Value Partners Investments Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Value Partners Investments Inc. reported 104 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Canadian Natl Railway (CNI, 5.1%) and Sun Life Financial (SLF, 5.0%). Compared with Q1 2026, it opened 4 new positions, sold out of 6, added to 53 and reduced 40. The biggest buy was Home Depot (HD, shares +107%) and the biggest sale an exit from CVS Health (CVS).
- Most Recent 13F
- Q2 2026
- Location
- WINNIPEG, A2
- CIK
- 0001800916
- Portfolio Value
- $1.4B (Q2 2026)
- SEC Filing
- 0001062993-26-003682 ↗ filed Jul 15, 2026
Holdings Value
Holdings 104 stocks · $1.4B
| MSFT Microsoft Corp. | 6.44% | 247,817 | $92.3M | Add +29.1% |
| CNI Canadian Natl Railway Co. | 5.05% | 607,648 | $72.4M | Add +0.3% |
| SLF Sun Life Financial Inc. | 5.04% | 921,226 | $72.2M | Reduce -18.2% |
| CRM Salesforce Inc. | 4.83% | 442,226 | $69.2M | Add +14.2% |
| HD Home Depot Inc. | 4.72% | 192,166 | $67.7M | Add +106.8% |
| V Visa Inc. Class A | 4.63% | 193,666 | $66.3M | Add +70.4% |
| ADP Automatic Data Processing | 4.63% | 296,491 | $66.3M | Add +63.5% |
| MA Mastercard Inc. Class A | 4.52% | 126,217 | $64.7M | Add +97.7% |
| CP Canadian Pacific Kansas City | 4.38% | 724,607 | $62.7M | Add +0.2% |
| MFC Manulife Financial Corp. | 4.29% | 1,517,412 | $61.4M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 4.22% | 169,507 | $60.5M | Reduce -20.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 4.12% | 679,868 | $59.0M | Reduce -16.2% |
| AMZN Amazon.com Inc. | 4.05% | 244,050 | $58.1M | Reduce -2.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 3.81% | 474,658 | $54.6M | Reduce -22.5% |
| OTEX Open Text Corp. | 3.73% | 2,415,779 | $53.4M | Add +0.1% |
| RCI Rogers Communications Inc. Class B | 3.68% | 1,622,847 | $52.7M | Reduce -0.3% |
| ACN Accenture PLC Class A | 3.52% | 405,346 | $50.4M | Add +56.9% |
| RY Royal Bank of Canada | 3.30% | 228,376 | $47.2M | Reduce -29.5% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 2.95% | 239,642 | $42.3M | Reduce -45.6% |
| FMX Fomento Economico Mex-SP ADR | 1.12% | 125,783 | $16.1M | Reduce -8.3% |
| UBS UBS Group AG-Reg | 0.83% | 238,892 | $11.8M | Reduce -0.5% |
| RACE Ferrari NV | 0.78% | 30,120 | $11.2M | Add +0.2% |
| AZN Astrazeneca PLC | 0.76% | 58,251 | $10.9M | Reduce -0.3% |
| SAP Sap SE-Sponsored ADR | 0.71% | 66,045 | $10.2M | Add +3.3% |
| YUMC Yum China Holdings Inc. | 0.67% | 235,975 | $9.6M | Reduce -0.3% |
| MDT Medtronic PLC | 0.57% | 105,000 | $8.2M | Reduce -0.3% |
| HDB HDFC Bank Ltd.-ADR | 0.53% | 293,129 | $7.6M | Reduce -0.3% |
| KLAC KLA Corp. | 0.44% | 21,121 | $6.4M | Add +111.4% |
| TD Toronto-Dominion Bank | 0.44% | 51,562 | $6.3M | Add +1.1% |
