Filed: 5/8/2025ACC: 0001734493-25-000006
📋 What this filing means
NICOLA WEALTH MANAGEMENT LTD. filed this quarterly 13F‑HR report disclosing 111 equity positions with a total reported market value of $1.23B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
111
Positions
$1.23B
Total AUM (reported)
15.45M
Total Shares
Allocation by class
COM$864.07M70.1%
COM NEW$88.12M7.2%
CL A$54.11M4.4%
COM CL A$44.44M3.6%
GLOBAL REIT ETF$39.38M3.2%
SPONSORED ADS$31.58M2.6%
SHS$25.09M2.0%
Portfolio Concentration
Top 3$240.28M19.5%
4–10$186.14M15.1%
11–25$296.50M24.1%
Rest$509.17M41.3%
Top 3 weight
19.5%
Top 10 weight
34.6%
Voting Authority Distribution
Total shares with voting rights: 15.45M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
15.45M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole108
Shared0
Other3
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings111
Rows:
BANK NOVA SCOTIA HALIFAX
SOLEShares2.30M
TypeSH
Market value$156.93M
12.74%
Sole
0.00
Shared
0.00
None
2.30M
TORONTO DOMINION BK ONT
SOLEShares510K
TypeSH
Market value$43.98M
3.57%
Sole
0.00
Shared
0.00
None
510K
ISHARES TR
SOLEShares1.13M
TypeSH
Market value$39.38M
3.20%
Sole
0.00
Shared
0.00
None
1.13M
CANADIAN NATL RY CO
SOLEShares239.60K
TypeSH
Market value$33.55M
2.72%
Sole
0.00
Shared
0.00
None
239.60K
SHOPIFY INC
SOLEShares216.38K
TypeSH
Market value$29.62M
2.40%
Sole
0.00
Shared
0.00
None
216.38K
MICROSOFT CORP
SOLEShares73.56K
TypeSH
Market value$27.61M
2.24%
Sole
0.00
Shared
0.00
None
73.56K
VISA INC
SOLEShares71K
TypeSH
Market value$24.88M
2.02%
Sole
0.00
Shared
0.00
None
71K
UNITEDHEALTH GROUP INC
SOLEShares46.40K
TypeSH
Market value$24.30M
1.97%
Sole
0.00
Shared
0.00
None
46.40K
CASEYS GEN STORES INC
SOLEShares53.90K
TypeSH
Market value$23.39M
1.90%
Sole
0.00
Shared
0.00
None
53.90K
META PLATFORMS INC
SOLEShares39.50K
TypeSH
Market value$22.77M
1.85%
Sole
0.00
Shared
0.00
None
39.50K
SUNCOR ENERGY INC NEW
SOLEShares404.92K
TypeSH
Market value$22.56M
1.83%
Sole
0.00
Shared
0.00
None
404.92K
TELUS CORPORATION
SOLEShares1.09M
TypeSH
Market value$22.56M
1.83%
Sole
0.00
Shared
0.00
None
1.09M
BROADCOM INC
SOLEShares128.80K
TypeSH
Market value$21.56M
1.75%
Sole
0.00
Shared
0.00
None
128.80K
AT&T INC
SOLEShares755.40K
TypeSH
Market value$21.36M
1.73%
Sole
0.00
Shared
0.00
None
755.40K
WALMART INC
SOLEShares240.20K
TypeSH
Market value$21.09M
1.71%
Sole
0.00
Shared
0.00
None
240.20K
DEERE & CO
SOLEShares43.50K
TypeSH
Market value$20.42M
1.66%
Sole
0.00
Shared
0.00
None
43.50K
UNION PAC CORP
SOLEShares84.20K
TypeSH
Market value$19.89M
1.61%
Sole
0.00
Shared
0.00
None
84.20K
ELECTRONIC ARTS INC
SOLEShares136.90K
TypeSH
Market value$19.78M
1.61%
Sole
0.00
Shared
0.00
None
136.90K
PROLOGIS INC.
