Caisse de depot et placement du Quebec
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Caisse de depot et placement du Quebec reported 705 stock positions worth $70.2 billion. Its top holding was Apple (AAPL) at 3.8% of the portfolio, followed by Nvidia (NVDA, 3.6%) and Canadian Natl Railway (CNI, 3.2%). Compared with Q1 2026, it opened 110 new positions, sold out of 91, added to 288 and reduced 282. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +295%) and the biggest sale Nvidia (NVDA, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- Montreal, A8
- CIK
- 0000898286
- Portfolio Value
- $70.2B (Q2 2026)
- SEC Filing
- 0001140361-26-033187 ↗ filed Aug 14, 2026
Holdings Value
Holdings 705 stocks · $70.2B
| AAPL Apple Inc. | 3.85% | 9,333,869 | $2.7B | Reduce -15.8% |
| NVDA Nvidia Corp. | 3.56% | 12,504,221 | $2.5B | Reduce -20.8% |
| CNI Canadian Natl Railway Co. | 3.22% | 18,962,558 | $2.3B | Add +0.9% |
| MSFT Microsoft Corp. | 3.21% | 6,041,152 | $2.3B | Add +21.4% |
| GOOGL Alphabet Inc. Class A | 2.68% | 5,269,086 | $1.9B | Reduce -20.9% |
| META Meta Platforms Inc. Class A | 1.96% | 2,442,888 | $1.4B | Add +20.1% |
| AMZN Amazon.com Inc. | 1.92% | 5,641,092 | $1.3B | Reduce -2.1% |
| GIB Cgi Inc. | 1.50% | 16,290,487 | $1.1B | No change |
| LLY Eli Lilly & Co. | 1.38% | 805,809 | $966.5M | Add +17.4% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 1.36% | 5,419,567 | $957.5M | No change |
| TFII Tfi International Inc. | 1.30% | 6,331,000 | $911.0M | Reduce -11.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.28% | 1,802,377 | $901.9M | Add +9.9% |
| AMAT Applied Materials Inc. | 1.26% | 1,224,807 | $885.5M | Reduce -3.3% |
| RSP Invesco S&P 500 Equal Weight | 1.21% | 3,978,321 | $846.5M | Add +294.8% |
| CAE Cae Inc. | 1.10% | 30,917,402 | $773.8M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.09% | 3,511,326 | $765.2M | Add +35.8% |
| BCE Bce Inc. | 1.05% | 34,107,306 | $734.4M | No change |
| JPM JPMorgan Chase & Co. | 1.00% | 2,151,724 | $704.3M | Reduce -10.0% |
| AVGO Broadcom Inc. | 0.98% | 1,826,045 | $689.8M | Reduce -16.8% |
| MA Mastercard Inc. Class A | 0.93% | 1,268,801 | $651.7M | Reduce -12.4% |
| LRCX Lam Research Corp. | 0.89% | 1,446,858 | $627.0M | Add +89.3% |
| MU Micron Technology Inc. | 0.87% | 531,635 | $613.7M | Reduce -31.6% |
| GIL Gildan Activewear Inc. | 0.86% | 11,679,294 | $601.9M | Add +11.9% |
| JNJ Johnson & Johnson | 0.82% | 2,259,196 | $573.8M | Reduce -24.3% |
| MRK Merck & Co. Inc. | 0.81% | 4,448,107 | $571.6M | Add +17.1% |
| UNH Unitedhealth Group Inc. | 0.81% | 1,363,607 | $566.8M | Add +5.3% |
| CSCO Cisco Systems Inc. | 0.79% | 4,711,992 | $553.5M | Reduce -15.3% |
| TSLA Tesla Inc. | 0.75% | 1,246,039 | $524.1M | Add +14.0% |
| GOOG Alphabet Inc. Class C | 0.71% | 1,418,035 | $501.0M | Reduce -5.9% |
| PGR Progressive Corp. | 0.70% | 2,251,862 | $491.9M | Add +36.9% |
