Caisse de depot et placement du Quebec
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Caisse de depot et placement du Quebec reported 481 stock positions worth $41.6 billion. Its top holding was Cgi (GIB) at 5.0% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Nvidia (NVDA, 4.0%). Compared with Q4 2023, it opened 88 new positions, sold out of 86, added to 185 and reduced 193. The biggest buy was Vanguard Real Estate ETF (VNQ, shares +2015%) and the biggest sale iShares JP Morgan Usd Emergi (EMB, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- Montreal, A8
- CIK
- 0000898286
- Portfolio Value
- $41.6B (Q1 2024)
- SEC Filing
- 0001140361-24-025999 ↗ filed May 14, 2024
Holdings Value
Holdings 481 stocks · $41.6B
| GIB Cgi Inc. | 5.04% | 18,948,365 | $2.1B | No change |
| MSFT Microsoft Corp. | 4.39% | 4,341,167 | $1.8B | Reduce -8.1% |
| NVDA Nvidia Corp. | 4.02% | 1,851,040 | $1.7B | Reduce -10.2% |
| CNI Canadian Natl Railway Co. | 3.96% | 12,496,600 | $1.6B | Reduce -2.0% |
| AAPL Apple Inc. | 3.17% | 7,674,240 | $1.3B | Reduce -8.1% |
| META Meta Platforms Inc. Class A | 2.25% | 1,923,182 | $933.9M | Reduce -3.7% |
| GOOGL Alphabet Inc. Class A | 1.99% | 5,472,089 | $825.9M | Reduce -6.7% |
| MA Mastercard Inc. Class A | 1.95% | 1,683,144 | $810.6M | Reduce -7.0% |
| AMZN Amazon.com Inc. | 1.63% | 3,758,662 | $678.0M | Add +1.6% |
| CSCO Cisco Systems Inc. | 1.51% | 12,555,257 | $626.6M | Reduce -21.1% |
| BCE Bce Inc. | 1.42% | 17,407,788 | $592.1M | Add +20.4% |
| LLY Eli Lilly & Co. | 1.32% | 707,368 | $550.3M | Add +23.7% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.31% | 5,558,955 | $543.3M | Reduce -0.5% |
| CAE Cae Inc. | 1.22% | 24,604,237 | $508.5M | No change |
| MRK Merck & Co. Inc. | 1.20% | 3,793,638 | $500.6M | Reduce -25.8% |
| JNJ Johnson & Johnson | 1.13% | 2,977,313 | $471.0M | Add +7.7% |
| AVGO Broadcom Inc. | 0.98% | 306,607 | $406.4M | Add +4.8% |
| VNQ Vanguard Real Estate ETF | 0.96% | 4,620,200 | $399.6M | Add +2015.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.86% | 855,109 | $357.4M | Add +6.4% |
| GOOG Alphabet Inc. Class C | 0.86% | 2,337,492 | $355.9M | Add +16.6% |
| VZ Verizon Communications Inc. | 0.85% | 8,392,214 | $352.1M | Add +0.4% |
| XLP SS Consumer Staples Sel Sect | 0.85% | 4,599,800 | $351.2M | Add +16.0% |
| INTC Intel Corp. | 0.84% | 7,874,877 | $347.8M | Reduce -22.3% |
| LSPD Lightspeed Commerce Inc. | 0.82% | 24,286,219 | $341.9M | No change |
| TFII Tfi International Inc. | 0.79% | 2,061,000 | $329.0M | Add +3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.78% | 771,089 | $324.3M | Reduce -7.3% |
| PFE Pfizer Inc. | 0.76% | 11,433,418 | $317.3M | Reduce -15.0% |
| ELV Elevance Health Inc. | 0.76% | 608,894 | $315.7M | Reduce -25.5% |
| MCK McKesson Corp. | 0.73% | 567,651 | $304.7M | Reduce -9.6% |
