MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd

CIK 1058231 · View on SEC EDGAR ↗

Portfolio value
$1.0M
#9,162 of 9,443 by 13F value · top 97.0%
Positions
68
As of
June 30, 2026

Portfolio value QoQ: +8.5% 13F does not disclose cash

Top 10 holdings weight
53.25%
Top 25 holdings weight
81.68%
Positions above 1%
20
Effective number of positions
24.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.9% Est. buys $28,398 · sells $292,690

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 78.2% still held

New positions
2
Increased
23
Decreased
35
Closed
4
On this page

Sector breakdown

Financials
33.2%
Energy
12.6%
Telecommunication
8.0%
Industrials
6.8%
Consumer Discretionary
6.8%
Real Estate
6.1%
Utilities
5.4%
Technology
5.1%
Financial Services
4.3%
Healthcare
3.0%
Materials
2.8%
Retail
2.2%
Communication Services
1.7%
Communications
0.8%
Consumer Staples
0.8%
Other/Unmapped
0.3%

Full portfolio 68 positions

Type Streak 8Q trend
RY Royal Bank Of Canada Common Stock $93,832 9.21% 319,503 $26,973 Down ×6
TD Toronto Dominion Bank (The) Common Stock $90,855 8.92% 526,877 $25,374 Down ×6
TRP TC Energy Corporation Common Stock $56,913 5.59% 605,977 $8,091 Down ×6
BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares $56,559 5.55% 458,826 $15,894 Down ×6
CNI Canadian National Railway Company Common Stock $54,856 5.38% 324,110 $12,602 Down ×3
BCE BCE, Inc. Common Stock $44,168 4.34% 1,445,763 $-3,076 Down ×3
GIB CGI Inc. Common Stock $38,269 3.76% 417,469 $12,506 Up ×2
QSR Restaurant Brands International Inc. Common Shares $36,777 3.61% 357,508 $2,706 Down ×3
CM Canadian Imperial Bank of Commerce Common Stock $35,953 3.53% 220,139 $7,706 Down ×6
BIP Brookfield Infrastructure Partners LP Limited Partnership Units $34,327 3.37% 662,686 $10,986 Up ×1
CNQ Canadian Natural Resources Limited Common Stock $31,309 3.07% 557,895 $-3,220 Down ×1
SU Suncor Energy Inc. Common Stock $31,188 3.06% 408,759 $-3,278 Down ×6
TU Telus Corporation Ordinary Shares $29,273 2.87% 1,951,523 $1,821 Down ×1
NTR Nutrien Ltd. Common Shares $28,620 2.81% 320,313 $-4,724 Down ×4
MFC Manulife Financial Corporation Common Stock $27,558 2.71% 479,103 $3,463 Down ×6
BN Brookfield Corporation Class A Limited Voting Shares $26,611 2.61% 439,774 $-1,684 Down ×2
MGA Magna International, Inc. Common Stock $24,837 2.44% 266,320 $2,548 Down ×4
BEP Brookfield Renewable Partners L.P. Limited Partnership Units $20,755 2.04% 422,025 $1,794 Down ×6
FSV FirstService Corporation - Common Shares $13,510 1.33% 66,993 $4,375 Up ×3
GOOGL Alphabet Inc. - Class A Common Stock $11,875 1.17% 33,228 $2,324 Up ×2
UNH UnitedHealth Group Incorporated Common Stock (DE) $9,389 0.92% 22,589 $3,286 Up ×2
J Jacobs Solutions Inc. Common Stock $9,075 0.89% 72,023 $2,311 Up ×4
V Visa Inc. $8,769 0.86% 25,560 $1,753 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $8,416 0.83% 16,787 $1,328 Up ×2
USB U.S. Bancorp Common Stock $8,401 0.82% 139,095 $1,191 Up ×2
MSFT Microsoft Corporation - Common Stock $8,241 0.81% 22,093 $96 Up ×2
CSCO Cisco Systems, Inc. - Common Stock $8,142 0.80% 69,320 $-3,053 Down ×1
AMT American Tower Corporation (REIT) Common Stock $7,768 0.76% 47,493 $606 Up ×2
DEO Diageo plc Common Stock $7,713 0.76% 95,951 $-845 Down ×1
BAC Bank of America Corporation Common Stock $7,615 0.75% 133,646 $1,140 Up ×2
CIGI Colliers International Group Inc. - Subordinate Voting Shares $7,289 0.72% 54,765 $1,577 Up ×2
PFE Pfizer, Inc. Common Stock $7,274 0.71% 302,092 $-3,994 Down ×1
ING ING Group, N.V. Common Stock $6,573 0.65% 209,457 $884 Down ×1
JPM JP Morgan Chase & Co. Common Stock $6,125 0.60% 18,711 $698 Up ×2
RMR The RMR Group Inc. - Class A Common Stock $5,954 0.58% 290,000 $1,468
MS Morgan Stanley Common Stock $5,812 0.57% 27,805 $1,159 Down ×1
HD Home Depot, Inc. (The) Common Stock $5,600 0.55% 15,878 $1,252 Up ×2
BGSI Boyd Group Services Inc. Common Shares $5,548 0.54% 41,310 $1,774 Up ×1
C Citigroup, Inc. Common Stock $5,124 0.50% 36,613 $331 Down ×1
EOG EOG Resources, Inc. Common Stock $5,063 0.50% 39,024 $-569 Up ×1
COST Costco Wholesale Corporation - Common Stock $5,000 0.49% 5,345 $-278 Up ×2
DIS Walt Disney Company (The) Common Stock $4,961 0.49% 51,540 $1,550 Up ×1
WMT Walmart Inc. - Common Stock $4,889 0.48% 43,169 $-560 Down ×1
VZ Verizon Communications Inc. Common Stock $4,596 0.45% 108,554 $-4,741 Down ×6
FRT Federal Realty Investment Trust Common Stock $4,553 0.45% 36,888 $636
GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock $4,330 0.43% 59,218 $1,430 Up ×1
EQIX Equinix, Inc. - Common Stock $4,139 0.41% 3,971 $247
TRNO Terreno Realty Corporation Common Stock $4,113 0.40% 63,499 $213
WELL Welltower Inc. Common Stock $4,079 0.40% 17,970 $527
TSCO Tractor Supply Company - Common Stock $4,060 0.40% 128,430 $1,513 Up ×2
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $3,951 0.39% 50,952 $879 Up ×1
GNTX Gentex Corporation - Common Stock $3,529 0.35% 139,650 $474 Down ×1
RCI Rogers Communication, Inc. Common Stock $3,420 0.34% 74,117 $430 Down ×3
DSGX The Descartes Systems Group Inc. - Common Stock $3,351 0.33% 34,114 Up ×1
Unknown issuer (CUSIP: 80108N105) $3,292 0.32% 77,164 $-489 Down ×1
TJX TJX Companies, Inc. (The) Common Stock $3,210 0.32% 21,189 $-229 Down ×1
GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) $3,009 0.30% 57,400 $-212 Down ×2
AHR American Healthcare REIT, Inc. Common Stock $2,858 0.28% 54,797 $1,206 Up ×1
BAM Brookfield Asset Management Inc Class A Limited Voting Shares $2,747 0.27% 43,179 $-417 Down ×1
SAP SAP SE ADS $2,367 0.23% 15,362 $-2,740 Down ×1
JNJ Johnson & Johnson Common Stock $2,353 0.23% 9,263 $58 Down ×6
AVB AvalonBay Communities, Inc. Common Stock $2,207 0.22% 11,699 $296
EXR Extra Space Storage Inc Common Stock $1,806 0.18% 12,429 $177
MAA Mid-America Apartment Communities, Inc. Common Stock $1,490 0.15% 10,722 Up ×1
SPG Simon Property Group, Inc. Common Stock $1,462 0.14% 6,537 $-369 Down ×2
BXP BXP, Inc. Common Stock $784 0.08% 11,822 $157 Down ×3
GLW Corning Incorporated Common Stock $153 0.02% 599 $-4,489 Down ×6
BEPC Brookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares $66 0.01% 1,257 $16