| TXN Texas Instruments Inc. | 0.69% | 1,626,957 | $484.9M | Add +29.3% |
| COST Costco Wholesale Corp. | 0.63% | 469,190 | $438.9M | Reduce -6.1% |
| ABBV Abbvie Inc. | 0.59% | 1,641,631 | $413.1M | Add +1.8% |
| WMT Walmart Inc. | 0.57% | 3,532,526 | $400.1M | Add +8.4% |
| C Citigroup Inc. | 0.57% | 2,840,820 | $397.6M | Reduce -5.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.55% | 2,544,960 | $385.6M | Add +31.3% |
| USHY iShares Broad Usd High Yield | 0.53% | 10,057,165 | $372.3M | No change |
| TD Toronto-Dominion Bank | 0.52% | 2,995,594 | $364.1M | Add +1.8% |
| KLAC KLA Corp. | 0.52% | 1,202,870 | $362.9M | Add +164.9% |
| RY Royal Bank of Canada | 0.51% | 1,740,913 | $360.4M | Reduce -5.8% |
| AMD Advanced Micro Devices | 0.49% | 587,528 | $341.3M | Reduce -25.3% |
| INTC Intel Corp. | 0.45% | 2,266,402 | $316.5M | Add +26.6% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.45% | 3,927,162 | $314.1M | Add +22.6% |
| KO The Coca-Cola Co. | 0.41% | 3,582,530 | $291.2M | Add +34.6% |
| NEE Nextera Energy Inc. | 0.41% | 3,291,400 | $288.9M | Reduce -3.4% |
| PHM Pultegroup Inc. | 0.41% | 2,091,909 | $287.0M | Reduce -6.8% |
| TRP TC Energy Corp. | 0.40% | 4,288,745 | $283.9M | Add +4.0% |
| AZN Astrazeneca PLC | 0.39% | 1,463,843 | $273.9M | New |
| XLV SS Health Care Select Sector | 0.38% | 1,693,225 | $268.6M | Reduce -21.0% |
| GM General Motors Co. | 0.38% | 3,450,349 | $266.0M | Add +42.2% |
| GILD Gilead Sciences Inc. | 0.38% | 2,083,390 | $263.2M | Add +34.9% |
| COR Cencora Inc. | 0.37% | 914,234 | $258.7M | Add +74.0% |
| ENB Enbridge Inc. | 0.37% | 4,727,626 | $256.3M | Add +5.7% |
| LSPD Lightspeed Commerce Inc. | 0.36% | 24,286,219 | $254.2M | No change |
| ANET Arista Networks Inc. | 0.36% | 1,483,126 | $252.0M | Reduce -22.4% |
| WFC Wells Fargo & Co. | 0.35% | 2,987,358 | $246.9M | Add +13.7% |
| DUK Duke Energy Corp. | 0.35% | 1,949,212 | $246.7M | Add +23.0% |
| FIX Comfort Systems USA Inc. | 0.35% | 123,032 | $243.8M | Add +54.0% |
| BMY Bristol-Myers Squibb Co. | 0.35% | 4,228,503 | $243.6M | Add +185.0% |
| BAC Bank of America Corp. | 0.34% | 4,246,623 | $242.0M | Reduce -43.4% |
| XLP SS Consumer Staples Sel Sect | 0.34% | 2,842,914 | $236.2M | Add +58.9% |
| BKNG Booking Holdings Inc. | 0.33% | 1,289,582 | $229.9M | Add +23.3% |
| CP Canadian Pacific Kansas City | 0.33% | 2,635,370 | $228.4M | Add +25.6% |
| T AT&T Inc. | 0.32% | 10,815,261 | $223.9M | Reduce -16.7% |
| GS Goldman Sachs Group Inc. | 0.30% | 209,998 | $212.4M | Reduce -24.3% |
| PG The Procter & Gamble Co. | 0.30% | 1,438,702 | $211.0M | Reduce -27.1% |
| BLK BlackRock Inc. | 0.30% | 218,804 | $210.4M | Add +67.5% |
| DG Dollar General Corp. | 0.29% | 1,786,391 | $205.6M | Add +160.7% |
| XLF SS Financial Select Sector | 0.29% | 3,761,841 | $201.7M | Reduce -6.0% |
