NICOLA WEALTH MANAGEMENT LTD. Q2 2025 Filing

Filed August 11, 2025

Portfolio Value

$1.1T

Holdings

104

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (104 positions)

#StockSharesValue% PortfolioType
1
BNSBANK NOVA SCOTIA HALIFAX
2,535,100$140.2B13.14%
2
TDTORONTO DOMINION BK ONT
617,602$45.4B4.26%
3
MSFTMICROSOFT CORP
73,560$36.6B3.43%
4
TTELUS CORPORATION
2,053,419$33.0B3.09%
5
AVGOBROADCOM INC
118,800$32.7B3.07%
6
METAMETA PLATFORMS INC
39,500$29.2B2.73%
7
AMZNAMAZON COM INC
115,800$25.4B2.38%
8
VVISA INC
71,000$25.2B2.36%
9
WMTWALMART INC
240,200$23.5B2.20%
10
NOWSERVICENOW INC
22,000$22.6B2.12%
11
REETISHARES TR
903,300$22.3B2.09%
12
DEDEERE & CO
43,500$22.1B2.07%
13
WCNWASTE CONNECTIONS INC
117,400$21.9B2.06%
14
UNPUNION PAC CORP
94,200$21.7B2.03%
15
TAT&T INC
709,400$20.5B1.92%
16
GOOGLALPHABET INC
113,900$20.1B1.88%
17
HHYATT HOTELS CORP
138,500$19.3B1.81%
18
LINLINDE PLC
39,800$18.7B1.75%
19
IDXXIDEXX LABS INC
34,800$18.7B1.75%
20
LIESUN LIFE FINANCIAL INC.
277,300$18.4B1.73%
21
PLDPROLOGIS INC.
173,544$18.2B1.71%
22
CNRCANADIAN NATL RY CO
174,600$18.2B1.71%
23
CRCCANADIAN NAT RES LTD
575,900$18.1B1.70%
24
CCKCROWN HLDGS INC
175,000$18.0B1.69%
25
ADBEADOBE INC
44,200$17.1B1.60%
26
NFLXNETFLIX INC
12,000$16.1B1.51%
27
TSMTAIWAN SEMICONDUCTOR MFG LTD
67,000$15.2B1.42%
28
ISRGINTUITIVE SURGICAL INC
26,600$14.5B1.36%
29
BCEBCE INC
632,400$14.0B1.31%
30
CUBECUBESMART
320,300$13.6B1.28%
31
GIB/ACGI INC
122,000$12.8B1.20%
32
INFYINFOSYS LTD
680,000$12.6B1.18%
33
TRPTC ENERGY CORP
257,696$12.6B1.18%
34
EAELECTRONIC ARTS INC
77,900$12.4B1.17%
35
TJXTJX COS INC NEW
96,000$11.9B1.11%
36
PPLPEMBINA PIPELINE CORP
305,400$11.5B1.07%
37
KOCOCA COLA CO
130,000$9.2B0.86%
38
HDBHDFC BANK LTD
115,000$8.8B0.83%
39
NVDANVIDIA CORPORATION
53,000$8.4B0.78%
40
KLACKLA CORP
9,000$8.1B0.76%
41
AJGGALLAGHER ARTHUR J & CO
25,000$8.0B0.75%
42
CPCANADIAN PACIFIC KANSAS CITY
96,400$7.7B0.72%
43
URIUNITED RENTALS INC
9,200$6.9B0.65%
44
STNSTANTEC INC
59,100$6.4B0.60%
45
SLGNSILGAN HLDGS INC
105,900$5.7B0.54%
46
BAMBROOKFIELD ASSET MANAGMT LTD
100,558$5.6B0.52%
47
PRGOPERRIGO CO PLC
203,000$5.4B0.51%
48
SANMSANMINA CORPORATION
55,100$5.4B0.51%
49
CASYCASEYS GEN STORES INC
10,400$5.3B0.50%
50
REZIRESIDEO TECHNOLOGIES INC
