Value Partners Investments Inc.
Reported holdings as of Q3 2026, from 28 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $88.0M | 171,340 | -0.34pp | 24q | -30.9%-$39.3M | |
| ALPHABET INC | GOOGL | $75.2M | 218,480 | +1.00pp | 27q | +28.9%+$16.9M | |
| ACCENTURE PLC IRELAND | ACN | $74.3M | 404,757 | +1.63pp | 6q | HELD | |
| Sun Life Financial, Inc. | SLF | $71.7M | 916,798 | -0.07pp | 27q | HELD | |
| MASTERCARD INCORPORATED | MA | $69.8M | 126,492 | +0.32pp | 24q | HELD | |
| VISA INC | V | $69.5M | 193,162 | +0.19pp | 26q | HELD | |
| AMAZON COM INC | AMZN | $66.9M | 268,429 | +0.59pp | 6q | +10.0%+$6.1M | |
| SALESFORCE INC | CRM | $66.5M | 289,626 | -0.21pp | 5q | -34.5%-$35.1M | |
| MANULIFE FINL CORP | MFC | $63.8M | 1,493,417 | +0.14pp | 13q | -1.6%-$1.0M | |
| AUTOMATIC DATA PROCESSING IN | ADP | $60.0M | 232,200 | -0.47pp | 3q | -21.7%-$16.6M | |
| CANADIAN NATL RY CO | CNI | $55.8M | 467,268 | -1.18pp | 22q | -23.1%-$16.8M | |
| HOME DEPOT INC | HD | $54.7M | 192,233 | -0.93pp | 18q | HELD | |
| OPEN TEXT CORP | OTEX | $54.3M | 2,414,647 | +0.04pp | 18q | HELD | |
| Rogers Communications, Inc. | RCI | $49.6M | 1,606,978 | -0.24pp | 26q | -1.0%-$490.1K | |
| CANADIAN PACIFIC KANSAS CITY | CP | $48.0M | 561,589 | -1.05pp | 14q | -22.5%-$13.9M | |
| STANTEC INC | STN | $47.4M | 700,268 | - | new | NEW | |
| BANK NOVA SCOTIA B C | BNS | $46.6M | 510,642 | -0.89pp | 28q | -24.9%-$15.4M | |
| CANADIAN IMPERIAL BANK OF CO | CM | $42.1M | 381,152 | -0.89pp | 28q | -19.7%-$10.3M | |
| ROYAL BK CDA | RY | $39.7M | 201,068 | -0.54pp | 28q | -12.0%-$5.4M | |
| BANK OF MONTREAL | BMO | $33.0M | 196,965 | -0.66pp | 28q | -17.8%-$7.2M | |
| FOMENTO ECONOMICO MEXICANO S | FMX | $14.9M | 125,783 | -0.09pp | 7q | HELD | |
| SAP SE | SAP | $14.4M | 68,844 | +0.29pp | 18q | +4.2%+$584.0K | |
| HDFC BANK LTD | HDB | $12.1M | 543,129 | +0.31pp | 7q | +85.3%+$5.6M | |
| FERRARI N V | RACE | $11.8M | 30,120 | +0.04pp | 5q | HELD | |
| ASTRAZENECA PLC | AZN | $11.1M | 68,251 | +0.01pp | 3q | +17.2%+$1.6M | |
| UBS GROUP AG | UBS | $10.3M | 213,892 | -0.11pp | 7q | -10.5%-$1.2M | |
| YUM CHINA HLDGS INC | YUMC | $9.7M | 235,975 | flat | 7q | HELD | |
| MEDTRONIC PLC | MDT | $9.1M | 105,000 | +0.06pp | 7q | HELD | |
| TORONTO DOMINION BK ONT | TD | $6.0M | 51,049 | -0.02pp | 28q | -1.0%-$60.5K | |
| FORTIS INC | FTS | $5.0M | 93,512 | -0.02pp | 26q | +2.0%+$97.3K | |
| KLA CORP | KLAC | $4.9M | 25,182 | -0.10pp | 8q | +19.2%+$793.7K | |
| PFIZER INC | PFE | $4.7M | 164,000 | +0.05pp | 5q | HELD | |
| TARGET CORP | TGT | $4.0M | 25,400 | flat | 7q | -16.4%-$784.0K | |
