Value Partners Investments Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed February 21, 2025), Value Partners Investments Inc. reported 82 stock positions worth $1.2 billion. Its top holding was Cisco Systems (CSCO) at 6.5% of the portfolio, followed by CVS Health (CVS, 6.5%) and Open Text (OTEX, 6.2%). Compared with Q4 2023, it opened 5 new positions, added to 49 and reduced 27. The biggest buy was Magna International (MGA, shares +79%) and the biggest sale Home Depot (HD, shares −49%).
- Most Recent 13F
- Q3 2026
- Location
- WINNIPEG, A2
- CIK
- 0001800916
- Portfolio Value
- $1.2B (Q1 2024)
- SEC Filing
- 0001062993-25-003132 ↗ filed Feb 21, 2025
Holdings Value
Holdings 82 stocks · $1.2B
| CSCO Cisco Systems Inc. | 6.53% | 1,602,273 | $79.9M | Add +0.0% |
| CVS CVS Health Corp. | 6.49% | 995,585 | $79.3M | Add +0.1% |
| OTEX Open Text Corp. | 6.19% | 1,950,745 | $75.7M | Reduce -0.1% |
| SLF Sun Life Financial Inc. | 6.19% | 1,386,932 | $75.7M | Reduce -1.7% |
| RY Royal Bank of Canada | 6.18% | 749,824 | $75.6M | Reduce -1.2% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 6.06% | 759,153 | $74.1M | Reduce -2.0% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 6.06% | 1,461,631 | $74.1M | Reduce -12.9% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 6.01% | 1,420,209 | $73.4M | Reduce -1.0% |
| TD Toronto-Dominion Bank | 5.77% | 1,169,121 | $70.5M | Add +0.6% |
| RCI Rogers Communications Inc. Class B | 5.35% | 1,596,020 | $65.4M | Reduce -2.1% |
| UPS United Parcel Service Class B | 5.16% | 425,179 | $63.1M | Add +0.0% |
| ORCL Oracle Corp. | 4.62% | 449,995 | $56.5M | Reduce -19.6% |
| EA Electronic Arts Inc. | 3.49% | 321,769 | $42.6M | Reduce -0.1% |
| FDX FedEx Corp. | 3.42% | 144,684 | $41.9M | Reduce -0.3% |
| MGA Magna International Inc. | 3.20% | 717,764 | $39.1M | Add +79.1% |
| CNI Canadian Natl Railway Co. | 2.77% | 257,170 | $33.9M | Add +0.3% |
| CP Canadian Pacific Kansas City | 2.56% | 355,752 | $31.4M | Add +0.1% |
| MSFT Microsoft Corp. | 1.71% | 49,773 | $20.9M | Reduce -43.1% |
| HD Home Depot Inc. | 1.59% | 50,783 | $19.5M | Reduce -49.3% |
| UBS UBS Group AG-Reg | 0.65% | 260,881 | $8.0M | Reduce -0.8% |
| YUMC Yum China Holdings Inc. | 0.62% | 190,950 | $7.6M | Add +11.7% |
| MDT Medtronic PLC | 0.58% | 81,383 | $7.1M | Add +0.0% |
| MRK Merck & Co. Inc. | 0.53% | 48,972 | $6.5M | Reduce -22.0% |
| UNH Unitedhealth Group Inc. | 0.47% | 11,522 | $5.7M | Add +6.0% |
| VZ Verizon Communications Inc. | 0.43% | 126,068 | $5.3M | Reduce -0.1% |
| FTS Fortis Inc. | 0.43% | 132,635 | $5.2M | Add +0.3% |
| MMM 3M Co. | 0.42% | 48,535 | $5.1M | Reduce -0.1% |
| AMT American Tower Corp. | 0.41% | 25,303 | $5.0M | Reduce -19.6% |
