Aviso Financial Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Aviso Financial Inc. reported 335 stock positions worth $2.8 billion. Its top holding was Toronto-Dominion Bank (TD) at 5.6% of the portfolio, followed by Bank of Montreal (BMO, 4.8%) and Canadian Natural Resources (CNQ, 4.6%). Compared with Q4 2025, it opened 33 new positions, sold out of 41, added to 148 and reduced 108. The biggest buy was Relx PLC - Spon ADR (RELX, shares +9607%) and the biggest sale Cgi (GIB, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0002033534
- Portfolio Value
- $2.8B (Q1 2026)
- SEC Filing
- 0002033534-26-000005 ↗ filed May 14, 2026
Holdings Value
Holdings 335 stocks · $2.8B
| TD Toronto-Dominion Bank | 5.61% | 1,693,349 | $158.0M | Add +0.1% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 4.80% | 999,301 | $135.2M | Reduce -2.3% |
| CNQ Canadian Natural Resources | 4.64% | 2,678,995 | $130.6M | Add +1.0% |
| FNV Franco-Nevada Corp. | 4.37% | 497,972 | $123.2M | Add +25.1% |
| GOOG Alphabet Inc. Class C | 3.97% | 389,972 | $111.9M | Add +1.2% |
| V Visa Inc. Class A | 3.19% | 297,592 | $89.9M | Add +0.3% |
| AVGO Broadcom Inc. | 3.14% | 285,267 | $88.3M | Add +2.2% |
| BN Brookfield Corp. | 3.11% | 2,161,688 | $87.5M | Add +1.3% |
| CP Canadian Pacific Kansas City | 3.09% | 1,106,483 | $87.0M | Reduce -16.5% |
| MSFT Microsoft Corp. | 2.95% | 224,757 | $83.2M | Add +8.6% |
| ENB Enbridge Inc. | 2.90% | 1,507,861 | $81.7M | Add +0.3% |
| TMO Thermo Fisher Scientific Inc. | 2.61% | 149,740 | $73.6M | Add +1.8% |
| QSR Restaurant Brands Intern | 2.60% | 990,535 | $73.2M | Reduce -1.0% |
| AMZN Amazon.com Inc. | 2.59% | 349,668 | $72.8M | Add +64.6% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 2.43% | 723,814 | $68.5M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 2.43% | 232,793 | $68.5M | Add +1.7% |
| ITOT iShares Core S&P Total U.S. | 2.35% | 465,585 | $66.3M | Add +16.5% |
| LIN Linde PLC | 2.20% | 125,050 | $62.0M | Add +0.7% |
| RELX Relx PLC - Spon ADR | 2.12% | 1,797,213 | $59.6M | Add +9606.8% |
| IXUS iShares Core Intl Stock ETF | 2.10% | 682,105 | $59.1M | Add +13.1% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 2.08% | 3,446,409 | $58.5M | New |
| SHW The Sherwin-Williams Co. | 1.87% | 163,824 | $52.5M | Add +1.6% |
| SPGI S&P Global Inc. | 1.83% | 121,156 | $51.5M | Add +60.2% |
| SAP Sap SE-Sponsored ADR | 1.81% | 298,377 | $51.1M | Add +4.0% |
| RMD Resmed Inc. | 1.69% | 211,511 | $47.5M | Add +4.2% |
| RY Royal Bank of Canada | 1.59% | 276,652 | $44.7M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.41% | 61,184 | $39.8M | Reduce -1.3% |
