Credential Qtrade Securities Inc.

Broker-Dealer

CIK

2077908

Location

VANCOUVER, A1

Portfolio Value

Mid $1,653,944,852

Diversification

Diversified

Filing Date

Global Rank

#1,124 / 7,302 ▲ 19 · as of Mar 2024

Top Industry

Banks - Diversified 16.0%

3Y Alpha vs SPY

-9.2%

Period ended 2 years ago

Filed Jul 21, 2025 · 12mo

17 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+39.4%

SPY

+76.5%

Annualised alpha

-9.1%

Max drawdown

−13.4%

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

336 positions · as of Mar 31, 2024 · Δ vs Dec 31, 2023

Top Position

7.8%

−1.2 pts

Top 5

26.0%

−0.7 pts

Top 10

43.0%

−0.7 pts

HHI

287

Diversified−12

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2024

Sector	% Portfolio	Value	Positions
Financial Services	25.9%	$427,677,278	54
Industrials	15.4%	$254,247,115	57
Healthcare	12.7%	$209,900,894	39
Technology	11.9%	$197,507,466	46
Consumer Cyclical	8.7%	$144,378,575	28
Energy	8.1%	$133,626,661	22
Consumer Defensive	5.5%	$91,268,789	18
Basic Materials	4.8%	$78,989,102	26
Communication Services	4.7%	$77,913,092	19
Unclassified	1.3%	$20,791,244	6
Utilities	0.6%	$10,372,292	13
Real Estate	0.4%	$7,272,344	8

