SEC 13F Intelligence

Managers / Q1 2026

JCIC Asset Management Inc.

CIK 0001492040 · 500-320 BAY STREET, TORONTO, A6, M5H 4A6 · 416-366-1122

Reported Value
$326M
Q1 2026
Positions
113
Filings on Record
29
2019–present window
Filed
Apr 13, 2026
original filing

Summary

Jcic Asset Management Inc. reported $326M in U.S.-listed holdings across 113 positions for Q1 2026.

Its largest position, GOOG, represents 6.1% of the portfolio.

Compared with Q4 2025, the fund opened 7 new positions and exited 8.

Portfolio Metrics

Turnover
+17.4%
vs prior filed quarter
Top-10 Concentration
+45.2%
share of reported value
Largest Position
+6.1%
Alphabet
New / Exited
7 / 8
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: $226MQ4 ’18Q1 ’19: $252MQ2 ’19: $241MQ3 ’19: $228MQ4 ’19: $258MQ4 ’19Q1 ’20: $162MQ2 ’20: $194MQ3 ’20: $216MQ4 ’20: $248MQ4 ’20Q1 ’21: $284MQ2 ’21: $389MQ3 ’21: $304MQ4 ’21: $334MQ4 ’21Q1 ’22: $323MQ2 ’22: $186MQ3 ’22: $217MQ2 ’23: $220MQ2 ’23Q3 ’23: $197MQ4 ’23: $224MQ1 ’24: $243MQ2 ’24: $243MQ2 ’24Q3 ’24: $244MQ4 ’24: $247MQ1 ’25: $239MQ3 ’25: $320MQ3 ’25Q4 ’25: $327MQ1 ’26: $326Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 86.1%ADR: 9.6%ETP: 4.2%Other: 0.1%
  • Common Stock · 86.1% · $281M
  • ADR · 9.6% · $31M
  • ETP · 4.2% · $14M
  • Other · 0.1% · $408,697

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AEMAGNICO EAGLE MINES LTDNEW+54.1K54.1K+$11M$11M
ISHARES TRNEW+25.9K25.9K+$6M$6M
SPDR SERIES TRUSTNEW+68.3K68.3K+$6M$6M
HBMHUDBAY MINERALS INCNEW+161.8K161.8K+$3M$3M
FSVFIRSTSERVICE CORP NEWNEW+17.9K17.9K+$2M$2M
BUDANHEUSER BUSCH INBEV SA/NVNEW+31.1K31.1K+$2M$2M
LYGLLOYDS BANKING GROUP PLCNEW+416.9K416.9K+$2M$2M
FCXFREEPORT-MCMORAN INCADDED+61.9K63.6K+$4M$4M

