Cidel Asset Management Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 22, 2024), Cidel Asset Management Inc. reported 314 stock positions worth $1.3 billion. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by Royal Bank of Canada (RY, 4.6%) and Astrazeneca PLC-Spons ADR (AZN, 4.0%). Compared with Q1 2024, it opened 4 new positions, sold out of 14, added to 119 and reduced 105. The biggest buy was Alphabet Class A (GOOGL, shares +347%) and the biggest sale Church & Dwight (CHD, shares −96%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001621915
Portfolio Value
$1.3B (Q2 2024)
SEC Filing
0001085146-24-003126 ↗ filed Jul 22, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.3B Q1 2024 Q2 2024: $1.3B $1.3B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $1.7B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.8B Q1 2026 Q2 2026: $2.1B Q2 2026

Holdings 314 stocks · $1.3B
MSFT Microsoft Corp. 5.75% 166,052 $74.2M Reduce -5.9%
RY Royal Bank of Canada 4.57% 553,589 $58.9M Reduce -0.0%
AZN Astrazeneca PLC-Spons ADR 3.99% 660,427 $51.5M Add +1.4%
RBA RB Global Inc. 3.97% 672,095 $51.2M Add +1.8%
V Visa Inc. Class A 3.48% 171,249 $44.9M Add +0.1%
QSR Restaurant Brands Intern 2.72% 498,479 $35.1M Add +9.2%
OTEX Open Text Corp. 2.58% 1,107,764 $33.3M Add +0.2%
FTS Fortis Inc. 2.36% 782,827 $30.4M Add +42.6%
CNI Canadian Natl Railway Co. 2.30% 251,582 $29.7M Add +0.9%
J Jacobs Solutions Inc. 2.17% 200,580 $28.0M Reduce -11.1%
TD Toronto-Dominion Bank 2.13% 500,499 $27.5M Reduce -25.3%
GIB Cgi Inc. 1.97% 254,738 $25.4M Add +0.8%
ADI Analog Devices Inc. 1.89% 107,109 $24.4M Reduce -0.4%
GOOGL Alphabet Inc. Class A 1.85% 131,268 $23.9M Add +347.1%
CL Colgate-Palmolive Co. 1.85% 246,285 $23.9M Reduce -0.7%
ZTS Zoetis Inc. 1.81% 134,398 $23.3M Add +25.2%
SAP Sap SE-Sponsored ADR 1.66% 106,161 $21.4M Add +1.1%
BMO Bank of Montreal filed as BANK MONTREAL QUE 1.64% 252,895 $21.2M Reduce -3.3%
TRI Thomson Reuters Corp. 1.61% 123,427 $20.8M Add +2.3%
COP Conocophillips 1.55% 174,987 $20.0M Reduce -1.7%
JPM JPMorgan Chase & Co. 1.54% 98,245 $19.9M Add +264.4%
WCN Waste Connections Inc. 1.49% 109,852 $19.3M Add +2.4%
MAR Marriott International Class A 1.43% 76,497 $18.5M Reduce -15.3%
STN Stantec Inc. 1.40% 215,302 $18.0M Add +2.9%
FMX Fomento Economico Mex-SP ADR 1.40% 167,366 $18.0M Reduce -0.5%
CBOE Cboe Global Markets Inc. 1.34% 101,455 $17.3M Reduce -1.6%
AAPL Apple Inc. 1.28% 78,733 $16.6M Add +8.5%
MELI MercadoLibre Inc. 1.27% 9,957 $16.4M Add +0.2%
BN Brookfield Corp. 1.22% 378,188 $15.7M Reduce -4.2%
CNQ Canadian Natural Resources 1.15% 416,854 $14.8M Reduce -6.8%
CRM Salesforce Inc. 1.15% 57,667 $14.8M Reduce -8.8%
WEC WEC Energy Group Inc. 1.15% 188,723 $14.8M Reduce -30.1%
CMS CMS Energy Corp. 1.11% 240,342 $14.3M Add +4723.2%
CIGI Colliers Intl GR-Subord Vot 1.11% 127,907 $14.3M Add +2.9%
STGW Stagwell Inc. 1.08% 2,039,680 $13.9M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.01% 286,431 $13.1M Reduce -1.0%
MFC Manulife Financial Corp. 0.98% 476,142 $12.7M Reduce -1.6%
PG The Procter & Gamble Co. 0.97% 76,204 $12.6M Add +3.5%
CP Canadian Pacific Kansas City 0.92% 150,744 $11.9M Reduce -2.8%