| VERIZON COMMUNICATIONS INC | VZ | $3.9M | 85,597 | +0.02pp | 7q | HELD | |
| MONDELEZ INTL INC | MDLZ | $3.7M | 63,500 | flat | 7q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $3.7M | 10,000 | -0.04pp | 26q | HELD | |
| THERMO FISHER SCIENTIFIC INC | TMO | $3.7M | 5,401 | +0.06pp | 23q | HELD | |
| AMERICAN TOWER CORP | AMT | $3.5M | 21,199 | flat | 7q | HELD | |
| DIAGEO PLC | DEO | $3.4M | 40,214 | +0.01pp | 7q | HELD | |
| ELI LILLY & CO | LLY | $3.4M | 2,949 | -0.01pp | 7q | -0.9%-$31.3K | |
| PEPSICO INC | PEP | $3.4M | 26,990 | -0.02pp | 7q | HELD | |
| S&P GLOBAL INC | SPGI | $3.3M | 8,400 | -0.01pp | 7q | HELD | |
| APPLIED MATLS INC | AMAT | $3.3M | 6,392 | -0.04pp | 23q | +19.2%+$527.3K | |
| CINTAS CORP | CTAS | $3.3M | 16,688 | +0.03pp | 23q | -1.7%-$56.5K | |
| WABTEC | WAB | $3.2M | 11,273 | +0.01pp | 7q | -0.7%-$23.9K | |
| INTERACTIVE BROKERS GROUP IN | IBKR | $3.1M | 36,653 | -0.01pp | 4q | HELD | |
| AMPHENOL CORP | APH | $3.1M | 37,106 | -0.01pp | 4q | HELD | |
| MCKESSON CORP | MCK | $3.1M | 3,587 | +0.02pp | 11q | -1.7%-$52.2K | |
| GARMIN LTD | GRMN | $3.0M | 10,363 | - | new | NEW | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $2.9M | 5,851 | flat | 28q | +2.0%+$56.4K | |
| GE AEROSPACE | GE | $2.9M | 9,307 | -0.04pp | 10q | +1.0%+$28.5K | |
| BERKLEY W R CORP | WRB | $2.9M | 42,658 | -0.01pp | 2q | -0.5%-$14.9K | |
| MERCK & CO INC | MRK | $2.9M | 19,631 | +0.03pp | 24q | +6.3%+$168.4K | |
| TRANE TECHNOLOGIES PLC | TT | $2.8M | 6,231 | -0.02pp | 3q | +0.9%+$24.5K | |
| COSTCO WHOLESALE CORPORATION | COST | $2.8M | 3,070 | -0.01pp | 2q | HELD | |
| TARGA RES CORP | TRGP | $2.8M | 10,226 | -0.04pp | 3q | -19.1%-$654.3K | |
| EMCOR GROUP INC | EME | $2.7M | 3,597 | -0.02pp | 2q | +0.8%+$22.7K | |
| BROADCOM INC | AVGO | $2.7M | 7,545 | flat | 26q | +7.6%+$188.1K | |
| WALMART INC | WMT | $2.6M | 25,275 | -0.02pp | 3q | HELD | |
| WHEATON PRECIOUS METALS CORP | WPM | $2.6M | 19,598 | +0.03pp | 17q | +1.7%+$45.1K | |
| DANAHER CORP DEL | DHR | $2.6M | 11,608 | +0.04pp | 13q | +11.5%+$265.7K | |
| MSCI INC | MSCI | $2.6M | 4,751 | -0.01pp | 19q | -1.1%-$28.6K | |
| HOWMET AEROSPACE INC | HWM | $2.5M | 11,196 | -0.03pp | 2q | +0.8%+$19.5K | |
| CANADIAN NAT RES LTD MED TER | CNQ | $2.5M | 53,059 | +0.03pp | 20q | +3.5%+$84.9K | |
| GENERAL MILLS INC | GIS | $2.3M | 73,000 | -0.01pp | 7q | HELD | |
| AMETEK INC | AME | $2.3M | 9,257 | +0.01pp | 11q | +3.4%+$76.0K | |
| TFI INTERNATIONAL INC | TFII | $2.3M | 18,857 | -0.02pp | 21q | +4.7%+$100.8K | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $2.2M | 14,653 | +0.03pp | 17q | +2.6%+$57.0K | |
