Northwest & Ethical Investments L.P.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Northwest & Ethical Investments L.P. reported 484 stock positions worth $4.4 billion. Its top holding was Microsoft (MSFT) at 4.9% of the portfolio, followed by Avantis Reps Intern Equi ETF (AVSD, 3.3%) and Nvidia (NVDA, 3.2%). Compared with Q3 2025, it opened 48 new positions, sold out of 45, added to 176 and reduced 235. The biggest buy was a new position in Avantis Reps Intern Equi ETF (AVSD) and the biggest sale Microsoft (MSFT, shares −8%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0002033536
Portfolio Value
$4.4B (Q4 2025)
SEC Filing
0002033536-26-000004 ↗ filed Feb 17, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $3.5B Q1 2024 Q2 2024: $3.5B Q2 2024 Q3 2024: $3.8B Q3 2024 Q4 2024: $3.7B Q4 2024 Q1 2025: $3.7B Q1 2025 Q2 2025: $4.0B Q2 2025 Q3 2025: $4.2B Q3 2025 Q4 2025: $4.4B $4.4B Q4 2025 Q1 2026: $4.3B Q1 2026 Q2 2026: $4.3B Q2 2026

Holdings 484 stocks · $4.4B

MSFT Microsoft Corp. 4.86% 446,325 $215.9M Reduce -7.8%
AVSD Avantis Reps Intern Equi ETF 3.31% 1,981,400 $147.1M New
NVDA Nvidia Corp. 3.22% 765,684 $142.8M Add +2.9%
NULG Nuveen ESG LRG-Cap GRW ETF 2.90% 1,315,300 $128.6M New
AAPL Apple Inc. 2.38% 388,946 $105.8M Reduce -7.3%
GOOG Alphabet Inc. Class C 2.13% 301,890 $94.7M Add +4.0%
RY Royal Bank of Canada 1.94% 505,802 $86.3M Reduce -0.9%
AMZN Amazon.com Inc. 1.68% 322,715 $74.5M Reduce -0.7%
TD Toronto-Dominion Bank 1.52% 717,434 $67.7M Add +2.4%
AVGO Broadcom Inc. 1.50% 192,644 $66.7M Reduce -1.5%
QQQ Invesco QQQ Trust Series 1 1.40% 101,500 $62.4M New
A Agilent Technologies Inc. 1.28% 417,490 $56.8M Reduce -6.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.22% 79,500 $54.2M Add +64.3%
LIN Linde PLC 1.14% 119,096 $50.8M Reduce -2.2%
V Visa Inc. Class A 1.07% 135,442 $47.5M Add +8.1%
CNI Canadian Natl Railway Co. 0.96% 430,970 $42.6M Add +12.4%
GILD Gilead Sciences Inc. 0.91% 328,207 $40.3M Add +2.9%
ENB Enbridge Inc. 0.88% 815,177 $39.0M Reduce -0.2%
SHOP Shopify Inc. Class A 0.87% 238,858 $38.6M Add +24.4%
GOOGL Alphabet Inc. Class A 0.87% 122,844 $38.5M Reduce -28.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.85% 687,919 $37.8M Reduce -4.5%
UNP Union Pacific Corp. 0.85% 162,404 $37.6M Reduce -7.0%
CP Canadian Pacific Kansas City 0.83% 499,901 $36.9M Add +6.7%
LLY Eli Lilly & Co. 0.80% 33,130 $35.6M Add +0.3%
MA Mastercard Inc. Class A 0.80% 62,156 $35.5M Add +14.2%
CSCO Cisco Systems Inc. 0.78% 452,048 $34.8M Add +33.8%
MRK Merck & Co. Inc. 0.78% 328,648 $34.6M Add +7.9%
RNR Renaissancere Holdings Ltd. 0.76% 119,774 $33.7M Reduce -7.8%
BN Brookfield Corp. 0.75% 727,673 $33.4M Add +3.8%
TSM Taiwan Semiconductor-SP ADR 0.75% 109,104 $33.1M Reduce -1.5%
MCK McKesson Corp. 0.72% 38,872 $31.9M Reduce -7.7%
INTU Intuit Inc. 0.72% 48,018 $31.8M Reduce -8.8%
WM Waste Management Inc. 0.71% 144,102 $31.7M Reduce -7.8%
AMAT Applied Materials Inc. 0.70% 121,815 $31.3M Reduce -21.4%
ABBV Abbvie Inc. 0.70% 136,705 $31.2M Reduce -5.8%
GIB Cgi Inc. 0.70% 337,056 $31.1M Reduce -9.3%
HUBB Hubbell Inc. 0.68% 67,945 $30.2M Reduce -7.5%
FNV Franco-Nevada Corp. 0.68% 144,606 $30.0M Reduce -6.3%
EBAY eBay Inc. 0.66% 338,069 $29.4M Add +20.8%
ZTS Zoetis Inc. 0.65% 230,453 $29.0M Reduce -8.8%
XYL Xylem Inc. 0.64% 208,975 $28.5M Reduce -7.8%
SLF Sun Life Financial Inc. 0.62% 442,833 $27.6M Reduce -17.8%
META Meta Platforms Inc. Class A 0.62% 41,681 $27.5M Reduce -30.1%
JPM JPMorgan Chase & Co. 0.61% 84,617 $27.3M Reduce -9.0%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.61% 367,609 $27.1M Add +6.4%
SNPS Synopsys Inc. 0.60% 56,283 $26.4M Reduce -9.8%
VLTO Veralto Corp. 0.59% 261,811 $26.1M Reduce -14.0%
MRVL Marvell Technology Inc. 0.56% 293,651 $25.0M Reduce -7.8%
NOW ServiceNow Inc. 0.55% 159,352 $24.4M Reduce -5.4%
SPGI S&P Global Inc. 0.55% 46,316 $24.2M Add +53.5%
AEP American Electric Power 0.54% 208,799 $24.1M Reduce -1.5%
RSG Republic Services Inc. 0.52% 109,225 $23.1M Reduce -1.8%
MGA Magna International Inc. 0.52% 433,643 $23.1M Reduce -2.8%
CNQ Canadian Natural Resources 0.51% 667,850 $22.6M Reduce -8.8%
RCI Rogers Communications Inc. Class B 0.51% 598,589 $22.6M Reduce -10.3%
STN Stantec Inc. 0.50% 236,635 $22.3M Add +22.5%
APTV Aptiv PLC 0.50% 291,328 $22.2M Reduce -27.5%
NEE Nextera Energy Inc. 0.50% 275,667 $22.1M Add +181.4%
FTS Fortis Inc. 0.49% 419,102 $21.8M Reduce -9.0%
SUNC Sunococorp LLC 0.47% 427,421 $21.1M New
