CIBC Asset Management Inc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), CIBC Asset Management Inc reported 1,239 stock positions worth $34.5 billion. Its top holding was Royal Bank of Canada (RY) at 4.6% of the portfolio, followed by Toronto-Dominion Bank (TD, 3.6%) and Nvidia (NVDA, 3.5%). Compared with Q2 2025, it opened 65 new positions, sold out of 45, added to 461 and reduced 352. The biggest buy was Barrick Mining (B, shares +316%) and the biggest sale Sun Life Financial (SLF, shares −38%).

Most Recent 13F
Q2 2026
Location
TORONTO, Z4
CIK
0001021926
Portfolio Value
$34.5B (Q3 2025)
SEC Filing
0001172661-25-004523 ↗ filed Oct 31, 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 Q1 2025 Q2 2025: $31.8B Q2 2025 Q3 2025: $34.5B $34.5B Q3 2025 Q4 2025: $41.4B Q4 2025 Q1 2026: $40.9B Q1 2026 Q2 2026: $45.6B Q2 2026

Holdings 1,239 stocks · $34.5B

RY Royal Bank of Canada 4.57% 10,698,622 $1.6B Reduce -3.9%
TD Toronto-Dominion Bank 3.62% 15,587,074 $1.2B Reduce -5.1%
NVDA Nvidia Corp. 3.45% 6,392,530 $1.2B Add +2.9%
MSFT Microsoft Corp. 3.15% 2,099,912 $1.1B Reduce -0.1%
AAPL Apple Inc. 2.85% 3,865,603 $984.1M Add +1.8%
BMO Bank of Montreal filed as BANK MONTREAL QUE 2.75% 7,260,160 $949.4M Add +17.3%
BN Brookfield Corp. 2.63% 13,235,536 $908.4M Reduce -4.4%
AEM Agnico Eagle Mines Ltd. 2.45% 5,011,122 $845.1M Reduce -16.9%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 2.29% 9,910,976 $791.0M Add +4.0%
ENB Enbridge Inc. 2.20% 15,084,676 $761.4M Reduce -14.2%
CNQ Canadian Natural Resources 1.88% 20,251,436 $649.2M Reduce -5.2%
SHOP Shopify Inc. Class A 1.88% 4,360,113 $648.9M Add +2.6%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.84% 9,800,305 $635.7M Add +44.3%
CP Canadian Pacific Kansas City 1.81% 8,352,370 $623.9M Add +9.1%
AMZN Amazon.com Inc. 1.75% 2,751,154 $603.9M Add +1.7%
B Barrick Mining Corp. 1.74% 18,287,558 $601.1M Add +316.0%
VOO Vanguard S&P 500 ETF 1.65% 932,696 $571.2M Reduce -2.7%
AVGO Broadcom Inc. 1.52% 1,591,055 $524.8M Add +7.7%
TRP TC Energy Corp. 1.43% 9,053,755 $492.6M Reduce -7.2%
MFC Manulife Financial Corp. 1.33% 14,740,360 $461.0M Reduce -15.1%
META Meta Platforms Inc. Class A 1.27% 596,364 $438.0M Add +7.6%
CNI Canadian Natl Railway Co. 1.23% 4,490,422 $423.6M Reduce -14.0%
GOOGL Alphabet Inc. Class A 1.17% 1,666,577 $405.1M Add +3.8%
SU Suncor Energy Inc. 1.06% 8,730,916 $366.6M Reduce -1.6%
WCN Waste Connections Inc. 1.02% 1,991,112 $350.6M Add +55.7%
GOOG Alphabet Inc. Class C 1.01% 1,438,865 $350.2M Reduce -8.3%
VEU Vanguard Ftse All-World Ex-U 0.99% 4,775,575 $340.8M Reduce -1.1%
WPM Wheaton Precious Metals Corp. 0.92% 2,837,098 $319.5M Reduce -10.9%
TSLA Tesla Inc. 0.91% 704,615 $313.4M Add +0.4%
PBA Pembina Pipeline Corp. 0.86% 7,316,080 $296.1M Reduce -3.1%
TU Telus Corp. 0.86% 18,764,954 $295.6M Add +9.1%
AGI Alamos Gold Inc. Class A 0.83% 8,201,334 $287.3M Reduce -26.3%
EFA iShares MSCI Eafe ETF 0.81% 2,994,238 $279.6M Add +0.2%
BIP Brookfield Infrastructure Pa 0.76% 7,969,421 $262.3M Add +9.1%
CCJ Cameco Corp. 0.76% 3,096,620 $261.3M Reduce -29.8%
TECK Teck Resources Ltd.-CLS B 0.70% 5,455,778 $240.4M Reduce -7.9%
NFLX Netflix Inc. 0.66% 188,824 $226.3M Reduce -3.6%
TRI Thomson Reuters Corp. 0.61% 1,365,254 $212.1M Reduce -0.3%
SLF Sun Life Financial Inc. 0.60% 3,431,117 $206.7M Reduce -38.0%
CVE Cenovus Energy Inc. 0.56% 11,442,043 $194.5M Add +494.2%
GFL GFL Environmental Inc.-Sub VT 0.56% 4,054,084 $192.0M Add +1.0%
