CIBC Asset Management Inc
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), CIBC Asset Management Inc reported 1,124 stock positions worth $28.8 billion. Its top holding was Royal Bank of Canada (RY) at 4.9% of the portfolio, followed by Toronto-Dominion Bank (TD, 3.4%) and Canadian Natural Resources (CNQ, 3.1%). Compared with Q4 2023, it opened 59 new positions, sold out of 32, added to 661 and reduced 214. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Toronto-Dominion Bank (TD, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001021926
- Portfolio Value
- $28.8B (Q1 2024)
- SEC Filing
- 0001172661-24-002105 ↗ filed May 9, 2024
Holdings Value
Holdings 1,124 stocks · $28.8B
| RY Royal Bank of Canada | 4.91% | 13,992,352 | $1.4B | Add +3.7% |
| TD Toronto-Dominion Bank | 3.39% | 16,149,040 | $974.8M | Reduce -4.8% |
| CNQ Canadian Natural Resources | 3.14% | 11,838,838 | $903.3M | Add +2.6% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 3.07% | 9,052,109 | $884.0M | Add +2.0% |
| CP Canadian Pacific Kansas City | 3.00% | 9,771,722 | $861.7M | Add +2.5% |
| ENB Enbridge Inc. | 2.97% | 23,625,981 | $854.0M | Add +5.7% |
| MSFT Microsoft Corp. | 2.95% | 2,020,368 | $850.0M | Add +7.8% |
| CNI Canadian Natl Railway Co. | 2.31% | 5,036,098 | $663.3M | Reduce -1.9% |
| BN Brookfield Corp. | 2.28% | 15,659,301 | $655.4M | Reduce -3.3% |
| AAPL Apple Inc. | 2.17% | 3,634,445 | $623.2M | Add +1.4% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 2.12% | 12,031,391 | $610.1M | Add +3.7% |
| MFC Manulife Financial Corp. | 2.10% | 24,203,454 | $604.6M | Add +16.9% |
| NVDA Nvidia Corp. | 1.96% | 623,494 | $563.4M | Add +1.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.78% | 9,903,612 | $512.4M | Add +13.9% |
| SU Suncor Energy Inc. | 1.76% | 13,754,911 | $507.7M | Add +9.8% |
| AMZN Amazon.com Inc. | 1.57% | 2,505,761 | $452.0M | Add +8.8% |
| VOO Vanguard S&P 500 ETF | 1.33% | 793,577 | $381.5M | Reduce -0.1% |
| SHOP Shopify Inc. Class A | 1.23% | 4,575,536 | $353.1M | Add +7.8% |
| TU Telus Corp. | 1.22% | 22,016,931 | $352.3M | Add +0.7% |
| NTR Nutrien Ltd. | 1.22% | 6,433,992 | $349.6M | Reduce -0.6% |
| AEM Agnico Eagle Mines Ltd. | 1.21% | 5,846,259 | $348.7M | Add +3.3% |
| VEU Vanguard Ftse All-World Ex-U | 1.17% | 5,755,713 | $337.6M | No change |
| TRP TC Energy Corp. | 1.16% | 8,300,397 | $333.7M | Add +1.4% |
| SLF Sun Life Financial Inc. | 1.04% | 5,501,728 | $300.3M | Reduce -9.5% |
| META Meta Platforms Inc. Class A | 1.02% | 603,527 | $293.1M | Add +4.6% |
| TECK Teck Resources Ltd.-CLS B | 0.99% | 6,240,032 | $285.7M | Reduce -2.3% |
| CVE Cenovus Energy Inc. | 0.98% | 14,134,689 | $282.6M | Reduce -5.5% |
| GOOG Alphabet Inc. Class C | 0.88% | 1,666,648 | $253.8M | Add +12.3% |
| QSR Restaurant Brands Intern | 0.86% | 3,130,528 | $248.7M | Reduce -9.1% |
| GOOGL Alphabet Inc. Class A | 0.83% | 1,587,319 | $239.6M | Add +1.7% |
| B Barrick Gold Corp. | 0.81% | 14,085,124 | $234.3M | Add +6.4% |
