NICOLA WEALTH MANAGEMENT LTD.
CIK 0001734493
Annualised vol
10.24623%
Beta
0.50092
HHI
212.102147
Top-10 weight
30.33371%
VaR 95%
0.986985%
VaR 99%
1.879533%
Max drawdown
15.832478%
Matched value
75.568488%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| WCN | ADDED | 243,000 | 208,600 | 16.49% | 40,496,197 |
| PBA | UNCHANGED | 664,500 | 664,500 | 0.0% | 30,731,193 |
| NVDA | ADDED | 134,500 | 123,000 | 9.35% | 26,912,105 |
| MSFT | ADDED | 67,060 | 53,060 | 26.39% | 25,014,721 |
| V | UNCHANGED | 71,000 | 71,000 | 0.0% | 24,359,390 |
| META | ADDED | 37,700 | 33,200 | 13.55% | 21,236,033 |
| GOOGL | ADDED | 58,000 | 45,000 | 28.89% | 20,727,460 |
| LIN | UNCHANGED | 39,800 | 39,800 | 0.0% | 20,653,812 |
| AMZN | UNCHANGED | 83,800 | 83,800 | 0.0% | 19,972,892 |
| TTE | UNCHANGED | 257,000 | 257,000 | 0.0% | 19,971,636 |
| AVGO | ADDED | 51,900 | 37,500 | 38.4% | 19,605,225 |
| STN | ADDED | 273,800 | 202,800 | 35.01% | 18,875,972 |
| SNPS | UNCHANGED | 40,700 | 40,700 | 0.0% | 18,155,049 |
| HDB | ADDED | 685,000 | 538,000 | 27.32% | 17,693,550 |
| AAPL | UNCHANGED | 61,000 | 61,000 | 0.0% | 17,650,960 |
| H | REDUCED | 90,800 | 105,500 | -13.93% | 17,600,672 |
| HD | NEW | 49,000 | - | - | 17,281,320 |
| ISRG | UNCHANGED | 42,900 | 42,900 | 0.0% | 17,060,472 |
| SLF | REDUCED | 204,800 | 394,400 | -48.07% | 16,071,943 |
| NFLX | UNCHANGED | 222,700 | 222,700 | 0.0% | 15,900,780 |
| BCE | UNCHANGED | 729,000 | 729,000 | 0.0% | 15,695,926 |
| FSV | ADDED | 98,990 | 86,090 | 14.98% | 14,069,570 |
| INFY | ADDED | 1,316,000 | 1,141,000 | 15.34% | 13,804,840 |
| NOW | REDUCED | 121,500 | 151,500 | -19.8% | 12,062,520 |
| TTEK | UNCHANGED | 411,000 | 411,000 | 0.0% | 11,873,790 |
| DE | REDUCED | 18,700 | 26,100 | -28.35% | 11,861,971 |
| SYK | NEW | 36,800 | - | - | 11,586,112 |
| MSA | UNCHANGED | 65,375 | 65,375 | 0.0% | 11,413,168 |
| T | REDUCED | 530,400 | 758,400 | -30.06% | 10,979,280 |
| AMG | UNCHANGED | 29,000 | 29,000 | 0.0% | 9,813,600 |
| MSI | UNCHANGED | 23,000 | 23,000 | 0.0% | 9,551,670 |
| SANM | REDUCED | 36,100 | 50,100 | -27.94% | 9,136,188 |
| ADBE | UNCHANGED | 44,200 | 44,200 | 0.0% | 9,061,884 |
| PLXS | UNCHANGED | 29,000 | 29,000 | 0.0% | 8,719,430 |
| EPC | UNCHANGED | 308,200 | 308,200 | 0.0% | 8,278,252 |
| KO | REDUCED | 98,500 | 170,000 | -42.06% | 8,005,095 |
| GIB | UNCHANGED | 122,000 | 122,000 | 0.0% | 7,881,979 |
| OWL | NEW | 715,000 | - | - | 7,772,050 |
| TFII | NEW | 46,700 | - | - | 6,719,152 |
| PRGO | ADDED | 596,000 | 364,000 | 63.74% | 6,192,440 |
| CRI | UNCHANGED | 141,100 | 141,100 | 0.0% | 5,807,676 |
| REZI | UNCHANGED | 157,600 | 157,600 | 0.0% | 4,901,360 |
| LIVN | NEW | 55,000 | - | - | 4,522,650 |
| BCO | UNCHANGED | 47,600 | 47,600 | 0.0% | 4,497,724 |
| IONS | UNCHANGED | 52,000 | 52,000 | 0.0% | 4,123,080 |
| NBR | UNCHANGED | 23,200 | 23,200 | 0.0% | 1,949,032 |
| TU | CLOSED OUT | 0 | 1,223,219 | -100.0% | 0 |
