1832 Asset Management L.P.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), 1832 Asset Management L.P. reported 618 stock positions worth $81.5 billion. Its top holding was Royal Bank of Canada (RY) at 4.3% of the portfolio, followed by Toronto-Dominion Bank (TD, 4.2%) and Microsoft (MSFT, 3.0%). Compared with Q1 2026, it opened 69 new positions, sold out of 79, added to 218 and reduced 272. The biggest buy was Royal Bank of Canada (RY, shares +3%) and the biggest sale Netflix (NFLX, shares −85%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0000944388
Portfolio Value
$81.5B (Q2 2026)
SEC Filing
0001062993-26-004300 ↗ filed Aug 13, 2026

Holdings Value

0$20.0B$40.0B$60.0B$80.0B$100.0B Q1 2024: $54.7B Q1 2024 Q2 2024: $55.2B Q2 2024 Q3 2024: $59.6B Q3 2024 Q4 2024: $56.0B Q4 2024 Q1 2025: $52.4B Q1 2025 Q2 2025: $57.4B Q2 2025 Q3 2025: $59.1B Q3 2025 Q4 2025: $78.3B Q4 2025 Q1 2026: $75.5B Q1 2026 Q2 2026: $81.5B $81.5B Q2 2026

Holdings 618 stocks · $81.5B

RY Royal Bank of Canada 4.32% 17,036,711 $3.5B Add +3.2%
TD Toronto-Dominion Bank 4.18% 28,083,509 $3.4B Reduce -7.5%
MSFT Microsoft Corp. 3.01% 6,586,763 $2.5B Add +4.2%
CNI Canadian Natl Railway Co. 2.42% 16,518,344 $2.0B Reduce -11.6%
NVDA Nvidia Corp. 2.32% 9,435,289 $1.9B Reduce -0.3%
BN Brookfield Corp. 2.22% 42,497,472 $1.8B Reduce -1.0%
AMZN Amazon.com Inc. 2.10% 7,183,134 $1.7B Reduce -14.0%
GOOGL Alphabet Inc. Class A 2.08% 4,751,760 $1.7B Add +23.5%
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 2.02% 9,303,809 $1.6B Reduce -3.1%
ENB Enbridge Inc. 1.90% 28,620,616 $1.6B Reduce -1.6%
AAPL Apple Inc. 1.76% 4,967,048 $1.4B Reduce -2.1%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 1.73% 16,250,132 $1.4B Reduce -11.0%
TRP TC Energy Corp. 1.67% 20,499,907 $1.4B Reduce -7.0%
WCN Waste Connections Inc. 1.52% 7,456,684 $1.2B Add +4.8%
CP Canadian Pacific Kansas City 1.50% 14,086,643 $1.2B Reduce -0.4%
CNQ Canadian Natural Resources 1.36% 28,134,122 $1.1B Add +0.7%
V Visa Inc. Class A 1.32% 3,146,348 $1.1B Add +11.3%
MFC Manulife Financial Corp. 1.28% 25,779,357 $1.0B Reduce -8.7%
SHOP Shopify Inc. Class A 1.27% 9,079,131 $1.0B Reduce -10.9%
GOOG Alphabet Inc. Class C 1.17% 2,700,266 $954.1M Reduce -11.6%
SU Suncor Energy Inc. 1.13% 17,152,866 $920.8M Add +5.9%
JPM JPMorgan Chase & Co. 1.10% 2,745,469 $898.7M Add +36.9%
TMO Thermo Fisher Scientific Inc. 1.06% 1,721,443 $863.1M Reduce -12.6%
TSM Taiwan Semiconductor-SP ADR 1.04% 1,772,353 $846.4M Reduce -32.3%
AVGO Broadcom Inc. 0.81% 1,739,123 $657.0M Add +48.1%
TRI Thomson Reuters Corp. 0.77% 7,671,208 $626.5M Add +7.8%
SLF Sun Life Financial Inc. 0.77% 7,965,126 $624.6M Reduce -12.1%
AEM Agnico Eagle Mines Ltd. 0.77% 4,020,762 $623.7M Add +2.6%
KLAC KLA Corp. 0.73% 1,972,872 $595.2M Reduce -0.6%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.73% 298,655 $594.2M Add +6.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.72% 3,869,155 $586.2M Reduce -20.8%
IVV iShares Core S&P 500 ETF 0.68% 742,159 $555.8M Reduce -3.9%
OTEX Open Text Corp. 0.68% 25,041,994 $554.7M Reduce -8.1%
AMD Advanced Micro Devices 0.68% 952,660 $553.4M Add +29.0%
JNJ Johnson & Johnson 0.67% 2,162,034 $549.1M Reduce -1.3%
UNH Unitedhealth Group Inc. 0.66% 1,293,392 $537.6M Add +18.0%
FNV Franco-Nevada Corp. 0.66% 2,569,467 $535.6M Reduce -1.6%
ETN Eaton Corp. PLC 0.61% 1,167,727 $497.6M Add +9.5%
CAE Cae Inc. 0.60% 19,559,409 $490.2M Add +19.3%
LLY Eli Lilly & Co. 0.58% 396,979 $476.1M Add +293.2%
MA Mastercard Inc. Class A 0.58% 921,021 $473.0M Add +1.7%
