1832 Asset Management L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), 1832 Asset Management L.P. reported 876 stock positions worth $54.7 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Royal Bank of Canada (RY, 3.4%) and Amazon.com (AMZN, 2.7%). Compared with Q4 2023, it opened 123 new positions, sold out of 70, added to 302 and reduced 317. The biggest buy was Nvidia (NVDA, shares +30%) and the biggest sale Apple (AAPL, shares −40%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0000944388
- Portfolio Value
- $54.7B (Q1 2024)
- SEC Filing
- 0001062993-24-010191 ↗ filed May 14, 2024
Holdings Value
Holdings 876 stocks · $54.7B
| MSFT Microsoft Corp. | 4.82% | 6,271,859 | $2.6B | Reduce -1.9% |
| RY Royal Bank of Canada | 3.41% | 18,498,230 | $1.9B | Add +0.2% |
| AMZN Amazon.com Inc. | 2.70% | 8,184,850 | $1.5B | Add +9.9% |
| TD Toronto-Dominion Bank | 2.69% | 24,340,686 | $1.5B | Reduce -0.9% |
| ENB Enbridge Inc. | 2.42% | 36,649,579 | $1.3B | Add +3.9% |
| CNQ Canadian Natural Resources | 2.15% | 15,422,999 | $1.2B | Reduce -2.3% |
| CP Canadian Pacific Kansas City | 2.11% | 13,098,159 | $1.2B | Reduce -1.9% |
| V Visa Inc. Class A | 2.10% | 4,127,560 | $1.2B | Reduce -7.7% |
| CNI Canadian Natl Railway Co. | 2.09% | 8,691,086 | $1.1B | Reduce -1.1% |
| BN Brookfield Corp. | 1.73% | 22,605,567 | $946.5M | Add +1.3% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.61% | 17,015,877 | $881.1M | Add +16.1% |
| NVDA Nvidia Corp. | 1.58% | 957,195 | $864.9M | Add +30.3% |
| SU Suncor Energy Inc. | 1.49% | 22,157,546 | $817.8M | Add +4.1% |
| TRP TC Energy Corp. | 1.45% | 19,771,410 | $794.8M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 1.45% | 1,605,479 | $794.2M | Add +10.4% |
| JPM JPMorgan Chase & Co. | 1.29% | 3,523,898 | $705.8M | Add +5.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.22% | 6,848,396 | $669.0M | Add +19.7% |
| WCN Waste Connections Inc. | 1.21% | 3,845,696 | $661.5M | Reduce -6.3% |
| META Meta Platforms Inc. Class A | 1.21% | 1,360,052 | $660.4M | Reduce -1.6% |
| TU Telus Corp. | 1.05% | 35,827,980 | $573.6M | Add +0.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.99% | 5,356,715 | $543.3M | Reduce -16.8% |
| TMO Thermo Fisher Scientific Inc. | 0.97% | 913,270 | $530.8M | Reduce -38.9% |
| BIP Brookfield Infrastructure Pa | 0.97% | 17,001,799 | $530.6M | Reduce -11.5% |
| SLF Sun Life Financial Inc. | 0.97% | 9,717,197 | $530.4M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.95% | 4,153,054 | $521.7M | Add +0.5% |
| HON Honeywell International Inc. | 0.89% | 2,361,293 | $484.7M | Add +5.3% |
| NTR Nutrien Ltd. | 0.88% | 8,839,216 | $480.1M | Add +10.6% |
| UBER Uber Technologies Inc. | 0.87% | 6,216,182 | $478.6M | Add +6.4% |
