NICOLA WEALTH MANAGEMENT LTD.
13F Reported Value
ⓘ$833.0M
Holdings
62
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
NICOLA WEALTH MANAGEMENT LTD. disclosed 62 positions worth $833.0M in its Form 13F-HR for Q1 2026, led by $WCN (Waste Connections, Inc.) at 4.1% of the equity portfolio, followed by $PBA and $SLF. During the quarter the fund opened 3 new positions and exited 6 — including a new stake in $AAPL and a full exit from $TRP. The portfolio is most concentrated in Technology (28.9% of disclosed assets). All figures are sourced directly from NICOLA WEALTH MANAGEMENT LTD.’s Form 13F-HR filing with the SEC under CIK 1734493.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- —
Quality
$33.9M208,600 sh - —
Quality
$29.7M664,500 sh - —
Quality
$24.7M394,400 sh - —
Quality
$24.0M257,000 sh - 71.9
Quality
$22.0M758,400 sh - 83.5
Quality
$21.5M71,000 sh - 90.2
Quality
$21.5M123,000 sh - 86.7
Quality
$21.4M222,700 sh - 74.0
Quality
$21.1M87,000 sh - 81.4
Quality
$19.8M42,900 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Waste Connections, Inc.$WCN | — | $33.9M | 208,600 |
 PEMBINA PIPELINE CORP$PBA | — | $29.7M | 664,500 |
 SUN LIFE FINANCIAL INC$SLF | — | $24.7M | 394,400 |
 TotalEnergies SE$TTE | — | $24.0M | 257,000 |
 AT&T INC.$T | 71.9 | $22.0M | 758,400 |
 VISA INC.$V | 83.5 | $21.5M | 71,000 |
 NVIDIA CORP$NVDA | 90.2 | $21.5M | 123,000 |
 NETFLIX INC$NFLX | 86.7 | $21.4M | 222,700 |
 UNION PACIFIC CORP$UNP | 74.0 | $21.1M | 87,000 |
 INTUITIVE SURGICAL INC$ISRG | 81.4 | $19.8M | 42,900 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of NICOLA WEALTH MANAGEMENT LTD.'s 62 positions.
Showing top 10 of 62 holdings.
Sector Allocation
Technology
$241.0M
Financials
$124.3M
Industrials
$88.8M
Communication Services
$77.5M
Energy
$74.9M
Consumer Discretionary
$65.0M
Healthcare
$46.6M
Real Estate
$35.1M
Full Holdings — NICOLA WEALTH MANAGEMENT LTD. (Q1 2026)
All 62 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $WCN | Waste Connections, Inc. | $33.9M | 4.1% | +13% | — |
| 2 | $PBA | PEMBINA PIPELINE CORP | $29.7M | 3.6% | -33% | — |
| 3 | $SLF | SUN LIFE FINANCIAL INC | $24.7M | 3.0% | +7% | — |
| 4 | $TTE | TotalEnergies SE | $24.0M | 2.9% | +78% | — |
| 5 | $T | AT&T INC. | $22.0M | 2.6% | -17% | 71.9 |
| 6 | $V | VISA INC. | $21.5M | 2.6% | +0% | 83.5 |
| 7 | $NVDA | NVIDIA CORP | $21.5M | 2.6% | +0% | 90.2 |
| 8 | $NFLX | NETFLIX INC | $21.4M | 2.6% | +33% | 86.7 |
| 9 | $UNP | UNION PACIFIC CORP | $21.1M | 2.5% | -22% | 74 |
| 10 | $ISRG | INTUITIVE SURGICAL INC | $19.8M | 2.4% | +0% | 81.4 |
| 11 |  $LIN | LINDE PLC | $19.7M | 2.4% | +0% | — |
| 12 |  $MSFT | MICROSOFT CORP | $19.6M | 2.4% | -20% | 83.7 |
| 13 |  $BAM | Brookfield Asset Management Ltd. | $19.3M | 2.3% | +72% | — |
| 14 |  $META | Meta Platforms, Inc. | $19.0M | 2.3% | +5% | 80.9 |
| 15 |  $BCE | BCE INC | $18.4M | 2.2% | +0% | — |
| 16 |  $STN | STANTEC INC | $17.5M | 2.1% | +214% | — |
| 17 |  $AMZN | AMAZON COM INC | $17.5M | 2.1% | -21% | 74.6 |
