Guardian Partners Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Guardian Partners Inc. reported 179 stock positions worth $1.2 billion. Its top holding was Royal Bank of Canada (RY) at 5.9% of the portfolio, followed by Toronto-Dominion Bank (TD, 4.5%) and Invesco KBW Bank ETF (KBWB, 3.8%). Compared with Q2 2025, it opened 14 new positions, sold out of 9, added to 52 and reduced 85. The biggest buy was iShares MSCI Global Gold Min (RING, shares +914%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001884799
- Portfolio Value
- $1.2B (Q3 2025)
- SEC Filing
- 0001062993-25-016690 ↗ filed Nov 13, 2025
Holdings Value
Holdings 179 stocks · $1.2B
| RY Royal Bank of Canada | 5.91% | 473,194 | $69.8M | Reduce -0.7% |
| TD Toronto-Dominion Bank | 4.48% | 657,357 | $53.0M | Reduce -1.1% |
| KBWB Invesco KBW Bank ETF | 3.79% | 581,319 | $44.8M | Reduce -4.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 3.75% | 338,734 | $44.3M | Reduce -1.3% |
| ENB Enbridge Inc. | 3.27% | 777,706 | $38.7M | Reduce -0.2% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 3.22% | 587,622 | $38.0M | Reduce -2.2% |
| MSFT Microsoft Corp. | 2.83% | 64,298 | $33.4M | Reduce -0.2% |
| RING iShares MSCI Global Gold Min | 2.60% | 469,400 | $30.8M | Add +913.8% |
| JPM JPMorgan Chase & Co. | 2.33% | 88,788 | $27.6M | Reduce -0.2% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 2.09% | 305,926 | $24.7M | Reduce -2.2% |
| AAPL Apple Inc. | 2.00% | 92,662 | $23.7M | Reduce -0.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.92% | 47,082 | $22.7M | Reduce -49.9% |
| CNI Canadian Natl Railway Co. | 1.91% | 237,954 | $22.5M | Add +0.8% |
| BN Brookfield Corp. | 1.69% | 293,023 | $19.9M | Add +0.6% |
| NTR Nutrien Ltd. | 1.65% | 344,172 | $19.5M | Add +0.1% |
| ING ING Groep N.V.-Sponsored ADR | 1.57% | 711,506 | $18.6M | Reduce -1.7% |
| BAM Brookfield Asset Mgmt-A | 1.46% | 309,264 | $17.3M | Reduce -1.8% |
| EMR Emerson Electric Co. | 1.46% | 131,297 | $17.2M | Reduce -0.2% |
| JNJ Johnson & Johnson | 1.45% | 92,079 | $17.1M | Reduce -1.9% |
| EWJV iShares MSCI Japan Value ETF | 1.40% | 427,575 | $16.6M | Add +933.4% |
| MCD McDonald's Corp. | 1.36% | 53,492 | $16.1M | Reduce -0.0% |
| CNQ Canadian Natural Resources | 1.30% | 482,719 | $15.4M | Reduce -3.2% |
| FTS Fortis Inc. | 1.28% | 300,428 | $15.2M | Reduce -0.9% |
| DUK Duke Energy Corp. | 1.28% | 123,153 | $15.1M | Reduce -0.5% |
| IMO Imperial Oil Ltd. | 1.22% | 160,108 | $14.5M | Reduce -1.6% |
| WMT Walmart Inc. | 1.10% | 127,921 | $13.0M | Reduce -4.3% |
| RCI Rogers Communications Inc. Class B | 1.09% | 369,555 | $12.9M | Add +3.9% |
| GOOGL Alphabet Inc. Class A | 1.09% | 52,488 | $12.9M | Add +1.9% |
| SAP Sap SE-Sponsored ADR | 1.07% | 46,710 | $12.6M | Reduce -0.9% |
| MA Mastercard Inc. Class A | 1.07% | 21,941 | $12.6M | Add +0.8% |
| TU Telus Corp. | 1.06% | 791,188 | $12.5M | Reduce -5.0% |
| PEP Pepsico Inc. | 1.05% | 86,360 | $12.4M | Reduce -2.8% |
| NGG National Grid PLC-SP ADR | 1.02% | 165,908 | $12.1M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.98% | 39,940 | $11.5M | Reduce -0.8% |
| SU Suncor Energy Inc. | 0.93% | 266,887 | $11.0M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.91% | 11,663 | $10.7M | Add +0.9% |
| CVX Chevron Corp. | 0.90% | 68,953 | $10.7M | Add +1.4% |