| WPM Wheaton Precious Metals Corp. | 1.28% | 275,799 | $36.2M | Add +231.5% |
| PEP Pepsico Inc. | 1.15% | 209,379 | $32.5M | Add +0.6% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.92% | 222,229 | $25.8M | New |
| GOOGL Alphabet Inc. Class A | 0.85% | 82,983 | $23.9M | Reduce -11.2% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.76% | 308,341 | $21.4M | Add +3.7% |
| TRP TC Energy Corp. | 0.66% | 298,404 | $18.7M | Add +2.1% |
| BIP Brookfield Infrastructure Pa | 0.62% | 483,729 | $17.4M | Add +4.4% |
| AAPL Apple Inc. | 0.62% | 68,410 | $17.4M | Add +1.5% |
| CNI Canadian Natl Railway Co. | 0.59% | 162,383 | $16.7M | Reduce -2.8% |
| EMA Emera Inc. | 0.50% | 272,520 | $14.1M | Add +1.8% |
| COST Costco Wholesale Corp. | 0.45% | 12,670 | $12.6M | Reduce -3.1% |
| SU Suncor Energy Inc. | 0.40% | 169,704 | $11.2M | Add +3.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.40% | 70,035 | $11.2M | Reduce -10.9% |
| GIB Cgi Inc. | 0.39% | 151,627 | $11.1M | Reduce -71.5% |
| AEM Agnico Eagle Mines Ltd. | 0.33% | 46,175 | $9.4M | Add +114.9% |
| TFII Tfi International Inc. filed as TRANSFORCE INC | 0.32% | 82,573 | $9.0M | Add +0.2% |
| RBA RB Global Inc. | 0.31% | 91,317 | $8.7M | Reduce -8.2% |
| WMB Williams Cos Inc. | 0.31% | 118,288 | $8.6M | Add +4.4% |
| JNJ Johnson & Johnson | 0.29% | 32,992 | $8.1M | Add +8.1% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.28% | 6,076 | $8.0M | Reduce -0.9% |
| META Meta Platforms Inc. Class A | 0.27% | 13,415 | $7.7M | Reduce -4.7% |
| WCN Waste Connections Inc. | 0.27% | 46,428 | $7.5M | Reduce -15.7% |
| CME Cme Group Inc. | 0.26% | 24,928 | $7.4M | Reduce -3.7% |
| SLF Sun Life Financial Inc. | 0.26% | 115,804 | $7.2M | Reduce -4.7% |
| ICE Intercontinental Exchange Inc. | 0.25% | 44,399 | $7.0M | Reduce -5.0% |
| SHOP Shopify Inc. Class A | 0.25% | 58,686 | $7.0M | Add +25.5% |
| MCD McDonald's Corp. | 0.24% | 22,087 | $6.9M | Reduce -9.9% |
| MA Mastercard Inc. Class A | 0.24% | 13,697 | $6.8M | Add +5.4% |
| TTE Totalenergies SE | 0.24% | 74,877 | $6.8M | Add +6.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 14,098 | $6.8M | Add +1.4% |
| AME Ametek Inc. | 0.22% | 29,137 | $6.2M | Add +0.3% |
| BGSI Boyd Group Services Inc. | 0.22% | 48,958 | $6.2M | Reduce -1.1% |
| MFC Manulife Financial Corp. | 0.21% | 168,199 | $5.8M | Reduce -8.1% |
| FTS Fortis Inc. | 0.19% | 98,423 | $5.5M | Reduce -0.5% |
| SPOT Spotify Technology SA | 0.18% | 10,633 | $5.2M | New |