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
FSV $13,510 1.33% up ×3
J $9,075 0.89% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
DSGX $3,351 34,114 0.33%
MAA $1,490 10,722 0.15%

Top movers (QoQ)

Security Action Shares Δ Value Δ
RY Trimmed -88K +$27K
TD Trimmed -164K +$25K
BNS Trimmed -119K +$16K
CNI Trimmed -80K +$13K
GIB Bought more +70K +$13K
BIP Bought more +25K +$11K
TRP Trimmed -162K +$8K
CM Trimmed -73K +$8K
VZ Trimmed -77K -$5K
NTR Trimmed -115K -$5K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
PBA June 30, 2026 999,523 $45,435 6.7%
BIP Sept. 30, 2025 576,851 $19,307 19.4%
ORCL Sept. 30, 2025 52,460 $11,469 -47.9%
LEN March 31, 2026 69,917 $7,187 -0.5%
GRTUF June 30, 2026 104,627 $6,247 No longer tracked
GRPU March 31, 2025 114,688 $5,566 No longer tracked
CNC Sept. 30, 2025 78,973 $4,287 79.8%
ORANY Sept. 30, 2025 238,840 $3,621 No longer tracked
UDR March 31, 2025 81,365 $3,532 -16.5%
ULTA March 31, 2026 5,133 $3,106 -0.8%
CPT Sept. 30, 2025 26,705 $3,009 1.3%
TTE June 30, 2026 29,465 $2,680 16.9%
WBA March 31, 2025 264,093 $2,464 No longer tracked
KR Sept. 30, 2025 30,610 $2,196 -15.4%
VET Sept. 30, 2025 278,465 $2,031 64.5%
KBH March 31, 2026 32,730 $1,846 5.5%
SUI June 30, 2026 12,496 $1,573 2.2%
COLD Sept. 30, 2025 77,246 $1,285 23.7%
CVE Sept. 30, 2025 19,800 $323 92.6%
BAM Sept. 30, 2025 5,778 $319 -8.6%
BNT Dec. 31, 2025 959 $65 -9.7%