BCV Asset Management Inc.

CIK

2110721

Location

WINNIPEG, A2

Portfolio Value

Mid $2,906,398,721

Diversification

Diversified

Filing Date

Global Rank

#769 / 8,232 ▲ 68

Top Industry

Banks - Diversified 13.6%

3Y Alpha vs SPY

-3.3%

Period ended 2 months ago

Filed May 8, 2026 · 36d

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jun 2026 · vs SPY

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

Cloned portfolio

+8.4%

SPY

+9.1%

Annualised alpha

-2.5%

Max drawdown

−8.9%

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

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

Top Position

5.2%

−0.7 pts

Top 5

19.7%

−2.3 pts

Top 10

34.0%

−3.0 pts

HHI

237

Diversified−20

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	24.1%	$701,587,354	18
Industrials	18.3%	$530,934,974	20
Technology	13.5%	$393,235,213	16
Healthcare	13.2%	$382,217,906	15
Energy	10.1%	$294,059,303	12
Consumer Cyclical	8.9%	$259,946,601	10
Communication Services	4.5%	$131,290,401	5
Real Estate	3.1%	$90,911,506	2
Utilities	2.8%	$82,739,070	7
Basic Materials	1.3%	$38,300,204	5
Consumer Defensive	0.0%	$752,354	2
Unclassified	0.0%	$423,835	1

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
MRVL	Marvell Technology, Inc.	+301,749	536,769	$53,166,969
HUM	Humana Inc	+141,614	397,685	$68,954,602
FSV	FirstService Corp	+134,089	504,115	$70,041,738
TRI	Thomson Reuters Corp /Can/	+125,431	427,356	$38,453,492
ENB	Enbridge Inc	+86,887	104,838	$5,675,929
BAC	Bank Of America Corp /De/	+75,879	871,905	$42,505,368
MFC	Manulife Financial Corp	+71,011	100,477	$3,460,427
TRP	Tc Energy Corp	+67,153	84,495	$5,289,387
BCE	Bce Inc	+56,676	133,557	$3,370,978
V	Visa Inc.	+54,038	204,487	$61,804,150
STN	Stantec Inc	+43,660	1,029,411	$88,941,110
WCN	Waste Connections, Inc.	+36,418	450,464	$73,173,372
BN	BROOKFIELD Corp /ON/	+33,104	3,722,896	$150,665,601
BGSI	Boyd Group Services Inc.	+21,382	298,328	$38,144,218
AMZN	Amazon Com Inc	+15,404	87,342	$18,190,718
SLF	Sun Life Financial Inc	+12,214	879,984	$55,051,799
CNI	Canadian National Railway Co	+12,196	306,755	$31,525,211
DHR	Danaher Corp /De/	+6,577	188,852	$35,806,339
TXN	Texas Instruments Inc	+6,095	311,934	$60,558,866
FTS	Fortis Inc.	+5,219	110,064	$6,140,470
ACN	Accenture plc	+4,316	208,310	$41,305,789
PLD	Prologis, Inc.	+4,316	157,889	$20,869,768
CP	Canadian Pacific Kansas City Ltd/Cn	+3,482	1,122,468	$88,293,332
MOH	Molina Healthcare, Inc.	+3,446	36,942	$4,924,368
AVY	Avery Dennison Corp	+3,400	179,155	$30,936,485
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
CNQ	Canadian Natural Resources Ltd	−800,954	1,689,724	$82,340,250
BNS	Bank Of Nova Scotia	−275,246	690,268	$47,842,475
AMAT	Applied Materials Inc /De	−80,503	215,189	$73,549,448
SU	Suncor Energy Inc	−68,181	483,208	$31,944,880
CM	Canadian Imperial Bank Of Commerce /Can/	−33,790	813,623	$77,090,779
CRH	Crh Public Ltd Co	−29,719	173,576	$18,246,309
BAM	Brookfield Asset Management Ltd.	−26,813	27,456	$1,220,419
PBA	Pembina Pipeline Corp	−21,180	1,592,388	$71,275,286
ASML	Asml Holding NV	−15,238	40,278	$53,200,390
NEE	Nextera Energy Inc	−13,290	677,050	$62,884,404
RY	Royal Bank Of Canada	−7,615	794,717	$128,569,316
GIL	Gildan Activewear Inc.	−7,223	1,494,591	$83,173,989
DE	Deere & Co	−6,816	111,501	$62,808,513
MGA	Magna International Inc	−6,249	964,056	$53,803,965
B	Barrick Mining Corp	−5,701	127,921	$5,217,897
AEM	Agnico Eagle Mines Ltd	−4,567	71,288	$14,470,038
BRK-B	Berkshire Hathaway Inc	−2,657	52,078	$24,955,777
UNH	Unitedhealth Group Inc	−2,308	155,355	$42,037,509
CSCO	Cisco Systems, Inc.	−1,799	22,240	$1,725,601
HCA	HCA Healthcare, Inc.	−1,746	122,609	$58,023,483
VOD	Vodafone Group Public Ltd Co	−1,000	146,881	$2,206,152
TJX	Tjx Companies Inc /De/	−82	165,152	$26,374,774
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CEG	Constellation Energy Corp	27,456	$7,667,088
TD	Toronto Dominion Bank	78,917	$7,363,745
AAPL	Apple Inc.	24,504	$6,218,870
SOBO	South Bow Corp	133,672	$4,453,951
ADI	Analog Devices Inc	9,426	$2,998,787
AXP	American Express Co	8,380	$2,534,782
JPM	Jpmorgan Chase & Co	6,982	$2,053,825
BEP	Brookfield Renewable Partners L.P.	60,718	$1,981,835
NVDA	Nvidia Corp	10,955	$1,910,552
DHI	Horton D R Inc /De/	9,525	$1,307,020
PSLV	Sprott Physical Silver Trust	47,750	$1,164,622
RTX	RTX Corp	5,700	$1,099,530
TU	Telus Corp	82,372	$1,056,832
FDX	Fedex Corp	2,660	$947,438
GD	General Dynamics Corp	2,570	$882,075
TFII	TFI International Inc.	7,996	$868,605
COST	Costco Wholesale Corp /New	717	$714,440
AQN	Algonquin Power & Utilities Corp.	100,769	$618,721
PLAB	Photronics Inc	13,400	$541,494
TT	Trane Technologies plc	1,083	$451,329
IMO	Imperial Oil Ltd	3,393	$443,872
GLD	Spdr Gold Trust	985	$423,835
EMA	Emera Inc	7,908	$410,187
JNJ	Johnson & Johnson	1,633	$399,170
SHEL	Shell plc	3,790	$352,470
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
TMUS	T-Mobile US, Inc.	9,000	$1,827,360
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