IBN Icici Bank Ltd.-Spon ADR 0.80% 357,967 $10.3M Add +4.7%
BRK.A Berkshire Hathaway Inc. Class A 0.78% 9,769 $10.1M Add +97590.0%
DSGX The Descartes Systems Grp 0.78% 104,142 $10.1M Add +19.1%
PBA Pembina Pipeline Corp. 0.72% 249,603 $9.3M Add +2.8%
LLY Eli Lilly & Co. 0.70% 10,022 $9.1M Add +1456.2%
SU Suncor Energy Inc. 0.68% 229,145 $8.7M Add +1.1%
GRP.U Granite Real Estate Investme 0.65% 169,971 $8.4M Add +3.5%
RIO Rio Tinto PLC-Spon ADR 0.65% 126,752 $8.4M Add +40.2%
ROK Rockwell Automation Inc. 0.64% 30,033 $8.3M Reduce -37.8%
PXH Inves Rafi Emer MRKT-Usd Inc. 0.64% 405,201 $8.2M Add +7.5%
NVEI Nuvei Corp.-Subordinate VTG 0.60% 239,229 $7.7M Reduce -8.0%
ENB Enbridge Inc. 0.47% 171,904 $6.1M Reduce -59.0%
FNDX Schwab Fndmntl US LRG Co. ETF 0.44% 84,871 $5.7M No change
TSLA Tesla Inc. 0.41% 26,756 $5.3M Reduce -34.5%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 0.38% 103,475 $4.9M Reduce -5.4%
GOOG Alphabet Inc. Class C 0.37% 25,772 $4.7M Add +0.5%
AMZN Amazon.com Inc. 0.36% 24,372 $4.7M Reduce -2.5%
XOM Exxon Mobil Corp. 0.36% 40,080 $4.6M Add +14.9%
PRF Invesco Rafi US 1000 ETF 0.34% 117,308 $4.5M Add +11.4%
META Meta Platforms Inc. Class A 0.29% 7,457 $3.8M Reduce -9.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.29% 94,044 $3.7M Add +4.3%
CCJ Cameco Corp. 0.29% 75,000 $3.7M No change
BAM Brookfield Asset Mgmt-A 0.28% 94,092 $3.6M Reduce -3.2%
CVX Chevron Corp. 0.26% 21,295 $3.3M Add +3.9%
WFC Wells Fargo & Co. 0.24% 53,127 $3.2M Reduce -6.3%
NVO Novo-Nordisk A/S-Spons ADR 0.24% 21,443 $3.1M Add +150.3%
MU Micron Technology Inc. 0.23% 22,628 $3.0M Reduce -3.1%
VZ Verizon Communications Inc. 0.22% 70,303 $2.9M Add +1.4%
T AT&T Inc. 0.22% 145,264 $2.8M Reduce -2.1%
WMT Walmart Inc. 0.21% 40,755 $2.8M Reduce -2.8%
C Citigroup Inc. 0.20% 40,952 $2.6M Reduce -29.8%
AWK American Water Works Co. Inc. 0.20% 19,867 $2.6M Add +3.4%
NEE Nextera Energy Inc. 0.19% 35,365 $2.5M Reduce -4.8%
UNH Unitedhealth Group Inc. 0.19% 4,740 $2.4M Add +4.4%
JNJ Johnson & Johnson 0.19% 16,429 $2.4M Add +4.1%
CMCSA Comcast Corp. Class A 0.18% 60,819 $2.4M Add +3.9%
VOO Vanguard S&P 500 ETF 0.17% 4,506 $2.3M No change
INTC Intel Corp. 0.15% 64,589 $2.0M Add +0.6%
COST Costco Wholesale Corp. 0.15% 2,242 $1.9M Reduce -17.2%
CVS CVS Health Corp. 0.13% 28,717 $1.7M Add +10.8%
HD Home Depot Inc. 0.13% 4,892 $1.7M Add +1.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.13% 9,656 $1.7M Reduce -3.9%
PFE Pfizer Inc. 0.13% 58,993 $1.7M Add +14.0%
CSCO Cisco Systems Inc. 0.13% 34,591 $1.6M Add +4.5%
IWF iShares Russell 1000 Growth 0.13% 4,485 $1.6M No change
GM General Motors Co. 0.12% 33,846 $1.6M Reduce -2.2%
NVS Novartis AG-Sponsored ADR 0.12% 14,503 $1.5M New
APH Amphenol Corp. Class A 0.12% 22,692 $1.5M Add +19.3%
PXF Invesco Rafi Developed Marke 0.12% 31,251 $1.5M Add +26.3%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.11% 40,303 $1.4M No change
AVGO Broadcom Inc. 0.10% 840 $1.3M Reduce -13.8%
SCHW Schwab (charles) Corp. 0.10% 18,051 $1.3M No change
VEA Vanguard Ftse Developed ETF 0.10% 26,846 $1.3M No change
MPWR Monolithic Power Systems Inc. 0.10% 1,580 $1.3M Reduce -0.4%
MRK Merck & Co. Inc. 0.10% 10,166 $1.3M Add +2.5%
ABBV Abbvie Inc. 0.09% 6,981 $1.2M Add +5.6%
QCOM Qualcomm Inc. 0.09% 6,010 $1.2M Reduce -7.5%
GS Goldman Sachs Group Inc. 0.09% 2,636 $1.2M Reduce -3.8%
EWJ iShares MSCI Japan ETF 0.09% 16,821 $1.1M Add +0.5%
PM Philip Morris International 0.09% 11,202 $1.1M Add +1.6%
LMT Lockheed Martin Corp. 0.09% 2,394 $1.1M Reduce -7.5%
ELV Elevance Health Inc. 0.09% 2,060 $1.1M Add +1.7%
VTI VG Morningstar TS MKT ETF-US 0.09% 4,155 $1.1M No change
VB Vanguard Most SM-Cap ETF-Usd 0.09% 5,046 $1.1M No change
CI The Cigna Group 0.09% 3,318 $1.1M Add +1.6%
PEP Pepsico Inc. 0.08% 6,613 $1.1M Add +5.0%
AMGN Amgen Inc. 0.08% 3,236 $1.0M Reduce -5.0%
MPC Marathon Petroleum Corp. 0.08% 5,619 $975K No change
VLO Valero Energy Corp. 0.07% 6,137 $962K No change
MO Altria Group Inc. 0.07% 20,702 $943K Add +2.3%
SLF Sun Life Financial Inc. 0.07% 19,064 $935K Reduce -19.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 9,207 $914K No change
COF Capital One Financial Corp. 0.07% 6,568 $909K Reduce -1.8%
ORCL Oracle Corp. 0.07% 6,306 $890K No change
TGT Target Corp. 0.07% 5,931 $878K Add +4.4%
AEM Agnico Eagle Mines Ltd. 0.07% 13,421 $878K Reduce -15.6%
BCE Bce Inc. 0.07% 27,102 $878K Reduce -31.3%
KO The Coca-Cola Co. 0.07% 13,748 $875K Add +3.8%
PSX Phillips 66 0.07% 6,119 $864K Reduce -3.4%
RELX Relx PLC - Spon ADR 0.07% 18,559 $851K Reduce -4.5%
LOW Lowe's Cos Inc. 0.07% 3,803 $838K Add +6.7%
UNP Union Pacific Corp. 0.07% 3,705 $838K Add +0.8%
F Ford Motor Co. filed as FORD MTR CO DEL 0.06% 65,925 $827K Add +3.4%
CAT Caterpillar Inc. 0.06% 2,471 $823K Reduce -6.3%
HON Honeywell International Inc. 0.06% 3,805 $812K Add +3.4%
MCD McDonald's Corp. 0.06% 3,134 $799K Add +4.2%
RTX RTX Corp. 0.06% 7,805 $784K Add +1.9%
TRP TC Energy Corp. 0.06% 20,646 $782K Reduce -16.4%
MS Morgan Stanley 0.06% 8,030 $780K Add +2.2%
VGK Vanguard Ftse Europe ETF 0.06% 11,385 $760K No change
TXN Texas Instruments Inc. 0.06% 3,899 $758K Reduce -1.8%
FDX FedEx Corp. 0.06% 2,529 $758K Add +2.4%
BRAG Bragg Gaming Group Inc. 0.06% 126,985 $755K Reduce -7.2%
CARR Carrier Global Corp. 0.06% 11,947 $754K Add +23.6%
AXP American Express Co. 0.06% 3,225 $747K Reduce -6.4%
MDT Medtronic PLC 0.06% 9,405 $740K Add +4.9%
MMM 3M Co. 0.06% 7,195 $735K No change
BMY Bristol-Myers Squibb Co. 0.06% 17,401 $723K Add +23.0%
TSM Taiwan Semiconductor-SP ADR 0.06% 4,146 $721K No change
DE Deere & Co. 0.06% 1,921 $718K Add +5.6%
AMAT Applied Materials Inc. 0.05% 2,926 $691K Reduce -6.2%
ABT Abbott Laboratories 0.05% 6,640 $690K Add +9.6%
CHD Church & Dwight Co. Inc. 0.05% 6,605 $685K Reduce -96.1%
DCBO Docebo Inc. 0.05% 17,682 $683K Reduce -7.1%
TMO Thermo Fisher Scientific Inc. 0.05% 1,222 $676K Add +3.2%
GILD Gilead Sciences Inc. 0.05% 9,545 $655K Add +7.1%
CB Chubb Ltd. 0.05% 2,548 $650K Reduce -5.8%
DUK Duke Energy Corp. 0.05% 6,482 $650K No change
USMV iShares MSCI USA Min Vol Fac 0.05% 7,710 $647K No change
ACN Accenture PLC Class A 0.05% 2,131 $647K Add +6.7%
CHTR Charter Communications Inc. Class A 0.05% 2,142 $640K Add +8.8%
AIG American International Group 0.05% 8,532 $633K Reduce -63.9%
