Institutional Manager · CIK 0001058231
LINCLUDEN MANAGEMENT LTD
MISSISSAUGA, A6 · File #028-11897
Latest AUM
$1.2M
Positions
71
Top-10 Concentration
57.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | BROOKFIELD INFRAST PARTNERS | G16252101 | +643,160 | +$30,685 | $0 |
| ADD | BROOKFIELD CORP | 11271J107 | +233,997 | +$14,747 | -$2,746 |
| REDUCE | TORONTO DOMINION BK ONT | TORO | -77,249 | -$9,993 | +$45,218 |
| REDUCE | MANULIFE FINL CORP COM | 56501R106 | -166,407 | -$8,294 | +$16,256 |
| REDUCE | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | -56,464 | -$7,026 | +$17,362 |
| NEW | BOYD GROUP SERVICES INC | BGSI | +31,892 | +$6,972 | $0 |
| REDUCE | ROYAL BANK OF CANADA | 780087102 | -16,521 | -$3,866 | +$38,821 |
| REDUCE | ALPHABET INC. | GOOG | -12,348 | -$3,865 | +$3,064 |
| ADD | DIAGEO PLC-SPONS ADR | DGEAF | +41,871 | +$3,612 | -$529 |
| ADD | TELUS CORP. | TU | +161,320 | +$2,918 | +$4,040 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202571 pos · $1.2M
- 13F HOLDINGS REPORTQ/E Sep 202569 pos · $898,284
- 13F HOLDINGS REPORTQ/E Jun 202577 pos · $905,408
- 13F HOLDINGS REPORTQ/E Mar 202572 pos · $787,114
- 13F HOLDINGS REPORTQ/E Dec 202473 pos · $826,144
- 13F HOLDINGS REPORTQ/E Sep 202472 pos · $916,868
- 13F HOLDINGS REPORTQ/E Jun 202472 pos · $823,430
- 13F HOLDINGS REPORTQ/E Mar 202473 pos · $842,863
- 13F HOLDINGS REPORTQ/E Dec 202372 pos · $826,673
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 829,383 | $107,289 | 9.57% |
| 2 | ROYAL BANK OF CANADA | 780087102 | 427,261 | $99,975 | 8.92% |
| 3 | BANK NOVA SCOTIA HALIFAX | 064149107 | 671,166 | $67,942 | 6.06% |
| 4 | BCE INC | BCPPF | 1,885,402 | $61,728 | 5.51% |
| 5 | TC ENERGY CORP. | TRPRF | 793,599 | $59,980 | 5.35% |
| 6 | CANADIAN NATIONAL RAILWAY CO | 136375102 | 419,122 | $56,896 | 5.08% |
| 7 | BROOKFIELD CORP | 11271J107 | 763,376 | $48,108 | 4.29% |
| 8 | MAGNA INTL INC | 559222401 | 642,618 | $47,020 | 4.20% |
| 9 | PEMBINA PIPELINE CORP. | PPLOF | 894,163 | $46,756 | 4.17% |
| 10 | NUTRIEN LTD. | NTR | 518,869 | $43,959 | 3.92% |
| 11 | RESTAURANT BRANDS INTL INC. | 76131D103 | 467,154 | $43,754 | 3.90% |
| 12 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 329,398 | $40,987 | 3.66% |
| 13 | MANULIFE FINL CORP COM | 56501R106 | 695,123 | $34,645 | 3.09% |
| 14 | TELUS CORP. | TU | 1,821,826 | $32,957 | 2.94% |
| 15 | SUNCOR ENERGY INC | SU | 536,309 | $32,672 | 2.92% |
| 16 | CANADIAN NAT RES LTD | 136385101 | 673,512 | $31,312 | 2.79% |
| 17 | BROOKFIELD INFRAST PARTNERS | G16252101 | 643,160 | $30,685 | 2.74% |
| 18 | BROOKFIELD RENEWABLE PARTNERS LP | G16258108 | 575,275 | $21,337 | 1.90% |
| 19 | CISCO SYSTEMS INC. | CSCO | 141,007 | $10,862 | 0.97% |
| 20 | FIRST SERVICE CORP | FSV | 46,898 | $10,010 | 0.89% |