JA

JCIC Asset Management Inc.

Diversified strategyContrarianQuality / disciplined sizing

Total reported value

$326.5M

Reporting period: 2026-03-31 · Number of holdings: 113

JCIC Asset Management Inc. disclosed 113 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $326.5M and a quarterly turnover rate of 35.0%.

Personality snowflake

Concentration
12.11
Portfolio Stability
35.01
Momentum/Contrarian
0
Sector conviction
49.18
Diversification
100
Sizing Uniformity
84.37

Recent moves

  • Trim GOOG

    -25.2%　-$9.2M

  • Trim AAPL

    -18.6%　-$5.6M

  • Trim RYAAY

    -99.6%　-$4.9M

  • Trim RCI

    -94.9%　-$4.4M

  • Trim MSFT

    -0.2%　-$4.3M

  • Trim GIL

    -52.3%　-$4.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1GOOGAlphabet Inc-cl CStock-Comm Services6.07%-2.80%-25.24%
2JPMJpmorgan Chase & CoStock-Financials5.78%-0.47%+1.12%
3AAPLApple INCStock-Tech5.47%-1.72%-18.58%
4NVDANvidia CORPStock-Tech4.73%-0.28%+0.85%
5AMZNAmazon.com INCStock-Consumer Disc4.52%-0.38%+2.17%
6MSFTMicrosoft CORPStock-Tech4.27%-1.32%-0.22%
7RYRoyal Bank Of CanadaStock-Financials4.15%-0.12%+2.41%
8VLOValero Energy CORPStock-Energy3.57%+1.25%+1.05%
9AEMAgnico Eagle Mines LTDStock-Materials3.36%+3.36%NEW
10ENBEnbridge INCStock-Energy3.30%+0.45%+2.14%
11BBarrick Mining CORPStock-Materials2.68%-0.13%+1.83%
12BMOBank Of MontrealStock-Financials2.54%+0.14%+1.78%
13WMTWalmart INCStock-Consumer Staples2.50%+1.11%+60.48%
14TDToronto-dominion BankStock-Financials2.47%—+1.67%
15CVECenovus Energy INCStock-Energy2.37%+0.90%+2.86%
16VVisa Inc-class A SharesStock-Financials2.27%-0.31%+2.14%
17MFCManulife Financial CORPStock-Financials2.26%-0.10%+1.42%
18SHOPShopify INC - Class AStock-Tech2.15%-0.71%+2.19%
19IWMIshares Russell 2000 ETFETF-Small Cap1.97%+1.97%NEW
20BILSs Spdr Bb 1-3m T-bill ETFETF-Gov Bonds1.92%+1.92%NEW
21TSMTaiwan Semiconductor-sp AdrStock-Tech1.83%-0.25%-20.71%
22WCNWaste Connections INCStock-Industrials1.73%-0.10%+2.05%
23CNQCanadian Natural ResourcesStock-Energy1.45%+0.47%+2.71%
24METAMeta Platforms Inc-class AStock-Comm Services1.45%-0.20%+0.92%
25HDHome Depot INCStock-Consumer Disc1.43%-0.04%+1.72%
26UBERUber Technologies INCStock-Industrials1.40%-0.17%+1.06%
27CSXCsx CORPStock-Industrials1.39%+0.20%+3.34%
28CCJCameco CORPStock-Energy1.38%+0.25%+2.99%
29SHELShell Plc-adrStock-Energy1.30%+0.31%+3.76%
30FCXFreeport-mcmoran INCStock-Materials1.15%+1.12%+3643.85%
31CMCan Imperial Bk Of CommerceStock-Financials1.14%+0.07%+2.27%
32LLYEli Lilly & CoStock-Healthcare1.13%-0.17%+1.51%
33BAMBrookfield Asset Mgmt-aStock-Financials1.09%-0.18%+0.85%
34HBMHudbay Minerals INCStock-Other1.04%+1.04%NEW
35GEGeneral ElectricStock-Industrials1.03%-0.07%+1.76%
36MUFGMitsubishi Ufj Finl-spon AdrStock-Financials0.97%+0.10%+4.38%
37GILGildan Activewear INCStock-Consumer Disc0.96%-1.30%-52.30%
38DEDeere & CoStock-Industrials0.95%+0.19%+2.73%
39BBVABanco Bilbao Vizcaya-sp AdrStock-Financials0.92%—+5.05%
40SAPSap Se-sponsored AdrStock-Tech0.86%-0.29%+5.90%
41NGGNational Grid Plc-sp AdrStock-Utilities0.83%+0.11%+5.20%
42SONYSony Group CORP - Sp AdrStock-Tech0.83%-0.34%-12.01%
43OVVOvintiv INCStock-Energy0.78%+0.27%—
44FSVFirstservice CORPStock-Other0.76%+0.76%NEW
45BUDAnheuser-busch Inbev-spn AdrStock-Consumer Staples0.66%+0.66%NEW
46LYGLloyds Banking Group Plc-adrStock-Financials0.64%+0.64%NEW
47NVONovo-nordisk A/s-spons AdrStock-Healthcare0.63%+0.08%+60.33%
48BACBank Of America CORPStock-Financials0.10%—+10.58%
49FTSFortis INCStock-Utilities0.10%—+1.67%
50INSMInsmed INCStock-Healthcare0.10%—-2.96%
1–50 of 113

Holding changes this quarter

JCIC Asset Management Inc.'s most significant position changes for 2026-03-31: New buy: Agnico Eagle Mines LTD (AEM); New buy: Ishares Russell 2000 ETF (IWM); New buy: Ss Spdr Bb 1-3m T-bill ETF (BIL); Sold out: Cgi INC (GIB); New buy: Hudbay Minerals INC (HBM).

