Nicola Wealth Management Ltd. Top Holdings and 13F Report (2025)

About Nicola Wealth Management Ltd.

Investment Activity

Nicola Wealth Management Ltd. has $1.03 billion in total holdings as of March 31, 2025.
Nicola Wealth Management Ltd. owns shares of 111 different stocks, but just 42 companies or ETFs make up 80% of its holdings.
Approximately 20.97% of the portfolio was purchased this quarter.
About 11.16% of the portfolio was sold this quarter.
This quarter, Nicola Wealth Management Ltd. has purchased 107 new stocks and bought additional shares in 27 stocks.
Nicola Wealth Management Ltd. sold shares of 34 stocks and completely divested from 13 stocks this quarter.

Largest Holdings

Bank of Nova Scotia: $109,092,110
Toronto-Dominion Bank: $30,571,757
Microsoft: $27,613,688
iShares Global REIT ETF: $27,372,558
Visa: $24,882,660

Largest New Holdings this Quarter

064149107 - Bank of Nova Scotia: $109,092,110 Holding
45168D104 - IDEXX Laboratories: $16,504,035 Holding
G54950103 - LINDE PLC: $15,505,812 Holding
866796105 - Sun Life Financial: $9,973,661 Holding
67066G104 - NVIDIA: $5,744,140 Holding

Largest Purchases this Quarter

Bank of Nova Scotia: 2,300,000 shares (about $109.09M)
IDEXX Laboratories: 39,300 shares (about $16.50M)
LINDE PLC: 33,300 shares (about $15.51M)
Sun Life Financial: 174,200 shares (about $9.97M)
ServiceNow: 8,000 shares (about $6.37M)