| BIP Brookfield Infrastructure Pa | 0.77% | 7,113,605 | $222.2M | Add +6.5% |
| AVGO Broadcom Inc. | 0.76% | 164,525 | $218.1M | Add +5.9% |
| MGA Magna International Inc. | 0.75% | 3,950,999 | $215.3M | Reduce -6.2% |
| EFA iShares MSCI Eafe ETF | 0.73% | 2,640,185 | $210.8M | Reduce -2.5% |
| PBA Pembina Pipeline Corp. | 0.68% | 5,510,287 | $194.5M | Reduce -9.1% |
| UNH Unitedhealth Group Inc. | 0.64% | 370,320 | $183.2M | Add +2.5% |
| WCN Waste Connections Inc. | 0.61% | 1,024,328 | $176.1M | Reduce -10.0% |
| GRP.U Granite Real Estate Investme | 0.57% | 2,874,515 | $164.1M | Reduce -8.1% |
| BEP Brookfield Renewable Partner | 0.56% | 6,877,978 | $160.0M | Add +11.3% |
| FNV Franco-Nevada Corp. | 0.53% | 1,281,240 | $152.7M | Reduce -11.9% |
| BCE Bce Inc. | 0.53% | 4,458,602 | $151.5M | Add +4.3% |
| FTS Fortis Inc. | 0.52% | 3,779,823 | $149.4M | Add +19.4% |
| V Visa Inc. Class A | 0.52% | 531,207 | $148.2M | Add +10.2% |
| TMO Thermo Fisher Scientific Inc. | 0.50% | 247,982 | $144.1M | Reduce -2.1% |
| BAM Brookfield Asset Mgmt-A | 0.48% | 3,304,500 | $138.8M | Reduce -18.2% |
| NFLX Netflix Inc. | 0.46% | 218,526 | $132.7M | Reduce -2.9% |
| COST Costco Wholesale Corp. | 0.46% | 179,892 | $131.8M | Add +1.0% |
| JNJ Johnson & Johnson | 0.45% | 827,167 | $130.8M | Reduce -13.8% |
| TSLA Tesla Inc. | 0.42% | 686,811 | $120.7M | Reduce -4.4% |
| CCJ Cameco Corp. | 0.42% | 2,777,736 | $120.3M | Add +19.8% |
| LIN Linde PLC | 0.41% | 256,583 | $119.1M | Add +42.6% |
| CRESCENT PT ENERGY CORP | 0.39% | 13,632,432 | $111.5M | Add +11.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.38% | 3,207,273 | $110.6M | Add +27.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 262,381 | $110.3M | Add +2.5% |
| GIB Cgi Inc. | 0.37% | 964,776 | $106.5M | Add +33.1% |
| CVX Chevron Corp. | 0.35% | 647,156 | $102.1M | Add +11.5% |
| TRI Thomson Reuters Corp. | 0.35% | 638,005 | $99.3M | Add +9.7% |
| JPM JPMorgan Chase & Co. | 0.34% | 486,118 | $97.4M | Add +4.0% |
| AMGN Amgen Inc. | 0.34% | 340,105 | $96.7M | Add +2.2% |
| AMD Advanced Micro Devices | 0.33% | 532,381 | $96.1M | Add +5.7% |
| LLY Eli Lilly & Co. | 0.32% | 116,934 | $91.0M | Add +4.5% |
| WPM Wheaton Precious Metals Corp. | 0.31% | 1,881,470 | $88.6M | Add +50.4% |
| PEP Pepsico Inc. | 0.31% | 503,160 | $88.1M | Add +4.2% |
| FSV Firstservice Corp. | 0.30% | 526,967 | $87.3M | Add +1.3% |
| ADBE Adobe Inc. | 0.30% | 169,716 | $85.6M | Add +9.2% |
| MCD McDonald's Corp. | 0.29% | 296,404 | $83.6M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.29% | 711,765 | $82.7M | Add +1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 154,858 | $81.0M | Reduce -49.0% |
| MDT Medtronic PLC | 0.28% | 919,370 | $80.1M | Add +1.8% |
| ABT Abbott Laboratories | 0.26% | 665,149 | $75.6M | Add +1.4% |
| ISRG Intuitive Surgical Inc. | 0.26% | 188,759 | $75.3M | Reduce -0.9% |
| HD Home Depot Inc. | 0.25% | 190,932 | $73.2M | Reduce -0.8% |
| MDLZ Mondelez International Inc. Class A | 0.25% | 1,045,670 | $73.2M | Add +7.1% |
