Northwest & Ethical Investments L.P.

CIK

2033536

Location

TORONTO, A6

Portfolio Value

Mid $3,940,566,603

Diversification

Diversified

Filing Date

Global Rank

#622 / 8,232 ▲ 54

Top Industry

Semiconductors 8.5%

3Y Alpha vs SPY

-5.6%

Period ended 2 months ago

Filed May 14, 2026 · 31d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+52.9%

SPY

+76.3%

Annualised alpha

-5.6%

Max drawdown

−15.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

499 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.2%

−1.2 pts

Top 5

14.2%

−1.4 pts

Top 10

21.6%

−1.6 pts

HHI

Diversified−9

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.0%	$945,723,449	78
Financial Services	16.8%	$661,606,022	71
Industrials	12.1%	$477,936,779	69
Healthcare	10.4%	$411,261,815	55
Consumer Cyclical	7.7%	$301,824,004	47
Energy	6.2%	$243,950,171	28
Basic Materials	5.8%	$229,367,420	60
Utilities	5.0%	$196,869,168	27
Communication Services	4.6%	$183,053,325	26
Consumer Defensive	3.1%	$123,917,794	20
Unclassified	2.9%	$113,654,970	3
Real Estate	1.3%	$51,401,686	15

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WCN	Waste Connections, Inc.	+285,126	337,186	$54,772,493
T	At&T Inc.	+273,884	432,797	$12,546,785
NVDA	Nvidia Corp	+172,746	938,430	$163,662,192
APTV	Aptiv PLC	+134,155	425,483	$29,545,539
HPQ	Hp Inc	+128,027	313,431	$6,021,009
BN	BROOKFIELD Corp /ON/	+107,080	834,753	$33,782,453
CL	Colgate Palmolive Co	+103,726	351,332	$29,944,026
WFG	West Fraser Timber Co., Ltd	+94,900	124,969	$8,159,226
OR	OR Royalties Inc.	+94,504	118,525	$4,506,320
SVM	Silvercorp Metals Inc	+92,408	117,228	$1,259,028
SU	Suncor Energy Inc	+85,265	355,830	$23,523,921
ITRI	Itron, Inc.	+85,103	221,558	$19,858,243
MDLZ	Mondelez International, Inc.	+78,756	115,993	$6,685,836
B	Barrick Mining Corp	+73,656	279,477	$11,399,866
NFLX	Netflix Inc	+71,109	274,664	$26,408,943
MNST	Monster Beverage Corp	+70,962	163,233	$11,827,863
OTEX	Open Text Corp	+66,187	318,545	$7,084,440
XOM	Exxon Mobil Corp	+65,556	131,011	$22,227,326
PG	PROCTER & GAMBLE Co	+65,324	165,656	$23,927,352
TU	Telus Corp	+61,076	753,234	$9,663,992
NI	Nisource Inc.	+59,453	74,659	$3,483,588
SHOP	Shopify Inc.	+56,316	295,174	$35,013,539
RNW	ReNew Energy Global plc	+51,773	947,339	$4,338,812
CGAU	Centerra Gold Inc.	+49,680	148,659	$2,644,643
GIB	Cgi Inc	+43,992	381,048	$27,854,608
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CARR	CARRIER GLOBAL Corp	−345,635	18,333	$1,032,331
ENB	Enbridge Inc	−173,523	641,654	$34,739,147
NYT	New York Times Co	−144,267	27,007	$2,261,296
FAST	Fastenal Co	−120,795	13,778	$639,299
WM	Waste Management Inc	−119,459	24,643	$5,662,714
A	Agilent Technologies, Inc.	−117,577	299,913	$34,184,083
ITRG	Integra Resources Corp.	−115,490	126,952	$346,578
AMAT	Applied Materials Inc /De	−105,795	16,020	$5,475,475
BNS	Bank Of Nova Scotia	−105,102	262,507	$18,194,360
BAM	Brookfield Asset Management Ltd.	−94,280	51,092	$2,271,039
EXC	Exelon Corp	−85,183	149,724	$7,339,470
RSG	Republic Services, Inc.	−83,827	25,398	$5,562,669
GIS	General Mills Inc	−81,588	51,763	$1,926,618
CNQ	Canadian Natural Resources Ltd	−76,932	590,918	$28,795,434
BCE	Bce Inc	−74,675	397,331	$10,028,634
TXN	Texas Instruments Inc	−72,617	8,942	$1,735,999
IAG	Iamgold Corp	−72,399	271,206	$5,104,096
SLF	Sun Life Financial Inc	−68,537	374,296	$23,415,957
MRVL	Marvell Technology, Inc.	−66,742	226,909	$22,475,336
BTG	B2gold Corp	−59,480	209,730	$950,076
BB	BLACKBERRY Ltd	−52,891	73,182	$237,109
PBA	Pembina Pipeline Corp	−52,326	223,285	$9,994,236
HBM	Hudbay Minerals Inc.	−51,247	168,888	$3,529,759
SSRM	Ssr Mining Inc.	−47,612	36,354	$1,068,807
VLTO	Veralto Corp	−47,185	214,626	$18,977,230
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
KLAC	Kla Corp	26,432	$38,918,741
QXO	QXO, Inc.	607,869	$11,804,815
DLR	Digital Realty Trust, Inc.	59,559	$10,733,127
HAL	Halliburton Co	199,605	$7,782,598
USFD	US Foods Holding Corp.	67,470	$6,221,408
CTVA	Corteva, Inc.	72,678	$6,083,875
MPC	Marathon Petroleum Corp	17,615	$4,301,230
PNFP	Pinnacle Financial Partners, Inc.	47,727	$4,111,203
MCD	Mcdonalds Corp	10,502	$3,263,916
LH	Labcorp Holdings Inc.	11,460	$3,057,642
STE	STERIS plc	13,554	$2,997,196
AIG	American International Group, Inc.	36,072	$2,714,418
PKG	Packaging Corp Of America	12,611	$2,676,306
TW	Tradeweb Markets Inc.	20,539	$2,416,618
UBER	Uber Technologies, Inc	33,379	$2,400,951
IBM	International Business Machines Corp	9,792	$2,373,482
HIG	Hartford Insurance Group, Inc.	16,501	$2,231,430
SUI	Sun Communities Inc	17,106	$2,154,671
ROL	Rollins Inc	40,179	$2,145,960
GGG	Graco Inc	22,899	$1,938,400
GEV	GE Vernova Inc.	1,989	$1,736,198
CDE	Coeur Mining, Inc.	91,414	$1,715,840
JCI	Johnson Controls International plc	12,072	$1,580,828
AVB	Avalonbay Communities Inc	9,610	$1,569,793
ALL	Allstate Corp	7,537	$1,562,721
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
IEX	Idex Corp /De/	104,652	$18,621,776
PNR	PENTAIR plc	144,280	$15,025,319
SSNC	SS&C Technologies Holdings Inc	160,332	$14,016,223
G	Genpact LTD	127,862	$5,981,384
NU	Nu Holdings Ltd.	282,633	$4,731,276
EMR	Emerson Electric Co	30,071	$3,991,023
MMM	3M Co	22,891	$3,664,849
IBN	Icici Bank Ltd	117,250	$3,494,050
ES	Eversource Energy	50,715	$3,414,640
KVUE	Kenvue Inc.	187,853	$3,240,464
ITUB	Itau Unibanco Holding S.A.	306,532	$2,194,769
CVS	CVS HEALTH Corp	26,311	$2,088,040
TBBB	Bbb Foods Inc	62,449	$2,085,172
IDXX	Idexx Laboratories Inc /De	2,961	$2,003,205
BMY	Bristol Myers Squibb Co	35,242	$1,900,953
TCOM	Trip.com Group Ltd	26,077	$1,875,197
PAYX	Paychex Inc	16,522	$1,853,437
RPRX	Royalty Pharma plc	47,690	$1,842,741
NLY	Annaly Capital Management Inc	82,016	$1,833,877
NGD	New Gold Inc. /FI	186,821	$1,627,210
STT	State Street Corp	12,185	$1,571,986
WSO	Watsco Inc	4,555	$1,534,807
TPG	TPG Inc.	22,103	$1,411,055
APP	AppLovin Corp	2,035	$1,371,223
WTRG	Essential Utilities, Inc.	34,524	$1,324,340
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

499 positions · $3,940,566,603 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 499 positions by value · page 1 of 10

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	938,430	+172,746	$163,662,192	+14.6%	4.15%
MSFT	Microsoft Corp Technology	Reduced	399,316	-47,009	$147,814,803	−31.5%	3.75%
AAPL	Apple Inc. Technology	Added	407,128	+18,182	$103,325,015	−2.3%	2.62%
RY	Royal Bank Of Canada Financial Services	Reduced	494,832	-10,970	$80,053,920	−7.2%	2.03%
TD	Toronto Dominion Bank Financial Services	Reduced	688,491	-28,943	$64,243,095	−4.9%	1.63%
AVGO	Broadcom Inc. Technology	Added	204,755	+12,111	$63,373,720	−5.0%	1.61%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	296,193	-26,522	$61,688,116	−17.2%	1.57%
QQQ	Invesco Qqq Trust, Series 1	Held	101,500	0	$58,583,770	−6.0%	1.49%
WCN	Waste Connections, Inc. Industrials	Added	337,186	+285,126	$54,772,493	+500.0%	1.39%
SPY	Spdr S&P 500 ETF Trust	Held	79,500	0	$51,702,030	−4.6%	1.31%
LIN	Linde PLC Basic Materials	Reduced	104,182	-14,914	$51,649,268	+1.7%	1.31%
GILD	Gilead Sciences, Inc. Healthcare	Added	346,995	+18,788	$48,360,693	+20.0%	1.23%
UNP	Union Pacific Corp Industrials	Added	191,245	+28,841	$46,399,861	+23.5%	1.18%
CNI	Canadian National Railway Co Industrials	Reduced	426,867	-4,103	$43,869,121	+3.0%	1.11%
MRK	Merck & Co., Inc. Healthcare	Added	351,729	+23,081	$42,309,481	+22.3%	1.07%
V	Visa Inc. Financial Services	Added	139,085	+3,643	$42,037,050	−11.5%	1.07%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	120,074	+10,970	$40,579,008	+22.4%	1.03%
KLAC	Kla Corp Technology	NEW	26,432	NEW	$38,918,741	NEW	0.99%
MA	Mastercard Inc Financial Services	Added	77,880	+15,724	$38,913,520	+9.7%	0.99%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	474,354	-25,547	$37,312,685	+1.4%	0.95%
FNV	FRANCO NEVADA Corp Basic Materials	Added	147,553	+2,947	$36,452,968	+21.6%	0.93%
CSCO	Cisco Systems, Inc. Technology	Added	467,803	+15,755	$36,296,834	+4.2%	0.92%
GOOGL	Alphabet Inc. Communication Services	Added	125,703	+2,859	$36,147,154	−6.0%	0.92%
SHOP	Shopify Inc. Technology	Added	295,174	+56,316	$35,013,539	−8.9%	0.89%
ENB	Enbridge Inc Energy	Reduced	641,654	-173,523	$34,739,147	−10.9%	0.88%
A	Agilent Technologies, Inc. Healthcare	Reduced	299,913	-117,577	$34,184,083	−39.8%	0.87%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	834,753	+107,080	$33,782,453	+1.2%	0.86%
MCK	Mckesson Corp Healthcare	Reduced	38,768	-104	$33,548,276	+5.2%	0.85%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	683,596	-4,323	$33,325,305	−11.9%	0.85%
HUBB	Hubbell Inc Industrials	Reduced	65,422	-2,523	$32,105,192	+6.4%	0.81%
LLY	ELI LILLY & Co Healthcare	Added	34,501	+1,371	$31,732,984	−10.9%	0.81%
EBAY	Ebay Inc Consumer Cyclical	Reduced	335,281	-2,788	$30,517,276	+3.6%	0.77%
CL	Colgate Palmolive Co Consumer Defensive	Added	351,332	+103,726	$29,944,026	+53.0%	0.76%
ZTS	Zoetis Inc. Healthcare	Added	251,525	+21,072	$29,732,770	+2.5%	0.75%
APTV	Aptiv PLC Consumer Cyclical	Added	425,483	+134,155	$29,545,539	+33.3%	0.75%
CNQ	Canadian Natural Resources Ltd Energy	Reduced	590,918	-76,932	$28,795,434	+27.4%	0.73%
AEP	American Electric Power Co Inc Utilities	Added	214,580	+5,781	$28,127,146	+16.8%	0.71%
GIB	Cgi Inc Technology	Added	381,048	+43,992	$27,854,608	−10.5%	0.71%
JPM	Jpmorgan Chase & Co Financial Services	Added	94,393	+9,776	$27,766,644	+1.8%	0.70%
NEE	Nextera Energy Inc Utilities	Added	295,428	+19,761	$27,439,352	+24.0%	0.70%
ABBV	AbbVie Inc. Healthcare	Reduced	125,114	-11,591	$27,211,043	−12.9%	0.69%
NFLX	Netflix Inc Communication Services	Added	274,664	+71,109	$26,408,943	+38.4%	0.67%
SUNC	SunocoCorp LLC Energy	Reduced	426,217	-1,204	$26,276,278	+24.7%	0.67%
XYL	Xylem Inc. Industrials	Reduced	208,173	-802	$24,876,673	−12.6%	0.63%
TRV	Travelers Companies, Inc. Financial Services	Added	82,173	+15,238	$23,968,220	+23.5%	0.61%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	165,656	+65,324	$23,927,352	+66.4%	0.61%
ADI	Analog Devices Inc Technology	Added	74,814	+1,689	$23,801,325	+20.0%	0.60%
SU	Suncor Energy Inc Energy	Added	355,830	+85,265	$23,523,921	+96.0%	0.60%
SLF	Sun Life Financial Inc Financial Services	Reduced	374,296	-68,537	$23,415,957	−15.3%	0.59%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	113,158	+7,304	$22,968,810	+28.0%	0.58%