Westerkirk Capital Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Westerkirk Capital Inc. reported 240 stock positions worth $875.3 million. Its top holding was Vanguard Ftse Emerging Marke (VWO) at 9.3% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 8.8%) and Vanguard S&P 500 ETF (VOO, 5.1%). Compared with Q2 2025, it opened 20 new positions, sold out of 11, added to 39 and reduced 86. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +56%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −80%).

Most Recent 13F
Q2 2026
Location
VICTORIA, A1
CIK
0002080423
Portfolio Value
$875.3M (Q3 2025)
SEC Filing
0002080423-25-000006 ↗ filed Nov 10, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q2 2025: $811.3M Q2 2025 Q3 2025: $875.3M $875.3M Q3 2025 Q4 2025: $1.0B Q4 2025 Q1 2026: $928.9M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 240 stocks · $875.3M
VWO Vanguard Ftse Emerging Marke 9.28% 1,499,490 $81.2M Add +56.4%
AGG iShares Core U.S. Aggregate 8.78% 766,720 $76.9M Add +23.8%
VOO Vanguard S&P 500 ETF 5.10% 72,873 $44.6M Add +7.5%
MSFT Microsoft Corp. 4.33% 73,164 $37.9M Add +1.5%
NVDA Nvidia Corp. 4.04% 189,705 $35.4M Add +1.4%
AAPL Apple Inc. 3.57% 122,591 $31.2M Add +0.7%
BND Vanguard Total Bond Market 3.31% 389,350 $29.0M Add +1.8%
MA Mastercard Inc. Class A 2.76% 42,459 $24.2M Add +0.4%
META Meta Platforms Inc. Class A 2.03% 24,254 $17.8M Add +0.8%
V Visa Inc. Class A 1.68% 43,053 $14.7M Add +8.3%
GOOG Alphabet Inc. Class C 1.43% 51,421 $12.5M Add +5.0%
NFLX Netflix Inc. 1.43% 10,407 $12.5M Add +0.8%
GOOGL Alphabet Inc. Class A 1.22% 43,793 $10.6M Add +0.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.13% 68,575 $9.9M Reduce -5.9%
CP Canadian Pacific Kansas City 1.11% 129,900 $9.7M Reduce -5.9%
TXN Texas Instruments Inc. 1.01% 48,000 $8.8M No change
RY Royal Bank of Canada 1.00% 59,358 $8.7M Reduce -17.0%
LLY Eli Lilly & Co. 0.95% 10,886 $8.3M Reduce -10.8%
TMO Thermo Fisher Scientific Inc. 0.94% 17,000 $8.2M No change
TSM Taiwan Semiconductor-SP ADR 0.91% 28,417 $7.9M Add +292.0%
UNH Unitedhealth Group Inc. 0.90% 22,694 $7.8M Reduce -3.7%
SHOP Shopify Inc. Class A 0.87% 51,110 $7.6M Reduce -16.8%
APD Air Products & Chemicals Inc. 0.85% 27,183 $7.4M No change
VEA Vanguard Ftse Developed ETF 0.78% 113,781 $6.8M Reduce -79.9%
JNJ Johnson & Johnson 0.74% 35,059 $6.5M Add +28.5%
ZTS Zoetis Inc. 0.72% 42,900 $6.3M Add +27.3%
ADBE Adobe Inc. 0.70% 17,345 $6.1M Add +2.4%
PH Parker Hannifin Corp. 0.70% 8,070 $6.1M No change
KLAC KLA Corp. 0.70% 5,662 $6.1M Add +2.4%
NKE Nike Inc. Class B 0.69% 86,120 $6.0M Add +2.2%
ETN Eaton Corp. PLC 0.68% 15,900 $6.0M No change
TD Toronto-Dominion Bank 0.66% 72,349 $5.8M Reduce -18.3%
LRCX Lam Research Corp. 0.66% 43,120 $5.8M Reduce -9.4%
FERG Ferguson Enterprises Inc. 0.63% 24,671 $5.5M Add +42.6%
DLTR Dollar Tree Inc. 0.61% 57,000 $5.4M No change
