NICOLA WEALTH MANAGEMENT LTD. Activity Q1 2018-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
SU	Sell	SUNCOR ENERGY INC NEW	$37,433,394	+57.0%	801,400	-1.3%	4.04%	+72.4%
TD	Buy	TORONTO DOMINION BK ONT	$33,362,091	+48.0%	407,700	+12.1%	3.60%	+62.5%
	Sell	CANADIAN PACIFIC KANSAS CITY	$31,428,848	+23.3%	311,300	-1.3%	3.39%	+35.3%
TRP	Buy	TC ENERGY CORP	$31,028,052	+27.0%	664,270	+9.9%	3.35%	+39.4%
CNQ	Sell	CANADIAN NAT RES LTD	$29,997,360	+54.1%	341,500	-1.3%	3.24%	+69.2%
RY	Sell	ROYAL BK CDA	$29,721,293	+22.6%	250,390	-1.3%	3.21%	+34.5%
V	Sell	VISA INC	$24,381,060	-9.5%	106,000	-6.6%	2.63%	-0.7%
	Buy	SHELL PLCspon ads	$22,661,760	+7.2%	352,000	+0.6%	2.44%	+17.7%
WMT	Sell	WALMART INC	$22,134,312	-23.2%	138,400	-24.5%	2.39%	-15.7%
T	Buy	AT&T INC	$22,059,874	+3.0%	1,468,700	+9.4%	2.38%	+13.1%
TU	Buy	TELUS CORPORATION	$20,327,970	+34.1%	916,500	+17.7%	2.19%	+47.2%
EA	Sell	ELECTRONIC ARTS INC	$19,552,960	-13.9%	162,400	-7.3%	2.11%	-5.5%
ROST	Sell	ROSS STORES INC	$19,348,335	-2.9%	171,300	-3.6%	2.09%	+6.6%
PLD	Buy	PROLOGIS INC.	$18,962,043	+4.2%	155,452	+4.8%	2.04%	+14.4%
UNP	Buy	UNION PAC CORP	$18,489,604	+10.5%	90,800	+11.0%	1.99%	+21.3%
	Buy	BROOKFIELD ASSET MANAGMT LTD	$18,410,637	+63.2%	406,775	+17.8%	1.99%	+79.2%
MSFT	Sell	MICROSOFT CORP	$18,364,020	-10.4%	58,160	-3.3%	1.98%	-1.6%
GOOGL	Sell	ALPHABET INCcap stk cl a	$17,940,906	-19.9%	137,100	-26.7%	1.94%	-12.0%
CCK	Sell	CROWN HLDGS INC	$16,811,200	-17.3%	190,000	-18.8%	1.81%	-9.2%
H	Buy	HYATT HOTELS CORP	$16,177,200	-0.9%	152,500	+7.0%	1.74%	+8.8%
DE	Sell	DEERE & CO	$14,642,344	-15.4%	38,800	-9.1%	1.58%	-7.1%
GILD	New	GILEAD SCIENCES INC	$14,313,540	–	191,000	–	1.54%	–
UNH	Sell	UNITEDHEALTH GROUP INC	$14,066,901	-3.7%	27,900	-8.2%	1.52%	+5.7%
CUBE	Buy	CUBESMART	$12,277,829	+1.9%	317,313	+17.7%	1.32%	+11.9%
BSX	Sell	BOSTON SCIENTIFIC CORP	$11,352,000	-10.7%	215,000	-8.5%	1.22%	-1.9%
APD	Sell	AIR PRODS & CHEMS INC	$11,336,000	-14.0%	40,000	-9.1%	1.22%	-5.6%
ADBE	Sell	ADOBE INC	$10,198,000	-38.1%	20,000	-40.7%	1.10%	-32.1%
AJG	Sell	GALLAGHER ARTHUR J & CO	$9,367,923	-14.8%	41,100	-18.0%	1.01%	-6.6%
IFF	New	INTERNATIONAL FLAVORS&FRAGRA	$9,312,022	–	136,600	–	1.00%	–
STX	Sell	SEAGATE TECHNOLOGY HLDNGS PL	$9,028,555	+1.4%	136,900	-4.9%	0.97%	+11.3%
SUI	Sell	SUN CMNTYS INC	$8,985,789	-7.8%	71,784	-3.9%	0.97%	+1.3%
GIB	New	CGI INCcl a sub vtg	$8,943,184	–	66,800	–	0.96%	–
ABBV	New	ABBVIE INC	$8,943,600	–	60,000	–	0.96%	–
GRPU	Buy	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$8,462,192	+84.7%	117,400	+51.7%	0.91%	+102.9%
MGA	Sell	MAGNA INTL INC	$8,407,245	+13.2%	115,500	-12.2%	0.91%	+24.2%
STN	Sell	STANTEC INC	$7,587,993	+9.0%	86,100	-19.2%	0.82%	+19.6%
BLK	Sell	BLACKROCK INC	$6,723,496	-64.9%	10,400	-62.5%	0.72%	-61.5%
COST	Sell	COSTCO WHSL CORP NEW	$6,214,560	-47.1%	11,000	-49.5%	0.67%	-41.9%
BIIB	New	BIOGEN INC	$5,654,220	–	22,000	–	0.61%	–
LOW	Sell	LOWES COS INC	$5,403,840	-20.2%	26,000	-13.3%	0.58%	-12.3%
TECK	New	TECK RESOURCES LTDcl b	$4,840,488	–	82,800	–	0.52%	–
CPT	Sell	CAMDEN PPTY TRsh ben int	$4,729,000	-34.5%	50,000	-24.5%	0.51%	-28.1%
INFY	New	INFOSYS LTDsponsored adr	$4,672,809	–	202,000	–	0.50%	–
WM	Sell	WASTE MGMT INC DEL	$4,496,980	-17.7%	29,500	-6.3%	0.48%	-9.7%
	Sell	CONSTELLATION ENERGY CORP	$4,363,200	-4.7%	40,000	-20.0%	0.47%	+4.7%
XYL	Sell	XYLEM INC	$4,278,410	-25.5%	47,000	-7.8%	0.46%	-18.3%
	Sell	NUVEI CORPORATION	$4,214,553	-32.0%	206,900	-1.3%	0.46%	-25.3%
AWK	Sell	AMERICAN WTR WKS CO INC NEW	$4,210,220	-18.1%	34,000	-5.6%	0.45%	-10.1%
BEP	Buy	BROOKFIELD RENEWABLE PARTNERpartnership unit	$3,928,846	-21.7%	180,000	+5.9%	0.42%	-14.0%
JBL	Sell	JABIL INC	$3,859,994	-14.2%	22,500	-28.6%	0.42%	-5.9%
ENPH	Buy	ENPHASE ENERGY INC	$3,724,650	-7.3%	31,000	+29.2%	0.40%	+1.8%
HASI	Buy	HANNON ARMSTRONG SUST INFR C	$3,710,000	-10.1%	175,000	+6.1%	0.40%	-1.2%
ITRI	Sell	ITRON INC	$3,271,320	-20.4%	54,000	-5.3%	0.35%	-12.6%
DLR	Sell	DIGITAL RLTY TR INC	$3,237,039	+40.8%	19,784	-2.0%	0.35%	+54.4%
NEP	Buy	NEXTERA ENERGY PARTNERS LP	$3,059,100	-42.0%	103,000	+14.4%	0.33%	-36.3%
CSL	New	CARLISLE COS INC	$2,851,860	–	11,000	–	0.31%	–
RUN	Sell	SUNRUN INC	$2,763,200	-42.7%	220,000	-18.5%	0.30%	-37.1%
EQIX	Sell	EQUINIX INC	$2,731,656	-24.7%	2,782	-39.9%	0.30%	-17.1%
BE	Buy	BLOOM ENERGY CORP	$2,652,000	-12.3%	200,000	+8.1%	0.29%	-3.7%
	Buy	FLUENCE ENERGY INC	$2,643,850	-9.8%	115,000	+4.5%	0.28%	-1.0%
EXR	Buy	EXTRA SPACE STORAGE INC	$2,557,693	+44.9%	15,560	+31.2%	0.28%	+59.5%
ARRY	Sell	ARRAY TECHNOLOGIES INC	$2,440,900	-6.1%	110,000	-4.3%	0.26%	+3.1%
VICI	Buy	VICI PPTYS INC	$2,407,214	+90.1%	61,185	+51.9%	0.26%	+109.7%
EQR	Sell	EQUITY RESIDENTIALsh ben int	$2,383,500	-11.1%	30,028	-26.1%	0.26%	-2.3%
AMRC	Sell	AMERESCO INCcl a	$2,236,480	-42.5%	58,000	-27.5%	0.24%	-36.9%
STEM	Sell	STEM INC	$2,077,600	-34.0%	490,000	-10.9%	0.22%	-27.5%
VTR	New	VENTAS INC	$2,061,943	–	36,200	–	0.22%	–
KRG	Buy	KITE RLTY GROUP TR	$2,049,314	+52.5%	70,764	+17.6%	0.22%	+67.4%
AVB	New	AVALONBAY CMNTYS INC	$2,043,294	–	8,800	–	0.22%	–
INVH	Buy	INVITATION HOMES INC	$2,012,553	+41.7%	46,973	+13.8%	0.22%	+56.1%
WELL	Sell	WELLTOWER INC	$1,993,051	-39.5%	17,995	-55.8%	0.22%	-33.4%
AMT	Buy	AMERICAN TOWER CORP NEW	$1,977,905	+24.4%	8,896	+8.5%	0.21%	+36.5%
ADC	Sell	AGREE RLTY CORP	$1,904,454	+12.4%	25,500	-1.5%	0.20%	+23.5%
IONS	New	IONIS PHARMACEUTICALS INC	$1,839,802	–	30,000	–	0.20%	–
REXR	Sell	REXFORD INDL RLTY INC	$1,828,895	+0.9%	27,411	-21.0%	0.20%	+10.7%
COLD	Buy	AMERICOLD REALTY TRUST INC	$1,813,100	+248.7%	44,099	+173.9%	0.20%	+284.3%
EPRT	Sell	ESSENTIAL PPTYS RLTY TR INC	$1,803,199	+11.4%	61,661	-10.3%	0.20%	+22.6%
PLUG	Sell	PLUG POWER INC	$1,634,000	-37.1%	215,000	-14.0%	0.18%	-31.0%
BLDP	Sell	BALLARD PWR SYS INC NEW	$1,571,746	-26.0%	425,000	-12.4%	0.17%	-18.7%
PRGO	New	PERRIGO CO PLC	$1,468,678	–	34,000	–	0.16%	–
	New	MOBILEYE GLOBAL INC	$1,454,250	–	35,000	–	0.16%	–
ARE	Buy	ALEXANDRIA REAL ESTATE EQ IN	$1,375,276	+110.3%	10,162	+76.4%	0.15%	+131.2%
	New	HEALTHCARE RLTY TR	$1,365,773	–	66,155	–	0.15%	–
TPIC	Buy	TPI COMPOSITES INC	$742,000	-71.4%	280,000	+12.0%	0.08%	-68.6%
BEEM	Sell	BEAM GLOBAL	$590,400	-43.0%	80,000	-20.0%	0.06%	-37.3%
UDR	Exit	UDR INC	$0	–	-29,691	–	-0.12%	–
GBDC	Exit	GOLUB CAP BDC INC	$0	–	-169,000	–	-0.22%	–
TIXT	Exit	TELUS INTL CDA INC	$0	–	-391,037	–	-0.58%	–
AMZN	Exit	AMAZON COM INC	$0	–	-50,000	–	-0.64%	–
FCX	Exit	FREEPORT-MCMORAN INCcl b	$0	–	-265,800	–	-1.04%	–
PFE	Exit	PFIZER INC	$0	–	-319,400	–	-1.15%	–
BNS	Exit	BANK NOVA SCOTIA HALIFAX	$0	–	-2,500,000	–	-12.30%	–

Q2 2023

			Value		Shares		↓ Weighting
BNS	New	BANK NOVA SCOTIA HALIFAX	$125,151,057	–	2,500,000	–	12.30%	–
WMT	New	WALMART INC	$28,826,812	–	183,400	–	2.83%	–
V	New	VISA INC	$26,953,980	–	113,500	–	2.65%	–
	New	CANADIAN PACIFIC KANSAS CITY	$25,497,356	–	315,500	–	2.50%	–
TRP	New	TC ENERGY CORP	$24,439,554	–	604,370	–	2.40%	–
RY	New	ROYAL BK CDA	$24,251,896	–	253,790	–	2.38%	–
SU	New	SUNCOR ENERGY INC NEW	$23,841,373	–	812,300	–	2.34%	–
EA	New	ELECTRONIC ARTS INC	$22,710,470	–	175,100	–	2.23%	–
TD	New	TORONTO DOMINION BK ONT	$22,549,242	–	363,600	–	2.22%	–
GOOGL	New	ALPHABET INCcap stk cl a	$22,395,870	–	187,100	–	2.20%	–
T	New	AT&T INC	$21,416,065	–	1,342,700	–	2.10%	–
	New	SHELL PLCspon ads	$21,133,000	–	350,000	–	2.08%	–
MSFT	New	MICROSOFT CORP	$20,486,886	–	60,160	–	2.01%	–
CCK	New	CROWN HLDGS INC	$20,327,580	–	234,000	–	2.00%	–
ROST	New	ROSS STORES INC	$19,925,501	–	177,700	–	1.96%	–
CNQ	New	CANADIAN NAT RES LTD	$19,469,432	–	346,100	–	1.91%	–
BLK	New	BLACKROCK INC	$19,144,578	–	27,700	–	1.88%	–
PLD	New	PROLOGIS INC.	$18,192,406	–	148,352	–	1.79%	–
DE	New	DEERE & CO	$17,301,613	–	42,700	–	1.70%	–
UNP	New	UNION PAC CORP	$16,737,916	–	81,800	–	1.64%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$16,478,963	–	33,700	–	1.62%	–
NXPI	New	NXP SEMICONDUCTORS N V	$16,435,804	–	80,300	–	1.62%	–
H	New	HYATT HOTELS CORP	$16,327,650	–	142,500	–	1.60%	–
WCC	New	WESCO INTL INC	$15,542,408	–	86,800	–	1.53%	–
TU	New	TELUS CORPORATION	$15,162,301	–	778,700	–	1.49%	–
UNH	New	UNITEDHEALTH GROUP INC	$14,611,456	–	30,400	–	1.44%	–
CNI	New	CANADIAN NATL RY CO	$14,273,018	–	117,800	–	1.40%	–
APD	New	AIR PRODS & CHEMS INC	$13,179,320	–	44,000	–	1.30%	–
BSX	New	BOSTON SCIENTIFIC CORP	$12,711,150	–	235,000	–	1.25%	–
SPGI	New	S&P GLOBAL INC	$12,547,857	–	31,300	–	1.23%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$12,211,320	–	121,000	–	1.20%	–
CUBE	New	CUBESMART	$12,043,016	–	269,660	–	1.18%	–
COST	New	COSTCO WHSL CORP NEW	$11,736,684	–	21,800	–	1.15%	–
PFE	New	PFIZER INC	$11,715,592	–	319,400	–	1.15%	–
LNG	New	CHENIERE ENERGY INC	$11,518,416	–	75,600	–	1.13%	–
	New	BROOKFIELD ASSET MANAGMT LTD	$11,279,468	–	345,375	–	1.11%	–
AJG	New	GALLAGHER ARTHUR J & CO	$11,000,457	–	50,100	–	1.08%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$10,632,000	–	265,800	–	1.04%	–
SUI	New	SUN CMNTYS INC	$9,743,275	–	74,684	–	0.96%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$9,652,375	–	18,500	–	0.95%	–
STX	New	SEAGATE TECHNOLOGY HLDNGS PL	$8,903,093	–	143,900	–	0.88%	–
MGA	New	MAGNA INTL INC	$7,428,161	–	131,500	–	0.73%	–
CPT	New	CAMDEN PPTY TRsh ben int	$7,214,597	–	66,268	–	0.71%	–
STN	New	STANTEC INC	$6,963,621	–	106,600	–	0.68%	–
LOW	New	LOWES COS INC	$6,771,000	–	30,000	–	0.66%	–
AMZN	New	AMAZON COM INC	$6,518,000	–	50,000	–	0.64%	–
	New	NUVEI CORPORATION	$6,195,970	–	209,700	–	0.61%	–
TIXT	New	TELUS INTL CDA INC	$5,933,484	–	391,037	–	0.58%	–
XYL	New	XYLEM INC	$5,743,620	–	51,000	–	0.56%	–
KREF	New	KKR REAL ESTATE FIN TR INC	$5,513,010	–	453,000	–	0.54%	–
WM	New	WASTE MGMT INC DEL	$5,462,730	–	31,500	–	0.54%	–
NEP	New	NEXTERA ENERGY PARTNERS LP	$5,277,600	–	90,000	–	0.52%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$5,139,000	–	36,000	–	0.50%	–
BEP	New	BROOKFIELD RENEWABLE PARTNERpartnership unit	$5,015,257	–	170,000	–	0.49%	–
RUN	New	SUNRUN INC	$4,822,200	–	270,000	–	0.47%	–
BBDC	New	BARINGS BDC INC	$4,813,760	–	614,000	–	0.47%	–
GRPU	New	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$4,582,033	–	77,400	–	0.45%	–
	New	CONSTELLATION ENERGY CORP	$4,577,500	–	50,000	–	0.45%	–
PDCO	New	PATTERSON COS INC	$4,570,962	–	103,800	–	0.45%	–
JBL	New	JABIL INC	$4,501,329	–	31,500	–	0.44%	–
COKE	New	COCA COLA CONS INC	$4,260,978	–	5,060	–	0.42%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$4,125,000	–	165,000	–	0.40%	–
ITRI	New	ITRON INC	$4,109,700	–	57,000	–	0.40%	–
ENPH	New	ENPHASE ENERGY INC	$4,019,520	–	24,000	–	0.40%	–
SLGN	New	SILGAN HLDGS INC	$3,904,980	–	62,900	–	0.38%	–
AMRC	New	AMERESCO INCcl a	$3,890,400	–	80,000	–	0.38%	–
ORA	New	ORMAT TECHNOLOGIES INC	$3,781,620	–	47,000	–	0.37%	–
EQIX	New	EQUINIX INC	$3,627,290	–	4,627	–	0.36%	–
CHPT	New	CHARGEPOINT HOLDINGS INC	$3,340,200	–	380,000	–	0.33%	–
WELL	New	WELLTOWER INC	$3,291,819	–	40,695	–	0.32%	–
STEM	New	STEM INC	$3,146,000	–	550,000	–	0.31%	–
SANM	New	SANMINA CORPORATION	$3,120,081	–	39,100	–	0.31%	–
NFLX	New	NETFLIX INC	$3,083,430	–	7,000	–	0.30%	–
BE	New	BLOOM ENERGY CORP	$3,024,750	–	185,000	–	0.30%	–
EPC	New	EDGEWELL PERS CARE CO	$2,964,439	–	54,200	–	0.29%	–
	New	FLUENCE ENERGY INC	$2,930,400	–	110,000	–	0.29%	–
BHE	New	BENCHMARK ELECTRS INC	$2,790,632	–	81,600	–	0.27%	–
EQR	New	EQUITY RESIDENTIALsh ben int	$2,680,229	–	40,628	–	0.26%	–
PLUG	New	PLUG POWER INC	$2,597,500	–	250,000	–	0.26%	–
ARRY	New	ARRAY TECHNOLOGIES INC	$2,599,000	–	115,000	–	0.26%	–
TPIC	New	TPI COMPOSITES INC	$2,592,500	–	250,000	–	0.26%	–
DLR	New	DIGITAL RLTY TR INC	$2,298,352	–	20,184	–	0.23%	–
BCO	New	BRINKS CO	$2,299,057	–	25,600	–	0.23%	–
GBDC	New	GOLUB CAP BDC INC	$2,281,500	–	169,000	–	0.22%	–
BLDP	New	BALLARD PWR SYS INC NEW	$2,124,622	–	485,000	–	0.21%	–
CRI	New	CARTERS INC	$1,835,938	–	19,100	–	0.18%	–
REXR	New	REXFORD INDL RLTY INC	$1,812,608	–	34,711	–	0.18%	–
EXR	New	EXTRA SPACE STORAGE INC	$1,765,361	–	11,860	–	0.17%	–
REZI	New	RESIDEO TECHNOLOGIES INC	$1,720,903	–	73,600	–	0.17%	–
ADC	New	AGREE RLTY CORP	$1,693,601	–	25,900	–	0.17%	–
EPRT	New	ESSENTIAL PPTYS RLTY TR INC	$1,618,634	–	68,761	–	0.16%	–
AMT	New	AMERICAN TOWER CORP NEW	$1,589,532	–	8,196	–	0.16%	–
INVH	New	INVITATION HOMES INC	$1,419,791	–	41,273	–	0.14%	–
KRG	New	KITE RLTY GROUP TR	$1,344,064	–	60,164	–	0.13%	–
UDR	New	UDR INC	$1,275,525	–	29,691	–	0.12%	–
VICI	New	VICI PPTYS INC	$1,266,158	–	40,285	–	0.12%	–
HP	New	HELMERICH & PAYNE INC	$1,215,637	–	25,900	–	0.12%	–
PDS	New	PRECISION DRILLING CORP	$1,034,720	–	16,000	–	0.10%	–
BEEM	New	BEAM GLOBAL	$1,035,000	–	100,000	–	0.10%	–
NBR	New	NABORS INDUSTRIES LTD	$1,010,008	–	8,200	–	0.10%	–
PDO	New	PIMCO DYNAMIC INCOME OPRNTS	$705,240	–	54,000	–	0.07%	–
ARE	New	ALEXANDRIA REAL ESTATE EQ IN	$653,929	–	5,762	–	0.06%	–
COLD	New	AMERICOLD REALTY TRUST INC	$519,998	–	16,099	–	0.05%	–

