Viking Fund Management’s BCE BCE Stock Holding History

Viking Fund Management’s Portfolio BCE Stock Details BCE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-6,000	Closed	-$140K	–	139
2025 Q3	$140K	Hold	6,000	–	–	0.02%	137
2025 Q2	$133K	Hold	6,000	–	–	0.02%	135
2025 Q1	$138K	Sell	6,000 -150,000	-96%	-$3.53M	0.02%	133
2024 Q4	$3.62M	Hold	156,000	–	–	0.56%	64
2024 Q3	$5.43M	Hold	156,000	–	–	0.88%	45
2024 Q2	$5.05M	Buy	156,000 +4,300	+3%	+$143K	0.9%	41
2024 Q1	$5.15M	Buy	151,700 +16,700	+12%	+$636K	0.93%	38
2023 Q4	$5.32M	Hold	135,000	–	–	1.03%	32
2023 Q3	$5.15M	Buy	135,000 +10,000	+8%	+$420K	1.04%	36
2023 Q2	$5.7M	Hold	125,000	–	–	1.08%	35
2023 Q1	$5.6M	Hold	125,000	–	–	1.08%	34
2022 Q4	$5.49M	Buy	125,000 +10,000	+9%	+$450K	1.09%	31
2022 Q3	$4.82M	Hold	115,000	–	–	1.14%	27
2022 Q2	$5.66M	Buy	115,000 +15,000	+15%	+$805K	1.31%	22
2022 Q1	$5.55M	Buy	100,000 +3,000	+3%	+$159K	1.26%	26
2021 Q4	$5.05M	Hold	97,000	–	–	1.33%	22
2021 Q3	$4.86M	Sell	97,000 -15,000	-13%	-$759K	1.41%	21
2021 Q2	$5.52M	Hold	112,000	–	–	1.58%	19
2021 Q1	$5.06M	Sell	112,000 -8,000	-7%	-$353K	1.51%	19
2020 Q4	$5.14M	Buy	120,000 +5,000	+4%	+$214K	1.65%	18
2020 Q3	$4.77M	Buy	115,000 +10,000	+10%	+$423K	1.77%	17
2020 Q2	$4.39M	Buy	105,000 +4,000	+4%	+$165K	1.62%	19
2020 Q1	$4.13M	Buy	101,000 +36,000	+55%	+$1.61M	1.82%	14
2019 Q4	$3.01M	Hold	65,000	–	–	0.85%	45
2019 Q3	$3.15M	Buy	65,000 +5,000	+8%	+$234K	0.9%	45
2019 Q2	$2.73M	Buy	60,000 +5,000	+9%	+$226K	0.72%	53
2019 Q1	$2.44M	Buy	55,000 +5,000	+10%	+$216K	0.61%	55
2018 Q4	$1.98M	Buy	50,000 +7,000	+16%	+$287K	0.55%	61
2018 Q3	$1.74M	Hold	43,000	–	–	0.36%	72
2018 Q2	$1.74M	Hold	43,000	–	–	0.33%	75
2018 Q1	$1.85M	Buy	+43,000	New	+$1.93M	0.35%	72

Other funds holding BCE

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $62.4B AUM 23.7% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

FDCDDQ

Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $27.8B AUM 31.66% 1-Year Est. Return

Viking Fund Management's BCE Position: Q4 2025 in Review

Viking Fund Management sold out of BCE (BCE) in Q4 2025, closing a stake of 6,000 shares — an estimated $140K sold.

Viking Fund Management first reported a position in BCE in Q1 2018 and held it in 31 quarters. The position peaked at $5.7M in Q2 2023. 410 funds tracked by Wall St. Rank hold BCE as of Q4 2025.

Viking Fund Management reported no remaining BCE position as of Q4 2025 after selling out during the quarter.
Viking Fund Management sold 6,000 BCE shares in Q4 2025, an estimated $140K.
Viking Fund Management first reported a position in BCE in Q1 2018 and held it in 31 quarters.
Viking Fund Management's BCE position peaked at $5.7M in Q2 2023.
410 funds tracked by Wall St. Rank held BCE as of Q4 2025.

Based on Viking Fund Management's 13F filing for Q4 2025, filed 12 Jan 2026.