Last Quarter's Activity

Export CSV

Mar 31, 2024 vs Dec 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BMO	Bank Of Montreal /Can/	+145,631	950,068	$92,802,642
QSR	Restaurant Brands International Inc.	+84,212	863,776	$68,627,003
ENB	Enbridge Inc	+63,257	1,396,833	$50,537,417
BN	BROOKFIELD Corp /ON/	+58,761	1,360,726	$37,982,353
IQV	Iqvia Holdings Inc.	+50,429	116,414	$29,439,936
TD	Toronto Dominion Bank	+48,931	2,124,259	$128,262,758
RCI	Rogers Communications Inc	+39,409	1,021,201	$41,869,241
TJX	Tjx Companies Inc /De/	+33,875	52,580	$5,332,663
BALL	BALL Corp	+32,291	646,018	$43,515,772
PEP	Pepsico Inc	+31,997	200,722	$35,128,357
PFE	Pfizer Inc	+28,510	28,926	$802,696
SPY	Spdr S&P 500 ETF Trust	+22,655	35,736	$18,692,429
GIB	Cgi Inc	+20,982	543,731	$60,076,838
WCN	Waste Connections, Inc.	+20,348	46,798	$8,049,723
VOD	Vodafone Group Public Ltd Co	+20,250	130,250	$1,159,225
GPN	Global Payments Inc	+18,648	327,139	$43,725,398
DVN	Devon Energy Corp/De	+18,047	18,700	$938,366
MIDD	MIDDLEBY Corp	+15,902	286,800	$46,114,572
SAP	Sap SE	+14,840	338,580	$66,033,257
V	Visa Inc.	+14,709	258,217	$72,063,200
SU	Suncor Energy Inc	+14,687	122,993	$4,539,671
NEE	Nextera Energy Inc	+13,640	13,678	$874,160
DEO	Diageo PLC	+13,404	216,864	$32,256,351
MCD	Mcdonalds Corp	+13,081	21,453	$6,048,673
BNS	Bank Of Nova Scotia	+12,871	305,240	$15,805,327
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TU	Telus Corp	−259,125	333,247	$5,335,284
NKE	NIKE, Inc.	−35,899	14,704	$1,381,881
ZTS	Zoetis Inc.	−32,059	1,950	$329,959
FNV	FRANCO NEVADA Corp	−23,237	84,790	$10,103,576
ECL	Ecolab Inc.	−20,500	23	$5,310
AON	Aon plc	−15,763	2,518	$840,306
CNQ	CANADIAN NATURAL RESOURCES Ltd	−15,156	1,283,500	$48,978,360
CME	Cme Group Inc.	−14,687	18,964	$4,082,759
ORCL	Oracle Corp	−14,441	10,346	$1,299,561
AEM	Agnico Eagle Mines Ltd	−11,710	43,809	$2,613,206
TRI	Thomson Reuters Corp /Can/	−9,276	71,279	$11,107,406
STN	Stantec Inc	−7,400	26,341	$2,187,356
ATS	ATS Corp /ATS	−6,605	52,296	$1,763,421
SHOP	Shopify Inc.	−6,382	17,345	$1,338,513
BLCO	Bausch & Lomb Corp	−6,191	30,840	$533,532
BAM	Brookfield Asset Management Ltd.	−5,400	24,489	$1,029,027
AMZN	Amazon Com Inc	−5,237	36,875	$6,651,512
DHR	Danaher Corp /De/	−4,402	31,953	$7,979,303
UPS	United Parcel Service Inc	−4,305	1,020	$151,602
AX	Axos Financial, Inc.	−3,744	17,297	$934,729
INTU	Intuit Inc.	−2,773	1,089	$707,850
PYPL	PayPal Holdings, Inc.	−2,501	5,952	$398,724
MSFT	Microsoft Corp	−2,075	66,786	$28,098,205
CBOE	Cboe Global Markets, Inc.	−2,036	2,196	$403,471
OZK	Bank OZK	−1,967	20,645	$938,521
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
OTIS	Otis Worldwide Corp	42,946	$4,263,249
PEG	Public Service Enterprise Group Inc	14,045	$937,925
HPE	Hewlett Packard Enterprise Co	52,670	$933,839
BMY	Bristol Myers Squibb Co	16,680	$904,556
XEL	Xcel Energy Inc	16,140	$867,525
NI	Nisource Inc.	30,730	$849,991
AAL	American Airlines Group Inc.	53,410	$819,843
ON	On Semiconductor Corp	11,120	$817,876
HSY	Hershey Co	4,130	$803,285
FDX	Fedex Corp	3,300	$770,460
SITE	SiteOne Landscape Supply, Inc.	3,833	$669,050
EFX	Equifax Inc	1,868	$499,727
TRU	TransUnion	4,838	$386,072
QQQ	Invesco Qqq Trust, Series 1	413	$183,376
RTO	Rentokil Initial PLC /Fi	4,089	$123,283
CRH	Crh Public Ltd Co	1,082	$93,333
STM	STMicroelectronics N.V.	2,037	$88,079
CEF	Sprott Physical Gold & Silver Trust	275	$5,593
APO	Apollo Global Management, Inc.	22	$2,473
KHC	Kraft Heinz Co	61	$2,250
XPO	XPO, Inc.	11	$1,342
GM	General Motors Co	26	$1,179
GXO	GXO Logistics, Inc.	11	$591
BTE	Baytex Energy Corp.	155	$562
ELVA	Electrovaya Inc.	112	$409
No positions match the current search.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
NYT	New York Times Co	22,381	$1,096,445
EPD	Enterprise Products Partners L.P.	28,540	$752,029
HSBC	Hsbc Holdings PLC	7,228	$293,023
BABA	Alibaba Group Holding Ltd	1,250	$96,887
SPG	Simon Property Group Inc.	674	$96,139
ETN	Eaton Corp plc	80	$19,265
MPC	Marathon Petroleum Corp	102	$15,132
MCK	Mckesson Corp	23	$10,648
NSP	Insperity, Inc.	82	$9,612
DRI	Darden Restaurants Inc	56	$9,200
HHH	Howard Hughes Holdings Inc.	88	$7,176
BA	Boeing Co	21	$5,473
USO	United States Oil Fund, LP	80	$5,332
JCI	Johnson Controls International plc	81	$4,668
XYZ	Block, Inc.	50	$3,867
BBY	Best Buy Co Inc	49	$3,835
SMFG	Sumitomo Mitsui Financial Group, Inc.	210	$2,032
BIDU	Baidu, Inc.	8	$952
VET	Vermilion Energy Inc.	57	$687
ITRG	Integra Resources Corp.	128	$135
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

