QV Investors Inc.
Long book
$1.24B
Q1 2026
Positions
65
Top-10 weight
43%
concentration
Last quarter
+7.8%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsQV Investors Inc. is a diversified fundamental manager, running a $1.24B US long book across 65 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SUNOCOCORP LLC, ROYAL BANK OF CANADA, CANADIAN NATL RAILWAY CO, CANADIAN PACIFIC KANSAS CITY, FRANCO-NEVADA CORP.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind 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
-4.0%
Q2 2024
+10.3%
Q3 2024
-2.6%
Q4 2024
+0.1%
Q1 2025
+8.8%
Q2 2025
+2.8%
Q3 2025
+5.9%
Q4 2025
+3.6%
Q1 2026
+7.8%
Sector allocation
Industrials 24%
Energy 20%
Financials 14%
Services media 9%
Utilities 7%
Consumer discretionary 6%
Materials 5%
Healthcare 4%
Long book by quarter
What does QV Investors own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SUNC SUNOCOCORP LLC | Energy | 1.2M | $72.2M | 5.8% | -1.4% |
| RY ROYAL BANK OF CANADA | Financials | 412.4K | $66.4M | 5.4% | -2.1% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 616.1K | $63.2M | 5.1% | -2.1% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 713.0K | $55.9M | 4.5% | -2.1% |
| FNV FRANCO-NEVADA CORP | Materials | 221.9K | $54.8M | 4.4% | -2.1% |
| GIB CGI INC | Services media | 692.6K | $50.5M | 4.1% | -2.1% |
| FTS FORTIS INC | Utilities | 853.0K | $47.4M | 3.8% | -5.2% |
| TFII TFI INTERNATIONAL INC | Industrials | 401.3K | $43.5M | 3.5% | -2.1% |
| TD TORONTO-DOMINION BANK | Financials | 461.4K | $43.0M | 3.5% | -2.1% |
| EMA EMERA INC | Utilities | 782.9K | $40.5M | 3.3% | -2.1% |
| ENB ENBRIDGE INC | Energy | 730.3K | $39.5M | 3.2% | -33.3% |
| MGA MAGNA INTERNATIONAL INC | Industrials | 586.2K | $32.6M | 2.6% | -2.1% |
| RCI ROGERS COMMUNICATIONS INC-B | Communications | 850.8K | $32.6M | 2.6% | -2.1% |
| SLF SUN LIFE FINANCIAL INC | Financials | 516.5K | $32.3M | 2.6% | -35.3% |
| DOO BRP INC/CA- SUB VOTING | Industrials | 438.5K | $31.4M | 2.5% | -2.1% |
| RBA RB GLOBAL INC | Services media | 307.1K | $29.4M | 2.4% | -2.1% |
| BN BROOKFIELD CORP | Real estate | 684.1K | $27.6M | 2.2% | +60.6% |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 564.8K | $27.5M | 2.2% | -2.1% |
| IMO IMPERIAL OIL LTD | Energy | 199.4K | $26.0M | 2.1% | -2.1% |
| EOG EOG RESOURCES INC | Energy | 167.2K | $24.2M | 2.0% | +132.7% |
| ODFL OLD DOMINION FREIGHT LINE | Industrials | 123.4K | $24.1M | 2.0% | -2.0% |
| PEP PEPSICO INC | Consumer staples | 143.7K | $22.3M | 1.8% | -4.9% |
| CVX CHEVRON CORP | Energy | 91.9K | $19.0M | 1.5% | +298.4% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 132.6K | $15.7M | 1.3% | -6.3% |
| UNP UNION PACIFIC CORP | Industrials | 64.5K | $15.7M | 1.3% | -5.9% |
| MRK MERCK & CO. INC. | Healthcare | 128.9K | $15.5M | 1.3% | -5.7% |
| WFG WEST FRASER TIMBER CO LTD | Other | 236.0K | $15.4M | 1.2% | New |
| XOM EXXON MOBIL CORP | Energy | 89.7K | $15.2M | 1.2% | +153.8% |
| SBUX STARBUCKS CORP | Consumer discretionary | 165.0K | $14.8M | 1.2% | -6.1% |
| SOLV SOLVENTUM CORP | Healthcare | 224.7K | $14.7M | 1.2% | -6.1% |
| STN STANTEC INC | Services media | 160.3K | $13.8M | 1.1% | New |
| HAL HALLIBURTON CO | Energy | 348.3K | $13.6M | 1.1% | +208.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 63.7K | $13.3M | 1.1% | -2.0% |
| HCC WARRIOR MET COAL INC | Materials | 120.0K | $11.2M | 0.9% | -22.5% |
| CNC CENTENE CORP | Financials | 316.1K | $10.3M | 0.8% | -33.0% |
| DRI DARDEN RESTAURANTS INC | Consumer discretionary | 50.8K | $10.0M | 0.8% | -5.6% |
| GOOGL ALPHABET INC-CL A | Technology | 33.3K | $9.6M | 0.8% | -30.4% |
| THO THOR INDUSTRIES INC | Industrials | 110.4K | $8.8M | 0.7% | +0.5% |
| NFLX NETFLIX INC | Services media | 90.9K | $8.7M | 0.7% | New |
| EL ESTEE LAUDER COMPANIES-CL A | Other | 102.1K | $7.3M | 0.6% | -6.0% |
| AZO AUTOZONE INC | Consumer discretionary | 2.2K | $7.3M | 0.6% | -2.7% |
| UNH UNITEDHEALTH GROUP INC | Financials | 25.6K | $6.9M | 0.6% | -47.2% |
| OZK BANK OZK | — | 145.4K | $6.7M | 0.5% | -8.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 26.7K | $6.5M | 0.5% | -68.3% |
| NRC NRC HEALTH | Healthcare | 381.3K | $6.5M | 0.5% | Held |
| PCAR PACCAR INC | Industrials | 55.0K | $6.4M | 0.5% | -1.7% |
| CMI CUMMINS INC | Industrials | 9.2K | $4.9M | 0.4% | -30.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 10.3K | $4.9M | 0.4% | -2.2% |
| ROST ROSS STORES INC | Consumer discretionary | 18.5K | $4.0M | 0.3% | -1.9% |
| AMAT APPLIED MATERIALS INC | Technology | 11.0K | $3.8M | 0.3% | -67.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 65 | $1.24B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 20, 2026 | 64 | $1.22B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 30, 2025 | 63 | $1.16B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 63 | $1.02B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 9, 2025 | 65 | $990.4M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 13, 2025 | 63 | $969.9M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 65 | $1.13B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 64 | $1.06B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 65 | $1.15B | $K fixed canonical | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC