Davis-Rea LTD.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Davis-Rea LTD. reported 55 stock positions worth $399.5 million. Its top holding was Alphabet Class A (GOOGL) at 8.4% of the portfolio, followed by JPMorgan Chase (JPM, 7.0%) and Meta Platforms Class A (META, 6.2%). Compared with Q3 2025, it opened 1 new position, sold out of 4, added to 25 and reduced 24. The biggest buy was JPMorgan Chase (JPM, shares +11%) and the biggest sale an exit from Canadian Natural Resources (CNQ).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001482171
- Portfolio Value
- $399.5M (Q4 2025)
- SEC Filing
- 0001193125-26-027172 ↗ filed Jan 28, 2026
Holdings Value
Holdings 55 stocks · $399.5M
| GOOGL Alphabet Inc. Class A | 8.40% | 107,248 | $33.6M | Reduce -12.5% |
| JPM JPMorgan Chase & Co. | 7.01% | 86,942 | $28.0M | Add +11.4% |
| META Meta Platforms Inc. Class A | 6.19% | 37,465 | $24.7M | Add +6.4% |
| AMZN Amazon.com Inc. | 5.81% | 100,585 | $23.2M | Reduce -16.6% |
| MSFT Microsoft Corp. | 5.36% | 44,294 | $21.4M | Add +12.4% |
| TMO Thermo Fisher Scientific Inc. | 4.00% | 27,532 | $16.0M | Reduce -28.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.73% | 271,116 | $14.9M | Add +1.7% |
| SNPS Synopsys Inc. | 3.63% | 30,889 | $14.5M | Reduce -13.9% |
| NET Cloudflare Inc. Class A | 3.53% | 71,576 | $14.1M | Add +16.8% |
| RY Royal Bank of Canada | 3.45% | 80,853 | $13.8M | Reduce -6.4% |
| PNC PNC Financial Services Group | 3.27% | 62,539 | $13.1M | Add +19.5% |
| SYK Stryker Corp. | 3.09% | 35,070 | $12.4M | Add +0.0% |
| ACN Accenture PLC Class A | 2.48% | 36,953 | $9.9M | Reduce -0.0% |
| FTS Fortis Inc. | 2.15% | 165,411 | $8.6M | Add +1.8% |
| HD Home Depot Inc. | 1.96% | 22,763 | $7.8M | Add +107.5% |
| CHTR Charter Communications Inc. Class A | 1.95% | 37,289 | $7.8M | Add +8.1% |
| TD Toronto-Dominion Bank | 1.89% | 80,208 | $7.6M | Reduce -7.1% |
| BN Brookfield Corp. | 1.76% | 153,231 | $7.0M | Reduce -4.3% |
| MCD McDonald's Corp. | 1.64% | 21,407 | $6.5M | Reduce -0.2% |
| V Visa Inc. Class A | 1.52% | 17,272 | $6.1M | Reduce -0.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.49% | 80,707 | $6.0M | Reduce -9.4% |
| AAPL Apple Inc. | 1.45% | 21,244 | $5.8M | Reduce -2.4% |
| RTX RTX Corp. | 1.43% | 31,164 | $5.7M | Reduce -4.5% |
| ENB Enbridge Inc. | 1.28% | 106,781 | $5.1M | Reduce -50.6% |
| CB Chubb Ltd. | 1.28% | 16,370 | $5.1M | Add +0.5% |
| JNJ Johnson & Johnson | 1.22% | 23,640 | $4.9M | Reduce -5.0% |
| SPGI S&P Global Inc. | 1.17% | 8,961 | $4.7M | Add +1.1% |
| ABT Abbott Laboratories | 1.14% | 36,501 | $4.6M | Add +1.7% |
| LIN Linde PLC | 1.14% | 10,698 | $4.6M | Add +4.0% |
| PBA Pembina Pipeline Corp. | 1.12% | 117,368 | $4.5M | Add +4.6% |
| CNI Canadian Natl Railway Co. | 1.11% | 44,634 | $4.4M | Add +8.7% |
