CIDEL ASSET MANAGEMENT INC

TORONTO, A6 · CIK 1621915 · 13F filing filed 2026-07-17

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityCIDEL ASSET MANAGEMENT INC. (CA)

Others nearbyToronto

$2.1bn reported value +13.4% vs Q1 2026

480positions

28.3%in top 10

55 new 227 added 123 reduced 11 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ROYAL BK CDA COM RY	RY	521,130	$107.9m5.19%	5.19%	Reduced -32.3k	-32,341 -5.8%
2	APPLE INC COM AAPL	AAPL	280,800	$81.3m3.91%	3.91%	Added +87.4k	+87,427 45.2%
3	NVIDIA CORPORATION COM NVDA	NVDA	276,581	$55.3m2.66%	2.66%	Added +51.1k	+51,100 22.7%
4	TORONTO DOMINION BK ONT COM NEW TD	TD	448,298	$54.5m2.62%	2.62%	Reduced -124.4k	-124,444 -21.7%
5	BANK MONTREAL QUE COM BMO	BMO	294,015	$51.9m2.50%	2.50%	Added +163.4k	+163,407 125.1%
6	FORTIS INC COM FTS	FTS	906,780	$51.9m2.50%	2.50%	Reduced -74.4k	-74,436 -7.6%
7	MICROSOFT CORP COM MSFT	MSFT	132,721	$49.5m2.38%	2.38%	Added +7.5k	+7,533 6.0%
8	CANADIAN NATL RY CO COM CNI	CNI	403,673	$48.2m2.32%	2.32%	Reduced -111.7k	-111,684 -21.7%
9	ASTRAZENECA PLC ORD AZN	AZN	234,663	$44.5m2.14%	2.14%	Reduced -44.8k	-44,827 -16.0%
10	VISA INC COM CL A V	V	128,445	$44.1m2.12%	2.12%	Added +2.0k	+2,024 1.6%
11	RB GLOBAL INC COM RBA	RBA	377,328	$43.9m2.11%	2.11%	Reduced -222.5k	-222,463 -37.1%
12	CANADIAN IMPERIAL BANK OF CO COM CM	CM	380,736	$43.8m2.11%	2.11%	Reduced -109.0k	-109,017 -22.3%
13	AMAZON COM INC COM AMZN	AMZN	163,648	$39.0m1.88%	1.88%	Added +47.3k	+47,337 40.7%
14	RESTAURANT BRANDS INTL INC COM QSR	QSR	526,104	$38.1m1.84%	1.84%	Reduced -167.0k	-167,012 -24.1%
15	MANULIFE FINL CORP COM MFC	MFC	827,626	$33.6m1.61%	1.61%	Added +411.4k	+411,420 98.8%
16	WASTE CONNECTIONS INC COM WCN	WCN	198,091	$33.0m1.59%	1.59%	Added +8.0k	+8,025 4.2%
17	JPMORGAN CHASE & CO COM JPM	JPM	97,432	$31.9m1.53%	1.53%	Added +3.4k	+3,446 3.7%
18	CMS ENERGY CORP COM CMS	CMS	405,656	$31.0m1.49%	1.49%	Added +7.5k	+7,524 1.9%
19	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	353,888	$30.7m1.48%	1.48%	Added +192.4k	+192,388 119.1%
20	COCA COLA CO COM KO	KO	361,934	$29.4m1.42%	1.42%	Added +345.4k	+345,417 2091.3%
21	JACOBS SOLUTIONS INC COM J	J	227,076	$28.6m1.38%	1.38%	Reduced -62.6k	-62,565 -21.6%
22	WEC ENERGY GROUP INC COM WEC	WEC	222,312	$26.0m1.25%	1.25%	Added +4.5k	+4,509 2.1%
23	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	12,811	$25.5m1.23%	1.23%	Added +2.5k	+2,534 24.7%
24	ELI LILLY & CO COM LLY	LLY	19,854	$23.8m1.15%	1.15%	Added +186	+186 0.9%
25	MICRON TECHNOLOGY INC COM MU	MU	20,468	$23.6m1.14%	1.14%	Added +778	+778 4.0%
26	RIO TINTO PLC SPONSORED ADR RIO	RIO	241,718	$22.9m1.10%	1.10%	Added +121.5k	+121,537 101.1%
27	CONOCOPHILLIPS COM COP	COP	213,080	$22.2m1.07%	1.07%	Added +1.9k	+1,878 0.9%
28	CANADIAN PACIFIC KANSAS CITY COM CP	CP	255,538	$22.1m1.07%	1.07%	Reduced -142.8k	-142,787 -35.9%
29	MARRIOTT INTL INC NEW CL A MAR	MAR	59,376	$22.0m1.06%	1.06%	Reduced -26.6k	-26,627 -31.0%
30	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	50,865	$21.1m1.02%	1.02%	Added +7.6k	+7,644 17.7%
31	COLGATE PALMOLIVE CO COM CL	CL	227,054	$20.8m1.00%	1.00%	Reduced -93.9k	-93,853 -29.2%
32	ABBOTT LABS COM ABT	ABT	227,603	$20.7m0.99%	0.99%	Reduced -184.8k	-184,792 -44.8%
33	SUNCOR ENERGY INC NEW COM SU	SU	376,897	$20.3m0.98%	0.98%	Added +237.6k	+237,609 170.6%
34	TE CONNECTIVITY PLC ORD SHS TEL	TEL	100,484	$20.3m0.97%	0.97%	New
35	ADVANCED MICRO DEVICES INC COM AMD	AMD	34,494	$20.0m0.96%	0.96%	Reduced -21.6k	-21,579 -38.5%
36	CANADIAN NAT RES LTD COM CNQ	CNQ	491,355	$19.4m0.94%	0.94%	Added +327.0k	+326,962 198.9%
37	AGNICO EAGLE MINES LTD COM AEM	AEM	123,011	$19.1m0.92%	0.92%	Added +109.3k	+109,271 795.3%
38	INVESCO EXCH TRADED FD TR II FTSE RAFI EMNG PXH	PXH	658,764	$18.4m0.88%	0.88%	Added +39.0k	+38,952 6.3%
39	SAP SE SPON ADR SAP	SAP	111,952	$17.3m0.83%	0.83%	Reduced -31.8k	-31,804 -22.1%
40	WASTE MGMT INC DEL COM WM	WM	74,689	$16.6m0.80%	0.80%	Added +4.4k	+4,398 6.3%
41	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	78,090	$16.6m0.80%	0.80%	Unchanged
42	GENTEX CORP COM GNTX	GNTX	655,732	$16.6m0.80%	0.80%	Added +8.3k	+8,307 1.3%
43	FRANCO NEV CORP COM FNV	FNV	78,265	$16.3m0.79%	0.79%	Added +75.8k	+75,763 3028.1%
44	WHEATON PRECIOUS METALS CORP COM WPM	WPM	137,538	$15.5m0.74%	0.74%	Added +135.8k	+135,818 7896.4%
45	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	58,359	$15.3m0.73%	0.73%	Reduced -42.4k	-42,366 -42.1%
46	CENOVUS ENERGY INC COM CVE	CVE	589,828	$14.6m0.70%	0.70%	New
47	PEMBINA PIPELINE CORP COM PBA	PBA	307,057	$14.2m0.68%	0.68%	Added +55.4k	+55,401 22.0%
48	STAGWELL INC COM CL A STGW	STGW	1,878,426	$14.0m0.67%	0.67%	Reduced -161.3k	-161,254 -7.9%
49	PROCTER AND GAMBLE CO COM PG	PG	95,112	$13.9m0.67%	0.67%	Added +2.6k	+2,587 2.8%
50	CBOE GLOBAL MKTS INC COM CBOE	CBOE	56,417	$13.7m0.66%	0.66%	Reduced -23.0k	-22,952 -28.9%
