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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Aviso Financial Inc.

Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0002033534-25-000008

Total Value
$2.46B
Positions
346
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (346)

#IssuerTicker / CUSIPSharesValue% of Filing
1TORONTO DOMINION BK ONTTORO1,659,224$132.7M5.39%
2BANK MONTREAL QUE0636711011,002,099$130.6M5.31%
3MICROSOFT CORPMSFT202,350$104.8M4.26%
4VISA INCV294,552$100.6M4.09%
5CANADIAN PACIFIC KANSAS CITYCP1,299,253$96.8M3.93%
6BROOKFIELD CORP11271J1071,402,621$96.3M3.91%
7ALPHABET INCGOOG381,909$93.0M3.78%
8BROADCOM INCAVGO273,682$90.3M3.67%
9CANADIAN NAT RES LTD1363851012,609,357$83.4M3.39%
10FRANCO NEV CORPFNV359,973$80.1M3.26%
11SAP SESAPGF283,560$75.8M3.08%
12ENBRIDGE INCENNPF1,486,424$75.0M3.05%
13RESTAURANT BRANDS INTL INC76131D103973,257$62.4M2.54%
14LINDE PLCLIN123,605$58.7M2.39%
15CANADIAN IMPERIAL BANK OF COCNDIF724,859$57.9M2.35%
16THERMO FISHER SCIENTIFIC INCTMO115,486$56.0M2.28%
17RESMED INCRSMDF201,382$55.1M2.24%
18ISHARES TR464287150361,570$52.7M2.14%
19JPMORGAN CHASE & CO.VYLD162,871$51.4M2.09%
20CGI INCGIB512,748$45.7M1.86%
21ISHARES TR46432F834545,498$45.0M1.83%
22MIDDLEBY CORPMIDD337,080$44.8M1.82%
23ROYAL BK CDA780087102266,557$39.3M1.60%
24BALL CORPBALL755,666$38.1M1.55%
25S&P GLOBAL INCSPGI76,839$37.4M1.52%
26PEPSICO INCPEP229,751$32.3M1.31%
27SPDR S&P 500 ETF TRSPY41,584$27.7M1.13%
28ALPHABET INCGOOG92,586$22.5M0.91%
29BANK NOVA SCOTIA HALIFAX064149107286,820$18.5M0.75%
30CANADIAN NATL RY CO136375102183,692$17.3M0.70%
31APPLE INCAAPL63,125$16.1M0.65%
32TC ENERGY CORPTRPRF284,690$15.5M0.63%
33BROOKFIELD INFRAST PARTNERSG16252101449,259$14.8M0.60%
34COSTCO WHSL CORP NEW22160K10513,791$12.8M0.52%
35EMERA INCEMRJF260,455$12.5M0.51%
36TJX COS INC NEW87254010983,350$12.0M0.49%
37AMAZON COM INCAMZN51,208$11.2M0.46%
38THOMSON REUTERS CORPTMSOF70,645$11.0M0.45%
39RB GLOBAL INCRBA99,634$10.8M0.44%
40META PLATFORMS INCMETA14,063$10.3M0.42%
41GRANITE REAL ESTATE INVT TR387437205168,512$9.4M0.38%
42WHEATON PRECIOUS METALS CORPWPM83,298$9.3M0.38%
43WASTE CONNECTIONS INCWCN50,736$8.9M0.36%
44MCDONALDS CORPMCD25,751$7.8M0.32%
45INTERCONTINENTAL EXCHANGE IN45866F10446,348$7.8M0.32%
46SUN LIFE FINANCIAL INC.SUNFF127,474$7.7M0.31%
47MASTERCARD INCORPORATEDMA13,040$7.4M0.30%
48BERKSHIRE HATHAWAY INC DELBRK-A14,684$7.4M0.30%
49TFI INTL INC87241L10981,344$7.2M0.29%
50CME GROUP INCCME26,099$7.1M0.29%
51WILLIAMS COS INC969457100108,099$6.8M0.28%
52SHOPIFY INCSHOP45,491$6.8M0.27%
53SUNCOR ENERGY INC NEWSU161,216$6.7M0.27%
54ASML HOLDING N VASMLF5,793$5.6M0.23%
55AMETEK INCAME28,729$5.4M0.22%
56MANULIFE FINL CORP56501R106172,568$5.4M0.22%
57JOHNSON & JOHNSONJNJ28,771$5.3M0.22%
58FORTIS INCFTRSF103,588$5.3M0.21%
59MARSH & MCLENNAN COS INC57174810225,714$5.2M0.21%
60PROCTER AND GAMBLE CO74271810932,845$5.0M0.21%
61ABBOTT LABSABLZF37,285$5.0M0.20%
62COLLIERS INTL GROUP INC19469310731,132$4.9M0.20%
63VERISK ANALYTICS INCVRSK19,001$4.8M0.19%
64TELUS CORPORATIONTU300,517$4.7M0.19%
65OTIS WORLDWIDE CORPOTIS50,348$4.6M0.19%
66UNITEDHEALTH GROUP INCUNH12,875$4.4M0.18%
67NVIDIA CORPORATIONNVDA22,331$4.2M0.17%
68REPUBLIC SVCS INC76075910018,150$4.2M0.17%
69ROGERS COMMUNICATIONS INCRCIAF119,003$4.1M0.17%
70BCE INCBCPPF172,466$4.0M0.16%
71AGNICO EAGLE MINES LTDAEM23,729$4.0M0.16%
72LOWES COS INC54866110715,628$3.9M0.16%
73STANTEC INCSTN36,404$3.9M0.16%
74OPEN TEXT CORPOTEX103,046$3.9M0.16%
75BECTON DICKINSON & COBDX19,503$3.7M0.15%
76DOMINOS PIZZA INCDPZ8,425$3.6M0.15%
77METHANEX CORPMEOH89,312$3.6M0.14%
78VERIZON COMMUNICATIONS INCVZ80,723$3.5M0.14%
79GILDAN ACTIVEWEAR INCGIL60,876$3.5M0.14%
80CENCORA INCCOR11,248$3.5M0.14%
81MOTOROLA SOLUTIONS INCMSI7,640$3.5M0.14%
82WATERS CORP94184810311,393$3.4M0.14%
83ASTRAZENECA PLCAZN44,413$3.4M0.14%
84SHELL PLCRYDAF46,331$3.3M0.13%
85WASTE MGMT INC DEL94106L10914,780$3.3M0.13%
86EQUINIX INCEQIX4,150$3.3M0.13%
87TOTALENERGIES SETTE53,310$3.2M0.13%
88HARTFORD INSURANCE GROUP INCHIG-PG23,725$3.2M0.13%
89TEXAS INSTRS INC88250810417,201$3.2M0.13%
90MARTIN MARIETTA MATLS INC5732841064,774$3.0M0.12%
91HOME DEPOT INCHD7,087$2.9M0.12%
92MEDTRONIC PLCMDT29,560$2.8M0.11%
93HEICO CORP NEWHEI-A8,623$2.8M0.11%
94DANAHER CORPORATION23585110213,825$2.7M0.11%
95ABBVIE INCABBV11,441$2.6M0.11%
96APTARGROUP INCATR19,679$2.6M0.11%
97DESCARTES SYS GROUP INC24990610827,141$2.6M0.10%
98AIR PRODS & CHEMS INCAIIR9,113$2.5M0.10%
99BANK AMERICA CORP06050510445,236$2.3M0.09%
100SONY GROUP CORPSNEJF78,200$2.3M0.09%
101CADENCE DESIGN SYSTEM INCCDNS6,396$2.2M0.09%
102SANOFI SASNYNF47,144$2.2M0.09%
103TAIWAN SEMICONDUCTOR MFG LTD8740391007,851$2.2M0.09%
104ROPER TECHNOLOGIES INCROP4,207$2.1M0.09%
105SERVICENOW INCNOW2,223$2.0M0.08%
106UNILEVER PLCUNLYF34,490$2.0M0.08%
107NIKE INCNKE28,733$2.0M0.08%
108FTI CONSULTING INCFCN12,183$2.0M0.08%
109BRP INCDOO31,883$1.9M0.08%
110ALBEMARLE CORPALB-PA23,258$1.9M0.08%
111BARRICK MNG CORP06849F10856,544$1.9M0.08%
112ICICI BANK LIMITEDIBN59,615$1.8M0.07%
113MAGNA INTL INC55922240137,186$1.8M0.07%
114PEMBINA PIPELINE CORPPPLOF43,251$1.7M0.07%
115FIRSTSERVICE CORP NEWFSV9,075$1.7M0.07%
116VODAFONE GROUP PLC NEW92857W308147,730$1.7M0.07%
117NOVO-NORDISK A SNONOF29,601$1.6M0.07%
118ORACLE CORPORCL-PD5,576$1.6M0.06%
119SHERWIN WILLIAMS COSHW4,462$1.5M0.06%
120WEC ENERGY GROUP INCWEC13,436$1.5M0.06%
121INTERACTIVE BROKERS GROUP IN45841N10722,221$1.5M0.06%
122AT&T INCT-PC53,520$1.5M0.06%
123CBRE GROUP INCCBRE9,573$1.5M0.06%
124DEERE & CODE3,278$1.5M0.06%
125FERRARI N VRACE3,080$1.5M0.06%
126NUTRIEN LTDNTR25,319$1.5M0.06%
127XPENG INCXPNGF63,370$1.5M0.06%
128ALIBABA GROUP HLDG LTDBBAAY8,285$1.5M0.06%
129COCA COLA COKO22,142$1.5M0.06%
130T-MOBILE US INCTMUSZ6,121$1.5M0.06%
131CAE INCCAE49,093$1.5M0.06%
132QUALCOMM INCQCOM8,654$1.4M0.06%
133PARKER-HANNIFIN CORPPH1,876$1.4M0.06%
134DARDEN RESTAURANTS INCDRI7,457$1.4M0.06%
135RIO TINTO PLCRTNTF21,200$1.4M0.06%
136BLACKROCK INCBLK1,195$1.4M0.06%
137BOSTON SCIENTIFIC CORPBSX14,149$1.4M0.06%
138ATS CORPORATIONATS52,243$1.4M0.06%
139NISOURCE INCNI31,200$1.4M0.05%
140INVESCO QQQ TRIVZ2,196$1.3M0.05%
141GRAINGER W W INC3848021041,369$1.3M0.05%
142WORKDAY INCWDAY5,370$1.3M0.05%
143ROLLINS INCROL21,998$1.3M0.05%
144AMERICAN FINL GROUP INC OHIO0259321048,762$1.3M0.05%
145BP PLCBPPFF36,860$1.3M0.05%
146VERTEX PHARMACEUTICALS INCVRTX3,165$1.2M0.05%
147BOEING COBA-PA5,720$1.2M0.05%
148IQVIA HLDGS INCIQV6,390$1.2M0.05%
149FISERV INCFISV9,394$1.2M0.05%
150MONDELEZ INTL INC60920710519,263$1.2M0.05%
151SALESFORCE INCCRM4,890$1.2M0.05%
152CLEARWATER ANALYTICS HLDGS ICWAN62,303$1.1M0.05%
153CROWDSTRIKE HLDGS INCCRWD2,270$1.1M0.05%
154IMPERIAL OIL LTDIMO12,188$1.1M0.04%
155AMGEN INCAMGN3,869$1.1M0.04%
156POST HLDGS INCPOST10,020$1.1M0.04%
157GUIDEWIRE SOFTWARE INCGWRE4,682$1.1M0.04%
158TRANSUNIONTRU12,809$1.1M0.04%
159WALMART INCWMT10,327$1.1M0.04%
160TECK RESOURCES LTDTCKRF24,115$1.1M0.04%
161CENOVUS ENERGY INCCVE61,324$1.0M0.04%
162FORTINET INCFTNT11,660$980,3720.04%
163ILLINOIS TOOL WKS INC4523081093,693$962,9860.04%
164ELI LILLY & COLLY1,239$945,3570.04%
165MONSTER BEVERAGE CORP NEWMNST13,938$938,1660.04%
166NASDAQ INCNDAQ10,605$938,0120.04%
167BENTLEY SYS INCBSY18,074$930,4490.04%
168BANK OZK LITTLE ROCK ARKOZKAP17,519$893,1180.04%
169EOG RES INCEOG7,932$889,3350.04%
170BROOKFIELD ASSET MANAGMT LTD11300410515,600$887,9050.04%
171ACCENTURE PLC IRELANDACN3,539$872,7170.04%
172RELX PLCRLXXF17,745$847,5010.03%
173INTUITIVE SURGICAL INCISRG1,894$847,0530.03%
174AXOS FINANCIAL INCAX9,921$839,8120.03%
175MOODYS CORPMCO1,745$831,4570.03%
176ZOETIS INCZTS5,621$822,4640.03%
177EXXON MOBIL CORPXOM7,200$811,8000.03%
178PUBLIC SVC ENTERPRISE GRP IN7445731069,649$805,3050.03%
179CHEVRON CORP NEWCVX5,130$796,6370.03%
180FEDEX CORPFDX3,360$792,3210.03%
181AON PLCAON2,209$787,6850.03%
182LIGHTSPEED COMMERCE INCLSPD67,920$784,3860.03%
183MARVELL TECHNOLOGY INCMRVL9,244$777,1430.03%
184CREDIT ACCEP CORP MICH2253101011,656$773,2360.03%
185VANGUARD SPECIALIZED FUNDS9219088443,465$747,7470.03%
186COPART INCCPRT15,196$683,3640.03%
187DEVON ENERGY CORP NEW25179M10318,870$661,5820.03%
188INTUITINTU950$648,7640.03%
189SERVISFIRST BANCSHARES INCSFBS7,352$592,0560.02%
190CVS HEALTH CORPCVS7,690$579,7490.02%
191MIZUHO FINANCIAL GROUP INCMZHOF86,241$577,8140.02%
192PROGRESSIVE CORP7433151032,326$574,4050.02%
193LCI INDS50189K1036,035$562,1600.02%
194ISHARES TR4642876065,722$549,0830.02%
195DISNEY WALT CO2546871064,557$521,7760.02%
196SCHWAB CHARLES CORPSCHW-PJ5,265$502,6490.02%
197ISHARES U S ETF TR46431W5079,771$501,0560.02%
198MSCI INCMSCI859$487,4050.02%
199BANCO SANTANDER S.A.BCDRF44,920$470,7610.02%
200CARMAX INCKMX10,476$470,0580.02%
201AMPHENOL CORP NEW0320951013,755$464,6810.02%
202VANGUARD WORLD FD92204A5041,767$458,8280.02%
203ISHARES INC46434G1036,676$440,1480.02%
204ISHARES TR46432F3961,692$433,9130.02%
205SPDR GOLD TRGLD1,211$430,4130.02%
206BROOKFIELD RENEWABLE CORPBEPC12,295$423,3220.02%
207ING GROEP N.V.INGVF15,609$407,0820.02%
208AMDOCS LTDDOX4,863$399,0090.02%
209KLA CORPKLAC328$353,7800.01%
210GSK PLCGLAXF8,084$348,9050.01%
211FLEXSHARES TRFLEX5,358$337,0710.01%
212ISHARES TR46434V64713,049$333,5320.01%
213PTC INCPTC1,530$310,6200.01%
214PAYPAL HLDGS INCPYPL4,607$308,9450.01%
215EQUINOX GOLD CORPEQX26,602$298,0410.01%
216UNITED RENTALS INCURI311$296,8990.01%
217DIAGEO PLCDGEAF3,062$292,2060.01%
218COCA-COLA EUROPACIFIC PARTNECCEP3,091$279,4570.01%
219PPG INDS INC6935061072,586$271,8140.01%
220FIDELITY MERRIMACK STR TR3161883095,838$269,9490.01%
221INTERCONTINENTAL HOTELS GROU45857P8062,112$256,1010.01%
222STARBUCKS CORPSBUX2,952$249,7390.01%
223BOOZ ALLEN HAMILTON HLDG CORBAH2,420$241,8790.01%
224ADVISORSHARES TR00768Y5603,392$232,7960.01%
225EQUIFAX INCEFX878$225,2330.01%
226BROOKFIELD RENEWABLE PARTNERG162581088,338$214,9360.01%
227ADOBE INCADBE598$210,9440.01%
228CHUBB LIMITEDCB732$206,6070.01%
229LAMAR ADVERTISING CO NEWLAMR1,631$199,6670.01%
230COMCAST CORP NEWCCZ6,137$192,8240.01%
231ARGENX SEARGX259$191,0280.01%
232HDFC BANK LTDHDB5,574$190,4070.01%
233HEALTHEQUITY INCHQY1,755$166,3210.01%
234ISHARES SILVER TRSLV3,644$154,3780.01%
235CRH PLCCRH1,268$152,0330.01%
236ITAU UNIBANCO HLDG S A46556210620,106$147,5780.01%
237SOUTH BOW CORPSOBO5,200$147,1620.01%
238TELUS INTL CDA INCTU31,266$139,5340.01%
239ISHARES TR4642884301,385$131,0210.01%
240AVERY DENNISON CORPAVY753$122,1140.00%
241J P MORGAN EXCHANGE TRADED F46641Q8522,486$121,8880.00%
242CORPAY INCCPAY403$116,0880.00%
243INTERNATIONAL BUSINESS MACHSINTR405$114,2740.00%
244ROYAL CARIBBEAN GROUPV7780T103300$97,0740.00%
245ISHARES TR464287200140$93,6990.00%
246UNITED PARCEL SERVICE INCUPS1,020$85,2000.00%
247MORGAN STANLEYMS-PQ500$79,4800.00%
248SELECT SECTOR SPDR TR81369Y506840$75,0370.00%
249KINROSS GOLD CORPKGCRF2,826$70,1470.00%
250VANGUARD WORLD FD92204A70293$69,4390.00%
251OR ROYALTIES INC.OR1,684$67,5050.00%
252VISTRA CORPVST287$56,2290.00%
253TESLA INCTSLA121$53,8110.00%
254NETFLIX INCNFLX42$50,3540.00%
255NATIONAL RESH CORP6373722023,050$38,9790.00%
256ABCELLERA BIOLOGICS INCABCL6,540$32,8960.00%
257ADVANCED MICRO DEVICES INCAMD200$32,3580.00%
258UNUM GROUPUNMA406$31,5780.00%
259UNITED THERAPEUTICS CORP DELUTHR72$30,1830.00%
260SPDR S&P MIDCAP 400 ETF TRMDY50$29,8060.00%
261INVESCO EXCHANGE TRADED FD TIVZ145$27,5060.00%
262ISHARES TR46436E4291,005$26,6830.00%
263ENACT HLDGS INCACT637$24,4220.00%
264CISCO SYS INCCSCO350$23,9470.00%
265ALGOMA STL GROUP INC0156581076,649$23,6040.00%
266NEXGEN ENERGY LTDNXE2,476$22,1710.00%
267SOFI TECHNOLOGIES INCSOFI800$21,1360.00%
268PUBLIC STORAGE OPER COPSA-PS73$21,0860.00%
269REINSURANCE GRP OF AMERICA I759351604108$20,7500.00%
270VANGUARD INTL EQUITY INDEX F922042742150$20,6750.00%
271UBER TECHNOLOGIES INCUBER200$19,5940.00%
272US BANCORP DELUSB-PS400$19,3320.00%
273ARCH CAP GROUP LTDG0450A105200$18,1460.00%
274VANGUARD INDEX FDS92290836328$17,1460.00%
275TRANSALTA CORPTACPF1,247$17,0350.00%
276FREEPORT-MCMORAN INCFCX402$15,7660.00%
277MANNKIND CORPMNKD2,738$14,7030.00%
278ISHARES TR464287440150$14,4690.00%
279CARNIVAL CORPCUKPF500$14,4550.00%
280UBIQUITI INCUI20$13,2110.00%
281BATH & BODY WORKS INCBBWI492$12,6730.00%
282CINTAS CORPCTAS60$12,3150.00%
283IAMGOLD CORPIAG898$11,6030.00%
284HEALTHCARE RLTY TR42226K105640$11,5390.00%
285PURE STORAGE INC74624M102130$10,8950.00%
286ARISTA NETWORKS INCANET68$9,9080.00%
287PHILIP MORRIS INTL INC71817210961$9,8940.00%
288VANGUARD INDEX FDS92290874452$9,6970.00%
289PAN AMERN SILVER CORP697900108250$9,6890.00%
290MARKEL GROUP INCMKL5$9,5560.00%
291STRYKER CORPORATIONSYK25$9,2410.00%
292GE AEROSPACE36960430130$9,0240.00%
293AMERICAN EXPRESS COAXP27$8,9680.00%
294KEYSIGHT TECHNOLOGIES INCKEYS51$8,9200.00%
295BROOKFIELD INFRASTRUCTURE COBIPC200$8,2150.00%
296AUTOMATIC DATA PROCESSING INADP25$7,3370.00%
297NEXTERA ENERGY INCNEE-PW85$6,4160.00%
298ISHARES TR46429B66352$6,3670.00%
299HONEYWELL INTL INC43851610630$6,3150.00%
300CROWN CASTLE INCCCI65$6,2710.00%
301PROLOGIS INC.PLDGP50$5,7260.00%
302HUDBAY MINERALS INCHBM374$5,6650.00%
303PACCAR INCPCAR57$5,6040.00%
304AIRBNB INCABNB46$5,5850.00%
305NORWEGIAN CRUISE LINE HLDG LNCLH200$4,9260.00%
306BLACKBERRY LTDBB1,000$4,8790.00%
307ELECTRONIC ARTS INCEA21$4,2350.00%
308GFL ENVIRONMENTAL INCGFL85$4,0290.00%
309ISHARES BITCOIN TRUST ETFIBIT59$3,8350.00%
310CNX RES CORPCNX100$3,2120.00%
311CENOVUS ENERGY INCCVE259$3,1770.00%
312CSX CORPCSX84$2,9820.00%
313BROOKFIELD BUSINESS PARTNERSBBUC90$2,9520.00%
314NEWMONT CORPNEMCL34$2,8660.00%
315EPAM SYS INCEPAM17$2,5630.00%
316THE TRADE DESK INC88339J10550$2,4500.00%
317ZENTEK LTDZTEK3,000$2,2850.00%
318LITHIUM AMERS CORP NEWLTUM400$2,2850.00%
319TRUPANION INCTRUP50$2,1640.00%
320KYNDRYL HLDGS INCKD72$2,1620.00%
321EXPEDIA GROUP INCEXPE10$2,1370.00%
322NORFOLK SOUTHN CORP6558441087$2,1020.00%
323EVERGY INCEVRG27$2,0520.00%
324UNION PAC CORPUNP8$1,8900.00%
325GE HEALTHCARE TECHNOLOGIES IGEHC25$1,8770.00%
326EXTRA SPACE STORAGE INCEXR13$1,8320.00%
327ISHARES TR46428755612$1,7320.00%
328CELESTICA INCCLS6$1,4760.00%
329MASCO CORPMAS20$1,4070.00%
330GLOBAL PMTS INC37940X10215$1,2460.00%
331APPLIED MATLS INC0382221056$1,2280.00%
332CBOE GLOBAL MKTS INC12503M1085$1,2260.00%
333SEABRIDGE GOLD INCSA50$1,2060.00%
334VERALTO CORPVLTO8$8520.00%
335BROOKFIELD WEALTH SOL LTDBNT11$7540.00%
336NEW GOLD INC CDA644535106100$7160.00%
337OCCIDENTAL PETE CORP67459916227$6880.00%
338GLADSTONE LD CORP37654910170$6410.00%
339WABTEC9297401082$4000.00%
340NORTHERN DYNASTY MINERALS LT66510M204190$2300.00%
341CHECK CAP LTDMBAI100$2120.00%
342HERTZ GLOBAL HLDGS INCHTZWW51$1890.00%
343AURORA CANNABIS INCACB19$1130.00%
344ONCOLYTICS BIOTECH INCONCY52$720.00%
345BIONANO GENOMICS INCBNGO1$10.00%
346CXAPP INCCXAIW1$00.00%