Davis-rea LTD. Investment Portfolio — 13F Data

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$383.7M

Reporting period: 2026-03-31 · Number of holdings: 54

DAVIS-REA LTD. disclosed 54 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $383.7M and a quarterly turnover rate of 22.5%.

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Personality snowflake

Concentration: 14.41
Portfolio Stability: 22.46
Momentum/Contrarian: 100
Sector conviction: 65.38
Diversification: 100
Sizing Uniformity: 90.18

Recent moves

Trim ACN
-76.0%　-$8.2M
Add NFLX
+174.2%　$6.8M
Add JPM
+23.3%　$3.5M
Trim META
-10.3%　-$5.5M
Trim AMZN
-9.9%　-$4.3M
Trim ROP
-66.7%　-$3.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	JPM	Jpmorgan Chase & Co	Stock-Financials	8.22%	+1.21%	+23.34%
2	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	7.66%	-0.74%	-4.67%
3	MSFT	Microsoft CORP	Stock-Tech	5.96%	+0.60%	+39.36%
4	META	Meta Platforms Inc-class A	Stock-Comm Services	5.01%	-1.18%	-10.28%
5	AMZN	Amazon.com INC	Stock-Consumer Disc	4.92%	-0.89%	-9.85%
6	BAC	Bank Of America CORP	Stock-Financials	3.76%	+0.03%	+9.10%
7	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	3.61%	-0.39%	+2.37%
8	PNC	Pnc Financial Services Group	Stock-Financials	3.46%	+0.19%	+1.87%
9	NET	Cloudflare INC - Class A	Stock-Tech	3.41%	-0.12%	-11.45%
10	RY	Royal Bank Of Canada	Stock-Financials	3.23%	-0.22%	-5.02%
11	SYK	Stryker CORP	Stock-Healthcare	3.03%	-0.06%	+0.64%
12	TRI4EUR	Thomson Reuters CORP	Stock-Other	2.96%	+2.96%	NEW
13	SNPS	Synopsys INC	Stock-Tech	2.92%	-0.71%	-8.58%
14	NFLX	Netflix INC	Stock-Comm Services	2.77%	+1.82%	+174.23%
15	FTS	Fortis INC	Stock-Utilities	2.32%	+0.17%	-3.08%
16	CHTR	Charter Communications Inc-a	Stock-Comm Services	2.19%	+0.24%	+4.15%
17	TD	Toronto-dominion Bank	Stock-Financials	1.79%	-0.10%	-8.07%
18	MCD	Mcdonald's CORP	Stock-Consumer Disc	1.76%	+0.12%	+1.78%
19	SHOP	Shopify INC - Class A	Stock-Tech	1.74%	+1.74%	NEW
20	BN	Brookfield CORP	Stock-Financials	1.65%	-0.11%	+2.09%
21	ENB	Enbridge INC	Stock-Energy	1.49%	+0.21%	-0.79%
22	RTX	Rtx CORP	Stock-Industrials	1.46%	—	-7.06%
23	AAPL	Apple INC	Stock-Tech	1.43%	-0.02%	+1.50%
24	JNJ	Johnson & Johnson	Stock-Healthcare	1.41%	+0.19%	-6.18%
25	LIN	Linde plc	Stock-Materials	1.41%	+0.27%	+2.13%
26	V	Visa Inc-class A Shares	Stock-Financials	1.39%	-0.13%	+2.00%
27	CB	Chubb Limited	Stock-Financials	1.38%	+0.10%	-0.51%
28	BNS	Bank Of Nova Scotia	Stock-Financials	1.36%	-0.13%	-6.60%
29	PBA	Pembina Pipeline CORP	Stock-Energy	1.36%	+0.24%	-0.67%
30	CNI	Canadian Natl Railway Co	Stock-Industrials	1.27%	+0.16%	+6.21%
31	HD	Home Depot INC	Stock-Consumer Disc	1.23%	-0.73%	-37.05%
32	BEP	Brookfield Renewable Partners L.P.	Stock-Other	1.18%	+0.21%	-2.65%
33	SPGI	S&p Global INC	Stock-Financials	1.10%	-0.07%	+10.49%
34	ABT	Abbott Laboratories	Stock-Healthcare	1.09%	-0.05%	+11.72%
35	OTIS	Otis Worldwide CORP	Stock-Industrials	1.05%	+0.01%	+9.79%
36	XYL	Xylem INC	Stock-Industrials	1.01%	-0.02%	+7.77%
37	DIS	Walt Disney Co/the	Stock-Comm Services	0.94%	-0.01%	+11.49%
38	CTAS	Cintas CORP	Stock-Industrials	0.94%	+0.08%	+16.36%
39	GIB	Cgi INC	Stock-Tech	0.86%	-0.12%	+7.64%
40	UL	Unilever Plc-sponsored Adr	Stock-Consumer Staples	0.85%	—	+17.29%
41	ZTS	Zoetis INC	Stock-Healthcare	0.85%	—	+7.10%
42	ROK	Rockwell Automation INC	Stock-Industrials	0.52%	-0.03%	—
43	ACN	Accenture plc	Stock-Tech	0.46%	-2.02%	-76.02%
44	DHR	Danaher CORP	Stock-Healthcare	0.45%	-0.25%	-26.81%
45	ROP	Roper Technologies INC	Stock-Tech	0.30%	-0.78%	-66.75%
46	BIP	Brookfield Infrastructure Partners L.P.	Stock-Utilities	0.18%	-0.43%	-72.10%
47	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.15%	—	-3.16%
48	BMO	Bank Of Montreal	Stock-Financials	0.13%	—	-1.97%
49	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.12%	—	-4.87%
50	NEM	Newmont CORP	Stock-Materials	0.10%	—	-2.73%

1–50 of 54

Portfolio Performance

Performance for Q3 2026

+3.6%

Performance Last 4 Quarters

+13.4%

Based on 78% of reported portfolio value with available pricing

Stdev: +15%
Beta: +1.01
Alpha: -0.4%
Max Drawdown: -13.9%
Annualized Perf: +18.5%
Batting Avg vs S&P: +52.8%
Sortino: +2.4
Stutzer: +0.36
Treynor: +0.18
Sterling: +0.96
Calmar: +1.33
Information Ratio: -0.04
Tracking Error: +7.2%
Stdev Down: +7.6%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +39.4%
Worst 12 Months: +9.2%
Efficiency Ratio: +0.5
Sharpe: +1.21
Stdev Sectors: +9.2%
Skewness: +0.12
Kurtosis: -0.37
Upside Potential: +4.1