Largest Sales this Quarter

AT&T: 285,800 shares (about $8.08M)
Brookfield Asset Management: 84,100 shares (about $4.07M)
Visa: 11,000 shares (about $3.86M)
Deere & Company: 7,800 shares (about $3.66M)
Casey's General Stores: 8,200 shares (about $3.56M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
BNS Bank of Nova Scotia	$109,092,110	$109,092,110 ▲	New Holding	2,300,000	10.6%	Finance
TD Toronto-Dominion Bank	$30,571,757		0.0%	510,002	3.0%	Finance
MSFT Microsoft	$27,613,688	$1,651,716 ▲	6.4%	73,560	2.7%	Computer and Technology
REET iShares Global REIT ETF	$27,372,558	$3,639,000 ▲	15.3%	1,128,300	2.7%	ETF
V Visa	$24,882,660	$3,855,060 ▼	-13.4%	71,000	2.4%	Business Services
UNH UnitedHealth Group	$24,302,000	$523,750 ▲	2.2%	46,400	2.4%	Medical
CASY Casey's General Stores	$23,394,756	$3,559,128 ▼	-13.2%	53,900	2.3%	Retail/Wholesale
CNI Canadian National Railway	$23,325,397		0.0%	239,600	2.3%	Transportation
META Meta Platforms	$22,766,220	$2,305,440 ▼	-9.2%	39,500	2.2%	Computer and Technology
AVGO Broadcom	$21,564,984	$3,315,114 ▲	18.2%	128,800	2.1%	Computer and Technology
T AT&T	$21,362,712	$8,082,424 ▼	-27.4%	755,400	2.1%	Computer and Technology
WMT Walmart	$21,087,158	$3,511,600 ▼	-14.3%	240,200	2.1%	Retail/Wholesale
SHOP Shopify	$20,592,862	$2,301,938 ▼	-10.1%	216,383	2.0%	Computer and Technology
DE Deere & Company	$20,416,725	$3,660,930 ▼	-15.2%	43,500	2.0%	Industrials
UNP Union Pacific	$19,891,408	$141,744 ▼	-0.7%	84,200	1.9%	Transportation
EA Electronic Arts	$19,784,788	$1,517,460 ▼	-7.1%	136,900	1.9%	Consumer Discretionary
PLD Prologis	$17,700,717	$470,189 ▼	-2.6%	158,339	1.7%	Finance
AMZN Amazon.com	$17,694,180		0.0%	93,000	1.7%	Retail/Wholesale
GOOGL Alphabet	$17,613,496	$1,391,760 ▼	-7.3%	113,900	1.7%	Computer and Technology
NOW ServiceNow	$17,515,080	$6,369,120 ▲	57.1%	22,000	1.7%	Computer and Technology
H Hyatt Hotels	$16,966,250	$2,695,000 ▲	18.9%	138,500	1.7%	Consumer Discretionary
ADBE Adobe	$16,952,026	$1,188,943 ▲	7.5%	44,200	1.7%	Computer and Technology
IDXX IDEXX Laboratories	$16,504,035	$16,504,035 ▲	New Holding	39,300	1.6%	Medical
NFLX Netflix	$15,853,010		0.0%	17,000	1.5%	Consumer Discretionary
SU Suncor Energy	$15,684,570	$3,056,175 ▼	-16.3%	404,922	1.5%	Energy
TU TELUS	$15,684,377		0.0%	1,093,119	1.5%	Utilities
CCK Crown	$15,620,500	$1,606,680 ▼	-9.3%	175,000	1.5%	Industrials
LINDE PLC	$15,505,812	$15,505,812 ▲	New Holding	33,300	1.5%	SHS
KLAC KLA	$14,955,600		0.0%	22,000	1.5%	Computer and Technology
EFX Equifax	$14,613,600		0.0%	60,000	1.4%	Business Services
GIB CGI	$13,432,235		0.0%	134,500	1.3%	Computer and Technology
ATS ATS	$13,048,850	$2,393,827 ▲	22.5%	523,300	1.3%	Industrials
CUBE CubeSmart	$12,343,190		0.0%	289,000	1.2%	Finance
WCC WESCO International	$11,694,090		0.0%	75,300	1.1%	Computer and Technology
BCE BCE	$11,416,417	$2,511,979 ▲	28.2%	497,200	1.1%	Utilities
TSM Taiwan Semiconductor Manufacturing	$11,122,000		0.0%	67,000	1.1%	Computer and Technology
AJG Arthur J. Gallagher & Co.	$11,047,680	$1,933,344 ▼	-14.9%	32,000	1.1%	Finance
TRP TC Energy	$10,969,788		0.0%	232,196	1.1%	Energy
ISRG Intuitive Surgical	$10,895,940	$5,447,970 ▲	100.0%	22,000	1.1%	Medical
CP Canadian Pacific Kansas City	$10,867,746	$2,316,768 ▲	27.1%	154,800	1.1%	Transportation
HDB HDFC Bank	$10,829,720		0.0%	163,000	1.1%	Finance
INFY Infosys	$10,201,750		0.0%	559,000	1.0%	Computer and Technology
ROST Ross Stores	$10,133,747		0.0%	79,300	1.0%	Retail/Wholesale
LULU Lululemon Athletica	$9,992,018	$934,098 ▲	10.3%	35,300	1.0%	Consumer Discretionary
SLF Sun Life Financial	$9,973,661	$9,973,661 ▲	New Holding	174,200	1.0%	Finance
LW Lamb Weston	$8,917,090		0.0%	167,300	0.9%	Consumer Staples
COKE Coca-Cola Consolidated	$6,831,000		0.0%	5,060	0.7%	Consumer Staples
BAM Brookfield Asset Management	$6,516,031	$4,072,580 ▼	-38.5%	134,558	0.6%	Finance
AB AllianceBernstein	$5,938,050		0.0%	155,000	0.6%	Finance
NVDA NVIDIA	$5,744,140	$5,744,140 ▲	New Holding	53,000	0.6%	Computer and Technology
PRGO Perrigo	$5,692,120	$1,233,760 ▲	27.7%	203,000	0.6%	Medical
PDCO Patterson Companies	$5,523,232		0.0%	176,800	0.5%	Medical
SLGN Silgan	$5,413,608		0.0%	105,900	0.5%	Industrials
STN Stantec	$4,900,555	$4,900,555 ▲	New Holding	59,100	0.5%	Business Services
JBL Jabil	$4,558,345		0.0%	33,500	0.4%	Computer and Technology
