Nexus Investment Management Ulc 13F annual report
Nexus Investment Management Ulc is an investment fund managing more than $952 billion ran by Terence Tse. There are currently 73 companies in Mr. Tse’s portfolio. The largest investments include Royal Bk Cda and JPMorgan Chase & Co, together worth $101 billion.
$952 billion Assets Under Management (AUM)
As of 16th July 2024, Nexus Investment Management Ulc’s top holding is 483,965 shares of Royal Bk Cda currently worth over $51.5 billion and making up 5.4% of the portfolio value.
In addition, the fund holds 243,197 shares of JPMorgan Chase & Co worth $49.2 billion, whose value fell 0.8% in the past six months.
The third-largest holding is Meta Platforms Inc worth $47 billion and the next is Toronto Dominion Bk Ont worth $41.7 billion, with 758,567 shares owned.
Currently, Nexus Investment Management Ulc's portfolio is worth at least $952 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Nexus Investment Management Ulc
The Nexus Investment Management Ulc office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Terence Tse serves as the Vice President at Nexus Investment Management Ulc.
Recent trades
In the most recent 13F filing, Nexus Investment Management Ulc revealed that it had opened a new position in
Honeywell International Inc and bought 27,815 shares worth $5.94 billion.
This means they effectively own approximately 0.1% of the company.
Honeywell International Inc makes up
9.7%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in American Elec Pwr Co Inc by buying
4,175 additional shares.
This makes their stake in American Elec Pwr Co Inc total 393,905 shares worth $34.6 billion.
On the other hand, there are companies that Nexus Investment Management Ulc is getting rid of from its portfolio.
Nexus Investment Management Ulc closed its position in Veralto Corp on 23rd July 2024.
It sold the previously owned 3,921 shares for $348 million.
Terence Tse also disclosed a decreased stake in Royal Bk Cda by approximately 0.1%.
This leaves the value of the investment at $51.5 billion and 483,965 shares.
One of the average hedge funds
The two most similar investment funds to Nexus Investment Management Ulc are Anderson Hoagland & Co and Tompkins Financial Corp. They manage $952 billion and $953 billion respectively.
Terence Tse investment strategy
Nexus Investment Management Ulc’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 13.8% of
the total portfolio value.
The fund focuses on investments in the United States as
41.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
53% of the total holdings value.
On the other hand, small-cap stocks make up only 4.1% of the portfolio.
The average market cap of the portfolio companies is close to $173 billion.
The complete list of Nexus Investment Management Ulc trades based on 13F SEC filings
These positions were updated on July 23rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Royal Bk Cda |
4.92%
483,965
|
$51,492,596,000 | 5.41% |
| JPMorgan Chase & Co. |
6.78%
243,197
|
$49,189,025,000 | 5.17% |
| Meta Platforms Inc |
8.76%
93,220
|
$47,003,388,000 | 4.94% |
| Toronto Dominion Bk Ont |
9.74%
758,567
|
$41,670,828,000 | 4.38% |
| Microsoft Corporation |
5.53%
85,640
|
$38,276,798,000 | 4.02% |
| Alphabet Inc |
5.19%
222,072
|
$40,715,416,000 | 4.28% |
| Ross Stores, Inc. |
5.30%
252,890
|
$36,749,975,000 | 3.86% |
| American Elec Pwr Co Inc |
1.07%
393,905
|
$34,561,225,000 | 3.63% |
| Brookfield Infrast Partners |
8.76%
1,220,204
|
$33,497,282,000 | 3.52% |
| Telus Corp. |
19.71%
2,204,895
|
$33,357,105,000 | 3.50% |
| Citigroup Inc |
0.61%
524,715
|
$33,298,414,000 | 3.50% |
| Bank Nova Scotia Halifax |
4.84%
721,232
|
$32,970,907,000 | 3.46% |
| Cisco Sys Inc |
1.48%
693,885
|
$32,966,476,000 | 3.46% |
| Dollar Gen Corp New |
10.87%
212,645
|
$28,118,048,000 | 2.95% |
| General Mtrs Co |
0.60%
600,667
|
$27,906,989,000 | 2.93% |
| Enbridge Inc |