Position changes disclosed by JCIC Asset Management Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1VLOValero Energy CORP+1.3%+1.05%Add
2FCXFreeport-mcmoran INC+1.1%+3643.85%Add
3WMTWalmart INC+1.1%+60.48%Add
4CVECenovus Energy INC+0.9%+2.86%Add
5CNQCanadian Natural Resources+0.5%+2.71%Add
6ENBEnbridge INC+0.5%+2.14%Add
7SHELShell Plc-adr+0.3%+3.76%Add
8OVVOvintiv INC+0.3%—Unchanged
9CCJCameco CORP+0.3%+2.99%Add
10CSXCsx CORP+0.2%+3.34%Add
11DEDeere & Co+0.2%+2.73%Add
12BMOBank Of Montreal+0.1%+1.78%Add
13NGGNational Grid Plc-sp Adr+0.1%+5.20%Add
14MUFGMitsubishi Ufj Finl-spon Adr+0.1%+4.38%Add
15NVONovo-nordisk A/s-spons Adr+0.1%+60.33%Add
16CMCan Imperial Bk Of Commerce+0.1%+2.27%Add
17HDHome Depot INC0%+1.72%Add
18GEGeneral Electric-0.1%+1.76%Add
19WCNWaste Connections INC-0.1%+2.05%Add
20MFCManulife Financial CORP-0.1%+1.42%Add
21RYRoyal Bank Of Canada-0.1%+2.41%Add
22BBarrick Mining CORP-0.1%+1.83%Add
23UBERUber Technologies INC-0.2%+1.06%Add
24LLYEli Lilly & Co-0.2%+1.51%Add
25BAMBrookfield Asset Mgmt-a-0.2%+0.85%Add
26METAMeta Platforms Inc-class A-0.2%+0.92%Add
27TSMTaiwan Semiconductor-sp Adr-0.3%-20.71%Trim
28NVDANvidia CORP-0.3%+0.85%Add
29SAPSap Se-sponsored Adr-0.3%+5.90%Add
30VVisa Inc-class A Shares-0.3%+2.14%Add
31SONYSony Group CORP - Sp Adr-0.3%-12.01%Trim
32AMZNAmazon.com INC-0.4%+2.17%Add
33JPMJpmorgan Chase & Co-0.5%+1.12%Add
34NFLXNetflix INC-0.7%-99.00%Trim
35SHOPShopify INC - Class A-0.7%+2.19%Add
36GILGildan Activewear INC-1.3%-52.30%Trim
37MSFTMicrosoft CORP-1.3%-0.22%Trim
38RCIRogers Communications Inc-b-1.4%-94.88%Trim
39RYAAYRyanair Holdings Plc-sp Adr-1.5%-99.58%Trim
40AAPLApple INC-1.7%-18.58%Trim
41GOOGAlphabet Inc-cl C-2.8%-25.24%Trim
42AEMAgnico Eagle Mines LTD—NEWNew buy
43IWMIshares Russell 2000 ETF—NEWNew buy
44BILSs Spdr Bb 1-3m T-bill ETF—NEWNew buy
45GIBCgi INC—EXITSold out
46HBMHudbay Minerals INC—NEWNew buy
47TRI4EURThomson Reuters CORP—EXITSold out
48FSVFirstservice CORP—NEWNew buy
49BUDAnheuser-busch Inbev-spn Adr—NEWNew buy
50LYGLloyds Banking Group Plc-adr—NEWNew buy

FAQ

What is JCIC Asset Management Inc. and what type of investor is it?
JCIC Asset Management Inc. 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 $326.5M, spread across 113 disclosed positions.
What are JCIC Asset Management Inc.'s largest equity positions?
Based on the latest 13F filing, JCIC Asset Management Inc.'s top holdings by market value are: 1. Alphabet Inc-cl C (GOOG) — $19.8M (6.1%) 2. Jpmorgan Chase & Co (JPM) — $18.9M (5.8%) 3. Apple INC (AAPL) — $17.9M (5.5%) 4. Nvidia CORP (NVDA) — $15.4M (4.7%) 5. Amazon.com INC (AMZN) — $14.8M (4.5%)
What changes did JCIC Asset Management Inc. make in its most recent portfolio filing?
In the latest reported quarter, JCIC Asset Management Inc. made 49 notable position adjustments: 7 new positions were initiated, 31 existing holdings were added to, 9 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Agnico Eagle Mines LTD (AEM); New buy: Ishares Russell 2000 ETF (IWM); New buy: Ss Spdr Bb 1-3m T-bill ETF (BIL); Sold out: Cgi INC (GIB); New buy: Hudbay Minerals INC (HBM)
What sectors does JCIC Asset Management Inc. focus on?
JCIC Asset Management Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 26.3% • Information Technology: 21.6% • Energy: 15.3% • Communication Services: 8.2% • Materials: 7.7% • Consumer Discretionary: 7.4%