| AAPL Apple Inc. | 0.86% | 2,755,570 | $472.5M | Reduce -40.4% |
| MCD McDonald's Corp. | 0.85% | 1,645,584 | $464.0M | Reduce -4.8% |
| RCI Rogers Communications Inc. Class B | 0.84% | 11,213,313 | $459.7M | Reduce -11.8% |
| MA Mastercard Inc. Class A | 0.80% | 909,210 | $437.8M | Add +7.7% |
| LLY Eli Lilly & Co. | 0.75% | 525,475 | $408.8M | Add +55.5% |
| QSR Restaurant Brands Intern | 0.72% | 4,958,748 | $394.0M | Add +6.2% |
| AMT American Tower Corp. | 0.72% | 1,988,619 | $392.9M | Reduce -28.1% |
| MFC Manulife Financial Corp. | 0.67% | 14,686,893 | $367.0M | Add +103.1% |
| NEE Nextera Energy Inc. | 0.67% | 5,698,197 | $364.2M | Reduce -14.1% |
| FTS Fortis Inc. | 0.66% | 9,103,234 | $359.7M | Add +0.9% |
| PGR Progressive Corp. | 0.64% | 1,685,868 | $348.7M | Add +13.5% |
| WFC Wells Fargo & Co. | 0.62% | 5,852,764 | $339.2M | Add +67.1% |
| MDT Medtronic PLC | 0.62% | 3,873,746 | $337.6M | Add +26.9% |
| NFLX Netflix Inc. | 0.59% | 532,347 | $323.3M | Reduce -7.8% |
| ELV Elevance Health Inc. | 0.59% | 621,360 | $322.2M | Add +7.2% |
| SHW The Sherwin-Williams Co. | 0.58% | 919,931 | $319.5M | Add +31.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.58% | 981,700 | $314.7M | Reduce -19.3% |
| SYK Stryker Corp. | 0.57% | 878,669 | $314.4M | Add +146.9% |
| GOOGL Alphabet Inc. Class A | 0.57% | 2,070,217 | $312.5M | Add +23.0% |
| KO The Coca-Cola Co. | 0.57% | 5,056,286 | $309.3M | Add +0.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.56% | 2,373,029 | $304.7M | Add +7.8% |
| DDOG Datadog Inc. Class A | 0.53% | 2,347,900 | $290.2M | Reduce -10.4% |
| IOT Samsara Inc. Class A | 0.53% | 7,628,100 | $288.3M | Add +102.1% |
| XOM Exxon Mobil Corp. | 0.52% | 2,460,381 | $286.0M | Add +51.4% |
| HD Home Depot Inc. | 0.51% | 721,282 | $276.7M | Add +0.1% |
| CRM Salesforce Inc. | 0.50% | 916,974 | $276.2M | Add +9.4% |
| CDNS Cadence Design SYS Inc. | 0.49% | 856,410 | $266.6M | Add +111.5% |
| COST Costco Wholesale Corp. | 0.48% | 361,627 | $264.9M | Reduce -31.7% |
| MDLZ Mondelez International Inc. Class A | 0.48% | 3,764,136 | $263.5M | Add +0.5% |
| JNJ Johnson & Johnson | 0.48% | 1,653,743 | $261.6M | Reduce -4.5% |
| BCE Bce Inc. | 0.47% | 7,609,939 | $258.6M | Reduce -40.2% |
| NOW ServiceNow Inc. | 0.47% | 333,932 | $254.6M | Reduce -47.5% |
| NET Cloudflare Inc. Class A | 0.46% | 2,622,400 | $253.9M | Reduce -10.1% |
| DXCM Dexcom Inc. | 0.46% | 1,823,400 | $252.9M | Add +1.1% |
| ETN Eaton Corp. PLC | 0.44% | 777,384 | $243.1M | Add +13.1% |
| TRI Thomson Reuters Corp. | 0.44% | 1,559,373 | $243.0M | Reduce -12.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.44% | 246,050 | $238.8M | Add +11084.1% |
| ESLT Elbit Systems Ltd. | 0.43% | 1,130,200 | $237.6M | Reduce -40.1% |
