Alberta Investment Management Corp
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Alberta Investment Management Corp reported 700 stock positions worth $13.9 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 20.4% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 10.9%) and Royal Bank of Canada (RY, 3.0%). Compared with Q4 2024, it opened 108 new positions, sold out of 155, added to 188 and reduced 162. The biggest buy was a new position in Vanguard S&P 500 ETF (VOO) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- EDMONTON, A0
- CIK
- 0001463559
- Portfolio Value
- $13.9B (Q1 2025)
- SEC Filing
- 0001123292-25-000206 ↗ filed May 8, 2025
Holdings Value
Holdings 700 stocks · $13.9B
| IVV iShares Core S&P 500 ETF | 20.37% | 5,043,206 | $2.8B | Reduce -10.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 10.92% | 2,716,702 | $1.5B | Reduce -0.1% |
| RY Royal Bank of Canada | 2.95% | 3,645,211 | $410.6M | Add +1.7% |
| TD Toronto-Dominion Bank | 1.99% | 4,629,156 | $277.3M | Add +2.9% |
| BN Brookfield Corp. | 1.68% | 4,458,782 | $233.3M | Add +2.9% |
| AEM Agnico Eagle Mines Ltd. | 1.63% | 2,089,224 | $226.3M | Reduce -0.4% |
| VOO Vanguard S&P 500 ETF | 1.53% | 414,913 | $213.2M | New |
| SHOP Shopify Inc. Class A | 1.40% | 2,050,577 | $195.2M | Add +0.5% |
| ENB Enbridge Inc. | 1.35% | 4,233,236 | $187.3M | Add +14.7% |
| CNQ Canadian Natural Resources | 1.17% | 5,311,147 | $163.4M | Reduce -7.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.17% | 1,700,523 | $162.4M | Add +22.2% |
| SU Suncor Energy Inc. | 1.11% | 3,994,577 | $154.6M | Add +43.3% |
| MFC Manulife Financial Corp. | 1.09% | 4,846,210 | $151.0M | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.03% | 1,318,141 | $142.9M | Add +17.1% |
| CP Canadian Pacific Kansas City | 1.00% | 1,989,522 | $139.6M | Reduce -6.7% |
| AMZN Amazon.com Inc. | 1.00% | 731,811 | $139.2M | Reduce -1.5% |
| TRP TC Energy Corp. | 0.98% | 2,899,029 | $136.9M | Add +1.1% |
| MSFT Microsoft Corp. | 0.91% | 337,636 | $126.7M | Add +46.8% |
| CNI Canadian Natl Railway Co. | 0.87% | 1,239,813 | $120.6M | Add +4.3% |
| META Meta Platforms Inc. Class A | 0.86% | 207,261 | $119.5M | Add +14.1% |
| YUMC Yum China Holdings Inc. | 0.77% | 2,053,090 | $106.9M | Add +16.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.72% | 2,126,600 | $100.8M | No change |
| AAPL Apple Inc. | 0.72% | 451,847 | $100.4M | Add +19.5% |
| QSR Restaurant Brands Intern | 0.66% | 1,381,830 | $92.1M | Add +51.1% |
| GOOGL Alphabet Inc. Class A | 0.64% | 576,700 | $89.2M | Reduce -0.4% |
| MCHI iShares MSCI China ETF | 0.63% | 1,618,480 | $88.0M | Reduce -45.7% |
| GIB Cgi Inc. | 0.63% | 876,597 | $87.5M | Reduce -1.8% |
| WCN Waste Connections Inc. | 0.61% | 436,673 | $85.1M | Add +9.0% |
| FNV Franco-Nevada Corp. | 0.58% | 512,671 | $80.6M | Add +5.8% |
| TRI Thomson Reuters Corp. | 0.54% | 439,400 | $75.8M | Add +28.7% |
| CVE Cenovus Energy Inc. | 0.53% | 5,319,400 | $73.9M | Add +18.4% |
| V Visa Inc. Class A | 0.53% | 210,246 | $73.7M | Reduce -11.3% |
| SLF Sun Life Financial Inc. | 0.52% | 1,257,900 | $72.0M | No change |
| GIL Gildan Activewear Inc. | 0.50% | 1,589,001 | $70.2M | Add +28.7% |
| CIGI Colliers Intl GR-Subord Vot | 0.50% | 579,963 | $70.2M | Reduce -7.4% |
| LLYVA Liberty Media Corp.-Liberty-A | 0.49% | 1,021,531 | $68.7M | Add +6.4% |
| MELI MercadoLibre Inc. | 0.49% | 34,818 | $67.9M | Reduce -9.4% |
