Q2 2025 · 13F-HR
Lorne Steinberg Wealth Management Inc.holdings as filed
Filed 2025-07-30 · accession 0001851362-25-000004
$382.9M
Reported value
70
Positions
2025-06-30
Period end
The Brief · Lorne Steinberg Wealth Management Inc. · Q2 2025
AI · grounded in 13F
Lorne Steinberg Wealth Management Inc. established a new position in Royal Bank of Canada RY valued at $16.1M. The fund also initiated new stakes in Microsoft Corp MSFT for $14.2M and Cdn Imperial Bk of Commerce CM for $13M. Other new additions include Berkshire Hathaway B BRK/B at $11.2M and JPMorgan Chase & Co JPM at $11.2M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 780087102 | RY | Royal Bank of Canada | $16.1M | 4.20% | 121,904 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $14.2M | 3.70% | 28,504 | Common | SOLE |
| 136069101 | CM | Cdn Imperial Bk of Commerce | $13.0M | 3.38% | 180,597 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway B | $11.2M | 2.93% | 23,126 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co | $11.2M | 2.92% | 38,520 | Common | SOLE |
| 891160509 | TD | Toronto Dominion Bank | $11.0M | 2.87% | 149,177 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc. Class A | $10.7M | 2.79% | 60,555 | Common | SOLE |
| 025816109 | AXP | American Express Co. | $10.5M | 2.74% | 32,839 | Common | SOLE |
| 020002101 | ALL | Allstate Corporation | $10.4M | 2.72% | 51,726 | Common | SOLE |
| 063671101 | BMO | Bank of Montreal | $10.2M | 2.66% | 92,014 | Common | SOLE |
| 30303M102 | META | Meta Platforms | $10.1M | 2.63% | 13,634 | Common | SOLE |
| 92826C839 | V | Visa Inc. | $9.9M | 2.59% | 27,973 | Common | SOLE |
| 023135106 | AMZN | Amazon.Com Inc | $9.8M | 2.56% | 44,739 | Common | SOLE |
| 064149107 | BNS | Bank of Nova Scotia | $9.4M | 2.44% | 168,991 | Common | SOLE |
| 87807B107 | TRP | TC Energy Corp. | $9.0M | 2.34% | 183,456 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co. | $8.9M | 2.33% | 71,845 | Common | SOLE |
| 22052L104 | CTVA | Corteva Inc. | $8.2M | 2.15% | 110,370 | Common | SOLE |
| 83175M205 | SNN | Smith & Nephew PLC ADR | $8.0M | 2.10% | 262,440 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $7.9M | 2.05% | 113,293 | Common | SOLE |
| 13646K108 | CP | Cdn Pacific KC Railway Ltd | $7.9M | 2.05% | 98,771 | Common | SOLE |
| 285512109 | EA | Electronic Arts Inc | $7.8M | 2.04% | 48,820 | Common | SOLE |
| 866796105 | SLF | Sun Life Financial Inc. | $7.7M | 2.02% | 116,274 | Common | SOLE |
| 126650100 | CVS | CVS Health Corporation | $7.6M | 1.98% | 109,757 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs | $7.4M | 1.92% | 10,395 | Common | SOLE |
| 617446448 | MS | Morgan Stanley | $7.4M | 1.92% | 52,228 | Common | SOLE |
| 136375102 | CNI | Cdn National Railway | $7.0M | 1.83% | 67,380 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor Mfg ADR | $6.6M | 1.72% | 29,088 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $6.4M | 1.67% | 69,711 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $6.3M | 1.66% | 102,407 | Common | SOLE |
| 56501R106 | MFC | Manulife Financial Corp. | $6.1M | 1.60% | 191,895 | Common | SOLE |
| 904767704 | — | Unilever PLC ADR | $5.8M | 1.51% | 94,571 | Common | SOLE |
| 87971M996 | TCN | Telus Corp. | $5.7M | 1.48% | 351,935 | Common | SOLE |
