| Weight | Holding | Asset Class |
| 10.9% | Cash CAD | Cash |
| 7.5% | Lakeshore Drive Property (equity value) | Real Estate |
| 7.4% | Kensington Private Equity Fund | Private Equity |
| 4.4% | Hadden Drive Property (equity value) | Real Estate |
| 3.5% | Nicola U.S. Real Estate LP | Real Estate |
| 3.2% | Nicola Private Equity LP | Private Equity |
| 3.1% | Rhino Co-Invest LP | Private Equity |
| 2.7% | Espresso Income Trust | Fixed Income |
| 2.3% | Mortgage Company of Canada | Fixed Income |
| 1.9% | Nicola Global Equity | Public Equity |
| 1.9% | Spartan LSQ SPAC | Alternative Investments |
| 1.9% | Nicola Canadian Real Estate LP | Real Estate |
| 1.8% | Nicola Preferred Share | Fixed Income |
| 1.7% | Grayscale Bitcoin Trust Common Stock | Alternative Investments |
| 1.6% | PHN Global Equity Fund Series O | Public Equity |
| 1.4% | iShares Select Dividend ETF | Public Equity |
| 1.4% | iShares Canadian Select Dividend Index ETF | Public Equity |
| 1.4% | KKR Real Estate Finance Trust | Public Equity |
| 1.4% | RBC Qube Low Volatility Global Equity Fund | Public Equity |
| 1.3% | Ninepoint-Tec Private Credit | Fixed Income |
| 1.3% | Bridging Mid-Market Debt | Fixed Income |
| 1.3% | Silvercreek SMI Defensive | Alternative Investments |
| 1.1% | RBC Emerging Markets Equity Fund | Public Equity |
| 1.1% | Next Edge Private Debt | Fixed Income |
| 1.1% | RBC U.S Mid-Cap Growth Equity | Public Equity |
| 1.1% | Edo Japan Restaurant Royalty | Private Equity |
| 1.1% | Sterling Mortgage Income | Fixed Income |
| 1.0% | iShares Russell 2000 ETF | Public Equity |
| 1.0% | Nicola Infrastructure And Renewable Resources | Alternative Investments |
| 1.0% | iShares U S Technology ETF | Public Equity |
| 0.9% | iShares Core S&P 500 Index ETF | Public Equity |
| 0.9% | Nicola Private Debt | Fixed Income |
| 0.9% | iShares Core S&P 500 ETF | Public Equity |
| 0.9% | Parametric Properties Fund | Real Estate |
| 0.8% | Yellow Point Private Equity Fund V | Private Equity |
| 0.8% | Lynwood Opportunities | Public Equity |
| 0.8% | PH&N Canadian Equity Value Fund | Public Equity |
| 0.8% | RBC Qube Low Volatility Canadian Equity Fund | Public Equity |
| 0.7% | RBC Strategic Inc Bond Fund | Fixed Income |
| 0.7% | Nicola Value Add Real Estate LP | Real Estate |
| 0.7% | iShares MSCI World Index ETF | Public Equity |
| 0.7% | East Coast Strategic Credit Trust | Fixed Income |
| 0.7% | Newgen Equity Long-Short | Alternative Investments |
| 0.6% | PHN Short Term Bond & Mtge Fund | Fixed Income |
| 0.6% | PH&N High Yield Bond | Fixed Income |
| 0.6% | H&R Real Estate Investment Trust | Public Equity |
| 0.6% | Diversified Royalty Corp Com | Public Equity |
| 0.6% | iShares S&P/TSX 60 Index ETF | Public Equity |
| 0.6% | RP Select Opportunities | Fixed Income |
| 0.6% | Invico Diversified Income | Fixed Income |
| 0.5% | Bank of Nova Scotia | Public Equity |
| 0.5% | Nicola Global Real Estate | Real Estate |
| 0.5% | Transalta Renewables Inc | Public Equity |
| 0.5% | ARK ETF Trust Ark Innovation ETF | Public Equity |
| 0.5% | Nicola Sustainable Innovation | Alternative Investments |
| 0.5% | Canadian Imperial Bank of Commerce | Public Equity |
| 0.4% | Great-West Lifeco Inc | Public Equity |
| 0.4% | HGC Arbitrage | Alternative Investments |
| 0.4% | Timbercreek Finl Corp Com | Public Equity |
| 0.4% | Grayscale Ethereum TR ETH Common Units | Alternative Investments |
| 0.4% | Power Corp of Canada Sub-Vtg | Public Equity |
| 0.4% | Manulife Financial Corp | Public Equity |
| 0.4% | Firm Capital Mortgage Investment Corporation | Public Equity |
| 0.4% | Nicola Canadian Equity Income | Public Equity |
| 0.4% | Capital Power Corporation | Public Equity |
| 0.4% | Toronto-Dominion Bank | Public Equity |
| 0.4% | Atrium Mortgage Investment Corporation | Public Equity |
| 0.4% | iShares Msci China ETF | Public Equity |
| 0.4% | Royal Bank of Canada | Public Equity |
| 0.4% | BMO India Equity Index ETF | Public Equity |
| 0.3% | BCE Inc | Public Equity |
| 0.3% | Private Online Companies | Private Equity |
| 0.2% | Nicola Alternative Strategies | Alternative Investments |
| 0.2% | RBC Global Bond Fund | Fixed Income |
| 0.2% | Telus Corporation | Public Equity |
| 0.2% | PH&N Total Return Bond | Fixed Income |
| 0.2% | Phillips Hager & North Small Float Fund | Public Equity |
| 0.2% | A&W Revenue Royalties Income Fund | Public Equity |
| 0.2% | RBC Multi-Strategy Alpha Fund | Alternative Investments |
| 0.2% | Nicola Precious Metals | Alternative Investments |
| 0.2% | Nicola Canadian Tactical High Income | Public Equity |
| 0.1% | Cash USD | Cash |
| 0.1% | Nicola U.S. Equity Income | Public Equity |
| 0.1% | Nicola U.S. Tactical High Income | Public Equity |
| 0.1% | Spdr Gold Tr Gold Shs | Alternative Investments |
| 0.1% | Nicola Sustainable Innovation USD | Alternative Investments |
| 0.1% | Goldpoint Partners Select Manager Canada Fund V | Private Equity |
| 0.0% | RBC Global Equity Portfolio | Public Equity |