AZO AutoZone Inc. 0.47% 6,191 $21.0M Reduce -8.6%
ADI Analog Devices Inc. 0.45% 73,125 $19.8M Reduce -6.5%
TFII Tfi International Inc. 0.44% 189,617 $19.6M Reduce -7.6%
CL Colgate-Palmolive Co. 0.44% 247,606 $19.6M Add +37.6%
TRV The Travelers Cos Inc. 0.44% 66,935 $19.4M Reduce -3.7%
CARR Carrier Global Corp. 0.43% 363,968 $19.2M Reduce -7.8%
NFLX Netflix Inc. 0.43% 203,555 $19.1M Reduce -2.4%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.43% 146,858 $19.1M Add +3.3%
TRP TC Energy Corp. 0.43% 344,536 $19.1M Add +15.7%
CBOE Cboe Global Markets Inc. 0.43% 75,852 $19.0M Reduce -3.4%
AEE Ameren Corporation 0.42% 188,068 $18.8M Reduce -4.7%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.42% 205,685 $18.7M Reduce -6.8%
IEX Idex Corp. 0.42% 104,652 $18.6M Reduce -7.8%
MDT Medtronic PLC 0.41% 187,312 $18.0M Add +424.5%
AEM Agnico Eagle Mines Ltd. 0.41% 105,854 $18.0M Add +6.5%
AOS Smith (a.o.) Corp. 0.40% 267,047 $17.9M Reduce -7.8%
RBA RB Global Inc. 0.40% 170,565 $17.6M Reduce -0.2%
EMA Emera Inc. 0.39% 354,955 $17.5M Reduce -10.6%
TEL Te Connectivity PLC 0.39% 76,481 $17.4M Reduce -7.8%
YUM Yum! Brands Inc. 0.36% 106,265 $16.1M Add +19.7%
UNH Unitedhealth Group Inc. 0.36% 48,626 $16.1M Reduce -20.4%
TMO Thermo Fisher Scientific Inc. 0.36% 27,512 $15.9M Reduce -2.5%
ADSK Autodesk Inc. 0.36% 53,464 $15.8M Reduce -1.2%
MFC Manulife Financial Corp. 0.35% 432,219 $15.7M Add +4.0%
WAT Waters Corp. 0.35% 41,223 $15.7M Reduce -6.8%
VZ Verizon Communications Inc. 0.35% 380,988 $15.5M Add +3.2%
BKNG Booking Holdings Inc. 0.35% 2,867 $15.4M Reduce -29.4%
SHEL Shell PLC-ADR 0.34% 205,606 $15.1M Reduce -10.1%
DOO BRP Inc./Ca- Sub Voting 0.34% 213,427 $15.1M Reduce -8.6%
PNR Pentair PLC 0.34% 144,280 $15.0M Reduce -7.8%
AVSE Avantis Resp Emerg MKTS Eq-E 0.33% 223,750 $14.5M No change
PG The Procter & Gamble Co. 0.32% 100,332 $14.4M Add +1.9%
TXN Texas Instruments Inc. 0.32% 81,559 $14.1M Reduce -12.1%
SSNC Ss&c Technologies Holdings 0.32% 160,332 $14.0M Add +5.1%
BNDX Vanguard Total Intl Bond ETF 0.30% 276,910 $13.4M Reduce -50.1%
MSI Motorola Solutions Inc. 0.30% 34,440 $13.2M Add +45.8%
ITRI Itron Inc. 0.29% 136,455 $12.7M Reduce -6.7%
MRSH Marsh & McLennan Cos 0.28% 67,927 $12.6M Reduce -19.8%
RELX Relx PLC - Spon ADR 0.28% 303,144 $12.3M Reduce -4.3%
SU Suncor Energy Inc. 0.27% 270,565 $12.0M Add +10.1%
KO The Coca-Cola Co. 0.27% 170,303 $11.9M Reduce -27.3%
NYT New York Times Co. Class A 0.27% 171,274 $11.9M Reduce -23.8%
WPM Wheaton Precious Metals Corp. 0.26% 99,388 $11.7M Add +32.2%
NTR Nutrien Ltd. 0.26% 187,845 $11.6M Add +16.0%
JNJ Johnson & Johnson 0.26% 55,376 $11.5M Reduce -1.3%
MTB M & T Bank Corp. filed as M & T BK CORP 0.26% 56,469 $11.4M Add +6.8%
BCE Bce Inc. 0.25% 472,006 $11.2M Add +16.7%
ORLY O'reilly Automotive Inc. 0.25% 121,506 $11.1M Add +20.0%
MELI MercadoLibre Inc. 0.25% 5,501 $11.1M Reduce -6.7%
PBA Pembina Pipeline Corp. 0.24% 275,611 $10.5M Add +19.5%
ADP Automatic Data Processing 0.23% 40,280 $10.4M Reduce -33.0%
PFE Pfizer Inc. 0.23% 416,062 $10.4M Reduce -26.3%
EXC Exelon Corp. 0.23% 234,907 $10.2M Reduce -13.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.23% 65,405 $10.1M Reduce -0.1%
AXP American Express Co. 0.22% 26,945 $10.0M Reduce -17.9%
TT Trane Technologies PLC 0.21% 24,423 $9.5M Reduce -5.4%
WCN Waste Connections Inc. 0.21% 52,060 $9.2M Add +17.8%
TU Telus Corp. 0.21% 692,158 $9.1M Reduce -4.4%
WTW Willis Towers Watson PLC 0.20% 27,618 $9.1M Reduce -6.2%
AMT American Tower Corp. 0.20% 51,528 $9.0M Add +5.8%
B Barrick Mining Corp. 0.20% 205,821 $9.0M Add +6.5%
AAON Aaon Inc. 0.20% 118,021 $9.0M New
KR Kroger Co. 0.20% 141,783 $8.9M Add +124.6%
HD Home Depot Inc. 0.20% 25,311 $8.7M Reduce -14.5%
CME Cme Group Inc. 0.20% 31,776 $8.7M Add +3.6%
PEP Pepsico Inc. 0.19% 59,961 $8.6M Add +4.5%
C Citigroup Inc. 0.19% 73,397 $8.6M Reduce -1.7%
ETN Eaton Corp. PLC 0.19% 26,821 $8.5M Add +8.0%
CVE Cenovus Energy Inc. 0.19% 500,366 $8.5M Add +2.7%
IMO Imperial Oil Ltd. 0.19% 97,772 $8.4M Reduce -8.4%
QCOM Qualcomm Inc. 0.19% 48,098 $8.2M Reduce -48.1%
OTEX Open Text Corp. 0.19% 252,358 $8.2M Add +1.9%
BSX Boston Scientific Corp. 0.18% 85,152 $8.1M Add +6.3%
NICE Nice Ltd. - Spon ADR 0.18% 71,441 $8.1M Reduce -6.0%
ABT Abbott Laboratories 0.18% 62,948 $7.9M Add +16.6%
XOM Exxon Mobil Corp. 0.18% 65,455 $7.9M No change
THG Hanover Insurance Group Inc./ 0.17% 42,352 $7.7M Reduce -3.8%
BAM Brookfield Asset Mgmt-A 0.17% 145,372 $7.6M Reduce -2.7%
