Canada Pension Plan Investment Board
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Canada Pension Plan Investment Board reported 1,164 stock positions worth $95.1 billion. Its top holding was Nvidia (NVDA) at 3.7% of the portfolio, followed by Alphabet Class A (GOOGL, 3.4%) and Microsoft (MSFT, 2.8%). Compared with Q4 2023, it opened 200 new positions, sold out of 116, added to 511 and reduced 299. The biggest buy was Microsoft (MSFT, shares +78%) and the biggest sale Royal Caribbean Cruises (RCL, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO ONTARIO, A6
- CIK
- 0001283718
- Portfolio Value
- $95.1B (Q1 2024)
- SEC Filing
- 0001104659-24-061182 ↗ filed May 14, 2024
Holdings Value
Holdings 1,164 stocks · $95.1B
| NVDA Nvidia Corp. | 3.65% | 3,845,769 | $3.5B | Reduce -0.0% |
| GOOGL Alphabet Inc. Class A | 3.38% | 21,313,909 | $3.2B | Add +6.3% |
| MSFT Microsoft Corp. | 2.78% | 6,281,925 | $2.6B | Add +77.6% |
| INFA Informatica Inc. Class A | 2.70% | 73,445,447 | $2.6B | No change |
| MA Mastercard Inc. Class A | 2.13% | 4,213,930 | $2.0B | Add +7.1% |
| AAPL Apple Inc. | 2.08% | 11,532,438 | $2.0B | Add +158.3% |
| META Meta Platforms Inc. Class A | 1.74% | 3,411,009 | $1.7B | Add +30.1% |
| CNQ Canadian Natural Resources | 1.72% | 21,483,600 | $1.6B | Add +0.4% |
| LIN Linde PLC | 1.41% | 2,893,414 | $1.3B | Add +2.4% |
| UNH Unitedhealth Group Inc. | 1.37% | 2,625,288 | $1.3B | Reduce -1.7% |
| CIVI Civitas Resources Inc. | 1.32% | 16,480,721 | $1.3B | No change |
| GE General Electric | 1.31% | 7,121,741 | $1.3B | Add +221.6% |
| AMZN Amazon.com Inc. | 1.26% | 6,667,386 | $1.2B | Reduce -4.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.23% | 2,237,000 | $1.2B | Add +0.4% |
| UNP Union Pacific Corp. | 1.01% | 3,896,601 | $958.3M | Add +5.6% |
| SRAD Sportradar Group AG-A | 0.97% | 79,555,080 | $926.0M | No change |
| LYV Live Nation Entertainment Inc. | 0.95% | 8,566,700 | $906.1M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 0.94% | 5,866,554 | $893.2M | Add +18.8% |
| PG The Procter & Gamble Co. | 0.94% | 5,489,899 | $890.7M | Add +15.6% |
| COST Costco Wholesale Corp. | 0.89% | 1,149,135 | $841.9M | Reduce -15.2% |
| NFLX Netflix Inc. | 0.85% | 1,335,473 | $811.1M | Add +16.1% |
| IQV Iqvia Holdings Inc. | 0.85% | 3,191,835 | $807.2M | Add +6.5% |
| WTRG Essential Utilities Inc. | 0.84% | 21,661,095 | $802.5M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.83% | 1,780,000 | $790.3M | No change |
| EQH Equitable Holdings Inc. | 0.75% | 18,804,685 | $714.8M | Add +3.5% |
| EQIX Equinix Inc. | 0.71% | 820,656 | $677.3M | Add +13.4% |
| DLR Digital Realty Trust Inc. | 0.71% | 4,680,249 | $674.1M | Add +4.0% |
| WMT Walmart Inc. | 0.70% | 11,122,273 | $669.2M | Add +28.0% |
| KO The Coca-Cola Co. | 0.67% | 10,433,875 | $638.3M | Add +15.7% |
| JPM JPMorgan Chase & Co. | 0.65% | 3,106,563 | $622.2M | Add +6.6% |
| LLY Eli Lilly & Co. | 0.65% | 789,735 | $614.4M | Reduce -16.5% |
| AVGO Broadcom Inc. | 0.64% | 461,306 | $611.4M | Add +13.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 1,433,626 | $602.9M | Add +60.8% |
