Latest LINCLUDEN MANAGEMENT LTD Stock Portfolio
$1.02Billion | No. of Holdings #68
LINCLUDEN MANAGEMENT LTD Performance
2026 Q2+33.60%
YTD+10.58%
2025+45.54%
About LINCLUDEN MANAGEMENT LTD and 13F Hedge Fund Stock Holdings
On 2026-07-24, the fund reported it's updated stock portfolio. In the 13F Holdings report, LINCLUDEN MANAGEMENT LTD reported an equity portfolio of $1 Billions as of 30 Jun, 2026. <br><br> The top stock holdings of LINCLUDEN MANAGEMENT LTD are RY, TD, TRP. The fund has invested 9.2% of it's portfolio in ROYAL BANK OF CANADA and 8.9% of portfolio in TORONTO DOMINION BK ONT. <br><br> The fund managers got completely rid off PEMBINA PIPELINE CORP. (PBA), GRANITE REAL ESTATE INVT TR and TOTAL ENERGIES SE (TTE) stocks. They significantly reduced their stock positions in CORNING INC. (GLW), CISCO SYSTEMS INC. (CSCO) and SAP SE (SAP). LINCLUDEN MANAGEMENT LTD opened new stock positions in DESCARTES SYSTEMS GROUP (DSGX) and MID-AMER APT CMNTYS INC (MAA). The fund showed a lot of confidence in some stocks as they added substantially to TRACTOR SUPPLY CO (TSCO), AMERICAN HEALTHCARE REIT INC and SHELL PLC (SHEL).
LINCLUDEN MANAGEMENT LTD Equity Portfolio Value
Last Reported on: 24 Jul, 2026
$1.02Billion
as of Jul 24, 2026LINCLUDEN MANAGEMENT LTD Annual Return Estimates Vs S&P 500
Our best estimate is that MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd made a return of 33.6% in the last quarter. In trailing 12 months, it's portfolio return was 52.24%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| descartes systems group | 3,351,000 |
| mid-amer apt cmntys inc | 1,490,000 |
New stocks bought by LINCLUDEN MANAGEMENT LTD
Additions
| Ticker | % Inc. |
|---|---|
| tractor supply co | 128 |
| american healthcare reit inc | 56.38 |
| shell plc | 54.22 |
| disney walt co | 45.63 |
| boyd group services inc | 41.9 |
| jacobs solutions inc. | 35.52 |
| cgi inc | 20.3 |
| home depot | 20.08 |
Additions to existing portfolio by LINCLUDEN MANAGEMENT LTD
Reductions
| Ticker | % Reduced |
|---|---|
| corning inc. | -98.25 |
| cisco systems inc. | -51.96 |
| sap se | -48.51 |
| verizon communications | -41.64 |
| brookfield asset managmt ltd | -38.39 |
| brookfield corp | -36.04 |
| simon ppty group new | -33.41 |
| magna intl inc | -32.24 |
LINCLUDEN MANAGEMENT LTD reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| pembina pipeline corp. | -45,435,000 |
| granite real estate invt tr | -6,247,000 |
| total energies se | -2,680,000 |
| sun cmntys inc | -1,573,000 |
LINCLUDEN MANAGEMENT LTD got rid off the above stocks
Sector Distribution
MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd has about 78.1% of it's holdings in Others sector.
- Others
- Consumer Cyclical
- Financial Services
- Real Estate
- Healthcare
- Communication Services
- Technology
| Sector | % |
|---|---|
| Others | 78.1 |
| Consumer Cyclical | 5.2 |
| Financial Services | 4.1 |
| Real Estate | 3.8 |
| Healthcare | 2.7 |
| Communication Services | 2.1 |
| Technology | 1.6 |
Market Cap. Distribution
MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd has about 20% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
- LARGE-CAP
- MEGA-CAP
- MID-CAP
| Category | % |
|---|---|
| UNALLOCATED | 78.1 |
| LARGE-CAP | 10.8 |
| MEGA-CAP | 9.2 |
| MID-CAP | 1.3 |
Stocks belong to which Index?
About 16.9% 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 | % |
|---|---|
| Others | 82.1 |
| S&P 500 | 16.9 |
| Top 5 Winners (%) | % | |
|---|---|---|
| TD | toronto dominion bk ont | 72.1 % |
| RY | royal bank of canada | 70.4 % |
| BNS | bank nova scotia halifax | 67.3 % |
| CM | canadian imperial bank of commerce | 61.0 % |
| CNI | canadian natl ry co com | 55.8 % |
| Top 5 Winners ($) | $ | |
|---|---|---|
| TD | toronto dominion bk ont | 47.2 M |
| RY | royal bank of canada | 47.1 M |
| BNS | bank nova scotia halifax | 27.4 M |
| CNI | canadian natl ry co com | 23.6 M |
| TRP | tc energy corp. | 20.8 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 68 stocks in it's portfolio. About 53.3% of the portfolio is in top 10 stocks. PFE proved to be the most loss making stock for the portfolio. TD was the most profitable stock for MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd last quarter.
$1.02BTotal Value
72.00Positions
24 Jul, 2026Last Reported
| Expand | Holdingsorted ascending | % Portfolio | Shares Held | $ Value | % Change |
|---|---|---|---|---|---|
 American Tower Corp LINCLUDEN MANAGEMENT LTD's holding in American Tower Corp over time | 0.76% | 47,493 | $7.77M 0.76% | 14.43%increased 14.43 percentadded | |
 Avalonbay Cmntys Inc. LINCLUDEN MANAGEMENT LTD's holding in Avalonbay Cmntys Inc. over time | 0.22% | 11,699 | $2.21M 0.22% | 0%unchanged 0 percentunchanged | |
 Bank Of America Corporation LINCLUDEN MANAGEMENT LTD's holding in Bank Of America Corporation over time | 0.75% | 133,646 | $7.62M 0.75% | 0.61%increased 0.61 percentadded | |
 BAM Brookfield Asset Managmt LtdBrookfield Asset Managmt LtdBAM | 0.27% | 43,179 | $2.75M 0.27% | 38.39%decreased 38.39 percentreduced | |
 BCE Bce IncBce IncBCE | 4.34% | 1,445,760 | $44.17M 4.34% | 21.59%decreased 21.59 percentreduced | |
 BEP Brookfield Renewable EnergyBrookfield Renewable EnergyBEP | 2.04% | 422,025 | $20.75M 2.04% | 26.27%decreased 26.27 percentreduced | |
 BIP Brookfield Infrastructure PaBrookfield Infrastructure PaBIP | 3.37% | 662,686 | $34.33M 3.37% | 4%increased 4 percentadded | |
 BNS Bank Nova Scotia HalifaxBank Nova Scotia HalifaxBNS | 5.55% | 458,826 | $56.56M 5.55% | 20.54%decreased 20.54 percentreduced | |
| 0.08% | 11,822 | $784.0K 0.08% | 2.28%decreased 2.28 percentreduced | ||
 Citigroup Inc. LINCLUDEN MANAGEMENT LTD's holding in Citigroup Inc. over time | 0.5% | 36,613 | $5.12M 0.5% | 13.38%decreased 13.38 percentreduced | |
 CIGI Colliers Intl Group Inc.Colliers Intl Group Inc.CIGI | 0.72% | 54,765 | $7.29M 0.72% | 4.09%increased 4.09 percentadded | |
 CM Canadian Imperial Bank Of CommerceCanadian Imperial Bank Of CommerceCM | 3.53% | 220,139 | $35.95M 3.53% | 25%decreased 25 percentreduced | |
 CNI Canadian Natl Ry Co ComCanadian Natl Ry Co ComCNI | 5.38% | 324,110 | $54.86M 5.38% | 19.83%decreased 19.83 percentreduced | |
 CNQ Canadian Nat Res Ltd ComCanadian Nat Res Ltd ComCNQ | 3.07% | 557,895 | $31.31M 3.07% | 19.96%decreased 19.96 percentreduced | |
 Costco Wholesale Costco WholesaleCOST LINCLUDEN MANAGEMENT LTD's holding in Costco Wholesale over time | 0.49% | 5,345 | $5.00M 0.49% | 0.91%increased 0.91 percentadded | |
 Cisco Systems Inc. LINCLUDEN MANAGEMENT LTD's holding in Cisco Systems Inc. over time | 0.8% | 69,320 | $8.14M 0.8% | 51.96%decreased 51.96 percentreduced | |
 DEO Diageo Plc-Spons AdrDiageo Plc-Spons AdrDEO | 0.76% | 95,951 | $7.71M 0.76% | 16.54%decreased 16.54 percentreduced | |
 Disney Walt Co LINCLUDEN MANAGEMENT LTD's holding in Disney Walt Co over time | 0.49% | 51,540 | $4.96M 0.49% | 45.63%increased 45.63 percentadded | |
 DSGX Descartes Systems GroupDescartes Systems GroupDSGX | 0.33% | 34,114 | $3.35M 0.33% | Newnew position | |
 Eog Resources LINCLUDEN MANAGEMENT LTD's holding in Eog Resources over time | 0.5% | 39,024 | $5.06M 0.5% | 0.16%increased 0.16 percentadded | |
