13F HOLDINGS REPORT
Northwest & Ethical Investments L.P.
Quarter ended Q2 2025 · Filed July 8, 2025 · Accession 0002033536-25-000022
Total Value
$1.27B
Positions
228
Other Managers
0
Confidential Omitted
No
Holdings (228)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 965,263 | $77.6M | 6.09% |
| 2 | BANK N S HALIFAX | 064149107 | 932,733 | $49.9M | 3.91% |
| 3 | MANULIFE FINL CORP | 56501R106 | 2,886,661 | $46.2M | 3.63% |
| 4 | TELUS CORP | TU | 1,473,064 | $43.0M | 3.38% |
| 5 | CANADIAN NATL RY CO | 136375102 | 341,242 | $33.2M | 2.61% |
| 6 | BCE INC | BCPPF | 769,355 | $31.6M | 2.48% |
| 7 | CDN IMPERIAL BK OF COMMERCE | CNDIF | 408,687 | $29.0M | 2.28% |
| 8 | CANADIAN NAT RES LTD | 136385101 | 939,916 | $26.5M | 2.08% |
| 9 | SUN LIFE FINL INC | SUNFF | 857,114 | $25.4M | 1.99% |
| 10 | MICROSOFT CORP | MSFT | 706,575 | $24.4M | 1.91% |
| 11 | ROGERS COMMUNICATIONS INC | RCIAF | 621,600 | $24.4M | 1.91% |
| 12 | MAGNA INTL INC | 559222401 | 340,085 | $24.2M | 1.90% |
| 13 | JOHNSON & JOHNSON | JNJ | 266,225 | $22.9M | 1.79% |
| 14 | SUNCOR ENERGY INC NEW | SU | 762,400 | $22.5M | 1.76% |
| 15 | KRAFT FOODS GROUP INC | KHC | 373,422 | $20.9M | 1.64% |
| 16 | BEMIS INC | 081437105 | 471,760 | $18.5M | 1.45% |
| 17 | ROYAL BK CDA MONTREAL QUE | 780087102 | 296,190 | $17.3M | 1.35% |
| 18 | MERCK & CO INC NEW | MRK | 363,350 | $16.9M | 1.32% |
| 19 | DOMTAR CORP | 257559203 | 252,850 | $16.8M | 1.32% |
| 20 | TARGET CORP | TGT | 234,340 | $16.1M | 1.27% |
| 21 | SHAW COMMUNICATIONS INC | 82028K200 | 625,852 | $15.0M | 1.18% |
| 22 | GRANITE REAL ESTATE INVT TR | 387437114 | 408,447 | $14.1M | 1.10% |
| 23 | JPMORGAN CHASE & CO | VYLD | 251,425 | $13.3M | 1.04% |
| 24 | GOOGLE INC | 38259P508 | 14,600 | $12.9M | 1.01% |
| 25 | ENI S P A | 26874R108 | 304,100 | $12.5M | 0.98% |
| 26 | INTEL CORP | INTC | 512,420 | $12.4M | 0.97% |
| 27 | KONINKLIJKE PHILIPS N V | RYLPF | 452,659 | $12.3M | 0.97% |
| 28 | PEMBINA PIPELINE CORP | PPLOF | 400,510 | $12.3M | 0.96% |
| 29 | CITIGROUP INC | C-PR | 251,631 | $12.1M | 0.95% |
| 30 | DISNEY WALT CO | 254687106 | 181,630 | $11.5M | 0.90% |
| 31 | SEAGATE TECHNOLOGY PLC | STX | 248,700 | $11.1M | 0.87% |
| 32 | PFIZER INC | PFE | 386,675 | $10.8M | 0.85% |
| 33 | CSX CORP | CSX | 442,925 | $10.3M | 0.81% |
| 34 | WASTE MGMT INC DEL | 94106L109 | 252,450 | $10.2M | 0.80% |
| 35 | E M C CORP MASS | 268648102 | 421,060 | $9.9M | 0.78% |
