Value Partners Investments Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed February 21, 2025), Value Partners Investments Inc. reported 86 stock positions worth $1.2 billion. Its top holding was Cisco Systems (CSCO) at 7.0% of the portfolio, followed by Sun Life Financial (SLF, 6.2%) and CVS Health (CVS, 6.1%). Compared with Q1 2024, it opened 6 new positions, sold out of 2, added to 50 and reduced 25. The biggest buy was Visa Class A (V, shares +566%) and the biggest sale Oracle (ORCL, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- WINNIPEG, A2
- CIK
- 0001800916
- Portfolio Value
- $1.2B (Q2 2024)
- SEC Filing
- 0001062993-25-003134 ↗ filed Feb 21, 2025
Holdings Value
Holdings 86 stocks · $1.2B
| CSCO Cisco Systems Inc. | 7.04% | 1,708,914 | $81.2M | Add +6.7% |
| SLF Sun Life Financial Inc. | 6.18% | 1,455,336 | $71.3M | Add +4.9% |
| CVS CVS Health Corp. | 6.10% | 1,190,922 | $70.3M | Add +19.6% |
| UPS United Parcel Service Class B | 6.04% | 509,430 | $69.7M | Add +19.8% |
| OTEX Open Text Corp. | 5.96% | 2,291,818 | $68.8M | Add +17.5% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 5.59% | 1,410,061 | $64.5M | Reduce -0.7% |
| TD Toronto-Dominion Bank | 5.56% | 1,166,491 | $64.1M | Reduce -0.2% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 5.52% | 758,157 | $63.6M | Reduce -0.1% |
| RCI Rogers Communications Inc. Class B | 5.45% | 1,699,541 | $62.8M | Add +6.5% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 5.11% | 1,240,082 | $58.9M | Reduce -15.2% |
| RY Royal Bank of Canada | 4.52% | 490,161 | $52.2M | Reduce -34.6% |
| EA Electronic Arts Inc. | 3.88% | 320,916 | $44.7M | Reduce -0.3% |
| MGA Magna International Inc. | 3.88% | 1,066,700 | $44.7M | Add +48.6% |
| FDX FedEx Corp. | 3.75% | 144,157 | $43.2M | Reduce -0.4% |
| ORCL Oracle Corp. | 2.78% | 226,841 | $32.0M | Reduce -49.6% |
| CNI Canadian Natl Railway Co. | 2.65% | 258,912 | $30.6M | Add +0.7% |
| HD Home Depot Inc. | 2.48% | 83,056 | $28.6M | Add +63.5% |
| CP Canadian Pacific Kansas City | 2.42% | 354,499 | $27.9M | Reduce -0.3% |
| MSFT Microsoft Corp. | 1.97% | 50,742 | $22.7M | Add +1.9% |
| V Visa Inc. Class A | 1.63% | 71,618 | $18.8M | Add +565.8% |
| SAP Sap SE-Sponsored ADR | 0.74% | 42,546 | $8.6M | Add +1296.3% |
| UBS UBS Group AG-Reg | 0.67% | 260,881 | $7.7M | No change |
| MDT Medtronic PLC | 0.59% | 86,389 | $6.8M | Add +6.2% |
| YUMC Yum China Holdings Inc. | 0.54% | 200,950 | $6.2M | Add +5.2% |
| UNH Unitedhealth Group Inc. | 0.51% | 11,597 | $5.9M | Add +0.7% |
| FTS Fortis Inc. | 0.45% | 134,740 | $5.2M | Add +1.6% |
| AMT American Tower Corp. | 0.38% | 22,655 | $4.4M | Reduce -10.5% |
| VZ Verizon Communications Inc. | 0.35% | 97,080 | $4.0M | Reduce -23.0% |
