CIBC Asset Management Inc
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), CIBC Asset Management Inc reported 1,218 stock positions worth $30.5 billion. Its top holding was Royal Bank of Canada (RY) at 5.3% of the portfolio, followed by Enbridge (ENB, 3.4%) and Apple (AAPL, 3.3%). Compared with Q3 2024, it opened 102 new positions, sold out of 95, added to 923 and reduced 177. The biggest buy was Amazon.com (AMZN, shares +10%) and the biggest sale Canadian Pacific Kansas City (CP, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001021926
- Portfolio Value
- $30.5B (Q4 2024)
- SEC Filing
- 0001172661-25-000442 ↗ filed Jan 31, 2025
Holdings Value
Holdings 1,218 stocks · $30.5B
| RY Royal Bank of Canada | 5.27% | 13,327,699 | $1.6B | Reduce -2.2% |
| ENB Enbridge Inc. | 3.36% | 24,135,633 | $1.0B | Reduce -0.1% |
| AAPL Apple Inc. | 3.30% | 4,024,242 | $1.0B | Add +3.9% |
| MSFT Microsoft Corp. | 3.02% | 2,185,698 | $921.0M | Add +4.1% |
| TD Toronto-Dominion Bank | 2.89% | 16,575,599 | $882.2M | Add +0.4% |
| NVDA Nvidia Corp. | 2.88% | 6,532,220 | $877.1M | Add +2.5% |
| BN Brookfield Corp. | 2.67% | 14,178,133 | $814.6M | Add +6.2% |
| CNQ Canadian Natural Resources | 2.45% | 24,109,432 | $746.0M | Add +5.6% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 2.35% | 11,373,983 | $717.9M | Add +0.2% |
| AMZN Amazon.com Inc. | 2.04% | 2,838,468 | $622.6M | Add +9.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 2.04% | 6,371,405 | $620.9M | Reduce -3.9% |
| MFC Manulife Financial Corp. | 2.01% | 19,882,697 | $612.2M | Reduce -10.4% |
| CP Canadian Pacific Kansas City | 1.86% | 7,816,483 | $567.3M | Reduce -13.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.81% | 10,259,279 | $551.8M | Add +1.8% |
| CNI Canadian Natl Railway Co. | 1.70% | 5,119,674 | $519.8M | Add +12.6% |
| AEM Agnico Eagle Mines Ltd. | 1.64% | 6,383,024 | $500.0M | Add +5.5% |
| SHOP Shopify Inc. Class A | 1.63% | 4,680,449 | $498.0M | Reduce -2.0% |
| SU Suncor Energy Inc. | 1.57% | 13,409,006 | $479.8M | Reduce -3.8% |
| SLF Sun Life Financial Inc. | 1.40% | 7,192,059 | $427.7M | Add +10.8% |
| VOO Vanguard S&P 500 ETF | 1.28% | 722,007 | $389.0M | Reduce -3.3% |
| VEU Vanguard Ftse All-World Ex-U | 1.17% | 6,201,713 | $356.0M | No change |
| AVGO Broadcom Inc. | 1.13% | 1,488,597 | $345.2M | Reduce -12.1% |
| TRP TC Energy Corp. | 1.09% | 7,123,344 | $331.9M | Add +8.4% |
| META Meta Platforms Inc. Class A | 1.07% | 559,463 | $327.6M | Reduce -10.9% |
| GOOG Alphabet Inc. Class C | 1.06% | 1,703,231 | $324.1M | Add +1.9% |
| GOOGL Alphabet Inc. Class A | 1.05% | 1,689,318 | $319.8M | Add +3.5% |