| MRSH Marsh & McLennan Cos | 0.18% | 29,647 | $5.1M | Add +9.5% |
| NVDA Nvidia Corp. | 0.18% | 29,074 | $5.1M | Add +38.1% |
| RCI Rogers Communications Inc. Class B | 0.18% | 130,717 | $5.0M | Add +17.1% |
| SHEL Shell PLC-ADR | 0.18% | 53,995 | $5.0M | Add +11.4% |
| PG The Procter & Gamble Co. | 0.18% | 34,204 | $4.9M | Add +0.5% |
| COR Cencora Inc. | 0.17% | 15,219 | $4.8M | Add +26.4% |
| AZN Astrazeneca PLC | 0.17% | 23,786 | $4.7M | Add +2.5% |
| STN Stantec Inc. | 0.17% | 54,239 | $4.7M | Add +3.8% |
| VZ Verizon Communications Inc. | 0.16% | 91,833 | $4.6M | Add +9.7% |
| BCE Bce Inc. | 0.16% | 179,490 | $4.5M | Add +5.4% |
| EQIX Equinix Inc. | 0.16% | 4,530 | $4.4M | Add +13.4% |
| TRI Thomson Reuters Corp. | 0.16% | 49,023 | $4.4M | Reduce -14.6% |
| ABT Abbott Laboratories | 0.16% | 42,595 | $4.4M | Add +5.8% |
| RSG Republic Services Inc. | 0.15% | 19,783 | $4.3M | Add +5.7% |
| WAT Waters Corp. | 0.15% | 14,412 | $4.3M | Add +19.1% |
| VRSK Verisk Analytics Inc. | 0.15% | 21,799 | $4.1M | Add +9.1% |
| MEOH Methanex Corp. | 0.15% | 68,705 | $4.1M | Reduce -24.1% |
| WM Waste Management Inc. | 0.13% | 16,028 | $3.7M | Add +3.9% |
| GIL Gildan Activewear Inc. | 0.13% | 65,895 | $3.7M | Reduce -16.5% |
| B Barrick Mining Corp. | 0.13% | 86,982 | $3.6M | Add +54.3% |
| HIG Hartford Insurance Group Inc. | 0.12% | 25,737 | $3.5M | Add +3.9% |
| DPZ Domino's Pizza Inc. | 0.12% | 9,596 | $3.4M | Add +12.9% |
| CIGI Colliers Intl GR-Subord Vot | 0.12% | 31,726 | $3.4M | Add +0.2% |
| MLM Martin Marietta Materials | 0.11% | 5,457 | $3.2M | Add +8.5% |
| TXN Texas Instruments Inc. | 0.11% | 16,425 | $3.2M | Reduce -5.3% |
| ORCL Oracle Corp. | 0.11% | 20,587 | $3.0M | Add +13.3% |
| OTIS Otis Worldwide Corp. | 0.10% | 37,868 | $2.9M | Reduce -18.8% |
| ATR Aptargroup Inc. | 0.10% | 22,846 | $2.9M | Add +9.9% |
| MDT Medtronic PLC | 0.10% | 33,190 | $2.9M | Add +11.1% |
| HD Home Depot Inc. | 0.10% | 8,553 | $2.8M | Add +11.3% |
| ABBV Abbvie Inc. | 0.10% | 12,444 | $2.7M | Add +4.1% |
| SNY Sanofi-ADR | 0.09% | 54,694 | $2.6M | Add +14.6% |
| TU Telus Corp. | 0.09% | 202,403 | $2.6M | Reduce -1.9% |
| VOD Vodafone Group PLC-SP ADR | 0.09% | 171,530 | $2.6M | Add +16.8% |
| FCN Fti Consulting Inc. | 0.09% | 14,019 | $2.5M | Add +8.7% |
| UNH Unitedhealth Group Inc. | 0.09% | 9,151 | $2.5M | Reduce -2.2% |
| OTEX Open Text Corp. | 0.09% | 108,641 | $2.4M | Add +13.8% |
| HEI Heico Corp. | 0.09% | 8,780 | $2.4M | Reduce -0.2% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $2K (not counted above)
Total filed on the 13F, all lines: $2.8B.