| INFY Infosys Ltd.-SP ADR | 0.34% | 212,000 | $3.9M | Reduce -10.9% |
| CMCSA Comcast Corp. Class A | 0.34% | 98,840 | $3.9M | Reduce -4.8% |
| SBUX Starbucks Corp. | 0.30% | 45,165 | $3.5M | Reduce -3.7% |
| DEO Diageo PLC-Sponsored ADR | 0.30% | 27,220 | $3.4M | Add +0.0% |
| MA Mastercard Inc. Class A | 0.29% | 7,633 | $3.4M | Add +84.1% |
| PEP Pepsico Inc. | 0.29% | 20,156 | $3.3M | New |
| HSY The Hershey Co. | 0.25% | 15,494 | $2.8M | Reduce -3.0% |
| GOOGL Alphabet Inc. Class A | 0.23% | 14,707 | $2.7M | Add +17.0% |
| TMO Thermo Fisher Scientific Inc. | 0.23% | 4,751 | $2.6M | Add +15.0% |
| LOW Lowe's Cos Inc. | 0.20% | 10,479 | $2.3M | Add +24.6% |
| MCK McKesson Corp. | 0.18% | 3,484 | $2.0M | Add +13.3% |
| INTU Intuit Inc. | 0.18% | 3,087 | $2.0M | Add +19.1% |
| CTVA Corteva Inc. | 0.17% | 37,145 | $2.0M | Add +36.4% |
| MCO Moody's Corp. | 0.17% | 4,731 | $2.0M | Add +12.9% |
| GE General Electric filed as GE AEROSPACE | 0.17% | 12,169 | $1.9M | New |
| ODFL Old Dominion Freight Line | 0.17% | 10,933 | $1.9M | New |
| MRSH Marsh & McLennan Cos | 0.17% | 9,128 | $1.9M | Add +16.9% |
| CARR Carrier Global Corp. | 0.17% | 30,342 | $1.9M | Add +11.1% |
| ZTS Zoetis Inc. | 0.16% | 10,972 | $1.9M | Add +35.0% |
| CTAS Cintas Corp. | 0.16% | 2,710 | $1.9M | Reduce -10.7% |
| MRK Merck & Co. Inc. | 0.16% | 15,293 | $1.9M | Reduce -68.8% |
| MSCI MSCI Inc. | 0.16% | 3,909 | $1.9M | Add +47.5% |
| AMAT Applied Materials Inc. | 0.16% | 7,920 | $1.9M | Reduce -5.7% |
| SHW The Sherwin-Williams Co. | 0.16% | 6,102 | $1.8M | Add +18.7% |
| CSX CSX Corp. | 0.16% | 54,363 | $1.8M | Add +21.7% |
| MCHP Microchip Technology Inc. | 0.15% | 19,445 | $1.8M | Add +12.7% |
| BSY Bentley Systems Inc. Class B | 0.15% | 34,608 | $1.7M | No change |
| AVGO Broadcom Inc. | 0.15% | 1,049 | $1.7M | Reduce -16.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 3,897 | $1.6M | Add +11.3% |
| ENB Enbridge Inc. | 0.13% | 42,249 | $1.5M | Reduce -0.2% |
| ICE Intercontinental Exchange Inc. | 0.10% | 8,671 | $1.2M | Add +15.5% |
| BN Brookfield Corp. | 0.09% | 25,285 | $1.1M | Add +16.3% |
| TFII Tfi International Inc. | 0.09% | 6,791 | $986K | Add +16.7% |
| WPM Wheaton Precious Metals Corp. | 0.08% | 16,987 | $890K | Add +9.4% |
| CNQ Canadian Natural Resources | 0.07% | 24,083 | $857K | Add +9.1% |
| AAPL Apple Inc. | 0.07% | 4,020 | $846K | Reduce -1.7% |
| AME Ametek Inc. | 0.07% | 4,499 | $750K | Add +110.6% |
| HON Honeywell International Inc. | 0.06% | 3,258 | $696K | Add +34.2% |
| ROP Roper Technologies Inc. | 0.06% | 1,165 | $656K | Reduce -71.3% |
| TSLA Tesla Inc. | 0.06% | 3,296 | $652K | New |
| TRI Thomson Reuters Corp. | 0.05% | 3,222 | $543K | Add +11.7% |
| TXN Texas Instruments Inc. | 0.05% | 2,718 | $529K | Add +12.9% |