| TECK Teck Resources Ltd.-CLS B | 0.49% | 1,863,117 | $67.9M | Reduce -19.5% |
| IJR iShares Core S&P Small-Cap E | 0.47% | 623,281 | $65.2M | Reduce -21.5% |
| STN Stantec Inc. | 0.47% | 781,609 | $64.8M | Add +6.7% |
| PBA Pembina Pipeline Corp. | 0.44% | 1,546,159 | $61.8M | Reduce -11.6% |
| VSTS Vestis Corp. | 0.44% | 6,145,000 | $60.8M | Add +65.2% |
| WPM Wheaton Precious Metals Corp. | 0.44% | 780,553 | $60.6M | Reduce -0.9% |
| FTS Fortis Inc. | 0.42% | 1,284,464 | $58.5M | Reduce -5.7% |
| GILD Gilead Sciences Inc. | 0.42% | 518,098 | $58.1M | Reduce -30.9% |
| BAM Brookfield Asset Mgmt-A | 0.40% | 1,142,775 | $55.3M | Reduce -9.3% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.39% | 960,798 | $54.0M | Reduce -38.9% |
| SPB Spectrum Brands Holdings Inc. | 0.39% | 750,029 | $53.7M | Add +33.1% |
| CNC Centene Corp. | 0.38% | 871,803 | $52.9M | Add +8.3% |
| FCNCA First Citizens Bcshs Class A | 0.38% | 28,176 | $52.2M | No change |
| CHRW C.H. Robinson Worldwide Inc. | 0.37% | 503,679 | $51.6M | Add +0.3% |
| BABA Alibaba Group Holding-SP ADR | 0.36% | 378,358 | $50.0M | Add +6.7% |
| NFLX Netflix Inc. | 0.35% | 52,879 | $49.3M | Reduce -1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.35% | 293,607 | $48.7M | Add +110.3% |
| BLCO Bausch + Lomb Corp. | 0.34% | 3,266,193 | $47.4M | Add +8.6% |
| AXP American Express Co. | 0.34% | 176,000 | $47.4M | Reduce -4.9% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.34% | 763,800 | $47.0M | Add +34.0% |
| SEE Sealed Air Corp. | 0.33% | 1,596,100 | $46.1M | New |
| SCZ iShares MSCI Eafe Small-Cap | 0.33% | 720,092 | $45.7M | Reduce -20.4% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.32% | 677,900 | $44.7M | Add +0.4% |
| NTR Nutrien Ltd. | 0.32% | 892,840 | $44.3M | Reduce -1.8% |
| GFL GFL Environmental Inc.-Sub VT | 0.31% | 906,000 | $43.8M | No change |
| RTO Rentokil Initial PLC-SP ADR | 0.30% | 1,794,900 | $41.1M | Add +36.8% |
| GOOG Alphabet Inc. Class C | 0.29% | 255,800 | $40.0M | Reduce -0.8% |
| RCI Rogers Communications Inc. Class B | 0.28% | 1,482,616 | $39.6M | Add +19.9% |
| TU Telus Corp. | 0.26% | 2,564,600 | $36.8M | Reduce -12.6% |
| MA Mastercard Inc. Class A | 0.25% | 63,457 | $34.8M | Add +62.1% |
| CFR Cullen/Frost Bankers Inc. | 0.25% | 275,000 | $34.4M | No change |
| DASH DoorDash Inc. Class A | 0.25% | 187,264 | $34.2M | Reduce -33.5% |
| CCJ Cameco Corp. | 0.24% | 822,768 | $33.9M | No change |
| GEN Gen Digital Inc. | 0.24% | 1,250,000 | $33.2M | No change |
| AXON Axon Enterprise Inc. | 0.23% | 61,116 | $32.1M | No change |
| LEA Lear Corp. | 0.23% | 360,649 | $31.8M | Reduce -12.9% |
| TFII Tfi International Inc. | 0.23% | 410,067 | $31.7M | Add +35.6% |
| YMM Full Truck Alliance -SPN ADR | 0.22% | 2,381,411 | $30.4M | Add +14.0% |
| AQN Algonquin Power & Utilities | 0.21% | 5,693,639 | $29.3M | Add +12.7% |
| LBRDK Liberty Broadband-C | 0.21% | 340,100 | $28.9M | No change |
| MEOH Methanex Corp. | 0.21% | 817,100 | $28.7M | Add +1499.0% |
| PAAS Pan American Silver Corp. | 0.21% | 1,108,186 | $28.6M | No change |
| JD Jd.com Inc.-ADR | 0.20% | 692,804 | $28.5M | Add +37.3% |
| SIRI Sirius XM Holdings Inc. | 0.20% | 1,236,226 | $27.9M | Reduce -2.9% |
| IMO Imperial Oil Ltd. | 0.20% | 384,942 | $27.8M | Reduce -25.6% |
| NOW ServiceNow Inc. | 0.20% | 34,899 | $27.8M | Add +15.0% |
| ISRG Intuitive Surgical Inc. | 0.20% | 55,145 | $27.3M | Add +88.2% |
| MCD McDonald's Corp. | 0.19% | 83,640 | $26.1M | Add +132.7% |
| XOM Exxon Mobil Corp. | 0.19% | 216,872 | $25.8M | Add +111.8% |
| SFD Smithfield Foods Inc. | 0.18% | 1,250,000 | $25.5M | New |
| SONY Sony Group Corp. - SP ADR | 0.18% | 1,000,000 | $25.4M | No change |
| TEAM Atlassian Corp. Class A | 0.18% | 116,799 | $24.8M | Add +27.6% |
| UNH Unitedhealth Group Inc. | 0.17% | 46,289 | $24.2M | Add +85.8% |
| ATS Ats Corp. | 0.17% | 966,127 | $24.1M | Reduce -11.1% |
| PDD PDD Holdings Inc. | 0.17% | 194,656 | $23.0M | Add +2.4% |
| KW Kennedy-Wilson Holdings Inc. | 0.17% | 2,650,322 | $23.0M | No change |
| WFG West Fraser Timber Co. Ltd. | 0.16% | 293,903 | $22.6M | No change |
| JPM JPMorgan Chase & Co. | 0.16% | 89,420 | $21.9M | Reduce -0.3% |
| CVX Chevron Corp. | 0.16% | 130,835 | $21.9M | Reduce -0.8% |
| B Barrick Gold Corp. | 0.16% | 1,118,350 | $21.7M | Add +2.3% |
| FR First Industrial Realty TR | 0.15% | 393,302 | $21.2M | Reduce -20.1% |
| JNJ Johnson & Johnson | 0.15% | 127,835 | $21.2M | Reduce -0.1% |
| AMH American Homes 4 Rent- A | 0.15% | 555,000 | $21.0M | No change |
Other holdings (43): bonds, preferreds, convertibles and warrants · $704.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 30,000,000 | $80.9M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 32,500,000 | $56.3M | Add +116.7% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 12,500,000 | $51.6M | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 30,000,000 | $41.9M | Add +33.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 28,000,000 | $36.4M | Add +40.0% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 14,500,000 | $35.8M | No change |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 10,000,000 | $32.0M | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 22,500,000 | $29.7M | Add +200.0% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 25,000,000 | $26.4M | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 25,000,000 | $25.9M | Add +150.0% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 25,000,000 | $25.9M | No change |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 17,500,000 | $25.1M | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 20,000,000 | $20.8M | Add +14.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 400,000 | $20.1M | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 15,000,000 | $20.0M | New |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 15,000,000 | $18.3M | Add +100.0% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 15,000,000 | $17.3M | Add +500.0% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 12,500,000 | $15.1M | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 300,000 | $14.8M | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 15,000,000 | $14.5M | Reduce -14.3% |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 10,000,000 | $13.7M | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 300,000 | $13.4M | Add +50.0% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 10,000,000 | $12.8M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 175,000 | $12.8M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 12,500,000 | $12.6M | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 10,000,000 | $12.3M | New |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 10,000,000 | $10.4M | No change |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 5,000,000 | $6.3M | New |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 850,000 | $247K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 200,000 | $148K | New |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 225,000 | $89K | No change |
