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Latest LINCLUDEN MANAGEMENT LTD Stock Portfolio

$1.02Billion | No. of Holdings #67

LINCLUDEN MANAGEMENT LTD Performance

2026 Q3-0.76%
YTD+9.74%
2025+45.54%

About LINCLUDEN MANAGEMENT LTD and 13F Hedge Fund Stock Holdings

On 2026-10-28, the fund reported it's updated stock portfolio. In the 13F Holdings report, MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd reported an equity portfolio of $1 Billions as of 30 Sep, 2026. <br><br> The top stock holdings of MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd are RY, TD, BNS. The fund has invested 8.5% of it's portfolio in ROYAL BANK OF CANADA and 8.3% of portfolio in TORONTO DOMINION BK ONT. <br><br> The fund managers got completely rid off SANOFI SA, AVALONBAY CMNTYS INC. (AVB) and CORNING INC. (GLW) stocks. They significantly reduced their stock positions in WELLTOWER INC. (WELL), FEDERAL REALTY INVT TR (FRT) and RESTAURANT BRANDS INTL INC. (QSR). MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd opened new stock positions in PEMBINA PIPELINE CORP COM (PBA) and SANOFI SA (SNY). The fund showed a lot of confidence in some stocks as they added substantially to MID-AMER APT CMNTYS INC (MAA), EXTRA SPACE STORAGE INC. (EXR) and AMERICAN HEALTHCARE REIT INC.
LINCLUDEN MANAGEMENT LTD Equity Portfolio Value
Last Reported on: 28 Oct, 2026
$1.02Billion
  as of Oct 28, 2026

LINCLUDEN MANAGEMENT LTD Annual Return Estimates Vs S&P 500

Our best estimate is that MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd made a return of -0.76% in the last quarter. In trailing 12 months, it's portfolio return was 40.68%.
  • Performance
  • S&P 500

New Buys

Ticker$ Bought
pembina pipeline corp com48,882,000
sanofi sa3,072,000
New stocks bought by LINCLUDEN MANAGEMENT LTD

Additions

Ticker% Inc.
mid-amer apt cmntys inc48.01
extra space storage inc.40.14
american healthcare reit inc39.49
descartes systems group34.84
rogers communications inc20.58
walmart inc15.69
terreno realty corp.15.17
colliers intl group inc.5.3
Additions to existing portfolio by LINCLUDEN MANAGEMENT LTD

Reductions

Ticker% Reduced
welltower inc.-26.74
federal realty invt tr-24.42
restaurant brands intl inc.-20.33
thermo fisher-16.64
american tower corp-12.72
pfizer inc-8.97
sap se-7.65
canadian imperial bank of commerce-6.95
LINCLUDEN MANAGEMENT LTD reduced stake in above stock

Sold off

Ticker$ Sold
sanofi sa-3,292,000
avalonbay cmntys inc.-2,207,000
corning inc.-153,000
LINCLUDEN MANAGEMENT LTD got rid off the above stocks

Sector Distribution

MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd has about 70.6% of it's holdings in Others sector.

  • Others
  • Financial Services
  • Consumer Cyclical
  • Real Estate
  • Healthcare
  • Communication Services
  • Technology
Sector%
Others70.6
Financial Services12.4
Consumer Cyclical4.2
Real Estate3.2
Healthcare2.7
Communication Services2.5
Technology2.1

Market Cap. Distribution

MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd has about 19% of it's portfolio invested in the large-cap and mega-cap stocks.

  • UNALLOCATED
  • LARGE-CAP
  • MEGA-CAP
Category%
UNALLOCATED79.7
LARGE-CAP9.7
MEGA-CAP9.3

Stocks belong to which Index?

About 16.2% of the stocks held by MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd either belong to S&P 500 or RUSSELL 2000 index.

  • Others
  • S&P 500
Index%
Others82.9
S&P 50016.2
Top 5 Winners (%)%
MSFT
microsoft corp.
37.0 %
SAP
sap se
34.0 %
TMO
thermo fisher
31.8 %
SU
suncor energy inc
26.1 %
SHEL
shell plc
22.3 %
Top 5 Winners ($)$
SU
suncor energy inc
8.2 M
CNQ
canadian nat res ltd com
6.0 M
NTR
nutrien ltd.
3.3 M
MSFT
microsoft corp.
3.0 M
BNS
bank nova scotia halifax
2.8 M
Top 5 Losers (%)%
brookfield renewable corp
-24.2 %
TU
telus corp.
-20.1 %
HD
home depot
-19.2 %
BEP
brookfield renewable energy
-18.2 %
GIL
gildan activewear inc
-17.0 %
Top 5 Losers ($)$
TRP
tc energy corp.
-6.9 M
TU
telus corp.
-5.9 M
RY
royal bank of canada
-4.3 M
BEP
brookfield renewable energy
-3.8 M
brookfield corp
-3.7 M

LINCLUDEN MANAGEMENT LTD Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of LINCLUDEN MANAGEMENT LTD

MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd has 67 stocks in it's portfolio. About 52.2% of the portfolio is in top 10 stocks. TRP proved to be the most loss making stock for the portfolio. SU was the most profitable stock for MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd last quarter.

$1.02BTotal Value
70.00Positions
28 Oct, 2026Last Reported
Current holdings of Current Stock Holdings of LINCLUDEN MANAGEMENT LTD, last reported on 28 Oct, 2026. Select a row with a linked ticker to view its historical trend.
ExpandHoldingsorted ascending% PortfolioShares Held$ Value% Change
BAM
Brookfield Asset Managmt Ltd

Brookfield Asset Managmt Ltd

BAM
LINCLUDEN MANAGEMENT LTD's holding in Brookfield Asset Managmt Ltd over time
0.27%43,179
$2.74M
0.27%
unchanged 0 percentunchanged
BCE
Bce Inc

Bce Inc

BCE
LINCLUDEN MANAGEMENT LTD's holding in Bce Inc over time
3.98%1,405,790
$40.73M
3.98%
decreased 2.76 percentreduced
BEP
Brookfield Renewable Energy

Brookfield Renewable Energy

BEP
LINCLUDEN MANAGEMENT LTD's holding in Brookfield Renewable Energy over time
1.6%407,511
$16.33M
1.6%
decreased 3.44 percentreduced
BIP
Brookfield Infrastructure Pa

Brookfield Infrastructure Pa

BIP
LINCLUDEN MANAGEMENT LTD's holding in Brookfield Infrastructure Pa over time
3.19%644,198
$32.63M
3.19%
decreased 2.79 percentreduced
BNS
Bank Nova Scotia Halifax

Bank Nova Scotia Halifax

BNS
LINCLUDEN MANAGEMENT LTD's holding in Bank Nova Scotia Halifax over time
5.62%444,227
$57.49M
5.62%
decreased 3.18 percentreduced
CIGI
Colliers Intl Group Inc.

Colliers Intl Group Inc.

CIGI
LINCLUDEN MANAGEMENT LTD's holding in Colliers Intl Group Inc. over time
0.72%57,665
$7.36M
0.72%
increased 5.3 percentadded
CM
Canadian Imperial Bank Of Commerce

Canadian Imperial Bank Of Commerce

CM
LINCLUDEN MANAGEMENT LTD's holding in Canadian Imperial Bank Of Commerce over time
3.14%204,833
$32.10M
3.14%
decreased 6.95 percentreduced
CNI
Canadian Natl Ry Co Com

Canadian Natl Ry Co Com

CNI
LINCLUDEN MANAGEMENT LTD's holding in Canadian Natl Ry Co Com over time
5.12%309,176
$52.37M
5.12%
decreased 4.61 percentreduced
CNQ
Canadian Nat Res Ltd Com

Canadian Nat Res Ltd Com

CNQ
LINCLUDEN MANAGEMENT LTD's holding in Canadian Nat Res Ltd Com over time
3.56%544,770
$36.46M
3.56%
decreased 2.35 percentreduced
DEO
Diageo Plc-Spons Adr

Diageo Plc-Spons Adr

DEO
LINCLUDEN MANAGEMENT LTD's holding in Diageo Plc-Spons Adr over time
0.78%93,872
$8.04M
0.78%
decreased 2.17 percentreduced
DSGX
Descartes Systems Group

Descartes Systems Group

DSGX
LINCLUDEN MANAGEMENT LTD's holding in Descartes Systems Group over time
0.52%45,998
$5.29M
0.52%
increased 34.84 percentadded