| NVS Novartis AG-Sponsored ADR | 0.04% | 4,540 | $483K | Add +19.0% |
| UL Unilever PLC | 0.04% | 8,369 | $460K | Add +18.6% |
| DHR Danaher Corp. | 0.04% | 1,690 | $422K | Add +35.9% |
| BDX Becton Dickinson and Co. | 0.03% | 1,691 | $395K | Add +28.8% |
| AON Aon PLC Class A | 0.03% | 1,290 | $379K | New |
| INTC Intel Corp. | 0.03% | 11,740 | $363K | Add +64.8% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.03% | 6,541 | $335K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.03% | 2,862 | $330K | No change |
| BCE Bce Inc. | 0.03% | 9,321 | $302K | Reduce -9.5% |
| MFC Manulife Financial Corp. | 0.03% | 11,261 | $300K | Reduce -4.2% |
| VET Vermilion Energy Inc. | 0.02% | 25,694 | $283K | No change |
| DE Deere & Co. | 0.02% | 685 | $256K | New |
| MEOH Methanex Corp. | 0.02% | 5,110 | $247K | Add +13.3% |
| TU Telus Corp. | 0.02% | 15,265 | $231K | Add +12.7% |
| AQN Algonquin Power & Utilities | 0.02% | 36,157 | $212K | Add +97.2% |
| SU Suncor Energy Inc. | 0.02% | 5,446 | $208K | Reduce -1.1% |
Portfolio Sells Q1 2024 → Q2 2024
| ORCL Oracle Corp. | Reduce -49.6% | 2.78% | −1.84 |
| RY Royal Bank of Canada | Reduce -34.6% | 4.52% | −1.66 |
| CM Can Imperial BK of Commerce | Reduce -15.2% | 5.11% | −0.95 |
| BMO Bank of Montreal | Reduce -0.1% | 5.52% | −0.54 |
| MMM 3M Co. | Sold out | 0.00% | −0.42 |
| BNS Bank of Nova Scotia | Reduce -0.7% | 5.59% | −0.42 |
| MRK Merck & Co. Inc. | Reduce -68.8% | 0.16% | −0.36 |
| TD Toronto-Dominion Bank | Reduce -0.2% | 5.56% | −0.21 |
| CP Canadian Pacific Kansas City | Reduce -0.3% | 2.42% | −0.14 |
| ROP Roper Technologies Inc. | Reduce -71.3% | 0.06% | −0.13 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.12 |
| VZ Verizon Communications Inc. | Reduce -23.0% | 0.35% | −0.09 |
| SBUX Starbucks Corp. | Reduce -3.7% | 0.30% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -4.8% | 0.34% | −0.03 |
| AMT American Tower Corp. | Reduce -10.5% | 0.38% | −0.03 |
| HSY The Hershey Co. | Reduce -3.0% | 0.25% | −0.01 |
| INFY Infosys Ltd.-SP ADR | Reduce -10.9% | 0.34% | −0.01 |
| CTAS Cintas Corp. | Reduce -10.7% | 0.16% | −0.01 |
| BCE Bce Inc. | Reduce -9.5% | 0.03% | −0.00 |
| SU Suncor Energy Inc. | Reduce -1.1% | 0.02% | +0.00 |
| MFC Manulife Financial Corp. | Reduce -4.2% | 0.03% | +0.00 |
| ENB Enbridge Inc. | Reduce -0.2% | 0.13% | +0.01 |
| AVGO Broadcom Inc. | Reduce -16.9% | 0.15% | +0.01 |
| AAPL Apple Inc. | Reduce -1.7% | 0.07% | +0.02 |
| AMAT Applied Materials Inc. | Reduce -5.7% | 0.16% | +0.02 |
| FDX FedEx Corp. | Reduce -0.4% | 3.75% | +0.32 |
| EA Electronic Arts Inc. | Reduce -0.3% | 3.88% | +0.39 |
Portfolio Buys Q1 2024 → Q2 2024
| V Visa Inc. Class A | Add +565.8% | 1.63% | +1.38 |
| HD Home Depot Inc. | Add +63.5% | 2.48% | +0.89 |