| 36 | STARBUCKS CORP | SBUX | 141,000 | $9.2M | 0.72% |
| 37 | DIRECTV | 25490A309 | 144,820 | $8.9M | 0.70% |
| 38 | INGERSOLL-RAND PLC | IR | 160,314 | $8.9M | 0.70% |
| 39 | BANK OF AMERICA CORPORATION | 060505104 | 680,000 | $8.7M | 0.69% |
| 40 | HESS CORP | HESM | 128,800 | $8.6M | 0.67% |
| 41 | CVS CAREMARK CORPORATION | CVS | 141,900 | $8.1M | 0.64% |
| 42 | POTASH CORP SASK INC | 73755L107 | 211,430 | $8.1M | 0.63% |
| 43 | WEATHERFORD INTERNATIONAL LT | WFRD | 572,770 | $7.8M | 0.62% |
| 44 | ALAMOS GOLD INC | AGI | 640,611 | $7.8M | 0.61% |
| 45 | FORD MTR CO DEL | 345370860 | 501,400 | $7.8M | 0.61% |
| 46 | SANOFI | SNYNF | 149,125 | $7.7M | 0.60% |
| 47 | ENBRIDGE INC | ENNPF | 181,253 | $7.6M | 0.60% |
| 48 | ELECTRONIC ARTS INC | EA | 324,540 | $7.5M | 0.58% |
| 49 | PROCTER & GAMBLE CO | 742718109 | 95,310 | $7.3M | 0.58% |
| 50 | HOME DEPOT INC | HD | 93,800 | $7.3M | 0.57% |
| 51 | COVIDIEN PLC | G2554F113 | 114,600 | $7.2M | 0.57% |
| 52 | SCANSOURCE INC | SCSC | 220,100 | $7.0M | 0.55% |
| 53 | JUNIPER NETWORKS INC | 48203R104 | 364,470 | $7.0M | 0.55% |
| 54 | QUALCOMM INC | QCOM | 114,620 | $7.0M | 0.55% |
| 55 | TRW AUTOMOTIVE HLDGS CORP | 87264S106 | 100,800 | $6.7M | 0.53% |
| 56 | METLIFE INC | MET-PF | 146,300 | $6.7M | 0.53% |
| 57 | HALLIBURTON CO | HAL | 155,200 | $6.5M | 0.51% |
| 58 | RYANAIR HLDGS PLC | RYAOF | 122,846 | $6.3M | 0.50% |
| 59 | CENOVUS ENERGY INC | CVE | 216,493 | $6.2M | 0.48% |
| 60 | TRANSALTA CORP | TACPF | 443,296 | $6.1M | 0.48% |
| 61 | TRANSGLOBE ENERGY CORP | 893662106 | 968,725 | $6.0M | 0.47% |
| 62 | GENERAL ELECTRIC CO | GE | 257,600 | $6.0M | 0.47% |
| 63 | CANON INC | CAJFF | 180,885 | $5.9M | 0.47% |
| 64 | YAHOO INC | 984332106 | 194,600 | $4.9M | 0.38% |
| 65 | CISCO SYS INC | CSCO | 199,000 | $4.8M | 0.38% |
| 66 | VODAFONE GROUP PLC NEW | 92857W209 | 165,370 | $4.8M | 0.37% |
| 67 | CAMERON INTERNATIONAL CORP | 13342B105 | 77,420 | $4.7M | 0.37% |
| 68 | BARRICK GOLD CORP | 067901108 | 298,236 | $4.7M | 0.37% |
| 69 | HONDA MOTOR LTD | HNDAF | 122,300 | $4.6M | 0.36% |
| 70 | ALERE INC | 01449J105 | 184,090 | $4.5M | 0.35% |
| 71 | STATE STR CORP | STT-PG | 66,933 | $4.4M | 0.34% |
| 72 | AMERICAN EXPRESS CO | AXP | 58,241 | $4.4M | 0.34% |
| 73 | CAMECO CORP | CCJ | 207,800 | $4.3M | 0.34% |
| 74 | RIVERBED TECHNOLOGY INC | 768573107 | 272,810 | $4.2M | 0.33% |
