Filed: 8/11/2025ACC: 0001734493-25-000009
📋 What this filing means
NICOLA WEALTH MANAGEMENT LTD. filed this quarterly 13F‑HR report disclosing 104 equity positions with a total reported market value of $1.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
104
Positions
$1.07B
Total AUM (reported)
15.75M
Total Shares
Allocation by class
COM$767.14M71.9%
COM NEW$83.28M7.8%
COM CL A$46.54M4.4%
CL A$30.56M2.9%
SHS$24.75M2.3%
SPONSORED ADS$23.99M2.2%
GLOBAL REIT ETF$22.31M2.1%
Portfolio Concentration
Top 3$222.16M20.8%
4–10$191.59M18.0%
11–25$293.41M27.5%
Rest$359.54M33.7%
Top 3 weight
20.8%
Top 10 weight
38.8%
Voting Authority Distribution
Total shares with voting rights: 15.75M
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
15.75M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole101
Shared0
Other3
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings104
Rows:
BANK NOVA SCOTIA HALIFAX
SOLEShares2.54M
TypeSH
Market value$140.16M
13.14%
Sole
0.00
Shared
0.00
None
2.54M
TORONTO DOMINION BK ONT
SOLEShares617.60K
TypeSH
Market value$45.42M
4.26%
Sole
0.00
Shared
0.00
None
617.60K
MICROSOFT CORP
SOLEShares73.56K
TypeSH
Market value$36.59M
3.43%
Sole
0.00
Shared
0.00
None
73.56K
TELUS CORPORATION
SOLEShares2.05M
TypeSH
Market value$32.97M
3.09%
Sole
0.00
Shared
0.00
None
2.05M
BROADCOM INC
SOLEShares118.80K
TypeSH
Market value$32.75M
3.07%
Sole
0.00
Shared
0.00
None
118.80K
META PLATFORMS INC
SOLEShares39.50K
TypeSH
Market value$29.15M
2.73%
Sole
0.00
Shared
0.00
None
39.50K
AMAZON COM INC
SOLEShares115.80K
TypeSH
Market value$25.41M
2.38%
Sole
0.00
Shared
0.00
None
115.80K
VISA INC
SOLEShares71K
TypeSH
Market value$25.21M
2.36%
Sole
0.00
Shared
0.00
None
71K
WALMART INC
SOLEShares240.20K
TypeSH
Market value$23.49M
2.20%
Sole
0.00
Shared
0.00
None
240.20K
SERVICENOW INC
SOLEShares22K
TypeSH
Market value$22.62M
2.12%
Sole
0.00
Shared
0.00
None
22K
ISHARES TR
SOLEShares903.30K
TypeSH
Market value$22.31M
2.09%
Sole
0.00
Shared
0.00
None
903.30K
DEERE & CO
SOLEShares43.50K
TypeSH
Market value$22.12M
2.07%
Sole
0.00
Shared
0.00
None
43.50K
WASTE CONNECTIONS INC
SOLEShares117.40K
TypeSH
Market value$21.92M
2.06%
Sole
0.00
Shared
0.00
None
117.40K
UNION PAC CORP
SOLEShares94.20K
TypeSH
Market value$21.67M
2.03%
Sole
0.00
Shared
0.00
None
94.20K
AT&T INC
SOLEShares709.40K
TypeSH
Market value$20.53M
1.92%
Sole
0.00
Shared
0.00
None
709.40K
ALPHABET INC
SOLEShares113.90K
TypeSH
Market value$20.07M
1.88%
Sole
0.00
Shared
0.00
None
113.90K
HYATT HOTELS CORP
SOLEShares138.50K
TypeSH
Market value$19.34M
1.81%
Sole
0.00
Shared
0.00
None
138.50K
LINDE PLC
SOLEShares39.80K
TypeSH
Market value$18.67M
1.75%
Sole
0.00
Shared
0.00
None
39.80K
IDEXX LABS INC
SOLEShares34.80K
TypeSH
Market value$18.66M
1.75%
Sole
0.00
Shared
0.00
None
34.80K
SUN LIFE FINANCIAL INC.
SOLEShares277.30K
TypeSH
Market value$18.45M
1.73%
Sole
0.00
Shared
0.00
None
277.30K
PROLOGIS INC.