| USA RARE EARTH INC | *W EXP 03/13/203 | 125,000 | $84K | New |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 125,000 | $71K | No change |
| DMYYW DMY Squared Technology GR-27 | *W EXP 99/99/999 | 62,500 | $59K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 750,000 | $53K | No change |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | 840,998 | $48K | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 300,000 | $33K | No change |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 200,000 | $32K | No change |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 141,065 | $21K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 100,000 | $21K | No change |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 02/14/203 | 250,000 | $17K | New |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 250,000 | $15K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 50,000 | $6K | No change |
Total filed on the 13F, all lines: $14.6B.
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -10.9% | 20.37% | −3.00 |
| MCHI iShares MSCI China ETF | Reduce -45.7% | 0.63% | −0.35 |
| CM Can Imperial BK of Commerce | Reduce -38.9% | 0.39% | −0.31 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.1% | 10.92% | −0.26 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.25 |
| ADBE Adobe Inc. | Reduce -83.2% | 0.04% | −0.24 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.21 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.18 |
| IJR iShares Core S&P Small-Cap E | Reduce -21.5% | 0.47% | −0.17 |
| TECK Teck Resources Ltd.-CLS B | Reduce -19.5% | 0.49% | −0.17 |
| DAVA Endava PLC- Spon ADR | Reduce -31.4% | 0.13% | −0.17 |
| HES Hess Corp. | Reduce -64.0% | 0.13% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 1.00% | −0.14 |
| SNOW Snowflake Inc. | Reduce -81.8% | 0.03% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 0.64% | −0.13 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.11 |
| ENTG Entegris Inc. | Sold out | 0.00% | −0.11 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.11 |
| KSA Ishrs MSCI Saudi Arabia ETF | Reduce -86.7% | 0.02% | −0.11 |
| PKG Packaging Corp. of America | Sold out | 0.00% | −0.10 |
| AME Ametek Inc. | Sold out | 0.00% | −0.10 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -7.4% | 0.50% | −0.09 |
| CLS Celestica Inc. | Reduce -41.8% | 0.09% | −0.09 |
| SPGI S&P Global Inc. | Reduce -53.0% | 0.08% | −0.09 |
| PTC PTC Inc. | Sold out | 0.00% | −0.09 |
| DASH DoorDash Inc. Class A | Reduce -33.5% | 0.25% | −0.09 |
| ACI Albertsons Cos Inc. Class A | Sold out | 0.00% | −0.08 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.08 |
| BAM Brookfield Asset Mgmt-A | Reduce -9.3% | 0.40% | −0.08 |
| CP Canadian Pacific Kansas City | Reduce -6.7% | 1.00% | −0.08 |
| MBLY Mobileye Global Inc. Class A | Reduce -90.3% | 0.01% | −0.07 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.07 |
| BLK BlackRock Inc. | Reduce -42.8% | 0.09% | −0.07 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.07 |
| FYBR Frontier Communications Pare | Reduce -43.1% | 0.11% | −0.07 |
| GILD Gilead Sciences Inc. | Reduce -30.9% | 0.42% | −0.07 |
| CNQ Canadian Natural Resources | Reduce -7.5% | 1.17% | −0.07 |
