Guardian Partners Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Guardian Partners Inc. reported 174 stock positions worth $1.1 billion. Its top holding was Royal Bank of Canada (RY) at 5.7% of the portfolio, followed by Toronto-Dominion Bank (TD, 4.4%) and Invesco KBW Bank ETF (KBWB, 4.0%). Compared with Q1 2025, it opened 10 new positions, sold out of 5, added to 68 and reduced 76. The biggest buy was Invesco KBW Bank ETF (KBWB, shares +839%) and the biggest sale SS Financial Select Sector (XLF, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001884799
- Portfolio Value
- $1.1B (Q2 2025)
- SEC Filing
- 0001062993-25-013800 ↗ filed Aug 7, 2025
Holdings Value
Holdings 174 stocks · $1.1B
| RY Royal Bank of Canada | 5.69% | 476,411 | $63.3M | Reduce -1.1% |
| TD Toronto-Dominion Bank | 4.44% | 664,881 | $49.4M | Reduce -0.9% |
| KBWB Invesco KBW Bank ETF | 4.00% | 608,586 | $44.5M | Add +839.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.74% | 93,962 | $41.6M | Add +576.6% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 3.50% | 343,237 | $38.9M | Reduce -1.9% |
| ENB Enbridge Inc. | 3.08% | 779,070 | $34.2M | Add +0.8% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 2.97% | 600,702 | $33.0M | Reduce -4.9% |
| MSFT Microsoft Corp. | 2.91% | 64,407 | $32.4M | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 2.26% | 88,979 | $25.2M | Reduce -2.1% |
| CNI Canadian Natl Railway Co. | 2.23% | 236,131 | $24.8M | Add +0.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 2.05% | 312,669 | $22.8M | Reduce -3.3% |
| NTR Nutrien Ltd. | 1.93% | 343,974 | $21.4M | Add +3.7% |
| AAPL Apple Inc. | 1.76% | 92,820 | $19.6M | Add +4.8% |
| EMR Emerson Electric Co. | 1.65% | 131,502 | $18.4M | Add +0.6% |
| BN Brookfield Corp. | 1.64% | 291,405 | $18.3M | Add +4.4% |
| BAM Brookfield Asset Mgmt-A | 1.59% | 314,866 | $17.6M | Reduce -0.7% |
| ING ING Groep N.V.-Sponsored ADR | 1.51% | 723,954 | $16.8M | Reduce -0.7% |
| CNQ Canadian Natural Resources | 1.44% | 498,552 | $16.0M | Reduce -6.5% |
| MCD McDonald's Corp. | 1.41% | 53,496 | $15.7M | Add +0.7% |
| SAP Sap SE-Sponsored ADR | 1.32% | 47,113 | $14.7M | Reduce -3.0% |
| JNJ Johnson & Johnson | 1.32% | 93,832 | $14.7M | Reduce -0.2% |
| DUK Duke Energy Corp. | 1.30% | 123,782 | $14.5M | Reduce -1.0% |
| FTS Fortis Inc. | 1.28% | 303,140 | $14.2M | Add +1.6% |
| TU Telus Corp. | 1.24% | 832,462 | $13.8M | Add +0.1% |
| IMO Imperial Oil Ltd. | 1.17% | 162,727 | $13.0M | Add +0.2% |
| WMT Walmart Inc. | 1.16% | 133,625 | $12.9M | Reduce -3.6% |
| DFEM Dimensional Emrg MRKT Core | 1.14% | 423,818 | $12.7M | Add +0.6% |
| MA Mastercard Inc. Class A | 1.10% | 21,757 | $12.3M | Reduce -1.9% |
| PEP Pepsico Inc. | 1.07% | 88,868 | $12.0M | Add +0.4% |
| NGG National Grid PLC-SP ADR | 1.06% | 167,143 | $11.8M | Reduce -2.1% |
