Q3 2025 · 13F-HR
Lorne Steinberg Wealth Management Inc.holdings as filed
Filed 2025-10-31 · accession 0001851362-25-000006
$415.0M
Reported value
70
Positions
2025-09-30
Period end
The Brief · Lorne Steinberg Wealth Management Inc. · Q3 2025
AI · grounded in 13F
Lorne Steinberg Wealth Management Inc. established a new position in Royal Bank of Canada RY valued at $18.7M. The fund also initiated new stakes in Alphabet Inc. Class A GOOGL for $14.9M and Cdn Imperial Bank of Commerce CM for $14.7M. Other new additions include Microsoft Corp MSFT, Bank of Montreal BMO, and Toronto Dominion Bank TD. The fund ended the period with 70 positions and total AUM of $414.97M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 780087102 | RY | Royal Bank of Canada | $18.7M | 4.51% | 126,917 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc. Class A | $14.9M | 3.58% | 61,115 | Common | SOLE |
| 136069101 | CM | Cdn Imperial Bank of Commerce | $14.7M | 3.54% | 183,701 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $14.6M | 3.51% | 28,138 | Common | SOLE |
| 063671101 | BMO | Bank of Montreal | $12.7M | 3.06% | 97,377 | Common | SOLE |
| 891160509 | TD | Toronto Dominion Bank | $12.3M | 2.97% | 154,081 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co | $12.2M | 2.94% | 38,650 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway B | $11.6M | 2.79% | 23,026 | Common | SOLE |
| 064149107 | BNS | Bank of Nova Scotia | $11.2M | 2.70% | 173,477 | Common | SOLE |
| 020002101 | ALL | Allstate Corporation | $10.9M | 2.64% | 51,006 | Common | SOLE |
| 025816109 | AXP | American Express Co. | $10.8M | 2.61% | 32,569 | Common | SOLE |
| 87807B107 | TRP | TC Energy Corp. | $10.2M | 2.46% | 187,950 | Common | SOLE |
| 30303M102 | META | Meta Platforms | $10.0M | 2.42% | 13,673 | Common | SOLE |
| 023135106 | AMZN | Amazon.Com Inc | $10.0M | 2.40% | 45,428 | Common | SOLE |
| 285512109 | EA | Electronic Arts Inc | $9.9M | 2.39% | 49,260 | Common | SOLE |
| 83175M205 | SNN | Smith & Nephew PLC ADR | $9.6M | 2.31% | 264,320 | Common | SOLE |
| 92826C839 | V | Visa Inc. | $9.6M | 2.31% | 28,037 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor Mfg ADR | $8.3M | 1.99% | 29,548 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs | $8.2M | 1.98% | 10,309 | Common | SOLE |
| 126650100 | CVS | CVS Health Corporation | $8.2M | 1.98% | 108,844 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co. | $8.2M | 1.97% | 71,345 | Common | SOLE |
| 617446448 | MS | Morgan Stanley | $8.1M | 1.96% | 51,237 | Common | SOLE |
| 13646K108 | CP | Cdn Pacific KC Railway Ltd | $8.1M | 1.95% | 108,911 | Common | SOLE |
| 136375102 | CNI | Cdn National Railway | $7.8M | 1.89% | 83,095 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $7.6M | 1.84% | 111,793 | Common | SOLE |
| 22052L104 | CTVA | Corteva Inc. | $7.4M | 1.77% | 108,790 | Common | SOLE |
| 683715106 | OTEX | Open Text Corp | $7.2M | 1.74% | 193,233 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $7.1M | 1.72% | 104,125 | Common | SOLE |
| 866796105 | SLF | Sun Life Financial Inc. | $7.1M | 1.70% | 117,826 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $6.9M | 1.65% | 36,961 | Common | SOLE |
| 56501R106 | MFC | Manulife Financial Corp | $6.7M | 1.60% | 213,524 | Common | SOLE |
