NICOLA WEALTH MANAGEMENT LTD.
13F Reported Value
ⓘ$868.4M
Holdings
61
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
NICOLA WEALTH MANAGEMENT LTD. disclosed 61 positions worth $868.4M in its Form 13F-HR for Q2 2026, led by $WCN (Waste Connections, Inc.) at 4.7% of the equity portfolio, followed by $PBA and $NVDA. During the quarter the fund opened 5 new positions and exited 6 — including a new stake in $BIP and a full exit from $CNQ. The portfolio is most concentrated in Technology (32.8% 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
ConcentratingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 68.2#298
Quality
$40.5M243,000 sh - —
Quality
$30.7M664,500 sh - 85.9#5
Quality
$26.9M134,500 sh - 79.8
Quality
$25.0M67,060 sh - $24.8M52,000 sh
- 82.9
Quality
$24.4M71,000 sh - $24.3M664,700 sh
- —
Quality
$23.1M515,658 sh - 80.5
Quality
$22.3M183,802 sh - 69.7
Quality
$21.4M78,500 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Waste Connections, Inc.$WCN | 68.2#298 | $40.5M | 243,000 |
 PEMBINA PIPELINE CORP$PBA | — | $30.7M | 664,500 |
 NVIDIA CORP$NVDA | 85.9#5 | $26.9M | 134,500 |
 MICROSOFT CORP$MSFT | 79.8 | $25.0M | 67,060 |
 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$TSM | — | $24.8M | 52,000 |
 VISA INC.$V | 82.9 | $24.4M | 71,000 |
 Brookfield Infrastructure Partners L.P.$BIP | — | $24.3M | 664,700 |
 Brookfield Asset Management Ltd.$BAM | — | $23.1M | 515,658 |
 TORONTO DOMINION BANK$TD | 80.5 | $22.3M | 183,802 |
 UNION PACIFIC CORP$UNP | 69.7 | $21.4M | 78,500 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of NICOLA WEALTH MANAGEMENT LTD.'s 61 positions.
Showing top 10 of 61 holdings.
Sector Allocation
Technology
$285.1M
Financials
$139.8M
Industrials
$109.9M
Consumer Discretionary
$69.7M
Healthcare
$62.7M
Energy
$52.7M
Communication Services
$42.6M
Utilities
$40.5M
Full Holdings — NICOLA WEALTH MANAGEMENT LTD. (Q2 2026)
All 61 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. | $40.5M | 4.7% | +16% | 68.2 |
| 2 | $PBA | PEMBINA PIPELINE CORP | $30.7M | 3.5% | +0% | — |
| 3 | $NVDA | NVIDIA CORP | $26.9M | 3.1% | +9% | 85.9 |
| 4 | $MSFT | MICROSOFT CORP | $25.0M | 2.9% | +26% | 79.8 |
| 5 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $24.8M | 2.9% | +11% | — |
| 6 | $V | VISA INC. | $24.4M | 2.8% | +0% | 82.9 |
| 7 | $BIP | Brookfield Infrastructure Partners L.P. | $24.3M | 2.8% | NEW | — |
| 8 | $BAM | Brookfield Asset Management Ltd. | $23.1M | 2.7% | +19% | — |
| 9 | $TD | TORONTO DOMINION BANK | $22.3M | 2.6% | +0% | 80.5 |
| 10 | $UNP | UNION PACIFIC CORP | $21.4M | 2.5% | -10% | 69.7 |
| 11 |  $META | Meta Platforms, Inc. | $21.2M | 2.5% | +14% | 79.6 |
| 12 |  $GOOG | Alphabet Inc. | $20.7M | 2.4% | +29% | 78.2 |
| 13 |  $LIN | LINDE PLC | $20.7M | 2.4% | +0% | — |
| 14 |  $CNI | CANADIAN NATIONAL RAILWAY CO | $20.1M | 2.3% | +0% | — |
| 15 |  $AMZN | AMAZON COM INC | $20.0M | 2.3% | +0% | 68.7 |