| RCI Rogers Communications Inc. Class B | 1.03% | 355,812 | $11.5M | Add +17.2% |
| COST Costco Wholesale Corp. | 1.02% | 11,561 | $11.4M | Add +16.4% |
| SU Suncor Energy Inc. | 0.96% | 272,119 | $10.7M | Add +0.8% |
| CVX Chevron Corp. | 0.94% | 68,015 | $10.4M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.85% | 40,241 | $9.5M | Reduce -1.5% |
| SLF Sun Life Financial Inc. | 0.84% | 150,925 | $9.3M | Reduce -6.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.82% | 130,552 | $9.1M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 0.82% | 51,495 | $9.1M | Add +3.7% |
| TXN Texas Instruments Inc. | 0.80% | 41,314 | $8.9M | Add +1.4% |
| SNY Sanofi-ADR | 0.80% | 181,748 | $8.9M | Reduce -0.9% |
| PBA Pembina Pipeline Corp. | 0.79% | 241,771 | $8.8M | Add +0.6% |
| AXP American Express Co. | 0.79% | 27,798 | $8.8M | Reduce -0.1% |
| MGA Magna International Inc. | 0.77% | 201,975 | $8.6M | Add +7.0% |
| TRP TC Energy Corp. | 0.74% | 176,763 | $8.3M | Reduce -1.0% |
| RTX RTX Corp. | 0.74% | 56,313 | $8.2M | Add +1.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.74% | 35,302 | $8.2M | Reduce -17.9% |
| EMA Emera Inc. | 0.73% | 178,034 | $8.1M | New |
| TTE Totalenergies SE -Spon ADR | 0.71% | 126,709 | $7.9M | Reduce -2.0% |
| TIP iShares Tips Bond ETF | 0.69% | 70,616 | $7.7M | Reduce -16.6% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.69% | 562,925 | $7.7M | Reduce -2.3% |
| ABCL Abcellera Biologics Inc. | 0.68% | 1,786,414 | $7.5M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.66% | 11,820 | $7.4M | Add +2.0% |
| COPX Global X Copper Miners ETF | 0.62% | 154,004 | $6.9M | Add +785.1% |
| AFL Aflac Inc. | 0.59% | 64,308 | $6.6M | Add +0.9% |
| OTEX Open Text Corp. | 0.54% | 209,194 | $6.1M | Add +2.8% |
| GDX Vaneck Gold Miners ETF | 0.53% | 113,850 | $5.9M | Reduce -70.9% |
| XHB SS SPDR S&P Homebldrs ETF | 0.52% | 55,462 | $5.8M | Add +1683.3% |
| NKE Nike Inc. Class B | 0.51% | 77,076 | $5.7M | Add +9.5% |
| MFC Manulife Financial Corp. | 0.50% | 183,180 | $5.6M | Add +1.8% |
| AEM Agnico Eagle Mines Ltd. | 0.50% | 47,423 | $5.6M | Reduce -6.1% |
| SBUX Starbucks Corp. | 0.46% | 53,188 | $5.1M | Add +2.5% |
| WFC Wells Fargo & Co. | 0.43% | 58,847 | $4.8M | Add +2.6% |
| BHP BHP Group Ltd.-Spon ADR | 0.43% | 96,407 | $4.8M | Reduce -3.7% |
| AEP American Electric Power | 0.42% | 44,740 | $4.7M | Reduce -5.0% |
| QCOM Qualcomm Inc. | 0.41% | 28,868 | $4.6M | Reduce -4.0% |
| DEO Diageo PLC-Sponsored ADR | 0.41% | 43,536 | $4.6M | Reduce -4.2% |
| UNH Unitedhealth Group Inc. | 0.37% | 13,641 | $4.1M | Reduce -8.3% |
| TRI Thomson Reuters Corp. | 0.37% | 20,443 | $4.1M | Reduce -2.8% |
| CME Cme Group Inc. | 0.36% | 14,575 | $4.0M | Add +2.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 32,432 | $3.9M | Add +1.3% |
