NICOLA WEALTH MANAGEMENT LTD.
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| TC ENERGY CORP(TRP) | 257,696 | 2,302,996 | +2,045,300 | 12,578,289 | 125,228,774 | 11.15% | +112,650,485 |
| CANADIAN IMPERIAL BANK OF CO(CM) | 0 | 950,000 | +950,000 | 0 | 75,919,731 | 6.76% | +75,919,731 |
| PEMBINA PIPELINE CORP(PBA) | 305,400 | 771,500 | +466,100 | 11,464,833 | 31,196,082 | 2.78% | +19,731,249 |
| NVIDIA CORPORATION(NVDA) | 53,000 | 123,000 | +70,000 | 8,373,470 | 22,949,340 | 2.04% | +14,575,870 |
| SYNOPSYS INC(SNPS) | 0 | 29,200 | +29,200 | 0 | 14,406,988 | 1.28% | +14,406,988 |
| MSA SAFETY INC(MSA) | 0 | 72,375 | +72,375 | 0 | 12,453,566 | 1.11% | +12,453,566 |
| COPART INC(CPRT) | 0 | 255,000 | +255,000 | 0 | 11,467,350 | 1.02% | +11,467,350 |
| WASTE CONNECTIONS INC(WCN) | 117,400 | 188,100 | +70,700 | 21,922,778 | 33,068,786 | 2.94% | +11,146,008 |
| INTUITIVE SURGICAL INC | 26,600 | 55,800 | +29,200 | 14,454,706 | 24,955,434 | 2.22% | +10,500,728 |
| ISHARES TR | 0 | 125,000 | +125,000 | 0 | 10,148,059 | 0.90% | +10,148,059 |
| TFI INTL INC(TFII) | 0 | 81,000 | +81,000 | 0 | 7,129,144 | 0.63% | +7,129,144 |
| WATSCO INC(WSO) | 0 | 17,000 | +17,000 | 0 | 6,873,100 | 0.61% | +6,873,100 |
| BROOKFIELD ASSET MANAGMT LTD(BAM) | 100,558 | 216,558 | +116,000 | 5,564,652 | 12,324,991 | 1.10% | +6,760,339 |
| PLEXUS CORP(PLXS) | 0 | 46,000 | +46,000 | 0 | 6,655,287 | 0.59% | +6,655,287 |
| GALLAGHER ARTHUR J & CO(AJG) | 25,000 | 42,900 | +17,900 | 8,003,000 | 13,287,846 | 1.18% | +5,284,846 |
| UNION PAC CORP(UNP) | 94,200 | 112,000 | +17,800 | 21,673,536 | 26,473,440 | 2.36% | +4,799,904 |
| TAIWAN SEMICONDUCTOR MFG LTD(TSM) | 67,000 | 67,000 | 0 | 15,174,830 | 18,711,156 | 1.67% | +3,536,326 |
| COCA COLA CO(KO) | 130,000 | 185,000 | +55,000 | 9,197,500 | 12,269,200 | 1.09% | +3,071,700 |
| SUN LIFE FINANCIAL INC.(SLF) | 277,300 | 356,800 | +79,500 | 18,447,983 | 21,427,054 | 1.91% | +2,979,071 |
| CARTERS INC(CRI) | 71,100 | 179,100 | +108,000 | 2,142,243 | 5,053,858 | 0.45% | +2,911,615 |
| CANADIAN PACIFIC KANSAS CITY(CP) | 96,400 | 141,500 | +45,100 | 7,656,793 | 10,539,329 | 0.94% | +2,882,536 |
| SERVICENOW INC(NOW) | 22,000 | 27,600 | +5,600 | 22,617,760 | 25,399,728 | 2.26% | +2,781,968 |
| AFFILIATED MANAGERS GROUP IN | 22,000 | 29,000 | +7,000 | 4,328,940 | 6,913,999 | 0.62% | +2,585,059 |
