Canada Pension Plan Investment Board
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Canada Pension Plan Investment Board reported 1,317 stock positions worth $105.5 billion. Its top holding was Nvidia (NVDA) at 3.8% of the portfolio, followed by Alphabet Class A (GOOGL, 3.2%) and Microsoft (MSFT, 2.9%). Compared with Q2 2024, it opened 141 new positions, sold out of 183, added to 462 and reduced 479. The biggest buy was Unitedhealth (UNH, shares +38%) and the biggest sale Alphabet Class A (GOOGL, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO ONTARIO, A6
- CIK
- 0001283718
- Portfolio Value
- $105.5B (Q3 2024)
- SEC Filing
- 0001104659-24-118158 ↗ filed Nov 14, 2024
Holdings Value
Holdings 1,317 stocks · $105.5B
| NVDA Nvidia Corp. | 3.78% | 32,868,570 | $4.0B | Reduce -12.4% |
| GOOGL Alphabet Inc. Class A | 3.23% | 20,528,446 | $3.4B | Reduce -11.8% |
| MSFT Microsoft Corp. | 2.94% | 7,218,705 | $3.1B | Reduce -4.7% |
| AAPL Apple Inc. | 2.64% | 11,948,748 | $2.8B | Add +1.6% |
| UNH Unitedhealth Group Inc. | 2.40% | 4,332,839 | $2.5B | Add +38.4% |
| META Meta Platforms Inc. Class A | 2.09% | 3,852,147 | $2.2B | Add +4.5% |
| MA Mastercard Inc. Class A | 2.09% | 4,458,739 | $2.2B | Add +3.0% |
| INFA Informatica Inc. Class A | 1.76% | 73,445,447 | $1.9B | No change |
| LIN Linde PLC | 1.72% | 3,799,961 | $1.8B | Add +22.1% |
| VIK Viking Holdings Ltd. | 1.67% | 50,508,695 | $1.8B | Reduce -16.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.22% | 2,237,000 | $1.3B | No change |
| GE General Electric filed as GE AEROSPACE | 1.21% | 6,769,464 | $1.3B | Add +1.6% |
| GOOG Alphabet Inc. Class C | 1.13% | 7,131,728 | $1.2B | Reduce -4.9% |
| AMZN Amazon.com Inc. | 1.12% | 6,342,745 | $1.2B | Reduce -2.3% |
| CNQ Canadian Natural Resources | 1.11% | 35,119,002 | $1.2B | Reduce -15.3% |
| WAY Waystar Holding Corp. | 0.98% | 37,209,454 | $1.0B | No change |
| UNP Union Pacific Corp. | 0.97% | 4,140,013 | $1.0B | Reduce -1.9% |
| LLY Eli Lilly & Co. | 0.93% | 1,107,112 | $980.8M | Add +19.4% |
| PG The Procter & Gamble Co. | 0.92% | 5,575,897 | $965.7M | Reduce -2.3% |
| SRAD Sportradar Group AG-A | 0.91% | 79,555,080 | $963.4M | No change |
| LYV Live Nation Entertainment Inc. | 0.89% | 8,605,312 | $942.2M | Reduce -1.3% |
| NFLX Netflix Inc. | 0.85% | 1,263,958 | $896.5M | Add +1.3% |
| JPM JPMorgan Chase & Co. | 0.82% | 4,119,493 | $868.6M | Add +23.0% |
| IQV Iqvia Holdings Inc. | 0.80% | 3,569,066 | $845.8M | Add +4.9% |
| WTRG Essential Utilities Inc. | 0.79% | 21,661,095 | $835.5M | No change |
| EQH Equitable Holdings Inc. | 0.75% | 18,952,271 | $796.6M | Add +1.6% |
| EQIX Equinix Inc. | 0.75% | 891,077 | $790.9M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.70% | 830,171 | $736.0M | Reduce -4.2% |
| DLR Digital Realty Trust Inc. | 0.67% | 4,335,929 | $701.7M | Reduce -10.2% |
| AVGO Broadcom Inc. | 0.65% | 3,997,997 | $689.7M | Reduce -17.6% |
| JNJ Johnson & Johnson | 0.65% | 4,244,466 | $687.9M | Add +6.2% |
| NOW ServiceNow Inc. | 0.64% | 756,279 | $676.4M | Add +18.9% |
| TMUS T-Mobile US Inc. | 0.64% | 3,247,439 | $670.1M | Add +4.5% |
| WMT Walmart Inc. | 0.63% | 8,261,535 | $667.1M | Reduce -11.1% |
| KO The Coca-Cola Co. | 0.63% | 9,279,946 | $666.9M | Reduce -5.7% |
| D Dominion Energy Inc. | 0.62% | 11,387,722 | $658.1M | Add +0.1% |
| TRP TC Energy Corp. | 0.61% | 13,475,330 | $641.3M | Reduce -30.8% |
| BSX Boston Scientific Corp. | 0.59% | 7,489,219 | $627.6M | Add +0.6% |
| PLD Prologis Inc. | 0.59% | 4,957,289 | $626.0M | Add +17.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.58% | 15,458,847 | $613.4M | Add +41.6% |
| EDR Endeavor Group Hold Class A | 0.57% | 21,038,712 | $600.9M | No change |
| ABBV Abbvie Inc. | 0.56% | 2,981,842 | $588.9M | Add +3.9% |
| PEP Pepsico Inc. | 0.53% | 3,278,204 | $557.5M | Reduce -1.7% |
| INVH Invitation Homes Inc. | 0.53% | 15,785,768 | $556.6M | Reduce -0.2% |
| CRC California Resources Corp. | 0.52% | 10,506,895 | $551.3M | New |
| PM Philip Morris International | 0.52% | 4,530,435 | $550.0M | Add +23.1% |
| CRM Salesforce Inc. | 0.52% | 1,999,421 | $547.3M | Add +4.6% |
| AVTR Avantor Inc. | 0.51% | 20,924,445 | $541.3M | Reduce -8.7% |
| TSLA Tesla Inc. | 0.49% | 1,958,378 | $512.4M | Add +75.0% |
| TD Toronto-Dominion Bank | 0.48% | 7,966,689 | $504.3M | Reduce -1.4% |
| XLF SS Financial Select Sector | 0.47% | 11,000,000 | $498.5M | No change |
| V Visa Inc. Class A | 0.47% | 1,797,893 | $494.3M | Add +53.9% |
| ISRG Intuitive Surgical Inc. | 0.47% | 1,006,143 | $494.3M | Add +3.4% |
| ARE Alexandria Real Estate Equit | 0.46% | 4,125,165 | $489.9M | Add +1.3% |
| FYBR Frontier Communications Pare | 0.46% | 13,654,798 | $485.2M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.46% | 1,053,239 | $484.8M | Reduce -30.6% |
| CIVI Civitas Resources Inc. | 0.46% | 9,524,201 | $482.6M | No change |
| RNW Renew Energy Global PLC-A | 0.46% | 76,501,166 | $481.2M | No change |
| MRK Merck & Co. Inc. | 0.44% | 4,062,334 | $461.3M | Reduce -24.6% |
| AVB Avalonbay Communities Inc. | 0.43% | 2,034,402 | $458.2M | Add +2.5% |
| NTR Nutrien Ltd. | 0.42% | 9,295,028 | $447.2M | Add +129.8% |
| DHR Danaher Corp. | 0.39% | 1,491,382 | $414.6M | Reduce -8.5% |
| PSA Public Storage | 0.39% | 1,129,213 | $410.9M | Reduce -5.6% |
| UBER Uber Technologies Inc. | 0.39% | 5,445,146 | $409.3M | Add +37.1% |
| TMO Thermo Fisher Scientific Inc. | 0.38% | 644,515 | $398.7M | Reduce -3.8% |
| AMD Advanced Micro Devices | 0.37% | 2,400,089 | $393.8M | Reduce -32.5% |
| ADI Analog Devices Inc. | 0.37% | 1,698,689 | $391.0M | Add +6.8% |
| MELI MercadoLibre Inc. | 0.37% | 189,305 | $388.4M | Reduce -26.8% |
| RY Royal Bank of Canada | 0.37% | 3,102,502 | $387.7M | Reduce -33.5% |
| IWM iShares Russell 2000 ETF | 0.36% | 1,723,000 | $380.6M | No change |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.36% | 5,046,690 | $375.8M | Add +0.9% |
| CP Canadian Pacific Kansas City | 0.35% | 4,293,621 | $367.6M | Add +52.8% |
| LNG Cheniere Energy Inc. | 0.35% | 2,041,773 | $367.2M | Reduce -0.9% |
| ORCL Oracle Corp. | 0.33% | 2,038,934 | $347.4M | Add +40.5% |
| PBA Pembina Pipeline Corp. | 0.33% | 8,387,525 | $346.1M | No change |
| AMT American Tower Corp. | 0.33% | 1,476,022 | $343.3M | Reduce -3.9% |
| PANW Palo Alto Networks Inc. | 0.32% | 982,203 | $335.7M | Reduce -56.0% |
| ABT Abbott Laboratories | 0.31% | 2,913,181 | $332.1M | Add +8.6% |
| SHOP Shopify Inc. Class A | 0.30% | 3,997,836 | $320.6M | Add +0.3% |
| MDLZ Mondelez International Inc. Class A | 0.30% | 4,258,764 | $313.7M | Add +19.9% |
| SU Suncor Energy Inc. | 0.30% | 8,453,135 | $312.4M | Add +40.4% |
| GS Goldman Sachs Group Inc. | 0.29% | 623,583 | $308.7M | Reduce -26.1% |
| INFY Infosys Ltd.-SP ADR | 0.28% | 13,374,340 | $297.8M | Reduce -38.0% |
| HD Home Depot Inc. | 0.28% | 732,502 | $296.8M | Reduce -13.8% |
| CNI Canadian Natl Railway Co. | 0.27% | 2,460,160 | $288.4M | Add +33.6% |
| UBS UBS Group AG-Reg | 0.27% | 9,169,746 | $283.3M | Add +6.2% |
| KKR KKR & Co. Inc. | 0.27% | 2,163,868 | $282.6M | Reduce -32.5% |
| NEE Nextera Energy Inc. | 0.26% | 3,284,472 | $277.6M | Reduce -4.7% |
| VZ Verizon Communications Inc. | 0.26% | 6,140,161 | $275.8M | Add +17.6% |
| AMGN Amgen Inc. | 0.26% | 853,006 | $274.8M | Add +93.5% |
| WELL Welltower Inc. | 0.26% | 2,138,218 | $273.8M | Add +1.2% |
| WOOF Petco Health and Wellness Co. | 0.26% | 59,765,368 | $271.9M | No change |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.25% | 4,321,884 | $265.4M | Reduce -16.4% |
| KIM Kimco Realty Corp. | 0.25% | 11,186,050 | $259.7M | Reduce -1.8% |
| EXR Extra Space Storage Inc. | 0.24% | 1,406,869 | $253.5M | Reduce -25.1% |
| GILD Gilead Sciences Inc. | 0.24% | 3,011,931 | $252.5M | Add +11.6% |
| XOM Exxon Mobil Corp. | 0.24% | 2,152,840 | $252.4M | Reduce -26.5% |
| LMT Lockheed Martin Corp. | 0.24% | 429,659 | $251.2M | Reduce -4.8% |
| CL Colgate-Palmolive Co. | 0.24% | 2,396,338 | $248.8M | Reduce -5.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 509,000 | $248.4M | Reduce -71.7% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $63.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 36,000,000 | $35.8M | No change |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 30,599,000 | $27.7M | Reduce -3.2% |
Total filed on the 13F, all lines: $105.6B.
Portfolio Sells Q2 2024 → Q3 2024
| GOOGL Alphabet Inc. Class A | Reduce -11.8% | 3.23% | −0.94 |
| NVDA Nvidia Corp. | Reduce -12.4% | 3.78% | −0.78 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -71.7% | 0.24% | −0.61 |
| PANW Palo Alto Networks Inc. | Reduce -56.0% | 0.32% | −0.43 |
| MSFT Microsoft Corp. | Reduce -4.7% | 2.94% | −0.39 |
| VIK Viking Holdings Ltd. | Reduce -16.9% | 1.67% | −0.36 |
| CNQ Canadian Natural Resources | Reduce -15.3% | 1.11% | −0.35 |
| LRCX Lam Research Corp. | Reduce -61.1% | 0.13% | −0.31 |
| GOOG Alphabet Inc. Class C | Reduce -4.9% | 1.13% | −0.22 |
| MRK Merck & Co. Inc. | Reduce -24.6% | 0.44% | −0.22 |
| AMD Advanced Micro Devices | Reduce -32.5% | 0.37% | −0.19 |
| QCOM Qualcomm Inc. | Reduce -48.4% | 0.13% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -30.6% | 0.46% | −0.15 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.14 |
| MCK McKesson Corp. | Reduce -78.1% | 0.03% | −0.12 |
| RY Royal Bank of Canada | Reduce -33.5% | 0.37% | −0.12 |
| TRP TC Energy Corp. | Reduce -30.8% | 0.61% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -2.3% | 1.12% | −0.11 |
| INFY Infosys Ltd.-SP ADR | Reduce -38.0% | 0.28% | −0.11 |
| AVGO Broadcom Inc. | Reduce -17.6% | 0.65% | −0.11 |
| AMAT Applied Materials Inc. | Reduce -30.1% | 0.13% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -26.5% | 0.24% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -47.0% | 0.12% | −0.09 |
| QSR Restaurant Brands Intern | Reduce -34.0% | 0.16% | −0.08 |
| GS Goldman Sachs Group Inc. | Reduce -26.1% | 0.29% | −0.08 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.08 |
| AXP American Express Co. | Reduce -37.8% | 0.19% | −0.08 |
| LPLA LPL Financial Holdings Inc. | Reduce -21.6% | 0.13% | −0.08 |
| INTC Intel Corp. | Reduce -68.6% | 0.02% | −0.08 |
| MU Micron Technology Inc. | Reduce -16.8% | 0.12% | −0.07 |
| KKR KKR & Co. Inc. | Reduce -32.5% | 0.27% | −0.06 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.06 |
| SYK Stryker Corp. | Reduce -28.7% | 0.17% | −0.06 |
| INTU Intuit Inc. | Reduce -31.6% | 0.10% | −0.06 |
| DIS The Walt Disney Co. | Reduce -51.1% | 0.05% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -59.1% | 0.05% | −0.06 |
| DLR Digital Realty Trust Inc. | Reduce -10.2% | 0.67% | −0.06 |
| ESS Essex Property Trust Inc. | Sold out | 0.00% | −0.06 |
| PODD Insulet Corp. | Reduce -67.7% | 0.03% | −0.05 |
| ELV Elevance Health Inc. | Reduce -14.3% | 0.19% | −0.05 |
| MELI MercadoLibre Inc. | Reduce -26.8% | 0.37% | −0.05 |
| HUM Humana Inc. | Reduce -12.9% | 0.12% | −0.05 |
| AKAM Akamai Technologies Inc. | Reduce -61.0% | 0.03% | −0.05 |
| EXR Extra Space Storage Inc. | Reduce -25.1% | 0.24% | −0.05 |
| VSAT Viasat Inc. | Reduce -24.8% | 0.10% | −0.05 |
| PGR Progressive Corp. | Reduce -45.9% | 0.08% | −0.04 |
| LUV Southwest Airlines Co. | Reduce -96.3% | 0.00% | −0.04 |
| CI The Cigna Group | Reduce -34.2% | 0.08% | −0.04 |
| ADBE Adobe Inc. | Reduce -14.1% | 0.14% | −0.04 |
| MAA Mid-America Apartment Comm | Reduce -25.8% | 0.16% | −0.04 |
Portfolio Buys Q2 2024 → Q3 2024