0.02%
776,662
|
$27,613,010,000 | 2.90% |
| United Parcel Service, Inc. |
6.63%
201,225
|
$27,537,641,000 | 2.89% |
| Carmax Inc |
6.56%
374,125
|
$27,438,328,000 | 2.88% |
| Cae Inc. |
9.72%
1,446,990
|
$26,859,043,000 | 2.82% |
| Eog Res Inc |
20.00%
196,238
|
$24,700,477,000 | 2.59% |
| TC Energy Corporation |
2.56%
632,285
|
$23,953,321,000 | 2.52% |
| CVS Health Corp |
2.28%
401,162
|
$23,692,628,000 | 2.49% |
| Pfizer Inc. |
4.03%
800,257
|
$22,391,191,000 | 2.35% |
| Cenovus Energy Inc |
35.01%
1,045,350
|
$20,533,968,000 | 2.16% |
| Suncor Energy, Inc. |
24.48%
521,250
|
$19,857,324,000 | 2.09% |
| Gilead Sciences, Inc. |
0.37%
288,418
|
$19,788,359,000 | 2.08% |
| Magna International Inc. |
10.32%
470,635
|
$19,713,433,000 | 2.07% |
| Texas Instrs Inc |
9.49%
96,090
|
$18,692,388,000 | 1.96% |
| Morgan Stanley |
No change
182,027
|
$17,691,204,000 | 1.86% |
| Medtronic Plc |
11.82%
216,374
|
$17,030,798,000 | 1.79% |
| Honeywell International Inc |
Opened
27,815
|
$5,939,615,000 | 0.62% |
| Corning, Inc. |
No change
99,600
|
$3,869,460,000 | 0.41% |
| Canadian Imperial Bk Comm To |
0.69%
73,030
|
$3,470,315,000 | 0.36% |
| Fortis Inc. |
0.48%
83,765
|
$3,253,491,000 | 0.34% |
| PRA Group Inc |
7.03%
144,125
|
$2,833,498,000 | 0.30% |
| Union Pac Corp |
10.74%
11,860
|
$2,683,444,000 | 0.28% |
| Ishares Tr |
No change
31,550
|
$2,471,311,000 | 0.26% |
| Kroger Co. |
2.42%
44,440
|
$2,218,889,000 | 0.23% |
| Danaher Corp. |
29.98%
8,705
|
$2,174,944,000 | 0.23% |
| Open Text Corp |
No change
63,130
|
$1,895,020,000 | 0.20% |
| Verizon Communications Inc |
4.36%
43,900
|
$1,810,436,000 | 0.19% |
| FirstService Corp |
41.07%
11,518
|
$1,752,334,000 | 0.18% |
| Canadian Nat Res Ltd |
100.74%
41,102
|
$1,463,119,000 | 0.15% |
| Bank Montreal Que |
3.56%
16,244
|
$1,362,601,000 | 0.14% |
| Pembina Pipeline Corporation |
1.41%
35,000
|
$1,297,807,000 | 0.14% |
| Johnson & Johnson |
1.79%
8,526
|
$1,246,160,000 | 0.13% |
| Brookfield Corp |
0.42%
29,338
|
$1,219,448,000 | 0.13% |
| Chevron Corp. |
32.97%
6,100
|
$954,162,000 | 0.10% |
| Thomson-Reuters Corp |
No change
5,635
|
$949,276,000 | 0.10% |
| Imperial Oil Ltd. |
No change
11,846
|
$807,199,000 | 0.08% |
| Eli Lilly & Co |
No change
826
|
$747,844,000 | 0.08% |
| Kinder Morgan Inc |
No change
32,000
|
$635,840,000 | 0.07% |
| AT&T Inc. |
No change
32,800
|
$626,808,000 | 0.07% |
| Abbvie Inc |
No change
3,456
|
$592,773,000 | 0.06% |
| CSX Corp. |
No change
15,840
|
$529,848,000 | 0.06% |
| Exxon Mobil Corp. |
52.43%
4,355
|
$501,348,000 | 0.05% |
| Price T Rowe Group Inc |
42.25%
4,100
|
$472,771,000 | 0.05% |
| Canadian Natl Ry Co |
1.33%
3,952
|
$466,702,000 | 0.05% |
| BCE Inc |
86.45%
14,400
|
$466,106,000 | 0.05% |
| Boston Scientific Corp. |
98.55%
6,000
|
$462,060,000 | 0.05% |
| Discover Finl Svcs |
No change
3,043
|
$398,055,000 | 0.04% |
| Exelon Corp. |
No change
10,800
|
$373,788,000 | 0.04% |
| Veralto Corp |
Closed
3,921
|
$347,636,000 | |
| Abbott Labs |
No change
3,290
|
$341,864,000 | 0.04% |
| Kimberly-Clark Corp. |
No change
2,450
|
$338,590,000 | 0.04% |
| Merck & Co Inc |
No change
2,625
|
$324,975,000 | 0.03% |
| Wells Fargo Co New |
Closed
5,500
|
$318,780,000 | |
| Procter And Gamble Co |
No change
1,800
|
$296,856,000 | 0.03% |
| Visa Inc |
No change
1,098
|
$288,192,000 | 0.03% |
| Western Digital Corp. |
Closed
4,000
|
$272,960,000 | |
| Costco Whsl Corp New |
76.18%
282
|
$239,697,000 | 0.03% |
| Brookfield Asset Managmt Ltd |
0.51%
5,962
|
$226,821,000 | 0.02% |
| TFI International Inc |
2.27%
1,534
|
$222,593,000 | 0.02% |
| Biogen Inc |
Opened
920
|
$213,274,000 | 0.02% |
| Bank America Corp |
No change
5,350
|
$212,770,000 | 0.02% |
| Rogers Communications Inc. |
Closed
5,040
|
$206,657,000 | |
| Bausch Health Cos Inc |
No change
23,300
|
$162,390,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 77 holdings | |||
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