| NKE Nike Inc. Class B | Reduce -35.7% | 0.08% | −0.07 |
| NOA North American Construction | Reduce -20.7% | 0.10% | −0.06 |
| FIVN FIVE9 Inc. | Sold out | 0.00% | −0.06 |
| ATS Ats Corp. | Reduce -11.1% | 0.17% | −0.06 |
| BERY Berry Global Group Inc. | Reduce -47.8% | 0.08% | −0.06 |
| X United States Steel Corp. | Sold out | 0.00% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -0.8% | 0.29% | −0.06 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -20.4% | 0.33% | −0.06 |
| CDMO Avid Bioservices Inc. | Sold out | 0.00% | −0.06 |
| GIB Cgi Inc. | Reduce -1.8% | 0.63% | −0.06 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.06 |
| XYZ Block Inc. | Reduce -0.4% | 0.10% | −0.05 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | New | 1.53% | +1.53 |
| SU Suncor Energy Inc. | Add +43.3% | 1.11% | +0.41 |
| SEE Sealed Air Corp. | New | 0.33% | +0.33 |
| TD Toronto-Dominion Bank | Add +2.9% | 1.99% | +0.31 |
| ENB Enbridge Inc. | Add +14.7% | 1.35% | +0.25 |
| QSR Restaurant Brands Intern | Add +51.1% | 0.66% | +0.24 |
| MSFT Microsoft Corp. | Add +46.8% | 0.91% | +0.23 |
| BMO Bank of Montreal | Add +22.2% | 1.17% | +0.22 |
| MEOH Methanex Corp. | Add +1499.0% | 0.21% | +0.19 |
| SFD Smithfield Foods Inc. | New | 0.18% | +0.18 |
| FNV Franco-Nevada Corp. | Add +5.8% | 0.58% | +0.18 |
| YUMC Yum China Holdings Inc. | Add +16.1% | 0.77% | +0.17 |
| TRI Thomson Reuters Corp. | Add +28.7% | 0.54% | +0.16 |
| TSM Taiwan Semiconductor-SP ADR | Add +110.3% | 0.35% | +0.16 |
| BABA Alibaba Group Holding-SP ADR | Add +6.7% | 0.36% | +0.15 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +34.0% | 0.34% | +0.14 |
| WCN Waste Connections Inc. | Add +9.0% | 0.61% | +0.13 |
| OTIS Otis Worldwide Corp. | New | 0.13% | +0.13 |
| ALE Allete Inc. | Add +784.6% | 0.13% | +0.12 |
| MCD McDonald's Corp. | Add +132.7% | 0.19% | +0.11 |
| META Meta Platforms Inc. Class A | Add +14.1% | 0.86% | +0.11 |
| SO The Southern Co. | Add +428.2% | 0.14% | +0.11 |
| XOM Exxon Mobil Corp. | Add +111.8% | 0.19% | +0.11 |
| OR Osisko Gold Royalties Ltd. | Add +717.1% | 0.12% | +0.11 |
| SCHW Schwab (charles) Corp. | New | 0.11% | +0.11 |
| MA Mastercard Inc. Class A | Add +62.1% | 0.25% | +0.11 |
| BKR Baker Hughes Co. | New | 0.10% | +0.10 |
| GIL Gildan Activewear Inc. | Add +28.7% | 0.50% | +0.10 |
| BECN Beacon Roofing Supply Inc. | New | 0.09% | +0.09 |
| CHX Championx Corp. | New | 0.09% | +0.09 |
| ABBV Abbvie Inc. | Add +1248.4% | 0.10% | +0.09 |
| VRN Veren Inc. | Add +252.9% | 0.12% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +88.2% | 0.20% | +0.09 |
| WFC Wells Fargo & Co. | New | 0.09% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +85.8% | 0.17% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +368.8% | 0.11% | +0.08 |
| JD Jd.com Inc.-ADR | Add +37.3% | 0.20% | +0.08 |
| CME Cme Group Inc. | New | 0.08% | +0.08 |
| YUM Yum! Brands Inc. | New | 0.08% | +0.08 |
| IOT Samsara Inc. Class A | Add +372.7% | 0.10% | +0.08 |
| BMY Bristol-Myers Squibb Co. | New | 0.08% | +0.08 |
| FERG Ferguson Enterprises Inc. | New | 0.08% | +0.08 |
| MSM MSC Industrial Direct Co. Class A | New | 0.08% | +0.08 |
| ITCI Intra-Cellular Therapies Inc. | Add +1449.0% | 0.07% | +0.07 |
| ROST Ross Stores Inc. | New | 0.07% | +0.07 |
| KKR KKR & Co. Inc. | New | 0.07% | +0.07 |
| NEE Nextera Energy Inc. | Add +293.5% | 0.09% | +0.07 |
| UNP Union Pacific Corp. | Add +102.4% | 0.12% | +0.07 |