| TSLA Tesla Inc. | 0.95% | 717,158 | $289.6M | Reduce -1.0% |
| TECK Teck Resources Ltd.-CLS B | 0.88% | 6,623,228 | $270.0M | Add +2.0% |
| TU Telus Corp. | 0.83% | 18,718,784 | $253.8M | Reduce -6.9% |
| EFA iShares MSCI Eafe ETF | 0.76% | 3,081,835 | $233.0M | Add +7.3% |
| PBA Pembina Pipeline Corp. | 0.71% | 5,885,576 | $217.1M | Reduce -8.1% |
| CCJ Cameco Corp. | 0.64% | 3,777,332 | $195.0M | Reduce -0.0% |
| QSR Restaurant Brands Intern | 0.64% | 2,971,299 | $194.7M | Add +0.1% |
| BIP Brookfield Infrastructure Pa | 0.63% | 6,104,907 | $193.6M | Reduce -11.7% |
| BEP Brookfield Renewable Partner | 0.63% | 8,472,170 | $192.6M | Add +23.8% |
| UNH Unitedhealth Group Inc. | 0.63% | 379,646 | $191.9M | Add +0.0% |
| NFLX Netflix Inc. | 0.61% | 207,779 | $185.1M | Reduce -6.4% |
| TRI Thomson Reuters Corp. | 0.61% | 1,153,240 | $185.0M | Add +52.2% |
| GRTUF Granite Real Estate Investme | 0.56% | 3,508,715 | $171.6M | Add +4.8% |
| V Visa Inc. Class A | 0.56% | 539,807 | $170.5M | Add +0.1% |
| LLY Eli Lilly & Co. | 0.54% | 214,362 | $165.5M | Add +4.0% |
| WCN Waste Connections Inc. | 0.54% | 952,003 | $163.6M | Reduce -0.8% |
| BAM Brookfield Asset Mgmt-A | 0.52% | 2,902,312 | $158.5M | Reduce -26.6% |
| FTS Fortis Inc. | 0.50% | 3,670,184 | $152.4M | Reduce -6.5% |
| COST Costco Wholesale Corp. | 0.48% | 161,401 | $147.9M | Reduce -12.8% |
| WPM Wheaton Precious Metals Corp. | 0.47% | 2,541,133 | $144.4M | Add +11.8% |
| AGI Alamos Gold Inc. Class A | 0.47% | 7,726,726 | $142.9M | Add +59.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 230,348 | $135.0M | Reduce -6.0% |
| FNV Franco-Nevada Corp. | 0.44% | 1,136,533 | $133.5M | Add +11.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 275,357 | $124.8M | Add +3.9% |
| JPM JPMorgan Chase & Co. | 0.41% | 520,041 | $124.6M | Add +4.3% |
| NTR Nutrien Ltd. | 0.41% | 2,766,362 | $123.7M | Reduce -22.7% |
| MGA Magna International Inc. | 0.40% | 2,914,660 | $121.9M | Reduce -2.2% |
| TMO Thermo Fisher Scientific Inc. | 0.40% | 232,610 | $121.0M | Reduce -5.3% |
| LIN Linde PLC | 0.37% | 271,042 | $113.4M | Add +1.3% |
| BCE Bce Inc. | 0.35% | 4,595,036 | $106.4M | Reduce -16.1% |
| CVE Cenovus Energy Inc. | 0.34% | 6,951,767 | $105.2M | Reduce -25.0% |
| JNJ Johnson & Johnson | 0.34% | 727,111 | $105.1M | Add +14.6% |
| B Barrick Gold Corp. | 0.34% | 6,650,384 | $103.3M | Reduce -52.3% |
| XOM Exxon Mobil Corp. | 0.33% | 927,428 | $99.8M | Add +2.5% |
| AMGN Amgen Inc. | 0.32% | 369,511 | $96.3M | Add +10.2% |
| CVX Chevron Corp. | 0.30% | 622,956 | $90.2M | Reduce -0.1% |
