13F HOLDINGS REPORT
Northwest & Ethical Investments L.P.
Quarter ended Q2 2025 · Filed July 7, 2025 · Accession 0002033536-25-000008
Total Value
$1.05B
Positions
204
Other Managers
0
Confidential Omitted
No
Holdings (204)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 1,018,198 | $64.2M | 6.11% |
| 2 | ROYAL BK CDA MONTREAL QUE | 780087102 | 918,608 | $49.5M | 4.72% |
| 3 | ROGERS COMMUNICATIONS INC | RCIAF | 1,307,000 | $40.8M | 3.89% |
| 4 | BCE INC | BCPPF | 1,370,112 | $38.0M | 3.62% |
| 5 | CDN IMPERIAL BK OF COMMERCE | CNDIF | 544,700 | $35.5M | 3.38% |
| 6 | TELUS CORP | TU | 1,091,638 | $34.2M | 3.25% |
| 7 | CANADIAN NATL RY CO | 136375102 | 560,310 | $30.7M | 2.92% |
| 8 | MANULIFE FINL CORP | 56501R106 | 1,536,500 | $28.4M | 2.70% |
| 9 | SHAW COMMUNICATIONS INC | 82028K200 | 1,225,308 | $25.4M | 2.42% |
| 10 | ENCANA CORP | 292505104 | 737,522 | $24.0M | 2.29% |
| 11 | RESEARCH IN MOTION LTD | 760975102 | 349,520 | $23.7M | 2.26% |
| 12 | ENBRIDGE INC | ENNPF | 499,530 | $23.2M | 2.21% |
| 13 | CAE INC | CAE | 2,692,647 | $22.6M | 2.15% |
| 14 | THOMSON REUTERS CORP | TMSOF | 693,500 | $22.5M | 2.14% |
| 15 | SUNCOR ENERGY INC NEW | SU | 611,966 | $21.8M | 2.07% |
| 16 | GROUPE CGI INC | 39945C109 | 1,493,660 | $20.3M | 1.94% |
| 17 | JOHNSON & JOHNSON | JNJ | 313,770 | $20.2M | 1.93% |
| 18 | CENOVUS ENERGY INC | CVE | 737,522 | $18.7M | 1.78% |
| 19 | PROCTER & GAMBLE CO | 742718109 | 306,000 | $18.6M | 1.77% |
| 20 | CANADIAN NAT RES LTD | 136385101 | 228,580 | $16.6M | 1.58% |
| 21 | GOLDCORP INC NEW | NVGLF | 408,000 | $16.1M | 1.54% |
| 22 | MOLSON COORS BREWING CO | TAP-A | 324,526 | $14.7M | 1.40% |
| 23 | POTASH CORP SASK INC | 73755L107 | 124,100 | $13.6M | 1.29% |
| 24 | CORUS ENTERTAINMENT INC | 220874101 | 712,900 | $13.5M | 1.29% |
| 25 | NEXEN INC | NXTS | 546,800 | $13.2M | 1.26% |
| 26 | CANADIAN PAC RY LTD | 13645T100 | 234,600 | $12.7M | 1.21% |
| 27 | SUN LIFE FINL INC | SUNFF | 412,270 | $11.9M | 1.14% |
| 28 | 3M CO | MMM | 143,800 | $11.9M | 1.13% |
| 29 | FIRSTSERVICE CORP | FSV | 574,000 | $11.1M | 1.06% |
| 30 | BROOKFIELD ASSET MGMT INC | 112585104 | 452,275 | $10.1M | 0.96% |
| 31 | CONOCOPHILLIPS | COP | 177,100 | $9.0M | 0.86% |
| 32 | WASTE MGMT INC DEL | 94106L109 | 254,000 | $8.6M | 0.82% |
| 33 | TIM HORTONS INC | 88706M103 | 269,600 | $8.3M | 0.79% |
| 34 | MICROSOFT CORP | MSFT | 264,580 | $8.1M | 0.77% |
| 35 | PFIZER INC | PFE | 441,300 | $8.0M | 0.76% |
| 36 | NOKIA CORP | NOKBF | 601,485 | $7.7M | 0.74% |
| 37 | JAGUAR MNG INC | 47009M103 | 666,703 | $7.5M | 0.72% |
| 38 | SXC HEALTH SOLUTIONS CORP | 78505P100 | 125,389 | $6.9M | 0.65% |
