Lorne Steinberg Wealth Management Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 28, 2026), Lorne Steinberg Wealth Management Inc. reported 72 stock positions worth $486.6 million. Its top holding was Royal Bank of Canada (RY) at 5.6% of the portfolio, followed by Alphabet Class A (GOOGL, 4.6%) and Toronto-Dominion Bank (TD, 4.1%). Compared with Q1 2026, it opened 8 new positions, sold out of 4, added to 50 and reduced 6. The biggest buy was a new position in Telus (TU) and the biggest sale an exit from Telus.
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, QUEBEC, Z4
- CIK
- 0001851362
- Portfolio Value
- $486.6M (Q2 2026)
- SEC Filing
- 0001851362-26-000003 ↗ filed Jul 28, 2026
Holdings Value
Holdings 72 stocks · $486.6M
| RY Royal Bank of Canada | 5.64% | 132,522 | $27.4M | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 4.57% | 62,224 | $22.2M | Add +1.4% |
| TD Toronto-Dominion Bank | 4.05% | 162,268 | $19.7M | Add +2.4% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 3.70% | 101,991 | $18.0M | Add +1.3% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 3.47% | 146,592 | $16.9M | Add +1.8% |
| TSM Taiwan Semiconductor-SP ADR | 2.98% | 30,414 | $14.5M | Add +2.6% |
| CNI Canadian Natl Railway Co. | 2.90% | 118,480 | $14.1M | Add +4.0% |
| TRP TC Energy Corp. | 2.85% | 209,505 | $13.9M | Add +3.0% |
| CP Canadian Pacific Kansas City | 2.77% | 155,599 | $13.5M | Add +8.8% |
| MSFT Microsoft Corp. | 2.76% | 35,992 | $13.4M | Add +3.3% |
| CSCO Cisco Systems Inc. | 2.70% | 111,793 | $13.1M | Add +0.7% |
| SLF Sun Life Financial Inc. | 2.69% | 166,933 | $13.1M | Add +8.6% |
| JPM JPMorgan Chase & Co. | 2.65% | 39,408 | $12.9M | Add +1.6% |
| AMZN Amazon.com Inc. | 2.53% | 51,701 | $12.3M | Add +10.7% |
| ALL Allstate Corp. | 2.52% | 51,440 | $12.2M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.38% | 23,177 | $11.6M | Add +1.6% |
| CVS CVS Health Corp. | 2.36% | 110,860 | $11.5M | Add +1.8% |
| AXP American Express Co. | 2.30% | 33,084 | $11.2M | Add +1.9% |
| MS Morgan Stanley | 2.22% | 51,656 | $10.8M | Add +1.2% |
| GS Goldman Sachs Group Inc. | 2.15% | 10,348 | $10.5M | Add +2.0% |
| EA Electronic Arts Inc. | 2.13% | 50,645 | $10.4M | Add +2.4% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 2.08% | 116,512 | $10.1M | Add +3.5% |
| V Visa Inc. Class A | 2.06% | 29,287 | $10.0M | Add +2.8% |
| JNJ Johnson & Johnson | 2.02% | 38,677 | $9.8M | Add +2.2% |
| CTVA Corteva Inc. | 1.91% | 109,725 | $9.3M | Add +1.7% |
| MFC Manulife Financial Corp. | 1.85% | 221,755 | $9.0M | Add +2.1% |
| SNN Smith & Nephew PLC -Spon ADR | 1.62% | 274,176 | $7.9M | Add +2.9% |
| BN Brookfield Corp. | 1.58% | 180,569 | $7.7M | Add +12.2% |
| SBUX Starbucks Corp. | 1.49% | 71,038 | $7.3M | Add +2.6% |
| NTR Nutrien Ltd. | 1.47% | 113,848 | $7.2M | Add +4.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.46% | 73,934 | $7.1M | Add +2.7% |
| ADBE Adobe Inc. | 1.40% | 33,200 | $6.8M | Add +3.8% |
| STT State Street Corp. | 1.38% | 39,695 | $6.7M | Add +2.1% |
| META Meta Platforms Inc. Class A | 1.18% | 10,190 | $5.7M | Add +2.2% |
| RCI Rogers Communications Inc. Class B | 1.16% | 172,908 | $5.6M | Add +4.1% |
