CIBC Asset Management Inc

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), CIBC Asset Management Inc reported 1,179 stock positions worth $30.1 billion. Its top holding was Royal Bank of Canada (RY) at 4.7% of the portfolio, followed by Toronto-Dominion Bank (TD, 3.7%) and Enbridge (ENB, 3.5%). Compared with Q4 2024, it opened 36 new positions, sold out of 77, added to 577 and reduced 549. The biggest buy was Toronto-Dominion Bank (TD, shares +12%) and the biggest sale Bank of Nova Scotia (BNS, shares −27%).

Most Recent 13F
Q2 2026
Location
TORONTO, Z4
CIK
0001021926
Portfolio Value
$30.1B (Q1 2025)
SEC Filing
0001172661-25-001767 ↗ filed May 13, 2025

Holdings Value

0$10.0B$20.0B$30.0B$40.0B$50.0B Q1 2024: $28.8B Q1 2024 Q2 2024: $28.1B Q2 2024 Q3 2024: $30.8B Q3 2024 Q4 2024: $30.5B Q4 2024 Q1 2025: $30.1B $30.1B Q1 2025 Q2 2025: $31.8B Q2 2025 Q3 2025: $34.5B Q3 2025 Q4 2025: $41.4B Q4 2025 Q1 2026: $40.9B Q1 2026 Q2 2026: $45.6B Q2 2026

Holdings 1,179 stocks · $30.1B

RY Royal Bank of Canada 4.67% 12,455,616 $1.4B Reduce -6.5%
TD Toronto-Dominion Bank 3.71% 18,562,343 $1.1B Add +12.0%
ENB Enbridge Inc. 3.53% 23,910,587 $1.1B Reduce -0.9%
AAPL Apple Inc. 2.97% 4,022,204 $893.3M Reduce -0.1%
MSFT Microsoft Corp. 2.73% 2,191,700 $822.5M Add +0.3%
BN Brookfield Corp. 2.60% 14,932,461 $783.1M Add +5.3%
NVDA Nvidia Corp. 2.35% 6,538,986 $708.6M Add +0.1%
CNQ Canadian Natural Resources 2.35% 22,873,597 $706.9M Reduce -5.1%
AEM Agnico Eagle Mines Ltd. 2.26% 6,272,527 $681.4M Reduce -1.7%
BMO Bank of Montreal filed as BANK MONTREAL QUE 2.11% 6,631,947 $636.7M Add +4.1%
MFC Manulife Financial Corp. 2.02% 19,398,958 $607.4M Reduce -2.4%
AMZN Amazon.com Inc. 1.80% 2,857,428 $543.5M Add +0.7%
CP Canadian Pacific Kansas City 1.75% 7,484,034 $527.7M Reduce -4.3%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 1.74% 9,312,382 $524.1M Reduce -18.1%
CNI Canadian Natl Railway Co. 1.60% 4,947,425 $482.6M Reduce -3.4%
VOO Vanguard S&P 500 ETF 1.60% 938,020 $482.1M Add +29.9%
TRP TC Energy Corp. 1.52% 9,653,655 $457.1M Add +35.5%
SU Suncor Energy Inc. 1.51% 11,658,439 $453.6M Reduce -13.1%
SLF Sun Life Financial Inc. 1.36% 7,116,294 $408.6M Reduce -1.1%
SHOP Shopify Inc. Class A 1.35% 4,283,981 $408.1M Reduce -8.5%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.18% 7,474,945 $355.1M Reduce -27.1%
META Meta Platforms Inc. Class A 1.12% 586,159 $337.8M Add +4.8%
TU Telus Corp. 1.02% 21,364,628 $307.0M Add +14.1%
VEU Vanguard Ftse All-World Ex-U 0.97% 4,822,140 $292.5M Reduce -22.3%
GOOG Alphabet Inc. Class C 0.87% 1,675,448 $261.6M Reduce -1.6%
GOOGL Alphabet Inc. Class A 0.86% 1,676,877 $259.3M Reduce -0.7%
AVGO Broadcom Inc. 0.84% 1,508,489 $252.6M Add +1.3%
WCN Waste Connections Inc. 0.80% 1,237,454 $242.1M Add +30.0%
AGI Alamos Gold Inc. Class A 0.77% 8,610,990 $230.8M Add +11.4%
TECK Teck Resources Ltd.-CLS B 0.76% 6,244,546 $228.9M Reduce -5.7%
EFA iShares MSCI Eafe ETF 0.73% 2,684,327 $219.4M Reduce -12.9%
QSR Restaurant Brands Intern 0.70% 3,149,068 $211.6M Add +6.0%
PBA Pembina Pipeline Corp. 0.68% 5,119,597 $205.0M Reduce -13.0%
TRI Thomson Reuters Corp. 0.67% 1,176,080 $203.2M Add +2.0%
BIP Brookfield Infrastructure Pa 0.67% 6,773,364 $201.6M Add +10.9%
WPM Wheaton Precious Metals Corp. 0.66% 2,552,956 $200.0M Add +0.5%
V Visa Inc. Class A 0.64% 548,631 $192.1M Add +1.6%
TSLA Tesla Inc. 0.63% 735,543 $190.6M Add +2.6%
NFLX Netflix Inc. 0.63% 203,856 $190.0M Reduce -1.9%
CCJ Cameco Corp. 0.61% 4,421,367 $183.1M Add +17.1%
FNV Franco-Nevada Corp. 0.58% 1,115,588 $176.0M Reduce -1.8%
UNH Unitedhealth Group Inc. 0.58% 332,522 $174.1M Reduce -12.4%
FTS Fortis Inc. 0.57% 3,778,863 $172.5M Add +3.0%
GRTUF Granite Real Estate Investme 0.57% 3,659,033 $172.0M Add +4.3%
LLY Eli Lilly & Co. 0.57% 207,327 $171.2M Reduce -3.3%
BEP Brookfield Renewable Partner 0.53% 7,165,157 $158.8M Reduce -15.4%
NTR Nutrien Ltd. 0.51% 3,089,101 $153.5M Add +11.7%
COST Costco Wholesale Corp. 0.51% 161,747 $152.9M Add +0.2%