| STANTEC INC(STN) | 59,100 | 81,200 | +22,100 | 6,429,403 | 8,757,800 | 0.78% | +2,328,397 |
| IONIS PHARMACEUTICALS INC(IONS) | 87,000 | 87,000 | 0 | 3,437,370 | 5,691,152 | 0.51% | +2,253,782 |
| HDFC BANK LTD(HDB) | 115,000 | 312,000 | +197,000 | 8,817,050 | 10,657,194 | 0.95% | +1,840,144 |
| AT&T INC(T) | 709,400 | 789,400 | +80,000 | 20,530,036 | 22,292,656 | 1.98% | +1,762,620 |
| RESIDEO TECHNOLOGIES INC(REZI) | 229,600 | 157,600 | -72,000 | 5,064,976 | 6,804,705 | 0.61% | +1,739,729 |
| EDGEWELL PERS CARE CO(EPC) | 110,200 | 199,200 | +89,000 | 2,579,782 | 4,055,436 | 0.36% | +1,475,654 |
| BRINKS CO(BCO) | 41,600 | 41,600 | 0 | 3,714,464 | 4,861,045 | 0.43% | +1,146,581 |
| META PLATFORMS INC(META) | 39,500 | 41,000 | +1,500 | 29,154,555 | 30,109,580 | 2.68% | +955,025 |
| SANMINA CORPORATION(SANM) | 55,100 | 55,100 | 0 | 5,390,433 | 6,342,129 | 0.56% | +951,696 |
| PERRIGO CO PLC(PRGO) | 203,000 | 281,000 | +78,000 | 5,424,160 | 6,257,444 | 0.56% | +833,284 |
| INFOSYS LTD(INFY) | 680,000 | 822,000 | +142,000 | 12,600,400 | 13,373,029 | 1.19% | +772,629 |
| BCE INC(BCE) | 632,400 | 632,400 | 0 | 14,022,379 | 14,778,475 | 1.32% | +756,096 |
| CANADIAN NATL RY CO(CNI) | 174,600 | 198,800 | +24,200 | 18,189,423 | 18,748,642 | 1.67% | +559,219 |
| TELUS CORPORATION(TU) | 2,053,419 | 2,125,419 | +72,000 | 32,972,301 | 33,478,988 | 2.98% | +506,687 |
| GRANITE REAL ESTATE INVT TR(GRTUF) | 90,500 | 90,500 | 0 | 4,596,762 | 5,029,025 | 0.45% | +432,263 |
| CANADIAN NAT RES LTD(CNQ) | 575,900 | 575,900 | 0 | 18,097,298 | 18,415,957 | 1.64% | +318,659 |
| HYATT HOTELS CORP(H) | 138,500 | 138,500 | 0 | 19,341,525 | 19,657,305 | 1.75% | +315,780 |
| NABORS INDUSTRIES LTD(NBR) | 23,200 | 23,200 | 0 | 650,064 | 948,119 | 0.08% | +298,055 |
| PRECISION DRILLING CORP(PDS) | 28,000 | 28,000 | 0 | 1,325,786 | 1,577,068 | 0.14% | +251,282 |
| LINDE PLC(LIN) | 39,800 | 39,800 | 0 | 18,673,364 | 18,905,000 | 1.68% | +231,636 |
| COCA COLA CONS INC(COKE) | 40,600 | 40,600 | 0 | 4,532,990 | 4,756,372 | 0.42% | +223,382 |
| HELMERICH & PAYNE INC(HP) | 25,900 | 25,900 | 0 | 392,644 | 572,092 | 0.05% | +179,448 |
| AMAZON COM INC(AMZN) | 115,800 | 115,800 | 0 | 25,405,362 | 25,426,206 | 2.26% | +20,844 |
| BENCHMARK ELECTRS INC(BHE) | 124,600 | 124,600 | 0 | 4,838,218 | 4,803,003 | 0.43% | -35,215 |
| ALLIANCEBERNSTEIN HLDG L P(AB) | 114,000 | 114,000 | 0 | 4,654,620 | 4,356,783 | 0.39% | -297,837 |
| HUDSON PAC PPTYS INC | 143,100 | 0 | -143,100 | 392,094 | 0 | — | -392,094 |
| HIGHWOODS PPTYS INC(HIW) | 19,160 | 0 | -19,160 | 595,684 | 0 | — | -595,684 |
| SL GREEN RLTY CORP(SLG) | 11,596 | 0 | -11,596 | 717,792 | 0 | — | -717,792 |
| BRIXMOR PPTY GROUP INC(BRX) | 29,060 | 0 | -29,060 | 756,722 | 0 | — | -756,722 |
| BLOOM ENERGY CORP | 35,000 | 0 | -35,000 | 837,200 | 0 | — | -837,200 |
| NEXTRACKER INC | 17,000 | 0 | -17,000 | 924,290 | 0 | — | -924,290 |
| NNN REIT INC(NNN) | 21,506 | 0 | -21,506 | 928,629 | 0 | — | -928,629 |
| VISA INC(V) | 71,000 | 71,000 | 0 | 25,208,550 | 24,237,980 | 2.16% | -970,570 |
| EASTGROUP PPTYS INC(EGP) | 6,200 | 0 | -6,200 | 1,036,144 | 0 | — | -1,036,144 |
| CUBESMART(CUBE) | 320,300 | 309,000 | -11,300 | 13,612,750 | 12,563,940 | 1.12% | -1,048,810 |
| AMERICAN TOWER CORP NEW(AMT) | 4,881 | 0 | -4,881 | 1,078,799 | 0 | — | -1,078,799 |
| TETRA TECH INC NEW(TTEK) | 30,000 | 0 | -30,000 | 1,078,800 | 0 | — | -1,078,800 |
| ENPHASE ENERGY INC(ENPH) | 28,000 | 0 | -28,000 | 1,110,200 | 0 | — | -1,110,200 |
| VERTIV HOLDINGS CO(VRT) | 9,000 | 0 | -9,000 | 1,155,690 | 0 | — | -1,155,690 |
| SILGAN HLDGS INC(SLGN) | 105,900 | 105,900 | 0 | 5,737,662 | 4,554,449 | 0.41% | -1,183,213 |
| REGENCY CTRS CORP(REG) | 17,900 | 0 | -17,900 | 1,275,017 | 0 | — | -1,275,017 |
| DEERE & CO(DE) | 43,500 | 45,500 | +2,000 | 22,119,315 | 20,805,330 | 1.85% | -1,313,985 |
| SONIDA SENIOR LIVING INC(SNDA) | 54,977 | 0 | -54,977 | 1,371,676 | 0 | — | -1,371,676 |
| SIMON PPTY GROUP INC NEW(SPG) | 8,550 | 0 | -8,550 | 1,374,498 | 0 | — | -1,374,498 |
| CBRE GROUP INC(CBRE) | 10,055 | 0 | -10,055 | 1,408,907 | 0 | — | -1,408,907 |
| HILTON WORLDWIDE HLDGS INC(HLT) | 5,440 | 0 | -5,440 | 1,448,890 | 0 | — | -1,448,890 |
| AGREE RLTY CORP | 20,296 | 0 | -20,296 | 1,482,826 | 0 | — | -1,482,826 |
| VENTAS INC(VTR) | 23,770 | 0 | -23,770 | 1,501,075 | 0 | — | -1,501,075 |
| ADOBE INC(ADBE) | 44,200 | 44,200 | 0 | 17,100,096 | 15,591,550 | 1.39% | -1,508,546 |
| PUBLIC STORAGE OPER CO(PSA) | 5,480 | 0 | -5,480 | 1,607,942 | 0 | — | -1,607,942 |