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	54	$383.7M	22	1JPM 2GOOGL 3MSFT Top holdings2026-03-31 1.JPM 2.GOOGL 3.MSFT 4.META 5.AMZN 6.BAC 7.TMO 8.PNC 9.NET 10.RY
2025-12-31	56	$399.5M	19	1GOOGL 2JPM 3META Top holdings2025-12-31 1.GOOGL 2.JPM 3.META 4.AMZN 5.MSFT 6.TMO 7.BAC 8.SNPS 9.NET 10.RY
2025-09-30	58	$412.0M	32	1GOOGL 2AMZN 3META Top holdings2025-09-30 1.GOOGL 2.AMZN 3.META 4.JPM 5.MSFT 6.TMO 7.SNPS 8.BAC 9.NET 10.SYK
2025-06-30	60	$403.0M	0	1META 2GOOGL 3AMZN Top holdings2025-06-30 1.META 2.GOOGL 3.AMZN 4.JPM 5.MSFT 6.TMO 7.SYK 8.AAPL 9.BAC 10.SNPS
2025-03-31	51	$375.5M	100	1META 2GOOGL 3MSFT Top holdings2025-03-31 1.META 2.GOOGL 3.MSFT 4.AMZN 5.JPM 6.TMO 7.SYK 8.UNH 9.BAC 10.RY
2024-12-31	31	$197.6M	0	1META 2AMZN 3TMO Top holdings2024-12-31 1.META 2.AMZN 3.TMO 4.SNPS 5.UNH 6.NET 7.GOOGL 8.SYK 9.JPM 10.ACN
2024-09-30	38	$229.8M	0	1AMZN 2META 3SNPS Top holdings2024-09-30 1.AMZN 2.META 3.SNPS 4.GOOGL 5.NFLX 6.ACN 7.NET 8.SYK 9.MSFT 10.UNH
2024-06-30	34	$200.0M	0	1AMZN 2META 3GOOGL Top holdings2024-06-30 1.AMZN 2.META 3.GOOGL 4.MCD 5.MSFT 6.SYK 7.ACN 8.NET 9.TMO 10.UNH
2024-03-31	35	$219.6M	0	1AMZN 2GOOGL 3META Top holdings2024-03-31 1.AMZN 2.GOOGL 3.META 4.ACN 5.MSFT 6.TLT 7.SYK 8.BAC 9.TMO 10.UNH
2023-12-31	36	$195.4M	0	1AMZN 2MSFT 3META Top holdings2023-12-31 1.AMZN 2.MSFT 3.META 4.GOOGL 5.SYK 6.TMO 7.ROK 8.MCD 9.SNPS 10.ACN
2023-09-30	40	$184.4M	0	1AMZN 2META 3MSFT Top holdings2023-09-30 1.AMZN 2.META 3.MSFT 4.GOOGL 5.ROK 6.UNH 7.NFLX 8.TMO 9.SYK 10.ACN
2023-06-30	39	$178.2M	0	1AMZN 2GOOGL 3META Top holdings2023-06-30 1.AMZN 2.GOOGL 3.META 4.BAC 5.SYK 6.MSFT 7.TMO 8.ROK 9.TD 10.ACN
2023-03-31	42	$165.7M	0	1AMZN 2META 3GOOGL Top holdings2023-03-31 1.AMZN 2.META 3.GOOGL 4.JPM 5.TD 6.SYK 7.BAC 8.ACN 9.DHR 10.MSFT
2022-12-31	41	$159.9M	0	1AMZN 2TD 3GOOGL Top holdings2022-12-31 1.AMZN 2.TD 3.GOOGL 4.MSFT 5.DHR 6.SYK 7.JPM 8.ACN 9.META 10.AAPL
2022-09-30	40	$155.7M	0	1AMZN 2TD 3GOOGL Top holdings2022-09-30 1.AMZN 2.TD 3.GOOGL 4.DHR 5.MSFT 6.JPM 7.ACN 8.AAPL 9.BAM 10.SYK
2022-06-30	88	$335.9M	0	1TD 2GOOGL 3AMZN Top holdings2022-06-30 1.TD 2.GOOGL 3.AMZN 4.MSFT 5.DHR 6.JPM 7.ACN 8.BAM 9.AAPL 10.TMO
2022-03-31	44	$206.4M	0	1UNH 2AAPL 3GOOG Top holdings2022-03-31 1.UNH 2.AAPL 3.GOOG 4.CNQ 5.ENB 6.1939900D 7.AQN 8.MCD 9.BAC 10.SNPS
2021-12-31	46	$215.3M	0	1AMZN 2GOOGL 3TD Top holdings2021-12-31 1.AMZN 2.GOOGL 3.TD 4.ACN 5.DHR 6.BAM 7.BIP 8.JPM 9.AAPL 10.SYK
2021-09-30	54	$204.4M	0	1AMZN 2GOOGL 3TD Top holdings2021-09-30 1.AMZN 2.GOOGL 3.TD 4.DHR 5.JPM 6.BAM 7.ACN 8.SYK 9.BIP 10.AAPL
2021-06-30	59	$201.5M	96	1AMZN 2TD 3GOOGL Top holdings2021-06-30 1.AMZN 2.TD 3.GOOGL 4.DHR 5.JPM 6.BAM 7.SYK 8.BIP 9.ACN 10.SWK
2021-03-31	57	$187.1M	10	1TD 2AMZN 3GOOGL Top holdings2021-03-31 1.TD 2.AMZN 3.GOOGL 4.JPM 5.DHR 6.BAM 7.BIP 8.SYK 9.ACN 10.SWK
2020-12-31	58	$178.0M	18	1AMZN 2TD 3GOOGL Top holdings2020-12-31 1.AMZN 2.TD 3.GOOGL 4.DHR 5.ACN 6.SYK 7.BAM 8.JPM 9.BIP 10.AAPL
2020-09-30	54	$149.2M	14	1AMZN 2TD 3DHR Top holdings2020-09-30 1.AMZN 2.TD 3.DHR 4.GOOGL 5.BIP 6.ACN 7.SYK 8.BAM 9.SWK 10.JPM
2020-06-30	49	$131.2M	24	1AMZN 2TD 3GOOGL Top holdings2020-06-30 1.AMZN 2.TD 3.GOOGL 4.DHR 5.BIP 6.ACN 7.SYK 8.BAM 9.SWK 10.JPM
2020-03-31	44	$103.4M	38	1TD 2AMZN 3SYK Top holdings2020-03-31 1.TD 2.AMZN 3.SYK 4.GOOGL 5.BAM 6.BIP 7.DHR 8.JPM 9.ACN 10.RY
2019-12-31	47	$146.3M	13	1TD 2JPM 3BAM Top holdings2019-12-31 1.TD 2.JPM 3.BAM 4.BIP 5.SYK 6.GOOGL 7.AMZN 8.SWK 9.ACN 10.DHR
2019-09-30	45	$136.5M	26	1TD 2SYK 3BAM Top holdings2019-09-30 1.TD 2.SYK 3.BAM 4.BIP 5.JPM 6.GOOGL 7.DHR 8.BNS 9.AMZN 10.RY
2019-06-30	58	$173.7M	14	1TD 2DHR 3AMZN Top holdings2019-06-30 1.TD 2.DHR 3.AMZN 4.SYK 5.BAM 6.JPM 7.GOOGL 8.DIS 9.SWK 10.BIP
2019-03-31	55	$170.2M	19	1TD 2BNS 3SYK Top holdings2019-03-31 1.TD 2.BNS 3.SYK 4.DHR 5.AMZN 6.GOOGL 7.BAM 8.JPM 9.DIS 10.BIP
2018-12-31	50	$151.3M	28	1TD 2GOOGL 3BNS Top holdings2018-12-31 1.TD 2.GOOGL 3.BNS 4.AMZN 5.SYK 6.BAM 7.DHR 8.DIS 9.BIP 10.JPM
2018-09-30	51	$176.8M	18	1TD 2BNS 3AMZN Top holdings2018-09-30 1.TD 2.BNS 3.AMZN 4.BAM 5.SYK 6.GOOGL 7.BIP 8.DHR 9.DIS 10.JPM
2018-06-30	48	$152.2M	12	1TD 2BAM 3AMZN Top holdings2018-06-30 1.TD 2.BAM 3.AMZN 4.BNS 5.SYK 6.GOOGL 7.BIP 8.DHR 9.JPM 10.RY
2018-03-31	47	$157.6M	25	1TD 2AMZN 3SYK Top holdings2018-03-31 1.TD 2.AMZN 3.SYK 4.BNS 5.BIP 6.GOOGL 7.BAM 8.DHR 9.SWK 10.RY
2017-12-31	45	$181.0M	19	1TD 2AMZN 3BNS Top holdings2017-12-31 1.TD 2.AMZN 3.BNS 4.BAM 5.BIP 6.META 7.GOOGL 8.SYK 9.SWK 10.DHR
2017-09-30	42	$169.9M	8	1TD 2CELG 3META Top holdings2017-09-30 1.TD 2.CELG 3.META 4.BNS 5.BAM 6.BIP 7.AMZN 8.GOOGL 9.SYK 10.ENB
2017-06-30	40	$157.9M	9	1TD 2CELG 3META Top holdings2017-06-30 1.TD 2.CELG 3.META 4.BNS 5.AMZN 6.BAM 7.GOOGL 8.BIP 9.SYK 10.ENB
2017-03-31	38	$148.8M	11	1TD 2CELG 3GOOGL Top holdings2017-03-31 1.TD 2.CELG 3.GOOGL 4.BNS 5.META 6.BAM 7.AMZN 8.BIP 9.SYK 10.ENB
2016-12-31	36	$140.5M	30	1TD 2GOOGL 3CELG Top holdings2016-12-31 1.TD 2.GOOGL 3.CELG 4.BNS 5.ENB 6.META 7.BAM 8.BIP 9.SYK 10.DHR
2016-09-30	37	$134.1M	17	1BIP 2TD 3GOOGL Top holdings2016-09-30 1.BIP 2.TD 3.GOOGL 4.ENB 5.SWK 6.BNS 7.CELG 8.DIS 9.META 10.SYK
2016-06-30	42	$141.0M	18	1TD 2BIP 3GOOGL Top holdings2016-06-30 1.TD 2.BIP 3.GOOGL 4.206519 5.ENB 6.DHR 7.BNS 8.SWK 9.AAPL 10.DIS
2016-03-31	40	$137.7M	23	1TD 2BIP 3GOOGL Top holdings2016-03-31 1.TD 2.BIP 3.GOOGL 4.AAPL 5.ENB 6.BNS 7.DHR 8.DIS 9.SWK 10.IFN
2015-12-31	44	$161.3M	29	1TD 2BIP 3GOOGL Top holdings2015-12-31 1.TD 2.BIP 3.GOOGL 4.RY 5.ENB 6.DIS 7.AAPL 8.DHR 9.SWK 10.CSCO
2015-09-30	41	$163.9M	20	1TD 2BNS 3BIP Top holdings2015-09-30 1.TD 2.BNS 3.BIP 4.GOOG 5.RY 6.ENB 7.CSCO 8.AAPL 9.DIS 10.DHR
2015-06-30	41	$162.7M	19	1TD 2ENB 3BIP Top holdings2015-06-30 1.TD 2.ENB 3.BIP 4.GOOG 5.BNS 6.CSCO 7.AAPL 8.DIS 9.BAM 10.DHR
2015-03-31	43	$154.0M	25	1TD 2ENB 3GOOG Top holdings2015-03-31 1.TD 2.ENB 3.GOOG 4.BNS 5.CSCO 6.AAPL 7.BAM 8.DHR 9.DIS 10.SWK
2014-12-31	43	$155.3M	15	1TD 2ENB 3BNS Top holdings2014-12-31 1.TD 2.ENB 3.BNS 4.AAPL 5.GOOG 6.DHR 7.BAM 8.CSCO 9.RY 10.SWK
2014-09-30	42	$149.3M	20	1TD 2ENB 3BNS Top holdings2014-09-30 1.TD 2.ENB 3.BNS 4.GOOG 5.AAPL 6.BAM 7.DHR 8.RY 9.IBM 10.SWK
2014-06-30	47	$179.1M	28	1TD 2GOOG 3ENB Top holdings2014-06-30 1.TD 2.GOOG 3.ENB 4.BNS 5.ORCL 6.BCE 7.AAPL 8.DHR 9.BAM 10.RY
2014-03-31	44	$166.7M	36	1TD 2ENB 3ORCL Top holdings2014-03-31 1.TD 2.ENB 3.ORCL 4.BNS 5.BCE 6.DHR 7.CCAP 8.RY 9.BAM 10.AAPL
2013-12-31	46	$146.3M	27	1TD 2ENB 3BNS Top holdings2013-12-31 1.TD 2.ENB 3.BNS 4.BCE 5.ORCL 6.IBM 7.DHR 8.RY 9.BAM 10.CSCO
2013-09-30	44	$129.1M	45	1TD 2ENB 3BNS Top holdings2013-09-30 1.TD 2.ENB 3.BNS 4.BCE 5.ORCL 6.DHR 7.RY 8.BAM 9.GOOG 10.IMO
2013-06-30	34	$98.7M	0	1ENB 2TD 3BCE Top holdings2013-06-30 1.ENB 2.TD 3.BCE 4.BNS 5.ORCL 6.BAM 7.RY 8.DHR 9.453038 10.XOM