GRANITE REAL ESTATE INVT TR	$4,218,300	$932,221 ▼	-18.1%	90,500	0.4%	TR UNIT NEW
SANM Sanmina	$4,197,518		0.0%	55,100	0.4%	Computer and Technology
REZI Resideo Technologies	$4,063,920		0.0%	229,600	0.4%	Industrials
AMG Affiliated Managers Group	$3,696,660	$1,008,180 ▲	37.5%	22,000	0.4%	Finance
BCO Brink's	$3,584,256		0.0%	41,600	0.3%	Business Services
BHE Benchmark Electronics	$3,521,578		0.0%	92,600	0.3%	Computer and Technology
EPC Edgewell Personal Care	$3,439,342		0.0%	110,200	0.3%	Consumer Staples
DCBO Docebo	$3,423,990	$3,423,990 ▲	New Holding	119,000	0.3%	Computer and Technology
EQIX Equinix	$3,205,141	$301,680 ▲	10.4%	3,931	0.3%	Finance
WELL Welltower	$2,987,901	$123,640 ▲	4.3%	19,502	0.3%	Finance
CRI Carter's	$2,907,990		0.0%	71,100	0.3%	Consumer Discretionary
PSA Public Storage	$2,660,688	$179,574 ▲	7.2%	8,890	0.3%	Finance
BEP Brookfield Renewable Partners	$2,657,769	$332,221 ▼	-11.1%	120,000	0.3%	Utilities
IONS Ionis Pharmaceuticals	$2,624,790		0.0%	87,000	0.3%	Medical
ITRI Itron	$2,514,240	$628,560 ▼	-20.0%	24,000	0.2%	Computer and Technology
HASI HA Sustainable Infrastructure Capital	$2,485,400	$438,600 ▼	-15.0%	85,000	0.2%	Finance
PWR Quanta Services	$2,414,710	$381,270 ▲	18.8%	9,500	0.2%	Construction
EQR Equity Residential	$2,399,934	$596,261 ▲	33.1%	33,528	0.2%	Finance
DNB Dun & Bradstreet	$2,386,980	$956,580 ▲	66.9%	267,000	0.2%	Business Services
NEE NextEra Energy	$2,339,370	$921,570 ▼	-28.3%	33,000	0.2%	Utilities
CEG Constellation Energy	$2,318,745	$504,075 ▼	-17.9%	11,500	0.2%	Energy
AWK American Water Works	$2,139,040	$295,040 ▲	16.0%	14,500	0.2%	Utilities
ORA Ormat Technologies	$2,123,100	$601,545 ▼	-22.1%	30,000	0.2%	Energy
WBA Walgreens Boots Alliance	$2,122,300	$2,122,300 ▲	New Holding	190,000	0.2%	Retail/Wholesale
XYL Xylem	$1,971,090	$418,110 ▼	-17.5%	16,500	0.2%	Business Services
INVH Invitation Homes	$1,920,862	$171,810 ▼	-8.2%	55,118	0.2%	Finance
TTEK Tetra Tech	$1,813,500	$87,750 ▼	-4.6%	62,000	0.2%	Industrials
CPT Camden Property Trust	$1,773,350	$1,773,350 ▲	New Holding	14,500	0.2%	Finance
FSLR First Solar	$1,770,020		0.0%	14,000	0.2%	Energy
VICI VICI Properties	$1,734,895	$101,122 ▲	6.2%	53,185	0.2%	Finance
CCJ Cameco	$1,688,453	$205,909 ▲	13.9%	41,000	0.2%	Basic Materials
AMT American Tower	$1,584,346	$43,520 ▼	-2.7%	7,281	0.2%	Finance
DLR Digital Realty Trust	$1,497,667	$1,131,991 ▼	-43.0%	10,452	0.1%	Finance
ADC Agree Realty	$1,470,161	$177,537 ▼	-10.8%	19,046	0.1%	Finance
BE Bloom Energy	$1,435,180	$727,420 ▼	-33.6%	73,000	0.1%	Energy
ENPH Enphase Energy	$1,427,150	$496,400 ▼	-25.8%	23,000	0.1%	Energy
SUI Sun Communities	$1,412,982	$295,872 ▲	26.5%	10,984	0.1%	Finance
SNDA Shanda Interactive Entertainment	$1,403,665	$46,184 ▲	3.4%	60,269	0.1%	Medical
REG Regency Centers	$1,320,304	$339,296 ▼	-20.4%	17,900	0.1%	Finance
PDS Precision Drilling	$1,302,190		0.0%	28,000	0.1%	Energy
FL Foot Locker	$1,283,100		0.0%	91,000	0.1%	Retail/Wholesale
CBRE CBRE Group	$1,193,237	$65,390 ▲	5.8%	9,124	0.1%	Finance
VTR Ventas	$1,168,920	$1,168,920 ▲	New Holding	17,000	0.1%	Finance
VRT Vertiv	$1,155,200	$1,155,200 ▲	New Holding	16,000	0.1%	Computer and Technology
NXT Nextracker	$1,053,500	$969,220 ▼	-47.9%	25,000	0.1%	Energy

Showing largest 100 holdings. View all holdings.

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Nicola Wealth Management Ltd. Top Holdings and 13F Report (2025)

About Nicola Wealth Management Ltd.

Investment Activity

Largest Holdings

Largest New Holdings this Quarter

Largest Purchases this Quarter

Largest Sales this Quarter

Sector Allocation Over Time

Latest 13F Holdings and Changes Since Previous Quarterly Filing

More Institutional Buying and Selling Information

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

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Nicola Wealth Management Ltd. Top Holdings and 13F Report (2025)

About Nicola Wealth Management Ltd.

Investment Activity

Largest Holdings

Largest New Holdings this Quarter

Largest Purchases this Quarter

Largest Sales this Quarter

Sector Allocation Over Time

Map of 500 Largest Holdings ofNicola Wealth Management Ltd.

Latest 13F Holdings and Changes Since Previous Quarterly Filing

More Institutional Buying and Selling Information

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools