13F HOLDINGS REPORT
NICOLA WEALTH MANAGEMENT LTD.
Quarter ended Q2 2025 · Filed August 11, 2025 · Accession 0001734493-25-000009
Total Value
$1.07B
Positions
104
Other Managers
0
Confidential Omitted
No
Holdings (104)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BANK NOVA SCOTIA HALIFAX | 064149107 | 2,535,100 | $140.2M | 13.14% |
| 2 | TORONTO DOMINION BK ONT | TORO | 617,602 | $45.4M | 4.26% |
| 3 | MICROSOFT CORP | MSFT | 73,560 | $36.6M | 3.43% |
| 4 | TELUS CORPORATION | TU | 2,053,419 | $33.0M | 3.09% |
| 5 | BROADCOM INC | AVGO | 118,800 | $32.7M | 3.07% |
| 6 | META PLATFORMS INC | META | 39,500 | $29.2M | 2.73% |
| 7 | AMAZON COM INC | AMZN | 115,800 | $25.4M | 2.38% |
| 8 | VISA INC | V | 71,000 | $25.2M | 2.36% |
| 9 | WALMART INC | WMT | 240,200 | $23.5M | 2.20% |
| 10 | SERVICENOW INC | NOW | 22,000 | $22.6M | 2.12% |
| 11 | ISHARES TR | 46434V647 | 903,300 | $22.3M | 2.09% |
| 12 | DEERE & CO | DE | 43,500 | $22.1M | 2.07% |
| 13 | WASTE CONNECTIONS INC | WCN | 117,400 | $21.9M | 2.06% |
| 14 | UNION PAC CORP | UNP | 94,200 | $21.7M | 2.03% |
| 15 | AT&T INC | T-PC | 709,400 | $20.5M | 1.92% |
| 16 | ALPHABET INC | GOOG | 113,900 | $20.1M | 1.88% |
| 17 | HYATT HOTELS CORP | H | 138,500 | $19.3M | 1.81% |
| 18 | LINDE PLC | LIN | 39,800 | $18.7M | 1.75% |
| 19 | IDEXX LABS INC | 45168D104 | 34,800 | $18.7M | 1.75% |
| 20 | SUN LIFE FINANCIAL INC. | SUNFF | 277,300 | $18.4M | 1.73% |
| 21 | PROLOGIS INC. | PLDGP | 173,544 | $18.2M | 1.71% |
| 22 | CANADIAN NATL RY CO | 136375102 | 174,600 | $18.2M | 1.71% |
| 23 | CANADIAN NAT RES LTD | 136385101 | 575,900 | $18.1M | 1.70% |
| 24 | CROWN HLDGS INC | CCK | 175,000 | $18.0M | 1.69% |
| 25 | ADOBE INC | ADBE | 44,200 | $17.1M | 1.60% |
| 26 | NETFLIX INC | NFLX | 12,000 | $16.1M | 1.51% |
| 27 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 67,000 | $15.2M | 1.42% |
| 28 | INTUITIVE SURGICAL INC | ISRG | 26,600 | $14.5M | 1.36% |
| 29 | BCE INC | BCPPF | 632,400 | $14.0M | 1.31% |
| 30 | CUBESMART | CUBE | 320,300 | $13.6M | 1.28% |
| 31 | CGI INC | GIB | 122,000 | $12.8M | 1.20% |
| 32 | INFOSYS LTD | INFY | 680,000 | $12.6M | 1.18% |
| 33 | TC ENERGY CORP | TRPRF | 257,696 | $12.6M | 1.18% |
| 34 | ELECTRONIC ARTS INC | EA | 77,900 | $12.4M | 1.17% |
| 35 | TJX COS INC NEW | 872540109 | 96,000 | $11.9M | 1.11% |
| 36 | PEMBINA PIPELINE CORP | PPLOF | 305,400 | $11.5M | 1.07% |
| 37 | COCA COLA CO | KO | 130,000 | $9.2M | 0.86% |
| 38 | HDFC BANK LTD | HDB | 115,000 | $8.8M | 0.83% |
| 39 | NVIDIA CORPORATION | NVDA | 53,000 | $8.4M | 0.78% |
| 40 | KLA CORP | KLAC | 9,000 | $8.1M | 0.76% |
| 41 | GALLAGHER ARTHUR J & CO | 363576109 | 25,000 | $8.0M | 0.75% |
| 42 | CANADIAN PACIFIC KANSAS CITY | CP | 96,400 | $7.7M | 0.72% |
| 43 | UNITED RENTALS INC | URI | 9,200 | $6.9M | 0.65% |
| 44 | STANTEC INC | STN | 59,100 | $6.4M | 0.60% |
| 45 | SILGAN HLDGS INC | SLGN | 105,900 | $5.7M | 0.54% |
| 46 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 100,558 | $5.6M | 0.52% |
| 47 | PERRIGO CO PLC | PRGO | 203,000 | $5.4M | 0.51% |
| 48 | SANMINA CORPORATION | SANM | 55,100 | $5.4M | 0.51% |
| 49 | CASEYS GEN STORES INC | 147528103 | 10,400 | $5.3M | 0.50% |
| 50 | RESIDEO TECHNOLOGIES INC | REZI | 229,600 | $5.1M | 0.47% |
| 51 | JABIL INC | JBL | 22,500 | $4.9M | 0.46% |
