CIK 1939136
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Banks | 23.55% | 4 |
| Specialty Retail | 10.41% | 2 |
| Software | 10.01% | 2 |
| Utilities | 9.80% | 2 |
| Commercial Services & Supplies | 8.45% | 3 |
| Software & IT Services | 7.74% | 2 |
| Road & Rail | 6.27% | 2 |
| Pharmaceuticals & Biotechnology | 5.08% | 1 |
| Technology Hardware & Equipment | 4.80% | 1 |
| Unclassified | 4.79% | 1 |
| Beverages | 3.45% | 1 |
| Health Care Equipment & Supplies | 3.40% | 1 |
| Machinery | 1.41% | 1 |
| Life Sciences Tools & Services | 0.85% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WMT | Walmart Inc. | Consumer Discretionary | 9.04% |
| 2 | RY | ROYAL BANK OF CANADA | Financials | 7.92% |
| 3 | GOOGL | Alphabet Inc. | Communication Services | 7.67% |
| 4 | AXP | AMERICAN EXPRESS CO | Financials | 6.62% |
| 5 | MSFT | MICROSOFT CORP | Information Technology | 6.60% |
| 6 | TRP | TC ENERGY CORP | Utilities | 5.55% |
| 7 | TD | TORONTO DOMINION BANK | Financials | 5.52% |
| 8 | V | VISA INC. | Financials | 5.30% |
| 9 | NVS | Novartis AG | Health Care | 5.08% |
| 10 | AAPL | Apple Inc. | Information Technology | 4.80% |
24/24 names classified · sector 100.0% of weight · industry 95.2% · mkt cap 73.7%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 57.1% of book weight (15/24 names) · unclassified 42.9%: RY, TRP, TD, NVS, BRK.B, FTS, CNI, BNS, CP. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | WMTWALMART INC | 296,115 | $37M | 9.0% | TRIM −12% |
| 2 | RYROYAL BK CDA | 200,339 | $32M | 7.9% | HOLD |
| 3 | GOOGLALPHABET INC | 108,795 | $31M | 7.7% | TRIM −21% |
| 4 | AXPAMERICAN EXPRESS CO | 89,272 | $27M | 6.6% | HOLD |
| 5 | MSFTMICROSOFT CORP | 72,736 | $27M | 6.6% | HOLD |
| 6 | TRPTC ENERGY CORP | 358,860 | $23M | 5.5% | ADD 36% |
| 7 | TDTORONTO DOMINION BK ONT | 241,905 | $23M | 5.5% | ADD 2% |
| 8 | VVISA INC | 71,569 | $22M | 5.3% | HOLD |
| 9 | NVSNOVARTIS AG | 135,620 | $21M | 5.1% | HOLD |
| 10 | AAPLAPPLE INC | 77,188 | $20M | 4.8% | HOLD |
| 11 | BRK.BBERKSHIRE HATHAWAY INC DEL | 40,761 | $20M | 4.8% | HOLD |
| 12 | FTSFORTIS INC | 311,400 | $17M | 4.2% | ADD 51% |
| 13 | CNICANADIAN NATL RY CO | 146,221 | $15M | 3.7% | HOLD |
| 14 | BNSBANK NOVA SCOTIA B C | 205,396 | $14M | 3.5% | ADD 3% |
| 15 | PEPPEPSICO INC | 90,595 | $14M | 3.5% | HOLD |
| 16 | ORCLORACLE CORP | 94,454 | $14M | 3.4% | HOLD |
| 17 | BDXBECTON DICKINSON & CO | 88,268 | $14M | 3.4% | ADD 97% |
| 18 | CPCANADIAN PACIFIC KANSAS CITY | 134,556 | $11M | 2.6% | HOLD |
| 19 | ACNACCENTURE PLC IRELAND | 41,600 | $8M | 2.0% | HOLD |
| 20 | ETNEATON CORP PLC | 16,040 | $6M | 1.4% | NEW |
| 21 | COSTCOSTCO WHSL CORP NEW | 5,580 | $6M | 1.4% | NEW |
| 22 | MCOMOODYS CORP | 10,450 | $5M | 1.1% | NEW |
| 23 | WATWATERS CORP | 11,668 | $3M | 0.9% | NEW |
| 24 | GOOGALPHABET INC | 955 | $273,951 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WMTWALMART INC | 359K | 349K | 348K | 345K | 337K | 296K | $37M |
| RYROYAL BK CDA | 206K | 203K | 204K | 200K | 197K | 200K | $32M |
| GOOGLALPHABET INC | 169K | 166K | 165K | 140K | 138K | 109K | $31M |
| AXPAMERICAN EXPRESS CO | 94K | 92K | 91K | 90K | 88K | 89K | $27M |
| MSFTMICROSOFT CORP | 75K | 74K | 73K | 73K | 71K | 73K | $27M |
| TRPTC ENERGY CORP | 285K | 279K | 274K | 269K | 263K | 359K | $23M |
| TDTORONTO DOMINION BK ONT | 254K | 249K | 259K | 242K | 237K | 242K | $23M |
| VVISA INC | 75K | 73K | 73K | 72K | 70K | 72K | $22M |
| NVSNOVARTIS AG | 142K | 140K | 139K | 136K | 134K | 136K | $21M |
| AAPLAPPLE INC | 80K | 79K | 78K | 78K | 76K | 77K | $20M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 43K | 42K | 41K | 41K | 40K | 41K | $20M |
| FTSFORTIS INC | — | — | — | 208K | 207K | 311K | $17M |
| CNICANADIAN NATL RY CO | 153K | 151K | 150K | 148K | 144K | 146K | $15M |
| BNSBANK NOVA SCOTIA B C | 215K | 211K | 210K | 205K | 200K | 205K | $14M |
| PEPPEPSICO INC | 96K | 94K | 93K | 91K | 89K | 91K | $14M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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