FNV Franco-Nevada Corp. 0.53% 815,778 $181.8M Reduce -11.8%
JPM JPMorgan Chase & Co. 0.51% 563,138 $177.6M Add +13.7%
V Visa Inc. Class A 0.50% 503,347 $171.7M Reduce -2.6%
LLY Eli Lilly & Co. 0.49% 220,174 $168.0M Add +10.6%
GRTUF Granite Real Estate Investme 0.47% 2,910,082 $162.8M Reduce -5.5%
BRK.B Berkshire Hathaway Inc. Class B 0.44% 301,060 $151.3M Add +17.1%
PLTR Palantir Technologies Inc. Class A 0.44% 827,148 $150.9M Add +0.3%
FTS Fortis Inc. 0.43% 2,893,085 $146.9M Reduce -1.0%
COST Costco Wholesale Corp. 0.41% 154,188 $142.7M Reduce -0.0%
BAM Brookfield Asset Mgmt-A 0.40% 2,438,268 $139.6M Add +1.9%
QSR Restaurant Brands Intern 0.40% 2,156,338 $138.8M Reduce -5.7%
JNJ Johnson & Johnson 0.39% 724,290 $134.3M Reduce -3.6%
UNH Unitedhealth Group Inc. 0.35% 354,448 $122.3M Reduce -3.7%
BEP Brookfield Renewable Partner 0.34% 4,590,572 $118.2M Reduce -4.0%
KGC Kinross Gold Corp. 0.34% 4,759,994 $118.1M Reduce -17.7%
LIN Linde PLC 0.33% 239,304 $113.6M Reduce -12.1%
TMO Thermo Fisher Scientific Inc. 0.32% 225,771 $109.4M Reduce -5.2%
AMGN Amgen Inc. 0.29% 360,153 $101.6M Add +0.0%
CSCO Cisco Systems Inc. 0.29% 1,474,581 $100.9M Reduce -4.4%
CLS Celestica Inc. 0.29% 405,836 $99.9M Add +111.5%
XOM Exxon Mobil Corp. 0.29% 881,332 $99.4M Add +0.3%
CVX Chevron Corp. 0.28% 616,292 $95.7M Add +7.8%
DSGX The Descartes Systems Grp 0.26% 963,361 $91.4M Add +15.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 136,713 $91.1M Reduce -43.9%
MDT Medtronic PLC 0.25% 906,845 $86.4M Reduce -6.3%
RBA RB Global Inc. 0.25% 781,197 $84.7M Reduce -30.5%
WMT Walmart Inc. 0.24% 820,277 $84.5M Add +0.7%
APP AppLovin Corp. Class A 0.24% 117,126 $84.2M Add +14.8%
AMD Advanced Micro Devices 0.24% 505,443 $81.8M Add +0.0%
MA Mastercard Inc. Class A 0.24% 143,421 $81.6M Add +1.2%
PEP Pepsico Inc. 0.23% 570,510 $80.1M Reduce -2.8%
GIL Gildan Activewear Inc. 0.22% 1,334,426 $77.7M Add +1.4%
ABT Abbott Laboratories 0.22% 579,308 $77.5M Add +0.8%
MCD McDonald's Corp. 0.22% 254,853 $77.4M Add +0.1%
INTU Intuit Inc. 0.22% 111,363 $76.1M Add +2.0%
PG The Procter & Gamble Co. 0.22% 493,659 $75.8M Reduce -0.0%
ORCL Oracle Corp. 0.22% 264,655 $74.4M Add +0.5%
ABBV Abbvie Inc. 0.22% 320,907 $74.3M Add +0.8%
EMA Emera Inc. 0.21% 1,545,451 $74.1M Reduce -21.5%
RCI Rogers Communications Inc. Class B 0.21% 2,102,076 $72.3M Add +261.2%
TXN Texas Instruments Inc. 0.21% 391,753 $72.0M Add +2.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.21% 1,394,045 $71.9M Add +23.8%
AMAT Applied Materials Inc. 0.21% 348,961 $71.4M Reduce -0.7%
ISRG Intuitive Surgical Inc. 0.21% 159,566 $71.4M Add +1.3%
HD Home Depot Inc. 0.20% 173,029 $70.1M Reduce -0.2%
TMUS T-Mobile US Inc. 0.20% 286,018 $68.5M Reduce -1.1%
FSV Firstservice Corp. 0.20% 354,462 $67.9M Reduce -12.7%
QCOM Qualcomm Inc. 0.20% 405,671 $67.5M Reduce -1.1%
KO The Coca-Cola Co. 0.19% 1,008,797 $66.9M Add +0.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.19% 459,537 $66.4M Reduce -3.3%
MBB iShares MBS ETF 0.18% 662,680 $63.1M Add +5.9%
MDLZ Mondelez International Inc. Class A 0.18% 1,008,510 $62.9M Add +3.2%
BKLN Invesco Senior Loan ETF 0.18% 2,945,622 $61.7M Reduce -0.9%
BCE Bce Inc. 0.18% 2,619,059 $61.1M Reduce -56.4%
PM Philip Morris International 0.17% 360,574 $58.5M Add +0.2%
PANW Palo Alto Networks Inc. 0.17% 282,197 $57.5M Add +1.8%
MU Micron Technology Inc. 0.17% 343,261 $57.4M Add +0.0%
AON Aon PLC Class A 0.16% 159,912 $57.0M Reduce -11.0%
INTC Intel Corp. 0.16% 1,682,569 $56.5M Add +26.1%

