Lorne Steinberg Wealth Management Inc.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Lorne Steinberg Wealth Management Inc. maintained a portfolio of 75 distinct positions. The most significant new addition to the portfolio was Kimberly Clark Corp, which now represents 0.57% of the total fund value. They heavily accumulated shares in Royal Bank of Canada, increasing their position by 0.8%. The fund also reduced its exposure to Unilever PLC ADR by 11.3%.
PCA Score Concentration Risk
Risk ENB
Total Positions
75
Quarter
2025 Q4
Top Holding
RY (5.0%)
Top 10 Concentration
33.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 75
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
RY
Royal Bank of C...
Financial Services 5.02% 4.51% #1
Prev: #1
4.5 1,007 0.8%
P
S
127,924 $21,838,880 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
Alphabet Inc. C...
Communication Services 4.38% 3.58% #2
Prev: #2
3.8 -220 -0.4%
P
S
60,895 $19,060,135 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CM
Cdn Imperial Ba...
Financial Services 3.85% 3.54% #3
Prev: #3
3.0 491 0.3%
P
S
184,192 $16,721,641 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TD
Toronto Dominio...
Financial Services 3.38% 2.97% #4 2
Prev: #6
2.4 1,616 1.0%
P
S
155,697 $14,694,797 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
Microsoft Corp
Technology 3.12% 3.51% #5 1
Prev: #4
2.2 -79 -0.3%
P
S
28,059 $13,569,893 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BMO
Bank of Montrea...
Financial Services 2.95% 3.06% #6 1
Prev: #5
1.7 1,253 1.3%
P
S
98,630 $12,826,557 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BNS
Bank of Nova Sc...
Financial Services 2.88% 2.70% #7 2
Prev: #9
1.7 -3,775 -2.2%
P
S
169,702 $12,533,870 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JPM
JPMorgan Chase ...
Financial Services 2.84% 2.94% #8 1
Prev: #7
1.6 -294 -0.8%
P
S
38,356 $12,359,070 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AXP
American Expres...
Financial Services 2.76% 2.61% #9 2
Prev: #11
1.6 -175 -0.5%
P
S
32,394 $11,984,160 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
Berkshire Hatha...
Financial Services 2.66% 2.79% #10 2
Prev: #8
1.6 -49 -0.2%
P
S
22,977 $11,549,389 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TRP
TC Energy Corp.
Energy 2.54% 2.46% #11 1
Prev: #12
3.0 12,364 6.6%
P
S
200,314 $11,045,843 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ALL
Allstate Corpor...
Financial Services 2.43% 2.64% #12 2
Prev: #10
1.5 -190 -0.4%
P
S
50,816 $10,577,350 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
Amazon.Com Inc
Consumer Cyclical 2.43% 2.40% #13 1
Prev: #14
1.5 295 0.6%
P
S
45,723 $10,553,782 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EA
Electronic Arts...
Communication Services 2.32% 2.39% #14 1
Prev: #15
1.4 35 0.1%
P
S
49,295 $10,072,447 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
V
Visa Inc.
Financial Services 2.26% 2.31% #15 2
Prev: #17
1.4 37 0.1%
P
S
28,074 $9,845,832 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CNI
Cdn National Ra...
Industrials 2.18% 1.89% #16 8
Prev: #24
2.9 12,460 15.0%
P
S
95,555 $9,464,040 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MS
Morgan Stanley
Financial Services 2.09% 1.96% #17 5
Prev: #22
1.3 -29 -0.1%
P
S
51,208 $9,090,956 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GS
Goldman Sachs
Financial Services 2.08% 1.98% #18 1
Prev: #19
1.3 -3 -0.0%
P
S
10,306 $9,058,974 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
Meta Platforms
Communication Services 2.08% 2.42% #19 6
Prev: #13
1.3 22 0.2%
P
S
13,695 $9,039,932 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
Taiwan Semicond...
Technology 2.07% 1.99% #20 2
Prev: #18
1.3 5 0.0%
P
S
29,553 $8,980,861 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SNN
Smith & Nephew ...
Healthcare 2.00% 2.31% #21 5
Prev: #16
1.3 1,000 0.4%
P
S
265,320 $8,705,149 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CVS
CVS Health Corp...
Healthcare 1.99% 1.98% #22 2
Prev: #20
1.3 80 0.1%
P
S
108,924 $8,644,208 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CSCO
Cisco Systems I...
Technology 1.97% 1.84% #23 2
Prev: #25
1.3 -425 -0.4%
P
S
111,368 $8,578,677 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CP
Cdn Pacific KC ...
