Vancity Investment Management Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Vancity Investment Management Ltd reported 71 stock positions worth $791.8 million. Its top holding was Microsoft (MSFT) at 11.6% of the portfolio, followed by Visa Class A (V, 5.8%) and ServiceNow (NOW, 5.3%). Compared with Q1 2025, it opened 5 new positions, sold out of 7, added to 27 and reduced 37. The biggest buy was a new position in Costco Wholesale (COST) and the biggest sale Copart (CPRT, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0001846311
- Portfolio Value
- $791.8M (Q2 2025)
- SEC Filing
- 0001846311-25-000002 ↗ filed Aug 14, 2025
Holdings Value
Holdings 71 stocks · $791.8M
| MSFT Microsoft Corp. | 11.65% | 185,412 | $92.2M | Reduce -1.6% |
| V Visa Inc. Class A | 5.75% | 128,302 | $45.6M | Add +0.3% |
| NOW ServiceNow Inc. | 5.26% | 40,515 | $41.7M | Reduce -4.2% |
| AMZN Amazon.com Inc. | 4.82% | 173,794 | $38.1M | Reduce -4.5% |
| SPGI S&P Global Inc. | 4.73% | 71,014 | $37.4M | Add +2.5% |
| AAPL Apple Inc. | 4.26% | 164,463 | $33.7M | Reduce -8.2% |
| CPRT Copart Inc. | 4.18% | 673,902 | $33.1M | Reduce -4.5% |
| BRO Brown & Brown Inc. | 4.09% | 292,138 | $32.4M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 4.03% | 32,195 | $31.9M | New |
| GOOG Alphabet Inc. Class C | 3.84% | 171,570 | $30.4M | Reduce -3.8% |
| AZO AutoZone Inc. | 3.50% | 7,462 | $27.7M | Reduce -1.0% |
| MCO Moody's Corp. | 3.25% | 51,251 | $25.7M | Add +8.0% |
| ICE Intercontinental Exchange Inc. | 2.86% | 123,629 | $22.7M | Add +16.8% |
| DHR Danaher Corp. | 2.76% | 110,474 | $21.8M | Reduce -3.1% |
| TXN Texas Instruments Inc. | 2.74% | 104,535 | $21.7M | Reduce -7.9% |
| TT Trane Technologies PLC | 2.59% | 46,864 | $20.5M | Reduce -1.5% |
| MRSH Marsh & McLennan Cos | 2.43% | 87,911 | $19.2M | Reduce -2.6% |
| ELV Elevance Health Inc. | 2.22% | 45,183 | $17.6M | Reduce -4.7% |
| AMT American Tower Corp. | 2.21% | 79,102 | $17.5M | Reduce -6.7% |
| MSCI MSCI Inc. | 2.03% | 27,874 | $16.1M | Reduce -1.0% |
| CDW CDW Corp. | 1.86% | 82,414 | $14.7M | Reduce -8.5% |
| LIN Linde PLC | 1.78% | 30,051 | $14.1M | Add +2.2% |
| GOOGL Alphabet Inc. Class A | 1.71% | 76,616 | $13.5M | Add +4.1% |
| FERG Ferguson Enterprises Inc. | 1.53% | 55,732 | $12.1M | Reduce -0.1% |
| ADBE Adobe Inc. | 1.52% | 31,209 | $12.1M | Reduce -4.8% |
| SE Sea Ltd.-ADR | 1.31% | 64,735 | $10.4M | Reduce -1.6% |
| EW Edwards Lifesciences Corp. | 1.22% | 123,493 | $9.7M | Reduce -4.4% |
| MA Mastercard Inc. Class A | 1.20% | 16,963 | $9.5M | Reduce -6.8% |
| NVDA Nvidia Corp. | 1.15% | 57,512 | $9.1M | Add +8.1% |
| KMX Carmax Inc. | 1.11% | 130,978 | $8.8M | Reduce -3.5% |
| CME Cme Group Inc. | 1.10% | 31,578 | $8.7M | Reduce -3.0% |
| APD Air Products & Chemicals Inc. | 0.61% | 17,049 | $4.8M | Reduce -1.5% |
| LAMR Lamar Advertising Co. Class A | 0.60% | 38,879 | $4.7M | Add +34.4% |
| MELI MercadoLibre Inc. | 0.59% | 1,799 | $4.7M | Add +760.8% |
| WINA Winmark Corp. | 0.49% | 10,176 | $3.8M | Reduce -6.6% |
| FIVE Five Below | 0.17% | 10,456 | $1.4M | Reduce -11.5% |
| GWRE Guidewire Software Inc. | 0.15% | 5,017 | $1.2M | Reduce -11.8% |
| TTEK Tetra Tech Inc. | 0.15% | 32,677 | $1.2M | Add +10.4% |
| BLD Topbuild Corp. | 0.14% | 3,514 | $1.1M | Add +3.9% |
| WTS Watts Water Technologies-A | 0.14% | 4,520 | $1.1M | Add +6.0% |
| KNSL Kinsale Capital Group Inc. | 0.13% | 2,180 | $1.1M | Add +5.4% |
| WK Workiva Inc. | 0.13% | 15,406 | $1.1M | Add +36.7% |