| RBA RB Global Inc. | 0.29% | 973,043 | $88.9M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 0.29% | 1,483,656 | $87.8M | Add +0.8% |
| ISRG Intuitive Surgical Inc. | 0.29% | 167,721 | $87.5M | Reduce -11.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.28% | 1,954,967 | $87.0M | Reduce -2.5% |
| TMUS T-Mobile US Inc. | 0.28% | 389,772 | $86.0M | Add +20.1% |
| FSV Firstservice Corp. | 0.27% | 457,735 | $83.1M | Add +57.4% |
| PEP Pepsico Inc. | 0.27% | 546,123 | $83.0M | Add +2.1% |
| AMD Advanced Micro Devices | 0.25% | 638,091 | $77.1M | Add +26.0% |
| PG The Procter & Gamble Co. | 0.25% | 455,930 | $76.4M | Add +2.2% |
| MA Mastercard Inc. Class A | 0.25% | 145,132 | $76.4M | Add +7.8% |
| CRM Salesforce Inc. | 0.25% | 225,597 | $75.4M | Reduce -1.3% |
| HD Home Depot Inc. | 0.24% | 191,537 | $74.5M | Reduce -1.0% |
| MDT Medtronic PLC | 0.24% | 927,239 | $74.1M | Add +1.6% |
| WMT Walmart Inc. | 0.24% | 818,229 | $73.9M | Add +9.1% |
| INTU Intuit Inc. | 0.24% | 114,479 | $72.0M | Add +7.5% |
| ADBE Adobe Inc. | 0.23% | 156,280 | $69.5M | Add +2.4% |
| MCD McDonald's Corp. | 0.23% | 238,135 | $69.0M | Reduce -20.5% |
| AON Aon PLC Class A | 0.22% | 188,201 | $67.5M | Add +1.1% |
| BEPC Brookfield Renewable Corp. | 0.22% | 2,366,163 | $66.9M | Reduce -3.1% |
| ABT Abbott Laboratories | 0.22% | 591,636 | $66.9M | Reduce -15.1% |
| UNP Union Pacific Corp. | 0.21% | 283,434 | $64.6M | Add +3.6% |
| KGC Kinross Gold Corp. | 0.21% | 6,846,119 | $63.5M | Add +13.2% |
| AMAT Applied Materials Inc. | 0.20% | 373,893 | $60.8M | Add +41.9% |
| QCOM Qualcomm Inc. | 0.20% | 394,029 | $60.5M | Add +2.3% |
| ABBV Abbvie Inc. | 0.20% | 334,806 | $59.5M | Reduce -7.6% |
| TXN Texas Instruments Inc. | 0.19% | 313,959 | $58.9M | Add +2.5% |
| HON Honeywell International Inc. | 0.19% | 258,562 | $58.4M | Add +0.3% |
| DHR Danaher Corp. | 0.19% | 254,327 | $58.3M | Add +24.4% |
| GIL Gildan Activewear Inc. | 0.19% | 1,210,314 | $57.4M | Add +545.1% |
| OR Osisko Gold Royalties Ltd. | 0.18% | 3,111,398 | $56.2M | Add +21.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 1,267,677 | $55.7M | Add +5.0% |
| EFX Equifax Inc. | 0.18% | 216,497 | $55.1M | Add +0.6% |
| KO The Coca-Cola Co. | 0.18% | 877,513 | $54.6M | Add +3.1% |
| SHW The Sherwin-Williams Co. | 0.18% | 159,415 | $54.1M | Reduce -0.8% |
| BKNG Booking Holdings Inc. | 0.17% | 10,671 | $53.0M | Add +2.2% |
| MDLZ Mondelez International Inc. Class A | 0.17% | 884,268 | $52.7M | Reduce -20.6% |
| PANW Palo Alto Networks Inc. | 0.17% | 285,535 | $52.0M | Add +6.7% |
| MBB iShares MBS ETF | 0.17% | 566,286 | $51.9M | Reduce -1.6% |
Options reported separately and not counted above: TLT calls ($6.1M).
