Lorne Steinberg Wealth Management Inc. Q2 2025 Filing

Filed July 30, 2025

Portfolio Value

$382.9B

Holdings

70

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (70 positions)

#StockSharesValue% PortfolioType
1
RYRoyal Bank of Canada
121,904$16.1B4.20%
2
MSFTMicrosoft Corp
28,504$14.2B3.70%
3
CMCdn Imperial Bk of Commerce
180,597$13.0B3.38%
4
BRK/BBerkshire Hathaway B
23,126$11.2B2.93%
5
JPMJPMorgan Chase & Co
38,520$11.2B2.92%
6
TDToronto Dominion Bank
149,177$11.0B2.87%
7
GOOGLAlphabet Inc. Class A
60,555$10.7B2.79%
8
AXPAmerican Express Co.
32,839$10.5B2.74%
9
ALSAllstate Corporation
51,726$10.4B2.72%
10
BMOBank of Montreal
92,014$10.2B2.66%
11
METAMeta Platforms
13,634$10.1B2.63%
12
VVisa Inc.
27,973$9.9B2.59%
13
AMZNAmazon.Com Inc
44,739$9.8B2.56%
14
BNSBank of Nova Scotia
168,991$9.4B2.44%
15
TRPTC Energy Corp.
183,456$9.0B2.34%
16
DISWalt Disney Co.
71,845$8.9B2.33%
17
CTVACorteva Inc.
110,370$8.2B2.15%
18
SNNSmith & Nephew PLC ADR
262,440$8.0B2.10%
19
CSCOCisco Systems Inc
113,293$7.9B2.05%
20
CPCdn Pacific KC Railway Ltd
98,771$7.9B2.05%
21
EAElectronic Arts Inc
48,820$7.8B2.04%
22
LIESun Life Financial Inc.
116,274$7.7B2.02%
23
CVSCVS Health Corporation
109,757$7.6B1.98%
24
GSGoldman Sachs
10,395$7.4B1.92%
25
DWDMorgan Stanley
52,228$7.4B1.92%
26
CNRCdn National Railway
67,380$7.0B1.83%
27
TSMTaiwan Semiconductor Mfg ADR
29,088$6.6B1.72%
28
SBUXStarbucks Corp
69,711$6.4B1.67%
29
BNBrookfield Corp
102,407$6.3B1.66%
30
MFCManulife Financial Corp.
191,895$6.1B1.60%
31
ULUnilever PLC ADR
94,571$5.8B1.51%
32
TUTelus Corp.
351,935$5.7B1.48%
33
DEODiageo PLC ADR
55,970$5.6B1.47%
34
VTRSViatris Inc
629,686$5.6B1.47%
35
NTRNutrien Ltd
95,021$5.5B1.45%
36
ADBEAdobe Systems Inc.
14,275$5.5B1.44%
37
JNJJohnson & Johnson
36,006$5.5B1.44%
38
OTXOpen Text Corp
168,298$4.9B1.29%
39
BDXBecton Dickinson & Co
27,313$4.7B1.23%
40
TSCOTractor Supply Co
88,387$4.7B1.22%
41
STTState Street Corp
39,255$4.2B1.09%
42
BCEBCE Inc.
180,623$4.0B1.05%
43
KVUEKenvue Inc
187,070$3.9B1.02%
44
RCI/BRogers Communications
122,961$3.6B0.95%
45
MIDDMiddleby Corp
24,335$3.5B0.92%
46
AAPLApple Inc.
15,975$3.3B0.86%
47
MGAMagna International Inc.
84,009$3.2B0.85%
48
KHCKraft Heinz Company
107,820$2.8B0.73%
49
CRCCDN Natural Resources LTD
87,210$2.7B0.72%
50
ADPAutomatic Data Processing Inc.
8,504$2.6B0.68%
51
NKENike Inc.Cl B
36,356$2.6B0.67%
52
WBDWarner Bros. Discovery Inc. Class A
222,397$2.5B0.67%
53
HYGiShares iBoxx $ High Yield Corporate Bond ETF
28,040$2.3B0.59%
54
SMGScotts Miracle-Gro Co.
34,115$2.3B0.59%
55
URTHiShares MSCI World ETF
9,779$1.7B0.43%
56
JNKSPDR Bloomberg Barclays High Yield Bond ETF
12,510$1.2B0.32%
57
BRK-BBERKSHIRE HATHAWAY CL A
1$728.8M0.19%
58
GOOGAlphabet Inc. Class C
3,315$588.0M0.15%
59
CVECenovus Energy Inc.
36,433$496.1M0.13%
60
NVDANVidia
2,902$458.5M0.12%
61
COSTCostco Wholesale Corp
456$451.4M0.12%
62
PGProcter and Gamble
2,555$407.1M0.11%
63
MCDMcDonalds Corp
1,247$364.3M0.10%
64
RCLRoyal Caribbean Cruises
1,000$313.1M0.08%
65
ORCLOracle Corp
1,275$278.8M0.07%
66
LLYEli Lilly & Co
315$245.6M0.06%
67
WMTWal Mart Stores
2,394$234.1M0.06%
68
DFJWisdomTree Japan SmallCap Dividend Fund
2,706$231.9M0.06%
69
INGING Groep ADR
10,250$224.2M0.06%
70
MRKMerck & Company
2,623$207.6M0.05%