Q4 2022

			Value		Shares		↓ Weighting
PACW	Exit	PACWEST BANCORP DEL	$0	–	-12,600	–	-0.04%	–
RADI	Exit	RADIUS GLOBAL INFRASTRCTRE I	$0	–	-74,377	–	-0.08%	–
PDO	Exit	PIMCO DYNAMIC INCOME OPRNTS	$0	–	-54,000	–	-0.08%	–
NBR	Exit	NABORS INDUSTRIES LTD	$0	–	-5,200	–	-0.08%	–
PDS	Exit	PRECISION DRILLING CORP	$0	–	-11,000	–	-0.08%	–
HP	Exit	HELMERICH & PAYNE INC	$0	–	-16,900	–	-0.09%	–
DEI	Exit	DOUGLAS EMMETT INC	$0	–	-52,710	–	-0.10%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-38,200	–	-0.11%	–
PEAK	Exit	HEALTHPEAK PROPERTIES INC	$0	–	-48,000	–	-0.12%	–
VICI	Exit	VICI PPTYS INC	$0	–	-37,313	–	-0.12%	–
LI	Exit	LI AUTO INCsponsored ads	$0	–	-50,000	–	-0.13%	–
COKE	Exit	COCA COLA CONS INC	$0	–	-2,060	–	-0.13%	–
PDCO	Exit	PATTERSON COS INC	$0	–	-35,800	–	-0.13%	–
CRI	Exit	CARTERS INC	$0	–	-13,100	–	-0.13%	–
BCO	Exit	BRINKS CO	$0	–	-18,600	–	-0.14%	–
REZI	Exit	RESIDEO TECHNOLOGIES INC	$0	–	-47,600	–	-0.14%	–
BHE	Exit	BENCHMARK ELECTRS INC	$0	–	-37,600	–	-0.14%	–
EPC	Exit	EDGEWELL PERS CARE CO	$0	–	-25,200	–	-0.14%	–
JBL	Exit	JABIL INC	$0	–	-16,500	–	-0.14%	–
HST	Exit	HOST HOTELS & RESORTS INC	$0	–	-81,849	–	-0.14%	–
SLGN	Exit	SILGAN HOLDINGS INC	$0	–	-22,900	–	-0.14%	–
HWC	Exit	HANCOCK WHITNEY CORPORATION	$0	–	-21,000	–	-0.14%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-6,200	–	-0.15%	–
EPRT	Exit	ESSENTIAL PPTYS RLTY TR INC	$0	–	-68,393	–	-0.15%	–
SANM	Exit	SANMINA CORPORATION	$0	–	-21,100	–	-0.15%	–
NIO	Exit	NIO INCspon ads	$0	–	-85,000	–	-0.15%	–
BEEM	Exit	BEAM GLOBAL	$0	–	-115,000	–	-0.15%	–
ESS	Exit	ESSEX PPTY TR INC	$0	–	-5,900	–	-0.16%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-8,500	–	-0.16%	–
APTV	Exit	APTIV PLC	$0	–	-19,000	–	-0.16%	–
INVH	Exit	INVITATION HOMES INC	$0	–	-49,889	–	-0.18%	–
ARE	Exit	ALEXANDRIA REAL ESTATE EQ IN	$0	–	-12,474	–	-0.19%	–
UDR	Exit	UDR INC	$0	–	-41,955	–	-0.19%	–
WELL	Exit	WELLTOWER INC	$0	–	-28,135	–	-0.20%	–
KIM	Exit	KIMCO RLTY CORP	$0	–	-99,500	–	-0.20%	–
	Exit	CONSTELLATION ENERGY CORP	$0	–	-23,000	–	-0.21%	–
SUI	Exit	SUN CMNTYS INC	$0	–	-15,316	–	-0.23%	–
GBDC	Exit	GOLUB CAP BDC INC	$0	–	-169,000	–	-0.23%	–
	Exit	NUVEI CORPORATION	$0	–	-77,800	–	-0.23%	–
REXR	Exit	REXFORD INDL RLTY INC	$0	–	-41,719	–	-0.24%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,868	–	-0.25%	–
OCSL	Exit	OAKTREE SPECIALTY LENDING CO	$0	–	-401,700	–	-0.26%	–
EQR	Exit	EQUITY RESIDENTIALsh ben int	$0	–	-36,258	–	-0.27%	–
	Exit	FLUENCE ENERGY INC	$0	–	-175,000	–	-0.28%	–
BE	Exit	BLOOM ENERGY CORP	$0	–	-130,000	–	-0.28%	–
EQIX	Exit	EQUINIX INC	$0	–	-5,072	–	-0.32%	–
ARRY	Exit	ARRAY TECHNOLOGIES INC	$0	–	-175,000	–	-0.32%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-270,000	–	-0.33%	–
BLDP	Exit	BALLARD PWR SYS INC NEW	$0	–	-500,000	–	-0.34%	–
CDNS	Exit	CADENCE DESIGN SYSTEM INC	$0	–	-19,500	–	-0.35%	–
AJG	Exit	GALLAGHER ARTHUR J & CO	$0	–	-21,000	–	-0.40%	–
STEM	Exit	STEM INC	$0	–	-275,000	–	-0.40%	–
ITRI	Exit	ITRON INC	$0	–	-94,000	–	-0.44%	–
PLD	Exit	PROLOGIS INC.	$0	–	-39,348	–	-0.44%	–
WCC	Exit	WESCO INTL INC	$0	–	-34,000	–	-0.45%	–
MGA	Exit	MAGNA INTL INC	$0	–	-87,300	–	-0.46%	–
CHPT	Exit	CHARGEPOINT HOLDINGS INC	$0	–	-290,000	–	-0.47%	–
XYL	Exit	XYLEM INC	$0	–	-50,000	–	-0.48%	–
AWK	Exit	AMERICAN WTR WKS CO INC NEW	$0	–	-37,000	–	-0.53%	–
AMRC	Exit	AMERESCO INCcl a	$0	–	-74,000	–	-0.54%	–
AQUA	Exit	EVOQUA WATER TECHNOLOGIES CO	$0	–	-150,000	–	-0.54%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-31,500	–	-0.55%	–
TIXT	Exit	TELUS INTL CDA INC	$0	–	-191,637	–	-0.56%	–
BBDC	Exit	BARINGS BDC INC	$0	–	-614,000	–	-0.56%	–
ORA	Exit	ORMAT TECHNOLOGIES INC	$0	–	-60,000	–	-0.57%	–
PLUG	Exit	PLUG POWER INC	$0	–	-250,000	–	-0.58%	–
ENPH	Exit	ENPHASE ENERGY INC	$0	–	-19,000	–	-0.58%	–
BEP	Exit	BROOKFIELD RENEWABLE PARTNERpartnership unit	$0	–	-170,000	–	-0.59%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-180,000	–	-0.59%	–
TU	Exit	TELUS CORPORATION	$0	–	-270,400	–	-0.59%	–
RUN	Exit	SUNRUN INC	$0	–	-200,000	–	-0.61%	–
	Exit	ENVIVA INC	$0	–	-92,000	–	-0.61%	–
PEP	Exit	PEPSICO INC	$0	–	-34,000	–	-0.61%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-73,000	–	-0.63%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-19,500	–	-0.65%	–
NEP	Exit	NEXTERA ENERGY PARTNERS LP	$0	–	-84,000	–	-0.67%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-146,600	–	-0.68%	–
NFLX	Exit	NETFLIX INC	$0	–	-27,500	–	-0.71%	–
STX	Exit	SEAGATE TECHNOLOGY HLDNGS PL	$0	–	-133,900	–	-0.78%	–
BAM	Exit	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$0	–	-174,700	–	-0.79%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-51,200	–	-0.83%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-487,500	–	-0.84%	–
LNG	Exit	CHENIERE ENERGY INC	$0	–	-47,600	–	-0.87%	–
FCX	Exit	FREEPORT-MCMORAN INCcl b	$0	–	-290,600	–	-0.87%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-121,000	–	-0.91%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-17,000	–	-0.95%	–
BIP	Exit	BROOKFIELD INFRAST PARTNERSlp int unit	$0	–	-241,350	–	-0.96%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-18,600	–	-0.96%	–
AMZN	Exit	AMAZON COM INC	$0	–	-79,000	–	-0.98%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-39,400	–	-1.01%	–
H	Exit	HYATT HOTELS CORP	$0	–	-116,000	–	-1.03%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-69,700	–	-1.04%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-34,700	–	-1.05%	–
LOW	Exit	LOWES COS INC	$0	–	-54,200	–	-1.12%	–
PFE	Exit	PFIZER INC	$0	–	-237,800	–	-1.14%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-105,500	–	-1.21%	–
MRK	Exit	MERCK & CO INC	$0	–	-128,500	–	-1.22%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-23,500	–	-1.22%	–
AAPL	Exit	APPLE INC	$0	–	-89,000	–	-1.35%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-154,136	–	-1.37%	–
RCI	Exit	ROGERS COMMUNICATIONS INCcl b	$0	–	-322,900	–	-1.38%	–
TRP	Exit	TC ENERGY CORP	$0	–	-336,570	–	-1.50%	–
CNI	Exit	CANADIAN NATL RY CO	$0	–	-126,800	–	-1.52%	–
CCK	Exit	CROWN HLDGS INC	$0	–	-174,100	–	-1.55%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-477,200	–	-1.58%	–
ENB	Exit	ENBRIDGE INC	$0	–	-394,200	–	-1.62%	–
ROST	Exit	ROSS STORES INC	$0	–	-179,000	–	-1.66%	–
BLK	Exit	BLACKROCK INC	$0	–	-27,800	–	-1.68%	–
CNQ	Exit	CANADIAN NAT RES LTD	$0	–	-327,300	–	-1.69%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-397,900	–	-1.69%	–
DE	Exit	DEERE & CO	$0	–	-47,700	–	-1.75%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-31,700	–	-1.76%	–
UNP	Exit	UNION PAC CORP	$0	–	-82,300	–	-1.76%	–
CP	Exit	CANADIAN PAC RY LTD	$0	–	-238,500	–	-1.76%	–
T	Exit	AT&T INC	$0	–	-1,116,200	–	-1.88%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-149,000	–	-1.89%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-184,500	–	-1.94%	–
ARCC	Exit	ARES CAPITAL CORP	$0	–	-1,060,331	–	-1.96%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-303,000	–	-2.06%	–
V	Exit	VISA INC	$0	–	-114,700	–	-2.24%	–
	Exit	SHELL PLCspon ads	$0	–	-438,500	–	-2.40%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-95,660	–	-2.45%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-812,300	–	-2.53%	–
RY	Exit	ROYAL BK CDA	$0	–	-276,090	–	-2.75%	–
WMT	Exit	WALMART INC	$0	–	-195,600	–	-2.78%	–
BNS	Exit	BANK NOVA SCOTIA HALIFAX	$0	–	-1,026,000	–	-5.40%	–

Q3 2022

			Value		Shares		↓ Weighting
BNS	Sell	BANK NOVA SCOTIA HALIFAX	$49,178,000	-53.3%	1,026,000	-42.4%	5.40%	-46.3%
WMT	Sell	WALMART INC	$25,369,000	+4.0%	195,600	-2.5%	2.78%	+19.6%
RY	Buy	ROYAL BK CDA	$25,051,000	+1.0%	276,090	+7.7%	2.75%	+16.2%
MSFT	Sell	MICROSOFT CORP	$22,279,000	-12.6%	95,660	-3.6%	2.45%	+0.5%
	Buy	SHELL PLCspon ads	$21,820,000	+15.2%	438,500	+21.1%	2.40%	+32.5%
V	Buy	VISA INC	$20,376,000	-9.3%	114,700	+0.5%	2.24%	+4.3%
ARCC	Sell	ARES CAPITAL CORP	$17,898,000	-16.6%	1,060,331	-11.4%	1.96%	-4.1%
GOOGL	Buy	ALPHABET INCcap stk cl a	$17,647,000	-8.0%	184,500	+1996.6%	1.94%	+5.8%
EA	Buy	ELECTRONIC ARTS INC	$17,241,000	+33.7%	149,000	+40.6%	1.89%	+53.8%
T	Buy	AT&T INC	$17,123,000	+3.9%	1,116,200	+42.0%	1.88%	+19.5%
UNP	Buy	UNION PAC CORP	$16,034,000	-4.2%	82,300	+4.8%	1.76%	+10.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$16,010,000	-12.7%	31,700	-11.2%	1.76%	+0.4%
DE	Buy	DEERE & CO	$15,927,000	+13.9%	47,700	+2.1%	1.75%	+31.0%
BSX	Buy	BOSTON SCIENTIFIC CORP	$15,411,000	+7.9%	397,900	+3.8%	1.69%	+24.0%
BLK	Buy	BLACKROCK INC	$15,298,000	-6.3%	27,800	+3.7%	1.68%	+7.8%
ROST	Sell	ROSS STORES INC	$15,084,000	+10.7%	179,000	-7.7%	1.66%	+27.3%
ENB	Sell	ENBRIDGE INC	$14,730,000	-27.6%	394,200	-18.2%	1.62%	-16.8%
BAC	Buy	BK OF AMERICA CORP	$14,411,000	-0.4%	477,200	+2.6%	1.58%	+14.5%
CCK	Buy	CROWN HLDGS INC	$14,107,000	+5.8%	174,100	+20.3%	1.55%	+21.7%
TRP	Sell	TC ENERGY CORP	$13,662,000	-68.7%	336,570	-60.0%	1.50%	-64.0%
RCI	Buy	ROGERS COMMUNICATIONS INCcl b	$12,535,000	-14.8%	322,900	+5.2%	1.38%	-2.0%
MDT	Buy	MEDTRONIC PLC	$12,446,000	-2.1%	154,136	+8.8%	1.37%	+12.5%
AAPL	Sell	APPLE INC	$12,300,000	-7.7%	89,000	-8.7%	1.35%	+6.0%
COST	Buy	COSTCO WHSL CORP NEW	$11,098,000	+5.3%	23,500	+6.8%	1.22%	+21.0%
MRK	Sell	MERCK & CO INC	$11,066,000	-7.6%	128,500	-2.1%	1.22%	+6.3%
JPM	Buy	JPMORGAN CHASE & CO	$11,025,000	-5.9%	105,500	+1.4%	1.21%	+8.2%
PFE	Sell	PFIZER INC	$10,406,000	-18.0%	237,800	-1.8%	1.14%	-5.8%
ADBE	Buy	ADOBE SYSTEMS INCORPORATED	$9,549,000	+13.4%	34,700	+50.8%	1.05%	+30.3%
WCN	Buy	WASTE CONNECTIONS INC	$9,491,000	+12.3%	69,700	+2.2%	1.04%	+29.1%
AMZN	Sell	AMAZON COM INC	$8,927,000	-11.1%	79,000	-16.5%	0.98%	+2.2%
BIP	Buy	BROOKFIELD INFRAST PARTNERSlp int unit	$8,725,000	+5.4%	241,350	+11.3%	0.96%	+21.3%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$8,622,000	-17.8%	17,000	-12.0%	0.95%	-5.5%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$8,296,000	+766.9%	121,000	+934.6%	0.91%	+901.1%
FCX	Buy	FREEPORT-MCMORAN INCcl b	$7,942,000	+3.6%	290,600	+10.9%	0.87%	+19.1%
LNG	Sell	CHENIERE ENERGY INC	$7,897,000	-36.8%	47,600	-49.4%	0.87%	-27.4%
GOLD	Sell	BARRICK GOLD CORP	$7,615,000	-30.7%	487,500	-21.5%	0.84%	-20.3%
STX	Sell	SEAGATE TECHNOLOGY HLDNGS PL	$7,127,000	-29.2%	133,900	-5.0%	0.78%	-18.6%
AEM	Buy	AGNICO EAGLE MINES LTD	$6,242,000	+48.3%	146,600	+59.3%	0.68%	+70.4%
SPGI	Buy	S&P GLOBAL INC	$5,954,000	+1.3%	19,500	+11.9%	0.65%	+16.6%
NEE	Sell	NEXTERA ENERGY INC	$5,724,000	-49.0%	73,000	-49.6%	0.63%	-41.4%
	Buy	ENVIVA INC	$5,526,000	+20.7%	92,000	+15.0%	0.61%	+38.9%
TU	Buy	TELUS CORPORATION	$5,411,000	-4.5%	270,400	+6.3%	0.59%	+9.8%
HASI	Buy	HANNON ARMSTRONG SUST INFR C	$5,387,000	-8.2%	180,000	+16.1%	0.59%	+5.5%
BEP	Buy	BROOKFIELD RENEWABLE PARTNERpartnership unit	$5,352,000	-7.7%	170,000	+1.8%	0.59%	+6.3%
ENPH	Sell	ENPHASE ENERGY INC	$5,272,000	+35.0%	19,000	-5.0%	0.58%	+55.2%
PLUG	Sell	PLUG POWER INC	$5,253,000	+15.3%	250,000	-9.1%	0.58%	+32.6%
WM	Sell	WASTE MGMT INC DEL	$5,047,000	-35.9%	31,500	-38.8%	0.55%	-26.3%
AQUA	Buy	EVOQUA WATER TECHNOLOGIES CO	$4,961,000	+9.0%	150,000	+7.1%	0.54%	+25.3%
AMRC	Sell	AMERESCO INCcl a	$4,920,000	+38.4%	74,000	-5.1%	0.54%	+59.3%
AWK	Buy	AMERICAN WTR WKS CO INC NEW	$4,816,000	-1.9%	37,000	+12.1%	0.53%	+12.8%
XYL	Sell	XYLEM INC	$4,368,000	+3.5%	50,000	-7.4%	0.48%	+19.1%
MGA	New	MAGNA INTL INC	$4,174,000	–	87,300	–	0.46%	–
WCC	New	WESCO INTL INC	$4,059,000	–	34,000	–	0.45%	–
PLD	Buy	PROLOGIS INC.	$3,998,000	-9.3%	39,348	+5.1%	0.44%	+4.3%
ITRI	Buy	ITRON INC	$3,958,000	-11.0%	94,000	+4.4%	0.44%	+2.4%
STEM	Sell	STEM INC	$3,669,000	+42.3%	275,000	-23.6%	0.40%	+63.8%
AJG	New	GALLAGHER ARTHUR J & CO	$3,596,000	–	21,000	–	0.40%	–
CDNS	Sell	CADENCE DESIGN SYSTEM INC	$3,187,000	-44.8%	19,500	-49.4%	0.35%	-36.5%
TPIC	Sell	TPI COMPOSITES INC	$3,046,000	-28.2%	270,000	-20.4%	0.33%	-17.5%
ARRY	Sell	ARRAY TECHNOLOGIES INC	$2,902,000	-4.2%	175,000	-36.4%	0.32%	+10.4%
EQIX	Buy	EQUINIX INC	$2,885,000	-2.0%	5,072	+13.3%	0.32%	+12.8%
BE	Buy	BLOOM ENERGY CORP	$2,599,000	+57.5%	130,000	+30.0%	0.28%	+80.4%
	Sell	FLUENCE ENERGY INC	$2,553,000	-10.2%	175,000	-41.7%	0.28%	+2.9%
EQR	Sell	EQUITY RESIDENTIALsh ben int	$2,437,000	-13.0%	36,258	-6.5%	0.27%	+0.4%
OCSL	Sell	OAKTREE SPECIALTY LENDING CO	$2,410,000	-55.5%	401,700	-51.4%	0.26%	-48.7%
PSA	Sell	PUBLIC STORAGE	$2,304,000	-13.1%	7,868	-7.1%	0.25%	0.0%
REXR	Sell	REXFORD INDL RLTY INC	$2,169,000	-11.7%	41,719	-2.1%	0.24%	+1.3%
SUI	Sell	SUN CMNTYS INC	$2,073,000	-18.3%	15,316	-3.7%	0.23%	-5.8%
	New	CONSTELLATION ENERGY CORP	$1,913,000	–	23,000	–	0.21%	–
KIM	Buy	KIMCO RLTY CORP	$1,832,000	-4.0%	99,500	+3.1%	0.20%	+10.4%
WELL	Sell	WELLTOWER INC	$1,810,000	-39.8%	28,135	-22.9%	0.20%	-30.7%
UDR	Sell	UDR INC	$1,750,000	-15.0%	41,955	-6.0%	0.19%	-2.0%
ARE	Buy	ALEXANDRIA REAL ESTATE EQ IN	$1,749,000	+9.5%	12,474	+13.4%	0.19%	+26.3%
INVH	Sell	INVITATION HOMES INC	$1,685,000	-13.9%	49,889	-9.3%	0.18%	-1.1%
APTV	Sell	APTIV PLC	$1,486,000	-47.9%	19,000	-40.6%	0.16%	-40.1%
EXR	Sell	EXTRA SPACE STORAGE INC	$1,468,000	-7.3%	8,500	-8.6%	0.16%	+6.6%
ESS	Sell	ESSEX PPTY TR INC	$1,429,000	-10.5%	5,900	-3.3%	0.16%	+3.3%
BEEM	Sell	BEAM GLOBAL	$1,403,000	-24.7%	115,000	-4.2%	0.15%	-13.5%
NIO	Sell	NIO INCspon ads	$1,340,000	-61.4%	85,000	-46.9%	0.15%	-55.7%
EPRT	Sell	ESSENTIAL PPTYS RLTY TR INC	$1,330,000	-10.9%	68,393	-1.5%	0.15%	+2.1%
SANM	Buy	SANMINA CORPORATION	$1,333,000	+178.9%	21,100	+131.9%	0.15%	+217.4%
AMT	Sell	AMERICAN TOWER CORP NEW	$1,331,000	-46.9%	6,200	-36.7%	0.15%	-38.9%
SLGN	Buy	SILGAN HOLDINGS INC	$1,320,000	+178.5%	22,900	+157.3%	0.14%	+222.2%
HWC	Buy	HANCOCK WHITNEY CORPORATION	$1,319,000	+188.6%	21,000	+162.5%	0.14%	+229.5%
HST	Buy	HOST HOTELS & RESORTS INC	$1,300,000	+2.8%	81,849	+1.6%	0.14%	+18.2%
JBL	Buy	JABIL INC	$1,305,000	+204.2%	16,500	+153.8%	0.14%	+248.8%
EPC	Buy	EDGEWELL PERS CARE CO	$1,292,000	+159.4%	25,200	+125.0%	0.14%	+195.8%
BHE	Buy	BENCHMARK ELECTRS INC	$1,277,000	+181.3%	37,600	+141.0%	0.14%	+225.6%
REZI	Buy	RESIDEO TECHNOLOGIES INC	$1,244,000	+199.8%	47,600	+186.7%	0.14%	+242.5%
BCO	Buy	BRINKS CO	$1,235,000	+139.3%	18,600	+181.8%	0.14%	+177.6%
PDCO	Buy	PATTERSON COS INC	$1,179,000	+135.8%	35,800	+179.7%	0.13%	+168.8%
CRI	Buy	CARTERS INC	$1,177,000	+154.2%	13,100	+156.9%	0.13%	+193.2%
COKE	Buy	COCA COLA CONS INC	$1,163,000	+142.3%	2,060	+212.1%	0.13%	+178.3%
LI	Sell	LI AUTO INCsponsored ads	$1,151,000	-62.4%	50,000	-37.5%	0.13%	-57.0%
VICI	Sell	VICI PPTYS INC	$1,114,000	-12.7%	37,313	-12.8%	0.12%	0.0%
PEAK	New	HEALTHPEAK PROPERTIES INC	$1,100,000	–	48,000	–	0.12%	–
SHOP	Buy	SHOPIFY INCcl a	$1,036,000	-2.3%	38,200	+12.4%	0.11%	+12.9%
DEI	New	DOUGLAS EMMETT INC	$945,000	–	52,710	–	0.10%	–
HP	Buy	HELMERICH & PAYNE INC	$856,000	+95.4%	16,900	+113.9%	0.09%	+123.8%
PDS	Buy	PRECISION DRILLING CORP	$769,000	+85.7%	11,000	+120.0%	0.08%	+110.0%
NBR	Buy	NABORS INDUSTRIES LTD	$723,000	+90.3%	5,200	+136.4%	0.08%	+119.4%
RADI	Buy	RADIUS GLOBAL INFRASTRCTRE I	$701,000	-33.4%	74,377	+8.0%	0.08%	-23.0%
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-1,937	–	-0.02%	–
STLA	Exit	STELLANTIS N.V	$0	–	-26,000	–	-0.03%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-12,689	–	-0.04%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-1,700	–	-0.04%	–
INGR	Exit	INGREDION INC	$0	–	-5,393	–	-0.04%	–
FISV	Exit	FISERV INC	$0	–	-5,845	–	-0.05%	–
HSIC	Exit	HENRY SCHEIN INC	$0	–	-7,590	–	-0.06%	–
KMB	Exit	KIMBERLY-CLARK CORP	$0	–	-4,562	–	-0.06%	–
CLX	Exit	CLOROX CO DEL	$0	–	-4,487	–	-0.06%	–
ECL	Exit	ECOLAB INC	$0	–	-4,096	–	-0.06%	–
LIN	Exit	LINDE PLC	$0	–	-2,239	–	-0.06%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO C	$0	–	-5,117	–	-0.07%	–
LW	Exit	LAMB WESTON HLDGS INC	$0	–	-11,208	–	-0.08%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-6,526	–	-0.09%	–
KRC	Exit	KILROY RLTY CORP	$0	–	-24,900	–	-0.12%	–
HD	Exit	HOME DEPOT INC	$0	–	-5,355	–	-0.14%	–
GRPU	Exit	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$0	–	-28,100	–	-0.16%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-33,138	–	-0.17%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-861	–	-0.18%	–
FNV	Exit	FRANCO NEV CORP	$0	–	-37,900	–	-0.48%	–
BGRN	Exit	ISHARES TRusd grn bond etf	$0	–	-107,449	–	-0.49%	–
TFII	Exit	TFI INTL INC	$0	–	-73,900	–	-0.57%	–

