SEC 13F Intelligence

Managers / Q2 2023 · view latest →

DAVIS-REA LTD.

CIK 0001482171 · 23 BEDFORD ROAD, SUITE 100, TORONTO, M5R 2J9 · 416 324 2200

Reported Value
$178M
Q2 2023
Positions
39
Filings on Record
30
2019–present window
Filed
Jul 13, 2023
original filing

Summary

Davis-Rea Ltd. reported $178M in U.S.-listed holdings across 39 positions for Q2 2023.

Its largest position, AMZN, represents 10.2% of the portfolio.

Compared with Q1 2023, the fund opened 2 new positions and exited 5.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+55.5%
share of reported value
Largest Position
+10.2%
Amazon Com
New / Exited
2 / 5
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: $151MQ4 ’18Q1 ’19: $170MQ2 ’19: $174MQ3 ’19: $137MQ4 ’19: $146MQ4 ’19Q1 ’20: $103MQ2 ’20: $131MQ3 ’20: $149MQ4 ’20: $178MQ4 ’20Q1 ’21: $187MQ2 ’21: $202MQ3 ’21: $204MQ4 ’21: $215MQ4 ’21Q1 ’22: $206MQ2 ’22: $336MQ3 ’22: $156MQ2 ’23: $178MQ2 ’23Q3 ’23: $184MQ4 ’23: $195MQ1 ’24: $220MQ2 ’24: $200MQ2 ’24Q3 ’24: $230MQ4 ’24: $198MQ1 ’25: $376MQ2 ’25: $403MQ2 ’25Q3 ’25: $412MQ4 ’25: $400MQ1 ’26: $384Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 93.3%Other: 6.6%ETP: 0.1%
  • Common Stock · 93.3% · $166M
  • Other · 6.6% · $12M
  • ETP · 0.1% · $226,463

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FT2FIRST HORIZON CORPNEW+312.5K312.5K+$4M$4M
AWNADVANCE AUTO PARTS INCNEW+10.0K10.0K+$703,000$703,000
BCEBCE INCSOLD OUT−34.4K0−$2M$0
NETCLOUDFLARE, INC. CL-ASOLD OUT−25.1K0−$2M$0
FTVFORTIVE CORPSOLD OUT−7.5K0−$513,388$0
CRCCANADIAN NATURAL RESOURCES LTDSOLD OUT−4.3K0−$238,684$0
TRICON RESIDENTIAL INCSOLD OUT−13.0K0−$100,709$0
DISWALT DISNEY CO.TRIMMED−13.5K8.7K−$1M$778,522

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

Holdings — Q2 2023

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON.COM INChistory →COM10.23%$18M139.8K
2GOOGLALPHABET INC CL-Ahistory →CAP STK CL A7.13%$13M106.1K
3METAMETA PLATFORMS INC CL-Ahistory →CL A5.97%$11M37.0K
4BACBANK OF AMERICA CORPhistory →COM5.00%$9M310.7K
5SYKSTRYKER CORPhistory →COM4.76%$8M27.7K
6MSFTMICROSOFT CORPORATIONhistory →COM4.67%$8M24.5K
7TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.54%$8M15.5K
8ROKROCKWELL AUTOMATION INChistory →COM4.46%$8M24.1K
9TDTORONTO DOMINION BANKhistory →COM NEW4.43%$8M127.1K
10ACCENTURE PLC-CL ASHS CLASS A4.28%$8M24.7K
11AAPLAPPLE INChistory →COM3.70%$7M33.9K
12DHRDANAHER CORPhistory →COM3.57%$6M26.4K
13MCDMcDONALD'S CORPhistory →COM3.38%$6M20.2K
14UNHUNITEDHEALTH GROUP INChistory →COM3.32%$6M12.3K
15JPMJPMORGAN CHASE & COhistory →COM3.30%$6M40.5K
16PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.87%$5M40.6K
17SNPSSYNOPSYS INChistory →COM2.71%$5M11.1K
18RYROYAL BANK OF CANADAhistory →COM2.38%$4M44.3K
19BROOKFIELD INFRASTRUCTURE PARTNERS LPLP INT UNIT2.33%$4M113.1K
20RTXRAYTHEON TECHNOLOGIES CORPhistory →COM2.30%$4M41.8K
21BNBROOKFIELD CORPORATION CL-A LVShistory →CL A LTD VT SH2.23%$4M118.2K
22FT2FIRST HORIZON CORPhistory →COM2.00%$4M312.5K
23CITCINTAS CORPORATIONhistory →COM1.94%$3M7.0K
24HDHOME DEPOT INChistory →COM1.32%$2M7.6K
25ENBENBRIDGE INChistory →COM1.21%$2M58.0K
26FTSFORTIS INCCOM0.92%$2M37.9K
271939900DBROOKFIELD INFRASTRUCTURE CORPORATIONCOM SB VTG SHS A0.89%$2M34.8K
28PEPPEPSICO INCCOM0.78%$1M7.5K
29BMOBANK OF MONTREALCOM0.61%$1M12.0K
30BNSBANK OF NOVA SCOTIACOM0.53%$940,42618.8K
31BAMBROOKFIELD ASSET MANAGEMENT INC CLACL A LMT VTG SHS0.49%$873,03026.7K
32DISWALT DISNEY CO.COM0.44%$778,5228.7K
33AWNADVANCE AUTO PARTS INCCOM0.39%$703,00010.0K
34PPLPEMBINA PIPELINE CORPCOM0.27%$472,62815.0K
35SHOPSHOPIFY INC CL-A SVSCL A0.26%$470,2047.3K
36BRK/BBERKSHIRE HATHAWAY-B INCCL B NEW0.17%$307,241901
37SPDR S&P 500 ETFTR UNIT0.13%$226,463509
38AQNALGONQUIN POWER & UTILITIESCOM0.06%$102,79912.3K
39BTEBAYTEX ENERGY CORPCOM0.04%$65,36420.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$384M54Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$400M56Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$412M58Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$403M60Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$376M51May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$198M31Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$230M38Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$200M34Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$220M35May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$195M36Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$184M40Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$178M39Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review42Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review41Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$156M40Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$336M88Jul 21, 202213F-HRchanges · EDGAR ↗
Q1 2022$206M44Apr 25, 202213F-HRchanges · EDGAR ↗
Q4 2021$215M46Jan 25, 202213F-HRchanges · EDGAR ↗
Q3 2021$204M54Oct 25, 202113F-HRchanges · EDGAR ↗
Q2 2021$202M59Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$187M57May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$178M58Jan 15, 202113F-HRchanges · EDGAR ↗
Q3 2020$149M54Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$131M49Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$103M44Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$146M47Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$137M45Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$174M58Jul 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$170M55Apr 11, 201913F-HRchanges · EDGAR ↗
Q4 2018$151M50Jan 22, 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 ↗.