| ABCL Abcellera Biologics Inc. | 0.90% | 1,786,414 | $10.6M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.85% | 34,733 | $10.0M | Reduce -1.6% |
| PBA Pembina Pipeline Corp. | 0.84% | 247,467 | $9.9M | Add +2.4% |
| MGA Magna International Inc. | 0.82% | 202,924 | $9.6M | Add +0.5% |
| DFEM Dimensional Emrg MRKT Core | 0.81% | 299,528 | $9.6M | Reduce -29.3% |
| RTX RTX Corp. | 0.80% | 56,471 | $9.4M | Add +0.3% |
| TRP TC Energy Corp. | 0.78% | 170,691 | $9.2M | Reduce -3.4% |
| SNY Sanofi-ADR | 0.77% | 182,446 | $9.1M | Add +0.4% |
| AXP American Express Co. | 0.76% | 27,468 | $9.0M | Reduce -1.2% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.75% | 565,075 | $8.8M | Add +0.4% |
| SLF Sun Life Financial Inc. | 0.75% | 146,586 | $8.8M | Reduce -2.9% |
| COPX Global X Copper Miners ETF | 0.74% | 145,404 | $8.8M | Reduce -5.6% |
| EMA Emera Inc. | 0.72% | 177,397 | $8.5M | Reduce -0.4% |
| AEM Agnico Eagle Mines Ltd. | 0.68% | 47,331 | $8.1M | Reduce -0.2% |
| OTEX Open Text Corp. | 0.67% | 213,875 | $8.0M | Add +2.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.67% | 134,363 | $8.0M | Add +2.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 11,805 | $7.9M | Reduce -0.1% |
| TIP iShares Tips Bond ETF | 0.66% | 70,616 | $7.9M | No change |
| TXN Texas Instruments Inc. | 0.66% | 43,424 | $7.8M | Add +5.1% |
| TTE Totalenergies SE -Spon ADR | 0.65% | 127,371 | $7.7M | Add +0.5% |
| AFL Aflac Inc. | 0.61% | 64,663 | $7.2M | Add +0.6% |
| NKE Nike Inc. Class B | 0.52% | 83,576 | $6.2M | Add +8.4% |
| BHP BHP Group Ltd.-Spon ADR | 0.51% | 108,222 | $6.0M | Add +12.3% |
| MFC Manulife Financial Corp. | 0.49% | 183,763 | $5.8M | Add +0.3% |
| UNH Unitedhealth Group Inc. | 0.42% | 14,152 | $4.9M | Add +3.8% |
| AEP American Electric Power | 0.41% | 42,885 | $4.8M | Reduce -4.2% |
| WFC Wells Fargo & Co. | 0.40% | 58,212 | $4.7M | Reduce -1.1% |
| QCOM Qualcomm Inc. | 0.38% | 27,199 | $4.5M | Reduce -5.8% |
| SBUX Starbucks Corp. | 0.38% | 52,823 | $4.5M | Reduce -0.7% |
| CME Cme Group Inc. | 0.37% | 16,475 | $4.4M | Add +13.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.32% | 44,581 | $3.8M | Reduce -0.8% |
| CEF Sprott Physical Gold and Sil | 0.31% | 100,082 | $3.7M | Add +5.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 32,625 | $3.7M | Add +0.6% |
| BCE Bce Inc. | 0.31% | 154,376 | $3.6M | Reduce -2.5% |
| INTU Intuit Inc. | 0.29% | 4,967 | $3.4M | Add +1.3% |
| LLY Eli Lilly & Co. | 0.28% | 4,000 | $3.3M | Add +0.3% |
| TRI Thomson Reuters Corp. | 0.26% | 20,466 | $3.1M | Add +0.1% |
| AMZN Amazon.com Inc. | 0.26% | 14,016 | $3.1M | Reduce -8.4% |
| DHR Danaher Corp. | 0.26% | 14,315 | $3.0M | Reduce -0.6% |
| NVDA Nvidia Corp. | 0.26% | 16,245 | $3.0M | Add +13.1% |
| NDAQ Nasdaq Inc. | 0.26% | 34,975 | $3.0M | Reduce -13.3% |
| GOOG Alphabet Inc. Class C | 0.25% | 12,125 | $3.0M | Reduce -2.6% |
| MP MP Materials Corp. | 0.25% | 43,400 | $2.9M | Reduce -37.0% |
| BIP Brookfield Infrastructure Pa | 0.24% | 83,926 | $2.8M | Reduce -0.1% |
| UL Unilever PLC | 0.23% | 46,607 | $2.7M | Add +1.7% |
| WCN Waste Connections Inc. | 0.20% | 13,356 | $2.3M | Reduce -1.9% |
| AVGO Broadcom Inc. | 0.20% | 6,953 | $2.3M | Reduce -5.4% |
| CCJ Cameco Corp. | 0.18% | 26,080 | $2.2M | Reduce -18.6% |
| GS Goldman Sachs Group Inc. | 0.18% | 2,675 | $2.1M | Reduce -27.2% |
| BLK BlackRock Inc. | 0.18% | 1,823 | $2.1M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 4,003 | $2.0M | Add +0.1% |
| UBER Uber Technologies Inc. | 0.17% | 20,632 | $2.0M | Reduce -12.9% |
| ILMN Illumina Inc. | 0.16% | 18,121 | $1.9M | Add +20.2% |
| VEA Vanguard Ftse Developed ETF | 0.16% | 30,557 | $1.8M | No change |
| BA The Boeing Co. | 0.16% | 8,525 | $1.8M | New |
| PFE Pfizer Inc. | 0.15% | 67,305 | $1.8M | Add +0.0% |
| GIB Cgi Inc. | 0.15% | 19,575 | $1.8M | Add +42.6% |
| BKNG Booking Holdings Inc. | 0.15% | 329 | $1.8M | Reduce -0.6% |
| BEP Brookfield Renewable Partner | 0.15% | 64,258 | $1.7M | Reduce -1.3% |
| SHOP Shopify Inc. Class A | 0.14% | 11,276 | $1.7M | Reduce -19.8% |
| BABA Alibaba Group Holding-SP ADR | 0.14% | 9,135 | $1.7M | New |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.13% | 37,350 | $1.5M | Add +28.1% |
| CP Canadian Pacific Kansas City | 0.13% | 20,338 | $1.5M | Add +3.6% |
Portfolio Sells Q2 2025 → Q3 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -49.9% | 1.92% | −1.82 |
| XHB SS SPDR S&P Homebldrs ETF | Reduce -96.3% | 0.02% | −0.50 |
| GDX Vaneck Gold Miners ETF | Reduce -89.8% | 0.08% | −0.45 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.41 |
| SIL Global X Silver Miners ETF | Sold out | 0.00% | −0.34 |
| DFEM Dimensional Emrg MRKT Core | Reduce -29.3% | 0.81% | −0.33 |
| SAP Sap SE-Sponsored ADR | Reduce -0.9% | 1.07% | −0.25 |
| KBWB Invesco KBW Bank ETF | Reduce -4.5% | 3.79% | −0.21 |
| FCX Freeport-McMoran Inc. | Reduce -65.8% | 0.08% | −0.20 |
| EMR Emerson Electric Co. | Reduce -0.2% | 1.46% | −0.19 |
| TU Telus Corp. | Reduce -5.0% | 1.06% | −0.18 |
| CNQ Canadian Natural Resources | Reduce -3.2% | 1.30% | −0.14 |
| BAM Brookfield Asset Mgmt-A | Reduce -1.8% | 1.46% | −0.12 |
| PROSHARES TR II | Reduce -30.0% | 0.06% | −0.09 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.09 |
| SLF Sun Life Financial Inc. | Reduce -2.9% | 0.75% | −0.09 |
| MSFT Microsoft Corp. | Reduce -0.2% | 2.83% | −0.09 |
| SBUX Starbucks Corp. | Reduce -0.7% | 0.38% | −0.08 |
| ETN Eaton Corp. PLC | Reduce -77.7% | 0.02% | −0.08 |
| NDAQ Nasdaq Inc. | Reduce -13.3% | 0.26% | −0.07 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.07 |
| ACN Accenture PLC Class A | Reduce -66.0% | 0.02% | −0.06 |
| WMT Walmart Inc. | Reduce -4.3% | 1.10% | −0.06 |
| LIN Linde PLC | Reduce -38.0% | 0.08% | −0.06 |
| WAT Waters Corp. | Sold out | 0.00% | −0.05 |
| GS Goldman Sachs Group Inc. | Reduce -27.2% | 0.18% | −0.05 |
| MCD McDonald's Corp. | Reduce -0.0% | 1.36% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -8.4% | 0.26% | −0.04 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.04 |
| NGG National Grid PLC-SP ADR | Reduce -0.7% | 1.02% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -12.9% | 0.17% | −0.04 |
| VRSK Verisk Analytics Inc. | Reduce -0.5% | 0.12% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -1.1% | 0.40% | −0.03 |
| BCE Bce Inc. | Reduce -2.5% | 0.31% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -5.8% | 0.38% | −0.03 |
| AXP American Express Co. | Reduce -1.2% | 0.76% | −0.03 |
| SU Suncor Energy Inc. | Reduce -1.9% | 0.93% | −0.03 |
| PEP Pepsico Inc. | Reduce -2.8% | 1.05% | −0.03 |
| DUK Duke Energy Corp. | Reduce -0.5% | 1.28% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -28.3% | 0.05% | −0.03 |