Q2 2022

			Value		Shares		↓ Weighting
BNS	New	BANK NOVA SCOTIA B C	$105,315,000	–	1,779,900	–	10.06%	–
TRP	New	TC ENERGY CORP	$43,606,000	–	841,970	–	4.16%	–
SU	New	SUNCOR ENERGY INC NEW	$28,467,000	–	812,300	–	2.72%	–
MSFT	New	MICROSOFT CORP	$25,483,000	–	99,216	–	2.43%	–
RY	New	ROYAL BK CDA	$24,793,000	–	256,290	–	2.37%	–
WMT	New	WALMART INC	$24,389,000	–	200,600	–	2.33%	–
V	New	VISA INC	$22,464,000	–	114,089	–	2.14%	–
ARCC	New	ARES CAPITAL CORP	$21,468,000	–	1,196,296	–	2.05%	–
ENB	New	ENBRIDGE INC	$20,351,000	–	482,000	–	1.94%	–
TD	New	TORONTO DOMINION BK ONT	$19,865,000	–	303,000	–	1.90%	–
GOOGL	New	ALPHABET INCcap stk cl a	$19,177,000	–	8,800	–	1.83%	–
	New	SHELL PLCspon ads	$18,934,000	–	362,100	–	1.81%	–
UNH	New	UNITEDHEALTH GROUP INC	$18,337,000	–	35,700	–	1.75%	–
CNQ	New	CANADIAN NAT RES LTD	$17,584,000	–	327,300	–	1.68%	–
UNP	New	UNION PAC CORP	$16,742,000	–	78,500	–	1.60%	–
CP	New	CANADIAN PAC RY LTD	$16,655,000	–	238,500	–	1.59%	–
T	New	AT&T INC	$16,479,000	–	786,200	–	1.57%	–
BLK	New	BLACKROCK INC	$16,322,000	–	26,800	–	1.56%	–
RCI	New	ROGERS COMMUNICATIONS INCcl b	$14,707,000	–	307,000	–	1.40%	–
BAC	New	BK OF AMERICA CORP	$14,475,000	–	465,000	–	1.38%	–
BSX	New	BOSTON SCIENTIFIC CORP	$14,289,000	–	383,400	–	1.36%	–
CNI	New	CANADIAN NATL RY CO	$14,254,000	–	126,800	–	1.36%	–
DE	New	DEERE & CO	$13,985,000	–	46,700	–	1.34%	–
ROST	New	ROSS STORES INC	$13,625,000	–	194,000	–	1.30%	–
CCK	New	CROWN HLDGS INC	$13,337,000	–	144,700	–	1.27%	–
AAPL	New	APPLE INC	$13,330,000	–	97,500	–	1.27%	–
EA	New	ELECTRONIC ARTS INC	$12,895,000	–	106,000	–	1.23%	–
MDT	New	MEDTRONIC PLC	$12,712,000	–	141,636	–	1.21%	–
PFE	New	PFIZER INC	$12,693,000	–	242,092	–	1.21%	–
LNG	New	CHENIERE ENERGY INC	$12,505,000	–	94,000	–	1.19%	–
MRK	New	MERCK & CO INC	$11,970,000	–	131,289	–	1.14%	–
JPM	New	JPMORGAN CHASE & CO	$11,711,000	–	104,000	–	1.12%	–
NEE	New	NEXTERA ENERGY INC	$11,220,000	–	144,835	–	1.07%	–
GOLD	New	BARRICK GOLD CORP	$10,983,000	–	621,300	–	1.05%	–
COST	New	COSTCO WHSL CORP NEW	$10,544,000	–	22,000	–	1.01%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$10,495,000	–	19,315	–	1.00%	–
STX	New	SEAGATE TECHNOLOGY HLDNGS PL	$10,066,000	–	140,900	–	0.96%	–
AMZN	New	AMAZON COM INC	$10,047,000	–	94,579	–	0.96%	–
APD	New	AIR PRODS & CHEMS INC	$9,475,000	–	39,400	–	0.90%	–
LOW	New	LOWES COS INC	$9,467,000	–	54,200	–	0.90%	–
NOC	New	NORTHROP GRUMMAN CORP	$8,901,000	–	18,600	–	0.85%	–
H	New	HYATT HOTELS CORP	$8,574,000	–	116,000	–	0.82%	–
WCN	New	WASTE CONNECTIONS INC	$8,454,000	–	68,200	–	0.81%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$8,424,000	–	23,013	–	0.80%	–
BIP	New	BROOKFIELD INFRAST PARTNERSlp int unit	$8,279,000	–	216,750	–	0.79%	–
WM	New	WASTE MGMT INC DEL	$7,878,000	–	51,500	–	0.75%	–
BAM	New	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$7,770,000	–	174,700	–	0.74%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$7,669,000	–	262,100	–	0.73%	–
NXPI	New	NXP SEMICONDUCTORS N V	$7,579,000	–	51,200	–	0.72%	–
NEP	New	NEXTERA ENERGY PARTNERS LP	$6,229,000	–	84,000	–	0.60%	–
TFII	New	TFI INTL INC	$5,931,000	–	73,900	–	0.57%	–
SPGI	New	S&P GLOBAL INC	$5,875,000	–	17,428	–	0.56%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$5,868,000	–	155,000	–	0.56%	–
BEP	New	BROOKFIELD RENEWABLE PARTNERpartnership unit	$5,797,000	–	167,000	–	0.55%	–
CDNS	New	CADENCE DESIGN SYSTEM INC	$5,776,000	–	38,500	–	0.55%	–
BBDC	New	BARINGS BDC INC	$5,721,000	–	614,000	–	0.55%	–
TU	New	TELUS CORPORATION	$5,665,000	–	254,400	–	0.54%	–
PEP	New	PEPSICO INC	$5,666,000	–	34,000	–	0.54%	–
OCSL	New	OAKTREE SPECIALTY LENDING CO	$5,420,000	–	826,700	–	0.52%	–
BGRN	New	ISHARES TRusd grn bond etf	$5,132,000	–	107,449	–	0.49%	–
FNV	New	FRANCO NEV CORP	$4,984,000	–	37,900	–	0.48%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$4,909,000	–	33,000	–	0.47%	–
NFLX	New	NETFLIX INC	$4,809,000	–	27,500	–	0.46%	–
TIXT	New	TELUS INTL CDA INC	$4,808,000	–	191,637	–	0.46%	–
ORA	New	ORMAT TECHNOLOGIES INC	$4,701,000	–	60,000	–	0.45%	–
RUN	New	SUNRUN INC	$4,672,000	–	200,000	–	0.45%	–
	New	ENVIVA INC	$4,578,000	–	80,000	–	0.44%	–
PLUG	New	PLUG POWER INC	$4,557,000	–	275,000	–	0.44%	–
AQUA	New	EVOQUA WATER TECHNOLOGIES CO	$4,551,000	–	140,000	–	0.44%	–
ITRI	New	ITRON INC	$4,449,000	–	90,000	–	0.42%	–
PLD	New	PROLOGIS INC.	$4,410,000	–	37,448	–	0.42%	–
TPIC	New	TPI COMPOSITES INC	$4,241,000	–	339,250	–	0.40%	–
XYL	New	XYLEM INC	$4,222,000	–	54,000	–	0.40%	–
AEM	New	AGNICO EAGLE MINES LTD	$4,210,000	–	92,000	–	0.40%	–
CHPT	New	CHARGEPOINT HOLDINGS INC	$3,970,000	–	290,000	–	0.38%	–
ENPH	New	ENPHASE ENERGY INC	$3,905,000	–	20,000	–	0.37%	–
AMRC	New	AMERESCO INCcl a	$3,554,000	–	78,000	–	0.34%	–
NIO	New	NIO INCspon ads	$3,475,000	–	160,000	–	0.33%	–
BLDP	New	BALLARD PWR SYS INC NEW	$3,155,000	–	500,000	–	0.30%	–
LI	New	LI AUTO INCsponsored ads	$3,065,000	–	80,000	–	0.29%	–
ARRY	New	ARRAY TECHNOLOGIES INC	$3,028,000	–	275,000	–	0.29%	–
WELL	New	WELLTOWER INC	$3,009,000	–	36,505	–	0.29%	–
EQIX	New	EQUINIX INC	$2,943,000	–	4,476	–	0.28%	–
	New	FLUENCE ENERGY INC	$2,844,000	–	300,000	–	0.27%	–
APTV	New	APTIV PLC	$2,850,000	–	32,000	–	0.27%	–
	New	NUVEI CORPORATION	$2,811,000	–	77,800	–	0.27%	–
EQR	New	EQUITY RESIDENTIALsh ben int	$2,801,000	–	38,758	–	0.27%	–
PSA	New	PUBLIC STORAGE	$2,650,000	–	8,468	–	0.25%	–
STEM	New	STEM INC	$2,578,000	–	360,000	–	0.25%	–
SUI	New	SUN CMNTYS INC	$2,536,000	–	15,900	–	0.24%	–
AMT	New	AMERICAN TOWER CORP NEW	$2,505,000	–	9,793	–	0.24%	–
REXR	New	REXFORD INDL RLTY INC	$2,457,000	–	42,619	–	0.24%	–
GBDC	New	GOLUB CAP BDC INC	$2,192,000	–	169,000	–	0.21%	–
UDR	New	UDR INC	$2,058,000	–	44,655	–	0.20%	–
INVH	New	INVITATION HOMES INC	$1,958,000	–	54,989	–	0.19%	–
KIM	New	KIMCO RLTY CORP	$1,909,000	–	96,500	–	0.18%	–
GOOG	New	ALPHABET INCcap stk cl c	$1,885,000	–	861	–	0.18%	–
BEEM	New	BEAM GLOBAL	$1,862,000	–	120,000	–	0.18%	–
HDB	New	HDFC BANK LTDsponsored ads	$1,823,000	–	33,138	–	0.17%	–
GRPU	New	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$1,723,000	–	28,100	–	0.16%	–
BE	New	BLOOM ENERGY CORP	$1,650,000	–	100,000	–	0.16%	–
ARE	New	ALEXANDRIA REAL ESTATE EQ IN	$1,597,000	–	11,000	–	0.15%	–
ESS	New	ESSEX PPTY TR INC	$1,597,000	–	6,100	–	0.15%	–
EXR	New	EXTRA SPACE STORAGE INC	$1,583,000	–	9,300	–	0.15%	–
EPRT	New	ESSENTIAL PPTYS RLTY TR INC	$1,493,000	–	69,400	–	0.14%	–
HD	New	HOME DEPOT INC	$1,470,000	–	5,355	–	0.14%	–
KRC	New	KILROY RLTY CORP	$1,304,000	–	24,900	–	0.12%	–
VICI	New	VICI PPTYS INC	$1,276,000	–	42,813	–	0.12%	–
HST	New	HOST HOTELS & RESORTS INC	$1,264,000	–	80,549	–	0.12%	–
SHOP	New	SHOPIFY INCcl a	$1,060,000	–	34,000	–	0.10%	–
RADI	New	RADIUS GLOBAL INFRASTRCTRE I	$1,052,000	–	68,877	–	0.10%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$957,000	–	11,695	–	0.09%	–
PG	New	PROCTER AND GAMBLE CO	$939,000	–	6,526	–	0.09%	–
LW	New	LAMB WESTON HLDGS INC	$802,000	–	11,208	–	0.08%	–
PDO	New	PIMCO DYNAMIC INCOME OPRNTS	$749,000	–	54,000	–	0.07%	–
FRC	New	FIRST REP BK SAN FRANCISCO C	$739,000	–	5,117	–	0.07%	–
LIN	New	LINDE PLC	$641,000	–	2,239	–	0.06%	–
CLX	New	CLOROX CO DEL	$633,000	–	4,487	–	0.06%	–
ECL	New	ECOLAB INC	$630,000	–	4,096	–	0.06%	–
KMB	New	KIMBERLY-CLARK CORP	$617,000	–	4,562	–	0.06%	–
HSIC	New	HENRY SCHEIN INC	$583,000	–	7,590	–	0.06%	–
FISV	New	FISERV INC	$520,000	–	5,845	–	0.05%	–
BCO	New	BRINKS CO	$516,000	–	6,600	–	0.05%	–
PDCO	New	PATTERSON COS INC	$500,000	–	12,800	–	0.05%	–
EPC	New	EDGEWELL PERS CARE CO	$498,000	–	11,200	–	0.05%	–
SANM	New	SANMINA CORPORATION	$478,000	–	9,100	–	0.05%	–
COKE	New	COCA COLA CONS INC	$480,000	–	660	–	0.05%	–
ACN	New	ACCENTURE PLC IRELAND	$472,000	–	1,700	–	0.04%	–
INGR	New	INGREDION INC	$476,000	–	5,393	–	0.04%	–
SLGN	New	SILGAN HOLDINGS INC	$474,000	–	8,900	–	0.04%	–
HWC	New	HANCOCK WHITNEY CORPORATION	$457,000	–	8,000	–	0.04%	–
CRI	New	CARTERS INC	$463,000	–	5,100	–	0.04%	–
BHE	New	BENCHMARK ELECTRS INC	$454,000	–	15,600	–	0.04%	–
CAG	New	CONAGRA BRANDS INC	$435,000	–	12,689	–	0.04%	–
HP	New	HELMERICH & PAYNE INC	$438,000	–	7,900	–	0.04%	–
JBL	New	JABIL INC	$429,000	–	6,500	–	0.04%	–
PACW	New	PACWEST BANCORP DEL	$433,000	–	12,600	–	0.04%	–
REZI	New	RESIDEO TECHNOLOGIES INC	$415,000	–	16,600	–	0.04%	–
PDS	New	PRECISION DRILLING CORP	$414,000	–	5,000	–	0.04%	–
NBR	New	NABORS INDUSTRIES LTD	$380,000	–	2,200	–	0.04%	–
STLA	New	STELLANTIS N.V	$322,000	–	26,000	–	0.03%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$236,000	–	1,937	–	0.02%	–

Q4 2021

			Value		Shares		↓ Weighting
CLX	Exit	CLOROX CO DEL	$0	–	-1,225	–	-0.02%	–
LOGI	Exit	LOGITECH INTL S A	$0	–	-2,415	–	-0.02%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-2,137	–	-0.02%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-12,689	–	-0.04%	–
MMM	Exit	3M CO	$0	–	-2,648	–	-0.05%	–
INGR	Exit	INGREDION INC	$0	–	-5,393	–	-0.05%	–
GIS	Exit	GENERAL MLS INC	$0	–	-8,053	–	-0.05%	–
AMH	Exit	AMERICAN HOMES 4 RENTcl a	$0	–	-13,000	–	-0.05%	–
INVH	Exit	INVITATION HOMES INC	$0	–	-13,000	–	-0.05%	–
HSIC	Exit	HENRY SCHEIN INC	$0	–	-7,590	–	-0.06%	–
KMB	Exit	KIMBERLY-CLARK CORP	$0	–	-4,562	–	-0.06%	–
LW	Exit	LAMB WESTON HLDGS INC	$0	–	-11,426	–	-0.07%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-2,000	–	-0.07%	–
JNK	Exit	SPDR SER TRbloomberg brclys	$0	–	-7,000	–	-0.08%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-5,000	–	-0.09%	–
FISV	Exit	FISERV INC	$0	–	-11,212	–	-0.12%	–
QCOM	Exit	QUALCOMM INC	$0	–	-10,400	–	-0.14%	–
TU	Exit	TELUS CORPORATION	$0	–	-70,000	–	-0.16%	–
ECL	Exit	ECOLAB INC	$0	–	-8,262	–	-0.18%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-13,250	–	-0.19%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-7,210	–	-0.20%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO C	$0	–	-10,347	–	-0.20%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,929	–	-0.22%	–
PLD	Exit	PROLOGIS INC.	$0	–	-19,000	–	-0.24%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-22,132	–	-0.25%	–
JPHY	Exit	J P MORGAN EXCHANGE-TRADED Fhigh yld resrch	$0	–	-50,000	–	-0.27%	–
COLD	Exit	AMERICOLD RLTY TR	$0	–	-96,000	–	-0.29%	–
TSCO	Exit	TRACTOR SUPPLY CO	$0	–	-15,000	–	-0.31%	–
CHPT	Exit	CHARGEPOINT HOLDINGS INC	$0	–	-165,000	–	-0.34%	–
NTR	Exit	NUTRIEN LTD	$0	–	-52,000	–	-0.34%	–
BEEM	Exit	BEAM GLOBAL	$0	–	-126,500	–	-0.36%	–
HD	Exit	HOME DEPOT INC	$0	–	-10,872	–	-0.37%	–
STEM	Exit	STEM INC	$0	–	-150,000	–	-0.37%	–
BLDP	Exit	BALLARD PWR SYS INC NEW	$0	–	-280,000	–	-0.40%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-120,000	–	-0.42%	–
AMRC	Exit	AMERESCO INCcl a	$0	–	-70,000	–	-0.42%	–
RUN	Exit	SUNRUN INC	$0	–	-97,000	–	-0.44%	–
BBDC	Exit	BARINGS BDC INC	$0	–	-398,000	–	-0.45%	–
ITRI	Exit	ITRON INC	$0	–	-60,000	–	-0.47%	–
ORA	Exit	ORMAT TECHNOLOGIES INC	$0	–	-70,000	–	-0.48%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-1,749	–	-0.48%	–
BEP	Exit	BROOKFIELD RENEWABLE PARTNERpartnership unit	$0	–	-135,000	–	-0.51%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-97,000	–	-0.53%	–
FCX	Exit	FREEPORT-MCMORAN INCcl b	$0	–	-160,000	–	-0.54%	–
AQUA	Exit	EVOQUA WATER TECHNOLOGIES CO	$0	–	-140,000	–	-0.54%	–
NEP	Exit	NEXTERA ENERGY PARTNERS LP	$0	–	-70,000	–	-0.54%	–
XYL	Exit	XYLEM INC	$0	–	-43,000	–	-0.55%	–
EVA	Exit	ENVIVA PARTNERS LP	$0	–	-100,000	–	-0.56%	–
OCSL	Exit	OAKTREE SPECIALTY LENDING CO	$0	–	-770,000	–	-0.56%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-74,530	–	-0.56%	–
PLUG	Exit	PLUG POWER INC	$0	–	-215,000	–	-0.56%	–
	Exit	LIGHTSPEED COMMERCE INC	$0	–	-58,400	–	-0.58%	–
AWK	Exit	AMERICAN WTR WKS CO INC NEW	$0	–	-34,000	–	-0.59%	–
ARRY	Exit	ARRAY TECHNOLOGIES INC	$0	–	-320,000	–	-0.61%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-68,000	–	-0.66%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-34,000	–	-0.68%	–
BIP	Exit	BROOKFIELD INFRAST PARTNERSlp int unit	$0	–	-124,300	–	-0.72%	–
PGR	Exit	PROGRESSIVE CORP	$0	–	-77,000	–	-0.72%	–
FDX	Exit	FEDEX CORP	$0	–	-33,000	–	-0.74%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-406,600	–	-0.75%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-94,500	–	-0.75%	–
KL	Exit	KIRKLAND LAKE GOLD LTD	$0	–	-177,900	–	-0.76%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-28,900	–	-0.76%	–
TIXT	Exit	TELUS INTL CDA INC	$0	–	-223,436	–	-0.80%	–
BLK	Exit	BLACKROCK INC	$0	–	-9,700	–	-0.84%	–
APTV	Exit	APTIV PLC	$0	–	-55,000	–	-0.84%	–
GRPU	Exit	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$0	–	-116,000	–	-0.84%	–
DE	Exit	DEERE & CO	$0	–	-25,000	–	-0.86%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-18,800	–	-0.87%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-67,636	–	-0.87%	–
BGRN	Exit	ISHARES GLOBAL GREEN BOND ETFgbl green etf	$0	–	-155,000	–	-0.88%	–
WFG	Exit	WEST FRASER TIMBER CO LTD	$0	–	-108,650	–	-0.94%	–
CCK	Exit	CROWN HLDGS INC	$0	–	-91,000	–	-0.94%	–
TFII	Exit	TFI INTL INC	$0	–	-92,800	–	-0.97%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-68,000	–	-1.00%	–
FNV	Exit	FRANCO NEV CORP	$0	–	-75,200	–	-1.00%	–
AAPL	Exit	APPLE INC	$0	–	-69,500	–	-1.01%	–
PFE	Exit	PFIZER INC	$0	–	-242,244	–	-1.07%	–
TJX	Exit	TJX COS INC NEW	$0	–	-158,000	–	-1.07%	–
LOW	Exit	LOWES COS INC	$0	–	-52,000	–	-1.08%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-55,000	–	-1.09%	–
SJR	Exit	SHAW COMMUNICATIONS INCcl b conv	$0	–	-372,500	–	-1.11%	–
TRP	Exit	TC ENERGY CORP	$0	–	-226,570	–	-1.12%	–
VLO	Exit	VALERO ENERGY CORP	$0	–	-155,000	–	-1.12%	–
MRK	Exit	MERCK & CO INC	$0	–	-148,289	–	-1.15%	–
STX	Exit	SEAGATE TECHNOLOGY HLDNGS PL	$0	–	-135,400	–	-1.15%	–
T	Exit	AT&T INC	$0	–	-416,500	–	-1.16%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-35,500	–	-1.17%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-20,332	–	-1.20%	–
AMZN	Exit	AMAZON COM INC	$0	–	-3,574	–	-1.21%	–
UNP	Exit	UNION PAC CORP	$0	–	-63,000	–	-1.27%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-287,600	–	-1.28%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-32,000	–	-1.29%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-85,900	–	-1.32%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-78,500	–	-1.32%	–
CP	Exit	CANADIAN PAC RY LTD	$0	–	-214,400	–	-1.43%	–
CNI	Exit	CANADIAN NATL RY CO	$0	–	-122,100	–	-1.45%	–
MS	Exit	MORGAN STANLEY	$0	–	-146,000	–	-1.46%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-158,200	–	-1.56%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-5,900	–	-1.62%	–
C	Exit	CITIGROUP INC	$0	–	-225,000	–	-1.62%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-204,664	–	-1.65%	–
BAM	Exit	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$0	–	-301,600	–	-1.65%	–
CNQ	Exit	CANADIAN NAT RES LTD	$0	–	-446,400	–	-1.67%	–
ARCC	Exit	ARES CAPITAL CORP	$0	–	-800,990	–	-1.68%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-796,900	–	-1.69%	–
PEP	Exit	PEPSICO INC	$0	–	-121,000	–	-1.87%	–
CM	Exit	CANADIAN IMP BK COMM	$0	–	-179,200	–	-2.04%	–
ENB	Exit	ENBRIDGE INC	$0	–	-512,300	–	-2.09%	–
V	Exit	VISA INC	$0	–	-93,385	–	-2.14%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-74,255	–	-2.15%	–
WMT	Exit	WALMART INC	$0	–	-151,500	–	-2.17%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-443,000	–	-3.00%	–
RY	Exit	ROYAL BK CDA	$0	–	-321,390	–	-3.27%	–
BNS	Exit	BANK NOVA SCOTIA B C	$0	–	-1,155,500	–	-7.27%	–

