SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Nexus Investment Management ULC

CIK 0001476329 · 111 RICHMOND STREET WEST, SUITE 801, TORONTO, A6, M5H 2G4 · 416-360-7830

Reported Value
$1.0B
Q1 2024
Positions
76
Filings on Record
31
2019–present window
Filed
Apr 10, 2024
original filing

Summary

Nexus Investment Management Ulc reported $1.0B in U.S.-listed holdings across 76 positions for Q1 2024.

Its largest position, JPM, represents 5.0% of the portfolio.

Compared with Q4 2023, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+2.8%
vs prior filed quarter
Top-10 Concentration
+40.4%
share of reported value
Largest Position
+5.0%
Jpmorgan Chase
New / Exited
3 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $572MQ4 ’18Q1 ’19: $677MQ2 ’19: $722MQ3 ’19: $703MQ4 ’19: $730MQ4 ’19Q1 ’20: $567MQ2 ’20: $650MQ3 ’20: $660MQ4 ’20: $776MQ4 ’20Q1 ’21: $877MQ2 ’21: $967MQ3 ’21: $926MQ4 ’21: $983MQ4 ’21Q1 ’22: $952MQ2 ’22: $871MQ3 ’22: $803MQ4 ’22: $886MQ4 ’22Q1 ’23: $906MQ2 ’23: $919MQ3 ’23: $886MQ4 ’23: $959MQ4 ’23Q1 ’24: $1.0BQ2 ’24: $952MQ3 ’24: $1.0BQ4 ’24: $1000MQ4 ’24Q1 ’25: $884MQ2 ’25: $669MQ3 ’25: $704MQ4 ’25: $734MQ4 ’25Q1 ’26: $715Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 94.8%Other: 5.0%ETP: 0.2%
  • Common Stock · 94.8% · $983M
  • Other · 5.0% · $52M
  • ETP · 0.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TXNTEXAS INSTRS INCNEW+87.8K87.8K+$15M$15M
KMIKINDER MORGAN INC DELNEW+32.0K32.0K+$586,880$586,880
BACBANK AMERICA CORPNEW+5.3K5.3K+$202,872$202,872
BIIBBIOGEN INCSOLD OUT−9200−$238,068$0
WDCWESTERN DIGITAL CORP.TRIMMED−410.4K4.0K−$21M$272,960
PPLPEMBINA PIPELINE CORPADDED+5.0K35.5K+$200,495$1M
WFCWELLS FARGO CO NEWTRIMMED−1.0K5.5K−$1,150$318,780
FTSFORTIS INCTRIMMED−14.5K83.4K−$742,542$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JPMJPMORGAN CHASE & COhistory →COM5.04%$52M260.9K
2RYROYAL BK CDAhistory →COM4.95%$51M509.0K
3TDTORONTO DOMINION BK ONThistory →COM NEW4.89%$51M840.4K
4METAMETA PLATFORMS INChistory →CL A4.78%$50M102.2K
5ROSTROSS STORES INChistory →COM3.78%$39M267.0K
6MSFTMICROSOFT CORPhistory →COM3.68%$38M90.7K
7GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.43%$36M234.2K
8BNSBANK NOVA SCOTIA HALIFAXhistory →COM3.43%$36M687.9K
9BROOKFIELD INFRAST PARTNERSLP INT UNIT3.38%$35M1.12M
10CSCOCISCO SYS INChistory →COM3.29%$34M683.8K
11AEPAMERICAN ELEC PWR CO INChistory →COM3.23%$34M389.7K
12TRVCCITIGROUP INChistory →COM NEW3.18%$33M521.5K
13CVSCVS HEALTH CORPhistory →COM3.16%$33M410.5K
14CVECENOVUS ENERGY INChistory →COM3.10%$32M1.61M
15EOGEOG RES INChistory →COM3.02%$31M245.3K
16KMXCARMAX INChistory →COM2.95%$31M351.1K
17DGDOLLAR GEN CORP NEWhistory →COM2.88%$30M191.8K
18TTELUS CORPORATIONhistory →COM2.84%$29M1.84M
19BSXBOSTON SCIENTIFIC CORPhistory →COM2.72%$28M412.4K
20ENBENBRIDGE INChistory →COM2.71%$28M776.8K
21UPSUNITED PARCEL SERVICE INChistory →CL B2.70%$28M188.7K
22CAECAE INChistory →COM2.63%$27M1.32M
