Nexus Investment Management ULC
Long book
$715.1M
Q1 2026
Positions
70
Top-10 weight
61%
concentration
Last quarter
+11.6%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsNexus Investment Management ULC is a diversified fundamental manager, running a $715.1M US long book across 70 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: JPMORGAN CHASE & CO, ROSS STORES INC, AMERICAN ELECTRIC POWER, CISCO SYSTEMS INC, ALPHABET INC-CL C.
Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.1%
Q2 2024
+7.3%
Q3 2024
+0.7%
Q4 2024
+0.5%
Q1 2025
+10.1%
Q2 2025
+5.3%
Q3 2025
+7.5%
Q4 2025
+0.3%
Q1 2026
+11.6%
Sector allocation
Technology 26%
Consumer discretionary 19%
Financials 17%
Healthcare 13%
Utilities 7%
Industrials 5%
Other 5%
Energy 5%
Long book by quarter
What does Nexus Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| JPM JPMORGAN CHASE & CO | Financials | 186.4K | $54.8M | 7.7% | -1.6% |
| ROST ROSS STORES INC | Consumer discretionary | 242.9K | $52.6M | 7.4% | -2.1% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 393.7K | $51.6M | 7.2% | +0.2% |
| CSCO CISCO SYSTEMS INC | Technology | 629.8K | $48.9M | 6.8% | -2.1% |
| GOOG ALPHABET INC-CL C | Technology | 165.2K | $47.4M | 6.6% | -20.2% |
| C CITIGROUP INC | Financials | 383.2K | $43.5M | 6.1% | -1.8% |
| META META PLATFORMS INC-CLASS A | Technology | 64.8K | $37.1M | 5.2% | -1.3% |
| GILD GILEAD SCIENCES INC | Healthcare | 254.7K | $35.5M | 5.0% | -1.2% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 281.8K | $33.5M | 4.7% | -1.1% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 67.0K | $32.9M | 4.6% | -0.5% |
| EOG EOG RESOURCES INC | Energy | 209.5K | $30.3M | 4.2% | +0.3% |
| PFE PFIZER INC | Healthcare | 1.0M | $28.9M | 4.0% | +4.0% |
| MSFT MICROSOFT CORP | Technology | 76.4K | $28.3M | 4.0% | +0.9% |
| MDT MEDTRONIC PLC | Healthcare | 306.2K | $26.5M | 3.7% | +4.2% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 100.0K | $23.3M | 3.3% | -0.3% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 221.7K | $21.8M | 3.0% | +0.1% |
| TXN TEXAS INSTRUMENTS INC | Technology | 107.5K | $20.9M | 2.9% | +0.4% |
| MS MORGAN STANLEY | Financials | 119.8K | $19.7M | 2.8% | +2.4% |
| KMX CARMAX INC | Consumer discretionary | 464.8K | $19.3M | 2.7% | +2.7% |
| V VISA INC-CLASS A SHARES | Services media | 62.3K | $18.8M | 2.6% | +4.7% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 30.5K | $6.9M | 1.0% | Held |
| GLW CORNING INC | Industrials | 46.3K | $6.3M | 0.9% | -37.4% |
| KR KROGER CO | Consumer discretionary | 44.3K | $3.2M | 0.4% | -8.9% |
| UNP UNION PACIFIC CORP | Industrials | 11.7K | $2.8M | 0.4% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 8.4K | $2.0M | 0.3% | -11.1% |
| DHR DANAHER CORP | Technology | 7.4K | $1.4M | 0.2% | Held |
| CVX CHEVRON CORP | Energy | 6.4K | $1.3M | 0.2% | -16.4% |
| GOOGL ALPHABET INC-CL A | Technology | 4.4K | $1.3M | 0.2% | -36.9% |
| XOM EXXON MOBIL CORP | Energy | 5.8K | $983K | 0.1% | Held |
| VZ VERIZON COMMUNICATIONS INC | Communications | 15.1K | $759K | 0.1% | -3.2% |
| ABBV ABBVIE INC | Healthcare | 3.5K | $752K | 0.1% | Held |
| LLY ELI LILLY & CO | Healthcare | 799 | $735K | 0.1% | Held |
| CSX CSX CORP | Industrials | 15.8K | $650K | 0.1% | Held |
| EXC EXELON CORP | Utilities | 11.3K | $554K | 0.1% | -12.1% |
| T AT&T INC | Communications | 17.2K | $499K | 0.1% | Held |
| MRK MERCK & CO. INC. | Healthcare | 3.7K | $449K | 0.1% | Held |
| TROW T ROWE PRICE GROUP INC | Financials | 3.7K | $337K | 0.0% | Held |
| BAC BANK OF AMERICA CORP | Financials | 5.3K | $261K | 0.0% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 1.8K | $260K | 0.0% | Held |
| ABT ABBOTT LABORATORIES | Healthcare | 2.5K | $256K | 0.0% | Held |
| KMB KIMBERLY-CLARK CORP | Other | 2.1K | $206K | 0.0% | -17.4% |
| BIIB BIOGEN INC | Healthcare | 920 | $169K | 0.0% | Held |
| EIX EDISON INTERNATIONAL | Utilities | 2.3K | $166K | 0.0% | -39.0% |
| FSV FIRSTSERVICE CORP | Real estate | 1.0K | $139K | 0.0% | Held |
| PRAA PRA GROUP INC | Financials | 6.5K | $113K | 0.0% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 100 | $100K | 0.0% | Held |
| MA MASTERCARD INC - A | Services media | 195 | $97K | 0.0% | Held |
| B BARRICK MINING CORP | Materials | 2.3K | $94K | 0.0% | Held |
| CL COLGATE-PALMOLIVE CO | Other | 966 | $82K | 0.0% | Held |
| NEM NEWMONT CORP | Materials | 650 | $70K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 70 | $715.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 70 | $733.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 70 | $704.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 28, 2025 | 80 | $669.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 7, 2025 | 75 | $883.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 69 | $999.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 72 | $1.02B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 23, 2024 | 74 | $952.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 10, 2024 | 76 | $1.04B | canonical | SEC ↗ |
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