Q3 2025 · 13F-HR
Cumberland Partners Ltdholdings as filed
Filed 2025-11-07 · accession 0001104659-25-108486
$1.53B
Reported value
162
Positions
2025-09-30
Period end
The Brief · Cumberland Partners Ltd · Q3 2025
AI · grounded in 13F
Cumberland Partners Ltd established a new position in MSFT valued at $93.8M. The fund also initiated new stakes in NVDA for $72.4M and META for $67.4M. Other new additions include WMT, RY, and AMZN.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $93.8M | 6.13% | 181,031 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $72.4M | 4.73% | 387,928 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $67.4M | 4.41% | 91,840 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $64.1M | 4.19% | 621,774 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $58.6M | 3.83% | 397,710 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $57.9M | 3.78% | 263,505 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $51.0M | 3.33% | 200,179 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $46.8M | 3.06% | 96,246 | Common | SOLE |
| 92826C839 | V | VISA INC | $46.6M | 3.04% | 136,471 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $44.1M | 2.88% | 117,926 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $41.6M | 2.72% | 170,934 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $40.1M | 2.62% | 43,303 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $38.2M | 2.50% | 115,922 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $34.7M | 2.27% | 72,996 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $34.2M | 2.24% | 60,149 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $28.7M | 1.87% | 385,255 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $27.0M | 1.76% | 133,918 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $25.9M | 1.69% | 106,655 | Common | SOLE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $25.6M | 1.67% | 82,593 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $24.6M | 1.61% | 60,820 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $24.3M | 1.59% | 31,875 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $19.5M | 1.27% | 82,212 | Common | SOLE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $19.3M | 1.26% | 179,406 | Common | SOLE |
| 064149107 | BNS | BANK NOVA SCOTIA HALIFAX | $18.9M | 1.23% | 292,060 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $18.9M | 1.23% | 152,417 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $18.4M | 1.20% | 53,222 | Common | SOLE |
| 85472N109 | STN | STANTEC INC | $17.4M | 1.14% | 161,734 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $15.4M | 1.01% | 183,472 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $12.6M | 0.82% | 67,815 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $11.1M | 0.72% | 39,702 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $10.9M | 0.71% | 123,003 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $10.2M | 0.67% | 44,232 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $10.1M | 0.66% | 91,271 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $10.0M | 0.66% | 61,950 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $9.6M | 0.63% | 125,161 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $9.4M | 0.61% | 137,305 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $8.9M | 0.58% | 29,565 | Common | SOLE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $8.8M | 0.57% | 44,670 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $8.7M | 0.57% | 109,173 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $8.4M | 0.55% | 242,460 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $8.1M | 0.53% | 10,661 | Common | SOLE |
| 58155Q103 | MCK | MCKESSON CORP | $8.1M | 0.53% | 10,440 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $7.8M | 0.51% | 16,981 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $7.5M | 0.49% | 65,088 | Common | SOLE |
| 09290D101 | BLK | BLACKROCK INC | $7.4M | 0.48% | 6,350 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $7.2M | 0.47% | 20,247 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $7.2M | 0.47% | 126,015 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $7.0M | 0.46% | 28,270 | Common | SOLE |
| 387437205 | GRTUF | GRANITE REAL ESTATE INVT TR | $6.9M | 0.45% | 124,410 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $6.5M | 0.42% | 376,705 | Common | SOLE |