| MRSH Marsh & McLennan Cos | 0.69% | 1,391,480 | $286.6M | Reduce -12.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.69% | 4,350,800 | $285.6M | Reduce -13.4% |
| UNH Unitedhealth Group Inc. | 0.68% | 568,082 | $281.0M | Add +52.4% |
| V Visa Inc. Class A | 0.68% | 1,005,887 | $280.7M | Reduce -5.1% |
| COST Costco Wholesale Corp. | 0.63% | 359,036 | $263.0M | Add +2.0% |
| T AT&T Inc. | 0.63% | 14,841,727 | $261.2M | Reduce -14.7% |
| CL Colgate-Palmolive Co. | 0.60% | 2,789,186 | $251.2M | Add +29.1% |
| ADBE Adobe Inc. | 0.59% | 488,089 | $246.3M | Add +24.5% |
| CRM Salesforce Inc. | 0.58% | 806,526 | $242.9M | Add +39.5% |
| MDT Medtronic PLC | 0.55% | 2,634,970 | $229.6M | Add +14.0% |
| XLF SS Financial Select Sector | 0.55% | 5,395,600 | $227.3M | Reduce -60.5% |
| JPM JPMorgan Chase & Co. | 0.53% | 1,101,010 | $220.5M | Add +72.2% |
| REGN Regeneron Pharmaceuticals | 0.53% | 228,001 | $219.4M | Reduce -12.4% |
| AMAT Applied Materials Inc. | 0.53% | 1,060,774 | $218.8M | Add +13.3% |
| LEN Lennar Corp. Class A | 0.52% | 1,256,615 | $216.1M | Add +20.2% |
| ICE Intercontinental Exchange Inc. | 0.51% | 1,540,625 | $211.7M | Add +14.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.50% | 1,092,078 | $208.5M | Add +10.4% |
| PEP Pepsico Inc. | 0.50% | 1,182,946 | $207.0M | Reduce -47.1% |
| WM Waste Management Inc. | 0.49% | 953,103 | $203.2M | Reduce -47.9% |
| WMT Walmart Inc. | 0.49% | 3,352,608 | $201.7M | Reduce -15.5% |
| MDLZ Mondelez International Inc. Class A | 0.48% | 2,865,810 | $200.6M | Reduce -3.2% |
| RY Royal Bank of Canada | 0.48% | 1,977,324 | $199.6M | Reduce -23.0% |
| BAH Booz Allen Hamilton Holdings | 0.45% | 1,265,451 | $187.8M | Reduce -20.9% |
| C Citigroup Inc. | 0.45% | 2,942,708 | $186.1M | Reduce -25.4% |
| AZO AutoZone Inc. | 0.45% | 59,031 | $186.0M | Reduce -11.7% |
| CMCSA Comcast Corp. Class A | 0.44% | 4,188,375 | $181.6M | Reduce -22.4% |
| DHI D.R. Horton Inc. | 0.42% | 1,063,617 | $175.0M | Add +32.7% |
| NFLX Netflix Inc. | 0.42% | 286,995 | $174.3M | Add +22.4% |
| D Dominion Energy Inc. | 0.41% | 3,445,123 | $169.5M | Reduce -12.1% |
| YUM Yum! Brands Inc. | 0.40% | 1,213,002 | $168.2M | Reduce -0.0% |
| AEE Ameren Corporation | 0.40% | 2,266,267 | $167.6M | Reduce -11.9% |
| RSG Republic Services Inc. | 0.40% | 866,273 | $165.8M | Add +279.0% |
| ROP Roper Technologies Inc. | 0.39% | 291,000 | $163.2M | Reduce -16.1% |
| PHM Pultegroup Inc. | 0.39% | 1,340,633 | $161.7M | Add +24.4% |
| DUK Duke Energy Corp. | 0.37% | 1,595,694 | $154.3M | Add +39.6% |
| ACN Accenture PLC Class A | 0.37% | 444,269 | $154.0M | Add +69.2% |
| BKNG Booking Holdings Inc. | 0.37% | 42,365 | $153.7M | Add +35.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.36% | 914,000 | $148.9M | New |
