Filed: 2/9/2026ACC: 0001734493-26-000002
📋 What this filing means
NICOLA WEALTH MANAGEMENT LTD. filed this quarterly 13F‑HR report disclosing 65 equity positions with a total reported market value of $1.10B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
65
Positions
$1.10B
Total AUM (reported)
15.68M
Total Shares
Allocation by class
COM$830.12M75.5%
COM NEW$77.94M7.1%
COM CL A$44.70M4.1%
SPONSORED ADS$35.09M3.2%
SHS$22.14M2.0%
CL A$20.92M1.9%
SPONSORED ADR$16.89M1.5%
Portfolio Concentration
Top 3$248.21M22.6%
4–10$198.48M18.1%
11–25$294.35M26.8%
Rest$357.92M32.6%
Top 3 weight
22.6%
Top 10 weight
40.6%
Voting Authority Distribution
Total shares with voting rights: 15.68M
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
15.68M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole61
Shared0
Other4
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings65
Rows:
TC ENERGY CORP
SOLEShares2M
TypeSH
Market value$110.15M
10.02%
Sole
0.00
Shared
0.00
None
2M
BANK NOVA SCOTIA HALIFAX
SOLEShares1.36M
TypeSH
Market value$100.43M
9.14%
Sole
0.00
Shared
0.00
None
1.36M
PEMBINA PIPELINE CORP
SOLEShares987.80K
TypeSH
Market value$37.64M
3.42%
Sole
0.00
Shared
0.00
None
987.80K
TORONTO DOMINION BK ONT
SOLEShares363.30K
TypeSH
Market value$34.25M
3.12%
Sole
0.00
Shared
0.00
None
363.30K
WASTE CONNECTIONS INC
SOLEShares185.40K
TypeSH
Market value$32.51M
2.96%
Sole
0.00
Shared
0.00
None
185.40K
MICROSOFT CORP
SOLEShares66.56K
TypeSH
Market value$32.19M
2.93%
Sole
0.00
Shared
0.00
None
66.56K
UNION PAC CORP
SOLEShares112K
TypeSH
Market value$25.91M
2.36%
Sole
0.00
Shared
0.00
None
112K
VISA INC
SOLEShares71K
TypeSH
Market value$24.90M
2.27%
Sole
0.00
Shared
0.00
None
71K
AMAZON COM INC
SOLEShares105.80K
TypeSH
Market value$24.42M
2.22%
Sole
0.00
Shared
0.00
None
105.80K
INTUITIVE SURGICAL INC
SOLEShares42.90K
TypeSH
Market value$24.30M
2.21%
Sole
0.00
Shared
0.00
None
42.90K
NVIDIA CORPORATION
SOLEShares123K
TypeSH
Market value$22.94M
2.09%
Sole
0.00
Shared
0.00
None
123K
SUN LIFE FINANCIAL INC.
SOLEShares366.90K
TypeSH
Market value$22.91M
2.08%
Sole
0.00
Shared
0.00
None
366.90K
AT&T INC
SOLEShares916.40K
TypeSH
Market value$22.76M
2.07%
Sole
0.00
Shared
0.00
None
916.40K
DEERE & CO
SOLEShares45.50K
TypeSH
Market value$21.18M
1.93%
Sole
0.00
Shared
0.00
None
45.50K
SERVICENOW INC
SOLEShares138K
TypeSH
Market value$21.14M
1.92%
Sole
0.00
Shared
0.00
None
138K
META PLATFORMS INC
SOLEShares31.70K
TypeSH
Market value$20.92M
1.90%
Sole
0.00
Shared
0.00
None
31.70K
TAIWAN SEMICONDUCTOR MFG LTD
DFNDShares67K
TypeSH
Market value$20.36M
1.85%
Sole
0.00
Shared
0.00
None
67K
HYATT HOTELS CORP
SOLEShares123.50K
TypeSH
Market value$19.80M
1.80%
Sole
0.00
Shared
0.00
None
123.50K
CANADIAN NATL RY CO
SOLEShares198.80K
TypeSH
Market value$19.66M
