BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp reported 678 stock positions worth $17.2 billion. Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 5.9% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Nvidia (NVDA, 4.8%). Compared with Q1 2025, it opened 10 new positions, sold out of 39, added to 75 and reduced 581. The biggest buy was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, shares +96%) and the biggest sale Apple (AAPL, shares −14%).

Most Recent 13F
Q2 2026
Location
VICTORIA, A1
CIK
0001228242
Portfolio Value
$17.2B (Q2 2025)
SEC Filing
0001228242-25-000012 ↗ filed Aug 14, 2025

Holdings Value

0$5.0B$10.0B$15.0B$20.0B Q1 2024: $14.5B Q1 2024 Q2 2024: $16.6B Q2 2024 Q3 2024: $16.7B Q3 2024 Q4 2024: $16.8B Q4 2024 Q1 2025: $16.2B Q1 2025 Q2 2025: $17.2B $17.2B Q2 2025 Q3 2025: $17.5B Q3 2025 Q4 2025: $18.9B Q4 2025 Q1 2026: $16.9B Q1 2026 Q2 2026: $16.0B Q2 2026

Holdings 678 stocks · $17.2B

HYG Ishr Ibx Usd Hiyld CB ETF-Ui 5.88% 12,528,218 $1.0B Add +96.5%
MSFT Microsoft Corp. 4.98% 1,721,867 $856.5M Reduce -13.0%
NVDA Nvidia Corp. 4.79% 5,215,192 $823.9M Reduce -13.9%
AAPL Apple Inc. 3.36% 2,813,659 $577.3M Reduce -14.4%
USHY iShares Broad Usd High Yield 3.14% 14,399,000 $540.1M Add +526.3%
AMZN Amazon.com Inc. 2.91% 2,281,777 $500.6M Reduce -11.6%
META Meta Platforms Inc. Class A 2.23% 518,250 $382.5M Reduce -14.6%
RY Royal Bank of Canada 2.17% 2,825,848 $372.7M Reduce -2.1%
AVGO Broadcom Inc. 1.73% 1,078,722 $297.3M Reduce -12.1%
GOOGL Alphabet Inc. Class A 1.58% 1,538,775 $271.2M Reduce -13.3%
TD Toronto-Dominion Bank 1.57% 3,656,147 $269.1M Reduce -17.0%
SHOP Shopify Inc. Class A 1.52% 2,265,068 $261.4M Reduce -22.6%
CP Canadian Pacific Kansas City 1.14% 2,463,076 $195.7M Reduce -6.4%
AEM Agnico Eagle Mines Ltd. 1.02% 1,475,116 $175.9M Add +32.5%
V Visa Inc. Class A 0.98% 472,512 $167.8M Reduce -12.3%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.93% 2,873,828 $159.0M Add +315.0%
TSLA Tesla Inc. 0.92% 496,658 $157.8M Reduce -13.2%
CNQ Canadian Natural Resources 0.83% 4,546,154 $143.0M Reduce -5.3%
GOOG Alphabet Inc. Class C 0.80% 779,429 $138.3M Reduce -18.2%
BAM Brookfield Asset Mgmt-A 0.78% 2,406,520 $133.3M Add +36.3%
TRP TC Energy Corp. 0.76% 2,670,923 $130.5M Add +25.9%
JPM JPMorgan Chase & Co. 0.74% 440,519 $127.7M Reduce -18.2%
WCN Waste Connections Inc. 0.74% 681,850 $127.4M Add +3.4%