| ROST Ross Stores Inc. | 0.43% | 1,617,010 | $237.3M | Reduce -6.9% |
| BEP Brookfield Renewable Partner | 0.43% | 10,091,652 | $234.4M | Reduce -18.8% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.41% | 2,581,900 | $225.7M | New |
| GOOG Alphabet Inc. Class C | 0.41% | 1,471,570 | $224.1M | Reduce -4.7% |
| MU Micron Technology Inc. | 0.39% | 1,809,600 | $213.3M | Add +301500.0% |
| UNP Union Pacific Corp. | 0.38% | 854,600 | $210.2M | Reduce -5.2% |
| GRP.U Granite Real Estate Investme | 0.38% | 3,590,589 | $205.5M | Add +25.6% |
| NKE Nike Inc. Class B | 0.36% | 2,118,826 | $199.1M | Reduce -27.4% |
| CME Cme Group Inc. | 0.36% | 908,915 | $195.7M | Add +18.0% |
| BURL Burlington Stores Inc. | 0.35% | 829,218 | $192.5M | Reduce -19.8% |
| MDB Mongodb Inc. | 0.34% | 516,200 | $185.1M | Reduce -22.8% |
| DHR Danaher Corp. | 0.33% | 727,168 | $181.6M | Reduce -12.0% |
| CFLT Confluent Inc. Class A | 0.33% | 5,933,000 | $181.1M | New |
| BAH Booz Allen Hamilton Holdings | 0.33% | 1,217,519 | $180.7M | Reduce -26.0% |
| TFII Tfi International Inc. | 0.32% | 1,113,737 | $177.6M | Add +2.5% |
| PH Parker Hannifin Corp. | 0.31% | 307,794 | $171.1M | Add +305.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 401,011 | $168.6M | Add +154.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.31% | 1,903,467 | $168.3M | Reduce -2.3% |
| BSX Boston Scientific Corp. | 0.29% | 2,344,053 | $160.5M | Reduce -8.4% |
| TTWO Take-Two Interactive Softwre | 0.29% | 1,080,474 | $160.4M | Add +2224.9% |
| CAVA Cava Group Inc. | 0.28% | 2,180,145 | $152.7M | Reduce -3.0% |
| GIB Cgi Inc. | 0.28% | 1,376,565 | $152.1M | Reduce -1.0% |
| ABBV Abbvie Inc. | 0.27% | 810,860 | $147.7M | Add +1278.6% |
| WMB Williams Cos Inc. | 0.27% | 3,784,038 | $147.5M | Add +0.3% |
| APO Apollo Global Management Inc. | 0.26% | 1,257,460 | $141.4M | Add +66.0% |
| MAA Mid-America Apartment Comm | 0.26% | 1,065,351 | $140.2M | Add +3.4% |
| CVE Cenovus Energy Inc. | 0.25% | 6,925,179 | $138.4M | Reduce -15.9% |
| PG The Procter & Gamble Co. | 0.25% | 846,894 | $137.4M | Add +14.5% |
| AZO AutoZone Inc. | 0.25% | 43,597 | $137.4M | Add +431.2% |
| ITW Illinois Tool Works | 0.24% | 486,679 | $130.6M | Reduce -7.2% |
| ISRG Intuitive Surgical Inc. | 0.23% | 315,284 | $125.8M | Add +3.9% |
| BKNG Booking Holdings Inc. | 0.23% | 34,624 | $125.6M | Reduce -54.6% |
| SHOP Shopify Inc. Class A | 0.23% | 1,618,967 | $124.9M | Reduce -25.4% |
| WING Wingstop Inc. | 0.23% | 340,400 | $124.7M | Add +11.1% |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($114.1B), ISHARES TR puts ($46.6M), ISHARES TR puts ($35.1M), ARES MANAGEMENT CORPORATION puts ($18.6M), KOHLS CORP calls ($17.8M), AMERICAN EXPRESS CO puts ($13.7M), SELECT SECTOR SPDR TR puts ($12.6M), CITIGROUP INC calls ($9.5M).