| DAR Darling Ingredients Inc. | 0.13% | 27,784 | $1.1M | Reduce -1.5% |
| WM Waste Management Inc. | 0.13% | 4,538 | $1.0M | Add +9.8% |
| FSS Federal Signal Corp. | 0.13% | 9,537 | $1.0M | Reduce -3.6% |
| SITE Siteone Landscape Supply Inc. | 0.10% | 6,817 | $824K | Add +4.7% |
| SSD Simpson Manufacturing Co. Inc. | 0.10% | 5,293 | $822K | Add +3.0% |
| FWRG First Watch Restaurant Group | 0.10% | 50,833 | $815K | Add +11.7% |
| NSA National Storage Affiliates | 0.10% | 24,464 | $783K | No change |
| PODD Insulet Corp. | 0.09% | 2,383 | $749K | Add +6.2% |
| GLOB Globant SA | 0.09% | 8,181 | $743K | Add +7.5% |
| GO Grocery Outlet Holding Corp. | 0.09% | 58,648 | $728K | Reduce -17.6% |
| ECL Ecolab Inc. | 0.09% | 2,637 | $711K | Add +7.8% |
| LECO Lincoln Electric Holdings | 0.09% | 3,348 | $694K | Reduce -5.0% |
| NVMI Nova Ltd. | 0.08% | 2,415 | $665K | Add +7.2% |
| KAI Kadant Inc. | 0.07% | 1,727 | $548K | Reduce -5.1% |
| HD Home Depot Inc. | 0.07% | 1,444 | $529K | Add +9.2% |
| FND Floor & Decor Holdings Inc. Class A | 0.05% | 5,526 | $420K | Add +11.1% |
| ITW Illinois Tool Works | 0.05% | 1,581 | $391K | Add +12.1% |
| XYL Xylem Inc. | 0.05% | 2,892 | $374K | Reduce -92.3% |
| FCPT Four Corners Property Trust | 0.05% | 13,616 | $366K | Reduce -11.5% |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 0.04% | 5,251 | $355K | No change |
| OTIS Otis Worldwide Corp. | 0.04% | 3,566 | $353K | Add +18.8% |
| MPWR Monolithic Power Systems Inc. | 0.04% | 454 | $332K | Add +10.7% |
| AAON Aaon Inc. | 0.04% | 4,016 | $296K | New |
| AVGO Broadcom Inc. | 0.03% | 948 | $261K | Reduce -96.2% |
| TMO Thermo Fisher Scientific Inc. | 0.03% | 638 | $259K | Reduce -77.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.03% | 16,143 | $221K | New |
| VZ Verizon Communications Inc. | 0.03% | 4,964 | $215K | New |
| PG The Procter & Gamble Co. | 0.03% | 1,291 | $206K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.03% | 1,623 | $200K | Reduce -3.3% |
Portfolio Sells Q1 2025 → Q2 2025
| CPRT Copart Inc. | Reduce -4.5% | 4.18% | −1.30 |
| AAPL Apple Inc. | Reduce -8.2% | 4.26% | −1.19 |
| BRO Brown & Brown Inc. | Reduce -1.9% | 4.09% | −0.99 |
| ELV Elevance Health Inc. | Reduce -4.7% | 2.22% | −0.61 |
| MRSH Marsh & McLennan Cos | Reduce -2.6% | 2.43% | −0.59 |
| XYL Xylem Inc. | Reduce -92.3% | 0.05% | −0.57 |
| AVGO Broadcom Inc. | Reduce -96.2% | 0.03% | −0.54 |
| DHR Danaher Corp. | Reduce -3.1% | 2.76% | −0.45 |
| AZO AutoZone Inc. | Reduce -1.0% | 3.50% | −0.44 |
| KMX Carmax Inc. | Reduce -3.5% | 1.11% | −0.34 |
| AMT American Tower Corp. | Reduce -6.7% | 2.21% | −0.32 |
| ADBE Adobe Inc. | Reduce -4.8% | 1.52% | −0.20 |
| MA Mastercard Inc. Class A | Reduce -6.8% | 1.20% | −0.16 |
| TMO Thermo Fisher Scientific Inc. | Reduce -77.8% | 0.03% | −0.16 |
| MSCI MSCI Inc. | Reduce -1.0% | 2.03% | −0.15 |
| STVN Stevanato Group SPA | Sold out | 0.00% | −0.15 |
| CDW CDW Corp. | Reduce -8.5% | 1.86% | −0.12 |
| DE Deere & Co. | Sold out | 0.00% | −0.10 |
| APD Air Products & Chemicals Inc. | Reduce -1.5% | 0.61% | −0.09 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.08 |
| CME Cme Group Inc. | Reduce -3.0% | 1.10% | −0.08 |
| EW Edwards Lifesciences Corp. | Reduce -4.4% | 1.22% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -7.9% | 2.74% | −0.06 |
| XPEL Xpel Inc. | Sold out | 0.00% | −0.05 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.05 |
