# BCV Asset Management Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2110721. Source: https://holderbook.com/funds/2110721-bcv-asset-management-inc/

- Reported value: $3.3B
- Positions: 116
- Weight of the ten largest: 37.9%
- Filed: 2026-08-10

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 |
|---|---|---|---|---|---|
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $173.7M | 445,719 | 5.2% | 3 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $160.0M | 780,250 | 4.8% | 3 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $154.2M | 3,655,048 | 4.7% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $142.4M | 401,804 | 4.3% | 3 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $116.2M | 417,345 | 3.5% | 3 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $113.2M | 642,300 | 3.4% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $112.4M | 161,516 | 3.4% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $99.5M | 80,697 | 3.0% | 3 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $94.4M | 1,084,795 | 2.9% | 3 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $87.7M | 306,656 | 2.6% | 3 |
| SUNOCOCORP LLC | [SUNC](https://holderbook.com/stocks/SUNC/) | $86.5M | 1,261,725 | 2.6% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $84.2M | 227,873 | 2.5% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $83.6M | 328,038 | 2.5% | 3 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $77.2M | 1,493,903 | 2.3% | 3 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $76.3M | 457,046 | 2.3% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $75.6M | 276,791 | 2.3% | 3 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $74.9M | 39,695 | 2.3% | 3 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $73.7M | 1,577,026 | 2.2% | 3 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $72.4M | 1,048,820 | 2.2% | 3 |
| FIRSTSERVICE CORP NEW | [FSV](https://holderbook.com/stocks/FSV/) | $72.0M | 506,534 | 2.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $70.5M | 205,889 | 2.1% | 3 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $67.8M | 866,769 | 2.0% | 3 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $66.7M | 1,693,724 | 2.0% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $65.5M | 155,800 | 2.0% | 3 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $63.5M | 101,151 | 1.9% | 3 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $62.4M | 962,137 | 1.9% | 3 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $62.1M | 321,266 | 1.9% | 3 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $59.4M | 668,136 | 1.8% | 3 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $56.0M | 645,809 | 1.7% | 3 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $54.9M | 509,283 | 1.7% | 1 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $44.0M | 386,903 | 1.3% | 3 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $38.5M | 266,364 | 1.2% | 2 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $34.7M | 288,600 | 1.0% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $31.4M | 117,396 | 0.9% | 1 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $31.2M | 190,375 | 0.9% | 3 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $28.6M | 72,694 | 0.9% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $26.5M | 53,236 | 0.8% | 3 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $25.7M | 184,713 | 0.8% | 3 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $25.0M | 49,246 | 0.8% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $24.6M | 102,071 | 0.7% | 3 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $24.4M | 160,926 | 0.7% | 3 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $21.0M | 389,604 | 0.6% | 3 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $18.4M | 169,034 | 0.6% | 3 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $18.2M | 76,299 | 0.6% | 3 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $17.3M | 21,247 | 0.5% | 3 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $17.0M | 169,765 | 0.5% | 1 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $16.5M | 36,751 | 0.5% | 3 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $16.3M | 104,466 | 0.5% | 3 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $13.8M | 87,207 | 0.4% | 1 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $10.6M | 68,640 | 0.3% | 3 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $10.4M | 47,113 | 0.3% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $9.3M | 94,050 | 0.3% | 3 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $9.2M | 35,563 | 0.3% | 2 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $8.6M | 37,443 | 0.3% | 3 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $8.2M | 44,831 | 0.2% | 3 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $7.6M | 18,700 | 0.2% | 1 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $7.5M | 3,809 | 0.2% | 3 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $6.9M | 57,251 | 0.2% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.8M | 23,979 | 0.2% | 2 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $6.3M | 109,041 | 0.2% | 3 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $6.1M | 11,988 | 0.2% | 3 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $6.1M | 89,367 | 0.2% | 3 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $6.1M | 109,615 | 0.2% | 3 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $6.1M | 58,475 | 0.2% | 3 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $5.2M | 207,452 | 0.2% | 3 |
| SOUTH BOW CORP | [SOBO](https://holderbook.com/stocks/SOBO/) | $5.1M | 141,527 | 0.2% | 2 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $4.6M | 124,450 | 0.1% | 3 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $4.3M | 106,606 | 0.1% | 3 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $3.7M | 9,426 | 0.1% | 2 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $3.3M | 20,322 | 0.1% | 3 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $2.9M | 8,380 | 0.1% | 2 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $2.8M | 124,215 | 0.1% | 3 |
| BROOKFIELD RENEWABLE ENERGY | [BEP](https://holderbook.com/stocks/BEP/) | $2.4M | 67,889 | 0.1% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.3M | 6,986 | 0.1% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.2M | 11,385 | 0.1% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.2M | 37,830 | 0.1% | 3 |
| VODAFONE GROUP PLC | [VOD](https://holderbook.com/stocks/VOD/) | $2.0M | 148,295 | 0.1% | 3 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $1.6M | 9,525 | 0.0% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.4M | 4,065 | 0.0% | 2 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $1.3M | 28,592 | 0.0% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.1M | 5,615 | 0.0% | 2 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $957.7K | 51,625 | 0.0% | 2 |
| ELDORADO GOLD CORP NEW | [EGO](https://holderbook.com/stocks/EGO/) | $916.8K | 29,454 | 0.0% | 1 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $877.5K | 2,516 | 0.0% | 2 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $867.3K | 2,660 | 0.0% | 2 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $776.9K | 71,902 | 0.0% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $745.0K | 1 | 0.0% | 2 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $705.7K | 3,798 | 0.0% | 2 |
| ALGONQUIN POWER & UTILITIES | [AQN](https://holderbook.com/stocks/AQN/) | $589.6K | 98,524 | 0.0% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $569.2K | 1,053 | 0.0% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $567.3K | 598 | 0.0% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $463.3K | 1,318 | 0.0% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $456.8K | 398 | 0.0% | 1 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $447.1K | 6,438 | 0.0% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $440.1K | 1,699 | 0.0% | 2 |
| PHOTRONICS INC | [PLAB](https://holderbook.com/stocks/PLAB/) | $420.0K | 13,400 | 0.0% | 2 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $402.5K | 3,554 | 0.0% | 2 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $368.7K | 2,950 | 0.0% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $364.5K | 987 | 0.0% | 2 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $357.9K | 4,600 | 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 | +18.5% | +14.8% | +3.6% | 100% |
| Q1 2026 | -1.4% | -4.6% | +3.2% | 73% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.3B | 116 |
| Q1 2026 | $2.9B | 120 |
| Q4 2025 | $4.0B | 73 |