DORCHESTER WEALTH MANAGEMENT Co

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), DORCHESTER WEALTH MANAGEMENT Co reported 166 stock positions worth $555.7 million. Its top holding was Apple (AAPL) at 8.5% of the portfolio, followed by Royal Bank of Canada (RY, 4.1%) and Toronto-Dominion Bank (TD, 3.5%). Compared with Q4 2023, it opened 11 new positions, sold out of 3, added to 62 and reduced 63. The biggest buy was Suncor Energy (SU, shares +1%) and the biggest sale Apple (AAPL, shares −6%).

Most Recent 13F
Q4 2024
Location
MONTREAL, A8
CIK
0001649888
Portfolio Value
$555.7M (Q1 2024)
SEC Filing
0001085146-24-002149 ↗ filed Apr 30, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $555.7M $555.7M Q1 2024 Q2 2024: $517.6M Q2 2024 Q3 2024: $548.2M Q3 2024 Q4 2024: $501.3M Q4 2024

Holdings 166 stocks · $555.7M
AAPL Apple Inc. 8.47% 274,445 $47.1M Reduce -5.5%
RY Royal Bank of Canada 4.10% 227,653 $22.8M Reduce -0.8%
TD Toronto-Dominion Bank 3.45% 321,908 $19.2M Reduce -0.9%
BMO Bank of Montreal filed as BANK MONTREAL QUE 3.21% 183,672 $17.8M Reduce -1.6%
GOOG Alphabet Inc. Class C 2.64% 96,476 $14.7M Add +0.8%
SU Suncor Energy Inc. 2.58% 404,339 $14.3M Add +0.6%
CNI Canadian Natl Railway Co. 2.38% 101,355 $13.2M Reduce -1.5%
BCE Bce Inc. 2.27% 371,223 $12.6M Add +12.1%
JPM JPMorgan Chase & Co. 2.24% 62,265 $12.5M Reduce -2.4%
ENB Enbridge Inc. 2.24% 349,218 $12.5M Add +1.0%
MFC Manulife Financial Corp. 2.22% 497,341 $12.3M Reduce -1.3%
JNJ Johnson & Johnson 2.12% 74,467 $11.8M Reduce -1.4%
CSCO Cisco Systems Inc. 2.05% 228,175 $11.4M Add +0.3%
CNQ Canadian Natural Resources 2.01% 147,672 $11.2M Reduce -0.9%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 2.01% 217,482 $11.2M Add +0.0%
TRP TC Energy Corp. 2.00% 280,587 $11.1M Add +1.9%
WMT Walmart Inc. 1.97% 182,364 $11.0M Reduce -2.2%
GIB Cgi Inc. 1.87% 96,354 $10.4M Reduce -0.4%
MSFT Microsoft Corp. 1.82% 23,980 $10.1M Reduce -3.8%
CVS CVS Health Corp. 1.81% 126,363 $10.1M Add +1.6%
RCI Rogers Communications Inc. Class B 1.73% 236,882 $9.6M Reduce -0.4%
PEP Pepsico Inc. 1.69% 53,680 $9.4M Add +1.6%
OTEX Open Text Corp. 1.65% 239,314 $9.2M Add +0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.58% 45,998 $8.8M Reduce -0.6%
ORCL Oracle Corp. 1.55% 68,375 $8.6M Add +2.5%
AEM Agnico Eagle Mines Ltd. 1.54% 156,953 $8.5M Add +0.7%
CMCSA Comcast Corp. Class A 1.53% 195,545 $8.5M Add +1.1%
PFE Pfizer Inc. 1.46% 291,657 $8.1M Add +21.0%
WTW Willis Towers Watson PLC 1.34% 27,141 $7.5M Reduce -0.9%
FDX FedEx Corp. 1.23% 23,612 $6.8M Add +2.4%