PBA Pembina Pipeline Corp. 0.56% 9,953,497 $460.3M Reduce -15.1%
MCD McDonald's Corp. 0.56% 1,677,928 $453.6M Add +9.1%
NTR Nutrien Ltd. 0.55% 7,184,426 $452.3M Add +12.2%
CSCO Cisco Systems Inc. 0.54% 3,742,278 $439.6M Reduce -31.3%
META Meta Platforms Inc. Class A 0.52% 753,401 $424.4M Add +14.0%
FTS Fortis Inc. 0.52% 7,343,075 $420.2M Reduce -2.9%
RBA RB Global Inc. 0.48% 3,347,363 $389.8M Reduce -3.5%
COST Costco Wholesale Corp. 0.48% 414,342 $387.6M Reduce -12.0%
IBKR Interactive Brokers Gro Class A 0.46% 4,340,899 $377.8M Reduce -2.5%
AMAT Applied Materials Inc. 0.46% 518,623 $375.0M Reduce -35.7%
DHR Danaher Corp. 0.45% 1,914,032 $364.6M Reduce -18.0%
SYK Stryker Corp. 0.45% 1,156,684 $364.2M Add +25.4%
SHW The Sherwin-Williams Co. 0.44% 1,031,714 $355.2M Reduce -35.4%
ELV Elevance Health Inc. 0.44% 918,237 $355.1M Add +18.6%
KGC Kinross Gold Corp. 0.41% 14,292,788 $337.6M Add +14.8%
PSA Public Storage 0.41% 1,056,860 $336.4M Add +22.7%
CIGI Colliers Intl GR-Subord Vot 0.41% 3,562,916 $334.2M Add +10.5%
GIL Gildan Activewear Inc. 0.40% 6,395,460 $330.0M Add +9.6%
TFII Tfi International Inc. 0.39% 2,197,429 $315.5M Reduce -44.8%
ETR Entergy Corp. 0.38% 2,731,591 $313.8M Add +14.7%
STN Stantec Inc. 0.38% 4,494,177 $309.7M Add +14.4%
EMR Emerson Electric Co. 0.37% 2,124,889 $304.2M Reduce -21.4%
DDOG Datadog Inc. Class A 0.37% 1,146,600 $298.5M Reduce -25.0%
WPM Wheaton Precious Metals Corp. 0.36% 2,644,838 $297.1M Add +49.7%
WMB Williams Cos Inc. 0.36% 3,903,896 $290.2M Add +22.4%
HD Home Depot Inc. 0.35% 815,408 $287.6M Reduce -52.7%
PGR Progressive Corp. 0.34% 1,265,265 $276.4M Add +24.5%
URI United Rentals Inc. 0.33% 237,971 $269.6M Reduce -0.9%
RCI Rogers Communications Inc. Class B 0.33% 8,249,158 $268.1M Reduce -0.3%
BIP Brookfield Infrastructure Pa 0.33% 7,311,207 $266.8M Reduce -4.7%
DSGX The Descartes Systems Grp 0.32% 3,826,186 $264.9M Reduce -0.2%
RTX RTX Corp. 0.32% 1,393,723 $264.4M Add +50.0%
GIB Cgi Inc. 0.32% 4,086,494 $263.9M Reduce -14.4%
SNOW Snowflake Inc. 0.31% 1,004,900 $255.7M Add +14.6%
TER Teradyne Inc. 0.31% 525,480 $254.2M Add +3104.2%
VSS Vanguard Ftse All Wo X-US SC 0.31% 1,632,044 $251.8M Add +11.2%
LIN Linde PLC 0.30% 475,408 $246.7M Reduce -37.1%
MAA Mid-America Apartment Comm 0.30% 1,734,565 $241.0M Add +64.7%
FSV Firstservice Corp. 0.29% 1,684,460 $239.4M Add +302.9%
ABT Abbott Laboratories 0.29% 2,615,727 $237.4M Add +2.9%
BKNG Booking Holdings Inc. 0.29% 1,328,513 $236.8M Reduce -0.9%
ORCL Oracle Corp. 0.29% 1,612,948 $236.4M Reduce -31.6%
QSR Restaurant Brands Intern 0.29% 3,205,836 $232.5M Reduce -10.6%
AZN Astrazeneca PLC 0.28% 1,215,636 $230.5M Add +89.5%
BGSI Boyd Group Services Inc. 0.27% 2,362,770 $223.6M Add +4.3%
ALAB Astera Labs Inc. 0.27% 451,800 $218.2M Reduce -46.9%
TECK Teck Resources Ltd.-CLS B 0.27% 3,654,125 $217.3M Add +33.4%
PG The Procter & Gamble Co. 0.26% 1,440,923 $211.3M Reduce -15.3%
LRCX Lam Research Corp. 0.26% 486,046 $210.6M Add +271.4%
CVE Cenovus Energy Inc. 0.26% 8,440,355 $209.4M Add +158.3%
CAT Caterpillar Inc. 0.25% 194,962 $207.6M Add +0.4%
ICLR Icon PLC filed as ICON PUB LTD CO 0.25% 1,194,860 $207.6M Add +0.1%
COHR Coherent Corp. 0.25% 511,146 $201.6M Add +775.8%
GEV GE Vernova Inc. 0.25% 171,011 $200.9M Reduce -21.2%
APH Amphenol Corp. Class A 0.24% 1,127,797 $198.9M Add +771.1%
CAVA Cava Group Inc. 0.24% 2,525,500 $198.2M Add +66.2%
CCJ Cameco Corp. 0.24% 1,944,936 $198.1M Add +89.2%
MRVL Marvell Technology Inc. 0.24% 662,760 $197.4M Reduce -30.7%
ABBV Abbvie Inc. 0.24% 775,386 $195.1M Add +175.3%

