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Livermore
Livermore
ZHEN

Lincluden Management Ltd

SEC CIK
0001058231
Latest filing
Jul 24, 2026

Holdings in Q3 2022

Holdings as of Sep 30, 2022, filed Nov 7, 2022. Long positions only; changes compare share counts with Q2 2022.

Institution overview
Positions
68
−2 vs. Q2 2022
Portfolio value
$785.0M
−$128.8M (−14.1%) vs. Q2 2022
Filed
Nov 7, 2022
SEC
Holdings of Lincluden Management Ltd in Q3 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
TDToronto Dominion BankStock1,252,496$76.8M9.8%−71,191−5.4%ReducedHistory
RYRoyal Bank of CanadaStock816,308$73.5M9.4%−56,863−6.5%ReducedHistory
CMCanadian Imperial Bank of CommerceCOM928,467$40.6M5.2%−64,199−6.5%ReducedHistory
RCIRogers Communications IncCL B1,044,955$40.3M5.1%+24,367+2.4%AddedHistory
BCEBce IncCOM NEW955,073$40.0M5.1%−63,979−6.3%ReducedHistory
BNSBank of Nova ScotiaCOM793,289$37.7M4.8%−46,630−5.6%ReducedHistory
BAMBrookfield Asset Management Ltd.CL A LTD VT SH850,569$34.8M4.4%−52,817−5.8%ReducedHistory
PBAPembina Pipeline CorpCOM1,049,461$31.9M4.1%−72,740−6.5%ReducedHistory
CNICanadian National Railway CoStock291,907$31.5M4.0%−19,691−6.3%ReducedHistory
TUTelus CorpCOM1,528,828$30.4M3.9%−95,868−5.9%ReducedHistory
MFCManulife Financial CorpCOM1,849,671$29.0M3.7%−98,507−5.1%ReducedHistory
QSRRestaurant Brands International Inc.COM543,080$28.9M3.7%+403,838+290.0%AddedHistory
SUSuncor Energy IncStock1,013,648$28.5M3.6%−78,304−7.2%ReducedHistory
MGAMagna International IncCOM594,939$28.2M3.6%−34,518−5.5%ReducedHistory
ENBEnbridge IncStock723,142$26.8M3.4%−53,351−6.9%ReducedHistory
PFEPfizer IncStock280,921$12.3M1.6%−18,014−6.0%ReducedHistory
DLTRDollar Tree, Inc.COM65,294$8.89M1.1%−1,600−2.4%ReducedHistory
CSCOCisco Systems, Inc.Stock214,399$8.58M1.1%−810−0.4%ReducedHistory
ORCLOracle CorpStock136,020$8.31M1.1%−9,778−6.7%ReducedHistory
VZVerizon Communications IncStock214,317$8.14M1.0%+4,224+2.0%AddedHistory
Granite Real Estate Invt Tr387437114UNIT 99/99/9999157,855$7.62M1.0%−2,351−1.5%Reduced–
FSVFirstService CorpCOM59,974$7.14M0.9%−5,159−7.9%ReducedHistory
WBAWalgreens Boots Alliance, Inc.COM223,090$7.00M0.9%−8,835−3.8%ReducedHistory
RMRRMR Group Inc.CL A290,000$6.87M0.9%00.0%UnchangedHistory
WFCWells Fargo & CompanyStock168,841$6.79M0.9%−2,540−1.5%ReducedHistory
CNCCentene CorpStock85,052$6.70M0.9%−3,215−3.6%ReducedHistory
FRTFederal Realty Investment TrustSH BEN INT NEW68,949$6.21M0.8%−450−0.6%ReducedHistory
GIBCgi IncCL A76,765$5.78M0.7%+385+0.5%AddedHistory
Tricon Residential Inc Com NPV89612W102COM598,133$5.46M0.7%+469,229+364.0%Added–
KRKroger CoStock118,943$5.20M0.7%−1,100−0.9%ReducedHistory
MSFTMicrosoft CorpStock19,857$4.63M0.6%+3,100+18.5%AddedHistory
BACBank of America CorpStock147,642$4.46M0.6%+9,930+7.2%AddedHistory