| BCE Bce Inc. | 0.34% | 158,399 | $3.8M | Reduce -30.1% |
| SIL Global X Silver Miners ETF | 0.34% | 78,400 | $3.8M | New |
| INTU Intuit Inc. | 0.34% | 4,905 | $3.8M | Add +1.8% |
| NDAQ Nasdaq Inc. | 0.33% | 40,325 | $3.6M | Add +0.5% |
| AMZN Amazon.com Inc. | 0.31% | 15,301 | $3.4M | Add +9.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.29% | 44,932 | $3.2M | Reduce -4.3% |
| LLY Eli Lilly & Co. | 0.28% | 3,988 | $3.1M | Reduce -26.4% |
| FCX Freeport-McMoran Inc. | 0.28% | 68,374 | $3.1M | Add +2.0% |
| DHR Danaher Corp. | 0.26% | 14,406 | $2.9M | Reduce -1.1% |
| CEF Sprott Physical Gold and Sil | 0.26% | 95,132 | $2.9M | Add +20.0% |
| UL Unilever PLC | 0.25% | 45,834 | $2.8M | Reduce -8.3% |
| BIP Brookfield Infrastructure Pa | 0.25% | 84,033 | $2.8M | Reduce -1.4% |
| GS Goldman Sachs Group Inc. | 0.23% | 3,675 | $2.6M | Add +59.8% |
| WCN Waste Connections Inc. | 0.22% | 13,619 | $2.5M | Reduce -6.0% |
| NVDA Nvidia Corp. | 0.21% | 14,366 | $2.3M | Add +4.0% |
| CCJ Cameco Corp. | 0.21% | 32,020 | $2.3M | Reduce -1.0% |
| UBER Uber Technologies Inc. | 0.21% | 23,690 | $2.3M | Add +20.3% |
| GOOG Alphabet Inc. Class C | 0.20% | 12,445 | $2.2M | Reduce -0.1% |
| MP MP Materials Corp. | 0.19% | 68,900 | $2.1M | Add +0.6% |
| AVGO Broadcom Inc. | 0.18% | 7,350 | $2.0M | Reduce -1.3% |
| RING iShares MSCI Global Gold Min | 0.18% | 46,300 | $2.0M | Reduce -87.3% |
| BLK BlackRock Inc. | 0.18% | 1,818 | $2.0M | Add +430.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 4,001 | $1.9M | Reduce -0.7% |
| BKNG Booking Holdings Inc. | 0.17% | 331 | $1.9M | Reduce -5.4% |
| VEA Vanguard Ftse Developed ETF | 0.16% | 30,557 | $1.8M | Add +0.9% |
| VRSK Verisk Analytics Inc. | 0.16% | 5,739 | $1.7M | Reduce -2.4% |
| PFE Pfizer Inc. | 0.15% | 67,295 | $1.7M | Reduce -54.1% |
| PROSHARES TR II | 0.15% | 100,000 | $1.7M | New |
| BEP Brookfield Renewable Partner | 0.15% | 65,125 | $1.7M | Add +0.2% |
| SHOP Shopify Inc. Class A | 0.14% | 14,060 | $1.6M | Add +3.8% |
Portfolio Sells Q1 2025 → Q2 2025
| XLF SS Financial Select Sector | Reduce -97.8% | 0.07% | −3.05 |
| GDX Vaneck Gold Miners ETF | Reduce -70.9% | 0.53% | −1.44 |
| RING iShares MSCI Global Gold Min | Reduce -87.3% | 0.18% | −1.36 |
| EWJV iShares MSCI Japan Value ETF | Reduce -90.1% | 0.13% | −1.32 |
| DXJ Wisdomtree Japan Hedged Eq | Reduce -91.9% | 0.04% | −0.51 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.50 |
| UNH Unitedhealth Group Inc. | Reduce -8.3% | 0.37% | −0.29 |
| DUK Duke Energy Corp. | Reduce -1.0% | 1.30% | −0.27 |
| TIP iShares Tips Bond ETF | Reduce -16.6% | 0.69% | −0.26 |
| SNY Sanofi-ADR | Reduce -0.9% | 0.80% | −0.21 |
| NGG National Grid PLC-SP ADR | Reduce -2.1% | 1.06% | −0.20 |
| WMT Walmart Inc. | Reduce -3.6% | 1.16% | −0.20 |
| JNJ Johnson & Johnson | Reduce -0.2% | 1.32% | −0.19 |
| PFE Pfizer Inc. | Reduce -54.1% | 0.15% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -26.4% | 0.28% | −0.18 |
| BCE Bce Inc. | Reduce -30.1% | 0.34% | −0.16 |
| ELV Elevance Health Inc. | Reduce -40.9% | 0.11% | −0.15 |
| TRP TC Energy Corp. | Reduce -1.0% | 0.74% | −0.13 |
| DEO Diageo PLC-Sponsored ADR | Reduce -4.2% | 0.41% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -1.9% | 1.10% | −0.11 |
| CNQ Canadian Natural Resources | Reduce -6.5% | 1.44% | −0.10 |
| AEP American Electric Power | Reduce -5.0% | 0.42% | −0.10 |
| SLF Sun Life Financial Inc. | Reduce -6.6% | 0.84% | −0.09 |
| AEM Agnico Eagle Mines Ltd. | Reduce -6.1% | 0.50% | −0.09 |
| BNS Bank of Nova Scotia | Reduce -4.9% | 2.97% | −0.08 |
| UL Unilever PLC | Reduce -8.3% | 0.25% | −0.08 |
| TTE Totalenergies SE -Spon ADR | Reduce -2.0% | 0.71% | −0.07 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -3.7% | 0.43% | −0.07 |
| WCN Waste Connections Inc. | Reduce -6.0% | 0.22% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.7% | 0.17% | −0.05 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -4.3% | 0.29% | −0.05 |
| ARKG ARK Genomic Revolution ETF | Reduce -57.5% | 0.03% | −0.04 |
| SAP Sap SE-Sponsored ADR | Reduce -3.0% | 1.32% | −0.04 |
| HEDJ Wisdomtree Europe Hedged Equ | Sold out | 0.00% | −0.04 |
| DHR Danaher Corp. | Reduce -1.1% | 0.26% | −0.04 |
| CVX Chevron Corp. | Reduce -0.5% | 0.94% | −0.03 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Reduce -2.3% | 0.69% | −0.03 |
| TRV The Travelers Cos Inc. | Reduce -11.3% | 0.08% | −0.03 |
| GIB Cgi Inc. | Reduce -5.6% | 0.13% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -4.0% | 0.41% | −0.02 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -9.5% | 0.08% | −0.02 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -2.4% | 0.16% | −0.02 |
| VRN Veren Inc. | Sold out | 0.00% | −0.02 |
| WAT Waters Corp. | Reduce -13.2% | 0.05% | −0.01 |
| BAM Brookfield Asset Mgmt-A | Reduce -0.7% | 1.59% | −0.01 |
| FNV Franco-Nevada Corp. | Reduce -24.6% | 0.02% | −0.01 |
| TRI Thomson Reuters Corp. | Reduce -2.8% | 0.37% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.7% | 0.13% | −0.01 |
| MKTX Marketaxess Holdings Inc. | Reduce -22.7% | 0.03% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| KBWB Invesco KBW Bank ETF | Add +839.2% | 4.00% | +3.61 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +576.6% | 3.74% | +3.22 |
| EMA Emera Inc. | New | 0.73% | +0.73 |
| COPX Global X Copper Miners ETF | Add +785.1% | 0.62% | +0.55 |
| XHB SS SPDR S&P Homebldrs ETF | Add +1683.3% | 0.52% | +0.49 |
| SIL Global X Silver Miners ETF | New | 0.34% | +0.34 |
| EMR Emerson Electric Co. | Add +0.6% | 1.65% | +0.29 |
| RCI Rogers Communications Inc. Class B | Add +17.2% | 1.03% | +0.27 |