| ROP Roper Technologies Inc. | 1.08% | 9,672 | $4.3M | Add +0.2% |
| OTIS Otis Worldwide Corp. | 1.04% | 47,574 | $4.2M | Add +7.5% |
| XYL Xylem Inc. | 1.03% | 30,240 | $4.1M | Reduce -0.1% |
| GIB Cgi Inc. | 0.98% | 42,200 | $3.9M | Add +15.9% |
| BEP Brookfield Renewable Partner | 0.97% | 142,596 | $3.9M | Reduce -5.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.95% | 33,496 | $3.8M | Add +4.6% |
| NFLX Netflix Inc. | 0.95% | 40,279 | $3.8M | New |
| MDLZ Mondelez International Inc. Class A | 0.87% | 64,453 | $3.5M | Add +2.3% |
| CTAS Cintas Corp. | 0.86% | 18,239 | $3.4M | Add +128.0% |
| ZTS Zoetis Inc. | 0.81% | 25,762 | $3.2M | Reduce -43.6% |
| UL Unilever PLC-Sponsored ADR | 0.80% | 48,888 | $3.2M | Add +1.4% |
| DHR Danaher Corp. | 0.70% | 12,283 | $2.8M | Reduce -9.5% |
| BIP Brookfield Infrastructure Pa | 0.61% | 69,605 | $2.4M | Add +7.6% |
| ROK Rockwell Automation Inc. | 0.55% | 5,604 | $2.2M | Add +0.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.42% | 20,415 | $1.7M | Reduce -23.9% |
| GOOG Alphabet Inc. Class C | 0.16% | 2,091 | $656K | Reduce -6.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 1,027 | $516K | Reduce -3.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.12% | 3,800 | $494K | Reduce -5.1% |
| NEM Newmont Corp. | 0.09% | 3,669 | $342K | No change |
| CAT Caterpillar Inc. | 0.07% | 460 | $264K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 365 | $249K | Reduce -1.9% |
| BX Blackstone Inc. | 0.05% | 1,350 | $208K | No change |
| AQN Algonquin Power & Utilities | 0.02% | 12,264 | $76K | No change |
| BTE Baytex Energy Corp. | 0.02% | 19,780 | $64K | No change |
Options reported separately and not counted above: VANECK ETF TRUST puts ($9K).
Portfolio Sells Q3 2025 → Q4 2025
| CNQ Canadian Natural Resources | Sold out | 0.00% | −2.39 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −1.68 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −1.08 |
| ZTS Zoetis Inc. | Reduce -43.6% | 0.81% | −0.81 |
| SNPS Synopsys Inc. | Reduce -13.9% | 3.63% | −0.67 |
| AMZN Amazon.com Inc. | Reduce -16.6% | 5.81% | −0.62 |
| TMO Thermo Fisher Scientific Inc. | Reduce -28.5% | 4.00% | −0.54 |
| ENB Enbridge Inc. | Reduce -50.6% | 1.28% | −0.20 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -23.9% | 0.42% | −0.12 |
| XYL Xylem Inc. | Reduce -0.1% | 1.03% | −0.05 |
| EMA Emera Inc. | Sold out | 0.00% | −0.05 |
| BN Brookfield Corp. | Reduce -4.3% | 1.76% | −0.02 |
| BMO Bank of Montreal | Reduce -5.1% | 0.12% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.8% | 0.13% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.9% | 0.06% | +0.00 |
| BEP Brookfield Renewable Partner | Reduce -5.3% | 0.97% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -6.4% | 0.16% | +0.03 |
| DHR Danaher Corp. | Reduce -9.5% | 0.70% | +0.05 |
| MCD McDonald's Corp. | Reduce -0.2% | 1.64% | +0.06 |
| V Visa Inc. Class A | Reduce -0.7% | 1.52% | +0.07 |
| BNS Bank of Nova Scotia | Reduce -9.4% | 1.49% | +0.09 |
| AAPL Apple Inc. | Reduce -2.4% | 1.45% | +0.10 |
| JNJ Johnson & Johnson | Reduce -5.0% | 1.22% | +0.10 |
| RTX RTX Corp. | Reduce -4.5% | 1.43% | +0.10 |
| TD Toronto-Dominion Bank | Reduce -7.1% | 1.89% | +0.22 |
| ACN Accenture PLC Class A | Reduce -0.0% | 2.48% | +0.27 |
| RY Royal Bank of Canada | Reduce -6.4% | 3.45% | +0.36 |
| GOOGL Alphabet Inc. Class A | Reduce -12.5% | 8.40% | +1.17 |
Portfolio Buys Q3 2025 → Q4 2025
| JPM JPMorgan Chase & Co. | Add +11.4% | 7.01% | +1.04 |
| NFLX Netflix Inc. | New | 0.95% | +0.95 |
| HD Home Depot Inc. | Add +107.5% | 1.96% | +0.88 |
| PNC PNC Financial Services Group | Add +19.5% | 3.27% | +0.72 |
| CTAS Cintas Corp. | Add +128.0% | 0.86% | +0.46 |
| MSFT Microsoft Corp. | Add +12.4% | 5.36% | +0.41 |
| BAC Bank of America Corp. | Add +1.7% | 3.73% | +0.39 |
| NET Cloudflare Inc. Class A | Add +16.8% | 3.53% | +0.34 |
| GIB Cgi Inc. | Add +15.9% | 0.98% | +0.19 |
| CNI Canadian Natl Railway Co. | Add +8.7% | 1.11% | +0.17 |
| CB Chubb Ltd. | Add +0.5% | 1.28% | +0.16 |
| FTS Fortis Inc. | Add +1.8% | 2.15% | +0.15 |
| SPGI S&P Global Inc. | Add +1.1% | 1.17% | +0.13 |
| BIP Brookfield Infrastructure Pa | Add +7.6% | 0.61% | +0.09 |
| ROK Rockwell Automation Inc. | Add +0.3% | 0.55% | +0.07 |
| DIS The Walt Disney Co. | Add +4.6% | 0.95% | +0.06 |
| OTIS Otis Worldwide Corp. | Add +7.5% | 1.04% | +0.06 |
| UL Unilever PLC-Sponsored ADR | Add +1.4% | 0.80% | +0.02 |
| PBA Pembina Pipeline Corp. | Add +4.6% | 1.12% | +0.02 |
| ABT Abbott Laboratories | Add +1.7% | 1.14% | −0.02 |
| LIN Linde PLC | Add +4.0% | 1.14% | −0.04 |
| SYK Stryker Corp. | Add +0.0% | 3.09% | −0.06 |
| META Meta Platforms Inc. Class A | Add +6.4% | 6.19% | −0.09 |
| ROP Roper Technologies Inc. | Add +0.2% | 1.08% | −0.09 |
| MDLZ Mondelez International Inc. Class A | Add +2.3% | 0.87% | −0.09 |
| CHTR Charter Communications Inc. Class A | Add +8.1% | 1.95% | −0.35 |
Options Activity Q3 2025 → Q4 2025
| VANECK ETF TRUST | put | New | 130 | $9K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 45 | $350.7M | GOOGL, JPM, MSFT, META, AMZN |
| Q1 2026 | 54 | $383.7M | JPM, GOOGL, MSFT, META, AMZN |
| Q4 2025 | 55 | $399.5M | GOOGL, JPM, META, AMZN, MSFT |
| Q3 2025 | 58 | $412.0M | GOOGL, AMZN, META, JPM, MSFT |
| Q2 2025 | 53 | $402.8M | META, GOOGL, AMZN, JPM, MSFT |
| Q1 2025 | 51 | $375.5M | META, GOOGL, MSFT, AMZN, JPM |
| Q4 2024 | 31 | $197.6M | META, AMZN, TMO, SNPS, UNH |
| Q3 2024 | 38 | $229.8M | AMZN, META, SNPS, GOOGL, NFLX |
| Q2 2024 | 34 | $200.0M | AMZN, META, GOOGL, MCD, MSFT |
| Q1 2024 | 35 | $219.6M | AMZN, GOOGL, META, ACN, MSFT |