Latest NICOLA WEALTH MANAGEMENT LTD. Stock Portfolio

NICOLA WEALTH MANAGEMENT LTD. Performance:

2025 Q1: -7.13%YTD: -7.13%2024: 7.69%

Performance for 2025 Q1 is -7.13%, and YTD is -7.13%, and 2024 is 7.69%.

About NICOLA WEALTH MANAGEMENT LTD. and 13F Hedge Fund Stock Holdings

NICOLA WEALTH MANAGEMENT LTD. is a hedge fund based in Canada. On 14-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $8.1 Billions. In it's latest 13F Holdings report, NICOLA WEALTH MANAGEMENT LTD. reported an equity portfolio of $1 Billions as of 31 Mar, 2025.

The top stock holdings of NICOLA WEALTH MANAGEMENT LTD. are , , MSFT. The fund has invested 10.6% of it's portfolio in BANK NOVA SCOTIA HALIFAX and 3% of portfolio in TORONTO DOMINION BK ONT.

The fund managers got completely rid off ROYAL BK CDA, BECTON DICKINSON & CO (BDX) and BOSTON SCIENTIFIC CORP (BSX) stocks. They significantly reduced their stock positions in NEXTRACKER INC, DIGITAL RLTY TR INC (DLR) and SUNSTONE HOTEL INVS INC NEW (SHO). NICOLA WEALTH MANAGEMENT LTD. opened new stock positions in BANK NOVA SCOTIA HALIFAX, IDEXX LABS INC (IDXX) and LINDE PLC (LIN). The fund showed a lot of confidence in some stocks as they added substantially to INTUITIVE SURGICAL INC (ISRG), DUN & BRADSTREET HLDGS INC (DNB) and SERVICENOW INC (NOW).

NICOLA WEALTH MANAGEMENT LTD. Annual Return Estimates Vs S&P 500

Our best estimate is that NICOLA WEALTH MANAGEMENT LTD. made a return of -7.13% in the last quarter. In trailing 12 months, it's portfolio return was -2.04%.

New Buys

Ticker	$ Bought
bank nova scotia halifax	109,092,000
idexx labs inc	16,504,000
linde plc	15,505,800
sun life financial inc.	9,973,660
nvidia corporation	5,744,140
stantec inc	4,900,560
docebo inc	3,423,990
walgreens boots alliance inc	2,122,300

New stocks bought by NICOLA WEALTH MANAGEMENT LTD.

Additions

Ticker	% Inc.
intuitive surgical inc	100
dun & bradstreet hldgs inc	66.88
servicenow inc	57.14
affiliated managers group in	37.5
equity residential	33.06
bce inc	28.21
perrigo co plc	27.67
canadian pacific kansas city	27.09

Additions to existing portfolio by NICOLA WEALTH MANAGEMENT LTD.

Reductions

Ticker	% Reduced
nextracker inc	-47.92
digital rlty tr inc	-43.05
brookfield asset managmt ltd	-38.46
sunstone hotel invs inc new	-35.4
bloom energy corp	-33.64
nextera energy inc	-28.26
at&t inc	-27.45
enphase energy inc	-25.81

NICOLA WEALTH MANAGEMENT LTD. reduced stake in above stock

Sold off

Ticker	$ Sold
royal bk cda	-24,010,900
boston scientific corp	-9,137,440
lxp industrial trust	-969,348
fluence energy inc	-1,191,000
ameresco inc	-1,291,400
becton dickinson & co	-11,230,100
essential pptys rlty tr inc	-1,772,690
lowes cos inc	-6,416,800

NICOLA WEALTH MANAGEMENT LTD. got rid off the above stocks

Sector Distribution

NICOLA WEALTH MANAGEMENT LTD. has about 35% of it's holdings in Others sector.

Sector	%
Others	35
Technology	12
Consumer Cyclical	10.2
Communication Services	9.5
Industrials	9.2
Healthcare	6.7
Real Estate	6.3
Financial Services	4.7
Consumer Defensive	3.9
Basic Materials	1.5

Market Cap. Distribution

NICOLA WEALTH MANAGEMENT LTD. has about 54.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	35
LARGE-CAP	32.3
MEGA-CAP	22.6
MID-CAP	9.1

Stocks belong to which Index?

About 51.7% of the stocks held by NICOLA WEALTH MANAGEMENT LTD. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	48.3
S&P 500	47.4
RUSSELL 2000	4.3

Top 5 Winners (%)		%
T	at&t inc	22.1 %
AJG	gallagher arthur j & co	20.5 %
AWK	american wtr wks co inc new	17.4 %
DE	deere & co	11.0 %
V	visa inc	10.6 %

Top 5 Winners ($)		$
T	at&t inc	5.3 M
V	visa inc	2.7 M
DE	deere & co	2.4 M
AJG	gallagher arthur j & co	2.2 M
CASY	caseys gen stores inc	2.2 M

Top 5 Losers (%)		%
FL	foot locker inc	-54.9 %
NBR	nabors industries ltd	-49.3 %
CRI	carters inc	-47.5 %
REZI	resideo technologies inc	-46.6 %
HP	helmerich & payne inc	-43.3 %

Top 5 Losers ($)		$
AVGO	broadcom inc	-8.0 M
NOW	servicenow inc	-4.8 M
H	hyatt hotels corp	-4.4 M
CP	canadian pacific kansas city	-4.4 M
GOOG	alphabet inc	-4.0 M

NICOLA WEALTH MANAGEMENT LTD. Holdings Map

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

Current Stock Holdings of NICOLA WEALTH MANAGEMENT LTD.

NICOLA WEALTH MANAGEMENT LTD. has 111 stocks in it's portfolio. About 32.7% of the portfolio is in top 10 stocks. AVGO proved to be the most loss making stock for the portfolio. T was the most profitable stock for NICOLA WEALTH MANAGEMENT LTD. last quarter.

Last Reported on: 06 Jun, 2025

Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	bank nova scotia halifax	10.64	2,300,000	109,092,000	new

	toronto dominion bk ont	2.98	510,002	30,571,800	unchanged	0.00

MSFT	microsoft corp	2.69	73,560	27,613,700	added	6.36

ACWF	ishares tr	2.67	1,128,300	27,372,600	added	15.33

V	visa inc	2.43	71,000	24,882,700	reduced	-13.41

UNH	unitedhealth group inc	2.37	46,400	24,302,000	added	2.2

CASY	caseys gen stores inc	2.28	53,900	23,394,800	reduced	-13.2

	canadian natl ry co	2.28	239,600	23,325,400	unchanged	0.00

META	meta platforms inc	2.22	39,500	22,766,200	reduced	-9.2

AVGO	broadcom inc	2.10	128,800	21,565,000	added	18.17

T	at&t inc	2.08	755,400	21,362,700	reduced	-27.45

WMT	walmart inc	2.06	240,200	21,087,200	reduced	-14.28

	shopify inc	2.01	216,383	20,592,900	reduced	-10.05

DE	deere & co	1.99	43,500	20,416,700	reduced	-15.2

UNP	union pac corp	1.94	84,200	19,891,400	reduced	-0.71

EA	electronic arts inc	1.93	136,900	19,784,800	reduced	-7.12

PLD	prologis inc.	1.73	158,339	17,700,700	reduced	-2.59

AMZN	amazon com inc	1.73	93,000	17,694,200	unchanged	0.00

GOOG	alphabet inc	1.72	113,900	17,613,500	reduced	-7.32

NOW	servicenow inc	1.71	22,000	17,515,100	added	57.14