PM Philip Morris International 1.22% 73,821 $6.8M Add +1.6%
KVUE Kenvue Inc. 1.16% 300,671 $6.5M Add +0.7%
V Visa Inc. Class A 1.09% 21,697 $6.1M Reduce -1.4%
WFC Wells Fargo & Co. 1.01% 96,783 $5.6M Reduce -3.9%
COST Costco Wholesale Corp. 0.99% 7,525 $5.5M Reduce -6.7%
BBU Brookfield Business PT-Unit 0.98% 255,499 $5.4M Reduce -2.1%
GDX Vaneck Gold Miners ETF 0.94% 165,605 $5.2M Add +3.1%
NEM Newmont Corp. 0.86% 159,597 $4.8M Add +2.7%
GOOGL Alphabet Inc. Class A 0.82% 30,076 $4.5M Reduce -1.7%
BRK.B Berkshire Hathaway Inc. Class B 0.82% 10,780 $4.5M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.80% 36,218 $4.4M Add +1.9%
FEZ State Street SPDR Euro Stoxx 0.79% 83,420 $4.4M Reduce -0.4%
MCD McDonald's Corp. 0.74% 14,620 $4.1M Reduce -3.3%
CVE Cenovus Energy Inc. 0.73% 215,241 $4.0M Add +5.9%
VTRS Viatris Inc. 0.71% 331,724 $4.0M Reduce -0.8%
UNH Unitedhealth Group Inc. 0.69% 7,791 $3.9M Reduce -6.2%
FIX Comfort Systems USA Inc. 0.58% 10,205 $3.2M Reduce -43.5%
TU Telus Corp. 0.57% 198,571 $3.2M Reduce -3.9%
NKE Nike Inc. Class B 0.53% 31,298 $2.9M Reduce -6.6%
ACN Accenture PLC Class A 0.51% 8,240 $2.9M Add +1.2%
MTD Mettler-Toledo International 0.50% 2,082 $2.8M Add +2.7%
BBUC Brookfield Business Class A 0.49% 116,462 $2.7M Add +0.3%
AMZN Amazon.com Inc. 0.48% 14,855 $2.7M Add +4.4%
ZTS Zoetis Inc. 0.46% 15,226 $2.6M Add +2.0%
SLF Sun Life Financial Inc. 0.39% 40,190 $2.2M Add +0.9%
VZ Verizon Communications Inc. 0.34% 44,466 $1.9M Add +0.1%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 0.33% 35,801 $1.8M Reduce -3.0%
BN Brookfield Corp. 0.32% 42,218 $1.8M Reduce -2.1%
SWK Stanley Black & Decker Inc. 0.30% 16,850 $1.7M Add +3.7%
FISV Fiserv Inc. 0.29% 10,037 $1.6M Reduce -1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.27% 39,182 $1.5M Add +5.2%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.26% 9,522 $1.5M Add +23.0%
CL Colgate-Palmolive Co. 0.26% 16,006 $1.4M Reduce -4.3%
NVDA Nvidia Corp. 0.26% 1,570 $1.4M Reduce -10.3%
WBA Walgreens Boots Alliance Inc. 0.25% 62,928 $1.4M Reduce -1.8%
HD Home Depot Inc. 0.24% 3,424 $1.3M Add +6.2%
PG The Procter & Gamble Co. 0.24% 8,085 $1.3M No change
MRK Merck & Co. Inc. 0.23% 9,825 $1.3M Reduce -2.6%
BRK.A Berkshire Hathaway Inc. Class A 0.23% 2 $1.3M No change
META Meta Platforms Inc. Class A 0.23% 2,579 $1.3M Reduce -1.7%
GLW Corning Inc. 0.22% 37,512 $1.2M Reduce -1.1%
TCN Tricon Residential Inc. 0.21% 105,800 $1.2M Reduce -19.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.21% 2,242 $1.2M Add +10.3%