JNK SS SPDR BB High Yield Bond 0.69% 1,221,000 $118.8M New
LLY Eli Lilly & Co. 0.66% 145,384 $113.3M Reduce -15.8%
CNI Canadian Natl Railway Co. 0.63% 1,039,445 $108.4M Add +12.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.63% 2,274,099 $107.6M Reduce -12.5%
RYN Rayonier Inc. 0.62% 4,842,552 $107.4M Add +15.2%
ENB Enbridge Inc. 0.61% 2,324,038 $105.5M Add +21.6%
BRK.B Berkshire Hathaway Inc. Class B 0.60% 211,099 $102.5M Reduce -17.1%
FNV Franco-Nevada Corp. 0.58% 610,478 $100.3M Reduce -9.2%
WPM Wheaton Precious Metals Corp. 0.58% 1,108,839 $99.8M Reduce -8.2%
NFLX Netflix Inc. 0.56% 71,509 $95.8M Reduce -12.5%
URI United Rentals Inc. 0.55% 125,913 $94.9M Reduce -2.3%
WMT Walmart Inc. 0.55% 966,401 $94.5M Reduce -14.0%
PBA Pembina Pipeline Corp. 0.53% 2,428,317 $91.2M Add +21.9%
INTU Intuit Inc. 0.53% 115,744 $91.2M Reduce -7.6%
WFC Wells Fargo & Co. 0.53% 1,131,781 $90.7M Add +4.5%
MFC Manulife Financial Corp. 0.51% 2,727,833 $87.3M Add +90.3%
SU Suncor Energy Inc. 0.49% 2,264,093 $84.9M Add +175.4%
SLF Sun Life Financial Inc. 0.49% 1,259,892 $83.9M Reduce -0.7%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.48% 739,598 $82.0M Add +18.3%
XLF SS Financial Select Sector 0.47% 1,556,964 $81.5M Add +12.7%
ORCL Oracle Corp. 0.45% 357,540 $78.2M Reduce -16.8%
EWJ iShares MSCI Japan ETF 0.45% 1,037,186 $77.8M Add +57.6%
BN Brookfield Corp. 0.45% 1,244,218 $77.1M Reduce -18.7%
SPGI S&P Global Inc. 0.44% 143,145 $75.5M Reduce -13.1%
AQN Algonquin Power & Utilities 0.44% 13,128,719 $75.2M Reduce -0.1%
VRTX Vertex Pharmaceuticals Inc. 0.43% 166,450 $74.1M Add +12.0%
BIP Brookfield Infrastructure Pa 0.43% 2,191,946 $73.5M Add +32.4%
XOM Exxon Mobil Corp. 0.43% 681,438 $73.5M Reduce -18.9%
FERG Ferguson Enterprises Inc. 0.43% 336,063 $73.2M Reduce -2.0%
MA Mastercard Inc. Class A 0.42% 128,306 $72.1M Reduce -43.1%
COST Costco Wholesale Corp. 0.40% 69,901 $69.2M Reduce -17.7%
WM Waste Management Inc. 0.40% 301,894 $69.1M Reduce -4.3%
UNH Unitedhealth Group Inc. 0.40% 217,869 $68.0M Reduce -49.5%
CCEP Coca-Cola Europacific Partne 0.39% 719,682 $66.7M Reduce -0.0%
FISV Fiserv Inc. 0.39% 385,088 $66.4M Reduce -5.2%
NOW ServiceNow Inc. 0.38% 64,002 $65.8M Reduce -15.9%
TECK Teck Resources Ltd.-CLS B 0.38% 1,603,063 $64.9M Add +28.3%
T AT&T Inc. 0.35% 2,072,261 $60.0M Reduce -9.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 481,667 $59.7M Reduce -11.3%
MCK McKesson Corp. 0.35% 81,020 $59.4M Add +233.7%
PG The Procter & Gamble Co. 0.34% 369,419 $58.9M Reduce -18.0%
SRE Sempra 0.34% 767,172 $58.1M Add +3.6%
JNJ Johnson & Johnson 0.34% 379,667 $58.0M Reduce -17.5%
HD Home Depot Inc. 0.33% 156,592 $57.4M Reduce -17.6%
LAD Lithia Motors Inc. 0.32% 164,000 $55.4M No change
A Agilent Technologies Inc. 0.32% 467,657 $55.2M Add +29.2%
LNG Cheniere Energy Inc. 0.32% 224,858 $54.8M Add +3.5%
CRM Salesforce Inc. 0.32% 200,579 $54.7M Reduce -13.6%
TMO Thermo Fisher Scientific Inc. 0.31% 132,471 $53.7M Reduce -22.3%
ABBV Abbvie Inc. 0.30% 278,699 $51.7M Reduce -17.5%
TMUS T-Mobile US Inc. 0.29% 208,660 $49.7M Reduce -11.8%
CCJ Cameco Corp. 0.28% 639,953 $47.6M Add +164.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.28% 148,538 $47.5M Reduce -4.8%
TRI Thomson Reuters Corp. 0.28% 236,029 $47.5M Reduce -41.5%
PLTR Palantir Technologies Inc. Class A 0.27% 337,479 $46.0M Reduce -16.1%
KO The Coca-Cola Co. 0.27% 644,120 $45.6M Reduce -17.7%
UBER Uber Technologies Inc. 0.26% 485,890 $45.3M Reduce -4.3%
PM Philip Morris International 0.26% 245,222 $44.7M Reduce -17.5%
NTR Nutrien Ltd. 0.26% 764,018 $44.5M Add +47.9%
EPAM Epam Systems Inc. 0.25% 247,093 $43.7M Reduce -20.0%
CSCO Cisco Systems Inc. 0.25% 626,782 $43.5M Reduce -17.7%
GE General Electric filed as GE AEROSPACE 0.25% 168,031 $43.2M Reduce -18.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.25% 146,090 $43.1M Reduce -17.4%
APD Air Products & Chemicals Inc. 0.25% 151,107 $42.6M Reduce -15.8%
CLS Celestica Inc. 0.25% 270,145 $42.2M Reduce -43.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.24% 331,604 $40.9M Add +54.2%
AMT American Tower Corp. 0.23% 175,480 $38.8M Add +1.3%
DHR Danaher Corp. 0.22% 193,851 $38.3M Reduce -8.8%
CVX Chevron Corp. 0.22% 261,423 $37.4M Reduce -19.9%
ABT Abbott Laboratories 0.22% 273,237 $37.2M Reduce -17.6%
ADI Analog Devices Inc. 0.21% 153,041 $36.4M Reduce -9.9%
AMD Advanced Micro Devices 0.21% 255,961 $36.3M Reduce -32.9%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.21% 509,362 $36.2M Reduce -67.3%
LRCX Lam Research Corp. 0.21% 371,139 $36.1M Reduce -10.6%
ISRG Intuitive Surgical Inc. 0.20% 64,642 $35.1M Reduce -15.3%
LIN Linde PLC 0.20% 74,508 $35.0M Reduce -47.9%
EXR Extra Space Storage Inc. 0.20% 235,390 $34.7M Reduce -3.0%

