# Nexus Investment Management ULC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1476329. Source: https://holderbook.com/funds/1476329-nexus-investment-management-ulc/

- Reported value: $766.9M
- Positions: 72
- Weight of the ten largest: 59.3%
- Filed: 2026-07-20

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $59.0M | 180,374 | 7.7% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $56.5M | 159,935 | 7.4% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $53.1M | 388,079 | 6.9% | 21 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $51.9M | 370,573 | 6.8% | 31 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $50.2M | 235,752 | 6.5% | 17 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $49.0M | 417,202 | 6.4% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $35.5M | 62,960 | 4.6% | 30 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $34.4M | 149,765 | 4.5% | 1 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $33.2M | 66,292 | 4.3% | 5 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $31.9M | 277,540 | 4.2% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $31.7M | 251,016 | 4.1% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $30.8M | 103,296 | 4.0% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $28.4M | 76,222 | 3.7% | 31 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $27.0M | 207,873 | 3.5% | 17 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $24.7M | 1,023,770 | 3.2% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $24.5M | 117,027 | 3.2% | 12 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $24.3M | 459,315 | 3.2% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $23.7M | 303,568 | 3.1% | 24 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $23.0M | 96,871 | 3.0% | 6 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $22.9M | 213,211 | 3.0% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $20.7M | 60,393 | 2.7% | 15 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $3.5M | 13,725 | 0.5% | 22 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $3.4M | 15,215 | 0.4% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $3.4M | 15,215 | 0.4% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $3.2M | 11,706 | 0.4% | 27 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.4M | 44,010 | 0.3% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.1M | 8,381 | 0.3% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.6M | 4,360 | 0.2% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $1.4M | 7,355 | 0.2% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.1M | 6,386 | 0.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $922.4K | 769 | 0.1% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $869.7K | 3,456 | 0.1% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $792.2K | 5,794 | 0.1% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $752.9K | 15,840 | 0.1% | 15 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $639.8K | 15,110 | 0.1% | 25 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $527.1K | 11,307 | 0.1% | 25 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $479.9K | 3,735 | 0.1% | 15 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $425.2K | 3,740 | 0.1% | 31 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $356.2K | 17,210 | 0.0% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $304.8K | 5,350 | 0.0% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $264.0K | 1,800 | 0.0% | 15 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $234.2K | 2,134 | 0.0% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $225.9K | 2,490 | 0.0% | 15 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $198.8K | 920 | 0.0% | 6 |
| FIRSTSERVICE CORP NEW | [FSV](https://holderbook.com/stocks/FSV/) | $142.1K | 1,000 | 0.0% | 29 |
| PRA GROUP INC | [PRAA](https://holderbook.com/stocks/PRAA/) | $119.1K | 6,270 | 0.0% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $100.2K | 195 | 0.0% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $93.5K | 100 | 0.0% | 6 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $88.6K | 966 | 0.0% | 6 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $84.5K | 2,300 | 0.0% | 5 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $77.9K | 750 | 0.0% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $62.9K | 555 | 0.0% | 6 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $60.7K | 650 | 0.0% | 6 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $58.6K | 400 | 0.0% | 6 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $54.9K | 953 | 0.0% | 6 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $52.1K | 250 | 0.0% | 6 |
| AURA MINERALS INC | [AUGO](https://holderbook.com/stocks/AUGO/) | $50.0K | 795 | 0.0% | 2 |
| VERALTO CORP | [VLTO](https://holderbook.com/stocks/VLTO/) | $47.4K | 534 | 0.0% | 6 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $42.3K | 125 | 0.0% | 6 |
| BAUSCH HEALTH COS INC | [BHC](https://holderbook.com/stocks/BHC/) | $41.9K | 8,500 | 0.0% | 31 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $40.1K | 750 | 0.0% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $35.6K | 500 | 0.0% | 1 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $34.5K | 220 | 0.0% | 6 |
| VANECK ETF TRUST | [GDXJ](https://holderbook.com/stocks/GDXJ/) | $34.4K | 350 | 0.0% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $30.5K | 61 | 0.0% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $25.4K | 425 | 0.0% | 1 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $22.7K | 150 | 0.0% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $17.4K | 60 | 0.0% | 6 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $7.5K | 20 | 0.0% | 2 |
| ABRDN HEALTHCARE INVESTORS | [HQH](https://holderbook.com/stocks/HQH/) | $2.2K | 101 | 0.0% | 2 |
| CB144A Appvion Esc Npv | - | $1.5K | 1 | 0.0% | 6 |
| ABRDN LIFE SCIENCES INVESTOR | [HQL](https://holderbook.com/stocks/HQL/) | $640 | 32 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.1% | +14.8% | -4.7% | 100% |
| Q1 2026 | -0.2% | -4.6% | +4.4% | 100% |
| Q4 2025 | +6.9% | +2.4% | +4.6% | 100% |
| Q3 2025 | +4.8% | +7.8% | -3.0% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.1% | 70% |
| Q1 2025 | -0.3% | -4.6% | +4.2% | 100% |
| Q4 2024 | -0.1% | +2.1% | -2.2% | 100% |
| Q3 2024 | +6.4% | +5.4% | +1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $766.9M | 72 |
| Q1 2026 | $715.1M | 70 |
| Q4 2025 | $733.8M | 70 |
| Q3 2025 | $704.4M | 70 |
| Q2 2025 | $669.2M | 80 |
| Q1 2025 | $883.6M | 75 |
| Q4 2024 | $999.7M | 69 |
| Q3 2024 | $1.0B | 72 |
| Q2 2024 | $952.1M | 74 |
| Q1 2024 | $1.0B | 76 |
| Q4 2023 | $958.7M | 74 |
| Q3 2023 | $886.2M | 70 |