Tacita Capital Inc

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Tacita Capital Inc reported 207 stock positions worth $138.8 million. Its top holding was iShares MSCI Global Min Vol (ACWV) at 6.9% of the portfolio, followed by iShares MSCI USA Momentum Fa (MTUM, 4.9%) and Vngrd Mrngst SL-CP Val ETF-U (VBR, 4.5%). Compared with Q4 2024, it opened 6 new positions, sold out of 3, added to 23 and reduced 23. The biggest buy was a new position in Orla Mining (ORLA) and the biggest sale Transalta (TAC, shares −2%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001846287
Portfolio Value
$138.8M (Q1 2025)
SEC Filing
0001846287-25-000004 ↗ filed May 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $144.1M Q1 2024 Q2 2024: $141.5M Q2 2024 Q3 2024: $153.3M Q3 2024 Q4 2024: $140.1M Q4 2024 Q1 2025: $138.8M $138.8M Q1 2025 Q2 2025: $155.5M Q2 2025 Q3 2025: $165.5M Q3 2025 Q4 2025: $172.6M Q4 2025 Q1 2026: $168.9M Q1 2026 Q2 2026: $184.2M Q2 2026

Holdings 207 stocks · $138.8M
ACWV iShares MSCI Global Min Vol 6.94% 82,751 $9.6M Reduce -0.4%
MTUM iShares MSCI USA Momentum Fa 4.92% 33,795 $6.8M Reduce -5.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 4.55% 33,883 $6.3M Reduce -3.2%
BN Brookfield Corp. 4.32% 114,533 $6.0M Add +6.6%
MOAT Vaneck Morningstar Wide Moat 3.90% 61,552 $5.4M Reduce -2.6%
IEMG iShares Core MSCI Emerging 3.15% 81,041 $4.4M Reduce -0.6%
QUAL iShares MSCI USA Quality Fac 3.15% 25,553 $4.4M Add +0.0%
BIP Brookfield Infrastructure Pa 3.06% 142,604 $4.2M Add +0.5%
IMTM iShares MSCI Intl Momentum F 3.04% 105,665 $4.2M Reduce -0.9%
VOE Vngrd Mrngstr MD-Cap Val ETF 2.66% 23,011 $3.7M Reduce -0.6%
RY Royal Bank of Canada 2.66% 32,745 $3.7M Add +0.6%
IQLT iShares MSCI International Q 2.60% 90,881 $3.6M Add +1.2%
VTV Vanguard Mrngstr Val ETF-Aui 2.50% 20,052 $3.5M Reduce -4.7%
TRP TC Energy Corp. 2.31% 68,010 $3.2M No change
USMV iShares MSCI USA Min Vol Fac 2.27% 33,698 $3.2M No change
PRMB Primo Brands Corp. 2.03% 79,500 $2.8M No change
FTS Fortis Inc. 1.97% 60,056 $2.7M Reduce -2.5%
ENB Enbridge Inc. 1.97% 61,751 $2.7M No change
IVLU iShares MSCI International V 1.83% 83,785 $2.5M Reduce -3.0%
BEP Brookfield Renewable Partner 1.82% 114,344 $2.5M Reduce -0.2%
GRTUF Granite Real Estate Investme 1.79% 53,440 $2.5M Add +11.9%
TD Toronto-Dominion Bank 1.79% 41,358 $2.5M Add +1.0%
BAM Brookfield Asset Mgmt-A 1.65% 47,240 $2.3M Reduce -1.1%
VTI VG Morningstar TS MKT ETF-US 1.64% 8,301 $2.3M Reduce -5.0%
PBA Pembina Pipeline Corp. 1.49% 51,664 $2.1M No change
TAC Transalta Corp. 1.48% 219,313 $2.0M Reduce -2.1%
BRK.B Berkshire Hathaway Inc. Class B 1.39% 3,628 $1.9M No change
CNI Canadian Natl Railway Co. 1.38% 19,700 $1.9M No change
TRI Thomson Reuters Corp. 1.19% 9,532 $1.6M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.09% 31,887 $1.5M Add +1.3%
MSFT Microsoft Corp. 1.02% 3,774 $1.4M Add +1.3%
EFAV iShares MSCI Eafe Min Vol Fa 0.91% 16,144 $1.3M Reduce -1.6%
AAPL Apple Inc. 0.77% 4,809 $1.1M No change