| VTRS Viatris Inc. | 1.16% | 353,971 | $5.6M | Reduce -43.3% |
| MCD McDonald's Corp. | 1.14% | 20,470 | $5.5M | Add +104.3% |
| UL Unilever PLC-Sponsored ADR | 1.10% | 88,776 | $5.3M | Add +2.5% |
| DEO Diageo PLC-Sponsored ADR | 0.98% | 59,275 | $4.8M | Add +3.1% |
| CNQ Canadian Natural Resources | 0.98% | 120,238 | $4.8M | Add +4.0% |
| OTEX Open Text Corp. | 0.97% | 214,033 | $4.7M | Add +4.7% |
| AAPL Apple Inc. | 0.97% | 16,357 | $4.7M | Reduce -2.2% |
| BCE Bce Inc. | 0.87% | 196,535 | $4.2M | Add +2.8% |
| TU Telus Corp. | 0.86% | 393,951 | $4.2M | New |
| ADP Automatic Data Processing | 0.80% | 17,369 | $3.9M | Add +3.4% |
| KVUE Kenvue Inc. | 0.77% | 197,165 | $3.8M | Add +3.0% |
| LIN Linde PLC | 0.62% | 5,820 | $3.0M | New |
| TSCO Tractor Supply Company | 0.58% | 89,342 | $2.8M | Add +2.6% |
| KMB Kimberly-Clark Corp. | 0.58% | 25,648 | $2.8M | Add +3.9% |
| NKE Nike Inc. Class B | 0.32% | 37,601 | $1.5M | Add +2.9% |
| URTH iShares MSCI World ETF | 0.31% | 7,337 | $1.5M | Add +10.5% |
| GOOG Alphabet Inc. Class C | 0.23% | 3,223 | $1.1M | No change |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.17% | 10,215 | $817K | Reduce -59.3% |
| LLY Eli Lilly & Co. | 0.15% | 629 | $754K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 1 | $749K | No change |
| GLW Corning Inc. | 0.13% | 2,500 | $639K | No change |
| EWC iShares MSCI Canada ETF | 0.12% | 10,378 | $598K | Reduce -3.9% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.10% | 248 | $493K | New |
| COST Costco Wholesale Corp. | 0.10% | 501 | $469K | Add +4.6% |
| WMT Walmart Inc. | 0.09% | 3,736 | $423K | Add +16.0% |
| MRK Merck & Co. Inc. | 0.08% | 3,023 | $388K | No change |
| NVDA Nvidia Corp. | 0.07% | 1,792 | $359K | Add +19.3% |
| AMGN Amgen Inc. | 0.07% | 925 | $335K | No change |
| JNK SS SPDR BB High Yield Bond | 0.07% | 3,440 | $332K | Reduce -73.0% |
| ING ING Groep N.V.-Sponsored ADR | 0.07% | 10,250 | $322K | No change |
| HUM Humana Inc. | 0.07% | 800 | $318K | New |
| RCL Royal Caribbean Cruises Ltd. | 0.07% | 1,000 | $318K | No change |
| PG The Procter & Gamble Co. | 0.06% | 2,109 | $309K | Reduce -0.7% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.06% | 3,339 | $278K | New |
| FTS Fortis Inc. | 0.05% | 4,656 | $267K | New |
| CAT Caterpillar Inc. | 0.05% | 250 | $266K | New |
| BAC Bank of America Corp. | 0.04% | 3,641 | $207K | New |
Portfolio Sells Q1 2026 → Q2 2026
| Telus Corp. | Sold out | 0.00% | −1.17 |
| VTRS Viatris Inc. | Reduce -43.3% | 1.16% | −0.84 |
| MIDD Middleby Corp. | Sold out | 0.00% | −0.74 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -59.3% | 0.17% | −0.30 |
| JNK SS SPDR BB High Yield Bond | Reduce -73.0% | 0.07% | −0.22 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.06 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.06 |
| AAPL Apple Inc. | Reduce -2.2% | 0.97% | −0.03 |
| EWC iShares MSCI Canada ETF | Reduce -3.9% | 0.12% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 0.06% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| TU Telus Corp. | New | 0.86% | +0.86 |
| CSCO Cisco Systems Inc. | Add +0.7% | 2.70% | +0.66 |
| RY Royal Bank of Canada | Add +1.6% | 5.64% | +0.64 |