| 67077M108 | NTR | Nutrien Ltd | $6.3M | 1.51% | 106,996 | Common | SOLE |
| 92556V106 | VTRS | Viatris Inc | $6.2M | 1.50% | 629,411 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $6.0M | 1.44% | 70,406 | Common | SOLE |
| 87971M103 | TU | Telus Corp | $5.9M | 1.41% | 372,036 | Common | SOLE |
| 904767704 | — | Unilever PLC ADR | $5.8M | 1.39% | 97,596 | Common | SOLE |
| 25243Q205 | DEO | Diageo PLC ADR | $5.6M | 1.34% | 58,410 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Inc. | $5.3M | 1.27% | 14,892 | Common | SOLE |
| 075887109 | BDX | Becton Dickinson & Co | $5.2M | 1.24% | 27,528 | Common | SOLE |
| 892356106 | TSCO | Tractor Supply Co | $5.0M | 1.20% | 87,362 | Common | SOLE |
| 053015103 | ADP | Automatic Data Processing Inc. | $4.9M | 1.18% | 16,685 | Common | SOLE |
| 857477103 | STT | State Street Corp | $4.5M | 1.09% | 39,085 | Common | SOLE |
| 775109200 | RCI | Rogers Communications | $4.4M | 1.07% | 129,207 | Common | SOLE |
| 05534B760 | BCE | BCE Inc. | $4.4M | 1.05% | 188,042 | Common | SOLE |
| 037833100 | AAPL | Apple Inc. | $4.2M | 1.02% | 16,557 | Common | SOLE |
| 136385101 | CNQ | Cdn Natural Resources Ltd | $3.5M | 0.85% | 110,232 | Common | SOLE |
| 596278101 | MIDD | Middleby Corp | $3.2M | 0.77% | 23,950 | Common | SOLE |
| 49177J102 | KVUE | Kenvue Inc | $3.1M | 0.75% | 190,760 | Common | SOLE |
| 580135101 | MCD | McDonalds Corp | $2.9M | 0.70% | 9,551 | Common | SOLE |
| 500754106 | KHC | Kraft Heinz Company | $2.8M | 0.68% | 108,460 | Common | SOLE |
| G5494J103 | — | Linde PLC | $2.6M | 0.64% | 5,550 | Common | SOLE |
| 654106103 | NKE | Nike Inc.Cl B | $2.6M | 0.61% | 36,591 | Common | SOLE |
| 464288513 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | $2.1M | 0.51% | 25,940 | Common | SOLE |
| 78468R622 | JNK | SPDR Bloomberg Barclays High Yield Bond ETF | $1.2M | 0.30% | 12,510 | Common | SOLE |
| 464286392 | URTH | iShares MSCI World ETF | $997,491 | 0.24% | 5,494 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc. Class C | $784,962 | 0.19% | 3,223 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY CL A | $754,200 | 0.18% | 1 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Co | $545,545 | 0.13% | 715 | Common | SOLE |
| 67066G104 | NVDA | NVidia | $492,944 | 0.12% | 2,642 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Corp | $422,087 | 0.10% | 456 | Common | SOLE |
| 742718109 | PG | Procter and Gamble | $392,576 | 0.09% | 2,555 | Common | SOLE |
| V7780T103 | RCL | Royal Caribbean Cruises | $323,580 | 0.08% | 1,000 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corp | $298,114 | 0.07% | 1,060 | Common | SOLE |
| 456837103 | ING | ING Groep ADR | $267,320 | 0.06% | 10,250 | Common | SOLE |
| 58933Y105 | MRK | Merck & Company | $253,720 | 0.06% | 3,023 | Common | SOLE |
| 931142103 | WMT | Wal Mart Stores | $242,088 | 0.06% | 2,349 | Common | SOLE |
| 464286509 | EWC | iShares MSCI Canada ETF | $231,519 | 0.06% | 4,580 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $216,869 | 0.05% | 4,300 | Common | SOLE |
| 444859102 | HUM | Humana Inc. | $208,136 | 0.05% | 800 | Common | SOLE |
| 219350105 | GLW | Corning Inc. | $205,075 | 0.05% | 2,500 | 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.