N&

Northwest & Ethical Investments L.P.

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$4.3B

Reporting period: 2026-03-31 · Number of holdings: 526

Northwest & Ethical Investments L.P. disclosed 526 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $4.3B and a quarterly turnover rate of 28.6%.

Personality snowflake

Concentration
4.25
Portfolio Stability
28.63
Momentum/Contrarian
100
Sector conviction
42.66
Diversification
100
Sizing Uniformity
78.54

Recent moves

  • Trim MSFT

    -10.5%　-$68.1M

  • Add WCN

    +547.7%　$45.6M

  • Trim WM

    -82.9%　-$26.0M

  • Add NVDA

    +22.6%　$21.0M

  • Trim AMAT

    -86.8%　-$25.8M

  • Trim A

    -28.2%　-$22.6M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1NVDANvidia CORPStock-Tech3.79%+0.58%+22.56%
2MSFTMicrosoft CORPStock-Tech3.42%-1.44%-10.53%
3AVSDAvantis Reps Intern Equi ETFETF-Other3.38%——
4NULGNuveen Esg Lrg-cap Grw ETFETF-Other3.01%—+8.95%
5AAPLApple INCStock-Tech2.39%—+4.67%
6GOOGAlphabet Inc-cl CStock-Comm Services2.05%—+2.51%
7RYRoyal Bank Of CanadaStock-Financials1.85%-0.09%-2.17%
8TDToronto-dominion BankStock-Financials1.49%—-4.03%
9AVGOBroadcom INCStock-Tech1.47%—+6.29%
10AMZNAmazon.com INCStock-Consumer Disc1.43%-0.25%-8.22%
11QQQInvesco Qqq Trust Series 1ETF-Tech1.36%——
12WCNWaste Connections INCStock-Industrials1.27%+1.06%+547.69%
13SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth1.20%——
14LINLinde plcStock-Materials1.19%—-12.52%
15GILDGilead Sciences INCStock-Healthcare1.12%+0.21%+5.72%
16UNPUnion Pacific CORPStock-Industrials1.07%+0.22%+17.76%
17CNICanadian Natl Railway CoStock-Industrials1.02%—-0.95%
18MRKMerck & Co. INC.Stock-Healthcare0.98%+0.20%+7.02%
19VVisa Inc-class A SharesStock-Financials0.97%—+2.69%
20TSMTaiwan Semiconductor-sp AdrStock-Tech0.94%+0.19%+10.05%
21KLACKla CORPStock-Tech0.90%+0.90%NEW
22MAMastercard INC - AStock-Financials0.90%—+25.30%
23CPCanadian Pacific Kansas CityStock-Industrials0.86%—-5.11%
24FNVFranco-nevada CORPStock-Materials0.85%+0.18%+2.04%
25GOOGLAlphabet Inc-cl AStock-Comm Services0.84%—+2.33%
26CSCOCisco Systems INCStock-Tech0.84%—+3.49%
27SHOPShopify INC - Class AStock-Tech0.81%—+23.58%
28ENBEnbridge INCStock-Energy0.80%—-21.29%
29AAgilent Technologies INCStock-Healthcare0.79%-0.49%-28.16%
30BNBrookfield CORPStock-Financials0.78%—+14.72%
31MCKMckesson CORPStock-Healthcare0.78%—-0.27%
32BACBank Of America CORPStock-Financials0.77%—-0.63%
33HUBBHubbell INCStock-Industrials0.74%—-3.71%
34LLYEli Lilly & CoStock-Healthcare0.73%—+4.14%
35EBAYEbay INCStock-Consumer Disc0.71%—-0.82%
36CLColgate-palmolive CoStock-Consumer Staples0.69%+0.25%+41.89%
37ZTSZoetis INCStock-Healthcare0.69%—+9.14%
38APTVAptiv PLCStock-Consumer Disc0.68%+0.18%+46.05%
39CNQCanadian Natural ResourcesStock-Energy0.66%+0.15%-11.52%
40AEPAmerican Electric PowerStock-Utilities0.65%—+2.77%
41GIBCgi INCStock-Tech0.64%—+13.05%
42JPMJpmorgan Chase & CoStock-Financials0.64%—+11.55%
43NEENextera Energy INCStock-Utilities0.63%—+7.17%
44ABBVAbbvie INCStock-Healthcare0.63%—-8.48%
45NFLXNetflix INCStock-Comm Services0.61%+0.18%+34.93%
46SUNCSunococorp LLCStock-Other0.61%—-0.28%
47XYLXylem INCStock-Industrials0.58%—-0.38%
48TRVTravelers Cos Inc/theStock-Financials0.55%—+22.77%
49PGProcter & Gamble Co/theStock-Consumer Staples0.55%+0.23%+65.11%
50ADIAnalog Devices INCStock-Tech0.55%—+2.31%
1–50 of 526

Holding changes this quarter

Northwest & Ethical Investments L.P.'s most significant position changes for 2026-03-31: New buy: Kla CORP (KLAC); Sold out: Idex CORP (IEX); Sold out: Pentair plc (PNR); Sold out: Avantis Resp Emerg Mkts Eq-e (AVSE); Sold out: Ss&c Technologies Holdings (SSNC).

Position changes disclosed by Northwest & Ethical Investments L.P. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1WCNWaste Connections INC+1.1%+547.69%Add
2NVDANvidia CORP+0.6%+22.56%Add
3XOMExxon Mobil CORP+0.3%+100.15%Add
4SUSuncor Energy INC+0.3%+31.51%Add
5ULTAUlta Beauty INC+0.3%+5802.40%Add
6CLColgate-palmolive Co+0.3%+41.89%Add
7PGProcter & Gamble Co/the+0.2%+65.11%Add
8UNPUnion Pacific CORP+0.2%+17.76%Add
9MSIMotorola Solutions INC+0.2%+47.72%Add
10GILDGilead Sciences INC+0.2%+5.72%Add
11TAt&t INC+0.2%+172.35%Add
12MRKMerck & Co. INC.+0.2%+7.02%Add
13TTTrane Technologies plc+0.2%+69.64%Add
14TSMTaiwan Semiconductor-sp Adr+0.2%+10.05%Add
15APTVAptiv PLC+0.2%+46.05%Add
16NFLXNetflix INC+0.2%+34.93%Add
17FNVFranco-nevada CORP+0.2%+2.04%Add
18ITRIItron INC+0.2%+62.37%Add
19WFGWest Fraser Timber Co LTD+0.2%+315.61%Add
20CNQCanadian Natural Resources+0.2%-11.52%Trim
21RYRoyal Bank Of Canada-0.1%-2.17%Trim
22SPGIS&p Global INC-0.1%-9.13%Trim
23VLTOVeralto CORP-0.2%-18.02%Trim
24HDHome Depot INC-0.2%-82.62%Trim
25BNSBank Of Nova Scotia-0.2%-28.59%Trim
26INTUIntuit INC-0.2%+5.86%Add
27NOWServicenow INC-0.2%-13.15%Trim
28NYTNew York Times Co-a-0.2%-84.23%Trim
29BKNGBooking Holdings INC-0.2%-51.83%Trim
30AMZNAmazon.com INC-0.3%-8.22%Trim
31RNRRenaissanceRe Holdings Ltd.-0.3%-38.14%Trim
32TXNTexas Instruments INC-0.3%-89.04%Trim
33RSGRepublic Services INC-0.4%-76.75%Trim
34CARRCarrier Global CORP-0.4%-94.96%Trim
35AAgilent Technologies INC-0.5%-28.16%Trim
36AMATApplied Materials INC-0.6%-86.85%Trim
37WMWaste Management INC-0.6%-82.90%Trim
38MSFTMicrosoft CORP-1.4%-10.53%Trim
39KLACKla CORP—NEWNew buy
40IEXIdex CORP—EXITSold out
41PNRPentair plc—EXITSold out
42AVSEAvantis Resp Emerg Mkts Eq-e—EXITSold out
43SSNCSs&c Technologies Holdings—EXITSold out
44BNDXVanguard Total Intl Bond ETF—EXITSold out
45QXOQxo INC—NEWNew buy
46DLRDigital Realty Trust INC—NEWNew buy
47HALHalliburton Co—NEWNew buy
48USFDUS Foods Holding CORP—NEWNew buy
49CTVACorteva INC—NEWNew buy
50GGenpact Limited—EXITSold out

FAQ

What is Northwest & Ethical Investments L.P. and what type of investor is it?
Northwest & Ethical Investments L.P. 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 $4.3B, spread across 526 disclosed positions.
What are Northwest & Ethical Investments L.P.'s largest equity positions?
Based on the latest 13F filing, Northwest & Ethical Investments L.P.'s top holdings by market value are: 1. Nvidia CORP (NVDA) — $163.8M (3.8%) 2. Microsoft CORP (MSFT) — $147.8M (3.4%) 3. Avantis Reps Intern Equi ETF (AVSD) — $145.9M (3.4%) 4. Nuveen Esg Lrg-cap Grw ETF (NULG) — $130.3M (3.0%) 5. Apple INC (AAPL) — $103.4M (2.4%)
What changes did Northwest & Ethical Investments L.P. make in its most recent portfolio filing?
In the latest reported quarter, Northwest & Ethical Investments L.P. made 50 notable position adjustments: 6 new positions were initiated, 20 existing holdings were added to, 18 positions were partially reduced, and 6 were completely exited. The largest of these moves: New buy: Kla CORP (KLAC); Sold out: Idex CORP (IEX); Sold out: Pentair plc (PNR); Sold out: Avantis Resp Emerg Mkts Eq-e (AVSE); Sold out: Ss&c Technologies Holdings (SSNC)
What sectors does Northwest & Ethical Investments L.P. focus on?
Northwest & Ethical Investments L.P. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 25.5% • Financials: 18.0% • Industrials: 11.6% • Health Care: 11.0% • Consumer Discretionary: 7.6% • Communication Services: 6.5%