| CMCSA Comcast Corp. Class A | 0.37% | 103,824 | $4.5M | Add +0.1% |
| SBUX Starbucks Corp. | 0.35% | 46,916 | $4.3M | Reduce -20.6% |
| INFY Infosys Ltd.-SP ADR | 0.35% | 238,000 | $4.3M | Reduce -9.5% |
| DEO Diageo PLC-Sponsored ADR | 0.33% | 27,217 | $4.0M | Add +0.2% |
| HSY The Hershey Co. | 0.25% | 15,967 | $3.1M | Add +1.0% |
| V Visa Inc. Class A | 0.25% | 10,756 | $3.0M | Add +11.6% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 4,131 | $2.4M | Add +8.4% |
| ROP Roper Technologies Inc. | 0.19% | 4,063 | $2.3M | Add +9.2% |
| LOW Lowe's Cos Inc. | 0.18% | 8,408 | $2.1M | Add +8.7% |
| CTAS Cintas Corp. | 0.17% | 3,033 | $2.1M | Add +8.2% |
| MA Mastercard Inc. Class A | 0.16% | 4,147 | $2.0M | Add +9.1% |
| GOOGL Alphabet Inc. Class A | 0.16% | 12,569 | $1.9M | Add +10.9% |
| BSY Bentley Systems Inc. Class B | 0.15% | 34,608 | $1.8M | Reduce -1.1% |
| SHW The Sherwin-Williams Co. | 0.15% | 5,139 | $1.8M | Add +8.2% |
| AMAT Applied Materials Inc. | 0.14% | 8,402 | $1.7M | Reduce -12.5% |
| INTU Intuit Inc. | 0.14% | 2,591 | $1.7M | Add +9.3% |
| AVGO Broadcom Inc. | 0.14% | 1,262 | $1.7M | Reduce -14.5% |
| CSX CSX Corp. | 0.14% | 44,669 | $1.7M | Add +9.0% |
| MCK McKesson Corp. | 0.13% | 3,074 | $1.6M | New |
| MCO Moody's Corp. | 0.13% | 4,191 | $1.6M | Add +8.9% |
| MRSH Marsh & McLennan Cos | 0.13% | 7,808 | $1.6M | New |
| CARR Carrier Global Corp. | 0.13% | 27,319 | $1.6M | Add +8.8% |
| CTVA Corteva Inc. | 0.13% | 27,226 | $1.6M | Add +11.0% |
| MCHP Microchip Technology Inc. | 0.13% | 17,256 | $1.5M | Add +9.4% |
| ENB Enbridge Inc. | 0.13% | 42,317 | $1.5M | Reduce -1.1% |
| MSCI MSCI Inc. | 0.12% | 2,650 | $1.5M | Add +9.4% |
| ALLE Allegion PLC | 0.12% | 11,002 | $1.5M | Add +8.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 3,500 | $1.5M | Add +3.5% |
| ZTS Zoetis Inc. | 0.11% | 8,127 | $1.4M | Add +9.6% |
| ICE Intercontinental Exchange Inc. | 0.08% | 7,509 | $1.0M | Add +10.8% |
| TFII Tfi International Inc. | 0.08% | 5,818 | $927K | Add +9.5% |
| BN Brookfield Corp. | 0.07% | 21,740 | $909K | Add +11.4% |
| CNQ Canadian Natural Resources | 0.07% | 11,036 | $842K | Add +9.9% |
| WPM Wheaton Precious Metals Corp. | 0.06% | 15,522 | $731K | Add +15.8% |
| AAPL Apple Inc. | 0.06% | 4,091 | $701K | Add +3.0% |
| SAP Sap SE-Sponsored ADR | 0.05% | 3,047 | $594K | Add +10.4% |
| HON Honeywell International Inc. | 0.04% | 2,428 | $498K | Add +15.4% |
| TRI Thomson Reuters Corp. | 0.04% | 2,885 | $449K | Reduce -24.8% |
| TXN Texas Instruments Inc. | 0.03% | 2,408 | $419K | Add +10.7% |
| AME Ametek Inc. | 0.03% | 2,136 | $390K | New |
| NVS Novartis AG-Sponsored ADR | 0.03% | 3,815 | $369K | Add +6.5% |
| UL Unilever PLC | 0.03% | 7,059 | $354K | Add +12.0% |