| BROOKFIELD INFRASTRUCTURE PA | BIP | $2.2M | 62,526 | flat | 9q | +4.2%+$89.0K | |
| BROOKFIELD CORP | BN | $2.2M | 59,536 | -0.02pp | 16q | +5.3%+$109.1K | |
| ENBRIDGE INC | ENB | $2.1M | 45,481 | -0.03pp | 22q | HELD | |
| DEERE CO | DE | $2.1M | 3,098 | +0.02pp | 10q | +12.8%+$236.1K | |
| NOVARTIS AG | NVS | $2.1M | 14,360 | +0.01pp | 18q | +15.3%+$272.8K | |
| VERALTO CORP | VLTO | $1.9M | 20,291 | +0.03pp | 9q | +24.9%+$382.0K | |
| LINDE PLC | LIN | $1.9M | 3,935 | +0.01pp | 9q | +14.5%+$236.8K | |
| BECTON DICKINSON CO | BDX | $1.8M | 10,121 | +0.03pp | 14q | +13.7%+$218.4K | |
| UNILEVER PLC | UL | $1.8M | 29,234 | +0.01pp | 4q | +12.4%+$196.7K | |
| SPOTIFY TECHNOLOGY S A | SPOT | $1.8M | 3,612 | +0.01pp | 3q | HELD | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $1.8M | 3,830 | flat | 6q | +7.1%+$116.1K | |
| AON PLC | AON | $1.7M | 6,167 | -0.01pp | 10q | +15.2%+$225.7K | |
| CISCO SYS INC | CSCO | $1.6M | 14,853 | flat | 28q | +11.9%+$170.3K | |
| TEXAS INSTRS INC | TXN | $1.5M | 5,487 | flat | 24q | +3.5%+$52.8K | |
| METHANEX CORP | MEOH | $1.4M | 24,536 | +0.03pp | 11q | +6.4%+$86.7K | |
| Domino's Pizza, Inc. | DPZ | $1.4M | 4,770 | flat | 9q | +3.2%+$45.1K | |
| HEICO CORP NEW | HEI | $1.4M | 4,686 | -0.01pp | 7q | +2.3%+$31.9K | |
| WASTE MGMT INC DEL | WM | $1.4M | 6,928 | +0.02pp | 7q | +35.6%+$371.2K | |
| ALCON AG | ALC | $1.4M | 21,518 | +0.01pp | 3q | +19.8%+$230.4K | |
| HONEYWELL INTL INC | HON | $1.1M | 4,975 | +0.01pp | 2q | +27.8%+$228.6K | |
| STRYKER CORPORATION | SYK | $1.0M | 3,632 | - | new | NEW | |
| BOYD GROUP SERVICES INC | BGSI | $925.1K | 11,750 | -0.01pp | 4q | +10.2%+$86.0K | |
| TESLA INC | TSLA | $762.0K | 2,141 | -0.01pp | 10q | HELD | |
| ALGONQUIN POWER & UTILITIES | AQN | $704.5K | 139,788 | flat | 13q | +16.8%+$101.5K | |
| BENTLEY SYS INC | BSY | $647.3K | 20,196 | flat | 22q | HELD | |
| APPLE INC | AAPL | $645.1K | 1,931 | +0.01pp | 22q | +10.3%+$60.1K | |
| META PLATFORMS INC | META | $630.0K | 866 | +0.01pp | 7q | +1.8%+$10.9K | |
| DESCARTES SYS GROUP INC | DSGX | $572.7K | 7,058 | +0.01pp | 5q | +1.2%+$7.0K | |
| ROPER TECHNOLOGIES INC | ROP | $542.9K | 1,549 | flat | 23q | +1.3%+$7.0K | |
| TC ENERGY CORP | TRP | $528.5K | 9,101 | -0.01pp | 8q | -4.9%-$27.1K | |
| SUNCOR ENERGY INC NEW | SU | $413.7K | 6,083 | flat | 12q | -7.5%-$33.7K | |
| ALPHABET INC | GOOG | $380.8K | 1,114 | flat | 5q | +1.1%+$4.1K | |
| ISHARES TR | IGSB | $325.4K | 6,333 | flat | 12q | HELD | |
| ISHARES TR | IEI | $267.4K | 2,350 | flat | 12q | HELD | |