| EXPE Expedia Group Inc. | 0.29% | 785,137 | $200.9M | Add +44.2% |
| HWM Howmet Aerospace Inc. | 0.28% | 732,647 | $197.0M | Reduce -4.0% |
| ADI Analog Devices Inc. | 0.28% | 493,064 | $195.8M | Add +41.3% |
| SCHW Schwab (charles) Corp. | 0.28% | 2,119,943 | $195.6M | Add +833.1% |
| CI The Cigna Group | 0.28% | 709,484 | $195.6M | Add +60.8% |
| HAL Halliburton Co. | 0.28% | 5,734,170 | $194.7M | Add +6.8% |
| NVR NVR Inc. | 0.28% | 28,490 | $194.1M | Add +4.5% |
| LIN Linde PLC | 0.28% | 373,675 | $193.9M | Add +22.4% |
| MSI Motorola Solutions Inc. | 0.27% | 459,743 | $190.9M | Add +36.1% |
| ODFL Old Dominion Freight Line | 0.27% | 879,764 | $190.6M | Add +66.7% |
| TER Teradyne Inc. | 0.27% | 384,829 | $186.2M | Add +37.1% |
| RBA RB Global Inc. | 0.26% | 1,577,664 | $183.7M | Reduce -18.2% |
| AFL Aflac Inc. | 0.26% | 1,560,626 | $183.0M | Add +36.8% |
| SNA Snap-on Inc. | 0.26% | 452,210 | $182.0M | Add +16.5% |
| MFC Manulife Financial Corp. | 0.26% | 4,466,755 | $181.1M | Reduce -0.5% |
| GWW WW Grainger Inc. | 0.25% | 131,258 | $178.6M | Add +29.5% |
| ADBE Adobe Inc. | 0.25% | 867,637 | $177.9M | Add +18.2% |
| ICE Intercontinental Exchange Inc. | 0.25% | 1,417,153 | $174.5M | Add +50.6% |
| TT Trane Technologies PLC | 0.25% | 353,078 | $173.4M | Add +1663.4% |
| MS Morgan Stanley | 0.24% | 822,094 | $171.9M | Add +45.8% |
| WDC Western Digital Corp. | 0.24% | 266,834 | $170.4M | Reduce -25.6% |
| EXPD Expeditors Intl Wash Inc. | 0.24% | 1,041,018 | $169.7M | Reduce -6.1% |
| ALL Allstate Corp. | 0.24% | 701,298 | $166.9M | Add +17.8% |
| BAM Brookfield Asset Mgmt-A | 0.24% | 3,679,099 | $165.0M | Add +431.7% |
| MRSH Marsh & McLennan Cos | 0.23% | 982,538 | $163.8M | Add +38.3% |
| HD Home Depot Inc. | 0.23% | 463,944 | $163.6M | Reduce -49.1% |
| SHOP Shopify Inc. Class A | 0.23% | 1,426,749 | $163.2M | Add +2.4% |
| TMUS T-Mobile US Inc. | 0.23% | 969,922 | $162.7M | Reduce -9.2% |
| APP AppLovin Corp. Class A | 0.23% | 313,170 | $161.4M | Add +1242.7% |
| AIG American International Group | 0.23% | 2,135,326 | $159.1M | Reduce -24.0% |
| NFLX Netflix Inc. | 0.22% | 2,206,781 | $157.6M | Reduce -17.4% |
Portfolio Sells Q1 2026 → Q2 2026
| NVDA Nvidia Corp. | Reduce -20.8% | 3.56% | −0.85 |
| AAPL Apple Inc. | Reduce -15.8% | 3.85% | −0.66 |
| ABT Abbott Laboratories | Reduce -77.1% | 0.10% | −0.46 |
| PEP Pepsico Inc. | Reduce -61.9% | 0.16% | −0.39 |
| GOOGL Alphabet Inc. Class A | Reduce -20.9% | 2.68% | −0.38 |
| JNJ Johnson & Johnson | Reduce -24.3% | 0.82% | −0.35 |
| T AT&T Inc. | Reduce -16.7% | 0.32% | −0.28 |
| CAT Caterpillar Inc. | Reduce -69.2% | 0.18% | −0.26 |
| HD Home Depot Inc. | Reduce -49.1% | 0.23% | −0.25 |
| BAC Bank of America Corp. | Reduce -43.4% | 0.34% | −0.24 |
| LHX L3HARRIS Technologies Inc. | Reduce -99.2% | 0.00% | −0.24 |
| MA Mastercard Inc. Class A | Reduce -12.4% | 0.93% | −0.23 |
