DORCHESTER WEALTH MANAGEMENT Co

MONTREAL, A8 · CIK 1649888 · 13F filing filed 2025-02-04

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.

Others nearbyMontréal

$501.3m reported value -8.5% vs Q3 2024

146positions

37.5%in top 10

7 new 36 added 66 reduced 23 sold out vs Q3 2024

Holdings, Q4 2024

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	APPLE INC COM AAPL	AAPL	207,802	$52.0m10.38%	10.38%	Reduced -45.6k	-45,552 -18.0%
2	BANK MONTREAL QUE COM BMO	BMO	183,463	$17.7m3.52%	3.52%	Added +788	+788 0.4%
3	ALPHABET INC CAP STK CL C GOOG	GOOG	91,564	$17.4m3.48%	3.48%	Reduced -4.3k	-4,293 -4.5%
4	TORONTO DOMINION BK ONT COM NEW TD	TD	302,234	$15.8m3.16%	3.16%	Reduced -812	-812 -0.3%
5	ROYAL BK CDA COM RY	RY	123,052	$14.8m2.96%	2.96%	Reduced -10.6k	-10,648 -8.0%
6	WALMART INC COM WMT	WMT	159,710	$14.4m2.88%	2.88%	Reduced -7.9k	-7,878 -4.7%
7	ENBRIDGE INC COM ENB	ENB	341,353	$14.3m2.85%	2.85%	Reduced -1.4k	-1,385 -0.4%
8	JPMORGAN CHASE & CO COM JPM	JPM	58,741	$14.1m2.81%	2.81%	Reduced -560	-560 -0.9%
9	MANULIFE FINL CORP COM MFC	MFC	459,423	$14.0m2.79%	2.79%	Reduced -6.6k	-6,639 -1.4%
10	CISCO SYS INC COM CSCO	CSCO	227,935	$13.5m2.69%	2.69%	Added +570	+570 0.2%
11	SUNCOR ENERGY INC NEW COM SU	SU	386,750	$13.2m2.64%	2.64%	Reduced -896	-896 -0.2%
12	TC ENERGY CORP COM TRP	TRP	265,181	$12.2m2.43%	2.43%	Reduced -3.6k	-3,640 -1.4%
13	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	216,142	$11.5m2.30%	2.30%	Added +2.7k	+2,686 1.3%
14	ORACLE CORP COM ORCL	ORCL	65,305	$10.9m2.17%	2.17%	Reduced -935	-935 -1.4%
15	JOHNSON & JOHNSON COM JNJ	JNJ	75,027	$10.8m2.16%	2.16%	Added +1.4k	+1,384 1.9%
16	CGI INC CL A SUB VTG GIB	GIB	93,521	$10.0m2.00%	2.00%	Added +3.5k	+3,464 3.9%
17	ROGERS COMMUNICATIONS INC CL B RCI	RCI	317,971	$9.7m1.93%	1.93%	Added +73.6k	+73,618 30.1%
18	CANADIAN NATL RY CO COM CNI	CNI	93,054	$9.4m1.87%	1.87%	Added +939	+939 1.0%
19	MICROSOFT CORP COM MSFT	MSFT	20,723	$8.7m1.74%	1.74%	Added +5.5k	+5,482 36.0%
20	PHILIP MORRIS INTL INC COM PM	PM	71,056	$8.6m1.71%	1.71%	Reduced -110	-110 -0.1%
21	PEPSICO INC COM PEP	PEP	55,180	$8.4m1.67%	1.67%	Added +840	+840 1.6%
22	PFIZER INC COM PFE	PFE	294,077	$7.8m1.56%	1.56%	Reduced -235	-235 -0.1%
23	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	34,858	$7.7m1.53%	1.53%	Reduced -11.9k	-11,910 -25.5%
24	COMCAST CORP NEW CL A CMCSA	CMCSA	199,705	$7.5m1.50%	1.50%	Reduced -575	-575 -0.3%
25	KENVUE INC COM KVUE	KVUE	344,070	$7.3m1.47%	1.47%	Reduced -3.2k	-3,200 -0.9%
26	OPEN TEXT CORP COM OTEX	OTEX	256,149	$7.1m1.42%	1.42%	Added +3.0k	+2,965 1.2%
27	CANADIAN NAT RES LTD COM CNQ	CNQ	229,729	$7.0m1.40%	1.40%	Added +1.9k	+1,885 0.8%
28	FEDEX CORP COM FDX	FDX	24,391	$6.9m1.37%	1.37%	Reduced -28	-28 -0.1%
29	COSTCO WHSL CORP NEW COM COST	COST	7,395	$6.8m1.35%	1.35%	Added +100	+100 1.4%
30	AGNICO EAGLE MINES LTD COM AEM	AEM	94,901	$6.4m1.29%	1.29%	Reduced -65	-65 -0.1%
31	BROOKFIELD BUSINESS PARTNERS UNIT LTD L P UNIT LTD L P		244,547	$5.6m1.12%	1.12%	Reduced -2.2k	-2,165 -0.9%
32	CVS HEALTH CORP COM CVS	CVS	122,445	$5.5m1.10%	1.10%	Reduced -12.4k	-12,370 -9.2%
33	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	157,515	$5.3m1.07%	1.07%	Reduced -1.7k	-1,660 -1.0%
34	ALPHABET INC CAP STK CL A GOOGL	GOOGL	26,014	$4.9m0.98%	0.98%	Reduced -274	-274 -1.0%
35	DISNEY WALT CO COM DIS	DIS	41,588	$4.6m0.92%	0.92%	Added +4.8k	+4,845 13.2%
36	NEWMONT CORP COM NEM	NEM	150,410	$4.6m0.92%	0.92%	Reduced -1.8k	-1,817 -1.2%
37	VISA INC COM CL A V	V	14,105	$4.5m0.89%	0.89%	Reduced -5.1k	-5,055 -26.4%
38	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	9,298	$4.2m0.84%	0.84%	Reduced -84	-84 -0.9%
39	VIATRIS INC COM VTRS	VTRS	324,875	$4.0m0.81%	0.81%	Reduced -9.5k	-9,475 -2.8%
40	AMAZON COM INC COM AMZN	AMZN	18,130	$4.0m0.79%	0.79%	Added +62	+62 0.3%
41	COMFORT SYS USA INC COM FIX	FIX	9,360	$4.0m0.79%	0.79%	Reduced -150	-150 -1.6%
42	MCDONALDS CORP COM MCD	MCD	13,034	$3.8m0.75%	0.75%	Reduced -195	-195 -1.5%
43	CENOVUS ENERGY INC COM CVE	CVE	222,071	$3.1m0.62%	0.62%	Added +4.2k	+4,160 1.9%
44	BROOKFIELD BUSINESS CORP CL A EXC SUB VTG CL A EXC SUB VTG		118,001	$2.8m0.55%	0.55%	Added +138	+138 0.1%
45	TELUS CORPORATION COM TU	TU	192,634	$2.6m0.52%	0.52%	Added +17.5k	+17,472 10.0%
46	NVIDIA CORPORATION COM NVDA	NVDA	19,324	$2.6m0.52%	0.52%	New
47	NIKE INC CL B NKE	NKE	31,517	$2.4m0.48%	0.48%	Reduced -1.1k	-1,140 -3.5%
48	ZOETIS INC CL A ZTS	ZTS	13,371	$2.2m0.43%	0.43%	Reduced -400	-400 -2.9%
49	SUN LIFE FINANCIAL INC. COM SLF	SLF	35,192	$2.1m0.42%	0.42%	Reduced -131	-131 -0.4%
50	BROOKFIELD CORP CL A LTD VT SH BN	BN	35,920	$2.1m0.41%	0.41%	Reduced -697	-697 -1.9%
51	TRANSALTA CORP COM TAC	TAC	139,600	$2.0m0.39%	0.39%	Reduced -2.2k	-2,200 -1.6%
52	CANADIAN IMPERIAL BANK OF CO COM CM	CM	30,601	$1.9m0.39%	0.39%	Reduced -1.0k	-1,000 -3.2%
53	FISERV INC COM FISV	FISV	9,247	$1.9m0.38%	0.38%	Reduced -50	-50 -0.5%
54	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	5,215	$1.6m0.31%	0.31%	Unchanged
55	VERIZON COMMUNICATIONS INC COM VZ	VZ	39,118	$1.6m0.31%	0.31%	Reduced -895	-895 -2.2%
56	BCE INC COM NEW BCE	BCE	66,301	$1.5m0.31%	0.31%	Reduced -308.6k	-308,593 -82.3%
57	CORNING INC COM GLW	GLW	32,062	$1.5m0.30%	0.30%	Unchanged
58	META PLATFORMS INC CL A META	META	2,466	$1.4m0.29%	0.29%	Added +35	+35 1.4%
59	ISHARES TR US AER DEF ETF ITA	ITA	9,820	$1.4m0.28%	0.28%	Added +550	+550 5.9%
60	LOWES COS INC COM LOW	LOW	5,495	$1.4m0.27%	0.27%	Added +1.2k	+1,190 27.6%
61	UNITEDHEALTH GROUP INC COM UNH	UNH	2,631	$1.3m0.27%	0.27%	Reduced -903	-903 -25.6%
62	GILEAD SCIENCES INC COM GILD	GILD	14,158	$1.3m0.26%	0.26%	Reduced -200	-200 -1.4%
63	HOME DEPOT INC COM HD	HD	3,334	$1.3m0.26%	0.26%	Reduced -70	-70 -2.1%
64	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,141	$1.3m0.25%	0.25%	Reduced -110	-110 -4.9%
65	NETFLIX INC COM NFLX	NFLX	1,381	$1.2m0.25%	0.25%	Reduced -2	-2 -0.1%
66	ABBVIE INC COM ABBV	ABBV	6,745	$1.2m0.24%	0.24%	Added +190	+190 2.9%
67	CITIGROUP INC COM NEW C	C	16,907	$1.2m0.24%	0.24%	Unchanged
68	PROCTER AND GAMBLE CO COM PG	PG	6,838	$1.1m0.23%	0.23%	Reduced -50	-50 -0.7%
69	YETI HLDGS INC COM YETI	YETI	28,965	$1.1m0.22%	0.22%	Reduced -1.0k	-1,000 -3.3%
70	ALAMOS GOLD INC NEW COM CL A AGI	AGI	60,092	$1.1m0.22%	0.22%	Reduced -92	-92 -0.1%
71	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	19,340	$1.1m0.22%	0.22%	Unchanged
72	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	4,610	$1.1m0.21%	0.21%	Unchanged
73	MASTERCARD INCORPORATED CL A MA	MA	1,928	$1.0m0.20%	0.20%	Added +783	+783 68.4%
74	BROOKFIELD INFRAST PARTNERS LP INT UNIT BIP	BIP	36,245	$1.0m0.20%	0.20%	Added +10.5k	+10,465 40.6%
75	COLGATE PALMOLIVE CO COM CL	CL	10,606	$964.2k0.19%	0.19%	Unchanged
76	PAYPAL HLDGS INC COM PYPL	PYPL	10,655	$909.4k0.18%	0.18%	Added +70	+70 0.7%
77	BANK AMERICA CORP COM BAC	BAC	20,641	$907.2k0.18%	0.18%	Reduced -1.0k	-1,000 -4.6%
78	PEMBINA PIPELINE CORP COM PBA	PBA	23,526	$868.3k0.17%	0.17%	Reduced -125	-125 -0.5%
79	TJX COS INC NEW COM TJX	TJX	6,465	$781.0k0.16%	0.16%	Unchanged
80	CANADIAN PACIFIC KANSAS CITY COM CP	CP	10,739	$776.8k0.15%	0.15%	Added +11	+11 0.1%
81	MERCK & CO INC COM MRK	MRK	7,545	$750.6k0.15%	0.15%	Unchanged
82	GOLDMAN SACHS GROUP INC COM GS	GS	1,197	$685.4k0.14%	0.14%	Unchanged
83	CAE INC COM CAE	CAE	23,483	$595.7k0.12%	0.12%	Reduced -268	-268 -1.1%
84	STARBUCKS CORP COM SBUX	SBUX	6,215	$567.1k0.11%	0.11%	Unchanged
85	ISHARES INC MSCI CDA ETF EWC	EWC	12,991	$523.5k0.10%	0.10%	Unchanged
86	CHEVRON CORP NEW COM CVX	CVX	3,550	$514.2k0.10%	0.10%	Reduced -130	-130 -3.5%
87	SOUTH BOW CORP COM SOBO	SOBO	22,422	$511.4k0.10%	0.10%	New
88	NUTRIEN LTD COM NTR	NTR	11,635	$502.2k0.10%	0.10%	Added +2.3k	+2,284 24.4%
89	EXXON MOBIL CORP COM XOM	XOM	4,600	$494.8k0.10%	0.10%	New
90	AT&T INC COM T	T	21,689	$493.9k0.10%	0.10%	Reduced -3.5k	-3,482 -13.8%
91	FIVE9 INC COM FIVN	FIVN	12,125	$492.8k0.10%	0.10%	Added +1.1k	+1,125 10.2%
92	ASA GOLD AND PRECIOUS MTLS L SHS ASA	ASA	23,925	$483.8k0.10%	0.10%	Reduced -100	-100 -0.4%
93	ISHARES TR RUSSELL 2000 ETF IWM	IWM	2,165	$478.4k0.10%	0.10%	Added +100	+100 4.8%
94	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	8,702	$471.5k0.09%	0.09%	Unchanged
95	FORTIS INC COM FTS	FTS	11,351	$471.2k0.09%	0.09%	Added +20	+20 0.2%
96	BROOKFIELD RENEWABLE PARTNER PARTNERSHIP UNIT BEP	BEP	26,948	$468.4k0.09%	0.09%	Reduced -150	-150 -0.6%
97	SALESFORCE INC COM CRM	CRM	1,400	$468.1k0.09%	0.09%	Unchanged
98	STANLEY BLACK & DECKER INC COM SWK	SWK	5,800	$465.7k0.09%	0.09%	Unchanged
99	INTEL CORP COM INTC	INTC	22,570	$452.5k0.09%	0.09%	Added +1.9k	+1,935 9.4%
100	ABBOTT LABS COM ABT	ABT	3,908	$442.0k0.09%	0.09%	Unchanged

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
WILLIS TOWERS WATSON PLC LTD WTW	WTW	26,167	$7.7m26.2k shares
METTLER TOLEDO INTERNATIONAL MTD	MTD	2,065	$3.1m2.1k shares
ACCENTURE PLC IRELAND ACN	ACN	7,982	$2.8m8.0k shares
BERKSHIRE HATHAWAY INC DEL BRK.A	BRK.A	2	$1.4m2 shares
TELEFONAKTIEBOLAGET LM ERICS ERIC	ERIC	85,350	$647.0k85.3k shares
VODAFONE GROUP PLC NEW VOD	VOD	61,131	$612.5k61.1k shares
MEDTRONIC PLC MDT	MDT	6,072	$546.7k6.1k shares
TFI INTL INC TFII	TFII	3,521	$482.3k3.5k shares
NOVARTIS AG NVS	NVS	2,845	$327.2k2.8k shares
MERCADOLIBRE INC MELI	MELI	155	$318.1k155 shares
DIAGEO PLC DEO	DEO	2,140	$300.3k2.1k shares
STEEL DYNAMICS INC STLD	STLD	2,000	$252.2k2.0k shares
BROOKFIELD RENEWABLE CORP		8,338	$250.2k8.3k shares
ANHEUSER BUSCH INBEV SA/NV BUD	BUD	3,500	$232.0k3.5k shares
ASML HOLDING N V ASML	ASML	255	$212.5k255 shares
SPDR INDEX SHS FDS FEZ	FEZ	3,975	$211.6k4.0k shares
KRAFT HEINZ CO KHC	KHC	5,959	$209.2k6.0k shares
ISHARES TR IYM	IYM	1,365	$205.8k1.4k shares
BP PLC BP	BP	6,475	$203.2k6.5k shares
TELEFONICA BRASIL SA VIV	VIV	12,500	$128.4k12.5k shares
WARNER BROS DISCOVERY INC WBD	WBD	10,299	$85.0k10.3k shares
AQUA METALS INC		53,400	$10.0k53.4k shares
NUVEI CORPORATION NVEI	NVEI	548,400	$8.3k548.4k shares