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -40.4% | 0.86% | −0.82 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.63 |
| TMO Thermo Fisher Scientific Inc. | Reduce -38.9% | 0.97% | −0.53 |
| BCE Bce Inc. | Reduce -40.2% | 0.47% | −0.47 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.45 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.41 |
| AMT American Tower Corp. | Reduce -28.1% | 0.72% | −0.41 |
| NOW ServiceNow Inc. | Reduce -47.5% | 0.47% | −0.38 |
| AVGO Broadcom Inc. | Reduce -75.2% | 0.14% | −0.36 |
| PANW Palo Alto Networks Inc. | Reduce -100.0% | 0.00% | −0.36 |
| ESLT Elbit Systems Ltd. | Reduce -40.1% | 0.43% | −0.33 |
| ADBE Adobe Inc. | Reduce -78.7% | 0.07% | −0.32 |
| CDW CDW Corp. | Reduce -72.3% | 0.14% | −0.32 |
| TD Toronto-Dominion Bank | Reduce -0.9% | 2.69% | −0.31 |
| RCI Rogers Communications Inc. Class B | Reduce -11.8% | 0.84% | −0.28 |
| BKNG Booking Holdings Inc. | Reduce -54.6% | 0.23% | −0.28 |
| KVUE Kenvue Inc. | Reduce -69.5% | 0.11% | −0.27 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -93.9% | 0.02% | −0.27 |
| GD General Dynamics Corp. | Reduce -97.1% | 0.01% | −0.27 |
| NKE Nike Inc. Class B | Reduce -27.4% | 0.36% | −0.23 |
| HUM Humana Inc. | Sold out | 0.00% | −0.23 |
| LIN Linde PLC | Reduce -77.4% | 0.07% | −0.23 |
| TCN Tricon Residential Inc. | Reduce -100.0% | 0.00% | −0.22 |
| GLOB Globant SA | Sold out | 0.00% | −0.19 |
| BEP Brookfield Renewable Partner | Reduce -18.8% | 0.43% | −0.19 |
| LRCX Lam Research Corp. | Reduce -94.1% | 0.01% | −0.18 |
| MDB Mongodb Inc. | Reduce -22.8% | 0.34% | −0.18 |
| SNPS Synopsys Inc. | Reduce -81.5% | 0.04% | −0.18 |
| COST Costco Wholesale Corp. | Reduce -31.7% | 0.48% | −0.18 |
| BIP Brookfield Infrastructure Pa | Reduce -11.5% | 0.97% | −0.17 |
| ONON On Holding AG Class A | Reduce -99.9% | 0.00% | −0.16 |
| BRZE Braze Inc. Class A | Sold out | 0.00% | −0.15 |
| TJX TJX Companies Inc. | Reduce -16.8% | 0.99% | −0.15 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -52.0% | 0.14% | −0.15 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.15 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -97.3% | 0.00% | −0.13 |
| DASH DoorDash Inc. Class A | Reduce -76.9% | 0.05% | −0.12 |
| MCD McDonald's Corp. | Reduce -4.8% | 0.85% | −0.12 |
| ESTC Elastic NV | Sold out | 0.00% | −0.11 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.11 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.11 |
| SYM Symbotic Inc. | Sold out | 0.00% | −0.10 |
| MELI MercadoLibre Inc. | Reduce -35.6% | 0.15% | −0.10 |
| MNDY Monday.com Ltd. | Reduce -42.3% | 0.20% | −0.10 |
| BX Blackstone Inc. | Reduce -79.4% | 0.02% | −0.10 |
| XLK SS Technology Select Sector | Reduce -38.9% | 0.17% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -14.1% | 0.67% | −0.10 |
| V Visa Inc. Class A | Reduce -7.7% | 2.10% | −0.09 |
| SHOP Shopify Inc. Class A | Reduce -25.4% | 0.23% | −0.09 |
| ATO Atmos Energy Corp. | Reduce -95.5% | 0.00% | −0.09 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +30.3% | 1.58% | +0.89 |
| AMZN Amazon.com Inc. | Add +9.9% | 2.70% | +0.56 |
| ASML ASML Holding NV-NY Reg SHS | Add +11084.1% | 0.44% | +0.43 |
| TTD Trade Desk Inc./the Class A | New | 0.41% | +0.41 |
| MU Micron Technology Inc. | Add +301500.0% | 0.39% | +0.39 |
| LLY Eli Lilly & Co. | Add +55.5% | 0.75% | +0.38 |
| SYK Stryker Corp. | Add +146.9% | 0.57% | +0.37 |
| MFC Manulife Financial Corp. | Add +103.1% | 0.67% | +0.37 |
| CFLT Confluent Inc. Class A | New | 0.33% | +0.33 |
| WFC Wells Fargo & Co. | Add +67.1% | 0.62% | +0.29 |