| 33767E202 | FSV | FIRSTSERVICE CORP NEW | $6.4M | 0.42% | 33,780 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $6.2M | 0.40% | 31,525 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $5.9M | 0.38% | 60,000 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $5.8M | 0.38% | 2,500 | Common | SOLE |
| 03990B101 | ARES | ARES MANAGEMENT CORPORATION | $5.8M | 0.38% | 36,170 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $5.6M | 0.37% | 139,081 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $5.6M | 0.37% | 175,625 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $5.5M | 0.36% | 364,700 | Common | SOLE |
| 969904101 | WSM | WILLIAMS SONOMA INC | $5.5M | 0.36% | 28,060 | Common | SOLE |
| 461202103 | INTU | INTUIT | $5.4M | 0.36% | 7,965 | Common | SOLE |
| 249906108 | DSGX | DESCARTES SYS GROUP INC | $5.3M | 0.35% | 56,159 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $4.9M | 0.32% | 15,482 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $4.8M | 0.31% | 23,515 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $4.8M | 0.31% | 16,960 | Common | SOLE |
| 82889N657 | TUA | SIMPLIFY EXCHANGE TRADED FUN | $4.8M | 0.31% | 217,780 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $4.6M | 0.30% | 15,500 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $4.6M | 0.30% | 78,050 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $4.4M | 0.29% | 30,527 | Common | SOLE |
| 464289180 | EUFN | ISHARES TR | $4.4M | 0.29% | 127,435 | Common | SOLE |
| G25839104 | CCEP | COCA-COLA EUROPACIFIC PARTNE | $4.3M | 0.28% | 47,920 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $4.3M | 0.28% | 12,251 | Common | SOLE |
| 30212P303 | EXPE | EXPEDIA GROUP INC | $4.0M | 0.26% | 18,850 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $3.9M | 0.26% | 12,514 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $3.8M | 0.25% | 9,744 | Common | SOLE |
| 872590104 | TMUS | T-MOBILE US INC | $3.8M | 0.25% | 15,895 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $3.6M | 0.23% | 13,000 | Common | SOLE |
| G0403H108 | AON | AON PLC | $3.5M | 0.23% | 9,880 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $3.5M | 0.23% | 650 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $3.5M | 0.23% | 2,890 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $3.4M | 0.22% | 25,791 | Common | SOLE |
| 82889N699 | CTA | SIMPLIFY EXCHANGE TRADED FUN | $3.3M | 0.21% | 116,423 | Common | SOLE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $3.2M | 0.21% | 47,782 | Common | SOLE |
| 754730109 | RJF | RAYMOND JAMES FINL INC | $3.2M | 0.21% | 18,600 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $3.2M | 0.21% | 7,500 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $2.9M | 0.19% | 55,735 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $2.9M | 0.19% | 4,000 | Common | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $2.8M | 0.18% | 21,627 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $2.8M | 0.18% | 27,778 | Common | SOLE |
| 45784P101 | PODD | INSULET CORP | $2.8M | 0.18% | 9,000 | Common | SOLE |
| 34959E109 | FTNT | FORTINET INC | $2.7M | 0.18% | 32,500 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $2.7M | 0.18% | 2,500 | Common | SOLE |
| 852066208 | SII | SPROTT INC | $2.7M | 0.17% | 32,180 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $2.7M | 0.17% | 28,441 | Common | SOLE |
| 256746108 | DLTR | DOLLAR TREE INC | $2.6M | 0.17% | 27,500 | Common | SOLE |
| G93A5A101 | VIK | VIKING HOLDINGS LTD | $2.5M | 0.16% | 40,000 | Common | SOLE |
| 70432V102 | PAYC | PAYCOM SOFTWARE INC | $2.4M | 0.16% | 11,525 | Common | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $2.3M | 0.15% | 3,500 | Common | SOLE |
| 760759100 | RSG | REPUBLIC SVCS INC | $2.2M | 0.15% | 9,800 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $2.2M | 0.14% | 8,200 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $2.1M | 0.14% | 14,470 | Common | SOLE |
| 884903808 | TRI4EUR | THOMSON REUTERS CORP | $2.1M | 0.14% | 13,738 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $2.1M | 0.14% | 16,200 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $2.0M | 0.13% | 5,750 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $2.0M | 0.13% | 3,500 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $2.0M | 0.13% | 14,000 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $2.0M | 0.13% | 8,745 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $2.0M | 0.13% | 76,600 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $1.9M | 0.13% | 7,500 | Common | SOLE |
| 228368106 | CCK | CROWN HLDGS INC | $1.9M | 0.13% | 20,000 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $1.9M | 0.13% | 120,000 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $1.9M | 0.13% | 24,000 | Common | SOLE |
| 525327102 | LDOS | LEIDOS HOLDINGS INC | $1.9M | 0.12% | 10,000 | Common | SOLE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES INC | $1.8M | 0.12% | 6,500 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $1.8M | 0.12% | 20,000 | Common | SOLE |
| 464288638 | IGIB | ISHARES TR | $1.7M | 0.11% | 30,810 | Common | SOLE |
| 642045108 | AESI | ATLAS ENERGY SOLUTIONS INC | $1.6M | 0.11% | 144,900 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $1.6M | 0.10% | 7,500 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $1.6M | 0.10% | 2,250 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $1.6M | 0.10% | 15,000 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $1.5M | 0.10% | 22,500 | Common | SOLE |
| 464288646 | IGSB | ISHARES TR | $1.5M | 0.10% | 27,689 | Common | SOLE |
| 533900106 | LECO | LINCOLN ELEC HLDGS INC | $1.4M | 0.09% | 5,900 | Common | SOLE |
| G87110105 | FTI | TECHNIPFMC PLC | $1.4M | 0.09% | 35,000 | Common | SOLE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $1.3M | 0.08% | 17,475 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.2M | 0.08% | 4,250 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $1.2M | 0.08% | 60,300 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $1.2M | 0.08% | 17,535 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $1.1M | 0.07% | 6,150 | Common | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BANK OF CO | $1.1M | 0.07% | 13,250 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $1.0M | 0.07% | 50,000 | Common | SOLE |
| 46435G474 | FALN | ISHARES TR | $1.0M | 0.07% | 37,100 | Common | SOLE |
| 349553107 | FTS | FORTIS INC | $981,050 | 0.06% | 19,350 | Common | SOLE |
| 464288620 | USIG | ISHARES TR | $945,547 | 0.06% | 18,107 | Common | SOLE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $941,760 | 0.06% | 6,000 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $935,000 | 0.06% | 25,000 | Common | SOLE |
| 084423102 | WRB | BERKLEY W R CORP | $901,434 | 0.06% | 11,765 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $895,912 | 0.06% | 1,463 | Common | SOLE |
| 808524862 | SCHO | SCHWAB STRATEGIC TR | $878,424 | 0.06% | 36,001 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $797,616 | 0.05% | 10,440 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $731,565 | 0.05% | 14,504 | Common | SOLE |
| 88636R834 | BTGD | TIDAL TRUST II | $696,843 | 0.05% | 16,200 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $675,153 | 0.04% | 12,533 | Common | SOLE |
| 464288653 | TLH | ISHARES TR | $538,637 | 0.04% | 5,230 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $415,697 | 0.03% | 1,690 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $404,223 | 0.03% | 7,000 | Common | SOLE |
| 866796105 | SLF | SUN LIFE FINANCIAL INC. | $400,925 | 0.03% | 6,678 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $389,484 | 0.03% | 15,700 | Common | SOLE |
| 87971M103 | TU | TELUS CORPORATION | $382,040 | 0.02% | 24,264 | Common | SOLE |
| 78468R408 | SJNK | SPDR SERIES TRUST | $364,493 | 0.02% | 14,238 | Common | SOLE |
| 78467V608 | SRLN | SSGA ACTIVE ETF TR | $335,717 | 0.02% | 8,074 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $326,045 | 0.02% | 2,908 | Common | SOLE |
| G16234109 | — | BROOKFIELD BUSINESS PARTNERS | $318,038 | 0.02% | 9,700 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $317,583 | 0.02% | 8,500 | Common | SOLE |
| 76131D103 | QSR | RESTAURANT BRANDS INTL INC | $314,208 | 0.02% | 4,900 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $310,932 | 0.02% | 1,637 | Common | SOLE |
| 26923G822 | PFFA | ETFIS SER TR I | $310,062 | 0.02% | 14,282 | Common | SOLE |
| 697900108 | PAAS | PAN AMERN SILVER CORP | $309,876 | 0.02% | 8,000 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $260,400 | 0.02% | 745 | Common | SOLE |
| 78468R606 | SPHY | SPDR SERIES TRUST | $260,372 | 0.02% | 10,876 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $238,820 | 0.02% | 972 | Common | SOLE |
| 464288687 | PFF | ISHARES TR | $236,834 | 0.02% | 7,490 | Common | SOLE |
| 775109200 | RCI | ROGERS COMMUNICATIONS INC | $203,758 | 0.01% | 5,920 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.