| FTS Fortis Inc. | 0.37% | 91,676 | $5.2M | Reduce -7.2% |
| UNH Unitedhealth Group Inc. | 0.29% | 10,035 | $4.2M | Reduce -17.2% |
| TGT Target Corp. | 0.28% | 30,400 | $4.0M | Reduce -30.9% |
| PFE Pfizer Inc. | 0.28% | 164,000 | $3.9M | No change |
| AMAT Applied Materials Inc. | 0.27% | 5,364 | $3.9M | Reduce -40.8% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 63,500 | $3.7M | Reduce -0.7% |
| PEP Pepsico Inc. | 0.25% | 26,990 | $3.6M | Reduce -0.2% |
| VZ Verizon Communications Inc. | 0.25% | 85,597 | $3.6M | Reduce -7.6% |
| LLY Eli Lilly & Co. | 0.25% | 2,976 | $3.6M | Reduce -1.4% |
| AMT American Tower Corp. | 0.24% | 21,199 | $3.5M | No change |
| GE General Electric filed as GE AEROSPACE | 0.24% | 9,216 | $3.4M | Add +0.1% |
| SPGI S&P Global Inc. | 0.24% | 8,400 | $3.4M | No change |
| TRGP Targa Resources Corp. | 0.24% | 12,639 | $3.4M | Reduce -14.2% |
| APH Amphenol Corp. Class A | 0.23% | 18,587 | $3.3M | Reduce -0.7% |
| DEO Diageo PLC-Sponsored ADR | 0.23% | 40,214 | $3.2M | No change |
| IBKR Interactive Brokers Gro Class A | 0.22% | 36,757 | $3.2M | Reduce -17.9% |
| WAB Wabtec Corp. | 0.21% | 11,356 | $3.1M | Reduce -19.3% |
| TT Trane Technologies PLC | 0.21% | 6,177 | $3.0M | Reduce -17.5% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.21% | 42,878 | $3.0M | New |
| HWM Howmet Aerospace Inc. | 0.21% | 11,110 | $3.0M | New |
| EME Emcor Group Inc. | 0.21% | 3,567 | $3.0M | New |
| CTAS Cintas Corp. | 0.20% | 16,977 | $2.9M | Add +21.3% |
| COST Costco Wholesale Corp. | 0.20% | 3,078 | $2.9M | New |
| VRSK Verisk Analytics Inc. | 0.20% | 16,016 | $2.9M | Add +16.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 5,738 | $2.9M | Add +13.4% |
| WMT Walmart Inc. | 0.20% | 25,244 | $2.9M | Add +1.5% |
| MCK McKesson Corp. | 0.19% | 3,648 | $2.8M | Add +0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 5,425 | $2.7M | Reduce -47.5% |
| MSCI MSCI Inc. | 0.19% | 4,804 | $2.7M | Reduce -0.9% |
| AVGO Broadcom Inc. | 0.18% | 7,011 | $2.6M | Reduce -21.9% |
| CPB The Campbell's Company | 0.18% | 117,000 | $2.6M | No change |
| TFII Tfi International Inc. | 0.18% | 18,019 | $2.6M | Add +1.3% |
| GIS General Mills Inc. | 0.18% | 73,000 | $2.5M | No change |
| ENB Enbridge Inc. | 0.17% | 45,668 | $2.5M | Add +1.6% |
| BN Brookfield Corp. | 0.17% | 56,554 | $2.4M | Add +4.5% |
| MRK Merck & Co. Inc. | 0.17% | 18,475 | $2.4M | Add +5.9% |
| BIP Brookfield Infrastructure Pa | 0.15% | 60,033 | $2.2M | Add +10.8% |
| WPM Wheaton Precious Metals Corp. | 0.15% | 19,261 | $2.2M | Add +3.7% |
| AME Ametek Inc. | 0.15% | 8,951 | $2.2M | Add +3.2% |
| CNQ Canadian Natural Resources | 0.14% | 51,260 | $2.0M | Add +2.4% |
| DHR Danaher Corp. | 0.14% | 10,411 | $2.0M | Add +38.4% |
| NVS Novartis AG-Sponsored ADR | 0.14% | 12,450 | $1.9M | Add +2.7% |
| LIN Linde PLC | 0.12% | 3,437 | $1.8M | Add +20.3% |
| AON Aon PLC Class A | 0.12% | 5,353 | $1.8M | Add +18.6% |
| ICE Intercontinental Exchange Inc. | 0.12% | 14,279 | $1.8M | Add +4.0% |
| DE Deere & Co. | 0.12% | 2,747 | $1.7M | Add +17.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.12% | 3,576 | $1.7M | Reduce -3.4% |
| SPOT Spotify Technology SA | 0.12% | 3,596 | $1.6M | Add +2.4% |
| HEI Heico Corp. | 0.11% | 4,581 | $1.6M | Add +54.9% |
| TXN Texas Instruments Inc. | 0.11% | 5,299 | $1.6M | Add +1.9% |
| UL Unilever PLC-Sponsored ADR | 0.11% | 26,001 | $1.6M | Add +18.4% |
| CSCO Cisco Systems Inc. | 0.11% | 13,273 | $1.6M | Reduce -26.6% |
| VLTO Veralto Corp. | 0.10% | 16,248 | $1.4M | Add +39.8% |
| DPZ Domino's Pizza Inc. | 0.10% | 4,620 | $1.4M | Add +53.3% |
| BDX Becton Dickinson and Co. | 0.09% | 8,903 | $1.3M | Add +18.0% |
| ALC Alcon Inc. filed as ALCON AG | 0.08% | 17,965 | $1.2M | Add +135.3% |
| WM Waste Management Inc. | 0.08% | 5,109 | $1.1M | Add +42.6% |
| MEOH Methanex Corp. | 0.07% | 23,063 | $1.1M | Add +5.9% |
| BGSI Boyd Group Services Inc. | 0.07% | 10,658 | $1.0M | Add +7.6% |
| MGA Magna International Inc. | 0.07% | 14,579 | $957K | Reduce -21.3% |
| TSLA Tesla Inc. | 0.06% | 2,141 | $899K | Reduce -4.9% |
| HON Honeywell International Inc. | 0.06% | 3,893 | $870K | Add +10.1% |
| AQN Algonquin Power & Utilities | 0.05% | 119,645 | $702K | Add +19.9% |
| TRI Thomson Reuters Corp. | 0.05% | 8,372 | $682K | Add +35.4% |
| TRP TC Energy Corp. | 0.04% | 9,568 | $632K | Reduce -4.2% |
| BSY Bentley Systems Inc. Class B | 0.04% | 20,196 | $603K | No change |
| ROP Roper Technologies Inc. | 0.04% | 1,529 | $517K | Add +3.9% |
| AAPL Apple Inc. | 0.04% | 1,751 | $506K | Add +7.4% |
| DSGX The Descartes Systems Grp | 0.03% | 6,972 | $482K | Add +3.2% |
| META Meta Platforms Inc. Class A | 0.03% | 851 | $479K | Add +4.2% |
| HONA Honeywell Aerospace Inc. | 0.03% | 1,966 | $434K | Reduce -44.4% |
Portfolio Sells Q1 2026 → Q2 2026
| CVS CVS Health Corp. | Sold out | 0.00% | −2.96 |
| BMO Bank of Montreal | Reduce -45.6% | 2.95% | −1.59 |
| RCI Rogers Communications Inc. Class B | Reduce -0.3% | 3.68% | −1.08 |
| RY Royal Bank of Canada | Reduce -29.5% | 3.30% | −0.69 |
| CM Can Imperial BK of Commerce | Reduce -22.5% | 3.81% | −0.61 |
| GOOGL Alphabet Inc. Class A | Reduce -20.7% | 4.22% | −0.47 |
| SLF Sun Life Financial Inc. | Reduce -18.2% | 5.04% | −0.33 |
| YUMC Yum China Holdings Inc. | Reduce -0.3% | 0.67% | −0.21 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Reduce -47.5% | 0.19% | −0.20 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.20 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.19 |