Show all 618 holdings

Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($112.1B), MICROSOFT CORP calls ($1.3B), AMAZON COM INC calls ($834.2M), TAIWAN SEMICONDUCTOR MANUFAC calls ($811.9M), TAKE-TWO INTERACTIVE SOFTWAR calls ($625.0M), NVIDIA CORPORATION calls ($620.3M), WILLIAMS COS INC calls ($557.5M), SHOPIFY INC calls ($525.2M), BOSTON SCIENTIFIC CORP calls ($448.1M), BANK MONTREAL MEDIUM puts ($53.5M), CANADIAN IMPERIAL BANK OF CO puts ($34.7M), EXXON MOBIL CORP calls ($2.5M).

Portfolio Sells Q1 2026 → Q2 2026

NFLX Netflix Inc. Reduce -84.5% 0.06% −0.53
XOM Exxon Mobil Corp. Reduce -79.3% 0.09% −0.48
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.43
HD Home Depot Inc. Reduce -52.7% 0.35% −0.40
BSX Boston Scientific Corp. Reduce -37.2% 0.24% −0.36
SHOP Shopify Inc. Class A Reduce -10.9% 1.27% −0.33
VLO Valero Energy Corp. Reduce -74.4% 0.11% −0.33
TU Telus Corp. Reduce -67.6% 0.10% −0.32
TJX TJX Companies Inc. Reduce -20.8% 0.72% −0.31
CVX Chevron Corp. Reduce -97.1% 0.01% −0.29
NET Cloudflare Inc. Class A Reduce -84.1% 0.06% −0.27
LITE Lumentum Holdings Inc. Sold out 0.00% −0.26
SHW The Sherwin-Williams Co. Reduce -35.4% 0.44% −0.24
TMO Thermo Fisher Scientific Inc. Reduce -12.6% 1.06% −0.22
CME Cme Group Inc. Reduce -29.9% 0.20% −0.21
VRT Vertiv Holdings Co. Class A Reduce -97.5% 0.01% −0.21
AMZN Amazon.com Inc. Reduce -14.0% 2.10% −0.20
AEP American Electric Power Reduce -97.2% 0.01% −0.20
FNV Franco-Nevada Corp. Reduce -1.6% 0.66% −0.20
WMT Walmart Inc. Reduce -62.5% 0.09% −0.19
LIN Linde PLC Reduce -37.1% 0.30% −0.19
TFII Tfi International Inc. Reduce -44.8% 0.39% −0.19
CB Chubb Ltd. Reduce -61.1% 0.11% −0.19
ENB Enbridge Inc. Reduce -1.6% 1.90% −0.18
LHX L3HARRIS Technologies Inc. Reduce -51.0% 0.11% −0.18
ROST Ross Stores Inc. Reduce -88.6% 0.02% −0.17
PLTR Palantir Technologies Inc. Class A Reduce -97.8% 0.00% −0.17
ORCL Oracle Corp. Reduce -31.6% 0.29% −0.17
TRP TC Energy Corp. Reduce -7.0% 1.67% −0.16
COST Costco Wholesale Corp. Reduce -12.0% 0.48% −0.15
INTU Intuit Inc. Reduce -2.3% 0.17% −0.14
DHR Danaher Corp. Reduce -18.0% 0.45% −0.14
GIB Cgi Inc. Reduce -14.4% 0.32% −0.14
AXON Axon Enterprise Inc. Reduce -83.8% 0.03% −0.14
ACN Accenture PLC Class A Reduce -0.9% 0.18% −0.14
TSM Taiwan Semiconductor-SP ADR Reduce -32.3% 1.04% −0.13
PBA Pembina Pipeline Corp. Reduce -15.1% 0.56% −0.13
CBOE Cboe Global Markets Inc. Reduce -98.9% 0.00% −0.13
SLB SLB Ltd. Reduce -96.7% 0.00% −0.13
CNI Canadian Natl Railway Co. Reduce -11.6% 2.42% −0.13
IOT Samsara Inc. Class A Reduce -66.4% 0.06% −0.12
OTEX Open Text Corp. Reduce -8.1% 0.68% −0.12
ADI Analog Devices Inc. Reduce -61.3% 0.10% −0.12
AGI Alamos Gold Inc. Class A Reduce -9.0% 0.15% −0.11
FIVE Five Below Sold out 0.00% −0.11
VMC Vulcan Materials Co. Reduce -93.5% 0.01% −0.11
PWR Quanta Services Inc. Reduce -80.0% 0.03% −0.10
OZK Bank Ozk Reduce -98.4% 0.00% −0.10
TTE Totalenergies SE Reduce -57.9% 0.05% −0.10
EMR Emerson Electric Co. Reduce -21.4% 0.37% −0.10

Portfolio Buys Q1 2026 → Q2 2026

RY Royal Bank of Canada Add +3.2% 4.32% +0.79
GOOGL Alphabet Inc. Class A Add +23.5% 2.08% +0.62
AMD Advanced Micro Devices Add +29.0% 0.68% +0.48
LLY Eli Lilly & Co. Add +293.2% 0.58% +0.46
AVGO Broadcom Inc. Add +48.1% 0.81% +0.32
JPM JPMorgan Chase & Co. Add +36.9% 1.10% +0.32
TER Teradyne Inc. Add +3104.2% 0.31% +0.31
UNH Unitedhealth Group Inc. Add +18.0% 0.66% +0.27
ASML ASML Holding NV-NY Reg SHS Add +6.9% 0.73% +0.24
PANW Palo Alto Networks Inc. Add +2626.3% 0.24% +0.23
SNDK Sandisk Corp. New 0.23% +0.23
COHR Coherent Corp. Add +775.8% 0.25% +0.23
APH Amphenol Corp. Class A Add +771.1% 0.24% +0.22
LRCX Lam Research Corp. Add +271.4% 0.26% +0.22
FSV Firstservice Corp. Add +302.9% 0.29% +0.22
HUM Humana Inc. New 0.22% +0.22
DAL Delta Air Lines Inc. Add +2219.0% 0.21% +0.20
V Visa Inc. Class A Add +11.3% 1.32% +0.19
GE General Electric Add +594.6% 0.21% +0.18
FLEX Flex Ltd. Add +8285.7% 0.18% +0.18
BNY Bank of New York Mellon Corp. Add +20176.9% 0.18% +0.18
CSX CSX Corp. Add +933.0% 0.19% +0.17
ABBV Abbvie Inc. Add +175.3% 0.24% +0.16
C Citigroup Inc. Add +175.1% 0.23% +0.16
AFRM Affirm Holdings Inc. New 0.15% +0.15
PNC PNC Financial Services Group Add +2913.9% 0.15% +0.15
INTC Intel Corp. New 0.14% +0.14
TRV The Travelers Cos Inc. Add +2193.8% 0.15% +0.14
CVE Cenovus Energy Inc. Add +158.3% 0.26% +0.14
TWLO Twilio Inc. Class A New 0.14% +0.14
SNOW Snowflake Inc. Add +14.6% 0.31% +0.14
ELV Elevance Health Inc. Add +18.6% 0.44% +0.14
MAA Mid-America Apartment Comm Add +64.7% 0.30% +0.13
MS Morgan Stanley Add +1603.6% 0.13% +0.12
VIK Viking Holdings Ltd. Add +4191.0% 0.12% +0.12
USB US Bancorp Add +6846.4% 0.12% +0.12
DOCN Digitalocean Holdings Inc. Add +676.1% 0.13% +0.12
AZN Astrazeneca PLC Add +89.5% 0.28% +0.12
FROG Jfrog Ltd. Add +262.9% 0.13% +0.11
BROS Dutch Bros Inc. Class A Add +95.3% 0.18% +0.11
HWM Howmet Aerospace Inc. Add +676.1% 0.12% +0.11
ODFL Old Dominion Freight Line Add +226.4% 0.15% +0.11
ETN Eaton Corp. PLC Add +9.5% 0.61% +0.11
PSA Public Storage Add +22.7% 0.41% +0.10
NBIS Nebius Group NV Add +57.6% 0.14% +0.10
UBS UBS Group AG-Reg New 0.10% +0.10
ARGX Argenx SE - ADR Add +87.6% 0.18% +0.10
SPG Simon Property Group Inc. Add +310.7% 0.12% +0.10
CCJ Cameco Corp. Add +89.2% 0.24% +0.10
RL Ralph Lauren Corp. New 0.09% +0.09

Options Activity Q1 2026 → Q2 2026

STATE STR SPDR S&P 500 ETF T put Add +253.2% 150,101,000 $112.1B
NETFLIX INC. call Sold out 14,500,000 $1.4Bbefore exit
MICROSOFT CORP call Reduce -2.9% 3,400,000 $1.3B
AMAZON COM INC call Add +16.7% 3,500,000 $834.2M
TAIWAN SEMICONDUCTOR MANUFAC call New 1,700,000 $811.9M
TAKE-TWO INTERACTIVE SOFTWAR call New 2,500,000 $625.0M
NVIDIA CORPORATION call Reduce -5.2% 3,100,000 $620.3M
WILLIAMS COS INC call New 7,500,000 $557.5M
SHOPIFY INC call Reduce -16.4% 4,600,000 $525.2M
BOSTON SCIENTIFIC CORP call New 10,500,000 $448.1M
META PLATFORMS INC call Sold out 700,000 $400.5Mbefore exit
CHENIERE ENERGY INC put Sold out 800,000 $227.0Mbefore exit
ISHARES INC call Sold out 750,000 $92.3Mbefore exit
UNITEDHEALTH GROUP INC call Sold out 335,000 $90.6Mbefore exit
INVESCO QQQ TR put Sold out 101,000 $58.3Mbefore exit
BANK MONTREAL MEDIUM put Reduce -24.8% 303,000 $53.5M
ISHARES TR put Sold out 504,000 $40.1Mbefore exit
CANADIAN IMPERIAL BANK OF CO put Reduce -14.2% 302,000 $34.7M
ISHARES TR put Sold out 100,700 $25.0Mbefore exit
SPDR GOLD TR call Sold out 50,500 $21.7Mbefore exit
INVESCO EXCH TRADED FD TR II put Sold out 1,010,000 $20.6Mbefore exit
DANAHER CORP DEL call Sold out 51,000 $9.7Mbefore exit
EXXON MOBIL CORP call New 18,300 $2.5M
INVESCO EXCHANGE TRADED FD T call Sold out 8,300 $1.6Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 618$81.5BRY, TD, MSFT, CNI, NVDA
Q1 2026 628$75.5BTD, RY, MSFT, CNI, AMZN
Q4 2025 674$78.3BTD, RY, MSFT, BN, CNI
Q3 2025 647$59.1BMSFT, RY, TD, ENB, NVDA
Q2 2025 640$57.4BMSFT, RY, TD, NVDA, AMZN
Q1 2025 631$52.4BRY, MSFT, ENB, TD, AMZN
Q4 2024 645$56.0BMSFT, RY, AMZN, ENB, BN
Q3 2024 663$59.6BRY, MSFT, TD, ENB, AMZN
Q2 2024 881$55.2BMSFT, RY, AMZN, TD, ENB
Q1 2024 876$54.7BMSFT, RY, AMZN, TD, ENB