CAE Cae Inc. 0.17% 248,024 $7.5M Add +47.5%
ISRG Intuitive Surgical Inc. 0.17% 13,045 $7.4M Reduce -7.4%
ROP Roper Technologies Inc. 0.16% 15,940 $7.1M Reduce -34.6%
IGRO iShares Intl Div Growth ETF 0.16% 85,602 $7.1M Reduce -9.7%
MNST Monster Beverage Corp. 0.16% 92,271 $7.1M Reduce -8.0%
CB Chubb Ltd. 0.16% 22,614 $7.1M Add +13.7%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 13,906 $7.0M Reduce -34.2%
ROK Rockwell Automation Inc. 0.16% 17,722 $6.9M Add +7.5%
QSR Restaurant Brands Intern 0.16% 100,972 $6.9M Reduce -0.2%
PANW Palo Alto Networks Inc. 0.15% 36,654 $6.8M Reduce -4.9%
GIS General Mills Inc. 0.14% 133,351 $6.2M Reduce -2.1%
BEP Brookfield Renewable Partner 0.14% 224,844 $6.1M Add +74.7%
G Genpact Ltd. 0.13% 127,862 $6.0M Reduce -32.9%
CLS Celestica Inc. 0.13% 20,025 $6.0M Reduce -14.0%
GIL Gildan Activewear Inc. 0.13% 95,160 $6.0M Add +13.9%
ROST Ross Stores Inc. 0.13% 32,770 $5.9M Add +13.7%
UPS United Parcel Service Class B 0.13% 59,333 $5.9M Add +0.1%
CTSH Cognizant Tech Solutions-A 0.13% 70,851 $5.9M Add +7.7%
TECK Teck Resources Ltd.-CLS B 0.13% 121,487 $5.8M Reduce -7.0%
AQN Algonquin Power & Utilities 0.13% 935,263 $5.8M Reduce -20.1%
IAG Iamgold Corp. 0.13% 343,605 $5.7M Add +0.4%
AFG American Financial Group Inc. 0.13% 41,633 $5.7M No change
CCJ Cameco Corp. 0.13% 61,427 $5.6M Add +59.1%
EA Electronic Arts Inc. 0.13% 27,479 $5.6M Add +6.5%
AMP Ameriprise Financial Inc. 0.12% 11,169 $5.5M Reduce -6.0%
FAST Fastenal Co. 0.12% 134,573 $5.4M Reduce -1.6%
KGC Kinross Gold Corp. 0.12% 189,615 $5.3M Add +49.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 46,203 $5.3M Reduce -1.8%
CDP Copt Defense Properties 0.12% 188,377 $5.2M Add +0.2%
EG Everest Group Ltd. 0.12% 15,424 $5.2M Add +2.1%
CWEN Clearway Energy Inc. Class C 0.12% 156,368 $5.2M Reduce -48.5%
RNW Renew Energy Global PLC-A 0.11% 895,566 $5.1M Reduce -32.7%
VRTX Vertex Pharmaceuticals Inc. 0.11% 11,104 $5.0M Reduce -27.5%
CPRT Copart Inc. 0.11% 128,295 $5.0M Add +0.2%
TRI Thomson Reuters Corp. 0.11% 37,728 $5.0M Add +5.0%
EXR Extra Space Storage Inc. 0.11% 37,800 $4.9M No change
CI The Cigna Group 0.11% 17,833 $4.9M Reduce -11.7%
ADT Adt Inc. 0.11% 607,180 $4.9M No change
LOW Lowe's Cos Inc. 0.11% 19,848 $4.8M Reduce -37.6%
WY Weyerhaeuser Co. 0.11% 200,967 $4.8M Reduce -2.2%
ED Consolidated Edison Inc. 0.11% 47,912 $4.8M Add +7.1%
BGSI Boyd Group Services Inc. 0.11% 29,766 $4.8M New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.11% 282,633 $4.7M No change
VTR Ventas Inc. 0.10% 59,101 $4.6M Add +16.3%
BIP Brookfield Infrastructure Pa 0.10% 131,580 $4.6M Reduce -5.2%
D Dominion Energy Inc. 0.10% 77,847 $4.6M Reduce -44.3%
COF Capital One Financial Corp. 0.10% 18,775 $4.6M Reduce -39.8%
CSX CSX Corp. 0.10% 125,781 $4.6M Reduce -37.6%
UGI Ugi Corp. 0.10% 121,037 $4.5M Reduce -18.4%
CRH CRH PLC 0.10% 36,183 $4.5M Reduce -1.4%
CIGI Colliers Intl GR-Subord Vot 0.10% 30,066 $4.4M Add +17.5%
HBM Hudbay Minerals Inc. 0.10% 220,135 $4.4M Reduce -30.2%
CTAS Cintas Corp. 0.10% 22,672 $4.3M Add +7.6%
RGA Reinsurance Group of America 0.10% 20,872 $4.2M Reduce -23.3%
ELV Elevance Health Inc. 0.10% 12,074 $4.2M Reduce -32.4%
CEG Constellation Energy 0.09% 11,932 $4.2M Reduce -51.0%
PRU Prudential Financial Inc. 0.09% 36,888 $4.2M Reduce -6.1%
PGR Progressive Corp. 0.09% 18,166 $4.1M Add +86.3%
HPQ HP Inc. 0.09% 185,404 $4.1M Reduce -20.0%
PNFP Pinnacle Financial Partners 0.09% 43,125 $4.1M Add +25.6%
AVA Avista Corp. 0.09% 106,431 $4.1M Reduce -38.1%
FDX FedEx Corp. 0.09% 14,170 $4.1M Reduce -6.6%
VOYA Voya Financial Inc. 0.09% 54,835 $4.1M Add +56.1%
FBIN Fortune Brands Innovations I 0.09% 81,298 $4.1M Reduce -4.8%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.09% 22,392 $4.0M Reduce -5.2%
EMR Emerson Electric Co. 0.09% 30,071 $4.0M Reduce -37.5%
T AT&T Inc. 0.09% 158,913 $3.9M Add +3.8%
ALV Autoliv Inc. 0.09% 32,488 $3.9M Add +27.5%
DSGX The Descartes Systems Grp 0.09% 43,958 $3.9M Add +18.6%
STX Seagate Technology Holdings 0.09% 13,950 $3.8M New
COR Cencora Inc. 0.09% 11,172 $3.8M Add +24.0%
PEG Public Service Enterprise GP 0.08% 46,857 $3.8M Reduce -35.0%
ONON On Holding AG Class A filed as ON HLDG AG 0.08% 80,221 $3.7M Add +62.3%
PAAS Pan American Silver Corp. 0.08% 71,536 $3.7M Add +45.3%
RCL Royal Caribbean Cruises Ltd. 0.08% 13,275 $3.7M Add +15.3%
MMM 3M Co. 0.08% 22,891 $3.7M Add +7.9%
HDB HDFC Bank Ltd.-ADR 0.08% 99,602 $3.6M Add +27.5%
COST Costco Wholesale Corp. 0.08% 4,183 $3.6M Reduce -11.6%