| LIN Linde PLC | New | 0.62% | +0.62 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.6% | 2.98% | +0.61 |
| TD Toronto-Dominion Bank | Add +2.4% | 4.05% | +0.55 |
| CVS CVS Health Corp. | Add +1.8% | 2.36% | +0.50 |
| BMO Bank of Montreal | Add +1.3% | 3.70% | +0.47 |
| SLF Sun Life Financial Inc. | Add +8.6% | 2.69% | +0.41 |
| MCD McDonald's Corp. | Add +104.3% | 1.14% | +0.40 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 4.57% | +0.39 |
| CM Can Imperial BK of Commerce | Add +1.8% | 3.47% | +0.24 |
| BNS Bank of Nova Scotia | Add +3.5% | 2.08% | +0.23 |
| MS Morgan Stanley | Add +1.2% | 2.22% | +0.23 |
| AMZN Amazon.com Inc. | Add +10.7% | 2.53% | +0.23 |
| STT State Street Corp. | Add +2.1% | 1.38% | +0.22 |
| CNI Canadian Natl Railway Co. | Add +4.0% | 2.90% | +0.13 |
| GS Goldman Sachs Group Inc. | Add +2.0% | 2.15% | +0.12 |
| CP Canadian Pacific Kansas City | Add +8.8% | 2.77% | +0.10 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.10% | +0.10 |
| MFC Manulife Financial Corp. | Add +2.1% | 1.85% | +0.08 |
| HUM Humana Inc. | New | 0.07% | +0.07 |
| BHP BHP Group Ltd.-Spon ADR | New | 0.06% | +0.06 |
| FTS Fortis Inc. | New | 0.05% | +0.05 |
| CAT Caterpillar Inc. | New | 0.05% | +0.05 |
| BAC Bank of America Corp. | New | 0.04% | +0.04 |
| BN Brookfield Corp. | Add +12.2% | 1.58% | +0.04 |
| V Visa Inc. Class A | Add +2.8% | 2.06% | +0.03 |
| URTH iShares MSCI World ETF | Add +10.5% | 0.31% | +0.02 |
| SBUX Starbucks Corp. | Add +2.6% | 1.49% | +0.02 |
| ALL Allstate Corp. | Add +1.3% | 2.52% | +0.02 |
| KMB Kimberly-Clark Corp. | Add +3.9% | 0.58% | +0.01 |
| NVDA Nvidia Corp. | Add +19.3% | 0.07% | +0.01 |
| KVUE Kenvue Inc. | Add +3.0% | 0.77% | −0.01 |
| WMT Walmart Inc. | Add +16.0% | 0.09% | −0.01 |
| ADP Automatic Data Processing | Add +3.4% | 0.80% | −0.01 |
| COST Costco Wholesale Corp. | Add +4.6% | 0.10% | −0.02 |
| AXP American Express Co. | Add +1.9% | 2.30% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Add +3.1% | 0.98% | −0.04 |
| JPM JPMorgan Chase & Co. | Add +1.6% | 2.65% | −0.05 |
| UL Unilever PLC-Sponsored ADR | Add +2.5% | 1.10% | −0.07 |
| OTEX Open Text Corp. | Add +4.7% | 0.97% | −0.11 |
| NKE Nike Inc. Class B | Add +2.9% | 0.32% | −0.14 |
| TRP TC Energy Corp. | Add +3.0% | 2.85% | −0.17 |
| META Meta Platforms Inc. Class A | Add +2.2% | 1.18% | −0.17 |
| JNJ Johnson & Johnson | Add +2.2% | 2.02% | −0.17 |
| DIS The Walt Disney Co. | Add +2.7% | 1.46% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.6% | 2.38% | −0.21 |
| CTVA Corteva Inc. | Add +1.7% | 1.91% | −0.23 |
| EA Electronic Arts Inc. | Add +2.4% | 2.13% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 72 | $486.6M | RY, GOOGL, TD, BMO, CM |
| Q1 2026 | 68 | $422.1M | RY, GOOGL, TD, CM, BMO |
| Q4 2025 | 72 | $434.9M | RY, GOOGL, CM, TD, MSFT |
| Q3 2025 | 70 | $415.0M | RY, GOOGL, CM, MSFT, BMO |
| Q2 2025 | 70 | $382.9M | RY, MSFT, CM, BRK.B, JPM |
| Q1 2025 | 70 | $343.1M | RY, BRK.B, META, ALL, MSFT |
| Q4 2024 | 70 | $344.9M | RY, META, MSFT, GOOGL, BRK.B |
| Q3 2024 | 69 | $345.9M | RY, MSFT, META, BRK.B, GOOGL |
| Q2 2024 | 68 | $310.7M | MSFT, GOOGL, RY, META, BRK.B |
| Q1 2024 | 69 | $320.3M | MSFT, RY, META, BRK.B, GOOGL |