NICOLA WEALTH MANAGEMENT LTD.
CIK: 0001734493SEC EDGAR →
Portfolio Value
$1.1B
Holdings
65
As of
Q4 2025
New Positions
65
Closed Positions
0
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | TC ENERGY CORP | 2,000,000 | $110.1M | 10.02% |
| 2 | BANK NOVA SCOTIA HALIFAX | 1,361,500 | $100.4M | 9.14% |
| 3 | PEMBINA PIPELINE CORP | 987,800 | $37.6M | 3.42% |
| 4 | TORONTO DOMINION BK ONT | 363,302 | $34.2M | 3.12% |
| 5 | WASTE CONNECTIONS INC | 185,400 | $32.5M | 2.96% |
| 6 | MICROSOFT CORP | 66,560 | $32.2M | 2.93% |
| 7 | UNION PAC CORP | 112,000 | $25.9M | 2.36% |
| 8 | VISA INC | 71,000 | $24.9M | 2.27% |
| 9 | AMAZON COM INC | 105,800 | $24.4M | 2.22% |
| 10 | INTUITIVE SURGICAL INC | 42,900 | $24.3M | 2.21% |
Quarterly Changes
New Positions (65)
$110.1M · 2.0M shares
$100.4M · 1.4M shares
$37.6M · 988K shares
$34.2M · 363K shares
$32.5M · 185K shares
$32.2M · 67K shares
$25.9M · 112K shares
$24.9M · 71K shares
$24.4M · 106K shares
$24.3M · 43K shares
$22.9M · 123K shares
$22.9M · 367K shares
$22.8M · 916K shares
$21.2M · 46K shares
$21.1M · 138K shares
$20.9M · 32K shares
$20.4M · 67K shares
$19.8M · 124K shares
$19.7M · 199K shares
$19.6M · 176K shares
$17.4M · 729K shares
$17.0M · 40K shares
$16.9M · 948K shares
$16.1M · 1.2M shares
$15.7M · 167K shares
$15.5M · 44K shares
$14.7M · 403K shares
$14.7M · 433K shares
$13.7M · 29K shares
$13.6M · 132K shares
$13.2M · 252K shares
$13.1M · 127K shares
$12.2M · 365K shares
$11.9M · 170K shares
$11.6M · 72K shares
$11.4M · 89K shares
$11.3M · 122K shares
$11.1M · 309K shares
$11.1M · 43K shares
$10.9M · 32K shares
$10.4M · 142K shares
$10.1M · 125K shares
$10.0M · 15K shares
$10.0M · 255K shares
$9.0M · 36K shares
$8.6M · 28K shares
$8.6M · 56K shares
$8.4M · 29K shares
$8.3M · 55K shares
$8.0M · 144K shares
$7.8M · 50K shares
$6.9M · 87K shares
$6.8M · 46K shares
$6.2M · 41K shares
$6.1M · 65K shares
$5.8M · 179K shares
$5.6M · 48K shares
$5.5M · 158K shares
$5.5M · 137K shares
$5.3M · 125K shares
$5.3M · 308K shares
$3.9M · 281K shares
$2.7M · 8K shares
$2.0M · 28K shares
$1.3M · 23K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Financial Services | 8 | $217.0M | 19.7% |
| Technology | 12 | $182.9M | 16.6% |
| Industrials | 12 | $156.8M | 14.3% |
| Energy | 6 | $155.7M | 14.2% |
| Communication Services | 6 | $101.5M | 9.2% |
| Consumer Cyclical | 6 | $77.7M | 7.1% |
| Consumer Defensive | 4 | $43.0M | 3.9% |
| Unknown | 3 | $41.1M | 3.7% |
| Healthcare | 3 | $38.2M | 3.5% |
| Utilities | 1 | $37.6M | 3.4% |
| Real Estate | 3 | $30.3M | 2.8% |
| Basic Materials | 1 | $17.0M | 1.5% |