NICOLA WEALTH MANAGEMENT LTD.
•CIK: 1734493•Filing: Q4 2025
**NICOLA WEALTH MANAGEMENT LTD.** manages $1.1B across a diversified portfolio of 65 positions. The fund exhibits significant concentration in select names, notably maintaining a substantial position in TRP at $110.1M and BNS at $100.4M. Further allocations include notable stakes in PPL ($37.6M), TD ($34.2M), and WCN ($32.5M). This structure suggests a conviction-driven, large-cap tilt across key sectors.
Total AUM
$1.1B
QoQ Performance
-2.2%
Positions
65
Top 10 Concentration
40.6%
Latest Filing
Q4 2025
Top Holdings Allocation
TRP
BNS
TRP10.0%
BNS9.1%
PPL3.4%
TD3.1%
WCN3.0%
MSFT2.9%
UNP2.4%
V2.3%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other68.9%
Technology10.1%
Consumer5.8%
Communication5.0%
Industrial4.3%
Financial2.3%
Materials1.5%
Consumer Staples1.1%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW4 new positions
↑14 increased
↓17 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022