NICOLA WEALTH MANAGEMENT LTD.
SEC Form 13F institutional filer · CIK 0001734493
13F-HR · 26 reported holdings · 2026-03-31
Reported long-US-equity value
$0.39B
Top-10 concentration
52.0%
NICOLA WEALTH MANAGEMENT LTD. — $392M AUM allocation strategy
NICOLA WEALTH MANAGEMENT LTD. files SEC Form 13F and reports $392M of long US equity value across 26 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 25.5%, followed by Communication Services 19.2% and Industrials 9.1%.
The top 10 holdings account for 52% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
NICOLA WEALTH MANAGEMENT LTD. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$392M
total across 26 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
52% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$NFLX +55.7K sh · +$5.75M+$GOOG +17.5K sh · +$4.33M+$NOW +13.5K sh · −$5.3M
Biggest trims (shares)
−$T −158K sh · −$777K−$BLK −111K sh · −$8.99M−$WMT −71K sh · −$6.56M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Systems Software9.0%—
- Semiconductors8.4%—
- Interactive Media & Services8.2%—
- Integrated Telecommunication Services5.6%—
- Transaction & Payment Processing Services5.4%—
- Movies & Entertainment5.4%—
- Rail Transportation5.3%—
- Health Care Equipment5.0%—
- Other holdings47.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $T | AT&T Inc | 758K | $22M | -158K | 5.6% |
| $V | Visa Inc | 71K | $21.5M | +0 | 5.5% |
| $NVDA | NVIDIA Corporation | 123K | $21.5M | +0 | 5.5% |
| $NFLX | Netflix Inc | 223K | $21.4M | +55.7K | 5.5% |
| $UNP | Union Pacific Corporation | 87K | $21.1M | -25K | 5.4% |
| $ISRG | Intuitive Surgical Inc | 42.9K | $19.8M | +0 | 5.0% |
| $LIN | Linde plc | 39.8K | $19.7M | +0 | 5.0% |
| $MSFT | Microsoft Corporation | 53.1K | $19.6M | -13.5K | 5.0% |
| $META | Meta Platforms Inc | 33.2K | $19M | +1.5K | 4.8% |
| $KO | Coca-Cola Company | 200K | $18.6M | -11K | 4.7% |
…and 16 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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