SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Vancity Investment Management Ltd

CIK 0001846311 · 183 TERMINAL AVENUE, 8TH FLOOR, VANCOUVER, V6A 4G2 · 6048715355

Reported Value
$752M
Q3 2025
Positions
75
Filings on Record
22
2021–present window
Filed
Nov 12, 2025
original filing

Summary

Vancity Investment Management Ltd reported $752M in U.S.-listed holdings across 75 positions for Q3 2025.

Its largest position, MSFT, represents 11.7% of the portfolio.

Compared with Q2 2025, the fund opened 8 new positions and exited 4.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+56.9%
share of reported value
Largest Position
+11.7%
Microsoft
New / Exited
8 / 4
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’20: $501MQ4 ’20Q1 ’21: $543MQ2 ’21: $716MQ3 ’21: $782MQ3 ’21Q4 ’21: $871MQ1 ’22: $845MQ2 ’22: $702MQ2 ’22Q3 ’22: $629MQ4 ’22: $667MQ1 ’23: $713MQ1 ’23Q2 ’23: $777MQ3 ’23: $771MQ4 ’23: $683MQ4 ’23Q1 ’24: $839MQ2 ’24: $1.6BQ3 ’24: $835MQ3 ’24Q1 ’25: $730MQ2 ’25: $792MQ3 ’25: $752MQ3 ’25Q4 ’25: $735MQ1 ’26: $629Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 96.8%REIT: 1.8%ADR: 1.5%
  • Common Stock · 96.8% · $727M
  • REIT · 1.8% · $13M
  • ADR · 1.5% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NDAQNASDAQ INCNEW+140.6K140.6K+$12M$12M
INODINNODATA INCNEW+17.5K17.5K+$1M$1M
DEDEERE & CONEW+1.8K1.8K+$843,000$843,000
MCDMCDONALD'S CORPNEW+1.9K1.9K+$563,000$563,000
XPELXPEL INCNEW+15.8K15.8K+$521,000$521,000
APGAPI GROUP CORPNEW+13.4K13.4K+$461,000$461,000
ROPROPER TECHNOLOGIES INCNEW+454454+$226,000$226,000
TSLATESLA INCNEW+459459+$204,000$204,000

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

Holdings — Q3 2025

74 positions (from 75 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM11.70%$88M169.9K
2GOOGALPHABET INC-CL CCOM · CAP STK CL A7.77%$58M239.8K
3VVISA INC-CLASS A SHAREShistory →COM CL A6.10%$46M134.4K
4AMZNAMAZON.COM INChistory →COM5.17%$39M177.0K
5SPGIS&P GLOBAL INChistory →COM4.84%$36M74.8K
6AAPLAPPLE INChistory →COM4.83%$36M142.5K
7NOWSERVICENOW INChistory →COM4.72%$35M38.6K
8AZOAUTOZONE INChistory →COM4.19%$32M7.3K
9CPRTCOPART INChistory →COM3.91%$29M653.3K
10MCOMOODY'S CORPhistory →COM3.67%$28M58.0K
11BROBROWN & BROWN INChistory →COM3.62%$27M289.9K
12ICEINTERCONTINENTAL EXCHANGE INhistory →COM3.05%$23M135.9K
13DHRDANAHER CORPhistory →COM2.83%$21M107.2K
14COSTCOSTCO WHOLESALE CORPhistory →COM2.55%$19M31.5K
15MRSHMARSH & MCLENNAN COShistory →COM2.36%$18M88.2K
16TXNTEXAS INSTRUMENTS INChistory →COM2.36%$18M96.5K
17TTTRANE TECHNOLOGIES PLChistory →SHS2.32%$17M41.3K
18MSCIMSCI INChistory →COM2.08%$16M27.5K
19LINLINDE PLChistory →SHS1.87%$14M29.6K
20ELVELEVANCE HEALTH INChistory →COM1.72%$13M40.1K
21CDWCDW CORP/DEhistory →COM1.68%$13M79.3K
22NDAQNASDAQ INChistory →COM1.65%$12M140.6K
23FERGFERGUSON ENTERPRISES INChistory →SHS1.61%$12M54.0K
24NVDANVIDIA CORPhistory →COM1.46%$11M59.0K
25SESEA LTD-ADRhistory →SPONSORD ADS1.46%$11M61.5K
26MELIMERCADOLIBRE INChistory →COM1.31%$10M4.2K
27MAMASTERCARD INC - Ahistory →CL A1.24%$9M16.3K
28EWEDWARDS LIFESCIENCES CORPhistory →COM1.22%$9M118.0K
29CMECME GROUP INChistory →SHS1.12%$8M31.2K
30AMTAMERICAN TOWER CORPCOM0.93%$7M36.4K
31LAMRLAMAR ADVERTISING CO-ACL A0.69%$5M42.6K
32INODINNODATA INCCOM NEW0.18%$1M17.5K
33FIVEFIVE BELOWCOM0.18%$1M8.6K
34WKWORKIVA INCCOM CL A0.18%$1M15.4K
35WTSWATTS WATER TECHNOLOGIES-ACL A0.17%$1M4.6K
36TOPBUILD CORPCOM0.15%$1M2.9K
37TTEKTETRA TECH INCCOM0.15%$1M34.2K
38WMWASTE MANAGEMENT INCCOM0.14%$1M4.7K
39GWREGUIDEWIRE SOFTWARE INCCOM0.14%$1M4.5K
40AAONAAON INCCOM PAR $0.0040.13%$998,00010.7K
41KNSLKINSALE CAPITAL GROUP INCCOM0.12%$921,0002.2K
42SITESITEONE LANDSCAPE SUPPLY INCCOM0.12%$903,0007.0K
43SSDSIMPSON MANUFACTURING CO INCCOM0.12%$901,0005.4K
44DARDARLING INGREDIENTS INCCOM0.11%$858,00027.8K
45DEDEERE & COCOM0.11%$843,0001.8K
46GOGROCERY OUTLET HOLDING CORPCOM0.11%$822,00051.2K
47LECOLINCOLN ELECTRIC HOLDINGSCOM0.11%$807,0003.4K
48NATIONAL STORAGE AFFILIATESCOM SHS BEN IN0.11%$803,00026.6K
49FSSFEDERAL SIGNAL CORPCOM0.10%$759,0006.4K
50FWRGFIRST WATCH RESTAURANT GROUPCOM0.10%$746,00047.7K
51PODDINSULET CORPCOM0.10%$736,0002.4K
52ECLECOLAB INCCOM0.10%$722,0002.6K
53GLOBGLOBANT SACOM0.09%$682,00011.9K
54WINAWINMARK CORPCOM0.09%$679,0001.4K
55NVMINOVA LTDCOM0.09%$674,0002.1K
56HDHOME DEPOT INCCOM0.08%$606,0001.5K
57MCDMCDONALD'S CORPCOM0.07%$563,0001.9K
58XPELXPEL INCCOM0.07%$521,00015.8K
59KAIKADANT INCCOM0.07%$504,0001.7K
60APGAPI GROUP CORPCOM STK0.06%$461,00013.4K
61ITWILLINOIS TOOL WORKSCOM0.06%$442,0001.7K
62XYLXYLEM INCCOM0.06%$427,0002.9K
63MPWRMONOLITHIC POWER SYSTEMS INCCOM0.06%$418,000454
64BOHBANK OF HAWAII CORPCOM0.05%$390,0005.9K
65OTISOTIS WORLDWIDE CORPCOM0.05%$371,0004.1K
66FNDFLOOR & DECOR HOLDINGS INC-ACOM0.05%$355,0004.8K
67AVGOBROADCOM INCCOM0.04%$335,0001.0K
68FCPTFOUR CORNERS PROPERTY TRUSTCOM0.04%$304,00012.5K
69TMOTHERMO FISHER SCIENTIFIC INCCOM0.04%$280,000577
70VZVERIZON COMMUNICATIONS INCCOM0.04%$272,0006.2K
71NUNU HOLDINGS LTD/CAYMAN ISL-AORD SHS CL A0.03%$258,00016.1K
72ROPROPER TECHNOLOGIES INCCOM0.03%$226,000454
73TJXTJX COMPANIES INCCOM0.03%$216,0001.5K
74TSLATESLA INCCOM0.03%$204,000459

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$629M94May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$735M87Feb 19, 2026RESTATEMENTchanges · EDGAR ↗
Q3 2025$752M75Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$792M71Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$730M73May 16, 202513F-HRchanges · EDGAR ↗
Q3 2024$835M73Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.6B64Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$839M67May 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$683M64Feb 20, 202413F-HRchanges · EDGAR ↗
Q3 2023$771M72Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$777M69Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$713M68May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$667M54Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$629M54Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$702M60Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$845M63Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$871M58Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$782M60Oct 7, 202113F-HRchanges · EDGAR ↗
Q2 2021$716M63Jul 20, 202113F-HRchanges · EDGAR ↗
Q1 2021$543M57Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$501M57Feb 16, 202113F-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 ↗.