113 positions · $2,906,398,721 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 113 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BN	BROOKFIELD Corp /ON/ Financial Services	Added	3,722,896	+33,104	$150,665,601	−11.0%	5.18%
RY	Royal Bank Of Canada Financial Services	Reduced	794,717	-7,615	$128,569,316	−6.0%	4.42%
GOOGL	Alphabet Inc. Communication Services	Added	405,898	+992	$116,720,028	−7.9%	4.02%
STN	Stantec Inc Industrials	Added	1,029,411	+43,660	$88,941,110	−4.4%	3.06%
BMO	Bank Of Montreal /Can/ Financial Services	Added	655,741	+1,004	$88,747,986	+4.4%	3.05%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	1,122,468	+3,482	$88,293,332	+7.2%	3.04%
MSFT	Microsoft Corp Technology	Added	224,856	+2,113	$83,234,945	−22.7%	2.86%
GIL	Gildan Activewear Inc. Consumer Cyclical	Reduced	1,494,591	-7,223	$83,173,989	−11.3%	2.86%
CNQ	Canadian Natural Resources Ltd Energy	Reduced	1,689,724	-800,954	$82,340,250	−2.3%	2.83%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	Reduced	813,623	-33,790	$77,090,779	+0.4%	2.65%
SUNC	SunocoCorp LLC Energy	Added	1,243,518	+3,339	$76,662,884	+25.4%	2.64%
LLY	ELI LILLY & Co Healthcare	Added	82,923	+983	$76,270,087	−13.4%	2.62%
AMAT	Applied Materials Inc /De Technology	Reduced	215,189	-80,503	$73,549,448	−3.2%	2.53%
WCN	Waste Connections, Inc. Industrials	Added	450,464	+36,418	$73,173,372	+0.8%	2.52%
ABBV	AbbVie Inc. Healthcare	Added	335,274	+630	$72,918,742	−4.6%	2.51%
PBA	Pembina Pipeline Corp Energy	Reduced	1,592,388	-21,180	$71,275,286	+16.1%	2.45%
FSV	FirstService Corp Real Estate	Added	504,115	+134,089	$70,041,738	+21.7%	2.41%
HUM	Humana Inc Healthcare	Added	397,685	+141,614	$68,954,602	+5.1%	2.37%
UNP	Union Pacific Corp Industrials	Added	283,070	+2,286	$68,678,443	+5.7%	2.36%
NEE	Nextera Energy Inc Utilities	Reduced	677,050	-13,290	$62,884,404	+13.5%	2.16%
DE	Deere & Co Industrials	Reduced	111,501	-6,816	$62,808,513	+14.0%	2.16%
V	Visa Inc. Financial Services	Added	204,487	+54,038	$61,804,150	+17.1%	2.13%
TXN	Texas Instruments Inc Technology	Added	311,934	+6,095	$60,558,866	+14.1%	2.08%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	122,609	-1,746	$58,023,483	−0.1%	2.00%
SLF	Sun Life Financial Inc Financial Services	Added	879,984	+12,214	$55,051,799	+1.7%	1.89%
MGA	Magna International Inc Consumer Cyclical	Reduced	964,056	-6,249	$53,803,965	+4.0%	1.85%
ASML	Asml Holding NV Technology	Reduced	40,278	-15,238	$53,200,390	−10.4%	1.83%
MRVL	Marvell Technology, Inc. Technology	Added	536,769	+301,749	$53,166,969	+166.2%	1.83%
BNS	Bank Of Nova Scotia Financial Services	Reduced	690,268	-275,246	$47,842,475	−32.8%	1.65%
BAC	Bank Of America Corp /De/ Financial Services	Added	871,905	+75,879	$42,505,368	−2.9%	1.46%
UNH	Unitedhealth Group Inc Healthcare	Reduced	155,355	-2,308	$42,037,509	−19.2%	1.45%
ACN	Accenture plc Technology	Added	208,310	+4,316	$41,305,789	−24.5%	1.42%
TRI	Thomson Reuters Corp /Can/ Industrials	Added	427,356	+125,431	$38,453,492	−3.4%	1.32%
BGSI	Boyd Group Services Inc. Consumer Cyclical	Added	298,328	+21,382	$38,144,218	−13.5%	1.31%
DHR	Danaher Corp /De/ Healthcare	Added	188,852	+6,577	$35,806,339	−14.2%	1.23%
SU	Suncor Energy Inc Energy	Reduced	483,208	-68,181	$31,944,880	+30.6%	1.10%
CNI	Canadian National Railway Co Industrials	Added	306,755	+12,196	$31,525,211	+8.3%	1.08%
AVY	Avery Dennison Corp Consumer Cyclical	Added	179,155	+3,400	$30,936,485	−3.2%	1.06%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	165,152	-82	$26,374,774	+3.9%	0.91%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	52,078	-2,657	$24,955,777	−9.3%	0.86%
PLD	Prologis, Inc. Real Estate	Added	157,889	+4,316	$20,869,768	+6.5%	0.72%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	37,136	+1,130	$18,253,458	−12.5%	0.63%
CRH	Crh Public Ltd Co Basic Materials	Reduced	173,576	-29,719	$18,246,309	−28.1%	0.63%
AMZN	Amazon Com Inc Consumer Cyclical	Added	87,342	+15,404	$18,190,718	+9.6%	0.63%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	77,864	+210	$18,162,556	+5.1%	0.62%
EME	EMCOR Group, Inc. Industrials	Added	21,678	+162	$16,005,084	+21.6%	0.55%
ODFL	Old Dominion Freight Line, Inc. Industrials	Added	75,137	+171	$14,681,769	+24.9%	0.51%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	71,288	-4,567	$14,470,038	+12.5%	0.50%
SNPS	Synopsys Inc Technology	Added	35,500	+335	$14,075,040	−14.8%	0.48%
OC	Owens Corning Industrials	Added	106,485	+436	$11,523,806	−2.9%	0.40%