Portfolio Sells Q4 2025 → Q1 2026
| GIB Cgi Inc. | Reduce -71.5% | 0.39% | −1.48 |
| CP Canadian Pacific Kansas City | Reduce -16.5% | 3.09% | −0.62 |
| GRTUF Granite Real Estate Investme | Sold out | 0.00% | −0.38 |
| GOOGL Alphabet Inc. Class A | Reduce -11.2% | 0.85% | −0.26 |
| BMO Bank of Montreal | Reduce -2.3% | 4.80% | −0.24 |
| RY Royal Bank of Canada | Reduce -0.6% | 1.59% | −0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.3% | 1.41% | −0.19 |
| TRI Thomson Reuters Corp. | Reduce -14.6% | 0.16% | −0.13 |
| WCN Waste Connections Inc. | Reduce -15.7% | 0.27% | −0.10 |
| ALB Albemarle Corp. | Reduce -78.7% | 0.03% | −0.09 |
| META Meta Platforms Inc. Class A | Reduce -4.7% | 0.27% | −0.08 |
| RBA RB Global Inc. | Reduce -8.2% | 0.31% | −0.08 |
| BGSI Boyd Group Services Inc. | Reduce -1.1% | 0.22% | −0.08 |
| TJX TJX Companies Inc. | Reduce -10.9% | 0.40% | −0.06 |
| GIL Gildan Activewear Inc. | Reduce -16.5% | 0.13% | −0.06 |
| BDX Becton Dickinson and Co. | Reduce -21.3% | 0.08% | −0.06 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −0.06 |
| OTIS Otis Worldwide Corp. | Reduce -18.8% | 0.10% | −0.05 |
| MFC Manulife Financial Corp. | Reduce -8.1% | 0.21% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -84.4% | 0.01% | −0.04 |
| EQX Equinox Gold Corp. | Sold out | 0.00% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -83.6% | 0.01% | −0.04 |
| MCD McDonald's Corp. | Reduce -9.9% | 0.24% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -5.0% | 0.25% | −0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -99.1% | 0.00% | −0.04 |
| NOW ServiceNow Inc. | Reduce -39.0% | 0.02% | −0.04 |
| WDAY Workday Inc. Class A | Reduce -97.3% | 0.00% | −0.04 |
| CNI Canadian Natl Railway Co. | Reduce -2.8% | 0.59% | −0.03 |
| CAE Cae Inc. | Reduce -45.8% | 0.02% | −0.03 |
| SLF Sun Life Financial Inc. | Reduce -4.7% | 0.26% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -2.2% | 0.09% | −0.03 |
| CACC Credit Acceptance Corp. | Reduce -97.9% | 0.00% | −0.03 |
| LCII Lci Industries | Reduce -97.4% | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -93.9% | 0.00% | −0.02 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.02 |
| HEI Heico Corp. | Reduce -0.2% | 0.09% | −0.02 |
| CBRE CBRE Group Inc. Class A | Reduce -21.9% | 0.04% | −0.02 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.02 |
| IQV Iqvia Holdings Inc. | Reduce -8.7% | 0.04% | −0.02 |
| NEAR iShares SH Dba ETF Usd Inc. | Sold out | 0.00% | −0.02 |
| TRU Transunion | Reduce -26.5% | 0.02% | −0.02 |
| MCO Moody's Corp. | Reduce -39.4% | 0.02% | −0.02 |
| NDAQ Nasdaq Inc. | Reduce -26.9% | 0.02% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -3.8% | 0.06% | −0.02 |
| ING ING Groep N.V.-Sponsored ADR | Sold out | 0.00% | −0.02 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.07% | −0.01 |
| MFG Mizuho Financial Group-ADR | Reduce -58.0% | 0.01% | −0.01 |
| FSV Firstservice Corp. | Reduce -11.5% | 0.04% | −0.01 |
| CRM Salesforce Inc. | Reduce -64.1% | 0.00% | −0.01 |
| TU Telus Corp. | Reduce -1.9% | 0.09% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| RELX Relx PLC - Spon ADR | Add +9606.8% | 2.12% | +2.09 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | New | 2.08% | +2.08 |
