13F HOLDINGS REPORT
LINCLUDEN MANAGEMENT LTD
Quarter ended Q4 2025 · Filed January 30, 2026 · Accession 0001140361-26-002932
Total Value
$1.2M
Positions
71
Other Managers
0
Confidential Omitted
No
Holdings (71)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 829,383 | $107,289 | 9.11% |
| 2 | ROYAL BANK OF CANADA | 780087102 | 427,261 | $99,975 | 8.49% |
| 3 | BANK NOVA SCOTIA HALIFAX | 064149107 | 671,166 | $67,942 | 5.77% |
| 4 | BCE INC | BCPPF | 1,885,402 | $61,728 | 5.24% |
| 5 | TC ENERGY CORP. | TRPRF | 793,599 | $59,980 | 5.10% |
| 6 | CANADIAN NATIONAL RAILWAY CO | 136375102 | 419,122 | $56,896 | 4.83% |
| 7 | BROOKFIELD CORP | 11271J107 | 763,376 | $48,108 | 4.09% |
| 8 | MAGNA INTL INC | 559222401 | 642,618 | $47,020 | 3.99% |
| 9 | PEMBINA PIPELINE CORP. | PPLOF | 894,163 | $46,756 | 3.97% |
| 10 | NUTRIEN LTD. | NTR | 518,869 | $43,959 | 3.73% |
| 11 | RESTAURANT BRANDS INTL INC. | 76131D103 | 467,154 | $43,754 | 3.72% |
| 12 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 329,398 | $40,987 | 3.48% |
| 13 | MANULIFE FINL CORP COM | 56501R106 | 695,123 | $34,645 | 2.94% |
| 14 | TELUS CORP. | TU | 1,821,826 | $32,957 | 2.80% |
| 15 | SUNCOR ENERGY INC | SU | 536,309 | $32,672 | 2.78% |
| 16 | CANADIAN NAT RES LTD | 136385101 | 673,512 | $31,312 | 2.66% |
| 17 | BROOKFIELD INFRAST PARTNERS | G16252101 | 643,160 | $30,685 | 2.61% |
| 18 | BROOKFIELD RENEWABLE PARTNERS LP | G16258108 | 575,275 | $21,337 | 1.81% |
| 19 | CISCO SYSTEMS INC. | CSCO | 141,007 | $10,862 | 0.92% |
| 20 | FIRST SERVICE CORP | FSV | 46,898 | $10,010 | 0.85% |
| 21 | ALPHABET INC. | GOOG | 31,483 | $9,854 | 0.84% |
| 22 | VERIZON COMMUNICATIONS | VZ | 241,578 | $9,839 | 0.84% |
| 23 | PFIZER INC | PFE | 389,203 | $9,691 | 0.82% |
| 24 | GRANITE REAL ESTATE INVT TR | 387437205 | 112,144 | $9,163 | 0.78% |
| 25 | DIAGEO PLC-SPONS ADR | DGEAF | 99,706 | $8,602 | 0.73% |
| 26 | COLLIERS INTL GROUP INC. | 194693107 | 40,891 | $8,249 | 0.70% |
| 27 | MICROSOFT CORP. | MSFT | 16,997 | $8,220 | 0.70% |
| 28 | LENNAR CORP | LEN-B | 69,917 | $7,187 | 0.61% |
| 29 | US BANCORP | USB-PS | 132,444 | $7,067 | 0.60% |
| 30 | BOYD GROUP SERVICES INC | BGSI | 31,892 | $6,972 | 0.59% |
| 31 | BANK OF AMERICA CORPORATION | 060505104 | 126,604 | $6,963 | 0.59% |
| 32 | AMERICAN TOWER CORP | 03027X100 | 39,510 | $6,936 | 0.59% |