Show all 1,239 holdings

Portfolio Sells Q2 2025 → Q3 2025

SLF Sun Life Financial Inc. Reduce -38.0% 0.60% −0.56
CNI Canadian Natl Railway Co. Reduce -14.0% 1.23% −0.49
MFC Manulife Financial Corp. Reduce -15.1% 1.33% −0.42
ENB Enbridge Inc. Reduce -14.2% 2.20% −0.30
CCJ Cameco Corp. Reduce -29.8% 0.76% −0.28
TRI Thomson Reuters Corp. Reduce -0.3% 0.61% −0.25
BCE Bce Inc. Reduce -56.4% 0.18% −0.24
CNQ Canadian Natural Resources Reduce -5.2% 1.88% −0.24
SPY SS SPDR S&P 500 ETF Trust-US Reduce -43.9% 0.26% −0.21
TD Toronto-Dominion Bank Reduce -5.1% 3.62% −0.19
NFLX Netflix Inc. Reduce -3.6% 0.66% −0.17
RBA RB Global Inc. Reduce -30.5% 0.25% −0.13
MSFT Microsoft Corp. Reduce -0.1% 3.15% −0.13
SHW The Sherwin-Williams Co. Reduce -76.8% 0.03% −0.12
PAAS Pan American Silver Corp. Reduce -73.3% 0.06% −0.11
EFX Equifax Inc. Reduce -64.6% 0.05% −0.11
AGI Alamos Gold Inc. Class A Reduce -26.3% 0.83% −0.10
KEYS Keysight Technologies Inc. Reduce -84.5% 0.01% −0.08
QSR Restaurant Brands Intern Reduce -5.7% 0.40% −0.08
V Visa Inc. Class A Reduce -2.6% 0.50% −0.08
TRP TC Energy Corp. Reduce -7.2% 1.43% −0.07
LIN Linde PLC Reduce -12.1% 0.33% −0.07
EMA Emera Inc. Reduce -21.5% 0.21% −0.07
COST Costco Wholesale Corp. Reduce -0.0% 0.41% −0.07
BN Brookfield Corp. Reduce -4.4% 2.63% −0.06
TECK Teck Resources Ltd.-CLS B Reduce -7.9% 0.70% −0.06
ZBRA Zebra Technologies Corp. Class A Reduce -88.7% 0.01% −0.06
VOO Vanguard S&P 500 ETF Reduce -2.7% 1.65% −0.06
UNP Union Pacific Corp. Reduce -20.4% 0.16% −0.05
RY Royal Bank of Canada Reduce -3.9% 4.57% −0.05
NTR Nutrien Ltd. Reduce -20.5% 0.13% −0.05
CSCO Cisco Systems Inc. Reduce -4.4% 0.29% −0.04
BEP Brookfield Renewable Partner Reduce -4.0% 0.34% −0.04
MGA Magna International Inc. Reduce -44.1% 0.07% −0.04
TTD Trade Desk Inc./the Class A Reduce -44.3% 0.02% −0.04
CRM Salesforce Inc. Reduce -7.7% 0.10% −0.04
AON Aon PLC Class A Reduce -11.0% 0.16% −0.04
PBA Pembina Pipeline Corp. Reduce -3.1% 0.86% −0.03
VEU Vanguard Ftse All-World Ex-U Reduce -1.1% 0.99% −0.03
ADBE Adobe Inc. Reduce -3.2% 0.15% −0.03
ON On Semiconductor Reduce -58.7% 0.02% −0.03
HON Honeywell International Inc. Reduce -0.4% 0.15% −0.03
LMT Lockheed Martin Corp. Reduce -38.1% 0.05% −0.03
ANSS Ansys Inc. Sold out 0.00% −0.03
CMCSA Comcast Corp. Class A Reduce -1.2% 0.11% −0.03
PG The Procter & Gamble Co. Reduce -0.0% 0.22% −0.03
BKNG Booking Holdings Inc. Reduce -0.7% 0.16% −0.03
FSV Firstservice Corp. Reduce -12.7% 0.20% −0.03
ACN Accenture PLC Class A Reduce -6.8% 0.07% −0.03
CIGI Colliers Intl GR-Subord Vot Reduce -35.6% 0.06% −0.03