| 18 |  $CNI | CANADIAN NATIONAL RAILWAY CO | $17.3M | 2.1% | -15% | — |
| 19 |  $TD | TORONTO DOMINION BANK | $17.2M | 2.1% | -49% | — |
| 20 |  $CNQ | CANADIAN NATURAL RESOURCES Ltd | $16.4M | 2.0% | -22% | — |
| 21 |  $SNPS | SYNOPSYS INC | $16.1M | 1.9% | +39% | 63.1 |
| 22 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $15.9M | 1.9% | -30% | — |
| 23 |  $NOW | ServiceNow, Inc. | $15.8M | 1.9% | +10% | 76 |
| 24 |  $TU | TELUS CORP | $15.7M | 1.9% | +0% | — |
| 25 |  $AAPL | Apple Inc. | $15.5M | 1.9% | NEW | 76.1 |
| 26 |  $INFY | Infosys Ltd | $15.4M | 1.9% | +20% | — |
| 27 |  $H | Hyatt Hotels Corp | $15.2M | 1.8% | -15% | 46.6 |
| 28 |  $DE | DEERE & CO | $14.7M | 1.8% | -43% | 57.4 |
| 29 |  $HDB | HDFC BANK LTD | $13.4M | 1.6% | +33% | — |
| 30 |  $CCK | CROWN HOLDINGS, INC. | $13.2M | 1.6% | +0% | 61.9 |
| 31 |  $WMT | Walmart Inc. | $13.1M | 1.6% | -40% | 63.2 |
| 32 |  $GOOG | Alphabet Inc. | $12.9M | 1.6% | +64% | 80.2 |
| 33 |  $KO | COCA COLA CO | $12.9M | 1.6% | +0% | 74 |
| 34 |  $TTEK | TETRA TECH INC | $12.4M | 1.5% | +13% | 63 |
| 35 |  $TFII | TFI International Inc. | $12.1M | 1.5% | -12% | — |
| 36 |  $FSV | FirstService Corp | $12.0M | 1.4% | +71% | — |
| 37 |  $PLD | Prologis, Inc. | $11.8M | 1.4% | +0% | 67.5 |
| 38 |  $AVGO | Broadcom Inc. | $11.6M | 1.4% | +19% | 86.4 |
| 39 |  $CUBE | CubeSmart | $11.3M | 1.4% | +0% | 64.7 |
| 40 |  $MCO | MOODYS CORP /DE/ | $10.9M | 1.3% | NEW | 81.3 |
| 41 |  $ADBE | ADOBE INC. | $10.7M | 1.3% | +0% | 80.4 |
| 42 |  $MSA | MSA Safety Inc | $10.7M | 1.3% | -10% | 59.1 |
| 43 |  $MSI | Motorola Solutions, Inc. | $10.0M | 1.2% | NEW | 73.8 |
| 44 |  $AJG | Arthur J. Gallagher & Co. | $9.3M | 1.1% | +0% | 72.1 |
| 45 |  $TJX | TJX COMPANIES INC /DE/ | $8.9M | 1.1% | +0% | 70.7 |
| 46 |  $GIB | CGI INC | $8.9M | 1.1% | +0% | — |
| 47 |  $IDXX | IDEXX LABORATORIES INC /DE | $8.3M | 1.0% | +0% | 73.6 |
| 48 |  $AMG | AFFILIATED MANAGERS GROUP, INC. | $8.0M | 1.0% | +0% | 60.3 |
| 49 |  $EPC | EDGEWELL PERSONAL CARE Co | $6.6M | 0.8% | +0% | 36.8 |
| 50 |  $SANM | SANMINA CORP | $6.5M | 0.8% | -9% | 61 |
| 51 |  $PLXS | PLEXUS CORP | $5.9M | 0.7% | -37% | 41.8 |
| 52 |  $BHE | BENCHMARK ELECTRONICS INC | $5.7M | 0.7% | -18% | 37.6 |
| 53 |  $COKE | Coca-Cola Consolidated, Inc. | $5.7M | 0.7% | -27% | 65.1 |
| 54 |  $REZI | RESIDEO TECHNOLOGIES, INC. | $5.3M | 0.6% | +0% | 40.1 |
| 55 |  $SLGN | SILGAN HOLDINGS INC | $5.3M | 0.6% | +0% | 50.8 |
| 56 |  $CRI | CARTERS INC | $5.0M | 0.6% | -21% | 37.8 |
| 57 |  $BCO | BRINKS CO | $4.9M | 0.6% | +0% | 52 |
| 58 |  $PRGO | PERRIGO Co plc | $3.9M | 0.5% | +30% | — |
| 59 |  $IONS | IONIS PHARMACEUTICALS INC | $3.9M | 0.5% | -40% | 37.1 |
| 60 |  $PDS | PRECISION DRILLING Corp | $2.8M | 0.3% | +0% | — |
| 61 |  $NBR | NABORS INDUSTRIES LTD | $2.0M | 0.2% | +0% | — |
| 62 | — | ISHARES TR | $1.1M | 0.1% | -89% | — |
New Positions (3)
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