CIBC Asset Management Inc
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 1, 2024), CIBC Asset Management Inc reported 1,144 stock positions worth $28.1 billion. Its top holding was Royal Bank of Canada (RY) at 5.1% of the portfolio, followed by Microsoft (MSFT, 3.2%) and Toronto-Dominion Bank (TD, 3.1%). Compared with Q1 2024, it opened 97 new positions, sold out of 80, added to 367 and reduced 631. The biggest buy was Eli Lilly (LLY, shares +63%) and the biggest sale Bank of Montreal (BMO, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001021926
- Portfolio Value
- $28.1B (Q2 2024)
- SEC Filing
- 0001172661-24-003010 ↗ filed Aug 1, 2024
Holdings Value
Holdings 1,144 stocks · $28.1B
| RY Royal Bank of Canada | 5.11% | 13,498,124 | $1.4B | Reduce -3.5% |
| MSFT Microsoft Corp. | 3.17% | 1,995,660 | $892.0M | Reduce -1.2% |
| TD Toronto-Dominion Bank | 3.06% | 15,662,330 | $860.4M | Reduce -3.0% |
| ENB Enbridge Inc. | 2.94% | 23,224,161 | $825.7M | Reduce -1.7% |
| CNQ Canadian Natural Resources | 2.90% | 22,916,027 | $815.8M | Reduce -3.2% |
| AAPL Apple Inc. | 2.70% | 3,600,521 | $758.3M | Reduce -0.9% |
| NVDA Nvidia Corp. | 2.68% | 6,095,304 | $753.0M | Reduce -2.2% |
| CP Canadian Pacific Kansas City | 2.63% | 9,405,764 | $740.3M | Reduce -3.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 2.44% | 8,160,044 | $684.5M | Reduce -9.8% |
| MFC Manulife Financial Corp. | 2.29% | 24,179,905 | $643.5M | Reduce -0.1% |
| BN Brookfield Corp. | 2.09% | 14,144,319 | $587.9M | Reduce -9.7% |
| CNI Canadian Natl Railway Co. | 2.03% | 4,819,445 | $569.1M | Reduce -4.3% |
| SU Suncor Energy Inc. | 1.87% | 13,761,922 | $524.3M | Add +0.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 1.86% | 10,976,768 | $521.6M | Reduce -8.8% |
| AMZN Amazon.com Inc. | 1.68% | 2,438,239 | $471.2M | Reduce -2.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.60% | 9,833,715 | $449.5M | Reduce -0.7% |
| AEM Agnico Eagle Mines Ltd. | 1.42% | 6,083,606 | $397.7M | Add +4.1% |
| VOO Vanguard S&P 500 ETF | 1.41% | 794,226 | $397.2M | Add +0.1% |
| TU Telus Corp. | 1.21% | 22,404,617 | $339.0M | Add +1.8% |
| VEU Vanguard Ftse All-World Ex-U | 1.20% | 5,755,713 | $337.5M | No change |
| TRP TC Energy Corp. | 1.15% | 8,515,086 | $322.6M | Add +2.6% |
| SLF Sun Life Financial Inc. | 1.12% | 6,407,407 | $314.0M | Add +16.5% |
| SHOP Shopify Inc. Class A | 1.11% | 4,721,334 | $311.8M | Add +3.2% |
| TECK Teck Resources Ltd.-CLS B | 1.08% | 6,330,121 | $303.2M | Add +1.4% |
| META Meta Platforms Inc. Class A | 1.07% | 595,540 | $300.3M | Reduce -1.3% |
| NTR Nutrien Ltd. | 1.06% | 5,854,797 | $297.9M | Reduce -9.0% |
| GOOG Alphabet Inc. Class C | 1.06% | 1,620,542 | $297.2M | Reduce -2.8% |
| CVE Cenovus Energy Inc. | 1.05% | 14,961,751 | $293.9M | Add +5.8% |
| GOOGL Alphabet Inc. Class A | 1.00% | 1,546,326 | $281.7M | Reduce -2.6% |
| AVGO Broadcom Inc. | 0.90% | 157,769 | $253.3M | Reduce -4.1% |
| B Barrick Gold Corp. | 0.86% | 14,546,530 | $242.5M | Add +3.3% |
| PBA Pembina Pipeline Corp. | 0.78% | 5,924,706 | $219.7M | Add +7.5% |
| EFA iShares MSCI Eafe ETF | 0.75% | 2,708,009 | $212.1M | Add +2.6% |
| QSR Restaurant Brands Intern | 0.71% | 2,850,861 | $200.8M | Reduce -8.9% |
| WCN Waste Connections Inc. | 0.70% | 1,123,033 | $196.9M | Add +9.6% |
| BIP Brookfield Infrastructure Pa | 0.68% | 6,925,631 | $190.1M | Reduce -2.6% |
| UNH Unitedhealth Group Inc. | 0.65% | 357,823 | $182.2M | Reduce -3.4% |
| BCE Bce Inc. | 0.64% | 5,520,090 | $178.7M | Add +23.8% |
| LLY Eli Lilly & Co. | 0.62% | 190,962 | $172.9M | Add +63.3% |
| BEP Brookfield Renewable Partner | 0.61% | 6,915,814 | $171.0M | Add +0.6% |
| VRN Veren Inc. | 0.55% | 19,773,000 | $155.9M | Add +45.0% |
| FTS Fortis Inc. | 0.54% | 3,938,001 | $153.0M | Add +4.2% |
| COST Costco Wholesale Corp. | 0.54% | 178,093 | $151.4M | Reduce -1.0% |
| GRP.U Granite Real Estate Investme | 0.53% | 3,016,539 | $149.4M | Add +4.9% |
| NFLX Netflix Inc. | 0.52% | 217,564 | $146.8M | Reduce -0.4% |
| BAM Brookfield Asset Mgmt-A | 0.49% | 3,583,113 | $136.3M | Add +8.4% |
| V Visa Inc. Class A | 0.48% | 514,774 | $135.1M | Reduce -3.1% |
| TSLA Tesla Inc. | 0.48% | 682,044 | $135.0M | Reduce -0.7% |
| TMO Thermo Fisher Scientific Inc. | 0.47% | 239,400 | $132.4M | Reduce -3.5% |
| TRI Thomson Reuters Corp. | 0.47% | 776,976 | $130.9M | Add +21.8% |
| MGA Magna International Inc. | 0.45% | 3,027,264 | $126.8M | Reduce -23.4% |
| FNV Franco-Nevada Corp. | 0.44% | 1,040,702 | $123.3M | Reduce -18.8% |
| CCJ Cameco Corp. | 0.42% | 2,391,227 | $117.6M | Reduce -13.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.41% | 212,406 | $115.6M | Add +37.2% |
| LIN Linde PLC | 0.41% | 261,897 | $114.9M | Add +2.1% |
| WPM Wheaton Precious Metals Corp. | 0.38% | 2,054,585 | $107.7M | Add +9.2% |
| AMGN Amgen Inc. | 0.35% | 319,078 | $99.7M | Reduce -6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 242,746 | $98.7M | Reduce -7.5% |
| XOM Exxon Mobil Corp. | 0.35% | 856,674 | $98.6M | Add +20.4% |
| CVX Chevron Corp. | 0.34% | 612,868 | $95.9M | Reduce -5.3% |
| JPM JPMorgan Chase & Co. | 0.34% | 468,905 | $94.8M | Reduce -3.5% |
| ADBE Adobe Inc. | 0.33% | 165,984 | $92.2M | Reduce -2.2% |
| GFL GFL Environmental Inc.-Sub VT | 0.32% | 2,332,415 | $90.8M | Reduce -27.3% |
| JNJ Johnson & Johnson | 0.31% | 601,268 | $87.9M | Reduce -27.3% |
| PEP Pepsico Inc. | 0.29% | 500,928 | $82.6M | Reduce -0.4% |