Holding changes this quarter

Davis-rea LTD.'s most significant position changes for 2026-03-31: New buy: Thomson Reuters CORP (TRI4EUR); New buy: Shopify INC - Class A (SHOP); Sold out: Mondelez International Inc-a (MDLZ); Sold out: Ishares 1-3 Year Treasury Bo (SHY); New buy: Uber Technologies INC (UBER).

Position changes disclosed by Davis-rea LTD. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	NFLX	Netflix INC	+1.8%	+174.23%	Add
2	JPM	Jpmorgan Chase & Co	+1.2%	+23.34%	Add
3	MSFT	Microsoft CORP	+0.6%	+39.36%	Add
4	LIN	Linde plc	+0.3%	+2.13%	Add
5	PBA	Pembina Pipeline CORP	+0.2%	-0.67%	Trim
6	CHTR	Charter Communications Inc-a	+0.2%	+4.15%	Add
7	BEP	Brookfield Renewable Partners L.P.	+0.2%	-2.65%	Trim
8	ENB	Enbridge INC	+0.2%	-0.79%	Trim
9	JNJ	Johnson & Johnson	+0.2%	-6.18%	Trim
10	PNC	Pnc Financial Services Group	+0.2%	+1.87%	Add
11	FTS	Fortis INC	+0.2%	-3.08%	Trim
12	CNI	Canadian Natl Railway Co	+0.2%	+6.21%	Add
13	MCD	Mcdonald's CORP	+0.1%	+1.78%	Add
14	CB	Chubb Limited	+0.1%	-0.51%	Trim
15	CTAS	Cintas CORP	+0.1%	+16.36%	Add
16	BAC	Bank Of America CORP	0%	+9.10%	Add
17	OTIS	Otis Worldwide CORP	0%	+9.79%	Add
18	DIS	Walt Disney Co/the	0%	+11.49%	Add
19	AAPL	Apple INC	0%	+1.50%	Add
20	XYL	Xylem INC	0%	+7.77%	Add
21	ROK	Rockwell Automation INC	0%	—	Unchanged
22	ABT	Abbott Laboratories	-0.1%	+11.72%	Add
23	SYK	Stryker CORP	-0.1%	+0.64%	Add
24	SPGI	S&p Global INC	-0.1%	+10.49%	Add
25	TD	Toronto-dominion Bank	-0.1%	-8.07%	Trim
26	BN	Brookfield CORP	-0.1%	+2.09%	Add
27	NET	Cloudflare INC - Class A	-0.1%	-11.45%	Trim
28	GIB	Cgi INC	-0.1%	+7.64%	Add
29	BNS	Bank Of Nova Scotia	-0.1%	-6.60%	Trim
30	V	Visa Inc-class A Shares	-0.1%	+2.00%	Add
31	RY	Royal Bank Of Canada	-0.2%	-5.02%	Trim
32	DHR	Danaher CORP	-0.3%	-26.81%	Trim
33	TMO	Thermo Fisher Scientific INC	-0.4%	+2.37%	Add
34	BIP	Brookfield Infrastructure Partners L.P.	-0.4%	-72.10%	Trim
35	SNPS	Synopsys INC	-0.7%	-8.58%	Trim
36	HD	Home Depot INC	-0.7%	-37.05%	Trim
37	GOOGL	Alphabet Inc-cl A	-0.7%	-4.67%	Trim
38	ROP	Roper Technologies INC	-0.8%	-66.75%	Trim
39	AMZN	Amazon.com INC	-0.9%	-9.85%	Trim
40	META	Meta Platforms Inc-class A	-1.2%	-10.28%	Trim
41	ACN	Accenture plc	-2%	-76.02%	Trim
42	TRI4EUR	Thomson Reuters CORP	—	NEW	New buy
43	SHOP	Shopify INC - Class A	—	NEW	New buy
44	MDLZ	Mondelez International Inc-a	—	EXIT	Sold out
45	SHY	Ishares 1-3 Year Treasury Bo	—	EXIT	Sold out
46	UBER	Uber Technologies INC	—	NEW	New buy
47	CAT	Caterpillar INC	—	EXIT	Sold out
48	SPY	Ss Spdr S&p 500 ETF Trust-us	—	EXIT	Sold out
49	CNQ	Canadian Natural Resources	—	NEW	New buy
50	BX	Blackstone INC	—	EXIT	Sold out

FAQ

What is Davis-rea LTD. and what type of investor is it?

Davis-rea LTD. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $383.7M, spread across 54 disclosed positions.

What are Davis-rea LTD.'s largest equity positions?

Based on the latest 13F filing, Davis-rea LTD.'s top holdings by market value are: 1. Jpmorgan Chase & Co (JPM) — $31.5M (8.2%) 2. Alphabet Inc-cl A (GOOGL) — $29.4M (7.7%) 3. Microsoft CORP (MSFT) — $22.8M (6.0%) 4. Meta Platforms Inc-class A (META) — $19.2M (5.0%) 5. Amazon.com INC (AMZN) — $18.9M (4.9%)

What changes did Davis-rea LTD. make in its most recent portfolio filing?

In the latest reported quarter, Davis-rea LTD. made 49 notable position adjustments: 4 new positions were initiated, 21 existing holdings were added to, 19 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: Thomson Reuters CORP (TRI4EUR); New buy: Shopify INC - Class A (SHOP); Sold out: Mondelez International Inc-a (MDLZ); Sold out: Ishares 1-3 Year Treasury Bo (SHY); New buy: Uber Technologies INC (UBER)

What sectors does Davis-rea LTD. focus on?