51	DARDEN RESTAURANTS INC COM DRI	DRI	64,239	$13.2m0.64%	0.64%	Added +23.5k	+23,502 57.7%
52	NETFLIX INC COM NFLX	NFLX	184,045	$13.1m0.63%	0.63%	Added +57.5k	+57,500 45.4%
53	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	26,273	$12.5m0.60%	0.60%	Added +22.2k	+22,223 548.7%
54	ALPHABET INC CAP STK CL A GOOGL	GOOGL	34,778	$12.4m0.60%	0.60%	Reduced -2.5k	-2,470 -6.6%
55	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	123,643	$11.6m0.56%	0.56%	Reduced -4.2k	-4,217 -3.3%
56	CGI INC CL A SUB VTG GIB	GIB	168,349	$10.9m0.52%	0.52%	Reduced -161.9k	-161,864 -49.0%
57	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	14,528	$10.0m0.48%	0.48%	Reduced -2.2k	-2,174 -13.0%
58	ALPHABET INC CAP STK CL C GOOG	GOOG	26,991	$9.5m0.46%	0.46%	Reduced -1.7k	-1,669 -5.8%
59	TESLA INC COM TSLA	TSLA	21,851	$9.2m0.44%	0.44%	Reduced -31	-31 -0.1%
60	INTEL CORP COM INTC	INTC	62,985	$8.8m0.42%	0.42%	Reduced -24.0k	-23,960 -27.6%
61	STANTEC INC COM STN	STN	126,734	$8.7m0.42%	0.42%	Reduced -37.0k	-36,990 -22.6%
62	BOYD GROUP SERVICES INC COM BGSI	BGSI	91,914	$8.7m0.42%	0.42%	Reduced -61.0k	-60,995 -39.9%
63	MOODYS CORP COM MCO	MCO	18,586	$8.4m0.41%	0.41%	New
64	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	16,526	$8.3m0.40%	0.40%	Added +4.8k	+4,809 41.0%
65	DESCARTES SYS GROUP INC COM DSGX	DSGX	117,757	$8.2m0.39%	0.39%	Reduced -3.5k	-3,547 -2.9%
66	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	10	$7.5m0.36%	0.36%	Unchanged
67	EXXON MOBIL CORP COM XOM	XOM	54,372	$7.4m0.36%	0.36%	Reduced -1.1k	-1,080 -1.9%
68	CAMECO CORP COM CCJ	CCJ	70,000	$7.1m0.34%	0.34%	Reduced -5.0k	-5,000 -6.7%
69	TFI INTL INC COM TFII	TFII	49,098	$7.1m0.34%	0.34%	Added +1.0k	+1,020 2.1%
70	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	95,913	$6.8m0.33%	0.33%	Reduced -432	-432 -0.5%
71	CAE INC COM CAE	CAE	269,136	$6.7m0.32%	0.32%	New
72	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	28,070	$6.6m0.32%	0.32%	Unchanged
73	INVESCO EXCHANGE TRADED FD T RAFI US 1000 ETF PRF	PRF	118,132	$6.4m0.31%	0.31%	Added +2.2k	+2,208 1.9%
74	CHEVRON CORP NEW COM CVX	CVX	33,565	$5.6m0.27%	0.27%	Added +240	+240 0.7%
75	UNITEDHEALTH GROUP INC COM UNH	UNH	13,198	$5.5m0.26%	0.26%	Added +441	+441 3.5%
76	NATIONAL GRID PLC SPONSORED ADR NE NGG	NGG	61,790	$5.1m0.25%	0.25%	Reduced -12.9k	-12,928 -17.3%
77	NUTRIEN LTD COM NTR	NTR	79,717	$5.0m0.24%	0.24%	Added +75.1k	+75,141 1642.1%
78	BBB FOODS INC CL A COM TBBB	TBBB	118,334	$4.9m0.24%	0.24%	New
79	META PLATFORMS INC CL A META	META	8,703	$4.9m0.24%	0.24%	Added +918	+918 11.8%
80	SCHWAB STRATEGIC TR FUNDAMENTAL US L FNDX	FNDX	155,097	$4.8m0.23%	0.23%	Unchanged
81	BANK AMERICA CORP COM BAC	BAC	77,057	$4.4m0.21%	0.21%	Added +1.6k	+1,608 2.1%
82	HUBBELL INC COM HUBB	HUBB	8,072	$4.2m0.20%	0.20%	Reduced -19	-19 -0.2%
83	JOHNSON & JOHNSON COM JNJ	JNJ	16,136	$4.1m0.20%	0.20%	Added +13	+13 0.1%
84	WALMART INC COM WMT	WMT	35,910	$4.1m0.20%	0.20%	Added +3.9k	+3,898 12.2%
85	CVS HEALTH CORP COM CVS	CVS	38,234	$4.0m0.19%	0.19%	Reduced -1.3k	-1,331 -3.4%
86	HALEON PLC SPON ADS HLN	HLN	423,205	$3.9m0.19%	0.19%	Reduced -50.5k	-50,487 -10.7%
87	ISHARES TR CORE S&P500 ETF IVV	IVV	5,009	$3.8m0.18%	0.18%	Unchanged
88	VERIZON COMMUNICATIONS INC COM VZ	VZ	83,905	$3.6m0.17%	0.17%	Added +3.7k	+3,680 4.6%
89	WELLS FARGO CO NEW COM WFC	WFC	41,427	$3.4m0.16%	0.16%	Added +2.7k	+2,659 6.9%
90	BROADCOM INC COM AVGO	AVGO	8,855	$3.3m0.16%	0.16%	Added +3.7k	+3,740 73.1%
91	NEXTERA ENERGY INC COM NEE	NEE	37,424	$3.3m0.16%	0.16%	Added +2.9k	+2,925 8.5%
92	CISCO SYS INC COM CSCO	CSCO	27,459	$3.2m0.16%	0.16%	Reduced -2.8k	-2,833 -9.3%
93	CITIGROUP INC COM NEW C	C	22,314	$3.1m0.15%	0.15%	Reduced -2.4k	-2,370 -9.6%
94	ANALOG DEVICES INC COM ADI	ADI	7,331	$2.9m0.14%	0.14%	Added +2.3k	+2,276 45.0%
95	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	21,564	$2.8m0.14%	0.14%	Reduced -142	-142 -0.7%
96	MERCADOLIBRE INC COM MELI	MELI	1,636	$2.8m0.13%	0.13%	Reduced -163	-163 -9.1%
97	ENBRIDGE INC COM ENB	ENB	50,063	$2.7m0.13%	0.13%	Added +1.3k	+1,295 2.7%
98	COMCAST CORP NEW CL A CMCSA	CMCSA	109,575	$2.7m0.13%	0.13%	Added +11.5k	+11,459 11.7%
99	COSTCO WHSL CORP NEW COM COST	COST	2,825	$2.6m0.13%	0.13%	Added +139	+139 5.2%
100	AT&T INC COM T	T	124,266	$2.6m0.12%	0.12%	Added +8.9k	+8,863 7.7%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
THOMSON REUTERS CORP		107,248	$9.6m107.2k shares
HONEYWELL INTL INC		2,152	$973.1k2.2k shares
RELX PLC RELX	RELX	11,724	$388.6k11.7k shares
DUPONT DE NEMOURS INC DWDP	DWDP	2,703	$371.4k2.7k shares
COTERRA ENERGY INC CTRA	CTRA	9,123	$320.6k9.1k shares
ISHARES TR EEM	EEM	5,633	$319.9k5.6k shares
ALCOA CORP AA	AA	3,892	$258.2k3.9k shares
CELANESE CORP DEL CE	CE	3,648	$239.9k3.6k shares
ALBEMARLE CORP ALB	ALB	1,277	$229.3k1.3k shares
OLIN CORP OLN	OLN	7,140	$212.3k7.1k shares
TAPESTRY INC TPR	TPR	1,439	$203.2k1.4k shares