Q3 2021

			Value		Shares		↓ Weighting
BNS	Buy	BANK NOVA SCOTIA B C	$70,703,000	+251.4%	1,155,500	+273.9%	7.27%	+252.8%
RY	Sell	ROYAL BK CDA	$31,791,000	-3.0%	321,390	-0.5%	3.27%	-2.6%
TD	Sell	TORONTO DOMINION BK ONT	$29,154,000	-6.7%	443,000	-0.6%	3.00%	-6.4%
WMT	Buy	WALMART INC	$21,116,000	+0.5%	151,500	+1.7%	2.17%	+0.8%
MSFT	Sell	MICROSOFT CORP	$20,934,000	+0.0%	74,255	-3.9%	2.15%	+0.4%
V	Buy	VISA INC	$20,802,000	+6.7%	93,385	+12.0%	2.14%	+7.1%
ENB	Sell	ENBRIDGE INC	$20,289,000	-2.0%	512,300	-0.8%	2.09%	-1.7%
CM	Sell	CANADIAN IMP BK COMM	$19,831,000	-4.4%	179,200	-1.6%	2.04%	-4.1%
SU	Buy	SUNCOR ENERGY INC NEW	$16,425,000	-4.0%	796,900	+11.7%	1.69%	-3.6%
ARCC	Buy	ARES CAPITAL CORP	$16,284,000	+11.3%	800,990	+7.3%	1.68%	+11.7%
CNQ	Sell	CANADIAN NAT RES LTD	$16,225,000	-1.1%	446,400	-1.1%	1.67%	-0.7%
BAM	Sell	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$16,066,000	-2.3%	301,600	-6.3%	1.65%	-2.0%
NEE	Sell	NEXTERA ENERGY INC	$16,070,000	+5.6%	204,664	-1.4%	1.65%	+6.0%
C	Buy	CITIGROUP INC	$15,791,000	+18.1%	225,000	+19.0%	1.62%	+18.5%
GOOGL	Sell	ALPHABET INCcap stk cl a	$15,774,000	-5.0%	5,900	-13.2%	1.62%	-4.6%
DLTR	Buy	DOLLAR TREE INC	$15,143,000	+27.9%	158,200	+32.9%	1.56%	+28.3%
MS	Sell	MORGAN STANLEY	$14,207,000	-13.0%	146,000	-18.0%	1.46%	-12.6%
CNI	Sell	CANADIAN NATL RY CO	$14,066,000	+7.7%	122,100	-1.2%	1.45%	+8.1%
CP	Buy	CANADIAN PAC RY LTD	$13,918,000	-10.5%	214,400	+6.1%	1.43%	-10.2%
JPM	Sell	JPMORGAN CHASE & CO	$12,850,000	-2.2%	78,500	-7.1%	1.32%	-1.9%
WM	Sell	WASTE MGMT INC DEL	$12,830,000	-8.3%	85,900	-14.0%	1.32%	-8.0%
BSX	Sell	BOSTON SCIENTIFIC CORP	$12,479,000	-6.0%	287,600	-7.4%	1.28%	-5.7%
UNP	Buy	UNION PAC CORP	$12,349,000	-5.6%	63,000	+5.9%	1.27%	-5.4%
AMZN	Buy	AMAZON COM INC	$11,741,000	+1.1%	3,574	+5.9%	1.21%	+1.5%
ACN	Sell	ACCENTURE PLC IRELAND	$11,357,000	+1.4%	35,500	-6.6%	1.17%	+1.7%
T	Buy	AT&T INC	$11,250,000	+25.7%	416,500	+33.9%	1.16%	+26.0%
STX	Buy	SEAGATE TECHNOLOGY HLDNGS PL	$11,173,000	+8.2%	135,400	+15.3%	1.15%	+8.6%
MRK	Sell	MERCK & CO INC	$11,138,000	-4.6%	148,289	-1.2%	1.15%	-4.2%
VLO	Buy	VALERO ENERGY CORP	$10,938,000	+33.4%	155,000	+47.6%	1.12%	+33.9%
TRP	Buy	TC ENERGY CORP	$10,840,000	+19.5%	226,570	+23.8%	1.12%	+19.9%
TXN	Buy	TEXAS INSTRS INC	$10,572,000	+19.5%	55,000	+19.6%	1.09%	+20.0%
TJX	Buy	TJX COS INC NEW	$10,425,000	+1.1%	158,000	+3.3%	1.07%	+1.5%
PFE	Sell	PFIZER INC	$10,419,000	-6.0%	242,244	-14.4%	1.07%	-5.6%
AAPL	Sell	APPLE INC	$9,834,000	-21.5%	69,500	-24.0%	1.01%	-21.2%
FNV	Sell	FRANCO NEV CORP	$9,712,000	-12.6%	75,200	-1.7%	1.00%	-12.3%
EA	Buy	ELECTRONIC ARTS INC	$9,673,000	+3.5%	68,000	+4.6%	1.00%	+3.9%
TFII	Sell	TFI INTL INC	$9,438,000	-4.6%	92,800	-14.3%	0.97%	-4.3%
CCK	Buy	CROWN HLDGS INC	$9,171,000	+3.1%	91,000	+4.6%	0.94%	+3.5%
BGRN	Sell	ISHARES GLOBAL GREEN BOND ETFgbl green etf	$8,505,000	-27.7%	155,000	-27.9%	0.88%	-27.5%
MDT	Sell	MEDTRONIC PLC	$8,478,000	-10.9%	67,636	-11.7%	0.87%	-10.6%
COST	Sell	COSTCO WHSL CORP NEW	$8,448,000	-39.0%	18,800	-46.3%	0.87%	-38.8%
GRPU	Sell	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$8,201,000	-6.0%	116,000	-11.5%	0.84%	-5.7%
APTV	Buy	APTIV PLC	$8,193,000	+1.1%	55,000	+6.8%	0.84%	+1.4%
TIXT	Buy	TELUS INTL CDA INC	$7,793,000	+41.1%	223,436	+25.8%	0.80%	+41.7%
APD	Buy	AIR PRODS & CHEMS INC	$7,402,000	+17.0%	28,900	+31.4%	0.76%	+17.4%
KL	Sell	KIRKLAND LAKE GOLD LTD	$7,367,000	-4.8%	177,900	-11.3%	0.76%	-4.4%
ATVI	Buy	ACTIVISION BLIZZARD INC	$7,313,000	+101.6%	94,500	+148.7%	0.75%	+102.2%
GOLD	Sell	BARRICK GOLD CORP	$7,298,000	-27.3%	406,600	-16.2%	0.75%	-27.0%
FDX	Buy	FEDEX CORP	$7,237,000	-24.2%	33,000	+3.1%	0.74%	-23.9%
BIP	Sell	BROOKFIELD INFRAST PARTNERSlp int unit	$6,949,000	-1.8%	124,300	-2.4%	0.72%	-1.4%
NXPI	New	NXP SEMICONDUCTORS N V	$6,660,000	–	34,000	–	0.68%	–
EMR	Buy	EMERSON ELEC CO	$6,406,000	+25.6%	68,000	+28.3%	0.66%	+26.0%
ARRY	Buy	ARRAY TECHNOLOGIES INC	$5,926,000	+22.5%	320,000	+3.2%	0.61%	+23.0%
	New	LIGHTSPEED COMMERCE INC	$5,602,000	–	58,400	–	0.58%	–
PLUG	Buy	PLUG POWER INC	$5,491,000	-19.7%	215,000	+7.5%	0.56%	-19.4%
HDB	Buy	HDFC BANK LTDsponsored ads	$5,447,000	+16.6%	74,530	+16.8%	0.56%	+16.9%
OCSL	Buy	OAKTREE SPECIALTY LENDING CO	$5,436,000	+28.9%	770,000	+22.2%	0.56%	+29.4%
EVA	Sell	ENVIVA PARTNERS LP	$5,409,000	-6.2%	100,000	-9.1%	0.56%	-5.9%
XYL	Sell	XYLEM INC	$5,318,000	-37.7%	43,000	-39.6%	0.55%	-37.6%
AQUA	Sell	EVOQUA WATER TECHNOLOGIES CO	$5,258,000	-7.9%	140,000	-17.2%	0.54%	-7.5%
FCX	Buy	FREEPORT-MCMORAN INCcl b	$5,205,000	+27.5%	160,000	+45.5%	0.54%	+28.0%
BEP	Sell	BROOKFIELD RENEWABLE PARTNERpartnership unit	$4,959,000	-51.4%	135,000	-48.9%	0.51%	-51.3%
ITRI	Buy	ITRON INC	$4,538,000	-9.2%	60,000	+20.0%	0.47%	-8.8%
BBDC	Buy	BARINGS BDC INC	$4,386,000	+36.0%	398,000	+30.5%	0.45%	+36.3%
RUN	Sell	SUNRUN INC	$4,268,000	-29.8%	97,000	-11.0%	0.44%	-29.5%
AMRC	Sell	AMERESCO INCcl a	$4,090,000	-31.4%	70,000	-26.3%	0.42%	-31.1%
TPIC	Buy	TPI COMPOSITES INC	$4,050,000	-24.0%	120,000	+9.1%	0.42%	-23.6%
BLDP	Sell	BALLARD PWR SYS INC NEW	$3,907,000	-27.0%	280,000	-5.1%	0.40%	-26.8%
STEM	Buy	STEM INC	$3,584,000	+231.9%	150,000	+400.0%	0.37%	+232.4%
CHPT	Buy	CHARGEPOINT HOLDINGS INC	$3,298,000	-29.7%	165,000	+22.2%	0.34%	-29.5%
COLD	Sell	AMERICOLD RLTY TR	$2,789,000	-29.9%	96,000	-8.6%	0.29%	-29.7%
PLD	New	PROLOGIS INC.	$2,383,000	–	19,000	–	0.24%	–
QCOM	Sell	QUALCOMM INC	$1,341,000	-88.3%	10,400	-87.1%	0.14%	-88.3%
JNK	Sell	SPDR SER TRbloomberg brclys	$766,000	-93.7%	7,000	-93.7%	0.08%	-93.7%
NOC	New	NORTHROP GRUMMAN CORP	$720,000	–	2,000	–	0.07%	–
LW	Sell	LAMB WESTON HLDGS INC	$701,000	-49.8%	11,426	-33.9%	0.07%	-49.7%
KMB	Sell	KIMBERLY-CLARK CORP	$604,000	-47.0%	4,562	-46.4%	0.06%	-47.0%
HSIC	Sell	HENRY SCHEIN INC	$578,000	-36.7%	7,590	-38.3%	0.06%	-37.2%
INVH	Sell	INVITATION HOMES INC	$498,000	-21.5%	13,000	-23.5%	0.05%	-21.5%
AMH	Sell	AMERICAN HOMES 4 RENTcl a	$496,000	-29.1%	13,000	-27.8%	0.05%	-29.2%
GIS	Sell	GENERAL MLS INC	$482,000	-47.4%	8,053	-46.4%	0.05%	-46.8%
INGR	Sell	INGREDION INC	$480,000	-47.4%	5,393	-46.4%	0.05%	-47.3%
MMM	Sell	3M CO	$465,000	-40.0%	2,648	-32.0%	0.05%	-39.2%
CAG	Sell	CONAGRA BRANDS INC	$430,000	-50.2%	12,689	-46.4%	0.04%	-50.0%
LOGI	New	LOGITECH INTL S A	$216,000	–	2,415	–	0.02%	–
CLX	New	CLOROX CO DEL	$203,000	–	1,225	–	0.02%	–
PH	Exit	PARKER-HANNIFIN CORP	$0	–	-1,216	–	-0.04%	–
BBU	Exit	BROOKFIELD BUSINESS PARTNERSunit ltd l p	$0	–	-68,000	–	-0.32%	–
STIP	Exit	ISHARES TR0-5 yr tips etf	$0	–	-47,000	–	-0.51%	–
TIP	Exit	ISHARES TIPS BOND ETFtips bd etf	$0	–	-40,000	–	-0.52%	–
QSR	Exit	RESTAURANT BRANDS INTL INC	$0	–	-85,000	–	-0.56%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-459,800	–	-0.93%	–

Q2 2021

			Value		Shares		↓ Weighting
RY	New	ROYAL BK CDA	$32,768,000	–	323,090	–	3.36%	–
TD	New	TORONTO DOMINION BK ONT	$31,260,000	–	445,600	–	3.20%	–
WMT	New	WALMART INC	$21,012,000	–	149,000	–	2.15%	–
MSFT	New	MICROSOFT CORP	$20,932,000	–	77,255	–	2.15%	–
CM	New	CANADIAN IMP BK COMM	$20,751,000	–	182,100	–	2.13%	–
ENB	New	ENBRIDGE INC	$20,705,000	–	516,500	–	2.12%	–
BNS	New	BANK NOVA SCOTIA B C	$20,118,000	–	309,000	–	2.06%	–
V	New	VISA INC	$19,502,000	–	83,385	–	2.00%	–
PEP	New	PEPSICO INC	$17,929,000	–	121,000	–	1.84%	–
SU	New	SUNCOR ENERGY INC NEW	$17,110,000	–	713,600	–	1.75%	–
GOOGL	New	ALPHABET INCcap stk cl a	$16,604,000	–	6,800	–	1.70%	–
BAM	New	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$16,445,000	–	322,000	–	1.69%	–
CNQ	New	CANADIAN NAT RES LTD	$16,400,000	–	451,300	–	1.68%	–
MS	New	MORGAN STANLEY	$16,321,000	–	178,000	–	1.67%	–
CP	New	CANADIAN PAC RY LTD	$15,549,000	–	202,000	–	1.59%	–
NEE	New	NEXTERA ENERGY INC	$15,219,000	–	207,664	–	1.56%	–
ARCC	New	ARES CAPITAL CORP	$14,633,000	–	746,277	–	1.50%	–
WM	New	WASTE MGMT INC DEL	$13,997,000	–	99,900	–	1.44%	–
COST	New	COSTCO WHSL CORP NEW	$13,848,000	–	35,000	–	1.42%	–
C	New	CITIGROUP INC	$13,372,000	–	189,000	–	1.37%	–
BSX	New	BOSTON SCIENTIFIC CORP	$13,281,000	–	310,600	–	1.36%	–
JPM	New	JPMORGAN CHASE & CO	$13,143,000	–	84,500	–	1.35%	–
UNP	New	UNION PAC CORP	$13,086,000	–	59,500	–	1.34%	–
CNI	New	CANADIAN NATL RY CO	$13,055,000	–	123,600	–	1.34%	–
UNH	New	UNITEDHEALTH GROUP INC	$12,814,000	–	32,000	–	1.31%	–
AAPL	New	APPLE INC	$12,532,000	–	91,500	–	1.28%	–
JNK	New	SPDR SER TRbloomberg brclys	$12,216,000	–	111,000	–	1.25%	–
DLTR	New	DOLLAR TREE INC	$11,841,000	–	119,000	–	1.21%	–
BGRN	New	ISHARES GLOBAL GREEN BOND ETFgbl green etf	$11,769,000	–	215,000	–	1.21%	–
MRK	New	MERCK & CO INC	$11,670,000	–	150,041	–	1.20%	–
AMZN	New	AMAZON COM INC	$11,610,000	–	3,374	–	1.19%	–
QCOM	New	QUALCOMM INC	$11,492,000	–	80,400	–	1.18%	–
ACN	New	ACCENTURE PLC IRELAND	$11,202,000	–	38,000	–	1.15%	–
FNV	New	FRANCO NEV CORP	$11,113,000	–	76,500	–	1.14%	–
PFE	New	PFIZER INC	$11,084,000	–	283,018	–	1.14%	–
SJR	New	SHAW COMMUNICATIONS INCcl b conv	$10,802,000	–	372,500	–	1.11%	–
STX	New	SEAGATE TECHNOLOGY HLDNGS PL	$10,323,000	–	117,400	–	1.06%	–
TJX	New	TJX COS INC NEW	$10,315,000	–	153,000	–	1.06%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$10,260,000	–	20,332	–	1.05%	–
BEP	New	BROOKFIELD RENEWABLE PARTNERpartnership unit	$10,210,000	–	264,050	–	1.05%	–
LOW	New	LOWES COS INC	$10,086,000	–	52,000	–	1.03%	–
GOLD	New	BARRICK GOLD CORP	$10,042,000	–	485,000	–	1.03%	–
TFII	New	TFI INTL INC	$9,898,000	–	108,300	–	1.02%	–
FDX	New	FEDEX CORP	$9,547,000	–	32,000	–	0.98%	–
MDT	New	MEDTRONIC PLC	$9,513,000	–	76,636	–	0.98%	–
EA	New	ELECTRONIC ARTS INC	$9,349,000	–	65,000	–	0.96%	–
TRP	New	TC ENERGY CORP	$9,068,000	–	183,070	–	0.93%	–
MFC	New	MANULIFE FINL CORP	$9,060,000	–	459,800	–	0.93%	–
T	New	AT&T INC	$8,951,000	–	311,000	–	0.92%	–
CCK	New	CROWN HLDGS INC	$8,892,000	–	87,000	–	0.91%	–
TXN	New	TEXAS INSTRS INC	$8,846,000	–	46,000	–	0.91%	–
DE	New	DEERE & CO	$8,818,000	–	25,000	–	0.90%	–
GRPU	New	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$8,726,000	–	131,000	–	0.90%	–
XYL	New	XYLEM INC	$8,541,000	–	71,200	–	0.88%	–
BLK	New	BLACKROCK INC	$8,487,000	–	9,700	–	0.87%	–
VLO	New	VALERO ENERGY CORP	$8,198,000	–	105,000	–	0.84%	–
APTV	New	APTIV PLC	$8,102,000	–	51,500	–	0.83%	–
WFG	New	WEST FRASER TIMBER CO LTD	$7,808,000	–	108,650	–	0.80%	–
KL	New	KIRKLAND LAKE GOLD LTD	$7,735,000	–	200,500	–	0.79%	–
PGR	New	PROGRESSIVE CORP	$7,562,000	–	77,000	–	0.78%	–
BIP	New	BROOKFIELD INFRAST PARTNERSlp int unit	$7,075,000	–	127,300	–	0.72%	–
PLUG	New	PLUG POWER INC	$6,838,000	–	200,000	–	0.70%	–
APD	New	AIR PRODS & CHEMS INC	$6,329,000	–	22,000	–	0.65%	–
RUN	New	SUNRUN INC	$6,080,000	–	109,000	–	0.62%	–
AMRC	New	AMERESCO INCcl a	$5,958,000	–	95,000	–	0.61%	–
EVA	New	ENVIVA PARTNERS LP	$5,765,000	–	110,000	–	0.59%	–
AQUA	New	EVOQUA WATER TECHNOLOGIES CO	$5,709,000	–	169,000	–	0.58%	–
TIXT	New	TELUS INTL CDA INC	$5,522,000	–	177,600	–	0.57%	–
QSR	New	RESTAURANT BRANDS INTL INC	$5,482,000	–	85,000	–	0.56%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$5,447,000	–	97,000	–	0.56%	–
BLDP	New	BALLARD PWR SYS INC NEW	$5,351,000	–	295,000	–	0.55%	–
NEP	New	NEXTERA ENERGY PARTNERS LP	$5,345,000	–	70,000	–	0.55%	–
TPIC	New	TPI COMPOSITES INC	$5,326,000	–	110,000	–	0.55%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$5,240,000	–	34,000	–	0.54%	–
TIP	New	ISHARES TIPS BOND ETFtips bd etf	$5,125,000	–	40,000	–	0.52%	–
EMR	New	EMERSON ELEC CO	$5,101,000	–	53,000	–	0.52%	–
STIP	New	ISHARES TR0-5 yr tips etf	$5,001,000	–	47,000	–	0.51%	–
ITRI	New	ITRON INC	$4,999,000	–	50,000	–	0.51%	–
ORA	New	ORMAT TECHNOLOGIES INC	$4,867,000	–	70,000	–	0.50%	–
BEEM	New	BEAM GLOBAL	$4,846,000	–	126,500	–	0.50%	–
ARRY	New	ARRAY TECHNOLOGIES INC	$4,836,000	–	310,000	–	0.50%	–
CHPT	New	CHARGEPOINT HOLDINGS INC	$4,690,000	–	135,000	–	0.48%	–
HDB	New	HDFC BANK LTDsponsored ads	$4,672,000	–	63,833	–	0.48%	–
GOOG	New	ALPHABET INCcap stk cl c	$4,387,000	–	1,749	–	0.45%	–
OCSL	New	OAKTREE SPECIALTY LENDING CO	$4,218,000	–	630,000	–	0.43%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$4,082,000	–	110,000	–	0.42%	–
COLD	New	AMERICOLD RLTY TR	$3,978,000	–	105,000	–	0.41%	–
ATVI	New	ACTIVISION BLIZZARD INC	$3,627,000	–	38,000	–	0.37%	–
HD	New	HOME DEPOT INC	$3,470,000	–	10,872	–	0.36%	–
BBDC	New	BARINGS BDC INC	$3,224,000	–	305,000	–	0.33%	–
BBU	New	BROOKFIELD BUSINESS PARTNERSunit ltd l p	$3,147,000	–	68,000	–	0.32%	–
NTR	New	NUTRIEN LTD	$3,154,000	–	52,000	–	0.32%	–
TSCO	New	TRACTOR SUPPLY CO	$2,791,000	–	15,000	–	0.29%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$2,662,000	–	22,132	–	0.27%	–
JPHY	New	J P MORGAN EXCHANGE-TRADED Fhigh yld resrch	$2,618,000	–	50,000	–	0.27%	–
SPGI	New	S&P GLOBAL INC	$2,025,000	–	4,929	–	0.21%	–
AMT	New	AMERICAN TOWER CORP NEW	$1,949,000	–	7,210	–	0.20%	–
FRC	New	FIRST REP BK SAN FRANCISCO C	$1,938,000	–	10,347	–	0.20%	–
PG	New	PROCTER AND GAMBLE CO	$1,789,000	–	13,250	–	0.18%	–
ECL	New	ECOLAB INC	$1,703,000	–	8,262	–	0.18%	–
TU	New	TELUS CORPORATION	$1,572,000	–	70,000	–	0.16%	–
LW	New	LAMB WESTON HLDGS INC	$1,396,000	–	17,298	–	0.14%	–
FISV	New	FISERV INC	$1,200,000	–	11,212	–	0.12%	–
KMB	New	KIMBERLY-CLARK CORP	$1,140,000	–	8,517	–	0.12%	–
STEM	New	STEM INC	$1,080,000	–	30,000	–	0.11%	–
HSIC	New	HENRY SCHEIN INC	$913,000	–	12,300	–	0.09%	–
GIS	New	GENERAL MLS INC	$917,000	–	15,034	–	0.09%	–
INGR	New	INGREDION INC	$912,000	–	10,068	–	0.09%	–
CAG	New	CONAGRA BRANDS INC	$863,000	–	23,690	–	0.09%	–
EXR	New	EXTRA SPACE STORAGE INC	$820,000	–	5,000	–	0.08%	–
MMM	New	3M CO	$775,000	–	3,896	–	0.08%	–
AMH	New	AMERICAN HOMES 4 RENTcl a	$700,000	–	18,000	–	0.07%	–
INVH	New	INVITATION HOMES INC	$634,000	–	17,000	–	0.06%	–
PH	New	PARKER-HANNIFIN CORP	$374,000	–	1,216	–	0.04%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$248,000	–	2,137	–	0.02%	–

Q4 2020

			Value		Shares		↓ Weighting
MOGO	Exit	MOGO INC	$0	–	-147,341	–	-0.03%	–
FCRD	Exit	FIRST EAGLE ALTR CAP BDC INC	$0	–	-150,000	–	-0.05%	–
LOGI	Exit	LOGITECH INTL S A	$0	–	-4,857	–	-0.05%	–
CLX	Exit	CLOROX CO DEL	$0	–	-3,100	–	-0.09%	–
PLUG	Exit	PLUG POWER INC	$0	–	-60,000	–	-0.12%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-17,000	–	-0.14%	–
RUN	Exit	SUNRUN INC	$0	–	-13,000	–	-0.14%	–
HRL	Exit	HORMEL FOODS CORP	$0	–	-24,536	–	-0.17%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-3,487	–	-0.18%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO C	$0	–	-11,832	–	-0.18%	–
BLDP	Exit	BALLARD PWR SYS INC NEW	$0	–	-86,000	–	-0.18%	–
PH	Exit	PARKER-HANNIFIN CORP	$0	–	-6,600	–	-0.19%	–
GNTX	Exit	GENTEX CORP	$0	–	-57,300	–	-0.21%	–
KO	Exit	COCA COLA CO	$0	–	-31,231	–	-0.22%	–
CVE	Exit	CENOVUS ENERGY INC	$0	–	-410,000	–	-0.23%	–
NEP	Exit	NEXTERA ENERGY PARTNERS LP	$0	–	-27,000	–	-0.23%	–
ITRI	Exit	ITRON INC	$0	–	-27,000	–	-0.23%	–
ORA	Exit	ORMAT TECHNOLOGIES INC	$0	–	-28,000	–	-0.24%	–
AMRC	Exit	AMERESCO INCcl a	$0	–	-50,000	–	-0.24%	–
AQUA	Exit	EVOQUA WATER TECHNOLOGIES CO	$0	–	-80,000	–	-0.24%	–
INGR	Exit	INGREDION INC	$0	–	-23,911	–	-0.26%	–
CSL	Exit	CARLISLE COS INC	$0	–	-15,000	–	-0.26%	–
AWK	Exit	AMERICAN WTR WKS CO INC NEW	$0	–	-13,000	–	-0.27%	–
ECL	Exit	ECOLAB INC	$0	–	-9,471	–	-0.27%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-45,000	–	-0.27%	–
EVA	Exit	ENVIVA PARTNERS LP	$0	–	-48,000	–	-0.28%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-68,000	–	-0.28%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-8,307	–	-0.29%	–
GRPU	Exit	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$0	–	-35,000	–	-0.29%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-57,264	–	-0.29%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-25,288	–	-0.29%	–
ARCC	Exit	ARES CAPITAL CORP	$0	–	-150,000	–	-0.30%	–
BBU	Exit	BROOKFIELD BUSINESS PARTNERSunit ltd lp	$0	–	-70,000	–	-0.30%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-5,000	–	-0.38%	–
LW	Exit	LAMB WESTON HLDGS INC	$0	–	-41,011	–	-0.39%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-1,992	–	-0.42%	–
GIS	Exit	GENERAL MLS INC	$0	–	-47,900	–	-0.42%	–
OTEX	Exit	OPEN TEXT CORP	$0	–	-74,700	–	-0.45%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-23,100	–	-0.49%	–
HD	Exit	HOME DEPOT INC	$0	–	-12,383	–	-0.49%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-74,433	–	-0.53%	–
JNK	Exit	SPDR SER TRbloomberg brclys	$0	–	-40,000	–	-0.59%	–
OSK	Exit	OSHKOSH CORP	$0	–	-60,000	–	-0.63%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-52,200	–	-0.64%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-225,300	–	-0.65%	–
XYL	Exit	XYLEM INC	$0	–	-54,500	–	-0.65%	–
MEOH	Exit	METHANEX CORP	$0	–	-190,000	–	-0.66%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-21,000	–	-0.68%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-390,600	–	-0.68%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-38,600	–	-0.72%	–
SSRM	Exit	SSR MNG INC	$0	–	-281,000	–	-0.75%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-80,000	–	-0.75%	–
CAKE	Exit	CHEESECAKE FACTORY INC	$0	–	-190,000	–	-0.75%	–
CNQ	Exit	CANADIAN NAT RES LTD	$0	–	-338,300	–	-0.77%	–
BA	Exit	BOEING CO	$0	–	-33,100	–	-0.78%	–
BLK	Exit	BLACKROCK INC	$0	–	-10,000	–	-0.80%	–
FDX	Exit	FEDEX CORP	$0	–	-22,500	–	-0.81%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-120,000	–	-0.84%	–
SLF	Exit	SUN LIFE FINANCIAL INC.	$0	–	-146,600	–	-0.85%	–
APTV	Exit	APTIV PLC	$0	–	-65,400	–	-0.85%	–
KL	Exit	KIRKLAND LAKE GOLD LTD	$0	–	-128,000	–	-0.89%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-4,300	–	-0.90%	–
BGRN	Exit	ISHARES GLOBAL GREEN BOND ETFgbl green etf	$0	–	-120,000	–	-0.95%	–
PGR	Exit	PROGRESSIVE CORP	$0	–	-70,600	–	-0.95%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-65,136	–	-0.96%	–
TRP	Exit	TC ENERGY CORP	$0	–	-162,070	–	-0.97%	–
PFE	Exit	PFIZER INC	$0	–	-187,500	–	-0.98%	–
TJX	Exit	TJX COS INC NEW	$0	–	-125,000	–	-0.99%	–
LOW	Exit	LOWES COS INC	$0	–	-42,000	–	-0.99%	–
TSCO	Exit	TRACTOR SUPPLY CO	$0	–	-49,500	–	-1.01%	–
QSR	Exit	RESTAURANT BRANDS INTL INC	$0	–	-124,000	–	-1.01%	–
MTB	Exit	M & T BK CORP	$0	–	-77,500	–	-1.02%	–
BIP	Exit	BROOKFIELD INFRAST PARTNERSlp int unit	$0	–	-157,000	–	-1.07%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-85,000	–	-1.11%	–
AMZN	Exit	AMAZON COM INC	$0	–	-2,536	–	-1.14%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-26,000	–	-1.16%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-84,500	–	-1.16%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-213,000	–	-1.16%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-176,000	–	-1.16%	–
UNP	Exit	UNION PAC CORP	$0	–	-41,500	–	-1.16%	–
TU	Exit	TELUS CORPORATION	$0	–	-491,000	–	-1.23%	–
DE	Exit	DEERE & CO	$0	–	-39,000	–	-1.23%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-24,500	–	-1.24%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-19,896	–	-1.25%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-64,091	–	-1.27%	–
AAPL	Exit	APPLE INC	$0	–	-77,000	–	-1.27%	–
SJR	Exit	SHAW COMMUNICATIONS INCcl b conv	$0	–	-492,000	–	-1.28%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-322,000	–	-1.29%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-80,000	–	-1.29%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-184,000	–	-1.29%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-673,300	–	-1.33%	–
MRK	Exit	MERCK & CO. INC	$0	–	-113,100	–	-1.34%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-34,035	–	-1.34%	–
BEP	Exit	BROOKFIELD RENEWABLE PARTNERpartnership unit	$0	–	-183,000	–	-1.37%	–
WMT	Exit	WALMART INC	$0	–	-79,300	–	-1.58%	–
CNI	Exit	CANADIAN NATL RY CO	$0	–	-108,600	–	-1.65%	–
BAM	Exit	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$0	–	-354,500	–	-1.67%	–
FNV	Exit	FRANCO NEV CORP	$0	–	-84,500	–	-1.68%	–
VLO	Exit	VALERO ENERGY CORP	$0	–	-275,000	–	-1.70%	–
C	Exit	CITIGROUP INC	$0	–	-305,000	–	-1.87%	–
CP	Exit	CANADIAN PAC RY LTD	$0	–	-43,600	–	-1.89%	–
CM	Exit	CANADIAN IMP BK COMM	$0	–	-184,600	–	-1.96%	–
BNS	Exit	BANK NOVA SCOTIA B C	$0	–	-345,500	–	-2.04%	–
V	Exit	VISA INC	$0	–	-72,218	–	-2.06%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-147,400	–	-2.10%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-73,963	–	-2.22%	–
ENB	Exit	ENBRIDGE INC	$0	–	-554,500	–	-2.31%	–
PEP	Exit	PEPSICO INC	$0	–	-129,000	–	-2.55%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-310,000	–	-2.63%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-518,600	–	-3.42%	–
RY	Exit	ROYAL BK CDA	$0	–	-349,290	–	-3.49%	–

Q3 2020

			Value		Shares		↓ Weighting
RY	Buy	ROYAL BK CDA	$24,517,000	+12.3%	349,290	+8.5%	3.49%	+15.6%
TD	Buy	TORONTO DOMINION BK ONT	$24,004,000	+36.3%	518,600	+31.4%	3.42%	+40.2%
VZ	Sell	VERIZON COMMUNICATIONS INC	$18,442,000	+6.2%	310,000	-1.6%	2.63%	+9.3%
PEP	Buy	PEPSICO INC	$17,879,000	+19.6%	129,000	+14.2%	2.55%	+23.1%
ENB	Sell	ENBRIDGE INC	$16,194,000	-17.5%	554,500	-14.1%	2.31%	-15.1%
MSFT	Sell	MICROSOFT CORP	$15,556,000	-21.3%	73,963	-23.9%	2.22%	-19.0%
AXP	Buy	AMERICAN EXPRESS CO	$14,777,000	+22.8%	147,400	+16.6%	2.10%	+26.4%
V	Buy	VISA INC	$14,442,000	+13.8%	72,218	+10.0%	2.06%	+17.1%
CM	Buy	CANADIAN IMP BK COMM	$13,794,000	+78.5%	184,600	+59.7%	1.96%	+83.6%
CP	Sell	CANADIAN PAC RY LTD	$13,259,000	+10.9%	43,600	-7.2%	1.89%	+14.1%
C	Buy	CITIGROUP INC	$13,149,000	-2.9%	305,000	+15.1%	1.87%	-0.1%
VLO	Buy	VALERO ENERGY CORP	$11,913,000	-10.0%	275,000	+22.2%	1.70%	-7.4%
FNV	Sell	FRANCO NEV CORP	$11,804,000	-5.6%	84,500	-5.6%	1.68%	-2.9%
WMT	Sell	WALMART INC	$11,095,000	+6.1%	79,300	-9.2%	1.58%	+9.1%
BEP	Buy	BROOKFIELD RENEWABLE PARTNERpartnership unit	$9,617,000	+312.0%	183,000	+275.4%	1.37%	+324.1%
NEE	Buy	NEXTERA ENERGY INC	$9,446,000	+20.1%	34,035	+4.0%	1.34%	+23.6%
MRK	Sell	MERCK & CO. INC	$9,381,000	+1.4%	113,100	-5.4%	1.34%	+4.4%
STX	Buy	SEAGATE TECHNOLOGY PLC	$9,066,000	+71.8%	184,000	+68.8%	1.29%	+76.6%
GOLD	Buy	BARRICK GOLD CORP	$9,041,000	+20.0%	322,000	+15.0%	1.29%	+23.5%
SJR	Sell	SHAW COMMUNICATIONS INCcl b conv	$8,976,000	-9.3%	492,000	-18.9%	1.28%	-6.6%
AAPL	Buy	APPLE INC	$8,917,000	+22.2%	77,000	+285.0%	1.27%	+25.7%
PG	Sell	PROCTER AND GAMBLE CO	$8,908,000	-26.5%	64,091	-36.7%	1.27%	-24.3%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$8,784,000	+18.6%	19,896	-2.6%	1.25%	+22.0%
COST	Sell	COSTCO WHSL CORP NEW	$8,698,000	-4.4%	24,500	-18.3%	1.24%	-1.6%
DE	Sell	DEERE & CO	$8,644,000	-50.0%	39,000	-64.5%	1.23%	-48.6%
UNP	Sell	UNION PAC CORP	$8,170,000	-52.4%	41,500	-59.1%	1.16%	-51.0%
CMCSA	Sell	COMCAST CORP NEWcl a	$8,142,000	-38.1%	176,000	-47.9%	1.16%	-36.3%
JPM	Buy	JPMORGAN CHASE & CO	$8,135,000	+24.4%	84,500	+21.6%	1.16%	+28.1%
BSX	Buy	BOSTON SCIENTIFIC CORP	$8,139,000	+55.6%	213,000	+43.0%	1.16%	+60.1%
AMZN	Sell	AMAZON COM INC	$7,985,000	-20.5%	2,536	-30.3%	1.14%	-18.3%
DLTR	Sell	DOLLAR TREE INC	$7,764,000	-54.7%	85,000	-54.1%	1.11%	-53.4%
BIP	Buy	BROOKFIELD INFRAST PARTNERSlp int unit	$7,484,000	+28.1%	157,000	+10.6%	1.07%	+31.8%
MTB	Sell	M & T BK CORP	$7,137,000	-19.7%	77,500	-9.4%	1.02%	-17.4%
QSR	Buy	RESTAURANT BRANDS INTL INC	$7,120,000	+65.6%	124,000	+57.0%	1.01%	+70.4%
TSCO	Sell	TRACTOR SUPPLY CO	$7,095,000	-6.4%	49,500	-13.9%	1.01%	-3.6%
LOW	Sell	LOWES COS INC	$6,966,000	-50.3%	42,000	-59.5%	0.99%	-48.9%
TJX	Buy	TJX COS INC NEW	$6,956,000	+19.6%	125,000	+8.7%	0.99%	+23.1%
PFE	Sell	PFIZER INC	$6,882,000	+8.2%	187,500	-3.6%	0.98%	+11.2%
TRP	Sell	TC ENERGY CORP	$6,802,000	-25.3%	162,070	-23.9%	0.97%	-23.1%
MDT	Sell	MEDTRONIC PLC	$6,769,000	+4.5%	65,136	-7.8%	0.96%	+7.5%
PGR	Sell	PROGRESSIVE CORP	$6,684,000	-7.3%	70,600	-21.6%	0.95%	-4.6%
BGRN	Buy	ISHARES GLOBAL GREEN BOND ETFgbl green etf	$6,671,000	+43.4%	120,000	+41.2%	0.95%	+47.5%
GOOGL	Sell	ALPHABET INCcap stk cl a	$6,302,000	-17.7%	4,300	-20.4%	0.90%	-15.3%
KL	Sell	KIRKLAND LAKE GOLD LTD	$6,246,000	-26.7%	128,000	-38.2%	0.89%	-24.6%
APTV	Buy	APTIV PLC	$5,996,000	+47.7%	65,400	+25.5%	0.85%	+52.0%
FDX	Sell	FEDEX CORP	$5,659,000	-6.4%	22,500	-47.8%	0.81%	-3.7%
BLK	Buy	BLACKROCK INC	$5,636,000	+107.2%	10,000	+100.0%	0.80%	+113.0%
CNQ	Sell	CANADIAN NAT RES LTD	$5,420,000	-17.4%	338,300	-10.6%	0.77%	-15.0%
SSRM	New	SSR MNG INC	$5,243,000	–	281,000	–	0.75%	–
EA	Buy	ELECTRONIC ARTS INC	$5,034,000	+105.0%	38,600	+107.5%	0.72%	+110.9%
ACN	Sell	ACCENTURE PLC IRELAND	$4,746,000	-30.1%	21,000	-33.5%	0.68%	-28.0%
XYL	Sell	XYLEM INC	$4,585,000	+22.8%	54,500	-5.2%	0.65%	+26.3%
SBUX	Sell	STARBUCKS CORP	$4,485,000	-21.1%	52,200	-32.4%	0.64%	-18.7%
JNK	New	SPDR SER TRbloomberg brclys	$4,171,000	–	40,000	–	0.59%	–
HDB	Sell	HDFC BANK LTDsponsored ads	$3,719,000	-10.7%	74,433	-18.8%	0.53%	-8.1%
HD	Sell	HOME DEPOT INC	$3,439,000	+1.4%	12,383	-8.5%	0.49%	+4.5%
OTEX	Sell	OPEN TEXT CORP	$3,156,000	-12.2%	74,700	-11.8%	0.45%	-9.6%
GOOG	Sell	ALPHABET INCcap stk cl c	$2,927,000	-4.3%	1,992	-8.0%	0.42%	-1.7%
LW	Buy	LAMB WESTON HLDGS INC	$2,718,000	+22.8%	41,011	+18.4%	0.39%	+26.5%
NVDA	Sell	NVIDIA CORPORATION	$2,706,000	-49.1%	5,000	-64.3%	0.38%	-47.7%
ARCC	Sell	ARES CAPITAL CORP	$2,093,000	-49.7%	150,000	-48.0%	0.30%	-48.3%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$2,050,000	+2.3%	25,288	-28.3%	0.29%	+5.4%
CAG	Sell	CONAGRA BRANDS INC	$2,045,000	-28.9%	57,264	-30.0%	0.29%	-26.9%
GRPU	New	GRANITE REAL ESTATE INVT TRunit 99/99/9999	$2,031,000	–	35,000	–	0.29%	–
AMT	Sell	AMERICAN TOWER CORP NEW	$2,008,000	-14.8%	8,307	-8.8%	0.29%	-12.3%
TPIC	Buy	TPI COMPOSITES INC	$1,969,000	+87.2%	68,000	+51.1%	0.28%	+91.8%
EVA	Buy	ENVIVA PARTNERS LP	$1,932,000	+53.2%	48,000	+37.1%	0.28%	+57.1%
HASI	Buy	HANNON ARMSTRONG SUST INFR C	$1,902,000	+59.2%	45,000	+7.1%	0.27%	+64.2%
ECL	Sell	ECOLAB INC	$1,893,000	-9.6%	9,471	-10.0%	0.27%	-6.9%
AWK	Buy	AMERICAN WTR WKS CO INC NEW	$1,883,000	+54.1%	13,000	+36.8%	0.27%	+58.6%
INGR	Buy	INGREDION INC	$1,810,000	+109.7%	23,911	+129.9%	0.26%	+116.8%
AQUA	Buy	EVOQUA WATER TECHNOLOGIES CO	$1,698,000	+70.7%	80,000	+49.5%	0.24%	+75.4%
AMRC	Buy	AMERESCO INCcl a	$1,670,000	+54.2%	50,000	+28.2%	0.24%	+58.7%
ORA	New	ORMAT TECHNOLOGIES INC	$1,655,000	–	28,000	–	0.24%	–
ITRI	Buy	ITRON INC	$1,640,000	+90.5%	27,000	+107.7%	0.23%	+96.6%
NEP	Buy	NEXTERA ENERGY PARTNERS LP	$1,619,000	+70.6%	27,000	+45.9%	0.23%	+76.3%
KO	Sell	COCA COLA CO	$1,542,000	+3.4%	31,231	-6.4%	0.22%	+6.8%
BLDP	New	BALLARD PWR SYS INC NEW	$1,299,000	–	86,000	–	0.18%	–
FRC	Sell	FIRST REP BK SAN FRANCISCO C	$1,290,000	-3.7%	11,832	-6.4%	0.18%	-1.1%
SPGI	New	S&P GLOBAL INC	$1,257,000	–	3,487	–	0.18%	–
HRL	Sell	HORMEL FOODS CORP	$1,200,000	-11.2%	24,536	-12.4%	0.17%	-8.6%
RUN	New	SUNRUN INC	$1,002,000	–	13,000	–	0.14%	–
PLUG	New	PLUG POWER INC	$805,000	–	60,000	–	0.12%	–
CLX	Sell	CLOROX CO DEL	$652,000	-58.2%	3,100	-56.3%	0.09%	-56.9%
LOGI	New	LOGITECH INTL S A	$378,000	–	4,857	–	0.05%	–
FCRD	New	FIRST EAGLE ALTR CAP BDC INC	$372,000	–	150,000	–	0.05%	–
TAP	Exit	MOLSON COORS BEVERAGE COcl b	$0	–	-7,200	–	-0.03%	–
TCRD	Exit	THL CREDIT INC	$0	–	-150,000	–	-0.07%	–
BIPC	Exit	BROOKFIELD INFRASTRUCTURE CO	$0	–	-14,665	–	-0.09%	–
MSCI	Exit	MSCI INC	$0	–	-3,862	–	-0.18%	–
LB	Exit	L BRANDS INC	$0	–	-115,000	–	-0.24%	–
BPY	Exit	BROOKFIELD PROPERTY PARTRS Lunit ltd partn	$0	–	-174,000	–	-0.24%	–
EOG	Exit	EOG RES INC	$0	–	-37,000	–	-0.26%	–
MGA	Exit	MAGNA INTL INC	$0	–	-43,000	–	-0.26%	–
GIL	Exit	GILDAN ACTIVEWEAR INC	$0	–	-164,500	–	-0.35%	–
DAL	Exit	DELTA AIR LINES INC DEL	$0	–	-95,000	–	-0.37%	–
ROK	Exit	ROCKWELL AUTOMATION INC	$0	–	-25,000	–	-0.74%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-60,000	–	-1.06%	–
DIS	Exit	DISNEY WALT CO	$0	–	-85,000	–	-1.31%	–

