Q3 2026 13F · SEC CIK 1621915

Cidel Asset Management Inc

Asset managerFiled 2026-10-29 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.1B
Reported positions: 478
Top holdings a year, 3 yrs: +9.2%
Assets under management: $4.8B

Cidel Asset Management Inc is an asset manager that reported 478 positions worth $2.1B in its Q3 2026 13F, filed 2026-10-29. Its largest holdings were Royal Bk Cda (RY, 4.9%), Apple Inc (AAPL, 4.3%), Microsoft Corp (MSFT, 3.7%). A portfolio copying its top holdings returned 9.2% a year over the last 3 years, against 20.4% for the S&P 500.

Cidel Asset Management Inc holdings largest 50 of 478 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Cidel Asset Management Inc 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
RYRoyal Bk Cda	4.9%	5.2%	516,573	-0.9%	$101.9M
AAPLApple Inc	4.3%	3.9%	266,575	-5.1%	$88.8M
MSFTMicrosoft Corp	3.7%	2.4%	147,598	+11.2%	$75.7M
TDToronto Dominion Bk Ont	2.8%	2.6%	487,707	+8.8%	$57.5M
BMOBank of Montreal	2.6%	2.5%	322,015	+9.5%	$54.0M
NVDANvidia Corporation	2.6%	2.7%	232,743	-15.8%	$53.2M
VVisa Inc	2.2%	2.1%	127,307	-0.9%	$45.7M
CNICanadian Natl Ry Co	2.2%	2.3%	374,166	-7.3%	$44.6M
AMZNAmazon Com Inc	2.0%	1.9%	163,003	-0.4%	$40.6M
MFCManulife Finl Corp	1.9%	1.6%	914,580	+10.5%	$39.1M
AZNAstrazeneca PLC	1.7%	2.1%	213,538	-9.0%	$34.5M
SUSuncor Energy Inc New	1.6%	1.0%	479,632	+27.3%	$32.6M
QSRRestaurant Brands Intl Inc	1.6%	1.8%	451,380	-14.2%	$32.2M
JPMJpmorgan Chase & Co	1.6%	1.5%	97,056	-0.4%	$32.1M
BNSBank Nova Scotia B C	1.6%	1.5%	352,023	-0.5%	$32.1M
WCNWaste Connections Inc	1.5%	1.6%	206,617	+4.3%	$31.9M
FTSFortis Inc	1.5%	2.5%	589,653	-35.0%	$31.2M
KOCoca Cola Co	1.5%	1.4%	357,199	-1.3%	$30.7M
JJacobs Solutions Inc	1.5%	1.4%	224,383	-1.2%	$30.4M
AEMAgnico Eagle Mines Ltd	1.4%	0.9%	161,742	+31.5%	$29.7M
RBARb Global Inc	1.4%	2.1%	342,646	-9.2%	$28.0M
COPConocophillips	1.4%	1.1%	223,601	+4.9%	$28.0M
CMCanadian Imperial Bank of Co	1.2%	2.1%	224,764	-41.0%	$24.8M
WPMWheaton Precious Metals Corp	1.2%	0.7%	180,415	+31.2%	$24.2M
ASMLAsml Hldg NV	1.1%	1.2%	12,622	-1.5%	$22.9M
RIORio Tinto PLC	1.1%	1.1%	242,347	+0.3%	$22.8M
ABTAbbott Laboratories	1.1%	1.0%	227,618	+0.0%	$22.5M
CMSCMS Energy Corp	1.1%	1.5%	356,564	-12.1%	$22.5M
MSIMotorola Solutions Inc	1.1%	1.0%	50,003	-1.7%	$22.3M
WECWec Energy Group Inc	1.1%	1.2%	218,384	-1.8%	$22.0M
CVECenovus Energy Inc	1.1%	0.7%	701,581	+18.9%	$21.9M
TELTe Connectivity PLC	1.1%	1.0%	102,714	+2.2%	$21.7M
CPCanadian Pacific Kansas City	1.0%	1.1%	252,270	-1.3%	$21.5M
PXHInvesco Exch Traded Fd Tr II	1.0%	0.9%	736,910	+11.9%	$21.4M
SHOPShopify Inc	1.0%	—	144,011	—	$21.4M
MUMicron Technology Inc	1.0%	1.1%	19,953	-2.5%	$21.3M
DRIDarden Restaurants Inc	1.0%	—	107,146	—	$20.7M
LLYEli Lilly & Co	0.9%	1.1%	16,647	-16.2%	$19.3M
MARMarriott Intl Inc New	0.9%	1.1%	54,151	-8.8%	$19.3M
WTWWillis Towers Watson PLC Ltd	0.9%	0.7%	62,154	+6.5%	$17.9M
TSMTaiwan Semiconductor Manufac	0.9%	—	38,840	—	$17.7M
BBarrick Mng Corp	0.8%	—	428,313	—	$17.5M
AMDAdvanced Micro Devices Inc	0.8%	1.0%	26,936	-21.9%	$16.5M
CBOECboe Global Mkts Inc	0.8%	0.7%	59,783	+6.0%	$16.5M
RSPInvesco Exchange Traded Fd T	0.8%	0.8%	78,180	+0.1%	$16.3M
MCKMckesson Corp	0.7%	—	17,757	—	$15.2M
WMWaste Mgmt Inc Del	0.7%	0.8%	73,984	-0.9%	$15.1M
PBAPembina Pipeline Corp	0.7%	0.7%	306,876	-0.1%	$13.7M
STNStantec Inc	0.6%	—	193,686	—	$13.1M
CNQCanadian Nat Res Ltd Med Ter	0.6%	0.9%	274,902	-44.1%	$13.0M