Portfolio Sells Q3 2024 → Q4 2024
| CP Canadian Pacific Kansas City | Reduce -13.1% | 1.86% | −0.65 |
| B Barrick Gold Corp. | Reduce -52.3% | 0.34% | −0.56 |
| BCE Bce Inc. | Reduce -16.1% | 0.35% | −0.27 |
| TU Telus Corp. | Reduce -6.9% | 0.83% | −0.27 |
| RY Royal Bank of Canada | Reduce -2.2% | 5.27% | −0.27 |
| VRN Veren Inc. | Reduce -59.3% | 0.11% | −0.21 |
| CVE Cenovus Energy Inc. | Reduce -25.0% | 0.34% | −0.16 |
| NTR Nutrien Ltd. | Reduce -22.7% | 0.41% | −0.15 |
| BIP Brookfield Infrastructure Pa | Reduce -11.7% | 0.63% | −0.15 |
| PBA Pembina Pipeline Corp. | Reduce -8.1% | 0.71% | −0.15 |
| MFC Manulife Financial Corp. | Reduce -10.4% | 2.01% | −0.13 |
| RCI Rogers Communications Inc. Class B | Reduce -39.0% | 0.10% | −0.12 |
| SU Suncor Energy Inc. | Reduce -3.8% | 1.57% | −0.10 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.3% | 0.40% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -10.9% | 1.07% | −0.09 |
| MDLZ Mondelez International Inc. Class A | Reduce -20.6% | 0.17% | −0.09 |
| BAM Brookfield Asset Mgmt-A | Reduce -26.6% | 0.52% | −0.09 |
| FTS Fortis Inc. | Reduce -6.5% | 0.50% | −0.08 |
| SOBO South Bow Corp. | Reduce -75.9% | 0.02% | −0.08 |
| IMO Imperial Oil Ltd. | Reduce -58.8% | 0.04% | −0.07 |
| MCD McDonald's Corp. | Reduce -20.5% | 0.23% | −0.07 |
| RSG Republic Services Inc. | Reduce -33.4% | 0.12% | −0.06 |
| IQV Iqvia Holdings Inc. | Reduce -12.8% | 0.15% | −0.05 |
| BKLN Invesco Senior Loan ETF | Reduce -40.3% | 0.08% | −0.05 |
| TAC Transalta Corp. | Reduce -83.7% | 0.02% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -12.8% | 0.48% | −0.05 |
| BEPC Brookfield Renewable Corp. | Reduce -3.1% | 0.22% | −0.04 |
| ABT Abbott Laboratories | Reduce -15.1% | 0.22% | −0.04 |
| MSI Motorola Solutions Inc. | Reduce -21.9% | 0.16% | −0.04 |
| ABBV Abbvie Inc. | Reduce -7.6% | 0.20% | −0.04 |
| LBPH Longboard Pharmaceuticals Inc. | Sold out | 0.00% | −0.04 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -12.9% | 0.13% | −0.04 |
| CEMB iShares JP Morgan Em Corpora | Reduce -50.2% | 0.03% | −0.03 |
| MCHP Microchip Technology Inc. | Reduce -28.7% | 0.03% | −0.03 |
| BBU Brookfield Business PT-Unit | Reduce -27.4% | 0.08% | −0.03 |
| MCK McKesson Corp. | Reduce -27.4% | 0.13% | −0.02 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.02 |
| WCN Waste Connections Inc. | Reduce -0.8% | 0.54% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -0.8% | 0.18% | −0.02 |
| BTE Baytex Energy Corp. | Reduce -69.7% | 0.01% | −0.02 |
| PM Philip Morris International | Reduce -14.6% | 0.12% | −0.02 |
| PEG Public Service Enterprise GP | Reduce -40.6% | 0.02% | −0.02 |
| MRNA Moderna Inc. | Reduce -53.5% | 0.01% | −0.02 |
| OTEX Open Text Corp. | Reduce -0.5% | 0.09% | −0.02 |
| PRMW Primo Water Corp. | Sold out | 0.00% | −0.02 |
| ILMN Illumina Inc. | Reduce -68.9% | 0.01% | −0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -11.6% | 0.29% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.0% | 0.44% | −0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -56.7% | 0.01% | −0.01 |
| SMFG Sumitomo Mitsui-Spons ADR | Reduce -67.6% | 0.01% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +9.5% | 2.04% | +0.47 |