| CUBE | CLOSED OUT | 0 | 309,000 | -100.0% | 0 |
| WMT | CLOSED OUT | 0 | 105,200 | -100.0% | 0 |
| PLD | CLOSED OUT | 0 | 89,000 | -100.0% | 0 |
| PDS | CLOSED OUT | 0 | 28,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| WCN | ADDED | WASTE CONNECTIONS INC | COM | 94106B101 | 40,496,197 | 4.66 | 243000.0 |
| PBA | UNCHANGED | PEMBINA PIPELINE CORP | COM | 706327103 | 30,731,193 | 3.54 | 664500.0 |
| NVDA | ADDED | NVIDIA CORPORATION | COM | 67066G104 | 26,912,105 | 3.1 | 134500.0 |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 25,014,721 | 2.88 | 67060.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 24,833,640 | 2.86 | 52000.0 | |
| V | UNCHANGED | VISA INC | COM CL A | 92826C839 | 24,359,390 | 2.81 | 71000.0 |
| - | BROOKFIELD INFRASTRUCTURE PA | LP INT UNIT | G16252101 | 24,266,305 | 2.79 | 664700.0 | |
| - | BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 | 23,120,841 | 2.66 | 515658.0 | |
| - | TORONTO DOMINION BK ONT | COM NEW | 891160509 | 22,337,597 | 2.57 | 183802.0 | |
| - | UNION PAC CORP | COM | 907818108 | 21,352,000 | 2.46 | 78500.0 | |
| META | ADDED | META PLATFORMS INC | CL A | 30303M102 | 21,236,033 | 2.45 | 37700.0 |
| GOOGL | ADDED | ALPHABET INC | CAP STK CL A | 02079K305 | 20,727,460 | 2.39 | 58000.0 |
| LIN | UNCHANGED | LINDE PLC | SHS | G54950103 | 20,653,812 | 2.38 | 39800.0 |
| - | CANADIAN NATL RY CO | COM | 136375102 | 20,111,037 | 2.32 | 168600.0 | |
| AMZN | UNCHANGED | AMAZON COM INC | COM | 023135106 | 19,972,892 | 2.3 | 83800.0 |
| TTE | UNCHANGED | TOTALENERGIES SE | ACT | F92124100 | 19,971,636 | 2.3 | 257000.0 |
| AVGO | ADDED | BROADCOM INC | COM | 11135F101 | 19,605,225 | 2.26 | 51900.0 |
| STN | ADDED | STANTEC INC | COM | 85472N109 | 18,875,972 | 2.17 | 273800.0 |
| SNPS | UNCHANGED | SYNOPSYS INC | COM | 871607107 | 18,155,049 | 2.09 | 40700.0 |
| HDB | ADDED | HDFC BANK LTD | SPONSORED ADS | 40415F101 | 17,693,550 | 2.04 | 685000.0 |
| AAPL | UNCHANGED | APPLE INC | COM | 037833100 | 17,650,960 | 2.03 | 61000.0 |
| H | REDUCED | HYATT HOTELS CORP | COM CL A | 448579102 | 17,600,672 | 2.03 | 90800.0 |
| HD | NEW | HOME DEPOT INC | COM | 437076102 | 17,281,320 | 1.99 | 49000.0 |
| ISRG | UNCHANGED | INTUITIVE SURGICAL INC | COM NEW | 46120E602 | 17,060,472 | 1.96 | 42900.0 |
| SLF | REDUCED | SUN LIFE FINANCIAL INC. | COM | 866796105 | 16,071,943 | 1.85 | 204800.0 |
| NFLX | UNCHANGED | NETFLIX INC. | COM | 64110L106 | 15,900,780 | 1.83 | 222700.0 |
| BCE | UNCHANGED | BCE INC | COM NEW | 05534B760 | 15,695,926 | 1.81 | 729000.0 |
| - | GALLAGHER ARTHUR J & CO | COM | 363576109 | 15,013,878 | 1.73 | 65400.0 | |
| - | CROWN HLDGS INC | COM | 228368106 | 14,760,240 | 1.7 | 132000.0 | |
| FSV | ADDED | FIRSTSERVICE CORP NEW | COM | 33767E202 | 14,069,570 | 1.62 | 98990.0 |
| INFY | ADDED | INFOSYS LTD | SPONSORED ADR | 456788108 | 13,804,840 | 1.59 | 1316000.0 |
| NOW | REDUCED | SERVICENOW INC | COM | 81762P102 | 12,062,520 | 1.39 | 121500.0 |
