Managers / Q3 2021 · view latest →
DAVIS-REA LTD.
CIK 0001482171 · 23 BEDFORD ROAD, SUITE 100, TORONTO, M5R 2J9 · 416 324 2200
Summary
Davis-Rea Ltd. reported $204M in U.S.-listed holdings across 54 positions for Q3 2021.
Its largest position, AMZN, represents 6.2% of the portfolio.
Compared with Q2 2021, the fund opened 1 new position and exited 7.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 85.9% · $176M
- Other · 13.6% · $28M
- ETP · 0.5% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CRCCANADIAN NATURAL RESOURCES LTD | NEW | +7.2K | 7.2K | +$266,000 | $266,000 |
| AQNALLIED PROPERTIES REIT T/U | ADDED | +24.3K | 36.7K | +$768,000 | $954,000 |
| SHOPSHOPIFY INC CL-A SVS | ADDED | +500 | 779 | +$642,000 | $1M |
| UNPUNION PACIFIC CORP | SOLD OUT | −1.5K | 0 | −$338,000 | $0 |
| PGPROCTER & GAMBLE CO | SOLD OUT | −1.8K | 0 | −$249,000 | $0 |
| MMM3M COMPANY | SOLD OUT | −1.3K | 0 | −$248,000 | $0 |
| TRPTC ENERGY CORP | SOLD OUT | −4.5K | 0 | −$227,000 | $0 |
| PFEPFIZER INC | SOLD OUT | −5.8K | 0 | −$227,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2021
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $384M | 54 | Apr 30, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $400M | 56 | Jan 28, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $412M | 58 | Oct 28, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $403M | 60 | Jul 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $376M | 51 | May 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $198M | 31 | Feb 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $230M | 38 | Oct 28, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $200M | 34 | Jul 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $220M | 35 | May 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $195M | 36 | Jan 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $184M | 40 | Oct 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $178M | 39 | Jul 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | Under review | 42 | Apr 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 41 | Jan 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $156M | 40 | Oct 21, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $336M | 88 | Jul 21, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $206M | 44 | Apr 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $215M | 46 | Jan 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $204M | 54 | Oct 25, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $202M | 59 | Jul 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $187M | 57 | May 3, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $178M | 58 | Jan 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $149M | 54 | Nov 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $131M | 49 | Jul 20, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $103M | 44 | Apr 30, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $146M | 47 | Jan 27, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $137M | 45 | Oct 29, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $174M | 58 | Jul 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $170M | 55 | Apr 11, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $151M | 50 | Jan 22, 2019 | 13F-HR | changes · 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 ↗.