| 39 | KIMBERLY CLARK CORP | KMB | 83,985 | $5.4M | 0.51% |
| 40 | INGERSOLL-RAND PLC | IR | 148,600 | $5.3M | 0.51% |
| 41 | NORTHERN TR CORP | NTRSO | 101,320 | $5.3M | 0.51% |
| 42 | ACCENTURE PLC IRELAND | ACN | 125,680 | $5.2M | 0.50% |
| 43 | JPMORGAN CHASE & CO | VYLD | 124,850 | $5.2M | 0.50% |
| 44 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 89,640 | $5.0M | 0.48% |
| 45 | COMCAST CORP NEW | CCZ | 274,000 | $4.6M | 0.44% |
| 46 | GILDAN ACTIVEWEAR INC | GIL | 187,599 | $4.6M | 0.44% |
| 47 | STANTEC INC | STN | 157,884 | $4.6M | 0.44% |
| 48 | HEINZ H J CO | 423074103 | 106,270 | $4.5M | 0.43% |
| 49 | DISNEY WALT CO | 254687106 | 140,870 | $4.5M | 0.43% |
| 50 | CISCO SYS INC | CSCO | 186,700 | $4.5M | 0.43% |
| 51 | COVIDIEN PLC | G2554F105 | 92,640 | $4.4M | 0.42% |
| 52 | SOUTHWEST AIRLS CO | 844741108 | 372,720 | $4.3M | 0.41% |
| 53 | HSBC HLDGS PLC | HBCYF | 71,346 | $4.1M | 0.39% |
| 54 | TRANSGLOBE ENERGY CORP | 893662106 | 1,207,187 | $4.0M | 0.39% |
| 55 | WHOLE FOODS MKT INC | 966837106 | 145,700 | $4.0M | 0.38% |
| 56 | COMPANHIA DE SANEAMENTO BASI | SBS | 101,656 | $4.0M | 0.38% |
| 57 | CARNIVAL CORP | CUKPF | 124,480 | $3.9M | 0.38% |
| 58 | DIRECTV | 25490A101 | 113,950 | $3.8M | 0.36% |
| 59 | WESTERN UN CO | WU | 194,300 | $3.7M | 0.35% |
| 60 | HESS CORP | HESM | 57,300 | $3.5M | 0.33% |
| 61 | MORGAN STANLEY | MS-PQ | 115,450 | $3.4M | 0.33% |
| 62 | ELECTRONIC ARTS INC | EA | 187,340 | $3.3M | 0.32% |
| 63 | INTERNATIONAL BUSINESS MACHS | INTR | 25,290 | $3.3M | 0.32% |
| 64 | EQUIFAX INC | EFX | 103,800 | $3.2M | 0.31% |
| 65 | WATERS CORP | 941848103 | 51,200 | $3.2M | 0.30% |
| 66 | ING GROEP N V | INGVF | 317,426 | $3.1M | 0.30% |
| 67 | PETROLEO BRASILEIRO SA PETRO | 71654V408 | 64,600 | $3.1M | 0.29% |
| 68 | KROGER CO | KR | 147,900 | $3.0M | 0.29% |
| 69 | UNITED PARCEL SERVICE INC | UPS | 52,870 | $3.0M | 0.29% |
| 70 | E M C CORP MASS | 268648102 | 173,550 | $3.0M | 0.29% |
| 71 | OVERSEAS SHIPHOLDING GROUP I | 690368105 | 68,100 | $3.0M | 0.29% |
| 72 | CROWN CASTLE INTL CORP | CCI | 74,990 | $2.9M | 0.28% |
| 73 | WESTERN DIGITAL CORP | WDC | 63,000 | $2.8M | 0.26% |
| 74 | DELL INC | DELL | 192,200 | $2.8M | 0.26% |
| 75 | WEATHERFORD INTERNATIONAL LT | WFRD | 153,810 | $2.8M | 0.26% |
| 76 | PROGRESSIVE CORP OHIO | 743315103 | 149,200 | $2.7M | 0.26% |
| 77 | FEDEX CORP | FDX | 31,790 | $2.7M | 0.25% |
| 78 | AMDOCS LTD | DOX | 92,730 | $2.6M | 0.25% |
| 79 | KELLOGG CO | BEKE | 49,165 | $2.6M | 0.25% |
| 80 | PAYCHEX INC | PAYX | 84,200 | $2.6M | 0.25% |
| 81 | FRESENIUS MED CARE AG&CO KGA | FMCQF | 48,580 | $2.6M | 0.25% |