LRCX Lam Research Corp. 0.08% 20,661 $3.5M Reduce -37.9%
ILMN Illumina Inc. 0.08% 26,826 $3.5M Reduce -35.4%
IBN Icici Bank Ltd.-Spon ADR 0.08% 117,250 $3.5M Reduce -6.8%
ES Eversource Energy 0.08% 50,715 $3.4M Add +7.2%
CRWD CrowdStrike Holdings Inc. Class A 0.08% 7,253 $3.4M Add +84.0%
AWK American Water Works Co. Inc. 0.08% 25,985 $3.4M Add +4.9%
HSY The Hershey Co. 0.07% 18,283 $3.3M Add +9.0%
TMUS T-Mobile US Inc. 0.07% 16,206 $3.3M New
KVUE Kenvue Inc. 0.07% 187,853 $3.2M Add +23.2%
ORA Ormat Technologies Inc. 0.07% 29,110 $3.2M Reduce -47.5%
BFAM Bright Horizons Family Solut 0.07% 31,692 $3.2M Add +75.3%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.07% 31,133 $3.2M Add +8.8%
RMD Resmed Inc. 0.07% 13,217 $3.2M Add +4.5%
EW Edwards Lifesciences Corp. 0.07% 36,637 $3.1M Reduce -31.1%
HCA HCA Healthcare Inc. 0.07% 6,670 $3.1M Reduce -54.3%
GLD SPDR Gold Shares 0.07% 7,830 $3.1M No change
KHC The Kraft Heinz Co. 0.07% 123,731 $3.0M Add +7.2%
UTHR United Therapeutics Corp. 0.06% 5,655 $2.8M Add +4.4%
CHD Church & Dwight Co. Inc. 0.06% 32,717 $2.7M Add +5.7%
WST West Pharmaceutical Services 0.06% 9,728 $2.7M Add +3.6%
BSY Bentley Systems Inc. Class B 0.06% 69,676 $2.7M Add +26.9%
AGI Alamos Gold Inc. Class A 0.06% 68,269 $2.6M Add +38.5%
NEM Newmont Corp. 0.06% 26,293 $2.6M Reduce -65.0%
EFXT Enerflex Ltd. 0.06% 164,459 $2.5M Reduce -10.8%
WAB Wabtec Corp. 0.06% 11,573 $2.5M Reduce -32.6%
NRC NRC Health filed as NATIONAL RESH CORP 0.05% 129,200 $2.4M No change
TYL Tyler Technologies Inc. 0.05% 5,176 $2.3M New
SNA Snap-on Inc. 0.05% 6,812 $2.3M Add +2.3%
ITUB Itau Unibanco H-Spon PRF ADR 0.05% 306,532 $2.2M Add +38.4%
ITW Illinois Tool Works 0.05% 8,881 $2.2M Reduce -1.1%
HOLX Hologic Inc. 0.05% 29,020 $2.2M Add +2.3%
RUN Sunrun Inc. 0.05% 115,916 $2.1M Reduce -34.3%
FFIV F5 Inc. 0.05% 8,300 $2.1M Reduce -36.5%
AFL Aflac Inc. 0.05% 18,967 $2.1M Add +2.7%
CVS CVS Health Corp. 0.05% 26,311 $2.1M Add +3.0%
TBBB BBB Foods Inc. Class A 0.05% 62,449 $2.1M No change
RS Reliance Inc. 0.05% 7,005 $2.0M Add +6.5%
MDLZ Mondelez International Inc. Class A 0.05% 37,237 $2.0M Add +7.2%
IDXX Idexx Laboratories Inc. 0.05% 2,961 $2.0M Add +3.6%
BMY Bristol-Myers Squibb Co. 0.04% 35,242 $1.9M Reduce -66.7%
SPOT Spotify Technology SA 0.04% 3,264 $1.9M Reduce -28.6%
TCOM Trip.com Group Ltd.-ADR 0.04% 26,077 $1.9M Reduce -13.7%
PAYX Paychex Inc. 0.04% 16,522 $1.9M Add +6.8%
RPRX Royalty Pharma PLC Class A 0.04% 47,690 $1.8M Add +2.8%
SSRM SSR Mining Inc. 0.04% 83,966 $1.8M Reduce -48.7%
WFG West Fraser Timber Co. Ltd. 0.04% 30,069 $1.8M Add +7.5%
NLY Annaly Capital Management Inc. 0.04% 82,016 $1.8M Add +9.1%
TREX Trex Company Inc. 0.04% 51,966 $1.8M Reduce -0.9%
IR Ingersoll-Rand Inc. 0.04% 22,967 $1.8M Reduce -9.9%
AG First Majestic Silver Corp. 0.04% 106,415 $1.8M Reduce -8.1%
EQX Equinox Gold Corp. 0.04% 126,109 $1.8M Add +58.7%
VMC Vulcan Materials Co. 0.04% 6,021 $1.7M Add +7.6%
WMT Walmart Inc. 0.04% 14,869 $1.7M Reduce -13.7%
NGD New Gold Inc. 0.04% 186,821 $1.6M Reduce -16.9%
KRE SS SPDR S&P Regional Bank 0.04% 24,525 $1.6M Reduce -35.9%
STT State Street Corp. 0.04% 12,185 $1.6M Add +9.5%
WSO Watsco Inc. 0.03% 4,555 $1.5M Add +2.7%
MS Morgan Stanley 0.03% 8,506 $1.5M Reduce -4.4%
CHKP Check Point Software Tech 0.03% 8,119 $1.5M New
RKT Rocket Cos Inc. Class A 0.03% 74,145 $1.5M Reduce -17.3%
ATR Aptargroup Inc. 0.03% 12,049 $1.5M Add +6.2%
TTEK Tetra Tech Inc. 0.03% 43,068 $1.4M Reduce -40.8%
DUOL Duolingo 0.03% 8,219 $1.4M Add +69.0%
KKR KKR & Co. Inc. 0.03% 11,162 $1.4M Reduce -16.6%
CGAU Centerra Gold Inc. 0.03% 98,979 $1.4M Add +13.0%
TPG TPG Inc. 0.03% 22,103 $1.4M Reduce -9.8%
MLI Mueller Industries Inc. 0.03% 11,903 $1.4M Reduce -9.8%
APP AppLovin Corp. Class A 0.03% 2,035 $1.4M Add +6.0%
ERO Ero Copper Corp. 0.03% 48,293 $1.4M Reduce -3.0%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.03% 13,738 $1.3M Add +4.7%
WTRG Essential Utilities Inc. 0.03% 34,524 $1.3M Add +5.8%
PDS Precision Drilling Corp. 0.03% 18,342 $1.3M Add +28.1%
SCHW Schwab (charles) Corp. 0.03% 13,101 $1.3M Reduce -29.3%
ANET Arista Networks Inc. 0.03% 9,946 $1.3M Reduce -37.8%
URI United Rentals Inc. 0.03% 1,569 $1.3M Reduce -9.8%
WMS Advanced Drainage Systems Inc. 0.03% 8,787 $1.3M Reduce -40.0%
MAS Masco Corp. 0.03% 19,698 $1.3M New
BTG B2GOLD Corp. 0.03% 269,210 $1.2M Add +83.7%
MDB Mongodb Inc. 0.03% 2,850 $1.2M Reduce -48.5%
TSCO Tractor Supply Company 0.03% 23,878 $1.2M Reduce -2.0%
