# EDGAR Filing Document

**Accession Number:** 0001851362
**File Stem:** 0001851362-25-000006
**Filing Date:** 2025-10
**Character Count:** 10658
**Document Hash:** f8cd9004ab91bb8a1a7771e95661d675
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001851362-25-000006.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0001851362-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**EFFECTIVENESS DATE**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lorne Steinberg Wealth Management Inc.
- **CENTRAL INDEX KEY:** 0001851362

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21114
- **FILM NUMBER:** 251439541

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 DE LA GAUCHETIERE STREET WEST
- **STREET 2:** SUITE 3310
- **CITY:** MONTREAL, QUEBEC
- **STATE:** Z4
- **ZIP:** H3B 4W5
- **BUSINESS PHONE:** 514-876-9888

**MAIL ADDRESS:**
- **STREET 1:** 1000 DE LA GAUCHETIERE STREET WEST
- **STREET 2:** SUITE 3310
- **CITY:** MONTREAL, QUEBEC
- **STATE:** Z4
- **ZIP:** H3B 4W5

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Lorne Steinberg Wealth Management Inc.<br>**Address:** 1000 DE LA GAUCHETIERE STREET WEST<br>SUITE 3310<br>MONTREAL QUEBEC, Z4 H3B 4W5

**Form 13F File Number:** 028-21114

**CRD Number (if applicable):** 000290262

**SEC File Number (if applicable):** 801-113179

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:** Geoffrey Smith<br>**Title:** Chief Compliance Officer<br>**Phone:** 514-876-9888

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

Geoffrey Smith  Montreal, A8  10-31-2025<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:** 70

**Form 13F Information Table Value Total:** $414967788

      (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 |
| Adobe Systems Inc. | COM | 00724F101 |  | 5253153 | 14892 | SH |  | SOLE |  | 14892 | 0 | 0 |
| Allstate Corporation | COM | 020002101 |  | 10948438 | 51006 | SH |  | SOLE |  | 51006 | 0 | 0 |
| Alphabet Inc. Class A | CAP STK CL A | 02079K305 |  | 14857057 | 61115 | SH |  | SOLE |  | 61115 | 0 | 0 |
| Alphabet Inc. Class C | CAP STK CL C | 02079K107 |  | 784962 | 3223 | SH |  | SOLE |  | 3223 | 0 | 0 |
| Amazon.Com Inc | COM | 023135106 |  | 9974626 | 45428 | SH |  | SOLE |  | 45428 | 0 | 0 |
| American Express Co. | COM | 025816109 |  | 10818119 | 32569 | SH |  | SOLE |  | 32569 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 4215909 | 16557 | SH |  | SOLE |  | 16557 | 0 | 0 |
| Automatic Data Processing Inc. | COM | 053015103 |  | 4897048 | 16685 | SH |  | SOLE |  | 16685 | 0 | 0 |
| Bank of Montreal | COM | 063671101 |  | 12685340 | 97377 | SH |  | SOLE |  | 97377 | 0 | 0 |
| Bank of Nova Scotia | COM | 064149107 |  | 11214171 | 173477 | SH |  | SOLE |  | 173477 | 0 | 0 |
| BCE Inc. | COM | 05534B760 |  | 4367071 | 188042 | SH |  | SOLE |  | 188042 | 0 | 0 |
| Becton Dickinson  Co | COM | 075887109 |  | 5152416 | 27528 | SH |  | SOLE |  | 27528 | 0 | 0 |
| Berkshire Hathaway B | COM | 084670702 |  | 11576091 | 23026 | SH |  | SOLE |  | 23026 | 0 | 0 |
| BERKSHIRE HATHAWAY CL A | CL B NEW | 084670108 |  | 754200 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| Brookfield Corp | CL A LTD VT SH | 11271J107 |  | 7142362 | 104125 | SH |  | SOLE |  | 104125 | 0 | 0 |
| Cdn Imperial Bank of Commerce | COM | 136069101 |  | 14675235 | 183701 | SH |  | SOLE |  | 183701 | 0 | 0 |
| Cdn National Railway | COM | 136375102 |  | 7833784 | 83095 | SH |  | SOLE |  | 83095 | 0 | 0 |
| Cdn Natural Resources Ltd | COM | 136385101 |  | 3523686 | 110232 | SH |  | SOLE |  | 110232 | 0 | 0 |
| Cdn Pacific KC Railway Ltd | COM | 13646K108 |  | 8109062 | 108911 | SH |  | SOLE |  | 108911 | 0 | 0 |
| Cisco Systems Inc | COM | 17275R102 |  | 7648877 | 111793 | SH |  | SOLE |  | 111793 | 0 | 0 |
| Corning Inc. | COM | 219350105 |  | 205075 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| Corteva Inc. | COM | 22052L104 |  | 7357468 | 108790 | SH |  | SOLE |  | 108790 | 0 | 0 |
| Costco Wholesale Corp | COM | 22160K105 |  | 422087 | 456 | SH |  | SOLE |  | 456 | 0 | 0 |
| CVS Health Corporation | COM | 126650100 |  | 8205749 | 108844 | SH |  | SOLE |  | 108844 | 0 | 0 |
| Diageo PLC ADR | SPONSORED ADR | 25243Q205 |  | 5574066 | 58410 | SH |  | SOLE |  | 58410 | 0 | 0 |
| Electronic Arts Inc | COM | 285512109 |  | 9935742 | 49260 | SH |  | SOLE |  | 49260 | 0 | 0 |
| Eli Lilly  Co | COM | 532457108 |  | 545545 | 715 | SH |  | SOLE |  | 715 | 0 | 0 |
| Enbridge Inc | COM | 29250N105 |  | 216869 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| Goldman Sachs | COM | 38141G104 |  | 8209572 | 10309 | SH |  | SOLE |  | 10309 | 0 | 0 |
| Humana Inc. | COM | 444859102 |  | 208136 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| ING Groep ADR | SPONSORED ADR | 456837103 |  | 267320 | 10250 | SH |  | SOLE |  | 10250 | 0 | 0 |
| iShares iBoxx $ High Yield Corporate Bond ETF | ETF | 464288513 |  | 2106069 | 25940 | SH |  | SOLE |  | 25940 | 0 | 0 |
| iShares MSCI Canada ETF | ETF | 464286509 |  | 231519 | 4580 | SH |  | SOLE |  | 4580 | 0 | 0 |