| 33 | JACOBS SOLUTIONS INC. | J | 50,397 | $6,676 | 0.57% |
| 34 | SAP SE | SAPGF | 27,410 | $6,658 | 0.57% |
| 35 | THERMO FISHER | TMO | 11,243 | $6,515 | 0.55% |
| 36 | CGI INC | GIB | 49,716 | $6,303 | 0.54% |
| 37 | ING GROEP N V | INGVF | 208,280 | $5,832 | 0.50% |
| 38 | JPMORGAN & CHASE & CO COM | VYLD | 17,687 | $5,699 | 0.48% |
| 39 | GILDAN ACTIVEWEAR INC | GIL | 62,103 | $5,328 | 0.45% |
| 40 | ROGERS COMMUNICATIONS INC | RCIAF | 99,632 | $5,162 | 0.44% |
| 41 | CORNING INC. | GLW | 58,455 | $5,118 | 0.43% |
| 42 | MORGAN STANLEY | MS-PQ | 26,422 | $4,691 | 0.40% |
| 43 | WALMART INC | WMT | 41,755 | $4,652 | 0.40% |
| 44 | CITIGROUP INC. | C-PR | 39,216 | $4,576 | 0.39% |
| 45 | EOG RESOURCES | EOG | 40,739 | $4,568 | 0.39% |
| 46 | COSTCO WHOLESALE | 22160K105 | 5,058 | $4,362 | 0.37% |
| 47 | UNITEDHEALTH GROUP INC COM | UNH | 13,099 | $4,324 | 0.37% |
| 48 | RMR GROUP INC. | RMR | 290,000 | $4,321 | 0.37% |
| 49 | HOME DEPOT | HD | 12,544 | $4,316 | 0.37% |
| 50 | FEDERAL REALTY INVT TR | 313745101 | 39,591 | $3,991 | 0.34% |
| 51 | DISNEY WALT CO | 254687106 | 37,955 | $3,986 | 0.34% |
| 52 | TERRENO REALTY CORP. | 88146M101 | 62,157 | $3,649 | 0.31% |
| 53 | WELLTOWER INC. | WELL | 19,273 | $3,577 | 0.30% |
| 54 | SANOFI SA | SNYNF | 73,340 | $3,554 | 0.30% |
| 55 | GSK PLC | GLAXF | 100,877 | $3,533 | 0.30% |
| 56 | TJX COMPANIES INC. | 872540109 | 20,232 | $3,108 | 0.26% |
| 57 | ULTA BEAUTY INC. | ULTA | 5,133 | $3,106 | 0.26% |
| 58 | GENTEX CORP. | GNTX | 132,523 | $3,084 | 0.26% |
| 59 | SHELL PLC | RYDAF | 40,518 | $2,977 | 0.25% |
| 60 | BROOKFIELD RENEWABLE | BEPC | 56,486 | $2,974 | 0.25% |
| 61 | EQUINIX INC. | EQIX | 3,800 | $2,911 | 0.25% |
| 62 | AVALONBAY CMNTYS INC. | AWX | 14,565 | $2,640 | 0.22% |
| 63 | TRACTOR SUPPLY CO | TSCO | 51,985 | $2,600 | 0.22% |
| 64 | JOHNSON & JOHNSON | JNJ | 11,615 | $2,404 | 0.20% |
| 65 | EXTRA SPACE STORAGE INC. | EXR | 16,794 | $2,187 | 0.19% |
| 66 | SIMON PPTY GROUP NEW | 828806109 | 10,519 | $1,947 | 0.17% |
| 67 | KB HOME | KBH | 32,730 | $1,846 | 0.16% |
| 68 | TOTAL ENERGIES SE | TTE | 27,414 | $1,793 | 0.15% |
| 69 | AMERICAN HEALTHCARE REIT INC | AHR | 37,595 | $1,769 | 0.15% |
| 70 | SUN CMNTYS INC | 866674104 | 13,407 | $1,661 | 0.14% |
| 71 | BXP INC. | BXP | 15,598 | $1,053 | 0.09% |