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Institutional Investment Manager
CIDEL ASSET MANAGEMENT INC
CIDEL ASSET MANAGEMENT INC (CIK: 0001621915), located at 60 Bloor St. W, 9th Floor, Toronto. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 84 holdings with a total value of $2,014,715,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 3,937,936 194,213,000 9.64%
2 ROYAL BK CDA MONTREAL QUE 2,298,687 155,568,000 7.72%
3 BANK N S HALIFAX 2,508,490 139,670,000 6.93%
4 SUNCOR ENERGY INC NEW 3,491,922 114,169,000 5.67%
5 BANK MONTREAL QUE 1,356,885 97,590,000 4.84%
6 CANADIAN NAT RES LTD 2,555,971 81,455,000 4.04%
7 CANADIAN PAC RY LTD 570,129 81,339,000 4.04%
8 MANULIFE FINL CORP 4,152,317 73,942,000 3.67%
9 TRANSCANADA CORP 1,540,806 69,472,000 3.45%
10 ENBRIDGE INC 1,590,886 66,944,000 3.32%
11 ROGERS COMMUNICATIONS INC 1,543,155 59,522,000 2.95%
12 MAGNA INTL INC 1,323,098 57,449,000 2.85%
13 GROUPE CGI INC 1,165,045 55,914,000 2.78%
14 TELUS CORP 1,631,405 51,942,000 2.58%
15 VERMILION ENERGY INC 1,073,874 45,180,000 2.24%
16 CANADIAN NATL RY CO 627,488 42,228,000 2.10%
17 AGNICO EAGLE MINES LTD 995,732 41,863,000 2.08%
18 CRESCENT PT ENERGY CORP 2,923,248 39,733,000 1.97%
19 GOLDCORP INC NEW 2,819,766 38,389,000 1.91%
20 AGRIUM INC 363,536 36,540,000 1.81%
21 CDN IMPERIAL BK COMM TORONTO 374,977 30,597,000 1.52%
22 CELESTICA INC 2,513,348 29,781,000 1.48%
23 GILDAN ACTIVEWEAR INC 1,106,636 28,097,000 1.39%
24 FORTIS INC 862,838 26,643,000 1.32%
25 CAE INC 1,658,897 23,203,000 1.15%
26 MICROSOFT CORP 339,541 21,099,000 1.05%
27 SHAW COMMUNICATIONS INC 1,027,195 20,610,000 1.02%
28 JOHNSON & JOHNSON 170,791 19,677,000 0.98%
29 PHILLIPS 66 224,541 19,403,000 0.96%
30 TAIWAN SEMICONDUCTOR MFG LTD 658,883 18,943,000 0.94%
31 CREDICORP LTD 118,161 18,653,000 0.93%
32 DENTSPLY SIRONA INC 306,013 17,666,000 0.88%
33 NEXTERA ENERGY INC 140,057 16,731,000 0.83%
34 DEERE & CO 144,252 14,864,000 0.74%
35 US BANCORP DEL 282,055 14,489,000 0.72%
36 ROSS STORES INC 216,180 14,181,000 0.70%
37 ZOETIS INC 253,743 13,583,000 0.67%
38 COSTCO WHSL CORP NEW 77,620 12,428,000 0.62%
39 TAHOE RES INC 1,291,011 12,163,000 0.60%
40 MID-AM APRTMNT COMM 122,052 11,951,000 0.59%
41 RAYTHEON CO 83,642 11,877,000 0.59%
42 OCCIDENTAL PETE CORP DEL 147,443 10,502,000 0.52%
43 ELDORADO GOLD CORP NEW 3,140,945 10,106,000 0.50%
44 3M CO 45,880 8,193,000 0.41%
45 JOHNSON CTLS INTL PLC 196,901 8,110,000 0.40%
46 ALGONQUIN PWR UTILS CORP 880,311 7,468,000 0.37%
47 AMGEN INC 43,225 6,320,000 0.31%
48 THOMSON REUTERS CORP 54,278 2,375,000 0.12%
49 TESLA INC 7,980 1,705,000 0.08%
50 GPO AEROPORTUARIO DEL PAC SA 15,753 1,300,000 0.06%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-17-000200, filed 2017.01.27).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.