| 52 | BENCHMARK ELECTRS INC | 08160H101 | 124,600 | $4.8M | 0.45% |
| 53 | ALLIANCEBERNSTEIN HLDG L P | 01881G106 | 114,000 | $4.7M | 0.44% |
| 54 | GRANITE REAL ESTATE INVT TR | 387437205 | 90,500 | $4.6M | 0.43% |
| 55 | COCA COLA CONS INC | COKE | 40,600 | $4.5M | 0.42% |
| 56 | AFFILIATED MANAGERS GROUP IN | MGRE | 22,000 | $4.3M | 0.41% |
| 57 | BRINKS CO | BCO | 41,600 | $3.7M | 0.35% |
| 58 | IONIS PHARMACEUTICALS INC | IONS | 87,000 | $3.4M | 0.32% |
| 59 | WELLTOWER INC | WELL | 20,642 | $3.2M | 0.30% |
| 60 | DIGITAL RLTY TR INC | 253868103 | 17,732 | $3.1M | 0.29% |
| 61 | XYLEM INC | XYL | 22,000 | $2.8M | 0.27% |
| 62 | BROOKFIELD RENEWABLE PARTNER | G16258108 | 110,000 | $2.8M | 0.26% |
| 63 | EQUINIX INC | EQIX | 3,486 | $2.8M | 0.26% |
| 64 | CONSTELLATION ENERGY CORP | CEG | 8,500 | $2.7M | 0.26% |
| 65 | ORMAT TECHNOLOGIES INC | ORA | 32,500 | $2.7M | 0.26% |
| 66 | AMERICAN WTR WKS CO INC NEW | 030420103 | 19,500 | $2.7M | 0.25% |
| 67 | NEXTERA ENERGY INC | NEE-PW | 38,500 | $2.7M | 0.25% |
| 68 | QUANTA SVCS INC | 74762E102 | 7,000 | $2.6M | 0.25% |
| 69 | EDGEWELL PERS CARE CO | 28035Q102 | 110,200 | $2.6M | 0.24% |
| 70 | ITRON INC | ITRI | 18,500 | $2.4M | 0.23% |
| 71 | DUN & BRADSTREET HLDGS INC | 26484T106 | 267,000 | $2.4M | 0.23% |
| 72 | HA SUSTAINABLE INFRA CAP INC | 41068X100 | 90,000 | $2.4M | 0.23% |
| 73 | EQUITY RESIDENTIAL | EQR | 34,943 | $2.4M | 0.22% |
| 74 | FIRST SOLAR INC | FSLR | 14,000 | $2.3M | 0.22% |
| 75 | CAMECO CORP | CCJ | 31,000 | $2.3M | 0.22% |
| 76 | FOOT LOCKER INC | 344849104 | 91,000 | $2.2M | 0.21% |
| 77 | WALGREENS BOOTS ALLIANCE INC | 931427108 | 190,000 | $2.2M | 0.20% |
| 78 | CARTERS INC | CRI | 71,100 | $2.1M | 0.20% |
| 79 | INVITATION HOMES INC | INVH | 61,231 | $2.0M | 0.19% |
| 80 | CAMDEN PPTY TR | 133131102 | 15,471 | $1.7M | 0.16% |
| 81 | VICI PPTYS INC | 925652109 | 52,537 | $1.7M | 0.16% |
| 82 | PUBLIC STORAGE OPER CO | PSA-PS | 5,480 | $1.6M | 0.15% |
| 83 | VENTAS INC | VTR | 23,770 | $1.5M | 0.14% |
| 84 | AGREE RLTY CORP | 008492100 | 20,296 | $1.5M | 0.14% |
| 85 | HILTON WORLDWIDE HLDGS INC | HLT | 5,440 | $1.4M | 0.14% |
| 86 | CBRE GROUP INC | CBRE | 10,055 | $1.4M | 0.13% |
| 87 | SIMON PPTY GROUP INC NEW | 828806109 | 8,550 | $1.4M | 0.13% |
| 88 | SONIDA SENIOR LIVING INC | SNDA | 54,977 | $1.4M | 0.13% |
| 89 | PRECISION DRILLING CORP | PDS | 28,000 | $1.3M | 0.12% |
| 90 | REGENCY CTRS CORP | 758849103 | 17,900 | $1.3M | 0.12% |
| 91 | VERTIV HOLDINGS CO | VRT | 9,000 | $1.2M | 0.11% |
| 92 | ENPHASE ENERGY INC | ENPH | 28,000 | $1.1M | 0.10% |
| 93 | TETRA TECH INC NEW | TTEK | 30,000 | $1.1M | 0.10% |
| 94 | AMERICAN TOWER CORP NEW | 03027X100 | 4,881 | $1.1M | 0.10% |
| 95 | EASTGROUP PPTYS INC | 277276101 | 6,200 | $1.0M | 0.10% |
| 96 | NNN REIT INC | NNN | 21,506 | $928,629 | 0.09% |
| 97 | NEXTRACKER INC | NXT | 17,000 | $924,290 | 0.09% |
| 98 | BLOOM ENERGY CORP | BE | 35,000 | $837,200 | 0.08% |
| 99 | BRIXMOR PPTY GROUP INC | 11120U105 | 29,060 | $756,722 | 0.07% |
| 100 | SL GREEN RLTY CORP | 78440X887 | 11,596 | $717,792 | 0.07% |
| 101 | NABORS INDUSTRIES LTD | NBRWF | 23,200 | $650,064 | 0.06% |
| 102 | HIGHWOODS PPTYS INC | 431284108 | 19,160 | $595,684 | 0.06% |
| 103 | HELMERICH & PAYNE INC | HP | 25,900 | $392,644 | 0.04% |
| 104 | HUDSON PAC PPTYS INC | 444097109 | 143,100 | $392,094 | 0.04% |