| BN Brookfield Corp. | Add +4.4% | 1.64% | +0.22 |
| NTR Nutrien Ltd. | Add +3.7% | 1.93% | +0.17 |
| TXN Texas Instruments Inc. | Add +1.4% | 0.80% | +0.16 |
| PROSHARES TR II | New | 0.15% | +0.15 |
| BLK BlackRock Inc. | Add +430.0% | 0.18% | +0.15 |
| MGA Magna International Inc. | Add +7.0% | 0.77% | +0.14 |
| ILMN Illumina Inc. | New | 0.13% | +0.13 |
| GS Goldman Sachs Group Inc. | Add +59.8% | 0.23% | +0.10 |
| VST Vistra Corp. | New | 0.10% | +0.10 |
| NKE Nike Inc. Class B | Add +9.5% | 0.51% | +0.09 |
| CRM Salesforce Inc. | New | 0.09% | +0.09 |
| IMO Imperial Oil Ltd. | Add +0.2% | 1.17% | +0.08 |
| TTD Trade Desk Inc./the Class A | New | 0.07% | +0.07 |
| NVDA Nvidia Corp. | Add +4.0% | 0.21% | +0.06 |
| DIS The Walt Disney Co. | Add +1.3% | 0.35% | +0.06 |
| UBER Uber Technologies Inc. | Add +20.3% | 0.21% | +0.06 |
| TEM Tempus AI Inc. Class A | New | 0.05% | +0.05 |
| TLT iShares 20+ Year Treasury BD | New | 0.05% | +0.05 |
| RTX RTX Corp. | Add +1.0% | 0.74% | +0.05 |
| AMZN Amazon.com Inc. | Add +9.6% | 0.31% | +0.05 |
| ACN Accenture PLC Class A | Add +138.6% | 0.08% | +0.04 |
| INTU Intuit Inc. | Add +1.8% | 0.34% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +2.0% | 0.28% | +0.04 |
| DFEM Dimensional Emrg MRKT Core | Add +0.6% | 1.14% | +0.03 |
| WFC Wells Fargo & Co. | Add +2.6% | 0.43% | +0.03 |
| ONON On Holding AG Class A | Add +15.9% | 0.14% | +0.03 |
| CEF Sprott Physical Gold and Sil | Add +20.0% | 0.26% | +0.03 |
| MP MP Materials Corp. | Add +0.6% | 0.19% | +0.02 |
| SHOP Shopify Inc. Class A | Add +3.8% | 0.14% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.0% | 0.66% | +0.02 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.02% | +0.02 |
| NDAQ Nasdaq Inc. | Add +0.5% | 0.33% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +3.7% | 0.82% | +0.02 |
| XMMO Invesco S&P Midcap Momentum | Add +25.1% | 0.09% | +0.02 |
| COST Costco Wholesale Corp. | Add +16.4% | 1.02% | +0.02 |
| OTEX Open Text Corp. | Add +2.8% | 0.54% | +0.02 |
| SU Suncor Energy Inc. | Add +0.8% | 0.96% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +16.5% | 0.08% | +0.01 |
| SBUX Starbucks Corp. | Add +2.5% | 0.46% | +0.01 |
| BEP Brookfield Renewable Partner | Add +0.2% | 0.15% | +0.01 |
| COMB Graniteshares Bcom Broad STR | Add +21.0% | 0.10% | +0.01 |
| WPM Wheaton Precious Metals Corp. | Add +11.8% | 0.06% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 391 | $1.1B | RY, TD, BMO, BNS, CM |
| Q1 2026 | 192 | $1.2B | RY, TD, BMO, ENB, BNS |
| Q4 2025 | 201 | $1.2B | RY, TD, BMO, BNS, ENB |
| Q3 2025 | 179 | $1.2B | RY, TD, KBWB, BMO, ENB |
| Q2 2025 | 174 | $1.1B | RY, TD, KBWB, VUG, BMO |
| Q1 2025 | 169 | $967.6M | RY, TD, ENB, BMO, XLF |
| Q4 2024 | 165 | $982.8M | RY, TD, BMO, ENB, BNS |