| IOT Samsara Inc. Class A | Add +102.1% | 0.53% | +0.29 |
| TTWO Take-Two Interactive Softwre | Add +2224.9% | 0.29% | +0.28 |
| CDNS Cadence Design SYS Inc. | Add +111.5% | 0.49% | +0.28 |
| BNS Bank of Nova Scotia | Add +16.1% | 1.61% | +0.26 |
| ABBV Abbvie Inc. | Add +1278.6% | 0.27% | +0.25 |
| PH Parker Hannifin Corp. | Add +305.0% | 0.31% | +0.25 |
| CCK Crown Holdings Inc. | New | 0.22% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +5.5% | 1.29% | +0.22 |
| XOM Exxon Mobil Corp. | Add +51.4% | 0.52% | +0.22 |
| AZO AutoZone Inc. | Add +431.2% | 0.25% | +0.21 |
| SU Suncor Energy Inc. | Add +4.1% | 1.49% | +0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +154.9% | 0.31% | +0.20 |
| UBER Uber Technologies Inc. | Add +6.4% | 0.87% | +0.20 |
| PGR Progressive Corp. | Add +13.5% | 0.64% | +0.19 |
| CYBR Cyberark Software Ltd./Israel | Add +1291.7% | 0.19% | +0.18 |
| SHW The Sherwin-Williams Co. | Add +31.9% | 0.58% | +0.17 |
| BMO Bank of Montreal | Add +19.7% | 1.22% | +0.15 |
| PLTR Palantir Technologies Inc. Class A | Add +248208.2% | 0.15% | +0.15 |
| AXON Axon Enterprise Inc. | New | 0.15% | +0.15 |
| MDT Medtronic PLC | Add +26.9% | 0.62% | +0.14 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +216.4% | 0.17% | +0.14 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.13% | +0.13 |
| ETN Eaton Corp. PLC | Add +13.1% | 0.44% | +0.13 |
| ORCL Oracle Corp. | Add +0.5% | 0.95% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +23.0% | 0.57% | +0.13 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +7.8% | 0.56% | +0.13 |
| MBLY Mobileye Global Inc. Class A | Add +5308.1% | 0.13% | +0.13 |
| APO Apollo Global Management Inc. | Add +66.0% | 0.26% | +0.13 |
| HUN Huntsman Corp. | Add +753.2% | 0.14% | +0.12 |
| MA Mastercard Inc. Class A | Add +7.7% | 0.80% | +0.12 |
| WGO Winnebago Industries | Add +484.1% | 0.14% | +0.11 |
| ELF Elf Beauty Inc. | New | 0.11% | +0.11 |
| MCHP Microchip Technology Inc. | Add +183762.8% | 0.11% | +0.11 |
| CRH CRH PLC | Add +72.2% | 0.19% | +0.10 |
| SMCI Super Micro Computer Inc. | Add +797.7% | 0.10% | +0.09 |
| IYW iShares Ustechnology ETF | Add +6689.2% | 0.09% | +0.09 |
| FROG Jfrog Ltd. | Add +285.1% | 0.11% | +0.09 |
| CRM Salesforce Inc. | Add +9.4% | 0.50% | +0.09 |
| ORLY O'reilly Automotive Inc. | Add +561.2% | 0.10% | +0.09 |
| NSC Norfolk Southern Corp. | New | 0.08% | +0.08 |
Options Activity Q4 2023 → Q1 2024
| STATE STR SPDR S&P 500 ETF T | put | Add +530.4% | 218,059,400 | $114.1B |
| ISHARES TR | put | Add +733.3% | 600,000 | $46.6M |
| ISHARES TR | put | New | 322,500 | $35.1M |
| ARES MANAGEMENT CORPORATION | put | New | 140,000 | $18.6M |
| SELECT SECTOR SPDR TR | put | New | 300,000 | $12.6M |
| CITIGROUP INC | call | New | 150,000 | $9.5M |
| BANK NOVA SCOTIA B C | call | Sold out | 48,500 | $2.4Mbefore exit |
| BANK NOVA SCOTIA HALIFAX | put | Sold out | 48,500 | $2.4Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Sold out | 13 | $153before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 618 | $81.5B | RY, TD, MSFT, CNI, NVDA |
| Q1 2026 | 628 | $75.5B | TD, RY, MSFT, CNI, AMZN |
| Q4 2025 | 674 | $78.3B | TD, RY, MSFT, BN, CNI |
| Q3 2025 | 647 | $59.1B | MSFT, RY, TD, ENB, NVDA |
| Q2 2025 | 640 | $57.4B | MSFT, RY, TD, NVDA, AMZN |
| Q1 2025 | 631 | $52.4B | RY, MSFT, ENB, TD, AMZN |
| Q4 2024 | 645 | $56.0B | MSFT, RY, AMZN, ENB, BN |
| Q3 2024 | 663 | $59.6B | RY, MSFT, TD, ENB, AMZN |
| Q2 2024 | 881 | $55.2B | MSFT, RY, AMZN, TD, ENB |
| Q1 2024 | 876 | $54.7B | MSFT, RY, AMZN, TD, ENB |