# EDGAR Filing Document

**Accession Number:** 0001476329
**File Stem:** 0001567619-23-002028
**Filing Date:** 2023-2
**Character Count:** 11162
**Document Hash:** 526fa198669d74153c7fb19dc2585173
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567619-23-002028.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001567619-23-002028

**CONFORMED SUBMISSION TYPE**: 13F-HR/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**EFFECTIVENESS DATE**: 20230208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nexus Investment Management ULC
- **CENTRAL INDEX KEY:** 0001476329
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13610
- **FILM NUMBER:** 23597370

**BUSINESS ADDRESS:**
- **STREET 1:** 111 RICHMOND STREET WEST
- **STREET 2:** SUITE 801
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 2G4
- **BUSINESS PHONE:** 416-360-7830

**MAIL ADDRESS:**
- **STREET 1:** 111 RICHMOND STREET WEST
- **STREET 2:** SUITE 801
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 2G4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nexus Investment Management Inc.
- **DATE OF NAME CHANGE:** 20091106

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [x] **Amendment Number:** 1

**This Amendment (Check only one.):** [x] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Nexus Investment Management ULC<br>**Address:** 111 RICHMOND STREET WEST<br>SUITE 801<br>TORONTO, A6 M5H 2G4

**Form 13F File Number:** 028-13610

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** R. Denys Calvin<br>**Title:** Vice President<br>**Phone:** 416-360-7830

**Signature, Place, and Date of Signing:**

/s/ R. Denys Calvin  Toronto, A6  02-07-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 73

**Form 13F Information Table Value Total:** $885611553

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 361209 | 3290 | SH |  | SOLE | NONE | 3290 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 558524 | 3456 | SH |  | SOLE | NONE | 3456 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7185892 | 81445 | SH |  | SOLE | NONE | 81445 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 23138388 | 260773 | SH |  | SOLE | NONE | 260773 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 8607217 | 90650 | SH |  | SOLE | NONE | 90650 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 533890 | 29000 | SH |  | SOLE | NONE | 29000 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 1499034 | 16544 | SH |  | SOLE | NONE | 16544 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 33448595 | 682550 | SH |  | SOLE | NONE | 682550 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 152592 | 24300 | SH |  | SOLE | NONE | 24300 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 5128235 | 116696 | SH |  | SOLE | NONE | 116696 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 19004662 | 410734 | SH |  | SOLE | NONE | 410734 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 212468 | 2953 | SH |  | SOLE | NONE | 2953 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS ADDED | 113004105 |  | 230032 | 8032 | SH |  | SOLE | NONE | 8032 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH ADDED | 11271J107 |  | 1010706 | 32133 | SH |  | SOLE | NONE | 32133 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 31695878 | 1023073 | SH |  | SOLE | NONE | 1023073 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 468469 | 18500 | SH |  | SOLE | NONE | 18500 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 21344000 | 1103246 | SH |  | SOLE | NONE | 1103246 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM TO | COM | 136069101 |  | 2756848 | 68140 | SH |  | SOLE | NONE | 68140 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 591092 | 4975 | SH |  | SOLE | NONE | 4975 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 1192782 | 21475 | SH |  | SOLE | NONE | 21475 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 20882165 | 342949 | SH |  | SOLE | NONE | 342949 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 29463587 | 1518300 | SH |  | SOLE | NONE | 1518300 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2396192 | 13350 | SH |  | SOLE | NONE | 13350 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 28548746 | 599260 | SH |  | SOLE | NONE | 599260 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 23300687 | 515160 | SH |  | SOLE | NONE | 515160 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 3915844 | 122600 | SH |  | SOLE | NONE | 122600 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 679728 | 1489 | SH |  | SOLE | NONE | 1489 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 490723 | 15840 | SH |  | SOLE | NONE | 15840 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 37306939 | 400332 | SH |  | SOLE | NONE | 400332 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 3338187 | 12577 | SH |  | SOLE | NONE | 12577 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 38922275 | 158060 | SH |  | SOLE | NONE | 158060 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 222670 | 3500 | SH |  | SOLE | NONE | 3500 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 302184 | 826 | SH |  | SOLE | NONE | 826 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 28873227 | 738597 | SH |  | SOLE | NONE | 738597 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 29482638 | 227630 | SH |  | SOLE | NONE | 227630 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 466884 | 10800 | SH |  | SOLE | NONE | 10800 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1307606 | 11855 | SH |  | SOLE | NONE | 11855 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 2427884 | 19821 | SH |  | SOLE | NONE | 19821 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 3142787 | 78525 | SH |  | SOLE | NONE | 78525 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 250896 | 3905 | SH |  | SOLE | NONE | 3905 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 20363032 | 605322 | SH |  | SOLE | NONE | 605322 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 25258615 | 294218 | SH |  | SOLE | NONE | 294218 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 577105 | 11846 | SH |  | SOLE | NONE | 11846 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 2070942 | 31550 | SH |  | SOLE | NONE | 31550 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1532615 | 8676 | SH |  | SOLE | NONE | 8676 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 35586385 | 265372 | SH |  | SOLE | NONE | 265372 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 332588 | 2450 | SH |  | SOLE | NONE | 2450 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1402041 | 31450 | SH |  | SOLE | NONE | 31450 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 21711314 | 386422 | SH |  | SOLE | NONE | 386422 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 14193537 | 182624 | SH |  | SOLE | NONE | 182624 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 291244 | 2625 | SH |  | SOLE | NONE | 2625 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 20804259 | 172879 | SH |  | SOLE | NONE | 172879 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 28232809 | 117725 | SH |  | SOLE | NONE | 117725 | 0 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 1871021 | 63130 | SH |  | SOLE | NONE | 63130 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 1052470 | 31000 | SH |  | SOLE | NONE | 31000 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 36469609 | 711741 | SH |  | SOLE | NONE | 711741 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 |  | 6368442 | 188527 | SH |  | SOLE | NONE | 188527 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 333432 | 2200 | SH |  | SOLE | NONE | 2200 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 323935 | 6920 | SH |  | SOLE | NONE | 6920 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 31086448 | 267825 | SH |  | SOLE | NONE | 267825 | 0 | 0 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 47857138 | 508921 | SH |  | SOLE | NONE | 508921 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 21582301 | 680247 | SH |  | SOLE | NONE | 680247 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 774326 | 7100 | SH |  | SOLE | NONE | 7100 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 21598898 | 541665 | SH |  | SOLE | NONE | 541665 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 31230960 | 1617998 | SH |  | SOLE | NONE | 1617998 | 0 | 0 |
| THOMSON REUTERS CORP. | COM NEW | 884903709 |  | 467808 | 4100 | SH |  | SOLE | NONE | 4100 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 50599435 | 781316 | SH |  | SOLE | NONE | 781316 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2103831 | 10160 | SH |  | SOLE | NONE | 10160 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 29632766 | 170460 | SH |  | SOLE | NONE | 170460 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2182760 | 55400 | SH |  | SOLE | NONE | 55400 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 207760 | 1000 | SH |  | SOLE | NONE | 1000 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 268385 | 6500 | SH |  | SOLE | NONE | 6500 | 0 | 0 |
| WESTERN DIGITAL CORP. | COM | 958102105 |  | 12400980 | 393058 | SH |  | SOLE | NONE | 393058 | 0 | 0 |

---