Davis-rea LTD. is concentrated in the following sectors based on its current disclosed equity portfolio: • Communication Services: 29.5% • Financials: 25.6% • Information Technology: 19.7% • Consumer Discretionary: 12.5% • Health Care: 10.3% • Industrials: 2.4%

Peer Institutions

Institutions with a similar AUM

Delta Financial Advisors LLC

CIK 0001790295

Total reported value

$383.8M

149 stks

2026-03-31

Concentration7.3

Portfolio Stability12.9

Sector conviction41.9

AUM within 0.0% of this institution

View detail

Pinnbrook Capital Management LP

CIK 0001856103

Total reported value

$383.9M

45 stks

2026-03-31

Concentration36.1

Portfolio Stability100.0

Sector conviction76.7

AUM within 0.0% of this institution

View detail

EPIQ Capital Group, LLC

CIK 0001779453

Total reported value

$383.4M

79 stks

2024-12-31

Stale — no recent filing

Concentration34.2

Portfolio Stability0.0

Sector conviction100.0

AUM within 0.1% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

Bradley Foster & Sargent Inc/ct

CIK 0001015086

Total reported value

$6.4B

516 stks

2026-03-31

Concentration6.4

Portfolio Stability19.6

Sector conviction39.0

4 of the top 5 holdings overlap, including Jpmorgan Chase & Co

View detail

Waddell & Reed Financial INC

CIK 0001052100

Total reported value

$48.6B

477 stks

2021-03-31

Stale — no recent filing

Concentration3.8

Portfolio Stability22.8

Sector conviction66.9

4 of the top 5 holdings overlap, including Microsoft CORP

View detail

Smith Asset Management Group LP

CIK 0001091561

Total reported value

$2.0B

363 stks

2021-06-30

Stale — no recent filing

Concentration0.0

Portfolio Stability96.1

Sector conviction58.7

4 of the top 5 holdings overlap, including Microsoft CORP

View detail

Davis-rea LTD. Investment Portfolio — 13F Data

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$383.7M

Reporting period: 2026-03-31 · Number of holdings: 54

DAVIS-REA LTD. disclosed 54 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $383.7M and a quarterly turnover rate of 22.5%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "D"

Personality snowflake

Concentration: 14.41
Portfolio Stability: 22.46
Momentum/Contrarian: 100
Sector conviction: 65.38
Diversification: 100
Sizing Uniformity: 90.18

Recent moves

Trim ACN
-76.0%　-$8.2M
Add NFLX
+174.2%　$6.8M
Add JPM
+23.3%　$3.5M
Trim META
-10.3%　-$5.5M
Trim AMZN
-9.9%　-$4.3M
Trim ROP
-66.7%　-$3.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	JPM	Jpmorgan Chase & Co	Stock-Financials	8.22%	+1.21%	+23.34%
2	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	7.66%	-0.74%	-4.67%
3	MSFT	Microsoft CORP	Stock-Tech	5.96%	+0.60%	+39.36%
4	META	Meta Platforms Inc-class A	Stock-Comm Services	5.01%	-1.18%	-10.28%
5	AMZN	Amazon.com INC	Stock-Consumer Disc	4.92%	-0.89%	-9.85%
6	BAC	Bank Of America CORP	Stock-Financials	3.76%	+0.03%	+9.10%
7	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	3.61%	-0.39%	+2.37%
8	PNC	Pnc Financial Services Group	Stock-Financials	3.46%	+0.19%	+1.87%
9	NET	Cloudflare INC - Class A	Stock-Tech	3.41%	-0.12%	-11.45%
10	RY	Royal Bank Of Canada	Stock-Financials	3.23%	-0.22%	-5.02%
11	SYK	Stryker CORP	Stock-Healthcare	3.03%	-0.06%	+0.64%
12	TRI4EUR	Thomson Reuters CORP	Stock-Other	2.96%	+2.96%	NEW
13	SNPS	Synopsys INC	Stock-Tech	2.92%	-0.71%	-8.58%
14	NFLX	Netflix INC	Stock-Comm Services	2.77%	+1.82%	+174.23%
15	FTS	Fortis INC	Stock-Utilities	2.32%	+0.17%	-3.08%
16	CHTR	Charter Communications Inc-a	Stock-Comm Services	2.19%	+0.24%	+4.15%
17	TD	Toronto-dominion Bank	Stock-Financials	1.79%	-0.10%	-8.07%
18	MCD	Mcdonald's CORP	Stock-Consumer Disc	1.76%	+0.12%	+1.78%
19	SHOP	Shopify INC - Class A	Stock-Tech	1.74%	+1.74%	NEW
20	BN	Brookfield CORP	Stock-Financials	1.65%	-0.11%	+2.09%
21	ENB	Enbridge INC	Stock-Energy	1.49%	+0.21%	-0.79%
22	RTX	Rtx CORP	Stock-Industrials	1.46%	—	-7.06%
23	AAPL	Apple INC	Stock-Tech	1.43%	-0.02%	+1.50%
24	JNJ	Johnson & Johnson	Stock-Healthcare	1.41%	+0.19%	-6.18%
25	LIN	Linde plc	Stock-Materials	1.41%	+0.27%	+2.13%
26	V	Visa Inc-class A Shares	Stock-Financials	1.39%	-0.13%	+2.00%
27	CB	Chubb Limited	Stock-Financials	1.38%	+0.10%	-0.51%
28	BNS	Bank Of Nova Scotia	Stock-Financials	1.36%	-0.13%	-6.60%
29	PBA	Pembina Pipeline CORP	Stock-Energy	1.36%	+0.24%	-0.67%
30	CNI	Canadian Natl Railway Co	Stock-Industrials	1.27%	+0.16%	+6.21%
31	HD	Home Depot INC	Stock-Consumer Disc	1.23%	-0.73%	-37.05%
32	BEP	Brookfield Renewable Partners L.P.	Stock-Other	1.18%	+0.21%	-2.65%
33	SPGI	S&p Global INC	Stock-Financials	1.10%	-0.07%	+10.49%
34	ABT	Abbott Laboratories	Stock-Healthcare	1.09%	-0.05%	+11.72%
35	OTIS	Otis Worldwide CORP	Stock-Industrials	1.05%	+0.01%	+9.79%
36	XYL	Xylem INC	Stock-Industrials	1.01%	-0.02%	+7.77%
37	DIS	Walt Disney Co/the	Stock-Comm Services	0.94%	-0.01%	+11.49%
38	CTAS	Cintas CORP	Stock-Industrials	0.94%	+0.08%	+16.36%
39	GIB	Cgi INC	Stock-Tech	0.86%	-0.12%	+7.64%
40	UL	Unilever Plc-sponsored Adr	Stock-Consumer Staples	0.85%	—	+17.29%
41	ZTS	Zoetis INC	Stock-Healthcare	0.85%	—	+7.10%
42	ROK	Rockwell Automation INC	Stock-Industrials	0.52%	-0.03%	—
43	ACN	Accenture plc	Stock-Tech	0.46%	-2.02%	-76.02%
44	DHR	Danaher CORP	Stock-Healthcare	0.45%	-0.25%	-26.81%
45	ROP	Roper Technologies INC	Stock-Tech	0.30%	-0.78%	-66.75%
46	BIP	Brookfield Infrastructure Partners L.P.	Stock-Utilities	0.18%	-0.43%	-72.10%
47	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.15%	—	-3.16%
48	BMO	Bank Of Montreal	Stock-Financials	0.13%	—	-1.97%
49	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.12%	—	-4.87%
50	NEM	Newmont CORP	Stock-Materials	0.10%	—	-2.73%

