Credential Qtrade Securities Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed July 21, 2025), Credential Qtrade Securities Inc. reported 378 stock positions worth $1.9 billion. Its top holding was Toronto-Dominion Bank (TD) at 6.9% of the portfolio, followed by Canadian Natural Resources (CNQ, 5.3%) and Bank of Montreal (BMO, 5.0%). Compared with Q4 2023, it opened 30 new positions, sold out of 25, added to 146 and reduced 115. The biggest buy was Iqvia (IQV, shares +76%) and the biggest sale Zoetis (ZTS, shares −94%).
- Most Recent 13F
- Q1 2024
- Location
- VANCOUVER, A1
- CIK
- 0002077908
- Portfolio Value
- $1.9B (Q1 2024)
- SEC Filing
- 0002077908-25-000023 ↗ filed Jul 21, 2025
Holdings 378 stocks · $1.9B
| TD Toronto-Dominion Bank | 6.88% | 2,124,259 | $128.2M | Add +2.4% |
| CNQ Canadian Natural Resources | 5.26% | 1,283,500 | $97.9M | Reduce -1.2% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 4.98% | 950,068 | $92.8M | Add +18.1% |
| V Visa Inc. Class A | 3.87% | 258,217 | $72.1M | Add +6.0% |
| QSR Restaurant Brands Intern | 3.68% | 863,776 | $68.6M | Add +10.8% |
| CP Canadian Pacific Kansas City | 3.65% | 770,157 | $67.9M | Add +1.3% |
| SAP Sap SE-Sponsored ADR | 3.54% | 338,580 | $66.0M | Add +4.6% |
| GIB Cgi Inc. | 3.22% | 543,731 | $60.0M | Add +4.0% |
| BN Brookfield Corp. | 3.06% | 1,360,726 | $57.0M | Add +4.5% |
| UNH Unitedhealth Group Inc. | 2.94% | 110,783 | $54.8M | Add +6.9% |
| TMO Thermo Fisher Scientific Inc. | 2.72% | 87,242 | $50.7M | Add +3.7% |
| ENB Enbridge Inc. | 2.71% | 1,396,833 | $50.5M | Add +4.7% |
| LIN Linde PLC | 2.60% | 104,149 | $48.4M | Add +6.0% |
| GOOG Alphabet Inc. Class C | 2.57% | 314,577 | $47.9M | Add +9.5% |
| MIDD Middleby Corp. | 2.48% | 286,800 | $46.1M | Add +5.9% |
| GPN Global Payments Inc. | 2.35% | 327,139 | $43.7M | Add +6.0% |
| BALL Ball Corp. | 2.34% | 646,018 | $43.5M | Add +5.3% |
| RCI Rogers Communications Inc. Class B | 2.25% | 1,021,201 | $41.9M | Add +4.0% |
| PEP Pepsico Inc. | 1.89% | 200,722 | $35.1M | Add +19.0% |
| RMD Resmed Inc. | 1.78% | 167,465 | $33.2M | Add +5.9% |
| DEO Diageo PLC-Sponsored ADR | 1.73% | 216,864 | $32.3M | Add +6.6% |
| ITOT iShares Core S&P Total U.S. | 1.69% | 273,439 | $31.5M | Add +3.5% |
| CNI Canadian Natl Railway Co. | 1.64% | 231,280 | $30.5M | Reduce -0.7% |
| IQV Iqvia Holdings Inc. | 1.58% | 116,414 | $29.4M | Add +76.4% |
| MSFT Microsoft Corp. | 1.51% | 66,786 | $28.1M | Reduce -3.0% |
| IXUS iShares Core Intl Stock ETF | 1.38% | 378,209 | $25.7M | Add +8.3% |
| RY Royal Bank of Canada | 1.03% | 190,275 | $19.2M | Add +3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.00% | 35,736 | $18.7M | Add +173.2% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.85% | 305,240 | $15.8M | Add +4.4% |