| UBER Uber Technologies Inc. | 0.35% | 1,882,377 | $144.9M | Add +40.9% |
| PG The Procter & Gamble Co. | 0.35% | 889,233 | $144.3M | Add +43.2% |
| CNC Centene Corp. | 0.34% | 1,822,577 | $143.0M | Add +57.5% |
| DELL Dell Technologies -C | 0.34% | 1,243,259 | $141.9M | Add +32.9% |
| CI The Cigna Group | 0.34% | 385,019 | $139.8M | Add +33.8% |
| COR Cencora Inc. | 0.34% | 575,196 | $139.8M | Add +68.0% |
| NVR NVR Inc. | 0.34% | 17,196 | $139.3M | Add +5.8% |
| ORCL Oracle Corp. | 0.33% | 1,096,218 | $137.7M | Reduce -29.9% |
| BLDR Builders Firstsource Inc. | 0.33% | 650,535 | $135.7M | Add +8.8% |
| SPGI S&P Global Inc. | 0.32% | 312,565 | $133.0M | Add +68.5% |
| NUE Nucor Corp. | 0.32% | 671,689 | $132.9M | Add +15.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.31% | 1,458,958 | $129.0M | Add +49.3% |
| BN Brookfield Corp. | 0.31% | 3,072,347 | $128.7M | Reduce -20.3% |
| LULU Lululemon Athletica Inc. | 0.30% | 323,218 | $126.3M | Add +17.1% |
| GILD Gilead Sciences Inc. | 0.30% | 1,702,739 | $124.7M | Reduce -25.9% |
| LNG Cheniere Energy Inc. | 0.30% | 766,136 | $123.6M | Add +12.6% |
| ULTA Ulta Beauty Inc. | 0.30% | 236,228 | $123.5M | Reduce -23.3% |
| PGR Progressive Corp. | 0.30% | 593,840 | $122.8M | Reduce -19.8% |
| J Jacobs Solutions Inc. | 0.29% | 796,391 | $122.4M | Add +71.6% |
| STLD Steel Dynamics Inc. | 0.29% | 825,597 | $122.4M | Add +0.3% |
| MELI MercadoLibre Inc. | 0.29% | 80,805 | $122.2M | Add +44.0% |
| BMY Bristol-Myers Squibb Co. | 0.29% | 2,248,861 | $122.0M | Reduce -24.3% |
| GE General Electric | 0.28% | 672,730 | $118.1M | Add +166.8% |
| FERG Ferguson Jersey Ltd. | 0.28% | 537,091 | $117.3M | Add +18.9% |
| ES Eversource Energy | 0.28% | 1,959,020 | $117.1M | Reduce -0.4% |
| NKE Nike Inc. Class B | 0.28% | 1,241,041 | $116.6M | Add +45.2% |
| GS Goldman Sachs Group Inc. | 0.28% | 275,836 | $115.2M | Add +486.3% |
| CB Chubb Ltd. | 0.27% | 435,273 | $112.8M | Add +6.5% |
| TSLA Tesla Inc. | 0.26% | 625,772 | $110.0M | Reduce -25.5% |
| GDX Vaneck Gold Miners ETF | 0.26% | 3,452,320 | $109.2M | Reduce -22.5% |
| BSX Boston Scientific Corp. | 0.26% | 1,579,488 | $108.2M | Add +68.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.26% | 106,066 | $107.9M | Reduce -2.7% |
| ENB Enbridge Inc. | 0.26% | 2,970,050 | $107.4M | Reduce -28.6% |
Portfolio Sells Q4 2023 → Q1 2024
| EMB iShares JP Morgan Usd Emergi | Reduce -99.0% | 0.01% | −1.11 |
| AAPL Apple Inc. | Reduce -8.1% | 3.17% | −0.92 |
| XLF SS Financial Select Sector | Reduce -60.5% | 0.55% | −0.76 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.60 |
| CSCO Cisco Systems Inc. | Reduce -21.1% | 1.51% | −0.54 |
| PEP Pepsico Inc. | Reduce -47.1% | 0.50% | −0.47 |
| INTC Intel Corp. | Reduce -22.3% | 0.84% | −0.46 |
| WM Waste Management Inc. | Reduce -47.9% | 0.49% | −0.34 |
