Vancity Investment Management Ltd

Fundamental diversified ★Signal CIK 1846311
League rank
#597
in Fundamental diversified · #4265 overall
Long book
$629.4M
Q1 2026
Positions
94
Top-10 weight
50%
concentration
Last quarter
+11.0%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

Vancity Investment Management Ltd is a diversified fundamental manager, running a $629.4M US long book across 94 positions.

The portfolio is concentrated: the top 10 names carry 50% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, ALPHABET INC-CL C, AMAZON.COM INC, VISA INC-CLASS A SHARES, APPLE INC.

Over the last 8 quarters its long book ran on average 3.7pp per quarter behind the S&P 500, beating the index in 0 of 8 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
+1.5%
Q2 2024
+5.0%
Q3 2024
+0.6%
Q1 2025
+7.6%
Q2 2025
+0.2%
Q3 2025
-0.8%
Q4 2025
-10.2%
Q1 2026
+11.0%

Sector allocation

Technology
40%
Consumer discretionary
20%
Services media
17%
Financials
14%
Industrials
4%
Healthcare
2%
Materials
2%
Other
1%

Long book by quarter

$839.0M
Q1 2024
$1.58B
Q2 2024
$834.5M
Q3 2024
$729.5M
Q1 2025
$791.8M
Q2 2025
$751.8M
Q3 2025
$735.2M
Q4 2025
$629.4M
Q1 2026

What does Vancity Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology152.9K$56.6M9.0%-5.8%
GOOG ALPHABET INC-CL CTechnology149.8K$43.0M6.8%-3.1%
AMZN AMAZON.COM INCConsumer discretionary196.3K$40.9M6.5%+15.2%
V VISA INC-CLASS A SHARESServices media111.5K$33.7M5.4%-13.9%
AAPL APPLE INCTechnology127.8K$32.4M5.2%-5.3%
NVDA NVIDIA CORPTechnology153.5K$26.8M4.3%-7.3%
MCO MOODY'S CORPServices media51.2K$22.3M3.6%-8.6%
SPGI S&P GLOBAL INCServices media51.7K$22.0M3.5%-27.6%
CPRT COPART INCConsumer discretionary591.8K$19.6M3.1%-4.2%
NOW SERVICENOW INCTechnology176.9K$18.5M2.9%-4.2%
DHR DANAHER CORPTechnology96.6K$18.3M2.9%-6.0%
COST COSTCO WHOLESALE CORPConsumer discretionary18.3K$18.2M2.9%-4.1%
GOOGL ALPHABET INC-CL ATechnology62.0K$17.8M2.8%-13.8%
AZO AUTOZONE INCConsumer discretionary5.2K$17.5M2.8%-25.9%
MELI MERCADOLIBRE INCServices media9.0K$15.5M2.5%-1.0%
ICE INTERCONTINENTAL EXCHANGE INFinancials97.4K$15.3M2.4%-27.8%
TXN TEXAS INSTRUMENTS INCTechnology76.6K$14.9M2.4%-18.1%
FERG FERGUSON ENTERPRISES INCConsumer discretionary58.6K$13.7M2.2%+11.8%
NDAQ NASDAQ INCFinancials158.2K$13.4M2.1%+14.4%
MRSH MARSH & MCLENNAN COSFinancials75.8K$13.2M2.1%-7.2%
LIN LINDE PLCMaterials26.2K$13.0M2.1%-7.4%
TT TRANE TECHNOLOGIES PLCTechnology30.3K$12.6M2.0%-22.9%
BRO BROWN & BROWN INCFinancials183.3K$12.0M1.9%-33.5%
EW EDWARDS LIFESCIENCES CORPHealthcare145.0K$11.6M1.8%+29.9%
ELV ELEVANCE HEALTH INCFinancials36.7K$10.7M1.7%-4.1%
JPM JPMORGAN CHASE & COFinancials34.7K$10.2M1.6%New
CDW CDW CORP/DEConsumer discretionary70.8K$8.6M1.4%-6.3%
ETN EATON CORP PLCIndustrials23.9K$8.5M1.4%New
MA MASTERCARD INC - AServices media13.5K$6.8M1.1%-12.4%
PNC PNC FINANCIAL SERVICES GROUPFinancials32.5K$6.8M1.1%New
EMR EMERSON ELECTRIC COIndustrials48.6K$6.4M1.0%New
CME CME GROUP INCFinancials15.8K$4.7M0.7%-43.4%
WTS WATTS WATER TECHNOLOGIES-AIndustrials4.0K$1.2M0.2%-8.5%
WM WASTE MANAGEMENT INCUtilities4.8K$1.1M0.2%+2.7%
GWRE GUIDEWIRE SOFTWARE INCTechnology6.9K$1.0M0.2%+46.4%
STVN STEVANATO GROUP SPAHealthcare74.2K$1.0M0.2%New
TTEK TETRA TECH INCServices media31.2K$941K0.1%-12.3%
WK WORKIVA INCTechnology15.2K$908K0.1%+22.7%
LECO LINCOLN ELECTRIC HOLDINGSIndustrials3.4K$849K0.1%+0.6%
KNSL KINSALE CAPITAL GROUP INCFinancials2.4K$830K0.1%+0.2%
AAON AAON INCIndustrials9.9K$821K0.1%-2.4%
TTAN SERVICETITAN INC-ATechnology12.8K$811K0.1%New
DE DEERE & COIndustrials1.4K$791K0.1%-1.6%
APG API GROUP CORPServices media19.5K$789K0.1%+2.3%
FIVE FIVE BELOWConsumer discretionary3.4K$784K0.1%-45.7%
NVMI NOVA LTDOther1.8K$774K0.1%-6.3%
ECL ECOLAB INCOther2.8K$750K0.1%+27.8%
FSS FEDERAL SIGNAL CORPIndustrials6.8K$735K0.1%+4.4%
XPEL XPEL INCIndustrials16.4K$728K0.1%+4.4%
DAR DARLING INGREDIENTS INCConsumer staples11.5K$710K0.1%-53.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202694$629.4M $K fixed canonicalSEC ↗
Q4 202513F-HR/ARESTATEMENTFeb 19, 202687$735.2M $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 13, 202677$731K SEC ↗
Q3 202513F-HRNov 12, 202575$761.8M $K fixed canonicalSEC ↗
Q2 202513F-HRAug 14, 202571$791.8M $K fixed canonicalSEC ↗
Q1 202513F-HRMay 16, 202573$729.5M $K fixed canonicalSEC ↗
Q3 202413F-HRNov 14, 202473$834.5M $K fixed canonicalSEC ↗
Q2 202413F-HRAug 13, 202464$1.58B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 16, 202467$839.0M $K fixed canonicalSEC ↗