| ISRG Intuitive Surgical Inc. | 0.29% | 180,298 | $80.2M | Reduce -4.5% |
| AMD Advanced Micro Devices | 0.27% | 474,456 | $77.0M | Reduce -10.9% |
| MCD McDonald's Corp. | 0.27% | 293,330 | $74.8M | Reduce -1.0% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 1,101,378 | $72.1M | Add +5.3% |
| QCOM Qualcomm Inc. | 0.25% | 357,234 | $71.2M | Reduce -8.2% |
| ABT Abbott Laboratories | 0.25% | 681,943 | $70.9M | Add +2.5% |
| MDT Medtronic PLC | 0.25% | 891,075 | $70.1M | Reduce -3.1% |
| PG The Procter & Gamble Co. | 0.25% | 423,007 | $69.8M | Reduce -3.9% |
| INTU Intuit Inc. | 0.24% | 103,074 | $67.7M | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.24% | 1,406,897 | $66.8M | Reduce -1.3% |
| GIB Cgi Inc. | 0.23% | 656,533 | $65.5M | Reduce -31.9% |
| HD Home Depot Inc. | 0.22% | 182,850 | $62.9M | Reduce -4.2% |
| MCK McKesson Corp. | 0.22% | 106,867 | $62.4M | Reduce -3.0% |
| UNP Union Pacific Corp. | 0.22% | 268,533 | $60.8M | Reduce -3.0% |
| AMAT Applied Materials Inc. | 0.21% | 252,595 | $59.6M | Reduce -1.1% |
| ABBV Abbvie Inc. | 0.21% | 342,205 | $58.7M | Reduce -3.1% |
| CRM Salesforce Inc. | 0.20% | 223,125 | $57.4M | Add +3.8% |
| TXN Texas Instruments Inc. | 0.20% | 289,903 | $56.4M | Reduce -1.1% |
| TMUS T-Mobile US Inc. | 0.20% | 319,508 | $56.3M | Reduce -1.8% |
| RCI Rogers Communications Inc. Class B | 0.20% | 1,513,815 | $56.0M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 0.20% | 126,077 | $55.6M | Reduce -5.9% |
| BEPC Brookfield Renewable Cor-A | 0.20% | 1,939,051 | $54.9M | Reduce -21.0% |
| AON Aon PLC Class A | 0.19% | 186,445 | $54.7M | Add +17.1% |
| IQV Iqvia Holdings Inc. | 0.19% | 255,262 | $54.0M | Add +1.1% |
| MSI Motorola Solutions Inc. | 0.19% | 139,160 | $53.7M | Reduce -2.9% |
| MBB iShares MBS ETF | 0.19% | 579,658 | $53.2M | Add +20.7% |
| HON Honeywell International Inc. | 0.19% | 247,015 | $52.7M | Reduce -4.1% |
| RSG Republic Services Inc. | 0.18% | 267,482 | $52.0M | Reduce -2.6% |
| KO The Coca-Cola Co. | 0.18% | 804,261 | $51.2M | Reduce -3.6% |
| MRK Merck & Co. Inc. | 0.18% | 405,167 | $50.2M | Reduce -17.9% |
| DHR Danaher Corp. | 0.18% | 198,277 | $49.5M | Add +53.9% |
| CMCSA Comcast Corp. Class A | 0.17% | 1,252,639 | $49.1M | Reduce -1.8% |
| RBA RB Global Inc. | 0.17% | 626,603 | $47.8M | Add +1879.0% |
| CIGI Colliers Intl GR-Subord Vot | 0.17% | 426,069 | $47.5M | Reduce -7.7% |
| SHW The Sherwin-Williams Co. | 0.17% | 159,041 | $47.5M | Reduce -2.8% |
Options reported separately and not counted above: TLT puts ($3.2M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $551K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 36,919 | $551K | No change |
Total filed on the 13F, all lines: $28.1B.
Portfolio Sells Q1 2024 → Q2 2024
| BMO Bank of Montreal | Reduce -9.8% | 2.44% | −0.64 |
| CP Canadian Pacific Kansas City | Reduce -3.8% | 2.63% | −0.36 |
| TD Toronto-Dominion Bank | Reduce -3.0% | 3.06% | −0.33 |
| MGA Magna International Inc. | Reduce -23.4% | 0.45% | −0.30 |
| CNI Canadian Natl Railway Co. | Reduce -4.3% | 2.03% | −0.28 |
| CM Can Imperial BK of Commerce | Reduce -8.8% | 1.86% | −0.26 |
| CNQ Canadian Natural Resources | Reduce -3.2% | 2.90% | −0.24 |
| BN Brookfield Corp. | Reduce -9.7% | 2.09% | −0.19 |
| BNS Bank of Nova Scotia | Reduce -0.7% | 1.60% | −0.18 |
| NTR Nutrien Ltd. | Reduce -9.0% | 1.06% | −0.16 |
| QSR Restaurant Brands Intern | Reduce -8.9% | 0.71% | −0.15 |
| JNJ Johnson & Johnson | Reduce -27.3% | 0.31% | −0.14 |
| FSV Firstservice Corp. | Reduce -42.1% | 0.17% | −0.14 |
| GIB Cgi Inc. | Reduce -31.9% | 0.23% | −0.14 |
| BIP Brookfield Infrastructure Pa | Reduce -2.6% | 0.68% | −0.10 |
| FNV Franco-Nevada Corp. | Reduce -18.8% | 0.44% | −0.09 |
| PFE Pfizer Inc. | Reduce -47.1% | 0.10% | −0.08 |
| AMT American Tower Corp. | Reduce -55.1% | 0.06% | −0.07 |
| BBU Brookfield Business PT-Unit | Reduce -25.4% | 0.13% | −0.07 |
| AWK American Water Works Co. Inc. | Reduce -84.1% | 0.01% | −0.07 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -27.3% | 0.32% | −0.06 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.06 |
| AMD Advanced Micro Devices | Reduce -10.9% | 0.27% | −0.06 |
| CVS CVS Health Corp. | Reduce -9.9% | 0.12% | −0.05 |
| GLD SPDR Gold Shares | Reduce -96.0% | 0.00% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -17.9% | 0.18% | −0.05 |
| STN Stantec Inc. | Reduce -54.2% | 0.04% | −0.05 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -20.9% | 0.10% | −0.03 |
| V Visa Inc. Class A | Reduce -3.1% | 0.48% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.5% | 0.35% | −0.03 |
| HD Home Depot Inc. | Reduce -4.2% | 0.22% | −0.03 |
| DIS The Walt Disney Co. | Reduce -6.8% | 0.10% | −0.03 |
| RVNC Revance Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.5% | 0.47% | −0.03 |
| ENB Enbridge Inc. | Reduce -1.7% | 2.94% | −0.03 |
| MDT Medtronic PLC | Reduce -3.1% | 0.25% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -2.8% | 0.17% | −0.03 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -7.7% | 0.17% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -5.9% | 0.20% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -16.4% | 0.05% | −0.03 |
| HDB HDFC Bank Ltd.-ADR | Reduce -48.5% | 0.04% | −0.03 |
| MCD McDonald's Corp. | Reduce -1.0% | 0.27% | −0.02 |
| BBUC Brookfield Business Class A | Reduce -7.8% | 0.10% | −0.02 |
| TFII Tfi International Inc. | Reduce -7.4% | 0.14% | −0.02 |
| RCI Rogers Communications Inc. Class B | Reduce -2.0% | 0.20% | −0.02 |
| UNP Union Pacific Corp. | Reduce -3.0% | 0.22% | −0.02 |
| TRV The Travelers Cos Inc. | Reduce -41.1% | 0.02% | −0.02 |
| TIXT Telus International Cda Inc. | Reduce -94.4% | 0.00% | −0.02 |
| MSCI MSCI Inc. | Reduce -3.3% | 0.11% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| LLY Eli Lilly & Co. | Add +63.3% | 0.62% | +0.30 |
| AEM Agnico Eagle Mines Ltd. | Add +4.1% | 1.42% | +0.20 |
| VRN Veren Inc. | Add +45.0% | 0.55% | +0.17 |
| RBA RB Global Inc. | Add +1879.0% | 0.17% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +37.2% | 0.41% | +0.13 |
| TRI Thomson Reuters Corp. | Add +21.8% | 0.47% | +0.12 |
| AGI Alamos Gold Inc. Class A | Add +311.9% | 0.15% | +0.12 |
| BCE Bce Inc. | Add +23.8% | 0.64% | +0.11 |
| PBA Pembina Pipeline Corp. | Add +7.5% | 0.78% | +0.11 |
| SU Suncor Energy Inc. | Add +0.1% | 1.87% | +0.10 |
| WCN Waste Connections Inc. | Add +9.6% | 0.70% | +0.09 |
| VOO Vanguard S&P 500 ETF | Add +0.1% | 1.41% | +0.09 |
| TECK Teck Resources Ltd.-CLS B | Add +1.4% | 1.08% | +0.09 |
| WPM Wheaton Precious Metals Corp. | Add +9.2% | 0.38% | +0.07 |
| SLF Sun Life Financial Inc. | Add +16.5% | 1.12% | +0.07 |
| ZTS Zoetis Inc. | Add +119.3% | 0.12% | +0.07 |
| DHR Danaher Corp. | Add +53.9% | 0.18% | +0.06 |
| CVE Cenovus Energy Inc. | Add +5.8% | 1.05% | +0.06 |
| XOM Exxon Mobil Corp. | Add +20.4% | 0.35% | +0.06 |
| KGC Kinross Gold Corp. | Add +16.2% | 0.17% | +0.06 |
| BEP Brookfield Renewable Partner | Add +0.6% | 0.61% | +0.05 |
| B Barrick Gold Corp. | Add +3.3% | 0.86% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +60.6% | 0.09% | +0.05 |
| MBB iShares MBS ETF | Add +20.7% | 0.19% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +14.3% | 0.15% | +0.03 |
| KKR KKR & Co. Inc. | Add +271.0% | 0.04% | +0.03 |
| FTS Fortis Inc. | Add +4.2% | 0.54% | +0.03 |
| EFA iShares MSCI Eafe ETF | Add +2.6% | 0.75% | +0.02 |
| RYAAY Ryanair Holdings PLC-SP ADR | New | 0.02% | +0.02 |
| PPL PPL Corp. | Add +105.7% | 0.03% | +0.02 |
| INTU Intuit Inc. | Add +2.9% | 0.24% | +0.01 |
| PAAS Pan American Silver Corp. | Add +7.4% | 0.04% | +0.01 |
| REGN Regeneron Pharmaceuticals | Add +0.0% | 0.12% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +5.3% | 0.09% | +0.01 |
| TLT iShares 20+ Year Treasury BD | New | 0.01% | +0.01 |
| TAC Transalta Corp. | Add +0.2% | 0.10% | +0.01 |
| ARM Arm Holdings PLC-ADR | New | 0.01% | +0.01 |
| VST Vistra Corp. | Add +277.4% | 0.01% | +0.01 |
| SEIC Sei Investments Company | Add +1444.3% | 0.01% | +0.01 |
| NGD New Gold Inc. | Add +196.2% | 0.01% | +0.01 |
| ZBRA Zebra Technologies Corp. Class A | Add +9.9% | 0.08% | +0.01 |
| AON Aon PLC Class A | Add +17.1% | 0.19% | +0.01 |
| PDD PDD Holdings Inc. | Add +2.7% | 0.06% | +0.01 |
| NVS Novartis AG-Sponsored ADR | New | 0.01% | +0.01 |
| SAP Sap SE-Sponsored ADR | Add +30.9% | 0.03% | +0.01 |
| BKLN Invesco Senior Loan ETF | Add +8.6% | 0.09% | +0.01 |
| CLS Celestica Inc. | Add +8.0% | 0.03% | +0.01 |
| SNPS Synopsys Inc. | Add +0.2% | 0.13% | +0.01 |
| KDP Keurig Dr Pepper Inc. | Add +9.7% | 0.05% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.8% | 0.09% | +0.01 |
Options Activity Q1 2024 → Q2 2024
| EWT iShares MSCI Taiwan ETF | put | Sold out | 651,942 | $31.7Mbefore exit |
| EWJ iShares MSCI Japan ETF | put | Sold out | 262,500 | $18.7Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | Sold out | 52,500 | $5.0Mbefore exit |
| TLT iShares 20+ Year Treasury BD | put | New | 35,000 | $3.2M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| ALGONQUIN PWR & (AQNCN 7.75 06/15/24) | UNIT 06/15/2024 | Sold out | 511,620 | $11.0Mbefore 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 | 1,428 | $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 |