POOL Pool Corp. 0.03% 5,095 $1.2M Add +7.0%
SNOW Snowflake Inc. 0.03% 5,205 $1.2M Reduce -9.8%
EGO Eldorado Gold Corp. 0.03% 31,735 $1.1M Add +51.3%
DGX Quest Diagnostics Inc. 0.03% 6,549 $1.1M Add +6.7%
MSA Msa Safety Inc. 0.03% 6,975 $1.1M Reduce -38.7%
TAP Molson Coors Beverage Co. Class B 0.03% 23,840 $1.1M Add +4.0%
MEOH Methanex Corp. 0.03% 27,779 $1.1M Add +364.3%
CAG Conagra Brands Inc. 0.03% 64,168 $1.1M Add +6.9%
SCI Service Corp. International 0.02% 14,157 $1.1M Reduce -37.6%
PPL PPL Corp. 0.02% 31,032 $1.1M Reduce -9.8%
GFL GFL Environmental Inc.-Sub VT 0.02% 25,332 $1.1M Add +48.7%
XPO Xpo Inc. 0.02% 7,665 $1.1M Reduce -9.8%
WDAY Workday Inc. Class A 0.02% 4,904 $1.1M Reduce -38.7%
MKTX Marketaxess Holdings Inc. 0.02% 5,736 $1.0M Reduce -12.5%
KDP Keurig Dr Pepper Inc. 0.02% 36,776 $1.0M Add +0.9%
SF Stifel Financial Corp. 0.02% 8,003 $1.0M Add +9.9%
APO Apollo Global Management Inc. 0.02% 6,931 $1.0M Add +136.5%
ARIS Aris Mining Corp. filed as ARIS MNG CORP 0.02% 61,589 $999K Reduce -47.3%
GPC Genuine Parts Co. 0.02% 8,001 $984K Add +3.5%
PSA Public Storage 0.02% 3,761 $976K No change
ITRG Integra Resources Corp. 0.02% 242,442 $975K Reduce -0.8%
AON Aon PLC Class A 0.02% 2,731 $974K Reduce -9.8%
NXE Nexgen Energy Ltd. 0.02% 104,075 $953K Add +12.3%
GLW Corning Inc. 0.02% 10,782 $948K Reduce -27.1%
TME Tencent Music Entertainm-ADR 0.02% 53,637 $940K New
SE Sea Ltd.-ADR 0.02% 7,328 $935K Add +118.7%
CDNS Cadence Design SYS Inc. 0.02% 2,986 $933K Reduce -39.5%
HAS Hasbro Inc. 0.02% 10,757 $889K Reduce -9.8%
TLN Talen Energy Corp. 0.02% 2,328 $882K Add +3.5%
PWR Quanta Services Inc. 0.02% 2,055 $881K Reduce -43.1%
ARES Ares Management Corp. Class A 0.02% 5,370 $877K Add +20.4%
AME Ametek Inc. 0.02% 4,169 $863K Reduce -85.4%
USB US Bancorp 0.02% 16,117 $860K No change
CGNX Cognex Corp. 0.02% 23,782 $858K Reduce -33.5%
ING ING Groep N.V.-Sponsored ADR 0.02% 30,391 $851K No change
OR Or Royalties Inc. 0.02% 24,021 $851K Add +50.9%
SLSR Solaris Resources Inc. 0.02% 104,764 $841K Reduce -9.8%
AIZ Assurant Inc. 0.02% 3,400 $823K New
CRL Charles River Laboratories 0.02% 3,868 $781K Reduce -9.8%
NET Cloudflare Inc. Class A 0.02% 3,883 $775K Reduce -35.0%
LKQ LKQ Corp. 0.02% 25,640 $774K Add +2.8%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.02% 20,375 $773K Reduce -41.9%
TEVA Teva Pharmaceutical-SP ADR 0.02% 24,668 $773K Reduce -30.4%
CSL Carlisle Cos Inc. 0.02% 2,348 $751K Reduce -40.5%
RDDT Reddit Inc. Class A 0.02% 3,186 $743K Add +79.0%
ATAT Atour Lifestyle Holdings-ADR 0.02% 18,838 $742K No change
DHI D.R. Horton Inc. 0.02% 5,083 $740K Reduce -32.4%
AS Amer Sports Inc. 0.02% 19,765 $738K Reduce -28.7%
FSM Fortuna Mining Corp. 0.02% 75,262 $738K Reduce -28.8%
SVV Savers Value Village Inc. 0.02% 78,642 $735K Reduce -40.1%
GH Guardant Health Inc. 0.02% 7,200 $724K New
DPZ Domino's Pizza Inc. 0.02% 1,669 $704K Reduce -9.8%
SAP Sap SE-Sponsored ADR 0.02% 2,894 $703K No change
CLH Clean Harbors Inc. 0.02% 2,955 $703K Reduce -46.2%
SBUX Starbucks Corp. 0.02% 8,342 $702K Reduce -40.0%
CPB The Campbell's Company 0.02% 24,897 $694K Add +2.0%
BRZE Braze Inc. Class A 0.02% 19,800 $689K New
SOBO South Bow Corp. 0.02% 24,990 $687K Add +37.4%
EVRG Evergy Inc. 0.02% 9,387 $687K Reduce -9.8%
J Jacobs Solutions Inc. 0.02% 5,162 $684K New
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.02% 15,392 $680K Reduce -39.4%
VLY Valley National Bancorp 0.02% 56,834 $669K Add +96.1%
GFI Gold Fields Ltd.-Spons ADR 0.02% 15,150 $668K Reduce -34.2%
VST Vistra Corp. 0.01% 4,058 $660K Reduce -9.8%
ICE Intercontinental Exchange Inc. 0.01% 4,037 $659K Reduce -35.4%
LINE Lineage Inc. 0.01% 18,788 $658K Reduce -38.6%
SAIA Saia Inc. 0.01% 1,974 $656K Reduce -9.9%
OLLI Ollie's Bargain Outlet Holdi 0.01% 5,984 $655K Reduce -9.8%
ELAN Elanco Animal Health Inc. 0.01% 28,709 $653K Add +20.9%
CYBR Cyberark Software Ltd./Israel 0.01% 1,443 $651K Reduce -9.8%
INTC Intel Corp. 0.01% 17,202 $642K New
NI Nisource Inc. 0.01% 15,206 $639K Reduce -9.8%
AFRM Affirm Holdings Inc. 0.01% 8,425 $639K Add +8.2%
RDNT Radnet Inc. 0.01% 8,927 $638K Reduce -46.1%
HOOD Robinhood Markets Inc. Class A 0.01% 5,484 $633K Add +149.3%
MMYT Makemytrip Ltd. 0.01% 7,623 $626K No change
BBU Brookfield Business PT-Unit 0.01% 17,616 $626K Reduce -41.6%
ADBE Adobe Inc. 0.01% 1,780 $623K Add +4.1%
GL Globe Life Inc. 0.01% 4,359 $617K Add +41.5%
TPR Tapestry Inc. 0.01% 4,740 $614K Reduce -32.6%
DEO Diageo PLC-Sponsored ADR 0.01% 7,075 $610K Add +76.8%