| UPS United Parcel Service Class B | Add +19.8% | 6.04% | +0.88 |
| SAP Sap SE-Sponsored ADR | Add +1296.3% | 0.74% | +0.70 |
| MGA Magna International Inc. | Add +48.6% | 3.88% | +0.68 |
| CSCO Cisco Systems Inc. | Add +6.7% | 7.04% | +0.51 |
| PEP Pepsico Inc. | New | 0.29% | +0.29 |
| MSFT Microsoft Corp. | Add +1.9% | 1.97% | +0.26 |
| GE General Electric | New | 0.17% | +0.17 |
| ODFL Old Dominion Freight Line | New | 0.17% | +0.17 |
| MA Mastercard Inc. Class A | Add +84.1% | 0.29% | +0.13 |
| RCI Rogers Communications Inc. Class B | Add +6.5% | 5.45% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +17.0% | 0.23% | +0.08 |
| TSLA Tesla Inc. | New | 0.06% | +0.06 |
| ZTS Zoetis Inc. | Add +35.0% | 0.16% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +0.7% | 0.51% | +0.05 |
| CTVA Corteva Inc. | Add +36.4% | 0.17% | +0.05 |
| MSCI MSCI Inc. | Add +47.5% | 0.16% | +0.04 |
| MCK McKesson Corp. | Add +13.3% | 0.18% | +0.04 |
| INTU Intuit Inc. | Add +19.1% | 0.18% | +0.04 |
| MCO Moody's Corp. | Add +12.9% | 0.17% | +0.04 |
| CARR Carrier Global Corp. | Add +11.1% | 0.17% | +0.04 |
| MRSH Marsh & McLennan Cos | Add +16.9% | 0.17% | +0.04 |
| AME Ametek Inc. | Add +110.6% | 0.07% | +0.03 |
| AON Aon PLC Class A | New | 0.03% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +15.0% | 0.23% | +0.03 |
| MCHP Microchip Technology Inc. | Add +12.7% | 0.15% | +0.03 |
| FTS Fortis Inc. | Add +1.6% | 0.45% | +0.03 |
| LOW Lowe's Cos Inc. | Add +24.6% | 0.20% | +0.03 |
| CSX CSX Corp. | Add +21.7% | 0.16% | +0.02 |
| DE Deere & Co. | New | 0.02% | +0.02 |
| HON Honeywell International Inc. | Add +34.2% | 0.06% | +0.02 |
| ICE Intercontinental Exchange Inc. | Add +15.5% | 0.10% | +0.02 |
| WPM Wheaton Precious Metals Corp. | Add +9.4% | 0.08% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +11.3% | 0.14% | +0.02 |
| BN Brookfield Corp. | Add +16.3% | 0.09% | +0.02 |
| SHW The Sherwin-Williams Co. | Add +18.7% | 0.16% | +0.01 |
| NVS Novartis AG-Sponsored ADR | Add +19.0% | 0.04% | +0.01 |
| TXN Texas Instruments Inc. | Add +12.9% | 0.05% | +0.01 |
| DHR Danaher Corp. | Add +35.9% | 0.04% | +0.01 |
| UL Unilever PLC | Add +18.6% | 0.04% | +0.01 |
| TRI Thomson Reuters Corp. | Add +11.7% | 0.05% | +0.01 |
| MDT Medtronic PLC | Add +6.2% | 0.59% | +0.01 |
| TFII Tfi International Inc. | Add +16.7% | 0.09% | +0.01 |
| AQN Algonquin Power & Utilities | Add +97.2% | 0.02% | +0.01 |
| BDX Becton Dickinson and Co. | Add +28.8% | 0.03% | +0.01 |
| INTC Intel Corp. | Add +64.8% | 0.03% | +0.01 |
| CNQ Canadian Natural Resources | Add +9.1% | 0.07% | +0.01 |
| MEOH Methanex Corp. | Add +13.3% | 0.02% | +0.00 |
| TU Telus Corp. | Add +12.7% | 0.02% | +0.00 |
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 |