| 82 | TIME WARNER INC | 887317303 | 88,133 | $2.6M | 0.24% |
| 83 | METLIFE INC | MET-PF | 71,000 | $2.5M | 0.24% |
| 84 | RITCHIE BROS AUCTIONEERS | 767744105 | 109,077 | $2.5M | 0.24% |
| 85 | STATOIL ASA | 85771P102 | 98,000 | $2.4M | 0.23% |
| 86 | GENZYME CORP | 372917104 | 48,900 | $2.4M | 0.23% |
| 87 | DRAGONWAVE INC | 26144M103 | 200,000 | $2.3M | 0.22% |
| 88 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 50,000 | $2.3M | 0.22% |
| 89 | WEYERHAEUSER CO | WY | 52,400 | $2.3M | 0.22% |
| 90 | INTERNATIONAL GAME TECHNOLOG | INTR | 114,490 | $2.1M | 0.20% |
| 91 | GOLDMAN SACHS GROUP INC | GSCE | 12,600 | $2.1M | 0.20% |
| 92 | THERMO FISHER SCIENTIFIC INC | TMO | 44,450 | $2.1M | 0.20% |
| 93 | DICKS SPORTING GOODS INC | 253393102 | 84,990 | $2.1M | 0.20% |
| 94 | QUEST DIAGNOSTICS INC | DGX | 34,790 | $2.1M | 0.20% |
| 95 | GENERAL MLS INC | 370334104 | 28,890 | $2.0M | 0.19% |
| 96 | PERKINELMER INC | RVTY | 94,470 | $1.9M | 0.19% |
| 97 | UNILEVER PLC | UNLYF | 60,970 | $1.9M | 0.19% |
| 98 | GLAXOSMITHKLINE PLC | GLAXF | 44,650 | $1.9M | 0.18% |
| 99 | ENI S P A | 26874R108 | 37,050 | $1.9M | 0.18% |
| 100 | CERNER CORP | 156782104 | 22,600 | $1.9M | 0.18% |
| 101 | KOHLS CORP | KSS | 33,790 | $1.8M | 0.17% |
| 102 | NORDSTROM INC | 655664100 | 47,020 | $1.8M | 0.17% |
| 103 | WPP PLC | WPPGF | 34,600 | $1.7M | 0.16% |
| 104 | GEN-PROBE INC NEW | 36866T103 | 37,840 | $1.6M | 0.15% |
| 105 | CNOOC LTD | 126132109 | 10,384 | $1.6M | 0.15% |
| 106 | ECLIPSYS CORP | 278856109 | 86,460 | $1.6M | 0.15% |
| 107 | SAFEWAY INC | 786514208 | 74,640 | $1.6M | 0.15% |
| 108 | SHERWIN WILLIAMS CO | SHW | 25,290 | $1.6M | 0.15% |
| 109 | OPEN TEXT CORP | OTEX | 36,787 | $1.5M | 0.14% |
| 110 | MILLIPORE CORP | 601073109 | 20,600 | $1.5M | 0.14% |
| 111 | ROBERT HALF INTL INC | RHI | 54,900 | $1.5M | 0.14% |
| 112 | PROLOGIS | XP | 107,000 | $1.5M | 0.14% |
| 113 | BRASIL TELECOM SA | 10553M101 | 48,816 | $1.4M | 0.14% |
| 114 | FRANCE TELECOM | 35177Q105 | 55,860 | $1.4M | 0.13% |
| 115 | SPRINT NEXTEL CORP | 852061100 | 384,700 | $1.4M | 0.13% |
| 116 | CVS CAREMARK CORPORATION | CVS | 42,650 | $1.4M | 0.13% |
| 117 | GRUPO TELEVISA SA DE CV | GRPFF | 65,310 | $1.4M | 0.13% |
| 118 | PALL CORP | PDYNW | 37,080 | $1.3M | 0.13% |
| 119 | REED ELSEVIER P L C | 758205207 | 40,700 | $1.3M | 0.13% |
| 120 | LIHIR GOLD LTD | 532349107 | 45,300 | $1.3M | 0.13% |
| 121 | VODAFONE GROUP PLC NEW | 92857W209 | 56,325 | $1.3M | 0.12% |
| 122 | SAP AG | SAPGF | 27,170 | $1.3M | 0.12% |
| 123 | RYANAIR HLDGS PLC | RYAOF | 47,110 | $1.3M | 0.12% |