UPS United Parcel Service Class B 0.05% 4,577 $626K Add +17.2%
ENPH Enphase Energy Inc. 0.05% 6,272 $625K Add +2.7%
SYF Synchrony Financial 0.05% 13,122 $619K Reduce -4.5%
USB US Bancorp 0.05% 15,486 $615K Reduce -3.2%
IMO Imperial Oil Ltd. 0.05% 9,000 $614K No change
KR Kroger Co. 0.05% 12,283 $613K Add +2.7%
GD General Dynamics Corp. 0.05% 2,051 $595K Reduce -3.5%
TRV The Travelers Cos Inc. 0.05% 2,894 $588K No change
ATS Ats Corp. 0.05% 18,106 $586K Reduce -1.1%
SYK Stryker Corp. 0.05% 1,716 $584K No change
SO The Southern Co. 0.04% 7,346 $570K Add +2.7%
PNC PNC Financial Services Group 0.04% 3,607 $561K Reduce -2.3%
MA Mastercard Inc. Class A 0.04% 1,270 $560K No change
ALL Allstate Corp. 0.04% 3,488 $557K Reduce -6.0%
NEM Newmont Corp. 0.04% 12,894 $540K No change
SBUX Starbucks Corp. 0.04% 6,819 $531K Add +10.6%
HUM Humana Inc. 0.04% 1,414 $528K Add +14.2%
TU Telus Corp. 0.04% 34,541 $523K Reduce -29.8%
MDLZ Mondelez International Inc. Class A 0.04% 7,982 $522K Add +2.6%
ADM Archer-Daniels-Midland Co. 0.04% 8,547 $517K Add +11.8%
BLK BlackRock Finance Inc. 0.04% 656 $516K Add +3.0%
MET Metlife Inc. 0.04% 7,318 $514K Reduce -6.3%
PRU Prudential Financial Inc. 0.04% 4,289 $503K Reduce -9.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.04% 8,290 $496K Reduce -3.5%
CNC Centene Corp. 0.04% 7,428 $492K Add +3.1%
EOG EOG Resources Inc. 0.04% 3,874 $488K Add +9.4%
DFS Discover Financial Services 0.04% 3,726 $487K No change
HCA HCA Healthcare Inc. 0.04% 1,509 $485K Add +3.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 4,390 $483K No change
HPE Hewlett Packard Enterprise 0.04% 22,831 $483K Reduce -3.5%
BKNG Booking Holdings Inc. 0.04% 122 $483K Reduce -3.9%
CSX CSX Corp. 0.04% 14,200 $475K Add +2.7%
LRCX Lam Research Corp. 0.04% 444 $473K Reduce -4.7%
PGR Progressive Corp. 0.04% 2,269 $471K Reduce -6.8%
SWN Southwestern Energy Co. 0.04% 69,989 $471K Add +2.9%
FNDA Schwab Fndmntl US SM Co. ETF 0.04% 8,576 $471K No change
TFC Truist Financial Corp. 0.04% 12,123 $471K No change
DOW Dow Inc. 0.04% 8,832 $469K Add +7.9%
HPQ HP Inc. 0.04% 13,078 $458K Add +2.6%
GIS General Mills Inc. 0.04% 7,229 $457K Add +6.3%
PWR Quanta Services Inc. 0.04% 1,794 $456K No change
TMUS T-Mobile US Inc. 0.03% 2,558 $451K No change
WBA Walgreens Boots Alliance Inc. 0.03% 36,117 $437K Add +20.3%
NUE Nucor Corp. 0.03% 2,746 $434K Add +4.9%
ADBE Adobe Inc. 0.03% 762 $423K No change
GLD SPDR Gold Shares 0.03% 1,914 $412K Reduce -88.0%
TSN Tyson Foods Inc. Class A 0.03% 7,167 $410K No change
DD Dupont DE Nemours Inc. 0.03% 5,083 $409K Add +3.7%
NOC Northrop Grumman Corp. 0.03% 938 $409K Add +5.0%
DHR Danaher Corp. 0.03% 1,624 $406K No change
LSPD Lightspeed Commerce Inc. 0.03% 29,649 $405K No change
AFL Aflac Inc. 0.03% 4,519 $404K Reduce -3.0%
KMI Kinder Morgan Inc. 0.03% 20,139 $400K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 2,475 $397K No change
NSC Norfolk Southern Corp. 0.03% 1,836 $394K Add +4.4%
PYPL PayPal Holdings Inc. 0.03% 6,774 $393K Add +4.2%
NTR Nutrien Ltd. 0.03% 7,597 $387K Reduce -24.3%
NKE Nike Inc. Class B 0.03% 5,122 $386K Add +10.0%