| CMS CMS Energy Corp. | Reduce -70.6% | 0.12% | −0.29 |
| TSLA Tesla Inc. | Reduce -25.5% | 0.26% | −0.27 |
| PFE Pfizer Inc. | Reduce -15.0% | 0.76% | −0.22 |
| ELV Elevance Health Inc. | Reduce -25.5% | 0.76% | −0.22 |
| NEE Nextera Energy Inc. | Reduce -53.1% | 0.19% | −0.21 |
| MRK Merck & Co. Inc. | Reduce -25.8% | 1.20% | −0.21 |
| ODFL Old Dominion Freight Line | Reduce -87.4% | 0.03% | −0.20 |
| ACGL Arch Capital Group Ltd. | Reduce -81.6% | 0.05% | −0.19 |
| RY Royal Bank of Canada | Reduce -23.0% | 0.48% | −0.18 |
| GILD Gilead Sciences Inc. | Reduce -25.9% | 0.30% | −0.17 |
| WEC WEC Energy Group Inc. | Reduce -68.6% | 0.07% | −0.17 |
| CMCSA Comcast Corp. Class A | Reduce -22.4% | 0.44% | −0.16 |
| KEYS Keysight Technologies Inc. | Reduce -99.1% | 0.00% | −0.16 |
| CNI Canadian Natl Railway Co. | Reduce -2.0% | 3.96% | −0.13 |
| BAC Bank of America Corp. | Reduce -44.0% | 0.20% | −0.13 |
| CPRT Copart Inc. | Reduce -50.6% | 0.16% | −0.13 |
| AEM Agnico Eagle Mines Ltd. | Reduce -74.5% | 0.05% | −0.13 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.13 |
| ENB Enbridge Inc. | Reduce -28.6% | 0.26% | −0.12 |
| MSFT Microsoft Corp. | Reduce -8.1% | 4.39% | −0.12 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -13.4% | 0.69% | −0.12 |
| NOC Northrop Grumman Corp. | Reduce -86.6% | 0.02% | −0.12 |
| T AT&T Inc. | Reduce -14.7% | 0.63% | −0.11 |
| BMO Bank of Montreal | Reduce -0.5% | 1.31% | −0.11 |
| TD Toronto-Dominion Bank | Reduce -24.6% | 0.20% | −0.10 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.10 |
| CP Canadian Pacific Kansas City | Reduce -34.7% | 0.22% | −0.10 |
| SHOP Shopify Inc. Class A | Reduce -23.2% | 0.25% | −0.10 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.10 |
| TU Telus Corp. | Sold out | 0.00% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -6.7% | 1.99% | −0.10 |
| BMY Bristol-Myers Squibb Co. | Reduce -24.3% | 0.29% | −0.09 |
| WSO Watsco Inc. | Reduce -96.0% | 0.00% | −0.09 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.09 |
| GDX Vaneck Gold Miners ETF | Reduce -22.5% | 0.26% | −0.09 |
| ROP Roper Technologies Inc. | Reduce -16.1% | 0.39% | −0.09 |
| ORCL Oracle Corp. | Reduce -29.9% | 0.33% | −0.09 |
| LEA Lear Corp. | Reduce -95.5% | 0.00% | −0.09 |
| ULTA Ulta Beauty Inc. | Reduce -23.3% | 0.30% | −0.09 |
| BN Brookfield Corp. | Reduce -20.3% | 0.31% | −0.09 |
| MKTX Marketaxess Holdings Inc. | Reduce -74.6% | 0.02% | −0.08 |
| PSA Public Storage | Reduce -63.4% | 0.04% | −0.08 |
Portfolio Buys Q4 2023 → Q1 2024
| VNQ Vanguard Real Estate ETF | Add +2015.5% | 0.96% | +0.91 |
| LLY Eli Lilly & Co. | Add +23.7% | 1.32% | +0.48 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.36% | +0.36 |
| RSG Republic Services Inc. | Add +279.0% | 0.40% | +0.30 |