AVBAvalonbay Communities IncCOM23,133$4.26M0.5%−2,188−8.6%ReducedHistory
CPTCamden Property TrustREIT33,693$4.03M0.5%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock41,385$3.96M0.5%+6,985+20.3%AddedConverted for a 20-for-1 splitHistory
DGDollar General CorpCOM16,359$3.92M0.5%−285−1.7%ReducedHistory
DISWalt Disney CoStock37,646$3.55M0.5%+17,405+86.0%AddedHistory
VODVodafone Group Public Ltd CoADR303,426$3.44M0.4%−3,535−1.2%ReducedHistory
SUISun Communities IncCOM24,984$3.38M0.4%+1,924+8.3%AddedHistory
INGING Groep NVSPONSORED ADR384,859$3.27M0.4%−2,715−0.7%ReducedHistory
GLWCorning IncCOM104,514$3.03M0.4%−1,000−0.9%ReducedHistory
MSMorgan StanleyStock38,191$3.02M0.4%−585−1.5%ReducedHistory
WMTWalmart Inc.Stock23,190$3.01M0.4%−535−2.3%ReducedHistory
SPGSimon Property Group Inc.REIT30,679$2.75M0.4%−9,676−24.0%ReducedHistory
EQIXEquinix IncCOM4,672$2.66M0.3%−554−10.6%ReducedHistory
ORANYOrangeSPONSORED ADR293,637$2.64M0.3%−5,375−1.8%ReducedHistory
WELLWelltower Inc.REIT39,882$2.56M0.3%+13,265+49.8%AddedHistory
JNJJohnson & JohnsonStock15,475$2.53M0.3%−370−2.3%ReducedHistory
EOGEOG Resources IncStock22,131$2.47M0.3%−345−1.5%ReducedHistory
TSCOTractor Supply CoCOM12,634$2.35M0.3%+3,225+34.3%AddedHistory
Sanofi80108N105ADR61,621$2.34M0.3%−1,055−1.7%Reduced–
COLDAmericold Realty TrustCOM92,244$2.27M0.3%−107,241−53.8%ReducedHistory
TJXTJX Companies IncStock36,019$2.24M0.3%−680−1.9%ReducedHistory
CIGIColliers International Group Inc.SUB VTG SHS23,959$2.20M0.3%−10,620−30.7%ReducedHistory
AMTAmerican Tower CorpREIT10,219$2.19M0.3%−701−6.4%ReducedHistory
CVECenovus Energy Inc.COM132,386$2.03M0.3%−13,560−9.3%ReducedHistory
CCitigroup IncStock48,767$2.03M0.3%−685−1.4%ReducedHistory
TRPTC Energy CorpCOM50,457$2.03M0.3%+11,770+30.4%AddedHistory
BMOBank of MontrealCOM21,596$1.89M0.2%00.0%UnchangedHistory
HLNHaleon plcADR290,727$1.77M0.2%+290,727NewHistory
TRNOTerreno Realty CorpCOM30,976$1.64M0.2%+3,367+12.2%AddedHistory
TTETotalEnergies SESPONSORED ADS34,643$1.61M0.2%−530−1.5%ReducedHistory
AREAlexandria Real Estate Equities, Inc.COM11,411$1.60M0.2%−9,186−44.6%ReducedHistory
JPMJPMorgan Chase & CoStock10,815$1.13M0.1%+35+0.3%AddedHistory
VETVermilion Energy Inc.COM50,537$1.08M0.1%−15,090−23.0%ReducedHistory
SAPSAP SEADR10,629$864.0K0.1%+40+0.4%AddedHistory
Brookfield Asset Mgmt Inc.016169107CLA EXCH LT VTG921$38.0K<0.1%00.0%Unchanged–
Brookfield Business Partners LtdBYNDNQ000UNIT LP1,506$30.0K<0.1%+205+15.8%Added–

Sold out since Q2 2022 (3)

Positions held at the end of Q2 2022 that are gone from this filing.

Positions of Lincluden Management Ltd sold out since Q2 2022
SecurityClassShares in Q2 2022Value in Q2 2022% of portfolio in Q2 2022History
GSKGSK plcSPONSORED ADR194,167$8.45M0.9%History
ATVIActivision Blizzard, Inc.COM86,011$6.70M0.7%History
BXPBXP, Inc.COM22,488$2.00M0.2%History