CIDEL ASSET MANAGEMENT INC Q4 2025 Filing

Filed January 21, 2026

Portfolio Value

$1.4B

Holdings

365

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (365 positions)

#StockSharesValue% PortfolioType
1
MSFTMICROSOFT CORP
157,288$76.1M5.38%
2
AZNASTRAZENECA PLC
562,431$51.7M3.66%
3
RYROYAL BK CDA
293,353$50.1M3.54%
4
VVISA INC
136,679$47.9M3.39%
5
WTWWILLIS TOWERS WATSON PLC LTD
130,190$42.8M3.03%
6
JJACOBS SOLUTIONS INC
310,471$41.1M2.91%
7
ABTABBOTT LABS
322,225$40.4M2.86%
8
RBARB GLOBAL INC
332,419$34.3M2.42%
9
NVDANVIDIA CORPORATION
174,535$32.5M2.30%
10
SAPSAP SE
127,902$31.1M2.20%
11
FTSFORTIS INC
537,541$28.0M1.98%
12
CMCANADIAN IMPERIAL BANK OF CO
304,082$27.6M1.95%
13
JPMJPMORGAN CHASE & CO.
85,015$27.4M1.94%
14
LLYELI LILLY & CO
25,133$27.0M1.91%
15
CNRCANADIAN NATL RY CO
267,907$26.5M1.88%
16
QSRRESTAURANT BRANDS INTL INC
386,561$26.4M1.87%
17
MARMARRIOTT INTL INC NEW
79,769$24.7M1.75%
18
CMSCMS ENERGY CORP
341,790$23.9M1.69%
19
CLCOLGATE PALMOLIVE CO
301,187$23.8M1.68%
20
WECWEC ENERGY GROUP INC
202,967$21.4M1.51%
21
AAPLAPPLE INC
77,102$21.0M1.48%
22
TDTORONTO DOMINION BK ONT
201,604$19.0M1.35%
23
MLB1MERCADOLIBRE INC
9,319$18.8M1.33%
24
OTXOPEN TEXT CORP
557,011$18.2M1.28%
25
UNPUNION PAC CORP
78,235$18.1M1.28%
26
CBOECBOE GLOBAL MKTS INC
70,967$17.8M1.26%
27
AQN.TOALGONQUIN PWR UTILS CORP
2,487,838$15.3M1.08%
28
RSPINVESCO EXCHANGE TRADED FD T
78,090$15.0M1.06%
29
MFCMANULIFE FINL CORP
410,817$14.9M1.06%
30
MSIMOTOROLA SOLUTIONS INC
38,838$14.9M1.05%
31
PXHINVESCO EXCH TRADED FD TR II
569,521$14.7M1.04%
32
ASMLASML HOLDING N V
13,632$14.6M1.03%
33
COPCONOCOPHILLIPS
149,129$14.0M0.99%
34
GIB/ACGI INC
148,332$13.7M0.97%
35
UBERUBER TECHNOLOGIES INC
163,206$13.3M0.94%
36
ZTSZOETIS INC
101,862$12.8M0.91%
37
WCNWASTE CONNECTIONS INC
67,753$11.9M0.84%
38
BNSBANK NOVA SCOTIA HALIFAX
144,976$10.7M0.76%
39
PGPROCTER AND GAMBLE CO
73,051$10.5M0.74%
40
GOOGLALPHABET INC
33,314$10.4M0.74%
41
STGWSTAGWELL INC
2,039,680$10.0M0.71%
42
RIORIO TINTO PLC
120,431$9.6M0.68%
43
TSLATESLA INC
21,343$9.6M0.68%
44
PPLPEMBINA PIPELINE CORP
249,275$9.5M0.67%
45
GNTXGENTEX CORP
401,190$9.3M0.66%
46
BYDBOYD GROUP SERVICES INC
56,718$9.0M0.64%
47
CPCANADIAN PACIFIC KANSAS CITY
113,864$8.4M0.59%
48
GOOGALPHABET INC