229,600$5.1B0.47%
51
JBLJABIL INC
22,500$4.9B0.46%
52
BHEBENCHMARK ELECTRS INC
124,600$4.8B0.45%
53
ABALLIANCEBERNSTEIN HLDG L P
114,000$4.7B0.44%
54
GRT-UGRANITE REAL ESTATE INVT TR
90,500$4.6B0.43%
55
COKECOCA COLA CONS INC
40,600$4.5B0.42%
56
AMGAFFILIATED MANAGERS GROUP IN
22,000$4.3B0.41%
57
BCOBRINKS CO
41,600$3.7B0.35%
58
ISIIONIS PHARMACEUTICALS INC
87,000$3.4B0.32%
59
WELLWELLTOWER INC
20,642$3.2B0.30%
60
FQIDIGITAL RLTY TR INC
17,732$3.1B0.29%
61
XYLXYLEM INC
22,000$2.8B0.27%
62
BEPBROOKFIELD RENEWABLE PARTNER
110,000$2.8B0.26%
63
EQIXEQUINIX INC
3,486$2.8B0.26%
64
CEGCONSTELLATION ENERGY CORP
8,500$2.7B0.26%
65
HNMORMAT TECHNOLOGIES INC
32,500$2.7B0.26%
66
AWCAMERICAN WTR WKS CO INC NEW
19,500$2.7B0.25%
67
NEENEXTERA ENERGY INC
38,500$2.7B0.25%
68
PWRQUANTA SVCS INC
7,000$2.6B0.25%
69
EPCEDGEWELL PERS CARE CO
110,200$2.6B0.24%
70
ITRIITRON INC
18,500$2.4B0.23%
71
DNBDUN & BRADSTREET HLDGS INC
267,000$2.4B0.23%
72
HASIHA SUSTAINABLE INFRA CAP INC
90,000$2.4B0.23%
73
EQREQUITY RESIDENTIAL
34,943$2.4B0.22%
74
FSLRFIRST SOLAR INC
14,000$2.3B0.22%
75
CCOCAMECO CORP
31,000$2.3B0.22%
76
WOOFOOT LOCKER INC
91,000$2.2B0.21%
77
WBAWALGREENS BOOTS ALLIANCE INC
190,000$2.2B0.20%
78
CRICARTERS INC
71,100$2.1B0.20%
79
INVHINVITATION HOMES INC
61,231$2.0B0.19%
80
CPTCAMDEN PPTY TR
15,471$1.7B0.16%
81
VICIVICI PPTYS INC
52,537$1.7B0.16%
82
PSAPUBLIC STORAGE OPER CO
5,480$1.6B0.15%
83
VENVENTAS INC
23,770$1.5B0.14%
84
ADCAGREE RLTY CORP
20,296$1.5B0.14%
85
HLTHILTON WORLDWIDE HLDGS INC
5,440$1.4B0.14%
86
CBRECBRE GROUP INC
10,055$1.4B0.13%
87
SPGSIMON PPTY GROUP INC NEW
8,550$1.4B0.13%
88
SNDASONIDA SENIOR LIVING INC
54,977$1.4B0.13%
89
PDSPRECISION DRILLING CORP
28,000$1.3B0.12%
90
REGREGENCY CTRS CORP
17,900$1.3B0.12%
91
VRTVERTIV HOLDINGS CO
9,000$1.2B0.11%
92
ENPHENPHASE ENERGY INC
28,000$1.1B0.10%
93
TTEKTETRA TECH INC NEW
30,000$1.1B0.10%
94
AMTAMERICAN TOWER CORP NEW
4,881$1.1B0.10%
95
EGPEASTGROUP PPTYS INC
6,200$1.0B0.10%
96
NNNNNN REIT INC
21,506$928.6M0.09%
97
NXTNEXTRACKER INC
17,000$924.3M0.09%
98
BEBLOOM ENERGY CORP
35,000$837.2M0.08%
99
BRXBRIXMOR PPTY GROUP INC
29,060$756.7M0.07%
100
SLGSL GREEN RLTY CORP
11,596$717.8M0.07%
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