| 16 |  $TTE | TotalEnergies SE | $20.0M | 2.3% | +0% | 50.6 |
| 17 |  $AVGO | Broadcom Inc. | $19.6M | 2.3% | +38% | 84.5 |
| 18 |  $STN | STANTEC INC | $18.9M | 2.2% | +35% | — |
| 19 |  $SNPS | SYNOPSYS INC | $18.2M | 2.1% | +0% | 67.9 |
| 20 |  $HDB | HDFC BANK LTD | $17.7M | 2.0% | +27% | — |
| 21 |  $AAPL | Apple Inc. | $17.7M | 2.0% | +0% | 76.4 |
| 22 |  $H | Hyatt Hotels Corp | $17.6M | 2.0% | -14% | 47.9 |
| 23 |  $HD | HOME DEPOT, INC. | $17.3M | 2.0% | NEW | 60.3 |
| 24 |  $ISRG | INTUITIVE SURGICAL INC | $17.1M | 2.0% | +0% | 79.9 |
| 25 |  $SLF | SUN LIFE FINANCIAL INC | $16.1M | 1.9% | -48% | — |
| 26 |  $NFLX | NETFLIX INC | $15.9M | 1.8% | +0% | 78.8 |
| 27 |  $BCE | BCE INC | $15.7M | 1.8% | +0% | 55 |
| 28 |  $AJG | Arthur J. Gallagher & Co. | $15.0M | 1.7% | +52% | 71.2 |
| 29 |  $CCK | CROWN HOLDINGS, INC. | $14.8M | 1.7% | +0% | 62.1 |
| 30 |  $FSV | FirstService Corp | $14.1M | 1.6% | +15% | — |
| 31 |  $INFY | Infosys Ltd | $13.8M | 1.6% | +15% | — |
| 32 |  $NOW | ServiceNow, Inc. | $12.1M | 1.4% | -20% | 72.9 |
| 33 |  $TTEK | TETRA TECH INC | $11.9M | 1.4% | +0% | 60.2 |
| 34 |  $DE | DEERE & CO | $11.9M | 1.4% | -28% | 55.4 |
| 35 |  $SYK | STRYKER CORP | $11.6M | 1.3% | NEW | 72.1 |
| 36 |  $MSA | MSA Safety Inc | $11.4M | 1.3% | +0% | 63.4 |
| 37 |  $MCO | MOODYS CORP /DE/ | $11.4M | 1.3% | +0% | 79.1 |
| 38 |  $T | AT&T INC. | $11.0M | 1.3% | -30% | 65.7 |
| 39 |  $BHE | BENCHMARK ELECTRONICS INC | $10.0M | 1.1% | +0% | 47.7 |
| 40 |  $AMG | AFFILIATED MANAGERS GROUP, INC. | $9.8M | 1.1% | +0% | 56.1 |
| 41 |  $MSI | Motorola Solutions, Inc. | $9.6M | 1.1% | +0% | 71.8 |
| 42 |  $SANM | SANMINA CORP | $9.1M | 1.1% | -28% | 64.2 |
| 43 |  $ADBE | ADOBE INC. | $9.1M | 1.0% | +0% | 77.6 |
| 44 |  $PLXS | PLEXUS CORP | $8.7M | 1.0% | +0% | 62.5 |
| 45 |  $EPC | EDGEWELL PERSONAL CARE Co | $8.3M | 0.9% | +0% | 35.1 |
| 46 |  $KO | COCA COLA CO | $8.0M | 0.9% | -42% | 69.5 |
| 47 |  $GIB | CGI INC | $7.9M | 0.9% | +0% | — |
| 48 |  $IDXX | IDEXX LABORATORIES INC /DE | $7.8M | 0.9% | +0% | 73.8 |
| 49 |  $OBDC | Blue Owl Capital Corp | $7.8M | 0.9% | NEW | — |
| 50 |  $TFII | TFI International Inc. | $6.7M | 0.8% | -58% | — |
| 51 |  $SLGN | SILGAN HOLDINGS INC | $6.4M | 0.7% | +0% | 57.4 |
| 52 |  $PRGO | PERRIGO Co plc | $6.2M | 0.7% | +64% | — |
| 53 |  $CRI | CARTERS INC | $5.8M | 0.7% | +0% | 58.1 |
| 54 |  $COKE | Coca-Cola Consolidated, Inc. | $5.7M | 0.7% | +0% | 63.4 |
| 55 |  $REZI | RESIDEO TECHNOLOGIES, INC. | $4.9M | 0.6% | +0% | 54.9 |
| 56 |  $LIVN | LivaNova PLC | $4.5M | 0.5% | NEW | — |
| 57 |  $BCO | BRINKS CO | $4.5M | 0.5% | +0% | 56.7 |
| 58 |  $IONS | IONIS PHARMACEUTICALS INC | $4.1M | 0.5% | +0% | 23.4 |
| 59 |  $TJX | TJX COMPANIES INC /DE/ | $4.1M | 0.5% | -52% | 68.7 |
| 60 |  $NBR | NABORS INDUSTRIES LTD | $1.9M | 0.2% | +0% | — |
| 61 | — | ISHARES TR - IBOXX HI YD ETF | $1.1M | 0.1% | +0% | — |
New Positions (5)
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