NICOLA WEALTH MANAGEMENT LTD. Q4 2025 Filing

Filed February 9, 2026

Portfolio Value

$1.1T

Holdings

65

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (65 positions)

#StockSharesValue% PortfolioType
1
TRPTC ENERGY CORP
2,000,000$110.1B10.02%
2
BNSBANK NOVA SCOTIA HALIFAX
1,361,500$100.4B9.14%
3
PPLPEMBINA PIPELINE CORP
987,800$37.6B3.42%
4
TDTORONTO DOMINION BK ONT
363,302$34.2B3.12%
5
WCNWASTE CONNECTIONS INC
185,400$32.5B2.96%
6
MSFTMICROSOFT CORP
66,560$32.2B2.93%
7
UNPUNION PAC CORP
112,000$25.9B2.36%
8
VVISA INC
71,000$24.9B2.27%
9
AMZNAMAZON COM INC
105,800$24.4B2.22%
10
ISRGINTUITIVE SURGICAL INC
42,900$24.3B2.21%
11
NVDANVIDIA CORPORATION
123,000$22.9B2.09%
12
LIESUN LIFE FINANCIAL INC.
366,900$22.9B2.08%
13
TAT&T INC
916,400$22.8B2.07%
14
DEDEERE & CO
45,500$21.2B1.93%
15
NOWSERVICENOW INC
138,000$21.1B1.92%
16
METAMETA PLATFORMS INC
31,700$20.9B1.90%
17
TSMTAIWAN SEMICONDUCTOR MFG LTD
67,000$20.4B1.85%
18
HHYATT HOTELS CORP
123,500$19.8B1.80%
19
CNRCANADIAN NATL RY CO
198,800$19.7B1.79%
20
WMTWALMART INC
176,200$19.6B1.79%
21
BCEBCE INC
729,000$17.4B1.58%
22
LINLINDE PLC
39,800$17.0B1.54%
23
INFYINFOSYS LTD
948,000$16.9B1.54%
24
TTELUS CORPORATION
1,223,219$16.1B1.47%
25
NFLXNETFLIX INC
167,000$15.7B1.42%
26
ADBEADOBE INC
44,200$15.5B1.41%
27
HDBHDFC BANK LTD
403,000$14.7B1.34%
28
CRCCANADIAN NAT RES LTD
432,900$14.7B1.33%
29
SNPSSYNOPSYS INC
29,200$13.7B1.25%
30
CCKCROWN HLDGS INC
132,000$13.6B1.24%
31
BAMBROOKFIELD ASSET MANAGMT LTD
251,758$13.2B1.20%
32
TFIITFI INTL INC
126,600$13.1B1.19%
33
TTEKTETRA TECH INC NEW
365,000$12.2B1.11%
34
KOCOCA COLA CO
170,000$11.9B1.08%
35
MSAMSA SAFETY INC
72,375$11.6B1.05%
36
PLDPROLOGIS INC.
89,000$11.4B1.03%
37
GIB/ACGI INC
122,000$11.3B1.03%
38
CUBECUBESMART
309,000$11.1B1.01%
39
AJGGALLAGHER ARTHUR J & CO
42,900$11.1B1.01%
40
AVGOBROADCOM INC
31,500$10.9B0.99%
41
CPCANADIAN PACIFIC KANSAS CITY
141,500$10.4B0.95%
42
HYGISHARES TR
125,000$10.1B0.92%
43
IDXXIDEXX LABS INC
14,800$10.0B0.91%
44
CPRTCOPART INC
255,000$10.0B0.91%
45
ITGARTNER INC
35,500$9.0B0.81%
46
GOOGLALPHABET INC
27,500$8.6B0.78%
47
TJXTJX COS INC NEW
56,000$8.6B0.78%
48
AMGAFFILIATED MANAGERS GROUP IN
29,000$8.4B0.76%
49
SANMSANMINA CORPORATION
55,100$8.3B0.75%
50
TTETOTALENERGIES SE
144,000$8.0B0.73%
51
FSVFIRSTSERVICE CORP NEW
50,390$7.8B0.71%
52
ISIIONIS PHARMACEUTICALS INC
87,000$6.9B0.63%
53
PLXSPLEXUS CORP
46,000$6.8B0.62%
54
COKECOCA COLA CONS INC
40,600$6.2B0.57%
55
STNSTANTEC INC
64,600$6.1B0.55%
56
CRICARTERS INC
179,100$5.8B0.53%
57
BCOBRINKS CO
47,600$5.6B0.51%
58
REZIRESIDEO TECHNOLOGIES INC
157,600$5.5B0.50%
59
SLGNSILGAN HLDGS INC
136,900$5.5B0.50%
60
BHEBENCHMARK ELECTRS INC
124,600$5.3B0.48%
61
EPCEDGEWELL PERS CARE CO
308,200$5.3B0.48%
62
PRGOPERRIGO CO PLC
281,000$3.9B0.36%
63
WSOWATSCO INC
8,000$2.7B0.25%
64
PDSPRECISION DRILLING CORP
28,000$2.0B0.18%
65
NBRNABORS INDUSTRIES LTD
23,200$1.3B0.11%