1–50 of 54

Portfolio Performance

Performance for Q3 2026

+3.6%

Performance Last 4 Quarters

+13.4%

Based on 78% of reported portfolio value with available pricing

Stdev: +15%
Beta: +1.01
Alpha: -0.4%
Max Drawdown: -13.9%
Annualized Perf: +18.5%
Batting Avg vs S&P: +52.8%
Sortino: +2.4
Stutzer: +0.36
Treynor: +0.18
Sterling: +0.96
Calmar: +1.33
Information Ratio: -0.04
Tracking Error: +7.2%
Stdev Down: +7.6%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +39.4%
Worst 12 Months: +9.2%
Efficiency Ratio: +0.5
Sharpe: +1.21
Stdev Sectors: +9.2%
Skewness: +0.12
Kurtosis: -0.37
Upside Potential: +4.1

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	54	$383.7M	22	1JPM 2GOOGL 3MSFT Top holdings2026-03-31 1.JPM 2.GOOGL 3.MSFT 4.META 5.AMZN 6.BAC 7.TMO 8.PNC 9.NET 10.RY
2025-12-31	56	$399.5M	19	1GOOGL 2JPM 3META Top holdings2025-12-31 1.GOOGL 2.JPM 3.META 4.AMZN 5.MSFT 6.TMO 7.BAC 8.SNPS 9.NET 10.RY
2025-09-30	58	$412.0M	32	1GOOGL 2AMZN 3META Top holdings2025-09-30 1.GOOGL 2.AMZN 3.META 4.JPM 5.MSFT 6.TMO 7.SNPS 8.BAC 9.NET 10.SYK
2025-06-30	60	$403.0M	0	1META 2GOOGL 3AMZN Top holdings2025-06-30 1.META 2.GOOGL 3.AMZN 4.JPM 5.MSFT 6.TMO 7.SYK 8.AAPL 9.BAC 10.SNPS
2025-03-31	51	$375.5M	100	1META 2GOOGL 3MSFT Top holdings2025-03-31 1.META 2.GOOGL 3.MSFT 4.AMZN 5.JPM 6.TMO 7.SYK 8.UNH 9.BAC 10.RY
2024-12-31	31	$197.6M	0	1META 2AMZN 3TMO Top holdings2024-12-31 1.META 2.AMZN 3.TMO 4.SNPS 5.UNH 6.NET 7.GOOGL 8.SYK 9.JPM 10.ACN
2024-09-30	38	$229.8M	0	1AMZN 2META 3SNPS Top holdings2024-09-30 1.AMZN 2.META 3.SNPS 4.GOOGL 5.NFLX 6.ACN 7.NET 8.SYK 9.MSFT 10.UNH
2024-06-30	34	$200.0M	0	1AMZN 2META 3GOOGL Top holdings2024-06-30 1.AMZN 2.META 3.GOOGL 4.MCD 5.MSFT 6.SYK 7.ACN 8.NET 9.TMO 10.UNH
2024-03-31	35	$219.6M	0	1AMZN 2GOOGL 3META Top holdings2024-03-31 1.AMZN 2.GOOGL 3.META 4.ACN 5.MSFT 6.TLT 7.SYK 8.BAC 9.TMO 10.UNH
2023-12-31	36	$195.4M	0	1AMZN 2MSFT 3META Top holdings2023-12-31 1.AMZN 2.MSFT 3.META 4.GOOGL 5.SYK 6.TMO 7.ROK 8.MCD 9.SNPS 10.ACN
2023-09-30	40	$184.4M	0	1AMZN 2META 3MSFT Top holdings2023-09-30 1.AMZN 2.META 3.MSFT 4.GOOGL 5.ROK 6.UNH 7.NFLX 8.TMO 9.SYK 10.ACN
2023-06-30	39	$178.2M	0	1AMZN 2GOOGL 3META Top holdings2023-06-30 1.AMZN 2.GOOGL 3.META 4.BAC 5.SYK 6.MSFT 7.TMO 8.ROK 9.TD 10.ACN
2023-03-31	42	$165.7M	0	1AMZN 2META 3GOOGL Top holdings2023-03-31 1.AMZN 2.META 3.GOOGL 4.JPM 5.TD 6.SYK 7.BAC 8.ACN 9.DHR 10.MSFT
2022-12-31	41	$159.9M	0	1AMZN 2TD 3GOOGL Top holdings2022-12-31 1.AMZN 2.TD 3.GOOGL 4.MSFT 5.DHR 6.SYK 7.JPM 8.ACN 9.META 10.AAPL
2022-09-30	40	$155.7M	0	1AMZN 2TD 3GOOGL Top holdings2022-09-30 1.AMZN 2.TD 3.GOOGL 4.DHR 5.MSFT 6.JPM 7.ACN 8.AAPL 9.BAM 10.SYK
2022-06-30	88	$335.9M	0	1TD 2GOOGL 3AMZN Top holdings2022-06-30 1.TD 2.GOOGL 3.AMZN 4.MSFT 5.DHR 6.JPM 7.ACN 8.BAM 9.AAPL 10.TMO
2022-03-31	44	$206.4M	0	1UNH 2AAPL 3GOOG Top holdings2022-03-31 1.UNH 2.AAPL 3.GOOG 4.CNQ 5.ENB 6.1939900D 7.AQN 8.MCD 9.BAC 10.SNPS
2021-12-31	46	$215.3M	0	1AMZN 2GOOGL 3TD Top holdings2021-12-31 1.AMZN 2.GOOGL 3.TD 4.ACN 5.DHR 6.BAM 7.BIP 8.JPM 9.AAPL 10.SYK
2021-09-30	54	$204.4M	0	1AMZN 2GOOGL 3TD Top holdings2021-09-30 1.AMZN 2.GOOGL 3.TD 4.DHR 5.JPM 6.BAM 7.ACN 8.SYK 9.BIP 10.AAPL
2021-06-30	59	$201.5M	96	1AMZN 2TD 3GOOGL Top holdings2021-06-30 1.AMZN 2.TD 3.GOOGL 4.DHR 5.JPM 6.BAM 7.SYK 8.BIP 9.ACN 10.SWK
2021-03-31	57	$187.1M	10	1TD 2AMZN 3GOOGL Top holdings2021-03-31 1.TD 2.AMZN 3.GOOGL 4.JPM 5.DHR 6.BAM 7.BIP 8.SYK 9.ACN 10.SWK
2020-12-31	58	$178.0M	18	1AMZN 2TD 3GOOGL Top holdings2020-12-31 1.AMZN 2.TD 3.GOOGL 4.DHR 5.ACN 6.SYK 7.BAM 8.JPM 9.BIP 10.AAPL
2020-09-30	54	$149.2M	14	1AMZN 2TD 3DHR Top holdings2020-09-30 1.AMZN 2.TD 3.DHR 4.GOOGL 5.BIP 6.ACN 7.SYK 8.BAM 9.SWK 10.JPM
2020-06-30	49	$131.2M	24	1AMZN 2TD 3GOOGL Top holdings2020-06-30 1.AMZN 2.TD 3.GOOGL 4.DHR 5.BIP 6.ACN 7.SYK 8.BAM 9.SWK 10.JPM
2020-03-31	44	$103.4M	38	1TD 2AMZN 3SYK Top holdings2020-03-31 1.TD 2.AMZN 3.SYK 4.GOOGL 5.BAM 6.BIP 7.DHR 8.JPM 9.ACN 10.RY
2019-12-31	47	$146.3M	13	1TD 2JPM 3BAM Top holdings2019-12-31 1.TD 2.JPM 3.BAM 4.BIP 5.SYK 6.GOOGL 7.AMZN 8.SWK 9.ACN 10.DHR
2019-09-30	45	$136.5M	26	1TD 2SYK 3BAM Top holdings2019-09-30 1.TD 2.SYK 3.BAM 4.BIP 5.JPM 6.GOOGL 7.DHR 8.BNS 9.AMZN 10.RY
2019-06-30	58	$173.7M	14	1TD 2DHR 3AMZN Top holdings2019-06-30 1.TD 2.DHR 3.AMZN 4.SYK 5.BAM 6.JPM 7.GOOGL 8.DIS 9.SWK 10.BIP
2019-03-31	55	$170.2M	19	1TD 2BNS 3SYK Top holdings2019-03-31 1.TD 2.BNS 3.SYK 4.DHR 5.AMZN 6.GOOGL 7.BAM 8.JPM 9.DIS 10.BIP
2018-12-31	50	$151.3M	28	1TD 2GOOGL 3BNS Top holdings2018-12-31 1.TD 2.GOOGL 3.BNS 4.AMZN 5.SYK 6.BAM 7.DHR 8.DIS 9.BIP 10.JPM
2018-09-30	51	$176.8M	18	1TD 2BNS 3AMZN Top holdings2018-09-30 1.TD 2.BNS 3.AMZN 4.BAM 5.SYK 6.GOOGL 7.BIP 8.DHR 9.DIS 10.JPM
2018-06-30	48	$152.2M	12	1TD 2BAM 3AMZN Top holdings2018-06-30 1.TD 2.BAM 3.AMZN 4.BNS 5.SYK 6.GOOGL 7.BIP 8.DHR 9.JPM 10.RY
2018-03-31	47	$157.6M	25	1TD 2AMZN 3SYK Top holdings2018-03-31 1.TD 2.AMZN 3.SYK 4.BNS 5.BIP 6.GOOGL 7.BAM 8.DHR 9.SWK 10.RY
2017-12-31	45	$181.0M	19	1TD 2AMZN 3BNS Top holdings2017-12-31 1.TD 2.AMZN 3.BNS 4.BAM 5.BIP 6.META 7.GOOGL 8.SYK 9.SWK 10.DHR
2017-09-30	42	$169.9M	8	1TD 2CELG 3META Top holdings2017-09-30 1.TD 2.CELG 3.META 4.BNS 5.BAM 6.BIP 7.AMZN 8.GOOGL 9.SYK 10.ENB
2017-06-30	40	$157.9M	9	1TD 2CELG 3META Top holdings2017-06-30 1.TD 2.CELG 3.META 4.BNS 5.AMZN 6.BAM 7.GOOGL 8.BIP 9.SYK 10.ENB
2017-03-31	38	$148.8M	11	1TD 2CELG 3GOOGL Top holdings2017-03-31 1.TD 2.CELG 3.GOOGL 4.BNS 5.META 6.BAM 7.AMZN 8.BIP 9.SYK 10.ENB
2016-12-31	36	$140.5M	30	1TD 2GOOGL 3CELG Top holdings2016-12-31 1.TD 2.GOOGL 3.CELG 4.BNS 5.ENB 6.META 7.BAM 8.BIP 9.SYK 10.DHR
2016-09-30	37	$134.1M	17	1BIP 2TD 3GOOGL Top holdings2016-09-30 1.BIP 2.TD 3.GOOGL 4.ENB 5.SWK 6.BNS 7.CELG 8.DIS 9.META 10.SYK
2016-06-30	42	$141.0M	18	1TD 2BIP 3GOOGL Top holdings2016-06-30 1.TD 2.BIP 3.GOOGL 4.206519 5.ENB 6.DHR 7.BNS 8.SWK 9.AAPL 10.DIS
2016-03-31	40	$137.7M	23	1TD 2BIP 3GOOGL Top holdings2016-03-31 1.TD 2.BIP 3.GOOGL 4.AAPL 5.ENB 6.BNS 7.DHR 8.DIS 9.SWK 10.IFN
2015-12-31	44	$161.3M	29	1TD 2BIP 3GOOGL Top holdings2015-12-31 1.TD 2.BIP 3.GOOGL 4.RY 5.ENB 6.DIS 7.AAPL 8.DHR 9.SWK 10.CSCO
2015-09-30	41	$163.9M	20	1TD 2BNS 3BIP Top holdings2015-09-30 1.TD 2.BNS 3.BIP 4.GOOG 5.RY 6.ENB 7.CSCO 8.AAPL 9.DIS 10.DHR
2015-06-30	41	$162.7M	19	1TD 2ENB 3BIP Top holdings2015-06-30 1.TD 2.ENB 3.BIP 4.GOOG 5.BNS 6.CSCO 7.AAPL 8.DIS 9.BAM 10.DHR
2015-03-31	43	$154.0M	25	1TD 2ENB 3GOOG Top holdings2015-03-31 1.TD 2.ENB 3.GOOG 4.BNS 5.CSCO 6.AAPL 7.BAM 8.DHR 9.DIS 10.SWK
2014-12-31	43	$155.3M	15	1TD 2ENB 3BNS Top holdings2014-12-31 1.TD 2.ENB 3.BNS 4.AAPL 5.GOOG 6.DHR 7.BAM 8.CSCO 9.RY 10.SWK
2014-09-30	42	$149.3M	20	1TD 2ENB 3BNS Top holdings2014-09-30 1.TD 2.ENB 3.BNS 4.GOOG 5.AAPL 6.BAM 7.DHR 8.RY 9.IBM 10.SWK
2014-06-30	47	$179.1M	28	1TD 2GOOG 3ENB Top holdings2014-06-30 1.TD 2.GOOG 3.ENB 4.BNS 5.ORCL 6.BCE 7.AAPL 8.DHR 9.BAM 10.RY
2014-03-31	44	$166.7M	36	1TD 2ENB 3ORCL Top holdings2014-03-31 1.TD 2.ENB 3.ORCL 4.BNS 5.BCE 6.DHR 7.CCAP 8.RY 9.BAM 10.AAPL
2013-12-31	46	$146.3M	27	1TD 2ENB 3BNS Top holdings2013-12-31 1.TD 2.ENB 3.BNS 4.BCE 5.ORCL 6.IBM 7.DHR 8.RY 9.BAM 10.CSCO
2013-09-30	44	$129.1M	45	1TD 2ENB 3BNS Top holdings2013-09-30 1.TD 2.ENB 3.BNS 4.BCE 5.ORCL 6.DHR 7.RY 8.BAM 9.GOOG 10.IMO
2013-06-30	34	$98.7M	0	1ENB 2TD 3BCE Top holdings2013-06-30 1.ENB 2.TD 3.BCE 4.BNS 5.ORCL 6.BAM 7.RY 8.DHR 9.453038 10.XOM