1.79%
Sole
0.00
Shared
0.00
None
198.80K
WALMART INC
SOLEShares176.20K
TypeSH
Market value$19.63M
1.79%
Sole
0.00
Shared
0.00
None
176.20K
BCE INC
SOLEShares729K
TypeSH
Market value$17.39M
1.58%
Sole
0.00
Shared
0.00
None
729K
LINDE PLC
SOLEShares39.80K
TypeSH
Market value$16.97M
1.54%
Sole
0.00
Shared
0.00
None
39.80K
INFOSYS LTD
DFNDShares948K
TypeSH
Market value$16.89M
1.54%
Sole
0.00
Shared
0.00
None
948K
TELUS CORPORATION
SOLEShares1.22M
TypeSH
Market value$16.12M
1.47%
Sole
0.00
Shared
0.00
None
1.22M
NETFLIX INC
SOLEShares167K
TypeSH
Market value$15.66M
1.42%
Sole
0.00
Shared
0.00
None
167K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TC ENERGY CORPSOLE | COM | 2M | SH | $110.15M 10.02% | 0.00 | 0.00 | 2M |
BANK NOVA SCOTIA HALIFAXSOLE | COM | 1.36M | SH | $100.43M 9.14% | 0.00 | 0.00 | 1.36M |
PEMBINA PIPELINE CORPSOLE | COM | 987.80K | SH | $37.64M 3.42% | 0.00 | 0.00 | 987.80K |
TORONTO DOMINION BK ONTSOLE | COM NEW | 363.30K | SH | $34.25M 3.12% | 0.00 | 0.00 | 363.30K |
WASTE CONNECTIONS INCSOLE | COM | 185.40K | SH | $32.51M 2.96% | 0.00 | 0.00 | 185.40K |
MICROSOFT CORPSOLE | COM | 66.56K | SH | $32.19M 2.93% | 0.00 | 0.00 | 66.56K |
UNION PAC CORPSOLE | COM | 112K | SH | $25.91M 2.36% | 0.00 | 0.00 | 112K |
VISA INCSOLE | COM CL A | 71K | SH | $24.90M 2.27% | 0.00 | 0.00 | 71K |
AMAZON COM INCSOLE | COM | 105.80K | SH | $24.42M 2.22% | 0.00 | 0.00 | 105.80K |
INTUITIVE SURGICAL INCSOLE | COM NEW | 42.90K | SH | $24.30M 2.21% | 0.00 | 0.00 | 42.90K |
NVIDIA CORPORATIONSOLE | COM | 123K | SH | $22.94M 2.09% | 0.00 | 0.00 | 123K |
SUN LIFE FINANCIAL INC.SOLE | COM | 366.90K | SH | $22.91M 2.08% | 0.00 | 0.00 | 366.90K |
AT&T INCSOLE | COM | 916.40K | SH | $22.76M 2.07% | 0.00 | 0.00 | 916.40K |
DEERE & COSOLE | COM | 45.50K | SH | $21.18M 1.93% | 0.00 | 0.00 | 45.50K |
SERVICENOW INCSOLE | COM | 138K | SH | $21.14M 1.92% | 0.00 | 0.00 | 138K |
META PLATFORMS INCSOLE | CL A | 31.70K | SH | $20.92M 1.90% | 0.00 | 0.00 | 31.70K |
TAIWAN SEMICONDUCTOR MFG LTDDFND | SPONSORED ADS | 67K | SH | $20.36M 1.85% | 0.00 | 0.00 | 67K |
HYATT HOTELS CORPSOLE | COM CL A | 123.50K | SH | $19.80M 1.80% | 0.00 | 0.00 | 123.50K |
CANADIAN NATL RY COSOLE | COM | 198.80K | SH | $19.66M 1.79% | 0.00 | 0.00 | 198.80K |
WALMART INCSOLE | COM | 176.20K | SH | $19.63M 1.79% | 0.00 | 0.00 | 176.20K |
BCE INCSOLE | COM NEW | 729K | SH | $17.39M 1.58% | 0.00 | 0.00 | 729K |
LINDE PLCSOLE | SHS | 39.80K | SH | $16.97M 1.54% | 0.00 | 0.00 | 39.80K |
INFOSYS LTDDFND | SPONSORED ADR | 948K | SH | $16.89M 1.54% | 0.00 | 0.00 | 948K |
TELUS CORPORATIONSOLE | COM | 1.22M | SH | $16.12M 1.47% | 0.00 | 0.00 | 1.22M |
NETFLIX INCSOLE | COM | 167K | SH | $15.66M 1.42% | 0.00 | 0.00 | 167K |
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