What Cidel Asset Management Inc bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

AEM Agnico Eagle Mines Ltd+31.5% shares
WPM Wheaton Precious Metals Corp+31.2% shares
SU Suncor Energy Inc New+27.3% shares
CVE Cenovus Energy Inc+18.9% shares
PXH Invesco Exch Traded Fd Tr II+11.9% shares
MSFT Microsoft Corp+11.2% shares
MFC Manulife Finl Corp+10.5% shares
BMO Bank of Montreal+9.5% shares

Reduced

CNQ Canadian Nat Res Ltd Med Ter-44.1% shares
CM Canadian Imperial Bank of Co-41.0% shares
FTS Fortis Inc-35.0% shares
AMD Advanced Micro Devices Inc-21.9% shares
LLY Eli Lilly & Co-16.2% shares
NVDA Nvidia Corporation-15.8% shares
QSR Restaurant Brands Intl Inc-14.2% shares
CMS CMS Energy Corp-12.1% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +4.0% /yr; S&P 500 +20.1%
3 years: +9.2% /yr; S&P 500 +20.4%
5 years: +3.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$2.1B	478
Q2 2026	$2.1B	480
Q1 2026	$1.8B	436
Q4 2025	$1.4B	365
Q3 2025	$1.7B	357
Q2 2025	$1.7B	360
Q1 2025	$1.5B	340
Q4 2024	$1.5B	335
Q3 2024	$1.4B	343
Q2 2024	$1.3B	314
Q1 2024	$1.3B	324
Q4 2023	$2.3B	311

Questions about Cidel Asset Management Inc's portfolio

What stocks does Cidel Asset Management Inc own?

Cidel Asset Management Inc's latest 13F, for Q3 2026 and filed Oct 29, 2026, lists 478 positions worth $2.1B. The largest are Royal Bk Cda (RY) at 4.9%, Apple Inc (AAPL) at 4.3%, Microsoft Corp (MSFT) at 3.7%, Toronto Dominion Bk Ont (TD) at 2.8% and Bank of Montreal (BMO) at 2.6%.

What did Cidel Asset Management Inc buy last quarter?

In Q3 2026, Cidel Asset Management Inc added Agnico Eagle Mines Ltd (AEM) (+31.5% shares), Wheaton Precious Metals Corp (WPM) (+31.2% shares) and Suncor Energy Inc New (SU) (+27.3% shares), compared with its Q2 2026 filing.

What did Cidel Asset Management Inc sell last quarter?

In Q3 2026, Cidel Asset Management Inc cut from its top 50 Colgate Palmolive Co (CL), cut from its top 50 Sap SE (SAPGF), cut from its top 50 Gentex Corp (GNTX), cut from its top 50 Franco Nev Corp (FNV), cut from its top 50 Stagwell Inc (STGW), Canadian Nat Res Ltd Med Ter (CNQ) (-44.1% shares), Canadian Imperial Bank of Co (CM) (-41.0% shares) and Fortis Inc (FTS) (-35.0% shares), compared with its Q2 2026 filing.

How has Cidel Asset Management Inc's portfolio performed?

A portfolio copying Cidel Asset Management Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +9.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +4.0% against +20.1%. Over 5 years: +3.3% a year against +11.6%.

When is Cidel Asset Management Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Cidel Asset Management Inc's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Cidel Asset Management Inc manage?

Cidel Asset Management Inc reported $4.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.1B.