Q2 2020

			Value		Shares		↓ Weighting
RY	New	ROYAL BK CDA	$21,831,000	–	321,790	–	3.02%	–
MSFT	New	MICROSOFT CORP	$19,770,000	–	97,144	–	2.74%	–
ENB	New	ENBRIDGE INC	$19,626,000	–	645,500	–	2.72%	–
TD	New	TORONTO DOMINION BK ONT	$17,610,000	–	394,600	–	2.44%	–
VZ	New	VERIZON COMMUNICATIONS INC	$17,366,000	–	315,000	–	2.40%	–
DE	New	DEERE & CO	$17,287,000	–	110,000	–	2.39%	–
UNP	New	UNION PAC CORP	$17,161,000	–	101,500	–	2.38%	–
DLTR	New	DOLLAR TREE INC	$17,146,000	–	185,000	–	2.37%	–
PEP	New	PEPSICO INC	$14,945,000	–	113,000	–	2.07%	–
BNS	New	BANK NOVA SCOTIA B C	$14,296,000	–	345,500	–	1.98%	–
LOW	New	LOWES COS INC	$14,012,000	–	103,700	–	1.94%	–
C	New	CITIGROUP INC	$13,542,000	–	265,000	–	1.88%	–
VLO	New	VALERO ENERGY CORP	$13,235,000	–	225,000	–	1.83%	–
CMCSA	New	COMCAST CORP NEWcl a	$13,164,000	–	337,700	–	1.82%	–
V	New	VISA INC	$12,687,000	–	65,676	–	1.76%	–
FNV	New	FRANCO NEV CORP	$12,502,000	–	89,500	–	1.73%	–
PG	New	PROCTER AND GAMBLE CO	$12,114,000	–	101,313	–	1.68%	–
AXP	New	AMERICAN EXPRESS CO	$12,033,000	–	126,400	–	1.67%	–
CP	New	CANADIAN PAC RY LTD	$11,954,000	–	47,000	–	1.66%	–
BAM	New	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$11,666,000	–	354,500	–	1.62%	–
WMT	New	WALMART INC	$10,457,000	–	87,300	–	1.45%	–
AMZN	New	AMAZON COM INC	$10,045,000	–	3,641	–	1.39%	–
SJR	New	SHAW COMMUNICATIONS INCcl b conv	$9,898,000	–	607,000	–	1.37%	–
CNI	New	CANADIAN NATL RY CO	$9,607,000	–	108,600	–	1.33%	–
DIS	New	DISNEY WALT CO	$9,478,000	–	85,000	–	1.31%	–
MRK	New	MERCK & CO. INC	$9,249,000	–	119,600	–	1.28%	–
MFC	New	MANULIFE FINL CORP	$9,159,000	–	673,300	–	1.27%	–
TRP	New	TC ENERGY CORP	$9,102,000	–	213,070	–	1.26%	–
COST	New	COSTCO WHSL CORP NEW	$9,096,000	–	30,000	–	1.26%	–
MTB	New	M & T BK CORP	$8,889,000	–	85,500	–	1.23%	–
KL	New	KIRKLAND LAKE GOLD LTD	$8,523,000	–	207,000	–	1.18%	–
WM	New	WASTE MGMT INC DEL	$8,473,000	–	80,000	–	1.17%	–
TU	New	TELUS CORPORATION	$8,235,000	–	491,000	–	1.14%	–
NEE	New	NEXTERA ENERGY INC	$7,863,000	–	32,740	–	1.09%	–
CM	New	CANADIAN IMP BK COMM	$7,726,000	–	115,600	–	1.07%	–
UNH	New	UNITEDHEALTH GROUP INC	$7,669,000	–	26,000	–	1.06%	–
GOOGL	New	ALPHABET INCcap stk cl a	$7,657,000	–	5,400	–	1.06%	–
TXN	New	TEXAS INSTRS INC	$7,618,000	–	60,000	–	1.06%	–
TSCO	New	TRACTOR SUPPLY CO	$7,578,000	–	57,500	–	1.05%	–
GOLD	New	BARRICK GOLD CORPORATION	$7,534,000	–	280,000	–	1.04%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$7,404,000	–	20,435	–	1.02%	–
AAPL	New	APPLE INC	$7,296,000	–	20,000	–	1.01%	–
PGR	New	PROGRESSIVE CORP OHIO	$7,210,000	–	90,000	–	1.00%	–
ACN	New	ACCENTURE PLC IRELAND	$6,785,000	–	31,600	–	0.94%	–
SU	New	SUNCOR ENERGY INC NEW	$6,585,000	–	390,600	–	0.91%	–
CNQ	New	CANADIAN NAT RES LTD	$6,562,000	–	378,300	–	0.91%	–
JPM	New	JPMORGAN CHASE & CO	$6,537,000	–	69,500	–	0.90%	–
MDT	New	MEDTRONIC PLC	$6,477,000	–	70,636	–	0.90%	–
PFE	New	PFIZER INC	$6,361,000	–	194,500	–	0.88%	–
BA	New	BOEING CO	$6,067,000	–	33,100	–	0.84%	–
FDX	New	FEDEX CORP	$6,043,000	–	43,100	–	0.84%	–
BIP	New	BROOKFIELD INFRAST PARTNERSlp int unit	$5,843,000	–	142,000	–	0.81%	–
TJX	New	TJX COS INC NEW	$5,814,000	–	115,000	–	0.80%	–
SBUX	New	STARBUCKS CORP	$5,681,000	–	77,200	–	0.79%	–
SLF	New	SUN LIFE FINANCIAL INC.	$5,387,000	–	146,600	–	0.75%	–
ROK	New	ROCKWELL AUTOMATION INC	$5,325,000	–	25,000	–	0.74%	–
NVDA	New	NVIDIA CORPORATION	$5,319,000	–	14,000	–	0.74%	–
STX	New	SEAGATE TECHNOLOGY PLC	$5,277,000	–	109,000	–	0.73%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$5,277,000	–	120,000	–	0.73%	–
BSX	New	BOSTON SCIENTIFIC CORP	$5,231,000	–	149,000	–	0.72%	–
EMR	New	EMERSON ELEC CO	$4,962,000	–	80,000	–	0.69%	–
BEN	New	FRANKLIN RESOURCES INC	$4,725,000	–	225,300	–	0.65%	–
BGRN	New	ISHARES GLOBAL GREEN BOND ETFgbl green etf	$4,652,000	–	85,000	–	0.64%	–
CAKE	New	CHEESECAKE FACTORY INC	$4,355,000	–	190,000	–	0.60%	–
QSR	New	RESTAURANT BRANDS INTL INC	$4,299,000	–	79,000	–	0.60%	–
OSK	New	OSHKOSH CORP	$4,297,000	–	60,000	–	0.60%	–
HDB	New	HDFC BANK LTDsponsored ads	$4,166,000	–	91,641	–	0.58%	–
ARCC	New	ARES CAPITAL CORP	$4,164,000	–	288,193	–	0.58%	–
APTV	New	APTIV PLC	$4,060,000	–	52,100	–	0.56%	–
XYL	New	XYLEM INC	$3,735,000	–	57,500	–	0.52%	–
OTEX	New	OPEN TEXT CORP	$3,596,000	–	84,700	–	0.50%	–
MEOH	New	METHANEX CORP	$3,429,000	–	190,000	–	0.48%	–
HD	New	HOME DEPOT INC	$3,390,000	–	13,531	–	0.47%	–
KMB	New	KIMBERLY CLARK CORP	$3,265,000	–	23,100	–	0.45%	–
GOOG	New	ALPHABET INCcap stk cl c	$3,060,000	–	2,165	–	0.42%	–
GIS	New	GENERAL MLS INC	$2,953,000	–	47,900	–	0.41%	–
CAG	New	CONAGRA BRANDS INC	$2,877,000	–	81,800	–	0.40%	–
BLK	New	BLACKROCK INC	$2,720,000	–	5,000	–	0.38%	–
DAL	New	DELTA AIR LINES INC DEL	$2,665,000	–	95,000	–	0.37%	–
GIL	New	GILDAN ACTIVEWEAR INC	$2,548,000	–	164,500	–	0.35%	–
EA	New	ELECTRONIC ARTS INC	$2,456,000	–	18,600	–	0.34%	–
AMT	New	AMERICAN TOWER CORP NEW	$2,356,000	–	9,113	–	0.33%	–
BEP	New	BROOKFIELD RENEWABLE PARTNERpartnership unit	$2,334,000	–	48,750	–	0.32%	–
LW	New	LAMB WESTON HLDGS INC	$2,214,000	–	34,633	–	0.31%	–
BBU	New	BROOKFIELD BUSINESS PARTNERSunit ltd lp	$2,155,000	–	70,000	–	0.30%	–
ECL	New	ECOLAB INC	$2,094,000	–	10,527	–	0.29%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$2,003,000	–	35,289	–	0.28%	–
CVE	New	CENOVUS ENERGY INC	$1,918,000	–	410,000	–	0.27%	–
MGA	New	MAGNA INTL INC	$1,915,000	–	43,000	–	0.26%	–
EOG	New	EOG RES INC	$1,874,000	–	37,000	–	0.26%	–
CSL	New	CARLISLE COS INC	$1,795,000	–	15,000	–	0.25%	–
BPY	New	BROOKFIELD PROPERTY PARTRS Lunit ltd partn	$1,724,000	–	174,000	–	0.24%	–
LB	New	L BRANDS INC	$1,722,000	–	115,000	–	0.24%	–
CLX	New	CLOROX CO DEL	$1,558,000	–	7,100	–	0.22%	–
KO	New	COCA COLA CO	$1,491,000	–	33,367	–	0.21%	–
GNTX	New	GENTEX CORP	$1,477,000	–	57,300	–	0.20%	–
HRL	New	HORMEL FOODS CORP	$1,352,000	–	28,000	–	0.19%	–
FRC	New	FIRST REP BK SAN FRANCISCO C	$1,340,000	–	12,641	–	0.19%	–
MSCI	New	MSCI INC	$1,289,000	–	3,862	–	0.18%	–
EVA	New	ENVIVA PARTNERS LP	$1,261,000	–	35,000	–	0.18%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$1,222,000	–	9,500	–	0.17%	–
PH	New	PARKER HANNIFIN CORP	$1,210,000	–	6,600	–	0.17%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$1,195,000	–	42,000	–	0.16%	–
AMRC	New	AMERESCO INCcl a	$1,083,000	–	39,000	–	0.15%	–
TPIC	New	TPI COMPOSITES INC	$1,052,000	–	45,000	–	0.15%	–
AQUA	New	EVOQUA WATER TECHNOLOGIES CO	$995,000	–	53,500	–	0.14%	–
NEP	New	NEXTERA ENERGY PARTNERS LP	$949,000	–	18,500	–	0.13%	–
MDLZ	New	MONDELEZ INTL INCcl a	$869,000	–	17,000	–	0.12%	–
INGR	New	INGREDION INC	$863,000	–	10,400	–	0.12%	–
ITRI	New	ITRON INC	$861,000	–	13,000	–	0.12%	–
BIPC	New	BROOKFIELD INFRASTRUCTURE CO	$668,000	–	14,665	–	0.09%	–
TCRD	New	THL CREDIT INC	$486,000	–	150,000	–	0.07%	–
TAP	New	MOLSON COORS BEVERAGE COcl b	$247,000	–	7,200	–	0.03%	–
MOGO	New	MOGO INC	$141,000	–	147,341	–	0.02%	–

Q4 2019

			Value		Shares		↓ Weighting
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-1,537	–	-0.04%	–
MOGO	Exit	MOGO INC	$0	–	-147,341	–	-0.11%	–
TSCO	Exit	TRACTOR SUPPLY CO	$0	–	-10,200	–	-0.14%	–
MSCI	Exit	MSCI INC	$0	–	-3,862	–	-0.18%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-18,200	–	-0.21%	–
TCRD	Exit	THL CREDIT INC	$0	–	-150,000	–	-0.21%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO C	$0	–	-12,641	–	-0.25%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-24,689	–	-0.26%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-20,447	–	-0.30%	–
CLX	Exit	CLOROX CO DEL	$0	–	-10,300	–	-0.32%	–
GIL	Exit	GILDAN ACTIVEWEAR INC	$0	–	-44,500	–	-0.33%	–
SYF	Exit	SYNCHRONY FINL	$0	–	-70,000	–	-0.37%	–
BLK	Exit	BLACKROCK INC	$0	–	-5,500	–	-0.38%	–
LW	Exit	LAMB WESTON HLDGS INC	$0	–	-28,833	–	-0.44%	–
CCL	Exit	CARNIVAL CORPunit 99/99/9999	$0	–	-64,000	–	-0.44%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-20,907	–	-0.44%	–
KO	Exit	COCA COLA CO	$0	–	-36,492	–	-0.48%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-74,700	–	-0.48%	–
ROK	Exit	ROCKWELL AUTOMATION INC	$0	–	-20,000	–	-0.52%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-2,165	–	-0.55%	–
TECK	Exit	TECK RESOURCES LTDcl b	$0	–	-164,000	–	-0.55%	–
ECL	Exit	ECOLAB INC	$0	–	-18,603	–	-0.59%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-60,000	–	-0.63%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-54,000	–	-0.65%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-226,000	–	-0.66%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-79,000	–	-0.67%	–
OSK	Exit	OSHKOSH CORP	$0	–	-57,500	–	-0.68%	–
GIS	Exit	GENERAL MLS INC	$0	–	-59,700	–	-0.68%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-24,500	–	-0.72%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-24,000	–	-0.75%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-22,000	–	-0.75%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-8,800	–	-0.76%	–
STN	Exit	STANTEC INC	$0	–	-165,000	–	-0.76%	–
EOG	Exit	EOG RES INC	$0	–	-67,000	–	-0.78%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-124,000	–	-0.79%	–
VMC	Exit	VULCAN MATLS CO	$0	–	-35,000	–	-0.83%	–
THO	Exit	THOR INDS INC	$0	–	-95,000	–	-0.84%	–
DLPH	Exit	DELPHI TECHNOLOGIES PLC	$0	–	-407,000	–	-0.85%	–
PLAY	Exit	DAVE & BUSTERS ENTMT INC	$0	–	-140,000	–	-0.85%	–
NVDA	Exit	NVIDIA CORP	$0	–	-32,000	–	-0.87%	–
ADBE	Exit	ADOBE INC	$0	–	-20,200	–	-0.87%	–
MGA	Exit	MAGNA INTL INC	$0	–	-85,000	–	-0.94%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-80,456	–	-0.95%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-50,700	–	-0.96%	–
XYL	Exit	XYLEM INC	$0	–	-79,000	–	-0.98%	–
LB	Exit	L BRANDS INC	$0	–	-325,000	–	-1.00%	–
CCI	Exit	CROWN CASTLE INTL CORP NEW	$0	–	-46,000	–	-1.00%	–
NEP	Exit	NEXTERA ENERGY PARTNERS LP	$0	–	-121,000	–	-1.00%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-187,000	–	-1.02%	–
ARCC	Exit	ARES CAP CORP	$0	–	-265,444	–	-1.03%	–
FNV	Exit	FRANCO NEVADA CORP	$0	–	-56,500	–	-1.07%	–
BIP	Exit	BROOKFIELD INFRAST PARTNERSlp int unit	$0	–	-106,000	–	-1.09%	–
FDX	Exit	FEDEX CORP	$0	–	-48,000	–	-1.10%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-157,000	–	-1.11%	–
BEN	Exit	FRANKLIN RES INC	$0	–	-255,500	–	-1.16%	–
NTR	Exit	NUTRIEN LTD	$0	–	-112,000	–	-1.16%	–
PEP	Exit	PEPSICO INC	$0	–	-55,000	–	-1.18%	–
PFE	Exit	PFIZER INC	$0	–	-198,900	–	-1.19%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-27,000	–	-1.22%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-77,636	–	-1.32%	–
HRL	Exit	HORMEL FOODS CORP	$0	–	-181,500	–	-1.33%	–
HD	Exit	HOME DEPOT INC	$0	–	-32,531	–	-1.34%	–
SJR	Exit	SHAW COMMUNICATIONS INCcl b conv	$0	–	-338,000	–	-1.38%	–
CAKE	Exit	CHEESECAKE FACTORY INC	$0	–	-215,000	–	-1.40%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-39,000	–	-1.42%	–
SLF	Exit	SUN LIFE FINL INC	$0	–	-156,600	–	-1.45%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-95,000	–	-1.46%	–
C	Exit	CITIGROUP INC	$0	–	-135,000	–	-1.46%	–
BAM	Exit	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$0	–	-133,000	–	-1.47%	–
MRK	Exit	MERCK & CO INC	$0	–	-103,800	–	-1.50%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-396,300	–	-1.51%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-83,000	–	-1.53%	–
BPY	Exit	BROOKFIELD PROPERTY PARTRS Lunit ltd partn	$0	–	-364,000	–	-1.53%	–
MTB	Exit	M & T BK CORP	$0	–	-62,000	–	-1.53%	–
TAP	Exit	MOLSON COORS BREWING COcl b	$0	–	-173,000	–	-1.56%	–
CM	Exit	CDN IMPERIAL BK COMM TORONTO	$0	–	-95,600	–	-1.64%	–
TRP	Exit	TC ENERGY CORP	$0	–	-168,070	–	-1.81%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-46,337	–	-1.87%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-145,000	–	-1.94%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-10,400	–	-1.99%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-102,063	–	-1.99%	–
CNI	Exit	CANADIAN NATL RY CO	$0	–	-108,600	–	-2.02%	–
MEOH	Exit	METHANEX CORP	$0	–	-275,000	–	-2.02%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-370,600	–	-2.43%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-107,144	–	-2.44%	–
CNQ	Exit	CANADIAN NAT RES LTD	$0	–	-453,800	–	-2.51%	–
ENB	Exit	ENBRIDGE INC	$0	–	-386,500	–	-2.82%	–
V	Exit	VISA INC	$0	–	-109,056	–	-3.04%	–
RY	Exit	ROYAL BK CDA MONTREAL QUE	$0	–	-205,790	–	-3.46%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-304,600	–	-3.69%	–

