# Credential Qtrade Securities Inc.

> Institutional holdings reported to the SEC as of Q1 2024 on Form 13F. CIK 2077908. Source: https://holderbook.com/funds/2077908-credential-qtrade-securities-inc/

- Reported value: $1.9B
- Positions: 379
- Weight of the ten largest: 41.1%
- Filed: 2025-07-21

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 |
|---|---|---|---|---|---|
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $128.2M | 2,124,259 | 6.9% | 23 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $97.9M | 1,283,500 | 5.3% | 23 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $92.8M | 950,068 | 5.0% | 23 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $72.1M | 258,217 | 3.9% | 23 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $68.6M | 863,776 | 3.7% | 23 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $67.9M | 770,157 | 3.6% | 4 |
| SAP SE | [SAP](https://holderbook.com/stocks/SAP/) | $66.0M | 338,580 | 3.5% | 23 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $60.0M | 543,731 | 3.2% | 21 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $57.0M | 1,360,726 | 3.1% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $54.8M | 110,783 | 2.9% | 23 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $50.7M | 87,242 | 2.7% | 23 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $50.5M | 1,396,833 | 2.7% | 23 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $48.4M | 104,149 | 2.6% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $47.9M | 314,577 | 2.6% | 23 |
| MIDDLEBY CORP | [MIDD](https://holderbook.com/stocks/MIDD/) | $46.1M | 286,800 | 2.5% | 22 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $43.7M | 327,139 | 2.3% | 10 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $43.5M | 646,018 | 2.3% | 8 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $41.9M | 1,021,201 | 2.2% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $35.1M | 200,722 | 1.9% | 23 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $33.2M | 167,465 | 1.8% | 2 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $32.3M | 216,864 | 1.7% | 23 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $31.5M | 273,439 | 1.7% | 23 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $30.5M | 231,280 | 1.6% | 23 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $29.4M | 116,414 | 1.6% | 23 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $28.1M | 66,786 | 1.5% | 23 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $25.7M | 378,209 | 1.4% | 23 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $19.2M | 190,275 | 1.0% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $18.7M | 35,736 | 1.0% | 22 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $15.8M | 305,240 | 0.8% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $13.4M | 88,520 | 0.7% | 23 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $12.3M | 304,881 | 0.7% | 20 |
| THOMSON REUTERS CORP | [TRIXXXX](https://holderbook.com/stocks/TRIXXXX/) | $11.1M | 71,279 | 0.6% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $10.9M | 14,861 | 0.6% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.5M | 60,956 | 0.6% | 23 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $10.1M | 84,790 | 0.5% | 23 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $9.7M | 7,323 | 0.5% | 17 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $8.1M | 238,953 | 0.4% | 23 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $8.0M | 46,798 | 0.4% | 23 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $8.0M | 31,953 | 0.4% | 23 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $7.7M | 18,209 | 0.4% | 23 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.7M | 36,875 | 0.4% | 23 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $6.6M | 121,698 | 0.4% | 23 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $6.5M | 47,194 | 0.3% | 23 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $6.4M | 40,222 | 0.3% | 23 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $6.3M | 13,075 | 0.3% | 23 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $6.0M | 21,453 | 0.3% | 23 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $5.9M | 36,983 | 0.3% | 17 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.7M | 13,462 | 0.3% | 23 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $5.5M | 71,613 | 0.3% | 4 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $5.3M | 52,580 | 0.3% | 23 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $5.3M | 333,247 | 0.3% | 23 |