SOLEShares173.54K
TypeSH
Market value$18.24M
1.71%
Sole
0.00
Shared
0.00
None
173.54K
CANADIAN NATL RY CO
SOLEShares174.60K
TypeSH
Market value$18.19M
1.71%
Sole
0.00
Shared
0.00
None
174.60K
CANADIAN NAT RES LTD
SOLEShares575.90K
TypeSH
Market value$18.10M
1.70%
Sole
0.00
Shared
0.00
None
575.90K
CROWN HLDGS INC
SOLEShares175K
TypeSH
Market value$18.02M
1.69%
Sole
0.00
Shared
0.00
None
175K
ADOBE INC
SOLEShares44.20K
TypeSH
Market value$17.10M
1.60%
Sole
0.00
Shared
0.00
None
44.20K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BANK NOVA SCOTIA HALIFAXSOLE | COM | 2.54M | SH | $140.16M 13.14% | 0.00 | 0.00 | 2.54M |
TORONTO DOMINION BK ONTSOLE | COM NEW | 617.60K | SH | $45.42M 4.26% | 0.00 | 0.00 | 617.60K |
MICROSOFT CORPSOLE | COM | 73.56K | SH | $36.59M 3.43% | 0.00 | 0.00 | 73.56K |
TELUS CORPORATIONSOLE | COM | 2.05M | SH | $32.97M 3.09% | 0.00 | 0.00 | 2.05M |
BROADCOM INCSOLE | COM | 118.80K | SH | $32.75M 3.07% | 0.00 | 0.00 | 118.80K |
META PLATFORMS INCSOLE | CL A | 39.50K | SH | $29.15M 2.73% | 0.00 | 0.00 | 39.50K |
AMAZON COM INCSOLE | COM | 115.80K | SH | $25.41M 2.38% | 0.00 | 0.00 | 115.80K |
VISA INCSOLE | COM CL A | 71K | SH | $25.21M 2.36% | 0.00 | 0.00 | 71K |
WALMART INCSOLE | COM | 240.20K | SH | $23.49M 2.20% | 0.00 | 0.00 | 240.20K |
SERVICENOW INCSOLE | COM | 22K | SH | $22.62M 2.12% | 0.00 | 0.00 | 22K |
ISHARES TRSOLE | GLOBAL REIT ETF | 903.30K | SH | $22.31M 2.09% | 0.00 | 0.00 | 903.30K |
DEERE & COSOLE | COM | 43.50K | SH | $22.12M 2.07% | 0.00 | 0.00 | 43.50K |
WASTE CONNECTIONS INCSOLE | COM | 117.40K | SH | $21.92M 2.06% | 0.00 | 0.00 | 117.40K |
UNION PAC CORPSOLE | COM | 94.20K | SH | $21.67M 2.03% | 0.00 | 0.00 | 94.20K |
AT&T INCSOLE | COM | 709.40K | SH | $20.53M 1.92% | 0.00 | 0.00 | 709.40K |
ALPHABET INCSOLE | CAP STK CL A | 113.90K | SH | $20.07M 1.88% | 0.00 | 0.00 | 113.90K |
HYATT HOTELS CORPSOLE | COM CL A | 138.50K | SH | $19.34M 1.81% | 0.00 | 0.00 | 138.50K |
LINDE PLCSOLE | SHS | 39.80K | SH | $18.67M 1.75% | 0.00 | 0.00 | 39.80K |
IDEXX LABS INCSOLE | COM | 34.80K | SH | $18.66M 1.75% | 0.00 | 0.00 | 34.80K |
SUN LIFE FINANCIAL INC.SOLE | COM | 277.30K | SH | $18.45M 1.73% | 0.00 | 0.00 | 277.30K |
PROLOGIS INC.SOLE | COM | 173.54K | SH | $18.24M 1.71% | 0.00 | 0.00 | 173.54K |
CANADIAN NATL RY COSOLE | COM | 174.60K | SH | $18.19M 1.71% | 0.00 | 0.00 | 174.60K |
CANADIAN NAT RES LTDSOLE | COM | 575.90K | SH | $18.10M 1.70% | 0.00 | 0.00 | 575.90K |
CROWN HLDGS INCSOLE | COM | 175K | SH | $18.02M 1.69% | 0.00 | 0.00 | 175K |
ADOBE INCSOLE | COM | 44.20K | SH | $17.10M 1.60% | 0.00 | 0.00 | 44.20K |
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