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Asset Manager ← All Institutions

NICOLA WEALTH MANAGEMENT LTD.

1508 WEST BROADWAY, 5TH FLOOR, VANCOUVER, A1 V6J1W8 • 6047396450

Q1 2026 · Filed 2026-05-07
Market Value
$814M
-24.3%
Holdings
66
New Purchases
3
Added To
15
Closed
5
Reduced
21
Top 10 Concentration
29.4%
Turnover
12.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TOTB.DE 2.95% 0.74% +2.21% $24M
AAPL 1.90% 0.00% +1.90% $15M
STN 2.15% 0.57% +1.59% $18M
MCO 1.35% 0.00% +1.35% $11M
MSI 1.23% 0.00% +1.23% $10M
NFLX 2.63% 1.46% +1.18% $21M
WCN 4.16% 3.02% +1.14% $34M
SLF 3.04% 2.13% +0.91% $25M
LIN 2.42% 1.58% +0.85% $20M
GOOGL 1.59% 0.80% +0.79% $13M
FSV 1.47% 0.73% +0.74% $12M
SNPS 1.98% 1.28% +0.71% $16M
CNQ 2.01% 1.36% +0.65% $16M
BCE 2.26% 1.62% +0.64% $18M
T 2.70% 2.12% +0.58% $22M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TRP 0.00% 10.24% -10.24% $0
BNS 0.00% 9.34% -9.34% $0
TD 2.11% 3.18% -1.08% $17M
CPRT 0.00% 0.93% -0.93% $0
IT 0.00% 0.83% -0.83% $0
HYG 0.13% 0.94% -0.80% $1M
MSFT 2.41% 2.99% -0.58% $20M
WSO 0.00% 0.25% -0.25% $0
WMT 1.61% 1.83% -0.22% $13M
DE 1.81% 1.97% -0.16% $15M
IONS 0.48% 0.64% -0.16% $4M
AMZN 2.14% 2.27% -0.13% $17M
ADBE 1.32% 1.44% -0.12% $11M
NOW 1.95% 1.97% -0.02% $16M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 22.0%
Industrials 18.4%
Communication Services 13.4%
Financial Services 13.0%
Energy 9.2%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 13 $222M 27.3%
Large Cap 37 $472M 58.0%
Mid Cap 11 $99M 12.2%
Small Cap 5 $20M 2.5%

Portfolio Analytics

Avg Market Cap
$474.0B
Median Market Cap
$47.8B
Avg P/E
28.5
Median P/E
27.9
Avg Dividend Yield
0.02%
Avg Beta
0.96
# Stocks
65
# ETFs / Funds
1