Q3 2019

			Value		Shares		↓ Weighting
V	Buy	VISA INC	$19,413,000	+22.8%	109,056	+33.6%	3.04%	+15.9%
ENB	Buy	ENBRIDGE INC	$17,972,000	+5.4%	386,500	+6.9%	2.82%	-0.5%
CNQ	Sell	CANADIAN NAT RES LTD	$15,996,000	-6.8%	453,800	-6.6%	2.51%	-11.9%
SU	Sell	SUNCOR ENERGY INC NEW	$15,487,000	-7.7%	370,600	-9.7%	2.43%	-12.8%
MEOH	Buy	METHANEX CORP	$12,928,000	+11.5%	275,000	+41.0%	2.02%	+5.3%
PG	Buy	PROCTER & GAMBLE CO	$12,702,000	+25.7%	102,063	+16.2%	1.99%	+18.8%
GOOGL	Sell	ALPHABET INCcap stk cl a	$12,700,000	+8.6%	10,400	-3.7%	1.99%	+2.6%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$11,920,000	+22.8%	46,337	+52.2%	1.87%	+16.0%
TAP	Buy	MOLSON COORS BREWING COcl b	$9,948,000	+36.6%	173,000	+33.1%	1.56%	+29.1%
MTB	Buy	M & T BK CORP	$9,794,000	-2.4%	62,000	+5.1%	1.53%	-7.8%
BPY	Buy	BROOKFIELD PROPERTY PARTRS Lunit ltd partn	$9,788,000	+16.7%	364,000	+7.4%	1.53%	+10.2%
JPM	Buy	JPMORGAN CHASE & CO	$9,768,000	+7.9%	83,000	+2.5%	1.53%	+1.9%
MFC	Sell	MANULIFE FINL CORP	$9,630,000	-5.1%	396,300	-7.0%	1.51%	-10.3%
MRK	Buy	MERCK & CO INC	$9,580,000	+23.8%	103,800	+27.2%	1.50%	+16.9%
SLF	Sell	SUN LIFE FINL INC	$9,277,000	-14.7%	156,600	-21.9%	1.45%	-19.5%
NEE	Buy	NEXTERA ENERGY INC	$9,087,000	+23.2%	39,000	+8.3%	1.42%	+16.4%
CAKE	Buy	CHEESECAKE FACTORY INC	$8,961,000	+7.9%	215,000	+13.2%	1.40%	+1.9%
SJR	Buy	SHAW COMMUNICATIONS INCcl b conv	$8,798,000	+6.9%	338,000	+9.7%	1.38%	+1.0%
HD	Sell	HOME DEPOT INC	$8,568,000	-11.8%	32,531	-23.5%	1.34%	-16.7%
HRL	Buy	HORMEL FOODS CORP	$8,513,000	+24.2%	181,500	+16.6%	1.33%	+17.3%
MDT	Sell	MEDTRONIC PLC	$8,433,000	+4.8%	77,636	-6.1%	1.32%	-1.0%
COST	Buy	COSTCO WHSL CORP NEW	$7,779,000	+13.2%	27,000	+3.8%	1.22%	+6.9%
PFE	Buy	PFIZER INC	$7,624,000	+20.1%	198,900	+48.5%	1.19%	+13.4%
PEP	New	PEPSICO INC	$7,541,000	–	55,000	–	1.18%	–
NTR	Sell	NUTRIEN LTD	$7,392,000	-9.8%	112,000	-4.3%	1.16%	-14.8%
BEN	Buy	FRANKLIN RES INC	$7,374,000	-3.9%	255,500	+15.9%	1.16%	-9.3%
BIP	Buy	BROOKFIELD INFRAST PARTNERSlp int unit	$6,954,000	+63.0%	106,000	+39.5%	1.09%	+53.8%
FNV	New	FRANCO NEVADA CORP	$6,821,000	–	56,500	–	1.07%	–
ARCC	Buy	ARES CAP CORP	$6,554,000	+7.5%	265,444	+2.3%	1.03%	+1.6%
WPM	Buy	WHEATON PRECIOUS METALS CORP	$6,496,000	+28.2%	187,000	+16.9%	1.02%	+21.2%
NEP	Buy	NEXTERA ENERGY PARTNERS LP	$6,394,000	+33.8%	121,000	+22.2%	1.00%	+26.5%
CCI	Buy	CROWN CASTLE INTL CORP NEW	$6,394,000	+53.3%	46,000	+43.8%	1.00%	+44.8%
XYL	Buy	XYLEM INC	$6,290,000	+12.2%	79,000	+17.9%	0.98%	+6.0%
WM	Sell	WASTE MGMT INC DEL	$6,156,000	-3.8%	50,700	-3.1%	0.96%	-9.2%
HDB	Buy	HDFC BANK LTDsponsored ads	$6,082,000	-11.2%	80,456	+100.0%	0.95%	-16.1%
MGA	Sell	MAGNA INTL INC	$6,003,000	-12.3%	85,000	-19.0%	0.94%	-17.2%
ADBE	Buy	ADOBE INC	$5,580,000	+10.1%	20,200	+17.4%	0.87%	+3.9%
NVDA	Buy	NVIDIA CORP	$5,570,000	+9.4%	32,000	+3.2%	0.87%	+3.4%
PLAY	Buy	DAVE & BUSTERS ENTMT INC	$5,453,000	+107.3%	140,000	+115.4%	0.85%	+95.9%
VMC	Buy	VULCAN MATLS CO	$5,293,000	+20.5%	35,000	+9.4%	0.83%	+13.7%
EOG	Buy	EOG RES INC	$4,973,000	-8.0%	67,000	+15.5%	0.78%	-13.1%
SHW	Buy	SHERWIN WILLIAMS CO	$4,839,000	+35.4%	8,800	+12.8%	0.76%	+27.8%
STN	New	STANTEC INC	$4,838,000	–	165,000	–	0.76%	–
UNH	Buy	UNITEDHEALTH GROUP INC	$4,781,000	+40.0%	22,000	+57.1%	0.75%	+32.1%
EL	Sell	LAUDER ESTEE COS INCcl a	$4,775,000	-3.4%	24,000	-11.1%	0.75%	-8.8%
KMB	Buy	KIMBERLY CLARK CORP	$4,611,000	+9.6%	24,500	+1.7%	0.72%	+3.4%
OSK	New	OSHKOSH CORP	$4,359,000	–	57,500	–	0.68%	–
GIS	Sell	GENERAL MLS INC	$4,360,000	-5.1%	59,700	-10.6%	0.68%	-10.4%
STX	Buy	SEAGATE TECHNOLOGY PLC	$4,249,000	+84.0%	79,000	+61.2%	0.67%	+73.9%
NWL	Buy	NEWELL BRANDS INC	$4,231,000	+52.4%	226,000	+25.6%	0.66%	+44.1%
PGR	New	PROGRESSIVE CORP OHIO	$4,172,000	–	54,000	–	0.65%	–
ECL	Buy	ECOLAB INC	$3,743,000	+9.1%	18,603	+40.2%	0.59%	+3.0%
CAG	Buy	CONAGRA BRANDS INC	$3,037,000	+32.9%	74,700	+13.5%	0.48%	+25.6%
KO	Buy	COCA COLA CO	$3,034,000	+36.4%	36,492	+9.4%	0.48%	+28.7%
AMT	Buy	AMERICAN TOWER CORP NEW	$2,800,000	+14.8%	20,907	+129.4%	0.44%	+8.4%
CCL	Sell	CARNIVAL CORPunit 99/99/9999	$2,797,000	-33.2%	64,000	-28.9%	0.44%	-37.0%
LW	Buy	LAMB WESTON HLDGS INC	$2,778,000	+96.6%	28,833	+69.3%	0.44%	+85.9%
BLK	Sell	BLACKROCK INC	$2,451,000	-66.3%	5,500	-64.5%	0.38%	-68.2%
GIL	New	GILDAN ACTIVEWEAR INC	$2,092,000	–	44,500	–	0.33%	–
CLX	Sell	CLOROX CO DEL	$2,073,000	-3.4%	10,300	-3.7%	0.32%	-8.7%
TCRD	Buy	THL CREDIT INC	$1,351,000	+210.6%	150,000	+200.0%	0.21%	+194.4%
MDLZ	Sell	MONDELEZ INTL INCcl a	$1,334,000	-2.6%	18,200	-6.2%	0.21%	-7.9%
TSCO	New	TRACTOR SUPPLY CO	$922,000	–	10,200	–	0.14%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-64,000	–	-0.48%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-46,375	–	-0.58%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-132,000	–	-0.58%	–
AER	Exit	AERCAP HOLDINGS NV	$0	–	-79,000	–	-0.68%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-28,000	–	-0.86%	–
DE	Exit	DEERE & CO	$0	–	-39,600	–	-1.09%	–

Q2 2019

			Value		Shares		↓ Weighting
TD	New	TORONTO DOMINION BK ONT	$23,308,000	–	304,600	–	3.87%	–
RY	New	ROYAL BK CDA MONTREAL QUE	$21,417,000	–	205,790	–	3.55%	–
CNQ	New	CANADIAN NAT RES LTD	$17,154,000	–	485,800	–	2.84%	–
ENB	New	ENBRIDGE INC	$17,059,000	–	361,500	–	2.83%	–
SU	New	SUNCOR ENERGY INC NEW	$16,773,000	–	410,600	–	2.78%	–
V	New	VISA INC	$15,814,000	–	81,634	–	2.62%	–
MSFT	New	MICROSOFT CORP	$14,983,000	–	107,144	–	2.48%	–
CNI	New	CANADIAN NATL RY CO	$13,162,000	–	108,600	–	2.18%	–
VLO	New	VALERO ENERGY CORP NEW	$12,413,000	–	145,000	–	2.06%	–
GOOGL	New	ALPHABET INCcap stk cl a	$11,694,000	–	10,800	–	1.94%	–
MEOH	New	METHANEX CORP	$11,593,000	–	195,000	–	1.92%	–
TRP	New	TC ENERGY CORP	$10,911,000	–	168,070	–	1.81%	–
SLF	New	SUN LIFE FINL INC	$10,879,000	–	200,600	–	1.80%	–
MFC	New	MANULIFE FINL CORP	$10,146,000	–	426,300	–	1.68%	–
PG	New	PROCTER AND GAMBLE CO	$10,101,000	–	87,839	–	1.68%	–
MTB	New	M & T BK CORP	$10,034,000	–	59,000	–	1.66%	–
CM	New	CDN IMPERIAL BK COMM TORONTO	$9,845,000	–	95,600	–	1.63%	–
HD	New	HOME DEPOT INC	$9,716,000	–	42,531	–	1.61%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$9,705,000	–	30,435	–	1.61%	–
EA	New	ELECTRONIC ARTS INC	$9,620,000	–	95,000	–	1.60%	–
C	New	CITIGROUP INC	$9,454,000	–	135,000	–	1.57%	–
JPM	New	JPMORGAN CHASE & CO	$9,056,000	–	81,000	–	1.50%	–
LB	New	L BRANDS INC	$8,483,000	–	325,000	–	1.41%	–
BPY	New	BROOKFIELD PROPERTY PARTRS Lunit ltd partn	$8,387,000	–	339,000	–	1.39%	–
BAM	New	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$8,332,000	–	133,000	–	1.38%	–
CAKE	New	CHEESECAKE FACTORY INC	$8,307,000	–	190,000	–	1.38%	–
SJR	New	SHAW COMMUNICATIONS INCcl b conv	$8,230,000	–	308,000	–	1.36%	–
NTR	New	NUTRIEN LTD	$8,196,000	–	117,000	–	1.36%	–
DLPH	New	DELPHI TECHNOLOGIES PLC	$8,140,000	–	407,000	–	1.35%	–
MDT	New	MEDTRONIC PLC	$8,048,000	–	82,636	–	1.34%	–
FDX	New	FEDEX CORP	$7,881,000	–	48,000	–	1.31%	–
MRK	New	MERCK & CO INC	$7,740,000	–	81,600	–	1.28%	–
BEN	New	FRANKLIN RES INC	$7,673,000	–	220,500	–	1.27%	–
NEE	New	NEXTERA ENERGY INC	$7,375,000	–	36,000	–	1.22%	–
TAP	New	MOLSON COORS BREWING COcl b	$7,280,000	–	130,000	–	1.21%	–
BLK	New	BLACKROCK INC	$7,274,000	–	15,500	–	1.21%	–
COST	New	COSTCO WHSL CORP NEW	$6,871,000	–	26,000	–	1.14%	–
HRL	New	HORMEL FOODS CORP	$6,855,000	–	155,600	–	1.14%	–
HDB	New	HDFC BANK LTDsponsored ads	$6,851,000	–	40,228	–	1.14%	–
MGA	New	MAGNA INTL INC	$6,842,000	–	105,000	–	1.14%	–
CMCSA	New	COMCAST CORP NEWcl a	$6,638,000	–	157,000	–	1.10%	–
DE	New	DEERE & CO	$6,562,000	–	39,600	–	1.09%	–
WM	New	WASTE MGMT INC DEL	$6,402,000	–	52,300	–	1.06%	–
PFE	New	PFIZER INC	$6,349,000	–	133,900	–	1.05%	–
ARCC	New	ARES CAP CORP	$6,094,000	–	259,372	–	1.01%	–
XYL	New	XYLEM INC	$5,604,000	–	67,000	–	0.93%	–
THO	New	THOR INDS INC	$5,553,000	–	95,000	–	0.92%	–
EOG	New	EOG RES INC	$5,403,000	–	58,000	–	0.90%	–
BSX	New	BOSTON SCIENTIFIC CORP	$5,330,000	–	124,000	–	0.88%	–
ACN	New	ACCENTURE PLC IRELAND	$5,174,000	–	28,000	–	0.86%	–
NVDA	New	NVIDIA CORP	$5,091,000	–	31,000	–	0.84%	–
ADBE	New	ADOBE INC	$5,068,000	–	17,200	–	0.84%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$5,067,000	–	160,000	–	0.84%	–
TECK	New	TECK RESOURCES LTDcl b	$4,956,000	–	164,000	–	0.82%	–
EL	New	LAUDER ESTEE COS INCcl a	$4,944,000	–	27,000	–	0.82%	–
NEP	New	NEXTERA ENERGY PARTNERS LP	$4,777,000	–	99,000	–	0.79%	–
GIS	New	GENERAL MLS INC	$4,595,000	–	66,800	–	0.76%	–
VMC	New	VULCAN MATLS CO	$4,394,000	–	32,000	–	0.73%	–
BIP	New	BROOKFIELD INFRAST PARTNERSlp int unit	$4,266,000	–	76,000	–	0.71%	–
KMB	New	KIMBERLY CLARK CORP	$4,206,000	–	24,100	–	0.70%	–
CCL	New	CARNIVAL CORPunit 99/99/9999	$4,190,000	–	90,000	–	0.70%	–
CCI	New	CROWN CASTLE INTL CORP NEW	$4,171,000	–	32,000	–	0.69%	–
AER	New	AERCAP HOLDINGS NV	$4,109,000	–	79,000	–	0.68%	–
EMR	New	EMERSON ELEC CO	$4,003,000	–	60,000	–	0.66%	–
SHW	New	SHERWIN WILLIAMS CO	$3,575,000	–	7,800	–	0.59%	–
DD	New	DUPONT DE NEMOURS INC	$3,481,000	–	46,375	–	0.58%	–
WY	New	WEYERHAEUSER CO	$3,477,000	–	132,000	–	0.58%	–
ECL	New	ECOLAB INC	$3,431,000	–	13,269	–	0.57%	–
UNH	New	UNITEDHEALTH GROUP INC	$3,416,000	–	14,000	–	0.57%	–
ROK	New	ROCKWELL AUTOMATION INC	$3,277,000	–	20,000	–	0.54%	–
GOOG	New	ALPHABET INCcap stk cl c	$3,065,000	–	2,165	–	0.51%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$2,902,000	–	64,000	–	0.48%	–
NWL	New	NEWELL BRANDS INC	$2,776,000	–	180,000	–	0.46%	–
PLAY	New	DAVE & BUSTERS ENTMT INC	$2,631,000	–	65,000	–	0.44%	–
AMT	New	AMERICAN TOWER CORP NEW	$2,440,000	–	9,113	–	0.40%	–
SYF	New	SYNCHRONY FINL	$2,427,000	–	70,000	–	0.40%	–
STX	New	SEAGATE TECHNOLOGY PLC	$2,309,000	–	49,000	–	0.38%	–
CAG	New	CONAGRA BRANDS INC	$2,285,000	–	65,800	–	0.38%	–
KO	New	COCA COLA CO	$2,225,000	–	33,367	–	0.37%	–
CLX	New	CLOROX CO DEL	$2,145,000	–	10,700	–	0.36%	–
XOM	New	EXXON MOBIL CORP	$2,052,000	–	20,447	–	0.34%	–
FRC	New	FIRST REP BK SAN FRANCISCO C	$1,617,000	–	12,641	–	0.27%	–
WFC	New	WELLS FARGO CO NEW	$1,530,000	–	24,689	–	0.25%	–
LW	New	LAMB WESTON HLDGS INC	$1,413,000	–	17,033	–	0.23%	–
MDLZ	New	MONDELEZ INTL INCcl a	$1,369,000	–	19,400	–	0.23%	–
MSCI	New	MSCI INC	$1,208,000	–	3,862	–	0.20%	–
MOGO	New	MOGO INC	$663,000	–	147,341	–	0.11%	–
TCRD	New	THL CREDIT INC	$435,000	–	50,000	–	0.07%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$233,000	–	1,537	–	0.04%	–

Q4 2018

			Value		Shares		↓ Weighting
MOGO	Exit	MOGO FIN TECHNOLOGY INC	$0	–	-147,341	–	-0.10%	–
LW	Exit	LAMB WESTON HLDGS INC	$0	–	-10,333	–	-0.15%	–
COT	Exit	COTT CORP QUE	$0	–	-50,000	–	-0.18%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-22,000	–	-0.21%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO C	$0	–	-12,641	–	-0.27%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-18,000	–	-0.32%	–
TAP	Exit	MOLSON COORS BREWING COcl b	$0	–	-30,000	–	-0.32%	–
STN	Exit	STANTEC INC	$0	–	-58,000	–	-0.32%	–
BLK	Exit	BLACKROCK INC	$0	–	-4,000	–	-0.32%	–
KO	Exit	COCA COLA CO	$0	–	-33,367	–	-0.34%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-20,447	–	-0.39%	–
HCA	Exit	HCA HEALTHCARE INC	$0	–	-17,000	–	-0.41%	–
WRK	Exit	WESTROCK CO	$0	–	-45,000	–	-0.41%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-11,510	–	-0.42%	–
APTV	Exit	APTIV PLC	$0	–	-30,800	–	-0.44%	–
ECL	Exit	ECOLAB INC	$0	–	-13,269	–	-0.46%	–
BERY	Exit	BERRY GLOBAL GROUP INC	$0	–	-56,100	–	-0.47%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-1,861	–	-0.49%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-65,800	–	-0.50%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-90,000	–	-0.50%	–
CAKE	Exit	CHEESECAKE FACTORY INC	$0	–	-55,000	–	-0.51%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-153,000	–	-0.53%	–
BA	Exit	BOEING CO	$0	–	-8,500	–	-0.54%	–
HPQ	Exit	HP INC	$0	–	-129,800	–	-0.58%	–
HRL	Exit	HORMEL FOODS CORP	$0	–	-65,900	–	-0.58%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-24,000	–	-0.60%	–
XYL	Exit	XYLEM INC	$0	–	-45,000	–	-0.62%	–
NVDA	Exit	NVIDIA CORP	$0	–	-13,000	–	-0.63%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-8,300	–	-0.65%	–
VMC	Exit	VULCAN MATLS CO	$0	–	-35,000	–	-0.67%	–
AMZN	Exit	AMAZON COM INC	$0	–	-1,507	–	-0.67%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-64,000	–	-0.68%	–
GIS	Exit	GENERAL MLS INC	$0	–	-71,700	–	-0.68%	–
CLX	Exit	CLOROX CO DEL	$0	–	-20,700	–	-0.69%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-114,000	–	-0.69%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-77,000	–	-0.70%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-110,000	–	-0.73%	–
AER	Exit	AERCAP HOLDINGS NV	$0	–	-74,500	–	-0.74%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-16,000	–	-0.74%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-30,000	–	-0.76%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-54,000	–	-0.77%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-70,126	–	-0.78%	–
EOG	Exit	EOG RES INC	$0	–	-36,000	–	-0.79%	–
FDX	Exit	FEDEX CORP	$0	–	-20,000	–	-0.83%	–
HDB	Exit	HDFC BANK LTD	$0	–	-40,228	–	-0.84%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-52,300	–	-0.86%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-89,689	–	-0.88%	–
SYF	Exit	SYNCHRONY FINL	$0	–	-165,000	–	-0.88%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-22,000	–	-0.89%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-31,000	–	-0.89%	–
CCI	Exit	CROWN CASTLE INTL CORP NEW	$0	–	-47,000	–	-0.90%	–
CCL	Exit	CARNIVAL CORPunit 99/99/9999	$0	–	-83,000	–	-0.91%	–
BPY	Exit	BROOKFIELD PPTY PARTNERS L Punit ltd partn	$0	–	-198,960	–	-0.92%	–
CEF	Exit	SPROTT PHYSICAL GOLD & SILVEtr unit	$0	–	-360,000	–	-0.93%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-21,000	–	-0.96%	–
AAPL	Exit	APPLE INC	$0	–	-25,600	–	-0.99%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-35,000	–	-1.02%	–
BAC	Exit	BANK AMER CORP	$0	–	-204,000	–	-1.03%	–
UNP	Exit	UNION PAC CORP	$0	–	-37,800	–	-1.06%	–
LLL	Exit	L3 TECHNOLOGIES INC	$0	–	-29,500	–	-1.08%	–
DLPH	Exit	DELPHI TECHNOLOGIES PLC	$0	–	-202,000	–	-1.09%	–
MGA	Exit	MAGNA INTL INC	$0	–	-95,000	–	-1.11%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-65,636	–	-1.11%	–
GIL	Exit	GILDAN ACTIVEWEAR INC	$0	–	-172,000	–	-1.16%	–
SJR	Exit	SHAW COMMUNICATIONS INCcl b conv	$0	–	-273,000	–	-1.18%	–
MRK	Exit	MERCK & CO INC	$0	–	-94,400	–	-1.29%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-28,435	–	-1.30%	–
TECK	Exit	TECK RESOURCES LTDcl b	$0	–	-243,000	–	-1.30%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-87,839	–	-1.31%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-69,000	–	-1.34%	–
LB	Exit	L BRANDS INC	$0	–	-260,000	–	-1.35%	–
MTB	Exit	M & T BK CORP	$0	–	-48,000	–	-1.36%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-6,700	–	-1.39%	–
BEN	Exit	FRANKLIN RES INC	$0	–	-270,500	–	-1.41%	–
C	Exit	CITIGROUP INC	$0	–	-109,065	–	-1.42%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-72,700	–	-1.42%	–
NTR	Exit	NUTRIEN LTD	$0	–	-111,000	–	-1.42%	–
PFE	Exit	PFIZER INC	$0	–	-169,900	–	-1.43%	–
BAM	Exit	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$0	–	-147,000	–	-1.45%	–
HYG	Exit	ISHARES TRput	$0	–	-100,000	–	-1.48%	–
TRP	Exit	TRANSCANADA CORP	$0	–	-168,070	–	-1.51%	–
HD	Exit	HOME DEPOT INC	$0	–	-41,230	–	-1.60%	–
CNI	Exit	CANADIAN NATL RY CO	$0	–	-90,600	–	-1.80%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-91,960	–	-1.81%	–
ENB	Exit	ENBRIDGE INC	$0	–	-266,500	–	-1.91%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-226,600	–	-1.94%	–
CM	Exit	CDN IMPERIAL BK COMM TORONTO	$0	–	-95,600	–	-1.99%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-525,300	–	-2.08%	–
BNS	Exit	BANK N S HALIFAX	$0	–	-171,500	–	-2.27%	–
SLF	Exit	SUN LIFE FINL INC	$0	–	-259,600	–	-2.29%	–
V	Exit	VISA INC	$0	–	-85,058	–	-2.45%	–
GIM	Exit	TEMPLETON GLOBAL INCOME FD	$0	–	-1,995,000	–	-2.71%	–
CNQ	Exit	CANADIAN NAT RES LTD	$0	–	-395,800	–	-2.87%	–
RY	Exit	ROYAL BK CDA MONTREAL QUE	$0	–	-212,790	–	-3.78%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-331,600	–	-4.47%	–