AMAT Applied Materials Inc. 0.56% 23,900 $4.9M Add +2.6%
QCOM Qualcomm Inc. 0.56% 29,200 $4.9M Add +2.5%
ANET Arista Networks Inc. 0.54% 32,536 $4.7M Reduce -12.4%
ENB Enbridge Inc. 0.53% 91,587 $4.6M Reduce -16.9%
COST Costco Wholesale Corp. 0.53% 4,978 $4.6M Reduce -19.7%
ACN Accenture PLC Class A 0.52% 18,296 $4.5M Add +2.2%
APP AppLovin Corp. Class A 0.50% 6,134 $4.4M Add +2.4%
CMG Chipotle Mexican Grill Inc. 0.46% 102,050 $4.0M Reduce -5.8%
MRK Merck & Co. Inc. 0.46% 47,500 $4.0M Add +42.2%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.45% 30,364 $4.0M Reduce -17.6%
AEM Agnico Eagle Mines Ltd. 0.44% 22,940 $3.9M Reduce -12.6%
ADP Automatic Data Processing 0.43% 12,862 $3.8M Reduce -4.0%
PG The Procter & Gamble Co. 0.42% 24,200 $3.7M Reduce -19.6%
SRE Sempra 0.42% 40,800 $3.7M No change
DHI D.R. Horton Inc. 0.42% 21,635 $3.7M Add +12.1%
KO The Coca-Cola Co. 0.41% 53,773 $3.6M Add +3.3%
SU Suncor Energy Inc. 0.41% 85,210 $3.6M Add +13.9%
CNI Canadian Natl Railway Co. 0.40% 37,040 $3.5M Add +11.8%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.39% 52,336 $3.4M Reduce -16.8%
WMT Walmart Inc. 0.39% 32,724 $3.4M Add +88.9%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.38% 96,700 $3.3M No change
LIN Linde PLC 0.38% 6,992 $3.3M Add +300.5%
CAT Caterpillar Inc. 0.38% 6,918 $3.3M Reduce -4.0%
BLK BlackRock Inc. 0.37% 2,742 $3.2M No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.36% 39,497 $3.2M Reduce -17.2%
FTNT Fortinet Inc. 0.36% 37,000 $3.1M No change
MFC Manulife Financial Corp. 0.33% 94,050 $2.9M Reduce -10.9%
AMZN Amazon.com Inc. 0.33% 13,145 $2.9M Add +12.0%
CNQ Canadian Natural Resources 0.32% 87,950 $2.8M Reduce -17.3%
HDB HDFC Bank Ltd.-ADR 0.32% 81,858 $2.8M New
BN Brookfield Corp. 0.31% 60,260 $2.8M Reduce -16.9%
GRMN Garmin Ltd. 0.31% 11,000 $2.7M Reduce -6.0%
AMT American Tower Corp. 0.31% 13,900 $2.7M No change
B Barrick Mining Corp. 0.30% 78,930 $2.6M Reduce -12.7%
WPM Wheaton Precious Metals Corp. 0.28% 22,150 $2.5M Reduce -11.9%
TRP TC Energy Corp. 0.27% 43,662 $2.4M Reduce -16.9%
CDNS Cadence Design SYS Inc. 0.27% 6,724 $2.4M Add +2.4%
EWY iShares MSCI South Korea ETF 0.27% 29,432 $2.4M No change
SCI Service Corp. International 0.26% 27,500 $2.3M No change
WSM Williams-Sonoma Inc. 0.25% 11,388 $2.2M Reduce -5.8%
ED Consolidated Edison Inc. 0.25% 22,100 $2.2M No change
MSI Motorola Solutions Inc. 0.25% 4,812 $2.2M Add +3.0%
HD Home Depot Inc. 0.25% 5,360 $2.2M New
ATO Atmos Energy Corp. 0.25% 12,661 $2.2M Reduce -25.1%
FNV Franco-Nevada Corp. 0.24% 9,380 $2.1M Reduce -13.0%
NVR NVR Inc. 0.24% 257 $2.1M Reduce -5.5%
PHM Pultegroup Inc. 0.23% 15,300 $2.0M Reduce -5.6%
JPM JPMorgan Chase & Co. 0.23% 6,371 $2.0M No change
TPL Texas Pacific Land Corp. 0.23% 2,110 $2.0M No change
CME Cme Group Inc. 0.22% 7,100 $1.9M No change
TSCO Tractor Supply Company 0.22% 33,660 $1.9M Reduce -5.9%
ITW Illinois Tool Works 0.22% 7,300 $1.9M Reduce -4.0%