| UNH Unitedhealth Group Inc. | Add +38.4% | 2.40% | +0.83 |
| CRC California Resources Corp. | New | 0.52% | +0.52 |
| LIN Linde PLC | Add +22.1% | 1.72% | +0.37 |
| TSLA Tesla Inc. | Add +75.0% | 0.49% | +0.27 |
| META Meta Platforms Inc. Class A | Add +4.5% | 2.09% | +0.26 |
| NTR Nutrien Ltd. | Add +129.8% | 0.42% | +0.22 |
| MDB Mongodb Inc. | Add +19714.3% | 0.22% | +0.22 |
| MA Mastercard Inc. Class A | Add +3.0% | 2.09% | +0.21 |
| AAPL Apple Inc. | Add +1.6% | 2.64% | +0.20 |
| GEHC GE Healthcare Technology | Add +434.4% | 0.23% | +0.19 |
| GE General Electric | Add +1.6% | 1.21% | +0.17 |
| V Visa Inc. Class A | Add +53.9% | 0.47% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +23.0% | 0.82% | +0.16 |
| BAC Bank of America Corp. | Add +41.6% | 0.58% | +0.15 |
| PM Philip Morris International | Add +23.1% | 0.52% | +0.15 |
| NOW ServiceNow Inc. | Add +18.9% | 0.64% | +0.15 |
| CP Canadian Pacific Kansas City | Add +52.8% | 0.35% | +0.13 |
| ORCL Oracle Corp. | Add +40.5% | 0.33% | +0.13 |
| PLD Prologis Inc. | Add +17.0% | 0.59% | +0.13 |
| AMGN Amgen Inc. | Add +93.5% | 0.26% | +0.13 |
| MAR Marriott International Class A | Add +1749.0% | 0.12% | +0.12 |
| FYBR Frontier Communications Pare | Add +1.0% | 0.46% | +0.11 |
| LLY Eli Lilly & Co. | Add +19.4% | 0.93% | +0.10 |
| UBER Uber Technologies Inc. | Add +37.1% | 0.39% | +0.10 |
| ETN Eaton Corp. PLC | Add +529.8% | 0.12% | +0.10 |
| TMUS T-Mobile US Inc. | Add +4.5% | 0.64% | +0.10 |
| EQIX Equinix Inc. | Add +1.3% | 0.75% | +0.09 |
| IQV Iqvia Holdings Inc. | Add +4.9% | 0.80% | +0.09 |
| GDDY GoDaddy Inc. Class A | Add +888.4% | 0.10% | +0.09 |
| PSX Phillips 66 | Add +158.6% | 0.14% | +0.08 |
| JNJ Johnson & Johnson | Add +6.2% | 0.65% | +0.08 |
| D Dominion Energy Inc. | Add +0.1% | 0.62% | +0.08 |
| MPWR Monolithic Power Systems Inc. | Add +51.8% | 0.19% | +0.07 |
| ABBV Abbvie Inc. | Add +3.9% | 0.56% | +0.07 |
| KVUE Kenvue Inc. | Add +63.0% | 0.14% | +0.07 |
| SU Suncor Energy Inc. | Add +40.4% | 0.30% | +0.07 |
| MDLZ Mondelez International Inc. Class A | Add +19.9% | 0.30% | +0.07 |
| TRV The Travelers Cos Inc. | Add +82.9% | 0.13% | +0.07 |
| FISV Fiserv Inc. | Add +306.7% | 0.08% | +0.06 |
| HSIC Henry Schein Inc. | New | 0.06% | +0.06 |
| CNI Canadian Natl Railway Co. | Add +33.6% | 0.27% | +0.06 |
| GILD Gilead Sciences Inc. | Add +11.6% | 0.24% | +0.06 |
| VST Vistra Corp. | Add +173.4% | 0.08% | +0.06 |
| IRM Iron Mountain Inc. | Add +46.1% | 0.12% | +0.06 |
| DELL Dell Technologies -C | Add +4165.3% | 0.06% | +0.06 |
| MDY State Street SPDR S&P Midcap | New | 0.05% | +0.05 |
| SPOT Spotify Technology SA | Add +89.3% | 0.10% | +0.05 |
| VZ Verizon Communications Inc. | Add +17.6% | 0.26% | +0.05 |
| TER Teradyne Inc. | Add +345.2% | 0.07% | +0.05 |
| BABA Alibaba Group Holding-SP ADR | Add +258.5% | 0.06% | +0.05 |
Notes & Other Activity Q2 2024 → Q3 2024
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Reduce -3.2% | 30,599,000 | $27.7M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Sold out | 20,700,000 | $17.5Mbefore 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 |