| iShares MSCI World ETF | ETF | 464286392 |  | 997491 | 5494 | SH |  | SOLE |  | 5494 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 6853309 | 36961 | SH |  | SOLE |  | 36961 | 0 | 0 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 12191370 | 38650 | SH |  | SOLE |  | 38650 | 0 | 0 |
| Kenvue Inc | COM | 49177J102 |  | 3096035 | 190760 | SH |  | SOLE |  | 190760 | 0 | 0 |
| Kraft Heinz Company | COM | 500754106 |  | 2824298 | 108460 | SH |  | SOLE |  | 108460 | 0 | 0 |
| Linde PLC | COM | G5494J103 |  | 2636250 | 5550 | SH |  | SOLE |  | 5550 | 0 | 0 |
| Manulife Financial Corp | COM | 56501R106 |  | 6650688 | 213524 | SH |  | SOLE |  | 213524 | 0 | 0 |
| McDonalds Corp | COM | 580135101 |  | 2902453 | 9551 | SH |  | SOLE |  | 9551 | 0 | 0 |
| Merck  Company | COM | 58933Y105 |  | 253720 | 3023 | SH |  | SOLE |  | 3023 | 0 | 0 |
| Meta Platforms | COM | 30303M102 |  | 10041178 | 13673 | SH |  | SOLE |  | 13673 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 14574077 | 28138 | SH |  | SOLE |  | 28138 | 0 | 0 |
| Middleby Corp | COM | 596278101 |  | 3183674 | 23950 | SH |  | SOLE |  | 23950 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 8144634 | 51237 | SH |  | SOLE |  | 51237 | 0 | 0 |
| Nike Inc.Cl B | CL B | 654106103 |  | 2551490 | 36591 | SH |  | SOLE |  | 36591 | 0 | 0 |
| Nutrien Ltd | COM | 67077M108 |  | 6281721 | 106996 | SH |  | SOLE |  | 106996 | 0 | 0 |
| NVidia | COM | 67066G104 |  | 492944 | 2642 | SH |  | SOLE |  | 2642 | 0 | 0 |
| Open Text Corp | COM | 683715106 |  | 7220732 | 193233 | SH |  | SOLE |  | 193233 | 0 | 0 |
| Oracle Corp | COM | 68389X105 |  | 298114 | 1060 | SH |  | SOLE |  | 1060 | 0 | 0 |
| Procter and Gamble | COM | 742718109 |  | 392576 | 2555 | SH |  | SOLE |  | 2555 | 0 | 0 |
| Rogers Communications | CL B | 775109200 |  | 4446796 | 129207 | SH |  | SOLE |  | 129207 | 0 | 0 |
| Royal Bank of Canada | COM | 780087102 |  | 18700634 | 126917 | SH |  | SOLE |  | 126917 | 0 | 0 |
| Royal Caribbean Cruises | COM | V7780T103 |  | 323580 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| Smith  Nephew PLC ADR | SPDN ADR NEW | 83175M205 |  | 9592173 | 264320 | SH |  | SOLE |  | 264320 | 0 | 0 |
| SPDR Bloomberg Barclays High Yield Bond ETF | ETF | 78468R622 |  | 1225855 | 12510 | SH |  | SOLE |  | 12510 | 0 | 0 |
| Starbucks Corp | COM | 855244109 |  | 5956348 | 70406 | SH |  | SOLE |  | 70406 | 0 | 0 |
| State Street Corp | COM | 857477103 |  | 4534251 | 39085 | SH |  | SOLE |  | 39085 | 0 | 0 |
| Sun Life Financial Inc. | COM | 866796105 |  | 7073281 | 117826 | SH |  | SOLE |  | 117826 | 0 | 0 |
| Taiwan Semiconductor Mfg ADR | SPDN ADS | 874039100 |  | 8252461 | 29548 | SH |  | SOLE |  | 29548 | 0 | 0 |
| TC Energy Corp. | COM | 87807B107 |  | 10216431 | 187950 | SH |  | SOLE |  | 187950 | 0 | 0 |
| Telus Corp | COM | 87971M103 |  | 5858347 | 372036 | SH |  | SOLE |  | 372036 | 0 | 0 |
| Toronto Dominion Bank | COM | 891160509 |  | 12316754 | 154081 | SH |  | SOLE |  | 154081 | 0 | 0 |
| Tractor Supply Co | COM | 892356106 |  | 4968277 | 87362 | SH |  | SOLE |  | 87362 | 0 | 0 |
| Unilever PLC ADR | SPON ADR NEW | 904767704 |  | 5785491 | 97596 | SH |  | SOLE |  | 97596 | 0 | 0 |
| Viatris Inc | COM NEW | 92556V106 |  | 6231169 | 629411 | SH |  | SOLE |  | 629411 | 0 | 0 |
| Visa Inc. | COM NEW | 92826C839 |  | 9571271 | 28037 | SH |  | SOLE |  | 28037 | 0 | 0 |
| Wal Mart Stores | COM | 931142103 |  | 242088 | 2349 | SH |  | SOLE |  | 2349 | 0 | 0 |
| Walt Disney Co. | COM | 254687106 |  | 8169003 | 71345 | SH |  | SOLE |  | 71345 | 0 | 0 |

---