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Asset Manager ← All Institutions

CIDEL ASSET MANAGEMENT INC

60 BLOOR ST. W, 9TH FLOOR, TORONTO M4W 3B8 • 416-977-6767

Q2 2025 · Filed 2025-07-29
Market Value
$1.5B
+9.0%
Holdings
362
+7
New Purchases
30
Added To
146
Closed
8
Reduced
107
Top 10 Concentration
33.7%
Turnover
10.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 5.30% 4.06% +1.24% $80M
ASML 0.91% 0.02% +0.89% $14M
MSI 0.53% 0.00% +0.53% $8M
SAP 2.57% 2.06% +0.51% $39M
NVDA 1.74% 1.27% +0.47% $26M
RY 5.14% 4.71% +0.42% $77M
MAR 1.60% 1.21% +0.39% $24M
MELI 1.78% 1.42% +0.36% $27M
TD 2.68% 2.34% +0.34% $40M
CM 2.14% 1.81% +0.33% $32M
AQN 1.21% 0.95% +0.26% $18M
V 3.18% 2.96% +0.22% $48M
STN 1.17% 0.96% +0.21% $18M
GIB 2.50% 2.31% +0.20% $38M
DSGX 0.96% 0.79% +0.17% $14M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 0.42% 2.28% -1.86% $6M
BMO 0.44% 1.64% -1.20% $7M
WTW 2.77% 3.55% -0.78% $42M
GNTX 0.58% 0.88% -0.30% $9M
UBER 1.14% 1.44% -0.29% $17M
STGW 0.61% 0.90% -0.28% $9M
ADBE 0.74% 1.02% -0.28% $11M
CRM 0.90% 1.15% -0.25% $13M
COP 0.93% 1.16% -0.23% $14M
AAPL 1.07% 1.29% -0.22% $16M
QSR 2.95% 3.17% -0.22% $44M
WCN 1.70% 1.88% -0.18% $26M
WEC 1.39% 1.56% -0.17% $21M
ZTS 1.24% 1.39% -0.15% $19M
ABT 2.98% 3.13% -0.15% $45M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 28.5%
Technology 16.0%
Industrials 10.8%
Healthcare 10.1%
Consumer Cyclical 9.6%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 63 $476M 31.7%
Large Cap 263 $887M 59.1%
Mid Cap 21 $113M 7.5%
Small Cap 13 $25M 1.6%
Micro Cap 2 $865K 0.1%

Portfolio Analytics

Avg Market Cap
$207.8B
Median Market Cap
$66.1B
Avg P/E
28.9
Median P/E
22.6
Avg Dividend Yield
0.02%
Avg Beta
0.93
# Stocks
326
# ETFs / Funds
36

Top Holdings (362 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 5.30% 159,887 $80M $497.41 $24M +10,837 +7.3%
2 RY 5.14% 586,633 $77M $131.53 $12M +9,893 +1.7%
3 V 3.18% 134,456 $48M $355.05 $7M +18,155 +15.6%
4 ABT 2.98% 329,181 $45M $136.01 $2M +3,661 +1.1%
5 FTS 2.97% 937,252 $45M $47.65 $3M +19,351 +2.1%
6 QSR 2.95% 669,683 $44M $66.20 $679K +14,726 +2.2%
7 J 2.90% 331,662 $44M $131.45 $4M +7,337 +2.3%
8 WTW 2.77% 135,728 $42M $306.50 -$7M -9,074 -6.3%
9 CNI 2.77% 399,269 $42M $103.99 $3M +7,936 +2.0%
10 TD 2.68% 548,715 $40M $73.40 $8M +10,554 +2.0%
11 SAP 2.57% 127,005 $39M $304.10 $10M +21,372 +20.2%
12 GIB 2.50% 358,422 $38M $104.81 $6M +40,032 +12.6%
13 CM 2.14% 453,232 $32M $70.84 $7M +9,410 +2.1%
14 CL 1.99% 329,060 $30M $90.90 $3M +39,413 +13.6%
15 OTEX 1.81% 931,450 $27M $29.16 $4M +18,872 +2.1%
16 JPM 1.79% 92,869 $27M $289.91 $2M -7,674 -7.6%
17 MELI 1.78% 10,248 $27M $2,613.63 $7M +198 +2.0%
18 NVDA 1.74% 165,234 $26M $157.99 $9M +3,441 +2.1%
19 WCN 1.70% 136,991 $26M $186.43 -$313K +4,340 +3.3%
20 0HQN.L 1.69% 108,906 $25M $233.21 $1M +2,854 +2.7%
21 MAR 1.60% 88,167 $24M $273.21 $7M +17,974 +25.6%
22 UNP 1.54% 100,561 $23M $230.08 $3M +15,079 +17.6%
23 CMS 1.49% 322,658 $22M $69.28 $2M +45,715 +16.5%
24 WEC 1.39% 200,914 $21M $104.20 -$620K +3,119 +1.6%
25 ZTS 1.24% 119,049 $19M $155.95 -$585K +2,735 +2.4%
26 AQN 1.21% 3,178,346 $18M $5.71 $5M +639,000 +25.2%
27 STN 1.17% 161,848 $18M $108.59 $4M +1,926 +1.2%
28 UBER 1.14% 184,115 $17M $93.30 -$3M -87,604 -32.2%
29 CIGI 1.12% 129,280 $17M $130.58 $1M +1,756 +1.4%
30 LLY 1.10% 21,135 $16M $779.53 $4M +5,476 +35.0%
31 AAPL 1.07% 78,574 $16M $205.17 -$2M -1,536 -1.9%
32 MFC 1.06% 496,570 $16M $31.91 $813K +14,088 +2.9%
33 DSGX 0.96% 142,322 $14M $101.38 $4M +34,411 +31.9%
34 RSP 0.95% 78,090 $14M $181.74 $665K
35 COP 0.93% 156,247 $14M $89.74 -$2M +3,431 +2.2%
36 LOW 0.92% 62,100 $14M $221.87 -$315K +1,672 +2.8%
37 ASML 0.91% 17,076 $14M $801.39 $13M +16,703 +4478.0%
38 CRM 0.90% 49,392 $13M $272.69 -$2M -9,443 -16.1%
39 PXH 0.86% 550,560 $13M $23.39 $2M +32,039 +6.2%
40 PG 0.82% 77,266 $12M $159.32 -$769K +519 +0.7%
41 ADBE 0.74% 28,574 $11M $386.88 -$3M -7,950 -21.8%
42 BNS 0.65% 176,053 $10M $55.18 $1M +2,663 +1.5%
43 PBA 0.62% 246,497 $9M $37.47 -$499K +3,062 +1.3%
44 STGW 0.61% 2,039,680 $9M $4.50 -$3M
45 GNTX 0.58% 396,452 $9M $21.99 -$3M -123,679 -23.8%
46 MSI 0.53% 18,749 $8M $420.46 +18,749 NEW
47 BRK-A 0.49% 10 $7M $728,800.00 -$696K
48 TSLA 0.47% 22,142 $7M $317.66 $1M -189 -0.8%
49 RIO 0.46% 119,603 $7M $58.33 -$233K -402 -0.3%
50 BMO 0.44% 60,021 $7M $110.60 -$16M -177,173 -74.7%
51 VIG 0.43% 31,355 $6M $204.67 $335K
52 GOOGL 0.42% 36,082 $6M $176.23 -$25M -167,054 -82.2%
53 VEA 0.39% 101,546 $6M $57.01 $628K