| GO Grocery Outlet Holding Corp. | Reduce -17.6% | 0.09% | −0.04 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.03 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.03 |
| KAI Kadant Inc. | Reduce -5.1% | 0.07% | −0.01 |
| FCPT Four Corners Property Trust | Reduce -11.5% | 0.05% | −0.01 |
| LECO Lincoln Electric Holdings | Reduce -5.0% | 0.09% | −0.00 |
| TJX TJX Companies Inc. | Reduce -3.3% | 0.03% | −0.00 |
| GWRE Guidewire Software Inc. | Reduce -11.8% | 0.15% | +0.00 |
| WINA Winmark Corp. | Reduce -6.6% | 0.49% | +0.01 |
| DAR Darling Ingredients Inc. | Reduce -1.5% | 0.13% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -3.8% | 3.84% | +0.02 |
| FSS Federal Signal Corp. | Reduce -3.6% | 0.13% | +0.03 |
| FIVE Five Below | Reduce -11.5% | 0.17% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -4.5% | 4.82% | +0.07 |
| SE Sea Ltd.-ADR | Reduce -1.6% | 1.31% | +0.13 |
| FERG Ferguson Enterprises Inc. | Reduce -0.1% | 1.53% | +0.31 |
| TT Trane Technologies PLC | Reduce -1.5% | 2.59% | +0.39 |
| NOW ServiceNow Inc. | Reduce -4.2% | 5.26% | +0.64 |
| MSFT Microsoft Corp. | Reduce -1.6% | 11.65% | +1.95 |
Portfolio Buys Q1 2025 → Q2 2025
| COST Costco Wholesale Corp. | New | 4.03% | +4.03 |
| MELI MercadoLibre Inc. | Add +760.8% | 0.59% | +0.54 |
| ICE Intercontinental Exchange Inc. | Add +16.8% | 2.86% | +0.36 |
| NVDA Nvidia Corp. | Add +8.1% | 1.15% | +0.36 |
| MCO Moody's Corp. | Add +8.0% | 3.25% | +0.22 |
| LAMR Lamar Advertising Co. Class A | Add +34.4% | 0.60% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +4.1% | 1.71% | +0.14 |
| AAON Aaon Inc. | New | 0.04% | +0.04 |
| TTEK Tetra Tech Inc. | Add +10.4% | 0.15% | +0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | New | 0.03% | +0.03 |
| NVMI Nova Ltd. | Add +7.2% | 0.08% | +0.03 |
| PG The Procter & Gamble Co. | New | 0.03% | +0.03 |
| WTS Watts Water Technologies-A | Add +6.0% | 0.14% | +0.02 |
| WK Workiva Inc. | Add +36.7% | 0.13% | +0.02 |
| PODD Insulet Corp. | Add +6.2% | 0.09% | +0.01 |
| MPWR Monolithic Power Systems Inc. | Add +10.7% | 0.04% | +0.01 |
| ECL Ecolab Inc. | Add +7.8% | 0.09% | +0.00 |
| BLD Topbuild Corp. | Add +3.9% | 0.14% | +0.00 |
| OTIS Otis Worldwide Corp. | Add +18.8% | 0.04% | +0.00 |
| ITW Illinois Tool Works | Add +12.1% | 0.05% | +0.00 |
| HD Home Depot Inc. | Add +9.2% | 0.07% | +0.00 |
| WM Waste Management Inc. | Add +9.8% | 0.13% | +0.00 |
| FWRG First Watch Restaurant Group | Add +11.7% | 0.10% | −0.00 |
| FND Floor & Decor Holdings Inc. Class A | Add +11.1% | 0.05% | −0.00 |
| SITE Siteone Landscape Supply Inc. | Add +4.7% | 0.10% | −0.00 |
| KNSL Kinsale Capital Group Inc. | Add +5.4% | 0.13% | −0.00 |
| SSD Simpson Manufacturing Co. Inc. | Add +3.0% | 0.10% | −0.01 |
| GLOB Globant SA | Add +7.5% | 0.09% | −0.03 |
| SPGI S&P Global Inc. | Add +2.5% | 4.73% | −0.10 |
| LIN Linde PLC | Add +2.2% | 1.78% | −0.10 |
| V Visa Inc. Class A | Add +0.3% | 5.75% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 92 | $666.4M | MSFT, GOOG, AMZN, AAPL, V |
| Q1 2026 | 94 | $629.4M | MSFT, GOOG, AMZN, V, AAPL |
| Q4 2025Amended | 87 | $735.2M | MSFT, GOOG, V, AMZN, SPGI |
| Q3 2025 | 75 | $751.8M | MSFT, V, GOOG, AMZN, SPGI |
| Q2 2025 | 71 | $791.8M | MSFT, V, NOW, AMZN, SPGI |
| Q1 2025 | 73 | $729.5M | MSFT, V, CPRT, AAPL, BRO |
| Q3 2024 | 73 | $834.5M | MSFT, AAPL, NOW, CPRT, V |
| Q2 2024 | 64 | $1.6B | MSFT, AAPL, GOOG, CPRT, V |
| Q1 2024 | 67 | $839.0M | MSFT, CPRT, AAPL, NOW, GOOG |