| 75 | WESTERN UN CO | WU | 245,223 | $4.2M | 0.33% |
| 76 | CERNER CORP | 156782104 | 42,250 | $4.1M | 0.32% |
| 77 | JOY GLOBAL INC | 481165108 | 83,300 | $4.0M | 0.32% |
| 78 | BECTON DICKINSON & CO | BDX | 40,445 | $4.0M | 0.31% |
| 79 | PRICELINE COM INC | 741503403 | 4,700 | $3.9M | 0.31% |
| 80 | PALL CORP | PDYNW | 57,260 | $3.8M | 0.30% |
| 81 | GENERAL GROWTH PPTYS INC NEW | 370023103 | 189,448 | $3.8M | 0.30% |
| 82 | GAP INC DEL | GAP | 88,900 | $3.7M | 0.29% |
| 83 | YUM BRANDS INC | YUM | 52,620 | $3.6M | 0.29% |
| 84 | SANDISK CORP | SNDK | 58,500 | $3.6M | 0.28% |
| 85 | TIME WARNER INC | 887317303 | 61,560 | $3.6M | 0.28% |
| 86 | GILDAN ACTIVEWEAR INC | GIL | 86,228 | $3.5M | 0.27% |
| 87 | AMERICAN INTL GROUP INC | 026874784 | 75,800 | $3.4M | 0.27% |
| 88 | C H ROBINSON WORLDWIDE INC | CHRW | 56,730 | $3.2M | 0.25% |
| 89 | MYRIAD GENETICS INC | MYGN | 116,720 | $3.1M | 0.25% |
| 90 | CORRECTIONS CORP AMER NEW | CXW | 92,575 | $3.1M | 0.25% |
| 91 | HOWARD HUGHES CORP | HHH | 27,752 | $3.1M | 0.24% |
| 92 | CIGNA CORPORATION | CI | 41,400 | $3.0M | 0.24% |
| 93 | MORGAN STANLEY | MS-PQ | 120,868 | $3.0M | 0.23% |
| 94 | CHESAPEAKE ENERGY CORP | 165167107 | 140,850 | $2.9M | 0.23% |
| 95 | AMDOCS LTD | DOX | 77,160 | $2.9M | 0.22% |
| 96 | WATERS CORP | 941848103 | 28,033 | $2.8M | 0.22% |
| 97 | COCA COLA CO | KO | 69,220 | $2.8M | 0.22% |
| 98 | FASTENAL CO | FAST | 60,200 | $2.8M | 0.22% |
| 99 | EOG RES INC | EOG | 20,750 | $2.7M | 0.21% |
| 100 | BP PLC | BPPFF | 63,536 | $2.7M | 0.21% |
| 101 | MICROS SYS INC | 594901100 | 60,310 | $2.6M | 0.20% |
| 102 | RANGE RES CORP | RRC | 33,220 | $2.6M | 0.20% |
| 103 | LAZARD LTD | LAZ | 79,100 | $2.5M | 0.20% |
| 104 | TECK RESOURCES LTD | TCKRF | 114,400 | $2.4M | 0.19% |
| 105 | MEAD JOHNSON NUTRITION CO | 582839106 | 30,590 | $2.4M | 0.19% |
| 106 | APACHE CORP | APA | 28,720 | $2.4M | 0.19% |
| 107 | OCCIDENTAL PETE CORP DEL | 674599105 | 26,950 | $2.4M | 0.19% |
| 108 | SPIRIT AIRLS INC | 848577102 | 75,400 | $2.4M | 0.19% |
| 109 | WHOLE FOODS MKT INC | 966837106 | 44,432 | $2.3M | 0.18% |
| 110 | WALGREEN CO | 931422109 | 51,370 | $2.3M | 0.18% |
| 111 | UNITED PARCEL SERVICE INC | UPS | 25,960 | $2.2M | 0.18% |
| 112 | PNC FINL SVCS GROUP INC | 693475105 | 30,135 | $2.2M | 0.17% |
| 113 | FORTUNA SILVER MINES INC | 349915108 | 659,341 | $2.2M | 0.17% |
| 114 | NORFOLK SOUTHERN CORP | 655844108 | 29,995 | $2.2M | 0.17% |