SOLEShares158.34K
TypeSH
Market value$19.38M
1.57%
Sole
0.00
Shared
0.00
None
158.34K
CGI INC
SOLEShares134.50K
TypeSH
Market value$19.32M
1.57%
Sole
0.00
Shared
0.00
None
134.50K
ATS CORPORATION
SOLEShares523.30K
TypeSH
Market value$18.77M
1.52%
Sole
0.00
Shared
0.00
None
523.30K
AMAZON COM INC
SOLEShares93K
TypeSH
Market value$17.69M
1.44%
Sole
0.00
Shared
0.00
None
93K
ALPHABET INC
SOLEShares113.90K
TypeSH
Market value$17.61M
1.43%
Sole
0.00
Shared
0.00
None
113.90K
SERVICENOW INC
SOLEShares22K
TypeSH
Market value$17.52M
1.42%
Sole
0.00
Shared
0.00
None
22K
HYATT HOTELS CORP
SOLEShares138.50K
TypeSH
Market value$16.97M
1.38%
Sole
0.00
Shared
0.00
None
138.50K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BANK NOVA SCOTIA HALIFAXSOLE | COM | 2.30M | SH | $156.93M 12.74% | 0.00 | 0.00 | 2.30M |
TORONTO DOMINION BK ONTSOLE | COM NEW | 510K | SH | $43.98M 3.57% | 0.00 | 0.00 | 510K |
ISHARES TRSOLE | GLOBAL REIT ETF | 1.13M | SH | $39.38M 3.20% | 0.00 | 0.00 | 1.13M |
CANADIAN NATL RY COSOLE | COM | 239.60K | SH | $33.55M 2.72% | 0.00 | 0.00 | 239.60K |
SHOPIFY INCSOLE | CL A | 216.38K | SH | $29.62M 2.40% | 0.00 | 0.00 | 216.38K |
MICROSOFT CORPSOLE | COM | 73.56K | SH | $27.61M 2.24% | 0.00 | 0.00 | 73.56K |
VISA INCSOLE | COM CL A | 71K | SH | $24.88M 2.02% | 0.00 | 0.00 | 71K |
UNITEDHEALTH GROUP INCSOLE | COM | 46.40K | SH | $24.30M 1.97% | 0.00 | 0.00 | 46.40K |
CASEYS GEN STORES INCSOLE | COM | 53.90K | SH | $23.39M 1.90% | 0.00 | 0.00 | 53.90K |
META PLATFORMS INCSOLE | CL A | 39.50K | SH | $22.77M 1.85% | 0.00 | 0.00 | 39.50K |
SUNCOR ENERGY INC NEWSOLE | COM | 404.92K | SH | $22.56M 1.83% | 0.00 | 0.00 | 404.92K |
TELUS CORPORATIONSOLE | COM | 1.09M | SH | $22.56M 1.83% | 0.00 | 0.00 | 1.09M |
BROADCOM INCSOLE | COM | 128.80K | SH | $21.56M 1.75% | 0.00 | 0.00 | 128.80K |
AT&T INCSOLE | COM | 755.40K | SH | $21.36M 1.73% | 0.00 | 0.00 | 755.40K |
WALMART INCSOLE | COM | 240.20K | SH | $21.09M 1.71% | 0.00 | 0.00 | 240.20K |
DEERE & COSOLE | COM | 43.50K | SH | $20.42M 1.66% | 0.00 | 0.00 | 43.50K |
UNION PAC CORPSOLE | COM | 84.20K | SH | $19.89M 1.61% | 0.00 | 0.00 | 84.20K |
ELECTRONIC ARTS INCSOLE | COM | 136.90K | SH | $19.78M 1.61% | 0.00 | 0.00 | 136.90K |
PROLOGIS INC.SOLE | COM | 158.34K | SH | $19.38M 1.57% | 0.00 | 0.00 | 158.34K |
CGI INCSOLE | CL A SUB VTG | 134.50K | SH | $19.32M 1.57% | 0.00 | 0.00 | 134.50K |
ATS CORPORATIONSOLE | COM | 523.30K | SH | $18.77M 1.52% | 0.00 | 0.00 | 523.30K |
AMAZON COM INCSOLE | COM | 93K | SH | $17.69M 1.44% | 0.00 | 0.00 | 93K |
ALPHABET INCSOLE | CAP STK CL A | 113.90K | SH | $17.61M 1.43% | 0.00 | 0.00 | 113.90K |
SERVICENOW INCSOLE | COM | 22K | SH | $17.52M 1.42% | 0.00 | 0.00 | 22K |
HYATT HOTELS CORPSOLE | COM CL A | 138.50K | SH | $16.97M 1.38% | 0.00 | 0.00 | 138.50K |
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