| THOMSON REUTERS CORP | TRI | $218.2K | 2,236 | -0.03pp | 2q | -73.3%-$598.9K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $360.6M | 25.0% |
| Business Services | $267.8M | 18.6% |
| Banks & Lending | $189.9M | 13.2% |
| Insurance | $146.7M | 10.2% |
| Retail & Consumer | $144.1M | 10.0% |
| Transport & Logistics | $110.4M | 7.7% |
| Telecom & Media | $55.5M | 3.9% |
| Food, Drink & Tobacco | $27.8M | 1.9% |
| Biotech & Pharma | $24.2M | 1.7% |
| Other sectors | $114.7M | 8.0% |
| Not classified | $592.9K | 0.0% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | +6.1% | +2.1% | +4.0% | 100% |
| Q2 2026 | +9.7% | +14.8% | -5.1% | 100% |
| Q1 2026 | -5.3% | -4.6% | -0.6% | 100% |
| Q4 2025 | +6.6% | +2.4% | +4.3% | 100% |
| Q3 2025 | +8.3% | +7.8% | +0.5% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.0% | 100% |
| Q1 2025 | -2.2% | -4.6% | +2.4% | 82% |
| Q4 2024 | -4.6% | +2.1% | -6.7% | 85% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $1.4B | 103 | 3 | 46 | 24 | 4 | 48.9% | 19 |
| Q2 2026 | $1.4B | 104 | 7 | 45 | 31 | 8 | 48.5% | 15 |
| Q1 2026 | $1.3B | 105 | 8 | 55 | 21 | 3 | 48.1% | 21 |
| Q4 2025 | $1.3B | 100 | 4 | 54 | 15 | 5 | 50.6% | 8 |
| Q3 2025 | $1.2B | 101 | 6 | 54 | 9 | 6 | 54.4% | 15 |
| Q2 2025 | $1.3B | 101 | 3 | 62 | 12 | 2 | 50.8% | 7 |
| Q1 2025 | $1.2B | 100 | 23 | 25 | 49 | 5 | 53.1% | 23 |
| Q4 2024 | $432.4M | 82 | 3 | 34 | 42 | 13 | 34.2% | 44 |
| Q3 2024 | $2.9B | 92 | 7 | 83 | 1 | 1 | 59.9% | 7 |
| Q2 2024 | $1.2B | 86 | 6 | 49 | 19 | 2 | 58.6% | 236 |
| Q1 2024 | $1.2B | 82 | 4 | 11 | 65 | 4 | 60.8% | 327 |
| Q4 2023 | $2.4B | 82 | 9 | 69 | 3 | 0 | 58.5% | 26 |
| Q3 2023 | $1.2B | 73 | 5 | 44 | 9 | 1 | 57.2% | 26 |
| Q2 2023 | $1.2B | 69 | 3 | 33 | 16 | 4 | 56.2% | 20 |
| Q1 2023 | $1.2B | 70 | 5 | 26 | 28 | 1 | 59.7% | 31 |
| Q4 2022 | $1.2B | 66 | 3 | 35 | 14 | 3 | 59.3% | 9 |
| Q3 2022 | $1.0B | 66 | 5 | 40 | 11 | 4 | 58.9% | 21 |
| Q2 2022 | $1.1B | 65 | 7 | 36 | 9 | 4 | 59.1% | 19 |
| Q1 2022 | $1.2B | 62 | 3 | 26 | 17 | 16 | 59.9% | 14 |
| Q4 2021 | $1.2B | 75 | 5 | 34 | 12 | 7 | 55.9% | 12 |
| Q3 2021 | $1.2B | 77 | 9 | 26 | 19 | 2 | 52.1% | 29 |
| Q2 2021 | $1.2B | 70 | 9 | 22 | 17 | 8 | 55.1% | 30 |
| Q1 2021 | $1.2B | 69 | 16 | 16 | 28 | 11 | 53.7% | 30 |
| Q4 2020 | $1.1B | 64 | 15 | 14 | 29 | 8 | 55.0% | 32 |
| Q3 2020 | $986.1M | 57 | 7 | 28 | 11 | 7 | 55.2% | 36 |
| Q2 2020 | $970.4M | 57 | 28 | 14 | 14 | 4 | 57.2% | 30 |
| Q1 2020 | $671.5M | 33 | 5 | 21 | 7 | 3 | 67.2% | 42 |
| Q4 2019 | $796.2M | 31 | 0 | 0 | 0 | 0 | 69.2% | 41 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.