Industrials 1.88% 1.95% #24 1
Prev: #23
1.3 1,980 1.8%
P
S
110,891 $8,175,637 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DIS
Walt Disney Co.
Communication Services 1.87% 1.97% #25 4
Prev: #21
1.2 -20 -0.0%
P
S
71,325 $8,114,645 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SLF
Sun Life Financ...
Financial Services 1.83% 1.70% #26 3
Prev: #29
2.7 9,342 7.9%
P
S
127,168 $7,949,446 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MFC
Manulife Financ...
Financial Services 1.79% 1.60% #27 4
Prev: #31
1.2 844 0.4%
P
S
214,368 $7,794,751 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VTRS
Viatris Inc
Healthcare 1.78% 1.50% #28 5
Prev: #33
1.2 -6,295 -1.0%
P
S
623,116 $7,757,794 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JNJ
Johnson & Johns...
Healthcare 1.77% 1.65% #29 1
Prev: #30
1.2 213 0.6%
P
S
37,174 $7,693,159 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BN
Brookfield Corp
Financial Services 1.68% 1.72% #30 2
Prev: #28
3.7 54,901 52.7%
P
S
159,026 $7,311,891 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CTVA
Corteva Inc.
Basic Materials 1.67% 1.77% #31 5
Prev: #26
1.2 -235 -0.2%
P
S
108,555 $7,276,441 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NTR
Nutrien Ltd
Basic Materials 1.54% 1.51% #32
Prev: #32
1.1 1,059 1.0%
P
S
108,055 $6,679,051 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
OTEX
Open Text Corp
Technology 1.46% 1.74% #33 6
Prev: #27
1.1 1,380 0.7%
P
S
194,613 $6,346,998 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RCI
Rogers Communic...
Communication Services 1.39% 1.07% #34 9
Prev: #43
3.1 30,802 23.8%
P
S
160,009 $6,048,417 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SBUX
Starbucks Corp
Consumer Cyclical 1.31% 1.44% #35 1
Prev: #34
1.0 -2,700 -3.8%
P
S
67,706 $5,701,522 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UL
Unilever PLC AD...
Consumer Defensive 1.30% 1.39% #36
Prev: #36
1.0 -10,988 -11.3%
P
S
86,608 $5,664,163 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ADBE
Adobe Systems I...
Technology 1.20% 1.27% #37 1
Prev: #38
1.0 55 0.4%
P
S
14,947 $5,231,300 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BDX
Becton Dickinso...
Healthcare 1.20% 1.24% #38 1
Prev: #39
1.0 -725 -2.6%
P
S
26,803 $5,201,658 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
STT
State Street Co...
Financial Services 1.16% 1.09% #39 3
Prev: #42
1.0 -40 -0.1%
P
S
39,045 $5,037,195 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DEO
Diageo PLC ADR
Consumer Defensive 1.11% 1.34% #40 3
Prev: #37
0.9 -2,410 -4.1%
P
S
56,000 $4,831,120 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TU
Telus Corp
Communication Services 1.10% 1.41% #41 6
Prev: #35
0.9 -8,779 -2.4%
P
S
363,257 $4,794,188 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
Apple Inc.
Technology 1.04% 1.02% #42 3
Prev: #45
0.9 36 0.2%
P
S
16,593 $4,510,972 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BCE
BCE Inc.
Communication Services 1.02% 1.05% #43 1
Prev: #44
0.9 -1,465 -0.8%
P
S
186,577 $4,456,752 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSCO
Tractor Supply ...
Consumer Cyclical 1.00% 1.20% #44 4
Prev: #40
0.9 -250 -0.3%
P
S
87,112 $4,356,471 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ADP
Automatic Data ...
Technology 0.98% 1.18% #45 4
Prev: #41
0.9 -195 -1.2%
P
S
16,490 $4,241,722 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CNQ
Cdn Natural Res...
Energy 0.88% 0.85% #46
Prev: #46
0.9 3,174 2.9%
P
S
113,406 $3,846,619 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MIDD
Middleby Corp
Industrials 0.81% 0.77% #47
Prev: #47
0.8 -155 -0.6%
P
S
23,795 $3,537,602 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KVUE
Kenvue Inc
Consumer Defensive 0.75% 0.75% #48
Prev: #48
0.8 -1,175 -0.6%
P
S
189,585 $3,270,341 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MCD
McDonalds Corp
Consumer Cyclical 0.67% 0.70% #49
Prev: #49
0.8 50 0.5%
P
S
9,601 $2,934,353 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KMB
Kimberly Clark ...
Consumer Defensive 0.57% #50
Prev: #—
3.7 24,755 no change
NEW
24,755 $2,497,531 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 75 holdings

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