Portfolio Buys Q2 2025 → Q3 2025

B Barrick Mining Corp. Add +316.0% 1.74% +1.45
BNS Bank of Nova Scotia Add +44.3% 1.84% +0.66
BMO Bank of Montreal Add +17.3% 2.75% +0.59
CVE Cenovus Energy Inc. Add +494.2% 0.56% +0.48
AAPL Apple Inc. Add +1.8% 2.85% +0.40
NVDA Nvidia Corp. Add +2.9% 3.45% +0.37
SHOP Shopify Inc. Class A Add +2.6% 1.88% +0.33
GOOGL Alphabet Inc. Class A Add +3.8% 1.17% +0.28
WCN Waste Connections Inc. Add +55.7% 1.02% +0.26
AVGO Broadcom Inc. Add +7.7% 1.52% +0.24
TSLA Tesla Inc. Add +0.4% 0.91% +0.21
CLS Celestica Inc. Add +111.5% 0.29% +0.19
CM Can Imperial BK of Commerce Add +4.0% 2.29% +0.17
RCI Rogers Communications Inc. Class B Add +261.2% 0.21% +0.15
APP AppLovin Corp. Class A Add +14.8% 0.24% +0.13
PLTR Palantir Technologies Inc. Class A Add +0.3% 0.44% +0.08
INTC Intel Corp. Add +26.1% 0.16% +0.07
JPM JPMorgan Chase & Co. Add +13.7% 0.51% +0.07
BRK.B Berkshire Hathaway Inc. Class B Add +17.1% 0.44% +0.05
SNPS Synopsys Inc. Add +75.4% 0.12% +0.04
BAC Bank of America Corp. Add +23.8% 0.21% +0.04
NXE Nexgen Energy Ltd. Add +203.9% 0.05% +0.04
TTWO Take-Two Interactive Softwre Add +95.0% 0.08% +0.04
ORCL Oracle Corp. Add +0.5% 0.22% +0.03
HOOD Robinhood Markets Inc. Class A Add +229.6% 0.04% +0.03
MU Micron Technology Inc. Add +0.0% 0.17% +0.03
INVH Invitation Homes Inc. Add +446.4% 0.04% +0.03
ABBV Abbvie Inc. Add +0.8% 0.22% +0.03
HDB HDFC Bank Ltd.-ADR Add +94.3% 0.07% +0.03
MO Altria Group Inc. Add +14.2% 0.13% +0.02
CVX Chevron Corp. Add +7.8% 0.28% +0.02
GIL Gildan Activewear Inc. Add +1.4% 0.22% +0.02
NEM Newmont Corp. Add +6.2% 0.06% +0.02
WBD Warner Bros Discovery Inc. Add +0.2% 0.04% +0.02
SPOT Spotify Technology SA Add +65.2% 0.05% +0.01
REG Regency Centers Corp. Add +46.1% 0.05% +0.01
NGD New Gold Inc. Add +31.2% 0.03% +0.01
KLAC KLA Corp. Add +0.0% 0.13% +0.01
BIPC Brookfield Infrastructure-A Add +36.1% 0.07% +0.01
AMD Advanced Micro Devices Add +0.0% 0.24% +0.01
DDOG Datadog Inc. Class A Add +20.8% 0.07% +0.01
XYZ Block Inc. Add +219.7% 0.02% +0.01
EQX Equinox Gold Corp. Add +3.6% 0.02% +0.01
GLW Corning Inc. Add +0.1% 0.03% +0.01
NOA North American Construction Add +50.1% 0.05% +0.01
IBKR Interactive Brokers Gro Class A Add +304.5% 0.01% +0.01
ORLY O'reilly Automotive Inc. Add +0.3% 0.09% +0.01
EME Emcor Group Inc. Add +277.9% 0.01% +0.01
VMC Vulcan Materials Co. Add +0.1% 0.08% +0.01
STX Seagate Technology Holdings Add +0.2% 0.02% +0.01

Options Activity Q2 2025 → Q3 2025

SPY SS SPDR S&P 500 ETF Trust-US put Sold out 836,100 $516.6Mbefore 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