13F HOLDINGS REPORT
LINCLUDEN MANAGEMENT LTD
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001140361-25-042212
Total Value
$898,284
Positions
69
Other Managers
0
Confidential Omitted
No
Holdings (69)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 906,632 | $72,064 | 8.02% |
| 2 | ROYAL BANK OF CANADA | 780087102 | 443,782 | $65,020 | 7.24% |
| 3 | BCE INC | BCPPF | 1,947,511 | $45,238 | 5.04% |
| 4 | BANK NOVA SCOTIA HALIFAX | 064149107 | 698,397 | $44,892 | 5.00% |
| 5 | TC ENERGY CORP. | TRPRF | 825,906 | $44,640 | 4.97% |
| 6 | RESTAURANT BRANDS INTL INC. | 76131D103 | 484,125 | $43,223 | 4.81% |
| 7 | CANADIAN NATIONAL RAILWAY CO | 136375102 | 434,344 | $40,717 | 4.53% |
| 8 | PEMBINA PIPELINE CORP. | PPLOF | 927,892 | $37,295 | 4.15% |
| 9 | BROOKFIELD CORP | 11271J107 | 529,379 | $36,107 | 4.02% |
| 10 | NUTRIEN LTD. | NTR | 541,282 | $31,599 | 3.52% |
| 11 | MAGNA INTL INC | 559222401 | 669,153 | $31,517 | 3.51% |
| 12 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 385,862 | $30,651 | 3.41% |
| 13 | MANULIFE FINL CORP COM | 56501R106 | 861,530 | $26,683 | 2.97% |
| 14 | TELUS CORP. | TU | 1,660,506 | $25,999 | 2.89% |
| 15 | SUNCOR ENERGY INC | SU | 557,712 | $23,201 | 2.58% |
| 16 | CANADIAN NAT RES LTD | 136385101 | 700,082 | $22,253 | 2.48% |
| 17 | BROOKFIELD RENEWABLE PARTNERS LP | G16258108 | 601,344 | $15,407 | 1.72% |
| 18 | VERIZON COMMUNICATIONS | VZ | 254,696 | $11,194 | 1.25% |
| 19 | ALPHABET INC. | GOOG | 43,831 | $10,655 | 1.19% |
| 20 | PFIZER INC | PFE | 412,028 | $10,498 | 1.17% |
| 21 | CISCO SYSTEMS INC. | CSCO | 147,274 | $10,076 | 1.12% |
| 22 | MICROSOFT CORP. | MSFT | 18,694 | $9,683 | 1.08% |
| 23 | LENNAR CORP | LEN-B | 66,066 | $8,327 | 0.93% |
| 24 | AMERICAN TOWER CORP | 03027X100 | 41,175 | $7,919 | 0.88% |
| 25 | FIRST SERVICE CORP | FSV | 41,080 | $7,781 | 0.87% |
| 26 | SAP SE | SAPGF | 27,439 | $7,332 | 0.82% |
| 27 | THERMO FISHER | TMO | 14,749 | $7,154 | 0.80% |
| 28 | BANK OF AMERICA CORPORATION | 060505104 | 138,471 | $7,144 | 0.80% |
| 29 | US BANCORP | USB-PS | 145,272 | $7,021 | 0.78% |
| 30 | JACOBS SOLUTIONS INC. | J | 42,445 | $6,361 | 0.71% |
| 31 | COLLIERS INTL GROUP INC. | 194693107 | 40,891 | $6,357 | 0.71% |
| 32 | GRANITE REAL ESTATE INVT TR | 387437205 | 112,144 | $6,194 | 0.69% |
| 33 | JPMORGAN & CHASE & CO COM | VYLD | 19,098 | $6,024 | 0.67% |
| 34 | ING GROEP N V | INGVF | 227,259 | $5,927 | 0.66% |
| 35 | HOME DEPOT | HD | 13,794 | $5,589 | 0.62% |
| 36 | DIAGEO PLC-SPONS ADR | DGEAF | 57,835 | $5,519 | 0.61% |
| 37 | WAL MART STORES INC | WMT | 52,164 | $5,376 | 0.60% |
| 38 | CORNING INC. | GLW | 63,998 | $5,250 | 0.58% |
| 39 | MORGAN STANLEY | MS-PQ | 32,146 | $5,110 | 0.57% |
| 40 | COSTCO WHOLESALE | 22160K105 | 5,432 | $5,028 | 0.56% |
| 41 | UNITEDHEALTH GROUP INC COM | UNH | 14,322 | $4,945 | 0.55% |
| 42 | EQUINIX INC. | EQIX | 2,585 | $4,568 | 0.51% |
| 43 | EOG RESOURCES | EOG | 40,739 | $4,568 | 0.51% |
| 44 | RMR GROUP INC. | RMR | 290,000 | $4,562 | 0.51% |
| 45 | CITIGROUP INC. | C-PR | 43,968 | $4,463 | 0.50% |
| 46 | CGI INC | GIB | 50,371 | $4,460 | 0.50% |
| 47 | WELLTOWER INC. | WELL | 23,650 | $4,213 | 0.47% |
| 48 | GENTEX CORP. | GNTX | 146,168 | $4,137 | 0.46% |
| 49 | ULTA BEAUTY INC. | ULTA | 7,342 | $4,014 | 0.45% |
| 50 | FEDERAL REALTY INVT TR | 313745101 | 39,591 | $4,011 | 0.45% |
| 51 | SANOFI SA | SNYNF | 80,117 | $3,782 | 0.42% |
| 52 | GILDAN ACTIVEWEAR INC | GIL | 63,594 | $3,652 | 0.41% |
| 53 | TERRENO REALTY CORP. | 88146M101 | 62,157 | $3,527 | 0.39% |
| 54 | ROGERS COMMUNICATIONS INC | RCIAF | 101,894 | $3,487 | 0.39% |
| 55 | DISNEY WALT CO | 254687106 | 29,947 | $3,429 | 0.38% |
| 56 | TRACTOR SUPPLY CO | TSCO | 58,363 | $3,319 | 0.37% |
| 57 | TJX COMPANIES INC. | 872540109 | 22,649 | $3,274 | 0.36% |
| 58 | SHELL PLC | RYDAF | 43,956 | $3,144 | 0.35% |
| 59 | SUN CMNTYS INC | 866674104 | 22,478 | $2,900 | 0.32% |
| 60 | AVALONBAY CMNTYS INC. | AWX | 14,565 | $2,813 | 0.31% |
| 61 | GSK PLC | GLAXF | 61,480 | $2,653 | 0.30% |
| 62 | JOHNSON & JOHNSON | JNJ | 12,950 | $2,401 | 0.27% |
| 63 | EXTRA SPACE STORAGE INC. | EXR | 16,794 | $2,367 | 0.26% |
| 64 | BROOKFIELD RENEWABLE | BEPC | 62,884 | $2,152 | 0.24% |
| 65 | SIMON PPTY GROUP NEW | 828806109 | 10,519 | $1,974 | 0.22% |
| 66 | KB HOME | KBH | 30,884 | $1,965 | 0.22% |
| 67 | TOTAL ENERGIES SE | TTE | 30,745 | $1,835 | 0.20% |
| 68 | BXP INC. | BXP | 21,246 | $1,579 | 0.18% |
| 69 | BROOKFIELD WEALTH SOLUTIONS | BNT | 959 | $65 | 0.01% |