We are live on
!
Find out more
NWM
Nicola Wealth Management Portfolio holdings
AUM
$833M
1-Year Est. Return
20.94%
This Fund
S&P 500
This Quarter
Est. Return
-0.96%
1 Year Est. Return
+20.94%
3 Year Est. Return
+48.3%
5 Year Est. Return
+61.97%
10 Year Est. Return
–
AUM
$833M
AUM Growth
-$266M
(-24%)
Cap. Flow
-$245M
Cap. Flow
% of AUM
-29.36%
Top 10 Holdings %
Top 10 Hldgs %
28.76%
Holding
68
New
3
Increased
16
Reduced
21
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$15.9M |
| 2 |
Stantec
STN
|
+$13M |
| 3 |
Moody's
MCO
|
+$11.9M |
| 4 |
Motorola Solutions
MSI
|
+$9.96M |
| 5 |
Brookfield Asset Management
BAM
|
+$8.89M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TC Energy
TRP
|
+$110M |
| 2 |
Scotiabank
BNS
|
+$100M |
| 3 |
Toronto Dominion Bank
TD
|
+$17.1M |
| 4 |
Pembina Pipeline
PBA
|
+$13.7M |
| 5 |
Deere & Co
DE
|
+$10.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.51% |
| 2 | Industrials | 18.01% |
| 3 | Financials | 14.92% |
| 4 | Communication Services | 13.14% |
| 5 | Energy | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Plexus
PLXS
$6.72B
| $5.87M | 0.71% |
29,000
-17,000
| -37% | -$3.23M |
|
52
Benchmark Electronics
BHE
$2.87B
| $5.7M | 0.68% |
101,600
-23,000
| -18% | -$1.24M |
|
53
Coca-Cola Consolidated
COKE
$12.5B
| $5.68M | 0.68% |
29,600
-11,000
| -27% | -$1.93M |
|
54
Resideo Technologies
REZI
$5.19B
| $5.31M | 0.64% |
157,600
| – | – |
|
55
Silgan Holdings
SLGN
$4.23B
| $5.31M | 0.64% |
136,900
| – | – |
|
56
Carter's
CRI
$1.42B
| $5.05M | 0.61% |
141,100
-38,000
| -21% | -$1.38M |
|
57
Brink's
BCO
$4.88B
| $4.93M | 0.59% |
47,600
| – | – |
|
58
Perrigo
PRGO
$1.4B
| $3.91M | 0.47% |
364,000
+83,000
| +30% | +$1.07M |
|
59
Ionis Pharmaceuticals
IONS
$8.6B
| $3.9M | 0.47% |
52,000
-35,000
| -40% | -$2.76M |
|
|
PDS
60
Precision Drilling
PDS
$999M
| $2.75M | 0.33% |
28,000
| – | – |
|
61
Nabors Industries
NBR
$1.27B
| $2M | 0.24% |
23,200
| – | – |
|
62
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $1.09M | 0.13% |
13,700
-111,300
| -89% | -$8.95M |
|
|
63
Scotiabank
BNS
$107B
| – | – |
-1,361,500
| Closed | -$100M |
|
64
Canadian Pacific Kansas City
CP
$78.1B
| – | – |
-141,500
| Closed | -$10.4M |
|
65
Copart
CPRT
$27B
| – | – |
-255,000
| Closed | -$9.98M |
|
66
Gartner
IT
$10.1B
| – | – |
-35,500
| Closed | -$8.96M |
|
|
67
TC Energy
TRP
$70.2B
| – | – |
-2,000,000
| Closed | -$110M |
|
68
Watsco Inc
WSO
$12.7B
| – | – |
-8,000
| Closed | -$2.7M |
|
Similar funds
AWA
SEM
IPAM
FM
RAM
MAP
SCM
DLP
Nicola Wealth Management's Q1 2026 Portfolio in Review
As of Q1 2026, Nicola Wealth Management held 68 positions worth $833M, down 24% from $1.1B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Nicola Wealth Management withdrew a net $245M in Q1 2026, closing 6 positions and reducing 21 holdings. Its most notable exit was TC Energy, an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 18% a quarter earlier, followed by Industrials and Financials.
Against the trend, Nicola Wealth Management opened a new position in Apple worth $15.5M.
- Nicola Wealth Management's largest Q1 2026 buy was Apple: 61,000 shares worth $15.5M.
- Nicola Wealth Management added most to Stantec in Q1 2026, an estimated $13M increase.
- Nicola Wealth Management's biggest Q1 2026 reduction was Toronto Dominion Bank, cutting an estimated $17.1M.
- Nicola Wealth Management fully exited TC Energy in Q1 2026, selling an estimated $110M.
- Nicola Wealth Management's ten largest holdings make up 29% of its $833M portfolio in Q1 2026.
- Nicola Wealth Management opened 3 new positions and closed 6 in Q1 2026.
- Nicola Wealth Management's portfolio value fell 24% quarter-over-quarter to $833M.
Based on Nicola Wealth Management's 13F filing for Q1 2026, filed 7 May 2026.