13F HOLDINGS REPORT
Northwest & Ethical Investments L.P.
Quarter ended Q2 2025 · Filed July 8, 2025 · Accession 0002033536-25-000023
Total Value
$1.38B
Positions
226
Other Managers
0
Confidential Omitted
No
Holdings (226)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 1,027,013 | $92.6M | 6.72% |
| 2 | BANK N S HALIFAX | 064149107 | 969,323 | $55.6M | 4.04% |
| 3 | TELUS CORP | TU | 1,406,654 | $46.7M | 3.39% |
| 4 | CANADIAN NATL RY CO | 136375102 | 427,806 | $43.4M | 3.15% |
| 5 | SUNCOR ENERGY INC NEW | SU | 1,130,927 | $40.5M | 2.94% |
| 6 | MANULIFE FINL CORP | 56501R106 | 2,348,224 | $38.9M | 2.82% |
| 7 | CANADIAN NAT RES LTD | 136385101 | 973,406 | $30.6M | 2.22% |
| 8 | CDN IMPERIAL BK OF COMMERCE | CNDIF | 366,587 | $29.2M | 2.12% |
| 9 | ROYAL BK CDA MONTREAL QUE | 780087102 | 398,085 | $25.5M | 1.85% |
| 10 | ROGERS COMMUNICATIONS INC | RCIAF | 589,100 | $25.4M | 1.84% |
| 11 | SUN LIFE FINL INC | SUNFF | 751,244 | $24.0M | 1.74% |
| 12 | MAGNA INTL INC | 559222401 | 269,421 | $22.3M | 1.62% |
| 13 | DOMTAR CORP | 257559203 | 252,850 | $20.1M | 1.46% |
| 14 | APPLE INC | AAPL | 38,660 | $18.4M | 1.34% |
| 15 | JOHNSON & JOHNSON | JNJ | 208,300 | $18.1M | 1.31% |
| 16 | BEMIS INC | 081437105 | 454,410 | $17.7M | 1.29% |
| 17 | MERCK & CO INC NEW | MRK | 361,150 | $17.2M | 1.25% |
| 18 | MICROSOFT CORP | MSFT | 491,245 | $16.4M | 1.19% |
| 19 | GOOGLE INC | 38259P508 | 17,040 | $14.9M | 1.08% |
| 20 | ENI S P A | 26874R108 | 323,500 | $14.9M | 1.08% |
| 21 | KONINKLIJKE PHILIPS N V | RYLPF | 452,659 | $14.6M | 1.06% |
| 22 | TARGET CORP | TGT | 226,860 | $14.5M | 1.05% |
| 23 | KRAFT FOODS GROUP INC | KHC | 268,205 | $14.1M | 1.02% |
| 24 | JPMORGAN CHASE & CO | VYLD | 266,425 | $13.8M | 1.00% |
| 25 | BCE INC | BCPPF | 317,955 | $13.6M | 0.99% |
| 26 | CATERPILLAR INC DEL | CAT | 158,870 | $13.2M | 0.96% |
| 27 | GRANITE REAL ESTATE INVT TR | 387437114 | 363,747 | $13.1M | 0.95% |
| 28 | SHAW COMMUNICATIONS INC | 82028K200 | 514,052 | $12.0M | 0.87% |
| 29 | PFIZER INC | PFE | 406,290 | $11.7M | 0.85% |
| 30 | DISNEY WALT CO | 254687106 | 172,710 | $11.1M | 0.81% |
| 31 | E M C CORP MASS | 268648102 | 421,060 | $10.8M | 0.78% |
| 32 | HESS CORP | HESM | 138,550 | $10.7M | 0.78% |
| 33 | WASTE MGMT INC DEL | 94106L109 | 252,450 | $10.4M | 0.76% |
| 34 | CSX CORP | CSX | 399,025 | $10.3M | 0.75% |
| 35 | PEMBINA PIPELINE CORP | PPLOF | 307,870 | $10.2M | 0.74% |
| 36 | CITIGROUP INC | C-PR | 204,631 | $9.9M | 0.72% |
| 37 | SYMANTEC CORP | 871503108 | 395,000 | $9.8M | 0.71% |
| 38 | PROCTER & GAMBLE CO | 742718109 | 127,520 | $9.6M | 0.70% |
| 39 | ORACLE CORP | ORCL-PD | 288,700 | $9.6M | 0.70% |
| 40 | INGERSOLL-RAND PLC | IR | 147,314 | $9.6M | 0.69% |
| 41 | DIRECTV | 25490A309 | 158,620 | $9.5M | 0.69% |
| 42 | QUALCOMM INC | QCOM | 133,525 | $9.0M | 0.65% |
| 43 | SANOFI | SNYNF | 175,525 | $8.9M | 0.65% |
| 44 | ALAMOS GOLD INC | AGI | 548,161 | $8.5M | 0.62% |
| 45 | JUNIPER NETWORKS INC | 48203R104 | 412,000 | $8.2M | 0.59% |
| 46 | FORD MTR CO DEL | 345370860 | 469,900 | $7.9M | 0.58% |
| 47 | WEATHERFORD INTERNATIONAL LT | WFRD | 515,220 | $7.9M | 0.57% |
| 48 | SCANSOURCE INC | SCSC | 220,100 | $7.6M | 0.55% |
| 49 | ELECTRONIC ARTS INC | EA | 295,710 | $7.6M | 0.55% |
| 50 | HALLIBURTON CO | HAL | 155,200 | $7.5M | 0.54% |
| 51 | TRANSGLOBE ENERGY CORP | 893662106 | 948,975 | $7.5M | 0.54% |
| 52 | CENOVUS ENERGY INC | CVE | 248,033 | $7.4M | 0.54% |
| 53 | BANK OF AMERICA CORPORATION | 060505104 | 522,500 | $7.2M | 0.52% |
| 54 | TRW AUTOMOTIVE HLDGS CORP | 87264S106 | 100,800 | $7.2M | 0.52% |
| 55 | CBS CORP NEW | 124857202 | 129,000 | $7.1M | 0.52% |
| 56 | AMERISOURCEBERGEN CORP | COR | 114,000 | $7.0M | 0.51% |
| 57 | STARBUCKS CORP | SBUX | 87,600 | $6.7M | 0.49% |
| 58 | COVIDIEN PLC | G2554F113 | 109,600 | $6.7M | 0.48% |
| 59 | RYANAIR HLDGS PLC | RYAOF | 132,592 | $6.6M | 0.48% |
| 60 | CVS CAREMARK CORPORATION | CVS | 115,700 | $6.6M | 0.48% |
| 61 | YAHOO INC | 984332106 | 192,600 | $6.4M | 0.46% |
| 62 | CANON INC | CAJFF | 195,885 | $6.3M | 0.46% |
| 63 | VODAFONE GROUP PLC NEW | 92857W209 | 172,740 | $6.1M | 0.44% |
| 64 | AGRIUM INC | 008916108 | 71,800 | $6.0M | 0.44% |
| 65 | ENBRIDGE INC | ENNPF | 142,253 | $6.0M | 0.43% |
| 66 | POTASH CORP SASK INC | 73755L107 | 187,820 | $5.9M | 0.43% |
| 67 | TECK RESOURCES LTD | TCKRF | 215,324 | $5.8M | 0.42% |
| 68 | CAMERON INTERNATIONAL CORP | 13342B105 | 98,530 | $5.8M | 0.42% |
| 69 | HONDA MOTOR LTD | HNDAF | 146,000 | $5.6M | 0.40% |
| 70 | YUM BRANDS INC | YUM | 75,520 | $5.4M | 0.39% |
| 71 | GENERAL ELECTRIC CO | GE | 215,800 | $5.2M | 0.37% |
| 72 | GAP INC DEL | GAP | 127,200 | $5.1M | 0.37% |
| 73 | WESTERN UN CO | WU | 267,618 | $5.0M | 0.36% |
| 74 | BECTON DICKINSON & CO | BDX | 49,115 | $4.9M | 0.36% |
| 75 | RIVERBED TECHNOLOGY INC | 768573107 | 323,676 | $4.7M | 0.34% |
| 76 | JOY GLOBAL INC | 481165108 | 91,100 | $4.6M | 0.34% |
| 77 | COCA COLA CO | KO | 122,530 | $4.6M | 0.34% |
| 78 | LYONDELLBASELL INDUSTRIES N | LYB | 63,000 | $4.6M | 0.33% |
| 79 | GILDAN ACTIVEWEAR INC | GIL | 96,918 | $4.5M | 0.33% |
| 80 | CERNER CORP | 156782104 | 84,500 | $4.4M | 0.32% |
| 81 | METLIFE INC | MET-PF | 93,200 | $4.4M | 0.32% |
| 82 | EBAY INC | EBAY | 74,860 | $4.2M | 0.30% |
| 83 | TIME WARNER INC | 887317303 | 61,560 | $4.1M | 0.29% |
| 84 | BAIDU INC | BAIDF | 25,209 | $3.9M | 0.28% |
| 85 | BANK MONTREAL QUE | 063671101 | 56,200 | $3.8M | 0.27% |
| 86 | C H ROBINSON WORLDWIDE INC | CHRW | 61,200 | $3.6M | 0.26% |
| 87 | MEAD JOHNSON NUTRITION CO | 582839106 | 47,890 | $3.6M | 0.26% |
| 88 | CISCO SYS INC | CSCO | 150,900 | $3.5M | 0.26% |
| 89 | AMERICAN EXPRESS CO | AXP | 46,741 | $3.5M | 0.26% |
| 90 | INTEL CORP | INTC | 153,555 | $3.5M | 0.26% |
| 91 | EOG RES INC | EOG | 20,750 | $3.5M | 0.26% |
| 92 | STATE STR CORP | STT-PG | 53,333 | $3.5M | 0.25% |
| 93 | FASTENAL CO | FAST | 68,360 | $3.4M | 0.25% |
| 94 | COMPANHIA DE BEBIDAS DAS AME | 20441W203 | 88,810 | $3.4M | 0.25% |
| 95 | OCCIDENTAL PETE CORP DEL | 674599105 | 35,865 | $3.4M | 0.24% |
| 96 | GENERAL GROWTH PPTYS INC NEW | 370023103 | 172,548 | $3.3M | 0.24% |
| 97 | CAMECO CORP | CCJ | 180,000 | $3.3M | 0.24% |
| 98 | RANGE RES CORP | RRC | 42,360 | $3.2M | 0.23% |
| 99 | WALGREEN CO | 931422109 | 59,255 | $3.2M | 0.23% |
| 100 | CHESAPEAKE ENERGY CORP | 165167107 | 123,050 | $3.2M | 0.23% |
| 101 | NATIONAL FUEL GAS CO N J | NFG | 46,135 | $3.2M | 0.23% |
| 102 | APACHE CORP | APA | 36,740 | $3.1M | 0.23% |
| 103 | PRICELINE COM INC | 741503403 | 3,000 | $3.0M | 0.22% |
| 104 | KOHLS CORP | KSS | 58,080 | $3.0M | 0.22% |
| 105 | CORRECTIONS CORP AMER NEW | CXW | 86,075 | $3.0M | 0.22% |
| 106 | UNITED PARCEL SERVICE INC | UPS | 32,365 | $3.0M | 0.21% |
| 107 | AMERICAN INTL GROUP INC | 026874784 | 59,500 | $2.9M | 0.21% |
| 108 | CME GROUP INC | CME | 38,995 | $2.9M | 0.21% |
| 109 | HASBRO INC | HAS | 61,010 | $2.9M | 0.21% |
| 110 | NORFOLK SOUTHERN CORP | 655844108 | 36,660 | $2.8M | 0.21% |
| 111 | AMDOCS LTD | DOX | 77,160 | $2.8M | 0.21% |
| 112 | PNC FINL SVCS GROUP INC | 693475105 | 38,380 | $2.8M | 0.20% |
| 113 | LAZARD LTD | LAZ | 76,800 | $2.8M | 0.20% |
| 114 | MYRIAD GENETICS INC | MYGN | 116,720 | $2.7M | 0.20% |
| 115 | FORTUNA SILVER MINES INC | 349915108 | 747,824 | $2.7M | 0.20% |
| 116 | DR PEPPER SNAPPLE GROUP INC | 26138E109 | 60,630 | $2.7M | 0.20% |
| 117 | MORGAN STANLEY | MS-PQ | 100,468 | $2.7M | 0.20% |
| 118 | PEPSICO INC | PEP | 33,075 | $2.6M | 0.19% |
| 119 | CHEVRON CORP NEW | CVX | 21,620 | $2.6M | 0.19% |
| 120 | STARZ | 85571Q102 | 92,990 | $2.6M | 0.19% |
| 121 | KIMBERLY CLARK CORP | KMB | 27,720 | $2.6M | 0.19% |
| 122 | GENERAL DYNAMICS CORP | GD | 29,730 | $2.6M | 0.19% |
| 123 | WHOLE FOODS MKT INC | 966837106 | 44,432 | $2.6M | 0.19% |
| 124 | XYLEM INC | XYL | 92,720 | $2.6M | 0.19% |
| 125 | DICKS SPORTING GOODS INC | 253393102 | 47,850 | $2.6M | 0.19% |
| 126 | WILLIAMS PARTNERS L P | 96950F104 | 48,015 | $2.5M | 0.18% |
| 127 | CORNING INC | GLW | 174,005 | $2.5M | 0.18% |
| 128 | MSCI INC | MSCI | 62,840 | $2.5M | 0.18% |
| 129 | CHECK POINT SOFTWARE TECH LT | M22465104 | 44,559 | $2.5M | 0.18% |
| 130 | SYSCO CORP | SYY | 78,015 | $2.5M | 0.18% |
| 131 | US BANCORP DEL | USB-PS | 67,865 | $2.5M | 0.18% |
| 132 | EMERSON ELEC CO | EMR | 38,030 | $2.5M | 0.18% |
| 133 | WATERS CORP | 941848103 | 22,933 | $2.4M | 0.18% |
| 134 | COACH INC | 189754104 | 44,095 | $2.4M | 0.17% |
| 135 | HOWARD HUGHES CORP | HHH | 21,252 | $2.4M | 0.17% |
| 136 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 24,523 | $2.4M | 0.17% |
| 137 | SKYWORKS SOLUTIONS INC | SWKS | 95,690 | $2.4M | 0.17% |
| 138 | BLACKSTONE GROUP L P | BX | 94,200 | $2.3M | 0.17% |
| 139 | STAPLES INC | 855030102 | 158,675 | $2.3M | 0.17% |
| 140 | BOB EVANS FARMS INC | 096761101 | 40,395 | $2.3M | 0.17% |
| 141 | WYNN RESORTS LTD | WYNN | 14,549 | $2.3M | 0.17% |
| 142 | UNILEVER PLC | UNLYF | 58,640 | $2.3M | 0.16% |
| 143 | PARTNERRE LTD | PREJF | 24,555 | $2.2M | 0.16% |
| 144 | RAYTHEON CO | 755111507 | 28,900 | $2.2M | 0.16% |
| 145 | WAL-MART STORES INC | WMT | 30,070 | $2.2M | 0.16% |
| 146 | GEO GROUP INC | GEO | 66,550 | $2.2M | 0.16% |
| 147 | BLACKROCK INC | BLK | 8,150 | $2.2M | 0.16% |
| 148 | 3-D SYS CORP DEL | 88554D205 | 40,800 | $2.2M | 0.16% |
| 149 | SPIRIT AIRLS INC | 848577102 | 63,540 | $2.2M | 0.16% |
| 150 | CA INC | 12673P105 | 72,340 | $2.1M | 0.16% |
| 151 | J2 GLOBAL INC | ZD | 42,970 | $2.1M | 0.15% |
| 152 | GOLDCORP INC NEW | NVGLF | 80,840 | $2.1M | 0.15% |
| 153 | OWENS & MINOR INC NEW | 690732102 | 59,960 | $2.1M | 0.15% |
| 154 | DARDEN RESTAURANTS INC | DRI | 43,055 | $2.0M | 0.14% |
| 155 | NUCOR CORP | NUE | 39,795 | $2.0M | 0.14% |
| 156 | CIGNA CORPORATION | CI | 25,100 | $1.9M | 0.14% |
| 157 | VERIZON COMMUNICATIONS INC | VZ | 40,880 | $1.9M | 0.14% |
| 158 | MOLSON COORS BREWING CO | TAP-A | 37,380 | $1.9M | 0.14% |
| 159 | PETROLEO BRASILEIRO SA PETRO | 71654V101 | 110,760 | $1.9M | 0.13% |
| 160 | REPUBLIC SVCS INC | 760759100 | 54,415 | $1.8M | 0.13% |
| 161 | LULULEMON ATHLETICA INC | LULU | 24,810 | $1.8M | 0.13% |
| 162 | HCA HOLDINGS INC | HCA | 41,200 | $1.8M | 0.13% |
| 163 | MEDTRONIC INC | MDT | 32,570 | $1.7M | 0.13% |
| 164 | AMERIGAS PARTNERS L P | 030975106 | 39,245 | $1.7M | 0.12% |
| 165 | IRON MTN INC | 462846106 | 61,248 | $1.7M | 0.12% |
| 166 | LAS VEGAS SANDS CORP | LVS | 24,883 | $1.7M | 0.12% |
| 167 | BP PLC | BPPFF | 38,736 | $1.6M | 0.12% |
| 168 | LOCKHEED MARTIN CORP | LMT | 12,220 | $1.6M | 0.11% |
| 169 | MINDRAY MEDICAL INTL LTD | 602675100 | 39,450 | $1.5M | 0.11% |
| 170 | MICROS SYS INC | 594901100 | 30,250 | $1.5M | 0.11% |
| 171 | F5 NETWORKS INC | FFIV | 16,430 | $1.4M | 0.10% |
| 172 | HILLENBRAND INC | 431571108 | 51,120 | $1.4M | 0.10% |
| 173 | FORTINET INC | FTNT | 68,690 | $1.4M | 0.10% |
| 174 | AVISTA CORP | AVA | 50,355 | $1.3M | 0.10% |
| 175 | FACEBOOK INC | META | 26,410 | $1.3M | 0.10% |
| 176 | PAYCHEX INC | PAYX | 31,395 | $1.3M | 0.09% |
| 177 | KANSAS CITY SOUTHERN | 485170302 | 11,000 | $1.2M | 0.09% |
| 178 | SANDSTORM GOLD LTD | 80013R206 | 213,586 | $1.2M | 0.08% |
| 179 | AIRCASTLE LTD | AYR | 64,020 | $1.1M | 0.08% |
| 180 | BJS RESTAURANTS INC | BJRI | 36,200 | $1.0M | 0.08% |
| 181 | ORIENT-EXPRESS HOTELS LTD | G67743107 | 77,758 | $1.0M | 0.07% |
| 182 | INGREDION INC | INGR | 15,210 | $1.0M | 0.07% |
| 183 | ABM INDS INC | 000957100 | 37,495 | $998,115 | 0.07% |
| 184 | NVR INC | NVR | 1,060 | $974,340 | 0.07% |
| 185 | SABRA HEALTH CARE REIT INC | SBRA | 40,050 | $921,550 | 0.07% |
| 186 | INNOPHOS HOLDINGS INC | INHD | 16,920 | $893,036 | 0.06% |
| 187 | FRANCO NEVADA CORP | FNV | 19,570 | $889,165 | 0.06% |
| 188 | WISDOMTREE TR | WT | 57,110 | $874,924 | 0.06% |
| 189 | VERIFONE SYS INC | 92342Y109 | 36,650 | $837,818 | 0.06% |
| 190 | GENERAL MLS INC | 370334104 | 17,210 | $824,702 | 0.06% |
| 191 | LENNAR CORP | LEN-B | 22,230 | $786,940 | 0.06% |
| 192 | TOLL BROTHERS INC | TOL | 23,070 | $748,158 | 0.05% |
| 193 | ALEXANDRIA REAL ESTATE EQ IN | 015271109 | 11,470 | $732,358 | 0.05% |
| 194 | NATIONAL CINEMEDIA INC | NCMI | 38,030 | $717,245 | 0.05% |
| 195 | D R HORTON INC | 23331A109 | 36,890 | $716,772 | 0.05% |
| 196 | BAYTEX ENERGY CORP | BTE | 17,310 | $715,457 | 0.05% |
| 197 | SAFETY INS GROUP INC | 78648T100 | 12,520 | $663,184 | 0.05% |
| 198 | BIOMED REALTY TRUST INC | 09063H107 | 35,220 | $654,739 | 0.05% |
| 199 | HOMEAWAY INC | 43739Q100 | 23,140 | $647,919 | 0.05% |
| 200 | TRANSMONTAIGNE PARTNERS L P | 89376V100 | 15,515 | $631,925 | 0.05% |
| 201 | MEMORIAL PRODTN PARTNERS LP | 586048100 | 26,640 | $555,177 | 0.04% |
| 202 | COMPASS DIVERSIFIED HOLDINGS | CODI-PC | 25,385 | $452,359 | 0.03% |
| 203 | DIGITAL RLTY TR INC | 253868103 | 8,210 | $435,950 | 0.03% |
| 204 | CORPORATE OFFICE PPTYS TR | CDP | 18,840 | $435,203 | 0.03% |
| 205 | ATLANTIC TELE NETWORK INC | 049079205 | 8,310 | $433,199 | 0.03% |
| 206 | HDFC BANK LTD | HDB | 13,505 | $415,683 | 0.03% |
| 207 | DUPONT FABROS TECHNOLOGY INC | 26613Q106 | 16,090 | $414,638 | 0.03% |
| 208 | ICICI BK LTD | IBN | 13,488 | $411,113 | 0.03% |
| 209 | CREDICORP LTD | BAP | 3,167 | $406,832 | 0.03% |
| 210 | DIANA SHIPPING INC | DSX-WT | 32,810 | $396,016 | 0.03% |
| 211 | GRUPO FINANCIERO SANTANDER M | 40053C105 | 25,466 | $351,939 | 0.03% |
| 212 | ONEBEACON INSURANCE GROUP LT | G67742109 | 22,180 | $327,375 | 0.02% |
| 213 | COPA HOLDINGS SA | CPA | 2,297 | $318,524 | 0.02% |
| 214 | MOBILE TELESYSTEMS OJSC | 607409109 | 13,770 | $306,519 | 0.02% |
| 215 | CEMEX SAB DE CV | CXMSF | 23,670 | $264,630 | 0.02% |
| 216 | BANCO BRADESCO S A | 059460303 | 19,038 | $264,247 | 0.02% |
| 217 | VIPSHOP HLDGS LTD | VIPS | 3,653 | $207,489 | 0.02% |
| 218 | TATA MTRS LTD | 876568502 | 6,701 | $178,380 | 0.01% |
| 219 | SOUTHERN COPPER CORP | SCCO | 6,518 | $177,549 | 0.01% |
| 220 | COSAN LTD | CSAN | 10,982 | $168,792 | 0.01% |
| 221 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 2,023 | $166,128 | 0.01% |
| 222 | WUXI PHARMATECH CAYMAN INC | 929352102 | 5,763 | $157,905 | 0.01% |
| 223 | YOUKU TUDOU INC | 98742U100 | 5,459 | $149,576 | 0.01% |
| 224 | FRONTLINE LTD | FRO | 50,000 | $132,499 | 0.01% |
| 225 | SINA CORP | G81477104 | 1,337 | $108,524 | 0.01% |
| 226 | QIWI PLC | 74735M108 | 3,383 | $105,752 | 0.01% |