EXC Exelon Corp. 0.03% 11,012 $381K Add +4.7%
BDX Becton Dickinson and Co. 0.03% 1,625 $380K Add +5.3%
GE General Electric filed as GE AEROSPACE 0.03% 2,382 $379K Reduce -12.7%
EBAY eBay Inc. 0.03% 7,011 $377K No change
RCI Rogers Communications Inc. Class B 0.03% 10,158 $376K No change
IYW iShares Ustechnology ETF 0.03% 2,425 $365K No change
D Dominion Energy Inc. 0.03% 7,413 $363K No change
CMI Cummins Inc. 0.03% 1,305 $361K No change
AEP American Electric Power 0.03% 4,108 $360K Add +3.7%
BA The Boeing Co. 0.03% 1,958 $356K Reduce -0.8%
BBY Best Buy Co. Inc. 0.03% 4,220 $356K No change
FCX Freeport-McMoran Inc. 0.03% 7,308 $355K No change
WM Waste Management Inc. 0.03% 1,655 $353K No change
LYB Lyondellbasell Indu Class A 0.03% 3,682 $352K Add +4.9%
CTSH Cognizant Tech Solutions-A 0.03% 5,156 $351K No change
EMR Emerson Electric Co. 0.03% 3,151 $347K Reduce -6.5%
WDC Western Digital Corp. 0.03% 4,541 $344K Reduce -11.2%
LHX L3HARRIS Technologies Inc. 0.03% 1,523 $342K No change
NFLX Netflix Inc. 0.03% 498 $336K Reduce -3.1%
LEN Lennar Corp. Class A 0.03% 2,223 $333K No change
DG Dollar General Corp. 0.03% 2,509 $332K Add +13.1%
APD Air Products & Chemicals Inc. 0.03% 1,256 $324K Reduce -80.3%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 1,760 $321K Reduce -7.4%
DHI D.R. Horton Inc. 0.02% 2,267 $319K No change
OXY Occidental Petroleum Corp. 0.02% 4,969 $313K Add +7.5%
REGN Regeneron Pharmaceuticals 0.02% 297 $312K No change
BKR Baker Hughes Co. 0.02% 8,820 $310K Reduce -7.7%
FNV Franco-Nevada Corp. 0.02% 2,616 $310K Reduce -0.9%
JCI Johnson Controls Internation 0.02% 4,662 $310K No change
B Barrick Gold Corp. 0.02% 18,500 $309K Reduce -39.1%
ITW Illinois Tool Works 0.02% 1,292 $306K No change
HIG Hartford Insurance Group Inc. 0.02% 3,035 $305K No change
IP International Paper Co. 0.02% 7,061 $305K No change
DGRW Wisdomtree U.S. Quality Divi 0.02% 3,887 $303K No change
WMB Williams Cos Inc. 0.02% 7,112 $302K No change
DUOL Duolingo 0.02% 1,447 $302K No change
QQQM Invesco Nasdaq 100 ETF 0.02% 1,508 $297K New
PCAR Paccar Inc. 0.02% 2,850 $293K Reduce -4.5%
SPGI S&P Global Inc. 0.02% 651 $290K Add +10.0%
ROST Ross Stores Inc. 0.02% 1,987 $289K Reduce -9.7%
GDX Vaneck Gold Miners ETF 0.02% 8,411 $285K Add +5.0%
VWO Vanguard Ftse Emerging Marke 0.02% 6,483 $284K No change
BIIB Biogen Inc. 0.02% 1,220 $283K Add +10.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.02% 5,970 $282K No change
GLW Corning Inc. 0.02% 7,240 $281K No change
PHM Pultegroup Inc. 0.02% 2,506 $276K Reduce -12.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 2,373 $274K No change
ADP Automatic Data Processing 0.02% 1,138 $272K No change
AMT American Tower Corp. 0.02% 1,381 $268K Add +7.4%
ALLY Ally Financial Inc. 0.02% 6,687 $265K Reduce -5.8%
ED Consolidated Edison Inc. 0.02% 2,935 $262K Add +4.2%
AMP Ameriprise Financial Inc. 0.02% 611 $261K Reduce -5.7%
FIS Fidelity National Info Serv 0.02% 3,439 $259K Reduce -11.5%
SRE Sempra 0.02% 3,373 $257K Add +4.5%
WRK Westrock Co. 0.02% 5,096 $256K Reduce -10.5%
XYL Xylem Inc. 0.02% 1,866 $253K No change
OKE Oneok Inc. 0.02% 3,097 $253K No change
VST Vistra Corp. 0.02% 2,910 $250K Reduce -20.9%