GFL GFL Environmental Inc.-Sub VT 0.50% 3,087,320 $149.2M Add +57.9%
BRK.B Berkshire Hathaway Inc. Class B 0.49% 278,922 $148.5M Add +1.3%
B Barrick Gold Corp. 0.47% 7,236,451 $140.9M Add +8.8%
LIN Linde PLC 0.43% 277,935 $129.3M Add +2.5%
JNJ Johnson & Johnson 0.42% 771,825 $128.0M Add +6.2%
JPM JPMorgan Chase & Co. 0.42% 517,857 $127.0M Reduce -0.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 220,865 $123.5M Reduce -4.1%
BAM Brookfield Asset Mgmt-A 0.38% 2,359,043 $115.3M Reduce -18.7%
TMO Thermo Fisher Scientific Inc. 0.38% 227,420 $113.1M Reduce -2.2%
AMGN Amgen Inc. 0.37% 361,316 $112.6M Reduce -2.2%
XOM Exxon Mobil Corp. 0.37% 931,982 $110.8M Add +0.5%
BCE Bce Inc. 0.37% 4,813,549 $110.7M Add +4.8%
TMUS T-Mobile US Inc. 0.35% 394,133 $105.1M Add +1.1%
CVX Chevron Corp. 0.34% 607,919 $101.7M Reduce -2.4%
CSCO Cisco Systems Inc. 0.32% 1,559,136 $96.2M Add +5.1%
PEP Pepsico Inc. 0.29% 590,168 $88.5M Add +8.1%
MDT Medtronic PLC 0.29% 976,570 $87.8M Add +5.3%
PG The Procter & Gamble Co. 0.28% 499,543 $85.1M Add +9.6%
MGA Magna International Inc. 0.28% 2,464,537 $84.0M Reduce -15.4%
KGC Kinross Gold Corp. 0.28% 6,646,580 $83.8M Reduce -2.9%
RBA RB Global Inc. 0.28% 818,790 $83.5M Reduce -15.8%
CVE Cenovus Energy Inc. 0.27% 5,948,369 $82.8M Reduce -14.4%
ISRG Intuitive Surgical Inc. 0.27% 165,751 $82.1M Reduce -1.2%
MA Mastercard Inc. Class A 0.27% 148,528 $81.4M Add +2.3%
MCD McDonald's Corp. 0.27% 257,026 $80.2M Add +7.9%
ABT Abbott Laboratories 0.26% 599,230 $79.4M Add +1.3%
WMT Walmart Inc. 0.25% 872,410 $76.6M Add +6.6%
FSV Firstservice Corp. 0.25% 450,038 $74.9M Reduce -1.7%
KO The Coca-Cola Co. 0.24% 1,003,257 $71.8M Add +14.3%
PLTR Palantir Technologies Inc. Class A 0.24% 845,223 $71.3M Add +23.9%
UNP Union Pacific Corp. 0.24% 302,048 $71.3M Add +6.6%
ABBV Abbvie Inc. 0.23% 335,318 $70.2M Add +0.1%
AON Aon PLC Class A 0.23% 176,073 $70.2M Reduce -6.4%
TXN Texas Instruments Inc. 0.23% 387,767 $69.7M Add +23.5%
INTU Intuit Inc. 0.23% 112,502 $69.1M Reduce -1.7%
HD Home Depot Inc. 0.23% 186,572 $68.4M Reduce -2.6%
MDLZ Mondelez International Inc. Class A 0.22% 963,961 $65.3M Add +9.0%
AMAT Applied Materials Inc. 0.21% 444,803 $64.5M Add +19.0%
QCOM Qualcomm Inc. 0.20% 400,455 $61.5M Add +1.6%
PM Philip Morris International 0.20% 376,673 $59.8M Add +27.1%
ADBE Adobe Inc. 0.20% 154,933 $59.4M Reduce -0.9%
CRM Salesforce Inc. 0.19% 214,537 $57.6M Reduce -4.9%
DHR Danaher Corp. 0.19% 279,092 $57.1M Add +9.7%
HON Honeywell International Inc. 0.19% 264,029 $55.9M Add +2.1%
AMD Advanced Micro Devices 0.18% 528,920 $54.3M Reduce -17.1%
GIL Gildan Activewear Inc. 0.18% 1,218,253 $54.2M Add +0.7%
SHW The Sherwin-Williams Co. 0.18% 155,564 $54.2M Reduce -2.4%
MBB iShares MBS ETF 0.18% 576,291 $54.0M Add +1.8%
ADP Automatic Data Processing 0.18% 176,550 $53.9M Add +13.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.18% 1,278,720 $53.4M Add +0.9%
EFX Equifax Inc. 0.17% 212,242 $51.6M Reduce -2.0%
VZ Verizon Communications Inc. 0.17% 1,117,286 $50.7M Add +20.0%

Show all 1,179 holdings

Portfolio Sells Q4 2024 → Q1 2025

BNS Bank of Nova Scotia Reduce -27.1% 1.18% −0.63
CM Can Imperial BK of Commerce Reduce -18.1% 1.74% −0.61
RY Royal Bank of Canada Reduce -6.5% 4.67% −0.60
AAPL Apple Inc. Reduce -0.1% 2.97% −0.34
SHOP Shopify Inc. Class A Reduce -8.5% 1.35% −0.28
VEU Vanguard Ftse All-World Ex-U Reduce -22.3% 0.97% −0.20
GOOG Alphabet Inc. Class C Reduce -1.6% 0.87% −0.19
GOOGL Alphabet Inc. Class A Reduce -0.7% 0.86% −0.19
OR Osisko Gold Royalties Ltd. Reduce -90.2% 0.02% −0.16
BAM Brookfield Asset Mgmt-A Reduce -18.7% 0.38% −0.14
TECK Teck Resources Ltd.-CLS B Reduce -5.7% 0.76% −0.13
MGA Magna International Inc. Reduce -15.4% 0.28% −0.12
CP Canadian Pacific Kansas City Reduce -4.3% 1.75% −0.11
BEP Brookfield Renewable Partner Reduce -15.4% 0.53% −0.10
CNI Canadian Natl Railway Co. Reduce -3.4% 1.60% −0.10
CNQ Canadian Natural Resources Reduce -5.1% 2.35% −0.10
VRN Veren Inc. Reduce -88.0% 0.02% −0.09
MSCI MSCI Inc. Reduce -76.3% 0.03% −0.09
AMD Advanced Micro Devices Reduce -17.1% 0.18% −0.07
CVE Cenovus Energy Inc. Reduce -14.4% 0.27% −0.07
QQQ Invesco QQQ Trust Series 1 Reduce -46.2% 0.07% −0.07
SU Suncor Energy Inc. Reduce -13.1% 1.51% −0.07
BEPC Brookfield Renewable Corp. Reduce -30.2% 0.16% −0.06
CRM Salesforce Inc. Reduce -4.9% 0.19% −0.06
RCI Rogers Communications Inc. Class B Reduce -45.2% 0.05% −0.05
UNH Unitedhealth Group Inc. Reduce -12.4% 0.58% −0.05
BBUC Brookfield Business Class A Reduce -44.8% 0.08% −0.05
SLF Sun Life Financial Inc. Reduce -1.1% 1.36% −0.05
GIB Cgi Inc. Reduce -20.7% 0.12% −0.04
NOW ServiceNow Inc. Reduce -2.4% 0.12% −0.04
BRK.A Berkshire Hathaway Inc. Class A Sold out 0.00% −0.04
EFA iShares MSCI Eafe ETF Reduce -12.9% 0.73% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.1% 0.41% −0.03
PBA Pembina Pipeline Corp. Reduce -13.0% 0.68% −0.03
ADBE Adobe Inc. Reduce -0.9% 0.20% −0.03
MDB Mongodb Inc. Reduce -68.0% 0.01% −0.03
U Unity Software Inc. Reduce -96.8% 0.00% −0.03
RYAAY Ryanair Holdings PLC-SP ADR Reduce -88.8% 0.00% −0.03
USB US Bancorp Reduce -24.8% 0.05% −0.02
FSV Firstservice Corp. Reduce -1.7% 0.25% −0.02
ATS Ats Corp. Reduce -68.0% 0.01% −0.02
CIGI Colliers Intl GR-Subord Vot Reduce -7.2% 0.11% −0.02
PYPL PayPal Holdings Inc. Reduce -1.2% 0.07% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -2.2% 0.38% −0.02
ANET Arista Networks Inc. Reduce -0.9% 0.04% −0.02
ACN Accenture PLC Class A Reduce -3.2% 0.12% −0.02
HD Home Depot Inc. Reduce -2.6% 0.23% −0.02
SNPS Synopsys Inc. Reduce -3.0% 0.10% −0.02
ISRG Intuitive Surgical Inc. Reduce -1.2% 0.27% −0.01
RBA RB Global Inc. Reduce -15.8% 0.28% −0.01