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.67% 7,259 $934K No change
WCN Waste Connections Inc. 0.66% 4,724 $921K Reduce -2.2%
MFC Manulife Financial Corp. 0.66% 29,213 $911K No change
FNV Franco-Nevada Corp. 0.63% 5,550 $873K No change
HDV iShares Core High Dividend E 0.55% 6,355 $770K Reduce -6.9%
KGC Kinross Gold Corp. 0.55% 61,009 $769K No change
CLS Celestica Inc. 0.54% 9,527 $752K Reduce -22.7%
GOOG Alphabet Inc. Class C 0.51% 4,535 $709K No change
AMT American Tower Corp. 0.51% 3,230 $703K Add +9.3%
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.46% 68,128 $637K New
RBA RB Global Inc. 0.45% 6,262 $629K No change
JPM JPMorgan Chase & Co. 0.44% 2,507 $615K No change
MCD McDonald's Corp. 0.44% 1,939 $606K No change
EQIX Equinix Inc. 0.43% 736 $600K No change
BCE Bce Inc. 0.43% 25,835 $593K Reduce -7.6%
DLR Digital Realty Trust Inc. 0.41% 3,936 $564K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.39% 5,737 $548K Add +678.4%
GIL Gildan Activewear Inc. 0.39% 12,321 $545K No change
QSR Restaurant Brands Intern 0.38% 7,991 $533K Add +10.2%
SHOP Shopify Inc. Class A 0.38% 5,478 $521K Add +26.0%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.36% 8,828 $497K No change
AEM Agnico Eagle Mines Ltd. 0.36% 4,570 $495K No change
CIGI Colliers Intl GR-Subord Vot 0.35% 4,060 $492K No change
DSGX The Descartes Systems Grp 0.35% 4,783 $482K No change
JNJ Johnson & Johnson 0.34% 2,813 $467K No change
IAU iShares Gold Trust 0.33% 7,777 $458K Add +1.5%
PG The Procter & Gamble Co. 0.31% 2,518 $429K No change
COST Costco Wholesale Corp. 0.28% 404 $382K No change
ADP Automatic Data Processing 0.26% 1,200 $367K No change
WFG West Fraser Timber Co. Ltd. 0.26% 4,766 $366K No change
PEP Pepsico Inc. 0.25% 2,350 $352K No change
SOBO South Bow Corp. 0.24% 12,796 $327K No change
SBUX Starbucks Corp. 0.22% 3,166 $311K No change
DE Deere & Co. 0.21% 625 $293K No change
UL Unilever PLC 0.21% 4,900 $292K No change
ARKQ ARK Autonomous Tech & Robot 0.21% 4,400 $292K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.21% 6,835 $285K No change
META Meta Platforms Inc. Class A 0.19% 463 $267K No change
TU Telus Corp. 0.18% 17,754 $255K No change
XLP SS Consumer Staples Sel Sect 0.18% 3,000 $245K No change
SU Suncor Energy Inc. 0.16% 5,851 $227K No change
NTR Nutrien Ltd. 0.16% 4,494 $223K No change
V Visa Inc. Class A 0.15% 584 $205K No change
VEU Vanguard Ftse All-World Ex-U 0.15% 3,365 $204K No change
NSC Norfolk Southern Corp. 0.14% 850 $201K No change
ABT Abbott Laboratories 0.14% 1,488 $197K No change
RCI Rogers Communications Inc. Class B 0.14% 7,065 $189K Add +2.2%
VYM Vanguard High DVD Yield ETF 0.13% 1,390 $179K No change
VT Vanguard Tot World STK ETF 0.13% 1,508 $175K No change
ORCL Oracle Corp. 0.13% 1,245 $174K Add +6.0%
VTHR Vanguard Russell 3000 0.11% 625 $154K No change
CNQ Canadian Natural Resources 0.10% 4,668 $144K No change
MGA Magna International Inc. 0.10% 4,226 $144K No change
DEO Diageo PLC-Sponsored ADR 0.10% 1,350 $141K No change
VRSN Verisign Inc. 0.10% 550 $140K No change