Top Holdings (66 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 WCN 4.16% 208,600 $34M $162.44 $1M +23,200 +12.5%
2 PBA 3.65% 664,500 $30M $44.75 -$8M -323,300 -32.7%
3 SLF 3.04% 394,400 $25M $62.63 $2M +27,500 +7.5%
4 TOTB.DE 2.95% 257,000 $24M $93.52 $16M +113,000 +78.5%
5 T 2.70% 758,400 $22M $28.99 -$777K -158,000 -17.2%
6 V 2.64% 71,000 $21M $302.24 -$3M
7 NVDA 2.64% 123,000 $21M $174.40 -$1M
8 NFLX 2.63% 222,700 $21M $96.15 $6M +55,700 +33.4%
9 UNP 2.59% 87,000 $21M $242.62 -$5M -25,000 -22.3%
10 ISRG 2.43% 42,900 $20M $460.99 -$5M
11 LIN 2.42% 39,800 $20M $495.76 $3M
12 MSFT 2.41% 53,060 $20M $370.17 -$13M -13,500 -20.3%
13 META 2.33% 33,200 $19M $572.13 -$2M +1,500 +4.7%
14 BCE 2.26% 729,000 $18M $25.23 $998K
15 STN 2.15% 202,800 $18M $86.43 $11M +138,200 +213.9%
16 AMZN 2.14% 83,800 $17M $208.27 -$7M -22,000 -20.8%
17 CNI 2.13% 168,600 $17M $102.90 -$2M -30,200 -15.2%
18 TD 2.11% 183,802 $17M $93.37 -$17M -179,500 -49.4%
19 CNQ 2.01% 336,100 $16M $48.77 $2M -96,800 -22.4%
20 SNPS 1.98% 40,700 $16M $396.48 $2M +11,500 +39.4%
21 TSM 1.95% 47,000 $16M $337.95 -$4M -20,000 -29.9%
22 NOW 1.95% 151,500 $16M $104.55 -$5M +13,500 +9.8%
23 TU 1.93% 1,223,219 $16M $12.85 -$405K
24 AAPL 1.90% 61,000 $15M $253.79 +61,000 NEW
25 INFY 1.89% 1,141,000 $15M $13.51 -$1M +193,000 +20.4%
26 H 1.86% 105,500 $15M $143.79 -$5M -18,000 -14.6%
27 DE 1.81% 26,100 $15M $563.30 -$6M -19,400 -42.6%
28 HDB 1.64% 538,000 $13M $24.88 -$1M +135,000 +33.5%
29 CCK 1.63% 132,000 $13M $100.25 -$359K
30 WMT 1.61% 105,200 $13M $124.28 -$7M -71,000 -40.3%
31 GOOGL 1.59% 45,000 $13M $287.56 $4M +17,500 +63.6%
32 KO 1.59% 170,000 $13M $76.05 $1M
33 TTEK 1.52% 411,000 $12M $30.12 $137K +46,000 +12.6%
34 TFII 1.49% 111,600 $12M $108.83 -$943K -15,000 -11.8%
35 FSV 1.47% 86,090 $12M $139.08 $4M +35,700 +70.8%
36 PLD 1.45% 89,000 $12M $132.18 $402K
37 AVGO 1.43% 37,500 $12M $309.51 $704K +6,000 +19.1%
38 CUBE 1.39% 309,000 $11M $36.65 $185K
39 MCO 1.35% 25,100 $11M $436.25 +25,100 NEW
40 ADBE 1.32% 44,200 $11M $243.08 -$5M
41 MSA 1.32% 65,375 $11M $163.95 -$872K -7,000 -9.7%
42 MSI 1.23% 23,000 $10M $433.97 +23,000 NEW
43 AJG 1.14% 42,900 $9M $216.58 -$2M
44 TJX 1.10% 56,000 $9M $159.70 $341K
45 GIB 1.10% 122,000 $9M $73.09 -$2M
46 IDXX 1.02% 14,800 $8M $561.89 -$2M
47 AMG 0.99% 29,000 $8M $276.70 -$336K
48 EPC 0.81% 308,200 $7M $21.34 $1M
49 SANM 0.80% 50,100 $6M $129.64 -$2M -5,000 -9.1%
50 PLXS 0.72% 29,000 $6M $202.54 -$888K -17,000 -37.0%
51 BHE 0.70% 101,600 $6M $56.06 $368K -23,000 -18.5%
52 COKE 0.70% 29,600 $6M $191.74 -$548K -11,000 -27.1%
53 REZI 0.65% 157,600 $5M $33.71 -$222K
54 SLGN 0.65% 136,900 $5M $38.80 -$215K
55 CRI 0.62% 141,100 $5M $35.76 -$762K -38,000 -21.2%
56 BCO 0.61% 47,600 $5M $103.63 -$624K
57 PRGO 0.48% 364,000 $4M $10.74 -$2K +83,000 +29.5%
58 IONS 0.48% 52,000 $4M $75.09 -$3M -35,000 -40.2%
59 PDS 0.34% 28,000 $3M $98.39 $745K
60 NBR 0.25% 23,200 $2M $86.06 $737K
61 HYG 0.13% 13,700 $1M $79.56 -$9M -111,300 -89.0%
62 CPRT —% -$10M -255,000 -100.0% SOLD
63 TRP —% -$110M -2,000,000 -100.0% SOLD
64 BNS —% -$100M -1,361,500 -100.0% SOLD
65 IT —% -$9M -35,500 -100.0% SOLD
66 WSO —% -$3M -8,000 -100.0% SOLD

New Positions

SymbolValue% Port
AAPL $15M 1.90%
MCO $11M 1.35%
MSI $10M 1.23%

Sold Out Positions

SymbolValue% Port
BNS —%
TRP —%
WSO —%
IT —%
CPRT —%
View SEC EDGAR Filings for NICOLA WEALTH MANAGEMENT LTD. →

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