Portfolio 3

Below you will find information on the companies in Portfolio 3, as of December 31, 2025.

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

Portfolio 3 owns companies in eight of the eleven sectors. It remains heavily concentrated in the Technology and Financials sectors. As well as owning companies in six other sectors, Portfolio 3 owns an index fund that tracks the largest 500 publicly traded US companies by market capitalization to provide diversification and lessen the volatility. However, many of the largest American companies are technology companies making this a technology heavy portfolio, with Nvidia and Shopify accounting for over 50% of the portfolio between the two of them. This last quarter I sold off two underperforming technology companies, added to two existing positions and added 2 solid dividend paying companies to add stability and diversification.

Activity during the fourth quarter of 2025:

Added to: Brookfield Corporation

Added to: Brookfield Wealth Solutions Ltd.

Bought: Canada Packers Inc.

Bought: Rockpoint Gas Storage Inc.

Sold: Adyen NV

Sold: Enghouse Systems Limited

Diversification

The graphs show the diversification of Portfolio 3 by sector and market capitalization, as of December 31, 2025. 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	2125.07	2125.07	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	440.35	499.67	Toronto Stock Exchange	A big 5 Canadian bank	Core; banks always make money, growing and decent dividend
Microsoft Corporation	MSFT	USD	348.60	360.21	Nasdaq Stock Market	Large software company	Core; dominant software company in OS; productivity software; cloud services; gaming
goeasy Ltd.	GSY	CAD	158.86	201.07	Toronto Stock Exchange	Pay day loans company	Growth; provides financing options for sub prime borrowers; part of buy now, pay later trend
Brookfield Asset Management Ltd.	BAM	CAD	133.79	167.56	Toronto Stock Exchange	Alternative investment management company	Growth: spinoff from BN; pure play asset management company; Brookfield pedigree.
Cloudflare, Inc.	NET	USD	152.01	152.01	New York Stock Exchange	Cybersecurity	Growth; enhanced security and performance for companies of all sizes; part of cybersecurity trend.
The Toronto-Dominion Bank	TD	CAD	93.45	128.51	Toronto Stock Exchange	A big 5 Canadian bank	Core; banks always make money, growing and decent dividend
Magnite, Inc.	MGNI	USD	79.80	79.80	Nasdaq Stock Market	Digital Advertising on the sell side	Growth; digital advertising is a growing industry as ad industry moves from cable to streaming
Vertiv Holdings Co	VRT	USD	79.44	79.59	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
Alvopetro energy Ltd.	ALV	CAD	2.77	66.21	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.
TD U.S. Equity Index ETF	TPU	CAD	58.09	62.81	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 Renewable Partners LP	BEP.UN	CAD	32.22	61.63	Toronto Stock Exchange	Renewable Energy company	Growth: managed by BN, owns & operates various renewable energy assets around the world
Brookfield Renewable Corporation	BEPC	CAD	35.12	56.24	Toronto Stock Exchange	Renewable Energy company	Growth: managed by BN, owns & operates various renewable energy assets around the world
Brookfield Corporation	BN	CAD	44.51	53.64	Toronto Stock Exchange	Asset Manager company	Core; owns and manages many companies throught the world; strong management; dividend
SmartCentres REIT	SRU.UN	CAD	10.25	17.53	Toronto Stock Exchange	Commercial & residential REIT	Income; generate income from 7+% dividend; growth potential as it converts malls into towncentres.
Nvidia Corporation	NVDA	USD	15.68	15.69	Nasdaq Stock Market	Graphic processor & chip manufacturer	Core: Leading producer of graphic processor chips used in AI, big data, gaming, AR/VR computing; dividend
Canada Packers	CPKR	CAD	2.89	4.28	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
Rockpoint Gas Storage Inc.	RGSI	CAD	2.25	2.25	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	-8.88	-0.74	Toronto Stock Exchange	Re-insurance company	Income; Spin off from BN; strong management; diversification into insurance industry
Evolution AB	EVVTY	USD	-9.54	-7.46	OTC Markets	Online gambling solutions for online gambling companies	Growth; leading global provider of online gambling solutions. Ride tailwind of online gambling.
Lithium Americas	LAC	USD	-31.33	-31.33	Toronto Stock Exchange	North American Lithium miner	Growth: major North American lithium miner; riding tailwind of battery power.