| PANW Palo Alto Networks Inc. | 0.63% | 2,119,176 | $602.1M | Reduce -1.1% |
| CNI Canadian Natl Railway Co. | 0.62% | 4,505,860 | $593.9M | Add +92.4% |
| PEP Pepsico Inc. | 0.61% | 3,316,108 | $580.4M | Reduce -2.8% |
| D Dominion Energy Inc. | 0.59% | 11,463,265 | $563.9M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.59% | 3,111,029 | $561.5M | Add +9.8% |
| INVH Invitation Homes Inc. | 0.59% | 15,686,912 | $558.6M | Add +27.2% |
| JNJ Johnson & Johnson | 0.58% | 3,487,163 | $551.6M | Add +25.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.58% | 14,526,078 | $550.8M | Reduce -11.0% |
| AVTR Avantor Inc. | 0.58% | 21,463,630 | $548.8M | Reduce -3.4% |
| EDR Endeavor Group Hold Class A | 0.57% | 21,038,712 | $541.3M | No change |
| BSX Boston Scientific Corp. | 0.57% | 7,897,203 | $540.9M | Add +15.0% |
| ARE Alexandria Real Estate Equit | 0.55% | 4,038,096 | $520.6M | No change |
| TMUS T-Mobile US Inc. | 0.54% | 3,156,381 | $515.2M | Reduce -16.6% |
| MRK Merck & Co. Inc. | 0.54% | 3,879,968 | $512.0M | Add +24.0% |
| RY Royal Bank of Canada | 0.53% | 5,039,171 | $508.7M | Add +40.5% |
| TD Toronto-Dominion Bank | 0.52% | 8,175,457 | $493.9M | Add +17.9% |
| PLD Prologis Inc. | 0.51% | 3,759,537 | $489.6M | Reduce -3.7% |
| RNW Renew Energy Global PLC-A | 0.48% | 76,501,166 | $459.0M | No change |
| CMCSA Comcast Corp. Class A | 0.48% | 10,542,253 | $457.0M | Add +80.9% |
| ABBV Abbvie Inc. | 0.45% | 2,339,198 | $426.0M | Reduce -1.8% |
| LRCX Lam Research Corp. | 0.42% | 411,822 | $400.1M | Add +32.9% |
| TRP TC Energy Corp. | 0.40% | 9,397,155 | $378.0M | Reduce -24.1% |
| DLTR Dollar Tree Inc. | 0.40% | 2,837,433 | $377.8M | Add +14.0% |
| CRM Salesforce Inc. | 0.39% | 1,239,096 | $373.2M | No change |
| AVB Avalonbay Communities Inc. | 0.39% | 1,980,675 | $367.5M | Add +14.4% |
| IWM iShares Russell 2000 ETF | 0.38% | 1,723,000 | $362.3M | No change |
| DHR Danaher Corp. | 0.37% | 1,425,444 | $356.0M | Reduce -6.4% |
| MU Micron Technology Inc. | 0.37% | 2,959,481 | $348.9M | Add +82.3% |
| MELI MercadoLibre Inc. | 0.37% | 230,623 | $348.7M | Add +16.7% |
| ADI Analog Devices Inc. | 0.36% | 1,753,546 | $346.8M | Add +17535360.0% |
| FYBR Frontier Communications Pare | 0.35% | 13,683,965 | $335.3M | Add +12.0% |
| SU Suncor Energy Inc. | 0.35% | 9,003,591 | $332.6M | Add +2.8% |
| MS Morgan Stanley | 0.35% | 3,509,349 | $330.4M | Reduce -7.5% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 563,103 | $327.3M | Reduce -13.3% |
| ENB Enbridge Inc. | 0.34% | 9,044,864 | $327.2M | Add +66.9% |
| ISRG Intuitive Surgical Inc. | 0.34% | 807,780 | $322.4M | Add +36.4% |
| PSA Public Storage | 0.34% | 1,100,705 | $319.3M | Add +34.4% |
| LNG Cheniere Energy Inc. | 0.33% | 1,960,944 | $316.3M | Add +10.9% |
| SHOP Shopify Inc. Class A | 0.33% | 4,057,902 | $313.4M | Reduce -28.5% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.33% | 4,941,360 | $311.8M | Add +0.7% |
| ADBE Adobe Inc. | 0.32% | 604,022 | $304.8M | Add +41.2% |
| NOW ServiceNow Inc. | 0.32% | 398,833 | $304.1M | Add +73.0% |