Holding changes this quarter

Position changes disclosed by Davis-rea LTD. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	NFLX	Netflix INC	+1.8%	+174.23%	Add
2	JPM	Jpmorgan Chase & Co	+1.2%	+23.34%	Add
3	MSFT	Microsoft CORP	+0.6%	+39.36%	Add
4	LIN	Linde plc	+0.3%	+2.13%	Add
5	PBA	Pembina Pipeline CORP	+0.2%	-0.67%	Trim
6	CHTR	Charter Communications Inc-a	+0.2%	+4.15%	Add
7	BEP	Brookfield Renewable Partners L.P.	+0.2%	-2.65%	Trim
8	ENB	Enbridge INC	+0.2%	-0.79%	Trim
9	JNJ	Johnson & Johnson	+0.2%	-6.18%	Trim
10	PNC	Pnc Financial Services Group	+0.2%	+1.87%	Add
11	FTS	Fortis INC	+0.2%	-3.08%	Trim
12	CNI	Canadian Natl Railway Co	+0.2%	+6.21%	Add
13	MCD	Mcdonald's CORP	+0.1%	+1.78%	Add
14	CB	Chubb Limited	+0.1%	-0.51%	Trim
15	CTAS	Cintas CORP	+0.1%	+16.36%	Add
16	BAC	Bank Of America CORP	0%	+9.10%	Add
17	OTIS	Otis Worldwide CORP	0%	+9.79%	Add
18	DIS	Walt Disney Co/the	0%	+11.49%	Add
19	AAPL	Apple INC	0%	+1.50%	Add
20	XYL	Xylem INC	0%	+7.77%	Add
21	ROK	Rockwell Automation INC	0%	—	Unchanged
22	ABT	Abbott Laboratories	-0.1%	+11.72%	Add
23	SYK	Stryker CORP	-0.1%	+0.64%	Add
24	SPGI	S&p Global INC	-0.1%	+10.49%	Add
25	TD	Toronto-dominion Bank	-0.1%	-8.07%	Trim
26	BN	Brookfield CORP	-0.1%	+2.09%	Add
27	NET	Cloudflare INC - Class A	-0.1%	-11.45%	Trim
28	GIB	Cgi INC	-0.1%	+7.64%	Add
29	BNS	Bank Of Nova Scotia	-0.1%	-6.60%	Trim
30	V	Visa Inc-class A Shares	-0.1%	+2.00%	Add
31	RY	Royal Bank Of Canada	-0.2%	-5.02%	Trim
32	DHR	Danaher CORP	-0.3%	-26.81%	Trim
33	TMO	Thermo Fisher Scientific INC	-0.4%	+2.37%	Add
34	BIP	Brookfield Infrastructure Partners L.P.	-0.4%	-72.10%	Trim
35	SNPS	Synopsys INC	-0.7%	-8.58%	Trim
36	HD	Home Depot INC	-0.7%	-37.05%	Trim
37	GOOGL	Alphabet Inc-cl A	-0.7%	-4.67%	Trim
38	ROP	Roper Technologies INC	-0.8%	-66.75%	Trim
39	AMZN	Amazon.com INC	-0.9%	-9.85%	Trim
40	META	Meta Platforms Inc-class A	-1.2%	-10.28%	Trim
41	ACN	Accenture plc	-2%	-76.02%	Trim
42	TRI4EUR	Thomson Reuters CORP	—	NEW	New buy
43	SHOP	Shopify INC - Class A	—	NEW	New buy
44	MDLZ	Mondelez International Inc-a	—	EXIT	Sold out
45	SHY	Ishares 1-3 Year Treasury Bo	—	EXIT	Sold out
46	UBER	Uber Technologies INC	—	NEW	New buy
47	CAT	Caterpillar INC	—	EXIT	Sold out
48	SPY	Ss Spdr S&p 500 ETF Trust-us	—	EXIT	Sold out
49	CNQ	Canadian Natural Resources	—	NEW	New buy
50	BX	Blackstone INC	—	EXIT	Sold out