ADSK Autodesk Inc. 0.22% 5,986 $1.9M No change
WCN Waste Connections Inc. 0.22% 10,810 $1.9M Reduce -16.9%
SLF Sun Life Financial Inc. 0.21% 31,260 $1.9M Reduce -10.8%
PEP Pepsico Inc. 0.21% 13,347 $1.9M Reduce -19.3%
FANG Diamondback Energy Inc. 0.21% 12,900 $1.8M No change
VRTX Vertex Pharmaceuticals Inc. 0.21% 4,642 $1.8M Add +65.8%
LMT Lockheed Martin Corp. 0.21% 3,620 $1.8M Reduce -4.1%
APH Amphenol Corp. Class A 0.21% 14,603 $1.8M No change
WELL Welltower Inc. 0.20% 10,000 $1.8M No change
ULTA Ulta Beauty Inc. 0.20% 3,240 $1.8M Reduce -5.8%
LULU Lululemon Athletica Inc. 0.20% 9,779 $1.7M Reduce -5.8%
EXE Expand Energy Corp. 0.20% 16,300 $1.7M No change
MCO Moody's Corp. 0.19% 3,540 $1.7M No change

Show all 240 holdings

Portfolio Sells Q2 2025 → Q3 2025
VEA Vanguard Ftse Developed ETF Reduce -79.9% 0.78% −3.20
SGOV iShares 0-3 Month Treasury B Sold out 0.00% −0.83
CMG Chipotle Mexican Grill Inc. Reduce -5.8% 0.46% −0.29
MELI MercadoLibre Inc. Reduce -76.4% 0.06% −0.25
RSG Republic Services Inc. Sold out 0.00% −0.25
CP Canadian Pacific Kansas City Reduce -5.9% 1.11% −0.24
BN Brookfield Corp. Reduce -16.9% 0.31% −0.24
COST Costco Wholesale Corp. Reduce -19.7% 0.53% −0.23
LLY Eli Lilly & Co. Reduce -10.8% 0.95% −0.22
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.17
ABT Abbott Laboratories Reduce -49.6% 0.14% −0.17
PG The Procter & Gamble Co. Reduce -19.6% 0.42% −0.17
LYV Live Nation Entertainment Inc. Sold out 0.00% −0.16
RY Royal Bank of Canada Reduce -17.0% 1.00% −0.16
T AT&T Inc. Reduce -55.7% 0.10% −0.15
TD Toronto-Dominion Bank Reduce -18.3% 0.66% −0.14
AVGO Broadcom Inc. Reduce -49.8% 0.14% −0.11
WMB Williams Cos Inc. Sold out 0.00% −0.11
LULU Lululemon Athletica Inc. Reduce -5.8% 0.20% −0.11
MRVL Marvell Technology Inc. Sold out 0.00% −0.10
SE Sea Ltd.-ADR Reduce -45.5% 0.12% −0.09
HEI Heico Corp. Sold out 0.00% −0.09
CNQ Canadian Natural Resources Reduce -17.3% 0.32% −0.09
ENB Enbridge Inc. Reduce -16.9% 0.53% −0.09
COIN Coinbase Global Inc. Class A Reduce -52.5% 0.06% −0.08
WCN Waste Connections Inc. Reduce -16.9% 0.22% −0.08
MFC Manulife Financial Corp. Reduce -10.9% 0.33% −0.08
ADP Automatic Data Processing Reduce -4.0% 0.43% −0.08
ATO Atmos Energy Corp. Reduce -25.1% 0.25% −0.07
SLF Sun Life Financial Inc. Reduce -10.8% 0.21% −0.07
MBLY Mobileye Global Inc. Class A Sold out 0.00% −0.07
EQT Eqt Corp. Reduce -48.1% 0.05% −0.07
ITUB Itau Unibanco H-Spon PRF ADR Sold out 0.00% −0.06
AVAV Aerovironment Inc. Sold out 0.00% −0.06
CM Can Imperial BK of Commerce Reduce -17.2% 0.36% −0.06
PEP Pepsico Inc. Reduce -19.3% 0.21% −0.06
BMO Bank of Montreal Reduce -17.6% 0.45% −0.05
PLTR Palantir Technologies Inc. Class A Reduce -50.0% 0.08% −0.05
DB Deutsche Bank AG-Registered Reduce -30.6% 0.16% −0.05
TRP TC Energy Corp. Reduce -16.9% 0.27% −0.04
GIB Cgi Inc. Reduce -12.1% 0.10% −0.04
BNS Bank of Nova Scotia Reduce -16.8% 0.39% −0.04
