Portfolio 2

Below is the list of companies in Portfolio 2, as of March 31, 2026.

Also included are graphs to illustrate how the portfolio is diversified by sector and market capitalization.

Portfolio 2 is designed with balance at its core, holding at least one company in each of the eleven sectors. That broad exposure gives it a solid foundation, while still leaning into growth through larger weightings in Energy and Technology. Financials and Communication Services help round things out, offering a mix of steady earnings and long-term growth potential.

At the same time, there’s a clear focus on stability. Defensive positions in Consumer Staples, Real Estate, and Utilities act as a counterweight, helping smooth out volatility while providing a reliable stream of income through growing dividends. It’s a mix that aims to capture upside when markets are strong, without taking the full brunt when conditions get shaky.

During the first quarter, I added a small-cap company to the portfolio. While smaller companies can bring more volatility, this one stands out for its more established product base and growing recurring revenue. That combination adds growth potential while also providing a steadier, more predictable stream of cash flow—something I look for in growth-oriented companies. The goal here is to introduce a touch of higher growth potential without straying too far from the portfolio’s balanced approach.

Activity during the first quarter of 2026:

Bought: Napco Security Technologies, Inc.

Diversification

The graphs show the diversification of Portfolio 2 by sector and market capitalization, as of March 31, 2026. The sector graph shows the dollar value percentage of each sector in the portfolio as well of the number of companies in each sector.

The market capitalization graph shows the dollar value percentage by market capitalization classification as well as the number of companies in each classification.

Portfolio 2 Companies

Below is the list of the Portfolio 2 companies. Some you will recognize some you won't. Either way, I've included the company name, its trading symbol (also known as ticker), the currency used to purchase the shares, the gain or loss in share price since the shares were purchased (the average, in the case of multiple purchases), the total return (the gain or loss from the shares, plus any dividends) and the stock exchange it was purchased on. I have also shown what the company does, and why it was purchased (including how I categorize the company). In cases where a company's total return is greater than the gain or loss in share price, that is because the company pays a dividend.

Stocks traded on Canadian exchanges have the exchanges listed in red. Stocks traded on American exchanges have the exchanges listed in blue.

Company	Ticker	Currency	Share G/L %	Total Return %	Exchange	What they are	Why owned
MongoDB, Inc.	MDB	USD	445.26	445.26	Nasdaq Stock Market	Cloud based database platform	Growth: new type of database for modern data requirements; part of the move to the cloud; mf recommendation
Hammond Power Solutions Inc.	HPS.A	CAD	291.88	298.09	Toronto Stock Exchange	Manufactures electrical transformers for global market	Growth: Company is riding a major tailwind of electrical power, across diverse markets.
Guardant Health, Inc.	GH	USD	131.21	131.21	Nasdaq Stock Market	Cancer research	Growth: developing a solution for early detection of cancer remaining after surgery; diversification; MF recommendation
iA Financial Corporation Inc.	IAG	CAD	108.53	127.88	Toronto Stock Exchange	Insurance and wealth management	Core: slow and steady growth with a reliable and growing dividend.
TC Energy Corporation	TRP	CAD	66.17	117.49	Toronto Stock Exchange	Energy infrastructure	Core: diversification; stable growth and stable, growing dividend
The Walt Disney Company	DIS	USD	97.99	116.92	New York Stock Exchange	Global entertainment company	Core: great optionality from operating in 4 different business areas; dividend (prior to pandemic); feels good to be an owner of Disney.
Fortis Inc.	FTS	CAD	74.79	108.85	Toronto Stock Exchange	Regional electric and gas utility	Core: stable utility; defensive holding to balance tech companies; decent dividend
Microsoft Corporation	MSFT	USD	88.14	93.27	Nasdaq Stock Market	Large software company	Core: strong leadership; dominant OS; productivity software; development software; cloud services; gaming
South Bow Corporation	SOBO	CAD	78.48	91.79	Toronto Stock Exchange	Liquids pipelines operator	Income: Acquired as part of a split of TC Energy in 2024. They operate a network of liquids pipelines that connect western Canadian crude oil to the US markets.
Tourmaline Oil Corporation	TOU	CAD	76.88	89.24	Toronto Stock Exchange	Natural gas producer	Income: received as part of Tourmaline's acquisition of Crew Energy.
Canadian Natural Resources Limited	CNQ	CAD	73.20	84.60	Toronto Stock Exchange	Major oil and natural gas company	Income: strong global demand for oil and gas; leading producer; 4.5% dividend and growing
Brookfield Infrastructure Corporation	BIPC	CAD	52.60	84.39	Toronto Stock Exchange	Owns & operates last mile utiltity assets	Core: same as BIP.UN: strong management; reliable, growing dividend; diversification
Brookfield Infrastructure Partners LP	BIP.UN	CAD	38.40	72.15	Toronto Stock Exchange	Owns & operates last mile utiltity assets	Core: strong management; reliable, growing dividend; diversification
Whitecap Resources Inc.	WCP	CAD	55.13	59.89	Toronto Stock Exchange	Oil & gas producer	Income: strong operational performance and growth potential; monthly dividend over 7%
Take-Two Interactive Software, Inc.	TTWO	USD	57.39	57.39	Nasdaq Stock Market	Major consumer game developer	Growth: acquired shares when company bought Zynga; leading global game developer
Mitek Systems, Inc.	MITK	USD	49.17	49.17	Nasdaq Stock Market	Mobile image capture & ID verification	Growth: used by banking industry to extract info from cheque images; uses AI & machine learning to improve ID verification; MF recommendation
Dollarama	DOL	CAD	43.69	44.88	Toronto Stock Exchange	Retail store	Growth: sales growing as inflatin and higher interest rates forcing consumers to cut back on expenses. Expanding into South America.
The Bank Of Nova Scotia	BNS	CAD	33.04	35.16	Toronto Stock Exchange	A big 6 Canadian bank	Core: banks always make money; growing and decent dividend
Telus Corporation	T	CAD	5.70	30.47	Toronto Stock Exchange	A big 3 Canadian telecommunications company	Growth: strong leadership; communications company branching out to health & agriculture industries; growing revenues and strong dividend;
SmartCentres REIT	SRU.UN	CAD	7.54	26.22	Toronto Stock Exchange	Commercial & residential REIT	Income: generate income from 7+% dividend; growth potential as it converts malls into towncentres.
Alimentation Couche-Tard Inc	ATD	CAD	17.42	21.53	Toronto Stock Exchange	Convenience store industry	Growth: good growth strategy; dividend; strong leadership; decent moat; growing sales; diversification; MF recommendation
Aritzia Inc.	ATZ	CAD	19.21	19.21	Toronto Stock Exchange	Clothing manufacturer	Growth: fast growing women's luxury apparel, expanding across Canada and into the US.
Dream Industrial REIT	DIR.UN	CAD	1.64	13.36	Toronto Stock Exchange	Industrial REIT	Income: take advantage of growing warehouse demand; relatively stable
Airbnb, Inc	ABNB	USD	6.32	6.32	Nasdaq Stock Market	Connects guests and hosts for short term stays	Growth: take adavantage of increased travel, first mover in a disrupted travel industry.
Brookfield Renewable Partners LP	BEP.UN	CAD	-13.51	1.85	Toronto Stock Exchange	Owns & operates renewable energy assets	Growth: strong management; part of the green trend towards renewables; decent dividend
Napco Security Technologies	SSC	USD	-5.22	-5.22	Nasdaq Stock Market	Builds high tech personal and commercial security systems	Growth: growing security demand with recurring revenue model
Supremex	SXP	USD	-39.03	-23.59	Toronto Stock Exchange	Builds and sells packaging solutions globally	Income: provides diversification; steady growth as all products need packaging; decent divident
Zoetis Inc.	ZTS	USD	-32.54	-31.66	New York Stock Exchange	Leading global animal health company	Growth: people are spending more and more money on pet and livestock care.
Birkenstock Holding PLC	BIRK	USD	-41.87	-41.87	New York Stock Exchange	Footwear manufacturer	Growth: strong brand name with loyal customers that has been around over 240 years; expanding into new markets.