Portfolio 3

Below you will find information on the companies in Portfolio 3, as of March 31, 2026.

This page includes sections on portfolio diversification, performance, and what the companies do and why they are in the portfolio.

Portfolio 3 continues to be broadly diversified, with exposure to ten of the eleven sectors, but its still very much defined by Technology and Financials. Alongside holdings in eight other sectors, the portfolio includes an index fund tracking the 500 largest publicly traded US companies, which helps smooth out some of the ups and downs. That said, because many of those top companies are in technology, the overall mix still leans heavily in that direction. In fact, Nvidia and Shopify have grown to make up more than half of the portfolio, highlighting just how concentrated the core positions remain.

There were a couple of changes this quarter. One position was sold after the company reported unexpectedly large loan losses, suspended its dividend and share buyback program, and pulled its financial guidance – never the kind of update you want to see as a shareholder. On the other side of the ledger, I added a new company tied to the rapidly growing space economy – leaning into that “final frontier” theme (Star Trek fans will appreciate that one 😊).

These moves have helped dial down some of the volatility. The portfolio is now much more tilted toward stability, with roughly 90% in large and mega-cap companies, while small caps have been trimmed down to just 3%. It’s still a concentrated portfolio, but one that’s gradually becoming a bit more balanced and resilient

Activity during the first quarter of 2026:

Bought: Rocket Lab Corporation

Sold: goeasy Ltd.

Diversification

The graphs show the diversification of Portfolio 3 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.

Performance

Below is the list of the Portfolio 3 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
Shopify Inc.	SHOP	CAD	1499.02	1499.02	Toronto Stock Exchange	E-commerce platform	Core: dominat global e-commerce platform; started as a growth investment but has become a core holding
Royal Bank Of Canada	RY	CAD	410.39	473.86	Toronto Stock Exchange	A big 5 Canadian bank	Core: banks always make money, growing and decent dividend
Microsoft Corporation	MSFT	USD	250.44	262.45	Nasdaq Stock Market	Large software company	Core: dominant software company in OS; productivity software; cloud services; gaming
Cloudflare, Inc.	NET	USD	161.95	161.95	New York Stock Exchange	Cybersecurity	Growth: enhanced security and performance for companies of all sizes; part of cybersecurity trend.
Vertiv Holdings Co	VRT	USD	158.94	159.12	New York Stock Exchange	Builds datacentre and other digital infrastructure	Growth: capitlaize on growing global demand for development and management of datacentres and digital infrastructure
Brookfield Asset Management Ltd.	BAM	CAD	90.78	131.37	Toronto Stock Exchange	Alternative investment management company	Growth: spinoff from BN; pure play asset management company; Brookfield pedigree.
The Toronto-Dominion Bank	TD	CAD	90.55	127.19	Toronto Stock Exchange	A big 5 Canadian bank	Core: banks always make money, growing and decent dividend
Alvopetro energy Ltd.	ALV	CAD	46.19	115.14	TSX Venture Exchange	Natural gas explorer and developer	Growth: Seasoned management with expereince in Brazil; riding the energy tailwind to ride higher; a ROIC over 23% and a 5+% dividend.
Brookfield Renewable Partners LP	BEP.UN	CAD	55.89	87.09	Toronto Stock Exchange	Renewable Energy company	Growth: managed by BN, owns & operates various renewable energy assets around the world
Brookfield Renewable Corporation	BEPC	CAD	38.60	61.14	Toronto Stock Exchange	Renewable Energy company	Growth: managed by BN, owns & operates various renewable energy assets around the world
TD US Equity Index ETF	TPU	CAD	50.99	56.15	Toronto Stock Exchange	ETF for largest 500 US companies	Growth: low cost ETF that tracks the largest 500 US companies. Provides broad diversification and benefits from rise of US large cap stocks.
Brookfield Corporation	BN	CAD	35.73	44.95	Toronto Stock Exchange	Asset Manager company	Core: owns and manages many companies throught the world; strong management; dividend
Magnite, Inc.	MGNI	USD	27.60	27.60	Nasdaq Stock Market	Digital Advertising on the sell side	Growth: digital advertising is a growing industry as ad industry moves from cable to streaming
Canada Packers	CPKR	CAD	21.72	24.50	Toronto Stock Exchange	A producer of anti-biotic free pork products	Income: a spinoff of Maple Leaf Foods that provides a healthy 5.5% dividend; hope to capture growth as stock rises to fair market value. Provides diversification and stability
SmartCentres REIT	SRU.UN	CAD	12.92	20.51	Toronto Stock Exchange	Commercial & residential REIT	Income: generate income from 7+% dividend; growth potential as it converts malls into towncentres.
Nvidia Corporation	NVDA	USD	8.24	8.24	Nasdaq Stock Market	Graphic processor & chip manufacturer	Core: Leading producer of graphic processor chips used in AI, big data, gaming, AR/VR computing; dividend
Rockpoint Gas Storage Inc.	RGSI	CAD	0.00	1.08	Toronto Stock Exchange	Pure-play natural gas storage infrastructure operator	Income: healthy 4.3% dividend and provides diversification and stability
Brookfield Wealth Solutions Ltd.	BNT	CAD	-11.39	-4.21	Toronto Stock Exchange	Re-insurance company	Income: Spin off from BN; strong management; diversification into insurance industry
Evolution AB	EVVTY	USD	-16.74	-14.68	OTC Markets	Online gambling solutions for online gambling companies	Growth: leading global provider of online gambling solutions. Ride tailwind of online gambling.
Rocket Lab	RKLB	USD	-28.64	-28.64	Nasdaq Stock Market	Builds rockets for outer space	Growth: an investment to capitalize on the growing space race.
Lithium Americas	LAC	USD	-47.33	-47.33	Toronto Stock Exchange	North American Lithium miner	Growth: major North American lithium miner; riding tailwind of battery power.