| CBRE CBRE Group Inc. Class A | Reduce -97.5% | 0.00% | −0.20 |
| CTAS Cintas Corp. | Reduce -84.7% | 0.03% | −0.19 |
| NFLX Netflix Inc. | Reduce -17.4% | 0.22% | −0.19 |
| REGN Regeneron Pharmaceuticals | Reduce -23.8% | 0.22% | −0.18 |
| ULTA Ulta Beauty Inc. | Reduce -68.8% | 0.06% | −0.18 |
| CRM Salesforce Inc. | Reduce -51.5% | 0.10% | −0.18 |
| COST Costco Wholesale Corp. | Reduce -6.1% | 0.63% | −0.17 |
| UAL United Airlines Holdings Inc. | Reduce -98.7% | 0.00% | −0.16 |
| PG The Procter & Gamble Co. | Reduce -27.1% | 0.30% | −0.16 |
| HON Honeywell International Inc. | Reduce -28.6% | 0.07% | −0.15 |
| EME Emcor Group Inc. | Reduce -43.5% | 0.19% | −0.15 |
| BKR Baker Hughes Co. | Reduce -33.8% | 0.17% | −0.15 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.15 |
| PFE Pfizer Inc. | Reduce -90.4% | 0.01% | −0.14 |
| TMUS T-Mobile US Inc. | Reduce -9.2% | 0.23% | −0.13 |
| UBER Uber Technologies Inc. | Reduce -43.3% | 0.13% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -10.0% | 1.00% | −0.12 |
| ETN Eaton Corp. PLC | Reduce -88.4% | 0.02% | −0.12 |
| V Visa Inc. Class A | Reduce -58.4% | 0.09% | −0.12 |
| XLV SS Health Care Select Sector | Reduce -21.0% | 0.38% | −0.12 |
| SPG Simon Property Group Inc. | Reduce -40.1% | 0.21% | −0.12 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.12 |
| AIG American International Group | Reduce -24.0% | 0.23% | −0.11 |
| UTHR United Therapeutics Corp. | Reduce -17.1% | 0.22% | −0.11 |
| AVGO Broadcom Inc. | Reduce -16.8% | 0.98% | −0.11 |
| IDXX Idexx Laboratories Inc. | Reduce -32.1% | 0.13% | −0.10 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −0.10 |
| WAB Wabtec Corp. | Reduce -98.0% | 0.00% | −0.10 |
| UNP Union Pacific Corp. | Reduce -79.8% | 0.02% | −0.10 |
| RACE Ferrari NV | Reduce -57.5% | 0.07% | −0.10 |
| VMRK Vivmark Residential | Reduce -73.2% | 0.04% | −0.10 |
| AEM Agnico Eagle Mines Ltd. | Reduce -17.3% | 0.12% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -3.4% | 0.41% | −0.10 |
| CSX CSX Corp. | Reduce -56.9% | 0.08% | −0.10 |
| EW Edwards Lifesciences Corp. | Reduce -43.6% | 0.12% | −0.10 |
| LULU Lululemon Athletica Inc. | Reduce -40.6% | 0.06% | −0.09 |
| PSA Public Storage | Reduce -52.2% | 0.09% | −0.09 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q1 2026 → Q2 2026
| RSP Invesco S&P 500 Equal Weight | Add +294.8% | 1.21% | +0.90 |
| LRCX Lam Research Corp. | Add +89.3% | 0.89% | +0.63 |
| KLAC KLA Corp. | Add +164.9% | 0.52% | +0.41 |
| AZN Astrazeneca PLC | New | 0.39% | +0.39 |
| LLY Eli Lilly & Co. | Add +17.4% | 1.38% | +0.37 |
| INTC Intel Corp. | Add +26.6% | 0.45% | +0.32 |
| TXN Texas Instruments Inc. | Add +29.3% | 0.69% | +0.30 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +35.8% | 1.09% | +0.28 |
| MSFT Microsoft Corp. | Add +21.4% | 3.21% | +0.26 |
| UNH Unitedhealth Group Inc. | Add +5.3% | 0.81% | +0.25 |