Q3 2018

			Value		Shares		↓ Weighting
TD	Sell	TORONTO DOMINION BK ONT	$26,027,000	-0.5%	331,600	-3.5%	4.47%	-12.0%
CNQ	Buy	CANADIAN NAT RES LTD	$16,703,000	+21.1%	395,800	+36.1%	2.87%	+7.1%
V	Sell	VISA INC	$14,258,000	+2.0%	85,058	-8.0%	2.45%	-9.8%
SLF	Buy	SUN LIFE FINL INC	$13,330,000	+12.8%	259,600	+16.1%	2.29%	-0.2%
BNS	New	BANK N S HALIFAX	$13,204,000	–	171,500	–	2.27%	–
CM	Sell	CDN IMPERIAL BK COMM TORONTO	$11,570,000	+0.6%	95,600	-5.0%	1.99%	-11.1%
SU	Buy	SUNCOR ENERGY INC NEW	$11,325,000	+7.7%	226,600	+15.3%	1.94%	-4.8%
MSFT	Sell	MICROSOFT CORP	$10,517,000	+6.5%	91,960	-6.3%	1.81%	-5.8%
HD	Buy	HOME DEPOT INC	$9,340,000	+29.2%	41,230	+27.8%	1.60%	+14.2%
BAM	Buy	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$8,451,000	+18.3%	147,000	+9.7%	1.45%	+4.6%
PFE	Buy	PFIZER INC	$8,322,000	+46.9%	169,900	+21.1%	1.43%	+29.9%
NTR	Buy	NUTRIEN LTD	$8,278,000	+27.2%	111,000	+22.0%	1.42%	+12.5%
VLO	Buy	VALERO ENERGY CORP NEW	$8,270,000	+128.2%	72,700	+122.3%	1.42%	+101.7%
C	Sell	CITIGROUP INC	$8,265,000	-35.0%	109,065	-39.1%	1.42%	-42.5%
BEN	Buy	FRANKLIN RES INC	$8,226,000	+14.1%	270,500	+20.2%	1.41%	+0.9%
GOOGL	Buy	ALPHABET INCcap stk cl a	$8,087,000	+15.5%	6,700	+8.1%	1.39%	+2.1%
MTB	Buy	M & T BK CORP	$7,898,000	+5.5%	48,000	+9.1%	1.36%	-6.7%
PG	New	PROCTER AND GAMBLE CO	$7,647,000	–	87,839	–	1.31%	–
TECK	Buy	TECK RESOURCES LTDcl b	$7,565,000	+12.4%	243,000	+20.9%	1.30%	-0.6%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$7,541,000	+22.2%	28,435	+6.4%	1.30%	+8.1%
MRK	Buy	MERCK & CO INC	$7,492,000	+29.4%	94,400	+10.2%	1.29%	+14.5%
SJR	Buy	SHAW COMMUNICATIONS INCcl b conv	$6,871,000	+15.1%	273,000	+22.4%	1.18%	+1.7%
MDT	Buy	MEDTRONIC PLC	$6,457,000	+26.5%	65,636	+10.1%	1.11%	+11.9%
MGA	New	MAGNA INTL INC	$6,446,000	–	95,000	–	1.11%	–
DLPH	Buy	DELPHI TECHNOLOGIES PLC	$6,335,000	+248.5%	202,000	+405.0%	1.09%	+208.2%
BAC	New	BANK AMER CORP	$6,010,000	–	204,000	–	1.03%	–
AAPL	New	APPLE INC	$5,779,000	–	25,600	–	0.99%	–
CEF	Buy	SPROTT PHYSICAL GOLD & SILVEtr unit	$5,436,000	+1.4%	360,000	+10.8%	0.93%	-10.3%
BPY	Buy	BROOKFIELD PPTY PARTNERS L Punit ltd partn	$5,374,000	+79.4%	198,960	+65.8%	0.92%	+58.6%
CCL	Buy	CARNIVAL CORPunit 99/99/9999	$5,293,000	+53.9%	83,000	+38.3%	0.91%	+36.1%
NEE	Buy	NEXTERA ENERGY INC	$5,196,000	+11.1%	31,000	+10.7%	0.89%	-1.8%
COST	Buy	COSTCO WHSL CORP NEW	$5,167,000	+37.3%	22,000	+22.2%	0.89%	+21.3%
SYF	Buy	SYNCHRONY FINL	$5,128,000	+104.8%	165,000	+120.0%	0.88%	+81.3%
WFC	Buy	WELLS FARGO CO NEW	$5,092,000	+21.8%	89,689	+35.0%	0.88%	+7.8%
HDB	Sell	HDFC BANK LTD	$4,890,000	-30.0%	40,228	-20.5%	0.84%	-38.1%
FDX	New	FEDEX CORP	$4,816,000	–	20,000	–	0.83%	–
DWDP	Buy	DOWDUPONT INC	$4,510,000	+5.1%	70,126	+7.7%	0.78%	-7.1%
ATVI	New	ACTIVISION BLIZZARD INC	$4,492,000	–	54,000	–	0.77%	–
KMB	Buy	KIMBERLY CLARK CORP	$4,404,000	+34.2%	30,000	+26.6%	0.76%	+18.7%
ADBE	Sell	ADOBE SYS INC	$4,319,000	-23.0%	16,000	-30.4%	0.74%	-31.9%
AER	Sell	AERCAP HOLDINGS NV	$4,285,000	+4.0%	74,500	-1.6%	0.74%	-8.0%
BSX	Buy	BOSTON SCIENTIFIC CORP	$4,235,000	+29.5%	110,000	+10.0%	0.73%	+14.5%
AIG	New	AMERICAN INTL GROUP INC	$4,099,000	–	77,000	–	0.70%	–
CLX	Buy	CLOROX CO DEL	$4,022,000	+10.9%	20,700	+1.5%	0.69%	-1.8%
GIS	Buy	GENERAL MLS INC	$3,975,000	+48.8%	71,700	+56.2%	0.68%	+31.6%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$3,973,000	+94.0%	64,000	+73.0%	0.68%	+71.4%
AMZN	New	AMAZON COM INC	$3,899,000	–	1,507	–	0.67%	–
EL	Buy	LAUDER ESTEE COS INCcl a	$3,488,000	+35.8%	24,000	+33.3%	0.60%	+20.0%
HRL	Sell	HORMEL FOODS CORP	$3,354,000	-9.9%	65,900	-13.4%	0.58%	-20.3%
HPQ	Sell	HP INC	$3,345,000	+11.8%	129,800	-1.5%	0.58%	-1.0%
BA	New	BOEING CO	$3,161,000	–	8,500	–	0.54%	–
NWL	Buy	NEWELL BRANDS INC	$3,106,000	+3.8%	153,000	+31.9%	0.53%	-8.3%
CAKE	New	CHEESECAKE FACTORY INC	$2,945,000	–	55,000	–	0.51%	–
CAG	Buy	CONAGRA BRANDS INC	$2,887,000	+13.4%	65,800	+21.4%	0.50%	+0.4%
GOOG	Sell	ALPHABET INCcap stk cl c	$2,869,000	-8.8%	1,861	-13.2%	0.49%	-19.3%
ECL	Sell	ECOLAB INC	$2,687,000	-4.6%	13,269	-13.1%	0.46%	-15.5%
FB	Sell	FACEBOOK INCcl a	$2,445,000	-28.6%	11,510	-14.1%	0.42%	-36.8%
HCA	Sell	HCA HEALTHCARE INC	$2,365,000	-34.1%	17,000	-51.4%	0.41%	-41.8%
XOM	New	EXXON MOBIL CORP	$2,246,000	–	20,447	–	0.39%	–
KO	Sell	COCA COLA CO	$1,991,000	-10.5%	33,367	-13.5%	0.34%	-20.8%
BLK	Sell	BLACKROCK INC	$1,885,000	-39.1%	4,000	-35.5%	0.32%	-46.1%
TAP	New	MOLSON COORS BREWING COcl b	$1,845,000	–	30,000	–	0.32%	–
FRC	Sell	FIRST REP BK SAN FRANCISCO C	$1,568,000	-16.2%	12,641	-14.0%	0.27%	-25.9%
MDLZ	Buy	MONDELEZ INTL INCcl a	$1,221,000	+52.1%	22,000	+47.7%	0.21%	+34.6%
COT	Sell	COTT CORP QUE	$1,043,000	-55.9%	50,000	-54.0%	0.18%	-61.1%
LW	Buy	LAMB WESTON HLDGS INC	$889,000	+4.6%	10,333	+9.5%	0.15%	-7.3%
MOGO	New	MOGO FIN TECHNOLOGY INC	$588,000	–	147,341	–	0.10%	–
LOW	Exit	LOWES COS INC	$0	–	-20,000	–	-0.37%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-9,000	–	-0.38%	–
MHK	Exit	MOHAWK INDS INC	$0	–	-10,000	–	-0.42%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-23,818	–	-0.49%	–
USB	Exit	US BANCORP DEL	$0	–	-51,000	–	-0.50%	–
ZBH	Exit	ZIMMER BIOMET HLDGS INC	$0	–	-23,000	–	-0.50%	–
PLAY	Exit	DAVE & BUSTERS ENTMT INC	$0	–	-60,000	–	-0.56%	–
CSL	Exit	CARLISLE COS INC	$0	–	-30,000	–	-0.63%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-40,000	–	-0.66%	–
VET	Exit	VERMILION ENERGY INC	$0	–	-72,000	–	-0.66%	–
WMT	Exit	WALMART INC	$0	–	-45,000	–	-0.75%	–
GGP	Exit	GGP INC	$0	–	-270,000	–	-1.33%	–

Q2 2018

			Value		Shares		↓ Weighting
TD	New	TORONTO DOMINION BK ONT	$26,145,000	–	343,600	–	5.08%	–
RY	New	ROYAL BK CDA MONTREAL QUE	$21,064,000	–	212,790	–	4.09%	–
GIM	New	TEMPLETON GLOBAL INCOME FD	$16,104,000	–	1,995,000	–	3.13%	–
V	New	VISA INC	$13,977,000	–	92,473	–	2.71%	–
CNQ	New	CANADIAN NAT RES LTD	$13,798,000	–	290,800	–	2.68%	–
C	New	CITIGROUP INC	$12,716,000	–	179,198	–	2.47%	–
ENB	New	ENBRIDGE INC	$12,526,000	–	266,500	–	2.43%	–
MFC	New	MANULIFE FINL CORP	$12,408,000	–	525,300	–	2.41%	–
SLF	New	SUN LIFE FINL INC	$11,813,000	–	223,600	–	2.29%	–
CM	New	CDN IMPERIAL BK COMM TORONTO	$11,505,000	–	100,600	–	2.23%	–
SU	New	SUNCOR ENERGY INC NEW	$10,518,000	–	196,600	–	2.04%	–
MSFT	New	MICROSOFT CORP	$9,872,000	–	98,160	–	1.92%	–
CNI	New	CANADIAN NATL RY CO	$9,742,000	–	90,600	–	1.89%	–
LB	New	L BRANDS INC	$9,589,000	–	260,000	–	1.86%	–
TRP	New	TRANSCANADA CORP	$9,560,000	–	168,070	–	1.86%	–
HYG	New	ISHARES TRput	$8,508,000	–	100,000	–	1.65%	–
MTB	New	M & T BK CORP	$7,487,000	–	44,000	–	1.45%	–
HD	New	HOME DEPOT INC	$7,228,000	–	32,249	–	1.40%	–
BEN	New	FRANKLIN RES INC	$7,211,000	–	225,000	–	1.40%	–
JPM	New	JPMORGAN CHASE & CO	$7,190,000	–	69,000	–	1.40%	–
BAM	New	BROOKFIELD ASSET MGMT INCcl a ltd vt sh	$7,146,000	–	134,000	–	1.39%	–
GOOGL	New	ALPHABET INCcap stk cl a	$7,001,000	–	6,200	–	1.36%	–
HDB	New	HDFC BANK LTD	$6,990,000	–	50,631	–	1.36%	–
GGP	New	GGP INC	$6,866,000	–	270,000	–	1.33%	–
TECK	New	TECK RESOURCES LTDcl b	$6,731,000	–	201,000	–	1.31%	–
NTR	New	NUTRIEN LTD	$6,508,000	–	91,000	–	1.26%	–
GIL	New	GILDAN ACTIVEWEAR INC	$6,369,000	–	172,000	–	1.24%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$6,169,000	–	26,723	–	1.20%	–
SJR	New	SHAW COMMUNICATIONS INCcl b conv	$5,972,000	–	223,000	–	1.16%	–
MRK	New	MERCK & CO INC	$5,789,000	–	85,700	–	1.12%	–
ACN	New	ACCENTURE PLC IRELAND	$5,726,000	–	35,000	–	1.11%	–
LLL	New	L3 TECHNOLOGIES INC	$5,673,000	–	29,500	–	1.10%	–
PFE	New	PFIZER INC	$5,664,000	–	140,300	–	1.10%	–
ADBE	New	ADOBE SYS INC	$5,608,000	–	23,000	–	1.09%	–
CEF	New	SPROTT PHYSICAL GOLD & SILVEtr unit	$5,362,000	–	325,000	–	1.04%	–
UNP	New	UNION PAC CORP	$5,356,000	–	37,800	–	1.04%	–
UNH	New	UNITEDHEALTH GROUP INC	$5,152,000	–	21,000	–	1.00%	–
MDT	New	MEDTRONIC PLC	$5,105,000	–	59,636	–	0.99%	–
CCI	New	CROWN CASTLE INTL CORP NEW	$5,068,000	–	47,000	–	0.98%	–
NEE	New	NEXTERA ENERGY INC	$4,677,000	–	28,000	–	0.91%	–
VMC	New	VULCAN MATLS CO	$4,517,000	–	35,000	–	0.88%	–
WM	New	WASTE MGMT INC DEL	$4,517,000	–	52,300	–	0.88%	–
EOG	New	EOG RES INC	$4,479,000	–	36,000	–	0.87%	–
DWDP	New	DOWDUPONT INC	$4,293,000	–	65,126	–	0.83%	–
WFC	New	WELLS FARGO CO NEW	$4,181,000	–	66,457	–	0.81%	–
AER	New	AERCAP HOLDINGS NV	$4,119,000	–	75,700	–	0.80%	–
WMT	New	WALMART INC	$3,854,000	–	45,000	–	0.75%	–
COST	New	COSTCO WHSL CORP NEW	$3,762,000	–	18,000	–	0.73%	–
CMCSA	New	COMCAST CORP NEWcl a	$3,740,000	–	114,000	–	0.73%	–
HRL	New	HORMEL FOODS CORP	$3,723,000	–	76,100	–	0.72%	–
CLX	New	CLOROX CO DEL	$3,627,000	–	20,400	–	0.70%	–
VLO	New	VALERO ENERGY CORP NEW	$3,624,000	–	32,700	–	0.70%	–
HCA	New	HCA HEALTHCARE INC	$3,591,000	–	35,000	–	0.70%	–
CCL	New	CARNIVAL CORPunit 99/99/9999	$3,439,000	–	60,000	–	0.67%	–
FB	New	FACEBOOK INCcl a	$3,422,000	–	13,395	–	0.66%	–
VET	New	VERMILION ENERGY INC	$3,414,000	–	72,000	–	0.66%	–
DLTR	New	DOLLAR TREE INC	$3,400,000	–	40,000	–	0.66%	–
SHW	New	SHERWIN WILLIAMS CO	$3,383,000	–	8,300	–	0.66%	–
WY	New	WEYERHAEUSER CO	$3,281,000	–	90,000	–	0.64%	–
KMB	New	KIMBERLY CLARK CORP	$3,282,000	–	23,700	–	0.64%	–
BSX	New	BOSTON SCIENTIFIC CORP	$3,270,000	–	100,000	–	0.64%	–
CSL	New	CARLISLE COS INC	$3,249,000	–	30,000	–	0.63%	–
GOOG	New	ALPHABET INCcap stk cl c	$3,146,000	–	2,145	–	0.61%	–
BLK	New	BLACKROCK INC	$3,094,000	–	6,200	–	0.60%	–
NVDA	New	NVIDIA CORP	$3,080,000	–	13,000	–	0.60%	–
XYL	New	XYLEM INC	$3,032,000	–	45,000	–	0.59%	–
BPY	New	BROOKFIELD PPTY PARTNERS L Punit ltd partn	$2,996,000	–	120,000	–	0.58%	–
HPQ	New	HP INC	$2,991,000	–	131,800	–	0.58%	–
NWL	New	NEWELL BRANDS INC	$2,992,000	–	116,000	–	0.58%	–
PLAY	New	DAVE & BUSTERS ENTMT INC	$2,856,000	–	60,000	–	0.56%	–
APTV	New	APTIV PLC	$2,822,000	–	30,800	–	0.55%	–
ECL	New	ECOLAB INC	$2,817,000	–	15,269	–	0.55%	–
GIS	New	GENERAL MLS INC	$2,671,000	–	45,900	–	0.52%	–
BERY	New	BERRY GLOBAL GROUP INC	$2,577,000	–	56,100	–	0.50%	–
EL	New	LAUDER ESTEE COS INCcl a	$2,568,000	–	18,000	–	0.50%	–
WRK	New	WESTROCK CO	$2,566,000	–	45,000	–	0.50%	–
ZBH	New	ZIMMER BIOMET HLDGS INC	$2,563,000	–	23,000	–	0.50%	–
USB	New	US BANCORP DEL	$2,551,000	–	51,000	–	0.50%	–
CAG	New	CONAGRA BRANDS INC	$2,546,000	–	54,200	–	0.49%	–
PM	New	PHILIP MORRIS INTL INC	$2,528,000	–	23,818	–	0.49%	–
SYF	New	SYNCHRONY FINL	$2,504,000	–	75,000	–	0.49%	–
COT	New	COTT CORP QUE	$2,367,000	–	108,700	–	0.46%	–
KO	New	COCA COLA CO	$2,225,000	–	38,589	–	0.43%	–
MHK	New	MOHAWK INDS INC	$2,143,000	–	10,000	–	0.42%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$2,048,000	–	37,000	–	0.40%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$1,977,000	–	18,000	–	0.38%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$1,970,000	–	9,000	–	0.38%	–
STN	New	STANTEC INC	$1,961,000	–	58,000	–	0.38%	–
LOW	New	LOWES COS INC	$1,911,000	–	20,000	–	0.37%	–
FRC	New	FIRST REP BK SAN FRANCISCO C	$1,871,000	–	14,701	–	0.36%	–
DLPH	New	DELPHI TECHNOLOGIES PLC	$1,818,000	–	40,000	–	0.35%	–
LW	New	LAMB WESTON HLDGS INC	$850,000	–	9,433	–	0.16%	–
MDLZ	New	MONDELEZ INTL INCcl a	$803,000	–	14,900	–	0.16%	–

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