NICOLA WEALTH MANAGEMENT LTD.
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| BANK NOVA SCOTIA HALIFAX | 517,300 | 1,361,500 | +844,200 | 33,452,143 | 100,429,661 | +66,977,518 |
| TETRA TECH INC NEW | 0 | 365,000 | +365,000 | 0 | 12,242,100 | +12,242,100 |
| GARTNER INC | 0 | 35,500 | +35,500 | 0 | 8,955,940 | +8,955,940 |
| TOTALENERGIES SE | 0 | 144,000 | +144,000 | 0 | 8,004,960 | +8,004,960 |
| FIRSTSERVICE CORP NEW | 0 | 50,390 | +50,390 | 0 | 7,837,465 | +7,837,465 |
| PEMBINA PIPELINE CORP | 771,500 | 987,800 | +216,300 | 31,196,082 | 37,637,674 | +6,441,592 |
| TFI INTL INC | 81,000 | 126,600 | +45,600 | 7,129,144 | 13,087,581 | +5,958,437 |
| HDFC BANK LTD | 312,000 | 403,000 | +91,000 | 10,657,194 | 14,725,620 | +4,068,426 |
| INFOSYS LTD | 822,000 | 948,000 | +126,000 | 13,373,029 | 16,893,360 | +3,520,331 |
| BCE INC | 632,400 | 729,000 | +96,600 | 14,778,475 | 17,391,671 | +2,613,196 |
| SANMINA CORPORATION | 55,100 | 55,100 | 0 | 6,342,129 | 8,268,857 | +1,926,728 |
| TAIWAN SEMICONDUCTOR MFG LTD | 67,000 | 67,000 | 0 | 18,711,156 | 20,360,630 | +1,649,474 |
| SUN LIFE FINANCIAL INC. | 356,800 | 366,900 | +10,100 | 21,427,054 | 22,906,687 | +1,479,633 |
| COCA COLA CONS INC | 40,600 | 40,600 | 0 | 4,756,372 | 6,223,980 | +1,467,608 |
| AFFILIATED MANAGERS GROUP IN | 29,000 | 29,000 | 0 | 6,913,999 | 8,360,120 | +1,446,121 |
| NETFLIX INC | 12,000 | 167,000 | +155,000 | 14,387,040 | 15,657,920 | +1,270,880 |
| EDGEWELL PERS CARE CO | 199,200 | 308,200 | +109,000 | 4,055,436 | 5,254,810 | +1,199,374 |
| IONIS PHARMACEUTICALS INC | 87,000 | 87,000 | 0 | 5,691,152 | 6,882,570 | +1,191,418 |
| SILGAN HLDGS INC | 105,900 | 136,900 | +31,000 | 4,554,449 | 5,526,653 | +972,204 |
| CANADIAN NATL RY CO | 198,800 | 198,800 | 0 | 18,748,642 | 19,664,881 | +916,239 |
| BROOKFIELD ASSET MANAGMT LTD | 216,558 | 251,758 | +35,200 | 12,324,991 | 13,190,076 | +865,085 |
| CROWN HLDGS INC | 132,000 | 132,000 | 0 | 12,749,880 | 13,592,040 | +842,160 |
| CARTERS INC | 179,100 | 179,100 | 0 | 5,053,858 | 5,808,213 | +754,355 |
| BRINKS CO | 41,600 | 47,600 | +6,000 | 4,861,045 | 5,556,348 | +695,303 |
| VISA INC | 71,000 | 71,000 | 0 | 24,237,980 | 24,900,410 | +662,430 |
| BENCHMARK ELECTRS INC | 124,600 | 124,600 | 0 | 4,803,003 | 5,327,896 | +524,893 |
| BROADCOM INC | 31,500 | 31,500 | 0 | 10,392,165 | 10,902,150 | +509,985 |
| AT&T INC | 789,400 | 916,400 | +127,000 | 22,292,656 | 22,763,376 | +470,720 |
| PRECISION DRILLING CORP | 28,000 | 28,000 | 0 | 1,577,068 | 2,009,487 | +432,419 |
| CGI INC | 122,000 | 122,000 | 0 | 10,867,474 | 11,270,565 | +403,091 |
| DEERE & CO | 45,500 | 45,500 | 0 | 20,805,330 | 21,183,435 | +378,105 |
| NABORS INDUSTRIES LTD | 23,200 | 23,200 | 0 | 948,119 | 1,259,760 | +311,641 |