Show all 678 holdings

Portfolio Sells Q1 2025 → Q2 2025

AAPL Apple Inc. Reduce -14.4% 3.36% −1.14
UNH Unitedhealth Group Inc. Reduce -49.5% 0.40% −1.00
MA Mastercard Inc. Class A Reduce -43.1% 0.42% −0.34
CM Can Imperial BK of Commerce Reduce -67.3% 0.21% −0.33
BRK.B Berkshire Hathaway Inc. Class B Reduce -17.1% 0.60% −0.24
LLY Eli Lilly & Co. Reduce -15.8% 0.66% −0.22
IMO Imperial Oil Ltd. Reduce -74.6% 0.08% −0.22
TMO Thermo Fisher Scientific Inc. Reduce -22.3% 0.31% −0.21
LIN Linde PLC Reduce -47.9% 0.20% −0.21
SHOP Shopify Inc. Class A Reduce -22.6% 1.52% −0.19
XOM Exxon Mobil Corp. Reduce -18.9% 0.43% −0.19
V Visa Inc. Class A Reduce -12.3% 0.98% −0.19
FISV Fiserv Inc. Reduce -5.2% 0.39% −0.17
NEE Nextera Energy Inc. Reduce -51.0% 0.13% −0.16
TRI Thomson Reuters Corp. Reduce -41.5% 0.28% −0.15
KRE SS SPDR S&P Regional Bank Sold out 0.00% −0.14
ABBV Abbvie Inc. Reduce -17.5% 0.30% −0.14
JNJ Johnson & Johnson Reduce -17.5% 0.34% −0.13
PG The Procter & Gamble Co. Reduce -18.0% 0.34% −0.13
GIB Cgi Inc. Reduce -57.8% 0.09% −0.12
CVX Chevron Corp. Reduce -19.9% 0.22% −0.12
ATI Ati Inc. Sold out 0.00% −0.12
AMZN Amazon.com Inc. Reduce -11.6% 2.91% −0.11
GOOGL Alphabet Inc. Class A Reduce -13.3% 1.58% −0.11
GOOG Alphabet Inc. Class C Reduce -18.2% 0.80% −0.11
EME Emcor Group Inc. Reduce -87.5% 0.02% −0.11
HCA HCA Healthcare Inc. Reduce -63.8% 0.06% −0.11
TMUS T-Mobile US Inc. Reduce -11.8% 0.29% −0.10
HD Home Depot Inc. Reduce -17.6% 0.33% −0.09
COST Costco Wholesale Corp. Reduce -17.7% 0.40% −0.09
ACN Accenture PLC Class A Reduce -26.4% 0.17% −0.09
MRK Merck & Co. Inc. Reduce -18.1% 0.18% −0.08
KO The Coca-Cola Co. Reduce -17.7% 0.27% −0.08
CNQ Canadian Natural Resources Reduce -5.3% 0.83% −0.08
APD Air Products & Chemicals Inc. Reduce -15.8% 0.25% −0.08
EXAS Exact Sciences Corp. Sold out 0.00% −0.08
PEP Pepsico Inc. Reduce -17.7% 0.17% −0.08
SPGI S&P Global Inc. Reduce -13.1% 0.44% −0.08
MCD McDonald's Corp. Reduce -17.8% 0.19% −0.07
JPM JPMorgan Chase & Co. Reduce -18.2% 0.74% −0.07
FNV Franco-Nevada Corp. Reduce -9.2% 0.58% −0.07
EPAM Epam Systems Inc. Reduce -20.0% 0.25% −0.07
GLOB Globant SA Reduce -56.0% 0.03% −0.07
CRM Salesforce Inc. Reduce -13.6% 0.32% −0.07
TD Toronto-Dominion Bank Reduce -17.0% 1.57% −0.06
AMGN Amgen Inc. Reduce -17.6% 0.14% −0.06
BMY Bristol-Myers Squibb Co. Reduce -17.5% 0.09% −0.06
RL Ralph Lauren Corp. Sold out 0.00% −0.06
WMT Walmart Inc. Reduce -14.0% 0.55% −0.06
VZ Verizon Communications Inc. Reduce -17.4% 0.17% −0.06