| 115 | PEPSICO INC | PEP | 26,375 | $2.2M | 0.17% |
| 116 | DELL INC | DELL | 160,507 | $2.1M | 0.17% |
| 117 | SYSCO CORP | SYY | 61,765 | $2.1M | 0.17% |
| 118 | DR PEPPER SNAPPLE GROUP INC | 26138E109 | 45,685 | $2.1M | 0.16% |
| 119 | SKYWORKS SOLUTIONS INC | SWKS | 95,690 | $2.1M | 0.16% |
| 120 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 20,251 | $2.1M | 0.16% |
| 121 | XYLEM INC | XYL | 77,070 | $2.1M | 0.16% |
| 122 | CHEVRON CORP NEW | CVX | 17,485 | $2.1M | 0.16% |
| 123 | STARZ | 85571Q102 | 92,990 | $2.1M | 0.16% |
| 124 | AUTODESK INC | ADSK | 60,100 | $2.0M | 0.16% |
| 125 | CME GROUP INC | CME | 26,815 | $2.0M | 0.16% |
| 126 | HASBRO INC | HAS | 45,340 | $2.0M | 0.16% |
| 127 | MSCI INC | MSCI | 58,850 | $2.0M | 0.15% |
| 128 | COMPANHIA DE BEBIDAS DAS AME | 20441W203 | 51,936 | $1.9M | 0.15% |
| 129 | KOHLS CORP | KSS | 38,155 | $1.9M | 0.15% |
| 130 | DICKS SPORTING GOODS INC | 253393102 | 38,270 | $1.9M | 0.15% |
| 131 | CATERPILLAR INC DEL | CAT | 23,090 | $1.9M | 0.15% |
| 132 | US BANCORP DEL | USB-PS | 52,480 | $1.9M | 0.15% |
| 133 | MEDTRONIC INC | MDT | 36,775 | $1.9M | 0.15% |
| 134 | KIMBERLY CLARK CORP | KMB | 19,265 | $1.9M | 0.15% |
| 135 | STAPLES INC | 855030102 | 117,975 | $1.9M | 0.15% |
| 136 | WYNN RESORTS LTD | WYNN | 14,549 | $1.9M | 0.15% |
| 137 | NATIONAL FUEL GAS CO N J | NFG | 32,090 | $1.9M | 0.15% |
| 138 | CHECK POINT SOFTWARE TECH LT | M22465104 | 37,223 | $1.8M | 0.15% |
| 139 | WILLIAMS PARTNERS L P | 96950F104 | 35,655 | $1.8M | 0.14% |
| 140 | PARTNERRE LTD | PREJF | 19,830 | $1.8M | 0.14% |
| 141 | MONDELEZ INTL INC | 609207105 | 62,340 | $1.8M | 0.14% |
| 142 | GENERAL MLS INC | 370334104 | 35,875 | $1.7M | 0.14% |
| 143 | OWENS & MINOR INC NEW | 690732102 | 50,940 | $1.7M | 0.14% |
| 144 | CA INC | 12673P105 | 57,375 | $1.6M | 0.13% |
| 145 | PETROLEO BRASILEIRO SA PETRO | 71654V101 | 110,760 | $1.6M | 0.13% |
| 146 | DARDEN RESTAURANTS INC | DRI | 32,035 | $1.6M | 0.13% |
| 147 | SONY CORP | SNEJF | 75,000 | $1.6M | 0.12% |
| 148 | BJS RESTAURANTS INC | BJRI | 42,330 | $1.6M | 0.12% |
| 149 | BLACKSTONE GROUP L P | BX | 74,400 | $1.6M | 0.12% |
| 150 | EMERSON ELEC CO | EMR | 28,600 | $1.6M | 0.12% |
| 151 | CORNING INC | GLW | 107,565 | $1.5M | 0.12% |
| 152 | RAYTHEON CO | 755111507 | 22,980 | $1.5M | 0.12% |
| 153 | 3-D SYS CORP DEL | 88554D205 | 34,300 | $1.5M | 0.12% |