| AAPL Apple Inc. | Add +3.9% | 3.30% | +0.37 |
| BN Brookfield Corp. | Add +6.2% | 2.67% | +0.36 |
| NVDA Nvidia Corp. | Add +2.5% | 2.88% | +0.36 |
| TRI Thomson Reuters Corp. | Add +52.2% | 0.61% | +0.19 |
| SLF Sun Life Financial Inc. | Add +10.8% | 1.40% | +0.18 |
| GOOGL Alphabet Inc. Class A | Add +3.5% | 1.05% | +0.17 |
| GIL Gildan Activewear Inc. | Add +545.1% | 0.19% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +1.9% | 1.06% | +0.16 |
| AGI Alamos Gold Inc. Class A | Add +59.0% | 0.47% | +0.15 |
| PLTR Palantir Technologies Inc. Class A | Add +130.3% | 0.17% | +0.13 |
| FSV Firstservice Corp. | Add +57.4% | 0.27% | +0.10 |
| CM Can Imperial BK of Commerce | Add +0.2% | 2.35% | +0.09 |
| MSFT Microsoft Corp. | Add +4.1% | 3.02% | +0.09 |
| V Visa Inc. Class A | Add +0.1% | 0.56% | +0.08 |
| TRP TC Energy Corp. | Add +8.4% | 1.09% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +85.5% | 0.14% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +4.3% | 0.41% | +0.07 |
| WDAY Workday Inc. Class A | Add +180.8% | 0.10% | +0.07 |
| TMUS T-Mobile US Inc. | Add +20.1% | 0.28% | +0.06 |
| APP AppLovin Corp. Class A | Add +692.3% | 0.07% | +0.06 |
| AEM Agnico Eagle Mines Ltd. | Add +5.5% | 1.64% | +0.05 |
| PRAX Praxis Precision Medicines I | Add +47.3% | 0.09% | +0.05 |
| RGA Reinsurance Group of America | Add +2791.1% | 0.05% | +0.05 |
| WMT Walmart Inc. | Add +9.1% | 0.24% | +0.05 |
| KEYS Keysight Technologies Inc. | Add +60.6% | 0.11% | +0.04 |
| MA Mastercard Inc. Class A | Add +7.8% | 0.25% | +0.03 |
| ALLE Allegion PLC | Add +343.4% | 0.05% | +0.03 |
| MSTR Strategy Inc. | Add +796.3% | 0.04% | +0.03 |
| CSCO Cisco Systems Inc. | Add +0.8% | 0.29% | +0.03 |
| AXON Axon Enterprise Inc. | Add +127.0% | 0.05% | +0.03 |
| BKNG Booking Holdings Inc. | Add +2.2% | 0.17% | +0.03 |
| APO Apollo Global Management Inc. | Add +273.7% | 0.04% | +0.03 |
| OR Osisko Gold Royalties Ltd. | Add +21.6% | 0.18% | +0.03 |
| BAC Bank of America Corp. | Add +5.0% | 0.18% | +0.03 |
| MRVL Marvell Technology Inc. | Add +3.5% | 0.07% | +0.03 |
| AMAT Applied Materials Inc. | Add +41.9% | 0.20% | +0.03 |
| AOS Smith (a.o.) Corp. | Add +684.3% | 0.03% | +0.03 |
| FNV Franco-Nevada Corp. | Add +11.4% | 0.44% | +0.03 |
| CFLT Confluent Inc. Class A | New | 0.03% | +0.03 |
| BA The Boeing Co. | Add +33.6% | 0.07% | +0.03 |
| MDB Mongodb Inc. | Add +239.6% | 0.04% | +0.03 |
| SPOT Spotify Technology SA | New | 0.02% | +0.02 |
| TJX TJX Companies Inc. | Add +22.9% | 0.11% | +0.02 |
| KGC Kinross Gold Corp. | Add +13.2% | 0.21% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +6.7% | 0.17% | +0.02 |
| BNS Bank of Nova Scotia | Add +1.8% | 1.81% | +0.02 |
| DIS The Walt Disney Co. | Add +3.7% | 0.12% | +0.02 |
| INTU Intuit Inc. | Add +7.5% | 0.24% | +0.02 |
| EVRG Evergy Inc. | Add +242.7% | 0.03% | +0.02 |
Options Activity Q3 2024 → Q4 2024
| TLT iShares 20+ Year Treasury BD | call | Add +33.3% | 70,000 | $6.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Sold out | 36,919 | $440Kbefore 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 |