MCK McKesson Corp. 0.02% 425 $248K No change
KMB Kimberly-Clark Corp. 0.02% 1,796 $248K No change
LUMN Lumen Technologies Inc. 0.02% 225,466 $248K Add +15.4%
FITB Fifth Third Bancorp 0.02% 6,776 $247K Reduce -4.3%
ICE Intercontinental Exchange Inc. 0.02% 1,786 $244K No change
KLAC KLA Corp. 0.02% 291 $240K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.02% 260 $235K Reduce -4.8%
INTU Intuit Inc. 0.02% 356 $234K No change
URI United Rentals Inc. 0.02% 361 $233K Reduce -11.1%
PARAA Paramount Global Class B 0.02% 22,150 $230K Add +11.2%
DVN Devon Energy Corp. 0.02% 4,786 $227K New
KHC The Kraft Heinz Co. 0.02% 7,013 $226K Add +7.4%
STLD Steel Dynamics Inc. 0.02% 1,740 $225K No change
PEG Public Service Enterprise GP 0.02% 3,041 $224K No change
CCI Crown Castle Inc. 0.02% 2,285 $223K Add +8.4%
NRG NRG Energy Inc. 0.02% 2,853 $222K Reduce -10.6%
XEL Xcel Energy Inc. 0.02% 4,157 $222K Add +10.2%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.02% 5,790 $221K No change
SPG Simon Property Group Inc. 0.02% 1,448 $220K Reduce -5.5%
AMD Advanced Micro Devices 0.02% 1,338 $217K Add +6.1%
FISV Fiserv Inc. 0.02% 1,451 $216K Add +8.1%
CEG Constellation Energy 0.02% 1,076 $215K Reduce -14.7%
PH Parker Hannifin Corp. 0.02% 425 $215K Reduce -6.2%
PPL PPL Corp. 0.02% 7,764 $215K No change
ORLY O'reilly Automotive Inc. 0.02% 203 $214K No change
ANSS Ansys Inc. 0.02% 661 $213K No change
CFG Citizens Financial Group 0.02% 5,882 $212K No change
SYY Sysco Corp. 0.02% 2,948 $210K No change
BX Blackstone Inc. 0.02% 1,692 $209K Reduce -5.0%
XYZ Block Inc. 0.02% 3,246 $209K No change
KKR KKR & Co. Inc. 0.02% 1,952 $205K Reduce -12.5%
ACWI iShares MSCI Acwi ETF 0.02% 1,809 $203K Reduce -0.6%
ETR Entergy Corp. 0.02% 1,895 $203K No change
CBRE CBRE Group Inc. Class A 0.02% 2,262 $202K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.02% 1,327 $201K New
AQN Algonquin Power & Utilities 0.02% 33,606 $197K Reduce -4.5%
BTG B2GOLD Corp. 0.01% 69,000 $185K No change
KEY Keycorp 0.01% 12,898 $183K Reduce -6.0%
VTRS Viatris Inc. 0.01% 17,176 $183K No change
ENVX Enovix Corp. 0.01% 11,107 $172K Reduce -1.6%
HBAN Huntington Bancshares Inc. 0.01% 10,281 $136K No change
WBD Warner Bros Discovery Inc. 0.01% 18,177 $135K Add +15.4%
QVCG QVC Group Inc. filed as QURATE RETAIL INC 0.01% 118,074 $74K No change
GNW Genworth Financial Inc. 0.00% 10,250 $62K No change
LYG Lloyds Banking Group PLC-ADR 0.00% 21,601 $59K No change
HBI Hanesbrands Inc. 0.00% 11,851 $58K No change
TDUP Thredup Inc. Class A 0.00% 28,800 $49K Add +30.0%
Other holdings (5): bonds, preferreds, convertibles and warrants · $3.1M (not counted above)
SecurityClassShares / PrincipalValueChange
SHV iShares 0-1 Year Treasury Bo TRUST ISHARE 0-1 · principal 9,081$1.0MReduce -5.8%
AGG iShares Core U.S. Aggregate CORE US AGGBD ET · principal 8,354$811KReduce -1.2%
LQD Ishr Ibx Usd Invgd CB ETF-Ui IBOXX INV CP ETF · principal 6,293$674KReduce -7.9%
ISTB iShares Core 1-5 Year Usd Bo CORE 1 5 YR USD · principal 7,035$333KReduce -10.7%
MBB iShares MBS ETF MBS ETF · principal 2,969$273KNo change

Total filed on the 13F, all lines: $1.3B.

Portfolio Sells Q1 2024 → Q2 2024
CHD Church & Dwight Co. Inc. Reduce -96.1% 0.05% −1.29
TD Toronto-Dominion Bank Reduce -25.3% 2.13% −0.95
TCN Tricon Residential Inc. Sold out 0.00% −0.79
ENB Enbridge Inc. Reduce -59.0% 0.47% −0.68
WEC WEC Energy Group Inc. Reduce -30.1% 1.15% −0.54
J Jacobs Solutions Inc. Reduce -11.1% 2.17% −0.47
ROK Rockwell Automation Inc. Reduce -37.8% 0.64% −0.43
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.33
MAR Marriott International Class A Reduce -15.3% 1.43% −0.30
BMO Bank of Montreal Reduce -3.3% 1.64% −0.30
CRM Salesforce Inc. Reduce -8.8% 1.15% −0.30
FMX Fomento Economico Mex-SP ADR Reduce -0.5% 1.40% −0.27
GLD SPDR Gold Shares Reduce -88.0% 0.03% −0.22
COP Conocophillips Reduce -1.7% 1.55% −0.18
CNQ Canadian Natural Resources Reduce -6.8% 1.15% −0.15
TSLA Tesla Inc. Reduce -34.5% 0.41% −0.14
BNS Bank of Nova Scotia Reduce -1.0% 1.01% −0.13
CP Canadian Pacific Kansas City Reduce -2.8% 0.92% −0.12
CBOE Cboe Global Markets Inc. Reduce -1.6% 1.34% −0.11
APD Air Products & Chemicals Inc. Reduce -80.3% 0.03% −0.09
AIG American International Group Reduce -63.9% 0.05% −0.09
C Citigroup Inc. Reduce -29.8% 0.20% −0.08
CM Can Imperial BK of Commerce Reduce -5.4% 0.38% −0.04
BN Brookfield Corp. Reduce -4.2% 1.22% −0.04
BCE Bce Inc. Reduce -31.3% 0.07% −0.03
BAM Brookfield Asset Mgmt-A Reduce -3.2% 0.28% −0.03
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.03
NVEI Nuvei Corp.-Subordinate VTG Reduce -8.0% 0.60% −0.03
SLF Sun Life Financial Inc. Reduce -19.7% 0.07% −0.03
WFG West Fraser Timber Co. Ltd. Sold out 0.00% −0.02
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.02
TU Telus Corp. Reduce -29.8% 0.04% −0.02
SHOP Shopify Inc. Class A Sold out 0.00% −0.02
DCBO Docebo Inc. Reduce -7.1% 0.05% −0.02
IBM Intl Business Machines Corp. Reduce -3.9% 0.13% −0.02
KSS Kohls Corp. Sold out 0.00% −0.02
WY Weyerhaeuser Co. Sold out 0.00% −0.02
BAX Baxter International Inc. Sold out 0.00% −0.02
CVE Cenovus Energy Inc. Sold out 0.00% −0.02
PPG PPG Industries Inc. Sold out 0.00% −0.02
RS Reliance Inc. Sold out 0.00% −0.02
AOS Smith (a.o.) Corp. Sold out 0.00% −0.02
TRP TC Energy Corp. Reduce -16.4% 0.06% −0.02
B Barrick Gold Corp. Reduce -39.1% 0.02% −0.01
META Meta Platforms Inc. Class A Reduce -9.6% 0.29% −0.01
PSX Phillips 66 Reduce -3.4% 0.07% −0.01
NTR Nutrien Ltd. Reduce -24.3% 0.03% −0.01
CAT Caterpillar Inc. Reduce -6.3% 0.06% −0.01
CHGG Chegg Inc. Sold out 0.00% −0.01
GE General Electric Reduce -12.7% 0.03% −0.01

Portfolio Buys Q1 2024 → Q2 2024
GOOGL Alphabet Inc. Class A Add +347.1% 1.85% +1.51
JPM JPMorgan Chase & Co. Add +264.4% 1.54% +1.13
CMS CMS Energy Corp. Add +4723.2% 1.11% +1.09
FTS Fortis Inc. Add +42.6% 2.36% +0.70
LLY Eli Lilly & Co. Add +1456.2% 0.70% +0.66
AZN Astrazeneca PLC-Spons ADR Add +1.4% 3.99% +0.63
ZTS Zoetis Inc. Add +25.2% 1.81% +0.42