IXUS iShares Core Intl Stock ETF 0.10% 1,919 $134K No change
NVS Novartis AG-Sponsored ADR 0.10% 1,200 $134K No change
VWO Vanguard Ftse Emerging Marke 0.09% 2,833 $128K No change
XLK SS Technology Select Sector 0.09% 592 $122K No change
WPM Wheaton Precious Metals Corp. 0.09% 1,566 $122K No change
BSX Boston Scientific Corp. 0.09% 1,200 $121K No change
REET iShares Global REIT ETF 0.07% 4,262 $103K Add +41.1%
CSCO Cisco Systems Inc. 0.07% 1,660 $102K No change
SOXX iShares Semiconductor ETF 0.07% 540 $102K No change
RTX RTX Corp. 0.07% 750 $99K No change
EEMV iShares MSCI Emg MKT Min Vol 0.07% 1,660 $97K No change
BDX Becton Dickinson and Co. 0.07% 409 $94K No change
DVA Davita Inc. 0.07% 600 $92K Reduce -52.0%
MCK McKesson Corp. 0.06% 130 $87K No change
GLD SPDR Gold Shares 0.06% 300 $86K No change
DLS Wisdomtree Intl S/C DVD Fund 0.06% 1,255 $83K Reduce -45.1%
IEFA iShares Core MSCI Eafe ETF 0.06% 1,049 $79K No change
AXP American Express Co. 0.06% 290 $78K No change
PM Philip Morris International 0.06% 488 $77K No change
CVX Chevron Corp. 0.05% 451 $75K No change
LOW Lowe's Cos Inc. 0.05% 315 $73K No change
MO Altria Group Inc. 0.05% 1,187 $71K Add +17.3%
GIB Cgi Inc. 0.05% 710 $71K No change
GS Goldman Sachs Group Inc. 0.05% 125 $68K No change
AMZN Amazon.com Inc. 0.05% 343 $65K No change
BKNG Booking Holdings Inc. 0.05% 14 $64K No change
GOOGL Alphabet Inc. Class A 0.05% 416 $64K No change
STN Stantec Inc. 0.04% 728 $60K No change
UNH Unitedhealth Group Inc. 0.04% 112 $59K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 232 $58K Add +20.8%
EOG EOG Resources Inc. 0.04% 440 $56K No change
AFL Aflac Inc. 0.04% 505 $56K No change
T AT&T Inc. 0.04% 1,960 $55K No change
AZO AutoZone Inc. 0.04% 14 $53K No change
CL Colgate-Palmolive Co. 0.04% 568 $53K No change
WMT Walmart Inc. 0.04% 600 $53K No change
MPC Marathon Petroleum Corp. 0.04% 361 $53K Add +36.2%
CAT Caterpillar Inc. 0.04% 159 $52K No change
KR Kroger Co. 0.04% 750 $51K No change
LMT Lockheed Martin Corp. 0.04% 112 $50K Add +28.7%
BMY Bristol-Myers Squibb Co. 0.04% 819 $50K Add +20.3%
HCA HCA Healthcare Inc. 0.04% 142 $49K No change
TFII Tfi International Inc. 0.04% 630 $49K Reduce -86.1%
XOM Exxon Mobil Corp. 0.04% 408 $49K No change
SSRM SSR Mining Inc. 0.03% 4,834 $48K New
FSV Firstservice Corp. 0.03% 290 $48K No change
SYY Sysco Corp. 0.03% 632 $47K New
COP Conocophillips 0.03% 450 $47K Add +40.6%
TMO Thermo Fisher Scientific Inc. 0.03% 94 $47K No change
CI The Cigna Group 0.03% 140 $46K No change
VZ Verizon Communications Inc. 0.03% 992 $45K No change
MET Metlife Inc. 0.03% 525 $42K No change
HD Home Depot Inc. 0.03% 114 $42K No change
ABBV Abbvie Inc. 0.03% 198 $41K No change
QCOM Qualcomm Inc. 0.03% 270 $41K No change
SHW The Sherwin-Williams Co. 0.03% 110 $38K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 313 $38K No change
MAR Marriott International Class A 0.03% 160 $38K No change
ITW Illinois Tool Works 0.03% 149 $37K No change
CAE Cae Inc. 0.03% 1,500 $37K No change
