Rempart Asset Management Inc.

Key Holdings

The portfolio is characterized by a "core and satellite" structure where the top 10 holdings command roughly 50% of the total assets, yet no single stock dominates. The top three positions—Royal Bank of Canada (RY) at $34.27M, Thermo Fisher Scientific (TMO) at $30.10M, and Microsoft (MSFT) at $28.41M—represent a stable, high-quality foundation. These are followed closely by major financial institutions like JPMorgan Chase (JPM) and Bank of Montreal (BMO), both hovering around the 5.1% to 5.3% allocation range.

Notably, the portfolio includes positions with undefined sectors in the data (specifically Johnson Controls and NVENT Electric), which rank 7th and 9th respectively, indicating a strong tilt toward industrial or diversified manufacturing names. The holdings list features a mix of high-growth technology (MSFT) and steady dividend-yielding value plays (Canadian Banks and Railways), reflecting a barbell strategy aimed at balancing capital appreciation with income stability.