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Lincluden Management Portfolio holdings
AUM
$939M
1-Year Est. Return
31.43%
This Fund
S&P 500
This Quarter
Est. Return
+9.05%
1 Year Est. Return
+31.43%
3 Year Est. Return
+47%
5 Year Est. Return
+49.95%
10 Year Est. Return
+133.14%
AUM
$1.04B
AUM Growth
+$11.7M
(+1.1%)
Cap. Flow
-$77.2M
Cap. Flow
% of AUM
-7.41%
Top 10 Holdings %
Top 10 Hldgs %
55.59%
Holding
79
New
6
Increased
3
Reduced
54
Closed
2
Top Buys
| 1 |
BPY
Brookfield Property Partners L.P. Limited Partnership Units
BPY
|
+$24.1M |
| 2 |
FirstService
FSV
|
+$9M |
| 3 |
GRP.U
Granite Real Estate Investment Trust
GRP.U
|
+$3.13M |
| 4 |
Canadian National Railway
CNI
|
+$1.7M |
| 5 |
Brookfield Renewable
BEP
|
+$1.53M |
Top Sells
| 1 |
Enbridge
ENB
|
+$20.8M |
| 2 |
Toronto Dominion Bank
TD
|
+$10.5M |
| 3 |
Royal Bank of Canada
RY
|
+$10.4M |
| 4 |
Canadian Imperial Bank of Commerce
CM
|
+$9.05M |
| 5 |
VRN
Veren
VRN
|
+$8.54M |
Sector Composition
| 1 | Financials | 37.65% |
| 2 | Communication Services | 21.93% |
| 3 | Real Estate | 10.39% |
| 4 | Energy | 10.19% |
| 5 | Consumer Discretionary | 5.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Toronto Dominion Bank
TD
$205B
| $93.6M | 8.98% |
1,335,337
-149,970
| -10% | -$10.5M |
|
|
2
Royal Bank of Canada
RY
$300B
| $93.2M | 8.94% |
919,818
-105,111
| -10% | -$10.4M |
|
3
BCE
BCE
$20.8B
| $58.8M | 5.64% |
1,191,845
+19,895
| +2% | +$964K |
|
|
4
Canadian Imperial Bank of Commerce
CM
$111B
| $58.5M | 5.61% |
1,028,110
-165,230
| -14% | -$9.05M |
|
5
Scotiabank
BNS
$110B
| $56.7M | 5.44% |
871,426
-89,240
| -9% | -$5.77M |
|
|
SJR
6
DELISTED
Shaw Communications Inc.
SJR
| $49.9M | 4.79% |
1,722,565
-221,199
| -11% | -$6.38M |
|
7
Rogers Communications
RCI
$18.9B
| $47.8M | 4.58% |
898,756
-70,077
| -7% | -$3.54M |
|
8
Telus
TU
$16.6B
| $46.3M | 4.44% |
2,065,042
-155,086
| -7% | -$3.36M |
|
9
Magna International
MGA
$17.9B
| $39M | 3.74% |
421,084
-59,775
| -12% | -$5.7M |
|
10
Brookfield
BN
$107B
| $35.7M | 3.43% |
1,299,295
-141,011
| -10% | -$3.61M |
|
|
11
Enbridge
ENB
$124B
| $35.6M | 3.41% |
888,843
-537,334
| -38% | -$20.8M |
|
12
Canadian Natural Resources
CNQ
$90.9B
| $31.6M | 3.03% |
1,777,004
-280,599
| -14% | -$4.62M |
|
13
Suncor Energy
SU
$73.7B
| $30.5M | 2.92% |
1,272,065
-181,657
| -12% | -$4.17M |
|
|
14
Canadian National Railway
CNI
$78.3B
| $28.8M | 2.77% |
273,224
+15,370
| +6% | +$1.7M |
|
|
BPY
15
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $25M | 2.39% |
+1,318,229
| New | +$24.1M |
|
16
Sun Life Financial
SLF
$45.3B
| $23M | 2.2% |
445,156
-55,851
| -11% | -$2.95M |
|
17
Pfizer
PFE
$145B
| $14M | 1.35% |
358,567
-20,910
| -6% | -$813K |
|
18
Verizon
VZ
$187B
| $12.1M | 1.16% |
215,304
-11,921
| -5% | -$684K |
|
19
Oracle
ORCL
$359B
| $12M | 1.15% |
154,636
-12,621
| -8% | -$988K |
|
|
GRP.U
20
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $12M | 1.15% |
179,697
+47,722
| +36% | +$3.13M |
|
21
Cisco
CSCO
$440B
| $11.6M | 1.12% |
219,451
-12,060
| -5% | -$634K |
|
|
WBA
22
DELISTED
Walgreens Boots Alliance
WBA
| $11.3M | 1.09% |
215,551
-14,426
| -6% | -$776K |
|
23
Federal Realty Investment Trust
FRT
$10.9B
| $10.4M | 1% |
88,859
-3,922
| -4% | -$445K |
|
|
24
FirstService
FSV
$6.97B
| $9.41M | 0.9% |
+54,860
| New | +$9M |
|
25
Wells Fargo
WFC
$270B
| $9.07M | 0.87% |
200,262
-20,252
| -9% | -$904K |
|
Similar funds
LG
IFWM
PGA
OCM
SAM
MPMG
CM
NM
Lincluden Management's Q2 2021 Portfolio in Review
As of Q2 2021, Lincluden Management held 79 positions worth $1.04B, up 1.1% from $1.03B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Lincluden Management withdrew a net $77.2M in Q2 2021, closing 2 positions and reducing 54 holdings. Its most notable exit was Veren, an estimated $8.54M position sold in full.
By sector, the portfolio is most concentrated in Financials at 38% of assets, down from 39% a quarter earlier, followed by Communication Services and Real Estate.
Against the trend, Lincluden Management opened a new position in Brookfield Property Partners L.P. Limited Partnership Units worth $25M.
- Lincluden Management's largest Q2 2021 buy was Brookfield Property Partners L.P. Limited Partnership Units: 1,318,229 shares worth $25M.
- Lincluden Management added most to Granite Real Estate Investment Trust in Q2 2021, an estimated $3.13M increase.
- Lincluden Management's biggest Q2 2021 reduction was Enbridge, cutting an estimated $20.8M.
- Lincluden Management fully exited Veren in Q2 2021, selling an estimated $8.54M.
- Lincluden Management's ten largest holdings make up 56% of its $1.04B portfolio in Q2 2021.
- Lincluden Management opened 6 new positions and closed 2 in Q2 2021.
- Lincluden Management's portfolio value rose 1.1% quarter-over-quarter to $1.04B.
Based on Lincluden Management's 13F filing for Q2 2021, filed 12 Aug 2021.