| 124 | RF MICRODEVICES INC | 749941100 | 260,000 | $1.2M | 0.12% |
| 125 | ORACLE CORP | ORCL-PD | 50,000 | $1.2M | 0.12% |
| 126 | BANCO SANTANDER BRASIL S A | BSBR | 83,600 | $1.2M | 0.11% |
| 127 | MINDRAY MEDICAL INTL LTD | 602675100 | 34,000 | $1.2M | 0.11% |
| 128 | ALCON INC | ALC | 7,000 | $1.2M | 0.11% |
| 129 | MARVELL TECHNOLOGY GROUP LTD | MRVL | 55,000 | $1.1M | 0.11% |
| 130 | NETAPP INC | NTAP | 33,000 | $1.1M | 0.11% |
| 131 | MEDICIS PHARMACEUTICAL CORP | 584690309 | 40,000 | $1.1M | 0.10% |
| 132 | SOLERA HOLDINGS INC | 83421A104 | 30,000 | $1.1M | 0.10% |
| 133 | HUNT J B TRANS SVCS INC | 445658107 | 33,300 | $1.1M | 0.10% |
| 134 | LOWES COS INC | 548661107 | 45,020 | $1.1M | 0.10% |
| 135 | CANON INC | CAJFF | 24,050 | $1.0M | 0.10% |
| 136 | HOME DEPOT INC | HD | 35,170 | $1.0M | 0.10% |
| 137 | NATIONAL BK GREECE S A | 633643408 | 194,458 | $1.0M | 0.10% |
| 138 | JUNIPER NETWORKS INC | 48203R104 | 37,440 | $998,524 | 0.10% |
| 139 | MCDONALDS CORP | MCD | 15,060 | $940,346 | 0.09% |
| 140 | SK TELECOM LTD | SKM | 57,630 | $937,063 | 0.09% |
| 141 | JOY GLOBAL INC | 481165108 | 18,000 | $928,260 | 0.09% |
| 142 | SANOFI AVENTIS | SNYNF | 23,300 | $914,990 | 0.09% |
| 143 | WYNN RESORTS LTD | WYNN | 15,000 | $873,450 | 0.08% |
| 144 | VERIZON COMMUNICATIONS INC | VZ | 26,085 | $864,196 | 0.08% |
| 145 | KLA-TENCOR CORP | KLAC | 23,730 | $858,076 | 0.08% |
| 146 | MYLAN INC | 628530107 | 45,000 | $829,350 | 0.08% |
| 147 | CHUNGHWA TELECOM CO LTD | CHT | 42,100 | $781,796 | 0.07% |
| 148 | ORIENT-EXPRESS HOTELS LTD | G67743107 | 71,300 | $722,981 | 0.07% |
| 149 | WEBSTER FINL CORP CONN | 947890109 | 59,100 | $701,516 | 0.07% |
| 150 | BOSTON PRIVATE FINL HLDGS IN | 101119105 | 119,800 | $691,245 | 0.07% |
| 151 | TRANSOCEAN LTD | RIG | 8,200 | $678,960 | 0.06% |
| 152 | KT CORP | KT | 39,218 | $659,646 | 0.06% |
| 153 | WILLIS GROUP HOLDINGS LTD | G96655108 | 24,840 | $655,279 | 0.06% |
| 154 | TIME WARNER CABLE INC | 88732J207 | 15,778 | $653,051 | 0.06% |
| 155 | KNIGHT TRANSN INC | 499064103 | 31,680 | $611,107 | 0.06% |
| 156 | HEARTLAND EXPRESS INC | HTLD | 37,190 | $567,891 | 0.05% |
| 157 | TJX COS INC NEW | 872540109 | 15,000 | $548,250 | 0.05% |
| 158 | EASTMAN KODAK CO | KODK | 121,900 | $514,418 | 0.05% |
| 159 | MAKITA CORP | 560877300 | 14,200 | $500,407 | 0.05% |
| 160 | SHANDA INTERACTIVE ENTMT LTD | 81941Q203 | 9,450 | $497,164 | 0.05% |
| 161 | NOBLE CORPORATION BAAR | NE-WT | 12,000 | $488,400 | 0.05% |
| 162 | WAL MART STORES INC | WMT | 9,100 | $486,395 | 0.05% |
| 163 | BANCO SANTANDER SA | BCDRF | 28,000 | $460,319 | 0.04% |