AAPL Apple Inc. Add +8.5% 1.28% +0.34
BRK.A Berkshire Hathaway Inc. Class A Add +97590.0% 0.78% +0.30
RIO Rio Tinto PLC-Spon ADR Add +40.2% 0.65% +0.21
TRI Thomson Reuters Corp. Add +2.3% 1.61% +0.18
DSGX The Descartes Systems Grp Add +19.1% 0.78% +0.17
NVO Novo-Nordisk A/S-Spons ADR Add +150.3% 0.24% +0.15
RBA RB Global Inc. Add +1.8% 3.97% +0.14
MELI MercadoLibre Inc. Add +0.2% 1.27% +0.12
NVS Novartis AG-Sponsored ADR New 0.12% +0.12
IBN Icici Bank Ltd.-Spon ADR Add +4.7% 0.80% +0.11
SAP Sap SE-Sponsored ADR Add +1.1% 1.66% +0.10
WCN Waste Connections Inc. Add +2.4% 1.49% +0.09
PXH Inves Rafi Emer MRKT-Usd Inc. Add +7.5% 0.64% +0.08
STN Stantec Inc. Add +2.9% 1.40% +0.07
GOOG Alphabet Inc. Class C Add +0.5% 0.37% +0.07
PG The Procter & Gamble Co. Add +3.5% 0.97% +0.06
PBA Pembina Pipeline Corp. Add +2.8% 0.72% +0.06
XOM Exxon Mobil Corp. Add +14.9% 0.36% +0.05
SU Suncor Energy Inc. Add +1.1% 0.68% +0.04
PRF Invesco Rafi US 1000 ETF Add +11.4% 0.34% +0.04
APH Amphenol Corp. Class A Add +19.3% 0.12% +0.03
BAC Bank of America Corp. Add +4.3% 0.29% +0.03
PXF Invesco Rafi Developed Marke Add +26.3% 0.12% +0.02
QQQM Invesco Nasdaq 100 ETF New 0.02% +0.02
AWK American Water Works Co. Inc. Add +3.4% 0.20% +0.02
PFE Pfizer Inc. Add +14.0% 0.13% +0.02
DVN Devon Energy Corp. New 0.02% +0.02
UNH Unitedhealth Group Inc. Add +4.4% 0.19% +0.02
CARR Carrier Global Corp. Add +23.6% 0.06% +0.02
MTB M & T Bank Corp. New 0.02% +0.02
CVX Chevron Corp. Add +3.9% 0.26% +0.01
PM Philip Morris International Add +1.6% 0.09% +0.01
HUM Humana Inc. Add +14.2% 0.04% +0.01
ELV Elevance Health Inc. Add +1.7% 0.09% +0.01
KO The Coca-Cola Co. Add +3.8% 0.07% +0.01
HPQ HP Inc. Add +2.6% 0.04% +0.01
CHTR Charter Communications Inc. Class A Add +8.8% 0.05% +0.01
MO Altria Group Inc. Add +2.3% 0.07% +0.01
HON Honeywell International Inc. Add +3.4% 0.06% +0.01
SO The Southern Co. Add +2.7% 0.04% +0.01
UPS United Parcel Service Class B Add +17.2% 0.05% +0.00
FDX FedEx Corp. Add +2.4% 0.06% +0.00
MS Morgan Stanley Add +2.2% 0.06% +0.00

Notes & Other Activity Q1 2024 → Q2 2024
SHV iShares 0-1 Year Treasury Bo TRUST ISHARE 0-1 · principal Reduce -5.8% 9,081 $1.0M
AGG iShares Core U.S. Aggregate CORE US AGGBD ET · principal Reduce -1.2% 8,354 $811K
LQD Ishr Ibx Usd Invgd CB ETF-Ui IBOXX INV CP ETF · principal Reduce -7.9% 6,293 $674K
ISTB iShares Core 1-5 Year Usd Bo CORE 1 5 YR USD · principal Reduce -10.7% 7,035 $333K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 479$2.1BRY, AAPL, NVDA, TD, BMO
Q1 2026 435$1.8BRY, RBA, AZN, FTS, TD
Q4 2025 365$1.4BMSFT, AZN, RY, V, WTW
Q3 2025 357$1.7BRY, MSFT, RBA, J, FTS
Q2 2025 360$1.7BMSFT, RY, RBA, V, ABT
Q1 2025 340$1.5BRBA, RY, MSFT, WTW, QSR
Q4 2024 335$1.5BRY, MSFT, RBA, GOOGL, WTW
Q3 2024 343$1.4BRY, MSFT, RBA, AZN, CNI
Q2 2024 314$1.3BMSFT, RY, AZN, RBA, V
Q1 2024 324$1.3BMSFT, RY, RBA, V, AZN