IQV Iqvia Holdings Inc. 0.01% 2,635 $600K Reduce -2.4%
LITE Lumentum Holdings Inc. 0.01% 1,600 $594K Reduce -76.1%
BIPC Brookfield Infrastructure-A 0.01% 13,043 $592K Add +18.4%
TER Teradyne Inc. 0.01% 3,000 $590K New
TTAN Servicetitan Inc. Class A 0.01% 5,498 $589K Reduce -16.3%
FIVE Five Below 0.01% 3,066 $578K Reduce -9.8%
MKC McCormick & Co.-Non VTG SHRS 0.01% 8,421 $574K Add +4.3%
LEN Lennar Corp. Class A 0.01% 5,433 $559K Add +11.7%
LPLA LPL Financial Holdings Inc. 0.01% 1,550 $558K New
REGN Regeneron Pharmaceuticals 0.01% 715 $553K Add +55.4%
BLDR Builders Firstsource Inc. 0.01% 5,254 $542K Reduce -13.1%
FROG Jfrog Ltd. 0.01% 8,260 $541K Reduce -9.8%
SPLV Invesco S&P 500 Low Volatili 0.01% 7,511 $540K Reduce -56.3%
SWKS Skyworks Solutions Inc. 0.01% 8,500 $539K No change
TFC Truist Financial Corp. 0.01% 10,800 $531K No change
EVR Evercore Inc. Class A 0.01% 1,532 $526K Reduce -9.9%
CAH Cardinal Health Inc. 0.01% 2,465 $511K Add +26.0%
WRBY Warby Parker Inc. Class A 0.01% 23,286 $507K Reduce -63.2%
EOG EOG Resources Inc. 0.01% 4,611 $484K No change
BB Blackberry Ltd. 0.01% 126,073 $476K Add +129.2%
SNDK Sandisk Corp. 0.01% 1,955 $470K Reduce -47.5%
EXP Eagle Materials Inc. 0.01% 2,196 $462K Add +16.8%
CVNA Carvana Co. 0.01% 1,062 $456K Add +6.2%
CRM Salesforce Inc. 0.01% 1,700 $452K Reduce -97.5%
TCBI Texas Capital Bancshares Inc. 0.01% 4,900 $450K Add +75.0%
MU Micron Technology Inc. 0.01% 1,500 $439K New
INSM Insmed Inc. 0.01% 2,500 $435K Reduce -23.3%
MRNA Moderna Inc. 0.01% 14,752 $435K Reduce -38.1%
GRTUF Granite Real Estate Investme 0.01% 7,293 $434K Add +37.3%
DBRG Digitalbridge Group Inc. 0.01% 28,323 $433K Reduce -59.0%
AMKR Amkor Technology Inc. 0.01% 10,600 $428K New
DE Deere & Co. 0.01% 896 $421K Reduce -31.1%
BHC Bausch Health Cos Inc. 0.01% 59,984 $417K Add +52.3%
ALHC Alignment Healthcare Inc. 0.01% 21,571 $415K Reduce -9.8%
PPTA Perpetua Resources Corp. 0.01% 16,800 $411K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 1,565 $410K Reduce -49.0%
SLG SL Green Realty Corp. 0.01% 8,769 $405K Reduce -38.1%
BKR Baker Hughes Co. 0.01% 8,469 $390K Add +16.0%
EMN Eastman Chemical Co. 0.01% 6,050 $386K No change
IBKR Interactive Brokers Gro Class A 0.01% 5,907 $384K Reduce -32.8%
TAC Transalta Corp. 0.01% 30,172 $382K Add +29.3%
TEAM Atlassian Corp. Class A 0.01% 2,300 $375K New
SN Sharkninja Inc. 0.01% 3,281 $373K Reduce -47.9%
ASML ASML Holding NV-NY Reg SHS 0.01% 346 $371K New
EXE Expand Energy Corp. 0.01% 3,289 $368K Reduce -17.4%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.01% 2,002 $365K Add +3.3%
CRDO Credo Technology Group Holdi 0.01% 2,500 $362K New
NG Novagold Resources Inc. 0.01% 38,637 $360K Add +36.3%
SRAD Sportradar Group AG-A 0.01% 14,745 $356K Add +7.7%
DASH DoorDash Inc. Class A 0.01% 1,558 $355K Reduce -67.8%
BIIB Biogen Inc. 0.01% 2,000 $352K No change
EXK Endeavour Silver Corp. 0.01% 37,228 $350K Add +32.8%
GE General Electric filed as GE AEROSPACE 0.01% 1,100 $343K New
U Unity Software Inc. 0.01% 7,332 $331K Add +7.8%
NTGR Netgear Inc. 0.01% 13,436 $330K Reduce -9.8%
AKAM Akamai Technologies Inc. 0.01% 3,700 $325K New
AMD Advanced Micro Devices 0.01% 1,500 $323K Reduce -88.0%
PRIM Primoris Services Corp. 0.01% 2,597 $323K Reduce -9.8%
ZYME Zymeworks Inc. 0.01% 12,044 $320K Add +20.1%
NRG NRG Energy Inc. 0.01% 1,984 $318K Reduce -9.8%
FSLR First Solar Inc. 0.01% 1,173 $310K Reduce -9.8%
SMA Smartstop Self Storage REIT 0.01% 9,875 $310K Reduce -9.8%
CWK Cushman & Wakefield Ltd. 0.01% 18,775 $308K Reduce -9.8%
GAP The Gap Inc. 0.01% 11,900 $308K New
PROF Profound Medical Corp. 0.01% 38,200 $300K No change
LSPD Lightspeed Commerce Inc. 0.01% 24,770 $299K Add +121.4%
GNTX Gentex Corp. 0.01% 12,667 $295K No change
ATS Ats Corp. 0.01% 10,553 $291K Add +22.5%
MGNI Magnite Inc. 0.01% 17,639 $290K Reduce -9.8%
CAI Caris Life Sciences Inc. 0.01% 10,600 $290K New
ROKU Roku Inc. 0.01% 2,600 $288K New
SAIL Sailpoint Inc. 0.01% 13,500 $281K New
CHRD Chord Energy Corp. 0.01% 2,976 $278K Reduce -9.8%
OPLN Openlane Inc. 0.01% 9,200 $277K New
INOD Innodata Inc. 0.01% 5,300 $274K New
DNN Denison Mines Corp. 0.01% 103,269 $274K Add +41.7%
SYM Symbotic Inc. 0.01% 4,500 $271K New
EYE National Vision Holdings Inc. 0.01% 10,377 $269K Add +10.4%
WBS Webster Financial Corp. 0.01% 4,200 $267K New
BKD Brookdale Senior Living Inc. 0.01% 24,300 $261K New
MCHP Microchip Technology Inc. 0.01% 4,000 $259K New
BG Bunge Global SA 0.01% 2,884 $259K New
VIK Viking Holdings Ltd. 0.01% 3,500 $252K New
SKE Skeena Resources Ltd. 0.01% 10,524 $250K Add +30.5%
BTE Baytex Energy Corp. 0.01% 75,755 $245K Add +38.4%
W Wayfair Inc. Class A 0.01% 2,400 $242K New
ADMA Adma Biologics Inc. 0.01% 13,202 $242K Reduce -43.6%
ULTA Ulta Beauty Inc. 0.01% 375 $227K Reduce -26.3%
VZLA Vizsla Silver Corp. 0.00% 39,750 $218K New
KEX Kirby Corp. 0.00% 1,900 $211K New
ACN Accenture PLC Class A 0.00% 775 $209K New
SVM Silvercorp Metals Inc. 0.00% 24,820 $208K Add +36.6%
IVT Inventrust Properties Corp. 0.00% 7,000 $197K Reduce -29.6%
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.00% 13,690 $184K Add +23.1%
VET Vermilion Energy Inc. 0.00% 19,531 $163K Add +30.1%
SA Seabridge Gold Inc. 0.00% 5,179 $154K Add +40.4%
Z Zillow Group Inc. Class C 0.00% 2,200 $153K New
HITI High Tide Inc. 0.00% 52,659 $141K Reduce -34.4%
BNT Brookfield Wealth Solutions 0.00% 3,024 $139K Add +33.0%
TFPM Triple Flag Precious Met 0.00% 4,009 $133K Add +54.9%
CRON Cronos Group Inc. 0.00% 48,016 $126K No change
TASEKO MINES LTD 0.00% 16,290 $92K New
MDLN Medline Inc. Class A 0.00% 1,500 $63K New
DCBO Docebo Inc. 0.00% 1,207 $27K New
ELE Elemental Royalty Corp. 0.00% 1,339 $23K New
SII Sprott Inc. 0.00% 171 $17K No change
NDAQ Nasdaq Inc. 0.00% 164 $16K New

Options reported separately and not counted above: INVESCO QQQ TR puts ($2.1M), CELESTICA INC calls ($310K), ISHARES TR puts ($57K), BOSTON SCIENTIFIC CORP calls ($50K), SNOWFLAKE INC calls ($38K), ZILLOW GROUP INC calls ($28K), COSTAR GROUP INC calls ($24K), ISHARES TR puts ($24K), RADNET INC calls ($21K), APPIAN CORP puts ($20K), OR ROYALTIES INC. calls ($12K), ISHARES TR puts ($4K), and 1 more.

Other holdings (4): bonds, preferreds, convertibles and warrants · $1.4M (not counted above)
SecurityClassShares / PrincipalValueChange
BGRN iShares Usd Green Bond ETF USD GRN BOND ETF · principal 21,656$1.0MAdd +13.4%
RAPID7 INC (RPD 0.25 03/15/27) NOTE 0.250% 3/1 · principal 200,000$188KNo change
IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) NOTE 2.500% 2/0 · principal 105,000$95KNo change
GROY.WS Gold Royalty Corp. -29 *W EXP 05/31/202 19,400$39KNo change

Total filed on the 13F, all lines: $4.4B.

Portfolio Sells Q3 2025 → Q4 2025

MSFT Microsoft Corp. Reduce -7.8% 4.86% −1.05
ORCL Oracle Corp. Sold out 0.00% −0.56
META Meta Platforms Inc. Class A Reduce -30.1% 0.62% −0.41
CRM Salesforce Inc. Reduce -97.5% 0.01% −0.36
BNDX Vanguard Total Intl Bond ETF Reduce -50.1% 0.30% −0.35
FISV Fiserv Inc. Sold out 0.00% −0.33
APTV Aptiv PLC Reduce -27.5% 0.50% −0.32
MSCI MSCI Inc. Sold out 0.00% −0.25
DOX Amdocs Ltd. Sold out 0.00% −0.23
BND Vanguard Total Bond Market Sold out 0.00% −0.23
LIN Linde PLC Reduce -2.2% 1.14% −0.22
ZTS Zoetis Inc. Reduce -8.8% 0.65% −0.22
AZO AutoZone Inc. Reduce -8.6% 0.47% −0.21
ADP Automatic Data Processing Reduce -33.0% 0.23% −0.18
NOW ServiceNow Inc. Reduce -5.4% 0.55% −0.18
QCOM Qualcomm Inc. Reduce -48.1% 0.19% −0.18
VLTO Veralto Corp. Reduce -14.0% 0.59% −0.18
BKNG Booking Holdings Inc. Reduce -29.4% 0.35% −0.17
NFLX Netflix Inc. Reduce -2.4% 0.43% −0.16
CPAY Corpay Inc. Sold out 0.00% −0.16
XYL Xylem Inc. Reduce -7.8% 0.64% −0.15
ITRI Itron Inc. Reduce -6.7% 0.29% −0.14
AAPL Apple Inc. Reduce -7.3% 2.38% −0.14
SLF Sun Life Financial Inc. Reduce -17.8% 0.62% −0.14
UNH Unitedhealth Group Inc. Reduce -20.4% 0.36% −0.14
FNV Franco-Nevada Corp. Reduce -6.3% 0.68% −0.13
INTU Intuit Inc. Reduce -8.8% 0.72% −0.13
SNPS Synopsys Inc. Reduce -9.8% 0.60% −0.13
UNP Union Pacific Corp. Reduce -7.0% 0.85% −0.13
RNW Renew Energy Global PLC-A Reduce -32.7% 0.11% −0.13
ROP Roper Technologies Inc. Reduce -34.6% 0.16% −0.13
CARR Carrier Global Corp. Reduce -7.8% 0.43% −0.12
GOOGL Alphabet Inc. Class A Reduce -28.6% 0.87% −0.12
MRSH Marsh & McLennan Cos Reduce -19.8% 0.28% −0.12
TIXT Telus International Cda Inc. Sold out 0.00% −0.12
AME Ametek Inc. Reduce -85.4% 0.02% −0.11
PFE Pfizer Inc. Reduce -26.3% 0.23% −0.11
WM Waste Management Inc. Reduce -7.8% 0.71% −0.10
AOS Smith (a.o.) Corp. Reduce -7.8% 0.40% −0.10
D Dominion Energy Inc. Reduce -44.3% 0.10% −0.10
KO The Coca-Cola Co. Reduce -27.3% 0.27% −0.10
CEG Constellation Energy Reduce -51.0% 0.09% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -34.2% 0.16% −0.09
ENB Enbridge Inc. Reduce -0.2% 0.88% −0.09
NEM Newmont Corp. Reduce -65.0% 0.06% −0.09
ABBV Abbvie Inc. Reduce -5.8% 0.70% −0.09
HD Home Depot Inc. Reduce -14.5% 0.20% −0.09
CWEN Clearway Energy Inc. Class C Reduce -48.5% 0.12% −0.09
TXN Texas Instruments Inc. Reduce -12.1% 0.32% −0.08
RELX Relx PLC - Spon ADR Reduce -4.3% 0.28% −0.08

Portfolio Buys Q3 2025 → Q4 2025

AVSD Avantis Reps Intern Equi ETF New 3.31% +3.31
NULG Nuveen ESG LRG-Cap GRW ETF New 2.90% +2.90
QQQ Invesco QQQ Trust Series 1 New 1.40% +1.40
SUNC Sunococorp LLC New 0.47% +0.47
GOOG Alphabet Inc. Class C Add +4.0% 2.13% +0.47
SPY SS SPDR S&P 500 ETF Trust-US Add +64.3% 1.22% +0.46
MDT Medtronic PLC Add +424.5% 0.41% +0.33
NEE Nextera Energy Inc. Add +181.4% 0.50% +0.32
CSCO Cisco Systems Inc. Add +33.8% 0.78% +0.24
LLY Eli Lilly & Co. Add +0.3% 0.80% +0.21
AAON Aaon Inc. New 0.20% +0.20
TD Toronto-Dominion Bank Add +2.4% 1.52% +0.20
SPGI S&P Global Inc. Add +53.5% 0.55% +0.20
SHOP Shopify Inc. Class A Add +24.4% 0.87% +0.20
MRK Merck & Co. Inc. Add +7.9% 0.78% +0.18
BGSI Boyd Group Services Inc. New 0.11% +0.11
CNI Canadian Natl Railway Co. Add +12.4% 0.96% +0.11
CL Colgate-Palmolive Co. Add +37.6% 0.44% +0.10
KR Kroger Co. Add +124.6% 0.20% +0.10
STX Seagate Technology Holdings New 0.09% +0.09
BNS Bank of Nova Scotia Add +6.4% 0.61% +0.08
TMUS T-Mobile US Inc. New 0.07% +0.07
GILD Gilead Sciences Inc. Add +2.9% 0.91% +0.07
MA Mastercard Inc. Class A Add +14.2% 0.80% +0.07
WPM Wheaton Precious Metals Corp. Add +32.2% 0.26% +0.07
EBAY eBay Inc. Add +20.8% 0.66% +0.06
V Visa Inc. Class A Add +8.1% 1.07% +0.06
BEP Brookfield Renewable Partner Add +74.7% 0.14% +0.06
B Barrick Mining Corp. Add +6.5% 0.20% +0.05
TYL Tyler Technologies Inc. New 0.05% +0.05
CAE Cae Inc. Add +47.5% 0.17% +0.05
CCJ Cameco Corp. Add +59.1% 0.13% +0.05
TRP TC Energy Corp. Add +15.7% 0.43% +0.05
MFC Manulife Financial Corp. Add +4.0% 0.35% +0.05
KGC Kinross Gold Corp. Add +49.0% 0.12% +0.05
YUM Yum! Brands Inc. Add +19.7% 0.36% +0.04
MSI Motorola Solutions Inc. Add +45.8% 0.30% +0.04
PAAS Pan American Silver Corp. Add +45.3% 0.08% +0.04
NTR Nutrien Ltd. Add +16.0% 0.26% +0.04
PGR Progressive Corp. Add +86.3% 0.09% +0.04
ONON On Holding AG Class A Add +62.3% 0.08% +0.03
CHKP Check Point Software Tech New 0.03% +0.03
CRWD CrowdStrike Holdings Inc. Class A Add +84.0% 0.08% +0.03
BCE Bce Inc. Add +16.7% 0.25% +0.03
VOYA Voya Financial Inc. Add +56.1% 0.09% +0.03
ROST Ross Stores Inc. Add +13.7% 0.13% +0.03
CTSH Cognizant Tech Solutions-A Add +7.7% 0.13% +0.03
MAS Masco Corp. New 0.03% +0.03
SU Suncor Energy Inc. Add +10.1% 0.27% +0.03
CB Chubb Ltd. Add +13.7% 0.16% +0.03

Options Activity Q3 2025 → Q4 2025

INVESCO QQQ TR put New 140,000 $2.1M
CELESTICA INC call New 10,600 $310K
TESLA INC put Sold out 13,900 $90Kbefore exit
ROCKET COS INC call Sold out 58,300 $85Kbefore exit
OKLO INC put Sold out 17,400 $80Kbefore exit
ISHARES TR put Sold out 35,600 $69Kbefore exit
COREWEAVE INC put Sold out 11,600 $69Kbefore exit
ISHARES TR put New 49,400 $57K
BOSTON SCIENTIFIC CORP call New 25,000 $50K
CONFLUENT INC call Sold out 44,500 $49Kbefore exit
WASTE CONNECTIONS INC call Sold out 35,000 $49Kbefore exit
SNOWFLAKE INC call New 10,600 $38K
THOMSON REUTERS CORP call Sold out 29,400 $32Kbefore exit
ZILLOW GROUP INC call New 32,600 $28K
DIGITALOCEAN HLDGS INC put Sold out 23,500 $26Kbefore exit
COSTAR GROUP INC call New 20,900 $24K
ISHARES TR put New 104,500 $24K
RADNET INC call New 12,600 $21K
APPIAN CORP put New 17,900 $20K
BELLRING BRANDS INC call Sold out 21,200 $19Kbefore exit
LEMONADE INC put Sold out 11,800 $15Kbefore exit
ADMA BIOLOGICS INC call Sold out 44,300 $13Kbefore exit
OR ROYALTIES INC. call New 41,600 $12K
ISHARES TR put New 104,400 $4K
OPENDOOR TECHNOLOGIES INC put Sold out 200,600 $3Kbefore exit
TELUS CORPORATION call New 53,000 $3K
TECK RESOURCES LTD put Sold out 35,000 $252before exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q3 2025 → Q4 2025

BGRN iShares Usd Green Bond ETF USD GRN BOND ETF · principal Add +13.4% 21,656 $1.0M
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal Sold out 300,000 $298Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 507$4.3BDMXF, NVDA, AVSD, MSFT, AAPL
Q1 2026 508$4.3BNVDA, MSFT, AVSD, NULG, AAPL
Q4 2025Amended 484$4.4BMSFT, AVSD, NVDA, NULG, AAPL
Q3 2025 481$4.2BMSFT, NVDA, AAPL, RY, AMZN
Q2 2025 468$4.0BMSFT, NVDA, AAPL, RY, AVGO
Q1 2025 464$3.7BMSFT, AAPL, NVDA, RY, AMZN
Q4 2024 459$3.7BMSFT, NVDA, AAPL, AVGO, AMZN
Q3 2024Amended 482$3.8BMSFT, NVDA, AAPL, AVGO, UNH
Q2 2024 468$3.5BMSFT, NVDA, AAPL, GOOG, AVGO
Q1 2024 467$3.5BMSFT, WM, RSG, RY, GOOG