Portfolio Buys Q1 2025 → Q2 2025

HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +96.5% 5.88% +2.78
USHY iShares Broad Usd High Yield Add +526.3% 3.14% +2.62
BNS Bank of Nova Scotia Add +315.0% 0.93% +0.72
JNK SS SPDR BB High Yield Bond New 0.69% +0.69
SU Suncor Energy Inc. Add +175.4% 0.49% +0.30
AEM Agnico Eagle Mines Ltd. Add +32.5% 1.02% +0.28
BAM Brookfield Asset Mgmt-A Add +36.3% 0.78% +0.25
MCK McKesson Corp. Add +233.7% 0.35% +0.24
MFC Manulife Financial Corp. Add +90.3% 0.51% +0.23
CCJ Cameco Corp. Add +164.4% 0.28% +0.22
SPY SS SPDR S&P 500 ETF Trust-US New 0.18% +0.18
EWJ iShares MSCI Japan ETF Add +57.6% 0.45% +0.17
REXR Rexford Industrial Realty Inc. New 0.14% +0.14
TRP TC Energy Corp. Add +25.9% 0.76% +0.14
XLB SS Materials Select Sector New 0.14% +0.14
BIP Brookfield Infrastructure Pa Add +32.4% 0.43% +0.12
AMH American Homes 4 Rent- A Add +849.8% 0.13% +0.11
BMO Bank of Montreal Add +18.3% 0.48% +0.11
RCL Royal Caribbean Cruises Ltd. Add +91.2% 0.17% +0.11
NTR Nutrien Ltd. Add +47.9% 0.26% +0.10
HWM Howmet Aerospace Inc. Add +95.2% 0.16% +0.10
TECK Teck Resources Ltd.-CLS B Add +28.3% 0.38% +0.10
ENB Enbridge Inc. Add +21.6% 0.61% +0.09
TJX TJX Companies Inc. Add +54.2% 0.24% +0.08
CNI Canadian Natl Railway Co. Add +12.2% 0.63% +0.08
RBA RB Global Inc. Add +70.8% 0.16% +0.07
A Agilent Technologies Inc. Add +29.2% 0.32% +0.06
EFA iShares MSCI Eafe ETF New 0.05% +0.05
XLF SS Financial Select Sector Add +12.7% 0.47% +0.05
WFC Wells Fargo & Co. Add +4.5% 0.53% +0.05
PLNT Planet Fitness Inc. Class A New 0.05% +0.05
COF Capital One Financial Corp. Add +38.0% 0.12% +0.04
GRAB Grab Holdings Ltd. Class A Add +79.8% 0.09% +0.04
EMA Emera Inc. New 0.04% +0.04
CVS CVS Health Corp. Add +46.0% 0.14% +0.04
PBA Pembina Pipeline Corp. Add +21.9% 0.53% +0.04
LINE Lineage Inc. New 0.04% +0.04
YUMC Yum China Holdings Inc. Add +103.1% 0.08% +0.03
COLD Americold Realty Trust Inc. New 0.02% +0.02
JBS JBS NV-A New 0.01% +0.01
SRE Sempra Add +3.6% 0.34% +0.01
STN Stantec Inc. Add +7.8% 0.04% +0.01
LNG Cheniere Energy Inc. Add +3.5% 0.32% +0.01
TEAM Atlassian Corp. Class A Add +18.0% 0.12% +0.01
INVH Invitation Homes Inc. Add +43.8% 0.03% +0.01
NXE Nexgen Energy Ltd. Add +7.9% 0.01% +0.01
EQX Equinox Gold Corp. Add +84.2% 0.01% +0.00
HBM Hudbay Minerals Inc. Add +7.8% 0.01% +0.00
BTG B2GOLD Corp. Add +7.9% 0.02% +0.00
PAAS Pan American Silver Corp. Add +7.8% 0.04% +0.00

Notes & Other Activity Q1 2025 → Q2 2025

OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Sold out 4,506 $125Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 658$16.0BNVDA, AAPL, TD, RY, USHY
Q1 2026 688$16.9BHYG, USHY, NVDA, AAPL, BG
Q4 2025 696$18.9BNVDA, HYG, AAPL, MSFT, USHY
Q3 2025 683$17.5BNVDA, HYG, MSFT, AAPL, USHY
Q2 2025 678$17.2BHYG, MSFT, NVDA, AAPL, USHY
Q1 2025 707$16.2BMSFT, AAPL, NVDA, HYG, AMZN
Q4 2024 727$16.8BNVDA, MSFT, AAPL, AMZN, HYG
Q3 2024 725$16.7BTD, MSFT, NVDA, AAPL, RY
Q2 2024 732$16.6BMSFT, NVDA, TD, AAPL, HYG
Q1 2024 788$14.5BMSFT, TD, NVDA, HYG, RY