| 154 | VERIZON COMMUNICATIONS INC | VZ | 29,800 | $1.5M | 0.12% |
| 155 | GENERAL DYNAMICS CORP | GD | 19,000 | $1.5M | 0.12% |
| 156 | GOLDCORP INC NEW | NVGLF | 58,460 | $1.5M | 0.11% |
| 157 | MOLSON COORS BREWING CO | TAP-A | 30,125 | $1.4M | 0.11% |
| 158 | BLACKROCK INC | BLK | 5,595 | $1.4M | 0.11% |
| 159 | BOB EVANS FARMS INC | 096761101 | 30,500 | $1.4M | 0.11% |
| 160 | WAL-MART STORES INC | WMT | 19,095 | $1.4M | 0.11% |
| 161 | REPUBLIC SVCS INC | 760759100 | 41,890 | $1.4M | 0.11% |
| 162 | J2 GLOBAL INC | ZD | 32,870 | $1.4M | 0.11% |
| 163 | NUCOR CORP | NUE | 32,155 | $1.4M | 0.11% |
| 164 | LAS VEGAS SANDS CORP | LVS | 24,883 | $1.3M | 0.10% |
| 165 | IRON MTN INC | 462846106 | 48,258 | $1.3M | 0.10% |
| 166 | LOCKHEED MARTIN CORP | LMT | 11,755 | $1.3M | 0.10% |
| 167 | FACEBOOK INC | META | 50,590 | $1.3M | 0.10% |
| 168 | VERIFONE SYS INC | 92342Y109 | 74,510 | $1.3M | 0.10% |
| 169 | FORTINET INC | FTNT | 68,690 | $1.2M | 0.09% |
| 170 | TELEFONICA BRASIL SA | VIV | 52,654 | $1.2M | 0.09% |
| 171 | COACH INC | 189754104 | 20,975 | $1.2M | 0.09% |
| 172 | COASTAL CONTACTS INC | 19044R207 | 235,280 | $1.2M | 0.09% |
| 173 | ENCANA CORP | 292505104 | 67,966 | $1.2M | 0.09% |
| 174 | GEO GROUP INC | GEO | 33,645 | $1.1M | 0.09% |
| 175 | F5 NETWORKS INC | FFIV | 16,430 | $1.1M | 0.09% |
| 176 | PAYCHEX INC | PAYX | 30,645 | $1.1M | 0.09% |
| 177 | MINDRAY MEDICAL INTL LTD | 602675100 | 28,680 | $1.1M | 0.08% |
| 178 | HILLENBRAND INC | 431571108 | 45,230 | $1.1M | 0.08% |
| 179 | 3M CO | MMM | 9,685 | $1.1M | 0.08% |
| 180 | UNILEVER PLC | UNLYF | 26,130 | $1.1M | 0.08% |
| 181 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 26,709 | $1.0M | 0.08% |
| 182 | AMERIGAS PARTNERS L P | 030975106 | 21,015 | $1.0M | 0.08% |
| 183 | AVISTA CORP | AVA | 36,250 | $979,473 | 0.08% |
| 184 | WISDOMTREE TRUST | WT | 57,458 | $930,819 | 0.07% |
| 185 | EBAY INC | EBAY | 17,620 | $911,306 | 0.07% |
| 186 | GENUINE PARTS CO | GPC | 10,820 | $844,716 | 0.07% |
| 187 | ORIENT-EXPRESS HOTELS LTD | G67743107 | 69,358 | $843,392 | 0.07% |
| 188 | ABM INDS INC | 000957100 | 33,320 | $816,672 | 0.06% |
| 189 | LENNAR CORP | LEN-B | 22,230 | $801,168 | 0.06% |
| 190 | D R HORTON INC | 23331A109 | 36,890 | $785,017 | 0.06% |
| 191 | DIANA SHIPPING INC | DSX-WT | 77,970 | $782,818 | 0.06% |
| 192 | TOLL BROTHERS INC | TOL | 23,070 | $752,772 | 0.06% |