| BCE Bce Inc. | 0.03% | 10,295 | $350K | Reduce -1.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.03% | 6,541 | $335K | Add +44.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.03% | 2,862 | $331K | Add +44.5% |
| BDX Becton Dickinson and Co. | 0.03% | 1,313 | $325K | Add +20.4% |
| VET Vermilion Energy Inc. | 0.03% | 25,694 | $319K | No change |
| INTC Intel Corp. | 0.03% | 7,122 | $314K | Add +19.1% |
| DHR Danaher Corp. | 0.03% | 1,244 | $310K | Add +18.5% |
| MFC Manulife Financial Corp. | 0.02% | 11,752 | $293K | Reduce -34.2% |
| TU Telus Corp. | 0.02% | 13,549 | $217K | Reduce -2.9% |
| SU Suncor Energy Inc. | 0.02% | 5,504 | $203K | New |
| MEOH Methanex Corp. | 0.02% | 4,511 | $201K | New |
| AQN Algonquin Power & Utilities | 0.01% | 18,338 | $116K | Add +31.8% |
Portfolio Sells Q4 2023 → Q1 2024
| HD Home Depot Inc. | Reduce -49.3% | 1.59% | −1.17 |
| MSFT Microsoft Corp. | Reduce -43.1% | 1.71% | −0.91 |
| RCI Rogers Communications Inc. Class B | Reduce -2.1% | 5.35% | −0.76 |
| CM Can Imperial BK of Commerce | Reduce -12.9% | 6.06% | −0.40 |
| OTEX Open Text Corp. | Reduce -0.1% | 6.19% | −0.38 |
| AMT American Tower Corp. | Reduce -19.6% | 0.41% | −0.13 |
| SBUX Starbucks Corp. | Reduce -20.6% | 0.35% | −0.10 |
| ORCL Oracle Corp. | Reduce -19.6% | 4.62% | −0.08 |
| BMO Bank of Montreal | Reduce -2.0% | 6.06% | −0.08 |
| INFY Infosys Ltd.-SP ADR | Reduce -9.5% | 0.35% | −0.04 |
| EA Electronic Arts Inc. | Reduce -0.1% | 3.49% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -22.0% | 0.53% | −0.02 |
| TRI Thomson Reuters Corp. | Reduce -24.8% | 0.04% | −0.01 |
| MFC Manulife Financial Corp. | Reduce -34.2% | 0.02% | −0.01 |
| BCE Bce Inc. | Reduce -1.3% | 0.03% | −0.00 |
| MMM 3M Co. | Reduce -0.1% | 0.42% | −0.00 |
| TU Telus Corp. | Reduce -2.9% | 0.02% | −0.00 |
| BSY Bentley Systems Inc. Class B | Reduce -1.1% | 0.15% | +0.00 |
| ENB Enbridge Inc. | Reduce -1.1% | 0.13% | +0.00 |
| AVGO Broadcom Inc. | Reduce -14.5% | 0.14% | +0.00 |
| UBS UBS Group AG-Reg | Reduce -0.8% | 0.65% | +0.01 |
| AMAT Applied Materials Inc. | Reduce -12.5% | 0.14% | +0.02 |
| RY Royal Bank of Canada | Reduce -1.2% | 6.18% | +0.04 |
| VZ Verizon Communications Inc. | Reduce -0.1% | 0.43% | +0.05 |
| SLF Sun Life Financial Inc. | Reduce -1.7% | 6.19% | +0.33 |
| BNS Bank of Nova Scotia | Reduce -1.0% | 6.01% | +0.42 |
| FDX FedEx Corp. | Reduce -0.3% | 3.42% | +0.50 |
Portfolio Buys Q4 2023 → Q1 2024
| MGA Magna International Inc. | Add +79.1% | 3.20% | +1.30 |
| CP Canadian Pacific Kansas City | Add +0.1% | 2.56% | +0.31 |
| CVS CVS Health Corp. | Add +0.1% | 6.49% | +0.23 |
| CNI Canadian Natl Railway Co. | Add +0.3% | 2.77% | +0.19 |
| MCK McKesson Corp. | New | 0.13% | +0.13 |
