1y return+11.3%S&P 500 +20.9%
3y return+42.2%S&P 500 +68.5%
5y return+39.1%S&P 500 +74.5%
10y return+137.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $237 against $357 in the S&P 500.2
Northwest & Ethical Investments L.P.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| DMXFIshares Tr | $288.4M | 6.7% | New |
| NVDANvidia Corporation | $180.6M | 4.2% | −3.8% |
| AVSDAmerican Centy Etf Tr | $158.3M | 3.7% | |
| MSFTMicrosoft Corp | $143.1M | 3.3% | −3.9% |
| AAPLApple Inc | $112.9M | 2.6% | −4.1% |
| GOOGAlphabet Inc | $107.3M | 2.5% | −1.8% |
| RYRoyal Bk Cda | $96.0M | 2.2% | −6.1% |
| AVGOBroadcom Inc | $82.7M | 1.9% | +6.9% |
| KLACKla Corp | $80.8M | 1.9% | +913.4% |
| TDToronto Dominion Bk Ont | $75.3M | 1.8% | −9.8% |
| QQQInvesco Qqq Tr | $64.6M | 1.5% | −13.6% |
| SPYState Str Spdr S&p 500 Etf T | $62.6M | 1.5% | +5.4% |
| AMZNAmazon Com Inc | $61.6M | 1.4% | −12.7% |
| WCNWaste Connections Inc | $58.8M | 1.4% | +4.6% |
| CSCOCisco Sys Inc | $49.9M | 1.2% | −9.1% |
| CNICanadian Natl Ry Co | $47.8M | 1.1% | −6.1% |
| VVisa Inc | $43.6M | 1.0% | −8.7% |
| NEENextera Energy Inc | $41.8M | 1.0% | +61.2% |
| Linde PLCCUSIP G54950103 | $40.5M | 0.9% | −25.1% |
| MRKMerck & Co Inc | $40.0M | 0.9% | −11.5% |
| CPCanadian Pacific Kansas City | $38.9M | 0.9% | −5.4% |
| TSMTaiwan Semiconductor Manufac | $38.2M | 0.9% | −33.3% |
| GILDGilead Sciences Inc | $37.2M | 0.9% | −15.1% |
| ENBEnbridge Inc | $36.9M | 0.9% | +6.2% |
| AAgilent Technologies Inc | $35.7M | 0.8% | −10.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $180.6M |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $38.2M |
| AVGOBroadcom Inc | March 31, 2021 | +714.7% | $82.7M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $32.8M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $107.3M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $32.6M |
| BMOBank Montreal Medium | June 30, 2020 | +233.0% | $28.9M |
| ADIAnalog Devices Inc | June 30, 2020 | +223.9% | $28.6M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $112.9M |
| RYRoyal Bk Cda | June 30, 2020 | +205.3% | $96.0M |
Sold off last quarter
- NULGNushares Etf Tr was $130.3M
- AOSSmith A O Corp was $16.9M
- AAONAaon Inc was $9.4M
- NICENice Ltd was $6.7M
- IGROIshares Tr was $6.2M
- AFGAmerican Financial Group Inc was $5.3M
- Thomson Reuters CorpCUSIP 884903808 was $5.3M
- GLDSpdr Gold Tr was $3.4M
- Hologic IncCUSIP 436440101 was $2.3M
- NYTNew York Times Co Mtn Be was $2.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.4% | +14.8% |
| March 31, 2026 | −2.7% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +5.3% | +7.8% |
| June 30, 2025 | +8.7% | +10.5% |
| March 31, 2025 | −2.3% | −4.6% |
| December 31, 2024 | −2.3% | +2.1% |
| September 30, 2024 | +7.4% | +5.4% |
| June 30, 2024 | +0.4% | +4.0% |
| March 31, 2024 | +7.3% | +10.0% |
| December 31, 2023 | +11.4% | +11.2% |
| September 30, 2023 | −4.5% | −3.6% |
| June 30, 2023 | +4.5% | +8.3% |
| March 31, 2023 | +5.3% | +7.0% |
| December 31, 2022 | +8.6% | +7.1% |
| September 30, 2022 | −5.6% | −5.3% |
| June 30, 2022 | −14.3% | −16.5% |
| March 31, 2022 | −6.0% | −4.9% |
| December 31, 2021 | +8.6% | +10.7% |
| September 30, 2021 | −0.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Northwest & Ethical Investments L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2033536&type=13F-HR&dateb=&owner=include&count=40CIK 2033536
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2033536/000203353626000023/Filed August 13, 2026 · accession 0002033536-26-000023