CIBC Asset Management Inc
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), CIBC Asset Management Inc reported 1,219 stock positions worth $31.8 billion. Its top holding was Royal Bank of Canada (RY) at 4.6% of the portfolio, followed by Toronto-Dominion Bank (TD, 3.8%) and Microsoft (MSFT, 3.3%). Compared with Q1 2025, it opened 71 new positions, sold out of 32, added to 222 and reduced 546. The biggest buy was Can Imperial BK of Commerce (CM, shares +2%) and the biggest sale Enbridge (ENB, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001021926
- Portfolio Value
- $31.8B (Q2 2025)
- SEC Filing
- 0001172661-25-003395 ↗ filed Aug 14, 2025
Holdings Value
Holdings 1,219 stocks · $31.8B
| RY Royal Bank of Canada | 4.62% | 11,134,006 | $1.5B | Reduce -10.6% |
| TD Toronto-Dominion Bank | 3.81% | 16,432,255 | $1.2B | Reduce -11.5% |
| MSFT Microsoft Corp. | 3.28% | 2,102,739 | $1.0B | Reduce -4.1% |
| NVDA Nvidia Corp. | 3.08% | 6,212,526 | $980.9M | Reduce -5.0% |
| BN Brookfield Corp. | 2.69% | 13,840,255 | $857.3M | Reduce -7.3% |
| ENB Enbridge Inc. | 2.51% | 17,581,755 | $798.0M | Reduce -26.5% |
| AAPL Apple Inc. | 2.45% | 3,795,665 | $778.7M | Reduce -5.6% |
| AEM Agnico Eagle Mines Ltd. | 2.26% | 6,026,827 | $719.3M | Reduce -3.9% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 2.16% | 6,189,614 | $686.7M | Reduce -6.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 2.12% | 9,526,562 | $676.0M | Add +2.3% |
| CNQ Canadian Natural Resources | 2.12% | 21,350,615 | $673.0M | Reduce -6.7% |
| CP Canadian Pacific Kansas City | 1.92% | 7,653,665 | $610.4M | Add +2.3% |
| AMZN Amazon.com Inc. | 1.87% | 2,705,745 | $593.6M | Reduce -5.3% |
| MFC Manulife Financial Corp. | 1.75% | 17,362,156 | $557.0M | Reduce -10.5% |
| CNI Canadian Natl Railway Co. | 1.71% | 5,222,470 | $544.6M | Add +5.6% |
| VOO Vanguard S&P 500 ETF | 1.71% | 958,611 | $544.5M | Add +2.2% |
| SHOP Shopify Inc. Class A | 1.54% | 4,251,226 | $491.3M | Reduce -0.8% |
| TRP TC Energy Corp. | 1.50% | 9,752,065 | $476.6M | Add +1.0% |
| META Meta Platforms Inc. Class A | 1.29% | 554,286 | $409.1M | Reduce -5.4% |
| AVGO Broadcom Inc. | 1.28% | 1,476,824 | $406.4M | Reduce -2.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.18% | 6,792,898 | $376.2M | Reduce -9.1% |
| SLF Sun Life Financial Inc. | 1.16% | 5,529,799 | $368.7M | Reduce -22.3% |
| SU Suncor Energy Inc. | 1.05% | 8,876,168 | $333.8M | Reduce -23.9% |
| CCJ Cameco Corp. | 1.03% | 4,408,320 | $328.6M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 1.02% | 4,831,180 | $324.8M | Add +0.2% |
| AGI Alamos Gold Inc. Class A | 0.93% | 11,132,337 | $296.6M | Add +29.3% |
| WPM Wheaton Precious Metals Corp. | 0.91% | 3,185,420 | $288.3M | Add +24.8% |
| PBA Pembina Pipeline Corp. | 0.89% | 7,547,536 | $283.8M | Add +47.4% |
| GOOGL Alphabet Inc. Class A | 0.89% | 1,605,746 | $283.0M | Reduce -4.2% |
| GOOG Alphabet Inc. Class C | 0.87% | 1,568,443 | $278.0M | Reduce -6.4% |
| TU Telus Corp. | 0.87% | 17,197,971 | $276.5M | Reduce -19.5% |
| TRI Thomson Reuters Corp. | 0.87% | 1,369,718 | $275.7M | Add +16.5% |
| EFA iShares MSCI Eafe ETF | 0.84% | 2,989,202 | $267.2M | Add +11.4% |
| NFLX Netflix Inc. | 0.82% | 195,912 | $261.5M | Reduce -3.9% |
| BIP Brookfield Infrastructure Pa | 0.77% | 7,301,691 | $244.5M | Add +7.8% |
| TECK Teck Resources Ltd.-CLS B | 0.76% | 5,925,288 | $240.9M | Reduce -5.1% |
| WCN Waste Connections Inc. | 0.75% | 1,279,122 | $239.8M | Add +3.4% |
| TSLA Tesla Inc. | 0.70% | 702,021 | $223.0M | Reduce -4.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.64% | 4,015,118 | $202.6M | Add +30.1% |
| V Visa Inc. Class A | 0.57% | 516,743 | $182.6M | Reduce -5.8% |
| GRTUF Granite Real Estate Investme | 0.49% | 3,077,800 | $157.4M | Reduce -15.9% |
| LLY Eli Lilly & Co. | 0.49% | 199,125 | $155.2M | Reduce -4.0% |
| COST Costco Wholesale Corp. | 0.48% | 154,246 | $152.7M | Reduce -4.6% |
| QSR Restaurant Brands Intern | 0.48% | 2,287,372 | $152.3M | Reduce -27.4% |
| FNV Franco-Nevada Corp. | 0.48% | 924,752 | $152.1M | Reduce -17.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.47% | 243,696 | $150.6M | Add +10.3% |
| JPM JPMorgan Chase & Co. | 0.45% | 495,492 | $142.8M | Reduce -4.3% |
| FTS Fortis Inc. | 0.44% | 2,922,891 | $139.8M | Reduce -22.6% |
| BAM Brookfield Asset Mgmt-A | 0.42% | 2,393,790 | $133.5M | Add +1.5% |
| BCE Bce Inc. | 0.42% | 6,006,053 | $133.2M | Add +24.8% |
| LIN Linde PLC | 0.40% | 272,101 | $127.1M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 257,129 | $124.9M | Reduce -7.8% |
| BEP Brookfield Renewable Partner | 0.38% | 4,781,425 | $121.9M | Reduce -33.3% |
| RBA RB Global Inc. | 0.38% | 1,124,664 | $120.5M | Add +37.4% |
| UNH Unitedhealth Group Inc. | 0.36% | 368,035 | $114.8M | Add +10.7% |
| JNJ Johnson & Johnson | 0.36% | 751,345 | $114.8M | Reduce -2.6% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 824,331 | $112.4M | Reduce -2.5% |
| CSCO Cisco Systems Inc. | 0.34% | 1,542,343 | $107.0M | Reduce -1.1% |
| AMGN Amgen Inc. | 0.32% | 360,140 | $100.6M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 238,029 | $96.0M | Add +4.7% |
| XOM Exxon Mobil Corp. | 0.30% | 878,766 | $94.7M | Reduce -5.7% |
| B Barrick Mining Corp. | 0.29% | 4,395,672 | $91.8M | Reduce -39.3% |
| KGC Kinross Gold Corp. | 0.28% | 5,783,963 | $90.4M | Reduce -13.0% |
| EMA Emera Inc. | 0.28% | 1,968,652 | $90.2M | New |
| INTU Intuit Inc. | 0.27% | 109,177 | $86.0M | Reduce -3.0% |
| ISRG Intuitive Surgical Inc. | 0.27% | 157,505 | $85.6M | Reduce -5.0% |
| DSGX The Descartes Systems Grp | 0.27% | 835,599 | $85.1M | Add +275.4% |
| MDT Medtronic PLC | 0.27% | 968,192 | $84.4M | Reduce -0.9% |
| CVX Chevron Corp. | 0.26% | 571,982 | $81.9M | Reduce -5.9% |
| WMT Walmart Inc. | 0.25% | 814,843 | $79.7M | Reduce -6.6% |
| MA Mastercard Inc. Class A | 0.25% | 141,712 | $79.6M | Reduce -4.6% |
| TXN Texas Instruments Inc. | 0.25% | 382,772 | $79.5M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 0.25% | 493,777 | $78.6M | Reduce -1.1% |
| ABT Abbott Laboratories | 0.25% | 574,832 | $78.2M | Reduce -4.1% |
| PEP Pepsico Inc. | 0.24% | 586,974 | $77.5M | Reduce -0.5% |
| MCD McDonald's Corp. | 0.23% | 254,565 | $74.3M | Reduce -1.0% |
| AMD Advanced Micro Devices | 0.23% | 505,228 | $71.7M | Reduce -4.5% |
| FSV Firstservice Corp. | 0.22% | 405,934 | $71.1M | Reduce -9.8% |
| KO The Coca-Cola Co. | 0.22% | 1,003,605 | $71.0M | Add +0.0% |
| TMUS T-Mobile US Inc. | 0.22% | 289,207 | $68.9M | Reduce -26.6% |
| UNP Union Pacific Corp. | 0.22% | 299,714 | $68.9M | Reduce -0.8% |
| MDLZ Mondelez International Inc. Class A | 0.21% | 977,244 | $65.8M | Add +1.4% |
| PM Philip Morris International | 0.21% | 359,835 | $65.5M | Reduce -4.5% |
| QCOM Qualcomm Inc. | 0.21% | 410,381 | $65.4M | Add +2.5% |
| GIL Gildan Activewear Inc. | 0.21% | 1,316,346 | $65.3M | Add +8.1% |
| AMAT Applied Materials Inc. | 0.20% | 351,371 | $64.3M | Reduce -21.0% |
| AON Aon PLC Class A | 0.20% | 179,589 | $64.0M | Add +2.0% |
| HD Home Depot Inc. | 0.20% | 173,321 | $63.5M | Reduce -7.1% |
| BKLN Invesco Senior Loan ETF | 0.20% | 2,973,509 | $62.2M | Add +91.6% |
| HON Honeywell International Inc. | 0.19% | 254,760 | $59.3M | Reduce -3.5% |
| ABBV Abbvie Inc. | 0.19% | 318,441 | $59.1M | Reduce -5.0% |
| BKNG Booking Holdings Inc. | 0.18% | 10,160 | $58.8M | Reduce -4.6% |
| MBB iShares MBS ETF | 0.18% | 625,969 | $58.8M | Add +8.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.18% | 474,973 | $58.1M | Add +37.9% |
| ORCL Oracle Corp. | 0.18% | 263,401 | $57.6M | Reduce -6.8% |
| ADBE Adobe Inc. | 0.18% | 147,319 | $57.0M | Reduce -4.9% |
| PANW Palo Alto Networks Inc. | 0.18% | 277,169 | $56.7M | Reduce -1.8% |
| NTR Nutrien Ltd. | 0.18% | 964,039 | $56.2M | Reduce -68.8% |
| ADP Automatic Data Processing | 0.17% | 178,841 | $55.2M | Add +1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 1,126,397 | $53.3M | Reduce -11.9% |
Options reported separately and not counted above: SPY puts ($516.6M).
Portfolio Sells Q1 2025 → Q2 2025
| ENB Enbridge Inc. | Reduce -26.5% | 2.51% | −1.02 |
| AAPL Apple Inc. | Reduce -5.6% | 2.45% | −0.52 |
| SU Suncor Energy Inc. | Reduce -23.9% | 1.05% | −0.46 |
| NTR Nutrien Ltd. | Reduce -68.8% | 0.18% | −0.33 |
| MFC Manulife Financial Corp. | Reduce -10.5% | 1.75% | −0.27 |
| CNQ Canadian Natural Resources | Reduce -6.7% | 2.12% | −0.23 |
| QSR Restaurant Brands Intern | Reduce -27.4% | 0.48% | −0.22 |
| SLF Sun Life Financial Inc. | Reduce -22.3% | 1.16% | −0.20 |
| CVE Cenovus Energy Inc. | Reduce -67.6% | 0.08% | −0.19 |
| B Barrick Mining Corp. | Reduce -39.3% | 0.29% | −0.18 |
| MGA Magna International Inc. | Reduce -64.6% | 0.11% | −0.17 |
| TU Telus Corp. | Reduce -19.5% | 0.87% | −0.15 |
| BEP Brookfield Renewable Partner | Reduce -33.3% | 0.38% | −0.14 |
| BEPC Brookfield Renewable Corp. | Reduce -87.9% | 0.02% | −0.13 |
| FTS Fortis Inc. | Reduce -22.6% | 0.44% | −0.13 |
| TMUS T-Mobile US Inc. | Reduce -26.6% | 0.22% | −0.13 |
| FNV Franco-Nevada Corp. | Reduce -17.1% | 0.48% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.8% | 0.39% | −0.10 |
| TFII Tfi International Inc. | Reduce -79.0% | 0.02% | −0.08 |
| LLY Eli Lilly & Co. | Reduce -4.0% | 0.49% | −0.08 |
| CVX Chevron Corp. | Reduce -5.9% | 0.26% | −0.08 |
| GRTUF Granite Real Estate Investme | Reduce -15.9% | 0.49% | −0.08 |
| BBU Brookfield Business PT-Unit | Reduce -95.7% | 0.00% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -5.7% | 0.30% | −0.07 |
| BBUC Brookfield Business Class A | Reduce -87.5% | 0.01% | −0.07 |
| JNJ Johnson & Johnson | Reduce -2.6% | 0.36% | −0.06 |
| V Visa Inc. Class A | Reduce -5.8% | 0.57% | −0.06 |
| AMGN Amgen Inc. | Reduce -0.3% | 0.32% | −0.06 |
| OTEX Open Text Corp. | Reduce -71.8% | 0.03% | −0.06 |
| PEP Pepsico Inc. | Reduce -0.5% | 0.24% | −0.05 |
| CRM Salesforce Inc. | Reduce -23.4% | 0.14% | −0.05 |
| RY Royal Bank of Canada | Reduce -10.6% | 4.62% | −0.05 |
| ABBV Abbvie Inc. | Reduce -5.0% | 0.19% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -14.3% | 0.12% | −0.05 |
| INTC Intel Corp. | Reduce -27.3% | 0.09% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 0.25% | −0.04 |
| WDAY Workday Inc. Class A | Reduce -32.0% | 0.07% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -22.8% | 0.04% | −0.03 |
| MCD McDonald's Corp. | Reduce -1.0% | 0.23% | −0.03 |
| COP Conocophillips | Reduce -17.3% | 0.07% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -38.1% | 0.03% | −0.03 |
| GIB Cgi Inc. | Reduce -26.4% | 0.08% | −0.03 |
| LIN Linde PLC | Reduce -2.1% | 0.40% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -4.6% | 0.48% | −0.03 |
| HD Home Depot Inc. | Reduce -7.1% | 0.20% | −0.03 |
| NOA North American Construction | Reduce -37.8% | 0.04% | −0.03 |
| SNPS Synopsys Inc. | Reduce -34.4% | 0.08% | −0.03 |
| FISV Fiserv Inc. | Reduce -5.9% | 0.06% | −0.03 |
| DHR Danaher Corp. | Reduce -5.6% | 0.16% | −0.03 |
| MDT Medtronic PLC | Reduce -0.9% | 0.27% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| CM Can Imperial BK of Commerce | Add +2.3% | 2.12% | +0.38 |
| EMA Emera Inc. | New | 0.28% | +0.28 |
| WPM Wheaton Precious Metals Corp. | Add +24.8% | 0.91% | +0.24 |
| PBA Pembina Pipeline Corp. | Add +47.4% | 0.89% | +0.21 |
| DSGX The Descartes Systems Grp | Add +275.4% | 0.27% | +0.19 |
| TRI Thomson Reuters Corp. | Add +16.5% | 0.87% | +0.19 |
| CP Canadian Pacific Kansas City | Add +2.3% | 1.92% | +0.17 |
| AGI Alamos Gold Inc. Class A | Add +29.3% | 0.93% | +0.17 |
| GFL GFL Environmental Inc.-Sub VT | Add +30.1% | 0.64% | +0.14 |
| PAAS Pan American Silver Corp. | Add +209.9% | 0.17% | +0.11 |
| EFA iShares MSCI Eafe ETF | Add +11.4% | 0.84% | +0.11 |
| VOO Vanguard S&P 500 ETF | Add +2.2% | 1.71% | +0.11 |
| CNI Canadian Natl Railway Co. | Add +5.6% | 1.71% | +0.11 |
| RBA RB Global Inc. | Add +37.4% | 0.38% | +0.10 |
| BIP Brookfield Infrastructure Pa | Add +7.8% | 0.77% | +0.10 |
| BKLN Invesco Senior Loan ETF | Add +91.6% | 0.20% | +0.09 |
| QQQ Invesco QQQ Trust Series 1 | Add +94.4% | 0.15% | +0.08 |
| PSA Public Storage | Add +187.8% | 0.10% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.3% | 0.47% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +116.6% | 0.09% | +0.06 |
| CLS Celestica Inc. | Add +29.3% | 0.09% | +0.06 |
| BCE Bce Inc. | Add +24.8% | 0.42% | +0.05 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.2% | 1.02% | +0.05 |
| TJX TJX Companies Inc. | Add +37.9% | 0.18% | +0.04 |
| VMC Vulcan Materials Co. | Add +123.5% | 0.07% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +48.6% | 0.10% | +0.04 |
| DDOG Datadog Inc. Class A | Add +118.2% | 0.06% | +0.04 |
| BAM Brookfield Asset Mgmt-A | Add +1.5% | 0.42% | +0.04 |
| ON On Semiconductor | Add +131.0% | 0.05% | +0.03 |
| MAA Mid-America Apartment Comm | Add +385.3% | 0.04% | +0.03 |
| VICI Vici Properties Inc. | Add +63.1% | 0.08% | +0.03 |
| LHX L3HARRIS Technologies Inc. | Add +116.2% | 0.05% | +0.03 |
| APP AppLovin Corp. Class A | Add +5.5% | 0.11% | +0.03 |
| NOW ServiceNow Inc. | Add +0.9% | 0.14% | +0.03 |
| COIN Coinbase Global Inc. Class A | Add +236.6% | 0.03% | +0.03 |
| GIL Gildan Activewear Inc. | Add +8.1% | 0.21% | +0.03 |
| COF Capital One Financial Corp. | Add +53.9% | 0.06% | +0.02 |
| MELI MercadoLibre Inc. | Add +2.4% | 0.10% | +0.02 |
| VRSN Verisign Inc. | Add +157.1% | 0.03% | +0.02 |
| MSTR Strategy Inc. | Add +4.4% | 0.07% | +0.02 |
| ECL Ecolab Inc. | Add +49.4% | 0.05% | +0.02 |
| ELS Equity Lifestyle Properties | Add +969.4% | 0.02% | +0.01 |
| KMI Kinder Morgan Inc. | Add +21.2% | 0.09% | +0.01 |
| TTD Trade Desk Inc./the Class A | Add +5.9% | 0.06% | +0.01 |
| IDXX Idexx Laboratories Inc. | Add +11.1% | 0.05% | +0.01 |
| VRSK Verisk Analytics Inc. | Add +21.8% | 0.07% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +76.8% | 0.02% | +0.01 |
| BTI British American Tob-SP ADR | New | 0.01% | +0.01 |
| BIPC Brookfield Infrastructure-A | Add +11.6% | 0.06% | +0.01 |
| GSK GSK PLC-Spon ADR | New | 0.01% | +0.01 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 836,100 | $516.6M |
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 |