Institutional Manager · CIK 0001578985
Cumberland Partners Ltd
Toronto, A6 · File #028-15541
Latest AUM
$1.63B
Positions
273
Top-10 Concentration
41.2%
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 |
|---|---|---|---|---|---|
| ADD | SHOPIFY INC | SHOP | +240,423 | +$38.7M | +$181,913 |
| REDUCE | MICROSOFT CORP | MSFT | -51,197 | -$24.8M | -$1.9M |
| ADD | COSTCO WHSL CORP NEW | 22160K105 | +24,828 | +$21.4M | -$580,686 |
| REDUCE | ALPHABET INC | GOOG | -59,130 | -$18.5M | +$4.7M |
| ADD | LINDE PLC | LIN | +31,053 | +$13.2M | -$1.0M |
| REDUCE | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | -37,898 | -$11.5M | +$954,092 |
| REDUCE | JOHNSON & JOHNSON | JNJ | -53,865 | -$11.1M | +$1.3M |
| REDUCE | ROYAL BK CDA | 780087102 | -64,456 | -$11.0M | +$2.3M |
| REDUCE | ASTRAZENECA PLC | AZN | -119,163 | -$11.0M | +$1.9M |
| ADD | AMPHENOL CORP NEW | 032095101 | +79,581 | +$10.8M | +$417,226 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025273 pos · $1.63B
- 13F HOLDINGS REPORTQ/E Sep 2025259 pos · $1.53B
- 13F HOLDINGS REPORTQ/E Jun 2025268 pos · $1.44B
- 13F HOLDINGS REPORTQ/E Mar 2025262 pos · $1.30B
- 13F HOLDINGS REPORTQ/E Dec 2024259 pos · $1.43B
- 13F HOLDINGS REPORTQ/E Sep 2024268 pos · $1.44B
- 13F HOLDINGS REPORTQ/E Jun 2024260 pos · $1.38B
- 13F HOLDINGS REPORTQ/E Mar 2024293 pos · $1.38B
- 13F HOLDINGS REPORTQ/E Dec 2023280 pos · $1.04B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 120,865 | $58.5M | 5.11% |
| 2 | NVIDIA CORPORATION | NVDA | 283,464 | $52.9M | 4.62% |
| 3 | WALMART INC | WMT | 455,086 | $50.7M | 4.43% |
| 4 | AMAZON COM INC | AMZN | 210,259 | $48.5M | 4.24% |
| 5 | APPLE INC | AAPL | 176,403 | $48.0M | 4.19% |
| 6 | ROYAL BK CDA | 780087102 | 269,143 | $45.9M | 4.01% |
| 7 | ALPHABET INC | GOOG | 142,503 | $44.7M | 3.91% |
| 8 | META PLATFORMS INC | META | 62,228 | $41.1M | 3.59% |
| 9 | SHOPIFY INC | SHOP | 254,893 | $41.1M | 3.59% |
| 10 | BANK NOVA SCOTIA HALIFAX | 064149107 | 542,464 | $40.0M | 3.50% |
| 11 | VISA INC | V | 95,558 | $33.5M | 2.93% |
| 12 | S&P GLOBAL INC | SPGI | 62,702 | $32.8M | 2.86% |
| 13 | MICROSOFT CORP | MSFT | 67,121 | $32.5M | 2.84% |
| 14 | COSTCO WHSL CORP NEW | 22160K105 | 34,003 | $29.3M | 2.56% |
| 15 | ELI LILLY & CO | LLY | 24,986 | $26.9M | 2.35% |
| 16 | ALPHABET INC | GOOG | 80,185 | $25.1M | 2.19% |
| 17 | EATON CORP PLC | ETN | 71,388 | $22.7M | 1.99% |
| 18 | NVIDIA CORPORATION | NVDA | 121,803 | $22.7M | 1.98% |
| 19 | META PLATFORMS INC | META | 34,228 | $22.6M | 1.97% |
| 20 | LINDE PLC | LIN | 51,889 | $22.1M | 1.93% |