XLK SS Technology Select Sector 0.21% 5,615 $1.2M Reduce -6.7%
ABBV Abbvie Inc. 0.21% 6,405 $1.2M Reduce -12.3%
GILD Gilead Sciences Inc. 0.21% 15,798 $1.2M Reduce -1.1%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.21% 29,570 $1.1M Add +0.2%
CDNS Cadence Design SYS Inc. 0.20% 3,600 $1.1M Add +227.3%
MA Mastercard Inc. Class A 0.20% 2,298 $1.1M Reduce -1.1%
BIP Brookfield Infrastructure Pa 0.19% 37,638 $1.0M Add +0.2%
C Citigroup Inc. 0.18% 15,490 $980K Add +248.9%
CP Canadian Pacific Kansas City 0.17% 10,853 $957K Reduce -1.4%
TAC Transalta Corp. 0.17% 148,300 $951K Add +2.3%
AGI Alamos Gold Inc. Class A 0.16% 60,000 $884K No change
PBA Pembina Pipeline Corp. 0.15% 24,041 $848K Reduce -14.4%
NFLX Netflix Inc. 0.15% 1,381 $839K No change
BMY Bristol-Myers Squibb Co. 0.14% 14,330 $777K Add +6.3%
ABNB Airbnb Inc. Class A 0.13% 4,470 $737K Reduce -6.3%
XOM Exxon Mobil Corp. 0.12% 5,900 $686K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.12% 6,565 $666K No change
ABT Abbott Laboratories 0.12% 5,708 $649K No change
CVX Chevron Corp. 0.12% 4,075 $643K Add +3.2%
TFII Tfi International Inc. 0.11% 3,821 $609K Reduce -2.5%
EQX Equinox Gold Corp. 0.11% 99,700 $601K Add +6.9%
LOW Lowe's Cos Inc. 0.11% 2,355 $600K No change
BA The Boeing Co. 0.11% 3,045 $588K Add +35.0%
MO Altria Group Inc. 0.10% 13,141 $573K Add +0.1%
IAG Iamgold Corp. 0.10% 169,100 $564K Reduce -1.6%
NTR Nutrien Ltd. 0.10% 10,241 $556K No change
BEP Brookfield Renewable Partner 0.10% 30,218 $555K Reduce -2.6%
CMI Cummins Inc. 0.10% 1,850 $545K Add +2.8%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.09% 95,650 $527K Add +2.1%
TIXT Telus International Cda Inc. 0.09% 60,700 $514K Add +12.1%
FTS Fortis Inc. 0.09% 12,936 $511K Reduce -0.7%
PK Park Hotels & Resorts Inc. 0.09% 29,125 $509K No change
KGC Kinross Gold Corp. 0.09% 82,900 $502K Reduce -1.3%
CAE Cae Inc. 0.09% 24,251 $501K Reduce -4.0%
GS Goldman Sachs Group Inc. 0.09% 1,197 $500K No change
EWC iShares MSCI Canada ETF 0.09% 12,991 $497K Add +7.0%
MDT Medtronic PLC 0.09% 5,655 $493K Add +17.7%
PYPL PayPal Holdings Inc. 0.09% 7,340 $492K Add +123.4%
SBUX Starbucks Corp. 0.08% 5,055 $462K No change
T AT&T Inc. 0.08% 25,187 $443K Reduce -0.5%
B Barrick Gold Corp. 0.08% 36,519 $441K Add +2.4%
BTG B2GOLD Corp. 0.08% 164,550 $431K Add +22.3%
MAG Mag Silver Corp. 0.08% 40,825 $431K Add +38.9%
CRM Salesforce Inc. 0.08% 1,400 $422K No change
PAAS Pan American Silver Corp. 0.08% 28,451 $422K Add +20.9%
VOD Vodafone Group PLC-SP ADR 0.07% 45,906 $409K Add +20.3%
BAM Brookfield Asset Mgmt-A 0.07% 9,527 $400K Reduce -5.2%
IWM iShares Russell 2000 ETF 0.07% 1,900 $400K Add +76.7%
DEO Diageo PLC-Sponsored ADR 0.07% 2,665 $396K No change
OVV Ovintiv Inc. 0.07% 7,184 $373K No change
ASA ASA Gold and Precious Metals 0.07% 24,125 $371K Add +10.4%
TECK Teck Resources Ltd.-CLS B 0.07% 7,900 $361K New
FSM Fortuna Silver Mines Inc. 0.06% 96,900 $360K Add +11.4%
QQQ Invesco QQQ Trust Series 1 0.06% 800 $355K No change
QSR Restaurant Brands Intern 0.06% 4,302 $342K Add +13.2%
MIDD Middleby Corp. 0.06% 2,000 $322K No change
BP BP PLC-Spons ADR 0.06% 8,500 $320K Reduce -1.2%
XOP SS SPDR S&P Og Exp & Prod 0.06% 2,050 $318K Add +28.1%
TAP Molson Coors Beverage Co. Class B 0.06% 4,600 $309K Reduce -1.1%
BTE Baytex Energy Corp. 0.06% 137,700 $306K New
KHC The Kraft Heinz Co. 0.05% 8,259 $305K Reduce -4.6%
DHR Danaher Corp. 0.05% 1,194 $298K Add +20.1%
NVS Novartis AG-Sponsored ADR 0.05% 2,945 $285K No change
INTC Intel Corp. 0.05% 6,425 $284K Reduce -6.5%
WPM Wheaton Precious Metals Corp. 0.05% 6,075 $281K No change
FSLR First Solar Inc. 0.05% 1,625 $274K New
GM General Motors Co. 0.05% 6,000 $272K No change
MELI MercadoLibre Inc. 0.05% 177 $268K Reduce -5.3%
GE General Electric 0.05% 1,499 $263K Reduce -26.5%
GFL GFL Environmental Inc.-Sub VT 0.05% 7,500 $259K New
BEPC Brookfield Renewable Cor-A 0.04% 10,875 $250K No change
GLD SPDR Gold Shares 0.04% 1,125 $231K No change
LLY Eli Lilly & Co. 0.04% 294 $229K New
IYJ iShares U.S. Industrials ETF 0.04% 1,800 $226K No change
GIL Gildan Activewear Inc. 0.04% 6,090 $226K No change
DG Dollar General Corp. 0.04% 1,405 $219K New
VNQ Vanguard Real Estate ETF 0.04% 2,500 $216K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.04% 3,700 $213K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.04% 535 $213K Reduce -1.6%
BUD Anheuser-Busch Inbev-SPN ADR 0.04% 3,500 $213K Reduce -1.4%
FNV Franco-Nevada Corp. 0.04% 1,710 $204K New
MPC Marathon Petroleum Corp. 0.04% 1,000 $202K New
IYM iShares U.S. Basic Materials 0.04% 1,365 $201K New
DAL Delta Air Lines Inc. 0.04% 4,200 $201K New
MQ Marqeta Inc. 0.03% 31,969 $191K No change
SILV Silvercrest Metals Inc. 0.03% 25,000 $167K No change
VMD Viemed Healthcare Inc. 0.02% 14,480 $137K Add +16.0%
VIV Telefonica Brasil-ADR 0.02% 12,525 $126K Reduce -2.0%
WBD Warner Bros Discovery Inc. 0.02% 10,305 $90K Reduce -2.2%
TELFY Telefonica SA-Spon ADR 0.01% 10,954 $48K No change
AQMS Aqua Metals Inc. 0.01% 53,400 $29K No change
NVEI Nuvei Corp.-Subordinate VTG 0.00% 548,400 $8K Reduce -0.4%
NGD New Gold Inc. 0.00% 209,600 $8K Add +2.2%

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -5.5% 8.47% −1.88
TD Toronto-Dominion Bank Reduce -0.9% 3.45% −0.39
RCI Rogers Communications Inc. Class B Reduce -0.4% 1.73% −0.31
BMO Bank of Montreal Reduce -1.6% 3.21% −0.19
RY Royal Bank of Canada Reduce -0.8% 4.10% −0.17
NKE Nike Inc. Class B Reduce -6.6% 0.53% −0.14
UNH Unitedhealth Group Inc. Reduce -6.2% 0.69% −0.12
TU Telus Corp. Reduce -3.9% 0.57% −0.11
FIX Comfort Systems USA Inc. Reduce -43.5% 0.58% −0.10
MCD McDonald's Corp. Reduce -3.3% 0.74% −0.09
JNJ Johnson & Johnson Reduce -1.4% 2.12% −0.07
WBA Walgreens Boots Alliance Inc. Reduce -1.8% 0.25% −0.06
TSLA Tesla Inc. Sold out 0.00% −0.05
APD Air Products & Chemicals Inc. Sold out 0.00% −0.04
LULU Lululemon Athletica Inc. Sold out 0.00% −0.04
GILD Gilead Sciences Inc. Reduce -1.1% 0.21% −0.03
PBA Pembina Pipeline Corp. Reduce -14.4% 0.15% −0.03
BEP Brookfield Renewable Partner Reduce -2.6% 0.10% −0.02
INTC Intel Corp. Reduce -6.5% 0.05% −0.01
NVEI Nuvei Corp.-Subordinate VTG Reduce -0.4% 0.00% −0.01
CAE Cae Inc. Reduce -4.0% 0.09% −0.01
TCN Tricon Residential Inc. Reduce -19.7% 0.21% −0.01
GIB Cgi Inc. Reduce -0.4% 1.87% −0.01
FTS Fortis Inc. Reduce -0.7% 0.09% −0.01
MELI MercadoLibre Inc. Reduce -5.3% 0.05% −0.01
WBD Warner Bros Discovery Inc. Reduce -2.2% 0.02% −0.01
KHC The Kraft Heinz Co. Reduce -4.6% 0.05% −0.00
BUD Anheuser-Busch Inbev-SPN ADR Reduce -1.4% 0.04% −0.00
XLK SS Technology Select Sector Reduce -6.7% 0.21% −0.00
VIV Telefonica Brasil-ADR Reduce -2.0% 0.02% −0.00
BAM Brookfield Asset Mgmt-A Reduce -5.2% 0.07% −0.00
BN Brookfield Corp. Reduce -2.1% 0.32% −0.00
CM Can Imperial BK of Commerce Reduce -3.0% 0.33% −0.00
KGC Kinross Gold Corp. Reduce -1.3% 0.09% −0.00
GE General Electric Reduce -26.5% 0.05% −0.00
DIA SS SPDR Dow Jones Indus Avg Reduce -1.6% 0.04% +0.00
ABBV Abbvie Inc. Reduce -12.3% 0.21% +0.00
T AT&T Inc. Reduce -0.5% 0.08% +0.00
BP BP PLC-Spons ADR Reduce -1.2% 0.06% +0.00
TAP Molson Coors Beverage Co. Class B Reduce -1.1% 0.06% +0.00
COST Costco Wholesale Corp. Reduce -6.7% 0.99% +0.01
GLW Corning Inc. Reduce -1.1% 0.22% +0.01
CP Canadian Pacific Kansas City Reduce -1.4% 0.17% +0.01
TFII Tfi International Inc. Reduce -2.5% 0.11% +0.01
ABNB Airbnb Inc. Class A Reduce -6.3% 0.13% +0.01
CL Colgate-Palmolive Co. Reduce -4.3% 0.26% +0.01
MA Mastercard Inc. Class A Reduce -1.1% 0.20% +0.02
CNI Canadian Natl Railway Co. Reduce -1.5% 2.38% +0.02
IAG Iamgold Corp. Reduce -1.6% 0.10% +0.02
BBU Brookfield Business PT-Unit Reduce -2.1% 0.98% +0.02

Portfolio Buys Q4 2023 → Q1 2024