| 164 | DEUTSCHE BANK AG | D18190898 | 6,400 | $453,303 | 0.04% |
| 165 | INTERNATIONAL FLAVORS&FRAGRA | 459506101 | 9,975 | $410,371 | 0.04% |
| 166 | BANCO BILBAO VIZCAYA ARGENTA | BBVXF | 22,100 | $398,683 | 0.04% |
| 167 | TOYOTA MOTOR CORP | TOYOF | 4,700 | $395,551 | 0.04% |
| 168 | EXXON MOBIL CORP | XOM | 5,800 | $395,501 | 0.04% |
| 169 | ICICI BK LTD | IBN | 9,400 | $354,474 | 0.03% |
| 170 | ROYAL DUTCH SHELL PLC | 780259107 | 5,500 | $319,715 | 0.03% |
| 171 | UNILEVER N V | UNLYF | 9,300 | $300,669 | 0.03% |
| 172 | AXIS CAPITAL HOLDINGS | G0692U109 | 10,200 | $289,781 | 0.03% |
| 173 | TELEFONICA S A | TELFY | 3,300 | $275,616 | 0.03% |
| 174 | GOLD FIELDS LTD NEW | GFIOF | 20,600 | $270,066 | 0.03% |
| 175 | KB FINANCIAL GROUP INC | 48241A105 | 5,251 | $267,013 | 0.03% |
| 176 | MERCK & CO INC NEW | MRK | 7,200 | $263,087 | 0.03% |
| 177 | KOREA ELECTRIC PWR | 500631106 | 17,900 | $260,266 | 0.02% |
| 178 | INTEL CORP | INTC | 12,500 | $255,000 | 0.02% |
| 179 | POSCO | PKX | 1,800 | $235,980 | 0.02% |
| 180 | HONDA MOTOR LTD | HNDAF | 6,600 | $223,739 | 0.02% |
| 181 | BRISTOL MYERS SQUIBB CO | CELG-RI | 8,700 | $219,675 | 0.02% |
| 182 | CHUBB CORP | CB | 4,400 | $216,392 | 0.02% |
| 183 | NABORS INDUSTRIES LTD | NBRWF | 9,600 | $210,143 | 0.02% |
| 184 | FOREST LABS INC | 345838106 | 6,200 | $199,081 | 0.02% |
| 185 | AOL INC | 00184X105 | 8,030 | $186,938 | 0.02% |
| 186 | ARCELORMITTAL SA LUXEMBOURG | ARCXF | 3,800 | $173,850 | 0.02% |
| 187 | TOMKINS PLC | 890030208 | 13,700 | $171,113 | 0.02% |
| 188 | STATE STR CORP | STT-PG | 3,900 | $169,806 | 0.02% |
| 189 | ENERPLUS RES FD | 29274D604 | 7,300 | $168,863 | 0.02% |
| 190 | CATERPILLAR INC DEL | CAT | 2,800 | $159,572 | 0.02% |
| 191 | DOW CHEM CO | DOW | 5,100 | $140,913 | 0.01% |
| 192 | GERDAU S A | GGB | 8,200 | $139,645 | 0.01% |
| 193 | REPSOL YPF S A | 76026T205 | 5,200 | $138,631 | 0.01% |
| 194 | WELLS FARGO & CO NEW | 949746101 | 5,100 | $137,648 | 0.01% |
| 195 | WILLIAMS COS INC DEL | 969457100 | 6,500 | $137,019 | 0.01% |
| 196 | NEWMONT MINING CORP | NEMCL | 2,600 | $123,006 | 0.01% |
| 197 | VALERO ENERGY CORP NEW | VLO | 7,200 | $120,600 | 0.01% |
| 198 | GENERAL ELECTRIC CO | GE | 6,300 | $95,319 | 0.01% |
| 199 | AMERICA MOVIL SAB DE CV | AMXOF | 2,000 | $93,919 | 0.01% |
| 200 | URS CORP NEW | 903236107 | 2,100 | $93,492 | 0.01% |
| 201 | CHESAPEAKE ENERGY CORP | 165167107 | 3,400 | $87,992 | 0.01% |
| 202 | LAS VEGAS SANDS CORP | LVS | 5,000 | $74,700 | 0.01% |
| 203 | BANCO SANTANDER CHILE NEW | BSAC | 657 | $42,560 | 0.00% |
| 204 | YAMANA GOLD INC | 98462Y100 | 1 | $11 | 0.00% |