| 193 | SANDSTORM GOLD LTD | 80013R206 | 128,225 | $752,611 | 0.06% |
| 194 | NVR INC | NVR | 810 | $746,818 | 0.06% |
| 195 | FRANCO NEVADA CORP | FNV | 20,490 | $733,870 | 0.06% |
| 196 | HOMEAWAY INC | 43739Q100 | 20,360 | $658,442 | 0.05% |
| 197 | BAYTEX ENERGY CORP | BTE | 18,120 | $653,296 | 0.05% |
| 198 | INNOPHOS HOLDINGS INC | INHD | 13,550 | $639,152 | 0.05% |
| 199 | BIOMED REALTY TRUST INC | 09063H107 | 30,500 | $617,014 | 0.05% |
| 200 | TRANSMONTAIGNE PARTNERS L P | 89376V100 | 14,595 | $611,675 | 0.05% |
| 201 | ALEXANDRIA REAL ESTATE EQ IN | 015271109 | 9,200 | $604,623 | 0.05% |
| 202 | NATIONAL CINEMEDIA INC | NCMI | 35,780 | $604,324 | 0.05% |
| 203 | ICICI BK LTD | IBN | 12,473 | $477,091 | 0.04% |
| 204 | SABRA HEALTH CARE REIT INC | SBRA | 16,045 | $418,934 | 0.03% |
| 205 | HDFC BANK LTD | HDB | 11,262 | $408,134 | 0.03% |
| 206 | SAFETY INS GROUP INC | 78648T100 | 8,365 | $405,786 | 0.03% |
| 207 | DUPONT FABROS TECHNOLOGY INC | 26613Q106 | 16,090 | $388,573 | 0.03% |
| 208 | DIGITAL RLTY TR INC | 253868103 | 6,090 | $371,489 | 0.03% |
| 209 | ATLANTIC TELE NETWORK INC | 049079205 | 7,130 | $354,074 | 0.03% |
| 210 | CORPORATE OFFICE PPTYS TR | CDP | 13,780 | $351,389 | 0.03% |
| 211 | COMPASS DIVERSIFIED HOLDINGS | CODI-PC | 18,710 | $327,985 | 0.03% |
| 212 | ONEBEACON INSURANCE GROUP LT | G67742109 | 22,290 | $322,758 | 0.03% |
| 213 | AIRCASTLE LTD | AYR | 17,840 | $285,260 | 0.02% |
| 214 | HCA HOLDINGS INC | HCA | 7,800 | $281,266 | 0.02% |
| 215 | CREDICORP LTD | BAP | 2,198 | $281,255 | 0.02% |
| 216 | BANCO BRADESCO S A | 059460303 | 19,823 | $257,896 | 0.02% |
| 217 | GRUPO FINANCIERO SANTANDER M | 40053C105 | 17,674 | $251,147 | 0.02% |
| 218 | COPA HOLDINGS SA | CPA | 1,594 | $209,005 | 0.02% |
| 219 | MOBILE TELESYSTEMS OJSC | 607409109 | 9,557 | $181,009 | 0.01% |
| 220 | SPREADTRUM COMMUNICATIONS IN | 849415203 | 5,693 | $149,441 | 0.01% |
| 221 | TATA MTRS LTD | 876568502 | 5,900 | $138,295 | 0.01% |
| 222 | QIWI PLC | 74735M108 | 4,589 | $106,464 | 0.01% |
| 223 | CEMEX SAB DE CV | CXMSF | 9,916 | $104,911 | 0.01% |
| 224 | MEMORIAL PRODTN PARTNERS LP | 586048100 | 4,930 | $96,627 | 0.01% |
| 225 | FRONTLINE LTD | FRO | 50,000 | $88,499 | 0.01% |
| 226 | UNION PAC CORP | UNP | 500 | $77,139 | 0.01% |
| 227 | ISHARES TR | 464287234 | 1,709 | $65,795 | 0.01% |
| 228 | SOUTHERN COPPER CORP | SCCO | 1,520 | $41,982 | 0.00% |