| SCHW Schwab (charles) Corp. | Add +833.1% | 0.28% | +0.24 |
| TT Trane Technologies PLC | Add +1663.4% | 0.25% | +0.23 |
| APP AppLovin Corp. Class A | Add +1242.7% | 0.23% | +0.21 |
| SRE Sempra | Add +2398.6% | 0.22% | +0.21 |
| PH Parker Hannifin Corp. | Add +2666.0% | 0.21% | +0.21 |
| BMY Bristol-Myers Squibb Co. | Add +185.0% | 0.35% | +0.20 |
| SNDK Sandisk Corp. | New | 0.19% | +0.19 |
| BAM Brookfield Asset Mgmt-A | Add +431.7% | 0.24% | +0.19 |
| PGR Progressive Corp. | Add +36.9% | 0.70% | +0.18 |
| FIX Comfort Systems USA Inc. | Add +54.0% | 0.35% | +0.17 |
| DG Dollar General Corp. | Add +160.7% | 0.29% | +0.16 |
| CNI Canadian Natl Railway Co. | Add +0.9% | 3.22% | +0.14 |
| TER Teradyne Inc. | Add +37.1% | 0.27% | +0.13 |
| TTWO Take-Two Interactive Softwre | New | 0.13% | +0.13 |
| QCOM Qualcomm Inc. | Add +170.6% | 0.18% | +0.13 |
| AMP Ameriprise Financial Inc. | Add +692.1% | 0.15% | +0.13 |
| PEG Public Service Enterprise GP | Add +471.0% | 0.16% | +0.12 |
| ORCL Oracle Corp. | New | 0.12% | +0.12 |
| CNC Centene Corp. | Add +813.7% | 0.13% | +0.12 |
| ROST Ross Stores Inc. | Add +147.1% | 0.22% | +0.12 |
| USB US Bancorp | Add +423.1% | 0.14% | +0.12 |
| NBIX Neurocrine Biosciences Inc. | Add +476.8% | 0.13% | +0.11 |
| ODFL Old Dominion Freight Line | Add +66.7% | 0.27% | +0.11 |
| NDSN Nordson Corp. | Add +333.5% | 0.14% | +0.11 |
| COR Cencora Inc. | Add +74.0% | 0.37% | +0.10 |
| XLP SS Consumer Staples Sel Sect | Add +58.9% | 0.34% | +0.10 |
| ADI Analog Devices Inc. | Add +41.3% | 0.28% | +0.10 |
| CIEN Ciena Corp. | Add +210.6% | 0.14% | +0.10 |
| BLK BlackRock Inc. | Add +67.5% | 0.30% | +0.10 |
| TRV The Travelers Cos Inc. | Add +103.4% | 0.19% | +0.10 |
| PLD Prologis Inc. | Add +100.5% | 0.22% | +0.10 |
| IWD iShares Russell 1000 Value E | New | 0.10% | +0.10 |
| MS Morgan Stanley | Add +45.8% | 0.24% | +0.10 |
| META Meta Platforms Inc. Class A | Add +20.1% | 1.96% | +0.10 |
| TSLA Tesla Inc. | Add +14.0% | 0.75% | +0.10 |
| SYF Synchrony Financial | Add +143.1% | 0.16% | +0.10 |
| XME SS SPDR S&P Metals Mining | New | 0.09% | +0.09 |
| KNX Knight-Swift Transportation | New | 0.09% | +0.09 |
| DE Deere & Co. | Add +76.2% | 0.21% | +0.09 |
| KO The Coca-Cola Co. | Add +34.6% | 0.41% | +0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 705 | $70.2B | AAPL, NVDA, CNI, MSFT, GOOGL |
| Q1 2026 | 684 | $62.4B | AAPL, NVDA, CNI, GOOGL, MSFT |
| Q4 2025 | 540 | $59.0B | AAPL, NVDA, MSFT, GOOGL, GIB |
| Q3 2025 | 539 | $55.5B | NVDA, MSFT, AAPL, GIB, GOOGL |
| Q2 2025 | 478 | $46.8B | MSFT, NVDA, AAPL, GIB, CNI |
| Q1 2025 | 591 | $47.7B | AAPL, GIB, MSFT, NVDA, CNI |
| Q4 2024 | 516 | $48.1B | AAPL, MSFT, GIB, NVDA, CNI |
| Q3 2024 | 495 | $50.3B | MSFT, AAPL, NVDA, GIB, CNI |
| Q2 2024 | 460 | $41.2B | MSFT, NVDA, AAPL, GIB, CNI |
| Q1 2024 | 481 | $41.6B | GIB, MSFT, NVDA, CNI, AAPL |