| WCN Waste Connections Inc. | Reduce -1.9% | 0.20% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.02 |
| CCJ Cameco Corp. | Reduce -18.6% | 0.18% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -0.6% | 0.15% | −0.02 |
| ARKG ARK Genomic Revolution ETF | Reduce -52.0% | 0.02% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -0.4% | 0.08% | −0.01 |
| EMA Emera Inc. | Reduce -0.4% | 0.72% | −0.01 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -12.2% | 0.06% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| RING iShares MSCI Global Gold Min | Add +913.8% | 2.60% | +2.42 |
| EWJV iShares MSCI Japan Value ETF | Add +933.4% | 1.40% | +1.27 |
| GOOGL Alphabet Inc. Class A | Add +1.9% | 1.09% | +0.27 |
| BA The Boeing Co. | New | 0.16% | +0.16 |
| BABA Alibaba Group Holding-SP ADR | New | 0.14% | +0.14 |
| OTEX Open Text Corp. | Add +2.2% | 0.67% | +0.13 |
| SNOW Snowflake Inc. | New | 0.12% | +0.12 |
| EXE Expand Energy Corp. | New | 0.12% | +0.12 |
| PANW Palo Alto Networks Inc. | New | 0.08% | +0.08 |
| BHP BHP Group Ltd.-Spon ADR | Add +12.3% | 0.51% | +0.08 |
| OKE Oneok Inc. | New | 0.07% | +0.07 |
| RCI Rogers Communications Inc. Class B | Add +3.9% | 1.09% | +0.06 |
| RTX RTX Corp. | Add +0.3% | 0.80% | +0.06 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +0.4% | 0.75% | +0.06 |
| CEF Sprott Physical Gold and Sil | Add +5.2% | 0.31% | +0.05 |
| MGA Magna International Inc. | Add +0.5% | 0.82% | +0.05 |
| NVDA Nvidia Corp. | Add +13.1% | 0.26% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +3.8% | 0.42% | +0.05 |
| TEM Tempus AI Inc. Class A | Add +28.9% | 0.10% | +0.05 |
| BN Brookfield Corp. | Add +0.6% | 1.69% | +0.04 |
| PBA Pembina Pipeline Corp. | Add +2.4% | 0.84% | +0.04 |
| HD Home Depot Inc. | Add +186.1% | 0.06% | +0.04 |
| TLT iShares 20+ Year Treasury BD | Add +82.5% | 0.08% | +0.04 |
| WPM Wheaton Precious Metals Corp. | Add +28.2% | 0.09% | +0.03 |
| ILMN Illumina Inc. | Add +20.2% | 0.16% | +0.02 |
| GIB Cgi Inc. | Add +42.6% | 0.15% | +0.02 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | New | 0.02% | +0.02 |
| BBU Brookfield Business PT-Unit | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| J Jacobs Solutions Inc. | New | 0.02% | +0.02 |
| HIG Hartford Insurance Group Inc. | New | 0.02% | +0.02 |
| GLD SPDR Gold Shares | New | 0.02% | +0.02 |
| AFL Aflac Inc. | Add +0.6% | 0.61% | +0.02 |
| NKE Nike Inc. Class B | Add +8.4% | 0.52% | +0.02 |
| EPRX Eupraxia Pharmaceuticals Inc. | New | 0.01% | +0.01 |
| CME Cme Group Inc. | Add +13.0% | 0.37% | +0.01 |
| META Meta Platforms Inc. Class A | Add +18.6% | 0.07% | +0.01 |
| V Visa Inc. Class A | Add +20.0% | 0.06% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +13.0% | 0.03% | +0.00 |
| COMB Graniteshares Bcom Broad STR | Add +6.4% | 0.10% | +0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +5.2% | 0.08% | +0.00 |
| DBA Invesco DB Agriculture Fund | Add +6.6% | 0.06% | +0.00 |
| BXP BXP Inc. | Add +2.0% | 0.03% | +0.00 |
| BIPC Brookfield Infrastructure-A | Add +8.2% | 0.03% | +0.00 |
| PFE Pfizer Inc. | Add +0.0% | 0.15% | +0.00 |
| BLK BlackRock Inc. | Add +0.3% | 0.18% | −0.00 |
| QSR Restaurant Brands Intern | Add +3.3% | 0.05% | −0.00 |
| LLY Eli Lilly & Co. | Add +0.3% | 0.28% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 0.17% | −0.00 |
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 |