| BNS Bank of Nova Scotia | Reduce -16.2% | 4.12% | −0.17 |
| TGT Target Corp. | Reduce -30.9% | 0.28% | −0.13 |
| MDT Medtronic PLC | Reduce -0.3% | 0.57% | −0.12 |
| AZN Astrazeneca PLC | Reduce -0.3% | 0.76% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -7.6% | 0.25% | −0.10 |
| PEP Pepsico Inc. | Reduce -0.2% | 0.25% | −0.07 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.06 |
| WAB Wabtec Corp. | Reduce -19.3% | 0.21% | −0.05 |
| FTS Fortis Inc. | Reduce -7.2% | 0.37% | −0.05 |
| TRGP Targa Resources Corp. | Reduce -14.2% | 0.24% | −0.05 |
| FMX Fomento Economico Mex-SP ADR | Reduce -8.3% | 1.12% | −0.04 |
| HDB HDFC Bank Ltd.-ADR | Reduce -0.3% | 0.53% | −0.03 |
| HONA Honeywell Aerospace Inc. | Reduce -44.4% | 0.03% | −0.03 |
| AVGO Broadcom Inc. | Reduce -21.9% | 0.18% | −0.03 |
| TT Trane Technologies PLC | Reduce -17.5% | 0.21% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.7% | 0.26% | −0.03 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.02 |
| SU Suncor Energy Inc. | Reduce -19.4% | 0.02% | −0.02 |
| MGA Magna International Inc. | Reduce -21.3% | 0.07% | −0.01 |
| MSCI MSCI Inc. | Reduce -0.9% | 0.19% | −0.01 |
| IBKR Interactive Brokers Gro Class A | Reduce -17.9% | 0.22% | −0.01 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -9.8% | 0.02% | −0.00 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -7.3% | 0.02% | −0.00 |
| TRP TC Energy Corp. | Reduce -4.2% | 0.04% | −0.00 |
| TSLA Tesla Inc. | Reduce -4.9% | 0.06% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -26.6% | 0.11% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.4% | 0.12% | +0.02 |
| AMAT Applied Materials Inc. | Reduce -40.8% | 0.27% | +0.03 |
| LLY Eli Lilly & Co. | Reduce -1.4% | 0.25% | +0.04 |
| UNH Unitedhealth Group Inc. | Reduce -17.2% | 0.29% | +0.04 |
| APH Amphenol Corp. Class A | Reduce -0.7% | 0.23% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -2.7% | 4.05% | +0.07 |
| UBS UBS Group AG-Reg | Reduce -0.5% | 0.83% | +0.11 |
| MFC Manulife Financial Corp. | Reduce -0.1% | 4.29% | +0.31 |
Portfolio Buys Q1 2026 → Q2 2026
| HD Home Depot Inc. | Add +106.8% | 4.72% | +2.39 |
| MA Mastercard Inc. Class A | Add +97.7% | 4.52% | +2.08 |
| V Visa Inc. Class A | Add +70.4% | 4.63% | +2.01 |
| ADP Automatic Data Processing | Add +63.5% | 4.63% | +1.82 |
| MSFT Microsoft Corp. | Add +29.1% | 6.44% | +1.02 |
| KLAC KLA Corp. | Add +111.4% | 0.44% | +0.33 |
| CNI Canadian Natl Railway Co. | Add +0.3% | 5.05% | +0.30 |
| WRB WR Berkley Corp. | New | 0.21% | +0.21 |
| HWM Howmet Aerospace Inc. | New | 0.21% | +0.21 |
| EME Emcor Group Inc. | New | 0.21% | +0.21 |
| COST Costco Wholesale Corp. | New | 0.20% | +0.20 |
| TD Toronto-Dominion Bank | Add +1.1% | 0.44% | +0.07 |
| HEI Heico Corp. | Add +54.9% | 0.11% | +0.05 |
| CP Canadian Pacific Kansas City | Add +0.2% | 4.38% | +0.05 |
| GE General Electric | Add +0.1% | 0.24% | +0.04 |
| ALC Alcon Inc. | Add +135.3% | 0.08% | +0.04 |
| TFII Tfi International Inc. | Add +1.3% | 0.18% | +0.03 |
| TXN Texas Instruments Inc. | Add +1.9% | 0.11% | +0.03 |
| DHR Danaher Corp. | Add +38.4% | 0.14% | +0.03 |
| VLTO Veralto Corp. | Add +39.8% | 0.10% | +0.02 |
| CTAS Cintas Corp. | Add +21.3% | 0.20% | +0.02 |
| DE Deere & Co. | Add +17.1% | 0.12% | +0.02 |
| WM Waste Management Inc. | Add +42.6% | 0.08% | +0.02 |
| LIN Linde PLC | Add +20.3% | 0.12% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +13.4% | 0.20% | +0.02 |
| UL Unilever PLC-Sponsored ADR | Add +18.4% | 0.11% | +0.01 |
| DPZ Domino's Pizza Inc. | Add +53.3% | 0.10% | +0.01 |
| AON Aon PLC Class A | Add +18.6% | 0.12% | +0.01 |
| AME Ametek Inc. | Add +3.2% | 0.15% | +0.01 |
| MRK Merck & Co. Inc. | Add +5.9% | 0.17% | +0.01 |
| TRI Thomson Reuters Corp. | Add +35.4% | 0.05% | +0.00 |
| RACE Ferrari NV | Add +0.2% | 0.78% | +0.00 |
| BIP Brookfield Infrastructure Pa | Add +10.8% | 0.15% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +3.6% | 0.03% | +0.00 |
| AAPL Apple Inc. | Add +7.4% | 0.04% | +0.00 |
| BDX Becton Dickinson and Co. | Add +18.0% | 0.09% | +0.00 |
| AQN Algonquin Power & Utilities | Add +19.9% | 0.05% | +0.00 |
| VRSK Verisk Analytics Inc. | Add +16.3% | 0.20% | +0.00 |
| BN Brookfield Corp. | Add +4.5% | 0.17% | +0.00 |
| META Meta Platforms Inc. Class A | Add +4.2% | 0.03% | −0.00 |
| DSGX The Descartes Systems Grp | Add +3.2% | 0.03% | −0.00 |
| ROP Roper Technologies Inc. | Add +3.9% | 0.04% | −0.00 |
| NVS Novartis AG-Sponsored ADR | Add +2.7% | 0.14% | −0.01 |
| ENB Enbridge Inc. | Add +1.6% | 0.17% | −0.01 |
| SPOT Spotify Technology SA | Add +2.4% | 0.12% | −0.01 |
| MEOH Methanex Corp. | Add +5.9% | 0.07% | −0.02 |
| BGSI Boyd Group Services Inc. | Add +7.6% | 0.07% | −0.03 |
| WPM Wheaton Precious Metals Corp. | Add +3.7% | 0.15% | −0.03 |
| WMT Walmart Inc. | Add +1.5% | 0.20% | −0.04 |
| ICE Intercontinental Exchange Inc. | Add +4.0% | 0.12% | −0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 104 | $1.4B | MSFT, CNI, SLF, CRM, HD |
| Q1 2026 | 105 | $1.3B | CRM, MSFT, SLF, RCI, CNI |
| Q4 2025 | 100 | $1.3B | GOOGL, BNS, CM, SLF, RCI |
| Q3 2025 | 101 | $1.2B | OTEX, RCI, GOOGL, BNS, CM |
| Q2 2025 | 101 | $1.3B | GOOGL, OTEX, SLF, RCI, BNS |
| Q1 2025 | 100 | $1.2B | CVS, GOOGL, SLF, UPS, RCI |
| Q4 2024Amended | 77 | $177.2M | GOOGL, TD, CSCO, SLF, BNS |
| Q3 2024Amended | 89 | $1.2B | CSCO, UPS, OTEX, BNS, CVS |
| Q2 2024Amended | 86 | $1.2B | CSCO, SLF, CVS, UPS, OTEX |
| Q1 2024Amended | 82 | $1.2B | CSCO, CVS, OTEX, SLF, RY |