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
+4%
1 Year Est. Return
+14.24%
3 Year Est. Return
+56.14%
5 Year Est. Return
+64.68%
10 Year Est. Return
–
AUM
$1.12B
AUM Growth
+$56.7M
Cap. Flow
+$20.4M
Cap. Flow %
1.81%
Top 10 Hldgs %
40.73%
Holding
112
New
8
Increased
24
Reduced
12
Closed
47

Top Buys

Rank Stock Value
1
TRP icon
TC Energy
TRP
+$103M
2
CM icon
Canadian Imperial Bank of Commerce
CM
+$71.5M
3
PBA icon
Pembina Pipeline
PBA
+$17.6M
4
SNPS icon
Synopsys
SNPS
+$16.5M
5
ISRG icon
Intuitive Surgical
ISRG
+$14M

Top Sells

Rank Stock Value
1
BNS icon
Scotiabank
BNS
+$119M
2
AVGO icon
Broadcom
AVGO
+$26.8M
3
REET icon
iShares Global REIT ETF
REET
+$22.3M
4
TD icon
Toronto Dominion Bank
TD
+$14.3M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$13.7M

Sector Composition

Rank Sector Weight
1 Financials 21.07%
2 Technology 16.38%
3 Energy 15.84%
4 Industrials 14.95%
5 Communication Services 11.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
REG icon
101
Regency Centers
REG
$14.1B
– –
-17,900
Closed -$1.28M
SLG icon
102
SL Green Realty
SLG
$3.99B
– –
-11,596
Closed -$718K
SNDA icon
103
Sonida Senior Living
SNDA
$1.91B
– –
-54,977
Closed -$1.37M
SPG icon
104
Simon Property Group
SPG
$72.3B
– –
-8,550
Closed -$1.37M
TTEK icon
105
Tetra Tech
TTEK
$9.07B
– –
-30,000
Closed -$1.08M
URI icon
106
United Rentals
URI
$72.4B
– –
-9,200
Closed -$6.93M
VICI icon
107
VICI Properties
VICI
$29.4B
– –
-52,537
Closed -$1.71M
VRT icon
108
Vertiv
VRT
$105B
– –
-9,000
Closed -$1.16M
VTR icon
109
Ventas
VTR
$47.9B
– –
-23,770
Closed -$1.5M
WBA
110
DELISTED
Walgreens Boots Alliance
WBA
– –
-190,000
Closed -$2.18M
WELL icon
111
Welltower
WELL
$171B
– –
-20,642
Closed -$3.17M
XYL icon
112
Xylem
XYL
$28.1B
– –
-22,000
Closed -$2.85M
1 2 3 4
5

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 Q3 2025 Portfolio in Review

As of Q3 2025, Nicola Wealth Management held 112 positions worth $1.12B, up 5.3% from $1.07B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Nicola Wealth Management's Q3 2025 filing shows 8 new, 24 increased, 12 reduced and 47 closed positions. Its largest new stake was Canadian Imperial Bank of Commerce: 950,000 shares worth $75.9M. The largest sale was Scotiabank, an estimated $119M.

By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 25% a quarter earlier, followed by Technology and Energy.

  • Nicola Wealth Management's largest Q3 2025 buy was Canadian Imperial Bank of Commerce: 950,000 shares worth $75.9M.
  • Nicola Wealth Management added most to TC Energy in Q3 2025, an estimated $103M increase.
  • Nicola Wealth Management's biggest Q3 2025 reduction was Scotiabank, cutting an estimated $119M.
  • Nicola Wealth Management fully exited iShares Global REIT ETF in Q3 2025, selling an estimated $22.3M.
  • Nicola Wealth Management's ten largest holdings make up 41% of its $1.12B portfolio in Q3 2025.
  • Nicola Wealth Management opened 8 new positions and closed 47 in Q3 2025.
  • Nicola Wealth Management's portfolio value rose 5.3% quarter-over-quarter to $1.12B.

Based on Nicola Wealth Management's 13F filing for Q3 2025, filed 31 Oct 2025.