| NTR Nutrien Ltd. | 0.32% | 5,586,197 | $303.8M | Add +8.0% |
| WFC Wells Fargo & Co. | 0.31% | 5,131,320 | $297.4M | Add +38.1% |
| ELV Elevance Health Inc. | 0.31% | 568,365 | $294.7M | Add +47.5% |
| V Visa Inc. Class A | 0.31% | 1,052,442 | $293.7M | Add +441.8% |
| AMT American Tower Corp. | 0.30% | 1,466,955 | $289.9M | Add +1.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 0.30% | 5,589,611 | $283.6M | Add +41.3% |
| INFY Infosys Ltd.-SP ADR | 0.30% | 15,718,200 | $281.8M | No change |
| PM Philip Morris International | 0.29% | 3,051,142 | $279.5M | Reduce -4.0% |
| STLA Stellantis NV | 0.29% | 9,795,347 | $278.7M | Add +8.8% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.29% | 3,485,374 | $277.6M | Add +18.1% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 4,831,562 | $262.0M | Add +7.2% |
| GS Goldman Sachs Group Inc. | 0.27% | 625,692 | $261.3M | Add +60.0% |
| NEE Nextera Energy Inc. | 0.27% | 4,035,425 | $257.9M | Reduce -11.9% |
| AZO AutoZone Inc. | 0.26% | 79,413 | $250.3M | Add +11.9% |
| UBER Uber Technologies Inc. | 0.26% | 3,218,091 | $247.8M | Add +26.1% |
| CP Canadian Pacific Kansas City | 0.26% | 2,778,356 | $245.2M | Add +10.3% |
| MPC Marathon Petroleum Corp. | 0.26% | 1,213,056 | $244.4M | Add +1.0% |
| UBS UBS Group AG-Reg | 0.25% | 7,786,916 | $239.8M | Add +23.7% |
| PFE Pfizer Inc. | 0.25% | 8,584,668 | $238.2M | Reduce -1.6% |
| ARES Ares Management Corp. Class A | 0.25% | 1,774,026 | $235.9M | Reduce -0.5% |
| EXR Extra Space Storage Inc. | 0.24% | 1,557,135 | $228.9M | Add +43.7% |
| AMGN Amgen Inc. | 0.24% | 787,302 | $223.8M | Add +28.4% |
| LAD Lithia Motors Inc. | 0.23% | 727,849 | $219.0M | Add +7.2% |
| XP XP Inc. Class A | 0.23% | 8,338,862 | $214.0M | Add +2.8% |
| FTV Fortive Corp. | 0.22% | 2,471,273 | $212.6M | Add +2.6% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $93.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 44,100,000 | $37.3M | Add +6.3% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 36,000,000 | $33.1M | No change |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 27,700,000 | $23.3M | Add +171.6% |
Total filed on the 13F, all lines: $95.2B.
Portfolio Sells Q4 2023 → Q1 2024
| RCL Royal Caribbean Cruises Ltd. | Reduce -95.2% | 0.03% | −0.57 |
| UNH Unitedhealth Group Inc. | Reduce -1.7% | 1.37% | −0.41 |
| BKNG Booking Holdings Inc. | Reduce -60.7% | 0.19% | −0.38 |
| BABA Alibaba Group Holding-SP ADR | Reduce -98.6% | 0.00% | −0.35 |
| MGM MGM Resorts International | Reduce -98.5% | 0.00% | −0.28 |
| NKE Nike Inc. Class B | Reduce -63.6% | 0.10% | −0.27 |
| COST Costco Wholesale Corp. | Reduce -15.2% | 0.89% | −0.25 |
| SHOP Shopify Inc. Class A | Reduce -28.5% | 0.33% | −0.23 |
| TMUS T-Mobile US Inc. | Reduce -16.6% | 0.54% | −0.23 |
| TRP TC Energy Corp. | Reduce -24.1% | 0.40% | −0.22 |
| MANH Manhattan Associates Inc. | Reduce -92.0% | 0.02% | −0.20 |
| XLF SS Financial Select Sector | Reduce -57.1% | 0.13% | −0.20 |
| CSCO Cisco Systems Inc. | Reduce -46.4% | 0.15% | −0.20 |
| PWSC Powerschool Holdings Inc. Class A | Reduce -51.3% | 0.11% | −0.19 |