| GOOGL Alphabet Inc. Class A | 0.72% | 88,520 | $13.4M | Add +4.2% |
| TRP TC Energy Corp. | 0.66% | 304,881 | $12.3M | Add +0.5% |
| TRI Thomson Reuters Corp. | 0.60% | 71,279 | $11.1M | Reduce -11.5% |
| COST Costco Wholesale Corp. | 0.58% | 14,861 | $10.9M | Add +119.1% |
| AAPL Apple Inc. | 0.56% | 60,956 | $10.5M | Add +1.4% |
| FNV Franco-Nevada Corp. | 0.54% | 84,790 | $10.1M | Reduce -21.5% |
| AVGO Broadcom Inc. | 0.52% | 7,323 | $9.7M | Reduce -14.6% |
| BCE Bce Inc. | 0.44% | 238,953 | $8.1M | Add +0.8% |
| WCN Waste Connections Inc. | 0.43% | 46,798 | $8.0M | Add +76.9% |
| DHR Danaher Corp. | 0.43% | 31,953 | $8.0M | Reduce -12.1% |
| SPGI S&P Global Inc. | 0.42% | 18,209 | $7.7M | Reduce -6.0% |
| AMZN Amazon.com Inc. | 0.36% | 36,875 | $6.7M | Reduce -12.4% |
| NTR Nutrien Ltd. | 0.35% | 121,698 | $6.6M | Add +7.1% |
| ICE Intercontinental Exchange Inc. | 0.35% | 47,194 | $6.5M | Add +1.2% |
| JNJ Johnson & Johnson | 0.34% | 40,222 | $6.4M | Add +4.7% |
| MA Mastercard Inc. Class A | 0.34% | 13,075 | $6.3M | Add +1.9% |
| MCD McDonald's Corp. | 0.32% | 21,453 | $6.0M | Add +156.3% |
| TFII Tfi International Inc. | 0.32% | 36,983 | $5.9M | Reduce -3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 13,462 | $5.7M | Add +4.5% |
| RBA RB Global Inc. | 0.29% | 71,613 | $5.5M | Add +4.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 52,580 | $5.3M | Add +181.1% |
| TU Telus Corp. | 0.29% | 333,247 | $5.3M | Reduce -43.7% |
| GRP.U Granite Real Estate Investme | 0.28% | 91,106 | $5.2M | Add +4.6% |
| SLF Sun Life Financial Inc. | 0.27% | 93,683 | $5.1M | Reduce -0.1% |
| MFC Manulife Financial Corp. | 0.27% | 198,118 | $4.9M | Add +6.7% |
| SU Suncor Energy Inc. | 0.24% | 122,993 | $4.5M | Add +13.6% |
| ACN Accenture PLC Class A | 0.23% | 12,479 | $4.3M | Add +8.0% |
| OTIS Otis Worldwide Corp. | 0.23% | 42,946 | $4.3M | New |
| META Meta Platforms Inc. Class A | 0.23% | 8,671 | $4.2M | Reduce -4.7% |
| CME Cme Group Inc. | 0.22% | 18,964 | $4.1M | Reduce -43.6% |
| WPM Wheaton Precious Metals Corp. | 0.21% | 83,840 | $3.9M | Add +6.1% |
| PBA Pembina Pipeline Corp. | 0.21% | 109,815 | $3.9M | Reduce -1.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.21% | 29,887 | $3.8M | Add +1.9% |
| MGA Magna International Inc. | 0.20% | 69,555 | $3.8M | Add +2.6% |
| SHEL Shell PLC-ADR | 0.19% | 53,175 | $3.6M | Add +7.7% |
| CVS CVS Health Corp. | 0.18% | 42,913 | $3.4M | Reduce -3.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.17% | 3,321 | $3.2M | Add +11.6% |
| WMB Williams Cos Inc. | 0.17% | 80,651 | $3.1M | Add +3.1% |
| CIGI Colliers Intl GR-Subord Vot | 0.17% | 25,436 | $3.1M | Add +11.7% |
| FTS Fortis Inc. | 0.17% | 77,773 | $3.1M | Reduce -1.1% |
| AME Ametek Inc. | 0.16% | 16,521 | $3.0M | Add +198.2% |
| OTEX Open Text Corp. | 0.15% | 69,825 | $2.7M | Add +4.8% |
| AEM Agnico Eagle Mines Ltd. | 0.14% | 43,809 | $2.6M | Reduce -21.1% |
| TTE Totalenergies SE -Spon ADR | 0.14% | 37,735 | $2.6M | Add +3.3% |
| ROP Roper Technologies Inc. | 0.14% | 4,567 | $2.6M | Add +2.3% |
| RSG Republic Services Inc. | 0.14% | 13,371 | $2.6M | Add +3.0% |
| PG The Procter & Gamble Co. | 0.14% | 15,640 | $2.5M | Add +27.1% |
| WM Waste Management Inc. | 0.13% | 11,720 | $2.5M | Add +2.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 0.13% | 47,886 | $2.4M | Reduce -0.3% |
| CPRT Copart Inc. | 0.12% | 38,418 | $2.2M | Reduce -2.4% |
| STN Stantec Inc. | 0.12% | 26,341 | $2.2M | Reduce -21.9% |
| LOW Lowe's Cos Inc. | 0.11% | 8,327 | $2.1M | Add +2.1% |
| TXN Texas Instruments Inc. | 0.11% | 12,172 | $2.1M | Add +2.7% |
| ABT Abbott Laboratories | 0.11% | 18,516 | $2.1M | Add +28.7% |
| HD Home Depot Inc. | 0.11% | 5,353 | $2.1M | Add +1.5% |
| BDX Becton Dickinson and Co. | 0.11% | 8,064 | $2.0M | Add +26.7% |
| EQIX Equinix Inc. | 0.11% | 2,379 | $2.0M | Add +48.7% |
| CCEP Coca-Cola Europacific Partne | 0.10% | 27,947 | $2.0M | Add +9.9% |
| SNY Sanofi-ADR | 0.10% | 39,310 | $1.9M | Add +12.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.10% | 27,972 | $1.9M | Add +4.4% |
| MDLZ Mondelez International Inc. Class A | 0.10% | 27,067 | $1.9M | Reduce -1.9% |
| HIG Hartford Insurance Group Inc. | 0.10% | 17,734 | $1.8M | Add +2.9% |
| FISV Fiserv Inc. | 0.10% | 11,409 | $1.8M | Reduce -1.7% |
| MDT Medtronic PLC | 0.10% | 20,738 | $1.8M | Add +11.8% |
| ATS Ats Corp. | 0.09% | 52,296 | $1.8M | Reduce -11.2% |
| PGR Progressive Corp. | 0.09% | 8,450 | $1.7M | Reduce -5.2% |
| BSX Boston Scientific Corp. | 0.09% | 25,478 | $1.7M | Reduce -1.8% |
| MU Micron Technology Inc. | 0.09% | 14,301 | $1.7M | Reduce -12.1% |
| IBKR Interactive Brokers Gro Class A | 0.09% | 14,989 | $1.7M | Reduce -1.6% |
| GIL Gildan Activewear Inc. | 0.09% | 44,664 | $1.7M | Reduce -4.0% |
| MRSH Marsh & McLennan Cos | 0.09% | 7,971 | $1.6M | Add +193.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $590 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 39 | $590 | No change |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q4 2023 → Q1 2024
| ZTS Zoetis Inc. | Reduce -94.3% | 0.02% | −0.38 |
| TU Telus Corp. | Reduce -43.7% | 0.29% | −0.34 |
| AON Aon PLC Class A | Reduce -86.2% | 0.05% | −0.27 |
| NKE Nike Inc. Class B | Reduce -70.9% | 0.07% | −0.25 |
| ECL Ecolab Inc. | Reduce -99.9% | 0.00% | −0.24 |
| CME Cme Group Inc. | Reduce -43.6% | 0.22% | −0.20 |