336 positions · $1,653,944,852 total · as of Mar 31, 2024

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

Showing 1–50 of 336 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TD	Toronto Dominion Bank Financial Services	Added	2,124,259	+48,931	$128,262,758	−4.4%	7.75%
BMO	Bank Of Montreal /Can/ Financial Services	Added	950,068	+145,631	$92,802,642	+16.6%	5.61%
V	Visa Inc. Financial Services	Added	258,217	+14,709	$72,063,200	+13.7%	4.36%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Added	863,776	+84,212	$68,627,003	+12.7%	4.15%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	770,157	+9,991	$67,904,742	+13.0%	4.11%
SAP	Sap SE Technology	Added	338,580	+14,840	$66,033,257	+31.9%	3.99%
GIB	Cgi Inc Technology	Added	543,731	+20,982	$60,076,838	+7.2%	3.63%
UNH	Unitedhealth Group Inc Healthcare	Added	110,783	+7,161	$54,804,350	+0.5%	3.31%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	87,242	+3,081	$50,705,922	+13.5%	3.07%
ENB	Enbridge Inc Energy	Added	1,396,833	+63,257	$50,537,417	+5.2%	3.06%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	1,283,500	-15,156	$48,978,360	+15.1%	2.96%
LIN	Linde PLC Basic Materials	Added	104,149	+5,849	$48,358,463	+19.8%	2.92%
MIDD	MIDDLEBY Corp Industrials	Added	286,800	+15,902	$46,114,572	+15.7%	2.79%
GPN	Global Payments Inc Industrials	Added	327,139	+18,648	$43,725,398	+11.6%	2.64%
BALL	BALL Corp Consumer Cyclical	Added	646,018	+32,291	$43,515,772	+23.3%	2.63%
RCI	Rogers Communications Inc Communication Services	Added	1,021,201	+39,409	$41,869,241	−8.9%	2.53%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	1,360,726	+58,761	$37,982,353	+9.1%	2.30%
PEP	Pepsico Inc Consumer Defensive	Added	200,722	+31,997	$35,128,357	+22.6%	2.12%
RMD	Resmed Inc Healthcare	Added	167,465	+9,292	$33,163,093	+21.9%	2.01%
DEO	Diageo PLC Consumer Defensive	Added	216,864	+13,404	$32,256,351	+8.8%	1.95%
CNI	Canadian National Railway Co Industrials	Reduced	231,280	-1,660	$30,461,888	+4.1%	1.84%
IQV	Iqvia Holdings Inc. Healthcare	Added	116,414	+50,429	$29,439,936	+92.8%	1.78%
MSFT	Microsoft Corp Technology	Reduced	66,786	-2,075	$28,098,205	+8.5%	1.70%
RY	Royal Bank Of Canada Financial Services	Added	190,275	+6,725	$19,194,942	+3.4%	1.16%
SPY	Spdr S&P 500 ETF Trust	Added	35,736	+22,655	$18,692,429	+200.6%	1.13%
BNS	Bank Of Nova Scotia Financial Services	Added	305,240	+12,871	$15,805,327	+11.0%	0.96%
GOOGL	Alphabet Inc. Communication Services	Added	88,520	+3,548	$13,360,323	+12.6%	0.81%
TRP	Tc Energy Corp Energy	Added	304,881	+1,486	$12,256,216	+3.3%	0.74%
TRI	Thomson Reuters Corp /Can/ Industrials	Reduced	71,279	-9,276	$11,107,406	−5.7%	0.67%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	14,861	+8,077	$10,887,614	+143.1%	0.66%
AAPL	Apple Inc. Technology	Added	60,956	+865	$10,452,734	−9.7%	0.63%
FNV	FRANCO NEVADA Corp Basic Materials	Reduced	84,790	-23,237	$10,103,576	−15.6%	0.61%
BCE	Bce Inc Communication Services	Added	238,953	+1,940	$8,119,622	−13.0%	0.49%
WCN	Waste Connections, Inc. Industrials	Added	46,798	+20,348	$8,049,723	+103.9%	0.49%
DHR	Danaher Corp /De/ Healthcare	Reduced	31,953	-4,402	$7,979,303	−5.1%	0.48%
SPGI	S&P Global Inc. Financial Services	Reduced	18,209	-1,167	$7,329,251	−9.2%	0.44%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	36,875	-5,237	$6,651,512	+4.0%	0.40%
NTR	Nutrien Ltd. Basic Materials	Added	121,698	+8,082	$6,609,418	+3.3%	0.40%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	47,194	+567	$6,485,871	+8.3%	0.39%
JNJ	Johnson & Johnson Healthcare	Added	40,222	+1,801	$6,362,718	+5.7%	0.38%
MA	Mastercard Inc Financial Services	Added	13,075	+246	$6,296,527	+15.1%	0.38%
MCD	Mcdonalds Corp Consumer Cyclical	Added	21,453	+13,081	$6,048,673	+143.7%	0.37%
TFII	TFI International Inc. Industrials	Reduced	36,983	-1,184	$5,897,309	+13.6%	0.36%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	13,462	+584	$5,661,040	+23.3%	0.34%
RBA	Rb Global Inc. Industrials	Added	71,613	+3,299	$5,454,762	+19.4%	0.33%
TU	Telus Corp Communication Services	Reduced	333,247	-259,125	$5,335,284	−49.4%	0.32%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	52,580	+33,875	$5,332,663	+203.9%	0.32%
SLF	Sun Life Financial Inc Financial Services	Reduced	93,683	-48	$5,113,218	+5.2%	0.31%
MFC	Manulife Financial Corp Financial Services	Added	198,118	+12,383	$4,950,968	+20.6%	0.30%
SU	Suncor Energy Inc Energy	Added	122,993	+14,687	$4,539,671	+30.8%	0.27%