| HD Home Depot Inc. | Reduce -42.5% | 0.21% | −0.19 |
| PANW Palo Alto Networks Inc. | Reduce -1.1% | 0.63% | −0.17 |
| MDLZ Mondelez International Inc. Class A | Reduce -26.6% | 0.22% | −0.15 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −0.15 |
| DDOG Datadog Inc. Class A | Reduce -74.3% | 0.04% | −0.15 |
| PLD Prologis Inc. | Reduce -3.7% | 0.51% | −0.14 |
| DIS The Walt Disney Co. | Reduce -65.0% | 0.09% | −0.14 |
| COP Conocophillips | Reduce -92.1% | 0.01% | −0.14 |
| TME Tencent Music Entertainm-ADR | Reduce -44.2% | 0.17% | −0.13 |
| RCI Rogers Communications Inc. Class B | Reduce -92.4% | 0.01% | −0.13 |
| PEP Pepsico Inc. | Reduce -2.8% | 0.61% | −0.12 |
| BAC Bank of America Corp. | Reduce -11.0% | 0.58% | −0.12 |
| XYZ Block Inc. | Reduce -95.4% | 0.01% | −0.12 |
| AKAM Akamai Technologies Inc. | Reduce -32.9% | 0.12% | −0.11 |
| ABT Abbott Laboratories | Reduce -25.6% | 0.19% | −0.11 |
| INTC Intel Corp. | Reduce -55.7% | 0.05% | −0.11 |
| LYV Live Nation Entertainment Inc. | Reduce -3.8% | 0.95% | −0.10 |
| MS Morgan Stanley | Reduce -7.5% | 0.35% | −0.10 |
| BCE Bce Inc. | Reduce -26.5% | 0.11% | −0.10 |
| TMO Thermo Fisher Scientific Inc. | Reduce -13.3% | 0.34% | −0.09 |
| D Dominion Energy Inc. | Reduce -0.1% | 0.59% | −0.09 |
| PM Philip Morris International | Reduce -4.0% | 0.29% | −0.08 |
| NABL N-Able Inc. | Reduce -43.0% | 0.07% | −0.08 |
| SE Sea Ltd.-ADR | Reduce -66.8% | 0.05% | −0.08 |
| NEE Nextera Energy Inc. | Reduce -11.9% | 0.27% | −0.08 |
| TFC Truist Financial Corp. | Reduce -56.1% | 0.05% | −0.08 |
| LOW Lowe's Cos Inc. | Reduce -43.2% | 0.09% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -4.3% | 1.26% | −0.07 |
| MNSO Miniso Group Holding Ltd.-ADR | Reduce -47.6% | 0.06% | −0.07 |
| DHR Danaher Corp. | Reduce -6.4% | 0.37% | −0.07 |
| F Ford Motor Co. | Reduce -77.1% | 0.02% | −0.07 |
| HCA HCA Healthcare Inc. | Reduce -47.6% | 0.08% | −0.07 |
| PFE Pfizer Inc. | Reduce -1.6% | 0.25% | −0.07 |
| PYPL PayPal Holdings Inc. | Reduce -46.9% | 0.06% | −0.07 |
| B Barrick Gold Corp. | Reduce -19.0% | 0.11% | −0.07 |
| AVTR Avantor Inc. | Reduce -3.4% | 0.58% | −0.06 |
Portfolio Buys Q4 2023 → Q1 2024
| MSFT Microsoft Corp. | Add +77.6% | 2.78% | +1.10 |
| AAPL Apple Inc. | Add +158.3% | 2.08% | +0.99 |
| GE General Electric | Add +221.6% | 1.31% | +0.96 |
| META Meta Platforms Inc. Class A | Add +30.1% | 1.74% | +0.57 |
| ADI Analog Devices Inc. | Add +17535360.0% | 0.36% | +0.36 |
| CNI Canadian Natl Railway Co. | Add +92.4% | 0.62% | +0.25 |
| V Visa Inc. Class A | Add +441.8% | 0.31% | +0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +60.8% | 0.63% | +0.23 |
| KIM Kimco Realty Corp. | New | 0.21% | +0.21 |
| MU Micron Technology Inc. | Add +82.3% | 0.37% | +0.19 |
| CMCSA Comcast Corp. Class A | Add +80.9% | 0.48% | +0.16 |
| PGR Progressive Corp. | Add +548.2% | 0.18% | +0.15 |
| NFLX Netflix Inc. | Add +16.1% | 0.85% | +0.14 |
| COIN Coinbase Global Inc. Class A | Add +1186.6% | 0.15% | +0.14 |
| BRX Brixmor Property Group Inc. | New | 0.13% | +0.13 |
| WMT Walmart Inc. | Add +28.0% | 0.70% | +0.13 |
| CAT Caterpillar Inc. | Add +306.9% | 0.16% | +0.12 |
| NOW ServiceNow Inc. | Add +73.0% | 0.32% | +0.11 |
| LRCX Lam Research Corp. | Add +32.9% | 0.42% | +0.11 |
| DASH DoorDash Inc. Class A | Add +595.1% | 0.13% | +0.11 |
| MRK Merck & Co. Inc. | Add +24.0% | 0.54% | +0.11 |
| MCHP Microchip Technology Inc. | Add +425.3% | 0.13% | +0.10 |
| ENB Enbridge Inc. | Add +66.9% | 0.34% | +0.10 |
| XOM Exxon Mobil Corp. | Add +461.1% | 0.11% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +36.4% | 0.34% | +0.09 |
| MRVL Marvell Technology Inc. | Add +553.1% | 0.10% | +0.09 |
| GS Goldman Sachs Group Inc. | Add +60.0% | 0.27% | +0.08 |
| WFC Wells Fargo & Co. | Add +38.1% | 0.31% | +0.08 |
| ELV Elevance Health Inc. | Add +47.5% | 0.31% | +0.08 |
| REXR Rexford Industrial Realty Inc. | Add +262.7% | 0.12% | +0.07 |
| AIG American International Group | Add +98.9% | 0.16% | +0.07 |
| RY Royal Bank of Canada | Add +40.5% | 0.53% | +0.07 |
| PBA Pembina Pipeline Corp. | Add +86.6% | 0.20% | +0.07 |
| SHW The Sherwin-Williams Co. | Add +96.5% | 0.16% | +0.07 |
| KKR KKR & Co. Inc. | Add +164.0% | 0.11% | +0.07 |
| WDC Western Digital Corp. | Add +1089.7% | 0.08% | +0.07 |
| QSR Restaurant Brands Intern | Add +72.9% | 0.22% | +0.07 |
| AVGO Broadcom Inc. | Add +13.5% | 0.64% | +0.07 |
| ORCL Oracle Corp. | Add +76.1% | 0.16% | +0.07 |
| BSX Boston Scientific Corp. | Add +15.0% | 0.57% | +0.07 |
| CABO Cable One Inc. | Add +1906.2% | 0.07% | +0.07 |
| ENPH Enphase Energy Inc. | New | 0.06% | +0.06 |
| AMD Advanced Micro Devices | Add +9.8% | 0.59% | +0.06 |
| UBER Uber Technologies Inc. | Add +26.1% | 0.26% | +0.06 |
| ADP Automatic Data Processing | Add +136.9% | 0.11% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +18.8% | 0.94% | +0.06 |
| PXD Pioneer Natural Resources Co. | Add +315.1% | 0.08% | +0.06 |
| ZTS Zoetis Inc. | Add +178.2% | 0.11% | +0.06 |
| PG The Procter & Gamble Co. | Add +15.6% | 0.94% | +0.06 |
| CM Can Imperial BK of Commerce | Add +41.3% | 0.30% | +0.06 |
Notes & Other Activity Q4 2023 → Q1 2024
| DISH NETWORK CORP (DISH 2.375 03/15/24) | NOTE 2.375% 3/1 · principal | Sold out | 69,593,000 | $68.9Mbefore exit |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Add +6.3% | 44,100,000 | $37.3M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +171.6% | 27,700,000 | $23.3M |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Sold out | 27,000,000 | $23.0Mbefore 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 | 1,694 | $180.8B | NVDA, AAPL, MSFT, AVGO, GOOGL |
| Q1 2026 | 1,679 | $155.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,970 | $149.5B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q3 2025 | 1,345 | $142.4B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 1,344 | $116.9B | NVDA, MSFT, AAPL, AMZN, MA |
| Q1 2025 | 1,296 | $103.0B | AAPL, MSFT, NVDA, MA, AMZN |
| Q4 2024 | 1,396 | $105.0B | NVDA, AAPL, MSFT, MA, UNH |
| Q3 2024 | 1,317 | $105.5B | NVDA, GOOGL, MSFT, AAPL, UNH |
| Q2 2024 | 1,358 | $101.7B | NVDA, GOOGL, MSFT, AAPL, INFA |
| Q1 2024 | 1,164 | $95.1B | NVDA, GOOGL, MSFT, INFA, MA |