| MRSH Marsh & McLennan Cos | New | 0.13% | +0.13 |
| CSCO Cisco Systems Inc. | Add +0.0% | 6.53% | +0.08 |
| MDT Medtronic PLC | Add +0.0% | 0.58% | +0.05 |
| V Visa Inc. Class A | Add +11.6% | 0.25% | +0.04 |
| YUMC Yum China Holdings Inc. | Add +11.7% | 0.62% | +0.04 |
| LOW Lowe's Cos Inc. | Add +8.7% | 0.18% | +0.04 |
| CTAS Cintas Corp. | Add +8.2% | 0.17% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +8.4% | 0.20% | +0.03 |
| CTVA Corteva Inc. | Add +11.0% | 0.13% | +0.03 |
| MA Mastercard Inc. Class A | Add +9.1% | 0.16% | +0.03 |
| AME Ametek Inc. | New | 0.03% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +10.9% | 0.16% | +0.03 |
| SHW The Sherwin-Williams Co. | Add +8.2% | 0.15% | +0.03 |
| ROP Roper Technologies Inc. | Add +9.2% | 0.19% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.5% | 0.12% | +0.02 |
| CSX CSX Corp. | Add +9.0% | 0.14% | +0.02 |
| INTU Intuit Inc. | Add +9.3% | 0.14% | +0.02 |
| ALLE Allegion PLC | Add +8.5% | 0.12% | +0.02 |
| HSY The Hershey Co. | Add +1.0% | 0.25% | +0.02 |
| TFII Tfi International Inc. | Add +9.5% | 0.08% | +0.02 |
| SU Suncor Energy Inc. | New | 0.02% | +0.02 |
| MEOH Methanex Corp. | New | 0.02% | +0.02 |
| CNQ Canadian Natural Resources | Add +9.9% | 0.07% | +0.02 |
| DEO Diageo PLC-Sponsored ADR | Add +0.2% | 0.33% | +0.02 |
| ICE Intercontinental Exchange Inc. | Add +10.8% | 0.08% | +0.01 |
| SAP Sap SE-Sponsored ADR | Add +10.4% | 0.05% | +0.01 |
| CARR Carrier Global Corp. | Add +8.8% | 0.13% | +0.01 |
| MCO Moody's Corp. | Add +8.9% | 0.13% | +0.01 |
| MCHP Microchip Technology Inc. | Add +9.4% | 0.13% | +0.01 |
| BN Brookfield Corp. | Add +11.4% | 0.07% | +0.01 |
| MSCI MSCI Inc. | Add +9.4% | 0.12% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +6.0% | 0.47% | +0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +44.0% | 0.03% | +0.01 |
| IEI iShares 3-7 Year Treasury Bo | Add +44.5% | 0.03% | +0.01 |
| WPM Wheaton Precious Metals Corp. | Add +15.8% | 0.06% | +0.01 |
| DHR Danaher Corp. | Add +18.5% | 0.03% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +0.1% | 0.37% | +0.01 |
| HON Honeywell International Inc. | Add +15.4% | 0.04% | +0.01 |
| BDX Becton Dickinson and Co. | Add +20.4% | 0.03% | +0.01 |
| TXN Texas Instruments Inc. | Add +10.7% | 0.03% | +0.00 |
| UL Unilever PLC | Add +12.0% | 0.03% | +0.00 |
| AQN Algonquin Power & Utilities | Add +31.8% | 0.01% | +0.00 |
| INTC Intel Corp. | Add +19.1% | 0.03% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Add +6.5% | 0.03% | +0.00 |
| AAPL Apple Inc. | Add +3.0% | 0.06% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2026 | 103 | $1.4B | MSFT, GOOGL, ACN, SLF, MA |
| 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 |