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

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INChistory →CAP STK CL C6.07%$20M69.1K
2JPMJPMORGAN CHASE & CO.history →COM5.78%$19M64.1K
3AAPLAPPLE INChistory →COM5.47%$18M70.4K
4NVDANVIDIA CORPORATIONhistory →COM4.73%$15M88.5K
5AMZNAMAZON COM INChistory →COM4.52%$15M70.9K
6MSFTMICROSOFT CORPhistory →COM4.27%$14M37.7K
7RYROYAL BK CDAhistory →COM4.15%$14M83.9K
8VLOVALERO ENERGY CORPhistory →COM3.57%$12M47.1K
9AEMAGNICO EAGLE MINES LTDhistory →COM3.36%$11M54.1K
10ENBENBRIDGE INChistory →COM3.30%$11M199.0K
11BBARRICK MNG CORPhistory →COM SHS2.68%$9M214.6K
12BMOBANK MONTREAL QUEhistory →COM2.54%$8M61.4K
13WMTWALMART INChistory →COM2.50%$8M65.6K
14TDTORONTO DOMINION BK ONThistory →COM NEW2.47%$8M86.7K
15CVECENOVUS ENERGY INChistory →COM2.37%$8M292.2K
16VVISA INChistory →COM CL A2.27%$7M24.5K
17MFCMANULIFE FINL CORPhistory →COM2.26%$7M215.0K
18SHOPSHOPIFY INChistory →CL A SUB VTG SHS2.15%$7M59.2K
19ISHARES TRRUSSELL 2000 ETF1.97%$6M25.9K
20SPDR SERIES TRUSTBLOOMBERG 1-3 MO1.92%$6M68.3K
21TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.83%$6M17.7K
22WCNWASTE CONNECTIONS INChistory →COM1.73%$6M34.8K
23CRCCANADIAN NAT RES LTDhistory →COM1.45%$5M97.4K
24METAMETA PLATFORMS INChistory →CL A1.45%$5M8.3K
25HDHOME DEPOT INChistory →COM1.43%$5M14.2K
26UBERUBER TECHNOLOGIES INChistory →COM1.40%$5M63.4K
27CSXCSX CORPhistory →COM1.39%$5M110.9K
28CCOCAMECO CORPhistory →COM1.38%$5M41.5K
29SHELSHELL PLChistory →SPON ADS1.30%$4M45.6K
30FCXFREEPORT-MCMORAN INChistory →CL B1.15%$4M63.6K
31CMCANADIAN IMPERIAL BANK OF COhistory →COM1.14%$4M39.3K
32LLYELI LILLY & COhistory →COM1.13%$4M4.0K
33BAMBROOKFIELD ASSET MANAGMT LTDhistory →CL A LMT VTG SHS1.09%$4M79.9K
34HBMHUDBAY MINERALS INChistory →COM1.04%$3M161.8K
35GE AEROSPACECOM NEW1.03%$3M11.9K
36MITSUBISHI UFJ FINL GROUP INSPONSORED ADS0.97%$3M186.5K
37GILGILDAN ACTIVEWEAR INCCOM0.96%$3M56.5K
38DEDEERE & COCOM0.95%$3M5.5K
39BBVABANCO BILBAO VIZCAYA ARGENTASPONSORED ADR0.92%$3M138.6K
40SAPSAP SESPON ADR0.86%$3M16.4K
41NGGNATIONAL GRID PLCSPONSORED ADR NE0.83%$3M32.2K
42SONYSONY GROUP CORPSPONSORED ADR0.83%$3M131.3K
43OVVOVINTIV INCCOM0.78%$3M42.9K
44FSVFIRSTSERVICE CORP NEWCOM0.76%$2M17.9K
45BUDANHEUSER BUSCH INBEV SA/NVSPONSORED ADR0.66%$2M31.1K
46LYGLLOYDS BANKING GROUP PLCSPONSORED ADR0.64%$2M416.9K
47NVONOVO-NORDISK A SADR0.63%$2M56.1K
48BACBANK AMERICA CORPCOM0.10%$342,4697.0K
49FTSFORTIS INCCOM0.10%$339,0816.1K
50IM8NINSMED INCCOM PAR $.010.10%$327,5312.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$326M113Apr 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$327M114Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$320M111Oct 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$239M164Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$247M134Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$244M101Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$243M102Jul 10, 202413F-HRchanges · EDGAR ↗
Q1 2024$243M106May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$224M111Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$197M107Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$220M107Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review104May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review116Jan 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$217M116Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$186M109Aug 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$323M129Apr 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$334M128Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$304M122Oct 14, 202113F-HRchanges · EDGAR ↗
Q2 2021$389M125Aug 4, 202113F-HRchanges · EDGAR ↗
Q1 2021$284M125Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$248M117Feb 23, 202113F-HRchanges · EDGAR ↗
Q3 2020$216M98Oct 8, 202013F-HRchanges · EDGAR ↗
Q2 2020$194M91Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$162M99Apr 17, 202013F-HRchanges · EDGAR ↗
Q4 2019$258M135Jan 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$228M136Oct 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$241M131Jul 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$252M139Apr 12, 201913F-HRchanges · EDGAR ↗
Q4 2018$226M129Jan 16, 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 ↗.