| PG The Procter & Gamble Co. | 0.25% | 440,144 | $71.4M | Add +0.3% |
| CSCO Cisco Systems Inc. | 0.25% | 1,424,913 | $71.1M | Add +3.3% |
| UNP Union Pacific Corp. | 0.24% | 276,968 | $68.1M | Add +0.9% |
| QCOM Qualcomm Inc. | 0.23% | 388,923 | $65.8M | Add +5.1% |
| MRK Merck & Co. Inc. | 0.23% | 493,632 | $65.1M | Add +1.9% |
| INTU Intuit Inc. | 0.23% | 100,175 | $65.1M | Add +28.4% |
| CRM Salesforce Inc. | 0.23% | 214,928 | $64.7M | Add +0.4% |
| MA Mastercard Inc. Class A | 0.22% | 133,948 | $64.5M | Add +6.1% |
| ABBV Abbvie Inc. | 0.22% | 353,108 | $64.3M | Reduce -0.7% |
| IQV Iqvia Holdings Inc. | 0.22% | 252,448 | $63.8M | Add +2.9% |
| RCI Rogers Communications Inc. Class B | 0.22% | 1,545,179 | $63.3M | Add +0.8% |
| BEPC Brookfield Renewable Cor-A | 0.21% | 2,454,472 | $60.2M | Add +48.8% |
| MCK McKesson Corp. | 0.21% | 110,184 | $59.2M | Reduce -1.4% |
| BBU Brookfield Business PT-Unit | 0.20% | 2,653,323 | $58.8M | Reduce -2.6% |
| SHW The Sherwin-Williams Co. | 0.20% | 163,613 | $56.8M | Add +1.1% |
| CIGI Colliers Intl GR-Subord Vot | 0.20% | 461,828 | $56.5M | Add +12.8% |
| CMCSA Comcast Corp. Class A | 0.19% | 1,275,760 | $55.3M | Add +2.7% |
| INTC Intel Corp. | 0.19% | 1,247,828 | $55.1M | Add +6.0% |
| AON Aon PLC Class A | 0.18% | 159,197 | $53.1M | Reduce -5.5% |
| TMUS T-Mobile US Inc. | 0.18% | 325,298 | $53.1M | Add +22.0% |
| HON Honeywell International Inc. | 0.18% | 257,505 | $52.9M | Add +3.8% |
| AMAT Applied Materials Inc. | 0.18% | 255,290 | $52.6M | Add +5.5% |
| PFE Pfizer Inc. | 0.18% | 1,895,998 | $52.6M | Add +0.2% |
| RSG Republic Services Inc. | 0.18% | 274,576 | $52.6M | Reduce -0.6% |
| EFX Equifax Inc. | 0.18% | 195,128 | $52.2M | Add +25.2% |
| TXN Texas Instruments Inc. | 0.18% | 293,136 | $51.1M | Add +3.8% |
Options reported separately and not counted above: EWT puts ($31.7M), EWJ puts ($18.7M), TLT calls ($5.0M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $11.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALGONQUIN PWR & (AQNCN 7.75 06/15/24) | UNIT 06/15/2024 | 511,620 | $11.0M | No change |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 36,919 | $559K | No change |
Total filed on the 13F, all lines: $28.8B.
Portfolio Sells Q4 2023 → Q1 2024
| TD Toronto-Dominion Bank | Reduce -4.8% | 3.39% | −0.73 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -49.0% | 0.28% | −0.26 |
| TSLA Tesla Inc. | Reduce -4.4% | 0.42% | −0.25 |
| TAC Transalta Corp. | Reduce -56.5% | 0.09% | −0.19 |
| MGA Magna International Inc. | Reduce -6.2% | 0.75% | −0.19 |
| BN Brookfield Corp. | Reduce -3.3% | 2.28% | −0.16 |
| NTR Nutrien Ltd. | Reduce -0.6% | 1.22% | −0.15 |
| SCI Service Corp. International | Reduce -98.5% | 0.00% | −0.15 |
| QSR Restaurant Brands Intern | Reduce -9.1% | 0.86% | −0.15 |
| SLF Sun Life Financial Inc. | Reduce -9.5% | 1.04% | −0.14 |
| DE Deere & Co. | Reduce -65.7% | 0.06% | −0.13 |
| BAM Brookfield Asset Mgmt-A | Reduce -18.2% | 0.48% | −0.13 |
| CNI Canadian Natl Railway Co. | Reduce -1.9% | 2.31% | −0.12 |
