CIDEL ASSET MANAGEMENT INC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, CIDEL ASSET MANAGEMENT INC maintained a portfolio of 380 distinct positions. They heavily accumulated shares in VISA INC, increasing their position by 2.6%. Conversely, CIDEL ASSET MANAGEMENT INC completely exited their position in MONOLITHIC PWR SYS I.
PCA Score Concentration Risk
Risk ENB
Total Positions
380
Quarter
2025 Q4
Top Holding
MSFT (5.4%)
Top 10 Concentration
31.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 380
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
MSFT
MICROSOFT CORP
Technology 5.38% 4.99% #1 1
Prev: #2
2.2 -10,475 -6.2%
P
S
157,288 $76,067,620 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AZN
ASTRAZENECA PLC
Healthcare 3.66% 2.64% #2 5
Prev: #7
1.5 -35,878 -6.0%
P
S
562,431 $51,704,280 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RY
ROYAL BK CDA
Financial Services 3.54% 5.04% #3 2
Prev: #1
1.6 -302,025 -50.7%
P
S
293,353 $50,074,560 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
V
VISA INC
Financial Services 3.39% 2.61% #4 4
Prev: #8
3.4 3,468 2.6%
P
S
136,679 $47,934,690 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
WTW
WILLIS TOWERS W...
Financial Services 3.03% 2.69% #5 1
Prev: #6
1.2 -5,548 -4.1%
P
S
130,190 $42,780,430 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
J
JACOBS SOLUTION...
Industrials 2.91% 2.85% #6 2
Prev: #4
1.2 -20,391 -6.2%
P
S
310,471 $41,124,990 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ABT
ABBOTT LABS
Healthcare 2.86% 2.58% #7 3
Prev: #10
1.2 -13,616 -4.1%
P
S
322,225 $40,371,570 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RBA
RB GLOBAL INC
Industrials 2.42% 4.41% #8 5
Prev: #3
1.1 -376,044 -53.1%
P
S
332,419 $34,268,160 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 2.30% 2.28% #9 5
Prev: #14
1.0 -38,231 -18.0%
P
S
174,535 $32,550,780 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SAP
SAP SE
Technology 2.20% 2.14% #10 5
Prev: #15
0.9 -11,371 -8.2%
P
S
127,902 $31,068,670 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FTS
FORTIS INC
Utilities 1.98% 2.81% #11 6
Prev: #5
0.9 -425,520 -44.2%
P
S
537,541 $27,983,870 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CM
CANADIAN IMPERI...
Financial Services 1.95% 2.33% #12 1
Prev: #13
0.9 -204,288 -40.2%
P
S
304,082 $27,603,060 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JPM
JPMORGAN CHASE ...
Financial Services 1.94% 1.66% #13 5
Prev: #18
0.8 -6,897 -7.5%
P
S
85,015 $27,393,530 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
ELI LILLY & CO
Healthcare 1.91% 1.17% #14 13
Prev: #27
0.8 -1,593 -6.0%
P
S
25,133 $27,009,930 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CNI
CANADIAN NATL R...
Industrials 1.88% 2.44% #15 3
Prev: #12
0.9 -182,736 -40.6%
P
S
267,907 $26,531,710 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QSR
RESTAURANT BRAN...
Consumer Cyclical 1.87% 2.53% #16 5
Prev: #11
0.9 -301,568 -43.8%
P
S
386,561 $26,412,460 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MAR
MARRIOTT INTL I...
Consumer Cyclical 1.75% 1.31% #17 7
Prev: #24
0.7 -7,916 -9.0%
P
S
79,769 $24,747,530 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CMS
CMS ENERGY CORP
Utilities 1.69% 1.46% #18 2
Prev: #20
0.7 -4,939 -1.4%
P
S
341,790 $23,901,370 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CL
COLGATE PALMOLI...
Consumer Defensive 1.68% 1.44% #19 2
Prev: #21
0.7 -13,457 -4.3%
P
S
301,187 $23,799,800 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WEC
WEC ENERGY GROU...
Utilities 1.51% 1.36% #20 3
Prev: #23
0.6 -3,546 -1.7%
P
S
202,967 $21,404,900 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 1.48% 1.14% #21 9
Prev: #30
0.6 -1,022 -1.3%
P
S
77,102 $20,960,950 2015 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TD
TORONTO DOMINIO...
Financial Services 1.35% 2.60% #22 13
Prev: #9
0.7 -364,589 -64.4%
P
S
201,604 $19,025,640 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MELI
MERCADOLIBRE IN...
Consumer Cyclical 1.33% 1.38% #23 1
Prev: #22
0.6 -992 -9.6%
P
S
9,319 $18,770,890 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
OTEX
OPEN TEXT CORP
Technology 1.28% 2.09% #24 7
Prev: #17
0.6 -416,306 -42.8%
P
S
557,011 $18,163,730 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UNP
UNION PAC CORP
Industrials 1.28% 1.15% #25 4
Prev: #29
0.5 -6,316 -7.5%
P
S
78,235 $18,097,320 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MPWR
MONOLITHIC PWR ...
Technology 0.00% 0.05%
Sold All 😨
(Was: #136)
0.3 -935 -100.0%
CLOSED
$— 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IMO
IMPERIAL OIL LT...
Energy 0.00% 0.05%
Sold All 😨
(Was: #144)
0.3 -9,000 -100.0%
CLOSED
$— 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DCBO
DOCEBO INC
Technology 0.00% 0.04%
Sold All 😨
(Was: #166)
0.3 -25,348 -100.0%
CLOSED
$— 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LSPD
LIGHTSPEED COMM...
Technology 0.00% 0.03%
Sold All 😨
(Was: #217)
0.3 -38,929 -100.0%
CLOSED
$— 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RCI
ROGERS COMMUNIC...
Communication Services 0.00% 0.02%
Sold All 😨
(Was: #236)
0.3 -11,193 -100.0%
CLOSED
$— 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TU
TELUS CORPORATI...
Communication Services 0.00% 0.02%
Sold All 😨
(Was: #258)
0.3 -21,071 -100.0%
CLOSED
$— 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VST
VISTRA CORP
Utilities 0.00% 0.01%
Sold All 😨
(Was: #317)
0.3 -1,187 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BA
BOEING CO
Industrials 0.00% 0.01%
Sold All 😨
(Was: #328)
0.3 -1,025 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FI
FISERV INC
Unknown 0.00% 0.01%
Sold All 😨
(Was: #330)
0.3 -1,699 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SHOP
SHOPIFY INC
Technology 0.00% 0.01%
Sold All 😨
(Was: #333)
0.3 -1,434 -100.0%
CLOSED
$— 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DTE
DTE ENERGY CO
Utilities 0.00% 0.01%
Sold All 😨
(Was: #334)
0.3 -1,497 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NRG
NRG ENERGY INC
Utilities 0.00% 0.01%
Sold All 😨
(Was: #335)
0.3 -1,305 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CLS
CELESTICA INC
Technology 0.00% 0.01%
Sold All 😨
(Was: #336)
0.3 -855 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PAYX
PAYCHEX INC
Technology 0.00% 0.01%
Sold All 😨
(Was: #339)
0.3 -1,632 -100.0%
CLOSED
$— 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EZU
ISHARES INC
ETF 0.00% 0.01%
Sold All 😨
(Was: #340)
0.3 -3,338 -100.0%
CLOSED
$— 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 380 holdings

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