IMO Imperial Oil Ltd. 0.03% 507 $37K Reduce -92.9%
PYPL PayPal Holdings Inc. 0.03% 556 $36K No change
EWC iShares MSCI Canada ETF 0.03% 855 $35K No change
AQN Algonquin Power & Utilities 0.03% 6,750 $35K No change
SII Sprott Inc. 0.02% 772 $35K New
PRU Prudential Financial Inc. 0.02% 305 $34K No change
ZBH Zimmer Biomet Holdings Inc. 0.02% 300 $34K No change
NFLX Netflix Inc. 0.02% 33 $31K No change
PSX Phillips 66 0.02% 245 $30K No change
HPQ HP Inc. 0.02% 1,065 $29K No change
DLTR Dollar Tree Inc. 0.02% 360 $27K No change
CRM Salesforce Inc. 0.02% 100 $27K No change
STZ Constellation Brands Inc. Class A 0.02% 145 $27K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 257 $25K No change
APH Amphenol Corp. Class A 0.02% 386 $25K No change
FTNT Fortinet Inc. 0.02% 261 $25K No change
OXY Occidental Petroleum Corp. 0.02% 500 $25K No change
ACN Accenture PLC Class A 0.02% 79 $25K No change
EFA iShares MSCI Eafe ETF 0.02% 300 $25K No change
PFE Pfizer Inc. 0.02% 955 $24K No change
SHEL Shell PLC-ADR 0.02% 323 $24K No change
NVDA Nvidia Corp. 0.02% 207 $22K No change
KLAC KLA Corp. 0.02% 33 $22K No change
MA Mastercard Inc. Class A 0.01% 38 $21K No change
ORLY O'reilly Automotive Inc. 0.01% 14 $20K No change
IGF iShares Global Infrastructur 0.01% 345 $19K No change
TECK Teck Resources Ltd.-CLS B 0.01% 500 $18K No change
TM Toyota Motor Corp. -Spon ADR 0.01% 100 $18K No change
NOW ServiceNow Inc. 0.01% 21 $17K No change
NEE Nextera Energy Inc. 0.01% 235 $17K No change
AMGN Amgen Inc. 0.01% 45 $14K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 21 $14K No change
CVE Cenovus Energy Inc. 0.01% 960 $13K No change
MMM 3M Co. 0.01% 87 $13K New
NVO Novo-Nordisk A/S-Spons ADR 0.01% 169 $12K No change
INTC Intel Corp. 0.01% 500 $11K No change
BB Blackberry Ltd. 0.01% 2,712 $10K New
OVV Ovintiv Inc. 0.01% 238 $10K No change
AFRM Affirm Holdings Inc. 0.01% 200 $9K No change
CP Canadian Pacific Kansas City 0.01% 125 $9K No change
TSM Taiwan Semiconductor-SP ADR 0.01% 45 $7K No change
MRSH Marsh & McLennan Cos 0.01% 29 $7K No change
NXE Nexgen Energy Ltd. 0.00% 1,409 $6K No change
CME Cme Group Inc. 0.00% 12 $3K No change
COR Cencora Inc. 0.00% 10 $3K No change
WAT Waters Corp. 0.00% 7 $3K No change
BTI British American Tob-SP ADR 0.00% 60 $2K No change
RACE Ferrari NV 0.00% 5 $2K No change
MLM Martin Marietta Materials 0.00% 4 $2K No change
AME Ametek Inc. 0.00% 10 $2K No change
XYZ Block Inc. 0.00% 28 $2K No change
ATR Aptargroup Inc. 0.00% 10 $1K No change
DHR Danaher Corp. 0.00% 7 $1K No change
NKE Nike Inc. Class B 0.00% 15 $952 No change
ANF Abercrombie & Fitch Co. Class A 0.00% 8 $611 No change
DG Dollar General Corp. 0.00% 5 $440 No change
C Citigroup Inc. 0.00% 5 $355 No change
ZIMV Zimvie Inc. 0.00% 30 $324 No change
HBM Hudbay Minerals Inc. 0.00% 2 $15 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $3K (not counted above)
SecurityClassShares / PrincipalValueChange
SKYH.WS Yellowstone Acquisit A -CW25 *W EXP 01/25/202 990$3KNo change

Total filed on the 13F, all lines: $138.8M.

Portfolio Sells Q4 2024 → Q1 2025
TAC Transalta Corp. Reduce -2.1% 1.48% −0.78
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -3.2% 4.55% −0.41
TFII Tfi International Inc. Reduce -86.1% 0.04% −0.40
MTUM iShares MSCI USA Momentum Fa Reduce -5.2% 4.92% −0.34
IMO Imperial Oil Ltd. Reduce -92.9% 0.03% −0.29
MOAT Vaneck Morningstar Wide Moat Reduce -2.6% 3.90% −0.28
EGO Eldorado Gold Corp. Sold out 0.00% −0.27
CLS Celestica Inc. Reduce -22.7% 0.54% −0.27
BAM Brookfield Asset Mgmt-A Reduce -1.1% 1.65% −0.20
VTI VG Morningstar TS MKT ETF-US Reduce -5.0% 1.64% −0.16
DVA Davita Inc. Reduce -52.0% 0.07% −0.07
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.7% 2.50% −0.05
DLS Wisdomtree Intl S/C DVD Fund Reduce -45.1% 0.06% −0.04
BEP Brookfield Renewable Partner Reduce -0.2% 1.82% −0.03
BCE Bce Inc. Reduce -7.6% 0.43% −0.03
CMCSA Comcast Corp. Class A Sold out 0.00% −0.03
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -0.6% 2.66% −0.01
COF Capital One Financial Corp. Sold out 0.00% −0.01
HDV iShares Core High Dividend E Reduce -6.9% 0.55% +0.01
WCN Waste Connections Inc. Reduce -2.2% 0.66% +0.07
EFAV iShares MSCI Eafe Min Vol Fa Reduce -1.6% 0.91% +0.08
IEMG iShares Core MSCI Emerging Reduce -0.6% 3.15% +0.11
FTS Fortis Inc. Reduce -2.5% 1.97% +0.15
IVLU iShares MSCI International V Reduce -3.0% 1.83% +0.16
IMTM iShares MSCI Intl Momentum F Reduce -0.9% 3.04% +0.19
ACWV iShares MSCI Global Min Vol Reduce -0.4% 6.94% +0.46

Portfolio Buys Q4 2024 → Q1 2025
ORLA Orla Mining Ltd. New 0.46% +0.46
BMO Bank of Montreal Add +678.4% 0.39% +0.34
TD Toronto-Dominion Bank Add +1.0% 1.79% +0.23
IQLT iShares MSCI International Q Add +1.2% 2.60% +0.22
GRTUF Granite Real Estate Investme Add +11.9% 1.79% +0.14
AMT American Tower Corp. Add +9.3% 0.51% +0.12
IAU iShares Gold Trust Add +1.5% 0.33% +0.06
QSR Restaurant Brands Intern Add +10.2% 0.38% +0.05
SHOP Shopify Inc. Class A Add +26.0% 0.38% +0.05
SSRM SSR Mining Inc. New 0.03% +0.03
SYY Sysco Corp. New 0.03% +0.03
SII Sprott Inc. New 0.02% +0.02
REET iShares Global REIT ETF Add +41.1% 0.07% +0.02
MO Altria Group Inc. Add +17.3% 0.05% +0.01
MPC Marathon Petroleum Corp. Add +36.2% 0.04% +0.01
COP Conocophillips Add +40.6% 0.03% +0.01
IBM Intl Business Machines Corp. Add +20.8% 0.04% +0.01
MMM 3M Co. New 0.01% +0.01
BMY Bristol-Myers Squibb Co. Add +20.3% 0.04% +0.01
BB Blackberry Ltd. New 0.01% +0.01
LMT Lockheed Martin Corp. Add +28.7% 0.04% +0.01
ORCL Oracle Corp. Add +6.0% 0.13% −0.01
RCI Rogers Communications Inc. Class B Add +2.2% 0.14% −0.02
BN Brookfield Corp. Add +6.6% 4.32% −0.08
MSFT Microsoft Corp. Add +1.3% 1.02% −0.10
QUAL iShares MSCI USA Quality Fac Add +0.0% 3.15% −0.10
BNS Bank of Nova Scotia Add +1.3% 1.09% −0.11
RY Royal Bank of Canada Add +0.6% 2.66% −0.14
BIP Brookfield Infrastructure Pa Add +0.5% 3.06% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 213$184.2MACWV, MTUM, VBR, BN, RY
Q1 2026 237$168.9MACWV, MTUM, VBR, BN, RY
Q4 2025 215$172.6MACWV, MTUM, BN, VBR, MOAT
Q3 2025 212$165.5MACWV, MTUM, BN, VBR, MOAT
Q2 2025 214$155.5MACWV, MTUM, BN, VBR, MOAT
Q1 2025 207$138.8MACWV, MTUM, VBR, BN, MOAT
Q4 2024 204$140.1MACWV, MTUM, VBR, BN, MOAT
Q3 2024 200$153.3MACWV, MTUM, VBR, MOAT, BN
Q2 2024 208$141.5MACWV, MTUM, VBR, MOAT, IEMG
Q1 2024 213$144.1MMTUM, VBR, ACWV, QUAL, IEMG