| GRANITE REAL ESTATE INVT TR | [GRPU](https://holderbook.com/stocks/GRPU/) | $5.2M | 91,106 | 0.3% | 17 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $5.1M | 93,683 | 0.3% | 23 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $4.9M | 198,118 | 0.3% | 23 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $4.5M | 122,993 | 0.2% | 23 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $4.3M | 12,479 | 0.2% | 23 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $4.3M | 42,946 | 0.2% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.2M | 8,671 | 0.2% | 23 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $4.1M | 18,964 | 0.2% | 23 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $3.9M | 83,840 | 0.2% | 18 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $3.9M | 109,815 | 0.2% | 23 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $3.8M | 29,887 | 0.2% | 17 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $3.8M | 69,555 | 0.2% | 23 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $3.6M | 53,175 | 0.2% | 9 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.4M | 42,913 | 0.2% | 23 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $3.2M | 3,321 | 0.2% | 23 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $3.1M | 80,651 | 0.2% | 13 |
| COLLIERS INTL GROUP INC | [CIGI](https://holderbook.com/stocks/CIGI/) | $3.1M | 25,436 | 0.2% | 18 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $3.1M | 77,773 | 0.2% | 23 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $3.0M | 16,521 | 0.2% | 23 |
| OPEN TEXT CORP | [OTEX](https://holderbook.com/stocks/OTEX/) | $2.7M | 69,825 | 0.1% | 23 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $2.6M | 43,809 | 0.1% | 23 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $2.6M | 37,735 | 0.1% | 14 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $2.6M | 4,567 | 0.1% | 17 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $2.6M | 13,371 | 0.1% | 23 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.5M | 15,640 | 0.1% | 23 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $2.5M | 11,720 | 0.1% | 23 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $2.4M | 47,886 | 0.1% | 23 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $2.2M | 38,418 | 0.1% | 17 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $2.2M | 26,341 | 0.1% | 23 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.1M | 8,327 | 0.1% | 23 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.1M | 12,172 | 0.1% | 21 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.1M | 18,516 | 0.1% | 23 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.1M | 5,353 | 0.1% | 23 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $2.0M | 8,064 | 0.1% | 23 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $2.0M | 2,379 | 0.1% | 23 |
| COCA-COLA EUROPACIFIC PARTNE | [CCEP](https://holderbook.com/stocks/CCEP/) | $2.0M | 27,947 | 0.1% | 23 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $1.9M | 39,310 | 0.1% | 22 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $1.9M | 27,972 | 0.1% | 23 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.9M | 27,067 | 0.1% | 23 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $1.8M | 17,734 | 0.1% | 5 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $1.8M | 11,409 | 0.1% | 23 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $1.8M | 20,738 | 0.1% | 23 |
| ATS CORPORATION | [ATS](https://holderbook.com/stocks/ATS/) | $1.8M | 52,296 | 0.1% | 4 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $1.7M | 8,450 | 0.1% | 11 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $1.7M | 25,478 | 0.1% | 22 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.7M | 14,301 | 0.1% | 6 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $1.7M | 14,989 | 0.1% | 19 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $1.7M | 44,664 | 0.1% | 23 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $1.6M | 7,971 | 0.1% | 23 |

## 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 |
|---|---|---|---|---|
| Q1 2024 | +5.1% | +10.0% | -4.9% | 100% |
| Q4 2023 | +9.9% | +11.2% | -1.3% | 100% |
| Q3 2023 | -4.8% | -3.6% | -1.3% | 100% |
| Q2 2023 | +3.7% | +8.3% | -4.6% | 100% |
| Q1 2023 | +3.4% | +7.0% | -3.7% | 100% |
| Q4 2022 | +8.1% | +7.1% | +1.0% | 100% |
| Q3 2022 | -9.0% | -5.3% | -3.7% | 100% |
| Q2 2022 | -14.3% | -16.5% | +2.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2024 | $1.9B | 379 |
| Q4 2023 | $1.7B | 374 |
| Q3 2023 | $1.5B | 346 |
| Q2 2023 | $1.6B | 374 |
| Q1 2023 | $1.5B | 397 |
| Q4 2022 | $1.4B | 338 |
| Q3 2022 | $1.3B | 374 |
| Q2 2022 | $1.4B | 354 |
| Q1 2022 | $1.6B | 353 |
| Q4 2021 | $1.5B | 378 |
| Q3 2021 | $1.3B | 342 |
| Q2 2021 | $1.3B | 358 |