# QV Investors Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1570253. Source: https://holderbook.com/funds/1570253-qv-investors-inc/

- Reported value: $1.3B
- Positions: 68
- Weight of the ten largest: 42.5%
- Filed: 2026-07-21

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 |
|---|---|---|---|---|---|
| SUNOCOCORP LLC | [SUNC](https://holderbook.com/stocks/SUNC/) | $71.2M | 1,052,334 | 5.5% | 3 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $70.6M | 591,760 | 5.4% | 37 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $67.6M | 326,549 | 5.2% | 6 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $59.2M | 683,546 | 4.6% | 3 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $58.7M | 908,728 | 4.5% | 16 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $48.0M | 394,545 | 3.7% | 4 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $47.1M | 822,277 | 3.6% | 37 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $45.5M | 316,026 | 3.5% | 8 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $44.1M | 211,562 | 3.4% | 10 |
| EMERA INC | [EMA](https://holderbook.com/stocks/EMA/) | $39.6M | 747,226 | 3.0% | 5 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $38.2M | 487,300 | 2.9% | 26 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $37.7M | 696,095 | 2.9% | 4 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $36.5M | 554,841 | 2.8% | 22 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $35.3M | 511,665 | 2.7% | 2 |
| BRP INC | [DOO](https://holderbook.com/stocks/DOO/) | $34.1M | 558,363 | 2.6% | 4 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $34.0M | 292,372 | 2.6% | 13 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $27.7M | 649,449 | 2.1% | 4 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $26.6M | 818,963 | 2.0% | 5 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $24.1M | 355,987 | 1.9% | 2 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $21.1M | 534,597 | 1.6% | 6 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $21.1M | 162,995 | 1.6% | 27 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $19.8M | 307,772 | 1.5% | 26 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $18.9M | 139,795 | 1.5% | 31 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $18.4M | 159,850 | 1.4% | 6 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $17.7M | 369,468 | 1.4% | 29 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $17.6M | 156,597 | 1.4% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $17.1M | 62,791 | 1.3% | 28 |
| SOLVENTUM CORP | [SOLV](https://holderbook.com/stocks/SOLV/) | $16.9M | 218,692 | 1.3% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $16.4M | 230,060 | 1.3% | 2 |
| THOR INDS INC | [THO](https://holderbook.com/stocks/THO/) | $14.9M | 197,996 | 1.1% | 26 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $14.8M | 61,920 | 1.1% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.3M | 38,460 | 1.1% | 1 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $12.4M | 206,353 | 1.0% | 3 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $12.2M | 56,110 | 0.9% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $11.7M | 70,457 | 0.9% | 29 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $11.6M | 32,410 | 0.9% | 25 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $11.3M | 19,724 | 0.9% | 16 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $10.8M | 136,530 | 0.8% | 4 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $10.6M | 104,060 | 0.8% | 26 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $10.3M | 24,874 | 0.8% | 27 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $10.2M | 49,472 | 0.8% | 24 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $8.9M | 262,000 | 0.7% | 3 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $8.6M | 63,161 | 0.7% | 1 |
| NRC HEALTH | [NRC](https://holderbook.com/stocks/NRC/) | $8.0M | 372,503 | 0.6% | 18 |
| HIMS & HERS HEALTH INC | [HIMS](https://holderbook.com/stocks/HIMS/) | $7.8M | 224,130 | 0.6% | 1 |
| BANK OZK LITTLE ROCK ARK | [OZK](https://holderbook.com/stocks/OZK/) | $7.4M | 142,060 | 0.6% | 29 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $7.1M | 74,347 | 0.5% | 21 |
| WARRIOR MET COAL INC | [HCC](https://holderbook.com/stocks/HCC/) | $6.8M | 84,095 | 0.5% | 4 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $6.7M | 2,102 | 0.5% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $6.6M | 25,880 | 0.5% | 31 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $6.4M | 53,310 | 0.5% | 28 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $5.3M | 7,420 | 0.4% | 29 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.0M | 9,931 | 0.4% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.0M | 12,245 | 0.3% | 31 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.8M | 23,730 | 0.3% | 29 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $3.8M | 17,880 | 0.3% | 26 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $3.2M | 4,490 | 0.2% | 6 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $3.1M | 9,220 | 0.2% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.0M | 8,597 | 0.2% | 26 |
| XPEL INC | [XPEL](https://holderbook.com/stocks/XPEL/) | $2.6M | 51,650 | 0.2% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.5M | 26,340 | 0.2% | 26 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.4M | 18,367 | 0.2% | 29 |
| HAEMONETICS CORP MASS | [HAE](https://holderbook.com/stocks/HAE/) | $2.3M | 30,720 | 0.2% | 6 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $2.1M | 2,829 | 0.2% | 29 |
| TREX INC | [TREX](https://holderbook.com/stocks/TREX/) | $1.6M | 32,270 | 0.1% | 1 |
| ONE GAS INC | [OGS](https://holderbook.com/stocks/OGS/) | $1.5M | 19,660 | 0.1% | 10 |
| VIPER ENERGY INC | [VNOM](https://holderbook.com/stocks/VNOM/) | $1.5M | 35,215 | 0.1% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.0M | 18,210 | 0.1% | 28 |

## 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 | +6.6% | +14.8% | -8.2% | 100% |
| Q1 2026 | +3.0% | -4.6% | +7.6% | 100% |
| Q4 2025 | +5.8% | +2.4% | +3.4% | 98% |
| Q3 2025 | +2.9% | +7.8% | -4.9% | 100% |
| Q2 2025 | +8.5% | +10.5% | -2.0% | 100% |
| Q1 2025 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2024 | -3.4% | +2.1% | -5.5% | 100% |
| Q3 2024 | +9.4% | +5.4% | +4.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.3B | 68 |
| Q1 2026 | $1.2B | 65 |
| Q4 2025 | $1.2B | 64 |
| Q3 2025 | $1.2B | 63 |
| Q2 2025 | $1.0B | 63 |
| Q1 2025 | $990.4M | 65 |
| Q4 2024 | $969.9M | 63 |
| Q3 2024 | $1.1B | 65 |
| Q2 2024 | $1.1B | 64 |
| Q1 2024 | $1.2B | 65 |
| Q4 2023 | $1.1B | 66 |
| Q3 2023 | $964.1M | 65 |