Portfolio Buys Q4 2024 → Q1 2025

TD Toronto-Dominion Bank Add +12.0% 3.71% +0.81
TRP TC Energy Corp. Add +35.5% 1.52% +0.43
VOO Vanguard S&P 500 ETF Add +29.9% 1.60% +0.32
AGI Alamos Gold Inc. Class A Add +11.4% 0.77% +0.30
WCN Waste Connections Inc. Add +30.0% 0.80% +0.27
GFL GFL Environmental Inc.-Sub VT Add +57.9% 0.50% +0.21
WPM Wheaton Precious Metals Corp. Add +0.5% 0.66% +0.19
TU Telus Corp. Add +14.1% 1.02% +0.19
B Barrick Gold Corp. Add +8.8% 0.47% +0.13
NTR Nutrien Ltd. Add +11.7% 0.51% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +1.3% 0.49% +0.08
PM Philip Morris International Add +27.1% 0.20% +0.08
JNJ Johnson & Johnson Add +6.2% 0.42% +0.08
V Visa Inc. Class A Add +1.6% 0.64% +0.08
BMO Bank of Montreal Add +4.1% 2.11% +0.08
FTS Fortis Inc. Add +3.0% 0.57% +0.07
TRI Thomson Reuters Corp. Add +2.0% 0.67% +0.07
PLTR Palantir Technologies Inc. Class A Add +23.9% 0.24% +0.07
TMUS T-Mobile US Inc. Add +1.1% 0.35% +0.07
QSR Restaurant Brands Intern Add +6.0% 0.70% +0.06
KO The Coca-Cola Co. Add +14.3% 0.24% +0.06
LIN Linde PLC Add +2.5% 0.43% +0.06
MO Altria Group Inc. Add +74.6% 0.10% +0.05
MDT Medtronic PLC Add +5.3% 0.29% +0.05
META Meta Platforms Inc. Class A Add +4.8% 1.12% +0.05
INTC Intel Corp. Add +31.1% 0.14% +0.05
VZ Verizon Communications Inc. Add +20.0% 0.17% +0.05
ABT Abbott Laboratories Add +1.3% 0.26% +0.04
KMI Kinder Morgan Inc. Add +127.6% 0.08% +0.04
MDLZ Mondelez International Inc. Class A Add +9.0% 0.22% +0.04
CME Cme Group Inc. Add +29.2% 0.13% +0.04
AEP American Electric Power Add +37.5% 0.10% +0.04
XOM Exxon Mobil Corp. Add +0.5% 0.37% +0.04
MCD McDonald's Corp. Add +7.9% 0.27% +0.04
RSG Republic Services Inc. Add +9.6% 0.16% +0.04
DUK Duke Energy Corp. Add +31.9% 0.12% +0.04
TXN Texas Instruments Inc. Add +23.5% 0.23% +0.04
ABBV Abbvie Inc. Add +0.1% 0.23% +0.04
ED Consolidated Edison Inc. Add +63.8% 0.07% +0.04
SO The Southern Co. Add +34.1% 0.11% +0.04
BIP Brookfield Infrastructure Pa Add +10.9% 0.67% +0.03
VICI Vici Properties Inc. Add +115.5% 0.06% +0.03
PG The Procter & Gamble Co. Add +9.6% 0.28% +0.03
BR Broadridge Financial Solutio Add +210.4% 0.04% +0.03
CSCO Cisco Systems Inc. Add +5.1% 0.32% +0.03
MRSH Marsh & McLennan Cos Add +24.8% 0.10% +0.03
DSGX The Descartes Systems Grp Add +91.5% 0.07% +0.03
KMB Kimberly-Clark Corp. Add +52.0% 0.08% +0.03
CMS CMS Energy Corp. Add +80.2% 0.06% +0.03
ATO Atmos Energy Corp. Add +80.8% 0.06% +0.03

Options Activity Q4 2024 → Q1 2025

TLT iShares 20+ Year Treasury BD call Sold out 70,000 $6.1Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,428$45.6BRY, NVDA, TD, AAPL, BMO
Q1 2026 1,371$40.9BRY, NVDA, AAPL, TD, MSFT
Q4 2025 1,366$41.4BRY, NVDA, AAPL, TD, MSFT
Q3 2025 1,239$34.5BRY, TD, NVDA, MSFT, AAPL
Q2 2025 1,219$31.8BRY, TD, MSFT, NVDA, BN
Q1 2025 1,179$30.1BRY, TD, ENB, AAPL, MSFT
Q4 2024 1,218$30.5BRY, ENB, AAPL, MSFT, TD
Q3 2024 1,210$30.8BRY, TD, ENB, MSFT, AAPL
Q2 2024 1,144$28.1BRY, MSFT, TD, ENB, CNQ
Q1 2024 1,124$28.8BRY, TD, CNQ, BMO, CP