26,256$8.2M0.58%
49
BRK-BBERKSHIRE HATHAWAY INC DEL
10$7.5M0.53%
50
VIGVANGUARD SPECIALIZED FUNDS
31,400$6.9M0.49%
51
GRT-UGRANITE REAL ESTATE INVT TR
115,424$6.9M0.49%
52
CCOCAMECO CORP
75,000$6.9M0.49%
53
CIGICOLLIERS INTL GROUP INC
44,176$6.5M0.46%
54
TRITHOMSON REUTERS CORP
48,285$6.4M0.45%
55
AMZNAMAZON COM INC
26,714$6.2M0.44%
56
VEAVANGUARD TAX-MANAGED FDS
98,204$6.1M0.43%
57
VOOVANGUARD INDEX FDS
9,759$6.1M0.43%
58
STNSTANTEC INC
63,212$6.0M0.42%
59
XOMEXXON MOBIL CORP
48,194$5.8M0.41%
60
MUMICRON TECHNOLOGY INC
20,042$5.7M0.40%
61
CRCCANADIAN NAT RES LTD
167,451$5.7M0.40%
62
NGGNATIONAL GRID PLC
71,157$5.5M0.39%
63
PRFINVESCO EXCHANGE TRADED FD T
117,039$5.5M0.39%
64
BRK/BBERKSHIRE HATHAWAY INC DEL
10,031$5.0M0.36%
65
TFIITFI INTL INC
46,270$4.8M0.34%
66
DSGDESCARTES SYS GROUP INC
54,048$4.7M0.34%
67
CVXCHEVRON CORP NEW
28,993$4.4M0.31%
68
FNDXSCHWAB STRATEGIC TR
155,097$4.2M0.30%
69
METAMETA PLATFORMS INC
5,805$3.8M0.27%
70
HLNHALEON PLC
364,453$3.7M0.26%
71
BACBANK AMERICA CORP
65,463$3.6M0.25%
72
IVVISHARES TR
5,009$3.4M0.24%
73
WFCWELLS FARGO CO NEW
33,993$3.2M0.22%
74
INTCINTEL CORP
84,315$3.1M0.22%
75
UNHUNITEDHEALTH GROUP INC
9,192$3.0M0.21%
76
JNJJOHNSON & JOHNSON
14,583$3.0M0.21%
77
WMTWALMART INC
27,085$3.0M0.21%
78
BMOBANK MONTREAL QUE
21,295$2.8M0.20%
79
BACVERIZON COMMUNICATIONS INC
67,973$2.8M0.20%
80
CVSCVS HEALTH CORP
34,098$2.7M0.19%
81
TRVCCITIGROUP INC
22,496$2.6M0.19%
82
TAT&T INC
97,317$2.4M0.17%
83
NEENEXTERA ENERGY INC
29,177$2.3M0.17%
84
GMGENERAL MTRS CO
28,525$2.3M0.16%
85
AEMAGNICO EAGLE MINES LTD
13,299$2.3M0.16%
86
ENBENBRIDGE INC
46,095$2.2M0.16%
87
IBMINTERNATIONAL BUSINESS MACHS
7,329$2.2M0.15%
88
CSCOCISCO SYS INC
27,012$2.1M0.15%
89
APHAMPHENOL CORP NEW
15,122$2.0M0.14%
90
PXFINVESCO EXCH TRADED FD TR II
30,279$2.0M0.14%
91
MCXMCCORMICK & CO INC
29,053$2.0M0.14%
92
AWCAMERICAN WTR WKS CO INC NEW
14,947$1.9M0.14%
93
PFEPFIZER INC
77,953$1.9M0.14%
94
CMCSACOMCAST CORP NEW
64,571$1.9M0.14%
95
COSTCOSTCO WHSL CORP NEW
2,197$1.9M0.13%
96
SCHWSCHWAB CHARLES CORP
18,028$1.8M0.13%
97
MRKMERCK & CO INC
17,060$1.8M0.13%
98
HDHOME DEPOT INC
5,051$1.7M0.12%
99
COFCAPITAL ONE FINL CORP
7,087$1.7M0.12%
100
ABBVABBVIE INC
7,483$1.7M0.12%
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