SU Suncor Energy Inc. Add +0.6% 2.58% +0.29
ORCL Oracle Corp. Add +2.5% 1.55% +0.25
DIS The Walt Disney Co. Add +1.9% 0.80% +0.20
PFE Pfizer Inc. Add +21.0% 1.46% +0.17
CVE Cenovus Energy Inc. Add +5.9% 0.73% +0.15
FDX FedEx Corp. Add +2.4% 1.23% +0.15
GOOG Alphabet Inc. Class C Add +0.8% 2.64% +0.15
CDNS Cadence Design SYS Inc. Add +227.3% 0.20% +0.15
C Citigroup Inc. Add +248.9% 0.18% +0.13
AEM Agnico Eagle Mines Ltd. Add +0.7% 1.54% +0.09
AMZN Amazon.com Inc. Add +4.4% 0.48% +0.08
TECK Teck Resources Ltd.-CLS B New 0.07% +0.07
BNS Bank of Nova Scotia Add +0.0% 2.01% +0.06
BTE Baytex Energy Corp. New 0.06% +0.06
EL Estee Lauder Companies Class A Add +23.0% 0.26% +0.05
PYPL PayPal Holdings Inc. Add +123.4% 0.09% +0.05
FSLR First Solar Inc. New 0.05% +0.05
GFL GFL Environmental Inc.-Sub VT New 0.05% +0.05
MTD Mettler-Toledo International Add +2.7% 0.50% +0.04
LLY Eli Lilly & Co. New 0.04% +0.04
DG Dollar General Corp. New 0.04% +0.04
BNY Bank of New York Mellon Corp. New 0.04% +0.04
FNV Franco-Nevada Corp. New 0.04% +0.04
MPC Marathon Petroleum Corp. New 0.04% +0.04
DAL Delta Air Lines Inc. New 0.04% +0.04
IYM iShares U.S. Basic Materials New 0.04% +0.04
BAC Bank of America Corp. Add +5.2% 0.27% +0.04
TRP TC Energy Corp. Add +1.9% 2.00% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +10.3% 0.21% +0.03
IWM iShares Russell 2000 ETF Add +76.7% 0.07% +0.03
PEP Pepsico Inc. Add +1.6% 1.69% +0.03
HD Home Depot Inc. Add +6.2% 0.24% +0.03
VZ Verizon Communications Inc. Add +0.1% 0.34% +0.03
EQX Equinox Gold Corp. Add +6.9% 0.11% +0.02
GDX Vaneck Gold Miners ETF Add +3.1% 0.94% +0.02
MAG Mag Silver Corp. Add +38.9% 0.08% +0.02
CMI Cummins Inc. Add +2.8% 0.10% +0.02
XOP SS SPDR S&P Og Exp & Prod Add +28.1% 0.06% +0.02
MDT Medtronic PLC Add +17.7% 0.09% +0.02
VOD Vodafone Group PLC-SP ADR Add +20.3% 0.07% +0.01
BMY Bristol-Myers Squibb Co. Add +6.3% 0.14% +0.01
SLF Sun Life Financial Inc. Add +0.9% 0.39% +0.01
DHR Danaher Corp. Add +20.1% 0.05% +0.01
EWC iShares MSCI Canada ETF Add +7.0% 0.09% +0.01
CVX Chevron Corp. Add +3.2% 0.12% +0.01
VMD Viemed Healthcare Inc. Add +16.0% 0.02% +0.01
QSR Restaurant Brands Intern Add +13.2% 0.06% +0.01
TIXT Telus International Cda Inc. Add +12.1% 0.09% +0.01
PAAS Pan American Silver Corp. Add +20.9% 0.08% +0.01
ASA ASA Gold and Precious Metals Add +10.4% 0.07% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 146$501.3MAAPL, BMO, GOOG, TD, RY
Q3 2024 162$548.2MAAPL, TD, RY, BMO, GOOG
Q2 2024 160$517.6MAAPL, RY, GOOG, TD, BMO
Q1 2024 166$555.7MAAPL, RY, TD, BMO, GOOG