| FNV Franco-Nevada Corp. | Add +25.1% | 4.37% | +1.24 |
| CNQ Canadian Natural Resources | Add +1.0% | 4.64% | +1.22 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 0.92% | +0.92 |
| WPM Wheaton Precious Metals Corp. | Add +231.5% | 1.28% | +0.91 |
| AMZN Amazon.com Inc. | Add +64.6% | 2.59% | +0.72 |
| SPGI S&P Global Inc. | Add +60.2% | 1.83% | +0.33 |
| AEM Agnico Eagle Mines Ltd. | Add +114.9% | 0.33% | +0.19 |
| LIN Linde PLC | Add +0.7% | 2.20% | +0.19 |
| SPOT Spotify Technology SA | New | 0.18% | +0.18 |
| ENB Enbridge Inc. | Add +0.3% | 2.90% | +0.17 |
| IXUS iShares Core Intl Stock ETF | Add +13.1% | 2.10% | +0.16 |
| SU Suncor Energy Inc. | Add +3.0% | 0.40% | +0.12 |
| ITOT iShares Core S&P Total U.S. | Add +16.5% | 2.35% | +0.10 |
| TTE Totalenergies SE | Add +6.4% | 0.24% | +0.07 |
| TRP TC Energy Corp. | Add +2.1% | 0.66% | +0.05 |
| WY Weyerhaeuser Co. | New | 0.05% | +0.05 |
| WMB Williams Cos Inc. | Add +4.4% | 0.31% | +0.05 |
| MDA Mda Space Ltd. | New | 0.05% | +0.05 |
| JNJ Johnson & Johnson | Add +8.1% | 0.29% | +0.05 |
| SHEL Shell PLC-ADR | Add +11.4% | 0.18% | +0.04 |
| PAAS Pan American Silver Corp. | New | 0.04% | +0.04 |
| EQIX Equinix Inc. | Add +13.4% | 0.16% | +0.04 |
| DBA Invesco DB Agriculture Fund | New | 0.04% | +0.04 |
| CVE Cenovus Energy Inc. | Add +30.3% | 0.07% | +0.04 |
| APH Amphenol Corp. Class A | Add +220.7% | 0.05% | +0.03 |
| VZ Verizon Communications Inc. | Add +9.7% | 0.16% | +0.03 |
| B Barrick Mining Corp. | Add +54.3% | 0.13% | +0.03 |
| WFG West Fraser Timber Co. Ltd. | New | 0.03% | +0.03 |
| UBER Uber Technologies Inc. | Add +3735.6% | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +38.1% | 0.18% | +0.03 |
| NEM Newmont Corp. | Add +876.7% | 0.03% | +0.03 |
| ADBE Adobe Inc. | Add +32370.0% | 0.03% | +0.03 |
| BP BP PLC-Spons ADR | Add +23.2% | 0.08% | +0.03 |
| BKNG Booking Holdings Inc. | New | 0.03% | +0.03 |
| VST Vistra Corp. | New | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | Add +51.4% | 0.04% | +0.02 |
| PEP Pepsico Inc. | Add +0.6% | 1.15% | +0.02 |
| RCI Rogers Communications Inc. Class B | Add +17.1% | 0.18% | +0.02 |
| VOD Vodafone Group PLC-SP ADR | Add +16.8% | 0.09% | +0.02 |
| IMO Imperial Oil Ltd. | Add +0.1% | 0.06% | +0.02 |
| RIO Rio Tinto PLC-Spon ADR | Add +14.6% | 0.08% | +0.02 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.02% | +0.02 |
| COR Cencora Inc. | Add +26.4% | 0.17% | +0.02 |
| COF Capital One Financial Corp. | New | 0.01% | +0.01 |
| CAH Cardinal Health Inc. | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +9.9% | 0.05% | +0.01 |
| MCK McKesson Corp. | New | 0.01% | +0.01 |
| GPK Graphic Packaging Holding Co. | New | 0.01% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Sold out | 278 | $3Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 270 | $2.9B | TD, BMO, GOOG, AVGO, CNQ |
| Q1 2026 | 335 | $2.8B | TD, BMO, CNQ, FNV, GOOG |
| Q4 2025 | 342 | $2.6B | TD, BMO, GOOG, V, MSFT |
| Q3 2025 | 343 | $2.5B | TD, BMO, MSFT, V, CP |
| Q2 2025 | 347 | $2.2B | TD, V, MSFT, BMO, CP |
| Q1 2025 | 348 | $2.0B | BMO, V, TD, CNQ, SAP |
| Q4 2024 | 357 | $2.0B | BMO, V, CNQ, TD, BN |
| Q3 2024 | 357 | $2.0B | TD, CNQ, BMO, SAP, BN |
| Q2 2024 | 355 | $1.8B | TD, CNQ, BMO, SAP, V |