Q2 2026 13F · SEC CIK 1578985

Cumberland Partners Ltd

Investment managerFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.5B
Reported positions: 153
Top holdings a year, 3 yrs: +17.3%
Average holding period: 5.9 yrs

Cumberland Partners Ltd is an investment manager that reported 153 positions worth $1.5B in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Royal Bank of Canada (RY, 5.2%), Nvidia Corporation Com (NVDA, 4.6%), Microsoft Corp (MSFT, 4.3%). A portfolio copying its top holdings returned 17.3% a year over the last 3 years, against 20.4% for the S&P 500.

Cumberland Partners Ltd holdings largest 50 of 153 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Cumberland Partners Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
RYRoyal Bank of Canada	5.2%	4.4%	386,426	+7.0%	$79.9M
NVDANvidia Corporation Com	4.6%	4.7%	353,693	-0.5%	$70.8M
MSFTMicrosoft Corp	4.3%	4.2%	176,987	+18.2%	$66.0M
AMZNAmazon Com Inc Com	4.0%	4.1%	260,465	-0.6%	$62.1M
GOOGAlphabet Inc	3.8%	3.7%	167,640	-0.5%	$59.2M
WMTWalmart Inc	3.3%	4.0%	446,379	+6.5%	$50.6M
LINLinde PLC	3.1%	2.8%	92,008	+23.3%	$47.7M
LLYLilly Eli & Co	3.1%	2.5%	39,407	+8.8%	$47.3M
AAPLApple Inc	3.0%	3.1%	161,477	-0.7%	$46.7M
BNSBank Nova Scotia B C	2.9%	2.8%	522,360	-0.8%	$45.3M
COSTCostco Whsl Corp New	2.8%	3.4%	46,434	+2.0%	$43.4M
ETNEaton Corp PLC	2.3%	2.8%	83,528	-20.4%	$35.6M
UNPUnion Pac Corp	2.3%	1.4%	129,041	+75.0%	$35.1M
AMEAmetek Inc	2.2%	2.3%	142,839	-0.5%	$34.6M
MCKMckesson Corp Com	2.1%	—	43,950	—	$33.2M
CNQCanadian Nat Res Ltd Med Term Com	2.1%	2.3%	832,392	+33.5%	$32.9M
AVGOBroadcom Inc	2.0%	2.4%	83,644	-19.6%	$31.6M
METAMeta Platforms Inc Class A	1.9%	2.2%	52,806	+3.5%	$29.7M
GOOGLAlphabet Inc	1.9%	1.6%	80,921	+13.4%	$28.9M
UNHUnitedhealth Group Inc Com	1.7%	1.3%	64,734	-0.8%	$26.9M
GILGildan Activewear Inc	1.5%	1.4%	461,735	+42.0%	$23.8M
VVisa Inc Com Cl A	1.5%	1.9%	68,418	-19.3%	$23.5M
AZNAstrazeneca PLC Ord	1.5%	2.2%	121,834	-16.4%	$23.1M
TSMTaiwan Semiconductor Manufac	1.5%	1.0%	47,543	+27.0%	$22.7M
NFLXNetflix Inc Total	1.4%	2.2%	302,802	+1.6%	$21.6M
DELLDell Technologies Inc	1.4%	0.7%	49,530	-11.8%	$21.4M
TJXTjx Cos Inc New Com	1.3%	1.4%	130,887	+14.2%	$19.8M
APHAmphenol Corp	1.3%	2.3%	110,784	-54.6%	$19.5M
URNMSprott Uranium Miners ETF	1.2%	1.1%	366,088	+64.8%	$19.3M
ADIAnalog Devices Inc	1.1%	—	42,227	—	$16.8M
CCJCameco Corp Com	1.1%	1.0%	164,268	+32.1%	$16.7M
ORLYO'Reilly Automotive Inc	1.0%	1.2%	173,884	-1.2%	$16.0M
CSCOCisco Sys Inc	1.0%	0.4%	129,475	+86.6%	$15.2M
PHMPulte Group Inc	1.0%	1.9%	107,923	-49.5%	$14.8M
FERGFerguson Enterprises Inc	0.8%	—	53,349	—	$12.7M
HWMHowmet Aerospace Inc	0.8%	0.4%	46,440	+111.0%	$12.5M
JPMJpmorgan Chase & Co	0.8%	0.8%	37,954	-0.0%	$12.4M
TDToronto Dominion Bank	0.8%	0.7%	97,731	+3.0%	$11.9M
ABBVAbbvie Inc	0.8%	0.4%	46,647	+82.9%	$11.7M
GEGe Aerospace	0.7%	0.4%	29,748	+72.5%	$11.1M
NDAQNasdaq Inc	0.6%	0.6%	122,725	+26.4%	$9.7M
WSMWilliams Sonoma Inc	0.5%	—	35,380	—	$8.2M
MDAMda Space Ltd.	0.5%	—	195,695	—	$8.1M
JNJJohnson & Johnson	0.5%	0.6%	31,490	-1.8%	$8.0M
PMPhilip Morris Intl Inc Com	0.5%	0.4%	41,960	+32.9%	$7.6M
ETPCEnergy Transfer L P	0.5%	0.6%	380,005	+0.0%	$7.3M
AMATApplied Matls Inc	0.5%	—	9,641	—	$7.0M
BMOBank of Montreal	0.4%	0.4%	38,479	+10.3%	$6.8M
MUMicron Technology Inc	0.4%	—	5,826	—	$6.7M
PHParker-Hannifin Corp	0.4%	0.5%	6,804	-6.4%	$6.7M

What Cumberland Partners Ltd bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

HWM Howmet Aerospace Inc+111.0% shares
CSCO Cisco Sys Inc+86.6% shares
ABBV Abbvie Inc+82.9% shares
UNP Union Pac Corp+75.0% shares
GE Ge Aerospace+72.5% shares
URNM Sprott Uranium Miners ETF+64.8% shares
GIL Gildan Activewear Inc+42.0% shares
CNQ Canadian Nat Res Ltd Med Term Com+33.5% shares

Reduced

APH Amphenol Corp-54.6% shares
PHM Pulte Group Inc-49.5% shares
ETN Eaton Corp PLC-20.4% shares
AVGO Broadcom Inc-19.6% shares
V Visa Inc Com Cl A-19.3% shares
AZN Astrazeneca PLC Ord-16.4% shares
DELL Dell Technologies Inc-11.8% shares
PH Parker-Hannifin Corp-6.4% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +12.6% /yr; S&P 500 +20.1%
3 years: +17.3% /yr; S&P 500 +20.4%
5 years: +8.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.5B	153
Q1 2026	$1.3B	157
Q4 2025	$1.6B	172
Q3 2025	$1.5B	162
Q2 2025	$1.4B	169
Q1 2025	$1.3B	168
Q4 2024	$1.4B	164
Q3 2024	$1.4B	178
Q2 2024	$1.4B	169
Q1 2024	$1.4B	187
Q4 2023	$1.1B	178
Q3 2023	$1.0B	171

Questions about Cumberland Partners Ltd's portfolio

What stocks does Cumberland Partners Ltd own?

Cumberland Partners Ltd's latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 153 positions worth $1.5B. The largest are Royal Bank of Canada (RY) at 5.2%, Nvidia Corporation Com (NVDA) at 4.6%, Microsoft Corp (MSFT) at 4.3%, Amazon Com Inc Com (AMZN) at 4.0% and Alphabet Inc (GOOG) at 3.8%.

What did Cumberland Partners Ltd buy last quarter?

In Q2 2026, Cumberland Partners Ltd added Howmet Aerospace Inc (HWM) (+111.0% shares), Cisco Sys Inc (CSCO) (+86.6% shares) and Abbvie Inc (ABBV) (+82.9% shares), compared with its Q1 2026 filing.

What did Cumberland Partners Ltd sell last quarter?

In Q2 2026, Cumberland Partners Ltd cut from its top 50 Mastercard Inc. (MA), cut from its top 50 Alamos Gold Inc (AGI), cut from its top 50 Spdr Gold Shares (GLD), cut from its top 50 Pfizer Inc (PFE), cut from its top 50 Sprott Inc (SII), Amphenol Corp (APH) (-54.6% shares), Pulte Group Inc (PHM) (-49.5% shares) and Eaton Corp PLC (ETN) (-20.4% shares), compared with its Q1 2026 filing.

How has Cumberland Partners Ltd's portfolio performed?

A portfolio copying Cumberland Partners Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +12.6% against +20.1%. Over 5 years: +8.9% a year against +11.6%.

When is Cumberland Partners Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. Cumberland Partners Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.