| STN Stantec Inc. | Add +6.7% | 0.47% | +0.06 |
| RTO Rentokil Initial PLC-SP ADR | Add +36.8% | 0.30% | +0.06 |
Notes & Other Activity Q4 2024 → Q1 2025
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 25,000,000 | $91.3Mbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 22,500,000 | $58.6Mbefore exit |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Add +116.7% | 32,500,000 | $56.3M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +33.3% | 30,000,000 | $41.9M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +40.0% | 28,000,000 | $36.4M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 22,500,000 | $36.2Mbefore exit |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | Sold out | 22,500,000 | $35.1Mbefore exit |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | Add +200.0% | 22,500,000 | $29.7M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Add +150.0% | 25,000,000 | $25.9M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | New | 17,500,000 | $25.1M |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Add +14.3% | 20,000,000 | $20.8M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 400,000 | $20.1M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | New | 15,000,000 | $20.0M |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | Sold out | 14,500,000 | $18.6Mbefore exit |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | Add +100.0% | 15,000,000 | $18.3M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +500.0% | 15,000,000 | $17.3M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 300,000 | $14.8M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Reduce -14.3% | 15,000,000 | $14.5M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Add +50.0% | 300,000 | $13.4M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | New | 10,000,000 | $12.8M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 12,500,000 | $12.6M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | New | 10,000,000 | $12.3M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Sold out | 7,500,000 | $8.2Mbefore exit |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | New | 5,000,000 | $6.3M |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | Sold out | 2,750,000 | $3.9Mbefore exit |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | Sold out | 74,988 | $475Kbefore exit |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | New | 200,000 | $148K |
| USA RARE EARTH INC | *W EXP 03/13/203 | New | 125,000 | $84K |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | Sold out | 125,000 | $61Kbefore exit |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 02/14/203 | New | 250,000 | $17K |
| NKGNW Graf Acquisition Corp.-CW28 | *W EXP 05/31/202 | Sold out | 40,000 | $4Kbefore exit |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | Sold out | 125,000 | $3Kbefore 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 | 463 | $15.6B | IVV, VOO, TD, RY, SPY |
| Q1 2026 | 411 | $14.6B | IVV, VOO, CNQ, TD, RY |
| Q4 2025Amended | 609 | $15.0B | IVV, VOO, SPY, RY, TD |
| Q3 2025Amended | 399 | $12.4B | IVV, SPY, VOO, RY, AEM |
| Q2 2025Amended | 471 | $11.8B | IVV, SPY, VOO, RY, TD |
| Q1 2025 | 700 | $13.9B | IVV, SPY, RY, TD, BN |
| Q4 2024 | 747 | $14.3B | IVV, SPY, RY, BN, TD |
| Q3 2024 | 713 | $11.0B | IVV, SPY, RY, TD, BN |
| Q2 2024 | 647 | $9.0B | IVV, SPY, RY, CNQ, SU |
| Q1 2024 | 959 | $9.4B | IVV, RY, TD, SU, CNQ |