23GMGENERAL MTRS COhistory →COM2.61%$27M597.1K
24SUSUNCOR ENERGY INC NEWhistory →COM2.46%$25M690.2K
25TRPTC ENERGY CORPhistory →COM2.39%$25M616.5K
26MGAMAGNA INTL INChistory →COM2.24%$23M426.6K
27PFEPFIZER INChistory →COM2.23%$23M833.8K
28GILDGILEAD SCIENCES INChistory →COM2.04%$21M289.5K
29DWDMORGAN STANLEYhistory →COM NEW1.65%$17M182.0K
30MEDTRONIC PLCSHS1.63%$17M193.5K
31TXNTEXAS INSTRS INChistory →COM1.47%$15M87.8K
32PRAAPRA GROUP INCCOM0.39%$4M155.0K
33CMCANADIAN IMPERIAL BK COMM TOCOM0.35%$4M72.5K
34BCEBCE INCCOM NEW0.35%$4M106.3K
35FTSFORTIS INCCOM0.32%$3M83.4K
36GLWCORNING INCCOM0.32%$3M99.6K
37FSVFIRSTSERVICE CORP NEWCOM0.31%$3M19.5K
38DHRDANAHER CORPORATIONCOM0.30%$3M12.4K
39UNPUNION PAC CORPCOM0.25%$3M10.7K
40ISHARES TRMSCI EAFE ETF0.24%$3M31.6K
41KRKROGER COCOM0.24%$2M43.4K
42OTXOPEN TEXT CORPCOM0.24%$2M63.1K
43BACVERIZON COMMUNICATIONS INCCOM0.19%$2M45.9K
44BMOBANK MONTREAL QUECOM0.16%$2M16.8K
45CRCCANADIAN NAT RES LTDCOM0.15%$2M20.5K
46CHVCHEVRON CORP NEWCOM0.14%$1M9.1K
47JNJJOHNSON & JOHNSONCOM0.13%$1M8.4K
48PPLPEMBINA PIPELINE CORPCOM0.12%$1M35.5K
49BNBROOKFIELD CORPCL A LTD VT SH0.12%$1M29.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$715M70Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$734M70Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$704M70Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$669M80Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$884M75Apr 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$1000M69Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.0B72Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$952M74Jul 23, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.0B76Apr 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$959M74Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$886M70Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$919M70Jul 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$906M73Apr 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$886M73Feb 8, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$803M64Oct 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$871M65Jul 6, 202213F-HRchanges · EDGAR ↗
Q1 2022$952M66Apr 8, 202213F-HRchanges · EDGAR ↗
Q4 2021$983M65Jan 13, 202213F-HRchanges · EDGAR ↗
Q3 2021$926M65Oct 7, 202113F-HRchanges · EDGAR ↗
Q2 2021$967M68Jul 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$877M68Apr 9, 202113F-HRchanges · EDGAR ↗
Q4 2020$776M68Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$660M65Oct 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$650M64Jul 8, 202013F-HRchanges · EDGAR ↗
Q1 2020$567M63Apr 3, 202013F-HRchanges · EDGAR ↗
Q4 2019$730M67Jan 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$703M66Oct 9, 201913F-HRchanges · EDGAR ↗
Q2 2019$722M67Jul 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$677M66Apr 4, 201913F-HRchanges · EDGAR ↗
Q4 2018$572M66Jan 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.