| JNJ Johnson & Johnson | Reduce -13.8% | 0.45% | −0.11 |
| PBA Pembina Pipeline Corp. | Reduce -9.1% | 0.68% | −0.11 |
| GRP.U Granite Real Estate Investme | Reduce -8.1% | 0.57% | −0.11 |
| EMLC Vaneck JPM Em Local Curr BND | Reduce -99.0% | 0.00% | −0.10 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -43.1% | 0.12% | −0.09 |
| GL Globe Life Inc. | Reduce -77.7% | 0.02% | −0.09 |
| FNV Franco-Nevada Corp. | Reduce -11.9% | 0.53% | −0.07 |
| AWK American Water Works Co. Inc. | Reduce -37.0% | 0.08% | −0.07 |
| AMT American Tower Corp. | Reduce -21.4% | 0.13% | −0.06 |
| ON On Semiconductor | Reduce -54.8% | 0.03% | −0.06 |
| HDB HDFC Bank Ltd.-ADR | Reduce -26.3% | 0.06% | −0.05 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.29% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -2.5% | 0.73% | −0.03 |
| TCN Tricon Residential Inc. | Reduce -75.3% | 0.01% | −0.03 |
| GILD Gilead Sciences Inc. | Reduce -6.7% | 0.11% | −0.03 |
| WCN Waste Connections Inc. | Reduce -10.0% | 0.61% | −0.03 |
| TECK Teck Resources Ltd.-CLS B | Reduce -2.3% | 0.99% | −0.02 |
| BTG B2GOLD Corp. | Reduce -41.7% | 0.02% | −0.02 |
| TIXT Telus International Cda Inc. | Reduce -44.0% | 0.02% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -15.8% | 0.12% | −0.02 |
| CVS CVS Health Corp. | Reduce -3.6% | 0.17% | −0.02 |
| INFY Infosys Ltd.-SP ADR | Reduce -24.7% | 0.04% | −0.02 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.02 |
| EQNR Equinor ASA-Spon ADR | Reduce -92.5% | 0.00% | −0.02 |
| MSCI MSCI Inc. | Reduce -1.0% | 0.13% | −0.01 |
| SPGI S&P Global Inc. | Reduce -1.9% | 0.09% | −0.01 |
| ERF Enerplus Corp. | Reduce -50.2% | 0.02% | −0.01 |
| PLD Prologis Inc. | Reduce -2.2% | 0.07% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -88.4% | 0.00% | −0.01 |
| SSRM SSR Mining Inc. | Reduce -17.4% | 0.00% | −0.01 |
| CCI Crown Castle Inc. | Reduce -7.3% | 0.03% | −0.01 |
| NEM Newmont Corp. | Reduce -0.1% | 0.03% | −0.01 |
| BBU Brookfield Business PT-Unit | Reduce -2.6% | 0.20% | −0.01 |
| NOW ServiceNow Inc. | Reduce -4.9% | 0.13% | −0.01 |
| ROP Roper Technologies Inc. | Reduce -0.9% | 0.09% | −0.01 |
| CME Cme Group Inc. | Reduce -0.5% | 0.09% | −0.01 |
| CEMB iShares JP Morgan Em Corpora | Reduce -0.3% | 0.06% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +1.7% | 1.96% | +0.82 |
| MFC Manulife Financial Corp. | Add +16.9% | 2.10% | +0.38 |
| MSFT Microsoft Corp. | Add +7.8% | 2.95% | +0.32 |
| CNQ Canadian Natural Resources | Add +2.6% | 3.14% | +0.30 |
| AMZN Amazon.com Inc. | Add +8.8% | 1.57% | +0.26 |
| SU Suncor Energy Inc. | Add +9.8% | 1.76% | +0.26 |
| META Meta Platforms Inc. Class A | Add +4.6% | 1.02% | +0.25 |
| BNS Bank of Nova Scotia | Add +13.9% | 1.78% | +0.19 |
| CP Canadian Pacific Kansas City | Add +2.5% | 3.00% | +0.16 |
| LIN Linde PLC | Add +42.6% | 0.41% | +0.14 |
| OR Osisko Gold Royalties Ltd. | Add +815.8% | 0.14% | +0.13 |
| AVGO Broadcom Inc. | Add +5.9% | 0.76% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +12.3% | 0.88% | +0.10 |