| 25243Q205 | DEO | Diageo PLC ADR | $5.6M | 1.47% | 55,970 | Common | SOLE |
| 92556V106 | VTRS | Viatris Inc | $5.6M | 1.47% | 629,686 | Common | SOLE |
| 67077M108 | NTR | Nutrien Ltd | $5.5M | 1.45% | 95,021 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Inc. | $5.5M | 1.44% | 14,275 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $5.5M | 1.44% | 36,006 | Common | SOLE |
| 683715106 | OTEX | Open Text Corp | $4.9M | 1.29% | 168,298 | Common | SOLE |
| 075887109 | BDX | Becton Dickinson & Co | $4.7M | 1.23% | 27,313 | Common | SOLE |
| 892356106 | TSCO | Tractor Supply Co | $4.7M | 1.22% | 88,387 | Common | SOLE |
| 857477103 | STT | State Street Corp | $4.2M | 1.09% | 39,255 | Common | SOLE |
| 05534B760 | BCE | BCE Inc. | $4.0M | 1.05% | 180,623 | Common | SOLE |
| 49177J102 | KVUE | Kenvue Inc | $3.9M | 1.02% | 187,070 | Common | SOLE |
| 775109200 | RCI | Rogers Communications | $3.6M | 0.95% | 122,961 | Common | SOLE |
| 596278101 | MIDD | Middleby Corp | $3.5M | 0.92% | 24,335 | Common | SOLE |
| 037833100 | AAPL | Apple Inc. | $3.3M | 0.86% | 15,975 | Common | SOLE |
| 559222401 | MGA | Magna International Inc. | $3.2M | 0.85% | 84,009 | Common | SOLE |
| 500754106 | KHC | Kraft Heinz Company | $2.8M | 0.73% | 107,820 | Common | SOLE |
| 136385101 | CNQ | CDN Natural Resources LTD | $2.7M | 0.72% | 87,210 | Common | SOLE |
| 053015103 | ADP | Automatic Data Processing Inc. | $2.6M | 0.68% | 8,504 | Common | SOLE |
| 654106103 | NKE | Nike Inc.Cl B | $2.6M | 0.67% | 36,356 | Common | SOLE |
| 934423104 | WBD | Warner Bros. Discovery Inc. Class A | $2.5M | 0.67% | 222,397 | Common | SOLE |
| 464288513 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | $2.3M | 0.59% | 28,040 | Common | SOLE |
| 810186106 | SMG | Scotts Miracle-Gro Co. | $2.3M | 0.59% | 34,115 | Common | SOLE |
| 464286392 | URTH | iShares MSCI World ETF | $1.7M | 0.43% | 9,779 | Common | SOLE |
| 78468R622 | JNK | SPDR Bloomberg Barclays High Yield Bond ETF | $1.2M | 0.32% | 12,510 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY CL A | $728,800 | 0.19% | 1 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc. Class C | $588,047 | 0.15% | 3,315 | Common | SOLE |
| 15135U109 | CVE | Cenovus Energy Inc. | $496,113 | 0.13% | 36,433 | Common | SOLE |
| 67066G104 | NVDA | NVidia | $458,486 | 0.12% | 2,902 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Corp | $451,412 | 0.12% | 456 | Common | SOLE |
| 742718109 | PG | Procter and Gamble | $407,062 | 0.11% | 2,555 | Common | SOLE |
| 580135101 | MCD | McDonalds Corp | $364,335 | 0.10% | 1,247 | Common | SOLE |
| V7780T103 | RCL | Royal Caribbean Cruises | $313,140 | 0.08% | 1,000 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corp | $278,753 | 0.07% | 1,275 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Co | $245,551 | 0.06% | 315 | Common | SOLE |
| 931142103 | WMT | Wal Mart Stores | $234,085 | 0.06% | 2,394 | Common | SOLE |
| 97717W836 | DFJ | WisdomTree Japan SmallCap Dividend Fund | $231,886 | 0.06% | 2,706 | Common | SOLE |
| 456837103 | ING | ING Groep ADR | $224,167 | 0.06% | 10,250 | Common | SOLE |
| 58933Y105 | MRK | Merck & Company | $207,636 | 0.05% | 2,623 | 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.