54 FNDX 0.38% 230,749 $6M $24.54 -$575K -33,464 -12.7%
55 VOO 0.37% 9,906 $6M $568.03 $536K
56 CCJ 0.37% 75,000 $6M $74.11 $2M
57 NGG 0.35% 69,633 $5M $74.41 $1M +12,380 +21.6%
58 BRK-B 0.34% 10,446 $5M $485.77 -$132K +671 +6.9%
59 GOOG 0.34% 28,456 $5M $177.39 $591K -72 -0.2%
60 XOM 0.33% 46,469 $5M $107.80 -$408K +918 +2.0%
61 AMZN 0.33% 22,406 $5M $219.39 $886K +1,225 +5.8%
62 PRF 0.33% 115,656 $5M $42.27 $205K -249 -0.2%
63 CNQ 0.32% 153,713 $5M $31.37 $112K +634 +0.4%
64 META 0.30% 6,169 $5M $738.09 $1M +34 +0.6%
65 MKC 0.27% 53,126 $4M $75.82 $1M +16,693 +45.8%
66 AWK 0.26% 28,032 $4M $139.11 $45K +1,905 +7.3%
67 CVX 0.25% 25,796 $4M $143.19 -$372K +1,494 +6.2%
68 BAC 0.24% 76,470 $4M $47.32 $199K -5,472 -6.7%
69 IVV 0.21% 5,009 $3M $620.90 $247K -87 -1.7%
70 WFC 0.21% 38,560 $3M $80.12 $145K -2,457 -6.0%
71 T 0.20% 103,942 $3M $28.94 -$233K -10,660 -9.3%
72 VZ 0.19% 66,118 $3M $43.27 -$210K -1,588 -2.4%
73 WMT 0.19% 29,109 $3M $97.78 $45K -2,801 -8.8%
74 MU 0.18% 21,832 $3M $123.25 $817K +267 +1.2%
75 CMCSA 0.17% 70,670 $3M $35.69 -$17K +1,863 +2.7%
76 C 0.16% 28,539 $2M $85.12 $266K -1,930 -6.3%
77 CVS 0.16% 34,883 $2M $68.98 $65K +320 +0.9%
78 JNJ 0.16% 15,696 $2M $152.75 -$267K -374 -2.3%
79 APH 0.16% 23,965 $2M $98.75 $745K -754 -3.0%
80 IBM 0.16% 8,018 $2M $294.78 $261K -437 -5.2%
81 ENB 0.16% 51,989 $2M $45.25 $53K +23 +0.0%
82 INTC 0.16% 104,224 $2M $22.40 $81K +4,989 +5.0%
83 COF 0.15% 10,561 $2M $212.76 $1M +4,875 +85.7%
84 CSCO 0.14% 31,285 $2M $69.38 $51K -3,061 -8.9%
85 NEE 0.14% 29,861 $2M $69.42 -$254K -2,963 -9.0%
86 UNH 0.14% 6,511 $2M $311.97 -$793K +1,118 +20.7%
87 COST 0.13% 2,044 $2M $989.94 $168K +82 +4.2%
88 PFE 0.12% 76,777 $2M $24.24 -$24K +2,373 +3.2%
89 FI 0.12% 10,791 $2M $172.41 $2M +9,399 +675.2%
90 SLF 0.12% 27,066 $2M $66.41 $269K +366 +1.4%
91 PXF 0.12% 31,072 $2M $57.42 $166K -44 -0.1%
92 HD 0.11% 4,703 $2M $366.64 -$44K -122 -2.5%
93 SCHW 0.11% 18,297 $2M $91.24 $237K
94 AEM 0.11% 13,299 $2M $118.90 $141K
95 PM 0.11% 8,660 $2M $182.13 $36K -1,050 -10.8%
96 AVGO 0.10% 5,670 $2M $275.65 $529K -506 -8.2%
97 GS 0.10% 2,171 $2M $707.75 $362K +21 +1.0%
98 FNDF 0.10% 37,900 $2M $40.02 $60K -2,403 -6.0%
99 VTI 0.10% 4,755 $1M $303.93 $138K
100 GM 0.09% 28,302 $1M $49.21 $78K +346 +1.2%

New Positions

SymbolValue% Port
MSI $8M 0.53%
EMRAF $1M 0.07%
GLXY $548K 0.04%
BIL $423K 0.03%
B $384K 0.03%
SPY $363K 0.02%
GEV $291K 0.02%
ACWI $285K 0.02%
VST $261K 0.02%
NRG $256K 0.02%
CEG $255K 0.02%
JBL $244K 0.02%
FIS $243K 0.02%
IQDG $232K 0.02%
WDC $224K 0.01%

Sold Out Positions

SymbolValue% Port
SGOV —%
SPG —%
GPN —%
DTE —%
ENPH —%
PFG —%
DFS —%
X —%
View SEC EDGAR Filings for CIDEL ASSET MANAGEMENT INC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms