QV Investors portfolio
Type not verifiedPortfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Oct 20, 2026 · data updated on Nov 5, 2026 · Q3 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
QV Investors reported a $1.4 bn portfolio of 71 positions to the SEC as of the end of Q3 2026. Its largest positions are SUNC, CNI, GIB. During the quarter it opened GFL Environmental and Gildan Activewear and exited Imperial Oil.
Sections with a free account
What changed this quarter
57 positions with a change (4 new, 12 added to, 40 trimmed, 1 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- GFL Environmental+3.3 ppof portfolioNew— → 3.3%
- Gildan Activewear+1.6 ppof portfolioNew— → 1.6%
- Imperial Oil−1.3 ppof portfolioSold out1.4% → —
- Stantec+48%more sharesIncreased2.7% → 3.8%
- Magna International+33%more sharesIncreased2.8% → 3.5%
- Stryker+0.7 ppof portfolioNew— → 0.7%
- Royal Bank of Canada−13%fewer sharesReduced5.2% → 4.1%
- West Fraser Timber+33%more sharesIncreased1.9% → 2.4%
- RB Global+33%more sharesIncreased2.6% → 2.3%
- Rogers Communications+31%more sharesIncreased2.0% → 2.4%
- TFI International−21%fewer sharesReduced3.5% → 2.2%
- Brookfield+33%more sharesIncreased2.1% → 2.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- SunococorpSUNC5.5%
- Canadian National RailwayCNI5.2%
- CGIGIB4.5%
- Canadian Pacific Kansas CityCP4.3%
- Royal Bank of CanadaRY4.1%
- StantecSTN3.8%
- Franco NevadaFNV3.7%
- Magna InternationalMGA3.5%
- Toronto Dominion BankTD3.4%
- GFL EnvironmentalGFL3.3%
- FortisFTS3.2%
- BRPDOO2.8%
- Sun Life FinancialSLF2.8%
- EmeraEMA2.6%
- Rogers CommunicationsRCI2.4%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Industrials 27%
- ● Energy 14%
- ● Financials 14%
- ● Consumer Discretionary 11%
- ● Health Care 7%
- ● Materials 7%
- ● Information Technology 6%
- ● Utilities 6%
- ● Communication Services 5%
- ● Consumer Staples 5%
How its portfolio changed (8 quarters)
Q3 2026: 71
Q3 2026: 41%
Q3 2026: 8.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified: we have not assigned a type because we found no document that is enough to tell. Most 13F filers are in this situation: we only review in depth those that meet the portfolio criteria.
Not counted as a concentrated manager: its top 10 positions are under 45%. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
- Fernbridge Capital ManagementInvestment firm · $1.4 bn
- Crosslink Capital$1.4 bn
- Rwwm$1.4 bn
- Optimus Prime Fund Management$1.4 bn
- Teewinot Capital Advisers, L.L.CInvestment firm · $1.4 bn
- Central SecuritiesInvestment firm · $1.3 bn