| GIB Cgi Inc. | Add +33.1% | 0.37% | +0.08 |
| WPM Wheaton Precious Metals Corp. | Add +50.4% | 0.31% | +0.08 |
| LLY Eli Lilly & Co. | Add +4.5% | 0.32% | +0.07 |
| CRESCENT PT ENERGY CORP | Add +11.6% | 0.39% | +0.07 |
| NOA North American Construction | Add +317.1% | 0.08% | +0.06 |
| ZBRA Zebra Technologies Corp. Class A | Add +715.8% | 0.07% | +0.06 |
| GFL GFL Environmental Inc.-Sub VT | Add +27.3% | 0.38% | +0.06 |
| AMD Advanced Micro Devices | Add +5.7% | 0.33% | +0.06 |
| AEM Agnico Eagle Mines Ltd. | Add +3.3% | 1.21% | +0.05 |
| KEYS Keysight Technologies Inc. | Add +351.4% | 0.06% | +0.05 |
| V Visa Inc. Class A | Add +10.2% | 0.52% | +0.05 |
| INTU Intuit Inc. | Add +28.4% | 0.23% | +0.04 |
| CCJ Cameco Corp. | Add +19.8% | 0.42% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.5% | 0.38% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +4.0% | 0.34% | +0.04 |
| EFX Equifax Inc. | Add +25.2% | 0.18% | +0.04 |
| AMAT Applied Materials Inc. | Add +5.5% | 0.18% | +0.04 |
| MU Micron Technology Inc. | Add +6.0% | 0.13% | +0.04 |
| DIS The Walt Disney Co. | Add +4.4% | 0.13% | +0.03 |
| WMT Walmart Inc. | Add +19.4% | 0.15% | +0.03 |
| BEPC Brookfield Renewable Cor-A | Add +48.8% | 0.21% | +0.03 |
| CVX Chevron Corp. | Add +11.5% | 0.35% | +0.03 |
| FTS Fortis Inc. | Add +19.4% | 0.52% | +0.03 |
| BKLN Invesco Senior Loan ETF | Add +66.9% | 0.08% | +0.03 |
| MRK Merck & Co. Inc. | Add +1.9% | 0.23% | +0.03 |
| QCOM Qualcomm Inc. | Add +5.1% | 0.23% | +0.03 |
| BIPC Brookfield Infrastructure-A | Add +124.2% | 0.05% | +0.03 |
| PRAX Praxis Precision Medicines I | Add +10.6% | 0.04% | +0.03 |
| TRI Thomson Reuters Corp. | Add +9.7% | 0.35% | +0.03 |
| ORCL Oracle Corp. | Add +16.6% | 0.11% | +0.02 |
| TMUS T-Mobile US Inc. | Add +22.0% | 0.18% | +0.02 |
| XOM Exxon Mobil Corp. | Add +1.0% | 0.29% | +0.02 |
| SAP Sap SE-Sponsored ADR | New | 0.02% | +0.02 |
| CM Can Imperial BK of Commerce | Add +3.7% | 2.12% | +0.02 |
| LRCX Lam Research Corp. | Add +5.2% | 0.13% | +0.02 |
| GE General Electric | Add +3.1% | 0.09% | +0.02 |
| MA Mastercard Inc. Class A | Add +6.1% | 0.22% | +0.02 |
Options Activity Q4 2023 → Q1 2024
| GLD SPDR Gold Shares | put | Sold out | 233,500 | $44.6Mbefore exit |
| EWT iShares MSCI Taiwan ETF | put | New | 651,942 | $31.7M |
| EWJ iShares MSCI Japan ETF | put | New | 262,500 | $18.7M |
| TLT iShares 20+ Year Treasury BD | call | New | 52,500 | $5.0M |
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 | 1,428 | $45.6B | RY, NVDA, TD, AAPL, BMO |
| Q1 2026 | 1,371 | $40.9B | RY, NVDA, AAPL, TD, MSFT |
| Q4 2025 | 1,366 | $41.4B | RY, NVDA, AAPL, TD, MSFT |
| Q3 2025 | 1,239 | $34.5B | RY, TD, NVDA, MSFT, AAPL |
| Q2 2025 | 1,219 | $31.8B | RY, TD, MSFT, NVDA, BN |
| Q1 2025 | 1,179 | $30.1B | RY, TD, ENB, AAPL, MSFT |
| Q4 2024 | 1,218 | $30.5B | RY, ENB, AAPL, MSFT, TD |
| Q3 2024 | 1,210 | $30.8B | RY, TD, ENB, MSFT, AAPL |
| Q2 2024 | 1,144 | $28.1B | RY, MSFT, TD, ENB, CNQ |
| Q1 2024 | 1,124 | $28.8B | RY, TD, CNQ, BMO, CP |