579,320 | +173,167 | 62,641 | 89,864 | 0.39% | +27,223 |
| Walmart Inc.(WMT) | 3,269,719 | 3,267,880 | -1,839 | 336,977 | 364,075 | 1.58% | +27,097 |
| Albemarle Corp.(ALB) | 0 | 181,892 | +181,892 | 0 | 25,727 | 0.11% | +25,727 |
| Alamos Gold Inc. | 0 | 899,091 | +899,091 | 0 | 34,718 | 0.15% | +34,718 |
| State Street Health Care Select Sector SPDR ETF ST STR CARE ETF | 782,277 | 848,746 | +66,469 | 108,869 | 131,386 | 0.57% | +22,516 |
| Coherent Corp.(COHR) | 50,269 | 144,373 | +94,104 | 5,415 | 26,647 | 0.12% | +21,232 |
| Toronto-Dominion Bank(TD) | 3,373,021 | 3,042,610 | -330,411 | 310,386 | 330,956 | 1.44% | +20,570 |
| Repligen Corp.(RGEN) | 0 | 111,612 | +111,612 | 0 | 18,289 | 0.08% | +18,289 |
| Linde PLC(LIN) | 0 | 195,575 | +195,575 | 0 | 83,391 | 0.36% | +83,391 |
| McDonald's Corp.(MCD) | 119,708 | 173,085 | +53,377 | 36,378 | 52,900 | 0.23% | +16,522 |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR(TSM) | 465,415 | 482,065 | +16,650 | 129,986 | 146,495 | 0.64% | +16,509 |
| Guardant Health Inc.(GH) | 0 | 156,256 | +156,256 | 0 | 15,960 | 0.07% | +15,960 |
| Motorola Solutions Inc.(MSI) | 0 | 272,359 | +272,359 | 0 | 104,401 | 0.45% | +104,401 |
| Royal Gold Inc.(RGLD) | 0 | 77,885 | +77,885 | 0 | 17,313 | 0.08% | +17,313 |
| State Street Consumer Staples Select Sector SPDR ETF ST STR STAPL ETF | 0 | 853,974 | +853,974 | 0 | 66,337 | 0.29% | +66,337 |
| Alcoa Corp.(AA) | 0 | 242,337 | +242,337 | 0 | 12,878 | 0.06% | +12,878 |
| Cameco Corp.(CCJ) | 0 | 2,299,732 | +2,299,732 | 0 | 210,519 | 0.91% | +210,519 |
| Halliburton Co.(HAL) | 0 | 446,444 | +446,444 | 0 | 12,617 | 0.05% | +12,617 |
| State Street Utilities Select Sector SPDR ETF ST STR UTIL ETF | 0 | 593,506 | +593,506 | 0 | 25,337 | 0.11% | +25,337 |
| Rocket Lab Corp.(RKLB) | 217,235 | 320,232 | +102,997 | 10,408 | 22,339 | 0.10% | +11,932 |
| Thomson Reuters Corp. | 870,312 | 1,113,665 | +243,353 | 135,592 | 147,323 | 0.64% | +11,731 |
| Ally Financial Inc.(ALLY) | 0 | 249,473 | +249,473 | 0 | 11,299 | 0.05% | +11,299 |
| MKS Inc.(MKSI) | 0 | 69,733 | +69,733 | 0 | 11,143 | 0.05% | +11,143 |
| StandardAero Inc.(SARO) | 0 | 387,048 | +387,048 | 0 | 11,101 | 0.05% | +11,101 |
| Vanguard Ftse Emerging Market | 0 | 263,354 | +263,354 | 0 | 14,158 | 0.06% | +14,158 |
| Insmed Inc.(INSM) | 0 | 58,835 | +58,835 | 0 | 10,240 | 0.04% | +10,240 |
| Tesla Inc.(TSLA) | 550,663 | 566,933 | +16,270 | 244,891 | 254,961 | 1.11% | +10,070 |
| Vanguard Ftse Developed Mrkt E | 1,569,061 | 1,662,448 | +93,387 | 94,018 | 103,853 | 0.45% | +9,835 |
| Canadian Imperial Bank of Commerce(CM) | 862,952 | 868,400 | +5,448 | 69,349 | 79,126 | 0.34% | +9,777 |
| Suncor Energy Inc.(SU) | 0 | 2,558,476 | +2,558,476 | 0 | 139,627 | 0.61% | +139,627 |
| Johnson & Johnson(JNJ) | 588,745 | 572,755 | -15,990 | 109,165 | 118,532 | 0.51% | +9,367 |
| Celsius Holdings Inc.(CELH) | 0 | 201,776 | +201,776 | 0 | 9,229 | 0.04% | +9,229 |
| Emera Inc.(EMA) | 0 | 198,224 | +198,224 | 0 | 9,993 | 0.04% | +9,993 |
| Howmet Aerospace Inc.(HWM) | 0 | 692,170 | +692,170 | 0 | 141,909 | 0.62% | +141,909 |
| Oceaneering International Inc.(OII) | 0 | 374,718 | +374,718 | 0 | 9,004 | 0.04% | +9,004 |
| Alphabet Inc.(GOOG) | 182,992 | 169,758 | -13,234 | 44,568 | 53,270 | 0.23% | +8,702 |
| Chubb Ltd. COM | 0 | 303,769 | +303,769 | 0 | 94,812 | 0.41% | +94,812 |
| Fidelity MSCI Health Care Index ETF | 907,336 | 928,163 | +20,827 | 60,674 | 68,944 | 0.30% | +8,270 |
| NexGen Energy Ltd.(NXE) | 708,557 | 1,582,979 | +874,422 | 6,344 | 14,566 | 0.06% | +8,223 |
| Fabrinet(FN) | 0 | 17,477 | +17,477 | 0 | 7,957 | 0.03% | +7,957 |
| Manulife Financial Corp.(MFC) | 4,163,831 | 3,759,327 | -404,504 | 142,877 | 150,788 | 0.65% | +7,911 |
| Bridgebio Pharma Inc.(BBIO) | 0 | 0 | 0 | 0 | 7,858 | 0.03% | +7,858 |
| Pembina Pipeline Corp.(PBA) | 0 | 2,261,156 | +2,261,156 | 0 | 86,232 | 0.37% | +86,232 |
| Salesforce Inc.(CRM) | 281,054 | 277,230 | -3,824 | 66,610 | 73,441 | 0.32% | +6,831 |
| Gildan Activewear Inc.(GIL) | 0 | 103,815 | +103,815 | 0 | 6,489 | 0.03% | +6,489 |
| The TJX Cos. Inc.(TJX) | 860,223 | 850,882 | -9,341 | 124,337 | 130,704 | 0.57% | +6,367 |
| Fidelity MSCI Consumer Staples Index ETF | 0 | 600,874 | +600,874 | 0 | 29,557 | 0.13% | +29,557 |
| Pan American Silver Corp.(PAAS) | 0 | 818,178 | +818,178 | 0 | 42,419 | 0.18% | +42,419 |
| Fidelity MSCI Utilities Index ETF | 0 | 210,568 | +210,568 | 0 | 11,628 | 0.05% | +11,628 |
| CBRE Group Inc.(CBRE) | 737,947 | 756,580 | +18,633 | 116,271 | 121,650 | 0.53% | +5,380 |
| Applied Optoelectronics Inc.(AAOI) | 0 | 0 | 0 | 0 | 5,278 | 0.02% | +5,278 |
| Silvercorp Metals Inc.(SVM) | 0 | 0 | 0 | 0 | 5,260 | 0.02% | +5,260 |
| Lumentum Holdings Inc.(LITE) | 0 | 14,181 | +14,181 | 0 | 5,227 | 0.02% | +5,227 |
| Magna International Inc.(MGA) | 299,523 | 361,836 | +62,313 | 14,191 | 19,287 | 0.08% | +5,096 |
| Morgan Stanley(MS) | 0 | 272,105 | +272,105 | 0 | 48,307 | 0.21% | +48,307 |
| Huntington Ingalls Industries Inc.(HII) | 0 | 35,637 | +35,637 | 0 | 12,119 | 0.05% | +12,119 |
| Bristol-Myers Squibb Co.(BMY) | 0 | 573,399 | +573,399 | 0 | 30,929 | 0.13% | +30,929 |
| Guardant Health Inc.(GH) | 0 | 0 | 0 | 0 | 5,716 | 0.02% | +5,716 |
| Nutrien Ltd.(NTR) | 0 | 1,138,537 | +1,138,537 | 0 | 87,402 | 0.38% | +87,402 |
| Quanta Services Inc. | 0 | 219,617 | +219,617 | 0 | 92,692 | 0.40% | +92,692 |
| Shopify Inc.(SHOP) | 0 | 144,859 | +144,859 | 0 | 23,460 | 0.10% | +23,460 |
| Solstice Advanced Materials Inc.(SOLS) | 0 | 84,540 | +84,540 | 0 | 4,107 | 0.02% | +4,107 |
| Cisco Systems Inc.(CSCO) | 0 | 626,481 | +626,481 | 0 | 48,258 | 0.21% | +48,258 |
| McKesson Corp.(MCK) | 0 | 4,841 | +4,841 | 0 | 3,971 | 0.02% | +3,971 |
| The Timken Co.(TKR) | 0 | 473,948 | +473,948 | 0 | 39,873 | 0.17% | +39,873 |
| Stifel Financial Corp.(SF) | 0 | 128,815 | +128,815 | 0 | 16,130 | 0.07% | +16,130 |
| Eli Lilly and Co.(LLY) | 0 | 85,835 | +85,835 | 0 | 92,245 | 0.40% | +92,245 |
| MP Materials Corp.(MP) | 0 | 72,375 | +72,375 | 0 | 3,656 | 0.02% | +3,656 |
| Evercore Inc.(EVR) | 0 | 59,927 | +59,927 | 0 | 20,390 | 0.09% | +20,390 |
| Accenture PLC SHS CLASS A | 0 | 187,056 | +187,056 | 0 | 50,187 | 0.22% | +50,187 |