Q2 2025 · 13F-HR
LINCLUDEN MANAGEMENT LTDholdings as filed
Filed 2025-07-25 · accession 0001140361-25-027283
$905,408
Reported value
77
Positions
2025-06-30
Period end
The Brief · LINCLUDEN MANAGEMENT LTD · Q2 2025
AI · grounded in 13F
LINCLUDEN MANAGEMENT LTD established a new position in TD valued at $73,569. The fund also initiated new stakes in RY for $65,271 and CNI for $43,419. Other new additions include TRP, BNS, and BCE. The fund ended the period with 77 positions and total AUM of $905,408.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 891160509 | TD | TORONTO DOMINION BK ONT | $73,569 | 8.13% | 1,001,139 | Common | SOLE |
| 780087102 | RY | ROYAL BANK OF CANADA | $65,271 | 7.21% | 495,708 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATIONAL RAILWAY CO | $43,419 | 4.80% | 417,087 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP. | $43,293 | 4.78% | 887,602 | Common | SOLE |
| 064149107 | BNS | BANK NOVA SCOTIA HALIFAX | $42,255 | 4.67% | 764,860 | Common | SOLE |
| 05534B760 | BCE | BCE INC | $41,161 | 4.55% | 1,857,687 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $36,558 | 4.04% | 591,215 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD. | $34,466 | 3.81% | 592,028 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP. | $32,257 | 3.56% | 859,879 | Common | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BANK OF COMMERCE | $30,718 | 3.39% | 433,144 | Common | SOLE |
| 87971M103 | TU | TELUS CORP. | $30,687 | 3.39% | 1,912,479 | Common | SOLE |
| 76131D103 | QSR | RESTAURANT BRANDS INTL INC. | $30,682 | 3.39% | 462,958 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP COM | $29,974 | 3.31% | 938,330 | Common | SOLE |
| 559222401 | MGA | MAGNA INTL INC | $27,850 | 3.08% | 721,107 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $23,497 | 2.60% | 748,302 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC | $22,664 | 2.50% | 605,589 | Common | SOLE |
| G16252101 | BIP | BROOKFIELD INFRASTRUCTURE PA | $19,307 | 2.13% | 576,851 | Common | SOLE |
| G16258108 | BEP | BROOKFIELD RENEWABLE PARTNERS LP | $16,900 | 1.87% | 663,452 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYSTEMS INC. | $13,341 | 1.47% | 192,283 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $11,469 | 1.27% | 52,460 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS | $11,057 | 1.22% | 255,529 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $10,025 | 1.11% | 413,558 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP. | $9,349 | 1.03% | 18,795 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP | $8,929 | 0.99% | 40,400 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC. | $8,788 | 0.97% | 49,869 | Common | SOLE |
| 33767E202 | FSV | FIRST SERVICE CORP | $7,579 | 0.84% | 43,470 | Common | SOLE |
| 313745101 | FRT | FEDERAL REALTY INVT TR | $7,469 | 0.82% | 78,625 | Common | SOLE |
| 902973304 | USB | US BANCORP | $6,619 | 0.73% | 146,272 | Common | SOLE |
| 060505104 | BAC | BANK OF AMERICA CORPORATION | $6,592 | 0.73% | 139,297 | Common | SOLE |
| 194693107 | CIGI | COLLIERS INTL GROUP INC. | $6,026 | 0.67% | 38,427 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC-SPONS ADR | $5,851 | 0.65% | 58,026 | Common | SOLE |
| 387437205 | GRTUF | GRANITE REAL ESTATE INVT TR | $5,692 | 0.63% | 112,144 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN & CHASE & CO COM | $5,563 | 0.61% | 19,190 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER | $5,526 | 0.61% | 13,628 | Common | SOLE |
| 12532H104 | GIB | CGI INC | $5,342 | 0.59% | 42,450 | Common | SOLE |
| 456837103 | ING | ING GROEP N V | $5,206 | 0.57% | 238,040 | Common | SOLE |
| 931142103 | WMT | WAL MART STORES INC | $5,152 | 0.57% | 52,685 | Common | SOLE |
| 437076102 | HD | HOME DEPOT | $5,090 | 0.56% | 13,883 | Common | SOLE |
| 46982L108 | J | JACOBS SOLUTIONS INC. | $4,864 | 0.54% | 37,002 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $4,814 | 0.53% | 38,821 | Common | SOLE |
| 74967R106 | RMR | RMR GROUP INC. | $4,742 | 0.52% | 290,000 | Common | SOLE |
| 22160K105 | COST | COSTCO WHOLESALE | $4,727 | 0.52% | 4,775 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $4,562 | 0.50% | 32,386 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC COM | $4,495 | 0.50% | 14,408 | Common | SOLE |
| 15135B101 | CNC | CENTENE CORP. DEL | $4,287 | 0.47% | 78,973 | Common | SOLE |
| 26875P101 | EOG | EOG RESOURCES | $3,973 | 0.44% | 33,220 | Common | SOLE |
| 172967424 | C | CITIGROUP INC. | $3,767 | 0.42% | 44,260 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC. | $3,636 | 0.40% | 23,650 | Common | SOLE |
| 684060106 | ORANY | ORANGE | $3,621 | 0.40% | 238,840 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC. | $3,458 | 0.38% | 7,391 | Common | SOLE |
| 219350105 | GLW | CORNING INC. | $3,386 | 0.37% | 64,379 | Common | SOLE |
| 371901109 | GNTX | GENTEX CORP. | $3,235 | 0.36% | 147,097 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $3,108 | 0.34% | 44,138 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $3,101 | 0.34% | 62,974 | Common | SOLE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $3,097 | 0.34% | 58,680 | Common | SOLE |
| 80108N105 | — | SANOFI SA | $3,062 | 0.34% | 63,392 | Common | SOLE |
| 133131102 | CPT | CAMDEN PROPERTY TRUST | $3,009 | 0.33% | 26,705 | Common | SOLE |
| 775109200 | RCI | ROGERS COMMUNICATIONS INC | $2,988 | 0.33% | 100,811 | Common | SOLE |
| 866674104 | SUI | SUN CMNTYS INC | $2,843 | 0.31% | 22,478 | Common | SOLE |
| 872540109 | TJX | TJX COMPANIES INC. | $2,820 | 0.31% | 22,835 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC. | $2,530 | 0.28% | 12,433 | Common | SOLE |
| 30225T102 | EXR | EXTRA SPACE STORAGE INC. | $2,476 | 0.27% | 16,794 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $2,382 | 0.26% | 62,020 | Common | SOLE |
| 88146M101 | TRNO | TERRENO REALTY CORP. | $2,313 | 0.26% | 41,251 | Common | SOLE |
| 501044101 | KR | KROGER CO | $2,196 | 0.24% | 30,610 | Common | SOLE |
| 11285B108 | BEPC | BROOKFIELD RENEWABLE | $2,063 | 0.23% | 63,008 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC. | $2,056 | 0.23% | 2,585 | Common | SOLE |
| 923725105 | VET | VERMILLION ENERGY INC | $2,031 | 0.22% | 278,465 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2,001 | 0.22% | 13,098 | Common | SOLE |
| 89151E109 | TTEN | TOTAL ENERGIES SE | $1,899 | 0.21% | 30,934 | Common | SOLE |
| 828806109 | SPG | SIMON PPTY GROUP NEW | $1,691 | 0.19% | 10,519 | Common | SOLE |
| 803054204 | SAP | SAP SE | $1,553 | 0.17% | 5,106 | Common | SOLE |
| 101121101 | BXP | BXP INC. | $1,433 | 0.16% | 21,246 | Common | SOLE |
| 03064D108 | COLD | AMERICOLD REALTY TRUST | $1,285 | 0.14% | 77,246 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC. | $323 | 0.04% | 19,800 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MGMT-A | $319 | 0.04% | 5,778 | Common | SOLE |
| G17434104 | BNT | BROOKFIELD WEALTH SOLUTIONS | $69 | 0.01% | 1,117 | 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.