| FNV Franco-Nevada Corp. | Reduce -21.5% | 0.54% | −0.17 |
| CNI Canadian Natl Railway Co. | Reduce -0.7% | 1.64% | −0.11 |
| TRI Thomson Reuters Corp. | Reduce -11.5% | 0.60% | −0.11 |
| INTU Intuit Inc. | Reduce -71.8% | 0.04% | −0.11 |
| SPGI S&P Global Inc. | Reduce -6.0% | 0.42% | −0.09 |
| ORCL Oracle Corp. | Reduce -58.3% | 0.07% | −0.09 |
| DHR Danaher Corp. | Reduce -12.1% | 0.43% | −0.07 |
| BERY Berry Global Group Inc. | Reduce -97.0% | 0.00% | −0.07 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.07 |
| ATS Ats Corp. | Reduce -11.2% | 0.09% | −0.06 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -46.4% | 0.06% | −0.05 |
| AVGO Broadcom Inc. | Reduce -14.6% | 0.52% | −0.05 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.04 |
| STN Stantec Inc. | Reduce -21.9% | 0.12% | −0.04 |
| UPS United Parcel Service Class B | Reduce -80.8% | 0.01% | −0.04 |
| AEM Agnico Eagle Mines Ltd. | Reduce -21.1% | 0.14% | −0.04 |
| SHOP Shopify Inc. Class A | Reduce -26.9% | 0.07% | −0.04 |
| MSFT Microsoft Corp. | Reduce -3.0% | 1.51% | −0.04 |
| FTS Fortis Inc. | Reduce -1.1% | 0.17% | −0.03 |
| CVS CVS Health Corp. | Reduce -3.4% | 0.18% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -12.4% | 0.36% | −0.02 |
| CBOE Cboe Global Markets Inc. | Reduce -48.1% | 0.02% | −0.02 |
| SNOW Snowflake Inc. | Reduce -96.2% | 0.00% | −0.02 |
| PBA Pembina Pipeline Corp. | Reduce -1.0% | 0.21% | −0.02 |
| AX Axos Financial Inc. | Reduce -17.8% | 0.05% | −0.02 |
| IDXX Idexx Laboratories Inc. | Reduce -36.9% | 0.02% | −0.02 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.9% | 0.10% | −0.02 |
| OZK Bank Ozk | Reduce -8.7% | 0.05% | −0.02 |
| BAM Brookfield Asset Mgmt-A | Reduce -18.1% | 0.06% | −0.02 |
| SLF Sun Life Financial Inc. | Reduce -0.1% | 0.27% | −0.02 |
| NOW ServiceNow Inc. | Reduce -24.2% | 0.04% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -29.6% | 0.02% | −0.01 |
| BLCO Bausch + Lomb Corp. | Reduce -16.7% | 0.03% | −0.01 |
| FSV Firstservice Corp. | Reduce -1.3% | 0.09% | −0.01 |
| EA Electronic Arts Inc. | Reduce -1.3% | 0.05% | −0.01 |
| KO The Coca-Cola Co. | Reduce -2.5% | 0.08% | −0.01 |
| CM Can Imperial BK of Commerce | Reduce -0.3% | 0.13% | −0.01 |
| OMC Omnicom Group | Reduce -42.2% | 0.01% | −0.01 |
| MCO Moody's Corp. | Reduce -3.2% | 0.05% | −0.01 |
| LCII Lci Industries | Reduce -0.3% | 0.05% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -17.7% | 0.02% | −0.01 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.01 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| IQV Iqvia Holdings Inc. | Add +76.4% | 1.58% | +0.67 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +173.2% | 1.00% | +0.63 |
| SAP Sap SE-Sponsored ADR | Add +4.6% | 3.54% | +0.56 |
| COST Costco Wholesale Corp. | Add +119.1% | 0.58% | +0.32 |
| BMO Bank of Montreal | Add +18.1% | 4.98% | +0.23 |
| BALL Ball Corp. | Add +5.3% | 2.34% | +0.23 |
| OTIS Otis Worldwide Corp. | New | 0.23% | +0.23 |
| WCN Waste Connections Inc. | Add +76.9% | 0.43% | +0.20 |
| LIN Linde PLC | Add +6.0% | 2.60% | +0.19 |
| TJX TJX Companies Inc. | Add +181.1% | 0.29% | +0.18 |
| MCD McDonald's Corp. | Add +156.3% | 0.32% | +0.18 |
| PEP Pepsico Inc. | Add +19.0% | 1.89% | +0.18 |
| RMD Resmed Inc. | Add +5.9% | 1.78% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +9.5% | 2.57% | +0.16 |
| AME Ametek Inc. | Add +198.2% | 0.16% | +0.11 |
| MIDD Middleby Corp. | Add +5.9% | 2.48% | +0.10 |
| V Visa Inc. Class A | Add +6.0% | 3.87% | +0.09 |
| CP Canadian Pacific Kansas City | Add +1.3% | 3.65% | +0.06 |
| MRSH Marsh & McLennan Cos | Add +193.8% | 0.09% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +3.7% | 2.72% | +0.06 |
| FDX FedEx Corp. | New | 0.05% | +0.05 |
| PEG Public Service Enterprise GP | New | 0.05% | +0.05 |
| HPE Hewlett Packard Enterprise | New | 0.05% | +0.05 |
| QSR Restaurant Brands Intern | Add +10.8% | 3.68% | +0.05 |
| NVDA Nvidia Corp. | Add +1593.5% | 0.05% | +0.05 |
| BMY Bristol-Myers Squibb Co. | New | 0.05% | +0.05 |
| DVN Devon Energy Corp. | Add +2763.7% | 0.05% | +0.05 |
| NEE Nextera Energy Inc. | Add +35894.7% | 0.05% | +0.05 |
| XEL Xcel Energy Inc. | New | 0.05% | +0.05 |
| NI Nisource Inc. | New | 0.05% | +0.05 |
| AAL American Airlines Group Inc. | New | 0.04% | +0.04 |
| ON On Semiconductor | New | 0.04% | +0.04 |
| HSY The Hershey Co. | New | 0.04% | +0.04 |
| VRSK Verisk Analytics Inc. | Add +193.0% | 0.07% | +0.04 |
| PFE Pfizer Inc. | Add +6853.4% | 0.04% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +11.6% | 0.17% | +0.04 |
| SU Suncor Energy Inc. | Add +13.6% | 0.24% | +0.04 |
| SITE Siteone Landscape Supply Inc. | New | 0.04% | +0.04 |
| ADSK Autodesk Inc. | Add +3786.4% | 0.04% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +3.5% | 1.69% | +0.03 |
| HUM Humana Inc. | Add +378.5% | 0.05% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.5% | 0.30% | +0.03 |
| PG The Procter & Gamble Co. | Add +27.1% | 0.14% | +0.03 |
| EQIX Equinix Inc. | Add +48.7% | 0.11% | +0.03 |
| EFX Equifax Inc. | New | 0.03% | +0.03 |
| IXUS iShares Core Intl Stock ETF | Add +8.3% | 1.38% | +0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.9% | 0.21% | +0.02 |
| MLM Martin Marietta Materials | Add +188.3% | 0.04% | +0.02 |
| COR Cencora Inc. | Add +194.2% | 0.03% | +0.02 |
| WAT Waters Corp. | Add +191.2% | 0.04% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2024 | 378 | $1.9B | TD, CNQ, BMO, V, QSR |