| TTEK | UNCHANGED | TETRA TECH INC NEW | COM | 88162G103 | 11,873,790 | 1.37 | 411000.0 |
| DE | REDUCED | DEERE & CO | COM | 244199105 | 11,861,971 | 1.37 | 18700.0 |
| SYK | NEW | STRYKER CORPORATION | COM | 863667101 | 11,586,112 | 1.33 | 36800.0 |
| MSA | UNCHANGED | MSA SAFETY INC | COM | 553498106 | 11,413,168 | 1.31 | 65375.0 |
| - | MOODYS CORP | COM | 615369105 | 11,368,292 | 1.31 | 25100.0 | |
| T | REDUCED | AT&T INC | COM | 00206R102 | 10,979,280 | 1.26 | 530400.0 |
| - | BENCHMARK ELECTRS INC | COM | 08160H101 | 10,024,872 | 1.15 | 101600.0 | |
| AMG | UNCHANGED | AFFILIATED MANAGERS GROUP | COM | 008252108 | 9,813,600 | 1.13 | 29000.0 |
| MSI | UNCHANGED | MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | 9,551,670 | 1.1 | 23000.0 |
| SANM | REDUCED | SANMINA CORP | COM | 801056102 | 9,136,188 | 1.05 | 36100.0 |
| ADBE | UNCHANGED | ADOBE INC | COM | 00724F101 | 9,061,884 | 1.04 | 44200.0 |
| PLXS | UNCHANGED | PLEXUS CORP | COM | 729132100 | 8,719,430 | 1.0 | 29000.0 |
| EPC | UNCHANGED | EDGEWELL PERSONAL CARE CO | COM | 28035Q102 | 8,278,252 | 0.95 | 308200.0 |
| KO | REDUCED | COCA COLA CO | COM | 191216100 | 8,005,095 | 0.92 | 98500.0 |
| GIB | UNCHANGED | CGI INC | CL A SUB VTG | 12532H104 | 7,881,979 | 0.91 | 122000.0 |
| - | IDEXX LABS INC | COM | 45168D104 | 7,791,312 | 0.9 | 14800.0 | |
| OWL | NEW | BLUE OWL CAPITAL CORPORATION | COM | 69121K104 | 7,772,050 | 0.89 | 715000.0 |
| TFII | NEW | TFI INTERNATIONAL INC | COM | 87241L109 | 6,719,152 | 0.77 | 46700.0 |
| - | SILGAN HLDGS INC | COM | 827048109 | 6,350,791 | 0.73 | 136900.0 | |
| PRGO | ADDED | PERRIGO CO PLC | SHS | G97822103 | 6,192,440 | 0.71 | 596000.0 |
| CRI | UNCHANGED | CARTERS INC | COM | 146229109 | 5,807,676 | 0.67 | 141100.0 |
| - | COCA COLA CONS INC | COM | 191098102 | 5,651,232 | 0.65 | 29600.0 | |
| REZI | UNCHANGED | RESIDEO TECHNOLOGIES INC | COM | 76118Y104 | 4,901,360 | 0.56 | 157600.0 |
| LIVN | NEW | LIVANOVA PLC | SHS | G5509L101 | 4,522,650 | 0.52 | 55000.0 |
| BCO | UNCHANGED | BRINKS CO | COM | 109696104 | 4,497,724 | 0.52 | 47600.0 |
| IONS | UNCHANGED | IONIS PHARMACEUTICALS INC | COM | 462222100 | 4,123,080 | 0.47 | 52000.0 |
| - | TJX COS INC NEW | COM | 872540109 | 4,090,500 | 0.47 | 27000.0 | |
| NBR | UNCHANGED | NABORS INDUSTRIES LTD | SHS | G6359F137 | 1,949,032 | 0.22 | 23200.0 |
| - | ISHARES TR | IBOXX HI YD ETF | 464288513 | 1,095,589 | 0.13 | 13700.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-06 | 868,419,947 | 61 | 10.24623 | 0.50092 | 15.832478 |
| 2026-03-31 | 2026-05-07 | 833,039,315 | 62 | 9.755605 | 0.476225 | 15.574551 |
| 2025-12-31 | 2026-02-09 | 1,098,960,742 | 65 | 8.250494 | 0.395573 | 12.589682 |
| 2025-09-30 | 2025-10-31 | 1,123,384,297 | 65 | 8.295628 | 0.398542 | 13.326091 |
| 2025-03-31 | 2025-05-08 | 1,232,086,723 | 111 | 7.612123 | 0.370303 | 12.368793 |
| 2024-12-31 | 2025-02-06 | 1,056,017,268 | 107 | 9.310427 | 0.452689 | 15.306101 |