| NETFLIX INC(NFLX) | 12,000 | 12,000 | 0 | 16,069,560 | 14,387,040 | 1.28% | -1,682,520 |
| VICI PPTYS INC(VICI) | 52,537 | 0 | -52,537 | 1,712,706 | 0 | — | -1,712,706 |
| CAMDEN PPTY TR(CPT) | 15,471 | 0 | -15,471 | 1,743,427 | 0 | — | -1,743,427 |
| TJX COS INC NEW(TJX) | 96,000 | 69,000 | -27,000 | 11,855,040 | 9,973,260 | 0.89% | -1,881,780 |
| CGI INC(GIB) | 122,000 | 122,000 | 0 | 12,810,000 | 10,867,474 | 0.97% | -1,942,526 |
| PROLOGIS INC.(PLD) | 173,544 | 142,000 | -31,544 | 18,242,945 | 16,261,840 | 1.45% | -1,981,105 |
| INVITATION HOMES INC(INVH) | 61,231 | 0 | -61,231 | 2,008,377 | 0 | — | -2,008,377 |
| MICROSOFT CORP(MSFT) | 73,560 | 66,560 | -7,000 | 36,589,480 | 34,474,752 | 3.07% | -2,114,728 |
| WALGREENS BOOTS ALLIANCE INC | 190,000 | 0 | -190,000 | 2,181,200 | 0 | — | -2,181,200 |
| FOOT LOCKER INC | 91,000 | 0 | -91,000 | 2,229,500 | 0 | — | -2,229,500 |
| CAMECO CORP(CCJ) | 31,000 | 0 | -31,000 | 2,301,784 | 0 | — | -2,301,784 |
| FIRST SOLAR INC(FSLR) | 14,000 | 0 | -14,000 | 2,317,560 | 0 | — | -2,317,560 |
| EQUITY RESIDENTIAL(EQR) | 34,943 | 0 | -34,943 | 2,358,303 | 0 | — | -2,358,303 |
| HA SUSTAINABLE INFRA CAP INC(HASI) | 90,000 | 0 | -90,000 | 2,417,400 | 0 | — | -2,417,400 |
| DUN & BRADSTREET HLDGS INC | 267,000 | 0 | -267,000 | 2,427,030 | 0 | — | -2,427,030 |
| ITRON INC(ITRI) | 18,500 | 0 | -18,500 | 2,435,155 | 0 | — | -2,435,155 |
| QUANTA SVCS INC | 7,000 | 0 | -7,000 | 2,646,560 | 0 | — | -2,646,560 |
| NEXTERA ENERGY INC(NEE) | 38,500 | 0 | -38,500 | 2,672,670 | 0 | — | -2,672,670 |
| AMERICAN WTR WKS CO INC NEW | 19,500 | 0 | -19,500 | 2,712,645 | 0 | — | -2,712,645 |
| ORMAT TECHNOLOGIES INC(ORA) | 32,500 | 0 | -32,500 | 2,722,200 | 0 | — | -2,722,200 |
| CONSTELLATION ENERGY CORP(CEG) | 8,500 | 0 | -8,500 | 2,743,460 | 0 | — | -2,743,460 |
| EQUINIX INC(EQIX) | 3,486 | 0 | -3,486 | 2,773,008 | 0 | — | -2,773,008 |
| BROOKFIELD RENEWABLE PARTNER | 110,000 | 0 | -110,000 | 2,804,112 | 0 | — | -2,804,112 |
| XYLEM INC(XYL) | 22,000 | 0 | -22,000 | 2,845,920 | 0 | — | -2,845,920 |
| DIGITAL RLTY TR INC(DLR) | 17,732 | 0 | -17,732 | 3,091,220 | 0 | — | -3,091,220 |
| WELLTOWER INC(WELL) | 20,642 | 0 | -20,642 | 3,173,295 | 0 | — | -3,173,295 |
| WALMART INC(WMT) | 240,200 | 190,200 | -50,000 | 23,486,756 | 19,602,012 | 1.74% | -3,884,744 |