NTR Nutrien Ltd. Reduce -17.4% 0.14% −0.04
TU Telus Corp. Reduce -18.1% 0.11% −0.04
CTAS Cintas Corp. Reduce -4.3% 0.16% −0.04
QSR Restaurant Brands Intern Reduce -16.9% 0.10% −0.03
PAYX Paychex Inc. Reduce -4.0% 0.11% −0.03
TT Trane Technologies PLC Reduce -4.0% 0.17% −0.03
SPHY SS SPDR P High Yield ETF Sold out 0.00% −0.03
FTS Fortis Inc. Reduce -17.6% 0.12% −0.03

Portfolio Buys Q2 2025 → Q3 2025
VWO Vanguard Ftse Emerging Marke Add +56.4% 9.28% +3.44
AGG iShares Core U.S. Aggregate Add +23.8% 8.78% +1.21
TSM Taiwan Semiconductor-SP ADR Add +292.0% 0.91% +0.70
AAPL Apple Inc. Add +0.7% 3.57% +0.49
NVDA Nvidia Corp. Add +1.4% 4.04% +0.40
GOOG Alphabet Inc. Class C Add +5.0% 1.43% +0.36
VOO Vanguard S&P 500 ETF Add +7.5% 5.10% +0.35
HDB HDFC Bank Ltd.-ADR New 0.32% +0.32
LIN Linde PLC Add +300.5% 0.38% +0.28
GOOGL Alphabet Inc. Class A Add +0.7% 1.22% +0.27
HD Home Depot Inc. New 0.25% +0.25
APP AppLovin Corp. Class A Add +2.4% 0.50% +0.25
JNJ Johnson & Johnson Add +28.5% 0.74% +0.23
WMT Walmart Inc. Add +88.9% 0.39% +0.18
FERG Ferguson Enterprises Inc. Add +42.6% 0.63% +0.17
VZ Verizon Communications Inc. New 0.15% +0.15
IDU iShares US Utilities ETF New 0.15% +0.15
MRK Merck & Co. Inc. Add +42.2% 0.46% +0.13
CL Colgate-Palmolive Co. New 0.12% +0.12
DHI D.R. Horton Inc. Add +12.1% 0.42% +0.11
HON Honeywell International Inc. New 0.11% +0.11
AZN Astrazeneca PLC-Spons ADR New 0.10% +0.10
FCX Freeport-McMoran Inc. New 0.10% +0.10
XOM Exxon Mobil Corp. New 0.10% +0.10
GS Goldman Sachs Group Inc. New 0.09% +0.09
AIG American International Group New 0.09% +0.09
SMIN iShares MSCI India Small-Cap New 0.09% +0.09
KLAC KLA Corp. Add +2.4% 0.70% +0.09
RACE Ferrari NV Add +114.5% 0.18% +0.09
BABA Alibaba Group Holding-SP ADR Add +65.5% 0.14% +0.08
AMGN Amgen Inc. New 0.08% +0.08
ZTS Zoetis Inc. Add +27.3% 0.72% +0.07
ZS Zscaler Inc. New 0.07% +0.07
GE General Electric New 0.07% +0.07
XYZ Block Inc. New 0.07% +0.07
NOW ServiceNow Inc. New 0.06% +0.06
SU Suncor Energy Inc. Add +13.9% 0.41% +0.06
LEVI Levi Strauss & Co. Class A New 0.06% +0.06
KKR KKR & Co. Inc. New 0.06% +0.06
VRTX Vertex Pharmaceuticals Inc. Add +65.8% 0.21% +0.05
MDT Medtronic PLC Add +49.7% 0.12% +0.04
AMAT Applied Materials Inc. Add +2.6% 0.56% +0.03
NVO Novo-Nordisk A/S-Spons ADR New 0.03% +0.03
CLS Celestica Inc. Add +175.0% 0.03% +0.02
CDNS Cadence Design SYS Inc. Add +2.4% 0.27% +0.02
AMZN Amazon.com Inc. Add +12.0% 0.33% +0.01
MSI Motorola Solutions Inc. Add +3.0% 0.25% +0.01
QCOM Qualcomm Inc. Add +2.5% 0.56% −0.00
CNI Canadian Natl Railway Co. Add +11.8% 0.40% −0.03
KO The Coca-Cola Co. Add +3.3% 0.41% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 212$1.0BSGOV, VWO, AAPL, NVDA, MSFT
Q1 2026 208$928.9MSGOV, VWO, VGSH, AAPL, NVDA
Q4 2025 235$1.0BSGOV, VWO, VGSH, MSFT, AAPL
Q3 2025 240$875.3MVWO, AGG, VOO, MSFT, NVDA
Q2 2025 231$811.3MAGG, VWO, VOO, MSFT, VEA