| HYATT HOTELS CORP | 138,500 | 123,500 | -15,000 | 19,657,305 | 19,799,520 | +142,215 |
| PLEXUS CORP | 46,000 | 46,000 | 0 | 6,655,287 | 6,762,000 | +106,713 |
| TORONTO DOMINION BK ONT | 427,202 | 363,302 | -63,900 | 34,161,553 | 34,245,452 | +83,899 |
| WALMART INC | 190,200 | 176,200 | -14,000 | 19,602,012 | 19,630,442 | +28,430 |
| NVIDIA CORPORATION | 123,000 | 123,000 | 0 | 22,949,340 | 22,939,500 | -9,840 |
| ISHARES TR | 125,000 | 125,000 | 0 | 10,148,059 | 10,078,750 | -69,309 |
| CANADIAN PACIFIC KANSAS CITY | 141,500 | 141,500 | 0 | 10,539,329 | 10,419,044 | -120,285 |
| ADOBE INC | 44,200 | 44,200 | 0 | 15,591,550 | 15,469,558 | -121,992 |
| COCA COLA CO | 185,000 | 170,000 | -15,000 | 12,269,200 | 11,884,700 | -384,500 |
| WASTE CONNECTIONS INC | 188,100 | 185,400 | -2,700 | 33,068,786 | 32,514,615 | -554,171 |
| UNION PAC CORP | 112,000 | 112,000 | 0 | 26,473,440 | 25,907,840 | -565,600 |
| INTUITIVE SURGICAL INC | 55,800 | 42,900 | -12,900 | 24,955,434 | 24,296,844 | -658,590 |
| SYNOPSYS INC | 29,200 | 29,200 | 0 | 14,406,988 | 13,715,824 | -691,164 |
| MSA SAFETY INC | 72,375 | 72,375 | 0 | 12,453,566 | 11,590,133 | -863,433 |
| AMAZON COM INC | 115,800 | 105,800 | -10,000 | 25,426,206 | 24,420,756 | -1,005,450 |
| RESIDEO TECHNOLOGIES INC | 157,600 | 157,600 | 0 | 6,804,705 | 5,534,912 | -1,269,793 |
| TJX COS INC NEW | 69,000 | 56,000 | -13,000 | 9,973,260 | 8,602,160 | -1,371,100 |
| CUBESMART | 309,000 | 309,000 | 0 | 12,563,940 | 11,139,450 | -1,424,490 |
| COPART INC | 255,000 | 255,000 | 0 | 11,467,350 | 9,983,250 | -1,484,100 |
| LINDE PLC | 39,800 | 39,800 | 0 | 18,905,000 | 16,970,322 | -1,934,678 |
| IDEXX LABS INC | 18,800 | 14,800 | -4,000 | 12,011,132 | 10,012,644 | -1,998,488 |
| GALLAGHER ARTHUR J & CO | 42,900 | 42,900 | 0 | 13,287,846 | 11,102,091 | -2,185,755 |
| MICROSOFT CORP | 66,560 | 66,560 | 0 | 34,474,752 | 32,189,747 | -2,285,005 |
| PERRIGO CO PLC | 281,000 | 281,000 | 0 | 6,257,444 | 3,911,520 | -2,345,924 |
| STANTEC INC | 81,200 | 64,600 | -16,600 | 8,757,800 | 6,096,835 | -2,660,965 |
| ALPHABET INC | 48,500 | 27,500 | -21,000 | 11,790,350 | 8,607,500 | -3,182,850 |
| CANADIAN NAT RES LTD | 575,900 | 432,900 | -143,000 | 18,415,957 | 14,665,006 | -3,750,951 |
| WATSCO INC | 17,000 | 8,000 | -9,000 | 6,873,100 | 2,695,600 | -4,177,500 |
| SERVICENOW INC | 27,600 | 138,000 | +110,400 | 25,399,728 | 21,140,220 | -4,259,508 |
| PROLOGIS INC. | 142,000 | 89,000 | -53,000 | 16,261,840 | 11,361,740 | -4,900,100 |
| META PLATFORMS INC | 41,000 | 31,700 | -9,300 | 30,109,580 | 20,924,853 | -9,184,727 |
| TC ENERGY CORP | 2,302,996 | 2,000,000 | -302,996 | 125,228,774 | 110,146,828 | -15,081,946 |
| TELUS CORPORATION | 2,125,419 | 1,223,219 | -902,200 | 33,478,988 | 16,124,190 | -17,354,798 |