We are live on ! Find out more
NWM

Nicola Wealth Management Portfolio holdings

AUM $868M
1-Year Est. Return 14.24%
This Fund
S&P 500
This Quarter Est. Return
+2.48%
1 Year Est. Return
+14.24%
3 Year Est. Return
+56.14%
5 Year Est. Return
+64.68%
10 Year Est. Return
–
AUM
$1.1B
AUM Growth
-$24.4M
Cap. Flow
-$37M
Cap. Flow %
-3.37%
Top 10 Hldgs %
40.65%
Holding
69
New
4
Increased
13
Reduced
17
Closed
4

Top Buys

Rank Stock Value
1
BNS icon
Scotiabank
BNS
+$57.4M
2
TTEK icon
Tetra Tech
TTEK
+$12.3M
3
TTE icon
TotalEnergies
TTE
+$9.11M
4
IT icon
Gartner
IT
+$8.54M
5
PBA icon
Pembina Pipeline
PBA
+$8.32M

Top Sells

Rank Stock Value
1
CM icon
Canadian Imperial Bank of Commerce
CM
+$75.9M
2
TRP icon
TC Energy
TRP
+$16.2M
3
TU icon
Telus
TU
+$12.7M
4
ISRG icon
Intuitive Surgical
ISRG
+$6.87M
5
PLD icon
Prologis
PLD
+$6.61M

Sector Composition

Rank Sector Weight
1 Financials 20.92%
2 Technology 17.67%
3 Industrials 16.06%
4 Energy 15.81%
5 Communication Services 9.23%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FSV icon
51
FirstService
FSV
$6.31B
$7.84M 0.71%
+50,390
New +$8.2M
IONS icon
52
Ionis Pharmaceuticals
IONS
$9.34B
$6.88M 0.63%
87,000
– –
PLXS icon
53
Plexus
PLXS
$7.25B
$6.76M 0.62%
46,000
– –
COKE icon
54
Coca-Cola Consolidated
COKE
$12.7B
$6.22M 0.57%
40,600
– –
STN icon
55
Stantec
STN
$8.38B
$6.1M 0.55%
64,600
-16,600
-20% -$1.71M
CRI icon
56
Carter's
CRI
$1.48B
$5.81M 0.53%
179,100
– –
BCO icon
57
Brink's
BCO
$4.61B
$5.56M 0.51%
47,600
+6,000
+14% +$686K
REZI icon
58
Resideo Technologies
REZI
$3.94B
$5.53M 0.5%
157,600
– –
SLGN icon
59
Silgan Holdings
SLGN
$4.43B
$5.53M 0.5%
136,900
+31,000
+29% +$1.26M
BHE icon
60
Benchmark Electronics
BHE
$2.95B
$5.33M 0.48%
124,600
– –
EPC icon
61
Edgewell Personal Care
EPC
$1.32B
$5.25M 0.48%
308,200
+109,000
+55% +$2.02M
PRGO icon
62
Perrigo
PRGO
$1.8B
$3.91M 0.36%
281,000
– –
WSO icon
63
Watsco Inc
WSO
$13.6B
$2.7M 0.25%
8,000
-9,000
-53% -$3.21M
PDS
64
Precision Drilling
PDS
$976M
$2.01M 0.18%
28,000
– –
NBR icon
65
Nabors Industries
NBR
$1.22B
$1.26M 0.11%
23,200
– –
AB icon
66
AllianceBernstein
AB
$3.47B
– –
-114,000
Closed -$4.36M
CM icon
67
Canadian Imperial Bank of Commerce
CM
$108B
– –
-950,000
Closed -$75.9M
GRP.U
68
DELISTED
Granite Real Estate Investment Trust
GRP.U
– –
-90,500
Closed -$5.03M
HP icon
69
Helmerich & Payne
HP
$3.71B
– –
-25,900
Closed -$572K
1 2
3

Similar funds

HP
Havemeyer Place Greenwich, Connecticut $867M AUM
RWM
RMG Wealth Management Platteville, Wisconsin $866M AUM 11.95% 1-Year Est. Return
EI
EAM Investors Solana Beach, California $866M AUM 377.14% 1-Year Est. Return
MCM
Makena Capital Management Menlo Park, California $866M AUM 17.79% 1-Year Est. Return
WCM
Wallace Capital Management Dallas, Texas $871M AUM 13.69% 1-Year Est. Return
OMG
One Madison Group New York $866M AUM 33.81% 1-Year Est. Return
F1I
Fund 1 Investments Rincon, Puerto Rico $872M AUM 50.95% 1-Year Est. Return
SA
SoftVest Advisors Abilene, Texas $872M AUM 28.76% 1-Year Est. Return

Nicola Wealth Management's Q4 2025 Portfolio in Review

As of Q4 2025, Nicola Wealth Management held 69 positions worth $1.1B, down 2.2% from $1.12B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Nicola Wealth Management withdrew a net $37M in Q4 2025, closing 4 positions and reducing 17 holdings. Its most notable exit was Canadian Imperial Bank of Commerce, an estimated $75.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 21% a quarter earlier, followed by Technology and Industrials.

Against the trend, Nicola Wealth Management opened a new position in Tetra Tech worth $12.2M.

  • Nicola Wealth Management's largest Q4 2025 buy was Tetra Tech: 365,000 shares worth $12.2M.
  • Nicola Wealth Management added most to Scotiabank in Q4 2025, an estimated $57.4M increase.
  • Nicola Wealth Management's biggest Q4 2025 reduction was TC Energy, cutting an estimated $16.2M.
  • Nicola Wealth Management fully exited Canadian Imperial Bank of Commerce in Q4 2025, selling an estimated $75.9M.
  • Nicola Wealth Management's ten largest holdings make up 41% of its $1.1B portfolio in Q4 2025.
  • Nicola Wealth Management opened 4 new positions and closed 4 in Q4 2025.
  • Nicola Wealth Management's portfolio value fell 2.2% quarter-over-quarter to $1.1B.

Based on Nicola Wealth Management's 13F filing for Q4 2025, filed 9 Feb 2026.