AI Portfolio Summary
In 2025 Q4, NICOLA WEALTH MANAGEMENT LTD. maintained a portfolio of 69 distinct positions. They heavily accumulated shares in BANK NOVA SCOTIA HAL, increasing their position by 163.2%. Conversely, NICOLA WEALTH MANAGEMENT LTD. completely exited their position in CANADIAN IMPERIAL BA.
Total Positions
69
Quarter
2025 Q4
Top Holding
TRP (10.0%)
Top 10 Concentration
40.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 69
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
TRP
TC ENERGY CORP
|
Energy | 10.02% | 11.15% |
#1
Prev: #1
|
6.5 | -302,996 | -13.2% |
P
S
|
2,000,000 | $110,146,828 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BNS
BANK NOVA SCOTI...
|
Financial Services | 9.14% | 2.98% |
#2
4
Prev: #6
|
8.2 | 844,200 | 163.2% |
P
S
|
1,361,500 | $100,429,661 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PBA
PEMBINA PIPELIN...
|
Energy | 3.42% | 2.78% |
#3
5
Prev: #8
|
4.9 | 216,300 | 28.0% |
P
S
|
987,800 | $37,637,674 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TD
TORONTO DOMINIO...
|
Financial Services | 3.12% | 3.04% |
#4
Prev: #4
|
2.2 | -63,900 | -15.0% |
P
S
|
363,302 | $34,245,452 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WCN
WASTE CONNECTIO...
|
Industrials | 2.96% | 2.94% |
#5
2
Prev: #7
|
2.2 | -2,700 | -1.4% |
P
S
|
185,400 | $32,514,615 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 2.93% | 3.07% |
#6
3
Prev: #3
|
2.2 | no change | no change |
P
S
|
66,560 | $32,189,747 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UNP
UNION PAC CORP
|
Industrials | 2.36% | 2.36% |
#7
3
Prev: #10
|
1.9 | no change | no change |
P
S
|
112,000 | $25,907,840 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
V
VISA INC
|
Financial Services | 2.27% | 2.16% |
#8
6
Prev: #14
|
1.9 | no change | no change |
P
S
|
71,000 | $24,900,410 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 2.22% | 2.26% |
#9
2
Prev: #11
|
1.4 | -10,000 | -8.6% |
P
S
|
105,800 | $24,420,756 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ISRG
INTUITIVE SURGI...
|
Healthcare | 2.21% | 2.22% |
#10
3
Prev: #13
|
0.9 | -12,900 | -23.1% |
P
S
|
42,900 | $24,296,844 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 2.09% | 2.04% |
#11
4
Prev: #15
|
1.8 | no change | no change |
P
S
|
123,000 | $22,939,500 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SLF
SUN LIFE FINANC...
|
Financial Services | 2.08% | 1.91% |
#12
5
Prev: #17
|
1.3 | 10,100 | 2.8% |
P
S
|
366,900 | $22,906,687 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
T
AT&T INC
|
Communication Services | 2.07% | 1.98% |
#13
3
Prev: #16
|
2.8 | 127,000 | 16.1% |
P
S
|
916,400 | $22,763,376 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DE
DEERE & CO
|
Industrials | 1.93% | 1.85% |
#14
4
Prev: #18
|
1.8 | no change | no change |
P
S
|
45,500 | $21,183,435 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NOW
SERVICENOW INC
|
Technology | 1.92% | 2.26% |
#15
3
Prev: #12
|
3.8 | 110,400 | 400.0% |
P
S
|
138,000 | $21,140,220 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 1.90% | 2.68% |
#16
7
Prev: #9
|
0.8 | -9,300 | -22.7% |
P
S
|
31,700 | $20,924,853 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSM
TAIWAN SEMICOND...
|
Technology | 1.85% | 1.67% |
#17
6
Prev: #23
|
1.7 | no change | no change |
P
S
|
67,000 | $20,360,630 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
H
HYATT HOTELS CO...
|
Consumer Cyclical | 1.80% | 1.75% |
#18
1
Prev: #19
|
1.2 | -15,000 | -10.8% |
P
S
|
123,500 | $19,799,520 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CNI
CANADIAN NATL R...
|
Industrials | 1.79% | 1.67% |
#19
3
Prev: #22
|
1.7 | no change | no change |
P
S
|
198,800 | $19,664,881 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WMT
WALMART INC
|
Consumer Defensive | 1.79% | 1.74% |
#20
Prev: #20
|
1.2 | -14,000 | -7.4% |
P
S
|
176,200 | $19,630,442 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BCE
BCE INC
|
Communication Services | 1.58% | 1.32% |
#21
6
Prev: #27
|
2.6 | 96,600 | 15.3% |
P
S
|
729,000 | $17,391,671 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LIN
LINDE PLC
|
Basic Materials | 1.54% | 1.68% |
#22
1
Prev: #21
|
1.6 | no change | no change |
P
S
|
39,800 | $16,970,322 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
INFY
INFOSYS LTD
|
Technology | 1.54% | 1.19% |
#23
7
Prev: #30
|
2.6 | 126,000 | 15.3% |
P
S
|
948,000 | $16,893,360 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TU
TELUS CORPORATI...
|
Communication Services | 1.47% | 2.98% |
#24
19
Prev: #5
|
0.6 | -902,200 | -42.4% |
P
S
|
1,223,219 | $16,124,190 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 1.42% | 1.28% |
#25
4
Prev: #29
|
3.6 | 155,000 | 1291.7% |
P
S
|
167,000 | $15,657,920 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CM
CANADIAN IMPERI...
|
Financial Services | 0.00% | 6.76% |
Sold All 😨
(Was: #2) |
0.0 | -950,000 | -100.0% |
CLOSED
|
— | $— | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GRP/U
GRANITE REAL ES...
|
Unknown | 0.00% | 0.45% |
Sold All 😨
(Was: #56) |
0.0 | -90,500 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AB
ALLIANCEBERNSTE...
|
Financial Services | 0.00% | 0.39% |
Sold All 😨
(Was: #61) |
0.0 | -114,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HP
HELMERICH & PAY...
|
Energy | 0.00% | 0.05% |
Sold All 😨
(Was: #65) |
0.0 | -25,900 | -100.0% |
CLOSED
|
— | $— | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 69 holdings