SEC 13F Intelligence

Managers / Q4 2023 · view latest →

DAVIS-REA LTD.

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

Reported Value
$195M
Q4 2023
Positions
36
Filings on Record
30
2019–present window
Filed
Jan 24, 2024
original filing

Summary

Davis-Rea Ltd. reported $195M in U.S.-listed holdings across 36 positions for Q4 2023.

Its largest position, AMZN, represents 10.1% of the portfolio.

Compared with Q3 2023, the fund opened 1 new position and exited 5.

Portfolio Metrics

Turnover
+12.5%
vs prior filed quarter
Top-10 Concentration
+62.4%
share of reported value
Largest Position
+10.1%
Amazon Com
New / Exited
1 / 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: 94.4%Other: 5.6%
  • Common Stock · 94.4% · $185M
  • Other · 5.6% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CBOECBOE GLOBAL MARKETS INCNEW+35.0K35.0K+$6M$6M
NFLXNETFLIX INCSOLD OUT−22.5K0−$8M$0
CZRCAESARS ENTERTAINMENT INCSOLD OUT−50.0K0−$2M$0
iSHARES 20 YR TREAS BOND FUNDSOLD OUT−20.0K0−$2M$0
DISWALT DISNEY CO.SOLD OUT−7.6K0−$614,116$0
SPDR S&P 500 ETFSOLD OUT−5090−$218,393$0
HDHOME DEPOT INCTRIMMED−4.0K2.7K−$1M$938,457
PPLPEMBINA PIPELINE CORPTRIMMED−8.8K6.1K−$238,540$210,759

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

Holdings — Q4 2023

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON.COM INChistory →COM10.11%$20M130.0K
2MSFTMICROSOFT CORPORATIONhistory →COM8.46%$17M43.9K
3METAMETA PLATFORMS INChistory →CL8.22%$16M45.4K
4GOOGLALPHABET INC CL-Ahistory →CAP STK CL A7.11%$14M99.5K
5SYKSTRYKER CORPhistory →COM5.60%$11M36.5K
6TMOTHERMO FISHER SCIENTIFIC INChistory →COM5.40%$11M19.9K
7ROKROCKWELL AUTOMATION INChistory →COM4.60%$9M28.9K
8MCDMcDONALD'S CORPhistory →COM4.49%$9M29.6K
9SNPSSYNOPSYS INChistory →COM4.24%$8M16.1K
10ACCENTURE PLC-CL ASHS CLASS A4.16%$8M23.2K
11BACBANK OF AMERICA CORPhistory →COM4.02%$8M233.2K
12CBOECBOE GLOBAL MARKETS INChistory →COM3.20%$6M35.0K
13TDTORONTO DOMINION BANKhistory →COM NEW3.13%$6M94.4K
14JPMJPMORGAN CHASE & COhistory →COM3.11%$6M35.7K
15PNCPNC FINANCIAL SERVICES GROUPhistory →COM3.06%$6M38.6K
16FT2FIRST HORIZON CORPhistory →COM3.04%$6M415.4K
17DHRDANAHER CORPhistory →COM2.76%$5M23.3K
18UNHUNITEDHEALTH GROUP INChistory →COM2.69%$5M10.0K
19AAPLAPPLE INChistory →COM2.04%$4M20.7K
20CITCINTAS CORPORATIONhistory →COM1.87%$4M6.0K
21RYROYAL BANK OF CANADAhistory →COM1.77%$3M34.0K
22BROOKFIELD INFRASTRUCTURE PARTNERS LPLP INT UNIT1.40%$3M87.1K
23BNBROOKFIELD CORPORATION CL-A LVShistory →CL A LTD VT SH1.26%$2M61.0K
24ENBENBRIDGE INCCOM0.72%$1M38.9K
25FTSFORTIS INCCOM0.64%$1M30.5K
26PEPPEPSICO INCCOM0.54%$1M6.2K
27BMOBANK OF MONTREALCOM0.48%$946,3909.5K
28HDHOME DEPOT INCCOM0.48%$938,4572.7K
29BNSBANK OF NOVA SCOTIACOM0.44%$866,06417.7K
30SHOPSHOPIFY INC CL-A SVSCL A0.29%$567,4227.3K
311939900DBROOKFIELD INFRASTRUCTURE CORPORATIONCOM SB VTG SHS A0.28%$555,21815.7K
32GOOGALPHABET INC CL-CCAP STK CL C0.11%$220,5551.6K
33PPLPEMBINA PIPELINE CORPCOM0.11%$210,7596.1K
34BRK/BBERKSHIRE HATHAWAY-B INCCL B NEW0.11%$210,429590
35AQNALGONQUIN POWER & UTILITIESCOM0.04%$70,36010.9K
36BTEBAYTEX ENERGY CORPCOM0.03%$66,76420.0K

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 ↗.