| JPM JPMorgan Chase & Co. | Add +72.2% | 0.53% | +0.25 |
| TDY Teledyne Technologies Inc. | Add +3140.3% | 0.25% | +0.25 |
| GS Goldman Sachs Group Inc. | Add +486.3% | 0.28% | +0.23 |
| AMZN Amazon.com Inc. | Add +1.6% | 1.63% | +0.20 |
| GE General Electric | Add +166.8% | 0.28% | +0.20 |
| CRM Salesforce Inc. | Add +39.5% | 0.58% | +0.20 |
| UNH Unitedhealth Group Inc. | Add +52.4% | 0.68% | +0.18 |
| CL Colgate-Palmolive Co. | Add +29.1% | 0.60% | +0.17 |
| DELL Dell Technologies -C | Add +32.9% | 0.34% | +0.16 |
| COR Cencora Inc. | Add +68.0% | 0.34% | +0.16 |
| WSM Williams-Sonoma Inc. | Add +980.8% | 0.17% | +0.16 |
| AVGO Broadcom Inc. | Add +4.8% | 0.98% | +0.15 |
| ABBV Abbvie Inc. | Add +581.3% | 0.16% | +0.14 |
| J Jacobs Solutions Inc. | Add +71.6% | 0.29% | +0.14 |
| AMAT Applied Materials Inc. | Add +13.3% | 0.53% | +0.14 |
| UBER Uber Technologies Inc. | Add +40.9% | 0.35% | +0.14 |
| GOOG Alphabet Inc. Class C | Add +16.6% | 0.86% | +0.14 |
| ACN Accenture PLC Class A | Add +69.2% | 0.37% | +0.14 |
| WRB WR Berkley Corp. | Add +49.3% | 0.31% | +0.13 |
| NFLX Netflix Inc. | Add +22.4% | 0.42% | +0.13 |
| TJX TJX Companies Inc. | Add +332.8% | 0.16% | +0.13 |
| CNC Centene Corp. | Add +57.5% | 0.34% | +0.13 |
| LEN Lennar Corp. Class A | Add +20.2% | 0.52% | +0.12 |
| BSX Boston Scientific Corp. | Add +68.8% | 0.26% | +0.12 |
| XLP SS Consumer Staples Sel Sect | Add +16.0% | 0.85% | +0.12 |
| SYF Synchrony Financial | New | 0.12% | +0.12 |
| CI The Cigna Group | Add +33.8% | 0.34% | +0.12 |
| SYK Stryker Corp. | Add +907.8% | 0.13% | +0.12 |
| PG The Procter & Gamble Co. | Add +43.2% | 0.35% | +0.12 |
| PINS Pinterest Inc. Class A | Add +946.8% | 0.13% | +0.11 |
| QCOM Qualcomm Inc. | Add +77.2% | 0.23% | +0.11 |
| SPGI S&P Global Inc. | Add +68.5% | 0.32% | +0.11 |
| GPN Global Payments Inc. | New | 0.11% | +0.11 |
| DHI D.R. Horton Inc. | Add +32.7% | 0.42% | +0.11 |
| PHM Pultegroup Inc. | Add +24.4% | 0.39% | +0.11 |
| KLAC KLA Corp. | Add +258.0% | 0.14% | +0.10 |
| TFII Tfi International Inc. | Add +3.5% | 0.79% | +0.10 |
| WCN Waste Connections Inc. | Add +260.1% | 0.13% | +0.10 |
| DIS The Walt Disney Co. | New | 0.10% | +0.10 |
| DECK Deckers Outdoor Corp. | Add +20.3% | 0.25% | +0.09 |
| PCAR Paccar Inc. | Add +637.4% | 0.10% | +0.09 |
| IBM Intl Business Machines Corp. | Add +10.4% | 0.50% | +0.09 |
| FAST Fastenal Co. | Add +123.5% | 0.15% | +0.09 |
| DUK Duke Energy Corp. | Add +39.6% | 0.37% | +0.09 |
| ECL Ecolab Inc. | Add +93.8% | 0.17% | +0.09 |
| BKNG Booking Holdings Inc. | Add +35.3% | 0.37% | +0.09 |
Options Activity Q4 2023 → Q1 2024
| XLF SS Financial Select Sector | put | Sold out | 3,517,500 | $2.2Mbefore exit |
| XLF SS Financial Select Sector | call | Sold out | 3,517,500 | $1.7Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |